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fair value of the tangible assets and identifiable intangible assets acquired , was $ 17.7 million .goodwill resulted primarily from the company 2019s expectation of synergies from the integration of sigma-c 2019s technology with the company 2019s technology and operations .virtio corporation , inc .( virtio ) the company acquired virtio on may 15 , 2006 in an all-cash transaction .reasons for the acquisition .the company believes that its acquisition of virtio will expand its presence in electronic system level design .the company expects the combination of the company 2019s system studio solution with virtio 2019s virtual prototyping technology will help accelerate systems to market by giving software developers the ability to begin code development earlier than with prevailing methods .purchase price .the company paid $ 9.1 million in cash for the outstanding shares of virtio , of which $ 0.9 million was deposited with an escrow agent and which will be paid to the former stockholders of virtio pursuant to the terms of an escrow agreement .in addition , the company had a prior investment in virtio of approximately $ 1.7 million .the total purchase consideration consisted of: . | ( in thousands )
cash paid | $ 9076
prior investment in virtio | 1664
acquisition-related costs | 713
total purchase price | $ 11453 acquisition-related costs of $ 0.7 million consist primarily of legal , tax and accounting fees , estimated facilities closure costs and employee termination costs .as of october 31 , 2006 , the company had paid $ 0.3 million of the acquisition-related costs .the $ 0.4 million balance remaining at october 31 , 2006 primarily consists of professional and tax-related service fees and facilities closure costs .under the agreement with virtio , the company has also agreed to pay up to $ 4.3 million over three years to the former stockholders based upon achievement of certain sales milestones .this contingent consideration is considered to be additional purchase price and will be an adjustment to goodwill when and if payment is made .additionally , the company has also agreed to pay $ 0.9 million in employee retention bonuses which will be recognized as compensation expense over the service period of the applicable employees .assets acquired .the company has performed a preliminary valuation and allocated the total purchase consideration to the assets and liabilities acquired , including identifiable intangible assets based on their respective fair values on the acquisition date .the company acquired $ 2.5 million of intangible assets consisting of $ 1.9 million in existing technology , $ 0.4 million in customer relationships and $ 0.2 million in non-compete agreements to be amortized over five to seven years .additionally , the company acquired tangible assets of $ 5.5 million and assumed liabilities of $ 3.2 million .goodwill , representing the excess of the purchase price over the fair value of the net tangible and identifiable intangible assets acquired in the merger , was $ 6.7 million .goodwill resulted primarily from the company 2019s expectation of synergies from the integration of virtio 2019s technology with the company 2019s technology and operations .hpl technologies , inc .( hpl ) the company acquired hpl on december 7 , 2005 in an all-cash transaction .reasons for the acquisition .the company believes that the acquisition of hpl will help solidify the company 2019s position as a leading electronic design automation vendor in design for manufacturing ( dfm ) .
Question: what is the value of intangible assets acquired, in millions?
| 2.5 | 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.
fair value of the tangible assets and identifiable intangible assets acquired , was $ 17.7 million .goodwill resulted primarily from the company 2019s expectation of synergies from the integration of sigma-c 2019s technology with the company 2019s technology and operations .virtio corporation , inc .( virtio ) the company acquired virtio on may 15 , 2006 in an all-cash transaction .reasons for the acquisition .the company believes that its acquisition of virtio will expand its presence in electronic system level design .the company expects the combination of the company 2019s system studio solution with virtio 2019s virtual prototyping technology will help accelerate systems to market by giving software developers the ability to begin code development earlier than with prevailing methods .purchase price .the company paid $ 9.1 million in cash for the outstanding shares of virtio , of which $ 0.9 million was deposited with an escrow agent and which will be paid to the former stockholders of virtio pursuant to the terms of an escrow agreement .in addition , the company had a prior investment in virtio of approximately $ 1.7 million .the total purchase consideration consisted of: . | ( in thousands )
cash paid | $ 9076
prior investment in virtio | 1664
acquisition-related costs | 713
total purchase price | $ 11453 acquisition-related costs of $ 0.7 million consist primarily of legal , tax and accounting fees , estimated facilities closure costs and employee termination costs .as of october 31 , 2006 , the company had paid $ 0.3 million of the acquisition-related costs .the $ 0.4 million balance remaining at october 31 , 2006 primarily consists of professional and tax-related service fees and facilities closure costs .under the agreement with virtio , the company has also agreed to pay up to $ 4.3 million over three years to the former stockholders based upon achievement of certain sales milestones .this contingent consideration is considered to be additional purchase price and will be an adjustment to goodwill when and if payment is made .additionally , the company has also agreed to pay $ 0.9 million in employee retention bonuses which will be recognized as compensation expense over the service period of the applicable employees .assets acquired .the company has performed a preliminary valuation and allocated the total purchase consideration to the assets and liabilities acquired , including identifiable intangible assets based on their respective fair values on the acquisition date .the company acquired $ 2.5 million of intangible assets consisting of $ 1.9 million in existing technology , $ 0.4 million in customer relationships and $ 0.2 million in non-compete agreements to be amortized over five to seven years .additionally , the company acquired tangible assets of $ 5.5 million and assumed liabilities of $ 3.2 million .goodwill , representing the excess of the purchase price over the fair value of the net tangible and identifiable intangible assets acquired in the merger , was $ 6.7 million .goodwill resulted primarily from the company 2019s expectation of synergies from the integration of virtio 2019s technology with the company 2019s technology and operations .hpl technologies , inc .( hpl ) the company acquired hpl on december 7 , 2005 in an all-cash transaction .reasons for the acquisition .the company believes that the acquisition of hpl will help solidify the company 2019s position as a leading electronic design automation vendor in design for manufacturing ( dfm ) .
Question: what is the value of intangible assets acquired, in millions?
| convfinqa2500 |
fair value of the tangible assets and identifiable intangible assets acquired , was $ 17.7 million .goodwill resulted primarily from the company 2019s expectation of synergies from the integration of sigma-c 2019s technology with the company 2019s technology and operations .virtio corporation , inc .( virtio ) the company acquired virtio on may 15 , 2006 in an all-cash transaction .reasons for the acquisition .the company believes that its acquisition of virtio will expand its presence in electronic system level design .the company expects the combination of the company 2019s system studio solution with virtio 2019s virtual prototyping technology will help accelerate systems to market by giving software developers the ability to begin code development earlier than with prevailing methods .purchase price .the company paid $ 9.1 million in cash for the outstanding shares of virtio , of which $ 0.9 million was deposited with an escrow agent and which will be paid to the former stockholders of virtio pursuant to the terms of an escrow agreement .in addition , the company had a prior investment in virtio of approximately $ 1.7 million .the total purchase consideration consisted of: . | ( in thousands )
cash paid | $ 9076
prior investment in virtio | 1664
acquisition-related costs | 713
total purchase price | $ 11453 acquisition-related costs of $ 0.7 million consist primarily of legal , tax and accounting fees , estimated facilities closure costs and employee termination costs .as of october 31 , 2006 , the company had paid $ 0.3 million of the acquisition-related costs .the $ 0.4 million balance remaining at october 31 , 2006 primarily consists of professional and tax-related service fees and facilities closure costs .under the agreement with virtio , the company has also agreed to pay up to $ 4.3 million over three years to the former stockholders based upon achievement of certain sales milestones .this contingent consideration is considered to be additional purchase price and will be an adjustment to goodwill when and if payment is made .additionally , the company has also agreed to pay $ 0.9 million in employee retention bonuses which will be recognized as compensation expense over the service period of the applicable employees .assets acquired .the company has performed a preliminary valuation and allocated the total purchase consideration to the assets and liabilities acquired , including identifiable intangible assets based on their respective fair values on the acquisition date .the company acquired $ 2.5 million of intangible assets consisting of $ 1.9 million in existing technology , $ 0.4 million in customer relationships and $ 0.2 million in non-compete agreements to be amortized over five to seven years .additionally , the company acquired tangible assets of $ 5.5 million and assumed liabilities of $ 3.2 million .goodwill , representing the excess of the purchase price over the fair value of the net tangible and identifiable intangible assets acquired in the merger , was $ 6.7 million .goodwill resulted primarily from the company 2019s expectation of synergies from the integration of virtio 2019s technology with the company 2019s technology and operations .hpl technologies , inc .( hpl ) the company acquired hpl on december 7 , 2005 in an all-cash transaction .reasons for the acquisition .the company believes that the acquisition of hpl will help solidify the company 2019s position as a leading electronic design automation vendor in design for manufacturing ( dfm ) .
Question: what is the value of intangible assets acquired, in millions?
Steps: Ask for number 2.5
Answer: 2.5
Question: what about in thousands?
| 2500.0 | 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.
fair value of the tangible assets and identifiable intangible assets acquired , was $ 17.7 million .goodwill resulted primarily from the company 2019s expectation of synergies from the integration of sigma-c 2019s technology with the company 2019s technology and operations .virtio corporation , inc .( virtio ) the company acquired virtio on may 15 , 2006 in an all-cash transaction .reasons for the acquisition .the company believes that its acquisition of virtio will expand its presence in electronic system level design .the company expects the combination of the company 2019s system studio solution with virtio 2019s virtual prototyping technology will help accelerate systems to market by giving software developers the ability to begin code development earlier than with prevailing methods .purchase price .the company paid $ 9.1 million in cash for the outstanding shares of virtio , of which $ 0.9 million was deposited with an escrow agent and which will be paid to the former stockholders of virtio pursuant to the terms of an escrow agreement .in addition , the company had a prior investment in virtio of approximately $ 1.7 million .the total purchase consideration consisted of: . | ( in thousands )
cash paid | $ 9076
prior investment in virtio | 1664
acquisition-related costs | 713
total purchase price | $ 11453 acquisition-related costs of $ 0.7 million consist primarily of legal , tax and accounting fees , estimated facilities closure costs and employee termination costs .as of october 31 , 2006 , the company had paid $ 0.3 million of the acquisition-related costs .the $ 0.4 million balance remaining at october 31 , 2006 primarily consists of professional and tax-related service fees and facilities closure costs .under the agreement with virtio , the company has also agreed to pay up to $ 4.3 million over three years to the former stockholders based upon achievement of certain sales milestones .this contingent consideration is considered to be additional purchase price and will be an adjustment to goodwill when and if payment is made .additionally , the company has also agreed to pay $ 0.9 million in employee retention bonuses which will be recognized as compensation expense over the service period of the applicable employees .assets acquired .the company has performed a preliminary valuation and allocated the total purchase consideration to the assets and liabilities acquired , including identifiable intangible assets based on their respective fair values on the acquisition date .the company acquired $ 2.5 million of intangible assets consisting of $ 1.9 million in existing technology , $ 0.4 million in customer relationships and $ 0.2 million in non-compete agreements to be amortized over five to seven years .additionally , the company acquired tangible assets of $ 5.5 million and assumed liabilities of $ 3.2 million .goodwill , representing the excess of the purchase price over the fair value of the net tangible and identifiable intangible assets acquired in the merger , was $ 6.7 million .goodwill resulted primarily from the company 2019s expectation of synergies from the integration of virtio 2019s technology with the company 2019s technology and operations .hpl technologies , inc .( hpl ) the company acquired hpl on december 7 , 2005 in an all-cash transaction .reasons for the acquisition .the company believes that the acquisition of hpl will help solidify the company 2019s position as a leading electronic design automation vendor in design for manufacturing ( dfm ) .
Question: what is the value of intangible assets acquired, in millions?
Steps: Ask for number 2.5
Answer: 2.5
Question: what about in thousands?
| convfinqa2501 |
fair value of the tangible assets and identifiable intangible assets acquired , was $ 17.7 million .goodwill resulted primarily from the company 2019s expectation of synergies from the integration of sigma-c 2019s technology with the company 2019s technology and operations .virtio corporation , inc .( virtio ) the company acquired virtio on may 15 , 2006 in an all-cash transaction .reasons for the acquisition .the company believes that its acquisition of virtio will expand its presence in electronic system level design .the company expects the combination of the company 2019s system studio solution with virtio 2019s virtual prototyping technology will help accelerate systems to market by giving software developers the ability to begin code development earlier than with prevailing methods .purchase price .the company paid $ 9.1 million in cash for the outstanding shares of virtio , of which $ 0.9 million was deposited with an escrow agent and which will be paid to the former stockholders of virtio pursuant to the terms of an escrow agreement .in addition , the company had a prior investment in virtio of approximately $ 1.7 million .the total purchase consideration consisted of: . | ( in thousands )
cash paid | $ 9076
prior investment in virtio | 1664
acquisition-related costs | 713
total purchase price | $ 11453 acquisition-related costs of $ 0.7 million consist primarily of legal , tax and accounting fees , estimated facilities closure costs and employee termination costs .as of october 31 , 2006 , the company had paid $ 0.3 million of the acquisition-related costs .the $ 0.4 million balance remaining at october 31 , 2006 primarily consists of professional and tax-related service fees and facilities closure costs .under the agreement with virtio , the company has also agreed to pay up to $ 4.3 million over three years to the former stockholders based upon achievement of certain sales milestones .this contingent consideration is considered to be additional purchase price and will be an adjustment to goodwill when and if payment is made .additionally , the company has also agreed to pay $ 0.9 million in employee retention bonuses which will be recognized as compensation expense over the service period of the applicable employees .assets acquired .the company has performed a preliminary valuation and allocated the total purchase consideration to the assets and liabilities acquired , including identifiable intangible assets based on their respective fair values on the acquisition date .the company acquired $ 2.5 million of intangible assets consisting of $ 1.9 million in existing technology , $ 0.4 million in customer relationships and $ 0.2 million in non-compete agreements to be amortized over five to seven years .additionally , the company acquired tangible assets of $ 5.5 million and assumed liabilities of $ 3.2 million .goodwill , representing the excess of the purchase price over the fair value of the net tangible and identifiable intangible assets acquired in the merger , was $ 6.7 million .goodwill resulted primarily from the company 2019s expectation of synergies from the integration of virtio 2019s technology with the company 2019s technology and operations .hpl technologies , inc .( hpl ) the company acquired hpl on december 7 , 2005 in an all-cash transaction .reasons for the acquisition .the company believes that the acquisition of hpl will help solidify the company 2019s position as a leading electronic design automation vendor in design for manufacturing ( dfm ) .
Question: what is the value of intangible assets acquired, in millions?
Steps: Ask for number 2.5
Answer: 2.5
Question: what about in thousands?
Steps: multiply(2.5, const_1000)
Answer: 2500.0
Question: what is the total purchase price?
| 11453.0 | 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.
fair value of the tangible assets and identifiable intangible assets acquired , was $ 17.7 million .goodwill resulted primarily from the company 2019s expectation of synergies from the integration of sigma-c 2019s technology with the company 2019s technology and operations .virtio corporation , inc .( virtio ) the company acquired virtio on may 15 , 2006 in an all-cash transaction .reasons for the acquisition .the company believes that its acquisition of virtio will expand its presence in electronic system level design .the company expects the combination of the company 2019s system studio solution with virtio 2019s virtual prototyping technology will help accelerate systems to market by giving software developers the ability to begin code development earlier than with prevailing methods .purchase price .the company paid $ 9.1 million in cash for the outstanding shares of virtio , of which $ 0.9 million was deposited with an escrow agent and which will be paid to the former stockholders of virtio pursuant to the terms of an escrow agreement .in addition , the company had a prior investment in virtio of approximately $ 1.7 million .the total purchase consideration consisted of: . | ( in thousands )
cash paid | $ 9076
prior investment in virtio | 1664
acquisition-related costs | 713
total purchase price | $ 11453 acquisition-related costs of $ 0.7 million consist primarily of legal , tax and accounting fees , estimated facilities closure costs and employee termination costs .as of october 31 , 2006 , the company had paid $ 0.3 million of the acquisition-related costs .the $ 0.4 million balance remaining at october 31 , 2006 primarily consists of professional and tax-related service fees and facilities closure costs .under the agreement with virtio , the company has also agreed to pay up to $ 4.3 million over three years to the former stockholders based upon achievement of certain sales milestones .this contingent consideration is considered to be additional purchase price and will be an adjustment to goodwill when and if payment is made .additionally , the company has also agreed to pay $ 0.9 million in employee retention bonuses which will be recognized as compensation expense over the service period of the applicable employees .assets acquired .the company has performed a preliminary valuation and allocated the total purchase consideration to the assets and liabilities acquired , including identifiable intangible assets based on their respective fair values on the acquisition date .the company acquired $ 2.5 million of intangible assets consisting of $ 1.9 million in existing technology , $ 0.4 million in customer relationships and $ 0.2 million in non-compete agreements to be amortized over five to seven years .additionally , the company acquired tangible assets of $ 5.5 million and assumed liabilities of $ 3.2 million .goodwill , representing the excess of the purchase price over the fair value of the net tangible and identifiable intangible assets acquired in the merger , was $ 6.7 million .goodwill resulted primarily from the company 2019s expectation of synergies from the integration of virtio 2019s technology with the company 2019s technology and operations .hpl technologies , inc .( hpl ) the company acquired hpl on december 7 , 2005 in an all-cash transaction .reasons for the acquisition .the company believes that the acquisition of hpl will help solidify the company 2019s position as a leading electronic design automation vendor in design for manufacturing ( dfm ) .
Question: what is the value of intangible assets acquired, in millions?
Steps: Ask for number 2.5
Answer: 2.5
Question: what about in thousands?
Steps: multiply(2.5, const_1000)
Answer: 2500.0
Question: what is the total purchase price?
| convfinqa2502 |
fair value of the tangible assets and identifiable intangible assets acquired , was $ 17.7 million .goodwill resulted primarily from the company 2019s expectation of synergies from the integration of sigma-c 2019s technology with the company 2019s technology and operations .virtio corporation , inc .( virtio ) the company acquired virtio on may 15 , 2006 in an all-cash transaction .reasons for the acquisition .the company believes that its acquisition of virtio will expand its presence in electronic system level design .the company expects the combination of the company 2019s system studio solution with virtio 2019s virtual prototyping technology will help accelerate systems to market by giving software developers the ability to begin code development earlier than with prevailing methods .purchase price .the company paid $ 9.1 million in cash for the outstanding shares of virtio , of which $ 0.9 million was deposited with an escrow agent and which will be paid to the former stockholders of virtio pursuant to the terms of an escrow agreement .in addition , the company had a prior investment in virtio of approximately $ 1.7 million .the total purchase consideration consisted of: . | ( in thousands )
cash paid | $ 9076
prior investment in virtio | 1664
acquisition-related costs | 713
total purchase price | $ 11453 acquisition-related costs of $ 0.7 million consist primarily of legal , tax and accounting fees , estimated facilities closure costs and employee termination costs .as of october 31 , 2006 , the company had paid $ 0.3 million of the acquisition-related costs .the $ 0.4 million balance remaining at october 31 , 2006 primarily consists of professional and tax-related service fees and facilities closure costs .under the agreement with virtio , the company has also agreed to pay up to $ 4.3 million over three years to the former stockholders based upon achievement of certain sales milestones .this contingent consideration is considered to be additional purchase price and will be an adjustment to goodwill when and if payment is made .additionally , the company has also agreed to pay $ 0.9 million in employee retention bonuses which will be recognized as compensation expense over the service period of the applicable employees .assets acquired .the company has performed a preliminary valuation and allocated the total purchase consideration to the assets and liabilities acquired , including identifiable intangible assets based on their respective fair values on the acquisition date .the company acquired $ 2.5 million of intangible assets consisting of $ 1.9 million in existing technology , $ 0.4 million in customer relationships and $ 0.2 million in non-compete agreements to be amortized over five to seven years .additionally , the company acquired tangible assets of $ 5.5 million and assumed liabilities of $ 3.2 million .goodwill , representing the excess of the purchase price over the fair value of the net tangible and identifiable intangible assets acquired in the merger , was $ 6.7 million .goodwill resulted primarily from the company 2019s expectation of synergies from the integration of virtio 2019s technology with the company 2019s technology and operations .hpl technologies , inc .( hpl ) the company acquired hpl on december 7 , 2005 in an all-cash transaction .reasons for the acquisition .the company believes that the acquisition of hpl will help solidify the company 2019s position as a leading electronic design automation vendor in design for manufacturing ( dfm ) .
Question: what is the value of intangible assets acquired, in millions?
Steps: Ask for number 2.5
Answer: 2.5
Question: what about in thousands?
Steps: multiply(2.5, const_1000)
Answer: 2500.0
Question: what is the total purchase price?
Steps: Ask for number 11453
Answer: 11453.0
Question: what portion is related to intangible assets?
| 0.21828 | 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.
fair value of the tangible assets and identifiable intangible assets acquired , was $ 17.7 million .goodwill resulted primarily from the company 2019s expectation of synergies from the integration of sigma-c 2019s technology with the company 2019s technology and operations .virtio corporation , inc .( virtio ) the company acquired virtio on may 15 , 2006 in an all-cash transaction .reasons for the acquisition .the company believes that its acquisition of virtio will expand its presence in electronic system level design .the company expects the combination of the company 2019s system studio solution with virtio 2019s virtual prototyping technology will help accelerate systems to market by giving software developers the ability to begin code development earlier than with prevailing methods .purchase price .the company paid $ 9.1 million in cash for the outstanding shares of virtio , of which $ 0.9 million was deposited with an escrow agent and which will be paid to the former stockholders of virtio pursuant to the terms of an escrow agreement .in addition , the company had a prior investment in virtio of approximately $ 1.7 million .the total purchase consideration consisted of: . | ( in thousands )
cash paid | $ 9076
prior investment in virtio | 1664
acquisition-related costs | 713
total purchase price | $ 11453 acquisition-related costs of $ 0.7 million consist primarily of legal , tax and accounting fees , estimated facilities closure costs and employee termination costs .as of october 31 , 2006 , the company had paid $ 0.3 million of the acquisition-related costs .the $ 0.4 million balance remaining at october 31 , 2006 primarily consists of professional and tax-related service fees and facilities closure costs .under the agreement with virtio , the company has also agreed to pay up to $ 4.3 million over three years to the former stockholders based upon achievement of certain sales milestones .this contingent consideration is considered to be additional purchase price and will be an adjustment to goodwill when and if payment is made .additionally , the company has also agreed to pay $ 0.9 million in employee retention bonuses which will be recognized as compensation expense over the service period of the applicable employees .assets acquired .the company has performed a preliminary valuation and allocated the total purchase consideration to the assets and liabilities acquired , including identifiable intangible assets based on their respective fair values on the acquisition date .the company acquired $ 2.5 million of intangible assets consisting of $ 1.9 million in existing technology , $ 0.4 million in customer relationships and $ 0.2 million in non-compete agreements to be amortized over five to seven years .additionally , the company acquired tangible assets of $ 5.5 million and assumed liabilities of $ 3.2 million .goodwill , representing the excess of the purchase price over the fair value of the net tangible and identifiable intangible assets acquired in the merger , was $ 6.7 million .goodwill resulted primarily from the company 2019s expectation of synergies from the integration of virtio 2019s technology with the company 2019s technology and operations .hpl technologies , inc .( hpl ) the company acquired hpl on december 7 , 2005 in an all-cash transaction .reasons for the acquisition .the company believes that the acquisition of hpl will help solidify the company 2019s position as a leading electronic design automation vendor in design for manufacturing ( dfm ) .
Question: what is the value of intangible assets acquired, in millions?
Steps: Ask for number 2.5
Answer: 2.5
Question: what about in thousands?
Steps: multiply(2.5, const_1000)
Answer: 2500.0
Question: what is the total purchase price?
Steps: Ask for number 11453
Answer: 11453.0
Question: what portion is related to intangible assets?
| convfinqa2503 |
has decreased during the period from 2002 to 2004 , principally due to the increase in earned premium and due to cost containment measures undertaken by management .in business insurance and personal lines , the expense ratio is expected to decrease further in 2005 , largely as a result of expected increases in earned premium .in specialty commercial , the expense ratio is expected to increase slightly in 2005 due to changes in the business mix , most notably the company 2019s decision in the fourth quarter of 2004 to exit the multi-peril crop insurance program which will eliminate significant expense reimbursements from the specialty commercial segment .policyholder dividend ratio : the policyholder dividend ratio is the ratio of policyholder dividends to earned premium .combined ratio : the combined ratio is the sum of the loss and loss adjustment expense ratio , the expense ratio and the policyholder dividend ratio .this ratio is a relative measurement that describes the related cost of losses and expense for every $ 100 of earned premiums .a combined ratio below 100.0 demonstrates underwriting profit ; a combined ratio above 100.0 demonstrates underwriting losses .the combined ratio has decreased from 2003 to 2004 primarily because of improvement in the expense ratio .the combined ratio in 2005 could be significantly higher or lower than the 2004 combined ratio depending on the level of catastrophe losses , but will also be impacted by changes in pricing and an expected moderation in favorable loss cost trends .catastrophe ratio : the catastrophe ratio ( a component of the loss and loss adjustment expense ratio ) represents the ratio of catastrophe losses ( net of reinsurance ) to earned premiums .a catastrophe is an event that causes $ 25 or more in industry insured property losses and affects a significant number of property and casualty policyholders and insurers .by their nature , catastrophe losses vary dramatically from year to year .based on the mix and geographic dispersion of premium written and estimates derived from various catastrophe loss models , the company 2019s expected catastrophe ratio over the long-term is 3.0 points .before considering the reduction in ongoing operation 2019s catastrophe reserves related to september 11 of $ 298 in 2004 , the catastrophe ratio in 2004 was 5.3 points .see 201crisk management strategy 201d below for a discussion of the company 2019s property catastrophe risk management program that serves to mitigate the company 2019s net exposure to catastrophe losses .combined ratio before catastrophes and prior accident year development : the combined ratio before catastrophes and prior accident year development represents the combined ratio for the current accident year , excluding the impact of catastrophes .the company believes this ratio is an important measure of the trend in profitability since it removes the impact of volatile and unpredictable catastrophe losses and prior accident year reserve development .before considering catastrophes , the combined ratio related to current accident year business has improved from 2002 to 2004 principally due to earned pricing increases and favorable claim frequency .other operations underwriting results : the other operations segment is responsible for managing operations of the hartford that have discontinued writing new or renewal business as well as managing the claims related to asbestos and environmental exposures .as such , neither earned premiums nor underwriting ratios are meaningful financial measures .instead , management believes that underwriting result is a more meaningful measure .the net underwriting loss for 2002 through 2004 is primarily due to prior accident year loss development , including $ 2.6 billion of net asbestos reserve strengthening in 2003 .reserve estimates within other operations , including estimates for asbestos and environmental claims , are inherently uncertain .refer to the other operations segment md&a for further discussion of other operation's underwriting results .total property & casualty investment earnings . | 2004 | 2003 | 2002
investment yield after-tax | 4.1% ( 4.1 % ) | 4.2% ( 4.2 % ) | 4.5% ( 4.5 % )
net realized capital gains ( losses ) after-tax | $ 87 | $ 165 | $ -44 ( 44 ) the investment return , or yield , on property & casualty 2019s invested assets is an important element of the company 2019s earnings since insurance products are priced with the assumption that premiums received can be invested for a period of time before loss and loss adjustment expenses are paid .for longer tail lines , such as workers 2019 compensation and general liability , claims are paid over several years and , therefore , the premiums received for these lines of business can generate significant investment income .him determines the appropriate allocation of investments by asset class and measures the investment yield performance for each asset class against market indices or other benchmarks .due to the emphasis on preservation of capital and the need to maintain sufficient liquidity to satisfy claim obligations , the vast majority of property and casualty 2019s invested assets have been held in fixed maturities , including , among other asset classes , corporate bonds , municipal bonds , government debt , short-term debt , mortgage- .
Question: what is the net realized capital gain after tax in 2004?
| 87.0 | 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.
has decreased during the period from 2002 to 2004 , principally due to the increase in earned premium and due to cost containment measures undertaken by management .in business insurance and personal lines , the expense ratio is expected to decrease further in 2005 , largely as a result of expected increases in earned premium .in specialty commercial , the expense ratio is expected to increase slightly in 2005 due to changes in the business mix , most notably the company 2019s decision in the fourth quarter of 2004 to exit the multi-peril crop insurance program which will eliminate significant expense reimbursements from the specialty commercial segment .policyholder dividend ratio : the policyholder dividend ratio is the ratio of policyholder dividends to earned premium .combined ratio : the combined ratio is the sum of the loss and loss adjustment expense ratio , the expense ratio and the policyholder dividend ratio .this ratio is a relative measurement that describes the related cost of losses and expense for every $ 100 of earned premiums .a combined ratio below 100.0 demonstrates underwriting profit ; a combined ratio above 100.0 demonstrates underwriting losses .the combined ratio has decreased from 2003 to 2004 primarily because of improvement in the expense ratio .the combined ratio in 2005 could be significantly higher or lower than the 2004 combined ratio depending on the level of catastrophe losses , but will also be impacted by changes in pricing and an expected moderation in favorable loss cost trends .catastrophe ratio : the catastrophe ratio ( a component of the loss and loss adjustment expense ratio ) represents the ratio of catastrophe losses ( net of reinsurance ) to earned premiums .a catastrophe is an event that causes $ 25 or more in industry insured property losses and affects a significant number of property and casualty policyholders and insurers .by their nature , catastrophe losses vary dramatically from year to year .based on the mix and geographic dispersion of premium written and estimates derived from various catastrophe loss models , the company 2019s expected catastrophe ratio over the long-term is 3.0 points .before considering the reduction in ongoing operation 2019s catastrophe reserves related to september 11 of $ 298 in 2004 , the catastrophe ratio in 2004 was 5.3 points .see 201crisk management strategy 201d below for a discussion of the company 2019s property catastrophe risk management program that serves to mitigate the company 2019s net exposure to catastrophe losses .combined ratio before catastrophes and prior accident year development : the combined ratio before catastrophes and prior accident year development represents the combined ratio for the current accident year , excluding the impact of catastrophes .the company believes this ratio is an important measure of the trend in profitability since it removes the impact of volatile and unpredictable catastrophe losses and prior accident year reserve development .before considering catastrophes , the combined ratio related to current accident year business has improved from 2002 to 2004 principally due to earned pricing increases and favorable claim frequency .other operations underwriting results : the other operations segment is responsible for managing operations of the hartford that have discontinued writing new or renewal business as well as managing the claims related to asbestos and environmental exposures .as such , neither earned premiums nor underwriting ratios are meaningful financial measures .instead , management believes that underwriting result is a more meaningful measure .the net underwriting loss for 2002 through 2004 is primarily due to prior accident year loss development , including $ 2.6 billion of net asbestos reserve strengthening in 2003 .reserve estimates within other operations , including estimates for asbestos and environmental claims , are inherently uncertain .refer to the other operations segment md&a for further discussion of other operation's underwriting results .total property & casualty investment earnings . | 2004 | 2003 | 2002
investment yield after-tax | 4.1% ( 4.1 % ) | 4.2% ( 4.2 % ) | 4.5% ( 4.5 % )
net realized capital gains ( losses ) after-tax | $ 87 | $ 165 | $ -44 ( 44 ) the investment return , or yield , on property & casualty 2019s invested assets is an important element of the company 2019s earnings since insurance products are priced with the assumption that premiums received can be invested for a period of time before loss and loss adjustment expenses are paid .for longer tail lines , such as workers 2019 compensation and general liability , claims are paid over several years and , therefore , the premiums received for these lines of business can generate significant investment income .him determines the appropriate allocation of investments by asset class and measures the investment yield performance for each asset class against market indices or other benchmarks .due to the emphasis on preservation of capital and the need to maintain sufficient liquidity to satisfy claim obligations , the vast majority of property and casualty 2019s invested assets have been held in fixed maturities , including , among other asset classes , corporate bonds , municipal bonds , government debt , short-term debt , mortgage- .
Question: what is the net realized capital gain after tax in 2004?
| convfinqa2504 |
has decreased during the period from 2002 to 2004 , principally due to the increase in earned premium and due to cost containment measures undertaken by management .in business insurance and personal lines , the expense ratio is expected to decrease further in 2005 , largely as a result of expected increases in earned premium .in specialty commercial , the expense ratio is expected to increase slightly in 2005 due to changes in the business mix , most notably the company 2019s decision in the fourth quarter of 2004 to exit the multi-peril crop insurance program which will eliminate significant expense reimbursements from the specialty commercial segment .policyholder dividend ratio : the policyholder dividend ratio is the ratio of policyholder dividends to earned premium .combined ratio : the combined ratio is the sum of the loss and loss adjustment expense ratio , the expense ratio and the policyholder dividend ratio .this ratio is a relative measurement that describes the related cost of losses and expense for every $ 100 of earned premiums .a combined ratio below 100.0 demonstrates underwriting profit ; a combined ratio above 100.0 demonstrates underwriting losses .the combined ratio has decreased from 2003 to 2004 primarily because of improvement in the expense ratio .the combined ratio in 2005 could be significantly higher or lower than the 2004 combined ratio depending on the level of catastrophe losses , but will also be impacted by changes in pricing and an expected moderation in favorable loss cost trends .catastrophe ratio : the catastrophe ratio ( a component of the loss and loss adjustment expense ratio ) represents the ratio of catastrophe losses ( net of reinsurance ) to earned premiums .a catastrophe is an event that causes $ 25 or more in industry insured property losses and affects a significant number of property and casualty policyholders and insurers .by their nature , catastrophe losses vary dramatically from year to year .based on the mix and geographic dispersion of premium written and estimates derived from various catastrophe loss models , the company 2019s expected catastrophe ratio over the long-term is 3.0 points .before considering the reduction in ongoing operation 2019s catastrophe reserves related to september 11 of $ 298 in 2004 , the catastrophe ratio in 2004 was 5.3 points .see 201crisk management strategy 201d below for a discussion of the company 2019s property catastrophe risk management program that serves to mitigate the company 2019s net exposure to catastrophe losses .combined ratio before catastrophes and prior accident year development : the combined ratio before catastrophes and prior accident year development represents the combined ratio for the current accident year , excluding the impact of catastrophes .the company believes this ratio is an important measure of the trend in profitability since it removes the impact of volatile and unpredictable catastrophe losses and prior accident year reserve development .before considering catastrophes , the combined ratio related to current accident year business has improved from 2002 to 2004 principally due to earned pricing increases and favorable claim frequency .other operations underwriting results : the other operations segment is responsible for managing operations of the hartford that have discontinued writing new or renewal business as well as managing the claims related to asbestos and environmental exposures .as such , neither earned premiums nor underwriting ratios are meaningful financial measures .instead , management believes that underwriting result is a more meaningful measure .the net underwriting loss for 2002 through 2004 is primarily due to prior accident year loss development , including $ 2.6 billion of net asbestos reserve strengthening in 2003 .reserve estimates within other operations , including estimates for asbestos and environmental claims , are inherently uncertain .refer to the other operations segment md&a for further discussion of other operation's underwriting results .total property & casualty investment earnings . | 2004 | 2003 | 2002
investment yield after-tax | 4.1% ( 4.1 % ) | 4.2% ( 4.2 % ) | 4.5% ( 4.5 % )
net realized capital gains ( losses ) after-tax | $ 87 | $ 165 | $ -44 ( 44 ) the investment return , or yield , on property & casualty 2019s invested assets is an important element of the company 2019s earnings since insurance products are priced with the assumption that premiums received can be invested for a period of time before loss and loss adjustment expenses are paid .for longer tail lines , such as workers 2019 compensation and general liability , claims are paid over several years and , therefore , the premiums received for these lines of business can generate significant investment income .him determines the appropriate allocation of investments by asset class and measures the investment yield performance for each asset class against market indices or other benchmarks .due to the emphasis on preservation of capital and the need to maintain sufficient liquidity to satisfy claim obligations , the vast majority of property and casualty 2019s invested assets have been held in fixed maturities , including , among other asset classes , corporate bonds , municipal bonds , government debt , short-term debt , mortgage- .
Question: what is the net realized capital gain after tax in 2004?
Steps: Ask for number 87
Answer: 87.0
Question: what about in 2003?
| 165.0 | 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.
has decreased during the period from 2002 to 2004 , principally due to the increase in earned premium and due to cost containment measures undertaken by management .in business insurance and personal lines , the expense ratio is expected to decrease further in 2005 , largely as a result of expected increases in earned premium .in specialty commercial , the expense ratio is expected to increase slightly in 2005 due to changes in the business mix , most notably the company 2019s decision in the fourth quarter of 2004 to exit the multi-peril crop insurance program which will eliminate significant expense reimbursements from the specialty commercial segment .policyholder dividend ratio : the policyholder dividend ratio is the ratio of policyholder dividends to earned premium .combined ratio : the combined ratio is the sum of the loss and loss adjustment expense ratio , the expense ratio and the policyholder dividend ratio .this ratio is a relative measurement that describes the related cost of losses and expense for every $ 100 of earned premiums .a combined ratio below 100.0 demonstrates underwriting profit ; a combined ratio above 100.0 demonstrates underwriting losses .the combined ratio has decreased from 2003 to 2004 primarily because of improvement in the expense ratio .the combined ratio in 2005 could be significantly higher or lower than the 2004 combined ratio depending on the level of catastrophe losses , but will also be impacted by changes in pricing and an expected moderation in favorable loss cost trends .catastrophe ratio : the catastrophe ratio ( a component of the loss and loss adjustment expense ratio ) represents the ratio of catastrophe losses ( net of reinsurance ) to earned premiums .a catastrophe is an event that causes $ 25 or more in industry insured property losses and affects a significant number of property and casualty policyholders and insurers .by their nature , catastrophe losses vary dramatically from year to year .based on the mix and geographic dispersion of premium written and estimates derived from various catastrophe loss models , the company 2019s expected catastrophe ratio over the long-term is 3.0 points .before considering the reduction in ongoing operation 2019s catastrophe reserves related to september 11 of $ 298 in 2004 , the catastrophe ratio in 2004 was 5.3 points .see 201crisk management strategy 201d below for a discussion of the company 2019s property catastrophe risk management program that serves to mitigate the company 2019s net exposure to catastrophe losses .combined ratio before catastrophes and prior accident year development : the combined ratio before catastrophes and prior accident year development represents the combined ratio for the current accident year , excluding the impact of catastrophes .the company believes this ratio is an important measure of the trend in profitability since it removes the impact of volatile and unpredictable catastrophe losses and prior accident year reserve development .before considering catastrophes , the combined ratio related to current accident year business has improved from 2002 to 2004 principally due to earned pricing increases and favorable claim frequency .other operations underwriting results : the other operations segment is responsible for managing operations of the hartford that have discontinued writing new or renewal business as well as managing the claims related to asbestos and environmental exposures .as such , neither earned premiums nor underwriting ratios are meaningful financial measures .instead , management believes that underwriting result is a more meaningful measure .the net underwriting loss for 2002 through 2004 is primarily due to prior accident year loss development , including $ 2.6 billion of net asbestos reserve strengthening in 2003 .reserve estimates within other operations , including estimates for asbestos and environmental claims , are inherently uncertain .refer to the other operations segment md&a for further discussion of other operation's underwriting results .total property & casualty investment earnings . | 2004 | 2003 | 2002
investment yield after-tax | 4.1% ( 4.1 % ) | 4.2% ( 4.2 % ) | 4.5% ( 4.5 % )
net realized capital gains ( losses ) after-tax | $ 87 | $ 165 | $ -44 ( 44 ) the investment return , or yield , on property & casualty 2019s invested assets is an important element of the company 2019s earnings since insurance products are priced with the assumption that premiums received can be invested for a period of time before loss and loss adjustment expenses are paid .for longer tail lines , such as workers 2019 compensation and general liability , claims are paid over several years and , therefore , the premiums received for these lines of business can generate significant investment income .him determines the appropriate allocation of investments by asset class and measures the investment yield performance for each asset class against market indices or other benchmarks .due to the emphasis on preservation of capital and the need to maintain sufficient liquidity to satisfy claim obligations , the vast majority of property and casualty 2019s invested assets have been held in fixed maturities , including , among other asset classes , corporate bonds , municipal bonds , government debt , short-term debt , mortgage- .
Question: what is the net realized capital gain after tax in 2004?
Steps: Ask for number 87
Answer: 87.0
Question: what about in 2003?
| convfinqa2505 |
has decreased during the period from 2002 to 2004 , principally due to the increase in earned premium and due to cost containment measures undertaken by management .in business insurance and personal lines , the expense ratio is expected to decrease further in 2005 , largely as a result of expected increases in earned premium .in specialty commercial , the expense ratio is expected to increase slightly in 2005 due to changes in the business mix , most notably the company 2019s decision in the fourth quarter of 2004 to exit the multi-peril crop insurance program which will eliminate significant expense reimbursements from the specialty commercial segment .policyholder dividend ratio : the policyholder dividend ratio is the ratio of policyholder dividends to earned premium .combined ratio : the combined ratio is the sum of the loss and loss adjustment expense ratio , the expense ratio and the policyholder dividend ratio .this ratio is a relative measurement that describes the related cost of losses and expense for every $ 100 of earned premiums .a combined ratio below 100.0 demonstrates underwriting profit ; a combined ratio above 100.0 demonstrates underwriting losses .the combined ratio has decreased from 2003 to 2004 primarily because of improvement in the expense ratio .the combined ratio in 2005 could be significantly higher or lower than the 2004 combined ratio depending on the level of catastrophe losses , but will also be impacted by changes in pricing and an expected moderation in favorable loss cost trends .catastrophe ratio : the catastrophe ratio ( a component of the loss and loss adjustment expense ratio ) represents the ratio of catastrophe losses ( net of reinsurance ) to earned premiums .a catastrophe is an event that causes $ 25 or more in industry insured property losses and affects a significant number of property and casualty policyholders and insurers .by their nature , catastrophe losses vary dramatically from year to year .based on the mix and geographic dispersion of premium written and estimates derived from various catastrophe loss models , the company 2019s expected catastrophe ratio over the long-term is 3.0 points .before considering the reduction in ongoing operation 2019s catastrophe reserves related to september 11 of $ 298 in 2004 , the catastrophe ratio in 2004 was 5.3 points .see 201crisk management strategy 201d below for a discussion of the company 2019s property catastrophe risk management program that serves to mitigate the company 2019s net exposure to catastrophe losses .combined ratio before catastrophes and prior accident year development : the combined ratio before catastrophes and prior accident year development represents the combined ratio for the current accident year , excluding the impact of catastrophes .the company believes this ratio is an important measure of the trend in profitability since it removes the impact of volatile and unpredictable catastrophe losses and prior accident year reserve development .before considering catastrophes , the combined ratio related to current accident year business has improved from 2002 to 2004 principally due to earned pricing increases and favorable claim frequency .other operations underwriting results : the other operations segment is responsible for managing operations of the hartford that have discontinued writing new or renewal business as well as managing the claims related to asbestos and environmental exposures .as such , neither earned premiums nor underwriting ratios are meaningful financial measures .instead , management believes that underwriting result is a more meaningful measure .the net underwriting loss for 2002 through 2004 is primarily due to prior accident year loss development , including $ 2.6 billion of net asbestos reserve strengthening in 2003 .reserve estimates within other operations , including estimates for asbestos and environmental claims , are inherently uncertain .refer to the other operations segment md&a for further discussion of other operation's underwriting results .total property & casualty investment earnings . | 2004 | 2003 | 2002
investment yield after-tax | 4.1% ( 4.1 % ) | 4.2% ( 4.2 % ) | 4.5% ( 4.5 % )
net realized capital gains ( losses ) after-tax | $ 87 | $ 165 | $ -44 ( 44 ) the investment return , or yield , on property & casualty 2019s invested assets is an important element of the company 2019s earnings since insurance products are priced with the assumption that premiums received can be invested for a period of time before loss and loss adjustment expenses are paid .for longer tail lines , such as workers 2019 compensation and general liability , claims are paid over several years and , therefore , the premiums received for these lines of business can generate significant investment income .him determines the appropriate allocation of investments by asset class and measures the investment yield performance for each asset class against market indices or other benchmarks .due to the emphasis on preservation of capital and the need to maintain sufficient liquidity to satisfy claim obligations , the vast majority of property and casualty 2019s invested assets have been held in fixed maturities , including , among other asset classes , corporate bonds , municipal bonds , government debt , short-term debt , mortgage- .
Question: what is the net realized capital gain after tax in 2004?
Steps: Ask for number 87
Answer: 87.0
Question: what about in 2003?
Steps: Ask for number 165
Answer: 165.0
Question: what is the total gains for 2003 and 2004?
| 252.0 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
has decreased during the period from 2002 to 2004 , principally due to the increase in earned premium and due to cost containment measures undertaken by management .in business insurance and personal lines , the expense ratio is expected to decrease further in 2005 , largely as a result of expected increases in earned premium .in specialty commercial , the expense ratio is expected to increase slightly in 2005 due to changes in the business mix , most notably the company 2019s decision in the fourth quarter of 2004 to exit the multi-peril crop insurance program which will eliminate significant expense reimbursements from the specialty commercial segment .policyholder dividend ratio : the policyholder dividend ratio is the ratio of policyholder dividends to earned premium .combined ratio : the combined ratio is the sum of the loss and loss adjustment expense ratio , the expense ratio and the policyholder dividend ratio .this ratio is a relative measurement that describes the related cost of losses and expense for every $ 100 of earned premiums .a combined ratio below 100.0 demonstrates underwriting profit ; a combined ratio above 100.0 demonstrates underwriting losses .the combined ratio has decreased from 2003 to 2004 primarily because of improvement in the expense ratio .the combined ratio in 2005 could be significantly higher or lower than the 2004 combined ratio depending on the level of catastrophe losses , but will also be impacted by changes in pricing and an expected moderation in favorable loss cost trends .catastrophe ratio : the catastrophe ratio ( a component of the loss and loss adjustment expense ratio ) represents the ratio of catastrophe losses ( net of reinsurance ) to earned premiums .a catastrophe is an event that causes $ 25 or more in industry insured property losses and affects a significant number of property and casualty policyholders and insurers .by their nature , catastrophe losses vary dramatically from year to year .based on the mix and geographic dispersion of premium written and estimates derived from various catastrophe loss models , the company 2019s expected catastrophe ratio over the long-term is 3.0 points .before considering the reduction in ongoing operation 2019s catastrophe reserves related to september 11 of $ 298 in 2004 , the catastrophe ratio in 2004 was 5.3 points .see 201crisk management strategy 201d below for a discussion of the company 2019s property catastrophe risk management program that serves to mitigate the company 2019s net exposure to catastrophe losses .combined ratio before catastrophes and prior accident year development : the combined ratio before catastrophes and prior accident year development represents the combined ratio for the current accident year , excluding the impact of catastrophes .the company believes this ratio is an important measure of the trend in profitability since it removes the impact of volatile and unpredictable catastrophe losses and prior accident year reserve development .before considering catastrophes , the combined ratio related to current accident year business has improved from 2002 to 2004 principally due to earned pricing increases and favorable claim frequency .other operations underwriting results : the other operations segment is responsible for managing operations of the hartford that have discontinued writing new or renewal business as well as managing the claims related to asbestos and environmental exposures .as such , neither earned premiums nor underwriting ratios are meaningful financial measures .instead , management believes that underwriting result is a more meaningful measure .the net underwriting loss for 2002 through 2004 is primarily due to prior accident year loss development , including $ 2.6 billion of net asbestos reserve strengthening in 2003 .reserve estimates within other operations , including estimates for asbestos and environmental claims , are inherently uncertain .refer to the other operations segment md&a for further discussion of other operation's underwriting results .total property & casualty investment earnings . | 2004 | 2003 | 2002
investment yield after-tax | 4.1% ( 4.1 % ) | 4.2% ( 4.2 % ) | 4.5% ( 4.5 % )
net realized capital gains ( losses ) after-tax | $ 87 | $ 165 | $ -44 ( 44 ) the investment return , or yield , on property & casualty 2019s invested assets is an important element of the company 2019s earnings since insurance products are priced with the assumption that premiums received can be invested for a period of time before loss and loss adjustment expenses are paid .for longer tail lines , such as workers 2019 compensation and general liability , claims are paid over several years and , therefore , the premiums received for these lines of business can generate significant investment income .him determines the appropriate allocation of investments by asset class and measures the investment yield performance for each asset class against market indices or other benchmarks .due to the emphasis on preservation of capital and the need to maintain sufficient liquidity to satisfy claim obligations , the vast majority of property and casualty 2019s invested assets have been held in fixed maturities , including , among other asset classes , corporate bonds , municipal bonds , government debt , short-term debt , mortgage- .
Question: what is the net realized capital gain after tax in 2004?
Steps: Ask for number 87
Answer: 87.0
Question: what about in 2003?
Steps: Ask for number 165
Answer: 165.0
Question: what is the total gains for 2003 and 2004?
| convfinqa2506 |
has decreased during the period from 2002 to 2004 , principally due to the increase in earned premium and due to cost containment measures undertaken by management .in business insurance and personal lines , the expense ratio is expected to decrease further in 2005 , largely as a result of expected increases in earned premium .in specialty commercial , the expense ratio is expected to increase slightly in 2005 due to changes in the business mix , most notably the company 2019s decision in the fourth quarter of 2004 to exit the multi-peril crop insurance program which will eliminate significant expense reimbursements from the specialty commercial segment .policyholder dividend ratio : the policyholder dividend ratio is the ratio of policyholder dividends to earned premium .combined ratio : the combined ratio is the sum of the loss and loss adjustment expense ratio , the expense ratio and the policyholder dividend ratio .this ratio is a relative measurement that describes the related cost of losses and expense for every $ 100 of earned premiums .a combined ratio below 100.0 demonstrates underwriting profit ; a combined ratio above 100.0 demonstrates underwriting losses .the combined ratio has decreased from 2003 to 2004 primarily because of improvement in the expense ratio .the combined ratio in 2005 could be significantly higher or lower than the 2004 combined ratio depending on the level of catastrophe losses , but will also be impacted by changes in pricing and an expected moderation in favorable loss cost trends .catastrophe ratio : the catastrophe ratio ( a component of the loss and loss adjustment expense ratio ) represents the ratio of catastrophe losses ( net of reinsurance ) to earned premiums .a catastrophe is an event that causes $ 25 or more in industry insured property losses and affects a significant number of property and casualty policyholders and insurers .by their nature , catastrophe losses vary dramatically from year to year .based on the mix and geographic dispersion of premium written and estimates derived from various catastrophe loss models , the company 2019s expected catastrophe ratio over the long-term is 3.0 points .before considering the reduction in ongoing operation 2019s catastrophe reserves related to september 11 of $ 298 in 2004 , the catastrophe ratio in 2004 was 5.3 points .see 201crisk management strategy 201d below for a discussion of the company 2019s property catastrophe risk management program that serves to mitigate the company 2019s net exposure to catastrophe losses .combined ratio before catastrophes and prior accident year development : the combined ratio before catastrophes and prior accident year development represents the combined ratio for the current accident year , excluding the impact of catastrophes .the company believes this ratio is an important measure of the trend in profitability since it removes the impact of volatile and unpredictable catastrophe losses and prior accident year reserve development .before considering catastrophes , the combined ratio related to current accident year business has improved from 2002 to 2004 principally due to earned pricing increases and favorable claim frequency .other operations underwriting results : the other operations segment is responsible for managing operations of the hartford that have discontinued writing new or renewal business as well as managing the claims related to asbestos and environmental exposures .as such , neither earned premiums nor underwriting ratios are meaningful financial measures .instead , management believes that underwriting result is a more meaningful measure .the net underwriting loss for 2002 through 2004 is primarily due to prior accident year loss development , including $ 2.6 billion of net asbestos reserve strengthening in 2003 .reserve estimates within other operations , including estimates for asbestos and environmental claims , are inherently uncertain .refer to the other operations segment md&a for further discussion of other operation's underwriting results .total property & casualty investment earnings . | 2004 | 2003 | 2002
investment yield after-tax | 4.1% ( 4.1 % ) | 4.2% ( 4.2 % ) | 4.5% ( 4.5 % )
net realized capital gains ( losses ) after-tax | $ 87 | $ 165 | $ -44 ( 44 ) the investment return , or yield , on property & casualty 2019s invested assets is an important element of the company 2019s earnings since insurance products are priced with the assumption that premiums received can be invested for a period of time before loss and loss adjustment expenses are paid .for longer tail lines , such as workers 2019 compensation and general liability , claims are paid over several years and , therefore , the premiums received for these lines of business can generate significant investment income .him determines the appropriate allocation of investments by asset class and measures the investment yield performance for each asset class against market indices or other benchmarks .due to the emphasis on preservation of capital and the need to maintain sufficient liquidity to satisfy claim obligations , the vast majority of property and casualty 2019s invested assets have been held in fixed maturities , including , among other asset classes , corporate bonds , municipal bonds , government debt , short-term debt , mortgage- .
Question: what is the net realized capital gain after tax in 2004?
Steps: Ask for number 87
Answer: 87.0
Question: what about in 2003?
Steps: Ask for number 165
Answer: 165.0
Question: what is the total gains for 2003 and 2004?
Steps: add(87, 165)
Answer: 252.0
Question: what about if losses from 2002 are added?
| 208.0 | 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.
has decreased during the period from 2002 to 2004 , principally due to the increase in earned premium and due to cost containment measures undertaken by management .in business insurance and personal lines , the expense ratio is expected to decrease further in 2005 , largely as a result of expected increases in earned premium .in specialty commercial , the expense ratio is expected to increase slightly in 2005 due to changes in the business mix , most notably the company 2019s decision in the fourth quarter of 2004 to exit the multi-peril crop insurance program which will eliminate significant expense reimbursements from the specialty commercial segment .policyholder dividend ratio : the policyholder dividend ratio is the ratio of policyholder dividends to earned premium .combined ratio : the combined ratio is the sum of the loss and loss adjustment expense ratio , the expense ratio and the policyholder dividend ratio .this ratio is a relative measurement that describes the related cost of losses and expense for every $ 100 of earned premiums .a combined ratio below 100.0 demonstrates underwriting profit ; a combined ratio above 100.0 demonstrates underwriting losses .the combined ratio has decreased from 2003 to 2004 primarily because of improvement in the expense ratio .the combined ratio in 2005 could be significantly higher or lower than the 2004 combined ratio depending on the level of catastrophe losses , but will also be impacted by changes in pricing and an expected moderation in favorable loss cost trends .catastrophe ratio : the catastrophe ratio ( a component of the loss and loss adjustment expense ratio ) represents the ratio of catastrophe losses ( net of reinsurance ) to earned premiums .a catastrophe is an event that causes $ 25 or more in industry insured property losses and affects a significant number of property and casualty policyholders and insurers .by their nature , catastrophe losses vary dramatically from year to year .based on the mix and geographic dispersion of premium written and estimates derived from various catastrophe loss models , the company 2019s expected catastrophe ratio over the long-term is 3.0 points .before considering the reduction in ongoing operation 2019s catastrophe reserves related to september 11 of $ 298 in 2004 , the catastrophe ratio in 2004 was 5.3 points .see 201crisk management strategy 201d below for a discussion of the company 2019s property catastrophe risk management program that serves to mitigate the company 2019s net exposure to catastrophe losses .combined ratio before catastrophes and prior accident year development : the combined ratio before catastrophes and prior accident year development represents the combined ratio for the current accident year , excluding the impact of catastrophes .the company believes this ratio is an important measure of the trend in profitability since it removes the impact of volatile and unpredictable catastrophe losses and prior accident year reserve development .before considering catastrophes , the combined ratio related to current accident year business has improved from 2002 to 2004 principally due to earned pricing increases and favorable claim frequency .other operations underwriting results : the other operations segment is responsible for managing operations of the hartford that have discontinued writing new or renewal business as well as managing the claims related to asbestos and environmental exposures .as such , neither earned premiums nor underwriting ratios are meaningful financial measures .instead , management believes that underwriting result is a more meaningful measure .the net underwriting loss for 2002 through 2004 is primarily due to prior accident year loss development , including $ 2.6 billion of net asbestos reserve strengthening in 2003 .reserve estimates within other operations , including estimates for asbestos and environmental claims , are inherently uncertain .refer to the other operations segment md&a for further discussion of other operation's underwriting results .total property & casualty investment earnings . | 2004 | 2003 | 2002
investment yield after-tax | 4.1% ( 4.1 % ) | 4.2% ( 4.2 % ) | 4.5% ( 4.5 % )
net realized capital gains ( losses ) after-tax | $ 87 | $ 165 | $ -44 ( 44 ) the investment return , or yield , on property & casualty 2019s invested assets is an important element of the company 2019s earnings since insurance products are priced with the assumption that premiums received can be invested for a period of time before loss and loss adjustment expenses are paid .for longer tail lines , such as workers 2019 compensation and general liability , claims are paid over several years and , therefore , the premiums received for these lines of business can generate significant investment income .him determines the appropriate allocation of investments by asset class and measures the investment yield performance for each asset class against market indices or other benchmarks .due to the emphasis on preservation of capital and the need to maintain sufficient liquidity to satisfy claim obligations , the vast majority of property and casualty 2019s invested assets have been held in fixed maturities , including , among other asset classes , corporate bonds , municipal bonds , government debt , short-term debt , mortgage- .
Question: what is the net realized capital gain after tax in 2004?
Steps: Ask for number 87
Answer: 87.0
Question: what about in 2003?
Steps: Ask for number 165
Answer: 165.0
Question: what is the total gains for 2003 and 2004?
Steps: add(87, 165)
Answer: 252.0
Question: what about if losses from 2002 are added?
| convfinqa2507 |
has decreased during the period from 2002 to 2004 , principally due to the increase in earned premium and due to cost containment measures undertaken by management .in business insurance and personal lines , the expense ratio is expected to decrease further in 2005 , largely as a result of expected increases in earned premium .in specialty commercial , the expense ratio is expected to increase slightly in 2005 due to changes in the business mix , most notably the company 2019s decision in the fourth quarter of 2004 to exit the multi-peril crop insurance program which will eliminate significant expense reimbursements from the specialty commercial segment .policyholder dividend ratio : the policyholder dividend ratio is the ratio of policyholder dividends to earned premium .combined ratio : the combined ratio is the sum of the loss and loss adjustment expense ratio , the expense ratio and the policyholder dividend ratio .this ratio is a relative measurement that describes the related cost of losses and expense for every $ 100 of earned premiums .a combined ratio below 100.0 demonstrates underwriting profit ; a combined ratio above 100.0 demonstrates underwriting losses .the combined ratio has decreased from 2003 to 2004 primarily because of improvement in the expense ratio .the combined ratio in 2005 could be significantly higher or lower than the 2004 combined ratio depending on the level of catastrophe losses , but will also be impacted by changes in pricing and an expected moderation in favorable loss cost trends .catastrophe ratio : the catastrophe ratio ( a component of the loss and loss adjustment expense ratio ) represents the ratio of catastrophe losses ( net of reinsurance ) to earned premiums .a catastrophe is an event that causes $ 25 or more in industry insured property losses and affects a significant number of property and casualty policyholders and insurers .by their nature , catastrophe losses vary dramatically from year to year .based on the mix and geographic dispersion of premium written and estimates derived from various catastrophe loss models , the company 2019s expected catastrophe ratio over the long-term is 3.0 points .before considering the reduction in ongoing operation 2019s catastrophe reserves related to september 11 of $ 298 in 2004 , the catastrophe ratio in 2004 was 5.3 points .see 201crisk management strategy 201d below for a discussion of the company 2019s property catastrophe risk management program that serves to mitigate the company 2019s net exposure to catastrophe losses .combined ratio before catastrophes and prior accident year development : the combined ratio before catastrophes and prior accident year development represents the combined ratio for the current accident year , excluding the impact of catastrophes .the company believes this ratio is an important measure of the trend in profitability since it removes the impact of volatile and unpredictable catastrophe losses and prior accident year reserve development .before considering catastrophes , the combined ratio related to current accident year business has improved from 2002 to 2004 principally due to earned pricing increases and favorable claim frequency .other operations underwriting results : the other operations segment is responsible for managing operations of the hartford that have discontinued writing new or renewal business as well as managing the claims related to asbestos and environmental exposures .as such , neither earned premiums nor underwriting ratios are meaningful financial measures .instead , management believes that underwriting result is a more meaningful measure .the net underwriting loss for 2002 through 2004 is primarily due to prior accident year loss development , including $ 2.6 billion of net asbestos reserve strengthening in 2003 .reserve estimates within other operations , including estimates for asbestos and environmental claims , are inherently uncertain .refer to the other operations segment md&a for further discussion of other operation's underwriting results .total property & casualty investment earnings . | 2004 | 2003 | 2002
investment yield after-tax | 4.1% ( 4.1 % ) | 4.2% ( 4.2 % ) | 4.5% ( 4.5 % )
net realized capital gains ( losses ) after-tax | $ 87 | $ 165 | $ -44 ( 44 ) the investment return , or yield , on property & casualty 2019s invested assets is an important element of the company 2019s earnings since insurance products are priced with the assumption that premiums received can be invested for a period of time before loss and loss adjustment expenses are paid .for longer tail lines , such as workers 2019 compensation and general liability , claims are paid over several years and , therefore , the premiums received for these lines of business can generate significant investment income .him determines the appropriate allocation of investments by asset class and measures the investment yield performance for each asset class against market indices or other benchmarks .due to the emphasis on preservation of capital and the need to maintain sufficient liquidity to satisfy claim obligations , the vast majority of property and casualty 2019s invested assets have been held in fixed maturities , including , among other asset classes , corporate bonds , municipal bonds , government debt , short-term debt , mortgage- .
Question: what is the net realized capital gain after tax in 2004?
Steps: Ask for number 87
Answer: 87.0
Question: what about in 2003?
Steps: Ask for number 165
Answer: 165.0
Question: what is the total gains for 2003 and 2004?
Steps: add(87, 165)
Answer: 252.0
Question: what about if losses from 2002 are added?
Steps: subtract(#0, 44)
Answer: 208.0
Question: what is the total value of the initial investment?
| 2121.95122 | 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.
has decreased during the period from 2002 to 2004 , principally due to the increase in earned premium and due to cost containment measures undertaken by management .in business insurance and personal lines , the expense ratio is expected to decrease further in 2005 , largely as a result of expected increases in earned premium .in specialty commercial , the expense ratio is expected to increase slightly in 2005 due to changes in the business mix , most notably the company 2019s decision in the fourth quarter of 2004 to exit the multi-peril crop insurance program which will eliminate significant expense reimbursements from the specialty commercial segment .policyholder dividend ratio : the policyholder dividend ratio is the ratio of policyholder dividends to earned premium .combined ratio : the combined ratio is the sum of the loss and loss adjustment expense ratio , the expense ratio and the policyholder dividend ratio .this ratio is a relative measurement that describes the related cost of losses and expense for every $ 100 of earned premiums .a combined ratio below 100.0 demonstrates underwriting profit ; a combined ratio above 100.0 demonstrates underwriting losses .the combined ratio has decreased from 2003 to 2004 primarily because of improvement in the expense ratio .the combined ratio in 2005 could be significantly higher or lower than the 2004 combined ratio depending on the level of catastrophe losses , but will also be impacted by changes in pricing and an expected moderation in favorable loss cost trends .catastrophe ratio : the catastrophe ratio ( a component of the loss and loss adjustment expense ratio ) represents the ratio of catastrophe losses ( net of reinsurance ) to earned premiums .a catastrophe is an event that causes $ 25 or more in industry insured property losses and affects a significant number of property and casualty policyholders and insurers .by their nature , catastrophe losses vary dramatically from year to year .based on the mix and geographic dispersion of premium written and estimates derived from various catastrophe loss models , the company 2019s expected catastrophe ratio over the long-term is 3.0 points .before considering the reduction in ongoing operation 2019s catastrophe reserves related to september 11 of $ 298 in 2004 , the catastrophe ratio in 2004 was 5.3 points .see 201crisk management strategy 201d below for a discussion of the company 2019s property catastrophe risk management program that serves to mitigate the company 2019s net exposure to catastrophe losses .combined ratio before catastrophes and prior accident year development : the combined ratio before catastrophes and prior accident year development represents the combined ratio for the current accident year , excluding the impact of catastrophes .the company believes this ratio is an important measure of the trend in profitability since it removes the impact of volatile and unpredictable catastrophe losses and prior accident year reserve development .before considering catastrophes , the combined ratio related to current accident year business has improved from 2002 to 2004 principally due to earned pricing increases and favorable claim frequency .other operations underwriting results : the other operations segment is responsible for managing operations of the hartford that have discontinued writing new or renewal business as well as managing the claims related to asbestos and environmental exposures .as such , neither earned premiums nor underwriting ratios are meaningful financial measures .instead , management believes that underwriting result is a more meaningful measure .the net underwriting loss for 2002 through 2004 is primarily due to prior accident year loss development , including $ 2.6 billion of net asbestos reserve strengthening in 2003 .reserve estimates within other operations , including estimates for asbestos and environmental claims , are inherently uncertain .refer to the other operations segment md&a for further discussion of other operation's underwriting results .total property & casualty investment earnings . | 2004 | 2003 | 2002
investment yield after-tax | 4.1% ( 4.1 % ) | 4.2% ( 4.2 % ) | 4.5% ( 4.5 % )
net realized capital gains ( losses ) after-tax | $ 87 | $ 165 | $ -44 ( 44 ) the investment return , or yield , on property & casualty 2019s invested assets is an important element of the company 2019s earnings since insurance products are priced with the assumption that premiums received can be invested for a period of time before loss and loss adjustment expenses are paid .for longer tail lines , such as workers 2019 compensation and general liability , claims are paid over several years and , therefore , the premiums received for these lines of business can generate significant investment income .him determines the appropriate allocation of investments by asset class and measures the investment yield performance for each asset class against market indices or other benchmarks .due to the emphasis on preservation of capital and the need to maintain sufficient liquidity to satisfy claim obligations , the vast majority of property and casualty 2019s invested assets have been held in fixed maturities , including , among other asset classes , corporate bonds , municipal bonds , government debt , short-term debt , mortgage- .
Question: what is the net realized capital gain after tax in 2004?
Steps: Ask for number 87
Answer: 87.0
Question: what about in 2003?
Steps: Ask for number 165
Answer: 165.0
Question: what is the total gains for 2003 and 2004?
Steps: add(87, 165)
Answer: 252.0
Question: what about if losses from 2002 are added?
Steps: subtract(#0, 44)
Answer: 208.0
Question: what is the total value of the initial investment?
| convfinqa2508 |
2022 international .in general , our international markets are less advanced with respect to the current technologies deployed for wireless services .as a result , demand for our communications sites is driven by continued voice network investments , new market entrants and initial 3g data network deployments .for example , in india , nationwide voice networks continue to be deployed as wireless service providers are beginning their initial investments in 3g data networks , as a result of recent spectrum auctions .in mexico and brazil , where nationwide voice networks have been deployed , some incumbent wireless service providers continue to invest in their 3g data networks , and recent spectrum auctions have enabled other incumbent wireless service providers and new market entrants to begin their initial investments in 3g data networks .in markets such as chile and peru , recent spectrum auctions have attracted new market entrants , who are expected to begin their investment in deploying nationwide voice and 3g data networks .we believe demand for our tower sites will continue in our international markets as wireless service providers seek to remain competitive by increasing the coverage of their networks while also investing in next generation data networks .rental and management operations new site revenue growth .during the year ended december 31 , 2010 , we grew our portfolio of communications sites through acquisitions and construction activities , including the acquisition and construction of approximately 7800 sites .we continue to evaluate opportunities to acquire larger communications site portfolios , both domestically and internationally , that we believe we can effectively integrate into our existing portfolio. . new sites ( acquired or constructed ) | 2010 | 2009 | 2008
domestic | 947 | 528 | 160
international ( 1 ) | 6865 | 3022 | 801 ( 1 ) the majority of sites acquired or constructed internationally during 2010 and 2009 were in india and our newly launched operations in chile , colombia and peru .network development services segment revenue growth .as we continue to focus on growing our rental and management operations , we anticipate that our network development services revenue will continue to represent a small percentage of our total revenues .through our network development services segment , we offer tower-related services , including site acquisition , zoning and permitting services and structural analysis services , which primarily support our site leasing business and the addition of new tenants and equipment on our sites .rental and management operations expenses .our rental and management operations expenses include our direct site level expenses and consist primarily of ground rent , property taxes , repairs and maintenance and utilities .these segment level expenses exclude all segment and corporate level selling , general , administrative and development expenses , which are aggregated into one line item entitled selling , general , administrative and development expense .in general , our rental and management segment level selling , general and administrative expenses do not significantly increase as a result of adding incremental tenants to our legacy sites and typically increase only modestly year-over-year .as a result , leasing additional space to new tenants on our legacy sites provides significant incremental cash flow .in geographic areas where we have recently launched operations or are focused on materially expanding our site footprint , we may incur additional segment level selling , general and administrative expenses as we increase our presence in these areas .our profit margin growth is therefore positively impacted by the addition of new tenants to our legacy sites and can be temporarily diluted by our development activities .reit election .as we review our tax strategy and assess the utilization of our federal and state nols , we are actively considering an election to a reit for u.s .federal and , where applicable , state income tax purposes .we may make the determination to elect reit status for the taxable year beginning january 1 , 2012 , as early as the second half of 2011 , subject to the approval of our board of directors , although there is no certainty as to the timing of a reit election or whether we will make a reit election at all. .
Question: what was the value of new sites, acquired or constructed domestically in 2010?
| 947.0 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
2022 international .in general , our international markets are less advanced with respect to the current technologies deployed for wireless services .as a result , demand for our communications sites is driven by continued voice network investments , new market entrants and initial 3g data network deployments .for example , in india , nationwide voice networks continue to be deployed as wireless service providers are beginning their initial investments in 3g data networks , as a result of recent spectrum auctions .in mexico and brazil , where nationwide voice networks have been deployed , some incumbent wireless service providers continue to invest in their 3g data networks , and recent spectrum auctions have enabled other incumbent wireless service providers and new market entrants to begin their initial investments in 3g data networks .in markets such as chile and peru , recent spectrum auctions have attracted new market entrants , who are expected to begin their investment in deploying nationwide voice and 3g data networks .we believe demand for our tower sites will continue in our international markets as wireless service providers seek to remain competitive by increasing the coverage of their networks while also investing in next generation data networks .rental and management operations new site revenue growth .during the year ended december 31 , 2010 , we grew our portfolio of communications sites through acquisitions and construction activities , including the acquisition and construction of approximately 7800 sites .we continue to evaluate opportunities to acquire larger communications site portfolios , both domestically and internationally , that we believe we can effectively integrate into our existing portfolio. . new sites ( acquired or constructed ) | 2010 | 2009 | 2008
domestic | 947 | 528 | 160
international ( 1 ) | 6865 | 3022 | 801 ( 1 ) the majority of sites acquired or constructed internationally during 2010 and 2009 were in india and our newly launched operations in chile , colombia and peru .network development services segment revenue growth .as we continue to focus on growing our rental and management operations , we anticipate that our network development services revenue will continue to represent a small percentage of our total revenues .through our network development services segment , we offer tower-related services , including site acquisition , zoning and permitting services and structural analysis services , which primarily support our site leasing business and the addition of new tenants and equipment on our sites .rental and management operations expenses .our rental and management operations expenses include our direct site level expenses and consist primarily of ground rent , property taxes , repairs and maintenance and utilities .these segment level expenses exclude all segment and corporate level selling , general , administrative and development expenses , which are aggregated into one line item entitled selling , general , administrative and development expense .in general , our rental and management segment level selling , general and administrative expenses do not significantly increase as a result of adding incremental tenants to our legacy sites and typically increase only modestly year-over-year .as a result , leasing additional space to new tenants on our legacy sites provides significant incremental cash flow .in geographic areas where we have recently launched operations or are focused on materially expanding our site footprint , we may incur additional segment level selling , general and administrative expenses as we increase our presence in these areas .our profit margin growth is therefore positively impacted by the addition of new tenants to our legacy sites and can be temporarily diluted by our development activities .reit election .as we review our tax strategy and assess the utilization of our federal and state nols , we are actively considering an election to a reit for u.s .federal and , where applicable , state income tax purposes .we may make the determination to elect reit status for the taxable year beginning january 1 , 2012 , as early as the second half of 2011 , subject to the approval of our board of directors , although there is no certainty as to the timing of a reit election or whether we will make a reit election at all. .
Question: what was the value of new sites, acquired or constructed domestically in 2010?
| convfinqa2509 |
2022 international .in general , our international markets are less advanced with respect to the current technologies deployed for wireless services .as a result , demand for our communications sites is driven by continued voice network investments , new market entrants and initial 3g data network deployments .for example , in india , nationwide voice networks continue to be deployed as wireless service providers are beginning their initial investments in 3g data networks , as a result of recent spectrum auctions .in mexico and brazil , where nationwide voice networks have been deployed , some incumbent wireless service providers continue to invest in their 3g data networks , and recent spectrum auctions have enabled other incumbent wireless service providers and new market entrants to begin their initial investments in 3g data networks .in markets such as chile and peru , recent spectrum auctions have attracted new market entrants , who are expected to begin their investment in deploying nationwide voice and 3g data networks .we believe demand for our tower sites will continue in our international markets as wireless service providers seek to remain competitive by increasing the coverage of their networks while also investing in next generation data networks .rental and management operations new site revenue growth .during the year ended december 31 , 2010 , we grew our portfolio of communications sites through acquisitions and construction activities , including the acquisition and construction of approximately 7800 sites .we continue to evaluate opportunities to acquire larger communications site portfolios , both domestically and internationally , that we believe we can effectively integrate into our existing portfolio. . new sites ( acquired or constructed ) | 2010 | 2009 | 2008
domestic | 947 | 528 | 160
international ( 1 ) | 6865 | 3022 | 801 ( 1 ) the majority of sites acquired or constructed internationally during 2010 and 2009 were in india and our newly launched operations in chile , colombia and peru .network development services segment revenue growth .as we continue to focus on growing our rental and management operations , we anticipate that our network development services revenue will continue to represent a small percentage of our total revenues .through our network development services segment , we offer tower-related services , including site acquisition , zoning and permitting services and structural analysis services , which primarily support our site leasing business and the addition of new tenants and equipment on our sites .rental and management operations expenses .our rental and management operations expenses include our direct site level expenses and consist primarily of ground rent , property taxes , repairs and maintenance and utilities .these segment level expenses exclude all segment and corporate level selling , general , administrative and development expenses , which are aggregated into one line item entitled selling , general , administrative and development expense .in general , our rental and management segment level selling , general and administrative expenses do not significantly increase as a result of adding incremental tenants to our legacy sites and typically increase only modestly year-over-year .as a result , leasing additional space to new tenants on our legacy sites provides significant incremental cash flow .in geographic areas where we have recently launched operations or are focused on materially expanding our site footprint , we may incur additional segment level selling , general and administrative expenses as we increase our presence in these areas .our profit margin growth is therefore positively impacted by the addition of new tenants to our legacy sites and can be temporarily diluted by our development activities .reit election .as we review our tax strategy and assess the utilization of our federal and state nols , we are actively considering an election to a reit for u.s .federal and , where applicable , state income tax purposes .we may make the determination to elect reit status for the taxable year beginning january 1 , 2012 , as early as the second half of 2011 , subject to the approval of our board of directors , although there is no certainty as to the timing of a reit election or whether we will make a reit election at all. .
Question: what was the value of new sites, acquired or constructed domestically in 2010?
Steps: Ask for number 947
Answer: 947.0
Question: what was the value internationally?
| 6865.0 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
2022 international .in general , our international markets are less advanced with respect to the current technologies deployed for wireless services .as a result , demand for our communications sites is driven by continued voice network investments , new market entrants and initial 3g data network deployments .for example , in india , nationwide voice networks continue to be deployed as wireless service providers are beginning their initial investments in 3g data networks , as a result of recent spectrum auctions .in mexico and brazil , where nationwide voice networks have been deployed , some incumbent wireless service providers continue to invest in their 3g data networks , and recent spectrum auctions have enabled other incumbent wireless service providers and new market entrants to begin their initial investments in 3g data networks .in markets such as chile and peru , recent spectrum auctions have attracted new market entrants , who are expected to begin their investment in deploying nationwide voice and 3g data networks .we believe demand for our tower sites will continue in our international markets as wireless service providers seek to remain competitive by increasing the coverage of their networks while also investing in next generation data networks .rental and management operations new site revenue growth .during the year ended december 31 , 2010 , we grew our portfolio of communications sites through acquisitions and construction activities , including the acquisition and construction of approximately 7800 sites .we continue to evaluate opportunities to acquire larger communications site portfolios , both domestically and internationally , that we believe we can effectively integrate into our existing portfolio. . new sites ( acquired or constructed ) | 2010 | 2009 | 2008
domestic | 947 | 528 | 160
international ( 1 ) | 6865 | 3022 | 801 ( 1 ) the majority of sites acquired or constructed internationally during 2010 and 2009 were in india and our newly launched operations in chile , colombia and peru .network development services segment revenue growth .as we continue to focus on growing our rental and management operations , we anticipate that our network development services revenue will continue to represent a small percentage of our total revenues .through our network development services segment , we offer tower-related services , including site acquisition , zoning and permitting services and structural analysis services , which primarily support our site leasing business and the addition of new tenants and equipment on our sites .rental and management operations expenses .our rental and management operations expenses include our direct site level expenses and consist primarily of ground rent , property taxes , repairs and maintenance and utilities .these segment level expenses exclude all segment and corporate level selling , general , administrative and development expenses , which are aggregated into one line item entitled selling , general , administrative and development expense .in general , our rental and management segment level selling , general and administrative expenses do not significantly increase as a result of adding incremental tenants to our legacy sites and typically increase only modestly year-over-year .as a result , leasing additional space to new tenants on our legacy sites provides significant incremental cash flow .in geographic areas where we have recently launched operations or are focused on materially expanding our site footprint , we may incur additional segment level selling , general and administrative expenses as we increase our presence in these areas .our profit margin growth is therefore positively impacted by the addition of new tenants to our legacy sites and can be temporarily diluted by our development activities .reit election .as we review our tax strategy and assess the utilization of our federal and state nols , we are actively considering an election to a reit for u.s .federal and , where applicable , state income tax purposes .we may make the determination to elect reit status for the taxable year beginning january 1 , 2012 , as early as the second half of 2011 , subject to the approval of our board of directors , although there is no certainty as to the timing of a reit election or whether we will make a reit election at all. .
Question: what was the value of new sites, acquired or constructed domestically in 2010?
Steps: Ask for number 947
Answer: 947.0
Question: what was the value internationally?
| convfinqa2510 |
2022 international .in general , our international markets are less advanced with respect to the current technologies deployed for wireless services .as a result , demand for our communications sites is driven by continued voice network investments , new market entrants and initial 3g data network deployments .for example , in india , nationwide voice networks continue to be deployed as wireless service providers are beginning their initial investments in 3g data networks , as a result of recent spectrum auctions .in mexico and brazil , where nationwide voice networks have been deployed , some incumbent wireless service providers continue to invest in their 3g data networks , and recent spectrum auctions have enabled other incumbent wireless service providers and new market entrants to begin their initial investments in 3g data networks .in markets such as chile and peru , recent spectrum auctions have attracted new market entrants , who are expected to begin their investment in deploying nationwide voice and 3g data networks .we believe demand for our tower sites will continue in our international markets as wireless service providers seek to remain competitive by increasing the coverage of their networks while also investing in next generation data networks .rental and management operations new site revenue growth .during the year ended december 31 , 2010 , we grew our portfolio of communications sites through acquisitions and construction activities , including the acquisition and construction of approximately 7800 sites .we continue to evaluate opportunities to acquire larger communications site portfolios , both domestically and internationally , that we believe we can effectively integrate into our existing portfolio. . new sites ( acquired or constructed ) | 2010 | 2009 | 2008
domestic | 947 | 528 | 160
international ( 1 ) | 6865 | 3022 | 801 ( 1 ) the majority of sites acquired or constructed internationally during 2010 and 2009 were in india and our newly launched operations in chile , colombia and peru .network development services segment revenue growth .as we continue to focus on growing our rental and management operations , we anticipate that our network development services revenue will continue to represent a small percentage of our total revenues .through our network development services segment , we offer tower-related services , including site acquisition , zoning and permitting services and structural analysis services , which primarily support our site leasing business and the addition of new tenants and equipment on our sites .rental and management operations expenses .our rental and management operations expenses include our direct site level expenses and consist primarily of ground rent , property taxes , repairs and maintenance and utilities .these segment level expenses exclude all segment and corporate level selling , general , administrative and development expenses , which are aggregated into one line item entitled selling , general , administrative and development expense .in general , our rental and management segment level selling , general and administrative expenses do not significantly increase as a result of adding incremental tenants to our legacy sites and typically increase only modestly year-over-year .as a result , leasing additional space to new tenants on our legacy sites provides significant incremental cash flow .in geographic areas where we have recently launched operations or are focused on materially expanding our site footprint , we may incur additional segment level selling , general and administrative expenses as we increase our presence in these areas .our profit margin growth is therefore positively impacted by the addition of new tenants to our legacy sites and can be temporarily diluted by our development activities .reit election .as we review our tax strategy and assess the utilization of our federal and state nols , we are actively considering an election to a reit for u.s .federal and , where applicable , state income tax purposes .we may make the determination to elect reit status for the taxable year beginning january 1 , 2012 , as early as the second half of 2011 , subject to the approval of our board of directors , although there is no certainty as to the timing of a reit election or whether we will make a reit election at all. .
Question: what was the value of new sites, acquired or constructed domestically in 2010?
Steps: Ask for number 947
Answer: 947.0
Question: what was the value internationally?
Steps: Ask for number 6865
Answer: 6865.0
Question: what was the total value?
| 7812.0 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
2022 international .in general , our international markets are less advanced with respect to the current technologies deployed for wireless services .as a result , demand for our communications sites is driven by continued voice network investments , new market entrants and initial 3g data network deployments .for example , in india , nationwide voice networks continue to be deployed as wireless service providers are beginning their initial investments in 3g data networks , as a result of recent spectrum auctions .in mexico and brazil , where nationwide voice networks have been deployed , some incumbent wireless service providers continue to invest in their 3g data networks , and recent spectrum auctions have enabled other incumbent wireless service providers and new market entrants to begin their initial investments in 3g data networks .in markets such as chile and peru , recent spectrum auctions have attracted new market entrants , who are expected to begin their investment in deploying nationwide voice and 3g data networks .we believe demand for our tower sites will continue in our international markets as wireless service providers seek to remain competitive by increasing the coverage of their networks while also investing in next generation data networks .rental and management operations new site revenue growth .during the year ended december 31 , 2010 , we grew our portfolio of communications sites through acquisitions and construction activities , including the acquisition and construction of approximately 7800 sites .we continue to evaluate opportunities to acquire larger communications site portfolios , both domestically and internationally , that we believe we can effectively integrate into our existing portfolio. . new sites ( acquired or constructed ) | 2010 | 2009 | 2008
domestic | 947 | 528 | 160
international ( 1 ) | 6865 | 3022 | 801 ( 1 ) the majority of sites acquired or constructed internationally during 2010 and 2009 were in india and our newly launched operations in chile , colombia and peru .network development services segment revenue growth .as we continue to focus on growing our rental and management operations , we anticipate that our network development services revenue will continue to represent a small percentage of our total revenues .through our network development services segment , we offer tower-related services , including site acquisition , zoning and permitting services and structural analysis services , which primarily support our site leasing business and the addition of new tenants and equipment on our sites .rental and management operations expenses .our rental and management operations expenses include our direct site level expenses and consist primarily of ground rent , property taxes , repairs and maintenance and utilities .these segment level expenses exclude all segment and corporate level selling , general , administrative and development expenses , which are aggregated into one line item entitled selling , general , administrative and development expense .in general , our rental and management segment level selling , general and administrative expenses do not significantly increase as a result of adding incremental tenants to our legacy sites and typically increase only modestly year-over-year .as a result , leasing additional space to new tenants on our legacy sites provides significant incremental cash flow .in geographic areas where we have recently launched operations or are focused on materially expanding our site footprint , we may incur additional segment level selling , general and administrative expenses as we increase our presence in these areas .our profit margin growth is therefore positively impacted by the addition of new tenants to our legacy sites and can be temporarily diluted by our development activities .reit election .as we review our tax strategy and assess the utilization of our federal and state nols , we are actively considering an election to a reit for u.s .federal and , where applicable , state income tax purposes .we may make the determination to elect reit status for the taxable year beginning january 1 , 2012 , as early as the second half of 2011 , subject to the approval of our board of directors , although there is no certainty as to the timing of a reit election or whether we will make a reit election at all. .
Question: what was the value of new sites, acquired or constructed domestically in 2010?
Steps: Ask for number 947
Answer: 947.0
Question: what was the value internationally?
Steps: Ask for number 6865
Answer: 6865.0
Question: what was the total value?
| convfinqa2511 |
2022 international .in general , our international markets are less advanced with respect to the current technologies deployed for wireless services .as a result , demand for our communications sites is driven by continued voice network investments , new market entrants and initial 3g data network deployments .for example , in india , nationwide voice networks continue to be deployed as wireless service providers are beginning their initial investments in 3g data networks , as a result of recent spectrum auctions .in mexico and brazil , where nationwide voice networks have been deployed , some incumbent wireless service providers continue to invest in their 3g data networks , and recent spectrum auctions have enabled other incumbent wireless service providers and new market entrants to begin their initial investments in 3g data networks .in markets such as chile and peru , recent spectrum auctions have attracted new market entrants , who are expected to begin their investment in deploying nationwide voice and 3g data networks .we believe demand for our tower sites will continue in our international markets as wireless service providers seek to remain competitive by increasing the coverage of their networks while also investing in next generation data networks .rental and management operations new site revenue growth .during the year ended december 31 , 2010 , we grew our portfolio of communications sites through acquisitions and construction activities , including the acquisition and construction of approximately 7800 sites .we continue to evaluate opportunities to acquire larger communications site portfolios , both domestically and internationally , that we believe we can effectively integrate into our existing portfolio. . new sites ( acquired or constructed ) | 2010 | 2009 | 2008
domestic | 947 | 528 | 160
international ( 1 ) | 6865 | 3022 | 801 ( 1 ) the majority of sites acquired or constructed internationally during 2010 and 2009 were in india and our newly launched operations in chile , colombia and peru .network development services segment revenue growth .as we continue to focus on growing our rental and management operations , we anticipate that our network development services revenue will continue to represent a small percentage of our total revenues .through our network development services segment , we offer tower-related services , including site acquisition , zoning and permitting services and structural analysis services , which primarily support our site leasing business and the addition of new tenants and equipment on our sites .rental and management operations expenses .our rental and management operations expenses include our direct site level expenses and consist primarily of ground rent , property taxes , repairs and maintenance and utilities .these segment level expenses exclude all segment and corporate level selling , general , administrative and development expenses , which are aggregated into one line item entitled selling , general , administrative and development expense .in general , our rental and management segment level selling , general and administrative expenses do not significantly increase as a result of adding incremental tenants to our legacy sites and typically increase only modestly year-over-year .as a result , leasing additional space to new tenants on our legacy sites provides significant incremental cash flow .in geographic areas where we have recently launched operations or are focused on materially expanding our site footprint , we may incur additional segment level selling , general and administrative expenses as we increase our presence in these areas .our profit margin growth is therefore positively impacted by the addition of new tenants to our legacy sites and can be temporarily diluted by our development activities .reit election .as we review our tax strategy and assess the utilization of our federal and state nols , we are actively considering an election to a reit for u.s .federal and , where applicable , state income tax purposes .we may make the determination to elect reit status for the taxable year beginning january 1 , 2012 , as early as the second half of 2011 , subject to the approval of our board of directors , although there is no certainty as to the timing of a reit election or whether we will make a reit election at all. .
Question: what was the value of new sites, acquired or constructed domestically in 2010?
Steps: Ask for number 947
Answer: 947.0
Question: what was the value internationally?
Steps: Ask for number 6865
Answer: 6865.0
Question: what was the total value?
Steps: add(947, 6865)
Answer: 7812.0
Question: what is the share of international sites over the total value?
| 0.87878 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
2022 international .in general , our international markets are less advanced with respect to the current technologies deployed for wireless services .as a result , demand for our communications sites is driven by continued voice network investments , new market entrants and initial 3g data network deployments .for example , in india , nationwide voice networks continue to be deployed as wireless service providers are beginning their initial investments in 3g data networks , as a result of recent spectrum auctions .in mexico and brazil , where nationwide voice networks have been deployed , some incumbent wireless service providers continue to invest in their 3g data networks , and recent spectrum auctions have enabled other incumbent wireless service providers and new market entrants to begin their initial investments in 3g data networks .in markets such as chile and peru , recent spectrum auctions have attracted new market entrants , who are expected to begin their investment in deploying nationwide voice and 3g data networks .we believe demand for our tower sites will continue in our international markets as wireless service providers seek to remain competitive by increasing the coverage of their networks while also investing in next generation data networks .rental and management operations new site revenue growth .during the year ended december 31 , 2010 , we grew our portfolio of communications sites through acquisitions and construction activities , including the acquisition and construction of approximately 7800 sites .we continue to evaluate opportunities to acquire larger communications site portfolios , both domestically and internationally , that we believe we can effectively integrate into our existing portfolio. . new sites ( acquired or constructed ) | 2010 | 2009 | 2008
domestic | 947 | 528 | 160
international ( 1 ) | 6865 | 3022 | 801 ( 1 ) the majority of sites acquired or constructed internationally during 2010 and 2009 were in india and our newly launched operations in chile , colombia and peru .network development services segment revenue growth .as we continue to focus on growing our rental and management operations , we anticipate that our network development services revenue will continue to represent a small percentage of our total revenues .through our network development services segment , we offer tower-related services , including site acquisition , zoning and permitting services and structural analysis services , which primarily support our site leasing business and the addition of new tenants and equipment on our sites .rental and management operations expenses .our rental and management operations expenses include our direct site level expenses and consist primarily of ground rent , property taxes , repairs and maintenance and utilities .these segment level expenses exclude all segment and corporate level selling , general , administrative and development expenses , which are aggregated into one line item entitled selling , general , administrative and development expense .in general , our rental and management segment level selling , general and administrative expenses do not significantly increase as a result of adding incremental tenants to our legacy sites and typically increase only modestly year-over-year .as a result , leasing additional space to new tenants on our legacy sites provides significant incremental cash flow .in geographic areas where we have recently launched operations or are focused on materially expanding our site footprint , we may incur additional segment level selling , general and administrative expenses as we increase our presence in these areas .our profit margin growth is therefore positively impacted by the addition of new tenants to our legacy sites and can be temporarily diluted by our development activities .reit election .as we review our tax strategy and assess the utilization of our federal and state nols , we are actively considering an election to a reit for u.s .federal and , where applicable , state income tax purposes .we may make the determination to elect reit status for the taxable year beginning january 1 , 2012 , as early as the second half of 2011 , subject to the approval of our board of directors , although there is no certainty as to the timing of a reit election or whether we will make a reit election at all. .
Question: what was the value of new sites, acquired or constructed domestically in 2010?
Steps: Ask for number 947
Answer: 947.0
Question: what was the value internationally?
Steps: Ask for number 6865
Answer: 6865.0
Question: what was the total value?
Steps: add(947, 6865)
Answer: 7812.0
Question: what is the share of international sites over the total value?
| convfinqa2512 |
vertex pharmaceuticals incorporated notes to consolidated financial statements ( continued ) i .altus investment ( continued ) of the offering , held 450000 shares of redeemable preferred stock , which are not convertible into common stock and which are redeemable for $ 10.00 per share plus annual dividends of $ 0.50 per share , which have been accruing since the redeemable preferred stock was issued in 1999 , at vertex 2019s option on or after december 31 , 2010 , or by altus at any time .the company was restricted from trading altus securities for a period of six months following the initial public offering .when the altus securities trading restrictions expired , the company sold the 817749 shares of altus common stock for approximately $ 11.7 million , resulting in a realized gain of approximately $ 7.7 million in august 2006 .additionally when the restrictions expired , the company began accounting for the altus warrants as derivative instruments under the financial accounting standards board statement no .fas 133 , 201caccounting for derivative instruments and hedging activities 201d ( 201cfas 133 201d ) .in accordance with fas 133 , in the third quarter of 2006 , the company recorded the altus warrants on its consolidated balance sheet at a fair market value of $ 19.1 million and recorded an unrealized gain on the fair market value of the altus warrants of $ 4.3 million .in the fourth quarter of 2006 the company sold the altus warrants for approximately $ 18.3 million , resulting in a realized loss of $ 0.7 million .as a result of the company 2019s sales of altus common stock and altus warrrants in 2006 , the company recorded a realized gain on a sale of investment of $ 11.2 million .in accordance with the company 2019s policy , as outlined in note b , 201caccounting policies , 201d the company assessed its investment in altus , which it accounts for using the cost method , and determined that there had not been any adjustments to the fair values of that investment that would require the company to write down the investment basis of the asset , in 2005 and 2006 .the company 2019s cost basis carrying value in its outstanding equity and warrants of altus was $ 18.9 million at december 31 , 2005 .j .accrued expenses and other current liabilities accrued expenses and other current liabilities consist of the following at december 31 ( in thousands ) : k .commitments the company leases its facilities and certain equipment under non-cancelable operating leases .the company 2019s leases have terms through april 2018 .the term of the kendall square lease began january 1 , 2003 and lease payments commenced in may 2003 .the company had an obligation under the kendall square lease , staged through 2006 , to build-out the space into finished laboratory and office space .this lease will expire in 2018 , and the company has the option to extend the term for two consecutive terms of ten years each , ultimately expiring in 2038 .the company occupies and uses for its operations approximately 120000 square feet of the kendall square facility .the company has sublease arrangements in place for the remaining rentable square footage of the kendall square facility , with initial terms that expires in april 2011 and august 2012 .see note e , 201crestructuring 201d for further information. . | 2006 | 2005
research and development contract costs | $ 57761 | $ 20098
payroll and benefits | 25115 | 15832
professional fees | 3848 | 4816
other | 4635 | 1315
total | $ 91359 | $ 42061 research and development contract costs $ 57761 $ 20098 payroll and benefits 25115 15832 professional fees 3848 4816 4635 1315 $ 91359 $ 42061 .
Question: what was the total value of the stock the company sold in august 2006, in millions of dollars?
| 11.7 | 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.
vertex pharmaceuticals incorporated notes to consolidated financial statements ( continued ) i .altus investment ( continued ) of the offering , held 450000 shares of redeemable preferred stock , which are not convertible into common stock and which are redeemable for $ 10.00 per share plus annual dividends of $ 0.50 per share , which have been accruing since the redeemable preferred stock was issued in 1999 , at vertex 2019s option on or after december 31 , 2010 , or by altus at any time .the company was restricted from trading altus securities for a period of six months following the initial public offering .when the altus securities trading restrictions expired , the company sold the 817749 shares of altus common stock for approximately $ 11.7 million , resulting in a realized gain of approximately $ 7.7 million in august 2006 .additionally when the restrictions expired , the company began accounting for the altus warrants as derivative instruments under the financial accounting standards board statement no .fas 133 , 201caccounting for derivative instruments and hedging activities 201d ( 201cfas 133 201d ) .in accordance with fas 133 , in the third quarter of 2006 , the company recorded the altus warrants on its consolidated balance sheet at a fair market value of $ 19.1 million and recorded an unrealized gain on the fair market value of the altus warrants of $ 4.3 million .in the fourth quarter of 2006 the company sold the altus warrants for approximately $ 18.3 million , resulting in a realized loss of $ 0.7 million .as a result of the company 2019s sales of altus common stock and altus warrrants in 2006 , the company recorded a realized gain on a sale of investment of $ 11.2 million .in accordance with the company 2019s policy , as outlined in note b , 201caccounting policies , 201d the company assessed its investment in altus , which it accounts for using the cost method , and determined that there had not been any adjustments to the fair values of that investment that would require the company to write down the investment basis of the asset , in 2005 and 2006 .the company 2019s cost basis carrying value in its outstanding equity and warrants of altus was $ 18.9 million at december 31 , 2005 .j .accrued expenses and other current liabilities accrued expenses and other current liabilities consist of the following at december 31 ( in thousands ) : k .commitments the company leases its facilities and certain equipment under non-cancelable operating leases .the company 2019s leases have terms through april 2018 .the term of the kendall square lease began january 1 , 2003 and lease payments commenced in may 2003 .the company had an obligation under the kendall square lease , staged through 2006 , to build-out the space into finished laboratory and office space .this lease will expire in 2018 , and the company has the option to extend the term for two consecutive terms of ten years each , ultimately expiring in 2038 .the company occupies and uses for its operations approximately 120000 square feet of the kendall square facility .the company has sublease arrangements in place for the remaining rentable square footage of the kendall square facility , with initial terms that expires in april 2011 and august 2012 .see note e , 201crestructuring 201d for further information. . | 2006 | 2005
research and development contract costs | $ 57761 | $ 20098
payroll and benefits | 25115 | 15832
professional fees | 3848 | 4816
other | 4635 | 1315
total | $ 91359 | $ 42061 research and development contract costs $ 57761 $ 20098 payroll and benefits 25115 15832 professional fees 3848 4816 4635 1315 $ 91359 $ 42061 .
Question: what was the total value of the stock the company sold in august 2006, in millions of dollars?
| convfinqa2513 |
vertex pharmaceuticals incorporated notes to consolidated financial statements ( continued ) i .altus investment ( continued ) of the offering , held 450000 shares of redeemable preferred stock , which are not convertible into common stock and which are redeemable for $ 10.00 per share plus annual dividends of $ 0.50 per share , which have been accruing since the redeemable preferred stock was issued in 1999 , at vertex 2019s option on or after december 31 , 2010 , or by altus at any time .the company was restricted from trading altus securities for a period of six months following the initial public offering .when the altus securities trading restrictions expired , the company sold the 817749 shares of altus common stock for approximately $ 11.7 million , resulting in a realized gain of approximately $ 7.7 million in august 2006 .additionally when the restrictions expired , the company began accounting for the altus warrants as derivative instruments under the financial accounting standards board statement no .fas 133 , 201caccounting for derivative instruments and hedging activities 201d ( 201cfas 133 201d ) .in accordance with fas 133 , in the third quarter of 2006 , the company recorded the altus warrants on its consolidated balance sheet at a fair market value of $ 19.1 million and recorded an unrealized gain on the fair market value of the altus warrants of $ 4.3 million .in the fourth quarter of 2006 the company sold the altus warrants for approximately $ 18.3 million , resulting in a realized loss of $ 0.7 million .as a result of the company 2019s sales of altus common stock and altus warrrants in 2006 , the company recorded a realized gain on a sale of investment of $ 11.2 million .in accordance with the company 2019s policy , as outlined in note b , 201caccounting policies , 201d the company assessed its investment in altus , which it accounts for using the cost method , and determined that there had not been any adjustments to the fair values of that investment that would require the company to write down the investment basis of the asset , in 2005 and 2006 .the company 2019s cost basis carrying value in its outstanding equity and warrants of altus was $ 18.9 million at december 31 , 2005 .j .accrued expenses and other current liabilities accrued expenses and other current liabilities consist of the following at december 31 ( in thousands ) : k .commitments the company leases its facilities and certain equipment under non-cancelable operating leases .the company 2019s leases have terms through april 2018 .the term of the kendall square lease began january 1 , 2003 and lease payments commenced in may 2003 .the company had an obligation under the kendall square lease , staged through 2006 , to build-out the space into finished laboratory and office space .this lease will expire in 2018 , and the company has the option to extend the term for two consecutive terms of ten years each , ultimately expiring in 2038 .the company occupies and uses for its operations approximately 120000 square feet of the kendall square facility .the company has sublease arrangements in place for the remaining rentable square footage of the kendall square facility , with initial terms that expires in april 2011 and august 2012 .see note e , 201crestructuring 201d for further information. . | 2006 | 2005
research and development contract costs | $ 57761 | $ 20098
payroll and benefits | 25115 | 15832
professional fees | 3848 | 4816
other | 4635 | 1315
total | $ 91359 | $ 42061 research and development contract costs $ 57761 $ 20098 payroll and benefits 25115 15832 professional fees 3848 4816 4635 1315 $ 91359 $ 42061 .
Question: what was the total value of the stock the company sold in august 2006, in millions of dollars?
Steps: Ask for number 11.7
Answer: 11.7
Question: and how much is that, in dollars?
| 11700000.0 | 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.
vertex pharmaceuticals incorporated notes to consolidated financial statements ( continued ) i .altus investment ( continued ) of the offering , held 450000 shares of redeemable preferred stock , which are not convertible into common stock and which are redeemable for $ 10.00 per share plus annual dividends of $ 0.50 per share , which have been accruing since the redeemable preferred stock was issued in 1999 , at vertex 2019s option on or after december 31 , 2010 , or by altus at any time .the company was restricted from trading altus securities for a period of six months following the initial public offering .when the altus securities trading restrictions expired , the company sold the 817749 shares of altus common stock for approximately $ 11.7 million , resulting in a realized gain of approximately $ 7.7 million in august 2006 .additionally when the restrictions expired , the company began accounting for the altus warrants as derivative instruments under the financial accounting standards board statement no .fas 133 , 201caccounting for derivative instruments and hedging activities 201d ( 201cfas 133 201d ) .in accordance with fas 133 , in the third quarter of 2006 , the company recorded the altus warrants on its consolidated balance sheet at a fair market value of $ 19.1 million and recorded an unrealized gain on the fair market value of the altus warrants of $ 4.3 million .in the fourth quarter of 2006 the company sold the altus warrants for approximately $ 18.3 million , resulting in a realized loss of $ 0.7 million .as a result of the company 2019s sales of altus common stock and altus warrrants in 2006 , the company recorded a realized gain on a sale of investment of $ 11.2 million .in accordance with the company 2019s policy , as outlined in note b , 201caccounting policies , 201d the company assessed its investment in altus , which it accounts for using the cost method , and determined that there had not been any adjustments to the fair values of that investment that would require the company to write down the investment basis of the asset , in 2005 and 2006 .the company 2019s cost basis carrying value in its outstanding equity and warrants of altus was $ 18.9 million at december 31 , 2005 .j .accrued expenses and other current liabilities accrued expenses and other current liabilities consist of the following at december 31 ( in thousands ) : k .commitments the company leases its facilities and certain equipment under non-cancelable operating leases .the company 2019s leases have terms through april 2018 .the term of the kendall square lease began january 1 , 2003 and lease payments commenced in may 2003 .the company had an obligation under the kendall square lease , staged through 2006 , to build-out the space into finished laboratory and office space .this lease will expire in 2018 , and the company has the option to extend the term for two consecutive terms of ten years each , ultimately expiring in 2038 .the company occupies and uses for its operations approximately 120000 square feet of the kendall square facility .the company has sublease arrangements in place for the remaining rentable square footage of the kendall square facility , with initial terms that expires in april 2011 and august 2012 .see note e , 201crestructuring 201d for further information. . | 2006 | 2005
research and development contract costs | $ 57761 | $ 20098
payroll and benefits | 25115 | 15832
professional fees | 3848 | 4816
other | 4635 | 1315
total | $ 91359 | $ 42061 research and development contract costs $ 57761 $ 20098 payroll and benefits 25115 15832 professional fees 3848 4816 4635 1315 $ 91359 $ 42061 .
Question: what was the total value of the stock the company sold in august 2006, in millions of dollars?
Steps: Ask for number 11.7
Answer: 11.7
Question: and how much is that, in dollars?
| convfinqa2514 |
vertex pharmaceuticals incorporated notes to consolidated financial statements ( continued ) i .altus investment ( continued ) of the offering , held 450000 shares of redeemable preferred stock , which are not convertible into common stock and which are redeemable for $ 10.00 per share plus annual dividends of $ 0.50 per share , which have been accruing since the redeemable preferred stock was issued in 1999 , at vertex 2019s option on or after december 31 , 2010 , or by altus at any time .the company was restricted from trading altus securities for a period of six months following the initial public offering .when the altus securities trading restrictions expired , the company sold the 817749 shares of altus common stock for approximately $ 11.7 million , resulting in a realized gain of approximately $ 7.7 million in august 2006 .additionally when the restrictions expired , the company began accounting for the altus warrants as derivative instruments under the financial accounting standards board statement no .fas 133 , 201caccounting for derivative instruments and hedging activities 201d ( 201cfas 133 201d ) .in accordance with fas 133 , in the third quarter of 2006 , the company recorded the altus warrants on its consolidated balance sheet at a fair market value of $ 19.1 million and recorded an unrealized gain on the fair market value of the altus warrants of $ 4.3 million .in the fourth quarter of 2006 the company sold the altus warrants for approximately $ 18.3 million , resulting in a realized loss of $ 0.7 million .as a result of the company 2019s sales of altus common stock and altus warrrants in 2006 , the company recorded a realized gain on a sale of investment of $ 11.2 million .in accordance with the company 2019s policy , as outlined in note b , 201caccounting policies , 201d the company assessed its investment in altus , which it accounts for using the cost method , and determined that there had not been any adjustments to the fair values of that investment that would require the company to write down the investment basis of the asset , in 2005 and 2006 .the company 2019s cost basis carrying value in its outstanding equity and warrants of altus was $ 18.9 million at december 31 , 2005 .j .accrued expenses and other current liabilities accrued expenses and other current liabilities consist of the following at december 31 ( in thousands ) : k .commitments the company leases its facilities and certain equipment under non-cancelable operating leases .the company 2019s leases have terms through april 2018 .the term of the kendall square lease began january 1 , 2003 and lease payments commenced in may 2003 .the company had an obligation under the kendall square lease , staged through 2006 , to build-out the space into finished laboratory and office space .this lease will expire in 2018 , and the company has the option to extend the term for two consecutive terms of ten years each , ultimately expiring in 2038 .the company occupies and uses for its operations approximately 120000 square feet of the kendall square facility .the company has sublease arrangements in place for the remaining rentable square footage of the kendall square facility , with initial terms that expires in april 2011 and august 2012 .see note e , 201crestructuring 201d for further information. . | 2006 | 2005
research and development contract costs | $ 57761 | $ 20098
payroll and benefits | 25115 | 15832
professional fees | 3848 | 4816
other | 4635 | 1315
total | $ 91359 | $ 42061 research and development contract costs $ 57761 $ 20098 payroll and benefits 25115 15832 professional fees 3848 4816 4635 1315 $ 91359 $ 42061 .
Question: what was the total value of the stock the company sold in august 2006, in millions of dollars?
Steps: Ask for number 11.7
Answer: 11.7
Question: and how much is that, in dollars?
Steps: multiply(11.7, const_1000000)
Answer: 11700000.0
Question: considering the number of shares bought, what was then the average price paid for each one of them?
| 14.30757 | 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.
vertex pharmaceuticals incorporated notes to consolidated financial statements ( continued ) i .altus investment ( continued ) of the offering , held 450000 shares of redeemable preferred stock , which are not convertible into common stock and which are redeemable for $ 10.00 per share plus annual dividends of $ 0.50 per share , which have been accruing since the redeemable preferred stock was issued in 1999 , at vertex 2019s option on or after december 31 , 2010 , or by altus at any time .the company was restricted from trading altus securities for a period of six months following the initial public offering .when the altus securities trading restrictions expired , the company sold the 817749 shares of altus common stock for approximately $ 11.7 million , resulting in a realized gain of approximately $ 7.7 million in august 2006 .additionally when the restrictions expired , the company began accounting for the altus warrants as derivative instruments under the financial accounting standards board statement no .fas 133 , 201caccounting for derivative instruments and hedging activities 201d ( 201cfas 133 201d ) .in accordance with fas 133 , in the third quarter of 2006 , the company recorded the altus warrants on its consolidated balance sheet at a fair market value of $ 19.1 million and recorded an unrealized gain on the fair market value of the altus warrants of $ 4.3 million .in the fourth quarter of 2006 the company sold the altus warrants for approximately $ 18.3 million , resulting in a realized loss of $ 0.7 million .as a result of the company 2019s sales of altus common stock and altus warrrants in 2006 , the company recorded a realized gain on a sale of investment of $ 11.2 million .in accordance with the company 2019s policy , as outlined in note b , 201caccounting policies , 201d the company assessed its investment in altus , which it accounts for using the cost method , and determined that there had not been any adjustments to the fair values of that investment that would require the company to write down the investment basis of the asset , in 2005 and 2006 .the company 2019s cost basis carrying value in its outstanding equity and warrants of altus was $ 18.9 million at december 31 , 2005 .j .accrued expenses and other current liabilities accrued expenses and other current liabilities consist of the following at december 31 ( in thousands ) : k .commitments the company leases its facilities and certain equipment under non-cancelable operating leases .the company 2019s leases have terms through april 2018 .the term of the kendall square lease began january 1 , 2003 and lease payments commenced in may 2003 .the company had an obligation under the kendall square lease , staged through 2006 , to build-out the space into finished laboratory and office space .this lease will expire in 2018 , and the company has the option to extend the term for two consecutive terms of ten years each , ultimately expiring in 2038 .the company occupies and uses for its operations approximately 120000 square feet of the kendall square facility .the company has sublease arrangements in place for the remaining rentable square footage of the kendall square facility , with initial terms that expires in april 2011 and august 2012 .see note e , 201crestructuring 201d for further information. . | 2006 | 2005
research and development contract costs | $ 57761 | $ 20098
payroll and benefits | 25115 | 15832
professional fees | 3848 | 4816
other | 4635 | 1315
total | $ 91359 | $ 42061 research and development contract costs $ 57761 $ 20098 payroll and benefits 25115 15832 professional fees 3848 4816 4635 1315 $ 91359 $ 42061 .
Question: what was the total value of the stock the company sold in august 2006, in millions of dollars?
Steps: Ask for number 11.7
Answer: 11.7
Question: and how much is that, in dollars?
Steps: multiply(11.7, const_1000000)
Answer: 11700000.0
Question: considering the number of shares bought, what was then the average price paid for each one of them?
| convfinqa2515 |
the weighted average grant date fair value of performance-based restricted stock units granted during the years 2008 and 2007 was $ 84.33 and $ 71.72 , respectively .the total fair value of performance-based restricted stock units vested during 2009 , 2008 and 2007 was $ 33712 , $ 49387 and $ 9181 , respectively .at september 30 , 2009 , the weighted average remaining vesting term of performance-based restricted stock units is 1.28 years .time-vested restricted stock units time-vested restricted stock units generally cliff vest three years after the date of grant , except for certain key executives of the company , including the executive officers , for which such units generally vest one year following the employee 2019s retirement .the related share-based compensation expense is recorded over the requisite service period , which is the vesting period or in the case of certain key executives is based on retirement eligibility .the fair value of all time-vested restricted stock units is based on the market value of the company 2019s stock on the date of grant .a summary of time-vested restricted stock units outstanding as of september 30 , 2009 , and changes during the year then ended is as follows : weighted average grant date fair value . | stock units | weighted average grant date fair value
balance at october 1 | 1570329 | $ 69.35
granted | 618679 | 62.96
distributed | -316839 ( 316839 ) | 60.32
forfeited or canceled | -165211 ( 165211 ) | 62.58
balance at september 30 | 1706958 | $ 69.36
expected to vest at september 30 | 1536262 | $ 69.36 the weighted average grant date fair value of time-vested restricted stock units granted during the years 2008 and 2007 was $ 84.42 and $ 72.20 , respectively .the total fair value of time-vested restricted stock units vested during 2009 , 2008 and 2007 was $ 29535 , $ 26674 and $ 3392 , respectively .at september 30 , 2009 , the weighted average remaining vesting term of the time-vested restricted stock units is 1.71 years .the amount of unrecognized compensation expense for all non-vested share-based awards as of september 30 , 2009 , is approximately $ 97034 , which is expected to be recognized over a weighted-average remaining life of approximately 2.02 years .at september 30 , 2009 , 4295402 shares were authorized for future grants under the 2004 plan .the company has a policy of satisfying share-based payments through either open market purchases or shares held in treasury .at september 30 , 2009 , the company has sufficient shares held in treasury to satisfy these payments in 2010 .other stock plans the company has a stock award plan , which allows for grants of common shares to certain key employees .distribution of 25% ( 25 % ) or more of each award is deferred until after retirement or involuntary termination , upon which the deferred portion of the award is distributable in five equal annual installments .the balance of the award is distributable over five years from the grant date , subject to certain conditions .in february 2004 , this plan was terminated with respect to future grants upon the adoption of the 2004 plan .at september 30 , 2009 and 2008 , awards for 114197 and 161145 shares , respectively , were outstanding .becton , dickinson and company notes to consolidated financial statements 2014 ( continued ) .
Question: what is the sum of the total fair value of time-vested restricted stock units vested in 2008 and 2009?
| 56209.0 | 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 weighted average grant date fair value of performance-based restricted stock units granted during the years 2008 and 2007 was $ 84.33 and $ 71.72 , respectively .the total fair value of performance-based restricted stock units vested during 2009 , 2008 and 2007 was $ 33712 , $ 49387 and $ 9181 , respectively .at september 30 , 2009 , the weighted average remaining vesting term of performance-based restricted stock units is 1.28 years .time-vested restricted stock units time-vested restricted stock units generally cliff vest three years after the date of grant , except for certain key executives of the company , including the executive officers , for which such units generally vest one year following the employee 2019s retirement .the related share-based compensation expense is recorded over the requisite service period , which is the vesting period or in the case of certain key executives is based on retirement eligibility .the fair value of all time-vested restricted stock units is based on the market value of the company 2019s stock on the date of grant .a summary of time-vested restricted stock units outstanding as of september 30 , 2009 , and changes during the year then ended is as follows : weighted average grant date fair value . | stock units | weighted average grant date fair value
balance at october 1 | 1570329 | $ 69.35
granted | 618679 | 62.96
distributed | -316839 ( 316839 ) | 60.32
forfeited or canceled | -165211 ( 165211 ) | 62.58
balance at september 30 | 1706958 | $ 69.36
expected to vest at september 30 | 1536262 | $ 69.36 the weighted average grant date fair value of time-vested restricted stock units granted during the years 2008 and 2007 was $ 84.42 and $ 72.20 , respectively .the total fair value of time-vested restricted stock units vested during 2009 , 2008 and 2007 was $ 29535 , $ 26674 and $ 3392 , respectively .at september 30 , 2009 , the weighted average remaining vesting term of the time-vested restricted stock units is 1.71 years .the amount of unrecognized compensation expense for all non-vested share-based awards as of september 30 , 2009 , is approximately $ 97034 , which is expected to be recognized over a weighted-average remaining life of approximately 2.02 years .at september 30 , 2009 , 4295402 shares were authorized for future grants under the 2004 plan .the company has a policy of satisfying share-based payments through either open market purchases or shares held in treasury .at september 30 , 2009 , the company has sufficient shares held in treasury to satisfy these payments in 2010 .other stock plans the company has a stock award plan , which allows for grants of common shares to certain key employees .distribution of 25% ( 25 % ) or more of each award is deferred until after retirement or involuntary termination , upon which the deferred portion of the award is distributable in five equal annual installments .the balance of the award is distributable over five years from the grant date , subject to certain conditions .in february 2004 , this plan was terminated with respect to future grants upon the adoption of the 2004 plan .at september 30 , 2009 and 2008 , awards for 114197 and 161145 shares , respectively , were outstanding .becton , dickinson and company notes to consolidated financial statements 2014 ( continued ) .
Question: what is the sum of the total fair value of time-vested restricted stock units vested in 2008 and 2009?
| convfinqa2516 |
the weighted average grant date fair value of performance-based restricted stock units granted during the years 2008 and 2007 was $ 84.33 and $ 71.72 , respectively .the total fair value of performance-based restricted stock units vested during 2009 , 2008 and 2007 was $ 33712 , $ 49387 and $ 9181 , respectively .at september 30 , 2009 , the weighted average remaining vesting term of performance-based restricted stock units is 1.28 years .time-vested restricted stock units time-vested restricted stock units generally cliff vest three years after the date of grant , except for certain key executives of the company , including the executive officers , for which such units generally vest one year following the employee 2019s retirement .the related share-based compensation expense is recorded over the requisite service period , which is the vesting period or in the case of certain key executives is based on retirement eligibility .the fair value of all time-vested restricted stock units is based on the market value of the company 2019s stock on the date of grant .a summary of time-vested restricted stock units outstanding as of september 30 , 2009 , and changes during the year then ended is as follows : weighted average grant date fair value . | stock units | weighted average grant date fair value
balance at october 1 | 1570329 | $ 69.35
granted | 618679 | 62.96
distributed | -316839 ( 316839 ) | 60.32
forfeited or canceled | -165211 ( 165211 ) | 62.58
balance at september 30 | 1706958 | $ 69.36
expected to vest at september 30 | 1536262 | $ 69.36 the weighted average grant date fair value of time-vested restricted stock units granted during the years 2008 and 2007 was $ 84.42 and $ 72.20 , respectively .the total fair value of time-vested restricted stock units vested during 2009 , 2008 and 2007 was $ 29535 , $ 26674 and $ 3392 , respectively .at september 30 , 2009 , the weighted average remaining vesting term of the time-vested restricted stock units is 1.71 years .the amount of unrecognized compensation expense for all non-vested share-based awards as of september 30 , 2009 , is approximately $ 97034 , which is expected to be recognized over a weighted-average remaining life of approximately 2.02 years .at september 30 , 2009 , 4295402 shares were authorized for future grants under the 2004 plan .the company has a policy of satisfying share-based payments through either open market purchases or shares held in treasury .at september 30 , 2009 , the company has sufficient shares held in treasury to satisfy these payments in 2010 .other stock plans the company has a stock award plan , which allows for grants of common shares to certain key employees .distribution of 25% ( 25 % ) or more of each award is deferred until after retirement or involuntary termination , upon which the deferred portion of the award is distributable in five equal annual installments .the balance of the award is distributable over five years from the grant date , subject to certain conditions .in february 2004 , this plan was terminated with respect to future grants upon the adoption of the 2004 plan .at september 30 , 2009 and 2008 , awards for 114197 and 161145 shares , respectively , were outstanding .becton , dickinson and company notes to consolidated financial statements 2014 ( continued ) .
Question: what is the sum of the total fair value of time-vested restricted stock units vested in 2008 and 2009?
Steps: add(29535, 26674)
Answer: 56209.0
Question: what was the number for 2007?
| 3392.0 | 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 weighted average grant date fair value of performance-based restricted stock units granted during the years 2008 and 2007 was $ 84.33 and $ 71.72 , respectively .the total fair value of performance-based restricted stock units vested during 2009 , 2008 and 2007 was $ 33712 , $ 49387 and $ 9181 , respectively .at september 30 , 2009 , the weighted average remaining vesting term of performance-based restricted stock units is 1.28 years .time-vested restricted stock units time-vested restricted stock units generally cliff vest three years after the date of grant , except for certain key executives of the company , including the executive officers , for which such units generally vest one year following the employee 2019s retirement .the related share-based compensation expense is recorded over the requisite service period , which is the vesting period or in the case of certain key executives is based on retirement eligibility .the fair value of all time-vested restricted stock units is based on the market value of the company 2019s stock on the date of grant .a summary of time-vested restricted stock units outstanding as of september 30 , 2009 , and changes during the year then ended is as follows : weighted average grant date fair value . | stock units | weighted average grant date fair value
balance at october 1 | 1570329 | $ 69.35
granted | 618679 | 62.96
distributed | -316839 ( 316839 ) | 60.32
forfeited or canceled | -165211 ( 165211 ) | 62.58
balance at september 30 | 1706958 | $ 69.36
expected to vest at september 30 | 1536262 | $ 69.36 the weighted average grant date fair value of time-vested restricted stock units granted during the years 2008 and 2007 was $ 84.42 and $ 72.20 , respectively .the total fair value of time-vested restricted stock units vested during 2009 , 2008 and 2007 was $ 29535 , $ 26674 and $ 3392 , respectively .at september 30 , 2009 , the weighted average remaining vesting term of the time-vested restricted stock units is 1.71 years .the amount of unrecognized compensation expense for all non-vested share-based awards as of september 30 , 2009 , is approximately $ 97034 , which is expected to be recognized over a weighted-average remaining life of approximately 2.02 years .at september 30 , 2009 , 4295402 shares were authorized for future grants under the 2004 plan .the company has a policy of satisfying share-based payments through either open market purchases or shares held in treasury .at september 30 , 2009 , the company has sufficient shares held in treasury to satisfy these payments in 2010 .other stock plans the company has a stock award plan , which allows for grants of common shares to certain key employees .distribution of 25% ( 25 % ) or more of each award is deferred until after retirement or involuntary termination , upon which the deferred portion of the award is distributable in five equal annual installments .the balance of the award is distributable over five years from the grant date , subject to certain conditions .in february 2004 , this plan was terminated with respect to future grants upon the adoption of the 2004 plan .at september 30 , 2009 and 2008 , awards for 114197 and 161145 shares , respectively , were outstanding .becton , dickinson and company notes to consolidated financial statements 2014 ( continued ) .
Question: what is the sum of the total fair value of time-vested restricted stock units vested in 2008 and 2009?
Steps: add(29535, 26674)
Answer: 56209.0
Question: what was the number for 2007?
| convfinqa2517 |
the weighted average grant date fair value of performance-based restricted stock units granted during the years 2008 and 2007 was $ 84.33 and $ 71.72 , respectively .the total fair value of performance-based restricted stock units vested during 2009 , 2008 and 2007 was $ 33712 , $ 49387 and $ 9181 , respectively .at september 30 , 2009 , the weighted average remaining vesting term of performance-based restricted stock units is 1.28 years .time-vested restricted stock units time-vested restricted stock units generally cliff vest three years after the date of grant , except for certain key executives of the company , including the executive officers , for which such units generally vest one year following the employee 2019s retirement .the related share-based compensation expense is recorded over the requisite service period , which is the vesting period or in the case of certain key executives is based on retirement eligibility .the fair value of all time-vested restricted stock units is based on the market value of the company 2019s stock on the date of grant .a summary of time-vested restricted stock units outstanding as of september 30 , 2009 , and changes during the year then ended is as follows : weighted average grant date fair value . | stock units | weighted average grant date fair value
balance at october 1 | 1570329 | $ 69.35
granted | 618679 | 62.96
distributed | -316839 ( 316839 ) | 60.32
forfeited or canceled | -165211 ( 165211 ) | 62.58
balance at september 30 | 1706958 | $ 69.36
expected to vest at september 30 | 1536262 | $ 69.36 the weighted average grant date fair value of time-vested restricted stock units granted during the years 2008 and 2007 was $ 84.42 and $ 72.20 , respectively .the total fair value of time-vested restricted stock units vested during 2009 , 2008 and 2007 was $ 29535 , $ 26674 and $ 3392 , respectively .at september 30 , 2009 , the weighted average remaining vesting term of the time-vested restricted stock units is 1.71 years .the amount of unrecognized compensation expense for all non-vested share-based awards as of september 30 , 2009 , is approximately $ 97034 , which is expected to be recognized over a weighted-average remaining life of approximately 2.02 years .at september 30 , 2009 , 4295402 shares were authorized for future grants under the 2004 plan .the company has a policy of satisfying share-based payments through either open market purchases or shares held in treasury .at september 30 , 2009 , the company has sufficient shares held in treasury to satisfy these payments in 2010 .other stock plans the company has a stock award plan , which allows for grants of common shares to certain key employees .distribution of 25% ( 25 % ) or more of each award is deferred until after retirement or involuntary termination , upon which the deferred portion of the award is distributable in five equal annual installments .the balance of the award is distributable over five years from the grant date , subject to certain conditions .in february 2004 , this plan was terminated with respect to future grants upon the adoption of the 2004 plan .at september 30 , 2009 and 2008 , awards for 114197 and 161145 shares , respectively , were outstanding .becton , dickinson and company notes to consolidated financial statements 2014 ( continued ) .
Question: what is the sum of the total fair value of time-vested restricted stock units vested in 2008 and 2009?
Steps: add(29535, 26674)
Answer: 56209.0
Question: what was the number for 2007?
Steps: Ask for number 3392
Answer: 3392.0
Question: what is the total including 2007?
| 59601.0 | 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 weighted average grant date fair value of performance-based restricted stock units granted during the years 2008 and 2007 was $ 84.33 and $ 71.72 , respectively .the total fair value of performance-based restricted stock units vested during 2009 , 2008 and 2007 was $ 33712 , $ 49387 and $ 9181 , respectively .at september 30 , 2009 , the weighted average remaining vesting term of performance-based restricted stock units is 1.28 years .time-vested restricted stock units time-vested restricted stock units generally cliff vest three years after the date of grant , except for certain key executives of the company , including the executive officers , for which such units generally vest one year following the employee 2019s retirement .the related share-based compensation expense is recorded over the requisite service period , which is the vesting period or in the case of certain key executives is based on retirement eligibility .the fair value of all time-vested restricted stock units is based on the market value of the company 2019s stock on the date of grant .a summary of time-vested restricted stock units outstanding as of september 30 , 2009 , and changes during the year then ended is as follows : weighted average grant date fair value . | stock units | weighted average grant date fair value
balance at october 1 | 1570329 | $ 69.35
granted | 618679 | 62.96
distributed | -316839 ( 316839 ) | 60.32
forfeited or canceled | -165211 ( 165211 ) | 62.58
balance at september 30 | 1706958 | $ 69.36
expected to vest at september 30 | 1536262 | $ 69.36 the weighted average grant date fair value of time-vested restricted stock units granted during the years 2008 and 2007 was $ 84.42 and $ 72.20 , respectively .the total fair value of time-vested restricted stock units vested during 2009 , 2008 and 2007 was $ 29535 , $ 26674 and $ 3392 , respectively .at september 30 , 2009 , the weighted average remaining vesting term of the time-vested restricted stock units is 1.71 years .the amount of unrecognized compensation expense for all non-vested share-based awards as of september 30 , 2009 , is approximately $ 97034 , which is expected to be recognized over a weighted-average remaining life of approximately 2.02 years .at september 30 , 2009 , 4295402 shares were authorized for future grants under the 2004 plan .the company has a policy of satisfying share-based payments through either open market purchases or shares held in treasury .at september 30 , 2009 , the company has sufficient shares held in treasury to satisfy these payments in 2010 .other stock plans the company has a stock award plan , which allows for grants of common shares to certain key employees .distribution of 25% ( 25 % ) or more of each award is deferred until after retirement or involuntary termination , upon which the deferred portion of the award is distributable in five equal annual installments .the balance of the award is distributable over five years from the grant date , subject to certain conditions .in february 2004 , this plan was terminated with respect to future grants upon the adoption of the 2004 plan .at september 30 , 2009 and 2008 , awards for 114197 and 161145 shares , respectively , were outstanding .becton , dickinson and company notes to consolidated financial statements 2014 ( continued ) .
Question: what is the sum of the total fair value of time-vested restricted stock units vested in 2008 and 2009?
Steps: add(29535, 26674)
Answer: 56209.0
Question: what was the number for 2007?
Steps: Ask for number 3392
Answer: 3392.0
Question: what is the total including 2007?
| convfinqa2518 |
the weighted average grant date fair value of performance-based restricted stock units granted during the years 2008 and 2007 was $ 84.33 and $ 71.72 , respectively .the total fair value of performance-based restricted stock units vested during 2009 , 2008 and 2007 was $ 33712 , $ 49387 and $ 9181 , respectively .at september 30 , 2009 , the weighted average remaining vesting term of performance-based restricted stock units is 1.28 years .time-vested restricted stock units time-vested restricted stock units generally cliff vest three years after the date of grant , except for certain key executives of the company , including the executive officers , for which such units generally vest one year following the employee 2019s retirement .the related share-based compensation expense is recorded over the requisite service period , which is the vesting period or in the case of certain key executives is based on retirement eligibility .the fair value of all time-vested restricted stock units is based on the market value of the company 2019s stock on the date of grant .a summary of time-vested restricted stock units outstanding as of september 30 , 2009 , and changes during the year then ended is as follows : weighted average grant date fair value . | stock units | weighted average grant date fair value
balance at october 1 | 1570329 | $ 69.35
granted | 618679 | 62.96
distributed | -316839 ( 316839 ) | 60.32
forfeited or canceled | -165211 ( 165211 ) | 62.58
balance at september 30 | 1706958 | $ 69.36
expected to vest at september 30 | 1536262 | $ 69.36 the weighted average grant date fair value of time-vested restricted stock units granted during the years 2008 and 2007 was $ 84.42 and $ 72.20 , respectively .the total fair value of time-vested restricted stock units vested during 2009 , 2008 and 2007 was $ 29535 , $ 26674 and $ 3392 , respectively .at september 30 , 2009 , the weighted average remaining vesting term of the time-vested restricted stock units is 1.71 years .the amount of unrecognized compensation expense for all non-vested share-based awards as of september 30 , 2009 , is approximately $ 97034 , which is expected to be recognized over a weighted-average remaining life of approximately 2.02 years .at september 30 , 2009 , 4295402 shares were authorized for future grants under the 2004 plan .the company has a policy of satisfying share-based payments through either open market purchases or shares held in treasury .at september 30 , 2009 , the company has sufficient shares held in treasury to satisfy these payments in 2010 .other stock plans the company has a stock award plan , which allows for grants of common shares to certain key employees .distribution of 25% ( 25 % ) or more of each award is deferred until after retirement or involuntary termination , upon which the deferred portion of the award is distributable in five equal annual installments .the balance of the award is distributable over five years from the grant date , subject to certain conditions .in february 2004 , this plan was terminated with respect to future grants upon the adoption of the 2004 plan .at september 30 , 2009 and 2008 , awards for 114197 and 161145 shares , respectively , were outstanding .becton , dickinson and company notes to consolidated financial statements 2014 ( continued ) .
Question: what is the sum of the total fair value of time-vested restricted stock units vested in 2008 and 2009?
Steps: add(29535, 26674)
Answer: 56209.0
Question: what was the number for 2007?
Steps: Ask for number 3392
Answer: 3392.0
Question: what is the total including 2007?
Steps: add(A0, 3392)
Answer: 59601.0
Question: what is the average per year?
| 19867.0 | 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 weighted average grant date fair value of performance-based restricted stock units granted during the years 2008 and 2007 was $ 84.33 and $ 71.72 , respectively .the total fair value of performance-based restricted stock units vested during 2009 , 2008 and 2007 was $ 33712 , $ 49387 and $ 9181 , respectively .at september 30 , 2009 , the weighted average remaining vesting term of performance-based restricted stock units is 1.28 years .time-vested restricted stock units time-vested restricted stock units generally cliff vest three years after the date of grant , except for certain key executives of the company , including the executive officers , for which such units generally vest one year following the employee 2019s retirement .the related share-based compensation expense is recorded over the requisite service period , which is the vesting period or in the case of certain key executives is based on retirement eligibility .the fair value of all time-vested restricted stock units is based on the market value of the company 2019s stock on the date of grant .a summary of time-vested restricted stock units outstanding as of september 30 , 2009 , and changes during the year then ended is as follows : weighted average grant date fair value . | stock units | weighted average grant date fair value
balance at october 1 | 1570329 | $ 69.35
granted | 618679 | 62.96
distributed | -316839 ( 316839 ) | 60.32
forfeited or canceled | -165211 ( 165211 ) | 62.58
balance at september 30 | 1706958 | $ 69.36
expected to vest at september 30 | 1536262 | $ 69.36 the weighted average grant date fair value of time-vested restricted stock units granted during the years 2008 and 2007 was $ 84.42 and $ 72.20 , respectively .the total fair value of time-vested restricted stock units vested during 2009 , 2008 and 2007 was $ 29535 , $ 26674 and $ 3392 , respectively .at september 30 , 2009 , the weighted average remaining vesting term of the time-vested restricted stock units is 1.71 years .the amount of unrecognized compensation expense for all non-vested share-based awards as of september 30 , 2009 , is approximately $ 97034 , which is expected to be recognized over a weighted-average remaining life of approximately 2.02 years .at september 30 , 2009 , 4295402 shares were authorized for future grants under the 2004 plan .the company has a policy of satisfying share-based payments through either open market purchases or shares held in treasury .at september 30 , 2009 , the company has sufficient shares held in treasury to satisfy these payments in 2010 .other stock plans the company has a stock award plan , which allows for grants of common shares to certain key employees .distribution of 25% ( 25 % ) or more of each award is deferred until after retirement or involuntary termination , upon which the deferred portion of the award is distributable in five equal annual installments .the balance of the award is distributable over five years from the grant date , subject to certain conditions .in february 2004 , this plan was terminated with respect to future grants upon the adoption of the 2004 plan .at september 30 , 2009 and 2008 , awards for 114197 and 161145 shares , respectively , were outstanding .becton , dickinson and company notes to consolidated financial statements 2014 ( continued ) .
Question: what is the sum of the total fair value of time-vested restricted stock units vested in 2008 and 2009?
Steps: add(29535, 26674)
Answer: 56209.0
Question: what was the number for 2007?
Steps: Ask for number 3392
Answer: 3392.0
Question: what is the total including 2007?
Steps: add(A0, 3392)
Answer: 59601.0
Question: what is the average per year?
| convfinqa2519 |
notes to consolidated financial statements 2014 ( continued ) the following table summarizes the changes in non-vested restricted stock awards for the year ended may 31 , 2009 ( share awards in thousands ) : share awards weighted average grant-date fair value . | share awards | weighted average grant-date fair value
non-vested at may 31 2007 | 278 | $ 37
granted | 400 | 38
vested | -136 ( 136 ) | 30
forfeited | -24 ( 24 ) | 40
non-vested at may 31 2008 | 518 | 39
granted | 430 | 43
vested | -159 ( 159 ) | 39
forfeited | -27 ( 27 ) | 41
non-vested at may 31 2009 | 762 | 42 the weighted average grant-date fair value of share awards granted in the years ended may 31 , 2008 and 2007 was $ 38 and $ 45 , respectively .the total fair value of share awards vested during the years ended may 31 , 2009 , 2008 and 2007 was $ 6.2 million , $ 4.1 million and $ 1.7 million , respectively .we recognized compensation expense for restricted stock of $ 9.0 million , $ 5.7 million , and $ 2.7 million in the years ended may 31 , 2009 , 2008 and 2007 .as of may 31 , 2009 , there was $ 23.5 million of total unrecognized compensation cost related to unvested restricted stock awards that is expected to be recognized over a weighted average period of 2.9 years .employee stock purchase plan we have an employee stock purchase plan under which the sale of 2.4 million shares of our common stock has been authorized .employees may designate up to the lesser of $ 25000 or 20% ( 20 % ) of their annual compensation for the purchase of stock .the price for shares purchased under the plan is 85% ( 85 % ) of the market value on the last day of the quarterly purchase period .as of may 31 , 2009 , 0.8 million shares had been issued under this plan , with 1.6 million shares reserved for future issuance .the weighted average grant-date fair value of each designated share purchased under this plan was $ 6 , $ 6 and $ 8 in the years ended may 31 , 2009 , 2008 and 2007 , respectively .these values represent the fair value of the 15% ( 15 % ) discount .note 12 2014segment information general information during fiscal 2009 , we began assessing our operating performance using a new segment structure .we made this change as a result of our june 30 , 2008 acquisition of 51% ( 51 % ) of hsbc merchant services llp in the united kingdom , in addition to anticipated future international expansion .beginning with the quarter ended august 31 , 2008 , the reportable segments are defined as north america merchant services , international merchant services , and money transfer .the following tables reflect these changes and such reportable segments for fiscal years 2009 , 2008 , and 2007. .
Question: what was the fair value of share awards vested in 2009?
| 6.2 | 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.
notes to consolidated financial statements 2014 ( continued ) the following table summarizes the changes in non-vested restricted stock awards for the year ended may 31 , 2009 ( share awards in thousands ) : share awards weighted average grant-date fair value . | share awards | weighted average grant-date fair value
non-vested at may 31 2007 | 278 | $ 37
granted | 400 | 38
vested | -136 ( 136 ) | 30
forfeited | -24 ( 24 ) | 40
non-vested at may 31 2008 | 518 | 39
granted | 430 | 43
vested | -159 ( 159 ) | 39
forfeited | -27 ( 27 ) | 41
non-vested at may 31 2009 | 762 | 42 the weighted average grant-date fair value of share awards granted in the years ended may 31 , 2008 and 2007 was $ 38 and $ 45 , respectively .the total fair value of share awards vested during the years ended may 31 , 2009 , 2008 and 2007 was $ 6.2 million , $ 4.1 million and $ 1.7 million , respectively .we recognized compensation expense for restricted stock of $ 9.0 million , $ 5.7 million , and $ 2.7 million in the years ended may 31 , 2009 , 2008 and 2007 .as of may 31 , 2009 , there was $ 23.5 million of total unrecognized compensation cost related to unvested restricted stock awards that is expected to be recognized over a weighted average period of 2.9 years .employee stock purchase plan we have an employee stock purchase plan under which the sale of 2.4 million shares of our common stock has been authorized .employees may designate up to the lesser of $ 25000 or 20% ( 20 % ) of their annual compensation for the purchase of stock .the price for shares purchased under the plan is 85% ( 85 % ) of the market value on the last day of the quarterly purchase period .as of may 31 , 2009 , 0.8 million shares had been issued under this plan , with 1.6 million shares reserved for future issuance .the weighted average grant-date fair value of each designated share purchased under this plan was $ 6 , $ 6 and $ 8 in the years ended may 31 , 2009 , 2008 and 2007 , respectively .these values represent the fair value of the 15% ( 15 % ) discount .note 12 2014segment information general information during fiscal 2009 , we began assessing our operating performance using a new segment structure .we made this change as a result of our june 30 , 2008 acquisition of 51% ( 51 % ) of hsbc merchant services llp in the united kingdom , in addition to anticipated future international expansion .beginning with the quarter ended august 31 , 2008 , the reportable segments are defined as north america merchant services , international merchant services , and money transfer .the following tables reflect these changes and such reportable segments for fiscal years 2009 , 2008 , and 2007. .
Question: what was the fair value of share awards vested in 2009?
| convfinqa2520 |
notes to consolidated financial statements 2014 ( continued ) the following table summarizes the changes in non-vested restricted stock awards for the year ended may 31 , 2009 ( share awards in thousands ) : share awards weighted average grant-date fair value . | share awards | weighted average grant-date fair value
non-vested at may 31 2007 | 278 | $ 37
granted | 400 | 38
vested | -136 ( 136 ) | 30
forfeited | -24 ( 24 ) | 40
non-vested at may 31 2008 | 518 | 39
granted | 430 | 43
vested | -159 ( 159 ) | 39
forfeited | -27 ( 27 ) | 41
non-vested at may 31 2009 | 762 | 42 the weighted average grant-date fair value of share awards granted in the years ended may 31 , 2008 and 2007 was $ 38 and $ 45 , respectively .the total fair value of share awards vested during the years ended may 31 , 2009 , 2008 and 2007 was $ 6.2 million , $ 4.1 million and $ 1.7 million , respectively .we recognized compensation expense for restricted stock of $ 9.0 million , $ 5.7 million , and $ 2.7 million in the years ended may 31 , 2009 , 2008 and 2007 .as of may 31 , 2009 , there was $ 23.5 million of total unrecognized compensation cost related to unvested restricted stock awards that is expected to be recognized over a weighted average period of 2.9 years .employee stock purchase plan we have an employee stock purchase plan under which the sale of 2.4 million shares of our common stock has been authorized .employees may designate up to the lesser of $ 25000 or 20% ( 20 % ) of their annual compensation for the purchase of stock .the price for shares purchased under the plan is 85% ( 85 % ) of the market value on the last day of the quarterly purchase period .as of may 31 , 2009 , 0.8 million shares had been issued under this plan , with 1.6 million shares reserved for future issuance .the weighted average grant-date fair value of each designated share purchased under this plan was $ 6 , $ 6 and $ 8 in the years ended may 31 , 2009 , 2008 and 2007 , respectively .these values represent the fair value of the 15% ( 15 % ) discount .note 12 2014segment information general information during fiscal 2009 , we began assessing our operating performance using a new segment structure .we made this change as a result of our june 30 , 2008 acquisition of 51% ( 51 % ) of hsbc merchant services llp in the united kingdom , in addition to anticipated future international expansion .beginning with the quarter ended august 31 , 2008 , the reportable segments are defined as north america merchant services , international merchant services , and money transfer .the following tables reflect these changes and such reportable segments for fiscal years 2009 , 2008 , and 2007. .
Question: what was the fair value of share awards vested in 2009?
Steps: Ask for number 6.2
Answer: 6.2
Question: what was the value in 2007?
| 1.7 | 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.
notes to consolidated financial statements 2014 ( continued ) the following table summarizes the changes in non-vested restricted stock awards for the year ended may 31 , 2009 ( share awards in thousands ) : share awards weighted average grant-date fair value . | share awards | weighted average grant-date fair value
non-vested at may 31 2007 | 278 | $ 37
granted | 400 | 38
vested | -136 ( 136 ) | 30
forfeited | -24 ( 24 ) | 40
non-vested at may 31 2008 | 518 | 39
granted | 430 | 43
vested | -159 ( 159 ) | 39
forfeited | -27 ( 27 ) | 41
non-vested at may 31 2009 | 762 | 42 the weighted average grant-date fair value of share awards granted in the years ended may 31 , 2008 and 2007 was $ 38 and $ 45 , respectively .the total fair value of share awards vested during the years ended may 31 , 2009 , 2008 and 2007 was $ 6.2 million , $ 4.1 million and $ 1.7 million , respectively .we recognized compensation expense for restricted stock of $ 9.0 million , $ 5.7 million , and $ 2.7 million in the years ended may 31 , 2009 , 2008 and 2007 .as of may 31 , 2009 , there was $ 23.5 million of total unrecognized compensation cost related to unvested restricted stock awards that is expected to be recognized over a weighted average period of 2.9 years .employee stock purchase plan we have an employee stock purchase plan under which the sale of 2.4 million shares of our common stock has been authorized .employees may designate up to the lesser of $ 25000 or 20% ( 20 % ) of their annual compensation for the purchase of stock .the price for shares purchased under the plan is 85% ( 85 % ) of the market value on the last day of the quarterly purchase period .as of may 31 , 2009 , 0.8 million shares had been issued under this plan , with 1.6 million shares reserved for future issuance .the weighted average grant-date fair value of each designated share purchased under this plan was $ 6 , $ 6 and $ 8 in the years ended may 31 , 2009 , 2008 and 2007 , respectively .these values represent the fair value of the 15% ( 15 % ) discount .note 12 2014segment information general information during fiscal 2009 , we began assessing our operating performance using a new segment structure .we made this change as a result of our june 30 , 2008 acquisition of 51% ( 51 % ) of hsbc merchant services llp in the united kingdom , in addition to anticipated future international expansion .beginning with the quarter ended august 31 , 2008 , the reportable segments are defined as north america merchant services , international merchant services , and money transfer .the following tables reflect these changes and such reportable segments for fiscal years 2009 , 2008 , and 2007. .
Question: what was the fair value of share awards vested in 2009?
Steps: Ask for number 6.2
Answer: 6.2
Question: what was the value in 2007?
| convfinqa2521 |
notes to consolidated financial statements 2014 ( continued ) the following table summarizes the changes in non-vested restricted stock awards for the year ended may 31 , 2009 ( share awards in thousands ) : share awards weighted average grant-date fair value . | share awards | weighted average grant-date fair value
non-vested at may 31 2007 | 278 | $ 37
granted | 400 | 38
vested | -136 ( 136 ) | 30
forfeited | -24 ( 24 ) | 40
non-vested at may 31 2008 | 518 | 39
granted | 430 | 43
vested | -159 ( 159 ) | 39
forfeited | -27 ( 27 ) | 41
non-vested at may 31 2009 | 762 | 42 the weighted average grant-date fair value of share awards granted in the years ended may 31 , 2008 and 2007 was $ 38 and $ 45 , respectively .the total fair value of share awards vested during the years ended may 31 , 2009 , 2008 and 2007 was $ 6.2 million , $ 4.1 million and $ 1.7 million , respectively .we recognized compensation expense for restricted stock of $ 9.0 million , $ 5.7 million , and $ 2.7 million in the years ended may 31 , 2009 , 2008 and 2007 .as of may 31 , 2009 , there was $ 23.5 million of total unrecognized compensation cost related to unvested restricted stock awards that is expected to be recognized over a weighted average period of 2.9 years .employee stock purchase plan we have an employee stock purchase plan under which the sale of 2.4 million shares of our common stock has been authorized .employees may designate up to the lesser of $ 25000 or 20% ( 20 % ) of their annual compensation for the purchase of stock .the price for shares purchased under the plan is 85% ( 85 % ) of the market value on the last day of the quarterly purchase period .as of may 31 , 2009 , 0.8 million shares had been issued under this plan , with 1.6 million shares reserved for future issuance .the weighted average grant-date fair value of each designated share purchased under this plan was $ 6 , $ 6 and $ 8 in the years ended may 31 , 2009 , 2008 and 2007 , respectively .these values represent the fair value of the 15% ( 15 % ) discount .note 12 2014segment information general information during fiscal 2009 , we began assessing our operating performance using a new segment structure .we made this change as a result of our june 30 , 2008 acquisition of 51% ( 51 % ) of hsbc merchant services llp in the united kingdom , in addition to anticipated future international expansion .beginning with the quarter ended august 31 , 2008 , the reportable segments are defined as north america merchant services , international merchant services , and money transfer .the following tables reflect these changes and such reportable segments for fiscal years 2009 , 2008 , and 2007. .
Question: what was the fair value of share awards vested in 2009?
Steps: Ask for number 6.2
Answer: 6.2
Question: what was the value in 2007?
Steps: Ask for number 1.7
Answer: 1.7
Question: what was the net change in value?
| 4.5 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
notes to consolidated financial statements 2014 ( continued ) the following table summarizes the changes in non-vested restricted stock awards for the year ended may 31 , 2009 ( share awards in thousands ) : share awards weighted average grant-date fair value . | share awards | weighted average grant-date fair value
non-vested at may 31 2007 | 278 | $ 37
granted | 400 | 38
vested | -136 ( 136 ) | 30
forfeited | -24 ( 24 ) | 40
non-vested at may 31 2008 | 518 | 39
granted | 430 | 43
vested | -159 ( 159 ) | 39
forfeited | -27 ( 27 ) | 41
non-vested at may 31 2009 | 762 | 42 the weighted average grant-date fair value of share awards granted in the years ended may 31 , 2008 and 2007 was $ 38 and $ 45 , respectively .the total fair value of share awards vested during the years ended may 31 , 2009 , 2008 and 2007 was $ 6.2 million , $ 4.1 million and $ 1.7 million , respectively .we recognized compensation expense for restricted stock of $ 9.0 million , $ 5.7 million , and $ 2.7 million in the years ended may 31 , 2009 , 2008 and 2007 .as of may 31 , 2009 , there was $ 23.5 million of total unrecognized compensation cost related to unvested restricted stock awards that is expected to be recognized over a weighted average period of 2.9 years .employee stock purchase plan we have an employee stock purchase plan under which the sale of 2.4 million shares of our common stock has been authorized .employees may designate up to the lesser of $ 25000 or 20% ( 20 % ) of their annual compensation for the purchase of stock .the price for shares purchased under the plan is 85% ( 85 % ) of the market value on the last day of the quarterly purchase period .as of may 31 , 2009 , 0.8 million shares had been issued under this plan , with 1.6 million shares reserved for future issuance .the weighted average grant-date fair value of each designated share purchased under this plan was $ 6 , $ 6 and $ 8 in the years ended may 31 , 2009 , 2008 and 2007 , respectively .these values represent the fair value of the 15% ( 15 % ) discount .note 12 2014segment information general information during fiscal 2009 , we began assessing our operating performance using a new segment structure .we made this change as a result of our june 30 , 2008 acquisition of 51% ( 51 % ) of hsbc merchant services llp in the united kingdom , in addition to anticipated future international expansion .beginning with the quarter ended august 31 , 2008 , the reportable segments are defined as north america merchant services , international merchant services , and money transfer .the following tables reflect these changes and such reportable segments for fiscal years 2009 , 2008 , and 2007. .
Question: what was the fair value of share awards vested in 2009?
Steps: Ask for number 6.2
Answer: 6.2
Question: what was the value in 2007?
Steps: Ask for number 1.7
Answer: 1.7
Question: what was the net change in value?
| convfinqa2522 |
notes to consolidated financial statements 2014 ( continued ) the following table summarizes the changes in non-vested restricted stock awards for the year ended may 31 , 2009 ( share awards in thousands ) : share awards weighted average grant-date fair value . | share awards | weighted average grant-date fair value
non-vested at may 31 2007 | 278 | $ 37
granted | 400 | 38
vested | -136 ( 136 ) | 30
forfeited | -24 ( 24 ) | 40
non-vested at may 31 2008 | 518 | 39
granted | 430 | 43
vested | -159 ( 159 ) | 39
forfeited | -27 ( 27 ) | 41
non-vested at may 31 2009 | 762 | 42 the weighted average grant-date fair value of share awards granted in the years ended may 31 , 2008 and 2007 was $ 38 and $ 45 , respectively .the total fair value of share awards vested during the years ended may 31 , 2009 , 2008 and 2007 was $ 6.2 million , $ 4.1 million and $ 1.7 million , respectively .we recognized compensation expense for restricted stock of $ 9.0 million , $ 5.7 million , and $ 2.7 million in the years ended may 31 , 2009 , 2008 and 2007 .as of may 31 , 2009 , there was $ 23.5 million of total unrecognized compensation cost related to unvested restricted stock awards that is expected to be recognized over a weighted average period of 2.9 years .employee stock purchase plan we have an employee stock purchase plan under which the sale of 2.4 million shares of our common stock has been authorized .employees may designate up to the lesser of $ 25000 or 20% ( 20 % ) of their annual compensation for the purchase of stock .the price for shares purchased under the plan is 85% ( 85 % ) of the market value on the last day of the quarterly purchase period .as of may 31 , 2009 , 0.8 million shares had been issued under this plan , with 1.6 million shares reserved for future issuance .the weighted average grant-date fair value of each designated share purchased under this plan was $ 6 , $ 6 and $ 8 in the years ended may 31 , 2009 , 2008 and 2007 , respectively .these values represent the fair value of the 15% ( 15 % ) discount .note 12 2014segment information general information during fiscal 2009 , we began assessing our operating performance using a new segment structure .we made this change as a result of our june 30 , 2008 acquisition of 51% ( 51 % ) of hsbc merchant services llp in the united kingdom , in addition to anticipated future international expansion .beginning with the quarter ended august 31 , 2008 , the reportable segments are defined as north america merchant services , international merchant services , and money transfer .the following tables reflect these changes and such reportable segments for fiscal years 2009 , 2008 , and 2007. .
Question: what was the fair value of share awards vested in 2009?
Steps: Ask for number 6.2
Answer: 6.2
Question: what was the value in 2007?
Steps: Ask for number 1.7
Answer: 1.7
Question: what was the net change in value?
Steps: subtract(6.2, 1.7)
Answer: 4.5
Question: what is the net change divided by the 2007 value?
| 2.64706 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
notes to consolidated financial statements 2014 ( continued ) the following table summarizes the changes in non-vested restricted stock awards for the year ended may 31 , 2009 ( share awards in thousands ) : share awards weighted average grant-date fair value . | share awards | weighted average grant-date fair value
non-vested at may 31 2007 | 278 | $ 37
granted | 400 | 38
vested | -136 ( 136 ) | 30
forfeited | -24 ( 24 ) | 40
non-vested at may 31 2008 | 518 | 39
granted | 430 | 43
vested | -159 ( 159 ) | 39
forfeited | -27 ( 27 ) | 41
non-vested at may 31 2009 | 762 | 42 the weighted average grant-date fair value of share awards granted in the years ended may 31 , 2008 and 2007 was $ 38 and $ 45 , respectively .the total fair value of share awards vested during the years ended may 31 , 2009 , 2008 and 2007 was $ 6.2 million , $ 4.1 million and $ 1.7 million , respectively .we recognized compensation expense for restricted stock of $ 9.0 million , $ 5.7 million , and $ 2.7 million in the years ended may 31 , 2009 , 2008 and 2007 .as of may 31 , 2009 , there was $ 23.5 million of total unrecognized compensation cost related to unvested restricted stock awards that is expected to be recognized over a weighted average period of 2.9 years .employee stock purchase plan we have an employee stock purchase plan under which the sale of 2.4 million shares of our common stock has been authorized .employees may designate up to the lesser of $ 25000 or 20% ( 20 % ) of their annual compensation for the purchase of stock .the price for shares purchased under the plan is 85% ( 85 % ) of the market value on the last day of the quarterly purchase period .as of may 31 , 2009 , 0.8 million shares had been issued under this plan , with 1.6 million shares reserved for future issuance .the weighted average grant-date fair value of each designated share purchased under this plan was $ 6 , $ 6 and $ 8 in the years ended may 31 , 2009 , 2008 and 2007 , respectively .these values represent the fair value of the 15% ( 15 % ) discount .note 12 2014segment information general information during fiscal 2009 , we began assessing our operating performance using a new segment structure .we made this change as a result of our june 30 , 2008 acquisition of 51% ( 51 % ) of hsbc merchant services llp in the united kingdom , in addition to anticipated future international expansion .beginning with the quarter ended august 31 , 2008 , the reportable segments are defined as north america merchant services , international merchant services , and money transfer .the following tables reflect these changes and such reportable segments for fiscal years 2009 , 2008 , and 2007. .
Question: what was the fair value of share awards vested in 2009?
Steps: Ask for number 6.2
Answer: 6.2
Question: what was the value in 2007?
Steps: Ask for number 1.7
Answer: 1.7
Question: what was the net change in value?
Steps: subtract(6.2, 1.7)
Answer: 4.5
Question: what is the net change divided by the 2007 value?
| convfinqa2523 |
management 2019s discussion and analysis of financial condition and results of operations state street corporation | 90 table 30 : total deposits average balance december 31 years ended december 31 . ( in millions ) | december 31 2017 | december 31 2016 | december 31 2017 | 2016
client deposits | $ 180149 | $ 176693 | $ 158996 | $ 156029
wholesale cds | 4747 | 10470 | 4812 | 14456
total deposits | $ 184896 | $ 187163 | $ 163808 | $ 170485 short-term funding our on-balance sheet liquid assets are also an integral component of our liquidity management strategy .these assets provide liquidity through maturities of the assets , but more importantly , they provide us with the ability to raise funds by pledging the securities as collateral for borrowings or through outright sales .in addition , our access to the global capital markets gives us the ability to source incremental funding at reasonable rates of interest from wholesale investors .as discussed earlier under 201casset liquidity , 201d state street bank's membership in the fhlb allows for advances of liquidity with varying terms against high-quality collateral .short-term secured funding also comes in the form of securities lent or sold under agreements to repurchase .these transactions are short-term in nature , generally overnight , and are collateralized by high-quality investment securities .these balances were $ 2.84 billion and $ 4.40 billion as of december 31 , 2017 and december 31 , 2016 , respectively .state street bank currently maintains a line of credit with a financial institution of cad 1.40 billion , or approximately $ 1.11 billion as of december 31 , 2017 , to support its canadian securities processing operations .the line of credit has no stated termination date and is cancelable by either party with prior notice .as of december 31 , 2017 , there was no balance outstanding on this line of credit .long-term funding we have the ability to issue debt and equity securities under our current universal shelf registration to meet current commitments and business needs , including accommodating the transaction and cash management needs of our clients .in addition , state street bank , a wholly owned subsidiary of the parent company , also has authorization to issue up to $ 5 billion in unsecured senior debt and an additional $ 500 million of subordinated debt .agency credit ratings our ability to maintain consistent access to liquidity is fostered by the maintenance of high investment-grade ratings as measured by the major independent credit rating agencies .factors essential to maintaining high credit ratings include : 2022 diverse and stable core earnings ; 2022 relative market position ; 2022 strong risk management ; 2022 strong capital ratios ; 2022 diverse liquidity sources , including the global capital markets and client deposits ; 2022 strong liquidity monitoring procedures ; and 2022 preparedness for current or future regulatory developments .high ratings limit borrowing costs and enhance our liquidity by : 2022 providing assurance for unsecured funding and depositors ; 2022 increasing the potential market for our debt and improving our ability to offer products ; 2022 serving markets ; and 2022 engaging in transactions in which clients value high credit ratings .a downgrade or reduction of our credit ratings could have a material adverse effect on our liquidity by restricting our ability to access the capital markets , which could increase the related cost of funds .in turn , this could cause the sudden and large-scale withdrawal of unsecured deposits by our clients , which could lead to draw-downs of unfunded commitments to extend credit or trigger requirements under securities purchase commitments ; or require additional collateral or force terminations of certain trading derivative contracts .a majority of our derivative contracts have been entered into under bilateral agreements with counterparties who may require us to post collateral or terminate the transactions based on changes in our credit ratings .we assess the impact of these arrangements by determining the collateral that would be required assuming a downgrade by all rating agencies .the additional collateral or termination payments related to our net derivative liabilities under these arrangements that could have been called by counterparties in the event of a downgrade in our credit ratings below levels specified in the agreements is disclosed in note 10 to the consolidated financial statements included under item 8 , financial statements and supplementary data , of this form 10-k .other funding sources , such as secured financing transactions and other margin requirements , for which there are no explicit triggers , could also be adversely affected. .
Question: what was the difference in total deposits between 2016 and 2017?
| -2267.0 | 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 of financial condition and results of operations state street corporation | 90 table 30 : total deposits average balance december 31 years ended december 31 . ( in millions ) | december 31 2017 | december 31 2016 | december 31 2017 | 2016
client deposits | $ 180149 | $ 176693 | $ 158996 | $ 156029
wholesale cds | 4747 | 10470 | 4812 | 14456
total deposits | $ 184896 | $ 187163 | $ 163808 | $ 170485 short-term funding our on-balance sheet liquid assets are also an integral component of our liquidity management strategy .these assets provide liquidity through maturities of the assets , but more importantly , they provide us with the ability to raise funds by pledging the securities as collateral for borrowings or through outright sales .in addition , our access to the global capital markets gives us the ability to source incremental funding at reasonable rates of interest from wholesale investors .as discussed earlier under 201casset liquidity , 201d state street bank's membership in the fhlb allows for advances of liquidity with varying terms against high-quality collateral .short-term secured funding also comes in the form of securities lent or sold under agreements to repurchase .these transactions are short-term in nature , generally overnight , and are collateralized by high-quality investment securities .these balances were $ 2.84 billion and $ 4.40 billion as of december 31 , 2017 and december 31 , 2016 , respectively .state street bank currently maintains a line of credit with a financial institution of cad 1.40 billion , or approximately $ 1.11 billion as of december 31 , 2017 , to support its canadian securities processing operations .the line of credit has no stated termination date and is cancelable by either party with prior notice .as of december 31 , 2017 , there was no balance outstanding on this line of credit .long-term funding we have the ability to issue debt and equity securities under our current universal shelf registration to meet current commitments and business needs , including accommodating the transaction and cash management needs of our clients .in addition , state street bank , a wholly owned subsidiary of the parent company , also has authorization to issue up to $ 5 billion in unsecured senior debt and an additional $ 500 million of subordinated debt .agency credit ratings our ability to maintain consistent access to liquidity is fostered by the maintenance of high investment-grade ratings as measured by the major independent credit rating agencies .factors essential to maintaining high credit ratings include : 2022 diverse and stable core earnings ; 2022 relative market position ; 2022 strong risk management ; 2022 strong capital ratios ; 2022 diverse liquidity sources , including the global capital markets and client deposits ; 2022 strong liquidity monitoring procedures ; and 2022 preparedness for current or future regulatory developments .high ratings limit borrowing costs and enhance our liquidity by : 2022 providing assurance for unsecured funding and depositors ; 2022 increasing the potential market for our debt and improving our ability to offer products ; 2022 serving markets ; and 2022 engaging in transactions in which clients value high credit ratings .a downgrade or reduction of our credit ratings could have a material adverse effect on our liquidity by restricting our ability to access the capital markets , which could increase the related cost of funds .in turn , this could cause the sudden and large-scale withdrawal of unsecured deposits by our clients , which could lead to draw-downs of unfunded commitments to extend credit or trigger requirements under securities purchase commitments ; or require additional collateral or force terminations of certain trading derivative contracts .a majority of our derivative contracts have been entered into under bilateral agreements with counterparties who may require us to post collateral or terminate the transactions based on changes in our credit ratings .we assess the impact of these arrangements by determining the collateral that would be required assuming a downgrade by all rating agencies .the additional collateral or termination payments related to our net derivative liabilities under these arrangements that could have been called by counterparties in the event of a downgrade in our credit ratings below levels specified in the agreements is disclosed in note 10 to the consolidated financial statements included under item 8 , financial statements and supplementary data , of this form 10-k .other funding sources , such as secured financing transactions and other margin requirements , for which there are no explicit triggers , could also be adversely affected. .
Question: what was the difference in total deposits between 2016 and 2017?
| convfinqa2524 |
management 2019s discussion and analysis of financial condition and results of operations state street corporation | 90 table 30 : total deposits average balance december 31 years ended december 31 . ( in millions ) | december 31 2017 | december 31 2016 | december 31 2017 | 2016
client deposits | $ 180149 | $ 176693 | $ 158996 | $ 156029
wholesale cds | 4747 | 10470 | 4812 | 14456
total deposits | $ 184896 | $ 187163 | $ 163808 | $ 170485 short-term funding our on-balance sheet liquid assets are also an integral component of our liquidity management strategy .these assets provide liquidity through maturities of the assets , but more importantly , they provide us with the ability to raise funds by pledging the securities as collateral for borrowings or through outright sales .in addition , our access to the global capital markets gives us the ability to source incremental funding at reasonable rates of interest from wholesale investors .as discussed earlier under 201casset liquidity , 201d state street bank's membership in the fhlb allows for advances of liquidity with varying terms against high-quality collateral .short-term secured funding also comes in the form of securities lent or sold under agreements to repurchase .these transactions are short-term in nature , generally overnight , and are collateralized by high-quality investment securities .these balances were $ 2.84 billion and $ 4.40 billion as of december 31 , 2017 and december 31 , 2016 , respectively .state street bank currently maintains a line of credit with a financial institution of cad 1.40 billion , or approximately $ 1.11 billion as of december 31 , 2017 , to support its canadian securities processing operations .the line of credit has no stated termination date and is cancelable by either party with prior notice .as of december 31 , 2017 , there was no balance outstanding on this line of credit .long-term funding we have the ability to issue debt and equity securities under our current universal shelf registration to meet current commitments and business needs , including accommodating the transaction and cash management needs of our clients .in addition , state street bank , a wholly owned subsidiary of the parent company , also has authorization to issue up to $ 5 billion in unsecured senior debt and an additional $ 500 million of subordinated debt .agency credit ratings our ability to maintain consistent access to liquidity is fostered by the maintenance of high investment-grade ratings as measured by the major independent credit rating agencies .factors essential to maintaining high credit ratings include : 2022 diverse and stable core earnings ; 2022 relative market position ; 2022 strong risk management ; 2022 strong capital ratios ; 2022 diverse liquidity sources , including the global capital markets and client deposits ; 2022 strong liquidity monitoring procedures ; and 2022 preparedness for current or future regulatory developments .high ratings limit borrowing costs and enhance our liquidity by : 2022 providing assurance for unsecured funding and depositors ; 2022 increasing the potential market for our debt and improving our ability to offer products ; 2022 serving markets ; and 2022 engaging in transactions in which clients value high credit ratings .a downgrade or reduction of our credit ratings could have a material adverse effect on our liquidity by restricting our ability to access the capital markets , which could increase the related cost of funds .in turn , this could cause the sudden and large-scale withdrawal of unsecured deposits by our clients , which could lead to draw-downs of unfunded commitments to extend credit or trigger requirements under securities purchase commitments ; or require additional collateral or force terminations of certain trading derivative contracts .a majority of our derivative contracts have been entered into under bilateral agreements with counterparties who may require us to post collateral or terminate the transactions based on changes in our credit ratings .we assess the impact of these arrangements by determining the collateral that would be required assuming a downgrade by all rating agencies .the additional collateral or termination payments related to our net derivative liabilities under these arrangements that could have been called by counterparties in the event of a downgrade in our credit ratings below levels specified in the agreements is disclosed in note 10 to the consolidated financial statements included under item 8 , financial statements and supplementary data , of this form 10-k .other funding sources , such as secured financing transactions and other margin requirements , for which there are no explicit triggers , could also be adversely affected. .
Question: what was the difference in total deposits between 2016 and 2017?
Steps: subtract(184896, 187163)
Answer: -2267.0
Question: what was the percent change?
| -0.01211 | 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 of financial condition and results of operations state street corporation | 90 table 30 : total deposits average balance december 31 years ended december 31 . ( in millions ) | december 31 2017 | december 31 2016 | december 31 2017 | 2016
client deposits | $ 180149 | $ 176693 | $ 158996 | $ 156029
wholesale cds | 4747 | 10470 | 4812 | 14456
total deposits | $ 184896 | $ 187163 | $ 163808 | $ 170485 short-term funding our on-balance sheet liquid assets are also an integral component of our liquidity management strategy .these assets provide liquidity through maturities of the assets , but more importantly , they provide us with the ability to raise funds by pledging the securities as collateral for borrowings or through outright sales .in addition , our access to the global capital markets gives us the ability to source incremental funding at reasonable rates of interest from wholesale investors .as discussed earlier under 201casset liquidity , 201d state street bank's membership in the fhlb allows for advances of liquidity with varying terms against high-quality collateral .short-term secured funding also comes in the form of securities lent or sold under agreements to repurchase .these transactions are short-term in nature , generally overnight , and are collateralized by high-quality investment securities .these balances were $ 2.84 billion and $ 4.40 billion as of december 31 , 2017 and december 31 , 2016 , respectively .state street bank currently maintains a line of credit with a financial institution of cad 1.40 billion , or approximately $ 1.11 billion as of december 31 , 2017 , to support its canadian securities processing operations .the line of credit has no stated termination date and is cancelable by either party with prior notice .as of december 31 , 2017 , there was no balance outstanding on this line of credit .long-term funding we have the ability to issue debt and equity securities under our current universal shelf registration to meet current commitments and business needs , including accommodating the transaction and cash management needs of our clients .in addition , state street bank , a wholly owned subsidiary of the parent company , also has authorization to issue up to $ 5 billion in unsecured senior debt and an additional $ 500 million of subordinated debt .agency credit ratings our ability to maintain consistent access to liquidity is fostered by the maintenance of high investment-grade ratings as measured by the major independent credit rating agencies .factors essential to maintaining high credit ratings include : 2022 diverse and stable core earnings ; 2022 relative market position ; 2022 strong risk management ; 2022 strong capital ratios ; 2022 diverse liquidity sources , including the global capital markets and client deposits ; 2022 strong liquidity monitoring procedures ; and 2022 preparedness for current or future regulatory developments .high ratings limit borrowing costs and enhance our liquidity by : 2022 providing assurance for unsecured funding and depositors ; 2022 increasing the potential market for our debt and improving our ability to offer products ; 2022 serving markets ; and 2022 engaging in transactions in which clients value high credit ratings .a downgrade or reduction of our credit ratings could have a material adverse effect on our liquidity by restricting our ability to access the capital markets , which could increase the related cost of funds .in turn , this could cause the sudden and large-scale withdrawal of unsecured deposits by our clients , which could lead to draw-downs of unfunded commitments to extend credit or trigger requirements under securities purchase commitments ; or require additional collateral or force terminations of certain trading derivative contracts .a majority of our derivative contracts have been entered into under bilateral agreements with counterparties who may require us to post collateral or terminate the transactions based on changes in our credit ratings .we assess the impact of these arrangements by determining the collateral that would be required assuming a downgrade by all rating agencies .the additional collateral or termination payments related to our net derivative liabilities under these arrangements that could have been called by counterparties in the event of a downgrade in our credit ratings below levels specified in the agreements is disclosed in note 10 to the consolidated financial statements included under item 8 , financial statements and supplementary data , of this form 10-k .other funding sources , such as secured financing transactions and other margin requirements , for which there are no explicit triggers , could also be adversely affected. .
Question: what was the difference in total deposits between 2016 and 2017?
Steps: subtract(184896, 187163)
Answer: -2267.0
Question: what was the percent change?
| convfinqa2525 |
advance auto parts , inc .and subsidiaries notes to the consolidated financial statements december 31 , 2016 , january 2 , 2016 and january 3 , 2015 ( in thousands , except per share data ) 2 .inventories , net : merchandise inventory the company used the lifo method of accounting for approximately 89% ( 89 % ) of inventories at both december 31 , 2016 and january 2 , 2016 .under lifo , the company 2019s cost of sales reflects the costs of the most recently purchased inventories , while the inventory carrying balance represents the costs for inventories purchased in 2016 and prior years .as a result of utilizing lifo , the company recorded a reduction to cost of sales of $ 40711 and $ 42295 in 2016 and 2015 , respectively , and an increase to cost of sales of $ 8930 in 2014 .historically , the company 2019s overall costs to acquire inventory for the same or similar products have generally decreased as the company has been able to leverage its continued growth and execution of merchandise strategies .the increase in cost of sales for 2014 was the result of an increase in supply chain costs .product cores the remaining inventories are comprised of product cores , the non-consumable portion of certain parts and batteries and the inventory of certain subsidiaries , which are valued under the first-in , first-out ( 201cfifo 201d ) method .product cores are included as part of the company 2019s merchandise costs and are either passed on to the customer or returned to the vendor .because product cores are not subject to frequent cost changes like the company 2019s other merchandise inventory , there is no material difference when applying either the lifo or fifo valuation method .inventory overhead costs purchasing and warehousing costs included in inventory as of december 31 , 2016 and january 2 , 2016 , were $ 395240 and $ 359829 , respectively .inventory balance and inventory reserves inventory balances at the end of 2016 and 2015 were as follows : december 31 , january 2 . | december 312016 | january 22016
inventories at fifo net | $ 4120030 | $ 4009641
adjustments to state inventories at lifo | 205838 | 165127
inventories at lifo net | $ 4325868 | $ 4174768 inventory quantities are tracked through a perpetual inventory system .the company completes physical inventories and other targeted inventory counts in its store locations to ensure the accuracy of the perpetual inventory quantities of merchandise and core inventory .in its distribution centers and branches , the company uses a cycle counting program to ensure the accuracy of the perpetual inventory quantities of merchandise and product core inventory .reserves for estimated shrink are established based on the results of physical inventories conducted by the company and other targeted inventory counts in its stores , results from recent cycle counts in its distribution facilities and historical and current loss trends .the company also establishes reserves for potentially excess and obsolete inventories based on ( i ) current inventory levels , ( ii ) the historical analysis of product sales and ( iii ) current market conditions .the company has return rights with many of its vendors and the majority of excess inventory is returned to its vendors for full credit .in certain situations , the company establishes reserves when less than full credit is expected from a vendor or when liquidating product will result in retail prices below recorded costs. .
Question: what was the net change in inventory overhead costs, purchasing, and warehousing costs from 2015 to 2016?
| 35411.0 | 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.
advance auto parts , inc .and subsidiaries notes to the consolidated financial statements december 31 , 2016 , january 2 , 2016 and january 3 , 2015 ( in thousands , except per share data ) 2 .inventories , net : merchandise inventory the company used the lifo method of accounting for approximately 89% ( 89 % ) of inventories at both december 31 , 2016 and january 2 , 2016 .under lifo , the company 2019s cost of sales reflects the costs of the most recently purchased inventories , while the inventory carrying balance represents the costs for inventories purchased in 2016 and prior years .as a result of utilizing lifo , the company recorded a reduction to cost of sales of $ 40711 and $ 42295 in 2016 and 2015 , respectively , and an increase to cost of sales of $ 8930 in 2014 .historically , the company 2019s overall costs to acquire inventory for the same or similar products have generally decreased as the company has been able to leverage its continued growth and execution of merchandise strategies .the increase in cost of sales for 2014 was the result of an increase in supply chain costs .product cores the remaining inventories are comprised of product cores , the non-consumable portion of certain parts and batteries and the inventory of certain subsidiaries , which are valued under the first-in , first-out ( 201cfifo 201d ) method .product cores are included as part of the company 2019s merchandise costs and are either passed on to the customer or returned to the vendor .because product cores are not subject to frequent cost changes like the company 2019s other merchandise inventory , there is no material difference when applying either the lifo or fifo valuation method .inventory overhead costs purchasing and warehousing costs included in inventory as of december 31 , 2016 and january 2 , 2016 , were $ 395240 and $ 359829 , respectively .inventory balance and inventory reserves inventory balances at the end of 2016 and 2015 were as follows : december 31 , january 2 . | december 312016 | january 22016
inventories at fifo net | $ 4120030 | $ 4009641
adjustments to state inventories at lifo | 205838 | 165127
inventories at lifo net | $ 4325868 | $ 4174768 inventory quantities are tracked through a perpetual inventory system .the company completes physical inventories and other targeted inventory counts in its store locations to ensure the accuracy of the perpetual inventory quantities of merchandise and core inventory .in its distribution centers and branches , the company uses a cycle counting program to ensure the accuracy of the perpetual inventory quantities of merchandise and product core inventory .reserves for estimated shrink are established based on the results of physical inventories conducted by the company and other targeted inventory counts in its stores , results from recent cycle counts in its distribution facilities and historical and current loss trends .the company also establishes reserves for potentially excess and obsolete inventories based on ( i ) current inventory levels , ( ii ) the historical analysis of product sales and ( iii ) current market conditions .the company has return rights with many of its vendors and the majority of excess inventory is returned to its vendors for full credit .in certain situations , the company establishes reserves when less than full credit is expected from a vendor or when liquidating product will result in retail prices below recorded costs. .
Question: what was the net change in inventory overhead costs, purchasing, and warehousing costs from 2015 to 2016?
| convfinqa2526 |
advance auto parts , inc .and subsidiaries notes to the consolidated financial statements december 31 , 2016 , january 2 , 2016 and january 3 , 2015 ( in thousands , except per share data ) 2 .inventories , net : merchandise inventory the company used the lifo method of accounting for approximately 89% ( 89 % ) of inventories at both december 31 , 2016 and january 2 , 2016 .under lifo , the company 2019s cost of sales reflects the costs of the most recently purchased inventories , while the inventory carrying balance represents the costs for inventories purchased in 2016 and prior years .as a result of utilizing lifo , the company recorded a reduction to cost of sales of $ 40711 and $ 42295 in 2016 and 2015 , respectively , and an increase to cost of sales of $ 8930 in 2014 .historically , the company 2019s overall costs to acquire inventory for the same or similar products have generally decreased as the company has been able to leverage its continued growth and execution of merchandise strategies .the increase in cost of sales for 2014 was the result of an increase in supply chain costs .product cores the remaining inventories are comprised of product cores , the non-consumable portion of certain parts and batteries and the inventory of certain subsidiaries , which are valued under the first-in , first-out ( 201cfifo 201d ) method .product cores are included as part of the company 2019s merchandise costs and are either passed on to the customer or returned to the vendor .because product cores are not subject to frequent cost changes like the company 2019s other merchandise inventory , there is no material difference when applying either the lifo or fifo valuation method .inventory overhead costs purchasing and warehousing costs included in inventory as of december 31 , 2016 and january 2 , 2016 , were $ 395240 and $ 359829 , respectively .inventory balance and inventory reserves inventory balances at the end of 2016 and 2015 were as follows : december 31 , january 2 . | december 312016 | january 22016
inventories at fifo net | $ 4120030 | $ 4009641
adjustments to state inventories at lifo | 205838 | 165127
inventories at lifo net | $ 4325868 | $ 4174768 inventory quantities are tracked through a perpetual inventory system .the company completes physical inventories and other targeted inventory counts in its store locations to ensure the accuracy of the perpetual inventory quantities of merchandise and core inventory .in its distribution centers and branches , the company uses a cycle counting program to ensure the accuracy of the perpetual inventory quantities of merchandise and product core inventory .reserves for estimated shrink are established based on the results of physical inventories conducted by the company and other targeted inventory counts in its stores , results from recent cycle counts in its distribution facilities and historical and current loss trends .the company also establishes reserves for potentially excess and obsolete inventories based on ( i ) current inventory levels , ( ii ) the historical analysis of product sales and ( iii ) current market conditions .the company has return rights with many of its vendors and the majority of excess inventory is returned to its vendors for full credit .in certain situations , the company establishes reserves when less than full credit is expected from a vendor or when liquidating product will result in retail prices below recorded costs. .
Question: what was the net change in inventory overhead costs, purchasing, and warehousing costs from 2015 to 2016?
Steps: subtract(395240, 359829)
Answer: 35411.0
Question: what is the percent change?
| 0.09841 | 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.
advance auto parts , inc .and subsidiaries notes to the consolidated financial statements december 31 , 2016 , january 2 , 2016 and january 3 , 2015 ( in thousands , except per share data ) 2 .inventories , net : merchandise inventory the company used the lifo method of accounting for approximately 89% ( 89 % ) of inventories at both december 31 , 2016 and january 2 , 2016 .under lifo , the company 2019s cost of sales reflects the costs of the most recently purchased inventories , while the inventory carrying balance represents the costs for inventories purchased in 2016 and prior years .as a result of utilizing lifo , the company recorded a reduction to cost of sales of $ 40711 and $ 42295 in 2016 and 2015 , respectively , and an increase to cost of sales of $ 8930 in 2014 .historically , the company 2019s overall costs to acquire inventory for the same or similar products have generally decreased as the company has been able to leverage its continued growth and execution of merchandise strategies .the increase in cost of sales for 2014 was the result of an increase in supply chain costs .product cores the remaining inventories are comprised of product cores , the non-consumable portion of certain parts and batteries and the inventory of certain subsidiaries , which are valued under the first-in , first-out ( 201cfifo 201d ) method .product cores are included as part of the company 2019s merchandise costs and are either passed on to the customer or returned to the vendor .because product cores are not subject to frequent cost changes like the company 2019s other merchandise inventory , there is no material difference when applying either the lifo or fifo valuation method .inventory overhead costs purchasing and warehousing costs included in inventory as of december 31 , 2016 and january 2 , 2016 , were $ 395240 and $ 359829 , respectively .inventory balance and inventory reserves inventory balances at the end of 2016 and 2015 were as follows : december 31 , january 2 . | december 312016 | january 22016
inventories at fifo net | $ 4120030 | $ 4009641
adjustments to state inventories at lifo | 205838 | 165127
inventories at lifo net | $ 4325868 | $ 4174768 inventory quantities are tracked through a perpetual inventory system .the company completes physical inventories and other targeted inventory counts in its store locations to ensure the accuracy of the perpetual inventory quantities of merchandise and core inventory .in its distribution centers and branches , the company uses a cycle counting program to ensure the accuracy of the perpetual inventory quantities of merchandise and product core inventory .reserves for estimated shrink are established based on the results of physical inventories conducted by the company and other targeted inventory counts in its stores , results from recent cycle counts in its distribution facilities and historical and current loss trends .the company also establishes reserves for potentially excess and obsolete inventories based on ( i ) current inventory levels , ( ii ) the historical analysis of product sales and ( iii ) current market conditions .the company has return rights with many of its vendors and the majority of excess inventory is returned to its vendors for full credit .in certain situations , the company establishes reserves when less than full credit is expected from a vendor or when liquidating product will result in retail prices below recorded costs. .
Question: what was the net change in inventory overhead costs, purchasing, and warehousing costs from 2015 to 2016?
Steps: subtract(395240, 359829)
Answer: 35411.0
Question: what is the percent change?
| convfinqa2527 |
operating expenses millions 2010 2009 2008 % ( % ) change 2010 v 2009 % ( % ) change 2009 v 2008 . millions | 2010 | 2009 | 2008 | % ( % ) change 2010 v 2009 | % ( % ) change2009 v 2008
compensation and benefits | $ 4314 | $ 4063 | $ 4457 | 6% ( 6 % ) | ( 9 ) % ( % )
fuel | 2486 | 1763 | 3983 | 41 | -56 ( 56 )
purchased services and materials | 1836 | 1644 | 1928 | 12 | -15 ( 15 )
depreciation | 1487 | 1427 | 1366 | 4 | 4
equipment and other rents | 1142 | 1180 | 1326 | -3 ( 3 ) | -11 ( 11 )
other | 719 | 687 | 840 | 5 | -18 ( 18 )
total | $ 11984 | $ 10764 | $ 13900 | 11% ( 11 % ) | ( 23 ) % ( % ) operating expenses increased $ 1.2 billion in 2010 versus 2009 .our fuel price per gallon increased 31% ( 31 % ) during the year , accounting for $ 566 million of the increase .wage and benefit inflation , depreciation , volume-related costs , and property taxes also contributed to higher expenses during 2010 compared to 2009 .cost savings from productivity improvements and better resource utilization partially offset these increases .operating expenses decreased $ 3.1 billion in 2009 versus 2008 .our fuel price per gallon declined 44% ( 44 % ) during 2009 , decreasing operating expenses by $ 1.3 billion compared to 2008 .cost savings from lower volume , productivity improvements , and better resource utilization also decreased operating expenses in 2009 .in addition , lower casualty expense resulting primarily from improving trends in safety performance decreased operating expenses in 2009 .conversely , wage and benefit inflation partially offset these reductions .compensation and benefits 2013 compensation and benefits include wages , payroll taxes , health and welfare costs , pension costs , other postretirement benefits , and incentive costs .general wage and benefit inflation increased costs by approximately $ 190 million in 2010 compared to 2009 .volume- related expenses and higher equity and incentive compensation also drove costs up during the year .workforce levels declined 1% ( 1 % ) in 2010 compared to 2009 as network efficiencies and ongoing productivity initiatives enabled us to effectively handle the 13% ( 13 % ) increase in volume levels with fewer employees .lower volume and productivity initiatives led to a 10% ( 10 % ) decline in our workforce in 2009 compared to 2008 , saving $ 516 million during the year .conversely , general wage and benefit inflation increased expenses , partially offsetting these savings .fuel 2013 fuel includes locomotive fuel and gasoline for highway and non-highway vehicles and heavy equipment .higher diesel fuel prices , which averaged $ 2.29 per gallon ( including taxes and transportation costs ) in 2010 compared to $ 1.75 per gallon in 2009 , increased expenses by $ 566 million .volume , as measured by gross ton-miles , increased 10% ( 10 % ) in 2010 versus 2009 , driving fuel expense up by $ 166 million .conversely , the use of newer , more fuel efficient locomotives , our fuel conservation programs and efficient network operations drove a 3% ( 3 % ) improvement in our fuel consumption rate in 2010 , resulting in $ 40 million of cost savings versus 2009 at the 2009 average fuel price .lower diesel fuel prices , which averaged $ 1.75 per gallon ( including taxes and transportation costs ) in 2009 compared to $ 3.15 per gallon in 2008 , reduced expenses by $ 1.3 billion in 2009 .volume , as measured by gross ton-miles , decreased 17% ( 17 % ) in 2009 , lowering expenses by $ 664 million compared to 2008 .our fuel consumption rate improved 4% ( 4 % ) in 2009 , resulting in $ 147 million of cost savings versus 2008 at the 2008 average fuel price .the consumption rate savings versus 2008 using the lower 2009 fuel price was $ 68 million .newer , more fuel efficient locomotives , reflecting locomotive acquisitions in recent years and the impact of a smaller fleet due to storage of some of our older locomotives ; increased use of 2010 operating expenses .
Question: what is the net change of diesel fuel prices from 2009 to 2010?
| 0.54 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
operating expenses millions 2010 2009 2008 % ( % ) change 2010 v 2009 % ( % ) change 2009 v 2008 . millions | 2010 | 2009 | 2008 | % ( % ) change 2010 v 2009 | % ( % ) change2009 v 2008
compensation and benefits | $ 4314 | $ 4063 | $ 4457 | 6% ( 6 % ) | ( 9 ) % ( % )
fuel | 2486 | 1763 | 3983 | 41 | -56 ( 56 )
purchased services and materials | 1836 | 1644 | 1928 | 12 | -15 ( 15 )
depreciation | 1487 | 1427 | 1366 | 4 | 4
equipment and other rents | 1142 | 1180 | 1326 | -3 ( 3 ) | -11 ( 11 )
other | 719 | 687 | 840 | 5 | -18 ( 18 )
total | $ 11984 | $ 10764 | $ 13900 | 11% ( 11 % ) | ( 23 ) % ( % ) operating expenses increased $ 1.2 billion in 2010 versus 2009 .our fuel price per gallon increased 31% ( 31 % ) during the year , accounting for $ 566 million of the increase .wage and benefit inflation , depreciation , volume-related costs , and property taxes also contributed to higher expenses during 2010 compared to 2009 .cost savings from productivity improvements and better resource utilization partially offset these increases .operating expenses decreased $ 3.1 billion in 2009 versus 2008 .our fuel price per gallon declined 44% ( 44 % ) during 2009 , decreasing operating expenses by $ 1.3 billion compared to 2008 .cost savings from lower volume , productivity improvements , and better resource utilization also decreased operating expenses in 2009 .in addition , lower casualty expense resulting primarily from improving trends in safety performance decreased operating expenses in 2009 .conversely , wage and benefit inflation partially offset these reductions .compensation and benefits 2013 compensation and benefits include wages , payroll taxes , health and welfare costs , pension costs , other postretirement benefits , and incentive costs .general wage and benefit inflation increased costs by approximately $ 190 million in 2010 compared to 2009 .volume- related expenses and higher equity and incentive compensation also drove costs up during the year .workforce levels declined 1% ( 1 % ) in 2010 compared to 2009 as network efficiencies and ongoing productivity initiatives enabled us to effectively handle the 13% ( 13 % ) increase in volume levels with fewer employees .lower volume and productivity initiatives led to a 10% ( 10 % ) decline in our workforce in 2009 compared to 2008 , saving $ 516 million during the year .conversely , general wage and benefit inflation increased expenses , partially offsetting these savings .fuel 2013 fuel includes locomotive fuel and gasoline for highway and non-highway vehicles and heavy equipment .higher diesel fuel prices , which averaged $ 2.29 per gallon ( including taxes and transportation costs ) in 2010 compared to $ 1.75 per gallon in 2009 , increased expenses by $ 566 million .volume , as measured by gross ton-miles , increased 10% ( 10 % ) in 2010 versus 2009 , driving fuel expense up by $ 166 million .conversely , the use of newer , more fuel efficient locomotives , our fuel conservation programs and efficient network operations drove a 3% ( 3 % ) improvement in our fuel consumption rate in 2010 , resulting in $ 40 million of cost savings versus 2009 at the 2009 average fuel price .lower diesel fuel prices , which averaged $ 1.75 per gallon ( including taxes and transportation costs ) in 2009 compared to $ 3.15 per gallon in 2008 , reduced expenses by $ 1.3 billion in 2009 .volume , as measured by gross ton-miles , decreased 17% ( 17 % ) in 2009 , lowering expenses by $ 664 million compared to 2008 .our fuel consumption rate improved 4% ( 4 % ) in 2009 , resulting in $ 147 million of cost savings versus 2008 at the 2008 average fuel price .the consumption rate savings versus 2008 using the lower 2009 fuel price was $ 68 million .newer , more fuel efficient locomotives , reflecting locomotive acquisitions in recent years and the impact of a smaller fleet due to storage of some of our older locomotives ; increased use of 2010 operating expenses .
Question: what is the net change of diesel fuel prices from 2009 to 2010?
| convfinqa2528 |
operating expenses millions 2010 2009 2008 % ( % ) change 2010 v 2009 % ( % ) change 2009 v 2008 . millions | 2010 | 2009 | 2008 | % ( % ) change 2010 v 2009 | % ( % ) change2009 v 2008
compensation and benefits | $ 4314 | $ 4063 | $ 4457 | 6% ( 6 % ) | ( 9 ) % ( % )
fuel | 2486 | 1763 | 3983 | 41 | -56 ( 56 )
purchased services and materials | 1836 | 1644 | 1928 | 12 | -15 ( 15 )
depreciation | 1487 | 1427 | 1366 | 4 | 4
equipment and other rents | 1142 | 1180 | 1326 | -3 ( 3 ) | -11 ( 11 )
other | 719 | 687 | 840 | 5 | -18 ( 18 )
total | $ 11984 | $ 10764 | $ 13900 | 11% ( 11 % ) | ( 23 ) % ( % ) operating expenses increased $ 1.2 billion in 2010 versus 2009 .our fuel price per gallon increased 31% ( 31 % ) during the year , accounting for $ 566 million of the increase .wage and benefit inflation , depreciation , volume-related costs , and property taxes also contributed to higher expenses during 2010 compared to 2009 .cost savings from productivity improvements and better resource utilization partially offset these increases .operating expenses decreased $ 3.1 billion in 2009 versus 2008 .our fuel price per gallon declined 44% ( 44 % ) during 2009 , decreasing operating expenses by $ 1.3 billion compared to 2008 .cost savings from lower volume , productivity improvements , and better resource utilization also decreased operating expenses in 2009 .in addition , lower casualty expense resulting primarily from improving trends in safety performance decreased operating expenses in 2009 .conversely , wage and benefit inflation partially offset these reductions .compensation and benefits 2013 compensation and benefits include wages , payroll taxes , health and welfare costs , pension costs , other postretirement benefits , and incentive costs .general wage and benefit inflation increased costs by approximately $ 190 million in 2010 compared to 2009 .volume- related expenses and higher equity and incentive compensation also drove costs up during the year .workforce levels declined 1% ( 1 % ) in 2010 compared to 2009 as network efficiencies and ongoing productivity initiatives enabled us to effectively handle the 13% ( 13 % ) increase in volume levels with fewer employees .lower volume and productivity initiatives led to a 10% ( 10 % ) decline in our workforce in 2009 compared to 2008 , saving $ 516 million during the year .conversely , general wage and benefit inflation increased expenses , partially offsetting these savings .fuel 2013 fuel includes locomotive fuel and gasoline for highway and non-highway vehicles and heavy equipment .higher diesel fuel prices , which averaged $ 2.29 per gallon ( including taxes and transportation costs ) in 2010 compared to $ 1.75 per gallon in 2009 , increased expenses by $ 566 million .volume , as measured by gross ton-miles , increased 10% ( 10 % ) in 2010 versus 2009 , driving fuel expense up by $ 166 million .conversely , the use of newer , more fuel efficient locomotives , our fuel conservation programs and efficient network operations drove a 3% ( 3 % ) improvement in our fuel consumption rate in 2010 , resulting in $ 40 million of cost savings versus 2009 at the 2009 average fuel price .lower diesel fuel prices , which averaged $ 1.75 per gallon ( including taxes and transportation costs ) in 2009 compared to $ 3.15 per gallon in 2008 , reduced expenses by $ 1.3 billion in 2009 .volume , as measured by gross ton-miles , decreased 17% ( 17 % ) in 2009 , lowering expenses by $ 664 million compared to 2008 .our fuel consumption rate improved 4% ( 4 % ) in 2009 , resulting in $ 147 million of cost savings versus 2008 at the 2008 average fuel price .the consumption rate savings versus 2008 using the lower 2009 fuel price was $ 68 million .newer , more fuel efficient locomotives , reflecting locomotive acquisitions in recent years and the impact of a smaller fleet due to storage of some of our older locomotives ; increased use of 2010 operating expenses .
Question: what is the net change of diesel fuel prices from 2009 to 2010?
Steps: subtract(2.29, 1.75)
Answer: 0.54
Question: what was that change divided by the 2009 value?
| 0.30857 | 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.
operating expenses millions 2010 2009 2008 % ( % ) change 2010 v 2009 % ( % ) change 2009 v 2008 . millions | 2010 | 2009 | 2008 | % ( % ) change 2010 v 2009 | % ( % ) change2009 v 2008
compensation and benefits | $ 4314 | $ 4063 | $ 4457 | 6% ( 6 % ) | ( 9 ) % ( % )
fuel | 2486 | 1763 | 3983 | 41 | -56 ( 56 )
purchased services and materials | 1836 | 1644 | 1928 | 12 | -15 ( 15 )
depreciation | 1487 | 1427 | 1366 | 4 | 4
equipment and other rents | 1142 | 1180 | 1326 | -3 ( 3 ) | -11 ( 11 )
other | 719 | 687 | 840 | 5 | -18 ( 18 )
total | $ 11984 | $ 10764 | $ 13900 | 11% ( 11 % ) | ( 23 ) % ( % ) operating expenses increased $ 1.2 billion in 2010 versus 2009 .our fuel price per gallon increased 31% ( 31 % ) during the year , accounting for $ 566 million of the increase .wage and benefit inflation , depreciation , volume-related costs , and property taxes also contributed to higher expenses during 2010 compared to 2009 .cost savings from productivity improvements and better resource utilization partially offset these increases .operating expenses decreased $ 3.1 billion in 2009 versus 2008 .our fuel price per gallon declined 44% ( 44 % ) during 2009 , decreasing operating expenses by $ 1.3 billion compared to 2008 .cost savings from lower volume , productivity improvements , and better resource utilization also decreased operating expenses in 2009 .in addition , lower casualty expense resulting primarily from improving trends in safety performance decreased operating expenses in 2009 .conversely , wage and benefit inflation partially offset these reductions .compensation and benefits 2013 compensation and benefits include wages , payroll taxes , health and welfare costs , pension costs , other postretirement benefits , and incentive costs .general wage and benefit inflation increased costs by approximately $ 190 million in 2010 compared to 2009 .volume- related expenses and higher equity and incentive compensation also drove costs up during the year .workforce levels declined 1% ( 1 % ) in 2010 compared to 2009 as network efficiencies and ongoing productivity initiatives enabled us to effectively handle the 13% ( 13 % ) increase in volume levels with fewer employees .lower volume and productivity initiatives led to a 10% ( 10 % ) decline in our workforce in 2009 compared to 2008 , saving $ 516 million during the year .conversely , general wage and benefit inflation increased expenses , partially offsetting these savings .fuel 2013 fuel includes locomotive fuel and gasoline for highway and non-highway vehicles and heavy equipment .higher diesel fuel prices , which averaged $ 2.29 per gallon ( including taxes and transportation costs ) in 2010 compared to $ 1.75 per gallon in 2009 , increased expenses by $ 566 million .volume , as measured by gross ton-miles , increased 10% ( 10 % ) in 2010 versus 2009 , driving fuel expense up by $ 166 million .conversely , the use of newer , more fuel efficient locomotives , our fuel conservation programs and efficient network operations drove a 3% ( 3 % ) improvement in our fuel consumption rate in 2010 , resulting in $ 40 million of cost savings versus 2009 at the 2009 average fuel price .lower diesel fuel prices , which averaged $ 1.75 per gallon ( including taxes and transportation costs ) in 2009 compared to $ 3.15 per gallon in 2008 , reduced expenses by $ 1.3 billion in 2009 .volume , as measured by gross ton-miles , decreased 17% ( 17 % ) in 2009 , lowering expenses by $ 664 million compared to 2008 .our fuel consumption rate improved 4% ( 4 % ) in 2009 , resulting in $ 147 million of cost savings versus 2008 at the 2008 average fuel price .the consumption rate savings versus 2008 using the lower 2009 fuel price was $ 68 million .newer , more fuel efficient locomotives , reflecting locomotive acquisitions in recent years and the impact of a smaller fleet due to storage of some of our older locomotives ; increased use of 2010 operating expenses .
Question: what is the net change of diesel fuel prices from 2009 to 2010?
Steps: subtract(2.29, 1.75)
Answer: 0.54
Question: what was that change divided by the 2009 value?
| convfinqa2529 |
performance graph the following graph compares the total return , assuming reinvestment of dividends , on an investment in the company , based on performance of the company's common stock , with the total return of the standard & poor's 500 composite stock index and the dow jones united states travel and leisure index for a five year period by measuring the changes in common stock prices from december 31 , 2011 to december 31 , 2016. . | 12/11 | 12/12 | 12/13 | 12/14 | 12/15 | 12/16
royal caribbean cruises ltd . | 100.00 | 139.36 | 198.03 | 350.40 | 437.09 | 362.38
s&p 500 | 100.00 | 116.00 | 153.58 | 174.60 | 177.01 | 198.18
dow jones us travel & leisure | 100.00 | 113.33 | 164.87 | 191.85 | 203.17 | 218.56 the stock performance graph assumes for comparison that the value of the company's common stock and of each index was $ 100 on december 31 , 2011 and that all dividends were reinvested .past performance is not necessarily an indicator of future results. .
Question: what is the value of an investment in s&p500 in 2016?
| 198.18 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
performance graph the following graph compares the total return , assuming reinvestment of dividends , on an investment in the company , based on performance of the company's common stock , with the total return of the standard & poor's 500 composite stock index and the dow jones united states travel and leisure index for a five year period by measuring the changes in common stock prices from december 31 , 2011 to december 31 , 2016. . | 12/11 | 12/12 | 12/13 | 12/14 | 12/15 | 12/16
royal caribbean cruises ltd . | 100.00 | 139.36 | 198.03 | 350.40 | 437.09 | 362.38
s&p 500 | 100.00 | 116.00 | 153.58 | 174.60 | 177.01 | 198.18
dow jones us travel & leisure | 100.00 | 113.33 | 164.87 | 191.85 | 203.17 | 218.56 the stock performance graph assumes for comparison that the value of the company's common stock and of each index was $ 100 on december 31 , 2011 and that all dividends were reinvested .past performance is not necessarily an indicator of future results. .
Question: what is the value of an investment in s&p500 in 2016?
| convfinqa2530 |
performance graph the following graph compares the total return , assuming reinvestment of dividends , on an investment in the company , based on performance of the company's common stock , with the total return of the standard & poor's 500 composite stock index and the dow jones united states travel and leisure index for a five year period by measuring the changes in common stock prices from december 31 , 2011 to december 31 , 2016. . | 12/11 | 12/12 | 12/13 | 12/14 | 12/15 | 12/16
royal caribbean cruises ltd . | 100.00 | 139.36 | 198.03 | 350.40 | 437.09 | 362.38
s&p 500 | 100.00 | 116.00 | 153.58 | 174.60 | 177.01 | 198.18
dow jones us travel & leisure | 100.00 | 113.33 | 164.87 | 191.85 | 203.17 | 218.56 the stock performance graph assumes for comparison that the value of the company's common stock and of each index was $ 100 on december 31 , 2011 and that all dividends were reinvested .past performance is not necessarily an indicator of future results. .
Question: what is the value of an investment in s&p500 in 2016?
Steps: Ask for number 198.18
Answer: 198.18
Question: what is the change in value of an investment in s&p500 from 2011 to 2016?
| 98.18 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
performance graph the following graph compares the total return , assuming reinvestment of dividends , on an investment in the company , based on performance of the company's common stock , with the total return of the standard & poor's 500 composite stock index and the dow jones united states travel and leisure index for a five year period by measuring the changes in common stock prices from december 31 , 2011 to december 31 , 2016. . | 12/11 | 12/12 | 12/13 | 12/14 | 12/15 | 12/16
royal caribbean cruises ltd . | 100.00 | 139.36 | 198.03 | 350.40 | 437.09 | 362.38
s&p 500 | 100.00 | 116.00 | 153.58 | 174.60 | 177.01 | 198.18
dow jones us travel & leisure | 100.00 | 113.33 | 164.87 | 191.85 | 203.17 | 218.56 the stock performance graph assumes for comparison that the value of the company's common stock and of each index was $ 100 on december 31 , 2011 and that all dividends were reinvested .past performance is not necessarily an indicator of future results. .
Question: what is the value of an investment in s&p500 in 2016?
Steps: Ask for number 198.18
Answer: 198.18
Question: what is the change in value of an investment in s&p500 from 2011 to 2016?
| convfinqa2531 |
performance graph the following graph compares the total return , assuming reinvestment of dividends , on an investment in the company , based on performance of the company's common stock , with the total return of the standard & poor's 500 composite stock index and the dow jones united states travel and leisure index for a five year period by measuring the changes in common stock prices from december 31 , 2011 to december 31 , 2016. . | 12/11 | 12/12 | 12/13 | 12/14 | 12/15 | 12/16
royal caribbean cruises ltd . | 100.00 | 139.36 | 198.03 | 350.40 | 437.09 | 362.38
s&p 500 | 100.00 | 116.00 | 153.58 | 174.60 | 177.01 | 198.18
dow jones us travel & leisure | 100.00 | 113.33 | 164.87 | 191.85 | 203.17 | 218.56 the stock performance graph assumes for comparison that the value of the company's common stock and of each index was $ 100 on december 31 , 2011 and that all dividends were reinvested .past performance is not necessarily an indicator of future results. .
Question: what is the value of an investment in s&p500 in 2016?
Steps: Ask for number 198.18
Answer: 198.18
Question: what is the change in value of an investment in s&p500 from 2011 to 2016?
Steps: subtract(198.18, const_100)
Answer: 98.18
Question: what fraction does this represent?
| 0.9818 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
performance graph the following graph compares the total return , assuming reinvestment of dividends , on an investment in the company , based on performance of the company's common stock , with the total return of the standard & poor's 500 composite stock index and the dow jones united states travel and leisure index for a five year period by measuring the changes in common stock prices from december 31 , 2011 to december 31 , 2016. . | 12/11 | 12/12 | 12/13 | 12/14 | 12/15 | 12/16
royal caribbean cruises ltd . | 100.00 | 139.36 | 198.03 | 350.40 | 437.09 | 362.38
s&p 500 | 100.00 | 116.00 | 153.58 | 174.60 | 177.01 | 198.18
dow jones us travel & leisure | 100.00 | 113.33 | 164.87 | 191.85 | 203.17 | 218.56 the stock performance graph assumes for comparison that the value of the company's common stock and of each index was $ 100 on december 31 , 2011 and that all dividends were reinvested .past performance is not necessarily an indicator of future results. .
Question: what is the value of an investment in s&p500 in 2016?
Steps: Ask for number 198.18
Answer: 198.18
Question: what is the change in value of an investment in s&p500 from 2011 to 2016?
Steps: subtract(198.18, const_100)
Answer: 98.18
Question: what fraction does this represent?
| convfinqa2532 |
performance graph the following graph compares the total return , assuming reinvestment of dividends , on an investment in the company , based on performance of the company's common stock , with the total return of the standard & poor's 500 composite stock index and the dow jones united states travel and leisure index for a five year period by measuring the changes in common stock prices from december 31 , 2011 to december 31 , 2016. . | 12/11 | 12/12 | 12/13 | 12/14 | 12/15 | 12/16
royal caribbean cruises ltd . | 100.00 | 139.36 | 198.03 | 350.40 | 437.09 | 362.38
s&p 500 | 100.00 | 116.00 | 153.58 | 174.60 | 177.01 | 198.18
dow jones us travel & leisure | 100.00 | 113.33 | 164.87 | 191.85 | 203.17 | 218.56 the stock performance graph assumes for comparison that the value of the company's common stock and of each index was $ 100 on december 31 , 2011 and that all dividends were reinvested .past performance is not necessarily an indicator of future results. .
Question: what is the value of an investment in s&p500 in 2016?
Steps: Ask for number 198.18
Answer: 198.18
Question: what is the change in value of an investment in s&p500 from 2011 to 2016?
Steps: subtract(198.18, const_100)
Answer: 98.18
Question: what fraction does this represent?
Steps: divide(A0, const_100)
Answer: 0.9818
Question: what about in percentage terms?
| 98.18 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
performance graph the following graph compares the total return , assuming reinvestment of dividends , on an investment in the company , based on performance of the company's common stock , with the total return of the standard & poor's 500 composite stock index and the dow jones united states travel and leisure index for a five year period by measuring the changes in common stock prices from december 31 , 2011 to december 31 , 2016. . | 12/11 | 12/12 | 12/13 | 12/14 | 12/15 | 12/16
royal caribbean cruises ltd . | 100.00 | 139.36 | 198.03 | 350.40 | 437.09 | 362.38
s&p 500 | 100.00 | 116.00 | 153.58 | 174.60 | 177.01 | 198.18
dow jones us travel & leisure | 100.00 | 113.33 | 164.87 | 191.85 | 203.17 | 218.56 the stock performance graph assumes for comparison that the value of the company's common stock and of each index was $ 100 on december 31 , 2011 and that all dividends were reinvested .past performance is not necessarily an indicator of future results. .
Question: what is the value of an investment in s&p500 in 2016?
Steps: Ask for number 198.18
Answer: 198.18
Question: what is the change in value of an investment in s&p500 from 2011 to 2016?
Steps: subtract(198.18, const_100)
Answer: 98.18
Question: what fraction does this represent?
Steps: divide(A0, const_100)
Answer: 0.9818
Question: what about in percentage terms?
| convfinqa2533 |
the aes corporation notes to consolidated financial statements 2014 ( continued ) december 31 , 2010 , 2009 , and 2008 ( 3 ) multilateral loans include loans funded and guaranteed by bilaterals , multilaterals , development banks and other similar institutions .( 4 ) non-recourse debt of $ 708 million as of december 31 , 2009 was excluded from non-recourse debt and included in current and long-term liabilities of held for sale and discontinued businesses in the accompanying consolidated balance sheets .non-recourse debt as of december 31 , 2010 is scheduled to reach maturity as set forth in the table below : december 31 , annual maturities ( in millions ) . december 31, | annual maturities ( in millions )
2011 | $ 2577
2012 | 657
2013 | 953
2014 | 1839
2015 | 1138
thereafter | 7957
total non-recourse debt | $ 15121 as of december 31 , 2010 , aes subsidiaries with facilities under construction had a total of approximately $ 432 million of committed but unused credit facilities available to fund construction and other related costs .excluding these facilities under construction , aes subsidiaries had approximately $ 893 million in a number of available but unused committed revolving credit lines to support their working capital , debt service reserves and other business needs .these credit lines can be used in one or more of the following ways : solely for borrowings ; solely for letters of credit ; or a combination of these uses .the weighted average interest rate on borrowings from these facilities was 3.24% ( 3.24 % ) at december 31 , 2010 .non-recourse debt covenants , restrictions and defaults the terms of the company 2019s non-recourse debt include certain financial and non-financial covenants .these covenants are limited to subsidiary activity and vary among the subsidiaries .these covenants may include but are not limited to maintenance of certain reserves , minimum levels of working capital and limitations on incurring additional indebtedness .compliance with certain covenants may not be objectively determinable .as of december 31 , 2010 and 2009 , approximately $ 803 million and $ 653 million , respectively , of restricted cash was maintained in accordance with certain covenants of the non-recourse debt agreements , and these amounts were included within 201crestricted cash 201d and 201cdebt service reserves and other deposits 201d in the accompanying consolidated balance sheets .various lender and governmental provisions restrict the ability of certain of the company 2019s subsidiaries to transfer their net assets to the parent company .such restricted net assets of subsidiaries amounted to approximately $ 5.4 billion at december 31 , 2010. .
Question: as of december 31, 2010, what was the amount of the non-recourse debt due in 2012?
| 657.0 | 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 aes corporation notes to consolidated financial statements 2014 ( continued ) december 31 , 2010 , 2009 , and 2008 ( 3 ) multilateral loans include loans funded and guaranteed by bilaterals , multilaterals , development banks and other similar institutions .( 4 ) non-recourse debt of $ 708 million as of december 31 , 2009 was excluded from non-recourse debt and included in current and long-term liabilities of held for sale and discontinued businesses in the accompanying consolidated balance sheets .non-recourse debt as of december 31 , 2010 is scheduled to reach maturity as set forth in the table below : december 31 , annual maturities ( in millions ) . december 31, | annual maturities ( in millions )
2011 | $ 2577
2012 | 657
2013 | 953
2014 | 1839
2015 | 1138
thereafter | 7957
total non-recourse debt | $ 15121 as of december 31 , 2010 , aes subsidiaries with facilities under construction had a total of approximately $ 432 million of committed but unused credit facilities available to fund construction and other related costs .excluding these facilities under construction , aes subsidiaries had approximately $ 893 million in a number of available but unused committed revolving credit lines to support their working capital , debt service reserves and other business needs .these credit lines can be used in one or more of the following ways : solely for borrowings ; solely for letters of credit ; or a combination of these uses .the weighted average interest rate on borrowings from these facilities was 3.24% ( 3.24 % ) at december 31 , 2010 .non-recourse debt covenants , restrictions and defaults the terms of the company 2019s non-recourse debt include certain financial and non-financial covenants .these covenants are limited to subsidiary activity and vary among the subsidiaries .these covenants may include but are not limited to maintenance of certain reserves , minimum levels of working capital and limitations on incurring additional indebtedness .compliance with certain covenants may not be objectively determinable .as of december 31 , 2010 and 2009 , approximately $ 803 million and $ 653 million , respectively , of restricted cash was maintained in accordance with certain covenants of the non-recourse debt agreements , and these amounts were included within 201crestricted cash 201d and 201cdebt service reserves and other deposits 201d in the accompanying consolidated balance sheets .various lender and governmental provisions restrict the ability of certain of the company 2019s subsidiaries to transfer their net assets to the parent company .such restricted net assets of subsidiaries amounted to approximately $ 5.4 billion at december 31 , 2010. .
Question: as of december 31, 2010, what was the amount of the non-recourse debt due in 2012?
| convfinqa2534 |
the aes corporation notes to consolidated financial statements 2014 ( continued ) december 31 , 2010 , 2009 , and 2008 ( 3 ) multilateral loans include loans funded and guaranteed by bilaterals , multilaterals , development banks and other similar institutions .( 4 ) non-recourse debt of $ 708 million as of december 31 , 2009 was excluded from non-recourse debt and included in current and long-term liabilities of held for sale and discontinued businesses in the accompanying consolidated balance sheets .non-recourse debt as of december 31 , 2010 is scheduled to reach maturity as set forth in the table below : december 31 , annual maturities ( in millions ) . december 31, | annual maturities ( in millions )
2011 | $ 2577
2012 | 657
2013 | 953
2014 | 1839
2015 | 1138
thereafter | 7957
total non-recourse debt | $ 15121 as of december 31 , 2010 , aes subsidiaries with facilities under construction had a total of approximately $ 432 million of committed but unused credit facilities available to fund construction and other related costs .excluding these facilities under construction , aes subsidiaries had approximately $ 893 million in a number of available but unused committed revolving credit lines to support their working capital , debt service reserves and other business needs .these credit lines can be used in one or more of the following ways : solely for borrowings ; solely for letters of credit ; or a combination of these uses .the weighted average interest rate on borrowings from these facilities was 3.24% ( 3.24 % ) at december 31 , 2010 .non-recourse debt covenants , restrictions and defaults the terms of the company 2019s non-recourse debt include certain financial and non-financial covenants .these covenants are limited to subsidiary activity and vary among the subsidiaries .these covenants may include but are not limited to maintenance of certain reserves , minimum levels of working capital and limitations on incurring additional indebtedness .compliance with certain covenants may not be objectively determinable .as of december 31 , 2010 and 2009 , approximately $ 803 million and $ 653 million , respectively , of restricted cash was maintained in accordance with certain covenants of the non-recourse debt agreements , and these amounts were included within 201crestricted cash 201d and 201cdebt service reserves and other deposits 201d in the accompanying consolidated balance sheets .various lender and governmental provisions restrict the ability of certain of the company 2019s subsidiaries to transfer their net assets to the parent company .such restricted net assets of subsidiaries amounted to approximately $ 5.4 billion at december 31 , 2010. .
Question: as of december 31, 2010, what was the amount of the non-recourse debt due in 2012?
Steps: Ask for number 657
Answer: 657.0
Question: and what was that total non-recourse debt?
| 15121.0 | 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 aes corporation notes to consolidated financial statements 2014 ( continued ) december 31 , 2010 , 2009 , and 2008 ( 3 ) multilateral loans include loans funded and guaranteed by bilaterals , multilaterals , development banks and other similar institutions .( 4 ) non-recourse debt of $ 708 million as of december 31 , 2009 was excluded from non-recourse debt and included in current and long-term liabilities of held for sale and discontinued businesses in the accompanying consolidated balance sheets .non-recourse debt as of december 31 , 2010 is scheduled to reach maturity as set forth in the table below : december 31 , annual maturities ( in millions ) . december 31, | annual maturities ( in millions )
2011 | $ 2577
2012 | 657
2013 | 953
2014 | 1839
2015 | 1138
thereafter | 7957
total non-recourse debt | $ 15121 as of december 31 , 2010 , aes subsidiaries with facilities under construction had a total of approximately $ 432 million of committed but unused credit facilities available to fund construction and other related costs .excluding these facilities under construction , aes subsidiaries had approximately $ 893 million in a number of available but unused committed revolving credit lines to support their working capital , debt service reserves and other business needs .these credit lines can be used in one or more of the following ways : solely for borrowings ; solely for letters of credit ; or a combination of these uses .the weighted average interest rate on borrowings from these facilities was 3.24% ( 3.24 % ) at december 31 , 2010 .non-recourse debt covenants , restrictions and defaults the terms of the company 2019s non-recourse debt include certain financial and non-financial covenants .these covenants are limited to subsidiary activity and vary among the subsidiaries .these covenants may include but are not limited to maintenance of certain reserves , minimum levels of working capital and limitations on incurring additional indebtedness .compliance with certain covenants may not be objectively determinable .as of december 31 , 2010 and 2009 , approximately $ 803 million and $ 653 million , respectively , of restricted cash was maintained in accordance with certain covenants of the non-recourse debt agreements , and these amounts were included within 201crestricted cash 201d and 201cdebt service reserves and other deposits 201d in the accompanying consolidated balance sheets .various lender and governmental provisions restrict the ability of certain of the company 2019s subsidiaries to transfer their net assets to the parent company .such restricted net assets of subsidiaries amounted to approximately $ 5.4 billion at december 31 , 2010. .
Question: as of december 31, 2010, what was the amount of the non-recourse debt due in 2012?
Steps: Ask for number 657
Answer: 657.0
Question: and what was that total non-recourse debt?
| convfinqa2535 |
the aes corporation notes to consolidated financial statements 2014 ( continued ) december 31 , 2010 , 2009 , and 2008 ( 3 ) multilateral loans include loans funded and guaranteed by bilaterals , multilaterals , development banks and other similar institutions .( 4 ) non-recourse debt of $ 708 million as of december 31 , 2009 was excluded from non-recourse debt and included in current and long-term liabilities of held for sale and discontinued businesses in the accompanying consolidated balance sheets .non-recourse debt as of december 31 , 2010 is scheduled to reach maturity as set forth in the table below : december 31 , annual maturities ( in millions ) . december 31, | annual maturities ( in millions )
2011 | $ 2577
2012 | 657
2013 | 953
2014 | 1839
2015 | 1138
thereafter | 7957
total non-recourse debt | $ 15121 as of december 31 , 2010 , aes subsidiaries with facilities under construction had a total of approximately $ 432 million of committed but unused credit facilities available to fund construction and other related costs .excluding these facilities under construction , aes subsidiaries had approximately $ 893 million in a number of available but unused committed revolving credit lines to support their working capital , debt service reserves and other business needs .these credit lines can be used in one or more of the following ways : solely for borrowings ; solely for letters of credit ; or a combination of these uses .the weighted average interest rate on borrowings from these facilities was 3.24% ( 3.24 % ) at december 31 , 2010 .non-recourse debt covenants , restrictions and defaults the terms of the company 2019s non-recourse debt include certain financial and non-financial covenants .these covenants are limited to subsidiary activity and vary among the subsidiaries .these covenants may include but are not limited to maintenance of certain reserves , minimum levels of working capital and limitations on incurring additional indebtedness .compliance with certain covenants may not be objectively determinable .as of december 31 , 2010 and 2009 , approximately $ 803 million and $ 653 million , respectively , of restricted cash was maintained in accordance with certain covenants of the non-recourse debt agreements , and these amounts were included within 201crestricted cash 201d and 201cdebt service reserves and other deposits 201d in the accompanying consolidated balance sheets .various lender and governmental provisions restrict the ability of certain of the company 2019s subsidiaries to transfer their net assets to the parent company .such restricted net assets of subsidiaries amounted to approximately $ 5.4 billion at december 31 , 2010. .
Question: as of december 31, 2010, what was the amount of the non-recourse debt due in 2012?
Steps: Ask for number 657
Answer: 657.0
Question: and what was that total non-recourse debt?
Steps: Ask for number 15121
Answer: 15121.0
Question: what percentage, then, did that amount represent in relation to this total?
| 0.04345 | 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 aes corporation notes to consolidated financial statements 2014 ( continued ) december 31 , 2010 , 2009 , and 2008 ( 3 ) multilateral loans include loans funded and guaranteed by bilaterals , multilaterals , development banks and other similar institutions .( 4 ) non-recourse debt of $ 708 million as of december 31 , 2009 was excluded from non-recourse debt and included in current and long-term liabilities of held for sale and discontinued businesses in the accompanying consolidated balance sheets .non-recourse debt as of december 31 , 2010 is scheduled to reach maturity as set forth in the table below : december 31 , annual maturities ( in millions ) . december 31, | annual maturities ( in millions )
2011 | $ 2577
2012 | 657
2013 | 953
2014 | 1839
2015 | 1138
thereafter | 7957
total non-recourse debt | $ 15121 as of december 31 , 2010 , aes subsidiaries with facilities under construction had a total of approximately $ 432 million of committed but unused credit facilities available to fund construction and other related costs .excluding these facilities under construction , aes subsidiaries had approximately $ 893 million in a number of available but unused committed revolving credit lines to support their working capital , debt service reserves and other business needs .these credit lines can be used in one or more of the following ways : solely for borrowings ; solely for letters of credit ; or a combination of these uses .the weighted average interest rate on borrowings from these facilities was 3.24% ( 3.24 % ) at december 31 , 2010 .non-recourse debt covenants , restrictions and defaults the terms of the company 2019s non-recourse debt include certain financial and non-financial covenants .these covenants are limited to subsidiary activity and vary among the subsidiaries .these covenants may include but are not limited to maintenance of certain reserves , minimum levels of working capital and limitations on incurring additional indebtedness .compliance with certain covenants may not be objectively determinable .as of december 31 , 2010 and 2009 , approximately $ 803 million and $ 653 million , respectively , of restricted cash was maintained in accordance with certain covenants of the non-recourse debt agreements , and these amounts were included within 201crestricted cash 201d and 201cdebt service reserves and other deposits 201d in the accompanying consolidated balance sheets .various lender and governmental provisions restrict the ability of certain of the company 2019s subsidiaries to transfer their net assets to the parent company .such restricted net assets of subsidiaries amounted to approximately $ 5.4 billion at december 31 , 2010. .
Question: as of december 31, 2010, what was the amount of the non-recourse debt due in 2012?
Steps: Ask for number 657
Answer: 657.0
Question: and what was that total non-recourse debt?
Steps: Ask for number 15121
Answer: 15121.0
Question: what percentage, then, did that amount represent in relation to this total?
| convfinqa2536 |
the aes corporation notes to consolidated financial statements 2014 ( continued ) december 31 , 2010 , 2009 , and 2008 ( 3 ) multilateral loans include loans funded and guaranteed by bilaterals , multilaterals , development banks and other similar institutions .( 4 ) non-recourse debt of $ 708 million as of december 31 , 2009 was excluded from non-recourse debt and included in current and long-term liabilities of held for sale and discontinued businesses in the accompanying consolidated balance sheets .non-recourse debt as of december 31 , 2010 is scheduled to reach maturity as set forth in the table below : december 31 , annual maturities ( in millions ) . december 31, | annual maturities ( in millions )
2011 | $ 2577
2012 | 657
2013 | 953
2014 | 1839
2015 | 1138
thereafter | 7957
total non-recourse debt | $ 15121 as of december 31 , 2010 , aes subsidiaries with facilities under construction had a total of approximately $ 432 million of committed but unused credit facilities available to fund construction and other related costs .excluding these facilities under construction , aes subsidiaries had approximately $ 893 million in a number of available but unused committed revolving credit lines to support their working capital , debt service reserves and other business needs .these credit lines can be used in one or more of the following ways : solely for borrowings ; solely for letters of credit ; or a combination of these uses .the weighted average interest rate on borrowings from these facilities was 3.24% ( 3.24 % ) at december 31 , 2010 .non-recourse debt covenants , restrictions and defaults the terms of the company 2019s non-recourse debt include certain financial and non-financial covenants .these covenants are limited to subsidiary activity and vary among the subsidiaries .these covenants may include but are not limited to maintenance of certain reserves , minimum levels of working capital and limitations on incurring additional indebtedness .compliance with certain covenants may not be objectively determinable .as of december 31 , 2010 and 2009 , approximately $ 803 million and $ 653 million , respectively , of restricted cash was maintained in accordance with certain covenants of the non-recourse debt agreements , and these amounts were included within 201crestricted cash 201d and 201cdebt service reserves and other deposits 201d in the accompanying consolidated balance sheets .various lender and governmental provisions restrict the ability of certain of the company 2019s subsidiaries to transfer their net assets to the parent company .such restricted net assets of subsidiaries amounted to approximately $ 5.4 billion at december 31 , 2010. .
Question: as of december 31, 2010, what was the amount of the non-recourse debt due in 2012?
Steps: Ask for number 657
Answer: 657.0
Question: and what was that total non-recourse debt?
Steps: Ask for number 15121
Answer: 15121.0
Question: what percentage, then, did that amount represent in relation to this total?
Steps: divide(657, 15121)
Answer: 0.04345
Question: and what percentage did the amount of debt due in 2013 represent?
| 0.06302 | 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 aes corporation notes to consolidated financial statements 2014 ( continued ) december 31 , 2010 , 2009 , and 2008 ( 3 ) multilateral loans include loans funded and guaranteed by bilaterals , multilaterals , development banks and other similar institutions .( 4 ) non-recourse debt of $ 708 million as of december 31 , 2009 was excluded from non-recourse debt and included in current and long-term liabilities of held for sale and discontinued businesses in the accompanying consolidated balance sheets .non-recourse debt as of december 31 , 2010 is scheduled to reach maturity as set forth in the table below : december 31 , annual maturities ( in millions ) . december 31, | annual maturities ( in millions )
2011 | $ 2577
2012 | 657
2013 | 953
2014 | 1839
2015 | 1138
thereafter | 7957
total non-recourse debt | $ 15121 as of december 31 , 2010 , aes subsidiaries with facilities under construction had a total of approximately $ 432 million of committed but unused credit facilities available to fund construction and other related costs .excluding these facilities under construction , aes subsidiaries had approximately $ 893 million in a number of available but unused committed revolving credit lines to support their working capital , debt service reserves and other business needs .these credit lines can be used in one or more of the following ways : solely for borrowings ; solely for letters of credit ; or a combination of these uses .the weighted average interest rate on borrowings from these facilities was 3.24% ( 3.24 % ) at december 31 , 2010 .non-recourse debt covenants , restrictions and defaults the terms of the company 2019s non-recourse debt include certain financial and non-financial covenants .these covenants are limited to subsidiary activity and vary among the subsidiaries .these covenants may include but are not limited to maintenance of certain reserves , minimum levels of working capital and limitations on incurring additional indebtedness .compliance with certain covenants may not be objectively determinable .as of december 31 , 2010 and 2009 , approximately $ 803 million and $ 653 million , respectively , of restricted cash was maintained in accordance with certain covenants of the non-recourse debt agreements , and these amounts were included within 201crestricted cash 201d and 201cdebt service reserves and other deposits 201d in the accompanying consolidated balance sheets .various lender and governmental provisions restrict the ability of certain of the company 2019s subsidiaries to transfer their net assets to the parent company .such restricted net assets of subsidiaries amounted to approximately $ 5.4 billion at december 31 , 2010. .
Question: as of december 31, 2010, what was the amount of the non-recourse debt due in 2012?
Steps: Ask for number 657
Answer: 657.0
Question: and what was that total non-recourse debt?
Steps: Ask for number 15121
Answer: 15121.0
Question: what percentage, then, did that amount represent in relation to this total?
Steps: divide(657, 15121)
Answer: 0.04345
Question: and what percentage did the amount of debt due in 2013 represent?
| convfinqa2537 |
28 , 35 , or 90 days .the funds associated with failed auctions will not be accessible until a successful auction occurs or a buyer is found outside of the auction process .based on broker- dealer valuation models and an analysis of other-than-temporary impairment factors , auction rate securities with an original par value of approximately $ 34 million were written-down to an estimated fair value of $ 16 million as of december 31 , 2007 .this write-down resulted in an 201cother-than-temporary 201d impairment charge of approximately $ 8 million ( pre-tax ) included in net income and a temporary impairment charge of $ 10 million ( pre-tax ) reflected as an unrealized loss within other comprehensive income for 2007 .as of december 31 , 2007 , these investments in auction rate securities have been in a loss position for less than six months .these auction rate securities are classified as non-current marketable securities as of december 31 , 2007 as indicated in the preceding table .3m reviews impairments associated with the above in accordance with emerging issues task force ( eitf ) 03-1 and fsp sfas 115-1 and 124-1 , 201cthe meaning of other-than-temporary-impairment and its application to certain investments , 201d to determine the classification of the impairment as 201ctemporary 201d or 201cother-than-temporary . 201d a temporary impairment charge results in an unrealized loss being recorded in the other comprehensive income component of stockholders 2019 equity .such an unrealized loss does not reduce net income for the applicable accounting period because the loss is not viewed as other-than-temporary .the company believes that a portion of the impairment of its auction rate securities investments is temporary and a portion is other-than-temporary .the factors evaluated to differentiate between temporary and other-than-temporary include the projected future cash flows , credit ratings actions , and assessment of the credit quality of the underlying collateral .the balance at december 31 , 2007 for marketable securities and short-term investments by contractual maturity are shown below .actual maturities may differ from contractual maturities because the issuers of the securities may have the right to prepay obligations without prepayment penalties .dec .31 , ( millions ) 2007 . ( millions ) | dec . 31 2007
due in one year or less | $ 231
due after one year through three years | 545
due after three years through five years | 221
due after five years | 62
total marketable securities | $ 1059 predetermined intervals , usually every 7 .
Question: what was the original par value of the auction rate securities, in millions?
| 34.0 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
28 , 35 , or 90 days .the funds associated with failed auctions will not be accessible until a successful auction occurs or a buyer is found outside of the auction process .based on broker- dealer valuation models and an analysis of other-than-temporary impairment factors , auction rate securities with an original par value of approximately $ 34 million were written-down to an estimated fair value of $ 16 million as of december 31 , 2007 .this write-down resulted in an 201cother-than-temporary 201d impairment charge of approximately $ 8 million ( pre-tax ) included in net income and a temporary impairment charge of $ 10 million ( pre-tax ) reflected as an unrealized loss within other comprehensive income for 2007 .as of december 31 , 2007 , these investments in auction rate securities have been in a loss position for less than six months .these auction rate securities are classified as non-current marketable securities as of december 31 , 2007 as indicated in the preceding table .3m reviews impairments associated with the above in accordance with emerging issues task force ( eitf ) 03-1 and fsp sfas 115-1 and 124-1 , 201cthe meaning of other-than-temporary-impairment and its application to certain investments , 201d to determine the classification of the impairment as 201ctemporary 201d or 201cother-than-temporary . 201d a temporary impairment charge results in an unrealized loss being recorded in the other comprehensive income component of stockholders 2019 equity .such an unrealized loss does not reduce net income for the applicable accounting period because the loss is not viewed as other-than-temporary .the company believes that a portion of the impairment of its auction rate securities investments is temporary and a portion is other-than-temporary .the factors evaluated to differentiate between temporary and other-than-temporary include the projected future cash flows , credit ratings actions , and assessment of the credit quality of the underlying collateral .the balance at december 31 , 2007 for marketable securities and short-term investments by contractual maturity are shown below .actual maturities may differ from contractual maturities because the issuers of the securities may have the right to prepay obligations without prepayment penalties .dec .31 , ( millions ) 2007 . ( millions ) | dec . 31 2007
due in one year or less | $ 231
due after one year through three years | 545
due after three years through five years | 221
due after five years | 62
total marketable securities | $ 1059 predetermined intervals , usually every 7 .
Question: what was the original par value of the auction rate securities, in millions?
| convfinqa2538 |
28 , 35 , or 90 days .the funds associated with failed auctions will not be accessible until a successful auction occurs or a buyer is found outside of the auction process .based on broker- dealer valuation models and an analysis of other-than-temporary impairment factors , auction rate securities with an original par value of approximately $ 34 million were written-down to an estimated fair value of $ 16 million as of december 31 , 2007 .this write-down resulted in an 201cother-than-temporary 201d impairment charge of approximately $ 8 million ( pre-tax ) included in net income and a temporary impairment charge of $ 10 million ( pre-tax ) reflected as an unrealized loss within other comprehensive income for 2007 .as of december 31 , 2007 , these investments in auction rate securities have been in a loss position for less than six months .these auction rate securities are classified as non-current marketable securities as of december 31 , 2007 as indicated in the preceding table .3m reviews impairments associated with the above in accordance with emerging issues task force ( eitf ) 03-1 and fsp sfas 115-1 and 124-1 , 201cthe meaning of other-than-temporary-impairment and its application to certain investments , 201d to determine the classification of the impairment as 201ctemporary 201d or 201cother-than-temporary . 201d a temporary impairment charge results in an unrealized loss being recorded in the other comprehensive income component of stockholders 2019 equity .such an unrealized loss does not reduce net income for the applicable accounting period because the loss is not viewed as other-than-temporary .the company believes that a portion of the impairment of its auction rate securities investments is temporary and a portion is other-than-temporary .the factors evaluated to differentiate between temporary and other-than-temporary include the projected future cash flows , credit ratings actions , and assessment of the credit quality of the underlying collateral .the balance at december 31 , 2007 for marketable securities and short-term investments by contractual maturity are shown below .actual maturities may differ from contractual maturities because the issuers of the securities may have the right to prepay obligations without prepayment penalties .dec .31 , ( millions ) 2007 . ( millions ) | dec . 31 2007
due in one year or less | $ 231
due after one year through three years | 545
due after three years through five years | 221
due after five years | 62
total marketable securities | $ 1059 predetermined intervals , usually every 7 .
Question: what was the original par value of the auction rate securities, in millions?
Steps: Ask for number 34
Answer: 34.0
Question: and what was the estimated fair value to which they were written down, also in millions?
| 16.0 | 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.
28 , 35 , or 90 days .the funds associated with failed auctions will not be accessible until a successful auction occurs or a buyer is found outside of the auction process .based on broker- dealer valuation models and an analysis of other-than-temporary impairment factors , auction rate securities with an original par value of approximately $ 34 million were written-down to an estimated fair value of $ 16 million as of december 31 , 2007 .this write-down resulted in an 201cother-than-temporary 201d impairment charge of approximately $ 8 million ( pre-tax ) included in net income and a temporary impairment charge of $ 10 million ( pre-tax ) reflected as an unrealized loss within other comprehensive income for 2007 .as of december 31 , 2007 , these investments in auction rate securities have been in a loss position for less than six months .these auction rate securities are classified as non-current marketable securities as of december 31 , 2007 as indicated in the preceding table .3m reviews impairments associated with the above in accordance with emerging issues task force ( eitf ) 03-1 and fsp sfas 115-1 and 124-1 , 201cthe meaning of other-than-temporary-impairment and its application to certain investments , 201d to determine the classification of the impairment as 201ctemporary 201d or 201cother-than-temporary . 201d a temporary impairment charge results in an unrealized loss being recorded in the other comprehensive income component of stockholders 2019 equity .such an unrealized loss does not reduce net income for the applicable accounting period because the loss is not viewed as other-than-temporary .the company believes that a portion of the impairment of its auction rate securities investments is temporary and a portion is other-than-temporary .the factors evaluated to differentiate between temporary and other-than-temporary include the projected future cash flows , credit ratings actions , and assessment of the credit quality of the underlying collateral .the balance at december 31 , 2007 for marketable securities and short-term investments by contractual maturity are shown below .actual maturities may differ from contractual maturities because the issuers of the securities may have the right to prepay obligations without prepayment penalties .dec .31 , ( millions ) 2007 . ( millions ) | dec . 31 2007
due in one year or less | $ 231
due after one year through three years | 545
due after three years through five years | 221
due after five years | 62
total marketable securities | $ 1059 predetermined intervals , usually every 7 .
Question: what was the original par value of the auction rate securities, in millions?
Steps: Ask for number 34
Answer: 34.0
Question: and what was the estimated fair value to which they were written down, also in millions?
| convfinqa2539 |
28 , 35 , or 90 days .the funds associated with failed auctions will not be accessible until a successful auction occurs or a buyer is found outside of the auction process .based on broker- dealer valuation models and an analysis of other-than-temporary impairment factors , auction rate securities with an original par value of approximately $ 34 million were written-down to an estimated fair value of $ 16 million as of december 31 , 2007 .this write-down resulted in an 201cother-than-temporary 201d impairment charge of approximately $ 8 million ( pre-tax ) included in net income and a temporary impairment charge of $ 10 million ( pre-tax ) reflected as an unrealized loss within other comprehensive income for 2007 .as of december 31 , 2007 , these investments in auction rate securities have been in a loss position for less than six months .these auction rate securities are classified as non-current marketable securities as of december 31 , 2007 as indicated in the preceding table .3m reviews impairments associated with the above in accordance with emerging issues task force ( eitf ) 03-1 and fsp sfas 115-1 and 124-1 , 201cthe meaning of other-than-temporary-impairment and its application to certain investments , 201d to determine the classification of the impairment as 201ctemporary 201d or 201cother-than-temporary . 201d a temporary impairment charge results in an unrealized loss being recorded in the other comprehensive income component of stockholders 2019 equity .such an unrealized loss does not reduce net income for the applicable accounting period because the loss is not viewed as other-than-temporary .the company believes that a portion of the impairment of its auction rate securities investments is temporary and a portion is other-than-temporary .the factors evaluated to differentiate between temporary and other-than-temporary include the projected future cash flows , credit ratings actions , and assessment of the credit quality of the underlying collateral .the balance at december 31 , 2007 for marketable securities and short-term investments by contractual maturity are shown below .actual maturities may differ from contractual maturities because the issuers of the securities may have the right to prepay obligations without prepayment penalties .dec .31 , ( millions ) 2007 . ( millions ) | dec . 31 2007
due in one year or less | $ 231
due after one year through three years | 545
due after three years through five years | 221
due after five years | 62
total marketable securities | $ 1059 predetermined intervals , usually every 7 .
Question: what was the original par value of the auction rate securities, in millions?
Steps: Ask for number 34
Answer: 34.0
Question: and what was the estimated fair value to which they were written down, also in millions?
Steps: Ask for number 16
Answer: 16.0
Question: what was, then, the change in the value?
| 18.0 | 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.
28 , 35 , or 90 days .the funds associated with failed auctions will not be accessible until a successful auction occurs or a buyer is found outside of the auction process .based on broker- dealer valuation models and an analysis of other-than-temporary impairment factors , auction rate securities with an original par value of approximately $ 34 million were written-down to an estimated fair value of $ 16 million as of december 31 , 2007 .this write-down resulted in an 201cother-than-temporary 201d impairment charge of approximately $ 8 million ( pre-tax ) included in net income and a temporary impairment charge of $ 10 million ( pre-tax ) reflected as an unrealized loss within other comprehensive income for 2007 .as of december 31 , 2007 , these investments in auction rate securities have been in a loss position for less than six months .these auction rate securities are classified as non-current marketable securities as of december 31 , 2007 as indicated in the preceding table .3m reviews impairments associated with the above in accordance with emerging issues task force ( eitf ) 03-1 and fsp sfas 115-1 and 124-1 , 201cthe meaning of other-than-temporary-impairment and its application to certain investments , 201d to determine the classification of the impairment as 201ctemporary 201d or 201cother-than-temporary . 201d a temporary impairment charge results in an unrealized loss being recorded in the other comprehensive income component of stockholders 2019 equity .such an unrealized loss does not reduce net income for the applicable accounting period because the loss is not viewed as other-than-temporary .the company believes that a portion of the impairment of its auction rate securities investments is temporary and a portion is other-than-temporary .the factors evaluated to differentiate between temporary and other-than-temporary include the projected future cash flows , credit ratings actions , and assessment of the credit quality of the underlying collateral .the balance at december 31 , 2007 for marketable securities and short-term investments by contractual maturity are shown below .actual maturities may differ from contractual maturities because the issuers of the securities may have the right to prepay obligations without prepayment penalties .dec .31 , ( millions ) 2007 . ( millions ) | dec . 31 2007
due in one year or less | $ 231
due after one year through three years | 545
due after three years through five years | 221
due after five years | 62
total marketable securities | $ 1059 predetermined intervals , usually every 7 .
Question: what was the original par value of the auction rate securities, in millions?
Steps: Ask for number 34
Answer: 34.0
Question: and what was the estimated fair value to which they were written down, also in millions?
Steps: Ask for number 16
Answer: 16.0
Question: what was, then, the change in the value?
| convfinqa2540 |
28 , 35 , or 90 days .the funds associated with failed auctions will not be accessible until a successful auction occurs or a buyer is found outside of the auction process .based on broker- dealer valuation models and an analysis of other-than-temporary impairment factors , auction rate securities with an original par value of approximately $ 34 million were written-down to an estimated fair value of $ 16 million as of december 31 , 2007 .this write-down resulted in an 201cother-than-temporary 201d impairment charge of approximately $ 8 million ( pre-tax ) included in net income and a temporary impairment charge of $ 10 million ( pre-tax ) reflected as an unrealized loss within other comprehensive income for 2007 .as of december 31 , 2007 , these investments in auction rate securities have been in a loss position for less than six months .these auction rate securities are classified as non-current marketable securities as of december 31 , 2007 as indicated in the preceding table .3m reviews impairments associated with the above in accordance with emerging issues task force ( eitf ) 03-1 and fsp sfas 115-1 and 124-1 , 201cthe meaning of other-than-temporary-impairment and its application to certain investments , 201d to determine the classification of the impairment as 201ctemporary 201d or 201cother-than-temporary . 201d a temporary impairment charge results in an unrealized loss being recorded in the other comprehensive income component of stockholders 2019 equity .such an unrealized loss does not reduce net income for the applicable accounting period because the loss is not viewed as other-than-temporary .the company believes that a portion of the impairment of its auction rate securities investments is temporary and a portion is other-than-temporary .the factors evaluated to differentiate between temporary and other-than-temporary include the projected future cash flows , credit ratings actions , and assessment of the credit quality of the underlying collateral .the balance at december 31 , 2007 for marketable securities and short-term investments by contractual maturity are shown below .actual maturities may differ from contractual maturities because the issuers of the securities may have the right to prepay obligations without prepayment penalties .dec .31 , ( millions ) 2007 . ( millions ) | dec . 31 2007
due in one year or less | $ 231
due after one year through three years | 545
due after three years through five years | 221
due after five years | 62
total marketable securities | $ 1059 predetermined intervals , usually every 7 .
Question: what was the original par value of the auction rate securities, in millions?
Steps: Ask for number 34
Answer: 34.0
Question: and what was the estimated fair value to which they were written down, also in millions?
Steps: Ask for number 16
Answer: 16.0
Question: what was, then, the change in the value?
Steps: subtract(34, 16)
Answer: 18.0
Question: and how much does this change represent in relation to the original value?
| 0.52941 | 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.
28 , 35 , or 90 days .the funds associated with failed auctions will not be accessible until a successful auction occurs or a buyer is found outside of the auction process .based on broker- dealer valuation models and an analysis of other-than-temporary impairment factors , auction rate securities with an original par value of approximately $ 34 million were written-down to an estimated fair value of $ 16 million as of december 31 , 2007 .this write-down resulted in an 201cother-than-temporary 201d impairment charge of approximately $ 8 million ( pre-tax ) included in net income and a temporary impairment charge of $ 10 million ( pre-tax ) reflected as an unrealized loss within other comprehensive income for 2007 .as of december 31 , 2007 , these investments in auction rate securities have been in a loss position for less than six months .these auction rate securities are classified as non-current marketable securities as of december 31 , 2007 as indicated in the preceding table .3m reviews impairments associated with the above in accordance with emerging issues task force ( eitf ) 03-1 and fsp sfas 115-1 and 124-1 , 201cthe meaning of other-than-temporary-impairment and its application to certain investments , 201d to determine the classification of the impairment as 201ctemporary 201d or 201cother-than-temporary . 201d a temporary impairment charge results in an unrealized loss being recorded in the other comprehensive income component of stockholders 2019 equity .such an unrealized loss does not reduce net income for the applicable accounting period because the loss is not viewed as other-than-temporary .the company believes that a portion of the impairment of its auction rate securities investments is temporary and a portion is other-than-temporary .the factors evaluated to differentiate between temporary and other-than-temporary include the projected future cash flows , credit ratings actions , and assessment of the credit quality of the underlying collateral .the balance at december 31 , 2007 for marketable securities and short-term investments by contractual maturity are shown below .actual maturities may differ from contractual maturities because the issuers of the securities may have the right to prepay obligations without prepayment penalties .dec .31 , ( millions ) 2007 . ( millions ) | dec . 31 2007
due in one year or less | $ 231
due after one year through three years | 545
due after three years through five years | 221
due after five years | 62
total marketable securities | $ 1059 predetermined intervals , usually every 7 .
Question: what was the original par value of the auction rate securities, in millions?
Steps: Ask for number 34
Answer: 34.0
Question: and what was the estimated fair value to which they were written down, also in millions?
Steps: Ask for number 16
Answer: 16.0
Question: what was, then, the change in the value?
Steps: subtract(34, 16)
Answer: 18.0
Question: and how much does this change represent in relation to the original value?
| convfinqa2541 |
management 2019s discussion and analysis net revenues in equities were $ 8.26 billion for 2011 , 2% ( 2 % ) higher than 2010 .during 2011 , average volatility levels increased and equity prices in europe and asia declined significantly , particularly during the third quarter .the increase in net revenues reflected higher commissions and fees , primarily due to higher market volumes , particularly during the third quarter of 2011 .in addition , net revenues in securities services increased compared with 2010 , reflecting the impact of higher average customer balances .equities client execution net revenues were lower than 2010 , primarily reflecting significantly lower net revenues in shares .the net gain attributable to the impact of changes in our own credit spreads on borrowings for which the fair value option was elected was $ 596 million ( $ 399 million and $ 197 million related to fixed income , currency and commodities client execution and equities client execution , respectively ) for 2011 , compared with a net gain of $ 198 million ( $ 188 million and $ 10 million related to fixed income , currency and commodities client execution and equities client execution , respectively ) for 2010 .institutional client services operated in an environment generally characterized by increased concerns regarding the weakened state of global economies , including heightened european sovereign debt risk , and its impact on the european banking system and global financial institutions .these conditions also impacted expectations for economic prospects in the united states and were reflected in equity and debt markets more broadly .in addition , the downgrade in credit ratings of the u.s .government and federal agencies and many financial institutions during the second half of 2011 contributed to further uncertainty in the markets .these concerns , as well as other broad market concerns , such as uncertainty over financial regulatory reform , continued to have a negative impact on our net revenues during 2011 .operating expenses were $ 12.84 billion for 2011 , 14% ( 14 % ) lower than 2010 , due to decreased compensation and benefits expenses , primarily resulting from lower net revenues , lower net provisions for litigation and regulatory proceedings ( 2010 included $ 550 million related to a settlement with the sec ) , the impact of the u.k .bank payroll tax during 2010 , as well as an impairment of our nyse dmm rights of $ 305 million during 2010 .these decreases were partially offset by higher brokerage , clearing , exchange and distribution fees , principally reflecting higher transaction volumes in equities .pre-tax earnings were $ 4.44 billion in 2011 , 35% ( 35 % ) lower than 2010 .investing & lending investing & lending includes our investing activities and the origination of loans to provide financing to clients .these investments and loans are typically longer-term in nature .we make investments , directly and indirectly through funds that we manage , in debt securities and loans , public and private equity securities , real estate , consolidated investment entities and power generation facilities .the table below presents the operating results of our investing & lending segment. . in millions | year ended december 2012 | year ended december 2011 | year ended december 2010
icbc | $ 408 | $ -517 ( 517 ) | $ 747
equity securities ( excluding icbc ) | 2392 | 1120 | 2692
debt securities and loans | 1850 | 96 | 2597
other | 1241 | 1443 | 1505
total net revenues | 5891 | 2142 | 7541
operating expenses | 2666 | 2673 | 3361
pre-tax earnings/ ( loss ) | $ 3225 | $ -531 ( 531 ) | $ 4180 2012 versus 2011 .net revenues in investing & lending were $ 5.89 billion and $ 2.14 billion for 2012 and 2011 , respectively .during 2012 , investing & lending net revenues were positively impacted by tighter credit spreads and an increase in global equity prices .results for 2012 included a gain of $ 408 million from our investment in the ordinary shares of icbc , net gains of $ 2.39 billion from other investments in equities , primarily in private equities , net gains and net interest income of $ 1.85 billion from debt securities and loans , and other net revenues of $ 1.24 billion , principally related to our consolidated investment entities .if equity markets decline or credit spreads widen , net revenues in investing & lending would likely be negatively impacted .operating expenses were $ 2.67 billion for 2012 , essentially unchanged compared with 2011 .pre-tax earnings were $ 3.23 billion in 2012 , compared with a pre-tax loss of $ 531 million in 2011 .goldman sachs 2012 annual report 55 .
Question: in the year of 2012, what percentage of the total net revenues were due to equity securities ( excluding icbc ) revenues?
| 0.40604 | 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 net revenues in equities were $ 8.26 billion for 2011 , 2% ( 2 % ) higher than 2010 .during 2011 , average volatility levels increased and equity prices in europe and asia declined significantly , particularly during the third quarter .the increase in net revenues reflected higher commissions and fees , primarily due to higher market volumes , particularly during the third quarter of 2011 .in addition , net revenues in securities services increased compared with 2010 , reflecting the impact of higher average customer balances .equities client execution net revenues were lower than 2010 , primarily reflecting significantly lower net revenues in shares .the net gain attributable to the impact of changes in our own credit spreads on borrowings for which the fair value option was elected was $ 596 million ( $ 399 million and $ 197 million related to fixed income , currency and commodities client execution and equities client execution , respectively ) for 2011 , compared with a net gain of $ 198 million ( $ 188 million and $ 10 million related to fixed income , currency and commodities client execution and equities client execution , respectively ) for 2010 .institutional client services operated in an environment generally characterized by increased concerns regarding the weakened state of global economies , including heightened european sovereign debt risk , and its impact on the european banking system and global financial institutions .these conditions also impacted expectations for economic prospects in the united states and were reflected in equity and debt markets more broadly .in addition , the downgrade in credit ratings of the u.s .government and federal agencies and many financial institutions during the second half of 2011 contributed to further uncertainty in the markets .these concerns , as well as other broad market concerns , such as uncertainty over financial regulatory reform , continued to have a negative impact on our net revenues during 2011 .operating expenses were $ 12.84 billion for 2011 , 14% ( 14 % ) lower than 2010 , due to decreased compensation and benefits expenses , primarily resulting from lower net revenues , lower net provisions for litigation and regulatory proceedings ( 2010 included $ 550 million related to a settlement with the sec ) , the impact of the u.k .bank payroll tax during 2010 , as well as an impairment of our nyse dmm rights of $ 305 million during 2010 .these decreases were partially offset by higher brokerage , clearing , exchange and distribution fees , principally reflecting higher transaction volumes in equities .pre-tax earnings were $ 4.44 billion in 2011 , 35% ( 35 % ) lower than 2010 .investing & lending investing & lending includes our investing activities and the origination of loans to provide financing to clients .these investments and loans are typically longer-term in nature .we make investments , directly and indirectly through funds that we manage , in debt securities and loans , public and private equity securities , real estate , consolidated investment entities and power generation facilities .the table below presents the operating results of our investing & lending segment. . in millions | year ended december 2012 | year ended december 2011 | year ended december 2010
icbc | $ 408 | $ -517 ( 517 ) | $ 747
equity securities ( excluding icbc ) | 2392 | 1120 | 2692
debt securities and loans | 1850 | 96 | 2597
other | 1241 | 1443 | 1505
total net revenues | 5891 | 2142 | 7541
operating expenses | 2666 | 2673 | 3361
pre-tax earnings/ ( loss ) | $ 3225 | $ -531 ( 531 ) | $ 4180 2012 versus 2011 .net revenues in investing & lending were $ 5.89 billion and $ 2.14 billion for 2012 and 2011 , respectively .during 2012 , investing & lending net revenues were positively impacted by tighter credit spreads and an increase in global equity prices .results for 2012 included a gain of $ 408 million from our investment in the ordinary shares of icbc , net gains of $ 2.39 billion from other investments in equities , primarily in private equities , net gains and net interest income of $ 1.85 billion from debt securities and loans , and other net revenues of $ 1.24 billion , principally related to our consolidated investment entities .if equity markets decline or credit spreads widen , net revenues in investing & lending would likely be negatively impacted .operating expenses were $ 2.67 billion for 2012 , essentially unchanged compared with 2011 .pre-tax earnings were $ 3.23 billion in 2012 , compared with a pre-tax loss of $ 531 million in 2011 .goldman sachs 2012 annual report 55 .
Question: in the year of 2012, what percentage of the total net revenues were due to equity securities ( excluding icbc ) revenues?
| convfinqa2542 |
management 2019s discussion and analysis net revenues in equities were $ 8.26 billion for 2011 , 2% ( 2 % ) higher than 2010 .during 2011 , average volatility levels increased and equity prices in europe and asia declined significantly , particularly during the third quarter .the increase in net revenues reflected higher commissions and fees , primarily due to higher market volumes , particularly during the third quarter of 2011 .in addition , net revenues in securities services increased compared with 2010 , reflecting the impact of higher average customer balances .equities client execution net revenues were lower than 2010 , primarily reflecting significantly lower net revenues in shares .the net gain attributable to the impact of changes in our own credit spreads on borrowings for which the fair value option was elected was $ 596 million ( $ 399 million and $ 197 million related to fixed income , currency and commodities client execution and equities client execution , respectively ) for 2011 , compared with a net gain of $ 198 million ( $ 188 million and $ 10 million related to fixed income , currency and commodities client execution and equities client execution , respectively ) for 2010 .institutional client services operated in an environment generally characterized by increased concerns regarding the weakened state of global economies , including heightened european sovereign debt risk , and its impact on the european banking system and global financial institutions .these conditions also impacted expectations for economic prospects in the united states and were reflected in equity and debt markets more broadly .in addition , the downgrade in credit ratings of the u.s .government and federal agencies and many financial institutions during the second half of 2011 contributed to further uncertainty in the markets .these concerns , as well as other broad market concerns , such as uncertainty over financial regulatory reform , continued to have a negative impact on our net revenues during 2011 .operating expenses were $ 12.84 billion for 2011 , 14% ( 14 % ) lower than 2010 , due to decreased compensation and benefits expenses , primarily resulting from lower net revenues , lower net provisions for litigation and regulatory proceedings ( 2010 included $ 550 million related to a settlement with the sec ) , the impact of the u.k .bank payroll tax during 2010 , as well as an impairment of our nyse dmm rights of $ 305 million during 2010 .these decreases were partially offset by higher brokerage , clearing , exchange and distribution fees , principally reflecting higher transaction volumes in equities .pre-tax earnings were $ 4.44 billion in 2011 , 35% ( 35 % ) lower than 2010 .investing & lending investing & lending includes our investing activities and the origination of loans to provide financing to clients .these investments and loans are typically longer-term in nature .we make investments , directly and indirectly through funds that we manage , in debt securities and loans , public and private equity securities , real estate , consolidated investment entities and power generation facilities .the table below presents the operating results of our investing & lending segment. . in millions | year ended december 2012 | year ended december 2011 | year ended december 2010
icbc | $ 408 | $ -517 ( 517 ) | $ 747
equity securities ( excluding icbc ) | 2392 | 1120 | 2692
debt securities and loans | 1850 | 96 | 2597
other | 1241 | 1443 | 1505
total net revenues | 5891 | 2142 | 7541
operating expenses | 2666 | 2673 | 3361
pre-tax earnings/ ( loss ) | $ 3225 | $ -531 ( 531 ) | $ 4180 2012 versus 2011 .net revenues in investing & lending were $ 5.89 billion and $ 2.14 billion for 2012 and 2011 , respectively .during 2012 , investing & lending net revenues were positively impacted by tighter credit spreads and an increase in global equity prices .results for 2012 included a gain of $ 408 million from our investment in the ordinary shares of icbc , net gains of $ 2.39 billion from other investments in equities , primarily in private equities , net gains and net interest income of $ 1.85 billion from debt securities and loans , and other net revenues of $ 1.24 billion , principally related to our consolidated investment entities .if equity markets decline or credit spreads widen , net revenues in investing & lending would likely be negatively impacted .operating expenses were $ 2.67 billion for 2012 , essentially unchanged compared with 2011 .pre-tax earnings were $ 3.23 billion in 2012 , compared with a pre-tax loss of $ 531 million in 2011 .goldman sachs 2012 annual report 55 .
Question: in the year of 2012, what percentage of the total net revenues were due to equity securities ( excluding icbc ) revenues?
Steps: divide(2392, 5891)
Answer: 0.40604
Question: and what was that percentage representation in the previous year, in 2011?
| 0.52288 | 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 net revenues in equities were $ 8.26 billion for 2011 , 2% ( 2 % ) higher than 2010 .during 2011 , average volatility levels increased and equity prices in europe and asia declined significantly , particularly during the third quarter .the increase in net revenues reflected higher commissions and fees , primarily due to higher market volumes , particularly during the third quarter of 2011 .in addition , net revenues in securities services increased compared with 2010 , reflecting the impact of higher average customer balances .equities client execution net revenues were lower than 2010 , primarily reflecting significantly lower net revenues in shares .the net gain attributable to the impact of changes in our own credit spreads on borrowings for which the fair value option was elected was $ 596 million ( $ 399 million and $ 197 million related to fixed income , currency and commodities client execution and equities client execution , respectively ) for 2011 , compared with a net gain of $ 198 million ( $ 188 million and $ 10 million related to fixed income , currency and commodities client execution and equities client execution , respectively ) for 2010 .institutional client services operated in an environment generally characterized by increased concerns regarding the weakened state of global economies , including heightened european sovereign debt risk , and its impact on the european banking system and global financial institutions .these conditions also impacted expectations for economic prospects in the united states and were reflected in equity and debt markets more broadly .in addition , the downgrade in credit ratings of the u.s .government and federal agencies and many financial institutions during the second half of 2011 contributed to further uncertainty in the markets .these concerns , as well as other broad market concerns , such as uncertainty over financial regulatory reform , continued to have a negative impact on our net revenues during 2011 .operating expenses were $ 12.84 billion for 2011 , 14% ( 14 % ) lower than 2010 , due to decreased compensation and benefits expenses , primarily resulting from lower net revenues , lower net provisions for litigation and regulatory proceedings ( 2010 included $ 550 million related to a settlement with the sec ) , the impact of the u.k .bank payroll tax during 2010 , as well as an impairment of our nyse dmm rights of $ 305 million during 2010 .these decreases were partially offset by higher brokerage , clearing , exchange and distribution fees , principally reflecting higher transaction volumes in equities .pre-tax earnings were $ 4.44 billion in 2011 , 35% ( 35 % ) lower than 2010 .investing & lending investing & lending includes our investing activities and the origination of loans to provide financing to clients .these investments and loans are typically longer-term in nature .we make investments , directly and indirectly through funds that we manage , in debt securities and loans , public and private equity securities , real estate , consolidated investment entities and power generation facilities .the table below presents the operating results of our investing & lending segment. . in millions | year ended december 2012 | year ended december 2011 | year ended december 2010
icbc | $ 408 | $ -517 ( 517 ) | $ 747
equity securities ( excluding icbc ) | 2392 | 1120 | 2692
debt securities and loans | 1850 | 96 | 2597
other | 1241 | 1443 | 1505
total net revenues | 5891 | 2142 | 7541
operating expenses | 2666 | 2673 | 3361
pre-tax earnings/ ( loss ) | $ 3225 | $ -531 ( 531 ) | $ 4180 2012 versus 2011 .net revenues in investing & lending were $ 5.89 billion and $ 2.14 billion for 2012 and 2011 , respectively .during 2012 , investing & lending net revenues were positively impacted by tighter credit spreads and an increase in global equity prices .results for 2012 included a gain of $ 408 million from our investment in the ordinary shares of icbc , net gains of $ 2.39 billion from other investments in equities , primarily in private equities , net gains and net interest income of $ 1.85 billion from debt securities and loans , and other net revenues of $ 1.24 billion , principally related to our consolidated investment entities .if equity markets decline or credit spreads widen , net revenues in investing & lending would likely be negatively impacted .operating expenses were $ 2.67 billion for 2012 , essentially unchanged compared with 2011 .pre-tax earnings were $ 3.23 billion in 2012 , compared with a pre-tax loss of $ 531 million in 2011 .goldman sachs 2012 annual report 55 .
Question: in the year of 2012, what percentage of the total net revenues were due to equity securities ( excluding icbc ) revenues?
Steps: divide(2392, 5891)
Answer: 0.40604
Question: and what was that percentage representation in the previous year, in 2011?
| convfinqa2543 |
reach in the united states , adding a 1400-person direct sales force , over 300000 merchants and $ 130 billion in annual payments volume .goodwill of $ 3.2 billion arising from the merger , included in the north america segment , was attributable to expected growth opportunities , potential synergies from combining our existing businesses and an assembled workforce , and is not deductible for income tax purposes .due to the timing of our merger with heartland , we are still in the process of assigning goodwill to our reporting units .during the year ended may 31 , 2016 , we incurred transaction costs in connection with the merger of $ 24.4 million , which are recorded in selling , general and administrative expenses in the consolidated statements of income .the following reflects the preliminary estimated fair values of the identified intangible assets ( in thousands ) : . customer-related intangible assets | $ 977400
acquired technology | 457000
trademarks and trade names | 176000
covenants-not-to-compete | 28640
total estimated acquired intangible assets | $ 1639040 the preliminary estimated fair value of customer-related intangible assets was determined using the income approach , which is based on projected cash flows discounted to their present value using discount rates that consider the timing and risk of the forecasted cash flows .the discount rate used is the average estimated value of a market participant 2019s cost of capital and debt , derived using customary market metrics .other significant assumptions include terminal value margin rates , future capital expenditures and future working capital requirements .acquired technology was valued using the replacement cost method , which required us to estimate the cost to construct an asset of equivalent utility at prices available at the time of the valuation analysis , with adjustments in value for physical deterioration and functional and economic obsolescence .trademarks and trade names were valued using the relief-from-royalty approach .this method assumes that trade marks and trade names have value to the extent that their owner is relieved of the obligation to pay royalties for the benefits received from them .this method required us to estimate the future revenue for the related brands , the appropriate royalty rate and the weighted-average cost of capital .the discount rate used is the average estimated value of a market participant 2019s cost of capital and debt , derived using customary market metrics .the weighted-average estimated amortization period for the total estimated acquired intangible assets is approximately 11 years .the customer-related intangible assets have an estimated amortization period range of 7-20 years .the acquired technology has an estimated amortization period of 5 years .the trademarks and trade names have an estimated amortization period of 7 years .covenants-not-to-compete have an estimated amortization period range of 1-4 years .heartland 2019s revenues and operating income represented approximately 4% ( 4 % ) and less than 0.5% ( 0.5 % ) of our total consolidated revenues and operating income , respectively , for the year ended may 31 , 2016 .the following unaudited pro forma information shows the results of our operations for the years ended may 31 , 2016 and may 31 , 2015 as if our merger with heartland had occurred on june 1 , 2014 .the unaudited pro forma information reflects the effects of applying our accounting policies and certain pro forma adjustments to the combined historical financial information of global payments and heartland .the pro forma adjustments include incremental amortization and depreciation expense , incremental interest expense associated with new long-term debt , a reduction of revenues and operating expenses associated with fair value adjustments made in applying the acquisition-method of accounting and the elimination of nonrecurring transaction costs directly related to the merger .global payments inc .| 2016 form 10-k annual report 2013 67 .
Question: what was the amount of the amortization of the trademarks and trade names segment?
| 176000.0 | 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.
reach in the united states , adding a 1400-person direct sales force , over 300000 merchants and $ 130 billion in annual payments volume .goodwill of $ 3.2 billion arising from the merger , included in the north america segment , was attributable to expected growth opportunities , potential synergies from combining our existing businesses and an assembled workforce , and is not deductible for income tax purposes .due to the timing of our merger with heartland , we are still in the process of assigning goodwill to our reporting units .during the year ended may 31 , 2016 , we incurred transaction costs in connection with the merger of $ 24.4 million , which are recorded in selling , general and administrative expenses in the consolidated statements of income .the following reflects the preliminary estimated fair values of the identified intangible assets ( in thousands ) : . customer-related intangible assets | $ 977400
acquired technology | 457000
trademarks and trade names | 176000
covenants-not-to-compete | 28640
total estimated acquired intangible assets | $ 1639040 the preliminary estimated fair value of customer-related intangible assets was determined using the income approach , which is based on projected cash flows discounted to their present value using discount rates that consider the timing and risk of the forecasted cash flows .the discount rate used is the average estimated value of a market participant 2019s cost of capital and debt , derived using customary market metrics .other significant assumptions include terminal value margin rates , future capital expenditures and future working capital requirements .acquired technology was valued using the replacement cost method , which required us to estimate the cost to construct an asset of equivalent utility at prices available at the time of the valuation analysis , with adjustments in value for physical deterioration and functional and economic obsolescence .trademarks and trade names were valued using the relief-from-royalty approach .this method assumes that trade marks and trade names have value to the extent that their owner is relieved of the obligation to pay royalties for the benefits received from them .this method required us to estimate the future revenue for the related brands , the appropriate royalty rate and the weighted-average cost of capital .the discount rate used is the average estimated value of a market participant 2019s cost of capital and debt , derived using customary market metrics .the weighted-average estimated amortization period for the total estimated acquired intangible assets is approximately 11 years .the customer-related intangible assets have an estimated amortization period range of 7-20 years .the acquired technology has an estimated amortization period of 5 years .the trademarks and trade names have an estimated amortization period of 7 years .covenants-not-to-compete have an estimated amortization period range of 1-4 years .heartland 2019s revenues and operating income represented approximately 4% ( 4 % ) and less than 0.5% ( 0.5 % ) of our total consolidated revenues and operating income , respectively , for the year ended may 31 , 2016 .the following unaudited pro forma information shows the results of our operations for the years ended may 31 , 2016 and may 31 , 2015 as if our merger with heartland had occurred on june 1 , 2014 .the unaudited pro forma information reflects the effects of applying our accounting policies and certain pro forma adjustments to the combined historical financial information of global payments and heartland .the pro forma adjustments include incremental amortization and depreciation expense , incremental interest expense associated with new long-term debt , a reduction of revenues and operating expenses associated with fair value adjustments made in applying the acquisition-method of accounting and the elimination of nonrecurring transaction costs directly related to the merger .global payments inc .| 2016 form 10-k annual report 2013 67 .
Question: what was the amount of the amortization of the trademarks and trade names segment?
| convfinqa2544 |
reach in the united states , adding a 1400-person direct sales force , over 300000 merchants and $ 130 billion in annual payments volume .goodwill of $ 3.2 billion arising from the merger , included in the north america segment , was attributable to expected growth opportunities , potential synergies from combining our existing businesses and an assembled workforce , and is not deductible for income tax purposes .due to the timing of our merger with heartland , we are still in the process of assigning goodwill to our reporting units .during the year ended may 31 , 2016 , we incurred transaction costs in connection with the merger of $ 24.4 million , which are recorded in selling , general and administrative expenses in the consolidated statements of income .the following reflects the preliminary estimated fair values of the identified intangible assets ( in thousands ) : . customer-related intangible assets | $ 977400
acquired technology | 457000
trademarks and trade names | 176000
covenants-not-to-compete | 28640
total estimated acquired intangible assets | $ 1639040 the preliminary estimated fair value of customer-related intangible assets was determined using the income approach , which is based on projected cash flows discounted to their present value using discount rates that consider the timing and risk of the forecasted cash flows .the discount rate used is the average estimated value of a market participant 2019s cost of capital and debt , derived using customary market metrics .other significant assumptions include terminal value margin rates , future capital expenditures and future working capital requirements .acquired technology was valued using the replacement cost method , which required us to estimate the cost to construct an asset of equivalent utility at prices available at the time of the valuation analysis , with adjustments in value for physical deterioration and functional and economic obsolescence .trademarks and trade names were valued using the relief-from-royalty approach .this method assumes that trade marks and trade names have value to the extent that their owner is relieved of the obligation to pay royalties for the benefits received from them .this method required us to estimate the future revenue for the related brands , the appropriate royalty rate and the weighted-average cost of capital .the discount rate used is the average estimated value of a market participant 2019s cost of capital and debt , derived using customary market metrics .the weighted-average estimated amortization period for the total estimated acquired intangible assets is approximately 11 years .the customer-related intangible assets have an estimated amortization period range of 7-20 years .the acquired technology has an estimated amortization period of 5 years .the trademarks and trade names have an estimated amortization period of 7 years .covenants-not-to-compete have an estimated amortization period range of 1-4 years .heartland 2019s revenues and operating income represented approximately 4% ( 4 % ) and less than 0.5% ( 0.5 % ) of our total consolidated revenues and operating income , respectively , for the year ended may 31 , 2016 .the following unaudited pro forma information shows the results of our operations for the years ended may 31 , 2016 and may 31 , 2015 as if our merger with heartland had occurred on june 1 , 2014 .the unaudited pro forma information reflects the effects of applying our accounting policies and certain pro forma adjustments to the combined historical financial information of global payments and heartland .the pro forma adjustments include incremental amortization and depreciation expense , incremental interest expense associated with new long-term debt , a reduction of revenues and operating expenses associated with fair value adjustments made in applying the acquisition-method of accounting and the elimination of nonrecurring transaction costs directly related to the merger .global payments inc .| 2016 form 10-k annual report 2013 67 .
Question: what was the amount of the amortization of the trademarks and trade names segment?
Steps: Ask for number 176000
Answer: 176000.0
Question: considering the period of that amortization, what was the average yearly amortization expense?
| 25142.85714 | 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.
reach in the united states , adding a 1400-person direct sales force , over 300000 merchants and $ 130 billion in annual payments volume .goodwill of $ 3.2 billion arising from the merger , included in the north america segment , was attributable to expected growth opportunities , potential synergies from combining our existing businesses and an assembled workforce , and is not deductible for income tax purposes .due to the timing of our merger with heartland , we are still in the process of assigning goodwill to our reporting units .during the year ended may 31 , 2016 , we incurred transaction costs in connection with the merger of $ 24.4 million , which are recorded in selling , general and administrative expenses in the consolidated statements of income .the following reflects the preliminary estimated fair values of the identified intangible assets ( in thousands ) : . customer-related intangible assets | $ 977400
acquired technology | 457000
trademarks and trade names | 176000
covenants-not-to-compete | 28640
total estimated acquired intangible assets | $ 1639040 the preliminary estimated fair value of customer-related intangible assets was determined using the income approach , which is based on projected cash flows discounted to their present value using discount rates that consider the timing and risk of the forecasted cash flows .the discount rate used is the average estimated value of a market participant 2019s cost of capital and debt , derived using customary market metrics .other significant assumptions include terminal value margin rates , future capital expenditures and future working capital requirements .acquired technology was valued using the replacement cost method , which required us to estimate the cost to construct an asset of equivalent utility at prices available at the time of the valuation analysis , with adjustments in value for physical deterioration and functional and economic obsolescence .trademarks and trade names were valued using the relief-from-royalty approach .this method assumes that trade marks and trade names have value to the extent that their owner is relieved of the obligation to pay royalties for the benefits received from them .this method required us to estimate the future revenue for the related brands , the appropriate royalty rate and the weighted-average cost of capital .the discount rate used is the average estimated value of a market participant 2019s cost of capital and debt , derived using customary market metrics .the weighted-average estimated amortization period for the total estimated acquired intangible assets is approximately 11 years .the customer-related intangible assets have an estimated amortization period range of 7-20 years .the acquired technology has an estimated amortization period of 5 years .the trademarks and trade names have an estimated amortization period of 7 years .covenants-not-to-compete have an estimated amortization period range of 1-4 years .heartland 2019s revenues and operating income represented approximately 4% ( 4 % ) and less than 0.5% ( 0.5 % ) of our total consolidated revenues and operating income , respectively , for the year ended may 31 , 2016 .the following unaudited pro forma information shows the results of our operations for the years ended may 31 , 2016 and may 31 , 2015 as if our merger with heartland had occurred on june 1 , 2014 .the unaudited pro forma information reflects the effects of applying our accounting policies and certain pro forma adjustments to the combined historical financial information of global payments and heartland .the pro forma adjustments include incremental amortization and depreciation expense , incremental interest expense associated with new long-term debt , a reduction of revenues and operating expenses associated with fair value adjustments made in applying the acquisition-method of accounting and the elimination of nonrecurring transaction costs directly related to the merger .global payments inc .| 2016 form 10-k annual report 2013 67 .
Question: what was the amount of the amortization of the trademarks and trade names segment?
Steps: Ask for number 176000
Answer: 176000.0
Question: considering the period of that amortization, what was the average yearly amortization expense?
| convfinqa2545 |
reach in the united states , adding a 1400-person direct sales force , over 300000 merchants and $ 130 billion in annual payments volume .goodwill of $ 3.2 billion arising from the merger , included in the north america segment , was attributable to expected growth opportunities , potential synergies from combining our existing businesses and an assembled workforce , and is not deductible for income tax purposes .due to the timing of our merger with heartland , we are still in the process of assigning goodwill to our reporting units .during the year ended may 31 , 2016 , we incurred transaction costs in connection with the merger of $ 24.4 million , which are recorded in selling , general and administrative expenses in the consolidated statements of income .the following reflects the preliminary estimated fair values of the identified intangible assets ( in thousands ) : . customer-related intangible assets | $ 977400
acquired technology | 457000
trademarks and trade names | 176000
covenants-not-to-compete | 28640
total estimated acquired intangible assets | $ 1639040 the preliminary estimated fair value of customer-related intangible assets was determined using the income approach , which is based on projected cash flows discounted to their present value using discount rates that consider the timing and risk of the forecasted cash flows .the discount rate used is the average estimated value of a market participant 2019s cost of capital and debt , derived using customary market metrics .other significant assumptions include terminal value margin rates , future capital expenditures and future working capital requirements .acquired technology was valued using the replacement cost method , which required us to estimate the cost to construct an asset of equivalent utility at prices available at the time of the valuation analysis , with adjustments in value for physical deterioration and functional and economic obsolescence .trademarks and trade names were valued using the relief-from-royalty approach .this method assumes that trade marks and trade names have value to the extent that their owner is relieved of the obligation to pay royalties for the benefits received from them .this method required us to estimate the future revenue for the related brands , the appropriate royalty rate and the weighted-average cost of capital .the discount rate used is the average estimated value of a market participant 2019s cost of capital and debt , derived using customary market metrics .the weighted-average estimated amortization period for the total estimated acquired intangible assets is approximately 11 years .the customer-related intangible assets have an estimated amortization period range of 7-20 years .the acquired technology has an estimated amortization period of 5 years .the trademarks and trade names have an estimated amortization period of 7 years .covenants-not-to-compete have an estimated amortization period range of 1-4 years .heartland 2019s revenues and operating income represented approximately 4% ( 4 % ) and less than 0.5% ( 0.5 % ) of our total consolidated revenues and operating income , respectively , for the year ended may 31 , 2016 .the following unaudited pro forma information shows the results of our operations for the years ended may 31 , 2016 and may 31 , 2015 as if our merger with heartland had occurred on june 1 , 2014 .the unaudited pro forma information reflects the effects of applying our accounting policies and certain pro forma adjustments to the combined historical financial information of global payments and heartland .the pro forma adjustments include incremental amortization and depreciation expense , incremental interest expense associated with new long-term debt , a reduction of revenues and operating expenses associated with fair value adjustments made in applying the acquisition-method of accounting and the elimination of nonrecurring transaction costs directly related to the merger .global payments inc .| 2016 form 10-k annual report 2013 67 .
Question: what was the amount of the amortization of the trademarks and trade names segment?
Steps: Ask for number 176000
Answer: 176000.0
Question: considering the period of that amortization, what was the average yearly amortization expense?
Steps: divide(176000, const_7)
Answer: 25142.85714
Question: and what was that same average yearly amortization expense but for the acquired technology segment?
| 91400.0 | 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.
reach in the united states , adding a 1400-person direct sales force , over 300000 merchants and $ 130 billion in annual payments volume .goodwill of $ 3.2 billion arising from the merger , included in the north america segment , was attributable to expected growth opportunities , potential synergies from combining our existing businesses and an assembled workforce , and is not deductible for income tax purposes .due to the timing of our merger with heartland , we are still in the process of assigning goodwill to our reporting units .during the year ended may 31 , 2016 , we incurred transaction costs in connection with the merger of $ 24.4 million , which are recorded in selling , general and administrative expenses in the consolidated statements of income .the following reflects the preliminary estimated fair values of the identified intangible assets ( in thousands ) : . customer-related intangible assets | $ 977400
acquired technology | 457000
trademarks and trade names | 176000
covenants-not-to-compete | 28640
total estimated acquired intangible assets | $ 1639040 the preliminary estimated fair value of customer-related intangible assets was determined using the income approach , which is based on projected cash flows discounted to their present value using discount rates that consider the timing and risk of the forecasted cash flows .the discount rate used is the average estimated value of a market participant 2019s cost of capital and debt , derived using customary market metrics .other significant assumptions include terminal value margin rates , future capital expenditures and future working capital requirements .acquired technology was valued using the replacement cost method , which required us to estimate the cost to construct an asset of equivalent utility at prices available at the time of the valuation analysis , with adjustments in value for physical deterioration and functional and economic obsolescence .trademarks and trade names were valued using the relief-from-royalty approach .this method assumes that trade marks and trade names have value to the extent that their owner is relieved of the obligation to pay royalties for the benefits received from them .this method required us to estimate the future revenue for the related brands , the appropriate royalty rate and the weighted-average cost of capital .the discount rate used is the average estimated value of a market participant 2019s cost of capital and debt , derived using customary market metrics .the weighted-average estimated amortization period for the total estimated acquired intangible assets is approximately 11 years .the customer-related intangible assets have an estimated amortization period range of 7-20 years .the acquired technology has an estimated amortization period of 5 years .the trademarks and trade names have an estimated amortization period of 7 years .covenants-not-to-compete have an estimated amortization period range of 1-4 years .heartland 2019s revenues and operating income represented approximately 4% ( 4 % ) and less than 0.5% ( 0.5 % ) of our total consolidated revenues and operating income , respectively , for the year ended may 31 , 2016 .the following unaudited pro forma information shows the results of our operations for the years ended may 31 , 2016 and may 31 , 2015 as if our merger with heartland had occurred on june 1 , 2014 .the unaudited pro forma information reflects the effects of applying our accounting policies and certain pro forma adjustments to the combined historical financial information of global payments and heartland .the pro forma adjustments include incremental amortization and depreciation expense , incremental interest expense associated with new long-term debt , a reduction of revenues and operating expenses associated with fair value adjustments made in applying the acquisition-method of accounting and the elimination of nonrecurring transaction costs directly related to the merger .global payments inc .| 2016 form 10-k annual report 2013 67 .
Question: what was the amount of the amortization of the trademarks and trade names segment?
Steps: Ask for number 176000
Answer: 176000.0
Question: considering the period of that amortization, what was the average yearly amortization expense?
Steps: divide(176000, const_7)
Answer: 25142.85714
Question: and what was that same average yearly amortization expense but for the acquired technology segment?
| convfinqa2546 |
sources and uses of cash ( in millions ) in summary , our cash flows for each period were as follows : years ended ( in millions ) dec 29 , dec 30 , dec 31 . years ended ( in millions ) | dec 292018 | dec 302017 | dec 312016
net cash provided by operating activities | $ 29432 | $ 22110 | $ 21808
net cash used for investing activities | -11239 ( 11239 ) | -15762 ( 15762 ) | -25817 ( 25817 )
net cash provided by ( used for ) financing activities | -18607 ( 18607 ) | -8475 ( 8475 ) | -5739 ( 5739 )
net increase ( decrease ) in cash and cash equivalents | $ -414 ( 414 ) | $ -2127 ( 2127 ) | $ -9748 ( 9748 ) md&a consolidated results and analysis 40 .
Question: what was the value of cash provided by operating activities in 2018?
| 29432.0 | 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.
sources and uses of cash ( in millions ) in summary , our cash flows for each period were as follows : years ended ( in millions ) dec 29 , dec 30 , dec 31 . years ended ( in millions ) | dec 292018 | dec 302017 | dec 312016
net cash provided by operating activities | $ 29432 | $ 22110 | $ 21808
net cash used for investing activities | -11239 ( 11239 ) | -15762 ( 15762 ) | -25817 ( 25817 )
net cash provided by ( used for ) financing activities | -18607 ( 18607 ) | -8475 ( 8475 ) | -5739 ( 5739 )
net increase ( decrease ) in cash and cash equivalents | $ -414 ( 414 ) | $ -2127 ( 2127 ) | $ -9748 ( 9748 ) md&a consolidated results and analysis 40 .
Question: what was the value of cash provided by operating activities in 2018?
| convfinqa2547 |
sources and uses of cash ( in millions ) in summary , our cash flows for each period were as follows : years ended ( in millions ) dec 29 , dec 30 , dec 31 . years ended ( in millions ) | dec 292018 | dec 302017 | dec 312016
net cash provided by operating activities | $ 29432 | $ 22110 | $ 21808
net cash used for investing activities | -11239 ( 11239 ) | -15762 ( 15762 ) | -25817 ( 25817 )
net cash provided by ( used for ) financing activities | -18607 ( 18607 ) | -8475 ( 8475 ) | -5739 ( 5739 )
net increase ( decrease ) in cash and cash equivalents | $ -414 ( 414 ) | $ -2127 ( 2127 ) | $ -9748 ( 9748 ) md&a consolidated results and analysis 40 .
Question: what was the value of cash provided by operating activities in 2018?
Steps: Ask for number 29432
Answer: 29432.0
Question: what was the value in 2017?
| 22110.0 | 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.
sources and uses of cash ( in millions ) in summary , our cash flows for each period were as follows : years ended ( in millions ) dec 29 , dec 30 , dec 31 . years ended ( in millions ) | dec 292018 | dec 302017 | dec 312016
net cash provided by operating activities | $ 29432 | $ 22110 | $ 21808
net cash used for investing activities | -11239 ( 11239 ) | -15762 ( 15762 ) | -25817 ( 25817 )
net cash provided by ( used for ) financing activities | -18607 ( 18607 ) | -8475 ( 8475 ) | -5739 ( 5739 )
net increase ( decrease ) in cash and cash equivalents | $ -414 ( 414 ) | $ -2127 ( 2127 ) | $ -9748 ( 9748 ) md&a consolidated results and analysis 40 .
Question: what was the value of cash provided by operating activities in 2018?
Steps: Ask for number 29432
Answer: 29432.0
Question: what was the value in 2017?
| convfinqa2548 |
sources and uses of cash ( in millions ) in summary , our cash flows for each period were as follows : years ended ( in millions ) dec 29 , dec 30 , dec 31 . years ended ( in millions ) | dec 292018 | dec 302017 | dec 312016
net cash provided by operating activities | $ 29432 | $ 22110 | $ 21808
net cash used for investing activities | -11239 ( 11239 ) | -15762 ( 15762 ) | -25817 ( 25817 )
net cash provided by ( used for ) financing activities | -18607 ( 18607 ) | -8475 ( 8475 ) | -5739 ( 5739 )
net increase ( decrease ) in cash and cash equivalents | $ -414 ( 414 ) | $ -2127 ( 2127 ) | $ -9748 ( 9748 ) md&a consolidated results and analysis 40 .
Question: what was the value of cash provided by operating activities in 2018?
Steps: Ask for number 29432
Answer: 29432.0
Question: what was the value in 2017?
Steps: Ask for number 22110
Answer: 22110.0
Question: what is the net change in value?
| 7322.0 | 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.
sources and uses of cash ( in millions ) in summary , our cash flows for each period were as follows : years ended ( in millions ) dec 29 , dec 30 , dec 31 . years ended ( in millions ) | dec 292018 | dec 302017 | dec 312016
net cash provided by operating activities | $ 29432 | $ 22110 | $ 21808
net cash used for investing activities | -11239 ( 11239 ) | -15762 ( 15762 ) | -25817 ( 25817 )
net cash provided by ( used for ) financing activities | -18607 ( 18607 ) | -8475 ( 8475 ) | -5739 ( 5739 )
net increase ( decrease ) in cash and cash equivalents | $ -414 ( 414 ) | $ -2127 ( 2127 ) | $ -9748 ( 9748 ) md&a consolidated results and analysis 40 .
Question: what was the value of cash provided by operating activities in 2018?
Steps: Ask for number 29432
Answer: 29432.0
Question: what was the value in 2017?
Steps: Ask for number 22110
Answer: 22110.0
Question: what is the net change in value?
| convfinqa2549 |
sources and uses of cash ( in millions ) in summary , our cash flows for each period were as follows : years ended ( in millions ) dec 29 , dec 30 , dec 31 . years ended ( in millions ) | dec 292018 | dec 302017 | dec 312016
net cash provided by operating activities | $ 29432 | $ 22110 | $ 21808
net cash used for investing activities | -11239 ( 11239 ) | -15762 ( 15762 ) | -25817 ( 25817 )
net cash provided by ( used for ) financing activities | -18607 ( 18607 ) | -8475 ( 8475 ) | -5739 ( 5739 )
net increase ( decrease ) in cash and cash equivalents | $ -414 ( 414 ) | $ -2127 ( 2127 ) | $ -9748 ( 9748 ) md&a consolidated results and analysis 40 .
Question: what was the value of cash provided by operating activities in 2018?
Steps: Ask for number 29432
Answer: 29432.0
Question: what was the value in 2017?
Steps: Ask for number 22110
Answer: 22110.0
Question: what is the net change in value?
Steps: subtract(29432, 22110)
Answer: 7322.0
Question: what was the 2017 value?
| 22110.0 | 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.
sources and uses of cash ( in millions ) in summary , our cash flows for each period were as follows : years ended ( in millions ) dec 29 , dec 30 , dec 31 . years ended ( in millions ) | dec 292018 | dec 302017 | dec 312016
net cash provided by operating activities | $ 29432 | $ 22110 | $ 21808
net cash used for investing activities | -11239 ( 11239 ) | -15762 ( 15762 ) | -25817 ( 25817 )
net cash provided by ( used for ) financing activities | -18607 ( 18607 ) | -8475 ( 8475 ) | -5739 ( 5739 )
net increase ( decrease ) in cash and cash equivalents | $ -414 ( 414 ) | $ -2127 ( 2127 ) | $ -9748 ( 9748 ) md&a consolidated results and analysis 40 .
Question: what was the value of cash provided by operating activities in 2018?
Steps: Ask for number 29432
Answer: 29432.0
Question: what was the value in 2017?
Steps: Ask for number 22110
Answer: 22110.0
Question: what is the net change in value?
Steps: subtract(29432, 22110)
Answer: 7322.0
Question: what was the 2017 value?
| convfinqa2550 |
sources and uses of cash ( in millions ) in summary , our cash flows for each period were as follows : years ended ( in millions ) dec 29 , dec 30 , dec 31 . years ended ( in millions ) | dec 292018 | dec 302017 | dec 312016
net cash provided by operating activities | $ 29432 | $ 22110 | $ 21808
net cash used for investing activities | -11239 ( 11239 ) | -15762 ( 15762 ) | -25817 ( 25817 )
net cash provided by ( used for ) financing activities | -18607 ( 18607 ) | -8475 ( 8475 ) | -5739 ( 5739 )
net increase ( decrease ) in cash and cash equivalents | $ -414 ( 414 ) | $ -2127 ( 2127 ) | $ -9748 ( 9748 ) md&a consolidated results and analysis 40 .
Question: what was the value of cash provided by operating activities in 2018?
Steps: Ask for number 29432
Answer: 29432.0
Question: what was the value in 2017?
Steps: Ask for number 22110
Answer: 22110.0
Question: what is the net change in value?
Steps: subtract(29432, 22110)
Answer: 7322.0
Question: what was the 2017 value?
Steps: Ask for number 22110
Answer: 22110.0
Question: what is the percent change?
| 0.33116 | 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.
sources and uses of cash ( in millions ) in summary , our cash flows for each period were as follows : years ended ( in millions ) dec 29 , dec 30 , dec 31 . years ended ( in millions ) | dec 292018 | dec 302017 | dec 312016
net cash provided by operating activities | $ 29432 | $ 22110 | $ 21808
net cash used for investing activities | -11239 ( 11239 ) | -15762 ( 15762 ) | -25817 ( 25817 )
net cash provided by ( used for ) financing activities | -18607 ( 18607 ) | -8475 ( 8475 ) | -5739 ( 5739 )
net increase ( decrease ) in cash and cash equivalents | $ -414 ( 414 ) | $ -2127 ( 2127 ) | $ -9748 ( 9748 ) md&a consolidated results and analysis 40 .
Question: what was the value of cash provided by operating activities in 2018?
Steps: Ask for number 29432
Answer: 29432.0
Question: what was the value in 2017?
Steps: Ask for number 22110
Answer: 22110.0
Question: what is the net change in value?
Steps: subtract(29432, 22110)
Answer: 7322.0
Question: what was the 2017 value?
Steps: Ask for number 22110
Answer: 22110.0
Question: what is the percent change?
| convfinqa2551 |
notes to consolidated financial statements ( continued ) 17 .pension plans and postretirement health care and life insurance benefit plans ( continued ) benefit payments the following table sets forth amounts of benefits expected to be paid over the next ten years from the company 2019s pension and postretirement plans as of december 31 , 2004: . | pension benefits | other postretirement benefits
2005 | $ 125 | $ 30
2006 | 132 | 31
2007 | 143 | 31
2008 | 154 | 33
2009 | 166 | 34
2010-2014 | 1052 | 193
total | $ 1772 | $ 352 18 .stock compensation plans on may 18 , 2000 , the shareholders of the hartford approved the hartford incentive stock plan ( the 201c2000 plan 201d ) , which replaced the hartford 1995 incentive stock plan ( the 201c1995 plan 201d ) .the terms of the 2000 plan were substantially similar to the terms of the 1995 plan except that the 1995 plan had an annual award limit and a higher maximum award limit .under the 2000 plan , awards may be granted in the form of non-qualified or incentive stock options qualifying under section 422a of the internal revenue code , performance shares or restricted stock , or any combination of the foregoing .in addition , stock appreciation rights may be granted in connection with all or part of any stock options granted under the 2000 plan .in december 2004 , the 2000 plan was amended to allow for grants of restricted stock units effective as of january 1 , 2005 .the aggregate number of shares of stock , which may be awarded , is subject to a maximum limit of 17211837 shares applicable to all awards for the ten-year duration of the 2000 plan .all options granted have an exercise price equal to the market price of the company 2019s common stock on the date of grant , and an option 2019s maximum term is ten years and two days .certain options become exercisable over a three year period commencing one year from the date of grant , while certain other options become exercisable upon the attainment of specified market price appreciation of the company 2019s common shares .for any year , no individual employee may receive an award of options for more than 1000000 shares .as of december 31 , 2004 , the hartford had not issued any incentive stock options under the 2000 plan .performance awards of common stock granted under the 2000 plan become payable upon the attainment of specific performance goals achieved over a period of not less than one nor more than five years , and the restricted stock granted is subject to a restriction period .on a cumulative basis , no more than 20% ( 20 % ) of the aggregate number of shares which may be awarded under the 2000 plan are available for performance shares and restricted stock awards .also , the maximum award of performance shares for any individual employee in any year is 200000 shares .in 2004 , 2003 and 2002 , the company granted shares of common stock of 315452 , 333712 and 40852 with weighted average prices of $ 64.93 , $ 38.13 and $ 62.28 , respectively , related to performance share and restricted stock awards .in 1996 , the company established the hartford employee stock purchase plan ( 201cespp 201d ) .under this plan , eligible employees of the hartford may purchase common stock of the company at a 15% ( 15 % ) discount from the lower of the closing market price at the beginning or end of the quarterly offering period .the company may sell up to 5400000 shares of stock to eligible employees under the espp .in 2004 , 2003 and 2002 , 345262 , 443467 and 408304 shares were sold , respectively .the per share weighted average fair value of the discount under the espp was $ 9.31 , $ 11.96 , and $ 11.70 in 2004 , 2003 and 2002 , respectively .additionally , during 1997 , the hartford established employee stock purchase plans for certain employees of the company 2019s international subsidiaries .under these plans , participants may purchase common stock of the hartford at a fixed price at the end of a three-year period .the activity under these programs is not material. .
Question: what is the total sum of the total pension benefits and other post retirement benefits?
| 2124.0 | 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.
notes to consolidated financial statements ( continued ) 17 .pension plans and postretirement health care and life insurance benefit plans ( continued ) benefit payments the following table sets forth amounts of benefits expected to be paid over the next ten years from the company 2019s pension and postretirement plans as of december 31 , 2004: . | pension benefits | other postretirement benefits
2005 | $ 125 | $ 30
2006 | 132 | 31
2007 | 143 | 31
2008 | 154 | 33
2009 | 166 | 34
2010-2014 | 1052 | 193
total | $ 1772 | $ 352 18 .stock compensation plans on may 18 , 2000 , the shareholders of the hartford approved the hartford incentive stock plan ( the 201c2000 plan 201d ) , which replaced the hartford 1995 incentive stock plan ( the 201c1995 plan 201d ) .the terms of the 2000 plan were substantially similar to the terms of the 1995 plan except that the 1995 plan had an annual award limit and a higher maximum award limit .under the 2000 plan , awards may be granted in the form of non-qualified or incentive stock options qualifying under section 422a of the internal revenue code , performance shares or restricted stock , or any combination of the foregoing .in addition , stock appreciation rights may be granted in connection with all or part of any stock options granted under the 2000 plan .in december 2004 , the 2000 plan was amended to allow for grants of restricted stock units effective as of january 1 , 2005 .the aggregate number of shares of stock , which may be awarded , is subject to a maximum limit of 17211837 shares applicable to all awards for the ten-year duration of the 2000 plan .all options granted have an exercise price equal to the market price of the company 2019s common stock on the date of grant , and an option 2019s maximum term is ten years and two days .certain options become exercisable over a three year period commencing one year from the date of grant , while certain other options become exercisable upon the attainment of specified market price appreciation of the company 2019s common shares .for any year , no individual employee may receive an award of options for more than 1000000 shares .as of december 31 , 2004 , the hartford had not issued any incentive stock options under the 2000 plan .performance awards of common stock granted under the 2000 plan become payable upon the attainment of specific performance goals achieved over a period of not less than one nor more than five years , and the restricted stock granted is subject to a restriction period .on a cumulative basis , no more than 20% ( 20 % ) of the aggregate number of shares which may be awarded under the 2000 plan are available for performance shares and restricted stock awards .also , the maximum award of performance shares for any individual employee in any year is 200000 shares .in 2004 , 2003 and 2002 , the company granted shares of common stock of 315452 , 333712 and 40852 with weighted average prices of $ 64.93 , $ 38.13 and $ 62.28 , respectively , related to performance share and restricted stock awards .in 1996 , the company established the hartford employee stock purchase plan ( 201cespp 201d ) .under this plan , eligible employees of the hartford may purchase common stock of the company at a 15% ( 15 % ) discount from the lower of the closing market price at the beginning or end of the quarterly offering period .the company may sell up to 5400000 shares of stock to eligible employees under the espp .in 2004 , 2003 and 2002 , 345262 , 443467 and 408304 shares were sold , respectively .the per share weighted average fair value of the discount under the espp was $ 9.31 , $ 11.96 , and $ 11.70 in 2004 , 2003 and 2002 , respectively .additionally , during 1997 , the hartford established employee stock purchase plans for certain employees of the company 2019s international subsidiaries .under these plans , participants may purchase common stock of the hartford at a fixed price at the end of a three-year period .the activity under these programs is not material. .
Question: what is the total sum of the total pension benefits and other post retirement benefits?
| convfinqa2552 |
notes to consolidated financial statements ( continued ) 17 .pension plans and postretirement health care and life insurance benefit plans ( continued ) benefit payments the following table sets forth amounts of benefits expected to be paid over the next ten years from the company 2019s pension and postretirement plans as of december 31 , 2004: . | pension benefits | other postretirement benefits
2005 | $ 125 | $ 30
2006 | 132 | 31
2007 | 143 | 31
2008 | 154 | 33
2009 | 166 | 34
2010-2014 | 1052 | 193
total | $ 1772 | $ 352 18 .stock compensation plans on may 18 , 2000 , the shareholders of the hartford approved the hartford incentive stock plan ( the 201c2000 plan 201d ) , which replaced the hartford 1995 incentive stock plan ( the 201c1995 plan 201d ) .the terms of the 2000 plan were substantially similar to the terms of the 1995 plan except that the 1995 plan had an annual award limit and a higher maximum award limit .under the 2000 plan , awards may be granted in the form of non-qualified or incentive stock options qualifying under section 422a of the internal revenue code , performance shares or restricted stock , or any combination of the foregoing .in addition , stock appreciation rights may be granted in connection with all or part of any stock options granted under the 2000 plan .in december 2004 , the 2000 plan was amended to allow for grants of restricted stock units effective as of january 1 , 2005 .the aggregate number of shares of stock , which may be awarded , is subject to a maximum limit of 17211837 shares applicable to all awards for the ten-year duration of the 2000 plan .all options granted have an exercise price equal to the market price of the company 2019s common stock on the date of grant , and an option 2019s maximum term is ten years and two days .certain options become exercisable over a three year period commencing one year from the date of grant , while certain other options become exercisable upon the attainment of specified market price appreciation of the company 2019s common shares .for any year , no individual employee may receive an award of options for more than 1000000 shares .as of december 31 , 2004 , the hartford had not issued any incentive stock options under the 2000 plan .performance awards of common stock granted under the 2000 plan become payable upon the attainment of specific performance goals achieved over a period of not less than one nor more than five years , and the restricted stock granted is subject to a restriction period .on a cumulative basis , no more than 20% ( 20 % ) of the aggregate number of shares which may be awarded under the 2000 plan are available for performance shares and restricted stock awards .also , the maximum award of performance shares for any individual employee in any year is 200000 shares .in 2004 , 2003 and 2002 , the company granted shares of common stock of 315452 , 333712 and 40852 with weighted average prices of $ 64.93 , $ 38.13 and $ 62.28 , respectively , related to performance share and restricted stock awards .in 1996 , the company established the hartford employee stock purchase plan ( 201cespp 201d ) .under this plan , eligible employees of the hartford may purchase common stock of the company at a 15% ( 15 % ) discount from the lower of the closing market price at the beginning or end of the quarterly offering period .the company may sell up to 5400000 shares of stock to eligible employees under the espp .in 2004 , 2003 and 2002 , 345262 , 443467 and 408304 shares were sold , respectively .the per share weighted average fair value of the discount under the espp was $ 9.31 , $ 11.96 , and $ 11.70 in 2004 , 2003 and 2002 , respectively .additionally , during 1997 , the hartford established employee stock purchase plans for certain employees of the company 2019s international subsidiaries .under these plans , participants may purchase common stock of the hartford at a fixed price at the end of a three-year period .the activity under these programs is not material. .
Question: what is the total sum of the total pension benefits and other post retirement benefits?
Steps: add(1772, 352)
Answer: 2124.0
Question: what is the value of total pension benefits by this total sum?
| 0.83427 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
notes to consolidated financial statements ( continued ) 17 .pension plans and postretirement health care and life insurance benefit plans ( continued ) benefit payments the following table sets forth amounts of benefits expected to be paid over the next ten years from the company 2019s pension and postretirement plans as of december 31 , 2004: . | pension benefits | other postretirement benefits
2005 | $ 125 | $ 30
2006 | 132 | 31
2007 | 143 | 31
2008 | 154 | 33
2009 | 166 | 34
2010-2014 | 1052 | 193
total | $ 1772 | $ 352 18 .stock compensation plans on may 18 , 2000 , the shareholders of the hartford approved the hartford incentive stock plan ( the 201c2000 plan 201d ) , which replaced the hartford 1995 incentive stock plan ( the 201c1995 plan 201d ) .the terms of the 2000 plan were substantially similar to the terms of the 1995 plan except that the 1995 plan had an annual award limit and a higher maximum award limit .under the 2000 plan , awards may be granted in the form of non-qualified or incentive stock options qualifying under section 422a of the internal revenue code , performance shares or restricted stock , or any combination of the foregoing .in addition , stock appreciation rights may be granted in connection with all or part of any stock options granted under the 2000 plan .in december 2004 , the 2000 plan was amended to allow for grants of restricted stock units effective as of january 1 , 2005 .the aggregate number of shares of stock , which may be awarded , is subject to a maximum limit of 17211837 shares applicable to all awards for the ten-year duration of the 2000 plan .all options granted have an exercise price equal to the market price of the company 2019s common stock on the date of grant , and an option 2019s maximum term is ten years and two days .certain options become exercisable over a three year period commencing one year from the date of grant , while certain other options become exercisable upon the attainment of specified market price appreciation of the company 2019s common shares .for any year , no individual employee may receive an award of options for more than 1000000 shares .as of december 31 , 2004 , the hartford had not issued any incentive stock options under the 2000 plan .performance awards of common stock granted under the 2000 plan become payable upon the attainment of specific performance goals achieved over a period of not less than one nor more than five years , and the restricted stock granted is subject to a restriction period .on a cumulative basis , no more than 20% ( 20 % ) of the aggregate number of shares which may be awarded under the 2000 plan are available for performance shares and restricted stock awards .also , the maximum award of performance shares for any individual employee in any year is 200000 shares .in 2004 , 2003 and 2002 , the company granted shares of common stock of 315452 , 333712 and 40852 with weighted average prices of $ 64.93 , $ 38.13 and $ 62.28 , respectively , related to performance share and restricted stock awards .in 1996 , the company established the hartford employee stock purchase plan ( 201cespp 201d ) .under this plan , eligible employees of the hartford may purchase common stock of the company at a 15% ( 15 % ) discount from the lower of the closing market price at the beginning or end of the quarterly offering period .the company may sell up to 5400000 shares of stock to eligible employees under the espp .in 2004 , 2003 and 2002 , 345262 , 443467 and 408304 shares were sold , respectively .the per share weighted average fair value of the discount under the espp was $ 9.31 , $ 11.96 , and $ 11.70 in 2004 , 2003 and 2002 , respectively .additionally , during 1997 , the hartford established employee stock purchase plans for certain employees of the company 2019s international subsidiaries .under these plans , participants may purchase common stock of the hartford at a fixed price at the end of a three-year period .the activity under these programs is not material. .
Question: what is the total sum of the total pension benefits and other post retirement benefits?
Steps: add(1772, 352)
Answer: 2124.0
Question: what is the value of total pension benefits by this total sum?
| convfinqa2553 |
vornado realty trust notes to consolidated financial statements ( continued ) 10 .redeemable noncontrolling interests - continued redeemable noncontrolling interests on our consolidated balance sheets are recorded at the greater of their carrying amount or redemption value at the end of each reporting period .changes in the value from period to period are charged to 201cadditional capital 201d in our consolidated statements of changes in equity .below is a table summarizing the activity of redeemable noncontrolling interests .( amounts in thousands ) . balance at december 31 2009 | $ 1251628
net income | 55228
distributions | -53515 ( 53515 )
conversion of class a units into common shares at redemption value | -126764 ( 126764 )
adjustment to carry redeemable class a units at redemption value | 191826
redemption of series d-12 redeemable units | -13000 ( 13000 )
other net | 22571
balance at december 31 2010 | 1327974
net income | 55912
distributions | -50865 ( 50865 )
conversion of class a units into common shares at redemption value | -64830 ( 64830 )
adjustment to carry redeemable class a units at redemption value | -98092 ( 98092 )
redemption of series d-11 redeemable units | -28000 ( 28000 )
other net | 18578
balance at december 31 2011 | $ 1160677 redeemable noncontrolling interests exclude our series g convertible preferred units and series d-13 cumulative redeemable preferred units , as they are accounted for as liabilities in accordance with asc 480 , distinguishing liabilities and equity , because of their possible settlement by issuing a variable number of vornado common shares .accordingly , the fair value of these units is included as a component of 201cother liabilities 201d on our consolidated balance sheets and aggregated $ 54865000 and $ 55097000 as of december 31 , 2011 and 2010 , respectively. .
Question: what was the net change in value of redeemable noncontrolling interests from 2009 to 2010?
| 76346.0 | 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.
vornado realty trust notes to consolidated financial statements ( continued ) 10 .redeemable noncontrolling interests - continued redeemable noncontrolling interests on our consolidated balance sheets are recorded at the greater of their carrying amount or redemption value at the end of each reporting period .changes in the value from period to period are charged to 201cadditional capital 201d in our consolidated statements of changes in equity .below is a table summarizing the activity of redeemable noncontrolling interests .( amounts in thousands ) . balance at december 31 2009 | $ 1251628
net income | 55228
distributions | -53515 ( 53515 )
conversion of class a units into common shares at redemption value | -126764 ( 126764 )
adjustment to carry redeemable class a units at redemption value | 191826
redemption of series d-12 redeemable units | -13000 ( 13000 )
other net | 22571
balance at december 31 2010 | 1327974
net income | 55912
distributions | -50865 ( 50865 )
conversion of class a units into common shares at redemption value | -64830 ( 64830 )
adjustment to carry redeemable class a units at redemption value | -98092 ( 98092 )
redemption of series d-11 redeemable units | -28000 ( 28000 )
other net | 18578
balance at december 31 2011 | $ 1160677 redeemable noncontrolling interests exclude our series g convertible preferred units and series d-13 cumulative redeemable preferred units , as they are accounted for as liabilities in accordance with asc 480 , distinguishing liabilities and equity , because of their possible settlement by issuing a variable number of vornado common shares .accordingly , the fair value of these units is included as a component of 201cother liabilities 201d on our consolidated balance sheets and aggregated $ 54865000 and $ 55097000 as of december 31 , 2011 and 2010 , respectively. .
Question: what was the net change in value of redeemable noncontrolling interests from 2009 to 2010?
| convfinqa2554 |
vornado realty trust notes to consolidated financial statements ( continued ) 10 .redeemable noncontrolling interests - continued redeemable noncontrolling interests on our consolidated balance sheets are recorded at the greater of their carrying amount or redemption value at the end of each reporting period .changes in the value from period to period are charged to 201cadditional capital 201d in our consolidated statements of changes in equity .below is a table summarizing the activity of redeemable noncontrolling interests .( amounts in thousands ) . balance at december 31 2009 | $ 1251628
net income | 55228
distributions | -53515 ( 53515 )
conversion of class a units into common shares at redemption value | -126764 ( 126764 )
adjustment to carry redeemable class a units at redemption value | 191826
redemption of series d-12 redeemable units | -13000 ( 13000 )
other net | 22571
balance at december 31 2010 | 1327974
net income | 55912
distributions | -50865 ( 50865 )
conversion of class a units into common shares at redemption value | -64830 ( 64830 )
adjustment to carry redeemable class a units at redemption value | -98092 ( 98092 )
redemption of series d-11 redeemable units | -28000 ( 28000 )
other net | 18578
balance at december 31 2011 | $ 1160677 redeemable noncontrolling interests exclude our series g convertible preferred units and series d-13 cumulative redeemable preferred units , as they are accounted for as liabilities in accordance with asc 480 , distinguishing liabilities and equity , because of their possible settlement by issuing a variable number of vornado common shares .accordingly , the fair value of these units is included as a component of 201cother liabilities 201d on our consolidated balance sheets and aggregated $ 54865000 and $ 55097000 as of december 31 , 2011 and 2010 , respectively. .
Question: what was the net change in value of redeemable noncontrolling interests from 2009 to 2010?
Steps: subtract(1327974, 1251628)
Answer: 76346.0
Question: what was that change over the 2009 value?
| 0.061 | 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.
vornado realty trust notes to consolidated financial statements ( continued ) 10 .redeemable noncontrolling interests - continued redeemable noncontrolling interests on our consolidated balance sheets are recorded at the greater of their carrying amount or redemption value at the end of each reporting period .changes in the value from period to period are charged to 201cadditional capital 201d in our consolidated statements of changes in equity .below is a table summarizing the activity of redeemable noncontrolling interests .( amounts in thousands ) . balance at december 31 2009 | $ 1251628
net income | 55228
distributions | -53515 ( 53515 )
conversion of class a units into common shares at redemption value | -126764 ( 126764 )
adjustment to carry redeemable class a units at redemption value | 191826
redemption of series d-12 redeemable units | -13000 ( 13000 )
other net | 22571
balance at december 31 2010 | 1327974
net income | 55912
distributions | -50865 ( 50865 )
conversion of class a units into common shares at redemption value | -64830 ( 64830 )
adjustment to carry redeemable class a units at redemption value | -98092 ( 98092 )
redemption of series d-11 redeemable units | -28000 ( 28000 )
other net | 18578
balance at december 31 2011 | $ 1160677 redeemable noncontrolling interests exclude our series g convertible preferred units and series d-13 cumulative redeemable preferred units , as they are accounted for as liabilities in accordance with asc 480 , distinguishing liabilities and equity , because of their possible settlement by issuing a variable number of vornado common shares .accordingly , the fair value of these units is included as a component of 201cother liabilities 201d on our consolidated balance sheets and aggregated $ 54865000 and $ 55097000 as of december 31 , 2011 and 2010 , respectively. .
Question: what was the net change in value of redeemable noncontrolling interests from 2009 to 2010?
Steps: subtract(1327974, 1251628)
Answer: 76346.0
Question: what was that change over the 2009 value?
| convfinqa2555 |
advance auto parts , inc .schedule ii - valuation and qualifying accounts ( in thousands ) allowance for doubtful accounts receivable : balance at beginning of period charges to expenses deductions balance at end of period january 3 , 2015 $ 13295 $ 17182 $ ( 14325 ) ( 1 ) $ 16152 january 2 , 2016 16152 22067 ( 12461 ) ( 1 ) 25758 december 31 , 2016 25758 24597 ( 21191 ) ( 1 ) 29164 ( 1 ) accounts written off during the period .these amounts did not impact the company 2019s statement of operations for any year presented .note : other valuation and qualifying accounts have not been reported in this schedule because they are either not applicable or because the information has been included elsewhere in this report. . allowance for doubtful accounts receivable: | balance atbeginningof period | charges toexpenses | deductions | | balance atend ofperiod
january 3 2015 | $ 13295 | $ 17182 | $ -14325 ( 14325 ) | -1 ( 1 ) | $ 16152
january 2 2016 | 16152 | 22067 | -12461 ( 12461 ) | -1 ( 1 ) | 25758
december 31 2016 | 25758 | 24597 | -21191 ( 21191 ) | -1 ( 1 ) | 29164 advance auto parts , inc .schedule ii - valuation and qualifying accounts ( in thousands ) allowance for doubtful accounts receivable : balance at beginning of period charges to expenses deductions balance at end of period january 3 , 2015 $ 13295 $ 17182 $ ( 14325 ) ( 1 ) $ 16152 january 2 , 2016 16152 22067 ( 12461 ) ( 1 ) 25758 december 31 , 2016 25758 24597 ( 21191 ) ( 1 ) 29164 ( 1 ) accounts written off during the period .these amounts did not impact the company 2019s statement of operations for any year presented .note : other valuation and qualifying accounts have not been reported in this schedule because they are either not applicable or because the information has been included elsewhere in this report. .
Question: what was the balance for doubtful accounts receivables at the end of 2016?
| 29164.0 | 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.
advance auto parts , inc .schedule ii - valuation and qualifying accounts ( in thousands ) allowance for doubtful accounts receivable : balance at beginning of period charges to expenses deductions balance at end of period january 3 , 2015 $ 13295 $ 17182 $ ( 14325 ) ( 1 ) $ 16152 january 2 , 2016 16152 22067 ( 12461 ) ( 1 ) 25758 december 31 , 2016 25758 24597 ( 21191 ) ( 1 ) 29164 ( 1 ) accounts written off during the period .these amounts did not impact the company 2019s statement of operations for any year presented .note : other valuation and qualifying accounts have not been reported in this schedule because they are either not applicable or because the information has been included elsewhere in this report. . allowance for doubtful accounts receivable: | balance atbeginningof period | charges toexpenses | deductions | | balance atend ofperiod
january 3 2015 | $ 13295 | $ 17182 | $ -14325 ( 14325 ) | -1 ( 1 ) | $ 16152
january 2 2016 | 16152 | 22067 | -12461 ( 12461 ) | -1 ( 1 ) | 25758
december 31 2016 | 25758 | 24597 | -21191 ( 21191 ) | -1 ( 1 ) | 29164 advance auto parts , inc .schedule ii - valuation and qualifying accounts ( in thousands ) allowance for doubtful accounts receivable : balance at beginning of period charges to expenses deductions balance at end of period january 3 , 2015 $ 13295 $ 17182 $ ( 14325 ) ( 1 ) $ 16152 january 2 , 2016 16152 22067 ( 12461 ) ( 1 ) 25758 december 31 , 2016 25758 24597 ( 21191 ) ( 1 ) 29164 ( 1 ) accounts written off during the period .these amounts did not impact the company 2019s statement of operations for any year presented .note : other valuation and qualifying accounts have not been reported in this schedule because they are either not applicable or because the information has been included elsewhere in this report. .
Question: what was the balance for doubtful accounts receivables at the end of 2016?
| convfinqa2556 |
advance auto parts , inc .schedule ii - valuation and qualifying accounts ( in thousands ) allowance for doubtful accounts receivable : balance at beginning of period charges to expenses deductions balance at end of period january 3 , 2015 $ 13295 $ 17182 $ ( 14325 ) ( 1 ) $ 16152 january 2 , 2016 16152 22067 ( 12461 ) ( 1 ) 25758 december 31 , 2016 25758 24597 ( 21191 ) ( 1 ) 29164 ( 1 ) accounts written off during the period .these amounts did not impact the company 2019s statement of operations for any year presented .note : other valuation and qualifying accounts have not been reported in this schedule because they are either not applicable or because the information has been included elsewhere in this report. . allowance for doubtful accounts receivable: | balance atbeginningof period | charges toexpenses | deductions | | balance atend ofperiod
january 3 2015 | $ 13295 | $ 17182 | $ -14325 ( 14325 ) | -1 ( 1 ) | $ 16152
january 2 2016 | 16152 | 22067 | -12461 ( 12461 ) | -1 ( 1 ) | 25758
december 31 2016 | 25758 | 24597 | -21191 ( 21191 ) | -1 ( 1 ) | 29164 advance auto parts , inc .schedule ii - valuation and qualifying accounts ( in thousands ) allowance for doubtful accounts receivable : balance at beginning of period charges to expenses deductions balance at end of period january 3 , 2015 $ 13295 $ 17182 $ ( 14325 ) ( 1 ) $ 16152 january 2 , 2016 16152 22067 ( 12461 ) ( 1 ) 25758 december 31 , 2016 25758 24597 ( 21191 ) ( 1 ) 29164 ( 1 ) accounts written off during the period .these amounts did not impact the company 2019s statement of operations for any year presented .note : other valuation and qualifying accounts have not been reported in this schedule because they are either not applicable or because the information has been included elsewhere in this report. .
Question: what was the balance for doubtful accounts receivables at the end of 2016?
Steps: Ask for number 29164
Answer: 29164.0
Question: what was the balance at the end of 2015?
| 13295.0 | 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.
advance auto parts , inc .schedule ii - valuation and qualifying accounts ( in thousands ) allowance for doubtful accounts receivable : balance at beginning of period charges to expenses deductions balance at end of period january 3 , 2015 $ 13295 $ 17182 $ ( 14325 ) ( 1 ) $ 16152 january 2 , 2016 16152 22067 ( 12461 ) ( 1 ) 25758 december 31 , 2016 25758 24597 ( 21191 ) ( 1 ) 29164 ( 1 ) accounts written off during the period .these amounts did not impact the company 2019s statement of operations for any year presented .note : other valuation and qualifying accounts have not been reported in this schedule because they are either not applicable or because the information has been included elsewhere in this report. . allowance for doubtful accounts receivable: | balance atbeginningof period | charges toexpenses | deductions | | balance atend ofperiod
january 3 2015 | $ 13295 | $ 17182 | $ -14325 ( 14325 ) | -1 ( 1 ) | $ 16152
january 2 2016 | 16152 | 22067 | -12461 ( 12461 ) | -1 ( 1 ) | 25758
december 31 2016 | 25758 | 24597 | -21191 ( 21191 ) | -1 ( 1 ) | 29164 advance auto parts , inc .schedule ii - valuation and qualifying accounts ( in thousands ) allowance for doubtful accounts receivable : balance at beginning of period charges to expenses deductions balance at end of period january 3 , 2015 $ 13295 $ 17182 $ ( 14325 ) ( 1 ) $ 16152 january 2 , 2016 16152 22067 ( 12461 ) ( 1 ) 25758 december 31 , 2016 25758 24597 ( 21191 ) ( 1 ) 29164 ( 1 ) accounts written off during the period .these amounts did not impact the company 2019s statement of operations for any year presented .note : other valuation and qualifying accounts have not been reported in this schedule because they are either not applicable or because the information has been included elsewhere in this report. .
Question: what was the balance for doubtful accounts receivables at the end of 2016?
Steps: Ask for number 29164
Answer: 29164.0
Question: what was the balance at the end of 2015?
| convfinqa2557 |
advance auto parts , inc .schedule ii - valuation and qualifying accounts ( in thousands ) allowance for doubtful accounts receivable : balance at beginning of period charges to expenses deductions balance at end of period january 3 , 2015 $ 13295 $ 17182 $ ( 14325 ) ( 1 ) $ 16152 january 2 , 2016 16152 22067 ( 12461 ) ( 1 ) 25758 december 31 , 2016 25758 24597 ( 21191 ) ( 1 ) 29164 ( 1 ) accounts written off during the period .these amounts did not impact the company 2019s statement of operations for any year presented .note : other valuation and qualifying accounts have not been reported in this schedule because they are either not applicable or because the information has been included elsewhere in this report. . allowance for doubtful accounts receivable: | balance atbeginningof period | charges toexpenses | deductions | | balance atend ofperiod
january 3 2015 | $ 13295 | $ 17182 | $ -14325 ( 14325 ) | -1 ( 1 ) | $ 16152
january 2 2016 | 16152 | 22067 | -12461 ( 12461 ) | -1 ( 1 ) | 25758
december 31 2016 | 25758 | 24597 | -21191 ( 21191 ) | -1 ( 1 ) | 29164 advance auto parts , inc .schedule ii - valuation and qualifying accounts ( in thousands ) allowance for doubtful accounts receivable : balance at beginning of period charges to expenses deductions balance at end of period january 3 , 2015 $ 13295 $ 17182 $ ( 14325 ) ( 1 ) $ 16152 january 2 , 2016 16152 22067 ( 12461 ) ( 1 ) 25758 december 31 , 2016 25758 24597 ( 21191 ) ( 1 ) 29164 ( 1 ) accounts written off during the period .these amounts did not impact the company 2019s statement of operations for any year presented .note : other valuation and qualifying accounts have not been reported in this schedule because they are either not applicable or because the information has been included elsewhere in this report. .
Question: what was the balance for doubtful accounts receivables at the end of 2016?
Steps: Ask for number 29164
Answer: 29164.0
Question: what was the balance at the end of 2015?
Steps: Ask for number 13295
Answer: 13295.0
Question: what is the net change in value?
| 15869.0 | 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.
advance auto parts , inc .schedule ii - valuation and qualifying accounts ( in thousands ) allowance for doubtful accounts receivable : balance at beginning of period charges to expenses deductions balance at end of period january 3 , 2015 $ 13295 $ 17182 $ ( 14325 ) ( 1 ) $ 16152 january 2 , 2016 16152 22067 ( 12461 ) ( 1 ) 25758 december 31 , 2016 25758 24597 ( 21191 ) ( 1 ) 29164 ( 1 ) accounts written off during the period .these amounts did not impact the company 2019s statement of operations for any year presented .note : other valuation and qualifying accounts have not been reported in this schedule because they are either not applicable or because the information has been included elsewhere in this report. . allowance for doubtful accounts receivable: | balance atbeginningof period | charges toexpenses | deductions | | balance atend ofperiod
january 3 2015 | $ 13295 | $ 17182 | $ -14325 ( 14325 ) | -1 ( 1 ) | $ 16152
january 2 2016 | 16152 | 22067 | -12461 ( 12461 ) | -1 ( 1 ) | 25758
december 31 2016 | 25758 | 24597 | -21191 ( 21191 ) | -1 ( 1 ) | 29164 advance auto parts , inc .schedule ii - valuation and qualifying accounts ( in thousands ) allowance for doubtful accounts receivable : balance at beginning of period charges to expenses deductions balance at end of period january 3 , 2015 $ 13295 $ 17182 $ ( 14325 ) ( 1 ) $ 16152 january 2 , 2016 16152 22067 ( 12461 ) ( 1 ) 25758 december 31 , 2016 25758 24597 ( 21191 ) ( 1 ) 29164 ( 1 ) accounts written off during the period .these amounts did not impact the company 2019s statement of operations for any year presented .note : other valuation and qualifying accounts have not been reported in this schedule because they are either not applicable or because the information has been included elsewhere in this report. .
Question: what was the balance for doubtful accounts receivables at the end of 2016?
Steps: Ask for number 29164
Answer: 29164.0
Question: what was the balance at the end of 2015?
Steps: Ask for number 13295
Answer: 13295.0
Question: what is the net change in value?
| convfinqa2558 |
advance auto parts , inc .schedule ii - valuation and qualifying accounts ( in thousands ) allowance for doubtful accounts receivable : balance at beginning of period charges to expenses deductions balance at end of period january 3 , 2015 $ 13295 $ 17182 $ ( 14325 ) ( 1 ) $ 16152 january 2 , 2016 16152 22067 ( 12461 ) ( 1 ) 25758 december 31 , 2016 25758 24597 ( 21191 ) ( 1 ) 29164 ( 1 ) accounts written off during the period .these amounts did not impact the company 2019s statement of operations for any year presented .note : other valuation and qualifying accounts have not been reported in this schedule because they are either not applicable or because the information has been included elsewhere in this report. . allowance for doubtful accounts receivable: | balance atbeginningof period | charges toexpenses | deductions | | balance atend ofperiod
january 3 2015 | $ 13295 | $ 17182 | $ -14325 ( 14325 ) | -1 ( 1 ) | $ 16152
january 2 2016 | 16152 | 22067 | -12461 ( 12461 ) | -1 ( 1 ) | 25758
december 31 2016 | 25758 | 24597 | -21191 ( 21191 ) | -1 ( 1 ) | 29164 advance auto parts , inc .schedule ii - valuation and qualifying accounts ( in thousands ) allowance for doubtful accounts receivable : balance at beginning of period charges to expenses deductions balance at end of period january 3 , 2015 $ 13295 $ 17182 $ ( 14325 ) ( 1 ) $ 16152 january 2 , 2016 16152 22067 ( 12461 ) ( 1 ) 25758 december 31 , 2016 25758 24597 ( 21191 ) ( 1 ) 29164 ( 1 ) accounts written off during the period .these amounts did not impact the company 2019s statement of operations for any year presented .note : other valuation and qualifying accounts have not been reported in this schedule because they are either not applicable or because the information has been included elsewhere in this report. .
Question: what was the balance for doubtful accounts receivables at the end of 2016?
Steps: Ask for number 29164
Answer: 29164.0
Question: what was the balance at the end of 2015?
Steps: Ask for number 13295
Answer: 13295.0
Question: what is the net change in value?
Steps: subtract(29164, 13295)
Answer: 15869.0
Question: what was the 2015 value?
| 13295.0 | 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.
advance auto parts , inc .schedule ii - valuation and qualifying accounts ( in thousands ) allowance for doubtful accounts receivable : balance at beginning of period charges to expenses deductions balance at end of period january 3 , 2015 $ 13295 $ 17182 $ ( 14325 ) ( 1 ) $ 16152 january 2 , 2016 16152 22067 ( 12461 ) ( 1 ) 25758 december 31 , 2016 25758 24597 ( 21191 ) ( 1 ) 29164 ( 1 ) accounts written off during the period .these amounts did not impact the company 2019s statement of operations for any year presented .note : other valuation and qualifying accounts have not been reported in this schedule because they are either not applicable or because the information has been included elsewhere in this report. . allowance for doubtful accounts receivable: | balance atbeginningof period | charges toexpenses | deductions | | balance atend ofperiod
january 3 2015 | $ 13295 | $ 17182 | $ -14325 ( 14325 ) | -1 ( 1 ) | $ 16152
january 2 2016 | 16152 | 22067 | -12461 ( 12461 ) | -1 ( 1 ) | 25758
december 31 2016 | 25758 | 24597 | -21191 ( 21191 ) | -1 ( 1 ) | 29164 advance auto parts , inc .schedule ii - valuation and qualifying accounts ( in thousands ) allowance for doubtful accounts receivable : balance at beginning of period charges to expenses deductions balance at end of period january 3 , 2015 $ 13295 $ 17182 $ ( 14325 ) ( 1 ) $ 16152 january 2 , 2016 16152 22067 ( 12461 ) ( 1 ) 25758 december 31 , 2016 25758 24597 ( 21191 ) ( 1 ) 29164 ( 1 ) accounts written off during the period .these amounts did not impact the company 2019s statement of operations for any year presented .note : other valuation and qualifying accounts have not been reported in this schedule because they are either not applicable or because the information has been included elsewhere in this report. .
Question: what was the balance for doubtful accounts receivables at the end of 2016?
Steps: Ask for number 29164
Answer: 29164.0
Question: what was the balance at the end of 2015?
Steps: Ask for number 13295
Answer: 13295.0
Question: what is the net change in value?
Steps: subtract(29164, 13295)
Answer: 15869.0
Question: what was the 2015 value?
| convfinqa2559 |
advance auto parts , inc .schedule ii - valuation and qualifying accounts ( in thousands ) allowance for doubtful accounts receivable : balance at beginning of period charges to expenses deductions balance at end of period january 3 , 2015 $ 13295 $ 17182 $ ( 14325 ) ( 1 ) $ 16152 january 2 , 2016 16152 22067 ( 12461 ) ( 1 ) 25758 december 31 , 2016 25758 24597 ( 21191 ) ( 1 ) 29164 ( 1 ) accounts written off during the period .these amounts did not impact the company 2019s statement of operations for any year presented .note : other valuation and qualifying accounts have not been reported in this schedule because they are either not applicable or because the information has been included elsewhere in this report. . allowance for doubtful accounts receivable: | balance atbeginningof period | charges toexpenses | deductions | | balance atend ofperiod
january 3 2015 | $ 13295 | $ 17182 | $ -14325 ( 14325 ) | -1 ( 1 ) | $ 16152
january 2 2016 | 16152 | 22067 | -12461 ( 12461 ) | -1 ( 1 ) | 25758
december 31 2016 | 25758 | 24597 | -21191 ( 21191 ) | -1 ( 1 ) | 29164 advance auto parts , inc .schedule ii - valuation and qualifying accounts ( in thousands ) allowance for doubtful accounts receivable : balance at beginning of period charges to expenses deductions balance at end of period january 3 , 2015 $ 13295 $ 17182 $ ( 14325 ) ( 1 ) $ 16152 january 2 , 2016 16152 22067 ( 12461 ) ( 1 ) 25758 december 31 , 2016 25758 24597 ( 21191 ) ( 1 ) 29164 ( 1 ) accounts written off during the period .these amounts did not impact the company 2019s statement of operations for any year presented .note : other valuation and qualifying accounts have not been reported in this schedule because they are either not applicable or because the information has been included elsewhere in this report. .
Question: what was the balance for doubtful accounts receivables at the end of 2016?
Steps: Ask for number 29164
Answer: 29164.0
Question: what was the balance at the end of 2015?
Steps: Ask for number 13295
Answer: 13295.0
Question: what is the net change in value?
Steps: subtract(29164, 13295)
Answer: 15869.0
Question: what was the 2015 value?
Steps: Ask for number 13295
Answer: 13295.0
Question: what is the net change divided by the 2015 value?
| 1.19361 | 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.
advance auto parts , inc .schedule ii - valuation and qualifying accounts ( in thousands ) allowance for doubtful accounts receivable : balance at beginning of period charges to expenses deductions balance at end of period january 3 , 2015 $ 13295 $ 17182 $ ( 14325 ) ( 1 ) $ 16152 january 2 , 2016 16152 22067 ( 12461 ) ( 1 ) 25758 december 31 , 2016 25758 24597 ( 21191 ) ( 1 ) 29164 ( 1 ) accounts written off during the period .these amounts did not impact the company 2019s statement of operations for any year presented .note : other valuation and qualifying accounts have not been reported in this schedule because they are either not applicable or because the information has been included elsewhere in this report. . allowance for doubtful accounts receivable: | balance atbeginningof period | charges toexpenses | deductions | | balance atend ofperiod
january 3 2015 | $ 13295 | $ 17182 | $ -14325 ( 14325 ) | -1 ( 1 ) | $ 16152
january 2 2016 | 16152 | 22067 | -12461 ( 12461 ) | -1 ( 1 ) | 25758
december 31 2016 | 25758 | 24597 | -21191 ( 21191 ) | -1 ( 1 ) | 29164 advance auto parts , inc .schedule ii - valuation and qualifying accounts ( in thousands ) allowance for doubtful accounts receivable : balance at beginning of period charges to expenses deductions balance at end of period january 3 , 2015 $ 13295 $ 17182 $ ( 14325 ) ( 1 ) $ 16152 january 2 , 2016 16152 22067 ( 12461 ) ( 1 ) 25758 december 31 , 2016 25758 24597 ( 21191 ) ( 1 ) 29164 ( 1 ) accounts written off during the period .these amounts did not impact the company 2019s statement of operations for any year presented .note : other valuation and qualifying accounts have not been reported in this schedule because they are either not applicable or because the information has been included elsewhere in this report. .
Question: what was the balance for doubtful accounts receivables at the end of 2016?
Steps: Ask for number 29164
Answer: 29164.0
Question: what was the balance at the end of 2015?
Steps: Ask for number 13295
Answer: 13295.0
Question: what is the net change in value?
Steps: subtract(29164, 13295)
Answer: 15869.0
Question: what was the 2015 value?
Steps: Ask for number 13295
Answer: 13295.0
Question: what is the net change divided by the 2015 value?
| convfinqa2560 |
hologic , inc .notes to consolidated financial statements 2014 ( continued ) ( in thousands , except per share data ) future minimum lease payments under all the company 2019s operating leases are approximately as follows: . fiscal years ending | amount
september 24 2005 | $ 4848
september 30 2006 | 4672
september 29 2007 | 3680
september 27 2008 | 3237
september 26 2009 | 3158
thereafter | 40764
total ( not reduced by minimum sublease rentals of $ 165 ) | $ 60359 the company subleases a portion of its bedford facility and has received rental income of $ 277 , $ 410 and $ 682 for fiscal years 2004 , 2003 and 2002 , respectively , which has been recorded as an offset to rent expense in the accompanying statements of income .rental expense , net of sublease income , was approximately $ 4660 , $ 4963 , and $ 2462 for fiscal 2004 , 2003 and 2002 , respectively .9 .business segments and geographic information the company reports segment information in accordance with sfas no .131 , disclosures about segments of an enterprise and related information .operating segments are identified as components of an enterprise about which separate , discrete financial information is available for evaluation by the chief operating decision maker , or decision-making group , in making decisions how to allocate resources and assess performance .the company 2019s chief decision-maker , as defined under sfas no .131 , is the chief executive officer .to date , the company has viewed its operations and manages its business as four principal operating segments : the manufacture and sale of mammography products , osteoporosis assessment products , digital detectors and other products .as a result of the company 2019s implementation of a company wide integrated software application in fiscal 2003 , identifiable assets for the four principal operating segments only consist of inventories , intangible assets , and property and equipment .the company has presented all other assets as corporate assets .prior periods have been restated to conform to this presentation .intersegment sales and transfers are not significant. .
Question: what was the rental expense in 2003?
| 4963.0 | 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.
hologic , inc .notes to consolidated financial statements 2014 ( continued ) ( in thousands , except per share data ) future minimum lease payments under all the company 2019s operating leases are approximately as follows: . fiscal years ending | amount
september 24 2005 | $ 4848
september 30 2006 | 4672
september 29 2007 | 3680
september 27 2008 | 3237
september 26 2009 | 3158
thereafter | 40764
total ( not reduced by minimum sublease rentals of $ 165 ) | $ 60359 the company subleases a portion of its bedford facility and has received rental income of $ 277 , $ 410 and $ 682 for fiscal years 2004 , 2003 and 2002 , respectively , which has been recorded as an offset to rent expense in the accompanying statements of income .rental expense , net of sublease income , was approximately $ 4660 , $ 4963 , and $ 2462 for fiscal 2004 , 2003 and 2002 , respectively .9 .business segments and geographic information the company reports segment information in accordance with sfas no .131 , disclosures about segments of an enterprise and related information .operating segments are identified as components of an enterprise about which separate , discrete financial information is available for evaluation by the chief operating decision maker , or decision-making group , in making decisions how to allocate resources and assess performance .the company 2019s chief decision-maker , as defined under sfas no .131 , is the chief executive officer .to date , the company has viewed its operations and manages its business as four principal operating segments : the manufacture and sale of mammography products , osteoporosis assessment products , digital detectors and other products .as a result of the company 2019s implementation of a company wide integrated software application in fiscal 2003 , identifiable assets for the four principal operating segments only consist of inventories , intangible assets , and property and equipment .the company has presented all other assets as corporate assets .prior periods have been restated to conform to this presentation .intersegment sales and transfers are not significant. .
Question: what was the rental expense in 2003?
| convfinqa2561 |
hologic , inc .notes to consolidated financial statements 2014 ( continued ) ( in thousands , except per share data ) future minimum lease payments under all the company 2019s operating leases are approximately as follows: . fiscal years ending | amount
september 24 2005 | $ 4848
september 30 2006 | 4672
september 29 2007 | 3680
september 27 2008 | 3237
september 26 2009 | 3158
thereafter | 40764
total ( not reduced by minimum sublease rentals of $ 165 ) | $ 60359 the company subleases a portion of its bedford facility and has received rental income of $ 277 , $ 410 and $ 682 for fiscal years 2004 , 2003 and 2002 , respectively , which has been recorded as an offset to rent expense in the accompanying statements of income .rental expense , net of sublease income , was approximately $ 4660 , $ 4963 , and $ 2462 for fiscal 2004 , 2003 and 2002 , respectively .9 .business segments and geographic information the company reports segment information in accordance with sfas no .131 , disclosures about segments of an enterprise and related information .operating segments are identified as components of an enterprise about which separate , discrete financial information is available for evaluation by the chief operating decision maker , or decision-making group , in making decisions how to allocate resources and assess performance .the company 2019s chief decision-maker , as defined under sfas no .131 , is the chief executive officer .to date , the company has viewed its operations and manages its business as four principal operating segments : the manufacture and sale of mammography products , osteoporosis assessment products , digital detectors and other products .as a result of the company 2019s implementation of a company wide integrated software application in fiscal 2003 , identifiable assets for the four principal operating segments only consist of inventories , intangible assets , and property and equipment .the company has presented all other assets as corporate assets .prior periods have been restated to conform to this presentation .intersegment sales and transfers are not significant. .
Question: what was the rental expense in 2003?
Steps: Ask for number 4963
Answer: 4963.0
Question: and what was it in 2002?
| 2462.0 | 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.
hologic , inc .notes to consolidated financial statements 2014 ( continued ) ( in thousands , except per share data ) future minimum lease payments under all the company 2019s operating leases are approximately as follows: . fiscal years ending | amount
september 24 2005 | $ 4848
september 30 2006 | 4672
september 29 2007 | 3680
september 27 2008 | 3237
september 26 2009 | 3158
thereafter | 40764
total ( not reduced by minimum sublease rentals of $ 165 ) | $ 60359 the company subleases a portion of its bedford facility and has received rental income of $ 277 , $ 410 and $ 682 for fiscal years 2004 , 2003 and 2002 , respectively , which has been recorded as an offset to rent expense in the accompanying statements of income .rental expense , net of sublease income , was approximately $ 4660 , $ 4963 , and $ 2462 for fiscal 2004 , 2003 and 2002 , respectively .9 .business segments and geographic information the company reports segment information in accordance with sfas no .131 , disclosures about segments of an enterprise and related information .operating segments are identified as components of an enterprise about which separate , discrete financial information is available for evaluation by the chief operating decision maker , or decision-making group , in making decisions how to allocate resources and assess performance .the company 2019s chief decision-maker , as defined under sfas no .131 , is the chief executive officer .to date , the company has viewed its operations and manages its business as four principal operating segments : the manufacture and sale of mammography products , osteoporosis assessment products , digital detectors and other products .as a result of the company 2019s implementation of a company wide integrated software application in fiscal 2003 , identifiable assets for the four principal operating segments only consist of inventories , intangible assets , and property and equipment .the company has presented all other assets as corporate assets .prior periods have been restated to conform to this presentation .intersegment sales and transfers are not significant. .
Question: what was the rental expense in 2003?
Steps: Ask for number 4963
Answer: 4963.0
Question: and what was it in 2002?
| convfinqa2562 |
hologic , inc .notes to consolidated financial statements 2014 ( continued ) ( in thousands , except per share data ) future minimum lease payments under all the company 2019s operating leases are approximately as follows: . fiscal years ending | amount
september 24 2005 | $ 4848
september 30 2006 | 4672
september 29 2007 | 3680
september 27 2008 | 3237
september 26 2009 | 3158
thereafter | 40764
total ( not reduced by minimum sublease rentals of $ 165 ) | $ 60359 the company subleases a portion of its bedford facility and has received rental income of $ 277 , $ 410 and $ 682 for fiscal years 2004 , 2003 and 2002 , respectively , which has been recorded as an offset to rent expense in the accompanying statements of income .rental expense , net of sublease income , was approximately $ 4660 , $ 4963 , and $ 2462 for fiscal 2004 , 2003 and 2002 , respectively .9 .business segments and geographic information the company reports segment information in accordance with sfas no .131 , disclosures about segments of an enterprise and related information .operating segments are identified as components of an enterprise about which separate , discrete financial information is available for evaluation by the chief operating decision maker , or decision-making group , in making decisions how to allocate resources and assess performance .the company 2019s chief decision-maker , as defined under sfas no .131 , is the chief executive officer .to date , the company has viewed its operations and manages its business as four principal operating segments : the manufacture and sale of mammography products , osteoporosis assessment products , digital detectors and other products .as a result of the company 2019s implementation of a company wide integrated software application in fiscal 2003 , identifiable assets for the four principal operating segments only consist of inventories , intangible assets , and property and equipment .the company has presented all other assets as corporate assets .prior periods have been restated to conform to this presentation .intersegment sales and transfers are not significant. .
Question: what was the rental expense in 2003?
Steps: Ask for number 4963
Answer: 4963.0
Question: and what was it in 2002?
Steps: Ask for number 2462
Answer: 2462.0
Question: what was, then, the change over the year?
| 2501.0 | 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.
hologic , inc .notes to consolidated financial statements 2014 ( continued ) ( in thousands , except per share data ) future minimum lease payments under all the company 2019s operating leases are approximately as follows: . fiscal years ending | amount
september 24 2005 | $ 4848
september 30 2006 | 4672
september 29 2007 | 3680
september 27 2008 | 3237
september 26 2009 | 3158
thereafter | 40764
total ( not reduced by minimum sublease rentals of $ 165 ) | $ 60359 the company subleases a portion of its bedford facility and has received rental income of $ 277 , $ 410 and $ 682 for fiscal years 2004 , 2003 and 2002 , respectively , which has been recorded as an offset to rent expense in the accompanying statements of income .rental expense , net of sublease income , was approximately $ 4660 , $ 4963 , and $ 2462 for fiscal 2004 , 2003 and 2002 , respectively .9 .business segments and geographic information the company reports segment information in accordance with sfas no .131 , disclosures about segments of an enterprise and related information .operating segments are identified as components of an enterprise about which separate , discrete financial information is available for evaluation by the chief operating decision maker , or decision-making group , in making decisions how to allocate resources and assess performance .the company 2019s chief decision-maker , as defined under sfas no .131 , is the chief executive officer .to date , the company has viewed its operations and manages its business as four principal operating segments : the manufacture and sale of mammography products , osteoporosis assessment products , digital detectors and other products .as a result of the company 2019s implementation of a company wide integrated software application in fiscal 2003 , identifiable assets for the four principal operating segments only consist of inventories , intangible assets , and property and equipment .the company has presented all other assets as corporate assets .prior periods have been restated to conform to this presentation .intersegment sales and transfers are not significant. .
Question: what was the rental expense in 2003?
Steps: Ask for number 4963
Answer: 4963.0
Question: and what was it in 2002?
Steps: Ask for number 2462
Answer: 2462.0
Question: what was, then, the change over the year?
| convfinqa2563 |
hologic , inc .notes to consolidated financial statements 2014 ( continued ) ( in thousands , except per share data ) future minimum lease payments under all the company 2019s operating leases are approximately as follows: . fiscal years ending | amount
september 24 2005 | $ 4848
september 30 2006 | 4672
september 29 2007 | 3680
september 27 2008 | 3237
september 26 2009 | 3158
thereafter | 40764
total ( not reduced by minimum sublease rentals of $ 165 ) | $ 60359 the company subleases a portion of its bedford facility and has received rental income of $ 277 , $ 410 and $ 682 for fiscal years 2004 , 2003 and 2002 , respectively , which has been recorded as an offset to rent expense in the accompanying statements of income .rental expense , net of sublease income , was approximately $ 4660 , $ 4963 , and $ 2462 for fiscal 2004 , 2003 and 2002 , respectively .9 .business segments and geographic information the company reports segment information in accordance with sfas no .131 , disclosures about segments of an enterprise and related information .operating segments are identified as components of an enterprise about which separate , discrete financial information is available for evaluation by the chief operating decision maker , or decision-making group , in making decisions how to allocate resources and assess performance .the company 2019s chief decision-maker , as defined under sfas no .131 , is the chief executive officer .to date , the company has viewed its operations and manages its business as four principal operating segments : the manufacture and sale of mammography products , osteoporosis assessment products , digital detectors and other products .as a result of the company 2019s implementation of a company wide integrated software application in fiscal 2003 , identifiable assets for the four principal operating segments only consist of inventories , intangible assets , and property and equipment .the company has presented all other assets as corporate assets .prior periods have been restated to conform to this presentation .intersegment sales and transfers are not significant. .
Question: what was the rental expense in 2003?
Steps: Ask for number 4963
Answer: 4963.0
Question: and what was it in 2002?
Steps: Ask for number 2462
Answer: 2462.0
Question: what was, then, the change over the year?
Steps: subtract(4963, 2462)
Answer: 2501.0
Question: and what is this change as a percentage of the 2002 expense?
| 1.01584 | 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.
hologic , inc .notes to consolidated financial statements 2014 ( continued ) ( in thousands , except per share data ) future minimum lease payments under all the company 2019s operating leases are approximately as follows: . fiscal years ending | amount
september 24 2005 | $ 4848
september 30 2006 | 4672
september 29 2007 | 3680
september 27 2008 | 3237
september 26 2009 | 3158
thereafter | 40764
total ( not reduced by minimum sublease rentals of $ 165 ) | $ 60359 the company subleases a portion of its bedford facility and has received rental income of $ 277 , $ 410 and $ 682 for fiscal years 2004 , 2003 and 2002 , respectively , which has been recorded as an offset to rent expense in the accompanying statements of income .rental expense , net of sublease income , was approximately $ 4660 , $ 4963 , and $ 2462 for fiscal 2004 , 2003 and 2002 , respectively .9 .business segments and geographic information the company reports segment information in accordance with sfas no .131 , disclosures about segments of an enterprise and related information .operating segments are identified as components of an enterprise about which separate , discrete financial information is available for evaluation by the chief operating decision maker , or decision-making group , in making decisions how to allocate resources and assess performance .the company 2019s chief decision-maker , as defined under sfas no .131 , is the chief executive officer .to date , the company has viewed its operations and manages its business as four principal operating segments : the manufacture and sale of mammography products , osteoporosis assessment products , digital detectors and other products .as a result of the company 2019s implementation of a company wide integrated software application in fiscal 2003 , identifiable assets for the four principal operating segments only consist of inventories , intangible assets , and property and equipment .the company has presented all other assets as corporate assets .prior periods have been restated to conform to this presentation .intersegment sales and transfers are not significant. .
Question: what was the rental expense in 2003?
Steps: Ask for number 4963
Answer: 4963.0
Question: and what was it in 2002?
Steps: Ask for number 2462
Answer: 2462.0
Question: what was, then, the change over the year?
Steps: subtract(4963, 2462)
Answer: 2501.0
Question: and what is this change as a percentage of the 2002 expense?
| convfinqa2564 |
hologic , inc .notes to consolidated financial statements 2014 ( continued ) ( in thousands , except per share data ) future minimum lease payments under all the company 2019s operating leases are approximately as follows: . fiscal years ending | amount
september 24 2005 | $ 4848
september 30 2006 | 4672
september 29 2007 | 3680
september 27 2008 | 3237
september 26 2009 | 3158
thereafter | 40764
total ( not reduced by minimum sublease rentals of $ 165 ) | $ 60359 the company subleases a portion of its bedford facility and has received rental income of $ 277 , $ 410 and $ 682 for fiscal years 2004 , 2003 and 2002 , respectively , which has been recorded as an offset to rent expense in the accompanying statements of income .rental expense , net of sublease income , was approximately $ 4660 , $ 4963 , and $ 2462 for fiscal 2004 , 2003 and 2002 , respectively .9 .business segments and geographic information the company reports segment information in accordance with sfas no .131 , disclosures about segments of an enterprise and related information .operating segments are identified as components of an enterprise about which separate , discrete financial information is available for evaluation by the chief operating decision maker , or decision-making group , in making decisions how to allocate resources and assess performance .the company 2019s chief decision-maker , as defined under sfas no .131 , is the chief executive officer .to date , the company has viewed its operations and manages its business as four principal operating segments : the manufacture and sale of mammography products , osteoporosis assessment products , digital detectors and other products .as a result of the company 2019s implementation of a company wide integrated software application in fiscal 2003 , identifiable assets for the four principal operating segments only consist of inventories , intangible assets , and property and equipment .the company has presented all other assets as corporate assets .prior periods have been restated to conform to this presentation .intersegment sales and transfers are not significant. .
Question: what was the rental expense in 2003?
Steps: Ask for number 4963
Answer: 4963.0
Question: and what was it in 2002?
Steps: Ask for number 2462
Answer: 2462.0
Question: what was, then, the change over the year?
Steps: subtract(4963, 2462)
Answer: 2501.0
Question: and what is this change as a percentage of the 2002 expense?
Steps: Ask for number 2462
Answer: 1.01584
Question: and over the subsequent year, what was the change in this expense?
| -303.0 | 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.
hologic , inc .notes to consolidated financial statements 2014 ( continued ) ( in thousands , except per share data ) future minimum lease payments under all the company 2019s operating leases are approximately as follows: . fiscal years ending | amount
september 24 2005 | $ 4848
september 30 2006 | 4672
september 29 2007 | 3680
september 27 2008 | 3237
september 26 2009 | 3158
thereafter | 40764
total ( not reduced by minimum sublease rentals of $ 165 ) | $ 60359 the company subleases a portion of its bedford facility and has received rental income of $ 277 , $ 410 and $ 682 for fiscal years 2004 , 2003 and 2002 , respectively , which has been recorded as an offset to rent expense in the accompanying statements of income .rental expense , net of sublease income , was approximately $ 4660 , $ 4963 , and $ 2462 for fiscal 2004 , 2003 and 2002 , respectively .9 .business segments and geographic information the company reports segment information in accordance with sfas no .131 , disclosures about segments of an enterprise and related information .operating segments are identified as components of an enterprise about which separate , discrete financial information is available for evaluation by the chief operating decision maker , or decision-making group , in making decisions how to allocate resources and assess performance .the company 2019s chief decision-maker , as defined under sfas no .131 , is the chief executive officer .to date , the company has viewed its operations and manages its business as four principal operating segments : the manufacture and sale of mammography products , osteoporosis assessment products , digital detectors and other products .as a result of the company 2019s implementation of a company wide integrated software application in fiscal 2003 , identifiable assets for the four principal operating segments only consist of inventories , intangible assets , and property and equipment .the company has presented all other assets as corporate assets .prior periods have been restated to conform to this presentation .intersegment sales and transfers are not significant. .
Question: what was the rental expense in 2003?
Steps: Ask for number 4963
Answer: 4963.0
Question: and what was it in 2002?
Steps: Ask for number 2462
Answer: 2462.0
Question: what was, then, the change over the year?
Steps: subtract(4963, 2462)
Answer: 2501.0
Question: and what is this change as a percentage of the 2002 expense?
Steps: Ask for number 2462
Answer: 1.01584
Question: and over the subsequent year, what was the change in this expense?
| convfinqa2565 |
hologic , inc .notes to consolidated financial statements 2014 ( continued ) ( in thousands , except per share data ) future minimum lease payments under all the company 2019s operating leases are approximately as follows: . fiscal years ending | amount
september 24 2005 | $ 4848
september 30 2006 | 4672
september 29 2007 | 3680
september 27 2008 | 3237
september 26 2009 | 3158
thereafter | 40764
total ( not reduced by minimum sublease rentals of $ 165 ) | $ 60359 the company subleases a portion of its bedford facility and has received rental income of $ 277 , $ 410 and $ 682 for fiscal years 2004 , 2003 and 2002 , respectively , which has been recorded as an offset to rent expense in the accompanying statements of income .rental expense , net of sublease income , was approximately $ 4660 , $ 4963 , and $ 2462 for fiscal 2004 , 2003 and 2002 , respectively .9 .business segments and geographic information the company reports segment information in accordance with sfas no .131 , disclosures about segments of an enterprise and related information .operating segments are identified as components of an enterprise about which separate , discrete financial information is available for evaluation by the chief operating decision maker , or decision-making group , in making decisions how to allocate resources and assess performance .the company 2019s chief decision-maker , as defined under sfas no .131 , is the chief executive officer .to date , the company has viewed its operations and manages its business as four principal operating segments : the manufacture and sale of mammography products , osteoporosis assessment products , digital detectors and other products .as a result of the company 2019s implementation of a company wide integrated software application in fiscal 2003 , identifiable assets for the four principal operating segments only consist of inventories , intangible assets , and property and equipment .the company has presented all other assets as corporate assets .prior periods have been restated to conform to this presentation .intersegment sales and transfers are not significant. .
Question: what was the rental expense in 2003?
Steps: Ask for number 4963
Answer: 4963.0
Question: and what was it in 2002?
Steps: Ask for number 2462
Answer: 2462.0
Question: what was, then, the change over the year?
Steps: subtract(4963, 2462)
Answer: 2501.0
Question: and what is this change as a percentage of the 2002 expense?
Steps: Ask for number 2462
Answer: 1.01584
Question: and over the subsequent year, what was the change in this expense?
Steps: divide(#0, 2462)
Answer: -303.0
Question: and how much did it represent in relation to the rental expense in 2003, in percentage?
| -0.06105 | 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.
hologic , inc .notes to consolidated financial statements 2014 ( continued ) ( in thousands , except per share data ) future minimum lease payments under all the company 2019s operating leases are approximately as follows: . fiscal years ending | amount
september 24 2005 | $ 4848
september 30 2006 | 4672
september 29 2007 | 3680
september 27 2008 | 3237
september 26 2009 | 3158
thereafter | 40764
total ( not reduced by minimum sublease rentals of $ 165 ) | $ 60359 the company subleases a portion of its bedford facility and has received rental income of $ 277 , $ 410 and $ 682 for fiscal years 2004 , 2003 and 2002 , respectively , which has been recorded as an offset to rent expense in the accompanying statements of income .rental expense , net of sublease income , was approximately $ 4660 , $ 4963 , and $ 2462 for fiscal 2004 , 2003 and 2002 , respectively .9 .business segments and geographic information the company reports segment information in accordance with sfas no .131 , disclosures about segments of an enterprise and related information .operating segments are identified as components of an enterprise about which separate , discrete financial information is available for evaluation by the chief operating decision maker , or decision-making group , in making decisions how to allocate resources and assess performance .the company 2019s chief decision-maker , as defined under sfas no .131 , is the chief executive officer .to date , the company has viewed its operations and manages its business as four principal operating segments : the manufacture and sale of mammography products , osteoporosis assessment products , digital detectors and other products .as a result of the company 2019s implementation of a company wide integrated software application in fiscal 2003 , identifiable assets for the four principal operating segments only consist of inventories , intangible assets , and property and equipment .the company has presented all other assets as corporate assets .prior periods have been restated to conform to this presentation .intersegment sales and transfers are not significant. .
Question: what was the rental expense in 2003?
Steps: Ask for number 4963
Answer: 4963.0
Question: and what was it in 2002?
Steps: Ask for number 2462
Answer: 2462.0
Question: what was, then, the change over the year?
Steps: subtract(4963, 2462)
Answer: 2501.0
Question: and what is this change as a percentage of the 2002 expense?
Steps: Ask for number 2462
Answer: 1.01584
Question: and over the subsequent year, what was the change in this expense?
Steps: divide(#0, 2462)
Answer: -303.0
Question: and how much did it represent in relation to the rental expense in 2003, in percentage?
| convfinqa2566 |
the changes in the gross amount of unrecognized tax benefits for the year ended december 29 , 2007 are as follows: . | ( in thousands )
balance as of december 31 2006 | $ 337226
gross amount of the decreases in unrecognized tax benefits of tax positions taken during a prior year | -31608 ( 31608 )
gross amount of the increases in unrecognized tax benefits as a result of tax positions taken during the current year | 7764
amount of decreases in unrecognized tax benefits relating to settlements with taxing authorities | -6001 ( 6001 )
reductions to unrecognized tax benefits resulting from the lapse of the applicable statute of limitations | -511 ( 511 )
balance as of december 29 2007 | $ 306870 as of december 29 , 2007 , $ 228.4 million of unrecognized tax benefits would , if recognized , reduce the effective tax rate , as compared to $ 232.1 million as of december 31 , 2006 , the first day of cadence 2019s fiscal year .the total amounts of interest and penalties recognized in the consolidated income statement for the year ended december 29 , 2007 resulted in net tax benefits of $ 11.1 million and $ 0.4 million , respectively , primarily due to the effective settlement of tax audits during the year .the total amounts of gross accrued interest and penalties recognized in the consolidated balance sheets as of december 29 , 2007 , were $ 47.9 million and $ 9.7 million , respectively as compared to $ 65.8 million and $ 10.1 million , respectively as of december 31 , 2006 .note 9 .acquisitions for each of the acquisitions described below , the results of operations and the estimated fair value of the assets acquired and liabilities assumed have been included in cadence 2019s consolidated financial statements from the date of the acquisition .comparative pro forma financial information for all 2007 , 2006 and 2005 acquisitions have not been presented because the results of operations were not material to cadence 2019s consolidated financial statements .2007 acquisitions during 2007 , cadence acquired invarium , inc. , a san jose-based developer of advanced lithography-modeling and pattern-synthesis technology , and clear shape technologies , inc. , a san jose-based design for manufacturing technology company specializing in design-side solutions to minimize yield loss for advanced semiconductor integrated circuits .cadence acquired these two companies for an aggregate purchase price of $ 75.5 million , which included the payment of cash , the fair value of assumed options and acquisition costs .the $ 45.7 million of goodwill recorded in connection with these acquisitions is not expected to be deductible for income tax purposes .prior to acquiring clear shape technologies , inc. , cadence had an investment of $ 2.0 million in the company , representing a 12% ( 12 % ) ownership interest , which had been accounted for under the cost method of accounting .in accordance with sfas no .141 , 201cbusiness combinations , 201d cadence accounted for this acquisition as a step acquisition .subsequent adjustments to the purchase price of these acquired companies are included in the 201cother 201d line of the changes of goodwill table in note 10 below .2006 acquisition in march 2006 , cadence acquired a company for an aggregate initial purchase price of $ 25.8 million , which included the payment of cash , the fair value of assumed options and acquisition costs .the preliminary allocation of the purchase price was recorded as $ 17.4 million of goodwill , $ 9.4 million of identifiable intangible assets and $ ( 1.0 ) million of net liabilities .the $ 17.4 million of goodwill recorded in connection with this acquisition is not expected to be deductible for income tax purposes .subsequent adjustments to the purchase price of this acquired company are included in the 201cother 201d line of the changes of goodwill table in note 10 below. .
Question: what was the gross amount of unrecognized tax benefit in 2007?
| 306870.0 | 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 changes in the gross amount of unrecognized tax benefits for the year ended december 29 , 2007 are as follows: . | ( in thousands )
balance as of december 31 2006 | $ 337226
gross amount of the decreases in unrecognized tax benefits of tax positions taken during a prior year | -31608 ( 31608 )
gross amount of the increases in unrecognized tax benefits as a result of tax positions taken during the current year | 7764
amount of decreases in unrecognized tax benefits relating to settlements with taxing authorities | -6001 ( 6001 )
reductions to unrecognized tax benefits resulting from the lapse of the applicable statute of limitations | -511 ( 511 )
balance as of december 29 2007 | $ 306870 as of december 29 , 2007 , $ 228.4 million of unrecognized tax benefits would , if recognized , reduce the effective tax rate , as compared to $ 232.1 million as of december 31 , 2006 , the first day of cadence 2019s fiscal year .the total amounts of interest and penalties recognized in the consolidated income statement for the year ended december 29 , 2007 resulted in net tax benefits of $ 11.1 million and $ 0.4 million , respectively , primarily due to the effective settlement of tax audits during the year .the total amounts of gross accrued interest and penalties recognized in the consolidated balance sheets as of december 29 , 2007 , were $ 47.9 million and $ 9.7 million , respectively as compared to $ 65.8 million and $ 10.1 million , respectively as of december 31 , 2006 .note 9 .acquisitions for each of the acquisitions described below , the results of operations and the estimated fair value of the assets acquired and liabilities assumed have been included in cadence 2019s consolidated financial statements from the date of the acquisition .comparative pro forma financial information for all 2007 , 2006 and 2005 acquisitions have not been presented because the results of operations were not material to cadence 2019s consolidated financial statements .2007 acquisitions during 2007 , cadence acquired invarium , inc. , a san jose-based developer of advanced lithography-modeling and pattern-synthesis technology , and clear shape technologies , inc. , a san jose-based design for manufacturing technology company specializing in design-side solutions to minimize yield loss for advanced semiconductor integrated circuits .cadence acquired these two companies for an aggregate purchase price of $ 75.5 million , which included the payment of cash , the fair value of assumed options and acquisition costs .the $ 45.7 million of goodwill recorded in connection with these acquisitions is not expected to be deductible for income tax purposes .prior to acquiring clear shape technologies , inc. , cadence had an investment of $ 2.0 million in the company , representing a 12% ( 12 % ) ownership interest , which had been accounted for under the cost method of accounting .in accordance with sfas no .141 , 201cbusiness combinations , 201d cadence accounted for this acquisition as a step acquisition .subsequent adjustments to the purchase price of these acquired companies are included in the 201cother 201d line of the changes of goodwill table in note 10 below .2006 acquisition in march 2006 , cadence acquired a company for an aggregate initial purchase price of $ 25.8 million , which included the payment of cash , the fair value of assumed options and acquisition costs .the preliminary allocation of the purchase price was recorded as $ 17.4 million of goodwill , $ 9.4 million of identifiable intangible assets and $ ( 1.0 ) million of net liabilities .the $ 17.4 million of goodwill recorded in connection with this acquisition is not expected to be deductible for income tax purposes .subsequent adjustments to the purchase price of this acquired company are included in the 201cother 201d line of the changes of goodwill table in note 10 below. .
Question: what was the gross amount of unrecognized tax benefit in 2007?
| convfinqa2567 |
the changes in the gross amount of unrecognized tax benefits for the year ended december 29 , 2007 are as follows: . | ( in thousands )
balance as of december 31 2006 | $ 337226
gross amount of the decreases in unrecognized tax benefits of tax positions taken during a prior year | -31608 ( 31608 )
gross amount of the increases in unrecognized tax benefits as a result of tax positions taken during the current year | 7764
amount of decreases in unrecognized tax benefits relating to settlements with taxing authorities | -6001 ( 6001 )
reductions to unrecognized tax benefits resulting from the lapse of the applicable statute of limitations | -511 ( 511 )
balance as of december 29 2007 | $ 306870 as of december 29 , 2007 , $ 228.4 million of unrecognized tax benefits would , if recognized , reduce the effective tax rate , as compared to $ 232.1 million as of december 31 , 2006 , the first day of cadence 2019s fiscal year .the total amounts of interest and penalties recognized in the consolidated income statement for the year ended december 29 , 2007 resulted in net tax benefits of $ 11.1 million and $ 0.4 million , respectively , primarily due to the effective settlement of tax audits during the year .the total amounts of gross accrued interest and penalties recognized in the consolidated balance sheets as of december 29 , 2007 , were $ 47.9 million and $ 9.7 million , respectively as compared to $ 65.8 million and $ 10.1 million , respectively as of december 31 , 2006 .note 9 .acquisitions for each of the acquisitions described below , the results of operations and the estimated fair value of the assets acquired and liabilities assumed have been included in cadence 2019s consolidated financial statements from the date of the acquisition .comparative pro forma financial information for all 2007 , 2006 and 2005 acquisitions have not been presented because the results of operations were not material to cadence 2019s consolidated financial statements .2007 acquisitions during 2007 , cadence acquired invarium , inc. , a san jose-based developer of advanced lithography-modeling and pattern-synthesis technology , and clear shape technologies , inc. , a san jose-based design for manufacturing technology company specializing in design-side solutions to minimize yield loss for advanced semiconductor integrated circuits .cadence acquired these two companies for an aggregate purchase price of $ 75.5 million , which included the payment of cash , the fair value of assumed options and acquisition costs .the $ 45.7 million of goodwill recorded in connection with these acquisitions is not expected to be deductible for income tax purposes .prior to acquiring clear shape technologies , inc. , cadence had an investment of $ 2.0 million in the company , representing a 12% ( 12 % ) ownership interest , which had been accounted for under the cost method of accounting .in accordance with sfas no .141 , 201cbusiness combinations , 201d cadence accounted for this acquisition as a step acquisition .subsequent adjustments to the purchase price of these acquired companies are included in the 201cother 201d line of the changes of goodwill table in note 10 below .2006 acquisition in march 2006 , cadence acquired a company for an aggregate initial purchase price of $ 25.8 million , which included the payment of cash , the fair value of assumed options and acquisition costs .the preliminary allocation of the purchase price was recorded as $ 17.4 million of goodwill , $ 9.4 million of identifiable intangible assets and $ ( 1.0 ) million of net liabilities .the $ 17.4 million of goodwill recorded in connection with this acquisition is not expected to be deductible for income tax purposes .subsequent adjustments to the purchase price of this acquired company are included in the 201cother 201d line of the changes of goodwill table in note 10 below. .
Question: what was the gross amount of unrecognized tax benefit in 2007?
Steps: Ask for number 306870
Answer: 306870.0
Question: and what was it in 2006?
| 337226.0 | 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 changes in the gross amount of unrecognized tax benefits for the year ended december 29 , 2007 are as follows: . | ( in thousands )
balance as of december 31 2006 | $ 337226
gross amount of the decreases in unrecognized tax benefits of tax positions taken during a prior year | -31608 ( 31608 )
gross amount of the increases in unrecognized tax benefits as a result of tax positions taken during the current year | 7764
amount of decreases in unrecognized tax benefits relating to settlements with taxing authorities | -6001 ( 6001 )
reductions to unrecognized tax benefits resulting from the lapse of the applicable statute of limitations | -511 ( 511 )
balance as of december 29 2007 | $ 306870 as of december 29 , 2007 , $ 228.4 million of unrecognized tax benefits would , if recognized , reduce the effective tax rate , as compared to $ 232.1 million as of december 31 , 2006 , the first day of cadence 2019s fiscal year .the total amounts of interest and penalties recognized in the consolidated income statement for the year ended december 29 , 2007 resulted in net tax benefits of $ 11.1 million and $ 0.4 million , respectively , primarily due to the effective settlement of tax audits during the year .the total amounts of gross accrued interest and penalties recognized in the consolidated balance sheets as of december 29 , 2007 , were $ 47.9 million and $ 9.7 million , respectively as compared to $ 65.8 million and $ 10.1 million , respectively as of december 31 , 2006 .note 9 .acquisitions for each of the acquisitions described below , the results of operations and the estimated fair value of the assets acquired and liabilities assumed have been included in cadence 2019s consolidated financial statements from the date of the acquisition .comparative pro forma financial information for all 2007 , 2006 and 2005 acquisitions have not been presented because the results of operations were not material to cadence 2019s consolidated financial statements .2007 acquisitions during 2007 , cadence acquired invarium , inc. , a san jose-based developer of advanced lithography-modeling and pattern-synthesis technology , and clear shape technologies , inc. , a san jose-based design for manufacturing technology company specializing in design-side solutions to minimize yield loss for advanced semiconductor integrated circuits .cadence acquired these two companies for an aggregate purchase price of $ 75.5 million , which included the payment of cash , the fair value of assumed options and acquisition costs .the $ 45.7 million of goodwill recorded in connection with these acquisitions is not expected to be deductible for income tax purposes .prior to acquiring clear shape technologies , inc. , cadence had an investment of $ 2.0 million in the company , representing a 12% ( 12 % ) ownership interest , which had been accounted for under the cost method of accounting .in accordance with sfas no .141 , 201cbusiness combinations , 201d cadence accounted for this acquisition as a step acquisition .subsequent adjustments to the purchase price of these acquired companies are included in the 201cother 201d line of the changes of goodwill table in note 10 below .2006 acquisition in march 2006 , cadence acquired a company for an aggregate initial purchase price of $ 25.8 million , which included the payment of cash , the fair value of assumed options and acquisition costs .the preliminary allocation of the purchase price was recorded as $ 17.4 million of goodwill , $ 9.4 million of identifiable intangible assets and $ ( 1.0 ) million of net liabilities .the $ 17.4 million of goodwill recorded in connection with this acquisition is not expected to be deductible for income tax purposes .subsequent adjustments to the purchase price of this acquired company are included in the 201cother 201d line of the changes of goodwill table in note 10 below. .
Question: what was the gross amount of unrecognized tax benefit in 2007?
Steps: Ask for number 306870
Answer: 306870.0
Question: and what was it in 2006?
| convfinqa2568 |
the changes in the gross amount of unrecognized tax benefits for the year ended december 29 , 2007 are as follows: . | ( in thousands )
balance as of december 31 2006 | $ 337226
gross amount of the decreases in unrecognized tax benefits of tax positions taken during a prior year | -31608 ( 31608 )
gross amount of the increases in unrecognized tax benefits as a result of tax positions taken during the current year | 7764
amount of decreases in unrecognized tax benefits relating to settlements with taxing authorities | -6001 ( 6001 )
reductions to unrecognized tax benefits resulting from the lapse of the applicable statute of limitations | -511 ( 511 )
balance as of december 29 2007 | $ 306870 as of december 29 , 2007 , $ 228.4 million of unrecognized tax benefits would , if recognized , reduce the effective tax rate , as compared to $ 232.1 million as of december 31 , 2006 , the first day of cadence 2019s fiscal year .the total amounts of interest and penalties recognized in the consolidated income statement for the year ended december 29 , 2007 resulted in net tax benefits of $ 11.1 million and $ 0.4 million , respectively , primarily due to the effective settlement of tax audits during the year .the total amounts of gross accrued interest and penalties recognized in the consolidated balance sheets as of december 29 , 2007 , were $ 47.9 million and $ 9.7 million , respectively as compared to $ 65.8 million and $ 10.1 million , respectively as of december 31 , 2006 .note 9 .acquisitions for each of the acquisitions described below , the results of operations and the estimated fair value of the assets acquired and liabilities assumed have been included in cadence 2019s consolidated financial statements from the date of the acquisition .comparative pro forma financial information for all 2007 , 2006 and 2005 acquisitions have not been presented because the results of operations were not material to cadence 2019s consolidated financial statements .2007 acquisitions during 2007 , cadence acquired invarium , inc. , a san jose-based developer of advanced lithography-modeling and pattern-synthesis technology , and clear shape technologies , inc. , a san jose-based design for manufacturing technology company specializing in design-side solutions to minimize yield loss for advanced semiconductor integrated circuits .cadence acquired these two companies for an aggregate purchase price of $ 75.5 million , which included the payment of cash , the fair value of assumed options and acquisition costs .the $ 45.7 million of goodwill recorded in connection with these acquisitions is not expected to be deductible for income tax purposes .prior to acquiring clear shape technologies , inc. , cadence had an investment of $ 2.0 million in the company , representing a 12% ( 12 % ) ownership interest , which had been accounted for under the cost method of accounting .in accordance with sfas no .141 , 201cbusiness combinations , 201d cadence accounted for this acquisition as a step acquisition .subsequent adjustments to the purchase price of these acquired companies are included in the 201cother 201d line of the changes of goodwill table in note 10 below .2006 acquisition in march 2006 , cadence acquired a company for an aggregate initial purchase price of $ 25.8 million , which included the payment of cash , the fair value of assumed options and acquisition costs .the preliminary allocation of the purchase price was recorded as $ 17.4 million of goodwill , $ 9.4 million of identifiable intangible assets and $ ( 1.0 ) million of net liabilities .the $ 17.4 million of goodwill recorded in connection with this acquisition is not expected to be deductible for income tax purposes .subsequent adjustments to the purchase price of this acquired company are included in the 201cother 201d line of the changes of goodwill table in note 10 below. .
Question: what was the gross amount of unrecognized tax benefit in 2007?
Steps: Ask for number 306870
Answer: 306870.0
Question: and what was it in 2006?
Steps: Ask for number 337226
Answer: 337226.0
Question: what was, then, the change over the year?
| -30356.0 | 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 changes in the gross amount of unrecognized tax benefits for the year ended december 29 , 2007 are as follows: . | ( in thousands )
balance as of december 31 2006 | $ 337226
gross amount of the decreases in unrecognized tax benefits of tax positions taken during a prior year | -31608 ( 31608 )
gross amount of the increases in unrecognized tax benefits as a result of tax positions taken during the current year | 7764
amount of decreases in unrecognized tax benefits relating to settlements with taxing authorities | -6001 ( 6001 )
reductions to unrecognized tax benefits resulting from the lapse of the applicable statute of limitations | -511 ( 511 )
balance as of december 29 2007 | $ 306870 as of december 29 , 2007 , $ 228.4 million of unrecognized tax benefits would , if recognized , reduce the effective tax rate , as compared to $ 232.1 million as of december 31 , 2006 , the first day of cadence 2019s fiscal year .the total amounts of interest and penalties recognized in the consolidated income statement for the year ended december 29 , 2007 resulted in net tax benefits of $ 11.1 million and $ 0.4 million , respectively , primarily due to the effective settlement of tax audits during the year .the total amounts of gross accrued interest and penalties recognized in the consolidated balance sheets as of december 29 , 2007 , were $ 47.9 million and $ 9.7 million , respectively as compared to $ 65.8 million and $ 10.1 million , respectively as of december 31 , 2006 .note 9 .acquisitions for each of the acquisitions described below , the results of operations and the estimated fair value of the assets acquired and liabilities assumed have been included in cadence 2019s consolidated financial statements from the date of the acquisition .comparative pro forma financial information for all 2007 , 2006 and 2005 acquisitions have not been presented because the results of operations were not material to cadence 2019s consolidated financial statements .2007 acquisitions during 2007 , cadence acquired invarium , inc. , a san jose-based developer of advanced lithography-modeling and pattern-synthesis technology , and clear shape technologies , inc. , a san jose-based design for manufacturing technology company specializing in design-side solutions to minimize yield loss for advanced semiconductor integrated circuits .cadence acquired these two companies for an aggregate purchase price of $ 75.5 million , which included the payment of cash , the fair value of assumed options and acquisition costs .the $ 45.7 million of goodwill recorded in connection with these acquisitions is not expected to be deductible for income tax purposes .prior to acquiring clear shape technologies , inc. , cadence had an investment of $ 2.0 million in the company , representing a 12% ( 12 % ) ownership interest , which had been accounted for under the cost method of accounting .in accordance with sfas no .141 , 201cbusiness combinations , 201d cadence accounted for this acquisition as a step acquisition .subsequent adjustments to the purchase price of these acquired companies are included in the 201cother 201d line of the changes of goodwill table in note 10 below .2006 acquisition in march 2006 , cadence acquired a company for an aggregate initial purchase price of $ 25.8 million , which included the payment of cash , the fair value of assumed options and acquisition costs .the preliminary allocation of the purchase price was recorded as $ 17.4 million of goodwill , $ 9.4 million of identifiable intangible assets and $ ( 1.0 ) million of net liabilities .the $ 17.4 million of goodwill recorded in connection with this acquisition is not expected to be deductible for income tax purposes .subsequent adjustments to the purchase price of this acquired company are included in the 201cother 201d line of the changes of goodwill table in note 10 below. .
Question: what was the gross amount of unrecognized tax benefit in 2007?
Steps: Ask for number 306870
Answer: 306870.0
Question: and what was it in 2006?
Steps: Ask for number 337226
Answer: 337226.0
Question: what was, then, the change over the year?
| convfinqa2569 |
the changes in the gross amount of unrecognized tax benefits for the year ended december 29 , 2007 are as follows: . | ( in thousands )
balance as of december 31 2006 | $ 337226
gross amount of the decreases in unrecognized tax benefits of tax positions taken during a prior year | -31608 ( 31608 )
gross amount of the increases in unrecognized tax benefits as a result of tax positions taken during the current year | 7764
amount of decreases in unrecognized tax benefits relating to settlements with taxing authorities | -6001 ( 6001 )
reductions to unrecognized tax benefits resulting from the lapse of the applicable statute of limitations | -511 ( 511 )
balance as of december 29 2007 | $ 306870 as of december 29 , 2007 , $ 228.4 million of unrecognized tax benefits would , if recognized , reduce the effective tax rate , as compared to $ 232.1 million as of december 31 , 2006 , the first day of cadence 2019s fiscal year .the total amounts of interest and penalties recognized in the consolidated income statement for the year ended december 29 , 2007 resulted in net tax benefits of $ 11.1 million and $ 0.4 million , respectively , primarily due to the effective settlement of tax audits during the year .the total amounts of gross accrued interest and penalties recognized in the consolidated balance sheets as of december 29 , 2007 , were $ 47.9 million and $ 9.7 million , respectively as compared to $ 65.8 million and $ 10.1 million , respectively as of december 31 , 2006 .note 9 .acquisitions for each of the acquisitions described below , the results of operations and the estimated fair value of the assets acquired and liabilities assumed have been included in cadence 2019s consolidated financial statements from the date of the acquisition .comparative pro forma financial information for all 2007 , 2006 and 2005 acquisitions have not been presented because the results of operations were not material to cadence 2019s consolidated financial statements .2007 acquisitions during 2007 , cadence acquired invarium , inc. , a san jose-based developer of advanced lithography-modeling and pattern-synthesis technology , and clear shape technologies , inc. , a san jose-based design for manufacturing technology company specializing in design-side solutions to minimize yield loss for advanced semiconductor integrated circuits .cadence acquired these two companies for an aggregate purchase price of $ 75.5 million , which included the payment of cash , the fair value of assumed options and acquisition costs .the $ 45.7 million of goodwill recorded in connection with these acquisitions is not expected to be deductible for income tax purposes .prior to acquiring clear shape technologies , inc. , cadence had an investment of $ 2.0 million in the company , representing a 12% ( 12 % ) ownership interest , which had been accounted for under the cost method of accounting .in accordance with sfas no .141 , 201cbusiness combinations , 201d cadence accounted for this acquisition as a step acquisition .subsequent adjustments to the purchase price of these acquired companies are included in the 201cother 201d line of the changes of goodwill table in note 10 below .2006 acquisition in march 2006 , cadence acquired a company for an aggregate initial purchase price of $ 25.8 million , which included the payment of cash , the fair value of assumed options and acquisition costs .the preliminary allocation of the purchase price was recorded as $ 17.4 million of goodwill , $ 9.4 million of identifiable intangible assets and $ ( 1.0 ) million of net liabilities .the $ 17.4 million of goodwill recorded in connection with this acquisition is not expected to be deductible for income tax purposes .subsequent adjustments to the purchase price of this acquired company are included in the 201cother 201d line of the changes of goodwill table in note 10 below. .
Question: what was the gross amount of unrecognized tax benefit in 2007?
Steps: Ask for number 306870
Answer: 306870.0
Question: and what was it in 2006?
Steps: Ask for number 337226
Answer: 337226.0
Question: what was, then, the change over the year?
Steps: subtract(306870, 337226)
Answer: -30356.0
Question: and how much does this change represent in relation to the 2006 gross amount, in percentage?
| -0.09002 | 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 changes in the gross amount of unrecognized tax benefits for the year ended december 29 , 2007 are as follows: . | ( in thousands )
balance as of december 31 2006 | $ 337226
gross amount of the decreases in unrecognized tax benefits of tax positions taken during a prior year | -31608 ( 31608 )
gross amount of the increases in unrecognized tax benefits as a result of tax positions taken during the current year | 7764
amount of decreases in unrecognized tax benefits relating to settlements with taxing authorities | -6001 ( 6001 )
reductions to unrecognized tax benefits resulting from the lapse of the applicable statute of limitations | -511 ( 511 )
balance as of december 29 2007 | $ 306870 as of december 29 , 2007 , $ 228.4 million of unrecognized tax benefits would , if recognized , reduce the effective tax rate , as compared to $ 232.1 million as of december 31 , 2006 , the first day of cadence 2019s fiscal year .the total amounts of interest and penalties recognized in the consolidated income statement for the year ended december 29 , 2007 resulted in net tax benefits of $ 11.1 million and $ 0.4 million , respectively , primarily due to the effective settlement of tax audits during the year .the total amounts of gross accrued interest and penalties recognized in the consolidated balance sheets as of december 29 , 2007 , were $ 47.9 million and $ 9.7 million , respectively as compared to $ 65.8 million and $ 10.1 million , respectively as of december 31 , 2006 .note 9 .acquisitions for each of the acquisitions described below , the results of operations and the estimated fair value of the assets acquired and liabilities assumed have been included in cadence 2019s consolidated financial statements from the date of the acquisition .comparative pro forma financial information for all 2007 , 2006 and 2005 acquisitions have not been presented because the results of operations were not material to cadence 2019s consolidated financial statements .2007 acquisitions during 2007 , cadence acquired invarium , inc. , a san jose-based developer of advanced lithography-modeling and pattern-synthesis technology , and clear shape technologies , inc. , a san jose-based design for manufacturing technology company specializing in design-side solutions to minimize yield loss for advanced semiconductor integrated circuits .cadence acquired these two companies for an aggregate purchase price of $ 75.5 million , which included the payment of cash , the fair value of assumed options and acquisition costs .the $ 45.7 million of goodwill recorded in connection with these acquisitions is not expected to be deductible for income tax purposes .prior to acquiring clear shape technologies , inc. , cadence had an investment of $ 2.0 million in the company , representing a 12% ( 12 % ) ownership interest , which had been accounted for under the cost method of accounting .in accordance with sfas no .141 , 201cbusiness combinations , 201d cadence accounted for this acquisition as a step acquisition .subsequent adjustments to the purchase price of these acquired companies are included in the 201cother 201d line of the changes of goodwill table in note 10 below .2006 acquisition in march 2006 , cadence acquired a company for an aggregate initial purchase price of $ 25.8 million , which included the payment of cash , the fair value of assumed options and acquisition costs .the preliminary allocation of the purchase price was recorded as $ 17.4 million of goodwill , $ 9.4 million of identifiable intangible assets and $ ( 1.0 ) million of net liabilities .the $ 17.4 million of goodwill recorded in connection with this acquisition is not expected to be deductible for income tax purposes .subsequent adjustments to the purchase price of this acquired company are included in the 201cother 201d line of the changes of goodwill table in note 10 below. .
Question: what was the gross amount of unrecognized tax benefit in 2007?
Steps: Ask for number 306870
Answer: 306870.0
Question: and what was it in 2006?
Steps: Ask for number 337226
Answer: 337226.0
Question: what was, then, the change over the year?
Steps: subtract(306870, 337226)
Answer: -30356.0
Question: and how much does this change represent in relation to the 2006 gross amount, in percentage?
| convfinqa2570 |
page 73 of 98 notes to consolidated financial statements ball corporation and subsidiaries 15 .shareholders 2019 equity at december 31 , 2006 , the company had 550 million shares of common stock and 15 million shares of preferred stock authorized , both without par value .preferred stock includes 120000 authorized but unissued shares designated as series a junior participating preferred stock .under the company 2019s shareholder rights agreement dated july 26 , 2006 , one preferred stock purchase right ( right ) is attached to each outstanding share of ball corporation common stock .subject to adjustment , each right entitles the registered holder to purchase from the company one one-thousandth of a share of series a junior participating preferred stock at an exercise price of $ 185 per right .if a person or group acquires 10 percent or more of the company 2019s outstanding common stock ( or upon occurrence of certain other events ) , the rights ( other than those held by the acquiring person ) become exercisable and generally entitle the holder to purchase shares of ball corporation common stock at a 50 percent discount .the rights , which expire in 2016 , are redeemable by the company at a redemption price of $ 0.001 per right and trade with the common stock .exercise of such rights would cause substantial dilution to a person or group attempting to acquire control of the company without the approval of ball 2019s board of directors .the rights would not interfere with any merger or other business combinations approved by the board of directors .the company reduced its share repurchase program in 2006 to $ 45.7 million , net of issuances , compared to $ 358.1 million net repurchases in 2005 and $ 50 million in 2004 .the net repurchases in 2006 did not include a forward contract entered into in december 2006 for the repurchase of 1200000 shares .the contract was settled on january 5 , 2007 , for $ 51.9 million in cash .in connection with the employee stock purchase plan , the company contributes 20 percent of up to $ 500 of each participating employee 2019s monthly payroll deduction toward the purchase of ball corporation common stock .company contributions for this plan were $ 3.2 million in 2006 , $ 3.2 million in 2005 and $ 2.7 million in 2004 .accumulated other comprehensive earnings ( loss ) the activity related to accumulated other comprehensive earnings ( loss ) was as follows : ( $ in millions ) foreign currency translation pension and postretirement items , net of tax effective financial derivatives , net of tax accumulated comprehensive earnings ( loss ) . ( $ in millions ) | foreign currency translation | pension and other postretirement items net of tax | effective financial derivatives net of tax | accumulated other comprehensive earnings ( loss )
december 31 2003 | $ 80.7 | $ -93.1 ( 93.1 ) | $ 11.0 | $ -1.4 ( 1.4 )
2004 change | 68.2 | -33.2 ( 33.2 ) | -0.4 ( 0.4 ) | 34.6
december 31 2004 | 148.9 | -126.3 ( 126.3 ) | 10.6 | 33.2
2005 change | -74.3 ( 74.3 ) | -43.6 ( 43.6 ) | -16.0 ( 16.0 ) | -133.9 ( 133.9 )
december 31 2005 | 74.6 | -169.9 ( 169.9 ) | -5.4 ( 5.4 ) | -100.7 ( 100.7 )
2006 change | 57.2 | 8.0 | 6.0 | 71.2
december 31 2006 | $ 131.8 | $ -161.9 ( 161.9 ) | $ 0.6 | $ -29.5 ( 29.5 ) notwithstanding the 2005 distribution pursuant to the jobs act , management 2019s intention is to indefinitely reinvest foreign earnings .therefore , no taxes have been provided on the foreign currency translation component for any period .the change in the minimum pension liability is presented net of related tax expense of $ 2.9 million for 2006 and related tax benefits of $ 27.3 million and $ 20.8 million for 2005 and 2004 , respectively .the change in the effective financial derivatives is presented net of related tax expense of $ 5.7 million for 2006 , related tax benefit of $ 10.7 million for 2005 and related tax benefit of $ 0.2 million for 2004. .
Question: what was the difference in repurchases between 2005 and 2006?
| 312.4 | 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.
page 73 of 98 notes to consolidated financial statements ball corporation and subsidiaries 15 .shareholders 2019 equity at december 31 , 2006 , the company had 550 million shares of common stock and 15 million shares of preferred stock authorized , both without par value .preferred stock includes 120000 authorized but unissued shares designated as series a junior participating preferred stock .under the company 2019s shareholder rights agreement dated july 26 , 2006 , one preferred stock purchase right ( right ) is attached to each outstanding share of ball corporation common stock .subject to adjustment , each right entitles the registered holder to purchase from the company one one-thousandth of a share of series a junior participating preferred stock at an exercise price of $ 185 per right .if a person or group acquires 10 percent or more of the company 2019s outstanding common stock ( or upon occurrence of certain other events ) , the rights ( other than those held by the acquiring person ) become exercisable and generally entitle the holder to purchase shares of ball corporation common stock at a 50 percent discount .the rights , which expire in 2016 , are redeemable by the company at a redemption price of $ 0.001 per right and trade with the common stock .exercise of such rights would cause substantial dilution to a person or group attempting to acquire control of the company without the approval of ball 2019s board of directors .the rights would not interfere with any merger or other business combinations approved by the board of directors .the company reduced its share repurchase program in 2006 to $ 45.7 million , net of issuances , compared to $ 358.1 million net repurchases in 2005 and $ 50 million in 2004 .the net repurchases in 2006 did not include a forward contract entered into in december 2006 for the repurchase of 1200000 shares .the contract was settled on january 5 , 2007 , for $ 51.9 million in cash .in connection with the employee stock purchase plan , the company contributes 20 percent of up to $ 500 of each participating employee 2019s monthly payroll deduction toward the purchase of ball corporation common stock .company contributions for this plan were $ 3.2 million in 2006 , $ 3.2 million in 2005 and $ 2.7 million in 2004 .accumulated other comprehensive earnings ( loss ) the activity related to accumulated other comprehensive earnings ( loss ) was as follows : ( $ in millions ) foreign currency translation pension and postretirement items , net of tax effective financial derivatives , net of tax accumulated comprehensive earnings ( loss ) . ( $ in millions ) | foreign currency translation | pension and other postretirement items net of tax | effective financial derivatives net of tax | accumulated other comprehensive earnings ( loss )
december 31 2003 | $ 80.7 | $ -93.1 ( 93.1 ) | $ 11.0 | $ -1.4 ( 1.4 )
2004 change | 68.2 | -33.2 ( 33.2 ) | -0.4 ( 0.4 ) | 34.6
december 31 2004 | 148.9 | -126.3 ( 126.3 ) | 10.6 | 33.2
2005 change | -74.3 ( 74.3 ) | -43.6 ( 43.6 ) | -16.0 ( 16.0 ) | -133.9 ( 133.9 )
december 31 2005 | 74.6 | -169.9 ( 169.9 ) | -5.4 ( 5.4 ) | -100.7 ( 100.7 )
2006 change | 57.2 | 8.0 | 6.0 | 71.2
december 31 2006 | $ 131.8 | $ -161.9 ( 161.9 ) | $ 0.6 | $ -29.5 ( 29.5 ) notwithstanding the 2005 distribution pursuant to the jobs act , management 2019s intention is to indefinitely reinvest foreign earnings .therefore , no taxes have been provided on the foreign currency translation component for any period .the change in the minimum pension liability is presented net of related tax expense of $ 2.9 million for 2006 and related tax benefits of $ 27.3 million and $ 20.8 million for 2005 and 2004 , respectively .the change in the effective financial derivatives is presented net of related tax expense of $ 5.7 million for 2006 , related tax benefit of $ 10.7 million for 2005 and related tax benefit of $ 0.2 million for 2004. .
Question: what was the difference in repurchases between 2005 and 2006?
| convfinqa2571 |
page 73 of 98 notes to consolidated financial statements ball corporation and subsidiaries 15 .shareholders 2019 equity at december 31 , 2006 , the company had 550 million shares of common stock and 15 million shares of preferred stock authorized , both without par value .preferred stock includes 120000 authorized but unissued shares designated as series a junior participating preferred stock .under the company 2019s shareholder rights agreement dated july 26 , 2006 , one preferred stock purchase right ( right ) is attached to each outstanding share of ball corporation common stock .subject to adjustment , each right entitles the registered holder to purchase from the company one one-thousandth of a share of series a junior participating preferred stock at an exercise price of $ 185 per right .if a person or group acquires 10 percent or more of the company 2019s outstanding common stock ( or upon occurrence of certain other events ) , the rights ( other than those held by the acquiring person ) become exercisable and generally entitle the holder to purchase shares of ball corporation common stock at a 50 percent discount .the rights , which expire in 2016 , are redeemable by the company at a redemption price of $ 0.001 per right and trade with the common stock .exercise of such rights would cause substantial dilution to a person or group attempting to acquire control of the company without the approval of ball 2019s board of directors .the rights would not interfere with any merger or other business combinations approved by the board of directors .the company reduced its share repurchase program in 2006 to $ 45.7 million , net of issuances , compared to $ 358.1 million net repurchases in 2005 and $ 50 million in 2004 .the net repurchases in 2006 did not include a forward contract entered into in december 2006 for the repurchase of 1200000 shares .the contract was settled on january 5 , 2007 , for $ 51.9 million in cash .in connection with the employee stock purchase plan , the company contributes 20 percent of up to $ 500 of each participating employee 2019s monthly payroll deduction toward the purchase of ball corporation common stock .company contributions for this plan were $ 3.2 million in 2006 , $ 3.2 million in 2005 and $ 2.7 million in 2004 .accumulated other comprehensive earnings ( loss ) the activity related to accumulated other comprehensive earnings ( loss ) was as follows : ( $ in millions ) foreign currency translation pension and postretirement items , net of tax effective financial derivatives , net of tax accumulated comprehensive earnings ( loss ) . ( $ in millions ) | foreign currency translation | pension and other postretirement items net of tax | effective financial derivatives net of tax | accumulated other comprehensive earnings ( loss )
december 31 2003 | $ 80.7 | $ -93.1 ( 93.1 ) | $ 11.0 | $ -1.4 ( 1.4 )
2004 change | 68.2 | -33.2 ( 33.2 ) | -0.4 ( 0.4 ) | 34.6
december 31 2004 | 148.9 | -126.3 ( 126.3 ) | 10.6 | 33.2
2005 change | -74.3 ( 74.3 ) | -43.6 ( 43.6 ) | -16.0 ( 16.0 ) | -133.9 ( 133.9 )
december 31 2005 | 74.6 | -169.9 ( 169.9 ) | -5.4 ( 5.4 ) | -100.7 ( 100.7 )
2006 change | 57.2 | 8.0 | 6.0 | 71.2
december 31 2006 | $ 131.8 | $ -161.9 ( 161.9 ) | $ 0.6 | $ -29.5 ( 29.5 ) notwithstanding the 2005 distribution pursuant to the jobs act , management 2019s intention is to indefinitely reinvest foreign earnings .therefore , no taxes have been provided on the foreign currency translation component for any period .the change in the minimum pension liability is presented net of related tax expense of $ 2.9 million for 2006 and related tax benefits of $ 27.3 million and $ 20.8 million for 2005 and 2004 , respectively .the change in the effective financial derivatives is presented net of related tax expense of $ 5.7 million for 2006 , related tax benefit of $ 10.7 million for 2005 and related tax benefit of $ 0.2 million for 2004. .
Question: what was the difference in repurchases between 2005 and 2006?
Steps: subtract(358.1, 45.7)
Answer: 312.4
Question: and the value for 2005 specifically?
| 358.1 | 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.
page 73 of 98 notes to consolidated financial statements ball corporation and subsidiaries 15 .shareholders 2019 equity at december 31 , 2006 , the company had 550 million shares of common stock and 15 million shares of preferred stock authorized , both without par value .preferred stock includes 120000 authorized but unissued shares designated as series a junior participating preferred stock .under the company 2019s shareholder rights agreement dated july 26 , 2006 , one preferred stock purchase right ( right ) is attached to each outstanding share of ball corporation common stock .subject to adjustment , each right entitles the registered holder to purchase from the company one one-thousandth of a share of series a junior participating preferred stock at an exercise price of $ 185 per right .if a person or group acquires 10 percent or more of the company 2019s outstanding common stock ( or upon occurrence of certain other events ) , the rights ( other than those held by the acquiring person ) become exercisable and generally entitle the holder to purchase shares of ball corporation common stock at a 50 percent discount .the rights , which expire in 2016 , are redeemable by the company at a redemption price of $ 0.001 per right and trade with the common stock .exercise of such rights would cause substantial dilution to a person or group attempting to acquire control of the company without the approval of ball 2019s board of directors .the rights would not interfere with any merger or other business combinations approved by the board of directors .the company reduced its share repurchase program in 2006 to $ 45.7 million , net of issuances , compared to $ 358.1 million net repurchases in 2005 and $ 50 million in 2004 .the net repurchases in 2006 did not include a forward contract entered into in december 2006 for the repurchase of 1200000 shares .the contract was settled on january 5 , 2007 , for $ 51.9 million in cash .in connection with the employee stock purchase plan , the company contributes 20 percent of up to $ 500 of each participating employee 2019s monthly payroll deduction toward the purchase of ball corporation common stock .company contributions for this plan were $ 3.2 million in 2006 , $ 3.2 million in 2005 and $ 2.7 million in 2004 .accumulated other comprehensive earnings ( loss ) the activity related to accumulated other comprehensive earnings ( loss ) was as follows : ( $ in millions ) foreign currency translation pension and postretirement items , net of tax effective financial derivatives , net of tax accumulated comprehensive earnings ( loss ) . ( $ in millions ) | foreign currency translation | pension and other postretirement items net of tax | effective financial derivatives net of tax | accumulated other comprehensive earnings ( loss )
december 31 2003 | $ 80.7 | $ -93.1 ( 93.1 ) | $ 11.0 | $ -1.4 ( 1.4 )
2004 change | 68.2 | -33.2 ( 33.2 ) | -0.4 ( 0.4 ) | 34.6
december 31 2004 | 148.9 | -126.3 ( 126.3 ) | 10.6 | 33.2
2005 change | -74.3 ( 74.3 ) | -43.6 ( 43.6 ) | -16.0 ( 16.0 ) | -133.9 ( 133.9 )
december 31 2005 | 74.6 | -169.9 ( 169.9 ) | -5.4 ( 5.4 ) | -100.7 ( 100.7 )
2006 change | 57.2 | 8.0 | 6.0 | 71.2
december 31 2006 | $ 131.8 | $ -161.9 ( 161.9 ) | $ 0.6 | $ -29.5 ( 29.5 ) notwithstanding the 2005 distribution pursuant to the jobs act , management 2019s intention is to indefinitely reinvest foreign earnings .therefore , no taxes have been provided on the foreign currency translation component for any period .the change in the minimum pension liability is presented net of related tax expense of $ 2.9 million for 2006 and related tax benefits of $ 27.3 million and $ 20.8 million for 2005 and 2004 , respectively .the change in the effective financial derivatives is presented net of related tax expense of $ 5.7 million for 2006 , related tax benefit of $ 10.7 million for 2005 and related tax benefit of $ 0.2 million for 2004. .
Question: what was the difference in repurchases between 2005 and 2006?
Steps: subtract(358.1, 45.7)
Answer: 312.4
Question: and the value for 2005 specifically?
| convfinqa2572 |
page 73 of 98 notes to consolidated financial statements ball corporation and subsidiaries 15 .shareholders 2019 equity at december 31 , 2006 , the company had 550 million shares of common stock and 15 million shares of preferred stock authorized , both without par value .preferred stock includes 120000 authorized but unissued shares designated as series a junior participating preferred stock .under the company 2019s shareholder rights agreement dated july 26 , 2006 , one preferred stock purchase right ( right ) is attached to each outstanding share of ball corporation common stock .subject to adjustment , each right entitles the registered holder to purchase from the company one one-thousandth of a share of series a junior participating preferred stock at an exercise price of $ 185 per right .if a person or group acquires 10 percent or more of the company 2019s outstanding common stock ( or upon occurrence of certain other events ) , the rights ( other than those held by the acquiring person ) become exercisable and generally entitle the holder to purchase shares of ball corporation common stock at a 50 percent discount .the rights , which expire in 2016 , are redeemable by the company at a redemption price of $ 0.001 per right and trade with the common stock .exercise of such rights would cause substantial dilution to a person or group attempting to acquire control of the company without the approval of ball 2019s board of directors .the rights would not interfere with any merger or other business combinations approved by the board of directors .the company reduced its share repurchase program in 2006 to $ 45.7 million , net of issuances , compared to $ 358.1 million net repurchases in 2005 and $ 50 million in 2004 .the net repurchases in 2006 did not include a forward contract entered into in december 2006 for the repurchase of 1200000 shares .the contract was settled on january 5 , 2007 , for $ 51.9 million in cash .in connection with the employee stock purchase plan , the company contributes 20 percent of up to $ 500 of each participating employee 2019s monthly payroll deduction toward the purchase of ball corporation common stock .company contributions for this plan were $ 3.2 million in 2006 , $ 3.2 million in 2005 and $ 2.7 million in 2004 .accumulated other comprehensive earnings ( loss ) the activity related to accumulated other comprehensive earnings ( loss ) was as follows : ( $ in millions ) foreign currency translation pension and postretirement items , net of tax effective financial derivatives , net of tax accumulated comprehensive earnings ( loss ) . ( $ in millions ) | foreign currency translation | pension and other postretirement items net of tax | effective financial derivatives net of tax | accumulated other comprehensive earnings ( loss )
december 31 2003 | $ 80.7 | $ -93.1 ( 93.1 ) | $ 11.0 | $ -1.4 ( 1.4 )
2004 change | 68.2 | -33.2 ( 33.2 ) | -0.4 ( 0.4 ) | 34.6
december 31 2004 | 148.9 | -126.3 ( 126.3 ) | 10.6 | 33.2
2005 change | -74.3 ( 74.3 ) | -43.6 ( 43.6 ) | -16.0 ( 16.0 ) | -133.9 ( 133.9 )
december 31 2005 | 74.6 | -169.9 ( 169.9 ) | -5.4 ( 5.4 ) | -100.7 ( 100.7 )
2006 change | 57.2 | 8.0 | 6.0 | 71.2
december 31 2006 | $ 131.8 | $ -161.9 ( 161.9 ) | $ 0.6 | $ -29.5 ( 29.5 ) notwithstanding the 2005 distribution pursuant to the jobs act , management 2019s intention is to indefinitely reinvest foreign earnings .therefore , no taxes have been provided on the foreign currency translation component for any period .the change in the minimum pension liability is presented net of related tax expense of $ 2.9 million for 2006 and related tax benefits of $ 27.3 million and $ 20.8 million for 2005 and 2004 , respectively .the change in the effective financial derivatives is presented net of related tax expense of $ 5.7 million for 2006 , related tax benefit of $ 10.7 million for 2005 and related tax benefit of $ 0.2 million for 2004. .
Question: what was the difference in repurchases between 2005 and 2006?
Steps: subtract(358.1, 45.7)
Answer: 312.4
Question: and the value for 2005 specifically?
Steps: Ask for number 358.1
Answer: 358.1
Question: and so what was the percentage reduction?
| 0.87238 | 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.
page 73 of 98 notes to consolidated financial statements ball corporation and subsidiaries 15 .shareholders 2019 equity at december 31 , 2006 , the company had 550 million shares of common stock and 15 million shares of preferred stock authorized , both without par value .preferred stock includes 120000 authorized but unissued shares designated as series a junior participating preferred stock .under the company 2019s shareholder rights agreement dated july 26 , 2006 , one preferred stock purchase right ( right ) is attached to each outstanding share of ball corporation common stock .subject to adjustment , each right entitles the registered holder to purchase from the company one one-thousandth of a share of series a junior participating preferred stock at an exercise price of $ 185 per right .if a person or group acquires 10 percent or more of the company 2019s outstanding common stock ( or upon occurrence of certain other events ) , the rights ( other than those held by the acquiring person ) become exercisable and generally entitle the holder to purchase shares of ball corporation common stock at a 50 percent discount .the rights , which expire in 2016 , are redeemable by the company at a redemption price of $ 0.001 per right and trade with the common stock .exercise of such rights would cause substantial dilution to a person or group attempting to acquire control of the company without the approval of ball 2019s board of directors .the rights would not interfere with any merger or other business combinations approved by the board of directors .the company reduced its share repurchase program in 2006 to $ 45.7 million , net of issuances , compared to $ 358.1 million net repurchases in 2005 and $ 50 million in 2004 .the net repurchases in 2006 did not include a forward contract entered into in december 2006 for the repurchase of 1200000 shares .the contract was settled on january 5 , 2007 , for $ 51.9 million in cash .in connection with the employee stock purchase plan , the company contributes 20 percent of up to $ 500 of each participating employee 2019s monthly payroll deduction toward the purchase of ball corporation common stock .company contributions for this plan were $ 3.2 million in 2006 , $ 3.2 million in 2005 and $ 2.7 million in 2004 .accumulated other comprehensive earnings ( loss ) the activity related to accumulated other comprehensive earnings ( loss ) was as follows : ( $ in millions ) foreign currency translation pension and postretirement items , net of tax effective financial derivatives , net of tax accumulated comprehensive earnings ( loss ) . ( $ in millions ) | foreign currency translation | pension and other postretirement items net of tax | effective financial derivatives net of tax | accumulated other comprehensive earnings ( loss )
december 31 2003 | $ 80.7 | $ -93.1 ( 93.1 ) | $ 11.0 | $ -1.4 ( 1.4 )
2004 change | 68.2 | -33.2 ( 33.2 ) | -0.4 ( 0.4 ) | 34.6
december 31 2004 | 148.9 | -126.3 ( 126.3 ) | 10.6 | 33.2
2005 change | -74.3 ( 74.3 ) | -43.6 ( 43.6 ) | -16.0 ( 16.0 ) | -133.9 ( 133.9 )
december 31 2005 | 74.6 | -169.9 ( 169.9 ) | -5.4 ( 5.4 ) | -100.7 ( 100.7 )
2006 change | 57.2 | 8.0 | 6.0 | 71.2
december 31 2006 | $ 131.8 | $ -161.9 ( 161.9 ) | $ 0.6 | $ -29.5 ( 29.5 ) notwithstanding the 2005 distribution pursuant to the jobs act , management 2019s intention is to indefinitely reinvest foreign earnings .therefore , no taxes have been provided on the foreign currency translation component for any period .the change in the minimum pension liability is presented net of related tax expense of $ 2.9 million for 2006 and related tax benefits of $ 27.3 million and $ 20.8 million for 2005 and 2004 , respectively .the change in the effective financial derivatives is presented net of related tax expense of $ 5.7 million for 2006 , related tax benefit of $ 10.7 million for 2005 and related tax benefit of $ 0.2 million for 2004. .
Question: what was the difference in repurchases between 2005 and 2006?
Steps: subtract(358.1, 45.7)
Answer: 312.4
Question: and the value for 2005 specifically?
Steps: Ask for number 358.1
Answer: 358.1
Question: and so what was the percentage reduction?
| convfinqa2573 |
$ 25.7 million in cash , including $ 4.2 million in taxes and 1373609 of hep 2019s common units having a fair value of $ 53.5 million .roadrunner / beeson pipelines transaction also on december 1 , 2009 , hep acquired our two newly constructed pipelines for $ 46.5 million , consisting of a 65- mile , 16-inch crude oil pipeline ( the 201croadrunner pipeline 201d ) that connects our navajo refinery lovington facility to a terminus of centurion pipeline l.p . 2019s pipeline extending between west texas and cushing , oklahoma and a 37- mile , 8-inch crude oil pipeline that connects hep 2019s new mexico crude oil gathering system to our navajo refinery lovington facility ( the 201cbeeson pipeline 201d ) .tulsa west loading racks transaction on august 1 , 2009 , hep acquired from us , certain truck and rail loading/unloading facilities located at our tulsa west facility for $ 17.5 million .the racks load refined products and lube oils produced at the tulsa west facility onto rail cars and/or tanker trucks .lovington-artesia pipeline transaction on june 1 , 2009 , hep acquired our newly constructed , 16-inch intermediate pipeline for $ 34.2 million that runs 65 miles from our navajo refinery 2019s crude oil distillation and vacuum facilities in lovington , new mexico to its petroleum refinery located in artesia , new mexico .slc pipeline joint venture interest on march 1 , 2009 , hep acquired a 25% ( 25 % ) joint venture interest in the slc pipeline , a new 95-mile intrastate pipeline system jointly owned with plains .the slc pipeline commenced operations effective march 2009 and allows various refineries in the salt lake city area , including our woods cross refinery , to ship crude oil into the salt lake city area from the utah terminus of the frontier pipeline as well as crude oil flowing from wyoming and utah via plains 2019 rocky mountain pipeline .hep 2019s capitalized joint venture contribution was $ 25.5 million .rio grande pipeline sale on december 1 , 2009 , hep sold its 70% ( 70 % ) interest in rio grande pipeline company ( 201crio grande 201d ) to a subsidiary of enterprise products partners lp for $ 35 million .results of operations of rio grande are presented in discontinued operations .in accounting for this sale , hep recorded a gain of $ 14.5 million and a receivable of $ 2.2 million representing its final distribution from rio grande .the recorded net asset balance of rio grande at december 1 , 2009 , was $ 22.7 million , consisting of cash of $ 3.1 million , $ 29.9 million in properties and equipment , net and $ 10.3 million in equity , representing bp , plc 2019s 30% ( 30 % ) noncontrolling interest .the following table provides income statement information related to hep 2019s discontinued operations : year ended december 31 , 2009 ( in thousands ) . | year ended december 31 2009 ( in thousands )
income from discontinued operations before income taxes | $ 5367
income tax expense | -942 ( 942 )
income from discontinued operations net | 4425
gain on sale of discontinued operations before income taxes | 14479
income tax expense | -1978 ( 1978 )
gain on sale of discontinued operations net | 12501
income from discontinued operations net | $ 16926 transportation agreements hep serves our refineries under long-term pipeline and terminal , tankage and throughput agreements expiring in 2019 through 2026 .under these agreements , we pay hep fees to transport , store and throughput volumes of refined product and crude oil on hep 2019s pipeline and terminal , tankage and loading rack facilities that result in minimum annual payments to hep .under these agreements , the agreed upon tariff rates are subject to annual tariff rate adjustments on july 1 at a rate based upon the percentage change in producer price index ( 201cppi 201d ) or federal energy .
Question: what is the value of cash?
| 25.7 | 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.
$ 25.7 million in cash , including $ 4.2 million in taxes and 1373609 of hep 2019s common units having a fair value of $ 53.5 million .roadrunner / beeson pipelines transaction also on december 1 , 2009 , hep acquired our two newly constructed pipelines for $ 46.5 million , consisting of a 65- mile , 16-inch crude oil pipeline ( the 201croadrunner pipeline 201d ) that connects our navajo refinery lovington facility to a terminus of centurion pipeline l.p . 2019s pipeline extending between west texas and cushing , oklahoma and a 37- mile , 8-inch crude oil pipeline that connects hep 2019s new mexico crude oil gathering system to our navajo refinery lovington facility ( the 201cbeeson pipeline 201d ) .tulsa west loading racks transaction on august 1 , 2009 , hep acquired from us , certain truck and rail loading/unloading facilities located at our tulsa west facility for $ 17.5 million .the racks load refined products and lube oils produced at the tulsa west facility onto rail cars and/or tanker trucks .lovington-artesia pipeline transaction on june 1 , 2009 , hep acquired our newly constructed , 16-inch intermediate pipeline for $ 34.2 million that runs 65 miles from our navajo refinery 2019s crude oil distillation and vacuum facilities in lovington , new mexico to its petroleum refinery located in artesia , new mexico .slc pipeline joint venture interest on march 1 , 2009 , hep acquired a 25% ( 25 % ) joint venture interest in the slc pipeline , a new 95-mile intrastate pipeline system jointly owned with plains .the slc pipeline commenced operations effective march 2009 and allows various refineries in the salt lake city area , including our woods cross refinery , to ship crude oil into the salt lake city area from the utah terminus of the frontier pipeline as well as crude oil flowing from wyoming and utah via plains 2019 rocky mountain pipeline .hep 2019s capitalized joint venture contribution was $ 25.5 million .rio grande pipeline sale on december 1 , 2009 , hep sold its 70% ( 70 % ) interest in rio grande pipeline company ( 201crio grande 201d ) to a subsidiary of enterprise products partners lp for $ 35 million .results of operations of rio grande are presented in discontinued operations .in accounting for this sale , hep recorded a gain of $ 14.5 million and a receivable of $ 2.2 million representing its final distribution from rio grande .the recorded net asset balance of rio grande at december 1 , 2009 , was $ 22.7 million , consisting of cash of $ 3.1 million , $ 29.9 million in properties and equipment , net and $ 10.3 million in equity , representing bp , plc 2019s 30% ( 30 % ) noncontrolling interest .the following table provides income statement information related to hep 2019s discontinued operations : year ended december 31 , 2009 ( in thousands ) . | year ended december 31 2009 ( in thousands )
income from discontinued operations before income taxes | $ 5367
income tax expense | -942 ( 942 )
income from discontinued operations net | 4425
gain on sale of discontinued operations before income taxes | 14479
income tax expense | -1978 ( 1978 )
gain on sale of discontinued operations net | 12501
income from discontinued operations net | $ 16926 transportation agreements hep serves our refineries under long-term pipeline and terminal , tankage and throughput agreements expiring in 2019 through 2026 .under these agreements , we pay hep fees to transport , store and throughput volumes of refined product and crude oil on hep 2019s pipeline and terminal , tankage and loading rack facilities that result in minimum annual payments to hep .under these agreements , the agreed upon tariff rates are subject to annual tariff rate adjustments on july 1 at a rate based upon the percentage change in producer price index ( 201cppi 201d ) or federal energy .
Question: what is the value of cash?
| convfinqa2574 |
$ 25.7 million in cash , including $ 4.2 million in taxes and 1373609 of hep 2019s common units having a fair value of $ 53.5 million .roadrunner / beeson pipelines transaction also on december 1 , 2009 , hep acquired our two newly constructed pipelines for $ 46.5 million , consisting of a 65- mile , 16-inch crude oil pipeline ( the 201croadrunner pipeline 201d ) that connects our navajo refinery lovington facility to a terminus of centurion pipeline l.p . 2019s pipeline extending between west texas and cushing , oklahoma and a 37- mile , 8-inch crude oil pipeline that connects hep 2019s new mexico crude oil gathering system to our navajo refinery lovington facility ( the 201cbeeson pipeline 201d ) .tulsa west loading racks transaction on august 1 , 2009 , hep acquired from us , certain truck and rail loading/unloading facilities located at our tulsa west facility for $ 17.5 million .the racks load refined products and lube oils produced at the tulsa west facility onto rail cars and/or tanker trucks .lovington-artesia pipeline transaction on june 1 , 2009 , hep acquired our newly constructed , 16-inch intermediate pipeline for $ 34.2 million that runs 65 miles from our navajo refinery 2019s crude oil distillation and vacuum facilities in lovington , new mexico to its petroleum refinery located in artesia , new mexico .slc pipeline joint venture interest on march 1 , 2009 , hep acquired a 25% ( 25 % ) joint venture interest in the slc pipeline , a new 95-mile intrastate pipeline system jointly owned with plains .the slc pipeline commenced operations effective march 2009 and allows various refineries in the salt lake city area , including our woods cross refinery , to ship crude oil into the salt lake city area from the utah terminus of the frontier pipeline as well as crude oil flowing from wyoming and utah via plains 2019 rocky mountain pipeline .hep 2019s capitalized joint venture contribution was $ 25.5 million .rio grande pipeline sale on december 1 , 2009 , hep sold its 70% ( 70 % ) interest in rio grande pipeline company ( 201crio grande 201d ) to a subsidiary of enterprise products partners lp for $ 35 million .results of operations of rio grande are presented in discontinued operations .in accounting for this sale , hep recorded a gain of $ 14.5 million and a receivable of $ 2.2 million representing its final distribution from rio grande .the recorded net asset balance of rio grande at december 1 , 2009 , was $ 22.7 million , consisting of cash of $ 3.1 million , $ 29.9 million in properties and equipment , net and $ 10.3 million in equity , representing bp , plc 2019s 30% ( 30 % ) noncontrolling interest .the following table provides income statement information related to hep 2019s discontinued operations : year ended december 31 , 2009 ( in thousands ) . | year ended december 31 2009 ( in thousands )
income from discontinued operations before income taxes | $ 5367
income tax expense | -942 ( 942 )
income from discontinued operations net | 4425
gain on sale of discontinued operations before income taxes | 14479
income tax expense | -1978 ( 1978 )
gain on sale of discontinued operations net | 12501
income from discontinued operations net | $ 16926 transportation agreements hep serves our refineries under long-term pipeline and terminal , tankage and throughput agreements expiring in 2019 through 2026 .under these agreements , we pay hep fees to transport , store and throughput volumes of refined product and crude oil on hep 2019s pipeline and terminal , tankage and loading rack facilities that result in minimum annual payments to hep .under these agreements , the agreed upon tariff rates are subject to annual tariff rate adjustments on july 1 at a rate based upon the percentage change in producer price index ( 201cppi 201d ) or federal energy .
Question: what is the value of cash?
Steps: Ask for number 25.7
Answer: 25.7
Question: what is the value of taxes?
| 4.2 | 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.
$ 25.7 million in cash , including $ 4.2 million in taxes and 1373609 of hep 2019s common units having a fair value of $ 53.5 million .roadrunner / beeson pipelines transaction also on december 1 , 2009 , hep acquired our two newly constructed pipelines for $ 46.5 million , consisting of a 65- mile , 16-inch crude oil pipeline ( the 201croadrunner pipeline 201d ) that connects our navajo refinery lovington facility to a terminus of centurion pipeline l.p . 2019s pipeline extending between west texas and cushing , oklahoma and a 37- mile , 8-inch crude oil pipeline that connects hep 2019s new mexico crude oil gathering system to our navajo refinery lovington facility ( the 201cbeeson pipeline 201d ) .tulsa west loading racks transaction on august 1 , 2009 , hep acquired from us , certain truck and rail loading/unloading facilities located at our tulsa west facility for $ 17.5 million .the racks load refined products and lube oils produced at the tulsa west facility onto rail cars and/or tanker trucks .lovington-artesia pipeline transaction on june 1 , 2009 , hep acquired our newly constructed , 16-inch intermediate pipeline for $ 34.2 million that runs 65 miles from our navajo refinery 2019s crude oil distillation and vacuum facilities in lovington , new mexico to its petroleum refinery located in artesia , new mexico .slc pipeline joint venture interest on march 1 , 2009 , hep acquired a 25% ( 25 % ) joint venture interest in the slc pipeline , a new 95-mile intrastate pipeline system jointly owned with plains .the slc pipeline commenced operations effective march 2009 and allows various refineries in the salt lake city area , including our woods cross refinery , to ship crude oil into the salt lake city area from the utah terminus of the frontier pipeline as well as crude oil flowing from wyoming and utah via plains 2019 rocky mountain pipeline .hep 2019s capitalized joint venture contribution was $ 25.5 million .rio grande pipeline sale on december 1 , 2009 , hep sold its 70% ( 70 % ) interest in rio grande pipeline company ( 201crio grande 201d ) to a subsidiary of enterprise products partners lp for $ 35 million .results of operations of rio grande are presented in discontinued operations .in accounting for this sale , hep recorded a gain of $ 14.5 million and a receivable of $ 2.2 million representing its final distribution from rio grande .the recorded net asset balance of rio grande at december 1 , 2009 , was $ 22.7 million , consisting of cash of $ 3.1 million , $ 29.9 million in properties and equipment , net and $ 10.3 million in equity , representing bp , plc 2019s 30% ( 30 % ) noncontrolling interest .the following table provides income statement information related to hep 2019s discontinued operations : year ended december 31 , 2009 ( in thousands ) . | year ended december 31 2009 ( in thousands )
income from discontinued operations before income taxes | $ 5367
income tax expense | -942 ( 942 )
income from discontinued operations net | 4425
gain on sale of discontinued operations before income taxes | 14479
income tax expense | -1978 ( 1978 )
gain on sale of discontinued operations net | 12501
income from discontinued operations net | $ 16926 transportation agreements hep serves our refineries under long-term pipeline and terminal , tankage and throughput agreements expiring in 2019 through 2026 .under these agreements , we pay hep fees to transport , store and throughput volumes of refined product and crude oil on hep 2019s pipeline and terminal , tankage and loading rack facilities that result in minimum annual payments to hep .under these agreements , the agreed upon tariff rates are subject to annual tariff rate adjustments on july 1 at a rate based upon the percentage change in producer price index ( 201cppi 201d ) or federal energy .
Question: what is the value of cash?
Steps: Ask for number 25.7
Answer: 25.7
Question: what is the value of taxes?
| convfinqa2575 |
$ 25.7 million in cash , including $ 4.2 million in taxes and 1373609 of hep 2019s common units having a fair value of $ 53.5 million .roadrunner / beeson pipelines transaction also on december 1 , 2009 , hep acquired our two newly constructed pipelines for $ 46.5 million , consisting of a 65- mile , 16-inch crude oil pipeline ( the 201croadrunner pipeline 201d ) that connects our navajo refinery lovington facility to a terminus of centurion pipeline l.p . 2019s pipeline extending between west texas and cushing , oklahoma and a 37- mile , 8-inch crude oil pipeline that connects hep 2019s new mexico crude oil gathering system to our navajo refinery lovington facility ( the 201cbeeson pipeline 201d ) .tulsa west loading racks transaction on august 1 , 2009 , hep acquired from us , certain truck and rail loading/unloading facilities located at our tulsa west facility for $ 17.5 million .the racks load refined products and lube oils produced at the tulsa west facility onto rail cars and/or tanker trucks .lovington-artesia pipeline transaction on june 1 , 2009 , hep acquired our newly constructed , 16-inch intermediate pipeline for $ 34.2 million that runs 65 miles from our navajo refinery 2019s crude oil distillation and vacuum facilities in lovington , new mexico to its petroleum refinery located in artesia , new mexico .slc pipeline joint venture interest on march 1 , 2009 , hep acquired a 25% ( 25 % ) joint venture interest in the slc pipeline , a new 95-mile intrastate pipeline system jointly owned with plains .the slc pipeline commenced operations effective march 2009 and allows various refineries in the salt lake city area , including our woods cross refinery , to ship crude oil into the salt lake city area from the utah terminus of the frontier pipeline as well as crude oil flowing from wyoming and utah via plains 2019 rocky mountain pipeline .hep 2019s capitalized joint venture contribution was $ 25.5 million .rio grande pipeline sale on december 1 , 2009 , hep sold its 70% ( 70 % ) interest in rio grande pipeline company ( 201crio grande 201d ) to a subsidiary of enterprise products partners lp for $ 35 million .results of operations of rio grande are presented in discontinued operations .in accounting for this sale , hep recorded a gain of $ 14.5 million and a receivable of $ 2.2 million representing its final distribution from rio grande .the recorded net asset balance of rio grande at december 1 , 2009 , was $ 22.7 million , consisting of cash of $ 3.1 million , $ 29.9 million in properties and equipment , net and $ 10.3 million in equity , representing bp , plc 2019s 30% ( 30 % ) noncontrolling interest .the following table provides income statement information related to hep 2019s discontinued operations : year ended december 31 , 2009 ( in thousands ) . | year ended december 31 2009 ( in thousands )
income from discontinued operations before income taxes | $ 5367
income tax expense | -942 ( 942 )
income from discontinued operations net | 4425
gain on sale of discontinued operations before income taxes | 14479
income tax expense | -1978 ( 1978 )
gain on sale of discontinued operations net | 12501
income from discontinued operations net | $ 16926 transportation agreements hep serves our refineries under long-term pipeline and terminal , tankage and throughput agreements expiring in 2019 through 2026 .under these agreements , we pay hep fees to transport , store and throughput volumes of refined product and crude oil on hep 2019s pipeline and terminal , tankage and loading rack facilities that result in minimum annual payments to hep .under these agreements , the agreed upon tariff rates are subject to annual tariff rate adjustments on july 1 at a rate based upon the percentage change in producer price index ( 201cppi 201d ) or federal energy .
Question: what is the value of cash?
Steps: Ask for number 25.7
Answer: 25.7
Question: what is the value of taxes?
Steps: Ask for number 4.2
Answer: 4.2
Question: what is the sum of cash and taxes?
| 29.9 | 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.
$ 25.7 million in cash , including $ 4.2 million in taxes and 1373609 of hep 2019s common units having a fair value of $ 53.5 million .roadrunner / beeson pipelines transaction also on december 1 , 2009 , hep acquired our two newly constructed pipelines for $ 46.5 million , consisting of a 65- mile , 16-inch crude oil pipeline ( the 201croadrunner pipeline 201d ) that connects our navajo refinery lovington facility to a terminus of centurion pipeline l.p . 2019s pipeline extending between west texas and cushing , oklahoma and a 37- mile , 8-inch crude oil pipeline that connects hep 2019s new mexico crude oil gathering system to our navajo refinery lovington facility ( the 201cbeeson pipeline 201d ) .tulsa west loading racks transaction on august 1 , 2009 , hep acquired from us , certain truck and rail loading/unloading facilities located at our tulsa west facility for $ 17.5 million .the racks load refined products and lube oils produced at the tulsa west facility onto rail cars and/or tanker trucks .lovington-artesia pipeline transaction on june 1 , 2009 , hep acquired our newly constructed , 16-inch intermediate pipeline for $ 34.2 million that runs 65 miles from our navajo refinery 2019s crude oil distillation and vacuum facilities in lovington , new mexico to its petroleum refinery located in artesia , new mexico .slc pipeline joint venture interest on march 1 , 2009 , hep acquired a 25% ( 25 % ) joint venture interest in the slc pipeline , a new 95-mile intrastate pipeline system jointly owned with plains .the slc pipeline commenced operations effective march 2009 and allows various refineries in the salt lake city area , including our woods cross refinery , to ship crude oil into the salt lake city area from the utah terminus of the frontier pipeline as well as crude oil flowing from wyoming and utah via plains 2019 rocky mountain pipeline .hep 2019s capitalized joint venture contribution was $ 25.5 million .rio grande pipeline sale on december 1 , 2009 , hep sold its 70% ( 70 % ) interest in rio grande pipeline company ( 201crio grande 201d ) to a subsidiary of enterprise products partners lp for $ 35 million .results of operations of rio grande are presented in discontinued operations .in accounting for this sale , hep recorded a gain of $ 14.5 million and a receivable of $ 2.2 million representing its final distribution from rio grande .the recorded net asset balance of rio grande at december 1 , 2009 , was $ 22.7 million , consisting of cash of $ 3.1 million , $ 29.9 million in properties and equipment , net and $ 10.3 million in equity , representing bp , plc 2019s 30% ( 30 % ) noncontrolling interest .the following table provides income statement information related to hep 2019s discontinued operations : year ended december 31 , 2009 ( in thousands ) . | year ended december 31 2009 ( in thousands )
income from discontinued operations before income taxes | $ 5367
income tax expense | -942 ( 942 )
income from discontinued operations net | 4425
gain on sale of discontinued operations before income taxes | 14479
income tax expense | -1978 ( 1978 )
gain on sale of discontinued operations net | 12501
income from discontinued operations net | $ 16926 transportation agreements hep serves our refineries under long-term pipeline and terminal , tankage and throughput agreements expiring in 2019 through 2026 .under these agreements , we pay hep fees to transport , store and throughput volumes of refined product and crude oil on hep 2019s pipeline and terminal , tankage and loading rack facilities that result in minimum annual payments to hep .under these agreements , the agreed upon tariff rates are subject to annual tariff rate adjustments on july 1 at a rate based upon the percentage change in producer price index ( 201cppi 201d ) or federal energy .
Question: what is the value of cash?
Steps: Ask for number 25.7
Answer: 25.7
Question: what is the value of taxes?
Steps: Ask for number 4.2
Answer: 4.2
Question: what is the sum of cash and taxes?
| convfinqa2576 |
$ 25.7 million in cash , including $ 4.2 million in taxes and 1373609 of hep 2019s common units having a fair value of $ 53.5 million .roadrunner / beeson pipelines transaction also on december 1 , 2009 , hep acquired our two newly constructed pipelines for $ 46.5 million , consisting of a 65- mile , 16-inch crude oil pipeline ( the 201croadrunner pipeline 201d ) that connects our navajo refinery lovington facility to a terminus of centurion pipeline l.p . 2019s pipeline extending between west texas and cushing , oklahoma and a 37- mile , 8-inch crude oil pipeline that connects hep 2019s new mexico crude oil gathering system to our navajo refinery lovington facility ( the 201cbeeson pipeline 201d ) .tulsa west loading racks transaction on august 1 , 2009 , hep acquired from us , certain truck and rail loading/unloading facilities located at our tulsa west facility for $ 17.5 million .the racks load refined products and lube oils produced at the tulsa west facility onto rail cars and/or tanker trucks .lovington-artesia pipeline transaction on june 1 , 2009 , hep acquired our newly constructed , 16-inch intermediate pipeline for $ 34.2 million that runs 65 miles from our navajo refinery 2019s crude oil distillation and vacuum facilities in lovington , new mexico to its petroleum refinery located in artesia , new mexico .slc pipeline joint venture interest on march 1 , 2009 , hep acquired a 25% ( 25 % ) joint venture interest in the slc pipeline , a new 95-mile intrastate pipeline system jointly owned with plains .the slc pipeline commenced operations effective march 2009 and allows various refineries in the salt lake city area , including our woods cross refinery , to ship crude oil into the salt lake city area from the utah terminus of the frontier pipeline as well as crude oil flowing from wyoming and utah via plains 2019 rocky mountain pipeline .hep 2019s capitalized joint venture contribution was $ 25.5 million .rio grande pipeline sale on december 1 , 2009 , hep sold its 70% ( 70 % ) interest in rio grande pipeline company ( 201crio grande 201d ) to a subsidiary of enterprise products partners lp for $ 35 million .results of operations of rio grande are presented in discontinued operations .in accounting for this sale , hep recorded a gain of $ 14.5 million and a receivable of $ 2.2 million representing its final distribution from rio grande .the recorded net asset balance of rio grande at december 1 , 2009 , was $ 22.7 million , consisting of cash of $ 3.1 million , $ 29.9 million in properties and equipment , net and $ 10.3 million in equity , representing bp , plc 2019s 30% ( 30 % ) noncontrolling interest .the following table provides income statement information related to hep 2019s discontinued operations : year ended december 31 , 2009 ( in thousands ) . | year ended december 31 2009 ( in thousands )
income from discontinued operations before income taxes | $ 5367
income tax expense | -942 ( 942 )
income from discontinued operations net | 4425
gain on sale of discontinued operations before income taxes | 14479
income tax expense | -1978 ( 1978 )
gain on sale of discontinued operations net | 12501
income from discontinued operations net | $ 16926 transportation agreements hep serves our refineries under long-term pipeline and terminal , tankage and throughput agreements expiring in 2019 through 2026 .under these agreements , we pay hep fees to transport , store and throughput volumes of refined product and crude oil on hep 2019s pipeline and terminal , tankage and loading rack facilities that result in minimum annual payments to hep .under these agreements , the agreed upon tariff rates are subject to annual tariff rate adjustments on july 1 at a rate based upon the percentage change in producer price index ( 201cppi 201d ) or federal energy .
Question: what is the value of cash?
Steps: Ask for number 25.7
Answer: 25.7
Question: what is the value of taxes?
Steps: Ask for number 4.2
Answer: 4.2
Question: what is the sum of cash and taxes?
Steps: add(25.7, 4.2)
Answer: 29.9
Question: what is the total fair value less the sum of cash and taxes?
| 23.6 | 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.
$ 25.7 million in cash , including $ 4.2 million in taxes and 1373609 of hep 2019s common units having a fair value of $ 53.5 million .roadrunner / beeson pipelines transaction also on december 1 , 2009 , hep acquired our two newly constructed pipelines for $ 46.5 million , consisting of a 65- mile , 16-inch crude oil pipeline ( the 201croadrunner pipeline 201d ) that connects our navajo refinery lovington facility to a terminus of centurion pipeline l.p . 2019s pipeline extending between west texas and cushing , oklahoma and a 37- mile , 8-inch crude oil pipeline that connects hep 2019s new mexico crude oil gathering system to our navajo refinery lovington facility ( the 201cbeeson pipeline 201d ) .tulsa west loading racks transaction on august 1 , 2009 , hep acquired from us , certain truck and rail loading/unloading facilities located at our tulsa west facility for $ 17.5 million .the racks load refined products and lube oils produced at the tulsa west facility onto rail cars and/or tanker trucks .lovington-artesia pipeline transaction on june 1 , 2009 , hep acquired our newly constructed , 16-inch intermediate pipeline for $ 34.2 million that runs 65 miles from our navajo refinery 2019s crude oil distillation and vacuum facilities in lovington , new mexico to its petroleum refinery located in artesia , new mexico .slc pipeline joint venture interest on march 1 , 2009 , hep acquired a 25% ( 25 % ) joint venture interest in the slc pipeline , a new 95-mile intrastate pipeline system jointly owned with plains .the slc pipeline commenced operations effective march 2009 and allows various refineries in the salt lake city area , including our woods cross refinery , to ship crude oil into the salt lake city area from the utah terminus of the frontier pipeline as well as crude oil flowing from wyoming and utah via plains 2019 rocky mountain pipeline .hep 2019s capitalized joint venture contribution was $ 25.5 million .rio grande pipeline sale on december 1 , 2009 , hep sold its 70% ( 70 % ) interest in rio grande pipeline company ( 201crio grande 201d ) to a subsidiary of enterprise products partners lp for $ 35 million .results of operations of rio grande are presented in discontinued operations .in accounting for this sale , hep recorded a gain of $ 14.5 million and a receivable of $ 2.2 million representing its final distribution from rio grande .the recorded net asset balance of rio grande at december 1 , 2009 , was $ 22.7 million , consisting of cash of $ 3.1 million , $ 29.9 million in properties and equipment , net and $ 10.3 million in equity , representing bp , plc 2019s 30% ( 30 % ) noncontrolling interest .the following table provides income statement information related to hep 2019s discontinued operations : year ended december 31 , 2009 ( in thousands ) . | year ended december 31 2009 ( in thousands )
income from discontinued operations before income taxes | $ 5367
income tax expense | -942 ( 942 )
income from discontinued operations net | 4425
gain on sale of discontinued operations before income taxes | 14479
income tax expense | -1978 ( 1978 )
gain on sale of discontinued operations net | 12501
income from discontinued operations net | $ 16926 transportation agreements hep serves our refineries under long-term pipeline and terminal , tankage and throughput agreements expiring in 2019 through 2026 .under these agreements , we pay hep fees to transport , store and throughput volumes of refined product and crude oil on hep 2019s pipeline and terminal , tankage and loading rack facilities that result in minimum annual payments to hep .under these agreements , the agreed upon tariff rates are subject to annual tariff rate adjustments on july 1 at a rate based upon the percentage change in producer price index ( 201cppi 201d ) or federal energy .
Question: what is the value of cash?
Steps: Ask for number 25.7
Answer: 25.7
Question: what is the value of taxes?
Steps: Ask for number 4.2
Answer: 4.2
Question: what is the sum of cash and taxes?
Steps: add(25.7, 4.2)
Answer: 29.9
Question: what is the total fair value less the sum of cash and taxes?
| convfinqa2577 |
$ 25.7 million in cash , including $ 4.2 million in taxes and 1373609 of hep 2019s common units having a fair value of $ 53.5 million .roadrunner / beeson pipelines transaction also on december 1 , 2009 , hep acquired our two newly constructed pipelines for $ 46.5 million , consisting of a 65- mile , 16-inch crude oil pipeline ( the 201croadrunner pipeline 201d ) that connects our navajo refinery lovington facility to a terminus of centurion pipeline l.p . 2019s pipeline extending between west texas and cushing , oklahoma and a 37- mile , 8-inch crude oil pipeline that connects hep 2019s new mexico crude oil gathering system to our navajo refinery lovington facility ( the 201cbeeson pipeline 201d ) .tulsa west loading racks transaction on august 1 , 2009 , hep acquired from us , certain truck and rail loading/unloading facilities located at our tulsa west facility for $ 17.5 million .the racks load refined products and lube oils produced at the tulsa west facility onto rail cars and/or tanker trucks .lovington-artesia pipeline transaction on june 1 , 2009 , hep acquired our newly constructed , 16-inch intermediate pipeline for $ 34.2 million that runs 65 miles from our navajo refinery 2019s crude oil distillation and vacuum facilities in lovington , new mexico to its petroleum refinery located in artesia , new mexico .slc pipeline joint venture interest on march 1 , 2009 , hep acquired a 25% ( 25 % ) joint venture interest in the slc pipeline , a new 95-mile intrastate pipeline system jointly owned with plains .the slc pipeline commenced operations effective march 2009 and allows various refineries in the salt lake city area , including our woods cross refinery , to ship crude oil into the salt lake city area from the utah terminus of the frontier pipeline as well as crude oil flowing from wyoming and utah via plains 2019 rocky mountain pipeline .hep 2019s capitalized joint venture contribution was $ 25.5 million .rio grande pipeline sale on december 1 , 2009 , hep sold its 70% ( 70 % ) interest in rio grande pipeline company ( 201crio grande 201d ) to a subsidiary of enterprise products partners lp for $ 35 million .results of operations of rio grande are presented in discontinued operations .in accounting for this sale , hep recorded a gain of $ 14.5 million and a receivable of $ 2.2 million representing its final distribution from rio grande .the recorded net asset balance of rio grande at december 1 , 2009 , was $ 22.7 million , consisting of cash of $ 3.1 million , $ 29.9 million in properties and equipment , net and $ 10.3 million in equity , representing bp , plc 2019s 30% ( 30 % ) noncontrolling interest .the following table provides income statement information related to hep 2019s discontinued operations : year ended december 31 , 2009 ( in thousands ) . | year ended december 31 2009 ( in thousands )
income from discontinued operations before income taxes | $ 5367
income tax expense | -942 ( 942 )
income from discontinued operations net | 4425
gain on sale of discontinued operations before income taxes | 14479
income tax expense | -1978 ( 1978 )
gain on sale of discontinued operations net | 12501
income from discontinued operations net | $ 16926 transportation agreements hep serves our refineries under long-term pipeline and terminal , tankage and throughput agreements expiring in 2019 through 2026 .under these agreements , we pay hep fees to transport , store and throughput volumes of refined product and crude oil on hep 2019s pipeline and terminal , tankage and loading rack facilities that result in minimum annual payments to hep .under these agreements , the agreed upon tariff rates are subject to annual tariff rate adjustments on july 1 at a rate based upon the percentage change in producer price index ( 201cppi 201d ) or federal energy .
Question: what is the value of cash?
Steps: Ask for number 25.7
Answer: 25.7
Question: what is the value of taxes?
Steps: Ask for number 4.2
Answer: 4.2
Question: what is the sum of cash and taxes?
Steps: add(25.7, 4.2)
Answer: 29.9
Question: what is the total fair value less the sum of cash and taxes?
Steps: subtract(53.5, A0)
Answer: 23.6
Question: what is that divided by hep?
| 2e-05 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
$ 25.7 million in cash , including $ 4.2 million in taxes and 1373609 of hep 2019s common units having a fair value of $ 53.5 million .roadrunner / beeson pipelines transaction also on december 1 , 2009 , hep acquired our two newly constructed pipelines for $ 46.5 million , consisting of a 65- mile , 16-inch crude oil pipeline ( the 201croadrunner pipeline 201d ) that connects our navajo refinery lovington facility to a terminus of centurion pipeline l.p . 2019s pipeline extending between west texas and cushing , oklahoma and a 37- mile , 8-inch crude oil pipeline that connects hep 2019s new mexico crude oil gathering system to our navajo refinery lovington facility ( the 201cbeeson pipeline 201d ) .tulsa west loading racks transaction on august 1 , 2009 , hep acquired from us , certain truck and rail loading/unloading facilities located at our tulsa west facility for $ 17.5 million .the racks load refined products and lube oils produced at the tulsa west facility onto rail cars and/or tanker trucks .lovington-artesia pipeline transaction on june 1 , 2009 , hep acquired our newly constructed , 16-inch intermediate pipeline for $ 34.2 million that runs 65 miles from our navajo refinery 2019s crude oil distillation and vacuum facilities in lovington , new mexico to its petroleum refinery located in artesia , new mexico .slc pipeline joint venture interest on march 1 , 2009 , hep acquired a 25% ( 25 % ) joint venture interest in the slc pipeline , a new 95-mile intrastate pipeline system jointly owned with plains .the slc pipeline commenced operations effective march 2009 and allows various refineries in the salt lake city area , including our woods cross refinery , to ship crude oil into the salt lake city area from the utah terminus of the frontier pipeline as well as crude oil flowing from wyoming and utah via plains 2019 rocky mountain pipeline .hep 2019s capitalized joint venture contribution was $ 25.5 million .rio grande pipeline sale on december 1 , 2009 , hep sold its 70% ( 70 % ) interest in rio grande pipeline company ( 201crio grande 201d ) to a subsidiary of enterprise products partners lp for $ 35 million .results of operations of rio grande are presented in discontinued operations .in accounting for this sale , hep recorded a gain of $ 14.5 million and a receivable of $ 2.2 million representing its final distribution from rio grande .the recorded net asset balance of rio grande at december 1 , 2009 , was $ 22.7 million , consisting of cash of $ 3.1 million , $ 29.9 million in properties and equipment , net and $ 10.3 million in equity , representing bp , plc 2019s 30% ( 30 % ) noncontrolling interest .the following table provides income statement information related to hep 2019s discontinued operations : year ended december 31 , 2009 ( in thousands ) . | year ended december 31 2009 ( in thousands )
income from discontinued operations before income taxes | $ 5367
income tax expense | -942 ( 942 )
income from discontinued operations net | 4425
gain on sale of discontinued operations before income taxes | 14479
income tax expense | -1978 ( 1978 )
gain on sale of discontinued operations net | 12501
income from discontinued operations net | $ 16926 transportation agreements hep serves our refineries under long-term pipeline and terminal , tankage and throughput agreements expiring in 2019 through 2026 .under these agreements , we pay hep fees to transport , store and throughput volumes of refined product and crude oil on hep 2019s pipeline and terminal , tankage and loading rack facilities that result in minimum annual payments to hep .under these agreements , the agreed upon tariff rates are subject to annual tariff rate adjustments on july 1 at a rate based upon the percentage change in producer price index ( 201cppi 201d ) or federal energy .
Question: what is the value of cash?
Steps: Ask for number 25.7
Answer: 25.7
Question: what is the value of taxes?
Steps: Ask for number 4.2
Answer: 4.2
Question: what is the sum of cash and taxes?
Steps: add(25.7, 4.2)
Answer: 29.9
Question: what is the total fair value less the sum of cash and taxes?
Steps: subtract(53.5, A0)
Answer: 23.6
Question: what is that divided by hep?
| convfinqa2578 |
taxes .if group or its bermuda subsidiaries were to become subject to u.s .income tax ; there could be a material adverse effect on the company 2019s financial condition , results of operations and cash flows .united kingdom .bermuda re 2019s uk branch conducts business in the uk and is subject to taxation in the uk .bermuda re believes that it has operated and will continue to operate its bermuda operation in a manner which will not cause them to be subject to uk taxation .if bermuda re 2019s bermuda operations were to become subject to uk income tax there could be a material adverse impact on the company 2019s financial condition , results of operations and cash flow .available information the company 2019s annual reports on form 10-k , quarterly reports on form 10-q , current reports on form 8-k , proxy state- ments and amendments to those reports are available free of charge through the company 2019s internet website at http://www.everestre.com as soon as reasonably practicable after such reports are electronically filed with the securities and exchange commission ( the 201csec 201d ) .i t e m 1 a .r i s k f a c t o r s in addition to the other information provided in this report , the following risk factors should be considered when evaluating an investment in our securities .if the circumstances contemplated by the individual risk factors materialize , our business , finan- cial condition and results of operations could be materially and adversely affected and the trading price of our common shares could decline significantly .r i s k s r e l a t i n g t o o u r b u s i n e s s our results could be adversely affected by catastrophic events .we are exposed to unpredictable catastrophic events , including weather-related and other natural catastrophes , as well as acts of terrorism .any material reduction in our operating results caused by the occurrence of one or more catastrophes could inhibit our ability to pay dividends or to meet our interest and principal payment obligations .we define a catastrophe as an event that causes a pre-tax loss on property exposures before reinsurance of at least $ 5.0 million , before corporate level rein- surance and taxes .effective for the third quarter 2005 , industrial risk losses have been excluded from catastrophe losses , with prior periods adjusted for comparison purposes .by way of illustration , during the past five calendar years , pre-tax catastrophe losses , net of contract specific reinsurance but before cessions under corporate reinsurance programs , were as follows: . calendar year | calendar year |
2006 | $ 287.9 | million
2005 | $ 1485.7 | million
2004 | $ 390.0 | million
2003 | $ 35.0 | million
2002 | $ 30.0 | million our losses from future catastrophic events could exceed our projections .we use projections of possible losses from future catastrophic events of varying types and magnitudes as a strategic under- writing tool .we use these loss projections to estimate our potential catastrophe losses in certain geographic areas and decide on the purchase of retrocessional coverage or other actions to limit the extent of potential losses in a given geographic area .these loss projections are approximations reliant on a mix of quantitative and qualitative processes and actual losses may exceed the projections by a material amount .we focus on potential losses that can be generated by any single event as part of our evaluation and monitoring of our aggre- gate exposure to catastrophic events .accordingly , we employ various techniques to estimate the amount of loss we could sustain from any single catastrophic event in various geographical areas .these techniques range from non-modeled deterministic approaches 2014such as tracking aggregate limits exposed in catastrophe-prone zones and applying historic dam- age factors 2014to modeled approaches that scientifically measure catastrophe risks using sophisticated monte carlo simulation techniques that provide insights into the frequency and severity of expected losses on a probabilistic basis .if our loss reserves are inadequate to meet our actual losses , net income would be reduced or we could incur a loss .we are required to maintain reserves to cover our estimated ultimate liability of losses and loss adjustment expenses for both reported and unreported claims incurred .these reserves are only estimates of what we believe the settlement and adminis- tration of claims will cost based on facts and circumstances known to us .in setting reserves for our reinsurance liabilities , we rely on claim data supplied by our ceding companies and brokers and we employ actuarial and statistical projections .the information received from our ceding companies is not always timely or accurate , which can contribute to inaccuracies in our 81790fin_a 4/13/07 11:08 am page 23 http://www.everestre.com .
Question: what is the total pre-tax catastrophe losses of 2006 and 2005?
| 1773.6 | 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.
taxes .if group or its bermuda subsidiaries were to become subject to u.s .income tax ; there could be a material adverse effect on the company 2019s financial condition , results of operations and cash flows .united kingdom .bermuda re 2019s uk branch conducts business in the uk and is subject to taxation in the uk .bermuda re believes that it has operated and will continue to operate its bermuda operation in a manner which will not cause them to be subject to uk taxation .if bermuda re 2019s bermuda operations were to become subject to uk income tax there could be a material adverse impact on the company 2019s financial condition , results of operations and cash flow .available information the company 2019s annual reports on form 10-k , quarterly reports on form 10-q , current reports on form 8-k , proxy state- ments and amendments to those reports are available free of charge through the company 2019s internet website at http://www.everestre.com as soon as reasonably practicable after such reports are electronically filed with the securities and exchange commission ( the 201csec 201d ) .i t e m 1 a .r i s k f a c t o r s in addition to the other information provided in this report , the following risk factors should be considered when evaluating an investment in our securities .if the circumstances contemplated by the individual risk factors materialize , our business , finan- cial condition and results of operations could be materially and adversely affected and the trading price of our common shares could decline significantly .r i s k s r e l a t i n g t o o u r b u s i n e s s our results could be adversely affected by catastrophic events .we are exposed to unpredictable catastrophic events , including weather-related and other natural catastrophes , as well as acts of terrorism .any material reduction in our operating results caused by the occurrence of one or more catastrophes could inhibit our ability to pay dividends or to meet our interest and principal payment obligations .we define a catastrophe as an event that causes a pre-tax loss on property exposures before reinsurance of at least $ 5.0 million , before corporate level rein- surance and taxes .effective for the third quarter 2005 , industrial risk losses have been excluded from catastrophe losses , with prior periods adjusted for comparison purposes .by way of illustration , during the past five calendar years , pre-tax catastrophe losses , net of contract specific reinsurance but before cessions under corporate reinsurance programs , were as follows: . calendar year | calendar year |
2006 | $ 287.9 | million
2005 | $ 1485.7 | million
2004 | $ 390.0 | million
2003 | $ 35.0 | million
2002 | $ 30.0 | million our losses from future catastrophic events could exceed our projections .we use projections of possible losses from future catastrophic events of varying types and magnitudes as a strategic under- writing tool .we use these loss projections to estimate our potential catastrophe losses in certain geographic areas and decide on the purchase of retrocessional coverage or other actions to limit the extent of potential losses in a given geographic area .these loss projections are approximations reliant on a mix of quantitative and qualitative processes and actual losses may exceed the projections by a material amount .we focus on potential losses that can be generated by any single event as part of our evaluation and monitoring of our aggre- gate exposure to catastrophic events .accordingly , we employ various techniques to estimate the amount of loss we could sustain from any single catastrophic event in various geographical areas .these techniques range from non-modeled deterministic approaches 2014such as tracking aggregate limits exposed in catastrophe-prone zones and applying historic dam- age factors 2014to modeled approaches that scientifically measure catastrophe risks using sophisticated monte carlo simulation techniques that provide insights into the frequency and severity of expected losses on a probabilistic basis .if our loss reserves are inadequate to meet our actual losses , net income would be reduced or we could incur a loss .we are required to maintain reserves to cover our estimated ultimate liability of losses and loss adjustment expenses for both reported and unreported claims incurred .these reserves are only estimates of what we believe the settlement and adminis- tration of claims will cost based on facts and circumstances known to us .in setting reserves for our reinsurance liabilities , we rely on claim data supplied by our ceding companies and brokers and we employ actuarial and statistical projections .the information received from our ceding companies is not always timely or accurate , which can contribute to inaccuracies in our 81790fin_a 4/13/07 11:08 am page 23 http://www.everestre.com .
Question: what is the total pre-tax catastrophe losses of 2006 and 2005?
| convfinqa2579 |
taxes .if group or its bermuda subsidiaries were to become subject to u.s .income tax ; there could be a material adverse effect on the company 2019s financial condition , results of operations and cash flows .united kingdom .bermuda re 2019s uk branch conducts business in the uk and is subject to taxation in the uk .bermuda re believes that it has operated and will continue to operate its bermuda operation in a manner which will not cause them to be subject to uk taxation .if bermuda re 2019s bermuda operations were to become subject to uk income tax there could be a material adverse impact on the company 2019s financial condition , results of operations and cash flow .available information the company 2019s annual reports on form 10-k , quarterly reports on form 10-q , current reports on form 8-k , proxy state- ments and amendments to those reports are available free of charge through the company 2019s internet website at http://www.everestre.com as soon as reasonably practicable after such reports are electronically filed with the securities and exchange commission ( the 201csec 201d ) .i t e m 1 a .r i s k f a c t o r s in addition to the other information provided in this report , the following risk factors should be considered when evaluating an investment in our securities .if the circumstances contemplated by the individual risk factors materialize , our business , finan- cial condition and results of operations could be materially and adversely affected and the trading price of our common shares could decline significantly .r i s k s r e l a t i n g t o o u r b u s i n e s s our results could be adversely affected by catastrophic events .we are exposed to unpredictable catastrophic events , including weather-related and other natural catastrophes , as well as acts of terrorism .any material reduction in our operating results caused by the occurrence of one or more catastrophes could inhibit our ability to pay dividends or to meet our interest and principal payment obligations .we define a catastrophe as an event that causes a pre-tax loss on property exposures before reinsurance of at least $ 5.0 million , before corporate level rein- surance and taxes .effective for the third quarter 2005 , industrial risk losses have been excluded from catastrophe losses , with prior periods adjusted for comparison purposes .by way of illustration , during the past five calendar years , pre-tax catastrophe losses , net of contract specific reinsurance but before cessions under corporate reinsurance programs , were as follows: . calendar year | calendar year |
2006 | $ 287.9 | million
2005 | $ 1485.7 | million
2004 | $ 390.0 | million
2003 | $ 35.0 | million
2002 | $ 30.0 | million our losses from future catastrophic events could exceed our projections .we use projections of possible losses from future catastrophic events of varying types and magnitudes as a strategic under- writing tool .we use these loss projections to estimate our potential catastrophe losses in certain geographic areas and decide on the purchase of retrocessional coverage or other actions to limit the extent of potential losses in a given geographic area .these loss projections are approximations reliant on a mix of quantitative and qualitative processes and actual losses may exceed the projections by a material amount .we focus on potential losses that can be generated by any single event as part of our evaluation and monitoring of our aggre- gate exposure to catastrophic events .accordingly , we employ various techniques to estimate the amount of loss we could sustain from any single catastrophic event in various geographical areas .these techniques range from non-modeled deterministic approaches 2014such as tracking aggregate limits exposed in catastrophe-prone zones and applying historic dam- age factors 2014to modeled approaches that scientifically measure catastrophe risks using sophisticated monte carlo simulation techniques that provide insights into the frequency and severity of expected losses on a probabilistic basis .if our loss reserves are inadequate to meet our actual losses , net income would be reduced or we could incur a loss .we are required to maintain reserves to cover our estimated ultimate liability of losses and loss adjustment expenses for both reported and unreported claims incurred .these reserves are only estimates of what we believe the settlement and adminis- tration of claims will cost based on facts and circumstances known to us .in setting reserves for our reinsurance liabilities , we rely on claim data supplied by our ceding companies and brokers and we employ actuarial and statistical projections .the information received from our ceding companies is not always timely or accurate , which can contribute to inaccuracies in our 81790fin_a 4/13/07 11:08 am page 23 http://www.everestre.com .
Question: what is the total pre-tax catastrophe losses of 2006 and 2005?
Steps: add(287.9, 1485.7)
Answer: 1773.6
Question: what is the pre-tax catastrophe losses of 2004?
| 390.0 | 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.
taxes .if group or its bermuda subsidiaries were to become subject to u.s .income tax ; there could be a material adverse effect on the company 2019s financial condition , results of operations and cash flows .united kingdom .bermuda re 2019s uk branch conducts business in the uk and is subject to taxation in the uk .bermuda re believes that it has operated and will continue to operate its bermuda operation in a manner which will not cause them to be subject to uk taxation .if bermuda re 2019s bermuda operations were to become subject to uk income tax there could be a material adverse impact on the company 2019s financial condition , results of operations and cash flow .available information the company 2019s annual reports on form 10-k , quarterly reports on form 10-q , current reports on form 8-k , proxy state- ments and amendments to those reports are available free of charge through the company 2019s internet website at http://www.everestre.com as soon as reasonably practicable after such reports are electronically filed with the securities and exchange commission ( the 201csec 201d ) .i t e m 1 a .r i s k f a c t o r s in addition to the other information provided in this report , the following risk factors should be considered when evaluating an investment in our securities .if the circumstances contemplated by the individual risk factors materialize , our business , finan- cial condition and results of operations could be materially and adversely affected and the trading price of our common shares could decline significantly .r i s k s r e l a t i n g t o o u r b u s i n e s s our results could be adversely affected by catastrophic events .we are exposed to unpredictable catastrophic events , including weather-related and other natural catastrophes , as well as acts of terrorism .any material reduction in our operating results caused by the occurrence of one or more catastrophes could inhibit our ability to pay dividends or to meet our interest and principal payment obligations .we define a catastrophe as an event that causes a pre-tax loss on property exposures before reinsurance of at least $ 5.0 million , before corporate level rein- surance and taxes .effective for the third quarter 2005 , industrial risk losses have been excluded from catastrophe losses , with prior periods adjusted for comparison purposes .by way of illustration , during the past five calendar years , pre-tax catastrophe losses , net of contract specific reinsurance but before cessions under corporate reinsurance programs , were as follows: . calendar year | calendar year |
2006 | $ 287.9 | million
2005 | $ 1485.7 | million
2004 | $ 390.0 | million
2003 | $ 35.0 | million
2002 | $ 30.0 | million our losses from future catastrophic events could exceed our projections .we use projections of possible losses from future catastrophic events of varying types and magnitudes as a strategic under- writing tool .we use these loss projections to estimate our potential catastrophe losses in certain geographic areas and decide on the purchase of retrocessional coverage or other actions to limit the extent of potential losses in a given geographic area .these loss projections are approximations reliant on a mix of quantitative and qualitative processes and actual losses may exceed the projections by a material amount .we focus on potential losses that can be generated by any single event as part of our evaluation and monitoring of our aggre- gate exposure to catastrophic events .accordingly , we employ various techniques to estimate the amount of loss we could sustain from any single catastrophic event in various geographical areas .these techniques range from non-modeled deterministic approaches 2014such as tracking aggregate limits exposed in catastrophe-prone zones and applying historic dam- age factors 2014to modeled approaches that scientifically measure catastrophe risks using sophisticated monte carlo simulation techniques that provide insights into the frequency and severity of expected losses on a probabilistic basis .if our loss reserves are inadequate to meet our actual losses , net income would be reduced or we could incur a loss .we are required to maintain reserves to cover our estimated ultimate liability of losses and loss adjustment expenses for both reported and unreported claims incurred .these reserves are only estimates of what we believe the settlement and adminis- tration of claims will cost based on facts and circumstances known to us .in setting reserves for our reinsurance liabilities , we rely on claim data supplied by our ceding companies and brokers and we employ actuarial and statistical projections .the information received from our ceding companies is not always timely or accurate , which can contribute to inaccuracies in our 81790fin_a 4/13/07 11:08 am page 23 http://www.everestre.com .
Question: what is the total pre-tax catastrophe losses of 2006 and 2005?
Steps: add(287.9, 1485.7)
Answer: 1773.6
Question: what is the pre-tax catastrophe losses of 2004?
| convfinqa2580 |
taxes .if group or its bermuda subsidiaries were to become subject to u.s .income tax ; there could be a material adverse effect on the company 2019s financial condition , results of operations and cash flows .united kingdom .bermuda re 2019s uk branch conducts business in the uk and is subject to taxation in the uk .bermuda re believes that it has operated and will continue to operate its bermuda operation in a manner which will not cause them to be subject to uk taxation .if bermuda re 2019s bermuda operations were to become subject to uk income tax there could be a material adverse impact on the company 2019s financial condition , results of operations and cash flow .available information the company 2019s annual reports on form 10-k , quarterly reports on form 10-q , current reports on form 8-k , proxy state- ments and amendments to those reports are available free of charge through the company 2019s internet website at http://www.everestre.com as soon as reasonably practicable after such reports are electronically filed with the securities and exchange commission ( the 201csec 201d ) .i t e m 1 a .r i s k f a c t o r s in addition to the other information provided in this report , the following risk factors should be considered when evaluating an investment in our securities .if the circumstances contemplated by the individual risk factors materialize , our business , finan- cial condition and results of operations could be materially and adversely affected and the trading price of our common shares could decline significantly .r i s k s r e l a t i n g t o o u r b u s i n e s s our results could be adversely affected by catastrophic events .we are exposed to unpredictable catastrophic events , including weather-related and other natural catastrophes , as well as acts of terrorism .any material reduction in our operating results caused by the occurrence of one or more catastrophes could inhibit our ability to pay dividends or to meet our interest and principal payment obligations .we define a catastrophe as an event that causes a pre-tax loss on property exposures before reinsurance of at least $ 5.0 million , before corporate level rein- surance and taxes .effective for the third quarter 2005 , industrial risk losses have been excluded from catastrophe losses , with prior periods adjusted for comparison purposes .by way of illustration , during the past five calendar years , pre-tax catastrophe losses , net of contract specific reinsurance but before cessions under corporate reinsurance programs , were as follows: . calendar year | calendar year |
2006 | $ 287.9 | million
2005 | $ 1485.7 | million
2004 | $ 390.0 | million
2003 | $ 35.0 | million
2002 | $ 30.0 | million our losses from future catastrophic events could exceed our projections .we use projections of possible losses from future catastrophic events of varying types and magnitudes as a strategic under- writing tool .we use these loss projections to estimate our potential catastrophe losses in certain geographic areas and decide on the purchase of retrocessional coverage or other actions to limit the extent of potential losses in a given geographic area .these loss projections are approximations reliant on a mix of quantitative and qualitative processes and actual losses may exceed the projections by a material amount .we focus on potential losses that can be generated by any single event as part of our evaluation and monitoring of our aggre- gate exposure to catastrophic events .accordingly , we employ various techniques to estimate the amount of loss we could sustain from any single catastrophic event in various geographical areas .these techniques range from non-modeled deterministic approaches 2014such as tracking aggregate limits exposed in catastrophe-prone zones and applying historic dam- age factors 2014to modeled approaches that scientifically measure catastrophe risks using sophisticated monte carlo simulation techniques that provide insights into the frequency and severity of expected losses on a probabilistic basis .if our loss reserves are inadequate to meet our actual losses , net income would be reduced or we could incur a loss .we are required to maintain reserves to cover our estimated ultimate liability of losses and loss adjustment expenses for both reported and unreported claims incurred .these reserves are only estimates of what we believe the settlement and adminis- tration of claims will cost based on facts and circumstances known to us .in setting reserves for our reinsurance liabilities , we rely on claim data supplied by our ceding companies and brokers and we employ actuarial and statistical projections .the information received from our ceding companies is not always timely or accurate , which can contribute to inaccuracies in our 81790fin_a 4/13/07 11:08 am page 23 http://www.everestre.com .
Question: what is the total pre-tax catastrophe losses of 2006 and 2005?
Steps: add(287.9, 1485.7)
Answer: 1773.6
Question: what is the pre-tax catastrophe losses of 2004?
Steps: Ask for number 390.0
Answer: 390.0
Question: then what is the total pre-tax catastrophe losses if we also include 2004?
| 2163.6 | 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.
taxes .if group or its bermuda subsidiaries were to become subject to u.s .income tax ; there could be a material adverse effect on the company 2019s financial condition , results of operations and cash flows .united kingdom .bermuda re 2019s uk branch conducts business in the uk and is subject to taxation in the uk .bermuda re believes that it has operated and will continue to operate its bermuda operation in a manner which will not cause them to be subject to uk taxation .if bermuda re 2019s bermuda operations were to become subject to uk income tax there could be a material adverse impact on the company 2019s financial condition , results of operations and cash flow .available information the company 2019s annual reports on form 10-k , quarterly reports on form 10-q , current reports on form 8-k , proxy state- ments and amendments to those reports are available free of charge through the company 2019s internet website at http://www.everestre.com as soon as reasonably practicable after such reports are electronically filed with the securities and exchange commission ( the 201csec 201d ) .i t e m 1 a .r i s k f a c t o r s in addition to the other information provided in this report , the following risk factors should be considered when evaluating an investment in our securities .if the circumstances contemplated by the individual risk factors materialize , our business , finan- cial condition and results of operations could be materially and adversely affected and the trading price of our common shares could decline significantly .r i s k s r e l a t i n g t o o u r b u s i n e s s our results could be adversely affected by catastrophic events .we are exposed to unpredictable catastrophic events , including weather-related and other natural catastrophes , as well as acts of terrorism .any material reduction in our operating results caused by the occurrence of one or more catastrophes could inhibit our ability to pay dividends or to meet our interest and principal payment obligations .we define a catastrophe as an event that causes a pre-tax loss on property exposures before reinsurance of at least $ 5.0 million , before corporate level rein- surance and taxes .effective for the third quarter 2005 , industrial risk losses have been excluded from catastrophe losses , with prior periods adjusted for comparison purposes .by way of illustration , during the past five calendar years , pre-tax catastrophe losses , net of contract specific reinsurance but before cessions under corporate reinsurance programs , were as follows: . calendar year | calendar year |
2006 | $ 287.9 | million
2005 | $ 1485.7 | million
2004 | $ 390.0 | million
2003 | $ 35.0 | million
2002 | $ 30.0 | million our losses from future catastrophic events could exceed our projections .we use projections of possible losses from future catastrophic events of varying types and magnitudes as a strategic under- writing tool .we use these loss projections to estimate our potential catastrophe losses in certain geographic areas and decide on the purchase of retrocessional coverage or other actions to limit the extent of potential losses in a given geographic area .these loss projections are approximations reliant on a mix of quantitative and qualitative processes and actual losses may exceed the projections by a material amount .we focus on potential losses that can be generated by any single event as part of our evaluation and monitoring of our aggre- gate exposure to catastrophic events .accordingly , we employ various techniques to estimate the amount of loss we could sustain from any single catastrophic event in various geographical areas .these techniques range from non-modeled deterministic approaches 2014such as tracking aggregate limits exposed in catastrophe-prone zones and applying historic dam- age factors 2014to modeled approaches that scientifically measure catastrophe risks using sophisticated monte carlo simulation techniques that provide insights into the frequency and severity of expected losses on a probabilistic basis .if our loss reserves are inadequate to meet our actual losses , net income would be reduced or we could incur a loss .we are required to maintain reserves to cover our estimated ultimate liability of losses and loss adjustment expenses for both reported and unreported claims incurred .these reserves are only estimates of what we believe the settlement and adminis- tration of claims will cost based on facts and circumstances known to us .in setting reserves for our reinsurance liabilities , we rely on claim data supplied by our ceding companies and brokers and we employ actuarial and statistical projections .the information received from our ceding companies is not always timely or accurate , which can contribute to inaccuracies in our 81790fin_a 4/13/07 11:08 am page 23 http://www.everestre.com .
Question: what is the total pre-tax catastrophe losses of 2006 and 2005?
Steps: add(287.9, 1485.7)
Answer: 1773.6
Question: what is the pre-tax catastrophe losses of 2004?
Steps: Ask for number 390.0
Answer: 390.0
Question: then what is the total pre-tax catastrophe losses if we also include 2004?
| convfinqa2581 |
analog devices , inc .notes to consolidated financial statements 2014 ( continued ) depreciation expense for property , plant and equipment was $ 134.5 million , $ 130.1 million and $ 114.1 million in fiscal 2016 , 2015 and 2014 , respectively .the company reviews property , plant and equipment for impairment whenever events or changes in circumstances indicate that the carrying amount of assets may not be recoverable .recoverability of these assets is determined by comparison of their carrying amount to the future undiscounted cash flows the assets are expected to generate over their remaining economic lives .if such assets are considered to be impaired , the impairment to be recognized in earnings equals the amount by which the carrying value of the assets exceeds their fair value determined by either a quoted market price , if any , or a value determined by utilizing a discounted cash flow technique .if such assets are not impaired , but their useful lives have decreased , the remaining net book value is depreciated over the revised useful life .we have not recorded any material impairment charges related to our property , plant and equipment in fiscal 2016 , fiscal 2015 or fiscal 2014 .f .goodwill and intangible assets goodwill the company evaluates goodwill for impairment annually , as well as whenever events or changes in circumstances suggest that the carrying value of goodwill may not be recoverable .the company tests goodwill for impairment at the reporting unit level ( operating segment or one level below an operating segment ) on an annual basis on the first day of the fourth quarter ( on or about august 1 ) or more frequently if indicators of impairment exist .for the company 2019s latest annual impairment assessment that occurred as of july 31 , 2016 , the company identified its reporting units to be its seven operating segments .the performance of the test involves a two-step process .the first step of the quantitative impairment test involves comparing the fair values of the applicable reporting units with their aggregate carrying values , including goodwill .the company determines the fair value of its reporting units using a weighting of the income and market approaches .under the income approach , the company uses a discounted cash flow methodology which requires management to make significant estimates and assumptions related to forecasted revenues , gross profit margins , operating income margins , working capital cash flow , perpetual growth rates , and long-term discount rates , among others .for the market approach , the company uses the guideline public company method .under this method the company utilizes information from comparable publicly traded companies with similar operating and investment characteristics as the reporting units , to create valuation multiples that are applied to the operating performance of the reporting unit being tested , in order to obtain their respective fair values .in order to assess the reasonableness of the calculated reporting unit fair values , the company reconciles the aggregate fair values of its reporting units determined , as described above , to its current market capitalization , allowing for a reasonable control premium .if the carrying amount of a reporting unit , calculated using the above approaches , exceeds the reporting unit 2019s fair value , the company performs the second step of the goodwill impairment test to determine the amount of impairment loss .the second step of the goodwill impairment test involves comparing the implied fair value of the affected reporting unit 2019s goodwill with the carrying value of that reporting unit .there was no impairment of goodwill in any of the fiscal years presented .the company 2019s next annual impairment assessment will be performed as of the first day of the fourth quarter of the fiscal year ending october 28 , 2017 ( fiscal 2017 ) unless indicators arise that would require the company to reevaluate at an earlier date .the following table presents the changes in goodwill during fiscal 2016 and fiscal 2015: . | 2016 | 2015
balance at beginning of year | $ 1636526 | $ 1642438
acquisition of hittite ( note 6 ) ( 1 ) | 2014 | -1105 ( 1105 )
goodwill adjustment related to other acquisitions ( 2 ) | 44046 | 3663
foreign currency translation adjustment | -1456 ( 1456 ) | -8470 ( 8470 )
balance at end of year | $ 1679116 | $ 1636526 ( 1 ) amount in fiscal 2015 represents changes to goodwill as a result of finalizing the acquisition accounting related to the hittite acquisition .( 2 ) represents goodwill related to other acquisitions that were not material to the company on either an individual or aggregate basis .intangible assets the company reviews finite-lived intangible assets for impairment whenever events or changes in circumstances indicate that the carrying value of assets may not be recoverable .recoverability of these assets is determined by comparison of their carrying value to the estimated future undiscounted cash flows the assets are expected to generate over their remaining .
Question: what was the change in the balance of goodwill from 2014 to 2015?
| -5912.0 | 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.
analog devices , inc .notes to consolidated financial statements 2014 ( continued ) depreciation expense for property , plant and equipment was $ 134.5 million , $ 130.1 million and $ 114.1 million in fiscal 2016 , 2015 and 2014 , respectively .the company reviews property , plant and equipment for impairment whenever events or changes in circumstances indicate that the carrying amount of assets may not be recoverable .recoverability of these assets is determined by comparison of their carrying amount to the future undiscounted cash flows the assets are expected to generate over their remaining economic lives .if such assets are considered to be impaired , the impairment to be recognized in earnings equals the amount by which the carrying value of the assets exceeds their fair value determined by either a quoted market price , if any , or a value determined by utilizing a discounted cash flow technique .if such assets are not impaired , but their useful lives have decreased , the remaining net book value is depreciated over the revised useful life .we have not recorded any material impairment charges related to our property , plant and equipment in fiscal 2016 , fiscal 2015 or fiscal 2014 .f .goodwill and intangible assets goodwill the company evaluates goodwill for impairment annually , as well as whenever events or changes in circumstances suggest that the carrying value of goodwill may not be recoverable .the company tests goodwill for impairment at the reporting unit level ( operating segment or one level below an operating segment ) on an annual basis on the first day of the fourth quarter ( on or about august 1 ) or more frequently if indicators of impairment exist .for the company 2019s latest annual impairment assessment that occurred as of july 31 , 2016 , the company identified its reporting units to be its seven operating segments .the performance of the test involves a two-step process .the first step of the quantitative impairment test involves comparing the fair values of the applicable reporting units with their aggregate carrying values , including goodwill .the company determines the fair value of its reporting units using a weighting of the income and market approaches .under the income approach , the company uses a discounted cash flow methodology which requires management to make significant estimates and assumptions related to forecasted revenues , gross profit margins , operating income margins , working capital cash flow , perpetual growth rates , and long-term discount rates , among others .for the market approach , the company uses the guideline public company method .under this method the company utilizes information from comparable publicly traded companies with similar operating and investment characteristics as the reporting units , to create valuation multiples that are applied to the operating performance of the reporting unit being tested , in order to obtain their respective fair values .in order to assess the reasonableness of the calculated reporting unit fair values , the company reconciles the aggregate fair values of its reporting units determined , as described above , to its current market capitalization , allowing for a reasonable control premium .if the carrying amount of a reporting unit , calculated using the above approaches , exceeds the reporting unit 2019s fair value , the company performs the second step of the goodwill impairment test to determine the amount of impairment loss .the second step of the goodwill impairment test involves comparing the implied fair value of the affected reporting unit 2019s goodwill with the carrying value of that reporting unit .there was no impairment of goodwill in any of the fiscal years presented .the company 2019s next annual impairment assessment will be performed as of the first day of the fourth quarter of the fiscal year ending october 28 , 2017 ( fiscal 2017 ) unless indicators arise that would require the company to reevaluate at an earlier date .the following table presents the changes in goodwill during fiscal 2016 and fiscal 2015: . | 2016 | 2015
balance at beginning of year | $ 1636526 | $ 1642438
acquisition of hittite ( note 6 ) ( 1 ) | 2014 | -1105 ( 1105 )
goodwill adjustment related to other acquisitions ( 2 ) | 44046 | 3663
foreign currency translation adjustment | -1456 ( 1456 ) | -8470 ( 8470 )
balance at end of year | $ 1679116 | $ 1636526 ( 1 ) amount in fiscal 2015 represents changes to goodwill as a result of finalizing the acquisition accounting related to the hittite acquisition .( 2 ) represents goodwill related to other acquisitions that were not material to the company on either an individual or aggregate basis .intangible assets the company reviews finite-lived intangible assets for impairment whenever events or changes in circumstances indicate that the carrying value of assets may not be recoverable .recoverability of these assets is determined by comparison of their carrying value to the estimated future undiscounted cash flows the assets are expected to generate over their remaining .
Question: what was the change in the balance of goodwill from 2014 to 2015?
| convfinqa2582 |
analog devices , inc .notes to consolidated financial statements 2014 ( continued ) depreciation expense for property , plant and equipment was $ 134.5 million , $ 130.1 million and $ 114.1 million in fiscal 2016 , 2015 and 2014 , respectively .the company reviews property , plant and equipment for impairment whenever events or changes in circumstances indicate that the carrying amount of assets may not be recoverable .recoverability of these assets is determined by comparison of their carrying amount to the future undiscounted cash flows the assets are expected to generate over their remaining economic lives .if such assets are considered to be impaired , the impairment to be recognized in earnings equals the amount by which the carrying value of the assets exceeds their fair value determined by either a quoted market price , if any , or a value determined by utilizing a discounted cash flow technique .if such assets are not impaired , but their useful lives have decreased , the remaining net book value is depreciated over the revised useful life .we have not recorded any material impairment charges related to our property , plant and equipment in fiscal 2016 , fiscal 2015 or fiscal 2014 .f .goodwill and intangible assets goodwill the company evaluates goodwill for impairment annually , as well as whenever events or changes in circumstances suggest that the carrying value of goodwill may not be recoverable .the company tests goodwill for impairment at the reporting unit level ( operating segment or one level below an operating segment ) on an annual basis on the first day of the fourth quarter ( on or about august 1 ) or more frequently if indicators of impairment exist .for the company 2019s latest annual impairment assessment that occurred as of july 31 , 2016 , the company identified its reporting units to be its seven operating segments .the performance of the test involves a two-step process .the first step of the quantitative impairment test involves comparing the fair values of the applicable reporting units with their aggregate carrying values , including goodwill .the company determines the fair value of its reporting units using a weighting of the income and market approaches .under the income approach , the company uses a discounted cash flow methodology which requires management to make significant estimates and assumptions related to forecasted revenues , gross profit margins , operating income margins , working capital cash flow , perpetual growth rates , and long-term discount rates , among others .for the market approach , the company uses the guideline public company method .under this method the company utilizes information from comparable publicly traded companies with similar operating and investment characteristics as the reporting units , to create valuation multiples that are applied to the operating performance of the reporting unit being tested , in order to obtain their respective fair values .in order to assess the reasonableness of the calculated reporting unit fair values , the company reconciles the aggregate fair values of its reporting units determined , as described above , to its current market capitalization , allowing for a reasonable control premium .if the carrying amount of a reporting unit , calculated using the above approaches , exceeds the reporting unit 2019s fair value , the company performs the second step of the goodwill impairment test to determine the amount of impairment loss .the second step of the goodwill impairment test involves comparing the implied fair value of the affected reporting unit 2019s goodwill with the carrying value of that reporting unit .there was no impairment of goodwill in any of the fiscal years presented .the company 2019s next annual impairment assessment will be performed as of the first day of the fourth quarter of the fiscal year ending october 28 , 2017 ( fiscal 2017 ) unless indicators arise that would require the company to reevaluate at an earlier date .the following table presents the changes in goodwill during fiscal 2016 and fiscal 2015: . | 2016 | 2015
balance at beginning of year | $ 1636526 | $ 1642438
acquisition of hittite ( note 6 ) ( 1 ) | 2014 | -1105 ( 1105 )
goodwill adjustment related to other acquisitions ( 2 ) | 44046 | 3663
foreign currency translation adjustment | -1456 ( 1456 ) | -8470 ( 8470 )
balance at end of year | $ 1679116 | $ 1636526 ( 1 ) amount in fiscal 2015 represents changes to goodwill as a result of finalizing the acquisition accounting related to the hittite acquisition .( 2 ) represents goodwill related to other acquisitions that were not material to the company on either an individual or aggregate basis .intangible assets the company reviews finite-lived intangible assets for impairment whenever events or changes in circumstances indicate that the carrying value of assets may not be recoverable .recoverability of these assets is determined by comparison of their carrying value to the estimated future undiscounted cash flows the assets are expected to generate over their remaining .
Question: what was the change in the balance of goodwill from 2014 to 2015?
Steps: subtract(1636526, 1642438)
Answer: -5912.0
Question: how much does this change represent, in percentage, in relation to to that balance in 2014?
| -0.0036 | 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.
analog devices , inc .notes to consolidated financial statements 2014 ( continued ) depreciation expense for property , plant and equipment was $ 134.5 million , $ 130.1 million and $ 114.1 million in fiscal 2016 , 2015 and 2014 , respectively .the company reviews property , plant and equipment for impairment whenever events or changes in circumstances indicate that the carrying amount of assets may not be recoverable .recoverability of these assets is determined by comparison of their carrying amount to the future undiscounted cash flows the assets are expected to generate over their remaining economic lives .if such assets are considered to be impaired , the impairment to be recognized in earnings equals the amount by which the carrying value of the assets exceeds their fair value determined by either a quoted market price , if any , or a value determined by utilizing a discounted cash flow technique .if such assets are not impaired , but their useful lives have decreased , the remaining net book value is depreciated over the revised useful life .we have not recorded any material impairment charges related to our property , plant and equipment in fiscal 2016 , fiscal 2015 or fiscal 2014 .f .goodwill and intangible assets goodwill the company evaluates goodwill for impairment annually , as well as whenever events or changes in circumstances suggest that the carrying value of goodwill may not be recoverable .the company tests goodwill for impairment at the reporting unit level ( operating segment or one level below an operating segment ) on an annual basis on the first day of the fourth quarter ( on or about august 1 ) or more frequently if indicators of impairment exist .for the company 2019s latest annual impairment assessment that occurred as of july 31 , 2016 , the company identified its reporting units to be its seven operating segments .the performance of the test involves a two-step process .the first step of the quantitative impairment test involves comparing the fair values of the applicable reporting units with their aggregate carrying values , including goodwill .the company determines the fair value of its reporting units using a weighting of the income and market approaches .under the income approach , the company uses a discounted cash flow methodology which requires management to make significant estimates and assumptions related to forecasted revenues , gross profit margins , operating income margins , working capital cash flow , perpetual growth rates , and long-term discount rates , among others .for the market approach , the company uses the guideline public company method .under this method the company utilizes information from comparable publicly traded companies with similar operating and investment characteristics as the reporting units , to create valuation multiples that are applied to the operating performance of the reporting unit being tested , in order to obtain their respective fair values .in order to assess the reasonableness of the calculated reporting unit fair values , the company reconciles the aggregate fair values of its reporting units determined , as described above , to its current market capitalization , allowing for a reasonable control premium .if the carrying amount of a reporting unit , calculated using the above approaches , exceeds the reporting unit 2019s fair value , the company performs the second step of the goodwill impairment test to determine the amount of impairment loss .the second step of the goodwill impairment test involves comparing the implied fair value of the affected reporting unit 2019s goodwill with the carrying value of that reporting unit .there was no impairment of goodwill in any of the fiscal years presented .the company 2019s next annual impairment assessment will be performed as of the first day of the fourth quarter of the fiscal year ending october 28 , 2017 ( fiscal 2017 ) unless indicators arise that would require the company to reevaluate at an earlier date .the following table presents the changes in goodwill during fiscal 2016 and fiscal 2015: . | 2016 | 2015
balance at beginning of year | $ 1636526 | $ 1642438
acquisition of hittite ( note 6 ) ( 1 ) | 2014 | -1105 ( 1105 )
goodwill adjustment related to other acquisitions ( 2 ) | 44046 | 3663
foreign currency translation adjustment | -1456 ( 1456 ) | -8470 ( 8470 )
balance at end of year | $ 1679116 | $ 1636526 ( 1 ) amount in fiscal 2015 represents changes to goodwill as a result of finalizing the acquisition accounting related to the hittite acquisition .( 2 ) represents goodwill related to other acquisitions that were not material to the company on either an individual or aggregate basis .intangible assets the company reviews finite-lived intangible assets for impairment whenever events or changes in circumstances indicate that the carrying value of assets may not be recoverable .recoverability of these assets is determined by comparison of their carrying value to the estimated future undiscounted cash flows the assets are expected to generate over their remaining .
Question: what was the change in the balance of goodwill from 2014 to 2015?
Steps: subtract(1636526, 1642438)
Answer: -5912.0
Question: how much does this change represent, in percentage, in relation to to that balance in 2014?
| convfinqa2583 |
analog devices , inc .notes to consolidated financial statements 2014 ( continued ) depreciation expense for property , plant and equipment was $ 134.5 million , $ 130.1 million and $ 114.1 million in fiscal 2016 , 2015 and 2014 , respectively .the company reviews property , plant and equipment for impairment whenever events or changes in circumstances indicate that the carrying amount of assets may not be recoverable .recoverability of these assets is determined by comparison of their carrying amount to the future undiscounted cash flows the assets are expected to generate over their remaining economic lives .if such assets are considered to be impaired , the impairment to be recognized in earnings equals the amount by which the carrying value of the assets exceeds their fair value determined by either a quoted market price , if any , or a value determined by utilizing a discounted cash flow technique .if such assets are not impaired , but their useful lives have decreased , the remaining net book value is depreciated over the revised useful life .we have not recorded any material impairment charges related to our property , plant and equipment in fiscal 2016 , fiscal 2015 or fiscal 2014 .f .goodwill and intangible assets goodwill the company evaluates goodwill for impairment annually , as well as whenever events or changes in circumstances suggest that the carrying value of goodwill may not be recoverable .the company tests goodwill for impairment at the reporting unit level ( operating segment or one level below an operating segment ) on an annual basis on the first day of the fourth quarter ( on or about august 1 ) or more frequently if indicators of impairment exist .for the company 2019s latest annual impairment assessment that occurred as of july 31 , 2016 , the company identified its reporting units to be its seven operating segments .the performance of the test involves a two-step process .the first step of the quantitative impairment test involves comparing the fair values of the applicable reporting units with their aggregate carrying values , including goodwill .the company determines the fair value of its reporting units using a weighting of the income and market approaches .under the income approach , the company uses a discounted cash flow methodology which requires management to make significant estimates and assumptions related to forecasted revenues , gross profit margins , operating income margins , working capital cash flow , perpetual growth rates , and long-term discount rates , among others .for the market approach , the company uses the guideline public company method .under this method the company utilizes information from comparable publicly traded companies with similar operating and investment characteristics as the reporting units , to create valuation multiples that are applied to the operating performance of the reporting unit being tested , in order to obtain their respective fair values .in order to assess the reasonableness of the calculated reporting unit fair values , the company reconciles the aggregate fair values of its reporting units determined , as described above , to its current market capitalization , allowing for a reasonable control premium .if the carrying amount of a reporting unit , calculated using the above approaches , exceeds the reporting unit 2019s fair value , the company performs the second step of the goodwill impairment test to determine the amount of impairment loss .the second step of the goodwill impairment test involves comparing the implied fair value of the affected reporting unit 2019s goodwill with the carrying value of that reporting unit .there was no impairment of goodwill in any of the fiscal years presented .the company 2019s next annual impairment assessment will be performed as of the first day of the fourth quarter of the fiscal year ending october 28 , 2017 ( fiscal 2017 ) unless indicators arise that would require the company to reevaluate at an earlier date .the following table presents the changes in goodwill during fiscal 2016 and fiscal 2015: . | 2016 | 2015
balance at beginning of year | $ 1636526 | $ 1642438
acquisition of hittite ( note 6 ) ( 1 ) | 2014 | -1105 ( 1105 )
goodwill adjustment related to other acquisitions ( 2 ) | 44046 | 3663
foreign currency translation adjustment | -1456 ( 1456 ) | -8470 ( 8470 )
balance at end of year | $ 1679116 | $ 1636526 ( 1 ) amount in fiscal 2015 represents changes to goodwill as a result of finalizing the acquisition accounting related to the hittite acquisition .( 2 ) represents goodwill related to other acquisitions that were not material to the company on either an individual or aggregate basis .intangible assets the company reviews finite-lived intangible assets for impairment whenever events or changes in circumstances indicate that the carrying value of assets may not be recoverable .recoverability of these assets is determined by comparison of their carrying value to the estimated future undiscounted cash flows the assets are expected to generate over their remaining .
Question: what was the change in the balance of goodwill from 2014 to 2015?
Steps: subtract(1636526, 1642438)
Answer: -5912.0
Question: how much does this change represent, in percentage, in relation to to that balance in 2014?
Steps: Ask for number 1642438
Answer: -0.0036
Question: and over the subsequent year, what was the change in that balance of goodwill?
| 42590.0 | 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.
analog devices , inc .notes to consolidated financial statements 2014 ( continued ) depreciation expense for property , plant and equipment was $ 134.5 million , $ 130.1 million and $ 114.1 million in fiscal 2016 , 2015 and 2014 , respectively .the company reviews property , plant and equipment for impairment whenever events or changes in circumstances indicate that the carrying amount of assets may not be recoverable .recoverability of these assets is determined by comparison of their carrying amount to the future undiscounted cash flows the assets are expected to generate over their remaining economic lives .if such assets are considered to be impaired , the impairment to be recognized in earnings equals the amount by which the carrying value of the assets exceeds their fair value determined by either a quoted market price , if any , or a value determined by utilizing a discounted cash flow technique .if such assets are not impaired , but their useful lives have decreased , the remaining net book value is depreciated over the revised useful life .we have not recorded any material impairment charges related to our property , plant and equipment in fiscal 2016 , fiscal 2015 or fiscal 2014 .f .goodwill and intangible assets goodwill the company evaluates goodwill for impairment annually , as well as whenever events or changes in circumstances suggest that the carrying value of goodwill may not be recoverable .the company tests goodwill for impairment at the reporting unit level ( operating segment or one level below an operating segment ) on an annual basis on the first day of the fourth quarter ( on or about august 1 ) or more frequently if indicators of impairment exist .for the company 2019s latest annual impairment assessment that occurred as of july 31 , 2016 , the company identified its reporting units to be its seven operating segments .the performance of the test involves a two-step process .the first step of the quantitative impairment test involves comparing the fair values of the applicable reporting units with their aggregate carrying values , including goodwill .the company determines the fair value of its reporting units using a weighting of the income and market approaches .under the income approach , the company uses a discounted cash flow methodology which requires management to make significant estimates and assumptions related to forecasted revenues , gross profit margins , operating income margins , working capital cash flow , perpetual growth rates , and long-term discount rates , among others .for the market approach , the company uses the guideline public company method .under this method the company utilizes information from comparable publicly traded companies with similar operating and investment characteristics as the reporting units , to create valuation multiples that are applied to the operating performance of the reporting unit being tested , in order to obtain their respective fair values .in order to assess the reasonableness of the calculated reporting unit fair values , the company reconciles the aggregate fair values of its reporting units determined , as described above , to its current market capitalization , allowing for a reasonable control premium .if the carrying amount of a reporting unit , calculated using the above approaches , exceeds the reporting unit 2019s fair value , the company performs the second step of the goodwill impairment test to determine the amount of impairment loss .the second step of the goodwill impairment test involves comparing the implied fair value of the affected reporting unit 2019s goodwill with the carrying value of that reporting unit .there was no impairment of goodwill in any of the fiscal years presented .the company 2019s next annual impairment assessment will be performed as of the first day of the fourth quarter of the fiscal year ending october 28 , 2017 ( fiscal 2017 ) unless indicators arise that would require the company to reevaluate at an earlier date .the following table presents the changes in goodwill during fiscal 2016 and fiscal 2015: . | 2016 | 2015
balance at beginning of year | $ 1636526 | $ 1642438
acquisition of hittite ( note 6 ) ( 1 ) | 2014 | -1105 ( 1105 )
goodwill adjustment related to other acquisitions ( 2 ) | 44046 | 3663
foreign currency translation adjustment | -1456 ( 1456 ) | -8470 ( 8470 )
balance at end of year | $ 1679116 | $ 1636526 ( 1 ) amount in fiscal 2015 represents changes to goodwill as a result of finalizing the acquisition accounting related to the hittite acquisition .( 2 ) represents goodwill related to other acquisitions that were not material to the company on either an individual or aggregate basis .intangible assets the company reviews finite-lived intangible assets for impairment whenever events or changes in circumstances indicate that the carrying value of assets may not be recoverable .recoverability of these assets is determined by comparison of their carrying value to the estimated future undiscounted cash flows the assets are expected to generate over their remaining .
Question: what was the change in the balance of goodwill from 2014 to 2015?
Steps: subtract(1636526, 1642438)
Answer: -5912.0
Question: how much does this change represent, in percentage, in relation to to that balance in 2014?
Steps: Ask for number 1642438
Answer: -0.0036
Question: and over the subsequent year, what was the change in that balance of goodwill?
| convfinqa2584 |
analog devices , inc .notes to consolidated financial statements 2014 ( continued ) depreciation expense for property , plant and equipment was $ 134.5 million , $ 130.1 million and $ 114.1 million in fiscal 2016 , 2015 and 2014 , respectively .the company reviews property , plant and equipment for impairment whenever events or changes in circumstances indicate that the carrying amount of assets may not be recoverable .recoverability of these assets is determined by comparison of their carrying amount to the future undiscounted cash flows the assets are expected to generate over their remaining economic lives .if such assets are considered to be impaired , the impairment to be recognized in earnings equals the amount by which the carrying value of the assets exceeds their fair value determined by either a quoted market price , if any , or a value determined by utilizing a discounted cash flow technique .if such assets are not impaired , but their useful lives have decreased , the remaining net book value is depreciated over the revised useful life .we have not recorded any material impairment charges related to our property , plant and equipment in fiscal 2016 , fiscal 2015 or fiscal 2014 .f .goodwill and intangible assets goodwill the company evaluates goodwill for impairment annually , as well as whenever events or changes in circumstances suggest that the carrying value of goodwill may not be recoverable .the company tests goodwill for impairment at the reporting unit level ( operating segment or one level below an operating segment ) on an annual basis on the first day of the fourth quarter ( on or about august 1 ) or more frequently if indicators of impairment exist .for the company 2019s latest annual impairment assessment that occurred as of july 31 , 2016 , the company identified its reporting units to be its seven operating segments .the performance of the test involves a two-step process .the first step of the quantitative impairment test involves comparing the fair values of the applicable reporting units with their aggregate carrying values , including goodwill .the company determines the fair value of its reporting units using a weighting of the income and market approaches .under the income approach , the company uses a discounted cash flow methodology which requires management to make significant estimates and assumptions related to forecasted revenues , gross profit margins , operating income margins , working capital cash flow , perpetual growth rates , and long-term discount rates , among others .for the market approach , the company uses the guideline public company method .under this method the company utilizes information from comparable publicly traded companies with similar operating and investment characteristics as the reporting units , to create valuation multiples that are applied to the operating performance of the reporting unit being tested , in order to obtain their respective fair values .in order to assess the reasonableness of the calculated reporting unit fair values , the company reconciles the aggregate fair values of its reporting units determined , as described above , to its current market capitalization , allowing for a reasonable control premium .if the carrying amount of a reporting unit , calculated using the above approaches , exceeds the reporting unit 2019s fair value , the company performs the second step of the goodwill impairment test to determine the amount of impairment loss .the second step of the goodwill impairment test involves comparing the implied fair value of the affected reporting unit 2019s goodwill with the carrying value of that reporting unit .there was no impairment of goodwill in any of the fiscal years presented .the company 2019s next annual impairment assessment will be performed as of the first day of the fourth quarter of the fiscal year ending october 28 , 2017 ( fiscal 2017 ) unless indicators arise that would require the company to reevaluate at an earlier date .the following table presents the changes in goodwill during fiscal 2016 and fiscal 2015: . | 2016 | 2015
balance at beginning of year | $ 1636526 | $ 1642438
acquisition of hittite ( note 6 ) ( 1 ) | 2014 | -1105 ( 1105 )
goodwill adjustment related to other acquisitions ( 2 ) | 44046 | 3663
foreign currency translation adjustment | -1456 ( 1456 ) | -8470 ( 8470 )
balance at end of year | $ 1679116 | $ 1636526 ( 1 ) amount in fiscal 2015 represents changes to goodwill as a result of finalizing the acquisition accounting related to the hittite acquisition .( 2 ) represents goodwill related to other acquisitions that were not material to the company on either an individual or aggregate basis .intangible assets the company reviews finite-lived intangible assets for impairment whenever events or changes in circumstances indicate that the carrying value of assets may not be recoverable .recoverability of these assets is determined by comparison of their carrying value to the estimated future undiscounted cash flows the assets are expected to generate over their remaining .
Question: what was the change in the balance of goodwill from 2014 to 2015?
Steps: subtract(1636526, 1642438)
Answer: -5912.0
Question: how much does this change represent, in percentage, in relation to to that balance in 2014?
Steps: Ask for number 1642438
Answer: -0.0036
Question: and over the subsequent year, what was the change in that balance of goodwill?
Steps: divide(#0, 1642438)
Answer: 42590.0
Question: and how much is this change as a percentage of the 2015 balance?
| 0.02602 | 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.
analog devices , inc .notes to consolidated financial statements 2014 ( continued ) depreciation expense for property , plant and equipment was $ 134.5 million , $ 130.1 million and $ 114.1 million in fiscal 2016 , 2015 and 2014 , respectively .the company reviews property , plant and equipment for impairment whenever events or changes in circumstances indicate that the carrying amount of assets may not be recoverable .recoverability of these assets is determined by comparison of their carrying amount to the future undiscounted cash flows the assets are expected to generate over their remaining economic lives .if such assets are considered to be impaired , the impairment to be recognized in earnings equals the amount by which the carrying value of the assets exceeds their fair value determined by either a quoted market price , if any , or a value determined by utilizing a discounted cash flow technique .if such assets are not impaired , but their useful lives have decreased , the remaining net book value is depreciated over the revised useful life .we have not recorded any material impairment charges related to our property , plant and equipment in fiscal 2016 , fiscal 2015 or fiscal 2014 .f .goodwill and intangible assets goodwill the company evaluates goodwill for impairment annually , as well as whenever events or changes in circumstances suggest that the carrying value of goodwill may not be recoverable .the company tests goodwill for impairment at the reporting unit level ( operating segment or one level below an operating segment ) on an annual basis on the first day of the fourth quarter ( on or about august 1 ) or more frequently if indicators of impairment exist .for the company 2019s latest annual impairment assessment that occurred as of july 31 , 2016 , the company identified its reporting units to be its seven operating segments .the performance of the test involves a two-step process .the first step of the quantitative impairment test involves comparing the fair values of the applicable reporting units with their aggregate carrying values , including goodwill .the company determines the fair value of its reporting units using a weighting of the income and market approaches .under the income approach , the company uses a discounted cash flow methodology which requires management to make significant estimates and assumptions related to forecasted revenues , gross profit margins , operating income margins , working capital cash flow , perpetual growth rates , and long-term discount rates , among others .for the market approach , the company uses the guideline public company method .under this method the company utilizes information from comparable publicly traded companies with similar operating and investment characteristics as the reporting units , to create valuation multiples that are applied to the operating performance of the reporting unit being tested , in order to obtain their respective fair values .in order to assess the reasonableness of the calculated reporting unit fair values , the company reconciles the aggregate fair values of its reporting units determined , as described above , to its current market capitalization , allowing for a reasonable control premium .if the carrying amount of a reporting unit , calculated using the above approaches , exceeds the reporting unit 2019s fair value , the company performs the second step of the goodwill impairment test to determine the amount of impairment loss .the second step of the goodwill impairment test involves comparing the implied fair value of the affected reporting unit 2019s goodwill with the carrying value of that reporting unit .there was no impairment of goodwill in any of the fiscal years presented .the company 2019s next annual impairment assessment will be performed as of the first day of the fourth quarter of the fiscal year ending october 28 , 2017 ( fiscal 2017 ) unless indicators arise that would require the company to reevaluate at an earlier date .the following table presents the changes in goodwill during fiscal 2016 and fiscal 2015: . | 2016 | 2015
balance at beginning of year | $ 1636526 | $ 1642438
acquisition of hittite ( note 6 ) ( 1 ) | 2014 | -1105 ( 1105 )
goodwill adjustment related to other acquisitions ( 2 ) | 44046 | 3663
foreign currency translation adjustment | -1456 ( 1456 ) | -8470 ( 8470 )
balance at end of year | $ 1679116 | $ 1636526 ( 1 ) amount in fiscal 2015 represents changes to goodwill as a result of finalizing the acquisition accounting related to the hittite acquisition .( 2 ) represents goodwill related to other acquisitions that were not material to the company on either an individual or aggregate basis .intangible assets the company reviews finite-lived intangible assets for impairment whenever events or changes in circumstances indicate that the carrying value of assets may not be recoverable .recoverability of these assets is determined by comparison of their carrying value to the estimated future undiscounted cash flows the assets are expected to generate over their remaining .
Question: what was the change in the balance of goodwill from 2014 to 2015?
Steps: subtract(1636526, 1642438)
Answer: -5912.0
Question: how much does this change represent, in percentage, in relation to to that balance in 2014?
Steps: Ask for number 1642438
Answer: -0.0036
Question: and over the subsequent year, what was the change in that balance of goodwill?
Steps: divide(#0, 1642438)
Answer: 42590.0
Question: and how much is this change as a percentage of the 2015 balance?
| convfinqa2585 |
in june 2011 , the fasb issued asu no .2011-05 201ccomprehensive income 2013 presentation of comprehensive income . 201d asu 2011-05 requires comprehensive income , the components of net income , and the components of other comprehensive income either in a single continuous statement of comprehensive income or in two separate but consecutive statements .in both choices , an entity is required to present each component of net income along with total net income , each component of other comprehensive income along with a total for other comprehensive income , and a total amount for comprehensive income .this update eliminates the option to present the components of other comprehensive income as part of the statement of changes in stockholders' equity .the amendments in this update do not change the items that must be reported in other comprehensive income or when an item of other comprehensive income must be reclassified to net income .the amendments in this update should be applied retrospectively and is effective for interim and annual reporting periods beginning after december 15 , 2011 .the company adopted this guidance in the first quarter of 2012 .the adoption of asu 2011-05 is for presentation purposes only and had no material impact on the company 2019s consolidated financial statements .3 .inventories , net : merchandise inventory the company used the lifo method of accounting for approximately 95% ( 95 % ) of inventories at both december 29 , 2012 and december 31 , 2011 .under lifo , the company 2019s cost of sales reflects the costs of the most recently purchased inventories , while the inventory carrying balance represents the costs for inventories purchased in fiscal 2012 and prior years .the company recorded a reduction to cost of sales of $ 24087 and $ 29554 in fiscal 2012 and fiscal 2010 , respectively .as a result of utilizing lifo , the company recorded an increase to cost of sales of $ 24708 for fiscal 2011 , due to an increase in supply chain costs and inflationary pressures affecting certain product categories .the company 2019s overall costs to acquire inventory for the same or similar products have generally decreased historically as the company has been able to leverage its continued growth , execution of merchandise strategies and realization of supply chain efficiencies .product cores the remaining inventories are comprised of product cores , the non-consumable portion of certain parts and batteries , which are valued under the first-in , first-out ( "fifo" ) method .product cores are included as part of the company's merchandise costs and are either passed on to the customer or returned to the vendor .because product cores are not subject to frequent cost changes like the company's other merchandise inventory , there is no material difference when applying either the lifo or fifo valuation method .inventory overhead costs purchasing and warehousing costs included in inventory at december 29 , 2012 and december 31 , 2011 , were $ 134258 and $ 126840 , respectively .inventory balance and inventory reserves inventory balances at the end of fiscal 2012 and 2011 were as follows : december 29 , december 31 . | december 292012 | december 312011
inventories at fifo net | $ 2182419 | $ 1941055
adjustments to state inventories at lifo | 126190 | 102103
inventories at lifo net | $ 2308609 | $ 2043158 inventory quantities are tracked through a perpetual inventory system .the company completes physical inventories and other targeted inventory counts in its store locations to ensure the accuracy of the perpetual inventory quantities of both merchandise and core inventory in these locations .in its distribution centers and pdq aes , the company uses a cycle counting program to ensure the accuracy of the perpetual inventory quantities of both merchandise and product core inventory .reserves advance auto parts , inc .and subsidiaries notes to the consolidated financial statements december 29 , 2012 , december 31 , 2011 and january 1 , 2011 ( in thousands , except per share data ) .
Question: what were inventories at lifo at the end of 2012?
| 2308609.0 | 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.
in june 2011 , the fasb issued asu no .2011-05 201ccomprehensive income 2013 presentation of comprehensive income . 201d asu 2011-05 requires comprehensive income , the components of net income , and the components of other comprehensive income either in a single continuous statement of comprehensive income or in two separate but consecutive statements .in both choices , an entity is required to present each component of net income along with total net income , each component of other comprehensive income along with a total for other comprehensive income , and a total amount for comprehensive income .this update eliminates the option to present the components of other comprehensive income as part of the statement of changes in stockholders' equity .the amendments in this update do not change the items that must be reported in other comprehensive income or when an item of other comprehensive income must be reclassified to net income .the amendments in this update should be applied retrospectively and is effective for interim and annual reporting periods beginning after december 15 , 2011 .the company adopted this guidance in the first quarter of 2012 .the adoption of asu 2011-05 is for presentation purposes only and had no material impact on the company 2019s consolidated financial statements .3 .inventories , net : merchandise inventory the company used the lifo method of accounting for approximately 95% ( 95 % ) of inventories at both december 29 , 2012 and december 31 , 2011 .under lifo , the company 2019s cost of sales reflects the costs of the most recently purchased inventories , while the inventory carrying balance represents the costs for inventories purchased in fiscal 2012 and prior years .the company recorded a reduction to cost of sales of $ 24087 and $ 29554 in fiscal 2012 and fiscal 2010 , respectively .as a result of utilizing lifo , the company recorded an increase to cost of sales of $ 24708 for fiscal 2011 , due to an increase in supply chain costs and inflationary pressures affecting certain product categories .the company 2019s overall costs to acquire inventory for the same or similar products have generally decreased historically as the company has been able to leverage its continued growth , execution of merchandise strategies and realization of supply chain efficiencies .product cores the remaining inventories are comprised of product cores , the non-consumable portion of certain parts and batteries , which are valued under the first-in , first-out ( "fifo" ) method .product cores are included as part of the company's merchandise costs and are either passed on to the customer or returned to the vendor .because product cores are not subject to frequent cost changes like the company's other merchandise inventory , there is no material difference when applying either the lifo or fifo valuation method .inventory overhead costs purchasing and warehousing costs included in inventory at december 29 , 2012 and december 31 , 2011 , were $ 134258 and $ 126840 , respectively .inventory balance and inventory reserves inventory balances at the end of fiscal 2012 and 2011 were as follows : december 29 , december 31 . | december 292012 | december 312011
inventories at fifo net | $ 2182419 | $ 1941055
adjustments to state inventories at lifo | 126190 | 102103
inventories at lifo net | $ 2308609 | $ 2043158 inventory quantities are tracked through a perpetual inventory system .the company completes physical inventories and other targeted inventory counts in its store locations to ensure the accuracy of the perpetual inventory quantities of both merchandise and core inventory in these locations .in its distribution centers and pdq aes , the company uses a cycle counting program to ensure the accuracy of the perpetual inventory quantities of both merchandise and product core inventory .reserves advance auto parts , inc .and subsidiaries notes to the consolidated financial statements december 29 , 2012 , december 31 , 2011 and january 1 , 2011 ( in thousands , except per share data ) .
Question: what were inventories at lifo at the end of 2012?
| convfinqa2586 |
in june 2011 , the fasb issued asu no .2011-05 201ccomprehensive income 2013 presentation of comprehensive income . 201d asu 2011-05 requires comprehensive income , the components of net income , and the components of other comprehensive income either in a single continuous statement of comprehensive income or in two separate but consecutive statements .in both choices , an entity is required to present each component of net income along with total net income , each component of other comprehensive income along with a total for other comprehensive income , and a total amount for comprehensive income .this update eliminates the option to present the components of other comprehensive income as part of the statement of changes in stockholders' equity .the amendments in this update do not change the items that must be reported in other comprehensive income or when an item of other comprehensive income must be reclassified to net income .the amendments in this update should be applied retrospectively and is effective for interim and annual reporting periods beginning after december 15 , 2011 .the company adopted this guidance in the first quarter of 2012 .the adoption of asu 2011-05 is for presentation purposes only and had no material impact on the company 2019s consolidated financial statements .3 .inventories , net : merchandise inventory the company used the lifo method of accounting for approximately 95% ( 95 % ) of inventories at both december 29 , 2012 and december 31 , 2011 .under lifo , the company 2019s cost of sales reflects the costs of the most recently purchased inventories , while the inventory carrying balance represents the costs for inventories purchased in fiscal 2012 and prior years .the company recorded a reduction to cost of sales of $ 24087 and $ 29554 in fiscal 2012 and fiscal 2010 , respectively .as a result of utilizing lifo , the company recorded an increase to cost of sales of $ 24708 for fiscal 2011 , due to an increase in supply chain costs and inflationary pressures affecting certain product categories .the company 2019s overall costs to acquire inventory for the same or similar products have generally decreased historically as the company has been able to leverage its continued growth , execution of merchandise strategies and realization of supply chain efficiencies .product cores the remaining inventories are comprised of product cores , the non-consumable portion of certain parts and batteries , which are valued under the first-in , first-out ( "fifo" ) method .product cores are included as part of the company's merchandise costs and are either passed on to the customer or returned to the vendor .because product cores are not subject to frequent cost changes like the company's other merchandise inventory , there is no material difference when applying either the lifo or fifo valuation method .inventory overhead costs purchasing and warehousing costs included in inventory at december 29 , 2012 and december 31 , 2011 , were $ 134258 and $ 126840 , respectively .inventory balance and inventory reserves inventory balances at the end of fiscal 2012 and 2011 were as follows : december 29 , december 31 . | december 292012 | december 312011
inventories at fifo net | $ 2182419 | $ 1941055
adjustments to state inventories at lifo | 126190 | 102103
inventories at lifo net | $ 2308609 | $ 2043158 inventory quantities are tracked through a perpetual inventory system .the company completes physical inventories and other targeted inventory counts in its store locations to ensure the accuracy of the perpetual inventory quantities of both merchandise and core inventory in these locations .in its distribution centers and pdq aes , the company uses a cycle counting program to ensure the accuracy of the perpetual inventory quantities of both merchandise and product core inventory .reserves advance auto parts , inc .and subsidiaries notes to the consolidated financial statements december 29 , 2012 , december 31 , 2011 and january 1 , 2011 ( in thousands , except per share data ) .
Question: what were inventories at lifo at the end of 2012?
Steps: Ask for number 2308609
Answer: 2308609.0
Question: what were they at the start of 2011?
| 1941055.0 | 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.
in june 2011 , the fasb issued asu no .2011-05 201ccomprehensive income 2013 presentation of comprehensive income . 201d asu 2011-05 requires comprehensive income , the components of net income , and the components of other comprehensive income either in a single continuous statement of comprehensive income or in two separate but consecutive statements .in both choices , an entity is required to present each component of net income along with total net income , each component of other comprehensive income along with a total for other comprehensive income , and a total amount for comprehensive income .this update eliminates the option to present the components of other comprehensive income as part of the statement of changes in stockholders' equity .the amendments in this update do not change the items that must be reported in other comprehensive income or when an item of other comprehensive income must be reclassified to net income .the amendments in this update should be applied retrospectively and is effective for interim and annual reporting periods beginning after december 15 , 2011 .the company adopted this guidance in the first quarter of 2012 .the adoption of asu 2011-05 is for presentation purposes only and had no material impact on the company 2019s consolidated financial statements .3 .inventories , net : merchandise inventory the company used the lifo method of accounting for approximately 95% ( 95 % ) of inventories at both december 29 , 2012 and december 31 , 2011 .under lifo , the company 2019s cost of sales reflects the costs of the most recently purchased inventories , while the inventory carrying balance represents the costs for inventories purchased in fiscal 2012 and prior years .the company recorded a reduction to cost of sales of $ 24087 and $ 29554 in fiscal 2012 and fiscal 2010 , respectively .as a result of utilizing lifo , the company recorded an increase to cost of sales of $ 24708 for fiscal 2011 , due to an increase in supply chain costs and inflationary pressures affecting certain product categories .the company 2019s overall costs to acquire inventory for the same or similar products have generally decreased historically as the company has been able to leverage its continued growth , execution of merchandise strategies and realization of supply chain efficiencies .product cores the remaining inventories are comprised of product cores , the non-consumable portion of certain parts and batteries , which are valued under the first-in , first-out ( "fifo" ) method .product cores are included as part of the company's merchandise costs and are either passed on to the customer or returned to the vendor .because product cores are not subject to frequent cost changes like the company's other merchandise inventory , there is no material difference when applying either the lifo or fifo valuation method .inventory overhead costs purchasing and warehousing costs included in inventory at december 29 , 2012 and december 31 , 2011 , were $ 134258 and $ 126840 , respectively .inventory balance and inventory reserves inventory balances at the end of fiscal 2012 and 2011 were as follows : december 29 , december 31 . | december 292012 | december 312011
inventories at fifo net | $ 2182419 | $ 1941055
adjustments to state inventories at lifo | 126190 | 102103
inventories at lifo net | $ 2308609 | $ 2043158 inventory quantities are tracked through a perpetual inventory system .the company completes physical inventories and other targeted inventory counts in its store locations to ensure the accuracy of the perpetual inventory quantities of both merchandise and core inventory in these locations .in its distribution centers and pdq aes , the company uses a cycle counting program to ensure the accuracy of the perpetual inventory quantities of both merchandise and product core inventory .reserves advance auto parts , inc .and subsidiaries notes to the consolidated financial statements december 29 , 2012 , december 31 , 2011 and january 1 , 2011 ( in thousands , except per share data ) .
Question: what were inventories at lifo at the end of 2012?
Steps: Ask for number 2308609
Answer: 2308609.0
Question: what were they at the start of 2011?
| convfinqa2587 |
in june 2011 , the fasb issued asu no .2011-05 201ccomprehensive income 2013 presentation of comprehensive income . 201d asu 2011-05 requires comprehensive income , the components of net income , and the components of other comprehensive income either in a single continuous statement of comprehensive income or in two separate but consecutive statements .in both choices , an entity is required to present each component of net income along with total net income , each component of other comprehensive income along with a total for other comprehensive income , and a total amount for comprehensive income .this update eliminates the option to present the components of other comprehensive income as part of the statement of changes in stockholders' equity .the amendments in this update do not change the items that must be reported in other comprehensive income or when an item of other comprehensive income must be reclassified to net income .the amendments in this update should be applied retrospectively and is effective for interim and annual reporting periods beginning after december 15 , 2011 .the company adopted this guidance in the first quarter of 2012 .the adoption of asu 2011-05 is for presentation purposes only and had no material impact on the company 2019s consolidated financial statements .3 .inventories , net : merchandise inventory the company used the lifo method of accounting for approximately 95% ( 95 % ) of inventories at both december 29 , 2012 and december 31 , 2011 .under lifo , the company 2019s cost of sales reflects the costs of the most recently purchased inventories , while the inventory carrying balance represents the costs for inventories purchased in fiscal 2012 and prior years .the company recorded a reduction to cost of sales of $ 24087 and $ 29554 in fiscal 2012 and fiscal 2010 , respectively .as a result of utilizing lifo , the company recorded an increase to cost of sales of $ 24708 for fiscal 2011 , due to an increase in supply chain costs and inflationary pressures affecting certain product categories .the company 2019s overall costs to acquire inventory for the same or similar products have generally decreased historically as the company has been able to leverage its continued growth , execution of merchandise strategies and realization of supply chain efficiencies .product cores the remaining inventories are comprised of product cores , the non-consumable portion of certain parts and batteries , which are valued under the first-in , first-out ( "fifo" ) method .product cores are included as part of the company's merchandise costs and are either passed on to the customer or returned to the vendor .because product cores are not subject to frequent cost changes like the company's other merchandise inventory , there is no material difference when applying either the lifo or fifo valuation method .inventory overhead costs purchasing and warehousing costs included in inventory at december 29 , 2012 and december 31 , 2011 , were $ 134258 and $ 126840 , respectively .inventory balance and inventory reserves inventory balances at the end of fiscal 2012 and 2011 were as follows : december 29 , december 31 . | december 292012 | december 312011
inventories at fifo net | $ 2182419 | $ 1941055
adjustments to state inventories at lifo | 126190 | 102103
inventories at lifo net | $ 2308609 | $ 2043158 inventory quantities are tracked through a perpetual inventory system .the company completes physical inventories and other targeted inventory counts in its store locations to ensure the accuracy of the perpetual inventory quantities of both merchandise and core inventory in these locations .in its distribution centers and pdq aes , the company uses a cycle counting program to ensure the accuracy of the perpetual inventory quantities of both merchandise and product core inventory .reserves advance auto parts , inc .and subsidiaries notes to the consolidated financial statements december 29 , 2012 , december 31 , 2011 and january 1 , 2011 ( in thousands , except per share data ) .
Question: what were inventories at lifo at the end of 2012?
Steps: Ask for number 2308609
Answer: 2308609.0
Question: what were they at the start of 2011?
Steps: Ask for number 1941055
Answer: 1941055.0
Question: what is the net change?
| 367554.0 | 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.
in june 2011 , the fasb issued asu no .2011-05 201ccomprehensive income 2013 presentation of comprehensive income . 201d asu 2011-05 requires comprehensive income , the components of net income , and the components of other comprehensive income either in a single continuous statement of comprehensive income or in two separate but consecutive statements .in both choices , an entity is required to present each component of net income along with total net income , each component of other comprehensive income along with a total for other comprehensive income , and a total amount for comprehensive income .this update eliminates the option to present the components of other comprehensive income as part of the statement of changes in stockholders' equity .the amendments in this update do not change the items that must be reported in other comprehensive income or when an item of other comprehensive income must be reclassified to net income .the amendments in this update should be applied retrospectively and is effective for interim and annual reporting periods beginning after december 15 , 2011 .the company adopted this guidance in the first quarter of 2012 .the adoption of asu 2011-05 is for presentation purposes only and had no material impact on the company 2019s consolidated financial statements .3 .inventories , net : merchandise inventory the company used the lifo method of accounting for approximately 95% ( 95 % ) of inventories at both december 29 , 2012 and december 31 , 2011 .under lifo , the company 2019s cost of sales reflects the costs of the most recently purchased inventories , while the inventory carrying balance represents the costs for inventories purchased in fiscal 2012 and prior years .the company recorded a reduction to cost of sales of $ 24087 and $ 29554 in fiscal 2012 and fiscal 2010 , respectively .as a result of utilizing lifo , the company recorded an increase to cost of sales of $ 24708 for fiscal 2011 , due to an increase in supply chain costs and inflationary pressures affecting certain product categories .the company 2019s overall costs to acquire inventory for the same or similar products have generally decreased historically as the company has been able to leverage its continued growth , execution of merchandise strategies and realization of supply chain efficiencies .product cores the remaining inventories are comprised of product cores , the non-consumable portion of certain parts and batteries , which are valued under the first-in , first-out ( "fifo" ) method .product cores are included as part of the company's merchandise costs and are either passed on to the customer or returned to the vendor .because product cores are not subject to frequent cost changes like the company's other merchandise inventory , there is no material difference when applying either the lifo or fifo valuation method .inventory overhead costs purchasing and warehousing costs included in inventory at december 29 , 2012 and december 31 , 2011 , were $ 134258 and $ 126840 , respectively .inventory balance and inventory reserves inventory balances at the end of fiscal 2012 and 2011 were as follows : december 29 , december 31 . | december 292012 | december 312011
inventories at fifo net | $ 2182419 | $ 1941055
adjustments to state inventories at lifo | 126190 | 102103
inventories at lifo net | $ 2308609 | $ 2043158 inventory quantities are tracked through a perpetual inventory system .the company completes physical inventories and other targeted inventory counts in its store locations to ensure the accuracy of the perpetual inventory quantities of both merchandise and core inventory in these locations .in its distribution centers and pdq aes , the company uses a cycle counting program to ensure the accuracy of the perpetual inventory quantities of both merchandise and product core inventory .reserves advance auto parts , inc .and subsidiaries notes to the consolidated financial statements december 29 , 2012 , december 31 , 2011 and january 1 , 2011 ( in thousands , except per share data ) .
Question: what were inventories at lifo at the end of 2012?
Steps: Ask for number 2308609
Answer: 2308609.0
Question: what were they at the start of 2011?
Steps: Ask for number 1941055
Answer: 1941055.0
Question: what is the net change?
| convfinqa2588 |
in june 2011 , the fasb issued asu no .2011-05 201ccomprehensive income 2013 presentation of comprehensive income . 201d asu 2011-05 requires comprehensive income , the components of net income , and the components of other comprehensive income either in a single continuous statement of comprehensive income or in two separate but consecutive statements .in both choices , an entity is required to present each component of net income along with total net income , each component of other comprehensive income along with a total for other comprehensive income , and a total amount for comprehensive income .this update eliminates the option to present the components of other comprehensive income as part of the statement of changes in stockholders' equity .the amendments in this update do not change the items that must be reported in other comprehensive income or when an item of other comprehensive income must be reclassified to net income .the amendments in this update should be applied retrospectively and is effective for interim and annual reporting periods beginning after december 15 , 2011 .the company adopted this guidance in the first quarter of 2012 .the adoption of asu 2011-05 is for presentation purposes only and had no material impact on the company 2019s consolidated financial statements .3 .inventories , net : merchandise inventory the company used the lifo method of accounting for approximately 95% ( 95 % ) of inventories at both december 29 , 2012 and december 31 , 2011 .under lifo , the company 2019s cost of sales reflects the costs of the most recently purchased inventories , while the inventory carrying balance represents the costs for inventories purchased in fiscal 2012 and prior years .the company recorded a reduction to cost of sales of $ 24087 and $ 29554 in fiscal 2012 and fiscal 2010 , respectively .as a result of utilizing lifo , the company recorded an increase to cost of sales of $ 24708 for fiscal 2011 , due to an increase in supply chain costs and inflationary pressures affecting certain product categories .the company 2019s overall costs to acquire inventory for the same or similar products have generally decreased historically as the company has been able to leverage its continued growth , execution of merchandise strategies and realization of supply chain efficiencies .product cores the remaining inventories are comprised of product cores , the non-consumable portion of certain parts and batteries , which are valued under the first-in , first-out ( "fifo" ) method .product cores are included as part of the company's merchandise costs and are either passed on to the customer or returned to the vendor .because product cores are not subject to frequent cost changes like the company's other merchandise inventory , there is no material difference when applying either the lifo or fifo valuation method .inventory overhead costs purchasing and warehousing costs included in inventory at december 29 , 2012 and december 31 , 2011 , were $ 134258 and $ 126840 , respectively .inventory balance and inventory reserves inventory balances at the end of fiscal 2012 and 2011 were as follows : december 29 , december 31 . | december 292012 | december 312011
inventories at fifo net | $ 2182419 | $ 1941055
adjustments to state inventories at lifo | 126190 | 102103
inventories at lifo net | $ 2308609 | $ 2043158 inventory quantities are tracked through a perpetual inventory system .the company completes physical inventories and other targeted inventory counts in its store locations to ensure the accuracy of the perpetual inventory quantities of both merchandise and core inventory in these locations .in its distribution centers and pdq aes , the company uses a cycle counting program to ensure the accuracy of the perpetual inventory quantities of both merchandise and product core inventory .reserves advance auto parts , inc .and subsidiaries notes to the consolidated financial statements december 29 , 2012 , december 31 , 2011 and january 1 , 2011 ( in thousands , except per share data ) .
Question: what were inventories at lifo at the end of 2012?
Steps: Ask for number 2308609
Answer: 2308609.0
Question: what were they at the start of 2011?
Steps: Ask for number 1941055
Answer: 1941055.0
Question: what is the net change?
Steps: subtract(2308609, 1941055)
Answer: 367554.0
Question: what is the net change over the value at the start of 2011?
| 0.18936 | 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.
in june 2011 , the fasb issued asu no .2011-05 201ccomprehensive income 2013 presentation of comprehensive income . 201d asu 2011-05 requires comprehensive income , the components of net income , and the components of other comprehensive income either in a single continuous statement of comprehensive income or in two separate but consecutive statements .in both choices , an entity is required to present each component of net income along with total net income , each component of other comprehensive income along with a total for other comprehensive income , and a total amount for comprehensive income .this update eliminates the option to present the components of other comprehensive income as part of the statement of changes in stockholders' equity .the amendments in this update do not change the items that must be reported in other comprehensive income or when an item of other comprehensive income must be reclassified to net income .the amendments in this update should be applied retrospectively and is effective for interim and annual reporting periods beginning after december 15 , 2011 .the company adopted this guidance in the first quarter of 2012 .the adoption of asu 2011-05 is for presentation purposes only and had no material impact on the company 2019s consolidated financial statements .3 .inventories , net : merchandise inventory the company used the lifo method of accounting for approximately 95% ( 95 % ) of inventories at both december 29 , 2012 and december 31 , 2011 .under lifo , the company 2019s cost of sales reflects the costs of the most recently purchased inventories , while the inventory carrying balance represents the costs for inventories purchased in fiscal 2012 and prior years .the company recorded a reduction to cost of sales of $ 24087 and $ 29554 in fiscal 2012 and fiscal 2010 , respectively .as a result of utilizing lifo , the company recorded an increase to cost of sales of $ 24708 for fiscal 2011 , due to an increase in supply chain costs and inflationary pressures affecting certain product categories .the company 2019s overall costs to acquire inventory for the same or similar products have generally decreased historically as the company has been able to leverage its continued growth , execution of merchandise strategies and realization of supply chain efficiencies .product cores the remaining inventories are comprised of product cores , the non-consumable portion of certain parts and batteries , which are valued under the first-in , first-out ( "fifo" ) method .product cores are included as part of the company's merchandise costs and are either passed on to the customer or returned to the vendor .because product cores are not subject to frequent cost changes like the company's other merchandise inventory , there is no material difference when applying either the lifo or fifo valuation method .inventory overhead costs purchasing and warehousing costs included in inventory at december 29 , 2012 and december 31 , 2011 , were $ 134258 and $ 126840 , respectively .inventory balance and inventory reserves inventory balances at the end of fiscal 2012 and 2011 were as follows : december 29 , december 31 . | december 292012 | december 312011
inventories at fifo net | $ 2182419 | $ 1941055
adjustments to state inventories at lifo | 126190 | 102103
inventories at lifo net | $ 2308609 | $ 2043158 inventory quantities are tracked through a perpetual inventory system .the company completes physical inventories and other targeted inventory counts in its store locations to ensure the accuracy of the perpetual inventory quantities of both merchandise and core inventory in these locations .in its distribution centers and pdq aes , the company uses a cycle counting program to ensure the accuracy of the perpetual inventory quantities of both merchandise and product core inventory .reserves advance auto parts , inc .and subsidiaries notes to the consolidated financial statements december 29 , 2012 , december 31 , 2011 and january 1 , 2011 ( in thousands , except per share data ) .
Question: what were inventories at lifo at the end of 2012?
Steps: Ask for number 2308609
Answer: 2308609.0
Question: what were they at the start of 2011?
Steps: Ask for number 1941055
Answer: 1941055.0
Question: what is the net change?
Steps: subtract(2308609, 1941055)
Answer: 367554.0
Question: what is the net change over the value at the start of 2011?
| convfinqa2589 |
meet customer needs and put us in a position to handle demand changes .we will also continue utilizing industrial engineering techniques to improve productivity .2022 fuel prices 2013 uncertainty about the economy makes fuel price projections difficult , and we could see volatile fuel prices during the year , as they are sensitive to global and u.s .domestic demand , refining capacity , geopolitical issues and events , weather conditions and other factors .to reduce the impact of fuel price on earnings , we will continue to seek recovery from our customers through our fuel surcharge programs and to expand our fuel conservation efforts .2022 capital plan 2013 in 2010 , we plan to make total capital investments of approximately $ 2.5 billion , including expenditures for ptc , which may be revised if business conditions or new laws or regulations affect our ability to generate sufficient returns on these investments .see further discussion in this item 7 under liquidity and capital resources 2013 capital plan .2022 positive train control ( ptc ) 2013 in response to a legislative mandate to implement ptc by the end of 2015 , we expect to spend approximately $ 200 million during 2010 on the development of ptc .we currently estimate that ptc will cost us approximately $ 1.4 billion to implement by the end of 2015 , in accordance with rules issued by the fra .this includes costs for installing the new system along our tracks , upgrading locomotives to work with the new system , and adding digital data communication equipment so all the parts of the system can communicate with each other .2022 financial expectations 2013 we remain cautious about economic conditions but expect volume to increase from 2009 levels .in addition , we anticipate continued pricing opportunities and further productivity improvements .results of operations operating revenues millions of dollars 2009 2008 2007 % ( % ) change 2009 v 2008 % ( % ) change 2008 v 2007 . millions of dollars | 2009 | 2008 | 2007 | % ( % ) change 2009 v 2008 | % ( % ) change 2008 v 2007
freight revenues | $ 13373 | $ 17118 | $ 15486 | ( 22 ) % ( % ) | 11% ( 11 % )
other revenues | 770 | 852 | 797 | -10 ( 10 ) | 7
total | $ 14143 | $ 17970 | $ 16283 | ( 21 ) % ( % ) | 10% ( 10 % ) freight revenues are revenues generated by transporting freight or other materials from our six commodity groups .freight revenues vary with volume ( carloads ) and average revenue per car ( arc ) .changes in price , traffic mix and fuel surcharges drive arc .we provide some of our customers with contractual incentives for meeting or exceeding specified cumulative volumes or shipping to and from specific locations , which we record as a reduction to freight revenues based on the actual or projected future shipments .we recognize freight revenues on a percentage-of-completion basis as freight moves from origin to destination .we allocate freight revenues between reporting periods based on the relative transit time in each reporting period and recognize expenses as we incur them .other revenues include revenues earned by our subsidiaries , revenues from our commuter rail operations , and accessorial revenues , which we earn when customers retain equipment owned or controlled by us or when we perform additional services such as switching or storage .we recognize other revenues as we perform services or meet contractual obligations .freight revenues and volume levels for all six commodity groups decreased during 2009 , reflecting continued economic weakness .we experienced the largest volume declines in automotive and industrial .
Question: what was the total of capital expenditures in 2010, in billions?
| 2.5 | 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.
meet customer needs and put us in a position to handle demand changes .we will also continue utilizing industrial engineering techniques to improve productivity .2022 fuel prices 2013 uncertainty about the economy makes fuel price projections difficult , and we could see volatile fuel prices during the year , as they are sensitive to global and u.s .domestic demand , refining capacity , geopolitical issues and events , weather conditions and other factors .to reduce the impact of fuel price on earnings , we will continue to seek recovery from our customers through our fuel surcharge programs and to expand our fuel conservation efforts .2022 capital plan 2013 in 2010 , we plan to make total capital investments of approximately $ 2.5 billion , including expenditures for ptc , which may be revised if business conditions or new laws or regulations affect our ability to generate sufficient returns on these investments .see further discussion in this item 7 under liquidity and capital resources 2013 capital plan .2022 positive train control ( ptc ) 2013 in response to a legislative mandate to implement ptc by the end of 2015 , we expect to spend approximately $ 200 million during 2010 on the development of ptc .we currently estimate that ptc will cost us approximately $ 1.4 billion to implement by the end of 2015 , in accordance with rules issued by the fra .this includes costs for installing the new system along our tracks , upgrading locomotives to work with the new system , and adding digital data communication equipment so all the parts of the system can communicate with each other .2022 financial expectations 2013 we remain cautious about economic conditions but expect volume to increase from 2009 levels .in addition , we anticipate continued pricing opportunities and further productivity improvements .results of operations operating revenues millions of dollars 2009 2008 2007 % ( % ) change 2009 v 2008 % ( % ) change 2008 v 2007 . millions of dollars | 2009 | 2008 | 2007 | % ( % ) change 2009 v 2008 | % ( % ) change 2008 v 2007
freight revenues | $ 13373 | $ 17118 | $ 15486 | ( 22 ) % ( % ) | 11% ( 11 % )
other revenues | 770 | 852 | 797 | -10 ( 10 ) | 7
total | $ 14143 | $ 17970 | $ 16283 | ( 21 ) % ( % ) | 10% ( 10 % ) freight revenues are revenues generated by transporting freight or other materials from our six commodity groups .freight revenues vary with volume ( carloads ) and average revenue per car ( arc ) .changes in price , traffic mix and fuel surcharges drive arc .we provide some of our customers with contractual incentives for meeting or exceeding specified cumulative volumes or shipping to and from specific locations , which we record as a reduction to freight revenues based on the actual or projected future shipments .we recognize freight revenues on a percentage-of-completion basis as freight moves from origin to destination .we allocate freight revenues between reporting periods based on the relative transit time in each reporting period and recognize expenses as we incur them .other revenues include revenues earned by our subsidiaries , revenues from our commuter rail operations , and accessorial revenues , which we earn when customers retain equipment owned or controlled by us or when we perform additional services such as switching or storage .we recognize other revenues as we perform services or meet contractual obligations .freight revenues and volume levels for all six commodity groups decreased during 2009 , reflecting continued economic weakness .we experienced the largest volume declines in automotive and industrial .
Question: what was the total of capital expenditures in 2010, in billions?
| convfinqa2590 |
meet customer needs and put us in a position to handle demand changes .we will also continue utilizing industrial engineering techniques to improve productivity .2022 fuel prices 2013 uncertainty about the economy makes fuel price projections difficult , and we could see volatile fuel prices during the year , as they are sensitive to global and u.s .domestic demand , refining capacity , geopolitical issues and events , weather conditions and other factors .to reduce the impact of fuel price on earnings , we will continue to seek recovery from our customers through our fuel surcharge programs and to expand our fuel conservation efforts .2022 capital plan 2013 in 2010 , we plan to make total capital investments of approximately $ 2.5 billion , including expenditures for ptc , which may be revised if business conditions or new laws or regulations affect our ability to generate sufficient returns on these investments .see further discussion in this item 7 under liquidity and capital resources 2013 capital plan .2022 positive train control ( ptc ) 2013 in response to a legislative mandate to implement ptc by the end of 2015 , we expect to spend approximately $ 200 million during 2010 on the development of ptc .we currently estimate that ptc will cost us approximately $ 1.4 billion to implement by the end of 2015 , in accordance with rules issued by the fra .this includes costs for installing the new system along our tracks , upgrading locomotives to work with the new system , and adding digital data communication equipment so all the parts of the system can communicate with each other .2022 financial expectations 2013 we remain cautious about economic conditions but expect volume to increase from 2009 levels .in addition , we anticipate continued pricing opportunities and further productivity improvements .results of operations operating revenues millions of dollars 2009 2008 2007 % ( % ) change 2009 v 2008 % ( % ) change 2008 v 2007 . millions of dollars | 2009 | 2008 | 2007 | % ( % ) change 2009 v 2008 | % ( % ) change 2008 v 2007
freight revenues | $ 13373 | $ 17118 | $ 15486 | ( 22 ) % ( % ) | 11% ( 11 % )
other revenues | 770 | 852 | 797 | -10 ( 10 ) | 7
total | $ 14143 | $ 17970 | $ 16283 | ( 21 ) % ( % ) | 10% ( 10 % ) freight revenues are revenues generated by transporting freight or other materials from our six commodity groups .freight revenues vary with volume ( carloads ) and average revenue per car ( arc ) .changes in price , traffic mix and fuel surcharges drive arc .we provide some of our customers with contractual incentives for meeting or exceeding specified cumulative volumes or shipping to and from specific locations , which we record as a reduction to freight revenues based on the actual or projected future shipments .we recognize freight revenues on a percentage-of-completion basis as freight moves from origin to destination .we allocate freight revenues between reporting periods based on the relative transit time in each reporting period and recognize expenses as we incur them .other revenues include revenues earned by our subsidiaries , revenues from our commuter rail operations , and accessorial revenues , which we earn when customers retain equipment owned or controlled by us or when we perform additional services such as switching or storage .we recognize other revenues as we perform services or meet contractual obligations .freight revenues and volume levels for all six commodity groups decreased during 2009 , reflecting continued economic weakness .we experienced the largest volume declines in automotive and industrial .
Question: what was the total of capital expenditures in 2010, in billions?
Steps: Ask for number 2.5
Answer: 2.5
Question: how much is that in millions?
| 2500.0 | 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.
meet customer needs and put us in a position to handle demand changes .we will also continue utilizing industrial engineering techniques to improve productivity .2022 fuel prices 2013 uncertainty about the economy makes fuel price projections difficult , and we could see volatile fuel prices during the year , as they are sensitive to global and u.s .domestic demand , refining capacity , geopolitical issues and events , weather conditions and other factors .to reduce the impact of fuel price on earnings , we will continue to seek recovery from our customers through our fuel surcharge programs and to expand our fuel conservation efforts .2022 capital plan 2013 in 2010 , we plan to make total capital investments of approximately $ 2.5 billion , including expenditures for ptc , which may be revised if business conditions or new laws or regulations affect our ability to generate sufficient returns on these investments .see further discussion in this item 7 under liquidity and capital resources 2013 capital plan .2022 positive train control ( ptc ) 2013 in response to a legislative mandate to implement ptc by the end of 2015 , we expect to spend approximately $ 200 million during 2010 on the development of ptc .we currently estimate that ptc will cost us approximately $ 1.4 billion to implement by the end of 2015 , in accordance with rules issued by the fra .this includes costs for installing the new system along our tracks , upgrading locomotives to work with the new system , and adding digital data communication equipment so all the parts of the system can communicate with each other .2022 financial expectations 2013 we remain cautious about economic conditions but expect volume to increase from 2009 levels .in addition , we anticipate continued pricing opportunities and further productivity improvements .results of operations operating revenues millions of dollars 2009 2008 2007 % ( % ) change 2009 v 2008 % ( % ) change 2008 v 2007 . millions of dollars | 2009 | 2008 | 2007 | % ( % ) change 2009 v 2008 | % ( % ) change 2008 v 2007
freight revenues | $ 13373 | $ 17118 | $ 15486 | ( 22 ) % ( % ) | 11% ( 11 % )
other revenues | 770 | 852 | 797 | -10 ( 10 ) | 7
total | $ 14143 | $ 17970 | $ 16283 | ( 21 ) % ( % ) | 10% ( 10 % ) freight revenues are revenues generated by transporting freight or other materials from our six commodity groups .freight revenues vary with volume ( carloads ) and average revenue per car ( arc ) .changes in price , traffic mix and fuel surcharges drive arc .we provide some of our customers with contractual incentives for meeting or exceeding specified cumulative volumes or shipping to and from specific locations , which we record as a reduction to freight revenues based on the actual or projected future shipments .we recognize freight revenues on a percentage-of-completion basis as freight moves from origin to destination .we allocate freight revenues between reporting periods based on the relative transit time in each reporting period and recognize expenses as we incur them .other revenues include revenues earned by our subsidiaries , revenues from our commuter rail operations , and accessorial revenues , which we earn when customers retain equipment owned or controlled by us or when we perform additional services such as switching or storage .we recognize other revenues as we perform services or meet contractual obligations .freight revenues and volume levels for all six commodity groups decreased during 2009 , reflecting continued economic weakness .we experienced the largest volume declines in automotive and industrial .
Question: what was the total of capital expenditures in 2010, in billions?
Steps: Ask for number 2.5
Answer: 2.5
Question: how much is that in millions?
| convfinqa2591 |
meet customer needs and put us in a position to handle demand changes .we will also continue utilizing industrial engineering techniques to improve productivity .2022 fuel prices 2013 uncertainty about the economy makes fuel price projections difficult , and we could see volatile fuel prices during the year , as they are sensitive to global and u.s .domestic demand , refining capacity , geopolitical issues and events , weather conditions and other factors .to reduce the impact of fuel price on earnings , we will continue to seek recovery from our customers through our fuel surcharge programs and to expand our fuel conservation efforts .2022 capital plan 2013 in 2010 , we plan to make total capital investments of approximately $ 2.5 billion , including expenditures for ptc , which may be revised if business conditions or new laws or regulations affect our ability to generate sufficient returns on these investments .see further discussion in this item 7 under liquidity and capital resources 2013 capital plan .2022 positive train control ( ptc ) 2013 in response to a legislative mandate to implement ptc by the end of 2015 , we expect to spend approximately $ 200 million during 2010 on the development of ptc .we currently estimate that ptc will cost us approximately $ 1.4 billion to implement by the end of 2015 , in accordance with rules issued by the fra .this includes costs for installing the new system along our tracks , upgrading locomotives to work with the new system , and adding digital data communication equipment so all the parts of the system can communicate with each other .2022 financial expectations 2013 we remain cautious about economic conditions but expect volume to increase from 2009 levels .in addition , we anticipate continued pricing opportunities and further productivity improvements .results of operations operating revenues millions of dollars 2009 2008 2007 % ( % ) change 2009 v 2008 % ( % ) change 2008 v 2007 . millions of dollars | 2009 | 2008 | 2007 | % ( % ) change 2009 v 2008 | % ( % ) change 2008 v 2007
freight revenues | $ 13373 | $ 17118 | $ 15486 | ( 22 ) % ( % ) | 11% ( 11 % )
other revenues | 770 | 852 | 797 | -10 ( 10 ) | 7
total | $ 14143 | $ 17970 | $ 16283 | ( 21 ) % ( % ) | 10% ( 10 % ) freight revenues are revenues generated by transporting freight or other materials from our six commodity groups .freight revenues vary with volume ( carloads ) and average revenue per car ( arc ) .changes in price , traffic mix and fuel surcharges drive arc .we provide some of our customers with contractual incentives for meeting or exceeding specified cumulative volumes or shipping to and from specific locations , which we record as a reduction to freight revenues based on the actual or projected future shipments .we recognize freight revenues on a percentage-of-completion basis as freight moves from origin to destination .we allocate freight revenues between reporting periods based on the relative transit time in each reporting period and recognize expenses as we incur them .other revenues include revenues earned by our subsidiaries , revenues from our commuter rail operations , and accessorial revenues , which we earn when customers retain equipment owned or controlled by us or when we perform additional services such as switching or storage .we recognize other revenues as we perform services or meet contractual obligations .freight revenues and volume levels for all six commodity groups decreased during 2009 , reflecting continued economic weakness .we experienced the largest volume declines in automotive and industrial .
Question: what was the total of capital expenditures in 2010, in billions?
Steps: Ask for number 2.5
Answer: 2.5
Question: how much is that in millions?
Steps: multiply(2.5, const_1000)
Answer: 2500.0
Question: and what amount from this total is devoted to expenditures for ptc?
| 200.0 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
meet customer needs and put us in a position to handle demand changes .we will also continue utilizing industrial engineering techniques to improve productivity .2022 fuel prices 2013 uncertainty about the economy makes fuel price projections difficult , and we could see volatile fuel prices during the year , as they are sensitive to global and u.s .domestic demand , refining capacity , geopolitical issues and events , weather conditions and other factors .to reduce the impact of fuel price on earnings , we will continue to seek recovery from our customers through our fuel surcharge programs and to expand our fuel conservation efforts .2022 capital plan 2013 in 2010 , we plan to make total capital investments of approximately $ 2.5 billion , including expenditures for ptc , which may be revised if business conditions or new laws or regulations affect our ability to generate sufficient returns on these investments .see further discussion in this item 7 under liquidity and capital resources 2013 capital plan .2022 positive train control ( ptc ) 2013 in response to a legislative mandate to implement ptc by the end of 2015 , we expect to spend approximately $ 200 million during 2010 on the development of ptc .we currently estimate that ptc will cost us approximately $ 1.4 billion to implement by the end of 2015 , in accordance with rules issued by the fra .this includes costs for installing the new system along our tracks , upgrading locomotives to work with the new system , and adding digital data communication equipment so all the parts of the system can communicate with each other .2022 financial expectations 2013 we remain cautious about economic conditions but expect volume to increase from 2009 levels .in addition , we anticipate continued pricing opportunities and further productivity improvements .results of operations operating revenues millions of dollars 2009 2008 2007 % ( % ) change 2009 v 2008 % ( % ) change 2008 v 2007 . millions of dollars | 2009 | 2008 | 2007 | % ( % ) change 2009 v 2008 | % ( % ) change 2008 v 2007
freight revenues | $ 13373 | $ 17118 | $ 15486 | ( 22 ) % ( % ) | 11% ( 11 % )
other revenues | 770 | 852 | 797 | -10 ( 10 ) | 7
total | $ 14143 | $ 17970 | $ 16283 | ( 21 ) % ( % ) | 10% ( 10 % ) freight revenues are revenues generated by transporting freight or other materials from our six commodity groups .freight revenues vary with volume ( carloads ) and average revenue per car ( arc ) .changes in price , traffic mix and fuel surcharges drive arc .we provide some of our customers with contractual incentives for meeting or exceeding specified cumulative volumes or shipping to and from specific locations , which we record as a reduction to freight revenues based on the actual or projected future shipments .we recognize freight revenues on a percentage-of-completion basis as freight moves from origin to destination .we allocate freight revenues between reporting periods based on the relative transit time in each reporting period and recognize expenses as we incur them .other revenues include revenues earned by our subsidiaries , revenues from our commuter rail operations , and accessorial revenues , which we earn when customers retain equipment owned or controlled by us or when we perform additional services such as switching or storage .we recognize other revenues as we perform services or meet contractual obligations .freight revenues and volume levels for all six commodity groups decreased during 2009 , reflecting continued economic weakness .we experienced the largest volume declines in automotive and industrial .
Question: what was the total of capital expenditures in 2010, in billions?
Steps: Ask for number 2.5
Answer: 2.5
Question: how much is that in millions?
Steps: multiply(2.5, const_1000)
Answer: 2500.0
Question: and what amount from this total is devoted to expenditures for ptc?
| convfinqa2592 |
meet customer needs and put us in a position to handle demand changes .we will also continue utilizing industrial engineering techniques to improve productivity .2022 fuel prices 2013 uncertainty about the economy makes fuel price projections difficult , and we could see volatile fuel prices during the year , as they are sensitive to global and u.s .domestic demand , refining capacity , geopolitical issues and events , weather conditions and other factors .to reduce the impact of fuel price on earnings , we will continue to seek recovery from our customers through our fuel surcharge programs and to expand our fuel conservation efforts .2022 capital plan 2013 in 2010 , we plan to make total capital investments of approximately $ 2.5 billion , including expenditures for ptc , which may be revised if business conditions or new laws or regulations affect our ability to generate sufficient returns on these investments .see further discussion in this item 7 under liquidity and capital resources 2013 capital plan .2022 positive train control ( ptc ) 2013 in response to a legislative mandate to implement ptc by the end of 2015 , we expect to spend approximately $ 200 million during 2010 on the development of ptc .we currently estimate that ptc will cost us approximately $ 1.4 billion to implement by the end of 2015 , in accordance with rules issued by the fra .this includes costs for installing the new system along our tracks , upgrading locomotives to work with the new system , and adding digital data communication equipment so all the parts of the system can communicate with each other .2022 financial expectations 2013 we remain cautious about economic conditions but expect volume to increase from 2009 levels .in addition , we anticipate continued pricing opportunities and further productivity improvements .results of operations operating revenues millions of dollars 2009 2008 2007 % ( % ) change 2009 v 2008 % ( % ) change 2008 v 2007 . millions of dollars | 2009 | 2008 | 2007 | % ( % ) change 2009 v 2008 | % ( % ) change 2008 v 2007
freight revenues | $ 13373 | $ 17118 | $ 15486 | ( 22 ) % ( % ) | 11% ( 11 % )
other revenues | 770 | 852 | 797 | -10 ( 10 ) | 7
total | $ 14143 | $ 17970 | $ 16283 | ( 21 ) % ( % ) | 10% ( 10 % ) freight revenues are revenues generated by transporting freight or other materials from our six commodity groups .freight revenues vary with volume ( carloads ) and average revenue per car ( arc ) .changes in price , traffic mix and fuel surcharges drive arc .we provide some of our customers with contractual incentives for meeting or exceeding specified cumulative volumes or shipping to and from specific locations , which we record as a reduction to freight revenues based on the actual or projected future shipments .we recognize freight revenues on a percentage-of-completion basis as freight moves from origin to destination .we allocate freight revenues between reporting periods based on the relative transit time in each reporting period and recognize expenses as we incur them .other revenues include revenues earned by our subsidiaries , revenues from our commuter rail operations , and accessorial revenues , which we earn when customers retain equipment owned or controlled by us or when we perform additional services such as switching or storage .we recognize other revenues as we perform services or meet contractual obligations .freight revenues and volume levels for all six commodity groups decreased during 2009 , reflecting continued economic weakness .we experienced the largest volume declines in automotive and industrial .
Question: what was the total of capital expenditures in 2010, in billions?
Steps: Ask for number 2.5
Answer: 2.5
Question: how much is that in millions?
Steps: multiply(2.5, const_1000)
Answer: 2500.0
Question: and what amount from this total is devoted to expenditures for ptc?
Steps: Ask for number 200
Answer: 200.0
Question: and how much does this amount represent in relation to the total?
| 0.08 | 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.
meet customer needs and put us in a position to handle demand changes .we will also continue utilizing industrial engineering techniques to improve productivity .2022 fuel prices 2013 uncertainty about the economy makes fuel price projections difficult , and we could see volatile fuel prices during the year , as they are sensitive to global and u.s .domestic demand , refining capacity , geopolitical issues and events , weather conditions and other factors .to reduce the impact of fuel price on earnings , we will continue to seek recovery from our customers through our fuel surcharge programs and to expand our fuel conservation efforts .2022 capital plan 2013 in 2010 , we plan to make total capital investments of approximately $ 2.5 billion , including expenditures for ptc , which may be revised if business conditions or new laws or regulations affect our ability to generate sufficient returns on these investments .see further discussion in this item 7 under liquidity and capital resources 2013 capital plan .2022 positive train control ( ptc ) 2013 in response to a legislative mandate to implement ptc by the end of 2015 , we expect to spend approximately $ 200 million during 2010 on the development of ptc .we currently estimate that ptc will cost us approximately $ 1.4 billion to implement by the end of 2015 , in accordance with rules issued by the fra .this includes costs for installing the new system along our tracks , upgrading locomotives to work with the new system , and adding digital data communication equipment so all the parts of the system can communicate with each other .2022 financial expectations 2013 we remain cautious about economic conditions but expect volume to increase from 2009 levels .in addition , we anticipate continued pricing opportunities and further productivity improvements .results of operations operating revenues millions of dollars 2009 2008 2007 % ( % ) change 2009 v 2008 % ( % ) change 2008 v 2007 . millions of dollars | 2009 | 2008 | 2007 | % ( % ) change 2009 v 2008 | % ( % ) change 2008 v 2007
freight revenues | $ 13373 | $ 17118 | $ 15486 | ( 22 ) % ( % ) | 11% ( 11 % )
other revenues | 770 | 852 | 797 | -10 ( 10 ) | 7
total | $ 14143 | $ 17970 | $ 16283 | ( 21 ) % ( % ) | 10% ( 10 % ) freight revenues are revenues generated by transporting freight or other materials from our six commodity groups .freight revenues vary with volume ( carloads ) and average revenue per car ( arc ) .changes in price , traffic mix and fuel surcharges drive arc .we provide some of our customers with contractual incentives for meeting or exceeding specified cumulative volumes or shipping to and from specific locations , which we record as a reduction to freight revenues based on the actual or projected future shipments .we recognize freight revenues on a percentage-of-completion basis as freight moves from origin to destination .we allocate freight revenues between reporting periods based on the relative transit time in each reporting period and recognize expenses as we incur them .other revenues include revenues earned by our subsidiaries , revenues from our commuter rail operations , and accessorial revenues , which we earn when customers retain equipment owned or controlled by us or when we perform additional services such as switching or storage .we recognize other revenues as we perform services or meet contractual obligations .freight revenues and volume levels for all six commodity groups decreased during 2009 , reflecting continued economic weakness .we experienced the largest volume declines in automotive and industrial .
Question: what was the total of capital expenditures in 2010, in billions?
Steps: Ask for number 2.5
Answer: 2.5
Question: how much is that in millions?
Steps: multiply(2.5, const_1000)
Answer: 2500.0
Question: and what amount from this total is devoted to expenditures for ptc?
Steps: Ask for number 200
Answer: 200.0
Question: and how much does this amount represent in relation to the total?
| convfinqa2593 |
jpmorgan chase & co./2010 annual report 219 note 13 2013 securities financing activities jpmorgan chase enters into resale agreements , repurchase agreements , securities borrowed transactions and securities loaned transactions ( collectively , 201csecurities financing agree- ments 201d ) primarily to finance the firm 2019s inventory positions , ac- quire securities to cover short positions , accommodate customers 2019 financing needs , and settle other securities obligations .securities financing agreements are treated as collateralized financings on the firm 2019s consolidated balance sheets .resale and repurchase agreements are generally carried at the amounts at which the securities will be subsequently sold or repurchased , plus accrued interest .securities borrowed and securities loaned transactions are generally carried at the amount of cash collateral advanced or received .where appropriate under applicable ac- counting guidance , resale and repurchase agreements with the same counterparty are reported on a net basis .fees received or paid in connection with securities financing agreements are recorded in interest income or interest expense .the firm has elected the fair value option for certain securities financing agreements .for a further discussion of the fair value option , see note 4 on pages 187 2013189 of this annual report .the securities financing agreements for which the fair value option has been elected are reported within securities purchased under resale agreements ; securities loaned or sold under repurchase agreements ; and securities borrowed on the consolidated bal- ance sheets .generally , for agreements carried at fair value , current-period interest accruals are recorded within interest income and interest expense , with changes in fair value reported in principal transactions revenue .however , for financial instru- ments containing embedded derivatives that would be separately accounted for in accordance with accounting guidance for hybrid instruments , all changes in fair value , including any interest elements , are reported in principal transactions revenue .the following table details the firm 2019s securities financing agree- ments , all of which are accounted for as collateralized financings during the periods presented. . december 31 ( in millions ) | 2010 | 2009
securities purchased under resale agreements ( a ) | $ 222302 | $ 195328
securities borrowed ( b ) | 123587 | 119630
securities sold under repurchase agreements ( c ) | $ 262722 | $ 245692
securities loaned | 10592 | 7835 ( a ) includes resale agreements of $ 20.3 billion and $ 20.5 billion accounted for at fair value at december 31 , 2010 and 2009 , respectively .( b ) includes securities borrowed of $ 14.0 billion and $ 7.0 billion accounted for at fair value at december 31 , 2010 and 2009 , respectively .( c ) includes repurchase agreements of $ 4.1 billion and $ 3.4 billion accounted for at fair value at december 31 , 2010 and 2009 , respectively .the amounts reported in the table above have been reduced by $ 112.7 billion and $ 121.2 billion at december 31 , 2010 and 2009 , respectively , as a result of agreements in effect that meet the specified conditions for net presentation under applicable accounting guidance .jpmorgan chase 2019s policy is to take possession , where possible , of securities purchased under resale agreements and of securi- ties borrowed .the firm monitors the market value of the un- derlying securities that it has received from its counterparties and either requests additional collateral or returns a portion of the collateral when appropriate in light of the market value of the underlying securities .margin levels are established initially based upon the counterparty and type of collateral and moni- tored on an ongoing basis to protect against declines in collat- eral value in the event of default .jpmorgan chase typically enters into master netting agreements and other collateral arrangements with its resale agreement and securities bor- rowed counterparties , which provide for the right to liquidate the purchased or borrowed securities in the event of a customer default .as a result of the firm 2019s credit risk mitigation practices described above on resale and securities borrowed agreements , the firm did not hold any reserves for credit impairment on these agreements as of december 31 , 2010 and 2009 .for a further discussion of assets pledged and collateral received in securities financing agreements see note 31 on pages 280 2013 281 of this annual report. .
Question: what is the total repurchase agreements of 2010 and 2009?
| 7.5 | 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./2010 annual report 219 note 13 2013 securities financing activities jpmorgan chase enters into resale agreements , repurchase agreements , securities borrowed transactions and securities loaned transactions ( collectively , 201csecurities financing agree- ments 201d ) primarily to finance the firm 2019s inventory positions , ac- quire securities to cover short positions , accommodate customers 2019 financing needs , and settle other securities obligations .securities financing agreements are treated as collateralized financings on the firm 2019s consolidated balance sheets .resale and repurchase agreements are generally carried at the amounts at which the securities will be subsequently sold or repurchased , plus accrued interest .securities borrowed and securities loaned transactions are generally carried at the amount of cash collateral advanced or received .where appropriate under applicable ac- counting guidance , resale and repurchase agreements with the same counterparty are reported on a net basis .fees received or paid in connection with securities financing agreements are recorded in interest income or interest expense .the firm has elected the fair value option for certain securities financing agreements .for a further discussion of the fair value option , see note 4 on pages 187 2013189 of this annual report .the securities financing agreements for which the fair value option has been elected are reported within securities purchased under resale agreements ; securities loaned or sold under repurchase agreements ; and securities borrowed on the consolidated bal- ance sheets .generally , for agreements carried at fair value , current-period interest accruals are recorded within interest income and interest expense , with changes in fair value reported in principal transactions revenue .however , for financial instru- ments containing embedded derivatives that would be separately accounted for in accordance with accounting guidance for hybrid instruments , all changes in fair value , including any interest elements , are reported in principal transactions revenue .the following table details the firm 2019s securities financing agree- ments , all of which are accounted for as collateralized financings during the periods presented. . december 31 ( in millions ) | 2010 | 2009
securities purchased under resale agreements ( a ) | $ 222302 | $ 195328
securities borrowed ( b ) | 123587 | 119630
securities sold under repurchase agreements ( c ) | $ 262722 | $ 245692
securities loaned | 10592 | 7835 ( a ) includes resale agreements of $ 20.3 billion and $ 20.5 billion accounted for at fair value at december 31 , 2010 and 2009 , respectively .( b ) includes securities borrowed of $ 14.0 billion and $ 7.0 billion accounted for at fair value at december 31 , 2010 and 2009 , respectively .( c ) includes repurchase agreements of $ 4.1 billion and $ 3.4 billion accounted for at fair value at december 31 , 2010 and 2009 , respectively .the amounts reported in the table above have been reduced by $ 112.7 billion and $ 121.2 billion at december 31 , 2010 and 2009 , respectively , as a result of agreements in effect that meet the specified conditions for net presentation under applicable accounting guidance .jpmorgan chase 2019s policy is to take possession , where possible , of securities purchased under resale agreements and of securi- ties borrowed .the firm monitors the market value of the un- derlying securities that it has received from its counterparties and either requests additional collateral or returns a portion of the collateral when appropriate in light of the market value of the underlying securities .margin levels are established initially based upon the counterparty and type of collateral and moni- tored on an ongoing basis to protect against declines in collat- eral value in the event of default .jpmorgan chase typically enters into master netting agreements and other collateral arrangements with its resale agreement and securities bor- rowed counterparties , which provide for the right to liquidate the purchased or borrowed securities in the event of a customer default .as a result of the firm 2019s credit risk mitigation practices described above on resale and securities borrowed agreements , the firm did not hold any reserves for credit impairment on these agreements as of december 31 , 2010 and 2009 .for a further discussion of assets pledged and collateral received in securities financing agreements see note 31 on pages 280 2013 281 of this annual report. .
Question: what is the total repurchase agreements of 2010 and 2009?
| convfinqa2594 |
jpmorgan chase & co./2010 annual report 219 note 13 2013 securities financing activities jpmorgan chase enters into resale agreements , repurchase agreements , securities borrowed transactions and securities loaned transactions ( collectively , 201csecurities financing agree- ments 201d ) primarily to finance the firm 2019s inventory positions , ac- quire securities to cover short positions , accommodate customers 2019 financing needs , and settle other securities obligations .securities financing agreements are treated as collateralized financings on the firm 2019s consolidated balance sheets .resale and repurchase agreements are generally carried at the amounts at which the securities will be subsequently sold or repurchased , plus accrued interest .securities borrowed and securities loaned transactions are generally carried at the amount of cash collateral advanced or received .where appropriate under applicable ac- counting guidance , resale and repurchase agreements with the same counterparty are reported on a net basis .fees received or paid in connection with securities financing agreements are recorded in interest income or interest expense .the firm has elected the fair value option for certain securities financing agreements .for a further discussion of the fair value option , see note 4 on pages 187 2013189 of this annual report .the securities financing agreements for which the fair value option has been elected are reported within securities purchased under resale agreements ; securities loaned or sold under repurchase agreements ; and securities borrowed on the consolidated bal- ance sheets .generally , for agreements carried at fair value , current-period interest accruals are recorded within interest income and interest expense , with changes in fair value reported in principal transactions revenue .however , for financial instru- ments containing embedded derivatives that would be separately accounted for in accordance with accounting guidance for hybrid instruments , all changes in fair value , including any interest elements , are reported in principal transactions revenue .the following table details the firm 2019s securities financing agree- ments , all of which are accounted for as collateralized financings during the periods presented. . december 31 ( in millions ) | 2010 | 2009
securities purchased under resale agreements ( a ) | $ 222302 | $ 195328
securities borrowed ( b ) | 123587 | 119630
securities sold under repurchase agreements ( c ) | $ 262722 | $ 245692
securities loaned | 10592 | 7835 ( a ) includes resale agreements of $ 20.3 billion and $ 20.5 billion accounted for at fair value at december 31 , 2010 and 2009 , respectively .( b ) includes securities borrowed of $ 14.0 billion and $ 7.0 billion accounted for at fair value at december 31 , 2010 and 2009 , respectively .( c ) includes repurchase agreements of $ 4.1 billion and $ 3.4 billion accounted for at fair value at december 31 , 2010 and 2009 , respectively .the amounts reported in the table above have been reduced by $ 112.7 billion and $ 121.2 billion at december 31 , 2010 and 2009 , respectively , as a result of agreements in effect that meet the specified conditions for net presentation under applicable accounting guidance .jpmorgan chase 2019s policy is to take possession , where possible , of securities purchased under resale agreements and of securi- ties borrowed .the firm monitors the market value of the un- derlying securities that it has received from its counterparties and either requests additional collateral or returns a portion of the collateral when appropriate in light of the market value of the underlying securities .margin levels are established initially based upon the counterparty and type of collateral and moni- tored on an ongoing basis to protect against declines in collat- eral value in the event of default .jpmorgan chase typically enters into master netting agreements and other collateral arrangements with its resale agreement and securities bor- rowed counterparties , which provide for the right to liquidate the purchased or borrowed securities in the event of a customer default .as a result of the firm 2019s credit risk mitigation practices described above on resale and securities borrowed agreements , the firm did not hold any reserves for credit impairment on these agreements as of december 31 , 2010 and 2009 .for a further discussion of assets pledged and collateral received in securities financing agreements see note 31 on pages 280 2013 281 of this annual report. .
Question: what is the total repurchase agreements of 2010 and 2009?
Steps: add(4.1, 3.4)
Answer: 7.5
Question: what is the average of these 2 years?
| 3.75 | 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.
jpmorgan chase & co./2010 annual report 219 note 13 2013 securities financing activities jpmorgan chase enters into resale agreements , repurchase agreements , securities borrowed transactions and securities loaned transactions ( collectively , 201csecurities financing agree- ments 201d ) primarily to finance the firm 2019s inventory positions , ac- quire securities to cover short positions , accommodate customers 2019 financing needs , and settle other securities obligations .securities financing agreements are treated as collateralized financings on the firm 2019s consolidated balance sheets .resale and repurchase agreements are generally carried at the amounts at which the securities will be subsequently sold or repurchased , plus accrued interest .securities borrowed and securities loaned transactions are generally carried at the amount of cash collateral advanced or received .where appropriate under applicable ac- counting guidance , resale and repurchase agreements with the same counterparty are reported on a net basis .fees received or paid in connection with securities financing agreements are recorded in interest income or interest expense .the firm has elected the fair value option for certain securities financing agreements .for a further discussion of the fair value option , see note 4 on pages 187 2013189 of this annual report .the securities financing agreements for which the fair value option has been elected are reported within securities purchased under resale agreements ; securities loaned or sold under repurchase agreements ; and securities borrowed on the consolidated bal- ance sheets .generally , for agreements carried at fair value , current-period interest accruals are recorded within interest income and interest expense , with changes in fair value reported in principal transactions revenue .however , for financial instru- ments containing embedded derivatives that would be separately accounted for in accordance with accounting guidance for hybrid instruments , all changes in fair value , including any interest elements , are reported in principal transactions revenue .the following table details the firm 2019s securities financing agree- ments , all of which are accounted for as collateralized financings during the periods presented. . december 31 ( in millions ) | 2010 | 2009
securities purchased under resale agreements ( a ) | $ 222302 | $ 195328
securities borrowed ( b ) | 123587 | 119630
securities sold under repurchase agreements ( c ) | $ 262722 | $ 245692
securities loaned | 10592 | 7835 ( a ) includes resale agreements of $ 20.3 billion and $ 20.5 billion accounted for at fair value at december 31 , 2010 and 2009 , respectively .( b ) includes securities borrowed of $ 14.0 billion and $ 7.0 billion accounted for at fair value at december 31 , 2010 and 2009 , respectively .( c ) includes repurchase agreements of $ 4.1 billion and $ 3.4 billion accounted for at fair value at december 31 , 2010 and 2009 , respectively .the amounts reported in the table above have been reduced by $ 112.7 billion and $ 121.2 billion at december 31 , 2010 and 2009 , respectively , as a result of agreements in effect that meet the specified conditions for net presentation under applicable accounting guidance .jpmorgan chase 2019s policy is to take possession , where possible , of securities purchased under resale agreements and of securi- ties borrowed .the firm monitors the market value of the un- derlying securities that it has received from its counterparties and either requests additional collateral or returns a portion of the collateral when appropriate in light of the market value of the underlying securities .margin levels are established initially based upon the counterparty and type of collateral and moni- tored on an ongoing basis to protect against declines in collat- eral value in the event of default .jpmorgan chase typically enters into master netting agreements and other collateral arrangements with its resale agreement and securities bor- rowed counterparties , which provide for the right to liquidate the purchased or borrowed securities in the event of a customer default .as a result of the firm 2019s credit risk mitigation practices described above on resale and securities borrowed agreements , the firm did not hold any reserves for credit impairment on these agreements as of december 31 , 2010 and 2009 .for a further discussion of assets pledged and collateral received in securities financing agreements see note 31 on pages 280 2013 281 of this annual report. .
Question: what is the total repurchase agreements of 2010 and 2009?
Steps: add(4.1, 3.4)
Answer: 7.5
Question: what is the average of these 2 years?
| convfinqa2595 |
improvements are amortized using the straight-line method over the lesser of the remaining respective lease term or estimated useful lives ranging from 1 to 15 years .goodwill , purchased intangibles and other long-lived assets we review our goodwill for impairment annually , or more frequently , if facts and circumstances warrant a review .we completed our annual impairment test in the second quarter of fiscal 2011 and determined that there was no impairment .in the fourth quarter of fiscal 2011 , we announced changes to our business strategy which resulted in a reduction of forecasted revenue for certain of our products .we performed an update to our goodwill impairment test for the enterprise reporting unit and determined there was no impairment .goodwill is assigned to one or more reporting segments on the date of acquisition .we evaluate goodwill for impairment by comparing the fair value of each of our reporting segments to its carrying value , including the associated goodwill .to determine the fair values , we use the market approach based on comparable publicly traded companies in similar lines of businesses and the income approach based on estimated discounted future cash flows .our cash flow assumptions consider historical and forecasted revenue , operating costs and other relevant factors .we amortize intangible assets with finite lives over their estimated useful lives and review them for impairment whenever an impairment indicator exists .we continually monitor events and changes in circumstances that could indicate carrying amounts of our long-lived assets , including our intangible assets may not be recoverable .when such events or changes in circumstances occur , we assess recoverability by determining whether the carrying value of such assets will be recovered through the undiscounted expected future cash flows .if the future undiscounted cash flows are less than the carrying amount of these assets , we recognize an impairment loss based on any excess of the carrying amount over the fair value of the assets .we did not recognize any intangible asset impairment charges in fiscal 2011 , 2010 or 2009 .our intangible assets are amortized over their estimated useful lives of 1 to 13 years .amortization is based on the pattern in which the economic benefits of the intangible asset will be consumed .the weighted average useful lives of our intangibles assets was as follows: . | weighted averageuseful life ( years )
purchased technology | 6
customer contracts and relationships | 10
trademarks | 7
acquired rights to use technology | 9
localization | 1
other intangibles | 3 weighted average useful life ( years ) software development costs capitalization of software development costs for software to be sold , leased , or otherwise marketed begins upon the establishment of technological feasibility , which is generally the completion of a working prototype that has been certified as having no critical bugs and is a release candidate .amortization begins once the software is ready for its intended use , generally based on the pattern in which the economic benefits will be consumed .to date , software development costs incurred between completion of a working prototype and general availability of the related product have not been material .internal use software we capitalize costs associated with customized internal-use software systems that have reached the application development stage .such capitalized costs include external direct costs utilized in developing or obtaining the applications and payroll and payroll-related expenses for employees , who are directly associated with the development of the applications .capitalization of such costs begins when the preliminary project stage is complete and ceases at the point in which the project is substantially complete and is ready for its intended purpose .table of contents adobe systems incorporated notes to consolidated financial statements ( continued ) .
Question: what was the number of weighted average useful life years for customer contracts and relationships?
| 10.0 | 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.
improvements are amortized using the straight-line method over the lesser of the remaining respective lease term or estimated useful lives ranging from 1 to 15 years .goodwill , purchased intangibles and other long-lived assets we review our goodwill for impairment annually , or more frequently , if facts and circumstances warrant a review .we completed our annual impairment test in the second quarter of fiscal 2011 and determined that there was no impairment .in the fourth quarter of fiscal 2011 , we announced changes to our business strategy which resulted in a reduction of forecasted revenue for certain of our products .we performed an update to our goodwill impairment test for the enterprise reporting unit and determined there was no impairment .goodwill is assigned to one or more reporting segments on the date of acquisition .we evaluate goodwill for impairment by comparing the fair value of each of our reporting segments to its carrying value , including the associated goodwill .to determine the fair values , we use the market approach based on comparable publicly traded companies in similar lines of businesses and the income approach based on estimated discounted future cash flows .our cash flow assumptions consider historical and forecasted revenue , operating costs and other relevant factors .we amortize intangible assets with finite lives over their estimated useful lives and review them for impairment whenever an impairment indicator exists .we continually monitor events and changes in circumstances that could indicate carrying amounts of our long-lived assets , including our intangible assets may not be recoverable .when such events or changes in circumstances occur , we assess recoverability by determining whether the carrying value of such assets will be recovered through the undiscounted expected future cash flows .if the future undiscounted cash flows are less than the carrying amount of these assets , we recognize an impairment loss based on any excess of the carrying amount over the fair value of the assets .we did not recognize any intangible asset impairment charges in fiscal 2011 , 2010 or 2009 .our intangible assets are amortized over their estimated useful lives of 1 to 13 years .amortization is based on the pattern in which the economic benefits of the intangible asset will be consumed .the weighted average useful lives of our intangibles assets was as follows: . | weighted averageuseful life ( years )
purchased technology | 6
customer contracts and relationships | 10
trademarks | 7
acquired rights to use technology | 9
localization | 1
other intangibles | 3 weighted average useful life ( years ) software development costs capitalization of software development costs for software to be sold , leased , or otherwise marketed begins upon the establishment of technological feasibility , which is generally the completion of a working prototype that has been certified as having no critical bugs and is a release candidate .amortization begins once the software is ready for its intended use , generally based on the pattern in which the economic benefits will be consumed .to date , software development costs incurred between completion of a working prototype and general availability of the related product have not been material .internal use software we capitalize costs associated with customized internal-use software systems that have reached the application development stage .such capitalized costs include external direct costs utilized in developing or obtaining the applications and payroll and payroll-related expenses for employees , who are directly associated with the development of the applications .capitalization of such costs begins when the preliminary project stage is complete and ceases at the point in which the project is substantially complete and is ready for its intended purpose .table of contents adobe systems incorporated notes to consolidated financial statements ( continued ) .
Question: what was the number of weighted average useful life years for customer contracts and relationships?
| convfinqa2596 |
improvements are amortized using the straight-line method over the lesser of the remaining respective lease term or estimated useful lives ranging from 1 to 15 years .goodwill , purchased intangibles and other long-lived assets we review our goodwill for impairment annually , or more frequently , if facts and circumstances warrant a review .we completed our annual impairment test in the second quarter of fiscal 2011 and determined that there was no impairment .in the fourth quarter of fiscal 2011 , we announced changes to our business strategy which resulted in a reduction of forecasted revenue for certain of our products .we performed an update to our goodwill impairment test for the enterprise reporting unit and determined there was no impairment .goodwill is assigned to one or more reporting segments on the date of acquisition .we evaluate goodwill for impairment by comparing the fair value of each of our reporting segments to its carrying value , including the associated goodwill .to determine the fair values , we use the market approach based on comparable publicly traded companies in similar lines of businesses and the income approach based on estimated discounted future cash flows .our cash flow assumptions consider historical and forecasted revenue , operating costs and other relevant factors .we amortize intangible assets with finite lives over their estimated useful lives and review them for impairment whenever an impairment indicator exists .we continually monitor events and changes in circumstances that could indicate carrying amounts of our long-lived assets , including our intangible assets may not be recoverable .when such events or changes in circumstances occur , we assess recoverability by determining whether the carrying value of such assets will be recovered through the undiscounted expected future cash flows .if the future undiscounted cash flows are less than the carrying amount of these assets , we recognize an impairment loss based on any excess of the carrying amount over the fair value of the assets .we did not recognize any intangible asset impairment charges in fiscal 2011 , 2010 or 2009 .our intangible assets are amortized over their estimated useful lives of 1 to 13 years .amortization is based on the pattern in which the economic benefits of the intangible asset will be consumed .the weighted average useful lives of our intangibles assets was as follows: . | weighted averageuseful life ( years )
purchased technology | 6
customer contracts and relationships | 10
trademarks | 7
acquired rights to use technology | 9
localization | 1
other intangibles | 3 weighted average useful life ( years ) software development costs capitalization of software development costs for software to be sold , leased , or otherwise marketed begins upon the establishment of technological feasibility , which is generally the completion of a working prototype that has been certified as having no critical bugs and is a release candidate .amortization begins once the software is ready for its intended use , generally based on the pattern in which the economic benefits will be consumed .to date , software development costs incurred between completion of a working prototype and general availability of the related product have not been material .internal use software we capitalize costs associated with customized internal-use software systems that have reached the application development stage .such capitalized costs include external direct costs utilized in developing or obtaining the applications and payroll and payroll-related expenses for employees , who are directly associated with the development of the applications .capitalization of such costs begins when the preliminary project stage is complete and ceases at the point in which the project is substantially complete and is ready for its intended purpose .table of contents adobe systems incorporated notes to consolidated financial statements ( continued ) .
Question: what was the number of weighted average useful life years for customer contracts and relationships?
Steps: Ask for number 10
Answer: 10.0
Question: what was the number for trademarks?
| 7.0 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
improvements are amortized using the straight-line method over the lesser of the remaining respective lease term or estimated useful lives ranging from 1 to 15 years .goodwill , purchased intangibles and other long-lived assets we review our goodwill for impairment annually , or more frequently , if facts and circumstances warrant a review .we completed our annual impairment test in the second quarter of fiscal 2011 and determined that there was no impairment .in the fourth quarter of fiscal 2011 , we announced changes to our business strategy which resulted in a reduction of forecasted revenue for certain of our products .we performed an update to our goodwill impairment test for the enterprise reporting unit and determined there was no impairment .goodwill is assigned to one or more reporting segments on the date of acquisition .we evaluate goodwill for impairment by comparing the fair value of each of our reporting segments to its carrying value , including the associated goodwill .to determine the fair values , we use the market approach based on comparable publicly traded companies in similar lines of businesses and the income approach based on estimated discounted future cash flows .our cash flow assumptions consider historical and forecasted revenue , operating costs and other relevant factors .we amortize intangible assets with finite lives over their estimated useful lives and review them for impairment whenever an impairment indicator exists .we continually monitor events and changes in circumstances that could indicate carrying amounts of our long-lived assets , including our intangible assets may not be recoverable .when such events or changes in circumstances occur , we assess recoverability by determining whether the carrying value of such assets will be recovered through the undiscounted expected future cash flows .if the future undiscounted cash flows are less than the carrying amount of these assets , we recognize an impairment loss based on any excess of the carrying amount over the fair value of the assets .we did not recognize any intangible asset impairment charges in fiscal 2011 , 2010 or 2009 .our intangible assets are amortized over their estimated useful lives of 1 to 13 years .amortization is based on the pattern in which the economic benefits of the intangible asset will be consumed .the weighted average useful lives of our intangibles assets was as follows: . | weighted averageuseful life ( years )
purchased technology | 6
customer contracts and relationships | 10
trademarks | 7
acquired rights to use technology | 9
localization | 1
other intangibles | 3 weighted average useful life ( years ) software development costs capitalization of software development costs for software to be sold , leased , or otherwise marketed begins upon the establishment of technological feasibility , which is generally the completion of a working prototype that has been certified as having no critical bugs and is a release candidate .amortization begins once the software is ready for its intended use , generally based on the pattern in which the economic benefits will be consumed .to date , software development costs incurred between completion of a working prototype and general availability of the related product have not been material .internal use software we capitalize costs associated with customized internal-use software systems that have reached the application development stage .such capitalized costs include external direct costs utilized in developing or obtaining the applications and payroll and payroll-related expenses for employees , who are directly associated with the development of the applications .capitalization of such costs begins when the preliminary project stage is complete and ceases at the point in which the project is substantially complete and is ready for its intended purpose .table of contents adobe systems incorporated notes to consolidated financial statements ( continued ) .
Question: what was the number of weighted average useful life years for customer contracts and relationships?
Steps: Ask for number 10
Answer: 10.0
Question: what was the number for trademarks?
| convfinqa2597 |
improvements are amortized using the straight-line method over the lesser of the remaining respective lease term or estimated useful lives ranging from 1 to 15 years .goodwill , purchased intangibles and other long-lived assets we review our goodwill for impairment annually , or more frequently , if facts and circumstances warrant a review .we completed our annual impairment test in the second quarter of fiscal 2011 and determined that there was no impairment .in the fourth quarter of fiscal 2011 , we announced changes to our business strategy which resulted in a reduction of forecasted revenue for certain of our products .we performed an update to our goodwill impairment test for the enterprise reporting unit and determined there was no impairment .goodwill is assigned to one or more reporting segments on the date of acquisition .we evaluate goodwill for impairment by comparing the fair value of each of our reporting segments to its carrying value , including the associated goodwill .to determine the fair values , we use the market approach based on comparable publicly traded companies in similar lines of businesses and the income approach based on estimated discounted future cash flows .our cash flow assumptions consider historical and forecasted revenue , operating costs and other relevant factors .we amortize intangible assets with finite lives over their estimated useful lives and review them for impairment whenever an impairment indicator exists .we continually monitor events and changes in circumstances that could indicate carrying amounts of our long-lived assets , including our intangible assets may not be recoverable .when such events or changes in circumstances occur , we assess recoverability by determining whether the carrying value of such assets will be recovered through the undiscounted expected future cash flows .if the future undiscounted cash flows are less than the carrying amount of these assets , we recognize an impairment loss based on any excess of the carrying amount over the fair value of the assets .we did not recognize any intangible asset impairment charges in fiscal 2011 , 2010 or 2009 .our intangible assets are amortized over their estimated useful lives of 1 to 13 years .amortization is based on the pattern in which the economic benefits of the intangible asset will be consumed .the weighted average useful lives of our intangibles assets was as follows: . | weighted averageuseful life ( years )
purchased technology | 6
customer contracts and relationships | 10
trademarks | 7
acquired rights to use technology | 9
localization | 1
other intangibles | 3 weighted average useful life ( years ) software development costs capitalization of software development costs for software to be sold , leased , or otherwise marketed begins upon the establishment of technological feasibility , which is generally the completion of a working prototype that has been certified as having no critical bugs and is a release candidate .amortization begins once the software is ready for its intended use , generally based on the pattern in which the economic benefits will be consumed .to date , software development costs incurred between completion of a working prototype and general availability of the related product have not been material .internal use software we capitalize costs associated with customized internal-use software systems that have reached the application development stage .such capitalized costs include external direct costs utilized in developing or obtaining the applications and payroll and payroll-related expenses for employees , who are directly associated with the development of the applications .capitalization of such costs begins when the preliminary project stage is complete and ceases at the point in which the project is substantially complete and is ready for its intended purpose .table of contents adobe systems incorporated notes to consolidated financial statements ( continued ) .
Question: what was the number of weighted average useful life years for customer contracts and relationships?
Steps: Ask for number 10
Answer: 10.0
Question: what was the number for trademarks?
Steps: Ask for number 7
Answer: 7.0
Question: what is the sum value?
| 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.
improvements are amortized using the straight-line method over the lesser of the remaining respective lease term or estimated useful lives ranging from 1 to 15 years .goodwill , purchased intangibles and other long-lived assets we review our goodwill for impairment annually , or more frequently , if facts and circumstances warrant a review .we completed our annual impairment test in the second quarter of fiscal 2011 and determined that there was no impairment .in the fourth quarter of fiscal 2011 , we announced changes to our business strategy which resulted in a reduction of forecasted revenue for certain of our products .we performed an update to our goodwill impairment test for the enterprise reporting unit and determined there was no impairment .goodwill is assigned to one or more reporting segments on the date of acquisition .we evaluate goodwill for impairment by comparing the fair value of each of our reporting segments to its carrying value , including the associated goodwill .to determine the fair values , we use the market approach based on comparable publicly traded companies in similar lines of businesses and the income approach based on estimated discounted future cash flows .our cash flow assumptions consider historical and forecasted revenue , operating costs and other relevant factors .we amortize intangible assets with finite lives over their estimated useful lives and review them for impairment whenever an impairment indicator exists .we continually monitor events and changes in circumstances that could indicate carrying amounts of our long-lived assets , including our intangible assets may not be recoverable .when such events or changes in circumstances occur , we assess recoverability by determining whether the carrying value of such assets will be recovered through the undiscounted expected future cash flows .if the future undiscounted cash flows are less than the carrying amount of these assets , we recognize an impairment loss based on any excess of the carrying amount over the fair value of the assets .we did not recognize any intangible asset impairment charges in fiscal 2011 , 2010 or 2009 .our intangible assets are amortized over their estimated useful lives of 1 to 13 years .amortization is based on the pattern in which the economic benefits of the intangible asset will be consumed .the weighted average useful lives of our intangibles assets was as follows: . | weighted averageuseful life ( years )
purchased technology | 6
customer contracts and relationships | 10
trademarks | 7
acquired rights to use technology | 9
localization | 1
other intangibles | 3 weighted average useful life ( years ) software development costs capitalization of software development costs for software to be sold , leased , or otherwise marketed begins upon the establishment of technological feasibility , which is generally the completion of a working prototype that has been certified as having no critical bugs and is a release candidate .amortization begins once the software is ready for its intended use , generally based on the pattern in which the economic benefits will be consumed .to date , software development costs incurred between completion of a working prototype and general availability of the related product have not been material .internal use software we capitalize costs associated with customized internal-use software systems that have reached the application development stage .such capitalized costs include external direct costs utilized in developing or obtaining the applications and payroll and payroll-related expenses for employees , who are directly associated with the development of the applications .capitalization of such costs begins when the preliminary project stage is complete and ceases at the point in which the project is substantially complete and is ready for its intended purpose .table of contents adobe systems incorporated notes to consolidated financial statements ( continued ) .
Question: what was the number of weighted average useful life years for customer contracts and relationships?
Steps: Ask for number 10
Answer: 10.0
Question: what was the number for trademarks?
Steps: Ask for number 7
Answer: 7.0
Question: what is the sum value?
| convfinqa2598 |
improvements are amortized using the straight-line method over the lesser of the remaining respective lease term or estimated useful lives ranging from 1 to 15 years .goodwill , purchased intangibles and other long-lived assets we review our goodwill for impairment annually , or more frequently , if facts and circumstances warrant a review .we completed our annual impairment test in the second quarter of fiscal 2011 and determined that there was no impairment .in the fourth quarter of fiscal 2011 , we announced changes to our business strategy which resulted in a reduction of forecasted revenue for certain of our products .we performed an update to our goodwill impairment test for the enterprise reporting unit and determined there was no impairment .goodwill is assigned to one or more reporting segments on the date of acquisition .we evaluate goodwill for impairment by comparing the fair value of each of our reporting segments to its carrying value , including the associated goodwill .to determine the fair values , we use the market approach based on comparable publicly traded companies in similar lines of businesses and the income approach based on estimated discounted future cash flows .our cash flow assumptions consider historical and forecasted revenue , operating costs and other relevant factors .we amortize intangible assets with finite lives over their estimated useful lives and review them for impairment whenever an impairment indicator exists .we continually monitor events and changes in circumstances that could indicate carrying amounts of our long-lived assets , including our intangible assets may not be recoverable .when such events or changes in circumstances occur , we assess recoverability by determining whether the carrying value of such assets will be recovered through the undiscounted expected future cash flows .if the future undiscounted cash flows are less than the carrying amount of these assets , we recognize an impairment loss based on any excess of the carrying amount over the fair value of the assets .we did not recognize any intangible asset impairment charges in fiscal 2011 , 2010 or 2009 .our intangible assets are amortized over their estimated useful lives of 1 to 13 years .amortization is based on the pattern in which the economic benefits of the intangible asset will be consumed .the weighted average useful lives of our intangibles assets was as follows: . | weighted averageuseful life ( years )
purchased technology | 6
customer contracts and relationships | 10
trademarks | 7
acquired rights to use technology | 9
localization | 1
other intangibles | 3 weighted average useful life ( years ) software development costs capitalization of software development costs for software to be sold , leased , or otherwise marketed begins upon the establishment of technological feasibility , which is generally the completion of a working prototype that has been certified as having no critical bugs and is a release candidate .amortization begins once the software is ready for its intended use , generally based on the pattern in which the economic benefits will be consumed .to date , software development costs incurred between completion of a working prototype and general availability of the related product have not been material .internal use software we capitalize costs associated with customized internal-use software systems that have reached the application development stage .such capitalized costs include external direct costs utilized in developing or obtaining the applications and payroll and payroll-related expenses for employees , who are directly associated with the development of the applications .capitalization of such costs begins when the preliminary project stage is complete and ceases at the point in which the project is substantially complete and is ready for its intended purpose .table of contents adobe systems incorporated notes to consolidated financial statements ( continued ) .
Question: what was the number of weighted average useful life years for customer contracts and relationships?
Steps: Ask for number 10
Answer: 10.0
Question: what was the number for trademarks?
Steps: Ask for number 7
Answer: 7.0
Question: what is the sum value?
Steps: add(10, 7)
Answer: 17.0
Question: was is the average value?
| 8.5 | 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.
improvements are amortized using the straight-line method over the lesser of the remaining respective lease term or estimated useful lives ranging from 1 to 15 years .goodwill , purchased intangibles and other long-lived assets we review our goodwill for impairment annually , or more frequently , if facts and circumstances warrant a review .we completed our annual impairment test in the second quarter of fiscal 2011 and determined that there was no impairment .in the fourth quarter of fiscal 2011 , we announced changes to our business strategy which resulted in a reduction of forecasted revenue for certain of our products .we performed an update to our goodwill impairment test for the enterprise reporting unit and determined there was no impairment .goodwill is assigned to one or more reporting segments on the date of acquisition .we evaluate goodwill for impairment by comparing the fair value of each of our reporting segments to its carrying value , including the associated goodwill .to determine the fair values , we use the market approach based on comparable publicly traded companies in similar lines of businesses and the income approach based on estimated discounted future cash flows .our cash flow assumptions consider historical and forecasted revenue , operating costs and other relevant factors .we amortize intangible assets with finite lives over their estimated useful lives and review them for impairment whenever an impairment indicator exists .we continually monitor events and changes in circumstances that could indicate carrying amounts of our long-lived assets , including our intangible assets may not be recoverable .when such events or changes in circumstances occur , we assess recoverability by determining whether the carrying value of such assets will be recovered through the undiscounted expected future cash flows .if the future undiscounted cash flows are less than the carrying amount of these assets , we recognize an impairment loss based on any excess of the carrying amount over the fair value of the assets .we did not recognize any intangible asset impairment charges in fiscal 2011 , 2010 or 2009 .our intangible assets are amortized over their estimated useful lives of 1 to 13 years .amortization is based on the pattern in which the economic benefits of the intangible asset will be consumed .the weighted average useful lives of our intangibles assets was as follows: . | weighted averageuseful life ( years )
purchased technology | 6
customer contracts and relationships | 10
trademarks | 7
acquired rights to use technology | 9
localization | 1
other intangibles | 3 weighted average useful life ( years ) software development costs capitalization of software development costs for software to be sold , leased , or otherwise marketed begins upon the establishment of technological feasibility , which is generally the completion of a working prototype that has been certified as having no critical bugs and is a release candidate .amortization begins once the software is ready for its intended use , generally based on the pattern in which the economic benefits will be consumed .to date , software development costs incurred between completion of a working prototype and general availability of the related product have not been material .internal use software we capitalize costs associated with customized internal-use software systems that have reached the application development stage .such capitalized costs include external direct costs utilized in developing or obtaining the applications and payroll and payroll-related expenses for employees , who are directly associated with the development of the applications .capitalization of such costs begins when the preliminary project stage is complete and ceases at the point in which the project is substantially complete and is ready for its intended purpose .table of contents adobe systems incorporated notes to consolidated financial statements ( continued ) .
Question: what was the number of weighted average useful life years for customer contracts and relationships?
Steps: Ask for number 10
Answer: 10.0
Question: what was the number for trademarks?
Steps: Ask for number 7
Answer: 7.0
Question: what is the sum value?
Steps: add(10, 7)
Answer: 17.0
Question: was is the average value?
| convfinqa2599 |
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