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eog utilized average prices per acre from comparable market transactions and estimated discounted cash flows as the basis for determining the fair value of unproved and proved properties , respectively , received in non-cash property exchanges . see note 10 . fair value of debt . at december 31 , 2018 and 2017 , respectively , eog had outstanding $ 6040 million and $ 6390 million aggregate principal amount of senior notes , which had estimated fair values of approximately $ 6027 million and $ 6602 million , respectively . the estimated fair value of debt was based upon quoted market prices and , where such prices were not available , other observable ( level 2 ) inputs regarding interest rates available to eog at year-end . 14 . accounting for certain long-lived assets eog reviews its proved oil and gas properties for impairment purposes by comparing the expected undiscounted future cash flows at a depreciation , depletion and amortization group level to the unamortized capitalized cost of the asset . the carrying values for assets determined to be impaired were adjusted to estimated fair value using the income approach described in the fair value measurement topic of the asc . in certain instances , eog utilizes accepted offers from third-party purchasers as the basis for determining fair value . during 2018 , proved oil and gas properties with a carrying amount of $ 139 million were written down to their fair value of $ 18 million , resulting in pretax impairment charges of $ 121 million . during 2017 , proved oil and gas properties with a carrying amount of $ 370 million were written down to their fair value of $ 146 million , resulting in pretax impairment charges of $ 224 million . impairments in 2018 , 2017 and 2016 included domestic legacy natural gas assets . amortization and impairments of unproved oil and gas property costs , including amortization of capitalized interest , were $ 173 million , $ 211 million and $ 291 million during 2018 , 2017 and 2016 , respectively . 15 . asset retirement obligations the following table presents the reconciliation of the beginning and ending aggregate carrying amounts of short-term and long-term legal obligations associated with the retirement of property , plant and equipment for the years ended december 31 , 2018 and 2017 ( in thousands ) : . <table class='wikitable'><tr><td>1</td><td>-</td><td>2018</td><td>2017</td></tr><tr><td>2</td><td>carrying amount at beginning of period</td><td>$ 946848</td><td>$ 912926</td></tr><tr><td>3</td><td>liabilities incurred</td><td>79057</td><td>54764</td></tr><tr><td>4</td><td>liabilities settled ( 1 )</td><td>-70829 ( 70829 )</td><td>-61871 ( 61871 )</td></tr><tr><td>5</td><td>accretion</td><td>36622</td><td>34708</td></tr><tr><td>6</td><td>revisions</td><td>-38932 ( 38932 )</td><td>-9818 ( 9818 )</td></tr><tr><td>7</td><td>foreign currency translations</td><td>1611</td><td>16139</td></tr><tr><td>8</td><td>carrying amount at end of period</td><td>$ 954377</td><td>$ 946848</td></tr><tr><td>9</td><td>current portion</td><td>$ 26214</td><td>$ 19259</td></tr><tr><td>10</td><td>noncurrent portion</td><td>$ 928163</td><td>$ 927589</td></tr></table> ( 1 ) includes settlements related to asset sales . the current and noncurrent portions of eog's asset retirement obligations are included in current liabilities - other and other liabilities , respectively , on the consolidated balance sheets. . Question: how much did the liabilities incurred in 2018 represent in relation to the ones incurred in 2017? Answer: 1.44359 Question: and what is this value excluding the portion equivalent to the 2017 liabilities? Answer: 0.44359 Question: and in the first year of that period, what was the beginning carrying amount, in millions? Answer: 912.926 Question: what percentage did the carrying amount of proved oil and gas properties represent in relation to this value?
0.40529
Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
has decreased during the period from 2002 to 2004 , principally due to the increase in earned premium and due to cost containment measures undertaken by management . in business insurance and personal lines , the expense ratio is expected to decrease further in 2005 , largely as a result of expected increases in earned premium . in specialty commercial , the expense ratio is expected to increase slightly in 2005 due to changes in the business mix , most notably the company 2019s decision in the fourth quarter of 2004 to exit the multi-peril crop insurance program which will eliminate significant expense reimbursements from the specialty commercial segment . policyholder dividend ratio : the policyholder dividend ratio is the ratio of policyholder dividends to earned premium . combined ratio : the combined ratio is the sum of the loss and loss adjustment expense ratio , the expense ratio and the policyholder dividend ratio . this ratio is a relative measurement that describes the related cost of losses and expense for every $ 100 of earned premiums . a combined ratio below 100.0 demonstrates underwriting profit ; a combined ratio above 100.0 demonstrates underwriting losses . the combined ratio has decreased from 2003 to 2004 primarily because of improvement in the expense ratio . the combined ratio in 2005 could be significantly higher or lower than the 2004 combined ratio depending on the level of catastrophe losses , but will also be impacted by changes in pricing and an expected moderation in favorable loss cost trends . catastrophe ratio : the catastrophe ratio ( a component of the loss and loss adjustment expense ratio ) represents the ratio of catastrophe losses ( net of reinsurance ) to earned premiums . a catastrophe is an event that causes $ 25 or more in industry insured property losses and affects a significant number of property and casualty policyholders and insurers . by their nature , catastrophe losses vary dramatically from year to year . based on the mix and geographic dispersion of premium written and estimates derived from various catastrophe loss models , the company 2019s expected catastrophe ratio over the long-term is 3.0 points . before considering the reduction in ongoing operation 2019s catastrophe reserves related to september 11 of $ 298 in 2004 , the catastrophe ratio in 2004 was 5.3 points . see 201crisk management strategy 201d below for a discussion of the company 2019s property catastrophe risk management program that serves to mitigate the company 2019s net exposure to catastrophe losses . combined ratio before catastrophes and prior accident year development : the combined ratio before catastrophes and prior accident year development represents the combined ratio for the current accident year , excluding the impact of catastrophes . the company believes this ratio is an important measure of the trend in profitability since it removes the impact of volatile and unpredictable catastrophe losses and prior accident year reserve development . before considering catastrophes , the combined ratio related to current accident year business has improved from 2002 to 2004 principally due to earned pricing increases and favorable claim frequency . other operations underwriting results : the other operations segment is responsible for managing operations of the hartford that have discontinued writing new or renewal business as well as managing the claims related to asbestos and environmental exposures . as such , neither earned premiums nor underwriting ratios are meaningful financial measures . instead , management believes that underwriting result is a more meaningful measure . the net underwriting loss for 2002 through 2004 is primarily due to prior accident year loss development , including $ 2.6 billion of net asbestos reserve strengthening in 2003 . reserve estimates within other operations , including estimates for asbestos and environmental claims , are inherently uncertain . refer to the other operations segment md&a for further discussion of other operation's underwriting results . total property & casualty investment earnings . <table class='wikitable'><tr><td>1</td><td>-</td><td>2004</td><td>2003</td><td>2002</td></tr><tr><td>2</td><td>investment yield after-tax</td><td>4.1% ( 4.1 % )</td><td>4.2% ( 4.2 % )</td><td>4.5% ( 4.5 % )</td></tr><tr><td>3</td><td>net realized capital gains ( losses ) after-tax</td><td>$ 87</td><td>$ 165</td><td>$ -44 ( 44 )</td></tr></table> the investment return , or yield , on property & casualty 2019s invested assets is an important element of the company 2019s earnings since insurance products are priced with the assumption that premiums received can be invested for a period of time before loss and loss adjustment expenses are paid . for longer tail lines , such as workers 2019 compensation and general liability , claims are paid over several years and , therefore , the premiums received for these lines of business can generate significant investment income . him determines the appropriate allocation of investments by asset class and measures the investment yield performance for each asset class against market indices or other benchmarks . due to the emphasis on preservation of capital and the need to maintain sufficient liquidity to satisfy claim obligations , the vast majority of property and casualty 2019s invested assets have been held in fixed maturities , including , among other asset classes , corporate bonds , municipal bonds , government debt , short-term debt , mortgage- . Question: what is the net realized capital gain after tax in 2004? Answer: 87.0 Question: what about in 2003? Answer: 165.0 Question: what is the total gains for 2003 and 2004? Answer: 252.0 Question: what about if losses from 2002 are added?
208.0
Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
shareowner return performance graph the following performance graph and related information shall not be deemed 201csoliciting material 201d or to be 201cfiled 201d with the sec , nor shall such information be incorporated by reference into any future filing under the securities act of 1933 or securities exchange act of 1934 , each as amended , except to the extent that the company specifically incorporates such information by reference into such filing . the following graph shows a five year comparison of cumulative total shareowners 2019 returns for our class b common stock , the standard & poor 2019s 500 index , and the dow jones transportation average . the comparison of the total cumulative return on investment , which is the change in the quarterly stock price plus reinvested dividends for each of the quarterly periods , assumes that $ 100 was invested on december 31 , 2009 in the standard & poor 2019s 500 index , the dow jones transportation average , and our class b common stock. . <table class='wikitable'><tr><td>1</td><td>-</td><td>12/31/2009</td><td>12/31/2010</td><td>12/31/2011</td><td>12/31/2012</td><td>12/31/2013</td><td>12/31/2014</td></tr><tr><td>2</td><td>united parcel service inc .</td><td>$ 100.00</td><td>$ 130.29</td><td>$ 135.35</td><td>$ 140.54</td><td>$ 205.95</td><td>$ 223.79</td></tr><tr><td>3</td><td>standard & poor 2019s 500 index</td><td>$ 100.00</td><td>$ 115.06</td><td>$ 117.48</td><td>$ 136.26</td><td>$ 180.38</td><td>$ 205.05</td></tr><tr><td>4</td><td>dow jones transportation average</td><td>$ 100.00</td><td>$ 126.74</td><td>$ 126.75</td><td>$ 136.24</td><td>$ 192.61</td><td>$ 240.91</td></tr></table> . Question: what the value of the investment in ups in 2012? Answer: 140.54 Question: what about in 2010? Answer: 130.29 Question: what is the net change in value of this investment? Answer: 10.25 Question: what roi does this represent?
0.07867
Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
part ii item 5 . market for registrant 2019s common equity , related stockholder matters and issuer purchases of equity securities . the company 2019s common stock is listed on the new york stock exchange . prior to the separation of alcoa corporation from the company , the company 2019s common stock traded under the symbol 201caa . 201d in connection with the separation , on november 1 , 2016 , the company changed its stock symbol and its common stock began trading under the symbol 201carnc . 201d on october 5 , 2016 , the company 2019s common shareholders approved a 1-for-3 reverse stock split of the company 2019s outstanding and authorized shares of common stock ( the 201creverse stock split 201d ) . as a result of the reverse stock split , every three shares of issued and outstanding common stock were combined into one issued and outstanding share of common stock , without any change in the par value per share . the reverse stock split reduced the number of shares of common stock outstanding from approximately 1.3 billion shares to approximately 0.4 billion shares , and proportionately decreased the number of authorized shares of common stock from 1.8 billion to 0.6 billion shares . the company 2019s common stock began trading on a reverse stock split-adjusted basis on october 6 , 2016 . on november 1 , 2016 , the company completed the separation of its business into two independent , publicly traded companies : the company and alcoa corporation . the separation was effected by means of a pro rata distribution by the company of 80.1% ( 80.1 % ) of the outstanding shares of alcoa corporation common stock to the company 2019s shareholders . the company 2019s shareholders of record as of the close of business on october 20 , 2016 ( the 201crecord date 201d ) received one share of alcoa corporation common stock for every three shares of the company 2019s common stock held as of the record date . the company retained 19.9% ( 19.9 % ) of the outstanding common stock of alcoa corporation immediately following the separation . see disposition of retained shares in note c to the consolidated financial statements in part ii item 8 of this form 10-k . the following table sets forth , for the periods indicated , the high and low sales prices and quarterly dividend amounts per share of the company 2019s common stock as reported on the new york stock exchange , adjusted to take into account the reverse stock split effected on october 6 , 2016 . the prices listed below for those dates prior to november 1 , 2016 reflect stock trading prices of alcoa inc . prior to the separation of alcoa corporation from the company on november 1 , 2016 , and therefore are not comparable to the company 2019s post-separation prices. . <table class='wikitable'><tr><td>1</td><td>quarter</td><td>2017 high</td><td>2017 low</td><td>2017 dividend</td><td>2017 high</td><td>2017 low</td><td>dividend</td></tr><tr><td>2</td><td>first</td><td>$ 30.69</td><td>$ 18.64</td><td>$ 0.06</td><td>$ 30.66</td><td>$ 18.42</td><td>$ 0.09</td></tr><tr><td>3</td><td>second</td><td>28.65</td><td>21.76</td><td>0.06</td><td>34.50</td><td>26.34</td><td>0.09</td></tr><tr><td>4</td><td>third</td><td>26.84</td><td>22.67</td><td>0.06</td><td>32.91</td><td>27.09</td><td>0.09</td></tr><tr><td>5</td><td>fourth ( separation occurred on november 1 2016 )</td><td>27.85</td><td>22.74</td><td>0.06</td><td>32.10</td><td>16.75</td><td>0.09</td></tr><tr><td>6</td><td>year</td><td>$ 30.69</td><td>$ 18.64</td><td>$ 0.24</td><td>$ 34.50</td><td>$ 16.75</td><td>$ 0.36</td></tr></table> the number of holders of record of common stock was approximately 12271 as of february 16 , 2018. . Question: what is the ratio of common stock outstanding shares post split to prior? Answer: 0.30769 Question: what is 1 less that quotient?
0.69231
Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
table of contents other equity method investments infraservs . we hold indirect ownership interests in several german infraserv groups that own and develop industrial parks and provide on-site general and administrative support to tenants . our ownership interest in the equity investments in infraserv affiliates are as follows : as of december 31 , 2017 ( in percentages ) infraserv gmbh & co . gendorf kg ( 1 ) ................................................................................................... . 39 . <table class='wikitable'><tr><td>1</td><td>-</td><td>as of december 31 2017 ( in percentages )</td></tr><tr><td>2</td><td>infraserv gmbh & co . gendorf kg ( 1 )</td><td>39</td></tr><tr><td>3</td><td>infraserv gmbh & co . hoechst kg</td><td>32</td></tr><tr><td>4</td><td>infraserv gmbh & co . knapsack kg ( 1 )</td><td>27</td></tr></table> infraserv gmbh & co . knapsack kg ( 1 ) ................................................................................................ . 27 ______________________________ ( 1 ) see note 29 - subsequent events in the accompanying consolidated financial statements for further information . research and development our business models leverage innovation and conduct research and development activities to develop new , and optimize existing , production technologies , as well as to develop commercially viable new products and applications . research and development expense was $ 72 million , $ 78 million and $ 119 million for the years ended december 31 , 2017 , 2016 and 2015 , respectively . we consider the amounts spent during each of the last three fiscal years on research and development activities to be sufficient to execute our current strategic initiatives . intellectual property we attach importance to protecting our intellectual property , including safeguarding our confidential information and through our patents , trademarks and copyrights , in order to preserve our investment in research and development , manufacturing and marketing . patents may cover processes , equipment , products , intermediate products and product uses . we also seek to register trademarks as a means of protecting the brand names of our company and products . patents . in most industrial countries , patent protection exists for new substances and formulations , as well as for certain unique applications and production processes . however , we do business in regions of the world where intellectual property protection may be limited and difficult to enforce . confidential information . we maintain stringent information security policies and procedures wherever we do business . such information security policies and procedures include data encryption , controls over the disclosure and safekeeping of confidential information and trade secrets , as well as employee awareness training . trademarks . amcel ae , aoplus ae , ateva ae , avicor ae , celanese ae , celanex ae , celcon ae , celfx ae , celstran ae , celvolit ae , clarifoil ae , dur- o-set ae , ecomid ae , ecovae ae , forflex ae , forprene ae , frianyl ae , fortron ae , ghr ae , gumfit ae , gur ae , hostaform ae , laprene ae , metalx ae , mowilith ae , mt ae , nilamid ae , nivionplast ae , nutrinova ae , nylfor ae , pibiflex ae , pibifor ae , pibiter ae , polifor ae , resyn ae , riteflex ae , slidex ae , sofprene ae , sofpur ae , sunett ae , talcoprene ae , tecnoprene ae , thermx ae , tufcor ae , vantage ae , vectra ae , vinac ae , vinamul ae , vitaldose ae , zenite ae and certain other branded products and services named in this document are registered or reserved trademarks or service marks owned or licensed by celanese . the foregoing is not intended to be an exhaustive or comprehensive list of all registered or reserved trademarks and service marks owned or licensed by celanese . fortron ae is a registered trademark of fortron industries llc . hostaform ae is a registered trademark of hoechst gmbh . mowilith ae and nilamid ae are registered trademarks of celanese in most european countries . we monitor competitive developments and defend against infringements on our intellectual property rights . neither celanese nor any particular business segment is materially dependent upon any one patent , trademark , copyright or trade secret . environmental and other regulation matters pertaining to environmental and other regulations are discussed in item 1a . risk factors , as well as note 2 - summary of accounting policies , note 16 - environmental and note 24 - commitments and contingencies in the accompanying consolidated financial statements. . Question: what was the research and development expense in 2017? Answer: 72.0 Question: and what was it in 2016? Answer: 78.0 Question: what was, then, the variation over the year? Answer: -6.0 Question: and what is this variation as a percent of the 2016 expense? Answer: -0.07692 Question: and for the precedent year of that period, what was that variation for the segment?
-41.0
Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
entergy new orleans , inc . and subsidiaries management 2019s financial discussion and analysis results of operations net income 2016 compared to 2015 net income increased $ 3.9 million primarily due to higher net revenue , partially offset by higher depreciation and amortization expenses , higher interest expense , and lower other income . 2015 compared to 2014 net income increased $ 13.9 million primarily due to lower other operation and maintenance expenses and higher net revenue , partially offset by a higher effective income tax rate . net revenue 2016 compared to 2015 net revenue consists of operating revenues net of : 1 ) fuel , fuel-related expenses , and gas purchased for resale , 2 ) purchased power expenses , and 3 ) other regulatory charges . following is an analysis of the change in net revenue comparing 2016 to 2015 . amount ( in millions ) . <table class='wikitable'><tr><td>1</td><td>-</td><td>amount ( in millions )</td></tr><tr><td>2</td><td>2015 net revenue</td><td>$ 293.9</td></tr><tr><td>3</td><td>retail electric price</td><td>39.0</td></tr><tr><td>4</td><td>net gas revenue</td><td>-2.5 ( 2.5 )</td></tr><tr><td>5</td><td>volume/weather</td><td>-5.1 ( 5.1 )</td></tr><tr><td>6</td><td>other</td><td>-8.1 ( 8.1 )</td></tr><tr><td>7</td><td>2016 net revenue</td><td>$ 317.2</td></tr></table> the retail electric price variance is primarily due to an increase in the purchased power and capacity acquisition cost recovery rider , as approved by the city council , effective with the first billing cycle of march 2016 , primarily related to the purchase of power block 1 of the union power station . see note 14 to the financial statements for discussion of the union power station purchase . the net gas revenue variance is primarily due to the effect of less favorable weather on residential and commercial sales . the volume/weather variance is primarily due to a decrease of 112 gwh , or 2% ( 2 % ) , in billed electricity usage , partially offset by the effect of favorable weather on commercial sales and a 2% ( 2 % ) increase in the average number of electric customers. . Question: what was the net revenue in 2016? Answer: 317.2 Question: what was the net revenue in 2015? Answer: 293.9 Question: what is the difference in revenues? Answer: 23.3 Question: what was the net revenue in 2015?
293.9
Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
the company entered into agreements with various governmental entities in the states of kentucky , georgia and tennessee to implement tax abatement plans related to its distribution center in franklin , kentucky ( simpson county ) , its distribution center in macon , georgia ( bibb county ) , and its store support center in brentwood , tennessee ( williamson county ) . the tax abatement plans provide for reduction of real property taxes for specified time frames by legally transferring title to its real property in exchange for industrial revenue bonds . this property was then leased back to the company . no cash was exchanged . the lease payments are equal to the amount of the payments on the bonds . the tax abatement period extends through the term of the lease , which coincides with the maturity date of the bonds . at any time , the company has the option to purchase the real property by paying off the bonds , plus $ 1 . the terms and amounts authorized and drawn under each industrial revenue bond agreement are outlined as follows , as of december 30 , 2017 : bond term bond authorized amount ( in millions ) amount drawn ( in millions ) . <table class='wikitable'><tr><td>1</td><td>-</td><td>bond term</td><td>bond authorized amount ( in millions )</td><td>amount drawn ( in millions )</td></tr><tr><td>2</td><td>franklin kentucky distribution center</td><td>30 years</td><td>$ 54.0</td><td>$ 51.8</td></tr><tr><td>3</td><td>macon georgia distribution center</td><td>15 years</td><td>$ 58.0</td><td>$ 49.9</td></tr><tr><td>4</td><td>brentwood tennessee store support center</td><td>10 years</td><td>$ 78.0</td><td>$ 75.3</td></tr></table> due to the form of these transactions , the company has not recorded the bonds or the lease obligation associated with the sale lease-back transaction . the original cost of the company 2019s property and equipment is recorded on the balance sheet and is being depreciated over its estimated useful life . capitalized software costs the company capitalizes certain costs related to the acquisition and development of software and amortizes these costs using the straight-line method over the estimated useful life of the software , which is three to five years . computer software consists of software developed for internal use and third-party software purchased for internal use . a subsequent addition , modification or upgrade to internal-use software is capitalized to the extent that it enhances the software 2019s functionality or extends its useful life . these costs are included in computer software and hardware in the accompanying consolidated balance sheets . certain software costs not meeting the criteria for capitalization are expensed as incurred . store closing costs the company regularly evaluates the performance of its stores and periodically closes those that are under-performing . the company records a liability for costs associated with an exit or disposal activity when the liability is incurred , usually in the period the store closes . store closing costs were not significant to the results of operations for any of the fiscal years presented . leases assets under capital leases are amortized in accordance with the company 2019s normal depreciation policy for owned assets or over the lease term , if shorter , and the related charge to operations is included in depreciation expense in the consolidated statements of income . certain operating leases include rent increases during the lease term . for these leases , the company recognizes the related rental expense on a straight-line basis over the term of the lease ( which includes the pre-opening period of construction , renovation , fixturing and merchandise placement ) and records the difference between the expense charged to operations and amounts paid as a deferred rent liability . the company occasionally receives reimbursements from landlords to be used towards improving the related store to be leased . leasehold improvements are recorded at their gross costs , including items reimbursed by landlords . related reimbursements are deferred and amortized on a straight-line basis as a reduction of rent expense over the applicable lease term . note 2 - share-based compensation : share-based compensation includes stock option and restricted stock unit awards and certain transactions under the company 2019s espp . share-based compensation expense is recognized based on the grant date fair value of all stock option and restricted stock unit awards plus a discount on shares purchased by employees as a part of the espp . the discount under the espp represents the difference between the purchase date market value and the employee 2019s purchase price. . Question: what is the percent of the amount drawn to the amount authorized for the franklin kentucky distribution center? Answer: 0.95926 Question: what is the amount lost from the bond authorization to the withdrawn for brentwood tennessee store support center? Answer: 2.7 Question: what is the bond authorized amount for macon georgia distribution center?
58.0
Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
notes to consolidated financial statements ( continued ) note 1 2014summary of significant accounting policies ( continued ) present value is accreted over the life of the related lease as an operating expense . all of the company 2019s existing asset retirement obligations are associated with commitments to return property subject to operating leases to original condition upon lease termination . the following table reconciles changes in the company 2019s asset retirement liabilities for fiscal 2006 and 2005 ( in millions ) : . <table class='wikitable'><tr><td>1</td><td>asset retirement liability as of september 25 2004</td><td>$ 8.2</td></tr><tr><td>2</td><td>additional asset retirement obligations recognized</td><td>2.8</td></tr><tr><td>3</td><td>accretion recognized</td><td>0.7</td></tr><tr><td>4</td><td>asset retirement liability as of september 24 2005</td><td>$ 11.7</td></tr><tr><td>5</td><td>additional asset retirement obligations recognized</td><td>2.5</td></tr><tr><td>6</td><td>accretion recognized</td><td>0.5</td></tr><tr><td>7</td><td>asset retirement liability as of september 30 2006</td><td>$ 14.7</td></tr></table> long-lived assets including goodwill and other acquired intangible assets the company reviews property , plant , and equipment and certain identifiable intangibles , excluding goodwill , for impairment in accordance with sfas no . 144 , accounting for the impairment of long-lived assets and for long-lived assets to be disposed of . long-lived assets are reviewed for impairment whenever events or changes in circumstances indicate the carrying amount of an asset may not be recoverable . recoverability of these assets is measured by comparison of its carrying amount to future undiscounted cash flows the assets are expected to generate . if property , plant , and equipment and certain identifiable intangibles are considered to be impaired , the impairment to be recognized equals the amount by which the carrying value of the assets exceeds its fair market value . for the three fiscal years ended september 30 , 2006 , the company had no material impairment of its long-lived assets , except for the impairment of certain assets in connection with the restructuring actions described in note 6 of these notes to consolidated financial statements . sfas no . 142 , goodwill and other intangible assets requires that goodwill and intangible assets with indefinite useful lives should not be amortized but rather be tested for impairment at least annually or sooner whenever events or changes in circumstances indicate that they may be impaired . the company performs its goodwill impairment tests on or about august 30 of each year . the company did not recognize any goodwill or intangible asset impairment charges in 2006 , 2005 , or 2004 . the company established reporting units based on its current reporting structure . for purposes of testing goodwill for impairment , goodwill has been allocated to these reporting units to the extent it relates to each reporting sfas no . 142 also requires that intangible assets with definite lives be amortized over their estimated useful lives and reviewed for impairment in accordance with sfas no . 144 . the company is currently amortizing its acquired intangible assets with definite lives over periods ranging from 3 to 10 years . foreign currency translation the company translates the assets and liabilities of its international non-u.s . functional currency subsidiaries into u.s . dollars using exchange rates in effect at the end of each period . revenue and expenses for these subsidiaries are translated using rates that approximate those in effect during the period . gains and losses from these translations are credited or charged to foreign currency translation . Question: what was the asset retirement liability in 2006? Answer: 14.7 Question: and was that of 2005? Answer: 11.7 Question: what was, then, the change over the year? Answer: 3.0 Question: what was the asset retirement liability in 2005? Answer: 11.7 Question: and how much does that change represent in relation to it?
0.25641
Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
unconditional purchase obligations approximately $ 390 of our long-term unconditional purchase obligations relate to feedstock supply for numerous hyco ( hydrogen , carbon monoxide , and syngas ) facilities . the price of feedstock supply is principally related to the price of natural gas . however , long-term take-or-pay sales contracts to hyco customers are generally matched to the term of the feedstock supply obligations and provide recovery of price increases in the feedstock supply . due to the matching of most long-term feedstock supply obligations to customer sales contracts , we do not believe these purchase obligations would have a material effect on our financial condition or results of operations . refer to note 17 , commitments and contingencies , to the consolidated financial statements for additional information on our unconditional purchase obligations . the unconditional purchase obligations also include other product supply and purchase commitments and electric power and natural gas supply purchase obligations , which are primarily pass-through contracts with our customers . in addition , purchase commitments to spend approximately $ 540 for additional plant and equipment are included in the unconditional purchase obligations in 2016 . we also purchase materials , energy , capital equipment , supplies , and services as part of the ordinary course of business under arrangements that are not unconditional purchase obligations . the majority of such purchases are for raw materials and energy , which are obtained under requirements-type contracts at market prices . obligation for future contribution to an equity affiliate on 19 april 2015 , a joint venture between air products and acwa holding entered into a 20-year oxygen and nitrogen supply agreement to supply saudi aramco 2019s oil refinery and power plant being built in jazan , saudi arabia . air products owns 25% ( 25 % ) of the joint venture and guarantees the repayment of its share of an equity bridge loan . in total , we expect to invest approximately $ 100 in this joint venture . as of 30 september 2015 , we recorded a noncurrent liability of $ 67.5 for our obligation to make future equity contributions based on advances received by the joint venture under the loan . income tax liabilities noncurrent deferred income tax liabilities as of 30 september 2015 were $ 903.3 . tax liabilities related to unrecognized tax benefits as of 30 september 2015 were $ 97.5 . these tax liabilities were excluded from the contractual obligations table , as it is impractical to determine a cash impact by year given that payments will vary according to changes in tax laws , tax rates , and our operating results . in addition , there are uncertainties in timing of the effective settlement of our uncertain tax positions with respective taxing authorities . refer to note 23 , income taxes , to the consolidated financial statements for additional information . pension benefits the company sponsors defined benefit pension plans and defined contribution plans that cover a substantial portion of its worldwide employees . the principal defined benefit pension plans 2014the u.s . salaried pension plan and the u.k . pension plan 2014were closed to new participants in 2005 and were replaced with defined contribution plans . over the long run , the shift to defined contribution plans is expected to reduce volatility of both plan expense and contributions . the fair market value of plan assets for our defined benefit pension plans as of the 30 september 2015 measurement date decreased to $ 3916.4 from $ 4114.6 at the end of fiscal year 2014 . the projected benefit obligation for these plans was $ 4787.8 and $ 4738.6 at the end of the fiscal years 2015 and 2014 , respectively . refer to note 16 , retirement benefits , to the consolidated financial statements for comprehensive and detailed disclosures on our postretirement benefits . pension expense . <table class='wikitable'><tr><td>1</td><td>-</td><td>2015</td><td>2014</td><td>2013</td></tr><tr><td>2</td><td>pension expense</td><td>$ 135.6</td><td>$ 135.9</td><td>$ 169.7</td></tr><tr><td>3</td><td>special terminations settlements and curtailments ( included above )</td><td>35.2</td><td>5.8</td><td>19.8</td></tr><tr><td>4</td><td>weighted average discount rate</td><td>4.0% ( 4.0 % )</td><td>4.6% ( 4.6 % )</td><td>4.0% ( 4.0 % )</td></tr><tr><td>5</td><td>weighted average expected rate of return on plan assets</td><td>7.4% ( 7.4 % )</td><td>7.7% ( 7.7 % )</td><td>7.7% ( 7.7 % )</td></tr><tr><td>6</td><td>weighted average expected rate of compensation increase</td><td>3.5% ( 3.5 % )</td><td>3.9% ( 3.9 % )</td><td>3.8% ( 3.8 % )</td></tr></table> . Question: what was the fair market value of plan assets of the benefit pension plans in 2015? Answer: 3916.4 Question: and what was it in 2014? Answer: 4114.6 Question: what was, then, the change over the year? Answer: -198.2 Question: what was the fair market value of plan assets of the benefit pension plans in 2014? Answer: 4114.6 Question: and how much does that change represent in relation to this 2014 fair market value?
-0.04817
Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
mastercard incorporated notes to consolidated financial statements 2014 ( continued ) ( in thousands , except percent and per share data ) upon termination of employment , excluding retirement , all of a participant 2019s unvested awards are forfeited . however , when a participant terminates employment due to retirement , the participant generally retains all of their awards without providing additional service to the company . eligible retirement is dependent upon age and years of service , as follows : age 55 with ten years of service , age 60 with five years of service and age 65 with two years of service . compensation expense is recognized over the shorter of the vesting periods stated in the ltip , or the date the individual becomes eligible to retire . there are 11550 shares of class a common stock reserved for equity awards under the ltip . although the ltip permits the issuance of shares of class b common stock , no such shares have been reserved for issuance . shares issued as a result of option exercises and the conversions of rsus are expected to be funded with the issuance of new shares of class a common stock . stock options the fair value of each option is estimated on the date of grant using a black-scholes option pricing model . the following table presents the weighted-average assumptions used in the valuation and the resulting weighted- average fair value per option granted for the years ended december 31: . <table class='wikitable'><tr><td>1</td><td>-</td><td>2009</td><td>2008</td><td>2007</td></tr><tr><td>2</td><td>risk-free rate of return</td><td>2.5% ( 2.5 % )</td><td>3.2% ( 3.2 % )</td><td>4.4% ( 4.4 % )</td></tr><tr><td>3</td><td>expected term ( in years )</td><td>6.17</td><td>6.25</td><td>6.25</td></tr><tr><td>4</td><td>expected volatility</td><td>41.7% ( 41.7 % )</td><td>37.9% ( 37.9 % )</td><td>30.9% ( 30.9 % )</td></tr><tr><td>5</td><td>expected dividend yield</td><td>0.4% ( 0.4 % )</td><td>0.3% ( 0.3 % )</td><td>0.6% ( 0.6 % )</td></tr><tr><td>6</td><td>weighted-average fair value per option granted</td><td>$ 71.03</td><td>$ 78.54</td><td>$ 41.03</td></tr></table> the risk-free rate of return was based on the u.s . treasury yield curve in effect on the date of grant . the company utilizes the simplified method for calculating the expected term of the option based on the vesting terms and the contractual life of the option . the expected volatility for options granted during 2009 was based on the average of the implied volatility of mastercard and a blend of the historical volatility of mastercard and the historical volatility of a group of companies that management believes is generally comparable to mastercard . the expected volatility for options granted during 2008 was based on the average of the implied volatility of mastercard and the historical volatility of a group of companies that management believes is generally comparable to mastercard . as the company did not have sufficient publicly traded stock data historically , the expected volatility for options granted during 2007 was primarily based on the average of the historical and implied volatility of a group of companies that management believed was generally comparable to mastercard . the expected dividend yields were based on the company 2019s expected annual dividend rate on the date of grant. . Question: what was the risk free rate in 2009? Answer: 2.5 Question: what was the risk free rate in 2008? Answer: 3.2 Question: what was the net change in the risk free rate?
-0.7
Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
income taxes american water and its subsidiaries participate in a consolidated federal income tax return for u.s . tax purposes . members of the consolidated group are charged with the amount of federal income tax expense determined as if they filed separate returns . certain income and expense items are accounted for in different time periods for financial reporting than for income tax reporting purposes . the company provides deferred income taxes on the difference between the tax basis of assets and liabilities and the amounts at which they are carried in the financial statements . these deferred income taxes are based on the enacted tax rates expected to be in effect when these temporary differences are projected to reverse . in addition , the regulated utility subsidiaries recognize regulatory assets and liabilities for the effect on revenues expected to be realized as the tax effects of temporary differences , previously flowed through to customers , reverse . investment tax credits have been deferred by the regulated utility subsidiaries and are being amortized to income over the average estimated service lives of the related assets . the company recognizes accrued interest and penalties related to tax positions as a component of income tax expense and accounts for sales tax collected from customers and remitted to taxing authorities on a net basis . see note 13 2014income taxes . allowance for funds used during construction afudc is a non-cash credit to income with a corresponding charge to utility plant that represents the cost of borrowed funds or a return on equity funds devoted to plant under construction . the regulated utility subsidiaries record afudc to the extent permitted by the pucs . the portion of afudc attributable to borrowed funds is shown as a reduction of interest , net in the accompanying consolidated statements of operations . any portion of afudc attributable to equity funds would be included in other income ( expenses ) in the accompanying consolidated statements of operations . afudc is summarized in the following table for the years ended december 31: . <table class='wikitable'><tr><td>1</td><td>-</td><td>2017</td><td>2016</td><td>2015</td></tr><tr><td>2</td><td>allowance for other funds used during construction</td><td>$ 19</td><td>$ 15</td><td>$ 13</td></tr><tr><td>3</td><td>allowance for borrowed funds used during construction</td><td>8</td><td>6</td><td>8</td></tr></table> environmental costs the company 2019s water and wastewater operations and the operations of its market-based businesses are subject to u.s . federal , state , local and foreign requirements relating to environmental protection , and as such , the company periodically becomes subject to environmental claims in the normal course of business . environmental expenditures that relate to current operations or provide a future benefit are expensed or capitalized as appropriate . remediation costs that relate to an existing condition caused by past operations are accrued , on an undiscounted basis , when it is probable that these costs will be incurred and can be reasonably estimated . a conservation agreement entered into by a subsidiary of the company with the national oceanic and atmospheric administration in 2010 and amended in 2017 required the company to , among other provisions , implement certain measures to protect the steelhead trout and its habitat in the carmel river watershed in the state of california . the company agreed to pay $ 1 million annually commencing in 2010 with the final payment being made in 2021 . remediation costs accrued amounted to $ 6 million and less than $ 1 million as of december 31 , 2017 and 2016 , respectively . derivative financial instruments the company uses derivative financial instruments for purposes of hedging exposures to fluctuations in interest rates . these derivative contracts are entered into for periods consistent with the related underlying . Question: together, what were the allowance for other funds and for borrowed funds used during construction in 2016? Answer: 21.0 Question: and the percentage of this value that was borrowed?
0.28571
Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
2022 expand client relationships - the overall market we serve continues to gravitate beyond single-application purchases to multi-solution partnerships . as the market dynamics shift , we expect our clients and prospects to rely more on our multidimensional service offerings . our leveraged solutions and processing expertise can produce meaningful value and cost savings for our clients through more efficient operating processes , improved service quality and convenience for our clients' customers . 2022 build global diversification - we continue to deploy resources in global markets where we expect to achieve meaningful scale . revenues by segment the table below summarizes our revenues by reporting segment ( in millions ) : . <table class='wikitable'><tr><td>1</td><td>-</td><td>2017</td><td>2016</td><td>2015</td></tr><tr><td>2</td><td>ifs</td><td>$ 4630</td><td>$ 4525</td><td>$ 3809</td></tr><tr><td>3</td><td>gfs</td><td>4138</td><td>4250</td><td>2361</td></tr><tr><td>4</td><td>corporate and other</td><td>355</td><td>466</td><td>426</td></tr><tr><td>5</td><td>total consolidated revenues</td><td>$ 9123</td><td>$ 9241</td><td>$ 6596</td></tr></table> integrated financial solutions ( "ifs" ) the ifs segment is focused primarily on serving north american regional and community bank and savings institutions for transaction and account processing , payment solutions , channel solutions , digital channels , fraud , risk management and compliance solutions , lending and wealth and retirement solutions , and corporate liquidity , capitalizing on the continuing trend to outsource these solutions . clients in this segment include regional and community banks , credit unions and commercial lenders , as well as government institutions , merchants and other commercial organizations . these markets are primarily served through integrated solutions and characterized by multi-year processing contracts that generate highly recurring revenues . the predictable nature of cash flows generated from this segment provides opportunities for further investments in innovation , integration , information and security , and compliance in a cost-effective manner . our solutions in this segment include : 2022 core processing and ancillary applications . our core processing software applications are designed to run banking processes for our financial institution clients , including deposit and lending systems , customer management , and other central management systems , serving as the system of record for processed activity . our diverse selection of market- focused core systems enables fis to compete effectively in a wide range of markets . we also offer a number of services that are ancillary to the primary applications listed above , including branch automation , back-office support systems and compliance support . 2022 digital solutions , including internet , mobile and ebanking . our comprehensive suite of retail delivery applications enables financial institutions to integrate and streamline customer-facing operations and back-office processes , thereby improving customer interaction across all channels ( e.g. , branch offices , internet , atm , mobile , call centers ) . fis' focus on consumer access has driven significant market innovation in this area , with multi-channel and multi-host solutions and a strategy that provides tight integration of services and a seamless customer experience . fis is a leader in mobile banking solutions and electronic banking enabling clients to manage banking and payments through the internet , mobile devices , accounting software and telephone . our corporate electronic banking solutions provide commercial treasury capabilities including cash management services and multi-bank collection and disbursement services that address the specialized needs of corporate clients . fis systems provide full accounting and reconciliation for such transactions , serving also as the system of record. . Question: what was the change in revenues generated by the fis segment from 2016 to 2017? Answer: 105.0 Question: and what is this change as a portion of those revenues in 2016? Answer: 0.0232 Question: in that year of 2017, what was the amount from the gfs segment? Answer: 4138.0 Question: and what were the total consolidated revenues? Answer: 9123.0 Question: what percentage, then, of this total did that amount represent?
0.45358
Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
edwards lifesciences corporation notes to consolidated financial statements 2014 ( continued ) future minimum lease payments ( including interest ) under noncancelable operating leases and aggregate debt maturities at december 31 , 2004 were as follows ( in millions ) : aggregate operating debt leases maturities 2005*************************************************************** $ 13.1 $ 2014 2006*************************************************************** 11.5 2014 2007*************************************************************** 8.9 2014 2008*************************************************************** 8.0 2014 2009*************************************************************** 7.2 2014 thereafter ********************************************************** 1.1 267.1 total obligations and commitments************************************** $ 49.8 $ 267.1 included in debt at december 31 , 2004 and 2003 were unsecured notes denominated in japanese yen of a57.0 billion ( us$ 67.1 million ) and a56.0 billion ( us$ 55.8 million ) , respectively . certain facilities and equipment are leased under operating leases expiring at various dates . most of the operating leases contain renewal options . total expense for all operating leases was $ 14.0 million , $ 12.3 million , and $ 6.8 million for the years 2004 , 2003 and 2002 , respectively . 11 . financial instruments and risk management fair values of financial instruments the consolidated financial statements include financial instruments whereby the fair market value of such instruments may differ from amounts reflected on a historical basis . financial instruments of the company consist of cash deposits , accounts and other receivables , investments in unconsolidated affiliates , accounts payable , certain accrued liabilities and debt . the fair values of certain investments in unconsolidated affiliates are estimated based on quoted market prices . for other investments , various methods are used to estimate fair value , including external valuations and discounted cash flows . the carrying amount of the company 2019s long-term debt approximates fair market value based on prevailing market rates . the company 2019s other financial instruments generally approximate their fair values based on the short-term nature of these instruments. . <table class='wikitable'><tr><td>1</td><td>-</td><td>operating leases</td><td>aggregate debt maturities</td></tr><tr><td>2</td><td>2005</td><td>$ 13.1</td><td>$ 2014</td></tr><tr><td>3</td><td>2006</td><td>11.5</td><td>2014</td></tr><tr><td>4</td><td>2007</td><td>8.9</td><td>2014</td></tr><tr><td>5</td><td>2008</td><td>8.0</td><td>2014</td></tr><tr><td>6</td><td>2009</td><td>7.2</td><td>2014</td></tr><tr><td>7</td><td>thereafter</td><td>1.1</td><td>267.1</td></tr><tr><td>8</td><td>total obligations and commitments</td><td>$ 49.8</td><td>$ 267.1</td></tr></table> edwards lifesciences corporation notes to consolidated financial statements 2014 ( continued ) future minimum lease payments ( including interest ) under noncancelable operating leases and aggregate debt maturities at december 31 , 2004 were as follows ( in millions ) : aggregate operating debt leases maturities 2005*************************************************************** $ 13.1 $ 2014 2006*************************************************************** 11.5 2014 2007*************************************************************** 8.9 2014 2008*************************************************************** 8.0 2014 2009*************************************************************** 7.2 2014 thereafter ********************************************************** 1.1 267.1 total obligations and commitments************************************** $ 49.8 $ 267.1 included in debt at december 31 , 2004 and 2003 were unsecured notes denominated in japanese yen of a57.0 billion ( us$ 67.1 million ) and a56.0 billion ( us$ 55.8 million ) , respectively . certain facilities and equipment are leased under operating leases expiring at various dates . most of the operating leases contain renewal options . total expense for all operating leases was $ 14.0 million , $ 12.3 million , and $ 6.8 million for the years 2004 , 2003 and 2002 , respectively . 11 . financial instruments and risk management fair values of financial instruments the consolidated financial statements include financial instruments whereby the fair market value of such instruments may differ from amounts reflected on a historical basis . financial instruments of the company consist of cash deposits , accounts and other receivables , investments in unconsolidated affiliates , accounts payable , certain accrued liabilities and debt . the fair values of certain investments in unconsolidated affiliates are estimated based on quoted market prices . for other investments , various methods are used to estimate fair value , including external valuations and discounted cash flows . the carrying amount of the company 2019s long-term debt approximates fair market value based on prevailing market rates . the company 2019s other financial instruments generally approximate their fair values based on the short-term nature of these instruments. . Question: what is the total expense for all operating leases in 2004? Answer: 14.0 Question: what about in 2003?
12.3
Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
contractual obligations the following table includes aggregated information about citigroup 2019s contractual obligations that impact its short- and long-term liquidity and capital needs . the table includes information about payments due under specified contractual obligations , aggregated by type of contractual obligation . it includes the maturity profile of the company 2019s consolidated long-term debt , operating leases and other long-term liabilities . the company 2019s capital lease obligations are included in purchase obligations in the table . citigroup 2019s contractual obligations include purchase obligations that are enforceable and legally binding for the company . for the purposes of the table below , purchase obligations are included through the termination date of the respective agreements , even if the contract is renewable . many of the purchase agreements for goods or services include clauses that would allow the company to cancel the agreement with specified notice ; however , that impact is not included in the table ( unless citigroup has already notified the counterparty of its intention to terminate the agreement ) . other liabilities reflected on the company 2019s consolidated balance sheet include obligations for goods and services that have already been received , litigation settlements , uncertain tax positions , as well as other long-term liabilities that have been incurred and will ultimately be paid in cash . excluded from the following table are obligations that are generally short term in nature , including deposit liabilities and securities sold under agreements to repurchase . the table also excludes certain insurance and investment contracts subject to mortality and morbidity risks or without defined maturities , such that the timing of payments and withdrawals is uncertain . the liabilities related to these insurance and investment contracts are included on the consolidated balance sheet as insurance policy and claims reserves , contractholder funds , and separate and variable accounts . citigroup 2019s funding policy for pension plans is generally to fund to the minimum amounts required by the applicable laws and regulations . at december 31 , 2008 , there were no minimum required contributions , and no contributions are currently planned for the u.s . pension plans . accordingly , no amounts have been included in the table below for future contributions to the u.s . pension plans . for the non-u.s . plans , discretionary contributions in 2009 are anticipated to be approximately $ 167 million and this amount has been included in purchase obligations in the table below . the estimated pension plan contributions are subject to change , since contribution decisions are affected by various factors , such as market performance , regulatory and legal requirements , and management 2019s ability to change funding policy . for additional information regarding the company 2019s retirement benefit obligations , see note 9 to the consolidated financial statements on page 144. . <table class='wikitable'><tr><td>1</td><td>in millions of dollars at year end</td><td>contractual obligations by year 2009</td><td>contractual obligations by year 2010</td><td>contractual obligations by year 2011</td><td>contractual obligations by year 2012</td><td>contractual obligations by year 2013</td><td>contractual obligations by year thereafter</td></tr><tr><td>2</td><td>long-term debt obligations ( 1 )</td><td>$ 88472</td><td>$ 41431</td><td>$ 42112</td><td>$ 27999</td><td>$ 25955</td><td>$ 133624</td></tr><tr><td>3</td><td>operating lease obligations</td><td>1470</td><td>1328</td><td>1134</td><td>1010</td><td>922</td><td>3415</td></tr><tr><td>4</td><td>purchase obligations</td><td>2214</td><td>750</td><td>700</td><td>444</td><td>395</td><td>1316</td></tr><tr><td>5</td><td>other liabilities reflected on the company 2019s consolidated balance sheet ( 2 )</td><td>38221</td><td>792</td><td>35</td><td>36</td><td>38</td><td>3193</td></tr><tr><td>6</td><td>total</td><td>$ 130377</td><td>$ 44301</td><td>$ 43981</td><td>$ 29489</td><td>$ 27310</td><td>$ 141548</td></tr></table> ( 1 ) for additional information about long-term debt and trust preferred securities , see note 20 to the consolidated financial statements on page 169 . ( 2 ) relates primarily to accounts payable and accrued expenses included in other liabilities in the company 2019s consolidated balance sheet . also included are various litigation settlements. . Question: what was the difference in operating lease obligations between 2009 and 2010?
142.0
Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
we hold an interest rate swap agreement to hedge the benchmark interest rate of our $ 375 million 5.0% ( 5.0 % ) senior unsecured notes due july 1 , 2014 . the effect of the swap is to convert our 5.0% ( 5.0 % ) fixed interest rate to a variable interest rate based on the three-month libor plus 2.05% ( 2.05 % ) ( 2.42% ( 2.42 % ) as of october 29 , 2011 ) . in addition , we have a term loan facility of $ 145 million that bears interest at a fluctuating rate for each period equal to the libor rate corresponding with the tenor of the interest period plus a spread of 1.25% ( 1.25 % ) ( 1.61% ( 1.61 % ) as of october 29 , 2011 ) . if libor increases by 100 basis points , our annual interest expense would increase by approximately $ 5 million . however , this hypothetical change in interest rates would not impact the interest expense on our $ 375 million of 3% ( 3 % ) fixed-rate debt , which is not hedged . as of october 30 , 2010 , a similar 100 basis point increase in libor would have resulted in an increase of approximately $ 4 million to our annual interest expense . foreign currency exposure as more fully described in note 2i in the notes to consolidated financial statements contained in item 8 of this annual report on form 10-k , we regularly hedge our non-u.s . dollar-based exposures by entering into forward foreign currency exchange contracts . the terms of these contracts are for periods matching the duration of the underlying exposure and generally range from one month to twelve months . currently , our largest foreign currency exposure is the euro , primarily because our european operations have the highest proportion of our local currency denominated expenses . relative to foreign currency exposures existing at october 29 , 2011 and october 30 , 2010 , a 10% ( 10 % ) unfavorable movement in foreign currency exchange rates over the course of the year would expose us to approximately $ 6 million in losses in earnings or cash flows . the market risk associated with our derivative instruments results from currency exchange rates that are expected to offset the market risk of the underlying transactions , assets and liabilities being hedged . the counterparties to the agreements relating to our foreign exchange instruments consist of a number of major international financial institutions with high credit ratings . based on the credit ratings of our counterparties as of october 29 , 2011 , we do not believe that there is significant risk of nonperformance by them . while the contract or notional amounts of derivative financial instruments provide one measure of the volume of these transactions , they do not represent the amount of our exposure to credit risk . the amounts potentially subject to credit risk ( arising from the possible inability of counterparties to meet the terms of their contracts ) are generally limited to the amounts , if any , by which the counterparties 2019 obligations under the contracts exceed our obligations to the counterparties . the following table illustrates the effect that a 10% ( 10 % ) unfavorable or favorable movement in foreign currency exchange rates , relative to the u.s . dollar , would have on the fair value of our forward exchange contracts as of october 29 , 2011 and october 30 , 2010: . <table class='wikitable'><tr><td>1</td><td>-</td><td>october 29 2011</td><td>october 30 2010</td></tr><tr><td>2</td><td>fair value of forward exchange contracts asset</td><td>$ 2472</td><td>$ 7256</td></tr><tr><td>3</td><td>fair value of forward exchange contracts after a 10% ( 10 % ) unfavorable movement in foreign currency exchange rates asset</td><td>$ 17859</td><td>$ 22062</td></tr><tr><td>4</td><td>fair value of forward exchange contracts after a 10% ( 10 % ) favorable movement in foreign currency exchange rates liability</td><td>$ -13332 ( 13332 )</td><td>$ -7396 ( 7396 )</td></tr></table> fair value of forward exchange contracts after a 10% ( 10 % ) unfavorable movement in foreign currency exchange rates asset . . . . . . . . . . . . . . . . . $ 17859 $ 22062 fair value of forward exchange contracts after a 10% ( 10 % ) favorable movement in foreign currency exchange rates liability . . . . . . . . . . . . . . . . . . . . . . . $ ( 13332 ) $ ( 7396 ) the calculation assumes that each exchange rate would change in the same direction relative to the u.s . dollar . in addition to the direct effects of changes in exchange rates , such changes typically affect the volume of sales or the foreign currency sales price as competitors 2019 products become more or less attractive . our sensitivity analysis of the effects of changes in foreign currency exchange rates does not factor in a potential change in sales levels or local currency selling prices. . Question: what is the net change fair value of forward exchange contracts asset from 2010 to 2011?
-4784.0
Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
the aggregate changes in the balance of gross unrecognized tax benefits , which excludes interest and penalties , for 2012 , 2011 , and 2010 , is as follows ( in millions ) : . <table class='wikitable'><tr><td>1</td><td>-</td><td>2012</td><td>2011</td><td>2010</td></tr><tr><td>2</td><td>beginning balance</td><td>$ 1375</td><td>$ 943</td><td>$ 971</td></tr><tr><td>3</td><td>increases related to tax positions taken during a prior year</td><td>340</td><td>49</td><td>61</td></tr><tr><td>4</td><td>decreases related to tax positions taken during a prior year</td><td>-107 ( 107 )</td><td>-39 ( 39 )</td><td>-224 ( 224 )</td></tr><tr><td>5</td><td>increases related to tax positions taken during the current year</td><td>467</td><td>425</td><td>240</td></tr><tr><td>6</td><td>decreases related to settlements with taxing authorities</td><td>-3 ( 3 )</td><td>0</td><td>-102 ( 102 )</td></tr><tr><td>7</td><td>decreases related to expiration of statute of limitations</td><td>-10 ( 10 )</td><td>-3 ( 3 )</td><td>-3 ( 3 )</td></tr><tr><td>8</td><td>ending balance</td><td>$ 2062</td><td>$ 1375</td><td>$ 943</td></tr></table> the company includes interest and penalties related to unrecognized tax benefits within the provision for income taxes . as of september 29 , 2012 and september 24 , 2011 , the total amount of gross interest and penalties accrued was $ 401 million and $ 261 million , respectively , which is classified as non-current liabilities in the consolidated balance sheets . in connection with tax matters , the company recognized interest expense in 2012 and 2011 of $ 140 million and $ 14 million , respectively , and in 2010 the company recognized an interest benefit of $ 43 million . the company is subject to taxation and files income tax returns in the u.s . federal jurisdiction and in many state and foreign jurisdictions . for u.s . federal income tax purposes , all years prior to 2004 are closed . the internal revenue service ( the 201cirs 201d ) has completed its field audit of the company 2019s federal income tax returns for the years 2004 through 2006 and proposed certain adjustments . the company has contested certain of these adjustments through the irs appeals office . the irs is currently examining the years 2007 through 2009 . in addition , the company is also subject to audits by state , local and foreign tax authorities . in major states and major foreign jurisdictions , the years subsequent to 1989 and 2002 , respectively , generally remain open and could be subject to examination by the taxing authorities . management believes that an adequate provision has been made for any adjustments that may result from tax examinations . however , the outcome of tax audits cannot be predicted with certainty . if any issues addressed in the company 2019s tax audits are resolved in a manner not consistent with management 2019s expectations , the company could be required to adjust its provision for income tax in the period such resolution occurs . although timing of the resolution and/or closure of audits is not certain , the company believes it is reasonably possible that tax audit resolutions could reduce its unrecognized tax benefits by between $ 120 million and $ 170 million in the next 12 months . note 6 2013 shareholders 2019 equity and share-based compensation preferred stock the company has five million shares of authorized preferred stock , none of which is issued or outstanding . under the terms of the company 2019s restated articles of incorporation , the board of directors is authorized to determine or alter the rights , preferences , privileges and restrictions of the company 2019s authorized but unissued shares of preferred stock . dividend and stock repurchase program in 2012 , the board of directors of the company approved a dividend policy pursuant to which it plans to make , subject to subsequent declaration , quarterly dividends of $ 2.65 per share . on july 24 , 2012 , the board of directors declared a dividend of $ 2.65 per share to shareholders of record as of the close of business on august 13 , 2012 . the company paid $ 2.5 billion in conjunction with this dividend on august 16 , 2012 . no dividends were declared in the first three quarters of 2012 or in 2011 and 2010. . Question: what was the difference in the beginning balance between 2011 and 2012? Answer: 432.0 Question: so what was the percentage change during this time?
0.45811
Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
apply as it has no impact on plan obligations . for 2015 , the healthcare trend rate was 7% ( 7 % ) , the ultimate trend rate was 5% ( 5 % ) , and the year the ultimate trend rate is reached was 2019 . projected benefit payments are as follows: . <table class='wikitable'><tr><td>1</td><td>2017</td><td>$ 11.5</td></tr><tr><td>2</td><td>2018</td><td>11.0</td></tr><tr><td>3</td><td>2019</td><td>10.7</td></tr><tr><td>4</td><td>2020</td><td>10.2</td></tr><tr><td>5</td><td>2021</td><td>9.7</td></tr><tr><td>6</td><td>2022 20132026</td><td>35.3</td></tr></table> these estimated benefit payments are based on assumptions about future events . actual benefit payments may vary significantly from these estimates . 17 . commitments and contingencies litigation we are involved in various legal proceedings , including commercial , competition , environmental , health , safety , product liability , and insurance matters . in september 2010 , the brazilian administrative council for economic defense ( cade ) issued a decision against our brazilian subsidiary , air products brasil ltda. , and several other brazilian industrial gas companies for alleged anticompetitive activities . cade imposed a civil fine of r$ 179.2 million ( approximately $ 55 at 30 september 2016 ) on air products brasil ltda . this fine was based on a recommendation by a unit of the brazilian ministry of justice , whose investigation began in 2003 , alleging violation of competition laws with respect to the sale of industrial and medical gases . the fines are based on a percentage of our total revenue in brazil in 2003 . we have denied the allegations made by the authorities and filed an appeal in october 2010 with the brazilian courts . on 6 may 2014 , our appeal was granted and the fine against air products brasil ltda . was dismissed . cade has appealed that ruling and the matter remains pending . we , with advice of our outside legal counsel , have assessed the status of this matter and have concluded that , although an adverse final judgment after exhausting all appeals is possible , such a judgment is not probable . as a result , no provision has been made in the consolidated financial statements . we estimate the maximum possible loss to be the full amount of the fine of r$ 179.2 million ( approximately $ 55 at 30 september 2016 ) plus interest accrued thereon until final disposition of the proceedings . other than this matter , we do not currently believe there are any legal proceedings , individually or in the aggregate , that are reasonably possible to have a material impact on our financial condition , results of operations , or cash flows . environmental in the normal course of business , we are involved in legal proceedings under the comprehensive environmental response , compensation , and liability act ( cercla : the federal superfund law ) ; resource conservation and recovery act ( rcra ) ; and similar state and foreign environmental laws relating to the designation of certain sites for investigation or remediation . presently , there are approximately 33 sites on which a final settlement has not been reached where we , along with others , have been designated a potentially responsible party by the environmental protection agency or are otherwise engaged in investigation or remediation , including cleanup activity at certain of our current and former manufacturing sites . we continually monitor these sites for which we have environmental exposure . accruals for environmental loss contingencies are recorded when it is probable that a liability has been incurred and the amount of loss can be reasonably estimated . the consolidated balance sheets at 30 september 2016 and 2015 included an accrual of $ 81.4 and $ 80.6 , respectively , primarily as part of other noncurrent liabilities . the environmental liabilities will be paid over a period of up to 30 years . we estimate the exposure for environmental loss contingencies to range from $ 81 to a reasonably possible upper exposure of $ 95 as of 30 september 2016. . Question: how much does projected benefit payments of 2020 represents in relation to that of 2019?
0.95327
Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
2010 . on november 1 , 2010 , we redeemed all $ 400 million of our outstanding 6.65% ( 6.65 % ) notes due january 15 , 2011 . the redemption resulted in a $ 5 million early extinguishment charge . receivables securitization facility 2013 at december 31 , 2010 , we have recorded $ 100 million as secured debt under our receivables securitization facility . ( see further discussion of our receivables securitization facility in note 10. ) 15 . variable interest entities we have entered into various lease transactions in which the structure of the leases contain variable interest entities ( vies ) . these vies were created solely for the purpose of doing lease transactions ( principally involving railroad equipment and facilities ) and have no other activities , assets or liabilities outside of the lease transactions . within these lease arrangements , we have the right to purchase some or all of the assets at fixed prices . depending on market conditions , fixed-price purchase options available in the leases could potentially provide benefits to us ; however , these benefits are not expected to be significant . we maintain and operate the assets based on contractual obligations within the lease arrangements , which set specific guidelines consistent within the railroad industry . as such , we have no control over activities that could materially impact the fair value of the leased assets . we do not hold the power to direct the activities of the vies and , therefore , do not control the ongoing activities that have a significant impact on the economic performance of the vies . additionally , we do not have the obligation to absorb losses of the vies or the right to receive benefits of the vies that could potentially be significant to the we are not considered to be the primary beneficiary and do not consolidate these vies because our actions and decisions do not have the most significant effect on the vie 2019s performance and our fixed-price purchase price options are not considered to be potentially significant to the vie 2019s . the future minimum lease payments associated with the vie leases totaled $ 4.2 billion as of december 31 , 2010 . 16 . leases we lease certain locomotives , freight cars , and other property . the consolidated statement of financial position as of december 31 , 2010 and 2009 included $ 2520 million , net of $ 901 million of accumulated depreciation , and $ 2754 million , net of $ 927 million of accumulated depreciation , respectively , for properties held under capital leases . a charge to income resulting from the depreciation for assets held under capital leases is included within depreciation expense in our consolidated statements of income . future minimum lease payments for operating and capital leases with initial or remaining non-cancelable lease terms in excess of one year as of december 31 , 2010 , were as follows : millions operating leases capital leases . <table class='wikitable'><tr><td>1</td><td>millions</td><td>operatingleases</td><td>capitalleases</td></tr><tr><td>2</td><td>2011</td><td>$ 613</td><td>$ 311</td></tr><tr><td>3</td><td>2012</td><td>526</td><td>251</td></tr><tr><td>4</td><td>2013</td><td>461</td><td>253</td></tr><tr><td>5</td><td>2014</td><td>382</td><td>261</td></tr><tr><td>6</td><td>2015</td><td>340</td><td>262</td></tr><tr><td>7</td><td>later years</td><td>2599</td><td>1355</td></tr><tr><td>8</td><td>total minimum lease payments</td><td>$ 4921</td><td>$ 2693</td></tr><tr><td>9</td><td>amount representing interest</td><td>n/a</td><td>-784 ( 784 )</td></tr><tr><td>10</td><td>present value of minimum lease payments</td><td>n/a</td><td>$ 1909</td></tr></table> the majority of capital lease payments relate to locomotives . rent expense for operating leases with terms exceeding one month was $ 624 million in 2010 , $ 686 million in 2009 , and $ 747 million in 2008 . when cash rental payments are not made on a straight-line basis , we recognize variable rental expense on a straight-line basis over the lease term . contingent rentals and sub-rentals are not significant. . Question: what was the rent expense for operating leases with terms exceeding one month in 2010?
624.0
Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
shareowner return performance graph the following performance graph and related information shall not be deemed 201csoliciting material 201d or to be 201cfiled 201d with the sec , nor shall such information be incorporated by reference into any future filing under the securities act of 1933 or securities exchange act of 1934 , each as amended , except to the extent that the company specifically incorporates such information by reference into such filing . the following graph shows a five year comparison of cumulative total shareowners 2019 returns for our class b common stock , the standard & poor 2019s 500 index and the dow jones transportation average . the comparison of the total cumulative return on investment , which is the change in the quarterly stock price plus reinvested dividends for each of the quarterly periods , assumes that $ 100 was invested on december 31 , 2011 in the standard & poor 2019s 500 index , the dow jones transportation average and our class b common stock. . <table class='wikitable'><tr><td>1</td><td>-</td><td>12/31/2011</td><td>12/31/2012</td><td>12/31/2013</td><td>12/31/2014</td><td>12/31/2015</td><td>12/31/2016</td></tr><tr><td>2</td><td>united parcel service inc .</td><td>$ 100.00</td><td>$ 103.84</td><td>$ 152.16</td><td>$ 165.35</td><td>$ 154.61</td><td>$ 189.72</td></tr><tr><td>3</td><td>standard & poor 2019s 500 index</td><td>$ 100.00</td><td>$ 115.99</td><td>$ 153.54</td><td>$ 174.54</td><td>$ 176.94</td><td>$ 198.09</td></tr><tr><td>4</td><td>dow jones transportation average</td><td>$ 100.00</td><td>$ 107.49</td><td>$ 151.97</td><td>$ 190.07</td><td>$ 158.22</td><td>$ 192.80</td></tr></table> . Question: what was the net change in the ups share price from 2011 to 2016? Answer: 89.72 Question: what is the percent change? Answer: 0.8972 Question: what is the net change in the s&p 500 index from 2011 to 2016?
98.09
Read the following texts and table with financial data from an S&P 500 earnings report 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 2014 ( continued ) the company has selected december 1 as the date to perform its annual impairment test . in performing its 2005 and 2004 testing , the company completed an internal appraisal and estimated the fair value of the rental and management reporting unit that contains goodwill utilizing future discounted cash flows and market information . based on the appraisals performed , the company determined that goodwill in its rental and management segment was not impaired . the company 2019s other intangible assets subject to amortization consist of the following as of december 31 , ( in thousands ) : . <table class='wikitable'><tr><td>1</td><td>-</td><td>2005</td><td>2004</td></tr><tr><td>2</td><td>acquired customer base and network location intangibles</td><td>$ 2606546</td><td>$ 1369607</td></tr><tr><td>3</td><td>deferred financing costs</td><td>65623</td><td>89736</td></tr><tr><td>4</td><td>acquired licenses and other intangibles</td><td>51703</td><td>43404</td></tr><tr><td>5</td><td>total</td><td>2723872</td><td>1502747</td></tr><tr><td>6</td><td>less accumulated amortization</td><td>-646560 ( 646560 )</td><td>-517444 ( 517444 )</td></tr><tr><td>7</td><td>other intangible assets net</td><td>$ 2077312</td><td>$ 985303</td></tr></table> the company amortizes its intangible assets over periods ranging from three to fifteen years . amortization of intangible assets for the years ended december 31 , 2005 and 2004 aggregated approximately $ 136.0 million and $ 97.8 million , respectively ( excluding amortization of deferred financing costs , which is included in interest expense ) . the company expects to record amortization expense of approximately $ 183.6 million , $ 178.3 million , $ 174.4 million , $ 172.7 million and $ 170.3 million , for the years ended december 31 , 2006 , 2007 , 2008 , 2009 and 2010 , respectively . these amounts are subject to changes in estimates until the preliminary allocation of the spectrasite purchase price is finalized . 6 . notes receivable in 2000 , the company loaned tv azteca , s.a . de c.v . ( tv azteca ) , the owner of a major national television network in mexico , $ 119.8 million . the loan , which initially bore interest at 12.87% ( 12.87 % ) , payable quarterly , was discounted by the company , as the fair value interest rate at the date of the loan was determined to be 14.25% ( 14.25 % ) . the loan was amended effective january 1 , 2003 to increase the original interest rate to 13.11% ( 13.11 % ) . as of december 31 , 2005 and 2004 , approximately $ 119.8 million undiscounted ( $ 108.2 million discounted ) under the loan was outstanding and included in notes receivable and other long-term assets in the accompanying consolidated balance sheets . the term of the loan is seventy years ; however , the loan may be prepaid by tv azteca without penalty during the last fifty years of the agreement . the discount on the loan is being amortized to interest income 2014tv azteca , net , using the effective interest method over the seventy-year term of the loan . simultaneous with the signing of the loan agreement , the company also entered into a seventy year economic rights agreement with tv azteca regarding space not used by tv azteca on approximately 190 of its broadcast towers . in exchange for the issuance of the below market interest rate loan discussed above and the annual payment of $ 1.5 million to tv azteca ( under the economic rights agreement ) , the company has the right to market and lease the unused tower space on the broadcast towers ( the economic rights ) . tv azteca retains title to these towers and is responsible for their operation and maintenance . the company is entitled to 100% ( 100 % ) of the revenues generated from leases with tenants on the unused space and is responsible for any incremental operating expenses associated with those tenants. . Question: what was the recorded amortization expense in 2007? Answer: 5.3 Question: what was the value in 2006?
178.3
Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
on either a straight-line or accelerated basis . amortization expense for intangibles was approximately $ 4.2 million , $ 4.1 million and $ 4.1 million during the years ended december 31 , 2010 , 2009 and 2008 , respectively . estimated annual amortization expense of the december 31 , 2010 balance for the years ended december 31 , 2011 through 2015 is approximately $ 4.8 million . impairment of long-lived assets long-lived assets are reviewed for possible impairment whenever events or circumstances indicate that the carrying amount of such assets may not be recoverable . if such review indicates that the carrying amount of long- lived assets is not recoverable , the carrying amount of such assets is reduced to fair value . during the year ended december 31 , 2010 , we recognized impairment charges on certain long-lived assets during the normal course of business of $ 1.3 million . there were no adjustments to the carrying value of long-lived assets of continuing operations during the years ended december 31 , 2009 or 2008 . fair value of financial instruments our debt is reflected on the balance sheet at cost . based on market conditions as of december 31 , 2010 , the fair value of our term loans ( see note 5 , 201clong-term obligations 201d ) reasonably approximated the carrying value of $ 590 million . at december 31 , 2009 , the fair value of our term loans at $ 570 million was below the carrying value of $ 596 million because our interest rate margins were below the rate available in the market . we estimated the fair value of our term loans by calculating the upfront cash payment a market participant would require to assume our obligations . the upfront cash payment , excluding any issuance costs , is the amount that a market participant would be able to lend at december 31 , 2010 and 2009 to an entity with a credit rating similar to ours and achieve sufficient cash inflows to cover the scheduled cash outflows under our term loans . the carrying amounts of our cash and equivalents , net trade receivables and accounts payable approximate fair value . we apply the market and income approaches to value our financial assets and liabilities , which include the cash surrender value of life insurance , deferred compensation liabilities and interest rate swaps . required fair value disclosures are included in note 7 , 201cfair value measurements . 201d product warranties some of our salvage mechanical products are sold with a standard six-month warranty against defects . additionally , some of our remanufactured engines are sold with a standard three-year warranty against defects . we record the estimated warranty costs at the time of sale using historical warranty claim information to project future warranty claims activity and related expenses . the changes in the warranty reserve are as follows ( in thousands ) : . <table class='wikitable'><tr><td>1</td><td>balance as of january 1 2009</td><td>$ 540</td></tr><tr><td>2</td><td>warranty expense</td><td>5033</td></tr><tr><td>3</td><td>warranty claims</td><td>-4969 ( 4969 )</td></tr><tr><td>4</td><td>balance as of december 31 2009</td><td>604</td></tr><tr><td>5</td><td>warranty expense</td><td>9351</td></tr><tr><td>6</td><td>warranty claims</td><td>-8882 ( 8882 )</td></tr><tr><td>7</td><td>business acquisitions</td><td>990</td></tr><tr><td>8</td><td>balance as of december 31 2010</td><td>$ 2063</td></tr></table> self-insurance reserves we self-insure a portion of employee medical benefits under the terms of our employee health insurance program . we purchase certain stop-loss insurance to limit our liability exposure . we also self-insure a portion of . Question: what was the net change in changes in the warranty reserve in 2009? Answer: 64.0 Question: what was the value for changes in warranty reserves at the start of 2009? Answer: 540.0 Question: what is the percent change?
0.11852
Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
24 | 2018 emerson annual report 2017 vs . 2016 2013 commercial & residential solutions sales were $ 5.9 billion in 2017 , an increase of $ 302 million , or 5 percent , reflecting favorable conditions in hvac and refrigeration markets in the u.s. , asia and europe , as well as u.s . and asian construction markets . underlying sales increased 5 percent ( $ 297 million ) on 6 percent higher volume , partially offset by 1 percent lower price . foreign currency translation deducted $ 20 million and acquisitions added $ 25 million . climate technologies sales were $ 4.2 billion in 2017 , an increase of $ 268 million , or 7 percent . global air conditioning sales were solid , led by strength in the u.s . and asia and robust growth in china partially due to easier comparisons , while sales were up modestly in europe and declined moderately in middle east/africa . global refrigeration sales were strong , reflecting robust growth in china on increased adoption of energy- efficient solutions and slight growth in the u.s . sensors and solutions had strong growth , while temperature controls was up modestly . tools & home products sales were $ 1.6 billion in 2017 , up $ 34 million compared to the prior year . professional tools had strong growth on favorable demand from oil and gas customers and in other construction-related markets . wet/dry vacuums sales were up moderately as favorable conditions continued in u.s . construction markets . food waste disposers increased slightly , while the storage business declined moderately . overall , underlying sales increased 3 percent in the u.s. , 4 percent in europe and 17 percent in asia ( china up 27 percent ) . sales increased 3 percent in latin america and 4 percent in canada , while sales decreased 5 percent in middle east/africa . earnings were $ 1.4 billion , an increase of $ 72 million driven by climate technologies , while margin was flat . increased volume and resulting leverage , savings from cost reduction actions , and lower customer accommodation costs of $ 16 million were largely offset by higher materials costs , lower price and unfavorable product mix . financial position , capital resources and liquidity the company continues to generate substantial cash from operations and has the resources available to reinvest for growth in existing businesses , pursue strategic acquisitions and manage its capital structure on a short- and long-term basis . cash flow from continuing operations ( dollars in millions ) 2016 2017 2018 . <table class='wikitable'><tr><td>1</td><td>( dollars in millions )</td><td>2016</td><td>2017</td><td>2018</td></tr><tr><td>2</td><td>operating cash flow</td><td>$ 2499</td><td>2690</td><td>2892</td></tr><tr><td>3</td><td>percent of sales</td><td>17.2% ( 17.2 % )</td><td>17.6% ( 17.6 % )</td><td>16.6% ( 16.6 % )</td></tr><tr><td>4</td><td>capital expenditures</td><td>$ 447</td><td>476</td><td>617</td></tr><tr><td>5</td><td>percent of sales</td><td>3.1% ( 3.1 % )</td><td>3.1% ( 3.1 % )</td><td>3.5% ( 3.5 % )</td></tr><tr><td>6</td><td>free cash flow ( operating cash flow less capital expenditures )</td><td>$ 2052</td><td>2214</td><td>2275</td></tr><tr><td>7</td><td>percent of sales</td><td>14.1% ( 14.1 % )</td><td>14.5% ( 14.5 % )</td><td>13.1% ( 13.1 % )</td></tr><tr><td>8</td><td>operating working capital</td><td>$ 755</td><td>1007</td><td>985</td></tr><tr><td>9</td><td>percent of sales</td><td>5.2% ( 5.2 % )</td><td>6.6% ( 6.6 % )</td><td>5.7% ( 5.7 % )</td></tr></table> operating cash flow from continuing operations for 2018 was $ 2.9 billion , a $ 202 million , or 8 percent increase compared with 2017 , primarily due to higher earnings , partially offset by an increase in working capital investment to support higher levels of sales activity and income taxes paid on the residential storage divestiture . operating cash flow from continuing operations of $ 2.7 billion in 2017 increased 8 percent compared to $ 2.5 billion in 2016 , reflecting higher earnings and favorable changes in working capital . at september 30 , 2018 , operating working capital as a percent of sales was 5.7 percent compared with 6.6 percent in 2017 and 5.2 percent in 2016 . the increase in 2017 was due to higher levels of working capital in the acquired valves & controls business . operating cash flow from continuing operations funded capital expenditures of $ 617 million , dividends of $ 1.2 billion , and common stock purchases of $ 1.0 billion . in 2018 , the company repatriated $ 1.4 billion of cash held by non-u.s . subsidiaries , which was part of the company 2019s previously announced plans . these funds along with increased short-term borrowings and divestiture proceeds supported acquisitions of $ 2.2 billion . contributions to pension plans were $ 61 million in 2018 , $ 45 million in 2017 and $ 66 million in 2016 . capital expenditures related to continuing operations were $ 617 million , $ 476 million and $ 447 million in 2018 , 2017 and 2016 , respectively . free cash flow from continuing operations ( operating cash flow less capital expenditures ) was $ 2.3 billion in 2018 , up 3 percent . free cash flow was $ 2.2 billion in 2017 , compared with $ 2.1 billion in 2016 . the company is targeting capital spending of approximately $ 650 million in 2019 . net cash paid in connection with acquisitions was $ 2.2 billion , $ 3.0 billion and $ 132 million in 2018 , 2017 and 2016 , respectively . proceeds from divestitures not classified as discontinued operations were $ 201 million and $ 39 million in 2018 and 2017 , respectively . dividends were $ 1.2 billion ( $ 1.94 per share ) in 2018 , compared with $ 1.2 billion ( $ 1.92 per share ) in 2017 and $ 1.2 billion ( $ 1.90 per share ) in 2016 . in november 2018 , the board of directors voted to increase the quarterly cash dividend 1 percent , to an annualized rate of $ 1.96 per share . purchases of emerson common stock totaled $ 1.0 billion , $ 400 million and $ 601 million in 2018 , 2017 and 2016 , respectively , at average per share prices of $ 66.25 , $ 60.51 and $ 48.11 . the board of directors authorized the purchase of up to 70 million common shares in november 2015 , and 41.8 million shares remain available for purchase under this authorization . the company purchased 15.1 million shares in 2018 , 6.6 million shares in 2017 , and 12.5 million shares in 2016 under this authorization and the remainder of the may 2013 authorization. . Question: what was the value of capital expenditures in 2018? Answer: 617.0 Question: what was the value in 2017? Answer: 476.0 Question: what is the net change? Answer: 141.0 Question: what is the percent change?
0.29622
Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
abiomed , inc . and subsidiaries notes to consolidated financial statements 2014 ( continued ) note 14 . income taxes ( continued ) on april 1 , 2007 , the company adopted financial interpretation fin no . 48 , accounting for uncertainty in income taxes 2014an interpretation of fasb statement no . 109 ( 201cfin no . 48 201d ) , which clarifies the accounting for uncertainty in income taxes recognized in an enterprise 2019s financial statements in accordance with fasb statement no . 109 , accounting for income taxes . fin no . 48 prescribes a recognition threshold and measurement process for recording in the financial statements uncertain tax positions taken or expected to be taken in a tax return . fin no . 48 also provides guidance on derecognition , classification , interest and penalties , accounting in interim periods , disclosure , and transition and defines the criteria that must be met for the benefits of a tax position to be recognized . as a result of its adoption of fin no . 48 , the company recorded the cumulative effect of the change in accounting principle of $ 0.3 million as a decrease to opening retained earnings and an increase to other long-term liabilities as of april 1 , 2007 . this adjustment related to state nexus for failure to file tax returns in various states for the years ended march 31 , 2003 , 2004 , and 2005 . the company initiated a voluntary disclosure plan , which it completed in fiscal year 2009 . the company elected to recognize interest and/or penalties related to income tax matters in income tax expense in its consolidated statements of operations . as of march 31 , 2009 , the company had remitted all outstanding amounts owed to each of the states in connection with the outstanding taxes owed at march 31 , 2008 . as such , the company had no fin no . 48 liability at march 31 , 2009 . on a quarterly basis , the company accrues for the effects of uncertain tax positions and the related potential penalties and interest . it is reasonably possible that the amount of the unrecognized tax benefit with respect to certain of the unrecognized tax positions will increase or decrease during the next 12 months ; however , it is not expected that the change will have a significant effect on the company 2019s results of operations or financial position . a reconciliation of the beginning and ending balance of unrecognized tax benefits , excluding accrued interest recorded at march 31 , 2009 ( in thousands ) is as follows: . <table class='wikitable'><tr><td>1</td><td>balance at march 31 2008</td><td>$ 168</td></tr><tr><td>2</td><td>reductions for tax positions for closing of the applicable statute of limitations</td><td>-168 ( 168 )</td></tr><tr><td>3</td><td>balance at march 31 2009</td><td>$ 2014</td></tr></table> the company and its subsidiaries are subject to u.s . federal income tax , as well as income tax of multiple state and foreign jurisdictions . the company has accumulated significant losses since its inception in 1981 . all tax years remain subject to examination by major tax jurisdictions , including the federal government and the commonwealth of massachusetts . however , since the company has net operating loss and tax credit carry forwards which may be utilized in future years to offset taxable income , those years may also be subject to review by relevant taxing authorities if the carry forwards are utilized . note 15 . commitments and contingencies the company 2019s acquisition of impella provided that abiomed was required to make contingent payments to impella 2019s former shareholders as follows : 2022 upon fda approval of the impella 2.5 device , a payment of $ 5583333 2022 upon fda approval of the impella 5.0 device , a payment of $ 5583333 , and 2022 upon the sale of 1000 units of impella 2019s products worldwide , a payment of $ 5583334 . the two milestones related to sales and fda approval of the impella 2.5 device were achieved and paid prior to march 31 , 2009 . in april 2009 , the company received fda 510 ( k ) clearance of its impella 5.0 product , triggering an obligation to pay the milestone related to the impella 5.0 device . in may 2009 , the company paid $ 1.8 million of this final milestone in cash and elected to pay the remaining amount through the issuance of approximately 664612 shares of common stock. . Question: what was the contingent payments to impella 2019s former shareholders if impella 2.5 and impella 5.0 are approved?
11166666.0
Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
reinvested for continued use in foreign operations . if the total undistributed earnings of foreign subsidiaries were remitted , a significant amount of the additional tax would be offset by the allowable foreign tax credits . it is not practical for us to determine the additional tax of remitting these earnings . in september 2007 , we reached a settlement with the united states department of justice to resolve an 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 . at the time , no tax benefit was recorded related to the settlement expense due to the uncertainty as to the tax treatment . during the third quarter of 2008 , we reached an agreement with the u.s . internal revenue service ( irs ) confirming the deductibility of a portion of the settlement payment . as a result , during 2008 we recorded a current tax benefit of $ 31.7 million . 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 . as of december 31 , 2008 , the amount of unrecognized tax benefits is $ 129.5 million . of this amount , $ 45.5 million would impact our effective tax rate if recognized . $ 38.2 million of the $ 129.5 million liability for unrecognized tax benefits relate to tax positions of acquired entities taken prior to their acquisition by us . under fas 141 ( r ) , if these liabilities are settled for different amounts , they will affect the income tax expense in the period of reversal or settlement . the following is a tabular reconciliation of the total amounts of unrecognized tax benefits ( in millions ) : . <table class='wikitable'><tr><td>1</td><td>-</td><td>2008</td><td>2007</td></tr><tr><td>2</td><td>balance at january 1</td><td>$ 135.2</td><td>$ 95.7</td></tr><tr><td>3</td><td>increases related to prior periods</td><td>12.1</td><td>27.4</td></tr><tr><td>4</td><td>decreases related to prior periods</td><td>-32.0 ( 32.0 )</td><td>-5.5 ( 5.5 )</td></tr><tr><td>5</td><td>increases related to current period</td><td>15.8</td><td>21.9</td></tr><tr><td>6</td><td>decreases related to settlements with taxing authorities</td><td>-1.3 ( 1.3 )</td><td>-1.3 ( 1.3 )</td></tr><tr><td>7</td><td>decreases related to lapse of statue of limitations</td><td>-0.3 ( 0.3 )</td><td>-3.0 ( 3.0 )</td></tr><tr><td>8</td><td>balance at december 31</td><td>$ 129.5</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 december 31 , 2007 , we recorded a liability of $ 19.6 million for accrued interest and penalties , of which $ 14.7 million would impact our effective tax rate , if recognized . the amount of this liability is $ 22.9 million as of december 31 , 2008 . of this amount , $ 17.1 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 . the u.s . federal returns for years 2003 and 2004 are currently under examination by the irs . on july 15 , 2008 , the irs issued its examination report . we filed a formal protest on august 15 , 2008 and requested a conference with the appeals office regarding disputed issues . although the appeals process could take several years , we do not anticipate resolution of the audit will result in any significant impact on our results of operations , financial position or cash flows . in addition , for the 1999 tax year of centerpulse , which we acquired in october 2003 , one issue remains in dispute . 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 z i m m e r h o l d i n g s , i n c . 2 0 0 8 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 ) %%transmsg*** transmitting job : c48761 pcn : 057000000 ***%%pcmsg|57 |00010|yes|no|02/24/2009 06:10|0|0|page is valid , no graphics -- color : d| . Question: what were unrecognized tax benefits in 2008? Answer: 129.5 Question: what were they in 2007?
135.2
Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
from those currently anticipated and expressed in such forward-looking statements as a result of a number of factors , including those we discuss under 201crisk factors 201d and elsewhere in this form 10-k . you should read 201crisk factors 201d and 201cforward-looking statements . 201d executive overview general american water works company , inc . ( herein referred to as 201camerican water 201d or the 201ccompany 201d ) is the largest investor-owned united states water and wastewater utility company , as measured both by operating revenues and population served . our approximately 6400 employees provide drinking water , wastewater and other water related services to an estimated 15 million people in 47 states and in one canadian province . our primary business involves the ownership of water and wastewater utilities that provide water and wastewater services to residential , commercial , industrial and other customers . our regulated businesses that provide these services are generally subject to economic regulation by state regulatory agencies in the states in which they operate . the federal government and the states also regulate environmental , health and safety and water quality matters . our regulated businesses provide services in 16 states and serve approximately 3.2 million customers based on the number of active service connections to our water and wastewater networks . we report the results of these businesses in our regulated businesses segment . we also provide services that are not subject to economic regulation by state regulatory agencies . we report the results of these businesses in our market-based operations segment . in 2014 , we continued the execution of our strategic goals . our commitment to growth through investment in our regulated infrastructure and expansion of our regulated customer base and our market-based operations , combined with operational excellence led to continued improvement in regulated operating efficiency , improved performance of our market-based operations , and enabled us to provide increased value to our customers and investors . during the year , we focused on growth , addressed regulatory lag , made more efficient use of capital and improved our regulated operation and maintenance ( 201co&m 201d ) efficiency ratio . 2014 financial results for the year ended december 31 , 2014 , we continued to increase net income , while making significant capital investment in our infrastructure and implementing operational efficiency improvements to keep customer rates affordable . highlights of our 2014 operating results compared to 2013 and 2012 include: . <table class='wikitable'><tr><td>1</td><td>-</td><td>2014</td><td>2013</td><td>2012</td></tr><tr><td>2</td><td>income from continuing operations</td><td>$ 2.39</td><td>$ 2.07</td><td>$ 2.10</td></tr><tr><td>3</td><td>income ( loss ) from discontinued operations net of tax</td><td>$ -0.04 ( 0.04 )</td><td>$ -0.01 ( 0.01 )</td><td>$ -0.09 ( 0.09 )</td></tr><tr><td>4</td><td>diluted earnings per share</td><td>$ 2.35</td><td>$ 2.06</td><td>$ 2.01</td></tr></table> continuing operations income from continuing operations included 4 cents per diluted share of costs resulting from the freedom industries chemical spill in west virginia in 2014 and included 14 cents per diluted share in 2013 related to a tender offer . earnings from continuing operations , adjusted for these two items , increased 10% ( 10 % ) , or 22 cents per share , mainly due to favorable operating results from our regulated businesses segment due to higher revenues and lower operating expenses , partially offset by higher depreciation expenses . also contributing to the overall increase in income from continuing operations was lower interest expense in 2014 compared to the same period in 2013. . Question: what is the income from continuing operations in 2014? Answer: 2.39 Question: what about in 2012? Answer: 2.1 Question: what is the increase in income from continuing operations? Answer: 0.29 Question: what is the income from continuing operations in 2012? Answer: 2.1 Question: what percentage change does this represent?
0.1381
Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
insurance arrangement . as a result of the adoption of this new guidance , the company recorded a liability representing the actuarial present value of the future death benefits as of the employees 2019 expected retirement date of $ 45 million with the offset reflected as a cumulative-effect adjustment to january 1 , 2008 retained earnings and accumulated other comprehensive income ( loss ) in the amounts of $ 4 million and $ 41 million , respectively , in the company 2019s consolidated statement of stockholders 2019 equity . it is currently expected that minimal , if any , further cash payments will be required to fund these policies . the net periodic cost for these split-dollar life insurance arrangements was $ 6 million in both the years ended december 31 , 2009 and 2008 . the company has recorded a liability representing the actuarial present value of the future death benefits as of the employees 2019 expected retirement date of $ 48 million and $ 47 million as of december 31 , 2009 and december 31 , 2008 , respectively . defined contribution plan the company and certain subsidiaries have various defined contribution plans , in which all eligible employees participate . in the u.s. , the 401 ( k ) plan is a contributory plan . matching contributions are based upon the amount of the employees 2019 contributions . effective january 1 , 2005 , newly hired employees have a higher maximum matching contribution at 4% ( 4 % ) on the first 5% ( 5 % ) of employee contributions , compared to 3% ( 3 % ) on the first 6% ( 6 % ) of employee contributions for employees hired prior to january 2005 . effective january 1 , 2009 , the company temporarily suspended all matching contributions to the motorola 401 ( k ) plan . the company 2019s expenses , primarily relating to the employer match , for all defined contribution plans , for the years ended december 31 , 2009 , 2008 and 2007 were $ 8 million , $ 95 million and $ 116 million , respectively . 8 . share-based compensation plans and other incentive plans stock options , stock appreciation rights and employee stock purchase plan the company grants options to acquire shares of common stock to certain employees , and existing option holders in connection with the merging of option plans following an acquisition . each option granted and stock appreciation right has an exercise price of no less than 100% ( 100 % ) of the fair market value of the common stock on the date of the grant . the awards have a contractual life of five to ten years and vest over two to four years . stock options and stock appreciation rights assumed or replaced with comparable stock options or stock appreciation rights in conjunction with a change in control only become exercisable if the holder is also involuntarily terminated ( for a reason other than cause ) or quits for good reason within 24 months of a change in control . the employee stock purchase plan allows eligible participants to purchase shares of the company 2019s common stock through payroll deductions of up to 10% ( 10 % ) of eligible compensation on an after-tax basis . plan participants cannot purchase more than $ 25000 of stock in any calendar year . the price an employee pays per share is 85% ( 85 % ) of the lower of the fair market value of the company 2019s stock on the close of the first trading day or last trading day of the purchase period . the plan has two purchase periods , the first one from october 1 through march 31 and the second one from april 1 through september 30 . for the years ended december 31 , 2009 , 2008 and 2007 , employees purchased 29.4 million , 18.9 million and 10.2 million shares , respectively , at purchase prices of $ 3.60 and $ 3.68 , $ 7.91 and $ 6.07 , and $ 14.93 and $ 15.02 , respectively . the company calculates the value of each employee stock option , estimated on the date of grant , using the black-scholes option pricing model . the weighted-average estimated fair value of employee stock options granted during 2009 , 2008 and 2007 was $ 2.78 , $ 3.47 and $ 5.95 , respectively , using the following weighted-average assumptions : 2009 2008 2007 . <table class='wikitable'><tr><td>1</td><td>-</td><td>2009</td><td>2008</td><td>2007</td></tr><tr><td>2</td><td>expected volatility</td><td>57.1% ( 57.1 % )</td><td>56.4% ( 56.4 % )</td><td>28.3% ( 28.3 % )</td></tr><tr><td>3</td><td>risk-free interest rate</td><td>1.9% ( 1.9 % )</td><td>2.4% ( 2.4 % )</td><td>4.5% ( 4.5 % )</td></tr><tr><td>4</td><td>dividend yield</td><td>0.0% ( 0.0 % )</td><td>2.7% ( 2.7 % )</td><td>1.1% ( 1.1 % )</td></tr><tr><td>5</td><td>expected life ( years )</td><td>3.9</td><td>5.5</td><td>6.5</td></tr></table> . Question: what was the difference in the number of shares purchased by employees between 2008 and 2009? Answer: 10.5 Question: what was the number of shares purchased by employees in 2008?
18.9
Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
generate cash without additional external financings . free cash flow should be considered in addition to , rather than as a substitute for , cash provided by operating activities . the following table reconciles cash provided by operating activities ( gaap measure ) to free cash flow ( non-gaap measure ) : millions 2014 2013 2012 . <table class='wikitable'><tr><td>1</td><td>millions</td><td>2014</td><td>2013</td><td>2012</td></tr><tr><td>2</td><td>cash provided by operating activities</td><td>$ 7385</td><td>$ 6823</td><td>$ 6161</td></tr><tr><td>3</td><td>cash used in investing activities</td><td>-4249 ( 4249 )</td><td>-3405 ( 3405 )</td><td>-3633 ( 3633 )</td></tr><tr><td>4</td><td>dividends paid</td><td>-1632 ( 1632 )</td><td>-1333 ( 1333 )</td><td>-1146 ( 1146 )</td></tr><tr><td>5</td><td>free cash flow</td><td>$ 1504</td><td>$ 2085</td><td>$ 1382</td></tr></table> 2015 outlook f0b7 safety 2013 operating a safe railroad benefits all our constituents : our employees , customers , shareholders and the communities we serve . we will continue using a multi-faceted approach to safety , utilizing technology , risk assessment , quality control , training and employee engagement , and targeted capital investments . we will continue using and expanding the deployment of total safety culture and courage to care throughout our operations , which allows us to identify and implement best practices for employee and operational safety . we will continue our efforts to increase detection of rail defects ; improve or close crossings ; and educate the public and law enforcement agencies about crossing safety through a combination of our own programs ( including risk assessment strategies ) , industry programs and local community activities across our network . f0b7 network operations 2013 in 2015 , we will continue to add resources to support growth , improve service , and replenish our surge capability . f0b7 fuel prices 2013 with the dramatic drop in fuel prices at the end of 2014 , there is even more uncertainty around the projections of fuel prices . we again could see volatile fuel prices during the year , as they are sensitive to global and u.s . domestic demand , refining capacity , geopolitical events , weather conditions and other factors . as prices fluctuate there will be a timing impact on earnings , as our fuel surcharge programs trail fluctuations in fuel price by approximately two months . lower fuel prices could have a positive impact on the economy by increasing consumer discretionary spending that potentially could increase demand for various consumer products that we transport . alternatively , lower fuel prices will likely have a negative impact on other commodities such as coal , frac sand and crude oil shipments . f0b7 capital plan 2013 in 2015 , we expect our capital plan to be approximately $ 4.3 billion , including expenditures for ptc and 218 locomotives . the capital plan may be revised if business conditions warrant or if new laws or regulations affect our ability to generate sufficient returns on these investments . ( see further discussion in this item 7 under liquidity and capital resources 2013 capital plan. ) f0b7 financial expectations 2013 we expect the overall u.s . economy to continue to improve at a moderate pace . one of the biggest uncertainties is the outlook for energy markets , which will bring both challenges and opportunities . on balance , we expect to see positive volume growth for 2015 versus the prior year . in the current environment , we expect continued margin improvement driven by continued pricing opportunities , ongoing productivity initiatives and the ability to leverage our resources as we improve the fluidity of our network. . Question: what was the net change in the value of free cash flow from 2012 to 2013?
703.0
Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
mastercard incorporated notes to consolidated financial statements 2014 ( continued ) ( in thousands , except percent and per share data ) on june 24 , 2008 , mastercard entered into a settlement agreement ( the 201camerican express settlement 201d ) with american express company ( 201camerican express 201d ) relating to the u.s . federal antitrust litigation between mastercard and american express . the american express settlement ended all existing litigation between mastercard and american express . under the terms of the american express settlement , mastercard is obligated to make 12 quarterly payments of up to $ 150000 per quarter beginning in the third quarter of 2008 . mastercard 2019s maximum nominal payments will total $ 1800000 . the amount of each quarterly payment is contingent on the performance of american express 2019s u.s . global network services business . the quarterly payments will be in an amount equal to 15% ( 15 % ) of american express 2019s u.s . global network services billings during the quarter , up to a maximum of $ 150000 per quarter . if , however , the payment for any quarter is less than $ 150000 , the maximum payment for subsequent quarters will be increased by the difference between $ 150000 and the lesser amount that was paid in any quarter in which there was a shortfall . mastercard assumes american express will achieve these financial hurdles . mastercard recorded the present value of $ 1800000 , at a 5.75% ( 5.75 % ) discount rate , or $ 1649345 for the year ended december 31 , 2008 . in 2003 , mastercard entered into a settlement agreement ( the 201cu.s . merchant lawsuit settlement 201d ) related to the u.s . merchant lawsuit described under the caption 201cu.s . merchant and consumer litigations 201d in note 20 ( legal and regulatory proceedings ) and contract disputes with certain customers . under the terms of the u.s . merchant lawsuit settlement , the company was required to pay $ 125000 in 2003 and $ 100000 annually each december from 2004 through 2012 . in addition , in 2003 , several other lawsuits were initiated by merchants who opted not to participate in the plaintiff class in the u.s . merchant lawsuit . the 201copt-out 201d merchant lawsuits were not covered by the terms of the u.s . merchant lawsuit settlement and all have been individually settled . we recorded liabilities for certain litigation settlements in prior periods . total liabilities for litigation settlements changed from december 31 , 2006 , as follows: . <table class='wikitable'><tr><td>1</td><td>balance as of december 31 2006</td><td>$ 476915</td></tr><tr><td>2</td><td>provision for litigation settlements ( note 20 )</td><td>3400</td></tr><tr><td>3</td><td>interest accretion on u.s . merchant lawsuit</td><td>38046</td></tr><tr><td>4</td><td>payments</td><td>-113925 ( 113925 )</td></tr><tr><td>5</td><td>balance as of december 31 2007</td><td>404436</td></tr><tr><td>6</td><td>provision for discover settlement</td><td>862500</td></tr><tr><td>7</td><td>provision for american express settlement</td><td>1649345</td></tr><tr><td>8</td><td>provision for other litigation settlements</td><td>6000</td></tr><tr><td>9</td><td>interest accretion on u.s . merchant lawsuit settlement</td><td>32879</td></tr><tr><td>10</td><td>interest accretion on american express settlement</td><td>44300</td></tr><tr><td>11</td><td>payments on american express settlement</td><td>-300000 ( 300000 )</td></tr><tr><td>12</td><td>payments on discover settlement</td><td>-862500 ( 862500 )</td></tr><tr><td>13</td><td>payment on u.s . merchant lawsuit settlement</td><td>-100000 ( 100000 )</td></tr><tr><td>14</td><td>other payments and accretion</td><td>-662 ( 662 )</td></tr><tr><td>15</td><td>balance as of december 31 2008</td><td>$ 1736298</td></tr></table> see note 20 ( legal and regulatory proceedings ) for additional discussion regarding the company 2019s legal proceedings. . Question: what was the change in total liabilities for litigation settlements from 2006 to 2007?
-72479.0
Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
a lump sum buyout cost of approximately $ 1.1 million . total rent expense under these leases , included in the accompanying consolidated statements of operations , was approximately $ 893000 , $ 856000 and $ 823000 for the fiscal years ended march 31 , 2001 , 2002 and 2003 , respectively . during the fiscal year ended march 31 , 2000 , the company entered into 36-month operating leases totaling approximately $ 644000 for the lease of office furniture . these leases ended in fiscal year 2003 and at the company 2019s option the furniture was purchased at its fair market value . rental expense recorded for these leases during the fiscal years ended march 31 , 2001 , 2002 and 2003 was approximately $ 215000 , $ 215000 and $ 127000 respectively . during fiscal 2000 , the company entered into a 36-month capital lease for computer equipment and software for approximately $ 221000 . this lease ended in fiscal year 2003 and at the company 2019s option these assets were purchased at the stipulated buyout price . future minimum lease payments under all non-cancelable operating leases as of march 31 , 2003 are approximately as follows ( in thousands ) : . <table class='wikitable'><tr><td>1</td><td>year ending march 31,</td><td>operating leases</td></tr><tr><td>2</td><td>2004</td><td>$ 781</td></tr><tr><td>3</td><td>2005</td><td>776</td></tr><tr><td>4</td><td>2006</td><td>776</td></tr><tr><td>5</td><td>2007</td><td>769</td></tr><tr><td>6</td><td>2008</td><td>772</td></tr><tr><td>7</td><td>thereafter</td><td>1480</td></tr><tr><td>8</td><td>total future minimum lease payments</td><td>$ 5354</td></tr></table> from time to time , the company is involved in legal and administrative proceedings and claims of various types . while any litigation contains an element of uncertainty , management , in consultation with the company 2019s general counsel , presently believes that the outcome of each such other proceedings or claims which are pending or known to be threatened , or all of them combined , will not have a material adverse effect on the company . 7 . stock option and purchase plans all stock options granted by the company under the below-described plans were granted at the fair value of the underlying common stock at the date of grant . outstanding stock options , if not exercised , expire 10 years from the date of grant . the 1992 combination stock option plan ( the combination plan ) , as amended , was adopted in september 1992 as a combination and restatement of the company 2019s then outstanding incentive stock option plan and nonqualified plan . a total of 2670859 options were awarded from the combination plan during its ten-year restatement term that ended on may 1 , 2002 . as of march 31 , 2003 , 1286042 of these options remain outstanding and eligible for future exercise . these options are held by company employees and generally become exercisable ratably over five years . the 1998 equity incentive plan , ( the equity incentive plan ) , was adopted by the company in august 1998 . the equity incentive plan provides for grants of options to key employees , directors , advisors and consultants as either incentive stock options or nonqualified stock options as determined by the company 2019s board of directors . a maximum of 1000000 shares of common stock may be awarded under this plan . options granted under the equity incentive plan are exercisable at such times and subject to such terms as the board of directors may specify at the time of each stock option grant . options outstanding under the equity incentive plan have vesting periods of 3 to 5 years from the date of grant . the 2000 stock incentive plan , ( the 2000 plan ) , was adopted by the company in august 2000 . the 2000 plan provides for grants of options to key employees , directors , advisors and consultants to the company or its subsidiaries as either incentive or nonqualified stock options as determined by the company 2019s board of directors . up to 1400000 shares of common stock may be awarded under the 2000 plan and are exercisable at such times and subject to such terms as the board of directors may specify at the time of each stock option grant . options outstanding under the 2000 plan generally vested 4 years from the date of grant . the company has a nonqualified stock option plan for non-employee directors ( the directors 2019 plan ) . the directors 2019 plan , as amended , was adopted in july 1989 and provides for grants of options to purchase shares of the company 2019s common stock to non-employee directors of the company . up to 400000 shares of common stock may be awarded under the directors 2019 plan . options outstanding under the directors 2019 plan have vesting periods of 1 to 5 years from the date of grant . notes to consolidated financial statements ( continued ) march 31 , 2003 page 25 . Question: what is the minimum future lease payments due in 2004? Answer: 781.0 Question: what is the value for those due in 2005? Answer: 776.0 Question: what is the sum? Answer: 1557.0 Question: what is the total future minimum lease payments? Answer: 5354.0 Question: what is the sum over the total future minimum lease payments?
0.29081
Read the following texts and table with financial data from an S&P 500 earnings report 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 , 2015 , excluding premiums and discounts , are as follows ( millions ) : . <table class='wikitable'><tr><td>1</td><td>2016</td><td>$ 976</td></tr><tr><td>2</td><td>2017</td><td>2014</td></tr><tr><td>3</td><td>2018</td><td>875</td></tr><tr><td>4</td><td>2019</td><td>1100</td></tr><tr><td>5</td><td>2020</td><td>414</td></tr><tr><td>6</td><td>thereafter</td><td>9763</td></tr><tr><td>7</td><td>total</td><td>$ 13128</td></tr></table> credit lines devon has a $ 3.0 billion senior credit facility . the maturity date for $ 30 million of the senior credit facility is october 24 , 2017 . the maturity date for $ 164 million of the senior credit facility is october 24 , 2018 . the maturity date for the remaining $ 2.8 billion is october 24 , 2019 . 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 , 2015 , 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% ( 65 % ) . the credit agreement contains definitions of total funded debt and total capitalization that include adjustments to the respective amounts reported in the accompanying consolidated 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 , 2015 , devon was in compliance with this covenant with a debt-to- capitalization ratio of 23.7% ( 23.7 % ) . commercial paper devon 2019s senior credit facility supports its $ 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 , 2015 , devon 2019s outstanding commercial paper borrowings had a weighted-average borrowing rate of 0.63% ( 0.63 % ) . issuance of senior notes in june 2015 , devon issued $ 750 million of 5.0% ( 5.0 % ) senior notes due 2045 that are unsecured and unsubordinated obligations . devon used the net proceeds to repay the floating rate senior notes that matured on december 15 , 2015 , as well as outstanding commercial paper balances . in december 2015 , in conjunction with the announcement of the powder river basin and stack acquisitions , devon issued $ 850 million of 5.85% ( 5.85 % ) senior notes due 2025 that are unsecured and unsubordinated obligations . devon used the net proceeds to fund the cash portion of these acquisitions. . Question: as of 2015, what was the amount of the notes issued maturing in 2045? Answer: 850.0 Question: and what was it for the ones maturing in 2025? Answer: 750.0 Question: how much, then, did the 2045 amount represent in relation to this 2025 one? Answer: 1.13333 Question: and concerning the debt maturities, what was their maximum value between the year of 2018 to 2020? Answer: 1100.0 Question: and what was their minimum one?
414.0
Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
included in selling , general and administrative expense was rent expense of $ 83.0 million , $ 59.0 million and $ 41.8 million for the years ended december 31 , 2015 , 2014 and 2013 , respectively , under non-cancelable operating lease agreements . included in these amounts was contingent rent expense of $ 11.0 million , $ 11.0 million and $ 7.8 million for the years ended december 31 , 2015 , 2014 and 2013 , respectively . sports marketing and other commitments within the normal course of business , the company enters into contractual commitments in order to promote the company 2019s brand and products . these commitments include sponsorship agreements with teams and athletes on the collegiate and professional levels , official supplier agreements , athletic event sponsorships and other marketing commitments . the following is a schedule of the company 2019s future minimum payments under its sponsorship and other marketing agreements as of december 31 , 2015 , as well as significant sponsorship and other marketing agreements entered into during the period after december 31 , 2015 through the date of this report : ( in thousands ) . <table class='wikitable'><tr><td>1</td><td>2016</td><td>$ 126488</td></tr><tr><td>2</td><td>2017</td><td>138607</td></tr><tr><td>3</td><td>2018</td><td>137591</td></tr><tr><td>4</td><td>2019</td><td>98486</td></tr><tr><td>5</td><td>2020</td><td>67997</td></tr><tr><td>6</td><td>2021 and thereafter</td><td>289374</td></tr><tr><td>7</td><td>total future minimum sponsorship and other payments</td><td>$ 858543</td></tr></table> the amounts listed above are the minimum compensation obligations and guaranteed royalty fees required to be paid under the company 2019s sponsorship and other marketing agreements . the amounts listed above do not include additional performance incentives and product supply obligations provided under certain agreements . it is not possible to determine how much the company will spend on product supply obligations on an annual basis as contracts generally do not stipulate specific cash amounts to be spent on products . the amount of product provided to the sponsorships depends on many factors including general playing conditions , the number of sporting events in which they participate and the company 2019s decisions regarding product and marketing initiatives . in addition , the costs to design , develop , source and purchase the products furnished to the endorsers are incurred over a period of time and are not necessarily tracked separately from similar costs incurred for products sold to customers . in connection with various contracts and agreements , the company has agreed to indemnify counterparties against certain third party claims relating to the infringement of intellectual property rights and other items . generally , such indemnification obligations do not apply in situations in which the counterparties are grossly negligent , engage in willful misconduct , or act in bad faith . based on the company 2019s historical experience and the estimated probability of future loss , the company has determined that the fair value of such indemnifications is not material to its consolidated financial position or results of operations . from time to time , the company is involved in litigation and other proceedings , including matters related to commercial and intellectual property disputes , as well as trade , regulatory and other claims related to its business . the company believes that all current proceedings are routine in nature and incidental to the conduct of its business , and that the ultimate resolution of any such proceedings will not have a material adverse effect on its consolidated financial position , results of operations or cash flows . following the company 2019s announcement of the creation of a new class of common stock , referred to as the class c common stock , par value $ 0.0003 1/3 per share , four purported class action lawsuits were brought . Question: as of december 31, 2015, what was the amount of the future minimum payments due in 2016?
126488.0
Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
stock performance graph the following graph provides a comparison of five year cumulative total stockholder returns of teleflex common stock , the standard a0& poor 2019s ( s&p ) 500 stock index and the s&p 500 healthcare equipment & supply index . the annual changes for the five-year period shown on the graph are based on the assumption that $ 100 had been invested in teleflex common stock and each index on december a031 , 2012 and that all dividends were reinvested . market performance . <table class='wikitable'><tr><td>1</td><td>company / index</td><td>2012</td><td>2013</td><td>2014</td><td>2015</td><td>2016</td><td>2017</td></tr><tr><td>2</td><td>teleflex incorporated</td><td>100</td><td>134</td><td>166</td><td>192</td><td>237</td><td>368</td></tr><tr><td>3</td><td>s&p 500 index</td><td>100</td><td>132</td><td>151</td><td>153</td><td>171</td><td>208</td></tr><tr><td>4</td><td>s&p 500 healthcare equipment & supply index</td><td>100</td><td>128</td><td>161</td><td>171</td><td>181</td><td>238</td></tr></table> s&p 500 healthcare equipment & supply index 100 128 161 171 181 238 . Question: what was the price of teleflex in 2017?
368.0
Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
stock performance graph * $ 100 invested on 11/17/11 in our stock or 10/31/11 in the relevant index , including reinvestment of dividends . fiscal year ending december 31 , 2014 . ( 1 ) delphi automotive plc ( 2 ) s&p 500 2013 standard & poor 2019s 500 total return index ( 3 ) automotive supplier peer group 2013 russell 3000 auto parts index , including american axle & manufacturing , borgwarner inc. , cooper tire & rubber company , dana holding corp. , delphi automotive plc , dorman products inc. , federal-mogul corp. , ford motor co. , fuel systems solutions inc. , general motors co. , gentex corp. , gentherm inc. , genuine parts co. , johnson controls inc. , lkq corp. , lear corp. , meritor inc. , remy international inc. , standard motor products inc. , stoneridge inc. , superior industries international , trw automotive holdings corp. , tenneco inc. , tesla motors inc. , the goodyear tire & rubber co. , tower international inc. , visteon corp. , and wabco holdings inc . company index november 17 , december 31 , december 31 , december 31 , december 31 . <table class='wikitable'><tr><td>1</td><td>company index</td><td>november 17 2011</td><td>december 31 2011</td><td>december 31 2012</td><td>december 31 2013</td><td>december 31 2014</td></tr><tr><td>2</td><td>delphi automotive plc ( 1 )</td><td>$ 100.00</td><td>$ 100.98</td><td>$ 179.33</td><td>$ 285.81</td><td>$ 350.82</td></tr><tr><td>3</td><td>s&p 500 ( 2 )</td><td>100.00</td><td>100.80</td><td>116.93</td><td>154.80</td><td>175.99</td></tr><tr><td>4</td><td>automotive supplier peer group ( 3 )</td><td>100.00</td><td>89.27</td><td>110.41</td><td>166.46</td><td>178.05</td></tr></table> dividends on february 26 , 2013 , the board of directors approved the initiation of dividend payments on the company's ordinary shares . the board of directors declared a regular quarterly cash dividend of $ 0.17 per ordinary share that was paid in each quarter of 2013 . in january 2014 , the board of directors increased the quarterly dividend rate to $ 0.25 per ordinary share , which was paid in each quarter of 2014 . in addition , in january 2015 , the board of directors declared a regular quarterly cash dividend of $ 0.25 per ordinary share , payable on february 27 , 2015 to shareholders of record at the close of business on february 18 , 2015. . Question: what is the net change in value of delphi automotive plc from 2011 to 2014? Answer: 250.82 Question: what is that divided by 100?
2.5082
Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
corporate/other corporate/other includes global staff functions ( includes finance , risk , human resources , legal and compliance ) and other corporate expense , global operations and technology ( o&t ) , residual corporate treasury and corporate items . at december 31 , 2009 , this segment had approximately $ 230 billion of assets , consisting primarily of the company 2019s liquidity portfolio , including $ 110 billion of cash and cash equivalents. . <table class='wikitable'><tr><td>1</td><td>in millions of dollars</td><td>2009</td><td>2008</td><td>2007</td></tr><tr><td>2</td><td>net interest revenue</td><td>$ -1663 ( 1663 )</td><td>$ -2680 ( 2680 )</td><td>$ -2008 ( 2008 )</td></tr><tr><td>3</td><td>non-interest revenue</td><td>-8893 ( 8893 )</td><td>422</td><td>-302 ( 302 )</td></tr><tr><td>4</td><td>total revenues net of interest expense</td><td>$ -10556 ( 10556 )</td><td>$ -2258 ( 2258 )</td><td>$ -2310 ( 2310 )</td></tr><tr><td>5</td><td>total operating expenses</td><td>$ 1420</td><td>$ 510</td><td>$ 1813</td></tr><tr><td>6</td><td>provisions for loan losses and for benefits and claims</td><td>-1 ( 1 )</td><td>1</td><td>-3 ( 3 )</td></tr><tr><td>7</td><td>( loss ) from continuing operations before taxes</td><td>$ -11975 ( 11975 )</td><td>$ -2769 ( 2769 )</td><td>$ -4120 ( 4120 )</td></tr><tr><td>8</td><td>income taxes ( benefits )</td><td>-4369 ( 4369 )</td><td>-587 ( 587 )</td><td>-1446 ( 1446 )</td></tr><tr><td>9</td><td>( loss ) from continuing operations</td><td>$ -7606 ( 7606 )</td><td>$ -2182 ( 2182 )</td><td>$ -2674 ( 2674 )</td></tr><tr><td>10</td><td>income ( loss ) from discontinued operations net of taxes</td><td>-445 ( 445 )</td><td>4002</td><td>708</td></tr><tr><td>11</td><td>net income ( loss ) before attribution of noncontrolling interests</td><td>$ -8051 ( 8051 )</td><td>$ 1820</td><td>$ -1966 ( 1966 )</td></tr><tr><td>12</td><td>net income attributable to noncontrolling interests</td><td>2014</td><td>2014</td><td>2</td></tr><tr><td>13</td><td>net income ( loss )</td><td>$ -8051 ( 8051 )</td><td>$ 1820</td><td>$ -1968 ( 1968 )</td></tr></table> 2009 vs . 2008 revenues , net of interest expense declined , primarily due to the pretax loss on debt extinguishment related to the repayment of the $ 20 billion of tarp trust preferred securities and the pretax loss in connection with the exit from the loss-sharing agreement with the u.s . government . revenues also declined , due to the absence of the 2008 sale of citigroup global services limited recorded in o&t . this was partially offset by a pretax gain related to the exchange offers , revenues and higher intersegment eliminations . operating expenses increased , primarily due to intersegment eliminations and increases in compensation , partially offset by lower repositioning reserves . 2008 vs . 2007 revenues , net of interest expense increased primarily due to the gain in 2007 on the sale of certain corporate-owned assets and higher intersegment eliminations , partially offset by improved treasury hedging activities . operating expenses declined , primarily due to lower restructuring charges in 2008 as well as reductions in incentive compensation and benefits expense. . Question: what was the difference in total operating expenses between 2008 and 2009?
910.0
Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
notes to consolidated financial statements 2014 ( continued ) a reconciliation of the beginning and ending amount of gross unrecognized tax benefits is as follows ( in thousands ) : . <table class='wikitable'><tr><td>1</td><td>balance at september 29 2007</td><td>$ 7315</td></tr><tr><td>2</td><td>increases based on positions related to prior years</td><td>351</td></tr><tr><td>3</td><td>increases based on positions related to current year</td><td>813</td></tr><tr><td>4</td><td>decreases relating to lapses of applicable statutes of limitations</td><td>-605 ( 605 )</td></tr><tr><td>5</td><td>balance at october 3 2008</td><td>$ 7874</td></tr></table> the company 2019s major tax jurisdictions as of october 3 , 2008 for fin 48 are the u.s. , california , and iowa . for the u.s. , the company has open tax years dating back to fiscal year 1998 due to the carryforward of tax attributes . for california , the company has open tax years dating back to fiscal year 2002 due to the carryforward of tax attributes . for iowa , the company has open tax years dating back to fiscal year 2002 due to the carryforward of tax attributes . during the year ended october 3 , 2008 , the statute of limitations period expired relating to an unrecognized tax benefit . the expiration of the statute of limitations period resulted in the recognition of $ 0.6 million of previously unrecognized tax benefit , which impacted the effective tax rate , and $ 0.5 million of accrued interest related to this tax position was reversed during the year . including this reversal , total year-to-date accrued interest related to the company 2019s unrecognized tax benefits was a benefit of $ 0.4 million . 10 . stockholders 2019 equity common stock the company is authorized to issue ( 1 ) 525000000 shares of common stock , par value $ 0.25 per share , and ( 2 ) 25000000 shares of preferred stock , without par value . holders of the company 2019s common stock are entitled to such dividends as may be declared by the company 2019s board of directors out of funds legally available for such purpose . dividends may not be paid on common stock unless all accrued dividends on preferred stock , if any , have been paid or declared and set aside . in the event of the company 2019s liquidation , dissolution or winding up , the holders of common stock will be entitled to share pro rata in the assets remaining after payment to creditors and after payment of the liquidation preference plus any unpaid dividends to holders of any outstanding preferred stock . each holder of the company 2019s common stock is entitled to one vote for each such share outstanding in the holder 2019s name . no holder of common stock is entitled to cumulate votes in voting for directors . the company 2019s second amended and restated certificate of incorporation provides that , unless otherwise determined by the company 2019s board of directors , no holder of common stock has any preemptive right to purchase or subscribe for any stock of any class which the company may issue or sell . in march 2007 , the company repurchased approximately 4.3 million of its common shares for $ 30.1 million as authorized by the company 2019s board of directors . the company has no publicly disclosed stock repurchase plans . at october 3 , 2008 , the company had 170322804 shares of common stock issued and 165591830 shares outstanding . preferred stock the company 2019s second amended and restated certificate of incorporation permits the company to issue up to 25000000 shares of preferred stock in one or more series and with rights and preferences that may be fixed or designated by the company 2019s board of directors without any further action by the company 2019s stockholders . the designation , powers , preferences , rights and qualifications , limitations and restrictions of the preferred stock of each skyworks solutions , inc . 2008 annual report %%transmsg*** transmitting job : a51732 pcn : 099000000 ***%%pcmsg|103 |00005|yes|no|03/26/2009 13:34|0|0|page is valid , no graphics -- color : d| . Question: in march 2007, what was the total amount spent in the repurchase of common shares?
30.1
Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
notes to consolidated financial statements ( continued ) 17 . pension plans and postretirement health care and life insurance benefit plans ( continued ) benefit payments the following table sets forth amounts of benefits expected to be paid over the next ten years from the company 2019s pension and postretirement plans as of december 31 , 2004: . <table class='wikitable'><tr><td>1</td><td>-</td><td>pension benefits</td><td>other postretirement benefits</td></tr><tr><td>2</td><td>2005</td><td>$ 125</td><td>$ 30</td></tr><tr><td>3</td><td>2006</td><td>132</td><td>31</td></tr><tr><td>4</td><td>2007</td><td>143</td><td>31</td></tr><tr><td>5</td><td>2008</td><td>154</td><td>33</td></tr><tr><td>6</td><td>2009</td><td>166</td><td>34</td></tr><tr><td>7</td><td>2010-2014</td><td>1052</td><td>193</td></tr><tr><td>8</td><td>total</td><td>$ 1772</td><td>$ 352</td></tr></table> 18 . stock compensation plans on may 18 , 2000 , the shareholders of the hartford approved the hartford incentive stock plan ( the 201c2000 plan 201d ) , which replaced the hartford 1995 incentive stock plan ( the 201c1995 plan 201d ) . the terms of the 2000 plan were substantially similar to the terms of the 1995 plan except that the 1995 plan had an annual award limit and a higher maximum award limit . under the 2000 plan , awards may be granted in the form of non-qualified or incentive stock options qualifying under section 422a of the internal revenue code , performance shares or restricted stock , or any combination of the foregoing . in addition , stock appreciation rights may be granted in connection with all or part of any stock options granted under the 2000 plan . in december 2004 , the 2000 plan was amended to allow for grants of restricted stock units effective as of january 1 , 2005 . the aggregate number of shares of stock , which may be awarded , is subject to a maximum limit of 17211837 shares applicable to all awards for the ten-year duration of the 2000 plan . all options granted have an exercise price equal to the market price of the company 2019s common stock on the date of grant , and an option 2019s maximum term is ten years and two days . certain options become exercisable over a three year period commencing one year from the date of grant , while certain other options become exercisable upon the attainment of specified market price appreciation of the company 2019s common shares . for any year , no individual employee may receive an award of options for more than 1000000 shares . as of december 31 , 2004 , the hartford had not issued any incentive stock options under the 2000 plan . performance awards of common stock granted under the 2000 plan become payable upon the attainment of specific performance goals achieved over a period of not less than one nor more than five years , and the restricted stock granted is subject to a restriction period . on a cumulative basis , no more than 20% ( 20 % ) of the aggregate number of shares which may be awarded under the 2000 plan are available for performance shares and restricted stock awards . also , the maximum award of performance shares for any individual employee in any year is 200000 shares . in 2004 , 2003 and 2002 , the company granted shares of common stock of 315452 , 333712 and 40852 with weighted average prices of $ 64.93 , $ 38.13 and $ 62.28 , respectively , related to performance share and restricted stock awards . in 1996 , the company established the hartford employee stock purchase plan ( 201cespp 201d ) . under this plan , eligible employees of the hartford may purchase common stock of the company at a 15% ( 15 % ) discount from the lower of the closing market price at the beginning or end of the quarterly offering period . the company may sell up to 5400000 shares of stock to eligible employees under the espp . in 2004 , 2003 and 2002 , 345262 , 443467 and 408304 shares were sold , respectively . the per share weighted average fair value of the discount under the espp was $ 9.31 , $ 11.96 , and $ 11.70 in 2004 , 2003 and 2002 , respectively . additionally , during 1997 , the hartford established employee stock purchase plans for certain employees of the company 2019s international subsidiaries . under these plans , participants may purchase common stock of the hartford at a fixed price at the end of a three-year period . the activity under these programs is not material. . Question: what is the total sum of the total pension benefits and other post retirement benefits? Answer: 2124.0 Question: what is the value of total pension benefits by this total sum?
0.83427
Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
included in other non-current liabilities , because the company believes that the ultimate payment or settlement of these liabilities will not occur within the next twelve months . prior to the adoption of these provisions , these amounts were included in current income tax payable . the company includes interest and penalties related to unrecognized tax benefits within the provision for taxes in the condensed consolidated statements of income , and as a result , no change in classification was made upon adopting these provisions . the condensed consolidated statements of income for fiscal year 2009 and fiscal year 2008 include $ 1.7 million and $ 1.3 million , respectively , of interest and penalties related to these uncertain tax positions . due to the complexity associated with its tax uncertainties , the company cannot make a reasonably reliable estimate as to the period in which it expects to settle the liabilities associated with these uncertain tax positions . the following table summarizes the changes in the total amounts of uncertain tax positions for fiscal 2008 and fiscal 2009. . <table class='wikitable'><tr><td>1</td><td>balance november 3 2007</td><td>$ 9889</td></tr><tr><td>2</td><td>additions for tax positions of current year</td><td>3861</td></tr><tr><td>3</td><td>balance november 1 2008</td><td>13750</td></tr><tr><td>4</td><td>additions for tax positions of current year</td><td>4411</td></tr><tr><td>5</td><td>balance october 31 2009</td><td>$ 18161</td></tr></table> fiscal year 2004 and 2005 irs examination during the fourth quarter of fiscal 2007 , the irs completed its field examination of the company 2019s fiscal years 2004 and 2005 . on january 2 , 2008 , the irs issued its report for fiscal 2004 and 2005 , which included proposed adjustments related to these two fiscal years . the company has recorded taxes and penalties related to certain of these proposed adjustments . there are four items with an additional potential total tax liability of $ 46 million . the company has concluded , based on discussions with its tax advisors , that these four items are not likely to result in any additional tax liability . therefore , the company has not recorded any additional tax liability for these items and is appealing these proposed adjustments through the normal processes for the resolution of differences between the irs and taxpayers . the company 2019s initial meetings with the appellate division of the irs were held during fiscal year 2009 . two of the unresolved matters are one-time issues and pertain to section 965 of the internal revenue code related to the beneficial tax treatment of dividends from foreign owned companies under the american jobs creation act . the other matters pertain to the computation of research and development ( r&d ) tax credits and the profits earned from manufacturing activities carried on outside the united states . these latter two matters could impact taxes payable for fiscal 2004 and 2005 as well as for subsequent years . fiscal year 2006 and 2007 irs examination during the third quarter of fiscal 2009 , the irs completed its field examination of the company 2019s fiscal years 2006 and 2007 . the irs and the company have agreed on the treatment of a number of issues that have been included in an issue resolutions agreement related to the 2006 and 2007 tax returns . however , no agreement was reached on the tax treatment of a number of issues , including the same r&d credit and foreign manufacturing issues mentioned above related to fiscal 2004 and 2005 , the pricing of intercompany sales ( transfer pricing ) , and the deductibility of certain stock option compensation expenses . during the third quarter of fiscal 2009 , the irs issued its report for fiscal 2006 and fiscal 2007 , which included proposed adjustments related to these two fiscal years . the company has recorded taxes and penalties related to certain of these proposed adjustments . there are four items with an additional potential total tax liability of $ 195 million . the company concluded , based on discussions with its tax advisors , that these four items are not likely to result in any additional tax liability . therefore , the company has not recorded any additional tax liability for these items and is appealing these proposed adjustments through the normal processes for the resolution of differences between the irs and taxpayers . with the exception of the analog devices , inc . notes to consolidated financial statements 2014 ( continued ) . Question: what was the net change in the value of the balance from 2007 to 2009? Answer: 8272.0 Question: what was the 2009 value? Answer: 9889.0 Question: what is the percent change?
0.83648
Read the following texts and table with financial data from an S&P 500 earnings report 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 2014 ( continued ) the following methods and assumptions were used to estimate the fair values in the tables above . fixed-income securities 2014 devon 2019s fixed-income securities consist of u.s . treasury obligations , bonds issued by investment-grade companies from diverse industries , and asset-backed securities . these fixed-income securities are actively traded securities that can be redeemed upon demand . the fair values of these level 1 securities are based upon quoted market prices . devon 2019s fixed income securities also include commingled funds that primarily invest in long-term bonds and u.s . treasury securities . these fixed income securities can be redeemed on demand but are not actively traded . the fair values of these level 2 securities are based upon the net asset values provided by the investment managers . equity securities 2014 devon 2019s equity securities include a commingled global equity fund that invests in large , mid and small capitalization stocks across the world 2019s developed and emerging markets . these equity securities can be redeemed on demand but are not actively traded . the fair values of these level 2 securities are based upon the net asset values provided by the investment managers . at december 31 , 2010 , devon 2019s equity securities consisted of investments in u.s . large and small capitalization companies and international large capitalization companies . these equity securities were actively traded securities that could be redeemed upon demand . the fair values of these level 1 securities are based upon quoted market prices . at december 31 , 2010 , devon 2019s equity securities also included a commingled fund that invested in large capitalization companies . these equity securities could be redeemed on demand but were not actively traded . the fair values of these level 2 securities are based upon the net asset values provided by the investment managers . other securities 2014 devon 2019s other securities include commingled , short-term investment funds . these securities can be redeemed on demand but are not actively traded . the fair values of these level 2 securities are based upon the net asset values provided by investment managers . devon 2019s hedge fund and alternative investments include an investment in an actively traded global mutual fund that focuses on alternative investment strategies and a hedge fund of funds that invests both long and short using a variety of investment strategies . devon 2019s hedge fund of funds is not actively traded and devon is subject to redemption restrictions with regards to this investment . the fair value of this level 3 investment represents the fair value as determined by the hedge fund manager . included below is a summary of the changes in devon 2019s level 3 plan assets ( in millions ) . . <table class='wikitable'><tr><td>1</td><td>december 31 2009</td><td>$ 51</td></tr><tr><td>2</td><td>purchases</td><td>3</td></tr><tr><td>3</td><td>investment returns</td><td>4</td></tr><tr><td>4</td><td>december 31 2010</td><td>58</td></tr><tr><td>5</td><td>purchases</td><td>33</td></tr><tr><td>6</td><td>investment returns</td><td>-1 ( 1 )</td></tr><tr><td>7</td><td>december 31 2011</td><td>$ 90</td></tr></table> . Question: what was the value of devon 2019s level 3 plan assets at the end of 2011?
90.0
Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
sources and uses of cash ( in millions ) in summary , our cash flows for each period were as follows : years ended ( in millions ) dec 29 , dec 30 , dec 31 . <table class='wikitable'><tr><td>1</td><td>years ended ( in millions )</td><td>dec 292018</td><td>dec 302017</td><td>dec 312016</td></tr><tr><td>2</td><td>net cash provided by operating activities</td><td>$ 29432</td><td>$ 22110</td><td>$ 21808</td></tr><tr><td>3</td><td>net cash used for investing activities</td><td>-11239 ( 11239 )</td><td>-15762 ( 15762 )</td><td>-25817 ( 25817 )</td></tr><tr><td>4</td><td>net cash provided by ( used for ) financing activities</td><td>-18607 ( 18607 )</td><td>-8475 ( 8475 )</td><td>-5739 ( 5739 )</td></tr><tr><td>5</td><td>net increase ( decrease ) in cash and cash equivalents</td><td>$ -414 ( 414 )</td><td>$ -2127 ( 2127 )</td><td>$ -9748 ( 9748 )</td></tr></table> md&a consolidated results and analysis 40 . Question: what was the value of cash provided by operating activities in 2018? Answer: 29432.0 Question: what was the value in 2017? Answer: 22110.0 Question: what is the net change in value? Answer: 7322.0 Question: what was the 2017 value?
22110.0
Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
westrock company notes to consolidated financial statements 2014 ( continued ) consistent with prior years , we consider a portion of our earnings from certain foreign subsidiaries as subject to repatriation and we provide for taxes accordingly . however , we consider the unremitted earnings and all other outside basis differences from all other foreign subsidiaries to be indefinitely reinvested . accordingly , we have not provided for any taxes that would be due . as of september 30 , 2019 , we estimate our outside basis difference in foreign subsidiaries that are considered indefinitely reinvested to be approximately $ 1.6 billion . the components of the outside basis difference are comprised of purchase accounting adjustments , undistributed earnings , and equity components . except for the portion of our earnings from certain foreign subsidiaries where we provided for taxes , we have not provided for any taxes that would be due upon the reversal of the outside basis differences . however , in the event of a distribution in the form of dividends or dispositions of the subsidiaries , we may be subject to incremental u.s . income taxes , subject to an adjustment for foreign tax credits , and withholding taxes or income taxes payable to the foreign jurisdictions . as of september 30 , 2019 , the determination of the amount of unrecognized deferred tax liability related to any remaining undistributed foreign earnings not subject to the transition tax and additional outside basis differences is not practicable . a reconciliation of the beginning and ending amount of gross unrecognized tax benefits is as follows ( in millions ) : . <table class='wikitable'><tr><td>1</td><td>-</td><td>2019</td><td>2018</td><td>2017</td></tr><tr><td>2</td><td>balance at beginning of fiscal year</td><td>$ 127.1</td><td>$ 148.9</td><td>$ 166.8</td></tr><tr><td>3</td><td>additions related to purchase accounting ( 1 )</td><td>1.0</td><td>3.4</td><td>7.7</td></tr><tr><td>4</td><td>additions for tax positions taken in current year ( 2 )</td><td>103.8</td><td>3.1</td><td>5.0</td></tr><tr><td>5</td><td>additions for tax positions taken in prior fiscal years</td><td>1.8</td><td>18.0</td><td>15.2</td></tr><tr><td>6</td><td>reductions for tax positions taken in prior fiscal years</td><td>( 0.5 )</td><td>( 5.3 )</td><td>( 25.6 )</td></tr><tr><td>7</td><td>reductions due to settlement ( 3 )</td><td>( 4.0 )</td><td>( 29.4 )</td><td>( 14.1 )</td></tr><tr><td>8</td><td>( reductions ) additions for currency translation adjustments</td><td>-1.7 ( 1.7 )</td><td>-9.6 ( 9.6 )</td><td>2.0</td></tr><tr><td>9</td><td>reductions as a result of a lapse of the applicable statute oflimitations</td><td>( 3.2 )</td><td>( 2.0 )</td><td>( 8.1 )</td></tr><tr><td>10</td><td>balance at end of fiscal year</td><td>$ 224.3</td><td>$ 127.1</td><td>$ 148.9</td></tr></table> ( 1 ) amounts in fiscal 2019 relate to the kapstone acquisition . amounts in fiscal 2018 and 2017 relate to the mps acquisition . ( 2 ) additions for tax positions taken in current fiscal year includes primarily positions taken related to foreign subsidiaries . ( 3 ) amounts in fiscal 2019 relate to the settlements of state and foreign audit examinations . amounts in fiscal 2018 relate to the settlement of state audit examinations and federal and state amended returns filed related to affirmative adjustments for which there was a reserve . amounts in fiscal 2017 relate to the settlement of federal and state audit examinations with taxing authorities . as of september 30 , 2019 and 2018 , the total amount of unrecognized tax benefits was approximately $ 224.3 million and $ 127.1 million , respectively , exclusive of interest and penalties . of these balances , as of september 30 , 2019 and 2018 , if we were to prevail on all unrecognized tax benefits recorded , approximately $ 207.5 million and $ 108.7 million , respectively , would benefit the effective tax rate . we regularly evaluate , assess and adjust the related liabilities in light of changing facts and circumstances , which could cause the effective tax rate to fluctuate from period to period . resolution of the uncertain tax positions could have a material adverse effect on our cash flows or materially benefit our results of operations in future periods depending upon their ultimate resolution . see 201cnote 18 . commitments and contingencies 2014 brazil tax liability 201d we recognize estimated interest and penalties related to unrecognized tax benefits in income tax expense in the consolidated statements of income . as of september 30 , 2019 , we had liabilities of $ 80.0 million related to estimated interest and penalties for unrecognized tax benefits . as of september 30 , 2018 , we had liabilities of $ 70.4 million , related to estimated interest and penalties for unrecognized tax benefits . our results of operations for the fiscal year ended september 30 , 2019 , 2018 and 2017 include expense of $ 9.7 million , $ 5.8 million and $ 7.4 million , respectively , net of indirect benefits , related to estimated interest and penalties with respect to the liability for unrecognized tax benefits . as of september 30 , 2019 , it is reasonably possible that our unrecognized tax benefits will decrease by up to $ 8.7 million in the next twelve months due to expiration of various statues of limitations and settlement of issues. . Question: what was the value of gross unrecognized tax benefits at the end of 2018?
127.1
Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
part a0ii item a05 . market for registrant 2019s common equity , related stockholder matters and issuer purchases of equity securities our common stock is listed on the new york stock exchange under the symbol 201ctfx . 201d as of february 19 , 2019 , we had 473 holders of record of our common stock . a substantially greater number of holders of our common stock are beneficial owners whose shares are held by brokers and other financial institutions for the accounts of beneficial owners . stock performance graph the following graph provides a comparison of five year cumulative total stockholder returns of teleflex common stock , the standard a0& poor 2019s ( s&p ) 500 stock index and the s&p 500 healthcare equipment & supply index . the annual changes for the five-year period shown on the graph are based on the assumption that $ 100 had been invested in teleflex common stock and each index on december a031 , 2013 and that all dividends were reinvested . market performance . <table class='wikitable'><tr><td>1</td><td>company / index</td><td>2013</td><td>2014</td><td>2015</td><td>2016</td><td>2017</td><td>2018</td></tr><tr><td>2</td><td>teleflex incorporated</td><td>100</td><td>124</td><td>143</td><td>177</td><td>275</td><td>288</td></tr><tr><td>3</td><td>s&p 500 index</td><td>100</td><td>114</td><td>115</td><td>129</td><td>157</td><td>150</td></tr><tr><td>4</td><td>s&p 500 healthcare equipment & supply index</td><td>100</td><td>126</td><td>134</td><td>142</td><td>186</td><td>213</td></tr></table> s&p 500 healthcare equipment & supply index 100 126 134 142 186 213 . Question: what was the performance price of the teleflex in 2014? Answer: 124.0 Question: and what was it in 2013? Answer: 100.0 Question: what was, then, the fluctuation over the year? Answer: 24.0 Question: and how much does this fluctuation represent in relation to the 2013 price? Answer: 0.24 Question: and throughout the subsequent year of this period, what was that fluctuation in the price?
19.0
Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
12 . brokerage receivables and brokerage payables citi has receivables and payables for financial instruments sold to and purchased from brokers , dealers and customers , which arise in the ordinary course of business . citi is exposed to risk of loss from the inability of brokers , dealers or customers to pay for purchases or to deliver the financial instruments sold , in which case citi would have to sell or purchase the financial instruments at prevailing market prices . credit risk is reduced to the extent that an exchange or clearing organization acts as a counterparty to the transaction and replaces the broker , dealer or customer in question . citi seeks to protect itself from the risks associated with customer activities by requiring customers to maintain margin collateral in compliance with regulatory and internal guidelines . margin levels are monitored daily , and customers deposit additional collateral as required . where customers cannot meet collateral requirements , citi may liquidate sufficient underlying financial instruments to bring the customer into compliance with the required margin level . exposure to credit risk is impacted by market volatility , which may impair the ability of clients to satisfy their obligations to citi . credit limits are established and closely monitored for customers and for brokers and dealers engaged in forwards , futures and other transactions deemed to be credit sensitive . brokerage receivables and brokerage payables consisted of the following: . <table class='wikitable'><tr><td>1</td><td>in millions of dollars</td><td>december 31 , 2016</td><td>december 31 , 2015</td></tr><tr><td>2</td><td>receivables from customers</td><td>$ 10374</td><td>$ 10435</td></tr><tr><td>3</td><td>receivables from brokers dealers and clearing organizations</td><td>18513</td><td>17248</td></tr><tr><td>4</td><td>total brokerage receivables ( 1 )</td><td>$ 28887</td><td>$ 27683</td></tr><tr><td>5</td><td>payables to customers</td><td>$ 37237</td><td>$ 35653</td></tr><tr><td>6</td><td>payables to brokers dealers and clearing organizations</td><td>19915</td><td>18069</td></tr><tr><td>7</td><td>total brokerage payables ( 1 )</td><td>$ 57152</td><td>$ 53722</td></tr></table> payables to brokers , dealers , and clearing organizations 19915 18069 total brokerage payables ( 1 ) $ 57152 $ 53722 ( 1 ) includes brokerage receivables and payables recorded by citi broker- dealer entities that are accounted for in accordance with the aicpa accounting guide for brokers and dealers in securities as codified in asc 940-320. . Question: what was the net change in value of total brokerage payable from 2015 to 2016? Answer: 3430.0 Question: what was the 2015 value? Answer: 53722.0 Question: what is the net change divided by that?
0.06385
Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
table of contents adobe inc . notes to consolidated financial statements ( continued ) certain states and foreign jurisdictions to fully utilize available tax credits and other attributes . the deferred tax assets are offset by a valuation allowance to the extent it is more likely than not that they are not expected to be realized . we provide u.s . income taxes on the earnings of foreign subsidiaries unless the subsidiaries 2019 earnings are considered permanently reinvested outside the united states or are exempted from taxation as a result of the new territorial tax system . to the extent that the foreign earnings previously treated as permanently reinvested are repatriated , the related u.s . tax liability may be reduced by any foreign income taxes paid on these earnings . as of november 30 , 2018 , the cumulative amount of earnings upon which u.s . income taxes have not been provided is approximately $ 275 million . the unrecognized deferred tax liability for these earnings is approximately $ 57.8 million . as of november 30 , 2018 , we have net operating loss carryforwards of approximately $ 881.1 million for federal and $ 349.7 million for state . we also have federal , state and foreign tax credit carryforwards of approximately $ 8.8 million , $ 189.9 million and $ 14.9 million , respectively . the net operating loss carryforward assets and tax credits will expire in various years from fiscal 2019 through 2036 . the state tax credit carryforwards and a portion of the federal net operating loss carryforwards can be carried forward indefinitely . the net operating loss carryforward assets and certain credits are reduced by the valuation allowance and are subject to an annual limitation under internal revenue code section 382 , the carrying amount of which are expected to be fully realized . as of november 30 , 2018 , a valuation allowance of $ 174.5 million has been established for certain deferred tax assets related to certain state and foreign assets . for fiscal 2018 , the total change in the valuation allowance was $ 80.9 million . accounting for uncertainty in income taxes during fiscal 2018 and 2017 , our aggregate changes in our total gross amount of unrecognized tax benefits are summarized as follows ( in thousands ) : . <table class='wikitable'><tr><td>1</td><td>-</td><td>2018</td><td>2017</td></tr><tr><td>2</td><td>beginning balance</td><td>$ 172945</td><td>$ 178413</td></tr><tr><td>3</td><td>gross increases in unrecognized tax benefits 2013 prior year tax positions</td><td>16191</td><td>3680</td></tr><tr><td>4</td><td>gross decreases in unrecognized tax benefits 2013 prior year tax positions</td><td>-4000 ( 4000 )</td><td>-30166 ( 30166 )</td></tr><tr><td>5</td><td>gross increases in unrecognized tax benefits 2013 current year tax positions</td><td>60721</td><td>24927</td></tr><tr><td>6</td><td>settlements with taxing authorities</td><td>2014</td><td>-3876 ( 3876 )</td></tr><tr><td>7</td><td>lapse of statute of limitations</td><td>-45922 ( 45922 )</td><td>-8819 ( 8819 )</td></tr><tr><td>8</td><td>foreign exchange gains and losses</td><td>-3783 ( 3783 )</td><td>8786</td></tr><tr><td>9</td><td>ending balance</td><td>$ 196152</td><td>$ 172945</td></tr></table> the combined amount of accrued interest and penalties related to tax positions taken on our tax returns were approximately $ 24.6 million and $ 23.6 million for fiscal 2018 and 2017 , respectively . these amounts were included in long-term income taxes payable in their respective years . we file income tax returns in the united states on a federal basis and in many u.s . state and foreign jurisdictions . we are subject to the continual examination of our income tax returns by the irs and other domestic and foreign tax authorities . our major tax jurisdictions are ireland , california and the united states . for ireland , california and the united states , the earliest fiscal years open for examination are 2008 , 2014 and 2015 , respectively . we regularly assess the likelihood of outcomes resulting from these examinations to determine the adequacy of our provision for income taxes and have reserved for potential adjustments that may result from these examinations . we believe such estimates to be reasonable ; however , there can be no assurance that the final determination of any of these examinations will not have an adverse effect on our operating results and financial position . the timing of the resolution of income tax examinations is highly uncertain as are the amounts and timing of tax payments that are part of any audit settlement process . these events could cause large fluctuations in the balance of short-term and long- term assets , liabilities and income taxes payable . we believe that within the next 12 months , it is reasonably possible that either certain audits will conclude or statutes of limitations on certain income tax examination periods will expire , or both . given the uncertainties described above , we can only determine a range of estimated potential effect in underlying unrecognized tax benefits ranging from $ 0 to approximately $ 45 million. . Question: what was the total gross amount of unrecognized tax benefits in 2018? Answer: 196152.0 Question: what was the value in 2017?
172945.0
Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
the income approach indicates value for an asset or liability based on the present value of cash flow projected to be generated over the remaining economic life of the asset or liability being measured . both the amount and the duration of the cash flows are considered from a market participant perspective . our estimates of market participant net cash flows considered historical and projected pricing , remaining developmental effort , operational performance including company- specific synergies , aftermarket retention , product life cycles , material and labor pricing , and other relevant customer , contractual and market factors . where appropriate , the net cash flows are adjusted to reflect the uncertainties associated with the underlying assumptions , as well as the risk profile of the net cash flows utilized in the valuation . the adjusted future cash flows are then discounted to present value using an appropriate discount rate . projected cash flow is discounted at a required rate of return that reflects the relative risk of achieving the cash flows and the time value of money . the market approach is a valuation technique that uses prices and other relevant information generated by market transactions involving identical or comparable assets , liabilities , or a group of assets and liabilities . valuation techniques consistent with the market approach often use market multiples derived from a set of comparables . the cost approach , which estimates value by determining the current cost of replacing an asset with another of equivalent economic utility , was used , as appropriate , for property , plant and equipment . the cost to replace a given asset reflects the estimated reproduction or replacement cost , less an allowance for loss in value due to depreciation . the purchase price allocation resulted in the recognition of $ 2.8 billion of goodwill , all of which is expected to be amortizable for tax purposes . substantially all of the goodwill was assigned to our rms business . the goodwill recognized is attributable to expected revenue synergies generated by the integration of our products and technologies with those of sikorsky , costs synergies resulting from the consolidation or elimination of certain functions , and intangible assets that do not qualify for separate recognition , such as the assembled workforce of sikorsky . determining the fair value of assets acquired and liabilities assumed requires the exercise of significant judgments , including the amount and timing of expected future cash flows , long-term growth rates and discount rates . the cash flows employed in the dcf analyses are based on our best estimate of future sales , earnings and cash flows after considering factors such as general market conditions , customer budgets , existing firm orders , expected future orders , contracts with suppliers , labor agreements , changes in working capital , long term business plans and recent operating performance . use of different estimates and judgments could yield different results . impact to 2015 financial results sikorsky 2019s 2015 financial results have been included in our consolidated financial results only for the period from the november 6 , 2015 acquisition date through december 31 , 2015 . as a result , our consolidated financial results for the year ended december 31 , 2015 do not reflect a full year of sikorsky 2019s results . from the november 6 , 2015 acquisition date through december 31 , 2015 , sikorsky generated net sales of approximately $ 400 million and operating loss of approximately $ 45 million , inclusive of intangible amortization and adjustments required to account for the acquisition . we incurred approximately $ 38 million of non-recoverable transaction costs associated with the sikorsky acquisition in 2015 that were expensed as incurred . these costs are included in other income , net on our consolidated statements of earnings . we also incurred approximately $ 48 million in costs associated with issuing the $ 7.0 billion november 2015 notes used to repay all outstanding borrowings under the 364-day facility used to finance the acquisition . the financing costs were recorded as a reduction of debt and will be amortized to interest expense over the term of the related debt . supplemental pro forma financial information ( unaudited ) the following table presents summarized unaudited pro forma financial information as if sikorsky had been included in our financial results for the entire years in 2015 and 2014 ( in millions ) : . <table class='wikitable'><tr><td>1</td><td>-</td><td>2015</td><td>2014</td></tr><tr><td>2</td><td>net sales</td><td>$ 45366</td><td>$ 47369</td></tr><tr><td>3</td><td>net earnings</td><td>3534</td><td>3475</td></tr><tr><td>4</td><td>basic earnings per common share</td><td>11.39</td><td>10.97</td></tr><tr><td>5</td><td>diluted earnings per common share</td><td>11.23</td><td>10.78</td></tr></table> the unaudited supplemental pro forma financial data above has been calculated after applying our accounting policies and adjusting the historical results of sikorsky with pro forma adjustments , net of tax , that assume the acquisition occurred on january 1 , 2014 . significant pro forma adjustments include the recognition of additional amortization expense related to acquired intangible assets and additional interest expense related to the short-term debt used to finance the acquisition . these . Question: what was the net sales in 2015? Answer: 45366.0 Question: and in 2014?
47369.0
Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
entergy louisiana , llc management's financial discussion and analysis 2007 compared to 2006 net revenue consists of operating revenues net of : 1 ) fuel , fuel-related expenses , and gas purchased for resale , 2 ) purchased power expenses , and 3 ) other regulatory charges ( credits ) . following is an analysis of the change in net revenue comparing 2007 to 2006 . amount ( in millions ) . <table class='wikitable'><tr><td>1</td><td>-</td><td>amount ( in millions )</td></tr><tr><td>2</td><td>2006 net revenue</td><td>$ 942.1</td></tr><tr><td>3</td><td>base revenues</td><td>78.4</td></tr><tr><td>4</td><td>volume/weather</td><td>37.5</td></tr><tr><td>5</td><td>transmission revenue</td><td>9.2</td></tr><tr><td>6</td><td>purchased power capacity</td><td>-80.0 ( 80.0 )</td></tr><tr><td>7</td><td>other</td><td>3.9</td></tr><tr><td>8</td><td>2007 net revenue</td><td>$ 991.1</td></tr></table> the base revenues variance is primarily due to increases effective september 2006 for the 2005 formula rate plan filing to recover lpsc-approved incremental deferred and ongoing capacity costs . see "state and local rate regulation" below and note 2 to the financial statements for a discussion of the formula rate plan filing . the volume/weather variance is due to increased electricity usage , including electricity sales during the unbilled service period . billed retail electricity usage increased a total of 666 gwh in all sectors compared to 2006 . see "critical accounting estimates" below and note 1 to the financial statements for further discussion of the accounting for unbilled revenues . the transmission revenue variance is primarily due to higher rates . the purchased power capacity variance is primarily due to higher purchased power capacity charges and the amortization of capacity charges effective september 2006 as a result of the formula rate plan filing in may 2006 . a portion of the purchased power capacity costs is offset in base revenues due to a base rate increase implemented to recover incremental deferred and ongoing purchased power capacity charges , as mentioned above . see "state and local rate regulation" below and note 2 to the financial statements for a discussion of the formula rate plan filing . gross operating revenues , fuel , purchased power expenses , and other regulatory charges ( credits ) gross operating revenues increased primarily due to : an increase of $ 143.1 million in fuel cost recovery revenues due to higher fuel rates and usage ; an increase of $ 78.4 million in base revenues , as discussed above ; and an increase of $ 37.5 million related to volume/weather , as discussed above . fuel and purchased power expenses increased primarily due to an increase in net area demand and an increase in deferred fuel expense as a result of higher fuel rates , as discussed above . other regulatory credits decreased primarily due to the deferral of capacity charges in 2006 in addition to the amortization of these capacity charges in 2007 as a result of the may 2006 formula rate plan filing ( for the 2005 test year ) with the lpsc to recover such costs through base rates effective september 2006 . see note 2 to the financial statements for a discussion of the formula rate plan and storm cost recovery filings with the lpsc. . Question: what was the 2007 net revenue? Answer: 991.1 Question: and for 2006? Answer: 942.1 Question: so what was the change during this time?
49.0
Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
2022 triggering our obligation to make payments under any financial guarantee , letter of credit or other credit support we have provided to or on behalf of such subsidiary ; 2022 causing us to record a loss in the event the lender forecloses on the assets ; and 2022 triggering defaults in our outstanding debt at the parent company . for example , our senior secured credit facility and outstanding debt securities at the parent company include events of default for certain bankruptcy related events involving material subsidiaries . in addition , our revolving credit agreement at the parent company includes events of default related to payment defaults and accelerations of outstanding debt of material subsidiaries . some of our subsidiaries are currently in default with respect to all or a portion of their outstanding indebtedness . the total non-recourse debt classified as current in the accompanying consolidated balance sheets amounts to $ 2.2 billion . the portion of current debt related to such defaults was $ 1 billion at december 31 , 2017 , all of which was non-recourse debt related to three subsidiaries 2014 alto maipo , aes puerto rico , and aes ilumina . see note 10 2014debt in item 8 . 2014financial statements and supplementary data of this form 10-k for additional detail . none of the subsidiaries that are currently in default are subsidiaries that met the applicable definition of materiality under aes' corporate debt agreements as of december 31 , 2017 in order for such defaults to trigger an event of default or permit acceleration under aes' indebtedness . however , as a result of additional dispositions of assets , other significant reductions in asset carrying values or other matters in the future that may impact our financial position and results of operations or the financial position of the individual subsidiary , it is possible that one or more of these subsidiaries could fall within the definition of a "material subsidiary" and thereby upon an acceleration trigger an event of default and possible acceleration of the indebtedness under the parent company's outstanding debt securities . a material subsidiary is defined in the company's senior secured revolving credit facility as any business that contributed 20% ( 20 % ) or more of the parent company's total cash distributions from businesses for the four most recently completed fiscal quarters . as of december 31 , 2017 , none of the defaults listed above individually or in the aggregate results in or is at risk of triggering a cross-default under the recourse debt of the company . contractual obligations and parent company contingent contractual obligations a summary of our contractual obligations , commitments and other liabilities as of december 31 , 2017 is presented below and excludes any businesses classified as discontinued operations or held-for-sale ( in millions ) : contractual obligations total less than 1 year more than 5 years other footnote reference ( 4 ) debt obligations ( 1 ) $ 20404 $ 2250 $ 2431 $ 5003 $ 10720 $ 2014 10 interest payments on long-term debt ( 2 ) 9103 1172 2166 1719 4046 2014 n/a . <table class='wikitable'><tr><td>1</td><td>contractual obligations</td><td>total</td><td>less than 1 year</td><td>1-3 years</td><td>3-5 years</td><td>more than 5 years</td><td>other</td><td>footnote reference ( 4 )</td></tr><tr><td>2</td><td>debt obligations ( 1 )</td><td>$ 20404</td><td>$ 2250</td><td>$ 2431</td><td>$ 5003</td><td>$ 10720</td><td>$ 2014</td><td>10</td></tr><tr><td>3</td><td>interest payments on long-term debt ( 2 )</td><td>9103</td><td>1172</td><td>2166</td><td>1719</td><td>4046</td><td>2014</td><td>n/a</td></tr><tr><td>4</td><td>capital lease obligations</td><td>18</td><td>2</td><td>2</td><td>2</td><td>12</td><td>2014</td><td>11</td></tr><tr><td>5</td><td>operating lease obligations</td><td>935</td><td>58</td><td>116</td><td>117</td><td>644</td><td>2014</td><td>11</td></tr><tr><td>6</td><td>electricity obligations</td><td>4501</td><td>581</td><td>948</td><td>907</td><td>2065</td><td>2014</td><td>11</td></tr><tr><td>7</td><td>fuel obligations</td><td>5859</td><td>1759</td><td>1642</td><td>992</td><td>1466</td><td>2014</td><td>11</td></tr><tr><td>8</td><td>other purchase obligations</td><td>4984</td><td>1488</td><td>1401</td><td>781</td><td>1314</td><td>2014</td><td>11</td></tr><tr><td>9</td><td>other long-term liabilities reflected on aes' consolidated balance sheet under gaap ( 3 )</td><td>701</td><td>2014</td><td>284</td><td>118</td><td>277</td><td>22</td><td>n/a</td></tr><tr><td>10</td><td>total</td><td>$ 46505</td><td>$ 7310</td><td>$ 8990</td><td>$ 9639</td><td>$ 20544</td><td>$ 22</td><td>-</td></tr></table> _____________________________ ( 1 ) includes recourse and non-recourse debt presented on the consolidated balance sheet . these amounts exclude capital lease obligations which are included in the capital lease category . ( 2 ) interest payments are estimated based on final maturity dates of debt securities outstanding at december 31 , 2017 and do not reflect anticipated future refinancing , early redemptions or new debt issuances . variable rate interest obligations are estimated based on rates as of december 31 , 2017 . ( 3 ) these amounts do not include current liabilities on the consolidated balance sheet except for the current portion of uncertain tax obligations . noncurrent uncertain tax obligations are reflected in the "other" column of the table above as the company is not able to reasonably estimate the timing of the future payments . in addition , these amounts do not include : ( 1 ) regulatory liabilities ( see note 9 2014regulatory assets and liabilities ) , ( 2 ) contingencies ( see note 12 2014contingencies ) , ( 3 ) pension and other postretirement employee benefit liabilities ( see note 13 2014benefit plans ) , ( 4 ) derivatives and incentive compensation ( see note 5 2014derivative instruments and hedging activities ) or ( 5 ) any taxes ( see note 20 2014income taxes ) except for uncertain tax obligations , as the company is not able to reasonably estimate the timing of future payments . see the indicated notes to the consolidated financial statements included in item 8 of this form 10-k for additional information on the items excluded . ( 4 ) for further information see the note referenced below in item 8 . 2014financial statements and supplementary data of this form 10-k. . Question: what are total debt obligations? Answer: 20404.0 Question: what is the value of debt obligations due in under 1 year? Answer: 2250.0 Question: what is the value of total debt obligations less those due in under 1 year? Answer: 18154.0 Question: what is that divided by total debt obligations?
0.88973
Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
operating expenses operating expenses were $ 2.9 billion , an increase of 8% ( 8 % ) over 2000 . adjusted for the formation of citistreet , operating expenses grew 10% ( 10 % ) . expense growth in 2001 of 10% ( 10 % ) is significantly lower than the comparable 20% ( 20 % ) expense growth for 2000 compared to 1999 . state street successfully reduced the growth rate of expenses as revenue growth slowed during the latter half of 2000 and early 2001 . the expense growth in 2001 reflects higher expenses for salaries and employee benefits , as well as information systems and communications . o p e r a t i n g e x p e n s e s ( dollars in millions ) 2001 2000 1999 change adjusted change 00-01 ( 1 ) . <table class='wikitable'><tr><td>1</td><td>( dollars in millions )</td><td>2001</td><td>2000</td><td>1999</td><td>change 00-01</td><td>adjusted change 00-01 ( 1 )</td></tr><tr><td>2</td><td>salaries and employee benefits</td><td>$ 1663</td><td>$ 1524</td><td>$ 1313</td><td>9% ( 9 % )</td><td>11% ( 11 % )</td></tr><tr><td>3</td><td>information systems and communications</td><td>365</td><td>305</td><td>287</td><td>20</td><td>22</td></tr><tr><td>4</td><td>transaction processing services</td><td>247</td><td>268</td><td>237</td><td>-8 ( 8 )</td><td>-7 ( 7 )</td></tr><tr><td>5</td><td>occupancy</td><td>229</td><td>201</td><td>188</td><td>15</td><td>16</td></tr><tr><td>6</td><td>other</td><td>363</td><td>346</td><td>311</td><td>5</td><td>7</td></tr><tr><td>7</td><td>total operating expenses</td><td>$ 2867</td><td>$ 2644</td><td>$ 2336</td><td>8</td><td>10</td></tr><tr><td>8</td><td>number of employees</td><td>19753</td><td>17604</td><td>17213</td><td>12</td><td>-</td></tr></table> ( 1 ) 2000 results adjusted for the formation of citistreet expenses related to salaries and employee benefits increased $ 139million in 2001 , or $ 163millionwhen adjusted for the formation of citistreet . the adjusted increase reflects more than 2100 additional staff to support the large client wins and new business from existing clients and acquisitions . this expense increase was partially offset by lower incentive-based compensation . information systems and communications expense was $ 365 million in 2001 , up 20% ( 20 % ) from the prior year . adjusted for the formation of citistreet , information systems and communications expense increased 22% ( 22 % ) . this growth reflects both continuing investment in software and hardware , aswell as the technology costs associated with increased staffing levels . expenses related to transaction processing services were $ 247 million , down $ 21 million , or 8% ( 8 % ) . these expenses are volume related and include external contract services , subcustodian fees , brokerage services and fees related to securities settlement . lower mutual fund shareholder activities , and lower subcustodian fees resulting from both the decline in asset values and lower transaction volumes , drove the decline . occupancy expensewas $ 229million , up 15% ( 15 % ) . the increase is due to expenses necessary to support state street 2019s global growth , and expenses incurred for leasehold improvements and other operational costs . other expenses were $ 363 million , up $ 17 million , or 5% ( 5 % ) . these expenses include professional services , advertising and sales promotion , and internal operational expenses . the increase over prior year is due to a $ 21 million increase in the amortization of goodwill , primarily from acquisitions in 2001 . in accordance with recent accounting pronouncements , goodwill amortization expense will be eliminated in 2002 . state street recorded approximately $ 38 million , or $ .08 per share after tax , of goodwill amortization expense in 2001 . state street 2019s cost containment efforts , which reduced discretionary spending , partially offset the increase in other expenses . state street corporation 9 . Question: what was the number of employees in 2001? Answer: 19753.0 Question: and in 2000? Answer: 17604.0 Question: and the difference between these two years?
2149.0
Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
part ii item 5 . market for registrant 2019s common equity , related stockholder matters and issuer purchases of equity securities market information our common stock is listed and traded on the new york stock exchange under the symbol 201cipg 201d . as of february 13 , 2019 , there were approximately 10000 registered holders of our outstanding common stock . on february 13 , 2019 , we announced that our board of directors ( the 201cboard 201d ) had declared a common stock cash dividend of $ 0.235 per share , payable on march 15 , 2019 to holders of record as of the close of business on march 1 , 2019 . although it is the board 2019s current intention to declare and pay future dividends , there can be no assurance that such additional dividends will in fact be declared and paid . any and the amount of any such declaration is at the discretion of the board and will depend upon factors such as our earnings , financial position and cash requirements . equity compensation plans see item 12 for information about our equity compensation plans . transfer agent and registrar for common stock the transfer agent and registrar for our common stock is : computershare shareowner services llc 480 washington boulevard 29th floor jersey city , new jersey 07310 telephone : ( 877 ) 363-6398 sales of unregistered securities not applicable . repurchases of equity securities the following table provides information regarding our purchases of our equity securities during the period from october 1 , 2018 to december 31 , 2018 . total number of shares ( or units ) purchased 1 average price paid per share ( or unit ) 2 total number of shares ( or units ) purchased as part of publicly announced plans or programs 3 maximum number ( or approximate dollar value ) of shares ( or units ) that may yet be purchased under the plans or programs 3 . <table class='wikitable'><tr><td>1</td><td>-</td><td>total number ofshares ( or units ) purchased1</td><td>average price paidper share ( or unit ) 2</td><td>total number ofshares ( or units ) purchased as part ofpublicly announcedplans or programs3</td><td>maximum number ( orapproximate dollar value ) of shares ( or units ) that may yet be purchasedunder the plans orprograms3</td></tr><tr><td>2</td><td>october 1 - 31</td><td>3824</td><td>$ 23.30</td><td>2014</td><td>$ 338421933</td></tr><tr><td>3</td><td>november 1 - 30</td><td>1750</td><td>$ 23.77</td><td>2014</td><td>$ 338421933</td></tr><tr><td>4</td><td>december 1 - 31</td><td>2014</td><td>2014</td><td>2014</td><td>$ 338421933</td></tr><tr><td>5</td><td>total</td><td>5574</td><td>$ 23.45</td><td>2014</td><td>-</td></tr></table> 1 the total number of shares of our common stock , par value $ 0.10 per share , repurchased were withheld under the terms of grants under employee stock- based compensation plans to offset tax withholding obligations that occurred upon vesting and release of restricted shares ( the 201cwithheld shares 201d ) . 2 the average price per share for each of the months in the fiscal quarter and for the three-month period was calculated by dividing the sum in the applicable period of the aggregate value of the tax withholding obligations by the sum of the number of withheld shares . 3 in february 2017 , the board authorized a share repurchase program to repurchase from time to time up to $ 300.0 million , excluding fees , of our common stock ( the 201c2017 share repurchase program 201d ) . in february 2018 , the board authorized a share repurchase program to repurchase from time to time up to $ 300.0 million , excluding fees , of our common stock , which was in addition to any amounts remaining under the 2017 share repurchase program . on july 2 , 2018 , in connection with the announcement of the acxiom acquisition , we announced that share repurchases will be suspended for a period of time in order to reduce the increased debt levels incurred in conjunction with the acquisition , and no shares were repurchased pursuant to the share repurchase programs in the periods reflected . there are no expiration dates associated with the share repurchase programs. . Question: what was the total value spent on purchased shares in october? Answer: 89099.2 Question: and what was the total number of shares purchased in november? Answer: 1750.0 Question: for what price, in average, were those shares purchased? Answer: 23.77 Question: what was, then, the total value spent on purchased shares in november?
41597.5
Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
table of contents marketaxess holdings inc . notes to consolidated financial statements 2014 ( continued ) of this standard had no material effect on the company 2019s consolidated statements of financial condition and consolidated statements of operations . reclassifications certain reclassifications have been made to the prior years 2019 financial statements in order to conform to the current year presentation . such reclassifications had no effect on previously reported net income . on march 5 , 2008 , the company acquired all of the outstanding capital stock of greenline financial technologies , inc . ( 201cgreenline 201d ) , an illinois-based provider of integration , testing and management solutions for fix-related products and services designed to optimize electronic trading of fixed-income , equity and other exchange-based products , and approximately ten percent of the outstanding capital stock of tradehelm , inc. , a delaware corporation that was spun-out from greenline immediately prior to the acquisition . the acquisition of greenline broadens the range of technology services that the company offers to institutional financial markets , provides an expansion of the company 2019s client base , including global exchanges and hedge funds , and further diversifies the company 2019s revenues beyond the core electronic credit trading products . the results of operations of greenline are included in the consolidated financial statements from the date of the acquisition . the aggregate consideration for the greenline acquisition was $ 41.1 million , comprised of $ 34.7 million in cash , 725923 shares of common stock valued at $ 5.8 million and $ 0.6 million of acquisition-related costs . in addition , the sellers were eligible to receive up to an aggregate of $ 3.0 million in cash , subject to greenline attaining certain earn- out targets in 2008 and 2009 . a total of $ 1.4 million was paid to the sellers in 2009 based on the 2008 earn-out target , bringing the aggregate consideration to $ 42.4 million . the 2009 earn-out target was not met . a total of $ 2.0 million of the purchase price , which had been deposited into escrow accounts to satisfy potential indemnity claims , was distributed to the sellers in march 2009 . the shares of common stock issued to each selling shareholder of greenline were released in two equal installments on december 20 , 2008 and december 20 , 2009 , respectively . the value ascribed to the shares was discounted from the market value to reflect the non-marketability of such shares during the restriction period . the purchase price allocation is as follows ( in thousands ) : the amortizable intangibles include $ 3.2 million of acquired technology , $ 3.3 million of customer relationships , $ 1.3 million of non-competition agreements and $ 0.5 million of tradenames . useful lives of ten years and five years have been assigned to the customer relationships intangible and all other amortizable intangibles , respectively . the identifiable intangible assets and goodwill are not deductible for tax purposes . the following unaudited pro forma consolidated financial information reflects the results of operations of the company for the years ended december 31 , 2008 and 2007 , as if the acquisition of greenline had occurred as of the beginning of the period presented , after giving effect to certain purchase accounting adjustments . these pro forma results are not necessarily indicative of what the company 2019s operating results would have been had the acquisition actually taken place as of the beginning of the earliest period presented . the pro forma financial information 3 . acquisitions . <table class='wikitable'><tr><td>1</td><td>cash</td><td>$ 6406</td></tr><tr><td>2</td><td>accounts receivable</td><td>2139</td></tr><tr><td>3</td><td>amortizable intangibles</td><td>8330</td></tr><tr><td>4</td><td>goodwill</td><td>29405</td></tr><tr><td>5</td><td>deferred tax assets net</td><td>3410</td></tr><tr><td>6</td><td>other assets including investment in tradehelm</td><td>1429</td></tr><tr><td>7</td><td>accounts payable accrued expenses and deferred revenue</td><td>-8701 ( 8701 )</td></tr><tr><td>8</td><td>total purchase price</td><td>$ 42418</td></tr></table> . Question: in 2009, what percentage of the total aggregate consideration for the greenline acquisition was paid to the sellers based on the 2008 earn-out target?
0.03302
Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
entergy arkansas , inc . management's financial discussion and analysis operating activities cash flow from operations increased $ 8.8 million in 2004 compared to 2003 primarily due to income tax benefits received in 2004 , and increased recovery of deferred fuel costs . this increase was substantially offset by money pool activity . in 2003 , the domestic utility companies and system energy filed , with the irs , a change in tax accounting method notification for their respective calculations of cost of goods sold . the adjustment implemented a simplified method of allocation of overhead to the production of electricity , which is provided under the irs capitalization regulations . the cumulative adjustment placing these companies on the new methodology resulted in a $ 1.171 billion deduction for entergy arkansas on entergy's 2003 income tax return . there was no cash benefit from the method change in 2003 . in 2004 , entergy arkansas realized $ 173 million in cash tax benefit from the method change . this tax accounting method change is an issue across the utility industry and will likely be challenged by the irs on audit . as of december 31 , 2004 , entergy arkansas has a net operating loss ( nol ) carryforward for tax purposes of $ 766.9 million , principally resulting from the change in tax accounting method related to cost of goods sold . if the tax accounting method change is sustained , entergy arkansas expects to utilize the nol carryforward through 2006 . cash flow from operations increased $ 80.1 million in 2003 compared to 2002 primarily due to income taxes paid of $ 2.2 million in 2003 compared to income taxes paid of $ 83.9 million in 2002 , and money pool activity . this increase was partially offset by decreased recovery of deferred fuel costs in 2003 . entergy arkansas' receivables from or ( payables to ) the money pool were as follows as of december 31 for each of the following years: . <table class='wikitable'><tr><td>1</td><td>2004</td><td>2003</td><td>2002</td><td>2001</td></tr><tr><td>2</td><td>( in thousands )</td><td>( in thousands )</td><td>( in thousands )</td><td>( in thousands )</td></tr><tr><td>3</td><td>$ 23561</td><td>( $ 69153 )</td><td>$ 4279</td><td>$ 23794</td></tr></table> money pool activity used $ 92.7 million of entergy arkansas' operating cash flow in 2004 , provided $ 73.4 million in 2003 , and provided $ 19.5 million in 2002 . see note 4 to the domestic utility companies and system energy financial statements for a description of the money pool . investing activities the decrease of $ 68.1 million in net cash used in investing activities in 2004 compared to 2003 was primarily due to a decrease in construction expenditures resulting from less transmission upgrade work requested by merchant generators in 2004 combined with lower spending on customer support projects in 2004 . the increase of $ 88.1 million in net cash used in investing activities in 2003 compared to 2002 was primarily due to an increase in construction expenditures of $ 57.4 million and the maturity of $ 38.4 million of other temporary investments in the first quarter of 2002 . construction expenditures increased in 2003 primarily due to the following : 2022 a ferc ruling that shifted responsibility for transmission upgrade work performed for independent power producers to entergy arkansas ; and 2022 the ano 1 steam generator , reactor vessel head , and transformer replacement project . financing activities the decrease of $ 90.7 million in net cash used in financing activities in 2004 compared to 2003 was primarily due to the net redemption of $ 2.4 million of long-term debt in 2004 compared to $ 109.3 million in 2003 , partially offset by the payment of $ 16.2 million more in common stock dividends during the same period. . Question: what is the difference in receivables from the money pool between 2001 and 2022? Answer: 19515.0 Question: and the value for 2002 specifically?
4279.0
Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
the following table summarizes the total contractual amount of credit-related , off-balance sheet financial instruments at december 31 . amounts reported do not reflect participations to independent third parties. . <table class='wikitable'><tr><td>1</td><td>( in millions )</td><td>2008</td><td>2007</td></tr><tr><td>2</td><td>indemnified securities financing</td><td>$ 324590</td><td>$ 558368</td></tr><tr><td>3</td><td>liquidity asset purchase agreements</td><td>28800</td><td>35339</td></tr><tr><td>4</td><td>unfunded commitments to extend credit</td><td>20981</td><td>17533</td></tr><tr><td>5</td><td>standby letters of credit</td><td>6061</td><td>4711</td></tr></table> approximately 81% ( 81 % ) of the unfunded commitments to extend credit expire within one year from the date of issue . since many of the commitments are expected to expire or renew without being drawn upon , the total commitment amounts do not necessarily represent future cash requirements . securities finance : on behalf of our customers , we lend their securities to creditworthy brokers and other institutions . we generally indemnify our customers for the fair market value of those securities against a failure of the borrower to return such securities . collateral funds received in connection with our securities finance services are held by us as agent and are not recorded in our consolidated statement of condition . we require the borrowers to provide collateral in an amount equal to or in excess of 100% ( 100 % ) of the fair market value of the securities borrowed . the borrowed securities are revalued daily to determine if additional collateral is necessary . in this regard , we held , as agent , cash and u.s . government securities with an aggregate fair value of $ 333.07 billion and $ 572.93 billion as collateral for indemnified securities on loan at december 31 , 2008 and 2007 , respectively , presented in the table above . the collateral held by us is invested on behalf of our customers . in certain cases , the collateral is invested in third-party repurchase agreements , for which we indemnify the customer against loss of the principal invested . we require the repurchase agreement counterparty to provide collateral in an amount equal to or in excess of 100% ( 100 % ) of the amount of the repurchase agreement . the indemnified repurchase agreements and the related collateral are not recorded in our consolidated statement of condition . of the collateral of $ 333.07 billion at december 31 , 2008 and $ 572.93 billion at december 31 , 2007 referenced above , $ 68.37 billion at december 31 , 2008 and $ 106.13 billion at december 31 , 2007 was invested in indemnified repurchase agreements . we held , as agent , cash and securities with an aggregate fair value of $ 71.87 billion and $ 111.02 billion as collateral for indemnified investments in repurchase agreements at december 31 , 2008 and december 31 , 2007 , respectively . asset-backed commercial paper program : in the normal course of our business , we provide liquidity and credit enhancement to an asset-backed commercial paper program sponsored and administered by us , described in note 12 . the commercial paper issuances and commitments of the commercial paper conduits to provide funding are supported by liquidity asset purchase agreements and back-up liquidity lines of credit , the majority of which are provided by us . in addition , we provide direct credit support to the conduits in the form of standby letters of credit . our commitments under liquidity asset purchase agreements and back-up lines of credit totaled $ 23.59 billion at december 31 , 2008 , and are included in the preceding table . our commitments under standby letters of credit totaled $ 1.00 billion at december 31 , 2008 , and are also included in the preceding table . legal proceedings : several customers have filed litigation claims against us , some of which are putative class actions purportedly on behalf of customers invested in certain of state street global advisors 2019 , or ssga 2019s , active fixed-income strategies . these claims related to investment losses in one or more of ssga 2019s strategies that included sub-prime investments . in 2007 , we established a reserve of approximately $ 625 million to address legal exposure associated with the under-performance of certain active fixed-income strategies managed by ssga and customer concerns as to whether the execution of these strategies was consistent with the customers 2019 investment intent . these strategies were adversely impacted by exposure to , and the lack of liquidity in . Question: what was the value of standby letters of credit in 2008? Answer: 6061.0 Question: what was the value in 2007? Answer: 4711.0 Question: what is the net change?
1350.0
Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
conduit assets by asset origin . <table class='wikitable'><tr><td>1</td><td>( dollars in billions )</td><td>2008 amount</td><td>2008 percent of total conduit assets</td><td>2008 amount</td><td>percent of total conduit assets</td></tr><tr><td>2</td><td>united states</td><td>$ 11.09</td><td>46% ( 46 % )</td><td>$ 12.14</td><td>42% ( 42 % )</td></tr><tr><td>3</td><td>australia</td><td>4.30</td><td>17</td><td>6.10</td><td>21</td></tr><tr><td>4</td><td>great britain</td><td>1.97</td><td>8</td><td>2.93</td><td>10</td></tr><tr><td>5</td><td>spain</td><td>1.71</td><td>7</td><td>1.90</td><td>7</td></tr><tr><td>6</td><td>italy</td><td>1.66</td><td>7</td><td>1.86</td><td>7</td></tr><tr><td>7</td><td>portugal</td><td>0.62</td><td>3</td><td>0.70</td><td>2</td></tr><tr><td>8</td><td>germany</td><td>0.57</td><td>3</td><td>0.70</td><td>2</td></tr><tr><td>9</td><td>netherlands</td><td>0.40</td><td>2</td><td>0.55</td><td>2</td></tr><tr><td>10</td><td>belgium</td><td>0.29</td><td>1</td><td>0.31</td><td>1</td></tr><tr><td>11</td><td>greece</td><td>0.27</td><td>1</td><td>0.31</td><td>1</td></tr><tr><td>12</td><td>other</td><td>1.01</td><td>5</td><td>1.26</td><td>5</td></tr><tr><td>13</td><td>total conduit assets</td><td>$ 23.89</td><td>100% ( 100 % )</td><td>$ 28.76</td><td>100% ( 100 % )</td></tr></table> the conduits meet the definition of a vie , as defined by fin 46 ( r ) . we have determined that we are not the primary beneficiary of the conduits , as defined by fin 46 ( r ) , and do not record them in our consolidated financial statements . we hold no direct or indirect ownership interest in the conduits , but we provide subordinated financial support to them through contractual arrangements . standby letters of credit absorb certain actual credit losses from the conduit assets ; our commitment under these letters of credit totaled $ 1.00 billion and $ 1.04 billion at december 31 , 2008 and 2007 , respectively . liquidity asset purchase agreements provide liquidity to the conduits in the event they cannot place commercial paper in the ordinary course of their business ; these facilities , which require us to purchase assets from the conduits at par , would provide the needed liquidity to repay maturing commercial paper if there was a disruption in the asset-backed commercial paper market . the aggregate commitment under the liquidity asset purchase agreements was approximately $ 23.59 billion and $ 28.37 billion at december 31 , 2008 and 2007 , respectively . we did not accrue for any losses associated with either our commitment under the standby letters of credit or the liquidity asset purchase agreements in our consolidated statement of condition at december 31 , 2008 or 2007 . during the first quarter of 2008 , pursuant to the contractual terms of our liquidity asset purchase agreements with the conduits , we were required to purchase $ 850 million of conduit assets . the purchase was the result of various factors , including the continued illiquidity in the commercial paper markets . the securities were purchased at prices determined in accordance with existing contractual terms in the liquidity asset purchase agreements , and which exceeded their fair value . accordingly , during the first quarter of 2008 , the securities were written down to their fair value through a $ 12 million reduction of processing fees and other revenue in our consolidated statement of income , and are carried at fair value in securities available for sale in our consolidated statement of condition . none of our liquidity asset purchase agreements with the conduits were drawn upon during the remainder of 2008 , and no draw-downs on the standby letters of credit occurred during 2008 . the conduits generally sell commercial paper to independent third-party investors . however , we sometimes purchase commercial paper from the conduits . as of december 31 , 2008 , we held an aggregate of approximately $ 230 million of commercial paper issued by the conduits , and $ 2 million at december 31 , 2007 . in addition , approximately $ 5.70 billion of u.s . conduit-issued commercial paper had been sold to the cpff . the cpff is scheduled to expire on october 31 , 2009 . the weighted-average maturity of the conduits 2019 commercial paper in the aggregate was approximately 25 days as of december 31 , 2008 , compared to approximately 20 days as of december 31 , 2007 . each of the conduits has issued first-loss notes to independent third parties , which third parties absorb first- dollar losses related to credit risk . aggregate first-loss notes outstanding at december 31 , 2008 for the four conduits totaled $ 67 million , compared to $ 32 million at december 31 , 2007 . actual credit losses of the conduits . Question: what was the total conduit asset in 2008? Answer: 23.59 Question: and what was it in 2007? Answer: 28.37 Question: what was, then, the change over the year? Answer: -4.78 Question: and what percentage does this change represent in relation to the 2007 total conduit asset? Answer: -0.16849 Question: and for the conduit assets only in the us, what was the change over that same period?
-1.05
Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
for intangible assets subject to amortization , the estimated aggregate amortization expense for each of the five succeeding fiscal years is as follows : 2009 - $ 41.1 million , 2010 - $ 27.3 million , 2011 - $ 20.9 million , 2012 - $ 17.0 million , and 2013 - $ 12.0 million . fees and expenses related to the merger totaled $ 102.6 million , principally consisting of investment banking fees , legal fees and stock compensation ( $ 39.4 million as further discussed in note 10 ) , and are reflected in the 2007 results of operations . capitalized debt issuance costs as of the merger date of $ 87.4 million for merger-related financing were reflected in other long- term assets in the consolidated balance sheet . the following represents the unaudited pro forma results of the company 2019s consolidated operations as if the merger had occurred on february 3 , 2007 and february 4 , 2006 , respectively , after giving effect to certain adjustments , including the depreciation and amortization of the assets acquired based on their estimated fair values and changes in interest expense resulting from changes in consolidated debt ( in thousands ) : ( in thousands ) year ended february 1 , year ended february 2 . <table class='wikitable'><tr><td>1</td><td>( in thousands )</td><td>year endedfebruary 12008</td><td>year endedfebruary 22007</td></tr><tr><td>2</td><td>revenue</td><td>$ 9495246</td><td>$ 9169822</td></tr><tr><td>3</td><td>net loss</td><td>-57939 ( 57939 )</td><td>( 156188 )</td></tr></table> the pro forma information does not purport to be indicative of what the company 2019s results of operations would have been if the acquisition had in fact occurred at the beginning of the periods presented , and is not intended to be a projection of the company 2019s future results of operations . subsequent to the announcement of the merger agreement , the company and its directors , along with other parties , were named in seven putative class actions filed in tennessee state courts alleging claims for breach of fiduciary duty arising out of the proposed merger , all as described more fully under 201clegal proceedings 201d in note 8 below . 3 . strategic initiatives during 2006 , the company began implementing certain strategic initiatives related to its historical inventory management and real estate strategies , as more fully described below . inventory management in november 2006 , the company undertook an initiative to discontinue its historical inventory packaway model for virtually all merchandise by the end of fiscal 2007 . under the packaway model , certain unsold inventory items ( primarily seasonal merchandise ) were stored on-site and returned to the sales floor until the items were eventually sold , damaged or discarded . through end-of-season and other markdowns , this initiative resulted in the elimination of seasonal , home products and basic clothing packaway merchandise to allow for increased levels of newer , current-season merchandise . in connection with this strategic change , in the third quarter of 2006 the company recorded a reserve for lower of cost or market inventory . Question: what is the revenue for the year ending on february 1, 2008? Answer: 9495246.0 Question: what about for the year ending on february 1, 2007? Answer: 9169822.0 Question: what is the net change among these two years? Answer: 325424.0 Question: what about for the year ending on february 1, 2007?
9169822.0
Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
entergy corporation and subsidiaries management 2019s financial discussion and analysis net revenue utility following is an analysis of the change in net revenue comparing 2014 to 2013 . amount ( in millions ) . <table class='wikitable'><tr><td>1</td><td>-</td><td>amount ( in millions )</td></tr><tr><td>2</td><td>2013 net revenue</td><td>$ 5524</td></tr><tr><td>3</td><td>retail electric price</td><td>135</td></tr><tr><td>4</td><td>asset retirement obligation</td><td>56</td></tr><tr><td>5</td><td>volume/weather</td><td>36</td></tr><tr><td>6</td><td>miso deferral</td><td>16</td></tr><tr><td>7</td><td>net wholesale revenue</td><td>-29 ( 29 )</td></tr><tr><td>8</td><td>other</td><td>-3 ( 3 )</td></tr><tr><td>9</td><td>2014 net revenue</td><td>$ 5735</td></tr></table> the retail electric price variance is primarily due to : 2022 increases in the energy efficiency rider at entergy arkansas , as approved by the apsc , effective july 2013 and july 2014 . energy efficiency revenues are offset by costs included in other operation and maintenance expenses and have minimal effect on net income ; 2022 the effect of the apsc 2019s order in entergy arkansas 2019s 2013 rate case , including an annual base rate increase effective january 2014 offset by a miso rider to provide customers credits in rates for transmission revenue received through miso ; 2022 a formula rate plan increase at entergy mississippi , as approved by the mspc , effective september 2013 ; 2022 an increase in entergy mississippi 2019s storm damage rider , as approved by the mpsc , effective october 2013 . the increase in the storm damage rider is offset by other operation and maintenance expenses and has no effect on net income ; 2022 an annual base rate increase at entergy texas , effective april 2014 , as a result of the puct 2019s order in the september 2013 rate case ; and 2022 a formula rate plan increase at entergy louisiana , as approved by the lpsc , effective december 2014 . see note 2 to the financial statements for a discussion of rate proceedings . the asset retirement obligation affects net revenue because entergy records a regulatory debit or credit for the difference between asset retirement obligation-related expenses and trust earnings plus asset retirement obligation- related costs collected in revenue . the variance is primarily caused by increases in regulatory credits because of decreases in decommissioning trust earnings and increases in depreciation and accretion expenses and increases in regulatory credits to realign the asset retirement obligation regulatory assets with regulatory treatment . the volume/weather variance is primarily due to an increase of 3129 gwh , or 3% ( 3 % ) , in billed electricity usage primarily due to an increase in sales to industrial customers and the effect of more favorable weather on residential sales . the increase in industrial sales was primarily due to expansions , recovery of a major refining customer from an unplanned outage in 2013 , and continued moderate growth in the manufacturing sector . the miso deferral variance is primarily due to the deferral in 2014 of the non-fuel miso-related charges , as approved by the lpsc and the mpsc , partially offset by the deferral in april 2013 , as approved by the apsc , of costs incurred from march 2010 through december 2012 related to the transition and implementation of joining the miso . Question: what was the difference in net revenue between 2013 and 2014? Answer: 211.0 Question: and the specific value for 2013? Answer: 5524.0 Question: so what was the percentage change during this time?
0.0382
Read the following texts and table with financial data from an S&P 500 earnings report 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 texas , inc . and subsidiaries management 2019s financial discussion and analysis results of operations net income 2016 compared to 2015 net income increased $ 37.9 million primarily due to lower other operation and maintenance expenses , the asset write-off of its receivable associated with the spindletop gas storage facility in 2015 , and higher net revenue . 2015 compared to 2014 net income decreased $ 5.2 million primarily due to the asset write-off of its receivable associated with the spindletop gas storage facility and higher other operation and maintenance expenses , partially offset by higher net revenue and a lower effective tax rate . net revenue 2016 compared to 2015 net revenue consists of operating revenues net of : 1 ) fuel , fuel-related expenses , and gas purchased for resale , 2 ) purchased power expenses , and 3 ) other regulatory charges . following is an analysis of the change in net revenue comparing 2016 to 2015 . amount ( in millions ) . <table class='wikitable'><tr><td>1</td><td>-</td><td>amount ( in millions )</td></tr><tr><td>2</td><td>2015 net revenue</td><td>$ 637.2</td></tr><tr><td>3</td><td>reserve equalization</td><td>14.3</td></tr><tr><td>4</td><td>purchased power capacity</td><td>12.4</td></tr><tr><td>5</td><td>transmission revenue</td><td>7.0</td></tr><tr><td>6</td><td>retail electric price</td><td>5.4</td></tr><tr><td>7</td><td>net wholesale</td><td>-27.8 ( 27.8 )</td></tr><tr><td>8</td><td>other</td><td>-4.3 ( 4.3 )</td></tr><tr><td>9</td><td>2016 net revenue</td><td>$ 644.2</td></tr></table> the reserve equalization variance is primarily due to a reduction in reserve equalization expense primarily due to changes in the entergy system generation mix compared to the same period in 2015 as a result of the execution of a new purchased power agreement and entergy mississippi 2019s exit from the system agreement , each in november 2015 , and entergy texas 2019s exit from the system agreement in august 2016 . see note 2 to the financial statements for a discussion of the system agreement . the purchased power capacity variance is primarily due to decreased expenses due to the termination of the purchased power agreements between entergy louisiana and entergy texas in august 2016 , as well as capacity cost changes for ongoing purchased power capacity contracts . the transmission revenue variance is primarily due to an increase in attachment o rates charged by miso to transmission customers and a settlement of attachment o rates previously billed to transmission customers by miso. . Question: what was the net revenue in 2016 for entergy texas , inc.? Answer: 644.2 Question: and what was it in 2015? Answer: 637.2 Question: what was, then, the change over the year? Answer: 7.0 Question: what was the net revenue in 2015 for entergy texas , inc.? Answer: 637.2 Question: and how much does that change represent in relation to this 2015 net revenue?
0.01099
Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
marathon oil corporation notes to consolidated financial statements ( f ) this sale-leaseback financing arrangement relates to a lease of a slab caster at united states steel 2019s fairfield works facility in alabama . we are the primary obligor under this lease . under the financial matters agreement , united states steel has assumed responsibility for all obligations under this lease . this lease is an amortizing financing with a final maturity of 2012 , subject to additional extensions . ( g ) this obligation relates to a lease of equipment at united states steel 2019s clairton works cokemaking facility in pennsylvania . we are the primary obligor under this lease . under the financial matters agreement , united states steel has assumed responsibility for all obligations under this lease . this lease is an amortizing financing with a final maturity of 2012 . ( h ) marathon oil canada corporation had an 805 million canadian dollar revolving term credit facility which was secured by substantially all of marathon oil canada corporation 2019s assets and included certain financial covenants , including leverage and interest coverage ratios . in february 2008 , the outstanding balance was repaid and the facility was terminated . ( i ) these notes are senior secured notes of marathon oil canada corporation . the notes were secured by substantially all of marathon oil canada corporation 2019s assets . in january 2008 , we provided a full and unconditional guarantee covering the payment of all principal and interest due under the senior notes . ( j ) these obligations as of december 31 , 2008 include $ 126 million related to assets under construction at that date for which capital leases or sale-leaseback financings will commence upon completion of construction . the amounts currently reported are based upon the percent of construction completed as of december 31 , 2008 and therefore do not reflect future minimum lease obligations of $ 209 million . ( k ) payments of long-term debt for the years 2009 2013 2013 are $ 99 million , $ 98 million , $ 257 million , $ 1487 million and $ 279 million . of these amounts , payments assumed by united states steel are $ 15 million , $ 17 million , $ 161 million , $ 19 million and zero . ( l ) in the event of a change in control , as defined in the related agreements , debt obligations totaling $ 669 million at december 31 , 2008 , may be declared immediately due and payable . ( m ) see note 17 for information on interest rate swaps . on february 17 , 2009 , we issued $ 700 million aggregate principal amount of senior notes bearing interest at 6.5 percent with a maturity date of february 15 , 2014 and $ 800 million aggregate principal amount of senior notes bearing interest at 7.5 percent with a maturity date of february 15 , 2019 . interest on both issues is payable semi- annually beginning august 15 , 2009 . 21 . asset retirement obligations the following summarizes the changes in asset retirement obligations : ( in millions ) 2008 2007 . <table class='wikitable'><tr><td>1</td><td>( in millions )</td><td>2008</td><td>2007</td></tr><tr><td>2</td><td>asset retirement obligations as of january 1</td><td>$ 1134</td><td>$ 1044</td></tr><tr><td>3</td><td>liabilities incurred including acquisitions</td><td>30</td><td>60</td></tr><tr><td>4</td><td>liabilities settled</td><td>-94 ( 94 )</td><td>-10 ( 10 )</td></tr><tr><td>5</td><td>accretion expense ( included in depreciation depletion and amortization )</td><td>66</td><td>61</td></tr><tr><td>6</td><td>revisions to previous estimates</td><td>24</td><td>-17 ( 17 )</td></tr><tr><td>7</td><td>held for sale ( a )</td><td>-195 ( 195 )</td><td>2013</td></tr><tr><td>8</td><td>deconsolidation of egholdings</td><td>2013</td><td>-4 ( 4 )</td></tr><tr><td>9</td><td>asset retirement obligations as of december 31 ( b )</td><td>$ 965</td><td>$ 1134</td></tr></table> asset retirement obligations as of december 31 ( b ) $ 965 $ 1134 ( a ) see note 7 for information related to our assets held for sale . ( b ) includes asset retirement obligation of $ 2 and $ 3 million classified as short-term at december 31 , 2008 , and 2007. . Question: what was the value of asset retirement obligations at the end of 2008? Answer: 965.0 Question: what was the value at the end of 2007 Answer: 1134.0 Question: what is the net change in value? Answer: -169.0 Question: what was the 2007 value?
1134.0
Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
intel corporation notes to consolidated financial statements ( continued ) note 16 : other comprehensive income ( loss ) the changes in accumulated other comprehensive income ( loss ) by component and related tax effects for each period were as follows : ( in millions ) unrealized holding ( losses ) on available- for-sale investments deferred tax asset valuation allowance unrealized holding ( losses ) on derivatives service credits ( costs ) actuarial ( losses ) foreign currency translation adjustment total . <table class='wikitable'><tr><td>1</td><td>( in millions )</td><td>unrealized holding gains ( losses ) on available-for-sale investments</td><td>deferred tax asset valuation allowance</td><td>unrealized holding gains ( losses ) on derivatives</td><td>prior service credits ( costs )</td><td>actuarial gains ( losses )</td><td>foreign currency translation adjustment</td><td>total</td></tr><tr><td>2</td><td>december 27 2014</td><td>$ 2459</td><td>$ 26</td><td>$ -423 ( 423 )</td><td>$ -47 ( 47 )</td><td>$ -1004 ( 1004 )</td><td>$ -345 ( 345 )</td><td>$ 666</td></tr><tr><td>3</td><td>other comprehensive income ( loss ) before reclassifications</td><td>-999 ( 999 )</td><td>2014</td><td>-298 ( 298 )</td><td>-2 ( 2 )</td><td>73</td><td>-187 ( 187 )</td><td>-1413 ( 1413 )</td></tr><tr><td>4</td><td>amounts reclassified out of accumulated other comprehensive income ( loss )</td><td>-93 ( 93 )</td><td>2014</td><td>522</td><td>10</td><td>67</td><td>2014</td><td>506</td></tr><tr><td>5</td><td>tax effects</td><td>382</td><td>-18 ( 18 )</td><td>-67 ( 67 )</td><td>-1 ( 1 )</td><td>-12 ( 12 )</td><td>17</td><td>301</td></tr><tr><td>6</td><td>other comprehensive income ( loss )</td><td>-710 ( 710 )</td><td>-18 ( 18 )</td><td>157</td><td>7</td><td>128</td><td>-170 ( 170 )</td><td>-606 ( 606 )</td></tr><tr><td>7</td><td>december 26 2015</td><td>1749</td><td>8</td><td>-266 ( 266 )</td><td>-40 ( 40 )</td><td>-876 ( 876 )</td><td>-515 ( 515 )</td><td>60</td></tr><tr><td>8</td><td>other comprehensive income ( loss ) before reclassifications</td><td>1170</td><td>2014</td><td>-26 ( 26 )</td><td>2014</td><td>-680 ( 680 )</td><td>-4 ( 4 )</td><td>460</td></tr><tr><td>9</td><td>amounts reclassified out of accumulated other comprehensive income ( loss )</td><td>-530 ( 530 )</td><td>2014</td><td>38</td><td>2014</td><td>170</td><td>2014</td><td>-322 ( 322 )</td></tr><tr><td>10</td><td>tax effects</td><td>-225 ( 225 )</td><td>-8 ( 8 )</td><td>-5 ( 5 )</td><td>2014</td><td>146</td><td>2014</td><td>-92 ( 92 )</td></tr><tr><td>11</td><td>other comprehensive income ( loss )</td><td>415</td><td>-8 ( 8 )</td><td>7</td><td>2014</td><td>-364 ( 364 )</td><td>-4 ( 4 )</td><td>46</td></tr><tr><td>12</td><td>december 31 2016</td><td>$ 2164</td><td>$ 2014</td><td>$ -259 ( 259 )</td><td>$ -40 ( 40 )</td><td>$ -1240 ( 1240 )</td><td>$ -519 ( 519 )</td><td>$ 106</td></tr></table> . Question: what was the net change in the accumulated other comprehensive income during 2015? Answer: -606.0 Question: and what was it during 2016?
46.0
Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
directors in advance for their review . in the event the cbot directors determine in their sole discretion that a proposed rule change will materially impair the business of cbot or the business opportunities of the holders of the cbot memberships , such change must be submitted to a committee comprised of three cbot directors and two cme directors ( as defined in our bylaws ) . in connection with these rights , our ability to take certain actions that we may deem to be in the best interests of the company and its shareholders , including actions relating to the operation of our open outcry trading facilities and certain pricing decisions , may be limited by the rights of our members . item 1b.unresolved staff comments not applicable . item 2 . properties our global headquarters are located in chicago , illinois at 20 south wacker drive . the following is a description of our key locations and facilities . location primary use owned/leased lease expiration approximate size ( in square feet ) ( 1 ) 20 south wacker drive , chicago , illinois global headquarters and office space leased 2022 ( 2 ) 490000 141 west jackson chicago , illinois chicago trading floor and office space owned n/a 1500000 ( 3 ) 550 west washington chicago , illinois office space leased 2023 225000 one north end new york , new york new york trading floor and office space mixed ( 4 ) 2069 500000 ( 5 ) 33 cannon street , london office space leased 2019 14000 ( 6 ) one new change , london office space leased 2026 40000 ( 7 ) annex data center chicagoland area business continuity leased 2014 100000 remote data center chicagoland area business continuity leased 2017 50000 data center 3 chicagoland area business continuity and co-location owned n/a 430000 ( 1 ) size represents the amount of space leased by us unless otherwise noted . ( 2 ) the initial lease expires in 2022 with two consecutive options to extend the term for seven and ten years , respectively . ( 3 ) we occupy approximately 425000 square feet of the 141 west jackson complex . ( 4 ) the one north end property is subject to a ground lease with the battery park city authority for the site of our new york offices and trading facility . in accordance with the terms of the lease , we are deemed to lease the building and its improvements from the landlord . we do not make lease payments to the landlord related to the building and we receive the financial benefit of the rental income . ( 5 ) we occupy approximately 350000 square feet of the one north end building . ( 6 ) we have a termination right effective in the first quarter of 2012 , which we intend to exercise in the first quarter of 2011 . ( 7 ) we expect to occupy the space at one new change in the second quarter of 2011 . we also lease global office space around the world and have also partnered with major global telecommunications carriers in connection with our telecommunications hubs whereby we place data cabinets within the carriers 2019 existing secured data centers . we believe our facilities are adequate for our current operations and that additional space can be obtained if needed . item 3 . legal proceedings see 201clegal matters 201d in note 18 . contingencies to the consolidated financial statements beginning on page 96 for cme group 2019s litigation disclosure which is incorporated herein by reference. . <table class='wikitable'><tr><td>1</td><td>location</td><td>primary use</td><td>owned/leased</td><td>lease expiration</td><td>approximate size ( in squarefeet ) ( 1 )</td></tr><tr><td>2</td><td>20south wacker drive chicagoillinois</td><td>global headquarters and office space</td><td>leased</td><td>2022 ( 2 )</td><td>490000</td></tr><tr><td>3</td><td>141west jacksonchicago illinois</td><td>chicago trading floor and office space</td><td>owned</td><td>n/a</td><td>1500000 ( 3 )</td></tr><tr><td>4</td><td>550west washingtonchicago illinois</td><td>office space</td><td>leased</td><td>2023</td><td>225000</td></tr><tr><td>5</td><td>onenorth endnew york new york</td><td>new york trading floor and office space</td><td>mixed ( 4 )</td><td>2069</td><td>500000 ( 5 )</td></tr><tr><td>6</td><td>33cannon street london</td><td>office space</td><td>leased</td><td>2019</td><td>14000 ( 6 )</td></tr><tr><td>7</td><td>onenew change london</td><td>office space</td><td>leased</td><td>2026</td><td>40000 ( 7 )</td></tr><tr><td>8</td><td>annexdata centerchicagoland area</td><td>business continuity</td><td>leased</td><td>2014</td><td>100000</td></tr><tr><td>9</td><td>remotedata centerchicagoland area</td><td>business continuity</td><td>leased</td><td>2017</td><td>50000</td></tr><tr><td>10</td><td>datacenter 3chicagoland area</td><td>business continuity and co-location</td><td>owned</td><td>n/a</td><td>430000</td></tr></table> directors in advance for their review . in the event the cbot directors determine in their sole discretion that a proposed rule change will materially impair the business of cbot or the business opportunities of the holders of the cbot memberships , such change must be submitted to a committee comprised of three cbot directors and two cme directors ( as defined in our bylaws ) . in connection with these rights , our ability to take certain actions that we may deem to be in the best interests of the company and its shareholders , including actions relating to the operation of our open outcry trading facilities and certain pricing decisions , may be limited by the rights of our members . item 1b.unresolved staff comments not applicable . item 2 . properties our global headquarters are located in chicago , illinois at 20 south wacker drive . the following is a description of our key locations and facilities . location primary use owned/leased lease expiration approximate size ( in square feet ) ( 1 ) 20 south wacker drive , chicago , illinois global headquarters and office space leased 2022 ( 2 ) 490000 141 west jackson chicago , illinois chicago trading floor and office space owned n/a 1500000 ( 3 ) 550 west washington chicago , illinois office space leased 2023 225000 one north end new york , new york new york trading floor and office space mixed ( 4 ) 2069 500000 ( 5 ) 33 cannon street , london office space leased 2019 14000 ( 6 ) one new change , london office space leased 2026 40000 ( 7 ) annex data center chicagoland area business continuity leased 2014 100000 remote data center chicagoland area business continuity leased 2017 50000 data center 3 chicagoland area business continuity and co-location owned n/a 430000 ( 1 ) size represents the amount of space leased by us unless otherwise noted . ( 2 ) the initial lease expires in 2022 with two consecutive options to extend the term for seven and ten years , respectively . ( 3 ) we occupy approximately 425000 square feet of the 141 west jackson complex . ( 4 ) the one north end property is subject to a ground lease with the battery park city authority for the site of our new york offices and trading facility . in accordance with the terms of the lease , we are deemed to lease the building and its improvements from the landlord . we do not make lease payments to the landlord related to the building and we receive the financial benefit of the rental income . ( 5 ) we occupy approximately 350000 square feet of the one north end building . ( 6 ) we have a termination right effective in the first quarter of 2012 , which we intend to exercise in the first quarter of 2011 . ( 7 ) we expect to occupy the space at one new change in the second quarter of 2011 . we also lease global office space around the world and have also partnered with major global telecommunications carriers in connection with our telecommunications hubs whereby we place data cabinets within the carriers 2019 existing secured data centers . we believe our facilities are adequate for our current operations and that additional space can be obtained if needed . item 3 . legal proceedings see 201clegal matters 201d in note 18 . contingencies to the consolidated financial statements beginning on page 96 for cme group 2019s litigation disclosure which is incorporated herein by reference. . Question: what year does the initial lease expire for the chicago headquarters?
2022.0
Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
royal caribbean cruises ltd . notes to the consolidated financial statements 2014 ( continued ) note 9 . stock-based employee compensation we have four stock-based compensation plans , which provide for awards to our officers , directors and key employees . the plans consist of a 1990 employee stock option plan , a 1995 incentive stock option plan , a 2000 stock award plan , and a 2008 equity plan . the 1990 stock option plan and the 1995 incentive stock option plan terminated by their terms in march 2000 and february 2005 , respectively . the 2000 stock award plan , as amended , and the 2008 equity plan provide for the issuance of ( i ) incentive and non-qualified stock options , ( ii ) stock appreciation rights , ( iii ) restricted stock , ( iv ) restricted stock units and ( v ) up to 13000000 performance shares of our common stock for the 2000 stock award plan and up to 5000000 performance shares of our common stock for the 2008 equity plan . during any calendar year , no one individual shall be granted awards of more than 500000 shares . options and restricted stock units outstanding as of december 31 , 2009 vest in equal installments over four to five years from the date of grant . generally , options and restricted stock units are forfeited if the recipient ceases to be a director or employee before the shares vest . options are granted at a price not less than the fair value of the shares on the date of grant and expire not later than ten years after the date of grant . we also provide an employee stock purchase plan to facilitate the purchase by employees of up to 800000 shares of common stock in the aggregate . offerings to employees are made on a quarterly basis . subject to certain limitations , the purchase price for each share of common stock is equal to 90% ( 90 % ) of the average of the market prices of the common stock as reported on the new york stock exchange on the first business day of the purchase period and the last business day of each month of the purchase period . shares of common stock of 65005 , 36836 and 20759 were issued under the espp at a weighted-average price of $ 12.78 , $ 20.97 and $ 37.25 during 2009 , 2008 and 2007 , respectively . under the chief executive officer 2019s employment agreement we contributed 10086 shares of our common stock quarterly , to a maximum of 806880 shares , to a trust on his behalf . in january 2009 , the employment agreement and related trust agreement were amended . consequently , 768018 shares were distributed from the trust and future quarterly share distributions are issued directly to the chief executive officer . total compensation expenses recognized for employee stock-based compensation for the year ended december 31 , 2009 was $ 16.8 million . of this amount , $ 16.2 million was included within marketing , selling and administrative expenses and $ 0.6 million was included within payroll and related expenses . total compensation expense recognized for employee stock-based compensation for the year ended december 31 , 2008 was $ 5.7 million . of this amount , $ 6.4 million , which included a benefit of approximately $ 8.2 million due to a change in the employee forfeiture rate assumption was included within marketing , selling and administrative expenses and income of $ 0.7 million was included within payroll and related expenses which also included a benefit of approximately $ 1.0 million due to the change in the forfeiture rate . total compensation expenses recognized for employee stock-based compensation for the year ended december 31 , 2007 was $ 19.0 million . of this amount , $ 16.3 million was included within marketing , selling and administrative expenses and $ 2.7 million was included within payroll and related expenses . the fair value of each stock option grant is estimated on the date of grant using the black-scholes option pricing model . the estimated fair value of stock options , less estimated forfeitures , is amortized over the vesting period using the graded-vesting method . the assumptions used in the black-scholes option-pricing model are as follows : expected volatility was based on a combination of historical and implied volatilities . the risk-free interest rate is based on united states treasury zero coupon issues with a remaining term equal to the expected option life assumed at the date of grant . the expected term was calculated based on historical experience and represents the time period options actually remain outstanding . we estimate forfeitures based on historical pre-vesting forfeiture rates and revise those estimates as appropriate to reflect actual experience . in 2008 , we increased our estimated forfeiture rate from 4% ( 4 % ) for options and 8.5% ( 8.5 % ) for restricted stock units to 20% ( 20 % ) to reflect changes in employee retention rates. . <table class='wikitable'><tr><td>1</td><td>-</td><td>2009</td><td>2008</td><td>2007</td></tr><tr><td>2</td><td>dividend yield</td><td>0.0% ( 0.0 % )</td><td>1.9% ( 1.9 % )</td><td>1.3% ( 1.3 % )</td></tr><tr><td>3</td><td>expected stock price volatility</td><td>55.0% ( 55.0 % )</td><td>31.4% ( 31.4 % )</td><td>28.0% ( 28.0 % )</td></tr><tr><td>4</td><td>risk-free interest rate</td><td>1.8% ( 1.8 % )</td><td>2.8% ( 2.8 % )</td><td>4.8% ( 4.8 % )</td></tr><tr><td>5</td><td>expected option life</td><td>5 years</td><td>5 years</td><td>5 years</td></tr></table> . Question: what was the common stock issued during 2009?
65005.0
Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
fidelity national information services , inc . and subsidiaries notes to consolidated financial statements - ( continued ) ( a ) intrinsic value is based on a closing stock price as of december 31 , 2016 of $ 75.64 . the weighted average fair value of options granted during the years ended december 31 , 2016 , 2015 and 2014 was estimated to be $ 9.35 , $ 10.67 and $ 9.15 , respectively , using the black-scholes option pricing model with the assumptions below: . <table class='wikitable'><tr><td>1</td><td>-</td><td>2016</td><td>2015</td><td>2014</td></tr><tr><td>2</td><td>risk free interest rate</td><td>1.2% ( 1.2 % )</td><td>1.4% ( 1.4 % )</td><td>1.4% ( 1.4 % )</td></tr><tr><td>3</td><td>volatility</td><td>20.4% ( 20.4 % )</td><td>21.7% ( 21.7 % )</td><td>21.2% ( 21.2 % )</td></tr><tr><td>4</td><td>dividend yield</td><td>1.6% ( 1.6 % )</td><td>1.6% ( 1.6 % )</td><td>1.6% ( 1.6 % )</td></tr><tr><td>5</td><td>weighted average expected life ( years )</td><td>4.2</td><td>4.2</td><td>4.2</td></tr></table> the company estimates future forfeitures at the time of grant and revises those estimates in subsequent periods if actual forfeitures differ from those estimates . the company bases the risk-free interest rate that is used in the stock option valuation model on u.s . n treasury securities issued with maturities similar to the expected term of the options . the expected stock volatility factor is determined using historical daily price changes of the company's common stock over the most recent period commensurate with the expected term of the option and the impact of any expected trends . the dividend yield assumption is based on the current dividend yield at the grant tt date or management's forecasted expectations . the expected life assumption is determined by calculating the average term from the tt company's historical stock option activity and considering the impact of expected future trends . the company granted a total of 1 million restricted stock shares at prices ranging from $ 56.44 to $ 79.41 on various dates in 2016 . the company granted a total of 1 million restricted stock shares at prices ranging from $ 61.33 to $ 69.33 on various dates in 20t 15 . the company granted a total of 1 million restricted stock shares at prices ranging from $ 52.85 to $ 64.04 on various dates in 2014 . these shares were granted at the closing market price on the date of grant and vest annually over three years . as of december 31 , 2016 and 2015 , we have approximately 3 million and 4 million unvested restricted shares remaining . the december 31 , 2016 balance includes those rsu's converted in connection with the sungard acquisition as noted above . the company has provided for total stock compensation expense of $ 137 million , $ 98 million and $ 56 million for the years ended december 31 , 2016 , 2015 and 2014 , respectively , which is included in selling , general , and administrative expense in the consolidated statements of earnings , unless the expense is attributable to a discontinued operation . of the total stock compensation expense , $ 2 million for 2014 relates to liability based awards that will not be credited to additional paid in capital until issued . total d compensation expense for 2016 and 2015 did not include amounts relating to liability based awards . as of december 31 , 2016 and 2015 , the total unrecognized compensation cost related to non-vested stock awards is $ 141 million and $ 206 million , respectively , which is expected to be recognized in pre-tax income over a weighted average period of 1.4 years and 1.6 years , respectively . german pension plans our german operations have unfunded , defined benefit plan obligations . these obligations relate to benefits to be paid to germanaa employees upon retirement . the accumulated benefit obligation as of december 31 , 2016 and 2015 , was $ 49 million and $ 48 million , respectively , and the projected benefit obligation was $ 50 million and $ 49 million , respectively . the plan remains unfunded as of december 31 , 2016 . ( 15 ) divestitures and discontinued operations on december 7 , 2016 , the company entered into a definitive agreement to sell the sungard public sector and education ( "ps&e" ) businesses for $ 850 million . the transaction included all ps&e solutions , which provide a comprehensive set of technology solutions to address public safety and public administration needs of government entities as well asn the needs of k-12 school districts . the divestiture is consistent with our strategy to serve the financial services markets . we received cash proceeds , net of taxes and transaction-related expenses of approximately $ 500 million . net cash proceeds are expected to be used to reduce outstanding debt ( see note 10 ) . the ps&e businesses are included in the corporate and other segment . the transaction closed on february 1 , 2017 , resulting in an expected pre-tax gain ranging from $ 85 million to $ 90 million that will . Question: as of december 31, 2016, what was the difference between the accumulated benefit obligation and the projected one?
-1.0
Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
asset category target allocation total quoted prices in active markets for identical assets ( level 1 ) significant observable inputs ( level 2 ) significant unobservable inputs . <table class='wikitable'><tr><td>1</td><td>-</td><td>level 3</td></tr><tr><td>2</td><td>balance as of january 1 2018</td><td>$ 278</td></tr><tr><td>3</td><td>actual return on assets</td><td>-23 ( 23 )</td></tr><tr><td>4</td><td>purchases issuances and settlements net</td><td>-25 ( 25 )</td></tr><tr><td>5</td><td>balance as of december 31 2018</td><td>$ 230</td></tr></table> balance as of january 1 , 2017 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 140 actual return on assets . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2 purchases , issuances and settlements , net . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 136 balance as of december 31 , 2017 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 278 the company 2019s postretirement benefit plans have different levels of funded status and the assets are held under various trusts . the investments and risk mitigation strategies for the plans are tailored specifically for each trust . in setting new strategic asset mixes , consideration is given to the likelihood that the selected asset allocation will effectively fund the projected plan liabilities and meet the risk tolerance criteria of the company . the company periodically updates the long-term , strategic asset allocations for these plans through asset liability studies and uses various analytics to determine the optimal asset allocation . considerations include plan liability characteristics , liquidity needs , funding requirements , expected rates of return and the distribution of returns . in 2012 , the company implemented a de-risking strategy for the american water pension plan after conducting an asset-liability study to reduce the volatility of the funded status of the plan . as part of the de-risking strategy , the company revised the asset allocations to increase the matching characteristics of fixed- income assets relative to liabilities . the fixed income portion of the portfolio was designed to match the bond- . Question: what was the actual return on assets times -1? Answer: -23.0 Question: what was the value of purchases issuances and settlements net Answer: -25.0 Question: which value is greater?
yes
Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
marathon oil corporation notes to consolidated financial statements preferred shares 2013 in connection with the acquisition of western discussed in note 6 , the board of directors authorized a class of voting preferred stock consisting of 6 million shares . upon completion of the acquisition , we issued 5 million shares of this voting preferred stock to a trustee , who holds the shares for the benefit of the holders of the exchangeable shares discussed above . each share of voting preferred stock is entitled to one vote on all matters submitted to the holders of marathon common stock . each holder of exchangeable shares may direct the trustee to vote the number of shares of voting preferred stock equal to the number of shares of marathon common stock issuable upon the exchange of the exchangeable shares held by that holder . in no event will the aggregate number of votes entitled to be cast by the trustee with respect to the outstanding shares of voting preferred stock exceed the number of votes entitled to be cast with respect to the outstanding exchangeable shares . except as otherwise provided in our restated certificate of incorporation or by applicable law , the common stock and the voting preferred stock will vote together as a single class in the election of directors of marathon and on all other matters submitted to a vote of stockholders of marathon generally . the voting preferred stock will have no other voting rights except as required by law . other than dividends payable solely in shares of voting preferred stock , no dividend or other distribution , will be paid or payable to the holder of the voting preferred stock . in the event of any liquidation , dissolution or winding up of marathon , the holder of shares of the voting preferred stock will not be entitled to receive any assets of marathon available for distribution to its stockholders . the voting preferred stock is not convertible into any other class or series of the capital stock of marathon or into cash , property or other rights , and may not be redeemed . 26 . leases we lease a wide variety of facilities and equipment under operating leases , including land and building space , office equipment , production facilities and transportation equipment . most long-term leases include renewal options and , in certain leases , purchase options . future minimum commitments for capital lease obligations ( including sale-leasebacks accounted for as financings ) and for operating lease obligations having initial or remaining noncancelable lease terms in excess of one year are as follows : ( in millions ) capital obligations ( a ) operating obligations . <table class='wikitable'><tr><td>1</td><td>( in millions )</td><td>capital lease obligations ( a )</td><td>operating lease obligations</td></tr><tr><td>2</td><td>2009</td><td>$ 40</td><td>$ 181</td></tr><tr><td>3</td><td>2010</td><td>45</td><td>133</td></tr><tr><td>4</td><td>2011</td><td>47</td><td>110</td></tr><tr><td>5</td><td>2012</td><td>60</td><td>100</td></tr><tr><td>6</td><td>2013</td><td>39</td><td>85</td></tr><tr><td>7</td><td>later years</td><td>426</td><td>379</td></tr><tr><td>8</td><td>sublease rentals</td><td>2013</td><td>-21 ( 21 )</td></tr><tr><td>9</td><td>total minimum lease payments</td><td>$ 657</td><td>$ 967</td></tr><tr><td>10</td><td>less imputed interest costs</td><td>-198 ( 198 )</td><td>-</td></tr><tr><td>11</td><td>present value of net minimum lease payments</td><td>$ 459</td><td>-</td></tr></table> ( a ) capital lease obligations includes $ 335 million related to assets under construction as of december 31 , 2008 . these leases are currently reported in long-term debt based on percentage of construction completed at $ 126 million . in connection with past sales of various plants and operations , we assigned and the purchasers assumed certain leases of major equipment used in the divested plants and operations of united states steel . in the event of a default by any of the purchasers , united states steel has assumed these obligations ; however , we remain primarily obligated for payments under these leases . minimum lease payments under these operating lease obligations of $ 21 million have been included above and an equal amount has been reported as sublease rentals . of the $ 459 million present value of net minimum capital lease payments , $ 69 million was related to obligations assumed by united states steel under the financial matters agreement. . Question: as of december 31, 2008, what would have been, in millions, the total undiscounted minimum capital lease obligations excluding the assets under construction? Answer: 322.0 Question: and what percentage of that construction is already completed?
0.37612
Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
performance graph comparison of five-year cumulative total return the following graph and table compare the cumulative total return on citi 2019s common stock , which is listed on the nyse under the ticker symbol 201cc 201d and held by 77787 common stockholders of record as of january 31 , 2017 , with the cumulative total return of the s&p 500 index and the s&p financial index over the five-year period through december 31 , 2016 . the graph and table assume that $ 100 was invested on december 31 , 2011 in citi 2019s common stock , the s&p 500 index and the s&p financial index , and that all dividends were reinvested . comparison of five-year cumulative total return for the years ended date citi s&p 500 financials . <table class='wikitable'><tr><td>1</td><td>date</td><td>citi</td><td>s&p 500</td><td>s&p financials</td></tr><tr><td>2</td><td>31-dec-2011</td><td>100.0</td><td>100.0</td><td>100.0</td></tr><tr><td>3</td><td>31-dec-2012</td><td>150.6</td><td>116.0</td><td>128.8</td></tr><tr><td>4</td><td>31-dec-2013</td><td>198.5</td><td>153.6</td><td>174.7</td></tr><tr><td>5</td><td>31-dec-2014</td><td>206.3</td><td>174.6</td><td>201.3</td></tr><tr><td>6</td><td>31-dec-2015</td><td>197.8</td><td>177.0</td><td>198.2</td></tr><tr><td>7</td><td>31-dec-2016</td><td>229.3</td><td>198.2</td><td>243.4</td></tr></table> . Question: what was the difference in the share price for citi between 12/31/16 and 12/31/11? Answer: 129.3 Question: and the difference in share price for s&p500 during this time? Answer: 98.2 Question: so what was the proportion of price change for citi to the price change for s&p500?
1.3167
Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
notes to consolidated financial statements 2014 ( continued ) in connection with these discover related purchases , we have sold the contractual rights to future commissions on discover transactions to certain of our isos . contractual rights sold totaled $ 7.6 million during the year ended may 31 , 2008 and $ 1.0 million during fiscal 2009 . such sale proceeds are generally collected in installments over periods ranging from three to nine months . during fiscal 2009 , we collected $ 4.4 million of such proceeds , which are included in the proceeds from sale of investment and contractual rights in our consolidated statement of cash flows . we do not recognize gains on these sales of contractual rights at the time of sale . proceeds are deferred and recognized as a reduction of the related commission expense . during fiscal 2009 , we recognized $ 1.2 million of such deferred sales proceeds as other long-term liabilities . other 2008 acquisitions during fiscal 2008 , we acquired a majority of the assets of euroenvios money transfer , s.a . and euroenvios conecta , s.l. , which we collectively refer to as lfs spain . lfs spain consisted of two privately- held corporations engaged in money transmittal and ancillary services from spain to settlement locations primarily in latin america . the purpose of the acquisition was to further our strategy of expanding our customer base and market share by opening additional branch locations . during fiscal 2008 , we acquired a series of money transfer branch locations in the united states . the purpose of these acquisitions was to increase the market presence of our dolex-branded money transfer offering . the following table summarizes the preliminary purchase price allocations of all these fiscal 2008 business acquisitions ( in thousands ) : . <table class='wikitable'><tr><td>1</td><td>-</td><td>total</td></tr><tr><td>2</td><td>goodwill</td><td>$ 13536</td></tr><tr><td>3</td><td>customer-related intangible assets</td><td>4091</td></tr><tr><td>4</td><td>contract-based intangible assets</td><td>1031</td></tr><tr><td>5</td><td>property and equipment</td><td>267</td></tr><tr><td>6</td><td>other current assets</td><td>502</td></tr><tr><td>7</td><td>total assets acquired</td><td>19427</td></tr><tr><td>8</td><td>current liabilities</td><td>-2347 ( 2347 )</td></tr><tr><td>9</td><td>minority interest in equity of subsidiary ( at historical cost )</td><td>-486 ( 486 )</td></tr><tr><td>10</td><td>net assets acquired</td><td>$ 16594</td></tr></table> the customer-related intangible assets have amortization periods of up to 14 years . the contract-based intangible assets have amortization periods of 3 to 10 years . these business acquisitions were not significant to our consolidated financial statements and accordingly , we have not provided pro forma information relating to these acquisitions . in addition , during fiscal 2008 , we acquired a customer list and long-term merchant referral agreement in our canadian merchant services channel for $ 1.7 million . the value assigned to the customer list of $ 0.1 million was expensed immediately . the remaining value was assigned to the merchant referral agreement and is being amortized on a straight-line basis over its useful life of 10 years . fiscal 2007 on july 24 , 2006 , we completed the purchase of a fifty-six percent ownership interest in the asia-pacific merchant acquiring business of the hongkong and shanghai banking corporation limited , or hsbc asia pacific . this business provides card payment processing services to merchants in the asia-pacific region . the . Question: in the year of 2008, what were the preliminary purchase price allocations related to contract-based intangible assets, in thousands? Answer: 1031.0 Question: and considering its amortization period, what was their average annual amortization expense?
103.1
Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
american tower corporation and subsidiaries notes to consolidated financial statements 2014 ( continued ) from december 1 through may 31 of each year . during the 2008 , 2007 and 2006 offering periods employees purchased 55764 , 48886 and 53210 shares , respectively , at weighted average prices per share of $ 30.08 , $ 33.93 and $ 24.98 , respectively . the fair value of the espp offerings is estimated on the offering period commencement date using a black-scholes pricing model with the expense recognized over the expected life , which is the six month offering period over which employees accumulate payroll deductions to purchase the company 2019s common stock . the weighted average fair value for the espp shares purchased during 2008 , 2007 and 2006 were $ 7.89 , $ 9.09 and $ 6.79 , respectively . at december 31 , 2008 , 8.8 million shares remain reserved for future issuance under the plan . key assumptions used to apply this pricing model for the years ended december 31 , are as follows: . <table class='wikitable'><tr><td>1</td><td>-</td><td>2008</td><td>2007</td><td>2006</td></tr><tr><td>2</td><td>range of risk free interest rates</td><td>1.99% ( 1.99 % ) 20143.28% ( 20143.28 % )</td><td>4.98% ( 4.98 % ) 20145.05% ( 20145.05 % )</td><td>5.01% ( 5.01 % ) 20145.17% ( 20145.17 % )</td></tr><tr><td>3</td><td>weighted average risk-free interest rate</td><td>2.58% ( 2.58 % )</td><td>5.02% ( 5.02 % )</td><td>5.08% ( 5.08 % )</td></tr><tr><td>4</td><td>expected life of the shares</td><td>6 months</td><td>6 months</td><td>6 months</td></tr><tr><td>5</td><td>range of expected volatility of underlying stock price</td><td>27.85% ( 27.85 % ) 201428.51% ( 201428.51 % )</td><td>27.53% ( 27.53 % ) 201428.74% ( 201428.74 % )</td><td>29.60% ( 29.60 % )</td></tr><tr><td>6</td><td>weighted average expected volatility of underlying stock price</td><td>28.51% ( 28.51 % )</td><td>28.22% ( 28.22 % )</td><td>29.60% ( 29.60 % )</td></tr><tr><td>7</td><td>expected annual dividends</td><td>n/a</td><td>n/a</td><td>n/a</td></tr></table> 13 . stockholders 2019 equity warrants 2014in january 2003 , the company issued warrants to purchase approximately 11.4 million shares of its common stock in connection with an offering of 808000 units , each consisting of $ 1000 principal amount at maturity of ati 12.25% ( 12.25 % ) senior subordinated discount notes due 2008 and a warrant to purchase 14.0953 shares of the company 2019s common stock . these warrants became exercisable on january 29 , 2006 at an exercise price of $ 0.01 per share . as these warrants expired on august 1 , 2008 , none were outstanding as of december 31 , in august 2005 , the company completed its merger with spectrasite , inc . and assumed outstanding warrants to purchase shares of spectrasite , inc . common stock . as of the merger completion date , each warrant was exercisable for two shares of spectrasite , inc . common stock at an exercise price of $ 32 per warrant . upon completion of the merger , each warrant to purchase shares of spectrasite , inc . common stock automatically converted into a warrant to purchase shares of the company 2019s common stock , such that upon exercise of each warrant , the holder has a right to receive 3.575 shares of the company 2019s common stock in lieu of each share of spectrasite , inc . common stock that would have been receivable under each assumed warrant prior to the merger . upon completion of the company 2019s merger with spectrasite , inc. , these warrants were exercisable for approximately 6.8 million shares of common stock . of these warrants , warrants to purchase approximately 1.8 million and 2.0 million shares of common stock remained outstanding as of december 31 , 2008 and 2007 , respectively . these warrants will expire on february 10 , 2010 . stock repurchase programs 2014during the year ended december 31 , 2008 , the company repurchased an aggregate of approximately 18.3 million shares of its common stock for an aggregate of $ 697.1 million , including commissions and fees , pursuant to its publicly announced stock repurchase programs , as described below. . Question: what was the change in value of the weighted average risk-free interest rate between 2007 and 2008? Answer: -2.44 Question: what is the percent change?
-0.48606
Read the following texts and table with financial data from an S&P 500 earnings report 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 the valuation allowance increased from $ 47.8 million as of december 31 , 2009 to $ 48.2 million as of december 31 , 2010 . the increase was primarily due to valuation allowances on foreign loss carryforwards . at december 31 , 2010 , the company has provided a valuation allowance of approximately $ 48.2 million which primarily relates to state net operating loss carryforwards , equity investments and foreign items . the company has not provided a valuation allowance for the remaining deferred tax assets , primarily its federal net operating loss carryforwards , as management believes the company will have sufficient taxable income to realize these federal net operating loss carryforwards during the twenty-year tax carryforward period . valuation allowances may be reversed if related deferred tax assets are deemed realizable based on changes in facts and circumstances relevant to the assets 2019 recoverability . the recoverability of the company 2019s remaining net deferred tax asset has been assessed utilizing projections based on its current operations . the projections show a significant decrease in depreciation in the later years of the carryforward period as a result of a significant portion of its assets being fully depreciated during the first fifteen years of the carryforward period . accordingly , the recoverability of the net deferred tax asset is not dependent on material improvements to operations , material asset sales or other non-routine transactions . based on its current outlook of future taxable income during the carryforward period , management believes that the net deferred tax asset will be realized . the company 2019s deferred tax assets as of december 31 , 2010 and 2009 in the table above do not include $ 122.1 million and $ 113.9 million , respectively , of excess tax benefits from the exercises of employee stock options that are a component of net operating losses . total stockholders 2019 equity as of december 31 , 2010 will be increased by $ 122.1 million if and when any such excess tax benefits are ultimately realized . at december 31 , 2010 , the company had net federal and state operating loss carryforwards available to reduce future federal and state taxable income of approximately $ 1.2 billion , including losses related to employee stock options of $ 0.3 billion . if not utilized , the company 2019s net operating loss carryforwards expire as follows ( in thousands ) : . <table class='wikitable'><tr><td>1</td><td>years ended december 31,</td><td>federal</td><td>state</td><td>foreign</td></tr><tr><td>2</td><td>2011 to 2015</td><td>$ 2014</td><td>$ 2014</td><td>$ 503</td></tr><tr><td>3</td><td>2016 to 2020</td><td>2014</td><td>331315</td><td>5509</td></tr><tr><td>4</td><td>2021 to 2025</td><td>774209</td><td>576780</td><td>2014</td></tr><tr><td>5</td><td>2026 to 2030</td><td>423398</td><td>279908</td><td>92412</td></tr><tr><td>6</td><td>total</td><td>$ 1197607</td><td>$ 1188003</td><td>$ 98424</td></tr></table> in addition , the company has mexican tax credits of $ 5.2 million which if not utilized would expire in 2017. . Question: what was the total value of federal operating loss carryforwards? Answer: 1197607.0 Question: what was the total value of state operating loss carryforwards? Answer: 1188003.0 Question: what is the sum of federal and state operating loss carryforwards? Answer: 2385610.0 Question: what is the sum of federal, state, and foreign operating loss carryforwards?
2484034.0
Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
contributions and expected benefit payments the funding of our qualified defined benefit pension plans is determined in accordance with erisa , as amended by the ppa , and in a manner consistent with cas and internal revenue code rules . there were no contributions to our legacy qualified defined benefit pension plans during 2016 . we do not plan to make contributions to our legacy pension plans in 2017 because none are required using current assumptions including investment returns on plan assets . we made $ 23 million in contributions during 2016 to our newly established sikorsky pension plan and expect to make $ 45 million in contributions to this plan during 2017 . the following table presents estimated future benefit payments , which reflect expected future employee service , as of december 31 , 2016 ( in millions ) : . <table class='wikitable'><tr><td>1</td><td>-</td><td>2017</td><td>2018</td><td>2019</td><td>2020</td><td>2021</td><td>2022 2013 2026</td></tr><tr><td>2</td><td>qualified defined benefit pension plans</td><td>$ 2260</td><td>$ 2340</td><td>$ 2420</td><td>$ 2510</td><td>$ 2590</td><td>$ 13920</td></tr><tr><td>3</td><td>retiree medical and life insurance plans</td><td>180</td><td>180</td><td>190</td><td>190</td><td>190</td><td>870</td></tr></table> defined contribution plans we maintain a number of defined contribution plans , most with 401 ( k ) features , that cover substantially all of our employees . under the provisions of our 401 ( k ) plans , we match most employees 2019 eligible contributions at rates specified in the plan documents . our contributions were $ 617 million in 2016 , $ 393 million in 2015 and $ 385 million in 2014 , the majority of which were funded in our common stock . our defined contribution plans held approximately 36.9 million and 40.0 million shares of our common stock as of december 31 , 2016 and 2015 . note 12 2013 stockholders 2019 equity at december 31 , 2016 and 2015 , our authorized capital was composed of 1.5 billion shares of common stock and 50 million shares of series preferred stock . of the 290 million shares of common stock issued and outstanding as of december 31 , 2016 , 289 million shares were considered outstanding for consolidated balance sheet presentation purposes ; the remaining shares were held in a separate trust . of the 305 million shares of common stock issued and outstanding as of december 31 , 2015 , 303 million shares were considered outstanding for consolidated balance sheet presentation purposes ; the remaining shares were held in a separate trust . no shares of preferred stock were issued and outstanding at december 31 , 2016 or 2015 . repurchases of common stock during 2016 , we repurchased 8.9 million shares of our common stock for $ 2.1 billion . during 2015 and 2014 , we paid $ 3.1 billion and $ 1.9 billion to repurchase 15.2 million and 11.5 million shares of our common stock . on september 22 , 2016 , our board of directors approved a $ 2.0 billion increase to our share repurchase program . inclusive of this increase , the total remaining authorization for future common share repurchases under our program was $ 3.5 billion as of december 31 , 2016 . as we repurchase our common shares , we reduce common stock for the $ 1 of par value of the shares repurchased , with the excess purchase price over par value recorded as a reduction of additional paid-in capital . due to the volume of repurchases made under our share repurchase program , additional paid-in capital was reduced to zero , with the remainder of the excess purchase price over par value of $ 1.7 billion and $ 2.4 billion recorded as a reduction of retained earnings in 2016 and 2015 . we paid dividends totaling $ 2.0 billion ( $ 6.77 per share ) in 2016 , $ 1.9 billion ( $ 6.15 per share ) in 2015 and $ 1.8 billion ( $ 5.49 per share ) in 2014 . we have increased our quarterly dividend rate in each of the last three years , including a 10% ( 10 % ) increase in the quarterly dividend rate in the fourth quarter of 2016 . we declared quarterly dividends of $ 1.65 per share during each of the first three quarters of 2016 and $ 1.82 per share during the fourth quarter of 2016 ; $ 1.50 per share during each of the first three quarters of 2015 and $ 1.65 per share during the fourth quarter of 2015 ; and $ 1.33 per share during each of the first three quarters of 2014 and $ 1.50 per share during the fourth quarter of 2014. . Question: what was the total dividends paid in 2016?
2.0
Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
five-year stock performance graph the graph below illustrates the cumulative total shareholder return on snap-on common stock since december 31 , 2007 , assuming that dividends were reinvested . the graph compares snap-on 2019s performance to that of the standard & poor 2019s 500 stock index ( 201cs&p 500 201d ) and a peer group . snap-on incorporated total shareholder return ( 1 ) fiscal year ended ( 2 ) snap-on incorporated peer group ( 3 ) s&p 500 . <table class='wikitable'><tr><td>1</td><td>fiscal year ended ( 2 )</td><td>snap-onincorporated</td><td>peer group ( 3 )</td><td>s&p 500</td></tr><tr><td>2</td><td>december 31 2007</td><td>$ 100.00</td><td>$ 100.00</td><td>$ 100.00</td></tr><tr><td>3</td><td>december 31 2008</td><td>83.66</td><td>66.15</td><td>63.00</td></tr><tr><td>4</td><td>december 31 2009</td><td>93.20</td><td>84.12</td><td>79.67</td></tr><tr><td>5</td><td>december 31 2010</td><td>128.21</td><td>112.02</td><td>91.67</td></tr><tr><td>6</td><td>december 31 2011</td><td>117.47</td><td>109.70</td><td>93.61</td></tr><tr><td>7</td><td>december 31 2012</td><td>187.26</td><td>129.00</td><td>108.59</td></tr></table> ( 1 ) assumes $ 100 was invested on december 31 , 2007 , and that dividends were reinvested quarterly . ( 2 ) the company's fiscal year ends on the saturday that is on or nearest to december 31 of each year ; for ease of calculation , the fiscal year end is assumed to be december 31 . ( 3 ) the peer group consists of : stanley black & decker , inc. , danaher corporation , emerson electric co. , genuine parts company , newell rubbermaid inc. , pentair ltd. , spx corporation and w.w . grainger , inc . cooper industries plc , a former member of the peer group , was removed , as it was acquired by a larger , non-comparable company in 2012 . 2012 annual report 23 snap-on incorporated peer group s&p 500 2007 2008 201120102009 2012 . Question: what is the value of the investment in snap-onincorporated in 2008? Answer: 83.66 Question: what is the net change in value? Answer: -16.34 Question: what percentage change does this represent?
-0.1634
Read the following texts and table with financial data from an S&P 500 earnings report 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 138 jpmorgan chase & co./2013 annual report the credit derivatives used in credit portfolio management activities do not qualify for hedge accounting under u.s . gaap ; these derivatives are reported at fair value , with gains and losses recognized in principal transactions revenue . in contrast , the loans and lending-related commitments being risk-managed are accounted for on an accrual basis . this asymmetry in accounting treatment , between loans and lending-related commitments and the credit derivatives used in credit portfolio management activities , causes earnings volatility that is not representative , in the firm 2019s view , of the true changes in value of the firm 2019s overall credit exposure . the effectiveness of the firm 2019s credit default swap ( 201ccds 201d ) protection as a hedge of the firm 2019s exposures may vary depending on a number of factors , including the named reference entity ( i.e. , the firm may experience losses on specific exposures that are different than the named reference entities in the purchased cds ) , and the contractual terms of the cds ( which may have a defined credit event that does not align with an actual loss realized by the firm ) and the maturity of the firm 2019s cds protection ( which in some cases may be shorter than the firm 2019s exposures ) . however , the firm generally seeks to purchase credit protection with a maturity date that is the same or similar to the maturity date of the exposure for which the protection was purchased , and remaining differences in maturity are actively monitored and managed by the firm . credit portfolio hedges the following table sets out the fair value related to the firm 2019s credit derivatives used in credit portfolio management activities , the fair value related to the cva ( which reflects the credit quality of derivatives counterparty exposure ) , as well as certain other hedges used in the risk management of cva . these results can vary from period-to- period due to market conditions that affect specific positions in the portfolio . net gains and losses on credit portfolio hedges year ended december 31 , ( in millions ) 2013 2012 2011 hedges of loans and lending- related commitments $ ( 142 ) $ ( 163 ) $ ( 32 ) . <table class='wikitable'><tr><td>1</td><td>year ended december 31 ( in millions )</td><td>2013</td><td>2012</td><td>2011</td></tr><tr><td>2</td><td>hedges of loans and lending-related commitments</td><td>$ -142 ( 142 )</td><td>$ -163 ( 163 )</td><td>$ -32 ( 32 )</td></tr><tr><td>3</td><td>cva and hedges of cva</td><td>-130 ( 130 )</td><td>127</td><td>-769 ( 769 )</td></tr><tr><td>4</td><td>net gains/ ( losses )</td><td>$ -272 ( 272 )</td><td>$ -36 ( 36 )</td><td>$ -801 ( 801 )</td></tr></table> community reinvestment act exposure the community reinvestment act ( 201ccra 201d ) encourages banks to meet the credit needs of borrowers in all segments of their communities , including neighborhoods with low or moderate incomes . the firm is a national leader in community development by providing loans , investments and community development services in communities across the united states . at december 31 , 2013 and 2012 , the firm 2019s cra loan portfolio was approximately $ 18 billion and $ 16 billion , respectively . at december 31 , 2013 and 2012 , 50% ( 50 % ) and 62% ( 62 % ) , respectively , of the cra portfolio were residential mortgage loans ; 26% ( 26 % ) and 13% ( 13 % ) , respectively , were commercial real estate loans ; 16% ( 16 % ) and 18% ( 18 % ) , respectively , were business banking loans ; and 8% ( 8 % ) and 7% ( 7 % ) , respectively , were other loans . cra nonaccrual loans were 3% ( 3 % ) and 4% ( 4 % ) , respectively , of the firm 2019s total nonaccrual loans . for the years ended december 31 , 2013 and 2012 , net charge-offs in the cra portfolio were 1% ( 1 % ) and 3% ( 3 % ) , respectively , of the firm 2019s net charge-offs in both years. . Question: how much did the firm 2019s cra loan portfolio in 2013 represent in relation to the one in 2012?
1.125
Read the following texts and table with financial data from an S&P 500 earnings report 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 authorized costs of $ 76 are to be recovered via a surcharge over a twenty-year period beginning october 2012 . surcharges collected as of december 31 , 2015 and 2014 were $ 4 and $ 5 , respectively . in addition to the authorized costs , the company expects to incur additional costs totaling $ 34 , which will be recovered from contributions made by the california state coastal conservancy . contributions collected as of december 31 , 2015 and 2014 were $ 8 and $ 5 , respectively . regulatory balancing accounts accumulate differences between revenues recognized and authorized revenue requirements until they are collected from customers or are refunded . regulatory balancing accounts include low income programs and purchased power and water accounts . debt expense is amortized over the lives of the respective issues . call premiums on the redemption of long- term debt , as well as unamortized debt expense , are deferred and amortized to the extent they will be recovered through future service rates . purchase premium recoverable through rates is primarily the recovery of the acquisition premiums related to an asset acquisition by the company 2019s california subsidiary during 2002 , and acquisitions in 2007 by the company 2019s new jersey subsidiary . as authorized for recovery by the california and new jersey pucs , these costs are being amortized to depreciation and amortization in the consolidated statements of operations through november 2048 . tank painting costs are generally deferred and amortized to operations and maintenance expense in the consolidated statements of operations on a straight-line basis over periods ranging from five to fifteen years , as authorized by the regulatory authorities in their determination of rates charged for service . other regulatory assets include certain deferred business transformation costs , construction costs for treatment facilities , property tax stabilization , employee-related costs , business services project expenses , coastal water project costs , rate case expenditures and environmental remediation costs among others . these costs are deferred because the amounts are being recovered in rates or are probable of recovery through rates in future periods . regulatory liabilities the regulatory liabilities generally represent probable future reductions in revenues associated with amounts that are to be credited or refunded to customers through the rate-making process . the following table summarizes the composition of regulatory liabilities as of december 31: . <table class='wikitable'><tr><td>1</td><td>-</td><td>2015</td><td>2014</td></tr><tr><td>2</td><td>removal costs recovered through rates</td><td>$ 311</td><td>$ 301</td></tr><tr><td>3</td><td>pension and other postretirement benefitbalancing accounts</td><td>59</td><td>54</td></tr><tr><td>4</td><td>other</td><td>32</td><td>37</td></tr><tr><td>5</td><td>total regulatory liabilities</td><td>$ 402</td><td>$ 392</td></tr></table> removal costs recovered through rates are estimated costs to retire assets at the end of their expected useful life that are recovered through customer rates over the life of the associated assets . in december 2008 , the company 2019s subsidiary in new jersey , at the direction of the new jersey puc , began to depreciate $ 48 of the total balance into depreciation and amortization expense in the consolidated statements of operations via straight line amortization through november 2048 . pension and other postretirement benefit balancing accounts represent the difference between costs incurred and costs authorized by the puc 2019s that are expected to be refunded to customers. . Question: what was the total of removal costs in 2015? Answer: 311.0 Question: and what was it in 2014? Answer: 301.0 Question: what was, then, the change over the year? Answer: 10.0 Question: and what is this change as a portion of the 2014 total? Answer: 0.03322 Question: and in that year of 2015, what amount from the additional costs from the california state coastal conservancy was awk expected to collect? Answer: 8.0 Question: what was the total of those additional costs?
34.0
Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
american tower corporation and subsidiaries notes to consolidated financial statements 2014 ( continued ) pro forma disclosure 2014the company has adopted the disclosure-only provisions of sfas no . 123 , as amended by sfas no . 148 , and has presented such disclosure in note 1 . the 201cfair value 201d of each option grant is estimated on the date of grant using the black-scholes option pricing model . the weighted average fair values of the company 2019s options granted during 2004 , 2003 and 2002 were $ 7.05 , $ 6.32 , and $ 2.23 per share , respectively . key assumptions used to apply this pricing model are as follows: . <table class='wikitable'><tr><td>1</td><td>-</td><td>2004</td><td>2003</td><td>2002</td></tr><tr><td>2</td><td>approximate risk-free interest rate</td><td>4.23% ( 4.23 % )</td><td>4.00% ( 4.00 % )</td><td>4.53% ( 4.53 % )</td></tr><tr><td>3</td><td>expected life of option grants</td><td>4 years</td><td>4 years</td><td>5 years</td></tr><tr><td>4</td><td>expected volatility of underlying stock ( the company plan )</td><td>80.6% ( 80.6 % )</td><td>86.6% ( 86.6 % )</td><td>92.3% ( 92.3 % )</td></tr><tr><td>5</td><td>expected volatility of underlying stock ( atc mexico and atc south america plans )</td><td>n/a</td><td>n/a</td><td>n/a</td></tr><tr><td>6</td><td>expected dividends</td><td>n/a</td><td>n/a</td><td>n/a</td></tr></table> voluntary option exchanges 2014in february 2004 , the company issued to eligible employees 1032717 options with an exercise price of $ 11.19 per share , the fair market value of the class a common stock on the date of grant . these options were issued in connection with a voluntary option exchange program entered into by the company in august 2003 , where the company accepted for surrender and cancelled options ( having an exercise price of $ 10.25 or greater ) to purchase 1831981 shares of its class a common stock . the program , which was offered to both full and part-time employees , excluding the company 2019s executive officers and its directors , called for the grant ( at least six months and one day from the surrender date to employees still employed on that date ) of new options exercisable for two shares of class a common stock for every three shares of class a common stock issuable upon exercise of a surrendered option . no options were granted to any employees who participated in the exchange offer between the cancellation date and the new grant date . in may 2002 , the company issued to eligible employees 2027612 options with an exercise price of $ 3.84 per share , the fair market value of the class a common stock on the date of grant . these options were issued in connection with a voluntary option exchange program entered into by the company in october 2001 , where the company accepted for surrender and cancelled options to purchase 3471211 shares of its class a common stock . the program , which was offered to both full and part-time employees , excluding most of the company 2019s executive officers , called for the grant ( at least six months and one day from the surrender date to employees still employed on that date ) of new options exercisable for two shares of class a common stock for every three shares of class a common stock issuable upon exercise of a surrendered option . no options were granted to any employees who participated in the exchange offer between the cancellation date and the new grant date . atc mexico holding stock option plan 2014the company maintains a stock option plan in its atc mexico subsidiary ( atc mexico plan ) . the atc mexico plan provides for the issuance of options to officers , employees , directors and consultants of atc mexico . the atc mexico plan limits the number of shares of common stock which may be granted to an aggregate of 360 shares , subject to adjustment based on changes in atc mexico 2019s capital structure . during 2002 , atc mexico granted options to purchase 318 shares of atc mexico common stock to officers and employees . such options were issued at one time with an exercise price of $ 10000 per share . the exercise price per share was at fair market value as determined by the board of directors with the assistance of an independent appraisal performed at the company 2019s request . the fair value of atc mexico plan options granted during 2002 were $ 3611 per share as determined by using the black-scholes option pricing model . as described in note 10 , all outstanding options were exercised in march 2004 . no options under the atc mexico plan were granted in 2004 or 2003 , or exercised or cancelled in 2003 or 2002 , and no options were exercisable as of december 31 , 2003 or 2002 . ( see note 10. ) . Question: what was the net change in risk-free rate from 2003 to 2004?
0.23
Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
item 7 . management 2019s discussion and analysis of financial condition and results of operations the following discussion and analysis is based primarily on the consolidated financial statements of welltower inc . presented in conformity with u.s . generally accepted accounting principles ( 201cu.s . gaap 201d ) for the periods presented and should be read together with the notes thereto contained in this annual report on form 10-k . other important factors are identified in 201citem 1 2014 business 201d and 201citem 1a 2014 risk factors 201d above . executive summary company overview welltower inc . ( nyse:well ) , an s&p 500 company headquartered in toledo , ohio , is driving the transformation of health care infrastructure . the company invests with leading seniors housing operators , post- acute providers and health systems to fund the real estate and infrastructure needed to scale innovative care delivery models and improve people 2019s wellness and overall health care experience . welltowertm , a real estate investment trust ( 201creit 201d ) , owns interests in properties concentrated in major , high-growth markets in the united states ( 201cu.s . 201d ) , canada and the united kingdom ( 201cu.k . 201d ) , consisting of seniors housing and post-acute communities and outpatient medical properties . our capital programs , when combined with comprehensive planning , development and property management services , make us a single-source solution for acquiring , planning , developing , managing , repositioning and monetizing real estate assets . the following table summarizes our consolidated portfolio for the year ended december 31 , 2017 ( dollars in thousands ) : type of property noi ( 1 ) percentage of number of properties . <table class='wikitable'><tr><td>1</td><td>type of property</td><td>noi ( 1 )</td><td>percentage of noi</td><td>number of properties</td></tr><tr><td>2</td><td>triple-net</td><td>$ 967084</td><td>43.3% ( 43.3 % )</td><td>573</td></tr><tr><td>3</td><td>seniors housing operating</td><td>880026</td><td>39.5% ( 39.5 % )</td><td>443</td></tr><tr><td>4</td><td>outpatient medical</td><td>384068</td><td>17.2% ( 17.2 % )</td><td>270</td></tr><tr><td>5</td><td>totals</td><td>$ 2231178</td><td>100.0% ( 100.0 % )</td><td>1286</td></tr></table> ( 1 ) represents consolidated noi and excludes our share of investments in unconsolidated entities . entities in which we have a joint venture with a minority partner are shown at 100% ( 100 % ) of the joint venture amount . see non-gaap financial measures for additional information and reconciliation . business strategy our primary objectives are to protect stockholder capital and enhance stockholder value . we seek to pay consistent cash dividends to stockholders and create opportunities to increase dividend payments to stockholders as a result of annual increases in net operating income and portfolio growth . to meet these objectives , we invest across the full spectrum of seniors housing and health care real estate and diversify our investment portfolio by property type , relationship and geographic location . substantially all of our revenues are derived from operating lease rentals , resident fees/services , and interest earned on outstanding loans receivable . these items represent our primary sources of liquidity to fund distributions and depend upon the continued ability of our obligors to make contractual rent and interest payments to us and the profitability of our operating properties . to the extent that our obligors/partners experience operating difficulties and become unable to generate sufficient cash to make payments or operating distributions to us , there could be a material adverse impact on our consolidated results of operations , liquidity and/or financial condition . to mitigate this risk , we monitor our investments through a variety of methods determined by the type of property . our asset management process for seniors housing properties generally includes review of monthly financial statements and other operating data for each property , review of obligor/ partner creditworthiness , property inspections , and review of covenant compliance relating to licensure , real estate taxes , letters of credit and other collateral . our internal property management division manages and monitors the outpatient medical portfolio with a comprehensive process including review of tenant relations . Question: what was the total number of properties subject to triple-net leases and seniors housing operating housing? Answer: 1016.0 Question: what was the portion of the total number of properties is related to triple-net?
0.44557
Read the following texts and table with financial data from an S&P 500 earnings report 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 ( continued ) liquidity and capital resources snap-on 2019s growth has historically been funded by a combination of cash provided by operating activities and debt financing . snap-on believes that its cash from operations and collections of finance receivables , coupled with its sources of borrowings and available cash on hand , are sufficient to fund its currently anticipated requirements for payments of interest and dividends , new loans originated by our financial services businesses , capital expenditures , working capital , restructuring activities , the funding of pension plans , and funding for additional share repurchases and acquisitions , if any . due to snap-on 2019s credit rating over the years , external funds have been available at an acceptable cost . as of the close of business on february 8 , 2013 , snap-on 2019s long-term debt and commercial paper were rated , respectively , baa1 and p-2 by moody 2019s investors service ; a- and a-2 by standard & poor 2019s ; and a- and f2 by fitch ratings . snap-on believes that its current credit arrangements are sound and that the strength of its balance sheet affords the company the financial flexibility to respond to both internal growth opportunities and those available through acquisitions . however , snap-on cannot provide any assurances of the availability of future financing or the terms on which it might be available , or that its debt ratings may not decrease . the following discussion focuses on information included in the accompanying consolidated balance sheets . as of 2012 year end , working capital ( current assets less current liabilities ) of $ 1079.8 million increased $ 132.9 million from $ 946.9 million at 2011 year end . the following represents the company 2019s working capital position as of 2012 and 2011 year end : ( amounts in millions ) 2012 2011 . <table class='wikitable'><tr><td>1</td><td>( amounts in millions )</td><td>2012</td><td>2011</td></tr><tr><td>2</td><td>cash and cash equivalents</td><td>$ 214.5</td><td>$ 185.6</td></tr><tr><td>3</td><td>trade and other accounts receivable 2013 net</td><td>497.9</td><td>463.5</td></tr><tr><td>4</td><td>finance receivables 2013 net</td><td>323.1</td><td>277.2</td></tr><tr><td>5</td><td>contract receivables 2013 net</td><td>62.7</td><td>49.7</td></tr><tr><td>6</td><td>inventories 2013 net</td><td>404.2</td><td>386.4</td></tr><tr><td>7</td><td>other current assets</td><td>166.6</td><td>168.3</td></tr><tr><td>8</td><td>total current assets</td><td>1669.0</td><td>1530.7</td></tr><tr><td>9</td><td>notes payable</td><td>-5.2 ( 5.2 )</td><td>-16.2 ( 16.2 )</td></tr><tr><td>10</td><td>accounts payable</td><td>-142.5 ( 142.5 )</td><td>-124.6 ( 124.6 )</td></tr><tr><td>11</td><td>other current liabilities</td><td>-441.5 ( 441.5 )</td><td>-443.0 ( 443.0 )</td></tr><tr><td>12</td><td>total current liabilities</td><td>-589.2 ( 589.2 )</td><td>-583.8 ( 583.8 )</td></tr><tr><td>13</td><td>working capital</td><td>$ 1079.8</td><td>$ 946.9</td></tr></table> cash and cash equivalents of $ 214.5 million as of 2012 year end compared to cash and cash equivalents of $ 185.6 million at 2011 year end . the $ 28.9 million increase in cash and cash equivalents includes the impacts of ( i ) $ 329.3 million of cash generated from operations , net of $ 73.0 million of cash contributions ( including $ 54.7 million of discretionary contributions ) to the company 2019s domestic pension plans ; ( ii ) $ 445.5 million of cash from collections of finance receivables ; ( iii ) $ 46.8 million of proceeds from stock purchase and option plan exercises ; and ( iv ) $ 27.0 million of cash proceeds from the sale of a non-strategic equity investment at book value . these increases in cash and cash equivalents were partially offset by ( i ) the funding of $ 569.6 million of new finance originations ; ( ii ) dividend payments of $ 81.5 million ; ( iii ) the funding of $ 79.4 million of capital expenditures ; and ( iv ) the repurchase of 1180000 shares of the company 2019s common stock for $ 78.1 million . of the $ 214.5 million of cash and cash equivalents as of 2012 year end , $ 81.4 million was held outside of the united states . snap-on considers these non-u.s . funds as permanently invested in its foreign operations to ( i ) provide adequate working capital ; ( ii ) satisfy various regulatory requirements ; and/or ( iii ) take advantage of business expansion opportunities as they arise ; as such , the company does not presently expect to repatriate these funds to fund its u.s . operations or obligations . the repatriation of cash from certain foreign subsidiaries could have adverse net tax consequences on the company should snap-on be required to pay and record u.s . income taxes and foreign withholding taxes on funds that were previously considered permanently invested . alternatively , the repatriation of such cash from certain other foreign subsidiaries could result in favorable net tax consequences for the company . snap-on periodically evaluates opportunities to repatriate certain foreign cash amounts to the extent that it does not incur additional unfavorable net tax consequences . 44 snap-on incorporated . Question: what was the percentage change in working capital in 2012 compared to 2011? Answer: 0.14035 Question: what portion of cash and cash equivalents was held outside the us as of 2012?
0.37949
Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
( 2 ) our union-represented mainline employees are covered by agreements that are not currently amendable . joint collective bargaining agreements ( jcbas ) have been reached with post-merger employee groups , except the maintenance , fleet service , stock clerks , maintenance control technicians and maintenance training instructors represented by the twu-iam association who are covered by separate cbas that become amendable in the third quarter of 2018 . until those agreements become amendable , negotiations for jcbas will be conducted outside the traditional rla bargaining process as described above , and , in the meantime , no self-help will be permissible . ( 3 ) among our wholly-owned regional subsidiaries , the psa mechanics and flight attendants have agreements that are now amendable and are engaged in traditional rla negotiations . the envoy passenger service employees are engaged in traditional rla negotiations for an initial cba . the piedmont fleet and passenger service employees have reached a tentative five-year agreement which is subject to membership ratification . for more discussion , see part i , item 1a . risk factors 2013 201cunion disputes , employee strikes and other labor-related disruptions may adversely affect our operations . 201d aircraft fuel our operations and financial results are significantly affected by the availability and price of jet fuel , which is our second largest expense . based on our 2018 forecasted mainline and regional fuel consumption , we estimate that a one cent per gallon increase in aviation fuel price would increase our 2018 annual fuel expense by $ 45 million . the following table shows annual aircraft fuel consumption and costs , including taxes , for our mainline and regional operations for 2017 , 2016 and 2015 ( 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>2017</td><td>4352</td><td>$ 1.73</td><td>$ 7510</td><td>19.7% ( 19.7 % )</td></tr><tr><td>3</td><td>2016</td><td>4347</td><td>1.42</td><td>6180</td><td>17.7% ( 17.7 % )</td></tr><tr><td>4</td><td>2015</td><td>4323</td><td>1.72</td><td>7456</td><td>21.4% ( 21.4 % )</td></tr></table> as of december 31 , 2017 , 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 , changes in fuel-related governmental policy , the strength of the u.s . dollar against foreign currencies , 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. . Question: what was the change in the average price per gallon of aircraft fuel from the year of 2016 to 2017?
0.31
Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
fortron industries llc . fortron is a leading global producer of pps , sold under the fortron ae brand , which is used in a wide variety of automotive and other applications , especially those requiring heat and/or chemical resistance . fortron's facility is located in wilmington , north carolina . this venture combines the sales , marketing , distribution , compounding and manufacturing expertise of celanese with the pps polymer technology expertise of kureha america inc . cellulose derivatives strategic ventures . our cellulose derivatives ventures generally fund their operations using operating cash flow and pay dividends based on each ventures' performance in the preceding year . in 2014 , 2013 and 2012 , we received cash dividends of $ 115 million , $ 92 million and $ 83 million , respectively . although our ownership interest in each of our cellulose derivatives ventures exceeds 20% ( 20 % ) , we account for these investments using the cost method of accounting because we determined that we cannot exercise significant influence over these entities due to local government investment in and influence over these entities , limitations on our involvement in the day-to-day operations and the present inability of the entities to provide timely financial information prepared in accordance with generally accepted accounting principles in the united states of america ( "us gaap" ) . 2022 other equity method investments infraservs . we hold indirect ownership interests in several german infraserv groups that own and develop industrial parks and provide on-site general and administrative support to tenants . our ownership interest in the equity investments in infraserv affiliates are as follows : as of december 31 , 2014 ( in percentages ) . <table class='wikitable'><tr><td>1</td><td>-</td><td>as of december 31 2014 ( in percentages )</td></tr><tr><td>2</td><td>infraserv gmbh & co . gendorf kg</td><td>39</td></tr><tr><td>3</td><td>infraserv gmbh & co . hoechst kg</td><td>32</td></tr><tr><td>4</td><td>infraserv gmbh & co . knapsack kg</td><td>27</td></tr></table> research and development our businesses are innovation-oriented and conduct research and development activities to develop new , and optimize existing , production technologies , as well as to develop commercially viable new products and applications . research and development expense was $ 86 million , $ 85 million and $ 104 million for the years ended december 31 , 2014 , 2013 and 2012 , respectively . we consider the amounts spent during each of the last three fiscal years on research and development activities to be sufficient to execute our current strategic initiatives . intellectual property we attach importance to protecting our intellectual property , including safeguarding our confidential information and through our patents , trademarks and copyrights , in order to preserve our investment in research and development , manufacturing and marketing . patents may cover processes , equipment , products , intermediate products and product uses . we also seek to register trademarks as a means of protecting the brand names of our company and products . patents . in most industrial countries , patent protection exists for new substances and formulations , as well as for certain unique applications and production processes . however , we do business in regions of the world where intellectual property protection may be limited and difficult to enforce . confidential information . we maintain stringent information security policies and procedures wherever we do business . such information security policies and procedures include data encryption , controls over the disclosure and safekeeping of confidential information and trade secrets , as well as employee awareness training . trademarks . aoplus ae , aoplus ae2 , aoplus ae3 , ateva ae , avicor ae , britecoat ae , celanese ae , celanex ae , celcon ae , celfx 2122 , celstran ae , celvolit ae , clarifoil ae , duroset ae , ecovae ae , factor ae , fortron ae , gur ae , hostaform ae , impet ae , mowilith ae , nutrinova ae , qorus 2122 , riteflex ae , sunett ae , tcx 2122 , thermx ae , tufcor ae , vantage ae , vantageplus 2122 , vantage ae2 , vectra ae , vinamul ae , vitaldose ae , zenite ae and certain other branded products and services named in this document are registered or reserved trademarks or service marks owned or licensed by celanese . the foregoing is not intended to be an exhaustive or comprehensive list of all registered or reserved trademarks and service marks owned or licensed by celanese . fortron ae is a registered trademark of fortron industries llc. . Question: what is the net change in r&d expense from 2013 to 2014? Answer: 1.0 Question: what is the r&d expense in 2014?
85.0
Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
shareholder value award program svas are granted to officers and management and are payable in shares of our common stock . the number of shares actually issued , if any , varies depending on our stock price at the end of the three-year vesting period compared to pre-established target stock prices . we measure the fair value of the sva unit on the grant date using a monte carlo simulation model . the model utilizes multiple input variables that determine the probability of satisfying the market condition stipulated in the award grant and calculates the fair value of the award . expected volatilities utilized in the model are based on implied volatilities from traded options on our stock , historical volatility of our stock price , and other factors . similarly , the dividend yield is based on historical experience and our estimate of future dividend yields . the risk-free interest rate is derived from the u.s . treasury yield curve in effect at the time of grant . the weighted-average fair values of the sva units granted during the years ended december 31 , 2018 , 2017 , and 2016 were $ 48.51 , $ 66.25 , and $ 48.68 , respectively , determined using the following assumptions: . <table class='wikitable'><tr><td>1</td><td>( percents )</td><td>2018</td><td>2017</td><td>2016</td></tr><tr><td>2</td><td>expected dividend yield</td><td>2.50% ( 2.50 % )</td><td>2.50% ( 2.50 % )</td><td>2.00% ( 2.00 % )</td></tr><tr><td>3</td><td>risk-free interest rate</td><td>2.31</td><td>1.38</td><td>0.92</td></tr><tr><td>4</td><td>volatility</td><td>22.26</td><td>22.91</td><td>21.68</td></tr></table> pursuant to this program , approximately 0.7 million shares , 1.1 million shares , and 1.0 million shares were issued during the years ended december 31 , 2018 , 2017 , and 2016 , respectively . approximately 1.0 million shares are expected to be issued in 2019 . as of december 31 , 2018 , the total remaining unrecognized compensation cost related to nonvested svas was $ 55.7 million , which will be amortized over the weighted-average remaining requisite service period of 20 months . restricted stock units rsus are granted to certain employees and are payable in shares of our common stock . rsu shares are accounted for at fair value based upon the closing stock price on the date of grant . the corresponding expense is amortized over the vesting period , typically three years . the fair values of rsu awards granted during the years ended december 31 , 2018 , 2017 , and 2016 were $ 70.95 , $ 72.47 , and $ 71.46 , respectively . the number of shares ultimately issued for the rsu program remains constant with the exception of forfeitures . pursuant to this program , 1.3 million , 1.4 million , and 1.3 million shares were granted and approximately 1.0 million , 0.9 million , and 0.6 million shares were issued during the years ended december 31 , 2018 , 2017 , and 2016 , respectively . approximately 0.8 million shares are expected to be issued in 2019 . as of december 31 , 2018 , the total remaining unrecognized compensation cost related to nonvested rsus was $ 112.2 million , which will be amortized over the weighted- average remaining requisite service period of 21 months . note 12 : shareholders' equity during 2018 , 2017 , and 2016 , we repurchased $ 4.15 billion , $ 359.8 million and $ 540.1 million , respectively , of shares associated with our share repurchase programs . a payment of $ 60.0 million was made in 2016 for shares repurchased in 2017 . during 2018 , we repurchased $ 2.05 billion of shares , which completed the $ 5.00 billion share repurchase program announced in october 2013 and our board authorized an $ 8.00 billion share repurchase program . there were $ 2.10 billion repurchased under the $ 8.00 billion program in 2018 . as of december 31 , 2018 , there were $ 5.90 billion of shares remaining under the 2018 program . we have 5.0 million authorized shares of preferred stock . as of december 31 , 2018 and 2017 , no preferred stock was issued . we have an employee benefit trust that held 50.0 million shares of our common stock at both december 31 , 2018 and 2017 , to provide a source of funds to assist us in meeting our obligations under various employee benefit plans . the cost basis of the shares held in the trust was $ 3.01 billion at both december 31 , 2018 and 2017 , and is shown as a reduction of shareholders 2019 equity . any dividend transactions between us and the trust are eliminated . stock held by the trust is not considered outstanding in the computation of eps . the assets of the trust were not used to fund any of our obligations under these employee benefit plans during the years ended december 31 , 2018 , 2017 , and . Question: from 2016 to 2017, what was the variation in the total amount spent on share repurchase? Answer: -180.3 Question: and what is this variation as a percentage of that amount in 2016? Answer: -0.33383 Question: and over the next year, what was that variation in this amount, counted in millions? Answer: 3790.2 Question: and what percentage did this variation represent in relation to the 2017 amount spent on share repurchase?
10.53419
Read the following texts and table with financial data from an S&P 500 earnings report 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 ( continued ) detail with respect to our investment portfolio as of december 31 , 2014 and 2013 is provided in note 3 to the consolidated financial statements included under item 8 of this form 10-k . loans and leases averaged $ 15.91 billion for the year ended 2014 , up from $ 13.78 billion in 2013 . the increase was mainly related to mutual fund lending and our continued investment in senior secured bank loans . mutual fund lending and senior secured bank loans averaged approximately $ 9.12 billion and $ 1.40 billion , respectively , for the year ended december 31 , 2014 compared to $ 8.16 billion and $ 170 million for the year ended december 31 , 2013 , respectively . average loans and leases also include short- duration advances . table 13 : u.s . and non-u.s . short-duration advances years ended december 31 . <table class='wikitable'><tr><td>1</td><td>( in millions )</td><td>2014</td><td>2013</td><td>2012</td></tr><tr><td>2</td><td>average u.s . short-duration advances</td><td>$ 2355</td><td>$ 2356</td><td>$ 1972</td></tr><tr><td>3</td><td>average non-u.s . short-duration advances</td><td>1512</td><td>1393</td><td>1393</td></tr><tr><td>4</td><td>average total short-duration advances</td><td>$ 3867</td><td>$ 3749</td><td>$ 3365</td></tr><tr><td>5</td><td>average short-durance advances to average loans and leases</td><td>24% ( 24 % )</td><td>27% ( 27 % )</td><td>29% ( 29 % )</td></tr></table> average u.s . short-duration advances $ 2355 $ 2356 $ 1972 average non-u.s . short-duration advances 1512 1393 1393 average total short-duration advances $ 3867 $ 3749 $ 3365 average short-durance advances to average loans and leases 24% ( 24 % ) 27% ( 27 % ) 29% ( 29 % ) the decline in proportion of the average daily short-duration advances to average loans and leases is primarily due to growth in the other segments of the loan and lease portfolio . short-duration advances provide liquidity to clients in support of their investment activities . although average short-duration advances for the year ended december 31 , 2014 increased compared to the year ended december 31 , 2013 , such average advances remained low relative to historical levels , mainly the result of clients continuing to hold higher levels of liquidity . average other interest-earning assets increased to $ 15.94 billion for the year ended december 31 , 2014 from $ 11.16 billion for the year ended december 31 , 2013 . the increased levels were primarily the result of higher levels of cash collateral provided in connection with our enhanced custody business . aggregate average interest-bearing deposits increased to $ 130.30 billion for the year ended december 31 , 2014 from $ 109.25 billion for year ended 2013 . the higher levels were primarily the result of increases in both u.s . and non-u.s . transaction accounts and time deposits . future transaction account levels will be influenced by the underlying asset servicing business , as well as market conditions , including the general levels of u.s . and non-u.s . interest rates . average other short-term borrowings increased to $ 4.18 billion for the year ended december 31 , 2014 from $ 3.79 billion for the year ended 2013 . the increase was the result of a higher level of client demand for our commercial paper . the decline in rates paid from 1.6% ( 1.6 % ) in 2013 to 0.1% ( 0.1 % ) in 2014 resulted from a reclassification of certain derivative contracts that hedge our interest-rate risk on certain assets and liabilities , which reduced interest revenue and interest expense . average long-term debt increased to $ 9.31 billion for the year ended december 31 , 2014 from $ 8.42 billion for the year ended december 31 , 2013 . the increase primarily reflected the issuance of $ 1.5 billion of senior and subordinated debt in may 2013 , $ 1.0 billion of senior debt issued in november 2013 , and $ 1.0 billion of senior debt issued in december 2014 . this is partially offset by the maturities of $ 500 million of senior debt in may 2014 and $ 250 million of senior debt in march 2014 . average other interest-bearing liabilities increased to $ 7.35 billion for the year ended december 31 , 2014 from $ 6.46 billion for the year ended december 31 , 2013 , primarily the result of higher levels of cash collateral received from clients in connection with our enhanced custody business . several factors could affect future levels of our net interest revenue and margin , including the mix of client liabilities ; actions of various central banks ; changes in u.s . and non-u.s . interest rates ; changes in the various yield curves around the world ; revised or proposed regulatory capital or liquidity standards , or interpretations of those standards ; the amount of discount accretion generated by the former conduit securities that remain in our investment securities portfolio ; and the yields earned on securities purchased compared to the yields earned on securities sold or matured . based on market conditions and other factors , we continue to reinvest the majority of the proceeds from pay-downs and maturities of investment securities in highly-rated securities , such as u.s . treasury and agency securities , municipal securities , federal agency mortgage-backed securities and u.s . and non-u.s . mortgage- and asset-backed securities . the pace at which we continue to reinvest and the types of investment securities purchased will depend on the impact of market conditions and other factors over time . we expect these factors and the levels of global interest rates to influence what effect our reinvestment program will have on future levels of our net interest revenue and net interest margin. . Question: what was the change in the average u.s . short-duration advances from 2012 to 2013?
384.0
Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
transfer agent and registrar for common stock the transfer agent and registrar for our common stock is : computershare shareowner services llc 480 washington boulevard 29th floor jersey city , new jersey 07310 telephone : ( 877 ) 363-6398 sales of unregistered securities not applicable . repurchase of equity securities the following table provides information regarding our purchases of our equity securities during the period from october 1 , 2014 to december 31 , 2014 . total number of shares ( or units ) purchased 1 average price paid per share ( or unit ) 2 total number of shares ( or units ) purchased as part of publicly announced plans or programs 3 maximum number ( or approximate dollar value ) of shares ( or units ) that may yet be purchased under the plans or programs 3 . <table class='wikitable'><tr><td>1</td><td>-</td><td>total number ofshares ( or units ) purchased1</td><td>average price paidper share ( or unit ) 2</td><td>total number ofshares ( or units ) purchased as part ofpublicly announcedplans or programs3</td><td>maximum number ( or approximate dollar value ) of shares ( or units ) that mayyet be purchased under theplans or programs3</td></tr><tr><td>2</td><td>october 1 - 31</td><td>5854930</td><td>$ 18.93</td><td>5849517</td><td>$ 159819370</td></tr><tr><td>3</td><td>november 1 - 30</td><td>4266</td><td>$ 20.29</td><td>2014</td><td>$ 159819370</td></tr><tr><td>4</td><td>december 1 - 31</td><td>826744</td><td>$ 19.67</td><td>826639</td><td>$ 143559758</td></tr><tr><td>5</td><td>total</td><td>6685940</td><td>$ 19.02</td><td>6676156</td><td>-</td></tr></table> 1 included shares of our common stock , par value $ 0.10 per share , withheld under the terms of grants under employee stock-based compensation plans to offset tax withholding obligations that occurred upon vesting and release of restricted shares ( the 201cwithheld shares 201d ) . we repurchased 5413 withheld shares in october 2014 , 4266 withheld shares in november 2014 and 105 withheld shares in december 2014 . 2 the average price per share for each of the months in the fiscal quarter and for the three-month period was calculated by dividing the sum of the applicable period of the aggregate value of the tax withholding obligations and the aggregate amount we paid for shares acquired under our stock repurchase program , described in note 5 to the consolidated financial statements , by the sum of the number of withheld shares and the number of shares acquired in our stock repurchase program . 3 in february 2014 , the board authorized a new share repurchase program to repurchase from time to time up to $ 300.0 million , excluding fees , of our common stock ( the 201c2014 share repurchase program 201d ) . on february 13 , 2015 , we announced that our board had approved a new share repurchase program to repurchase from time to time up to $ 300.0 million , excluding fees , of our common stock . the new authorization is in addition to any amounts remaining available for repurchase under the 2014 share repurchase program . there is no expiration date associated with the share repurchase programs. . Question: what was the total number of shares purchased in october? Answer: 5854930.0 Question: and what was that in november? Answer: 4266.0 Question: what was, then, the change in number of shares purchased over the month?
5850664.0
Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
republic services , inc . notes to consolidated financial statements 2014 ( continued ) the following table summarizes the activity in our gross unrecognized tax benefits for the years ended december 31: . <table class='wikitable'><tr><td>1</td><td>-</td><td>2015</td><td>2014</td><td>2013</td></tr><tr><td>2</td><td>balance at beginning of year</td><td>$ 70.1</td><td>$ 72.0</td><td>$ 84.7</td></tr><tr><td>3</td><td>additions based on tax positions related to current year</td><td>0.2</td><td>0.8</td><td>0.3</td></tr><tr><td>4</td><td>additions for tax positions of prior years</td><td>1.4</td><td>5.0</td><td>11.4</td></tr><tr><td>5</td><td>reductions for tax positions of prior years</td><td>-10.2 ( 10.2 )</td><td>-6.0 ( 6.0 )</td><td>-2.4 ( 2.4 )</td></tr><tr><td>6</td><td>reductions for tax positions resulting from lapse of statute of limitations</td><td>-0.6 ( 0.6 )</td><td>-0.2 ( 0.2 )</td><td>-1.3 ( 1.3 )</td></tr><tr><td>7</td><td>settlements</td><td>-13.9 ( 13.9 )</td><td>-1.5 ( 1.5 )</td><td>-20.7 ( 20.7 )</td></tr><tr><td>8</td><td>balance at end of year</td><td>$ 47.0</td><td>$ 70.1</td><td>$ 72.0</td></tr></table> during 2015 , we settled tax matters in various states and puerto rico which reduced our gross unrecognized tax benefits by $ 13.9 million . during 2014 , we settled tax matters in various jurisdictions and reduced our gross unrecognized tax benefits by $ 1.5 million . during 2013 , we settled with the irs appeals division and the joint committee on taxation our 2009 and 2010 tax years . the resolution of these tax periods in addition to various state tax resolutions during the year reduced our gross unrecognized tax benefits by $ 20.7 million . included in our gross unrecognized tax benefits as of december 31 , 2015 and 2014 are $ 30.5 million and $ 45.6 million of unrecognized tax benefits ( net of the federal benefit on state matters ) that , if recognized , would affect our effective income tax rate in future periods . we recognize interest and penalties as incurred within the provision for income taxes in our consolidated statements of income . related to the unrecognized tax benefits previously noted , we recorded interest expense of approximately $ 1.2 million during 2015 and , in total as of december 31 , 2015 , have recognized a liability for penalties of $ 0.5 million and interest of $ 10.3 million . during 2014 , we accrued interest of approximately $ 1.5 million and , in total as of december 31 , 2014 , had recognized a liability for penalties of $ 0.5 million and interest of $ 18.7 million . during 2013 , we accrued interest of approximately $ 1.2 million and , in total as of december 31 , 2013 , had recognized a liability for penalties of $ 0.5 million and interest of $ 17.0 million . gross unrecognized benefits that we expect to settle in the following twelve months are in the range of $ 0 to $ 10 million ; however , it is reasonably possible that the amount of unrecognized tax benefits may either increase or decrease in the next twelve months . we are currently under examination or administrative review by state and local taxing authorities for various tax years . these state audits are ongoing . we believe the recorded liabilities for uncertain tax positions are adequate . however , a significant assessment against us in excess of the liabilities recorded could have a material adverse effect on our consolidated financial position , results of operations or cash flows. . Question: what is the value of gross unrecognized tax benefits at the end of 2015? Answer: 47.0 Question: what is the value at the end of 2014? Answer: 70.1 Question: what is the 2015 value less the 2014? Answer: -23.1 Question: what is the net change over the 2014 value?
-0.32953
Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
note 9 . retirement plan we maintain a defined contribution pension plan covering full-time shoreside employees who have completed the minimum period of continuous service . annual contributions to the plan are based on fixed percentages of participants 2019 salaries and years of service , not to exceed certain maximums . pension cost was $ 13.9 million , $ 12.8 million and $ 12.2 million for the years ended december 31 , 2006 , 2005 and 2004 , respectively . note 10 . income taxes we and the majority of our subsidiaries are currently exempt from united states corporate tax on income from the international opera- tion of ships pursuant to section 883 of the internal revenue code . income tax expense related to our remaining subsidiaries was not significant for the years ended december 31 , 2006 , 2005 and 2004 . final regulations under section 883 were published on august 26 , 2003 , and were effective for the year ended december 31 , 2005 . these regulations confirmed that we qualify for the exemption provid- ed by section 883 , but also narrowed the scope of activities which are considered by the internal revenue service to be incidental to the international operation of ships . the activities listed in the regula- tions as not being incidental to the international operation of ships include income from the sale of air and other transportation such as transfers , shore excursions and pre and post cruise tours . to the extent the income from such activities is earned from sources within the united states , such income will be subject to united states taxa- tion . the application of these new regulations reduced our net income for the years ended december 31 , 2006 and december 31 , 2005 by approximately $ 6.3 million and $ 14.0 million , respectively . note 11 . financial instruments the estimated fair values of our financial instruments are as follows ( in thousands ) : . <table class='wikitable'><tr><td>1</td><td>-</td><td>2006</td><td>2005</td></tr><tr><td>2</td><td>cash and cash equivalents</td><td>$ 104520</td><td>$ 125385</td></tr><tr><td>3</td><td>long-term debt ( including current portion of long-term debt )</td><td>-5474988 ( 5474988 )</td><td>-4368874 ( 4368874 )</td></tr><tr><td>4</td><td>foreign currency forward contracts in a net ( loss ) gain position</td><td>104159</td><td>-115415 ( 115415 )</td></tr><tr><td>5</td><td>interest rate swap agreements in a net receivable position</td><td>5856</td><td>8456</td></tr><tr><td>6</td><td>fuel swap agreements in a net payable position</td><td>-20456 ( 20456 )</td><td>-78 ( 78 )</td></tr></table> long-term debt ( including current portion of long-term debt ) ( 5474988 ) ( 4368874 ) foreign currency forward contracts in a net ( loss ) gain position 104159 ( 115415 ) interest rate swap agreements in a net receivable position 5856 8456 fuel swap agreements in a net payable position ( 20456 ) ( 78 ) the reported fair values are based on a variety of factors and assumptions . accordingly , the fair values may not represent actual values of the financial instruments that could have been realized as of december 31 , 2006 or 2005 , or that will be realized in the future and do not include expenses that could be incurred in an actual sale or settlement . our financial instruments are not held for trading or speculative purposes . our exposure under foreign currency contracts , interest rate and fuel swap agreements is limited to the cost of replacing the contracts in the event of non-performance by the counterparties to the contracts , all of which are currently our lending banks . to minimize this risk , we select counterparties with credit risks acceptable to us and we limit our exposure to an individual counterparty . furthermore , all foreign currency forward contracts are denominated in primary currencies . cash and cash equivalents the carrying amounts of cash and cash equivalents approximate their fair values due to the short maturity of these instruments . long-term debt the fair values of our senior notes and senior debentures were esti- mated by obtaining quoted market prices . the fair values of all other debt were estimated using discounted cash flow analyses based on market rates available to us for similar debt with the same remaining maturities . foreign currency contracts the fair values of our foreign currency forward contracts were esti- mated using current market prices for similar instruments . our expo- sure to market risk for fluctuations in foreign currency exchange rates relates to six ship construction contracts and forecasted transactions . we use foreign currency forward contracts to mitigate the impact of fluctuations in foreign currency exchange rates . as of december 31 , 2006 , we had foreign currency forward contracts in a notional amount of $ 3.8 billion maturing through 2009 . as of december 31 , 2006 , the fair value of our foreign currency forward contracts related to the six ship construction contracts , which are designated as fair value hedges , was a net unrealized gain of approximately $ 106.3 mil- lion . at december 31 , 2005 , the fair value of our foreign currency for- ward contracts related to three ship construction contracts , designated as fair value hedges , was a net unrealized loss of approx- imately $ 103.4 million . the fair value of our foreign currency forward contracts related to the other ship construction contract at december 31 , 2005 , which was designated as a cash flow hedge , was an unre- alized loss , of approximately $ 7.8 million . at december 31 , 2006 , approximately 11% ( 11 % ) of the aggregate cost of the ships was exposed to fluctuations in the euro exchange rate . r o y a l c a r i b b e a n c r u i s e s l t d . 3 5 notes to the consolidated financial statements ( continued ) 51392_financials-v9.qxp 6/7/07 3:40 pm page 35 . Question: what was the change in cash and cash equivalents from 2005 to 2006?
-20865.0
Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
17 . leases we lease certain locomotives , freight cars , and other property . the consolidated statements of financial position as of december 31 , 2016 , and 2015 included $ 1997 million , net of $ 1121 million of accumulated depreciation , and $ 2273 million , net of $ 1189 million of accumulated depreciation , respectively , for properties held under capital leases . a charge to income resulting from the depreciation for assets held under capital leases is included within depreciation expense in our consolidated statements of income . future minimum lease payments for operating and capital leases with initial or remaining non-cancelable lease terms in excess of one year as of december 31 , 2016 , were as follows : millions operating leases capital leases . <table class='wikitable'><tr><td>1</td><td>millions</td><td>operatingleases</td><td>capitalleases</td></tr><tr><td>2</td><td>2017</td><td>$ 461</td><td>$ 221</td></tr><tr><td>3</td><td>2018</td><td>390</td><td>193</td></tr><tr><td>4</td><td>2019</td><td>348</td><td>179</td></tr><tr><td>5</td><td>2020</td><td>285</td><td>187</td></tr><tr><td>6</td><td>2021</td><td>245</td><td>158</td></tr><tr><td>7</td><td>later years</td><td>1314</td><td>417</td></tr><tr><td>8</td><td>total minimum lease payments</td><td>$ 3043</td><td>$ 1355</td></tr><tr><td>9</td><td>amount representing interest</td><td>n/a</td><td>-250 ( 250 )</td></tr><tr><td>10</td><td>present value of minimum lease payments</td><td>n/a</td><td>$ 1105</td></tr></table> approximately 96% ( 96 % ) of capital lease payments relate to locomotives . rent expense for operating leases with terms exceeding one month was $ 535 million in 2016 , $ 590 million in 2015 , and $ 593 million in 2014 . when cash rental payments are not made on a straight-line basis , we recognize variable rental expense on a straight-line basis over the lease term . contingent rentals and sub-rentals are not significant . 18 . commitments and contingencies asserted and unasserted claims 2013 various claims and lawsuits are pending against us and certain of our subsidiaries . we cannot fully determine the effect of all asserted and unasserted claims on our consolidated results of operations , financial condition , or liquidity . to the extent possible , we have recorded a liability where asserted and unasserted claims are considered probable and where such claims can be reasonably estimated . we do not expect that any known lawsuits , claims , environmental costs , commitments , contingent liabilities , or guarantees will have a material adverse effect on our consolidated results of operations , financial condition , or liquidity after taking into account liabilities and insurance recoveries previously recorded for these matters . personal injury 2013 the cost of personal injuries to employees and others related to our activities is charged to expense based on estimates of the ultimate cost and number of incidents each year . we use an actuarial analysis to measure the expense and liability , including unasserted claims . the federal employers 2019 liability act ( fela ) governs compensation for work-related accidents . under fela , damages are assessed based on a finding of fault through litigation or out-of-court settlements . we offer a comprehensive variety of services and rehabilitation programs for employees who are injured at work . our personal injury liability is not discounted to present value due to the uncertainty surrounding the timing of future payments . approximately 94% ( 94 % ) of the recorded liability is related to asserted claims and approximately 6% ( 6 % ) is related to unasserted claims at december 31 , 2016 . because of the uncertainty surrounding the ultimate outcome of personal injury claims , it is reasonably possible that future costs to settle these claims may range from approximately $ 290 million to $ 317 million . we record an accrual at the low end of the range as no amount of loss within the range is more probable than any other . estimates can vary over time due to evolving trends in litigation. . Question: in the year of 2016, how much did the future total minimum operating lease payments due in 2017 represent in relation to the total operating lease payments, in percentage? Answer: 0.1515 Question: and what would be those total payments if terms greater than 12 months were to be included?
3578.0
Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
part ii item 5 . market for registrant 2019s common equity , related stockholder matters and issuer purchases of equity securities the following table presents reported quarterly high and low per share sale prices of our common stock on the new york stock exchange ( 201cnyse 201d ) for the years 2010 and 2009. . <table class='wikitable'><tr><td>1</td><td>2010</td><td>high</td><td>low</td></tr><tr><td>2</td><td>quarter ended march 31</td><td>$ 44.61</td><td>$ 40.10</td></tr><tr><td>3</td><td>quarter ended june 30</td><td>45.33</td><td>38.86</td></tr><tr><td>4</td><td>quarter ended september 30</td><td>52.11</td><td>43.70</td></tr><tr><td>5</td><td>quarter ended december 31</td><td>53.14</td><td>49.61</td></tr><tr><td>6</td><td>2009</td><td>high</td><td>low</td></tr><tr><td>7</td><td>quarter ended march 31</td><td>$ 32.53</td><td>$ 25.45</td></tr><tr><td>8</td><td>quarter ended june 30</td><td>34.52</td><td>27.93</td></tr><tr><td>9</td><td>quarter ended september 30</td><td>37.71</td><td>29.89</td></tr><tr><td>10</td><td>quarter ended december 31</td><td>43.84</td><td>35.03</td></tr></table> on february 11 , 2011 , the closing price of our common stock was $ 56.73 per share as reported on the nyse . as of february 11 , 2011 , we had 397612895 outstanding shares of common stock and 463 registered holders . dividends we have not historically paid a dividend on our common stock . payment of dividends in the future , when , as and if authorized by our board of directors , would depend upon many factors , including our earnings and financial condition , restrictions under applicable law and our current and future loan agreements , our debt service requirements , our capital expenditure requirements and other factors that our board of directors may deem relevant from time to time , including the potential determination to elect reit status . in addition , the loan agreement for our revolving credit facility and term loan contain covenants that generally restrict our ability to pay dividends unless certain financial covenants are satisfied . for more information about the restrictions under the loan agreement for the revolving credit facility and term loan , our notes indentures and the loan agreement related to our securitization , see item 7 of this annual report under the caption 201cmanagement 2019s discussion and analysis of financial condition and results of operations 2014liquidity and capital resources 2014factors affecting sources of liquidity 201d and note 6 to our consolidated financial statements included in this annual report. . Question: what was the closing price of the common stock in february of 2011?
56.73
Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
the goldman sachs group , inc . and subsidiaries management 2019s discussion and analysis investing & lending investing & lending includes our investing activities and the origination of loans , including our relationship lending activities , to provide financing to clients . these investments and loans are typically longer-term in nature . we make investments , some of which are consolidated , including through our merchant banking business and our special situations group , in debt securities and loans , public and private equity securities , infrastructure and real estate entities . some of these investments are made indirectly through funds that we manage . we also make unsecured and secured loans to retail clients through our digital platforms , marcus and goldman sachs private bank select ( gs select ) , respectively . the table below presents the operating results of our investing & lending segment. . <table class='wikitable'><tr><td>1</td><td>$ in millions</td><td>year ended december 2017</td><td>year ended december 2016</td><td>year ended december 2015</td></tr><tr><td>2</td><td>equity securities</td><td>$ 4578</td><td>$ 2573</td><td>$ 3781</td></tr><tr><td>3</td><td>debt securities and loans</td><td>2003</td><td>1507</td><td>1655</td></tr><tr><td>4</td><td>total net revenues</td><td>6581</td><td>4080</td><td>5436</td></tr><tr><td>5</td><td>operating expenses</td><td>2796</td><td>2386</td><td>2402</td></tr><tr><td>6</td><td>pre-taxearnings</td><td>$ 3785</td><td>$ 1694</td><td>$ 3034</td></tr></table> operating environment . during 2017 , generally higher global equity prices and tighter credit spreads contributed to a favorable environment for our equity and debt investments . results also reflected net gains from company- specific events , including sales , and corporate performance . this environment contrasts with 2016 , where , in the first quarter of 2016 , market conditions were difficult and corporate performance , particularly in the energy sector , was impacted by a challenging macroeconomic environment . however , market conditions improved during the rest of 2016 as macroeconomic concerns moderated . if macroeconomic concerns negatively affect company-specific events or corporate performance , or if global equity markets decline or credit spreads widen , net revenues in investing & lending would likely be negatively impacted . 2017 versus 2016 . net revenues in investing & lending were $ 6.58 billion for 2017 , 61% ( 61 % ) higher than 2016 . net revenues in equity securities were $ 4.58 billion , including $ 3.82 billion of net gains from private equities and $ 762 million in net gains from public equities . net revenues in equity securities were 78% ( 78 % ) higher than 2016 , primarily reflecting a significant increase in net gains from private equities , which were positively impacted by company- specific events and corporate performance . in addition , net gains from public equities were significantly higher , as global equity prices increased during the year . of the $ 4.58 billion of net revenues in equity securities , approximately 60% ( 60 % ) was driven by net gains from company-specific events , such as sales , and public equities . net revenues in debt securities and loans were $ 2.00 billion , 33% ( 33 % ) higher than 2016 , reflecting significantly higher net interest income ( 2017 included approximately $ 1.80 billion of net interest income ) . net revenues in debt securities and loans for 2017 also included an impairment of approximately $ 130 million on a secured operating expenses were $ 2.80 billion for 2017 , 17% ( 17 % ) higher than 2016 , due to increased compensation and benefits expenses , reflecting higher net revenues , increased expenses related to consolidated investments , and increased expenses related to marcus . pre-tax earnings were $ 3.79 billion in 2017 compared with $ 1.69 billion in 2016 . 2016 versus 2015 . net revenues in investing & lending were $ 4.08 billion for 2016 , 25% ( 25 % ) lower than 2015 . net revenues in equity securities were $ 2.57 billion , including $ 2.17 billion of net gains from private equities and $ 402 million in net gains from public equities . net revenues in equity securities were 32% ( 32 % ) lower than 2015 , primarily reflecting a significant decrease in net gains from private equities , driven by company-specific events and corporate performance . net revenues in debt securities and loans were $ 1.51 billion , 9% ( 9 % ) lower than 2015 , reflecting significantly lower net revenues related to relationship lending activities , due to the impact of changes in credit spreads on economic hedges . losses related to these hedges were $ 596 million in 2016 , compared with gains of $ 329 million in 2015 . this decrease was partially offset by higher net gains from investments in debt instruments and higher net interest income . see note 9 to the consolidated financial statements for further information about economic hedges related to our relationship lending activities . operating expenses were $ 2.39 billion for 2016 , essentially unchanged compared with 2015 . pre-tax earnings were $ 1.69 billion in 2016 , 44% ( 44 % ) lower than 2015 . goldman sachs 2017 form 10-k 61 . Question: in 2017, what were the net revenues in equity securities when including net gains from private equities?
8.4
Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
altria group , inc . and subsidiaries notes to consolidated financial statements _________________________ may not be obtainable in all cases . this risk has been substantially reduced given that 47 states and puerto rico limit the dollar amount of bonds or require no bond at all . as discussed below , however , tobacco litigation plaintiffs have challenged the constitutionality of florida 2019s bond cap statute in several cases and plaintiffs may challenge state bond cap statutes in other jurisdictions as well . such challenges may include the applicability of state bond caps in federal court . states , including florida , may also seek to repeal or alter bond cap statutes through legislation . although altria group , inc . cannot predict the outcome of such challenges , it is possible that the consolidated results of operations , cash flows or financial position of altria group , inc. , or one or more of its subsidiaries , could be materially affected in a particular fiscal quarter or fiscal year by an unfavorable outcome of one or more such challenges . altria group , inc . and its subsidiaries record provisions in the consolidated financial statements for pending litigation when they determine that an unfavorable outcome is probable and the amount of the loss can be reasonably estimated . at the present time , while it is reasonably possible that an unfavorable outcome in a case may occur , except to the extent discussed elsewhere in this note 19 . contingencies : ( i ) management has concluded that it is not probable that a loss has been incurred in any of the pending tobacco-related cases ; ( ii ) management is unable to estimate the possible loss or range of loss that could result from an unfavorable outcome in any of the pending tobacco-related cases ; and ( iii ) accordingly , management has not provided any amounts in the consolidated financial statements for unfavorable outcomes , if any . litigation defense costs are expensed as incurred . altria group , inc . and its subsidiaries have achieved substantial success in managing litigation . nevertheless , litigation is subject to uncertainty and significant challenges remain . it is possible that the consolidated results of operations , cash flows or financial position of altria group , inc. , or one or more of its subsidiaries , could be materially affected in a particular fiscal quarter or fiscal year by an unfavorable outcome or settlement of certain pending litigation . altria group , inc . and each of its subsidiaries named as a defendant believe , and each has been so advised by counsel handling the respective cases , that it has valid defenses to the litigation pending against it , as well as valid bases for appeal of adverse verdicts . each of the companies has defended , and will continue to defend , vigorously against litigation challenges . however , altria group , inc . and its subsidiaries may enter into settlement discussions in particular cases if they believe it is in the best interests of altria group , inc . to do so . overview of altria group , inc . and/or pm usa tobacco- related litigation types and number of cases : claims related to tobacco products generally fall within the following categories : ( i ) smoking and health cases alleging personal injury brought on behalf of individual plaintiffs ; ( ii ) smoking and health cases primarily alleging personal injury or seeking court-supervised programs for ongoing medical monitoring and purporting to be brought on behalf of a class of individual plaintiffs , including cases in which the aggregated claims of a number of individual plaintiffs are to be tried in a single proceeding ; ( iii ) health care cost recovery cases brought by governmental ( both domestic and foreign ) plaintiffs seeking reimbursement for health care expenditures allegedly caused by cigarette smoking and/or disgorgement of profits ; ( iv ) class action suits alleging that the uses of the terms 201clights 201d and 201cultra lights 201d constitute deceptive and unfair trade practices , common law or statutory fraud , unjust enrichment , breach of warranty or violations of the racketeer influenced and corrupt organizations act ( 201crico 201d ) ; and ( v ) other tobacco-related litigation described below . plaintiffs 2019 theories of recovery and the defenses raised in pending smoking and health , health care cost recovery and 201clights/ultra lights 201d cases are discussed below . the table below lists the number of certain tobacco-related cases pending in the united states against pm usa ( 1 ) and , in some instances , altria group , inc . as of december 31 , 2016 , 2015 and 2014: . <table class='wikitable'><tr><td>1</td><td>-</td><td>2016</td><td>2015</td><td>2014</td></tr><tr><td>2</td><td>individual smoking and health cases ( 2 )</td><td>70</td><td>65</td><td>67</td></tr><tr><td>3</td><td>smoking and health class actions and aggregated claims litigation ( 3 )</td><td>5</td><td>5</td><td>5</td></tr><tr><td>4</td><td>health care cost recovery actions ( 4 )</td><td>1</td><td>1</td><td>1</td></tr><tr><td>5</td><td>201clights/ultra lights 201d class actions</td><td>8</td><td>11</td><td>12</td></tr></table> ( 1 ) does not include 25 cases filed on the asbestos docket in the circuit court for baltimore city , maryland , which seek to join pm usa and other cigarette- manufacturing defendants in complaints previously filed against asbestos companies . ( 2 ) does not include 2485 cases brought by flight attendants seeking compensatory damages for personal injuries allegedly caused by exposure to environmental tobacco smoke ( 201cets 201d ) . the flight attendants allege that they are members of an ets smoking and health class action in florida , which was settled in 1997 ( broin ) . the terms of the court-approved settlement in that case allowed class members to file individual lawsuits seeking compensatory damages , but prohibited them from seeking punitive damages . also , does not include individual smoking and health cases brought by or on behalf of plaintiffs in florida state and federal courts following the decertification of the engle case ( discussed below in smoking and health litigation - engle class action ) . ( 3 ) includes as one case the 600 civil actions ( of which 344 were actions against pm usa ) that were to be tried in a single proceeding in west virginia ( in re : tobacco litigation ) . the west virginia supreme court of appeals ruled that the united states constitution did not preclude a trial in two phases in this case . issues related to defendants 2019 conduct and whether punitive damages are permissible were tried in the first phase . trial in the first phase of this case began in april 2013 . in may 2013 , the jury returned a verdict in favor of defendants on the claims for design defect , negligence , failure to warn , breach of warranty , and concealment and declined to find that the defendants 2019 conduct warranted punitive damages . plaintiffs prevailed on their claim that ventilated filter cigarettes should have included use instructions for the period 1964 - 1969 . the second phase will consist of trials to determine liability and compensatory damages . in november 2014 , the west virginia supreme court of appeals affirmed the final judgment . in july 2015 , the trial court entered an order that will result in the entry of final judgment in favor of defendants and against all but 30 plaintiffs who potentially have a claim against one or more defendants that may be pursued in a second phase of trial . the court intends to try the claims of these 30 plaintiffs in six consolidated trials , each with a group of five plaintiffs . the first trial is currently scheduled to begin may 1 , 2018 . dates for the five remaining consolidated trials have not been scheduled . ( 4 ) see health care cost recovery litigation - federal government 2019s lawsuit below. . Question: how many cases related to smoking are pending as of 12/31/16? Answer: 75.0 Question: what about related to recovery actions? Answer: 1.0 Question: what is the total of these cases?
76.0
Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
devon energy corporation and subsidiaries notes to consolidated financial statements 2014 ( continued ) the following methods and assumptions were used to estimate the fair values in the tables above . fixed-income securities 2014 devon 2019s fixed-income securities consist of u.s . treasury obligations , bonds issued by investment-grade companies from diverse industries , and asset-backed securities . these fixed-income securities are actively traded securities that can be redeemed upon demand . the fair values of these level 1 securities are based upon quoted market prices . devon 2019s fixed income securities also include commingled funds that primarily invest in long-term bonds and u.s . treasury securities . these fixed income securities can be redeemed on demand but are not actively traded . the fair values of these level 2 securities are based upon the net asset values provided by the investment managers . equity securities 2014 devon 2019s equity securities include a commingled global equity fund that invests in large , mid and small capitalization stocks across the world 2019s developed and emerging markets . these equity securities can be redeemed on demand but are not actively traded . the fair values of these level 2 securities are based upon the net asset values provided by the investment managers . at december 31 , 2010 , devon 2019s equity securities consisted of investments in u.s . large and small capitalization companies and international large capitalization companies . these equity securities were actively traded securities that could be redeemed upon demand . the fair values of these level 1 securities are based upon quoted market prices . at december 31 , 2010 , devon 2019s equity securities also included a commingled fund that invested in large capitalization companies . these equity securities could be redeemed on demand but were not actively traded . the fair values of these level 2 securities are based upon the net asset values provided by the investment managers . other securities 2014 devon 2019s other securities include commingled , short-term investment funds . these securities can be redeemed on demand but are not actively traded . the fair values of these level 2 securities are based upon the net asset values provided by investment managers . devon 2019s hedge fund and alternative investments include an investment in an actively traded global mutual fund that focuses on alternative investment strategies and a hedge fund of funds that invests both long and short using a variety of investment strategies . devon 2019s hedge fund of funds is not actively traded and devon is subject to redemption restrictions with regards to this investment . the fair value of this level 3 investment represents the fair value as determined by the hedge fund manager . included below is a summary of the changes in devon 2019s level 3 plan assets ( in millions ) . . <table class='wikitable'><tr><td>1</td><td>december 31 2009</td><td>$ 51</td></tr><tr><td>2</td><td>purchases</td><td>3</td></tr><tr><td>3</td><td>investment returns</td><td>4</td></tr><tr><td>4</td><td>december 31 2010</td><td>58</td></tr><tr><td>5</td><td>purchases</td><td>33</td></tr><tr><td>6</td><td>investment returns</td><td>-1 ( 1 )</td></tr><tr><td>7</td><td>december 31 2011</td><td>$ 90</td></tr></table> . Question: what was the net value change in devon 2019s level 3 plan assets from 2009 to 2010?
7.0
Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
abiomed , inc . and subsidiaries notes to consolidated financial statements 2014 ( continued ) note 14 . income taxes ( continued ) on april 1 , 2007 , the company adopted financial interpretation fin no . 48 , accounting for uncertainty in income taxes 2014an interpretation of fasb statement no . 109 ( 201cfin no . 48 201d ) , which clarifies the accounting for uncertainty in income taxes recognized in an enterprise 2019s financial statements in accordance with fasb statement no . 109 , accounting for income taxes . fin no . 48 prescribes a recognition threshold and measurement process for recording in the financial statements uncertain tax positions taken or expected to be taken in a tax return . fin no . 48 also provides guidance on derecognition , classification , interest and penalties , accounting in interim periods , disclosure , and transition and defines the criteria that must be met for the benefits of a tax position to be recognized . as a result of its adoption of fin no . 48 , the company recorded the cumulative effect of the change in accounting principle of $ 0.3 million as a decrease to opening retained earnings and an increase to other long-term liabilities as of april 1 , 2007 . this adjustment related to state nexus for failure to file tax returns in various states for the years ended march 31 , 2003 , 2004 , and 2005 . the company initiated a voluntary disclosure plan , which it completed in fiscal year 2009 . the company elected to recognize interest and/or penalties related to income tax matters in income tax expense in its consolidated statements of operations . as of march 31 , 2009 , the company had remitted all outstanding amounts owed to each of the states in connection with the outstanding taxes owed at march 31 , 2008 . as such , the company had no fin no . 48 liability at march 31 , 2009 . on a quarterly basis , the company accrues for the effects of uncertain tax positions and the related potential penalties and interest . it is reasonably possible that the amount of the unrecognized tax benefit with respect to certain of the unrecognized tax positions will increase or decrease during the next 12 months ; however , it is not expected that the change will have a significant effect on the company 2019s results of operations or financial position . a reconciliation of the beginning and ending balance of unrecognized tax benefits , excluding accrued interest recorded at march 31 , 2009 ( in thousands ) is as follows: . <table class='wikitable'><tr><td>1</td><td>balance at march 31 2008</td><td>$ 168</td></tr><tr><td>2</td><td>reductions for tax positions for closing of the applicable statute of limitations</td><td>-168 ( 168 )</td></tr><tr><td>3</td><td>balance at march 31 2009</td><td>$ 2014</td></tr></table> the company and its subsidiaries are subject to u.s . federal income tax , as well as income tax of multiple state and foreign jurisdictions . the company has accumulated significant losses since its inception in 1981 . all tax years remain subject to examination by major tax jurisdictions , including the federal government and the commonwealth of massachusetts . however , since the company has net operating loss and tax credit carry forwards which may be utilized in future years to offset taxable income , those years may also be subject to review by relevant taxing authorities if the carry forwards are utilized . note 15 . commitments and contingencies the company 2019s acquisition of impella provided that abiomed was required to make contingent payments to impella 2019s former shareholders as follows : 2022 upon fda approval of the impella 2.5 device , a payment of $ 5583333 2022 upon fda approval of the impella 5.0 device , a payment of $ 5583333 , and 2022 upon the sale of 1000 units of impella 2019s products worldwide , a payment of $ 5583334 . the two milestones related to sales and fda approval of the impella 2.5 device were achieved and paid prior to march 31 , 2009 . in april 2009 , the company received fda 510 ( k ) clearance of its impella 5.0 product , triggering an obligation to pay the milestone related to the impella 5.0 device . in may 2009 , the company paid $ 1.8 million of this final milestone in cash and elected to pay the remaining amount through the issuance of approximately 664612 shares of common stock. . Question: what would be the payments made upon the sale of 1000 units of impella 2019s products worldwide? Answer: 5583334.0 Question: and converted to the single digits?
5.58333
Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
on november 1 , 2016 , management evaluated the net assets of alcoa corporation for potential impairment and determined that no impairment charge was required . the cash flows related to alcoa corporation have not been segregated and are included in the statement of consolidated cash flows for 2016 . the following table presents depreciation , depletion and amortization , restructuring and other charges , and purchases of property , plant and equipment of the discontinued operations related to alcoa corporation: . <table class='wikitable'><tr><td>1</td><td>for the year ended december 31,</td><td>2016</td></tr><tr><td>2</td><td>depreciation depletion and amortization</td><td>$ 593</td></tr><tr><td>3</td><td>restructuring and other charges</td><td>$ 102</td></tr><tr><td>4</td><td>capital expenditures</td><td>$ 298</td></tr></table> w . subsequent events management evaluated all activity of arconic and concluded that no subsequent events have occurred that would require recognition in the consolidated financial statements or disclosure in the notes to the consolidated financial statements , except as noted below : on january 22 , 2019 , the company announced that its board of directors ( the board ) had determined to no longer pursue a potential sale of arconic as part of its strategy and portfolio review . on february 6 , 2019 , the company announced that the board appointed john c . plant , current chairman of the board , as chairman and chief executive officer of the company , effective february 6 , 2019 , to succeed chip blankenship , who ceased to serve as chief executive officer of the company and resigned as a member of the board , in each case as of that date . in addition , the company announced that the board appointed elmer l . doty , current member of the board , as president and chief operating officer , a newly created position , effective february 6 , 2019 . mr . doty will remain a member of the board . the company also announced that arthur d . collins , jr. , current member of the board , has been appointed interim lead independent director of the company , effective february 6 , 2019 . on february 8 , 2019 , the company announced the following key initiatives as part of its ongoing strategy and portfolio review : plans to reduce operating costs , designed to maximize the impact in 2019 ; the planned separation of its portfolio into engineered products and forgings ( ep&f ) and global rolled products ( grp ) , with a spin-off of one of the businesses ; the potential sale of businesses that do not best fit into ep&f or grp ; execute its previously authorized $ 500 share repurchase program in the first half of 2019 ; the board authorized an additional $ 500 of share repurchases , effective through the end of 2020 ; and plans to reduce its quarterly common stock dividend from $ 0.06 to $ 0.02 per share . on february 19 , 2019 , the company entered into an accelerated share repurchase ( 201casr 201d ) agreement with jpmorgan chase bank to repurchase $ 700 of its common stock , pursuant to the share repurchase program previously authorized by the board . under the asr agreement , arconic will receive initial delivery of approximately 32 million shares on february 21 , 2019 . the final number of shares to be repurchased will be based on the volume-weighted average price of arconic 2019s common stock during the term of the transaction , less a discount . the asr agreement is expected to be completed during the first half of the company will evaluate its organizational structure in conjunction with the planned separation of its portfolio and changes to its reportable segments are expected in the first half of 2019. . Question: what was the value of depreciation, depletion and amortization? Answer: 593.0 Question: what was total capital expenditures? Answer: 298.0 Question: what is the ratio of depreciation, depletion and amortization to capital expenditures? Answer: 1.98993 Question: what is that less 1?
0.98993
Read the following texts and table with financial data from an S&P 500 earnings report 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 mississippi may refinance , redeem , or otherwise retire debt and preferred stock prior to maturity , to the extent market conditions and interest and dividend rates are favorable . all debt and common and preferred stock issuances by entergy mississippi require prior regulatory approval . a0 a0preferred stock and debt issuances are also subject to issuance tests set forth in its corporate charter , bond indenture , and other agreements . a0 a0entergy mississippi has sufficient capacity under these tests to meet its foreseeable capital needs . entergy mississippi 2019s receivables from the money pool were as follows as of december 31 for each of the following years. . <table class='wikitable'><tr><td>1</td><td>2017</td><td>2016</td><td>2015</td><td>2014</td></tr><tr><td>2</td><td>( in thousands )</td><td>( in thousands )</td><td>( in thousands )</td><td>( in thousands )</td></tr><tr><td>3</td><td>$ 1633</td><td>$ 10595</td><td>$ 25930</td><td>$ 644</td></tr></table> see note 4 to the financial statements for a description of the money pool . entergy mississippi has four separate credit facilities in the aggregate amount of $ 102.5 million scheduled to expire may 2018 . no borrowings were outstanding under the credit facilities as of december a031 , 2017 . a0 a0in addition , entergy mississippi is a party to an uncommitted letter of credit facility as a means to post collateral to support its obligations to miso . as of december a031 , 2017 , a $ 15.3 million letter of credit was outstanding under entergy mississippi 2019s uncommitted letter of credit facility . see note 4 to the financial statements for additional discussion of the credit facilities . entergy mississippi obtained authorizations from the ferc through october 2019 for short-term borrowings not to exceed an aggregate amount of $ 175 million at any time outstanding and long-term borrowings and security issuances . see note 4 to the financial statements for further discussion of entergy mississippi 2019s short-term borrowing limits . entergy mississippi , inc . management 2019s financial discussion and analysis state and local rate regulation and fuel-cost recovery the rates that entergy mississippi charges for electricity significantly influence its financial position , results of operations , and liquidity . entergy mississippi is regulated and the rates charged to its customers are determined in regulatory proceedings . a governmental agency , the mpsc , is primarily responsible for approval of the rates charged to customers . formula rate plan in march 2016 , entergy mississippi submitted its formula rate plan 2016 test year filing showing entergy mississippi 2019s projected earned return for the 2016 calendar year to be below the formula rate plan bandwidth . the filing showed a $ 32.6 million rate increase was necessary to reset entergy mississippi 2019s earned return on common equity to the specified point of adjustment of 9.96% ( 9.96 % ) , within the formula rate plan bandwidth . in june 2016 the mpsc approved entergy mississippi 2019s joint stipulation with the mississippi public utilities staff . the joint stipulation provided for a total revenue increase of $ 23.7 million . the revenue increase includes a $ 19.4 million increase through the formula rate plan , resulting in a return on common equity point of adjustment of 10.07% ( 10.07 % ) . the revenue increase also includes $ 4.3 million in incremental ad valorem tax expenses to be collected through an updated ad valorem tax adjustment rider . the revenue increase and ad valorem tax adjustment rider were effective with the july 2016 bills . in march 2017 , entergy mississippi submitted its formula rate plan 2017 test year filing and 2016 look-back filing showing entergy mississippi 2019s earned return for the historical 2016 calendar year and projected earned return for the 2017 calendar year to be within the formula rate plan bandwidth , resulting in no change in rates . in june 2017 , entergy mississippi and the mississippi public utilities staff entered into a stipulation that confirmed that entergy . Question: what is the sum of receivables from the money pool in 2017 and 2016?
12228.0
Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
notes to consolidated financial statements 2014 ( continued ) company 2019s financial statements and establishes guidelines for recognition and measurement of a tax position taken or expected to be taken in a tax return . as a result of this adoption , we recorded a $ 1.5 million increase in the liability for unrecognized income tax benefits , which was accounted for as a $ 1.0 million reduction to the june 1 , 2007 balance of retained earnings and a $ 0.5 million reduction to the june 1 , 2007 balance of additional paid-in capital . as of the adoption date , other long-term liabilities included liabilities for unrecognized income tax benefits of $ 3.8 million and accrued interest and penalties of $ 0.7 million . a reconciliation of the beginning and ending amount of unrecognized tax benefits is as follows ( in thousands ) : . <table class='wikitable'><tr><td>1</td><td>balance at june 1 2007</td><td>$ 3760</td></tr><tr><td>2</td><td>additions based on tax positions related to the current year</td><td>93</td></tr><tr><td>3</td><td>additions for tax positions of prior years</td><td>50</td></tr><tr><td>4</td><td>reductions for tax positions of prior years</td><td>2014</td></tr><tr><td>5</td><td>settlements with taxing authorities</td><td>-190 ( 190 )</td></tr><tr><td>6</td><td>balance at may 31 2008</td><td>$ 3713</td></tr></table> as of may 31 , 2008 , the total amount of gross unrecognized tax benefits that , if recognized , would affect the effective tax rate is $ 3.7 million . we recognize accrued interest related to unrecognized income tax benefits in interest expense and accrued penalty expense related to unrecognized tax benefits in sales , general and administrative expenses . during fiscal 2008 , we recorded $ 0.3 million of accrued interest and penalty expense related to the unrecognized income tax benefits . we anticipate the total amount of unrecognized income tax benefits will decrease by $ 1.1 million net of interest and penalties from our foreign operations within the next 12 months as a result of the expiration of the statute of limitations . we conduct business globally and file income tax returns in the united states federal jurisdiction and various state and foreign jurisdictions . in the normal course of business , we are subject to examination by taxing authorities throughout the world , including such major jurisdictions as the united states and canada . with few exceptions , we are no longer subject to income tax examinations for years ended may 31 , 2003 and prior . we are currently under audit by the internal revenue service of the united states for the 2004 to 2005 tax years . we expect that the examination phase of the audit for the years 2004 to 2005 will conclude in fiscal 2009 . note 8 2014shareholders 2019 equity on april 5 , 2007 , our board of directors approved a share repurchase program that authorized the purchase of up to $ 100 million of global payments 2019 stock in the open market or as otherwise may be determined by us , subject to market conditions , business opportunities , and other factors . under this authorization , we repurchased 2.3 million shares of our common stock during fiscal 2008 at a cost of $ 87.0 million , or an average of $ 37.85 per share , including commissions . as of may 31 , 2008 , we had $ 13.0 million remaining under our current share repurchase authorization . no amounts were repurchased during fiscal 2007 . note 9 2014share-based awards and options as of may 31 , 2008 , we had four share-based employee compensation plans . for all share-based awards granted after june 1 , 2006 , compensation expense is recognized on a straight-line basis . the fair value of share- based awards granted prior to june 1 , 2006 is amortized as compensation expense on an accelerated basis from the date of the grant . there was no share-based compensation capitalized during fiscal 2008 , 2007 , and 2006. . Question: what was the net change in the balance of unrecognized tax benefits from 2007 to 2008? Answer: -47.0 Question: and as of may of that last year, what was the amount remaining under the current share repurchase authorization?
13000000.0
Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
zimmer biomet holdings , inc . and subsidiaries 2018 form 10-k annual report notes to consolidated financial statements ( continued ) default for unsecured financing arrangements , including , among other things , limitations on consolidations , mergers and sales of assets . financial covenants under the 2018 , 2016 and 2014 credit agreements include a consolidated indebtedness to consolidated ebitda ratio of no greater than 5.0 to 1.0 through june 30 , 2017 , and no greater than 4.5 to 1.0 thereafter . if our credit rating falls below investment grade , additional restrictions would result , including restrictions on investments and payment of dividends . we were in compliance with all covenants under the 2018 , 2016 and 2014 credit agreements as of december 31 , 2018 . as of december 31 , 2018 , there were no borrowings outstanding under the multicurrency revolving facility . we may , at our option , redeem our senior notes , in whole or in part , at any time upon payment of the principal , any applicable make-whole premium , and accrued and unpaid interest to the date of redemption , except that the floating rate notes due 2021 may not be redeemed until on or after march 20 , 2019 and such notes do not have any applicable make-whole premium . in addition , we may redeem , at our option , the 2.700% ( 2.700 % ) senior notes due 2020 , the 3.375% ( 3.375 % ) senior notes due 2021 , the 3.150% ( 3.150 % ) senior notes due 2022 , the 3.700% ( 3.700 % ) senior notes due 2023 , the 3.550% ( 3.550 % ) senior notes due 2025 , the 4.250% ( 4.250 % ) senior notes due 2035 and the 4.450% ( 4.450 % ) senior notes due 2045 without any make-whole premium at specified dates ranging from one month to six months in advance of the scheduled maturity date . the estimated fair value of our senior notes as of december 31 , 2018 , based on quoted prices for the specific securities from transactions in over-the-counter markets ( level 2 ) , was $ 7798.9 million . the estimated fair value of japan term loan a and japan term loan b , in the aggregate , as of december 31 , 2018 , based upon publicly available market yield curves and the terms of the debt ( level 2 ) , was $ 294.7 million . the carrying values of u.s . term loan b and u.s . term loan c approximate fair value as they bear interest at short-term variable market rates . we entered into interest rate swap agreements which we designated as fair value hedges of underlying fixed-rate obligations on our senior notes due 2019 and 2021 . these fair value hedges were settled in 2016 . in 2016 , we entered into various variable-to-fixed interest rate swap agreements that were accounted for as cash flow hedges of u.s . term loan b . in 2018 , we entered into cross-currency interest rate swaps that we designated as net investment hedges . the excluded component of these net investment hedges is recorded in interest expense , net . see note 13 for additional information regarding our interest rate swap agreements . we also have available uncommitted credit facilities totaling $ 55.0 million . at december 31 , 2018 and 2017 , the weighted average interest rate for our borrowings was 3.1 percent and 2.9 percent , respectively . we paid $ 282.8 million , $ 317.5 million , and $ 363.1 million in interest during 2018 , 2017 , and 2016 , respectively . 12 . accumulated other comprehensive ( loss ) income aoci refers to certain gains and losses that under gaap are included in comprehensive income but are excluded from net earnings as these amounts are initially recorded as an adjustment to stockholders 2019 equity . amounts in aoci may be reclassified to net earnings upon the occurrence of certain events . our aoci is comprised of foreign currency translation adjustments , including unrealized gains and losses on net investment hedges , unrealized gains and losses on cash flow hedges , and amortization of prior service costs and unrecognized gains and losses in actuarial assumptions on our defined benefit plans . foreign currency translation adjustments are reclassified to net earnings upon sale or upon a complete or substantially complete liquidation of an investment in a foreign entity . unrealized gains and losses on cash flow hedges are reclassified to net earnings when the hedged item affects net earnings . amounts related to defined benefit plans that are in aoci are reclassified over the service periods of employees in the plan . see note 14 for more information on our defined benefit plans . the following table shows the changes in the components of aoci , net of tax ( in millions ) : foreign currency translation hedges defined benefit plan items . <table class='wikitable'><tr><td>1</td><td>-</td><td>foreign currency translation</td><td>cash flow hedges</td><td>defined benefit plan items</td><td>total aoci</td></tr><tr><td>2</td><td>balance december 31 2017</td><td>$ 121.5</td><td>$ -66.5 ( 66.5 )</td><td>$ -138.2 ( 138.2 )</td><td>$ -83.2 ( 83.2 )</td></tr><tr><td>3</td><td>aoci before reclassifications</td><td>-135.4 ( 135.4 )</td><td>68.2</td><td>-29.7 ( 29.7 )</td><td>-96.9 ( 96.9 )</td></tr><tr><td>4</td><td>reclassifications to retained earnings ( note 2 )</td><td>-17.4 ( 17.4 )</td><td>-4.4 ( 4.4 )</td><td>-21.1 ( 21.1 )</td><td>-42.9 ( 42.9 )</td></tr><tr><td>5</td><td>reclassifications</td><td>-</td><td>23.6</td><td>12.0</td><td>35.6</td></tr><tr><td>6</td><td>balance december 31 2018</td><td>$ -31.3 ( 31.3 )</td><td>$ 20.9</td><td>$ -177.0 ( 177.0 )</td><td>$ -187.4 ( 187.4 )</td></tr></table> . Question: what is the positive balance of the foreign currency translation at the end of 2018?
-31.3
Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
notes to consolidated financial statements 2013 ( continued ) ( amounts in millions , except per share amounts ) assumptions can materially affect the estimate of fair value , and our results of operations could be materially impacted . there were no stock options granted during the years ended december 31 , 2015 and 2014 . the weighted-average grant-date fair value per option during the year ended december 31 , 2013 was $ 4.14 . the fair value of each option grant has been estimated with the following weighted-average assumptions. . <table class='wikitable'><tr><td>1</td><td>-</td><td>year ended december 31 2013</td></tr><tr><td>2</td><td>expected volatility1</td><td>40.2% ( 40.2 % )</td></tr><tr><td>3</td><td>expected term ( years ) 2</td><td>6.9</td></tr><tr><td>4</td><td>risk-free interest rate3</td><td>1.3% ( 1.3 % )</td></tr><tr><td>5</td><td>expected dividend yield4</td><td>2.4% ( 2.4 % )</td></tr></table> expected volatility 1 . . . . . . . . . . . . . . . . . . . . . . . . . . . 40.2% ( 40.2 % ) expected term ( years ) 2 . . . . . . . . . . . . . . . . . . . . . . . . 6.9 risk-free interest rate 3 . . . . . . . . . . . . . . . . . . . . . . . . . 1.3% ( 1.3 % ) expected dividend yield 4 . . . . . . . . . . . . . . . . . . . . . . . 2.4% ( 2.4 % ) 1 the expected volatility used to estimate the fair value of stock options awarded is based on a blend of : ( i ) historical volatility of our common stock for periods equal to the expected term of our stock options and ( ii ) implied volatility of tradable forward put and call options to purchase and sell shares of our common stock . 2 the estimate of our expected term is based on the average of : ( i ) an assumption that all outstanding options are exercised upon achieving their full vesting date and ( ii ) an assumption that all outstanding options will be exercised at the midpoint between the current date ( i.e. , the date awards have ratably vested through ) and their full contractual term . in determining the estimate , we considered several factors , including the historical option exercise behavior of our employees and the terms and vesting periods of the options . 3 the risk-free interest rate is determined using the implied yield currently available for zero-coupon u.s . government issuers with a remaining term equal to the expected term of the options . 4 the expected dividend yield was calculated based on an annualized dividend of $ 0.30 per share in 2013 . stock-based compensation we grant other stock-based compensation awards such as stock-settled awards , cash-settled awards and performance- based awards ( settled in cash or shares ) to certain key employees . the number of shares or units received by an employee for performance-based awards depends on company performance against specific performance targets and could range from 0% ( 0 % ) to 300% ( 300 % ) of the target amount of shares originally granted . incentive awards are subject to certain restrictions and vesting requirements as determined by the compensation committee . the fair value of the shares on the grant date is amortized over the vesting period , which is generally three years . upon completion of the vesting period for cash-settled awards , the grantee is entitled to receive a payment in cash based on the fair market value of the corresponding number of shares of common stock . no monetary consideration is paid by a recipient for any incentive award . the fair value of cash-settled awards is adjusted each quarter based on our share price . the holders of stock-settled awards have absolute ownership interest in the underlying shares of common stock prior to vesting , which includes the right to vote and receive dividends . dividends declared on common stock are accrued during the vesting period and paid when the award vests . the holders of cash-settled and performance-based awards have no ownership interest in the underlying shares of common stock until the awards vest and the shares of common stock are issued. . Question: how many stock options were granted in 2014? Answer: 0.0 Question: what about in 2015? Answer: 0.0 Question: what is the total?
0.0
Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
future minimum operating lease payments for leases with remaining terms greater than one year for each of the years in the five years ending december 31 , 2015 , and thereafter in the aggregate , are as follows ( in millions ) : . <table class='wikitable'><tr><td>1</td><td>2011</td><td>$ 65.1</td></tr><tr><td>2</td><td>2012</td><td>47.6</td></tr><tr><td>3</td><td>2013</td><td>35.7</td></tr><tr><td>4</td><td>2014</td><td>27.8</td></tr><tr><td>5</td><td>2015</td><td>24.3</td></tr><tr><td>6</td><td>thereafter</td><td>78.1</td></tr><tr><td>7</td><td>total</td><td>$ 278.6</td></tr></table> in addition , the company has operating lease commitments relating to office equipment and computer hardware with annual lease payments of approximately $ 16.3 million per year which renew on a short-term basis . rent expense incurred under all operating leases during the years ended december 31 , 2010 , 2009 and 2008 was $ 116.1 million , $ 100.2 million and $ 117.0 million , respectively . included in discontinued operations in the consolidated statements of earnings was rent expense of $ 2.0 million , $ 1.8 million and $ 17.0 million for the years ended december 31 , 2010 , 2009 and 2008 , respectively . data processing and maintenance services agreements . the company has agreements with various vendors , which expire between 2011 and 2017 , for portions of its computer data processing operations and related functions . the company 2019s estimated aggregate contractual obligation remaining under these agreements was approximately $ 554.3 million as of december 31 , 2010 . however , this amount could be more or less depending on various factors such as the inflation rate , foreign exchange rates , the introduction of significant new technologies , or changes in the company 2019s data processing needs . ( 16 ) employee benefit plans stock purchase plan fis employees participate in an employee stock purchase plan ( espp ) . eligible employees may voluntarily purchase , at current market prices , shares of fis 2019 common stock through payroll deductions . pursuant to the espp , employees may contribute an amount between 3% ( 3 % ) and 15% ( 15 % ) of their base salary and certain commissions . shares purchased are allocated to employees based upon their contributions . the company contributes varying matching amounts as specified in the espp . the company recorded an expense of $ 14.3 million , $ 12.4 million and $ 14.3 million , respectively , for the years ended december 31 , 2010 , 2009 and 2008 , relating to the participation of fis employees in the espp . included in discontinued operations in the consolidated statements of earnings was expense of $ 0.1 million and $ 3.0 million for the years ended december 31 , 2009 and 2008 , respectively . 401 ( k ) profit sharing plan the company 2019s employees are covered by a qualified 401 ( k ) plan . eligible employees may contribute up to 40% ( 40 % ) of their pretax annual compensation , up to the amount allowed pursuant to the internal revenue code . the company generally matches 50% ( 50 % ) of each dollar of employee contribution up to 6% ( 6 % ) of the employee 2019s total eligible compensation . the company recorded expense of $ 23.1 million , $ 16.6 million and $ 18.5 million , respectively , for the years ended december 31 , 2010 , 2009 and 2008 , relating to the participation of fis employees in the 401 ( k ) plan . included in discontinued operations in the consolidated statements of earnings was expense of $ 0.1 million and $ 3.9 million for the years ended december 31 , 2009 and 2008 , respectively . fidelity national information services , inc . and subsidiaries notes to consolidated financial statements 2014 ( continued ) %%transmsg*** transmitting job : g26369 pcn : 083000000 ***%%pcmsg|83 |00006|yes|no|03/28/2011 17:32|0|0|page is valid , no graphics -- color : n| . Question: what was the net rent expense in 2010? Answer: 116.1 Question: and what was it in 2009? Answer: 100.2 Question: what was, then, the change in net rent expense over the year? Answer: 15.9 Question: and how much does this change represent in relation to the 2009 net rent expense?
0.15868
Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
item 7 . management 2019s discussion and analysis of financial condition and results of operations our management 2019s discussion and analysis of financial condition and results of operations ( md&a ) is provided in addition to the accompanying consolidated financial statements and notes to assist readers in understanding our results of operations , financial condition , and cash flows . md&a is organized as follows : 2022 overview . discussion of our business and overall analysis of financial and other highlights affecting the company in order to provide context for the remainder of md&a . 2022 critical accounting estimates . accounting estimates that we believe are most important to understanding the assumptions and judgments incorporated in our reported financial results and forecasts . 2022 results of operations . an analysis of our financial results comparing 2013 to 2012 and comparing 2012 to 2022 liquidity and capital resources . an analysis of changes in our balance sheets and cash flows , and discussion of our financial condition and potential sources of liquidity . 2022 fair value of financial instruments . discussion of the methodologies used in the valuation of our financial instruments . 2022 contractual obligations and off-balance-sheet arrangements . overview of contractual obligations , contingent liabilities , commitments , and off-balance-sheet arrangements outstanding as of december 28 , 2013 , including expected payment schedule . the various sections of this md&a contain a number of forward-looking statements that involve a number of risks and uncertainties . words such as 201canticipates , 201d 201cexpects , 201d 201cintends , 201d 201cplans , 201d 201cbelieves , 201d 201cseeks , 201d 201cestimates , 201d 201ccontinues , 201d 201cmay , 201d 201cwill , 201d 201cshould , 201d and variations of such words and similar expressions are intended to identify such forward-looking statements . in addition , any statements that refer to projections of our future financial performance , our anticipated growth and trends in our businesses , uncertain events or assumptions , and other characterizations of future events or circumstances are forward-looking statements . such statements are based on our current expectations and could be affected by the uncertainties and risk factors described throughout this filing and particularly in 201crisk factors 201d in part i , item 1a of this form 10-k . our actual results may differ materially , and these forward-looking statements do not reflect the potential impact of any divestitures , mergers , acquisitions , or other business combinations that had not been completed as of february 14 , 2014 . overview our results of operations for each period were as follows: . <table class='wikitable'><tr><td>1</td><td>( dollars in millions except per share amounts )</td><td>three months ended dec . 282013</td><td>three months ended sept . 282013</td><td>three months ended change</td><td>three months ended dec . 282013</td><td>three months ended dec . 292012</td><td>change</td></tr><tr><td>2</td><td>net revenue</td><td>$ 13834</td><td>$ 13483</td><td>$ 351</td><td>$ 52708</td><td>$ 53341</td><td>$ -633 ( 633 )</td></tr><tr><td>3</td><td>gross margin</td><td>$ 8571</td><td>$ 8414</td><td>$ 157</td><td>$ 31521</td><td>$ 33151</td><td>$ -1630 ( 1630 )</td></tr><tr><td>4</td><td>gross margin percentage</td><td>62.0% ( 62.0 % )</td><td>62.4% ( 62.4 % )</td><td>( 0.4 ) % ( % )</td><td>59.8% ( 59.8 % )</td><td>62.1% ( 62.1 % )</td><td>( 2.3 ) % ( % )</td></tr><tr><td>5</td><td>operating income</td><td>$ 3549</td><td>$ 3504</td><td>$ 45</td><td>$ 12291</td><td>$ 14638</td><td>$ -2347 ( 2347 )</td></tr><tr><td>6</td><td>net income</td><td>$ 2625</td><td>$ 2950</td><td>$ -325 ( 325 )</td><td>$ 9620</td><td>$ 11005</td><td>$ -1385 ( 1385 )</td></tr><tr><td>7</td><td>diluted earnings per common share</td><td>$ 0.51</td><td>$ 0.58</td><td>$ -0.07 ( 0.07 )</td><td>$ 1.89</td><td>$ 2.13</td><td>$ -0.24 ( 0.24 )</td></tr></table> revenue for 2013 was down 1% ( 1 % ) from 2012 . pccg experienced lower platform unit sales in the first half of the year , but saw offsetting growth in the back half as the pc market began to show signs of stabilization . dcg continued to benefit from the build out of internet cloud computing and the strength of our product portfolio resulting in increased platform volumes for dcg for the year . higher factory start-up costs for our next-generation 14nm process technology led to a decrease in gross margin compared to 2012 . in response to the current business environment and to better align resources , management approved several restructuring actions including targeted workforce reductions as well as the exit of certain businesses and facilities . these actions resulted in restructuring and asset impairment charges of $ 240 million for 2013 . table of contents . Question: what was the change in the net revenue from 2012 to 2013? Answer: -633.0 Question: and what was that net revenue in 2012?
53341.0
Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
comparison of cumulative return among lkq corporation , the nasdaq stock market ( u.s. ) index and the peer group . <table class='wikitable'><tr><td>1</td><td>-</td><td>12/31/2007</td><td>12/31/2008</td><td>12/31/2009</td><td>12/31/2010</td><td>12/31/2011</td><td>12/31/2012</td></tr><tr><td>2</td><td>lkq corporation</td><td>$ 100</td><td>$ 55</td><td>$ 93</td><td>$ 108</td><td>$ 143</td><td>$ 201</td></tr><tr><td>3</td><td>nasdaq stock market ( u.s. ) index</td><td>$ 100</td><td>$ 59</td><td>$ 86</td><td>$ 100</td><td>$ 98</td><td>$ 114</td></tr><tr><td>4</td><td>peer group</td><td>$ 100</td><td>$ 83</td><td>$ 100</td><td>$ 139</td><td>$ 187</td><td>$ 210</td></tr></table> this stock performance information is "furnished" and shall not be deemed to be "soliciting material" or subject to rule 14a , shall not be deemed "filed" for purposes of section 18 of the securities exchange act of 1934 or otherwise subject to the liabilities of that section , and shall not be deemed incorporated by reference in any filing under the securities act of 1933 or the securities exchange act of 1934 , whether made before or after the date of this report and irrespective of any general incorporation by reference language in any such filing , except to the extent that it specifically incorporates the information by reference . information about our common stock that may be issued under our equity compensation plans as of december 31 , 2012 included in part iii , item 12 of this annual report on form 10-k is incorporated herein by reference. . Question: what was the change in value of lkq corporation price between 2007 and 2012? Answer: 101.0 Question: what was the price of lkq corporation in 2007? Answer: 100.0 Question: what is the percent change? Answer: 1.01 Question: what was the change in value of the peer group between 2007 and 2012?
110.0
Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
table of contents adobe inc . notes to consolidated financial statements ( continued ) stock options the 2003 plan allows us to grant options to all employees , including executive officers , outside consultants and non- employee directors . this plan will continue until the earlier of ( i ) termination by the board or ( ii ) the date on which all of the shares available for issuance under the plan have been issued and restrictions on issued shares have lapsed . option vesting periods used in the past were generally four years and expire seven years from the effective date of grant . we eliminated the use of stock option grants for all employees and non-employee directors but may choose to issue stock options in the future . performance share programs our 2018 , 2017 and 2016 performance share programs aim to help focus key employees on building stockholder value , provide significant award potential for achieving outstanding company performance and enhance the ability of the company to attract and retain highly talented and competent individuals . the executive compensation committee of our board of directors approves the terms of each of our performance share programs , including the award calculation methodology , under the terms of our 2003 plan . shares may be earned based on the achievement of an objective relative total stockholder return measured over a three-year performance period . performance share awards will be awarded and fully vest upon the later of the executive compensation committee's certification of the level of achievement or the three-year anniversary of each grant . program participants generally have the ability to receive up to 200% ( 200 % ) of the target number of shares originally granted . on january 24 , 2018 , the executive compensation committee approved the 2018 performance share program , the terms of which are similar to prior year performance share programs as discussed above . as of november 30 , 2018 , the shares awarded under our 2018 , 2017 and 2016 performance share programs are yet to be achieved . issuance of shares upon exercise of stock options , vesting of restricted stock units and performance shares , and purchases of shares under the espp , we will issue treasury stock . if treasury stock is not available , common stock will be issued . in order to minimize the impact of on-going dilution from exercises of stock options and vesting of restricted stock units and performance shares , we instituted a stock repurchase program . see note 12 for information regarding our stock repurchase programs . valuation of stock-based compensation stock-based compensation cost is measured at the grant date based on the fair value of the award . our performance share awards are valued using a monte carlo simulation model . the fair value of the awards are fixed at grant date and amortized over the longer of the remaining performance or service period . we use the black-scholes option pricing model to determine the fair value of espp shares . the determination of the fair value of stock-based payment awards on the date of grant using an option pricing model is affected by our stock price as well as assumptions regarding a number of complex and subjective variables . these variables include our expected stock price volatility over the expected term of the awards , actual and projected employee stock option exercise behaviors , a risk-free interest rate and any expected dividends . the expected term of espp shares is the average of the remaining purchase periods under each offering period . the assumptions used to value employee stock purchase rights were as follows: . <table class='wikitable'><tr><td>1</td><td>-</td><td>2018</td><td>2017</td><td>2016</td></tr><tr><td>2</td><td>expected life ( in years )</td><td>0.5 - 2.0</td><td>0.5 - 2.0</td><td>0.5 - 2.0</td></tr><tr><td>3</td><td>volatility</td><td>26% ( 26 % ) - 29% ( 29 % )</td><td>22% ( 22 % ) - 27% ( 27 % )</td><td>26 - 29% ( 29 % )</td></tr><tr><td>4</td><td>risk free interest rate</td><td>1.54% ( 1.54 % ) - 2.52% ( 2.52 % )</td><td>0.62% ( 0.62 % ) - 1.41% ( 1.41 % )</td><td>0.37 - 1.06% ( 1.06 % )</td></tr></table> . Question: what was the low bound for volatility in 2018? Answer: 0.26 Question: and the upper bound?
0.29
Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
other long term debt in december 2012 , the company entered into a $ 50.0 million recourse loan collateralized by the land , buildings and tenant improvements comprising the company 2019s corporate headquarters . the loan has a seven year term and maturity date of december 2019 . the loan bears interest at one month libor plus a margin of 1.50% ( 1.50 % ) , and allows for prepayment without penalty . the loan includes covenants and events of default substantially consistent with the company 2019s credit agreement discussed above . the loan also requires prior approval of the lender for certain matters related to the property , including transfers of any interest in the property . as of december 31 , 2017 and 2016 , the outstanding balance on the loan was $ 40.0 million and $ 42.0 million , respectively . the weighted average interest rate on the loan was 2.5% ( 2.5 % ) and 2.0% ( 2.0 % ) for the years ended december 31 , 2017 and 2016 , respectively . the following are the scheduled maturities of long term debt as of december 31 , 2017 : ( in thousands ) . <table class='wikitable'><tr><td>1</td><td>2018</td><td>$ 27000</td></tr><tr><td>2</td><td>2019</td><td>63000</td></tr><tr><td>3</td><td>2020</td><td>25000</td></tr><tr><td>4</td><td>2021</td><td>86250</td></tr><tr><td>5</td><td>2022</td><td>2014</td></tr><tr><td>6</td><td>2023 and thereafter</td><td>600000</td></tr><tr><td>7</td><td>total scheduled maturities of long term debt</td><td>$ 801250</td></tr><tr><td>8</td><td>current maturities of long term debt</td><td>$ 27000</td></tr></table> interest expense , net was $ 34.5 million , $ 26.4 million , and $ 14.6 million for the years ended december 31 , 2017 , 2016 and 2015 , respectively . interest expense includes the amortization of deferred financing costs , bank fees , capital and built-to-suit lease interest and interest expense under the credit and other long term debt facilities . amortization of deferred financing costs was $ 1.3 million , $ 1.2 million , and $ 0.8 million for the years ended december 31 , 2017 , 2016 and 2015 , respectively . the company monitors the financial health and stability of its lenders under the credit and other long term debt facilities , however during any period of significant instability in the credit markets lenders could be negatively impacted in their ability to perform under these facilities . 7 . commitments and contingencies obligations under operating leases the company leases warehouse space , office facilities , space for its brand and factory house stores and certain equipment under non-cancelable operating leases . the leases expire at various dates through 2033 , excluding extensions at the company 2019s option , and include provisions for rental adjustments . the table below includes executed lease agreements for brand and factory house stores that the company did not yet occupy as of december 31 , 2017 and does not include contingent rent the company may incur at its stores based on future sales above a specified minimum or payments made for maintenance , insurance and real estate taxes . the following is a schedule of future minimum lease payments for non-cancelable real property operating leases as of december 31 , 2017 as well as . Question: what was the interest expense in 2017?
34.5
Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
the following table illustrates the effect that a 10% ( 10 % ) unfavorable or favorable movement in foreign currency exchange rates , relative to the u.s . dollar , would have on the fair value of our forward exchange contracts as of october 30 , 2010 and october 31 , 2009: . <table class='wikitable'><tr><td>1</td><td>-</td><td>october 30 2010</td><td>october 31 2009</td></tr><tr><td>2</td><td>fair value of forward exchange contracts asset</td><td>$ 7256</td><td>$ 8367</td></tr><tr><td>3</td><td>fair value of forward exchange contracts after a 10% ( 10 % ) unfavorable movement in foreign currency exchange rates asset</td><td>$ 22062</td><td>$ 20132</td></tr><tr><td>4</td><td>fair value of forward exchange contracts after a 10% ( 10 % ) favorable movement in foreign currency exchange rates liability</td><td>$ -7396 ( 7396 )</td><td>$ -6781 ( 6781 )</td></tr></table> fair value of forward exchange contracts after a 10% ( 10 % ) unfavorable movement in foreign currency exchange rates asset . . . . . . . . . . . . . . . . . $ 22062 $ 20132 fair value of forward exchange contracts after a 10% ( 10 % ) favorable movement in foreign currency exchange rates liability . . . . . . . . . . . . . . . . . . . . . . . $ ( 7396 ) $ ( 6781 ) the calculation assumes that each exchange rate would change in the same direction relative to the u.s . dollar . in addition to the direct effects of changes in exchange rates , such changes typically affect the volume of sales or the foreign currency sales price as competitors 2019 products become more or less attractive . our sensitivity analysis of the effects of changes in foreign currency exchange rates does not factor in a potential change in sales levels or local currency selling prices. . Question: what was the fair value of forward exchange contracts asset in 2010? Answer: 7256.0 Question: and what was it in 2009? Answer: 8367.0 Question: what was, then, the change over the year? Answer: -1111.0 Question: what was the fair value of forward exchange contracts asset in 2009?
8367.0
Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
do so , cme invests such contributions in assets that mirror the assumed investment choices . the balances in these plans are subject to the claims of general creditors of the exchange and totaled $ 38.7 million and $ 31.8 million at december 31 , 2012 and 2011 respectively . although the value of the plans is recorded as an asset in marketable securities in the consolidated balance sheets , there is an equal and offsetting liability . the investment results of these plans have no impact on net income as the investment results are recorded in equal amounts to both investment income and compensation and benefits expense . supplemental savings plan . cme maintains a supplemental plan to provide benefits for employees who have been impacted by statutory limits under the provisions of the qualified pension and savings plan . employees in this plan are subject to the vesting requirements of the underlying qualified plans . deferred compensation plan . a deferred compensation plan is maintained by cme , under which eligible officers and members of the board of directors may contribute a percentage of their compensation and defer income taxes thereon until the time of distribution . comex members 2019 retirement plan and benefits . comex maintains a retirement and benefit plan under the comex members 2019 recognition and retention plan ( mrrp ) . this plan provides benefits to certain members of the comex division based on long-term membership , and participation is limited to individuals who were comex division members prior to nymex 2019s acquisition of comex in 1994 . no new participants were permitted into the plan after the date of this acquisition . under the terms of the mrrp , the company is required to fund the plan with a minimum annual contribution of $ 0.8 million until it is fully funded . all benefits to be paid under the mrrp are based on reasonable actuarial assumptions which are based upon the amounts that are available and are expected to be available to pay benefits . total contributions to the plan were $ 0.8 million for each of 2010 through 2012 . at december 31 , 2012 and 2011 , the obligation for the mrrp totaled $ 22.7 million and $ 21.6 million , respectively . assets with a fair value of $ 18.4 million and $ 17.7 million have been allocated to this plan at december 31 , 2012 and 2011 , respectively , and are included in marketable securities and cash and cash equivalents in the consolidated balance sheets . the balances in these plans are subject to the claims of general creditors of comex . 13 . commitments operating leases . cme group has entered into various non-cancellable operating lease agreements , with the most significant being as follows : 2022 in april 2012 , the company sold two buildings in chicago at 141 w . jackson and leased back a portion of the property . the operating lease , which has an initial lease term ending on april 30 , 2027 , contains four consecutive renewal options for five years . 2022 in january 2011 , the company entered into an operating lease for office space in london . the initial lease term , which became effective on january 20 , 2011 , terminates on march 24 , 2026 , with an option to terminate without penalty in january 2021 . 2022 in july 2008 , the company renegotiated the operating lease for its headquarters at 20 south wacker drive in chicago . the lease , which has an initial term ending on november 30 , 2022 , contains two consecutive renewal options for seven and ten years and a contraction option which allows the company to reduce its occupied space after november 30 , 2018 . in addition , the company may exercise a lease expansion option in december 2017 . 2022 in august 2006 , the company entered into an operating lease for additional office space in chicago . the initial lease term , which became effective on august 10 , 2006 , terminates on november 30 , 2023 . the lease contains two 5-year renewal options beginning in 2023 . at december 31 , 2012 , future minimum payments under non-cancellable operating leases were payable as follows ( in millions ) : . <table class='wikitable'><tr><td>1</td><td>2013</td><td>$ 28.7</td></tr><tr><td>2</td><td>2014</td><td>29.1</td></tr><tr><td>3</td><td>2015</td><td>28.9</td></tr><tr><td>4</td><td>2016</td><td>28.9</td></tr><tr><td>5</td><td>2017</td><td>29.3</td></tr><tr><td>6</td><td>thereafter</td><td>152.9</td></tr><tr><td>7</td><td>total</td><td>$ 297.8</td></tr></table> . Question: what was the change in the obligation for the mrrp between 2011 and 2012?
1.1
Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
proved reserves can be added as expansions are permitted , funding is approved and certain stipulations of the joint venture agreement are satisfied . the following table sets forth changes in estimated quantities of net proved bitumen reserves for the year 2008 . estimated quantities of proved bitumen reserves ( millions of barrels ) 2008 . <table class='wikitable'><tr><td>1</td><td>( millions of barrels )</td><td>2008</td></tr><tr><td>2</td><td>beginning of year</td><td>421</td></tr><tr><td>3</td><td>revisions ( a )</td><td>-30 ( 30 )</td></tr><tr><td>4</td><td>extensions discoveries and additions</td><td>6</td></tr><tr><td>5</td><td>production</td><td>-9 ( 9 )</td></tr><tr><td>6</td><td>end of year</td><td>388</td></tr></table> ( a ) revisions were driven primarily by price and the impact of the new royalty regime discussed below . the above estimated quantity of net proved bitumen reserves is a forward-looking statement and is based on a number of assumptions , including ( among others ) commodity prices , volumes in-place , presently known physical data , recoverability of bitumen , industry economic conditions , levels of cash flow from operations , and other operating considerations . to the extent these assumptions prove inaccurate , actual recoveries could be different than current estimates . for a discussion of the proved bitumen reserves estimation process , see item 7 . management 2019s discussion and analysis of financial condition and results of operations 2013 critical accounting estimates 2013 estimated net recoverable reserve quantities 2013 proved bitumen reserves . operations at the aosp are not within the scope of statement of financial accounting standards ( 201csfas 201d ) no . 25 , 201csuspension of certain accounting requirements for oil and gas producing companies ( an amendment of financial accounting standards board ( 201cfasb 201d ) statement no . 19 ) , 201d sfas no . 69 , 201cdisclosures about oil and gas producing activities ( an amendment of fasb statements 19 , 25 , 33 and 39 ) , 201d and securities and exchange commission ( 201csec 201d ) rule 4-10 of regulation s-x ; therefore , bitumen production and reserves are not included in our supplementary information on oil and gas producing activities . the sec has recently issued a release amending these disclosure requirements effective for annual reports on form 10-k for fiscal years ending on or after december 31 , 2009 , see item 7 . management 2019s discussion and analysis of financial condition and results of operations 2013 accounting standards not yet adopted for additional information . prior to our acquisition of western , the first fully-integrated expansion of the existing aosp facilities was approved in 2006 . expansion 1 , which includes construction of mining and extraction facilities at the jackpine mine , expansion of treatment facilities at the existing muskeg river mine , expansion of the scotford upgrader and development of related infrastructure , is anticipated to begin operations in late 2010 or 2011 . when expansion 1 is complete , we will have more than 50000 bpd of net production and upgrading capacity in the canadian oil sands . the timing and scope of future expansions and debottlenecking opportunities on existing operations remain under review . during 2008 , the alberta government accepted the project 2019s application to have a portion of the expansion 1 capital costs form part of the muskeg river mine 2019s allowable cost recovery pool . due to commodity price declines in the year , royalties for 2008 were one percent of the gross mine revenue . commencing january 1 , 2009 , the alberta royalty regime has been amended such that royalty rates will be based on the canadian dollar ( 201ccad 201d ) equivalent monthly average west texas intermediate ( 201cwti 201d ) price . royalty rates will rise from a minimum of one percent to a maximum of nine percent under the gross revenue method and from a minimum of 25 percent to a maximum of 40 percent under the net revenue method . under both methods , the minimum royalty is based on a wti price of $ 55.00 cad per barrel and below while the maximum royalty is reached at a wti price of $ 120.00 cad per barrel and above , with a linear increase in royalty between the aforementioned prices . the above discussion of the oil sands mining segment includes forward-looking statements concerning the anticipated completion of aosp expansion 1 . factors which could affect the expansion project include transportation logistics , availability of materials and labor , unforeseen hazards such as weather conditions , delays in obtaining or conditions imposed by necessary government and third-party approvals and other risks customarily associated with construction projects . refining , marketing and transportation refining we own and operate seven refineries in the gulf coast , midwest and upper great plains regions of the united states with an aggregate refining capacity of 1.016 million barrels per day ( 201cmmbpd 201d ) of crude oil . during 2008 . Question: how much did the proved bitumen reserves change over 2008? Answer: -33.0 Question: and the percentage decline during this time? Answer: -0.07838 Question: what was the total amount of barrels between the beginning and end of year balances?
809.0
Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
december 2016 acquisition of camber and higher volumes in fleet support and oil and gas services , partially offset by lower nuclear and environmental volumes due to the resolution in 2016 of outstanding contract changes on a nuclear and environmental commercial contract . segment operating income 2018 - operating income in the technical solutions segment for the year ended december 31 , 2018 , was $ 32 million , compared to operating income of $ 21 million in 2017 . the increase was primarily due to an allowance for accounts receivable in 2017 on a nuclear and environmental commercial contract and higher income from operating investments at our nuclear and environmental joint ventures , partially offset by one time employee bonus payments in 2018 related to the tax act and lower performance in fleet support services . 2017 - operating income in the technical solutions segment for the year ended december 31 , 2017 , was $ 21 million , compared to operating income of $ 8 million in 2016 . the increase was primarily due to improved performance in oil and gas services and higher volume in mdis services following the december 2016 acquisition of camber , partially offset by the establishment of an allowance for accounts receivable on a nuclear and environmental commercial contract in 2017 and the resolution in 2016 of outstanding contract changes on a nuclear and environmental commercial contract . backlog total backlog as of december 31 , 2018 , was approximately $ 23 billion . total backlog includes both funded backlog ( firm orders for which funding is contractually obligated by the customer ) and unfunded backlog ( firm orders for which funding is not currently contractually obligated by the customer ) . backlog excludes unexercised contract options and unfunded idiq orders . for contracts having no stated contract values , backlog includes only the amounts committed by the customer . the following table presents funded and unfunded backlog by segment as of december 31 , 2018 and 2017: . <table class='wikitable'><tr><td>1</td><td>( $ in millions )</td><td>december 31 2018 funded</td><td>december 31 2018 unfunded</td><td>december 31 2018 total backlog</td><td>december 31 2018 funded</td><td>december 31 2018 unfunded</td><td>total backlog</td></tr><tr><td>2</td><td>ingalls</td><td>$ 9943</td><td>$ 1422</td><td>$ 11365</td><td>$ 5920</td><td>$ 2071</td><td>$ 7991</td></tr><tr><td>3</td><td>newport news</td><td>6767</td><td>4144</td><td>10911</td><td>6976</td><td>5608</td><td>12584</td></tr><tr><td>4</td><td>technical solutions</td><td>339</td><td>380</td><td>719</td><td>478</td><td>314</td><td>792</td></tr><tr><td>5</td><td>total backlog</td><td>$ 17049</td><td>$ 5946</td><td>$ 22995</td><td>$ 13374</td><td>$ 7993</td><td>$ 21367</td></tr></table> we expect approximately 30% ( 30 % ) of the $ 23 billion total backlog as of december 31 , 2018 , to be converted into sales in 2019 . u.s . government orders comprised substantially all of the backlog as of december 31 , 2018 and 2017 . awards 2018 - the value of new contract awards during the year ended december 31 , 2018 , was approximately $ 9.8 billion . significant new awards during the period included contracts for the construction of three arleigh burke class ( ddg 51 ) destroyers , for the detail design and construction of richard m . mccool jr . ( lpd 29 ) , for procurement of long-lead-time material for enterprise ( cvn 80 ) , and for the construction of nsc 10 ( unnamed ) and nsc 11 ( unnamed ) . in addition , we received awards in 2019 valued at $ 15.2 billion for detail design and construction of the gerald r . ford class ( cvn 78 ) aircraft carriers enterprise ( cvn 80 ) and cvn 81 ( unnamed ) . 2017 - the value of new contract awards during the year ended december 31 , 2017 , was approximately $ 8.1 billion . significant new awards during this period included the detailed design and construction contract for bougainville ( lha 8 ) and the execution contract for the rcoh of uss george washington ( cvn 73 ) . . Question: what was the operating income in 2017? Answer: 21.0 Question: how much did this change from 2016?
13.0
Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.