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74 2012 ppg annual report and form 10-k 25 . separation and merger transaction on january , 28 , 2013 , the company completed the previously announced separation of its commodity chemicals business and merger of its wholly-owned subsidiary , eagle spinco inc. , with a subsidiary of georgia gulf corporation in a tax efficient reverse morris trust transaction ( the 201ctransaction 201d ) . pursuant to the merger , eagle spinco , the entity holding ppg's former commodity chemicals business , is now a wholly-owned subsidiary of georgia gulf . the closing of the merger followed the expiration of the related exchange offer and the satisfaction of certain other conditions . the combined company formed by uniting georgia gulf with ppg's former commodity chemicals business is named axiall corporation ( 201caxiall 201d ) . ppg holds no ownership interest in axiall . ppg received the necessary ruling from the internal revenue service and as a result this transaction was generally tax free to ppg and its shareholders . under the terms of the exchange offer , 35249104 shares of eagle spinco common stock were available for distribution in exchange for shares of ppg common stock accepted in the offer . following the merger , each share of eagle spinco common stock automatically converted into the right to receive one share of axiall corporation common stock . accordingly , ppg shareholders who tendered their shares of ppg common stock as part of this offer received 3.2562 shares of axiall common stock for each share of ppg common stock accepted for exchange . ppg was able to accept the maximum of 10825227 shares of ppg common stock for exchange in the offer , and thereby , reduced its outstanding shares by approximately 7% ( 7 % ) . under the terms of the transaction , ppg received $ 900 million of cash and 35.2 million shares of axiall common stock ( market value of $ 1.8 billion on january 25 , 2013 ) which was distributed to ppg shareholders by the exchange offer as described above . the cash consideration is subject to customary post-closing adjustment , including a working capital adjustment . in the transaction , ppg transferred environmental remediation liabilities , defined benefit pension plan assets and liabilities and other post-employment benefit liabilities related to the commodity chemicals business to axiall . ppg will report a gain on the transaction reflecting the excess of the sum of the cash proceeds received and the cost ( closing stock price on january 25 , 2013 ) of the ppg shares tendered and accepted in the exchange for the 35.2 million shares of axiall common stock over the net book value of the net assets of ppg's former commodity chemicals business . the transaction will also result in a net partial settlement loss associated with the spin out and termination of defined benefit pension liabilities and the transfer of other post-retirement benefit liabilities under the terms of the transaction . during 2012 , the company incurred $ 21 million of pretax expense , primarily for professional services , related to the transaction . additional transaction-related expenses will be incurred in 2013 . ppg will report the results of its commodity chemicals business for january 2013 and a net gain on the transaction as results from discontinued operations when it reports its results for the quarter ending march 31 , 2013 . in the ppg results for prior periods , presented for comparative purposes beginning with the first quarter 2013 , the results of its former commodity chemicals business will be reclassified from continuing operations and presented as the results from discontinued operations . the net sales and income before income taxes of the commodity chemicals business that will be reclassified and reported as discontinued operations are presented in the table below for the years ended december 31 , 2012 , 2011 and 2010: . <table class='wikitable'><tr><td>1</td><td>millions</td><td>year-ended 2012</td><td>year-ended 2011</td><td>year-ended 2010</td></tr><tr><td>2</td><td>net sales</td><td>$ 1700</td><td>$ 1741</td><td>$ 1441</td></tr><tr><td>3</td><td>income before income taxes</td><td>$ 368</td><td>$ 376</td><td>$ 187</td></tr></table> income before income taxes for the year ended december 31 , 2012 , 2011 and 2010 is $ 4 million lower , $ 6 million higher and $ 2 million lower , respectively , than segment earnings for the ppg commodity chemicals segment reported for these periods . these differences are due to the inclusion of certain gains , losses and expenses associated with the chlor-alkali and derivatives business that were not reported in the ppg commodity chemicals segment earnings in accordance with the accounting guidance on segment reporting . table of contents notes to the consolidated financial statements . Question: what was the total market value of the received shares of axiall common stock under the terms of the transaction, in billions?

1.8

Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.

the pnc financial services group , inc . 2013 form 10-k 65 liquidity and capital management liquidity risk has two fundamental components . the first is potential loss assuming we were unable to meet our funding requirements at a reasonable cost . the second is the potential inability to operate our businesses because adequate contingent liquidity is not available . we manage liquidity risk at the consolidated company level ( bank , parent company and nonbank subsidiaries combined ) to help ensure that we can obtain cost-effective funding to meet current and future obligations under both normal 201cbusiness as usual 201d and stressful circumstances , and to help ensure that we maintain an appropriate level of contingent liquidity . management monitors liquidity through a series of early warning indicators that may indicate a potential market , or pnc-specific , liquidity stress event . in addition , management performs a set of liquidity stress tests over multiple time horizons with varying levels of severity and maintains a contingency funding plan to address a potential liquidity stress event . in the most severe liquidity stress simulation , we assume that our liquidity position is under pressure , while the market in general is under systemic pressure . the simulation considers , among other things , the impact of restricted access to both secured and unsecured external sources of funding , accelerated run-off of customer deposits , valuation pressure on assets and heavy demand to fund committed obligations . parent company liquidity guidelines are designed to help ensure that sufficient liquidity is available to meet our parent company obligations over the succeeding 24-month period . liquidity-related risk limits are established within our enterprise liquidity management policy and supporting policies . management committees , including the asset and liability committee , and the board of directors and its risk committee regularly review compliance with key established limits . in addition to these liquidity monitoring measures and tools described above , we also monitor our liquidity by reference to the liquidity coverage ratio ( lcr ) which is further described in the supervision and regulation section in item 1 of this report . pnc and pnc bank calculate the lcr on a daily basis and as of december 31 , 2018 , the lcr for pnc and pnc bank exceeded the fully phased-in requirement of 100% ( 100 % ) . we provide additional information regarding regulatory liquidity requirements and their potential impact on us in the supervision and regulation section of item 1 business and item 1a risk factors of this report . sources of liquidity our largest source of liquidity on a consolidated basis is the customer deposit base generated by our banking businesses . these deposits provide relatively stable and low-cost funding . total deposits increased to $ 267.8 billion at december 31 , 2018 from $ 265.1 billion at december 31 , 2017 driven by growth in interest-bearing deposits partially offset by a decrease in noninterest-bearing deposits . see the funding sources section of the consolidated balance sheet review in this report for additional information related to our deposits . additionally , certain assets determined by us to be liquid as well as unused borrowing capacity from a number of sources are also available to manage our liquidity position . at december 31 , 2018 , our liquid assets consisted of short-term investments ( federal funds sold , resale agreements , trading securities and interest-earning deposits with banks ) totaling $ 22.1 billion and securities available for sale totaling $ 63.4 billion . the level of liquid assets fluctuates over time based on many factors , including market conditions , loan and deposit growth and balance sheet management activities . our liquid assets included $ 2.7 billion of securities available for sale and trading securities pledged as collateral to secure public and trust deposits , repurchase agreements and for other purposes . in addition , $ 4.9 billion of securities held to maturity were also pledged as collateral for these purposes . we also obtain liquidity through various forms of funding , including long-term debt ( senior notes , subordinated debt and fhlb borrowings ) and short-term borrowings ( securities sold under repurchase agreements , commercial paper and other short-term borrowings ) . see note 10 borrowed funds and the funding sources section of the consolidated balance sheet review in this report for additional information related to our borrowings . total senior and subordinated debt , on a consolidated basis , decreased due to the following activity : table 24 : senior and subordinated debt . <table class='wikitable'><tr><td>1</td><td>in billions</td><td>2018</td></tr><tr><td>2</td><td>january 1</td><td>$ 33.3</td></tr><tr><td>3</td><td>issuances</td><td>4.5</td></tr><tr><td>4</td><td>calls and maturities</td><td>-6.8 ( 6.8 )</td></tr><tr><td>5</td><td>other</td><td>-.1 ( .1 )</td></tr><tr><td>6</td><td>december 31</td><td>$ 30.9</td></tr></table> . Question: what was the value of liquid assets? Answer: 22.1 Question: what was the value of securities available for sale?

63.4

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.

notes to consolidated financial statements 2014 ( continued ) merchant acquiring business in the united kingdom to the partnership . in addition , hsbc uk entered into a ten-year marketing alliance with the partnership in which hsbc uk will refer customers to the partnership for payment processing services in the united kingdom . on june 23 , 2008 , we entered into a new five year , $ 200 million term loan to fund a portion of the acquisition . we funded the remaining purchase price with excess cash and our existing credit facilities . the term loan bears interest , at our election , at the prime rate or london interbank offered rate plus a margin based on our leverage position . as of july 1 , 2008 , the interest rate on the term loan was 3.605% ( 3.605 % ) . the term loan calls for quarterly principal payments of $ 5 million beginning with the quarter ending august 31 , 2008 and increasing to $ 10 million beginning with the quarter ending august 31 , 2010 and $ 15 million beginning with the quarter ending august 31 , 2011 . the partnership agreement includes provisions pursuant to which hsbc uk may compel us to purchase , at fair value , additional membership units from hsbc uk ( the 201cput option 201d ) . hsbc uk may exercise the put option on the fifth anniversary of the closing of the acquisition and on each anniversary thereafter . by exercising the put option , hsbc uk can require us to purchase , on an annual basis , up to 15% ( 15 % ) of the total membership units . additionally , on the tenth anniversary of closing and each tenth anniversary thereafter , hsbc uk may compel us to purchase all of their membership units at fair value . while not redeemable until june 2013 , we estimate the maximum total redemption amount of the minority interest under the put option would be $ 421.4 million , as of may 31 , 2008 . the purpose of this acquisition was to establish a presence in the united kingdom . the key factors that contributed to the decision to make this acquisition include historical and prospective financial statement analysis and hsbc uk 2019s market share and retail presence in the united kingdom . the purchase price was determined by analyzing the historical and prospective financial statements and applying relevant purchase price multiples . the purchase price totaled $ 441.1 million , consisting of $ 438.6 million cash consideration plus $ 2.5 million of direct out of pocket costs . the acquisition has been recorded using the purchase method of accounting , and , accordingly , the purchase price has been allocated to the assets acquired and liabilities assumed based on their estimated fair values at the date of acquisition . the following table summarizes the preliminary purchase price allocation: . <table class='wikitable'><tr><td>1</td><td>-</td><td>total</td></tr><tr><td>2</td><td>goodwill</td><td>$ 294741</td></tr><tr><td>3</td><td>customer-related intangible assets</td><td>116920</td></tr><tr><td>4</td><td>contract-based intangible assets</td><td>13437</td></tr><tr><td>5</td><td>trademark</td><td>2204</td></tr><tr><td>6</td><td>property and equipment</td><td>26955</td></tr><tr><td>7</td><td>other current assets</td><td>100</td></tr><tr><td>8</td><td>total assets acquired</td><td>454357</td></tr><tr><td>9</td><td>minority interest in equity of subsidiary ( at historical cost )</td><td>-13257 ( 13257 )</td></tr><tr><td>10</td><td>net assets acquired</td><td>$ 441100</td></tr></table> due to the recent timing of the transaction , the allocation of the purchase price is preliminary . all of the goodwill associated with the acquisition is expected to be deductible for tax purposes . the customer-related intangible assets have amortization periods of up to 13 years . the contract-based intangible assets have amortization periods of 7 years . the trademark has an amortization period of 5 years. . Question: on june 23, 2008, what was the amount of the five year term loan to fund a portion of the acquisition? Answer: 200.0 Question: and what was its interest rate? Answer: 0.03605 Question: what is, then, the value equivalent to this rate? Answer: 7.21 Question: considering that the rate is annual, what is the value equivalent to the first quarter? Answer: 1.8025 Question: and what was the total of amount of principle payment paid for that loan between 2008 and 2011?

30.0

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.

goodwill is assigned to one or more reporting segments on the date of acquisition . we evaluate goodwill for impairment by comparing the fair value of each of our reporting segments to its carrying value , including the associated goodwill . to determine the fair values , we use the market approach based on comparable publicly traded companies in similar lines of businesses and the income approach based on estimated discounted future cash flows . our cash flow assumptions consider historical and forecasted revenue , operating costs and other relevant factors . we amortize intangible assets with finite lives over their estimated useful lives and review them for impairment whenever an impairment indicator exists . we continually monitor events and changes in circumstances that could indicate carrying amounts of our long-lived assets , including our intangible assets may not be recoverable . when such events or changes in circumstances occur , we assess recoverability by determining whether the carrying value of such assets will be recovered through the undiscounted expected future cash flows . if the future undiscounted cash flows are less than the carrying amount of these assets , we recognize an impairment loss based on any excess of the carrying amount over the fair value of the assets . we did not recognize any intangible asset impairment charges in fiscal 2012 , 2011 or 2010 . our intangible assets are amortized over their estimated useful lives of 1 to 13 years . amortization is based on the pattern in which the economic benefits of the intangible asset will be consumed . the weighted average useful lives of our intangible assets was as follows : weighted average useful life ( years ) . <table class='wikitable'><tr><td>1</td><td>-</td><td>weighted averageuseful life ( years )</td></tr><tr><td>2</td><td>purchased technology</td><td>5</td></tr><tr><td>3</td><td>customer contracts and relationships</td><td>10</td></tr><tr><td>4</td><td>trademarks</td><td>7</td></tr><tr><td>5</td><td>acquired rights to use technology</td><td>9</td></tr><tr><td>6</td><td>localization</td><td>1</td></tr><tr><td>7</td><td>other intangibles</td><td>3</td></tr></table> software development costs capitalization of software development costs for software to be sold , leased , or otherwise marketed begins upon the establishment of technological feasibility , which is generally the completion of a working prototype that has been certified as having no critical bugs and is a release candidate . amortization begins once the software is ready for its intended use , generally based on the pattern in which the economic benefits will be consumed . to date , software development costs incurred between completion of a working prototype and general availability of the related product have not been material . internal use software we capitalize costs associated with customized internal-use software systems that have reached the application development stage . such capitalized costs include external direct costs utilized in developing or obtaining the applications and payroll and payroll-related expenses for employees , who are directly associated with the development of the applications . capitalization of such costs begins when the preliminary project stage is complete and ceases at the point in which the project is substantially complete and is ready for its intended purpose . income taxes we use the asset and liability method of accounting for income taxes . under this method , income tax expense is recognized for the amount of taxes payable or refundable for the current year . in addition , deferred tax assets and liabilities are recognized for expected future tax consequences of temporary differences between the financial reporting and tax bases of assets and liabilities , and for operating losses and tax credit carryforwards . we record a valuation allowance to reduce deferred tax assets to an amount for which realization is more likely than not . table of contents adobe systems incorporated notes to consolidated financial statements ( continued ) . Question: what is the useful life in years for purchased technology? Answer: 5.0 Question: what is the life in years for customer contracts and relationships?

10.0

Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.

as of may 26 , 2019 , we expect to pay approximately $ 2.0 million of unrecognized tax benefit liabilities and accrued interest within the next 12 months . we are not able to reasonably estimate the timing of future cash flows beyond 12 months due to uncertainties in the timing of tax audit outcomes . the remaining amount of our unrecognized tax liability was classified in other liabilities . we report accrued interest and penalties related to unrecognized tax benefit liabilities in income tax expense . for fiscal 2019 , we recognized $ 0.5 million of tax-related net interest and penalties , and had $ 26.0 million of accrued interest and penalties as of may 26 , 2019 . for fiscal 2018 , we recognized a net benefit of $ 3.1 million of tax-related net interest and penalties , and had $ 27.3 million of accrued interest and penalties as of may 27 , 2018 . note 15 . leases , other commitments , and contingencies our leases are generally for warehouse space and equipment . rent expense under all operating leases from continuing operations was $ 184.9 million in fiscal 2019 , $ 189.4 million in fiscal 2018 , and $ 188.1 million in fiscal 2017 . some operating leases require payment of property taxes , insurance , and maintenance costs in addition to the rent payments . contingent and escalation rent in excess of minimum rent payments and sublease income netted in rent expense were insignificant . noncancelable future lease commitments are : in millions operating leases capital leases . <table class='wikitable'><tr><td>1</td><td>in millions</td><td>operating leases</td><td>capital leases</td></tr><tr><td>2</td><td>fiscal 2020</td><td>$ 120.0</td><td>$ 0.2</td></tr><tr><td>3</td><td>fiscal 2021</td><td>101.7</td><td>0.1</td></tr><tr><td>4</td><td>fiscal 2022</td><td>85.0</td><td>-</td></tr><tr><td>5</td><td>fiscal 2023</td><td>63.8</td><td>-</td></tr><tr><td>6</td><td>fiscal 2024</td><td>49.1</td><td>-</td></tr><tr><td>7</td><td>after fiscal 2024</td><td>63.0</td><td>-</td></tr><tr><td>8</td><td>total noncancelable future lease commitments</td><td>$ 482.6</td><td>$ 0.3</td></tr><tr><td>9</td><td>less : interest</td><td>-</td><td>-</td></tr><tr><td>10</td><td>present value of obligations under capitalleases</td><td>-</td><td>$ 0.3</td></tr></table> depreciation on capital leases is recorded as depreciation expense in our results of operations . as of may 26 , 2019 , we have issued guarantees and comfort letters of $ 681.6 million for the debt and other obligations of consolidated subsidiaries , and guarantees and comfort letters of $ 133.9 million for the debt and other obligations of non-consolidated affiliates , mainly cpw . in addition , off-balance sheet arrangements are generally limited to the future payments under non-cancelable operating leases , which totaled $ 482.6 million as of may 26 , 2019 . note 16 . business segment and geographic information we operate in the packaged foods industry . our operating segments are as follows : north america retail ; convenience stores & foodservice ; europe & australia ; asia & latin america ; and pet . our north america retail operating segment reflects business with a wide variety of grocery stores , mass merchandisers , membership stores , natural food chains , drug , dollar and discount chains , and e-commerce grocery providers . our product categories in this business segment are ready-to-eat cereals , refrigerated yogurt , soup , meal kits , refrigerated and frozen dough products , dessert and baking mixes , frozen pizza and pizza snacks , grain , fruit and savory snacks , and a wide variety of organic products including refrigerated yogurt , nutrition bars , meal kits , salty snacks , ready-to-eat cereal , and grain snacks. . Question: in 2019, what was the rent expense for all operating leases from continuing operations? Answer: 188.1 Question: and what was it for 2018? Answer: 189.4 Question: what was, then, the total rent expense in both years, combined?

377.5

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.

part ii item 5 . market for registrant 2019s common equity , related stockholder matters and issuer purchases of equity securities the following table presents reported quarterly high and low per share sale prices of our class a common stock on the new york stock exchange ( nyse ) for the years 2005 and 2004. . <table class='wikitable'><tr><td>1</td><td>2005</td><td>high</td><td>low</td></tr><tr><td>2</td><td>quarter ended march 31</td><td>$ 19.28</td><td>$ 17.30</td></tr><tr><td>3</td><td>quarter ended june 30</td><td>21.16</td><td>16.28</td></tr><tr><td>4</td><td>quarter ended september 30</td><td>25.20</td><td>20.70</td></tr><tr><td>5</td><td>quarter ended december 31</td><td>28.33</td><td>22.73</td></tr><tr><td>6</td><td>2004</td><td>high</td><td>low</td></tr><tr><td>7</td><td>quarter ended march 31</td><td>$ 13.12</td><td>$ 9.89</td></tr><tr><td>8</td><td>quarter ended june 30</td><td>16.00</td><td>11.13</td></tr><tr><td>9</td><td>quarter ended september 30</td><td>15.85</td><td>13.10</td></tr><tr><td>10</td><td>quarter ended december 31</td><td>18.75</td><td>15.19</td></tr></table> on march 9 , 2006 , the closing price of our class a common stock was $ 29.83 per share as reported on the nyse . as of march 9 , 2006 , we had 419677495 outstanding shares of class a common stock and 687 registered holders . in february 2004 , all outstanding shares of our class b common stock were converted into shares of our class a common stock on a one-for-one basis pursuant to the occurrence of the 201cdodge conversion event 201d as defined in our charter . also in february 2004 , all outstanding shares of class c common stock were converted into shares of class a common stock on a one-for-one basis . in august 2005 , we amended and restated our charter to , among other things , eliminate our class b common stock and class c common stock . the information under 201csecurities authorized for issuance under equity compensation plans 201d from the definitive proxy statement is hereby incorporated by reference into item 12 of this annual report . dividends we have never paid a dividend on any class of our common stock . we anticipate that we may retain future earnings , if any , to fund the development and growth of our business . the indentures governing our 7.50% ( 7.50 % ) senior notes due 2012 ( 7.50% ( 7.50 % ) notes ) and our 7.125% ( 7.125 % ) senior notes due 2012 ( 7.125% ( 7.125 % ) notes ) may prohibit us from paying dividends to our stockholders unless we satisfy certain financial covenants . our credit facilities and the indentures governing the terms of our debt securities contain covenants that may restrict the ability of our subsidiaries from making to us any direct or indirect distribution , dividend or other payment on account of their limited liability company interests , partnership interests , capital stock or other equity interests . under our credit facilities , the borrower subsidiaries may pay cash dividends or make other distributions to us in accordance with the applicable credit facility only if no default exists or would be created thereby . the indenture governing the terms of the ati 7.25% ( 7.25 % ) senior subordinated notes due 2011 ( ati 7.25% ( 7.25 % ) notes ) prohibit ati and certain of our other subsidiaries that have guaranteed those notes ( sister guarantors ) from paying dividends and making other payments or distributions to us unless certain financial covenants are satisfied . the indentures governing the terms of our 7.50% ( 7.50 % ) notes and 7.125% ( 7.125 % ) notes also contain certain restrictive covenants , which prohibit the restricted subsidiaries under these indentures from paying dividends and making other payments or distributions to us unless certain financial covenants are satisfied . for more information about the restrictions under our credit facilities and our notes indentures , see note 7 to our consolidated financial statements included in this annual report and the section entitled 201cmanagement 2019s . Question: what was the common stock price from the highest price for the quarter ended december 31 of 2006? Answer: 28.33 Question: and what was it for the quarter ended december 31 of 2005? Answer: 18.75 Question: what was, then, the change over the year? Answer: 9.58 Question: and how much does that change represent in relation to the common stock price from the highest price for the quarter ended december 31 of 2005?

0.51093

Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.

lkq corporation and subsidiaries notes to consolidated financial statements ( continued ) note 5 . long-term obligations ( continued ) as part of the consideration for business acquisitions completed during 2007 , 2006 and 2005 , we issued promissory notes totaling approximately $ 1.7 million , $ 7.2 million and $ 6.4 million , respectively . the notes bear interest at annual rates of 3.0% ( 3.0 % ) to 6.0% ( 6.0 % ) , and interest is payable at maturity or in monthly installments . we also assumed certain liabilities in connection with a business acquisition during the second quarter of 2005 , including a promissory note with a remaining principle balance of approximately $ 0.2 million . the annual interest rate on the note , which was retired during 2006 , was note 6 . commitments and contingencies operating leases we are obligated under noncancelable operating leases for corporate office space , warehouse and distribution facilities , trucks and certain equipment . the future minimum lease commitments under these leases at december 31 , 2007 are as follows ( in thousands ) : years ending december 31: . <table class='wikitable'><tr><td>1</td><td>2008</td><td>$ 42335</td></tr><tr><td>2</td><td>2009</td><td>33249</td></tr><tr><td>3</td><td>2010</td><td>25149</td></tr><tr><td>4</td><td>2011</td><td>17425</td></tr><tr><td>5</td><td>2012</td><td>11750</td></tr><tr><td>6</td><td>thereafter</td><td>28581</td></tr><tr><td>7</td><td>future minimum lease payments</td><td>$ 158489</td></tr></table> rental expense for operating leases was approximately $ 27.4 million , $ 18.6 million and $ 12.2 million during the years ended december 31 , 2007 , 2006 and 2005 , respectively . we guaranty the residual values of the majority of our truck and equipment operating leases . the residual values decline over the lease terms to a defined percentage of original cost . in the event the lessor does not realize the residual value when a piece of equipment is sold , we would be responsible for a portion of the shortfall . similarly , if the lessor realizes more than the residual value when a piece of equipment is sold , we would be paid the amount realized over the residual value . had we terminated all of our operating leases subject to these guaranties at december 31 , 2007 , the guarantied residual value would have totaled approximately $ 24.0 million . litigation and related contingencies on december 2 , 2005 , ford global technologies , llc ( 2018 2018ford 2019 2019 ) filed a complaint with the united states international trade commission ( 2018 2018usitc 2019 2019 ) against keystone and five other named respondents , including four taiwan-based manufacturers . on december 12 , 2005 , ford filed an amended complaint . both the complaint and the amended complaint contended that keystone and the other respondents infringed 14 design patents that ford alleges cover eight parts on the 2004-2005 . Question: what was the change in the rental expense from 2005 to 2006? Answer: 6.4 Question: and what is this change as a percentage of that expense in 2005?

0.52459

Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.

15 . leases in january 1996 , the company entered into a lease agreement with an unrelated third party for a new corporate office facility , which the company occupied in february 1997 . in may 2004 , the company entered into the first amendment to this lease agreement , effective january 1 , 2004 . the lease was extended from an original period of 10 years , with an option for five additional years , to a period of 18 years from the inception date , with an option for five additional years . the company incurred lease rental expense related to this facility of $ 1.3 million in 2008 , 2007 and 2006 . the future minimum lease payments are $ 1.4 million per annum from january 1 , 2009 to december 31 , 2014 . the future minimum lease payments from january 1 , 2015 through december 31 , 2019 will be determined based on prevailing market rental rates at the time of the extension , if elected . the amended lease also provided for the lessor to reimburse the company for up to $ 550000 in building refurbishments completed through march 31 , 2006 . these amounts have been recorded as a reduction of lease expense over the remaining term of the lease . the company has also entered into various noncancellable operating leases for equipment and office space . office space lease expense totaled $ 9.3 million , $ 6.3 million and $ 4.7 million for the years ended december 31 , 2008 , 2007 and 2006 , respectively . future minimum lease payments under noncancellable operating leases for office space in effect at december 31 , 2008 are $ 8.8 million in 2009 , $ 6.6 million in 2010 , $ 3.0 million in 2011 , $ 1.8 million in 2012 and $ 1.1 million in 2013 . 16 . royalty agreements the company has entered into various renewable , nonexclusive license agreements under which the company has been granted access to the licensor 2019s technology and the right to sell the technology in the company 2019s product line . royalties are payable to developers of the software at various rates and amounts , which generally are based upon unit sales or revenue . royalty fees are reported in cost of goods sold and were $ 6.3 million , $ 5.2 million and $ 3.9 million for the years ended december 31 , 2008 , 2007 and 2006 , respectively . 17 . geographic information revenue to external customers is attributed to individual countries based upon the location of the customer . revenue by geographic area is as follows: . <table class='wikitable'><tr><td>1</td><td>( in thousands )</td><td>year ended december 31 , 2008</td><td>year ended december 31 , 2007</td><td>year ended december 31 , 2006</td></tr><tr><td>2</td><td>united states</td><td>$ 151688</td><td>$ 131777</td><td>$ 94282</td></tr><tr><td>3</td><td>germany</td><td>68390</td><td>50973</td><td>34567</td></tr><tr><td>4</td><td>japan</td><td>66960</td><td>50896</td><td>35391</td></tr><tr><td>5</td><td>canada</td><td>8033</td><td>4809</td><td>4255</td></tr><tr><td>6</td><td>other european</td><td>127246</td><td>108971</td><td>70184</td></tr><tr><td>7</td><td>other international</td><td>56022</td><td>37914</td><td>24961</td></tr><tr><td>8</td><td>total revenue</td><td>$ 478339</td><td>$ 385340</td><td>$ 263640</td></tr></table> . Question: what is the total future minimum lease payments under noncancellable operating leases for office space for 2009 and 2010? Answer: 15.4 Question: what about if 2011 is added?

18.4

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.

put options we currently have outstanding put option agreements with other shareholders of our air products san fu company , ltd . and indura s.a . subsidiaries . the put options give the shareholders the right to sell stock in the subsidiaries based on pricing terms in the agreements . refer to note 17 , commitments and contingencies , to the consolidated financial statements for additional information . due to the uncertainty of whether these options would be exercised and the related timing , we excluded the potential payments from the contractual obligations table . pension benefits we sponsor defined benefit pension plans that cover a substantial portion of our worldwide employees . the principal defined benefit pension plans 2014the u.s . salaried pension plan and the u.k . pension plan 2014were closed to new participants in 2005 and were replaced with defined contribution plans . over the long run , the shift to defined contribution plans is expected to reduce volatility of both plan expense and contributions . for 2013 , the fair market value of pension plan assets for our defined benefit plans as of the measurement date increased to $ 3800.8 from $ 3239.1 in 2012 . the projected benefit obligation for these plans as of the measurement date was $ 4394.0 and $ 4486.5 in 2013 and 2012 , respectively . refer to note 16 , retirement benefits , to the consolidated financial statements for comprehensive and detailed disclosures on our postretirement benefits . pension expense . <table class='wikitable'><tr><td>1</td><td>-</td><td>2013</td><td>2012</td><td>2011</td></tr><tr><td>2</td><td>pension expense</td><td>$ 169.7</td><td>$ 120.4</td><td>$ 114.1</td></tr><tr><td>3</td><td>special terminations settlements and curtailments ( included above )</td><td>19.8</td><td>8.2</td><td>1.3</td></tr><tr><td>4</td><td>weighted average discount rate</td><td>4.0% ( 4.0 % )</td><td>5.0% ( 5.0 % )</td><td>5.0% ( 5.0 % )</td></tr><tr><td>5</td><td>weighted average expected rate of return on plan assets</td><td>7.7% ( 7.7 % )</td><td>8.0% ( 8.0 % )</td><td>8.0% ( 8.0 % )</td></tr><tr><td>6</td><td>weighted average expected rate of compensation increase</td><td>3.8% ( 3.8 % )</td><td>3.9% ( 3.9 % )</td><td>4.0% ( 4.0 % )</td></tr></table> 2013 vs . 2012 the increase in pension expense , excluding special items , was primarily attributable to the 100 bp decrease in weighted average discount rate , resulting in higher amortization of actuarial losses . the increase was partially offset by a higher expected return on plan assets and contributions in 2013 . special items of $ 19.8 primarily included $ 12.4 for pension settlement losses and $ 6.9 for special termination benefits relating to the 2013 business restructuring and cost reduction plan . 2012 vs . 2011 pension expense in 2012 , excluding special items , was comparable to 2011 expense as a result of no change in the weighted average discount rate from year to year . 2014 outlook pension expense is estimated to be approximately $ 140 to $ 145 , excluding special items , in 2014 , a decrease of $ 5 to $ 10 from 2013 , resulting primarily from an increase in discount rates , partially offset by unfavorable impacts associated with changes in mortality and inflation assumptions . pension settlement losses of $ 10 to $ 25 are expected , dependent on the timing of retirements . in 2014 , pension expense will include approximately $ 118 for amortization of actuarial losses compared to $ 143 in 2013 . net actuarial gains of $ 370.4 were recognized in 2013 , resulting primarily from an approximately 65 bp increase in the weighted average discount rate as well as actual asset returns above expected returns . actuarial gains/losses are amortized into pension expense over prospective periods to the extent they are not offset by future gains or losses . future changes in the discount rate and actual returns on plan assets , different from expected returns , would impact the actuarial gains/losses and resulting amortization in years beyond 2014 . pension funding pension funding includes both contributions to funded plans and benefit payments for unfunded plans , which are primarily non-qualified plans . with respect to funded plans , our funding policy is that contributions , combined with appreciation and earnings , will be sufficient to pay benefits without creating unnecessary surpluses . in addition , we make contributions to satisfy all legal funding requirements while managing our capacity to benefit from tax deductions attributable to plan contributions . with the assistance of third party actuaries , we analyze the liabilities and demographics of each plan , which help guide the level of contributions . during 2013 and 2012 , our cash contributions to funded plans and benefit payments for unfunded plans were $ 300.8 and $ 76.4 , respectively . contributions for 2013 include voluntary contributions for u.s . plans of $ 220.0. . Question: what is the balance of special terminations settlements and curtailments in 2013? Answer: 19.8 Question: what about in 2012? Answer: 8.2 Question: what fraction does this represent? Answer: 2.41463 Question: what about in percentage terms? Answer: 241.46341 Question: what is the percentage change?

141.46341

Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.

apple inc . | 2016 form 10-k | 20 company stock performance the following graph shows a comparison of cumulative total shareholder return , calculated on a dividend reinvested basis , for the company , the s&p 500 index , the s&p information technology index and the dow jones u.s . technology supersector index for the five years ended september 24 , 2016 . the graph assumes $ 100 was invested in each of the company 2019s common stock , the s&p 500 index , the s&p information technology index and the dow jones u.s . technology supersector index as of the market close on september 23 , 2011 . note that historic stock price performance is not necessarily indicative of future stock price performance . * $ 100 invested on 9/23/11 in stock or index , including reinvestment of dividends . data points are the last day of each fiscal year for the company 2019s common stock and september 30th for indexes . copyright a9 2016 s&p , a division of mcgraw hill financial . all rights reserved . copyright a9 2016 dow jones & co . all rights reserved . september september september september september september . <table class='wikitable'><tr><td>1</td><td>-</td><td>september2011</td><td>september2012</td><td>september2013</td><td>september2014</td><td>september2015</td><td>september2016</td></tr><tr><td>2</td><td>apple inc .</td><td>$ 100</td><td>$ 166</td><td>$ 123</td><td>$ 183</td><td>$ 212</td><td>$ 213</td></tr><tr><td>3</td><td>s&p 500 index</td><td>$ 100</td><td>$ 130</td><td>$ 155</td><td>$ 186</td><td>$ 185</td><td>$ 213</td></tr><tr><td>4</td><td>s&p information technology index</td><td>$ 100</td><td>$ 132</td><td>$ 142</td><td>$ 183</td><td>$ 187</td><td>$ 230</td></tr><tr><td>5</td><td>dow jones u.s . technology supersector index</td><td>$ 100</td><td>$ 130</td><td>$ 137</td><td>$ 178</td><td>$ 177</td><td>$ 217</td></tr></table> . Question: what was the value of the dow jones u.s. technology supersector index in 2016? Answer: 217.0 Question: what was the value of the dow jones u.s. technology supersector index in 2011? Answer: 100.0 Question: what is the difference between those two value?

117.0

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.

echostar communications corporation notes to consolidated financial statements - continued closing price of the class a common stock on the last business day of each calendar quarter in which such shares of class a common stock are deemed sold to an employee under the espp . the espp shall terminate upon the first to occur of ( i ) october 1 , 2007 or ( ii ) the date on which the espp is terminated by the board of directors . during 2000 , 2001 and 2002 employees purchased approximately 58000 ; 80000 and 108000 shares of class a common stock through the espp , respectively . 401 ( k ) employee savings plan echostar sponsors a 401 ( k ) employee savings plan ( the 201c401 ( k ) plan 201d ) for eligible employees . voluntary employee contributions to the 401 ( k ) plan may be matched 50% ( 50 % ) by echostar , subject to a maximum annual contribution by echostar of $ 1000 per employee . matching 401 ( k ) contributions totaled approximately $ 1.6 million , $ 2.1 million and $ 2.4 million during the years ended december 31 , 2000 , 2001 and 2002 , respectively . echostar also may make an annual discretionary contribution to the plan with approval by echostar 2019s board of directors , subject to the maximum deductible limit provided by the internal revenue code of 1986 , as amended . these contributions may be made in cash or in echostar stock . forfeitures of unvested participant balances which are retained by the 401 ( k ) plan may be used to fund matching and discretionary contributions . expense recognized relating to discretionary contributions was approximately $ 7 million , $ 225 thousand and $ 17 million during the years ended december 31 , 2000 , 2001 and 2002 , respectively . 9 . commitments and contingencies leases future minimum lease payments under noncancelable operating leases as of december 31 , 2002 , are as follows ( in thousands ) : year ending december 31 . <table class='wikitable'><tr><td>1</td><td>2003</td><td>$ 17274</td></tr><tr><td>2</td><td>2004</td><td>14424</td></tr><tr><td>3</td><td>2005</td><td>11285</td></tr><tr><td>4</td><td>2006</td><td>7698</td></tr><tr><td>5</td><td>2007</td><td>3668</td></tr><tr><td>6</td><td>thereafter</td><td>1650</td></tr><tr><td>7</td><td>total minimum lease payments</td><td>55999</td></tr></table> total rent expense for operating leases approximated $ 9 million , $ 14 million and $ 16 million in 2000 , 2001 and 2002 , respectively . purchase commitments as of december 31 , 2002 , echostar 2019s purchase commitments totaled approximately $ 359 million . the majority of these commitments relate to echostar receiver systems and related components . all of the purchases related to these commitments are expected to be made during 2003 . echostar expects to finance these purchases from existing unrestricted cash balances and future cash flows generated from operations . patents and intellectual property many entities , including some of echostar 2019s competitors , now have and may in the future obtain patents and other intellectual property rights that cover or affect products or services directly or indirectly related to those that echostar offers . echostar may not be aware of all patents and other intellectual property rights that its products may potentially infringe . damages in patent infringement cases can include a tripling of actual damages in certain cases . further , echostar cannot estimate the extent to which it may be required in the future to obtain licenses with respect to . Question: what was the rent expense in 2002? Answer: 16.0 Question: what was is in 2001?

14.0

Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.

the company recognizes the effect of income tax positions only if sustaining those positions is more likely than not . changes in recognition or measurement are reflected in the period in which a change in judgment occurs . the company records penalties and interest related to unrecognized tax benefits in income taxes in the company 2019s consolidated statements of income . changes in accounting principles business combinations and noncontrolling interests on january 1 , 2009 , the company adopted revised principles related to business combinations and noncontrolling interests . the revised principle on business combinations applies to all transactions or other events in which an entity obtains control over one or more businesses . it requires an acquirer to recognize the assets acquired , the liabilities assumed , and any noncontrolling interest in the acquiree at the acquisition date , measured at their fair values as of that date . business combinations achieved in stages require recognition of the identifiable assets and liabilities , as well as the noncontrolling interest in the acquiree , at the full amounts of their fair values when control is obtained . this revision also changes the requirements for recognizing assets acquired and liabilities assumed arising from contingencies , and requires direct acquisition costs to be expensed . in addition , it provides certain changes to income tax accounting for business combinations which apply to both new and previously existing business combinations . in april 2009 , additional guidance was issued which revised certain business combination guidance related to accounting for contingent liabilities assumed in a business combination . the company has adopted this guidance in conjunction with the adoption of the revised principles related to business combinations . the adoption of the revised principles related to business combinations has not had a material impact on the consolidated financial statements . the revised principle related to noncontrolling interests establishes accounting and reporting standards for the noncontrolling interests in a subsidiary and for the deconsolidation of a subsidiary . the revised principle clarifies that a noncontrolling interest in a subsidiary is an ownership interest in the consolidated entity that should be reported as a separate component of equity in the consolidated statements of financial position . the revised principle requires retrospective adjustments , for all periods presented , of stockholders 2019 equity and net income for noncontrolling interests . in addition to these financial reporting changes , the revised principle provides for significant changes in accounting related to changes in ownership of noncontrolling interests . changes in aon 2019s controlling financial interests in consolidated subsidiaries that do not result in a loss of control are accounted for as equity transactions similar to treasury stock transactions . if a change in ownership of a consolidated subsidiary results in a loss of control and deconsolidation , any retained ownership interests are remeasured at fair value with the gain or loss reported in net income . in previous periods , noncontrolling interests for operating subsidiaries were reported in other general expenses in the consolidated statements of income . prior period amounts have been restated to conform to the current year 2019s presentation . the principal effect on the prior years 2019 balance sheets related to the adoption of the new guidance related to noncontrolling interests is summarized as follows ( in millions ) : . <table class='wikitable'><tr><td>1</td><td>as of december 31</td><td>2008</td><td>2007</td></tr><tr><td>2</td><td>equity as previously reported</td><td>$ 5310</td><td>$ 6221</td></tr><tr><td>3</td><td>increase for reclassification of non-controlling interests</td><td>105</td><td>40</td></tr><tr><td>4</td><td>equity as adjusted</td><td>$ 5415</td><td>$ 6261</td></tr></table> the revised principle also requires that net income be adjusted to include the net income attributable to the noncontrolling interests and a new separate caption for net income attributable to aon stockholders be presented in the consolidated statements of income . the adoption of this new guidance increased net income by $ 16 million and $ 13 million for 2008 and 2007 , respectively . net . Question: what is the net change he reclassification of non-controlling interests from 2007 to 2008?

65.0

Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.

notes to consolidated financial statements the table below presents information regarding group inc . 2019s regulatory capital ratios and tier 1 leverage ratio under basel i , as implemented by the federal reserve board . the information as of december 2013 reflects the revised market risk regulatory capital requirements . these changes resulted in increased regulatory capital requirements for market risk . the information as of december 2012 is prior to the implementation of these revised market risk regulatory capital requirements. . <table class='wikitable'><tr><td>1</td><td>$ in millions</td><td>as of december 2013</td><td>as of december 2012</td></tr><tr><td>2</td><td>tier 1 capital</td><td>$ 72471</td><td>$ 66977</td></tr><tr><td>3</td><td>tier 2 capital</td><td>$ 13632</td><td>$ 13429</td></tr><tr><td>4</td><td>total capital</td><td>$ 86103</td><td>$ 80406</td></tr><tr><td>5</td><td>risk-weighted assets</td><td>$ 433226</td><td>$ 399928</td></tr><tr><td>6</td><td>tier 1 capital ratio</td><td>16.7% ( 16.7 % )</td><td>16.7% ( 16.7 % )</td></tr><tr><td>7</td><td>total capital ratio</td><td>19.9% ( 19.9 % )</td><td>20.1% ( 20.1 % )</td></tr><tr><td>8</td><td>tier 1 leverage ratio</td><td>8.1% ( 8.1 % )</td><td>7.3% ( 7.3 % )</td></tr></table> revised capital framework the u.s . federal bank regulatory agencies ( agencies ) have approved revised risk-based capital and leverage ratio regulations establishing a new comprehensive capital framework for u.s . banking organizations ( revised capital framework ) . these regulations are largely based on the basel committee 2019s december 2010 final capital framework for strengthening international capital standards ( basel iii ) and also implement certain provisions of the dodd-frank act . under the revised capital framework , group inc . is an 201cadvanced approach 201d banking organization . below are the aspects of the rules that are most relevant to the firm , as an advanced approach banking organization . definition of capital and capital ratios . the revised capital framework introduced changes to the definition of regulatory capital , which , subject to transitional provisions , became effective across the firm 2019s regulatory capital and leverage ratios on january 1 , 2014 . these changes include the introduction of a new capital measure called common equity tier 1 ( cet1 ) , and the related regulatory capital ratio of cet1 to rwas ( cet1 ratio ) . in addition , the definition of tier 1 capital has been narrowed to include only cet1 and instruments such as perpetual non- cumulative preferred stock , which meet certain criteria . certain aspects of the revised requirements phase in over time . these include increases in the minimum capital ratio requirements and the introduction of new capital buffers and certain deductions from regulatory capital ( such as investments in nonconsolidated financial institutions ) . in addition , junior subordinated debt issued to trusts is being phased out of regulatory capital . the minimum cet1 ratio is 4.0% ( 4.0 % ) as of january 1 , 2014 and will increase to 4.5% ( 4.5 % ) on january 1 , 2015 . the minimum tier 1 capital ratio increased from 4.0% ( 4.0 % ) to 5.5% ( 5.5 % ) on january 1 , 2014 and will increase to 6.0% ( 6.0 % ) beginning january 1 , 2015 . the minimum total capital ratio remains unchanged at 8.0% ( 8.0 % ) . these minimum ratios will be supplemented by a new capital conservation buffer that phases in , beginning january 1 , 2016 , in increments of 0.625% ( 0.625 % ) per year until it reaches 2.5% ( 2.5 % ) on january 1 , 2019 . the revised capital framework also introduces a new counter-cyclical capital buffer , to be imposed in the event that national supervisors deem it necessary in order to counteract excessive credit growth . risk-weighted assets . in february 2014 , the federal reserve board informed us that we have completed a satisfactory 201cparallel run , 201d as required of advanced approach banking organizations under the revised capital framework , and therefore changes to rwas will take effect beginning with the second quarter of 2014 . accordingly , the calculation of rwas in future quarters will be based on the following methodologies : 2030 during the first quarter of 2014 2014 the basel i risk-based capital framework adjusted for certain items related to existing capital deductions and the phase-in of new capital deductions ( basel i adjusted ) ; 2030 during the remaining quarters of 2014 2014 the higher of rwas computed under the basel iii advanced approach or the basel i adjusted calculation ; and 2030 beginning in the first quarter of 2015 2014 the higher of rwas computed under the basel iii advanced or standardized approach . goldman sachs 2013 annual report 191 . Question: what was the amount of tier 1 capital as of december 2013? Answer: 72471.0 Question: and as of december 2012? Answer: 66977.0 Question: what was the difference between these two values? Answer: 5494.0 Question: and as a percentage of the original value?

0.08203

Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.

at december 31 , 2014 , total future minimum commitments under existing non-cancelable operating leases and purchase obligations were as follows: . <table class='wikitable'><tr><td>1</td><td>in millions</td><td>2015</td><td>2016</td><td>2017</td><td>2018</td><td>2019</td><td>thereafter</td></tr><tr><td>2</td><td>lease obligations</td><td>$ 142</td><td>$ 106</td><td>$ 84</td><td>$ 63</td><td>$ 45</td><td>$ 91</td></tr><tr><td>3</td><td>purchase obligations ( a )</td><td>3266</td><td>761</td><td>583</td><td>463</td><td>422</td><td>1690</td></tr><tr><td>4</td><td>total</td><td>$ 3408</td><td>$ 867</td><td>$ 667</td><td>$ 526</td><td>$ 467</td><td>$ 1781</td></tr></table> ( a ) includes $ 2.3 billion relating to fiber supply agreements entered into at the time of the company 2019s 2006 transformation plan forestland sales and in conjunction with the 2008 acquisition of weyerhaeuser company 2019s containerboard , packaging and recycling business . rent expense was $ 154 million , $ 168 million and $ 185 million for 2014 , 2013 and 2012 , respectively . guarantees in connection with sales of businesses , property , equipment , forestlands and other assets , international paper commonly makes representations and warranties relating to such businesses or assets , and may agree to indemnify buyers with respect to tax and environmental liabilities , breaches of representations and warranties , and other matters . where liabilities for such matters are determined to be probable and subject to reasonable estimation , accrued liabilities are recorded at the time of sale as a cost of the transaction . environmental proceedings cercla and state actions international paper has been named as a potentially responsible party in environmental remediation actions under various federal and state laws , including the comprehensive environmental response , compensation and liability act ( cercla ) . many of these proceedings involve the cleanup of hazardous substances at large commercial landfills that received waste from many different sources . while joint and several liability is authorized under cercla and equivalent state laws , as a practical matter , liability for cercla cleanups is typically allocated among the many potential responsible parties . remedial costs are recorded in the consolidated financial statements when they become probable and reasonably estimable . international paper has estimated the probable liability associated with these matters to be approximately $ 95 million in the aggregate as of december 31 , 2014 . cass lake : one of the matters referenced above is a closed wood treating facility located in cass lake , minnesota . during 2009 , in connection with an environmental site remediation action under cercla , international paper submitted to the epa a remediation feasibility study . in june 2011 , the epa selected and published a proposed soil remedy at the site with an estimated cost of $ 46 million . the overall remediation reserve for the site is currently $ 50 million to address the selection of an alternative for the soil remediation component of the overall site remedy . in october 2011 , the epa released a public statement indicating that the final soil remedy decision would be delayed . in the unlikely event that the epa changes its proposed soil remedy and approves instead a more expensive clean- up alternative , the remediation costs could be material , and significantly higher than amounts currently recorded . in october 2012 , the natural resource trustees for this site provided notice to international paper and other potentially responsible parties of their intent to perform a natural resource damage assessment . it is premature to predict the outcome of the assessment or to estimate a loss or range of loss , if any , which may be incurred . other remediation costs in addition to the above matters , other remediation costs typically associated with the cleanup of hazardous substances at the company 2019s current , closed or formerly-owned facilities , and recorded as liabilities in the balance sheet , totaled approximately $ 41 million as of december 31 , 2014 . other than as described above , completion of required remedial actions is not expected to have a material effect on our consolidated financial statements . legal proceedings environmental kalamazoo river : the company is a potentially responsible party with respect to the allied paper , inc./ portage creek/kalamazoo river superfund site ( kalamazoo river superfund site ) in michigan . the epa asserts that the site is contaminated primarily by pcbs as a result of discharges from various paper mills located along the kalamazoo river , including a paper mill formerly owned by st . regis paper company ( st . regis ) . the company is a successor in interest to st . regis . although the company has not received any orders from the epa , in december 2014 , the epa sent the company a letter demanding payment of $ 19 million to reimburse the epa for costs associated with a time critical removal action of pcb contaminated sediments from a portion of the site . the company 2019s cercla liability has not been finally determined with respect to this or any other portion of the site and we have declined to reimburse the epa at this time . as noted below , the company is involved in allocation/ apportionment litigation with regard to the site . accordingly , it is premature to estimate a loss or range of loss with respect to this site . the company was named as a defendant by georgia- pacific consumer products lp , fort james corporation and georgia pacific llc in a contribution and cost recovery action for alleged pollution at the site . the suit . Question: what was the total amount of lease obligations in 2015? Answer: 142.0 Question: and what were the total future minimum commitments under existing non-cancelable operating leases and purchase obligations in that year? Answer: 3408.0 Question: what percentage, then, of these total future minimum commitments does that total amount represent? Answer: 0.04167 Question: and what is this same percentage representation of the lease obligations for the year of 2016?

0.12226

Read the following texts and table with financial data from an S&P 500 earnings report 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 pnc financial services group , inc . 2013 form 10-k 65 liquidity and capital management liquidity risk has two fundamental components . the first is potential loss assuming we were unable to meet our funding requirements at a reasonable cost . the second is the potential inability to operate our businesses because adequate contingent liquidity is not available . we manage liquidity risk at the consolidated company level ( bank , parent company and nonbank subsidiaries combined ) to help ensure that we can obtain cost-effective funding to meet current and future obligations under both normal 201cbusiness as usual 201d and stressful circumstances , and to help ensure that we maintain an appropriate level of contingent liquidity . management monitors liquidity through a series of early warning indicators that may indicate a potential market , or pnc-specific , liquidity stress event . in addition , management performs a set of liquidity stress tests over multiple time horizons with varying levels of severity and maintains a contingency funding plan to address a potential liquidity stress event . in the most severe liquidity stress simulation , we assume that our liquidity position is under pressure , while the market in general is under systemic pressure . the simulation considers , among other things , the impact of restricted access to both secured and unsecured external sources of funding , accelerated run-off of customer deposits , valuation pressure on assets and heavy demand to fund committed obligations . parent company liquidity guidelines are designed to help ensure that sufficient liquidity is available to meet our parent company obligations over the succeeding 24-month period . liquidity-related risk limits are established within our enterprise liquidity management policy and supporting policies . management committees , including the asset and liability committee , and the board of directors and its risk committee regularly review compliance with key established limits . in addition to these liquidity monitoring measures and tools described above , we also monitor our liquidity by reference to the liquidity coverage ratio ( lcr ) which is further described in the supervision and regulation section in item 1 of this report . pnc and pnc bank calculate the lcr on a daily basis and as of december 31 , 2018 , the lcr for pnc and pnc bank exceeded the fully phased-in requirement of 100% ( 100 % ) . we provide additional information regarding regulatory liquidity requirements and their potential impact on us in the supervision and regulation section of item 1 business and item 1a risk factors of this report . sources of liquidity our largest source of liquidity on a consolidated basis is the customer deposit base generated by our banking businesses . these deposits provide relatively stable and low-cost funding . total deposits increased to $ 267.8 billion at december 31 , 2018 from $ 265.1 billion at december 31 , 2017 driven by growth in interest-bearing deposits partially offset by a decrease in noninterest-bearing deposits . see the funding sources section of the consolidated balance sheet review in this report for additional information related to our deposits . additionally , certain assets determined by us to be liquid as well as unused borrowing capacity from a number of sources are also available to manage our liquidity position . at december 31 , 2018 , our liquid assets consisted of short-term investments ( federal funds sold , resale agreements , trading securities and interest-earning deposits with banks ) totaling $ 22.1 billion and securities available for sale totaling $ 63.4 billion . the level of liquid assets fluctuates over time based on many factors , including market conditions , loan and deposit growth and balance sheet management activities . our liquid assets included $ 2.7 billion of securities available for sale and trading securities pledged as collateral to secure public and trust deposits , repurchase agreements and for other purposes . in addition , $ 4.9 billion of securities held to maturity were also pledged as collateral for these purposes . we also obtain liquidity through various forms of funding , including long-term debt ( senior notes , subordinated debt and fhlb borrowings ) and short-term borrowings ( securities sold under repurchase agreements , commercial paper and other short-term borrowings ) . see note 10 borrowed funds and the funding sources section of the consolidated balance sheet review in this report for additional information related to our borrowings . total senior and subordinated debt , on a consolidated basis , decreased due to the following activity : table 24 : senior and subordinated debt . <table class='wikitable'><tr><td>1</td><td>in billions</td><td>2018</td></tr><tr><td>2</td><td>january 1</td><td>$ 33.3</td></tr><tr><td>3</td><td>issuances</td><td>4.5</td></tr><tr><td>4</td><td>calls and maturities</td><td>-6.8 ( 6.8 )</td></tr><tr><td>5</td><td>other</td><td>-.1 ( .1 )</td></tr><tr><td>6</td><td>december 31</td><td>$ 30.9</td></tr></table> . Question: what was the value of liquid assets? Answer: 22.1 Question: what was the value of securities available for sale? Answer: 63.4 Question: what is the sum? Answer: 85.5 Question: what is the liquid asset value? Answer: 22.1 Question: what is that divided by the prior sum of values?

0.25848

Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.

is expected to begin by late-2018 , after the necessary information technology infrastructure is in place . entergy louisiana proposed to recover the cost of ami through the implementation of a customer charge , net of certain benefits , phased in over the period 2019 through 2022 . the parties reached an uncontested stipulation permitting implementation of entergy louisiana 2019s proposed ami system , with modifications to the proposed customer charge . in july 2017 the lpsc approved the stipulation . entergy louisiana expects to recover the undepreciated balance of its existing meters through a regulatory asset at current depreciation rates . sources of capital entergy louisiana 2019s sources to meet its capital requirements include : 2022 internally generated funds ; 2022 cash on hand ; 2022 debt or preferred membership interest issuances ; and 2022 bank financing under new or existing facilities . entergy louisiana may refinance , redeem , or otherwise retire debt prior to maturity , to the extent market conditions and interest rates are favorable . all debt and common and preferred membership interest issuances by entergy louisiana require prior regulatory approval . preferred membership interest and debt issuances are also subject to issuance tests set forth in its bond indentures and other agreements . entergy louisiana has sufficient capacity under these tests to meet its foreseeable capital needs . entergy louisiana 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>$ 11173</td><td>$ 22503</td><td>$ 6154</td><td>$ 2815</td></tr></table> see note 4 to the financial statements for a description of the money pool . entergy louisiana has a credit facility in the amount of $ 350 million scheduled to expire in august 2022 . the credit facility allows entergy louisiana to issue letters of credit against $ 15 million of the borrowing capacity of the facility . as of december 31 , 2017 , there were no cash borrowings and a $ 9.1 million letter of credit outstanding under the credit facility . in addition , entergy louisiana is a party to an uncommitted letter of credit facility as a means to post collateral to support its obligations to miso . a0 as of december 31 , 2017 , a $ 29.7 million letter of credit was outstanding under entergy louisiana 2019s uncommitted letter of credit a0facility . see note 4 to the financial statements for additional discussion of the credit facilities . the entergy louisiana nuclear fuel company variable interest entities have two separate credit facilities , one in the amount of $ 105 million and one in the amount of $ 85 million , both scheduled to expire in may 2019 . as of december 31 , 2017 , $ 65.7 million of loans were outstanding under the credit facility for the entergy louisiana river bend nuclear fuel company variable interest entity . as of december 31 , 2017 , $ 43.5 million in letters of credit to support a like amount of commercial paper issued and $ 36.4 million in loans were outstanding under the entergy louisiana waterford nuclear fuel company variable interest entity credit facility . see note 4 to the financial statements for additional discussion of the nuclear fuel company variable interest entity credit facilities . entergy louisiana , llc and subsidiaries management 2019s financial discussion and analysis . Question: what were receivables in 2017? Answer: 11173.0 Question: what were they in 2016? Answer: 22503.0 Question: what is the sum for 2016 and 2017? Answer: 33676.0 Question: what is the sum including 2015?

39830.0

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.

is&gs 2019 operating profit decreased $ 60 million , or 8% ( 8 % ) , for 2014 compared to 2013 . the decrease was primarily attributable to the activities mentioned above for sales , lower risk retirements and reserves recorded on an international program , partially offset by severance recoveries related to the restructuring announced in november 2013 of approximately $ 20 million for 2014 . adjustments not related to volume , including net profit booking rate adjustments , were approximately $ 30 million lower for 2014 compared to 2013 . 2013 compared to 2012 is&gs 2019 net sales decreased $ 479 million , or 5% ( 5 % ) , for 2013 compared to 2012 . the decrease was attributable to lower net sales of about $ 495 million due to decreased volume on various programs ( command and control programs for classified customers , ngi and eram programs ) ; and approximately $ 320 million due to the completion of certain programs ( such as total information processing support services , the transportation worker identification credential and the outsourcing desktop initiative for nasa ) . the decrease was partially offset by higher net sales of about $ 340 million due to the start-up of certain programs ( such as the disa gsm-o and the national science foundation antarctic support ) . is&gs 2019 operating profit decreased $ 49 million , or 6% ( 6 % ) , for 2013 compared to 2012 . the decrease was primarily attributable to lower operating profit of about $ 55 million due to certain programs nearing the end of their life cycles , partially offset by higher operating profit of approximately $ 15 million due to the start-up of certain programs . adjustments not related to volume , including net profit booking rate adjustments and other matters , were comparable for 2013 compared to 2012 . backlog backlog increased in 2014 compared to 2013 primarily due to several multi-year international awards and various u.s . multi-year extensions . this increase was partially offset by declining activities on various direct warfighter support and command and control programs impacted by defense budget reductions . backlog decreased in 2013 compared to 2012 primarily due to lower orders on several programs ( such as eram and ngi ) , higher sales on certain programs ( the national science foundation antarctic support and the disa gsm-o ) and declining activities on several smaller programs primarily due to the continued downturn in federal information technology budgets . trends we expect is&gs 2019 net sales to decline in 2015 in the low to mid single digit percentage range as compared to 2014 , primarily driven by the continued downturn in federal information technology budgets , an increasingly competitive environment , including the disaggregation of existing contracts , and new contract award delays , partially offset by increased sales resulting from acquisitions that occurred during the year . operating profit is expected to decline in the low double digit percentage range in 2015 primarily driven by volume and an increase in intangible amortization from 2014 acquisition activity , resulting in 2015 margins that are lower than 2014 results . missiles and fire control our mfc business segment provides air and missile defense systems ; tactical missiles and air-to-ground precision strike weapon systems ; logistics and other technical services ; fire control systems ; mission operations support , readiness , engineering support and integration services ; and manned and unmanned ground vehicles . mfc 2019s major programs include pac-3 , thaad , multiple launch rocket system , hellfire , jassm , javelin , apache , sniper ae , low altitude navigation and targeting infrared for night ( lantirn ae ) and sof clss . mfc 2019s operating results included the following ( in millions ) : . <table class='wikitable'><tr><td>1</td><td>-</td><td>2014</td><td>2013</td><td>2012</td></tr><tr><td>2</td><td>net sales</td><td>$ 7680</td><td>$ 7757</td><td>$ 7457</td></tr><tr><td>3</td><td>operating profit</td><td>1358</td><td>1431</td><td>1256</td></tr><tr><td>4</td><td>operating margins</td><td>17.7% ( 17.7 % )</td><td>18.4% ( 18.4 % )</td><td>16.8% ( 16.8 % )</td></tr><tr><td>5</td><td>backlog at year-end</td><td>$ 13600</td><td>$ 15000</td><td>$ 14700</td></tr></table> 2014 compared to 2013 mfc 2019s net sales for 2014 decreased $ 77 million , or 1% ( 1 % ) , compared to 2013 . the decrease was primarily attributable to lower net sales of approximately $ 385 million for technical services programs due to decreased volume reflecting market pressures ; and about $ 115 million for tactical missile programs due to fewer deliveries ( primarily high mobility artillery . Question: what is the net change in net sales from 2012 to 2013? Answer: 300.0 Question: what is the net sales in 2012? Answer: 7457.0 Question: what growth rate does this represent? Answer: 0.04023 Question: what is the net change in operating profit from 2012 to 2013?

175.0

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 graph below matches cadence design systems , inc . 2019s cumulative 5-year total shareholder return on common stock with the cumulative total returns of the s&p 500 index , the s&p information technology index , and the nasdaq composite index . the graph assumes that the value of the investment in our common stock , and in each index ( including reinvestment of dividends ) was $ 100 on december 28 , 2002 and tracks it through december 29 , 2007 . comparison of 5 year cumulative total return* among cadence design systems , inc. , the s&p 500 index , the nasdaq composite index and the s&p information technology index 12/29/0712/30/0612/31/051/1/051/3/0412/28/02 cadence design systems , inc . nasdaq composite s & p information technology s & p 500 * $ 100 invested on 12/28/02 in stock or on 12/31/02 in index-including reinvestment of dividends . indexes calculated on month-end basis . copyright b7 2007 , standard & poor 2019s , a division of the mcgraw-hill companies , inc . all rights reserved . www.researchdatagroup.com/s&p.htm . <table class='wikitable'><tr><td>1</td><td>-</td><td>12/28/02</td><td>1/3/04</td><td>1/1/05</td><td>12/31/05</td><td>12/30/06</td><td>12/29/07</td></tr><tr><td>2</td><td>cadence design systems inc .</td><td>100.00</td><td>149.92</td><td>113.38</td><td>138.92</td><td>147.04</td><td>139.82</td></tr><tr><td>3</td><td>s & p 500</td><td>100.00</td><td>128.68</td><td>142.69</td><td>149.70</td><td>173.34</td><td>182.87</td></tr><tr><td>4</td><td>nasdaq composite</td><td>100.00</td><td>149.75</td><td>164.64</td><td>168.60</td><td>187.83</td><td>205.22</td></tr><tr><td>5</td><td>s & p information technology</td><td>100.00</td><td>147.23</td><td>150.99</td><td>152.49</td><td>165.32</td><td>192.28</td></tr></table> the stock price performance included in this graph is not necessarily indicative of future stock price performance . Question: what was the net change in value of cadence design from 2002 to 2007? Answer: 39.82 Question: what is the percent change? Answer: 0.3982 Question: what is the value of the s&p 500 in 2007? Answer: 182.87 Question: what was the net change in difference from 2002 to 2007? Answer: 82.87 Question: what is the percent change? Answer: 0.8287 Question: what is the difference of the 2 stock price percent changes?

-0.4305

Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.

during 2010 , we granted 3.8 million rsus and 1.1 million employee sars . see footnote no . 4 , 201cshare-based compensation , 201d of the notes to our financial statements for additional information . new accounting standards see footnote no . 1 , 201csummary of significant accounting policies , 201d of the notes to our financial statements for information related to our adoption of new accounting standards in 2010 and for information on our anticipated adoption of recently issued accounting standards . liquidity and capital resources cash requirements and our credit facilities our credit facility , which expires on may 14 , 2012 , and associated letters of credit , provide for $ 2.4 billion of aggregate effective borrowings . borrowings under the credit facility bear interest at the london interbank offered rate ( libor ) plus a fixed spread based on the credit ratings for our public debt . we also pay quarterly fees on the credit facility at a rate based on our public debt rating . for additional information on our credit facility , including participating financial institutions , see exhibit 10 , 201camended and restated credit agreement , 201d to our current report on form 8-k filed with the sec on may 16 , 2007 . although our credit facility does not expire until 2012 , we expect that we may extend or replace it during 2011 . the credit facility contains certain covenants , including a single financial covenant that limits our maximum leverage ( consisting of adjusted total debt to consolidated ebitda , each as defined in the credit facility ) to not more than 4 to 1 . our outstanding public debt does not contain a corresponding financial covenant or a requirement that we maintain certain financial ratios . we currently satisfy the covenants in our credit facility and public debt instruments , including the leverage covenant under the credit facility , and do not expect the covenants to restrict our ability to meet our anticipated borrowing and guarantee levels or increase those levels should we need to do so in the future . we believe the credit facility , together with cash we expect to generate from operations and our ability to raise capital , remains adequate to meet our short-term and long-term liquidity requirements , finance our long-term growth plans , meet debt service , and fulfill other cash requirements . at year-end 2010 , our available borrowing capacity amounted to $ 2.831 billion and reflected borrowing capacity of $ 2.326 billion under our credit facility and our cash balance of $ 505 million . we calculate that borrowing capacity by taking $ 2.404 billion of effective aggregate bank commitments under our credit facility and subtracting $ 78 million of outstanding letters of credit under our credit facility . during 2010 , we repaid our outstanding credit facility borrowings and had no outstanding balance at year-end . as noted in the previous paragraphs , we anticipate that this available capacity will be adequate to fund our liquidity needs . since we continue to have ample flexibility under the credit facility 2019s covenants , we also expect that undrawn bank commitments under the credit facility will remain available to us even if business conditions were to deteriorate markedly . cash from operations cash from operations , depreciation expense , and amortization expense for the last three fiscal years are as follows : ( $ in millions ) 2010 2009 2008 . <table class='wikitable'><tr><td>1</td><td>( $ in millions )</td><td>2010</td><td>2009</td><td>2008</td></tr><tr><td>2</td><td>cash from operations</td><td>$ 1151</td><td>$ 868</td><td>$ 641</td></tr><tr><td>3</td><td>depreciation expense</td><td>138</td><td>151</td><td>155</td></tr><tr><td>4</td><td>amortization expense</td><td>40</td><td>34</td><td>35</td></tr></table> our ratio of current assets to current liabilities was roughly 1.4 to 1.0 at year-end 2010 and 1.2 to 1.0 at year-end 2009 . we minimize working capital through cash management , strict credit-granting policies , and aggressive collection efforts . we also have significant borrowing capacity under our credit facility should we need additional working capital. . Question: what was cash from operations in 2009? Answer: 868.0 Question: what was the value in 2008?

641.0

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.

with apb no . 25 . instead , companies will be required to account for such transactions using a fair-value method and recognize the related expense associated with share-based payments in the statement of operations . sfas 123r is effective for us as of january 1 , 2006 . we have historically accounted for share-based payments to employees under apb no . 25 2019s intrinsic value method . as such , we generally have not recognized compensation expense for options granted to employees . we will adopt the provisions of sfas 123r under the modified prospective method , in which compensation cost for all share-based payments granted or modified after the effective date is recognized based upon the requirements of sfas 123r , and compensation cost for all awards granted to employees prior to the effective date that are unvested as of the effective date of sfas 123r is recognized based on sfas 123 . tax benefits will be recognized related to the cost for share-based payments to the extent the equity instrument would ordinarily result in a future tax deduction under existing law . tax expense will be recognized to write off excess deferred tax assets when the tax deduction upon settlement of a vested option is less than the expense recorded in the statement of operations ( to the extent not offset by prior tax credits for settlements where the tax deduction was greater than the fair value cost ) . we estimate that we will recognize equity-based compensation expense of approximately $ 35 million to $ 38 million for the year ending december 31 , 2006 . this amount is subject to revisions as we finalize certain assumptions related to 2006 , including the size and nature of awards and forfeiture rates . sfas 123r also requires the benefits of tax deductions in excess of recognized compensation cost be reported as a financing cash flow rather than as operating cash flow as was previously required . we cannot estimate what the future tax benefits will be as the amounts depend on , among other factors , future employee stock option exercises . due to the our tax loss position , there was no operating cash inflow realized for december 31 , 2005 and 2004 for such excess tax deductions . in march 2005 , the sec issued staff accounting bulletin ( sab ) no . 107 regarding the staff 2019s interpretation of sfas 123r . this interpretation provides the staff 2019s views regarding interactions between sfas 123r and certain sec rules and regulations and provides interpretations of the valuation of share-based payments for public companies . the interpretive guidance is intended to assist companies in applying the provisions of sfas 123r and investors and users of the financial statements in analyzing the information provided . we will follow the guidance prescribed in sab no . 107 in connection with our adoption of sfas 123r . information presented pursuant to the indentures of our 7.50% ( 7.50 % ) notes , 7.125% ( 7.125 % ) notes and ati 7.25% ( 7.25 % ) the following table sets forth information that is presented solely to address certain tower cash flow reporting requirements contained in the indentures for our 7.50% ( 7.50 % ) notes , 7.125% ( 7.125 % ) notes and ati 7.25% ( 7.25 % ) notes . the information contained in note 19 to our consolidated financial statements is also presented to address certain reporting requirements contained in the indenture for our ati 7.25% ( 7.25 % ) notes . the following table presents tower cash flow , adjusted consolidated cash flow and non-tower cash flow for the company and its restricted subsidiaries , as defined in the indentures for the applicable notes ( in thousands ) : . <table class='wikitable'><tr><td>1</td><td>tower cash flow for the three months ended december 31 2005</td><td>$ 139590</td></tr><tr><td>2</td><td>consolidated cash flow for the twelve months ended december 31 2005</td><td>$ 498266</td></tr><tr><td>3</td><td>less : tower cash flow for the twelve months ended december 31 2005</td><td>-524804 ( 524804 )</td></tr><tr><td>4</td><td>plus : four times tower cash flow for the three months ended december 31 2005</td><td>558360</td></tr><tr><td>5</td><td>adjusted consolidated cash flow for the twelve months ended december 31 2005</td><td>$ 531822</td></tr><tr><td>6</td><td>non-tower cash flow for the twelve months ended december 31 2005</td><td>$ -30584 ( 30584 )</td></tr></table> . Question: what is the value of non-tower cash flow for the twelve months ended december 31 2005?

30584.0

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.

issuer purchases of equity securities during the three months ended december 31 , 2007 , we repurchased 8895570 shares of our class a common stock for an aggregate of $ 385.1 million pursuant to the $ 1.5 billion stock repurchase program publicly announced in february 2007 , as follows : period total number of shares purchased ( 1 ) average price paid per share total number of shares purchased as part of publicly announced plans or programs approximate dollar value of shares that may yet be purchased under the plans or programs ( in millions ) . <table class='wikitable'><tr><td>1</td><td>period</td><td>total number of shares purchased ( 1 )</td><td>average price paid per share</td><td>total number of shares purchased as part of publicly announced plans or programs</td><td>approximate dollar value of shares that may yet be purchased under the plans or programs ( in millions )</td></tr><tr><td>2</td><td>october 2007</td><td>3493426</td><td>$ 43.30</td><td>3493426</td><td>$ 449.9</td></tr><tr><td>3</td><td>november 2007</td><td>2891719</td><td>$ 44.16</td><td>2891719</td><td>$ 322.2</td></tr><tr><td>4</td><td>december 2007</td><td>2510425</td><td>$ 44.20</td><td>2510425</td><td>$ 216.2</td></tr><tr><td>5</td><td>total fourth quarter</td><td>8895570</td><td>$ 43.27</td><td>8895570</td><td>$ 216.2</td></tr></table> ( 1 ) issuer repurchases pursuant to the $ 1.5 billion stock repurchase program publicly announced in february 2007 . under this program , our management was authorized through february 2008 to purchase shares from time to time through open market purchases or privately negotiated transactions at prevailing prices as permitted by securities laws and other legal requirements , and subject to market conditions and other factors . to facilitate repurchases , we typically made purchases pursuant to trading plans under rule 10b5-1 of the exchange act , which allow us to repurchase shares during periods when we otherwise might be prevented from doing so under insider trading laws or because of self-imposed trading blackout periods . subsequent to december 31 , 2007 , we repurchased 4.3 million shares of our class a common stock for an aggregate of $ 163.7 million pursuant to this program . in february 2008 , our board of directors approved a new stock repurchase program , pursuant to which we are authorized to purchase up to an additional $ 1.5 billion of our class a common stock . purchases under this stock repurchase program are subject to us having available cash to fund repurchases , as further described in item 1a of this annual report under the caption 201crisk factors 2014we anticipate that we may need additional financing to fund our stock repurchase programs , to refinance our existing indebtedness and to fund future growth and expansion initiatives 201d and 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 . 201d . Question: what was the number of shares repurchased in october 2007?

3493426.0

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.

for the year ended december 31 , 2005 , we realized net losses of $ 1 million on sales of available-for- sale securities . unrealized gains of $ 1 million were included in other comprehensive income at december 31 , 2004 , net of deferred taxes of less than $ 1 million , related to these sales . for the year ended december 31 , 2004 , we realized net gains of $ 26 million on sales of available-for- sale securities . unrealized gains of $ 11 million were included in other comprehensive income at december 31 , 2003 , net of deferred taxes of $ 7 million , related to these sales . note 13 . equity-based compensation the 2006 equity incentive plan was approved by shareholders in april 2006 , and 20000000 shares of common stock were approved for issuance for stock and stock-based awards , including stock options , stock appreciation rights , restricted stock , deferred stock and performance awards . in addition , up to 8000000 shares from our 1997 equity incentive plan , that were available to issue or become available due to cancellations and forfeitures , may be awarded under the 2006 plan . the 1997 plan expired on december 18 , 2006 . as of december 31 , 2006 , 1305420 shares from the 1997 plan have been added to and may be awarded from the 2006 plan . as of december 31 , 2006 , 106045 awards have been made under the 2006 plan . we have stock options outstanding from previous plans , including the 1997 plan , under which no further grants can be made . the exercise price of non-qualified and incentive stock options and stock appreciation rights may not be less than the fair value of such shares at the date of grant . stock options and stock appreciation rights issued under the 2006 plan and the prior 1997 plan generally vest over four years and expire no later than ten years from the date of grant . for restricted stock awards issued under the 2006 plan and the prior 1997 plan , stock certificates are issued at the time of grant and recipients have dividend and voting rights . in general , these grants vest over three years . for deferred stock awards issued under the 2006 plan and the prior 1997 plan , no stock is issued at the time of grant . generally , these grants vest over two- , three- or four-year periods . performance awards granted under the 2006 equity incentive plan and the prior 1997 plan are earned over a performance period based on achievement of goals , generally over two- to three- year periods . payment for performance awards is made in shares of our common stock or in cash equal to the fair market value of our common stock , based on certain financial ratios after the conclusion of each performance period . we record compensation expense , equal to the estimated fair value of the options on the grant date , on a straight-line basis over the options 2019 vesting period . we use a black-scholes option-pricing model to estimate the fair value of the options granted . the weighted-average assumptions used in connection with the option-pricing model were as follows for the years indicated. . <table class='wikitable'><tr><td>1</td><td>-</td><td>2006</td><td>2005</td><td>2004</td></tr><tr><td>2</td><td>dividend yield</td><td>1.41% ( 1.41 % )</td><td>1.85% ( 1.85 % )</td><td>1.35% ( 1.35 % )</td></tr><tr><td>3</td><td>expected volatility</td><td>26.50</td><td>28.70</td><td>27.10</td></tr><tr><td>4</td><td>risk-free interest rate</td><td>4.60</td><td>4.19</td><td>3.02</td></tr><tr><td>5</td><td>expected option lives ( in years )</td><td>7.8</td><td>7.8</td><td>5.0</td></tr></table> compensation expense related to stock options , stock appreciation rights , restricted stock awards , deferred stock awards and performance awards , which we record as a component of salaries and employee benefits expense in our consolidated statement of income , was $ 208 million , $ 110 million and $ 74 million for the years ended december 31 , 2006 , 2005 and 2004 , respectively . the related total income tax benefit recorded in our consolidated statement of income was $ 83 million , $ 44 million and $ 30 million for 2006 , 2005 and 2004 , respectively . seq 87 copyarea : 38 . x 54 . trimsize : 8.25 x 10.75 typeset state street corporation serverprocess c:\\fc\\delivery_1024177\\2771-1-do_p.pdf chksum : 0 cycle 1merrill corporation 07-2771-1 thu mar 01 17:11:13 2007 ( v 2.247w--stp1pae18 ) . Question: what was the net change in the value of employee benefit expense from 2004 to 2006?

134.0

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.

s c h e d u l e i v ace limited and subsidiaries s u p p l e m e n t a l i n f o r m a t i o n c o n c e r n i n g r e i n s u r a n c e premiums earned for the years ended december 31 , 2010 , 2009 , and 2008 ( in millions of u.s . dollars , except for percentages ) direct amount ceded to companies assumed from other companies net amount percentage of amount assumed to . <table class='wikitable'><tr><td>1</td><td>for the years ended december 31 2010 2009 and 2008 ( in millions of u.s . dollars except for percentages )</td><td>directamount</td><td>ceded to other companies</td><td>assumed from other companies</td><td>net amount</td><td>percentage of amount assumed to net</td></tr><tr><td>2</td><td>2010</td><td>$ 15780</td><td>$ 5792</td><td>$ 3516</td><td>$ 13504</td><td>26% ( 26 % )</td></tr><tr><td>3</td><td>2009</td><td>$ 15415</td><td>$ 5943</td><td>$ 3768</td><td>$ 13240</td><td>28% ( 28 % )</td></tr><tr><td>4</td><td>2008</td><td>$ 16087</td><td>$ 6144</td><td>$ 3260</td><td>$ 13203</td><td>25% ( 25 % )</td></tr></table> . Question: what is the direct amount for 2010? Answer: 15780.0 Question: what about in 2009? Answer: 15415.0 Question: what is the net change in direct amount from 2009 to 2010? Answer: 365.0 Question: what is the direct amount for 2009?

15415.0

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.

addition , we are exposed to gains and losses resulting from fluctuations in foreign currency exchange rates on transactions generated by our international subsidiaries in currencies other than their local currencies . these gains and losses are primarily driven by inter-company transactions . these exposures are included in other income ( expense ) , net on the consolidated statements of income . since 2007 , we have used foreign currency forward contracts to reduce the risk from exchange rate fluctuations on inter-company transactions and projected inventory purchases for our canadian subsidiary . beginning in december 2008 , we began using foreign currency forward contracts in order to reduce the risk associated with foreign currency exchange rate fluctuations on inter-company transactions for our european subsidiary . we do not enter into derivative financial instruments for speculative or trading purposes . based on the foreign currency forward contracts outstanding as of december 31 , 2009 , we receive us dollars in exchange for canadian dollars at a weighted average contractual forward foreign currency exchange rate of 1.04 cad per $ 1.00 and us dollars in exchange for euros at a weighted average contractual foreign currency exchange rate of 0.70 eur per $ 1.00 . as of december 31 , 2009 , the notional value of our outstanding foreign currency forward contracts for our canadian subsidiary was $ 15.4 million with contract maturities of 1 month , and the notional value of our outstanding foreign currency forward contracts for our european subsidiary was $ 56.0 million with contract maturities of 1 month . the foreign currency forward contracts are not designated as cash flow hedges , and accordingly , changes in their fair value are recorded in other income ( expense ) , net on the consolidated statements of income . the fair value of our foreign currency forward contracts was $ 0.3 million and $ 1.2 million as of december 31 , 2009 and 2008 , respectively . these amounts are included in prepaid expenses and other current assets on the consolidated balance sheet . refer to note 9 for a discussion of the fair value measurements . other income ( expense ) , net included the following amounts related to changes in foreign currency exchange rates and derivative foreign currency forward contracts: . <table class='wikitable'><tr><td>1</td><td>year ended december 31 , ( in thousands )</td><td>year ended december 31 , 2009</td><td>year ended december 31 , 2008</td><td>2007</td></tr><tr><td>2</td><td>unrealized foreign currency exchange rate gains ( losses )</td><td>$ 5222</td><td>$ -5459 ( 5459 )</td><td>$ 2567</td></tr><tr><td>3</td><td>realized foreign currency exchange rate gains ( losses )</td><td>-261 ( 261 )</td><td>-2166 ( 2166 )</td><td>174</td></tr><tr><td>4</td><td>unrealized derivative gains ( losses )</td><td>-1060 ( 1060 )</td><td>1650</td><td>-243 ( 243 )</td></tr><tr><td>5</td><td>realized derivative losses</td><td>-4412 ( 4412 )</td><td>-204 ( 204 )</td><td>-469 ( 469 )</td></tr></table> although we have entered into foreign currency forward contracts to minimize some of the impact of foreign currency exchange rate fluctuations on future cash flows , we cannot be assured that foreign currency exchange rate fluctuations will not have a material adverse impact on our financial condition and results of operations . inflation inflationary factors such as increases in the cost of our product and overhead costs may adversely affect our operating results . although we do not believe that inflation has had a material impact on our financial position or results of operations to date , a high rate of inflation in the future may have an adverse effect on our ability to maintain current levels of gross margin and selling , general and administrative expenses as a percentage of net revenues if the selling prices of our products do not increase with these increased costs. . Question: what is the balance in the air value of our foreign currency forward contracts in 2009? Answer: 0.3 Question: what about in 2008? Answer: 1.2 Question: what is the net change?

-0.9

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.

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? Answer: -1.0 Question: and from 2015 to that year, what was the change in the fair value of options?

-1.32

Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.

december 31 , 2018 . alcoa corporation will supply all required raw materials to arconic and arconic will process the raw materials into finished can sheet coils ready for shipment to the end customer . tolling revenue for the two months ended december 31 , 2016 was approximately $ 37 million . in 2017 , demand in the automotive end market is expected to continue to grow due to the growing demand for innovative products and aluminum-intensive vehicles . demand from the commercial airframe end market is expected to be flat in 2017 as the ramp up of new programs is offset by customer destocking and lower build rates for aluminum intensive wide-body programs . sales to the packaging market are expected to decline due to continuing pricing pressure within this market and the ramp-down of the north american packaging operations . net productivity improvements are anticipated to continue . engineered products and solutions . <table class='wikitable'><tr><td>1</td><td>-</td><td>2016</td><td>2015</td><td>2014</td></tr><tr><td>2</td><td>third-party sales</td><td>$ 5728</td><td>$ 5342</td><td>$ 4217</td></tr><tr><td>3</td><td>atoi</td><td>$ 642</td><td>$ 595</td><td>$ 579</td></tr></table> the engineered products and solutions segment produces products that are used primarily in the aerospace ( commercial and defense ) , commercial transportation , and power generation end markets . such products include fastening systems ( titanium , steel , and nickel superalloys ) and seamless rolled rings ( mostly nickel superalloys ) ; investment castings ( nickel superalloys , titanium , and aluminum ) , including airfoils and forged jet engine components ( e.g. , jet engine disks ) , and extruded , machined and formed aircraft parts ( titanium and aluminum ) , all of which are sold directly to customers and through distributors . more than 75% ( 75 % ) of the third-party sales in this segment are from the aerospace end market . a small part of this segment also produces various forged , extruded , and machined metal products ( titanium , aluminum and steel ) for the oil and gas , industrial products , automotive , and land and sea defense end markets . seasonal decreases in sales are generally experienced in the third quarter of the year due to the european summer slowdown across all end markets . generally , the sales and costs and expenses of this segment are transacted in the local currency of the respective operations , which are mostly the u.s . dollar , british pound and the euro . in july 2015 , arconic completed the acquisition of rti , a global supplier of titanium and specialty metal products and services for the commercial aerospace , defense , energy , and medical device end markets . the purpose of the acquisition was to expand arconic 2019s range of titanium offerings and add advanced technologies and materials , primarily related to the aerospace end market . in 2014 , rti generated net sales of $ 794 and had approximately 2600 employees . the operating results and assets and liabilities of rti have been included within the engineered products and solutions segment since the date of acquisition . in march 2015 , arconic completed the acquisition of tital , a privately held aerospace castings company with approximately 650 employees based in germany . tital produces aluminum and titanium investment casting products for the aerospace and defense end markets . in 2014 , tital generated sales of approximately $ 100 . the purpose of the acquisition was to capture increasing demand for advanced jet engine components made of titanium , establish titanium- casting capabilities in europe , and expand existing aluminum casting capacity . the operating results and assets and liabilities of tital have been included within the engineered products and solutions segment since the date of acquisition . in november 2014 , arconic completed the acquisition of firth rixson , a global leader in aerospace jet engine components . firth rixson manufactures rings , forgings , and metal products for the aerospace end market , as well as other markets requiring highly-engineered material applications . the purpose of the acquisition was to strengthen arconic 2019s aerospace business and position the company to capture additional aerospace growth with a broader range of high-growth , value-add jet engine components . firth rixson generated sales of approximately $ 970 in 2014 and had 13 operating facilities in the united states , united kingdom , europe , and asia employing approximately 2400 people combined . the operating results and assets and liabilities of firth rixson have been included within the engineered products and solutions segment since the date of acquisition. . Question: what was the total of third-party sales in the engineered products and solutions segment in the year of 2015? Answer: 5342.0 Question: and what percentage of this total was from aerospace end market sales? Answer: 0.75 Question: what was, then, the amount of those market sales? Answer: 4006.5 Question: and in the previous year of that one, what was the total of sales generated from firth rixson? Answer: 970.0 Question: and what was it for tital?

100.0

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 as of december 31 , 2010 , total unrecognized compensation expense related to unvested restricted stock units granted under the 2007 plan was $ 57.5 million and is expected to be recognized over a weighted average period of approximately two years . employee stock purchase plan 2014the company maintains an employee stock purchase plan ( 201cespp 201d ) for all eligible employees . under the espp , shares of the company 2019s common stock may be purchased during bi-annual offering periods at 85% ( 85 % ) of the lower of the fair market value on the first or the last day of each offering period . employees may purchase shares having a value not exceeding 15% ( 15 % ) of their gross compensation during an offering period and may not purchase more than $ 25000 worth of stock in a calendar year ( based on market values at the beginning of each offering period ) . the offering periods run from june 1 through november 30 and from december 1 through may 31 of each year . during the 2010 , 2009 and 2008 offering periods employees purchased 75354 , 77509 and 55764 shares , respectively , at weighted average prices per share of $ 34.16 , $ 23.91 and $ 30.08 , 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 2010 , 2009 and 2008 was $ 9.43 , $ 6.65 and $ 7.89 , respectively . at december 31 , 2010 , 8.7 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>2010</td><td>2009</td><td>2008</td></tr><tr><td>2</td><td>range of risk-free interest rate</td><td>0.22% ( 0.22 % ) - 0.23% ( 0.23 % )</td><td>0.29% ( 0.29 % ) - 0.44% ( 0.44 % )</td><td>1.99% ( 1.99 % ) - 3.28% ( 3.28 % )</td></tr><tr><td>3</td><td>weighted average risk-free interest rate</td><td>0.22% ( 0.22 % )</td><td>0.38% ( 0.38 % )</td><td>2.58% ( 2.58 % )</td></tr><tr><td>4</td><td>expected life of 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>35.26% ( 35.26 % ) - 35.27% ( 35.27 % )</td><td>35.31% ( 35.31 % ) - 36.63% ( 36.63 % )</td><td>27.85% ( 27.85 % ) - 28.51% ( 28.51 % )</td></tr><tr><td>6</td><td>weighted average expected volatility of underlying stock price</td><td>35.26% ( 35.26 % )</td><td>35.83% ( 35.83 % )</td><td>28.51% ( 28.51 % )</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 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 none and 1.7 million shares of common stock remained outstanding as of december 31 , 2010 and 2009 , respectively . these warrants expired on february 10 , 2010 . stock repurchase program 2014during the year ended december 31 , 2010 , the company repurchased an aggregate of approximately 9.3 million shares of its common stock for an aggregate of $ 420.8 million , including commissions and fees , of which $ 418.6 million was paid in cash prior to december 31 , 2010 and $ 2.2 million was included in accounts payable and accrued expenses in the accompanying consolidated balance sheet as of december 31 , 2010 , pursuant to its publicly announced stock repurchase program , as described below. . Question: what was the number of shares purchased by employees in 2009?

77509.0

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.

packaging corporation of america notes to consolidated financial statements ( continued ) december 31 , 2006 4 . stock-based compensation ( continued ) as of december 31 , 2006 , there was $ 8330000 of total unrecognized compensation costs related to the restricted stock awards . the company expects to recognize the cost of these stock awards over a weighted-average period of 2.5 years . 5 . accrued liabilities the components of accrued liabilities are as follows: . <table class='wikitable'><tr><td>1</td><td>( in thousands )</td><td>december 31 , 2006</td><td>december 31 , 2005</td></tr><tr><td>2</td><td>bonuses and incentives</td><td>$ 29822</td><td>$ 21895</td></tr><tr><td>3</td><td>medical insurance and workers 2019 compensation</td><td>18279</td><td>18339</td></tr><tr><td>4</td><td>vacation and holiday pay</td><td>14742</td><td>14159</td></tr><tr><td>5</td><td>customer volume discounts and rebates</td><td>13777</td><td>13232</td></tr><tr><td>6</td><td>franchise and property taxes</td><td>8432</td><td>8539</td></tr><tr><td>7</td><td>payroll and payroll taxes</td><td>5465</td><td>4772</td></tr><tr><td>8</td><td>other</td><td>9913</td><td>5889</td></tr><tr><td>9</td><td>total</td><td>$ 100430</td><td>$ 86825</td></tr></table> 6 . employee benefit plans and other postretirement benefits in connection with the acquisition from pactiv , pca and pactiv entered into a human resources agreement which , among other items , granted pca employees continued participation in the pactiv pension plan for a period of up to five years following the closing of the acquisition for an agreed upon fee . effective january 1 , 2003 , pca adopted a mirror-image pension plan for eligible hourly employees to succeed the pactiv pension plan in which pca hourly employees had participated though december 31 , 2002 . the pca pension plan for hourly employees recognizes service earned under both the pca plan and the prior pactiv plan . benefits earned under the pca plan are reduced by retirement benefits earned under the pactiv plan through december 31 , 2002 . all assets and liabilities associated with benefits earned through december 31 , 2002 for hourly employees and retirees of pca were retained by the pactiv plan . effective may 1 , 2004 , pca adopted a grandfathered pension plan for certain salaried employees who had previously participated in the pactiv pension plan pursuant to the above mentioned human resource agreement . the benefit formula for the new pca pension plan for salaried employees is comparable to that of the pactiv plan except that the pca plan uses career average base pay in the benefit formula in lieu of final average base pay . the pca pension plan for salaried employees recognizes service earned under both the pca plan and the prior pactiv plan . benefits earned under the pca plan are reduced by retirement benefits earned under the pactiv plan through april 30 , 2004 . all assets and liabilities associated with benefits earned through april 30 , 2004 for salaried employees and retirees of pca were retained by the pactiv plan . pca maintains a supplemental executive retirement plan ( 201cserp 201d ) , which augments pension benefits for eligible executives ( excluding the ceo ) earned under the pca pension plan for salaried employees . benefits are determined using the same formula as the pca pension plan but in addition to counting . Question: what was the value of payroll and payroll taxes from 2006? Answer: 5465.0 Question: what was the value from 2005? Answer: 4772.0 Question: what is the net change in value?

693.0

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?

3430.0

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.

as of december 31 , 2006 , the company also leased an office and laboratory facility in connecticut , additional office , distribution and storage facilities in san diego , and four foreign facilities located in japan , singapore , china and the netherlands under non-cancelable operating leases that expire at various times through june 2011 . these leases contain renewal options ranging from one to five years . as of december 31 , 2006 , annual future minimum payments under these operating leases were as follows ( in thousands ) : . <table class='wikitable'><tr><td>1</td><td>2007</td><td>5320</td></tr><tr><td>2</td><td>2008</td><td>5335</td></tr><tr><td>3</td><td>2009</td><td>5075</td></tr><tr><td>4</td><td>2010</td><td>4659</td></tr><tr><td>5</td><td>2011</td><td>4712</td></tr><tr><td>6</td><td>2012 and thereafter</td><td>12798</td></tr><tr><td>7</td><td>total</td><td>$ 37899</td></tr></table> rent expense , net of amortization of the deferred gain on sale of property , was $ 4723041 , $ 4737218 , and $ 1794234 for the years ended december 31 , 2006 , january 1 , 2006 and january 2 , 2005 , respectively . 6 . stockholders 2019 equity common stock as of december 31 , 2006 , the company had 46857512 shares of common stock outstanding , of which 4814744 shares were sold to employees and consultants subject to restricted stock agreements . the restricted common shares vest in accordance with the provisions of the agreements , generally over five years . all unvested shares are subject to repurchase by the company at the original purchase price . as of december 31 , 2006 , 36000 shares of common stock were subject to repurchase . in addition , the company also issued 12000 shares for a restricted stock award to an employee under the company 2019s new 2005 stock and incentive plan based on service performance . these shares vest monthly over a three-year period . stock options 2005 stock and incentive plan in june 2005 , the stockholders of the company approved the 2005 stock and incentive plan ( the 2005 stock plan ) . upon adoption of the 2005 stock plan , issuance of options under the company 2019s existing 2000 stock plan ceased . the 2005 stock plan provides that an aggregate of up to 11542358 shares of the company 2019s common stock be reserved and available to be issued . in addition , the 2005 stock plan provides for an automatic annual increase in the shares reserved for issuance by the lesser of 5% ( 5 % ) of outstanding shares of the company 2019s common stock on the last day of the immediately preceding fiscal year , 1200000 shares or such lesser amount as determined by the company 2019s board of directors . illumina , inc . notes to consolidated financial statements 2014 ( continued ) . Question: what percentage do the annual future minimum payments under operating leases due in 2007 represent in relation to the total ones? Answer: 0.14037 Question: and what percentage do the ones due in 2008 represent?

0.14077

Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.

in september 2007 , we reached a settlement with the united states department of justice in an ongoing investigation into financial relationships between major orthopaedic manufacturers and consulting orthopaedic surgeons . under the terms of the settlement , we paid a civil settlement amount of $ 169.5 million and we recorded an expense in that amount . no tax benefit has been recorded related to the settlement expense due to the uncertainty as to the tax treatment . we intend to pursue resolution of this uncertainty with taxing authorities , but are unable to ascertain the outcome or timing for such resolution at this time . for more information regarding the settlement , see note 15 . in june 2006 , the financial accounting standards board ( fasb ) issued interpretation no . 48 , accounting for uncertainty in income taxes 2013 an interpretation of fasb statement no . 109 , accounting for income taxes ( fin 48 ) . fin 48 addresses the determination of whether tax benefits claimed or expected to be claimed on a tax return should be recorded in the financial statements . under fin 48 , we may recognize the tax benefit from an uncertain tax position only if it is more likely than not that the tax position will be sustained on examination by the taxing authorities , based on the technical merits of the position . the tax benefits recognized in the financial statements from such a position should be measured based on the largest benefit that has a greater than fifty percent likelihood of being realized upon ultimate settlement . fin 48 also provides guidance on derecognition , classification , interest and penalties on income taxes , accounting in interim periods and requires increased disclosures . we adopted fin 48 on january 1 , 2007 . prior to the adoption of fin 48 we had a long term tax liability for expected settlement of various federal , state and foreign income tax liabilities that was reflected net of the corollary tax impact of these expected settlements of $ 102.1 million , as well as a separate accrued interest liability of $ 1.7 million . as a result of the adoption of fin 48 , we are required to present the different components of such liability on a gross basis versus the historical net presentation . the adoption resulted in the financial statement liability for unrecognized tax benefits decreasing by $ 6.4 million as of january 1 , 2007 . the adoption resulted in this decrease in the liability as well as a reduction to retained earnings of $ 4.8 million , a reduction in goodwill of $ 61.4 million , the establishment of a tax receivable of $ 58.2 million , which was recorded in other current and non-current assets on our consolidated balance sheet , and an increase in an interest/penalty payable of $ 7.9 million , all as of january 1 , 2007 . therefore , after the adoption of fin 48 , the amount of unrecognized tax benefits is $ 95.7 million as of january 1 , 2007 , of which $ 28.6 million would impact our effective tax rate , if recognized . the amount of unrecognized tax benefits is $ 135.2 million as of december 31 , 2007 . of this amount , $ 41.0 million would impact our effective tax rate , if recognized . a reconciliation of the beginning and ending amounts of unrecognized tax benefits is as follows ( in millions ) : . <table class='wikitable'><tr><td>1</td><td>balance at january 1 2007</td><td>$ 95.7</td></tr><tr><td>2</td><td>increases related to prior periods</td><td>27.4</td></tr><tr><td>3</td><td>decreases related to prior periods</td><td>-5.5 ( 5.5 )</td></tr><tr><td>4</td><td>increases related to current period</td><td>21.9</td></tr><tr><td>5</td><td>decreases related to settlements with taxing authorities</td><td>-1.3 ( 1.3 )</td></tr><tr><td>6</td><td>decreases related to lapse of statue of limitations</td><td>-3.0 ( 3.0 )</td></tr><tr><td>7</td><td>balance at december 31 2007</td><td>$ 135.2</td></tr></table> we recognize accrued interest and penalties related to unrecognized tax benefits in income tax expense in the consolidated statements of earnings , which is consistent with the recognition of these items in prior reporting periods . as of january 1 , 2007 , we recorded a liability of $ 9.6 million for accrued interest and penalties , of which $ 7.5 million would impact our effective tax rate , if recognized . the amount of this liability is $ 19.6 million as of december 31 , 2007 . of this amount , $ 14.7 million would impact our effective tax rate , if recognized . we expect that the amount of tax liability for unrecognized tax benefits will change in the next twelve months ; however , we do not expect these changes will have a significant impact on our results of operations or financial position . the u.s . federal statute of limitations remains open for the year 2003 and onward with years 2003 and 2004 currently under examination by the irs . it is reasonably possible that a resolution with the irs for the years 2003 through 2004 will be reached within the next twelve months , but we do not anticipate this would result in any material impact on our financial position . in addition , for the 1999 tax year of centerpulse , which we acquired in october 2003 , one issue remains in dispute . the resolution of this issue would not impact our effective tax rate , as it would be recorded as an adjustment to goodwill . state income tax returns are generally subject to examination for a period of 3 to 5 years after filing of the respective return . the state impact of any federal changes remains subject to examination by various states for a period of up to one year after formal notification to the states . we have various state income tax returns in the process of examination , administrative appeals or litigation . it is reasonably possible that such matters will be resolved in the next twelve months , but we do not anticipate that the resolution of these matters would result in any material impact on our results of operations or financial position . foreign jurisdictions have statutes of limitations generally ranging from 3 to 5 years . years still open to examination by foreign tax authorities in major jurisdictions include australia ( 2003 onward ) , canada ( 1999 onward ) , france ( 2005 onward ) , germany ( 2005 onward ) , italy ( 2003 onward ) , japan ( 2001 onward ) , puerto rico ( 2005 onward ) , singapore ( 2003 onward ) , switzerland ( 2004 onward ) , and the united kingdom ( 2005 onward ) . z i m m e r h o l d i n g s , i n c . 2 0 0 7 f o r m 1 0 - k a n n u a l r e p o r t notes to consolidated financial statements ( continued ) . Question: what was the balance of unrecognized tax benefits as of 12/31/07? Answer: 135.2 Question: and for 1/1/07? Answer: 95.7 Question: so what was the proportion of the ending balance to the beginning balance? Answer: 1.41275 Question: and the percentage?

0.41275

Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.

bhge 2017 form 10-k | 27 the short term . we do , however , view the long term economics of the lng industry as positive given our outlook for supply and demand . 2022 refinery , petrochemical and industrial projects : in refining , we believe large , complex refineries should gain advantage in a more competitive , oversupplied landscape in 2018 as the industry globalizes and refiners position to meet local demand and secure export potential . in petrochemicals , we continue to see healthy demand and cost-advantaged supply driving projects forward in 2018 . the industrial market continues to grow as outdated infrastructure is replaced , policy changes come into effect and power is decentralized . we continue to see growing demand across these markets in 2018 . we have other segments in our portfolio that are more correlated with different industrial metrics such as our digital solutions business . overall , we believe our portfolio is uniquely positioned to compete across the value chain , and deliver unique solutions for our customers . we remain optimistic about the long-term economics of the industry , but are continuing to operate with flexibility given our expectations for volatility and changing assumptions in the near term . in 2016 , solar and wind net additions exceeded coal and gas for the first time and it continued throughout 2017 . governments may change or may not continue incentives for renewable energy additions . in the long term , renewables' cost decline may accelerate to compete with new-built fossil capacity , however , we do not anticipate any significant impacts to our business in the foreseeable future . despite the near-term volatility , the long-term outlook for our industry remains strong . we believe the world 2019s demand for energy will continue to rise , and the supply of energy will continue to increase in complexity , requiring greater service intensity and more advanced technology from oilfield service companies . as such , we remain focused on delivering innovative cost-efficient solutions that deliver step changes in operating and economic performance for our customers . business environment the following discussion and analysis summarizes the significant factors affecting our results of operations , financial condition and liquidity position as of and for the year ended december 31 , 2017 , 2016 and 2015 , and should be read in conjunction with the consolidated and combined financial statements and related notes of the company . amounts reported in millions in graphs within this report are computed based on the amounts in hundreds . as a result , the sum of the components reported in millions may not equal the total amount reported in millions due to rounding . we operate in more than 120 countries helping customers find , evaluate , drill , produce , transport and process hydrocarbon resources . our revenue is predominately generated from the sale of products and services to major , national , and independent oil and natural gas companies worldwide , and is dependent on spending by our customers for oil and natural gas exploration , field development and production . this spending is driven by a number of factors , including our customers' forecasts of future energy demand and supply , their access to resources to develop and produce oil and natural gas , their ability to fund their capital programs , the impact of new government regulations and most importantly , their expectations for oil and natural gas prices as a key driver of their cash flows . oil and natural gas prices oil and natural gas prices are summarized in the table below as averages of the daily closing prices during each of the periods indicated. . <table class='wikitable'><tr><td>1</td><td>-</td><td>2017</td><td>2016</td><td>2015</td></tr><tr><td>2</td><td>brent oil prices ( $ /bbl ) ( 1 )</td><td>$ 54.12</td><td>$ 43.64</td><td>$ 52.32</td></tr><tr><td>3</td><td>wti oil prices ( $ /bbl ) ( 2 )</td><td>50.80</td><td>43.29</td><td>48.66</td></tr><tr><td>4</td><td>natural gas prices ( $ /mmbtu ) ( 3 )</td><td>2.99</td><td>2.52</td><td>2.62</td></tr></table> brent oil prices ( $ /bbl ) ( 1 ) $ 54.12 $ 43.64 $ 52.32 wti oil prices ( $ /bbl ) ( 2 ) 50.80 43.29 48.66 natural gas prices ( $ /mmbtu ) ( 3 ) 2.99 2.52 2.62 ( 1 ) energy information administration ( eia ) europe brent spot price per barrel . Question: what was the value of brent oil prices in 2017? Answer: 54.12 Question: what was the value in 2016? Answer: 43.64 Question: what is the net change in value? Answer: 10.48 Question: what was the 2016 value? Answer: 43.64 Question: what is the percent change?

0.24015

Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.

equity compensation plan information the following table presents the equity securities available for issuance under our equity compensation plans as of december 31 , 2017 . equity compensation plan information plan category number of securities to be issued upon exercise of outstanding options , warrants and rights ( 1 ) weighted-average exercise price of outstanding options , warrants and rights number of securities remaining available for future issuance under equity compensation plans ( excluding securities reflected in column ( a ) ) ( a ) ( b ) ( c ) equity compensation plans approved by security holders 448859 $ 0.00 4087587 equity compensation plans not approved by security holders ( 2 ) 2014 2014 2014 . <table class='wikitable'><tr><td>1</td><td>plan category</td><td>number of securities to be issued upon exercise of outstanding options warrants and rights ( 1 ) ( a ) ( b )</td><td>weighted-average exercise price of outstanding optionswarrants and rights</td><td>number of securities remaining available for future issuance under equity compensation plans ( excluding securitiesreflected in column ( a ) ) ( c )</td></tr><tr><td>2</td><td>equity compensation plans approved by security holders</td><td>448859</td><td>$ 0.00</td><td>4087587</td></tr><tr><td>3</td><td>equity compensation plans not approved by security holders ( 2 )</td><td>2014</td><td>2014</td><td>2014</td></tr><tr><td>4</td><td>total</td><td>448859</td><td>$ 0.00</td><td>4087587</td></tr></table> ( 1 ) includes grants made under the huntington ingalls industries , inc . 2012 long-term incentive stock plan ( the "2012 plan" ) , which was approved by our stockholders on may 2 , 2012 , and the huntington ingalls industries , inc . 2011 long-term incentive stock plan ( the "2011 plan" ) , which was approved by the sole stockholder of hii prior to its spin-off from northrop grumman corporation . of these shares , 27123 were stock rights granted under the 2011 plan . in addition , this number includes 28763 stock rights , 3075 restricted stock rights , and 389898 restricted performance stock rights granted under the 2012 plan , assuming target performance achievement . ( 2 ) there are no awards made under plans not approved by security holders . item 13 . certain relationships and related transactions , and director independence information as to certain relationships and related transactions and director independence will be incorporated herein by reference to the proxy statement for our 2018 annual meeting of stockholders , to be filed within 120 days after the end of the company 2019s fiscal year . item 14 . principal accountant fees and services information as to principal accountant fees and services will be incorporated herein by reference to the proxy statement for our 2018 annual meeting of stockholders , to be filed within 120 days after the end of the company 2019s fiscal year. . Question: what is the number of securities to be issued upon exercise of outstanding options warrants and rights under equity compensation plans approved by security holders? Answer: 448859.0 Question: and what is the number of securities remaining available for future issuance under those equity compensation plans? Answer: 4087587.0 Question: what is, then, the combined total of securities between those two numbers? Answer: 4536446.0 Question: what is the number of securities remaining available for future issuance under equity compensation plans approved by security holders?

4087587.0

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 ) 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 is the risk-free rate in 2009? Answer: 2.5 Question: what about in 2008?

3.2

Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.

celanese purchases of its equity securities information regarding repurchases of our common stock during the three months ended december 31 , 2014 is as follows : period number of shares purchased ( 1 ) average price paid per share total number of shares purchased as part of publicly announced program approximate dollar value of shares remaining that may be purchased under the program ( 2 ) . <table class='wikitable'><tr><td>1</td><td>period</td><td>totalnumberof sharespurchased ( 1 )</td><td>averageprice paidper share</td><td>total numberof sharespurchased aspart of publiclyannounced program</td><td>approximatedollarvalue of sharesremaining thatmay bepurchased underthe program ( 2 )</td></tr><tr><td>2</td><td>october 1 - 31 2014</td><td>192580</td><td>$ 58.02</td><td>164800</td><td>$ 490000000</td></tr><tr><td>3</td><td>november 1 - 30 2014</td><td>468128</td><td>$ 59.25</td><td>468128</td><td>$ 463000000</td></tr><tr><td>4</td><td>december 1 - 31 2014</td><td>199796</td><td>$ 60.78</td><td>190259</td><td>$ 451000000</td></tr><tr><td>5</td><td>total</td><td>860504</td><td>-</td><td>823187</td><td>-</td></tr></table> ___________________________ ( 1 ) includes 27780 and 9537 for october and december 2014 , respectively , related to shares withheld from employees to cover their statutory minimum withholding requirements for personal income taxes related to the vesting of restricted stock units . ( 2 ) our board of directors has authorized the aggregate repurchase of $ 1.4 billion of our common stock since february 2008 . see note 17 - stockholders' equity in the accompanying consolidated financial statements for further information . performance graph the following performance graph and related information shall not be deemed "soliciting material" or to be "filed" with the securities and exchange commission , nor shall such information be incorporated by reference into any future filing under the securities act of 1933 or securities exchange act of 1934 , each as amended , except to the extent that we specifically incorporate it by reference into such filing . comparison of cumulative total return . Question: what was the total number of shares purchased in december of 2014?

199796.0

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 196 jpmorgan chase & co./2014 annual report credit and funding adjustments when determining the fair value of an instrument , it may be necessary to record adjustments to the firm 2019s estimates of fair value in order to reflect counterparty credit quality , the firm 2019s own creditworthiness , and the impact of funding : 2022 credit valuation adjustments ( 201ccva 201d ) are taken to reflect the credit quality of a counterparty in the valuation of derivatives . cva are necessary when the market price ( or parameter ) is not indicative of the credit quality of the counterparty . as few classes of derivative contracts are listed on an exchange , derivative positions are predominantly valued using models that use as their basis observable market parameters . an adjustment therefore may be necessary to reflect the credit quality of each derivative counterparty to arrive at fair value . the firm estimates derivatives cva using a scenario analysis to estimate the expected credit exposure across all of the firm 2019s positions with each counterparty , and then estimates losses as a result of a counterparty credit event . the key inputs to this methodology are ( i ) the expected positive exposure to each counterparty based on a simulation that assumes the current population of existing derivatives with each counterparty remains unchanged and considers contractual factors designed to mitigate the firm 2019s credit exposure , such as collateral and legal rights of offset ; ( ii ) the probability of a default event occurring for each counterparty , as derived from observed or estimated cds spreads ; and ( iii ) estimated recovery rates implied by cds , adjusted to consider the differences in recovery rates as a derivative creditor relative to those reflected in cds spreads , which generally reflect senior unsecured creditor risk . as such , the firm estimates derivatives cva relative to the relevant benchmark interest rate . 2022 dva is taken to reflect the credit quality of the firm in the valuation of liabilities measured at fair value . the dva calculation methodology is generally consistent with the cva methodology described above and incorporates jpmorgan chase 2019s credit spread as observed through the cds market to estimate the probability of default and loss given default as a result of a systemic event affecting the firm . structured notes dva is estimated using the current fair value of the structured note as the exposure amount , and is otherwise consistent with the derivative dva methodology . 2022 the firm incorporates the impact of funding in its valuation estimates where there is evidence that a market participant in the principal market would incorporate it in a transfer of the instrument . as a result , the fair value of collateralized derivatives is estimated by discounting expected future cash flows at the relevant overnight indexed swap ( 201cois 201d ) rate given the underlying collateral agreement with the counterparty . effective in 2013 , the firm implemented a fva framework to incorporate the impact of funding into its valuation estimates for uncollateralized ( including partially collateralized ) over- the-counter ( 201cotc 201d ) derivatives and structured notes . the firm 2019s fva framework leverages its existing cva and dva calculation methodologies , and considers the fact that the firm 2019s own credit risk is a significant component of funding costs . the key inputs are : ( i ) the expected funding requirements arising from the firm 2019s positions with each counterparty and collateral arrangements ; ( ii ) for assets , the estimated market funding cost in the principal market ; and ( iii ) for liabilities , the hypothetical market funding cost for a transfer to a market participant with a similar credit standing as the firm . upon the implementation of the fva framework in 2013 , the firm recorded a one time $ 1.5 billion loss in principal transactions revenue that was recorded in the cib . while the fva framework applies to both assets and liabilities , the loss on implementation largely related to uncollateralized derivative receivables given that the impact of the firm 2019s own credit risk , which is a significant component of funding costs , was already incorporated in the valuation of liabilities through the application of dva . the following table provides the credit and funding adjustments , excluding the effect of any associated hedging activities , reflected within the consolidated balance sheets as of the dates indicated. . <table class='wikitable'><tr><td>1</td><td>december 31 ( in millions )</td><td>2014</td><td>2013</td></tr><tr><td>2</td><td>derivative receivables balance ( a )</td><td>$ 78975</td><td>$ 65759</td></tr><tr><td>3</td><td>derivative payables balance ( a )</td><td>71116</td><td>57314</td></tr><tr><td>4</td><td>derivatives cva ( b )</td><td>-2674 ( 2674 )</td><td>-2352 ( 2352 )</td></tr><tr><td>5</td><td>derivatives dva and fva ( b ) ( c )</td><td>-380 ( 380 )</td><td>-322 ( 322 )</td></tr><tr><td>6</td><td>structured notes balance ( a ) ( d )</td><td>53772</td><td>48808</td></tr><tr><td>7</td><td>structured notes dva and fva ( b ) ( e )</td><td>1152</td><td>952</td></tr></table> derivative receivables balance ( a ) $ 78975 $ 65759 derivative payables balance ( a ) 71116 57314 derivatives cva ( b ) ( 2674 ) ( 2352 ) derivatives dva and fva ( b ) ( c ) ( 380 ) ( 322 ) structured notes balance ( a ) ( d ) 53772 48808 structured notes dva and fva ( b ) ( e ) 1152 952 ( a ) balances are presented net of applicable cva and dva/fva . ( b ) positive cva and dva/fva represent amounts that increased receivable balances or decreased payable balances ; negative cva and dva/fva represent amounts that decreased receivable balances or increased payable balances . ( c ) at december 31 , 2014 and 2013 , included derivatives dva of $ 714 million and $ 715 million , respectively . ( d ) structured notes are predominantly financial instruments containing embedded derivatives that are measured at fair value based on the firm 2019s election under the fair value option . at december 31 , 2014 and 2013 , included $ 943 million and $ 1.1 billion , respectively , of financial instruments with no embedded derivative for which the fair value option has also been elected . for further information on these elections , see note 4 . ( e ) at december 31 , 2014 and 2013 , included structured notes dva of $ 1.4 billion and $ 1.4 billion , respectively. . Question: what was the total of structured notes dva and fva in 2014, in billions? Answer: 1.152 Question: and what was the total of structured notes dva in that year, also in billions?

1.4

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.

assumed health care cost trend rates for the u.s . retiree health care benefit plan as of december 31 are as follows: . <table class='wikitable'><tr><td>1</td><td>-</td><td>2017</td><td>2016</td></tr><tr><td>2</td><td>assumed health care cost trend rate for next year</td><td>7.50% ( 7.50 % )</td><td>6.75% ( 6.75 % )</td></tr><tr><td>3</td><td>ultimate trend rate</td><td>5.00% ( 5.00 % )</td><td>5.00% ( 5.00 % )</td></tr><tr><td>4</td><td>year in which ultimate trend rate is reached</td><td>2028</td><td>2024</td></tr></table> a one percentage point increase or decrease in health care cost trend rates over all future periods would have increased or decreased the accumulated postretirement benefit obligation for the u.s . retiree health care benefit plan as of december 31 , 2017 , by $ 1 million . the service cost and interest cost components of 2017 plan expense would have increased or decreased by less than $ 1 million . deferred compensation arrangements we have a deferred compensation plan that allows u.s . employees whose base salary and management responsibility exceed a certain level to defer receipt of a portion of their cash compensation . payments under this plan are made based on the participant 2019s distribution election and plan balance . participants can earn a return on their deferred compensation based on notional investments in the same investment funds that are offered in our defined contribution plans . as of december 31 , 2017 , our liability to participants of the deferred compensation plans was $ 255 million and is recorded in other long-term liabilities on our consolidated balance sheets . this amount reflects the accumulated participant deferrals and earnings thereon as of that date . as of december 31 , 2017 , we held $ 236 million in mutual funds related to these plans that are recorded in long-term investments on our consolidated balance sheets , and serve as an economic hedge against changes in fair values of our other deferred compensation liabilities . we record changes in the fair value of the liability and the related investment in sg&a as discussed in note 8 . 11 . debt and lines of credit short-term borrowings we maintain a line of credit to support commercial paper borrowings , if any , and to provide additional liquidity through bank loans . as of december 31 , 2017 , we had a variable-rate revolving credit facility from a consortium of investment-grade banks that allows us to borrow up to $ 2 billion until march 2022 . the interest rate on borrowings under this credit facility , if drawn , is indexed to the applicable london interbank offered rate ( libor ) . as of december 31 , 2017 , our credit facility was undrawn and we had no commercial paper outstanding . long-term debt we retired $ 250 million of maturing debt in march 2017 and another $ 375 million in june 2017 . in may 2017 , we issued an aggregate principal amount of $ 600 million of fixed-rate , long-term debt . the offering consisted of the reissuance of $ 300 million of 2.75% ( 2.75 % ) notes due in 2021 at a premium and the issuance of $ 300 million of 2.625% ( 2.625 % ) notes due in 2024 at a discount . we incurred $ 3 million of issuance and other related costs . the proceeds of the offerings were $ 605 million , net of the original issuance discount and premium , and were used for the repayment of maturing debt and general corporate purposes . in november 2017 , we issued a principal amount of $ 500 million of fixed-rate , long-term debt due in 2027 . we incurred $ 3 million of issuance and other related costs . the proceeds of the offering were $ 494 million , net of the original issuance discount , and were used for general corporate purposes . in may 2016 , we issued a principal amount of $ 500 million of fixed-rate , long-term debt due in 2022 . we incurred $ 3 million of issuance and other related costs . the proceeds of the offering were $ 499 million , net of the original issuance discount , and were used toward the repayment of a portion of $ 1.0 billion of maturing debt retired in may 2016 . in may 2015 , we issued a principal amount of $ 500 million of fixed-rate , long-term debt due in 2020 . we incurred $ 3 million of issuance and other related costs . the proceeds of the offering were $ 498 million , net of the original issuance discount , and were used toward the repayment of a portion of the debt that matured in august 2015 . we retired $ 250 million of maturing debt in april 2015 and another $ 750 million in august 2015 . texas instruments 2022 2017 form 10-k 51 . Question: what amount of long-term debt was retired during 2017? Answer: 625.0 Question: what is the net change in assumed health care cost trend rate from 2016 to 2017?

0.75

Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.

the goldman sachs group , inc . and subsidiaries notes to consolidated financial statements in the tables above : 2030 the gross fair values exclude the effects of both counterparty netting and collateral netting , and therefore are not representative of the firm 2019s exposure . 2030 counterparty netting is reflected in each level to the extent that receivable and payable balances are netted within the same level and is included in counterparty netting in levels . where the counterparty netting is across levels , the netting is included in cross-level counterparty netting . 2030 derivative assets are shown as positive amounts and derivative liabilities are shown as negative amounts . significant unobservable inputs the table below presents the amount of level 3 assets ( liabilities ) , and ranges , averages and medians of significant unobservable inputs used to value the firm 2019s level 3 derivatives . level 3 assets ( liabilities ) and range of significant unobservable inputs ( average/median ) as of december $ in millions 2017 2016 . <table class='wikitable'><tr><td>1</td><td>$ in millions</td><td>level 3 assets ( liabilities ) and range of significant unobservable inputs ( average/median ) as of december 2017</td><td>level 3 assets ( liabilities ) and range of significant unobservable inputs ( average/median ) as of december 2016</td></tr><tr><td>2</td><td>interest rates net</td><td>$ -410 ( 410 )</td><td>$ -381 ( 381 )</td></tr><tr><td>3</td><td>correlation</td><td>( 10 ) % ( % ) to 95% ( 95 % ) ( 71%/79% ( 71%/79 % ) )</td><td>( 10 ) % ( % ) to 86% ( 86 % ) ( 56%/60% ( 56%/60 % ) )</td></tr><tr><td>4</td><td>volatility ( bps )</td><td>31 to 150 ( 84/78 )</td><td>31 to 151 ( 84/57 )</td></tr><tr><td>5</td><td>credit net</td><td>$ 1505</td><td>$ 2504</td></tr><tr><td>6</td><td>correlation</td><td>28% ( 28 % ) to 84% ( 84 % ) ( 61%/60% ( 61%/60 % ) )</td><td>35% ( 35 % ) to 91% ( 91 % ) ( 65%/68% ( 65%/68 % ) )</td></tr><tr><td>7</td><td>credit spreads ( bps )</td><td>1 to 633 ( 69/42 )</td><td>1 to 993 ( 122/73 )</td></tr><tr><td>8</td><td>upfront credit points</td><td>0 to 97 ( 42/38 )</td><td>0 to 100 ( 43/35 )</td></tr><tr><td>9</td><td>recovery rates</td><td>22% ( 22 % ) to 73% ( 73 % ) ( 68%/73% ( 68%/73 % ) )</td><td>1% ( 1 % ) to 97% ( 97 % ) ( 58%/70% ( 58%/70 % ) )</td></tr><tr><td>10</td><td>currencies net</td><td>$ -181 ( 181 )</td><td>$ 3</td></tr><tr><td>11</td><td>correlation</td><td>49% ( 49 % ) to 72% ( 72 % ) ( 61%/62% ( 61%/62 % ) )</td><td>25% ( 25 % ) to 70% ( 70 % ) ( 50%/55% ( 50%/55 % ) )</td></tr><tr><td>12</td><td>commodities net</td><td>$ 47</td><td>$ 73</td></tr><tr><td>13</td><td>volatility</td><td>9% ( 9 % ) to 79% ( 79 % ) ( 24%/24% ( 24%/24 % ) )</td><td>13% ( 13 % ) to 68% ( 68 % ) ( 33%/33% ( 33%/33 % ) )</td></tr><tr><td>14</td><td>natural gas spread</td><td>$ ( 2.38 ) to $ 3.34 ( $ ( 0.22 ) /$ ( 0.12 ) )</td><td>$ ( 1.81 ) to $ 4.33 ( $ ( 0.14 ) /$ ( 0.05 ) )</td></tr><tr><td>15</td><td>oil spread</td><td>$ ( 2.86 ) to $ 23.61 ( $ 6.47/$ 2.35 )</td><td>$ ( 19.72 ) to $ 64.92 ( $ 25.30/$ 16.43 )</td></tr><tr><td>16</td><td>equities net</td><td>$ -1249 ( 1249 )</td><td>$ -3416 ( 3416 )</td></tr><tr><td>17</td><td>correlation</td><td>( 36 ) % ( % ) to 94% ( 94 % ) ( 50%/52% ( 50%/52 % ) )</td><td>( 39 ) % ( % ) to 88% ( 88 % ) ( 41%/41% ( 41%/41 % ) )</td></tr><tr><td>18</td><td>volatility</td><td>4% ( 4 % ) to 72% ( 72 % ) ( 24%/22% ( 24%/22 % ) )</td><td>5% ( 5 % ) to 72% ( 72 % ) ( 24%/23% ( 24%/23 % ) )</td></tr></table> in the table above : 2030 derivative assets are shown as positive amounts and derivative liabilities are shown as negative amounts . 2030 ranges represent the significant unobservable inputs that were used in the valuation of each type of derivative . 2030 averages represent the arithmetic average of the inputs and are not weighted by the relative fair value or notional of the respective financial instruments . an average greater than the median indicates that the majority of inputs are below the average . for example , the difference between the average and the median for credit spreads and oil spread inputs indicates that the majority of the inputs fall in the lower end of the range . 2030 the ranges , averages and medians of these inputs are not representative of the appropriate inputs to use when calculating the fair value of any one derivative . for example , the highest correlation for interest rate derivatives is appropriate for valuing a specific interest rate derivative but may not be appropriate for valuing any other interest rate derivative . accordingly , the ranges of inputs do not represent uncertainty in , or possible ranges of , fair value measurements of the firm 2019s level 3 derivatives . 2030 interest rates , currencies and equities derivatives are valued using option pricing models , credit derivatives are valued using option pricing , correlation and discounted cash flow models , and commodities derivatives are valued using option pricing and discounted cash flow models . 2030 the fair value of any one instrument may be determined using multiple valuation techniques . for example , option pricing models and discounted cash flows models are typically used together to determine fair value . therefore , the level 3 balance encompasses both of these techniques . 2030 correlation within currencies and equities includes cross- product type correlation . 2030 natural gas spread represents the spread per million british thermal units of natural gas . 2030 oil spread represents the spread per barrel of oil and refined products . range of significant unobservable inputs the following is information about the ranges of significant unobservable inputs used to value the firm 2019s level 3 derivative instruments : 2030 correlation . ranges for correlation cover a variety of underliers both within one product type ( e.g. , equity index and equity single stock names ) and across product types ( e.g. , correlation of an interest rate and a currency ) , as well as across regions . generally , cross-product type correlation inputs are used to value more complex instruments and are lower than correlation inputs on assets within the same derivative product type . 2030 volatility . ranges for volatility cover numerous underliers across a variety of markets , maturities and strike prices . for example , volatility of equity indices is generally lower than volatility of single stocks . 2030 credit spreads , upfront credit points and recovery rates . the ranges for credit spreads , upfront credit points and recovery rates cover a variety of underliers ( index and single names ) , regions , sectors , maturities and credit qualities ( high-yield and investment-grade ) . the broad range of this population gives rise to the width of the ranges of significant unobservable inputs . 130 goldman sachs 2017 form 10-k . Question: between 2016 and 2017, what was the variation in the credit net? Answer: -999.0 Question: and what was that credit net in 2016? Answer: 2504.0 Question: what was, then, that variation as a percent of this 2016 amount? Answer: -0.39896 Question: and in that same period, what was that variation for the net comodities? Answer: -26.0 Question: and what percentage did this variation represent in relation to the 2016 commodities?

-0.35616

Read the following texts and table with financial data from an S&P 500 earnings report 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 5 . market for the registrant 2019s common equity , related stockholder matters and issuer purchases of equity securities the following graph compares annual total return of our common stock , the standard & poor 2019s 500 composite stock index ( 201cs&p 500 index 201d ) and our peer group ( 201cloews peer group 201d ) for the five years ended december 31 , 2016 . the graph assumes that the value of the investment in our common stock , the s&p 500 index and the loews peer group was $ 100 on december 31 , 2011 and that all dividends were reinvested. . <table class='wikitable'><tr><td>1</td><td>-</td><td>2011</td><td>2012</td><td>2013</td><td>2014</td><td>2015</td><td>2016</td></tr><tr><td>2</td><td>loews common stock</td><td>100.0</td><td>108.91</td><td>129.64</td><td>113.59</td><td>104.47</td><td>128.19</td></tr><tr><td>3</td><td>s&p 500 index</td><td>100.0</td><td>116.00</td><td>153.57</td><td>174.60</td><td>177.01</td><td>198.18</td></tr><tr><td>4</td><td>loews peer group ( a )</td><td>100.0</td><td>113.39</td><td>142.85</td><td>150.44</td><td>142.44</td><td>165.34</td></tr></table> ( a ) the loews peer group consists of the following companies that are industry competitors of our principal operating subsidiaries : chubb limited ( name change from ace limited after it acquired the chubb corporation on january 15 , 2016 ) , w.r . berkley corporation , the chubb corporation ( included through january 15 , 2016 when it was acquired by ace limited ) , energy transfer partners l.p. , ensco plc , the hartford financial services group , inc. , kinder morgan energy partners , l.p . ( included through november 26 , 2014 when it was acquired by kinder morgan inc. ) , noble corporation , spectra energy corp , transocean ltd . and the travelers companies , inc . dividend information we have paid quarterly cash dividends in each year since 1967 . regular dividends of $ 0.0625 per share of loews common stock were paid in each calendar quarter of 2016 and 2015. . Question: what was the change in the value of the s&p index from 2011 to 2016?

98.18

Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.

2006 plan prior to december 5 , 2008 became fully vested and nonforfeitable upon the closing of the acquisition . awards may be granted under the 2006 plan , as amended and restated , after december 5 , 2008 only to employees and consultants of allied waste industries , inc . and its subsidiaries who were not employed by republic services , inc . prior to such date . at december 31 , 2010 , there were approximately 15.3 million shares of common stock reserved for future grants under the 2006 plan . stock options we use a binomial option-pricing model to value our stock option grants . we recognize compensation expense on a straight-line basis over the requisite service period for each separately vesting portion of the award , or to the employee 2019s retirement eligible date , if earlier . expected volatility is based on the weighted average of the most recent one-year volatility and a historical rolling average volatility of our stock over the expected life of the option . the risk-free interest rate is based on federal reserve rates in effect for bonds with maturity dates equal to the expected term of the option . we use historical data to estimate future option exercises , forfeitures and expected life of the options . when appropriate , separate groups of employees that have similar historical exercise behavior are considered separately for valuation purposes . the weighted-average estimated fair values of stock options granted during the years ended december 31 , 2010 , 2009 and 2008 were $ 5.28 , $ 3.79 and $ 4.36 per option , respectively , which were calculated using the following weighted-average assumptions: . <table class='wikitable'><tr><td>1</td><td>-</td><td>2010</td><td>2009</td><td>2008</td></tr><tr><td>2</td><td>expected volatility</td><td>28.6% ( 28.6 % )</td><td>28.7% ( 28.7 % )</td><td>27.3% ( 27.3 % )</td></tr><tr><td>3</td><td>risk-free interest rate</td><td>2.4% ( 2.4 % )</td><td>1.4% ( 1.4 % )</td><td>1.7% ( 1.7 % )</td></tr><tr><td>4</td><td>dividend yield</td><td>2.9% ( 2.9 % )</td><td>3.1% ( 3.1 % )</td><td>2.9% ( 2.9 % )</td></tr><tr><td>5</td><td>expected life ( in years )</td><td>4.3</td><td>4.2</td><td>4.2</td></tr><tr><td>6</td><td>contractual life ( in years )</td><td>7</td><td>7</td><td>7</td></tr><tr><td>7</td><td>expected forfeiture rate</td><td>3.0% ( 3.0 % )</td><td>3.0% ( 3.0 % )</td><td>3.0% ( 3.0 % )</td></tr></table> republic services , inc . notes to consolidated financial statements , continued . Question: what is the expected volatility in 2009? Answer: 28.7 Question: what about in 2008? Answer: 27.3 Question: net change from 2008 to 2009? Answer: 1.4 Question: what percentage change does this represent?

0.05128

Read the following texts and table with financial data from an S&P 500 earnings report 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 the table below presents the operating results of our institutional client services segment. . <table class='wikitable'><tr><td>1</td><td>in millions</td><td>year ended december 2012</td><td>year ended december 2011</td><td>year ended december 2010</td></tr><tr><td>2</td><td>fixed income currency and commodities client execution</td><td>$ 9914</td><td>$ 9018</td><td>$ 13707</td></tr><tr><td>3</td><td>equities client execution1</td><td>3171</td><td>3031</td><td>3231</td></tr><tr><td>4</td><td>commissions and fees</td><td>3053</td><td>3633</td><td>3426</td></tr><tr><td>5</td><td>securities services</td><td>1986</td><td>1598</td><td>1432</td></tr><tr><td>6</td><td>total equities</td><td>8210</td><td>8262</td><td>8089</td></tr><tr><td>7</td><td>total net revenues</td><td>18124</td><td>17280</td><td>21796</td></tr><tr><td>8</td><td>operating expenses</td><td>12480</td><td>12837</td><td>14994</td></tr><tr><td>9</td><td>pre-tax earnings</td><td>$ 5644</td><td>$ 4443</td><td>$ 6802</td></tr></table> 1 . includes net revenues related to reinsurance of $ 1.08 billion , $ 880 million and $ 827 million for the years ended december 2012 , december 2011 and december 2010 , respectively . 2012 versus 2011 . net revenues in institutional client services were $ 18.12 billion for 2012 , 5% ( 5 % ) higher than 2011 . net revenues in fixed income , currency and commodities client execution were $ 9.91 billion for 2012 , 10% ( 10 % ) higher than 2011 . these results reflected strong net revenues in mortgages , which were significantly higher compared with 2011 . in addition , net revenues in credit products and interest rate products were solid and higher compared with 2011 . these increases were partially offset by significantly lower net revenues in commodities and slightly lower net revenues in currencies . although broad market concerns persisted during 2012 , fixed income , currency and commodities client execution operated in a generally improved environment characterized by tighter credit spreads and less challenging market-making conditions compared with 2011 . net revenues in equities were $ 8.21 billion for 2012 , essentially unchanged compared with 2011 . net revenues in securities services were significantly higher compared with 2011 , reflecting a gain of approximately $ 500 million on the sale of our hedge fund administration business . in addition , equities client execution net revenues were higher than 2011 , primarily reflecting significantly higher results in cash products , principally due to increased levels of client activity . these increases were offset by lower commissions and fees , reflecting lower market volumes . during 2012 , equities operated in an environment generally characterized by an increase in global equity prices and lower volatility levels . the net loss attributable to the impact of changes in our own credit spreads on borrowings for which the fair value option was elected was $ 714 million ( $ 433 million and $ 281 million related to fixed income , currency and commodities client execution and equities client execution , respectively ) for 2012 , compared with a net gain of $ 596 million ( $ 399 million and $ 197 million related to fixed income , currency and commodities client execution and equities client execution , respectively ) for 2011 . during 2012 , institutional client services operated in an environment generally characterized by continued broad market concerns and uncertainties , although positive developments helped to improve market conditions . these developments included certain central bank actions to ease monetary policy and address funding risks for european financial institutions . in addition , the u.s . economy posted stable to improving economic data , including favorable developments in unemployment and housing . these improvements resulted in tighter credit spreads , higher global equity prices and lower levels of volatility . however , concerns about the outlook for the global economy and continued political uncertainty , particularly the political debate in the united states surrounding the fiscal cliff , generally resulted in client risk aversion and lower activity levels . also , uncertainty over financial regulatory reform persisted . if these concerns and uncertainties continue over the long term , net revenues in fixed income , currency and commodities client execution and equities would likely be negatively impacted . operating expenses were $ 12.48 billion for 2012 , 3% ( 3 % ) lower than 2011 , primarily due to lower brokerage , clearing , exchange and distribution fees , and lower impairment charges , partially offset by higher net provisions for litigation and regulatory proceedings . pre-tax earnings were $ 5.64 billion in 2012 , 27% ( 27 % ) higher than 2011 . 2011 versus 2010 . net revenues in institutional client services were $ 17.28 billion for 2011 , 21% ( 21 % ) lower than 2010 . net revenues in fixed income , currency and commodities client execution were $ 9.02 billion for 2011 , 34% ( 34 % ) lower than 2010 . although activity levels during 2011 were generally consistent with 2010 levels , and results were solid during the first quarter of 2011 , the environment during the remainder of 2011 was characterized by broad market concerns and uncertainty , resulting in volatile markets and significantly wider credit spreads , which contributed to difficult market-making conditions and led to reductions in risk by us and our clients . as a result of these conditions , net revenues across the franchise were lower , including significant declines in mortgages and credit products , compared with 2010 . 54 goldman sachs 2012 annual report . Question: what was the total of net revenues related to reinsurance in 2012, in billions of dollars?

1.08

Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.

note 21 . expenses during the fourth quarter of 2008 , we elected to provide support to certain investment accounts managed by ssga through the purchase of asset- and mortgage-backed securities and a cash infusion , which resulted in a charge of $ 450 million . ssga manages certain investment accounts , offered to retirement plans , that allow participants to purchase and redeem units at a constant net asset value regardless of volatility in the underlying value of the assets held by the account . the accounts enter into contractual arrangements with independent third-party financial institutions that agree to make up any shortfall in the account if all the units are redeemed at the constant net asset value . the financial institutions have the right , under certain circumstances , to terminate this guarantee with respect to future investments in the account . during 2008 , the liquidity and pricing issues in the fixed-income markets adversely affected the market value of the securities in these accounts to the point that the third-party guarantors considered terminating their financial guarantees with the accounts . although we were not statutorily or contractually obligated to do so , we elected to purchase approximately $ 2.49 billion of asset- and mortgage-backed securities from these accounts that had been identified as presenting increased risk in the current market environment and to contribute an aggregate of $ 450 million to the accounts to improve the ratio of the market value of the accounts 2019 portfolio holdings to the book value of the accounts . we have no ongoing commitment or intent to provide support to these accounts . the securities are carried in investment securities available for sale in our consolidated statement of condition . the components of other expenses were as follows for the years ended december 31: . <table class='wikitable'><tr><td>1</td><td>( in millions )</td><td>2008</td><td>2007</td><td>2006</td></tr><tr><td>2</td><td>customer indemnification obligation</td><td>$ 200</td><td>-</td><td>-</td></tr><tr><td>3</td><td>securities processing</td><td>187</td><td>$ 79</td><td>$ 37</td></tr><tr><td>4</td><td>other</td><td>505</td><td>399</td><td>281</td></tr><tr><td>5</td><td>total other expenses</td><td>$ 892</td><td>$ 478</td><td>$ 318</td></tr></table> in september and october 2008 , lehman brothers holdings inc. , or lehman brothers , and certain of its affiliates filed for bankruptcy or other insolvency proceedings . while we had no unsecured financial exposure to lehman brothers or its affiliates , we indemnified certain customers in connection with these and other collateralized repurchase agreements with lehman brothers entities . in the then current market environment , the market value of the underlying collateral had declined . during the third quarter of 2008 , to the extent these declines resulted in collateral value falling below the indemnification obligation , we recorded a reserve to provide for our estimated net exposure . the reserve , which totaled $ 200 million , was based on the cost of satisfying the indemnification obligation net of the fair value of the collateral , which we purchased during the fourth quarter of 2008 . the collateral , composed of commercial real estate loans which are discussed in note 5 , is recorded in loans and leases in our consolidated statement of condition. . Question: what is the customer indemnification obligation in 2008? Answer: 200.0 Question: what about the total other expenses? Answer: 892.0 Question: what portion of the total is related to customer indemnification obligation?

0.22422

Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.

capital resources and liquidity capital resources overview capital is generally generated via earnings from operating businesses . this is augmented through issuance of common stock , convertible preferred stock , preferred stock , subordinated debt , and equity issued through awards under employee benefit plans . capital is used primarily to support assets in the company 2019s businesses and to absorb unexpected market , credit or operational losses . the company 2019s uses of capital , particularly to pay dividends and repurchase common stock , became severely restricted during the latter half of 2008 . see 201cthe company , 201d 201cmanagement 2019s discussion and analysis 2013 events in 2008 , 201d 201ctarp and other regulatory programs , 201d 201crisk factors 201d and 201ccommon equity 201d on pages 2 , 9 , 44 , 47 and 95 , respectively . citigroup 2019s capital management framework is designed to ensure that citigroup and its principal subsidiaries maintain sufficient capital consistent with the company 2019s risk profile , all applicable regulatory standards and guidelines , and external rating agency considerations . the capital management process is centrally overseen by senior management and is reviewed at the consolidated , legal entity , and country level . senior management oversees the capital management process of citigroup and its principal subsidiaries mainly through citigroup 2019s finance and asset and liability committee ( finalco ) . the committee is composed of the senior-most management of citigroup for the purpose of engaging management in decision-making and related discussions on capital and liquidity items . among other things , the committee 2019s responsibilities include : determining the financial structure of citigroup and its principal subsidiaries ; ensuring that citigroup and its regulated entities are adequately capitalized ; determining appropriate asset levels and return hurdles for citigroup and individual businesses ; reviewing the funding and capital markets plan for citigroup ; and monitoring interest-rate risk , corporate and bank liquidity , the impact of currency translation on non-u.s . earnings and capital . the finalco has established capital targets for citigroup and for significant subsidiaries . at december 31 , 2008 , these targets exceeded the regulatory standards . common and preferred stock issuances as discussed under 201cevents in 2008 201d on page 9 , during 2008 , the company issued $ 45 billion in preferred stock and warrants under tarp , $ 12.5 billion of convertible preferred stock in a private offering , $ 11.7 billion of non-convertible preferred stock in public offerings , $ 3.2 billion of convertible preferred stock in public offerings , and $ 4.9 billion of common stock in public offerings . on january 23 , 2009 , pursuant to our prior agreement with the purchasers of the $ 12.5 billion convertible preferred stock issued in the private offering , the conversion price was reset from $ 31.62 per share to $ 26.35 per share . the reset will result in citigroup 2019s issuing approximately 79 million additional common shares if converted . there will be no impact to net income , total stockholders 2019 equity or capital ratios due to the reset . however , the reset will result in a reclassification from retained earnings to additional paid-in capital of $ 1.2 billion to reflect the benefit of the reset to the preferred stockholders . capital ratios citigroup is subject to risk-based capital ratio guidelines issued by the federal reserve board ( frb ) . capital adequacy is measured via two risk- based ratios , tier 1 and total capital ( tier 1 + tier 2 capital ) . tier 1 capital is considered core capital while total capital also includes other items such as subordinated debt and loan loss reserves . both measures of capital are stated as a percentage of risk-weighted assets . risk-weighted assets are measured primarily on their perceived credit risk and include certain off-balance-sheet exposures , such as unfunded loan commitments and letters of credit , and the notional amounts of derivative and foreign- exchange contracts . citigroup is also subject to the leverage ratio requirement , a non-risk-based asset ratio , which is defined as tier 1 capital as a percentage of adjusted average assets . to be 201cwell capitalized 201d under federal bank regulatory agency definitions , a bank holding company must have a tier 1 capital ratio of at least 6% ( 6 % ) , a total capital ratio of at least 10% ( 10 % ) , and a leverage ratio of at least 3% ( 3 % ) , and not be subject to an frb directive to maintain higher capital levels . as noted in the following table , citigroup maintained a 201cwell capitalized 201d position during both 2008 and 2007 . citigroup regulatory capital ratios at year end 2008 2007 . <table class='wikitable'><tr><td>1</td><td>at year end</td><td>2008</td><td>2007</td></tr><tr><td>2</td><td>tier 1 capital</td><td>11.92% ( 11.92 % )</td><td>7.12% ( 7.12 % )</td></tr><tr><td>3</td><td>total capital ( tier 1 and tier 2 )</td><td>15.70</td><td>10.70</td></tr><tr><td>4</td><td>leverage ( 1 )</td><td>6.08</td><td>4.03</td></tr></table> leverage ( 1 ) 6.08 4.03 ( 1 ) tier 1 capital divided by adjusted average assets . events occurring during 2008 , including the transactions with the u.s . government , affected citigroup 2019s capital ratios , and any additional u.s . government financial involvement with the company could further impact the company 2019s capital ratios . in addition , future operations will affect capital levels , and changes that the fasb has proposed regarding off-balance-sheet assets , consolidation and sale treatment could also have an impact on capital ratios . see also note 23 to the consolidated financial statements on page 175 , including 201cfunding liquidity facilities and subordinate interests . 201d . Question: what was the conversion price before the reset of convertible preferred stock issued in the private offering? Answer: 31.62 Question: and what became the conversion price with that reset?

26.35

Read the following texts and table with financial data from an S&P 500 earnings report 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 ) ( 7 ) commitments and contingencies the company applies the disclosure provisions of fin no . 45 , guarantor 2019s accounting and disclosure requirements for guarantees , including guarantees of indebtedness of others , and interpretation of fasb statements no . 5 , 57 and 107 and rescission of fasb interpretation no . 34 ( fin no . 45 ) to its agreements that contain guarantee or indemnification clauses . these disclosure provisions expand those required by sfas no . 5 accounting for contingencies , by requiring that guarantors disclose certain types of guarantees , even if the likelihood of requiring the guarantor 2019s performance is remote . the following is a description of arrangements in which the company is a guarantor . product warranties 2014the company routinely accrues for estimated future warranty costs on its product sales at the time of sale . the ab5000 and bvs products are subject to rigorous regulation and quality standards . operating results could be adversely effected if the actual cost of product failures exceeds the estimated warranty provision . patent indemnifications 2014in many sales transactions , the company indemnifies customers against possible claims of patent infringement caused by the company 2019s products . the indemnifications contained within sales contracts usually do not include limits on the claims . the company has never incurred any material costs to defend lawsuits or settle patent infringement claims related to sales transactions . under the provisions of fin no . 45 , intellectual property indemnifications require disclosure only . as of march 31 , 2006 , the company had entered into leases for its facilities , including its primary operating facility in danvers , massachusetts , with terms through fiscal 2010 . the danvers lease may be extended , at the company 2019s option , for two successive additional periods of five years each with monthly rent charges to be determined based on then current fair rental values . the company 2019s lease for its aachen location expires in august 2008 unless an option to extend for an additional four years is exercised by the company . in december 2005 we closed our office facility in the netherlands , recording a charge of approximately $ 58000 for the remaining lease term . total rent expense under these leases , included in the accompanying consolidated statements of operations approximated $ 821000 , $ 824000 and $ 1262000 for the fiscal years ended march 31 , 2004 , 2005 and 2006 , respectively . future minimum lease payments under all significant non-cancelable operating leases as of march 31 , 2006 are approximately as follows ( in thousands ) : fiscal year ending march 31 , operating leases . <table class='wikitable'><tr><td>1</td><td>fiscal year ending march 31,</td><td>operating leases</td></tr><tr><td>2</td><td>2007</td><td>1703</td></tr><tr><td>3</td><td>2008</td><td>1371</td></tr><tr><td>4</td><td>2009</td><td>1035</td></tr><tr><td>5</td><td>2010</td><td>710</td></tr><tr><td>6</td><td>total future minimum lease payments</td><td>$ 4819</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 , is not expected to have a material adverse effect on the company 2019s financial position , cash flow and results . on may 15 , 2006 richard a . nazarian , as selling stockholder representative , filed a demand for arbitration ( subsequently amended ) with the boston office of the american arbitration association . Question: what was the total of operating leases in 2007? Answer: 1703.0 Question: and what was it in 2008? Answer: 1371.0 Question: what was, then, the decline over the year? Answer: 332.0 Question: and what is this decline as a portion of the 2007 total? Answer: 0.19495 Question: and in the year before, what was the lease expense?

1262000.0

Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.

in addition , the company has reclassified the following amounts from 201cdistributions from other invested assets 201d included in cash flows from investing activities to 201cdistribution of limited partnership income 201d included in cash flows from operations for interim reporting periods of 2013 : $ 33686 thousand for the three months ended march 31 , 2013 ; $ 9409 thousand and $ 43095 thousand for the three months and six months ended june 30 , 2013 , respectively ; and $ 5638 thousand and $ 48733 thousand for the three months and nine months ended september 30 , 2013 , respectively . b . investments . fixed maturity and equity security investments available for sale , at market value , reflect unrealized appreciation and depreciation , as a result of temporary changes in market value during the period , in shareholders 2019 equity , net of income taxes in 201caccumulated other comprehensive income ( loss ) 201d in the consolidated balance sheets . fixed maturity and equity securities carried at fair value reflect fair value re- measurements as net realized capital gains and losses in the consolidated statements of operations and comprehensive income ( loss ) . the company records changes in fair value for its fixed maturities available for sale , at market value through shareholders 2019 equity , net of taxes in accumulated other comprehensive income ( loss ) since cash flows from these investments will be primarily used to settle its reserve for losses and loss adjustment expense liabilities . the company anticipates holding these investments for an extended period as the cash flow from interest and maturities will fund the projected payout of these liabilities . fixed maturities carried at fair value represent a portfolio of convertible bond securities , which have characteristics similar to equity securities and at times , designated foreign denominated fixed maturity securities , which will be used to settle loss and loss adjustment reserves in the same currency . the company carries all of its equity securities at fair value except for mutual fund investments whose underlying investments are comprised of fixed maturity securities . for equity securities , available for sale , at fair value , the company reflects changes in value as net realized capital gains and losses since these securities may be sold in the near term depending on financial market conditions . interest income on all fixed maturities and dividend income on all equity securities are included as part of net investment income in the consolidated statements of operations and comprehensive income ( loss ) . unrealized losses on fixed maturities , which are deemed other-than-temporary and related to the credit quality of a security , are charged to net income ( loss ) as net realized capital losses . short-term investments are stated at cost , which approximates market value . realized gains or losses on sales of investments are determined on the basis of identified cost . for non- publicly traded securities , market prices are determined through the use of pricing models that evaluate securities relative to the u.s . treasury yield curve , taking into account the issue type , credit quality , and cash flow characteristics of each security . for publicly traded securities , market value is based on quoted market prices or valuation models that use observable market inputs . when a sector of the financial markets is inactive or illiquid , the company may use its own assumptions about future cash flows and risk-adjusted discount rates to determine fair value . retrospective adjustments are employed to recalculate the values of asset-backed securities . each acquisition lot is reviewed to recalculate the effective yield . the recalculated effective yield is used to derive a book value as if the new yield were applied at the time of acquisition . outstanding principal factors from the time of acquisition to the adjustment date are used to calculate the prepayment history for all applicable securities . conditional prepayment rates , computed with life to date factor histories and weighted average maturities , are used to effect the calculation of projected and prepayments for pass-through security types . other invested assets include limited partnerships , rabbi trusts and an affiliated entity . limited partnerships and the affiliated entity are accounted for under the equity method of accounting , which can be recorded on a monthly or quarterly lag . c . uncollectible receivable balances . the company provides reserves for uncollectible reinsurance recoverable and premium receivable balances based on management 2019s assessment of the collectability of the outstanding balances . such reserves are presented in the table below for the periods indicated. . <table class='wikitable'><tr><td>1</td><td>( dollars in thousands )</td><td>years ended december 31 , 2013</td><td>years ended december 31 , 2012</td></tr><tr><td>2</td><td>reinsurance receivables and premium receivables</td><td>$ 29905</td><td>$ 32011</td></tr></table> . Question: what is the reinsurance receivables and premium receivables of year ended december 31 2013?

29905.0

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 analysis of our depreciation studies . changes in the estimated service lives of our assets and their related depreciation rates are implemented prospectively . under group depreciation , the historical cost ( net of salvage ) of depreciable property that is retired or replaced in the ordinary course of business is charged to accumulated depreciation and no gain or loss is recognized . the historical cost of certain track assets is estimated using ( i ) inflation indices published by the bureau of labor statistics and ( ii ) the estimated useful lives of the assets as determined by our depreciation studies . the indices were selected because they closely correlate with the major costs of the properties comprising the applicable track asset classes . because of the number of estimates inherent in the depreciation and retirement processes and because it is impossible to precisely estimate each of these variables until a group of property is completely retired , we continually monitor the estimated service lives of our assets and the accumulated depreciation associated with each asset class to ensure our depreciation rates are appropriate . in addition , we determine if the recorded amount of accumulated depreciation is deficient ( or in excess ) of the amount indicated by our depreciation studies . any deficiency ( or excess ) is amortized as a component of depreciation expense over the remaining service lives of the applicable classes of assets . for retirements of depreciable railroad properties that do not occur in the normal course of business , a gain or loss may be recognized if the retirement meets each of the following three conditions : ( i ) is unusual , ( ii ) is material in amount , and ( iii ) varies significantly from the retirement profile identified through our depreciation studies . a gain or loss is recognized in other income when we sell land or dispose of assets that are not part of our railroad operations . when we purchase an asset , we capitalize all costs necessary to make the asset ready for its intended use . however , many of our assets are self-constructed . a large portion of our capital expenditures is for replacement of existing track assets and other road properties , which is typically performed by our employees , and for track line expansion and other capacity projects . costs that are directly attributable to capital projects ( including overhead costs ) are capitalized . direct costs that are capitalized as part of self- constructed assets include material , labor , and work equipment . indirect costs are capitalized if they clearly relate to the construction of the asset . general and administrative expenditures are expensed as incurred . normal repairs and maintenance , including rail grinding , are also expensed as incurred , while costs incurred that extend the useful life of an asset , improve the safety of our operations or improve operating efficiency are capitalized . these costs are allocated using appropriate statistical bases . total expense for repairs and maintenance incurred was $ 2.1 billion for 2012 , $ 2.2 billion for 2011 , and $ 2.0 billion for 2010 . assets held under capital leases are recorded at the lower of the net present value of the minimum lease payments or the fair value of the leased asset at the inception of the lease . amortization expense is computed using the straight-line method over the shorter of the estimated useful lives of the assets or the period of the related lease . 12 . accounts payable and other current liabilities dec . 31 , dec . 31 , millions 2012 2011 . <table class='wikitable'><tr><td>1</td><td>millions</td><td>dec . 31 2012</td><td>dec . 312011</td></tr><tr><td>2</td><td>accounts payable</td><td>$ 825</td><td>$ 819</td></tr><tr><td>3</td><td>accrued wages and vacation</td><td>376</td><td>363</td></tr><tr><td>4</td><td>income and other taxes</td><td>368</td><td>482</td></tr><tr><td>5</td><td>dividends payable</td><td>318</td><td>284</td></tr><tr><td>6</td><td>accrued casualty costs</td><td>213</td><td>249</td></tr><tr><td>7</td><td>interest payable</td><td>172</td><td>197</td></tr><tr><td>8</td><td>equipment rents payable</td><td>95</td><td>90</td></tr><tr><td>9</td><td>other</td><td>556</td><td>624</td></tr><tr><td>10</td><td>total accounts payable and othercurrent liabilities</td><td>$ 2923</td><td>$ 3108</td></tr></table> . Question: what was the value of equipment rents payable in 2012? Answer: 95.0 Question: what was the value in 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.

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 2008 and 2007. . <table class='wikitable'><tr><td>1</td><td>2008</td><td>high</td><td>low</td></tr><tr><td>2</td><td>quarter ended march 31</td><td>$ 42.72</td><td>$ 32.10</td></tr><tr><td>3</td><td>quarter ended june 30</td><td>46.10</td><td>38.53</td></tr><tr><td>4</td><td>quarter ended september 30</td><td>43.43</td><td>31.89</td></tr><tr><td>5</td><td>quarter ended december 31</td><td>37.28</td><td>19.35</td></tr><tr><td>6</td><td>2007</td><td>high</td><td>low</td></tr><tr><td>7</td><td>quarter ended march 31</td><td>$ 41.31</td><td>$ 36.63</td></tr><tr><td>8</td><td>quarter ended june 30</td><td>43.84</td><td>37.64</td></tr><tr><td>9</td><td>quarter ended september 30</td><td>45.45</td><td>36.34</td></tr><tr><td>10</td><td>quarter ended december 31</td><td>46.53</td><td>40.08</td></tr></table> on february 13 , 2009 , the closing price of our common stock was $ 28.85 per share as reported on the nyse . as of february 13 , 2009 , we had 397097677 outstanding shares of common stock and 499 registered holders . dividends we have never paid a dividend on our common stock . we anticipate that we may retain future earnings , if any , to fund the development and growth of our business . the indentures governing our 7.50% ( 7.50 % ) senior notes due 2012 ( 201c7.50% ( 201c7.50 % ) notes 201d ) and our 7.125% ( 7.125 % ) senior notes due 2012 ( 201c7.125% ( 201c7.125 % ) notes 201d ) may prohibit us from paying dividends to our stockholders unless we satisfy certain financial covenants . the loan agreement for our revolving credit facility and term loan , and the indentures governing the terms of our 7.50% ( 7.50 % ) notes and 7.125% ( 7.125 % ) notes contain covenants that restrict our ability to pay dividends unless certain financial covenants are satisfied . in addition , while spectrasite and its subsidiaries are classified as unrestricted subsidiaries under the indentures for our 7.50% ( 7.50 % ) notes and 7.125% ( 7.125 % ) notes , certain of spectrasite 2019s subsidiaries are subject to restrictions on the amount of cash that they can distribute to us under the loan agreement related to our securitization transaction . 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 transaction , 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 price of shares in february of 2009? Answer: 37.28 Question: and what was it in by the end of 2008? Answer: 28.85 Question: what was, then, the change over that period? Answer: 8.43 Question: what was the price of shares in the end of 2008?

28.85

Read the following texts and table with financial data from an S&P 500 earnings report 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 ) 7 . derivative financial instruments under the terms of the credit facility , the company is required to enter into interest rate protection agreements on at least 50% ( 50 % ) of its variable rate debt . under these agreements , the company is exposed to credit risk to the extent that a counterparty fails to meet the terms of a contract . such exposure is limited to the current value of the contract at the time the counterparty fails to perform . the company believes its contracts as of december 31 , 2004 are with credit worthy institutions . as of december 31 , 2004 , the company had two interest rate caps outstanding with an aggregate notional amount of $ 350.0 million ( each at an interest rate of 6.0% ( 6.0 % ) ) that expire in 2006 . as of december 31 , 2003 , the company had three interest rate caps outstanding with an aggregate notional amount of $ 500.0 million ( each at a rate of 5.0% ( 5.0 % ) ) that expired in 2004 . as of december 31 , 2004 and 2003 , there was no fair value associated with any of these interest rate caps . during the year ended december 31 , 2003 , the company recorded an unrealized loss of approximately $ 0.3 million ( net of a tax benefit of approximately $ 0.2 million ) in other comprehensive loss for the change in fair value of cash flow hedges and reclassified $ 5.9 million ( net of a tax benefit of approximately $ 3.2 million ) into results of operations . during the year ended december 31 , 2002 , the company recorded an unrealized loss of approximately $ 9.1 million ( net of a tax benefit of approximately $ 4.9 million ) in other comprehensive loss for the change in fair value of cash flow hedges and reclassified $ 19.5 million ( net of a tax benefit of approximately $ 10.5 million ) into results of operations . hedge ineffectiveness resulted in a gain of approximately $ 1.0 million for the year ended december 31 , 2002 , which is recorded in other expense in the accompanying consolidated statement of operations . the company records the changes in fair value of its derivative instruments that are not accounted for as hedges in other expense . the company did not reclassify any derivative losses into its statement of operations for the year ended december 31 , 2004 and does not anticipate reclassifying any derivative losses into its statement of operations within the next twelve months , as there are no amounts included in other comprehensive loss as of december 31 , 2004 . 8 . commitments and contingencies lease obligations 2014the company leases certain land , office and tower space under operating leases that expire over various terms . many of the leases contain renewal options with specified increases in lease payments upon exercise of the renewal option . escalation clauses present in operating leases , excluding those tied to cpi or other inflation-based indices , are straight-lined over the term of the lease . ( see note 1. ) future minimum rental payments under non-cancelable operating leases include payments for certain renewal periods at the company 2019s option because failure to renew could result in a loss of the applicable tower site and related revenues from tenant leases , thereby making it reasonably assured that the company will renew the lease . such payments in effect at december 31 , 2004 are as follows ( in thousands ) : year ending december 31 . <table class='wikitable'><tr><td>1</td><td>2005</td><td>$ 106116</td></tr><tr><td>2</td><td>2006</td><td>106319</td></tr><tr><td>3</td><td>2007</td><td>106095</td></tr><tr><td>4</td><td>2008</td><td>106191</td></tr><tr><td>5</td><td>2009</td><td>106214</td></tr><tr><td>6</td><td>thereafter</td><td>1570111</td></tr><tr><td>7</td><td>total</td><td>$ 2101046</td></tr></table> aggregate rent expense ( including the effect of straight-line rent expense ) under operating leases for the years ended december 31 , 2004 , 2003 and 2002 approximated $ 118741000 , $ 113956000 , and $ 109644000 , respectively. . Question: what portion of total future minimum rental payments is due in 2009?

0.05055

Read the following texts and table with financial data from an S&P 500 earnings report 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 item 7 2013 management 2019s discussion and analysis of financial condition and results of operations liquidity and capital resources we recorded net earnings of $ 35.4 million or $ 1.18 per share in 2004 , compared with $ 52.2 million or $ 1.76 per share recorded in 2003 and $ 51.3 million or $ 1.86 per share in 2002 . net earnings recorded in 2004 were negatively impacted by cost increases to steel and freight , as well as manufacturing inefficiencies during the first nine months of the year in our ashland city plant and higher selling , general and administrative expense ( sg&a ) . while net earnings were flat in 2003 compared with 2002 , the lower earnings per share amount in 2003 as compared with 2002 reflected the full-year impact of our stock offering in may 2002 . our individual segment performance will be discussed later in this section . our working capital , excluding short-term debt , was $ 339.8 million at december 31 , 2004 , compared with $ 305.9 million and $ 225.1 million at december 31 , 2003 , and december 31 , 2002 , respectively . the $ 33.9 million increase in 2004 reflects $ 44.9 million higher receivable balances due to longer payment terms experienced by both of our businesses as well as higher sales levels in the fourth quarter . offsetting the increase in receivable balances were $ 13.5 million lower inventory levels split about equally between water systems and electrical products and $ 14.3 million higher accounts payable balances . the $ 80.8 million increase in 2003 reflects $ 46.6 million higher inventory balances due primarily to extensive manufacturing repositioning in our electric motor business and several new product introductions and manufacturing consolidation in our water systems business . additionally , receivable balances were $ 21.2 million higher due to price increases associated with new product introductions in our water systems business and an increase in international sales , which tend to have longer payment terms . finally , a $ 13.1 million increase in accounts payable balances was largely offset by $ 9.4 million in restructuring expenses paid out in 2003 . reducing working capital is one of our major initiatives in 2005 . cash provided by operating activities during 2004 was $ 67.2 million compared with $ 29.0 million during 2003 and $ 116.0 million during 2002 . despite lower earnings in 2004 , a smaller investment in working capital explains the majority of the improvement in cash flow compared with 2003 . the higher investment in working capital in 2003 ( as discussed above ) , explains the majority of the difference between 2003 and our capital expenditures were $ 48.5 million in 2004 , essentially the same as in 2003 and approximately $ 2.2 million higher than in 2002 . the increase in 2003 was associated with new product launches in our water systems business . we are projecting 2005 capital expenditures to be approximately $ 55 million , essentially the same as our projected 2005 depreciation expense . we believe that our present facilities and planned capital expenditures are sufficient to provide adequate capacity for our operations in 2005 . in june 2004 , we completed a $ 265 million , five-year revolving credit facility with a group of eight banks . the new facility expires on june 10 , 2009 , and it replaced a $ 250 million credit facility which expired on august 2 , 2004 , and was terminated on june 10 , 2004 . the new facility backs up commercial paper and credit line borrowings . as a result of the long-term nature of this facility , the commercial paper and credit line borrowings are now classified as long-term debt . at december 31 , 2004 , we had available borrowing capacity of $ 153.9 million under this facility . we believe that the combination of available borrowing capacity and operating cash flow will provide sufficient funds to finance our existing operations for the foreseeable future . to take advantage of historically low long-term borrowing rates , we issued $ 50.0 million in senior notes with two insurance companies in june 2003 . the notes range in maturity between 2013 and 2016 and carry a weighted average interest rate of slightly less than 4.5 percent . the proceeds of the notes were used to repay commercial paper and borrowing under the credit facility . our leverage , as measured by the ratio of total debt to total capitalization , was 32 percent at the end of 2004 and the end of 2003 . aggregate contractual obligations a summary of our contractual obligations as of december 31 , 2004 , is as follows: . <table class='wikitable'><tr><td>1</td><td>( dollars in millions ) contractual obligation</td><td>( dollars in millions ) total</td><td>( dollars in millions ) less than 1 year</td><td>( dollars in millions ) 1 - 3 years</td><td>( dollars in millions ) 3 - 5 years</td><td>more than 5 years</td></tr><tr><td>2</td><td>long-term debt</td><td>$ 275.1</td><td>$ 8.6</td><td>$ 13.8</td><td>$ 138.2</td><td>$ 114.5</td></tr><tr><td>3</td><td>capital leases</td><td>6.0</td><td>2014</td><td>2014</td><td>6.0</td><td>2014</td></tr><tr><td>4</td><td>operating leases</td><td>62.9</td><td>14.4</td><td>20.7</td><td>11.6</td><td>16.2</td></tr><tr><td>5</td><td>purchase obligations</td><td>177.3</td><td>176.6</td><td>0.7</td><td>2014</td><td>2014</td></tr><tr><td>6</td><td>total</td><td>$ 521.3</td><td>$ 199.6</td><td>$ 35.2</td><td>$ 155.8</td><td>$ 130.7</td></tr></table> . Question: as of december 31, 2004, what percentage of the total of aggregate contractual obligations was due to long-term debt? Answer: 275.1 Question: and what percentage of it was due to purchase obligations?

0.34011

Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.

factors , including the market price of our common stock , general economic and market conditions and applicable legal requirements . the repurchase program may be commenced , suspended or discontinued at any time . in fiscal 2019 , we repurchased approximately 2.1 million shares of our common stock for an aggregate cost of $ 88.6 million . in fiscal 2018 , we repurchased approximately 3.4 million shares of our common stock for an aggregate cost of $ 195.1 million . as of september 30 , 2019 , we had approximately 19.1 million shares of common stock available for repurchase under the program . we anticipate that we will be able to fund our capital expenditures , interest payments , dividends and stock repurchases , pension payments , working capital needs , note repurchases , restructuring activities , repayments of current portion of long-term debt and other corporate actions for the foreseeable future from cash generated from operations , borrowings under our credit facilities , proceeds from our a/r sales agreement , proceeds from the issuance of debt or equity securities or other additional long-term debt financing , including new or amended facilities . in addition , we continually review our capital structure and conditions in the private and public debt markets in order to optimize our mix of indebtedness . in connection with these reviews , we may seek to refinance existing indebtedness to extend maturities , reduce borrowing costs or otherwise improve the terms and composition of our indebtedness . contractual obligations we summarize our enforceable and legally binding contractual obligations at september 30 , 2019 , and the effect these obligations are expected to have on our liquidity and cash flow in future periods in the following table . certain amounts in this table are based on management 2019s estimates and assumptions about these obligations , including their duration , the possibility of renewal , anticipated actions by third parties and other factors , including estimated minimum pension plan contributions and estimated benefit payments related to postretirement obligations , supplemental retirement plans and deferred compensation plans . because these estimates and assumptions are subjective , the enforceable and legally binding obligations we actually pay in future periods may vary from those presented in the table. . <table class='wikitable'><tr><td>1</td><td>( in millions )</td><td>payments due by period total</td><td>payments due by period fiscal 2020</td><td>payments due by period fiscal 2021and 2022</td><td>payments due by period fiscal 2023and 2024</td><td>payments due by period thereafter</td></tr><tr><td>2</td><td>long-term debt including current portionexcluding capital lease obligations ( 1 )</td><td>$ 9714.1</td><td>$ 550.8</td><td>$ 939.8</td><td>$ 2494.3</td><td>$ 5729.2</td></tr><tr><td>3</td><td>operating lease obligations ( 2 )</td><td>930.4</td><td>214.3</td><td>316.4</td><td>193.6</td><td>206.1</td></tr><tr><td>4</td><td>capital lease obligations ( 3 )</td><td>168.9</td><td>6.4</td><td>8.7</td><td>2.9</td><td>150.9</td></tr><tr><td>5</td><td>purchase obligations and other ( 4 ) ( 5 ) ( 6 )</td><td>2293.5</td><td>1607.0</td><td>292.5</td><td>206.7</td><td>187.3</td></tr><tr><td>6</td><td>total</td><td>$ 13106.9</td><td>$ 2378.5</td><td>$ 1557.4</td><td>$ 2897.5</td><td>$ 6273.5</td></tr></table> ( 1 ) includes only principal payments owed on our debt assuming that all of our long-term debt will be held to maturity , excluding scheduled payments . we have excluded $ 163.5 million of fair value of debt step-up , deferred financing costs and unamortized bond discounts from the table to arrive at actual debt obligations . see 201cnote 13 . debt 201d of the notes to consolidated financial statements for information on the interest rates that apply to our various debt instruments . ( 2 ) see 201cnote 15 . operating leases 201d of the notes to consolidated financial statements for additional information . ( 3 ) the fair value step-up of $ 16.9 million is excluded . see 201cnote 13 . debt 2014 capital lease and other indebtedness 201d of the notes to consolidated financial statements for additional information . ( 4 ) purchase obligations include agreements to purchase goods or services that are enforceable and legally binding and that specify all significant terms , including : fixed or minimum quantities to be purchased ; fixed , minimum or variable price provision ; and the approximate timing of the transaction . purchase obligations exclude agreements that are cancelable without penalty . ( 5 ) we have included in the table future estimated minimum pension plan contributions and estimated benefit payments related to postretirement obligations , supplemental retirement plans and deferred compensation plans . our estimates are based on factors , such as discount rates and expected returns on plan assets . future contributions are subject to changes in our underfunded status based on factors such as investment performance , discount rates , returns on plan assets and changes in legislation . it is possible that our assumptions may change , actual market performance may vary or we may decide to contribute different amounts . we have excluded $ 237.2 million of multiemployer pension plan withdrawal liabilities recorded as of september 30 , 2019 , including our estimate of the accumulated funding deficiency , due to lack of . Question: what is the total of the payments due in 2020? Answer: 2378.5 Question: and what is the full amount of all payments?

13106.9

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 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 regulatory liabilities for 2015? Answer: 402.0 Question: and in 2014? Answer: 392.0 Question: so what was the difference between these two values? Answer: 10.0 Question: and what was the value for 2014 again? Answer: 392.0 Question: and the percentage change during this time?

0.02551

Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.

compared to 2007 . we reduced personal injury expense by $ 80 million in 2007 as a result of fewer than expected claims and lower than expected average settlement costs . in 2008 , we reduced personal injury expense and asbestos-related costs $ 82 million based on the results of updated personal injury actuarial studies and a reassessment of our potential liability for resolution of current and future asbestos claims . in addition , environmental and toxic tort expenses were $ 7 million lower in 2008 compared to 2007 . other costs were lower in 2007 compared to 2006 driven primarily by a reduction in personal injury expense . actuarial studies completed during 2007 resulted in a reduction in personal injury expense of $ 80 million , which was partially offset by an adverse development with respect to one claim . settlement of insurance claims in 2007 related to hurricane rita , and higher equity income also drove expenses lower in 2007 versus 2006 . conversely , the year-over-year comparison was affected by the settlement of insurance claims totaling $ 23 million in 2006 related to the january 2005 west coast storm and a $ 9 million gain in 2006 from the sale of two company-owned airplanes . non-operating items millions of dollars 2008 2007 2006 % ( % ) change 2008 v 2007 % ( % ) change 2007 v 2006 . <table class='wikitable'><tr><td>1</td><td>millions of dollars</td><td>2008</td><td>2007</td><td>2006</td><td>% ( % ) change 2008 v 2007</td><td>% ( % ) change 2007 v 2006</td></tr><tr><td>2</td><td>other income</td><td>$ 92</td><td>$ 116</td><td>$ 118</td><td>( 21 ) % ( % )</td><td>( 2 ) % ( % )</td></tr><tr><td>3</td><td>interest expense</td><td>-511 ( 511 )</td><td>-482 ( 482 )</td><td>-477 ( 477 )</td><td>6</td><td>1</td></tr><tr><td>4</td><td>income taxes</td><td>-1318 ( 1318 )</td><td>-1154 ( 1154 )</td><td>-919 ( 919 )</td><td>14 % ( % )</td><td>26 % ( % )</td></tr></table> other income 2013 other income decreased in 2008 compared to 2007 due to lower gains from real estate sales and decreased returns on cash investments reflecting lower interest rates . higher rental and licensing income and lower interest expense on our sale of receivables program partially offset the decreases . lower net gains from non-operating asset sales ( primarily real estate ) drove the reduction in other income in 2007 . recognition of rental income in 2006 from the settlement of a rent dispute also contributed to the year-over-year decrease in other income . cash investment returns increased $ 21 million due to larger cash balances and higher interest rates . interest expense 2013 interest expense increased in 2008 versus 2007 due to a higher weighted-average debt level of $ 8.3 billion , compared to $ 7.3 billion in 2007 . a lower effective interest rate of 6.1% ( 6.1 % ) in 2008 , compared to 6.6% ( 6.6 % ) in 2007 , partially offset the effects of the higher weighted-average debt level . an increase in the weighted-average debt levels to $ 7.3 billion from $ 7.1 billion in 2006 generated higher interest expense in 2007 . a lower effective interest rate of 6.6% ( 6.6 % ) in 2007 , compared to 6.7% ( 6.7 % ) in 2006 , partially offset the effects of the higher debt level . income taxes 2013 income taxes were higher in 2008 compared to 2007 , driven by higher pre-tax income . our effective tax rates were 36.1% ( 36.1 % ) and 38.4% ( 38.4 % ) in 2008 and 2007 , respectively . the lower effective tax rate in 2008 resulted from several reductions in tax expense related to federal audits and state tax law changes . in addition , the effective tax rate in 2007 was increased by illinois legislation that increased deferred tax expense in the third quarter of 2007 . income taxes were $ 235 million higher in 2007 compared to 2006 , due primarily to higher pre-tax income and the effect of new tax legislation in the state of illinois that changed how we determine the amount of our income subject to illinois tax . the illinois legislation increased our deferred tax expense by $ 27 million in 2007 . our effective tax rates were 38.4% ( 38.4 % ) and 36.4% ( 36.4 % ) in 2007 and 2006 , respectively. . Question: what was the sum of other income in 2007 and 2008? Answer: 208.0 Question: what is the total sum including 2006?

326.0

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 price performance the following graph shows a comparison of the cumulative total return on our common stock , the standard & poor 2019s 500 index and the standard & poor 2019s retail index . the graph assumes that the value of an investment in our common stock and in each such index was $ 100 on january 3 , 2009 , and that any dividends have been reinvested . the comparison in the graph below is based solely on historical data and is not intended to forecast the possible future performance of our common stock . comparison of cumulative total return among advance auto parts , inc. , s&p 500 index and s&p retail index company/index january 3 , january 2 , january 1 , december 31 , december 29 , december 28 . <table class='wikitable'><tr><td>1</td><td>company/index</td><td>january 3 2009</td><td>january 2 2010</td><td>january 1 2011</td><td>december 31 2011</td><td>december 29 2012</td><td>december 28 2013</td></tr><tr><td>2</td><td>advance auto parts</td><td>$ 100.00</td><td>$ 119.28</td><td>$ 195.80</td><td>$ 206.86</td><td>$ 213.14</td><td>$ 327.63</td></tr><tr><td>3</td><td>s&p 500 index</td><td>100.00</td><td>119.67</td><td>134.97</td><td>134.96</td><td>150.51</td><td>197.62</td></tr><tr><td>4</td><td>s&p retail index</td><td>100.00</td><td>141.28</td><td>174.70</td><td>179.79</td><td>219.77</td><td>321.02</td></tr></table> . Question: what was the price of advance auto parts in 2011? Answer: 195.8 Question: what was the price in 2009? Answer: 100.0 Question: what is the difference? Answer: 95.8 Question: what is the percent change?

0.958

Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.

interest expense , net was $ 26.4 million , $ 14.6 million , and $ 5.3 million for the years ended december 31 , 2016 , 2015 and 2014 , 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 $ 1.2 million , $ 0.8 million , and $ 0.6 million for the years ended december 31 , 2016 , 2015 and 2014 , 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 . 6 . 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 , 2016 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 , 2016 as well as significant operating lease agreements entered into during the period after december 31 , 2016 through the date of this report : ( in thousands ) . <table class='wikitable'><tr><td>1</td><td>2017</td><td>$ 114857</td></tr><tr><td>2</td><td>2018</td><td>127504</td></tr><tr><td>3</td><td>2019</td><td>136040</td></tr><tr><td>4</td><td>2020</td><td>133092</td></tr><tr><td>5</td><td>2021</td><td>122753</td></tr><tr><td>6</td><td>2022 and thereafter</td><td>788180</td></tr><tr><td>7</td><td>total future minimum lease payments</td><td>$ 1422426</td></tr></table> included in selling , general and administrative expense was rent expense of $ 109.0 million , $ 83.0 million and $ 59.0 million for the years ended december 31 , 2016 , 2015 and 2014 , respectively , under non-cancelable operating lease agreements . included in these amounts was contingent rent expense of $ 13.0 million , $ 11.0 million and $ 11.0 million for the years ended december 31 , 2016 , 2015 and 2014 , 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 . Question: what was the difference in rent expenses included in sg&a expenses from 2015 to 2016? Answer: 26.0 Question: what was the rent expense included in sg&a expenses in 2015? Answer: 83.0 Question: what is the percent change?

0.31325

Read the following texts and table with financial data from an S&P 500 earnings report 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 years ended december 31 , 2008 , 2007 and 2006 , due to ineffectiveness and amounts excluded from the assessment of hedge effectiveness , was not significant . for contracts outstanding at december 31 , 2008 , we have an obligation to purchase u.s . dollars and sell euros , japanese yen , british pounds , canadian dollars , australian dollars and korean won and purchase swiss francs and sell u.s . dollars at set maturity dates ranging from january 2009 through june 2011 . the notional amounts of outstanding forward contracts entered into with third parties to purchase u.s . dollars at december 31 , 2008 were $ 1343.0 million . the notional amounts of outstanding forward contracts entered into with third parties to purchase swiss francs at december 31 , 2008 were $ 207.5 million . the fair value of outstanding derivative instruments recorded on the balance sheet at december 31 , 2008 , together with settled derivatives where the hedged item has not yet affected earnings , was a net unrealized gain of $ 32.7 million , or $ 33.0 million net of taxes , which is deferred in other comprehensive income , of which $ 16.4 million , or $ 17.9 million , net of taxes , is expected to be reclassified to earnings over the next twelve months . we also enter into foreign currency forward exchange contracts with terms of one month to manage currency exposures for assets and liabilities denominated in a currency other than an entity 2019s functional currency . as a result , any foreign currency remeasurement gains/losses recognized in earnings under sfas no . 52 , 201cforeign currency translation , 201d are generally offset with gains/losses on the foreign currency forward exchange contracts in the same reporting period . other comprehensive income 2013 other comprehensive income refers to revenues , expenses , gains and losses that under generally accepted accounting principles are included in comprehensive income but are excluded from net earnings as these amounts are recorded directly as an adjustment to stockholders 2019 equity . other comprehensive income is comprised of foreign currency translation adjustments , unrealized foreign currency hedge gains and losses , unrealized gains and losses on available-for-sale securities and amortization of prior service costs and unrecognized gains and losses in actuarial assumptions . in 2006 we adopted sfas 158 , 201cemployers 2019 accounting for defined benefit pension and other postretirement plans 2013 an amendment of fasb statements no . 87 , 88 , 106 and 132 ( r ) . 201d this statement required recognition of the funded status of our benefit plans in the statement of financial position and recognition of certain deferred gains or losses in other comprehensive income . we recorded an unrealized loss of $ 35.4 million in other comprehensive income during 2006 related to the adoption of sfas 158 . the components of accumulated other comprehensive income are as follows ( in millions ) : balance at december 31 , comprehensive income ( loss ) balance at december 31 . <table class='wikitable'><tr><td>1</td><td>-</td><td>balance at december 31 2007</td><td>other comprehensive income ( loss )</td><td>balance at december 31 2008</td></tr><tr><td>2</td><td>foreign currency translation</td><td>$ 368.8</td><td>$ -49.4 ( 49.4 )</td><td>$ 319.4</td></tr><tr><td>3</td><td>foreign currency hedges</td><td>-45.4 ( 45.4 )</td><td>78.4</td><td>33.0</td></tr><tr><td>4</td><td>unrealized gain/ ( loss ) on securities</td><td>-1.9 ( 1.9 )</td><td>0.6</td><td>-1.3 ( 1.3 )</td></tr><tr><td>5</td><td>unrecognized prior service cost and unrecognized gain/ ( loss ) in actuarial assumptions</td><td>-31.2 ( 31.2 )</td><td>-79.9 ( 79.9 )</td><td>-111.1 ( 111.1 )</td></tr><tr><td>6</td><td>accumulated other comprehensive income</td><td>$ 290.3</td><td>$ -50.3 ( 50.3 )</td><td>$ 240.0</td></tr></table> during 2008 , we reclassified an investment previously accounted for under the equity method to an available-for-sale investment as we no longer exercised significant influence over the third-party investee . the investment was marked-to- market in accordance with sfas 115 , 201caccounting for certain investments in debt and equity securities , 201d resulting in a net unrealized gain of $ 23.8 million recorded in other comprehensive income for 2008 . this unrealized gain was reclassified to the income statement when we sold this investment in 2008 for total proceeds of $ 54.9 million and a gross realized gain of $ 38.8 million included in interest and other income . the basis of these securities was determined based on the consideration paid at the time of acquisition . treasury stock 2013 we account for repurchases of common stock under the cost method and present treasury stock as a reduction of shareholders equity . we may reissue common stock held in treasury only for limited purposes . accounting pronouncements 2013 in september 2006 , the fasb issued sfas no . 157 , 201cfair value measurements , 201d which defines fair value , establishes a framework for measuring fair value in generally accepted accounting principles and expands disclosures about fair value measurements . this statement does not require any new fair value measurements , but provides guidance on how to measure fair value by providing a fair value hierarchy used to classify the source of the information . sfas no . 157 is effective for financial statements issued for fiscal years beginning after november 15 , 2007 and interim periods within those fiscal years . in february 2008 , the fasb issued fasb staff position ( fsp ) no . sfas 157-2 , which delays the effective date of certain provisions of sfas no . 157 relating to non-financial assets and liabilities measured at fair value on a non-recurring basis until fiscal years beginning after november 15 , 2008 . the full adoption of sfas no . 157 is not expected to have a material impact on our consolidated financial statements or results of operations . 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 : 046000000 ***%%pcmsg|46 |00009|yes|no|02/24/2009 19:24|0|0|page is valid , no graphics -- color : d| . Question: what was unrecognized prior service cost and unrecognized gain/ ( loss ) in actuarial assumptions at the end of 2008?

111.1

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.

improvements are amortized using the straight-line method over the lesser of the remaining respective lease term or estimated useful lives ranging from 1 to 15 years . goodwill , purchased intangibles and other long-lived assets we review our goodwill for impairment annually , or more frequently , if facts and circumstances warrant a review . we completed our annual impairment test in the second quarter of fiscal 2011 and determined that there was no impairment . in the fourth quarter of fiscal 2011 , we announced changes to our business strategy which resulted in a reduction of forecasted revenue for certain of our products . we performed an update to our goodwill impairment test for the enterprise reporting unit and determined there was no impairment . goodwill is assigned to one or more reporting segments on the date of acquisition . we evaluate goodwill for impairment by comparing the fair value of each of our reporting segments to its carrying value , including the associated goodwill . to determine the fair values , we use the market approach based on comparable publicly traded companies in similar lines of businesses and the income approach based on estimated discounted future cash flows . our cash flow assumptions consider historical and forecasted revenue , operating costs and other relevant factors . we amortize intangible assets with finite lives over their estimated useful lives and review them for impairment whenever an impairment indicator exists . we continually monitor events and changes in circumstances that could indicate carrying amounts of our long-lived assets , including our intangible assets may not be recoverable . when such events or changes in circumstances occur , we assess recoverability by determining whether the carrying value of such assets will be recovered through the undiscounted expected future cash flows . if the future undiscounted cash flows are less than the carrying amount of these assets , we recognize an impairment loss based on any excess of the carrying amount over the fair value of the assets . we did not recognize any intangible asset impairment charges in fiscal 2011 , 2010 or 2009 . our intangible assets are amortized over their estimated useful lives of 1 to 13 years . amortization is based on the pattern in which the economic benefits of the intangible asset will be consumed . the weighted average useful lives of our intangibles assets was as follows: . <table class='wikitable'><tr><td>1</td><td>-</td><td>weighted averageuseful life ( years )</td></tr><tr><td>2</td><td>purchased technology</td><td>6</td></tr><tr><td>3</td><td>customer contracts and relationships</td><td>10</td></tr><tr><td>4</td><td>trademarks</td><td>7</td></tr><tr><td>5</td><td>acquired rights to use technology</td><td>9</td></tr><tr><td>6</td><td>localization</td><td>1</td></tr><tr><td>7</td><td>other intangibles</td><td>3</td></tr></table> weighted average useful life ( years ) software development costs capitalization of software development costs for software to be sold , leased , or otherwise marketed begins upon the establishment of technological feasibility , which is generally the completion of a working prototype that has been certified as having no critical bugs and is a release candidate . amortization begins once the software is ready for its intended use , generally based on the pattern in which the economic benefits will be consumed . to date , software development costs incurred between completion of a working prototype and general availability of the related product have not been material . internal use software we capitalize costs associated with customized internal-use software systems that have reached the application development stage . such capitalized costs include external direct costs utilized in developing or obtaining the applications and payroll and payroll-related expenses for employees , who are directly associated with the development of the applications . capitalization of such costs begins when the preliminary project stage is complete and ceases at the point in which the project is substantially complete and is ready for its intended purpose . table of contents adobe systems incorporated notes to consolidated financial statements ( continued ) . Question: what was the weighted average useful life ( years ) of purchased technology? Answer: 6.0 Question: and what was it for customer contracts and relationships? Answer: 10.0 Question: which weighted average useful life, then, of these two was the highest? Answer: no Question: and for the purchased technology segment, what was the average annual amortization rate?

16.66667

Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.

the goldman sachs group , inc . and subsidiaries management 2019s discussion and analysis the risk committee of the board and the risk governance committee ( through delegated authority from the firmwide risk committee ) approve market risk limits and sub-limits at firmwide , business and product levels , consistent with our risk appetite statement . in addition , market risk management ( through delegated authority from the risk governance committee ) sets market risk limits and sub-limits at certain product and desk levels . the purpose of the firmwide limits is to assist senior management in controlling our overall risk profile . sub-limits are set below the approved level of risk limits . sub-limits set the desired maximum amount of exposure that may be managed by any particular business on a day-to-day basis without additional levels of senior management approval , effectively leaving day-to-day decisions to individual desk managers and traders . accordingly , sub-limits are a management tool designed to ensure appropriate escalation rather than to establish maximum risk tolerance . sub-limits also distribute risk among various businesses in a manner that is consistent with their level of activity and client demand , taking into account the relative performance of each area . our market risk limits are monitored daily by market risk management , which is responsible for identifying and escalating , on a timely basis , instances where limits have been exceeded . when a risk limit has been exceeded ( e.g. , due to positional changes or changes in market conditions , such as increased volatilities or changes in correlations ) , it is escalated to senior managers in market risk management and/or the appropriate risk committee . such instances are remediated by an inventory reduction and/or a temporary or permanent increase to the risk limit . model review and validation our var and stress testing models are regularly reviewed by market risk management and enhanced in order to incorporate changes in the composition of positions included in our market risk measures , as well as variations in market conditions . prior to implementing significant changes to our assumptions and/or models , model risk management performs model validations . significant changes to our var and stress testing models are reviewed with our chief risk officer and chief financial officer , and approved by the firmwide risk committee . see 201cmodel risk management 201d for further information about the review and validation of these models . systems we have made a significant investment in technology to monitor market risk including : 2030 an independent calculation of var and stress measures ; 2030 risk measures calculated at individual position levels ; 2030 attribution of risk measures to individual risk factors of each position ; 2030 the ability to report many different views of the risk measures ( e.g. , by desk , business , product type or entity ) ; 2030 the ability to produce ad hoc analyses in a timely manner . metrics we analyze var at the firmwide level and a variety of more detailed levels , including by risk category , business , and region . the tables below present average daily var and period-end var , as well as the high and low var for the period . diversification effect in the tables below represents the difference between total var and the sum of the vars for the four risk categories . this effect arises because the four market risk categories are not perfectly correlated . the table below presents average daily var by risk category. . <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>interest rates</td><td>$ 40</td><td>$ 45</td><td>$ 47</td></tr><tr><td>3</td><td>equity prices</td><td>24</td><td>25</td><td>26</td></tr><tr><td>4</td><td>currency rates</td><td>12</td><td>21</td><td>30</td></tr><tr><td>5</td><td>commodity prices</td><td>13</td><td>17</td><td>20</td></tr><tr><td>6</td><td>diversification effect</td><td>-35 ( 35 )</td><td>-45 ( 45 )</td><td>-47 ( 47 )</td></tr><tr><td>7</td><td>total</td><td>$ 54</td><td>$ 63</td><td>$ 76</td></tr></table> our average daily var decreased to $ 54 million in 2017 from $ 63 million in 2016 , due to reductions across all risk categories , partially offset by a decrease in the diversification effect . the overall decrease was primarily due to lower levels of volatility . our average daily var decreased to $ 63 million in 2016 from $ 76 million in 2015 , due to reductions across all risk categories , partially offset by a decrease in the diversification effect . the overall decrease was primarily due to reduced exposures . goldman sachs 2017 form 10-k 91 . Question: what was the change in interest rates from 2016 to 2017? Answer: -5.0 Question: what was the percent change?

-0.11111

Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.

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 $ 3.6 billion as of december 31 , 2012 . 16 . leases we lease certain locomotives , freight cars , and other property . the consolidated statements of financial position as of december 31 , 2012 and 2011 included $ 2467 million , net of $ 966 million of accumulated depreciation , and $ 2458 million , net of $ 915 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 , 2012 , 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>2013</td><td>$ 525</td><td>$ 282</td></tr><tr><td>3</td><td>2014</td><td>466</td><td>265</td></tr><tr><td>4</td><td>2015</td><td>410</td><td>253</td></tr><tr><td>5</td><td>2016</td><td>375</td><td>232</td></tr><tr><td>6</td><td>2017</td><td>339</td><td>243</td></tr><tr><td>7</td><td>later years</td><td>2126</td><td>1166</td></tr><tr><td>8</td><td>total minimum leasepayments</td><td>$ 4241</td><td>$ 2441</td></tr><tr><td>9</td><td>amount representing interest</td><td>n/a</td><td>-593 ( 593 )</td></tr><tr><td>10</td><td>present value of minimum leasepayments</td><td>n/a</td><td>$ 1848</td></tr></table> approximately 94% ( 94 % ) of capital lease payments relate to locomotives . rent expense for operating leases with terms exceeding one month was $ 631 million in 2012 , $ 637 million in 2011 , and $ 624 million in 2010 . 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 . 17 . 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 ; however , to the extent possible , where asserted and unasserted claims are considered probable and where such claims can be reasonably estimated , we have recorded a liability . 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 . Question: what was the total future minimum lease payments associated with the vie leases in 2012, converted to the thousands place? Answer: 3600.0 Question: and the total minimum lease payment for operating leases?

4241.0

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 is the balance of unrecognized tax benefits in 2008? Answer: 129.5 Question: what about in 2007? Answer: 135.2 Question: what is the net change?

-5.7

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.

in a new business model such as the retail segment is inherently risky , particularly in light of the significant investment involved , the current economic climate , and the fixed nature of a substantial portion of the retail segment's operating expenses . results for this segment are dependent upon a number of risks and uncertainties , some of which are discussed below under the heading "factors that may affect future results and financial condition." backlog in the company's experience , the actual amount of product backlog at any particular time is not a meaningful indication of its future business prospects . in particular , backlog often increases in anticipation of or immediately following new product introductions because of over- ordering by dealers anticipating shortages . backlog often is reduced once dealers and customers believe they can obtain sufficient supply . because of the foregoing , backlog cannot be considered a reliable indicator of the company's ability to achieve any particular level of revenue or financial performance . further information regarding the company's backlog may be found below under the heading "factors that may affect future results and financial condition." gross margin gross margin for the three fiscal years ended september 28 , 2002 are as follows ( in millions , except gross margin percentages ) : gross margin increased to 28% ( 28 % ) of net sales in 2002 from 23% ( 23 % ) in 2001 . as discussed below , gross margin in 2001 was unusually low resulting from negative gross margin of 2% ( 2 % ) experienced in the first quarter of 2001 . as a percentage of net sales , the company's quarterly gross margins declined during fiscal 2002 from 31% ( 31 % ) in the first quarter down to 26% ( 26 % ) in the fourth quarter . this decline resulted from several factors including a rise in component costs as the year progressed and aggressive pricing by the company across its products lines instituted as a result of continued pricing pressures in the personal computer industry . the company anticipates that its gross margin and the gross margin of the overall personal computer industry will remain under pressure throughout fiscal 2003 in light of weak economic conditions , flat demand for personal computers in general , and the resulting pressure on prices . the foregoing statements regarding anticipated gross margin in 2003 and the general demand for personal computers during 2003 are forward- looking . gross margin could differ from anticipated levels because of several factors , including certain of those set forth below in the subsection entitled "factors that may affect future results and financial condition." there can be no assurance that current gross margins will be maintained , targeted gross margin levels will be achieved , or current margins on existing individual products will be maintained . in general , gross margins and margins on individual products will remain under significant downward pressure due to a variety of factors , including continued industry wide global pricing pressures , increased competition , compressed product life cycles , potential increases in the cost and availability of raw material and outside manufacturing services , and potential changes to the company's product mix , including higher unit sales of consumer products with lower average selling prices and lower gross margins . in response to these downward pressures , the company expects it will continue to take pricing actions with respect to its products . gross margins could also be affected by the company's ability to effectively manage quality problems and warranty costs and to stimulate demand for certain of its products . the company's operating strategy and pricing take into account anticipated changes in foreign currency exchange rates over time ; however , the company's results of operations can be significantly affected in the short-term by fluctuations in exchange rates . the company orders components for its products and builds inventory in advance of product shipments . because the company's markets are volatile and subject to rapid technology and price changes , there is a risk the company will forecast incorrectly and produce or order from third parties excess or insufficient inventories of particular products or components . the company's operating results and financial condition have been in the past and may in the future be materially adversely affected by the company's ability to manage its inventory levels and outstanding purchase commitments and to respond to short-term shifts in customer demand patterns . gross margin declined to 23% ( 23 % ) of net sales in 2001 from 27% ( 27 % ) in 2000 . this decline resulted primarily from gross margin of negative 2% ( 2 % ) experienced during the first quarter of 2001 compared to 26% ( 26 % ) gross margin for the same quarter in 2000 . in addition to lower than normal net . <table class='wikitable'><tr><td>1</td><td>-</td><td>2002</td><td>2001</td><td>2000</td></tr><tr><td>2</td><td>net sales</td><td>$ 5742</td><td>$ 5363</td><td>$ 7983</td></tr><tr><td>3</td><td>cost of sales</td><td>4139</td><td>4128</td><td>5817</td></tr><tr><td>4</td><td>gross margin</td><td>$ 1603</td><td>$ 1235</td><td>$ 2166</td></tr><tr><td>5</td><td>gross margin percentage</td><td>28% ( 28 % )</td><td>23% ( 23 % )</td><td>27% ( 27 % )</td></tr></table> . Question: what were net sales in 2002? Answer: 5742.0 Question: what were net sales in 2001? Answer: 5363.0 Question: what was the net change? Answer: 379.0 Question: what is the net change divided by the 2001 value?

0.07067

Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.

performance graph the graph below compares the cumulative total shareholder return on pmi's common stock with the cumulative total return for the same period of pmi's peer group and the s&p 500 index . the graph assumes the investment of $ 100 as of december 31 , 2012 , in pmi common stock ( at prices quoted on the new york stock exchange ) and each of the indices as of the market close and reinvestment of dividends on a quarterly basis . date pmi pmi peer group ( 1 ) s&p 500 index . <table class='wikitable'><tr><td>1</td><td>date</td><td>pmi</td><td>pmi peer group ( 1 )</td><td>s&p 500 index</td></tr><tr><td>2</td><td>december 31 2012</td><td>$ 100.00</td><td>$ 100.00</td><td>$ 100.00</td></tr><tr><td>3</td><td>december 31 2013</td><td>$ 108.50</td><td>$ 122.80</td><td>$ 132.40</td></tr><tr><td>4</td><td>december 31 2014</td><td>$ 106.20</td><td>$ 132.50</td><td>$ 150.50</td></tr><tr><td>5</td><td>december 31 2015</td><td>$ 120.40</td><td>$ 143.50</td><td>$ 152.60</td></tr><tr><td>6</td><td>december 31 2016</td><td>$ 130.80</td><td>$ 145.60</td><td>$ 170.80</td></tr><tr><td>7</td><td>december 31 2017</td><td>$ 156.80</td><td>$ 172.70</td><td>$ 208.10</td></tr></table> ( 1 ) the pmi peer group presented in this graph is the same as that used in the prior year , except reynolds american inc . was removed following the completion of its acquisition by british american tobacco p.l.c . on july 25 , 2017 . the pmi peer group was established based on a review of four characteristics : global presence ; a focus on consumer products ; and net revenues and a market capitalization of a similar size to those of pmi . the review also considered the primary international tobacco companies . as a result of this review , the following companies constitute the pmi peer group : altria group , inc. , anheuser-busch inbev sa/nv , british american tobacco p.l.c. , the coca-cola company , colgate-palmolive co. , diageo plc , heineken n.v. , imperial brands plc , japan tobacco inc. , johnson & johnson , kimberly-clark corporation , the kraft-heinz company , mcdonald's corp. , mondel z international , inc. , nestl e9 s.a. , pepsico , inc. , the procter & gamble company , roche holding ag , and unilever nv and plc . note : figures are rounded to the nearest $ 0.10. . Question: what was the pmi share price on 12/31/13?

108.5

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.

kimco realty corporation and subsidiaries notes to consolidated financial statements , continued other 2014 in connection with the construction of its development projects and related infrastructure , certain public agencies require posting of performance and surety bonds to guarantee that the company 2019s obligations are satisfied . these bonds expire upon the completion of the improvements and infrastructure . as of december 31 , 2010 , there were approximately $ 45.3 million in performance and surety bonds outstanding . as of december 31 , 2010 , the company had accrued $ 3.8 million in connection with a legal claim related to a previously sold ground-up development project . the company is currently negotiating with the plaintiff to settle this claim and believes that the prob- able settlement amount will approximate the amount accrued . the company is subject to various other legal proceedings and claims that arise in the ordinary course of business . management believes that the final outcome of such matters will not have a material adverse effect on the financial position , results of operations or liquidity of the company . 23 . incentive plans : the company maintains two equity participation plans , the second amended and restated 1998 equity participation plan ( the 201cprior plan 201d ) and the 2010 equity participation plan ( the 201c2010 plan 201d ) ( collectively , the 201cplans 201d ) . the prior plan provides for a maxi- mum of 47000000 shares of the company 2019s common stock to be issued for qualified and non-qualified options and restricted stock grants . the 2010 plan provides for a maximum of 5000000 shares of the company 2019s common stock to be issued for qualified and non-qualified options , restricted stock , performance awards and other awards , plus the number of shares of common stock which are or become available for issuance under the prior plan and which are not thereafter issued under the prior plan , subject to certain conditions . unless otherwise determined by the board of directors at its sole discretion , options granted under the plans generally vest ratably over a range of three to five years , expire ten years from the date of grant and are exercisable at the market price on the date of grant . restricted stock grants generally vest ( i ) 100% ( 100 % ) on the fourth or fifth anniversary of the grant , ( ii ) ratably over three or four years or ( iii ) over three years at 50% ( 50 % ) after two years and 50% ( 50 % ) after the third year . performance share awards may provide a right to receive shares of restricted stock based on the company 2019s performance relative to its peers , as defined , or based on other performance criteria as determined by the board of directors . in addition , the plans provide for the granting of certain options and restricted stock to each of the company 2019s non-employee directors ( the 201cindependent directors 201d ) and permits such independent directors to elect to receive deferred stock awards in lieu of directors 2019 fees . the company accounts for stock options in accordance with fasb 2019s compensation 2014stock compensation guidance which requires that all share based payments to employees , including grants of employee stock options , be recognized in the statement of operations over the service period based on their fair values . the fair value of each option award is estimated on the date of grant using the black-scholes option pricing formula . the assump- tion for expected volatility has a significant affect on the grant date fair value . volatility is determined based on the historical equity of common stock for the most recent historical period equal to the expected term of the options plus an implied volatility measure . the more significant assumptions underlying the determination of fair values for options granted during 2010 , 2009 and 2008 were as follows : year ended december 31 , 2010 2009 2008 . <table class='wikitable'><tr><td>1</td><td>2009</td><td>year ended december 31 2010 2009</td><td>year ended december 31 2010 2009</td><td>year ended december 31 2010</td></tr><tr><td>2</td><td>weighted average fair value of options granted</td><td>$ 3.82</td><td>$ 3.16</td><td>$ 5.73</td></tr><tr><td>3</td><td>weighted average risk-free interest rates</td><td>2.40% ( 2.40 % )</td><td>2.54% ( 2.54 % )</td><td>3.13% ( 3.13 % )</td></tr><tr><td>4</td><td>weighted average expected option lives ( in years )</td><td>6.25</td><td>6.25</td><td>6.38</td></tr><tr><td>5</td><td>weighted average expected volatility</td><td>37.98% ( 37.98 % )</td><td>45.81% ( 45.81 % )</td><td>26.16% ( 26.16 % )</td></tr><tr><td>6</td><td>weighted average expected dividend yield</td><td>4.21% ( 4.21 % )</td><td>5.48% ( 5.48 % )</td><td>4.33% ( 4.33 % )</td></tr></table> . Question: what was the change in the weighted average fair value of options granted throughout 2010?

0.66

Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.

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 scheduled debt payments ( including the march 2014 repayment of $ 100.0 million of 5.85% ( 5.85 % ) unsecured notes upon maturity ) , payments of interest and dividends , new receivables 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 7 , 2014 , snap-on 2019s long-term debt and commercial paper were rated , respectively , a3 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 2013 year end , working capital ( current assets less current liabilities ) of $ 1080.8 million increased $ 1.0 million from $ 1079.8 million as of 2012 year end . the following represents the company 2019s working capital position as of 2013 and 2012 year end : ( amounts in millions ) 2013 2012 . <table class='wikitable'><tr><td>1</td><td>( amounts in millions )</td><td>2013</td><td>2012</td></tr><tr><td>2</td><td>cash and cash equivalents</td><td>$ 217.6</td><td>$ 214.5</td></tr><tr><td>3</td><td>trade and other accounts receivable 2013 net</td><td>531.6</td><td>497.9</td></tr><tr><td>4</td><td>finance receivables 2013 net</td><td>374.6</td><td>323.1</td></tr><tr><td>5</td><td>contract receivables 2013 net</td><td>68.4</td><td>62.7</td></tr><tr><td>6</td><td>inventories 2013 net</td><td>434.4</td><td>404.2</td></tr><tr><td>7</td><td>other current assets</td><td>169.6</td><td>166.6</td></tr><tr><td>8</td><td>total current assets</td><td>1796.2</td><td>1669.0</td></tr><tr><td>9</td><td>notes payable and current maturities of long-term debt</td><td>-113.1 ( 113.1 )</td><td>-5.2 ( 5.2 )</td></tr><tr><td>10</td><td>accounts payable</td><td>-155.6 ( 155.6 )</td><td>-142.5 ( 142.5 )</td></tr><tr><td>11</td><td>other current liabilities</td><td>-446.7 ( 446.7 )</td><td>-441.5 ( 441.5 )</td></tr><tr><td>12</td><td>total current liabilities</td><td>-715.4 ( 715.4 )</td><td>-589.2 ( 589.2 )</td></tr><tr><td>13</td><td>working capital</td><td>$ 1080.8</td><td>$ 1079.8</td></tr></table> cash and cash equivalents of $ 217.6 million as of 2013 year end compared to cash and cash equivalents of $ 214.5 million at 2012 year end . the $ 3.1 million net increase in cash and cash equivalents includes the impacts of ( i ) $ 508.8 million of cash from collections of finance receivables ; ( ii ) $ 392.6 million of cash generated from operations , net of $ 24.3 million of discretionary cash contributions to the company 2019s pension plans ; ( iii ) $ 29.2 million of cash proceeds from stock purchase and option plan exercises ; and ( iv ) $ 8.4 million of cash proceeds from the sale of property and equipment . these increases in cash and cash equivalents were largely offset by ( i ) the funding of $ 651.3 million of new finance receivables ; ( ii ) dividend payments to shareholders of $ 92.0 million ; ( iii ) the repurchase of 926000 shares of the company 2019s common stock for $ 82.6 million ; ( iv ) the funding of $ 70.6 million of capital expenditures ; and ( v ) the may 2013 acquisition of challenger for a cash purchase price of $ 38.2 million . of the $ 217.6 million of cash and cash equivalents as of 2013 year end , $ 124.3 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 . 46 snap-on incorporated . Question: what was the balance of inventories in 2013? Answer: 434.4 Question: what is the balance in 2012? Answer: 404.2 Question: what is the net change?

30.2

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.

2022 international . in general , our international markets are less advanced with respect to the current technologies deployed for wireless services . as a result , demand for our communications sites is driven by continued voice network investments , new market entrants and initial 3g data network deployments . for example , in india , nationwide voice networks continue to be deployed as wireless service providers are beginning their initial investments in 3g data networks , as a result of recent spectrum auctions . in mexico and brazil , where nationwide voice networks have been deployed , some incumbent wireless service providers continue to invest in their 3g data networks , and recent spectrum auctions have enabled other incumbent wireless service providers and new market entrants to begin their initial investments in 3g data networks . in markets such as chile and peru , recent spectrum auctions have attracted new market entrants , who are expected to begin their investment in deploying nationwide voice and 3g data networks . we believe demand for our tower sites will continue in our international markets as wireless service providers seek to remain competitive by increasing the coverage of their networks while also investing in next generation data networks . rental and management operations new site revenue growth . during the year ended december 31 , 2010 , we grew our portfolio of communications sites through acquisitions and construction activities , including the acquisition and construction of approximately 7800 sites . we continue to evaluate opportunities to acquire larger communications site portfolios , both domestically and internationally , that we believe we can effectively integrate into our existing portfolio. . <table class='wikitable'><tr><td>1</td><td>new sites ( acquired or constructed )</td><td>2010</td><td>2009</td><td>2008</td></tr><tr><td>2</td><td>domestic</td><td>947</td><td>528</td><td>160</td></tr><tr><td>3</td><td>international ( 1 )</td><td>6865</td><td>3022</td><td>801</td></tr></table> ( 1 ) the majority of sites acquired or constructed internationally during 2010 and 2009 were in india and our newly launched operations in chile , colombia and peru . network development services segment revenue growth . as we continue to focus on growing our rental and management operations , we anticipate that our network development services revenue will continue to represent a small percentage of our total revenues . through our network development services segment , we offer tower-related services , including site acquisition , zoning and permitting services and structural analysis services , which primarily support our site leasing business and the addition of new tenants and equipment on our sites . rental and management operations expenses . our rental and management operations expenses include our direct site level expenses and consist primarily of ground rent , property taxes , repairs and maintenance and utilities . these segment level expenses exclude all segment and corporate level selling , general , administrative and development expenses , which are aggregated into one line item entitled selling , general , administrative and development expense . in general , our rental and management segment level selling , general and administrative expenses do not significantly increase as a result of adding incremental tenants to our legacy sites and typically increase only modestly year-over-year . as a result , leasing additional space to new tenants on our legacy sites provides significant incremental cash flow . in geographic areas where we have recently launched operations or are focused on materially expanding our site footprint , we may incur additional segment level selling , general and administrative expenses as we increase our presence in these areas . our profit margin growth is therefore positively impacted by the addition of new tenants to our legacy sites and can be temporarily diluted by our development activities . reit election . as we review our tax strategy and assess the utilization of our federal and state nols , we are actively considering an election to a reit for u.s . federal and , where applicable , state income tax purposes . we may make the determination to elect reit status for the taxable year beginning january 1 , 2012 , as early as the second half of 2011 , subject to the approval of our board of directors , although there is no certainty as to the timing of a reit election or whether we will make a reit election at all. . Question: what was the total number of new sites in 2010? Answer: 7812.0 Question: and specifically the amount domestically? Answer: 947.0 Question: and as a percentage of the total?

0.12122

Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.

( $ 125 million ) and higher maintenance outage costs ( $ 18 million ) . additionally , operating profits in 2012 include costs of $ 184 million associated with the acquisition and integration of temple-inland , mill divestiture costs of $ 91 million , costs associated with the restructuring of our european packaging busi- ness of $ 17 million and a $ 3 million gain for other items , while operating costs in 2011 included costs associated with signing an agreement to acquire temple-inland of $ 20 million and a gain of $ 7 million for other items . industrial packaging . <table class='wikitable'><tr><td>1</td><td>in millions</td><td>2012</td><td>2011</td><td>2010</td></tr><tr><td>2</td><td>sales</td><td>$ 13280</td><td>$ 10430</td><td>$ 9840</td></tr><tr><td>3</td><td>operating profit</td><td>1066</td><td>1147</td><td>826</td></tr></table> north american industr ia l packaging net sales were $ 11.6 billion in 2012 compared with $ 8.6 billion in 2011 and $ 8.4 billion in 2010 . operating profits in 2012 were $ 1.0 billion ( $ 1.3 billion exclud- ing costs associated with the acquisition and integration of temple-inland and mill divestiture costs ) compared with $ 1.1 billion ( both including and excluding costs associated with signing an agree- ment to acquire temple-inland ) in 2011 and $ 763 million ( $ 776 million excluding facility closure costs ) in 2010 . sales volumes for the legacy business were about flat in 2012 compared with 2011 . average sales price was lower mainly due to export containerboard sales prices which bottomed out in the first quarter but climbed steadily the rest of the year . input costs were lower for recycled fiber , wood and natural gas , but higher for starch . freight costs also increased . plan- ned maintenance downtime costs were higher than in 2011 . operating costs were higher largely due to routine inventory valuation adjustments operating profits in 2012 benefited from $ 235 million of temple-inland synergies . market-related downtime in 2012 was about 570000 tons compared with about 380000 tons in 2011 . operating profits in 2012 included $ 184 million of costs associated with the acquisition and integration of temple-inland and $ 91 million of costs associated with the divestiture of three containerboard mills . operating profits in 2011 included charges of $ 20 million for costs associated with the signing of the agreement to acquire temple- inland . looking ahead to 2013 , sales volumes in the first quarter compared with the fourth quarter of 2012 are expected to increase slightly for boxes due to a higher number of shipping days . average sales price realizations are expected to reflect the pass-through to box customers of a containerboard price increase implemented in 2012 . input costs are expected to be higher for recycled fiber , wood and starch . planned maintenance downtime costs are expected to be about $ 26 million higher with outages scheduled at eight mills compared with six mills in the 2012 fourth quarter . manufacturing operating costs are expected to be lower . european industr ia l packaging net sales were $ 1.0 billion in 2012 compared with $ 1.1 billion in 2011 and $ 990 million in 2010 . operating profits in 2012 were $ 53 million ( $ 72 million excluding restructuring costs ) compared with $ 66 million ( $ 61 million excluding a gain for a bargain purchase price adjustment on an acquisition by our joint venture in turkey and costs associated with the closure of our etienne mill in france in 2009 ) in 2011 and $ 70 mil- lion ( $ 73 million before closure costs for our etienne mill ) in 2010 . sales volumes in 2012 were lower than in 2011 reflecting decreased demand for packaging in the industrial market due to a weaker overall economic environment in southern europe . demand for pack- aging in the agricultural markets was about flat year- over-year . average sales margins increased due to sales price increases implemented during 2011 and 2012 and lower board costs . other input costs were higher , primarily for energy and distribution . operat- ing profits in 2012 included a net gain of $ 10 million for an insurance settlement , partially offset by addi- tional operating costs , related to the earthquakes in northern italy in may which affected our san felice box plant . entering the first quarter of 2013 , sales volumes are expected to be stable reflecting a seasonal decrease in market demand in agricultural markets offset by an increase in industrial markets . average sales margins are expected to improve due to lower input costs for containerboard . other input costs should be about flat . operating costs are expected to be higher reflecting the absence of the earthquake insurance settlement that was received in the 2012 fourth quar- asian industr ia l packaging net sales and operating profits include the results of sca pack- aging since the acquisition on june 30 , 2010 , includ- ing the impact of incremental integration costs . net sales for the packaging operations were $ 400 million in 2012 compared with $ 410 million in 2011 and $ 255 million in 2010 . operating profits for the packaging operations were $ 2 million in 2012 compared with $ 2 million in 2011 and a loss of $ 7 million ( a loss of $ 4 million excluding facility closure costs ) in 2010 . operating profits were favorably impacted by higher average sales margins in 2012 compared with 2011 , but this benefit was offset by lower sales volumes and higher raw material costs and operating costs . looking ahead to the first quarter of 2013 , sales volumes and average sales margins are expected to decrease due to seasonality . net sales for the distribution operations were $ 260 million in 2012 compared with $ 285 million in 2011 and $ 240 million in 2010 . operating profits were $ 3 million in 2012 compared with $ 3 million in 2011 and about breakeven in 2010. . Question: what is the north american industrial packaging net sales in 2012, in millions?

11600.0

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.

air mobility sales declined by $ 535 million primarily due to c-130j deliveries ( 12 in 2006 compared to 15 in 2005 ) and lower volume on the c-5 program . combat aircraft sales increased by $ 292 million mainly due to higher f-35 and f-22 volume , partially offset by reduced volume on f-16 programs . other aeronautics programs sales increased by $ 83 million primarily due to higher volume in sustainment services activities . operating profit for the segment increased 21% ( 21 % ) in 2007 compared to 2006 . operating profit increases in combat aircraft more than offset decreases in other aeronautics programs and air mobility . combat aircraft operating profit increased $ 326 million mainly due to improved performance on f-22 and f-16 programs . air mobility and other aeronautics programs declined $ 77 million due to lower operating profit in support and sustainment activities . operating profit for the segment increased 20% ( 20 % ) in 2006 compared to 2005 . operating profit increased in both combat aircraft and air mobility . combat aircraft increased $ 114 million , mainly due to higher volume on the f-35 and f-22 programs , and improved performance on f-16 programs . the improvement for the year was also attributable in part to the fact that in 2005 , operating profit included a reduction in earnings on the f-35 program . air mobility operating profit increased $ 84 million , mainly due to improved performance on c-130j sustainment activities in 2006 . backlog decreased in 2007 as compared to 2006 primarily as a result of sales volume on the f-35 program . this decrease was offset partially by increased orders on the f-22 and c-130j programs . electronic systems electronic systems 2019 operating results included the following : ( in millions ) 2007 2006 2005 . <table class='wikitable'><tr><td>1</td><td>( in millions )</td><td>2007</td><td>2006</td><td>2005</td></tr><tr><td>2</td><td>net sales</td><td>$ 11143</td><td>$ 10519</td><td>$ 9811</td></tr><tr><td>3</td><td>operating profit</td><td>1410</td><td>1264</td><td>1078</td></tr><tr><td>4</td><td>backlog at year-end</td><td>21200</td><td>19700</td><td>18600</td></tr></table> net sales for electronic systems increased by 6% ( 6 % ) in 2007 compared to 2006 . sales increased in missiles & fire control ( m&fc ) , maritime systems & sensors ( ms2 ) , and platform , training & energy ( pt&e ) . m&fc sales increased $ 258 million mainly due to higher volume in fire control systems and air defense programs , which more than offset declines in tactical missile programs . ms2 sales grew $ 254 million due to volume increases in undersea and radar systems activities that were offset partially by decreases in surface systems activities . pt&e sales increased $ 113 million , primarily due to higher volume in platform integration activities , which more than offset declines in distribution technology activities . net sales for electronic systems increased by 7% ( 7 % ) in 2006 compared to 2005 . higher volume in platform integration activities led to increased sales of $ 329 million at pt&e . ms2 sales increased $ 267 million primarily due to surface systems activities . air defense programs contributed to increased sales of $ 118 million at m&fc . operating profit for the segment increased by 12% ( 12 % ) in 2007 compared to 2006 , representing an increase in all three lines of business during the year . operating profit increased $ 70 million at pt&e primarily due to higher volume and improved performance on platform integration activities . ms2 operating profit increased $ 32 million due to higher volume on undersea and tactical systems activities that more than offset lower volume on surface systems activities . at m&fc , operating profit increased $ 32 million due to higher volume in fire control systems and improved performance in tactical missile programs , which partially were offset by performance on certain international air defense programs in 2006 . operating profit for the segment increased by 17% ( 17 % ) in 2006 compared to 2005 . operating profit increased by $ 74 million at ms2 mainly due to higher volume on surface systems and undersea programs . pt&e operating profit increased $ 61 million mainly due to improved performance on distribution technology activities . higher volume on air defense programs contributed to a $ 52 million increase in operating profit at m&fc . the increase in backlog during 2007 over 2006 resulted primarily from increased orders for certain tactical missile programs and fire control systems at m&fc and platform integration programs at pt&e. . Question: what was the backlog in 2007? Answer: 21200.0 Question: and what was it in 2006? Answer: 19700.0 Question: what was, then, the change over the year?

1500.0

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 192 jpmorgan chase & co . / 2008 annual report consolidation analysis the multi-seller conduits administered by the firm were not consoli- dated at december 31 , 2008 and 2007 , because each conduit had issued expected loss notes ( 201celns 201d ) , the holders of which are com- mitted to absorbing the majority of the expected loss of each respective conduit . implied support the firm did not have and continues not to have any intent to pro- tect any eln holders from potential losses on any of the conduits 2019 holdings and has no plans to remove any assets from any conduit unless required to do so in its role as administrator . should such a transfer occur , the firm would allocate losses on such assets between itself and the eln holders in accordance with the terms of the applicable eln . expected loss modeling in determining the primary beneficiary of the conduits the firm uses a monte carlo 2013based model to estimate the expected losses of each of the conduits and considers the relative rights and obliga- tions of each of the variable interest holders . the firm 2019s expected loss modeling treats all variable interests , other than the elns , as its own to determine consolidation . the variability to be considered in the modeling of expected losses is based on the design of the enti- ty . the firm 2019s traditional multi-seller conduits are designed to pass credit risk , not liquidity risk , to its variable interest holders , as the assets are intended to be held in the conduit for the longer term . under fin 46 ( r ) , the firm is required to run the monte carlo-based expected loss model each time a reconsideration event occurs . in applying this guidance to the conduits , the following events , are considered to be reconsideration events , as they could affect the determination of the primary beneficiary of the conduits : 2022 new deals , including the issuance of new or additional variable interests ( credit support , liquidity facilities , etc ) ; 2022 changes in usage , including the change in the level of outstand- ing variable interests ( credit support , liquidity facilities , etc ) ; 2022 modifications of asset purchase agreements ; and 2022 sales of interests held by the primary beneficiary . from an operational perspective , the firm does not run its monte carlo-based expected loss model every time there is a reconsideration event due to the frequency of their occurrence . instead , the firm runs its expected loss model each quarter and includes a growth assump- tion for each conduit to ensure that a sufficient amount of elns exists for each conduit at any point during the quarter . as part of its normal quarterly modeling , the firm updates , when applicable , the inputs and assumptions used in the expected loss model . specifically , risk ratings and loss given default assumptions are continually updated . the total amount of expected loss notes out- standing at december 31 , 2008 and 2007 , were $ 136 million and $ 130 million , respectively . management has concluded that the model assumptions used were reflective of market participants 2019 assumptions and appropriately considered the probability of changes to risk ratings and loss given defaults . qualitative considerations the multi-seller conduits are primarily designed to provide an effi- cient means for clients to access the commercial paper market . the firm believes the conduits effectively disperse risk among all parties and that the preponderance of the economic risk in the firm 2019s multi- seller conduits is not held by jpmorgan chase . consolidated sensitivity analysis on capital the table below shows the impact on the firm 2019s reported assets , lia- bilities , tier 1 capital ratio and tier 1 leverage ratio if the firm were required to consolidate all of the multi-seller conduits that it admin- isters at their current carrying value . december 31 , 2008 ( in billions , except ratios ) reported pro forma ( a ) ( b ) . <table class='wikitable'><tr><td>1</td><td>( in billions except ratios )</td><td>reported</td><td>pro forma ( a ) ( b )</td></tr><tr><td>2</td><td>assets</td><td>$ 2175.1</td><td>$ 2218.2</td></tr><tr><td>3</td><td>liabilities</td><td>2008.2</td><td>2051.3</td></tr><tr><td>4</td><td>tier 1 capital ratio</td><td>10.9% ( 10.9 % )</td><td>10.9% ( 10.9 % )</td></tr><tr><td>5</td><td>tier 1 leverage ratio</td><td>6.9</td><td>6.8</td></tr></table> ( a ) the table shows the impact of consolidating the assets and liabilities of the multi- seller conduits at their current carrying value ; as such , there would be no income statement or capital impact at the date of consolidation . if the firm were required to consolidate the assets and liabilities of the conduits at fair value , the tier 1 capital ratio would be approximately 10.8% ( 10.8 % ) . the fair value of the assets is primarily based upon pricing for comparable transactions . the fair value of these assets could change significantly because the pricing of conduit transactions is renegotiated with the client , generally , on an annual basis and due to changes in current market conditions . ( b ) consolidation is assumed to occur on the first day of the quarter , at the quarter-end levels , in order to provide a meaningful adjustment to average assets in the denomi- nator of the leverage ratio . the firm could fund purchases of assets from vies should it become necessary . 2007 activity in july 2007 , a reverse repurchase agreement collateralized by prime residential mortgages held by a firm-administered multi-seller conduit was put to jpmorgan chase under its deal-specific liquidity facility . the asset was transferred to and recorded by jpmorgan chase at its par value based on the fair value of the collateral that supported the reverse repurchase agreement . during the fourth quarter of 2007 , additional information regarding the value of the collateral , including performance statistics , resulted in the determi- nation by the firm that the fair value of the collateral was impaired . impairment losses were allocated to the eln holder ( the party that absorbs the majority of the expected loss from the conduit ) in accor- dance with the contractual provisions of the eln note . on october 29 , 2007 , certain structured cdo assets originated in the second quarter of 2007 and backed by subprime mortgages were transferred to the firm from two firm-administered multi-seller conduits . it became clear in october that commercial paper investors and rating agencies were becoming increasingly concerned about cdo assets backed by subprime mortgage exposures . because of these concerns , and to ensure the continuing viability of the two conduits as financing vehicles for clients and as investment alternatives for commercial paper investors , the firm , in its role as administrator , transferred the cdo assets out of the multi-seller con- duits . the structured cdo assets were transferred to the firm at . Question: what is tier 1 capital ratio? Answer: 10.9 Question: and if the firm were required to consolidate the assets and liabilities of the conduits at fair value, how much does that tier 1 capital ratio would be?

10.8

Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.

notes to the consolidated financial statements on march 18 , 2008 , ppg completed a public offering of $ 600 million in aggregate principal amount of its 5.75% ( 5.75 % ) notes due 2013 ( the 201c2013 notes 201d ) , $ 700 million in aggregate principal amount of its 6.65% ( 6.65 % ) notes due 2018 ( the 201c2018 notes 201d ) and $ 250 million in aggregate principal amount of its 7.70% ( 7.70 % ) notes due 2038 ( the 201c2038 notes 201d and , together with the 2013 notes and the 2018 notes , the 201cnotes 201d ) . the notes were offered by the company pursuant to its existing shelf registration . the proceeds of this offering of $ 1538 million ( net of discount and issuance costs ) and additional borrowings of $ 195 million under the 20ac650 million revolving credit facility were used to repay existing debt , including certain short-term debt and the amounts outstanding under the 20ac1 billion bridge loan . no further amounts can be borrowed under the 20ac1 billion bridge loan . the discount and issuance costs related to the notes , which totaled $ 12 million , will be amortized to interest expense over the respective lives of the notes . short-term debt outstanding as of december 31 , 2008 and 2007 , was as follows : ( millions ) 2008 2007 . <table class='wikitable'><tr><td>1</td><td>( millions )</td><td>2008</td><td>2007</td></tr><tr><td>2</td><td>20ac1 billion bridge loan agreement 5.2% ( 5.2 % )</td><td>$ 2014</td><td>$ 1047</td></tr><tr><td>3</td><td>u.s . commercial paper 5.3% ( 5.3 % ) as of dec . 31 2008</td><td>222</td><td>617</td></tr><tr><td>4</td><td>20ac650 million revolving credit facility weighted average 2.9% ( 2.9 % ) as of dec . 31 2008 ( 1 )</td><td>200</td><td>2014</td></tr><tr><td>5</td><td>other weighted average 4.0% ( 4.0 % ) as of dec . 31 2008</td><td>362</td><td>154</td></tr><tr><td>6</td><td>total</td><td>$ 784</td><td>$ 1818</td></tr></table> total $ 784 $ 1818 ( 1 ) borrowings under this facility have a term of 30 days and can be rolled over monthly until the facility expires in 2010 . ppg is in compliance with the restrictive covenants under its various credit agreements , loan agreements and indentures . the company 2019s revolving credit agreements include a financial ratio covenant . the covenant requires that the amount of total indebtedness not exceed 60% ( 60 % ) of the company 2019s total capitalization excluding the portion of accumulated other comprehensive income ( loss ) related to pensions and other postretirement benefit adjustments . as of december 31 , 2008 , total indebtedness was 45% ( 45 % ) of the company 2019s total capitalization excluding the portion of accumulated other comprehensive income ( loss ) related to pensions and other postretirement benefit adjustments . additionally , substantially all of the company 2019s debt agreements contain customary cross- default provisions . those provisions generally provide that a default on a debt service payment of $ 10 million or more for longer than the grace period provided ( usually 10 days ) under one agreement may result in an event of default under other agreements . none of the company 2019s primary debt obligations are secured or guaranteed by the company 2019s affiliates . interest payments in 2008 , 2007 and 2006 totaled $ 228 million , $ 102 million and $ 90 million , respectively . rental expense for operating leases was $ 267 million , $ 188 million and $ 161 million in 2008 , 2007 and 2006 , respectively . the primary leased assets include paint stores , transportation equipment , warehouses and other distribution facilities , and office space , including the company 2019s corporate headquarters located in pittsburgh , pa . minimum lease commitments for operating leases that have initial or remaining lease terms in excess of one year as of december 31 , 2008 , are ( in millions ) $ 126 in 2009 , $ 107 in 2010 , $ 82 in 2011 , $ 65 in 2012 , $ 51 in 2013 and $ 202 thereafter . the company had outstanding letters of credit of $ 82 million as of december 31 , 2008 . the letters of credit secure the company 2019s performance to third parties under certain self-insurance programs and other commitments made in the ordinary course of business . as of december 31 , 2008 and 2007 guarantees outstanding were $ 70 million . the guarantees relate primarily to debt of certain entities in which ppg has an ownership interest and selected customers of certain of the company 2019s businesses . a portion of such debt is secured by the assets of the related entities . the carrying values of these guarantees were $ 9 million and $ 3 million as of december 31 , 2008 and 2007 , respectively , and the fair values were $ 40 million and $ 17 million , as of december 31 , 2008 and 2007 , respectively . the company does not believe any loss related to these letters of credit or guarantees is likely . 10 . financial instruments , excluding derivative financial instruments included in ppg 2019s financial instrument portfolio are cash and cash equivalents , cash held in escrow , marketable equity securities , company-owned life insurance and short- and long-term debt instruments . the fair values of the financial instruments approximated their carrying values , in the aggregate , except for long-term long-term debt ( excluding capital lease obligations ) , had carrying and fair values totaling $ 3122 million and $ 3035 million , respectively , as of december 31 , 2008 . the corresponding amounts as of december 31 , 2007 , were $ 1201 million and $ 1226 million , respectively . the fair values of the debt instruments were based on discounted cash flows and interest rates currently available to the company for instruments of the same remaining maturities . 2008 ppg annual report and form 10-k 45 . Question: what was the value of interest payments in 2008? Answer: 228.0 Question: what was the value in 2007?

102.0

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 ) sfas no . 148 . in accordance with apb no . 25 , the company recognizes compensation expense based on the excess , if any , of the quoted stock price at the grant date of the award or other measurement date over the amount an employee must pay to acquire the stock . the company 2019s stock option plans are more fully described in note 14 . in december 2004 , the fasb issued sfas no . 123 ( revised 2004 ) , 201cshare-based payment 201d ( sfas 123r ) , as further described below . during the year ended december 31 , 2005 , the company reevaluated the assumptions used to estimate the fair value of stock options issued to employees . as a result , the company lowered its expected volatility assumption for options granted after july 1 , 2005 to approximately 30% ( 30 % ) and increased the expected life of option grants to 6.25 years using the simplified method permitted by sec sab no . 107 , 201dshare-based payment 201d ( sab no . 107 ) . the company made this change based on a number of factors , including the company 2019s execution of its strategic plans to sell non-core businesses , reduce leverage and refinance its debt , and its recent merger with spectrasite , inc . ( see note 2. ) management had previously based its volatility assumptions on historical volatility since inception , which included periods when the company 2019s capital structure was more highly leveraged than current levels and expected levels for the foreseeable future . management 2019s estimate of future volatility is based on its consideration of all available information , including historical volatility , implied volatility of publicly traded options , the company 2019s current capital structure and its publicly announced future business plans . for comparative purposes , a 10% ( 10 % ) change in the volatility assumption would change pro forma stock option expense and pro forma net loss by approximately $ 0.1 million for the year ended december 31 , 2005 . ( see note 14. ) the following table illustrates the effect on net loss and net loss per common share if the company had applied the fair value recognition provisions of sfas no . 123 ( as amended ) to stock-based compensation . the estimated fair value of each option is calculated using the black-scholes option-pricing model ( in thousands , except per share amounts ) : . <table class='wikitable'><tr><td>1</td><td>-</td><td>2005</td><td>2004</td><td>2003</td></tr><tr><td>2</td><td>net loss as reported</td><td>$ -171590 ( 171590 )</td><td>$ -247587 ( 247587 )</td><td>$ -325321 ( 325321 )</td></tr><tr><td>3</td><td>add : stock-based employee compensation expense net of related tax effect included in net loss as reported</td><td>7104</td><td>2297</td><td>2077</td></tr><tr><td>4</td><td>less : total stock-based employee compensation expense determined under fair value based method for all awards net of related taxeffect</td><td>-22238 ( 22238 )</td><td>-23906 ( 23906 )</td><td>-31156 ( 31156 )</td></tr><tr><td>5</td><td>pro-forma net loss</td><td>$ -186724 ( 186724 )</td><td>$ -269196 ( 269196 )</td><td>$ -354400 ( 354400 )</td></tr><tr><td>6</td><td>basic and diluted net loss per share as reported</td><td>$ -0.57 ( 0.57 )</td><td>$ -1.10 ( 1.10 )</td><td>$ -1.56 ( 1.56 )</td></tr><tr><td>7</td><td>basic and diluted net loss per share pro-forma</td><td>$ -0.62 ( 0.62 )</td><td>$ -1.20 ( 1.20 )</td><td>$ -1.70 ( 1.70 )</td></tr></table> the company has modified certain option awards to revise vesting and exercise terms for certain terminated employees and recognized charges of $ 7.0 million , $ 3.0 million and $ 2.3 million for the years ended december 31 , 2005 , 2004 and 2003 , respectively . in addition , the stock-based employee compensation amounts above for the year ended december 31 , 2005 , include approximately $ 2.4 million of unearned compensation amortization related to unvested stock options assumed in the merger with spectrasite , inc . such charges are reflected in impairments , net loss on sale of long-lived assets , restructuring and merger related expense with corresponding adjustments to additional paid-in capital and unearned compensation in the accompanying consolidated financial statements . recent accounting pronouncements 2014in december 2004 , the fasb issued sfas 123r , which supersedes apb no . 25 , and amends sfas no . 95 , 201cstatement of cash flows . 201d this statement addressed the accounting for share-based payments to employees , including grants of employee stock options . under the new standard . Question: what was the pro-forma net loss in 2005? Answer: 186724.0 Question: and converted to the hundred millions?

186724000.0

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 , 2013 . ( 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 . <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></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></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></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></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 addition , in january 2014 , the board of directors declared a regular quarterly cash dividend of $ 0.25 per ordinary share , payable on february 27 , 2014 to shareholders of record at the close of business on february 18 , 2014 . in october 2011 , the board of managers of delphi automotive llp approved a distribution of approximately $ 95 million , which was paid on december 5 , 2011 , principally in respect of taxes , to members of delphi automotive llp who held membership interests as of the close of business on october 31 , 2011. . Question: what was the regular quarterly cash dividend per ordinary share declared by the board of directors and payable on february 27 , 2014?

0.25

Read the following texts and table with financial data from an S&P 500 earnings report 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 ) fiscal years ended may 27 , 2007 , may 28 , 2006 , and may 29 , 2005 columnar amounts in millions except per share amounts due to the purchase price of the cattle feeding business being entirely financed by the company , the legal divestiture of the cattle feeding operation was not recognized as a divestiture for accounting purposes , and the assets , liabilities and results of operations of the cattle feeding business were reflected in continuing operations in the company 2019s financial statements prior to october 15 , 2004 . on september 24 , 2004 , the company reached an agreement with affiliates of swift foods by which the company took control and ownership of approximately $ 300 million of the net assets of the cattle feeding business , including feedlots and live cattle . on october 15 , 2004 , the company sold the feedlots to smithfield foods for approximately $ 70 million . these transactions resulted in a gain of approximately $ 19 million ( net of taxes of $ 11.6 million ) . the company retained live cattle inventory and related derivative instruments and liquidated those assets in an orderly manner over the succeeding several months . beginning september 24 , 2004 , the assets , liabilities and results of operations , including the gain on sale , of the cattle feeding business are classified as discontinued operations . culturelle business during the first quarter of fiscal 2007 , the company completed its divestiture of its nutritional supplement business for proceeds of approximately $ 8.2 million , resulting in a pre-tax gain of approximately $ 6.2 million ( $ 3.5 million after tax ) . the company reflects this gain within discontinued operations . the results of the aforementioned businesses which have been divested are included within discontinued operations . the summary comparative financial results of discontinued operations were as follows: . <table class='wikitable'><tr><td>1</td><td>-</td><td>2007</td><td>2006</td><td>2005</td></tr><tr><td>2</td><td>net sales</td><td>$ 727.6</td><td>$ 2690.0</td><td>$ 4131.7</td></tr><tr><td>3</td><td>long-lived asset impairment charge</td><td>-21.1 ( 21.1 )</td><td>-240.9 ( 240.9 )</td><td>-59.4 ( 59.4 )</td></tr><tr><td>4</td><td>income from operations of discontinued operations before income taxes</td><td>92.5</td><td>179.7</td><td>157.7</td></tr><tr><td>5</td><td>net gain from disposal of businesses</td><td>64.3</td><td>115.5</td><td>26.3</td></tr><tr><td>6</td><td>income before income taxes</td><td>135.7</td><td>54.3</td><td>124.6</td></tr><tr><td>7</td><td>income tax expense</td><td>-54.9 ( 54.9 )</td><td>-109.8 ( 109.8 )</td><td>-41.8 ( 41.8 )</td></tr><tr><td>8</td><td>income ( loss ) from discontinued operations net of tax</td><td>$ 80.8</td><td>$ -55.5 ( 55.5 )</td><td>$ 82.8</td></tr></table> the effective tax rate for discontinued operations is significantly higher than the statutory rate due to the nondeductibility of certain goodwill of divested businesses . other assets held for sale during the third quarter of fiscal 2006 , the company initiated a plan to dispose of a refrigerated pizza business with annual revenues of less than $ 70 million . during the second quarter of fiscal 2007 , the company disposed of this business for proceeds of approximately $ 22.0 million , resulting in no significant gain or loss . due to the company 2019s expected significant continuing cash flows associated with this business , the results of operations of this business are included in continuing operations for all periods presented . the assets and liabilities of this business are classified as assets and liabilities held for sale in the consolidated balance sheets for all periods prior to the sale . during the second quarter of fiscal 2007 , the company completed the disposal of an oat milling business for proceeds of approximately $ 35.8 million , after final working capital adjustments made during the third quarter . Question: what was the income ( loss ) from discontinued operations net of tax in 2007?

80.8

Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.

expenditures and acquisitions of leased properties are funded by the original contributor of the assets , but no change in ownership interest may result from these contributions . an excess of ashland funded improvements over marathon funded improvements results in a net gain and an excess of marathon funded improvements over ashland funded improvements results in a net loss . cost of revenues increased by $ 8.718 billion in 2003 from 2002 and $ 367 million in 2002 from 2001 . the increases in the oerb segment were primarily a result of higher natural gas and liquid hydrocarbon costs . the increases in the rm&t segment primarily reflected higher acquisition costs for crude oil , refined products , refinery charge and blend feedstocks and increased manufacturing expenses . selling , general and administrative expenses increased by $ 107 million in 2003 from 2002 and $ 125 million in 2002 from 2001 . the increase in 2003 was primarily a result of increased employee benefits ( caused by increased pension expense resulting from changes in actuarial assumptions and a decrease in realized returns on plan assets ) and other employee related costs . also , marathon changed assumptions in the health care cost trend rate from 7.5% ( 7.5 % ) to 10% ( 10 % ) , resulting in higher retiree health care costs . additionally , during 2003 , marathon recorded a charge of $ 24 million related to organizational and business process changes . the increase in 2002 primarily reflected increased employee related costs . inventory market valuation reserve is established to reduce the cost basis of inventories to current market value . the 2002 results of operations include credits to income from operations of $ 71 million , reversing the imv reserve at december 31 , 2001 . for additional information on this adjustment , see 201cmanagement 2019s discussion and analysis of critical accounting estimates 2013 net realizable value of inventories 201d on page 31 . net interest and other financial costs decreased by $ 82 million in 2003 from 2002 , following an increase of $ 96 million in 2002 from 2001 . the decrease in 2003 is primarily due to an increase in capitalized interest related to increased long-term construction projects , the favorable effect of interest rate swaps , the favorable effect of interest on tax deficiencies and increased interest income on investments . the increase in 2002 was primarily due to higher average debt levels resulting from acquisitions and the separation . additionally , included in net interest and other financing costs are foreign currency gains of $ 13 million and $ 8 million for 2003 and 2002 and losses of $ 5 million for 2001 . loss from early extinguishment of debt in 2002 was attributable to the retirement of $ 337 million aggregate principal amount of debt , resulting in a loss of $ 53 million . as a result of the adoption of statement of financial accounting standards no . 145 201crescission of fasb statements no . 4 , 44 , and 64 , amendment of fasb statement no . 13 , and technical corrections 201d ( 201csfas no . 145 201d ) , the loss from early extinguishment of debt that was previously reported as an extraordinary item ( net of taxes of $ 20 million ) has been reclassified into income before income taxes . the adoption of sfas no . 145 had no impact on net income for 2002 . minority interest in income of map , which represents ashland 2019s 38 percent ownership interest , increased by $ 129 million in 2003 from 2002 , following a decrease of $ 531 million in 2002 from 2001 . map income was higher in 2003 compared to 2002 as discussed below in the rm&t segment . map income was significantly lower in 2002 compared to 2001 as discussed below in the rm&t segment . provision for income taxes increased by $ 215 million in 2003 from 2002 , following a decrease of $ 458 million in 2002 from 2001 , primarily due to $ 720 million increase and $ 1.356 billion decrease in income before income taxes . the effective tax rate for 2003 was 36.6% ( 36.6 % ) compared to 42.1% ( 42.1 % ) and 37.1% ( 37.1 % ) for 2002 and 2001 . the higher rate in 2002 was due to the united kingdom enactment of a supplementary 10 percent tax on profits from the north sea oil and gas production , retroactively effective to april 17 , 2002 . in 2002 , marathon recognized a one-time noncash deferred tax adjustment of $ 61 million as a result of the rate increase . the following is an analysis of the effective tax rate for the periods presented: . <table class='wikitable'><tr><td>1</td><td>-</td><td>2003</td><td>2002</td><td>2001</td></tr><tr><td>2</td><td>statutory tax rate</td><td>35.0% ( 35.0 % )</td><td>35.0% ( 35.0 % )</td><td>35.0% ( 35.0 % )</td></tr><tr><td>3</td><td>effects of foreign operations ( a )</td><td>-0.4 ( 0.4 )</td><td>5.6</td><td>-0.7 ( 0.7 )</td></tr><tr><td>4</td><td>state and local income taxes after federal income tax effects</td><td>2.2</td><td>3.9</td><td>3.0</td></tr><tr><td>5</td><td>other federal tax effects</td><td>-0.2 ( 0.2 )</td><td>-2.4 ( 2.4 )</td><td>-0.2 ( 0.2 )</td></tr><tr><td>6</td><td>effective tax rate</td><td>36.6% ( 36.6 % )</td><td>42.1% ( 42.1 % )</td><td>37.1% ( 37.1 % )</td></tr></table> ( a ) the deferred tax effect related to the enactment of a supplemental tax in the u.k . increased the effective tax rate 7.0 percent in 2002. . Question: what was the state and local income taxes after federal income tax effects in 2003? Answer: 2.2 Question: what was the state and local income taxes after federal income tax effects in 2002? Answer: 3.9 Question: what is the net change? Answer: -1.7 Question: what was the state and local income taxes after federal income tax effects in 2002? Answer: 3.9 Question: what was the percent change?

-0.4359

Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.

management 2019s discussion and analysis of financial condition and results of operations 2013 ( continued ) ( amounts in millions , except per share amounts ) corporate and other expenses decreased slightly during 2012 by $ 4.7 to $ 137.3 compared to 2011 , primarily due to lower office and general expenses , partially offset by an increase in temporary help to support our information-technology system-upgrade initiatives . liquidity and capital resources cash flow overview the following tables summarize key financial data relating to our liquidity , capital resources and uses of capital. . <table class='wikitable'><tr><td>1</td><td>cash flow data</td><td>years ended december 31 , 2013</td><td>years ended december 31 , 2012</td><td>years ended december 31 , 2011</td></tr><tr><td>2</td><td>net income adjusted to reconcile net income to net cashprovided by operating activities1</td><td>$ 598.4</td><td>$ 697.2</td><td>$ 735.7</td></tr><tr><td>3</td><td>net cash used in working capital b2</td><td>-9.6 ( 9.6 )</td><td>-293.2 ( 293.2 )</td><td>-359.4 ( 359.4 )</td></tr><tr><td>4</td><td>changes in other non-current assets and liabilities using cash</td><td>4.1</td><td>-46.8 ( 46.8 )</td><td>-102.8 ( 102.8 )</td></tr><tr><td>5</td><td>net cash provided by operating activities</td><td>$ 592.9</td><td>$ 357.2</td><td>$ 273.5</td></tr><tr><td>6</td><td>net cash used in investing activities</td><td>-224.5 ( 224.5 )</td><td>-210.2 ( 210.2 )</td><td>-58.8 ( 58.8 )</td></tr><tr><td>7</td><td>net cash ( used in ) provided by financing activities</td><td>-1212.3 ( 1212.3 )</td><td>131.3</td><td>-541.0 ( 541.0 )</td></tr></table> 1 reflects net income adjusted primarily for depreciation and amortization of fixed assets and intangible assets , amortization of restricted stock and other non-cash compensation , non-cash loss related to early extinguishment of debt , and deferred income taxes . 2 reflects changes in accounts receivable , expenditures billable to clients , other current assets , accounts payable and accrued liabilities . operating activities net cash provided by operating activities during 2013 was $ 592.9 , which was an increase of $ 235.7 as compared to 2012 , primarily as a result of an improvement in working capital usage of $ 283.6 , offset by a decrease in net income . due to the seasonality of our business , we typically generate cash from working capital in the second half of a year and use cash from working capital in the first half of a year , with the largest impacts in the first and fourth quarters . the improvement in working capital in 2013 was impacted by our media businesses and an ongoing focus on working capital management at our agencies . net cash provided by operating activities during 2012 was $ 357.2 , which was an increase of $ 83.7 as compared to 2011 , primarily as a result of a decrease in working capital usage of $ 66.2 . the net working capital usage in 2012 was primarily impacted by our media businesses . the timing of media buying on behalf of our clients affects our working capital and operating cash flow . in most of our businesses , our agencies enter into commitments to pay production and media costs on behalf of clients . to the extent possible we pay production and media charges after we have received funds from our clients . the amounts involved substantially exceed our revenues , and primarily affect the level of accounts receivable , expenditures billable to clients , accounts payable and accrued liabilities . our assets include both cash received and accounts receivable from clients for these pass-through arrangements , while our liabilities include amounts owed on behalf of clients to media and production suppliers . our accrued liabilities are also affected by the timing of certain other payments . for example , while annual cash incentive awards are accrued throughout the year , they are generally paid during the first quarter of the subsequent year . investing activities net cash used in investing activities during 2013 primarily relates to payments for capital expenditures and acquisitions . capital expenditures of $ 173.0 relate primarily to computer hardware and software and leasehold improvements . we made payments of $ 61.5 related to acquisitions completed during 2013. . Question: what was the net cash provided by operating activities in 2013? Answer: 592.9 Question: and what was the net cash used in investing activities in that same year? Answer: -224.5 Question: what was, then, the balance between the provided and the spent net cash in that year? Answer: 368.4 Question: and what would be the total net change, considering this balance and the net cash ( used in ) provided by financing activities?

-843.9

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.

notes to the consolidated financial statements 40 2016 ppg annual report and form 10-k 1 . summary of significant accounting policies principles of consolidation the accompanying consolidated financial statements include the accounts of ppg industries , inc . ( 201cppg 201d or the 201ccompany 201d ) and all subsidiaries , both u.s . and non-u.s. , that it controls . ppg owns more than 50% ( 50 % ) of the voting stock of most of the subsidiaries that it controls . for those consolidated subsidiaries in which the company 2019s ownership is less than 100% ( 100 % ) , the outside shareholders 2019 interests are shown as noncontrolling interests . investments in companies in which ppg owns 20% ( 20 % ) to 50% ( 50 % ) of the voting stock and has the ability to exercise significant influence over operating and financial policies of the investee are accounted for using the equity method of accounting . as a result , ppg 2019s share of the earnings or losses of such equity affiliates is included in the accompanying consolidated statement of income and ppg 2019s share of these companies 2019 shareholders 2019 equity is included in 201cinvestments 201d in the accompanying consolidated balance sheet . transactions between ppg and its subsidiaries are eliminated in consolidation . use of estimates in the preparation of financial statements the preparation of financial statements in conformity with u.s . generally accepted accounting principles requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and the disclosure of contingent assets and liabilities at the date of the financial statements , as well as the reported amounts of income and expenses during the reporting period . such estimates also include the fair value of assets acquired and liabilities assumed resulting from the allocation of the purchase price related to business combinations consummated . actual outcomes could differ from those estimates . revenue recognition the company recognizes revenue when the earnings process is complete . revenue is recognized by all operating segments when goods are shipped and title to inventory and risk of loss passes to the customer or when services have been rendered . shipping and handling costs amounts billed to customers for shipping and handling are reported in 201cnet sales 201d in the accompanying consolidated statement of income . shipping and handling costs incurred by the company for the delivery of goods to customers are included in 201ccost of sales , exclusive of depreciation and amortization 201d in the accompanying consolidated statement of income . selling , general and administrative costs amounts presented as 201cselling , general and administrative 201d in the accompanying consolidated statement of income are comprised of selling , customer service , distribution and advertising costs , as well as the costs of providing corporate- wide functional support in such areas as finance , law , human resources and planning . distribution costs pertain to the movement and storage of finished goods inventory at company- owned and leased warehouses and other distribution facilities . advertising costs advertising costs are expensed as incurred and totaled $ 322 million , $ 324 million and $ 297 million in 2016 , 2015 and 2014 , respectively . research and development research and development costs , which consist primarily of employee related costs , are charged to expense as incurred. . <table class='wikitable'><tr><td>1</td><td>( $ in millions )</td><td>2016</td><td>2015</td><td>2014</td></tr><tr><td>2</td><td>research and development 2013 total</td><td>$ 487</td><td>$ 494</td><td>$ 499</td></tr><tr><td>3</td><td>less depreciation on research facilities</td><td>21</td><td>18</td><td>16</td></tr><tr><td>4</td><td>research and development net</td><td>$ 466</td><td>$ 476</td><td>$ 483</td></tr></table> legal costs legal costs , primarily include costs associated with acquisition and divestiture transactions , general litigation , environmental regulation compliance , patent and trademark protection and other general corporate purposes , are charged to expense as incurred . foreign currency translation the functional currency of most significant non-u.s . operations is their local currency . assets and liabilities of those operations are translated into u.s . dollars using year-end exchange rates ; income and expenses are translated using the average exchange rates for the reporting period . unrealized foreign currency translation adjustments are deferred in accumulated other comprehensive loss , a separate component of shareholders 2019 equity . cash equivalents cash equivalents are highly liquid investments ( valued at cost , which approximates fair value ) acquired with an original maturity of three months or less . short-term investments short-term investments are highly liquid , high credit quality investments ( valued at cost plus accrued interest ) that have stated maturities of greater than three months to one year . the purchases and sales of these investments are classified as investing activities in the consolidated statement of cash flows . marketable equity securities the company 2019s investment in marketable equity securities is recorded at fair market value and reported in 201cother current assets 201d and 201cinvestments 201d in the accompanying consolidated balance sheet with changes in fair market value recorded in income for those securities designated as trading securities and in other comprehensive income , net of tax , for those designated as available for sale securities. . Question: what was the value for research and development net from 2015? Answer: 476.0 Question: what was the value in 2014? Answer: 483.0 Question: what is the net change in value? Answer: -7.0 Question: what is the 2014 value?

483.0

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 ) maturities 2014as of december 31 , 2007 , aggregate carrying value of long-term debt , including capital leases , for the next five years and thereafter are estimated to be ( in thousands ) : year ending december 31 . <table class='wikitable'><tr><td>1</td><td>2008</td><td>$ 1817</td></tr><tr><td>2</td><td>2009</td><td>1241</td></tr><tr><td>3</td><td>2010</td><td>78828</td></tr><tr><td>4</td><td>2011</td><td>13714</td></tr><tr><td>5</td><td>2012</td><td>1894998</td></tr><tr><td>6</td><td>thereafter</td><td>2292895</td></tr><tr><td>7</td><td>total cash obligations</td><td>$ 4283493</td></tr><tr><td>8</td><td>accreted value of the discount and premium of 3.00% ( 3.00 % ) notes and 7.125% ( 7.125 % ) notes</td><td>1791</td></tr><tr><td>9</td><td>balance as of december 31 2007</td><td>$ 4285284</td></tr></table> 4 . acquisitions during the years ended december 31 , 2007 , 2006 and 2005 , the company used cash to acquire a total of ( i ) 293 towers and the assets of a structural analysis firm for approximately $ 44.0 million in cash ( ii ) 84 towers and 6 in-building distributed antenna systems for approximately $ 14.3 million and ( iii ) 30 towers for approximately $ 6.0 million in cash , respectively . the tower asset acquisitions were primarily in mexico and brazil under ongoing agreements . during the year ended december 31 , 2005 , the company also completed its merger with spectrasite , inc . pursuant to which the company acquired approximately 7800 towers and 100 in-building distributed antenna systems . under the terms of the merger agreement , in august 2005 , spectrasite , inc . merged with a wholly- owned subsidiary of the company , and each share of spectrasite , inc . common stock converted into the right to receive 3.575 shares of the company 2019s class a common stock . the company issued approximately 169.5 million shares of its class a common stock and reserved for issuance approximately 9.9 million and 6.8 million of class a common stock pursuant to spectrasite , inc . options and warrants , respectively , assumed in the merger . the final allocation of the $ 3.1 billion purchase price is summarized in the company 2019s annual report on form 10-k for the year ended december 31 , 2006 . the acquisitions consummated by the company during 2007 , 2006 and 2005 , have been accounted for under the purchase method of accounting in accordance with sfas no . 141 201cbusiness combinations 201d ( sfas no . 141 ) . the purchase prices have been allocated to the net assets acquired and the liabilities assumed based on their estimated fair values at the date of acquisition . the company primarily acquired its tower assets from third parties in one of two types of transactions : the purchase of a business or the purchase of assets . the structure of each transaction affects the way the company allocates purchase price within the consolidated financial statements . in the case of tower assets acquired through the purchase of a business , such as the company 2019s merger with spectrasite , inc. , the company allocates the purchase price to the assets acquired and liabilities assumed at their estimated fair values as of the date of acquisition . the excess of the purchase price paid by the company over the estimated fair value of net assets acquired has been recorded as goodwill . in the case of an asset purchase , the company first allocates the purchase price to property and equipment for the appraised value of the towers and to identifiable intangible assets ( primarily acquired customer base ) . the company then records any remaining purchase price within intangible assets as a 201cnetwork location intangible . 201d . Question: what was the total cost of the towers acquired in the year of 2005? Answer: 6000000.0 Question: and what was the number of towers bought? Answer: 30.0 Question: what was, then, the average cost per tower? Answer: 200000.0 Question: and what was that number of towers bought counting this year and the next?

377.0

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.

credit commitments and lines of credit the table below summarizes citigroup 2019s credit commitments as of december 31 , 2009 and december 31 , 2008 : in millions of dollars u.s . outside of december 31 , december 31 . <table class='wikitable'><tr><td>1</td><td>in millions of dollars</td><td>u.s .</td><td>outside of u.s .</td><td>december 31 2009</td><td>december 31 2008</td></tr><tr><td>2</td><td>commercial and similar letters of credit</td><td>$ 1321</td><td>$ 5890</td><td>$ 7211</td><td>$ 8215</td></tr><tr><td>3</td><td>one- to four-family residential mortgages</td><td>788</td><td>282</td><td>1070</td><td>937</td></tr><tr><td>4</td><td>revolving open-end loans secured by one- to four-family residential properties</td><td>20914</td><td>3002</td><td>23916</td><td>25212</td></tr><tr><td>5</td><td>commercial real estate construction and land development</td><td>1185</td><td>519</td><td>1704</td><td>2702</td></tr><tr><td>6</td><td>credit card lines</td><td>649625</td><td>135870</td><td>785495</td><td>1002437</td></tr><tr><td>7</td><td>commercial and other consumer loan commitments</td><td>167510</td><td>89832</td><td>257342</td><td>309997</td></tr><tr><td>8</td><td>total</td><td>$ 841343</td><td>$ 235395</td><td>$ 1076738</td><td>$ 1349500</td></tr></table> the majority of unused commitments are contingent upon customers 2019 maintaining specific credit standards . commercial commitments generally have floating interest rates and fixed expiration dates and may require payment of fees . such fees ( net of certain direct costs ) are deferred and , upon exercise of the commitment , amortized over the life of the loan or , if exercise is deemed remote , amortized over the commitment period . commercial and similar letters of credit a commercial letter of credit is an instrument by which citigroup substitutes its credit for that of a customer to enable the customer to finance the purchase of goods or to incur other commitments . citigroup issues a letter on behalf of its client to a supplier and agrees to pay the supplier upon presentation of documentary evidence that the supplier has performed in accordance with the terms of the letter of credit . when a letter of credit is drawn , the customer is then required to reimburse citigroup . one- to four-family residential mortgages a one- to four-family residential mortgage commitment is a written confirmation from citigroup to a seller of a property that the bank will advance the specified sums enabling the buyer to complete the purchase . revolving open-end loans secured by one- to four-family residential properties revolving open-end loans secured by one- to four-family residential properties are essentially home equity lines of credit . a home equity line of credit is a loan secured by a primary residence or second home to the extent of the excess of fair market value over the debt outstanding for the first mortgage . commercial real estate , construction and land development commercial real estate , construction and land development include unused portions of commitments to extend credit for the purpose of financing commercial and multifamily residential properties as well as land development projects . both secured-by-real-estate and unsecured commitments are included in this line , as well as undistributed loan proceeds , where there is an obligation to advance for construction progress payments . however , this line only includes those extensions of credit that , once funded , will be classified as total loans , net on the consolidated balance sheet . credit card lines citigroup provides credit to customers by issuing credit cards . the credit card lines are unconditionally cancellable by the issuer . commercial and other consumer loan commitments commercial and other consumer loan commitments include overdraft and liquidity facilities , as well as commercial commitments to make or purchase loans , to purchase third-party receivables , to provide note issuance or revolving underwriting facilities and to invest in the form of equity . amounts include $ 126 billion and $ 170 billion with an original maturity of less than one year at december 31 , 2009 and december 31 , 2008 , respectively . in addition , included in this line item are highly leveraged financing commitments , which are agreements that provide funding to a borrower with higher levels of debt ( measured by the ratio of debt capital to equity capital of the borrower ) than is generally considered normal for other companies . this type of financing is commonly employed in corporate acquisitions , management buy-outs and similar transactions. . Question: what was the difference in credit card lines between 12/31/08 and 12/31/09? Answer: -216942.0 Question: and the specific value for 2008?

1002437.0

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.

period . the discount reflects our incremental borrowing rate , which matches the lifetime of the liability . significant changes in the discount rate selected or the estimations of sublease income in the case of leases could impact the amounts recorded . other associated costs with restructuring activities we recognize other costs associated with restructuring activities as they are incurred , including moving costs and consulting and legal fees . pensions we sponsor defined benefit pension plans throughout the world . our most significant plans are located in the u.s. , the u.k. , the netherlands and canada . our significant u.s. , u.k . and canadian pension plans are closed to new entrants . we have ceased crediting future benefits relating to salary and service for our u.s. , u.k . and canadian plans . recognition of gains and losses and prior service certain changes in the value of the obligation and in the value of plan assets , which may occur due to various factors such as changes in the discount rate and actuarial assumptions , actual demographic experience and/or plan asset performance are not immediately recognized in net income . such changes are recognized in other comprehensive income and are amortized into net income as part of the net periodic benefit cost . unrecognized gains and losses that have been deferred in other comprehensive income , as previously described , are amortized into compensation and benefits expense as a component of periodic pension expense based on the average expected future service of active employees for our plans in the netherlands and canada , or the average life expectancy of the u.s . and u.k . plan members . after the effective date of the plan amendments to cease crediting future benefits relating to service , unrecognized gains and losses are also be based on the average life expectancy of members in the canadian plans . we amortize any prior service expense or credits that arise as a result of plan changes over a period consistent with the amortization of gains and losses . as of december 31 , 2013 , our pension plans have deferred losses that have not yet been recognized through income in the consolidated financial statements . we amortize unrecognized actuarial losses outside of a corridor , which is defined as 10% ( 10 % ) of the greater of market-related value of plan assets or projected benefit obligation . to the extent not offset by future gains , incremental amortization as calculated above will continue to affect future pension expense similarly until fully amortized . the following table discloses our combined experience loss , the number of years over which we are amortizing the experience loss , and the estimated 2014 amortization of loss by country ( amounts in millions ) : . <table class='wikitable'><tr><td>1</td><td>-</td><td>u.k .</td><td>u.s .</td><td>other</td></tr><tr><td>2</td><td>combined experience loss</td><td>$ 2012</td><td>$ 1219</td><td>$ 402</td></tr><tr><td>3</td><td>amortization period ( in years )</td><td>29</td><td>26</td><td>11 - 23</td></tr><tr><td>4</td><td>estimated 2014 amortization of loss</td><td>$ 53</td><td>$ 44</td><td>$ 10</td></tr></table> the unrecognized prior service cost at december 31 , 2013 was $ 27 million in the u.k . and other plans . for the u.s . pension plans we use a market-related valuation of assets approach to determine the expected return on assets , which is a component of net periodic benefit cost recognized in the consolidated statements of income . this approach recognizes 20% ( 20 % ) of any gains or losses in the current year's value of market-related assets , with the remaining 80% ( 80 % ) spread over the next four years . as this approach recognizes gains or losses over a five-year period , the future value of assets and therefore , our net periodic benefit cost will be impacted as previously deferred gains or losses are recorded . as of december 31 , 2013 , the market-related value of assets was $ 1.8 billion . we do not use the market-related valuation approach to determine the funded status of the u.s . plans recorded in the consolidated statements of financial position . instead , we record and present the funded status in the consolidated statements of financial position based on the fair value of the plan assets . as of december 31 , 2013 , the fair value of plan assets was $ 1.9 billion . our non-u.s . plans use fair value to determine expected return on assets. . Question: what was the experience loss in uk? Answer: 2012.0 Question: what was the experience loss in us?

1219.0

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 was the value of the united parcel service inc . in 2014? Answer: 223.79 Question: and what was the change in its value from 2009 to 2014? Answer: 123.79 Question: how much does this change represent, in percentage, in relation to the original 2009 value?

1.2379

Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.

special purpose entity ( 201cspe 201d ) . the spe obtained a term loan and revolving loan commitment from a third party lender , secured by liens on the assets of the spe , to finance the purchase of the accounts receivable , which included a $ 275 million term loan and a $ 25 million revolving loan commitment . the revolving loan commitment may be increased by an additional $ 35 million as amounts are repaid under the term loan . quintilesims has guaranteed the performance of the obligations of existing and future subsidiaries that sell and service the accounts receivable under the receivables financing facility . the assets of the spe are not available to satisfy any of our obligations or any obligations of our subsidiaries . as of december 31 , 2016 , the full $ 25 million of revolving loan commitment was available under the receivables financing facility . we used the proceeds from the term loan under the receivables financing facility to repay in full the amount outstanding on the then outstanding revolving credit facility under its then outstanding senior secured credit agreement ( $ 150 million ) , to repay $ 25 million of the then outstanding term loan b-3 , to pay related fees and expenses and the remainder was used for general working capital purposes . restrictive covenants our debt agreements provide for certain covenants and events of default customary for similar instruments , including a covenant not to exceed a specified ratio of consolidated senior secured net indebtedness to consolidated ebitda , as defined in the senior secured credit facility and a covenant to maintain a specified minimum interest coverage ratio . if an event of default occurs under any of the company 2019s or the company 2019s subsidiaries 2019 financing arrangements , the creditors under such financing arrangements will be entitled to take various actions , including the acceleration of amounts due under such arrangements , and in the case of the lenders under the revolving credit facility and new term loans , other actions permitted to be taken by a secured creditor . our long-term debt arrangements contain usual and customary restrictive covenants that , among other things , place limitations on our ability to declare dividends . for additional information regarding these restrictive covenants , see part ii , item 5 201cmarket for registrant 2019s common equity , related stockholder matters and issuer purchases of equity securities 2014dividend policy 201d and note 11 to our audited consolidated financial statements included elsewhere in this annual report on form 10-k . at december 31 , 2016 , the company was in compliance with the financial covenants under the company 2019s financing arrangements . years ended december 31 , 2016 , 2015 and 2014 cash flow from operating activities . <table class='wikitable'><tr><td>1</td><td>( in millions )</td><td>year ended december 31 , 2016</td><td>year ended december 31 , 2015</td><td>year ended december 31 , 2014</td></tr><tr><td>2</td><td>net cash provided by operating activities</td><td>$ 860</td><td>$ 476</td><td>$ 433</td></tr></table> 2016 compared to 2015 cash provided by operating activities increased $ 384 million in 2016 as compared to 2015 . the increase in cash provided by operating activities reflects the increase in net income as adjusted for non-cash items necessary to reconcile net income to cash provided by operating activities . also contributing to the increase were lower payments for income taxes ( $ 15 million ) , and lower cash used in days sales outstanding ( 201cdso 201d ) and accounts payable and accrued expenses . the lower cash used in dso reflects a two-day increase in dso in 2016 compared to a seven-day increase in dso in 2015 . dso can shift significantly at each reporting period depending on the timing of cash receipts under contractual payment terms relative to the recognition of revenue over a project lifecycle. . Question: what was the change in the net cash provided by operating activities from 2014 to 2015? Answer: 43.0 Question: and how much does this change represent in relation to the net cash provided by operating activities in 2014, in percentage?

0.09931

Read the following texts and table with financial data from an S&P 500 earnings report 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 7a quantitative and qualitative disclosures about market risk we are exposed to market risk stemming from changes in interest rates , foreign exchange rates , commodity prices and equity prices . changes in these factors could cause fluctuations in our earnings and cash flows . in the normal course of business , we actively manage our exposure to these market risks by entering into various hedging trans- actions , authorized under our policies that place clear controls on these activities . the counterparties in these transactions are generally highly rated institutions . we establish credit limits for each counterparty . our hedging transactions include but are not limited to a variety of deriv- ative financial instruments . interest rates we manage our debt structure and our interest rate risk through the use of fixed- and floating-rate debt and derivatives . we use interest rate swaps and forward-starting interest rate swaps to hedge our exposure to interest rate changes and to reduce volatility of our financing costs . generally under these swaps , we agree with a counterparty to exchange the difference between fixed- rate and floating-rate interest amounts based on an agreed notional principal amount . our primary exposure is to u.s . interest rates . as of may 28 , 2006 , we had $ 7.0 billion of aggregate notional principal amount ( the principal amount on which the fixed or floating interest rate is calculated ) outstanding . this includes notional amounts of offsetting swaps that neutralize our exposure to interest rates on other interest rate swaps . see note six to the consolidated finan- cial statements on pages 40 through 42 in item eight of this report . foreign currency rates foreign currency fluctuations can affect our net investments and earnings denominated in foreign currencies . we primarily use foreign currency forward contracts and option contracts to selectively hedge our cash flow exposure to changes in exchange rates . these contracts function as hedges , since they change in value inversely to the change created in the underlying exposure as foreign exchange rates fluctuate . our primary u.s . dollar exchange rate exposures are with the canadian dollar , the euro , the australian dollar , the mexican peso and the british pound . commodities many commodities we use in the produc- tion and distribution of our products are exposed to market price risks . we manage this market risk through an inte- grated set of financial instruments , including purchase orders , noncancelable contracts , futures contracts , options and swaps . our primary commodity price exposures are to cereal grains , sugar , dairy products , vegetables , fruits , meats , vegetable oils , and other agricultural products , as well as paper and plastic packaging materials , operating supplies and energy . equity instruments equity price movements affect our compensation expense as certain investments owned by our employees are revalued . we use equity swaps to manage this market risk . value at risk these estimates are intended to measure the maximum potential fair value we could lose in one day from adverse changes in market interest rates , foreign exchange rates , commodity prices , or equity prices under normal market conditions . a monte carlo ( var ) method- ology was used to quantify the market risk for our exposures . the models assumed normal market conditions and used a 95 percent confidence level . the var calculation used historical interest rates , foreign exchange rates and commodity and equity prices from the past year to estimate the potential volatility and correlation of these rates in the future . the market data were drawn from the riskmetricstm data set . the calculations are not intended to represent actual losses in fair value that we expect to incur . further , since the hedging instrument ( the derivative ) inversely correlates with the underlying expo- sure , we would expect that any loss or gain in the fair value of our derivatives would be generally offset by an increase or decrease in the fair value of the underlying exposures . the positions included in the calculations were : debt ; invest- ments ; interest rate swaps ; foreign exchange forwards ; commodity swaps , futures and options ; and equity instru- ments . the calculations do not include the underlying foreign exchange and commodities-related positions that are hedged by these market-risk-sensitive instruments . the table below presents the estimated maximum poten- tial one-day loss in fair value for our interest rate , foreign currency , commodity and equity market-risk-sensitive instruments outstanding on may 28 , 2006 and may 29 , 2005 , and the average amount outstanding during the year ended may 28 , 2006 . the amounts were calculated using the var methodology described above. . <table class='wikitable'><tr><td>1</td><td>in millions</td><td>fair value impact may 282006</td><td>fair value impact averageduring2006</td><td>fair value impact may 292005</td></tr><tr><td>2</td><td>interest rate instruments</td><td>$ 8</td><td>$ 10</td><td>$ 18</td></tr><tr><td>3</td><td>foreign currency instruments</td><td>2</td><td>1</td><td>1</td></tr><tr><td>4</td><td>commodity instruments</td><td>2</td><td>2</td><td>1</td></tr><tr><td>5</td><td>equity instruments</td><td>1</td><td>1</td><td>2013</td></tr></table> . Question: what is the sum of the fair value of interest instruments and foreign currency instruments in 2006? Answer: 10.0 Question: what is the value of commodity instruments in 2006?

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.

business-related metrics as of or for the year ended december 31 . <table class='wikitable'><tr><td>1</td><td>( in billions except ratios )</td><td>2003</td><td>2002</td><td>change</td></tr><tr><td>2</td><td>loan and lease receivables</td><td>$ 43.2</td><td>$ 37.4</td><td>16% ( 16 % )</td></tr><tr><td>3</td><td>average loan and lease receivables</td><td>41.7</td><td>31.7</td><td>32</td></tr><tr><td>4</td><td>automobile origination volume</td><td>27.8</td><td>25.3</td><td>10</td></tr><tr><td>5</td><td>automobile market share</td><td>6.1% ( 6.1 % )</td><td>5.7% ( 5.7 % )</td><td>40bp</td></tr><tr><td>6</td><td>30+ day delinquency rate</td><td>1.46</td><td>1.54</td><td>-8 ( 8 )</td></tr><tr><td>7</td><td>net charge-off ratio</td><td>0.41</td><td>0.51</td><td>-10 ( 10 )</td></tr><tr><td>8</td><td>overhead ratio</td><td>35</td><td>36</td><td>-100 ( 100 )</td></tr></table> crb is the no . 1 bank in the new york tri-state area and a top five bank in texas ( both ranked by retail deposits ) , providing payment , liquidity , investment , insurance and credit products and services to three primary customer segments : small busi- ness , affluent and retail . within these segments , crb serves 326000 small businesses , 433000 affluent consumers and 2.6 million mass-market consumers . crb 2019s continued focus on expanding customer relationships resulted in a 14% ( 14 % ) increase in core deposits ( for this purpose , core deposits are total deposits less time deposits ) from december 31 , 2002 , and a 77% ( 77 % ) increase in the cross-sell of chase credit products over 2002 . in 2003 , mortgage and home equity originations through crb 2019s distribution channels were $ 3.4 billion and $ 4.7 billion , respectively . branch-originated credit cards totaled 77000 , contributing to 23% ( 23 % ) of crb customers holding chase credit cards . crb is compensated by cfs 2019s credit businesses for the home finance and credit card loans it origi- nates and does not retain these balances . chase regional banking while crb continues to position itself for growth , decreased deposit spreads related to the low-rate environment and increased credit costs resulted in an 80% ( 80 % ) decline in crb operating earnings from 2002 . this decrease was partly offset by an 8% ( 8 % ) increase in total average deposits . operating revenue of $ 2.6 billion decreased by 9% ( 9 % ) compared with 2002 . net interest income declined by 11% ( 11 % ) to $ 1.7 billion , primarily attributable to the lower interest rate environment . noninterest revenue decreased 6% ( 6 % ) to $ 927 million due to lower deposit service fees , decreased debit card fees and one-time gains in 2002 . crb 2019s revenue does not include funding profits earned on its deposit base ; these amounts are included in the results of global treasury . operating expense of $ 2.4 billion increased by 7% ( 7 % ) from 2002 . the increase was primarily due to investments in technology within the branch network ; also contributing were higher compensation expenses related to increased staff levels and higher severance costs as a result of continued restructuring . this increase in operating caf is the largest u.s . bank originator of automobile loans and leases , with more than 2.9 million accounts . in 2003 , caf had a record number of automobile loan and lease originations , growing by 10% ( 10 % ) over 2002 to $ 27.8 billion . loan and lease receivables of $ 43.2 billion at december 31 , 2003 , were 16% ( 16 % ) higher than at the prior year-end . despite a challenging operating environment reflecting slightly declining new car sales in 2003 and increased competition , caf 2019s market share among automobile finance companies improved to 6.1% ( 6.1 % ) in 2003 from 5.7% ( 5.7 % ) in 2002 . the increase in market share was the result of strong organic growth and an origination strategy that allies the business with manufac- turers and dealers . caf 2019s relationships with several major car manufacturers contributed to 2003 growth , as did caf 2019s dealer relationships , which increased from approximately 12700 dealers in 2002 to approximately 13700 dealers in 2003 . in 2003 , operating earnings were $ 205 million , 23% ( 23 % ) higher compared with 2002 . the increase in earnings was driven by continued revenue growth and improved operating efficiency . in 2003 , caf 2019s operating revenue grew by 23% ( 23 % ) to $ 842 million . net interest income grew by 33% ( 33 % ) compared with 2002 . the increase was driven by strong operating performance due to higher average loans and leases outstanding , reflecting continued strong origination volume and lower funding costs . operating expense of $ 292 million increased by 18% ( 18 % ) compared with 2002 . the increase in expenses was driven by higher average chase auto finance loans outstanding , higher origination volume and higher perform- ance-based incentives . caf 2019s overhead ratio improved from 36% ( 36 % ) in 2002 to 35% ( 35 % ) in 2003 , as a result of strong revenue growth , con- tinued productivity gains and disciplined expense management . credit costs increased 18% ( 18 % ) to $ 205 million , primarily reflecting a 32% ( 32 % ) increase in average loan and lease receivables . credit quality continued to be strong relative to 2002 , as evidenced by a lower net charge-off ratio and 30+ day delinquency rate . caf also comprises chase education finance , a top provider of government-guaranteed and private loans for higher education . loans are provided through a joint venture with sallie mae , a government-sponsored enterprise and the leader in funding and servicing education loans . chase education finance 2019s origination volume totaled $ 2.7 billion , an increase of 4% ( 4 % ) from last year . management 2019s discussion and analysis j.p . morgan chase & co . 42 j.p . morgan chase & co . / 2003 annual report . Question: what is the operating earnings increase of 2003 compared with 2002 in percent?

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.

management 2019s discussion and analysis of financial condition and results of operations ( continued ) funding deposits : we provide products and services including custody , accounting , administration , daily pricing , foreign exchange services , cash management , financial asset management , securities finance and investment advisory services . as a provider of these products and services , we generate client deposits , which have generally provided a stable , low-cost source of funds . as a global custodian , clients place deposits with state street entities in various currencies . we invest these client deposits in a combination of investment securities and short- duration financial instruments whose mix is determined by the characteristics of the deposits . for the past several years , we have experienced higher client deposit inflows toward the end of the quarter or the end of the year . as a result , we believe average client deposit balances are more reflective of ongoing funding than period-end balances . table 33 : client deposits average balance december 31 , year ended december 31 . <table class='wikitable'><tr><td>1</td><td>( in millions )</td><td>december 31 , 2014</td><td>december 31 , 2013</td><td>december 31 , 2014</td><td>2013</td></tr><tr><td>2</td><td>client deposits ( 1 )</td><td>$ 195276</td><td>$ 182268</td><td>$ 167470</td><td>$ 143043</td></tr></table> client deposits ( 1 ) $ 195276 $ 182268 $ 167470 $ 143043 ( 1 ) balance as of december 31 , 2014 excluded term wholesale certificates of deposit , or cds , of $ 13.76 billion ; average balances for the year ended december 31 , 2014 and 2013 excluded average cds of $ 6.87 billion and $ 2.50 billion , respectively . short-term funding : our corporate commercial paper program , under which we can issue up to $ 3.0 billion of commercial paper with original maturities of up to 270 days from the date of issuance , had $ 2.48 billion and $ 1.82 billion of commercial paper outstanding as of december 31 , 2014 and 2013 , respectively . our on-balance sheet liquid assets are also an integral component of our liquidity management strategy . these assets provide liquidity through maturities of the assets , but more importantly , they provide us with the ability to raise funds by pledging the securities as collateral for borrowings or through outright sales . in addition , our access to the global capital markets gives us the ability to source incremental funding at reasonable rates of interest from wholesale investors . as discussed earlier under 201casset liquidity , 201d state street bank's membership in the fhlb allows for advances of liquidity with varying terms against high-quality collateral . short-term secured funding also comes in the form of securities lent or sold under agreements to repurchase . these transactions are short-term in nature , generally overnight , and are collateralized by high-quality investment securities . these balances were $ 8.93 billion and $ 7.95 billion as of december 31 , 2014 and 2013 , respectively . state street bank currently maintains a line of credit with a financial institution of cad $ 800 million , or approximately $ 690 million as of december 31 , 2014 , to support its canadian securities processing operations . the line of credit has no stated termination date and is cancelable by either party with prior notice . as of december 31 , 2014 , there was no balance outstanding on this line of credit . long-term funding : as of december 31 , 2014 , state street bank had board authority to issue unsecured senior debt securities from time to time , provided that the aggregate principal amount of such unsecured senior debt outstanding at any one time does not exceed $ 5 billion . as of december 31 , 2014 , $ 4.1 billion was available for issuance pursuant to this authority . as of december 31 , 2014 , state street bank also had board authority to issue an additional $ 500 million of subordinated debt . we maintain an effective universal shelf registration that allows for the public offering and sale of debt securities , capital securities , common stock , depositary shares and preferred stock , and warrants to purchase such securities , including any shares into which the preferred stock and depositary shares may be convertible , or any combination thereof . we have issued in the past , and we may issue in the future , securities pursuant to our shelf registration . the issuance of debt or equity securities will depend on future market conditions , funding needs and other factors . agency credit ratings our ability to maintain consistent access to liquidity is fostered by the maintenance of high investment-grade ratings as measured by the major independent credit rating agencies . factors essential to maintaining high credit ratings include diverse and stable core earnings ; relative market position ; strong risk management ; strong capital ratios ; diverse liquidity sources , including the global capital markets and client deposits ; strong liquidity monitoring procedures ; and preparedness for current or future regulatory developments . high ratings limit borrowing costs and enhance our liquidity by providing assurance for unsecured funding and depositors , increasing the potential market for our debt and improving our ability to offer products , serve markets , and engage in transactions in which clients value high credit ratings . a downgrade or reduction of our credit ratings could have a material adverse effect on our liquidity by restricting our ability to access the capital . Question: what was the value of deposits of clients in 2014?

195276.0

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 company stock performance the following graph shows a five-year comparison of cumulative total shareholder return , calculated on a dividend reinvested basis , for the company , the s&p 500 index , the s&p computer hardware index , and the dow jones u.s . technology supersector index . the graph assumes $ 100 was invested in each of the company 2019s common stock , the s&p 500 index , the s&p computer hardware index , and the dow jones u.s . technology supersector index as of the market close on september 30 , 2008 . data points on the graph are annual . note that historic stock price performance is not necessarily indicative of future stock price performance . fiscal year ending september 30 . copyright 2013 s&p , a division of the mcgraw-hill companies inc . all rights reserved . copyright 2013 dow jones & co . all rights reserved . *$ 100 invested on 9/30/08 in stock or index , including reinvestment of dividends . september 30 , september 30 , september 30 , september 30 , september 30 , september 30 . <table class='wikitable'><tr><td>1</td><td>-</td><td>september 30 2008</td><td>september 30 2009</td><td>september 30 2010</td><td>september 30 2011</td><td>september 30 2012</td><td>september 30 2013</td></tr><tr><td>2</td><td>apple inc .</td><td>$ 100</td><td>$ 163</td><td>$ 250</td><td>$ 335</td><td>$ 589</td><td>$ 431</td></tr><tr><td>3</td><td>s&p 500 index</td><td>$ 100</td><td>$ 93</td><td>$ 103</td><td>$ 104</td><td>$ 135</td><td>$ 161</td></tr><tr><td>4</td><td>s&p computer hardware index</td><td>$ 100</td><td>$ 118</td><td>$ 140</td><td>$ 159</td><td>$ 255</td><td>$ 197</td></tr><tr><td>5</td><td>dow jones us technology supersector index</td><td>$ 100</td><td>$ 111</td><td>$ 124</td><td>$ 128</td><td>$ 166</td><td>$ 175</td></tr></table> . Question: what was the difference in price for apple between 2008 and 2013? Answer: 331.0 Question: and the percentage growth? Answer: 3.31 Question: and the difference for the s&p computer hardware index over the same period? Answer: 97.0 Question: and the starting price for the index? Answer: 100.0 Question: so what was the percentage growth? Answer: 0.97 Question: and the difference between these two growth rates?

2.34

Read the following texts and table with financial data from an S&P 500 earnings report 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 containerboard group ( a division of tenneco packaging inc. ) notes to combined financial statements ( continued ) april 11 , 1999 5 . pension and other benefit plans ( continued ) the funded status of the group 2019s allocation of defined benefit plans , excluding the retirement plan , reconciles with amounts recognized in the 1998 statements of assets and liabilities and interdivision account as follows ( in thousands ) : actuarial present value at september 30 , 1998 2014 . <table class='wikitable'><tr><td>1</td><td>vested benefit obligation</td><td>$ -98512 ( 98512 )</td></tr><tr><td>2</td><td>accumulated benefit obligation</td><td>-108716 ( 108716 )</td></tr><tr><td>3</td><td>projected benefit obligation</td><td>$ -108716 ( 108716 )</td></tr><tr><td>4</td><td>plan assets at fair value at september 30 1998</td><td>146579</td></tr><tr><td>5</td><td>unrecognized transition liability</td><td>-1092 ( 1092 )</td></tr><tr><td>6</td><td>unrecognized net gain</td><td>-14623 ( 14623 )</td></tr><tr><td>7</td><td>unrecognized prior service cost</td><td>13455</td></tr><tr><td>8</td><td>prepaid pension cost at december 31 1998</td><td>$ 35603</td></tr></table> the weighted average discount rate used in determining the actuarial present value of the benefit obligations was 7.00% ( 7.00 % ) for the year ended december 31 , 1998 . the weighted average expected long-term rate of return on plan assets was 10% ( 10 % ) for 1998 . middle management employees participate in a variety of incentive compensation plans . these plans provide for incentive payments based on the achievement of certain targeted operating results and other specific business goals . the targeted operating results are determined each year by senior management of packaging . the amounts charged to expense for these plans were $ 1599000 for the period ended april 11 , 1999 . in june , 1992 , tenneco initiated an employee stock purchase plan ( 2018 2018espp 2019 2019 ) . the plan allows u.s . and canadian employees of the group to purchase tenneco inc . common stock through payroll deductions at a 15% ( 15 % ) discount . each year , an employee in the plan may purchase shares with a discounted value not to exceed $ 21250 . the weighted average fair value of the employee purchase right , which was estimated using the black-scholes option pricing model and the assumptions described below except that the average life of each purchase right was assumed to be 90 days , was $ 6.31 for the period ended december 31 , 1998 . the espp was terminated as of september 30 , 1996 . tenneco adopted a new employee stock purchase plan effective april 1 , 1997 . under the respective espps , tenneco sold 36883 shares to group employees for the period ended april 11 , 1999 . in december , 1996 , tenneco adopted the 1996 stock ownership plan , which permits the granting of a variety of awards , including common stock , restricted stock , performance units , stock appreciation rights , and stock options to officers and employees of tenneco . tenneco can issue up to 17000000 shares of common stock under this plan , which will terminate december 31 , 2001 . the april 11 , 1999 , fair market value of the options granted was calculated using tenneco 2019s stock price at the grant date and multiplying the amount by the historical percentage of past black-scholes pricing values fair value ( approximately 25% ( 25 % ) ) . the fair value of each stock option issued by tenneco to the group in prior periods was estimated on the date of grant using the black-sholes option pricing model using the following ranges of weighted average assumptions for grants during the past three . Question: what was the unrecognized prior service cost as a percentage of prepaid pension cost at 12/31/98?

0.37792

Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.

39 annual report 2010 duke realty corporation | | related party transactions we provide property and asset management , leasing , construction and other tenant related services to unconsolidated companies in which we have equity interests . for the years ended december 31 , 2010 , 2009 and 2008 , respectively , we earned management fees of $ 7.6 million , $ 8.4 million and $ 7.8 million , leasing fees of $ 2.7 million , $ 4.2 million and $ 2.8 million and construction and development fees of $ 10.3 million , $ 10.2 million and $ 12.7 million from these companies . we recorded these fees based on contractual terms that approximate market rates for these types of services , and we have eliminated our ownership percentages of these fees in the consolidated financial statements . commitments and contingencies we have guaranteed the repayment of $ 95.4 million of economic development bonds issued by various municipalities in connection with certain commercial developments . we will be required to make payments under our guarantees to the extent that incremental taxes from specified developments are not sufficient to pay the bond debt service . management does not believe that it is probable that we will be required to make any significant payments in satisfaction of these guarantees . we also have guaranteed the repayment of secured and unsecured loans of six of our unconsolidated subsidiaries . at december 31 , 2010 , the maximum guarantee exposure for these loans was approximately $ 245.4 million . with the exception of the guarantee of the debt of 3630 peachtree joint venture , for which we recorded a contingent liability in 2009 of $ 36.3 million , management believes it probable that we will not be required to satisfy these guarantees . we lease certain land positions with terms extending to december 2080 , with a total obligation of $ 103.6 million . no payments on these ground leases are material in any individual year . we are subject to various legal proceedings and claims that arise in the ordinary course of business . in the opinion of management , the amount of any ultimate liability with respect to these actions will not materially affect our consolidated financial statements or results of operations . contractual obligations at december 31 , 2010 , we were subject to certain contractual payment obligations as described in the table below: . <table class='wikitable'><tr><td>1</td><td>contractual obligations</td><td>payments due by period ( in thousands ) total</td><td>payments due by period ( in thousands ) 2011</td><td>payments due by period ( in thousands ) 2012</td><td>payments due by period ( in thousands ) 2013</td><td>payments due by period ( in thousands ) 2014</td><td>payments due by period ( in thousands ) 2015</td><td>payments due by period ( in thousands ) thereafter</td></tr><tr><td>2</td><td>long-term debt ( 1 )</td><td>$ 5413606</td><td>$ 629781</td><td>$ 548966</td><td>$ 725060</td><td>$ 498912</td><td>$ 473417</td><td>$ 2537470</td></tr><tr><td>3</td><td>lines of credit ( 2 )</td><td>214225</td><td>28046</td><td>9604</td><td>176575</td><td>-</td><td>-</td><td>-</td></tr><tr><td>4</td><td>share of debt of unconsolidated joint ventures ( 3 )</td><td>447573</td><td>87602</td><td>27169</td><td>93663</td><td>34854</td><td>65847</td><td>138438</td></tr><tr><td>5</td><td>ground leases</td><td>103563</td><td>2199</td><td>2198</td><td>2169</td><td>2192</td><td>2202</td><td>92603</td></tr><tr><td>6</td><td>operating leases</td><td>2704</td><td>840</td><td>419</td><td>395</td><td>380</td><td>370</td><td>300</td></tr><tr><td>7</td><td>development and construction backlog costs ( 4 )</td><td>521041</td><td>476314</td><td>44727</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>8</td><td>other</td><td>1967</td><td>1015</td><td>398</td><td>229</td><td>90</td><td>54</td><td>181</td></tr><tr><td>9</td><td>total contractual obligations</td><td>$ 6704679</td><td>$ 1225797</td><td>$ 633481</td><td>$ 998091</td><td>$ 536428</td><td>$ 541890</td><td>$ 2768992</td></tr></table> ( 1 ) our long-term debt consists of both secured and unsecured debt and includes both principal and interest . interest expense for variable rate debt was calculated using the interest rates as of december 31 , 2010 . ( 2 ) our unsecured lines of credit consist of an operating line of credit that matures february 2013 and the line of credit of a consolidated subsidiary that matures july 2011 . interest expense for our unsecured lines of credit was calculated using the most recent stated interest rates that were in effect . ( 3 ) our share of unconsolidated joint venture debt includes both principal and interest . interest expense for variable rate debt was calculated using the interest rate at december 31 , 2010 . ( 4 ) represents estimated remaining costs on the completion of owned development projects and third-party construction projects. . Question: what is the total long-term debt? Answer: 5413606.0 Question: what are the total contractual obligations? Answer: 6704679.0 Question: what fraction of total contractual obligations is long-term debt? Answer: 0.80744 Question: what percentage does this represent?

80.7437

Read the following texts and table with financial data from an S&P 500 earnings report 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 indemnification provisions : in addition , the company may provide indemnifications for losses that result from the breach of general warranties contained in certain commercial , intellectual property and divestiture agreements . historically , the company has not made significant payments under these agreements , nor have there been significant claims asserted against the company . however , there is an increasing risk in relation to intellectual property indemnities given the current legal climate . in indemnification cases , payment by the company is conditioned on the other party making a claim pursuant to the procedures specified in the particular contract , which procedures typically allow the company to challenge the other party 2019s claims . further , the company 2019s obligations under these agreements for indemnification based on breach of representations and warranties are generally limited in terms of duration , typically not more than 24 months , and for amounts not in excess of the contract value , and in some instances the company may have recourse against third parties for certain payments made by the company . legal matters : the company is a defendant in various lawsuits , claims and actions , which arise in the normal course of business . in the opinion of management , the ultimate disposition of these matters will not have a material adverse effect on the company 2019s consolidated financial position , liquidity or results of operations . segment information the following commentary should be read in conjunction with the financial results of each operating business segment as detailed in note 12 , 2018 2018information by segment and geographic region , 2019 2019 to the company 2019s consolidated financial statements . net sales and operating results for the company 2019s three operating business segments for 2009 , 2008 and 2007 are presented below . mobile devices segment the mobile devices segment designs , manufactures , sells and services wireless handsets , including smartphones , with integrated software and accessory products , and licenses intellectual property . in 2009 , the segment 2019s net sales represented 32% ( 32 % ) of the company 2019s consolidated net sales , compared to 40% ( 40 % ) in 2008 and 52% ( 52 % ) in 2007. . <table class='wikitable'><tr><td>1</td><td>( dollars in millions )</td><td>years ended december 31 2009</td><td>years ended december 31 2008</td><td>years ended december 31 2007</td><td>years ended december 31 2009 20142008</td><td>2008 20142007</td></tr><tr><td>2</td><td>segment net sales</td><td>$ 7146</td><td>$ 12099</td><td>$ 18988</td><td>( 41 ) % ( % )</td><td>( 36 ) % ( % )</td></tr><tr><td>3</td><td>operating earnings ( loss )</td><td>-1077 ( 1077 )</td><td>-2199 ( 2199 )</td><td>-1201 ( 1201 )</td><td>( 51 ) % ( % )</td><td>83% ( 83 % )</td></tr></table> segment results 20142009 compared to 2008 in 2009 , the segment 2019s net sales were $ 7.1 billion , a decrease of 41% ( 41 % ) compared to net sales of $ 12.1 billion in 2008 . the 41% ( 41 % ) decrease in net sales was primarily driven by a 45% ( 45 % ) decrease in unit shipments , partially offset by an 8% ( 8 % ) increase in average selling price ( 2018 2018asp 2019 2019 ) . the segment 2019s net sales were negatively impacted by reduced product offerings in large market segments , particularly 3g products , including smartphones , and the segment 2019s limited product offerings in very low-tier products . on a product technology basis , net sales decreased substantially for gsm , cdma and 3g technologies , partially offset by an increase in net sales for iden technology . on a geographic basis , net sales decreased substantially in latin america , the europe , middle east and african region ( 2018 2018emea 2019 2019 ) and asia and , to a lesser extent , decreased in north america . the segment incurred an operating loss of $ 1.1 billion in 2009 , an improvement of 51% ( 51 % ) compared to an operating loss of $ 2.2 billion in 2008 . the decrease in the operating loss was primarily due to decreases in : ( i ) selling , general and administrative ( 2018 2018sg&a 2019 2019 ) expenses , primarily due to lower marketing expenses and savings from cost-reduction initiatives , ( ii ) research and development ( 2018 2018r&d 2019 2019 ) expenditures , reflecting savings from cost-reduction initiatives , ( iii ) lower excess inventory and other related charges in 2009 than in 2008 , when the charges included a $ 370 million charge due to a decision to consolidate software and silicon platforms , and ( iv ) the absence in 2009 of a comparable $ 150 million charge in 2008 related to settlement of a purchase commitment , partially offset by a decrease in gross margin , driven by the 41% ( 41 % ) decrease in net sales . as a percentage of net sales in 2009 as compared to 2008 , gross margin and r&d expenditures increased and sg&a expenses decreased . the segment 2019s industry typically experiences short life cycles for new products . therefore , it is vital to the segment 2019s success that new , compelling products are continually introduced . accordingly , a strong commitment to . Question: in the year of 2009, considering the segment 2019s net sales and the percent they represented in relation to the 2019s consolidated net sales, what can be concluded to have been these consolidates sales, in billions? Answer: 22.1875 Question: and in this same year, what was the total of the segment net sales? Answer: 12099.0 Question: what was it in 2008? Answer: 7146.0 Question: how much, then, did the 2009 amount represent in relation to this 2008 one?

1.69312

Read the following texts and table with financial data from an S&P 500 earnings report 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 capital deployment program will be subject to market and economic conditions , applicable legal requirements and other relevant factors . our capital deployment program does not obligate us to continue a dividend for any fixed period , and payment of dividends may be suspended at any time at our discretion . stock performance graph the following stock performance graph and related information shall not be deemed 201csoliciting material 201d or 201cfiled 201d with the securities and exchange commission , nor shall such information be incorporated by reference into any future filings under the securities act of 1933 or the exchange act , each as amended , except to the extent that we specifically incorporate it by reference into such filing . the following stock performance graph compares our cumulative total stockholder return on an annual basis on our common stock with the cumulative total return on the standard and poor 2019s 500 stock index and the amex airline index from december 9 , 2013 ( the first trading day of aag common stock ) through december 31 , 2015 . the comparison assumes $ 100 was invested on december 9 , 2013 in aag common stock and in each of the foregoing indices and assumes reinvestment of dividends . the stock performance shown on the graph below represents historical stock performance and is not necessarily indicative of future stock price performance. . <table class='wikitable'><tr><td>1</td><td>-</td><td>12/9/2013</td><td>12/31/2013</td><td>12/31/2014</td><td>12/31/2015</td></tr><tr><td>2</td><td>american airlines group inc .</td><td>$ 100</td><td>$ 103</td><td>$ 219</td><td>$ 175</td></tr><tr><td>3</td><td>amex airline index</td><td>100</td><td>102</td><td>152</td><td>127</td></tr><tr><td>4</td><td>s&p 500</td><td>100</td><td>102</td><td>114</td><td>113</td></tr></table> purchases of equity securities by the issuer and affiliated purchasers since july 2014 , our board of directors has approved several share repurchase programs aggregating $ 7.0 billion of authority of which , as of december 31 , 2015 , $ 2.4 billion remained unused under repurchase programs . Question: what is the value of an investment in american airlines group in 2015? Answer: 175.0 Question: what about in 2014? Answer: 219.0 Question: what is the net change from 2014 to 2015?

-44.0

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.

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 net change in the estimated fair value of employee stock options between 2007 and 2008? Answer: -2.48 Question: what is that change divided by the 2007 value?

-0.41681

Read the following texts and table with financial data from an S&P 500 earnings report 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 capital deployment program will be subject to market and economic conditions , applicable legal requirements and other relevant factors . our capital deployment program does not obligate us to continue a dividend for any fixed period , and payment of dividends may be suspended at any time at our discretion . stock performance graph the following stock performance graph and related information shall not be deemed 201csoliciting material 201d or 201cfiled 201d with the securities and exchange commission , nor shall such information be incorporated by reference into any future filings under the securities act of 1933 or the exchange act , each as amended , except to the extent that we specifically incorporate it by reference into such filing . the following stock performance graph compares our cumulative total stockholder return on an annual basis on our common stock with the cumulative total return on the standard and poor 2019s 500 stock index and the amex airline index from december 9 , 2013 ( the first trading day of aag common stock ) through december 31 , 2015 . the comparison assumes $ 100 was invested on december 9 , 2013 in aag common stock and in each of the foregoing indices and assumes reinvestment of dividends . the stock performance shown on the graph below represents historical stock performance and is not necessarily indicative of future stock price performance. . <table class='wikitable'><tr><td>1</td><td>-</td><td>12/9/2013</td><td>12/31/2013</td><td>12/31/2014</td><td>12/31/2015</td></tr><tr><td>2</td><td>american airlines group inc .</td><td>$ 100</td><td>$ 103</td><td>$ 219</td><td>$ 175</td></tr><tr><td>3</td><td>amex airline index</td><td>100</td><td>102</td><td>152</td><td>127</td></tr><tr><td>4</td><td>s&p 500</td><td>100</td><td>102</td><td>114</td><td>113</td></tr></table> purchases of equity securities by the issuer and affiliated purchasers since july 2014 , our board of directors has approved several share repurchase programs aggregating $ 7.0 billion of authority of which , as of december 31 , 2015 , $ 2.4 billion remained unused under repurchase programs . Question: what is the value of an investment in american airlines group in 2015? Answer: 175.0 Question: what about in 2014? Answer: 219.0 Question: what is the net change from 2014 to 2015? Answer: -44.0 Question: what percentage change does this represent? Answer: -0.20091 Question: what about the net change in value of an investment in amex airline index from 2013 to 2014? Answer: 50.0 Question: what is the value of the investment in 2013? Answer: 102.0 Question: what percentage change does this represent?

0.4902

Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.

the company recognizes the effect of income tax positions only if sustaining those positions is more likely than not . changes in recognition or measurement are reflected in the period in which a change in judgment occurs . the company records penalties and interest related to unrecognized tax benefits in income taxes in the company 2019s consolidated statements of income . changes in accounting principles business combinations and noncontrolling interests on january 1 , 2009 , the company adopted revised principles related to business combinations and noncontrolling interests . the revised principle on business combinations applies to all transactions or other events in which an entity obtains control over one or more businesses . it requires an acquirer to recognize the assets acquired , the liabilities assumed , and any noncontrolling interest in the acquiree at the acquisition date , measured at their fair values as of that date . business combinations achieved in stages require recognition of the identifiable assets and liabilities , as well as the noncontrolling interest in the acquiree , at the full amounts of their fair values when control is obtained . this revision also changes the requirements for recognizing assets acquired and liabilities assumed arising from contingencies , and requires direct acquisition costs to be expensed . in addition , it provides certain changes to income tax accounting for business combinations which apply to both new and previously existing business combinations . in april 2009 , additional guidance was issued which revised certain business combination guidance related to accounting for contingent liabilities assumed in a business combination . the company has adopted this guidance in conjunction with the adoption of the revised principles related to business combinations . the adoption of the revised principles related to business combinations has not had a material impact on the consolidated financial statements . the revised principle related to noncontrolling interests establishes accounting and reporting standards for the noncontrolling interests in a subsidiary and for the deconsolidation of a subsidiary . the revised principle clarifies that a noncontrolling interest in a subsidiary is an ownership interest in the consolidated entity that should be reported as a separate component of equity in the consolidated statements of financial position . the revised principle requires retrospective adjustments , for all periods presented , of stockholders 2019 equity and net income for noncontrolling interests . in addition to these financial reporting changes , the revised principle provides for significant changes in accounting related to changes in ownership of noncontrolling interests . changes in aon 2019s controlling financial interests in consolidated subsidiaries that do not result in a loss of control are accounted for as equity transactions similar to treasury stock transactions . if a change in ownership of a consolidated subsidiary results in a loss of control and deconsolidation , any retained ownership interests are remeasured at fair value with the gain or loss reported in net income . in previous periods , noncontrolling interests for operating subsidiaries were reported in other general expenses in the consolidated statements of income . prior period amounts have been restated to conform to the current year 2019s presentation . the principal effect on the prior years 2019 balance sheets related to the adoption of the new guidance related to noncontrolling interests is summarized as follows ( in millions ) : . <table class='wikitable'><tr><td>1</td><td>as of december 31</td><td>2008</td><td>2007</td></tr><tr><td>2</td><td>equity as previously reported</td><td>$ 5310</td><td>$ 6221</td></tr><tr><td>3</td><td>increase for reclassification of non-controlling interests</td><td>105</td><td>40</td></tr><tr><td>4</td><td>equity as adjusted</td><td>$ 5415</td><td>$ 6261</td></tr></table> the revised principle also requires that net income be adjusted to include the net income attributable to the noncontrolling interests and a new separate caption for net income attributable to aon stockholders be presented in the consolidated statements of income . the adoption of this new guidance increased net income by $ 16 million and $ 13 million for 2008 and 2007 , respectively . net . Question: what is the net change he reclassification of non-controlling interests from 2007 to 2008? Answer: 65.0 Question: what is the reclassification of non-controlling interests in 2007? Answer: 40.0 Question: what percentage change does this represent? Answer: 1.625 Question: what about the reclassification of non-controlling interests in 2008?

105.0

Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.

entergy louisiana , inc . management's financial discussion and analysis gross operating revenues , fuel and purchased power expenses , and other regulatory credits gross operating revenues increased primarily due to : 2022 an increase of $ 98.0 million in fuel cost recovery revenues due to higher fuel rates ; and 2022 an increase due to volume/weather , as discussed above . the increase was partially offset by the following : 2022 a decrease of $ 31.9 million in the price applied to unbilled sales , as discussed above ; 2022 a decrease of $ 12.2 million in rate refund provisions , as discussed above ; and 2022 a decrease of $ 5.2 million in gross wholesale revenue due to decreased sales to affiliated systems . fuel and purchased power expenses increased primarily due to : 2022 an increase in the recovery from customers of deferred fuel costs ; and 2022 an increase in the market price of natural gas . other regulatory credits increased primarily due to : 2022 the deferral in 2004 of $ 14.3 million of capacity charges related to generation resource planning as allowed by the lpsc ; 2022 the amortization in 2003 of $ 11.8 million of deferred capacity charges , as discussed above ; and 2022 the deferral in 2004 of $ 11.4 million related to entergy's voluntary severance program , in accordance with a proposed stipulation with the lpsc staff . 2003 compared to 2002 net revenue , which is entergy louisiana's measure of gross margin , consists of operating revenues net of : 1 ) fuel , fuel-related , and purchased power expenses and 2 ) other regulatory charges ( credits ) . following is an analysis of the change in net revenue comparing 2003 to 2002. . <table class='wikitable'><tr><td>1</td><td>-</td><td>( in millions )</td></tr><tr><td>2</td><td>2002 net revenue</td><td>$ 922.9</td></tr><tr><td>3</td><td>deferred fuel cost revisions</td><td>59.1</td></tr><tr><td>4</td><td>asset retirement obligation</td><td>8.2</td></tr><tr><td>5</td><td>volume</td><td>-16.2 ( 16.2 )</td></tr><tr><td>6</td><td>vidalia settlement</td><td>-9.2 ( 9.2 )</td></tr><tr><td>7</td><td>other</td><td>8.9</td></tr><tr><td>8</td><td>2003 net revenue</td><td>$ 973.7</td></tr></table> the deferred fuel cost revisions variance resulted from a revised unbilled sales pricing estimate made in december 2002 and a further revision made in the first quarter of 2003 to more closely align the fuel component of that pricing with expected recoverable fuel costs . the asset retirement obligation variance was due to the implementation of sfas 143 , "accounting for asset retirement obligations" adopted in january 2003 . see "critical accounting estimates" for more details on sfas 143 . the increase was offset by decommissioning expense and had no effect on net income . the volume variance was due to a decrease in electricity usage in the service territory . billed usage decreased 1868 gwh in the industrial sector including the loss of a large industrial customer to cogeneration. . Question: what was the total increase in the other regulatory credits in 2003?

37.5

Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.

notes to the consolidated financial statements non-financial assets and liabilities measured at fair value on a non-recurring basis during 2009 , we classified the atlantic star as held for sale and recognized a charge of $ 7.1 million to reduce the carrying value of the ship to its fair value less cost to sell based on a firm offer received during 2009 . this amount was recorded within other operating expenses in our consolidated statement of operations . we determined the fair market value of the atlantic star as of december 31 , 2010 based on comparable ship sales adjusted for the condition , age and size of the ship . we have categorized these inputs as level 3 because they are largely based on our own assump- tions . as of december 31 , 2010 , the carrying amount of the atlantic star which we still believe represents its fair value was $ 46.4 million . the following table presents a reconciliation of the company 2019s fuel call options 2019 beginning and ending balances as follows ( in thousands ) : fair value fair value measurements measurements using significant using significant unobservable unobservable year ended december 31 , 2010 inputs ( level 3 ) year ended december 31 , 2009 inputs ( level 3 ) fuel call options fuel call options balance at january 1 , 2010 $ 9998 balance at january 1 , 2009 $ 2007 2007 2007 2007 2014 total gains or losses ( realized/ unrealized ) total gains or losses ( realized/ unrealized ) . <table class='wikitable'><tr><td>1</td><td>year ended december 31 2010 balance at january 1 2010</td><td>fairvalue measurements using significant unobservable inputs ( level 3 ) fuel call options $ 9998</td><td>year ended december 31 2009 balance at january 1 2009</td><td>fairvalue measurements using significant unobservable inputs ( level 3 ) fuel call options $ 2014</td></tr><tr><td>2</td><td>total gains or losses ( realized /unrealized )</td><td>-</td><td>total gains or losses ( realized /unrealized )</td><td>-</td></tr><tr><td>3</td><td>included in other income ( expense )</td><td>-2824 ( 2824 )</td><td>included in other income ( expense )</td><td>-2538 ( 2538 )</td></tr><tr><td>4</td><td>purchases issuances and settlements</td><td>24539</td><td>purchases issuances and settlements</td><td>12536</td></tr><tr><td>5</td><td>transfers in and/or ( out ) of level 3</td><td>-31713 ( 31713 )</td><td>transfers in and/or ( out ) of level 3</td><td>2014</td></tr><tr><td>6</td><td>balance at december 31 2010</td><td>$ 2014</td><td>balance at december 31 2009</td><td>$ 9998</td></tr><tr><td>7</td><td>the amount of total gains or losses for the period included in other income ( expense ) attributable to the change in unrealized gains or losses relating to assets still held at thereporting date</td><td>$ -2824 ( 2824 )</td><td>the amount of total gains or losses for the period included in other income ( expense ) attributable to the change in unrealized gains or losses relating to assets still held atthe reporting date</td><td>$ -2538 ( 2538 )</td></tr></table> the amount of total gains or losses for the period included in other income ( expense ) attributable to the change in unrealized gains or losses relating to assets still held at the reporting date $ ( 2824 ) the amount of total gains or losses for the period included in other income ( expense ) attributable to the change in unrealized gains or losses relating to assets still held at the reporting date $ ( 2538 ) during the fourth quarter of 2010 , we changed our valuation technique for fuel call options to a market approach method which employs inputs that are observable . the fair value for fuel call options is determined by using the prevailing market price for the instruments consisting of published price quotes for similar assets based on recent transactions in an active market . we believe that level 2 categorization is appropriate due to an increase in the observability and transparency of significant inputs . previously , we derived the fair value of our fuel call options using standard option pricing models with inputs based on the options 2019 contract terms and data either readily available or formulated from public market informa- tion . the fuel call options were categorized as level 3 because certain inputs , principally volatility , were unobservable . net transfers in and/or out of level 3 are reported as having occurred at the end of the quarter in which the transfer occurred ; therefore , gains or losses reflected in the table above for 2010 include fourth quarter fuel call option gains or losses . 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 instru- ments and long-lived assets that could have been realized as of december 31 , 2010 or december 31 , 2009 , or that will be realized in the future and do not include expenses that could be incurred in an actual sale or settlement . derivative instruments we are exposed to market risk attributable to changes in interest rates , foreign currency exchange rates and fuel prices . we manage these risks through a combi- nation of our normal operating and financing activities and through the use of derivative financial instruments pursuant to our hedging practices and policies . the financial impact of these hedging instruments is pri- marily offset by corresponding changes in the under- lying exposures being hedged . we achieve this by closely matching the amount , term and conditions of the derivative instrument with the underlying risk being hedged . we do not hold or issue derivative financial instruments for trading or other speculative purposes . we monitor our derivative positions using techniques including market valuations and sensitivity analyses. . Question: what was the value of purchase issuances and settlements in 2010? Answer: 24539.0 Question: what was the value in 2009? Answer: 12536.0 Question: what is the net change? Answer: 12003.0 Question: what is the change divided by the 2009 value? Answer: 0.95748 Question: what is that displayed as a percent?

95.74825

Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.

the aes corporation notes to consolidated financial statements 2014 ( continued ) december 31 , 2011 , 2010 , and 2009 the preliminary allocation of the purchase price to the fair value of assets acquired and liabilities assumed is as follows ( in millions ) : . <table class='wikitable'><tr><td>1</td><td>cash</td><td>$ 116</td></tr><tr><td>2</td><td>accounts receivable</td><td>278</td></tr><tr><td>3</td><td>inventory</td><td>124</td></tr><tr><td>4</td><td>other current assets</td><td>41</td></tr><tr><td>5</td><td>property plant and equipment</td><td>2549</td></tr><tr><td>6</td><td>intangible assets subject to amortization</td><td>166</td></tr><tr><td>7</td><td>intangible assets 2014indefinite-lived</td><td>5</td></tr><tr><td>8</td><td>regulatory assets</td><td>201</td></tr><tr><td>9</td><td>other noncurrent assets</td><td>58</td></tr><tr><td>10</td><td>current liabilities</td><td>-401 ( 401 )</td></tr><tr><td>11</td><td>non-recourse debt</td><td>-1255 ( 1255 )</td></tr><tr><td>12</td><td>deferred taxes</td><td>-558 ( 558 )</td></tr><tr><td>13</td><td>regulatory liabilities</td><td>-117 ( 117 )</td></tr><tr><td>14</td><td>other noncurrent liabilities</td><td>-195 ( 195 )</td></tr><tr><td>15</td><td>redeemable preferred stock</td><td>-18 ( 18 )</td></tr><tr><td>16</td><td>net identifiable assets acquired</td><td>994</td></tr><tr><td>17</td><td>goodwill</td><td>2489</td></tr><tr><td>18</td><td>net assets acquired</td><td>$ 3483</td></tr></table> at december 31 , 2011 , the assets acquired and liabilities assumed in the acquisition were recorded at provisional amounts based on the preliminary purchase price allocation . the company is in the process of obtaining additional information to identify and measure all assets acquired and liabilities assumed in the acquisition within the measurement period , which could be up to one year from the date of acquisition . such provisional amounts will be retrospectively adjusted to reflect any new information about facts and circumstances that existed at the acquisition date that , if known , would have affected the measurement of these amounts . additionally , key input assumptions and their sensitivity to the valuation of assets acquired and liabilities assumed are currently being reviewed by management . it is likely that the value of the generation business related property , plant and equipment , the intangible asset related to the electric security plan with its regulated customers and long-term coal contracts , the 4.9% ( 4.9 % ) equity ownership interest in the ohio valley electric corporation , and deferred taxes could change as the valuation process is finalized . dpler , dpl 2019s wholly-owned competitive retail electric service ( 201ccres 201d ) provider , will also likely have changes in its initial purchase price allocation for the valuation of its intangible assets for the trade name , and customer relationships and contracts . as noted in the table above , the preliminary purchase price allocation has resulted in the recognition of $ 2.5 billion of goodwill . factors primarily contributing to a price in excess of the fair value of the net tangible and intangible assets include , but are not limited to : the ability to expand the u.s . utility platform in the mid-west market , the ability to capitalize on utility management experience gained from ipl , enhanced ability to negotiate with suppliers of fuel and energy , the ability to capture value associated with aes 2019 u.s . tax position , a well- positioned generating fleet , the ability of dpl to leverage its assembled workforce to take advantage of growth opportunities , etc . our ability to realize the benefit of dpl 2019s goodwill depends on the realization of expected benefits resulting from a successful integration of dpl into aes 2019 existing operations and our ability to respond to the changes in the ohio utility market . for example , utilities in ohio continue to face downward pressure on operating margins due to the evolving regulatory environment , which is moving towards a market-based competitive pricing mechanism . at the same time , the declining energy prices are also reducing operating . Question: what was the amount in cash?

116.0

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 2013 ( continued ) proved undeveloped reserves the following table presents the changes in devon 2019s total proved undeveloped reserves during 2012 ( in mmboe ) . . <table class='wikitable'><tr><td>1</td><td>-</td><td>u.s .</td><td>canada</td><td>total</td></tr><tr><td>2</td><td>proved undeveloped reserves as of december 31 2011</td><td>403</td><td>379</td><td>782</td></tr><tr><td>3</td><td>extensions and discoveries</td><td>134</td><td>68</td><td>202</td></tr><tr><td>4</td><td>revisions due to prices</td><td>-47 ( 47 )</td><td>9</td><td>-38 ( 38 )</td></tr><tr><td>5</td><td>revisions other than price</td><td>-10 ( 10 )</td><td>-6 ( 6 )</td><td>-16 ( 16 )</td></tr><tr><td>6</td><td>conversion to proved developed reserves</td><td>-73 ( 73 )</td><td>-17 ( 17 )</td><td>-90 ( 90 )</td></tr><tr><td>7</td><td>proved undeveloped reserves as of december 31 2012</td><td>407</td><td>433</td><td>840</td></tr></table> at december 31 , 2012 , devon had 840 mmboe of proved undeveloped reserves . this represents a 7 percent increase as compared to 2011 and represents 28 percent of its total proved reserves . drilling and development activities increased devon 2019s proved undeveloped reserves 203 mmboe and resulted in the conversion of 90 mmboe , or 12 percent , of the 2011 proved undeveloped reserves to proved developed reserves . costs incurred related to the development and conversion of devon 2019s proved undeveloped reserves were $ 1.3 billion for 2012 . additionally , revisions other than price decreased devon 2019s proved undeveloped reserves 16 mmboe primarily due to its evaluation of certain u.s . onshore dry-gas areas , which it does not expect to develop in the next five years . the largest revisions relate to the dry-gas areas at carthage in east texas and the barnett shale in north texas . a significant amount of devon 2019s proved undeveloped reserves at the end of 2012 largely related to its jackfish operations . at december 31 , 2012 and 2011 , devon 2019s jackfish proved undeveloped reserves were 429 mmboe and 367 mmboe , respectively . development schedules for the jackfish reserves are primarily controlled by the need to keep the processing plants at their 35000 barrel daily facility capacity . processing plant capacity is controlled by factors such as total steam processing capacity , steam-oil ratios and air quality discharge permits . as a result , these reserves are classified as proved undeveloped for more than five years . currently , the development schedule for these reserves extends though the year 2031 . price revisions 2012 - reserves decreased 171 mmboe primarily due to lower gas prices . of this decrease , 100 mmboe related to the barnett shale and 25 mmboe related to the rocky mountain area . 2011 - reserves decreased 21 mmboe due to lower gas prices and higher oil prices . the higher oil prices increased devon 2019s canadian royalty burden , which reduced devon 2019s oil reserves . 2010 - reserves increased 72 mmboe due to higher gas prices , partially offset by the effect of higher oil prices . the higher oil prices increased devon 2019s canadian royalty burden , which reduced devon 2019s oil reserves . of the 72 mmboe price revisions , 43 mmboe related to the barnett shale and 22 mmboe related to the rocky mountain area . revisions other than price total revisions other than price for 2012 and 2011 primarily related to devon 2019s evaluation of certain dry gas regions noted in the proved undeveloped reserves discussion above . total revisions other than price for 2010 primarily related to devon 2019s drilling and development in the barnett shale. . Question: what is 100 divided by the percent of proved reserves?

3.57143

Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.

aeronautics our aeronautics business segment is engaged in the research , design , development , manufacture , integration , sustainment , support and upgrade of advanced military aircraft , including combat and air mobility aircraft , unmanned air vehicles and related technologies . aeronautics 2019 major programs include the f-35 lightning ii joint strike fighter , c-130 hercules , f-16 fighting falcon , c-5m super galaxy and f-22 raptor . aeronautics 2019 operating results included the following ( in millions ) : . <table class='wikitable'><tr><td>1</td><td>-</td><td>2015</td><td>2014</td><td>2013</td></tr><tr><td>2</td><td>net sales</td><td>$ 15570</td><td>$ 14920</td><td>$ 14123</td></tr><tr><td>3</td><td>operating profit</td><td>1681</td><td>1649</td><td>1612</td></tr><tr><td>4</td><td>operating margins</td><td>10.8% ( 10.8 % )</td><td>11.1% ( 11.1 % )</td><td>11.4% ( 11.4 % )</td></tr><tr><td>5</td><td>backlog at year-end</td><td>$ 31800</td><td>$ 27600</td><td>$ 28000</td></tr></table> 2015 compared to 2014 aeronautics 2019 net sales in 2015 increased $ 650 million , or 4% ( 4 % ) , compared to 2014 . the increase was attributable to higher net sales of approximately $ 1.4 billion for f-35 production contracts due to increased volume on aircraft production and sustainment activities ; and approximately $ 150 million for the c-5 program due to increased deliveries ( nine aircraft delivered in 2015 compared to seven delivered in 2014 ) . the increases were partially offset by lower net sales of approximately $ 350 million for the c-130 program due to fewer aircraft deliveries ( 21 aircraft delivered in 2015 , compared to 24 delivered in 2014 ) , lower sustainment activities and aircraft contract mix ; approximately $ 200 million due to decreased volume and lower risk retirements on various programs ; approximately $ 195 million for the f-16 program due to fewer deliveries ( 11 aircraft delivered in 2015 , compared to 17 delivered in 2014 ) ; and approximately $ 190 million for the f-22 program as a result of decreased sustainment activities . aeronautics 2019 operating profit in 2015 increased $ 32 million , or 2% ( 2 % ) , compared to 2014 . operating profit increased by approximately $ 240 million for f-35 production contracts due to increased volume and risk retirements ; and approximately $ 40 million for the c-5 program due to increased risk retirements . these increases were offset by lower operating profit of approximately $ 90 million for the f-22 program due to lower risk retirements ; approximately $ 70 million for the c-130 program as a result of the reasons stated above for lower net sales ; and approximately $ 80 million due to decreased volume and risk retirements on various programs . adjustments not related to volume , including net profit booking rate adjustments and other matters , were approximately $ 100 million higher in 2015 compared to 2014 . 2014 compared to 2013 aeronautics 2019 net sales increased $ 797 million , or 6% ( 6 % ) , in 2014 as compared to 2013 . the increase was primarily attributable to higher net sales of approximately $ 790 million for f-35 production contracts due to increased volume and sustainment activities ; about $ 55 million for the f-16 program due to increased deliveries ( 17 aircraft delivered in 2014 compared to 13 delivered in 2013 ) partially offset by contract mix ; and approximately $ 45 million for the f-22 program due to increased risk retirements . the increases were partially offset by lower net sales of approximately $ 55 million for the f-35 development contract due to decreased volume , partially offset by the absence in 2014 of the downward revision to the profit booking rate that occurred in 2013 ; and about $ 40 million for the c-130 program due to fewer deliveries ( 24 aircraft delivered in 2014 compared to 25 delivered in 2013 ) and decreased sustainment activities , partially offset by contract mix . aeronautics 2019 operating profit increased $ 37 million , or 2% ( 2 % ) , in 2014 as compared to 2013 . the increase was primarily attributable to higher operating profit of approximately $ 85 million for the f-35 development contract due to the absence in 2014 of the downward revision to the profit booking rate that occurred in 2013 ; about $ 75 million for the f-22 program due to increased risk retirements ; approximately $ 50 million for the c-130 program due to increased risk retirements and contract mix , partially offset by fewer deliveries ; and about $ 25 million for the c-5 program due to the absence in 2014 of the downward revisions to the profit booking rate that occurred in 2013 . the increases were partially offset by lower operating profit of approximately $ 130 million for the f-16 program due to decreased risk retirements , partially offset by increased deliveries ; and about $ 70 million for sustainment activities due to decreased risk retirements and volume . operating profit was comparable for f-35 production contracts as higher volume was offset by lower risk retirements . adjustments not related to volume , including net profit booking rate adjustments and other matters , were approximately $ 105 million lower for 2014 compared to 2013. . Question: what was the backlog value at the end of 2015? Answer: 31800.0 Question: what was the backlog value at the end of 2014? Answer: 27600.0 Question: what is the sum of the backlog value in 2014 and 2015? Answer: 59400.0 Question: what was the backlog value at the end of 2013? Answer: 28000.0 Question: what is the sum of the backlog value for 2013, 2014 and 2015? Answer: 87400.0 Question: what is the average backlog value per year?

29133.33333

Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.

of exercise for stock options exercised or at period end for outstanding stock options , less the applicable exercise price . the company issued new shares to satisfy exercised stock options . compensation expense the company recorded $ 43 million , $ 34 million , and $ 44 million of expense related to stock awards for the years ended december 31 , 2015 , 2014 , and 2013 , respectively . the company recorded $ 17 million , $ 13 million , and $ 17 million as a tax benefit related to stock awards and stock options for the years ended december 31 , 2015 , 2014 , and 2013 , respectively . the company recognized tax benefits for the years ended december 31 , 2015 , 2014 , and 2013 , of $ 41 million , $ 53 million , and $ 32 million , respectively , from the issuance of stock in settlement of stock awards , and $ 4 million , $ 5 million , and $ 4 million for the years ended december 31 , 2015 , 2014 , and 2013 , respectively , from the exercise of stock options . unrecognized compensation expense as of december 31 , 2015 , the company had less than $ 1 million of unrecognized compensation expense associated with rsrs granted in 2015 and 2014 , which will be recognized over a weighted average period of 1.0 year , and $ 25 million of unrecognized expense associated with rpsrs granted in 2015 , 2014 , and 2013 , which will be recognized over a weighted average period of 0.6 years . as of december 31 , 2015 , the company had no unrecognized compensation expense related to stock options . compensation expense for stock options was fully recognized as of december 31 , 2013 . 20 . unaudited selected quarterly data unaudited quarterly financial results for the years ended december 31 , 2015 and 2014 , are set forth in the following tables: . <table class='wikitable'><tr><td>1</td><td>( $ in millions except per share amounts )</td><td>year ended december 31 2015 1st qtr</td><td>year ended december 31 2015 2nd qtr ( 1 )</td><td>year ended december 31 2015 3rd qtr</td><td>year ended december 31 2015 4th qtr ( 2 )</td></tr><tr><td>2</td><td>sales and service revenues</td><td>$ 1570</td><td>$ 1745</td><td>$ 1800</td><td>$ 1905</td></tr><tr><td>3</td><td>operating income ( loss )</td><td>156</td><td>269</td><td>200</td><td>144</td></tr><tr><td>4</td><td>earnings ( loss ) before income taxes</td><td>133</td><td>244</td><td>175</td><td>80</td></tr><tr><td>5</td><td>net earnings ( loss )</td><td>87</td><td>156</td><td>111</td><td>50</td></tr><tr><td>6</td><td>dividends declared per share</td><td>$ 0.40</td><td>$ 0.40</td><td>$ 0.40</td><td>$ 0.50</td></tr><tr><td>7</td><td>basic earnings ( loss ) per share</td><td>$ 1.80</td><td>$ 3.22</td><td>$ 2.31</td><td>$ 1.07</td></tr><tr><td>8</td><td>diluted earnings ( loss ) per share</td><td>$ 1.79</td><td>$ 3.20</td><td>$ 2.29</td><td>$ 1.06</td></tr></table> ( 1 ) in the second quarter of 2015 , the company recorded a $ 59 million goodwill impairment charge . during the same period , the company recorded $ 136 million of operating income as a result of the aon settlement . ( 2 ) in the fourth quarter of 2015 , the company recorded $ 16 million goodwill impairment and $ 27 million intangible asset impairment charges. . Question: what is the total revenue for the first two quarters of 2015? Answer: 3315.0 Question: what about the total after adding the third quarter? Answer: 5115.0 Question: what is the total revenue in the fourth quarter? Answer: 1905.0 Question: what is the total revenue in 2015?

7020.0

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.

areas exceeding 14.1 million acres ( 5.7 million hectares ) . products and brand designations appearing in italics are trademarks of international paper or a related company . industry segment results industrial packaging demand for industrial packaging products is closely correlated with non-durable industrial goods production , as well as with demand for processed foods , poultry , meat and agricultural products . in addition to prices and volumes , major factors affecting the profitability of industrial packaging are raw material and energy costs , freight costs , manufacturing efficiency and product mix . industrial packaging net sales and operating profits include the results of the temple-inland packaging operations from the date of acquisition in february 2012 and the results of the brazil packaging business from the date of acquisition in january 2013 . in addition , due to the acquisition of a majority share of olmuksa international paper sabanci ambalaj sanayi ve ticaret a.s. , ( now called olmuksan international paper or olmuksan ) net sales for our corrugated packaging business in turkey are included in the business segment totals beginning in the first quarter of 2013 and the operating profits reflect a higher ownership percentage than in previous years . net sales for 2013 increased 12% ( 12 % ) to $ 14.8 billion compared with $ 13.3 billion in 2012 , and 42% ( 42 % ) compared with $ 10.4 billion in 2011 . operating profits were 69% ( 69 % ) higher in 2013 than in 2012 and 57% ( 57 % ) higher than in 2011 . excluding costs associated with the acquisition and integration of temple-inland , the divestiture of three containerboard mills and other special items , operating profits in 2013 were 36% ( 36 % ) higher than in 2012 and 59% ( 59 % ) higher than in 2011 . benefits from the net impact of higher average sales price realizations and an unfavorable mix ( $ 749 million ) were offset by lower sales volumes ( $ 73 million ) , higher operating costs ( $ 64 million ) , higher maintenance outage costs ( $ 16 million ) and higher input costs ( $ 102 million ) . additionally , operating profits in 2013 include costs of $ 62 million associated with the integration of temple-inland , a gain of $ 13 million related to a bargain purchase adjustment on the acquisition of a majority share of our operations in turkey , and a net gain of $ 1 million for other items , while operating profits in 2012 included costs of $ 184 million associated with the acquisition and integration of temple-inland , mill divestiture costs of $ 91 million , costs associated with the restructuring of our european packaging business of $ 17 million and a $ 3 million gain for other items . industrial packaging . <table class='wikitable'><tr><td>1</td><td>in millions</td><td>2013</td><td>2012</td><td>2011</td></tr><tr><td>2</td><td>sales</td><td>$ 14810</td><td>$ 13280</td><td>$ 10430</td></tr><tr><td>3</td><td>operating profit</td><td>1801</td><td>1066</td><td>1147</td></tr></table> north american industrial packaging net sales were $ 12.5 billion in 2013 compared with $ 11.6 billion in 2012 and $ 8.6 billion in 2011 . operating profits in 2013 were $ 1.8 billion ( both including and excluding costs associated with the integration of temple-inland and other special items ) compared with $ 1.0 billion ( $ 1.3 billion excluding costs associated with the acquisition and integration of temple-inland and mill divestiture costs ) in 2012 and $ 1.1 billion ( both including and excluding costs associated with signing an agreement to acquire temple-inland ) in 2011 . sales volumes decreased in 2013 compared with 2012 reflecting flat demand for boxes and the impact of commercial decisions . average sales price realizations were significantly higher mainly due to the realization of price increases for domestic containerboard and boxes . input costs were higher for wood , energy and recycled fiber . freight costs also increased . planned maintenance downtime costs were higher than in 2012 . manufacturing operating costs decreased , but were offset by inflation and higher overhead and distribution costs . the business took about 850000 tons of total downtime in 2013 of which about 450000 were market- related and 400000 were maintenance downtime . in 2012 , the business took about 945000 tons of total downtime of which about 580000 were market-related and about 365000 were maintenance downtime . operating profits in 2013 included $ 62 million of costs associated with the integration of temple-inland . operating profits in 2012 included $ 184 million of costs associated with the acquisition and integration of temple-inland and $ 91 million of costs associated with the divestiture of three containerboard mills . looking ahead to 2014 , compared with the fourth quarter of 2013 , sales volumes in the first quarter are expected to increase for boxes due to a higher number of shipping days offset by the impact from the severe winter weather events impacting much of the u.s . input costs are expected to be higher for energy , recycled fiber , wood and starch . planned maintenance downtime spending is expected to be about $ 51 million higher with outages scheduled at six mills compared with four mills in the 2013 fourth quarter . manufacturing operating costs are expected to be lower . however , operating profits will be negatively impacted by the adverse winter weather in the first quarter of 2014 . emea industrial packaging net sales in 2013 include the sales of our packaging operations in turkey which are now fully consolidated . net sales were $ 1.3 billion in 2013 compared with $ 1.0 billion in 2012 and $ 1.1 billion in 2011 . operating profits in 2013 were $ 43 million ( $ 32 . Question: what is the net sales from north american industrial packaging in 2013, in billions? Answer: 12.5 Question: what about in millions? Answer: 12500.0 Question: what about the total sales in 2013, in millions? Answer: 14810.0 Question: what portion is generated from north american industrial packaging? Answer: 0.84402 Question: how about the net sales from north american industrial packaging in 2012, in billions? Answer: 11600.0 Question: and total sales in 2012? Answer: 13280.0 Question: what proportion does this represent?

0.87349

Read the following texts and table with financial data from an S&P 500 earnings report 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 . 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 : hcn ) , 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 , canada and the united kingdom , 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 , 2016 ( dollars in thousands ) : type of property net operating income ( noi ) ( 1 ) percentage of number of properties . <table class='wikitable'><tr><td>1</td><td>type of property</td><td>net operating income ( noi ) ( 1 )</td><td>percentage of noi</td><td>number of properties</td></tr><tr><td>2</td><td>triple-net</td><td>$ 1208860</td><td>50.3% ( 50.3 % )</td><td>631</td></tr><tr><td>3</td><td>seniors housing operating</td><td>814114</td><td>33.9% ( 33.9 % )</td><td>420</td></tr><tr><td>4</td><td>outpatient medical</td><td>380264</td><td>15.8% ( 15.8 % )</td><td>262</td></tr><tr><td>5</td><td>totals</td><td>$ 2403238</td><td>100.0% ( 100.0 % )</td><td>1313</td></tr></table> ( 1 ) excludes our share of investments in unconsolidated entities and non-segment/corporate noi . entities in which we have a joint venture with a minority partner are shown at 100% ( 100 % ) of the joint venture amount . 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 and 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 customers/partners experience operating difficulties and become unable to generate sufficient cash to make payments 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 proactive and comprehensive 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 actively manages and monitors the outpatient medical portfolio with a comprehensive process including review of tenant relations , lease expirations , the mix of health service providers , hospital/health system relationships , property performance . Question: what was the number of properties related to outpatient medical? Answer: 262.0 Question: and what was the total number of properties? Answer: 1313.0 Question: what percentage, then, of this total, did the properties related to outpatient medical represent?

0.19954

Read the following texts and table with financial data from an S&P 500 earnings report 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 ) evidence of an arrangement exists , ( 2 ) delivery has occurred or services have been rendered , ( 3 ) the seller 2019s price to the buyer is fixed or determinable , and ( 4 ) collectibility is reasonably assured . further , sab 104 requires that both title and the risks and rewards of ownership be transferred to the buyer before revenue can be recognized . in addition to sab 104 , we follow the guidance of eitf 00-21 , revenue arrangements with multiple deliverables . we derive our revenues primarily from product sales , including maintenance service agreements . the great majority of our product revenues are derived from shipments of our ab5000 and bvs 5000 product lines to fulfill customer orders for a specified number of consoles and/or blood pumps for a specified price . we recognize revenues and record costs related to such sales upon product shipment . maintenance and service support contract revenues are recognized ratably over the term of the service contracts based upon the elapsed term of the service contract . government-sponsored research and development contracts and grants generally provide for payment on a cost-plus-fixed-fee basis . revenues from these contracts and grants are recognized as work is performed , provided the government has appropriated sufficient funds for the work . under contracts in which the company elects to spend significantly more on the development project during the term of the contract than the total contract amount , the company prospectively recognizes revenue on such contracts ratably over the term of the contract as it incurs related research and development costs , provided the government has appropriated sufficient funds for the work . ( d ) translation of foreign currencies all assets and liabilities of the company 2019s non-u.s . subsidiaries are translated at year-end exchange rates , and revenues and expenses are translated at average exchange rates for the year in accordance with sfas no . 52 , foreign currency translation . resulting translation adjustments are reflected in the accumulated other comprehensive loss component of shareholders 2019 equity . currency transaction gains and losses are included in the accompanying statement of income and are not material for the three years presented . ( e ) warranties the company routinely accrues for estimated future warranty costs on its product sales at the time of sale . our products are subject to rigorous regulation and quality standards . warranty costs are included in cost of product revenues within the consolidated statements of operations . the following table summarizes the activities in the warranty reserve for the two fiscal years ended march 31 , 2006 ( in thousands ) . <table class='wikitable'><tr><td>1</td><td>-</td><td>2005</td><td>2006</td></tr><tr><td>2</td><td>balance at the beginning of the year</td><td>$ 245</td><td>$ 231</td></tr><tr><td>3</td><td>accrual for warranties</td><td>198</td><td>193</td></tr><tr><td>4</td><td>warranty expense incurred for the year</td><td>-212 ( 212 )</td><td>-257 ( 257 )</td></tr><tr><td>5</td><td>balance at the end of the year</td><td>$ 231</td><td>$ 167</td></tr></table> . Question: what was the warranty expense incurred for the year 2006?

257.0

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.

working on the site . the company resolved five of the eight pending lawsuits arising from this matter and believes that it has adequate insurance to resolve remaining matters . the company believes that the settlement of these lawsuits will not have a material adverse effect on its consolidated financial statements . during the 2009 third quarter , in connection with an environmental site remediation action under cer- cla , international paper submitted to the epa a feasibility study for this site . the epa has indicated that it intends to select a proposed remedial action alternative from those identified in the study and present this proposal for public comment . since it is not currently possible to determine the final remedial action that will be required , the company has accrued , as of december 31 , 2009 , an estimate of the minimum costs that could be required for this site . when the remediation plan is finalized by the epa , it is possible that the remediation costs could be sig- nificantly higher than amounts currently recorded . exterior siding and roofing litigation international paper has established reserves relating to the settlement , during 1998 and 1999 , of three nationwide class action lawsuits against the com- pany and masonite corp. , a former wholly-owned subsidiary of the company . those settlements relate to ( 1 ) exterior hardboard siding installed during the 1980 2019s and 1990 2019s ( the hardboard claims ) ; ( 2 ) omniwood siding installed during the 1990 2019s ( the omniwood claims ) ; and ( 3 ) woodruf roofing installed during the 1980 2019s and 1990 2019s ( the woodruf claims ) . all hardboard claims were required to be made by january 15 , 2008 , while all omniwood and woodruf claims were required to be made by jan- uary 6 , 2009 . the following table presents an analysis of total reserve activity related to the hardboard , omniwood and woodruf settlements for the years ended december 31 , 2009 , 2008 and 2007 : in millions total . <table class='wikitable'><tr><td>1</td><td>in millions</td><td>total</td></tr><tr><td>2</td><td>balance december 31 2006</td><td>$ 124</td></tr><tr><td>3</td><td>payments</td><td>-78 ( 78 )</td></tr><tr><td>4</td><td>balance december 31 2007</td><td>46</td></tr><tr><td>5</td><td>additional provision</td><td>82</td></tr><tr><td>6</td><td>payments</td><td>-87 ( 87 )</td></tr><tr><td>7</td><td>balance december 31 2008</td><td>41</td></tr><tr><td>8</td><td>payments</td><td>-38 ( 38 )</td></tr><tr><td>9</td><td>balance december 31 2009</td><td>$ 3</td></tr></table> the company believes that the aggregate reserve balance remaining at december 31 , 2009 is adequate to cover the final settlement of remaining claims . summary the company is also involved in various other inquiries , administrative proceedings and litigation relating to contracts , sales of property , intellectual property , environmental and safety matters , tax , personal injury , labor and employment and other matters , some of which allege substantial monetary damages . while any proceeding or litigation has the element of uncertainty , the company believes that the outcome of any of the lawsuits or claims that are pending or threatened , or all of them combined , will not have a material adverse effect on its consolidated financial statements . note 12 variable interest entities and preferred securities of subsidiaries variable interest entities in connection with the 2006 sale of approximately 5.6 million acres of forestlands , international paper received installment notes ( the timber notes ) total- ing approximately $ 4.8 billion . the timber notes , which do not require principal payments prior to their august 2016 maturity , are supported by irrev- ocable letters of credit obtained by the buyers of the forestlands . during the 2006 fourth quarter , interna- tional paper contributed the timber notes to newly formed entities ( the borrower entities ) in exchange for class a and class b interests in these entities . subsequently , international paper contributed its $ 200 million class a interests in the borrower enti- ties , along with approximately $ 400 million of international paper promissory notes , to other newly formed entities ( the investor entities ) in exchange for class a and class b interests in these entities , and simultaneously sold its class a interest in the investor entities to a third party investor . as a result , at december 31 , 2006 , international paper held class b interests in the borrower entities and class b interests in the investor entities valued at approx- imately $ 5.0 billion . international paper has no obligation to make any further capital contributions to these entities and did not provide financial or other support during 2009 , 2008 or 2007 that was not previously contractually required . based on an analysis of these entities under guidance that considers the potential magnitude of the variability in the structure and which party bears a majority of the gains or losses , international paper determined that it is not the primary beneficiary of these entities . Question: what was the positive sum of payments in 2006?

78.0

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.