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CONVFINQA4000 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
december 31 , 2015 carrying amount accumulated amortization . <table class='wikitable'><tr><td>1</td><td>december 31 2015</td><td>gross carrying amount</td><td>accumulated amortization</td></tr><tr><td>2</td><td>computer software</td><td>$ 793</td><td>$ -643 ( 643 )</td></tr><tr><td>3</td><td>patents and licenses</td><td>110</td><td>-98 ( 98 )</td></tr><tr><td>4</td><td>other intangibles ( f )</td><td>961</td><td>-64 ( 64 )</td></tr><tr><td>5</td><td>total amortizable intangible assets</td><td>1864</td><td>-805 ( 805 )</td></tr><tr><td>6</td><td>indefinite-lived trade names and trademarks</td><td>45</td><td>-</td></tr><tr><td>7</td><td>total other intangible assets</td><td>$ 1909</td><td>$ -805 ( 805 )</td></tr></table> computer software consists primarily of software costs associated with an enterprise business solution ( ebs ) within arconic to drive common systems among all businesses . amortization expense related to the intangible assets in the tables above for the years ended december 31 , 2016 , 2015 , and 2014 was $ 65 , $ 67 , and $ 55 , respectively , and is expected to be in the range of approximately $ 56 to $ 64 annually from 2017 to 2021 . f . acquisitions and divestitures pro forma results of the company , assuming all acquisitions described below were made at the beginning of the earliest prior period presented , would not have been materially different from the results reported . 2016 divestitures . in april 2016 , arconic completed the sale of the remmele medical business to lisi medical for $ 102 in cash ( $ 99 net of transaction costs ) , which was included in proceeds from the sale of assets and businesses on the accompanying statement of consolidated cash flows . this business , which was part of the rti international metals inc . ( rti ) acquisition ( see below ) , manufactures precision-machined metal products for customers in the minimally invasive surgical device and implantable device markets . since this transaction occurred within a year of the completion of the rti acquisition , no gain was recorded on this transaction as the excess of the proceeds over the carrying value of the net assets of this business was reflected as a purchase price adjustment ( decrease to goodwill of $ 44 ) to the final allocation of the purchase price related to arconic 2019s acquisition of rti . while owned by arconic , the operating results and assets and liabilities of this business were included in the engineered products and solutions segment . this business generated sales of approximately $ 20 from january 1 , 2016 through the divestiture date , april 29 , 2016 , and , at the time of the divestiture , had approximately 330 employees . this transaction is no longer subject to post-closing adjustments . 2015 acquisitions . in march 2015 , arconic completed the acquisition of an aerospace structural castings company , tital , for $ 204 ( 20ac188 ) in cash ( an additional $ 1 ( 20ac1 ) was paid in september 2015 to settle working capital in accordance with the purchase agreement ) . tital , a privately held company with approximately 650 employees based in germany , produces aluminum and titanium investment casting products for the aerospace and defense markets . the purpose of this acquisition is to capture increasing demand for advanced jet engine components made of titanium , establish titanium-casting capabilities in europe , and expand existing aluminum casting capacity . the assets , including the associated goodwill , and liabilities of this business were included within arconic 2019s engineered products and solutions segment since the date of acquisition . based on the preliminary allocation of the purchase price , goodwill of $ 118 was recorded for this transaction . in the first quarter of 2016 , the allocation of the purchase price was finalized , based , in part , on the completion of a third-party valuation of certain assets acquired , resulting in a $ 1 reduction of the initial goodwill amount . none of the $ 117 in goodwill is deductible for income tax purposes and no other intangible assets were identified . this transaction is no longer subject to post-closing adjustments . in july 2015 , arconic completed the acquisition of rti , a u.s . company that was publicly traded on the new york stock exchange under the ticker symbol 201crti . 201d arconic purchased all outstanding shares of rti common stock in a stock-for-stock transaction valued at $ 870 ( based on the $ 9.96 per share july 23 , 2015 closing price of arconic 2019s .
Question: what is the gross carrying amount for computer software as of dec 31, 2015?
Answer: 793.0
Question: what about the accumulated depreciation related to computer software?
| 643.0 |
CONVFINQA4001 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
december 31 , 2015 carrying amount accumulated amortization . <table class='wikitable'><tr><td>1</td><td>december 31 2015</td><td>gross carrying amount</td><td>accumulated amortization</td></tr><tr><td>2</td><td>computer software</td><td>$ 793</td><td>$ -643 ( 643 )</td></tr><tr><td>3</td><td>patents and licenses</td><td>110</td><td>-98 ( 98 )</td></tr><tr><td>4</td><td>other intangibles ( f )</td><td>961</td><td>-64 ( 64 )</td></tr><tr><td>5</td><td>total amortizable intangible assets</td><td>1864</td><td>-805 ( 805 )</td></tr><tr><td>6</td><td>indefinite-lived trade names and trademarks</td><td>45</td><td>-</td></tr><tr><td>7</td><td>total other intangible assets</td><td>$ 1909</td><td>$ -805 ( 805 )</td></tr></table> computer software consists primarily of software costs associated with an enterprise business solution ( ebs ) within arconic to drive common systems among all businesses . amortization expense related to the intangible assets in the tables above for the years ended december 31 , 2016 , 2015 , and 2014 was $ 65 , $ 67 , and $ 55 , respectively , and is expected to be in the range of approximately $ 56 to $ 64 annually from 2017 to 2021 . f . acquisitions and divestitures pro forma results of the company , assuming all acquisitions described below were made at the beginning of the earliest prior period presented , would not have been materially different from the results reported . 2016 divestitures . in april 2016 , arconic completed the sale of the remmele medical business to lisi medical for $ 102 in cash ( $ 99 net of transaction costs ) , which was included in proceeds from the sale of assets and businesses on the accompanying statement of consolidated cash flows . this business , which was part of the rti international metals inc . ( rti ) acquisition ( see below ) , manufactures precision-machined metal products for customers in the minimally invasive surgical device and implantable device markets . since this transaction occurred within a year of the completion of the rti acquisition , no gain was recorded on this transaction as the excess of the proceeds over the carrying value of the net assets of this business was reflected as a purchase price adjustment ( decrease to goodwill of $ 44 ) to the final allocation of the purchase price related to arconic 2019s acquisition of rti . while owned by arconic , the operating results and assets and liabilities of this business were included in the engineered products and solutions segment . this business generated sales of approximately $ 20 from january 1 , 2016 through the divestiture date , april 29 , 2016 , and , at the time of the divestiture , had approximately 330 employees . this transaction is no longer subject to post-closing adjustments . 2015 acquisitions . in march 2015 , arconic completed the acquisition of an aerospace structural castings company , tital , for $ 204 ( 20ac188 ) in cash ( an additional $ 1 ( 20ac1 ) was paid in september 2015 to settle working capital in accordance with the purchase agreement ) . tital , a privately held company with approximately 650 employees based in germany , produces aluminum and titanium investment casting products for the aerospace and defense markets . the purpose of this acquisition is to capture increasing demand for advanced jet engine components made of titanium , establish titanium-casting capabilities in europe , and expand existing aluminum casting capacity . the assets , including the associated goodwill , and liabilities of this business were included within arconic 2019s engineered products and solutions segment since the date of acquisition . based on the preliminary allocation of the purchase price , goodwill of $ 118 was recorded for this transaction . in the first quarter of 2016 , the allocation of the purchase price was finalized , based , in part , on the completion of a third-party valuation of certain assets acquired , resulting in a $ 1 reduction of the initial goodwill amount . none of the $ 117 in goodwill is deductible for income tax purposes and no other intangible assets were identified . this transaction is no longer subject to post-closing adjustments . in july 2015 , arconic completed the acquisition of rti , a u.s . company that was publicly traded on the new york stock exchange under the ticker symbol 201crti . 201d arconic purchased all outstanding shares of rti common stock in a stock-for-stock transaction valued at $ 870 ( based on the $ 9.96 per share july 23 , 2015 closing price of arconic 2019s .
Question: what is the gross carrying amount for computer software as of dec 31, 2015?
Answer: 793.0
Question: what about the accumulated depreciation related to computer software?
Answer: 643.0
Question: what is the original cost for computer software?
| 1436.0 |
CONVFINQA4002 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
december 31 , 2015 carrying amount accumulated amortization . <table class='wikitable'><tr><td>1</td><td>december 31 2015</td><td>gross carrying amount</td><td>accumulated amortization</td></tr><tr><td>2</td><td>computer software</td><td>$ 793</td><td>$ -643 ( 643 )</td></tr><tr><td>3</td><td>patents and licenses</td><td>110</td><td>-98 ( 98 )</td></tr><tr><td>4</td><td>other intangibles ( f )</td><td>961</td><td>-64 ( 64 )</td></tr><tr><td>5</td><td>total amortizable intangible assets</td><td>1864</td><td>-805 ( 805 )</td></tr><tr><td>6</td><td>indefinite-lived trade names and trademarks</td><td>45</td><td>-</td></tr><tr><td>7</td><td>total other intangible assets</td><td>$ 1909</td><td>$ -805 ( 805 )</td></tr></table> computer software consists primarily of software costs associated with an enterprise business solution ( ebs ) within arconic to drive common systems among all businesses . amortization expense related to the intangible assets in the tables above for the years ended december 31 , 2016 , 2015 , and 2014 was $ 65 , $ 67 , and $ 55 , respectively , and is expected to be in the range of approximately $ 56 to $ 64 annually from 2017 to 2021 . f . acquisitions and divestitures pro forma results of the company , assuming all acquisitions described below were made at the beginning of the earliest prior period presented , would not have been materially different from the results reported . 2016 divestitures . in april 2016 , arconic completed the sale of the remmele medical business to lisi medical for $ 102 in cash ( $ 99 net of transaction costs ) , which was included in proceeds from the sale of assets and businesses on the accompanying statement of consolidated cash flows . this business , which was part of the rti international metals inc . ( rti ) acquisition ( see below ) , manufactures precision-machined metal products for customers in the minimally invasive surgical device and implantable device markets . since this transaction occurred within a year of the completion of the rti acquisition , no gain was recorded on this transaction as the excess of the proceeds over the carrying value of the net assets of this business was reflected as a purchase price adjustment ( decrease to goodwill of $ 44 ) to the final allocation of the purchase price related to arconic 2019s acquisition of rti . while owned by arconic , the operating results and assets and liabilities of this business were included in the engineered products and solutions segment . this business generated sales of approximately $ 20 from january 1 , 2016 through the divestiture date , april 29 , 2016 , and , at the time of the divestiture , had approximately 330 employees . this transaction is no longer subject to post-closing adjustments . 2015 acquisitions . in march 2015 , arconic completed the acquisition of an aerospace structural castings company , tital , for $ 204 ( 20ac188 ) in cash ( an additional $ 1 ( 20ac1 ) was paid in september 2015 to settle working capital in accordance with the purchase agreement ) . tital , a privately held company with approximately 650 employees based in germany , produces aluminum and titanium investment casting products for the aerospace and defense markets . the purpose of this acquisition is to capture increasing demand for advanced jet engine components made of titanium , establish titanium-casting capabilities in europe , and expand existing aluminum casting capacity . the assets , including the associated goodwill , and liabilities of this business were included within arconic 2019s engineered products and solutions segment since the date of acquisition . based on the preliminary allocation of the purchase price , goodwill of $ 118 was recorded for this transaction . in the first quarter of 2016 , the allocation of the purchase price was finalized , based , in part , on the completion of a third-party valuation of certain assets acquired , resulting in a $ 1 reduction of the initial goodwill amount . none of the $ 117 in goodwill is deductible for income tax purposes and no other intangible assets were identified . this transaction is no longer subject to post-closing adjustments . in july 2015 , arconic completed the acquisition of rti , a u.s . company that was publicly traded on the new york stock exchange under the ticker symbol 201crti . 201d arconic purchased all outstanding shares of rti common stock in a stock-for-stock transaction valued at $ 870 ( based on the $ 9.96 per share july 23 , 2015 closing price of arconic 2019s .
Question: what is the gross carrying amount for computer software as of dec 31, 2015?
Answer: 793.0
Question: what about the accumulated depreciation related to computer software?
Answer: 643.0
Question: what is the original cost for computer software?
Answer: 1436.0
Question: what about the original cost for patents and licenses?
| 208.0 |
CONVFINQA4003 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
contractual obligations in 2011 , we issued $ 1200 million of senior notes and entered into the credit facility with third-party lenders in the amount of $ 1225 million . as of december 31 , 2011 , total outstanding long-term debt was $ 1859 million , consisting of these senior notes and the credit facility , in addition to $ 105 million of third party debt that remained outstanding subsequent to the spin-off . in connection with the spin-off , we entered into a transition services agreement with northrop grumman , under which northrop grumman or certain of its subsidiaries provides us with certain services to help ensure an orderly transition following the distribution . under the transition services agreement , northrop grumman provides , for up to 12 months following the spin-off , certain enterprise shared services ( including information technology , resource planning , financial , procurement and human resource services ) , benefits support services and other specified services . the original term of the transition services agreement ends on march 31 , 2012 , although we have the right to and have cancelled certain services as we transition to new third-party providers . the services provided by northrop grumman are charged to us at cost , and a limited number of these services may be extended for a period of approximately six months to allow full information systems transition . see note 20 : related party transactions and former parent company equity in item 8 . in connection with the spin-off , we entered into a tax matters agreement with northrop grumman ( the 201ctax matters agreement 201d ) that governs the respective rights , responsibilities and obligations of northrop grumman and us after the spin-off with respect to tax liabilities and benefits , tax attributes , tax contests and other tax sharing regarding u.s . federal , state , local and foreign income taxes , other taxes and related tax returns . we have several liabilities with northrop grumman to the irs for the consolidated u.s . federal income taxes of the northrop grumman consolidated group relating to the taxable periods in which we were part of that group . however , the tax matters agreement specifies the portion of this tax liability for which we will bear responsibility , and northrop grumman has agreed to indemnify us against any amounts for which we are not responsible . the tax matters agreement also provides special rules for allocating tax liabilities in the event that the spin-off , together with certain related transactions , is not tax-free . see note 20 : related party transactions and former parent company equity in item 8 . we do not expect either the transition services agreement or the tax matters agreement to have a significant impact on our financial condition and results of operations . the following table presents our contractual obligations as of december 31 , 2011 , and the related estimated timing of future cash payments : ( $ in millions ) total 2012 2013 - 2014 2015 - 2016 2017 and beyond . <table class='wikitable'><tr><td>1</td><td>( $ in millions )</td><td>total</td><td>2012</td><td>2013 - 2014</td><td>2015 - 2016</td><td>2017 and beyond</td></tr><tr><td>2</td><td>long-term debt</td><td>$ 1859</td><td>$ 29</td><td>$ 129</td><td>$ 396</td><td>$ 1305</td></tr><tr><td>3</td><td>interest payments on long-term debt ( 1 )</td><td>854</td><td>112</td><td>219</td><td>202</td><td>321</td></tr><tr><td>4</td><td>operating leases</td><td>124</td><td>21</td><td>32</td><td>23</td><td>48</td></tr><tr><td>5</td><td>purchase obligations ( 2 )</td><td>2425</td><td>1409</td><td>763</td><td>209</td><td>44</td></tr><tr><td>6</td><td>other long-term liabilities ( 3 )</td><td>587</td><td>66</td><td>96</td><td>67</td><td>358</td></tr><tr><td>7</td><td>total contractual obligations</td><td>$ 5849</td><td>$ 1637</td><td>$ 1239</td><td>$ 897</td><td>$ 2076</td></tr></table> ( 1 ) interest payments include interest on $ 554 million of variable interest rate debt calculated based on interest rates at december 31 , 2011 . ( 2 ) a 201cpurchase obligation 201d is defined as an agreement to purchase goods or services that is enforceable and legally binding on us and that specifies all significant terms , including : fixed or minimum quantities to be purchased ; fixed , minimum , or variable price provisions ; and the approximate timing of the transaction . these amounts are primarily comprised of open purchase order commitments to vendors and subcontractors pertaining to funded contracts . ( 3 ) other long-term liabilities primarily consist of total accrued workers 2019 compensation reserves , deferred compensation , and other miscellaneous liabilities , of which $ 201 million is the current portion of workers 2019 compensation liabilities . it excludes obligations for uncertain tax positions of $ 9 million , as the timing of the payments , if any , cannot be reasonably estimated . the above table excludes retirement related contributions . in 2012 , we expect to make minimum and discretionary contributions to our qualified pension plans of approximately $ 153 million and $ 65 million , respectively , exclusive of any u.s . government recoveries . we will continue to periodically evaluate whether to make additional discretionary contributions . in 2012 , we expect to make $ 35 million in contributions for our other postretirement plans , exclusive of any .
Question: as of december 31, 2011, how much did the the long-term debt included in the section of current liabilities on the balance sheet represent in relation to the total one?
| 0.0156 |
CONVFINQA4004 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
contractual obligations in 2011 , we issued $ 1200 million of senior notes and entered into the credit facility with third-party lenders in the amount of $ 1225 million . as of december 31 , 2011 , total outstanding long-term debt was $ 1859 million , consisting of these senior notes and the credit facility , in addition to $ 105 million of third party debt that remained outstanding subsequent to the spin-off . in connection with the spin-off , we entered into a transition services agreement with northrop grumman , under which northrop grumman or certain of its subsidiaries provides us with certain services to help ensure an orderly transition following the distribution . under the transition services agreement , northrop grumman provides , for up to 12 months following the spin-off , certain enterprise shared services ( including information technology , resource planning , financial , procurement and human resource services ) , benefits support services and other specified services . the original term of the transition services agreement ends on march 31 , 2012 , although we have the right to and have cancelled certain services as we transition to new third-party providers . the services provided by northrop grumman are charged to us at cost , and a limited number of these services may be extended for a period of approximately six months to allow full information systems transition . see note 20 : related party transactions and former parent company equity in item 8 . in connection with the spin-off , we entered into a tax matters agreement with northrop grumman ( the 201ctax matters agreement 201d ) that governs the respective rights , responsibilities and obligations of northrop grumman and us after the spin-off with respect to tax liabilities and benefits , tax attributes , tax contests and other tax sharing regarding u.s . federal , state , local and foreign income taxes , other taxes and related tax returns . we have several liabilities with northrop grumman to the irs for the consolidated u.s . federal income taxes of the northrop grumman consolidated group relating to the taxable periods in which we were part of that group . however , the tax matters agreement specifies the portion of this tax liability for which we will bear responsibility , and northrop grumman has agreed to indemnify us against any amounts for which we are not responsible . the tax matters agreement also provides special rules for allocating tax liabilities in the event that the spin-off , together with certain related transactions , is not tax-free . see note 20 : related party transactions and former parent company equity in item 8 . we do not expect either the transition services agreement or the tax matters agreement to have a significant impact on our financial condition and results of operations . the following table presents our contractual obligations as of december 31 , 2011 , and the related estimated timing of future cash payments : ( $ in millions ) total 2012 2013 - 2014 2015 - 2016 2017 and beyond . <table class='wikitable'><tr><td>1</td><td>( $ in millions )</td><td>total</td><td>2012</td><td>2013 - 2014</td><td>2015 - 2016</td><td>2017 and beyond</td></tr><tr><td>2</td><td>long-term debt</td><td>$ 1859</td><td>$ 29</td><td>$ 129</td><td>$ 396</td><td>$ 1305</td></tr><tr><td>3</td><td>interest payments on long-term debt ( 1 )</td><td>854</td><td>112</td><td>219</td><td>202</td><td>321</td></tr><tr><td>4</td><td>operating leases</td><td>124</td><td>21</td><td>32</td><td>23</td><td>48</td></tr><tr><td>5</td><td>purchase obligations ( 2 )</td><td>2425</td><td>1409</td><td>763</td><td>209</td><td>44</td></tr><tr><td>6</td><td>other long-term liabilities ( 3 )</td><td>587</td><td>66</td><td>96</td><td>67</td><td>358</td></tr><tr><td>7</td><td>total contractual obligations</td><td>$ 5849</td><td>$ 1637</td><td>$ 1239</td><td>$ 897</td><td>$ 2076</td></tr></table> ( 1 ) interest payments include interest on $ 554 million of variable interest rate debt calculated based on interest rates at december 31 , 2011 . ( 2 ) a 201cpurchase obligation 201d is defined as an agreement to purchase goods or services that is enforceable and legally binding on us and that specifies all significant terms , including : fixed or minimum quantities to be purchased ; fixed , minimum , or variable price provisions ; and the approximate timing of the transaction . these amounts are primarily comprised of open purchase order commitments to vendors and subcontractors pertaining to funded contracts . ( 3 ) other long-term liabilities primarily consist of total accrued workers 2019 compensation reserves , deferred compensation , and other miscellaneous liabilities , of which $ 201 million is the current portion of workers 2019 compensation liabilities . it excludes obligations for uncertain tax positions of $ 9 million , as the timing of the payments , if any , cannot be reasonably estimated . the above table excludes retirement related contributions . in 2012 , we expect to make minimum and discretionary contributions to our qualified pension plans of approximately $ 153 million and $ 65 million , respectively , exclusive of any u.s . government recoveries . we will continue to periodically evaluate whether to make additional discretionary contributions . in 2012 , we expect to make $ 35 million in contributions for our other postretirement plans , exclusive of any .
Question: as of december 31, 2011, how much did the the long-term debt included in the section of current liabilities on the balance sheet represent in relation to the total one?
Answer: 0.0156
Question: and in the subsequent year, what were the minimum contributions to their qualified plans as a portion of the discretionary ones?
| 2.35385 |
CONVFINQA4005 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
financial assurance we must provide financial assurance to governmental agencies and a variety of other entities under applicable environmental regulations relating to our landfill operations for capping , closure and post-closure costs , and related to our performance under certain collection , landfill and transfer station contracts . we satisfy these financial assurance requirements by providing surety bonds , letters of credit , or insurance policies ( financial assurance instruments ) , or trust deposits , which are included in restricted cash and marketable securities and other assets in our consolidated balance sheets . the amount of the financial assurance requirements for capping , closure and post-closure costs is determined by applicable state environmental regulations . the financial assurance requirements for capping , closure and post-closure costs may be associated with a portion of the landfill or the entire landfill . generally , states require a third-party engineering specialist to determine the estimated capping , closure and post-closure costs that are used to determine the required amount of financial assurance for a landfill . the amount of financial assurance required can , and generally will , differ from the obligation determined and recorded under u.s . gaap . the amount of the financial assurance requirements related to contract performance varies by contract . additionally , we must provide financial assurance for our insurance program and collateral for certain performance obligations . we do not expect a material increase in financial assurance requirements during 2015 , although the mix of financial assurance instruments may change . these financial assurance instruments are issued in the normal course of business and are not considered indebtedness . because we currently have no liability for the financial assurance instruments , they are not reflected in our consolidated balance sheets ; however , we record capping , closure and post-closure liabilities and insurance liabilities as they are incurred . the underlying obligations of the financial assurance instruments , in excess of those already reflected in our consolidated balance sheets , would be recorded if it is probable that we would be unable to fulfill our related obligations . we do not expect this to occur . off-balance sheet arrangements we have no off-balance sheet debt or similar obligations , other than operating leases and financial assurances , which are not classified as debt . we have no transactions or obligations with related parties that are not disclosed , consolidated into or reflected in our reported financial position or results of operations . we have not guaranteed any third-party debt . free cash flow we define free cash flow , which is not a measure determined in accordance with u.s . gaap , as cash provided by operating activities less purchases of property and equipment , plus proceeds from sales of property and equipment , as presented in our consolidated statements of cash flows . the following table calculates our free cash flow for the years ended december 31 , 2014 , 2013 and 2012 ( in millions of dollars ) : . <table class='wikitable'><tr><td>1</td><td>-</td><td>2014</td><td>2013</td><td>2012</td></tr><tr><td>2</td><td>cash provided by operating activities</td><td>$ 1529.8</td><td>$ 1548.2</td><td>$ 1513.8</td></tr><tr><td>3</td><td>purchases of property and equipment</td><td>-862.5 ( 862.5 )</td><td>-880.8 ( 880.8 )</td><td>-903.5 ( 903.5 )</td></tr><tr><td>4</td><td>proceeds from sales of property and equipment</td><td>35.7</td><td>23.9</td><td>28.7</td></tr><tr><td>5</td><td>free cash flow</td><td>$ 703.0</td><td>$ 691.3</td><td>$ 639.0</td></tr></table> for a discussion of the changes in the components of free cash flow , you should read our discussion regarding cash flows provided by operating activities and cash flows used in investing activities contained elsewhere in this management 2019s discussion and analysis of financial condition and results of operations. .
Question: what was the ratio of the cash provided by operating activities to the free cash flow in 2014?
| 2.1761 |
CONVFINQA4006 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
financial assurance we must provide financial assurance to governmental agencies and a variety of other entities under applicable environmental regulations relating to our landfill operations for capping , closure and post-closure costs , and related to our performance under certain collection , landfill and transfer station contracts . we satisfy these financial assurance requirements by providing surety bonds , letters of credit , or insurance policies ( financial assurance instruments ) , or trust deposits , which are included in restricted cash and marketable securities and other assets in our consolidated balance sheets . the amount of the financial assurance requirements for capping , closure and post-closure costs is determined by applicable state environmental regulations . the financial assurance requirements for capping , closure and post-closure costs may be associated with a portion of the landfill or the entire landfill . generally , states require a third-party engineering specialist to determine the estimated capping , closure and post-closure costs that are used to determine the required amount of financial assurance for a landfill . the amount of financial assurance required can , and generally will , differ from the obligation determined and recorded under u.s . gaap . the amount of the financial assurance requirements related to contract performance varies by contract . additionally , we must provide financial assurance for our insurance program and collateral for certain performance obligations . we do not expect a material increase in financial assurance requirements during 2015 , although the mix of financial assurance instruments may change . these financial assurance instruments are issued in the normal course of business and are not considered indebtedness . because we currently have no liability for the financial assurance instruments , they are not reflected in our consolidated balance sheets ; however , we record capping , closure and post-closure liabilities and insurance liabilities as they are incurred . the underlying obligations of the financial assurance instruments , in excess of those already reflected in our consolidated balance sheets , would be recorded if it is probable that we would be unable to fulfill our related obligations . we do not expect this to occur . off-balance sheet arrangements we have no off-balance sheet debt or similar obligations , other than operating leases and financial assurances , which are not classified as debt . we have no transactions or obligations with related parties that are not disclosed , consolidated into or reflected in our reported financial position or results of operations . we have not guaranteed any third-party debt . free cash flow we define free cash flow , which is not a measure determined in accordance with u.s . gaap , as cash provided by operating activities less purchases of property and equipment , plus proceeds from sales of property and equipment , as presented in our consolidated statements of cash flows . the following table calculates our free cash flow for the years ended december 31 , 2014 , 2013 and 2012 ( in millions of dollars ) : . <table class='wikitable'><tr><td>1</td><td>-</td><td>2014</td><td>2013</td><td>2012</td></tr><tr><td>2</td><td>cash provided by operating activities</td><td>$ 1529.8</td><td>$ 1548.2</td><td>$ 1513.8</td></tr><tr><td>3</td><td>purchases of property and equipment</td><td>-862.5 ( 862.5 )</td><td>-880.8 ( 880.8 )</td><td>-903.5 ( 903.5 )</td></tr><tr><td>4</td><td>proceeds from sales of property and equipment</td><td>35.7</td><td>23.9</td><td>28.7</td></tr><tr><td>5</td><td>free cash flow</td><td>$ 703.0</td><td>$ 691.3</td><td>$ 639.0</td></tr></table> for a discussion of the changes in the components of free cash flow , you should read our discussion regarding cash flows provided by operating activities and cash flows used in investing activities contained elsewhere in this management 2019s discussion and analysis of financial condition and results of operations. .
Question: what was the ratio of the cash provided by operating activities to the free cash flow in 2014?
Answer: 2.1761
Question: what was the change in free cash flow in 2013?
| -856.9 |
CONVFINQA4007 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
shareowner return performance graph the following performance graph and related information shall not be deemed 201csoliciting material 201d or to be 201cfiled 201d with the securities and exchange commission , nor shall such information be incorporated by reference into any future filing under the securities act of 1933 or securities exchange act of 1934 , each as amended , except to the extent that the company specifically incorporates such information by reference into such filing . the following graph shows a five year comparison of cumulative total shareowners 2019 returns for our class b common stock , the standard & poor 2019s 500 index , and the dow jones transportation average . the comparison of the total cumulative return on investment , which is the change in the quarterly stock price plus reinvested dividends for each of the quarterly periods , assumes that $ 100 was invested on december 31 , 2005 in the standard & poor 2019s 500 index , the dow jones transportation average , and our class b common stock . comparison of five year cumulative total return $ 40.00 $ 60.00 $ 80.00 $ 100.00 $ 120.00 $ 140.00 $ 160.00 201020092008200720062005 s&p 500 ups dj transport . <table class='wikitable'><tr><td>1</td><td>-</td><td>12/31/05</td><td>12/31/06</td><td>12/31/07</td><td>12/31/08</td><td>12/31/09</td><td>12/31/10</td></tr><tr><td>2</td><td>united parcel service inc .</td><td>$ 100.00</td><td>$ 101.76</td><td>$ 98.20</td><td>$ 78.76</td><td>$ 84.87</td><td>$ 110.57</td></tr><tr><td>3</td><td>standard & poor 2019s 500 index</td><td>$ 100.00</td><td>$ 115.79</td><td>$ 122.16</td><td>$ 76.96</td><td>$ 97.33</td><td>$ 111.99</td></tr><tr><td>4</td><td>dow jones transportation average</td><td>$ 100.00</td><td>$ 109.82</td><td>$ 111.38</td><td>$ 87.52</td><td>$ 103.79</td><td>$ 131.59</td></tr></table> .
Question: what is the value of an investment in ups in 2010?
| 110.57 |
CONVFINQA4008 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
shareowner return performance graph the following performance graph and related information shall not be deemed 201csoliciting material 201d or to be 201cfiled 201d with the securities and exchange commission , nor shall such information be incorporated by reference into any future filing under the securities act of 1933 or securities exchange act of 1934 , each as amended , except to the extent that the company specifically incorporates such information by reference into such filing . the following graph shows a five year comparison of cumulative total shareowners 2019 returns for our class b common stock , the standard & poor 2019s 500 index , and the dow jones transportation average . the comparison of the total cumulative return on investment , which is the change in the quarterly stock price plus reinvested dividends for each of the quarterly periods , assumes that $ 100 was invested on december 31 , 2005 in the standard & poor 2019s 500 index , the dow jones transportation average , and our class b common stock . comparison of five year cumulative total return $ 40.00 $ 60.00 $ 80.00 $ 100.00 $ 120.00 $ 140.00 $ 160.00 201020092008200720062005 s&p 500 ups dj transport . <table class='wikitable'><tr><td>1</td><td>-</td><td>12/31/05</td><td>12/31/06</td><td>12/31/07</td><td>12/31/08</td><td>12/31/09</td><td>12/31/10</td></tr><tr><td>2</td><td>united parcel service inc .</td><td>$ 100.00</td><td>$ 101.76</td><td>$ 98.20</td><td>$ 78.76</td><td>$ 84.87</td><td>$ 110.57</td></tr><tr><td>3</td><td>standard & poor 2019s 500 index</td><td>$ 100.00</td><td>$ 115.79</td><td>$ 122.16</td><td>$ 76.96</td><td>$ 97.33</td><td>$ 111.99</td></tr><tr><td>4</td><td>dow jones transportation average</td><td>$ 100.00</td><td>$ 109.82</td><td>$ 111.38</td><td>$ 87.52</td><td>$ 103.79</td><td>$ 131.59</td></tr></table> .
Question: what is the value of an investment in ups in 2010?
Answer: 110.57
Question: what is the change in the value from 2005 to 2010?
| 10.57 |
CONVFINQA4009 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
shareowner return performance graph the following performance graph and related information shall not be deemed 201csoliciting material 201d or to be 201cfiled 201d with the securities and exchange commission , nor shall such information be incorporated by reference into any future filing under the securities act of 1933 or securities exchange act of 1934 , each as amended , except to the extent that the company specifically incorporates such information by reference into such filing . the following graph shows a five year comparison of cumulative total shareowners 2019 returns for our class b common stock , the standard & poor 2019s 500 index , and the dow jones transportation average . the comparison of the total cumulative return on investment , which is the change in the quarterly stock price plus reinvested dividends for each of the quarterly periods , assumes that $ 100 was invested on december 31 , 2005 in the standard & poor 2019s 500 index , the dow jones transportation average , and our class b common stock . comparison of five year cumulative total return $ 40.00 $ 60.00 $ 80.00 $ 100.00 $ 120.00 $ 140.00 $ 160.00 201020092008200720062005 s&p 500 ups dj transport . <table class='wikitable'><tr><td>1</td><td>-</td><td>12/31/05</td><td>12/31/06</td><td>12/31/07</td><td>12/31/08</td><td>12/31/09</td><td>12/31/10</td></tr><tr><td>2</td><td>united parcel service inc .</td><td>$ 100.00</td><td>$ 101.76</td><td>$ 98.20</td><td>$ 78.76</td><td>$ 84.87</td><td>$ 110.57</td></tr><tr><td>3</td><td>standard & poor 2019s 500 index</td><td>$ 100.00</td><td>$ 115.79</td><td>$ 122.16</td><td>$ 76.96</td><td>$ 97.33</td><td>$ 111.99</td></tr><tr><td>4</td><td>dow jones transportation average</td><td>$ 100.00</td><td>$ 109.82</td><td>$ 111.38</td><td>$ 87.52</td><td>$ 103.79</td><td>$ 131.59</td></tr></table> .
Question: what is the value of an investment in ups in 2010?
Answer: 110.57
Question: what is the change in the value from 2005 to 2010?
Answer: 10.57
Question: what growth rate does this represent?
| 0.1057 |
CONVFINQA4010 | Read the following texts and table with financial data from an S&P 500 earnings report 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 addition , the company has reclassified the following amounts from 201cdistributions from other invested assets 201d included in cash flows from investing activities to 201cdistribution of limited partnership income 201d included in cash flows from operations for interim reporting periods of 2013 : $ 33686 thousand for the three months ended march 31 , 2013 ; $ 9409 thousand and $ 43095 thousand for the three months and six months ended june 30 , 2013 , respectively ; and $ 5638 thousand and $ 48733 thousand for the three months and nine months ended september 30 , 2013 , respectively . b . investments . fixed maturity and equity security investments available for sale , at market value , reflect unrealized appreciation and depreciation , as a result of temporary changes in market value during the period , in shareholders 2019 equity , net of income taxes in 201caccumulated other comprehensive income ( loss ) 201d in the consolidated balance sheets . fixed maturity and equity securities carried at fair value reflect fair value re- measurements as net realized capital gains and losses in the consolidated statements of operations and comprehensive income ( loss ) . the company records changes in fair value for its fixed maturities available for sale , at market value through shareholders 2019 equity , net of taxes in accumulated other comprehensive income ( loss ) since cash flows from these investments will be primarily used to settle its reserve for losses and loss adjustment expense liabilities . the company anticipates holding these investments for an extended period as the cash flow from interest and maturities will fund the projected payout of these liabilities . fixed maturities carried at fair value represent a portfolio of convertible bond securities , which have characteristics similar to equity securities and at times , designated foreign denominated fixed maturity securities , which will be used to settle loss and loss adjustment reserves in the same currency . the company carries all of its equity securities at fair value except for mutual fund investments whose underlying investments are comprised of fixed maturity securities . for equity securities , available for sale , at fair value , the company reflects changes in value as net realized capital gains and losses since these securities may be sold in the near term depending on financial market conditions . interest income on all fixed maturities and dividend income on all equity securities are included as part of net investment income in the consolidated statements of operations and comprehensive income ( loss ) . unrealized losses on fixed maturities , which are deemed other-than-temporary and related to the credit quality of a security , are charged to net income ( loss ) as net realized capital losses . short-term investments are stated at cost , which approximates market value . realized gains or losses on sales of investments are determined on the basis of identified cost . for non- publicly traded securities , market prices are determined through the use of pricing models that evaluate securities relative to the u.s . treasury yield curve , taking into account the issue type , credit quality , and cash flow characteristics of each security . for publicly traded securities , market value is based on quoted market prices or valuation models that use observable market inputs . when a sector of the financial markets is inactive or illiquid , the company may use its own assumptions about future cash flows and risk-adjusted discount rates to determine fair value . retrospective adjustments are employed to recalculate the values of asset-backed securities . each acquisition lot is reviewed to recalculate the effective yield . the recalculated effective yield is used to derive a book value as if the new yield were applied at the time of acquisition . outstanding principal factors from the time of acquisition to the adjustment date are used to calculate the prepayment history for all applicable securities . conditional prepayment rates , computed with life to date factor histories and weighted average maturities , are used to effect the calculation of projected and prepayments for pass-through security types . other invested assets include limited partnerships , rabbi trusts and an affiliated entity . limited partnerships and the affiliated entity are accounted for under the equity method of accounting , which can be recorded on a monthly or quarterly lag . c . uncollectible receivable balances . the company provides reserves for uncollectible reinsurance recoverable and premium receivable balances based on management 2019s assessment of the collectability of the outstanding balances . such reserves are presented in the table below for the periods indicated. . <table class='wikitable'><tr><td>1</td><td>( dollars in thousands )</td><td>years ended december 31 , 2013</td><td>years ended december 31 , 2012</td></tr><tr><td>2</td><td>reinsurance receivables and premium receivables</td><td>$ 29905</td><td>$ 32011</td></tr></table> .
Question: what is the balance of reinsurance receivables and premium receivables in 2013?
| 29905.0 |
CONVFINQA4011 | Read the following texts and table with financial data from an S&P 500 earnings report 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 addition , the company has reclassified the following amounts from 201cdistributions from other invested assets 201d included in cash flows from investing activities to 201cdistribution of limited partnership income 201d included in cash flows from operations for interim reporting periods of 2013 : $ 33686 thousand for the three months ended march 31 , 2013 ; $ 9409 thousand and $ 43095 thousand for the three months and six months ended june 30 , 2013 , respectively ; and $ 5638 thousand and $ 48733 thousand for the three months and nine months ended september 30 , 2013 , respectively . b . investments . fixed maturity and equity security investments available for sale , at market value , reflect unrealized appreciation and depreciation , as a result of temporary changes in market value during the period , in shareholders 2019 equity , net of income taxes in 201caccumulated other comprehensive income ( loss ) 201d in the consolidated balance sheets . fixed maturity and equity securities carried at fair value reflect fair value re- measurements as net realized capital gains and losses in the consolidated statements of operations and comprehensive income ( loss ) . the company records changes in fair value for its fixed maturities available for sale , at market value through shareholders 2019 equity , net of taxes in accumulated other comprehensive income ( loss ) since cash flows from these investments will be primarily used to settle its reserve for losses and loss adjustment expense liabilities . the company anticipates holding these investments for an extended period as the cash flow from interest and maturities will fund the projected payout of these liabilities . fixed maturities carried at fair value represent a portfolio of convertible bond securities , which have characteristics similar to equity securities and at times , designated foreign denominated fixed maturity securities , which will be used to settle loss and loss adjustment reserves in the same currency . the company carries all of its equity securities at fair value except for mutual fund investments whose underlying investments are comprised of fixed maturity securities . for equity securities , available for sale , at fair value , the company reflects changes in value as net realized capital gains and losses since these securities may be sold in the near term depending on financial market conditions . interest income on all fixed maturities and dividend income on all equity securities are included as part of net investment income in the consolidated statements of operations and comprehensive income ( loss ) . unrealized losses on fixed maturities , which are deemed other-than-temporary and related to the credit quality of a security , are charged to net income ( loss ) as net realized capital losses . short-term investments are stated at cost , which approximates market value . realized gains or losses on sales of investments are determined on the basis of identified cost . for non- publicly traded securities , market prices are determined through the use of pricing models that evaluate securities relative to the u.s . treasury yield curve , taking into account the issue type , credit quality , and cash flow characteristics of each security . for publicly traded securities , market value is based on quoted market prices or valuation models that use observable market inputs . when a sector of the financial markets is inactive or illiquid , the company may use its own assumptions about future cash flows and risk-adjusted discount rates to determine fair value . retrospective adjustments are employed to recalculate the values of asset-backed securities . each acquisition lot is reviewed to recalculate the effective yield . the recalculated effective yield is used to derive a book value as if the new yield were applied at the time of acquisition . outstanding principal factors from the time of acquisition to the adjustment date are used to calculate the prepayment history for all applicable securities . conditional prepayment rates , computed with life to date factor histories and weighted average maturities , are used to effect the calculation of projected and prepayments for pass-through security types . other invested assets include limited partnerships , rabbi trusts and an affiliated entity . limited partnerships and the affiliated entity are accounted for under the equity method of accounting , which can be recorded on a monthly or quarterly lag . c . uncollectible receivable balances . the company provides reserves for uncollectible reinsurance recoverable and premium receivable balances based on management 2019s assessment of the collectability of the outstanding balances . such reserves are presented in the table below for the periods indicated. . <table class='wikitable'><tr><td>1</td><td>( dollars in thousands )</td><td>years ended december 31 , 2013</td><td>years ended december 31 , 2012</td></tr><tr><td>2</td><td>reinsurance receivables and premium receivables</td><td>$ 29905</td><td>$ 32011</td></tr></table> .
Question: what is the balance of reinsurance receivables and premium receivables in 2013?
Answer: 29905.0
Question: what about in 2012?
| 32011.0 |
CONVFINQA4012 | Read the following texts and table with financial data from an S&P 500 earnings report 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 addition , the company has reclassified the following amounts from 201cdistributions from other invested assets 201d included in cash flows from investing activities to 201cdistribution of limited partnership income 201d included in cash flows from operations for interim reporting periods of 2013 : $ 33686 thousand for the three months ended march 31 , 2013 ; $ 9409 thousand and $ 43095 thousand for the three months and six months ended june 30 , 2013 , respectively ; and $ 5638 thousand and $ 48733 thousand for the three months and nine months ended september 30 , 2013 , respectively . b . investments . fixed maturity and equity security investments available for sale , at market value , reflect unrealized appreciation and depreciation , as a result of temporary changes in market value during the period , in shareholders 2019 equity , net of income taxes in 201caccumulated other comprehensive income ( loss ) 201d in the consolidated balance sheets . fixed maturity and equity securities carried at fair value reflect fair value re- measurements as net realized capital gains and losses in the consolidated statements of operations and comprehensive income ( loss ) . the company records changes in fair value for its fixed maturities available for sale , at market value through shareholders 2019 equity , net of taxes in accumulated other comprehensive income ( loss ) since cash flows from these investments will be primarily used to settle its reserve for losses and loss adjustment expense liabilities . the company anticipates holding these investments for an extended period as the cash flow from interest and maturities will fund the projected payout of these liabilities . fixed maturities carried at fair value represent a portfolio of convertible bond securities , which have characteristics similar to equity securities and at times , designated foreign denominated fixed maturity securities , which will be used to settle loss and loss adjustment reserves in the same currency . the company carries all of its equity securities at fair value except for mutual fund investments whose underlying investments are comprised of fixed maturity securities . for equity securities , available for sale , at fair value , the company reflects changes in value as net realized capital gains and losses since these securities may be sold in the near term depending on financial market conditions . interest income on all fixed maturities and dividend income on all equity securities are included as part of net investment income in the consolidated statements of operations and comprehensive income ( loss ) . unrealized losses on fixed maturities , which are deemed other-than-temporary and related to the credit quality of a security , are charged to net income ( loss ) as net realized capital losses . short-term investments are stated at cost , which approximates market value . realized gains or losses on sales of investments are determined on the basis of identified cost . for non- publicly traded securities , market prices are determined through the use of pricing models that evaluate securities relative to the u.s . treasury yield curve , taking into account the issue type , credit quality , and cash flow characteristics of each security . for publicly traded securities , market value is based on quoted market prices or valuation models that use observable market inputs . when a sector of the financial markets is inactive or illiquid , the company may use its own assumptions about future cash flows and risk-adjusted discount rates to determine fair value . retrospective adjustments are employed to recalculate the values of asset-backed securities . each acquisition lot is reviewed to recalculate the effective yield . the recalculated effective yield is used to derive a book value as if the new yield were applied at the time of acquisition . outstanding principal factors from the time of acquisition to the adjustment date are used to calculate the prepayment history for all applicable securities . conditional prepayment rates , computed with life to date factor histories and weighted average maturities , are used to effect the calculation of projected and prepayments for pass-through security types . other invested assets include limited partnerships , rabbi trusts and an affiliated entity . limited partnerships and the affiliated entity are accounted for under the equity method of accounting , which can be recorded on a monthly or quarterly lag . c . uncollectible receivable balances . the company provides reserves for uncollectible reinsurance recoverable and premium receivable balances based on management 2019s assessment of the collectability of the outstanding balances . such reserves are presented in the table below for the periods indicated. . <table class='wikitable'><tr><td>1</td><td>( dollars in thousands )</td><td>years ended december 31 , 2013</td><td>years ended december 31 , 2012</td></tr><tr><td>2</td><td>reinsurance receivables and premium receivables</td><td>$ 29905</td><td>$ 32011</td></tr></table> .
Question: what is the balance of reinsurance receivables and premium receivables in 2013?
Answer: 29905.0
Question: what about in 2012?
Answer: 32011.0
Question: what is the net change in the balance?
| -2106.0 |
CONVFINQA4013 | Read the following texts and table with financial data from an S&P 500 earnings report 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 addition , the company has reclassified the following amounts from 201cdistributions from other invested assets 201d included in cash flows from investing activities to 201cdistribution of limited partnership income 201d included in cash flows from operations for interim reporting periods of 2013 : $ 33686 thousand for the three months ended march 31 , 2013 ; $ 9409 thousand and $ 43095 thousand for the three months and six months ended june 30 , 2013 , respectively ; and $ 5638 thousand and $ 48733 thousand for the three months and nine months ended september 30 , 2013 , respectively . b . investments . fixed maturity and equity security investments available for sale , at market value , reflect unrealized appreciation and depreciation , as a result of temporary changes in market value during the period , in shareholders 2019 equity , net of income taxes in 201caccumulated other comprehensive income ( loss ) 201d in the consolidated balance sheets . fixed maturity and equity securities carried at fair value reflect fair value re- measurements as net realized capital gains and losses in the consolidated statements of operations and comprehensive income ( loss ) . the company records changes in fair value for its fixed maturities available for sale , at market value through shareholders 2019 equity , net of taxes in accumulated other comprehensive income ( loss ) since cash flows from these investments will be primarily used to settle its reserve for losses and loss adjustment expense liabilities . the company anticipates holding these investments for an extended period as the cash flow from interest and maturities will fund the projected payout of these liabilities . fixed maturities carried at fair value represent a portfolio of convertible bond securities , which have characteristics similar to equity securities and at times , designated foreign denominated fixed maturity securities , which will be used to settle loss and loss adjustment reserves in the same currency . the company carries all of its equity securities at fair value except for mutual fund investments whose underlying investments are comprised of fixed maturity securities . for equity securities , available for sale , at fair value , the company reflects changes in value as net realized capital gains and losses since these securities may be sold in the near term depending on financial market conditions . interest income on all fixed maturities and dividend income on all equity securities are included as part of net investment income in the consolidated statements of operations and comprehensive income ( loss ) . unrealized losses on fixed maturities , which are deemed other-than-temporary and related to the credit quality of a security , are charged to net income ( loss ) as net realized capital losses . short-term investments are stated at cost , which approximates market value . realized gains or losses on sales of investments are determined on the basis of identified cost . for non- publicly traded securities , market prices are determined through the use of pricing models that evaluate securities relative to the u.s . treasury yield curve , taking into account the issue type , credit quality , and cash flow characteristics of each security . for publicly traded securities , market value is based on quoted market prices or valuation models that use observable market inputs . when a sector of the financial markets is inactive or illiquid , the company may use its own assumptions about future cash flows and risk-adjusted discount rates to determine fair value . retrospective adjustments are employed to recalculate the values of asset-backed securities . each acquisition lot is reviewed to recalculate the effective yield . the recalculated effective yield is used to derive a book value as if the new yield were applied at the time of acquisition . outstanding principal factors from the time of acquisition to the adjustment date are used to calculate the prepayment history for all applicable securities . conditional prepayment rates , computed with life to date factor histories and weighted average maturities , are used to effect the calculation of projected and prepayments for pass-through security types . other invested assets include limited partnerships , rabbi trusts and an affiliated entity . limited partnerships and the affiliated entity are accounted for under the equity method of accounting , which can be recorded on a monthly or quarterly lag . c . uncollectible receivable balances . the company provides reserves for uncollectible reinsurance recoverable and premium receivable balances based on management 2019s assessment of the collectability of the outstanding balances . such reserves are presented in the table below for the periods indicated. . <table class='wikitable'><tr><td>1</td><td>( dollars in thousands )</td><td>years ended december 31 , 2013</td><td>years ended december 31 , 2012</td></tr><tr><td>2</td><td>reinsurance receivables and premium receivables</td><td>$ 29905</td><td>$ 32011</td></tr></table> .
Question: what is the balance of reinsurance receivables and premium receivables in 2013?
Answer: 29905.0
Question: what about in 2012?
Answer: 32011.0
Question: what is the net change in the balance?
Answer: -2106.0
Question: what percentage change does this represent?
| -0.06579 |
CONVFINQA4014 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
a black-scholes option-pricing model was used for purposes of estimating the fair value of state street 2019s employee stock options at the grant date . the following were the weighted average assumptions for the years ended december 31 , 2001 , 2000 and 1999 , respectively : risk-free interest rates of 3.99% ( 3.99 % ) , 5.75% ( 5.75 % ) and 5.90% ( 5.90 % ) ; dividend yields of 1.08% ( 1.08 % ) , .73% ( .73 % ) and .92% ( .92 % ) ; and volatility factors of the expected market price of state street common stock of .30 , .30 and .30 . the estimated weighted average life of the stock options granted was 4.1 years for the years ended december 31 , 2001 , 2000 and 1999 . o t h e r u n r e a l i z e d c o m p r e h e n s i v e i n c o m e ( l o s s ) at december 31 , the components of other unrealized comprehensive income ( loss ) , net of related taxes , were as follows: . <table class='wikitable'><tr><td>1</td><td>( dollars in millions )</td><td>2001</td><td>2000</td></tr><tr><td>2</td><td>unrealized gain on available-for-sale securities</td><td>$ 96</td><td>$ 19</td></tr><tr><td>3</td><td>foreign currency translation</td><td>-27 ( 27 )</td><td>-20 ( 20 )</td></tr><tr><td>4</td><td>other</td><td>1</td><td>-</td></tr><tr><td>5</td><td>total</td><td>$ 70</td><td>$ -1 ( 1 )</td></tr></table> note j shareholders 2019 rights plan in 1988 , state street declared a dividend of one preferred share purchase right for each outstanding share of common stock . in 1998 , the rights agreement was amended and restated , and in 2001 , the rights plan was impacted by the 2-for-1 stock split . accordingly , a right may be exercised , under certain conditions , to purchase one eight-hundredths share of a series of participating preferred stock at an exercise price of $ 132.50 , subject to adjustment . the rights become exercisable if a party acquires or obtains the right to acquire 10% ( 10 % ) or more of state street 2019s common stock or after commencement or public announcement of an offer for 10% ( 10 % ) or more of state street 2019s common stock . when exercisable , under certain conditions , each right entitles the holder thereof to purchase shares of common stock , of either state street or of the acquirer , having a market value of two times the then-current exercise price of that right . the rights expire in september 2008 , and may be redeemed at a price of $ .00125 per right , subject to adjustment , at any time prior to expiration or the acquisition of 10% ( 10 % ) of state street 2019s common stock . under certain circumstances , the rights may be redeemed after they become exercisable and may be subject to automatic redemption . note k regulatory matters r e g u l a t o r y c a p i t a l state street is subject to various regulatory capital requirements administered by federal banking agencies . failure to meet minimum capital requirements can initiate certain mandatory and discretionary actions by regulators that , if undertaken , could have a direct material effect on state street 2019s financial condition . under capital adequacy guidelines , state street must meet specific capital guidelines that involve quantitative measures of state street 2019s assets , liabilities and off-balance sheet items as calculated under regulatory accounting practices . state street 2019s capital amounts and classification are subject to qualitative judgments by the regulators about components , risk weightings and other factors . 42 state street corporation .
Question: what was the total of gains, counting the unrealized and the other ones?
| 97.0 |
CONVFINQA4015 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
a black-scholes option-pricing model was used for purposes of estimating the fair value of state street 2019s employee stock options at the grant date . the following were the weighted average assumptions for the years ended december 31 , 2001 , 2000 and 1999 , respectively : risk-free interest rates of 3.99% ( 3.99 % ) , 5.75% ( 5.75 % ) and 5.90% ( 5.90 % ) ; dividend yields of 1.08% ( 1.08 % ) , .73% ( .73 % ) and .92% ( .92 % ) ; and volatility factors of the expected market price of state street common stock of .30 , .30 and .30 . the estimated weighted average life of the stock options granted was 4.1 years for the years ended december 31 , 2001 , 2000 and 1999 . o t h e r u n r e a l i z e d c o m p r e h e n s i v e i n c o m e ( l o s s ) at december 31 , the components of other unrealized comprehensive income ( loss ) , net of related taxes , were as follows: . <table class='wikitable'><tr><td>1</td><td>( dollars in millions )</td><td>2001</td><td>2000</td></tr><tr><td>2</td><td>unrealized gain on available-for-sale securities</td><td>$ 96</td><td>$ 19</td></tr><tr><td>3</td><td>foreign currency translation</td><td>-27 ( 27 )</td><td>-20 ( 20 )</td></tr><tr><td>4</td><td>other</td><td>1</td><td>-</td></tr><tr><td>5</td><td>total</td><td>$ 70</td><td>$ -1 ( 1 )</td></tr></table> note j shareholders 2019 rights plan in 1988 , state street declared a dividend of one preferred share purchase right for each outstanding share of common stock . in 1998 , the rights agreement was amended and restated , and in 2001 , the rights plan was impacted by the 2-for-1 stock split . accordingly , a right may be exercised , under certain conditions , to purchase one eight-hundredths share of a series of participating preferred stock at an exercise price of $ 132.50 , subject to adjustment . the rights become exercisable if a party acquires or obtains the right to acquire 10% ( 10 % ) or more of state street 2019s common stock or after commencement or public announcement of an offer for 10% ( 10 % ) or more of state street 2019s common stock . when exercisable , under certain conditions , each right entitles the holder thereof to purchase shares of common stock , of either state street or of the acquirer , having a market value of two times the then-current exercise price of that right . the rights expire in september 2008 , and may be redeemed at a price of $ .00125 per right , subject to adjustment , at any time prior to expiration or the acquisition of 10% ( 10 % ) of state street 2019s common stock . under certain circumstances , the rights may be redeemed after they become exercisable and may be subject to automatic redemption . note k regulatory matters r e g u l a t o r y c a p i t a l state street is subject to various regulatory capital requirements administered by federal banking agencies . failure to meet minimum capital requirements can initiate certain mandatory and discretionary actions by regulators that , if undertaken , could have a direct material effect on state street 2019s financial condition . under capital adequacy guidelines , state street must meet specific capital guidelines that involve quantitative measures of state street 2019s assets , liabilities and off-balance sheet items as calculated under regulatory accounting practices . state street 2019s capital amounts and classification are subject to qualitative judgments by the regulators about components , risk weightings and other factors . 42 state street corporation .
Question: what was the total of gains, counting the unrealized and the other ones?
Answer: 97.0
Question: and how much does the foreign currency translation represent in relation to this total, in percentage?
| 0.27835 |
CONVFINQA4016 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
2010 . on november 1 , 2010 , we redeemed all $ 400 million of our outstanding 6.65% ( 6.65 % ) notes due january 15 , 2011 . the redemption resulted in a $ 5 million early extinguishment charge . receivables securitization facility 2013 at december 31 , 2010 , we have recorded $ 100 million as secured debt under our receivables securitization facility . ( see further discussion of our receivables securitization facility in note 10. ) 15 . variable interest entities we have entered into various lease transactions in which the structure of the leases contain variable interest entities ( vies ) . these vies were created solely for the purpose of doing lease transactions ( principally involving railroad equipment and facilities ) and have no other activities , assets or liabilities outside of the lease transactions . within these lease arrangements , we have the right to purchase some or all of the assets at fixed prices . depending on market conditions , fixed-price purchase options available in the leases could potentially provide benefits to us ; however , these benefits are not expected to be significant . we maintain and operate the assets based on contractual obligations within the lease arrangements , which set specific guidelines consistent within the railroad industry . as such , we have no control over activities that could materially impact the fair value of the leased assets . we do not hold the power to direct the activities of the vies and , therefore , do not control the ongoing activities that have a significant impact on the economic performance of the vies . additionally , we do not have the obligation to absorb losses of the vies or the right to receive benefits of the vies that could potentially be significant to the we are not considered to be the primary beneficiary and do not consolidate these vies because our actions and decisions do not have the most significant effect on the vie 2019s performance and our fixed-price purchase price options are not considered to be potentially significant to the vie 2019s . the future minimum lease payments associated with the vie leases totaled $ 4.2 billion as of december 31 , 2010 . 16 . leases we lease certain locomotives , freight cars , and other property . the consolidated statement of financial position as of december 31 , 2010 and 2009 included $ 2520 million , net of $ 901 million of accumulated depreciation , and $ 2754 million , net of $ 927 million of accumulated depreciation , respectively , for properties held under capital leases . a charge to income resulting from the depreciation for assets held under capital leases is included within depreciation expense in our consolidated statements of income . future minimum lease payments for operating and capital leases with initial or remaining non-cancelable lease terms in excess of one year as of december 31 , 2010 , were as follows : millions operating leases capital leases . <table class='wikitable'><tr><td>1</td><td>millions</td><td>operatingleases</td><td>capitalleases</td></tr><tr><td>2</td><td>2011</td><td>$ 613</td><td>$ 311</td></tr><tr><td>3</td><td>2012</td><td>526</td><td>251</td></tr><tr><td>4</td><td>2013</td><td>461</td><td>253</td></tr><tr><td>5</td><td>2014</td><td>382</td><td>261</td></tr><tr><td>6</td><td>2015</td><td>340</td><td>262</td></tr><tr><td>7</td><td>later years</td><td>2599</td><td>1355</td></tr><tr><td>8</td><td>total minimum lease payments</td><td>$ 4921</td><td>$ 2693</td></tr><tr><td>9</td><td>amount representing interest</td><td>n/a</td><td>-784 ( 784 )</td></tr><tr><td>10</td><td>present value of minimum lease payments</td><td>n/a</td><td>$ 1909</td></tr></table> the majority of capital lease payments relate to locomotives . rent expense for operating leases with terms exceeding one month was $ 624 million in 2010 , $ 686 million in 2009 , and $ 747 million in 2008 . when cash rental payments are not made on a straight-line basis , we recognize variable rental expense on a straight-line basis over the lease term . contingent rentals and sub-rentals are not significant. .
Question: what was the rent expense for operating leases with terms exceeding one month in 2010?
| 624.0 |
CONVFINQA4017 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
2010 . on november 1 , 2010 , we redeemed all $ 400 million of our outstanding 6.65% ( 6.65 % ) notes due january 15 , 2011 . the redemption resulted in a $ 5 million early extinguishment charge . receivables securitization facility 2013 at december 31 , 2010 , we have recorded $ 100 million as secured debt under our receivables securitization facility . ( see further discussion of our receivables securitization facility in note 10. ) 15 . variable interest entities we have entered into various lease transactions in which the structure of the leases contain variable interest entities ( vies ) . these vies were created solely for the purpose of doing lease transactions ( principally involving railroad equipment and facilities ) and have no other activities , assets or liabilities outside of the lease transactions . within these lease arrangements , we have the right to purchase some or all of the assets at fixed prices . depending on market conditions , fixed-price purchase options available in the leases could potentially provide benefits to us ; however , these benefits are not expected to be significant . we maintain and operate the assets based on contractual obligations within the lease arrangements , which set specific guidelines consistent within the railroad industry . as such , we have no control over activities that could materially impact the fair value of the leased assets . we do not hold the power to direct the activities of the vies and , therefore , do not control the ongoing activities that have a significant impact on the economic performance of the vies . additionally , we do not have the obligation to absorb losses of the vies or the right to receive benefits of the vies that could potentially be significant to the we are not considered to be the primary beneficiary and do not consolidate these vies because our actions and decisions do not have the most significant effect on the vie 2019s performance and our fixed-price purchase price options are not considered to be potentially significant to the vie 2019s . the future minimum lease payments associated with the vie leases totaled $ 4.2 billion as of december 31 , 2010 . 16 . leases we lease certain locomotives , freight cars , and other property . the consolidated statement of financial position as of december 31 , 2010 and 2009 included $ 2520 million , net of $ 901 million of accumulated depreciation , and $ 2754 million , net of $ 927 million of accumulated depreciation , respectively , for properties held under capital leases . a charge to income resulting from the depreciation for assets held under capital leases is included within depreciation expense in our consolidated statements of income . future minimum lease payments for operating and capital leases with initial or remaining non-cancelable lease terms in excess of one year as of december 31 , 2010 , were as follows : millions operating leases capital leases . <table class='wikitable'><tr><td>1</td><td>millions</td><td>operatingleases</td><td>capitalleases</td></tr><tr><td>2</td><td>2011</td><td>$ 613</td><td>$ 311</td></tr><tr><td>3</td><td>2012</td><td>526</td><td>251</td></tr><tr><td>4</td><td>2013</td><td>461</td><td>253</td></tr><tr><td>5</td><td>2014</td><td>382</td><td>261</td></tr><tr><td>6</td><td>2015</td><td>340</td><td>262</td></tr><tr><td>7</td><td>later years</td><td>2599</td><td>1355</td></tr><tr><td>8</td><td>total minimum lease payments</td><td>$ 4921</td><td>$ 2693</td></tr><tr><td>9</td><td>amount representing interest</td><td>n/a</td><td>-784 ( 784 )</td></tr><tr><td>10</td><td>present value of minimum lease payments</td><td>n/a</td><td>$ 1909</td></tr></table> the majority of capital lease payments relate to locomotives . rent expense for operating leases with terms exceeding one month was $ 624 million in 2010 , $ 686 million in 2009 , and $ 747 million in 2008 . when cash rental payments are not made on a straight-line basis , we recognize variable rental expense on a straight-line basis over the lease term . contingent rentals and sub-rentals are not significant. .
Question: what was the rent expense for operating leases with terms exceeding one month in 2010?
Answer: 624.0
Question: what was the value in 2009?
| 686.0 |
CONVFINQA4018 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
2010 . on november 1 , 2010 , we redeemed all $ 400 million of our outstanding 6.65% ( 6.65 % ) notes due january 15 , 2011 . the redemption resulted in a $ 5 million early extinguishment charge . receivables securitization facility 2013 at december 31 , 2010 , we have recorded $ 100 million as secured debt under our receivables securitization facility . ( see further discussion of our receivables securitization facility in note 10. ) 15 . variable interest entities we have entered into various lease transactions in which the structure of the leases contain variable interest entities ( vies ) . these vies were created solely for the purpose of doing lease transactions ( principally involving railroad equipment and facilities ) and have no other activities , assets or liabilities outside of the lease transactions . within these lease arrangements , we have the right to purchase some or all of the assets at fixed prices . depending on market conditions , fixed-price purchase options available in the leases could potentially provide benefits to us ; however , these benefits are not expected to be significant . we maintain and operate the assets based on contractual obligations within the lease arrangements , which set specific guidelines consistent within the railroad industry . as such , we have no control over activities that could materially impact the fair value of the leased assets . we do not hold the power to direct the activities of the vies and , therefore , do not control the ongoing activities that have a significant impact on the economic performance of the vies . additionally , we do not have the obligation to absorb losses of the vies or the right to receive benefits of the vies that could potentially be significant to the we are not considered to be the primary beneficiary and do not consolidate these vies because our actions and decisions do not have the most significant effect on the vie 2019s performance and our fixed-price purchase price options are not considered to be potentially significant to the vie 2019s . the future minimum lease payments associated with the vie leases totaled $ 4.2 billion as of december 31 , 2010 . 16 . leases we lease certain locomotives , freight cars , and other property . the consolidated statement of financial position as of december 31 , 2010 and 2009 included $ 2520 million , net of $ 901 million of accumulated depreciation , and $ 2754 million , net of $ 927 million of accumulated depreciation , respectively , for properties held under capital leases . a charge to income resulting from the depreciation for assets held under capital leases is included within depreciation expense in our consolidated statements of income . future minimum lease payments for operating and capital leases with initial or remaining non-cancelable lease terms in excess of one year as of december 31 , 2010 , were as follows : millions operating leases capital leases . <table class='wikitable'><tr><td>1</td><td>millions</td><td>operatingleases</td><td>capitalleases</td></tr><tr><td>2</td><td>2011</td><td>$ 613</td><td>$ 311</td></tr><tr><td>3</td><td>2012</td><td>526</td><td>251</td></tr><tr><td>4</td><td>2013</td><td>461</td><td>253</td></tr><tr><td>5</td><td>2014</td><td>382</td><td>261</td></tr><tr><td>6</td><td>2015</td><td>340</td><td>262</td></tr><tr><td>7</td><td>later years</td><td>2599</td><td>1355</td></tr><tr><td>8</td><td>total minimum lease payments</td><td>$ 4921</td><td>$ 2693</td></tr><tr><td>9</td><td>amount representing interest</td><td>n/a</td><td>-784 ( 784 )</td></tr><tr><td>10</td><td>present value of minimum lease payments</td><td>n/a</td><td>$ 1909</td></tr></table> the majority of capital lease payments relate to locomotives . rent expense for operating leases with terms exceeding one month was $ 624 million in 2010 , $ 686 million in 2009 , and $ 747 million in 2008 . when cash rental payments are not made on a straight-line basis , we recognize variable rental expense on a straight-line basis over the lease term . contingent rentals and sub-rentals are not significant. .
Question: what was the rent expense for operating leases with terms exceeding one month in 2010?
Answer: 624.0
Question: what was the value in 2009?
Answer: 686.0
Question: what is the sum?
| 1310.0 |
CONVFINQA4019 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
2010 . on november 1 , 2010 , we redeemed all $ 400 million of our outstanding 6.65% ( 6.65 % ) notes due january 15 , 2011 . the redemption resulted in a $ 5 million early extinguishment charge . receivables securitization facility 2013 at december 31 , 2010 , we have recorded $ 100 million as secured debt under our receivables securitization facility . ( see further discussion of our receivables securitization facility in note 10. ) 15 . variable interest entities we have entered into various lease transactions in which the structure of the leases contain variable interest entities ( vies ) . these vies were created solely for the purpose of doing lease transactions ( principally involving railroad equipment and facilities ) and have no other activities , assets or liabilities outside of the lease transactions . within these lease arrangements , we have the right to purchase some or all of the assets at fixed prices . depending on market conditions , fixed-price purchase options available in the leases could potentially provide benefits to us ; however , these benefits are not expected to be significant . we maintain and operate the assets based on contractual obligations within the lease arrangements , which set specific guidelines consistent within the railroad industry . as such , we have no control over activities that could materially impact the fair value of the leased assets . we do not hold the power to direct the activities of the vies and , therefore , do not control the ongoing activities that have a significant impact on the economic performance of the vies . additionally , we do not have the obligation to absorb losses of the vies or the right to receive benefits of the vies that could potentially be significant to the we are not considered to be the primary beneficiary and do not consolidate these vies because our actions and decisions do not have the most significant effect on the vie 2019s performance and our fixed-price purchase price options are not considered to be potentially significant to the vie 2019s . the future minimum lease payments associated with the vie leases totaled $ 4.2 billion as of december 31 , 2010 . 16 . leases we lease certain locomotives , freight cars , and other property . the consolidated statement of financial position as of december 31 , 2010 and 2009 included $ 2520 million , net of $ 901 million of accumulated depreciation , and $ 2754 million , net of $ 927 million of accumulated depreciation , respectively , for properties held under capital leases . a charge to income resulting from the depreciation for assets held under capital leases is included within depreciation expense in our consolidated statements of income . future minimum lease payments for operating and capital leases with initial or remaining non-cancelable lease terms in excess of one year as of december 31 , 2010 , were as follows : millions operating leases capital leases . <table class='wikitable'><tr><td>1</td><td>millions</td><td>operatingleases</td><td>capitalleases</td></tr><tr><td>2</td><td>2011</td><td>$ 613</td><td>$ 311</td></tr><tr><td>3</td><td>2012</td><td>526</td><td>251</td></tr><tr><td>4</td><td>2013</td><td>461</td><td>253</td></tr><tr><td>5</td><td>2014</td><td>382</td><td>261</td></tr><tr><td>6</td><td>2015</td><td>340</td><td>262</td></tr><tr><td>7</td><td>later years</td><td>2599</td><td>1355</td></tr><tr><td>8</td><td>total minimum lease payments</td><td>$ 4921</td><td>$ 2693</td></tr><tr><td>9</td><td>amount representing interest</td><td>n/a</td><td>-784 ( 784 )</td></tr><tr><td>10</td><td>present value of minimum lease payments</td><td>n/a</td><td>$ 1909</td></tr></table> the majority of capital lease payments relate to locomotives . rent expense for operating leases with terms exceeding one month was $ 624 million in 2010 , $ 686 million in 2009 , and $ 747 million in 2008 . when cash rental payments are not made on a straight-line basis , we recognize variable rental expense on a straight-line basis over the lease term . contingent rentals and sub-rentals are not significant. .
Question: what was the rent expense for operating leases with terms exceeding one month in 2010?
Answer: 624.0
Question: what was the value in 2009?
Answer: 686.0
Question: what is the sum?
Answer: 1310.0
Question: what was the value in 2008?
| 747.0 |
CONVFINQA4020 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
2010 . on november 1 , 2010 , we redeemed all $ 400 million of our outstanding 6.65% ( 6.65 % ) notes due january 15 , 2011 . the redemption resulted in a $ 5 million early extinguishment charge . receivables securitization facility 2013 at december 31 , 2010 , we have recorded $ 100 million as secured debt under our receivables securitization facility . ( see further discussion of our receivables securitization facility in note 10. ) 15 . variable interest entities we have entered into various lease transactions in which the structure of the leases contain variable interest entities ( vies ) . these vies were created solely for the purpose of doing lease transactions ( principally involving railroad equipment and facilities ) and have no other activities , assets or liabilities outside of the lease transactions . within these lease arrangements , we have the right to purchase some or all of the assets at fixed prices . depending on market conditions , fixed-price purchase options available in the leases could potentially provide benefits to us ; however , these benefits are not expected to be significant . we maintain and operate the assets based on contractual obligations within the lease arrangements , which set specific guidelines consistent within the railroad industry . as such , we have no control over activities that could materially impact the fair value of the leased assets . we do not hold the power to direct the activities of the vies and , therefore , do not control the ongoing activities that have a significant impact on the economic performance of the vies . additionally , we do not have the obligation to absorb losses of the vies or the right to receive benefits of the vies that could potentially be significant to the we are not considered to be the primary beneficiary and do not consolidate these vies because our actions and decisions do not have the most significant effect on the vie 2019s performance and our fixed-price purchase price options are not considered to be potentially significant to the vie 2019s . the future minimum lease payments associated with the vie leases totaled $ 4.2 billion as of december 31 , 2010 . 16 . leases we lease certain locomotives , freight cars , and other property . the consolidated statement of financial position as of december 31 , 2010 and 2009 included $ 2520 million , net of $ 901 million of accumulated depreciation , and $ 2754 million , net of $ 927 million of accumulated depreciation , respectively , for properties held under capital leases . a charge to income resulting from the depreciation for assets held under capital leases is included within depreciation expense in our consolidated statements of income . future minimum lease payments for operating and capital leases with initial or remaining non-cancelable lease terms in excess of one year as of december 31 , 2010 , were as follows : millions operating leases capital leases . <table class='wikitable'><tr><td>1</td><td>millions</td><td>operatingleases</td><td>capitalleases</td></tr><tr><td>2</td><td>2011</td><td>$ 613</td><td>$ 311</td></tr><tr><td>3</td><td>2012</td><td>526</td><td>251</td></tr><tr><td>4</td><td>2013</td><td>461</td><td>253</td></tr><tr><td>5</td><td>2014</td><td>382</td><td>261</td></tr><tr><td>6</td><td>2015</td><td>340</td><td>262</td></tr><tr><td>7</td><td>later years</td><td>2599</td><td>1355</td></tr><tr><td>8</td><td>total minimum lease payments</td><td>$ 4921</td><td>$ 2693</td></tr><tr><td>9</td><td>amount representing interest</td><td>n/a</td><td>-784 ( 784 )</td></tr><tr><td>10</td><td>present value of minimum lease payments</td><td>n/a</td><td>$ 1909</td></tr></table> the majority of capital lease payments relate to locomotives . rent expense for operating leases with terms exceeding one month was $ 624 million in 2010 , $ 686 million in 2009 , and $ 747 million in 2008 . when cash rental payments are not made on a straight-line basis , we recognize variable rental expense on a straight-line basis over the lease term . contingent rentals and sub-rentals are not significant. .
Question: what was the rent expense for operating leases with terms exceeding one month in 2010?
Answer: 624.0
Question: what was the value in 2009?
Answer: 686.0
Question: what is the sum?
Answer: 1310.0
Question: what was the value in 2008?
Answer: 747.0
Question: what is the total sum?
| 2057.0 |
CONVFINQA4021 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
2010 . on november 1 , 2010 , we redeemed all $ 400 million of our outstanding 6.65% ( 6.65 % ) notes due january 15 , 2011 . the redemption resulted in a $ 5 million early extinguishment charge . receivables securitization facility 2013 at december 31 , 2010 , we have recorded $ 100 million as secured debt under our receivables securitization facility . ( see further discussion of our receivables securitization facility in note 10. ) 15 . variable interest entities we have entered into various lease transactions in which the structure of the leases contain variable interest entities ( vies ) . these vies were created solely for the purpose of doing lease transactions ( principally involving railroad equipment and facilities ) and have no other activities , assets or liabilities outside of the lease transactions . within these lease arrangements , we have the right to purchase some or all of the assets at fixed prices . depending on market conditions , fixed-price purchase options available in the leases could potentially provide benefits to us ; however , these benefits are not expected to be significant . we maintain and operate the assets based on contractual obligations within the lease arrangements , which set specific guidelines consistent within the railroad industry . as such , we have no control over activities that could materially impact the fair value of the leased assets . we do not hold the power to direct the activities of the vies and , therefore , do not control the ongoing activities that have a significant impact on the economic performance of the vies . additionally , we do not have the obligation to absorb losses of the vies or the right to receive benefits of the vies that could potentially be significant to the we are not considered to be the primary beneficiary and do not consolidate these vies because our actions and decisions do not have the most significant effect on the vie 2019s performance and our fixed-price purchase price options are not considered to be potentially significant to the vie 2019s . the future minimum lease payments associated with the vie leases totaled $ 4.2 billion as of december 31 , 2010 . 16 . leases we lease certain locomotives , freight cars , and other property . the consolidated statement of financial position as of december 31 , 2010 and 2009 included $ 2520 million , net of $ 901 million of accumulated depreciation , and $ 2754 million , net of $ 927 million of accumulated depreciation , respectively , for properties held under capital leases . a charge to income resulting from the depreciation for assets held under capital leases is included within depreciation expense in our consolidated statements of income . future minimum lease payments for operating and capital leases with initial or remaining non-cancelable lease terms in excess of one year as of december 31 , 2010 , were as follows : millions operating leases capital leases . <table class='wikitable'><tr><td>1</td><td>millions</td><td>operatingleases</td><td>capitalleases</td></tr><tr><td>2</td><td>2011</td><td>$ 613</td><td>$ 311</td></tr><tr><td>3</td><td>2012</td><td>526</td><td>251</td></tr><tr><td>4</td><td>2013</td><td>461</td><td>253</td></tr><tr><td>5</td><td>2014</td><td>382</td><td>261</td></tr><tr><td>6</td><td>2015</td><td>340</td><td>262</td></tr><tr><td>7</td><td>later years</td><td>2599</td><td>1355</td></tr><tr><td>8</td><td>total minimum lease payments</td><td>$ 4921</td><td>$ 2693</td></tr><tr><td>9</td><td>amount representing interest</td><td>n/a</td><td>-784 ( 784 )</td></tr><tr><td>10</td><td>present value of minimum lease payments</td><td>n/a</td><td>$ 1909</td></tr></table> the majority of capital lease payments relate to locomotives . rent expense for operating leases with terms exceeding one month was $ 624 million in 2010 , $ 686 million in 2009 , and $ 747 million in 2008 . when cash rental payments are not made on a straight-line basis , we recognize variable rental expense on a straight-line basis over the lease term . contingent rentals and sub-rentals are not significant. .
Question: what was the rent expense for operating leases with terms exceeding one month in 2010?
Answer: 624.0
Question: what was the value in 2009?
Answer: 686.0
Question: what is the sum?
Answer: 1310.0
Question: what was the value in 2008?
Answer: 747.0
Question: what is the total sum?
Answer: 2057.0
Question: what is the average value per year?
| 685.66667 |
CONVFINQA4022 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
table of contents notes to consolidated financial statements of american airlines , inc . the asset . projected cash flows are discounted at a required market rate of return that reflects the relative risk of achieving the cash flows and the time value of money . the cost approach , which estimates value by determining the current cost of replacing an asset with another of equivalent economic utility , was used , as appropriate , for certain assets for which the market and income approaches could not be applied due to the nature of the asset . the cost to replace a given asset reflects the estimated reproduction or replacement cost for the asset , less an allowance for loss in value due to depreciation . the fair value of us airways 2019 dividend miles loyalty program liability was determined based on the weighted average equivalent ticket value of outstanding miles which were expected to be redeemed for future travel at december 9 , 2013 . the weighted average equivalent ticket value contemplates differing classes of service , domestic and international itineraries and the carrier providing the award travel . pro-forma impact of the merger american 2019s unaudited pro-forma results presented below include the effects of the merger as if it had been consummated as of january 1 , 2012 . the pro- forma results include the depreciation and amortization associated with the acquired tangible and intangible assets , lease and debt fair value adjustments , the elimination of any deferred gains or losses , adjustments relating to reflecting the fair value of the loyalty program liability and the impact of income changes on profit sharing expense , among others . in addition , the pro-forma results below reflect the impact of higher wage rates related to memorandums of understanding with us airways 2019 pilots that became effective upon closing of the merger , as well as the elimination of american 2019s reorganization items , net and merger transition costs . however , the pro-forma results do not include any anticipated synergies or other expected benefits of the merger . accordingly , the unaudited pro-forma financial information below is not necessarily indicative of either future results of operations or results that might have been achieved had the acquisition been consummated as of january 1 , 2012 . december 31 , ( in millions ) . <table class='wikitable'><tr><td>1</td><td>-</td><td>december 31 2013 ( in millions )</td></tr><tr><td>2</td><td>revenue</td><td>$ 40782</td></tr><tr><td>3</td><td>net income</td><td>2707</td></tr></table> 5 . basis of presentation and summary of significant accounting policies ( a ) basis of presentation on december 30 , 2015 , us airways merged with and into american , which is reflected in american 2019s consolidated financial statements as though the transaction had occurred on december 9 , 2013 , when a subsidiary of amr merged with and into us airways group . thus , the full years of 2015 and 2014 and the period from december 9 , 2013 to december 31 , 2013 are comprised of the consolidated financial data of american and us airways . for the periods prior to december 9 , 2013 , the financial data reflects the results of american only . for financial reporting purposes , the transaction constituted a transfer of assets between entities under common control and was accounted for in a manner similar to the pooling of interests method of accounting . under this method , the carrying amount of net assets recognized in the balance sheets of each combining entity are carried forward to the balance sheet of the combined entity and no other assets or liabilities are recognized . the preparation of financial statements in accordance with accounting principles generally accepted in the united states ( gaap ) requires management to make certain estimates and assumptions that affect the reported amounts of assets and liabilities , revenues and expenses , and the disclosure of contingent assets and liabilities at the date of the financial statements . actual results could differ from those estimates . the most significant areas of judgment relate to passenger revenue recognition , impairment of goodwill , impairment of long-lived and .
Question: what is the net income in 2013?
| 2707.0 |
CONVFINQA4023 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
table of contents notes to consolidated financial statements of american airlines , inc . the asset . projected cash flows are discounted at a required market rate of return that reflects the relative risk of achieving the cash flows and the time value of money . the cost approach , which estimates value by determining the current cost of replacing an asset with another of equivalent economic utility , was used , as appropriate , for certain assets for which the market and income approaches could not be applied due to the nature of the asset . the cost to replace a given asset reflects the estimated reproduction or replacement cost for the asset , less an allowance for loss in value due to depreciation . the fair value of us airways 2019 dividend miles loyalty program liability was determined based on the weighted average equivalent ticket value of outstanding miles which were expected to be redeemed for future travel at december 9 , 2013 . the weighted average equivalent ticket value contemplates differing classes of service , domestic and international itineraries and the carrier providing the award travel . pro-forma impact of the merger american 2019s unaudited pro-forma results presented below include the effects of the merger as if it had been consummated as of january 1 , 2012 . the pro- forma results include the depreciation and amortization associated with the acquired tangible and intangible assets , lease and debt fair value adjustments , the elimination of any deferred gains or losses , adjustments relating to reflecting the fair value of the loyalty program liability and the impact of income changes on profit sharing expense , among others . in addition , the pro-forma results below reflect the impact of higher wage rates related to memorandums of understanding with us airways 2019 pilots that became effective upon closing of the merger , as well as the elimination of american 2019s reorganization items , net and merger transition costs . however , the pro-forma results do not include any anticipated synergies or other expected benefits of the merger . accordingly , the unaudited pro-forma financial information below is not necessarily indicative of either future results of operations or results that might have been achieved had the acquisition been consummated as of january 1 , 2012 . december 31 , ( in millions ) . <table class='wikitable'><tr><td>1</td><td>-</td><td>december 31 2013 ( in millions )</td></tr><tr><td>2</td><td>revenue</td><td>$ 40782</td></tr><tr><td>3</td><td>net income</td><td>2707</td></tr></table> 5 . basis of presentation and summary of significant accounting policies ( a ) basis of presentation on december 30 , 2015 , us airways merged with and into american , which is reflected in american 2019s consolidated financial statements as though the transaction had occurred on december 9 , 2013 , when a subsidiary of amr merged with and into us airways group . thus , the full years of 2015 and 2014 and the period from december 9 , 2013 to december 31 , 2013 are comprised of the consolidated financial data of american and us airways . for the periods prior to december 9 , 2013 , the financial data reflects the results of american only . for financial reporting purposes , the transaction constituted a transfer of assets between entities under common control and was accounted for in a manner similar to the pooling of interests method of accounting . under this method , the carrying amount of net assets recognized in the balance sheets of each combining entity are carried forward to the balance sheet of the combined entity and no other assets or liabilities are recognized . the preparation of financial statements in accordance with accounting principles generally accepted in the united states ( gaap ) requires management to make certain estimates and assumptions that affect the reported amounts of assets and liabilities , revenues and expenses , and the disclosure of contingent assets and liabilities at the date of the financial statements . actual results could differ from those estimates . the most significant areas of judgment relate to passenger revenue recognition , impairment of goodwill , impairment of long-lived and .
Question: what is the net income in 2013?
Answer: 2707.0
Question: what is the total revenue?
| 40782.0 |
CONVFINQA4024 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
table of contents notes to consolidated financial statements of american airlines , inc . the asset . projected cash flows are discounted at a required market rate of return that reflects the relative risk of achieving the cash flows and the time value of money . the cost approach , which estimates value by determining the current cost of replacing an asset with another of equivalent economic utility , was used , as appropriate , for certain assets for which the market and income approaches could not be applied due to the nature of the asset . the cost to replace a given asset reflects the estimated reproduction or replacement cost for the asset , less an allowance for loss in value due to depreciation . the fair value of us airways 2019 dividend miles loyalty program liability was determined based on the weighted average equivalent ticket value of outstanding miles which were expected to be redeemed for future travel at december 9 , 2013 . the weighted average equivalent ticket value contemplates differing classes of service , domestic and international itineraries and the carrier providing the award travel . pro-forma impact of the merger american 2019s unaudited pro-forma results presented below include the effects of the merger as if it had been consummated as of january 1 , 2012 . the pro- forma results include the depreciation and amortization associated with the acquired tangible and intangible assets , lease and debt fair value adjustments , the elimination of any deferred gains or losses , adjustments relating to reflecting the fair value of the loyalty program liability and the impact of income changes on profit sharing expense , among others . in addition , the pro-forma results below reflect the impact of higher wage rates related to memorandums of understanding with us airways 2019 pilots that became effective upon closing of the merger , as well as the elimination of american 2019s reorganization items , net and merger transition costs . however , the pro-forma results do not include any anticipated synergies or other expected benefits of the merger . accordingly , the unaudited pro-forma financial information below is not necessarily indicative of either future results of operations or results that might have been achieved had the acquisition been consummated as of january 1 , 2012 . december 31 , ( in millions ) . <table class='wikitable'><tr><td>1</td><td>-</td><td>december 31 2013 ( in millions )</td></tr><tr><td>2</td><td>revenue</td><td>$ 40782</td></tr><tr><td>3</td><td>net income</td><td>2707</td></tr></table> 5 . basis of presentation and summary of significant accounting policies ( a ) basis of presentation on december 30 , 2015 , us airways merged with and into american , which is reflected in american 2019s consolidated financial statements as though the transaction had occurred on december 9 , 2013 , when a subsidiary of amr merged with and into us airways group . thus , the full years of 2015 and 2014 and the period from december 9 , 2013 to december 31 , 2013 are comprised of the consolidated financial data of american and us airways . for the periods prior to december 9 , 2013 , the financial data reflects the results of american only . for financial reporting purposes , the transaction constituted a transfer of assets between entities under common control and was accounted for in a manner similar to the pooling of interests method of accounting . under this method , the carrying amount of net assets recognized in the balance sheets of each combining entity are carried forward to the balance sheet of the combined entity and no other assets or liabilities are recognized . the preparation of financial statements in accordance with accounting principles generally accepted in the united states ( gaap ) requires management to make certain estimates and assumptions that affect the reported amounts of assets and liabilities , revenues and expenses , and the disclosure of contingent assets and liabilities at the date of the financial statements . actual results could differ from those estimates . the most significant areas of judgment relate to passenger revenue recognition , impairment of goodwill , impairment of long-lived and .
Question: what is the net income in 2013?
Answer: 2707.0
Question: what is the total revenue?
Answer: 40782.0
Question: what is the net income margin?
| 0.06638 |
CONVFINQA4025 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
put options we currently have outstanding put option agreements with other shareholders of our air products san fu company , ltd . and indura s.a . subsidiaries . the put options give the shareholders the right to sell stock in the subsidiaries based on pricing terms in the agreements . refer to note 17 , commitments and contingencies , to the consolidated financial statements for additional information . due to the uncertainty of whether these options would be exercised and the related timing , we excluded the potential payments from the contractual obligations table . pension benefits we sponsor defined benefit pension plans that cover a substantial portion of our worldwide employees . the principal defined benefit pension plans 2014the u.s . salaried pension plan and the u.k . pension plan 2014were closed to new participants in 2005 and were replaced with defined contribution plans . over the long run , the shift to defined contribution plans is expected to reduce volatility of both plan expense and contributions . for 2013 , the fair market value of pension plan assets for our defined benefit plans as of the measurement date increased to $ 3800.8 from $ 3239.1 in 2012 . the projected benefit obligation for these plans as of the measurement date was $ 4394.0 and $ 4486.5 in 2013 and 2012 , respectively . refer to note 16 , retirement benefits , to the consolidated financial statements for comprehensive and detailed disclosures on our postretirement benefits . pension expense . <table class='wikitable'><tr><td>1</td><td>-</td><td>2013</td><td>2012</td><td>2011</td></tr><tr><td>2</td><td>pension expense</td><td>$ 169.7</td><td>$ 120.4</td><td>$ 114.1</td></tr><tr><td>3</td><td>special terminations settlements and curtailments ( included above )</td><td>19.8</td><td>8.2</td><td>1.3</td></tr><tr><td>4</td><td>weighted average discount rate</td><td>4.0% ( 4.0 % )</td><td>5.0% ( 5.0 % )</td><td>5.0% ( 5.0 % )</td></tr><tr><td>5</td><td>weighted average expected rate of return on plan assets</td><td>7.7% ( 7.7 % )</td><td>8.0% ( 8.0 % )</td><td>8.0% ( 8.0 % )</td></tr><tr><td>6</td><td>weighted average expected rate of compensation increase</td><td>3.8% ( 3.8 % )</td><td>3.9% ( 3.9 % )</td><td>4.0% ( 4.0 % )</td></tr></table> 2013 vs . 2012 the increase in pension expense , excluding special items , was primarily attributable to the 100 bp decrease in weighted average discount rate , resulting in higher amortization of actuarial losses . the increase was partially offset by a higher expected return on plan assets and contributions in 2013 . special items of $ 19.8 primarily included $ 12.4 for pension settlement losses and $ 6.9 for special termination benefits relating to the 2013 business restructuring and cost reduction plan . 2012 vs . 2011 pension expense in 2012 , excluding special items , was comparable to 2011 expense as a result of no change in the weighted average discount rate from year to year . 2014 outlook pension expense is estimated to be approximately $ 140 to $ 145 , excluding special items , in 2014 , a decrease of $ 5 to $ 10 from 2013 , resulting primarily from an increase in discount rates , partially offset by unfavorable impacts associated with changes in mortality and inflation assumptions . pension settlement losses of $ 10 to $ 25 are expected , dependent on the timing of retirements . in 2014 , pension expense will include approximately $ 118 for amortization of actuarial losses compared to $ 143 in 2013 . net actuarial gains of $ 370.4 were recognized in 2013 , resulting primarily from an approximately 65 bp increase in the weighted average discount rate as well as actual asset returns above expected returns . actuarial gains/losses are amortized into pension expense over prospective periods to the extent they are not offset by future gains or losses . future changes in the discount rate and actual returns on plan assets , different from expected returns , would impact the actuarial gains/losses and resulting amortization in years beyond 2014 . pension funding pension funding includes both contributions to funded plans and benefit payments for unfunded plans , which are primarily non-qualified plans . with respect to funded plans , our funding policy is that contributions , combined with appreciation and earnings , will be sufficient to pay benefits without creating unnecessary surpluses . in addition , we make contributions to satisfy all legal funding requirements while managing our capacity to benefit from tax deductions attributable to plan contributions . with the assistance of third party actuaries , we analyze the liabilities and demographics of each plan , which help guide the level of contributions . during 2013 and 2012 , our cash contributions to funded plans and benefit payments for unfunded plans were $ 300.8 and $ 76.4 , respectively . contributions for 2013 include voluntary contributions for u.s . plans of $ 220.0. .
Question: what is the balance of special terminations settlements and curtailments in 2013?
| 19.8 |
CONVFINQA4026 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
put options we currently have outstanding put option agreements with other shareholders of our air products san fu company , ltd . and indura s.a . subsidiaries . the put options give the shareholders the right to sell stock in the subsidiaries based on pricing terms in the agreements . refer to note 17 , commitments and contingencies , to the consolidated financial statements for additional information . due to the uncertainty of whether these options would be exercised and the related timing , we excluded the potential payments from the contractual obligations table . pension benefits we sponsor defined benefit pension plans that cover a substantial portion of our worldwide employees . the principal defined benefit pension plans 2014the u.s . salaried pension plan and the u.k . pension plan 2014were closed to new participants in 2005 and were replaced with defined contribution plans . over the long run , the shift to defined contribution plans is expected to reduce volatility of both plan expense and contributions . for 2013 , the fair market value of pension plan assets for our defined benefit plans as of the measurement date increased to $ 3800.8 from $ 3239.1 in 2012 . the projected benefit obligation for these plans as of the measurement date was $ 4394.0 and $ 4486.5 in 2013 and 2012 , respectively . refer to note 16 , retirement benefits , to the consolidated financial statements for comprehensive and detailed disclosures on our postretirement benefits . pension expense . <table class='wikitable'><tr><td>1</td><td>-</td><td>2013</td><td>2012</td><td>2011</td></tr><tr><td>2</td><td>pension expense</td><td>$ 169.7</td><td>$ 120.4</td><td>$ 114.1</td></tr><tr><td>3</td><td>special terminations settlements and curtailments ( included above )</td><td>19.8</td><td>8.2</td><td>1.3</td></tr><tr><td>4</td><td>weighted average discount rate</td><td>4.0% ( 4.0 % )</td><td>5.0% ( 5.0 % )</td><td>5.0% ( 5.0 % )</td></tr><tr><td>5</td><td>weighted average expected rate of return on plan assets</td><td>7.7% ( 7.7 % )</td><td>8.0% ( 8.0 % )</td><td>8.0% ( 8.0 % )</td></tr><tr><td>6</td><td>weighted average expected rate of compensation increase</td><td>3.8% ( 3.8 % )</td><td>3.9% ( 3.9 % )</td><td>4.0% ( 4.0 % )</td></tr></table> 2013 vs . 2012 the increase in pension expense , excluding special items , was primarily attributable to the 100 bp decrease in weighted average discount rate , resulting in higher amortization of actuarial losses . the increase was partially offset by a higher expected return on plan assets and contributions in 2013 . special items of $ 19.8 primarily included $ 12.4 for pension settlement losses and $ 6.9 for special termination benefits relating to the 2013 business restructuring and cost reduction plan . 2012 vs . 2011 pension expense in 2012 , excluding special items , was comparable to 2011 expense as a result of no change in the weighted average discount rate from year to year . 2014 outlook pension expense is estimated to be approximately $ 140 to $ 145 , excluding special items , in 2014 , a decrease of $ 5 to $ 10 from 2013 , resulting primarily from an increase in discount rates , partially offset by unfavorable impacts associated with changes in mortality and inflation assumptions . pension settlement losses of $ 10 to $ 25 are expected , dependent on the timing of retirements . in 2014 , pension expense will include approximately $ 118 for amortization of actuarial losses compared to $ 143 in 2013 . net actuarial gains of $ 370.4 were recognized in 2013 , resulting primarily from an approximately 65 bp increase in the weighted average discount rate as well as actual asset returns above expected returns . actuarial gains/losses are amortized into pension expense over prospective periods to the extent they are not offset by future gains or losses . future changes in the discount rate and actual returns on plan assets , different from expected returns , would impact the actuarial gains/losses and resulting amortization in years beyond 2014 . pension funding pension funding includes both contributions to funded plans and benefit payments for unfunded plans , which are primarily non-qualified plans . with respect to funded plans , our funding policy is that contributions , combined with appreciation and earnings , will be sufficient to pay benefits without creating unnecessary surpluses . in addition , we make contributions to satisfy all legal funding requirements while managing our capacity to benefit from tax deductions attributable to plan contributions . with the assistance of third party actuaries , we analyze the liabilities and demographics of each plan , which help guide the level of contributions . during 2013 and 2012 , our cash contributions to funded plans and benefit payments for unfunded plans were $ 300.8 and $ 76.4 , respectively . contributions for 2013 include voluntary contributions for u.s . plans of $ 220.0. .
Question: what is the balance of special terminations settlements and curtailments in 2013?
Answer: 19.8
Question: what about in 2012?
| 8.2 |
CONVFINQA4027 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
put options we currently have outstanding put option agreements with other shareholders of our air products san fu company , ltd . and indura s.a . subsidiaries . the put options give the shareholders the right to sell stock in the subsidiaries based on pricing terms in the agreements . refer to note 17 , commitments and contingencies , to the consolidated financial statements for additional information . due to the uncertainty of whether these options would be exercised and the related timing , we excluded the potential payments from the contractual obligations table . pension benefits we sponsor defined benefit pension plans that cover a substantial portion of our worldwide employees . the principal defined benefit pension plans 2014the u.s . salaried pension plan and the u.k . pension plan 2014were closed to new participants in 2005 and were replaced with defined contribution plans . over the long run , the shift to defined contribution plans is expected to reduce volatility of both plan expense and contributions . for 2013 , the fair market value of pension plan assets for our defined benefit plans as of the measurement date increased to $ 3800.8 from $ 3239.1 in 2012 . the projected benefit obligation for these plans as of the measurement date was $ 4394.0 and $ 4486.5 in 2013 and 2012 , respectively . refer to note 16 , retirement benefits , to the consolidated financial statements for comprehensive and detailed disclosures on our postretirement benefits . pension expense . <table class='wikitable'><tr><td>1</td><td>-</td><td>2013</td><td>2012</td><td>2011</td></tr><tr><td>2</td><td>pension expense</td><td>$ 169.7</td><td>$ 120.4</td><td>$ 114.1</td></tr><tr><td>3</td><td>special terminations settlements and curtailments ( included above )</td><td>19.8</td><td>8.2</td><td>1.3</td></tr><tr><td>4</td><td>weighted average discount rate</td><td>4.0% ( 4.0 % )</td><td>5.0% ( 5.0 % )</td><td>5.0% ( 5.0 % )</td></tr><tr><td>5</td><td>weighted average expected rate of return on plan assets</td><td>7.7% ( 7.7 % )</td><td>8.0% ( 8.0 % )</td><td>8.0% ( 8.0 % )</td></tr><tr><td>6</td><td>weighted average expected rate of compensation increase</td><td>3.8% ( 3.8 % )</td><td>3.9% ( 3.9 % )</td><td>4.0% ( 4.0 % )</td></tr></table> 2013 vs . 2012 the increase in pension expense , excluding special items , was primarily attributable to the 100 bp decrease in weighted average discount rate , resulting in higher amortization of actuarial losses . the increase was partially offset by a higher expected return on plan assets and contributions in 2013 . special items of $ 19.8 primarily included $ 12.4 for pension settlement losses and $ 6.9 for special termination benefits relating to the 2013 business restructuring and cost reduction plan . 2012 vs . 2011 pension expense in 2012 , excluding special items , was comparable to 2011 expense as a result of no change in the weighted average discount rate from year to year . 2014 outlook pension expense is estimated to be approximately $ 140 to $ 145 , excluding special items , in 2014 , a decrease of $ 5 to $ 10 from 2013 , resulting primarily from an increase in discount rates , partially offset by unfavorable impacts associated with changes in mortality and inflation assumptions . pension settlement losses of $ 10 to $ 25 are expected , dependent on the timing of retirements . in 2014 , pension expense will include approximately $ 118 for amortization of actuarial losses compared to $ 143 in 2013 . net actuarial gains of $ 370.4 were recognized in 2013 , resulting primarily from an approximately 65 bp increase in the weighted average discount rate as well as actual asset returns above expected returns . actuarial gains/losses are amortized into pension expense over prospective periods to the extent they are not offset by future gains or losses . future changes in the discount rate and actual returns on plan assets , different from expected returns , would impact the actuarial gains/losses and resulting amortization in years beyond 2014 . pension funding pension funding includes both contributions to funded plans and benefit payments for unfunded plans , which are primarily non-qualified plans . with respect to funded plans , our funding policy is that contributions , combined with appreciation and earnings , will be sufficient to pay benefits without creating unnecessary surpluses . in addition , we make contributions to satisfy all legal funding requirements while managing our capacity to benefit from tax deductions attributable to plan contributions . with the assistance of third party actuaries , we analyze the liabilities and demographics of each plan , which help guide the level of contributions . during 2013 and 2012 , our cash contributions to funded plans and benefit payments for unfunded plans were $ 300.8 and $ 76.4 , respectively . contributions for 2013 include voluntary contributions for u.s . plans of $ 220.0. .
Question: what is the balance of special terminations settlements and curtailments in 2013?
Answer: 19.8
Question: what about in 2012?
Answer: 8.2
Question: what fraction does this represent?
| 2.41463 |
CONVFINQA4028 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
put options we currently have outstanding put option agreements with other shareholders of our air products san fu company , ltd . and indura s.a . subsidiaries . the put options give the shareholders the right to sell stock in the subsidiaries based on pricing terms in the agreements . refer to note 17 , commitments and contingencies , to the consolidated financial statements for additional information . due to the uncertainty of whether these options would be exercised and the related timing , we excluded the potential payments from the contractual obligations table . pension benefits we sponsor defined benefit pension plans that cover a substantial portion of our worldwide employees . the principal defined benefit pension plans 2014the u.s . salaried pension plan and the u.k . pension plan 2014were closed to new participants in 2005 and were replaced with defined contribution plans . over the long run , the shift to defined contribution plans is expected to reduce volatility of both plan expense and contributions . for 2013 , the fair market value of pension plan assets for our defined benefit plans as of the measurement date increased to $ 3800.8 from $ 3239.1 in 2012 . the projected benefit obligation for these plans as of the measurement date was $ 4394.0 and $ 4486.5 in 2013 and 2012 , respectively . refer to note 16 , retirement benefits , to the consolidated financial statements for comprehensive and detailed disclosures on our postretirement benefits . pension expense . <table class='wikitable'><tr><td>1</td><td>-</td><td>2013</td><td>2012</td><td>2011</td></tr><tr><td>2</td><td>pension expense</td><td>$ 169.7</td><td>$ 120.4</td><td>$ 114.1</td></tr><tr><td>3</td><td>special terminations settlements and curtailments ( included above )</td><td>19.8</td><td>8.2</td><td>1.3</td></tr><tr><td>4</td><td>weighted average discount rate</td><td>4.0% ( 4.0 % )</td><td>5.0% ( 5.0 % )</td><td>5.0% ( 5.0 % )</td></tr><tr><td>5</td><td>weighted average expected rate of return on plan assets</td><td>7.7% ( 7.7 % )</td><td>8.0% ( 8.0 % )</td><td>8.0% ( 8.0 % )</td></tr><tr><td>6</td><td>weighted average expected rate of compensation increase</td><td>3.8% ( 3.8 % )</td><td>3.9% ( 3.9 % )</td><td>4.0% ( 4.0 % )</td></tr></table> 2013 vs . 2012 the increase in pension expense , excluding special items , was primarily attributable to the 100 bp decrease in weighted average discount rate , resulting in higher amortization of actuarial losses . the increase was partially offset by a higher expected return on plan assets and contributions in 2013 . special items of $ 19.8 primarily included $ 12.4 for pension settlement losses and $ 6.9 for special termination benefits relating to the 2013 business restructuring and cost reduction plan . 2012 vs . 2011 pension expense in 2012 , excluding special items , was comparable to 2011 expense as a result of no change in the weighted average discount rate from year to year . 2014 outlook pension expense is estimated to be approximately $ 140 to $ 145 , excluding special items , in 2014 , a decrease of $ 5 to $ 10 from 2013 , resulting primarily from an increase in discount rates , partially offset by unfavorable impacts associated with changes in mortality and inflation assumptions . pension settlement losses of $ 10 to $ 25 are expected , dependent on the timing of retirements . in 2014 , pension expense will include approximately $ 118 for amortization of actuarial losses compared to $ 143 in 2013 . net actuarial gains of $ 370.4 were recognized in 2013 , resulting primarily from an approximately 65 bp increase in the weighted average discount rate as well as actual asset returns above expected returns . actuarial gains/losses are amortized into pension expense over prospective periods to the extent they are not offset by future gains or losses . future changes in the discount rate and actual returns on plan assets , different from expected returns , would impact the actuarial gains/losses and resulting amortization in years beyond 2014 . pension funding pension funding includes both contributions to funded plans and benefit payments for unfunded plans , which are primarily non-qualified plans . with respect to funded plans , our funding policy is that contributions , combined with appreciation and earnings , will be sufficient to pay benefits without creating unnecessary surpluses . in addition , we make contributions to satisfy all legal funding requirements while managing our capacity to benefit from tax deductions attributable to plan contributions . with the assistance of third party actuaries , we analyze the liabilities and demographics of each plan , which help guide the level of contributions . during 2013 and 2012 , our cash contributions to funded plans and benefit payments for unfunded plans were $ 300.8 and $ 76.4 , respectively . contributions for 2013 include voluntary contributions for u.s . plans of $ 220.0. .
Question: what is the balance of special terminations settlements and curtailments in 2013?
Answer: 19.8
Question: what about in 2012?
Answer: 8.2
Question: what fraction does this represent?
Answer: 2.41463
Question: what about in percentage terms?
| 241.46341 |
CONVFINQA4029 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
put options we currently have outstanding put option agreements with other shareholders of our air products san fu company , ltd . and indura s.a . subsidiaries . the put options give the shareholders the right to sell stock in the subsidiaries based on pricing terms in the agreements . refer to note 17 , commitments and contingencies , to the consolidated financial statements for additional information . due to the uncertainty of whether these options would be exercised and the related timing , we excluded the potential payments from the contractual obligations table . pension benefits we sponsor defined benefit pension plans that cover a substantial portion of our worldwide employees . the principal defined benefit pension plans 2014the u.s . salaried pension plan and the u.k . pension plan 2014were closed to new participants in 2005 and were replaced with defined contribution plans . over the long run , the shift to defined contribution plans is expected to reduce volatility of both plan expense and contributions . for 2013 , the fair market value of pension plan assets for our defined benefit plans as of the measurement date increased to $ 3800.8 from $ 3239.1 in 2012 . the projected benefit obligation for these plans as of the measurement date was $ 4394.0 and $ 4486.5 in 2013 and 2012 , respectively . refer to note 16 , retirement benefits , to the consolidated financial statements for comprehensive and detailed disclosures on our postretirement benefits . pension expense . <table class='wikitable'><tr><td>1</td><td>-</td><td>2013</td><td>2012</td><td>2011</td></tr><tr><td>2</td><td>pension expense</td><td>$ 169.7</td><td>$ 120.4</td><td>$ 114.1</td></tr><tr><td>3</td><td>special terminations settlements and curtailments ( included above )</td><td>19.8</td><td>8.2</td><td>1.3</td></tr><tr><td>4</td><td>weighted average discount rate</td><td>4.0% ( 4.0 % )</td><td>5.0% ( 5.0 % )</td><td>5.0% ( 5.0 % )</td></tr><tr><td>5</td><td>weighted average expected rate of return on plan assets</td><td>7.7% ( 7.7 % )</td><td>8.0% ( 8.0 % )</td><td>8.0% ( 8.0 % )</td></tr><tr><td>6</td><td>weighted average expected rate of compensation increase</td><td>3.8% ( 3.8 % )</td><td>3.9% ( 3.9 % )</td><td>4.0% ( 4.0 % )</td></tr></table> 2013 vs . 2012 the increase in pension expense , excluding special items , was primarily attributable to the 100 bp decrease in weighted average discount rate , resulting in higher amortization of actuarial losses . the increase was partially offset by a higher expected return on plan assets and contributions in 2013 . special items of $ 19.8 primarily included $ 12.4 for pension settlement losses and $ 6.9 for special termination benefits relating to the 2013 business restructuring and cost reduction plan . 2012 vs . 2011 pension expense in 2012 , excluding special items , was comparable to 2011 expense as a result of no change in the weighted average discount rate from year to year . 2014 outlook pension expense is estimated to be approximately $ 140 to $ 145 , excluding special items , in 2014 , a decrease of $ 5 to $ 10 from 2013 , resulting primarily from an increase in discount rates , partially offset by unfavorable impacts associated with changes in mortality and inflation assumptions . pension settlement losses of $ 10 to $ 25 are expected , dependent on the timing of retirements . in 2014 , pension expense will include approximately $ 118 for amortization of actuarial losses compared to $ 143 in 2013 . net actuarial gains of $ 370.4 were recognized in 2013 , resulting primarily from an approximately 65 bp increase in the weighted average discount rate as well as actual asset returns above expected returns . actuarial gains/losses are amortized into pension expense over prospective periods to the extent they are not offset by future gains or losses . future changes in the discount rate and actual returns on plan assets , different from expected returns , would impact the actuarial gains/losses and resulting amortization in years beyond 2014 . pension funding pension funding includes both contributions to funded plans and benefit payments for unfunded plans , which are primarily non-qualified plans . with respect to funded plans , our funding policy is that contributions , combined with appreciation and earnings , will be sufficient to pay benefits without creating unnecessary surpluses . in addition , we make contributions to satisfy all legal funding requirements while managing our capacity to benefit from tax deductions attributable to plan contributions . with the assistance of third party actuaries , we analyze the liabilities and demographics of each plan , which help guide the level of contributions . during 2013 and 2012 , our cash contributions to funded plans and benefit payments for unfunded plans were $ 300.8 and $ 76.4 , respectively . contributions for 2013 include voluntary contributions for u.s . plans of $ 220.0. .
Question: what is the balance of special terminations settlements and curtailments in 2013?
Answer: 19.8
Question: what about in 2012?
Answer: 8.2
Question: what fraction does this represent?
Answer: 2.41463
Question: what about in percentage terms?
Answer: 241.46341
Question: what is the percentage change?
| 141.46341 |
CONVFINQA4030 | Read the following texts and table with financial data from an S&P 500 earnings report 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 goldman sachs group , inc . and subsidiaries management 2019s discussion and analysis net revenues the table below presents our net revenues by line item in the consolidated statements of earnings. . <table class='wikitable'><tr><td>1</td><td>$ in millions</td><td>year ended december 2017</td><td>year ended december 2016</td><td>year ended december 2015</td></tr><tr><td>2</td><td>investment banking</td><td>$ 7371</td><td>$ 6273</td><td>$ 7027</td></tr><tr><td>3</td><td>investment management</td><td>5803</td><td>5407</td><td>5868</td></tr><tr><td>4</td><td>commissions and fees</td><td>3051</td><td>3208</td><td>3320</td></tr><tr><td>5</td><td>market making</td><td>7660</td><td>9933</td><td>9523</td></tr><tr><td>6</td><td>other principal transactions</td><td>5256</td><td>3200</td><td>5018</td></tr><tr><td>7</td><td>totalnon-interestrevenues</td><td>29141</td><td>28021</td><td>30756</td></tr><tr><td>8</td><td>interest income</td><td>13113</td><td>9691</td><td>8452</td></tr><tr><td>9</td><td>interest expense</td><td>10181</td><td>7104</td><td>5388</td></tr><tr><td>10</td><td>net interest income</td><td>2932</td><td>2587</td><td>3064</td></tr><tr><td>11</td><td>total net revenues</td><td>$ 32073</td><td>$ 30608</td><td>$ 33820</td></tr></table> in the table above : 2030 investment banking consists of revenues ( excluding net interest ) from financial advisory and underwriting assignments , as well as derivative transactions directly related to these assignments . these activities are included in our investment banking segment . 2030 investment management consists of revenues ( excluding net interest ) from providing investment management services to a diverse set of clients , as well as wealth advisory services and certain transaction services to high-net-worth individuals and families . these activities are included in our investment management segment . 2030 commissions and fees consists of revenues from executing and clearing client transactions on major stock , options and futures exchanges worldwide , as well as over-the-counter ( otc ) transactions . these activities are included in our institutional client services and investment management segments . 2030 market making consists of revenues ( excluding net interest ) from client execution activities related to making markets in interest rate products , credit products , mortgages , currencies , commodities and equity products . these activities are included in our institutional client services segment . 2030 other principal transactions consists of revenues ( excluding net interest ) from our investing activities and the origination of loans to provide financing to clients . in addition , other principal transactions includes revenues related to our consolidated investments . these activities are included in our investing & lending segment . operating environment . during 2017 , generally higher asset prices and tighter credit spreads were supportive of industry-wide underwriting activities , investment management performance and other principal transactions . however , low levels of volatility in equity , fixed income , currency and commodity markets continued to negatively affect our market-making activities , particularly in fixed income , currency and commodity products . the price of natural gas decreased significantly during 2017 , while the price of oil increased compared with the end of 2016 . if the trend of low volatility continues over the long term and market-making activity levels remain low , or if investment banking activity levels , asset prices or assets under supervision decline , net revenues would likely be negatively impacted . see 201csegment operating results 201d below for further information about the operating environment and material trends and uncertainties that may impact our results of operations . the first half of 2016 included challenging trends in the operating environment for our business activities including concerns and uncertainties about global economic growth , central bank activity and the political uncertainty and economic implications surrounding the potential exit of the u.k . from the e.u . during the second half of 2016 , the operating environment improved , as global equity markets steadily increased and investment grade and high-yield credit spreads tightened . these trends provided a more favorable backdrop for our business activities . 2017 versus 2016 net revenues in the consolidated statements of earnings were $ 32.07 billion for 2017 , 5% ( 5 % ) higher than 2016 , due to significantly higher other principal transactions revenues , and higher investment banking revenues , investment management revenues and net interest income . these increases were partially offset by significantly lower market making revenues and lower commissions and fees . non-interest revenues . investment banking revenues in the consolidated statements of earnings were $ 7.37 billion for 2017 , 18% ( 18 % ) higher than 2016 . revenues in financial advisory were higher compared with 2016 , reflecting an increase in completed mergers and acquisitions transactions . revenues in underwriting were significantly higher compared with 2016 , due to significantly higher revenues in both debt underwriting , primarily reflecting an increase in industry-wide leveraged finance activity , and equity underwriting , reflecting an increase in industry-wide secondary offerings . 52 goldman sachs 2017 form 10-k .
Question: what was the total net revenue in 2017?
| 32073.0 |
CONVFINQA4031 | Read the following texts and table with financial data from an S&P 500 earnings report 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 goldman sachs group , inc . and subsidiaries management 2019s discussion and analysis net revenues the table below presents our net revenues by line item in the consolidated statements of earnings. . <table class='wikitable'><tr><td>1</td><td>$ in millions</td><td>year ended december 2017</td><td>year ended december 2016</td><td>year ended december 2015</td></tr><tr><td>2</td><td>investment banking</td><td>$ 7371</td><td>$ 6273</td><td>$ 7027</td></tr><tr><td>3</td><td>investment management</td><td>5803</td><td>5407</td><td>5868</td></tr><tr><td>4</td><td>commissions and fees</td><td>3051</td><td>3208</td><td>3320</td></tr><tr><td>5</td><td>market making</td><td>7660</td><td>9933</td><td>9523</td></tr><tr><td>6</td><td>other principal transactions</td><td>5256</td><td>3200</td><td>5018</td></tr><tr><td>7</td><td>totalnon-interestrevenues</td><td>29141</td><td>28021</td><td>30756</td></tr><tr><td>8</td><td>interest income</td><td>13113</td><td>9691</td><td>8452</td></tr><tr><td>9</td><td>interest expense</td><td>10181</td><td>7104</td><td>5388</td></tr><tr><td>10</td><td>net interest income</td><td>2932</td><td>2587</td><td>3064</td></tr><tr><td>11</td><td>total net revenues</td><td>$ 32073</td><td>$ 30608</td><td>$ 33820</td></tr></table> in the table above : 2030 investment banking consists of revenues ( excluding net interest ) from financial advisory and underwriting assignments , as well as derivative transactions directly related to these assignments . these activities are included in our investment banking segment . 2030 investment management consists of revenues ( excluding net interest ) from providing investment management services to a diverse set of clients , as well as wealth advisory services and certain transaction services to high-net-worth individuals and families . these activities are included in our investment management segment . 2030 commissions and fees consists of revenues from executing and clearing client transactions on major stock , options and futures exchanges worldwide , as well as over-the-counter ( otc ) transactions . these activities are included in our institutional client services and investment management segments . 2030 market making consists of revenues ( excluding net interest ) from client execution activities related to making markets in interest rate products , credit products , mortgages , currencies , commodities and equity products . these activities are included in our institutional client services segment . 2030 other principal transactions consists of revenues ( excluding net interest ) from our investing activities and the origination of loans to provide financing to clients . in addition , other principal transactions includes revenues related to our consolidated investments . these activities are included in our investing & lending segment . operating environment . during 2017 , generally higher asset prices and tighter credit spreads were supportive of industry-wide underwriting activities , investment management performance and other principal transactions . however , low levels of volatility in equity , fixed income , currency and commodity markets continued to negatively affect our market-making activities , particularly in fixed income , currency and commodity products . the price of natural gas decreased significantly during 2017 , while the price of oil increased compared with the end of 2016 . if the trend of low volatility continues over the long term and market-making activity levels remain low , or if investment banking activity levels , asset prices or assets under supervision decline , net revenues would likely be negatively impacted . see 201csegment operating results 201d below for further information about the operating environment and material trends and uncertainties that may impact our results of operations . the first half of 2016 included challenging trends in the operating environment for our business activities including concerns and uncertainties about global economic growth , central bank activity and the political uncertainty and economic implications surrounding the potential exit of the u.k . from the e.u . during the second half of 2016 , the operating environment improved , as global equity markets steadily increased and investment grade and high-yield credit spreads tightened . these trends provided a more favorable backdrop for our business activities . 2017 versus 2016 net revenues in the consolidated statements of earnings were $ 32.07 billion for 2017 , 5% ( 5 % ) higher than 2016 , due to significantly higher other principal transactions revenues , and higher investment banking revenues , investment management revenues and net interest income . these increases were partially offset by significantly lower market making revenues and lower commissions and fees . non-interest revenues . investment banking revenues in the consolidated statements of earnings were $ 7.37 billion for 2017 , 18% ( 18 % ) higher than 2016 . revenues in financial advisory were higher compared with 2016 , reflecting an increase in completed mergers and acquisitions transactions . revenues in underwriting were significantly higher compared with 2016 , due to significantly higher revenues in both debt underwriting , primarily reflecting an increase in industry-wide leveraged finance activity , and equity underwriting , reflecting an increase in industry-wide secondary offerings . 52 goldman sachs 2017 form 10-k .
Question: what was the total net revenue in 2017?
Answer: 32073.0
Question: and in 2016?
| 30608.0 |
CONVFINQA4032 | Read the following texts and table with financial data from an S&P 500 earnings report 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 goldman sachs group , inc . and subsidiaries management 2019s discussion and analysis net revenues the table below presents our net revenues by line item in the consolidated statements of earnings. . <table class='wikitable'><tr><td>1</td><td>$ in millions</td><td>year ended december 2017</td><td>year ended december 2016</td><td>year ended december 2015</td></tr><tr><td>2</td><td>investment banking</td><td>$ 7371</td><td>$ 6273</td><td>$ 7027</td></tr><tr><td>3</td><td>investment management</td><td>5803</td><td>5407</td><td>5868</td></tr><tr><td>4</td><td>commissions and fees</td><td>3051</td><td>3208</td><td>3320</td></tr><tr><td>5</td><td>market making</td><td>7660</td><td>9933</td><td>9523</td></tr><tr><td>6</td><td>other principal transactions</td><td>5256</td><td>3200</td><td>5018</td></tr><tr><td>7</td><td>totalnon-interestrevenues</td><td>29141</td><td>28021</td><td>30756</td></tr><tr><td>8</td><td>interest income</td><td>13113</td><td>9691</td><td>8452</td></tr><tr><td>9</td><td>interest expense</td><td>10181</td><td>7104</td><td>5388</td></tr><tr><td>10</td><td>net interest income</td><td>2932</td><td>2587</td><td>3064</td></tr><tr><td>11</td><td>total net revenues</td><td>$ 32073</td><td>$ 30608</td><td>$ 33820</td></tr></table> in the table above : 2030 investment banking consists of revenues ( excluding net interest ) from financial advisory and underwriting assignments , as well as derivative transactions directly related to these assignments . these activities are included in our investment banking segment . 2030 investment management consists of revenues ( excluding net interest ) from providing investment management services to a diverse set of clients , as well as wealth advisory services and certain transaction services to high-net-worth individuals and families . these activities are included in our investment management segment . 2030 commissions and fees consists of revenues from executing and clearing client transactions on major stock , options and futures exchanges worldwide , as well as over-the-counter ( otc ) transactions . these activities are included in our institutional client services and investment management segments . 2030 market making consists of revenues ( excluding net interest ) from client execution activities related to making markets in interest rate products , credit products , mortgages , currencies , commodities and equity products . these activities are included in our institutional client services segment . 2030 other principal transactions consists of revenues ( excluding net interest ) from our investing activities and the origination of loans to provide financing to clients . in addition , other principal transactions includes revenues related to our consolidated investments . these activities are included in our investing & lending segment . operating environment . during 2017 , generally higher asset prices and tighter credit spreads were supportive of industry-wide underwriting activities , investment management performance and other principal transactions . however , low levels of volatility in equity , fixed income , currency and commodity markets continued to negatively affect our market-making activities , particularly in fixed income , currency and commodity products . the price of natural gas decreased significantly during 2017 , while the price of oil increased compared with the end of 2016 . if the trend of low volatility continues over the long term and market-making activity levels remain low , or if investment banking activity levels , asset prices or assets under supervision decline , net revenues would likely be negatively impacted . see 201csegment operating results 201d below for further information about the operating environment and material trends and uncertainties that may impact our results of operations . the first half of 2016 included challenging trends in the operating environment for our business activities including concerns and uncertainties about global economic growth , central bank activity and the political uncertainty and economic implications surrounding the potential exit of the u.k . from the e.u . during the second half of 2016 , the operating environment improved , as global equity markets steadily increased and investment grade and high-yield credit spreads tightened . these trends provided a more favorable backdrop for our business activities . 2017 versus 2016 net revenues in the consolidated statements of earnings were $ 32.07 billion for 2017 , 5% ( 5 % ) higher than 2016 , due to significantly higher other principal transactions revenues , and higher investment banking revenues , investment management revenues and net interest income . these increases were partially offset by significantly lower market making revenues and lower commissions and fees . non-interest revenues . investment banking revenues in the consolidated statements of earnings were $ 7.37 billion for 2017 , 18% ( 18 % ) higher than 2016 . revenues in financial advisory were higher compared with 2016 , reflecting an increase in completed mergers and acquisitions transactions . revenues in underwriting were significantly higher compared with 2016 , due to significantly higher revenues in both debt underwriting , primarily reflecting an increase in industry-wide leveraged finance activity , and equity underwriting , reflecting an increase in industry-wide secondary offerings . 52 goldman sachs 2017 form 10-k .
Question: what was the total net revenue in 2017?
Answer: 32073.0
Question: and in 2016?
Answer: 30608.0
Question: so what was the change in this value during these years?
| 1465.0 |
CONVFINQA4033 | Read the following texts and table with financial data from an S&P 500 earnings report 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 goldman sachs group , inc . and subsidiaries management 2019s discussion and analysis net revenues the table below presents our net revenues by line item in the consolidated statements of earnings. . <table class='wikitable'><tr><td>1</td><td>$ in millions</td><td>year ended december 2017</td><td>year ended december 2016</td><td>year ended december 2015</td></tr><tr><td>2</td><td>investment banking</td><td>$ 7371</td><td>$ 6273</td><td>$ 7027</td></tr><tr><td>3</td><td>investment management</td><td>5803</td><td>5407</td><td>5868</td></tr><tr><td>4</td><td>commissions and fees</td><td>3051</td><td>3208</td><td>3320</td></tr><tr><td>5</td><td>market making</td><td>7660</td><td>9933</td><td>9523</td></tr><tr><td>6</td><td>other principal transactions</td><td>5256</td><td>3200</td><td>5018</td></tr><tr><td>7</td><td>totalnon-interestrevenues</td><td>29141</td><td>28021</td><td>30756</td></tr><tr><td>8</td><td>interest income</td><td>13113</td><td>9691</td><td>8452</td></tr><tr><td>9</td><td>interest expense</td><td>10181</td><td>7104</td><td>5388</td></tr><tr><td>10</td><td>net interest income</td><td>2932</td><td>2587</td><td>3064</td></tr><tr><td>11</td><td>total net revenues</td><td>$ 32073</td><td>$ 30608</td><td>$ 33820</td></tr></table> in the table above : 2030 investment banking consists of revenues ( excluding net interest ) from financial advisory and underwriting assignments , as well as derivative transactions directly related to these assignments . these activities are included in our investment banking segment . 2030 investment management consists of revenues ( excluding net interest ) from providing investment management services to a diverse set of clients , as well as wealth advisory services and certain transaction services to high-net-worth individuals and families . these activities are included in our investment management segment . 2030 commissions and fees consists of revenues from executing and clearing client transactions on major stock , options and futures exchanges worldwide , as well as over-the-counter ( otc ) transactions . these activities are included in our institutional client services and investment management segments . 2030 market making consists of revenues ( excluding net interest ) from client execution activities related to making markets in interest rate products , credit products , mortgages , currencies , commodities and equity products . these activities are included in our institutional client services segment . 2030 other principal transactions consists of revenues ( excluding net interest ) from our investing activities and the origination of loans to provide financing to clients . in addition , other principal transactions includes revenues related to our consolidated investments . these activities are included in our investing & lending segment . operating environment . during 2017 , generally higher asset prices and tighter credit spreads were supportive of industry-wide underwriting activities , investment management performance and other principal transactions . however , low levels of volatility in equity , fixed income , currency and commodity markets continued to negatively affect our market-making activities , particularly in fixed income , currency and commodity products . the price of natural gas decreased significantly during 2017 , while the price of oil increased compared with the end of 2016 . if the trend of low volatility continues over the long term and market-making activity levels remain low , or if investment banking activity levels , asset prices or assets under supervision decline , net revenues would likely be negatively impacted . see 201csegment operating results 201d below for further information about the operating environment and material trends and uncertainties that may impact our results of operations . the first half of 2016 included challenging trends in the operating environment for our business activities including concerns and uncertainties about global economic growth , central bank activity and the political uncertainty and economic implications surrounding the potential exit of the u.k . from the e.u . during the second half of 2016 , the operating environment improved , as global equity markets steadily increased and investment grade and high-yield credit spreads tightened . these trends provided a more favorable backdrop for our business activities . 2017 versus 2016 net revenues in the consolidated statements of earnings were $ 32.07 billion for 2017 , 5% ( 5 % ) higher than 2016 , due to significantly higher other principal transactions revenues , and higher investment banking revenues , investment management revenues and net interest income . these increases were partially offset by significantly lower market making revenues and lower commissions and fees . non-interest revenues . investment banking revenues in the consolidated statements of earnings were $ 7.37 billion for 2017 , 18% ( 18 % ) higher than 2016 . revenues in financial advisory were higher compared with 2016 , reflecting an increase in completed mergers and acquisitions transactions . revenues in underwriting were significantly higher compared with 2016 , due to significantly higher revenues in both debt underwriting , primarily reflecting an increase in industry-wide leveraged finance activity , and equity underwriting , reflecting an increase in industry-wide secondary offerings . 52 goldman sachs 2017 form 10-k .
Question: what was the total net revenue in 2017?
Answer: 32073.0
Question: and in 2016?
Answer: 30608.0
Question: so what was the change in this value during these years?
Answer: 1465.0
Question: so what was the growth rate during this time?
| 0.04786 |
CONVFINQA4034 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
liquidity and capital resources the following table summarizes liquidity data as of the dates indicated ( in thousands ) : december 31 , december 31 . <table class='wikitable'><tr><td>1</td><td>-</td><td>december 31 2016</td><td>december 31 2015</td></tr><tr><td>2</td><td>cash and equivalents</td><td>$ 227400</td><td>$ 87397</td></tr><tr><td>3</td><td>total debt ( 1 )</td><td>3365687</td><td>1599695</td></tr><tr><td>4</td><td>current maturities ( 2 )</td><td>68414</td><td>57494</td></tr><tr><td>5</td><td>capacity under credit facilities ( 3 )</td><td>2550000</td><td>1947000</td></tr><tr><td>6</td><td>availability under credit facilities ( 3 )</td><td>1019112</td><td>1337653</td></tr><tr><td>7</td><td>total liquidity ( cash and equivalents plus availability on credit facilities )</td><td>1246512</td><td>1425050</td></tr></table> total debt ( 1 ) 3365687 1599695 current maturities ( 2 ) 68414 57494 capacity under credit facilities ( 3 ) 2550000 1947000 availability under credit facilities ( 3 ) 1019112 1337653 total liquidity ( cash and equivalents plus availability on credit facilities ) 1246512 1425050 ( 1 ) debt amounts reflect the gross values to be repaid ( excluding debt issuance costs of $ 23.9 million and $ 15.0 million as of december 31 , 2016 and 2015 , respectively ) . ( 2 ) debt amounts reflect the gross values to be repaid ( excluding debt issuance costs of $ 2.3 million and $ 1.5 million as of december 31 , 2016 and 2015 , respectively ) . ( 3 ) includes our revolving credit facilities , our receivables securitization facility , and letters of credit . we assess our liquidity in terms of our ability to fund our operations and provide for expansion through both internal development and acquisitions . our primary sources of liquidity are cash flows from operations and our credit facilities . we utilize our cash flows from operations to fund working capital and capital expenditures , with the excess amounts going towards funding acquisitions or paying down outstanding debt . as we have pursued acquisitions as part of our growth strategy , our cash flows from operations have not always been sufficient to cover our investing activities . to fund our acquisitions , we have accessed various forms of debt financing , including revolving credit facilities , senior notes , and a receivables securitization facility . as of december 31 , 2016 , we had debt outstanding and additional available sources of financing , as follows : 2022 senior secured credit facilities maturing in january 2021 , composed of term loans totaling $ 750 million ( $ 732.7 million outstanding at december 31 , 2016 ) and $ 2.45 billion in revolving credit ( $ 1.36 billion outstanding at december 31 , 2016 ) , bearing interest at variable rates ( although a portion of this debt is hedged through interest rate swap contracts ) reduced by $ 72.7 million of amounts outstanding under letters of credit 2022 senior notes totaling $ 600 million , maturing in may 2023 and bearing interest at a 4.75% ( 4.75 % ) fixed rate 2022 euro notes totaling $ 526 million ( 20ac500 million ) , maturing in april 2024 and bearing interest at a 3.875% ( 3.875 % ) fixed rate 2022 receivables securitization facility with availability up to $ 100 million ( $ 100 million outstanding as of december 31 , 2016 ) , maturing in november 2019 and bearing interest at variable commercial paper from time to time , we may undertake financing transactions to increase our available liquidity , such as our january 2016 amendment to our senior secured credit facilities , the issuance of 20ac500 million of euro notes in april 2016 , and the november 2016 amendment to our receivables securitization facility . the rhiag acquisition was the catalyst for the april issuance of 20ac500 million of euro notes . given that rhiag is a long term asset , we considered alternative financing options and decided to fund a portion of this acquisition through the issuance of long term notes . additionally , the interest rates on rhiag's acquired debt ranged between 6.45% ( 6.45 % ) and 7.25% ( 7.25 % ) . with the issuance of the 20ac500 million of senior notes at a rate of 3.875% ( 3.875 % ) , we were able to replace rhiag's borrowings with long term financing at favorable rates . this refinancing also provides financial flexibility to execute our long-term growth strategy by freeing up availability under our revolver . if we see an attractive acquisition opportunity , we have the ability to use our revolver to move quickly and have certainty of funding . as of december 31 , 2016 , we had approximately $ 1.02 billion available under our credit facilities . combined with approximately $ 227.4 million of cash and equivalents at december 31 , 2016 , we had approximately $ 1.25 billion in available liquidity , a decrease of $ 178.5 million from our available liquidity as of december 31 , 2015 . we expect to use the proceeds from the sale of pgw's glass manufacturing business to pay down borrowings under our revolving credit facilities , which would increase our available liquidity by approximately $ 310 million when the transaction closes. .
Question: what is the total debt balance in 2016?
| 3365687.0 |
CONVFINQA4035 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
liquidity and capital resources the following table summarizes liquidity data as of the dates indicated ( in thousands ) : december 31 , december 31 . <table class='wikitable'><tr><td>1</td><td>-</td><td>december 31 2016</td><td>december 31 2015</td></tr><tr><td>2</td><td>cash and equivalents</td><td>$ 227400</td><td>$ 87397</td></tr><tr><td>3</td><td>total debt ( 1 )</td><td>3365687</td><td>1599695</td></tr><tr><td>4</td><td>current maturities ( 2 )</td><td>68414</td><td>57494</td></tr><tr><td>5</td><td>capacity under credit facilities ( 3 )</td><td>2550000</td><td>1947000</td></tr><tr><td>6</td><td>availability under credit facilities ( 3 )</td><td>1019112</td><td>1337653</td></tr><tr><td>7</td><td>total liquidity ( cash and equivalents plus availability on credit facilities )</td><td>1246512</td><td>1425050</td></tr></table> total debt ( 1 ) 3365687 1599695 current maturities ( 2 ) 68414 57494 capacity under credit facilities ( 3 ) 2550000 1947000 availability under credit facilities ( 3 ) 1019112 1337653 total liquidity ( cash and equivalents plus availability on credit facilities ) 1246512 1425050 ( 1 ) debt amounts reflect the gross values to be repaid ( excluding debt issuance costs of $ 23.9 million and $ 15.0 million as of december 31 , 2016 and 2015 , respectively ) . ( 2 ) debt amounts reflect the gross values to be repaid ( excluding debt issuance costs of $ 2.3 million and $ 1.5 million as of december 31 , 2016 and 2015 , respectively ) . ( 3 ) includes our revolving credit facilities , our receivables securitization facility , and letters of credit . we assess our liquidity in terms of our ability to fund our operations and provide for expansion through both internal development and acquisitions . our primary sources of liquidity are cash flows from operations and our credit facilities . we utilize our cash flows from operations to fund working capital and capital expenditures , with the excess amounts going towards funding acquisitions or paying down outstanding debt . as we have pursued acquisitions as part of our growth strategy , our cash flows from operations have not always been sufficient to cover our investing activities . to fund our acquisitions , we have accessed various forms of debt financing , including revolving credit facilities , senior notes , and a receivables securitization facility . as of december 31 , 2016 , we had debt outstanding and additional available sources of financing , as follows : 2022 senior secured credit facilities maturing in january 2021 , composed of term loans totaling $ 750 million ( $ 732.7 million outstanding at december 31 , 2016 ) and $ 2.45 billion in revolving credit ( $ 1.36 billion outstanding at december 31 , 2016 ) , bearing interest at variable rates ( although a portion of this debt is hedged through interest rate swap contracts ) reduced by $ 72.7 million of amounts outstanding under letters of credit 2022 senior notes totaling $ 600 million , maturing in may 2023 and bearing interest at a 4.75% ( 4.75 % ) fixed rate 2022 euro notes totaling $ 526 million ( 20ac500 million ) , maturing in april 2024 and bearing interest at a 3.875% ( 3.875 % ) fixed rate 2022 receivables securitization facility with availability up to $ 100 million ( $ 100 million outstanding as of december 31 , 2016 ) , maturing in november 2019 and bearing interest at variable commercial paper from time to time , we may undertake financing transactions to increase our available liquidity , such as our january 2016 amendment to our senior secured credit facilities , the issuance of 20ac500 million of euro notes in april 2016 , and the november 2016 amendment to our receivables securitization facility . the rhiag acquisition was the catalyst for the april issuance of 20ac500 million of euro notes . given that rhiag is a long term asset , we considered alternative financing options and decided to fund a portion of this acquisition through the issuance of long term notes . additionally , the interest rates on rhiag's acquired debt ranged between 6.45% ( 6.45 % ) and 7.25% ( 7.25 % ) . with the issuance of the 20ac500 million of senior notes at a rate of 3.875% ( 3.875 % ) , we were able to replace rhiag's borrowings with long term financing at favorable rates . this refinancing also provides financial flexibility to execute our long-term growth strategy by freeing up availability under our revolver . if we see an attractive acquisition opportunity , we have the ability to use our revolver to move quickly and have certainty of funding . as of december 31 , 2016 , we had approximately $ 1.02 billion available under our credit facilities . combined with approximately $ 227.4 million of cash and equivalents at december 31 , 2016 , we had approximately $ 1.25 billion in available liquidity , a decrease of $ 178.5 million from our available liquidity as of december 31 , 2015 . we expect to use the proceeds from the sale of pgw's glass manufacturing business to pay down borrowings under our revolving credit facilities , which would increase our available liquidity by approximately $ 310 million when the transaction closes. .
Question: what is the total debt balance in 2016?
Answer: 3365687.0
Question: what about in 2015?
| 1599695.0 |
CONVFINQA4036 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
liquidity and capital resources the following table summarizes liquidity data as of the dates indicated ( in thousands ) : december 31 , december 31 . <table class='wikitable'><tr><td>1</td><td>-</td><td>december 31 2016</td><td>december 31 2015</td></tr><tr><td>2</td><td>cash and equivalents</td><td>$ 227400</td><td>$ 87397</td></tr><tr><td>3</td><td>total debt ( 1 )</td><td>3365687</td><td>1599695</td></tr><tr><td>4</td><td>current maturities ( 2 )</td><td>68414</td><td>57494</td></tr><tr><td>5</td><td>capacity under credit facilities ( 3 )</td><td>2550000</td><td>1947000</td></tr><tr><td>6</td><td>availability under credit facilities ( 3 )</td><td>1019112</td><td>1337653</td></tr><tr><td>7</td><td>total liquidity ( cash and equivalents plus availability on credit facilities )</td><td>1246512</td><td>1425050</td></tr></table> total debt ( 1 ) 3365687 1599695 current maturities ( 2 ) 68414 57494 capacity under credit facilities ( 3 ) 2550000 1947000 availability under credit facilities ( 3 ) 1019112 1337653 total liquidity ( cash and equivalents plus availability on credit facilities ) 1246512 1425050 ( 1 ) debt amounts reflect the gross values to be repaid ( excluding debt issuance costs of $ 23.9 million and $ 15.0 million as of december 31 , 2016 and 2015 , respectively ) . ( 2 ) debt amounts reflect the gross values to be repaid ( excluding debt issuance costs of $ 2.3 million and $ 1.5 million as of december 31 , 2016 and 2015 , respectively ) . ( 3 ) includes our revolving credit facilities , our receivables securitization facility , and letters of credit . we assess our liquidity in terms of our ability to fund our operations and provide for expansion through both internal development and acquisitions . our primary sources of liquidity are cash flows from operations and our credit facilities . we utilize our cash flows from operations to fund working capital and capital expenditures , with the excess amounts going towards funding acquisitions or paying down outstanding debt . as we have pursued acquisitions as part of our growth strategy , our cash flows from operations have not always been sufficient to cover our investing activities . to fund our acquisitions , we have accessed various forms of debt financing , including revolving credit facilities , senior notes , and a receivables securitization facility . as of december 31 , 2016 , we had debt outstanding and additional available sources of financing , as follows : 2022 senior secured credit facilities maturing in january 2021 , composed of term loans totaling $ 750 million ( $ 732.7 million outstanding at december 31 , 2016 ) and $ 2.45 billion in revolving credit ( $ 1.36 billion outstanding at december 31 , 2016 ) , bearing interest at variable rates ( although a portion of this debt is hedged through interest rate swap contracts ) reduced by $ 72.7 million of amounts outstanding under letters of credit 2022 senior notes totaling $ 600 million , maturing in may 2023 and bearing interest at a 4.75% ( 4.75 % ) fixed rate 2022 euro notes totaling $ 526 million ( 20ac500 million ) , maturing in april 2024 and bearing interest at a 3.875% ( 3.875 % ) fixed rate 2022 receivables securitization facility with availability up to $ 100 million ( $ 100 million outstanding as of december 31 , 2016 ) , maturing in november 2019 and bearing interest at variable commercial paper from time to time , we may undertake financing transactions to increase our available liquidity , such as our january 2016 amendment to our senior secured credit facilities , the issuance of 20ac500 million of euro notes in april 2016 , and the november 2016 amendment to our receivables securitization facility . the rhiag acquisition was the catalyst for the april issuance of 20ac500 million of euro notes . given that rhiag is a long term asset , we considered alternative financing options and decided to fund a portion of this acquisition through the issuance of long term notes . additionally , the interest rates on rhiag's acquired debt ranged between 6.45% ( 6.45 % ) and 7.25% ( 7.25 % ) . with the issuance of the 20ac500 million of senior notes at a rate of 3.875% ( 3.875 % ) , we were able to replace rhiag's borrowings with long term financing at favorable rates . this refinancing also provides financial flexibility to execute our long-term growth strategy by freeing up availability under our revolver . if we see an attractive acquisition opportunity , we have the ability to use our revolver to move quickly and have certainty of funding . as of december 31 , 2016 , we had approximately $ 1.02 billion available under our credit facilities . combined with approximately $ 227.4 million of cash and equivalents at december 31 , 2016 , we had approximately $ 1.25 billion in available liquidity , a decrease of $ 178.5 million from our available liquidity as of december 31 , 2015 . we expect to use the proceeds from the sale of pgw's glass manufacturing business to pay down borrowings under our revolving credit facilities , which would increase our available liquidity by approximately $ 310 million when the transaction closes. .
Question: what is the total debt balance in 2016?
Answer: 3365687.0
Question: what about in 2015?
Answer: 1599695.0
Question: what is the net change during 2016?
| 1765992.0 |
CONVFINQA4037 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
liquidity and capital resources the following table summarizes liquidity data as of the dates indicated ( in thousands ) : december 31 , december 31 . <table class='wikitable'><tr><td>1</td><td>-</td><td>december 31 2016</td><td>december 31 2015</td></tr><tr><td>2</td><td>cash and equivalents</td><td>$ 227400</td><td>$ 87397</td></tr><tr><td>3</td><td>total debt ( 1 )</td><td>3365687</td><td>1599695</td></tr><tr><td>4</td><td>current maturities ( 2 )</td><td>68414</td><td>57494</td></tr><tr><td>5</td><td>capacity under credit facilities ( 3 )</td><td>2550000</td><td>1947000</td></tr><tr><td>6</td><td>availability under credit facilities ( 3 )</td><td>1019112</td><td>1337653</td></tr><tr><td>7</td><td>total liquidity ( cash and equivalents plus availability on credit facilities )</td><td>1246512</td><td>1425050</td></tr></table> total debt ( 1 ) 3365687 1599695 current maturities ( 2 ) 68414 57494 capacity under credit facilities ( 3 ) 2550000 1947000 availability under credit facilities ( 3 ) 1019112 1337653 total liquidity ( cash and equivalents plus availability on credit facilities ) 1246512 1425050 ( 1 ) debt amounts reflect the gross values to be repaid ( excluding debt issuance costs of $ 23.9 million and $ 15.0 million as of december 31 , 2016 and 2015 , respectively ) . ( 2 ) debt amounts reflect the gross values to be repaid ( excluding debt issuance costs of $ 2.3 million and $ 1.5 million as of december 31 , 2016 and 2015 , respectively ) . ( 3 ) includes our revolving credit facilities , our receivables securitization facility , and letters of credit . we assess our liquidity in terms of our ability to fund our operations and provide for expansion through both internal development and acquisitions . our primary sources of liquidity are cash flows from operations and our credit facilities . we utilize our cash flows from operations to fund working capital and capital expenditures , with the excess amounts going towards funding acquisitions or paying down outstanding debt . as we have pursued acquisitions as part of our growth strategy , our cash flows from operations have not always been sufficient to cover our investing activities . to fund our acquisitions , we have accessed various forms of debt financing , including revolving credit facilities , senior notes , and a receivables securitization facility . as of december 31 , 2016 , we had debt outstanding and additional available sources of financing , as follows : 2022 senior secured credit facilities maturing in january 2021 , composed of term loans totaling $ 750 million ( $ 732.7 million outstanding at december 31 , 2016 ) and $ 2.45 billion in revolving credit ( $ 1.36 billion outstanding at december 31 , 2016 ) , bearing interest at variable rates ( although a portion of this debt is hedged through interest rate swap contracts ) reduced by $ 72.7 million of amounts outstanding under letters of credit 2022 senior notes totaling $ 600 million , maturing in may 2023 and bearing interest at a 4.75% ( 4.75 % ) fixed rate 2022 euro notes totaling $ 526 million ( 20ac500 million ) , maturing in april 2024 and bearing interest at a 3.875% ( 3.875 % ) fixed rate 2022 receivables securitization facility with availability up to $ 100 million ( $ 100 million outstanding as of december 31 , 2016 ) , maturing in november 2019 and bearing interest at variable commercial paper from time to time , we may undertake financing transactions to increase our available liquidity , such as our january 2016 amendment to our senior secured credit facilities , the issuance of 20ac500 million of euro notes in april 2016 , and the november 2016 amendment to our receivables securitization facility . the rhiag acquisition was the catalyst for the april issuance of 20ac500 million of euro notes . given that rhiag is a long term asset , we considered alternative financing options and decided to fund a portion of this acquisition through the issuance of long term notes . additionally , the interest rates on rhiag's acquired debt ranged between 6.45% ( 6.45 % ) and 7.25% ( 7.25 % ) . with the issuance of the 20ac500 million of senior notes at a rate of 3.875% ( 3.875 % ) , we were able to replace rhiag's borrowings with long term financing at favorable rates . this refinancing also provides financial flexibility to execute our long-term growth strategy by freeing up availability under our revolver . if we see an attractive acquisition opportunity , we have the ability to use our revolver to move quickly and have certainty of funding . as of december 31 , 2016 , we had approximately $ 1.02 billion available under our credit facilities . combined with approximately $ 227.4 million of cash and equivalents at december 31 , 2016 , we had approximately $ 1.25 billion in available liquidity , a decrease of $ 178.5 million from our available liquidity as of december 31 , 2015 . we expect to use the proceeds from the sale of pgw's glass manufacturing business to pay down borrowings under our revolving credit facilities , which would increase our available liquidity by approximately $ 310 million when the transaction closes. .
Question: what is the total debt balance in 2016?
Answer: 3365687.0
Question: what about in 2015?
Answer: 1599695.0
Question: what is the net change during 2016?
Answer: 1765992.0
Question: what about the net change in the balance of cash and equivalents?
| 140003.0 |
CONVFINQA4038 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
each clearing firm is required to deposit and maintain balances in the form of cash , u.s . government securities , certain foreign government securities , bank letters of credit or other approved investments to satisfy performance bond and guaranty fund requirements . all non-cash deposits are marked-to-market and haircut on a daily basis . securities deposited by the clearing firms are not reflected in the consolidated financial statements and the clearing house does not earn any interest on these deposits . these balances may fluctuate significantly over time due to investment choices available to clearing firms and changes in the amount of contributions required . in addition , the rules and regulations of cbot require that collateral be provided for delivery of physical commodities , maintenance of capital requirements and deposits on pending arbitration matters . to satisfy these requirements , clearing firms that have accounts that trade certain cbot products have deposited cash , u.s . treasury securities or letters of credit . the clearing house marks-to-market open positions at least once a day ( twice a day for futures and options contracts ) , and require payment from clearing firms whose positions have lost value and make payments to clearing firms whose positions have gained value . the clearing house has the capability to mark-to-market more frequently as market conditions warrant . under the extremely unlikely scenario of simultaneous default by every clearing firm who has open positions with unrealized losses , the maximum exposure related to positions other than credit default and interest rate swap contracts would be one half day of changes in fair value of all open positions , before considering the clearing houses 2019 ability to access defaulting clearing firms 2019 collateral deposits . for cleared credit default swap and interest rate swap contracts , the maximum exposure related to cme 2019s guarantee would be one full day of changes in fair value of all open positions , before considering cme 2019s ability to access defaulting clearing firms 2019 collateral . during 2017 , the clearing house transferred an average of approximately $ 2.4 billion a day through the clearing system for settlement from clearing firms whose positions had lost value to clearing firms whose positions had gained value . the clearing house reduces the guarantee exposure through initial and maintenance performance bond requirements and mandatory guaranty fund contributions . the company believes that the guarantee liability is immaterial and therefore has not recorded any liability at december 31 , 2017 . at december 31 , 2016 , performance bond and guaranty fund contribution assets on the consolidated balance sheets included cash as well as u.s . treasury and u.s . government agency securities with maturity dates of 90 days or less . the u.s . treasury and u.s . government agency securities were purchased by cme , at its discretion , using cash collateral . the benefits , including interest earned , and risks of ownership accrue to cme . interest earned is included in investment income on the consolidated statements of income . there were no u.s . treasury and u.s . government agency securities held at december 31 , 2017 . the amortized cost and fair value of these securities at december 31 , 2016 were as follows : ( in millions ) amortized . <table class='wikitable'><tr><td>1</td><td>( in millions )</td><td>2016 amortizedcost</td><td>2016 fairvalue</td></tr><tr><td>2</td><td>u.s . treasury securities</td><td>$ 5548.9</td><td>$ 5549.0</td></tr><tr><td>3</td><td>u.s . government agency securities</td><td>1228.3</td><td>1228.3</td></tr></table> cme has been designated as a systemically important financial market utility by the financial stability oversight council and maintains a cash account at the federal reserve bank of chicago . at december 31 , 2017 and december 31 , 2016 , cme maintained $ 34.2 billion and $ 6.2 billion , respectively , within the cash account at the federal reserve bank of chicago . clearing firms , at their option , may instruct cme to deposit the cash held by cme into one of the ief programs . the total principal in the ief programs was $ 1.1 billion at december 31 , 2017 and $ 6.8 billion at december 31 .
Question: what was the total principal in the ief programs in 2017, in billions?
| 1.1 |
CONVFINQA4039 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
each clearing firm is required to deposit and maintain balances in the form of cash , u.s . government securities , certain foreign government securities , bank letters of credit or other approved investments to satisfy performance bond and guaranty fund requirements . all non-cash deposits are marked-to-market and haircut on a daily basis . securities deposited by the clearing firms are not reflected in the consolidated financial statements and the clearing house does not earn any interest on these deposits . these balances may fluctuate significantly over time due to investment choices available to clearing firms and changes in the amount of contributions required . in addition , the rules and regulations of cbot require that collateral be provided for delivery of physical commodities , maintenance of capital requirements and deposits on pending arbitration matters . to satisfy these requirements , clearing firms that have accounts that trade certain cbot products have deposited cash , u.s . treasury securities or letters of credit . the clearing house marks-to-market open positions at least once a day ( twice a day for futures and options contracts ) , and require payment from clearing firms whose positions have lost value and make payments to clearing firms whose positions have gained value . the clearing house has the capability to mark-to-market more frequently as market conditions warrant . under the extremely unlikely scenario of simultaneous default by every clearing firm who has open positions with unrealized losses , the maximum exposure related to positions other than credit default and interest rate swap contracts would be one half day of changes in fair value of all open positions , before considering the clearing houses 2019 ability to access defaulting clearing firms 2019 collateral deposits . for cleared credit default swap and interest rate swap contracts , the maximum exposure related to cme 2019s guarantee would be one full day of changes in fair value of all open positions , before considering cme 2019s ability to access defaulting clearing firms 2019 collateral . during 2017 , the clearing house transferred an average of approximately $ 2.4 billion a day through the clearing system for settlement from clearing firms whose positions had lost value to clearing firms whose positions had gained value . the clearing house reduces the guarantee exposure through initial and maintenance performance bond requirements and mandatory guaranty fund contributions . the company believes that the guarantee liability is immaterial and therefore has not recorded any liability at december 31 , 2017 . at december 31 , 2016 , performance bond and guaranty fund contribution assets on the consolidated balance sheets included cash as well as u.s . treasury and u.s . government agency securities with maturity dates of 90 days or less . the u.s . treasury and u.s . government agency securities were purchased by cme , at its discretion , using cash collateral . the benefits , including interest earned , and risks of ownership accrue to cme . interest earned is included in investment income on the consolidated statements of income . there were no u.s . treasury and u.s . government agency securities held at december 31 , 2017 . the amortized cost and fair value of these securities at december 31 , 2016 were as follows : ( in millions ) amortized . <table class='wikitable'><tr><td>1</td><td>( in millions )</td><td>2016 amortizedcost</td><td>2016 fairvalue</td></tr><tr><td>2</td><td>u.s . treasury securities</td><td>$ 5548.9</td><td>$ 5549.0</td></tr><tr><td>3</td><td>u.s . government agency securities</td><td>1228.3</td><td>1228.3</td></tr></table> cme has been designated as a systemically important financial market utility by the financial stability oversight council and maintains a cash account at the federal reserve bank of chicago . at december 31 , 2017 and december 31 , 2016 , cme maintained $ 34.2 billion and $ 6.2 billion , respectively , within the cash account at the federal reserve bank of chicago . clearing firms , at their option , may instruct cme to deposit the cash held by cme into one of the ief programs . the total principal in the ief programs was $ 1.1 billion at december 31 , 2017 and $ 6.8 billion at december 31 .
Question: what was the total principal in the ief programs in 2017, in billions?
Answer: 1.1
Question: and what was that in 2016, also in bllions?
| 6.8 |
CONVFINQA4040 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
each clearing firm is required to deposit and maintain balances in the form of cash , u.s . government securities , certain foreign government securities , bank letters of credit or other approved investments to satisfy performance bond and guaranty fund requirements . all non-cash deposits are marked-to-market and haircut on a daily basis . securities deposited by the clearing firms are not reflected in the consolidated financial statements and the clearing house does not earn any interest on these deposits . these balances may fluctuate significantly over time due to investment choices available to clearing firms and changes in the amount of contributions required . in addition , the rules and regulations of cbot require that collateral be provided for delivery of physical commodities , maintenance of capital requirements and deposits on pending arbitration matters . to satisfy these requirements , clearing firms that have accounts that trade certain cbot products have deposited cash , u.s . treasury securities or letters of credit . the clearing house marks-to-market open positions at least once a day ( twice a day for futures and options contracts ) , and require payment from clearing firms whose positions have lost value and make payments to clearing firms whose positions have gained value . the clearing house has the capability to mark-to-market more frequently as market conditions warrant . under the extremely unlikely scenario of simultaneous default by every clearing firm who has open positions with unrealized losses , the maximum exposure related to positions other than credit default and interest rate swap contracts would be one half day of changes in fair value of all open positions , before considering the clearing houses 2019 ability to access defaulting clearing firms 2019 collateral deposits . for cleared credit default swap and interest rate swap contracts , the maximum exposure related to cme 2019s guarantee would be one full day of changes in fair value of all open positions , before considering cme 2019s ability to access defaulting clearing firms 2019 collateral . during 2017 , the clearing house transferred an average of approximately $ 2.4 billion a day through the clearing system for settlement from clearing firms whose positions had lost value to clearing firms whose positions had gained value . the clearing house reduces the guarantee exposure through initial and maintenance performance bond requirements and mandatory guaranty fund contributions . the company believes that the guarantee liability is immaterial and therefore has not recorded any liability at december 31 , 2017 . at december 31 , 2016 , performance bond and guaranty fund contribution assets on the consolidated balance sheets included cash as well as u.s . treasury and u.s . government agency securities with maturity dates of 90 days or less . the u.s . treasury and u.s . government agency securities were purchased by cme , at its discretion , using cash collateral . the benefits , including interest earned , and risks of ownership accrue to cme . interest earned is included in investment income on the consolidated statements of income . there were no u.s . treasury and u.s . government agency securities held at december 31 , 2017 . the amortized cost and fair value of these securities at december 31 , 2016 were as follows : ( in millions ) amortized . <table class='wikitable'><tr><td>1</td><td>( in millions )</td><td>2016 amortizedcost</td><td>2016 fairvalue</td></tr><tr><td>2</td><td>u.s . treasury securities</td><td>$ 5548.9</td><td>$ 5549.0</td></tr><tr><td>3</td><td>u.s . government agency securities</td><td>1228.3</td><td>1228.3</td></tr></table> cme has been designated as a systemically important financial market utility by the financial stability oversight council and maintains a cash account at the federal reserve bank of chicago . at december 31 , 2017 and december 31 , 2016 , cme maintained $ 34.2 billion and $ 6.2 billion , respectively , within the cash account at the federal reserve bank of chicago . clearing firms , at their option , may instruct cme to deposit the cash held by cme into one of the ief programs . the total principal in the ief programs was $ 1.1 billion at december 31 , 2017 and $ 6.8 billion at december 31 .
Question: what was the total principal in the ief programs in 2017, in billions?
Answer: 1.1
Question: and what was that in 2016, also in bllions?
Answer: 6.8
Question: what was, then, the total principal in the ief programs for both of those years, in billions?
| 7.9 |
CONVFINQA4041 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
each clearing firm is required to deposit and maintain balances in the form of cash , u.s . government securities , certain foreign government securities , bank letters of credit or other approved investments to satisfy performance bond and guaranty fund requirements . all non-cash deposits are marked-to-market and haircut on a daily basis . securities deposited by the clearing firms are not reflected in the consolidated financial statements and the clearing house does not earn any interest on these deposits . these balances may fluctuate significantly over time due to investment choices available to clearing firms and changes in the amount of contributions required . in addition , the rules and regulations of cbot require that collateral be provided for delivery of physical commodities , maintenance of capital requirements and deposits on pending arbitration matters . to satisfy these requirements , clearing firms that have accounts that trade certain cbot products have deposited cash , u.s . treasury securities or letters of credit . the clearing house marks-to-market open positions at least once a day ( twice a day for futures and options contracts ) , and require payment from clearing firms whose positions have lost value and make payments to clearing firms whose positions have gained value . the clearing house has the capability to mark-to-market more frequently as market conditions warrant . under the extremely unlikely scenario of simultaneous default by every clearing firm who has open positions with unrealized losses , the maximum exposure related to positions other than credit default and interest rate swap contracts would be one half day of changes in fair value of all open positions , before considering the clearing houses 2019 ability to access defaulting clearing firms 2019 collateral deposits . for cleared credit default swap and interest rate swap contracts , the maximum exposure related to cme 2019s guarantee would be one full day of changes in fair value of all open positions , before considering cme 2019s ability to access defaulting clearing firms 2019 collateral . during 2017 , the clearing house transferred an average of approximately $ 2.4 billion a day through the clearing system for settlement from clearing firms whose positions had lost value to clearing firms whose positions had gained value . the clearing house reduces the guarantee exposure through initial and maintenance performance bond requirements and mandatory guaranty fund contributions . the company believes that the guarantee liability is immaterial and therefore has not recorded any liability at december 31 , 2017 . at december 31 , 2016 , performance bond and guaranty fund contribution assets on the consolidated balance sheets included cash as well as u.s . treasury and u.s . government agency securities with maturity dates of 90 days or less . the u.s . treasury and u.s . government agency securities were purchased by cme , at its discretion , using cash collateral . the benefits , including interest earned , and risks of ownership accrue to cme . interest earned is included in investment income on the consolidated statements of income . there were no u.s . treasury and u.s . government agency securities held at december 31 , 2017 . the amortized cost and fair value of these securities at december 31 , 2016 were as follows : ( in millions ) amortized . <table class='wikitable'><tr><td>1</td><td>( in millions )</td><td>2016 amortizedcost</td><td>2016 fairvalue</td></tr><tr><td>2</td><td>u.s . treasury securities</td><td>$ 5548.9</td><td>$ 5549.0</td></tr><tr><td>3</td><td>u.s . government agency securities</td><td>1228.3</td><td>1228.3</td></tr></table> cme has been designated as a systemically important financial market utility by the financial stability oversight council and maintains a cash account at the federal reserve bank of chicago . at december 31 , 2017 and december 31 , 2016 , cme maintained $ 34.2 billion and $ 6.2 billion , respectively , within the cash account at the federal reserve bank of chicago . clearing firms , at their option , may instruct cme to deposit the cash held by cme into one of the ief programs . the total principal in the ief programs was $ 1.1 billion at december 31 , 2017 and $ 6.8 billion at december 31 .
Question: what was the total principal in the ief programs in 2017, in billions?
Answer: 1.1
Question: and what was that in 2016, also in bllions?
Answer: 6.8
Question: what was, then, the total principal in the ief programs for both of those years, in billions?
Answer: 7.9
Question: and what is, in billlions, the average between them?
| 3.95 |
CONVFINQA4042 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
from time to time , we may elect to use foreign currency forward contracts to reduce the risk from exchange rate fluctuations on intercompany transactions and projected inventory purchases for our european and canadian subsidiaries . in addition , we may elect to enter into foreign currency forward contracts to reduce the risk associated with foreign currency exchange rate fluctuations on pound sterling denominated balance sheet items . we do not enter into derivative financial instruments for speculative or trading purposes . based on the foreign currency forward contracts outstanding as of december 31 , 2011 , we receive u.s . dollars in exchange for canadian dollars at a weighted average contractual forward foreign currency exchange rate of 1.03 cad per $ 1.00 , u.s . dollars in exchange for euros at a weighted average contractual foreign currency exchange rate of 20ac0.77 per $ 1.00 and euros in exchange for pounds sterling at a weighted average contractual foreign currency exchange rate of a30.84 per 20ac1.00 . as of december 31 , 2011 , the notional value of our outstanding foreign currency forward contracts for our canadian subsidiary was $ 51.1 million with contract maturities of 1 month or less , and the notional value of our outstanding foreign currency forward contracts for our european subsidiary was $ 50.0 million with contract maturities of 1 month . as of december 31 , 2011 , the notional value of our outstanding foreign currency forward contract used to mitigate the foreign currency exchange rate fluctuations on pound sterling denominated balance sheet items was 20ac10.5 million , or $ 13.6 million , with a contract maturity of 1 month . the foreign currency forward contracts are not designated as cash flow hedges , and accordingly , changes in their fair value are recorded in other expense , net on the consolidated statements of income . the fair values of our foreign currency forward contracts were liabilities of $ 0.7 million and $ 0.6 million as of december 31 , 2011 and 2010 , respectively , and were included in accrued expenses on the consolidated balance sheet . refer to note 10 to the consolidated financial statements for a discussion of the fair value measurements . included in other expense , net were the following amounts related to changes in foreign currency exchange rates and derivative foreign currency forward contracts: . <table class='wikitable'><tr><td>1</td><td>year ended december 31 , ( in thousands )</td><td>year ended december 31 , 2011</td><td>year ended december 31 , 2010</td><td>2009</td></tr><tr><td>2</td><td>unrealized foreign currency exchange rate gains ( losses )</td><td>$ -4027 ( 4027 )</td><td>$ -1280 ( 1280 )</td><td>$ 5222</td></tr><tr><td>3</td><td>realized foreign currency exchange rate gains ( losses )</td><td>298</td><td>-2638 ( 2638 )</td><td>-261 ( 261 )</td></tr><tr><td>4</td><td>unrealized derivative losses</td><td>-31 ( 31 )</td><td>-809 ( 809 )</td><td>-1060 ( 1060 )</td></tr><tr><td>5</td><td>realized derivative gains ( losses )</td><td>1696</td><td>3549</td><td>-4412 ( 4412 )</td></tr></table> we enter into foreign currency forward contracts with major financial institutions with investment grade credit ratings and are exposed to credit losses in the event of non-performance by these financial institutions . this credit risk is generally limited to the unrealized gains in the foreign currency forward contracts . however , we monitor the credit quality of these financial institutions and consider the risk of counterparty default to be minimal . although we have entered into foreign currency forward contracts to minimize some of the impact of foreign currency exchange rate fluctuations on future cash flows , we cannot be assured that foreign currency exchange rate fluctuations will not have a material adverse impact on our financial condition and results of operations . inflation inflationary factors such as increases in the cost of our product and overhead costs may adversely affect our operating results . although we do not believe that inflation has had a material impact on our financial position or results of operations to date , a high rate of inflation in the future may have an adverse effect on our ability to maintain current levels of gross margin and selling , general and administrative expenses as a percentage of net revenues if the selling prices of our products do not increase with these increased costs. .
Question: what was the total of unrealized foreign currency exchange rate gains ( losses ) in the year of 2011, in thousands?
| -4027.0 |
CONVFINQA4043 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
from time to time , we may elect to use foreign currency forward contracts to reduce the risk from exchange rate fluctuations on intercompany transactions and projected inventory purchases for our european and canadian subsidiaries . in addition , we may elect to enter into foreign currency forward contracts to reduce the risk associated with foreign currency exchange rate fluctuations on pound sterling denominated balance sheet items . we do not enter into derivative financial instruments for speculative or trading purposes . based on the foreign currency forward contracts outstanding as of december 31 , 2011 , we receive u.s . dollars in exchange for canadian dollars at a weighted average contractual forward foreign currency exchange rate of 1.03 cad per $ 1.00 , u.s . dollars in exchange for euros at a weighted average contractual foreign currency exchange rate of 20ac0.77 per $ 1.00 and euros in exchange for pounds sterling at a weighted average contractual foreign currency exchange rate of a30.84 per 20ac1.00 . as of december 31 , 2011 , the notional value of our outstanding foreign currency forward contracts for our canadian subsidiary was $ 51.1 million with contract maturities of 1 month or less , and the notional value of our outstanding foreign currency forward contracts for our european subsidiary was $ 50.0 million with contract maturities of 1 month . as of december 31 , 2011 , the notional value of our outstanding foreign currency forward contract used to mitigate the foreign currency exchange rate fluctuations on pound sterling denominated balance sheet items was 20ac10.5 million , or $ 13.6 million , with a contract maturity of 1 month . the foreign currency forward contracts are not designated as cash flow hedges , and accordingly , changes in their fair value are recorded in other expense , net on the consolidated statements of income . the fair values of our foreign currency forward contracts were liabilities of $ 0.7 million and $ 0.6 million as of december 31 , 2011 and 2010 , respectively , and were included in accrued expenses on the consolidated balance sheet . refer to note 10 to the consolidated financial statements for a discussion of the fair value measurements . included in other expense , net were the following amounts related to changes in foreign currency exchange rates and derivative foreign currency forward contracts: . <table class='wikitable'><tr><td>1</td><td>year ended december 31 , ( in thousands )</td><td>year ended december 31 , 2011</td><td>year ended december 31 , 2010</td><td>2009</td></tr><tr><td>2</td><td>unrealized foreign currency exchange rate gains ( losses )</td><td>$ -4027 ( 4027 )</td><td>$ -1280 ( 1280 )</td><td>$ 5222</td></tr><tr><td>3</td><td>realized foreign currency exchange rate gains ( losses )</td><td>298</td><td>-2638 ( 2638 )</td><td>-261 ( 261 )</td></tr><tr><td>4</td><td>unrealized derivative losses</td><td>-31 ( 31 )</td><td>-809 ( 809 )</td><td>-1060 ( 1060 )</td></tr><tr><td>5</td><td>realized derivative gains ( losses )</td><td>1696</td><td>3549</td><td>-4412 ( 4412 )</td></tr></table> we enter into foreign currency forward contracts with major financial institutions with investment grade credit ratings and are exposed to credit losses in the event of non-performance by these financial institutions . this credit risk is generally limited to the unrealized gains in the foreign currency forward contracts . however , we monitor the credit quality of these financial institutions and consider the risk of counterparty default to be minimal . although we have entered into foreign currency forward contracts to minimize some of the impact of foreign currency exchange rate fluctuations on future cash flows , we cannot be assured that foreign currency exchange rate fluctuations will not have a material adverse impact on our financial condition and results of operations . inflation inflationary factors such as increases in the cost of our product and overhead costs may adversely affect our operating results . although we do not believe that inflation has had a material impact on our financial position or results of operations to date , a high rate of inflation in the future may have an adverse effect on our ability to maintain current levels of gross margin and selling , general and administrative expenses as a percentage of net revenues if the selling prices of our products do not increase with these increased costs. .
Question: what was the total of unrealized foreign currency exchange rate gains ( losses ) in the year of 2011, in thousands?
Answer: -4027.0
Question: and what was that in 2010, also in thousands?
| -1280.0 |
CONVFINQA4044 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
from time to time , we may elect to use foreign currency forward contracts to reduce the risk from exchange rate fluctuations on intercompany transactions and projected inventory purchases for our european and canadian subsidiaries . in addition , we may elect to enter into foreign currency forward contracts to reduce the risk associated with foreign currency exchange rate fluctuations on pound sterling denominated balance sheet items . we do not enter into derivative financial instruments for speculative or trading purposes . based on the foreign currency forward contracts outstanding as of december 31 , 2011 , we receive u.s . dollars in exchange for canadian dollars at a weighted average contractual forward foreign currency exchange rate of 1.03 cad per $ 1.00 , u.s . dollars in exchange for euros at a weighted average contractual foreign currency exchange rate of 20ac0.77 per $ 1.00 and euros in exchange for pounds sterling at a weighted average contractual foreign currency exchange rate of a30.84 per 20ac1.00 . as of december 31 , 2011 , the notional value of our outstanding foreign currency forward contracts for our canadian subsidiary was $ 51.1 million with contract maturities of 1 month or less , and the notional value of our outstanding foreign currency forward contracts for our european subsidiary was $ 50.0 million with contract maturities of 1 month . as of december 31 , 2011 , the notional value of our outstanding foreign currency forward contract used to mitigate the foreign currency exchange rate fluctuations on pound sterling denominated balance sheet items was 20ac10.5 million , or $ 13.6 million , with a contract maturity of 1 month . the foreign currency forward contracts are not designated as cash flow hedges , and accordingly , changes in their fair value are recorded in other expense , net on the consolidated statements of income . the fair values of our foreign currency forward contracts were liabilities of $ 0.7 million and $ 0.6 million as of december 31 , 2011 and 2010 , respectively , and were included in accrued expenses on the consolidated balance sheet . refer to note 10 to the consolidated financial statements for a discussion of the fair value measurements . included in other expense , net were the following amounts related to changes in foreign currency exchange rates and derivative foreign currency forward contracts: . <table class='wikitable'><tr><td>1</td><td>year ended december 31 , ( in thousands )</td><td>year ended december 31 , 2011</td><td>year ended december 31 , 2010</td><td>2009</td></tr><tr><td>2</td><td>unrealized foreign currency exchange rate gains ( losses )</td><td>$ -4027 ( 4027 )</td><td>$ -1280 ( 1280 )</td><td>$ 5222</td></tr><tr><td>3</td><td>realized foreign currency exchange rate gains ( losses )</td><td>298</td><td>-2638 ( 2638 )</td><td>-261 ( 261 )</td></tr><tr><td>4</td><td>unrealized derivative losses</td><td>-31 ( 31 )</td><td>-809 ( 809 )</td><td>-1060 ( 1060 )</td></tr><tr><td>5</td><td>realized derivative gains ( losses )</td><td>1696</td><td>3549</td><td>-4412 ( 4412 )</td></tr></table> we enter into foreign currency forward contracts with major financial institutions with investment grade credit ratings and are exposed to credit losses in the event of non-performance by these financial institutions . this credit risk is generally limited to the unrealized gains in the foreign currency forward contracts . however , we monitor the credit quality of these financial institutions and consider the risk of counterparty default to be minimal . although we have entered into foreign currency forward contracts to minimize some of the impact of foreign currency exchange rate fluctuations on future cash flows , we cannot be assured that foreign currency exchange rate fluctuations will not have a material adverse impact on our financial condition and results of operations . inflation inflationary factors such as increases in the cost of our product and overhead costs may adversely affect our operating results . although we do not believe that inflation has had a material impact on our financial position or results of operations to date , a high rate of inflation in the future may have an adverse effect on our ability to maintain current levels of gross margin and selling , general and administrative expenses as a percentage of net revenues if the selling prices of our products do not increase with these increased costs. .
Question: what was the total of unrealized foreign currency exchange rate gains ( losses ) in the year of 2011, in thousands?
Answer: -4027.0
Question: and what was that in 2010, also in thousands?
Answer: -1280.0
Question: what was, then, in thousands, the change in unrealized foreign currency exchange rate gains ( losses ) from 2010 to 2011?
| -2747.0 |
CONVFINQA4045 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
from time to time , we may elect to use foreign currency forward contracts to reduce the risk from exchange rate fluctuations on intercompany transactions and projected inventory purchases for our european and canadian subsidiaries . in addition , we may elect to enter into foreign currency forward contracts to reduce the risk associated with foreign currency exchange rate fluctuations on pound sterling denominated balance sheet items . we do not enter into derivative financial instruments for speculative or trading purposes . based on the foreign currency forward contracts outstanding as of december 31 , 2011 , we receive u.s . dollars in exchange for canadian dollars at a weighted average contractual forward foreign currency exchange rate of 1.03 cad per $ 1.00 , u.s . dollars in exchange for euros at a weighted average contractual foreign currency exchange rate of 20ac0.77 per $ 1.00 and euros in exchange for pounds sterling at a weighted average contractual foreign currency exchange rate of a30.84 per 20ac1.00 . as of december 31 , 2011 , the notional value of our outstanding foreign currency forward contracts for our canadian subsidiary was $ 51.1 million with contract maturities of 1 month or less , and the notional value of our outstanding foreign currency forward contracts for our european subsidiary was $ 50.0 million with contract maturities of 1 month . as of december 31 , 2011 , the notional value of our outstanding foreign currency forward contract used to mitigate the foreign currency exchange rate fluctuations on pound sterling denominated balance sheet items was 20ac10.5 million , or $ 13.6 million , with a contract maturity of 1 month . the foreign currency forward contracts are not designated as cash flow hedges , and accordingly , changes in their fair value are recorded in other expense , net on the consolidated statements of income . the fair values of our foreign currency forward contracts were liabilities of $ 0.7 million and $ 0.6 million as of december 31 , 2011 and 2010 , respectively , and were included in accrued expenses on the consolidated balance sheet . refer to note 10 to the consolidated financial statements for a discussion of the fair value measurements . included in other expense , net were the following amounts related to changes in foreign currency exchange rates and derivative foreign currency forward contracts: . <table class='wikitable'><tr><td>1</td><td>year ended december 31 , ( in thousands )</td><td>year ended december 31 , 2011</td><td>year ended december 31 , 2010</td><td>2009</td></tr><tr><td>2</td><td>unrealized foreign currency exchange rate gains ( losses )</td><td>$ -4027 ( 4027 )</td><td>$ -1280 ( 1280 )</td><td>$ 5222</td></tr><tr><td>3</td><td>realized foreign currency exchange rate gains ( losses )</td><td>298</td><td>-2638 ( 2638 )</td><td>-261 ( 261 )</td></tr><tr><td>4</td><td>unrealized derivative losses</td><td>-31 ( 31 )</td><td>-809 ( 809 )</td><td>-1060 ( 1060 )</td></tr><tr><td>5</td><td>realized derivative gains ( losses )</td><td>1696</td><td>3549</td><td>-4412 ( 4412 )</td></tr></table> we enter into foreign currency forward contracts with major financial institutions with investment grade credit ratings and are exposed to credit losses in the event of non-performance by these financial institutions . this credit risk is generally limited to the unrealized gains in the foreign currency forward contracts . however , we monitor the credit quality of these financial institutions and consider the risk of counterparty default to be minimal . although we have entered into foreign currency forward contracts to minimize some of the impact of foreign currency exchange rate fluctuations on future cash flows , we cannot be assured that foreign currency exchange rate fluctuations will not have a material adverse impact on our financial condition and results of operations . inflation inflationary factors such as increases in the cost of our product and overhead costs may adversely affect our operating results . although we do not believe that inflation has had a material impact on our financial position or results of operations to date , a high rate of inflation in the future may have an adverse effect on our ability to maintain current levels of gross margin and selling , general and administrative expenses as a percentage of net revenues if the selling prices of our products do not increase with these increased costs. .
Question: what was the total of unrealized foreign currency exchange rate gains ( losses ) in the year of 2011, in thousands?
Answer: -4027.0
Question: and what was that in 2010, also in thousands?
Answer: -1280.0
Question: what was, then, in thousands, the change in unrealized foreign currency exchange rate gains ( losses ) from 2010 to 2011?
Answer: -2747.0
Question: what was the total of unrealized foreign currency exchange rate gains ( losses ) in the year of 2010, in thousands?
| -1280.0 |
CONVFINQA4046 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
from time to time , we may elect to use foreign currency forward contracts to reduce the risk from exchange rate fluctuations on intercompany transactions and projected inventory purchases for our european and canadian subsidiaries . in addition , we may elect to enter into foreign currency forward contracts to reduce the risk associated with foreign currency exchange rate fluctuations on pound sterling denominated balance sheet items . we do not enter into derivative financial instruments for speculative or trading purposes . based on the foreign currency forward contracts outstanding as of december 31 , 2011 , we receive u.s . dollars in exchange for canadian dollars at a weighted average contractual forward foreign currency exchange rate of 1.03 cad per $ 1.00 , u.s . dollars in exchange for euros at a weighted average contractual foreign currency exchange rate of 20ac0.77 per $ 1.00 and euros in exchange for pounds sterling at a weighted average contractual foreign currency exchange rate of a30.84 per 20ac1.00 . as of december 31 , 2011 , the notional value of our outstanding foreign currency forward contracts for our canadian subsidiary was $ 51.1 million with contract maturities of 1 month or less , and the notional value of our outstanding foreign currency forward contracts for our european subsidiary was $ 50.0 million with contract maturities of 1 month . as of december 31 , 2011 , the notional value of our outstanding foreign currency forward contract used to mitigate the foreign currency exchange rate fluctuations on pound sterling denominated balance sheet items was 20ac10.5 million , or $ 13.6 million , with a contract maturity of 1 month . the foreign currency forward contracts are not designated as cash flow hedges , and accordingly , changes in their fair value are recorded in other expense , net on the consolidated statements of income . the fair values of our foreign currency forward contracts were liabilities of $ 0.7 million and $ 0.6 million as of december 31 , 2011 and 2010 , respectively , and were included in accrued expenses on the consolidated balance sheet . refer to note 10 to the consolidated financial statements for a discussion of the fair value measurements . included in other expense , net were the following amounts related to changes in foreign currency exchange rates and derivative foreign currency forward contracts: . <table class='wikitable'><tr><td>1</td><td>year ended december 31 , ( in thousands )</td><td>year ended december 31 , 2011</td><td>year ended december 31 , 2010</td><td>2009</td></tr><tr><td>2</td><td>unrealized foreign currency exchange rate gains ( losses )</td><td>$ -4027 ( 4027 )</td><td>$ -1280 ( 1280 )</td><td>$ 5222</td></tr><tr><td>3</td><td>realized foreign currency exchange rate gains ( losses )</td><td>298</td><td>-2638 ( 2638 )</td><td>-261 ( 261 )</td></tr><tr><td>4</td><td>unrealized derivative losses</td><td>-31 ( 31 )</td><td>-809 ( 809 )</td><td>-1060 ( 1060 )</td></tr><tr><td>5</td><td>realized derivative gains ( losses )</td><td>1696</td><td>3549</td><td>-4412 ( 4412 )</td></tr></table> we enter into foreign currency forward contracts with major financial institutions with investment grade credit ratings and are exposed to credit losses in the event of non-performance by these financial institutions . this credit risk is generally limited to the unrealized gains in the foreign currency forward contracts . however , we monitor the credit quality of these financial institutions and consider the risk of counterparty default to be minimal . although we have entered into foreign currency forward contracts to minimize some of the impact of foreign currency exchange rate fluctuations on future cash flows , we cannot be assured that foreign currency exchange rate fluctuations will not have a material adverse impact on our financial condition and results of operations . inflation inflationary factors such as increases in the cost of our product and overhead costs may adversely affect our operating results . although we do not believe that inflation has had a material impact on our financial position or results of operations to date , a high rate of inflation in the future may have an adverse effect on our ability to maintain current levels of gross margin and selling , general and administrative expenses as a percentage of net revenues if the selling prices of our products do not increase with these increased costs. .
Question: what was the total of unrealized foreign currency exchange rate gains ( losses ) in the year of 2011, in thousands?
Answer: -4027.0
Question: and what was that in 2010, also in thousands?
Answer: -1280.0
Question: what was, then, in thousands, the change in unrealized foreign currency exchange rate gains ( losses ) from 2010 to 2011?
Answer: -2747.0
Question: what was the total of unrealized foreign currency exchange rate gains ( losses ) in the year of 2010, in thousands?
Answer: -1280.0
Question: how much, then, does that change represent in relation to this 2010 total, in percentage?
| 2.14609 |
CONVFINQA4047 | Read the following texts and table with financial data from an S&P 500 earnings report 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 february 2008 , we issued $ 300.0 million of 8.375% ( 8.375 % ) series o cumulative redeemable preferred shares . the indentures ( and related supplemental indentures ) governing our outstanding series of notes also require us to comply with financial ratios and other covenants regarding our operations . we were in compliance with all such covenants as of december 31 , 2007 . sale of real estate assets we utilize sales of real estate assets as an additional source of liquidity . we pursue opportunities to sell real estate assets at favorable prices to capture value created by us as well as to improve the overall quality of our portfolio by recycling sale proceeds into new properties with greater value creation opportunities . uses of liquidity our principal uses of liquidity include the following : 2022 property investments ; 2022 recurring leasing/capital costs ; 2022 dividends and distributions to shareholders and unitholders ; 2022 long-term debt maturities ; and 2022 other contractual obligations property investments we evaluate development and acquisition opportunities based upon market outlook , supply and long-term growth potential . recurring expenditures one of our principal uses of our liquidity is to fund the recurring leasing/capital expenditures of our real estate investments . the following is a summary of our recurring capital expenditures for the years ended december 31 , 2007 , 2006 and 2005 , respectively ( in thousands ) : . <table class='wikitable'><tr><td>1</td><td>-</td><td>2007</td><td>2006</td><td>2005</td></tr><tr><td>2</td><td>recurring tenant improvements</td><td>$ 45296</td><td>$ 41895</td><td>$ 60633</td></tr><tr><td>3</td><td>recurring leasing costs</td><td>32238</td><td>32983</td><td>33175</td></tr><tr><td>4</td><td>building improvements</td><td>8402</td><td>8122</td><td>15232</td></tr><tr><td>5</td><td>totals</td><td>$ 85936</td><td>$ 83000</td><td>$ 109040</td></tr></table> dividends and distributions in order to qualify as a reit for federal income tax purposes , we must currently distribute at least 90% ( 90 % ) of our taxable income to shareholders . we paid dividends per share of $ 1.91 , $ 1.89 and $ 1.87 for the years ended december 31 , 2007 , 2006 and 2005 , respectively . we also paid a one-time special dividend of $ 1.05 per share in 2005 as a result of the significant gain realized from an industrial portfolio sale . we expect to continue to distribute taxable earnings to meet the requirements to maintain our reit status . however , distributions are declared at the discretion of our board of directors and are subject to actual cash available for distribution , our financial condition , capital requirements and such other factors as our board of directors deems relevant . debt maturities debt outstanding at december 31 , 2007 totaled $ 4.3 billion with a weighted average interest rate of 5.74% ( 5.74 % ) maturing at various dates through 2028 . we had $ 3.2 billion of unsecured notes , $ 546.1 million outstanding on our unsecured lines of credit and $ 524.4 million of secured debt outstanding at december 31 , 2007 . scheduled principal amortization and maturities of such debt totaled $ 249.8 million for the year ended december 31 , 2007 and $ 146.4 million of secured debt was transferred to unconsolidated subsidiaries in connection with the contribution of properties in 2007. .
Question: what is the increase in dividends per share from 2006 to 2007?
| 0.02 |
CONVFINQA4048 | Read the following texts and table with financial data from an S&P 500 earnings report 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 february 2008 , we issued $ 300.0 million of 8.375% ( 8.375 % ) series o cumulative redeemable preferred shares . the indentures ( and related supplemental indentures ) governing our outstanding series of notes also require us to comply with financial ratios and other covenants regarding our operations . we were in compliance with all such covenants as of december 31 , 2007 . sale of real estate assets we utilize sales of real estate assets as an additional source of liquidity . we pursue opportunities to sell real estate assets at favorable prices to capture value created by us as well as to improve the overall quality of our portfolio by recycling sale proceeds into new properties with greater value creation opportunities . uses of liquidity our principal uses of liquidity include the following : 2022 property investments ; 2022 recurring leasing/capital costs ; 2022 dividends and distributions to shareholders and unitholders ; 2022 long-term debt maturities ; and 2022 other contractual obligations property investments we evaluate development and acquisition opportunities based upon market outlook , supply and long-term growth potential . recurring expenditures one of our principal uses of our liquidity is to fund the recurring leasing/capital expenditures of our real estate investments . the following is a summary of our recurring capital expenditures for the years ended december 31 , 2007 , 2006 and 2005 , respectively ( in thousands ) : . <table class='wikitable'><tr><td>1</td><td>-</td><td>2007</td><td>2006</td><td>2005</td></tr><tr><td>2</td><td>recurring tenant improvements</td><td>$ 45296</td><td>$ 41895</td><td>$ 60633</td></tr><tr><td>3</td><td>recurring leasing costs</td><td>32238</td><td>32983</td><td>33175</td></tr><tr><td>4</td><td>building improvements</td><td>8402</td><td>8122</td><td>15232</td></tr><tr><td>5</td><td>totals</td><td>$ 85936</td><td>$ 83000</td><td>$ 109040</td></tr></table> dividends and distributions in order to qualify as a reit for federal income tax purposes , we must currently distribute at least 90% ( 90 % ) of our taxable income to shareholders . we paid dividends per share of $ 1.91 , $ 1.89 and $ 1.87 for the years ended december 31 , 2007 , 2006 and 2005 , respectively . we also paid a one-time special dividend of $ 1.05 per share in 2005 as a result of the significant gain realized from an industrial portfolio sale . we expect to continue to distribute taxable earnings to meet the requirements to maintain our reit status . however , distributions are declared at the discretion of our board of directors and are subject to actual cash available for distribution , our financial condition , capital requirements and such other factors as our board of directors deems relevant . debt maturities debt outstanding at december 31 , 2007 totaled $ 4.3 billion with a weighted average interest rate of 5.74% ( 5.74 % ) maturing at various dates through 2028 . we had $ 3.2 billion of unsecured notes , $ 546.1 million outstanding on our unsecured lines of credit and $ 524.4 million of secured debt outstanding at december 31 , 2007 . scheduled principal amortization and maturities of such debt totaled $ 249.8 million for the year ended december 31 , 2007 and $ 146.4 million of secured debt was transferred to unconsolidated subsidiaries in connection with the contribution of properties in 2007. .
Question: what is the increase in dividends per share from 2006 to 2007?
Answer: 0.02
Question: what is the dividends per share in 2006?
| 1.89 |
CONVFINQA4049 | Read the following texts and table with financial data from an S&P 500 earnings report 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 february 2008 , we issued $ 300.0 million of 8.375% ( 8.375 % ) series o cumulative redeemable preferred shares . the indentures ( and related supplemental indentures ) governing our outstanding series of notes also require us to comply with financial ratios and other covenants regarding our operations . we were in compliance with all such covenants as of december 31 , 2007 . sale of real estate assets we utilize sales of real estate assets as an additional source of liquidity . we pursue opportunities to sell real estate assets at favorable prices to capture value created by us as well as to improve the overall quality of our portfolio by recycling sale proceeds into new properties with greater value creation opportunities . uses of liquidity our principal uses of liquidity include the following : 2022 property investments ; 2022 recurring leasing/capital costs ; 2022 dividends and distributions to shareholders and unitholders ; 2022 long-term debt maturities ; and 2022 other contractual obligations property investments we evaluate development and acquisition opportunities based upon market outlook , supply and long-term growth potential . recurring expenditures one of our principal uses of our liquidity is to fund the recurring leasing/capital expenditures of our real estate investments . the following is a summary of our recurring capital expenditures for the years ended december 31 , 2007 , 2006 and 2005 , respectively ( in thousands ) : . <table class='wikitable'><tr><td>1</td><td>-</td><td>2007</td><td>2006</td><td>2005</td></tr><tr><td>2</td><td>recurring tenant improvements</td><td>$ 45296</td><td>$ 41895</td><td>$ 60633</td></tr><tr><td>3</td><td>recurring leasing costs</td><td>32238</td><td>32983</td><td>33175</td></tr><tr><td>4</td><td>building improvements</td><td>8402</td><td>8122</td><td>15232</td></tr><tr><td>5</td><td>totals</td><td>$ 85936</td><td>$ 83000</td><td>$ 109040</td></tr></table> dividends and distributions in order to qualify as a reit for federal income tax purposes , we must currently distribute at least 90% ( 90 % ) of our taxable income to shareholders . we paid dividends per share of $ 1.91 , $ 1.89 and $ 1.87 for the years ended december 31 , 2007 , 2006 and 2005 , respectively . we also paid a one-time special dividend of $ 1.05 per share in 2005 as a result of the significant gain realized from an industrial portfolio sale . we expect to continue to distribute taxable earnings to meet the requirements to maintain our reit status . however , distributions are declared at the discretion of our board of directors and are subject to actual cash available for distribution , our financial condition , capital requirements and such other factors as our board of directors deems relevant . debt maturities debt outstanding at december 31 , 2007 totaled $ 4.3 billion with a weighted average interest rate of 5.74% ( 5.74 % ) maturing at various dates through 2028 . we had $ 3.2 billion of unsecured notes , $ 546.1 million outstanding on our unsecured lines of credit and $ 524.4 million of secured debt outstanding at december 31 , 2007 . scheduled principal amortization and maturities of such debt totaled $ 249.8 million for the year ended december 31 , 2007 and $ 146.4 million of secured debt was transferred to unconsolidated subsidiaries in connection with the contribution of properties in 2007. .
Question: what is the increase in dividends per share from 2006 to 2007?
Answer: 0.02
Question: what is the dividends per share in 2006?
Answer: 1.89
Question: what percentage change does this represent?
| 0.01058 |
CONVFINQA4050 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
stock performance graph the following graph sets forth the cumulative total shareholder return on our series a common stock , series b common stock and series c common stock as compared with the cumulative total return of the companies listed in the standard and poor 2019s 500 stock index ( 201cs&p 500 index 201d ) and a peer group of companies comprised of cbs corporation class b common stock , news corporation class a common stock , scripps network interactive , inc. , time warner , inc. , viacom , inc . class b common stock and the walt disney company . the graph assumes $ 100 originally invested on september 18 , 2008 , the date upon which our common stock began trading , in each of our series a common stock , series b common stock and series c common stock , the s&p 500 index , and the stock of our peer group companies , including reinvestment of dividends , for the period september 18 , 2008 through december 31 , 2008 and the years ended december 31 , 2009 , 2010 , 2011 , and 2012 . december 31 , december 31 , december 31 , december 31 , december 31 . <table class='wikitable'><tr><td>1</td><td>-</td><td>december 312008</td><td>december 312009</td><td>december 312010</td><td>december 312011</td><td>december 312012</td></tr><tr><td>2</td><td>disca</td><td>$ 102.53</td><td>$ 222.09</td><td>$ 301.96</td><td>$ 296.67</td><td>$ 459.67</td></tr><tr><td>3</td><td>discb</td><td>$ 78.53</td><td>$ 162.82</td><td>$ 225.95</td><td>$ 217.56</td><td>$ 327.11</td></tr><tr><td>4</td><td>disck</td><td>$ 83.69</td><td>$ 165.75</td><td>$ 229.31</td><td>$ 235.63</td><td>$ 365.63</td></tr><tr><td>5</td><td>s&p 500</td><td>$ 74.86</td><td>$ 92.42</td><td>$ 104.24</td><td>$ 104.23</td><td>$ 118.21</td></tr><tr><td>6</td><td>peer group</td><td>$ 68.79</td><td>$ 100.70</td><td>$ 121.35</td><td>$ 138.19</td><td>$ 190.58</td></tr></table> equity compensation plan information information regarding securities authorized for issuance under equity compensation plans will be set forth in our definitive proxy statement for our 2013 annual meeting of stockholders under the caption 201csecurities authorized for issuance under equity compensation plans , 201d which is incorporated herein by reference. .
Question: what was the value of discb in 2012?
| 327.11 |
CONVFINQA4051 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
stock performance graph the following graph sets forth the cumulative total shareholder return on our series a common stock , series b common stock and series c common stock as compared with the cumulative total return of the companies listed in the standard and poor 2019s 500 stock index ( 201cs&p 500 index 201d ) and a peer group of companies comprised of cbs corporation class b common stock , news corporation class a common stock , scripps network interactive , inc. , time warner , inc. , viacom , inc . class b common stock and the walt disney company . the graph assumes $ 100 originally invested on september 18 , 2008 , the date upon which our common stock began trading , in each of our series a common stock , series b common stock and series c common stock , the s&p 500 index , and the stock of our peer group companies , including reinvestment of dividends , for the period september 18 , 2008 through december 31 , 2008 and the years ended december 31 , 2009 , 2010 , 2011 , and 2012 . december 31 , december 31 , december 31 , december 31 , december 31 . <table class='wikitable'><tr><td>1</td><td>-</td><td>december 312008</td><td>december 312009</td><td>december 312010</td><td>december 312011</td><td>december 312012</td></tr><tr><td>2</td><td>disca</td><td>$ 102.53</td><td>$ 222.09</td><td>$ 301.96</td><td>$ 296.67</td><td>$ 459.67</td></tr><tr><td>3</td><td>discb</td><td>$ 78.53</td><td>$ 162.82</td><td>$ 225.95</td><td>$ 217.56</td><td>$ 327.11</td></tr><tr><td>4</td><td>disck</td><td>$ 83.69</td><td>$ 165.75</td><td>$ 229.31</td><td>$ 235.63</td><td>$ 365.63</td></tr><tr><td>5</td><td>s&p 500</td><td>$ 74.86</td><td>$ 92.42</td><td>$ 104.24</td><td>$ 104.23</td><td>$ 118.21</td></tr><tr><td>6</td><td>peer group</td><td>$ 68.79</td><td>$ 100.70</td><td>$ 121.35</td><td>$ 138.19</td><td>$ 190.58</td></tr></table> equity compensation plan information information regarding securities authorized for issuance under equity compensation plans will be set forth in our definitive proxy statement for our 2013 annual meeting of stockholders under the caption 201csecurities authorized for issuance under equity compensation plans , 201d which is incorporated herein by reference. .
Question: what was the value of discb in 2012?
Answer: 327.11
Question: and what was the change in value of that stock considering the original amount invested in it in 2008?
| 227.11 |
CONVFINQA4052 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
stock performance graph the following graph sets forth the cumulative total shareholder return on our series a common stock , series b common stock and series c common stock as compared with the cumulative total return of the companies listed in the standard and poor 2019s 500 stock index ( 201cs&p 500 index 201d ) and a peer group of companies comprised of cbs corporation class b common stock , news corporation class a common stock , scripps network interactive , inc. , time warner , inc. , viacom , inc . class b common stock and the walt disney company . the graph assumes $ 100 originally invested on september 18 , 2008 , the date upon which our common stock began trading , in each of our series a common stock , series b common stock and series c common stock , the s&p 500 index , and the stock of our peer group companies , including reinvestment of dividends , for the period september 18 , 2008 through december 31 , 2008 and the years ended december 31 , 2009 , 2010 , 2011 , and 2012 . december 31 , december 31 , december 31 , december 31 , december 31 . <table class='wikitable'><tr><td>1</td><td>-</td><td>december 312008</td><td>december 312009</td><td>december 312010</td><td>december 312011</td><td>december 312012</td></tr><tr><td>2</td><td>disca</td><td>$ 102.53</td><td>$ 222.09</td><td>$ 301.96</td><td>$ 296.67</td><td>$ 459.67</td></tr><tr><td>3</td><td>discb</td><td>$ 78.53</td><td>$ 162.82</td><td>$ 225.95</td><td>$ 217.56</td><td>$ 327.11</td></tr><tr><td>4</td><td>disck</td><td>$ 83.69</td><td>$ 165.75</td><td>$ 229.31</td><td>$ 235.63</td><td>$ 365.63</td></tr><tr><td>5</td><td>s&p 500</td><td>$ 74.86</td><td>$ 92.42</td><td>$ 104.24</td><td>$ 104.23</td><td>$ 118.21</td></tr><tr><td>6</td><td>peer group</td><td>$ 68.79</td><td>$ 100.70</td><td>$ 121.35</td><td>$ 138.19</td><td>$ 190.58</td></tr></table> equity compensation plan information information regarding securities authorized for issuance under equity compensation plans will be set forth in our definitive proxy statement for our 2013 annual meeting of stockholders under the caption 201csecurities authorized for issuance under equity compensation plans , 201d which is incorporated herein by reference. .
Question: what was the value of discb in 2012?
Answer: 327.11
Question: and what was the change in value of that stock considering the original amount invested in it in 2008?
Answer: 227.11
Question: how much does this change represent in relation to the original amount that was invested, in percentage?
| 2.2711 |
CONVFINQA4053 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
4 4 m a n a g e m e n t 2019 s d i s c u s s i o n notes to table ( continued ) ( a ) ( continued ) management believes that operating income , as adjusted , and operating margin , as adjusted , are effective indicators of blackrock 2019s financial performance over time . as such , management believes that operating income , as adjusted , and operating margin , as adjusted , provide useful disclosure to investors . operating income , as adjusted : bgi transaction and integration costs recorded in 2010 and 2009 consist principally of certain advisory payments , compensation expense , legal fees , marketing and promotional , occupancy and consulting expenses incurred in conjunction with the bgi transaction . restructuring charges recorded in 2009 and 2008 consist of compensation costs , occupancy costs and professional fees . the expenses associated with restructuring and bgi transaction and integration costs have been deemed non-recurring by management and have been excluded from operating income , as adjusted , to help enhance the comparability of this information to the current reporting periods . as such , management believes that operating margins exclusive of these costs are useful measures in evaluating blackrock 2019s operating performance for the respective periods . the portion of compensation expense associated with certain long-term incentive plans ( 201cltip 201d ) that will be funded through the distribution to participants of shares of blackrock stock held by pnc and a merrill lynch cash compensation contribution , a portion of which has been received , have been excluded because these charges ultimately do not impact blackrock 2019s book value . compensation expense associated with appreciation/ ( depreciation ) on investments related to certain blackrock deferred compensation plans has been excluded as returns on investments set aside for these plans , which substantially offset this expense , are reported in non-operating income ( expense ) . operating margin , as adjusted : operating income used for measuring operating margin , as adjusted , is equal to operating income , as adjusted , excluding the impact of closed-end fund launch costs and commissions . management believes that excluding such costs and commissions is useful because these costs can fluctuate considerably and revenues associated with the expenditure of these costs will not fully impact the company 2019s results until future periods . operating margin , as adjusted , allows the company to compare performance from period-to-period by adjusting for items that may not recur , recur infrequently or may fluctuate based on market movements , such as restructuring charges , transaction and integration costs , closed-end fund launch costs , commissions paid to certain employees as compensation and fluctua- tions in compensation expense based on mark-to-market movements in investments held to fund certain compensation plans . the company also uses operating margin , as adjusted , to monitor corporate performance and efficiency and as a benchmark to compare its performance to other companies . management uses both the gaap and non-gaap financial measures in evaluating the financial performance of blackrock . the non-gaap measure by itself may pose limitations because it does not include all of the company 2019s revenues and expenses . revenue used for operating margin , as adjusted , excludes distribution and servicing costs paid to related parties and other third parties . management believes that excluding such costs is useful to blackrock because it creates consistency in the treatment for certain contracts for similar services , which due to the terms of the contracts , are accounted for under gaap on a net basis within investment advisory , administration fees and securities lending revenue . amortization of deferred sales commissions is excluded from revenue used for operating margin measurement , as adjusted , because such costs , over time , offset distribution fee revenue earned by the company . reimbursable property management compensation represented com- pensation and benefits paid to personnel of metric property management , inc . ( 201cmetric 201d ) , a subsidiary of blackrock realty advisors , inc . ( 201crealty 201d ) . prior to the transfer in 2008 , these employees were retained on metric 2019s payroll when certain properties were acquired by realty 2019s clients . the related compensation and benefits were fully reimbursed by realty 2019s clients and have been excluded from revenue used for operating margin , as adjusted , because they did not bear an economic cost to blackrock . for each of these items , blackrock excludes from revenue used for operating margin , as adjusted , the costs related to each of these items as a proxy for such offsetting revenues . ( b ) non-operating income ( expense ) , less net income ( loss ) attributable to non-controlling interests , as adjusted : non-operating income ( expense ) , less net income ( loss ) attributable to non-controlling interests ( 201cnci 201d ) , as adjusted , equals non-operating income ( expense ) , gaap basis , less net income ( loss ) attributable to nci , gaap basis , adjusted for compensation expense associated with depreciation/ ( appreciation ) on investments related to certain blackrock deferred compensation plans . the compensation expense offset is recorded in operating income . this compensation expense has been included in non-operating income ( expense ) , less net income ( loss ) attributable to nci , as adjusted , to offset returns on investments set aside for these plans , which are reported in non-operating income ( expense ) , gaap basis. . <table class='wikitable'><tr><td>1</td><td>( dollar amounts in millions )</td><td>yearended december 31 , 2010</td><td>yearended december 31 , 2009</td><td>yearended december 31 , 2008</td></tr><tr><td>2</td><td>non-operating income ( expense ) gaap basis</td><td>$ 23</td><td>$ -6 ( 6 )</td><td>$ -577 ( 577 )</td></tr><tr><td>3</td><td>less : net income ( loss ) attributable to nci</td><td>-13 ( 13 )</td><td>22</td><td>-155 ( 155 )</td></tr><tr><td>4</td><td>non-operating income ( expense ) ( 1 )</td><td>36</td><td>-28 ( 28 )</td><td>-422 ( 422 )</td></tr><tr><td>5</td><td>compensation expense related to ( appreciation ) /depreciation on deferred compensation plans</td><td>-11 ( 11 )</td><td>-18 ( 18 )</td><td>38</td></tr><tr><td>6</td><td>non-operating income ( expense ) less net income ( loss ) attributable to nci as adjusted</td><td>$ 25</td><td>$ -46 ( 46 )</td><td>$ -384 ( 384 )</td></tr></table> non-operating income ( expense ) ( 1 ) 36 ( 28 ) ( 422 ) compensation expense related to ( appreciation ) / depreciation on deferred compensation plans ( 11 ) ( 18 ) 38 non-operating income ( expense ) , less net income ( loss ) attributable to nci , as adjusted $ 25 ( $ 46 ) ( $ 384 ) ( 1 ) net of net income ( loss ) attributable to non-controlling interests . management believes that non-operating income ( expense ) , less net income ( loss ) attributable to nci , as adjusted , provides for comparability of this information to prior periods and is an effective measure for reviewing blackrock 2019s non-operating contribution to its results . as compensation expense associated with ( appreciation ) /depreciation on investments related to certain deferred compensation plans , which is included in operating income , offsets the gain/ ( loss ) on the investments set aside for these plans , management believes that non-operating income ( expense ) , less net income ( loss ) attributable to nci , as adjusted , provides a useful measure , for both management and investors , of blackrock 2019s non-operating results that impact book value. .
Question: what was the non-operating income ( expense ) gaap basis in 2010?
| 23.0 |
CONVFINQA4054 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
4 4 m a n a g e m e n t 2019 s d i s c u s s i o n notes to table ( continued ) ( a ) ( continued ) management believes that operating income , as adjusted , and operating margin , as adjusted , are effective indicators of blackrock 2019s financial performance over time . as such , management believes that operating income , as adjusted , and operating margin , as adjusted , provide useful disclosure to investors . operating income , as adjusted : bgi transaction and integration costs recorded in 2010 and 2009 consist principally of certain advisory payments , compensation expense , legal fees , marketing and promotional , occupancy and consulting expenses incurred in conjunction with the bgi transaction . restructuring charges recorded in 2009 and 2008 consist of compensation costs , occupancy costs and professional fees . the expenses associated with restructuring and bgi transaction and integration costs have been deemed non-recurring by management and have been excluded from operating income , as adjusted , to help enhance the comparability of this information to the current reporting periods . as such , management believes that operating margins exclusive of these costs are useful measures in evaluating blackrock 2019s operating performance for the respective periods . the portion of compensation expense associated with certain long-term incentive plans ( 201cltip 201d ) that will be funded through the distribution to participants of shares of blackrock stock held by pnc and a merrill lynch cash compensation contribution , a portion of which has been received , have been excluded because these charges ultimately do not impact blackrock 2019s book value . compensation expense associated with appreciation/ ( depreciation ) on investments related to certain blackrock deferred compensation plans has been excluded as returns on investments set aside for these plans , which substantially offset this expense , are reported in non-operating income ( expense ) . operating margin , as adjusted : operating income used for measuring operating margin , as adjusted , is equal to operating income , as adjusted , excluding the impact of closed-end fund launch costs and commissions . management believes that excluding such costs and commissions is useful because these costs can fluctuate considerably and revenues associated with the expenditure of these costs will not fully impact the company 2019s results until future periods . operating margin , as adjusted , allows the company to compare performance from period-to-period by adjusting for items that may not recur , recur infrequently or may fluctuate based on market movements , such as restructuring charges , transaction and integration costs , closed-end fund launch costs , commissions paid to certain employees as compensation and fluctua- tions in compensation expense based on mark-to-market movements in investments held to fund certain compensation plans . the company also uses operating margin , as adjusted , to monitor corporate performance and efficiency and as a benchmark to compare its performance to other companies . management uses both the gaap and non-gaap financial measures in evaluating the financial performance of blackrock . the non-gaap measure by itself may pose limitations because it does not include all of the company 2019s revenues and expenses . revenue used for operating margin , as adjusted , excludes distribution and servicing costs paid to related parties and other third parties . management believes that excluding such costs is useful to blackrock because it creates consistency in the treatment for certain contracts for similar services , which due to the terms of the contracts , are accounted for under gaap on a net basis within investment advisory , administration fees and securities lending revenue . amortization of deferred sales commissions is excluded from revenue used for operating margin measurement , as adjusted , because such costs , over time , offset distribution fee revenue earned by the company . reimbursable property management compensation represented com- pensation and benefits paid to personnel of metric property management , inc . ( 201cmetric 201d ) , a subsidiary of blackrock realty advisors , inc . ( 201crealty 201d ) . prior to the transfer in 2008 , these employees were retained on metric 2019s payroll when certain properties were acquired by realty 2019s clients . the related compensation and benefits were fully reimbursed by realty 2019s clients and have been excluded from revenue used for operating margin , as adjusted , because they did not bear an economic cost to blackrock . for each of these items , blackrock excludes from revenue used for operating margin , as adjusted , the costs related to each of these items as a proxy for such offsetting revenues . ( b ) non-operating income ( expense ) , less net income ( loss ) attributable to non-controlling interests , as adjusted : non-operating income ( expense ) , less net income ( loss ) attributable to non-controlling interests ( 201cnci 201d ) , as adjusted , equals non-operating income ( expense ) , gaap basis , less net income ( loss ) attributable to nci , gaap basis , adjusted for compensation expense associated with depreciation/ ( appreciation ) on investments related to certain blackrock deferred compensation plans . the compensation expense offset is recorded in operating income . this compensation expense has been included in non-operating income ( expense ) , less net income ( loss ) attributable to nci , as adjusted , to offset returns on investments set aside for these plans , which are reported in non-operating income ( expense ) , gaap basis. . <table class='wikitable'><tr><td>1</td><td>( dollar amounts in millions )</td><td>yearended december 31 , 2010</td><td>yearended december 31 , 2009</td><td>yearended december 31 , 2008</td></tr><tr><td>2</td><td>non-operating income ( expense ) gaap basis</td><td>$ 23</td><td>$ -6 ( 6 )</td><td>$ -577 ( 577 )</td></tr><tr><td>3</td><td>less : net income ( loss ) attributable to nci</td><td>-13 ( 13 )</td><td>22</td><td>-155 ( 155 )</td></tr><tr><td>4</td><td>non-operating income ( expense ) ( 1 )</td><td>36</td><td>-28 ( 28 )</td><td>-422 ( 422 )</td></tr><tr><td>5</td><td>compensation expense related to ( appreciation ) /depreciation on deferred compensation plans</td><td>-11 ( 11 )</td><td>-18 ( 18 )</td><td>38</td></tr><tr><td>6</td><td>non-operating income ( expense ) less net income ( loss ) attributable to nci as adjusted</td><td>$ 25</td><td>$ -46 ( 46 )</td><td>$ -384 ( 384 )</td></tr></table> non-operating income ( expense ) ( 1 ) 36 ( 28 ) ( 422 ) compensation expense related to ( appreciation ) / depreciation on deferred compensation plans ( 11 ) ( 18 ) 38 non-operating income ( expense ) , less net income ( loss ) attributable to nci , as adjusted $ 25 ( $ 46 ) ( $ 384 ) ( 1 ) net of net income ( loss ) attributable to non-controlling interests . management believes that non-operating income ( expense ) , less net income ( loss ) attributable to nci , as adjusted , provides for comparability of this information to prior periods and is an effective measure for reviewing blackrock 2019s non-operating contribution to its results . as compensation expense associated with ( appreciation ) /depreciation on investments related to certain deferred compensation plans , which is included in operating income , offsets the gain/ ( loss ) on the investments set aside for these plans , management believes that non-operating income ( expense ) , less net income ( loss ) attributable to nci , as adjusted , provides a useful measure , for both management and investors , of blackrock 2019s non-operating results that impact book value. .
Question: what was the non-operating income ( expense ) gaap basis in 2010?
Answer: 23.0
Question: and what was it in the year before?
| 6.0 |
CONVFINQA4055 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
4 4 m a n a g e m e n t 2019 s d i s c u s s i o n notes to table ( continued ) ( a ) ( continued ) management believes that operating income , as adjusted , and operating margin , as adjusted , are effective indicators of blackrock 2019s financial performance over time . as such , management believes that operating income , as adjusted , and operating margin , as adjusted , provide useful disclosure to investors . operating income , as adjusted : bgi transaction and integration costs recorded in 2010 and 2009 consist principally of certain advisory payments , compensation expense , legal fees , marketing and promotional , occupancy and consulting expenses incurred in conjunction with the bgi transaction . restructuring charges recorded in 2009 and 2008 consist of compensation costs , occupancy costs and professional fees . the expenses associated with restructuring and bgi transaction and integration costs have been deemed non-recurring by management and have been excluded from operating income , as adjusted , to help enhance the comparability of this information to the current reporting periods . as such , management believes that operating margins exclusive of these costs are useful measures in evaluating blackrock 2019s operating performance for the respective periods . the portion of compensation expense associated with certain long-term incentive plans ( 201cltip 201d ) that will be funded through the distribution to participants of shares of blackrock stock held by pnc and a merrill lynch cash compensation contribution , a portion of which has been received , have been excluded because these charges ultimately do not impact blackrock 2019s book value . compensation expense associated with appreciation/ ( depreciation ) on investments related to certain blackrock deferred compensation plans has been excluded as returns on investments set aside for these plans , which substantially offset this expense , are reported in non-operating income ( expense ) . operating margin , as adjusted : operating income used for measuring operating margin , as adjusted , is equal to operating income , as adjusted , excluding the impact of closed-end fund launch costs and commissions . management believes that excluding such costs and commissions is useful because these costs can fluctuate considerably and revenues associated with the expenditure of these costs will not fully impact the company 2019s results until future periods . operating margin , as adjusted , allows the company to compare performance from period-to-period by adjusting for items that may not recur , recur infrequently or may fluctuate based on market movements , such as restructuring charges , transaction and integration costs , closed-end fund launch costs , commissions paid to certain employees as compensation and fluctua- tions in compensation expense based on mark-to-market movements in investments held to fund certain compensation plans . the company also uses operating margin , as adjusted , to monitor corporate performance and efficiency and as a benchmark to compare its performance to other companies . management uses both the gaap and non-gaap financial measures in evaluating the financial performance of blackrock . the non-gaap measure by itself may pose limitations because it does not include all of the company 2019s revenues and expenses . revenue used for operating margin , as adjusted , excludes distribution and servicing costs paid to related parties and other third parties . management believes that excluding such costs is useful to blackrock because it creates consistency in the treatment for certain contracts for similar services , which due to the terms of the contracts , are accounted for under gaap on a net basis within investment advisory , administration fees and securities lending revenue . amortization of deferred sales commissions is excluded from revenue used for operating margin measurement , as adjusted , because such costs , over time , offset distribution fee revenue earned by the company . reimbursable property management compensation represented com- pensation and benefits paid to personnel of metric property management , inc . ( 201cmetric 201d ) , a subsidiary of blackrock realty advisors , inc . ( 201crealty 201d ) . prior to the transfer in 2008 , these employees were retained on metric 2019s payroll when certain properties were acquired by realty 2019s clients . the related compensation and benefits were fully reimbursed by realty 2019s clients and have been excluded from revenue used for operating margin , as adjusted , because they did not bear an economic cost to blackrock . for each of these items , blackrock excludes from revenue used for operating margin , as adjusted , the costs related to each of these items as a proxy for such offsetting revenues . ( b ) non-operating income ( expense ) , less net income ( loss ) attributable to non-controlling interests , as adjusted : non-operating income ( expense ) , less net income ( loss ) attributable to non-controlling interests ( 201cnci 201d ) , as adjusted , equals non-operating income ( expense ) , gaap basis , less net income ( loss ) attributable to nci , gaap basis , adjusted for compensation expense associated with depreciation/ ( appreciation ) on investments related to certain blackrock deferred compensation plans . the compensation expense offset is recorded in operating income . this compensation expense has been included in non-operating income ( expense ) , less net income ( loss ) attributable to nci , as adjusted , to offset returns on investments set aside for these plans , which are reported in non-operating income ( expense ) , gaap basis. . <table class='wikitable'><tr><td>1</td><td>( dollar amounts in millions )</td><td>yearended december 31 , 2010</td><td>yearended december 31 , 2009</td><td>yearended december 31 , 2008</td></tr><tr><td>2</td><td>non-operating income ( expense ) gaap basis</td><td>$ 23</td><td>$ -6 ( 6 )</td><td>$ -577 ( 577 )</td></tr><tr><td>3</td><td>less : net income ( loss ) attributable to nci</td><td>-13 ( 13 )</td><td>22</td><td>-155 ( 155 )</td></tr><tr><td>4</td><td>non-operating income ( expense ) ( 1 )</td><td>36</td><td>-28 ( 28 )</td><td>-422 ( 422 )</td></tr><tr><td>5</td><td>compensation expense related to ( appreciation ) /depreciation on deferred compensation plans</td><td>-11 ( 11 )</td><td>-18 ( 18 )</td><td>38</td></tr><tr><td>6</td><td>non-operating income ( expense ) less net income ( loss ) attributable to nci as adjusted</td><td>$ 25</td><td>$ -46 ( 46 )</td><td>$ -384 ( 384 )</td></tr></table> non-operating income ( expense ) ( 1 ) 36 ( 28 ) ( 422 ) compensation expense related to ( appreciation ) / depreciation on deferred compensation plans ( 11 ) ( 18 ) 38 non-operating income ( expense ) , less net income ( loss ) attributable to nci , as adjusted $ 25 ( $ 46 ) ( $ 384 ) ( 1 ) net of net income ( loss ) attributable to non-controlling interests . management believes that non-operating income ( expense ) , less net income ( loss ) attributable to nci , as adjusted , provides for comparability of this information to prior periods and is an effective measure for reviewing blackrock 2019s non-operating contribution to its results . as compensation expense associated with ( appreciation ) /depreciation on investments related to certain deferred compensation plans , which is included in operating income , offsets the gain/ ( loss ) on the investments set aside for these plans , management believes that non-operating income ( expense ) , less net income ( loss ) attributable to nci , as adjusted , provides a useful measure , for both management and investors , of blackrock 2019s non-operating results that impact book value. .
Question: what was the non-operating income ( expense ) gaap basis in 2010?
Answer: 23.0
Question: and what was it in the year before?
Answer: 6.0
Question: by how much, then, did it increase over the period?
| 29.0 |
CONVFINQA4056 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
4 4 m a n a g e m e n t 2019 s d i s c u s s i o n notes to table ( continued ) ( a ) ( continued ) management believes that operating income , as adjusted , and operating margin , as adjusted , are effective indicators of blackrock 2019s financial performance over time . as such , management believes that operating income , as adjusted , and operating margin , as adjusted , provide useful disclosure to investors . operating income , as adjusted : bgi transaction and integration costs recorded in 2010 and 2009 consist principally of certain advisory payments , compensation expense , legal fees , marketing and promotional , occupancy and consulting expenses incurred in conjunction with the bgi transaction . restructuring charges recorded in 2009 and 2008 consist of compensation costs , occupancy costs and professional fees . the expenses associated with restructuring and bgi transaction and integration costs have been deemed non-recurring by management and have been excluded from operating income , as adjusted , to help enhance the comparability of this information to the current reporting periods . as such , management believes that operating margins exclusive of these costs are useful measures in evaluating blackrock 2019s operating performance for the respective periods . the portion of compensation expense associated with certain long-term incentive plans ( 201cltip 201d ) that will be funded through the distribution to participants of shares of blackrock stock held by pnc and a merrill lynch cash compensation contribution , a portion of which has been received , have been excluded because these charges ultimately do not impact blackrock 2019s book value . compensation expense associated with appreciation/ ( depreciation ) on investments related to certain blackrock deferred compensation plans has been excluded as returns on investments set aside for these plans , which substantially offset this expense , are reported in non-operating income ( expense ) . operating margin , as adjusted : operating income used for measuring operating margin , as adjusted , is equal to operating income , as adjusted , excluding the impact of closed-end fund launch costs and commissions . management believes that excluding such costs and commissions is useful because these costs can fluctuate considerably and revenues associated with the expenditure of these costs will not fully impact the company 2019s results until future periods . operating margin , as adjusted , allows the company to compare performance from period-to-period by adjusting for items that may not recur , recur infrequently or may fluctuate based on market movements , such as restructuring charges , transaction and integration costs , closed-end fund launch costs , commissions paid to certain employees as compensation and fluctua- tions in compensation expense based on mark-to-market movements in investments held to fund certain compensation plans . the company also uses operating margin , as adjusted , to monitor corporate performance and efficiency and as a benchmark to compare its performance to other companies . management uses both the gaap and non-gaap financial measures in evaluating the financial performance of blackrock . the non-gaap measure by itself may pose limitations because it does not include all of the company 2019s revenues and expenses . revenue used for operating margin , as adjusted , excludes distribution and servicing costs paid to related parties and other third parties . management believes that excluding such costs is useful to blackrock because it creates consistency in the treatment for certain contracts for similar services , which due to the terms of the contracts , are accounted for under gaap on a net basis within investment advisory , administration fees and securities lending revenue . amortization of deferred sales commissions is excluded from revenue used for operating margin measurement , as adjusted , because such costs , over time , offset distribution fee revenue earned by the company . reimbursable property management compensation represented com- pensation and benefits paid to personnel of metric property management , inc . ( 201cmetric 201d ) , a subsidiary of blackrock realty advisors , inc . ( 201crealty 201d ) . prior to the transfer in 2008 , these employees were retained on metric 2019s payroll when certain properties were acquired by realty 2019s clients . the related compensation and benefits were fully reimbursed by realty 2019s clients and have been excluded from revenue used for operating margin , as adjusted , because they did not bear an economic cost to blackrock . for each of these items , blackrock excludes from revenue used for operating margin , as adjusted , the costs related to each of these items as a proxy for such offsetting revenues . ( b ) non-operating income ( expense ) , less net income ( loss ) attributable to non-controlling interests , as adjusted : non-operating income ( expense ) , less net income ( loss ) attributable to non-controlling interests ( 201cnci 201d ) , as adjusted , equals non-operating income ( expense ) , gaap basis , less net income ( loss ) attributable to nci , gaap basis , adjusted for compensation expense associated with depreciation/ ( appreciation ) on investments related to certain blackrock deferred compensation plans . the compensation expense offset is recorded in operating income . this compensation expense has been included in non-operating income ( expense ) , less net income ( loss ) attributable to nci , as adjusted , to offset returns on investments set aside for these plans , which are reported in non-operating income ( expense ) , gaap basis. . <table class='wikitable'><tr><td>1</td><td>( dollar amounts in millions )</td><td>yearended december 31 , 2010</td><td>yearended december 31 , 2009</td><td>yearended december 31 , 2008</td></tr><tr><td>2</td><td>non-operating income ( expense ) gaap basis</td><td>$ 23</td><td>$ -6 ( 6 )</td><td>$ -577 ( 577 )</td></tr><tr><td>3</td><td>less : net income ( loss ) attributable to nci</td><td>-13 ( 13 )</td><td>22</td><td>-155 ( 155 )</td></tr><tr><td>4</td><td>non-operating income ( expense ) ( 1 )</td><td>36</td><td>-28 ( 28 )</td><td>-422 ( 422 )</td></tr><tr><td>5</td><td>compensation expense related to ( appreciation ) /depreciation on deferred compensation plans</td><td>-11 ( 11 )</td><td>-18 ( 18 )</td><td>38</td></tr><tr><td>6</td><td>non-operating income ( expense ) less net income ( loss ) attributable to nci as adjusted</td><td>$ 25</td><td>$ -46 ( 46 )</td><td>$ -384 ( 384 )</td></tr></table> non-operating income ( expense ) ( 1 ) 36 ( 28 ) ( 422 ) compensation expense related to ( appreciation ) / depreciation on deferred compensation plans ( 11 ) ( 18 ) 38 non-operating income ( expense ) , less net income ( loss ) attributable to nci , as adjusted $ 25 ( $ 46 ) ( $ 384 ) ( 1 ) net of net income ( loss ) attributable to non-controlling interests . management believes that non-operating income ( expense ) , less net income ( loss ) attributable to nci , as adjusted , provides for comparability of this information to prior periods and is an effective measure for reviewing blackrock 2019s non-operating contribution to its results . as compensation expense associated with ( appreciation ) /depreciation on investments related to certain deferred compensation plans , which is included in operating income , offsets the gain/ ( loss ) on the investments set aside for these plans , management believes that non-operating income ( expense ) , less net income ( loss ) attributable to nci , as adjusted , provides a useful measure , for both management and investors , of blackrock 2019s non-operating results that impact book value. .
Question: what was the non-operating income ( expense ) gaap basis in 2010?
Answer: 23.0
Question: and what was it in the year before?
Answer: 6.0
Question: by how much, then, did it increase over the period?
Answer: 29.0
Question: and what is this increase as a percentage of the 2009 gaap basis?
| 4.83333 |
CONVFINQA4057 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
4 4 m a n a g e m e n t 2019 s d i s c u s s i o n notes to table ( continued ) ( a ) ( continued ) management believes that operating income , as adjusted , and operating margin , as adjusted , are effective indicators of blackrock 2019s financial performance over time . as such , management believes that operating income , as adjusted , and operating margin , as adjusted , provide useful disclosure to investors . operating income , as adjusted : bgi transaction and integration costs recorded in 2010 and 2009 consist principally of certain advisory payments , compensation expense , legal fees , marketing and promotional , occupancy and consulting expenses incurred in conjunction with the bgi transaction . restructuring charges recorded in 2009 and 2008 consist of compensation costs , occupancy costs and professional fees . the expenses associated with restructuring and bgi transaction and integration costs have been deemed non-recurring by management and have been excluded from operating income , as adjusted , to help enhance the comparability of this information to the current reporting periods . as such , management believes that operating margins exclusive of these costs are useful measures in evaluating blackrock 2019s operating performance for the respective periods . the portion of compensation expense associated with certain long-term incentive plans ( 201cltip 201d ) that will be funded through the distribution to participants of shares of blackrock stock held by pnc and a merrill lynch cash compensation contribution , a portion of which has been received , have been excluded because these charges ultimately do not impact blackrock 2019s book value . compensation expense associated with appreciation/ ( depreciation ) on investments related to certain blackrock deferred compensation plans has been excluded as returns on investments set aside for these plans , which substantially offset this expense , are reported in non-operating income ( expense ) . operating margin , as adjusted : operating income used for measuring operating margin , as adjusted , is equal to operating income , as adjusted , excluding the impact of closed-end fund launch costs and commissions . management believes that excluding such costs and commissions is useful because these costs can fluctuate considerably and revenues associated with the expenditure of these costs will not fully impact the company 2019s results until future periods . operating margin , as adjusted , allows the company to compare performance from period-to-period by adjusting for items that may not recur , recur infrequently or may fluctuate based on market movements , such as restructuring charges , transaction and integration costs , closed-end fund launch costs , commissions paid to certain employees as compensation and fluctua- tions in compensation expense based on mark-to-market movements in investments held to fund certain compensation plans . the company also uses operating margin , as adjusted , to monitor corporate performance and efficiency and as a benchmark to compare its performance to other companies . management uses both the gaap and non-gaap financial measures in evaluating the financial performance of blackrock . the non-gaap measure by itself may pose limitations because it does not include all of the company 2019s revenues and expenses . revenue used for operating margin , as adjusted , excludes distribution and servicing costs paid to related parties and other third parties . management believes that excluding such costs is useful to blackrock because it creates consistency in the treatment for certain contracts for similar services , which due to the terms of the contracts , are accounted for under gaap on a net basis within investment advisory , administration fees and securities lending revenue . amortization of deferred sales commissions is excluded from revenue used for operating margin measurement , as adjusted , because such costs , over time , offset distribution fee revenue earned by the company . reimbursable property management compensation represented com- pensation and benefits paid to personnel of metric property management , inc . ( 201cmetric 201d ) , a subsidiary of blackrock realty advisors , inc . ( 201crealty 201d ) . prior to the transfer in 2008 , these employees were retained on metric 2019s payroll when certain properties were acquired by realty 2019s clients . the related compensation and benefits were fully reimbursed by realty 2019s clients and have been excluded from revenue used for operating margin , as adjusted , because they did not bear an economic cost to blackrock . for each of these items , blackrock excludes from revenue used for operating margin , as adjusted , the costs related to each of these items as a proxy for such offsetting revenues . ( b ) non-operating income ( expense ) , less net income ( loss ) attributable to non-controlling interests , as adjusted : non-operating income ( expense ) , less net income ( loss ) attributable to non-controlling interests ( 201cnci 201d ) , as adjusted , equals non-operating income ( expense ) , gaap basis , less net income ( loss ) attributable to nci , gaap basis , adjusted for compensation expense associated with depreciation/ ( appreciation ) on investments related to certain blackrock deferred compensation plans . the compensation expense offset is recorded in operating income . this compensation expense has been included in non-operating income ( expense ) , less net income ( loss ) attributable to nci , as adjusted , to offset returns on investments set aside for these plans , which are reported in non-operating income ( expense ) , gaap basis. . <table class='wikitable'><tr><td>1</td><td>( dollar amounts in millions )</td><td>yearended december 31 , 2010</td><td>yearended december 31 , 2009</td><td>yearended december 31 , 2008</td></tr><tr><td>2</td><td>non-operating income ( expense ) gaap basis</td><td>$ 23</td><td>$ -6 ( 6 )</td><td>$ -577 ( 577 )</td></tr><tr><td>3</td><td>less : net income ( loss ) attributable to nci</td><td>-13 ( 13 )</td><td>22</td><td>-155 ( 155 )</td></tr><tr><td>4</td><td>non-operating income ( expense ) ( 1 )</td><td>36</td><td>-28 ( 28 )</td><td>-422 ( 422 )</td></tr><tr><td>5</td><td>compensation expense related to ( appreciation ) /depreciation on deferred compensation plans</td><td>-11 ( 11 )</td><td>-18 ( 18 )</td><td>38</td></tr><tr><td>6</td><td>non-operating income ( expense ) less net income ( loss ) attributable to nci as adjusted</td><td>$ 25</td><td>$ -46 ( 46 )</td><td>$ -384 ( 384 )</td></tr></table> non-operating income ( expense ) ( 1 ) 36 ( 28 ) ( 422 ) compensation expense related to ( appreciation ) / depreciation on deferred compensation plans ( 11 ) ( 18 ) 38 non-operating income ( expense ) , less net income ( loss ) attributable to nci , as adjusted $ 25 ( $ 46 ) ( $ 384 ) ( 1 ) net of net income ( loss ) attributable to non-controlling interests . management believes that non-operating income ( expense ) , less net income ( loss ) attributable to nci , as adjusted , provides for comparability of this information to prior periods and is an effective measure for reviewing blackrock 2019s non-operating contribution to its results . as compensation expense associated with ( appreciation ) /depreciation on investments related to certain deferred compensation plans , which is included in operating income , offsets the gain/ ( loss ) on the investments set aside for these plans , management believes that non-operating income ( expense ) , less net income ( loss ) attributable to nci , as adjusted , provides a useful measure , for both management and investors , of blackrock 2019s non-operating results that impact book value. .
Question: what was the non-operating income ( expense ) gaap basis in 2010?
Answer: 23.0
Question: and what was it in the year before?
Answer: 6.0
Question: by how much, then, did it increase over the period?
Answer: 29.0
Question: and what is this increase as a percentage of the 2009 gaap basis?
Answer: 4.83333
Question: in that same period, what was the change in the non-operating income ( expense ) less net income ( loss ) attributable to nci as adjusted?
| 71.0 |
CONVFINQA4058 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
4 4 m a n a g e m e n t 2019 s d i s c u s s i o n notes to table ( continued ) ( a ) ( continued ) management believes that operating income , as adjusted , and operating margin , as adjusted , are effective indicators of blackrock 2019s financial performance over time . as such , management believes that operating income , as adjusted , and operating margin , as adjusted , provide useful disclosure to investors . operating income , as adjusted : bgi transaction and integration costs recorded in 2010 and 2009 consist principally of certain advisory payments , compensation expense , legal fees , marketing and promotional , occupancy and consulting expenses incurred in conjunction with the bgi transaction . restructuring charges recorded in 2009 and 2008 consist of compensation costs , occupancy costs and professional fees . the expenses associated with restructuring and bgi transaction and integration costs have been deemed non-recurring by management and have been excluded from operating income , as adjusted , to help enhance the comparability of this information to the current reporting periods . as such , management believes that operating margins exclusive of these costs are useful measures in evaluating blackrock 2019s operating performance for the respective periods . the portion of compensation expense associated with certain long-term incentive plans ( 201cltip 201d ) that will be funded through the distribution to participants of shares of blackrock stock held by pnc and a merrill lynch cash compensation contribution , a portion of which has been received , have been excluded because these charges ultimately do not impact blackrock 2019s book value . compensation expense associated with appreciation/ ( depreciation ) on investments related to certain blackrock deferred compensation plans has been excluded as returns on investments set aside for these plans , which substantially offset this expense , are reported in non-operating income ( expense ) . operating margin , as adjusted : operating income used for measuring operating margin , as adjusted , is equal to operating income , as adjusted , excluding the impact of closed-end fund launch costs and commissions . management believes that excluding such costs and commissions is useful because these costs can fluctuate considerably and revenues associated with the expenditure of these costs will not fully impact the company 2019s results until future periods . operating margin , as adjusted , allows the company to compare performance from period-to-period by adjusting for items that may not recur , recur infrequently or may fluctuate based on market movements , such as restructuring charges , transaction and integration costs , closed-end fund launch costs , commissions paid to certain employees as compensation and fluctua- tions in compensation expense based on mark-to-market movements in investments held to fund certain compensation plans . the company also uses operating margin , as adjusted , to monitor corporate performance and efficiency and as a benchmark to compare its performance to other companies . management uses both the gaap and non-gaap financial measures in evaluating the financial performance of blackrock . the non-gaap measure by itself may pose limitations because it does not include all of the company 2019s revenues and expenses . revenue used for operating margin , as adjusted , excludes distribution and servicing costs paid to related parties and other third parties . management believes that excluding such costs is useful to blackrock because it creates consistency in the treatment for certain contracts for similar services , which due to the terms of the contracts , are accounted for under gaap on a net basis within investment advisory , administration fees and securities lending revenue . amortization of deferred sales commissions is excluded from revenue used for operating margin measurement , as adjusted , because such costs , over time , offset distribution fee revenue earned by the company . reimbursable property management compensation represented com- pensation and benefits paid to personnel of metric property management , inc . ( 201cmetric 201d ) , a subsidiary of blackrock realty advisors , inc . ( 201crealty 201d ) . prior to the transfer in 2008 , these employees were retained on metric 2019s payroll when certain properties were acquired by realty 2019s clients . the related compensation and benefits were fully reimbursed by realty 2019s clients and have been excluded from revenue used for operating margin , as adjusted , because they did not bear an economic cost to blackrock . for each of these items , blackrock excludes from revenue used for operating margin , as adjusted , the costs related to each of these items as a proxy for such offsetting revenues . ( b ) non-operating income ( expense ) , less net income ( loss ) attributable to non-controlling interests , as adjusted : non-operating income ( expense ) , less net income ( loss ) attributable to non-controlling interests ( 201cnci 201d ) , as adjusted , equals non-operating income ( expense ) , gaap basis , less net income ( loss ) attributable to nci , gaap basis , adjusted for compensation expense associated with depreciation/ ( appreciation ) on investments related to certain blackrock deferred compensation plans . the compensation expense offset is recorded in operating income . this compensation expense has been included in non-operating income ( expense ) , less net income ( loss ) attributable to nci , as adjusted , to offset returns on investments set aside for these plans , which are reported in non-operating income ( expense ) , gaap basis. . <table class='wikitable'><tr><td>1</td><td>( dollar amounts in millions )</td><td>yearended december 31 , 2010</td><td>yearended december 31 , 2009</td><td>yearended december 31 , 2008</td></tr><tr><td>2</td><td>non-operating income ( expense ) gaap basis</td><td>$ 23</td><td>$ -6 ( 6 )</td><td>$ -577 ( 577 )</td></tr><tr><td>3</td><td>less : net income ( loss ) attributable to nci</td><td>-13 ( 13 )</td><td>22</td><td>-155 ( 155 )</td></tr><tr><td>4</td><td>non-operating income ( expense ) ( 1 )</td><td>36</td><td>-28 ( 28 )</td><td>-422 ( 422 )</td></tr><tr><td>5</td><td>compensation expense related to ( appreciation ) /depreciation on deferred compensation plans</td><td>-11 ( 11 )</td><td>-18 ( 18 )</td><td>38</td></tr><tr><td>6</td><td>non-operating income ( expense ) less net income ( loss ) attributable to nci as adjusted</td><td>$ 25</td><td>$ -46 ( 46 )</td><td>$ -384 ( 384 )</td></tr></table> non-operating income ( expense ) ( 1 ) 36 ( 28 ) ( 422 ) compensation expense related to ( appreciation ) / depreciation on deferred compensation plans ( 11 ) ( 18 ) 38 non-operating income ( expense ) , less net income ( loss ) attributable to nci , as adjusted $ 25 ( $ 46 ) ( $ 384 ) ( 1 ) net of net income ( loss ) attributable to non-controlling interests . management believes that non-operating income ( expense ) , less net income ( loss ) attributable to nci , as adjusted , provides for comparability of this information to prior periods and is an effective measure for reviewing blackrock 2019s non-operating contribution to its results . as compensation expense associated with ( appreciation ) /depreciation on investments related to certain deferred compensation plans , which is included in operating income , offsets the gain/ ( loss ) on the investments set aside for these plans , management believes that non-operating income ( expense ) , less net income ( loss ) attributable to nci , as adjusted , provides a useful measure , for both management and investors , of blackrock 2019s non-operating results that impact book value. .
Question: what was the non-operating income ( expense ) gaap basis in 2010?
Answer: 23.0
Question: and what was it in the year before?
Answer: 6.0
Question: by how much, then, did it increase over the period?
Answer: 29.0
Question: and what is this increase as a percentage of the 2009 gaap basis?
Answer: 4.83333
Question: in that same period, what was the change in the non-operating income ( expense ) less net income ( loss ) attributable to nci as adjusted?
Answer: 71.0
Question: and how much did this change represent in relation to that income in 2009, in percentage?
| 1.54348 |
CONVFINQA4059 | Read the following texts and table with financial data from an S&P 500 earnings report 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 20 of 100 segment sales were $ 100.7 million lower in 2009 than in 2008 , primarily as a result of the impact of lower aluminum prices partially offset by an increase in sales volumes . the higher sales volumes in 2009 were the result of incremental volumes from the four plants purchased from ab inbev , partially offset by certain plant closures and lower sales volumes in the existing business . segment earnings in 2010 were $ 122.3 million higher than in 2009 primarily due to a net $ 85 million impact related to the higher sales volumes and $ 45 million of product mix and improved manufacturing performance associated with higher production . also adding to the 2010 improvement was the effect of a $ 7 million out-of-period inventory charge in 2009 . the details of the out-of-period adjustment are included in note 7 to the consolidated financial statements included within item 8 of this report . segment earnings in 2009 were higher than in 2008 due to $ 12 million of earnings contribution from the four acquired plants and approximately $ 21 million of savings associated with plant closures . partially offsetting these favorable impacts were lower carbonated soft drink and beer can sales volumes ( excluding the newly acquired plants ) and approximately $ 25 million related to higher cost inventories in the first half of 2009 . metal beverage packaging , europe . <table class='wikitable'><tr><td>1</td><td>( $ in millions )</td><td>2010</td><td>2009</td><td>2008</td></tr><tr><td>2</td><td>net sales</td><td>$ 1697.6</td><td>$ 1739.5</td><td>$ 1868.7</td></tr><tr><td>3</td><td>segment earnings</td><td>$ 212.9</td><td>$ 214.8</td><td>$ 230.9</td></tr><tr><td>4</td><td>business consolidation costs ( a )</td><td>-3.2 ( 3.2 )</td><td>2212</td><td>2212</td></tr><tr><td>5</td><td>total segment earnings</td><td>$ 209.7</td><td>$ 214.8</td><td>$ 230.9</td></tr></table> ( a ) further details of these items are included in note 5 to the consolidated financial statements within item 8 of this report . the metal beverage packaging , europe , segment includes metal beverage packaging products manufactured in europe . ball packaging europe has manufacturing plants located in germany , the united kingdom , france , the netherlands , poland and serbia , and is the second largest metal beverage container business in europe . segment sales in 2010 decreased $ 41.9 million compared to 2009 , primarily due to unfavorable foreign exchange effects of $ 93 million and price and mix changes , partially offset by higher sales volumes . segment sales in 2009 as compared to 2008 were $ 129.2 million lower due to $ 110 million of unfavorable foreign exchange effects , partially offset by better commercial terms . sales volumes in 2009 were essentially flat compared to those in the prior year . segment earnings in 2010 decreased $ 1.9 million compared to 2009 , primarily the result of a $ 28 million increase related to higher sales volumes , offset by $ 18 million of negative effects from foreign currency translation and $ 12 million of higher inventory and other costs . while 2009 sales volumes were consistent with the prior year , the adverse effects of foreign currency translation , both within europe and on the conversion of the euro to the u.s . dollar , reduced segment earnings by $ 8 million . also contributing to lower segment earnings were higher cost inventory carried into 2009 and a change in sales mix , partially offset by better commercial terms in some of our contracts . on january 18 , 2011 , ball acquired aerocan s.a.s . ( aerocan ) , a leading european supplier of aluminum aerosol cans and bottles , for 20ac222.4 million ( approximately $ 300 million ) in cash and assumed debt . aerocan manufactures extruded aluminum aerosol cans and bottles , and the aluminum slugs used to make them , for customers in the personal care , pharmaceutical , beverage and food industries . it operates three aerosol can manufacturing plants 2013 one each in the czech republic , france and the united kingdom 2013 and is a 51 percent owner of a joint venture aluminum slug plant in france . the four plants employ approximately 560 people . the acquisition of aerocan will allow ball to enter a growing part of the metal packaging industry and to broaden the company 2019s market development efforts into a new customer base. .
Question: what was the total of net sales metal beverage packaging in 2010?
| 1697.6 |
CONVFINQA4060 | Read the following texts and table with financial data from an S&P 500 earnings report 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 20 of 100 segment sales were $ 100.7 million lower in 2009 than in 2008 , primarily as a result of the impact of lower aluminum prices partially offset by an increase in sales volumes . the higher sales volumes in 2009 were the result of incremental volumes from the four plants purchased from ab inbev , partially offset by certain plant closures and lower sales volumes in the existing business . segment earnings in 2010 were $ 122.3 million higher than in 2009 primarily due to a net $ 85 million impact related to the higher sales volumes and $ 45 million of product mix and improved manufacturing performance associated with higher production . also adding to the 2010 improvement was the effect of a $ 7 million out-of-period inventory charge in 2009 . the details of the out-of-period adjustment are included in note 7 to the consolidated financial statements included within item 8 of this report . segment earnings in 2009 were higher than in 2008 due to $ 12 million of earnings contribution from the four acquired plants and approximately $ 21 million of savings associated with plant closures . partially offsetting these favorable impacts were lower carbonated soft drink and beer can sales volumes ( excluding the newly acquired plants ) and approximately $ 25 million related to higher cost inventories in the first half of 2009 . metal beverage packaging , europe . <table class='wikitable'><tr><td>1</td><td>( $ in millions )</td><td>2010</td><td>2009</td><td>2008</td></tr><tr><td>2</td><td>net sales</td><td>$ 1697.6</td><td>$ 1739.5</td><td>$ 1868.7</td></tr><tr><td>3</td><td>segment earnings</td><td>$ 212.9</td><td>$ 214.8</td><td>$ 230.9</td></tr><tr><td>4</td><td>business consolidation costs ( a )</td><td>-3.2 ( 3.2 )</td><td>2212</td><td>2212</td></tr><tr><td>5</td><td>total segment earnings</td><td>$ 209.7</td><td>$ 214.8</td><td>$ 230.9</td></tr></table> ( a ) further details of these items are included in note 5 to the consolidated financial statements within item 8 of this report . the metal beverage packaging , europe , segment includes metal beverage packaging products manufactured in europe . ball packaging europe has manufacturing plants located in germany , the united kingdom , france , the netherlands , poland and serbia , and is the second largest metal beverage container business in europe . segment sales in 2010 decreased $ 41.9 million compared to 2009 , primarily due to unfavorable foreign exchange effects of $ 93 million and price and mix changes , partially offset by higher sales volumes . segment sales in 2009 as compared to 2008 were $ 129.2 million lower due to $ 110 million of unfavorable foreign exchange effects , partially offset by better commercial terms . sales volumes in 2009 were essentially flat compared to those in the prior year . segment earnings in 2010 decreased $ 1.9 million compared to 2009 , primarily the result of a $ 28 million increase related to higher sales volumes , offset by $ 18 million of negative effects from foreign currency translation and $ 12 million of higher inventory and other costs . while 2009 sales volumes were consistent with the prior year , the adverse effects of foreign currency translation , both within europe and on the conversion of the euro to the u.s . dollar , reduced segment earnings by $ 8 million . also contributing to lower segment earnings were higher cost inventory carried into 2009 and a change in sales mix , partially offset by better commercial terms in some of our contracts . on january 18 , 2011 , ball acquired aerocan s.a.s . ( aerocan ) , a leading european supplier of aluminum aerosol cans and bottles , for 20ac222.4 million ( approximately $ 300 million ) in cash and assumed debt . aerocan manufactures extruded aluminum aerosol cans and bottles , and the aluminum slugs used to make them , for customers in the personal care , pharmaceutical , beverage and food industries . it operates three aerosol can manufacturing plants 2013 one each in the czech republic , france and the united kingdom 2013 and is a 51 percent owner of a joint venture aluminum slug plant in france . the four plants employ approximately 560 people . the acquisition of aerocan will allow ball to enter a growing part of the metal packaging industry and to broaden the company 2019s market development efforts into a new customer base. .
Question: what was the total of net sales metal beverage packaging in 2010?
Answer: 1697.6
Question: and what was that in 2009?
| 1739.5 |
CONVFINQA4061 | Read the following texts and table with financial data from an S&P 500 earnings report 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 20 of 100 segment sales were $ 100.7 million lower in 2009 than in 2008 , primarily as a result of the impact of lower aluminum prices partially offset by an increase in sales volumes . the higher sales volumes in 2009 were the result of incremental volumes from the four plants purchased from ab inbev , partially offset by certain plant closures and lower sales volumes in the existing business . segment earnings in 2010 were $ 122.3 million higher than in 2009 primarily due to a net $ 85 million impact related to the higher sales volumes and $ 45 million of product mix and improved manufacturing performance associated with higher production . also adding to the 2010 improvement was the effect of a $ 7 million out-of-period inventory charge in 2009 . the details of the out-of-period adjustment are included in note 7 to the consolidated financial statements included within item 8 of this report . segment earnings in 2009 were higher than in 2008 due to $ 12 million of earnings contribution from the four acquired plants and approximately $ 21 million of savings associated with plant closures . partially offsetting these favorable impacts were lower carbonated soft drink and beer can sales volumes ( excluding the newly acquired plants ) and approximately $ 25 million related to higher cost inventories in the first half of 2009 . metal beverage packaging , europe . <table class='wikitable'><tr><td>1</td><td>( $ in millions )</td><td>2010</td><td>2009</td><td>2008</td></tr><tr><td>2</td><td>net sales</td><td>$ 1697.6</td><td>$ 1739.5</td><td>$ 1868.7</td></tr><tr><td>3</td><td>segment earnings</td><td>$ 212.9</td><td>$ 214.8</td><td>$ 230.9</td></tr><tr><td>4</td><td>business consolidation costs ( a )</td><td>-3.2 ( 3.2 )</td><td>2212</td><td>2212</td></tr><tr><td>5</td><td>total segment earnings</td><td>$ 209.7</td><td>$ 214.8</td><td>$ 230.9</td></tr></table> ( a ) further details of these items are included in note 5 to the consolidated financial statements within item 8 of this report . the metal beverage packaging , europe , segment includes metal beverage packaging products manufactured in europe . ball packaging europe has manufacturing plants located in germany , the united kingdom , france , the netherlands , poland and serbia , and is the second largest metal beverage container business in europe . segment sales in 2010 decreased $ 41.9 million compared to 2009 , primarily due to unfavorable foreign exchange effects of $ 93 million and price and mix changes , partially offset by higher sales volumes . segment sales in 2009 as compared to 2008 were $ 129.2 million lower due to $ 110 million of unfavorable foreign exchange effects , partially offset by better commercial terms . sales volumes in 2009 were essentially flat compared to those in the prior year . segment earnings in 2010 decreased $ 1.9 million compared to 2009 , primarily the result of a $ 28 million increase related to higher sales volumes , offset by $ 18 million of negative effects from foreign currency translation and $ 12 million of higher inventory and other costs . while 2009 sales volumes were consistent with the prior year , the adverse effects of foreign currency translation , both within europe and on the conversion of the euro to the u.s . dollar , reduced segment earnings by $ 8 million . also contributing to lower segment earnings were higher cost inventory carried into 2009 and a change in sales mix , partially offset by better commercial terms in some of our contracts . on january 18 , 2011 , ball acquired aerocan s.a.s . ( aerocan ) , a leading european supplier of aluminum aerosol cans and bottles , for 20ac222.4 million ( approximately $ 300 million ) in cash and assumed debt . aerocan manufactures extruded aluminum aerosol cans and bottles , and the aluminum slugs used to make them , for customers in the personal care , pharmaceutical , beverage and food industries . it operates three aerosol can manufacturing plants 2013 one each in the czech republic , france and the united kingdom 2013 and is a 51 percent owner of a joint venture aluminum slug plant in france . the four plants employ approximately 560 people . the acquisition of aerocan will allow ball to enter a growing part of the metal packaging industry and to broaden the company 2019s market development efforts into a new customer base. .
Question: what was the total of net sales metal beverage packaging in 2010?
Answer: 1697.6
Question: and what was that in 2009?
Answer: 1739.5
Question: what is, then, the difference between the net sales in 2010 and 2009?
| -41.9 |
CONVFINQA4062 | Read the following texts and table with financial data from an S&P 500 earnings report 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 20 of 100 segment sales were $ 100.7 million lower in 2009 than in 2008 , primarily as a result of the impact of lower aluminum prices partially offset by an increase in sales volumes . the higher sales volumes in 2009 were the result of incremental volumes from the four plants purchased from ab inbev , partially offset by certain plant closures and lower sales volumes in the existing business . segment earnings in 2010 were $ 122.3 million higher than in 2009 primarily due to a net $ 85 million impact related to the higher sales volumes and $ 45 million of product mix and improved manufacturing performance associated with higher production . also adding to the 2010 improvement was the effect of a $ 7 million out-of-period inventory charge in 2009 . the details of the out-of-period adjustment are included in note 7 to the consolidated financial statements included within item 8 of this report . segment earnings in 2009 were higher than in 2008 due to $ 12 million of earnings contribution from the four acquired plants and approximately $ 21 million of savings associated with plant closures . partially offsetting these favorable impacts were lower carbonated soft drink and beer can sales volumes ( excluding the newly acquired plants ) and approximately $ 25 million related to higher cost inventories in the first half of 2009 . metal beverage packaging , europe . <table class='wikitable'><tr><td>1</td><td>( $ in millions )</td><td>2010</td><td>2009</td><td>2008</td></tr><tr><td>2</td><td>net sales</td><td>$ 1697.6</td><td>$ 1739.5</td><td>$ 1868.7</td></tr><tr><td>3</td><td>segment earnings</td><td>$ 212.9</td><td>$ 214.8</td><td>$ 230.9</td></tr><tr><td>4</td><td>business consolidation costs ( a )</td><td>-3.2 ( 3.2 )</td><td>2212</td><td>2212</td></tr><tr><td>5</td><td>total segment earnings</td><td>$ 209.7</td><td>$ 214.8</td><td>$ 230.9</td></tr></table> ( a ) further details of these items are included in note 5 to the consolidated financial statements within item 8 of this report . the metal beverage packaging , europe , segment includes metal beverage packaging products manufactured in europe . ball packaging europe has manufacturing plants located in germany , the united kingdom , france , the netherlands , poland and serbia , and is the second largest metal beverage container business in europe . segment sales in 2010 decreased $ 41.9 million compared to 2009 , primarily due to unfavorable foreign exchange effects of $ 93 million and price and mix changes , partially offset by higher sales volumes . segment sales in 2009 as compared to 2008 were $ 129.2 million lower due to $ 110 million of unfavorable foreign exchange effects , partially offset by better commercial terms . sales volumes in 2009 were essentially flat compared to those in the prior year . segment earnings in 2010 decreased $ 1.9 million compared to 2009 , primarily the result of a $ 28 million increase related to higher sales volumes , offset by $ 18 million of negative effects from foreign currency translation and $ 12 million of higher inventory and other costs . while 2009 sales volumes were consistent with the prior year , the adverse effects of foreign currency translation , both within europe and on the conversion of the euro to the u.s . dollar , reduced segment earnings by $ 8 million . also contributing to lower segment earnings were higher cost inventory carried into 2009 and a change in sales mix , partially offset by better commercial terms in some of our contracts . on january 18 , 2011 , ball acquired aerocan s.a.s . ( aerocan ) , a leading european supplier of aluminum aerosol cans and bottles , for 20ac222.4 million ( approximately $ 300 million ) in cash and assumed debt . aerocan manufactures extruded aluminum aerosol cans and bottles , and the aluminum slugs used to make them , for customers in the personal care , pharmaceutical , beverage and food industries . it operates three aerosol can manufacturing plants 2013 one each in the czech republic , france and the united kingdom 2013 and is a 51 percent owner of a joint venture aluminum slug plant in france . the four plants employ approximately 560 people . the acquisition of aerocan will allow ball to enter a growing part of the metal packaging industry and to broaden the company 2019s market development efforts into a new customer base. .
Question: what was the total of net sales metal beverage packaging in 2010?
Answer: 1697.6
Question: and what was that in 2009?
Answer: 1739.5
Question: what is, then, the difference between the net sales in 2010 and 2009?
Answer: -41.9
Question: what was the total of net sales metal beverage packaging in 2009?
| 1739.5 |
CONVFINQA4063 | Read the following texts and table with financial data from an S&P 500 earnings report 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 20 of 100 segment sales were $ 100.7 million lower in 2009 than in 2008 , primarily as a result of the impact of lower aluminum prices partially offset by an increase in sales volumes . the higher sales volumes in 2009 were the result of incremental volumes from the four plants purchased from ab inbev , partially offset by certain plant closures and lower sales volumes in the existing business . segment earnings in 2010 were $ 122.3 million higher than in 2009 primarily due to a net $ 85 million impact related to the higher sales volumes and $ 45 million of product mix and improved manufacturing performance associated with higher production . also adding to the 2010 improvement was the effect of a $ 7 million out-of-period inventory charge in 2009 . the details of the out-of-period adjustment are included in note 7 to the consolidated financial statements included within item 8 of this report . segment earnings in 2009 were higher than in 2008 due to $ 12 million of earnings contribution from the four acquired plants and approximately $ 21 million of savings associated with plant closures . partially offsetting these favorable impacts were lower carbonated soft drink and beer can sales volumes ( excluding the newly acquired plants ) and approximately $ 25 million related to higher cost inventories in the first half of 2009 . metal beverage packaging , europe . <table class='wikitable'><tr><td>1</td><td>( $ in millions )</td><td>2010</td><td>2009</td><td>2008</td></tr><tr><td>2</td><td>net sales</td><td>$ 1697.6</td><td>$ 1739.5</td><td>$ 1868.7</td></tr><tr><td>3</td><td>segment earnings</td><td>$ 212.9</td><td>$ 214.8</td><td>$ 230.9</td></tr><tr><td>4</td><td>business consolidation costs ( a )</td><td>-3.2 ( 3.2 )</td><td>2212</td><td>2212</td></tr><tr><td>5</td><td>total segment earnings</td><td>$ 209.7</td><td>$ 214.8</td><td>$ 230.9</td></tr></table> ( a ) further details of these items are included in note 5 to the consolidated financial statements within item 8 of this report . the metal beverage packaging , europe , segment includes metal beverage packaging products manufactured in europe . ball packaging europe has manufacturing plants located in germany , the united kingdom , france , the netherlands , poland and serbia , and is the second largest metal beverage container business in europe . segment sales in 2010 decreased $ 41.9 million compared to 2009 , primarily due to unfavorable foreign exchange effects of $ 93 million and price and mix changes , partially offset by higher sales volumes . segment sales in 2009 as compared to 2008 were $ 129.2 million lower due to $ 110 million of unfavorable foreign exchange effects , partially offset by better commercial terms . sales volumes in 2009 were essentially flat compared to those in the prior year . segment earnings in 2010 decreased $ 1.9 million compared to 2009 , primarily the result of a $ 28 million increase related to higher sales volumes , offset by $ 18 million of negative effects from foreign currency translation and $ 12 million of higher inventory and other costs . while 2009 sales volumes were consistent with the prior year , the adverse effects of foreign currency translation , both within europe and on the conversion of the euro to the u.s . dollar , reduced segment earnings by $ 8 million . also contributing to lower segment earnings were higher cost inventory carried into 2009 and a change in sales mix , partially offset by better commercial terms in some of our contracts . on january 18 , 2011 , ball acquired aerocan s.a.s . ( aerocan ) , a leading european supplier of aluminum aerosol cans and bottles , for 20ac222.4 million ( approximately $ 300 million ) in cash and assumed debt . aerocan manufactures extruded aluminum aerosol cans and bottles , and the aluminum slugs used to make them , for customers in the personal care , pharmaceutical , beverage and food industries . it operates three aerosol can manufacturing plants 2013 one each in the czech republic , france and the united kingdom 2013 and is a 51 percent owner of a joint venture aluminum slug plant in france . the four plants employ approximately 560 people . the acquisition of aerocan will allow ball to enter a growing part of the metal packaging industry and to broaden the company 2019s market development efforts into a new customer base. .
Question: what was the total of net sales metal beverage packaging in 2010?
Answer: 1697.6
Question: and what was that in 2009?
Answer: 1739.5
Question: what is, then, the difference between the net sales in 2010 and 2009?
Answer: -41.9
Question: what was the total of net sales metal beverage packaging in 2009?
Answer: 1739.5
Question: how much, then, does that difference represent in relation to this 2009 total, in percentage?
| -0.02409 |
CONVFINQA4064 | Read the following texts and table with financial data from an S&P 500 earnings report 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 in 2008 , sales to the segment 2019s top five customers represented approximately 45% ( 45 % ) of the segment 2019s net sales . the segment 2019s backlog was $ 2.3 billion at december 31 , 2008 , compared to $ 2.6 billion at december 31 , 2007 . in 2008 , our digital video customers significantly increased their purchases of the segment 2019s products and services , primarily due to increased demand for digital entertainment devices , particularly ip and hd/dvr devices . in february 2008 , the segment acquired the assets related to digital cable set-top products of zhejiang dahua digital technology co. , ltd and hangzhou image silicon ( known collectively as dahua digital ) , a developer , manufacturer and marketer of cable set-tops and related low-cost integrated circuits for the emerging chinese cable business . the acquisition helped the segment strengthen its position in the rapidly growing cable market in china . enterprise mobility solutions segment the enterprise mobility solutions segment designs , manufactures , sells , installs and services analog and digital two-way radios , wireless lan and security products , voice and data communications products and systems for private networks , wireless broadband systems and end-to-end enterprise mobility solutions to a wide range of customers , including government and public safety agencies ( which , together with all sales to distributors of two-way communication products , are referred to as the 2018 2018government and public safety market 2019 2019 ) , as well as retail , energy and utilities , transportation , manufacturing , healthcare and other commercial customers ( which , collectively , are referred to as the 2018 2018commercial enterprise market 2019 2019 ) . in 2009 , the segment 2019s net sales represented 32% ( 32 % ) of the company 2019s consolidated net sales , compared to 27% ( 27 % ) in 2008 and 21% ( 21 % ) in 2007 . years ended december 31 percent change ( dollars in millions ) 2009 2008 2007 2009 20142008 2008 20142007 . <table class='wikitable'><tr><td>1</td><td>( dollars in millions )</td><td>years ended december 31 2009</td><td>years ended december 31 2008</td><td>years ended december 31 2007</td><td>years ended december 31 2009 20142008</td><td>2008 20142007</td></tr><tr><td>2</td><td>segment net sales</td><td>$ 7008</td><td>$ 8093</td><td>$ 7729</td><td>( 13 ) % ( % )</td><td>5% ( 5 % )</td></tr><tr><td>3</td><td>operating earnings</td><td>1057</td><td>1496</td><td>1213</td><td>( 29 ) % ( % )</td><td>23% ( 23 % )</td></tr></table> segment results 20142009 compared to 2008 in 2009 , the segment 2019s net sales were $ 7.0 billion , a decrease of 13% ( 13 % ) compared to net sales of $ 8.1 billion in 2008 . the 13% ( 13 % ) decrease in net sales reflects a 21% ( 21 % ) decrease in net sales to the commercial enterprise market and a 10% ( 10 % ) decrease in net sales to the government and public safety market . the decrease in net sales to the commercial enterprise market reflects decreased net sales in all regions . the decrease in net sales to the government and public safety market was primarily driven by decreased net sales in emea , north america and latin america , partially offset by higher net sales in asia . the segment 2019s overall net sales were lower in north america , emea and latin america and higher in asia the segment had operating earnings of $ 1.1 billion in 2009 , a decrease of 29% ( 29 % ) compared to operating earnings of $ 1.5 billion in 2008 . the decrease in operating earnings was primarily due to a decrease in gross margin , driven by the 13% ( 13 % ) decrease in net sales and an unfavorable product mix . also contributing to the decrease in operating earnings was an increase in reorganization of business charges , relating primarily to higher employee severance costs . these factors were partially offset by decreased sg&a expenses and r&d expenditures , primarily related to savings from cost-reduction initiatives . as a percentage of net sales in 2009 as compared 2008 , gross margin decreased and r&d expenditures and sg&a expenses increased . net sales in north america continued to comprise a significant portion of the segment 2019s business , accounting for approximately 58% ( 58 % ) of the segment 2019s net sales in 2009 , compared to approximately 57% ( 57 % ) in 2008 . the regional shift in 2009 as compared to 2008 reflects a 16% ( 16 % ) decline in net sales outside of north america and a 12% ( 12 % ) decline in net sales in north america . the segment 2019s backlog was $ 2.4 billion at both december 31 , 2009 and december 31 , 2008 . in our government and public safety market , we see a continued emphasis on mission-critical communication and homeland security solutions . in 2009 , we led market innovation through the continued success of our mototrbo line and the delivery of the apx fffd family of products . while spending by end customers in the segment 2019s government and public safety market is affected by government budgets at the national , state and local levels , we continue to see demand for large-scale mission critical communications systems . in 2009 , we had significant wins across the globe , including several city and statewide communications systems in the united states , and continued success winning competitive projects with our tetra systems in europe , the middle east .
Question: what is the 2009 segment sales multiplied by 32%?
| 2242.56 |
CONVFINQA4065 | Read the following texts and table with financial data from an S&P 500 earnings report 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 in 2008 , sales to the segment 2019s top five customers represented approximately 45% ( 45 % ) of the segment 2019s net sales . the segment 2019s backlog was $ 2.3 billion at december 31 , 2008 , compared to $ 2.6 billion at december 31 , 2007 . in 2008 , our digital video customers significantly increased their purchases of the segment 2019s products and services , primarily due to increased demand for digital entertainment devices , particularly ip and hd/dvr devices . in february 2008 , the segment acquired the assets related to digital cable set-top products of zhejiang dahua digital technology co. , ltd and hangzhou image silicon ( known collectively as dahua digital ) , a developer , manufacturer and marketer of cable set-tops and related low-cost integrated circuits for the emerging chinese cable business . the acquisition helped the segment strengthen its position in the rapidly growing cable market in china . enterprise mobility solutions segment the enterprise mobility solutions segment designs , manufactures , sells , installs and services analog and digital two-way radios , wireless lan and security products , voice and data communications products and systems for private networks , wireless broadband systems and end-to-end enterprise mobility solutions to a wide range of customers , including government and public safety agencies ( which , together with all sales to distributors of two-way communication products , are referred to as the 2018 2018government and public safety market 2019 2019 ) , as well as retail , energy and utilities , transportation , manufacturing , healthcare and other commercial customers ( which , collectively , are referred to as the 2018 2018commercial enterprise market 2019 2019 ) . in 2009 , the segment 2019s net sales represented 32% ( 32 % ) of the company 2019s consolidated net sales , compared to 27% ( 27 % ) in 2008 and 21% ( 21 % ) in 2007 . years ended december 31 percent change ( dollars in millions ) 2009 2008 2007 2009 20142008 2008 20142007 . <table class='wikitable'><tr><td>1</td><td>( dollars in millions )</td><td>years ended december 31 2009</td><td>years ended december 31 2008</td><td>years ended december 31 2007</td><td>years ended december 31 2009 20142008</td><td>2008 20142007</td></tr><tr><td>2</td><td>segment net sales</td><td>$ 7008</td><td>$ 8093</td><td>$ 7729</td><td>( 13 ) % ( % )</td><td>5% ( 5 % )</td></tr><tr><td>3</td><td>operating earnings</td><td>1057</td><td>1496</td><td>1213</td><td>( 29 ) % ( % )</td><td>23% ( 23 % )</td></tr></table> segment results 20142009 compared to 2008 in 2009 , the segment 2019s net sales were $ 7.0 billion , a decrease of 13% ( 13 % ) compared to net sales of $ 8.1 billion in 2008 . the 13% ( 13 % ) decrease in net sales reflects a 21% ( 21 % ) decrease in net sales to the commercial enterprise market and a 10% ( 10 % ) decrease in net sales to the government and public safety market . the decrease in net sales to the commercial enterprise market reflects decreased net sales in all regions . the decrease in net sales to the government and public safety market was primarily driven by decreased net sales in emea , north america and latin america , partially offset by higher net sales in asia . the segment 2019s overall net sales were lower in north america , emea and latin america and higher in asia the segment had operating earnings of $ 1.1 billion in 2009 , a decrease of 29% ( 29 % ) compared to operating earnings of $ 1.5 billion in 2008 . the decrease in operating earnings was primarily due to a decrease in gross margin , driven by the 13% ( 13 % ) decrease in net sales and an unfavorable product mix . also contributing to the decrease in operating earnings was an increase in reorganization of business charges , relating primarily to higher employee severance costs . these factors were partially offset by decreased sg&a expenses and r&d expenditures , primarily related to savings from cost-reduction initiatives . as a percentage of net sales in 2009 as compared 2008 , gross margin decreased and r&d expenditures and sg&a expenses increased . net sales in north america continued to comprise a significant portion of the segment 2019s business , accounting for approximately 58% ( 58 % ) of the segment 2019s net sales in 2009 , compared to approximately 57% ( 57 % ) in 2008 . the regional shift in 2009 as compared to 2008 reflects a 16% ( 16 % ) decline in net sales outside of north america and a 12% ( 12 % ) decline in net sales in north america . the segment 2019s backlog was $ 2.4 billion at both december 31 , 2009 and december 31 , 2008 . in our government and public safety market , we see a continued emphasis on mission-critical communication and homeland security solutions . in 2009 , we led market innovation through the continued success of our mototrbo line and the delivery of the apx fffd family of products . while spending by end customers in the segment 2019s government and public safety market is affected by government budgets at the national , state and local levels , we continue to see demand for large-scale mission critical communications systems . in 2009 , we had significant wins across the globe , including several city and statewide communications systems in the united states , and continued success winning competitive projects with our tetra systems in europe , the middle east .
Question: what is the 2009 segment sales multiplied by 32%?
Answer: 2242.56
Question: what is the 2007 segment sales multiplied by 21%
| 1623.09 |
CONVFINQA4066 | Read the following texts and table with financial data from an S&P 500 earnings report 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 in 2008 , sales to the segment 2019s top five customers represented approximately 45% ( 45 % ) of the segment 2019s net sales . the segment 2019s backlog was $ 2.3 billion at december 31 , 2008 , compared to $ 2.6 billion at december 31 , 2007 . in 2008 , our digital video customers significantly increased their purchases of the segment 2019s products and services , primarily due to increased demand for digital entertainment devices , particularly ip and hd/dvr devices . in february 2008 , the segment acquired the assets related to digital cable set-top products of zhejiang dahua digital technology co. , ltd and hangzhou image silicon ( known collectively as dahua digital ) , a developer , manufacturer and marketer of cable set-tops and related low-cost integrated circuits for the emerging chinese cable business . the acquisition helped the segment strengthen its position in the rapidly growing cable market in china . enterprise mobility solutions segment the enterprise mobility solutions segment designs , manufactures , sells , installs and services analog and digital two-way radios , wireless lan and security products , voice and data communications products and systems for private networks , wireless broadband systems and end-to-end enterprise mobility solutions to a wide range of customers , including government and public safety agencies ( which , together with all sales to distributors of two-way communication products , are referred to as the 2018 2018government and public safety market 2019 2019 ) , as well as retail , energy and utilities , transportation , manufacturing , healthcare and other commercial customers ( which , collectively , are referred to as the 2018 2018commercial enterprise market 2019 2019 ) . in 2009 , the segment 2019s net sales represented 32% ( 32 % ) of the company 2019s consolidated net sales , compared to 27% ( 27 % ) in 2008 and 21% ( 21 % ) in 2007 . years ended december 31 percent change ( dollars in millions ) 2009 2008 2007 2009 20142008 2008 20142007 . <table class='wikitable'><tr><td>1</td><td>( dollars in millions )</td><td>years ended december 31 2009</td><td>years ended december 31 2008</td><td>years ended december 31 2007</td><td>years ended december 31 2009 20142008</td><td>2008 20142007</td></tr><tr><td>2</td><td>segment net sales</td><td>$ 7008</td><td>$ 8093</td><td>$ 7729</td><td>( 13 ) % ( % )</td><td>5% ( 5 % )</td></tr><tr><td>3</td><td>operating earnings</td><td>1057</td><td>1496</td><td>1213</td><td>( 29 ) % ( % )</td><td>23% ( 23 % )</td></tr></table> segment results 20142009 compared to 2008 in 2009 , the segment 2019s net sales were $ 7.0 billion , a decrease of 13% ( 13 % ) compared to net sales of $ 8.1 billion in 2008 . the 13% ( 13 % ) decrease in net sales reflects a 21% ( 21 % ) decrease in net sales to the commercial enterprise market and a 10% ( 10 % ) decrease in net sales to the government and public safety market . the decrease in net sales to the commercial enterprise market reflects decreased net sales in all regions . the decrease in net sales to the government and public safety market was primarily driven by decreased net sales in emea , north america and latin america , partially offset by higher net sales in asia . the segment 2019s overall net sales were lower in north america , emea and latin america and higher in asia the segment had operating earnings of $ 1.1 billion in 2009 , a decrease of 29% ( 29 % ) compared to operating earnings of $ 1.5 billion in 2008 . the decrease in operating earnings was primarily due to a decrease in gross margin , driven by the 13% ( 13 % ) decrease in net sales and an unfavorable product mix . also contributing to the decrease in operating earnings was an increase in reorganization of business charges , relating primarily to higher employee severance costs . these factors were partially offset by decreased sg&a expenses and r&d expenditures , primarily related to savings from cost-reduction initiatives . as a percentage of net sales in 2009 as compared 2008 , gross margin decreased and r&d expenditures and sg&a expenses increased . net sales in north america continued to comprise a significant portion of the segment 2019s business , accounting for approximately 58% ( 58 % ) of the segment 2019s net sales in 2009 , compared to approximately 57% ( 57 % ) in 2008 . the regional shift in 2009 as compared to 2008 reflects a 16% ( 16 % ) decline in net sales outside of north america and a 12% ( 12 % ) decline in net sales in north america . the segment 2019s backlog was $ 2.4 billion at both december 31 , 2009 and december 31 , 2008 . in our government and public safety market , we see a continued emphasis on mission-critical communication and homeland security solutions . in 2009 , we led market innovation through the continued success of our mototrbo line and the delivery of the apx fffd family of products . while spending by end customers in the segment 2019s government and public safety market is affected by government budgets at the national , state and local levels , we continue to see demand for large-scale mission critical communications systems . in 2009 , we had significant wins across the globe , including several city and statewide communications systems in the united states , and continued success winning competitive projects with our tetra systems in europe , the middle east .
Question: what is the 2009 segment sales multiplied by 32%?
Answer: 2242.56
Question: what is the 2007 segment sales multiplied by 21%
Answer: 1623.09
Question: what is the difference in weighted segment sales?
| 619.47 |
CONVFINQA4067 | Read the following texts and table with financial data from an S&P 500 earnings report 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 in 2008 , sales to the segment 2019s top five customers represented approximately 45% ( 45 % ) of the segment 2019s net sales . the segment 2019s backlog was $ 2.3 billion at december 31 , 2008 , compared to $ 2.6 billion at december 31 , 2007 . in 2008 , our digital video customers significantly increased their purchases of the segment 2019s products and services , primarily due to increased demand for digital entertainment devices , particularly ip and hd/dvr devices . in february 2008 , the segment acquired the assets related to digital cable set-top products of zhejiang dahua digital technology co. , ltd and hangzhou image silicon ( known collectively as dahua digital ) , a developer , manufacturer and marketer of cable set-tops and related low-cost integrated circuits for the emerging chinese cable business . the acquisition helped the segment strengthen its position in the rapidly growing cable market in china . enterprise mobility solutions segment the enterprise mobility solutions segment designs , manufactures , sells , installs and services analog and digital two-way radios , wireless lan and security products , voice and data communications products and systems for private networks , wireless broadband systems and end-to-end enterprise mobility solutions to a wide range of customers , including government and public safety agencies ( which , together with all sales to distributors of two-way communication products , are referred to as the 2018 2018government and public safety market 2019 2019 ) , as well as retail , energy and utilities , transportation , manufacturing , healthcare and other commercial customers ( which , collectively , are referred to as the 2018 2018commercial enterprise market 2019 2019 ) . in 2009 , the segment 2019s net sales represented 32% ( 32 % ) of the company 2019s consolidated net sales , compared to 27% ( 27 % ) in 2008 and 21% ( 21 % ) in 2007 . years ended december 31 percent change ( dollars in millions ) 2009 2008 2007 2009 20142008 2008 20142007 . <table class='wikitable'><tr><td>1</td><td>( dollars in millions )</td><td>years ended december 31 2009</td><td>years ended december 31 2008</td><td>years ended december 31 2007</td><td>years ended december 31 2009 20142008</td><td>2008 20142007</td></tr><tr><td>2</td><td>segment net sales</td><td>$ 7008</td><td>$ 8093</td><td>$ 7729</td><td>( 13 ) % ( % )</td><td>5% ( 5 % )</td></tr><tr><td>3</td><td>operating earnings</td><td>1057</td><td>1496</td><td>1213</td><td>( 29 ) % ( % )</td><td>23% ( 23 % )</td></tr></table> segment results 20142009 compared to 2008 in 2009 , the segment 2019s net sales were $ 7.0 billion , a decrease of 13% ( 13 % ) compared to net sales of $ 8.1 billion in 2008 . the 13% ( 13 % ) decrease in net sales reflects a 21% ( 21 % ) decrease in net sales to the commercial enterprise market and a 10% ( 10 % ) decrease in net sales to the government and public safety market . the decrease in net sales to the commercial enterprise market reflects decreased net sales in all regions . the decrease in net sales to the government and public safety market was primarily driven by decreased net sales in emea , north america and latin america , partially offset by higher net sales in asia . the segment 2019s overall net sales were lower in north america , emea and latin america and higher in asia the segment had operating earnings of $ 1.1 billion in 2009 , a decrease of 29% ( 29 % ) compared to operating earnings of $ 1.5 billion in 2008 . the decrease in operating earnings was primarily due to a decrease in gross margin , driven by the 13% ( 13 % ) decrease in net sales and an unfavorable product mix . also contributing to the decrease in operating earnings was an increase in reorganization of business charges , relating primarily to higher employee severance costs . these factors were partially offset by decreased sg&a expenses and r&d expenditures , primarily related to savings from cost-reduction initiatives . as a percentage of net sales in 2009 as compared 2008 , gross margin decreased and r&d expenditures and sg&a expenses increased . net sales in north america continued to comprise a significant portion of the segment 2019s business , accounting for approximately 58% ( 58 % ) of the segment 2019s net sales in 2009 , compared to approximately 57% ( 57 % ) in 2008 . the regional shift in 2009 as compared to 2008 reflects a 16% ( 16 % ) decline in net sales outside of north america and a 12% ( 12 % ) decline in net sales in north america . the segment 2019s backlog was $ 2.4 billion at both december 31 , 2009 and december 31 , 2008 . in our government and public safety market , we see a continued emphasis on mission-critical communication and homeland security solutions . in 2009 , we led market innovation through the continued success of our mototrbo line and the delivery of the apx fffd family of products . while spending by end customers in the segment 2019s government and public safety market is affected by government budgets at the national , state and local levels , we continue to see demand for large-scale mission critical communications systems . in 2009 , we had significant wins across the globe , including several city and statewide communications systems in the united states , and continued success winning competitive projects with our tetra systems in europe , the middle east .
Question: what is the 2009 segment sales multiplied by 32%?
Answer: 2242.56
Question: what is the 2007 segment sales multiplied by 21%
Answer: 1623.09
Question: what is the difference in weighted segment sales?
Answer: 619.47
Question: what is the percent change?
| 0.38166 |
CONVFINQA4068 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
blackrock n 96 n notes in april 2009 , the company acquired $ 2 million of finite- lived management contracts with a five-year estimated useful life associated with the acquisition of the r3 capital partners funds . in december 2009 , in conjunction with the bgi trans- action , the company acquired $ 163 million of finite- lived management contracts with a weighted-average estimated useful life of approximately 10 years . estimated amortization expense for finite-lived intangible assets for each of the five succeeding years is as follows : ( dollar amounts in millions ) . <table class='wikitable'><tr><td>1</td><td>2010</td><td>$ 160</td></tr><tr><td>2</td><td>2011</td><td>157</td></tr><tr><td>3</td><td>2012</td><td>156</td></tr><tr><td>4</td><td>2013</td><td>155</td></tr><tr><td>5</td><td>2014</td><td>149</td></tr></table> indefinite-lived acquired management contracts on september 29 , 2006 , in conjunction with the mlim transaction , the company acquired indefinite-lived man- agement contracts valued at $ 4477 million consisting of $ 4271 million for all retail mutual funds and $ 206 million for alternative investment products . on october 1 , 2007 , in conjunction with the quellos transaction , the company acquired $ 631 million in indefinite-lived management contracts associated with alternative investment products . on october 1 , 2007 , the company purchased the remain- ing 20% ( 20 % ) of an investment manager of a fund of hedge funds . in conjunction with this transaction , the company recorded $ 8 million in additional indefinite-lived management contracts associated with alternative investment products . on december 1 , 2009 , in conjunction with the bgi transaction , the company acquired $ 9785 million in indefinite-lived management contracts valued consisting primarily for exchange traded funds and common and collective trusts . indefinite-lived acquired trade names/trademarks on december 1 , 2009 , in conjunction with the bgi transaction , the company acquired trade names/ trademarks primarily related to ishares valued at $ 1402.5 million . the fair value was determined using a royalty rate based primarily on normalized marketing and promotion expenditures to develop and support the brands globally . 13 . borrowings short-term borrowings 2007 facility in august 2007 , the company entered into a five-year $ 2.5 billion unsecured revolving credit facility ( the 201c2007 facility 201d ) , which permits the company to request an additional $ 500 million of borrowing capacity , subject to lender credit approval , up to a maximum of $ 3.0 billion . the 2007 facility requires the company not to exceed a maximum leverage ratio ( ratio of net debt to earnings before interest , taxes , depreciation and amortiza- tion , where net debt equals total debt less domestic unrestricted cash ) of 3 to 1 , which was satisfied with a ratio of less than 1 to 1 at december 31 , 2009 . the 2007 facility provides back-up liquidity , funds ongoing working capital for general corporate purposes and funds various investment opportunities . at december 31 , 2009 , the company had $ 200 million outstanding under the 2007 facility with an interest rate of 0.44% ( 0.44 % ) and a maturity date during february 2010 . during february 2010 , the company rolled over $ 100 million in borrowings with an interest rate of 0.43% ( 0.43 % ) and a maturity date in may 2010 . lehman commercial paper inc . has a $ 140 million participation under the 2007 facility ; however blackrock does not expect that lehman commercial paper inc . will honor its commitment to fund additional amounts . bank of america , a related party , has a $ 140 million participation under the 2007 facility . in december 2007 , in order to support two enhanced cash funds that blackrock manages , blackrock elected to procure two letters of credit under the existing 2007 facility in an aggregate amount of $ 100 million . in decem- ber 2008 , the letters of credit were terminated . commercial paper program on october 14 , 2009 , blackrock established a com- mercial paper program ( the 201ccp program 201d ) under which the company may issue unsecured commercial paper notes ( the 201ccp notes 201d ) on a private placement basis up to a maximum aggregate amount outstanding at any time of $ 3 billion . the proceeds of the commercial paper issuances were used for the financing of a portion of the bgi transaction . subsidiaries of bank of america and barclays , as well as other third parties , act as dealers under the cp program . the cp program is supported by the 2007 facility . the company began issuance of cp notes under the cp program on november 4 , 2009 . as of december 31 , 2009 , blackrock had approximately $ 2 billion of out- standing cp notes with a weighted average interest rate of 0.20% ( 0.20 % ) and a weighted average maturity of 23 days . since december 31 , 2009 , the company repaid approxi- mately $ 1.4 billion of cp notes with proceeds from the long-term notes issued in december 2009 . as of march 5 , 2010 , blackrock had $ 596 million of outstanding cp notes with a weighted average interest rate of 0.18% ( 0.18 % ) and a weighted average maturity of 38 days . japan commitment-line in june 2008 , blackrock japan co. , ltd. , a wholly owned subsidiary of the company , entered into a five billion japanese yen commitment-line agreement with a bank- ing institution ( the 201cjapan commitment-line 201d ) . the term of the japan commitment-line was one year and interest accrued at the applicable japanese short-term prime rate . in june 2009 , blackrock japan co. , ltd . renewed the japan commitment-line for a term of one year . the japan commitment-line is intended to provide liquid- ity and flexibility for operating requirements in japan . at december 31 , 2009 , the company had no borrowings outstanding on the japan commitment-line . convertible debentures in february 2005 , the company issued $ 250 million aggregate principal amount of convertible debentures ( the 201cdebentures 201d ) , due in 2035 and bearing interest at a rate of 2.625% ( 2.625 % ) per annum . interest is payable semi- annually in arrears on february 15 and august 15 of each year , and commenced august 15 , 2005 . prior to february 15 , 2009 , the debentures could have been convertible at the option of the holder at a decem- ber 31 , 2008 conversion rate of 9.9639 shares of common stock per one dollar principal amount of debentures under certain circumstances . the debentures would have been convertible into cash and , in some situations as described below , additional shares of the company 2019s common stock , if during the five business day period after any five consecutive trading day period the trading price per debenture for each day of such period is less than 103% ( 103 % ) of the product of the last reported sales price of blackrock 2019s common stock and the conversion rate of the debentures on each such day or upon the occurrence of certain other corporate events , such as a distribution to the holders of blackrock common stock of certain rights , assets or debt securities , if the company becomes party to a merger , consolidation or transfer of all or substantially all of its assets or a change of control of the company . on february 15 , 2009 , the debentures became convertible into cash at any time prior to maturity at the option of the holder and , in some situations as described below , additional shares of the company 2019s common stock at the current conversion rate . at the time the debentures are tendered for conver- sion , for each one dollar principal amount of debentures converted , a holder shall be entitled to receive cash and shares of blackrock common stock , if any , the aggregate value of which ( the 201cconversion value 201d ) will be deter- mined by multiplying the applicable conversion rate by the average of the daily volume weighted average price of blackrock common stock for each of the ten consecutive trading days beginning on the second trading day imme- diately following the day the debentures are tendered for conversion ( the 201cten-day weighted average price 201d ) . the company will deliver the conversion value to holders as follows : ( 1 ) an amount in cash ( the 201cprincipal return 201d ) equal to the lesser of ( a ) the aggregate conversion value of the debentures to be converted and ( b ) the aggregate principal amount of the debentures to be converted , and ( 2 ) if the aggregate conversion value of the debentures to be converted is greater than the principal return , an amount in shares ( the 201cnet shares 201d ) , determined as set forth below , equal to such aggregate conversion value less the principal return ( the 201cnet share amount 201d ) . the number of net shares to be paid will be determined by dividing the net share amount by the ten-day weighted average price . in lieu of delivering fractional shares , the company will deliver cash based on the ten-day weighted average price . the conversion rate for the debentures is subject to adjustments upon the occurrence of certain corporate events , such as a change of control of the company , 193253ti_txt.indd 96 4/2/10 1:18 pm .
Question: what was the change in the estimated amortization expense for finite-lived intangible assets from 2010 to 2011?
| 3.0 |
CONVFINQA4069 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
blackrock n 96 n notes in april 2009 , the company acquired $ 2 million of finite- lived management contracts with a five-year estimated useful life associated with the acquisition of the r3 capital partners funds . in december 2009 , in conjunction with the bgi trans- action , the company acquired $ 163 million of finite- lived management contracts with a weighted-average estimated useful life of approximately 10 years . estimated amortization expense for finite-lived intangible assets for each of the five succeeding years is as follows : ( dollar amounts in millions ) . <table class='wikitable'><tr><td>1</td><td>2010</td><td>$ 160</td></tr><tr><td>2</td><td>2011</td><td>157</td></tr><tr><td>3</td><td>2012</td><td>156</td></tr><tr><td>4</td><td>2013</td><td>155</td></tr><tr><td>5</td><td>2014</td><td>149</td></tr></table> indefinite-lived acquired management contracts on september 29 , 2006 , in conjunction with the mlim transaction , the company acquired indefinite-lived man- agement contracts valued at $ 4477 million consisting of $ 4271 million for all retail mutual funds and $ 206 million for alternative investment products . on october 1 , 2007 , in conjunction with the quellos transaction , the company acquired $ 631 million in indefinite-lived management contracts associated with alternative investment products . on october 1 , 2007 , the company purchased the remain- ing 20% ( 20 % ) of an investment manager of a fund of hedge funds . in conjunction with this transaction , the company recorded $ 8 million in additional indefinite-lived management contracts associated with alternative investment products . on december 1 , 2009 , in conjunction with the bgi transaction , the company acquired $ 9785 million in indefinite-lived management contracts valued consisting primarily for exchange traded funds and common and collective trusts . indefinite-lived acquired trade names/trademarks on december 1 , 2009 , in conjunction with the bgi transaction , the company acquired trade names/ trademarks primarily related to ishares valued at $ 1402.5 million . the fair value was determined using a royalty rate based primarily on normalized marketing and promotion expenditures to develop and support the brands globally . 13 . borrowings short-term borrowings 2007 facility in august 2007 , the company entered into a five-year $ 2.5 billion unsecured revolving credit facility ( the 201c2007 facility 201d ) , which permits the company to request an additional $ 500 million of borrowing capacity , subject to lender credit approval , up to a maximum of $ 3.0 billion . the 2007 facility requires the company not to exceed a maximum leverage ratio ( ratio of net debt to earnings before interest , taxes , depreciation and amortiza- tion , where net debt equals total debt less domestic unrestricted cash ) of 3 to 1 , which was satisfied with a ratio of less than 1 to 1 at december 31 , 2009 . the 2007 facility provides back-up liquidity , funds ongoing working capital for general corporate purposes and funds various investment opportunities . at december 31 , 2009 , the company had $ 200 million outstanding under the 2007 facility with an interest rate of 0.44% ( 0.44 % ) and a maturity date during february 2010 . during february 2010 , the company rolled over $ 100 million in borrowings with an interest rate of 0.43% ( 0.43 % ) and a maturity date in may 2010 . lehman commercial paper inc . has a $ 140 million participation under the 2007 facility ; however blackrock does not expect that lehman commercial paper inc . will honor its commitment to fund additional amounts . bank of america , a related party , has a $ 140 million participation under the 2007 facility . in december 2007 , in order to support two enhanced cash funds that blackrock manages , blackrock elected to procure two letters of credit under the existing 2007 facility in an aggregate amount of $ 100 million . in decem- ber 2008 , the letters of credit were terminated . commercial paper program on october 14 , 2009 , blackrock established a com- mercial paper program ( the 201ccp program 201d ) under which the company may issue unsecured commercial paper notes ( the 201ccp notes 201d ) on a private placement basis up to a maximum aggregate amount outstanding at any time of $ 3 billion . the proceeds of the commercial paper issuances were used for the financing of a portion of the bgi transaction . subsidiaries of bank of america and barclays , as well as other third parties , act as dealers under the cp program . the cp program is supported by the 2007 facility . the company began issuance of cp notes under the cp program on november 4 , 2009 . as of december 31 , 2009 , blackrock had approximately $ 2 billion of out- standing cp notes with a weighted average interest rate of 0.20% ( 0.20 % ) and a weighted average maturity of 23 days . since december 31 , 2009 , the company repaid approxi- mately $ 1.4 billion of cp notes with proceeds from the long-term notes issued in december 2009 . as of march 5 , 2010 , blackrock had $ 596 million of outstanding cp notes with a weighted average interest rate of 0.18% ( 0.18 % ) and a weighted average maturity of 38 days . japan commitment-line in june 2008 , blackrock japan co. , ltd. , a wholly owned subsidiary of the company , entered into a five billion japanese yen commitment-line agreement with a bank- ing institution ( the 201cjapan commitment-line 201d ) . the term of the japan commitment-line was one year and interest accrued at the applicable japanese short-term prime rate . in june 2009 , blackrock japan co. , ltd . renewed the japan commitment-line for a term of one year . the japan commitment-line is intended to provide liquid- ity and flexibility for operating requirements in japan . at december 31 , 2009 , the company had no borrowings outstanding on the japan commitment-line . convertible debentures in february 2005 , the company issued $ 250 million aggregate principal amount of convertible debentures ( the 201cdebentures 201d ) , due in 2035 and bearing interest at a rate of 2.625% ( 2.625 % ) per annum . interest is payable semi- annually in arrears on february 15 and august 15 of each year , and commenced august 15 , 2005 . prior to february 15 , 2009 , the debentures could have been convertible at the option of the holder at a decem- ber 31 , 2008 conversion rate of 9.9639 shares of common stock per one dollar principal amount of debentures under certain circumstances . the debentures would have been convertible into cash and , in some situations as described below , additional shares of the company 2019s common stock , if during the five business day period after any five consecutive trading day period the trading price per debenture for each day of such period is less than 103% ( 103 % ) of the product of the last reported sales price of blackrock 2019s common stock and the conversion rate of the debentures on each such day or upon the occurrence of certain other corporate events , such as a distribution to the holders of blackrock common stock of certain rights , assets or debt securities , if the company becomes party to a merger , consolidation or transfer of all or substantially all of its assets or a change of control of the company . on february 15 , 2009 , the debentures became convertible into cash at any time prior to maturity at the option of the holder and , in some situations as described below , additional shares of the company 2019s common stock at the current conversion rate . at the time the debentures are tendered for conver- sion , for each one dollar principal amount of debentures converted , a holder shall be entitled to receive cash and shares of blackrock common stock , if any , the aggregate value of which ( the 201cconversion value 201d ) will be deter- mined by multiplying the applicable conversion rate by the average of the daily volume weighted average price of blackrock common stock for each of the ten consecutive trading days beginning on the second trading day imme- diately following the day the debentures are tendered for conversion ( the 201cten-day weighted average price 201d ) . the company will deliver the conversion value to holders as follows : ( 1 ) an amount in cash ( the 201cprincipal return 201d ) equal to the lesser of ( a ) the aggregate conversion value of the debentures to be converted and ( b ) the aggregate principal amount of the debentures to be converted , and ( 2 ) if the aggregate conversion value of the debentures to be converted is greater than the principal return , an amount in shares ( the 201cnet shares 201d ) , determined as set forth below , equal to such aggregate conversion value less the principal return ( the 201cnet share amount 201d ) . the number of net shares to be paid will be determined by dividing the net share amount by the ten-day weighted average price . in lieu of delivering fractional shares , the company will deliver cash based on the ten-day weighted average price . the conversion rate for the debentures is subject to adjustments upon the occurrence of certain corporate events , such as a change of control of the company , 193253ti_txt.indd 96 4/2/10 1:18 pm .
Question: what was the change in the estimated amortization expense for finite-lived intangible assets from 2010 to 2011?
Answer: 3.0
Question: and what was this expense in 2010?
| 157.0 |
CONVFINQA4070 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
blackrock n 96 n notes in april 2009 , the company acquired $ 2 million of finite- lived management contracts with a five-year estimated useful life associated with the acquisition of the r3 capital partners funds . in december 2009 , in conjunction with the bgi trans- action , the company acquired $ 163 million of finite- lived management contracts with a weighted-average estimated useful life of approximately 10 years . estimated amortization expense for finite-lived intangible assets for each of the five succeeding years is as follows : ( dollar amounts in millions ) . <table class='wikitable'><tr><td>1</td><td>2010</td><td>$ 160</td></tr><tr><td>2</td><td>2011</td><td>157</td></tr><tr><td>3</td><td>2012</td><td>156</td></tr><tr><td>4</td><td>2013</td><td>155</td></tr><tr><td>5</td><td>2014</td><td>149</td></tr></table> indefinite-lived acquired management contracts on september 29 , 2006 , in conjunction with the mlim transaction , the company acquired indefinite-lived man- agement contracts valued at $ 4477 million consisting of $ 4271 million for all retail mutual funds and $ 206 million for alternative investment products . on october 1 , 2007 , in conjunction with the quellos transaction , the company acquired $ 631 million in indefinite-lived management contracts associated with alternative investment products . on october 1 , 2007 , the company purchased the remain- ing 20% ( 20 % ) of an investment manager of a fund of hedge funds . in conjunction with this transaction , the company recorded $ 8 million in additional indefinite-lived management contracts associated with alternative investment products . on december 1 , 2009 , in conjunction with the bgi transaction , the company acquired $ 9785 million in indefinite-lived management contracts valued consisting primarily for exchange traded funds and common and collective trusts . indefinite-lived acquired trade names/trademarks on december 1 , 2009 , in conjunction with the bgi transaction , the company acquired trade names/ trademarks primarily related to ishares valued at $ 1402.5 million . the fair value was determined using a royalty rate based primarily on normalized marketing and promotion expenditures to develop and support the brands globally . 13 . borrowings short-term borrowings 2007 facility in august 2007 , the company entered into a five-year $ 2.5 billion unsecured revolving credit facility ( the 201c2007 facility 201d ) , which permits the company to request an additional $ 500 million of borrowing capacity , subject to lender credit approval , up to a maximum of $ 3.0 billion . the 2007 facility requires the company not to exceed a maximum leverage ratio ( ratio of net debt to earnings before interest , taxes , depreciation and amortiza- tion , where net debt equals total debt less domestic unrestricted cash ) of 3 to 1 , which was satisfied with a ratio of less than 1 to 1 at december 31 , 2009 . the 2007 facility provides back-up liquidity , funds ongoing working capital for general corporate purposes and funds various investment opportunities . at december 31 , 2009 , the company had $ 200 million outstanding under the 2007 facility with an interest rate of 0.44% ( 0.44 % ) and a maturity date during february 2010 . during february 2010 , the company rolled over $ 100 million in borrowings with an interest rate of 0.43% ( 0.43 % ) and a maturity date in may 2010 . lehman commercial paper inc . has a $ 140 million participation under the 2007 facility ; however blackrock does not expect that lehman commercial paper inc . will honor its commitment to fund additional amounts . bank of america , a related party , has a $ 140 million participation under the 2007 facility . in december 2007 , in order to support two enhanced cash funds that blackrock manages , blackrock elected to procure two letters of credit under the existing 2007 facility in an aggregate amount of $ 100 million . in decem- ber 2008 , the letters of credit were terminated . commercial paper program on october 14 , 2009 , blackrock established a com- mercial paper program ( the 201ccp program 201d ) under which the company may issue unsecured commercial paper notes ( the 201ccp notes 201d ) on a private placement basis up to a maximum aggregate amount outstanding at any time of $ 3 billion . the proceeds of the commercial paper issuances were used for the financing of a portion of the bgi transaction . subsidiaries of bank of america and barclays , as well as other third parties , act as dealers under the cp program . the cp program is supported by the 2007 facility . the company began issuance of cp notes under the cp program on november 4 , 2009 . as of december 31 , 2009 , blackrock had approximately $ 2 billion of out- standing cp notes with a weighted average interest rate of 0.20% ( 0.20 % ) and a weighted average maturity of 23 days . since december 31 , 2009 , the company repaid approxi- mately $ 1.4 billion of cp notes with proceeds from the long-term notes issued in december 2009 . as of march 5 , 2010 , blackrock had $ 596 million of outstanding cp notes with a weighted average interest rate of 0.18% ( 0.18 % ) and a weighted average maturity of 38 days . japan commitment-line in june 2008 , blackrock japan co. , ltd. , a wholly owned subsidiary of the company , entered into a five billion japanese yen commitment-line agreement with a bank- ing institution ( the 201cjapan commitment-line 201d ) . the term of the japan commitment-line was one year and interest accrued at the applicable japanese short-term prime rate . in june 2009 , blackrock japan co. , ltd . renewed the japan commitment-line for a term of one year . the japan commitment-line is intended to provide liquid- ity and flexibility for operating requirements in japan . at december 31 , 2009 , the company had no borrowings outstanding on the japan commitment-line . convertible debentures in february 2005 , the company issued $ 250 million aggregate principal amount of convertible debentures ( the 201cdebentures 201d ) , due in 2035 and bearing interest at a rate of 2.625% ( 2.625 % ) per annum . interest is payable semi- annually in arrears on february 15 and august 15 of each year , and commenced august 15 , 2005 . prior to february 15 , 2009 , the debentures could have been convertible at the option of the holder at a decem- ber 31 , 2008 conversion rate of 9.9639 shares of common stock per one dollar principal amount of debentures under certain circumstances . the debentures would have been convertible into cash and , in some situations as described below , additional shares of the company 2019s common stock , if during the five business day period after any five consecutive trading day period the trading price per debenture for each day of such period is less than 103% ( 103 % ) of the product of the last reported sales price of blackrock 2019s common stock and the conversion rate of the debentures on each such day or upon the occurrence of certain other corporate events , such as a distribution to the holders of blackrock common stock of certain rights , assets or debt securities , if the company becomes party to a merger , consolidation or transfer of all or substantially all of its assets or a change of control of the company . on february 15 , 2009 , the debentures became convertible into cash at any time prior to maturity at the option of the holder and , in some situations as described below , additional shares of the company 2019s common stock at the current conversion rate . at the time the debentures are tendered for conver- sion , for each one dollar principal amount of debentures converted , a holder shall be entitled to receive cash and shares of blackrock common stock , if any , the aggregate value of which ( the 201cconversion value 201d ) will be deter- mined by multiplying the applicable conversion rate by the average of the daily volume weighted average price of blackrock common stock for each of the ten consecutive trading days beginning on the second trading day imme- diately following the day the debentures are tendered for conversion ( the 201cten-day weighted average price 201d ) . the company will deliver the conversion value to holders as follows : ( 1 ) an amount in cash ( the 201cprincipal return 201d ) equal to the lesser of ( a ) the aggregate conversion value of the debentures to be converted and ( b ) the aggregate principal amount of the debentures to be converted , and ( 2 ) if the aggregate conversion value of the debentures to be converted is greater than the principal return , an amount in shares ( the 201cnet shares 201d ) , determined as set forth below , equal to such aggregate conversion value less the principal return ( the 201cnet share amount 201d ) . the number of net shares to be paid will be determined by dividing the net share amount by the ten-day weighted average price . in lieu of delivering fractional shares , the company will deliver cash based on the ten-day weighted average price . the conversion rate for the debentures is subject to adjustments upon the occurrence of certain corporate events , such as a change of control of the company , 193253ti_txt.indd 96 4/2/10 1:18 pm .
Question: what was the change in the estimated amortization expense for finite-lived intangible assets from 2010 to 2011?
Answer: 3.0
Question: and what was this expense in 2010?
Answer: 157.0
Question: how much, then, in percentage, did that change represent in relation to this 2010 amount?
| 0.01911 |
CONVFINQA4071 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
blackrock n 96 n notes in april 2009 , the company acquired $ 2 million of finite- lived management contracts with a five-year estimated useful life associated with the acquisition of the r3 capital partners funds . in december 2009 , in conjunction with the bgi trans- action , the company acquired $ 163 million of finite- lived management contracts with a weighted-average estimated useful life of approximately 10 years . estimated amortization expense for finite-lived intangible assets for each of the five succeeding years is as follows : ( dollar amounts in millions ) . <table class='wikitable'><tr><td>1</td><td>2010</td><td>$ 160</td></tr><tr><td>2</td><td>2011</td><td>157</td></tr><tr><td>3</td><td>2012</td><td>156</td></tr><tr><td>4</td><td>2013</td><td>155</td></tr><tr><td>5</td><td>2014</td><td>149</td></tr></table> indefinite-lived acquired management contracts on september 29 , 2006 , in conjunction with the mlim transaction , the company acquired indefinite-lived man- agement contracts valued at $ 4477 million consisting of $ 4271 million for all retail mutual funds and $ 206 million for alternative investment products . on october 1 , 2007 , in conjunction with the quellos transaction , the company acquired $ 631 million in indefinite-lived management contracts associated with alternative investment products . on october 1 , 2007 , the company purchased the remain- ing 20% ( 20 % ) of an investment manager of a fund of hedge funds . in conjunction with this transaction , the company recorded $ 8 million in additional indefinite-lived management contracts associated with alternative investment products . on december 1 , 2009 , in conjunction with the bgi transaction , the company acquired $ 9785 million in indefinite-lived management contracts valued consisting primarily for exchange traded funds and common and collective trusts . indefinite-lived acquired trade names/trademarks on december 1 , 2009 , in conjunction with the bgi transaction , the company acquired trade names/ trademarks primarily related to ishares valued at $ 1402.5 million . the fair value was determined using a royalty rate based primarily on normalized marketing and promotion expenditures to develop and support the brands globally . 13 . borrowings short-term borrowings 2007 facility in august 2007 , the company entered into a five-year $ 2.5 billion unsecured revolving credit facility ( the 201c2007 facility 201d ) , which permits the company to request an additional $ 500 million of borrowing capacity , subject to lender credit approval , up to a maximum of $ 3.0 billion . the 2007 facility requires the company not to exceed a maximum leverage ratio ( ratio of net debt to earnings before interest , taxes , depreciation and amortiza- tion , where net debt equals total debt less domestic unrestricted cash ) of 3 to 1 , which was satisfied with a ratio of less than 1 to 1 at december 31 , 2009 . the 2007 facility provides back-up liquidity , funds ongoing working capital for general corporate purposes and funds various investment opportunities . at december 31 , 2009 , the company had $ 200 million outstanding under the 2007 facility with an interest rate of 0.44% ( 0.44 % ) and a maturity date during february 2010 . during february 2010 , the company rolled over $ 100 million in borrowings with an interest rate of 0.43% ( 0.43 % ) and a maturity date in may 2010 . lehman commercial paper inc . has a $ 140 million participation under the 2007 facility ; however blackrock does not expect that lehman commercial paper inc . will honor its commitment to fund additional amounts . bank of america , a related party , has a $ 140 million participation under the 2007 facility . in december 2007 , in order to support two enhanced cash funds that blackrock manages , blackrock elected to procure two letters of credit under the existing 2007 facility in an aggregate amount of $ 100 million . in decem- ber 2008 , the letters of credit were terminated . commercial paper program on october 14 , 2009 , blackrock established a com- mercial paper program ( the 201ccp program 201d ) under which the company may issue unsecured commercial paper notes ( the 201ccp notes 201d ) on a private placement basis up to a maximum aggregate amount outstanding at any time of $ 3 billion . the proceeds of the commercial paper issuances were used for the financing of a portion of the bgi transaction . subsidiaries of bank of america and barclays , as well as other third parties , act as dealers under the cp program . the cp program is supported by the 2007 facility . the company began issuance of cp notes under the cp program on november 4 , 2009 . as of december 31 , 2009 , blackrock had approximately $ 2 billion of out- standing cp notes with a weighted average interest rate of 0.20% ( 0.20 % ) and a weighted average maturity of 23 days . since december 31 , 2009 , the company repaid approxi- mately $ 1.4 billion of cp notes with proceeds from the long-term notes issued in december 2009 . as of march 5 , 2010 , blackrock had $ 596 million of outstanding cp notes with a weighted average interest rate of 0.18% ( 0.18 % ) and a weighted average maturity of 38 days . japan commitment-line in june 2008 , blackrock japan co. , ltd. , a wholly owned subsidiary of the company , entered into a five billion japanese yen commitment-line agreement with a bank- ing institution ( the 201cjapan commitment-line 201d ) . the term of the japan commitment-line was one year and interest accrued at the applicable japanese short-term prime rate . in june 2009 , blackrock japan co. , ltd . renewed the japan commitment-line for a term of one year . the japan commitment-line is intended to provide liquid- ity and flexibility for operating requirements in japan . at december 31 , 2009 , the company had no borrowings outstanding on the japan commitment-line . convertible debentures in february 2005 , the company issued $ 250 million aggregate principal amount of convertible debentures ( the 201cdebentures 201d ) , due in 2035 and bearing interest at a rate of 2.625% ( 2.625 % ) per annum . interest is payable semi- annually in arrears on february 15 and august 15 of each year , and commenced august 15 , 2005 . prior to february 15 , 2009 , the debentures could have been convertible at the option of the holder at a decem- ber 31 , 2008 conversion rate of 9.9639 shares of common stock per one dollar principal amount of debentures under certain circumstances . the debentures would have been convertible into cash and , in some situations as described below , additional shares of the company 2019s common stock , if during the five business day period after any five consecutive trading day period the trading price per debenture for each day of such period is less than 103% ( 103 % ) of the product of the last reported sales price of blackrock 2019s common stock and the conversion rate of the debentures on each such day or upon the occurrence of certain other corporate events , such as a distribution to the holders of blackrock common stock of certain rights , assets or debt securities , if the company becomes party to a merger , consolidation or transfer of all or substantially all of its assets or a change of control of the company . on february 15 , 2009 , the debentures became convertible into cash at any time prior to maturity at the option of the holder and , in some situations as described below , additional shares of the company 2019s common stock at the current conversion rate . at the time the debentures are tendered for conver- sion , for each one dollar principal amount of debentures converted , a holder shall be entitled to receive cash and shares of blackrock common stock , if any , the aggregate value of which ( the 201cconversion value 201d ) will be deter- mined by multiplying the applicable conversion rate by the average of the daily volume weighted average price of blackrock common stock for each of the ten consecutive trading days beginning on the second trading day imme- diately following the day the debentures are tendered for conversion ( the 201cten-day weighted average price 201d ) . the company will deliver the conversion value to holders as follows : ( 1 ) an amount in cash ( the 201cprincipal return 201d ) equal to the lesser of ( a ) the aggregate conversion value of the debentures to be converted and ( b ) the aggregate principal amount of the debentures to be converted , and ( 2 ) if the aggregate conversion value of the debentures to be converted is greater than the principal return , an amount in shares ( the 201cnet shares 201d ) , determined as set forth below , equal to such aggregate conversion value less the principal return ( the 201cnet share amount 201d ) . the number of net shares to be paid will be determined by dividing the net share amount by the ten-day weighted average price . in lieu of delivering fractional shares , the company will deliver cash based on the ten-day weighted average price . the conversion rate for the debentures is subject to adjustments upon the occurrence of certain corporate events , such as a change of control of the company , 193253ti_txt.indd 96 4/2/10 1:18 pm .
Question: what was the change in the estimated amortization expense for finite-lived intangible assets from 2010 to 2011?
Answer: 3.0
Question: and what was this expense in 2010?
Answer: 157.0
Question: how much, then, in percentage, did that change represent in relation to this 2010 amount?
Answer: 0.01911
Question: and in this same year, what was the estimated amortization expense for finite-lived intangible assets as a percentage of the unsecured revolving credit facility?
| 0.0025 |
CONVFINQA4072 | Read the following texts and table with financial data from an S&P 500 earnings report 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 122 jpmorgan chase & co./2015 annual report wholesale credit portfolio the firm 2019s wholesale businesses are exposed to credit risk through underwriting , lending , market-making , and hedging activities with and for clients and counterparties , as well as through various operating services such as cash management and clearing activities . a portion of the loans originated or acquired by the firm 2019s wholesale businesses is generally retained on the balance sheet . the firm distributes a significant percentage of the loans it originates into the market as part of its syndicated loan business and to manage portfolio concentrations and credit risk . the wholesale credit portfolio , excluding oil & gas , continued to be generally stable throughout 2015 , characterized by low levels of criticized exposure , nonaccrual loans and charge-offs . growth in loans retained was driven by increased client activity , notably in commercial real estate . discipline in underwriting across all areas of lending continues to remain a key point of focus . the wholesale portfolio is actively managed , in part by conducting ongoing , in-depth reviews of client credit quality and transaction structure , inclusive of collateral where applicable ; and of industry , product and client concentrations . wholesale credit portfolio december 31 , credit exposure nonperforming ( c ) . <table class='wikitable'><tr><td>1</td><td>december 31 , ( in millions )</td><td>december 31 , 2015</td><td>december 31 , 2014</td><td>2015</td><td>2014</td></tr><tr><td>2</td><td>loans retained</td><td>$ 357050</td><td>$ 324502</td><td>$ 988</td><td>$ 599</td></tr><tr><td>3</td><td>loans held-for-sale</td><td>1104</td><td>3801</td><td>3</td><td>4</td></tr><tr><td>4</td><td>loans at fair value</td><td>2861</td><td>2611</td><td>25</td><td>21</td></tr><tr><td>5</td><td>loans 2013 reported</td><td>361015</td><td>330914</td><td>1016</td><td>624</td></tr><tr><td>6</td><td>derivative receivables</td><td>59677</td><td>78975</td><td>204</td><td>275</td></tr><tr><td>7</td><td>receivables from customers and other ( a )</td><td>13372</td><td>28972</td><td>2014</td><td>2014</td></tr><tr><td>8</td><td>total wholesale credit-related assets</td><td>434064</td><td>438861</td><td>1220</td><td>899</td></tr><tr><td>9</td><td>lending-related commitments</td><td>366399</td><td>366881</td><td>193</td><td>103</td></tr><tr><td>10</td><td>total wholesale credit exposure</td><td>$ 800463</td><td>$ 805742</td><td>$ 1413</td><td>$ 1002</td></tr><tr><td>11</td><td>credit derivatives usedin credit portfolio management activities ( b )</td><td>$ -20681 ( 20681 )</td><td>$ -26703 ( 26703 )</td><td>$ -9 ( 9 )</td><td>$ 2014</td></tr><tr><td>12</td><td>liquid securities and other cash collateral held against derivatives</td><td>-16580 ( 16580 )</td><td>-19604 ( 19604 )</td><td>na</td><td>na</td></tr></table> receivables from customers and other ( a ) 13372 28972 2014 2014 total wholesale credit- related assets 434064 438861 1220 899 lending-related commitments 366399 366881 193 103 total wholesale credit exposure $ 800463 $ 805742 $ 1413 $ 1002 credit derivatives used in credit portfolio management activities ( b ) $ ( 20681 ) $ ( 26703 ) $ ( 9 ) $ 2014 liquid securities and other cash collateral held against derivatives ( 16580 ) ( 19604 ) na na ( a ) receivables from customers and other include $ 13.3 billion and $ 28.8 billion of margin loans at december 31 , 2015 and 2014 , respectively , to prime and retail brokerage customers ; these are classified in accrued interest and accounts receivable on the consolidated balance sheets . ( b ) represents the net notional amount of protection purchased and sold through credit derivatives used to manage both performing and nonperforming wholesale credit exposures ; these derivatives do not qualify for hedge accounting under u.s . gaap . for additional information , see credit derivatives on page 129 , and note 6 . ( c ) excludes assets acquired in loan satisfactions. .
Question: what is the balance of loans retained as of december 31, 2015?
| 357050.0 |
CONVFINQA4073 | Read the following texts and table with financial data from an S&P 500 earnings report 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 122 jpmorgan chase & co./2015 annual report wholesale credit portfolio the firm 2019s wholesale businesses are exposed to credit risk through underwriting , lending , market-making , and hedging activities with and for clients and counterparties , as well as through various operating services such as cash management and clearing activities . a portion of the loans originated or acquired by the firm 2019s wholesale businesses is generally retained on the balance sheet . the firm distributes a significant percentage of the loans it originates into the market as part of its syndicated loan business and to manage portfolio concentrations and credit risk . the wholesale credit portfolio , excluding oil & gas , continued to be generally stable throughout 2015 , characterized by low levels of criticized exposure , nonaccrual loans and charge-offs . growth in loans retained was driven by increased client activity , notably in commercial real estate . discipline in underwriting across all areas of lending continues to remain a key point of focus . the wholesale portfolio is actively managed , in part by conducting ongoing , in-depth reviews of client credit quality and transaction structure , inclusive of collateral where applicable ; and of industry , product and client concentrations . wholesale credit portfolio december 31 , credit exposure nonperforming ( c ) . <table class='wikitable'><tr><td>1</td><td>december 31 , ( in millions )</td><td>december 31 , 2015</td><td>december 31 , 2014</td><td>2015</td><td>2014</td></tr><tr><td>2</td><td>loans retained</td><td>$ 357050</td><td>$ 324502</td><td>$ 988</td><td>$ 599</td></tr><tr><td>3</td><td>loans held-for-sale</td><td>1104</td><td>3801</td><td>3</td><td>4</td></tr><tr><td>4</td><td>loans at fair value</td><td>2861</td><td>2611</td><td>25</td><td>21</td></tr><tr><td>5</td><td>loans 2013 reported</td><td>361015</td><td>330914</td><td>1016</td><td>624</td></tr><tr><td>6</td><td>derivative receivables</td><td>59677</td><td>78975</td><td>204</td><td>275</td></tr><tr><td>7</td><td>receivables from customers and other ( a )</td><td>13372</td><td>28972</td><td>2014</td><td>2014</td></tr><tr><td>8</td><td>total wholesale credit-related assets</td><td>434064</td><td>438861</td><td>1220</td><td>899</td></tr><tr><td>9</td><td>lending-related commitments</td><td>366399</td><td>366881</td><td>193</td><td>103</td></tr><tr><td>10</td><td>total wholesale credit exposure</td><td>$ 800463</td><td>$ 805742</td><td>$ 1413</td><td>$ 1002</td></tr><tr><td>11</td><td>credit derivatives usedin credit portfolio management activities ( b )</td><td>$ -20681 ( 20681 )</td><td>$ -26703 ( 26703 )</td><td>$ -9 ( 9 )</td><td>$ 2014</td></tr><tr><td>12</td><td>liquid securities and other cash collateral held against derivatives</td><td>-16580 ( 16580 )</td><td>-19604 ( 19604 )</td><td>na</td><td>na</td></tr></table> receivables from customers and other ( a ) 13372 28972 2014 2014 total wholesale credit- related assets 434064 438861 1220 899 lending-related commitments 366399 366881 193 103 total wholesale credit exposure $ 800463 $ 805742 $ 1413 $ 1002 credit derivatives used in credit portfolio management activities ( b ) $ ( 20681 ) $ ( 26703 ) $ ( 9 ) $ 2014 liquid securities and other cash collateral held against derivatives ( 16580 ) ( 19604 ) na na ( a ) receivables from customers and other include $ 13.3 billion and $ 28.8 billion of margin loans at december 31 , 2015 and 2014 , respectively , to prime and retail brokerage customers ; these are classified in accrued interest and accounts receivable on the consolidated balance sheets . ( b ) represents the net notional amount of protection purchased and sold through credit derivatives used to manage both performing and nonperforming wholesale credit exposures ; these derivatives do not qualify for hedge accounting under u.s . gaap . for additional information , see credit derivatives on page 129 , and note 6 . ( c ) excludes assets acquired in loan satisfactions. .
Question: what is the balance of loans retained as of december 31, 2015?
Answer: 357050.0
Question: what about 2014?
| 324502.0 |
CONVFINQA4074 | Read the following texts and table with financial data from an S&P 500 earnings report 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 122 jpmorgan chase & co./2015 annual report wholesale credit portfolio the firm 2019s wholesale businesses are exposed to credit risk through underwriting , lending , market-making , and hedging activities with and for clients and counterparties , as well as through various operating services such as cash management and clearing activities . a portion of the loans originated or acquired by the firm 2019s wholesale businesses is generally retained on the balance sheet . the firm distributes a significant percentage of the loans it originates into the market as part of its syndicated loan business and to manage portfolio concentrations and credit risk . the wholesale credit portfolio , excluding oil & gas , continued to be generally stable throughout 2015 , characterized by low levels of criticized exposure , nonaccrual loans and charge-offs . growth in loans retained was driven by increased client activity , notably in commercial real estate . discipline in underwriting across all areas of lending continues to remain a key point of focus . the wholesale portfolio is actively managed , in part by conducting ongoing , in-depth reviews of client credit quality and transaction structure , inclusive of collateral where applicable ; and of industry , product and client concentrations . wholesale credit portfolio december 31 , credit exposure nonperforming ( c ) . <table class='wikitable'><tr><td>1</td><td>december 31 , ( in millions )</td><td>december 31 , 2015</td><td>december 31 , 2014</td><td>2015</td><td>2014</td></tr><tr><td>2</td><td>loans retained</td><td>$ 357050</td><td>$ 324502</td><td>$ 988</td><td>$ 599</td></tr><tr><td>3</td><td>loans held-for-sale</td><td>1104</td><td>3801</td><td>3</td><td>4</td></tr><tr><td>4</td><td>loans at fair value</td><td>2861</td><td>2611</td><td>25</td><td>21</td></tr><tr><td>5</td><td>loans 2013 reported</td><td>361015</td><td>330914</td><td>1016</td><td>624</td></tr><tr><td>6</td><td>derivative receivables</td><td>59677</td><td>78975</td><td>204</td><td>275</td></tr><tr><td>7</td><td>receivables from customers and other ( a )</td><td>13372</td><td>28972</td><td>2014</td><td>2014</td></tr><tr><td>8</td><td>total wholesale credit-related assets</td><td>434064</td><td>438861</td><td>1220</td><td>899</td></tr><tr><td>9</td><td>lending-related commitments</td><td>366399</td><td>366881</td><td>193</td><td>103</td></tr><tr><td>10</td><td>total wholesale credit exposure</td><td>$ 800463</td><td>$ 805742</td><td>$ 1413</td><td>$ 1002</td></tr><tr><td>11</td><td>credit derivatives usedin credit portfolio management activities ( b )</td><td>$ -20681 ( 20681 )</td><td>$ -26703 ( 26703 )</td><td>$ -9 ( 9 )</td><td>$ 2014</td></tr><tr><td>12</td><td>liquid securities and other cash collateral held against derivatives</td><td>-16580 ( 16580 )</td><td>-19604 ( 19604 )</td><td>na</td><td>na</td></tr></table> receivables from customers and other ( a ) 13372 28972 2014 2014 total wholesale credit- related assets 434064 438861 1220 899 lending-related commitments 366399 366881 193 103 total wholesale credit exposure $ 800463 $ 805742 $ 1413 $ 1002 credit derivatives used in credit portfolio management activities ( b ) $ ( 20681 ) $ ( 26703 ) $ ( 9 ) $ 2014 liquid securities and other cash collateral held against derivatives ( 16580 ) ( 19604 ) na na ( a ) receivables from customers and other include $ 13.3 billion and $ 28.8 billion of margin loans at december 31 , 2015 and 2014 , respectively , to prime and retail brokerage customers ; these are classified in accrued interest and accounts receivable on the consolidated balance sheets . ( b ) represents the net notional amount of protection purchased and sold through credit derivatives used to manage both performing and nonperforming wholesale credit exposures ; these derivatives do not qualify for hedge accounting under u.s . gaap . for additional information , see credit derivatives on page 129 , and note 6 . ( c ) excludes assets acquired in loan satisfactions. .
Question: what is the balance of loans retained as of december 31, 2015?
Answer: 357050.0
Question: what about 2014?
Answer: 324502.0
Question: what is the net change among these years?
| 32548.0 |
CONVFINQA4075 | Read the following texts and table with financial data from an S&P 500 earnings report 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 122 jpmorgan chase & co./2015 annual report wholesale credit portfolio the firm 2019s wholesale businesses are exposed to credit risk through underwriting , lending , market-making , and hedging activities with and for clients and counterparties , as well as through various operating services such as cash management and clearing activities . a portion of the loans originated or acquired by the firm 2019s wholesale businesses is generally retained on the balance sheet . the firm distributes a significant percentage of the loans it originates into the market as part of its syndicated loan business and to manage portfolio concentrations and credit risk . the wholesale credit portfolio , excluding oil & gas , continued to be generally stable throughout 2015 , characterized by low levels of criticized exposure , nonaccrual loans and charge-offs . growth in loans retained was driven by increased client activity , notably in commercial real estate . discipline in underwriting across all areas of lending continues to remain a key point of focus . the wholesale portfolio is actively managed , in part by conducting ongoing , in-depth reviews of client credit quality and transaction structure , inclusive of collateral where applicable ; and of industry , product and client concentrations . wholesale credit portfolio december 31 , credit exposure nonperforming ( c ) . <table class='wikitable'><tr><td>1</td><td>december 31 , ( in millions )</td><td>december 31 , 2015</td><td>december 31 , 2014</td><td>2015</td><td>2014</td></tr><tr><td>2</td><td>loans retained</td><td>$ 357050</td><td>$ 324502</td><td>$ 988</td><td>$ 599</td></tr><tr><td>3</td><td>loans held-for-sale</td><td>1104</td><td>3801</td><td>3</td><td>4</td></tr><tr><td>4</td><td>loans at fair value</td><td>2861</td><td>2611</td><td>25</td><td>21</td></tr><tr><td>5</td><td>loans 2013 reported</td><td>361015</td><td>330914</td><td>1016</td><td>624</td></tr><tr><td>6</td><td>derivative receivables</td><td>59677</td><td>78975</td><td>204</td><td>275</td></tr><tr><td>7</td><td>receivables from customers and other ( a )</td><td>13372</td><td>28972</td><td>2014</td><td>2014</td></tr><tr><td>8</td><td>total wholesale credit-related assets</td><td>434064</td><td>438861</td><td>1220</td><td>899</td></tr><tr><td>9</td><td>lending-related commitments</td><td>366399</td><td>366881</td><td>193</td><td>103</td></tr><tr><td>10</td><td>total wholesale credit exposure</td><td>$ 800463</td><td>$ 805742</td><td>$ 1413</td><td>$ 1002</td></tr><tr><td>11</td><td>credit derivatives usedin credit portfolio management activities ( b )</td><td>$ -20681 ( 20681 )</td><td>$ -26703 ( 26703 )</td><td>$ -9 ( 9 )</td><td>$ 2014</td></tr><tr><td>12</td><td>liquid securities and other cash collateral held against derivatives</td><td>-16580 ( 16580 )</td><td>-19604 ( 19604 )</td><td>na</td><td>na</td></tr></table> receivables from customers and other ( a ) 13372 28972 2014 2014 total wholesale credit- related assets 434064 438861 1220 899 lending-related commitments 366399 366881 193 103 total wholesale credit exposure $ 800463 $ 805742 $ 1413 $ 1002 credit derivatives used in credit portfolio management activities ( b ) $ ( 20681 ) $ ( 26703 ) $ ( 9 ) $ 2014 liquid securities and other cash collateral held against derivatives ( 16580 ) ( 19604 ) na na ( a ) receivables from customers and other include $ 13.3 billion and $ 28.8 billion of margin loans at december 31 , 2015 and 2014 , respectively , to prime and retail brokerage customers ; these are classified in accrued interest and accounts receivable on the consolidated balance sheets . ( b ) represents the net notional amount of protection purchased and sold through credit derivatives used to manage both performing and nonperforming wholesale credit exposures ; these derivatives do not qualify for hedge accounting under u.s . gaap . for additional information , see credit derivatives on page 129 , and note 6 . ( c ) excludes assets acquired in loan satisfactions. .
Question: what is the balance of loans retained as of december 31, 2015?
Answer: 357050.0
Question: what about 2014?
Answer: 324502.0
Question: what is the net change among these years?
Answer: 32548.0
Question: what growth rate does this represent?
| 0.1003 |
CONVFINQA4076 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
jpmorgan chase & co./2012 annual report 167 the chart shows that for year ended december 31 , 2012 , the firm posted market risk related gains on 220 of the 261 days in this period , with gains on eight days exceeding $ 200 million . the chart includes year to date losses incurred in the synthetic credit portfolio . cib and credit portfolio posted market risk-related gains on 254 days in the period . the inset graph looks at those days on which the firm experienced losses and depicts the amount by which var exceeded the actual loss on each of those days . of the losses that were sustained on the 41 days of the 261 days in the trading period , the firm sustained losses that exceeded the var measure on three of those days . these losses in excess of the var all occurred in the second quarter of 2012 and were due to the adverse effect of market movements on risk positions in the synthetic credit portfolio held by cio . during the year ended december 31 , 2012 , cib and credit portfolio experienced seven loss days ; none of the losses on those days exceeded their respective var measures . other risk measures debit valuation adjustment sensitivity the following table provides information about the gross sensitivity of dva to a one-basis-point increase in jpmorgan chase 2019s credit spreads . this sensitivity represents the impact from a one-basis-point parallel shift in jpmorgan chase 2019s entire credit curve . however , the sensitivity at a single point in time multiplied by the change in credit spread at a single maturity point may not be representative of the actual dva gain or loss realized within a period . the actual results reflect the movement in credit spreads across various maturities , which typically do not move in a parallel fashion , and is the product of a constantly changing exposure profile , among other factors . debit valuation adjustment sensitivity ( in millions ) one basis-point increase in jpmorgan chase 2019s credit spread . <table class='wikitable'><tr><td>1</td><td>( in millions )</td><td>one basis-point increase injpmorgan chase 2019s credit spread</td></tr><tr><td>2</td><td>december 31 2012</td><td>$ 34</td></tr><tr><td>3</td><td>december 31 2011</td><td>35</td></tr></table> economic-value stress testing along with var , stress testing is important in measuring and controlling risk . while var reflects the risk of loss due to adverse changes in markets using recent historical market behavior as an indicator of losses , stress testing captures the firm 2019s exposure to unlikely but plausible events in abnormal markets . the firm runs weekly stress tests on market-related risks across the lines of business using multiple scenarios that assume significant changes in risk factors such as credit spreads , equity prices , interest rates , currency rates or commodity prices . the framework uses a grid-based approach , which calculates multiple magnitudes of stress for both market rallies and market sell-offs for .
Question: what was the change in the one basis-point increase in jpmorgan chase 2019s credit spread from 2011 to 2012?
| 1.0 |
CONVFINQA4077 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
jpmorgan chase & co./2012 annual report 167 the chart shows that for year ended december 31 , 2012 , the firm posted market risk related gains on 220 of the 261 days in this period , with gains on eight days exceeding $ 200 million . the chart includes year to date losses incurred in the synthetic credit portfolio . cib and credit portfolio posted market risk-related gains on 254 days in the period . the inset graph looks at those days on which the firm experienced losses and depicts the amount by which var exceeded the actual loss on each of those days . of the losses that were sustained on the 41 days of the 261 days in the trading period , the firm sustained losses that exceeded the var measure on three of those days . these losses in excess of the var all occurred in the second quarter of 2012 and were due to the adverse effect of market movements on risk positions in the synthetic credit portfolio held by cio . during the year ended december 31 , 2012 , cib and credit portfolio experienced seven loss days ; none of the losses on those days exceeded their respective var measures . other risk measures debit valuation adjustment sensitivity the following table provides information about the gross sensitivity of dva to a one-basis-point increase in jpmorgan chase 2019s credit spreads . this sensitivity represents the impact from a one-basis-point parallel shift in jpmorgan chase 2019s entire credit curve . however , the sensitivity at a single point in time multiplied by the change in credit spread at a single maturity point may not be representative of the actual dva gain or loss realized within a period . the actual results reflect the movement in credit spreads across various maturities , which typically do not move in a parallel fashion , and is the product of a constantly changing exposure profile , among other factors . debit valuation adjustment sensitivity ( in millions ) one basis-point increase in jpmorgan chase 2019s credit spread . <table class='wikitable'><tr><td>1</td><td>( in millions )</td><td>one basis-point increase injpmorgan chase 2019s credit spread</td></tr><tr><td>2</td><td>december 31 2012</td><td>$ 34</td></tr><tr><td>3</td><td>december 31 2011</td><td>35</td></tr></table> economic-value stress testing along with var , stress testing is important in measuring and controlling risk . while var reflects the risk of loss due to adverse changes in markets using recent historical market behavior as an indicator of losses , stress testing captures the firm 2019s exposure to unlikely but plausible events in abnormal markets . the firm runs weekly stress tests on market-related risks across the lines of business using multiple scenarios that assume significant changes in risk factors such as credit spreads , equity prices , interest rates , currency rates or commodity prices . the framework uses a grid-based approach , which calculates multiple magnitudes of stress for both market rallies and market sell-offs for .
Question: what was the change in the one basis-point increase in jpmorgan chase 2019s credit spread from 2011 to 2012?
Answer: 1.0
Question: and how much does this change represent in relation to that one basis-point increase in 2011, in percentage?
| 0.02941 |
CONVFINQA4078 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
jpmorgan chase & co./2012 annual report 167 the chart shows that for year ended december 31 , 2012 , the firm posted market risk related gains on 220 of the 261 days in this period , with gains on eight days exceeding $ 200 million . the chart includes year to date losses incurred in the synthetic credit portfolio . cib and credit portfolio posted market risk-related gains on 254 days in the period . the inset graph looks at those days on which the firm experienced losses and depicts the amount by which var exceeded the actual loss on each of those days . of the losses that were sustained on the 41 days of the 261 days in the trading period , the firm sustained losses that exceeded the var measure on three of those days . these losses in excess of the var all occurred in the second quarter of 2012 and were due to the adverse effect of market movements on risk positions in the synthetic credit portfolio held by cio . during the year ended december 31 , 2012 , cib and credit portfolio experienced seven loss days ; none of the losses on those days exceeded their respective var measures . other risk measures debit valuation adjustment sensitivity the following table provides information about the gross sensitivity of dva to a one-basis-point increase in jpmorgan chase 2019s credit spreads . this sensitivity represents the impact from a one-basis-point parallel shift in jpmorgan chase 2019s entire credit curve . however , the sensitivity at a single point in time multiplied by the change in credit spread at a single maturity point may not be representative of the actual dva gain or loss realized within a period . the actual results reflect the movement in credit spreads across various maturities , which typically do not move in a parallel fashion , and is the product of a constantly changing exposure profile , among other factors . debit valuation adjustment sensitivity ( in millions ) one basis-point increase in jpmorgan chase 2019s credit spread . <table class='wikitable'><tr><td>1</td><td>( in millions )</td><td>one basis-point increase injpmorgan chase 2019s credit spread</td></tr><tr><td>2</td><td>december 31 2012</td><td>$ 34</td></tr><tr><td>3</td><td>december 31 2011</td><td>35</td></tr></table> economic-value stress testing along with var , stress testing is important in measuring and controlling risk . while var reflects the risk of loss due to adverse changes in markets using recent historical market behavior as an indicator of losses , stress testing captures the firm 2019s exposure to unlikely but plausible events in abnormal markets . the firm runs weekly stress tests on market-related risks across the lines of business using multiple scenarios that assume significant changes in risk factors such as credit spreads , equity prices , interest rates , currency rates or commodity prices . the framework uses a grid-based approach , which calculates multiple magnitudes of stress for both market rallies and market sell-offs for .
Question: what was the change in the one basis-point increase in jpmorgan chase 2019s credit spread from 2011 to 2012?
Answer: 1.0
Question: and how much does this change represent in relation to that one basis-point increase in 2011, in percentage?
Answer: 0.02941
Question: in that same year of 2012, how much do the days with posted gains exceeding $ 200 million represent in relation to the total of days?
| 0.03065 |
CONVFINQA4079 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
e nt e r g y c o r p o r a t i o n a n d s u b s i d i a r i e s 2 0 0 7 n an increase of $ 16 million in fossil operating costs due to the purchase of the attala plant in january 2006 and the perryville plant coming online in july 2005 ; n an increase of $ 12 million related to storm reserves . this increase does not include costs associated with hurricanes katrina and rita ; and n an increase of $ 12 million due to a return to normal expense patterns in 2006 versus the deferral or capitalization of storm costs in 2005 . other operation and maintenance expenses increased for non- utility nuclear from $ 588 million in 2005 to $ 637 million in 2006 primarily due to the timing of refueling outages , increased benefit and insurance costs , and increased nrc fees . taxes other than income taxes taxes other than income taxes increased for the utility from $ 322 million in 2005 to $ 361 million in 2006 primarily due to an increase in city franchise taxes in arkansas due to a change in 2006 in the accounting for city franchise tax revenues as directed by the apsc . the change results in an increase in taxes other than income taxes with a corresponding increase in rider revenue , resulting in no effect on net income . also contributing to the increase was higher franchise tax expense at entergy gulf states , inc . as a result of higher gross revenues in 2006 and a customer refund in 2005 . other income other income increased for the utility from $ 111 million in 2005 to $ 156 million in 2006 primarily due to carrying charges recorded on storm restoration costs . other income increased for non-utility nuclear primarily due to miscellaneous income of $ 27 million ( $ 16.6 million net-of-tax ) resulting from a reduction in the decommissioning liability for a plant as a result of a revised decommissioning cost study and changes in assumptions regarding the timing of when decommissioning of a plant will begin . other income increased for parent & other primarily due to a gain related to its entergy-koch investment of approximately $ 55 million ( net-of-tax ) in the fourth quarter of 2006 . in 2004 , entergy-koch sold its energy trading and pipeline businesses to third parties . at that time , entergy received $ 862 million of the sales proceeds in the form of a cash distribution by entergy-koch . due to the november 2006 expiration of contingencies on the sale of entergy-koch 2019s trading business , and the corresponding release to entergy-koch of sales proceeds held in escrow , entergy received additional cash distributions of approximately $ 163 million during the fourth quarter of 2006 and recorded a gain of approximately $ 55 million ( net-of-tax ) . entergy expects future cash distributions upon liquidation of the partnership will be less than $ 35 million . interest charges interest charges increased for the utility and parent & other primarily due to additional borrowing to fund the significant storm restoration costs associated with hurricanes katrina and rita . discontinued operations in april 2006 , entergy sold the retail electric portion of the competitive retail services business operating in the electric reliability council of texas ( ercot ) region of texas , and now reports this portion of the business as a discontinued operation . earnings for 2005 were negatively affected by $ 44.8 million ( net-of-tax ) of discontinued operations due to the planned sale . this amount includes a net charge of $ 25.8 million ( net-of-tax ) related to the impairment reserve for the remaining net book value of the competitive retail services business 2019 information technology systems . results for 2006 include an $ 11.1 million gain ( net-of-tax ) on the sale of the retail electric portion of the competitive retail services business operating in the ercot region of texas . income taxes the effective income tax rates for 2006 and 2005 were 27.6% ( 27.6 % ) and 36.6% ( 36.6 % ) , respectively . the lower effective income tax rate in 2006 is primarily due to tax benefits , net of reserves , resulting from the tax capital loss recognized in connection with the liquidation of entergy power international holdings , entergy 2019s holding company for entergy-koch . also contributing to the lower rate for 2006 is an irs audit settlement that allowed entergy to release from its tax reserves all settled issues relating to 1996-1998 audit cycle . see note 3 to the financial statements for a reconciliation of the federal statutory rate of 35.0% ( 35.0 % ) to the effective income tax rates , and for additional discussion regarding income taxes . liquidity and capital resources this section discusses entergy 2019s capital structure , capital spending plans and other uses of capital , sources of capital , and the cash flow activity presented in the cash flow statement . capital structure entergy 2019s capitalization is balanced between equity and debt , as shown in the following table . the increase in the debt to capital percentage from 2006 to 2007 is primarily the result of additional borrowings under entergy corporation 2019s revolving credit facility , along with a decrease in shareholders 2019 equity primarily due to repurchases of common stock . this increase in the debt to capital percentage is in line with entergy 2019s financial and risk management aspirations . the decrease in the debt to capital percentage from 2005 to 2006 is the result of an increase in shareholders 2019 equity , primarily due to an increase in retained earnings , partially offset by repurchases of common stock. . <table class='wikitable'><tr><td>1</td><td>-</td><td>2007</td><td>2006</td><td>2005</td></tr><tr><td>2</td><td>net debt to net capital at the end of the year</td><td>54.6% ( 54.6 % )</td><td>49.4% ( 49.4 % )</td><td>51.5% ( 51.5 % )</td></tr><tr><td>3</td><td>effect of subtracting cash from debt</td><td>3.0% ( 3.0 % )</td><td>2.9% ( 2.9 % )</td><td>1.6% ( 1.6 % )</td></tr><tr><td>4</td><td>debt to capital at the end of the year</td><td>57.6% ( 57.6 % )</td><td>52.3% ( 52.3 % )</td><td>53.1% ( 53.1 % )</td></tr></table> net debt consists of debt less cash and cash equivalents . debt consists of notes payable , capital lease obligations , preferred stock with sinking fund , and long-term debt , including the currently maturing portion . capital consists of debt , shareholders 2019 equity , and preferred stock without sinking fund . net capital consists of capital less cash and cash equivalents . entergy uses the net debt to net capital ratio in analyzing its financial condition and believes it provides useful information to its investors and creditors in evaluating entergy 2019s financial condition . m an ag e ment 2019s f i n anc ial d i scuss ion an d an alys is co n t i n u e d .
Question: what was the debt to capital ratio in 2007?
| 57.6 |
CONVFINQA4080 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
e nt e r g y c o r p o r a t i o n a n d s u b s i d i a r i e s 2 0 0 7 n an increase of $ 16 million in fossil operating costs due to the purchase of the attala plant in january 2006 and the perryville plant coming online in july 2005 ; n an increase of $ 12 million related to storm reserves . this increase does not include costs associated with hurricanes katrina and rita ; and n an increase of $ 12 million due to a return to normal expense patterns in 2006 versus the deferral or capitalization of storm costs in 2005 . other operation and maintenance expenses increased for non- utility nuclear from $ 588 million in 2005 to $ 637 million in 2006 primarily due to the timing of refueling outages , increased benefit and insurance costs , and increased nrc fees . taxes other than income taxes taxes other than income taxes increased for the utility from $ 322 million in 2005 to $ 361 million in 2006 primarily due to an increase in city franchise taxes in arkansas due to a change in 2006 in the accounting for city franchise tax revenues as directed by the apsc . the change results in an increase in taxes other than income taxes with a corresponding increase in rider revenue , resulting in no effect on net income . also contributing to the increase was higher franchise tax expense at entergy gulf states , inc . as a result of higher gross revenues in 2006 and a customer refund in 2005 . other income other income increased for the utility from $ 111 million in 2005 to $ 156 million in 2006 primarily due to carrying charges recorded on storm restoration costs . other income increased for non-utility nuclear primarily due to miscellaneous income of $ 27 million ( $ 16.6 million net-of-tax ) resulting from a reduction in the decommissioning liability for a plant as a result of a revised decommissioning cost study and changes in assumptions regarding the timing of when decommissioning of a plant will begin . other income increased for parent & other primarily due to a gain related to its entergy-koch investment of approximately $ 55 million ( net-of-tax ) in the fourth quarter of 2006 . in 2004 , entergy-koch sold its energy trading and pipeline businesses to third parties . at that time , entergy received $ 862 million of the sales proceeds in the form of a cash distribution by entergy-koch . due to the november 2006 expiration of contingencies on the sale of entergy-koch 2019s trading business , and the corresponding release to entergy-koch of sales proceeds held in escrow , entergy received additional cash distributions of approximately $ 163 million during the fourth quarter of 2006 and recorded a gain of approximately $ 55 million ( net-of-tax ) . entergy expects future cash distributions upon liquidation of the partnership will be less than $ 35 million . interest charges interest charges increased for the utility and parent & other primarily due to additional borrowing to fund the significant storm restoration costs associated with hurricanes katrina and rita . discontinued operations in april 2006 , entergy sold the retail electric portion of the competitive retail services business operating in the electric reliability council of texas ( ercot ) region of texas , and now reports this portion of the business as a discontinued operation . earnings for 2005 were negatively affected by $ 44.8 million ( net-of-tax ) of discontinued operations due to the planned sale . this amount includes a net charge of $ 25.8 million ( net-of-tax ) related to the impairment reserve for the remaining net book value of the competitive retail services business 2019 information technology systems . results for 2006 include an $ 11.1 million gain ( net-of-tax ) on the sale of the retail electric portion of the competitive retail services business operating in the ercot region of texas . income taxes the effective income tax rates for 2006 and 2005 were 27.6% ( 27.6 % ) and 36.6% ( 36.6 % ) , respectively . the lower effective income tax rate in 2006 is primarily due to tax benefits , net of reserves , resulting from the tax capital loss recognized in connection with the liquidation of entergy power international holdings , entergy 2019s holding company for entergy-koch . also contributing to the lower rate for 2006 is an irs audit settlement that allowed entergy to release from its tax reserves all settled issues relating to 1996-1998 audit cycle . see note 3 to the financial statements for a reconciliation of the federal statutory rate of 35.0% ( 35.0 % ) to the effective income tax rates , and for additional discussion regarding income taxes . liquidity and capital resources this section discusses entergy 2019s capital structure , capital spending plans and other uses of capital , sources of capital , and the cash flow activity presented in the cash flow statement . capital structure entergy 2019s capitalization is balanced between equity and debt , as shown in the following table . the increase in the debt to capital percentage from 2006 to 2007 is primarily the result of additional borrowings under entergy corporation 2019s revolving credit facility , along with a decrease in shareholders 2019 equity primarily due to repurchases of common stock . this increase in the debt to capital percentage is in line with entergy 2019s financial and risk management aspirations . the decrease in the debt to capital percentage from 2005 to 2006 is the result of an increase in shareholders 2019 equity , primarily due to an increase in retained earnings , partially offset by repurchases of common stock. . <table class='wikitable'><tr><td>1</td><td>-</td><td>2007</td><td>2006</td><td>2005</td></tr><tr><td>2</td><td>net debt to net capital at the end of the year</td><td>54.6% ( 54.6 % )</td><td>49.4% ( 49.4 % )</td><td>51.5% ( 51.5 % )</td></tr><tr><td>3</td><td>effect of subtracting cash from debt</td><td>3.0% ( 3.0 % )</td><td>2.9% ( 2.9 % )</td><td>1.6% ( 1.6 % )</td></tr><tr><td>4</td><td>debt to capital at the end of the year</td><td>57.6% ( 57.6 % )</td><td>52.3% ( 52.3 % )</td><td>53.1% ( 53.1 % )</td></tr></table> net debt consists of debt less cash and cash equivalents . debt consists of notes payable , capital lease obligations , preferred stock with sinking fund , and long-term debt , including the currently maturing portion . capital consists of debt , shareholders 2019 equity , and preferred stock without sinking fund . net capital consists of capital less cash and cash equivalents . entergy uses the net debt to net capital ratio in analyzing its financial condition and believes it provides useful information to its investors and creditors in evaluating entergy 2019s financial condition . m an ag e ment 2019s f i n anc ial d i scuss ion an d an alys is co n t i n u e d .
Question: what was the debt to capital ratio in 2007?
Answer: 57.6
Question: and what was it in 2006?
| 52.3 |
CONVFINQA4081 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
e nt e r g y c o r p o r a t i o n a n d s u b s i d i a r i e s 2 0 0 7 n an increase of $ 16 million in fossil operating costs due to the purchase of the attala plant in january 2006 and the perryville plant coming online in july 2005 ; n an increase of $ 12 million related to storm reserves . this increase does not include costs associated with hurricanes katrina and rita ; and n an increase of $ 12 million due to a return to normal expense patterns in 2006 versus the deferral or capitalization of storm costs in 2005 . other operation and maintenance expenses increased for non- utility nuclear from $ 588 million in 2005 to $ 637 million in 2006 primarily due to the timing of refueling outages , increased benefit and insurance costs , and increased nrc fees . taxes other than income taxes taxes other than income taxes increased for the utility from $ 322 million in 2005 to $ 361 million in 2006 primarily due to an increase in city franchise taxes in arkansas due to a change in 2006 in the accounting for city franchise tax revenues as directed by the apsc . the change results in an increase in taxes other than income taxes with a corresponding increase in rider revenue , resulting in no effect on net income . also contributing to the increase was higher franchise tax expense at entergy gulf states , inc . as a result of higher gross revenues in 2006 and a customer refund in 2005 . other income other income increased for the utility from $ 111 million in 2005 to $ 156 million in 2006 primarily due to carrying charges recorded on storm restoration costs . other income increased for non-utility nuclear primarily due to miscellaneous income of $ 27 million ( $ 16.6 million net-of-tax ) resulting from a reduction in the decommissioning liability for a plant as a result of a revised decommissioning cost study and changes in assumptions regarding the timing of when decommissioning of a plant will begin . other income increased for parent & other primarily due to a gain related to its entergy-koch investment of approximately $ 55 million ( net-of-tax ) in the fourth quarter of 2006 . in 2004 , entergy-koch sold its energy trading and pipeline businesses to third parties . at that time , entergy received $ 862 million of the sales proceeds in the form of a cash distribution by entergy-koch . due to the november 2006 expiration of contingencies on the sale of entergy-koch 2019s trading business , and the corresponding release to entergy-koch of sales proceeds held in escrow , entergy received additional cash distributions of approximately $ 163 million during the fourth quarter of 2006 and recorded a gain of approximately $ 55 million ( net-of-tax ) . entergy expects future cash distributions upon liquidation of the partnership will be less than $ 35 million . interest charges interest charges increased for the utility and parent & other primarily due to additional borrowing to fund the significant storm restoration costs associated with hurricanes katrina and rita . discontinued operations in april 2006 , entergy sold the retail electric portion of the competitive retail services business operating in the electric reliability council of texas ( ercot ) region of texas , and now reports this portion of the business as a discontinued operation . earnings for 2005 were negatively affected by $ 44.8 million ( net-of-tax ) of discontinued operations due to the planned sale . this amount includes a net charge of $ 25.8 million ( net-of-tax ) related to the impairment reserve for the remaining net book value of the competitive retail services business 2019 information technology systems . results for 2006 include an $ 11.1 million gain ( net-of-tax ) on the sale of the retail electric portion of the competitive retail services business operating in the ercot region of texas . income taxes the effective income tax rates for 2006 and 2005 were 27.6% ( 27.6 % ) and 36.6% ( 36.6 % ) , respectively . the lower effective income tax rate in 2006 is primarily due to tax benefits , net of reserves , resulting from the tax capital loss recognized in connection with the liquidation of entergy power international holdings , entergy 2019s holding company for entergy-koch . also contributing to the lower rate for 2006 is an irs audit settlement that allowed entergy to release from its tax reserves all settled issues relating to 1996-1998 audit cycle . see note 3 to the financial statements for a reconciliation of the federal statutory rate of 35.0% ( 35.0 % ) to the effective income tax rates , and for additional discussion regarding income taxes . liquidity and capital resources this section discusses entergy 2019s capital structure , capital spending plans and other uses of capital , sources of capital , and the cash flow activity presented in the cash flow statement . capital structure entergy 2019s capitalization is balanced between equity and debt , as shown in the following table . the increase in the debt to capital percentage from 2006 to 2007 is primarily the result of additional borrowings under entergy corporation 2019s revolving credit facility , along with a decrease in shareholders 2019 equity primarily due to repurchases of common stock . this increase in the debt to capital percentage is in line with entergy 2019s financial and risk management aspirations . the decrease in the debt to capital percentage from 2005 to 2006 is the result of an increase in shareholders 2019 equity , primarily due to an increase in retained earnings , partially offset by repurchases of common stock. . <table class='wikitable'><tr><td>1</td><td>-</td><td>2007</td><td>2006</td><td>2005</td></tr><tr><td>2</td><td>net debt to net capital at the end of the year</td><td>54.6% ( 54.6 % )</td><td>49.4% ( 49.4 % )</td><td>51.5% ( 51.5 % )</td></tr><tr><td>3</td><td>effect of subtracting cash from debt</td><td>3.0% ( 3.0 % )</td><td>2.9% ( 2.9 % )</td><td>1.6% ( 1.6 % )</td></tr><tr><td>4</td><td>debt to capital at the end of the year</td><td>57.6% ( 57.6 % )</td><td>52.3% ( 52.3 % )</td><td>53.1% ( 53.1 % )</td></tr></table> net debt consists of debt less cash and cash equivalents . debt consists of notes payable , capital lease obligations , preferred stock with sinking fund , and long-term debt , including the currently maturing portion . capital consists of debt , shareholders 2019 equity , and preferred stock without sinking fund . net capital consists of capital less cash and cash equivalents . entergy uses the net debt to net capital ratio in analyzing its financial condition and believes it provides useful information to its investors and creditors in evaluating entergy 2019s financial condition . m an ag e ment 2019s f i n anc ial d i scuss ion an d an alys is co n t i n u e d .
Question: what was the debt to capital ratio in 2007?
Answer: 57.6
Question: and what was it in 2006?
Answer: 52.3
Question: what was, then, the change over the year?
| 5.3 |
CONVFINQA4082 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
e nt e r g y c o r p o r a t i o n a n d s u b s i d i a r i e s 2 0 0 7 n an increase of $ 16 million in fossil operating costs due to the purchase of the attala plant in january 2006 and the perryville plant coming online in july 2005 ; n an increase of $ 12 million related to storm reserves . this increase does not include costs associated with hurricanes katrina and rita ; and n an increase of $ 12 million due to a return to normal expense patterns in 2006 versus the deferral or capitalization of storm costs in 2005 . other operation and maintenance expenses increased for non- utility nuclear from $ 588 million in 2005 to $ 637 million in 2006 primarily due to the timing of refueling outages , increased benefit and insurance costs , and increased nrc fees . taxes other than income taxes taxes other than income taxes increased for the utility from $ 322 million in 2005 to $ 361 million in 2006 primarily due to an increase in city franchise taxes in arkansas due to a change in 2006 in the accounting for city franchise tax revenues as directed by the apsc . the change results in an increase in taxes other than income taxes with a corresponding increase in rider revenue , resulting in no effect on net income . also contributing to the increase was higher franchise tax expense at entergy gulf states , inc . as a result of higher gross revenues in 2006 and a customer refund in 2005 . other income other income increased for the utility from $ 111 million in 2005 to $ 156 million in 2006 primarily due to carrying charges recorded on storm restoration costs . other income increased for non-utility nuclear primarily due to miscellaneous income of $ 27 million ( $ 16.6 million net-of-tax ) resulting from a reduction in the decommissioning liability for a plant as a result of a revised decommissioning cost study and changes in assumptions regarding the timing of when decommissioning of a plant will begin . other income increased for parent & other primarily due to a gain related to its entergy-koch investment of approximately $ 55 million ( net-of-tax ) in the fourth quarter of 2006 . in 2004 , entergy-koch sold its energy trading and pipeline businesses to third parties . at that time , entergy received $ 862 million of the sales proceeds in the form of a cash distribution by entergy-koch . due to the november 2006 expiration of contingencies on the sale of entergy-koch 2019s trading business , and the corresponding release to entergy-koch of sales proceeds held in escrow , entergy received additional cash distributions of approximately $ 163 million during the fourth quarter of 2006 and recorded a gain of approximately $ 55 million ( net-of-tax ) . entergy expects future cash distributions upon liquidation of the partnership will be less than $ 35 million . interest charges interest charges increased for the utility and parent & other primarily due to additional borrowing to fund the significant storm restoration costs associated with hurricanes katrina and rita . discontinued operations in april 2006 , entergy sold the retail electric portion of the competitive retail services business operating in the electric reliability council of texas ( ercot ) region of texas , and now reports this portion of the business as a discontinued operation . earnings for 2005 were negatively affected by $ 44.8 million ( net-of-tax ) of discontinued operations due to the planned sale . this amount includes a net charge of $ 25.8 million ( net-of-tax ) related to the impairment reserve for the remaining net book value of the competitive retail services business 2019 information technology systems . results for 2006 include an $ 11.1 million gain ( net-of-tax ) on the sale of the retail electric portion of the competitive retail services business operating in the ercot region of texas . income taxes the effective income tax rates for 2006 and 2005 were 27.6% ( 27.6 % ) and 36.6% ( 36.6 % ) , respectively . the lower effective income tax rate in 2006 is primarily due to tax benefits , net of reserves , resulting from the tax capital loss recognized in connection with the liquidation of entergy power international holdings , entergy 2019s holding company for entergy-koch . also contributing to the lower rate for 2006 is an irs audit settlement that allowed entergy to release from its tax reserves all settled issues relating to 1996-1998 audit cycle . see note 3 to the financial statements for a reconciliation of the federal statutory rate of 35.0% ( 35.0 % ) to the effective income tax rates , and for additional discussion regarding income taxes . liquidity and capital resources this section discusses entergy 2019s capital structure , capital spending plans and other uses of capital , sources of capital , and the cash flow activity presented in the cash flow statement . capital structure entergy 2019s capitalization is balanced between equity and debt , as shown in the following table . the increase in the debt to capital percentage from 2006 to 2007 is primarily the result of additional borrowings under entergy corporation 2019s revolving credit facility , along with a decrease in shareholders 2019 equity primarily due to repurchases of common stock . this increase in the debt to capital percentage is in line with entergy 2019s financial and risk management aspirations . the decrease in the debt to capital percentage from 2005 to 2006 is the result of an increase in shareholders 2019 equity , primarily due to an increase in retained earnings , partially offset by repurchases of common stock. . <table class='wikitable'><tr><td>1</td><td>-</td><td>2007</td><td>2006</td><td>2005</td></tr><tr><td>2</td><td>net debt to net capital at the end of the year</td><td>54.6% ( 54.6 % )</td><td>49.4% ( 49.4 % )</td><td>51.5% ( 51.5 % )</td></tr><tr><td>3</td><td>effect of subtracting cash from debt</td><td>3.0% ( 3.0 % )</td><td>2.9% ( 2.9 % )</td><td>1.6% ( 1.6 % )</td></tr><tr><td>4</td><td>debt to capital at the end of the year</td><td>57.6% ( 57.6 % )</td><td>52.3% ( 52.3 % )</td><td>53.1% ( 53.1 % )</td></tr></table> net debt consists of debt less cash and cash equivalents . debt consists of notes payable , capital lease obligations , preferred stock with sinking fund , and long-term debt , including the currently maturing portion . capital consists of debt , shareholders 2019 equity , and preferred stock without sinking fund . net capital consists of capital less cash and cash equivalents . entergy uses the net debt to net capital ratio in analyzing its financial condition and believes it provides useful information to its investors and creditors in evaluating entergy 2019s financial condition . m an ag e ment 2019s f i n anc ial d i scuss ion an d an alys is co n t i n u e d .
Question: what was the debt to capital ratio in 2007?
Answer: 57.6
Question: and what was it in 2006?
Answer: 52.3
Question: what was, then, the change over the year?
Answer: 5.3
Question: and how much does this change represent in relation to the 2006 debt to capital ratio?
| 0.10134 |
CONVFINQA4083 | Read the following texts and table with financial data from an S&P 500 earnings report 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 . <table class='wikitable'><tr><td>1</td><td>-</td><td>share awards</td><td>weighted average grant-date fair value</td></tr><tr><td>2</td><td>non-vested at may 31 2007</td><td>278</td><td>$ 37</td></tr><tr><td>3</td><td>granted</td><td>400</td><td>38</td></tr><tr><td>4</td><td>vested</td><td>-136 ( 136 )</td><td>30</td></tr><tr><td>5</td><td>forfeited</td><td>-24 ( 24 )</td><td>40</td></tr><tr><td>6</td><td>non-vested at may 31 2008</td><td>518</td><td>39</td></tr><tr><td>7</td><td>granted</td><td>430</td><td>43</td></tr><tr><td>8</td><td>vested</td><td>-159 ( 159 )</td><td>39</td></tr><tr><td>9</td><td>forfeited</td><td>-27 ( 27 )</td><td>41</td></tr><tr><td>10</td><td>non-vested at may 31 2009</td><td>762</td><td>42</td></tr></table> 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 value of non-vested shares as of 5/31/08?
| 20202.0 |
CONVFINQA4084 | Read the following texts and table with financial data from an S&P 500 earnings report 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 . <table class='wikitable'><tr><td>1</td><td>-</td><td>share awards</td><td>weighted average grant-date fair value</td></tr><tr><td>2</td><td>non-vested at may 31 2007</td><td>278</td><td>$ 37</td></tr><tr><td>3</td><td>granted</td><td>400</td><td>38</td></tr><tr><td>4</td><td>vested</td><td>-136 ( 136 )</td><td>30</td></tr><tr><td>5</td><td>forfeited</td><td>-24 ( 24 )</td><td>40</td></tr><tr><td>6</td><td>non-vested at may 31 2008</td><td>518</td><td>39</td></tr><tr><td>7</td><td>granted</td><td>430</td><td>43</td></tr><tr><td>8</td><td>vested</td><td>-159 ( 159 )</td><td>39</td></tr><tr><td>9</td><td>forfeited</td><td>-27 ( 27 )</td><td>41</td></tr><tr><td>10</td><td>non-vested at may 31 2009</td><td>762</td><td>42</td></tr></table> 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 value of non-vested shares as of 5/31/08?
Answer: 20202.0
Question: and converted to the tens place?
| 20.202 |
CONVFINQA4085 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
stockholder return performance graph the following graph compares the cumulative 5-year total stockholder return on our common stock relative to the cumulative total return of the nasdaq composite index and the s&p 400 information technology index . the graph assumes that the value of the investment in our common stock and in each index on december 31 , 2011 ( including reinvestment of dividends ) was $ 100 and tracks it each year thereafter on the last day of our fiscal year through december 31 , 2016 and , for each index , on the last day of the calendar year . comparison of 5 year cumulative total return* among cadence design systems , inc. , the nasdaq composite index , and s&p 400 information technology cadence design systems , inc . nasdaq composite s&p 400 information technology 12/31/1612/28/13 1/2/1612/31/11 1/3/1512/29/12 *$ 100 invested on 12/31/11 in stock or index , including reinvestment of dividends . indexes calculated on month-end basis . copyright a9 2017 standard & poor 2019s , a division of s&p global . all rights reserved. . <table class='wikitable'><tr><td>1</td><td>-</td><td>12/31/2011</td><td>12/29/2012</td><td>12/28/2013</td><td>1/3/2015</td><td>1/2/2016</td><td>12/31/2016</td></tr><tr><td>2</td><td>cadence design systems inc .</td><td>100.00</td><td>129.23</td><td>133.94</td><td>181.06</td><td>200.10</td><td>242.50</td></tr><tr><td>3</td><td>nasdaq composite</td><td>100.00</td><td>116.41</td><td>165.47</td><td>188.69</td><td>200.32</td><td>216.54</td></tr><tr><td>4</td><td>s&p 400 information technology</td><td>100.00</td><td>118.41</td><td>165.38</td><td>170.50</td><td>178.74</td><td>219.65</td></tr></table> the stock price performance included in this graph is not necessarily indicative of future stock price performance. .
Question: what was the price of cadence design systems inc. as of 1/2/16?
| 200.1 |
CONVFINQA4086 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
stockholder return performance graph the following graph compares the cumulative 5-year total stockholder return on our common stock relative to the cumulative total return of the nasdaq composite index and the s&p 400 information technology index . the graph assumes that the value of the investment in our common stock and in each index on december 31 , 2011 ( including reinvestment of dividends ) was $ 100 and tracks it each year thereafter on the last day of our fiscal year through december 31 , 2016 and , for each index , on the last day of the calendar year . comparison of 5 year cumulative total return* among cadence design systems , inc. , the nasdaq composite index , and s&p 400 information technology cadence design systems , inc . nasdaq composite s&p 400 information technology 12/31/1612/28/13 1/2/1612/31/11 1/3/1512/29/12 *$ 100 invested on 12/31/11 in stock or index , including reinvestment of dividends . indexes calculated on month-end basis . copyright a9 2017 standard & poor 2019s , a division of s&p global . all rights reserved. . <table class='wikitable'><tr><td>1</td><td>-</td><td>12/31/2011</td><td>12/29/2012</td><td>12/28/2013</td><td>1/3/2015</td><td>1/2/2016</td><td>12/31/2016</td></tr><tr><td>2</td><td>cadence design systems inc .</td><td>100.00</td><td>129.23</td><td>133.94</td><td>181.06</td><td>200.10</td><td>242.50</td></tr><tr><td>3</td><td>nasdaq composite</td><td>100.00</td><td>116.41</td><td>165.47</td><td>188.69</td><td>200.32</td><td>216.54</td></tr><tr><td>4</td><td>s&p 400 information technology</td><td>100.00</td><td>118.41</td><td>165.38</td><td>170.50</td><td>178.74</td><td>219.65</td></tr></table> the stock price performance included in this graph is not necessarily indicative of future stock price performance. .
Question: what was the price of cadence design systems inc. as of 1/2/16?
Answer: 200.1
Question: and as of 1/3/15?
| 181.06 |
CONVFINQA4087 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
stockholder return performance graph the following graph compares the cumulative 5-year total stockholder return on our common stock relative to the cumulative total return of the nasdaq composite index and the s&p 400 information technology index . the graph assumes that the value of the investment in our common stock and in each index on december 31 , 2011 ( including reinvestment of dividends ) was $ 100 and tracks it each year thereafter on the last day of our fiscal year through december 31 , 2016 and , for each index , on the last day of the calendar year . comparison of 5 year cumulative total return* among cadence design systems , inc. , the nasdaq composite index , and s&p 400 information technology cadence design systems , inc . nasdaq composite s&p 400 information technology 12/31/1612/28/13 1/2/1612/31/11 1/3/1512/29/12 *$ 100 invested on 12/31/11 in stock or index , including reinvestment of dividends . indexes calculated on month-end basis . copyright a9 2017 standard & poor 2019s , a division of s&p global . all rights reserved. . <table class='wikitable'><tr><td>1</td><td>-</td><td>12/31/2011</td><td>12/29/2012</td><td>12/28/2013</td><td>1/3/2015</td><td>1/2/2016</td><td>12/31/2016</td></tr><tr><td>2</td><td>cadence design systems inc .</td><td>100.00</td><td>129.23</td><td>133.94</td><td>181.06</td><td>200.10</td><td>242.50</td></tr><tr><td>3</td><td>nasdaq composite</td><td>100.00</td><td>116.41</td><td>165.47</td><td>188.69</td><td>200.32</td><td>216.54</td></tr><tr><td>4</td><td>s&p 400 information technology</td><td>100.00</td><td>118.41</td><td>165.38</td><td>170.50</td><td>178.74</td><td>219.65</td></tr></table> the stock price performance included in this graph is not necessarily indicative of future stock price performance. .
Question: what was the price of cadence design systems inc. as of 1/2/16?
Answer: 200.1
Question: and as of 1/3/15?
Answer: 181.06
Question: so what was the difference in price between these two dates?
| 19.04 |
CONVFINQA4088 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
stockholder return performance graph the following graph compares the cumulative 5-year total stockholder return on our common stock relative to the cumulative total return of the nasdaq composite index and the s&p 400 information technology index . the graph assumes that the value of the investment in our common stock and in each index on december 31 , 2011 ( including reinvestment of dividends ) was $ 100 and tracks it each year thereafter on the last day of our fiscal year through december 31 , 2016 and , for each index , on the last day of the calendar year . comparison of 5 year cumulative total return* among cadence design systems , inc. , the nasdaq composite index , and s&p 400 information technology cadence design systems , inc . nasdaq composite s&p 400 information technology 12/31/1612/28/13 1/2/1612/31/11 1/3/1512/29/12 *$ 100 invested on 12/31/11 in stock or index , including reinvestment of dividends . indexes calculated on month-end basis . copyright a9 2017 standard & poor 2019s , a division of s&p global . all rights reserved. . <table class='wikitable'><tr><td>1</td><td>-</td><td>12/31/2011</td><td>12/29/2012</td><td>12/28/2013</td><td>1/3/2015</td><td>1/2/2016</td><td>12/31/2016</td></tr><tr><td>2</td><td>cadence design systems inc .</td><td>100.00</td><td>129.23</td><td>133.94</td><td>181.06</td><td>200.10</td><td>242.50</td></tr><tr><td>3</td><td>nasdaq composite</td><td>100.00</td><td>116.41</td><td>165.47</td><td>188.69</td><td>200.32</td><td>216.54</td></tr><tr><td>4</td><td>s&p 400 information technology</td><td>100.00</td><td>118.41</td><td>165.38</td><td>170.50</td><td>178.74</td><td>219.65</td></tr></table> the stock price performance included in this graph is not necessarily indicative of future stock price performance. .
Question: what was the price of cadence design systems inc. as of 1/2/16?
Answer: 200.1
Question: and as of 1/3/15?
Answer: 181.06
Question: so what was the difference in price between these two dates?
Answer: 19.04
Question: and the specific price as of 1/3/15 again?
| 181.06 |
CONVFINQA4089 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
stockholder return performance graph the following graph compares the cumulative 5-year total stockholder return on our common stock relative to the cumulative total return of the nasdaq composite index and the s&p 400 information technology index . the graph assumes that the value of the investment in our common stock and in each index on december 31 , 2011 ( including reinvestment of dividends ) was $ 100 and tracks it each year thereafter on the last day of our fiscal year through december 31 , 2016 and , for each index , on the last day of the calendar year . comparison of 5 year cumulative total return* among cadence design systems , inc. , the nasdaq composite index , and s&p 400 information technology cadence design systems , inc . nasdaq composite s&p 400 information technology 12/31/1612/28/13 1/2/1612/31/11 1/3/1512/29/12 *$ 100 invested on 12/31/11 in stock or index , including reinvestment of dividends . indexes calculated on month-end basis . copyright a9 2017 standard & poor 2019s , a division of s&p global . all rights reserved. . <table class='wikitable'><tr><td>1</td><td>-</td><td>12/31/2011</td><td>12/29/2012</td><td>12/28/2013</td><td>1/3/2015</td><td>1/2/2016</td><td>12/31/2016</td></tr><tr><td>2</td><td>cadence design systems inc .</td><td>100.00</td><td>129.23</td><td>133.94</td><td>181.06</td><td>200.10</td><td>242.50</td></tr><tr><td>3</td><td>nasdaq composite</td><td>100.00</td><td>116.41</td><td>165.47</td><td>188.69</td><td>200.32</td><td>216.54</td></tr><tr><td>4</td><td>s&p 400 information technology</td><td>100.00</td><td>118.41</td><td>165.38</td><td>170.50</td><td>178.74</td><td>219.65</td></tr></table> the stock price performance included in this graph is not necessarily indicative of future stock price performance. .
Question: what was the price of cadence design systems inc. as of 1/2/16?
Answer: 200.1
Question: and as of 1/3/15?
Answer: 181.06
Question: so what was the difference in price between these two dates?
Answer: 19.04
Question: and the specific price as of 1/3/15 again?
Answer: 181.06
Question: so what was the rate of return for this investment during this time?
| 0.10516 |
CONVFINQA4090 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
united parcel service , inc . and subsidiaries notes to consolidated financial statements 2014 ( continued ) the following table summarizes the activity related to our unrecognized tax benefits ( in millions ) : . <table class='wikitable'><tr><td>1</td><td>balance at january 1 2007</td><td>$ 373</td></tr><tr><td>2</td><td>additions for tax positions of the current year</td><td>13</td></tr><tr><td>3</td><td>additions for tax positions of prior years</td><td>34</td></tr><tr><td>4</td><td>reductions for tax positions of prior years for:</td><td>-</td></tr><tr><td>5</td><td>changes in judgment or facts</td><td>-12 ( 12 )</td></tr><tr><td>6</td><td>settlements during the period</td><td>-49 ( 49 )</td></tr><tr><td>7</td><td>lapses of applicable statute of limitations</td><td>-4 ( 4 )</td></tr><tr><td>8</td><td>balance at december 31 2007</td><td>$ 355</td></tr></table> as of december 31 , 2007 , the total amount of gross unrecognized tax benefits that , if recognized , would affect the effective tax rate was $ 134 million . we also had gross recognized tax benefits of $ 567 million recorded as of december 31 , 2007 associated with outstanding refund claims for prior tax years . therefore , we had a net receivable recorded with respect to prior year income tax matters in the accompanying balance sheets . our continuing practice is to recognize interest and penalties associated with income tax matters as a component of income tax expense . related to the uncertain tax benefits noted above , we accrued penalties of $ 5 million and interest of $ 36 million during 2007 . as of december 31 , 2007 , we have recognized a liability for penalties of $ 6 million and interest of $ 75 million . additionally , we have recognized a receivable for interest of $ 116 million for the recognized tax benefits associated with outstanding refund claims . we file income tax returns in the u.s . federal jurisdiction , most u.s . state and local jurisdictions , and many non-u.s . jurisdictions . as of december 31 , 2007 , we had substantially resolved all u.s . federal income tax matters for tax years prior to 1999 . in the third quarter of 2007 , we entered into a joint stipulation to dismiss the case with the department of justice , effectively withdrawing our refund claim related to the 1994 disposition of a subsidiary in france . the write-off of previously recognized tax receivable balances associated with the 1994 french matter resulted in a $ 37 million increase in income tax expense for the quarter . however , this increase was offset by the impact of favorable developments with various other u.s . federal , u.s . state , and non-u.s . contingency matters . in february 2008 , the irs completed its audit of the tax years 1999 through 2002 with only a limited number of issues that will be considered by the irs appeals office by 2009 . the irs is in the final stages of completing its audit of the tax years 2003 through 2004 . we anticipate that the irs will conclude its audit of the 2003 and 2004 tax years by 2009 . with few exceptions , we are no longer subject to u.s . state and local and non-u.s . income tax examinations by tax authorities for tax years prior to 1999 , but certain u.s . state and local matters are subject to ongoing litigation . a number of years may elapse before an uncertain tax position is audited and ultimately settled . it is difficult to predict the ultimate outcome or the timing of resolution for uncertain tax positions . it is reasonably possible that the amount of unrecognized tax benefits could significantly increase or decrease within the next twelve months . items that may cause changes to unrecognized tax benefits include the timing of interest deductions , the deductibility of acquisition costs , the consideration of filing requirements in various states , the allocation of income and expense between tax jurisdictions and the effects of terminating an election to have a foreign subsidiary join in filing a consolidated return . these changes could result from the settlement of ongoing litigation , the completion of ongoing examinations , the expiration of the statute of limitations , or other unforeseen circumstances . at this time , an estimate of the range of the reasonably possible change cannot be .
Question: what was the net change in the unrecognized tax benefit between 1/1/07 and 12/31/07?
| -18.0 |
CONVFINQA4091 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
united parcel service , inc . and subsidiaries notes to consolidated financial statements 2014 ( continued ) the following table summarizes the activity related to our unrecognized tax benefits ( in millions ) : . <table class='wikitable'><tr><td>1</td><td>balance at january 1 2007</td><td>$ 373</td></tr><tr><td>2</td><td>additions for tax positions of the current year</td><td>13</td></tr><tr><td>3</td><td>additions for tax positions of prior years</td><td>34</td></tr><tr><td>4</td><td>reductions for tax positions of prior years for:</td><td>-</td></tr><tr><td>5</td><td>changes in judgment or facts</td><td>-12 ( 12 )</td></tr><tr><td>6</td><td>settlements during the period</td><td>-49 ( 49 )</td></tr><tr><td>7</td><td>lapses of applicable statute of limitations</td><td>-4 ( 4 )</td></tr><tr><td>8</td><td>balance at december 31 2007</td><td>$ 355</td></tr></table> as of december 31 , 2007 , the total amount of gross unrecognized tax benefits that , if recognized , would affect the effective tax rate was $ 134 million . we also had gross recognized tax benefits of $ 567 million recorded as of december 31 , 2007 associated with outstanding refund claims for prior tax years . therefore , we had a net receivable recorded with respect to prior year income tax matters in the accompanying balance sheets . our continuing practice is to recognize interest and penalties associated with income tax matters as a component of income tax expense . related to the uncertain tax benefits noted above , we accrued penalties of $ 5 million and interest of $ 36 million during 2007 . as of december 31 , 2007 , we have recognized a liability for penalties of $ 6 million and interest of $ 75 million . additionally , we have recognized a receivable for interest of $ 116 million for the recognized tax benefits associated with outstanding refund claims . we file income tax returns in the u.s . federal jurisdiction , most u.s . state and local jurisdictions , and many non-u.s . jurisdictions . as of december 31 , 2007 , we had substantially resolved all u.s . federal income tax matters for tax years prior to 1999 . in the third quarter of 2007 , we entered into a joint stipulation to dismiss the case with the department of justice , effectively withdrawing our refund claim related to the 1994 disposition of a subsidiary in france . the write-off of previously recognized tax receivable balances associated with the 1994 french matter resulted in a $ 37 million increase in income tax expense for the quarter . however , this increase was offset by the impact of favorable developments with various other u.s . federal , u.s . state , and non-u.s . contingency matters . in february 2008 , the irs completed its audit of the tax years 1999 through 2002 with only a limited number of issues that will be considered by the irs appeals office by 2009 . the irs is in the final stages of completing its audit of the tax years 2003 through 2004 . we anticipate that the irs will conclude its audit of the 2003 and 2004 tax years by 2009 . with few exceptions , we are no longer subject to u.s . state and local and non-u.s . income tax examinations by tax authorities for tax years prior to 1999 , but certain u.s . state and local matters are subject to ongoing litigation . a number of years may elapse before an uncertain tax position is audited and ultimately settled . it is difficult to predict the ultimate outcome or the timing of resolution for uncertain tax positions . it is reasonably possible that the amount of unrecognized tax benefits could significantly increase or decrease within the next twelve months . items that may cause changes to unrecognized tax benefits include the timing of interest deductions , the deductibility of acquisition costs , the consideration of filing requirements in various states , the allocation of income and expense between tax jurisdictions and the effects of terminating an election to have a foreign subsidiary join in filing a consolidated return . these changes could result from the settlement of ongoing litigation , the completion of ongoing examinations , the expiration of the statute of limitations , or other unforeseen circumstances . at this time , an estimate of the range of the reasonably possible change cannot be .
Question: what was the net change in the unrecognized tax benefit between 1/1/07 and 12/31/07?
Answer: -18.0
Question: what percentage of the balance of unrecognized tax benefits as of 12/17 impacts the effective tax rate?
| 0.37746 |
CONVFINQA4092 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
mastercard incorporated notes to consolidated financial statements 2014 ( continued ) ( in thousands , except percent and per share data ) the following table summarizes expected benefit payments through 2018 including those payments expected to be paid from the company 2019s general assets . since the majority of the benefit payments are made in the form of lump-sum distributions , actual benefit payments may differ from expected benefits payments. . <table class='wikitable'><tr><td>1</td><td>2009</td><td>$ 19766</td></tr><tr><td>2</td><td>2010</td><td>18182</td></tr><tr><td>3</td><td>2011</td><td>25518</td></tr><tr><td>4</td><td>2012</td><td>21029</td></tr><tr><td>5</td><td>2013</td><td>24578</td></tr><tr><td>6</td><td>2014 2013 2018</td><td>118709</td></tr></table> substantially all of the company 2019s u.s . employees are eligible to participate in a defined contribution savings plan ( the 201csavings plan 201d ) sponsored by the company . the savings plan allows employees to contribute a portion of their base compensation on a pre-tax and after-tax basis in accordance with specified guidelines . the company matches a percentage of employees 2019 contributions up to certain limits . in 2007 and prior years , the company could also contribute to the savings plan a discretionary profit sharing component linked to company performance during the prior year . beginning in 2008 , the discretionary profit sharing amount related to 2007 company performance was paid directly to employees as a short-term cash incentive bonus rather than as a contribution to the savings plan . in addition , the company has several defined contribution plans outside of the united states . the company 2019s contribution expense related to all of its defined contribution plans was $ 35341 , $ 26996 and $ 43594 for 2008 , 2007 and 2006 , respectively . the company had a value appreciation program ( 201cvap 201d ) , which was an incentive compensation plan established in 1995 . annual awards were granted to vap participants from 1995 through 1998 , which entitled participants to the net appreciation on a portfolio of securities of members of mastercard international . in 1999 , the vap was replaced by an executive incentive plan ( 201ceip 201d ) and the senior executive incentive plan ( 201cseip 201d ) ( together the 201ceip plans 201d ) ( see note 16 ( share based payments and other benefits ) ) . contributions to the vap have been discontinued , all plan assets have been disbursed and no vap liability remained as of december 31 , 2008 . the company 2019s liability related to the vap at december 31 , 2007 was $ 986 . the expense ( benefit ) was $ ( 6 ) , $ ( 267 ) and $ 3406 for the years ended december 31 , 2008 , 2007 and 2006 , respectively . note 12 . postemployment and postretirement benefits the company maintains a postretirement plan ( the 201cpostretirement plan 201d ) providing health coverage and life insurance benefits for substantially all of its u.s . employees and retirees hired before july 1 , 2007 . the company amended the life insurance benefits under the postretirement plan effective january 1 , 2007 . the impact , net of taxes , of this amendment was an increase of $ 1715 to accumulated other comprehensive income in 2007. .
Question: what was the value of the expense related to all of the defined contribution plans in 2008?
| 35341.0 |
CONVFINQA4093 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
mastercard incorporated notes to consolidated financial statements 2014 ( continued ) ( in thousands , except percent and per share data ) the following table summarizes expected benefit payments through 2018 including those payments expected to be paid from the company 2019s general assets . since the majority of the benefit payments are made in the form of lump-sum distributions , actual benefit payments may differ from expected benefits payments. . <table class='wikitable'><tr><td>1</td><td>2009</td><td>$ 19766</td></tr><tr><td>2</td><td>2010</td><td>18182</td></tr><tr><td>3</td><td>2011</td><td>25518</td></tr><tr><td>4</td><td>2012</td><td>21029</td></tr><tr><td>5</td><td>2013</td><td>24578</td></tr><tr><td>6</td><td>2014 2013 2018</td><td>118709</td></tr></table> substantially all of the company 2019s u.s . employees are eligible to participate in a defined contribution savings plan ( the 201csavings plan 201d ) sponsored by the company . the savings plan allows employees to contribute a portion of their base compensation on a pre-tax and after-tax basis in accordance with specified guidelines . the company matches a percentage of employees 2019 contributions up to certain limits . in 2007 and prior years , the company could also contribute to the savings plan a discretionary profit sharing component linked to company performance during the prior year . beginning in 2008 , the discretionary profit sharing amount related to 2007 company performance was paid directly to employees as a short-term cash incentive bonus rather than as a contribution to the savings plan . in addition , the company has several defined contribution plans outside of the united states . the company 2019s contribution expense related to all of its defined contribution plans was $ 35341 , $ 26996 and $ 43594 for 2008 , 2007 and 2006 , respectively . the company had a value appreciation program ( 201cvap 201d ) , which was an incentive compensation plan established in 1995 . annual awards were granted to vap participants from 1995 through 1998 , which entitled participants to the net appreciation on a portfolio of securities of members of mastercard international . in 1999 , the vap was replaced by an executive incentive plan ( 201ceip 201d ) and the senior executive incentive plan ( 201cseip 201d ) ( together the 201ceip plans 201d ) ( see note 16 ( share based payments and other benefits ) ) . contributions to the vap have been discontinued , all plan assets have been disbursed and no vap liability remained as of december 31 , 2008 . the company 2019s liability related to the vap at december 31 , 2007 was $ 986 . the expense ( benefit ) was $ ( 6 ) , $ ( 267 ) and $ 3406 for the years ended december 31 , 2008 , 2007 and 2006 , respectively . note 12 . postemployment and postretirement benefits the company maintains a postretirement plan ( the 201cpostretirement plan 201d ) providing health coverage and life insurance benefits for substantially all of its u.s . employees and retirees hired before july 1 , 2007 . the company amended the life insurance benefits under the postretirement plan effective january 1 , 2007 . the impact , net of taxes , of this amendment was an increase of $ 1715 to accumulated other comprehensive income in 2007. .
Question: what was the value of the expense related to all of the defined contribution plans in 2008?
Answer: 35341.0
Question: what was this value in 2007?
| 26996.0 |
CONVFINQA4094 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
mastercard incorporated notes to consolidated financial statements 2014 ( continued ) ( in thousands , except percent and per share data ) the following table summarizes expected benefit payments through 2018 including those payments expected to be paid from the company 2019s general assets . since the majority of the benefit payments are made in the form of lump-sum distributions , actual benefit payments may differ from expected benefits payments. . <table class='wikitable'><tr><td>1</td><td>2009</td><td>$ 19766</td></tr><tr><td>2</td><td>2010</td><td>18182</td></tr><tr><td>3</td><td>2011</td><td>25518</td></tr><tr><td>4</td><td>2012</td><td>21029</td></tr><tr><td>5</td><td>2013</td><td>24578</td></tr><tr><td>6</td><td>2014 2013 2018</td><td>118709</td></tr></table> substantially all of the company 2019s u.s . employees are eligible to participate in a defined contribution savings plan ( the 201csavings plan 201d ) sponsored by the company . the savings plan allows employees to contribute a portion of their base compensation on a pre-tax and after-tax basis in accordance with specified guidelines . the company matches a percentage of employees 2019 contributions up to certain limits . in 2007 and prior years , the company could also contribute to the savings plan a discretionary profit sharing component linked to company performance during the prior year . beginning in 2008 , the discretionary profit sharing amount related to 2007 company performance was paid directly to employees as a short-term cash incentive bonus rather than as a contribution to the savings plan . in addition , the company has several defined contribution plans outside of the united states . the company 2019s contribution expense related to all of its defined contribution plans was $ 35341 , $ 26996 and $ 43594 for 2008 , 2007 and 2006 , respectively . the company had a value appreciation program ( 201cvap 201d ) , which was an incentive compensation plan established in 1995 . annual awards were granted to vap participants from 1995 through 1998 , which entitled participants to the net appreciation on a portfolio of securities of members of mastercard international . in 1999 , the vap was replaced by an executive incentive plan ( 201ceip 201d ) and the senior executive incentive plan ( 201cseip 201d ) ( together the 201ceip plans 201d ) ( see note 16 ( share based payments and other benefits ) ) . contributions to the vap have been discontinued , all plan assets have been disbursed and no vap liability remained as of december 31 , 2008 . the company 2019s liability related to the vap at december 31 , 2007 was $ 986 . the expense ( benefit ) was $ ( 6 ) , $ ( 267 ) and $ 3406 for the years ended december 31 , 2008 , 2007 and 2006 , respectively . note 12 . postemployment and postretirement benefits the company maintains a postretirement plan ( the 201cpostretirement plan 201d ) providing health coverage and life insurance benefits for substantially all of its u.s . employees and retirees hired before july 1 , 2007 . the company amended the life insurance benefits under the postretirement plan effective january 1 , 2007 . the impact , net of taxes , of this amendment was an increase of $ 1715 to accumulated other comprehensive income in 2007. .
Question: what was the value of the expense related to all of the defined contribution plans in 2008?
Answer: 35341.0
Question: what was this value in 2007?
Answer: 26996.0
Question: what is the ratio of 2008 to 2007?
| 1.30912 |
CONVFINQA4095 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
mastercard incorporated notes to consolidated financial statements 2014 ( continued ) ( in thousands , except percent and per share data ) the following table summarizes expected benefit payments through 2018 including those payments expected to be paid from the company 2019s general assets . since the majority of the benefit payments are made in the form of lump-sum distributions , actual benefit payments may differ from expected benefits payments. . <table class='wikitable'><tr><td>1</td><td>2009</td><td>$ 19766</td></tr><tr><td>2</td><td>2010</td><td>18182</td></tr><tr><td>3</td><td>2011</td><td>25518</td></tr><tr><td>4</td><td>2012</td><td>21029</td></tr><tr><td>5</td><td>2013</td><td>24578</td></tr><tr><td>6</td><td>2014 2013 2018</td><td>118709</td></tr></table> substantially all of the company 2019s u.s . employees are eligible to participate in a defined contribution savings plan ( the 201csavings plan 201d ) sponsored by the company . the savings plan allows employees to contribute a portion of their base compensation on a pre-tax and after-tax basis in accordance with specified guidelines . the company matches a percentage of employees 2019 contributions up to certain limits . in 2007 and prior years , the company could also contribute to the savings plan a discretionary profit sharing component linked to company performance during the prior year . beginning in 2008 , the discretionary profit sharing amount related to 2007 company performance was paid directly to employees as a short-term cash incentive bonus rather than as a contribution to the savings plan . in addition , the company has several defined contribution plans outside of the united states . the company 2019s contribution expense related to all of its defined contribution plans was $ 35341 , $ 26996 and $ 43594 for 2008 , 2007 and 2006 , respectively . the company had a value appreciation program ( 201cvap 201d ) , which was an incentive compensation plan established in 1995 . annual awards were granted to vap participants from 1995 through 1998 , which entitled participants to the net appreciation on a portfolio of securities of members of mastercard international . in 1999 , the vap was replaced by an executive incentive plan ( 201ceip 201d ) and the senior executive incentive plan ( 201cseip 201d ) ( together the 201ceip plans 201d ) ( see note 16 ( share based payments and other benefits ) ) . contributions to the vap have been discontinued , all plan assets have been disbursed and no vap liability remained as of december 31 , 2008 . the company 2019s liability related to the vap at december 31 , 2007 was $ 986 . the expense ( benefit ) was $ ( 6 ) , $ ( 267 ) and $ 3406 for the years ended december 31 , 2008 , 2007 and 2006 , respectively . note 12 . postemployment and postretirement benefits the company maintains a postretirement plan ( the 201cpostretirement plan 201d ) providing health coverage and life insurance benefits for substantially all of its u.s . employees and retirees hired before july 1 , 2007 . the company amended the life insurance benefits under the postretirement plan effective january 1 , 2007 . the impact , net of taxes , of this amendment was an increase of $ 1715 to accumulated other comprehensive income in 2007. .
Question: what was the value of the expense related to all of the defined contribution plans in 2008?
Answer: 35341.0
Question: what was this value in 2007?
Answer: 26996.0
Question: what is the ratio of 2008 to 2007?
Answer: 1.30912
Question: what is that less 1?
| 0.30912 |
CONVFINQA4096 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
on either a straight-line or accelerated basis . amortization expense for intangibles was approximately $ 4.2 million , $ 4.1 million and $ 4.1 million during the years ended december 31 , 2010 , 2009 and 2008 , respectively . estimated annual amortization expense of the december 31 , 2010 balance for the years ended december 31 , 2011 through 2015 is approximately $ 4.8 million . impairment of long-lived assets long-lived assets are reviewed for possible impairment whenever events or circumstances indicate that the carrying amount of such assets may not be recoverable . if such review indicates that the carrying amount of long- lived assets is not recoverable , the carrying amount of such assets is reduced to fair value . during the year ended december 31 , 2010 , we recognized impairment charges on certain long-lived assets during the normal course of business of $ 1.3 million . there were no adjustments to the carrying value of long-lived assets of continuing operations during the years ended december 31 , 2009 or 2008 . fair value of financial instruments our debt is reflected on the balance sheet at cost . based on market conditions as of december 31 , 2010 , the fair value of our term loans ( see note 5 , 201clong-term obligations 201d ) reasonably approximated the carrying value of $ 590 million . at december 31 , 2009 , the fair value of our term loans at $ 570 million was below the carrying value of $ 596 million because our interest rate margins were below the rate available in the market . we estimated the fair value of our term loans by calculating the upfront cash payment a market participant would require to assume our obligations . the upfront cash payment , excluding any issuance costs , is the amount that a market participant would be able to lend at december 31 , 2010 and 2009 to an entity with a credit rating similar to ours and achieve sufficient cash inflows to cover the scheduled cash outflows under our term loans . the carrying amounts of our cash and equivalents , net trade receivables and accounts payable approximate fair value . we apply the market and income approaches to value our financial assets and liabilities , which include the cash surrender value of life insurance , deferred compensation liabilities and interest rate swaps . required fair value disclosures are included in note 7 , 201cfair value measurements . 201d product warranties some of our salvage mechanical products are sold with a standard six-month warranty against defects . additionally , some of our remanufactured engines are sold with a standard three-year warranty against defects . we record the estimated warranty costs at the time of sale using historical warranty claim information to project future warranty claims activity and related expenses . the changes in the warranty reserve are as follows ( in thousands ) : . <table class='wikitable'><tr><td>1</td><td>balance as of january 1 2009</td><td>$ 540</td></tr><tr><td>2</td><td>warranty expense</td><td>5033</td></tr><tr><td>3</td><td>warranty claims</td><td>-4969 ( 4969 )</td></tr><tr><td>4</td><td>balance as of december 31 2009</td><td>604</td></tr><tr><td>5</td><td>warranty expense</td><td>9351</td></tr><tr><td>6</td><td>warranty claims</td><td>-8882 ( 8882 )</td></tr><tr><td>7</td><td>business acquisitions</td><td>990</td></tr><tr><td>8</td><td>balance as of december 31 2010</td><td>$ 2063</td></tr></table> self-insurance reserves we self-insure a portion of employee medical benefits under the terms of our employee health insurance program . we purchase certain stop-loss insurance to limit our liability exposure . we also self-insure a portion of .
Question: what was the net change in changes in the warranty reserve in 2009?
| 64.0 |
CONVFINQA4097 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
on either a straight-line or accelerated basis . amortization expense for intangibles was approximately $ 4.2 million , $ 4.1 million and $ 4.1 million during the years ended december 31 , 2010 , 2009 and 2008 , respectively . estimated annual amortization expense of the december 31 , 2010 balance for the years ended december 31 , 2011 through 2015 is approximately $ 4.8 million . impairment of long-lived assets long-lived assets are reviewed for possible impairment whenever events or circumstances indicate that the carrying amount of such assets may not be recoverable . if such review indicates that the carrying amount of long- lived assets is not recoverable , the carrying amount of such assets is reduced to fair value . during the year ended december 31 , 2010 , we recognized impairment charges on certain long-lived assets during the normal course of business of $ 1.3 million . there were no adjustments to the carrying value of long-lived assets of continuing operations during the years ended december 31 , 2009 or 2008 . fair value of financial instruments our debt is reflected on the balance sheet at cost . based on market conditions as of december 31 , 2010 , the fair value of our term loans ( see note 5 , 201clong-term obligations 201d ) reasonably approximated the carrying value of $ 590 million . at december 31 , 2009 , the fair value of our term loans at $ 570 million was below the carrying value of $ 596 million because our interest rate margins were below the rate available in the market . we estimated the fair value of our term loans by calculating the upfront cash payment a market participant would require to assume our obligations . the upfront cash payment , excluding any issuance costs , is the amount that a market participant would be able to lend at december 31 , 2010 and 2009 to an entity with a credit rating similar to ours and achieve sufficient cash inflows to cover the scheduled cash outflows under our term loans . the carrying amounts of our cash and equivalents , net trade receivables and accounts payable approximate fair value . we apply the market and income approaches to value our financial assets and liabilities , which include the cash surrender value of life insurance , deferred compensation liabilities and interest rate swaps . required fair value disclosures are included in note 7 , 201cfair value measurements . 201d product warranties some of our salvage mechanical products are sold with a standard six-month warranty against defects . additionally , some of our remanufactured engines are sold with a standard three-year warranty against defects . we record the estimated warranty costs at the time of sale using historical warranty claim information to project future warranty claims activity and related expenses . the changes in the warranty reserve are as follows ( in thousands ) : . <table class='wikitable'><tr><td>1</td><td>balance as of january 1 2009</td><td>$ 540</td></tr><tr><td>2</td><td>warranty expense</td><td>5033</td></tr><tr><td>3</td><td>warranty claims</td><td>-4969 ( 4969 )</td></tr><tr><td>4</td><td>balance as of december 31 2009</td><td>604</td></tr><tr><td>5</td><td>warranty expense</td><td>9351</td></tr><tr><td>6</td><td>warranty claims</td><td>-8882 ( 8882 )</td></tr><tr><td>7</td><td>business acquisitions</td><td>990</td></tr><tr><td>8</td><td>balance as of december 31 2010</td><td>$ 2063</td></tr></table> self-insurance reserves we self-insure a portion of employee medical benefits under the terms of our employee health insurance program . we purchase certain stop-loss insurance to limit our liability exposure . we also self-insure a portion of .
Question: what was the net change in changes in the warranty reserve in 2009?
Answer: 64.0
Question: what was the value for changes in warranty reserves at the start of 2009?
| 540.0 |
CONVFINQA4098 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
on either a straight-line or accelerated basis . amortization expense for intangibles was approximately $ 4.2 million , $ 4.1 million and $ 4.1 million during the years ended december 31 , 2010 , 2009 and 2008 , respectively . estimated annual amortization expense of the december 31 , 2010 balance for the years ended december 31 , 2011 through 2015 is approximately $ 4.8 million . impairment of long-lived assets long-lived assets are reviewed for possible impairment whenever events or circumstances indicate that the carrying amount of such assets may not be recoverable . if such review indicates that the carrying amount of long- lived assets is not recoverable , the carrying amount of such assets is reduced to fair value . during the year ended december 31 , 2010 , we recognized impairment charges on certain long-lived assets during the normal course of business of $ 1.3 million . there were no adjustments to the carrying value of long-lived assets of continuing operations during the years ended december 31 , 2009 or 2008 . fair value of financial instruments our debt is reflected on the balance sheet at cost . based on market conditions as of december 31 , 2010 , the fair value of our term loans ( see note 5 , 201clong-term obligations 201d ) reasonably approximated the carrying value of $ 590 million . at december 31 , 2009 , the fair value of our term loans at $ 570 million was below the carrying value of $ 596 million because our interest rate margins were below the rate available in the market . we estimated the fair value of our term loans by calculating the upfront cash payment a market participant would require to assume our obligations . the upfront cash payment , excluding any issuance costs , is the amount that a market participant would be able to lend at december 31 , 2010 and 2009 to an entity with a credit rating similar to ours and achieve sufficient cash inflows to cover the scheduled cash outflows under our term loans . the carrying amounts of our cash and equivalents , net trade receivables and accounts payable approximate fair value . we apply the market and income approaches to value our financial assets and liabilities , which include the cash surrender value of life insurance , deferred compensation liabilities and interest rate swaps . required fair value disclosures are included in note 7 , 201cfair value measurements . 201d product warranties some of our salvage mechanical products are sold with a standard six-month warranty against defects . additionally , some of our remanufactured engines are sold with a standard three-year warranty against defects . we record the estimated warranty costs at the time of sale using historical warranty claim information to project future warranty claims activity and related expenses . the changes in the warranty reserve are as follows ( in thousands ) : . <table class='wikitable'><tr><td>1</td><td>balance as of january 1 2009</td><td>$ 540</td></tr><tr><td>2</td><td>warranty expense</td><td>5033</td></tr><tr><td>3</td><td>warranty claims</td><td>-4969 ( 4969 )</td></tr><tr><td>4</td><td>balance as of december 31 2009</td><td>604</td></tr><tr><td>5</td><td>warranty expense</td><td>9351</td></tr><tr><td>6</td><td>warranty claims</td><td>-8882 ( 8882 )</td></tr><tr><td>7</td><td>business acquisitions</td><td>990</td></tr><tr><td>8</td><td>balance as of december 31 2010</td><td>$ 2063</td></tr></table> self-insurance reserves we self-insure a portion of employee medical benefits under the terms of our employee health insurance program . we purchase certain stop-loss insurance to limit our liability exposure . we also self-insure a portion of .
Question: what was the net change in changes in the warranty reserve in 2009?
Answer: 64.0
Question: what was the value for changes in warranty reserves at the start of 2009?
Answer: 540.0
Question: what is the percent change?
| 0.11852 |
CONVFINQA4099 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
capital asset purchases associated with the retail segment were $ 294 million in 2007 , bringing the total capital asset purchases since inception of the retail segment to $ 1.0 billion . as of september 29 , 2007 , the retail segment had approximately 7900 employees and had outstanding operating lease commitments associated with retail store space and related facilities of $ 1.1 billion . the company would incur substantial costs if it were to close multiple retail stores . such costs could adversely affect the company 2019s financial condition and operating results . other segments the company 2019s other segments , which consists of its asia pacific and filemaker operations , experienced an increase in net sales of $ 406 million , or 30% ( 30 % ) during 2007 compared to 2006 . this increase related primarily to a 58% ( 58 % ) increase in sales of mac portable products and strong ipod sales in the company 2019s asia pacific region . during 2006 , net sales in other segments increased 35% ( 35 % ) compared to 2005 primarily due to an increase in sales of ipod and mac portable products . strong sales growth was a result of the introduction of the updated ipods featuring video-playing capabilities and the new intel-based mac portable products that translated to a 16% ( 16 % ) increase in mac unit sales during 2006 compared to 2005 . gross margin gross margin for each of the last three fiscal years are as follows ( in millions , except gross margin percentages ) : september 29 , september 30 , september 24 , 2007 2006 2005 . <table class='wikitable'><tr><td>1</td><td>-</td><td>september 29 2007</td><td>september 30 2006</td><td>september 24 2005</td></tr><tr><td>2</td><td>net sales</td><td>$ 24006</td><td>$ 19315</td><td>$ 13931</td></tr><tr><td>3</td><td>cost of sales</td><td>15852</td><td>13717</td><td>9889</td></tr><tr><td>4</td><td>gross margin</td><td>$ 8154</td><td>$ 5598</td><td>$ 4042</td></tr><tr><td>5</td><td>gross margin percentage</td><td>34.0% ( 34.0 % )</td><td>29.0% ( 29.0 % )</td><td>29.0% ( 29.0 % )</td></tr></table> gross margin percentage of 34.0% ( 34.0 % ) in 2007 increased significantly from 29.0% ( 29.0 % ) in 2006 . the primary drivers of this increase were more favorable costs on certain commodity components , including nand flash memory and dram memory , higher overall revenue that provided for more leverage on fixed production costs and a higher percentage of revenue from the company 2019s direct sales channels . the company anticipates that its gross margin and the gross margins of the personal computer , consumer electronics and mobile communication industries will be subject to pressure due to price competition . the company expects gross margin percentage to decline sequentially in the first quarter of 2008 primarily as a result of the full-quarter impact of product transitions and reduced pricing that were effected in the fourth quarter of 2007 , lower sales of ilife and iwork in their second quarter of availability , seasonally higher component costs , and a higher mix of indirect sales . these factors are expected to be partially offset by higher sales of the company 2019s mac os x operating system due to the introduction of mac os x version 10.5 leopard ( 2018 2018mac os x leopard 2019 2019 ) that became available in october 2007 . the foregoing statements regarding the company 2019s expected gross margin percentage are forward-looking . there can be no assurance that current gross margin percentage will be maintained or targeted gross margin percentage levels will be achieved . in general , gross margins and margins on individual products will remain under downward pressure due to a variety of factors , including continued industry wide global pricing pressures , increased competition , compressed product life cycles , potential increases in the cost and availability of raw material and outside manufacturing services , and a potential shift in the company 2019s sales mix towards products with lower gross margins . in response to these competitive pressures , the company expects it will continue to take pricing actions with respect to its products . gross margins could also be affected by the company 2019s ability to effectively manage product quality and warranty costs and to stimulate .
Question: what was the net change in value of sales from 2006 to 2007?
| 4691.0 |
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