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CONVFINQA5700 | Read the following texts and table with financial data from an S&P 500 earnings report 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 2013 ( continued ) ( amounts in millions , except per share amounts ) net cash used in investing activities during 2013 primarily related to payments for capital expenditures and acquisitions . capital expenditures of $ 173.0 related primarily to computer hardware and software and leasehold improvements . we made payments of $ 61.5 related to acquisitions completed during 2013 , net of cash acquired . financing activities net cash used in financing activities during 2014 primarily related to the purchase of long-term debt , the repurchase of our common stock and payment of dividends . during 2014 , we redeemed all $ 350.0 in aggregate principal amount of the 6.25% ( 6.25 % ) notes , repurchased 14.9 shares of our common stock for an aggregate cost of $ 275.1 , including fees , and made dividend payments of $ 159.0 on our common stock . this was offset by the issuance of $ 500.0 in aggregate principal amount of our 4.20% ( 4.20 % ) notes . net cash used in financing activities during 2013 primarily related to the purchase of long-term debt , the repurchase of our common stock and payment of dividends . we redeemed all $ 600.0 in aggregate principal amount of our 10.00% ( 10.00 % ) notes . in addition , we repurchased 31.8 shares of our common stock for an aggregate cost of $ 481.8 , including fees , and made dividend payments of $ 126.0 on our common stock . foreign exchange rate changes the effect of foreign exchange rate changes on cash and cash equivalents included in the consolidated statements of cash flows resulted in a decrease of $ 101.0 in 2014 . the decrease was primarily a result of the u.s . dollar being stronger than several foreign currencies , including the canadian dollar , brazilian real , australian dollar and the euro as of december 31 , 2014 compared to december 31 , 2013 . the effect of foreign exchange rate changes on cash and cash equivalents included in the consolidated statements of cash flows resulted in a decrease of $ 94.1 in 2013 . the decrease was primarily a result of the u.s . dollar being stronger than several foreign currencies , including the australian dollar , brazilian real , canadian dollar , japanese yen , and south african rand as of december 31 , 2013 compared to december 31 , 2012. . <table class='wikitable'><tr><td>1</td><td>balance sheet data</td><td>december 31 , 2014</td><td>december 31 , 2013</td></tr><tr><td>2</td><td>cash cash equivalents and marketable securities</td><td>$ 1667.2</td><td>$ 1642.1</td></tr><tr><td>3</td><td>short-term borrowings</td><td>$ 107.2</td><td>$ 179.1</td></tr><tr><td>4</td><td>current portion of long-term debt</td><td>2.1</td><td>353.6</td></tr><tr><td>5</td><td>long-term debt</td><td>1623.5</td><td>1129.8</td></tr><tr><td>6</td><td>total debt</td><td>$ 1732.8</td><td>$ 1662.5</td></tr></table> liquidity outlook we expect our cash flow from operations , cash and cash equivalents to be sufficient to meet our anticipated operating requirements at a minimum for the next twelve months . we also have a committed corporate credit facility as well as uncommitted facilities available to support our operating needs . we continue to maintain a disciplined approach to managing liquidity , with flexibility over significant uses of cash , including our capital expenditures , cash used for new acquisitions , our common stock repurchase program and our common stock dividends . from time to time , we evaluate market conditions and financing alternatives for opportunities to raise additional funds or otherwise improve our liquidity profile , enhance our financial flexibility and manage market risk . our ability to access the capital markets depends on a number of factors , which include those specific to us , such as our credit rating , and those related to the financial markets , such as the amount or terms of available credit . there can be no guarantee that we would be able to access new sources of liquidity on commercially reasonable terms , or at all. .
Question: for the two year period ended in 2014, what was the full long-term debt?
Answer: 2753.3
Question: and what was the total debt?
Answer: 3395.3
Question: how much, then, did the long-term debt represent as a portion of the total?
Answer: 0.81092
Question: and what is that in percentage?
| 81.09151 |
CONVFINQA5701 | Read the following texts and table with financial data from an S&P 500 earnings report 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 2013 ( continued ) ( amounts in millions , except per share amounts ) net cash used in investing activities during 2013 primarily related to payments for capital expenditures and acquisitions . capital expenditures of $ 173.0 related primarily to computer hardware and software and leasehold improvements . we made payments of $ 61.5 related to acquisitions completed during 2013 , net of cash acquired . financing activities net cash used in financing activities during 2014 primarily related to the purchase of long-term debt , the repurchase of our common stock and payment of dividends . during 2014 , we redeemed all $ 350.0 in aggregate principal amount of the 6.25% ( 6.25 % ) notes , repurchased 14.9 shares of our common stock for an aggregate cost of $ 275.1 , including fees , and made dividend payments of $ 159.0 on our common stock . this was offset by the issuance of $ 500.0 in aggregate principal amount of our 4.20% ( 4.20 % ) notes . net cash used in financing activities during 2013 primarily related to the purchase of long-term debt , the repurchase of our common stock and payment of dividends . we redeemed all $ 600.0 in aggregate principal amount of our 10.00% ( 10.00 % ) notes . in addition , we repurchased 31.8 shares of our common stock for an aggregate cost of $ 481.8 , including fees , and made dividend payments of $ 126.0 on our common stock . foreign exchange rate changes the effect of foreign exchange rate changes on cash and cash equivalents included in the consolidated statements of cash flows resulted in a decrease of $ 101.0 in 2014 . the decrease was primarily a result of the u.s . dollar being stronger than several foreign currencies , including the canadian dollar , brazilian real , australian dollar and the euro as of december 31 , 2014 compared to december 31 , 2013 . the effect of foreign exchange rate changes on cash and cash equivalents included in the consolidated statements of cash flows resulted in a decrease of $ 94.1 in 2013 . the decrease was primarily a result of the u.s . dollar being stronger than several foreign currencies , including the australian dollar , brazilian real , canadian dollar , japanese yen , and south african rand as of december 31 , 2013 compared to december 31 , 2012. . <table class='wikitable'><tr><td>1</td><td>balance sheet data</td><td>december 31 , 2014</td><td>december 31 , 2013</td></tr><tr><td>2</td><td>cash cash equivalents and marketable securities</td><td>$ 1667.2</td><td>$ 1642.1</td></tr><tr><td>3</td><td>short-term borrowings</td><td>$ 107.2</td><td>$ 179.1</td></tr><tr><td>4</td><td>current portion of long-term debt</td><td>2.1</td><td>353.6</td></tr><tr><td>5</td><td>long-term debt</td><td>1623.5</td><td>1129.8</td></tr><tr><td>6</td><td>total debt</td><td>$ 1732.8</td><td>$ 1662.5</td></tr></table> liquidity outlook we expect our cash flow from operations , cash and cash equivalents to be sufficient to meet our anticipated operating requirements at a minimum for the next twelve months . we also have a committed corporate credit facility as well as uncommitted facilities available to support our operating needs . we continue to maintain a disciplined approach to managing liquidity , with flexibility over significant uses of cash , including our capital expenditures , cash used for new acquisitions , our common stock repurchase program and our common stock dividends . from time to time , we evaluate market conditions and financing alternatives for opportunities to raise additional funds or otherwise improve our liquidity profile , enhance our financial flexibility and manage market risk . our ability to access the capital markets depends on a number of factors , which include those specific to us , such as our credit rating , and those related to the financial markets , such as the amount or terms of available credit . there can be no guarantee that we would be able to access new sources of liquidity on commercially reasonable terms , or at all. .
Question: for the two year period ended in 2014, what was the full long-term debt?
Answer: 2753.3
Question: and what was the total debt?
Answer: 3395.3
Question: how much, then, did the long-term debt represent as a portion of the total?
Answer: 0.81092
Question: and what is that in percentage?
Answer: 81.09151
Question: for that same two year period, what was the change in that total debt?
| 70.3 |
CONVFINQA5702 | Read the following texts and table with financial data from an S&P 500 earnings report 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 2013 ( continued ) ( amounts in millions , except per share amounts ) net cash used in investing activities during 2013 primarily related to payments for capital expenditures and acquisitions . capital expenditures of $ 173.0 related primarily to computer hardware and software and leasehold improvements . we made payments of $ 61.5 related to acquisitions completed during 2013 , net of cash acquired . financing activities net cash used in financing activities during 2014 primarily related to the purchase of long-term debt , the repurchase of our common stock and payment of dividends . during 2014 , we redeemed all $ 350.0 in aggregate principal amount of the 6.25% ( 6.25 % ) notes , repurchased 14.9 shares of our common stock for an aggregate cost of $ 275.1 , including fees , and made dividend payments of $ 159.0 on our common stock . this was offset by the issuance of $ 500.0 in aggregate principal amount of our 4.20% ( 4.20 % ) notes . net cash used in financing activities during 2013 primarily related to the purchase of long-term debt , the repurchase of our common stock and payment of dividends . we redeemed all $ 600.0 in aggregate principal amount of our 10.00% ( 10.00 % ) notes . in addition , we repurchased 31.8 shares of our common stock for an aggregate cost of $ 481.8 , including fees , and made dividend payments of $ 126.0 on our common stock . foreign exchange rate changes the effect of foreign exchange rate changes on cash and cash equivalents included in the consolidated statements of cash flows resulted in a decrease of $ 101.0 in 2014 . the decrease was primarily a result of the u.s . dollar being stronger than several foreign currencies , including the canadian dollar , brazilian real , australian dollar and the euro as of december 31 , 2014 compared to december 31 , 2013 . the effect of foreign exchange rate changes on cash and cash equivalents included in the consolidated statements of cash flows resulted in a decrease of $ 94.1 in 2013 . the decrease was primarily a result of the u.s . dollar being stronger than several foreign currencies , including the australian dollar , brazilian real , canadian dollar , japanese yen , and south african rand as of december 31 , 2013 compared to december 31 , 2012. . <table class='wikitable'><tr><td>1</td><td>balance sheet data</td><td>december 31 , 2014</td><td>december 31 , 2013</td></tr><tr><td>2</td><td>cash cash equivalents and marketable securities</td><td>$ 1667.2</td><td>$ 1642.1</td></tr><tr><td>3</td><td>short-term borrowings</td><td>$ 107.2</td><td>$ 179.1</td></tr><tr><td>4</td><td>current portion of long-term debt</td><td>2.1</td><td>353.6</td></tr><tr><td>5</td><td>long-term debt</td><td>1623.5</td><td>1129.8</td></tr><tr><td>6</td><td>total debt</td><td>$ 1732.8</td><td>$ 1662.5</td></tr></table> liquidity outlook we expect our cash flow from operations , cash and cash equivalents to be sufficient to meet our anticipated operating requirements at a minimum for the next twelve months . we also have a committed corporate credit facility as well as uncommitted facilities available to support our operating needs . we continue to maintain a disciplined approach to managing liquidity , with flexibility over significant uses of cash , including our capital expenditures , cash used for new acquisitions , our common stock repurchase program and our common stock dividends . from time to time , we evaluate market conditions and financing alternatives for opportunities to raise additional funds or otherwise improve our liquidity profile , enhance our financial flexibility and manage market risk . our ability to access the capital markets depends on a number of factors , which include those specific to us , such as our credit rating , and those related to the financial markets , such as the amount or terms of available credit . there can be no guarantee that we would be able to access new sources of liquidity on commercially reasonable terms , or at all. .
Question: for the two year period ended in 2014, what was the full long-term debt?
Answer: 2753.3
Question: and what was the total debt?
Answer: 3395.3
Question: how much, then, did the long-term debt represent as a portion of the total?
Answer: 0.81092
Question: and what is that in percentage?
Answer: 81.09151
Question: for that same two year period, what was the change in that total debt?
Answer: 70.3
Question: and what percentage does this change represent in relation to the 2013 total debt?
| 0.04229 |
CONVFINQA5703 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
the following table shows annual aircraft fuel consumption and costs , including taxes , for our mainline and regional operations for 2018 , 2017 and 2016 ( gallons and aircraft fuel expense in millions ) . year gallons average price per gallon aircraft fuel expense percent of total operating expenses . <table class='wikitable'><tr><td>1</td><td>year</td><td>gallons</td><td>average priceper gallon</td><td>aircraft fuelexpense</td><td>percent of totaloperating expenses</td></tr><tr><td>2</td><td>2018</td><td>4447</td><td>$ 2.23</td><td>$ 9896</td><td>23.6% ( 23.6 % )</td></tr><tr><td>3</td><td>2017</td><td>4352</td><td>1.73</td><td>7510</td><td>19.6% ( 19.6 % )</td></tr><tr><td>4</td><td>2016</td><td>4347</td><td>1.42</td><td>6180</td><td>17.6% ( 17.6 % )</td></tr></table> as of december 31 , 2018 , we did not have any fuel hedging contracts outstanding to hedge our fuel consumption . as such , and assuming we do not enter into any future transactions to hedge our fuel consumption , we will continue to be fully exposed to fluctuations in fuel prices . our current policy is not to enter into transactions to hedge our fuel consumption , although we review that policy from time to time based on market conditions and other factors . fuel prices have fluctuated substantially over the past several years . we cannot predict the future availability , price volatility or cost of aircraft fuel . natural disasters ( including hurricanes or similar events in the u.s . southeast and on the gulf coast where a significant portion of domestic refining capacity is located ) , political disruptions or wars involving oil-producing countries , economic sanctions imposed against oil-producing countries or specific industry participants , changes in fuel-related governmental policy , the strength of the u.s . dollar against foreign currencies , changes in the cost to transport or store petroleum products , changes in access to petroleum product pipelines and terminals , speculation in the energy futures markets , changes in aircraft fuel production capacity , environmental concerns and other unpredictable events may result in fuel supply shortages , distribution challenges , additional fuel price volatility and cost increases in the future . see part i , item 1a . risk factors 2013 201cour business is very dependent on the price and availability of aircraft fuel . continued periods of high volatility in fuel costs , increased fuel prices or significant disruptions in the supply of aircraft fuel could have a significant negative impact on our operating results and liquidity . 201d seasonality and other factors due to the greater demand for air travel during the summer months , revenues in the airline industry in the second and third quarters of the year tend to be greater than revenues in the first and fourth quarters of the year . general economic conditions , fears of terrorism or war , fare initiatives , fluctuations in fuel prices , labor actions , weather , natural disasters , outbreaks of disease and other factors could impact this seasonal pattern . therefore , our quarterly results of operations are not necessarily indicative of operating results for the entire year , and historical operating results in a quarterly or annual period are not necessarily indicative of future operating results . domestic and global regulatory landscape general airlines are subject to extensive domestic and international regulatory requirements . domestically , the dot and the federal aviation administration ( faa ) exercise significant regulatory authority over air carriers . the dot , among other things , oversees domestic and international codeshare agreements , international route authorities , competition and consumer protection matters such as advertising , denied boarding compensation and baggage liability . the antitrust division of the department of justice ( doj ) , along with the dot in certain instances , have jurisdiction over airline antitrust matters. .
Question: what was the aircraft fuel expense in 2018 plus that in 2017?
| 17406.0 |
CONVFINQA5704 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
the following table shows annual aircraft fuel consumption and costs , including taxes , for our mainline and regional operations for 2018 , 2017 and 2016 ( gallons and aircraft fuel expense in millions ) . year gallons average price per gallon aircraft fuel expense percent of total operating expenses . <table class='wikitable'><tr><td>1</td><td>year</td><td>gallons</td><td>average priceper gallon</td><td>aircraft fuelexpense</td><td>percent of totaloperating expenses</td></tr><tr><td>2</td><td>2018</td><td>4447</td><td>$ 2.23</td><td>$ 9896</td><td>23.6% ( 23.6 % )</td></tr><tr><td>3</td><td>2017</td><td>4352</td><td>1.73</td><td>7510</td><td>19.6% ( 19.6 % )</td></tr><tr><td>4</td><td>2016</td><td>4347</td><td>1.42</td><td>6180</td><td>17.6% ( 17.6 % )</td></tr></table> as of december 31 , 2018 , we did not have any fuel hedging contracts outstanding to hedge our fuel consumption . as such , and assuming we do not enter into any future transactions to hedge our fuel consumption , we will continue to be fully exposed to fluctuations in fuel prices . our current policy is not to enter into transactions to hedge our fuel consumption , although we review that policy from time to time based on market conditions and other factors . fuel prices have fluctuated substantially over the past several years . we cannot predict the future availability , price volatility or cost of aircraft fuel . natural disasters ( including hurricanes or similar events in the u.s . southeast and on the gulf coast where a significant portion of domestic refining capacity is located ) , political disruptions or wars involving oil-producing countries , economic sanctions imposed against oil-producing countries or specific industry participants , changes in fuel-related governmental policy , the strength of the u.s . dollar against foreign currencies , changes in the cost to transport or store petroleum products , changes in access to petroleum product pipelines and terminals , speculation in the energy futures markets , changes in aircraft fuel production capacity , environmental concerns and other unpredictable events may result in fuel supply shortages , distribution challenges , additional fuel price volatility and cost increases in the future . see part i , item 1a . risk factors 2013 201cour business is very dependent on the price and availability of aircraft fuel . continued periods of high volatility in fuel costs , increased fuel prices or significant disruptions in the supply of aircraft fuel could have a significant negative impact on our operating results and liquidity . 201d seasonality and other factors due to the greater demand for air travel during the summer months , revenues in the airline industry in the second and third quarters of the year tend to be greater than revenues in the first and fourth quarters of the year . general economic conditions , fears of terrorism or war , fare initiatives , fluctuations in fuel prices , labor actions , weather , natural disasters , outbreaks of disease and other factors could impact this seasonal pattern . therefore , our quarterly results of operations are not necessarily indicative of operating results for the entire year , and historical operating results in a quarterly or annual period are not necessarily indicative of future operating results . domestic and global regulatory landscape general airlines are subject to extensive domestic and international regulatory requirements . domestically , the dot and the federal aviation administration ( faa ) exercise significant regulatory authority over air carriers . the dot , among other things , oversees domestic and international codeshare agreements , international route authorities , competition and consumer protection matters such as advertising , denied boarding compensation and baggage liability . the antitrust division of the department of justice ( doj ) , along with the dot in certain instances , have jurisdiction over airline antitrust matters. .
Question: what was the aircraft fuel expense in 2018 plus that in 2017?
Answer: 17406.0
Question: what is the total sum including the expenses from 2016?
| 23586.0 |
CONVFINQA5705 | Read the following texts and table with financial data from an S&P 500 earnings report 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 receivable in 2014 , we entered into a $ 3.0 million promissory note with a privately held company which was recorded at cost . the interest rate on the promissory note is 8.0% ( 8.0 % ) per annum and is payable quarterly . all unpaid principal and accrued interest on the promissory note is due and payable on the earlier of august 26 , 2017 , or upon default . 5 . commitments and contingencies operating leases we lease various operating spaces in north america , europe , asia and australia under non-cancelable operating lease arrangements that expire on various dates through 2024 . these arrangements require us to pay certain operating expenses , such as taxes , repairs , and insurance and contain renewal and escalation clauses . we recognize rent expense under these arrangements on a straight-line basis over the term of the lease . as of december 31 , 2015 , the aggregate future minimum payments under non-cancelable operating leases consist of the following ( in thousands ) : years ending december 31 . <table class='wikitable'><tr><td>1</td><td>2016</td><td>$ 6306</td></tr><tr><td>2</td><td>2017</td><td>6678</td></tr><tr><td>3</td><td>2018</td><td>6260</td></tr><tr><td>4</td><td>2019</td><td>5809</td></tr><tr><td>5</td><td>2020</td><td>5580</td></tr><tr><td>6</td><td>thereafter</td><td>21450</td></tr><tr><td>7</td><td>total minimum future lease payments</td><td>$ 52083</td></tr></table> rent expense for all operating leases amounted to $ 6.7 million , $ 3.3 million and $ 3.6 million for the years ended december 31 , 2015 , 2014 and 2013 , respectively . financing obligation 2014build-to-suit lease in august 2012 , we executed a lease for a building then under construction in santa clara , california to serve as our headquarters . the lease term is 120 months and commenced in august 2013 . based on the terms of the lease agreement and due to our involvement in certain aspects of the construction such as our financial involvement in structural elements of asset construction , making decisions related to tenant improvement costs and purchasing insurance not reimbursable by the buyer-lessor ( the landlord ) , we were deemed the owner of the building ( for accounting purposes only ) during the construction period . we continue to maintain involvement in the property post construction completion and lack transferability of the risks and rewards of ownership , due to our required maintenance of a $ 4.0 million letter of credit , in addition to our ability and option to sublease our portion of the leased building for fees substantially higher than our base rate . due to our continued involvement in the property and lack of transferability of related risks and rewards of ownership to the landlord post construction , we account for the building and related improvements as a lease financing obligation . accordingly , as of december 31 , 2015 and 2014 , we have recorded assets of $ 53.4 million , representing the total costs of the building and improvements incurred , including the costs paid by the lessor ( the legal owner of the building ) and additional improvement costs paid by us , and a corresponding financing obligation of $ 42.5 million and $ 43.6 million , respectively . as of december 31 , 2015 , $ 1.3 million and $ 41.2 million were recorded as short-term and long-term financing obligations , respectively . land lease expense under our lease financing obligation included in rent expense above , amounted to $ 1.3 million and $ 1.2 million for the years ended december 31 , 2015 and 2014 , respectively . there was no land lease expense for the year ended december 31 , 2013. .
Question: what was the rent expense for operating leases at the end of 2015?
| 6.7 |
CONVFINQA5706 | Read the following texts and table with financial data from an S&P 500 earnings report 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 receivable in 2014 , we entered into a $ 3.0 million promissory note with a privately held company which was recorded at cost . the interest rate on the promissory note is 8.0% ( 8.0 % ) per annum and is payable quarterly . all unpaid principal and accrued interest on the promissory note is due and payable on the earlier of august 26 , 2017 , or upon default . 5 . commitments and contingencies operating leases we lease various operating spaces in north america , europe , asia and australia under non-cancelable operating lease arrangements that expire on various dates through 2024 . these arrangements require us to pay certain operating expenses , such as taxes , repairs , and insurance and contain renewal and escalation clauses . we recognize rent expense under these arrangements on a straight-line basis over the term of the lease . as of december 31 , 2015 , the aggregate future minimum payments under non-cancelable operating leases consist of the following ( in thousands ) : years ending december 31 . <table class='wikitable'><tr><td>1</td><td>2016</td><td>$ 6306</td></tr><tr><td>2</td><td>2017</td><td>6678</td></tr><tr><td>3</td><td>2018</td><td>6260</td></tr><tr><td>4</td><td>2019</td><td>5809</td></tr><tr><td>5</td><td>2020</td><td>5580</td></tr><tr><td>6</td><td>thereafter</td><td>21450</td></tr><tr><td>7</td><td>total minimum future lease payments</td><td>$ 52083</td></tr></table> rent expense for all operating leases amounted to $ 6.7 million , $ 3.3 million and $ 3.6 million for the years ended december 31 , 2015 , 2014 and 2013 , respectively . financing obligation 2014build-to-suit lease in august 2012 , we executed a lease for a building then under construction in santa clara , california to serve as our headquarters . the lease term is 120 months and commenced in august 2013 . based on the terms of the lease agreement and due to our involvement in certain aspects of the construction such as our financial involvement in structural elements of asset construction , making decisions related to tenant improvement costs and purchasing insurance not reimbursable by the buyer-lessor ( the landlord ) , we were deemed the owner of the building ( for accounting purposes only ) during the construction period . we continue to maintain involvement in the property post construction completion and lack transferability of the risks and rewards of ownership , due to our required maintenance of a $ 4.0 million letter of credit , in addition to our ability and option to sublease our portion of the leased building for fees substantially higher than our base rate . due to our continued involvement in the property and lack of transferability of related risks and rewards of ownership to the landlord post construction , we account for the building and related improvements as a lease financing obligation . accordingly , as of december 31 , 2015 and 2014 , we have recorded assets of $ 53.4 million , representing the total costs of the building and improvements incurred , including the costs paid by the lessor ( the legal owner of the building ) and additional improvement costs paid by us , and a corresponding financing obligation of $ 42.5 million and $ 43.6 million , respectively . as of december 31 , 2015 , $ 1.3 million and $ 41.2 million were recorded as short-term and long-term financing obligations , respectively . land lease expense under our lease financing obligation included in rent expense above , amounted to $ 1.3 million and $ 1.2 million for the years ended december 31 , 2015 and 2014 , respectively . there was no land lease expense for the year ended december 31 , 2013. .
Question: what was the rent expense for operating leases at the end of 2015?
Answer: 6.7
Question: what was the expense in 2014?
| 3.3 |
CONVFINQA5707 | Read the following texts and table with financial data from an S&P 500 earnings report 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 receivable in 2014 , we entered into a $ 3.0 million promissory note with a privately held company which was recorded at cost . the interest rate on the promissory note is 8.0% ( 8.0 % ) per annum and is payable quarterly . all unpaid principal and accrued interest on the promissory note is due and payable on the earlier of august 26 , 2017 , or upon default . 5 . commitments and contingencies operating leases we lease various operating spaces in north america , europe , asia and australia under non-cancelable operating lease arrangements that expire on various dates through 2024 . these arrangements require us to pay certain operating expenses , such as taxes , repairs , and insurance and contain renewal and escalation clauses . we recognize rent expense under these arrangements on a straight-line basis over the term of the lease . as of december 31 , 2015 , the aggregate future minimum payments under non-cancelable operating leases consist of the following ( in thousands ) : years ending december 31 . <table class='wikitable'><tr><td>1</td><td>2016</td><td>$ 6306</td></tr><tr><td>2</td><td>2017</td><td>6678</td></tr><tr><td>3</td><td>2018</td><td>6260</td></tr><tr><td>4</td><td>2019</td><td>5809</td></tr><tr><td>5</td><td>2020</td><td>5580</td></tr><tr><td>6</td><td>thereafter</td><td>21450</td></tr><tr><td>7</td><td>total minimum future lease payments</td><td>$ 52083</td></tr></table> rent expense for all operating leases amounted to $ 6.7 million , $ 3.3 million and $ 3.6 million for the years ended december 31 , 2015 , 2014 and 2013 , respectively . financing obligation 2014build-to-suit lease in august 2012 , we executed a lease for a building then under construction in santa clara , california to serve as our headquarters . the lease term is 120 months and commenced in august 2013 . based on the terms of the lease agreement and due to our involvement in certain aspects of the construction such as our financial involvement in structural elements of asset construction , making decisions related to tenant improvement costs and purchasing insurance not reimbursable by the buyer-lessor ( the landlord ) , we were deemed the owner of the building ( for accounting purposes only ) during the construction period . we continue to maintain involvement in the property post construction completion and lack transferability of the risks and rewards of ownership , due to our required maintenance of a $ 4.0 million letter of credit , in addition to our ability and option to sublease our portion of the leased building for fees substantially higher than our base rate . due to our continued involvement in the property and lack of transferability of related risks and rewards of ownership to the landlord post construction , we account for the building and related improvements as a lease financing obligation . accordingly , as of december 31 , 2015 and 2014 , we have recorded assets of $ 53.4 million , representing the total costs of the building and improvements incurred , including the costs paid by the lessor ( the legal owner of the building ) and additional improvement costs paid by us , and a corresponding financing obligation of $ 42.5 million and $ 43.6 million , respectively . as of december 31 , 2015 , $ 1.3 million and $ 41.2 million were recorded as short-term and long-term financing obligations , respectively . land lease expense under our lease financing obligation included in rent expense above , amounted to $ 1.3 million and $ 1.2 million for the years ended december 31 , 2015 and 2014 , respectively . there was no land lease expense for the year ended december 31 , 2013. .
Question: what was the rent expense for operating leases at the end of 2015?
Answer: 6.7
Question: what was the expense in 2014?
Answer: 3.3
Question: what was the net change?
| 3.4 |
CONVFINQA5708 | Read the following texts and table with financial data from an S&P 500 earnings report 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 receivable in 2014 , we entered into a $ 3.0 million promissory note with a privately held company which was recorded at cost . the interest rate on the promissory note is 8.0% ( 8.0 % ) per annum and is payable quarterly . all unpaid principal and accrued interest on the promissory note is due and payable on the earlier of august 26 , 2017 , or upon default . 5 . commitments and contingencies operating leases we lease various operating spaces in north america , europe , asia and australia under non-cancelable operating lease arrangements that expire on various dates through 2024 . these arrangements require us to pay certain operating expenses , such as taxes , repairs , and insurance and contain renewal and escalation clauses . we recognize rent expense under these arrangements on a straight-line basis over the term of the lease . as of december 31 , 2015 , the aggregate future minimum payments under non-cancelable operating leases consist of the following ( in thousands ) : years ending december 31 . <table class='wikitable'><tr><td>1</td><td>2016</td><td>$ 6306</td></tr><tr><td>2</td><td>2017</td><td>6678</td></tr><tr><td>3</td><td>2018</td><td>6260</td></tr><tr><td>4</td><td>2019</td><td>5809</td></tr><tr><td>5</td><td>2020</td><td>5580</td></tr><tr><td>6</td><td>thereafter</td><td>21450</td></tr><tr><td>7</td><td>total minimum future lease payments</td><td>$ 52083</td></tr></table> rent expense for all operating leases amounted to $ 6.7 million , $ 3.3 million and $ 3.6 million for the years ended december 31 , 2015 , 2014 and 2013 , respectively . financing obligation 2014build-to-suit lease in august 2012 , we executed a lease for a building then under construction in santa clara , california to serve as our headquarters . the lease term is 120 months and commenced in august 2013 . based on the terms of the lease agreement and due to our involvement in certain aspects of the construction such as our financial involvement in structural elements of asset construction , making decisions related to tenant improvement costs and purchasing insurance not reimbursable by the buyer-lessor ( the landlord ) , we were deemed the owner of the building ( for accounting purposes only ) during the construction period . we continue to maintain involvement in the property post construction completion and lack transferability of the risks and rewards of ownership , due to our required maintenance of a $ 4.0 million letter of credit , in addition to our ability and option to sublease our portion of the leased building for fees substantially higher than our base rate . due to our continued involvement in the property and lack of transferability of related risks and rewards of ownership to the landlord post construction , we account for the building and related improvements as a lease financing obligation . accordingly , as of december 31 , 2015 and 2014 , we have recorded assets of $ 53.4 million , representing the total costs of the building and improvements incurred , including the costs paid by the lessor ( the legal owner of the building ) and additional improvement costs paid by us , and a corresponding financing obligation of $ 42.5 million and $ 43.6 million , respectively . as of december 31 , 2015 , $ 1.3 million and $ 41.2 million were recorded as short-term and long-term financing obligations , respectively . land lease expense under our lease financing obligation included in rent expense above , amounted to $ 1.3 million and $ 1.2 million for the years ended december 31 , 2015 and 2014 , respectively . there was no land lease expense for the year ended december 31 , 2013. .
Question: what was the rent expense for operating leases at the end of 2015?
Answer: 6.7
Question: what was the expense in 2014?
Answer: 3.3
Question: what was the net change?
Answer: 3.4
Question: what was the percent change?
| 1.0303 |
CONVFINQA5709 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
investment policy , which is described more fully in note 15 employee benefit plans in the notes to consolidated financial statements in item 8 of this report . we calculate the expense associated with the pension plan and the assumptions and methods that we use include a policy of reflecting trust assets at their fair market value . on an annual basis , we review the actuarial assumptions related to the pension plan , including the discount rate , the rate of compensation increase and the expected return on plan assets . the discount rate and compensation increase assumptions do not significantly affect pension expense . however , the expected long-term return on assets assumption does significantly affect pension expense . our expected long- term return on plan assets for determining net periodic pension expense has been 8.25% ( 8.25 % ) for the past three years . the expected return on plan assets is a long-term assumption established by considering historical and anticipated returns of the asset classes invested in by the pension plan and the allocation strategy currently in place among those classes . while this analysis gives appropriate consideration to recent asset performance and historical returns , the assumption represents a long-term prospective return . we review this assumption at each measurement date and adjust it if warranted . for purposes of setting and reviewing this assumption , 201clong- term 201d refers to the period over which the plan 2019s projected benefit obligation will be disbursed . while year-to-year annual returns can vary significantly ( rates of return for the reporting years of 2009 , 2008 , and 2007 were +20.61% ( +20.61 % ) , -32.91% ( -32.91 % ) , and +7.57% ( +7.57 % ) , respectively ) , the assumption represents our estimate of long-term average prospective returns . our selection process references certain historical data and the current environment , but primarily utilizes qualitative judgment regarding future return expectations . recent annual returns may differ but , recognizing the volatility and unpredictability of investment returns , we generally do not change the assumption unless we modify our investment strategy or identify events that would alter our expectations of future returns . to evaluate the continued reasonableness of our assumption , we examine a variety of viewpoints and data . various studies have shown that portfolios comprised primarily of us equity securities have returned approximately 10% ( 10 % ) over long periods of time , while us debt securities have returned approximately 6% ( 6 % ) annually over long periods . application of these historical returns to the plan 2019s allocation of equities and bonds produces a result between 8% ( 8 % ) and 8.5% ( 8.5 % ) and is one point of reference , among many other factors , that is taken into consideration . we also examine the plan 2019s actual historical returns over various periods . recent experience is considered in our evaluation with appropriate consideration that , especially for short time periods , recent returns are not reliable indicators of future returns , and in many cases low returns in recent time periods are followed by higher returns in future periods ( and vice versa ) . acknowledging the potentially wide range for this assumption , we also annually examine the assumption used by other companies with similar pension investment strategies , so that we can ascertain whether our determinations markedly differ from other observers . in all cases , however , this data simply informs our process , which places the greatest emphasis on our qualitative judgment of future investment returns , given the conditions existing at each annual measurement date . the expected long-term return on plan assets for determining net periodic pension cost for 2009 was 8.25% ( 8.25 % ) , unchanged from 2008 . during 2010 , we intend to decrease the midpoint of the plan 2019s target allocation range for equities by approximately five percentage points . as a result of this change and taking into account all other factors described above , pnc will change the expected long-term return on plan assets to 8.00% ( 8.00 % ) for determining net periodic pension cost for 2010 . under current accounting rules , the difference between expected long-term returns and actual returns is accumulated and amortized to pension expense over future periods . each one percentage point difference in actual return compared with our expected return causes expense in subsequent years to change by up to $ 8 million as the impact is amortized into results of operations . the table below reflects the estimated effects on pension expense of certain changes in annual assumptions , using 2010 estimated expense as a baseline . change in assumption ( a ) estimated increase to 2010 pension expense ( in millions ) . <table class='wikitable'><tr><td>1</td><td>change in assumption ( a )</td><td>estimatedincrease to 2010pensionexpense ( inmillions )</td></tr><tr><td>2</td><td>.5% ( .5 % ) decrease in discount rate</td><td>$ 10</td></tr><tr><td>3</td><td>.5% ( .5 % ) decrease in expected long-term return on assets</td><td>$ 18</td></tr><tr><td>4</td><td>.5% ( .5 % ) increase in compensation rate</td><td>$ 3</td></tr></table> ( a ) the impact is the effect of changing the specified assumption while holding all other assumptions constant . we currently estimate a pretax pension expense of $ 41 million in 2010 compared with pretax expense of $ 117 million in 2009 . this year-over-year reduction was primarily due to the amortization impact of the favorable 2009 investment returns as compared with the expected long-term return assumption . our pension plan contribution requirements are not particularly sensitive to actuarial assumptions . investment performance has the most impact on contribution requirements and will drive the amount of permitted contributions in future years . also , current law , including the provisions of the pension protection act of 2006 , sets limits as to both minimum and maximum contributions to the plan . we expect that the minimum required contributions under the law will be zero for 2010 . we maintain other defined benefit plans that have a less significant effect on financial results , including various .
Question: what was the pretax expense in 2009, in millions?
| 117.0 |
CONVFINQA5710 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
investment policy , which is described more fully in note 15 employee benefit plans in the notes to consolidated financial statements in item 8 of this report . we calculate the expense associated with the pension plan and the assumptions and methods that we use include a policy of reflecting trust assets at their fair market value . on an annual basis , we review the actuarial assumptions related to the pension plan , including the discount rate , the rate of compensation increase and the expected return on plan assets . the discount rate and compensation increase assumptions do not significantly affect pension expense . however , the expected long-term return on assets assumption does significantly affect pension expense . our expected long- term return on plan assets for determining net periodic pension expense has been 8.25% ( 8.25 % ) for the past three years . the expected return on plan assets is a long-term assumption established by considering historical and anticipated returns of the asset classes invested in by the pension plan and the allocation strategy currently in place among those classes . while this analysis gives appropriate consideration to recent asset performance and historical returns , the assumption represents a long-term prospective return . we review this assumption at each measurement date and adjust it if warranted . for purposes of setting and reviewing this assumption , 201clong- term 201d refers to the period over which the plan 2019s projected benefit obligation will be disbursed . while year-to-year annual returns can vary significantly ( rates of return for the reporting years of 2009 , 2008 , and 2007 were +20.61% ( +20.61 % ) , -32.91% ( -32.91 % ) , and +7.57% ( +7.57 % ) , respectively ) , the assumption represents our estimate of long-term average prospective returns . our selection process references certain historical data and the current environment , but primarily utilizes qualitative judgment regarding future return expectations . recent annual returns may differ but , recognizing the volatility and unpredictability of investment returns , we generally do not change the assumption unless we modify our investment strategy or identify events that would alter our expectations of future returns . to evaluate the continued reasonableness of our assumption , we examine a variety of viewpoints and data . various studies have shown that portfolios comprised primarily of us equity securities have returned approximately 10% ( 10 % ) over long periods of time , while us debt securities have returned approximately 6% ( 6 % ) annually over long periods . application of these historical returns to the plan 2019s allocation of equities and bonds produces a result between 8% ( 8 % ) and 8.5% ( 8.5 % ) and is one point of reference , among many other factors , that is taken into consideration . we also examine the plan 2019s actual historical returns over various periods . recent experience is considered in our evaluation with appropriate consideration that , especially for short time periods , recent returns are not reliable indicators of future returns , and in many cases low returns in recent time periods are followed by higher returns in future periods ( and vice versa ) . acknowledging the potentially wide range for this assumption , we also annually examine the assumption used by other companies with similar pension investment strategies , so that we can ascertain whether our determinations markedly differ from other observers . in all cases , however , this data simply informs our process , which places the greatest emphasis on our qualitative judgment of future investment returns , given the conditions existing at each annual measurement date . the expected long-term return on plan assets for determining net periodic pension cost for 2009 was 8.25% ( 8.25 % ) , unchanged from 2008 . during 2010 , we intend to decrease the midpoint of the plan 2019s target allocation range for equities by approximately five percentage points . as a result of this change and taking into account all other factors described above , pnc will change the expected long-term return on plan assets to 8.00% ( 8.00 % ) for determining net periodic pension cost for 2010 . under current accounting rules , the difference between expected long-term returns and actual returns is accumulated and amortized to pension expense over future periods . each one percentage point difference in actual return compared with our expected return causes expense in subsequent years to change by up to $ 8 million as the impact is amortized into results of operations . the table below reflects the estimated effects on pension expense of certain changes in annual assumptions , using 2010 estimated expense as a baseline . change in assumption ( a ) estimated increase to 2010 pension expense ( in millions ) . <table class='wikitable'><tr><td>1</td><td>change in assumption ( a )</td><td>estimatedincrease to 2010pensionexpense ( inmillions )</td></tr><tr><td>2</td><td>.5% ( .5 % ) decrease in discount rate</td><td>$ 10</td></tr><tr><td>3</td><td>.5% ( .5 % ) decrease in expected long-term return on assets</td><td>$ 18</td></tr><tr><td>4</td><td>.5% ( .5 % ) increase in compensation rate</td><td>$ 3</td></tr></table> ( a ) the impact is the effect of changing the specified assumption while holding all other assumptions constant . we currently estimate a pretax pension expense of $ 41 million in 2010 compared with pretax expense of $ 117 million in 2009 . this year-over-year reduction was primarily due to the amortization impact of the favorable 2009 investment returns as compared with the expected long-term return assumption . our pension plan contribution requirements are not particularly sensitive to actuarial assumptions . investment performance has the most impact on contribution requirements and will drive the amount of permitted contributions in future years . also , current law , including the provisions of the pension protection act of 2006 , sets limits as to both minimum and maximum contributions to the plan . we expect that the minimum required contributions under the law will be zero for 2010 . we maintain other defined benefit plans that have a less significant effect on financial results , including various .
Question: what was the pretax expense in 2009, in millions?
Answer: 117.0
Question: and what was it in 2010, also in millions?
| 41.0 |
CONVFINQA5711 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
investment policy , which is described more fully in note 15 employee benefit plans in the notes to consolidated financial statements in item 8 of this report . we calculate the expense associated with the pension plan and the assumptions and methods that we use include a policy of reflecting trust assets at their fair market value . on an annual basis , we review the actuarial assumptions related to the pension plan , including the discount rate , the rate of compensation increase and the expected return on plan assets . the discount rate and compensation increase assumptions do not significantly affect pension expense . however , the expected long-term return on assets assumption does significantly affect pension expense . our expected long- term return on plan assets for determining net periodic pension expense has been 8.25% ( 8.25 % ) for the past three years . the expected return on plan assets is a long-term assumption established by considering historical and anticipated returns of the asset classes invested in by the pension plan and the allocation strategy currently in place among those classes . while this analysis gives appropriate consideration to recent asset performance and historical returns , the assumption represents a long-term prospective return . we review this assumption at each measurement date and adjust it if warranted . for purposes of setting and reviewing this assumption , 201clong- term 201d refers to the period over which the plan 2019s projected benefit obligation will be disbursed . while year-to-year annual returns can vary significantly ( rates of return for the reporting years of 2009 , 2008 , and 2007 were +20.61% ( +20.61 % ) , -32.91% ( -32.91 % ) , and +7.57% ( +7.57 % ) , respectively ) , the assumption represents our estimate of long-term average prospective returns . our selection process references certain historical data and the current environment , but primarily utilizes qualitative judgment regarding future return expectations . recent annual returns may differ but , recognizing the volatility and unpredictability of investment returns , we generally do not change the assumption unless we modify our investment strategy or identify events that would alter our expectations of future returns . to evaluate the continued reasonableness of our assumption , we examine a variety of viewpoints and data . various studies have shown that portfolios comprised primarily of us equity securities have returned approximately 10% ( 10 % ) over long periods of time , while us debt securities have returned approximately 6% ( 6 % ) annually over long periods . application of these historical returns to the plan 2019s allocation of equities and bonds produces a result between 8% ( 8 % ) and 8.5% ( 8.5 % ) and is one point of reference , among many other factors , that is taken into consideration . we also examine the plan 2019s actual historical returns over various periods . recent experience is considered in our evaluation with appropriate consideration that , especially for short time periods , recent returns are not reliable indicators of future returns , and in many cases low returns in recent time periods are followed by higher returns in future periods ( and vice versa ) . acknowledging the potentially wide range for this assumption , we also annually examine the assumption used by other companies with similar pension investment strategies , so that we can ascertain whether our determinations markedly differ from other observers . in all cases , however , this data simply informs our process , which places the greatest emphasis on our qualitative judgment of future investment returns , given the conditions existing at each annual measurement date . the expected long-term return on plan assets for determining net periodic pension cost for 2009 was 8.25% ( 8.25 % ) , unchanged from 2008 . during 2010 , we intend to decrease the midpoint of the plan 2019s target allocation range for equities by approximately five percentage points . as a result of this change and taking into account all other factors described above , pnc will change the expected long-term return on plan assets to 8.00% ( 8.00 % ) for determining net periodic pension cost for 2010 . under current accounting rules , the difference between expected long-term returns and actual returns is accumulated and amortized to pension expense over future periods . each one percentage point difference in actual return compared with our expected return causes expense in subsequent years to change by up to $ 8 million as the impact is amortized into results of operations . the table below reflects the estimated effects on pension expense of certain changes in annual assumptions , using 2010 estimated expense as a baseline . change in assumption ( a ) estimated increase to 2010 pension expense ( in millions ) . <table class='wikitable'><tr><td>1</td><td>change in assumption ( a )</td><td>estimatedincrease to 2010pensionexpense ( inmillions )</td></tr><tr><td>2</td><td>.5% ( .5 % ) decrease in discount rate</td><td>$ 10</td></tr><tr><td>3</td><td>.5% ( .5 % ) decrease in expected long-term return on assets</td><td>$ 18</td></tr><tr><td>4</td><td>.5% ( .5 % ) increase in compensation rate</td><td>$ 3</td></tr></table> ( a ) the impact is the effect of changing the specified assumption while holding all other assumptions constant . we currently estimate a pretax pension expense of $ 41 million in 2010 compared with pretax expense of $ 117 million in 2009 . this year-over-year reduction was primarily due to the amortization impact of the favorable 2009 investment returns as compared with the expected long-term return assumption . our pension plan contribution requirements are not particularly sensitive to actuarial assumptions . investment performance has the most impact on contribution requirements and will drive the amount of permitted contributions in future years . also , current law , including the provisions of the pension protection act of 2006 , sets limits as to both minimum and maximum contributions to the plan . we expect that the minimum required contributions under the law will be zero for 2010 . we maintain other defined benefit plans that have a less significant effect on financial results , including various .
Question: what was the pretax expense in 2009, in millions?
Answer: 117.0
Question: and what was it in 2010, also in millions?
Answer: 41.0
Question: by what amount, then, did it decrease over the year?
| 76.0 |
CONVFINQA5712 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
investment policy , which is described more fully in note 15 employee benefit plans in the notes to consolidated financial statements in item 8 of this report . we calculate the expense associated with the pension plan and the assumptions and methods that we use include a policy of reflecting trust assets at their fair market value . on an annual basis , we review the actuarial assumptions related to the pension plan , including the discount rate , the rate of compensation increase and the expected return on plan assets . the discount rate and compensation increase assumptions do not significantly affect pension expense . however , the expected long-term return on assets assumption does significantly affect pension expense . our expected long- term return on plan assets for determining net periodic pension expense has been 8.25% ( 8.25 % ) for the past three years . the expected return on plan assets is a long-term assumption established by considering historical and anticipated returns of the asset classes invested in by the pension plan and the allocation strategy currently in place among those classes . while this analysis gives appropriate consideration to recent asset performance and historical returns , the assumption represents a long-term prospective return . we review this assumption at each measurement date and adjust it if warranted . for purposes of setting and reviewing this assumption , 201clong- term 201d refers to the period over which the plan 2019s projected benefit obligation will be disbursed . while year-to-year annual returns can vary significantly ( rates of return for the reporting years of 2009 , 2008 , and 2007 were +20.61% ( +20.61 % ) , -32.91% ( -32.91 % ) , and +7.57% ( +7.57 % ) , respectively ) , the assumption represents our estimate of long-term average prospective returns . our selection process references certain historical data and the current environment , but primarily utilizes qualitative judgment regarding future return expectations . recent annual returns may differ but , recognizing the volatility and unpredictability of investment returns , we generally do not change the assumption unless we modify our investment strategy or identify events that would alter our expectations of future returns . to evaluate the continued reasonableness of our assumption , we examine a variety of viewpoints and data . various studies have shown that portfolios comprised primarily of us equity securities have returned approximately 10% ( 10 % ) over long periods of time , while us debt securities have returned approximately 6% ( 6 % ) annually over long periods . application of these historical returns to the plan 2019s allocation of equities and bonds produces a result between 8% ( 8 % ) and 8.5% ( 8.5 % ) and is one point of reference , among many other factors , that is taken into consideration . we also examine the plan 2019s actual historical returns over various periods . recent experience is considered in our evaluation with appropriate consideration that , especially for short time periods , recent returns are not reliable indicators of future returns , and in many cases low returns in recent time periods are followed by higher returns in future periods ( and vice versa ) . acknowledging the potentially wide range for this assumption , we also annually examine the assumption used by other companies with similar pension investment strategies , so that we can ascertain whether our determinations markedly differ from other observers . in all cases , however , this data simply informs our process , which places the greatest emphasis on our qualitative judgment of future investment returns , given the conditions existing at each annual measurement date . the expected long-term return on plan assets for determining net periodic pension cost for 2009 was 8.25% ( 8.25 % ) , unchanged from 2008 . during 2010 , we intend to decrease the midpoint of the plan 2019s target allocation range for equities by approximately five percentage points . as a result of this change and taking into account all other factors described above , pnc will change the expected long-term return on plan assets to 8.00% ( 8.00 % ) for determining net periodic pension cost for 2010 . under current accounting rules , the difference between expected long-term returns and actual returns is accumulated and amortized to pension expense over future periods . each one percentage point difference in actual return compared with our expected return causes expense in subsequent years to change by up to $ 8 million as the impact is amortized into results of operations . the table below reflects the estimated effects on pension expense of certain changes in annual assumptions , using 2010 estimated expense as a baseline . change in assumption ( a ) estimated increase to 2010 pension expense ( in millions ) . <table class='wikitable'><tr><td>1</td><td>change in assumption ( a )</td><td>estimatedincrease to 2010pensionexpense ( inmillions )</td></tr><tr><td>2</td><td>.5% ( .5 % ) decrease in discount rate</td><td>$ 10</td></tr><tr><td>3</td><td>.5% ( .5 % ) decrease in expected long-term return on assets</td><td>$ 18</td></tr><tr><td>4</td><td>.5% ( .5 % ) increase in compensation rate</td><td>$ 3</td></tr></table> ( a ) the impact is the effect of changing the specified assumption while holding all other assumptions constant . we currently estimate a pretax pension expense of $ 41 million in 2010 compared with pretax expense of $ 117 million in 2009 . this year-over-year reduction was primarily due to the amortization impact of the favorable 2009 investment returns as compared with the expected long-term return assumption . our pension plan contribution requirements are not particularly sensitive to actuarial assumptions . investment performance has the most impact on contribution requirements and will drive the amount of permitted contributions in future years . also , current law , including the provisions of the pension protection act of 2006 , sets limits as to both minimum and maximum contributions to the plan . we expect that the minimum required contributions under the law will be zero for 2010 . we maintain other defined benefit plans that have a less significant effect on financial results , including various .
Question: what was the pretax expense in 2009, in millions?
Answer: 117.0
Question: and what was it in 2010, also in millions?
Answer: 41.0
Question: by what amount, then, did it decrease over the year?
Answer: 76.0
Question: and how much does this amount represent in relation to the 2009 pretax expense, in percentage?
| 0.64957 |
CONVFINQA5713 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
agreements . deferred financing costs amounted to $ 51 million and $ 60 million , net of accumulated amortization , as of december 31 , 2007 and 2006 , respectively . amortization of deferred financing costs totaled $ 13 million , $ 15 million and $ 14 million in 2007 , 2006 and 2005 , respectively , and is included in interest expense on the accompanying statements of operations . amortization of property and equipment under capital leases totaled $ 2 million , $ 2 million and $ 3 million in 2007 , 2006 and 2005 , respectively , and is included in depreciation and amortization on the accompanying consolidated state- ments of operations . 5 stockholders 2019 equity seven hundred fifty million shares of common stock , with a par value of $ 0.01 per share , are authorized , of which 522.6 million and 521.1 million were outstanding as of december 31 , 2007 and 2006 , respectively . fifty million shares of no par value preferred stock are authorized , with 4.0 million shares out- standing as of december 31 , 2007 and 2006 . dividends we are required to distribute at least 90% ( 90 % ) of our annual taxable income , excluding net capital gain , to qualify as a reit . however , our policy on common dividends is generally to distribute 100% ( 100 % ) of our estimated annual taxable income , including net capital gain , unless otherwise contractually restricted . for our preferred dividends , we will generally pay the quarterly dividend , regard- less of the amount of taxable income , unless similarly contractu- ally restricted . the amount of any dividends will be determined by host 2019s board of directors . all dividends declared in 2007 , 2006 and 2005 were determined to be ordinary income . the table below presents the amount of common and preferred dividends declared per share as follows: . <table class='wikitable'><tr><td>1</td><td>-</td><td>2007</td><td>2006</td><td>2005</td></tr><tr><td>2</td><td>common stock</td><td>$ 1.00</td><td>$ .76</td><td>$ .41</td></tr><tr><td>3</td><td>class b preferred stock 10% ( 10 % )</td><td>2014</td><td>2014</td><td>.87</td></tr><tr><td>4</td><td>class c preferred stock 10% ( 10 % )</td><td>2014</td><td>.625</td><td>2.50</td></tr><tr><td>5</td><td>class e preferred stock 87/8% ( 87/8 % )</td><td>2.22</td><td>2.22</td><td>2.22</td></tr></table> class e preferred stock 8 7/8% ( 7/8 % ) 2.22 2.22 2.22 common stock on april 10 , 2006 , we issued approximately 133.5 million com- mon shares for the acquisition of hotels from starwood hotels & resorts . see note 12 , acquisitions-starwood acquisition . during 2006 , we converted our convertible subordinated debentures into approximately 24 million shares of common stock . the remainder was redeemed for $ 2 million in april 2006 . see note 4 , debt . preferred stock we currently have one class of publicly-traded preferred stock outstanding : 4034400 shares of 8 7/8% ( 7/8 % ) class e preferred stock . holders of the preferred stock are entitled to receive cumulative cash dividends at 8 7/8% ( 7/8 % ) per annum of the $ 25.00 per share liqui- dation preference , which are payable quarterly in arrears . after june 2 , 2009 , we have the option to redeem the class e preferred stock for $ 25.00 per share , plus accrued and unpaid dividends to the date of redemption . the preferred stock ranks senior to the common stock and the authorized series a junior participating preferred stock ( discussed below ) . the preferred stockholders generally have no voting rights . accrued preferred dividends at december 31 , 2007 and 2006 were approximately $ 2 million . during 2006 and 2005 , we redeemed , at par , all of our then outstanding shares of class c and b cumulative preferred stock , respectively . the fair value of the preferred stock ( which was equal to the redemption price ) exceeded the carrying value of the class c and b preferred stock by approximately $ 6 million and $ 4 million , respectively . these amounts represent the origi- nal issuance costs . the original issuance costs for the class c and b preferred stock have been reflected in the determination of net income available to common stockholders for the pur- pose of calculating our basic and diluted earnings per share in the respective years of redemption . stockholders rights plan in 1998 , the board of directors adopted a stockholder rights plan under which a dividend of one preferred stock purchase right was distributed for each outstanding share of our com- mon stock . each right when exercisable entitles the holder to buy 1/1000th of a share of a series a junior participating pre- ferred stock of ours at an exercise price of $ 55 per share , subject to adjustment . the rights are exercisable 10 days after a person or group acquired beneficial ownership of at least 20% ( 20 % ) , or began a tender or exchange offer for at least 20% ( 20 % ) , of our com- mon stock . shares owned by a person or group on november 3 , 1998 and held continuously thereafter are exempt for purposes of determining beneficial ownership under the rights plan . the rights are non-voting and expire on november 22 , 2008 , unless exercised or previously redeemed by us for $ .005 each . if we were involved in a merger or certain other business combina- tions not approved by the board of directors , each right entitles its holder , other than the acquiring person or group , to purchase common stock of either our company or the acquiror having a value of twice the exercise price of the right . stock repurchase plan our board of directors has authorized a program to repur- chase up to $ 500 million of common stock . the common stock may be purchased in the open market or through private trans- actions , dependent upon market conditions . the plan does not obligate us to repurchase any specific number of shares and may be suspended at any time at management 2019s discretion . 6 income taxes we elected to be treated as a reit effective january 1 , 1999 , pursuant to the u.s . internal revenue code of 1986 , as amended . in general , a corporation that elects reit status and meets certain tax law requirements regarding the distribution of its taxable income to its stockholders as prescribed by applicable tax laws and complies with certain other requirements ( relating primarily to the nature of its assets and the sources of its revenues ) is generally not subject to federal and state income taxation on its operating income distributed to its stockholders . in addition to paying federal and state income taxes on any retained income , we are subject to taxes on 201cbuilt-in-gains 201d resulting from sales of certain assets . additionally , our taxable reit subsidiaries are subject to federal , state and foreign 63h o s t h o t e l s & r e s o r t s 2 0 0 7 60629p21-80x4 4/8/08 4:02 pm page 63 .
Question: what was the net change in the value of amortization of deferred financing costs from 2006 to 2007?
| -2.0 |
CONVFINQA5714 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
agreements . deferred financing costs amounted to $ 51 million and $ 60 million , net of accumulated amortization , as of december 31 , 2007 and 2006 , respectively . amortization of deferred financing costs totaled $ 13 million , $ 15 million and $ 14 million in 2007 , 2006 and 2005 , respectively , and is included in interest expense on the accompanying statements of operations . amortization of property and equipment under capital leases totaled $ 2 million , $ 2 million and $ 3 million in 2007 , 2006 and 2005 , respectively , and is included in depreciation and amortization on the accompanying consolidated state- ments of operations . 5 stockholders 2019 equity seven hundred fifty million shares of common stock , with a par value of $ 0.01 per share , are authorized , of which 522.6 million and 521.1 million were outstanding as of december 31 , 2007 and 2006 , respectively . fifty million shares of no par value preferred stock are authorized , with 4.0 million shares out- standing as of december 31 , 2007 and 2006 . dividends we are required to distribute at least 90% ( 90 % ) of our annual taxable income , excluding net capital gain , to qualify as a reit . however , our policy on common dividends is generally to distribute 100% ( 100 % ) of our estimated annual taxable income , including net capital gain , unless otherwise contractually restricted . for our preferred dividends , we will generally pay the quarterly dividend , regard- less of the amount of taxable income , unless similarly contractu- ally restricted . the amount of any dividends will be determined by host 2019s board of directors . all dividends declared in 2007 , 2006 and 2005 were determined to be ordinary income . the table below presents the amount of common and preferred dividends declared per share as follows: . <table class='wikitable'><tr><td>1</td><td>-</td><td>2007</td><td>2006</td><td>2005</td></tr><tr><td>2</td><td>common stock</td><td>$ 1.00</td><td>$ .76</td><td>$ .41</td></tr><tr><td>3</td><td>class b preferred stock 10% ( 10 % )</td><td>2014</td><td>2014</td><td>.87</td></tr><tr><td>4</td><td>class c preferred stock 10% ( 10 % )</td><td>2014</td><td>.625</td><td>2.50</td></tr><tr><td>5</td><td>class e preferred stock 87/8% ( 87/8 % )</td><td>2.22</td><td>2.22</td><td>2.22</td></tr></table> class e preferred stock 8 7/8% ( 7/8 % ) 2.22 2.22 2.22 common stock on april 10 , 2006 , we issued approximately 133.5 million com- mon shares for the acquisition of hotels from starwood hotels & resorts . see note 12 , acquisitions-starwood acquisition . during 2006 , we converted our convertible subordinated debentures into approximately 24 million shares of common stock . the remainder was redeemed for $ 2 million in april 2006 . see note 4 , debt . preferred stock we currently have one class of publicly-traded preferred stock outstanding : 4034400 shares of 8 7/8% ( 7/8 % ) class e preferred stock . holders of the preferred stock are entitled to receive cumulative cash dividends at 8 7/8% ( 7/8 % ) per annum of the $ 25.00 per share liqui- dation preference , which are payable quarterly in arrears . after june 2 , 2009 , we have the option to redeem the class e preferred stock for $ 25.00 per share , plus accrued and unpaid dividends to the date of redemption . the preferred stock ranks senior to the common stock and the authorized series a junior participating preferred stock ( discussed below ) . the preferred stockholders generally have no voting rights . accrued preferred dividends at december 31 , 2007 and 2006 were approximately $ 2 million . during 2006 and 2005 , we redeemed , at par , all of our then outstanding shares of class c and b cumulative preferred stock , respectively . the fair value of the preferred stock ( which was equal to the redemption price ) exceeded the carrying value of the class c and b preferred stock by approximately $ 6 million and $ 4 million , respectively . these amounts represent the origi- nal issuance costs . the original issuance costs for the class c and b preferred stock have been reflected in the determination of net income available to common stockholders for the pur- pose of calculating our basic and diluted earnings per share in the respective years of redemption . stockholders rights plan in 1998 , the board of directors adopted a stockholder rights plan under which a dividend of one preferred stock purchase right was distributed for each outstanding share of our com- mon stock . each right when exercisable entitles the holder to buy 1/1000th of a share of a series a junior participating pre- ferred stock of ours at an exercise price of $ 55 per share , subject to adjustment . the rights are exercisable 10 days after a person or group acquired beneficial ownership of at least 20% ( 20 % ) , or began a tender or exchange offer for at least 20% ( 20 % ) , of our com- mon stock . shares owned by a person or group on november 3 , 1998 and held continuously thereafter are exempt for purposes of determining beneficial ownership under the rights plan . the rights are non-voting and expire on november 22 , 2008 , unless exercised or previously redeemed by us for $ .005 each . if we were involved in a merger or certain other business combina- tions not approved by the board of directors , each right entitles its holder , other than the acquiring person or group , to purchase common stock of either our company or the acquiror having a value of twice the exercise price of the right . stock repurchase plan our board of directors has authorized a program to repur- chase up to $ 500 million of common stock . the common stock may be purchased in the open market or through private trans- actions , dependent upon market conditions . the plan does not obligate us to repurchase any specific number of shares and may be suspended at any time at management 2019s discretion . 6 income taxes we elected to be treated as a reit effective january 1 , 1999 , pursuant to the u.s . internal revenue code of 1986 , as amended . in general , a corporation that elects reit status and meets certain tax law requirements regarding the distribution of its taxable income to its stockholders as prescribed by applicable tax laws and complies with certain other requirements ( relating primarily to the nature of its assets and the sources of its revenues ) is generally not subject to federal and state income taxation on its operating income distributed to its stockholders . in addition to paying federal and state income taxes on any retained income , we are subject to taxes on 201cbuilt-in-gains 201d resulting from sales of certain assets . additionally , our taxable reit subsidiaries are subject to federal , state and foreign 63h o s t h o t e l s & r e s o r t s 2 0 0 7 60629p21-80x4 4/8/08 4:02 pm page 63 .
Question: what was the net change in the value of amortization of deferred financing costs from 2006 to 2007?
Answer: -2.0
Question: what was the value in 2006?
| 15.0 |
CONVFINQA5715 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
agreements . deferred financing costs amounted to $ 51 million and $ 60 million , net of accumulated amortization , as of december 31 , 2007 and 2006 , respectively . amortization of deferred financing costs totaled $ 13 million , $ 15 million and $ 14 million in 2007 , 2006 and 2005 , respectively , and is included in interest expense on the accompanying statements of operations . amortization of property and equipment under capital leases totaled $ 2 million , $ 2 million and $ 3 million in 2007 , 2006 and 2005 , respectively , and is included in depreciation and amortization on the accompanying consolidated state- ments of operations . 5 stockholders 2019 equity seven hundred fifty million shares of common stock , with a par value of $ 0.01 per share , are authorized , of which 522.6 million and 521.1 million were outstanding as of december 31 , 2007 and 2006 , respectively . fifty million shares of no par value preferred stock are authorized , with 4.0 million shares out- standing as of december 31 , 2007 and 2006 . dividends we are required to distribute at least 90% ( 90 % ) of our annual taxable income , excluding net capital gain , to qualify as a reit . however , our policy on common dividends is generally to distribute 100% ( 100 % ) of our estimated annual taxable income , including net capital gain , unless otherwise contractually restricted . for our preferred dividends , we will generally pay the quarterly dividend , regard- less of the amount of taxable income , unless similarly contractu- ally restricted . the amount of any dividends will be determined by host 2019s board of directors . all dividends declared in 2007 , 2006 and 2005 were determined to be ordinary income . the table below presents the amount of common and preferred dividends declared per share as follows: . <table class='wikitable'><tr><td>1</td><td>-</td><td>2007</td><td>2006</td><td>2005</td></tr><tr><td>2</td><td>common stock</td><td>$ 1.00</td><td>$ .76</td><td>$ .41</td></tr><tr><td>3</td><td>class b preferred stock 10% ( 10 % )</td><td>2014</td><td>2014</td><td>.87</td></tr><tr><td>4</td><td>class c preferred stock 10% ( 10 % )</td><td>2014</td><td>.625</td><td>2.50</td></tr><tr><td>5</td><td>class e preferred stock 87/8% ( 87/8 % )</td><td>2.22</td><td>2.22</td><td>2.22</td></tr></table> class e preferred stock 8 7/8% ( 7/8 % ) 2.22 2.22 2.22 common stock on april 10 , 2006 , we issued approximately 133.5 million com- mon shares for the acquisition of hotels from starwood hotels & resorts . see note 12 , acquisitions-starwood acquisition . during 2006 , we converted our convertible subordinated debentures into approximately 24 million shares of common stock . the remainder was redeemed for $ 2 million in april 2006 . see note 4 , debt . preferred stock we currently have one class of publicly-traded preferred stock outstanding : 4034400 shares of 8 7/8% ( 7/8 % ) class e preferred stock . holders of the preferred stock are entitled to receive cumulative cash dividends at 8 7/8% ( 7/8 % ) per annum of the $ 25.00 per share liqui- dation preference , which are payable quarterly in arrears . after june 2 , 2009 , we have the option to redeem the class e preferred stock for $ 25.00 per share , plus accrued and unpaid dividends to the date of redemption . the preferred stock ranks senior to the common stock and the authorized series a junior participating preferred stock ( discussed below ) . the preferred stockholders generally have no voting rights . accrued preferred dividends at december 31 , 2007 and 2006 were approximately $ 2 million . during 2006 and 2005 , we redeemed , at par , all of our then outstanding shares of class c and b cumulative preferred stock , respectively . the fair value of the preferred stock ( which was equal to the redemption price ) exceeded the carrying value of the class c and b preferred stock by approximately $ 6 million and $ 4 million , respectively . these amounts represent the origi- nal issuance costs . the original issuance costs for the class c and b preferred stock have been reflected in the determination of net income available to common stockholders for the pur- pose of calculating our basic and diluted earnings per share in the respective years of redemption . stockholders rights plan in 1998 , the board of directors adopted a stockholder rights plan under which a dividend of one preferred stock purchase right was distributed for each outstanding share of our com- mon stock . each right when exercisable entitles the holder to buy 1/1000th of a share of a series a junior participating pre- ferred stock of ours at an exercise price of $ 55 per share , subject to adjustment . the rights are exercisable 10 days after a person or group acquired beneficial ownership of at least 20% ( 20 % ) , or began a tender or exchange offer for at least 20% ( 20 % ) , of our com- mon stock . shares owned by a person or group on november 3 , 1998 and held continuously thereafter are exempt for purposes of determining beneficial ownership under the rights plan . the rights are non-voting and expire on november 22 , 2008 , unless exercised or previously redeemed by us for $ .005 each . if we were involved in a merger or certain other business combina- tions not approved by the board of directors , each right entitles its holder , other than the acquiring person or group , to purchase common stock of either our company or the acquiror having a value of twice the exercise price of the right . stock repurchase plan our board of directors has authorized a program to repur- chase up to $ 500 million of common stock . the common stock may be purchased in the open market or through private trans- actions , dependent upon market conditions . the plan does not obligate us to repurchase any specific number of shares and may be suspended at any time at management 2019s discretion . 6 income taxes we elected to be treated as a reit effective january 1 , 1999 , pursuant to the u.s . internal revenue code of 1986 , as amended . in general , a corporation that elects reit status and meets certain tax law requirements regarding the distribution of its taxable income to its stockholders as prescribed by applicable tax laws and complies with certain other requirements ( relating primarily to the nature of its assets and the sources of its revenues ) is generally not subject to federal and state income taxation on its operating income distributed to its stockholders . in addition to paying federal and state income taxes on any retained income , we are subject to taxes on 201cbuilt-in-gains 201d resulting from sales of certain assets . additionally , our taxable reit subsidiaries are subject to federal , state and foreign 63h o s t h o t e l s & r e s o r t s 2 0 0 7 60629p21-80x4 4/8/08 4:02 pm page 63 .
Question: what was the net change in the value of amortization of deferred financing costs from 2006 to 2007?
Answer: -2.0
Question: what was the value in 2006?
Answer: 15.0
Question: what is the net change in value divided by the 2006 value?
| -0.13333 |
CONVFINQA5716 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
american tower corporation and subsidiaries notes to consolidated financial statements recognizing customer revenue , the company must assess the collectability of both the amounts billed and the portion recognized on a straight-line basis . this assessment takes customer credit risk and business and industry conditions into consideration to ultimately determine the collectability of the amounts billed . to the extent the amounts , based on management 2019s estimates , may not be collectible , recognition is deferred until such point as the uncertainty is resolved . any amounts which were previously recognized as revenue and subsequently determined to be uncollectible are charged to bad debt expense . accounts receivable are reported net of allowances for doubtful accounts related to estimated losses resulting from a customer 2019s inability to make required payments and reserves for amounts invoiced whose collectability is not reasonably assured . these allowances are generally estimated based on payment patterns , days past due and collection history , and incorporate changes in economic conditions that may not be reflected in historical trends , such as customers in bankruptcy , liquidation or reorganization . receivables are written-off against the allowances when they are determined uncollectible . such determination includes analysis and consideration of the particular conditions of the account . changes in the allowances were as follows for the years ended december 31 , ( in thousands ) : . <table class='wikitable'><tr><td>1</td><td>-</td><td>2010</td><td>2009</td><td>2008</td></tr><tr><td>2</td><td>balance as of january 1,</td><td>$ 28520</td><td>$ 11482</td><td>$ 8850</td></tr><tr><td>3</td><td>current year increases</td><td>16219</td><td>26771</td><td>12059</td></tr><tr><td>4</td><td>recoveries and other</td><td>-22234 ( 22234 )</td><td>-9733 ( 9733 )</td><td>-9427 ( 9427 )</td></tr><tr><td>5</td><td>balance as of december 31,</td><td>$ 22505</td><td>$ 28520</td><td>$ 11482</td></tr></table> the company 2019s largest international customer is iusacell , which is the brand name under which a group of companies controlled by grupo iusacell , s.a . de c.v . ( 201cgrupo iusacell 201d ) operates . iusacell represented approximately 4% ( 4 % ) of the company 2019s total revenue for the year ended december 31 , 2010 . grupo iusacell has been engaged in a refinancing of a majority of its u.s . dollar denominated debt , and in connection with this process , two of the legal entities of the group , including grupo iusacell , voluntarily filed for a pre-packaged concurso mercantil ( a process substantially equivalent to chapter 11 of u.s . bankruptcy law ) with the backing of a majority of their financial creditors in december 2010 . as of december 31 , 2010 , iusacell notes receivable , net , and related assets ( which include financing lease commitments and a deferred rent asset that are primarily long-term in nature ) were $ 19.7 million and $ 51.2 million , respectively . functional currency 2014as a result of changes to the organizational structure of the company 2019s subsidiaries in latin america in 2010 , the company determined that effective january 1 , 2010 , the functional currency of its foreign subsidiary in brazil is the brazilian real . from that point forward , all assets and liabilities held by the subsidiary in brazil are translated into u.s . dollars at the exchange rate in effect at the end of the applicable reporting period . revenues and expenses are translated at the average monthly exchange rates and the cumulative translation effect is included in stockholders 2019 equity . the change in functional currency from u.s . dollars to brazilian real gave rise to an increase in the net value of certain non-monetary assets and liabilities . the aggregate impact on such assets and liabilities was $ 39.8 million with an offsetting increase in accumulated other comprehensive income ( loss ) . as a result of the renegotiation of the company 2019s agreements with its largest international customer , iusacell , which included , among other changes , converting all of iusacell 2019s contractual obligations to the company from u.s . dollars to mexican pesos , the company has determined that effective april 1 , 2010 , the functional currency of certain of its foreign subsidiaries in mexico is the mexican peso . from that point forward , all assets and liabilities held by those subsidiaries in mexico are translated into u.s . dollars at the exchange rate in effect at the end of the applicable reporting period . revenues and expenses are translated at the average monthly exchange rates and the cumulative translation effect is included in stockholders 2019 equity . the change in functional .
Question: what was the value of the allowance balance for the uncollectable accounts at the end of the year?
| 28520.0 |
CONVFINQA5717 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
american tower corporation and subsidiaries notes to consolidated financial statements recognizing customer revenue , the company must assess the collectability of both the amounts billed and the portion recognized on a straight-line basis . this assessment takes customer credit risk and business and industry conditions into consideration to ultimately determine the collectability of the amounts billed . to the extent the amounts , based on management 2019s estimates , may not be collectible , recognition is deferred until such point as the uncertainty is resolved . any amounts which were previously recognized as revenue and subsequently determined to be uncollectible are charged to bad debt expense . accounts receivable are reported net of allowances for doubtful accounts related to estimated losses resulting from a customer 2019s inability to make required payments and reserves for amounts invoiced whose collectability is not reasonably assured . these allowances are generally estimated based on payment patterns , days past due and collection history , and incorporate changes in economic conditions that may not be reflected in historical trends , such as customers in bankruptcy , liquidation or reorganization . receivables are written-off against the allowances when they are determined uncollectible . such determination includes analysis and consideration of the particular conditions of the account . changes in the allowances were as follows for the years ended december 31 , ( in thousands ) : . <table class='wikitable'><tr><td>1</td><td>-</td><td>2010</td><td>2009</td><td>2008</td></tr><tr><td>2</td><td>balance as of january 1,</td><td>$ 28520</td><td>$ 11482</td><td>$ 8850</td></tr><tr><td>3</td><td>current year increases</td><td>16219</td><td>26771</td><td>12059</td></tr><tr><td>4</td><td>recoveries and other</td><td>-22234 ( 22234 )</td><td>-9733 ( 9733 )</td><td>-9427 ( 9427 )</td></tr><tr><td>5</td><td>balance as of december 31,</td><td>$ 22505</td><td>$ 28520</td><td>$ 11482</td></tr></table> the company 2019s largest international customer is iusacell , which is the brand name under which a group of companies controlled by grupo iusacell , s.a . de c.v . ( 201cgrupo iusacell 201d ) operates . iusacell represented approximately 4% ( 4 % ) of the company 2019s total revenue for the year ended december 31 , 2010 . grupo iusacell has been engaged in a refinancing of a majority of its u.s . dollar denominated debt , and in connection with this process , two of the legal entities of the group , including grupo iusacell , voluntarily filed for a pre-packaged concurso mercantil ( a process substantially equivalent to chapter 11 of u.s . bankruptcy law ) with the backing of a majority of their financial creditors in december 2010 . as of december 31 , 2010 , iusacell notes receivable , net , and related assets ( which include financing lease commitments and a deferred rent asset that are primarily long-term in nature ) were $ 19.7 million and $ 51.2 million , respectively . functional currency 2014as a result of changes to the organizational structure of the company 2019s subsidiaries in latin america in 2010 , the company determined that effective january 1 , 2010 , the functional currency of its foreign subsidiary in brazil is the brazilian real . from that point forward , all assets and liabilities held by the subsidiary in brazil are translated into u.s . dollars at the exchange rate in effect at the end of the applicable reporting period . revenues and expenses are translated at the average monthly exchange rates and the cumulative translation effect is included in stockholders 2019 equity . the change in functional currency from u.s . dollars to brazilian real gave rise to an increase in the net value of certain non-monetary assets and liabilities . the aggregate impact on such assets and liabilities was $ 39.8 million with an offsetting increase in accumulated other comprehensive income ( loss ) . as a result of the renegotiation of the company 2019s agreements with its largest international customer , iusacell , which included , among other changes , converting all of iusacell 2019s contractual obligations to the company from u.s . dollars to mexican pesos , the company has determined that effective april 1 , 2010 , the functional currency of certain of its foreign subsidiaries in mexico is the mexican peso . from that point forward , all assets and liabilities held by those subsidiaries in mexico are translated into u.s . dollars at the exchange rate in effect at the end of the applicable reporting period . revenues and expenses are translated at the average monthly exchange rates and the cumulative translation effect is included in stockholders 2019 equity . the change in functional .
Question: what was the value of the allowance balance for the uncollectable accounts at the end of the year?
Answer: 28520.0
Question: what was the value at the start of the year?
| 11482.0 |
CONVFINQA5718 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
american tower corporation and subsidiaries notes to consolidated financial statements recognizing customer revenue , the company must assess the collectability of both the amounts billed and the portion recognized on a straight-line basis . this assessment takes customer credit risk and business and industry conditions into consideration to ultimately determine the collectability of the amounts billed . to the extent the amounts , based on management 2019s estimates , may not be collectible , recognition is deferred until such point as the uncertainty is resolved . any amounts which were previously recognized as revenue and subsequently determined to be uncollectible are charged to bad debt expense . accounts receivable are reported net of allowances for doubtful accounts related to estimated losses resulting from a customer 2019s inability to make required payments and reserves for amounts invoiced whose collectability is not reasonably assured . these allowances are generally estimated based on payment patterns , days past due and collection history , and incorporate changes in economic conditions that may not be reflected in historical trends , such as customers in bankruptcy , liquidation or reorganization . receivables are written-off against the allowances when they are determined uncollectible . such determination includes analysis and consideration of the particular conditions of the account . changes in the allowances were as follows for the years ended december 31 , ( in thousands ) : . <table class='wikitable'><tr><td>1</td><td>-</td><td>2010</td><td>2009</td><td>2008</td></tr><tr><td>2</td><td>balance as of january 1,</td><td>$ 28520</td><td>$ 11482</td><td>$ 8850</td></tr><tr><td>3</td><td>current year increases</td><td>16219</td><td>26771</td><td>12059</td></tr><tr><td>4</td><td>recoveries and other</td><td>-22234 ( 22234 )</td><td>-9733 ( 9733 )</td><td>-9427 ( 9427 )</td></tr><tr><td>5</td><td>balance as of december 31,</td><td>$ 22505</td><td>$ 28520</td><td>$ 11482</td></tr></table> the company 2019s largest international customer is iusacell , which is the brand name under which a group of companies controlled by grupo iusacell , s.a . de c.v . ( 201cgrupo iusacell 201d ) operates . iusacell represented approximately 4% ( 4 % ) of the company 2019s total revenue for the year ended december 31 , 2010 . grupo iusacell has been engaged in a refinancing of a majority of its u.s . dollar denominated debt , and in connection with this process , two of the legal entities of the group , including grupo iusacell , voluntarily filed for a pre-packaged concurso mercantil ( a process substantially equivalent to chapter 11 of u.s . bankruptcy law ) with the backing of a majority of their financial creditors in december 2010 . as of december 31 , 2010 , iusacell notes receivable , net , and related assets ( which include financing lease commitments and a deferred rent asset that are primarily long-term in nature ) were $ 19.7 million and $ 51.2 million , respectively . functional currency 2014as a result of changes to the organizational structure of the company 2019s subsidiaries in latin america in 2010 , the company determined that effective january 1 , 2010 , the functional currency of its foreign subsidiary in brazil is the brazilian real . from that point forward , all assets and liabilities held by the subsidiary in brazil are translated into u.s . dollars at the exchange rate in effect at the end of the applicable reporting period . revenues and expenses are translated at the average monthly exchange rates and the cumulative translation effect is included in stockholders 2019 equity . the change in functional currency from u.s . dollars to brazilian real gave rise to an increase in the net value of certain non-monetary assets and liabilities . the aggregate impact on such assets and liabilities was $ 39.8 million with an offsetting increase in accumulated other comprehensive income ( loss ) . as a result of the renegotiation of the company 2019s agreements with its largest international customer , iusacell , which included , among other changes , converting all of iusacell 2019s contractual obligations to the company from u.s . dollars to mexican pesos , the company has determined that effective april 1 , 2010 , the functional currency of certain of its foreign subsidiaries in mexico is the mexican peso . from that point forward , all assets and liabilities held by those subsidiaries in mexico are translated into u.s . dollars at the exchange rate in effect at the end of the applicable reporting period . revenues and expenses are translated at the average monthly exchange rates and the cumulative translation effect is included in stockholders 2019 equity . the change in functional .
Question: what was the value of the allowance balance for the uncollectable accounts at the end of the year?
Answer: 28520.0
Question: what was the value at the start of the year?
Answer: 11482.0
Question: what was the net change?
| 17038.0 |
CONVFINQA5719 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
american tower corporation and subsidiaries notes to consolidated financial statements recognizing customer revenue , the company must assess the collectability of both the amounts billed and the portion recognized on a straight-line basis . this assessment takes customer credit risk and business and industry conditions into consideration to ultimately determine the collectability of the amounts billed . to the extent the amounts , based on management 2019s estimates , may not be collectible , recognition is deferred until such point as the uncertainty is resolved . any amounts which were previously recognized as revenue and subsequently determined to be uncollectible are charged to bad debt expense . accounts receivable are reported net of allowances for doubtful accounts related to estimated losses resulting from a customer 2019s inability to make required payments and reserves for amounts invoiced whose collectability is not reasonably assured . these allowances are generally estimated based on payment patterns , days past due and collection history , and incorporate changes in economic conditions that may not be reflected in historical trends , such as customers in bankruptcy , liquidation or reorganization . receivables are written-off against the allowances when they are determined uncollectible . such determination includes analysis and consideration of the particular conditions of the account . changes in the allowances were as follows for the years ended december 31 , ( in thousands ) : . <table class='wikitable'><tr><td>1</td><td>-</td><td>2010</td><td>2009</td><td>2008</td></tr><tr><td>2</td><td>balance as of january 1,</td><td>$ 28520</td><td>$ 11482</td><td>$ 8850</td></tr><tr><td>3</td><td>current year increases</td><td>16219</td><td>26771</td><td>12059</td></tr><tr><td>4</td><td>recoveries and other</td><td>-22234 ( 22234 )</td><td>-9733 ( 9733 )</td><td>-9427 ( 9427 )</td></tr><tr><td>5</td><td>balance as of december 31,</td><td>$ 22505</td><td>$ 28520</td><td>$ 11482</td></tr></table> the company 2019s largest international customer is iusacell , which is the brand name under which a group of companies controlled by grupo iusacell , s.a . de c.v . ( 201cgrupo iusacell 201d ) operates . iusacell represented approximately 4% ( 4 % ) of the company 2019s total revenue for the year ended december 31 , 2010 . grupo iusacell has been engaged in a refinancing of a majority of its u.s . dollar denominated debt , and in connection with this process , two of the legal entities of the group , including grupo iusacell , voluntarily filed for a pre-packaged concurso mercantil ( a process substantially equivalent to chapter 11 of u.s . bankruptcy law ) with the backing of a majority of their financial creditors in december 2010 . as of december 31 , 2010 , iusacell notes receivable , net , and related assets ( which include financing lease commitments and a deferred rent asset that are primarily long-term in nature ) were $ 19.7 million and $ 51.2 million , respectively . functional currency 2014as a result of changes to the organizational structure of the company 2019s subsidiaries in latin america in 2010 , the company determined that effective january 1 , 2010 , the functional currency of its foreign subsidiary in brazil is the brazilian real . from that point forward , all assets and liabilities held by the subsidiary in brazil are translated into u.s . dollars at the exchange rate in effect at the end of the applicable reporting period . revenues and expenses are translated at the average monthly exchange rates and the cumulative translation effect is included in stockholders 2019 equity . the change in functional currency from u.s . dollars to brazilian real gave rise to an increase in the net value of certain non-monetary assets and liabilities . the aggregate impact on such assets and liabilities was $ 39.8 million with an offsetting increase in accumulated other comprehensive income ( loss ) . as a result of the renegotiation of the company 2019s agreements with its largest international customer , iusacell , which included , among other changes , converting all of iusacell 2019s contractual obligations to the company from u.s . dollars to mexican pesos , the company has determined that effective april 1 , 2010 , the functional currency of certain of its foreign subsidiaries in mexico is the mexican peso . from that point forward , all assets and liabilities held by those subsidiaries in mexico are translated into u.s . dollars at the exchange rate in effect at the end of the applicable reporting period . revenues and expenses are translated at the average monthly exchange rates and the cumulative translation effect is included in stockholders 2019 equity . the change in functional .
Question: what was the value of the allowance balance for the uncollectable accounts at the end of the year?
Answer: 28520.0
Question: what was the value at the start of the year?
Answer: 11482.0
Question: what was the net change?
Answer: 17038.0
Question: what is the percent change?
| 1.48389 |
CONVFINQA5720 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
baker hughes , a ge company notes to consolidated and combined financial statements bhge 2017 form 10-k | 85 the total intrinsic value of rsus ( defined as the value of the shares awarded at the current market price ) vested and outstanding in 2017 was $ 17 million and $ 38 million , respectively . the total fair value of rsus vested in 2017 was $ 19 million . as of december 31 , 2017 , there was $ 98 million of total unrecognized compensation cost related to unvested rsus , which is expected to be recognized over a weighted average period of 2.5 years . note 12 . equity common stock we are authorized to issue 2 billion shares of class a common stock , 1.25 billion shares of class b common stock and 50 million shares of preferred stock each of which have a par value of $ 0.0001 per share . on july 3 , 2017 , each share of baker hughes common stock was converted into one share of class a common stock in the company . the number of class a common stock and class b common stock shares outstanding at december 31 , 2017 is 422 million and 707 million , respectively . we have not issued any preferred stock . ge owns all the issued and outstanding class b common stock . each share of class a and class b common stock and the associated membership interest in bhge llc form a paired interest . while each share of class b common stock has equal voting rights to a share of class a common stock , it has no economic rights , meaning holders of class b common stock have no right to dividends and any assets in the event of liquidation of the company . former baker hughes stockholders immediately after the completion of the transactions received a special one-time cash dividend of $ 17.50 per share paid by the company to holders of record of the company's class a common stock . in addition , during 2017 the company declared and paid regular dividends of $ 0.17 per share and $ 0.18 per share to holders of record of the company's class a common stock during the quarters ended september 30 , 2017 and december 31 , 2017 , respectively . the following table presents the changes in number of shares outstanding ( in thousands ) : class a common class b common . <table class='wikitable'><tr><td>1</td><td>-</td><td>class a common stock</td><td>class b common stock</td></tr><tr><td>2</td><td>balance at december 31 2016</td><td>2014</td><td>2014</td></tr><tr><td>3</td><td>issue of shares on business combination at july 3 2017</td><td>427709</td><td>717111</td></tr><tr><td>4</td><td>issue of shares upon vesting of restricted stock units ( 1 )</td><td>290</td><td>2014</td></tr><tr><td>5</td><td>issue of shares on exercises of stock options ( 1 )</td><td>256</td><td>2014</td></tr><tr><td>6</td><td>stock repurchase program ( 2 ) ( 3 )</td><td>-6047 ( 6047 )</td><td>-10126 ( 10126 )</td></tr><tr><td>7</td><td>balance at december 31 2017</td><td>422208</td><td>706985</td></tr></table> ( 1 ) share amounts reflected above are net of shares withheld to satisfy the employee's tax withholding obligation . ( 2 ) on november 2 , 2017 , our board of directors authorized bhge llc to repurchase up to $ 3 billion of its common units from the company and ge . the proceeds of this repurchase are to be used by bhge to repurchase class a common stock of the company on the open market , which if fully implemented would result in the repurchase of approximately $ 1.1 billion of class a common stock . the class b common stock of the company , that is paired with repurchased common units , was repurchased by the company at par value . the $ 3 billion repurchase authorization is the aggregate authorization for repurchases of class a and class b common stock together with its paired unit . bhge llc had authorization remaining to repurchase up to approximately $ 2.5 billion of its common units from bhge and ge at december 31 , 2017 . ( 3 ) during 2017 , we repurchased and canceled 6046735 shares of class a common stock for a total of $ 187 million . we also repurchased and canceled 10126467 shares of class b common stock from ge which is paired together with common units of bhge llc for $ 314 million. .
Question: how many billion shares of class a common stock are authorized?
| 2.0 |
CONVFINQA5721 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
baker hughes , a ge company notes to consolidated and combined financial statements bhge 2017 form 10-k | 85 the total intrinsic value of rsus ( defined as the value of the shares awarded at the current market price ) vested and outstanding in 2017 was $ 17 million and $ 38 million , respectively . the total fair value of rsus vested in 2017 was $ 19 million . as of december 31 , 2017 , there was $ 98 million of total unrecognized compensation cost related to unvested rsus , which is expected to be recognized over a weighted average period of 2.5 years . note 12 . equity common stock we are authorized to issue 2 billion shares of class a common stock , 1.25 billion shares of class b common stock and 50 million shares of preferred stock each of which have a par value of $ 0.0001 per share . on july 3 , 2017 , each share of baker hughes common stock was converted into one share of class a common stock in the company . the number of class a common stock and class b common stock shares outstanding at december 31 , 2017 is 422 million and 707 million , respectively . we have not issued any preferred stock . ge owns all the issued and outstanding class b common stock . each share of class a and class b common stock and the associated membership interest in bhge llc form a paired interest . while each share of class b common stock has equal voting rights to a share of class a common stock , it has no economic rights , meaning holders of class b common stock have no right to dividends and any assets in the event of liquidation of the company . former baker hughes stockholders immediately after the completion of the transactions received a special one-time cash dividend of $ 17.50 per share paid by the company to holders of record of the company's class a common stock . in addition , during 2017 the company declared and paid regular dividends of $ 0.17 per share and $ 0.18 per share to holders of record of the company's class a common stock during the quarters ended september 30 , 2017 and december 31 , 2017 , respectively . the following table presents the changes in number of shares outstanding ( in thousands ) : class a common class b common . <table class='wikitable'><tr><td>1</td><td>-</td><td>class a common stock</td><td>class b common stock</td></tr><tr><td>2</td><td>balance at december 31 2016</td><td>2014</td><td>2014</td></tr><tr><td>3</td><td>issue of shares on business combination at july 3 2017</td><td>427709</td><td>717111</td></tr><tr><td>4</td><td>issue of shares upon vesting of restricted stock units ( 1 )</td><td>290</td><td>2014</td></tr><tr><td>5</td><td>issue of shares on exercises of stock options ( 1 )</td><td>256</td><td>2014</td></tr><tr><td>6</td><td>stock repurchase program ( 2 ) ( 3 )</td><td>-6047 ( 6047 )</td><td>-10126 ( 10126 )</td></tr><tr><td>7</td><td>balance at december 31 2017</td><td>422208</td><td>706985</td></tr></table> ( 1 ) share amounts reflected above are net of shares withheld to satisfy the employee's tax withholding obligation . ( 2 ) on november 2 , 2017 , our board of directors authorized bhge llc to repurchase up to $ 3 billion of its common units from the company and ge . the proceeds of this repurchase are to be used by bhge to repurchase class a common stock of the company on the open market , which if fully implemented would result in the repurchase of approximately $ 1.1 billion of class a common stock . the class b common stock of the company , that is paired with repurchased common units , was repurchased by the company at par value . the $ 3 billion repurchase authorization is the aggregate authorization for repurchases of class a and class b common stock together with its paired unit . bhge llc had authorization remaining to repurchase up to approximately $ 2.5 billion of its common units from bhge and ge at december 31 , 2017 . ( 3 ) during 2017 , we repurchased and canceled 6046735 shares of class a common stock for a total of $ 187 million . we also repurchased and canceled 10126467 shares of class b common stock from ge which is paired together with common units of bhge llc for $ 314 million. .
Question: how many billion shares of class a common stock are authorized?
Answer: 2.0
Question: what is that times 1000?
| 2000.0 |
CONVFINQA5722 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
baker hughes , a ge company notes to consolidated and combined financial statements bhge 2017 form 10-k | 85 the total intrinsic value of rsus ( defined as the value of the shares awarded at the current market price ) vested and outstanding in 2017 was $ 17 million and $ 38 million , respectively . the total fair value of rsus vested in 2017 was $ 19 million . as of december 31 , 2017 , there was $ 98 million of total unrecognized compensation cost related to unvested rsus , which is expected to be recognized over a weighted average period of 2.5 years . note 12 . equity common stock we are authorized to issue 2 billion shares of class a common stock , 1.25 billion shares of class b common stock and 50 million shares of preferred stock each of which have a par value of $ 0.0001 per share . on july 3 , 2017 , each share of baker hughes common stock was converted into one share of class a common stock in the company . the number of class a common stock and class b common stock shares outstanding at december 31 , 2017 is 422 million and 707 million , respectively . we have not issued any preferred stock . ge owns all the issued and outstanding class b common stock . each share of class a and class b common stock and the associated membership interest in bhge llc form a paired interest . while each share of class b common stock has equal voting rights to a share of class a common stock , it has no economic rights , meaning holders of class b common stock have no right to dividends and any assets in the event of liquidation of the company . former baker hughes stockholders immediately after the completion of the transactions received a special one-time cash dividend of $ 17.50 per share paid by the company to holders of record of the company's class a common stock . in addition , during 2017 the company declared and paid regular dividends of $ 0.17 per share and $ 0.18 per share to holders of record of the company's class a common stock during the quarters ended september 30 , 2017 and december 31 , 2017 , respectively . the following table presents the changes in number of shares outstanding ( in thousands ) : class a common class b common . <table class='wikitable'><tr><td>1</td><td>-</td><td>class a common stock</td><td>class b common stock</td></tr><tr><td>2</td><td>balance at december 31 2016</td><td>2014</td><td>2014</td></tr><tr><td>3</td><td>issue of shares on business combination at july 3 2017</td><td>427709</td><td>717111</td></tr><tr><td>4</td><td>issue of shares upon vesting of restricted stock units ( 1 )</td><td>290</td><td>2014</td></tr><tr><td>5</td><td>issue of shares on exercises of stock options ( 1 )</td><td>256</td><td>2014</td></tr><tr><td>6</td><td>stock repurchase program ( 2 ) ( 3 )</td><td>-6047 ( 6047 )</td><td>-10126 ( 10126 )</td></tr><tr><td>7</td><td>balance at december 31 2017</td><td>422208</td><td>706985</td></tr></table> ( 1 ) share amounts reflected above are net of shares withheld to satisfy the employee's tax withholding obligation . ( 2 ) on november 2 , 2017 , our board of directors authorized bhge llc to repurchase up to $ 3 billion of its common units from the company and ge . the proceeds of this repurchase are to be used by bhge to repurchase class a common stock of the company on the open market , which if fully implemented would result in the repurchase of approximately $ 1.1 billion of class a common stock . the class b common stock of the company , that is paired with repurchased common units , was repurchased by the company at par value . the $ 3 billion repurchase authorization is the aggregate authorization for repurchases of class a and class b common stock together with its paired unit . bhge llc had authorization remaining to repurchase up to approximately $ 2.5 billion of its common units from bhge and ge at december 31 , 2017 . ( 3 ) during 2017 , we repurchased and canceled 6046735 shares of class a common stock for a total of $ 187 million . we also repurchased and canceled 10126467 shares of class b common stock from ge which is paired together with common units of bhge llc for $ 314 million. .
Question: how many billion shares of class a common stock are authorized?
Answer: 2.0
Question: what is that times 1000?
Answer: 2000.0
Question: how many shares were outstanding in 2017?
| 422.0 |
CONVFINQA5723 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
baker hughes , a ge company notes to consolidated and combined financial statements bhge 2017 form 10-k | 85 the total intrinsic value of rsus ( defined as the value of the shares awarded at the current market price ) vested and outstanding in 2017 was $ 17 million and $ 38 million , respectively . the total fair value of rsus vested in 2017 was $ 19 million . as of december 31 , 2017 , there was $ 98 million of total unrecognized compensation cost related to unvested rsus , which is expected to be recognized over a weighted average period of 2.5 years . note 12 . equity common stock we are authorized to issue 2 billion shares of class a common stock , 1.25 billion shares of class b common stock and 50 million shares of preferred stock each of which have a par value of $ 0.0001 per share . on july 3 , 2017 , each share of baker hughes common stock was converted into one share of class a common stock in the company . the number of class a common stock and class b common stock shares outstanding at december 31 , 2017 is 422 million and 707 million , respectively . we have not issued any preferred stock . ge owns all the issued and outstanding class b common stock . each share of class a and class b common stock and the associated membership interest in bhge llc form a paired interest . while each share of class b common stock has equal voting rights to a share of class a common stock , it has no economic rights , meaning holders of class b common stock have no right to dividends and any assets in the event of liquidation of the company . former baker hughes stockholders immediately after the completion of the transactions received a special one-time cash dividend of $ 17.50 per share paid by the company to holders of record of the company's class a common stock . in addition , during 2017 the company declared and paid regular dividends of $ 0.17 per share and $ 0.18 per share to holders of record of the company's class a common stock during the quarters ended september 30 , 2017 and december 31 , 2017 , respectively . the following table presents the changes in number of shares outstanding ( in thousands ) : class a common class b common . <table class='wikitable'><tr><td>1</td><td>-</td><td>class a common stock</td><td>class b common stock</td></tr><tr><td>2</td><td>balance at december 31 2016</td><td>2014</td><td>2014</td></tr><tr><td>3</td><td>issue of shares on business combination at july 3 2017</td><td>427709</td><td>717111</td></tr><tr><td>4</td><td>issue of shares upon vesting of restricted stock units ( 1 )</td><td>290</td><td>2014</td></tr><tr><td>5</td><td>issue of shares on exercises of stock options ( 1 )</td><td>256</td><td>2014</td></tr><tr><td>6</td><td>stock repurchase program ( 2 ) ( 3 )</td><td>-6047 ( 6047 )</td><td>-10126 ( 10126 )</td></tr><tr><td>7</td><td>balance at december 31 2017</td><td>422208</td><td>706985</td></tr></table> ( 1 ) share amounts reflected above are net of shares withheld to satisfy the employee's tax withholding obligation . ( 2 ) on november 2 , 2017 , our board of directors authorized bhge llc to repurchase up to $ 3 billion of its common units from the company and ge . the proceeds of this repurchase are to be used by bhge to repurchase class a common stock of the company on the open market , which if fully implemented would result in the repurchase of approximately $ 1.1 billion of class a common stock . the class b common stock of the company , that is paired with repurchased common units , was repurchased by the company at par value . the $ 3 billion repurchase authorization is the aggregate authorization for repurchases of class a and class b common stock together with its paired unit . bhge llc had authorization remaining to repurchase up to approximately $ 2.5 billion of its common units from bhge and ge at december 31 , 2017 . ( 3 ) during 2017 , we repurchased and canceled 6046735 shares of class a common stock for a total of $ 187 million . we also repurchased and canceled 10126467 shares of class b common stock from ge which is paired together with common units of bhge llc for $ 314 million. .
Question: how many billion shares of class a common stock are authorized?
Answer: 2.0
Question: what is that times 1000?
Answer: 2000.0
Question: how many shares were outstanding in 2017?
Answer: 422.0
Question: what is that dived by the shares by 1000?
| 0.211 |
CONVFINQA5724 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
proceeds from the sale of equity securities . from time to time , we raise funds through public offerings of our equity securities . in addition , we receive proceeds from sales of our equity securities pursuant to our stock option and stock purchase plans . for the year ended december 31 , 2004 , we received approximately $ 40.6 million in proceeds from sales of shares of our class a common stock and the common stock of atc mexico pursuant to our stock option and stock purchase plans . financing activities during the year ended december 31 , 2004 , we took several actions to increase our financial flexibility and reduce our interest costs . new credit facility . in may 2004 , we refinanced our previous credit facility with a new $ 1.1 billion senior secured credit facility . at closing , we received $ 685.5 million of net proceeds from the borrowings under the new facility , after deducting related expenses and fees , approximately $ 670.0 million of which we used to repay principal and interest under the previous credit facility . we used the remaining net proceeds of $ 15.5 million for general corporate purposes , including the repurchase of other outstanding debt securities . the new credit facility consists of the following : 2022 $ 400.0 million in undrawn revolving loan commitments , against which approximately $ 19.3 million of undrawn letters of credit were outstanding at december 31 , 2004 , maturing on february 28 , 2011 ; 2022 a $ 300.0 million term loan a , which is fully drawn , maturing on february 28 , 2011 ; and 2022 a $ 398.0 million term loan b , which is fully drawn , maturing on august 31 , 2011 . the new credit facility extends the previous credit facility maturity dates from 2007 to 2011 for a majority of the borrowings outstanding , subject to earlier maturity upon the occurrence of certain events described below , and allows us to use credit facility borrowings and internally generated funds to repurchase other indebtedness without additional lender approval . the new credit facility is guaranteed by us and is secured by a pledge of substantially all of our assets . the maturity date for term loan a and any outstanding revolving loans will be accelerated to august 15 , 2008 , and the maturity date for term loan b will be accelerated to october 31 , 2008 , if ( 1 ) on or prior to august 1 , 2008 , our 93 20448% ( 20448 % ) senior notes have not been ( a ) refinanced with parent company indebtedness having a maturity date of february 28 , 2012 or later or with loans under the new credit facility , or ( b ) repaid , prepaid , redeemed , repurchased or otherwise retired , and ( 2 ) our consolidated leverage ratio ( total parent company debt to annualized operating cash flow ) at june 30 , 2008 is greater than 4.50 to 1.00 . if this were to occur , the payments due in 2008 for term loan a and term loan b would be $ 225.0 million and $ 386.0 million , respectively . note offerings . during 2004 , we raised approximately $ 1.1 billion in net proceeds from the sale of debt securities through institutional private placements as follows ( in millions ) : debt security date of offering principal amount approximate net proceeds . <table class='wikitable'><tr><td>1</td><td>debt security</td><td>date of offering</td><td>principal amount</td><td>approximate net proceeds</td></tr><tr><td>2</td><td>7.50% ( 7.50 % ) senior notes due 2012</td><td>february 2004</td><td>$ 225.0</td><td>$ 221.7</td></tr><tr><td>3</td><td>3.00% ( 3.00 % ) convertible notes due august 15 2012</td><td>august 2004</td><td>345.0</td><td>335.9</td></tr><tr><td>4</td><td>7.125% ( 7.125 % ) senior notes due 2012</td><td>october 2004</td><td>300.0</td><td>292.8</td></tr><tr><td>5</td><td>7.125% ( 7.125 % ) senior notes due 2012</td><td>december 2004</td><td>200.0</td><td>199.8</td></tr><tr><td>6</td><td>total</td><td>-</td><td>$ 1070.0</td><td>$ 1050.2</td></tr></table> 2022 7.50% ( 7.50 % ) senior notes offering . in february 2004 , we sold $ 225.0 million principal amount of our 7.50% ( 7.50 % ) senior notes due 2012 through an institutional private placement . the 7.50% ( 7.50 % ) senior notes mature on may 1 , 2012 , and interest is payable semiannually in arrears on may 1 and november 1 of each year. .
Question: what was the principal amount of the 7.5% senior notes issued february 2004?
| 225.0 |
CONVFINQA5725 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
proceeds from the sale of equity securities . from time to time , we raise funds through public offerings of our equity securities . in addition , we receive proceeds from sales of our equity securities pursuant to our stock option and stock purchase plans . for the year ended december 31 , 2004 , we received approximately $ 40.6 million in proceeds from sales of shares of our class a common stock and the common stock of atc mexico pursuant to our stock option and stock purchase plans . financing activities during the year ended december 31 , 2004 , we took several actions to increase our financial flexibility and reduce our interest costs . new credit facility . in may 2004 , we refinanced our previous credit facility with a new $ 1.1 billion senior secured credit facility . at closing , we received $ 685.5 million of net proceeds from the borrowings under the new facility , after deducting related expenses and fees , approximately $ 670.0 million of which we used to repay principal and interest under the previous credit facility . we used the remaining net proceeds of $ 15.5 million for general corporate purposes , including the repurchase of other outstanding debt securities . the new credit facility consists of the following : 2022 $ 400.0 million in undrawn revolving loan commitments , against which approximately $ 19.3 million of undrawn letters of credit were outstanding at december 31 , 2004 , maturing on february 28 , 2011 ; 2022 a $ 300.0 million term loan a , which is fully drawn , maturing on february 28 , 2011 ; and 2022 a $ 398.0 million term loan b , which is fully drawn , maturing on august 31 , 2011 . the new credit facility extends the previous credit facility maturity dates from 2007 to 2011 for a majority of the borrowings outstanding , subject to earlier maturity upon the occurrence of certain events described below , and allows us to use credit facility borrowings and internally generated funds to repurchase other indebtedness without additional lender approval . the new credit facility is guaranteed by us and is secured by a pledge of substantially all of our assets . the maturity date for term loan a and any outstanding revolving loans will be accelerated to august 15 , 2008 , and the maturity date for term loan b will be accelerated to october 31 , 2008 , if ( 1 ) on or prior to august 1 , 2008 , our 93 20448% ( 20448 % ) senior notes have not been ( a ) refinanced with parent company indebtedness having a maturity date of february 28 , 2012 or later or with loans under the new credit facility , or ( b ) repaid , prepaid , redeemed , repurchased or otherwise retired , and ( 2 ) our consolidated leverage ratio ( total parent company debt to annualized operating cash flow ) at june 30 , 2008 is greater than 4.50 to 1.00 . if this were to occur , the payments due in 2008 for term loan a and term loan b would be $ 225.0 million and $ 386.0 million , respectively . note offerings . during 2004 , we raised approximately $ 1.1 billion in net proceeds from the sale of debt securities through institutional private placements as follows ( in millions ) : debt security date of offering principal amount approximate net proceeds . <table class='wikitable'><tr><td>1</td><td>debt security</td><td>date of offering</td><td>principal amount</td><td>approximate net proceeds</td></tr><tr><td>2</td><td>7.50% ( 7.50 % ) senior notes due 2012</td><td>february 2004</td><td>$ 225.0</td><td>$ 221.7</td></tr><tr><td>3</td><td>3.00% ( 3.00 % ) convertible notes due august 15 2012</td><td>august 2004</td><td>345.0</td><td>335.9</td></tr><tr><td>4</td><td>7.125% ( 7.125 % ) senior notes due 2012</td><td>october 2004</td><td>300.0</td><td>292.8</td></tr><tr><td>5</td><td>7.125% ( 7.125 % ) senior notes due 2012</td><td>december 2004</td><td>200.0</td><td>199.8</td></tr><tr><td>6</td><td>total</td><td>-</td><td>$ 1070.0</td><td>$ 1050.2</td></tr></table> 2022 7.50% ( 7.50 % ) senior notes offering . in february 2004 , we sold $ 225.0 million principal amount of our 7.50% ( 7.50 % ) senior notes due 2012 through an institutional private placement . the 7.50% ( 7.50 % ) senior notes mature on may 1 , 2012 , and interest is payable semiannually in arrears on may 1 and november 1 of each year. .
Question: what was the principal amount of the 7.5% senior notes issued february 2004?
Answer: 225.0
Question: what were the approximate net proceeds from that note?
| 221.7 |
CONVFINQA5726 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
proceeds from the sale of equity securities . from time to time , we raise funds through public offerings of our equity securities . in addition , we receive proceeds from sales of our equity securities pursuant to our stock option and stock purchase plans . for the year ended december 31 , 2004 , we received approximately $ 40.6 million in proceeds from sales of shares of our class a common stock and the common stock of atc mexico pursuant to our stock option and stock purchase plans . financing activities during the year ended december 31 , 2004 , we took several actions to increase our financial flexibility and reduce our interest costs . new credit facility . in may 2004 , we refinanced our previous credit facility with a new $ 1.1 billion senior secured credit facility . at closing , we received $ 685.5 million of net proceeds from the borrowings under the new facility , after deducting related expenses and fees , approximately $ 670.0 million of which we used to repay principal and interest under the previous credit facility . we used the remaining net proceeds of $ 15.5 million for general corporate purposes , including the repurchase of other outstanding debt securities . the new credit facility consists of the following : 2022 $ 400.0 million in undrawn revolving loan commitments , against which approximately $ 19.3 million of undrawn letters of credit were outstanding at december 31 , 2004 , maturing on february 28 , 2011 ; 2022 a $ 300.0 million term loan a , which is fully drawn , maturing on february 28 , 2011 ; and 2022 a $ 398.0 million term loan b , which is fully drawn , maturing on august 31 , 2011 . the new credit facility extends the previous credit facility maturity dates from 2007 to 2011 for a majority of the borrowings outstanding , subject to earlier maturity upon the occurrence of certain events described below , and allows us to use credit facility borrowings and internally generated funds to repurchase other indebtedness without additional lender approval . the new credit facility is guaranteed by us and is secured by a pledge of substantially all of our assets . the maturity date for term loan a and any outstanding revolving loans will be accelerated to august 15 , 2008 , and the maturity date for term loan b will be accelerated to october 31 , 2008 , if ( 1 ) on or prior to august 1 , 2008 , our 93 20448% ( 20448 % ) senior notes have not been ( a ) refinanced with parent company indebtedness having a maturity date of february 28 , 2012 or later or with loans under the new credit facility , or ( b ) repaid , prepaid , redeemed , repurchased or otherwise retired , and ( 2 ) our consolidated leverage ratio ( total parent company debt to annualized operating cash flow ) at june 30 , 2008 is greater than 4.50 to 1.00 . if this were to occur , the payments due in 2008 for term loan a and term loan b would be $ 225.0 million and $ 386.0 million , respectively . note offerings . during 2004 , we raised approximately $ 1.1 billion in net proceeds from the sale of debt securities through institutional private placements as follows ( in millions ) : debt security date of offering principal amount approximate net proceeds . <table class='wikitable'><tr><td>1</td><td>debt security</td><td>date of offering</td><td>principal amount</td><td>approximate net proceeds</td></tr><tr><td>2</td><td>7.50% ( 7.50 % ) senior notes due 2012</td><td>february 2004</td><td>$ 225.0</td><td>$ 221.7</td></tr><tr><td>3</td><td>3.00% ( 3.00 % ) convertible notes due august 15 2012</td><td>august 2004</td><td>345.0</td><td>335.9</td></tr><tr><td>4</td><td>7.125% ( 7.125 % ) senior notes due 2012</td><td>october 2004</td><td>300.0</td><td>292.8</td></tr><tr><td>5</td><td>7.125% ( 7.125 % ) senior notes due 2012</td><td>december 2004</td><td>200.0</td><td>199.8</td></tr><tr><td>6</td><td>total</td><td>-</td><td>$ 1070.0</td><td>$ 1050.2</td></tr></table> 2022 7.50% ( 7.50 % ) senior notes offering . in february 2004 , we sold $ 225.0 million principal amount of our 7.50% ( 7.50 % ) senior notes due 2012 through an institutional private placement . the 7.50% ( 7.50 % ) senior notes mature on may 1 , 2012 , and interest is payable semiannually in arrears on may 1 and november 1 of each year. .
Question: what was the principal amount of the 7.5% senior notes issued february 2004?
Answer: 225.0
Question: what were the approximate net proceeds from that note?
Answer: 221.7
Question: what is the difference in values?
| 3.3 |
CONVFINQA5727 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
proceeds from the sale of equity securities . from time to time , we raise funds through public offerings of our equity securities . in addition , we receive proceeds from sales of our equity securities pursuant to our stock option and stock purchase plans . for the year ended december 31 , 2004 , we received approximately $ 40.6 million in proceeds from sales of shares of our class a common stock and the common stock of atc mexico pursuant to our stock option and stock purchase plans . financing activities during the year ended december 31 , 2004 , we took several actions to increase our financial flexibility and reduce our interest costs . new credit facility . in may 2004 , we refinanced our previous credit facility with a new $ 1.1 billion senior secured credit facility . at closing , we received $ 685.5 million of net proceeds from the borrowings under the new facility , after deducting related expenses and fees , approximately $ 670.0 million of which we used to repay principal and interest under the previous credit facility . we used the remaining net proceeds of $ 15.5 million for general corporate purposes , including the repurchase of other outstanding debt securities . the new credit facility consists of the following : 2022 $ 400.0 million in undrawn revolving loan commitments , against which approximately $ 19.3 million of undrawn letters of credit were outstanding at december 31 , 2004 , maturing on february 28 , 2011 ; 2022 a $ 300.0 million term loan a , which is fully drawn , maturing on february 28 , 2011 ; and 2022 a $ 398.0 million term loan b , which is fully drawn , maturing on august 31 , 2011 . the new credit facility extends the previous credit facility maturity dates from 2007 to 2011 for a majority of the borrowings outstanding , subject to earlier maturity upon the occurrence of certain events described below , and allows us to use credit facility borrowings and internally generated funds to repurchase other indebtedness without additional lender approval . the new credit facility is guaranteed by us and is secured by a pledge of substantially all of our assets . the maturity date for term loan a and any outstanding revolving loans will be accelerated to august 15 , 2008 , and the maturity date for term loan b will be accelerated to october 31 , 2008 , if ( 1 ) on or prior to august 1 , 2008 , our 93 20448% ( 20448 % ) senior notes have not been ( a ) refinanced with parent company indebtedness having a maturity date of february 28 , 2012 or later or with loans under the new credit facility , or ( b ) repaid , prepaid , redeemed , repurchased or otherwise retired , and ( 2 ) our consolidated leverage ratio ( total parent company debt to annualized operating cash flow ) at june 30 , 2008 is greater than 4.50 to 1.00 . if this were to occur , the payments due in 2008 for term loan a and term loan b would be $ 225.0 million and $ 386.0 million , respectively . note offerings . during 2004 , we raised approximately $ 1.1 billion in net proceeds from the sale of debt securities through institutional private placements as follows ( in millions ) : debt security date of offering principal amount approximate net proceeds . <table class='wikitable'><tr><td>1</td><td>debt security</td><td>date of offering</td><td>principal amount</td><td>approximate net proceeds</td></tr><tr><td>2</td><td>7.50% ( 7.50 % ) senior notes due 2012</td><td>february 2004</td><td>$ 225.0</td><td>$ 221.7</td></tr><tr><td>3</td><td>3.00% ( 3.00 % ) convertible notes due august 15 2012</td><td>august 2004</td><td>345.0</td><td>335.9</td></tr><tr><td>4</td><td>7.125% ( 7.125 % ) senior notes due 2012</td><td>october 2004</td><td>300.0</td><td>292.8</td></tr><tr><td>5</td><td>7.125% ( 7.125 % ) senior notes due 2012</td><td>december 2004</td><td>200.0</td><td>199.8</td></tr><tr><td>6</td><td>total</td><td>-</td><td>$ 1070.0</td><td>$ 1050.2</td></tr></table> 2022 7.50% ( 7.50 % ) senior notes offering . in february 2004 , we sold $ 225.0 million principal amount of our 7.50% ( 7.50 % ) senior notes due 2012 through an institutional private placement . the 7.50% ( 7.50 % ) senior notes mature on may 1 , 2012 , and interest is payable semiannually in arrears on may 1 and november 1 of each year. .
Question: what was the principal amount of the 7.5% senior notes issued february 2004?
Answer: 225.0
Question: what were the approximate net proceeds from that note?
Answer: 221.7
Question: what is the difference in values?
Answer: 3.3
Question: what was the net proceeds?
| 221.7 |
CONVFINQA5728 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
proceeds from the sale of equity securities . from time to time , we raise funds through public offerings of our equity securities . in addition , we receive proceeds from sales of our equity securities pursuant to our stock option and stock purchase plans . for the year ended december 31 , 2004 , we received approximately $ 40.6 million in proceeds from sales of shares of our class a common stock and the common stock of atc mexico pursuant to our stock option and stock purchase plans . financing activities during the year ended december 31 , 2004 , we took several actions to increase our financial flexibility and reduce our interest costs . new credit facility . in may 2004 , we refinanced our previous credit facility with a new $ 1.1 billion senior secured credit facility . at closing , we received $ 685.5 million of net proceeds from the borrowings under the new facility , after deducting related expenses and fees , approximately $ 670.0 million of which we used to repay principal and interest under the previous credit facility . we used the remaining net proceeds of $ 15.5 million for general corporate purposes , including the repurchase of other outstanding debt securities . the new credit facility consists of the following : 2022 $ 400.0 million in undrawn revolving loan commitments , against which approximately $ 19.3 million of undrawn letters of credit were outstanding at december 31 , 2004 , maturing on february 28 , 2011 ; 2022 a $ 300.0 million term loan a , which is fully drawn , maturing on february 28 , 2011 ; and 2022 a $ 398.0 million term loan b , which is fully drawn , maturing on august 31 , 2011 . the new credit facility extends the previous credit facility maturity dates from 2007 to 2011 for a majority of the borrowings outstanding , subject to earlier maturity upon the occurrence of certain events described below , and allows us to use credit facility borrowings and internally generated funds to repurchase other indebtedness without additional lender approval . the new credit facility is guaranteed by us and is secured by a pledge of substantially all of our assets . the maturity date for term loan a and any outstanding revolving loans will be accelerated to august 15 , 2008 , and the maturity date for term loan b will be accelerated to october 31 , 2008 , if ( 1 ) on or prior to august 1 , 2008 , our 93 20448% ( 20448 % ) senior notes have not been ( a ) refinanced with parent company indebtedness having a maturity date of february 28 , 2012 or later or with loans under the new credit facility , or ( b ) repaid , prepaid , redeemed , repurchased or otherwise retired , and ( 2 ) our consolidated leverage ratio ( total parent company debt to annualized operating cash flow ) at june 30 , 2008 is greater than 4.50 to 1.00 . if this were to occur , the payments due in 2008 for term loan a and term loan b would be $ 225.0 million and $ 386.0 million , respectively . note offerings . during 2004 , we raised approximately $ 1.1 billion in net proceeds from the sale of debt securities through institutional private placements as follows ( in millions ) : debt security date of offering principal amount approximate net proceeds . <table class='wikitable'><tr><td>1</td><td>debt security</td><td>date of offering</td><td>principal amount</td><td>approximate net proceeds</td></tr><tr><td>2</td><td>7.50% ( 7.50 % ) senior notes due 2012</td><td>february 2004</td><td>$ 225.0</td><td>$ 221.7</td></tr><tr><td>3</td><td>3.00% ( 3.00 % ) convertible notes due august 15 2012</td><td>august 2004</td><td>345.0</td><td>335.9</td></tr><tr><td>4</td><td>7.125% ( 7.125 % ) senior notes due 2012</td><td>october 2004</td><td>300.0</td><td>292.8</td></tr><tr><td>5</td><td>7.125% ( 7.125 % ) senior notes due 2012</td><td>december 2004</td><td>200.0</td><td>199.8</td></tr><tr><td>6</td><td>total</td><td>-</td><td>$ 1070.0</td><td>$ 1050.2</td></tr></table> 2022 7.50% ( 7.50 % ) senior notes offering . in february 2004 , we sold $ 225.0 million principal amount of our 7.50% ( 7.50 % ) senior notes due 2012 through an institutional private placement . the 7.50% ( 7.50 % ) senior notes mature on may 1 , 2012 , and interest is payable semiannually in arrears on may 1 and november 1 of each year. .
Question: what was the principal amount of the 7.5% senior notes issued february 2004?
Answer: 225.0
Question: what were the approximate net proceeds from that note?
Answer: 221.7
Question: what is the difference in values?
Answer: 3.3
Question: what was the net proceeds?
Answer: 221.7
Question: what is the difference in value divided by the net proceeds?
| 0.01488 |
CONVFINQA5729 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
devon energy corporation and subsidiaries notes to consolidated financial statements 2013 ( continued ) debt maturities as of december 31 , 2013 , excluding premiums and discounts , are as follows ( in millions ) : . <table class='wikitable'><tr><td>1</td><td>2014</td><td>$ 4067</td></tr><tr><td>2</td><td>2015</td><td>2014</td></tr><tr><td>3</td><td>2016</td><td>500</td></tr><tr><td>4</td><td>2017</td><td>750</td></tr><tr><td>5</td><td>2018</td><td>125</td></tr><tr><td>6</td><td>2019 and thereafter</td><td>6600</td></tr><tr><td>7</td><td>total</td><td>$ 12042</td></tr></table> credit lines devon has a $ 3.0 billion syndicated , unsecured revolving line of credit ( the 201csenior credit facility 201d ) that matures on october 24 , 2018 . however , prior to the maturity date , devon has the option to extend the maturity for up to one additional one-year period , subject to the approval of the lenders . amounts borrowed under the senior credit facility may , at the election of devon , bear interest at various fixed rate options for periods of up to twelve months . such rates are generally less than the prime rate . however , devon may elect to borrow at the prime rate . the senior credit facility currently provides for an annual facility fee of $ 3.8 million that is payable quarterly in arrears . as of december 31 , 2013 , there were no borrowings under the senior credit facility . the senior credit facility contains only one material financial covenant . this covenant requires devon 2019s ratio of total funded debt to total capitalization , as defined in the credit agreement , to be no greater than 65 percent . the credit agreement contains definitions of total funded debt and total capitalization that include adjustments to the respective amounts reported in the accompanying financial statements . also , total capitalization is adjusted to add back noncash financial write-downs such as full cost ceiling impairments or goodwill impairments . as of december 31 , 2013 , devon was in compliance with this covenant with a debt-to- capitalization ratio of 25.7 percent . commercial paper devon has access to $ 3.0 billion of short-term credit under its commercial paper program . commercial paper debt generally has a maturity of between 1 and 90 days , although it can have a maturity of up to 365 days , and bears interest at rates agreed to at the time of the borrowing . the interest rate is generally based on a standard index such as the federal funds rate , libor , or the money market rate as found in the commercial paper market . as of december 31 , 2013 , devon 2019s weighted average borrowing rate on its commercial paper borrowings was 0.30 percent . other debentures and notes following are descriptions of the various other debentures and notes outstanding at december 31 , 2013 , as listed in the table presented at the beginning of this note . geosouthern debt in december 2013 , in conjunction with the planned geosouthern acquisition , devon issued $ 2.25 billion aggregate principal amount of fixed and floating rate senior notes resulting in cash proceeds of approximately .
Question: what is the total debt maturities for 2016 and 2017?
| 1250.0 |
CONVFINQA5730 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
devon energy corporation and subsidiaries notes to consolidated financial statements 2013 ( continued ) debt maturities as of december 31 , 2013 , excluding premiums and discounts , are as follows ( in millions ) : . <table class='wikitable'><tr><td>1</td><td>2014</td><td>$ 4067</td></tr><tr><td>2</td><td>2015</td><td>2014</td></tr><tr><td>3</td><td>2016</td><td>500</td></tr><tr><td>4</td><td>2017</td><td>750</td></tr><tr><td>5</td><td>2018</td><td>125</td></tr><tr><td>6</td><td>2019 and thereafter</td><td>6600</td></tr><tr><td>7</td><td>total</td><td>$ 12042</td></tr></table> credit lines devon has a $ 3.0 billion syndicated , unsecured revolving line of credit ( the 201csenior credit facility 201d ) that matures on october 24 , 2018 . however , prior to the maturity date , devon has the option to extend the maturity for up to one additional one-year period , subject to the approval of the lenders . amounts borrowed under the senior credit facility may , at the election of devon , bear interest at various fixed rate options for periods of up to twelve months . such rates are generally less than the prime rate . however , devon may elect to borrow at the prime rate . the senior credit facility currently provides for an annual facility fee of $ 3.8 million that is payable quarterly in arrears . as of december 31 , 2013 , there were no borrowings under the senior credit facility . the senior credit facility contains only one material financial covenant . this covenant requires devon 2019s ratio of total funded debt to total capitalization , as defined in the credit agreement , to be no greater than 65 percent . the credit agreement contains definitions of total funded debt and total capitalization that include adjustments to the respective amounts reported in the accompanying financial statements . also , total capitalization is adjusted to add back noncash financial write-downs such as full cost ceiling impairments or goodwill impairments . as of december 31 , 2013 , devon was in compliance with this covenant with a debt-to- capitalization ratio of 25.7 percent . commercial paper devon has access to $ 3.0 billion of short-term credit under its commercial paper program . commercial paper debt generally has a maturity of between 1 and 90 days , although it can have a maturity of up to 365 days , and bears interest at rates agreed to at the time of the borrowing . the interest rate is generally based on a standard index such as the federal funds rate , libor , or the money market rate as found in the commercial paper market . as of december 31 , 2013 , devon 2019s weighted average borrowing rate on its commercial paper borrowings was 0.30 percent . other debentures and notes following are descriptions of the various other debentures and notes outstanding at december 31 , 2013 , as listed in the table presented at the beginning of this note . geosouthern debt in december 2013 , in conjunction with the planned geosouthern acquisition , devon issued $ 2.25 billion aggregate principal amount of fixed and floating rate senior notes resulting in cash proceeds of approximately .
Question: what is the total debt maturities for 2016 and 2017?
Answer: 1250.0
Question: what is the total debt maturities?
| 12042.0 |
CONVFINQA5731 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
devon energy corporation and subsidiaries notes to consolidated financial statements 2013 ( continued ) debt maturities as of december 31 , 2013 , excluding premiums and discounts , are as follows ( in millions ) : . <table class='wikitable'><tr><td>1</td><td>2014</td><td>$ 4067</td></tr><tr><td>2</td><td>2015</td><td>2014</td></tr><tr><td>3</td><td>2016</td><td>500</td></tr><tr><td>4</td><td>2017</td><td>750</td></tr><tr><td>5</td><td>2018</td><td>125</td></tr><tr><td>6</td><td>2019 and thereafter</td><td>6600</td></tr><tr><td>7</td><td>total</td><td>$ 12042</td></tr></table> credit lines devon has a $ 3.0 billion syndicated , unsecured revolving line of credit ( the 201csenior credit facility 201d ) that matures on october 24 , 2018 . however , prior to the maturity date , devon has the option to extend the maturity for up to one additional one-year period , subject to the approval of the lenders . amounts borrowed under the senior credit facility may , at the election of devon , bear interest at various fixed rate options for periods of up to twelve months . such rates are generally less than the prime rate . however , devon may elect to borrow at the prime rate . the senior credit facility currently provides for an annual facility fee of $ 3.8 million that is payable quarterly in arrears . as of december 31 , 2013 , there were no borrowings under the senior credit facility . the senior credit facility contains only one material financial covenant . this covenant requires devon 2019s ratio of total funded debt to total capitalization , as defined in the credit agreement , to be no greater than 65 percent . the credit agreement contains definitions of total funded debt and total capitalization that include adjustments to the respective amounts reported in the accompanying financial statements . also , total capitalization is adjusted to add back noncash financial write-downs such as full cost ceiling impairments or goodwill impairments . as of december 31 , 2013 , devon was in compliance with this covenant with a debt-to- capitalization ratio of 25.7 percent . commercial paper devon has access to $ 3.0 billion of short-term credit under its commercial paper program . commercial paper debt generally has a maturity of between 1 and 90 days , although it can have a maturity of up to 365 days , and bears interest at rates agreed to at the time of the borrowing . the interest rate is generally based on a standard index such as the federal funds rate , libor , or the money market rate as found in the commercial paper market . as of december 31 , 2013 , devon 2019s weighted average borrowing rate on its commercial paper borrowings was 0.30 percent . other debentures and notes following are descriptions of the various other debentures and notes outstanding at december 31 , 2013 , as listed in the table presented at the beginning of this note . geosouthern debt in december 2013 , in conjunction with the planned geosouthern acquisition , devon issued $ 2.25 billion aggregate principal amount of fixed and floating rate senior notes resulting in cash proceeds of approximately .
Question: what is the total debt maturities for 2016 and 2017?
Answer: 1250.0
Question: what is the total debt maturities?
Answer: 12042.0
Question: what percentage of total debt maturities does debt due in 2016 and 2017 represent?
| 0.1038 |
CONVFINQA5732 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
devon energy corporation and subsidiaries notes to consolidated financial statements 2013 ( continued ) debt maturities as of december 31 , 2013 , excluding premiums and discounts , are as follows ( in millions ) : . <table class='wikitable'><tr><td>1</td><td>2014</td><td>$ 4067</td></tr><tr><td>2</td><td>2015</td><td>2014</td></tr><tr><td>3</td><td>2016</td><td>500</td></tr><tr><td>4</td><td>2017</td><td>750</td></tr><tr><td>5</td><td>2018</td><td>125</td></tr><tr><td>6</td><td>2019 and thereafter</td><td>6600</td></tr><tr><td>7</td><td>total</td><td>$ 12042</td></tr></table> credit lines devon has a $ 3.0 billion syndicated , unsecured revolving line of credit ( the 201csenior credit facility 201d ) that matures on october 24 , 2018 . however , prior to the maturity date , devon has the option to extend the maturity for up to one additional one-year period , subject to the approval of the lenders . amounts borrowed under the senior credit facility may , at the election of devon , bear interest at various fixed rate options for periods of up to twelve months . such rates are generally less than the prime rate . however , devon may elect to borrow at the prime rate . the senior credit facility currently provides for an annual facility fee of $ 3.8 million that is payable quarterly in arrears . as of december 31 , 2013 , there were no borrowings under the senior credit facility . the senior credit facility contains only one material financial covenant . this covenant requires devon 2019s ratio of total funded debt to total capitalization , as defined in the credit agreement , to be no greater than 65 percent . the credit agreement contains definitions of total funded debt and total capitalization that include adjustments to the respective amounts reported in the accompanying financial statements . also , total capitalization is adjusted to add back noncash financial write-downs such as full cost ceiling impairments or goodwill impairments . as of december 31 , 2013 , devon was in compliance with this covenant with a debt-to- capitalization ratio of 25.7 percent . commercial paper devon has access to $ 3.0 billion of short-term credit under its commercial paper program . commercial paper debt generally has a maturity of between 1 and 90 days , although it can have a maturity of up to 365 days , and bears interest at rates agreed to at the time of the borrowing . the interest rate is generally based on a standard index such as the federal funds rate , libor , or the money market rate as found in the commercial paper market . as of december 31 , 2013 , devon 2019s weighted average borrowing rate on its commercial paper borrowings was 0.30 percent . other debentures and notes following are descriptions of the various other debentures and notes outstanding at december 31 , 2013 , as listed in the table presented at the beginning of this note . geosouthern debt in december 2013 , in conjunction with the planned geosouthern acquisition , devon issued $ 2.25 billion aggregate principal amount of fixed and floating rate senior notes resulting in cash proceeds of approximately .
Question: what is the total debt maturities for 2016 and 2017?
Answer: 1250.0
Question: what is the total debt maturities?
Answer: 12042.0
Question: what percentage of total debt maturities does debt due in 2016 and 2017 represent?
Answer: 0.1038
Question: what is the percentage value?
| 10.38034 |
CONVFINQA5733 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
the following table sets forth information concerning increases in the total number of our aap stores during the past five years : beginning stores new stores ( 1 ) stores closed ending stores ( 1 ) does not include stores that opened as relocations of previously existing stores within the same general market area or substantial renovations of stores . our store-based information systems , which are designed to improve the efficiency of our operations and enhance customer service , are comprised of a proprietary pos system and electronic parts catalog , or epc , system . information maintained by our pos system is used to formulate pricing , marketing and merchandising strategies and to replenish inventory accurately and rapidly . our pos system is fully integrated with our epc system and enables our store team members to assist our customers in their parts selection and ordering based on the year , make , model and engine type of their vehicles . our centrally-based epc data management system enables us to reduce the time needed to ( i ) exchange data with our vendors and ( ii ) catalog and deliver updated , accurate parts information . our epc system also contains enhanced search engines and user-friendly navigation tools that enhance our team members' ability to look up any needed parts as well as additional products the customer needs to complete an automotive repair project . if a hard-to-find part or accessory is not available at one of our stores , the epc system can determine whether the part is carried and in-stock through our hub or pdq ae networks or can be ordered directly from one of our vendors . available parts and accessories are then ordered electronically from another store , hub , pdq ae or directly from the vendor with immediate confirmation of price , availability and estimated delivery time . we also support our store operations with additional proprietary systems and customer driven labor scheduling capabilities . our store-level inventory management system provides real-time inventory tracking at the store level . with the store-level system , store team members can check the quantity of on-hand inventory for any sku , adjust stock levels for select items for store specific events , automatically process returns and defective merchandise , designate skus for cycle counts and track merchandise transfers . our stores use radio frequency hand-held devices to help ensure the accuracy of our inventory . our standard operating procedure , or sop , system is a web-based , electronic data management system that provides our team members with instant access to any of our standard operating procedures through a comprehensive on-line search function . all of these systems are tightly integrated and provide real-time , comprehensive information to store personnel , resulting in improved customer service levels , team member productivity and in-stock availability . purchasing for virtually all of the merchandise for our stores is handled by our merchandise teams located in three primary locations : 2022 store support center in roanoke , virginia ; 2022 regional office in minneapolis , minnesota ; and 2022 global sourcing office in taipei , taiwan . our roanoke team is primarily responsible for the parts categories and our minnesota team is primarily responsible for accessories , oil and chemicals . our global sourcing team works closely with both teams . in fiscal 2011 , we purchased merchandise from approximately 500 vendors , with no single vendor accounting for more than 9% ( 9 % ) of purchases . our purchasing strategy involves negotiating agreements with most of our vendors to purchase merchandise over a specified period of time along with other terms , including pricing , payment terms and volume . the merchandising team has developed strong vendor relationships in the industry and , in a collaborative effort with our vendor partners , utilizes a category management process where we manage the mix of our product offerings to meet customer demand . we believe this process , which develops a customer-focused business plan for each merchandise category , and our global sourcing operation are critical to improving comparable store sales , gross margin and inventory productivity. . <table class='wikitable'><tr><td>1</td><td>-</td><td>2011</td><td>2010</td><td>2009</td><td>2008</td><td>2007</td></tr><tr><td>2</td><td>beginning stores</td><td>3369</td><td>3264</td><td>3243</td><td>3153</td><td>2995</td></tr><tr><td>3</td><td>new stores ( 1 )</td><td>95</td><td>110</td><td>75</td><td>109</td><td>175</td></tr><tr><td>4</td><td>stores closed</td><td>-4 ( 4 )</td><td>-5 ( 5 )</td><td>-54 ( 54 )</td><td>-19 ( 19 )</td><td>-17 ( 17 )</td></tr><tr><td>5</td><td>ending stores</td><td>3460</td><td>3369</td><td>3264</td><td>3243</td><td>3153</td></tr></table> the following table sets forth information concerning increases in the total number of our aap stores during the past five years : beginning stores new stores ( 1 ) stores closed ending stores ( 1 ) does not include stores that opened as relocations of previously existing stores within the same general market area or substantial renovations of stores . our store-based information systems , which are designed to improve the efficiency of our operations and enhance customer service , are comprised of a proprietary pos system and electronic parts catalog , or epc , system . information maintained by our pos system is used to formulate pricing , marketing and merchandising strategies and to replenish inventory accurately and rapidly . our pos system is fully integrated with our epc system and enables our store team members to assist our customers in their parts selection and ordering based on the year , make , model and engine type of their vehicles . our centrally-based epc data management system enables us to reduce the time needed to ( i ) exchange data with our vendors and ( ii ) catalog and deliver updated , accurate parts information . our epc system also contains enhanced search engines and user-friendly navigation tools that enhance our team members' ability to look up any needed parts as well as additional products the customer needs to complete an automotive repair project . if a hard-to-find part or accessory is not available at one of our stores , the epc system can determine whether the part is carried and in-stock through our hub or pdq ae networks or can be ordered directly from one of our vendors . available parts and accessories are then ordered electronically from another store , hub , pdq ae or directly from the vendor with immediate confirmation of price , availability and estimated delivery time . we also support our store operations with additional proprietary systems and customer driven labor scheduling capabilities . our store-level inventory management system provides real-time inventory tracking at the store level . with the store-level system , store team members can check the quantity of on-hand inventory for any sku , adjust stock levels for select items for store specific events , automatically process returns and defective merchandise , designate skus for cycle counts and track merchandise transfers . our stores use radio frequency hand-held devices to help ensure the accuracy of our inventory . our standard operating procedure , or sop , system is a web-based , electronic data management system that provides our team members with instant access to any of our standard operating procedures through a comprehensive on-line search function . all of these systems are tightly integrated and provide real-time , comprehensive information to store personnel , resulting in improved customer service levels , team member productivity and in-stock availability . purchasing for virtually all of the merchandise for our stores is handled by our merchandise teams located in three primary locations : 2022 store support center in roanoke , virginia ; 2022 regional office in minneapolis , minnesota ; and 2022 global sourcing office in taipei , taiwan . our roanoke team is primarily responsible for the parts categories and our minnesota team is primarily responsible for accessories , oil and chemicals . our global sourcing team works closely with both teams . in fiscal 2011 , we purchased merchandise from approximately 500 vendors , with no single vendor accounting for more than 9% ( 9 % ) of purchases . our purchasing strategy involves negotiating agreements with most of our vendors to purchase merchandise over a specified period of time along with other terms , including pricing , payment terms and volume . the merchandising team has developed strong vendor relationships in the industry and , in a collaborative effort with our vendor partners , utilizes a category management process where we manage the mix of our product offerings to meet customer demand . we believe this process , which develops a customer-focused business plan for each merchandise category , and our global sourcing operation are critical to improving comparable store sales , gross margin and inventory productivity. .
Question: what was the change in number of stores from 2007 to 2011?
| 307.0 |
CONVFINQA5734 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
the following table sets forth information concerning increases in the total number of our aap stores during the past five years : beginning stores new stores ( 1 ) stores closed ending stores ( 1 ) does not include stores that opened as relocations of previously existing stores within the same general market area or substantial renovations of stores . our store-based information systems , which are designed to improve the efficiency of our operations and enhance customer service , are comprised of a proprietary pos system and electronic parts catalog , or epc , system . information maintained by our pos system is used to formulate pricing , marketing and merchandising strategies and to replenish inventory accurately and rapidly . our pos system is fully integrated with our epc system and enables our store team members to assist our customers in their parts selection and ordering based on the year , make , model and engine type of their vehicles . our centrally-based epc data management system enables us to reduce the time needed to ( i ) exchange data with our vendors and ( ii ) catalog and deliver updated , accurate parts information . our epc system also contains enhanced search engines and user-friendly navigation tools that enhance our team members' ability to look up any needed parts as well as additional products the customer needs to complete an automotive repair project . if a hard-to-find part or accessory is not available at one of our stores , the epc system can determine whether the part is carried and in-stock through our hub or pdq ae networks or can be ordered directly from one of our vendors . available parts and accessories are then ordered electronically from another store , hub , pdq ae or directly from the vendor with immediate confirmation of price , availability and estimated delivery time . we also support our store operations with additional proprietary systems and customer driven labor scheduling capabilities . our store-level inventory management system provides real-time inventory tracking at the store level . with the store-level system , store team members can check the quantity of on-hand inventory for any sku , adjust stock levels for select items for store specific events , automatically process returns and defective merchandise , designate skus for cycle counts and track merchandise transfers . our stores use radio frequency hand-held devices to help ensure the accuracy of our inventory . our standard operating procedure , or sop , system is a web-based , electronic data management system that provides our team members with instant access to any of our standard operating procedures through a comprehensive on-line search function . all of these systems are tightly integrated and provide real-time , comprehensive information to store personnel , resulting in improved customer service levels , team member productivity and in-stock availability . purchasing for virtually all of the merchandise for our stores is handled by our merchandise teams located in three primary locations : 2022 store support center in roanoke , virginia ; 2022 regional office in minneapolis , minnesota ; and 2022 global sourcing office in taipei , taiwan . our roanoke team is primarily responsible for the parts categories and our minnesota team is primarily responsible for accessories , oil and chemicals . our global sourcing team works closely with both teams . in fiscal 2011 , we purchased merchandise from approximately 500 vendors , with no single vendor accounting for more than 9% ( 9 % ) of purchases . our purchasing strategy involves negotiating agreements with most of our vendors to purchase merchandise over a specified period of time along with other terms , including pricing , payment terms and volume . the merchandising team has developed strong vendor relationships in the industry and , in a collaborative effort with our vendor partners , utilizes a category management process where we manage the mix of our product offerings to meet customer demand . we believe this process , which develops a customer-focused business plan for each merchandise category , and our global sourcing operation are critical to improving comparable store sales , gross margin and inventory productivity. . <table class='wikitable'><tr><td>1</td><td>-</td><td>2011</td><td>2010</td><td>2009</td><td>2008</td><td>2007</td></tr><tr><td>2</td><td>beginning stores</td><td>3369</td><td>3264</td><td>3243</td><td>3153</td><td>2995</td></tr><tr><td>3</td><td>new stores ( 1 )</td><td>95</td><td>110</td><td>75</td><td>109</td><td>175</td></tr><tr><td>4</td><td>stores closed</td><td>-4 ( 4 )</td><td>-5 ( 5 )</td><td>-54 ( 54 )</td><td>-19 ( 19 )</td><td>-17 ( 17 )</td></tr><tr><td>5</td><td>ending stores</td><td>3460</td><td>3369</td><td>3264</td><td>3243</td><td>3153</td></tr></table> the following table sets forth information concerning increases in the total number of our aap stores during the past five years : beginning stores new stores ( 1 ) stores closed ending stores ( 1 ) does not include stores that opened as relocations of previously existing stores within the same general market area or substantial renovations of stores . our store-based information systems , which are designed to improve the efficiency of our operations and enhance customer service , are comprised of a proprietary pos system and electronic parts catalog , or epc , system . information maintained by our pos system is used to formulate pricing , marketing and merchandising strategies and to replenish inventory accurately and rapidly . our pos system is fully integrated with our epc system and enables our store team members to assist our customers in their parts selection and ordering based on the year , make , model and engine type of their vehicles . our centrally-based epc data management system enables us to reduce the time needed to ( i ) exchange data with our vendors and ( ii ) catalog and deliver updated , accurate parts information . our epc system also contains enhanced search engines and user-friendly navigation tools that enhance our team members' ability to look up any needed parts as well as additional products the customer needs to complete an automotive repair project . if a hard-to-find part or accessory is not available at one of our stores , the epc system can determine whether the part is carried and in-stock through our hub or pdq ae networks or can be ordered directly from one of our vendors . available parts and accessories are then ordered electronically from another store , hub , pdq ae or directly from the vendor with immediate confirmation of price , availability and estimated delivery time . we also support our store operations with additional proprietary systems and customer driven labor scheduling capabilities . our store-level inventory management system provides real-time inventory tracking at the store level . with the store-level system , store team members can check the quantity of on-hand inventory for any sku , adjust stock levels for select items for store specific events , automatically process returns and defective merchandise , designate skus for cycle counts and track merchandise transfers . our stores use radio frequency hand-held devices to help ensure the accuracy of our inventory . our standard operating procedure , or sop , system is a web-based , electronic data management system that provides our team members with instant access to any of our standard operating procedures through a comprehensive on-line search function . all of these systems are tightly integrated and provide real-time , comprehensive information to store personnel , resulting in improved customer service levels , team member productivity and in-stock availability . purchasing for virtually all of the merchandise for our stores is handled by our merchandise teams located in three primary locations : 2022 store support center in roanoke , virginia ; 2022 regional office in minneapolis , minnesota ; and 2022 global sourcing office in taipei , taiwan . our roanoke team is primarily responsible for the parts categories and our minnesota team is primarily responsible for accessories , oil and chemicals . our global sourcing team works closely with both teams . in fiscal 2011 , we purchased merchandise from approximately 500 vendors , with no single vendor accounting for more than 9% ( 9 % ) of purchases . our purchasing strategy involves negotiating agreements with most of our vendors to purchase merchandise over a specified period of time along with other terms , including pricing , payment terms and volume . the merchandising team has developed strong vendor relationships in the industry and , in a collaborative effort with our vendor partners , utilizes a category management process where we manage the mix of our product offerings to meet customer demand . we believe this process , which develops a customer-focused business plan for each merchandise category , and our global sourcing operation are critical to improving comparable store sales , gross margin and inventory productivity. .
Question: what was the change in number of stores from 2007 to 2011?
Answer: 307.0
Question: what was the number of stores in 2007?
| 3153.0 |
CONVFINQA5735 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
the following table sets forth information concerning increases in the total number of our aap stores during the past five years : beginning stores new stores ( 1 ) stores closed ending stores ( 1 ) does not include stores that opened as relocations of previously existing stores within the same general market area or substantial renovations of stores . our store-based information systems , which are designed to improve the efficiency of our operations and enhance customer service , are comprised of a proprietary pos system and electronic parts catalog , or epc , system . information maintained by our pos system is used to formulate pricing , marketing and merchandising strategies and to replenish inventory accurately and rapidly . our pos system is fully integrated with our epc system and enables our store team members to assist our customers in their parts selection and ordering based on the year , make , model and engine type of their vehicles . our centrally-based epc data management system enables us to reduce the time needed to ( i ) exchange data with our vendors and ( ii ) catalog and deliver updated , accurate parts information . our epc system also contains enhanced search engines and user-friendly navigation tools that enhance our team members' ability to look up any needed parts as well as additional products the customer needs to complete an automotive repair project . if a hard-to-find part or accessory is not available at one of our stores , the epc system can determine whether the part is carried and in-stock through our hub or pdq ae networks or can be ordered directly from one of our vendors . available parts and accessories are then ordered electronically from another store , hub , pdq ae or directly from the vendor with immediate confirmation of price , availability and estimated delivery time . we also support our store operations with additional proprietary systems and customer driven labor scheduling capabilities . our store-level inventory management system provides real-time inventory tracking at the store level . with the store-level system , store team members can check the quantity of on-hand inventory for any sku , adjust stock levels for select items for store specific events , automatically process returns and defective merchandise , designate skus for cycle counts and track merchandise transfers . our stores use radio frequency hand-held devices to help ensure the accuracy of our inventory . our standard operating procedure , or sop , system is a web-based , electronic data management system that provides our team members with instant access to any of our standard operating procedures through a comprehensive on-line search function . all of these systems are tightly integrated and provide real-time , comprehensive information to store personnel , resulting in improved customer service levels , team member productivity and in-stock availability . purchasing for virtually all of the merchandise for our stores is handled by our merchandise teams located in three primary locations : 2022 store support center in roanoke , virginia ; 2022 regional office in minneapolis , minnesota ; and 2022 global sourcing office in taipei , taiwan . our roanoke team is primarily responsible for the parts categories and our minnesota team is primarily responsible for accessories , oil and chemicals . our global sourcing team works closely with both teams . in fiscal 2011 , we purchased merchandise from approximately 500 vendors , with no single vendor accounting for more than 9% ( 9 % ) of purchases . our purchasing strategy involves negotiating agreements with most of our vendors to purchase merchandise over a specified period of time along with other terms , including pricing , payment terms and volume . the merchandising team has developed strong vendor relationships in the industry and , in a collaborative effort with our vendor partners , utilizes a category management process where we manage the mix of our product offerings to meet customer demand . we believe this process , which develops a customer-focused business plan for each merchandise category , and our global sourcing operation are critical to improving comparable store sales , gross margin and inventory productivity. . <table class='wikitable'><tr><td>1</td><td>-</td><td>2011</td><td>2010</td><td>2009</td><td>2008</td><td>2007</td></tr><tr><td>2</td><td>beginning stores</td><td>3369</td><td>3264</td><td>3243</td><td>3153</td><td>2995</td></tr><tr><td>3</td><td>new stores ( 1 )</td><td>95</td><td>110</td><td>75</td><td>109</td><td>175</td></tr><tr><td>4</td><td>stores closed</td><td>-4 ( 4 )</td><td>-5 ( 5 )</td><td>-54 ( 54 )</td><td>-19 ( 19 )</td><td>-17 ( 17 )</td></tr><tr><td>5</td><td>ending stores</td><td>3460</td><td>3369</td><td>3264</td><td>3243</td><td>3153</td></tr></table> the following table sets forth information concerning increases in the total number of our aap stores during the past five years : beginning stores new stores ( 1 ) stores closed ending stores ( 1 ) does not include stores that opened as relocations of previously existing stores within the same general market area or substantial renovations of stores . our store-based information systems , which are designed to improve the efficiency of our operations and enhance customer service , are comprised of a proprietary pos system and electronic parts catalog , or epc , system . information maintained by our pos system is used to formulate pricing , marketing and merchandising strategies and to replenish inventory accurately and rapidly . our pos system is fully integrated with our epc system and enables our store team members to assist our customers in their parts selection and ordering based on the year , make , model and engine type of their vehicles . our centrally-based epc data management system enables us to reduce the time needed to ( i ) exchange data with our vendors and ( ii ) catalog and deliver updated , accurate parts information . our epc system also contains enhanced search engines and user-friendly navigation tools that enhance our team members' ability to look up any needed parts as well as additional products the customer needs to complete an automotive repair project . if a hard-to-find part or accessory is not available at one of our stores , the epc system can determine whether the part is carried and in-stock through our hub or pdq ae networks or can be ordered directly from one of our vendors . available parts and accessories are then ordered electronically from another store , hub , pdq ae or directly from the vendor with immediate confirmation of price , availability and estimated delivery time . we also support our store operations with additional proprietary systems and customer driven labor scheduling capabilities . our store-level inventory management system provides real-time inventory tracking at the store level . with the store-level system , store team members can check the quantity of on-hand inventory for any sku , adjust stock levels for select items for store specific events , automatically process returns and defective merchandise , designate skus for cycle counts and track merchandise transfers . our stores use radio frequency hand-held devices to help ensure the accuracy of our inventory . our standard operating procedure , or sop , system is a web-based , electronic data management system that provides our team members with instant access to any of our standard operating procedures through a comprehensive on-line search function . all of these systems are tightly integrated and provide real-time , comprehensive information to store personnel , resulting in improved customer service levels , team member productivity and in-stock availability . purchasing for virtually all of the merchandise for our stores is handled by our merchandise teams located in three primary locations : 2022 store support center in roanoke , virginia ; 2022 regional office in minneapolis , minnesota ; and 2022 global sourcing office in taipei , taiwan . our roanoke team is primarily responsible for the parts categories and our minnesota team is primarily responsible for accessories , oil and chemicals . our global sourcing team works closely with both teams . in fiscal 2011 , we purchased merchandise from approximately 500 vendors , with no single vendor accounting for more than 9% ( 9 % ) of purchases . our purchasing strategy involves negotiating agreements with most of our vendors to purchase merchandise over a specified period of time along with other terms , including pricing , payment terms and volume . the merchandising team has developed strong vendor relationships in the industry and , in a collaborative effort with our vendor partners , utilizes a category management process where we manage the mix of our product offerings to meet customer demand . we believe this process , which develops a customer-focused business plan for each merchandise category , and our global sourcing operation are critical to improving comparable store sales , gross margin and inventory productivity. .
Question: what was the change in number of stores from 2007 to 2011?
Answer: 307.0
Question: what was the number of stores in 2007?
Answer: 3153.0
Question: what is the percent change?
| 0.09737 |
CONVFINQA5736 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
tax returns for 2001 and beyond are open for examination under statute . currently , unrecognized tax benefits are not expected to change significantly over the next 12 months . 19 . stock-based and other management compensation plans in april 2009 , the company approved a global incentive plan which replaces the company 2019s 2004 stock incentive plan . the 2009 global incentive plan ( 201cgip 201d ) enables the compensation committee of the board of directors to award incentive and nonqualified stock options , stock appreciation rights , shares of series a common stock , restricted stock , restricted stock units ( 201crsus 201d ) and incentive bonuses ( which may be paid in cash or stock or a combination thereof ) , any of which may be performance-based , with vesting and other award provisions that provide effective incentive to company employees ( including officers ) , non-management directors and other service providers . under the 2009 gip , the company no longer can grant rsus with the right to participate in dividends or dividend equivalents . the maximum number of shares that may be issued under the 2009 gip is equal to 5350000 shares plus ( a ) any shares of series a common stock that remain available for issuance under the 2004 stock incentive plan ( 201csip 201d ) ( not including any shares of series a common stock that are subject to outstanding awards under the 2004 sip or any shares of series a common stock that were issued pursuant to awards under the 2004 sip ) and ( b ) any awards under the 2004 stock incentive plan that remain outstanding that cease for any reason to be subject to such awards ( other than by reason of exercise or settlement of the award to the extent that such award is exercised for or settled in vested and non-forfeitable shares ) . as of december 31 , 2010 , total shares available for awards and total shares subject to outstanding awards are as follows : shares available for awards shares subject to outstanding awards . <table class='wikitable'><tr><td>1</td><td>-</td><td>shares available for awards</td><td>shares subject to outstanding awards</td></tr><tr><td>2</td><td>2009 global incentive plan</td><td>2322450</td><td>2530454</td></tr><tr><td>3</td><td>2004 stock incentive plan</td><td>-</td><td>5923147</td></tr></table> upon the termination of a participant 2019s employment with the company by reason of death or disability or by the company without cause ( as defined in the respective award agreements ) , an award in amount equal to ( i ) the value of the award granted multiplied by ( ii ) a fraction , ( x ) the numerator of which is the number of full months between grant date and the date of such termination , and ( y ) the denominator of which is the term of the award , such product to be rounded down to the nearest whole number , and reduced by ( iii ) the value of any award that previously vested , shall immediately vest and become payable to the participant . upon the termination of a participant 2019s employment with the company for any other reason , any unvested portion of the award shall be forfeited and cancelled without consideration . there was $ 19 million and $ 0 million of tax benefit realized from stock option exercises and vesting of rsus during the years ended december 31 , 2010 and 2009 , respectively . during the year ended december 31 , 2008 the company reversed $ 8 million of the $ 19 million tax benefit that was realized during the year ended december 31 , 2007 . deferred compensation in april 2007 , certain participants in the company 2019s 2004 deferred compensation plan elected to participate in a revised program , which includes both cash awards and restricted stock units ( see restricted stock units below ) . based on participation in the revised program , the company expensed $ 9 million , $ 10 million and $ 8 million during the years ended december 31 , 2010 , 2009 and 2008 , respectively , related to the revised program and made payments of $ 4 million during the year ended december 31 , 2010 to participants who left the company and $ 28 million to active employees during december 2010 . as of december 31 , 2010 , $ 1 million remains to be paid during 2011 under the revised program . as of december 31 , 2009 , there was no deferred compensation payable remaining associated with the 2004 deferred compensation plan . the company recorded expense related to participants continuing in the 2004 deferred %%transmsg*** transmitting job : d77691 pcn : 132000000 ***%%pcmsg|132 |00011|yes|no|02/09/2011 18:22|0|0|page is valid , no graphics -- color : n| .
Question: what is the total number of shares, combining the ones available to awards and the ones that are subject to outstanding awards?
| 4852904.0 |
CONVFINQA5737 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
tax returns for 2001 and beyond are open for examination under statute . currently , unrecognized tax benefits are not expected to change significantly over the next 12 months . 19 . stock-based and other management compensation plans in april 2009 , the company approved a global incentive plan which replaces the company 2019s 2004 stock incentive plan . the 2009 global incentive plan ( 201cgip 201d ) enables the compensation committee of the board of directors to award incentive and nonqualified stock options , stock appreciation rights , shares of series a common stock , restricted stock , restricted stock units ( 201crsus 201d ) and incentive bonuses ( which may be paid in cash or stock or a combination thereof ) , any of which may be performance-based , with vesting and other award provisions that provide effective incentive to company employees ( including officers ) , non-management directors and other service providers . under the 2009 gip , the company no longer can grant rsus with the right to participate in dividends or dividend equivalents . the maximum number of shares that may be issued under the 2009 gip is equal to 5350000 shares plus ( a ) any shares of series a common stock that remain available for issuance under the 2004 stock incentive plan ( 201csip 201d ) ( not including any shares of series a common stock that are subject to outstanding awards under the 2004 sip or any shares of series a common stock that were issued pursuant to awards under the 2004 sip ) and ( b ) any awards under the 2004 stock incentive plan that remain outstanding that cease for any reason to be subject to such awards ( other than by reason of exercise or settlement of the award to the extent that such award is exercised for or settled in vested and non-forfeitable shares ) . as of december 31 , 2010 , total shares available for awards and total shares subject to outstanding awards are as follows : shares available for awards shares subject to outstanding awards . <table class='wikitable'><tr><td>1</td><td>-</td><td>shares available for awards</td><td>shares subject to outstanding awards</td></tr><tr><td>2</td><td>2009 global incentive plan</td><td>2322450</td><td>2530454</td></tr><tr><td>3</td><td>2004 stock incentive plan</td><td>-</td><td>5923147</td></tr></table> upon the termination of a participant 2019s employment with the company by reason of death or disability or by the company without cause ( as defined in the respective award agreements ) , an award in amount equal to ( i ) the value of the award granted multiplied by ( ii ) a fraction , ( x ) the numerator of which is the number of full months between grant date and the date of such termination , and ( y ) the denominator of which is the term of the award , such product to be rounded down to the nearest whole number , and reduced by ( iii ) the value of any award that previously vested , shall immediately vest and become payable to the participant . upon the termination of a participant 2019s employment with the company for any other reason , any unvested portion of the award shall be forfeited and cancelled without consideration . there was $ 19 million and $ 0 million of tax benefit realized from stock option exercises and vesting of rsus during the years ended december 31 , 2010 and 2009 , respectively . during the year ended december 31 , 2008 the company reversed $ 8 million of the $ 19 million tax benefit that was realized during the year ended december 31 , 2007 . deferred compensation in april 2007 , certain participants in the company 2019s 2004 deferred compensation plan elected to participate in a revised program , which includes both cash awards and restricted stock units ( see restricted stock units below ) . based on participation in the revised program , the company expensed $ 9 million , $ 10 million and $ 8 million during the years ended december 31 , 2010 , 2009 and 2008 , respectively , related to the revised program and made payments of $ 4 million during the year ended december 31 , 2010 to participants who left the company and $ 28 million to active employees during december 2010 . as of december 31 , 2010 , $ 1 million remains to be paid during 2011 under the revised program . as of december 31 , 2009 , there was no deferred compensation payable remaining associated with the 2004 deferred compensation plan . the company recorded expense related to participants continuing in the 2004 deferred %%transmsg*** transmitting job : d77691 pcn : 132000000 ***%%pcmsg|132 |00011|yes|no|02/09/2011 18:22|0|0|page is valid , no graphics -- color : n| .
Question: what is the total number of shares, combining the ones available to awards and the ones that are subject to outstanding awards?
Answer: 4852904.0
Question: what percentage from the total do the shares available to awards represent?
| 0.47857 |
CONVFINQA5738 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
synopsys , inc . notes to consolidated financial statements 2014 ( continued ) and other electronic applications markets . the company believes the acquisition will expand its technology portfolio , channel reach and total addressable market by adding complementary products and expertise for fpga solutions and rapid asic prototyping . purchase price . synopsys paid $ 8.00 per share for all outstanding shares including certain vested options of synplicity for an aggregate cash payment of $ 223.3 million . additionally , synopsys assumed certain employee stock options and restricted stock units , collectively called 201cstock awards . 201d the total purchase consideration consisted of: . <table class='wikitable'><tr><td>1</td><td>-</td><td>( in thousands )</td></tr><tr><td>2</td><td>cash paid net of cash acquired</td><td>$ 180618</td></tr><tr><td>3</td><td>fair value of assumed vested or earned stock awards</td><td>4169</td></tr><tr><td>4</td><td>acquisition related costs</td><td>8016</td></tr><tr><td>5</td><td>total purchase price consideration</td><td>$ 192803</td></tr></table> acquisition related costs consist primarily of professional services , severance and employee related costs and facilities closure costs of which $ 6.8 million have been paid as of october 31 , 2009 . fair value of stock awards assumed . an aggregate of 4.7 million shares of synplicity stock options and restricted stock units were exchanged for synopsys stock options and restricted stock units at an exchange ratio of 0.3392 per share . the fair value of stock options assumed was determined using a black-scholes valuation model . the fair value of stock awards vested or earned of $ 4.2 million was included as part of the purchase price . the fair value of unvested awards of $ 5.0 million will be recorded as operating expense over the remaining service periods on a straight-line basis . purchase price allocation . the company allocated $ 80.0 million of the purchase price to identifiable intangible assets to be amortized over two to seven years . in-process research and development expense related to these acquisitions was $ 4.8 million . goodwill , representing the excess of the purchase price over the fair value of tangible and identifiable intangible assets acquired , was $ 120.3 million and will not be amortized . goodwill primarily resulted from the company 2019s expectation of cost synergies and sales growth from the integration of synplicity 2019s technology with the company 2019s technology and operations to provide an expansion of products and market reach . fiscal 2007 acquisitions during fiscal year 2007 , the company completed certain purchase acquisitions for cash . the company allocated the total purchase considerations of $ 54.8 million ( which included acquisition related costs of $ 1.4 million ) to the assets and liabilities acquired , including identifiable intangible assets , based on their respective fair values at the acquisition dates , resulting in aggregate goodwill of $ 36.6 million . acquired identifiable intangible assets of $ 14.3 million are being amortized over two to nine years . in-process research and development expense related to these acquisitions was $ 3.2 million. .
Question: what was the total goodwill value, in thousands?
| 120300.0 |
CONVFINQA5739 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
synopsys , inc . notes to consolidated financial statements 2014 ( continued ) and other electronic applications markets . the company believes the acquisition will expand its technology portfolio , channel reach and total addressable market by adding complementary products and expertise for fpga solutions and rapid asic prototyping . purchase price . synopsys paid $ 8.00 per share for all outstanding shares including certain vested options of synplicity for an aggregate cash payment of $ 223.3 million . additionally , synopsys assumed certain employee stock options and restricted stock units , collectively called 201cstock awards . 201d the total purchase consideration consisted of: . <table class='wikitable'><tr><td>1</td><td>-</td><td>( in thousands )</td></tr><tr><td>2</td><td>cash paid net of cash acquired</td><td>$ 180618</td></tr><tr><td>3</td><td>fair value of assumed vested or earned stock awards</td><td>4169</td></tr><tr><td>4</td><td>acquisition related costs</td><td>8016</td></tr><tr><td>5</td><td>total purchase price consideration</td><td>$ 192803</td></tr></table> acquisition related costs consist primarily of professional services , severance and employee related costs and facilities closure costs of which $ 6.8 million have been paid as of october 31 , 2009 . fair value of stock awards assumed . an aggregate of 4.7 million shares of synplicity stock options and restricted stock units were exchanged for synopsys stock options and restricted stock units at an exchange ratio of 0.3392 per share . the fair value of stock options assumed was determined using a black-scholes valuation model . the fair value of stock awards vested or earned of $ 4.2 million was included as part of the purchase price . the fair value of unvested awards of $ 5.0 million will be recorded as operating expense over the remaining service periods on a straight-line basis . purchase price allocation . the company allocated $ 80.0 million of the purchase price to identifiable intangible assets to be amortized over two to seven years . in-process research and development expense related to these acquisitions was $ 4.8 million . goodwill , representing the excess of the purchase price over the fair value of tangible and identifiable intangible assets acquired , was $ 120.3 million and will not be amortized . goodwill primarily resulted from the company 2019s expectation of cost synergies and sales growth from the integration of synplicity 2019s technology with the company 2019s technology and operations to provide an expansion of products and market reach . fiscal 2007 acquisitions during fiscal year 2007 , the company completed certain purchase acquisitions for cash . the company allocated the total purchase considerations of $ 54.8 million ( which included acquisition related costs of $ 1.4 million ) to the assets and liabilities acquired , including identifiable intangible assets , based on their respective fair values at the acquisition dates , resulting in aggregate goodwill of $ 36.6 million . acquired identifiable intangible assets of $ 14.3 million are being amortized over two to nine years . in-process research and development expense related to these acquisitions was $ 3.2 million. .
Question: what was the total goodwill value, in thousands?
Answer: 120300.0
Question: and how much does this value represent in relation to the total purchase price consideration, in percentage?
| 0.62395 |
CONVFINQA5740 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
customary conditions . we will retain a 20% ( 20 % ) equity interest in the joint venture . as of december 31 , 2008 , the joint venture has acquired seven properties from us and we received year-to-date net sale proceeds and financing distributions of approximately $ 251.6 million . in january 2008 , we sold a tract of land to an unconsolidated joint venture in which we hold a 50% ( 50 % ) equity interest and received a distribution , commensurate to our partner 2019s 50% ( 50 % ) ownership interest , of approximately $ 38.3 million . in november 2008 , that unconsolidated joint venture entered a loan agreement with a consortium of banks and distributed a portion of the loan proceeds to us and our partner , with our share of the distribution totaling $ 20.4 million . uses of liquidity our principal uses of liquidity include the following : 2022 property investment ; 2022 recurring leasing/capital costs ; 2022 dividends and distributions to shareholders and unitholders ; 2022 long-term debt maturities ; 2022 opportunistic repurchases of outstanding debt ; and 2022 other contractual obligations . property investment we evaluate development and acquisition opportunities based upon market outlook , supply and long-term growth potential . our ability to make future property investments is dependent upon our continued access to our longer-term sources of liquidity including the issuances of debt or equity securities as well as disposing of selected properties . in light of current economic conditions , management continues to evaluate our investment priorities and we are limiting new development expenditures . 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 , 2008 , 2007 and 2006 , respectively ( in thousands ) : . <table class='wikitable'><tr><td>1</td><td>-</td><td>2008</td><td>2007</td><td>2006</td></tr><tr><td>2</td><td>recurring tenant improvements</td><td>$ 36885</td><td>$ 45296</td><td>$ 41895</td></tr><tr><td>3</td><td>recurring leasing costs</td><td>28205</td><td>32238</td><td>32983</td></tr><tr><td>4</td><td>building improvements</td><td>9724</td><td>8402</td><td>8122</td></tr><tr><td>5</td><td>totals</td><td>$ 74814</td><td>$ 85936</td><td>$ 83000</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 . because depreciation is a non-cash expense , cash flow will typically be greater than operating income . we paid dividends per share of $ 1.93 , $ 1.91 and $ 1.89 for the years ended december 31 , 2008 , 2007 and 2006 , respectively . 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 . in january 2009 , our board of directors resolved to decrease our annual dividend from $ 1.94 per share to $ 1.00 per share in order to retain additional cash to help meet our capital needs . we anticipate retaining additional cash of approximately $ 145.2 million per year , when compared to an annual dividend of $ 1.94 per share , as the result of this action . at december 31 , 2008 we had six series of preferred shares outstanding . the annual dividend rates on our preferred shares range between 6.5% ( 6.5 % ) and 8.375% ( 8.375 % ) and are paid in arrears quarterly. .
Question: what was the total recurring capital expenditure in 2007?
| 85936.0 |
CONVFINQA5741 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
customary conditions . we will retain a 20% ( 20 % ) equity interest in the joint venture . as of december 31 , 2008 , the joint venture has acquired seven properties from us and we received year-to-date net sale proceeds and financing distributions of approximately $ 251.6 million . in january 2008 , we sold a tract of land to an unconsolidated joint venture in which we hold a 50% ( 50 % ) equity interest and received a distribution , commensurate to our partner 2019s 50% ( 50 % ) ownership interest , of approximately $ 38.3 million . in november 2008 , that unconsolidated joint venture entered a loan agreement with a consortium of banks and distributed a portion of the loan proceeds to us and our partner , with our share of the distribution totaling $ 20.4 million . uses of liquidity our principal uses of liquidity include the following : 2022 property investment ; 2022 recurring leasing/capital costs ; 2022 dividends and distributions to shareholders and unitholders ; 2022 long-term debt maturities ; 2022 opportunistic repurchases of outstanding debt ; and 2022 other contractual obligations . property investment we evaluate development and acquisition opportunities based upon market outlook , supply and long-term growth potential . our ability to make future property investments is dependent upon our continued access to our longer-term sources of liquidity including the issuances of debt or equity securities as well as disposing of selected properties . in light of current economic conditions , management continues to evaluate our investment priorities and we are limiting new development expenditures . 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 , 2008 , 2007 and 2006 , respectively ( in thousands ) : . <table class='wikitable'><tr><td>1</td><td>-</td><td>2008</td><td>2007</td><td>2006</td></tr><tr><td>2</td><td>recurring tenant improvements</td><td>$ 36885</td><td>$ 45296</td><td>$ 41895</td></tr><tr><td>3</td><td>recurring leasing costs</td><td>28205</td><td>32238</td><td>32983</td></tr><tr><td>4</td><td>building improvements</td><td>9724</td><td>8402</td><td>8122</td></tr><tr><td>5</td><td>totals</td><td>$ 74814</td><td>$ 85936</td><td>$ 83000</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 . because depreciation is a non-cash expense , cash flow will typically be greater than operating income . we paid dividends per share of $ 1.93 , $ 1.91 and $ 1.89 for the years ended december 31 , 2008 , 2007 and 2006 , respectively . 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 . in january 2009 , our board of directors resolved to decrease our annual dividend from $ 1.94 per share to $ 1.00 per share in order to retain additional cash to help meet our capital needs . we anticipate retaining additional cash of approximately $ 145.2 million per year , when compared to an annual dividend of $ 1.94 per share , as the result of this action . at december 31 , 2008 we had six series of preferred shares outstanding . the annual dividend rates on our preferred shares range between 6.5% ( 6.5 % ) and 8.375% ( 8.375 % ) and are paid in arrears quarterly. .
Question: what was the total recurring capital expenditure in 2007?
Answer: 85936.0
Question: and in 2006?
| 83000.0 |
CONVFINQA5742 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
customary conditions . we will retain a 20% ( 20 % ) equity interest in the joint venture . as of december 31 , 2008 , the joint venture has acquired seven properties from us and we received year-to-date net sale proceeds and financing distributions of approximately $ 251.6 million . in january 2008 , we sold a tract of land to an unconsolidated joint venture in which we hold a 50% ( 50 % ) equity interest and received a distribution , commensurate to our partner 2019s 50% ( 50 % ) ownership interest , of approximately $ 38.3 million . in november 2008 , that unconsolidated joint venture entered a loan agreement with a consortium of banks and distributed a portion of the loan proceeds to us and our partner , with our share of the distribution totaling $ 20.4 million . uses of liquidity our principal uses of liquidity include the following : 2022 property investment ; 2022 recurring leasing/capital costs ; 2022 dividends and distributions to shareholders and unitholders ; 2022 long-term debt maturities ; 2022 opportunistic repurchases of outstanding debt ; and 2022 other contractual obligations . property investment we evaluate development and acquisition opportunities based upon market outlook , supply and long-term growth potential . our ability to make future property investments is dependent upon our continued access to our longer-term sources of liquidity including the issuances of debt or equity securities as well as disposing of selected properties . in light of current economic conditions , management continues to evaluate our investment priorities and we are limiting new development expenditures . 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 , 2008 , 2007 and 2006 , respectively ( in thousands ) : . <table class='wikitable'><tr><td>1</td><td>-</td><td>2008</td><td>2007</td><td>2006</td></tr><tr><td>2</td><td>recurring tenant improvements</td><td>$ 36885</td><td>$ 45296</td><td>$ 41895</td></tr><tr><td>3</td><td>recurring leasing costs</td><td>28205</td><td>32238</td><td>32983</td></tr><tr><td>4</td><td>building improvements</td><td>9724</td><td>8402</td><td>8122</td></tr><tr><td>5</td><td>totals</td><td>$ 74814</td><td>$ 85936</td><td>$ 83000</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 . because depreciation is a non-cash expense , cash flow will typically be greater than operating income . we paid dividends per share of $ 1.93 , $ 1.91 and $ 1.89 for the years ended december 31 , 2008 , 2007 and 2006 , respectively . 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 . in january 2009 , our board of directors resolved to decrease our annual dividend from $ 1.94 per share to $ 1.00 per share in order to retain additional cash to help meet our capital needs . we anticipate retaining additional cash of approximately $ 145.2 million per year , when compared to an annual dividend of $ 1.94 per share , as the result of this action . at december 31 , 2008 we had six series of preferred shares outstanding . the annual dividend rates on our preferred shares range between 6.5% ( 6.5 % ) and 8.375% ( 8.375 % ) and are paid in arrears quarterly. .
Question: what was the total recurring capital expenditure in 2007?
Answer: 85936.0
Question: and in 2006?
Answer: 83000.0
Question: so what was the difference between these two years?
| 2936.0 |
CONVFINQA5743 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
customary conditions . we will retain a 20% ( 20 % ) equity interest in the joint venture . as of december 31 , 2008 , the joint venture has acquired seven properties from us and we received year-to-date net sale proceeds and financing distributions of approximately $ 251.6 million . in january 2008 , we sold a tract of land to an unconsolidated joint venture in which we hold a 50% ( 50 % ) equity interest and received a distribution , commensurate to our partner 2019s 50% ( 50 % ) ownership interest , of approximately $ 38.3 million . in november 2008 , that unconsolidated joint venture entered a loan agreement with a consortium of banks and distributed a portion of the loan proceeds to us and our partner , with our share of the distribution totaling $ 20.4 million . uses of liquidity our principal uses of liquidity include the following : 2022 property investment ; 2022 recurring leasing/capital costs ; 2022 dividends and distributions to shareholders and unitholders ; 2022 long-term debt maturities ; 2022 opportunistic repurchases of outstanding debt ; and 2022 other contractual obligations . property investment we evaluate development and acquisition opportunities based upon market outlook , supply and long-term growth potential . our ability to make future property investments is dependent upon our continued access to our longer-term sources of liquidity including the issuances of debt or equity securities as well as disposing of selected properties . in light of current economic conditions , management continues to evaluate our investment priorities and we are limiting new development expenditures . 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 , 2008 , 2007 and 2006 , respectively ( in thousands ) : . <table class='wikitable'><tr><td>1</td><td>-</td><td>2008</td><td>2007</td><td>2006</td></tr><tr><td>2</td><td>recurring tenant improvements</td><td>$ 36885</td><td>$ 45296</td><td>$ 41895</td></tr><tr><td>3</td><td>recurring leasing costs</td><td>28205</td><td>32238</td><td>32983</td></tr><tr><td>4</td><td>building improvements</td><td>9724</td><td>8402</td><td>8122</td></tr><tr><td>5</td><td>totals</td><td>$ 74814</td><td>$ 85936</td><td>$ 83000</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 . because depreciation is a non-cash expense , cash flow will typically be greater than operating income . we paid dividends per share of $ 1.93 , $ 1.91 and $ 1.89 for the years ended december 31 , 2008 , 2007 and 2006 , respectively . 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 . in january 2009 , our board of directors resolved to decrease our annual dividend from $ 1.94 per share to $ 1.00 per share in order to retain additional cash to help meet our capital needs . we anticipate retaining additional cash of approximately $ 145.2 million per year , when compared to an annual dividend of $ 1.94 per share , as the result of this action . at december 31 , 2008 we had six series of preferred shares outstanding . the annual dividend rates on our preferred shares range between 6.5% ( 6.5 % ) and 8.375% ( 8.375 % ) and are paid in arrears quarterly. .
Question: what was the total recurring capital expenditure in 2007?
Answer: 85936.0
Question: and in 2006?
Answer: 83000.0
Question: so what was the difference between these two years?
Answer: 2936.0
Question: and as a percentage of the original value?
| 0.03537 |
CONVFINQA5744 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
customary conditions . we will retain a 20% ( 20 % ) equity interest in the joint venture . as of december 31 , 2008 , the joint venture has acquired seven properties from us and we received year-to-date net sale proceeds and financing distributions of approximately $ 251.6 million . in january 2008 , we sold a tract of land to an unconsolidated joint venture in which we hold a 50% ( 50 % ) equity interest and received a distribution , commensurate to our partner 2019s 50% ( 50 % ) ownership interest , of approximately $ 38.3 million . in november 2008 , that unconsolidated joint venture entered a loan agreement with a consortium of banks and distributed a portion of the loan proceeds to us and our partner , with our share of the distribution totaling $ 20.4 million . uses of liquidity our principal uses of liquidity include the following : 2022 property investment ; 2022 recurring leasing/capital costs ; 2022 dividends and distributions to shareholders and unitholders ; 2022 long-term debt maturities ; 2022 opportunistic repurchases of outstanding debt ; and 2022 other contractual obligations . property investment we evaluate development and acquisition opportunities based upon market outlook , supply and long-term growth potential . our ability to make future property investments is dependent upon our continued access to our longer-term sources of liquidity including the issuances of debt or equity securities as well as disposing of selected properties . in light of current economic conditions , management continues to evaluate our investment priorities and we are limiting new development expenditures . 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 , 2008 , 2007 and 2006 , respectively ( in thousands ) : . <table class='wikitable'><tr><td>1</td><td>-</td><td>2008</td><td>2007</td><td>2006</td></tr><tr><td>2</td><td>recurring tenant improvements</td><td>$ 36885</td><td>$ 45296</td><td>$ 41895</td></tr><tr><td>3</td><td>recurring leasing costs</td><td>28205</td><td>32238</td><td>32983</td></tr><tr><td>4</td><td>building improvements</td><td>9724</td><td>8402</td><td>8122</td></tr><tr><td>5</td><td>totals</td><td>$ 74814</td><td>$ 85936</td><td>$ 83000</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 . because depreciation is a non-cash expense , cash flow will typically be greater than operating income . we paid dividends per share of $ 1.93 , $ 1.91 and $ 1.89 for the years ended december 31 , 2008 , 2007 and 2006 , respectively . 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 . in january 2009 , our board of directors resolved to decrease our annual dividend from $ 1.94 per share to $ 1.00 per share in order to retain additional cash to help meet our capital needs . we anticipate retaining additional cash of approximately $ 145.2 million per year , when compared to an annual dividend of $ 1.94 per share , as the result of this action . at december 31 , 2008 we had six series of preferred shares outstanding . the annual dividend rates on our preferred shares range between 6.5% ( 6.5 % ) and 8.375% ( 8.375 % ) and are paid in arrears quarterly. .
Question: what was the total recurring capital expenditure in 2007?
Answer: 85936.0
Question: and in 2006?
Answer: 83000.0
Question: so what was the difference between these two years?
Answer: 2936.0
Question: and as a percentage of the original value?
Answer: 0.03537
Question: and converted from a decimal into a percentage?
| 3.53735 |
CONVFINQA5745 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
cross-border outstandings to countries in which we do business which amounted to at least 1% ( 1 % ) of our consolidated total assets were as follows as of december 31 : 2007 2006 2005 ( in millions ) . <table class='wikitable'><tr><td>1</td><td>( in millions )</td><td>2007</td><td>2006</td><td>2005</td></tr><tr><td>2</td><td>united kingdom</td><td>$ 5951</td><td>$ 5531</td><td>$ 2696</td></tr><tr><td>3</td><td>canada</td><td>4565</td><td>2014</td><td>1463</td></tr><tr><td>4</td><td>australia</td><td>3567</td><td>1519</td><td>1441</td></tr><tr><td>5</td><td>netherlands</td><td>2014</td><td>2014</td><td>992</td></tr><tr><td>6</td><td>germany</td><td>2944</td><td>2696</td><td>4217</td></tr><tr><td>7</td><td>total cross-border outstandings</td><td>$ 17027</td><td>$ 9746</td><td>$ 10809</td></tr></table> the total cross-border outstandings presented in the table represented 12% ( 12 % ) , 9% ( 9 % ) and 11% ( 11 % ) of our consolidated total assets as of december 31 , 2007 , 2006 and 2005 , respectively . there were no cross- border outstandings to countries which totaled between .75% ( .75 % ) and 1% ( 1 % ) of our consolidated total assets as of december 31 , 2007 . aggregate cross-border outstandings to countries which totaled between .75% ( .75 % ) and 1% ( 1 % ) of our consolidated total assets at december 31 , 2006 , amounted to $ 1.05 billion ( canada ) and at december 31 , 2005 , amounted to $ 1.86 billion ( belgium and japan ) . capital regulatory and economic capital management both use key metrics evaluated by management to ensure that our actual level of capital is commensurate with our risk profile , is in compliance with all regulatory requirements , and is sufficient to provide us with the financial flexibility to undertake future strategic business initiatives . regulatory capital our objective with respect to regulatory capital management is to maintain a strong capital base in order to provide financial flexibility for our business needs , including funding corporate growth and supporting customers 2019 cash management needs , and to provide protection against loss to depositors and creditors . we strive to maintain an optimal level of capital , commensurate with our risk profile , on which an attractive return to shareholders will be realized over both the short and long term , while protecting our obligations to depositors and creditors and satisfying regulatory requirements . our capital management process focuses on our risk exposures , our capital position relative to our peers , regulatory capital requirements and the evaluations of the major independent credit rating agencies that assign ratings to our public debt . the capital committee , working in conjunction with the asset and liability committee , referred to as 2018 2018alco , 2019 2019 oversees the management of regulatory capital , and is responsible for ensuring capital adequacy with respect to regulatory requirements , internal targets and the expectations of the major independent credit rating agencies . the primary regulator of both state street and state street bank for regulatory capital purposes is the federal reserve board . both state street and state street bank are subject to the minimum capital requirements established by the federal reserve board and defined in the federal deposit insurance corporation improvement act of 1991 . state street bank must meet the regulatory capital thresholds for 2018 2018well capitalized 2019 2019 in order for the parent company to maintain its status as a financial holding company. .
Question: what was the change in cross-border outstandings in the uk between 2006 and 2007?
| 420.0 |
CONVFINQA5746 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
cross-border outstandings to countries in which we do business which amounted to at least 1% ( 1 % ) of our consolidated total assets were as follows as of december 31 : 2007 2006 2005 ( in millions ) . <table class='wikitable'><tr><td>1</td><td>( in millions )</td><td>2007</td><td>2006</td><td>2005</td></tr><tr><td>2</td><td>united kingdom</td><td>$ 5951</td><td>$ 5531</td><td>$ 2696</td></tr><tr><td>3</td><td>canada</td><td>4565</td><td>2014</td><td>1463</td></tr><tr><td>4</td><td>australia</td><td>3567</td><td>1519</td><td>1441</td></tr><tr><td>5</td><td>netherlands</td><td>2014</td><td>2014</td><td>992</td></tr><tr><td>6</td><td>germany</td><td>2944</td><td>2696</td><td>4217</td></tr><tr><td>7</td><td>total cross-border outstandings</td><td>$ 17027</td><td>$ 9746</td><td>$ 10809</td></tr></table> the total cross-border outstandings presented in the table represented 12% ( 12 % ) , 9% ( 9 % ) and 11% ( 11 % ) of our consolidated total assets as of december 31 , 2007 , 2006 and 2005 , respectively . there were no cross- border outstandings to countries which totaled between .75% ( .75 % ) and 1% ( 1 % ) of our consolidated total assets as of december 31 , 2007 . aggregate cross-border outstandings to countries which totaled between .75% ( .75 % ) and 1% ( 1 % ) of our consolidated total assets at december 31 , 2006 , amounted to $ 1.05 billion ( canada ) and at december 31 , 2005 , amounted to $ 1.86 billion ( belgium and japan ) . capital regulatory and economic capital management both use key metrics evaluated by management to ensure that our actual level of capital is commensurate with our risk profile , is in compliance with all regulatory requirements , and is sufficient to provide us with the financial flexibility to undertake future strategic business initiatives . regulatory capital our objective with respect to regulatory capital management is to maintain a strong capital base in order to provide financial flexibility for our business needs , including funding corporate growth and supporting customers 2019 cash management needs , and to provide protection against loss to depositors and creditors . we strive to maintain an optimal level of capital , commensurate with our risk profile , on which an attractive return to shareholders will be realized over both the short and long term , while protecting our obligations to depositors and creditors and satisfying regulatory requirements . our capital management process focuses on our risk exposures , our capital position relative to our peers , regulatory capital requirements and the evaluations of the major independent credit rating agencies that assign ratings to our public debt . the capital committee , working in conjunction with the asset and liability committee , referred to as 2018 2018alco , 2019 2019 oversees the management of regulatory capital , and is responsible for ensuring capital adequacy with respect to regulatory requirements , internal targets and the expectations of the major independent credit rating agencies . the primary regulator of both state street and state street bank for regulatory capital purposes is the federal reserve board . both state street and state street bank are subject to the minimum capital requirements established by the federal reserve board and defined in the federal deposit insurance corporation improvement act of 1991 . state street bank must meet the regulatory capital thresholds for 2018 2018well capitalized 2019 2019 in order for the parent company to maintain its status as a financial holding company. .
Question: what was the change in cross-border outstandings in the uk between 2006 and 2007?
Answer: 420.0
Question: and the percentage change of this value?
| 0.07594 |
CONVFINQA5747 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
cross-border outstandings to countries in which we do business which amounted to at least 1% ( 1 % ) of our consolidated total assets were as follows as of december 31 : 2007 2006 2005 ( in millions ) . <table class='wikitable'><tr><td>1</td><td>( in millions )</td><td>2007</td><td>2006</td><td>2005</td></tr><tr><td>2</td><td>united kingdom</td><td>$ 5951</td><td>$ 5531</td><td>$ 2696</td></tr><tr><td>3</td><td>canada</td><td>4565</td><td>2014</td><td>1463</td></tr><tr><td>4</td><td>australia</td><td>3567</td><td>1519</td><td>1441</td></tr><tr><td>5</td><td>netherlands</td><td>2014</td><td>2014</td><td>992</td></tr><tr><td>6</td><td>germany</td><td>2944</td><td>2696</td><td>4217</td></tr><tr><td>7</td><td>total cross-border outstandings</td><td>$ 17027</td><td>$ 9746</td><td>$ 10809</td></tr></table> the total cross-border outstandings presented in the table represented 12% ( 12 % ) , 9% ( 9 % ) and 11% ( 11 % ) of our consolidated total assets as of december 31 , 2007 , 2006 and 2005 , respectively . there were no cross- border outstandings to countries which totaled between .75% ( .75 % ) and 1% ( 1 % ) of our consolidated total assets as of december 31 , 2007 . aggregate cross-border outstandings to countries which totaled between .75% ( .75 % ) and 1% ( 1 % ) of our consolidated total assets at december 31 , 2006 , amounted to $ 1.05 billion ( canada ) and at december 31 , 2005 , amounted to $ 1.86 billion ( belgium and japan ) . capital regulatory and economic capital management both use key metrics evaluated by management to ensure that our actual level of capital is commensurate with our risk profile , is in compliance with all regulatory requirements , and is sufficient to provide us with the financial flexibility to undertake future strategic business initiatives . regulatory capital our objective with respect to regulatory capital management is to maintain a strong capital base in order to provide financial flexibility for our business needs , including funding corporate growth and supporting customers 2019 cash management needs , and to provide protection against loss to depositors and creditors . we strive to maintain an optimal level of capital , commensurate with our risk profile , on which an attractive return to shareholders will be realized over both the short and long term , while protecting our obligations to depositors and creditors and satisfying regulatory requirements . our capital management process focuses on our risk exposures , our capital position relative to our peers , regulatory capital requirements and the evaluations of the major independent credit rating agencies that assign ratings to our public debt . the capital committee , working in conjunction with the asset and liability committee , referred to as 2018 2018alco , 2019 2019 oversees the management of regulatory capital , and is responsible for ensuring capital adequacy with respect to regulatory requirements , internal targets and the expectations of the major independent credit rating agencies . the primary regulator of both state street and state street bank for regulatory capital purposes is the federal reserve board . both state street and state street bank are subject to the minimum capital requirements established by the federal reserve board and defined in the federal deposit insurance corporation improvement act of 1991 . state street bank must meet the regulatory capital thresholds for 2018 2018well capitalized 2019 2019 in order for the parent company to maintain its status as a financial holding company. .
Question: what was the change in cross-border outstandings in the uk between 2006 and 2007?
Answer: 420.0
Question: and the percentage change of this value?
Answer: 0.07594
Question: what are the total consolidated assets in 2006?
| 108288.88889 |
CONVFINQA5748 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
eog resources , inc . supplemental information to consolidated financial statements ( continued ) net proved undeveloped reserves . the following table presents the changes in eog's total proved undeveloped reserves during 2018 , 2017 and 2016 ( in mboe ) : . <table class='wikitable'><tr><td>1</td><td>-</td><td>2018</td><td>2017</td><td>2016</td></tr><tr><td>2</td><td>balance at january 1</td><td>1162635</td><td>1053027</td><td>1045640</td></tr><tr><td>3</td><td>extensions and discoveries</td><td>490725</td><td>237378</td><td>138101</td></tr><tr><td>4</td><td>revisions</td><td>-8244 ( 8244 )</td><td>33127</td><td>64413</td></tr><tr><td>5</td><td>acquisition of reserves</td><td>311</td><td>2014</td><td>2014</td></tr><tr><td>6</td><td>sale of reserves</td><td>2014</td><td>-8253 ( 8253 )</td><td>-45917 ( 45917 )</td></tr><tr><td>7</td><td>conversion to proved developed reserves</td><td>-265718 ( 265718 )</td><td>-152644 ( 152644 )</td><td>-149210 ( 149210 )</td></tr><tr><td>8</td><td>balance at december 31</td><td>1379709</td><td>1162635</td><td>1053027</td></tr></table> for the twelve-month period ended december 31 , 2018 , total puds increased by 217 mmboe to 1380 mmboe . eog added approximately 31 mmboe of puds through drilling activities where the wells were drilled but significant expenditures remained for completion . based on the technology employed by eog to identify and record puds ( see discussion of technology employed on pages f-36 and f-37 of this annual report on form 10-k ) , eog added 460 mmboe . the pud additions were primarily in the permian basin , anadarko basin , the eagle ford and , to a lesser extent , the rocky mountain area , and 80% ( 80 % ) of the additions were crude oil and condensate and ngls . during 2018 , eog drilled and transferred 266 mmboe of puds to proved developed reserves at a total capital cost of $ 2745 million . all puds , including drilled but uncompleted wells ( ducs ) , are scheduled for completion within five years of the original reserve booking . for the twelve-month period ended december 31 , 2017 , total puds increased by 110 mmboe to 1163 mmboe . eog added approximately 38 mmboe of puds through drilling activities where the wells were drilled but significant expenditures remained for completion . based on the technology employed by eog to identify and record puds , eog added 199 mmboe . the pud additions were primarily in the permian basin and , to a lesser extent , the eagle ford and the rocky mountain area , and 74% ( 74 % ) of the additions were crude oil and condensate and ngls . during 2017 , eog drilled and transferred 153 mmboe of puds to proved developed reserves at a total capital cost of $ 1440 million . revisions of puds totaled positive 33 mmboe , primarily due to updated type curves resulting from improved performance of offsetting wells in the permian basin , the impact of increases in the average crude oil and natural gas prices used in the december 31 , 2017 , reserves estimation as compared to the prices used in the prior year estimate , and lower costs . during 2017 , eog sold or exchanged 8 mmboe of puds primarily in the permian basin . for the twelve-month period ended december 31 , 2016 , total puds increased by 7 mmboe to 1053 mmboe . eog added approximately 21 mmboe of puds through drilling activities where the wells were drilled but significant expenditures remained for completion . based on the technology employed by eog to identify and record puds , eog added 117 mmboe . the pud additions were primarily in the permian basin and , to a lesser extent , the rocky mountain area , and 82% ( 82 % ) of the additions were crude oil and condensate and ngls . during 2016 , eog drilled and transferred 149 mmboe of puds to proved developed reserves at a total capital cost of $ 1230 million . revisions of puds totaled positive 64 mmboe , primarily due to improved well performance , primarily in the delaware basin , and lower production costs , partially offset by the impact of decreases in the average crude oil and natural gas prices used in the december 31 , 2016 , reserves estimation as compared to the prices used in the prior year estimate . during 2016 , eog sold 46 mmboe of puds primarily in the haynesville play. .
Question: how much does the initial balance of 2018 represents in relation to that of 2017?
| 1.10409 |
CONVFINQA5749 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
eog resources , inc . supplemental information to consolidated financial statements ( continued ) net proved undeveloped reserves . the following table presents the changes in eog's total proved undeveloped reserves during 2018 , 2017 and 2016 ( in mboe ) : . <table class='wikitable'><tr><td>1</td><td>-</td><td>2018</td><td>2017</td><td>2016</td></tr><tr><td>2</td><td>balance at january 1</td><td>1162635</td><td>1053027</td><td>1045640</td></tr><tr><td>3</td><td>extensions and discoveries</td><td>490725</td><td>237378</td><td>138101</td></tr><tr><td>4</td><td>revisions</td><td>-8244 ( 8244 )</td><td>33127</td><td>64413</td></tr><tr><td>5</td><td>acquisition of reserves</td><td>311</td><td>2014</td><td>2014</td></tr><tr><td>6</td><td>sale of reserves</td><td>2014</td><td>-8253 ( 8253 )</td><td>-45917 ( 45917 )</td></tr><tr><td>7</td><td>conversion to proved developed reserves</td><td>-265718 ( 265718 )</td><td>-152644 ( 152644 )</td><td>-149210 ( 149210 )</td></tr><tr><td>8</td><td>balance at december 31</td><td>1379709</td><td>1162635</td><td>1053027</td></tr></table> for the twelve-month period ended december 31 , 2018 , total puds increased by 217 mmboe to 1380 mmboe . eog added approximately 31 mmboe of puds through drilling activities where the wells were drilled but significant expenditures remained for completion . based on the technology employed by eog to identify and record puds ( see discussion of technology employed on pages f-36 and f-37 of this annual report on form 10-k ) , eog added 460 mmboe . the pud additions were primarily in the permian basin , anadarko basin , the eagle ford and , to a lesser extent , the rocky mountain area , and 80% ( 80 % ) of the additions were crude oil and condensate and ngls . during 2018 , eog drilled and transferred 266 mmboe of puds to proved developed reserves at a total capital cost of $ 2745 million . all puds , including drilled but uncompleted wells ( ducs ) , are scheduled for completion within five years of the original reserve booking . for the twelve-month period ended december 31 , 2017 , total puds increased by 110 mmboe to 1163 mmboe . eog added approximately 38 mmboe of puds through drilling activities where the wells were drilled but significant expenditures remained for completion . based on the technology employed by eog to identify and record puds , eog added 199 mmboe . the pud additions were primarily in the permian basin and , to a lesser extent , the eagle ford and the rocky mountain area , and 74% ( 74 % ) of the additions were crude oil and condensate and ngls . during 2017 , eog drilled and transferred 153 mmboe of puds to proved developed reserves at a total capital cost of $ 1440 million . revisions of puds totaled positive 33 mmboe , primarily due to updated type curves resulting from improved performance of offsetting wells in the permian basin , the impact of increases in the average crude oil and natural gas prices used in the december 31 , 2017 , reserves estimation as compared to the prices used in the prior year estimate , and lower costs . during 2017 , eog sold or exchanged 8 mmboe of puds primarily in the permian basin . for the twelve-month period ended december 31 , 2016 , total puds increased by 7 mmboe to 1053 mmboe . eog added approximately 21 mmboe of puds through drilling activities where the wells were drilled but significant expenditures remained for completion . based on the technology employed by eog to identify and record puds , eog added 117 mmboe . the pud additions were primarily in the permian basin and , to a lesser extent , the rocky mountain area , and 82% ( 82 % ) of the additions were crude oil and condensate and ngls . during 2016 , eog drilled and transferred 149 mmboe of puds to proved developed reserves at a total capital cost of $ 1230 million . revisions of puds totaled positive 64 mmboe , primarily due to improved well performance , primarily in the delaware basin , and lower production costs , partially offset by the impact of decreases in the average crude oil and natural gas prices used in the december 31 , 2016 , reserves estimation as compared to the prices used in the prior year estimate . during 2016 , eog sold 46 mmboe of puds primarily in the haynesville play. .
Question: how much does the initial balance of 2018 represents in relation to that of 2017?
Answer: 1.10409
Question: which number represents 100% in base 1?
| 1.0 |
CONVFINQA5750 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
eog resources , inc . supplemental information to consolidated financial statements ( continued ) net proved undeveloped reserves . the following table presents the changes in eog's total proved undeveloped reserves during 2018 , 2017 and 2016 ( in mboe ) : . <table class='wikitable'><tr><td>1</td><td>-</td><td>2018</td><td>2017</td><td>2016</td></tr><tr><td>2</td><td>balance at january 1</td><td>1162635</td><td>1053027</td><td>1045640</td></tr><tr><td>3</td><td>extensions and discoveries</td><td>490725</td><td>237378</td><td>138101</td></tr><tr><td>4</td><td>revisions</td><td>-8244 ( 8244 )</td><td>33127</td><td>64413</td></tr><tr><td>5</td><td>acquisition of reserves</td><td>311</td><td>2014</td><td>2014</td></tr><tr><td>6</td><td>sale of reserves</td><td>2014</td><td>-8253 ( 8253 )</td><td>-45917 ( 45917 )</td></tr><tr><td>7</td><td>conversion to proved developed reserves</td><td>-265718 ( 265718 )</td><td>-152644 ( 152644 )</td><td>-149210 ( 149210 )</td></tr><tr><td>8</td><td>balance at december 31</td><td>1379709</td><td>1162635</td><td>1053027</td></tr></table> for the twelve-month period ended december 31 , 2018 , total puds increased by 217 mmboe to 1380 mmboe . eog added approximately 31 mmboe of puds through drilling activities where the wells were drilled but significant expenditures remained for completion . based on the technology employed by eog to identify and record puds ( see discussion of technology employed on pages f-36 and f-37 of this annual report on form 10-k ) , eog added 460 mmboe . the pud additions were primarily in the permian basin , anadarko basin , the eagle ford and , to a lesser extent , the rocky mountain area , and 80% ( 80 % ) of the additions were crude oil and condensate and ngls . during 2018 , eog drilled and transferred 266 mmboe of puds to proved developed reserves at a total capital cost of $ 2745 million . all puds , including drilled but uncompleted wells ( ducs ) , are scheduled for completion within five years of the original reserve booking . for the twelve-month period ended december 31 , 2017 , total puds increased by 110 mmboe to 1163 mmboe . eog added approximately 38 mmboe of puds through drilling activities where the wells were drilled but significant expenditures remained for completion . based on the technology employed by eog to identify and record puds , eog added 199 mmboe . the pud additions were primarily in the permian basin and , to a lesser extent , the eagle ford and the rocky mountain area , and 74% ( 74 % ) of the additions were crude oil and condensate and ngls . during 2017 , eog drilled and transferred 153 mmboe of puds to proved developed reserves at a total capital cost of $ 1440 million . revisions of puds totaled positive 33 mmboe , primarily due to updated type curves resulting from improved performance of offsetting wells in the permian basin , the impact of increases in the average crude oil and natural gas prices used in the december 31 , 2017 , reserves estimation as compared to the prices used in the prior year estimate , and lower costs . during 2017 , eog sold or exchanged 8 mmboe of puds primarily in the permian basin . for the twelve-month period ended december 31 , 2016 , total puds increased by 7 mmboe to 1053 mmboe . eog added approximately 21 mmboe of puds through drilling activities where the wells were drilled but significant expenditures remained for completion . based on the technology employed by eog to identify and record puds , eog added 117 mmboe . the pud additions were primarily in the permian basin and , to a lesser extent , the rocky mountain area , and 82% ( 82 % ) of the additions were crude oil and condensate and ngls . during 2016 , eog drilled and transferred 149 mmboe of puds to proved developed reserves at a total capital cost of $ 1230 million . revisions of puds totaled positive 64 mmboe , primarily due to improved well performance , primarily in the delaware basin , and lower production costs , partially offset by the impact of decreases in the average crude oil and natural gas prices used in the december 31 , 2016 , reserves estimation as compared to the prices used in the prior year estimate . during 2016 , eog sold 46 mmboe of puds primarily in the haynesville play. .
Question: how much does the initial balance of 2018 represents in relation to that of 2017?
Answer: 1.10409
Question: which number represents 100% in base 1?
Answer: 1.0
Question: what is the difference between that division and 1?
| 0.10409 |
CONVFINQA5751 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
the aes corporation notes to consolidated financial statements 2014 ( continued ) december 31 , 2018 , 2017 , and 2016 the following is a reconciliation of the beginning and ending amounts of unrecognized tax benefits for the periods indicated ( in millions ) : . <table class='wikitable'><tr><td>1</td><td>-</td><td>2018</td><td>2017</td><td>2016</td></tr><tr><td>2</td><td>balance at january 1</td><td>$ 348</td><td>$ 352</td><td>$ 364</td></tr><tr><td>3</td><td>additions for current year tax positions</td><td>2</td><td>2014</td><td>2</td></tr><tr><td>4</td><td>additions for tax positions of prior years</td><td>146</td><td>2</td><td>1</td></tr><tr><td>5</td><td>reductions for tax positions of prior years</td><td>( 26 )</td><td>( 5 )</td><td>( 1 )</td></tr><tr><td>6</td><td>settlements</td><td>2014</td><td>2014</td><td>( 13 )</td></tr><tr><td>7</td><td>lapse of statute of limitations</td><td>( 7 )</td><td>( 1 )</td><td>( 1 )</td></tr><tr><td>8</td><td>balance at december 31</td><td>$ 463</td><td>$ 348</td><td>$ 352</td></tr></table> the company and certain of its subsidiaries are currently under examination by the relevant taxing authorities for various tax years . the company regularly assesses the potential outcome of these examinations in each of the taxing jurisdictions when determining the adequacy of the amount of unrecognized tax benefit recorded . while it is often difficult to predict the final outcome or the timing of resolution of any particular uncertain tax position , we believe we have appropriately accrued for our uncertain tax benefits . however , audit outcomes and the timing of audit settlements and future events that would impact our previously recorded unrecognized tax benefits and the range of anticipated increases or decreases in unrecognized tax benefits are subject to significant uncertainty . it is possible that the ultimate outcome of current or future examinations may exceed our provision for current unrecognized tax benefits in amounts that could be material , but cannot be estimated as of december 31 , 2018 . our effective tax rate and net income in any given future period could therefore be materially impacted . 22 . discontinued operations due to a portfolio evaluation in the first half of 2016 , management decided to pursue a strategic shift of its distribution companies in brazil , sul and eletropaulo , to reduce the company's exposure to the brazilian distribution market . the disposals of sul and eletropaulo were completed in october 2016 and june 2018 , respectively . eletropaulo 2014 in november 2017 , eletropaulo converted its preferred shares into ordinary shares and transitioned the listing of those shares to the novo mercado , which is a listing segment of the brazilian stock exchange with the highest standards of corporate governance . upon conversion of the preferred shares into ordinary shares , aes no longer controlled eletropaulo , but maintained significant influence over the business . as a result , the company deconsolidated eletropaulo . after deconsolidation , the company's 17% ( 17 % ) ownership interest was reflected as an equity method investment . the company recorded an after-tax loss on deconsolidation of $ 611 million , which primarily consisted of $ 455 million related to cumulative translation losses and $ 243 million related to pension losses reclassified from aocl . in december 2017 , all the remaining criteria were met for eletropaulo to qualify as a discontinued operation . therefore , its results of operations and financial position were reported as such in the consolidated financial statements for all periods presented . in june 2018 , the company completed the sale of its entire 17% ( 17 % ) ownership interest in eletropaulo through a bidding process hosted by the brazilian securities regulator , cvm . gross proceeds of $ 340 million were received at our subsidiary in brazil , subject to the payment of taxes . upon disposal of eletropaulo , the company recorded a pre-tax gain on sale of $ 243 million ( after-tax $ 199 million ) . excluding the gain on sale , eletropaulo's pre-tax loss attributable to aes was immaterial for the year ended december 31 , 2018 . eletropaulo's pre-tax loss attributable to aes , including the loss on deconsolidation , for the years ended december 31 , 2017 and 2016 was $ 633 million and $ 192 million , respectively . prior to its classification as discontinued operations , eletropaulo was reported in the south america sbu reportable segment . sul 2014 the company executed an agreement for the sale of sul , a wholly-owned subsidiary , in june 2016 . the results of operations and financial position of sul are reported as discontinued operations in the consolidated financial statements for all periods presented . upon meeting the held-for-sale criteria , the company recognized an after-tax loss of $ 382 million comprised of a pre-tax impairment charge of $ 783 million , offset by a tax benefit of $ 266 million related to the impairment of the sul long lived assets and a tax benefit of $ 135 million for deferred taxes related to the investment in sul . prior to the impairment charge , the carrying value of the sul asset group of $ 1.6 billion was greater than its approximate fair value less costs to sell . however , the impairment charge was limited to the carrying value of the long lived assets of the sul disposal group. .
Question: what was the variation of the unrecognized tax benefits at year end between 2016 and 2017?
| -4.0 |
CONVFINQA5752 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
the aes corporation notes to consolidated financial statements 2014 ( continued ) december 31 , 2018 , 2017 , and 2016 the following is a reconciliation of the beginning and ending amounts of unrecognized tax benefits for the periods indicated ( in millions ) : . <table class='wikitable'><tr><td>1</td><td>-</td><td>2018</td><td>2017</td><td>2016</td></tr><tr><td>2</td><td>balance at january 1</td><td>$ 348</td><td>$ 352</td><td>$ 364</td></tr><tr><td>3</td><td>additions for current year tax positions</td><td>2</td><td>2014</td><td>2</td></tr><tr><td>4</td><td>additions for tax positions of prior years</td><td>146</td><td>2</td><td>1</td></tr><tr><td>5</td><td>reductions for tax positions of prior years</td><td>( 26 )</td><td>( 5 )</td><td>( 1 )</td></tr><tr><td>6</td><td>settlements</td><td>2014</td><td>2014</td><td>( 13 )</td></tr><tr><td>7</td><td>lapse of statute of limitations</td><td>( 7 )</td><td>( 1 )</td><td>( 1 )</td></tr><tr><td>8</td><td>balance at december 31</td><td>$ 463</td><td>$ 348</td><td>$ 352</td></tr></table> the company and certain of its subsidiaries are currently under examination by the relevant taxing authorities for various tax years . the company regularly assesses the potential outcome of these examinations in each of the taxing jurisdictions when determining the adequacy of the amount of unrecognized tax benefit recorded . while it is often difficult to predict the final outcome or the timing of resolution of any particular uncertain tax position , we believe we have appropriately accrued for our uncertain tax benefits . however , audit outcomes and the timing of audit settlements and future events that would impact our previously recorded unrecognized tax benefits and the range of anticipated increases or decreases in unrecognized tax benefits are subject to significant uncertainty . it is possible that the ultimate outcome of current or future examinations may exceed our provision for current unrecognized tax benefits in amounts that could be material , but cannot be estimated as of december 31 , 2018 . our effective tax rate and net income in any given future period could therefore be materially impacted . 22 . discontinued operations due to a portfolio evaluation in the first half of 2016 , management decided to pursue a strategic shift of its distribution companies in brazil , sul and eletropaulo , to reduce the company's exposure to the brazilian distribution market . the disposals of sul and eletropaulo were completed in october 2016 and june 2018 , respectively . eletropaulo 2014 in november 2017 , eletropaulo converted its preferred shares into ordinary shares and transitioned the listing of those shares to the novo mercado , which is a listing segment of the brazilian stock exchange with the highest standards of corporate governance . upon conversion of the preferred shares into ordinary shares , aes no longer controlled eletropaulo , but maintained significant influence over the business . as a result , the company deconsolidated eletropaulo . after deconsolidation , the company's 17% ( 17 % ) ownership interest was reflected as an equity method investment . the company recorded an after-tax loss on deconsolidation of $ 611 million , which primarily consisted of $ 455 million related to cumulative translation losses and $ 243 million related to pension losses reclassified from aocl . in december 2017 , all the remaining criteria were met for eletropaulo to qualify as a discontinued operation . therefore , its results of operations and financial position were reported as such in the consolidated financial statements for all periods presented . in june 2018 , the company completed the sale of its entire 17% ( 17 % ) ownership interest in eletropaulo through a bidding process hosted by the brazilian securities regulator , cvm . gross proceeds of $ 340 million were received at our subsidiary in brazil , subject to the payment of taxes . upon disposal of eletropaulo , the company recorded a pre-tax gain on sale of $ 243 million ( after-tax $ 199 million ) . excluding the gain on sale , eletropaulo's pre-tax loss attributable to aes was immaterial for the year ended december 31 , 2018 . eletropaulo's pre-tax loss attributable to aes , including the loss on deconsolidation , for the years ended december 31 , 2017 and 2016 was $ 633 million and $ 192 million , respectively . prior to its classification as discontinued operations , eletropaulo was reported in the south america sbu reportable segment . sul 2014 the company executed an agreement for the sale of sul , a wholly-owned subsidiary , in june 2016 . the results of operations and financial position of sul are reported as discontinued operations in the consolidated financial statements for all periods presented . upon meeting the held-for-sale criteria , the company recognized an after-tax loss of $ 382 million comprised of a pre-tax impairment charge of $ 783 million , offset by a tax benefit of $ 266 million related to the impairment of the sul long lived assets and a tax benefit of $ 135 million for deferred taxes related to the investment in sul . prior to the impairment charge , the carrying value of the sul asset group of $ 1.6 billion was greater than its approximate fair value less costs to sell . however , the impairment charge was limited to the carrying value of the long lived assets of the sul disposal group. .
Question: what was the variation of the unrecognized tax benefits at year end between 2016 and 2017?
Answer: -4.0
Question: and what is this variation as a percentage of those benefits in 2016?
| -0.01136 |
CONVFINQA5753 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
the aes corporation notes to consolidated financial statements 2014 ( continued ) december 31 , 2018 , 2017 , and 2016 the following is a reconciliation of the beginning and ending amounts of unrecognized tax benefits for the periods indicated ( in millions ) : . <table class='wikitable'><tr><td>1</td><td>-</td><td>2018</td><td>2017</td><td>2016</td></tr><tr><td>2</td><td>balance at january 1</td><td>$ 348</td><td>$ 352</td><td>$ 364</td></tr><tr><td>3</td><td>additions for current year tax positions</td><td>2</td><td>2014</td><td>2</td></tr><tr><td>4</td><td>additions for tax positions of prior years</td><td>146</td><td>2</td><td>1</td></tr><tr><td>5</td><td>reductions for tax positions of prior years</td><td>( 26 )</td><td>( 5 )</td><td>( 1 )</td></tr><tr><td>6</td><td>settlements</td><td>2014</td><td>2014</td><td>( 13 )</td></tr><tr><td>7</td><td>lapse of statute of limitations</td><td>( 7 )</td><td>( 1 )</td><td>( 1 )</td></tr><tr><td>8</td><td>balance at december 31</td><td>$ 463</td><td>$ 348</td><td>$ 352</td></tr></table> the company and certain of its subsidiaries are currently under examination by the relevant taxing authorities for various tax years . the company regularly assesses the potential outcome of these examinations in each of the taxing jurisdictions when determining the adequacy of the amount of unrecognized tax benefit recorded . while it is often difficult to predict the final outcome or the timing of resolution of any particular uncertain tax position , we believe we have appropriately accrued for our uncertain tax benefits . however , audit outcomes and the timing of audit settlements and future events that would impact our previously recorded unrecognized tax benefits and the range of anticipated increases or decreases in unrecognized tax benefits are subject to significant uncertainty . it is possible that the ultimate outcome of current or future examinations may exceed our provision for current unrecognized tax benefits in amounts that could be material , but cannot be estimated as of december 31 , 2018 . our effective tax rate and net income in any given future period could therefore be materially impacted . 22 . discontinued operations due to a portfolio evaluation in the first half of 2016 , management decided to pursue a strategic shift of its distribution companies in brazil , sul and eletropaulo , to reduce the company's exposure to the brazilian distribution market . the disposals of sul and eletropaulo were completed in october 2016 and june 2018 , respectively . eletropaulo 2014 in november 2017 , eletropaulo converted its preferred shares into ordinary shares and transitioned the listing of those shares to the novo mercado , which is a listing segment of the brazilian stock exchange with the highest standards of corporate governance . upon conversion of the preferred shares into ordinary shares , aes no longer controlled eletropaulo , but maintained significant influence over the business . as a result , the company deconsolidated eletropaulo . after deconsolidation , the company's 17% ( 17 % ) ownership interest was reflected as an equity method investment . the company recorded an after-tax loss on deconsolidation of $ 611 million , which primarily consisted of $ 455 million related to cumulative translation losses and $ 243 million related to pension losses reclassified from aocl . in december 2017 , all the remaining criteria were met for eletropaulo to qualify as a discontinued operation . therefore , its results of operations and financial position were reported as such in the consolidated financial statements for all periods presented . in june 2018 , the company completed the sale of its entire 17% ( 17 % ) ownership interest in eletropaulo through a bidding process hosted by the brazilian securities regulator , cvm . gross proceeds of $ 340 million were received at our subsidiary in brazil , subject to the payment of taxes . upon disposal of eletropaulo , the company recorded a pre-tax gain on sale of $ 243 million ( after-tax $ 199 million ) . excluding the gain on sale , eletropaulo's pre-tax loss attributable to aes was immaterial for the year ended december 31 , 2018 . eletropaulo's pre-tax loss attributable to aes , including the loss on deconsolidation , for the years ended december 31 , 2017 and 2016 was $ 633 million and $ 192 million , respectively . prior to its classification as discontinued operations , eletropaulo was reported in the south america sbu reportable segment . sul 2014 the company executed an agreement for the sale of sul , a wholly-owned subsidiary , in june 2016 . the results of operations and financial position of sul are reported as discontinued operations in the consolidated financial statements for all periods presented . upon meeting the held-for-sale criteria , the company recognized an after-tax loss of $ 382 million comprised of a pre-tax impairment charge of $ 783 million , offset by a tax benefit of $ 266 million related to the impairment of the sul long lived assets and a tax benefit of $ 135 million for deferred taxes related to the investment in sul . prior to the impairment charge , the carrying value of the sul asset group of $ 1.6 billion was greater than its approximate fair value less costs to sell . however , the impairment charge was limited to the carrying value of the long lived assets of the sul disposal group. .
Question: what was the variation of the unrecognized tax benefits at year end between 2016 and 2017?
Answer: -4.0
Question: and what is this variation as a percentage of those benefits in 2016?
Answer: -0.01136
Question: and concerning eletropaulo, what was its implied value as of june of the year subsequent to this period, in millions?
| 2000.0 |
CONVFINQA5754 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
local consumer lending local consumer lending ( lcl ) , which constituted approximately 70% ( 70 % ) of citi holdings by assets as of december 31 , 2010 , includes a portion of citigroup 2019s north american mortgage business , retail partner cards , western european cards and retail banking , citifinancial north america and other local consumer finance businesses globally . the student loan corporation is reported as discontinued operations within the corporate/other segment for the second half of 2010 only . at december 31 , 2010 , lcl had $ 252 billion of assets ( $ 226 billion in north america ) . approximately $ 129 billion of assets in lcl as of december 31 , 2010 consisted of u.s . mortgages in the company 2019s citimortgage and citifinancial operations . the north american assets consist of residential mortgage loans ( first and second mortgages ) , retail partner card loans , personal loans , commercial real estate ( cre ) , and other consumer loans and assets . in millions of dollars 2010 2009 2008 % ( % ) change 2010 vs . 2009 % ( % ) change 2009 vs . 2008 . <table class='wikitable'><tr><td>1</td><td>in millions of dollars</td><td>2010</td><td>2009</td><td>2008</td><td>% ( % ) change 2010 vs . 2009</td><td>% ( % ) change 2009 vs . 2008</td></tr><tr><td>2</td><td>net interest revenue</td><td>$ 13831</td><td>$ 12995</td><td>$ 17136</td><td>6% ( 6 % )</td><td>( 24 ) % ( % )</td></tr><tr><td>3</td><td>non-interest revenue</td><td>1995</td><td>4770</td><td>6362</td><td>-58 ( 58 )</td><td>-25 ( 25 )</td></tr><tr><td>4</td><td>total revenues net of interest expense</td><td>$ 15826</td><td>$ 17765</td><td>$ 23498</td><td>( 11 ) % ( % )</td><td>( 24 ) % ( % )</td></tr><tr><td>5</td><td>total operating expenses</td><td>$ 8064</td><td>$ 9799</td><td>$ 14238</td><td>( 18 ) % ( % )</td><td>( 31 ) % ( % )</td></tr><tr><td>6</td><td>net credit losses</td><td>$ 17040</td><td>$ 19185</td><td>$ 13111</td><td>( 11 ) % ( % )</td><td>46% ( 46 % )</td></tr><tr><td>7</td><td>credit reserve build ( release )</td><td>-1771 ( 1771 )</td><td>5799</td><td>8573</td><td>nm</td><td>-32 ( 32 )</td></tr><tr><td>8</td><td>provision for benefits and claims</td><td>775</td><td>1054</td><td>1192</td><td>-26 ( 26 )</td><td>-12 ( 12 )</td></tr><tr><td>9</td><td>provision for unfunded lending commitments</td><td>2014</td><td>2014</td><td>2014</td><td>2014</td><td>2014</td></tr><tr><td>10</td><td>provisions for credit losses and for benefits and claims</td><td>$ 16044</td><td>$ 26038</td><td>$ 22876</td><td>( 38 ) % ( % )</td><td>14% ( 14 % )</td></tr><tr><td>11</td><td>( loss ) from continuing operations before taxes</td><td>$ -8282 ( 8282 )</td><td>$ -18072 ( 18072 )</td><td>$ -13616 ( 13616 )</td><td>54% ( 54 % )</td><td>( 33 ) % ( % )</td></tr><tr><td>12</td><td>benefits for income taxes</td><td>-3289 ( 3289 )</td><td>-7656 ( 7656 )</td><td>-5259 ( 5259 )</td><td>57</td><td>-46 ( 46 )</td></tr><tr><td>13</td><td>( loss ) from continuing operations</td><td>$ -4993 ( 4993 )</td><td>$ -10416 ( 10416 )</td><td>$ -8357 ( 8357 )</td><td>52% ( 52 % )</td><td>( 25 ) % ( % )</td></tr><tr><td>14</td><td>net income attributable to noncontrolling interests</td><td>8</td><td>33</td><td>12</td><td>-76 ( 76 )</td><td>nm</td></tr><tr><td>15</td><td>net ( loss )</td><td>$ -5001 ( 5001 )</td><td>$ -10449 ( 10449 )</td><td>$ -8369 ( 8369 )</td><td>52% ( 52 % )</td><td>( 25 ) % ( % )</td></tr><tr><td>16</td><td>average assets ( in billions of dollars )</td><td>$ 324</td><td>$ 351</td><td>$ 420</td><td>( 8 ) % ( % )</td><td>-16 ( 16 )</td></tr><tr><td>17</td><td>net credit losses as a percentage of average loans</td><td>6.20% ( 6.20 % )</td><td>6.38% ( 6.38 % )</td><td>3.80% ( 3.80 % )</td><td>-</td><td>-</td></tr></table> nm not meaningful 2010 vs . 2009 revenues , net of interest expense decreased 11% ( 11 % ) from the prior year . net interest revenue increased 6% ( 6 % ) due to the adoption of sfas 166/167 , partially offset by the impact of lower balances due to portfolio run-off and asset sales . non-interest revenue declined 58% ( 58 % ) , primarily due to the absence of the $ 1.1 billion gain on the sale of redecard in the first quarter of 2009 and a higher mortgage repurchase reserve charge . operating expenses decreased 18% ( 18 % ) , primarily due to the impact of divestitures , lower volumes , re-engineering actions and the absence of costs associated with the u.s . government loss-sharing agreement , which was exited in the fourth quarter of 2009 . provisions for credit losses and for benefits and claims decreased 38% ( 38 % ) , reflecting a net $ 1.8 billion credit reserve release in 2010 compared to a $ 5.8 billion build in 2009 . lower net credit losses across most businesses were partially offset by the impact of the adoption of sfas 166/167 . on a comparable basis , net credit losses were lower year-over-year , driven by improvement in u.s . mortgages , international portfolios and retail partner cards . assets declined 21% ( 21 % ) from the prior year , primarily driven by portfolio run-off , higher loan loss reserve balances , and the impact of asset sales and divestitures , partially offset by an increase of $ 41 billion resulting from the adoption of sfas 166/167 . key divestitures in 2010 included the student loan corporation , primerica , auto loans , the canadian mastercard business and u.s . retail sales finance portfolios . 2009 vs . 2008 revenues , net of interest expense decreased 24% ( 24 % ) from the prior year . net interest revenue was 24% ( 24 % ) lower than the prior year , primarily due to lower balances , de-risking of the portfolio , and spread compression . non-interest revenue decreased $ 1.6 billion , mostly driven by the impact of higher credit losses flowing through the securitization trusts , partially offset by the $ 1.1 billion gain on the sale of redecard in the first quarter of 2009 . operating expenses declined 31% ( 31 % ) from the prior year , due to lower volumes and reductions from expense re-engineering actions , and the impact of goodwill write-offs of $ 3.0 billion in the fourth quarter of 2008 , partially offset by higher costs associated with delinquent loans . provisions for credit losses and for benefits and claims increased 14% ( 14 % ) from the prior year , reflecting an increase in net credit losses of $ 6.1 billion , partially offset by lower reserve builds of $ 2.8 billion . higher net credit losses were primarily driven by higher losses of $ 3.6 billion in residential real estate lending , $ 1.0 billion in retail partner cards , and $ 0.7 billion in international . assets decreased $ 57 billion from the prior year , primarily driven by lower originations , wind-down of specific businesses , asset sales , divestitures , write- offs and higher loan loss reserve balances . key divestitures in 2009 included the fi credit card business , italy consumer finance , diners europe , portugal cards , norway consumer and diners club north america. .
Question: in 2009, what percentage of the total revenues net of interest expense was due to net interest revenues?
| 0.73149 |
CONVFINQA5755 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
local consumer lending local consumer lending ( lcl ) , which constituted approximately 70% ( 70 % ) of citi holdings by assets as of december 31 , 2010 , includes a portion of citigroup 2019s north american mortgage business , retail partner cards , western european cards and retail banking , citifinancial north america and other local consumer finance businesses globally . the student loan corporation is reported as discontinued operations within the corporate/other segment for the second half of 2010 only . at december 31 , 2010 , lcl had $ 252 billion of assets ( $ 226 billion in north america ) . approximately $ 129 billion of assets in lcl as of december 31 , 2010 consisted of u.s . mortgages in the company 2019s citimortgage and citifinancial operations . the north american assets consist of residential mortgage loans ( first and second mortgages ) , retail partner card loans , personal loans , commercial real estate ( cre ) , and other consumer loans and assets . in millions of dollars 2010 2009 2008 % ( % ) change 2010 vs . 2009 % ( % ) change 2009 vs . 2008 . <table class='wikitable'><tr><td>1</td><td>in millions of dollars</td><td>2010</td><td>2009</td><td>2008</td><td>% ( % ) change 2010 vs . 2009</td><td>% ( % ) change 2009 vs . 2008</td></tr><tr><td>2</td><td>net interest revenue</td><td>$ 13831</td><td>$ 12995</td><td>$ 17136</td><td>6% ( 6 % )</td><td>( 24 ) % ( % )</td></tr><tr><td>3</td><td>non-interest revenue</td><td>1995</td><td>4770</td><td>6362</td><td>-58 ( 58 )</td><td>-25 ( 25 )</td></tr><tr><td>4</td><td>total revenues net of interest expense</td><td>$ 15826</td><td>$ 17765</td><td>$ 23498</td><td>( 11 ) % ( % )</td><td>( 24 ) % ( % )</td></tr><tr><td>5</td><td>total operating expenses</td><td>$ 8064</td><td>$ 9799</td><td>$ 14238</td><td>( 18 ) % ( % )</td><td>( 31 ) % ( % )</td></tr><tr><td>6</td><td>net credit losses</td><td>$ 17040</td><td>$ 19185</td><td>$ 13111</td><td>( 11 ) % ( % )</td><td>46% ( 46 % )</td></tr><tr><td>7</td><td>credit reserve build ( release )</td><td>-1771 ( 1771 )</td><td>5799</td><td>8573</td><td>nm</td><td>-32 ( 32 )</td></tr><tr><td>8</td><td>provision for benefits and claims</td><td>775</td><td>1054</td><td>1192</td><td>-26 ( 26 )</td><td>-12 ( 12 )</td></tr><tr><td>9</td><td>provision for unfunded lending commitments</td><td>2014</td><td>2014</td><td>2014</td><td>2014</td><td>2014</td></tr><tr><td>10</td><td>provisions for credit losses and for benefits and claims</td><td>$ 16044</td><td>$ 26038</td><td>$ 22876</td><td>( 38 ) % ( % )</td><td>14% ( 14 % )</td></tr><tr><td>11</td><td>( loss ) from continuing operations before taxes</td><td>$ -8282 ( 8282 )</td><td>$ -18072 ( 18072 )</td><td>$ -13616 ( 13616 )</td><td>54% ( 54 % )</td><td>( 33 ) % ( % )</td></tr><tr><td>12</td><td>benefits for income taxes</td><td>-3289 ( 3289 )</td><td>-7656 ( 7656 )</td><td>-5259 ( 5259 )</td><td>57</td><td>-46 ( 46 )</td></tr><tr><td>13</td><td>( loss ) from continuing operations</td><td>$ -4993 ( 4993 )</td><td>$ -10416 ( 10416 )</td><td>$ -8357 ( 8357 )</td><td>52% ( 52 % )</td><td>( 25 ) % ( % )</td></tr><tr><td>14</td><td>net income attributable to noncontrolling interests</td><td>8</td><td>33</td><td>12</td><td>-76 ( 76 )</td><td>nm</td></tr><tr><td>15</td><td>net ( loss )</td><td>$ -5001 ( 5001 )</td><td>$ -10449 ( 10449 )</td><td>$ -8369 ( 8369 )</td><td>52% ( 52 % )</td><td>( 25 ) % ( % )</td></tr><tr><td>16</td><td>average assets ( in billions of dollars )</td><td>$ 324</td><td>$ 351</td><td>$ 420</td><td>( 8 ) % ( % )</td><td>-16 ( 16 )</td></tr><tr><td>17</td><td>net credit losses as a percentage of average loans</td><td>6.20% ( 6.20 % )</td><td>6.38% ( 6.38 % )</td><td>3.80% ( 3.80 % )</td><td>-</td><td>-</td></tr></table> nm not meaningful 2010 vs . 2009 revenues , net of interest expense decreased 11% ( 11 % ) from the prior year . net interest revenue increased 6% ( 6 % ) due to the adoption of sfas 166/167 , partially offset by the impact of lower balances due to portfolio run-off and asset sales . non-interest revenue declined 58% ( 58 % ) , primarily due to the absence of the $ 1.1 billion gain on the sale of redecard in the first quarter of 2009 and a higher mortgage repurchase reserve charge . operating expenses decreased 18% ( 18 % ) , primarily due to the impact of divestitures , lower volumes , re-engineering actions and the absence of costs associated with the u.s . government loss-sharing agreement , which was exited in the fourth quarter of 2009 . provisions for credit losses and for benefits and claims decreased 38% ( 38 % ) , reflecting a net $ 1.8 billion credit reserve release in 2010 compared to a $ 5.8 billion build in 2009 . lower net credit losses across most businesses were partially offset by the impact of the adoption of sfas 166/167 . on a comparable basis , net credit losses were lower year-over-year , driven by improvement in u.s . mortgages , international portfolios and retail partner cards . assets declined 21% ( 21 % ) from the prior year , primarily driven by portfolio run-off , higher loan loss reserve balances , and the impact of asset sales and divestitures , partially offset by an increase of $ 41 billion resulting from the adoption of sfas 166/167 . key divestitures in 2010 included the student loan corporation , primerica , auto loans , the canadian mastercard business and u.s . retail sales finance portfolios . 2009 vs . 2008 revenues , net of interest expense decreased 24% ( 24 % ) from the prior year . net interest revenue was 24% ( 24 % ) lower than the prior year , primarily due to lower balances , de-risking of the portfolio , and spread compression . non-interest revenue decreased $ 1.6 billion , mostly driven by the impact of higher credit losses flowing through the securitization trusts , partially offset by the $ 1.1 billion gain on the sale of redecard in the first quarter of 2009 . operating expenses declined 31% ( 31 % ) from the prior year , due to lower volumes and reductions from expense re-engineering actions , and the impact of goodwill write-offs of $ 3.0 billion in the fourth quarter of 2008 , partially offset by higher costs associated with delinquent loans . provisions for credit losses and for benefits and claims increased 14% ( 14 % ) from the prior year , reflecting an increase in net credit losses of $ 6.1 billion , partially offset by lower reserve builds of $ 2.8 billion . higher net credit losses were primarily driven by higher losses of $ 3.6 billion in residential real estate lending , $ 1.0 billion in retail partner cards , and $ 0.7 billion in international . assets decreased $ 57 billion from the prior year , primarily driven by lower originations , wind-down of specific businesses , asset sales , divestitures , write- offs and higher loan loss reserve balances . key divestitures in 2009 included the fi credit card business , italy consumer finance , diners europe , portugal cards , norway consumer and diners club north america. .
Question: in 2009, what percentage of the total revenues net of interest expense was due to net interest revenues?
Answer: 0.73149
Question: and what was that percentage in the next year, in 2010?
| 0.87394 |
CONVFINQA5756 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
jpmorgan chase & co./2012 annual report 119 implementing further revisions to the capital accord in the u.s . ( such further revisions are commonly referred to as 201cbasel iii 201d ) . basel iii revised basel ii by , among other things , narrowing the definition of capital , and increasing capital requirements for specific exposures . basel iii also includes higher capital ratio requirements and provides that the tier 1 common capital requirement will be increased to 7% ( 7 % ) , comprised of a minimum ratio of 4.5% ( 4.5 % ) plus a 2.5% ( 2.5 % ) capital conservation buffer . implementation of the 7% ( 7 % ) tier 1 common capital requirement is required by january 1 , in addition , global systemically important banks ( 201cgsibs 201d ) will be required to maintain tier 1 common requirements above the 7% ( 7 % ) minimum in amounts ranging from an additional 1% ( 1 % ) to an additional 2.5% ( 2.5 % ) . in november 2012 , the financial stability board ( 201cfsb 201d ) indicated that it would require the firm , as well as three other banks , to hold the additional 2.5% ( 2.5 % ) of tier 1 common ; the requirement will be phased in beginning in 2016 . the basel committee also stated it intended to require certain gsibs to hold an additional 1% ( 1 % ) of tier 1 common under certain circumstances , to act as a disincentive for the gsib from taking actions that would further increase its systemic importance . currently , no gsib ( including the firm ) is required to hold this additional 1% ( 1 % ) of tier 1 common . in addition , pursuant to the requirements of the dodd-frank act , u.s . federal banking agencies have proposed certain permanent basel i floors under basel ii and basel iii capital calculations . the following table presents a comparison of the firm 2019s tier 1 common under basel i rules to its estimated tier 1 common under basel iii rules , along with the firm 2019s estimated risk-weighted assets . tier 1 common under basel iii includes additional adjustments and deductions not included in basel i tier 1 common , such as the inclusion of aoci related to afs securities and defined benefit pension and other postretirement employee benefit ( 201copeb 201d ) plans . the firm estimates that its tier 1 common ratio under basel iii rules would be 8.7% ( 8.7 % ) as of december 31 , 2012 . the tier 1 common ratio under both basel i and basel iii are non- gaap financial measures . however , such measures are used by bank regulators , investors and analysts as a key measure to assess the firm 2019s capital position and to compare the firm 2019s capital to that of other financial services companies . december 31 , 2012 ( in millions , except ratios ) . <table class='wikitable'><tr><td>1</td><td>tier 1 common under basel i rules</td><td>$ 140342</td></tr><tr><td>2</td><td>adjustments related to aoci for afs securities and defined benefit pension and opeb plans</td><td>4077</td></tr><tr><td>3</td><td>all other adjustments</td><td>-453 ( 453 )</td></tr><tr><td>4</td><td>estimated tier 1 common under basel iii rules</td><td>$ 143966</td></tr><tr><td>5</td><td>estimated risk-weighted assets under basel iii rules ( a )</td><td>$ 1647903</td></tr><tr><td>6</td><td>estimated tier 1 common ratio under basel iii rules ( b )</td><td>8.7% ( 8.7 % )</td></tr></table> estimated risk-weighted assets under basel iii rules ( a ) $ 1647903 estimated tier 1 common ratio under basel iii rules ( b ) 8.7% ( 8.7 % ) ( a ) key differences in the calculation of risk-weighted assets between basel i and basel iii include : ( 1 ) basel iii credit risk rwa is based on risk-sensitive approaches which largely rely on the use of internal credit models and parameters , whereas basel i rwa is based on fixed supervisory risk weightings which vary only by counterparty type and asset class ; ( 2 ) basel iii market risk rwa reflects the new capital requirements related to trading assets and securitizations , which include incremental capital requirements for stress var , correlation trading , and re-securitization positions ; and ( 3 ) basel iii includes rwa for operational risk , whereas basel i does not . the actual impact on the firm 2019s capital ratios upon implementation could differ depending on final implementation guidance from the regulators , as well as regulatory approval of certain of the firm 2019s internal risk models . ( b ) the tier 1 common ratio is tier 1 common divided by rwa . the firm 2019s estimate of its tier 1 common ratio under basel iii reflects its current understanding of the basel iii rules based on information currently published by the basel committee and u.s . federal banking agencies and on the application of such rules to its businesses as currently conducted ; it excludes the impact of any changes the firm may make in the future to its businesses as a result of implementing the basel iii rules , possible enhancements to certain market risk models , and any further implementation guidance from the regulators . the basel iii capital requirements are subject to prolonged transition periods . the transition period for banks to meet the tier 1 common requirement under basel iii was originally scheduled to begin in 2013 , with full implementation on january 1 , 2019 . in november 2012 , the u.s . federal banking agencies announced a delay in the implementation dates for the basel iii capital requirements . the additional capital requirements for gsibs will be phased in starting january 1 , 2016 , with full implementation on january 1 , 2019 . management 2019s current objective is for the firm to reach , by the end of 2013 , an estimated basel iii tier i common ratio of 9.5% ( 9.5 % ) . additional information regarding the firm 2019s capital ratios and the federal regulatory capital standards to which it is subject is presented in supervision and regulation on pages 1 20138 of the 2012 form 10-k , and note 28 on pages 306 2013 308 of this annual report . broker-dealer regulatory capital jpmorgan chase 2019s principal u.s . broker-dealer subsidiaries are j.p . morgan securities llc ( 201cjpmorgan securities 201d ) and j.p . morgan clearing corp . ( 201cjpmorgan clearing 201d ) . jpmorgan clearing is a subsidiary of jpmorgan securities and provides clearing and settlement services . jpmorgan securities and jpmorgan clearing are each subject to rule 15c3-1 under the securities exchange act of 1934 ( the 201cnet capital rule 201d ) . jpmorgan securities and jpmorgan clearing are also each registered as futures commission merchants and subject to rule 1.17 of the commodity futures trading commission ( 201ccftc 201d ) . jpmorgan securities and jpmorgan clearing have elected to compute their minimum net capital requirements in accordance with the 201calternative net capital requirements 201d of the net capital rule . at december 31 , 2012 , jpmorgan securities 2019 net capital , as defined by the net capital rule , was $ 13.5 billion , exceeding the minimum requirement by .
Question: how much would be 9,5% of the estimated risk-weighted assets under basel iii rules ( a )?
| 156550.785 |
CONVFINQA5757 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
jpmorgan chase & co./2012 annual report 119 implementing further revisions to the capital accord in the u.s . ( such further revisions are commonly referred to as 201cbasel iii 201d ) . basel iii revised basel ii by , among other things , narrowing the definition of capital , and increasing capital requirements for specific exposures . basel iii also includes higher capital ratio requirements and provides that the tier 1 common capital requirement will be increased to 7% ( 7 % ) , comprised of a minimum ratio of 4.5% ( 4.5 % ) plus a 2.5% ( 2.5 % ) capital conservation buffer . implementation of the 7% ( 7 % ) tier 1 common capital requirement is required by january 1 , in addition , global systemically important banks ( 201cgsibs 201d ) will be required to maintain tier 1 common requirements above the 7% ( 7 % ) minimum in amounts ranging from an additional 1% ( 1 % ) to an additional 2.5% ( 2.5 % ) . in november 2012 , the financial stability board ( 201cfsb 201d ) indicated that it would require the firm , as well as three other banks , to hold the additional 2.5% ( 2.5 % ) of tier 1 common ; the requirement will be phased in beginning in 2016 . the basel committee also stated it intended to require certain gsibs to hold an additional 1% ( 1 % ) of tier 1 common under certain circumstances , to act as a disincentive for the gsib from taking actions that would further increase its systemic importance . currently , no gsib ( including the firm ) is required to hold this additional 1% ( 1 % ) of tier 1 common . in addition , pursuant to the requirements of the dodd-frank act , u.s . federal banking agencies have proposed certain permanent basel i floors under basel ii and basel iii capital calculations . the following table presents a comparison of the firm 2019s tier 1 common under basel i rules to its estimated tier 1 common under basel iii rules , along with the firm 2019s estimated risk-weighted assets . tier 1 common under basel iii includes additional adjustments and deductions not included in basel i tier 1 common , such as the inclusion of aoci related to afs securities and defined benefit pension and other postretirement employee benefit ( 201copeb 201d ) plans . the firm estimates that its tier 1 common ratio under basel iii rules would be 8.7% ( 8.7 % ) as of december 31 , 2012 . the tier 1 common ratio under both basel i and basel iii are non- gaap financial measures . however , such measures are used by bank regulators , investors and analysts as a key measure to assess the firm 2019s capital position and to compare the firm 2019s capital to that of other financial services companies . december 31 , 2012 ( in millions , except ratios ) . <table class='wikitable'><tr><td>1</td><td>tier 1 common under basel i rules</td><td>$ 140342</td></tr><tr><td>2</td><td>adjustments related to aoci for afs securities and defined benefit pension and opeb plans</td><td>4077</td></tr><tr><td>3</td><td>all other adjustments</td><td>-453 ( 453 )</td></tr><tr><td>4</td><td>estimated tier 1 common under basel iii rules</td><td>$ 143966</td></tr><tr><td>5</td><td>estimated risk-weighted assets under basel iii rules ( a )</td><td>$ 1647903</td></tr><tr><td>6</td><td>estimated tier 1 common ratio under basel iii rules ( b )</td><td>8.7% ( 8.7 % )</td></tr></table> estimated risk-weighted assets under basel iii rules ( a ) $ 1647903 estimated tier 1 common ratio under basel iii rules ( b ) 8.7% ( 8.7 % ) ( a ) key differences in the calculation of risk-weighted assets between basel i and basel iii include : ( 1 ) basel iii credit risk rwa is based on risk-sensitive approaches which largely rely on the use of internal credit models and parameters , whereas basel i rwa is based on fixed supervisory risk weightings which vary only by counterparty type and asset class ; ( 2 ) basel iii market risk rwa reflects the new capital requirements related to trading assets and securitizations , which include incremental capital requirements for stress var , correlation trading , and re-securitization positions ; and ( 3 ) basel iii includes rwa for operational risk , whereas basel i does not . the actual impact on the firm 2019s capital ratios upon implementation could differ depending on final implementation guidance from the regulators , as well as regulatory approval of certain of the firm 2019s internal risk models . ( b ) the tier 1 common ratio is tier 1 common divided by rwa . the firm 2019s estimate of its tier 1 common ratio under basel iii reflects its current understanding of the basel iii rules based on information currently published by the basel committee and u.s . federal banking agencies and on the application of such rules to its businesses as currently conducted ; it excludes the impact of any changes the firm may make in the future to its businesses as a result of implementing the basel iii rules , possible enhancements to certain market risk models , and any further implementation guidance from the regulators . the basel iii capital requirements are subject to prolonged transition periods . the transition period for banks to meet the tier 1 common requirement under basel iii was originally scheduled to begin in 2013 , with full implementation on january 1 , 2019 . in november 2012 , the u.s . federal banking agencies announced a delay in the implementation dates for the basel iii capital requirements . the additional capital requirements for gsibs will be phased in starting january 1 , 2016 , with full implementation on january 1 , 2019 . management 2019s current objective is for the firm to reach , by the end of 2013 , an estimated basel iii tier i common ratio of 9.5% ( 9.5 % ) . additional information regarding the firm 2019s capital ratios and the federal regulatory capital standards to which it is subject is presented in supervision and regulation on pages 1 20138 of the 2012 form 10-k , and note 28 on pages 306 2013 308 of this annual report . broker-dealer regulatory capital jpmorgan chase 2019s principal u.s . broker-dealer subsidiaries are j.p . morgan securities llc ( 201cjpmorgan securities 201d ) and j.p . morgan clearing corp . ( 201cjpmorgan clearing 201d ) . jpmorgan clearing is a subsidiary of jpmorgan securities and provides clearing and settlement services . jpmorgan securities and jpmorgan clearing are each subject to rule 15c3-1 under the securities exchange act of 1934 ( the 201cnet capital rule 201d ) . jpmorgan securities and jpmorgan clearing are also each registered as futures commission merchants and subject to rule 1.17 of the commodity futures trading commission ( 201ccftc 201d ) . jpmorgan securities and jpmorgan clearing have elected to compute their minimum net capital requirements in accordance with the 201calternative net capital requirements 201d of the net capital rule . at december 31 , 2012 , jpmorgan securities 2019 net capital , as defined by the net capital rule , was $ 13.5 billion , exceeding the minimum requirement by .
Question: how much would be 9,5% of the estimated risk-weighted assets under basel iii rules ( a )?
Answer: 156550.785
Question: and what is the total of estimated tier 1 common under basel iii rules?
| 143966.0 |
CONVFINQA5758 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
jpmorgan chase & co./2012 annual report 119 implementing further revisions to the capital accord in the u.s . ( such further revisions are commonly referred to as 201cbasel iii 201d ) . basel iii revised basel ii by , among other things , narrowing the definition of capital , and increasing capital requirements for specific exposures . basel iii also includes higher capital ratio requirements and provides that the tier 1 common capital requirement will be increased to 7% ( 7 % ) , comprised of a minimum ratio of 4.5% ( 4.5 % ) plus a 2.5% ( 2.5 % ) capital conservation buffer . implementation of the 7% ( 7 % ) tier 1 common capital requirement is required by january 1 , in addition , global systemically important banks ( 201cgsibs 201d ) will be required to maintain tier 1 common requirements above the 7% ( 7 % ) minimum in amounts ranging from an additional 1% ( 1 % ) to an additional 2.5% ( 2.5 % ) . in november 2012 , the financial stability board ( 201cfsb 201d ) indicated that it would require the firm , as well as three other banks , to hold the additional 2.5% ( 2.5 % ) of tier 1 common ; the requirement will be phased in beginning in 2016 . the basel committee also stated it intended to require certain gsibs to hold an additional 1% ( 1 % ) of tier 1 common under certain circumstances , to act as a disincentive for the gsib from taking actions that would further increase its systemic importance . currently , no gsib ( including the firm ) is required to hold this additional 1% ( 1 % ) of tier 1 common . in addition , pursuant to the requirements of the dodd-frank act , u.s . federal banking agencies have proposed certain permanent basel i floors under basel ii and basel iii capital calculations . the following table presents a comparison of the firm 2019s tier 1 common under basel i rules to its estimated tier 1 common under basel iii rules , along with the firm 2019s estimated risk-weighted assets . tier 1 common under basel iii includes additional adjustments and deductions not included in basel i tier 1 common , such as the inclusion of aoci related to afs securities and defined benefit pension and other postretirement employee benefit ( 201copeb 201d ) plans . the firm estimates that its tier 1 common ratio under basel iii rules would be 8.7% ( 8.7 % ) as of december 31 , 2012 . the tier 1 common ratio under both basel i and basel iii are non- gaap financial measures . however , such measures are used by bank regulators , investors and analysts as a key measure to assess the firm 2019s capital position and to compare the firm 2019s capital to that of other financial services companies . december 31 , 2012 ( in millions , except ratios ) . <table class='wikitable'><tr><td>1</td><td>tier 1 common under basel i rules</td><td>$ 140342</td></tr><tr><td>2</td><td>adjustments related to aoci for afs securities and defined benefit pension and opeb plans</td><td>4077</td></tr><tr><td>3</td><td>all other adjustments</td><td>-453 ( 453 )</td></tr><tr><td>4</td><td>estimated tier 1 common under basel iii rules</td><td>$ 143966</td></tr><tr><td>5</td><td>estimated risk-weighted assets under basel iii rules ( a )</td><td>$ 1647903</td></tr><tr><td>6</td><td>estimated tier 1 common ratio under basel iii rules ( b )</td><td>8.7% ( 8.7 % )</td></tr></table> estimated risk-weighted assets under basel iii rules ( a ) $ 1647903 estimated tier 1 common ratio under basel iii rules ( b ) 8.7% ( 8.7 % ) ( a ) key differences in the calculation of risk-weighted assets between basel i and basel iii include : ( 1 ) basel iii credit risk rwa is based on risk-sensitive approaches which largely rely on the use of internal credit models and parameters , whereas basel i rwa is based on fixed supervisory risk weightings which vary only by counterparty type and asset class ; ( 2 ) basel iii market risk rwa reflects the new capital requirements related to trading assets and securitizations , which include incremental capital requirements for stress var , correlation trading , and re-securitization positions ; and ( 3 ) basel iii includes rwa for operational risk , whereas basel i does not . the actual impact on the firm 2019s capital ratios upon implementation could differ depending on final implementation guidance from the regulators , as well as regulatory approval of certain of the firm 2019s internal risk models . ( b ) the tier 1 common ratio is tier 1 common divided by rwa . the firm 2019s estimate of its tier 1 common ratio under basel iii reflects its current understanding of the basel iii rules based on information currently published by the basel committee and u.s . federal banking agencies and on the application of such rules to its businesses as currently conducted ; it excludes the impact of any changes the firm may make in the future to its businesses as a result of implementing the basel iii rules , possible enhancements to certain market risk models , and any further implementation guidance from the regulators . the basel iii capital requirements are subject to prolonged transition periods . the transition period for banks to meet the tier 1 common requirement under basel iii was originally scheduled to begin in 2013 , with full implementation on january 1 , 2019 . in november 2012 , the u.s . federal banking agencies announced a delay in the implementation dates for the basel iii capital requirements . the additional capital requirements for gsibs will be phased in starting january 1 , 2016 , with full implementation on january 1 , 2019 . management 2019s current objective is for the firm to reach , by the end of 2013 , an estimated basel iii tier i common ratio of 9.5% ( 9.5 % ) . additional information regarding the firm 2019s capital ratios and the federal regulatory capital standards to which it is subject is presented in supervision and regulation on pages 1 20138 of the 2012 form 10-k , and note 28 on pages 306 2013 308 of this annual report . broker-dealer regulatory capital jpmorgan chase 2019s principal u.s . broker-dealer subsidiaries are j.p . morgan securities llc ( 201cjpmorgan securities 201d ) and j.p . morgan clearing corp . ( 201cjpmorgan clearing 201d ) . jpmorgan clearing is a subsidiary of jpmorgan securities and provides clearing and settlement services . jpmorgan securities and jpmorgan clearing are each subject to rule 15c3-1 under the securities exchange act of 1934 ( the 201cnet capital rule 201d ) . jpmorgan securities and jpmorgan clearing are also each registered as futures commission merchants and subject to rule 1.17 of the commodity futures trading commission ( 201ccftc 201d ) . jpmorgan securities and jpmorgan clearing have elected to compute their minimum net capital requirements in accordance with the 201calternative net capital requirements 201d of the net capital rule . at december 31 , 2012 , jpmorgan securities 2019 net capital , as defined by the net capital rule , was $ 13.5 billion , exceeding the minimum requirement by .
Question: how much would be 9,5% of the estimated risk-weighted assets under basel iii rules ( a )?
Answer: 156550.785
Question: and what is the total of estimated tier 1 common under basel iii rules?
Answer: 143966.0
Question: then, how much would it cost to meet, from the estimated tier 1 common under basel iii rules, the common ratio of 9,5% of the of the estimated risk-weighted assets?
| 12584.785 |
CONVFINQA5759 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
j.p . morgan chase & co . / 2003 annual report 49 off 2013balance sheet arrangements and contractual cash obligations special-purpose entities special-purpose entities ( 201cspes 201d ) , special-purpose vehicles ( 201cspvs 201d ) , or variable-interest entities ( 201cvies 201d ) , are an important part of the financial markets , providing market liquidity by facili- tating investors 2019 access to specific portfolios of assets and risks . spes are not operating entities ; typically they are established for a single , discrete purpose , have a limited life and have no employees . the basic spe structure involves a company selling assets to the spe . the spe funds the asset purchase by selling securities to investors . to insulate investors from creditors of other entities , including the seller of the assets , spes are often structured to be bankruptcy-remote . spes are critical to the functioning of many investor markets , including , for example , the market for mortgage-backed securities , other asset-backed securities and commercial paper . jpmorgan chase is involved with spes in three broad categories of transactions : loan securi- tizations ( through 201cqualifying 201d spes ) , multi-seller conduits , and client intermediation . capital is held , as appropriate , against all spe-related transactions and related exposures such as deriva- tive transactions and lending-related commitments . the firm has no commitments to issue its own stock to support any spe transaction , and its policies require that transactions with spes be conducted at arm 2019s length and reflect market pric- ing . consistent with this policy , no jpmorgan chase employee is permitted to invest in spes with which the firm is involved where such investment would violate the firm 2019s worldwide rules of conduct . these rules prohibit employees from self- dealing and prohibit employees from acting on behalf of the firm in transactions with which they or their family have any significant financial interest . for certain liquidity commitments to spes , the firm could be required to provide funding if the credit rating of jpmorgan chase bank were downgraded below specific levels , primarily p-1 , a-1 and f1 for moody 2019s , standard & poor 2019s and fitch , respectively . the amount of these liquidity commitments was $ 34.0 billion at december 31 , 2003 . if jpmorgan chase bank were required to provide funding under these commitments , the firm could be replaced as liquidity provider . additionally , with respect to the multi-seller conduits and structured commercial loan vehicles for which jpmorgan chase bank has extended liq- uidity commitments , the bank could facilitate the sale or refi- nancing of the assets in the spe in order to provide liquidity . of these liquidity commitments to spes , $ 27.7 billion is included in the firm 2019s total other unfunded commitments to extend credit included in the table on the following page . as a result of the consolidation of multi-seller conduits in accordance with fin 46 , $ 6.3 billion of these commitments are excluded from the table , as the underlying assets of the spe have been included on the firm 2019s consolidated balance sheet . the following table summarizes certain revenue information related to vies with which the firm has significant involvement , and qualifying spes: . <table class='wikitable'><tr><td>1</td><td>year ended december 31 2003 ( in millions )</td><td>year ended december 31 2003 vies</td><td>year ended december 31 2003 ( a )</td><td>year ended december 31 2003 spes</td><td>total</td></tr><tr><td>2</td><td>revenue</td><td>$ 79</td><td>-</td><td>$ 979</td><td>$ 1058</td></tr></table> ( a ) includes consolidated and nonconsolidated asset-backed commercial paper conduits for a consistent presentation of 2003 results . the revenue reported in the table above represents primarily servicing fee income . the firm also has exposure to certain vie vehicles arising from derivative transactions with vies ; these transactions are recorded at fair value on the firm 2019s consolidated balance sheet with changes in fair value ( i.e. , mark-to-market gains and losses ) recorded in trading revenue . such mtm gains and losses are not included in the revenue amounts reported in the table above . for a further discussion of spes and the firm 2019s accounting for spes , see note 1 on pages 86 201387 , note 13 on pages 100 2013103 , and note 14 on pages 103 2013106 of this annual report . contractual cash obligations in the normal course of business , the firm enters into various con- tractual obligations that may require future cash payments . contractual obligations at december 31 , 2003 , include long-term debt , trust preferred capital securities , operating leases , contractual purchases and capital expenditures and certain other liabilities . for a further discussion regarding long-term debt and trust preferred capital securities , see note 18 on pages 109 2013111 of this annual report . for a further discussion regarding operating leases , see note 27 on page 115 of this annual report . the accompanying table summarizes jpmorgan chase 2019s off 2013 balance sheet lending-related financial instruments and signifi- cant contractual cash obligations , by remaining maturity , at december 31 , 2003 . contractual purchases include commit- ments for future cash expenditures , primarily for services and contracts involving certain forward purchases of securities and commodities . capital expenditures primarily represent future cash payments for real estate 2013related obligations and equip- ment . contractual purchases and capital expenditures at december 31 , 2003 , reflect the minimum contractual obligation under legally enforceable contracts with contract terms that are both fixed and determinable . excluded from the following table are a number of obligations to be settled in cash , primarily in under one year . these obligations are reflected on the firm 2019s consolidated balance sheet and include deposits ; federal funds purchased and securities sold under repurchase agreements ; other borrowed funds ; purchases of debt and equity instruments that settle within standard market timeframes ( e.g . regular-way ) ; derivative payables that do not require physical delivery of the underlying instrument ; and certain purchases of instruments that resulted in settlement failures. .
Question: in the year of 2003, what was the revenue from vies as a percentage of the total one?
| 0.07467 |
CONVFINQA5760 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
j.p . morgan chase & co . / 2003 annual report 49 off 2013balance sheet arrangements and contractual cash obligations special-purpose entities special-purpose entities ( 201cspes 201d ) , special-purpose vehicles ( 201cspvs 201d ) , or variable-interest entities ( 201cvies 201d ) , are an important part of the financial markets , providing market liquidity by facili- tating investors 2019 access to specific portfolios of assets and risks . spes are not operating entities ; typically they are established for a single , discrete purpose , have a limited life and have no employees . the basic spe structure involves a company selling assets to the spe . the spe funds the asset purchase by selling securities to investors . to insulate investors from creditors of other entities , including the seller of the assets , spes are often structured to be bankruptcy-remote . spes are critical to the functioning of many investor markets , including , for example , the market for mortgage-backed securities , other asset-backed securities and commercial paper . jpmorgan chase is involved with spes in three broad categories of transactions : loan securi- tizations ( through 201cqualifying 201d spes ) , multi-seller conduits , and client intermediation . capital is held , as appropriate , against all spe-related transactions and related exposures such as deriva- tive transactions and lending-related commitments . the firm has no commitments to issue its own stock to support any spe transaction , and its policies require that transactions with spes be conducted at arm 2019s length and reflect market pric- ing . consistent with this policy , no jpmorgan chase employee is permitted to invest in spes with which the firm is involved where such investment would violate the firm 2019s worldwide rules of conduct . these rules prohibit employees from self- dealing and prohibit employees from acting on behalf of the firm in transactions with which they or their family have any significant financial interest . for certain liquidity commitments to spes , the firm could be required to provide funding if the credit rating of jpmorgan chase bank were downgraded below specific levels , primarily p-1 , a-1 and f1 for moody 2019s , standard & poor 2019s and fitch , respectively . the amount of these liquidity commitments was $ 34.0 billion at december 31 , 2003 . if jpmorgan chase bank were required to provide funding under these commitments , the firm could be replaced as liquidity provider . additionally , with respect to the multi-seller conduits and structured commercial loan vehicles for which jpmorgan chase bank has extended liq- uidity commitments , the bank could facilitate the sale or refi- nancing of the assets in the spe in order to provide liquidity . of these liquidity commitments to spes , $ 27.7 billion is included in the firm 2019s total other unfunded commitments to extend credit included in the table on the following page . as a result of the consolidation of multi-seller conduits in accordance with fin 46 , $ 6.3 billion of these commitments are excluded from the table , as the underlying assets of the spe have been included on the firm 2019s consolidated balance sheet . the following table summarizes certain revenue information related to vies with which the firm has significant involvement , and qualifying spes: . <table class='wikitable'><tr><td>1</td><td>year ended december 31 2003 ( in millions )</td><td>year ended december 31 2003 vies</td><td>year ended december 31 2003 ( a )</td><td>year ended december 31 2003 spes</td><td>total</td></tr><tr><td>2</td><td>revenue</td><td>$ 79</td><td>-</td><td>$ 979</td><td>$ 1058</td></tr></table> ( a ) includes consolidated and nonconsolidated asset-backed commercial paper conduits for a consistent presentation of 2003 results . the revenue reported in the table above represents primarily servicing fee income . the firm also has exposure to certain vie vehicles arising from derivative transactions with vies ; these transactions are recorded at fair value on the firm 2019s consolidated balance sheet with changes in fair value ( i.e. , mark-to-market gains and losses ) recorded in trading revenue . such mtm gains and losses are not included in the revenue amounts reported in the table above . for a further discussion of spes and the firm 2019s accounting for spes , see note 1 on pages 86 201387 , note 13 on pages 100 2013103 , and note 14 on pages 103 2013106 of this annual report . contractual cash obligations in the normal course of business , the firm enters into various con- tractual obligations that may require future cash payments . contractual obligations at december 31 , 2003 , include long-term debt , trust preferred capital securities , operating leases , contractual purchases and capital expenditures and certain other liabilities . for a further discussion regarding long-term debt and trust preferred capital securities , see note 18 on pages 109 2013111 of this annual report . for a further discussion regarding operating leases , see note 27 on page 115 of this annual report . the accompanying table summarizes jpmorgan chase 2019s off 2013 balance sheet lending-related financial instruments and signifi- cant contractual cash obligations , by remaining maturity , at december 31 , 2003 . contractual purchases include commit- ments for future cash expenditures , primarily for services and contracts involving certain forward purchases of securities and commodities . capital expenditures primarily represent future cash payments for real estate 2013related obligations and equip- ment . contractual purchases and capital expenditures at december 31 , 2003 , reflect the minimum contractual obligation under legally enforceable contracts with contract terms that are both fixed and determinable . excluded from the following table are a number of obligations to be settled in cash , primarily in under one year . these obligations are reflected on the firm 2019s consolidated balance sheet and include deposits ; federal funds purchased and securities sold under repurchase agreements ; other borrowed funds ; purchases of debt and equity instruments that settle within standard market timeframes ( e.g . regular-way ) ; derivative payables that do not require physical delivery of the underlying instrument ; and certain purchases of instruments that resulted in settlement failures. .
Question: in the year of 2003, what was the revenue from vies as a percentage of the total one?
Answer: 0.07467
Question: and what was the special purpose entities provided revenue as a portion of it?
| 0.92533 |
CONVFINQA5761 | Read the following texts and table with financial data from an S&P 500 earnings report 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 september 2007 , we reached a settlement with the united states department of justice in an ongoing investigation into financial relationships between major orthopaedic manufacturers and consulting orthopaedic surgeons . under the terms of the settlement , we paid a civil settlement amount of $ 169.5 million and we recorded an expense in that amount . no tax benefit has been recorded related to the settlement expense due to the uncertainty as to the tax treatment . we intend to pursue resolution of this uncertainty with taxing authorities , but are unable to ascertain the outcome or timing for such resolution at this time . for more information regarding the settlement , see note 15 . in june 2006 , the financial accounting standards board ( fasb ) issued interpretation no . 48 , accounting for uncertainty in income taxes 2013 an interpretation of fasb statement no . 109 , accounting for income taxes ( fin 48 ) . fin 48 addresses the determination of whether tax benefits claimed or expected to be claimed on a tax return should be recorded in the financial statements . under fin 48 , we may recognize the tax benefit from an uncertain tax position only if it is more likely than not that the tax position will be sustained on examination by the taxing authorities , based on the technical merits of the position . the tax benefits recognized in the financial statements from such a position should be measured based on the largest benefit that has a greater than fifty percent likelihood of being realized upon ultimate settlement . fin 48 also provides guidance on derecognition , classification , interest and penalties on income taxes , accounting in interim periods and requires increased disclosures . we adopted fin 48 on january 1 , 2007 . prior to the adoption of fin 48 we had a long term tax liability for expected settlement of various federal , state and foreign income tax liabilities that was reflected net of the corollary tax impact of these expected settlements of $ 102.1 million , as well as a separate accrued interest liability of $ 1.7 million . as a result of the adoption of fin 48 , we are required to present the different components of such liability on a gross basis versus the historical net presentation . the adoption resulted in the financial statement liability for unrecognized tax benefits decreasing by $ 6.4 million as of january 1 , 2007 . the adoption resulted in this decrease in the liability as well as a reduction to retained earnings of $ 4.8 million , a reduction in goodwill of $ 61.4 million , the establishment of a tax receivable of $ 58.2 million , which was recorded in other current and non-current assets on our consolidated balance sheet , and an increase in an interest/penalty payable of $ 7.9 million , all as of january 1 , 2007 . therefore , after the adoption of fin 48 , the amount of unrecognized tax benefits is $ 95.7 million as of january 1 , 2007 , of which $ 28.6 million would impact our effective tax rate , if recognized . the amount of unrecognized tax benefits is $ 135.2 million as of december 31 , 2007 . of this amount , $ 41.0 million would impact our effective tax rate , if recognized . a reconciliation of the beginning and ending amounts of unrecognized tax benefits is as follows ( in millions ) : . <table class='wikitable'><tr><td>1</td><td>balance at january 1 2007</td><td>$ 95.7</td></tr><tr><td>2</td><td>increases related to prior periods</td><td>27.4</td></tr><tr><td>3</td><td>decreases related to prior periods</td><td>-5.5 ( 5.5 )</td></tr><tr><td>4</td><td>increases related to current period</td><td>21.9</td></tr><tr><td>5</td><td>decreases related to settlements with taxing authorities</td><td>-1.3 ( 1.3 )</td></tr><tr><td>6</td><td>decreases related to lapse of statue of limitations</td><td>-3.0 ( 3.0 )</td></tr><tr><td>7</td><td>balance at december 31 2007</td><td>$ 135.2</td></tr></table> we recognize accrued interest and penalties related to unrecognized tax benefits in income tax expense in the consolidated statements of earnings , which is consistent with the recognition of these items in prior reporting periods . as of january 1 , 2007 , we recorded a liability of $ 9.6 million for accrued interest and penalties , of which $ 7.5 million would impact our effective tax rate , if recognized . the amount of this liability is $ 19.6 million as of december 31 , 2007 . of this amount , $ 14.7 million would impact our effective tax rate , if recognized . we expect that the amount of tax liability for unrecognized tax benefits will change in the next twelve months ; however , we do not expect these changes will have a significant impact on our results of operations or financial position . the u.s . federal statute of limitations remains open for the year 2003 and onward with years 2003 and 2004 currently under examination by the irs . it is reasonably possible that a resolution with the irs for the years 2003 through 2004 will be reached within the next twelve months , but we do not anticipate this would result in any material impact on our financial position . in addition , for the 1999 tax year of centerpulse , which we acquired in october 2003 , one issue remains in dispute . the resolution of this issue would not impact our effective tax rate , as it would be recorded as an adjustment to goodwill . state income tax returns are generally subject to examination for a period of 3 to 5 years after filing of the respective return . the state impact of any federal changes remains subject to examination by various states for a period of up to one year after formal notification to the states . we have various state income tax returns in the process of examination , administrative appeals or litigation . it is reasonably possible that such matters will be resolved in the next twelve months , but we do not anticipate that the resolution of these matters would result in any material impact on our results of operations or financial position . foreign jurisdictions have statutes of limitations generally ranging from 3 to 5 years . years still open to examination by foreign tax authorities in major jurisdictions include australia ( 2003 onward ) , canada ( 1999 onward ) , france ( 2005 onward ) , germany ( 2005 onward ) , italy ( 2003 onward ) , japan ( 2001 onward ) , puerto rico ( 2005 onward ) , singapore ( 2003 onward ) , switzerland ( 2004 onward ) , and the united kingdom ( 2005 onward ) . z i m m e r h o l d i n g s , i n c . 2 0 0 7 f o r m 1 0 - k a n n u a l r e p o r t notes to consolidated financial statements ( continued ) .
Question: what was the balance of unrecognized tax benefits as of 12/31/07?
| 135.2 |
CONVFINQA5762 | Read the following texts and table with financial data from an S&P 500 earnings report 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 september 2007 , we reached a settlement with the united states department of justice in an ongoing investigation into financial relationships between major orthopaedic manufacturers and consulting orthopaedic surgeons . under the terms of the settlement , we paid a civil settlement amount of $ 169.5 million and we recorded an expense in that amount . no tax benefit has been recorded related to the settlement expense due to the uncertainty as to the tax treatment . we intend to pursue resolution of this uncertainty with taxing authorities , but are unable to ascertain the outcome or timing for such resolution at this time . for more information regarding the settlement , see note 15 . in june 2006 , the financial accounting standards board ( fasb ) issued interpretation no . 48 , accounting for uncertainty in income taxes 2013 an interpretation of fasb statement no . 109 , accounting for income taxes ( fin 48 ) . fin 48 addresses the determination of whether tax benefits claimed or expected to be claimed on a tax return should be recorded in the financial statements . under fin 48 , we may recognize the tax benefit from an uncertain tax position only if it is more likely than not that the tax position will be sustained on examination by the taxing authorities , based on the technical merits of the position . the tax benefits recognized in the financial statements from such a position should be measured based on the largest benefit that has a greater than fifty percent likelihood of being realized upon ultimate settlement . fin 48 also provides guidance on derecognition , classification , interest and penalties on income taxes , accounting in interim periods and requires increased disclosures . we adopted fin 48 on january 1 , 2007 . prior to the adoption of fin 48 we had a long term tax liability for expected settlement of various federal , state and foreign income tax liabilities that was reflected net of the corollary tax impact of these expected settlements of $ 102.1 million , as well as a separate accrued interest liability of $ 1.7 million . as a result of the adoption of fin 48 , we are required to present the different components of such liability on a gross basis versus the historical net presentation . the adoption resulted in the financial statement liability for unrecognized tax benefits decreasing by $ 6.4 million as of january 1 , 2007 . the adoption resulted in this decrease in the liability as well as a reduction to retained earnings of $ 4.8 million , a reduction in goodwill of $ 61.4 million , the establishment of a tax receivable of $ 58.2 million , which was recorded in other current and non-current assets on our consolidated balance sheet , and an increase in an interest/penalty payable of $ 7.9 million , all as of january 1 , 2007 . therefore , after the adoption of fin 48 , the amount of unrecognized tax benefits is $ 95.7 million as of january 1 , 2007 , of which $ 28.6 million would impact our effective tax rate , if recognized . the amount of unrecognized tax benefits is $ 135.2 million as of december 31 , 2007 . of this amount , $ 41.0 million would impact our effective tax rate , if recognized . a reconciliation of the beginning and ending amounts of unrecognized tax benefits is as follows ( in millions ) : . <table class='wikitable'><tr><td>1</td><td>balance at january 1 2007</td><td>$ 95.7</td></tr><tr><td>2</td><td>increases related to prior periods</td><td>27.4</td></tr><tr><td>3</td><td>decreases related to prior periods</td><td>-5.5 ( 5.5 )</td></tr><tr><td>4</td><td>increases related to current period</td><td>21.9</td></tr><tr><td>5</td><td>decreases related to settlements with taxing authorities</td><td>-1.3 ( 1.3 )</td></tr><tr><td>6</td><td>decreases related to lapse of statue of limitations</td><td>-3.0 ( 3.0 )</td></tr><tr><td>7</td><td>balance at december 31 2007</td><td>$ 135.2</td></tr></table> we recognize accrued interest and penalties related to unrecognized tax benefits in income tax expense in the consolidated statements of earnings , which is consistent with the recognition of these items in prior reporting periods . as of january 1 , 2007 , we recorded a liability of $ 9.6 million for accrued interest and penalties , of which $ 7.5 million would impact our effective tax rate , if recognized . the amount of this liability is $ 19.6 million as of december 31 , 2007 . of this amount , $ 14.7 million would impact our effective tax rate , if recognized . we expect that the amount of tax liability for unrecognized tax benefits will change in the next twelve months ; however , we do not expect these changes will have a significant impact on our results of operations or financial position . the u.s . federal statute of limitations remains open for the year 2003 and onward with years 2003 and 2004 currently under examination by the irs . it is reasonably possible that a resolution with the irs for the years 2003 through 2004 will be reached within the next twelve months , but we do not anticipate this would result in any material impact on our financial position . in addition , for the 1999 tax year of centerpulse , which we acquired in october 2003 , one issue remains in dispute . the resolution of this issue would not impact our effective tax rate , as it would be recorded as an adjustment to goodwill . state income tax returns are generally subject to examination for a period of 3 to 5 years after filing of the respective return . the state impact of any federal changes remains subject to examination by various states for a period of up to one year after formal notification to the states . we have various state income tax returns in the process of examination , administrative appeals or litigation . it is reasonably possible that such matters will be resolved in the next twelve months , but we do not anticipate that the resolution of these matters would result in any material impact on our results of operations or financial position . foreign jurisdictions have statutes of limitations generally ranging from 3 to 5 years . years still open to examination by foreign tax authorities in major jurisdictions include australia ( 2003 onward ) , canada ( 1999 onward ) , france ( 2005 onward ) , germany ( 2005 onward ) , italy ( 2003 onward ) , japan ( 2001 onward ) , puerto rico ( 2005 onward ) , singapore ( 2003 onward ) , switzerland ( 2004 onward ) , and the united kingdom ( 2005 onward ) . z i m m e r h o l d i n g s , i n c . 2 0 0 7 f o r m 1 0 - k a n n u a l r e p o r t notes to consolidated financial statements ( continued ) .
Question: what was the balance of unrecognized tax benefits as of 12/31/07?
Answer: 135.2
Question: and for 1/1/07?
| 95.7 |
CONVFINQA5763 | Read the following texts and table with financial data from an S&P 500 earnings report 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 september 2007 , we reached a settlement with the united states department of justice in an ongoing investigation into financial relationships between major orthopaedic manufacturers and consulting orthopaedic surgeons . under the terms of the settlement , we paid a civil settlement amount of $ 169.5 million and we recorded an expense in that amount . no tax benefit has been recorded related to the settlement expense due to the uncertainty as to the tax treatment . we intend to pursue resolution of this uncertainty with taxing authorities , but are unable to ascertain the outcome or timing for such resolution at this time . for more information regarding the settlement , see note 15 . in june 2006 , the financial accounting standards board ( fasb ) issued interpretation no . 48 , accounting for uncertainty in income taxes 2013 an interpretation of fasb statement no . 109 , accounting for income taxes ( fin 48 ) . fin 48 addresses the determination of whether tax benefits claimed or expected to be claimed on a tax return should be recorded in the financial statements . under fin 48 , we may recognize the tax benefit from an uncertain tax position only if it is more likely than not that the tax position will be sustained on examination by the taxing authorities , based on the technical merits of the position . the tax benefits recognized in the financial statements from such a position should be measured based on the largest benefit that has a greater than fifty percent likelihood of being realized upon ultimate settlement . fin 48 also provides guidance on derecognition , classification , interest and penalties on income taxes , accounting in interim periods and requires increased disclosures . we adopted fin 48 on january 1 , 2007 . prior to the adoption of fin 48 we had a long term tax liability for expected settlement of various federal , state and foreign income tax liabilities that was reflected net of the corollary tax impact of these expected settlements of $ 102.1 million , as well as a separate accrued interest liability of $ 1.7 million . as a result of the adoption of fin 48 , we are required to present the different components of such liability on a gross basis versus the historical net presentation . the adoption resulted in the financial statement liability for unrecognized tax benefits decreasing by $ 6.4 million as of january 1 , 2007 . the adoption resulted in this decrease in the liability as well as a reduction to retained earnings of $ 4.8 million , a reduction in goodwill of $ 61.4 million , the establishment of a tax receivable of $ 58.2 million , which was recorded in other current and non-current assets on our consolidated balance sheet , and an increase in an interest/penalty payable of $ 7.9 million , all as of january 1 , 2007 . therefore , after the adoption of fin 48 , the amount of unrecognized tax benefits is $ 95.7 million as of january 1 , 2007 , of which $ 28.6 million would impact our effective tax rate , if recognized . the amount of unrecognized tax benefits is $ 135.2 million as of december 31 , 2007 . of this amount , $ 41.0 million would impact our effective tax rate , if recognized . a reconciliation of the beginning and ending amounts of unrecognized tax benefits is as follows ( in millions ) : . <table class='wikitable'><tr><td>1</td><td>balance at january 1 2007</td><td>$ 95.7</td></tr><tr><td>2</td><td>increases related to prior periods</td><td>27.4</td></tr><tr><td>3</td><td>decreases related to prior periods</td><td>-5.5 ( 5.5 )</td></tr><tr><td>4</td><td>increases related to current period</td><td>21.9</td></tr><tr><td>5</td><td>decreases related to settlements with taxing authorities</td><td>-1.3 ( 1.3 )</td></tr><tr><td>6</td><td>decreases related to lapse of statue of limitations</td><td>-3.0 ( 3.0 )</td></tr><tr><td>7</td><td>balance at december 31 2007</td><td>$ 135.2</td></tr></table> we recognize accrued interest and penalties related to unrecognized tax benefits in income tax expense in the consolidated statements of earnings , which is consistent with the recognition of these items in prior reporting periods . as of january 1 , 2007 , we recorded a liability of $ 9.6 million for accrued interest and penalties , of which $ 7.5 million would impact our effective tax rate , if recognized . the amount of this liability is $ 19.6 million as of december 31 , 2007 . of this amount , $ 14.7 million would impact our effective tax rate , if recognized . we expect that the amount of tax liability for unrecognized tax benefits will change in the next twelve months ; however , we do not expect these changes will have a significant impact on our results of operations or financial position . the u.s . federal statute of limitations remains open for the year 2003 and onward with years 2003 and 2004 currently under examination by the irs . it is reasonably possible that a resolution with the irs for the years 2003 through 2004 will be reached within the next twelve months , but we do not anticipate this would result in any material impact on our financial position . in addition , for the 1999 tax year of centerpulse , which we acquired in october 2003 , one issue remains in dispute . the resolution of this issue would not impact our effective tax rate , as it would be recorded as an adjustment to goodwill . state income tax returns are generally subject to examination for a period of 3 to 5 years after filing of the respective return . the state impact of any federal changes remains subject to examination by various states for a period of up to one year after formal notification to the states . we have various state income tax returns in the process of examination , administrative appeals or litigation . it is reasonably possible that such matters will be resolved in the next twelve months , but we do not anticipate that the resolution of these matters would result in any material impact on our results of operations or financial position . foreign jurisdictions have statutes of limitations generally ranging from 3 to 5 years . years still open to examination by foreign tax authorities in major jurisdictions include australia ( 2003 onward ) , canada ( 1999 onward ) , france ( 2005 onward ) , germany ( 2005 onward ) , italy ( 2003 onward ) , japan ( 2001 onward ) , puerto rico ( 2005 onward ) , singapore ( 2003 onward ) , switzerland ( 2004 onward ) , and the united kingdom ( 2005 onward ) . z i m m e r h o l d i n g s , i n c . 2 0 0 7 f o r m 1 0 - k a n n u a l r e p o r t notes to consolidated financial statements ( continued ) .
Question: what was the balance of unrecognized tax benefits as of 12/31/07?
Answer: 135.2
Question: and for 1/1/07?
Answer: 95.7
Question: so what was the proportion of the ending balance to the beginning balance?
| 1.41275 |
CONVFINQA5764 | Read the following texts and table with financial data from an S&P 500 earnings report 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 september 2007 , we reached a settlement with the united states department of justice in an ongoing investigation into financial relationships between major orthopaedic manufacturers and consulting orthopaedic surgeons . under the terms of the settlement , we paid a civil settlement amount of $ 169.5 million and we recorded an expense in that amount . no tax benefit has been recorded related to the settlement expense due to the uncertainty as to the tax treatment . we intend to pursue resolution of this uncertainty with taxing authorities , but are unable to ascertain the outcome or timing for such resolution at this time . for more information regarding the settlement , see note 15 . in june 2006 , the financial accounting standards board ( fasb ) issued interpretation no . 48 , accounting for uncertainty in income taxes 2013 an interpretation of fasb statement no . 109 , accounting for income taxes ( fin 48 ) . fin 48 addresses the determination of whether tax benefits claimed or expected to be claimed on a tax return should be recorded in the financial statements . under fin 48 , we may recognize the tax benefit from an uncertain tax position only if it is more likely than not that the tax position will be sustained on examination by the taxing authorities , based on the technical merits of the position . the tax benefits recognized in the financial statements from such a position should be measured based on the largest benefit that has a greater than fifty percent likelihood of being realized upon ultimate settlement . fin 48 also provides guidance on derecognition , classification , interest and penalties on income taxes , accounting in interim periods and requires increased disclosures . we adopted fin 48 on january 1 , 2007 . prior to the adoption of fin 48 we had a long term tax liability for expected settlement of various federal , state and foreign income tax liabilities that was reflected net of the corollary tax impact of these expected settlements of $ 102.1 million , as well as a separate accrued interest liability of $ 1.7 million . as a result of the adoption of fin 48 , we are required to present the different components of such liability on a gross basis versus the historical net presentation . the adoption resulted in the financial statement liability for unrecognized tax benefits decreasing by $ 6.4 million as of january 1 , 2007 . the adoption resulted in this decrease in the liability as well as a reduction to retained earnings of $ 4.8 million , a reduction in goodwill of $ 61.4 million , the establishment of a tax receivable of $ 58.2 million , which was recorded in other current and non-current assets on our consolidated balance sheet , and an increase in an interest/penalty payable of $ 7.9 million , all as of january 1 , 2007 . therefore , after the adoption of fin 48 , the amount of unrecognized tax benefits is $ 95.7 million as of january 1 , 2007 , of which $ 28.6 million would impact our effective tax rate , if recognized . the amount of unrecognized tax benefits is $ 135.2 million as of december 31 , 2007 . of this amount , $ 41.0 million would impact our effective tax rate , if recognized . a reconciliation of the beginning and ending amounts of unrecognized tax benefits is as follows ( in millions ) : . <table class='wikitable'><tr><td>1</td><td>balance at january 1 2007</td><td>$ 95.7</td></tr><tr><td>2</td><td>increases related to prior periods</td><td>27.4</td></tr><tr><td>3</td><td>decreases related to prior periods</td><td>-5.5 ( 5.5 )</td></tr><tr><td>4</td><td>increases related to current period</td><td>21.9</td></tr><tr><td>5</td><td>decreases related to settlements with taxing authorities</td><td>-1.3 ( 1.3 )</td></tr><tr><td>6</td><td>decreases related to lapse of statue of limitations</td><td>-3.0 ( 3.0 )</td></tr><tr><td>7</td><td>balance at december 31 2007</td><td>$ 135.2</td></tr></table> we recognize accrued interest and penalties related to unrecognized tax benefits in income tax expense in the consolidated statements of earnings , which is consistent with the recognition of these items in prior reporting periods . as of january 1 , 2007 , we recorded a liability of $ 9.6 million for accrued interest and penalties , of which $ 7.5 million would impact our effective tax rate , if recognized . the amount of this liability is $ 19.6 million as of december 31 , 2007 . of this amount , $ 14.7 million would impact our effective tax rate , if recognized . we expect that the amount of tax liability for unrecognized tax benefits will change in the next twelve months ; however , we do not expect these changes will have a significant impact on our results of operations or financial position . the u.s . federal statute of limitations remains open for the year 2003 and onward with years 2003 and 2004 currently under examination by the irs . it is reasonably possible that a resolution with the irs for the years 2003 through 2004 will be reached within the next twelve months , but we do not anticipate this would result in any material impact on our financial position . in addition , for the 1999 tax year of centerpulse , which we acquired in october 2003 , one issue remains in dispute . the resolution of this issue would not impact our effective tax rate , as it would be recorded as an adjustment to goodwill . state income tax returns are generally subject to examination for a period of 3 to 5 years after filing of the respective return . the state impact of any federal changes remains subject to examination by various states for a period of up to one year after formal notification to the states . we have various state income tax returns in the process of examination , administrative appeals or litigation . it is reasonably possible that such matters will be resolved in the next twelve months , but we do not anticipate that the resolution of these matters would result in any material impact on our results of operations or financial position . foreign jurisdictions have statutes of limitations generally ranging from 3 to 5 years . years still open to examination by foreign tax authorities in major jurisdictions include australia ( 2003 onward ) , canada ( 1999 onward ) , france ( 2005 onward ) , germany ( 2005 onward ) , italy ( 2003 onward ) , japan ( 2001 onward ) , puerto rico ( 2005 onward ) , singapore ( 2003 onward ) , switzerland ( 2004 onward ) , and the united kingdom ( 2005 onward ) . z i m m e r h o l d i n g s , i n c . 2 0 0 7 f o r m 1 0 - k a n n u a l r e p o r t notes to consolidated financial statements ( continued ) .
Question: what was the balance of unrecognized tax benefits as of 12/31/07?
Answer: 135.2
Question: and for 1/1/07?
Answer: 95.7
Question: so what was the proportion of the ending balance to the beginning balance?
Answer: 1.41275
Question: and the percentage?
| 0.41275 |
CONVFINQA5765 | Read the following texts and table with financial data from an S&P 500 earnings report 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 26 of 100 our calculation of adjusted net earnings is summarized below: . <table class='wikitable'><tr><td>1</td><td>( $ in millions except per share amounts )</td><td>2010</td><td>2009</td><td>2008</td></tr><tr><td>2</td><td>net earnings attributable to ball corporation as reported</td><td>$ 468.0</td><td>$ 387.9</td><td>$ 319.5</td></tr><tr><td>3</td><td>discontinued operations net of tax</td><td>74.9</td><td>2.2</td><td>-4.6 ( 4.6 )</td></tr><tr><td>4</td><td>business consolidation activities net of tax</td><td>-9.3 ( 9.3 )</td><td>13.0</td><td>27.1</td></tr><tr><td>5</td><td>gains and equity earnings related to acquisitions net of tax</td><td>-105.9 ( 105.9 )</td><td>2212</td><td>2212</td></tr><tr><td>6</td><td>gain on dispositions net of tax</td><td>2212</td><td>-30.7 ( 30.7 )</td><td>-4.4 ( 4.4 )</td></tr><tr><td>7</td><td>debt refinancing costs net of tax</td><td>5.3</td><td>2212</td><td>2212</td></tr><tr><td>8</td><td>adjusted net earnings</td><td>$ 433.0</td><td>$ 372.4</td><td>$ 337.6</td></tr><tr><td>9</td><td>per diluted share from continuing operations as reported</td><td>$ 2.96</td><td>$ 2.05</td><td>$ 1.62</td></tr><tr><td>10</td><td>per diluted share as adjusted</td><td>2.36</td><td>1.96</td><td>1.74</td></tr></table> debt facilities and refinancing interest-bearing debt at december 31 , 2010 , increased $ 216.1 million to $ 2.8 billion from $ 2.6 billion at december 31 , 2009 . in december 2010 , ball replaced its senior credit facilities due october 2011 with new senior credit facilities due december 2015 . the senior credit facilities bear interest at variable rates and include a $ 200 million term a loan denominated in u.s . dollars , a a351 million term b loan denominated in british sterling and a 20ac100 million term c loan denominated in euros . the facilities also include ( 1 ) a multi-currency , long-term revolving credit facility that provides the company with up to approximately $ 850 million and ( 2 ) a french multi-currency revolving facility that provides the company with up to $ 150 million . the revolving credit facilities expire in december 2015 . in november 2010 , ball issued $ 500 million of new 5.75 percent senior notes due in may 2021 . the net proceeds from this offering were used to repay the borrowings under our term d loan facility and for general corporate purposes . in march 2010 , ball issued $ 500 million of new 6.75 percent senior notes due in september 2020 . on that same date , the company issued a notice of redemption to call $ 509 million in 6.875 percent senior notes due december 2012 at a redemption price of 101.146 percent of the outstanding principal amount plus accrued interest . the redemption of the bonds occurred on april 21 , 2010 , and resulted in a charge of $ 8.1 million for the call premium and the write off of unamortized financing costs and unamortized premiums . the charge is included in the 2010 statement of earnings as a component of interest expense . at december 31 , 2010 , approximately $ 976 million was available under the company 2019s committed multi-currency revolving credit facilities . the company 2019s prc operations also had approximately $ 20 million available under a committed credit facility of approximately $ 52 million . in addition to the long-term committed credit facilities , the company had $ 372 million of short-term uncommitted credit facilities available at the end of 2010 , of which $ 76.2 million was outstanding and due on demand , as well as approximately $ 175 million of available borrowings under its accounts receivable securitization program . in october 2010 , the company renewed its receivables sales agreement for a period of one year . the size of the new program will vary between a maximum of $ 125 million for settlement dates in january through april and a maximum of $ 175 million for settlement dates in the remaining months . given our free cash flow projections and unused credit facilities that are available until december 2015 , our liquidity is strong and is expected to meet our ongoing operating cash flow and debt service requirements . while the recent financial and economic conditions have raised concerns about credit risk with counterparties to derivative transactions , the company mitigates its exposure by spreading the risk among various counterparties and limiting exposure to any one party . we also monitor the credit ratings of our suppliers , customers , lenders and counterparties on a regular basis . we were in compliance with all loan agreements at december 31 , 2010 , and all prior years presented , and have met all debt payment obligations . the u.s . note agreements , bank credit agreement and industrial development revenue bond agreements contain certain restrictions relating to dividends , investments , financial ratios , guarantees and the incurrence of additional indebtedness . additional details about our debt and receivables sales agreements are available in notes 12 and 6 , respectively , accompanying the consolidated financial statements within item 8 of this report. .
Question: what was the value per diluted share as adjusted in 2009?
| 1.96 |
CONVFINQA5766 | Read the following texts and table with financial data from an S&P 500 earnings report 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 26 of 100 our calculation of adjusted net earnings is summarized below: . <table class='wikitable'><tr><td>1</td><td>( $ in millions except per share amounts )</td><td>2010</td><td>2009</td><td>2008</td></tr><tr><td>2</td><td>net earnings attributable to ball corporation as reported</td><td>$ 468.0</td><td>$ 387.9</td><td>$ 319.5</td></tr><tr><td>3</td><td>discontinued operations net of tax</td><td>74.9</td><td>2.2</td><td>-4.6 ( 4.6 )</td></tr><tr><td>4</td><td>business consolidation activities net of tax</td><td>-9.3 ( 9.3 )</td><td>13.0</td><td>27.1</td></tr><tr><td>5</td><td>gains and equity earnings related to acquisitions net of tax</td><td>-105.9 ( 105.9 )</td><td>2212</td><td>2212</td></tr><tr><td>6</td><td>gain on dispositions net of tax</td><td>2212</td><td>-30.7 ( 30.7 )</td><td>-4.4 ( 4.4 )</td></tr><tr><td>7</td><td>debt refinancing costs net of tax</td><td>5.3</td><td>2212</td><td>2212</td></tr><tr><td>8</td><td>adjusted net earnings</td><td>$ 433.0</td><td>$ 372.4</td><td>$ 337.6</td></tr><tr><td>9</td><td>per diluted share from continuing operations as reported</td><td>$ 2.96</td><td>$ 2.05</td><td>$ 1.62</td></tr><tr><td>10</td><td>per diluted share as adjusted</td><td>2.36</td><td>1.96</td><td>1.74</td></tr></table> debt facilities and refinancing interest-bearing debt at december 31 , 2010 , increased $ 216.1 million to $ 2.8 billion from $ 2.6 billion at december 31 , 2009 . in december 2010 , ball replaced its senior credit facilities due october 2011 with new senior credit facilities due december 2015 . the senior credit facilities bear interest at variable rates and include a $ 200 million term a loan denominated in u.s . dollars , a a351 million term b loan denominated in british sterling and a 20ac100 million term c loan denominated in euros . the facilities also include ( 1 ) a multi-currency , long-term revolving credit facility that provides the company with up to approximately $ 850 million and ( 2 ) a french multi-currency revolving facility that provides the company with up to $ 150 million . the revolving credit facilities expire in december 2015 . in november 2010 , ball issued $ 500 million of new 5.75 percent senior notes due in may 2021 . the net proceeds from this offering were used to repay the borrowings under our term d loan facility and for general corporate purposes . in march 2010 , ball issued $ 500 million of new 6.75 percent senior notes due in september 2020 . on that same date , the company issued a notice of redemption to call $ 509 million in 6.875 percent senior notes due december 2012 at a redemption price of 101.146 percent of the outstanding principal amount plus accrued interest . the redemption of the bonds occurred on april 21 , 2010 , and resulted in a charge of $ 8.1 million for the call premium and the write off of unamortized financing costs and unamortized premiums . the charge is included in the 2010 statement of earnings as a component of interest expense . at december 31 , 2010 , approximately $ 976 million was available under the company 2019s committed multi-currency revolving credit facilities . the company 2019s prc operations also had approximately $ 20 million available under a committed credit facility of approximately $ 52 million . in addition to the long-term committed credit facilities , the company had $ 372 million of short-term uncommitted credit facilities available at the end of 2010 , of which $ 76.2 million was outstanding and due on demand , as well as approximately $ 175 million of available borrowings under its accounts receivable securitization program . in october 2010 , the company renewed its receivables sales agreement for a period of one year . the size of the new program will vary between a maximum of $ 125 million for settlement dates in january through april and a maximum of $ 175 million for settlement dates in the remaining months . given our free cash flow projections and unused credit facilities that are available until december 2015 , our liquidity is strong and is expected to meet our ongoing operating cash flow and debt service requirements . while the recent financial and economic conditions have raised concerns about credit risk with counterparties to derivative transactions , the company mitigates its exposure by spreading the risk among various counterparties and limiting exposure to any one party . we also monitor the credit ratings of our suppliers , customers , lenders and counterparties on a regular basis . we were in compliance with all loan agreements at december 31 , 2010 , and all prior years presented , and have met all debt payment obligations . the u.s . note agreements , bank credit agreement and industrial development revenue bond agreements contain certain restrictions relating to dividends , investments , financial ratios , guarantees and the incurrence of additional indebtedness . additional details about our debt and receivables sales agreements are available in notes 12 and 6 , respectively , accompanying the consolidated financial statements within item 8 of this report. .
Question: what was the value per diluted share as adjusted in 2009?
Answer: 1.96
Question: what was the value in 2008?
| 1.74 |
CONVFINQA5767 | Read the following texts and table with financial data from an S&P 500 earnings report 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 26 of 100 our calculation of adjusted net earnings is summarized below: . <table class='wikitable'><tr><td>1</td><td>( $ in millions except per share amounts )</td><td>2010</td><td>2009</td><td>2008</td></tr><tr><td>2</td><td>net earnings attributable to ball corporation as reported</td><td>$ 468.0</td><td>$ 387.9</td><td>$ 319.5</td></tr><tr><td>3</td><td>discontinued operations net of tax</td><td>74.9</td><td>2.2</td><td>-4.6 ( 4.6 )</td></tr><tr><td>4</td><td>business consolidation activities net of tax</td><td>-9.3 ( 9.3 )</td><td>13.0</td><td>27.1</td></tr><tr><td>5</td><td>gains and equity earnings related to acquisitions net of tax</td><td>-105.9 ( 105.9 )</td><td>2212</td><td>2212</td></tr><tr><td>6</td><td>gain on dispositions net of tax</td><td>2212</td><td>-30.7 ( 30.7 )</td><td>-4.4 ( 4.4 )</td></tr><tr><td>7</td><td>debt refinancing costs net of tax</td><td>5.3</td><td>2212</td><td>2212</td></tr><tr><td>8</td><td>adjusted net earnings</td><td>$ 433.0</td><td>$ 372.4</td><td>$ 337.6</td></tr><tr><td>9</td><td>per diluted share from continuing operations as reported</td><td>$ 2.96</td><td>$ 2.05</td><td>$ 1.62</td></tr><tr><td>10</td><td>per diluted share as adjusted</td><td>2.36</td><td>1.96</td><td>1.74</td></tr></table> debt facilities and refinancing interest-bearing debt at december 31 , 2010 , increased $ 216.1 million to $ 2.8 billion from $ 2.6 billion at december 31 , 2009 . in december 2010 , ball replaced its senior credit facilities due october 2011 with new senior credit facilities due december 2015 . the senior credit facilities bear interest at variable rates and include a $ 200 million term a loan denominated in u.s . dollars , a a351 million term b loan denominated in british sterling and a 20ac100 million term c loan denominated in euros . the facilities also include ( 1 ) a multi-currency , long-term revolving credit facility that provides the company with up to approximately $ 850 million and ( 2 ) a french multi-currency revolving facility that provides the company with up to $ 150 million . the revolving credit facilities expire in december 2015 . in november 2010 , ball issued $ 500 million of new 5.75 percent senior notes due in may 2021 . the net proceeds from this offering were used to repay the borrowings under our term d loan facility and for general corporate purposes . in march 2010 , ball issued $ 500 million of new 6.75 percent senior notes due in september 2020 . on that same date , the company issued a notice of redemption to call $ 509 million in 6.875 percent senior notes due december 2012 at a redemption price of 101.146 percent of the outstanding principal amount plus accrued interest . the redemption of the bonds occurred on april 21 , 2010 , and resulted in a charge of $ 8.1 million for the call premium and the write off of unamortized financing costs and unamortized premiums . the charge is included in the 2010 statement of earnings as a component of interest expense . at december 31 , 2010 , approximately $ 976 million was available under the company 2019s committed multi-currency revolving credit facilities . the company 2019s prc operations also had approximately $ 20 million available under a committed credit facility of approximately $ 52 million . in addition to the long-term committed credit facilities , the company had $ 372 million of short-term uncommitted credit facilities available at the end of 2010 , of which $ 76.2 million was outstanding and due on demand , as well as approximately $ 175 million of available borrowings under its accounts receivable securitization program . in october 2010 , the company renewed its receivables sales agreement for a period of one year . the size of the new program will vary between a maximum of $ 125 million for settlement dates in january through april and a maximum of $ 175 million for settlement dates in the remaining months . given our free cash flow projections and unused credit facilities that are available until december 2015 , our liquidity is strong and is expected to meet our ongoing operating cash flow and debt service requirements . while the recent financial and economic conditions have raised concerns about credit risk with counterparties to derivative transactions , the company mitigates its exposure by spreading the risk among various counterparties and limiting exposure to any one party . we also monitor the credit ratings of our suppliers , customers , lenders and counterparties on a regular basis . we were in compliance with all loan agreements at december 31 , 2010 , and all prior years presented , and have met all debt payment obligations . the u.s . note agreements , bank credit agreement and industrial development revenue bond agreements contain certain restrictions relating to dividends , investments , financial ratios , guarantees and the incurrence of additional indebtedness . additional details about our debt and receivables sales agreements are available in notes 12 and 6 , respectively , accompanying the consolidated financial statements within item 8 of this report. .
Question: what was the value per diluted share as adjusted in 2009?
Answer: 1.96
Question: what was the value in 2008?
Answer: 1.74
Question: what was the net change in value?
| 0.22 |
CONVFINQA5768 | Read the following texts and table with financial data from an S&P 500 earnings report 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 26 of 100 our calculation of adjusted net earnings is summarized below: . <table class='wikitable'><tr><td>1</td><td>( $ in millions except per share amounts )</td><td>2010</td><td>2009</td><td>2008</td></tr><tr><td>2</td><td>net earnings attributable to ball corporation as reported</td><td>$ 468.0</td><td>$ 387.9</td><td>$ 319.5</td></tr><tr><td>3</td><td>discontinued operations net of tax</td><td>74.9</td><td>2.2</td><td>-4.6 ( 4.6 )</td></tr><tr><td>4</td><td>business consolidation activities net of tax</td><td>-9.3 ( 9.3 )</td><td>13.0</td><td>27.1</td></tr><tr><td>5</td><td>gains and equity earnings related to acquisitions net of tax</td><td>-105.9 ( 105.9 )</td><td>2212</td><td>2212</td></tr><tr><td>6</td><td>gain on dispositions net of tax</td><td>2212</td><td>-30.7 ( 30.7 )</td><td>-4.4 ( 4.4 )</td></tr><tr><td>7</td><td>debt refinancing costs net of tax</td><td>5.3</td><td>2212</td><td>2212</td></tr><tr><td>8</td><td>adjusted net earnings</td><td>$ 433.0</td><td>$ 372.4</td><td>$ 337.6</td></tr><tr><td>9</td><td>per diluted share from continuing operations as reported</td><td>$ 2.96</td><td>$ 2.05</td><td>$ 1.62</td></tr><tr><td>10</td><td>per diluted share as adjusted</td><td>2.36</td><td>1.96</td><td>1.74</td></tr></table> debt facilities and refinancing interest-bearing debt at december 31 , 2010 , increased $ 216.1 million to $ 2.8 billion from $ 2.6 billion at december 31 , 2009 . in december 2010 , ball replaced its senior credit facilities due october 2011 with new senior credit facilities due december 2015 . the senior credit facilities bear interest at variable rates and include a $ 200 million term a loan denominated in u.s . dollars , a a351 million term b loan denominated in british sterling and a 20ac100 million term c loan denominated in euros . the facilities also include ( 1 ) a multi-currency , long-term revolving credit facility that provides the company with up to approximately $ 850 million and ( 2 ) a french multi-currency revolving facility that provides the company with up to $ 150 million . the revolving credit facilities expire in december 2015 . in november 2010 , ball issued $ 500 million of new 5.75 percent senior notes due in may 2021 . the net proceeds from this offering were used to repay the borrowings under our term d loan facility and for general corporate purposes . in march 2010 , ball issued $ 500 million of new 6.75 percent senior notes due in september 2020 . on that same date , the company issued a notice of redemption to call $ 509 million in 6.875 percent senior notes due december 2012 at a redemption price of 101.146 percent of the outstanding principal amount plus accrued interest . the redemption of the bonds occurred on april 21 , 2010 , and resulted in a charge of $ 8.1 million for the call premium and the write off of unamortized financing costs and unamortized premiums . the charge is included in the 2010 statement of earnings as a component of interest expense . at december 31 , 2010 , approximately $ 976 million was available under the company 2019s committed multi-currency revolving credit facilities . the company 2019s prc operations also had approximately $ 20 million available under a committed credit facility of approximately $ 52 million . in addition to the long-term committed credit facilities , the company had $ 372 million of short-term uncommitted credit facilities available at the end of 2010 , of which $ 76.2 million was outstanding and due on demand , as well as approximately $ 175 million of available borrowings under its accounts receivable securitization program . in october 2010 , the company renewed its receivables sales agreement for a period of one year . the size of the new program will vary between a maximum of $ 125 million for settlement dates in january through april and a maximum of $ 175 million for settlement dates in the remaining months . given our free cash flow projections and unused credit facilities that are available until december 2015 , our liquidity is strong and is expected to meet our ongoing operating cash flow and debt service requirements . while the recent financial and economic conditions have raised concerns about credit risk with counterparties to derivative transactions , the company mitigates its exposure by spreading the risk among various counterparties and limiting exposure to any one party . we also monitor the credit ratings of our suppliers , customers , lenders and counterparties on a regular basis . we were in compliance with all loan agreements at december 31 , 2010 , and all prior years presented , and have met all debt payment obligations . the u.s . note agreements , bank credit agreement and industrial development revenue bond agreements contain certain restrictions relating to dividends , investments , financial ratios , guarantees and the incurrence of additional indebtedness . additional details about our debt and receivables sales agreements are available in notes 12 and 6 , respectively , accompanying the consolidated financial statements within item 8 of this report. .
Question: what was the value per diluted share as adjusted in 2009?
Answer: 1.96
Question: what was the value in 2008?
Answer: 1.74
Question: what was the net change in value?
Answer: 0.22
Question: what was the 2008 value?
| 1.74 |
CONVFINQA5769 | Read the following texts and table with financial data from an S&P 500 earnings report 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 26 of 100 our calculation of adjusted net earnings is summarized below: . <table class='wikitable'><tr><td>1</td><td>( $ in millions except per share amounts )</td><td>2010</td><td>2009</td><td>2008</td></tr><tr><td>2</td><td>net earnings attributable to ball corporation as reported</td><td>$ 468.0</td><td>$ 387.9</td><td>$ 319.5</td></tr><tr><td>3</td><td>discontinued operations net of tax</td><td>74.9</td><td>2.2</td><td>-4.6 ( 4.6 )</td></tr><tr><td>4</td><td>business consolidation activities net of tax</td><td>-9.3 ( 9.3 )</td><td>13.0</td><td>27.1</td></tr><tr><td>5</td><td>gains and equity earnings related to acquisitions net of tax</td><td>-105.9 ( 105.9 )</td><td>2212</td><td>2212</td></tr><tr><td>6</td><td>gain on dispositions net of tax</td><td>2212</td><td>-30.7 ( 30.7 )</td><td>-4.4 ( 4.4 )</td></tr><tr><td>7</td><td>debt refinancing costs net of tax</td><td>5.3</td><td>2212</td><td>2212</td></tr><tr><td>8</td><td>adjusted net earnings</td><td>$ 433.0</td><td>$ 372.4</td><td>$ 337.6</td></tr><tr><td>9</td><td>per diluted share from continuing operations as reported</td><td>$ 2.96</td><td>$ 2.05</td><td>$ 1.62</td></tr><tr><td>10</td><td>per diluted share as adjusted</td><td>2.36</td><td>1.96</td><td>1.74</td></tr></table> debt facilities and refinancing interest-bearing debt at december 31 , 2010 , increased $ 216.1 million to $ 2.8 billion from $ 2.6 billion at december 31 , 2009 . in december 2010 , ball replaced its senior credit facilities due october 2011 with new senior credit facilities due december 2015 . the senior credit facilities bear interest at variable rates and include a $ 200 million term a loan denominated in u.s . dollars , a a351 million term b loan denominated in british sterling and a 20ac100 million term c loan denominated in euros . the facilities also include ( 1 ) a multi-currency , long-term revolving credit facility that provides the company with up to approximately $ 850 million and ( 2 ) a french multi-currency revolving facility that provides the company with up to $ 150 million . the revolving credit facilities expire in december 2015 . in november 2010 , ball issued $ 500 million of new 5.75 percent senior notes due in may 2021 . the net proceeds from this offering were used to repay the borrowings under our term d loan facility and for general corporate purposes . in march 2010 , ball issued $ 500 million of new 6.75 percent senior notes due in september 2020 . on that same date , the company issued a notice of redemption to call $ 509 million in 6.875 percent senior notes due december 2012 at a redemption price of 101.146 percent of the outstanding principal amount plus accrued interest . the redemption of the bonds occurred on april 21 , 2010 , and resulted in a charge of $ 8.1 million for the call premium and the write off of unamortized financing costs and unamortized premiums . the charge is included in the 2010 statement of earnings as a component of interest expense . at december 31 , 2010 , approximately $ 976 million was available under the company 2019s committed multi-currency revolving credit facilities . the company 2019s prc operations also had approximately $ 20 million available under a committed credit facility of approximately $ 52 million . in addition to the long-term committed credit facilities , the company had $ 372 million of short-term uncommitted credit facilities available at the end of 2010 , of which $ 76.2 million was outstanding and due on demand , as well as approximately $ 175 million of available borrowings under its accounts receivable securitization program . in october 2010 , the company renewed its receivables sales agreement for a period of one year . the size of the new program will vary between a maximum of $ 125 million for settlement dates in january through april and a maximum of $ 175 million for settlement dates in the remaining months . given our free cash flow projections and unused credit facilities that are available until december 2015 , our liquidity is strong and is expected to meet our ongoing operating cash flow and debt service requirements . while the recent financial and economic conditions have raised concerns about credit risk with counterparties to derivative transactions , the company mitigates its exposure by spreading the risk among various counterparties and limiting exposure to any one party . we also monitor the credit ratings of our suppliers , customers , lenders and counterparties on a regular basis . we were in compliance with all loan agreements at december 31 , 2010 , and all prior years presented , and have met all debt payment obligations . the u.s . note agreements , bank credit agreement and industrial development revenue bond agreements contain certain restrictions relating to dividends , investments , financial ratios , guarantees and the incurrence of additional indebtedness . additional details about our debt and receivables sales agreements are available in notes 12 and 6 , respectively , accompanying the consolidated financial statements within item 8 of this report. .
Question: what was the value per diluted share as adjusted in 2009?
Answer: 1.96
Question: what was the value in 2008?
Answer: 1.74
Question: what was the net change in value?
Answer: 0.22
Question: what was the 2008 value?
Answer: 1.74
Question: what is the percent change?
| 0.12644 |
CONVFINQA5770 | Read the following texts and table with financial data from an S&P 500 earnings report 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 environmental liability includes costs for remediation and restoration of sites , as well as for ongoing monitoring costs , but excludes any anticipated recoveries from third parties . cost estimates are based on information available for each site , financial viability of other potentially responsible parties , and existing technology , laws , and regulations . we believe that we have adequately accrued for our ultimate share of costs at sites subject to joint and several liability . however , the ultimate liability for remediation is difficult to determine because of the number of potentially responsible parties involved , site-specific cost sharing arrangements with other potentially responsible parties , the degree of contamination by various wastes , the scarcity and quality of volumetric data related to many of the sites , and the speculative nature of remediation costs . estimates may also vary due to changes in federal , state , and local laws governing environmental remediation . we do not expect current obligations to have a material adverse effect on our results of operations or financial condition . guarantees 2013 at december 31 , 2006 , we were contingently liable for $ 464 million in guarantees . we have recorded a liability of $ 6 million for the fair value of these obligations as of december 31 , 2006 . we entered into these contingent guarantees in the normal course of business , and they include guaranteed obligations related to our headquarters building , equipment financings , and affiliated operations . the final guarantee expires in 2022 . we are not aware of any existing event of default that would require us to satisfy these guarantees . we do not expect that these guarantees will have a material adverse effect on our consolidated financial condition , results of operations , or liquidity . indemnities 2013 our maximum potential exposure under indemnification arrangements , including certain tax indemnifications , can range from a specified dollar amount to an unlimited amount , depending on the nature of the transactions and the agreements . due to uncertainty as to whether claims will be made or how they will be resolved , we cannot reasonably determine the probability of an adverse claim or reasonably estimate any adverse liability or the total maximum exposure under these indemnification arrangements . we do not have any reason to believe that we will be required to make any material payments under these indemnity provisions . income taxes 2013 as previously reported in our form 10-q for the quarter ended september 30 , 2005 , the irs has completed its examinations and issued notices of deficiency for tax years 1995 through 2002 . among their proposed adjustments is the disallowance of tax deductions claimed in connection with certain donations of property . in the fourth quarter of 2005 , the irs national office issued a technical advice memorandum which left unresolved whether the deductions were proper , pending further factual development . we continue to dispute the donation issue , as well as many of the other proposed adjustments , and will contest the associated tax deficiencies through the irs appeals process , and , if necessary , litigation . in addition , the irs is examining the corporation 2019s federal income tax returns for tax years 2003 and 2004 and should complete their exam in 2007 . we do not expect that the ultimate resolution of these examinations will have a material adverse effect on our consolidated financial statements . 11 . other income other income included the following for the years ended december 31 : millions of dollars 2006 2005 2004 . <table class='wikitable'><tr><td>1</td><td>millions of dollars</td><td>2006</td><td>2005</td><td>2004</td></tr><tr><td>2</td><td>rental income</td><td>$ 83</td><td>$ 59</td><td>$ 55</td></tr><tr><td>3</td><td>net gain on non-operating asset dispositions</td><td>72</td><td>135</td><td>69</td></tr><tr><td>4</td><td>interest income</td><td>29</td><td>17</td><td>10</td></tr><tr><td>5</td><td>sale of receivables fees</td><td>-33 ( 33 )</td><td>-23 ( 23 )</td><td>-11 ( 11 )</td></tr><tr><td>6</td><td>non-operating environmental costs and other</td><td>-33 ( 33 )</td><td>-43 ( 43 )</td><td>-35 ( 35 )</td></tr><tr><td>7</td><td>total</td><td>$ 118</td><td>$ 145</td><td>$ 88</td></tr></table> .
Question: what was the change in the rental income from 2005 to 2006?
| 24.0 |
CONVFINQA5771 | Read the following texts and table with financial data from an S&P 500 earnings report 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 environmental liability includes costs for remediation and restoration of sites , as well as for ongoing monitoring costs , but excludes any anticipated recoveries from third parties . cost estimates are based on information available for each site , financial viability of other potentially responsible parties , and existing technology , laws , and regulations . we believe that we have adequately accrued for our ultimate share of costs at sites subject to joint and several liability . however , the ultimate liability for remediation is difficult to determine because of the number of potentially responsible parties involved , site-specific cost sharing arrangements with other potentially responsible parties , the degree of contamination by various wastes , the scarcity and quality of volumetric data related to many of the sites , and the speculative nature of remediation costs . estimates may also vary due to changes in federal , state , and local laws governing environmental remediation . we do not expect current obligations to have a material adverse effect on our results of operations or financial condition . guarantees 2013 at december 31 , 2006 , we were contingently liable for $ 464 million in guarantees . we have recorded a liability of $ 6 million for the fair value of these obligations as of december 31 , 2006 . we entered into these contingent guarantees in the normal course of business , and they include guaranteed obligations related to our headquarters building , equipment financings , and affiliated operations . the final guarantee expires in 2022 . we are not aware of any existing event of default that would require us to satisfy these guarantees . we do not expect that these guarantees will have a material adverse effect on our consolidated financial condition , results of operations , or liquidity . indemnities 2013 our maximum potential exposure under indemnification arrangements , including certain tax indemnifications , can range from a specified dollar amount to an unlimited amount , depending on the nature of the transactions and the agreements . due to uncertainty as to whether claims will be made or how they will be resolved , we cannot reasonably determine the probability of an adverse claim or reasonably estimate any adverse liability or the total maximum exposure under these indemnification arrangements . we do not have any reason to believe that we will be required to make any material payments under these indemnity provisions . income taxes 2013 as previously reported in our form 10-q for the quarter ended september 30 , 2005 , the irs has completed its examinations and issued notices of deficiency for tax years 1995 through 2002 . among their proposed adjustments is the disallowance of tax deductions claimed in connection with certain donations of property . in the fourth quarter of 2005 , the irs national office issued a technical advice memorandum which left unresolved whether the deductions were proper , pending further factual development . we continue to dispute the donation issue , as well as many of the other proposed adjustments , and will contest the associated tax deficiencies through the irs appeals process , and , if necessary , litigation . in addition , the irs is examining the corporation 2019s federal income tax returns for tax years 2003 and 2004 and should complete their exam in 2007 . we do not expect that the ultimate resolution of these examinations will have a material adverse effect on our consolidated financial statements . 11 . other income other income included the following for the years ended december 31 : millions of dollars 2006 2005 2004 . <table class='wikitable'><tr><td>1</td><td>millions of dollars</td><td>2006</td><td>2005</td><td>2004</td></tr><tr><td>2</td><td>rental income</td><td>$ 83</td><td>$ 59</td><td>$ 55</td></tr><tr><td>3</td><td>net gain on non-operating asset dispositions</td><td>72</td><td>135</td><td>69</td></tr><tr><td>4</td><td>interest income</td><td>29</td><td>17</td><td>10</td></tr><tr><td>5</td><td>sale of receivables fees</td><td>-33 ( 33 )</td><td>-23 ( 23 )</td><td>-11 ( 11 )</td></tr><tr><td>6</td><td>non-operating environmental costs and other</td><td>-33 ( 33 )</td><td>-43 ( 43 )</td><td>-35 ( 35 )</td></tr><tr><td>7</td><td>total</td><td>$ 118</td><td>$ 145</td><td>$ 88</td></tr></table> .
Question: what was the change in the rental income from 2005 to 2006?
Answer: 24.0
Question: and what was that rental income in 2005?
| 59.0 |
CONVFINQA5772 | Read the following texts and table with financial data from an S&P 500 earnings report 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 environmental liability includes costs for remediation and restoration of sites , as well as for ongoing monitoring costs , but excludes any anticipated recoveries from third parties . cost estimates are based on information available for each site , financial viability of other potentially responsible parties , and existing technology , laws , and regulations . we believe that we have adequately accrued for our ultimate share of costs at sites subject to joint and several liability . however , the ultimate liability for remediation is difficult to determine because of the number of potentially responsible parties involved , site-specific cost sharing arrangements with other potentially responsible parties , the degree of contamination by various wastes , the scarcity and quality of volumetric data related to many of the sites , and the speculative nature of remediation costs . estimates may also vary due to changes in federal , state , and local laws governing environmental remediation . we do not expect current obligations to have a material adverse effect on our results of operations or financial condition . guarantees 2013 at december 31 , 2006 , we were contingently liable for $ 464 million in guarantees . we have recorded a liability of $ 6 million for the fair value of these obligations as of december 31 , 2006 . we entered into these contingent guarantees in the normal course of business , and they include guaranteed obligations related to our headquarters building , equipment financings , and affiliated operations . the final guarantee expires in 2022 . we are not aware of any existing event of default that would require us to satisfy these guarantees . we do not expect that these guarantees will have a material adverse effect on our consolidated financial condition , results of operations , or liquidity . indemnities 2013 our maximum potential exposure under indemnification arrangements , including certain tax indemnifications , can range from a specified dollar amount to an unlimited amount , depending on the nature of the transactions and the agreements . due to uncertainty as to whether claims will be made or how they will be resolved , we cannot reasonably determine the probability of an adverse claim or reasonably estimate any adverse liability or the total maximum exposure under these indemnification arrangements . we do not have any reason to believe that we will be required to make any material payments under these indemnity provisions . income taxes 2013 as previously reported in our form 10-q for the quarter ended september 30 , 2005 , the irs has completed its examinations and issued notices of deficiency for tax years 1995 through 2002 . among their proposed adjustments is the disallowance of tax deductions claimed in connection with certain donations of property . in the fourth quarter of 2005 , the irs national office issued a technical advice memorandum which left unresolved whether the deductions were proper , pending further factual development . we continue to dispute the donation issue , as well as many of the other proposed adjustments , and will contest the associated tax deficiencies through the irs appeals process , and , if necessary , litigation . in addition , the irs is examining the corporation 2019s federal income tax returns for tax years 2003 and 2004 and should complete their exam in 2007 . we do not expect that the ultimate resolution of these examinations will have a material adverse effect on our consolidated financial statements . 11 . other income other income included the following for the years ended december 31 : millions of dollars 2006 2005 2004 . <table class='wikitable'><tr><td>1</td><td>millions of dollars</td><td>2006</td><td>2005</td><td>2004</td></tr><tr><td>2</td><td>rental income</td><td>$ 83</td><td>$ 59</td><td>$ 55</td></tr><tr><td>3</td><td>net gain on non-operating asset dispositions</td><td>72</td><td>135</td><td>69</td></tr><tr><td>4</td><td>interest income</td><td>29</td><td>17</td><td>10</td></tr><tr><td>5</td><td>sale of receivables fees</td><td>-33 ( 33 )</td><td>-23 ( 23 )</td><td>-11 ( 11 )</td></tr><tr><td>6</td><td>non-operating environmental costs and other</td><td>-33 ( 33 )</td><td>-43 ( 43 )</td><td>-35 ( 35 )</td></tr><tr><td>7</td><td>total</td><td>$ 118</td><td>$ 145</td><td>$ 88</td></tr></table> .
Question: what was the change in the rental income from 2005 to 2006?
Answer: 24.0
Question: and what was that rental income in 2005?
Answer: 59.0
Question: how much, then, does that change represent in relation to this 2005 rental income, in percentage?
| 0.40678 |
CONVFINQA5773 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
appropriate statistical bases . total expense for repairs and maintenance incurred was $ 2.5 billion for 2015 , $ 2.4 billion for 2014 , and $ 2.3 billion for 2013 . assets held under capital leases are recorded at the lower of the net present value of the minimum lease payments or the fair value of the leased asset at the inception of the lease . amortization expense is computed using the straight-line method over the shorter of the estimated useful lives of the assets or the period of the related lease . 13 . accounts payable and other current liabilities dec . 31 , dec . 31 , millions 2015 2014 . <table class='wikitable'><tr><td>1</td><td>millions</td><td>dec . 31 2015</td><td>dec . 31 2014</td></tr><tr><td>2</td><td>accounts payable</td><td>$ 743</td><td>$ 877</td></tr><tr><td>3</td><td>income and other taxes payable</td><td>434</td><td>412</td></tr><tr><td>4</td><td>accrued wages and vacation</td><td>391</td><td>409</td></tr><tr><td>5</td><td>interest payable</td><td>208</td><td>178</td></tr><tr><td>6</td><td>accrued casualty costs</td><td>181</td><td>249</td></tr><tr><td>7</td><td>equipment rents payable</td><td>105</td><td>100</td></tr><tr><td>8</td><td>dividends payable [a]</td><td>-</td><td>438</td></tr><tr><td>9</td><td>other</td><td>550</td><td>640</td></tr><tr><td>10</td><td>total accounts payable and other current liabilities</td><td>$ 2612</td><td>$ 3303</td></tr></table> [a] beginning in 2015 , the timing of the dividend declaration and payable dates was aligned to occur within the same quarter . the 2015 dividends paid amount includes the fourth quarter 2014 dividend of $ 438 million , which was paid on january 2 , 2015 , the first quarter 2015 dividend of $ 484 million , which was paid on march 30 , 2015 , the second quarter 2015 dividend of $ 479 million , which was paid on june 30 , 2015 , the third quarter 2015 dividend of $ 476 million , which was paid on september 30 , 2015 , as well as the fourth quarter 2015 dividend of $ 467 million , which was paid on december 30 , 2015 . 14 . financial instruments strategy and risk 2013 we may use derivative financial instruments in limited instances for other than trading purposes to assist in managing our overall exposure to fluctuations in interest rates and fuel prices . we are not a party to leveraged derivatives and , by policy , do not use derivative financial instruments for speculative purposes . derivative financial instruments qualifying for hedge accounting must maintain a specified level of effectiveness between the hedging instrument and the item being hedged , both at inception and throughout the hedged period . we formally document the nature and relationships between the hedging instruments and hedged items at inception , as well as our risk- management objectives , strategies for undertaking the various hedge transactions , and method of assessing hedge effectiveness . changes in the fair market value of derivative financial instruments that do not qualify for hedge accounting are charged to earnings . we may use swaps , collars , futures , and/or forward contracts to mitigate the risk of adverse movements in interest rates and fuel prices ; however , the use of these derivative financial instruments may limit future benefits from favorable interest rate and fuel price movements . market and credit risk 2013 we address market risk related to derivative financial instruments by selecting instruments with value fluctuations that highly correlate with the underlying hedged item . we manage credit risk related to derivative financial instruments , which is minimal , by requiring high credit standards for counterparties and periodic settlements . at december 31 , 2015 , and 2014 , we were not required to provide collateral , nor had we received collateral , relating to our hedging activities . interest rate fair value hedges 2013 we manage our overall exposure to fluctuations in interest rates by adjusting the proportion of fixed and floating rate debt instruments within our debt portfolio over a given period . we generally manage the mix of fixed and floating rate debt through the issuance of targeted amounts of each as debt matures or as we require incremental borrowings . we employ derivatives , primarily swaps , as one of the tools to obtain the targeted mix . in addition , we also obtain flexibility in managing interest costs and the interest rate mix within our debt portfolio by evaluating the issuance of and managing outstanding callable fixed-rate debt securities . swaps allow us to convert debt from fixed rates to variable rates and thereby hedge the risk of changes in the debt 2019s fair value attributable to the changes in interest rates . we account for swaps as fair value hedges using the short-cut method ; therefore , we do not record any ineffectiveness within our .
Question: what was the value of equipment rents payable in 2015?
| 105.0 |
CONVFINQA5774 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
appropriate statistical bases . total expense for repairs and maintenance incurred was $ 2.5 billion for 2015 , $ 2.4 billion for 2014 , and $ 2.3 billion for 2013 . assets held under capital leases are recorded at the lower of the net present value of the minimum lease payments or the fair value of the leased asset at the inception of the lease . amortization expense is computed using the straight-line method over the shorter of the estimated useful lives of the assets or the period of the related lease . 13 . accounts payable and other current liabilities dec . 31 , dec . 31 , millions 2015 2014 . <table class='wikitable'><tr><td>1</td><td>millions</td><td>dec . 31 2015</td><td>dec . 31 2014</td></tr><tr><td>2</td><td>accounts payable</td><td>$ 743</td><td>$ 877</td></tr><tr><td>3</td><td>income and other taxes payable</td><td>434</td><td>412</td></tr><tr><td>4</td><td>accrued wages and vacation</td><td>391</td><td>409</td></tr><tr><td>5</td><td>interest payable</td><td>208</td><td>178</td></tr><tr><td>6</td><td>accrued casualty costs</td><td>181</td><td>249</td></tr><tr><td>7</td><td>equipment rents payable</td><td>105</td><td>100</td></tr><tr><td>8</td><td>dividends payable [a]</td><td>-</td><td>438</td></tr><tr><td>9</td><td>other</td><td>550</td><td>640</td></tr><tr><td>10</td><td>total accounts payable and other current liabilities</td><td>$ 2612</td><td>$ 3303</td></tr></table> [a] beginning in 2015 , the timing of the dividend declaration and payable dates was aligned to occur within the same quarter . the 2015 dividends paid amount includes the fourth quarter 2014 dividend of $ 438 million , which was paid on january 2 , 2015 , the first quarter 2015 dividend of $ 484 million , which was paid on march 30 , 2015 , the second quarter 2015 dividend of $ 479 million , which was paid on june 30 , 2015 , the third quarter 2015 dividend of $ 476 million , which was paid on september 30 , 2015 , as well as the fourth quarter 2015 dividend of $ 467 million , which was paid on december 30 , 2015 . 14 . financial instruments strategy and risk 2013 we may use derivative financial instruments in limited instances for other than trading purposes to assist in managing our overall exposure to fluctuations in interest rates and fuel prices . we are not a party to leveraged derivatives and , by policy , do not use derivative financial instruments for speculative purposes . derivative financial instruments qualifying for hedge accounting must maintain a specified level of effectiveness between the hedging instrument and the item being hedged , both at inception and throughout the hedged period . we formally document the nature and relationships between the hedging instruments and hedged items at inception , as well as our risk- management objectives , strategies for undertaking the various hedge transactions , and method of assessing hedge effectiveness . changes in the fair market value of derivative financial instruments that do not qualify for hedge accounting are charged to earnings . we may use swaps , collars , futures , and/or forward contracts to mitigate the risk of adverse movements in interest rates and fuel prices ; however , the use of these derivative financial instruments may limit future benefits from favorable interest rate and fuel price movements . market and credit risk 2013 we address market risk related to derivative financial instruments by selecting instruments with value fluctuations that highly correlate with the underlying hedged item . we manage credit risk related to derivative financial instruments , which is minimal , by requiring high credit standards for counterparties and periodic settlements . at december 31 , 2015 , and 2014 , we were not required to provide collateral , nor had we received collateral , relating to our hedging activities . interest rate fair value hedges 2013 we manage our overall exposure to fluctuations in interest rates by adjusting the proportion of fixed and floating rate debt instruments within our debt portfolio over a given period . we generally manage the mix of fixed and floating rate debt through the issuance of targeted amounts of each as debt matures or as we require incremental borrowings . we employ derivatives , primarily swaps , as one of the tools to obtain the targeted mix . in addition , we also obtain flexibility in managing interest costs and the interest rate mix within our debt portfolio by evaluating the issuance of and managing outstanding callable fixed-rate debt securities . swaps allow us to convert debt from fixed rates to variable rates and thereby hedge the risk of changes in the debt 2019s fair value attributable to the changes in interest rates . we account for swaps as fair value hedges using the short-cut method ; therefore , we do not record any ineffectiveness within our .
Question: what was the value of equipment rents payable in 2015?
Answer: 105.0
Question: what was the 2014 value?
| 100.0 |
CONVFINQA5775 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
appropriate statistical bases . total expense for repairs and maintenance incurred was $ 2.5 billion for 2015 , $ 2.4 billion for 2014 , and $ 2.3 billion for 2013 . assets held under capital leases are recorded at the lower of the net present value of the minimum lease payments or the fair value of the leased asset at the inception of the lease . amortization expense is computed using the straight-line method over the shorter of the estimated useful lives of the assets or the period of the related lease . 13 . accounts payable and other current liabilities dec . 31 , dec . 31 , millions 2015 2014 . <table class='wikitable'><tr><td>1</td><td>millions</td><td>dec . 31 2015</td><td>dec . 31 2014</td></tr><tr><td>2</td><td>accounts payable</td><td>$ 743</td><td>$ 877</td></tr><tr><td>3</td><td>income and other taxes payable</td><td>434</td><td>412</td></tr><tr><td>4</td><td>accrued wages and vacation</td><td>391</td><td>409</td></tr><tr><td>5</td><td>interest payable</td><td>208</td><td>178</td></tr><tr><td>6</td><td>accrued casualty costs</td><td>181</td><td>249</td></tr><tr><td>7</td><td>equipment rents payable</td><td>105</td><td>100</td></tr><tr><td>8</td><td>dividends payable [a]</td><td>-</td><td>438</td></tr><tr><td>9</td><td>other</td><td>550</td><td>640</td></tr><tr><td>10</td><td>total accounts payable and other current liabilities</td><td>$ 2612</td><td>$ 3303</td></tr></table> [a] beginning in 2015 , the timing of the dividend declaration and payable dates was aligned to occur within the same quarter . the 2015 dividends paid amount includes the fourth quarter 2014 dividend of $ 438 million , which was paid on january 2 , 2015 , the first quarter 2015 dividend of $ 484 million , which was paid on march 30 , 2015 , the second quarter 2015 dividend of $ 479 million , which was paid on june 30 , 2015 , the third quarter 2015 dividend of $ 476 million , which was paid on september 30 , 2015 , as well as the fourth quarter 2015 dividend of $ 467 million , which was paid on december 30 , 2015 . 14 . financial instruments strategy and risk 2013 we may use derivative financial instruments in limited instances for other than trading purposes to assist in managing our overall exposure to fluctuations in interest rates and fuel prices . we are not a party to leveraged derivatives and , by policy , do not use derivative financial instruments for speculative purposes . derivative financial instruments qualifying for hedge accounting must maintain a specified level of effectiveness between the hedging instrument and the item being hedged , both at inception and throughout the hedged period . we formally document the nature and relationships between the hedging instruments and hedged items at inception , as well as our risk- management objectives , strategies for undertaking the various hedge transactions , and method of assessing hedge effectiveness . changes in the fair market value of derivative financial instruments that do not qualify for hedge accounting are charged to earnings . we may use swaps , collars , futures , and/or forward contracts to mitigate the risk of adverse movements in interest rates and fuel prices ; however , the use of these derivative financial instruments may limit future benefits from favorable interest rate and fuel price movements . market and credit risk 2013 we address market risk related to derivative financial instruments by selecting instruments with value fluctuations that highly correlate with the underlying hedged item . we manage credit risk related to derivative financial instruments , which is minimal , by requiring high credit standards for counterparties and periodic settlements . at december 31 , 2015 , and 2014 , we were not required to provide collateral , nor had we received collateral , relating to our hedging activities . interest rate fair value hedges 2013 we manage our overall exposure to fluctuations in interest rates by adjusting the proportion of fixed and floating rate debt instruments within our debt portfolio over a given period . we generally manage the mix of fixed and floating rate debt through the issuance of targeted amounts of each as debt matures or as we require incremental borrowings . we employ derivatives , primarily swaps , as one of the tools to obtain the targeted mix . in addition , we also obtain flexibility in managing interest costs and the interest rate mix within our debt portfolio by evaluating the issuance of and managing outstanding callable fixed-rate debt securities . swaps allow us to convert debt from fixed rates to variable rates and thereby hedge the risk of changes in the debt 2019s fair value attributable to the changes in interest rates . we account for swaps as fair value hedges using the short-cut method ; therefore , we do not record any ineffectiveness within our .
Question: what was the value of equipment rents payable in 2015?
Answer: 105.0
Question: what was the 2014 value?
Answer: 100.0
Question: what is the net difference?
| 5.0 |
CONVFINQA5776 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
appropriate statistical bases . total expense for repairs and maintenance incurred was $ 2.5 billion for 2015 , $ 2.4 billion for 2014 , and $ 2.3 billion for 2013 . assets held under capital leases are recorded at the lower of the net present value of the minimum lease payments or the fair value of the leased asset at the inception of the lease . amortization expense is computed using the straight-line method over the shorter of the estimated useful lives of the assets or the period of the related lease . 13 . accounts payable and other current liabilities dec . 31 , dec . 31 , millions 2015 2014 . <table class='wikitable'><tr><td>1</td><td>millions</td><td>dec . 31 2015</td><td>dec . 31 2014</td></tr><tr><td>2</td><td>accounts payable</td><td>$ 743</td><td>$ 877</td></tr><tr><td>3</td><td>income and other taxes payable</td><td>434</td><td>412</td></tr><tr><td>4</td><td>accrued wages and vacation</td><td>391</td><td>409</td></tr><tr><td>5</td><td>interest payable</td><td>208</td><td>178</td></tr><tr><td>6</td><td>accrued casualty costs</td><td>181</td><td>249</td></tr><tr><td>7</td><td>equipment rents payable</td><td>105</td><td>100</td></tr><tr><td>8</td><td>dividends payable [a]</td><td>-</td><td>438</td></tr><tr><td>9</td><td>other</td><td>550</td><td>640</td></tr><tr><td>10</td><td>total accounts payable and other current liabilities</td><td>$ 2612</td><td>$ 3303</td></tr></table> [a] beginning in 2015 , the timing of the dividend declaration and payable dates was aligned to occur within the same quarter . the 2015 dividends paid amount includes the fourth quarter 2014 dividend of $ 438 million , which was paid on january 2 , 2015 , the first quarter 2015 dividend of $ 484 million , which was paid on march 30 , 2015 , the second quarter 2015 dividend of $ 479 million , which was paid on june 30 , 2015 , the third quarter 2015 dividend of $ 476 million , which was paid on september 30 , 2015 , as well as the fourth quarter 2015 dividend of $ 467 million , which was paid on december 30 , 2015 . 14 . financial instruments strategy and risk 2013 we may use derivative financial instruments in limited instances for other than trading purposes to assist in managing our overall exposure to fluctuations in interest rates and fuel prices . we are not a party to leveraged derivatives and , by policy , do not use derivative financial instruments for speculative purposes . derivative financial instruments qualifying for hedge accounting must maintain a specified level of effectiveness between the hedging instrument and the item being hedged , both at inception and throughout the hedged period . we formally document the nature and relationships between the hedging instruments and hedged items at inception , as well as our risk- management objectives , strategies for undertaking the various hedge transactions , and method of assessing hedge effectiveness . changes in the fair market value of derivative financial instruments that do not qualify for hedge accounting are charged to earnings . we may use swaps , collars , futures , and/or forward contracts to mitigate the risk of adverse movements in interest rates and fuel prices ; however , the use of these derivative financial instruments may limit future benefits from favorable interest rate and fuel price movements . market and credit risk 2013 we address market risk related to derivative financial instruments by selecting instruments with value fluctuations that highly correlate with the underlying hedged item . we manage credit risk related to derivative financial instruments , which is minimal , by requiring high credit standards for counterparties and periodic settlements . at december 31 , 2015 , and 2014 , we were not required to provide collateral , nor had we received collateral , relating to our hedging activities . interest rate fair value hedges 2013 we manage our overall exposure to fluctuations in interest rates by adjusting the proportion of fixed and floating rate debt instruments within our debt portfolio over a given period . we generally manage the mix of fixed and floating rate debt through the issuance of targeted amounts of each as debt matures or as we require incremental borrowings . we employ derivatives , primarily swaps , as one of the tools to obtain the targeted mix . in addition , we also obtain flexibility in managing interest costs and the interest rate mix within our debt portfolio by evaluating the issuance of and managing outstanding callable fixed-rate debt securities . swaps allow us to convert debt from fixed rates to variable rates and thereby hedge the risk of changes in the debt 2019s fair value attributable to the changes in interest rates . we account for swaps as fair value hedges using the short-cut method ; therefore , we do not record any ineffectiveness within our .
Question: what was the value of equipment rents payable in 2015?
Answer: 105.0
Question: what was the 2014 value?
Answer: 100.0
Question: what is the net difference?
Answer: 5.0
Question: what is the 2014 value
| 100.0 |
CONVFINQA5777 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
appropriate statistical bases . total expense for repairs and maintenance incurred was $ 2.5 billion for 2015 , $ 2.4 billion for 2014 , and $ 2.3 billion for 2013 . assets held under capital leases are recorded at the lower of the net present value of the minimum lease payments or the fair value of the leased asset at the inception of the lease . amortization expense is computed using the straight-line method over the shorter of the estimated useful lives of the assets or the period of the related lease . 13 . accounts payable and other current liabilities dec . 31 , dec . 31 , millions 2015 2014 . <table class='wikitable'><tr><td>1</td><td>millions</td><td>dec . 31 2015</td><td>dec . 31 2014</td></tr><tr><td>2</td><td>accounts payable</td><td>$ 743</td><td>$ 877</td></tr><tr><td>3</td><td>income and other taxes payable</td><td>434</td><td>412</td></tr><tr><td>4</td><td>accrued wages and vacation</td><td>391</td><td>409</td></tr><tr><td>5</td><td>interest payable</td><td>208</td><td>178</td></tr><tr><td>6</td><td>accrued casualty costs</td><td>181</td><td>249</td></tr><tr><td>7</td><td>equipment rents payable</td><td>105</td><td>100</td></tr><tr><td>8</td><td>dividends payable [a]</td><td>-</td><td>438</td></tr><tr><td>9</td><td>other</td><td>550</td><td>640</td></tr><tr><td>10</td><td>total accounts payable and other current liabilities</td><td>$ 2612</td><td>$ 3303</td></tr></table> [a] beginning in 2015 , the timing of the dividend declaration and payable dates was aligned to occur within the same quarter . the 2015 dividends paid amount includes the fourth quarter 2014 dividend of $ 438 million , which was paid on january 2 , 2015 , the first quarter 2015 dividend of $ 484 million , which was paid on march 30 , 2015 , the second quarter 2015 dividend of $ 479 million , which was paid on june 30 , 2015 , the third quarter 2015 dividend of $ 476 million , which was paid on september 30 , 2015 , as well as the fourth quarter 2015 dividend of $ 467 million , which was paid on december 30 , 2015 . 14 . financial instruments strategy and risk 2013 we may use derivative financial instruments in limited instances for other than trading purposes to assist in managing our overall exposure to fluctuations in interest rates and fuel prices . we are not a party to leveraged derivatives and , by policy , do not use derivative financial instruments for speculative purposes . derivative financial instruments qualifying for hedge accounting must maintain a specified level of effectiveness between the hedging instrument and the item being hedged , both at inception and throughout the hedged period . we formally document the nature and relationships between the hedging instruments and hedged items at inception , as well as our risk- management objectives , strategies for undertaking the various hedge transactions , and method of assessing hedge effectiveness . changes in the fair market value of derivative financial instruments that do not qualify for hedge accounting are charged to earnings . we may use swaps , collars , futures , and/or forward contracts to mitigate the risk of adverse movements in interest rates and fuel prices ; however , the use of these derivative financial instruments may limit future benefits from favorable interest rate and fuel price movements . market and credit risk 2013 we address market risk related to derivative financial instruments by selecting instruments with value fluctuations that highly correlate with the underlying hedged item . we manage credit risk related to derivative financial instruments , which is minimal , by requiring high credit standards for counterparties and periodic settlements . at december 31 , 2015 , and 2014 , we were not required to provide collateral , nor had we received collateral , relating to our hedging activities . interest rate fair value hedges 2013 we manage our overall exposure to fluctuations in interest rates by adjusting the proportion of fixed and floating rate debt instruments within our debt portfolio over a given period . we generally manage the mix of fixed and floating rate debt through the issuance of targeted amounts of each as debt matures or as we require incremental borrowings . we employ derivatives , primarily swaps , as one of the tools to obtain the targeted mix . in addition , we also obtain flexibility in managing interest costs and the interest rate mix within our debt portfolio by evaluating the issuance of and managing outstanding callable fixed-rate debt securities . swaps allow us to convert debt from fixed rates to variable rates and thereby hedge the risk of changes in the debt 2019s fair value attributable to the changes in interest rates . we account for swaps as fair value hedges using the short-cut method ; therefore , we do not record any ineffectiveness within our .
Question: what was the value of equipment rents payable in 2015?
Answer: 105.0
Question: what was the 2014 value?
Answer: 100.0
Question: what is the net difference?
Answer: 5.0
Question: what is the 2014 value
Answer: 100.0
Question: what is the net difference over the 2014 value?
| 0.05 |
CONVFINQA5778 | Read the following texts and table with financial data from an S&P 500 earnings report 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 the primary source of our liquidity is cash flow from operations . over the most recent two-year period , our operations have generated $ 5.6 billion in cash . a substantial portion of this operating cash flow has been returned to shareholders through share repurchases and dividends . we also use cash from operations to fund our capital expenditures and acquisitions . we typically use a combination of cash , notes payable , and long-term debt , and occasionally issue shares of stock , to finance significant acquisitions . as of may 26 , 2019 , we had $ 399 million of cash and cash equivalents held in foreign jurisdictions . as a result of the tcja , the historic undistributed earnings of our foreign subsidiaries were taxed in the u.s . via the one-time repatriation tax in fiscal 2018 . we have re-evaluated our assertion and have concluded that although earnings prior to fiscal 2018 will remain permanently reinvested , we will no longer make a permanent reinvestment assertion beginning with our fiscal 2018 earnings . as part of the accounting for the tcja , we recorded local country withholding taxes related to certain entities from which we began repatriating undistributed earnings and will continue to record local country withholding taxes on all future earnings . as a result of the transition tax , we may repatriate our cash and cash equivalents held by our foreign subsidiaries without such funds being subject to further u.s . income tax liability ( please see note 14 to the consolidated financial statements in item 8 of this report for additional information ) . cash flows from operations . <table class='wikitable'><tr><td>1</td><td>in millions</td><td>fiscal year 2019</td><td>fiscal year 2018</td></tr><tr><td>2</td><td>net earnings including earnings attributable to redeemable and noncontrollinginterests</td><td>$ 1786.2</td><td>$ 2163.0</td></tr><tr><td>3</td><td>depreciation and amortization</td><td>620.1</td><td>618.8</td></tr><tr><td>4</td><td>after-taxearnings from joint ventures</td><td>-72.0 ( 72.0 )</td><td>-84.7 ( 84.7 )</td></tr><tr><td>5</td><td>distributions of earnings from joint ventures</td><td>86.7</td><td>113.2</td></tr><tr><td>6</td><td>stock-based compensation</td><td>84.9</td><td>77.0</td></tr><tr><td>7</td><td>deferred income taxes</td><td>93.5</td><td>-504.3 ( 504.3 )</td></tr><tr><td>8</td><td>pension and other postretirement benefit plan contributions</td><td>-28.8 ( 28.8 )</td><td>-31.8 ( 31.8 )</td></tr><tr><td>9</td><td>pension and other postretirement benefit plan costs</td><td>6.1</td><td>4.6</td></tr><tr><td>10</td><td>divestitures loss</td><td>30.0</td><td>-</td></tr><tr><td>11</td><td>restructuring impairment and other exit costs</td><td>235.7</td><td>126.0</td></tr><tr><td>12</td><td>changes in current assets and liabilities excluding the effects of acquisitions anddivestitures</td><td>-7.5 ( 7.5 )</td><td>542.1</td></tr><tr><td>13</td><td>other net</td><td>-27.9 ( 27.9 )</td><td>-182.9 ( 182.9 )</td></tr><tr><td>14</td><td>net cash provided by operating activities</td><td>$ 2807.0</td><td>$ 2841.0</td></tr></table> during fiscal 2019 , cash provided by operations was $ 2807 million compared to $ 2841 million in the same period last year . the $ 34 million decrease was primarily driven by a $ 377 million decrease in net earnings and a $ 550 million change in current assets and liabilities , partially offset by a $ 598 million change in deferred income taxes . the $ 550 million change in current assets and liabilities was primarily driven by a $ 413 million change in the timing of accounts payable , including the impact of longer payment terms implemented in prior fiscal years . the change in deferred income taxes was primarily related to the $ 638 million provisional benefit from revaluing our net u.s . deferred tax liabilities to reflect the new u.s . corporate tax rate as a result of the tcja in fiscal we strive to grow core working capital at or below the rate of growth in our net sales . for fiscal 2019 , core working capital decreased 34 percent , compared to a net sales increase of 7 percent . as of may 26 , 2019 , our core working capital balance totaled $ 385 million , down 34 percent versus last year , this is primarily driven by continued benefits from our payment terms extension program and lower inventory balances . in fiscal 2018 , core working capital decreased 27 percent , compared to a net sales increase of 1 percent. .
Question: what was the change in the cash provided by operations from 2018 to 2019?
| -34.0 |
CONVFINQA5779 | Read the following texts and table with financial data from an S&P 500 earnings report 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 the primary source of our liquidity is cash flow from operations . over the most recent two-year period , our operations have generated $ 5.6 billion in cash . a substantial portion of this operating cash flow has been returned to shareholders through share repurchases and dividends . we also use cash from operations to fund our capital expenditures and acquisitions . we typically use a combination of cash , notes payable , and long-term debt , and occasionally issue shares of stock , to finance significant acquisitions . as of may 26 , 2019 , we had $ 399 million of cash and cash equivalents held in foreign jurisdictions . as a result of the tcja , the historic undistributed earnings of our foreign subsidiaries were taxed in the u.s . via the one-time repatriation tax in fiscal 2018 . we have re-evaluated our assertion and have concluded that although earnings prior to fiscal 2018 will remain permanently reinvested , we will no longer make a permanent reinvestment assertion beginning with our fiscal 2018 earnings . as part of the accounting for the tcja , we recorded local country withholding taxes related to certain entities from which we began repatriating undistributed earnings and will continue to record local country withholding taxes on all future earnings . as a result of the transition tax , we may repatriate our cash and cash equivalents held by our foreign subsidiaries without such funds being subject to further u.s . income tax liability ( please see note 14 to the consolidated financial statements in item 8 of this report for additional information ) . cash flows from operations . <table class='wikitable'><tr><td>1</td><td>in millions</td><td>fiscal year 2019</td><td>fiscal year 2018</td></tr><tr><td>2</td><td>net earnings including earnings attributable to redeemable and noncontrollinginterests</td><td>$ 1786.2</td><td>$ 2163.0</td></tr><tr><td>3</td><td>depreciation and amortization</td><td>620.1</td><td>618.8</td></tr><tr><td>4</td><td>after-taxearnings from joint ventures</td><td>-72.0 ( 72.0 )</td><td>-84.7 ( 84.7 )</td></tr><tr><td>5</td><td>distributions of earnings from joint ventures</td><td>86.7</td><td>113.2</td></tr><tr><td>6</td><td>stock-based compensation</td><td>84.9</td><td>77.0</td></tr><tr><td>7</td><td>deferred income taxes</td><td>93.5</td><td>-504.3 ( 504.3 )</td></tr><tr><td>8</td><td>pension and other postretirement benefit plan contributions</td><td>-28.8 ( 28.8 )</td><td>-31.8 ( 31.8 )</td></tr><tr><td>9</td><td>pension and other postretirement benefit plan costs</td><td>6.1</td><td>4.6</td></tr><tr><td>10</td><td>divestitures loss</td><td>30.0</td><td>-</td></tr><tr><td>11</td><td>restructuring impairment and other exit costs</td><td>235.7</td><td>126.0</td></tr><tr><td>12</td><td>changes in current assets and liabilities excluding the effects of acquisitions anddivestitures</td><td>-7.5 ( 7.5 )</td><td>542.1</td></tr><tr><td>13</td><td>other net</td><td>-27.9 ( 27.9 )</td><td>-182.9 ( 182.9 )</td></tr><tr><td>14</td><td>net cash provided by operating activities</td><td>$ 2807.0</td><td>$ 2841.0</td></tr></table> during fiscal 2019 , cash provided by operations was $ 2807 million compared to $ 2841 million in the same period last year . the $ 34 million decrease was primarily driven by a $ 377 million decrease in net earnings and a $ 550 million change in current assets and liabilities , partially offset by a $ 598 million change in deferred income taxes . the $ 550 million change in current assets and liabilities was primarily driven by a $ 413 million change in the timing of accounts payable , including the impact of longer payment terms implemented in prior fiscal years . the change in deferred income taxes was primarily related to the $ 638 million provisional benefit from revaluing our net u.s . deferred tax liabilities to reflect the new u.s . corporate tax rate as a result of the tcja in fiscal we strive to grow core working capital at or below the rate of growth in our net sales . for fiscal 2019 , core working capital decreased 34 percent , compared to a net sales increase of 7 percent . as of may 26 , 2019 , our core working capital balance totaled $ 385 million , down 34 percent versus last year , this is primarily driven by continued benefits from our payment terms extension program and lower inventory balances . in fiscal 2018 , core working capital decreased 27 percent , compared to a net sales increase of 1 percent. .
Question: what was the change in the cash provided by operations from 2018 to 2019?
Answer: -34.0
Question: and what was that cash in 2018?
| 2841.0 |
CONVFINQA5780 | Read the following texts and table with financial data from an S&P 500 earnings report 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 the primary source of our liquidity is cash flow from operations . over the most recent two-year period , our operations have generated $ 5.6 billion in cash . a substantial portion of this operating cash flow has been returned to shareholders through share repurchases and dividends . we also use cash from operations to fund our capital expenditures and acquisitions . we typically use a combination of cash , notes payable , and long-term debt , and occasionally issue shares of stock , to finance significant acquisitions . as of may 26 , 2019 , we had $ 399 million of cash and cash equivalents held in foreign jurisdictions . as a result of the tcja , the historic undistributed earnings of our foreign subsidiaries were taxed in the u.s . via the one-time repatriation tax in fiscal 2018 . we have re-evaluated our assertion and have concluded that although earnings prior to fiscal 2018 will remain permanently reinvested , we will no longer make a permanent reinvestment assertion beginning with our fiscal 2018 earnings . as part of the accounting for the tcja , we recorded local country withholding taxes related to certain entities from which we began repatriating undistributed earnings and will continue to record local country withholding taxes on all future earnings . as a result of the transition tax , we may repatriate our cash and cash equivalents held by our foreign subsidiaries without such funds being subject to further u.s . income tax liability ( please see note 14 to the consolidated financial statements in item 8 of this report for additional information ) . cash flows from operations . <table class='wikitable'><tr><td>1</td><td>in millions</td><td>fiscal year 2019</td><td>fiscal year 2018</td></tr><tr><td>2</td><td>net earnings including earnings attributable to redeemable and noncontrollinginterests</td><td>$ 1786.2</td><td>$ 2163.0</td></tr><tr><td>3</td><td>depreciation and amortization</td><td>620.1</td><td>618.8</td></tr><tr><td>4</td><td>after-taxearnings from joint ventures</td><td>-72.0 ( 72.0 )</td><td>-84.7 ( 84.7 )</td></tr><tr><td>5</td><td>distributions of earnings from joint ventures</td><td>86.7</td><td>113.2</td></tr><tr><td>6</td><td>stock-based compensation</td><td>84.9</td><td>77.0</td></tr><tr><td>7</td><td>deferred income taxes</td><td>93.5</td><td>-504.3 ( 504.3 )</td></tr><tr><td>8</td><td>pension and other postretirement benefit plan contributions</td><td>-28.8 ( 28.8 )</td><td>-31.8 ( 31.8 )</td></tr><tr><td>9</td><td>pension and other postretirement benefit plan costs</td><td>6.1</td><td>4.6</td></tr><tr><td>10</td><td>divestitures loss</td><td>30.0</td><td>-</td></tr><tr><td>11</td><td>restructuring impairment and other exit costs</td><td>235.7</td><td>126.0</td></tr><tr><td>12</td><td>changes in current assets and liabilities excluding the effects of acquisitions anddivestitures</td><td>-7.5 ( 7.5 )</td><td>542.1</td></tr><tr><td>13</td><td>other net</td><td>-27.9 ( 27.9 )</td><td>-182.9 ( 182.9 )</td></tr><tr><td>14</td><td>net cash provided by operating activities</td><td>$ 2807.0</td><td>$ 2841.0</td></tr></table> during fiscal 2019 , cash provided by operations was $ 2807 million compared to $ 2841 million in the same period last year . the $ 34 million decrease was primarily driven by a $ 377 million decrease in net earnings and a $ 550 million change in current assets and liabilities , partially offset by a $ 598 million change in deferred income taxes . the $ 550 million change in current assets and liabilities was primarily driven by a $ 413 million change in the timing of accounts payable , including the impact of longer payment terms implemented in prior fiscal years . the change in deferred income taxes was primarily related to the $ 638 million provisional benefit from revaluing our net u.s . deferred tax liabilities to reflect the new u.s . corporate tax rate as a result of the tcja in fiscal we strive to grow core working capital at or below the rate of growth in our net sales . for fiscal 2019 , core working capital decreased 34 percent , compared to a net sales increase of 7 percent . as of may 26 , 2019 , our core working capital balance totaled $ 385 million , down 34 percent versus last year , this is primarily driven by continued benefits from our payment terms extension program and lower inventory balances . in fiscal 2018 , core working capital decreased 27 percent , compared to a net sales increase of 1 percent. .
Question: what was the change in the cash provided by operations from 2018 to 2019?
Answer: -34.0
Question: and what was that cash in 2018?
Answer: 2841.0
Question: how much, then, does that change represent in relation to this 2018 cash provided by operations, in percentage?
| -0.01197 |
CONVFINQA5781 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
united parcel service , inc . and subsidiaries management's discussion and analysis of financial condition and results of operations liquidity and capital resources operating activities the following is a summary of the significant sources ( uses ) of cash from operating activities ( amounts in millions ) : . <table class='wikitable'><tr><td>1</td><td>-</td><td>2013</td><td>2012</td><td>2011</td></tr><tr><td>2</td><td>net income</td><td>$ 4372</td><td>$ 807</td><td>$ 3804</td></tr><tr><td>3</td><td>non-cash operating activities ( a )</td><td>3318</td><td>7313</td><td>4578</td></tr><tr><td>4</td><td>pension and postretirement plan contributions ( ups-sponsored plans )</td><td>-212 ( 212 )</td><td>-917 ( 917 )</td><td>-1436 ( 1436 )</td></tr><tr><td>5</td><td>income tax receivables and payables</td><td>-155 ( 155 )</td><td>280</td><td>236</td></tr><tr><td>6</td><td>changes in working capital and other noncurrent assets and liabilities</td><td>121</td><td>-148 ( 148 )</td><td>-12 ( 12 )</td></tr><tr><td>7</td><td>other operating activities</td><td>-140 ( 140 )</td><td>-119 ( 119 )</td><td>-97 ( 97 )</td></tr><tr><td>8</td><td>net cash from operating activities</td><td>$ 7304</td><td>$ 7216</td><td>$ 7073</td></tr></table> ( a ) represents depreciation and amortization , gains and losses on derivative and foreign exchange transactions , deferred income taxes , provisions for uncollectible accounts , pension and postretirement benefit expense , stock compensation expense , impairment charges and other non-cash items . cash from operating activities remained strong throughout the 2011 to 2013 time period . operating cash flow was favorably impacted in 2013 , compared with 2012 , by lower contributions into our defined benefit pension and postretirement benefit plans ; however , this was partially offset by certain tnt express transaction-related charges , as well as changes in income tax receivables and payables . we paid a termination fee to tnt express of 20ac200 million ( $ 268 million ) under the agreement to terminate the merger protocol in the first quarter of 2013 . additionally , the cash payments for income taxes increased in 2013 compared with 2012 , and were impacted by the timing of current tax deductions . except for discretionary or accelerated fundings of our plans , contributions to our company-sponsored pension plans have largely varied based on whether any minimum funding requirements are present for individual pension plans . 2022 in 2013 , we did not have any required , nor make any discretionary , contributions to our primary company-sponsored pension plans in the u.s . 2022 in 2012 , we made a $ 355 million required contribution to the ups ibt pension plan . 2022 in 2011 , we made a $ 1.2 billion contribution to the ups ibt pension plan , which satisfied our 2011 contribution requirements and also approximately $ 440 million in contributions that would not have been required until after 2011 . 2022 the remaining contributions in the 2011 through 2013 period were largely due to contributions to our international pension plans and u.s . postretirement medical benefit plans . as discussed further in the 201ccontractual commitments 201d section , we have minimum funding requirements in the next several years , primarily related to the ups ibt pension , ups retirement and ups pension plans . as of december 31 , 2013 , the total of our worldwide holdings of cash and cash equivalents was $ 4.665 billion . approximately 45%-55% ( 45%-55 % ) of cash and cash equivalents was held by foreign subsidiaries throughout the year . the amount of cash held by our u.s . and foreign subsidiaries fluctuates throughout the year due to a variety of factors , including the timing of cash receipts and disbursements in the normal course of business . cash provided by operating activities in the united states continues to be our primary source of funds to finance domestic operating needs , capital expenditures , share repurchases and dividend payments to shareowners . to the extent that such amounts represent previously untaxed earnings , the cash held by foreign subsidiaries would be subject to tax if such amounts were repatriated in the form of dividends ; however , not all international cash balances would have to be repatriated in the form of a dividend if returned to the u.s . when amounts earned by foreign subsidiaries are expected to be indefinitely reinvested , no accrual for taxes is provided. .
Question: what is the net change in value of cash from operating activities from 2012 to 2013?
| 88.0 |
CONVFINQA5782 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
united parcel service , inc . and subsidiaries management's discussion and analysis of financial condition and results of operations liquidity and capital resources operating activities the following is a summary of the significant sources ( uses ) of cash from operating activities ( amounts in millions ) : . <table class='wikitable'><tr><td>1</td><td>-</td><td>2013</td><td>2012</td><td>2011</td></tr><tr><td>2</td><td>net income</td><td>$ 4372</td><td>$ 807</td><td>$ 3804</td></tr><tr><td>3</td><td>non-cash operating activities ( a )</td><td>3318</td><td>7313</td><td>4578</td></tr><tr><td>4</td><td>pension and postretirement plan contributions ( ups-sponsored plans )</td><td>-212 ( 212 )</td><td>-917 ( 917 )</td><td>-1436 ( 1436 )</td></tr><tr><td>5</td><td>income tax receivables and payables</td><td>-155 ( 155 )</td><td>280</td><td>236</td></tr><tr><td>6</td><td>changes in working capital and other noncurrent assets and liabilities</td><td>121</td><td>-148 ( 148 )</td><td>-12 ( 12 )</td></tr><tr><td>7</td><td>other operating activities</td><td>-140 ( 140 )</td><td>-119 ( 119 )</td><td>-97 ( 97 )</td></tr><tr><td>8</td><td>net cash from operating activities</td><td>$ 7304</td><td>$ 7216</td><td>$ 7073</td></tr></table> ( a ) represents depreciation and amortization , gains and losses on derivative and foreign exchange transactions , deferred income taxes , provisions for uncollectible accounts , pension and postretirement benefit expense , stock compensation expense , impairment charges and other non-cash items . cash from operating activities remained strong throughout the 2011 to 2013 time period . operating cash flow was favorably impacted in 2013 , compared with 2012 , by lower contributions into our defined benefit pension and postretirement benefit plans ; however , this was partially offset by certain tnt express transaction-related charges , as well as changes in income tax receivables and payables . we paid a termination fee to tnt express of 20ac200 million ( $ 268 million ) under the agreement to terminate the merger protocol in the first quarter of 2013 . additionally , the cash payments for income taxes increased in 2013 compared with 2012 , and were impacted by the timing of current tax deductions . except for discretionary or accelerated fundings of our plans , contributions to our company-sponsored pension plans have largely varied based on whether any minimum funding requirements are present for individual pension plans . 2022 in 2013 , we did not have any required , nor make any discretionary , contributions to our primary company-sponsored pension plans in the u.s . 2022 in 2012 , we made a $ 355 million required contribution to the ups ibt pension plan . 2022 in 2011 , we made a $ 1.2 billion contribution to the ups ibt pension plan , which satisfied our 2011 contribution requirements and also approximately $ 440 million in contributions that would not have been required until after 2011 . 2022 the remaining contributions in the 2011 through 2013 period were largely due to contributions to our international pension plans and u.s . postretirement medical benefit plans . as discussed further in the 201ccontractual commitments 201d section , we have minimum funding requirements in the next several years , primarily related to the ups ibt pension , ups retirement and ups pension plans . as of december 31 , 2013 , the total of our worldwide holdings of cash and cash equivalents was $ 4.665 billion . approximately 45%-55% ( 45%-55 % ) of cash and cash equivalents was held by foreign subsidiaries throughout the year . the amount of cash held by our u.s . and foreign subsidiaries fluctuates throughout the year due to a variety of factors , including the timing of cash receipts and disbursements in the normal course of business . cash provided by operating activities in the united states continues to be our primary source of funds to finance domestic operating needs , capital expenditures , share repurchases and dividend payments to shareowners . to the extent that such amounts represent previously untaxed earnings , the cash held by foreign subsidiaries would be subject to tax if such amounts were repatriated in the form of dividends ; however , not all international cash balances would have to be repatriated in the form of a dividend if returned to the u.s . when amounts earned by foreign subsidiaries are expected to be indefinitely reinvested , no accrual for taxes is provided. .
Question: what is the net change in value of cash from operating activities from 2012 to 2013?
Answer: 88.0
Question: what was the value of cash from operating activities in 2012?
| 7216.0 |
CONVFINQA5783 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
united parcel service , inc . and subsidiaries management's discussion and analysis of financial condition and results of operations liquidity and capital resources operating activities the following is a summary of the significant sources ( uses ) of cash from operating activities ( amounts in millions ) : . <table class='wikitable'><tr><td>1</td><td>-</td><td>2013</td><td>2012</td><td>2011</td></tr><tr><td>2</td><td>net income</td><td>$ 4372</td><td>$ 807</td><td>$ 3804</td></tr><tr><td>3</td><td>non-cash operating activities ( a )</td><td>3318</td><td>7313</td><td>4578</td></tr><tr><td>4</td><td>pension and postretirement plan contributions ( ups-sponsored plans )</td><td>-212 ( 212 )</td><td>-917 ( 917 )</td><td>-1436 ( 1436 )</td></tr><tr><td>5</td><td>income tax receivables and payables</td><td>-155 ( 155 )</td><td>280</td><td>236</td></tr><tr><td>6</td><td>changes in working capital and other noncurrent assets and liabilities</td><td>121</td><td>-148 ( 148 )</td><td>-12 ( 12 )</td></tr><tr><td>7</td><td>other operating activities</td><td>-140 ( 140 )</td><td>-119 ( 119 )</td><td>-97 ( 97 )</td></tr><tr><td>8</td><td>net cash from operating activities</td><td>$ 7304</td><td>$ 7216</td><td>$ 7073</td></tr></table> ( a ) represents depreciation and amortization , gains and losses on derivative and foreign exchange transactions , deferred income taxes , provisions for uncollectible accounts , pension and postretirement benefit expense , stock compensation expense , impairment charges and other non-cash items . cash from operating activities remained strong throughout the 2011 to 2013 time period . operating cash flow was favorably impacted in 2013 , compared with 2012 , by lower contributions into our defined benefit pension and postretirement benefit plans ; however , this was partially offset by certain tnt express transaction-related charges , as well as changes in income tax receivables and payables . we paid a termination fee to tnt express of 20ac200 million ( $ 268 million ) under the agreement to terminate the merger protocol in the first quarter of 2013 . additionally , the cash payments for income taxes increased in 2013 compared with 2012 , and were impacted by the timing of current tax deductions . except for discretionary or accelerated fundings of our plans , contributions to our company-sponsored pension plans have largely varied based on whether any minimum funding requirements are present for individual pension plans . 2022 in 2013 , we did not have any required , nor make any discretionary , contributions to our primary company-sponsored pension plans in the u.s . 2022 in 2012 , we made a $ 355 million required contribution to the ups ibt pension plan . 2022 in 2011 , we made a $ 1.2 billion contribution to the ups ibt pension plan , which satisfied our 2011 contribution requirements and also approximately $ 440 million in contributions that would not have been required until after 2011 . 2022 the remaining contributions in the 2011 through 2013 period were largely due to contributions to our international pension plans and u.s . postretirement medical benefit plans . as discussed further in the 201ccontractual commitments 201d section , we have minimum funding requirements in the next several years , primarily related to the ups ibt pension , ups retirement and ups pension plans . as of december 31 , 2013 , the total of our worldwide holdings of cash and cash equivalents was $ 4.665 billion . approximately 45%-55% ( 45%-55 % ) of cash and cash equivalents was held by foreign subsidiaries throughout the year . the amount of cash held by our u.s . and foreign subsidiaries fluctuates throughout the year due to a variety of factors , including the timing of cash receipts and disbursements in the normal course of business . cash provided by operating activities in the united states continues to be our primary source of funds to finance domestic operating needs , capital expenditures , share repurchases and dividend payments to shareowners . to the extent that such amounts represent previously untaxed earnings , the cash held by foreign subsidiaries would be subject to tax if such amounts were repatriated in the form of dividends ; however , not all international cash balances would have to be repatriated in the form of a dividend if returned to the u.s . when amounts earned by foreign subsidiaries are expected to be indefinitely reinvested , no accrual for taxes is provided. .
Question: what is the net change in value of cash from operating activities from 2012 to 2013?
Answer: 88.0
Question: what was the value of cash from operating activities in 2012?
Answer: 7216.0
Question: what is the percent change?
| 0.0122 |
CONVFINQA5784 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
backlog backlog increased in 2015 compared to 2014 primarily due to higher orders on f-35 and c-130 programs . backlog decreased slightly in 2014 compared to 2013 primarily due to lower orders on f-16 and f-22 programs . trends we expect aeronautics 2019 2016 net sales to increase in the mid-single digit percentage range as compared to 2015 due to increased volume on the f-35 and c-130 programs , partially offset by decreased volume on the f-16 program . operating profit is also expected to increase in the low single-digit percentage range , driven by increased volume on the f-35 program offset by contract mix that results in a slight decrease in operating margins between years . information systems & global solutions our is&gs business segment provides advanced technology systems and expertise , integrated information technology solutions and management services across a broad spectrum of applications for civil , defense , intelligence and other government customers . is&gs 2019 technical services business provides a comprehensive portfolio of technical and sustainment services . is&gs has a portfolio of many smaller contracts as compared to our other business segments . is&gs has been impacted by the continued downturn in certain federal agencies 2019 information technology budgets and increased re-competition on existing contracts coupled with the fragmentation of large contracts into multiple smaller contracts that are awarded primarily on the basis of price . is&gs 2019 operating results included the following ( in millions ) : . <table class='wikitable'><tr><td>1</td><td>-</td><td>2015</td><td>2014</td><td>2013</td></tr><tr><td>2</td><td>net sales</td><td>$ 5596</td><td>$ 5654</td><td>$ 6115</td></tr><tr><td>3</td><td>operating profit</td><td>508</td><td>472</td><td>498</td></tr><tr><td>4</td><td>operating margins</td><td>9.1% ( 9.1 % )</td><td>8.3% ( 8.3 % )</td><td>8.1% ( 8.1 % )</td></tr><tr><td>5</td><td>backlog at year-end</td><td>$ 4800</td><td>$ 6000</td><td>$ 6300</td></tr></table> 2015 compared to 2014 is&gs 2019 net sales decreased $ 58 million , or 1% ( 1 % ) , in 2015 as compared to 2014 . the decrease was attributable to lower net sales of approximately $ 395 million as a result of key program completions , lower customer funding levels and increased competition , coupled with the fragmentation of existing large contracts into multiple smaller contracts that are awarded primarily on the basis of price when re-competed ( including cms-citic ) . these decreases were partially offset by higher net sales of approximately $ 230 million for businesses acquired in 2014 ; and approximately $ 110 million due to the start-up of new programs and growth in recently awarded programs . is&gs 2019 operating profit increased $ 36 million , or 8% ( 8 % ) , in 2015 as compared to 2014 . the increase was attributable to improved program performance and risk retirements , offset by decreased operating profit resulting from the activities mentioned above for net sales . adjustments not related to volume , including net profit booking rate adjustments and other matters , were approximately $ 70 million higher in 2015 compared to 2014 . 2014 compared to 2013 is&gs 2019 net sales decreased $ 461 million , or 8% ( 8 % ) , in 2014 as compared to 2013 . the decrease was primarily attributable to lower net sales of about $ 475 million due to the wind-down or completion of certain programs , driven by reductions in direct warfighter support ( including jieddo ) ; and approximately $ 320 million due to decreased volume in technical services programs reflecting market pressures . the decreases were offset by higher net sales of about $ 330 million due to the start-up of new programs , growth in recently awarded programs and integration of recently acquired companies . is&gs 2019 operating profit decreased $ 26 million , or 5% ( 5 % ) , in 2014 as compared to 2013 . the decrease was primarily attributable to the activities mentioned above for sales , partially offset by severance recoveries related to the restructuring announced in november 2013 of approximately $ 20 million in 2014 . adjustments not related to volume , including net profit booking rate adjustments , were comparable in 2014 and 2013. .
Question: what is the backlog at year-end of 2014?
| 6000.0 |
CONVFINQA5785 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
backlog backlog increased in 2015 compared to 2014 primarily due to higher orders on f-35 and c-130 programs . backlog decreased slightly in 2014 compared to 2013 primarily due to lower orders on f-16 and f-22 programs . trends we expect aeronautics 2019 2016 net sales to increase in the mid-single digit percentage range as compared to 2015 due to increased volume on the f-35 and c-130 programs , partially offset by decreased volume on the f-16 program . operating profit is also expected to increase in the low single-digit percentage range , driven by increased volume on the f-35 program offset by contract mix that results in a slight decrease in operating margins between years . information systems & global solutions our is&gs business segment provides advanced technology systems and expertise , integrated information technology solutions and management services across a broad spectrum of applications for civil , defense , intelligence and other government customers . is&gs 2019 technical services business provides a comprehensive portfolio of technical and sustainment services . is&gs has a portfolio of many smaller contracts as compared to our other business segments . is&gs has been impacted by the continued downturn in certain federal agencies 2019 information technology budgets and increased re-competition on existing contracts coupled with the fragmentation of large contracts into multiple smaller contracts that are awarded primarily on the basis of price . is&gs 2019 operating results included the following ( in millions ) : . <table class='wikitable'><tr><td>1</td><td>-</td><td>2015</td><td>2014</td><td>2013</td></tr><tr><td>2</td><td>net sales</td><td>$ 5596</td><td>$ 5654</td><td>$ 6115</td></tr><tr><td>3</td><td>operating profit</td><td>508</td><td>472</td><td>498</td></tr><tr><td>4</td><td>operating margins</td><td>9.1% ( 9.1 % )</td><td>8.3% ( 8.3 % )</td><td>8.1% ( 8.1 % )</td></tr><tr><td>5</td><td>backlog at year-end</td><td>$ 4800</td><td>$ 6000</td><td>$ 6300</td></tr></table> 2015 compared to 2014 is&gs 2019 net sales decreased $ 58 million , or 1% ( 1 % ) , in 2015 as compared to 2014 . the decrease was attributable to lower net sales of approximately $ 395 million as a result of key program completions , lower customer funding levels and increased competition , coupled with the fragmentation of existing large contracts into multiple smaller contracts that are awarded primarily on the basis of price when re-competed ( including cms-citic ) . these decreases were partially offset by higher net sales of approximately $ 230 million for businesses acquired in 2014 ; and approximately $ 110 million due to the start-up of new programs and growth in recently awarded programs . is&gs 2019 operating profit increased $ 36 million , or 8% ( 8 % ) , in 2015 as compared to 2014 . the increase was attributable to improved program performance and risk retirements , offset by decreased operating profit resulting from the activities mentioned above for net sales . adjustments not related to volume , including net profit booking rate adjustments and other matters , were approximately $ 70 million higher in 2015 compared to 2014 . 2014 compared to 2013 is&gs 2019 net sales decreased $ 461 million , or 8% ( 8 % ) , in 2014 as compared to 2013 . the decrease was primarily attributable to lower net sales of about $ 475 million due to the wind-down or completion of certain programs , driven by reductions in direct warfighter support ( including jieddo ) ; and approximately $ 320 million due to decreased volume in technical services programs reflecting market pressures . the decreases were offset by higher net sales of about $ 330 million due to the start-up of new programs , growth in recently awarded programs and integration of recently acquired companies . is&gs 2019 operating profit decreased $ 26 million , or 5% ( 5 % ) , in 2014 as compared to 2013 . the decrease was primarily attributable to the activities mentioned above for sales , partially offset by severance recoveries related to the restructuring announced in november 2013 of approximately $ 20 million in 2014 . adjustments not related to volume , including net profit booking rate adjustments , were comparable in 2014 and 2013. .
Question: what is the backlog at year-end of 2014?
Answer: 6000.0
Question: and that of 2013?
| 6300.0 |
CONVFINQA5786 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
backlog backlog increased in 2015 compared to 2014 primarily due to higher orders on f-35 and c-130 programs . backlog decreased slightly in 2014 compared to 2013 primarily due to lower orders on f-16 and f-22 programs . trends we expect aeronautics 2019 2016 net sales to increase in the mid-single digit percentage range as compared to 2015 due to increased volume on the f-35 and c-130 programs , partially offset by decreased volume on the f-16 program . operating profit is also expected to increase in the low single-digit percentage range , driven by increased volume on the f-35 program offset by contract mix that results in a slight decrease in operating margins between years . information systems & global solutions our is&gs business segment provides advanced technology systems and expertise , integrated information technology solutions and management services across a broad spectrum of applications for civil , defense , intelligence and other government customers . is&gs 2019 technical services business provides a comprehensive portfolio of technical and sustainment services . is&gs has a portfolio of many smaller contracts as compared to our other business segments . is&gs has been impacted by the continued downturn in certain federal agencies 2019 information technology budgets and increased re-competition on existing contracts coupled with the fragmentation of large contracts into multiple smaller contracts that are awarded primarily on the basis of price . is&gs 2019 operating results included the following ( in millions ) : . <table class='wikitable'><tr><td>1</td><td>-</td><td>2015</td><td>2014</td><td>2013</td></tr><tr><td>2</td><td>net sales</td><td>$ 5596</td><td>$ 5654</td><td>$ 6115</td></tr><tr><td>3</td><td>operating profit</td><td>508</td><td>472</td><td>498</td></tr><tr><td>4</td><td>operating margins</td><td>9.1% ( 9.1 % )</td><td>8.3% ( 8.3 % )</td><td>8.1% ( 8.1 % )</td></tr><tr><td>5</td><td>backlog at year-end</td><td>$ 4800</td><td>$ 6000</td><td>$ 6300</td></tr></table> 2015 compared to 2014 is&gs 2019 net sales decreased $ 58 million , or 1% ( 1 % ) , in 2015 as compared to 2014 . the decrease was attributable to lower net sales of approximately $ 395 million as a result of key program completions , lower customer funding levels and increased competition , coupled with the fragmentation of existing large contracts into multiple smaller contracts that are awarded primarily on the basis of price when re-competed ( including cms-citic ) . these decreases were partially offset by higher net sales of approximately $ 230 million for businesses acquired in 2014 ; and approximately $ 110 million due to the start-up of new programs and growth in recently awarded programs . is&gs 2019 operating profit increased $ 36 million , or 8% ( 8 % ) , in 2015 as compared to 2014 . the increase was attributable to improved program performance and risk retirements , offset by decreased operating profit resulting from the activities mentioned above for net sales . adjustments not related to volume , including net profit booking rate adjustments and other matters , were approximately $ 70 million higher in 2015 compared to 2014 . 2014 compared to 2013 is&gs 2019 net sales decreased $ 461 million , or 8% ( 8 % ) , in 2014 as compared to 2013 . the decrease was primarily attributable to lower net sales of about $ 475 million due to the wind-down or completion of certain programs , driven by reductions in direct warfighter support ( including jieddo ) ; and approximately $ 320 million due to decreased volume in technical services programs reflecting market pressures . the decreases were offset by higher net sales of about $ 330 million due to the start-up of new programs , growth in recently awarded programs and integration of recently acquired companies . is&gs 2019 operating profit decreased $ 26 million , or 5% ( 5 % ) , in 2014 as compared to 2013 . the decrease was primarily attributable to the activities mentioned above for sales , partially offset by severance recoveries related to the restructuring announced in november 2013 of approximately $ 20 million in 2014 . adjustments not related to volume , including net profit booking rate adjustments , were comparable in 2014 and 2013. .
Question: what is the backlog at year-end of 2014?
Answer: 6000.0
Question: and that of 2013?
Answer: 6300.0
Question: what is the difference between the backlog at year-end of 2014 and 2013?
| -300.0 |
CONVFINQA5787 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
backlog backlog increased in 2015 compared to 2014 primarily due to higher orders on f-35 and c-130 programs . backlog decreased slightly in 2014 compared to 2013 primarily due to lower orders on f-16 and f-22 programs . trends we expect aeronautics 2019 2016 net sales to increase in the mid-single digit percentage range as compared to 2015 due to increased volume on the f-35 and c-130 programs , partially offset by decreased volume on the f-16 program . operating profit is also expected to increase in the low single-digit percentage range , driven by increased volume on the f-35 program offset by contract mix that results in a slight decrease in operating margins between years . information systems & global solutions our is&gs business segment provides advanced technology systems and expertise , integrated information technology solutions and management services across a broad spectrum of applications for civil , defense , intelligence and other government customers . is&gs 2019 technical services business provides a comprehensive portfolio of technical and sustainment services . is&gs has a portfolio of many smaller contracts as compared to our other business segments . is&gs has been impacted by the continued downturn in certain federal agencies 2019 information technology budgets and increased re-competition on existing contracts coupled with the fragmentation of large contracts into multiple smaller contracts that are awarded primarily on the basis of price . is&gs 2019 operating results included the following ( in millions ) : . <table class='wikitable'><tr><td>1</td><td>-</td><td>2015</td><td>2014</td><td>2013</td></tr><tr><td>2</td><td>net sales</td><td>$ 5596</td><td>$ 5654</td><td>$ 6115</td></tr><tr><td>3</td><td>operating profit</td><td>508</td><td>472</td><td>498</td></tr><tr><td>4</td><td>operating margins</td><td>9.1% ( 9.1 % )</td><td>8.3% ( 8.3 % )</td><td>8.1% ( 8.1 % )</td></tr><tr><td>5</td><td>backlog at year-end</td><td>$ 4800</td><td>$ 6000</td><td>$ 6300</td></tr></table> 2015 compared to 2014 is&gs 2019 net sales decreased $ 58 million , or 1% ( 1 % ) , in 2015 as compared to 2014 . the decrease was attributable to lower net sales of approximately $ 395 million as a result of key program completions , lower customer funding levels and increased competition , coupled with the fragmentation of existing large contracts into multiple smaller contracts that are awarded primarily on the basis of price when re-competed ( including cms-citic ) . these decreases were partially offset by higher net sales of approximately $ 230 million for businesses acquired in 2014 ; and approximately $ 110 million due to the start-up of new programs and growth in recently awarded programs . is&gs 2019 operating profit increased $ 36 million , or 8% ( 8 % ) , in 2015 as compared to 2014 . the increase was attributable to improved program performance and risk retirements , offset by decreased operating profit resulting from the activities mentioned above for net sales . adjustments not related to volume , including net profit booking rate adjustments and other matters , were approximately $ 70 million higher in 2015 compared to 2014 . 2014 compared to 2013 is&gs 2019 net sales decreased $ 461 million , or 8% ( 8 % ) , in 2014 as compared to 2013 . the decrease was primarily attributable to lower net sales of about $ 475 million due to the wind-down or completion of certain programs , driven by reductions in direct warfighter support ( including jieddo ) ; and approximately $ 320 million due to decreased volume in technical services programs reflecting market pressures . the decreases were offset by higher net sales of about $ 330 million due to the start-up of new programs , growth in recently awarded programs and integration of recently acquired companies . is&gs 2019 operating profit decreased $ 26 million , or 5% ( 5 % ) , in 2014 as compared to 2013 . the decrease was primarily attributable to the activities mentioned above for sales , partially offset by severance recoveries related to the restructuring announced in november 2013 of approximately $ 20 million in 2014 . adjustments not related to volume , including net profit booking rate adjustments , were comparable in 2014 and 2013. .
Question: what is the backlog at year-end of 2014?
Answer: 6000.0
Question: and that of 2013?
Answer: 6300.0
Question: what is the difference between the backlog at year-end of 2014 and 2013?
Answer: -300.0
Question: how much does that difference represents in relation to the backlog at year-end of 2013?
| -0.04762 |
CONVFINQA5788 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
entergy corporation and subsidiaries management's financial discussion and analysis methodology of computing massachusetts state income taxes resulting from legislation passed in the third quarter 2008 , which resulted in an income tax benefit of approximately $ 18.8 million . these factors were partially offset by : income taxes recorded by entergy power generation , llc , prior to its liquidation , resulting from the redemption payments it received in connection with its investment in entergy nuclear power marketing , llc during the third quarter 2008 , which resulted in an income tax expense of approximately $ 16.1 million ; book and tax differences for utility plant items and state income taxes at the utility operating companies , including the flow-through treatment of the entergy arkansas write-offs discussed above . the effective income tax rate for 2007 was 30.7% ( 30.7 % ) . the reduction in the effective income tax rate versus the federal statutory rate of 35% ( 35 % ) in 2007 is primarily due to : a reduction in income tax expense due to a step-up in the tax basis on the indian point 2 non-qualified decommissioning trust fund resulting from restructuring of the trusts , which reduced deferred taxes on the trust fund and reduced current tax expense ; the resolution of tax audit issues involving the 2002-2003 audit cycle ; an adjustment to state income taxes for non-utility nuclear to reflect the effect of a change in the methodology of computing new york state income taxes as required by that state's taxing authority ; book and tax differences related to the allowance for equity funds used during construction ; and the amortization of investment tax credits . these factors were partially offset by book and tax differences for utility plant items and state income taxes at the utility operating companies . 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's capital structure , capital spending plans and other uses of capital , sources of capital , and the cash flow activity presented in the cash flow statement . capital structure entergy's capitalization is balanced between equity and debt , as shown in the following table . the decrease in the debt to capital percentage from 2008 to 2009 is primarily the result of an increase in shareholders' equity primarily due to an increase in retained earnings , partially offset by repurchases of common stock , along with a decrease in borrowings under entergy corporation's revolving credit facility . the increase in the debt to capital percentage from 2007 to 2008 is primarily the result of additional borrowings under entergy corporation's revolving credit facility. . <table class='wikitable'><tr><td>1</td><td>-</td><td>2009</td><td>2008</td><td>2007</td></tr><tr><td>2</td><td>net debt to net capital at the end of the year</td><td>53.5% ( 53.5 % )</td><td>55.6% ( 55.6 % )</td><td>54.7% ( 54.7 % )</td></tr><tr><td>3</td><td>effect of subtracting cash from debt</td><td>3.8% ( 3.8 % )</td><td>4.1% ( 4.1 % )</td><td>2.9% ( 2.9 % )</td></tr><tr><td>4</td><td>debt to capital at the end of the year</td><td>57.3% ( 57.3 % )</td><td>59.7% ( 59.7 % )</td><td>57.6% ( 57.6 % )</td></tr></table> .
Question: what was the difference in net debt to capital ratio between 2008 and 2009?
| -2.1 |
CONVFINQA5789 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
entergy corporation and subsidiaries management's financial discussion and analysis methodology of computing massachusetts state income taxes resulting from legislation passed in the third quarter 2008 , which resulted in an income tax benefit of approximately $ 18.8 million . these factors were partially offset by : income taxes recorded by entergy power generation , llc , prior to its liquidation , resulting from the redemption payments it received in connection with its investment in entergy nuclear power marketing , llc during the third quarter 2008 , which resulted in an income tax expense of approximately $ 16.1 million ; book and tax differences for utility plant items and state income taxes at the utility operating companies , including the flow-through treatment of the entergy arkansas write-offs discussed above . the effective income tax rate for 2007 was 30.7% ( 30.7 % ) . the reduction in the effective income tax rate versus the federal statutory rate of 35% ( 35 % ) in 2007 is primarily due to : a reduction in income tax expense due to a step-up in the tax basis on the indian point 2 non-qualified decommissioning trust fund resulting from restructuring of the trusts , which reduced deferred taxes on the trust fund and reduced current tax expense ; the resolution of tax audit issues involving the 2002-2003 audit cycle ; an adjustment to state income taxes for non-utility nuclear to reflect the effect of a change in the methodology of computing new york state income taxes as required by that state's taxing authority ; book and tax differences related to the allowance for equity funds used during construction ; and the amortization of investment tax credits . these factors were partially offset by book and tax differences for utility plant items and state income taxes at the utility operating companies . 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's capital structure , capital spending plans and other uses of capital , sources of capital , and the cash flow activity presented in the cash flow statement . capital structure entergy's capitalization is balanced between equity and debt , as shown in the following table . the decrease in the debt to capital percentage from 2008 to 2009 is primarily the result of an increase in shareholders' equity primarily due to an increase in retained earnings , partially offset by repurchases of common stock , along with a decrease in borrowings under entergy corporation's revolving credit facility . the increase in the debt to capital percentage from 2007 to 2008 is primarily the result of additional borrowings under entergy corporation's revolving credit facility. . <table class='wikitable'><tr><td>1</td><td>-</td><td>2009</td><td>2008</td><td>2007</td></tr><tr><td>2</td><td>net debt to net capital at the end of the year</td><td>53.5% ( 53.5 % )</td><td>55.6% ( 55.6 % )</td><td>54.7% ( 54.7 % )</td></tr><tr><td>3</td><td>effect of subtracting cash from debt</td><td>3.8% ( 3.8 % )</td><td>4.1% ( 4.1 % )</td><td>2.9% ( 2.9 % )</td></tr><tr><td>4</td><td>debt to capital at the end of the year</td><td>57.3% ( 57.3 % )</td><td>59.7% ( 59.7 % )</td><td>57.6% ( 57.6 % )</td></tr></table> .
Question: what was the difference in net debt to capital ratio between 2008 and 2009?
Answer: -2.1
Question: and the specific ratio for 2008?
| 55.6 |
CONVFINQA5790 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
entergy corporation and subsidiaries management's financial discussion and analysis methodology of computing massachusetts state income taxes resulting from legislation passed in the third quarter 2008 , which resulted in an income tax benefit of approximately $ 18.8 million . these factors were partially offset by : income taxes recorded by entergy power generation , llc , prior to its liquidation , resulting from the redemption payments it received in connection with its investment in entergy nuclear power marketing , llc during the third quarter 2008 , which resulted in an income tax expense of approximately $ 16.1 million ; book and tax differences for utility plant items and state income taxes at the utility operating companies , including the flow-through treatment of the entergy arkansas write-offs discussed above . the effective income tax rate for 2007 was 30.7% ( 30.7 % ) . the reduction in the effective income tax rate versus the federal statutory rate of 35% ( 35 % ) in 2007 is primarily due to : a reduction in income tax expense due to a step-up in the tax basis on the indian point 2 non-qualified decommissioning trust fund resulting from restructuring of the trusts , which reduced deferred taxes on the trust fund and reduced current tax expense ; the resolution of tax audit issues involving the 2002-2003 audit cycle ; an adjustment to state income taxes for non-utility nuclear to reflect the effect of a change in the methodology of computing new york state income taxes as required by that state's taxing authority ; book and tax differences related to the allowance for equity funds used during construction ; and the amortization of investment tax credits . these factors were partially offset by book and tax differences for utility plant items and state income taxes at the utility operating companies . 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's capital structure , capital spending plans and other uses of capital , sources of capital , and the cash flow activity presented in the cash flow statement . capital structure entergy's capitalization is balanced between equity and debt , as shown in the following table . the decrease in the debt to capital percentage from 2008 to 2009 is primarily the result of an increase in shareholders' equity primarily due to an increase in retained earnings , partially offset by repurchases of common stock , along with a decrease in borrowings under entergy corporation's revolving credit facility . the increase in the debt to capital percentage from 2007 to 2008 is primarily the result of additional borrowings under entergy corporation's revolving credit facility. . <table class='wikitable'><tr><td>1</td><td>-</td><td>2009</td><td>2008</td><td>2007</td></tr><tr><td>2</td><td>net debt to net capital at the end of the year</td><td>53.5% ( 53.5 % )</td><td>55.6% ( 55.6 % )</td><td>54.7% ( 54.7 % )</td></tr><tr><td>3</td><td>effect of subtracting cash from debt</td><td>3.8% ( 3.8 % )</td><td>4.1% ( 4.1 % )</td><td>2.9% ( 2.9 % )</td></tr><tr><td>4</td><td>debt to capital at the end of the year</td><td>57.3% ( 57.3 % )</td><td>59.7% ( 59.7 % )</td><td>57.6% ( 57.6 % )</td></tr></table> .
Question: what was the difference in net debt to capital ratio between 2008 and 2009?
Answer: -2.1
Question: and the specific ratio for 2008?
Answer: 55.6
Question: so what was the growth rate during this time?
| -0.03777 |
CONVFINQA5791 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
interest expense . <table class='wikitable'><tr><td>1</td><td>-</td><td>2019</td><td>2018</td></tr><tr><td>2</td><td>interest incurred</td><td>$ 150.5</td><td>$ 150.0</td></tr><tr><td>3</td><td>less : capitalized interest</td><td>13.5</td><td>19.5</td></tr><tr><td>4</td><td>interest expense</td><td>$ 137.0</td><td>$ 130.5</td></tr></table> interest incurred increased $ .5 as interest expense associated with financing the lu'an joint venture was mostly offset by favorable impacts from currency , a lower average interest rate on the debt portfolio , and a lower average debt balance . capitalized interest decreased 31% ( 31 % ) , or $ 6.0 , due to a decrease in the carrying value of projects under construction , primarily driven by the lu'an project in asia . other non-operating income ( expense ) , net other non-operating income ( expense ) , net of $ 66.7 increased $ 61.6 , primarily due to lower pension settlement losses , higher non-service pension income , and higher interest income on cash and cash items . the prior year included pension settlement losses of $ 43.7 ( $ 33.2 after-tax , or $ .15 per share ) primarily in connection with the transfer of certain pension assets and payment obligations to an insurer for our u.s . salaried and hourly plans . in fiscal year 2019 , we recognized a pension settlement loss of $ 5.0 ( $ 3.8 after-tax , or $ .02 per share ) associated with the u.s . supplementary pension plan during the second quarter . net income and net income margin net income of $ 1809.4 increased 18% ( 18 % ) , or $ 276.5 , primarily due to impacts from the u.s . tax cuts and jobs act , positive pricing , and favorable volumes . net income margin of 20.3% ( 20.3 % ) increased 310 bp . adjusted ebitda and adjusted ebitda margin adjusted ebitda of $ 3468.0 increased 11% ( 11 % ) , or $ 352.5 , primarily due to positive pricing and higher volumes , partially offset by unfavorable currency . adjusted ebitda margin of 38.9% ( 38.9 % ) increased 400 bp , primarily due to higher volumes , positive pricing , and the india contract modification . the india contract modification contributed 80 bp . effective tax rate the effective tax rate equals the income tax provision divided by income from continuing operations before taxes . the effective tax rate was 21.0% ( 21.0 % ) and 26.0% ( 26.0 % ) in fiscal years 2019 and 2018 , respectively . the current year rate was lower primarily due to impacts related to the enactment of the u.s . tax cuts and jobs act ( the 201ctax act" ) in 2018 , which significantly changed existing u.s . tax laws , including a reduction in the federal corporate income tax rate from 35% ( 35 % ) to 21% ( 21 % ) , a deemed repatriation tax on unremitted foreign earnings , as well as other changes . as a result of the tax act , our income tax provision reflects discrete net income tax costs of $ 43.8 and $ 180.6 in fiscal years 2019 and 2018 , respectively . the current year included a cost of $ 56.2 ( $ .26 per share ) for the reversal of a benefit recorded in 2018 related to the u.s . taxation of deemed foreign dividends . we recorded this reversal based on regulations issued in 2019 . the 2019 reversal was partially offset by a favorable adjustment of $ 12.4 ( $ .06 per share ) that was recorded as we completed our estimates of the impacts of the tax act . this adjustment is primarily related to foreign tax items , including the deemed repatriation tax for foreign tax redeterminations . in addition , the current year rate included a net gain on the exchange of two equity affiliates of $ 29.1 , which was not a taxable transaction . the higher 2018 expense resulting from the tax act was partially offset by a $ 35.7 tax benefit from the restructuring of foreign subsidiaries , a $ 9.1 benefit from a foreign audit settlement agreement , and higher excess tax benefits on share-based compensation . the adjusted effective tax rate was 19.4% ( 19.4 % ) and 18.6% ( 18.6 % ) in fiscal years 2019 and 2018 , respectively . the lower prior year rate was primarily due to the $ 9.1 benefit from a foreign audit settlement agreement and higher excess tax benefits on share-based compensation. .
Question: what was the difference in the effective tax rate between 2018 and 2019?
| 0.05 |
CONVFINQA5792 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
interest expense . <table class='wikitable'><tr><td>1</td><td>-</td><td>2019</td><td>2018</td></tr><tr><td>2</td><td>interest incurred</td><td>$ 150.5</td><td>$ 150.0</td></tr><tr><td>3</td><td>less : capitalized interest</td><td>13.5</td><td>19.5</td></tr><tr><td>4</td><td>interest expense</td><td>$ 137.0</td><td>$ 130.5</td></tr></table> interest incurred increased $ .5 as interest expense associated with financing the lu'an joint venture was mostly offset by favorable impacts from currency , a lower average interest rate on the debt portfolio , and a lower average debt balance . capitalized interest decreased 31% ( 31 % ) , or $ 6.0 , due to a decrease in the carrying value of projects under construction , primarily driven by the lu'an project in asia . other non-operating income ( expense ) , net other non-operating income ( expense ) , net of $ 66.7 increased $ 61.6 , primarily due to lower pension settlement losses , higher non-service pension income , and higher interest income on cash and cash items . the prior year included pension settlement losses of $ 43.7 ( $ 33.2 after-tax , or $ .15 per share ) primarily in connection with the transfer of certain pension assets and payment obligations to an insurer for our u.s . salaried and hourly plans . in fiscal year 2019 , we recognized a pension settlement loss of $ 5.0 ( $ 3.8 after-tax , or $ .02 per share ) associated with the u.s . supplementary pension plan during the second quarter . net income and net income margin net income of $ 1809.4 increased 18% ( 18 % ) , or $ 276.5 , primarily due to impacts from the u.s . tax cuts and jobs act , positive pricing , and favorable volumes . net income margin of 20.3% ( 20.3 % ) increased 310 bp . adjusted ebitda and adjusted ebitda margin adjusted ebitda of $ 3468.0 increased 11% ( 11 % ) , or $ 352.5 , primarily due to positive pricing and higher volumes , partially offset by unfavorable currency . adjusted ebitda margin of 38.9% ( 38.9 % ) increased 400 bp , primarily due to higher volumes , positive pricing , and the india contract modification . the india contract modification contributed 80 bp . effective tax rate the effective tax rate equals the income tax provision divided by income from continuing operations before taxes . the effective tax rate was 21.0% ( 21.0 % ) and 26.0% ( 26.0 % ) in fiscal years 2019 and 2018 , respectively . the current year rate was lower primarily due to impacts related to the enactment of the u.s . tax cuts and jobs act ( the 201ctax act" ) in 2018 , which significantly changed existing u.s . tax laws , including a reduction in the federal corporate income tax rate from 35% ( 35 % ) to 21% ( 21 % ) , a deemed repatriation tax on unremitted foreign earnings , as well as other changes . as a result of the tax act , our income tax provision reflects discrete net income tax costs of $ 43.8 and $ 180.6 in fiscal years 2019 and 2018 , respectively . the current year included a cost of $ 56.2 ( $ .26 per share ) for the reversal of a benefit recorded in 2018 related to the u.s . taxation of deemed foreign dividends . we recorded this reversal based on regulations issued in 2019 . the 2019 reversal was partially offset by a favorable adjustment of $ 12.4 ( $ .06 per share ) that was recorded as we completed our estimates of the impacts of the tax act . this adjustment is primarily related to foreign tax items , including the deemed repatriation tax for foreign tax redeterminations . in addition , the current year rate included a net gain on the exchange of two equity affiliates of $ 29.1 , which was not a taxable transaction . the higher 2018 expense resulting from the tax act was partially offset by a $ 35.7 tax benefit from the restructuring of foreign subsidiaries , a $ 9.1 benefit from a foreign audit settlement agreement , and higher excess tax benefits on share-based compensation . the adjusted effective tax rate was 19.4% ( 19.4 % ) and 18.6% ( 18.6 % ) in fiscal years 2019 and 2018 , respectively . the lower prior year rate was primarily due to the $ 9.1 benefit from a foreign audit settlement agreement and higher excess tax benefits on share-based compensation. .
Question: what was the difference in the effective tax rate between 2018 and 2019?
Answer: 0.05
Question: what was the difference in the adjusted effective tax rate between 2018 and 2019?
| 0.008 |
CONVFINQA5793 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
sl green realty corp . it happens here 2012 annual report 85 | 85 in april a02011 , we purchased sitq immobilier , a subsid- iary of caisse de depot et placement du quebec , or sitq 2019s , 31.5% ( 31.5 % ) economic interest in 1515 a0 broadway , thereby consoli- dating full ownership of the 1750000 a0square foot ( unaudited ) building . the transaction valued the consolidated interests at $ 1.23 a0 billion . this valuation was based on a negotiated sales agreement and took into consideration such factors as whether this was a distressed sale and whether a minority dis- count was warranted . we acquired the interest subject to the $ 458.8 a0million mortgage encumbering the property . we rec- ognized a purchase price fair value adjustment of $ 475.1 a0mil- lion upon the closing of this transaction . this property , which we initially acquired in may a02002 , was previously accounted for as an investment in unconsolidated joint ventures . in january a0 2011 , we purchased city investment fund , or cif 2019s , 49.9% ( 49.9 % ) a0interest in 521 a0fifth avenue , thereby assum- ing full ownership of the 460000 a0 square foot ( unaudited ) building . the transaction valued the consolidated interests at approximately $ 245.7 a0 million , excluding $ 4.5 a0 million of cash and other assets acquired . we acquired the interest subject to the $ 140.0 a0 million mortgage encumbering the property . we recognized a purchase price fair value adjust- ment of $ 13.8 a0million upon the closing of this transaction . in april a02011 , we refinanced the property with a new $ 150.0 a0mil- lion 2-year mortgage which carries a floating rate of interest of 200 a0basis points over the 30-day libor . in connection with that refinancing , we acquired the fee interest in the property for $ 15.0 a0million . the following summarizes our allocation of the purchase price of the assets acquired and liabilities assumed upon the closing of these 2011 acquisitions ( amounts in thousands ) : 51 east 180 110 east 1515 521 fifth 42nd street maiden lane 42nd street broadway avenue land fffd$ 44095 $ 191523 $ 34000 $ 2002 2008462700 $ 110100 . <table class='wikitable'><tr><td>1</td><td>-</td><td>51 east 42nd street</td><td>180 maiden lane</td><td>110 east 42nd street</td><td>1515 broadway</td><td>521 fifth avenue</td></tr><tr><td>2</td><td>land</td><td>$ 44095</td><td>$ 191523</td><td>$ 34000</td><td>$ 462700</td><td>$ 110100</td></tr><tr><td>3</td><td>building</td><td>33470</td><td>233230</td><td>46411</td><td>707938</td><td>146686</td></tr><tr><td>4</td><td>above market lease value</td><td>5616</td><td>7944</td><td>823</td><td>18298</td><td>3318</td></tr><tr><td>5</td><td>acquired in-place leases</td><td>4333</td><td>29948</td><td>5396</td><td>98661</td><td>23016</td></tr><tr><td>6</td><td>other assets net of other liabilities</td><td>2014</td><td>2014</td><td>2014</td><td>27127</td><td>2014</td></tr><tr><td>7</td><td>assets acquired</td><td>87514</td><td>462645</td><td>86630</td><td>1314724</td><td>283120</td></tr><tr><td>8</td><td>fair value adjustment to mortgage note payable</td><td>2014</td><td>2014</td><td>2014</td><td>-3693 ( 3693 )</td><td>2014</td></tr><tr><td>9</td><td>below market lease value</td><td>7514</td><td>20320</td><td>2326</td><td>84417</td><td>25977</td></tr><tr><td>10</td><td>liabilities assumed</td><td>7514</td><td>20320</td><td>2326</td><td>80724</td><td>25977</td></tr><tr><td>11</td><td>purchase price allocation</td><td>$ 80000</td><td>$ 442325</td><td>$ 84304</td><td>$ 1234000</td><td>$ 257143</td></tr><tr><td>12</td><td>net consideration funded by us at closing</td><td>$ 81632</td><td>$ 81835</td><td>$ 2744</td><td>$ 259228</td><td>$ 70000</td></tr><tr><td>13</td><td>equity and/or debt investment held</td><td>2014</td><td>2014</td><td>$ 16000</td><td>$ 40942</td><td>$ 41432</td></tr><tr><td>14</td><td>debt assumed</td><td>$ 2014</td><td>$ 2014</td><td>$ 65000</td><td>$ 458767</td><td>$ 140000</td></tr></table> net consideration funded by us at closing fffd$ 81632 $ 200281835 $ 20022744 $ 2002 2008259228 $ 200270000 equity and/or debt investment held fffd 2014 2014 $ 16000 $ 2002 2002 200840942 $ 200241432 debt assumed fffd$ 2002 2002 2002 2002 2008 2014 $ 2002 2002 2002 2002 2002 2008 2014 $ 65000 $ 2002 2008458767 $ 140000 2010 acquisitions | in january 2010 , we became the sole owner of 100 a0church street , a 1.05 a0million square foot ( unau- dited ) office tower located in downtown manhattan , following the successful foreclosure of the senior mezzanine loan at the property . our initial investment totaled $ 40.9 a0million , which was comprised of a 50% ( 50 % ) a0interest in the senior mezzanine loan and two other mezzanine loans at 100 a0 church street , which we acquired from gramercy capital corp . ( nyse : a0gkk ) , or gramercy , in the summer of a0 2007 . at closing of the foreclo- sure , we funded an additional $ 15.0 a0million of capital into the project as part of our agreement with wachovia bank , n.a . to extend and restructure the existing financing . gramercy declined to fund its share of this capital and instead trans- ferred its interests in the investment to us at closing . the restructured $ 139.7 a0million mortgage carries an interest rate of 350 a0basis points over the 30-day libor . the restructured mortgage , which was scheduled to mature in january a0 2013 , was repaid in march a02011 . in august a0 2010 , we acquired 125 a0 park avenue , a manhattan office tower , for $ 330 a0million . in connection with the acquisition , we assumed $ 146.25 a0million of in-place financ- ing . the 5.748% ( 5.748 % ) interest-only loan matures in october a02014 . in december a02010 , we completed the acquisition of various investments from gramercy . this acquisition included ( 1 ) a0the remaining 45% ( 45 % ) a0interest in the leased fee at 885 a0third avenue for approximately $ 39.3 a0 million plus assumed mortgage debt of approximately $ 120.4 a0million , ( 2 ) a0the remaining 45% ( 45 % ) interest in the leased fee at 2 a0 herald square for approxi- mately $ 25.6 a0 million plus assumed mortgage debt of approximately $ 86.1 a0 million and , ( 3 ) a0 the entire leased fee interest in 292 a0madison avenue for approximately $ 19.2 a0mil- lion plus assumed mortgage debt of approximately $ 59.1 a0million . these assets are all leased to third a0party operators. .
Question: what is the annual interest cost for the 125 park avenue acquisition?
| 8.40645 |
CONVFINQA5794 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
sl green realty corp . it happens here 2012 annual report 85 | 85 in april a02011 , we purchased sitq immobilier , a subsid- iary of caisse de depot et placement du quebec , or sitq 2019s , 31.5% ( 31.5 % ) economic interest in 1515 a0 broadway , thereby consoli- dating full ownership of the 1750000 a0square foot ( unaudited ) building . the transaction valued the consolidated interests at $ 1.23 a0 billion . this valuation was based on a negotiated sales agreement and took into consideration such factors as whether this was a distressed sale and whether a minority dis- count was warranted . we acquired the interest subject to the $ 458.8 a0million mortgage encumbering the property . we rec- ognized a purchase price fair value adjustment of $ 475.1 a0mil- lion upon the closing of this transaction . this property , which we initially acquired in may a02002 , was previously accounted for as an investment in unconsolidated joint ventures . in january a0 2011 , we purchased city investment fund , or cif 2019s , 49.9% ( 49.9 % ) a0interest in 521 a0fifth avenue , thereby assum- ing full ownership of the 460000 a0 square foot ( unaudited ) building . the transaction valued the consolidated interests at approximately $ 245.7 a0 million , excluding $ 4.5 a0 million of cash and other assets acquired . we acquired the interest subject to the $ 140.0 a0 million mortgage encumbering the property . we recognized a purchase price fair value adjust- ment of $ 13.8 a0million upon the closing of this transaction . in april a02011 , we refinanced the property with a new $ 150.0 a0mil- lion 2-year mortgage which carries a floating rate of interest of 200 a0basis points over the 30-day libor . in connection with that refinancing , we acquired the fee interest in the property for $ 15.0 a0million . the following summarizes our allocation of the purchase price of the assets acquired and liabilities assumed upon the closing of these 2011 acquisitions ( amounts in thousands ) : 51 east 180 110 east 1515 521 fifth 42nd street maiden lane 42nd street broadway avenue land fffd$ 44095 $ 191523 $ 34000 $ 2002 2008462700 $ 110100 . <table class='wikitable'><tr><td>1</td><td>-</td><td>51 east 42nd street</td><td>180 maiden lane</td><td>110 east 42nd street</td><td>1515 broadway</td><td>521 fifth avenue</td></tr><tr><td>2</td><td>land</td><td>$ 44095</td><td>$ 191523</td><td>$ 34000</td><td>$ 462700</td><td>$ 110100</td></tr><tr><td>3</td><td>building</td><td>33470</td><td>233230</td><td>46411</td><td>707938</td><td>146686</td></tr><tr><td>4</td><td>above market lease value</td><td>5616</td><td>7944</td><td>823</td><td>18298</td><td>3318</td></tr><tr><td>5</td><td>acquired in-place leases</td><td>4333</td><td>29948</td><td>5396</td><td>98661</td><td>23016</td></tr><tr><td>6</td><td>other assets net of other liabilities</td><td>2014</td><td>2014</td><td>2014</td><td>27127</td><td>2014</td></tr><tr><td>7</td><td>assets acquired</td><td>87514</td><td>462645</td><td>86630</td><td>1314724</td><td>283120</td></tr><tr><td>8</td><td>fair value adjustment to mortgage note payable</td><td>2014</td><td>2014</td><td>2014</td><td>-3693 ( 3693 )</td><td>2014</td></tr><tr><td>9</td><td>below market lease value</td><td>7514</td><td>20320</td><td>2326</td><td>84417</td><td>25977</td></tr><tr><td>10</td><td>liabilities assumed</td><td>7514</td><td>20320</td><td>2326</td><td>80724</td><td>25977</td></tr><tr><td>11</td><td>purchase price allocation</td><td>$ 80000</td><td>$ 442325</td><td>$ 84304</td><td>$ 1234000</td><td>$ 257143</td></tr><tr><td>12</td><td>net consideration funded by us at closing</td><td>$ 81632</td><td>$ 81835</td><td>$ 2744</td><td>$ 259228</td><td>$ 70000</td></tr><tr><td>13</td><td>equity and/or debt investment held</td><td>2014</td><td>2014</td><td>$ 16000</td><td>$ 40942</td><td>$ 41432</td></tr><tr><td>14</td><td>debt assumed</td><td>$ 2014</td><td>$ 2014</td><td>$ 65000</td><td>$ 458767</td><td>$ 140000</td></tr></table> net consideration funded by us at closing fffd$ 81632 $ 200281835 $ 20022744 $ 2002 2008259228 $ 200270000 equity and/or debt investment held fffd 2014 2014 $ 16000 $ 2002 2002 200840942 $ 200241432 debt assumed fffd$ 2002 2002 2002 2002 2008 2014 $ 2002 2002 2002 2002 2002 2008 2014 $ 65000 $ 2002 2008458767 $ 140000 2010 acquisitions | in january 2010 , we became the sole owner of 100 a0church street , a 1.05 a0million square foot ( unau- dited ) office tower located in downtown manhattan , following the successful foreclosure of the senior mezzanine loan at the property . our initial investment totaled $ 40.9 a0million , which was comprised of a 50% ( 50 % ) a0interest in the senior mezzanine loan and two other mezzanine loans at 100 a0 church street , which we acquired from gramercy capital corp . ( nyse : a0gkk ) , or gramercy , in the summer of a0 2007 . at closing of the foreclo- sure , we funded an additional $ 15.0 a0million of capital into the project as part of our agreement with wachovia bank , n.a . to extend and restructure the existing financing . gramercy declined to fund its share of this capital and instead trans- ferred its interests in the investment to us at closing . the restructured $ 139.7 a0million mortgage carries an interest rate of 350 a0basis points over the 30-day libor . the restructured mortgage , which was scheduled to mature in january a0 2013 , was repaid in march a02011 . in august a0 2010 , we acquired 125 a0 park avenue , a manhattan office tower , for $ 330 a0million . in connection with the acquisition , we assumed $ 146.25 a0million of in-place financ- ing . the 5.748% ( 5.748 % ) interest-only loan matures in october a02014 . in december a02010 , we completed the acquisition of various investments from gramercy . this acquisition included ( 1 ) a0the remaining 45% ( 45 % ) a0interest in the leased fee at 885 a0third avenue for approximately $ 39.3 a0 million plus assumed mortgage debt of approximately $ 120.4 a0million , ( 2 ) a0the remaining 45% ( 45 % ) interest in the leased fee at 2 a0 herald square for approxi- mately $ 25.6 a0 million plus assumed mortgage debt of approximately $ 86.1 a0 million and , ( 3 ) a0 the entire leased fee interest in 292 a0madison avenue for approximately $ 19.2 a0mil- lion plus assumed mortgage debt of approximately $ 59.1 a0million . these assets are all leased to third a0party operators. .
Question: what is the annual interest cost for the 125 park avenue acquisition?
Answer: 8.40645
Question: what was the company's share of the value of the 521 fifth avenue acquisition, based on the transaction cost?
| 122.6043 |
CONVFINQA5795 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
sl green realty corp . it happens here 2012 annual report 85 | 85 in april a02011 , we purchased sitq immobilier , a subsid- iary of caisse de depot et placement du quebec , or sitq 2019s , 31.5% ( 31.5 % ) economic interest in 1515 a0 broadway , thereby consoli- dating full ownership of the 1750000 a0square foot ( unaudited ) building . the transaction valued the consolidated interests at $ 1.23 a0 billion . this valuation was based on a negotiated sales agreement and took into consideration such factors as whether this was a distressed sale and whether a minority dis- count was warranted . we acquired the interest subject to the $ 458.8 a0million mortgage encumbering the property . we rec- ognized a purchase price fair value adjustment of $ 475.1 a0mil- lion upon the closing of this transaction . this property , which we initially acquired in may a02002 , was previously accounted for as an investment in unconsolidated joint ventures . in january a0 2011 , we purchased city investment fund , or cif 2019s , 49.9% ( 49.9 % ) a0interest in 521 a0fifth avenue , thereby assum- ing full ownership of the 460000 a0 square foot ( unaudited ) building . the transaction valued the consolidated interests at approximately $ 245.7 a0 million , excluding $ 4.5 a0 million of cash and other assets acquired . we acquired the interest subject to the $ 140.0 a0 million mortgage encumbering the property . we recognized a purchase price fair value adjust- ment of $ 13.8 a0million upon the closing of this transaction . in april a02011 , we refinanced the property with a new $ 150.0 a0mil- lion 2-year mortgage which carries a floating rate of interest of 200 a0basis points over the 30-day libor . in connection with that refinancing , we acquired the fee interest in the property for $ 15.0 a0million . the following summarizes our allocation of the purchase price of the assets acquired and liabilities assumed upon the closing of these 2011 acquisitions ( amounts in thousands ) : 51 east 180 110 east 1515 521 fifth 42nd street maiden lane 42nd street broadway avenue land fffd$ 44095 $ 191523 $ 34000 $ 2002 2008462700 $ 110100 . <table class='wikitable'><tr><td>1</td><td>-</td><td>51 east 42nd street</td><td>180 maiden lane</td><td>110 east 42nd street</td><td>1515 broadway</td><td>521 fifth avenue</td></tr><tr><td>2</td><td>land</td><td>$ 44095</td><td>$ 191523</td><td>$ 34000</td><td>$ 462700</td><td>$ 110100</td></tr><tr><td>3</td><td>building</td><td>33470</td><td>233230</td><td>46411</td><td>707938</td><td>146686</td></tr><tr><td>4</td><td>above market lease value</td><td>5616</td><td>7944</td><td>823</td><td>18298</td><td>3318</td></tr><tr><td>5</td><td>acquired in-place leases</td><td>4333</td><td>29948</td><td>5396</td><td>98661</td><td>23016</td></tr><tr><td>6</td><td>other assets net of other liabilities</td><td>2014</td><td>2014</td><td>2014</td><td>27127</td><td>2014</td></tr><tr><td>7</td><td>assets acquired</td><td>87514</td><td>462645</td><td>86630</td><td>1314724</td><td>283120</td></tr><tr><td>8</td><td>fair value adjustment to mortgage note payable</td><td>2014</td><td>2014</td><td>2014</td><td>-3693 ( 3693 )</td><td>2014</td></tr><tr><td>9</td><td>below market lease value</td><td>7514</td><td>20320</td><td>2326</td><td>84417</td><td>25977</td></tr><tr><td>10</td><td>liabilities assumed</td><td>7514</td><td>20320</td><td>2326</td><td>80724</td><td>25977</td></tr><tr><td>11</td><td>purchase price allocation</td><td>$ 80000</td><td>$ 442325</td><td>$ 84304</td><td>$ 1234000</td><td>$ 257143</td></tr><tr><td>12</td><td>net consideration funded by us at closing</td><td>$ 81632</td><td>$ 81835</td><td>$ 2744</td><td>$ 259228</td><td>$ 70000</td></tr><tr><td>13</td><td>equity and/or debt investment held</td><td>2014</td><td>2014</td><td>$ 16000</td><td>$ 40942</td><td>$ 41432</td></tr><tr><td>14</td><td>debt assumed</td><td>$ 2014</td><td>$ 2014</td><td>$ 65000</td><td>$ 458767</td><td>$ 140000</td></tr></table> net consideration funded by us at closing fffd$ 81632 $ 200281835 $ 20022744 $ 2002 2008259228 $ 200270000 equity and/or debt investment held fffd 2014 2014 $ 16000 $ 2002 2002 200840942 $ 200241432 debt assumed fffd$ 2002 2002 2002 2002 2008 2014 $ 2002 2002 2002 2002 2002 2008 2014 $ 65000 $ 2002 2008458767 $ 140000 2010 acquisitions | in january 2010 , we became the sole owner of 100 a0church street , a 1.05 a0million square foot ( unau- dited ) office tower located in downtown manhattan , following the successful foreclosure of the senior mezzanine loan at the property . our initial investment totaled $ 40.9 a0million , which was comprised of a 50% ( 50 % ) a0interest in the senior mezzanine loan and two other mezzanine loans at 100 a0 church street , which we acquired from gramercy capital corp . ( nyse : a0gkk ) , or gramercy , in the summer of a0 2007 . at closing of the foreclo- sure , we funded an additional $ 15.0 a0million of capital into the project as part of our agreement with wachovia bank , n.a . to extend and restructure the existing financing . gramercy declined to fund its share of this capital and instead trans- ferred its interests in the investment to us at closing . the restructured $ 139.7 a0million mortgage carries an interest rate of 350 a0basis points over the 30-day libor . the restructured mortgage , which was scheduled to mature in january a0 2013 , was repaid in march a02011 . in august a0 2010 , we acquired 125 a0 park avenue , a manhattan office tower , for $ 330 a0million . in connection with the acquisition , we assumed $ 146.25 a0million of in-place financ- ing . the 5.748% ( 5.748 % ) interest-only loan matures in october a02014 . in december a02010 , we completed the acquisition of various investments from gramercy . this acquisition included ( 1 ) a0the remaining 45% ( 45 % ) a0interest in the leased fee at 885 a0third avenue for approximately $ 39.3 a0 million plus assumed mortgage debt of approximately $ 120.4 a0million , ( 2 ) a0the remaining 45% ( 45 % ) interest in the leased fee at 2 a0 herald square for approxi- mately $ 25.6 a0 million plus assumed mortgage debt of approximately $ 86.1 a0 million and , ( 3 ) a0 the entire leased fee interest in 292 a0madison avenue for approximately $ 19.2 a0mil- lion plus assumed mortgage debt of approximately $ 59.1 a0million . these assets are all leased to third a0party operators. .
Question: what is the annual interest cost for the 125 park avenue acquisition?
Answer: 8.40645
Question: what was the company's share of the value of the 521 fifth avenue acquisition, based on the transaction cost?
Answer: 122.6043
Question: and converted to the millions?
| 122604300.0 |
CONVFINQA5796 | Read the following texts and table with financial data from an S&P 500 earnings report 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 information related to our equity investment in blackrock follows: . <table class='wikitable'><tr><td>1</td><td>-</td><td>2009</td><td>2008</td></tr><tr><td>2</td><td>business segment earnings ( in millions ) ( a )</td><td>$ 207</td><td>$ 207</td></tr><tr><td>3</td><td>pnc 2019s share of blackrock earnings ( b )</td><td>23% ( 23 % )</td><td>33% ( 33 % )</td></tr><tr><td>4</td><td>carrying value of pnc 2019s investment in blackrock ( in billions ) ( b )</td><td>$ 5.8</td><td>$ 4.2</td></tr></table> carrying value of pnc 2019s investment in blackrock ( in billions ) ( b ) $ 5.8 $ 4.2 ( a ) includes pnc 2019s share of blackrock 2019s reported gaap earnings and additional income taxes on those earnings incurred by pnc . ( b ) at december 31 . blackrock/barclays global investors transaction on december 1 , 2009 , blackrock acquired bgi from barclays bank plc in exchange for approximately $ 6.65 billion in cash and 37566771 shares of blackrock common and participating preferred stock . in connection with the bgi transaction , blackrock entered into amendments to stockholder agreements with pnc and its other major shareholder . these amendments , which changed certain shareholder rights , including composition of the blackrock board of directors and share transfer restrictions , became effective upon closing of the bgi transaction . also in connection with the bgi transaction , blackrock entered into a stock purchase agreement with pnc in which we purchased 3556188 shares of blackrock 2019s series d preferred stock at a price of $ 140.60 per share , or $ 500 million , to partially finance the transaction . on january 31 , 2010 , the series d preferred stock was converted to series b preferred stock . upon closing of the bgi transaction , the carrying value of our investment in blackrock increased significantly , reflecting our portion of the increase in blackrock 2019s equity resulting from the value of blackrock shares issued in connection with their acquisition of bgi . pnc recognized this increase in value as a $ 1.076 billion pretax gain in the fourth quarter of 2009 . at december 31 , 2009 , our percentage ownership of blackrock common stock was approximately 35% ( 35 % ) . blackrock ltip programs and exchange agreements pnc 2019s noninterest income included pretax gains of $ 98 million in 2009 and $ 243 million in 2008 related to our blackrock ltip shares obligation . these gains represented the mark-to-market adjustment related to our remaining blackrock ltip common shares obligation and resulted from the decrease in the market value of blackrock common shares in those periods . as previously reported , pnc entered into an exchange agreement with blackrock on december 26 , 2008 . the transactions that resulted from this agreement restructured pnc 2019s ownership of blackrock equity without altering , to any meaningful extent , pnc 2019s economic interest in blackrock . pnc continues to be subject to the limitations on its voting rights in its existing agreements with blackrock . also on december 26 , 2008 , blackrock entered into an exchange agreement with merrill lynch in anticipation of the consummation of the merger of bank of america corporation and merrill lynch that occurred on january 1 , 2009 . the pnc and merrill lynch exchange agreements restructured pnc 2019s and merrill lynch 2019s respective ownership of blackrock common and preferred equity . the exchange contemplated by these agreements was completed on february 27 , 2009 . on that date , pnc 2019s obligation to deliver blackrock common shares was replaced with an obligation to deliver shares of blackrock 2019s new series c preferred stock . pnc acquired 2.9 million shares of series c preferred stock from blackrock in exchange for common shares on that same date . pnc accounts for these preferred shares at fair value , which offsets the impact of marking-to-market the obligation to deliver these shares to blackrock as we aligned the fair value marks on this asset and liability . the fair value of the blackrock series c preferred stock is included on our consolidated balance sheet in other assets . additional information regarding the valuation of the blackrock series c preferred stock is included in note 8 fair value in the notes to consolidated financial statements included in item 8 of this report . pnc accounts for its remaining investment in blackrock under the equity method of accounting , with its share of blackrock 2019s earnings reduced primarily due to the exchange of blackrock common stock for blackrock series c preferred stock . the series c preferred stock is not taken into consideration in determining pnc 2019s share of blackrock earnings under the equity method . pnc 2019s percentage ownership of blackrock common stock increased as a result of the substantial exchange of merrill lynch 2019s blackrock common stock for blackrock preferred stock . as a result of the blackrock preferred stock held by merrill lynch and the new blackrock preferred stock issued to merrill lynch and pnc under the exchange agreements , pnc 2019s share of blackrock common stock is higher than its overall share of blackrock 2019s equity and earnings . the transactions related to the exchange agreements do not affect our right to receive dividends declared by blackrock. .
Question: what is the carrying value of pnc 2019s investment in blackrock in 2009?
| 5.8 |
CONVFINQA5797 | Read the following texts and table with financial data from an S&P 500 earnings report 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 information related to our equity investment in blackrock follows: . <table class='wikitable'><tr><td>1</td><td>-</td><td>2009</td><td>2008</td></tr><tr><td>2</td><td>business segment earnings ( in millions ) ( a )</td><td>$ 207</td><td>$ 207</td></tr><tr><td>3</td><td>pnc 2019s share of blackrock earnings ( b )</td><td>23% ( 23 % )</td><td>33% ( 33 % )</td></tr><tr><td>4</td><td>carrying value of pnc 2019s investment in blackrock ( in billions ) ( b )</td><td>$ 5.8</td><td>$ 4.2</td></tr></table> carrying value of pnc 2019s investment in blackrock ( in billions ) ( b ) $ 5.8 $ 4.2 ( a ) includes pnc 2019s share of blackrock 2019s reported gaap earnings and additional income taxes on those earnings incurred by pnc . ( b ) at december 31 . blackrock/barclays global investors transaction on december 1 , 2009 , blackrock acquired bgi from barclays bank plc in exchange for approximately $ 6.65 billion in cash and 37566771 shares of blackrock common and participating preferred stock . in connection with the bgi transaction , blackrock entered into amendments to stockholder agreements with pnc and its other major shareholder . these amendments , which changed certain shareholder rights , including composition of the blackrock board of directors and share transfer restrictions , became effective upon closing of the bgi transaction . also in connection with the bgi transaction , blackrock entered into a stock purchase agreement with pnc in which we purchased 3556188 shares of blackrock 2019s series d preferred stock at a price of $ 140.60 per share , or $ 500 million , to partially finance the transaction . on january 31 , 2010 , the series d preferred stock was converted to series b preferred stock . upon closing of the bgi transaction , the carrying value of our investment in blackrock increased significantly , reflecting our portion of the increase in blackrock 2019s equity resulting from the value of blackrock shares issued in connection with their acquisition of bgi . pnc recognized this increase in value as a $ 1.076 billion pretax gain in the fourth quarter of 2009 . at december 31 , 2009 , our percentage ownership of blackrock common stock was approximately 35% ( 35 % ) . blackrock ltip programs and exchange agreements pnc 2019s noninterest income included pretax gains of $ 98 million in 2009 and $ 243 million in 2008 related to our blackrock ltip shares obligation . these gains represented the mark-to-market adjustment related to our remaining blackrock ltip common shares obligation and resulted from the decrease in the market value of blackrock common shares in those periods . as previously reported , pnc entered into an exchange agreement with blackrock on december 26 , 2008 . the transactions that resulted from this agreement restructured pnc 2019s ownership of blackrock equity without altering , to any meaningful extent , pnc 2019s economic interest in blackrock . pnc continues to be subject to the limitations on its voting rights in its existing agreements with blackrock . also on december 26 , 2008 , blackrock entered into an exchange agreement with merrill lynch in anticipation of the consummation of the merger of bank of america corporation and merrill lynch that occurred on january 1 , 2009 . the pnc and merrill lynch exchange agreements restructured pnc 2019s and merrill lynch 2019s respective ownership of blackrock common and preferred equity . the exchange contemplated by these agreements was completed on february 27 , 2009 . on that date , pnc 2019s obligation to deliver blackrock common shares was replaced with an obligation to deliver shares of blackrock 2019s new series c preferred stock . pnc acquired 2.9 million shares of series c preferred stock from blackrock in exchange for common shares on that same date . pnc accounts for these preferred shares at fair value , which offsets the impact of marking-to-market the obligation to deliver these shares to blackrock as we aligned the fair value marks on this asset and liability . the fair value of the blackrock series c preferred stock is included on our consolidated balance sheet in other assets . additional information regarding the valuation of the blackrock series c preferred stock is included in note 8 fair value in the notes to consolidated financial statements included in item 8 of this report . pnc accounts for its remaining investment in blackrock under the equity method of accounting , with its share of blackrock 2019s earnings reduced primarily due to the exchange of blackrock common stock for blackrock series c preferred stock . the series c preferred stock is not taken into consideration in determining pnc 2019s share of blackrock earnings under the equity method . pnc 2019s percentage ownership of blackrock common stock increased as a result of the substantial exchange of merrill lynch 2019s blackrock common stock for blackrock preferred stock . as a result of the blackrock preferred stock held by merrill lynch and the new blackrock preferred stock issued to merrill lynch and pnc under the exchange agreements , pnc 2019s share of blackrock common stock is higher than its overall share of blackrock 2019s equity and earnings . the transactions related to the exchange agreements do not affect our right to receive dividends declared by blackrock. .
Question: what is the carrying value of pnc 2019s investment in blackrock in 2009?
Answer: 5.8
Question: what about in 2008?
| 4.2 |
CONVFINQA5798 | Read the following texts and table with financial data from an S&P 500 earnings report 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 information related to our equity investment in blackrock follows: . <table class='wikitable'><tr><td>1</td><td>-</td><td>2009</td><td>2008</td></tr><tr><td>2</td><td>business segment earnings ( in millions ) ( a )</td><td>$ 207</td><td>$ 207</td></tr><tr><td>3</td><td>pnc 2019s share of blackrock earnings ( b )</td><td>23% ( 23 % )</td><td>33% ( 33 % )</td></tr><tr><td>4</td><td>carrying value of pnc 2019s investment in blackrock ( in billions ) ( b )</td><td>$ 5.8</td><td>$ 4.2</td></tr></table> carrying value of pnc 2019s investment in blackrock ( in billions ) ( b ) $ 5.8 $ 4.2 ( a ) includes pnc 2019s share of blackrock 2019s reported gaap earnings and additional income taxes on those earnings incurred by pnc . ( b ) at december 31 . blackrock/barclays global investors transaction on december 1 , 2009 , blackrock acquired bgi from barclays bank plc in exchange for approximately $ 6.65 billion in cash and 37566771 shares of blackrock common and participating preferred stock . in connection with the bgi transaction , blackrock entered into amendments to stockholder agreements with pnc and its other major shareholder . these amendments , which changed certain shareholder rights , including composition of the blackrock board of directors and share transfer restrictions , became effective upon closing of the bgi transaction . also in connection with the bgi transaction , blackrock entered into a stock purchase agreement with pnc in which we purchased 3556188 shares of blackrock 2019s series d preferred stock at a price of $ 140.60 per share , or $ 500 million , to partially finance the transaction . on january 31 , 2010 , the series d preferred stock was converted to series b preferred stock . upon closing of the bgi transaction , the carrying value of our investment in blackrock increased significantly , reflecting our portion of the increase in blackrock 2019s equity resulting from the value of blackrock shares issued in connection with their acquisition of bgi . pnc recognized this increase in value as a $ 1.076 billion pretax gain in the fourth quarter of 2009 . at december 31 , 2009 , our percentage ownership of blackrock common stock was approximately 35% ( 35 % ) . blackrock ltip programs and exchange agreements pnc 2019s noninterest income included pretax gains of $ 98 million in 2009 and $ 243 million in 2008 related to our blackrock ltip shares obligation . these gains represented the mark-to-market adjustment related to our remaining blackrock ltip common shares obligation and resulted from the decrease in the market value of blackrock common shares in those periods . as previously reported , pnc entered into an exchange agreement with blackrock on december 26 , 2008 . the transactions that resulted from this agreement restructured pnc 2019s ownership of blackrock equity without altering , to any meaningful extent , pnc 2019s economic interest in blackrock . pnc continues to be subject to the limitations on its voting rights in its existing agreements with blackrock . also on december 26 , 2008 , blackrock entered into an exchange agreement with merrill lynch in anticipation of the consummation of the merger of bank of america corporation and merrill lynch that occurred on january 1 , 2009 . the pnc and merrill lynch exchange agreements restructured pnc 2019s and merrill lynch 2019s respective ownership of blackrock common and preferred equity . the exchange contemplated by these agreements was completed on february 27 , 2009 . on that date , pnc 2019s obligation to deliver blackrock common shares was replaced with an obligation to deliver shares of blackrock 2019s new series c preferred stock . pnc acquired 2.9 million shares of series c preferred stock from blackrock in exchange for common shares on that same date . pnc accounts for these preferred shares at fair value , which offsets the impact of marking-to-market the obligation to deliver these shares to blackrock as we aligned the fair value marks on this asset and liability . the fair value of the blackrock series c preferred stock is included on our consolidated balance sheet in other assets . additional information regarding the valuation of the blackrock series c preferred stock is included in note 8 fair value in the notes to consolidated financial statements included in item 8 of this report . pnc accounts for its remaining investment in blackrock under the equity method of accounting , with its share of blackrock 2019s earnings reduced primarily due to the exchange of blackrock common stock for blackrock series c preferred stock . the series c preferred stock is not taken into consideration in determining pnc 2019s share of blackrock earnings under the equity method . pnc 2019s percentage ownership of blackrock common stock increased as a result of the substantial exchange of merrill lynch 2019s blackrock common stock for blackrock preferred stock . as a result of the blackrock preferred stock held by merrill lynch and the new blackrock preferred stock issued to merrill lynch and pnc under the exchange agreements , pnc 2019s share of blackrock common stock is higher than its overall share of blackrock 2019s equity and earnings . the transactions related to the exchange agreements do not affect our right to receive dividends declared by blackrock. .
Question: what is the carrying value of pnc 2019s investment in blackrock in 2009?
Answer: 5.8
Question: what about in 2008?
Answer: 4.2
Question: what is the sum for two years?
| 10.0 |
CONVFINQA5799 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
humana inc . notes to consolidated financial statements 2014 ( continued ) in any spe transactions . the adoption of fin 46 or fin 46-r did not have a material impact on our financial position , results of operations , or cash flows . in december 2004 , the fasb issued statement no . 123r , share-based payment , or statement 123r , which requires companies to expense the fair value of employee stock options and other forms of stock-based compensation . this requirement represents a significant change because fixed-based stock option awards , a predominate form of stock compensation for us , were not recognized as compensation expense under apb 25 . statement 123r requires the cost of the award , as determined on the date of grant at fair value , be recognized over the period during which an employee is required to provide service in exchange for the award ( usually the vesting period ) . the grant-date fair value of the award will be estimated using option-pricing models . we are required to adopt statement 123r no later than july 1 , 2005 under one of three transition methods , including a prospective , retrospective and combination approach . we previously disclosed on page 67 the effect of expensing stock options under a fair value approach using the black-scholes pricing model for 2004 , 2003 and 2002 . we currently are evaluating all of the provisions of statement 123r and the expected effect on us including , among other items , reviewing compensation strategies related to stock-based awards , selecting an option pricing model and determining the transition method . in march 2004 , the fasb issued eitf issue no . 03-1 , or eitf 03-1 , the meaning of other-than- temporary impairment and its application to certain investments . eitf 03-1 includes new guidance for evaluating and recording impairment losses on certain debt and equity investments when the fair value of the investment security is less than its carrying value . in september 2004 , the fasb delayed the previously scheduled third quarter 2004 effective date until the issuance of additional implementation guidance , expected in 2005 . upon issuance of a final standard , we will evaluate the impact on our consolidated financial position and results of operations . 3 . acquisitions on february 16 , 2005 , we acquired careplus health plans of florida , or careplus , as well as its affiliated 10 medical centers and pharmacy company . careplus provides medicare advantage hmo plans and benefits to medicare eligible members in miami-dade , broward and palm beach counties . this acquisition enhances our medicare market position in south florida . we paid approximately $ 450 million in cash including estimated transaction costs , subject to a balance sheet settlement process with a nine month claims run-out period . we currently are in the process of allocating the purchase price to the net tangible and intangible assets . on april 1 , 2004 , we acquired ochsner health plan , or ochsner , from the ochsner clinic foundation . ochsner is a louisiana health benefits company offering network-based managed care plans to employer-groups and medicare eligible members . this acquisition enabled us to enter a new market with significant market share which should facilitate new sales opportunities in this and surrounding markets , including houston , texas . we paid $ 157.1 million in cash , including transaction costs . the fair value of the tangible assets ( liabilities ) as of the acquisition date are as follows: . <table class='wikitable'><tr><td>1</td><td>-</td><td>( in thousands )</td></tr><tr><td>2</td><td>cash and cash equivalents</td><td>$ 15270</td></tr><tr><td>3</td><td>investment securities</td><td>84527</td></tr><tr><td>4</td><td>premiums receivable and other current assets</td><td>20616</td></tr><tr><td>5</td><td>property and equipment and other assets</td><td>6847</td></tr><tr><td>6</td><td>medical and other expenses payable</td><td>-71063 ( 71063 )</td></tr><tr><td>7</td><td>other current liabilities</td><td>-21604 ( 21604 )</td></tr><tr><td>8</td><td>other liabilities</td><td>-82 ( 82 )</td></tr><tr><td>9</td><td>net tangible assets acquired</td><td>$ 34511</td></tr></table> .
Question: what was the total value of cash and cash equivalents and investment securities, combined?
| 99797.0 |
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