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convfinqa1400
In the context of this series of interconnected finance-related queries and the additional information provided by the pretext, table data, and posttext from a company's financial filings, please provide a response to the final question. This may require extracting information from the context and performing mathematical calculations. Please take into account the information provided in the preceding questions and their answers when formulating your response: Context: the aes corporation notes to consolidated financial statements 2014 ( continued ) december 31 , 2016 , 2015 , and 2014 the following is a reconciliation of the beginning and ending amounts of unrecognized tax benefits for the periods indicated ( in millions ) : . <table class='wikitable'><tr><td>1</td><td>december 31,</td><td>2016</td><td>2015</td><td>2014</td></tr><tr><td>2</td><td>balance at january 1</td><td>$ 373</td><td>$ 394</td><td>$ 392</td></tr><tr><td>3</td><td>additions for current year tax positions</td><td>8</td><td>7</td><td>7</td></tr><tr><td>4</td><td>additions for tax positions of prior years</td><td>1</td><td>12</td><td>14</td></tr><tr><td>5</td><td>reductions for tax positions of prior years</td><td>-1 ( 1 )</td><td>-7 ( 7 )</td><td>-2 ( 2 )</td></tr><tr><td>6</td><td>effects of foreign currency translation</td><td>2</td><td>-7 ( 7 )</td><td>-3 ( 3 )</td></tr><tr><td>7</td><td>settlements</td><td>-13 ( 13 )</td><td>-19 ( 19 )</td><td>-2 ( 2 )</td></tr><tr><td>8</td><td>lapse of statute of limitations</td><td>-1 ( 1 )</td><td>-7 ( 7 )</td><td>-12 ( 12 )</td></tr><tr><td>9</td><td>balance at december 31</td><td>$ 369</td><td>$ 373</td><td>$ 394</td></tr></table> the company and certain of its subsidiaries are currently under examination by the relevant taxing authorities for various tax years . the company regularly assesses the potential outcome of these examinations in each of the taxing jurisdictions when determining the adequacy of the amount of unrecognized tax benefit recorded . while it is often difficult to predict the final outcome or the timing of resolution of any particular uncertain tax position , we believe we have appropriately accrued for our uncertain tax benefits . however , audit outcomes and the timing of audit settlements and future events that would impact our previously recorded unrecognized tax benefits and the range of anticipated increases or decreases in unrecognized tax benefits are subject to significant uncertainty . it is possible that the ultimate outcome of current or future examinations may exceed our provision for current unrecognized tax benefits in amounts that could be material , but cannot be estimated as of december 31 , 2016 . our effective tax rate and net income in any given future period could therefore be materially impacted . 22 . discontinued operations brazil distribution 2014 due to a portfolio evaluation in the first half of 2016 , management has decided to pursue a strategic shift of its distribution companies in brazil , aes sul and eletropaulo . the disposal of sul was completed in october 2016 . in december 2016 , eletropaulo underwent a corporate restructuring which is expected to , among other things , provide more liquidity of its shares . aes is continuing to pursue strategic options for eletropaulo in order to complete its strategic shift to reduce aes 2019 exposure to the brazilian distribution business , including preparation for listing its shares into the novo mercado , which is a listing segment of the brazilian stock exchange with the highest standards of corporate governance . the company executed an agreement for the sale of its wholly-owned subsidiary aes sul in june 2016 . we have reported the results of operations and financial position of aes sul as discontinued operations in the consolidated financial statements for all periods presented . upon meeting the held-for-sale criteria , the company recognized an after tax loss of $ 382 million comprised of a pretax impairment charge of $ 783 million , offset by a tax benefit of $ 266 million related to the impairment of the sul long lived assets and a tax benefit of $ 135 million for deferred taxes related to the investment in aes sul . prior to the impairment charge in the second quarter , the carrying value of the aes sul asset group of $ 1.6 billion was greater than its approximate fair value less costs to sell . however , the impairment charge was limited to the carrying value of the long lived assets of the aes sul disposal group . on october 31 , 2016 , the company completed the sale of aes sul and received final proceeds less costs to sell of $ 484 million , excluding contingent consideration . upon disposal of aes sul , we incurred an additional after- tax loss on sale of $ 737 million . the cumulative impact to earnings of the impairment and loss on sale was $ 1.1 billion . this includes the reclassification of approximately $ 1 billion of cumulative translation losses , resulting in a net reduction to the company 2019s stockholders 2019 equity of $ 92 million . sul 2019s pretax loss attributable to aes for the years ended december 31 , 2016 and 2015 was $ 1.4 billion and $ 32 million , respectively . sul 2019s pretax gain attributable to aes for the year ended december 31 , 2014 was $ 133 million . prior to its classification as discontinued operations , sul was reported in the brazil sbu reportable segment . as discussed in note 1 2014general and summary of significant accounting policies , effective july 1 , 2014 , the company prospectively adopted asu no . 2014-08 . discontinued operations prior to adoption of asu no . 2014-08 include the results of cameroon , saurashtra and various u.s . wind projects which were each sold in the first half of cameroon 2014 in september 2013 , the company executed agreements for the sale of its 56% ( 56 % ) equity interests in businesses in cameroon : sonel , an integrated utility , kribi , a gas and light fuel oil plant , and dibamba , a heavy . Conversations: q0: what was the value of unrecognized tax benefits in 2016? {answer0} q1: what was it in 2015? {answer1} q2: what is the 2016 value less the 2015? {answer2} q3: what is the 2015 value? {answer3} Question: what is the net change over the 2015 value? Answer:
-0.01072
4
396
convfinqa1401
In the context of this series of interconnected finance-related queries and the additional information provided by the pretext, table data, and posttext from a company's financial filings, please provide a response to the final question. This may require extracting information from the context and performing mathematical calculations. Please take into account the information provided in the preceding questions and their answers when formulating your response: Context: divestiture of our arrow and moores businesses , and an unfavorable sales mix of international plumbing products , which , in aggregate , decreased sales by two percent . net sales for 2016 were positively affected by increased sales volume of plumbing products , paints and other coating products and builders' hardware . net sales for 2016 were also positively affected by favorable sales mix of cabinets and windows , and net selling price increases of north american windows and north american and international plumbing products . net sales for 2016 were negatively affected by lower sales volume of cabinets and lower net selling prices of paints and other coating products . our gross profit margins were 32.2 percent , 34.2 percent and 33.4 percent in 2018 , 2017 and 2016 , respectively . the 2018 gross profit margin was negatively impacted by an increase in commodity costs , the recognition of the inventory step up adjustment established as a part of the the acquisition of kichler , an increase in other expenses ( such as logistics costs and salaries ) and unfavorable sales mix . these negative impacts were partially offset by an increase in net selling prices , the benefits associated with cost savings initiatives , and increased sales volume . the 2017 gross profit margin was positively impacted by increased sales volume , a more favorable relationship between net selling prices and commodity costs , and cost savings initiatives . selling , general and administrative expenses as a percent of sales were 17.7 percent in 2018 compared with 18.6 percent in 2017 and 18.7 percent in 2016 . the decrease in selling , general and administrative expenses , as a percentage of sales , was driven by leverage of fixed expenses , due primarily to increased sales volume , and improved cost control . the following table reconciles reported operating profit to operating profit , as adjusted to exclude certain items , dollars in millions: . <table class='wikitable'><tr><td>1</td><td></td><td>2018</td><td>2017</td><td>2016</td></tr><tr><td>2</td><td>operating profit as reported</td><td>$ 1211</td><td>$ 1194</td><td>$ 1087</td></tr><tr><td>3</td><td>rationalization charges</td><td>14</td><td>4</td><td>22</td></tr><tr><td>4</td><td>kichler inventory step up adjustment</td><td>40</td><td>2014</td><td>2014</td></tr><tr><td>5</td><td>operating profit as adjusted</td><td>$ 1265</td><td>$ 1198</td><td>$ 1109</td></tr><tr><td>6</td><td>operating profit margins as reported</td><td>14.5% ( 14.5 % )</td><td>15.6% ( 15.6 % )</td><td>14.8% ( 14.8 % )</td></tr><tr><td>7</td><td>operating profit margins as adjusted</td><td>15.1% ( 15.1 % )</td><td>15.7% ( 15.7 % )</td><td>15.1% ( 15.1 % )</td></tr></table> operating profit margin in 2018 was negatively affected by an increase in commodity costs , the recognition of the inventory step up adjustment established as a part of the the acquisition of kichler and an increase in other expenses ( such as logistics costs , salaries and erp costs ) . these negative impacts were partially offset by increased net selling prices , benefits associated with cost savings initiatives and increased sales volume . operating profit margin in 2017 was positively impacted by increased sales volume , cost savings initiatives , and a more favorable relationship between net selling prices and commodity costs . operating profit margin in 2017 was negatively impacted by an increase in strategic growth investments and certain other expenses , including stock-based compensation , health insurance costs , trade show costs and increased head count . due to the recently-announced increase in tariffs on imported materials from china , and assuming tariffs rise to 25 percent in 2019 , we could be exposed to approximately $ 150 million of potential annual direct cost increases . we will work to mitigate the impact of these tariffs through a combination of price increases , supplier negotiations , supply chain repositioning and other internal productivity measures . other income ( expense ) , net other , net , for 2018 included $ 14 million of net periodic pension and post-retirement benefit cost and $ 8 million of realized foreign currency losses . these expenses were partially offset by $ 3 million of earnings related to equity method investments and $ 1 million related to distributions from private equity funds . other , net , for 2017 included $ 26 million related to periodic pension and post-retirement benefit costs , $ 13 million net loss related to the divestitures of moores and arrow and $ 2 million related to the impairment of a private equity fund , partially offset by $ 3 million related to distributions from private equity funds and $ 1 million of earnings related to equity method investments. . Conversations: Question: what was the operating profit margin as adjusted in 2017? Answer:
0.157
0
397
convfinqa1402
In the context of this series of interconnected finance-related queries and the additional information provided by the pretext, table data, and posttext from a company's financial filings, please provide a response to the final question. This may require extracting information from the context and performing mathematical calculations. Please take into account the information provided in the preceding questions and their answers when formulating your response: Context: divestiture of our arrow and moores businesses , and an unfavorable sales mix of international plumbing products , which , in aggregate , decreased sales by two percent . net sales for 2016 were positively affected by increased sales volume of plumbing products , paints and other coating products and builders' hardware . net sales for 2016 were also positively affected by favorable sales mix of cabinets and windows , and net selling price increases of north american windows and north american and international plumbing products . net sales for 2016 were negatively affected by lower sales volume of cabinets and lower net selling prices of paints and other coating products . our gross profit margins were 32.2 percent , 34.2 percent and 33.4 percent in 2018 , 2017 and 2016 , respectively . the 2018 gross profit margin was negatively impacted by an increase in commodity costs , the recognition of the inventory step up adjustment established as a part of the the acquisition of kichler , an increase in other expenses ( such as logistics costs and salaries ) and unfavorable sales mix . these negative impacts were partially offset by an increase in net selling prices , the benefits associated with cost savings initiatives , and increased sales volume . the 2017 gross profit margin was positively impacted by increased sales volume , a more favorable relationship between net selling prices and commodity costs , and cost savings initiatives . selling , general and administrative expenses as a percent of sales were 17.7 percent in 2018 compared with 18.6 percent in 2017 and 18.7 percent in 2016 . the decrease in selling , general and administrative expenses , as a percentage of sales , was driven by leverage of fixed expenses , due primarily to increased sales volume , and improved cost control . the following table reconciles reported operating profit to operating profit , as adjusted to exclude certain items , dollars in millions: . <table class='wikitable'><tr><td>1</td><td></td><td>2018</td><td>2017</td><td>2016</td></tr><tr><td>2</td><td>operating profit as reported</td><td>$ 1211</td><td>$ 1194</td><td>$ 1087</td></tr><tr><td>3</td><td>rationalization charges</td><td>14</td><td>4</td><td>22</td></tr><tr><td>4</td><td>kichler inventory step up adjustment</td><td>40</td><td>2014</td><td>2014</td></tr><tr><td>5</td><td>operating profit as adjusted</td><td>$ 1265</td><td>$ 1198</td><td>$ 1109</td></tr><tr><td>6</td><td>operating profit margins as reported</td><td>14.5% ( 14.5 % )</td><td>15.6% ( 15.6 % )</td><td>14.8% ( 14.8 % )</td></tr><tr><td>7</td><td>operating profit margins as adjusted</td><td>15.1% ( 15.1 % )</td><td>15.7% ( 15.7 % )</td><td>15.1% ( 15.1 % )</td></tr></table> operating profit margin in 2018 was negatively affected by an increase in commodity costs , the recognition of the inventory step up adjustment established as a part of the the acquisition of kichler and an increase in other expenses ( such as logistics costs , salaries and erp costs ) . these negative impacts were partially offset by increased net selling prices , benefits associated with cost savings initiatives and increased sales volume . operating profit margin in 2017 was positively impacted by increased sales volume , cost savings initiatives , and a more favorable relationship between net selling prices and commodity costs . operating profit margin in 2017 was negatively impacted by an increase in strategic growth investments and certain other expenses , including stock-based compensation , health insurance costs , trade show costs and increased head count . due to the recently-announced increase in tariffs on imported materials from china , and assuming tariffs rise to 25 percent in 2019 , we could be exposed to approximately $ 150 million of potential annual direct cost increases . we will work to mitigate the impact of these tariffs through a combination of price increases , supplier negotiations , supply chain repositioning and other internal productivity measures . other income ( expense ) , net other , net , for 2018 included $ 14 million of net periodic pension and post-retirement benefit cost and $ 8 million of realized foreign currency losses . these expenses were partially offset by $ 3 million of earnings related to equity method investments and $ 1 million related to distributions from private equity funds . other , net , for 2017 included $ 26 million related to periodic pension and post-retirement benefit costs , $ 13 million net loss related to the divestitures of moores and arrow and $ 2 million related to the impairment of a private equity fund , partially offset by $ 3 million related to distributions from private equity funds and $ 1 million of earnings related to equity method investments. . Conversations: q0: what was the operating profit margin as adjusted in 2017? {answer0} Question: and what was it in 2016? Answer:
0.151
1
397
convfinqa1403
In the context of this series of interconnected finance-related queries and the additional information provided by the pretext, table data, and posttext from a company's financial filings, please provide a response to the final question. This may require extracting information from the context and performing mathematical calculations. Please take into account the information provided in the preceding questions and their answers when formulating your response: Context: divestiture of our arrow and moores businesses , and an unfavorable sales mix of international plumbing products , which , in aggregate , decreased sales by two percent . net sales for 2016 were positively affected by increased sales volume of plumbing products , paints and other coating products and builders' hardware . net sales for 2016 were also positively affected by favorable sales mix of cabinets and windows , and net selling price increases of north american windows and north american and international plumbing products . net sales for 2016 were negatively affected by lower sales volume of cabinets and lower net selling prices of paints and other coating products . our gross profit margins were 32.2 percent , 34.2 percent and 33.4 percent in 2018 , 2017 and 2016 , respectively . the 2018 gross profit margin was negatively impacted by an increase in commodity costs , the recognition of the inventory step up adjustment established as a part of the the acquisition of kichler , an increase in other expenses ( such as logistics costs and salaries ) and unfavorable sales mix . these negative impacts were partially offset by an increase in net selling prices , the benefits associated with cost savings initiatives , and increased sales volume . the 2017 gross profit margin was positively impacted by increased sales volume , a more favorable relationship between net selling prices and commodity costs , and cost savings initiatives . selling , general and administrative expenses as a percent of sales were 17.7 percent in 2018 compared with 18.6 percent in 2017 and 18.7 percent in 2016 . the decrease in selling , general and administrative expenses , as a percentage of sales , was driven by leverage of fixed expenses , due primarily to increased sales volume , and improved cost control . the following table reconciles reported operating profit to operating profit , as adjusted to exclude certain items , dollars in millions: . <table class='wikitable'><tr><td>1</td><td></td><td>2018</td><td>2017</td><td>2016</td></tr><tr><td>2</td><td>operating profit as reported</td><td>$ 1211</td><td>$ 1194</td><td>$ 1087</td></tr><tr><td>3</td><td>rationalization charges</td><td>14</td><td>4</td><td>22</td></tr><tr><td>4</td><td>kichler inventory step up adjustment</td><td>40</td><td>2014</td><td>2014</td></tr><tr><td>5</td><td>operating profit as adjusted</td><td>$ 1265</td><td>$ 1198</td><td>$ 1109</td></tr><tr><td>6</td><td>operating profit margins as reported</td><td>14.5% ( 14.5 % )</td><td>15.6% ( 15.6 % )</td><td>14.8% ( 14.8 % )</td></tr><tr><td>7</td><td>operating profit margins as adjusted</td><td>15.1% ( 15.1 % )</td><td>15.7% ( 15.7 % )</td><td>15.1% ( 15.1 % )</td></tr></table> operating profit margin in 2018 was negatively affected by an increase in commodity costs , the recognition of the inventory step up adjustment established as a part of the the acquisition of kichler and an increase in other expenses ( such as logistics costs , salaries and erp costs ) . these negative impacts were partially offset by increased net selling prices , benefits associated with cost savings initiatives and increased sales volume . operating profit margin in 2017 was positively impacted by increased sales volume , cost savings initiatives , and a more favorable relationship between net selling prices and commodity costs . operating profit margin in 2017 was negatively impacted by an increase in strategic growth investments and certain other expenses , including stock-based compensation , health insurance costs , trade show costs and increased head count . due to the recently-announced increase in tariffs on imported materials from china , and assuming tariffs rise to 25 percent in 2019 , we could be exposed to approximately $ 150 million of potential annual direct cost increases . we will work to mitigate the impact of these tariffs through a combination of price increases , supplier negotiations , supply chain repositioning and other internal productivity measures . other income ( expense ) , net other , net , for 2018 included $ 14 million of net periodic pension and post-retirement benefit cost and $ 8 million of realized foreign currency losses . these expenses were partially offset by $ 3 million of earnings related to equity method investments and $ 1 million related to distributions from private equity funds . other , net , for 2017 included $ 26 million related to periodic pension and post-retirement benefit costs , $ 13 million net loss related to the divestitures of moores and arrow and $ 2 million related to the impairment of a private equity fund , partially offset by $ 3 million related to distributions from private equity funds and $ 1 million of earnings related to equity method investments. . Conversations: q0: what was the operating profit margin as adjusted in 2017? {answer0} q1: and what was it in 2016? {answer1} Question: what was, then, the change over the year? Answer:
0.006
2
397
convfinqa1404
In the context of this series of interconnected finance-related queries and the additional information provided by the pretext, table data, and posttext from a company's financial filings, please provide a response to the final question. This may require extracting information from the context and performing mathematical calculations. Please take into account the information provided in the preceding questions and their answers when formulating your response: Context: divestiture of our arrow and moores businesses , and an unfavorable sales mix of international plumbing products , which , in aggregate , decreased sales by two percent . net sales for 2016 were positively affected by increased sales volume of plumbing products , paints and other coating products and builders' hardware . net sales for 2016 were also positively affected by favorable sales mix of cabinets and windows , and net selling price increases of north american windows and north american and international plumbing products . net sales for 2016 were negatively affected by lower sales volume of cabinets and lower net selling prices of paints and other coating products . our gross profit margins were 32.2 percent , 34.2 percent and 33.4 percent in 2018 , 2017 and 2016 , respectively . the 2018 gross profit margin was negatively impacted by an increase in commodity costs , the recognition of the inventory step up adjustment established as a part of the the acquisition of kichler , an increase in other expenses ( such as logistics costs and salaries ) and unfavorable sales mix . these negative impacts were partially offset by an increase in net selling prices , the benefits associated with cost savings initiatives , and increased sales volume . the 2017 gross profit margin was positively impacted by increased sales volume , a more favorable relationship between net selling prices and commodity costs , and cost savings initiatives . selling , general and administrative expenses as a percent of sales were 17.7 percent in 2018 compared with 18.6 percent in 2017 and 18.7 percent in 2016 . the decrease in selling , general and administrative expenses , as a percentage of sales , was driven by leverage of fixed expenses , due primarily to increased sales volume , and improved cost control . the following table reconciles reported operating profit to operating profit , as adjusted to exclude certain items , dollars in millions: . <table class='wikitable'><tr><td>1</td><td></td><td>2018</td><td>2017</td><td>2016</td></tr><tr><td>2</td><td>operating profit as reported</td><td>$ 1211</td><td>$ 1194</td><td>$ 1087</td></tr><tr><td>3</td><td>rationalization charges</td><td>14</td><td>4</td><td>22</td></tr><tr><td>4</td><td>kichler inventory step up adjustment</td><td>40</td><td>2014</td><td>2014</td></tr><tr><td>5</td><td>operating profit as adjusted</td><td>$ 1265</td><td>$ 1198</td><td>$ 1109</td></tr><tr><td>6</td><td>operating profit margins as reported</td><td>14.5% ( 14.5 % )</td><td>15.6% ( 15.6 % )</td><td>14.8% ( 14.8 % )</td></tr><tr><td>7</td><td>operating profit margins as adjusted</td><td>15.1% ( 15.1 % )</td><td>15.7% ( 15.7 % )</td><td>15.1% ( 15.1 % )</td></tr></table> operating profit margin in 2018 was negatively affected by an increase in commodity costs , the recognition of the inventory step up adjustment established as a part of the the acquisition of kichler and an increase in other expenses ( such as logistics costs , salaries and erp costs ) . these negative impacts were partially offset by increased net selling prices , benefits associated with cost savings initiatives and increased sales volume . operating profit margin in 2017 was positively impacted by increased sales volume , cost savings initiatives , and a more favorable relationship between net selling prices and commodity costs . operating profit margin in 2017 was negatively impacted by an increase in strategic growth investments and certain other expenses , including stock-based compensation , health insurance costs , trade show costs and increased head count . due to the recently-announced increase in tariffs on imported materials from china , and assuming tariffs rise to 25 percent in 2019 , we could be exposed to approximately $ 150 million of potential annual direct cost increases . we will work to mitigate the impact of these tariffs through a combination of price increases , supplier negotiations , supply chain repositioning and other internal productivity measures . other income ( expense ) , net other , net , for 2018 included $ 14 million of net periodic pension and post-retirement benefit cost and $ 8 million of realized foreign currency losses . these expenses were partially offset by $ 3 million of earnings related to equity method investments and $ 1 million related to distributions from private equity funds . other , net , for 2017 included $ 26 million related to periodic pension and post-retirement benefit costs , $ 13 million net loss related to the divestitures of moores and arrow and $ 2 million related to the impairment of a private equity fund , partially offset by $ 3 million related to distributions from private equity funds and $ 1 million of earnings related to equity method investments. . Conversations: q0: what was the operating profit margin as adjusted in 2017? {answer0} q1: and what was it in 2016? {answer1} q2: what was, then, the change over the year? {answer2} Question: and over the subsequent year, what was this change? Answer:
-0.006
3
397
convfinqa1405
In the context of this series of interconnected finance-related queries and the additional information provided by the pretext, table data, and posttext from a company's financial filings, please provide a response to the final question. This may require extracting information from the context and performing mathematical calculations. Please take into account the information provided in the preceding questions and their answers when formulating your response: Context: entergy texas , inc . and subsidiaries management 2019s financial discussion and analysis results of operations net income 2016 compared to 2015 net income increased $ 37.9 million primarily due to lower other operation and maintenance expenses , the asset write-off of its receivable associated with the spindletop gas storage facility in 2015 , and higher net revenue . 2015 compared to 2014 net income decreased $ 5.2 million primarily due to the asset write-off of its receivable associated with the spindletop gas storage facility and higher other operation and maintenance expenses , partially offset by higher net revenue and a lower effective tax rate . net revenue 2016 compared to 2015 net revenue consists of operating revenues net of : 1 ) fuel , fuel-related expenses , and gas purchased for resale , 2 ) purchased power expenses , and 3 ) other regulatory charges . following is an analysis of the change in net revenue comparing 2016 to 2015 . amount ( in millions ) . <table class='wikitable'><tr><td>1</td><td></td><td>amount ( in millions )</td></tr><tr><td>2</td><td>2015 net revenue</td><td>$ 637.2</td></tr><tr><td>3</td><td>reserve equalization</td><td>14.3</td></tr><tr><td>4</td><td>purchased power capacity</td><td>12.4</td></tr><tr><td>5</td><td>transmission revenue</td><td>7.0</td></tr><tr><td>6</td><td>retail electric price</td><td>5.4</td></tr><tr><td>7</td><td>net wholesale</td><td>-27.8 ( 27.8 )</td></tr><tr><td>8</td><td>other</td><td>-4.3 ( 4.3 )</td></tr><tr><td>9</td><td>2016 net revenue</td><td>$ 644.2</td></tr></table> the reserve equalization variance is primarily due to a reduction in reserve equalization expense primarily due to changes in the entergy system generation mix compared to the same period in 2015 as a result of the execution of a new purchased power agreement and entergy mississippi 2019s exit from the system agreement , each in november 2015 , and entergy texas 2019s exit from the system agreement in august 2016 . see note 2 to the financial statements for a discussion of the system agreement . the purchased power capacity variance is primarily due to decreased expenses due to the termination of the purchased power agreements between entergy louisiana and entergy texas in august 2016 , as well as capacity cost changes for ongoing purchased power capacity contracts . the transmission revenue variance is primarily due to an increase in attachment o rates charged by miso to transmission customers and a settlement of attachment o rates previously billed to transmission customers by miso. . Conversations: Question: what was the total value of both the reserve equalization and the purchased power capacity as a change in net revenue from 2015 to 2016, in millions? Answer:
26.7
0
398
convfinqa1406
In the context of this series of interconnected finance-related queries and the additional information provided by the pretext, table data, and posttext from a company's financial filings, please provide a response to the final question. This may require extracting information from the context and performing mathematical calculations. Please take into account the information provided in the preceding questions and their answers when formulating your response: Context: entergy texas , inc . and subsidiaries management 2019s financial discussion and analysis results of operations net income 2016 compared to 2015 net income increased $ 37.9 million primarily due to lower other operation and maintenance expenses , the asset write-off of its receivable associated with the spindletop gas storage facility in 2015 , and higher net revenue . 2015 compared to 2014 net income decreased $ 5.2 million primarily due to the asset write-off of its receivable associated with the spindletop gas storage facility and higher other operation and maintenance expenses , partially offset by higher net revenue and a lower effective tax rate . net revenue 2016 compared to 2015 net revenue consists of operating revenues net of : 1 ) fuel , fuel-related expenses , and gas purchased for resale , 2 ) purchased power expenses , and 3 ) other regulatory charges . following is an analysis of the change in net revenue comparing 2016 to 2015 . amount ( in millions ) . <table class='wikitable'><tr><td>1</td><td></td><td>amount ( in millions )</td></tr><tr><td>2</td><td>2015 net revenue</td><td>$ 637.2</td></tr><tr><td>3</td><td>reserve equalization</td><td>14.3</td></tr><tr><td>4</td><td>purchased power capacity</td><td>12.4</td></tr><tr><td>5</td><td>transmission revenue</td><td>7.0</td></tr><tr><td>6</td><td>retail electric price</td><td>5.4</td></tr><tr><td>7</td><td>net wholesale</td><td>-27.8 ( 27.8 )</td></tr><tr><td>8</td><td>other</td><td>-4.3 ( 4.3 )</td></tr><tr><td>9</td><td>2016 net revenue</td><td>$ 644.2</td></tr></table> the reserve equalization variance is primarily due to a reduction in reserve equalization expense primarily due to changes in the entergy system generation mix compared to the same period in 2015 as a result of the execution of a new purchased power agreement and entergy mississippi 2019s exit from the system agreement , each in november 2015 , and entergy texas 2019s exit from the system agreement in august 2016 . see note 2 to the financial statements for a discussion of the system agreement . the purchased power capacity variance is primarily due to decreased expenses due to the termination of the purchased power agreements between entergy louisiana and entergy texas in august 2016 , as well as capacity cost changes for ongoing purchased power capacity contracts . the transmission revenue variance is primarily due to an increase in attachment o rates charged by miso to transmission customers and a settlement of attachment o rates previously billed to transmission customers by miso. . Conversations: q0: what was the total value of both the reserve equalization and the purchased power capacity as a change in net revenue from 2015 to 2016, in millions? {answer0} Question: including the transmission revenue, what then becomes that total value? Answer:
33.7
1
398
convfinqa1407
In the context of this series of interconnected finance-related queries and the additional information provided by the pretext, table data, and posttext from a company's financial filings, please provide a response to the final question. This may require extracting information from the context and performing mathematical calculations. Please take into account the information provided in the preceding questions and their answers when formulating your response: Context: part ii . item 5 . market for registrant 2019s common equity , related stockholder matters and issuer purchases of equity securities our common stock is traded on the nasdaq global select market under the symbol cdns . as of february 2 , 2019 , we had 523 registered stockholders and approximately 56000 beneficial owners of our common stock . stockholder return performance graph the following graph compares the cumulative 5-year total stockholder return on our common stock relative to the cumulative total return of the nasdaq composite index , the s&p 500 index and the s&p 500 information technology index . the graph assumes that the value of the investment in our common stock and in each index on december 28 , 2013 ( including reinvestment of dividends ) was $ 100 and tracks it each year thereafter on the last day of our fiscal year through december 29 , 2018 and , for each index , on the last day of the calendar year . comparison of 5 year cumulative total return* among cadence design systems , inc. , the nasdaq composite index , the s&p 500 index and the s&p 500 information technology index 12/29/181/2/16 12/30/1712/28/13 12/31/161/3/15 *$ 100 invested on 12/28/13 in stock or index , including reinvestment of dividends . fiscal year ending december 29 . copyright a9 2019 standard & poor 2019s , a division of s&p global . all rights reserved . nasdaq compositecadence design systems , inc . s&p 500 s&p 500 information technology . <table class='wikitable'><tr><td>1</td><td></td><td>12/28/2013</td><td>1/3/2015</td><td>1/2/2016</td><td>12/31/2016</td><td>12/30/2017</td><td>12/29/2018</td></tr><tr><td>2</td><td>cadence design systems inc .</td><td>$ 100.00</td><td>$ 135.18</td><td>$ 149.39</td><td>$ 181.05</td><td>$ 300.22</td><td>$ 311.13</td></tr><tr><td>3</td><td>nasdaq composite</td><td>100.00</td><td>112.60</td><td>113.64</td><td>133.19</td><td>172.11</td><td>165.84</td></tr><tr><td>4</td><td>s&p 500</td><td>100.00</td><td>110.28</td><td>109.54</td><td>129.05</td><td>157.22</td><td>150.33</td></tr><tr><td>5</td><td>s&p 500 information technology</td><td>100.00</td><td>115.49</td><td>121.08</td><td>144.85</td><td>201.10</td><td>200.52</td></tr></table> the stock price performance included in this graph is not necessarily indicative of future stock price performance. . Conversations: Question: what is the value of cadence design system in 2018 less an initial investment of $100? Answer:
211.13
0
399
convfinqa1408
In the context of this series of interconnected finance-related queries and the additional information provided by the pretext, table data, and posttext from a company's financial filings, please provide a response to the final question. This may require extracting information from the context and performing mathematical calculations. Please take into account the information provided in the preceding questions and their answers when formulating your response: Context: part ii . item 5 . market for registrant 2019s common equity , related stockholder matters and issuer purchases of equity securities our common stock is traded on the nasdaq global select market under the symbol cdns . as of february 2 , 2019 , we had 523 registered stockholders and approximately 56000 beneficial owners of our common stock . stockholder return performance graph the following graph compares the cumulative 5-year total stockholder return on our common stock relative to the cumulative total return of the nasdaq composite index , the s&p 500 index and the s&p 500 information technology index . the graph assumes that the value of the investment in our common stock and in each index on december 28 , 2013 ( including reinvestment of dividends ) was $ 100 and tracks it each year thereafter on the last day of our fiscal year through december 29 , 2018 and , for each index , on the last day of the calendar year . comparison of 5 year cumulative total return* among cadence design systems , inc. , the nasdaq composite index , the s&p 500 index and the s&p 500 information technology index 12/29/181/2/16 12/30/1712/28/13 12/31/161/3/15 *$ 100 invested on 12/28/13 in stock or index , including reinvestment of dividends . fiscal year ending december 29 . copyright a9 2019 standard & poor 2019s , a division of s&p global . all rights reserved . nasdaq compositecadence design systems , inc . s&p 500 s&p 500 information technology . <table class='wikitable'><tr><td>1</td><td></td><td>12/28/2013</td><td>1/3/2015</td><td>1/2/2016</td><td>12/31/2016</td><td>12/30/2017</td><td>12/29/2018</td></tr><tr><td>2</td><td>cadence design systems inc .</td><td>$ 100.00</td><td>$ 135.18</td><td>$ 149.39</td><td>$ 181.05</td><td>$ 300.22</td><td>$ 311.13</td></tr><tr><td>3</td><td>nasdaq composite</td><td>100.00</td><td>112.60</td><td>113.64</td><td>133.19</td><td>172.11</td><td>165.84</td></tr><tr><td>4</td><td>s&p 500</td><td>100.00</td><td>110.28</td><td>109.54</td><td>129.05</td><td>157.22</td><td>150.33</td></tr><tr><td>5</td><td>s&p 500 information technology</td><td>100.00</td><td>115.49</td><td>121.08</td><td>144.85</td><td>201.10</td><td>200.52</td></tr></table> the stock price performance included in this graph is not necessarily indicative of future stock price performance. . Conversations: q0: what is the value of cadence design system in 2018 less an initial investment of $100? {answer0} Question: what is that divided by 100? Answer:
2.1113
1
399
convfinqa1409
In the context of this series of interconnected finance-related queries and the additional information provided by the pretext, table data, and posttext from a company's financial filings, please provide a response to the final question. This may require extracting information from the context and performing mathematical calculations. Please take into account the information provided in the preceding questions and their answers when formulating your response: Context: part ii . item 5 . market for registrant 2019s common equity , related stockholder matters and issuer purchases of equity securities our common stock is traded on the nasdaq global select market under the symbol cdns . as of february 2 , 2019 , we had 523 registered stockholders and approximately 56000 beneficial owners of our common stock . stockholder return performance graph the following graph compares the cumulative 5-year total stockholder return on our common stock relative to the cumulative total return of the nasdaq composite index , the s&p 500 index and the s&p 500 information technology index . the graph assumes that the value of the investment in our common stock and in each index on december 28 , 2013 ( including reinvestment of dividends ) was $ 100 and tracks it each year thereafter on the last day of our fiscal year through december 29 , 2018 and , for each index , on the last day of the calendar year . comparison of 5 year cumulative total return* among cadence design systems , inc. , the nasdaq composite index , the s&p 500 index and the s&p 500 information technology index 12/29/181/2/16 12/30/1712/28/13 12/31/161/3/15 *$ 100 invested on 12/28/13 in stock or index , including reinvestment of dividends . fiscal year ending december 29 . copyright a9 2019 standard & poor 2019s , a division of s&p global . all rights reserved . nasdaq compositecadence design systems , inc . s&p 500 s&p 500 information technology . <table class='wikitable'><tr><td>1</td><td></td><td>12/28/2013</td><td>1/3/2015</td><td>1/2/2016</td><td>12/31/2016</td><td>12/30/2017</td><td>12/29/2018</td></tr><tr><td>2</td><td>cadence design systems inc .</td><td>$ 100.00</td><td>$ 135.18</td><td>$ 149.39</td><td>$ 181.05</td><td>$ 300.22</td><td>$ 311.13</td></tr><tr><td>3</td><td>nasdaq composite</td><td>100.00</td><td>112.60</td><td>113.64</td><td>133.19</td><td>172.11</td><td>165.84</td></tr><tr><td>4</td><td>s&p 500</td><td>100.00</td><td>110.28</td><td>109.54</td><td>129.05</td><td>157.22</td><td>150.33</td></tr><tr><td>5</td><td>s&p 500 information technology</td><td>100.00</td><td>115.49</td><td>121.08</td><td>144.85</td><td>201.10</td><td>200.52</td></tr></table> the stock price performance included in this graph is not necessarily indicative of future stock price performance. . Conversations: q0: what is the value of cadence design system in 2018 less an initial investment of $100? {answer0} q1: what is that divided by 100? {answer1} Question: what is the value of the nasdaq composite in 2018 less 100? Answer:
65.84
2
399
convfinqa1410
In the context of this series of interconnected finance-related queries and the additional information provided by the pretext, table data, and posttext from a company's financial filings, please provide a response to the final question. This may require extracting information from the context and performing mathematical calculations. Please take into account the information provided in the preceding questions and their answers when formulating your response: Context: part ii . item 5 . market for registrant 2019s common equity , related stockholder matters and issuer purchases of equity securities our common stock is traded on the nasdaq global select market under the symbol cdns . as of february 2 , 2019 , we had 523 registered stockholders and approximately 56000 beneficial owners of our common stock . stockholder return performance graph the following graph compares the cumulative 5-year total stockholder return on our common stock relative to the cumulative total return of the nasdaq composite index , the s&p 500 index and the s&p 500 information technology index . the graph assumes that the value of the investment in our common stock and in each index on december 28 , 2013 ( including reinvestment of dividends ) was $ 100 and tracks it each year thereafter on the last day of our fiscal year through december 29 , 2018 and , for each index , on the last day of the calendar year . comparison of 5 year cumulative total return* among cadence design systems , inc. , the nasdaq composite index , the s&p 500 index and the s&p 500 information technology index 12/29/181/2/16 12/30/1712/28/13 12/31/161/3/15 *$ 100 invested on 12/28/13 in stock or index , including reinvestment of dividends . fiscal year ending december 29 . copyright a9 2019 standard & poor 2019s , a division of s&p global . all rights reserved . nasdaq compositecadence design systems , inc . s&p 500 s&p 500 information technology . <table class='wikitable'><tr><td>1</td><td></td><td>12/28/2013</td><td>1/3/2015</td><td>1/2/2016</td><td>12/31/2016</td><td>12/30/2017</td><td>12/29/2018</td></tr><tr><td>2</td><td>cadence design systems inc .</td><td>$ 100.00</td><td>$ 135.18</td><td>$ 149.39</td><td>$ 181.05</td><td>$ 300.22</td><td>$ 311.13</td></tr><tr><td>3</td><td>nasdaq composite</td><td>100.00</td><td>112.60</td><td>113.64</td><td>133.19</td><td>172.11</td><td>165.84</td></tr><tr><td>4</td><td>s&p 500</td><td>100.00</td><td>110.28</td><td>109.54</td><td>129.05</td><td>157.22</td><td>150.33</td></tr><tr><td>5</td><td>s&p 500 information technology</td><td>100.00</td><td>115.49</td><td>121.08</td><td>144.85</td><td>201.10</td><td>200.52</td></tr></table> the stock price performance included in this graph is not necessarily indicative of future stock price performance. . Conversations: q0: what is the value of cadence design system in 2018 less an initial investment of $100? {answer0} q1: what is that divided by 100? {answer1} q2: what is the value of the nasdaq composite in 2018 less 100? {answer2} Question: what is that divided by 100? Answer:
0.6584
3
399
convfinqa1411
In the context of this series of interconnected finance-related queries and the additional information provided by the pretext, table data, and posttext from a company's financial filings, please provide a response to the final question. This may require extracting information from the context and performing mathematical calculations. Please take into account the information provided in the preceding questions and their answers when formulating your response: Context: part ii . item 5 . market for registrant 2019s common equity , related stockholder matters and issuer purchases of equity securities our common stock is traded on the nasdaq global select market under the symbol cdns . as of february 2 , 2019 , we had 523 registered stockholders and approximately 56000 beneficial owners of our common stock . stockholder return performance graph the following graph compares the cumulative 5-year total stockholder return on our common stock relative to the cumulative total return of the nasdaq composite index , the s&p 500 index and the s&p 500 information technology index . the graph assumes that the value of the investment in our common stock and in each index on december 28 , 2013 ( including reinvestment of dividends ) was $ 100 and tracks it each year thereafter on the last day of our fiscal year through december 29 , 2018 and , for each index , on the last day of the calendar year . comparison of 5 year cumulative total return* among cadence design systems , inc. , the nasdaq composite index , the s&p 500 index and the s&p 500 information technology index 12/29/181/2/16 12/30/1712/28/13 12/31/161/3/15 *$ 100 invested on 12/28/13 in stock or index , including reinvestment of dividends . fiscal year ending december 29 . copyright a9 2019 standard & poor 2019s , a division of s&p global . all rights reserved . nasdaq compositecadence design systems , inc . s&p 500 s&p 500 information technology . <table class='wikitable'><tr><td>1</td><td></td><td>12/28/2013</td><td>1/3/2015</td><td>1/2/2016</td><td>12/31/2016</td><td>12/30/2017</td><td>12/29/2018</td></tr><tr><td>2</td><td>cadence design systems inc .</td><td>$ 100.00</td><td>$ 135.18</td><td>$ 149.39</td><td>$ 181.05</td><td>$ 300.22</td><td>$ 311.13</td></tr><tr><td>3</td><td>nasdaq composite</td><td>100.00</td><td>112.60</td><td>113.64</td><td>133.19</td><td>172.11</td><td>165.84</td></tr><tr><td>4</td><td>s&p 500</td><td>100.00</td><td>110.28</td><td>109.54</td><td>129.05</td><td>157.22</td><td>150.33</td></tr><tr><td>5</td><td>s&p 500 information technology</td><td>100.00</td><td>115.49</td><td>121.08</td><td>144.85</td><td>201.10</td><td>200.52</td></tr></table> the stock price performance included in this graph is not necessarily indicative of future stock price performance. . Conversations: q0: what is the value of cadence design system in 2018 less an initial investment of $100? {answer0} q1: what is that divided by 100? {answer1} q2: what is the value of the nasdaq composite in 2018 less 100? {answer2} q3: what is that divided by 100? {answer3} Question: what is the difference of the cadence percent change and that of the nasdaq? Answer:
1.4529
4
399
convfinqa1412
In the context of this series of interconnected finance-related queries and the additional information provided by the pretext, table data, and posttext from a company's financial filings, please provide a response to the final question. This may require extracting information from the context and performing mathematical calculations. Please take into account the information provided in the preceding questions and their answers when formulating your response: Context: performance graph comparison of five-year cumulative total return the following graph and table compare the cumulative total return on citi 2019s common stock , which is listed on the nyse under the ticker symbol 201cc 201d and held by 65691 common stockholders of record as of january 31 , 2018 , with the cumulative total return of the s&p 500 index and the s&p financial index over the five-year period through december 31 , 2017 . the graph and table assume that $ 100 was invested on december 31 , 2012 in citi 2019s common stock , the s&p 500 index and the s&p financial index , and that all dividends were reinvested . comparison of five-year cumulative total return for the years ended date citi s&p 500 financials . <table class='wikitable'><tr><td>1</td><td>date</td><td>citi</td><td>s&p 500</td><td>s&p financials</td></tr><tr><td>2</td><td>31-dec-2012</td><td>100.0</td><td>100.0</td><td>100.0</td></tr><tr><td>3</td><td>31-dec-2013</td><td>131.8</td><td>132.4</td><td>135.6</td></tr><tr><td>4</td><td>31-dec-2014</td><td>137.0</td><td>150.5</td><td>156.2</td></tr><tr><td>5</td><td>31-dec-2015</td><td>131.4</td><td>152.6</td><td>153.9</td></tr><tr><td>6</td><td>31-dec-2016</td><td>152.3</td><td>170.8</td><td>188.9</td></tr><tr><td>7</td><td>31-dec-2017</td><td>193.5</td><td>208.1</td><td>230.9</td></tr></table> . Conversations: Question: what was the fluctuation in the total return of citi common stock for the five year period ended 2017? Answer:
93.5
0
400
convfinqa1413
In the context of this series of interconnected finance-related queries and the additional information provided by the pretext, table data, and posttext from a company's financial filings, please provide a response to the final question. This may require extracting information from the context and performing mathematical calculations. Please take into account the information provided in the preceding questions and their answers when formulating your response: Context: performance graph comparison of five-year cumulative total return the following graph and table compare the cumulative total return on citi 2019s common stock , which is listed on the nyse under the ticker symbol 201cc 201d and held by 65691 common stockholders of record as of january 31 , 2018 , with the cumulative total return of the s&p 500 index and the s&p financial index over the five-year period through december 31 , 2017 . the graph and table assume that $ 100 was invested on december 31 , 2012 in citi 2019s common stock , the s&p 500 index and the s&p financial index , and that all dividends were reinvested . comparison of five-year cumulative total return for the years ended date citi s&p 500 financials . <table class='wikitable'><tr><td>1</td><td>date</td><td>citi</td><td>s&p 500</td><td>s&p financials</td></tr><tr><td>2</td><td>31-dec-2012</td><td>100.0</td><td>100.0</td><td>100.0</td></tr><tr><td>3</td><td>31-dec-2013</td><td>131.8</td><td>132.4</td><td>135.6</td></tr><tr><td>4</td><td>31-dec-2014</td><td>137.0</td><td>150.5</td><td>156.2</td></tr><tr><td>5</td><td>31-dec-2015</td><td>131.4</td><td>152.6</td><td>153.9</td></tr><tr><td>6</td><td>31-dec-2016</td><td>152.3</td><td>170.8</td><td>188.9</td></tr><tr><td>7</td><td>31-dec-2017</td><td>193.5</td><td>208.1</td><td>230.9</td></tr></table> . Conversations: q0: what was the fluctuation in the total return of citi common stock for the five year period ended 2017? {answer0} Question: and what is this fluctuation as a percentage of that return in 2012? Answer:
0.935
1
400
convfinqa1414
In the context of this series of interconnected finance-related queries and the additional information provided by the pretext, table data, and posttext from a company's financial filings, please provide a response to the final question. This may require extracting information from the context and performing mathematical calculations. Please take into account the information provided in the preceding questions and their answers when formulating your response: Context: performance graph comparison of five-year cumulative total return the following graph and table compare the cumulative total return on citi 2019s common stock , which is listed on the nyse under the ticker symbol 201cc 201d and held by 65691 common stockholders of record as of january 31 , 2018 , with the cumulative total return of the s&p 500 index and the s&p financial index over the five-year period through december 31 , 2017 . the graph and table assume that $ 100 was invested on december 31 , 2012 in citi 2019s common stock , the s&p 500 index and the s&p financial index , and that all dividends were reinvested . comparison of five-year cumulative total return for the years ended date citi s&p 500 financials . <table class='wikitable'><tr><td>1</td><td>date</td><td>citi</td><td>s&p 500</td><td>s&p financials</td></tr><tr><td>2</td><td>31-dec-2012</td><td>100.0</td><td>100.0</td><td>100.0</td></tr><tr><td>3</td><td>31-dec-2013</td><td>131.8</td><td>132.4</td><td>135.6</td></tr><tr><td>4</td><td>31-dec-2014</td><td>137.0</td><td>150.5</td><td>156.2</td></tr><tr><td>5</td><td>31-dec-2015</td><td>131.4</td><td>152.6</td><td>153.9</td></tr><tr><td>6</td><td>31-dec-2016</td><td>152.3</td><td>170.8</td><td>188.9</td></tr><tr><td>7</td><td>31-dec-2017</td><td>193.5</td><td>208.1</td><td>230.9</td></tr></table> . Conversations: q0: what was the fluctuation in the total return of citi common stock for the five year period ended 2017? {answer0} q1: and what is this fluctuation as a percentage of that return in 2012? {answer1} Question: in that same period, what was that fluctuation for the s&p 500? Answer:
108.1
2
400
convfinqa1415
In the context of this series of interconnected finance-related queries and the additional information provided by the pretext, table data, and posttext from a company's financial filings, please provide a response to the final question. This may require extracting information from the context and performing mathematical calculations. Please take into account the information provided in the preceding questions and their answers when formulating your response: Context: performance graph comparison of five-year cumulative total return the following graph and table compare the cumulative total return on citi 2019s common stock , which is listed on the nyse under the ticker symbol 201cc 201d and held by 65691 common stockholders of record as of january 31 , 2018 , with the cumulative total return of the s&p 500 index and the s&p financial index over the five-year period through december 31 , 2017 . the graph and table assume that $ 100 was invested on december 31 , 2012 in citi 2019s common stock , the s&p 500 index and the s&p financial index , and that all dividends were reinvested . comparison of five-year cumulative total return for the years ended date citi s&p 500 financials . <table class='wikitable'><tr><td>1</td><td>date</td><td>citi</td><td>s&p 500</td><td>s&p financials</td></tr><tr><td>2</td><td>31-dec-2012</td><td>100.0</td><td>100.0</td><td>100.0</td></tr><tr><td>3</td><td>31-dec-2013</td><td>131.8</td><td>132.4</td><td>135.6</td></tr><tr><td>4</td><td>31-dec-2014</td><td>137.0</td><td>150.5</td><td>156.2</td></tr><tr><td>5</td><td>31-dec-2015</td><td>131.4</td><td>152.6</td><td>153.9</td></tr><tr><td>6</td><td>31-dec-2016</td><td>152.3</td><td>170.8</td><td>188.9</td></tr><tr><td>7</td><td>31-dec-2017</td><td>193.5</td><td>208.1</td><td>230.9</td></tr></table> . Conversations: q0: what was the fluctuation in the total return of citi common stock for the five year period ended 2017? {answer0} q1: and what is this fluctuation as a percentage of that return in 2012? {answer1} q2: in that same period, what was that fluctuation for the s&p 500? {answer2} Question: how much did this s&p 500 fluctuation represent in relation to that citi one? Answer:
1.15615
3
400
convfinqa1416
In the context of this series of interconnected finance-related queries and the additional information provided by the pretext, table data, and posttext from a company's financial filings, please provide a response to the final question. This may require extracting information from the context and performing mathematical calculations. Please take into account the information provided in the preceding questions and their answers when formulating your response: Context: part ii item 5 . market for registrant 2019s common equity , related stockholder matters and issuer purchases of equity securities . the company 2019s common stock is listed on the new york stock exchange . prior to the separation of alcoa corporation from the company , the company 2019s common stock traded under the symbol 201caa . 201d in connection with the separation , on november 1 , 2016 , the company changed its stock symbol and its common stock began trading under the symbol 201carnc . 201d on october 5 , 2016 , the company 2019s common shareholders approved a 1-for-3 reverse stock split of the company 2019s outstanding and authorized shares of common stock ( the 201creverse stock split 201d ) . as a result of the reverse stock split , every 3 shares of issued and outstanding common stock were combined into one issued and outstanding share of common stock , without any change in the par value per share . the reverse stock split reduced the number of shares of common stock outstanding from approximately 1.3 billion shares to approximately 0.4 billion shares , and proportionately decreased the number of authorized shares of common stock from 1.8 billion to 0.6 billion shares . the company 2019s common stock began trading on a reverse stock split-adjusted basis on october 6 , 2016 . on november 1 , 2016 , the company completed the separation of its business into two independent , publicly traded companies : the company and alcoa corporation . the separation was effected by means of a pro rata distribution by the company of 80.1% ( 80.1 % ) of the outstanding shares of alcoa corporation common stock to the company 2019s shareholders . the company 2019s shareholders of record as of the close of business on october 20 , 2016 ( the 201crecord date 201d ) received one share of alcoa corporation common stock for every three shares of the company 2019s common stock held as of the record date . the company retained 19.9% ( 19.9 % ) of the outstanding common stock of alcoa corporation immediately following the separation . the following table sets forth , for the periods indicated , the high and low sales prices and quarterly dividend amounts per share of the company 2019s common stock as reported on the new york stock exchange , adjusted to take into account the reverse stock split effected on october 6 , 2016 . the prices listed below for the fourth quarter of 2016 do not reflect any adjustment for the impact of the separation of alcoa corporation from the company on november 1 , 2016 , and therefore are not comparable to pre-separation prices from earlier periods. . <table class='wikitable'><tr><td>1</td><td>quarter</td><td>2016 high</td><td>2016 low</td><td>2016 dividend</td><td>2016 high</td><td>2016 low</td><td>dividend</td></tr><tr><td>2</td><td>first</td><td>$ 30.66</td><td>$ 18.42</td><td>$ 0.09</td><td>$ 51.30</td><td>$ 37.95</td><td>$ 0.09</td></tr><tr><td>3</td><td>second</td><td>34.50</td><td>26.34</td><td>0.09</td><td>42.87</td><td>33.45</td><td>0.09</td></tr><tr><td>4</td><td>third</td><td>32.91</td><td>27.09</td><td>0.09</td><td>33.69</td><td>23.91</td><td>0.09</td></tr><tr><td>5</td><td>fourth ( separation occurred on november 1 2016 )</td><td>32.10</td><td>16.75</td><td>0.09</td><td>33.54</td><td>23.43</td><td>0.09</td></tr><tr><td>6</td><td>year</td><td>$ 34.50</td><td>$ 16.75</td><td>$ 0.36</td><td>$ 51.30</td><td>$ 23.43</td><td>$ 0.36</td></tr></table> the number of holders of record of common stock was approximately 12885 as of february 23 , 2017. . Conversations: Question: what was the high sales price in the second quarter of 2016? Answer:
34.5
0
401
convfinqa1417
In the context of this series of interconnected finance-related queries and the additional information provided by the pretext, table data, and posttext from a company's financial filings, please provide a response to the final question. This may require extracting information from the context and performing mathematical calculations. Please take into account the information provided in the preceding questions and their answers when formulating your response: Context: part ii item 5 . market for registrant 2019s common equity , related stockholder matters and issuer purchases of equity securities . the company 2019s common stock is listed on the new york stock exchange . prior to the separation of alcoa corporation from the company , the company 2019s common stock traded under the symbol 201caa . 201d in connection with the separation , on november 1 , 2016 , the company changed its stock symbol and its common stock began trading under the symbol 201carnc . 201d on october 5 , 2016 , the company 2019s common shareholders approved a 1-for-3 reverse stock split of the company 2019s outstanding and authorized shares of common stock ( the 201creverse stock split 201d ) . as a result of the reverse stock split , every 3 shares of issued and outstanding common stock were combined into one issued and outstanding share of common stock , without any change in the par value per share . the reverse stock split reduced the number of shares of common stock outstanding from approximately 1.3 billion shares to approximately 0.4 billion shares , and proportionately decreased the number of authorized shares of common stock from 1.8 billion to 0.6 billion shares . the company 2019s common stock began trading on a reverse stock split-adjusted basis on october 6 , 2016 . on november 1 , 2016 , the company completed the separation of its business into two independent , publicly traded companies : the company and alcoa corporation . the separation was effected by means of a pro rata distribution by the company of 80.1% ( 80.1 % ) of the outstanding shares of alcoa corporation common stock to the company 2019s shareholders . the company 2019s shareholders of record as of the close of business on october 20 , 2016 ( the 201crecord date 201d ) received one share of alcoa corporation common stock for every three shares of the company 2019s common stock held as of the record date . the company retained 19.9% ( 19.9 % ) of the outstanding common stock of alcoa corporation immediately following the separation . the following table sets forth , for the periods indicated , the high and low sales prices and quarterly dividend amounts per share of the company 2019s common stock as reported on the new york stock exchange , adjusted to take into account the reverse stock split effected on october 6 , 2016 . the prices listed below for the fourth quarter of 2016 do not reflect any adjustment for the impact of the separation of alcoa corporation from the company on november 1 , 2016 , and therefore are not comparable to pre-separation prices from earlier periods. . <table class='wikitable'><tr><td>1</td><td>quarter</td><td>2016 high</td><td>2016 low</td><td>2016 dividend</td><td>2016 high</td><td>2016 low</td><td>dividend</td></tr><tr><td>2</td><td>first</td><td>$ 30.66</td><td>$ 18.42</td><td>$ 0.09</td><td>$ 51.30</td><td>$ 37.95</td><td>$ 0.09</td></tr><tr><td>3</td><td>second</td><td>34.50</td><td>26.34</td><td>0.09</td><td>42.87</td><td>33.45</td><td>0.09</td></tr><tr><td>4</td><td>third</td><td>32.91</td><td>27.09</td><td>0.09</td><td>33.69</td><td>23.91</td><td>0.09</td></tr><tr><td>5</td><td>fourth ( separation occurred on november 1 2016 )</td><td>32.10</td><td>16.75</td><td>0.09</td><td>33.54</td><td>23.43</td><td>0.09</td></tr><tr><td>6</td><td>year</td><td>$ 34.50</td><td>$ 16.75</td><td>$ 0.36</td><td>$ 51.30</td><td>$ 23.43</td><td>$ 0.36</td></tr></table> the number of holders of record of common stock was approximately 12885 as of february 23 , 2017. . Conversations: q0: what was the high sales price in the second quarter of 2016? {answer0} Question: what was the high price in the first quarter? Answer:
30.66
1
401
convfinqa1418
In the context of this series of interconnected finance-related queries and the additional information provided by the pretext, table data, and posttext from a company's financial filings, please provide a response to the final question. This may require extracting information from the context and performing mathematical calculations. Please take into account the information provided in the preceding questions and their answers when formulating your response: Context: part ii item 5 . market for registrant 2019s common equity , related stockholder matters and issuer purchases of equity securities . the company 2019s common stock is listed on the new york stock exchange . prior to the separation of alcoa corporation from the company , the company 2019s common stock traded under the symbol 201caa . 201d in connection with the separation , on november 1 , 2016 , the company changed its stock symbol and its common stock began trading under the symbol 201carnc . 201d on october 5 , 2016 , the company 2019s common shareholders approved a 1-for-3 reverse stock split of the company 2019s outstanding and authorized shares of common stock ( the 201creverse stock split 201d ) . as a result of the reverse stock split , every 3 shares of issued and outstanding common stock were combined into one issued and outstanding share of common stock , without any change in the par value per share . the reverse stock split reduced the number of shares of common stock outstanding from approximately 1.3 billion shares to approximately 0.4 billion shares , and proportionately decreased the number of authorized shares of common stock from 1.8 billion to 0.6 billion shares . the company 2019s common stock began trading on a reverse stock split-adjusted basis on october 6 , 2016 . on november 1 , 2016 , the company completed the separation of its business into two independent , publicly traded companies : the company and alcoa corporation . the separation was effected by means of a pro rata distribution by the company of 80.1% ( 80.1 % ) of the outstanding shares of alcoa corporation common stock to the company 2019s shareholders . the company 2019s shareholders of record as of the close of business on october 20 , 2016 ( the 201crecord date 201d ) received one share of alcoa corporation common stock for every three shares of the company 2019s common stock held as of the record date . the company retained 19.9% ( 19.9 % ) of the outstanding common stock of alcoa corporation immediately following the separation . the following table sets forth , for the periods indicated , the high and low sales prices and quarterly dividend amounts per share of the company 2019s common stock as reported on the new york stock exchange , adjusted to take into account the reverse stock split effected on october 6 , 2016 . the prices listed below for the fourth quarter of 2016 do not reflect any adjustment for the impact of the separation of alcoa corporation from the company on november 1 , 2016 , and therefore are not comparable to pre-separation prices from earlier periods. . <table class='wikitable'><tr><td>1</td><td>quarter</td><td>2016 high</td><td>2016 low</td><td>2016 dividend</td><td>2016 high</td><td>2016 low</td><td>dividend</td></tr><tr><td>2</td><td>first</td><td>$ 30.66</td><td>$ 18.42</td><td>$ 0.09</td><td>$ 51.30</td><td>$ 37.95</td><td>$ 0.09</td></tr><tr><td>3</td><td>second</td><td>34.50</td><td>26.34</td><td>0.09</td><td>42.87</td><td>33.45</td><td>0.09</td></tr><tr><td>4</td><td>third</td><td>32.91</td><td>27.09</td><td>0.09</td><td>33.69</td><td>23.91</td><td>0.09</td></tr><tr><td>5</td><td>fourth ( separation occurred on november 1 2016 )</td><td>32.10</td><td>16.75</td><td>0.09</td><td>33.54</td><td>23.43</td><td>0.09</td></tr><tr><td>6</td><td>year</td><td>$ 34.50</td><td>$ 16.75</td><td>$ 0.36</td><td>$ 51.30</td><td>$ 23.43</td><td>$ 0.36</td></tr></table> the number of holders of record of common stock was approximately 12885 as of february 23 , 2017. . Conversations: q0: what was the high sales price in the second quarter of 2016? {answer0} q1: what was the high price in the first quarter? {answer1} Question: what is the ratio of the high prices, second quarter to first quarter? Answer:
1.12524
2
401
convfinqa1419
In the context of this series of interconnected finance-related queries and the additional information provided by the pretext, table data, and posttext from a company's financial filings, please provide a response to the final question. This may require extracting information from the context and performing mathematical calculations. Please take into account the information provided in the preceding questions and their answers when formulating your response: Context: part ii item 5 . market for registrant 2019s common equity , related stockholder matters and issuer purchases of equity securities . the company 2019s common stock is listed on the new york stock exchange . prior to the separation of alcoa corporation from the company , the company 2019s common stock traded under the symbol 201caa . 201d in connection with the separation , on november 1 , 2016 , the company changed its stock symbol and its common stock began trading under the symbol 201carnc . 201d on october 5 , 2016 , the company 2019s common shareholders approved a 1-for-3 reverse stock split of the company 2019s outstanding and authorized shares of common stock ( the 201creverse stock split 201d ) . as a result of the reverse stock split , every 3 shares of issued and outstanding common stock were combined into one issued and outstanding share of common stock , without any change in the par value per share . the reverse stock split reduced the number of shares of common stock outstanding from approximately 1.3 billion shares to approximately 0.4 billion shares , and proportionately decreased the number of authorized shares of common stock from 1.8 billion to 0.6 billion shares . the company 2019s common stock began trading on a reverse stock split-adjusted basis on october 6 , 2016 . on november 1 , 2016 , the company completed the separation of its business into two independent , publicly traded companies : the company and alcoa corporation . the separation was effected by means of a pro rata distribution by the company of 80.1% ( 80.1 % ) of the outstanding shares of alcoa corporation common stock to the company 2019s shareholders . the company 2019s shareholders of record as of the close of business on october 20 , 2016 ( the 201crecord date 201d ) received one share of alcoa corporation common stock for every three shares of the company 2019s common stock held as of the record date . the company retained 19.9% ( 19.9 % ) of the outstanding common stock of alcoa corporation immediately following the separation . the following table sets forth , for the periods indicated , the high and low sales prices and quarterly dividend amounts per share of the company 2019s common stock as reported on the new york stock exchange , adjusted to take into account the reverse stock split effected on october 6 , 2016 . the prices listed below for the fourth quarter of 2016 do not reflect any adjustment for the impact of the separation of alcoa corporation from the company on november 1 , 2016 , and therefore are not comparable to pre-separation prices from earlier periods. . <table class='wikitable'><tr><td>1</td><td>quarter</td><td>2016 high</td><td>2016 low</td><td>2016 dividend</td><td>2016 high</td><td>2016 low</td><td>dividend</td></tr><tr><td>2</td><td>first</td><td>$ 30.66</td><td>$ 18.42</td><td>$ 0.09</td><td>$ 51.30</td><td>$ 37.95</td><td>$ 0.09</td></tr><tr><td>3</td><td>second</td><td>34.50</td><td>26.34</td><td>0.09</td><td>42.87</td><td>33.45</td><td>0.09</td></tr><tr><td>4</td><td>third</td><td>32.91</td><td>27.09</td><td>0.09</td><td>33.69</td><td>23.91</td><td>0.09</td></tr><tr><td>5</td><td>fourth ( separation occurred on november 1 2016 )</td><td>32.10</td><td>16.75</td><td>0.09</td><td>33.54</td><td>23.43</td><td>0.09</td></tr><tr><td>6</td><td>year</td><td>$ 34.50</td><td>$ 16.75</td><td>$ 0.36</td><td>$ 51.30</td><td>$ 23.43</td><td>$ 0.36</td></tr></table> the number of holders of record of common stock was approximately 12885 as of february 23 , 2017. . Conversations: q0: what was the high sales price in the second quarter of 2016? {answer0} q1: what was the high price in the first quarter? {answer1} q2: what is the ratio of the high prices, second quarter to first quarter? {answer2} Question: what is that less 1? Answer:
0.12524
3
401
convfinqa1420
In the context of this series of interconnected finance-related queries and the additional information provided by the pretext, table data, and posttext from a company's financial filings, please provide a response to the final question. This may require extracting information from the context and performing mathematical calculations. Please take into account the information provided in the preceding questions and their answers when formulating your response: Context: 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 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 $ 2.4 billion for 2014 , $ 2.3 billion for 2013 , and $ 2.1 billion for 2012 . assets held under capital leases are recorded at the lower of the net present value of the minimum lease payments or the fair value of the leased asset at the inception of the lease . amortization expense is computed using the straight-line method over the shorter of the estimated useful lives of the assets or the period of the related lease . 13 . accounts payable and other current liabilities dec . 31 , dec . 31 , millions 2014 2013 . <table class='wikitable'><tr><td>1</td><td>millions</td><td>dec . 31 2014</td><td>dec . 312013</td></tr><tr><td>2</td><td>accounts payable</td><td>$ 877</td><td>$ 803</td></tr><tr><td>3</td><td>dividends payable</td><td>438</td><td>356</td></tr><tr><td>4</td><td>income and other taxes payable</td><td>412</td><td>491</td></tr><tr><td>5</td><td>accrued wages and vacation</td><td>409</td><td>385</td></tr><tr><td>6</td><td>accrued casualty costs</td><td>249</td><td>207</td></tr><tr><td>7</td><td>interest payable</td><td>178</td><td>169</td></tr><tr><td>8</td><td>equipment rents payable</td><td>100</td><td>96</td></tr><tr><td>9</td><td>other</td><td>640</td><td>579</td></tr><tr><td>10</td><td>total accounts payable and othercurrent liabilities</td><td>$ 3303</td><td>$ 3086</td></tr></table> . Conversations: Question: what is the balance of total accounts payable and other current liabilities in 2014? Answer:
3303.0
0
402
convfinqa1421
In the context of this series of interconnected finance-related queries and the additional information provided by the pretext, table data, and posttext from a company's financial filings, please provide a response to the final question. This may require extracting information from the context and performing mathematical calculations. Please take into account the information provided in the preceding questions and their answers when formulating your response: Context: 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 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 $ 2.4 billion for 2014 , $ 2.3 billion for 2013 , and $ 2.1 billion for 2012 . assets held under capital leases are recorded at the lower of the net present value of the minimum lease payments or the fair value of the leased asset at the inception of the lease . amortization expense is computed using the straight-line method over the shorter of the estimated useful lives of the assets or the period of the related lease . 13 . accounts payable and other current liabilities dec . 31 , dec . 31 , millions 2014 2013 . <table class='wikitable'><tr><td>1</td><td>millions</td><td>dec . 31 2014</td><td>dec . 312013</td></tr><tr><td>2</td><td>accounts payable</td><td>$ 877</td><td>$ 803</td></tr><tr><td>3</td><td>dividends payable</td><td>438</td><td>356</td></tr><tr><td>4</td><td>income and other taxes payable</td><td>412</td><td>491</td></tr><tr><td>5</td><td>accrued wages and vacation</td><td>409</td><td>385</td></tr><tr><td>6</td><td>accrued casualty costs</td><td>249</td><td>207</td></tr><tr><td>7</td><td>interest payable</td><td>178</td><td>169</td></tr><tr><td>8</td><td>equipment rents payable</td><td>100</td><td>96</td></tr><tr><td>9</td><td>other</td><td>640</td><td>579</td></tr><tr><td>10</td><td>total accounts payable and othercurrent liabilities</td><td>$ 3303</td><td>$ 3086</td></tr></table> . Conversations: q0: what is the balance of total accounts payable and other current liabilities in 2014? {answer0} Question: what about in 2013? Answer:
3086.0
1
402
convfinqa1422
In the context of this series of interconnected finance-related queries and the additional information provided by the pretext, table data, and posttext from a company's financial filings, please provide a response to the final question. This may require extracting information from the context and performing mathematical calculations. Please take into account the information provided in the preceding questions and their answers when formulating your response: Context: 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 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 $ 2.4 billion for 2014 , $ 2.3 billion for 2013 , and $ 2.1 billion for 2012 . assets held under capital leases are recorded at the lower of the net present value of the minimum lease payments or the fair value of the leased asset at the inception of the lease . amortization expense is computed using the straight-line method over the shorter of the estimated useful lives of the assets or the period of the related lease . 13 . accounts payable and other current liabilities dec . 31 , dec . 31 , millions 2014 2013 . <table class='wikitable'><tr><td>1</td><td>millions</td><td>dec . 31 2014</td><td>dec . 312013</td></tr><tr><td>2</td><td>accounts payable</td><td>$ 877</td><td>$ 803</td></tr><tr><td>3</td><td>dividends payable</td><td>438</td><td>356</td></tr><tr><td>4</td><td>income and other taxes payable</td><td>412</td><td>491</td></tr><tr><td>5</td><td>accrued wages and vacation</td><td>409</td><td>385</td></tr><tr><td>6</td><td>accrued casualty costs</td><td>249</td><td>207</td></tr><tr><td>7</td><td>interest payable</td><td>178</td><td>169</td></tr><tr><td>8</td><td>equipment rents payable</td><td>100</td><td>96</td></tr><tr><td>9</td><td>other</td><td>640</td><td>579</td></tr><tr><td>10</td><td>total accounts payable and othercurrent liabilities</td><td>$ 3303</td><td>$ 3086</td></tr></table> . Conversations: q0: what is the balance of total accounts payable and other current liabilities in 2014? {answer0} q1: what about in 2013? {answer1} Question: what is the net change? Answer:
217.0
2
402
convfinqa1423
In the context of this series of interconnected finance-related queries and the additional information provided by the pretext, table data, and posttext from a company's financial filings, please provide a response to the final question. This may require extracting information from the context and performing mathematical calculations. Please take into account the information provided in the preceding questions and their answers when formulating your response: Context: 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 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 $ 2.4 billion for 2014 , $ 2.3 billion for 2013 , and $ 2.1 billion for 2012 . assets held under capital leases are recorded at the lower of the net present value of the minimum lease payments or the fair value of the leased asset at the inception of the lease . amortization expense is computed using the straight-line method over the shorter of the estimated useful lives of the assets or the period of the related lease . 13 . accounts payable and other current liabilities dec . 31 , dec . 31 , millions 2014 2013 . <table class='wikitable'><tr><td>1</td><td>millions</td><td>dec . 31 2014</td><td>dec . 312013</td></tr><tr><td>2</td><td>accounts payable</td><td>$ 877</td><td>$ 803</td></tr><tr><td>3</td><td>dividends payable</td><td>438</td><td>356</td></tr><tr><td>4</td><td>income and other taxes payable</td><td>412</td><td>491</td></tr><tr><td>5</td><td>accrued wages and vacation</td><td>409</td><td>385</td></tr><tr><td>6</td><td>accrued casualty costs</td><td>249</td><td>207</td></tr><tr><td>7</td><td>interest payable</td><td>178</td><td>169</td></tr><tr><td>8</td><td>equipment rents payable</td><td>100</td><td>96</td></tr><tr><td>9</td><td>other</td><td>640</td><td>579</td></tr><tr><td>10</td><td>total accounts payable and othercurrent liabilities</td><td>$ 3303</td><td>$ 3086</td></tr></table> . Conversations: q0: what is the balance of total accounts payable and other current liabilities in 2014? {answer0} q1: what about in 2013? {answer1} q2: what is the net change? {answer2} Question: what about percentage change? Answer:
0.07032
3
402
convfinqa1424
In the context of this series of interconnected finance-related queries and the additional information provided by the pretext, table data, and posttext from a company's financial filings, please provide a response to the final question. This may require extracting information from the context and performing mathematical calculations. Please take into account the information provided in the preceding questions and their answers when formulating your response: Context: during 2015 , $ 82 million of provision recapture was recorded for purchased impaired loans compared to $ 91 million of provision recapture during 2014 . charge-offs ( which were specifically for commercial loans greater than a defined threshold ) during 2015 were $ 12 million compared to $ 42 million during 2014 . at december 31 , 2015 and december 31 , 2014 , the alll on total purchased impaired loans was $ .3 billion and $ .9 billion , respectively . the decline in alll was primarily due to the change in our derecognition policy . for purchased impaired loan pools where an allowance has been recognized , subsequent increases in the net present value of cash flows will result in a provision recapture of any previously recorded alll to the extent applicable , and/or a reclassification from non-accretable difference to accretable yield , which will be recognized prospectively . individual loan transactions where final dispositions have occurred ( as noted above ) result in removal of the loans from their applicable pools for cash flow estimation purposes . the cash flow re- estimation process is completed quarterly to evaluate the appropriateness of the alll associated with the purchased impaired loans . activity for the accretable yield during 2015 and 2014 follows : table 66 : purchased impaired loans 2013 accretable yield . <table class='wikitable'><tr><td>1</td><td>in millions</td><td>2015</td><td>2014</td></tr><tr><td>2</td><td>january 1</td><td>$ 1558</td><td>$ 2055</td></tr><tr><td>3</td><td>accretion ( including excess cash recoveries )</td><td>-466 ( 466 )</td><td>-587 ( 587 )</td></tr><tr><td>4</td><td>net reclassifications to accretable from non-accretable</td><td>226</td><td>208</td></tr><tr><td>5</td><td>disposals</td><td>-68 ( 68 )</td><td>-118 ( 118 )</td></tr><tr><td>6</td><td>december 31</td><td>$ 1250</td><td>$ 1558</td></tr></table> note 5 allowances for loan and lease losses and unfunded loan commitments and letters of credit allowance for loan and lease losses we maintain the alll at levels that we believe to be appropriate to absorb estimated probable credit losses incurred in the portfolios as of the balance sheet date . we use the two main portfolio segments 2013 commercial lending and consumer lending 2013 and develop and document the alll under separate methodologies for each of these segments as discussed in note 1 accounting policies . a rollforward of the alll and associated loan data follows . the pnc financial services group , inc . 2013 form 10-k 141 . Conversations: Question: what was the net change on all total purchased impaired loans between 12/31/15 and 12/31/14? Answer:
-0.6
0
403
convfinqa1425
In the context of this series of interconnected finance-related queries and the additional information provided by the pretext, table data, and posttext from a company's financial filings, please provide a response to the final question. This may require extracting information from the context and performing mathematical calculations. Please take into account the information provided in the preceding questions and their answers when formulating your response: Context: during 2015 , $ 82 million of provision recapture was recorded for purchased impaired loans compared to $ 91 million of provision recapture during 2014 . charge-offs ( which were specifically for commercial loans greater than a defined threshold ) during 2015 were $ 12 million compared to $ 42 million during 2014 . at december 31 , 2015 and december 31 , 2014 , the alll on total purchased impaired loans was $ .3 billion and $ .9 billion , respectively . the decline in alll was primarily due to the change in our derecognition policy . for purchased impaired loan pools where an allowance has been recognized , subsequent increases in the net present value of cash flows will result in a provision recapture of any previously recorded alll to the extent applicable , and/or a reclassification from non-accretable difference to accretable yield , which will be recognized prospectively . individual loan transactions where final dispositions have occurred ( as noted above ) result in removal of the loans from their applicable pools for cash flow estimation purposes . the cash flow re- estimation process is completed quarterly to evaluate the appropriateness of the alll associated with the purchased impaired loans . activity for the accretable yield during 2015 and 2014 follows : table 66 : purchased impaired loans 2013 accretable yield . <table class='wikitable'><tr><td>1</td><td>in millions</td><td>2015</td><td>2014</td></tr><tr><td>2</td><td>january 1</td><td>$ 1558</td><td>$ 2055</td></tr><tr><td>3</td><td>accretion ( including excess cash recoveries )</td><td>-466 ( 466 )</td><td>-587 ( 587 )</td></tr><tr><td>4</td><td>net reclassifications to accretable from non-accretable</td><td>226</td><td>208</td></tr><tr><td>5</td><td>disposals</td><td>-68 ( 68 )</td><td>-118 ( 118 )</td></tr><tr><td>6</td><td>december 31</td><td>$ 1250</td><td>$ 1558</td></tr></table> note 5 allowances for loan and lease losses and unfunded loan commitments and letters of credit allowance for loan and lease losses we maintain the alll at levels that we believe to be appropriate to absorb estimated probable credit losses incurred in the portfolios as of the balance sheet date . we use the two main portfolio segments 2013 commercial lending and consumer lending 2013 and develop and document the alll under separate methodologies for each of these segments as discussed in note 1 accounting policies . a rollforward of the alll and associated loan data follows . the pnc financial services group , inc . 2013 form 10-k 141 . Conversations: q0: what was the net change on all total purchased impaired loans between 12/31/15 and 12/31/14? {answer0} Question: what was the total provision recapture for purchased impaired loans between 2014 and 2015? Answer:
173.0
1
403
convfinqa1426
In the context of this series of interconnected finance-related queries and the additional information provided by the pretext, table data, and posttext from a company's financial filings, please provide a response to the final question. This may require extracting information from the context and performing mathematical calculations. Please take into account the information provided in the preceding questions and their answers when formulating your response: Context: during 2015 , $ 82 million of provision recapture was recorded for purchased impaired loans compared to $ 91 million of provision recapture during 2014 . charge-offs ( which were specifically for commercial loans greater than a defined threshold ) during 2015 were $ 12 million compared to $ 42 million during 2014 . at december 31 , 2015 and december 31 , 2014 , the alll on total purchased impaired loans was $ .3 billion and $ .9 billion , respectively . the decline in alll was primarily due to the change in our derecognition policy . for purchased impaired loan pools where an allowance has been recognized , subsequent increases in the net present value of cash flows will result in a provision recapture of any previously recorded alll to the extent applicable , and/or a reclassification from non-accretable difference to accretable yield , which will be recognized prospectively . individual loan transactions where final dispositions have occurred ( as noted above ) result in removal of the loans from their applicable pools for cash flow estimation purposes . the cash flow re- estimation process is completed quarterly to evaluate the appropriateness of the alll associated with the purchased impaired loans . activity for the accretable yield during 2015 and 2014 follows : table 66 : purchased impaired loans 2013 accretable yield . <table class='wikitable'><tr><td>1</td><td>in millions</td><td>2015</td><td>2014</td></tr><tr><td>2</td><td>january 1</td><td>$ 1558</td><td>$ 2055</td></tr><tr><td>3</td><td>accretion ( including excess cash recoveries )</td><td>-466 ( 466 )</td><td>-587 ( 587 )</td></tr><tr><td>4</td><td>net reclassifications to accretable from non-accretable</td><td>226</td><td>208</td></tr><tr><td>5</td><td>disposals</td><td>-68 ( 68 )</td><td>-118 ( 118 )</td></tr><tr><td>6</td><td>december 31</td><td>$ 1250</td><td>$ 1558</td></tr></table> note 5 allowances for loan and lease losses and unfunded loan commitments and letters of credit allowance for loan and lease losses we maintain the alll at levels that we believe to be appropriate to absorb estimated probable credit losses incurred in the portfolios as of the balance sheet date . we use the two main portfolio segments 2013 commercial lending and consumer lending 2013 and develop and document the alll under separate methodologies for each of these segments as discussed in note 1 accounting policies . a rollforward of the alll and associated loan data follows . the pnc financial services group , inc . 2013 form 10-k 141 . Conversations: q0: what was the net change on all total purchased impaired loans between 12/31/15 and 12/31/14? {answer0} q1: what was the total provision recapture for purchased impaired loans between 2014 and 2015? {answer1} Question: so what was the average during this time? Answer:
86.5
2
403
convfinqa1427
In the context of this series of interconnected finance-related queries and the additional information provided by the pretext, table data, and posttext from a company's financial filings, please provide a response to the final question. This may require extracting information from the context and performing mathematical calculations. Please take into account the information provided in the preceding questions and their answers when formulating your response: Context: results of operations operating revenues millions 2014 2013 2012 % ( % ) change 2014 v 2013 % ( % ) change 2013 v 2012 . <table class='wikitable'><tr><td>1</td><td>millions</td><td>2014</td><td>2013</td><td>2012</td><td>% ( % ) change 2014 v 2013</td><td>% ( % ) change 2013 v 2012</td></tr><tr><td>2</td><td>freight revenues</td><td>$ 22560</td><td>$ 20684</td><td>$ 19686</td><td>9% ( 9 % )</td><td>5% ( 5 % )</td></tr><tr><td>3</td><td>other revenues</td><td>1428</td><td>1279</td><td>1240</td><td>12% ( 12 % )</td><td>3% ( 3 % )</td></tr><tr><td>4</td><td>total</td><td>$ 23988</td><td>$ 21963</td><td>$ 20926</td><td>9% ( 9 % )</td><td>5% ( 5 % )</td></tr></table> we generate freight revenues by transporting freight or other materials from our six commodity groups . freight revenues vary with volume ( carloads ) and average revenue per car ( arc ) . changes in price , traffic mix and fuel surcharges drive arc . we provide some of our customers with contractual incentives for meeting or exceeding specified cumulative volumes or shipping to and from specific locations , which we record as reductions to freight revenues based on the actual or projected future shipments . we recognize freight revenues as shipments move from origin to destination . we allocate freight revenues between reporting periods based on the relative transit time in each reporting period and recognize expenses as we incur them . other revenues include revenues earned by our subsidiaries , revenues from our commuter rail operations , and accessorial revenues , which we earn when customers retain equipment owned or controlled by us or when we perform additional services such as switching or storage . we recognize other revenues as we perform services or meet contractual obligations . freight revenues from all six commodity groups increased during 2014 compared to 2013 driven by 7% ( 7 % ) volume growth and core pricing gains of 2.5% ( 2.5 % ) . volume growth from grain , frac sand , rock , and intermodal ( domestic and international ) shipments offset declines in crude oil . freight revenues from five of our six commodity groups increased during 2013 compared to 2012 . revenue from agricultural products was down slightly compared to 2012 . arc increased 5% ( 5 % ) , driven by core pricing gains , shifts in business mix and an automotive logistics management arrangement . volume essentially was flat year over year as growth in automotive , frac sand , crude oil and domestic intermodal offset declines in coal , international intermodal and grain shipments . our fuel surcharge programs generated freight revenues of $ 2.8 billion , $ 2.6 billion , and $ 2.6 billion in 2014 , 2013 , and 2012 , respectively . fuel surcharge in 2014 increased 6% ( 6 % ) driven by our 7% ( 7 % ) carloadings increase . fuel surcharge in 2013 essentially was flat versus 2012 as lower fuel price offset improved fuel recovery provisions and the lag effect of our programs ( surcharges trail fluctuations in fuel price by approximately two months ) . in 2014 , other revenue increased from 2013 due to higher revenues at our subsidiaries , primarily those that broker intermodal and automotive services , accessorial revenue driven by increased volume and per diem revenue for container usage ( previously included in automotive freight revenue ) . in 2013 , other revenue increased from 2012 due primarily to miscellaneous contract revenue and higher revenues at our subsidiaries that broker intermodal and automotive services. . Conversations: Question: what was the difference in fuel surcharge program freight revenue between 2012 and 2013? Answer:
0.0
0
404
convfinqa1428
In the context of this series of interconnected finance-related queries and the additional information provided by the pretext, table data, and posttext from a company's financial filings, please provide a response to the final question. This may require extracting information from the context and performing mathematical calculations. Please take into account the information provided in the preceding questions and their answers when formulating your response: Context: results of operations operating revenues millions 2014 2013 2012 % ( % ) change 2014 v 2013 % ( % ) change 2013 v 2012 . <table class='wikitable'><tr><td>1</td><td>millions</td><td>2014</td><td>2013</td><td>2012</td><td>% ( % ) change 2014 v 2013</td><td>% ( % ) change 2013 v 2012</td></tr><tr><td>2</td><td>freight revenues</td><td>$ 22560</td><td>$ 20684</td><td>$ 19686</td><td>9% ( 9 % )</td><td>5% ( 5 % )</td></tr><tr><td>3</td><td>other revenues</td><td>1428</td><td>1279</td><td>1240</td><td>12% ( 12 % )</td><td>3% ( 3 % )</td></tr><tr><td>4</td><td>total</td><td>$ 23988</td><td>$ 21963</td><td>$ 20926</td><td>9% ( 9 % )</td><td>5% ( 5 % )</td></tr></table> we generate freight revenues by transporting freight or other materials from our six commodity groups . freight revenues vary with volume ( carloads ) and average revenue per car ( arc ) . changes in price , traffic mix and fuel surcharges drive arc . we provide some of our customers with contractual incentives for meeting or exceeding specified cumulative volumes or shipping to and from specific locations , which we record as reductions to freight revenues based on the actual or projected future shipments . we recognize freight revenues as shipments move from origin to destination . we allocate freight revenues between reporting periods based on the relative transit time in each reporting period and recognize expenses as we incur them . other revenues include revenues earned by our subsidiaries , revenues from our commuter rail operations , and accessorial revenues , which we earn when customers retain equipment owned or controlled by us or when we perform additional services such as switching or storage . we recognize other revenues as we perform services or meet contractual obligations . freight revenues from all six commodity groups increased during 2014 compared to 2013 driven by 7% ( 7 % ) volume growth and core pricing gains of 2.5% ( 2.5 % ) . volume growth from grain , frac sand , rock , and intermodal ( domestic and international ) shipments offset declines in crude oil . freight revenues from five of our six commodity groups increased during 2013 compared to 2012 . revenue from agricultural products was down slightly compared to 2012 . arc increased 5% ( 5 % ) , driven by core pricing gains , shifts in business mix and an automotive logistics management arrangement . volume essentially was flat year over year as growth in automotive , frac sand , crude oil and domestic intermodal offset declines in coal , international intermodal and grain shipments . our fuel surcharge programs generated freight revenues of $ 2.8 billion , $ 2.6 billion , and $ 2.6 billion in 2014 , 2013 , and 2012 , respectively . fuel surcharge in 2014 increased 6% ( 6 % ) driven by our 7% ( 7 % ) carloadings increase . fuel surcharge in 2013 essentially was flat versus 2012 as lower fuel price offset improved fuel recovery provisions and the lag effect of our programs ( surcharges trail fluctuations in fuel price by approximately two months ) . in 2014 , other revenue increased from 2013 due to higher revenues at our subsidiaries , primarily those that broker intermodal and automotive services , accessorial revenue driven by increased volume and per diem revenue for container usage ( previously included in automotive freight revenue ) . in 2013 , other revenue increased from 2012 due primarily to miscellaneous contract revenue and higher revenues at our subsidiaries that broker intermodal and automotive services. . Conversations: q0: what was the difference in fuel surcharge program freight revenue between 2012 and 2013? {answer0} Question: and the percentage change during this time? Answer:
0.0
1
404
convfinqa1429
In the context of this series of interconnected finance-related queries and the additional information provided by the pretext, table data, and posttext from a company's financial filings, please provide a response to the final question. This may require extracting information from the context and performing mathematical calculations. Please take into account the information provided in the preceding questions and their answers when formulating your response: Context: the hartford financial services group , inc . notes to consolidated financial statements ( continued ) 7 . deferred policy acquisition costs and present value of future profits ( continued ) results changes in the dac balance are as follows: . <table class='wikitable'><tr><td>1</td><td></td><td>2011</td><td>2010</td><td>2009</td></tr><tr><td>2</td><td>balance january 1</td><td>$ 9857</td><td>$ 10686</td><td>$ 13248</td></tr><tr><td>3</td><td>deferred costs</td><td>2608</td><td>2648</td><td>2853</td></tr><tr><td>4</td><td>amortization 2014 dac</td><td>-2920 ( 2920 )</td><td>-2665 ( 2665 )</td><td>-3247 ( 3247 )</td></tr><tr><td>5</td><td>amortization 2014 dac from discontinued operations</td><td>2014</td><td>-17 ( 17 )</td><td>-10 ( 10 )</td></tr><tr><td>6</td><td>amortization 2014 unlock benefit ( charge ) pre-tax [1]</td><td>-507 ( 507 )</td><td>138</td><td>-1010 ( 1010 )</td></tr><tr><td>7</td><td>adjustments to unrealized gains and losses on securities available-for-sale and other [2]</td><td>-377 ( 377 )</td><td>-1159 ( 1159 )</td><td>-1031 ( 1031 )</td></tr><tr><td>8</td><td>effect of currency translation</td><td>83</td><td>215</td><td>-39 ( 39 )</td></tr><tr><td>9</td><td>cumulative effect of accounting change pre-tax [3]</td><td>2014</td><td>11</td><td>-78 ( 78 )</td></tr><tr><td>10</td><td>balance december 31</td><td>$ 8744</td><td>$ 9857</td><td>$ 10686</td></tr></table> [1] the most significant contributors to the unlock charge recorded during the year ended december 31 , 2011 were assumption changes which reduced expected future gross profits including additional costs associated with implementing the japan hedging strategy and the u.s . variable annuity macro hedge program , as well as actual separate account returns below our aggregated estimated return . the most significant contributors to the unlock benefit recorded during the year ended december 31 , 2010 were actual separate account returns being above our aggregated estimated return . also included in the benefit are assumption updates related to benefits from withdrawals and lapses , offset by hedging , annuitization estimates on japan products , and long-term expected rate of return updates . the most significant contributors to the unlock charge recorded during the year ended december 31 , 2009 were the results of actual separate account returns being significantly below our aggregated estimated return for the first quarter of 2009 , partially offset by actual returns being greater than our aggregated estimated return for the period from april 1 , 2009 to december 31 , 2009 . [2] the most significant contributor to the adjustments was the effect of declining interest rates , resulting in unrealized gains on securities classified in aoci . other includes a $ 34 decrease as a result of the disposition of dac from the sale of the hartford investment canadian canada in 2010 . [3] for the year ended december 31 , 2010 the effect of adopting new accounting guidance for embedded credit derivatives resulted in a decrease to retained earnings and , as a result , a dac benefit . in addition , an offsetting amount was recorded in unrealized losses as unrealized losses decreased upon adoption of the new accounting guidance . for the year ended december 31 , 2009 the effect of adopting new accounting guidance for investments other- than- temporarily impaired resulted in an increase to retained earnings and , as a result , a dac charge . in addition , an offsetting amount was recorded in unrealized losses as unrealized losses increased upon adoption of the new accounting guidance . as of december 31 , 2011 , estimated future net amortization expense of present value of future profits for the succeeding five years is $ 39 , $ 58 , $ 24 , $ 23 and $ 22 in 2012 , 2013 , 2014 , 2015 and 2016 , respectively. . Conversations: Question: what is the net change in estimated future net amortization expense of present value of future profits from 2013 to 2014? Answer:
-34.0
0
405
convfinqa1430
In the context of this series of interconnected finance-related queries and the additional information provided by the pretext, table data, and posttext from a company's financial filings, please provide a response to the final question. This may require extracting information from the context and performing mathematical calculations. Please take into account the information provided in the preceding questions and their answers when formulating your response: Context: the hartford financial services group , inc . notes to consolidated financial statements ( continued ) 7 . deferred policy acquisition costs and present value of future profits ( continued ) results changes in the dac balance are as follows: . <table class='wikitable'><tr><td>1</td><td></td><td>2011</td><td>2010</td><td>2009</td></tr><tr><td>2</td><td>balance january 1</td><td>$ 9857</td><td>$ 10686</td><td>$ 13248</td></tr><tr><td>3</td><td>deferred costs</td><td>2608</td><td>2648</td><td>2853</td></tr><tr><td>4</td><td>amortization 2014 dac</td><td>-2920 ( 2920 )</td><td>-2665 ( 2665 )</td><td>-3247 ( 3247 )</td></tr><tr><td>5</td><td>amortization 2014 dac from discontinued operations</td><td>2014</td><td>-17 ( 17 )</td><td>-10 ( 10 )</td></tr><tr><td>6</td><td>amortization 2014 unlock benefit ( charge ) pre-tax [1]</td><td>-507 ( 507 )</td><td>138</td><td>-1010 ( 1010 )</td></tr><tr><td>7</td><td>adjustments to unrealized gains and losses on securities available-for-sale and other [2]</td><td>-377 ( 377 )</td><td>-1159 ( 1159 )</td><td>-1031 ( 1031 )</td></tr><tr><td>8</td><td>effect of currency translation</td><td>83</td><td>215</td><td>-39 ( 39 )</td></tr><tr><td>9</td><td>cumulative effect of accounting change pre-tax [3]</td><td>2014</td><td>11</td><td>-78 ( 78 )</td></tr><tr><td>10</td><td>balance december 31</td><td>$ 8744</td><td>$ 9857</td><td>$ 10686</td></tr></table> [1] the most significant contributors to the unlock charge recorded during the year ended december 31 , 2011 were assumption changes which reduced expected future gross profits including additional costs associated with implementing the japan hedging strategy and the u.s . variable annuity macro hedge program , as well as actual separate account returns below our aggregated estimated return . the most significant contributors to the unlock benefit recorded during the year ended december 31 , 2010 were actual separate account returns being above our aggregated estimated return . also included in the benefit are assumption updates related to benefits from withdrawals and lapses , offset by hedging , annuitization estimates on japan products , and long-term expected rate of return updates . the most significant contributors to the unlock charge recorded during the year ended december 31 , 2009 were the results of actual separate account returns being significantly below our aggregated estimated return for the first quarter of 2009 , partially offset by actual returns being greater than our aggregated estimated return for the period from april 1 , 2009 to december 31 , 2009 . [2] the most significant contributor to the adjustments was the effect of declining interest rates , resulting in unrealized gains on securities classified in aoci . other includes a $ 34 decrease as a result of the disposition of dac from the sale of the hartford investment canadian canada in 2010 . [3] for the year ended december 31 , 2010 the effect of adopting new accounting guidance for embedded credit derivatives resulted in a decrease to retained earnings and , as a result , a dac benefit . in addition , an offsetting amount was recorded in unrealized losses as unrealized losses decreased upon adoption of the new accounting guidance . for the year ended december 31 , 2009 the effect of adopting new accounting guidance for investments other- than- temporarily impaired resulted in an increase to retained earnings and , as a result , a dac charge . in addition , an offsetting amount was recorded in unrealized losses as unrealized losses increased upon adoption of the new accounting guidance . as of december 31 , 2011 , estimated future net amortization expense of present value of future profits for the succeeding five years is $ 39 , $ 58 , $ 24 , $ 23 and $ 22 in 2012 , 2013 , 2014 , 2015 and 2016 , respectively. . Conversations: q0: what is the net change in estimated future net amortization expense of present value of future profits from 2013 to 2014? {answer0} Question: what percentage change does this represent? Answer:
-0.58621
1
405
convfinqa1431
In the context of this series of interconnected finance-related queries and the additional information provided by the pretext, table data, and posttext from a company's financial filings, please provide a response to the final question. This may require extracting information from the context and performing mathematical calculations. Please take into account the information provided in the preceding questions and their answers when formulating your response: Context: rights each holder of a share of outstanding common stock also holds one share purchase right ( a "right" ) for each share of common stock . each right entitles the holder to purchase from the company one half of one-hundredth of a share of series a junior participating preferred stock , $ 0.01 par value ( the "junior preferred shares" ) , of the company at a price of $ 135 per one half of one-hundredth of a junior preferred share ( the "purchase price" ) . the rights are not exercisable until the earlier of acquisition by a person or group of 15% ( 15 % ) or more of the outstanding common stock ( an "acquiring person" ) or the announcement of an intention to make or commencement of a tender offer or exchange offer , the consummation of which would result in the beneficial ownership by a person or group of 15% ( 15 % ) or more of the outstanding common stock . in the event that any person or group becomes an acquiring person , each holder of a right other than the acquiring person will thereafter have the right to receive upon exercise that number of shares of common stock having a market value of two times the purchase price and , in the event that the company is acquired in a business combination transaction or 50% ( 50 % ) or more of its assets are sold , each holder of a right will thereafter have the right to receive upon exercise that number of shares of common stock of the acquiring company which at the time of the transaction will have a market value of two times the purchase price . under certain specified circumstances , the board of directors of the company may cause the rights ( other than rights owned by such person or group ) to be exchanged , in whole or in part , for common stock or junior preferred shares , at an exchange rate of one share of common stock per right or one half of one-hundredth of a junior preferred share per right . at any time prior to the acquisition by a person or group of beneficial ownership of 15% ( 15 % ) or more of the outstanding common stock , the board of directors of the company may redeem the rights in whole at a price of $ 0.01 per right . common stock reserved for future issuance at december 31 , 2003 , the company has reserved shares of common stock for future issuance under all equity compensation plans as follows ( shares in thousands ) : p . significant revenue arrangements the company has formed strategic collaborations with major pharmaceutical companies in the areas of drug discovery , development , and commercialization . research and development agreements provide the company with financial support and other valuable resources for research programs and development of clinical drug candidates , product development and marketing and sales of products . collaborative research and development agreements in the company's collaborative research , development and commercialization programs the company seeks to discover , develop and commercialize major pharmaceutical products in conjunction with and supported by the company's collaborators . collaborative research and development arrangements provide research funding over an initial contract period with renewal and termination options that vary by agreement . the agreements also include milestone payments based on the achievement or the occurrence of a designated event . the agreements may also contain development reimbursement provisions , royalty rights or profit sharing rights and manufacturing options . the terms of each agreement vary . the company has entered into significant research and development collaborations with large pharmaceutical companies . p . significant revenue arrangements novartis in may 2000 , the company and novartis pharma ag ( "novartis" ) entered into an agreement to collaborate on the discovery , development and commercialization of small molecule drugs directed at targets in the kinase protein family . under the agreement , novartis agreed to pay the company an up-front payment of $ 15000000 made upon signing of the agreement , up to $ 200000000 in product research funding over six . <table class='wikitable'><tr><td>1</td><td>common stock under stock and option plans</td><td>21829</td></tr><tr><td>2</td><td>common stock under the vertex purchase plan</td><td>249</td></tr><tr><td>3</td><td>common stock under the vertex 401 ( k ) plan</td><td>125</td></tr><tr><td>4</td><td>total</td><td>22203</td></tr></table> . Conversations: Question: what was the difference common stock under stock and option plans and the total number? Answer:
374.0
0
406
convfinqa1432
In the context of this series of interconnected finance-related queries and the additional information provided by the pretext, table data, and posttext from a company's financial filings, please provide a response to the final question. This may require extracting information from the context and performing mathematical calculations. Please take into account the information provided in the preceding questions and their answers when formulating your response: Context: rights each holder of a share of outstanding common stock also holds one share purchase right ( a "right" ) for each share of common stock . each right entitles the holder to purchase from the company one half of one-hundredth of a share of series a junior participating preferred stock , $ 0.01 par value ( the "junior preferred shares" ) , of the company at a price of $ 135 per one half of one-hundredth of a junior preferred share ( the "purchase price" ) . the rights are not exercisable until the earlier of acquisition by a person or group of 15% ( 15 % ) or more of the outstanding common stock ( an "acquiring person" ) or the announcement of an intention to make or commencement of a tender offer or exchange offer , the consummation of which would result in the beneficial ownership by a person or group of 15% ( 15 % ) or more of the outstanding common stock . in the event that any person or group becomes an acquiring person , each holder of a right other than the acquiring person will thereafter have the right to receive upon exercise that number of shares of common stock having a market value of two times the purchase price and , in the event that the company is acquired in a business combination transaction or 50% ( 50 % ) or more of its assets are sold , each holder of a right will thereafter have the right to receive upon exercise that number of shares of common stock of the acquiring company which at the time of the transaction will have a market value of two times the purchase price . under certain specified circumstances , the board of directors of the company may cause the rights ( other than rights owned by such person or group ) to be exchanged , in whole or in part , for common stock or junior preferred shares , at an exchange rate of one share of common stock per right or one half of one-hundredth of a junior preferred share per right . at any time prior to the acquisition by a person or group of beneficial ownership of 15% ( 15 % ) or more of the outstanding common stock , the board of directors of the company may redeem the rights in whole at a price of $ 0.01 per right . common stock reserved for future issuance at december 31 , 2003 , the company has reserved shares of common stock for future issuance under all equity compensation plans as follows ( shares in thousands ) : p . significant revenue arrangements the company has formed strategic collaborations with major pharmaceutical companies in the areas of drug discovery , development , and commercialization . research and development agreements provide the company with financial support and other valuable resources for research programs and development of clinical drug candidates , product development and marketing and sales of products . collaborative research and development agreements in the company's collaborative research , development and commercialization programs the company seeks to discover , develop and commercialize major pharmaceutical products in conjunction with and supported by the company's collaborators . collaborative research and development arrangements provide research funding over an initial contract period with renewal and termination options that vary by agreement . the agreements also include milestone payments based on the achievement or the occurrence of a designated event . the agreements may also contain development reimbursement provisions , royalty rights or profit sharing rights and manufacturing options . the terms of each agreement vary . the company has entered into significant research and development collaborations with large pharmaceutical companies . p . significant revenue arrangements novartis in may 2000 , the company and novartis pharma ag ( "novartis" ) entered into an agreement to collaborate on the discovery , development and commercialization of small molecule drugs directed at targets in the kinase protein family . under the agreement , novartis agreed to pay the company an up-front payment of $ 15000000 made upon signing of the agreement , up to $ 200000000 in product research funding over six . <table class='wikitable'><tr><td>1</td><td>common stock under stock and option plans</td><td>21829</td></tr><tr><td>2</td><td>common stock under the vertex purchase plan</td><td>249</td></tr><tr><td>3</td><td>common stock under the vertex 401 ( k ) plan</td><td>125</td></tr><tr><td>4</td><td>total</td><td>22203</td></tr></table> . Conversations: q0: what was the difference common stock under stock and option plans and the total number? {answer0} Question: so what was the percentage change? Answer:
0.01713
1
406
convfinqa1433
In the context of this series of interconnected finance-related queries and the additional information provided by the pretext, table data, and posttext from a company's financial filings, please provide a response to the final question. This may require extracting information from the context and performing mathematical calculations. Please take into account the information provided in the preceding questions and their answers when formulating your response: Context: part ii item 5 . market for registrant 2019s common equity , related stockholder matters and issuer purchases of equity securities . the company 2019s common stock is listed on the new york stock exchange . prior to the separation of alcoa corporation from the company , the company 2019s common stock traded under the symbol 201caa . 201d in connection with the separation , on november 1 , 2016 , the company changed its stock symbol and its common stock began trading under the symbol 201carnc . 201d on october 5 , 2016 , the company 2019s common shareholders approved a 1-for-3 reverse stock split of the company 2019s outstanding and authorized shares of common stock ( the 201creverse stock split 201d ) . as a result of the reverse stock split , every three shares of issued and outstanding common stock were combined into one issued and outstanding share of common stock , without any change in the par value per share . the reverse stock split reduced the number of shares of common stock outstanding from approximately 1.3 billion shares to approximately 0.4 billion shares , and proportionately decreased the number of authorized shares of common stock from 1.8 billion to 0.6 billion shares . the company 2019s common stock began trading on a reverse stock split-adjusted basis on october 6 , 2016 . on november 1 , 2016 , the company completed the separation of its business into two independent , publicly traded companies : the company and alcoa corporation . the separation was effected by means of a pro rata distribution by the company of 80.1% ( 80.1 % ) of the outstanding shares of alcoa corporation common stock to the company 2019s shareholders . the company 2019s shareholders of record as of the close of business on october 20 , 2016 ( the 201crecord date 201d ) received one share of alcoa corporation common stock for every three shares of the company 2019s common stock held as of the record date . the company retained 19.9% ( 19.9 % ) of the outstanding common stock of alcoa corporation immediately following the separation . see disposition of retained shares in note c to the consolidated financial statements in part ii item 8 of this form 10-k . the following table sets forth , for the periods indicated , the high and low sales prices and quarterly dividend amounts per share of the company 2019s common stock as reported on the new york stock exchange , adjusted to take into account the reverse stock split effected on october 6 , 2016 . the prices listed below for those dates prior to november 1 , 2016 reflect stock trading prices of alcoa inc . prior to the separation of alcoa corporation from the company on november 1 , 2016 , and therefore are not comparable to the company 2019s post-separation prices. . <table class='wikitable'><tr><td>1</td><td>quarter</td><td>2017 high</td><td>2017 low</td><td>2017 dividend</td><td>2017 high</td><td>2017 low</td><td>dividend</td></tr><tr><td>2</td><td>first</td><td>$ 30.69</td><td>$ 18.64</td><td>$ 0.06</td><td>$ 30.66</td><td>$ 18.42</td><td>$ 0.09</td></tr><tr><td>3</td><td>second</td><td>28.65</td><td>21.76</td><td>0.06</td><td>34.50</td><td>26.34</td><td>0.09</td></tr><tr><td>4</td><td>third</td><td>26.84</td><td>22.67</td><td>0.06</td><td>32.91</td><td>27.09</td><td>0.09</td></tr><tr><td>5</td><td>fourth ( separation occurred on november 1 2016 )</td><td>27.85</td><td>22.74</td><td>0.06</td><td>32.10</td><td>16.75</td><td>0.09</td></tr><tr><td>6</td><td>year</td><td>$ 30.69</td><td>$ 18.64</td><td>$ 0.24</td><td>$ 34.50</td><td>$ 16.75</td><td>$ 0.36</td></tr></table> the number of holders of record of common stock was approximately 12271 as of february 16 , 2018. . Conversations: Question: what is the highest stock price in the second quarter of 2017? Answer:
28.65
0
407
convfinqa1434
In the context of this series of interconnected finance-related queries and the additional information provided by the pretext, table data, and posttext from a company's financial filings, please provide a response to the final question. This may require extracting information from the context and performing mathematical calculations. Please take into account the information provided in the preceding questions and their answers when formulating your response: Context: part ii item 5 . market for registrant 2019s common equity , related stockholder matters and issuer purchases of equity securities . the company 2019s common stock is listed on the new york stock exchange . prior to the separation of alcoa corporation from the company , the company 2019s common stock traded under the symbol 201caa . 201d in connection with the separation , on november 1 , 2016 , the company changed its stock symbol and its common stock began trading under the symbol 201carnc . 201d on october 5 , 2016 , the company 2019s common shareholders approved a 1-for-3 reverse stock split of the company 2019s outstanding and authorized shares of common stock ( the 201creverse stock split 201d ) . as a result of the reverse stock split , every three shares of issued and outstanding common stock were combined into one issued and outstanding share of common stock , without any change in the par value per share . the reverse stock split reduced the number of shares of common stock outstanding from approximately 1.3 billion shares to approximately 0.4 billion shares , and proportionately decreased the number of authorized shares of common stock from 1.8 billion to 0.6 billion shares . the company 2019s common stock began trading on a reverse stock split-adjusted basis on october 6 , 2016 . on november 1 , 2016 , the company completed the separation of its business into two independent , publicly traded companies : the company and alcoa corporation . the separation was effected by means of a pro rata distribution by the company of 80.1% ( 80.1 % ) of the outstanding shares of alcoa corporation common stock to the company 2019s shareholders . the company 2019s shareholders of record as of the close of business on october 20 , 2016 ( the 201crecord date 201d ) received one share of alcoa corporation common stock for every three shares of the company 2019s common stock held as of the record date . the company retained 19.9% ( 19.9 % ) of the outstanding common stock of alcoa corporation immediately following the separation . see disposition of retained shares in note c to the consolidated financial statements in part ii item 8 of this form 10-k . the following table sets forth , for the periods indicated , the high and low sales prices and quarterly dividend amounts per share of the company 2019s common stock as reported on the new york stock exchange , adjusted to take into account the reverse stock split effected on october 6 , 2016 . the prices listed below for those dates prior to november 1 , 2016 reflect stock trading prices of alcoa inc . prior to the separation of alcoa corporation from the company on november 1 , 2016 , and therefore are not comparable to the company 2019s post-separation prices. . <table class='wikitable'><tr><td>1</td><td>quarter</td><td>2017 high</td><td>2017 low</td><td>2017 dividend</td><td>2017 high</td><td>2017 low</td><td>dividend</td></tr><tr><td>2</td><td>first</td><td>$ 30.69</td><td>$ 18.64</td><td>$ 0.06</td><td>$ 30.66</td><td>$ 18.42</td><td>$ 0.09</td></tr><tr><td>3</td><td>second</td><td>28.65</td><td>21.76</td><td>0.06</td><td>34.50</td><td>26.34</td><td>0.09</td></tr><tr><td>4</td><td>third</td><td>26.84</td><td>22.67</td><td>0.06</td><td>32.91</td><td>27.09</td><td>0.09</td></tr><tr><td>5</td><td>fourth ( separation occurred on november 1 2016 )</td><td>27.85</td><td>22.74</td><td>0.06</td><td>32.10</td><td>16.75</td><td>0.09</td></tr><tr><td>6</td><td>year</td><td>$ 30.69</td><td>$ 18.64</td><td>$ 0.24</td><td>$ 34.50</td><td>$ 16.75</td><td>$ 0.36</td></tr></table> the number of holders of record of common stock was approximately 12271 as of february 16 , 2018. . Conversations: q0: what is the highest stock price in the second quarter of 2017? {answer0} Question: what about the lowest stock price? Answer:
21.76
1
407
convfinqa1435
In the context of this series of interconnected finance-related queries and the additional information provided by the pretext, table data, and posttext from a company's financial filings, please provide a response to the final question. This may require extracting information from the context and performing mathematical calculations. Please take into account the information provided in the preceding questions and their answers when formulating your response: Context: part ii item 5 . market for registrant 2019s common equity , related stockholder matters and issuer purchases of equity securities . the company 2019s common stock is listed on the new york stock exchange . prior to the separation of alcoa corporation from the company , the company 2019s common stock traded under the symbol 201caa . 201d in connection with the separation , on november 1 , 2016 , the company changed its stock symbol and its common stock began trading under the symbol 201carnc . 201d on october 5 , 2016 , the company 2019s common shareholders approved a 1-for-3 reverse stock split of the company 2019s outstanding and authorized shares of common stock ( the 201creverse stock split 201d ) . as a result of the reverse stock split , every three shares of issued and outstanding common stock were combined into one issued and outstanding share of common stock , without any change in the par value per share . the reverse stock split reduced the number of shares of common stock outstanding from approximately 1.3 billion shares to approximately 0.4 billion shares , and proportionately decreased the number of authorized shares of common stock from 1.8 billion to 0.6 billion shares . the company 2019s common stock began trading on a reverse stock split-adjusted basis on october 6 , 2016 . on november 1 , 2016 , the company completed the separation of its business into two independent , publicly traded companies : the company and alcoa corporation . the separation was effected by means of a pro rata distribution by the company of 80.1% ( 80.1 % ) of the outstanding shares of alcoa corporation common stock to the company 2019s shareholders . the company 2019s shareholders of record as of the close of business on october 20 , 2016 ( the 201crecord date 201d ) received one share of alcoa corporation common stock for every three shares of the company 2019s common stock held as of the record date . the company retained 19.9% ( 19.9 % ) of the outstanding common stock of alcoa corporation immediately following the separation . see disposition of retained shares in note c to the consolidated financial statements in part ii item 8 of this form 10-k . the following table sets forth , for the periods indicated , the high and low sales prices and quarterly dividend amounts per share of the company 2019s common stock as reported on the new york stock exchange , adjusted to take into account the reverse stock split effected on october 6 , 2016 . the prices listed below for those dates prior to november 1 , 2016 reflect stock trading prices of alcoa inc . prior to the separation of alcoa corporation from the company on november 1 , 2016 , and therefore are not comparable to the company 2019s post-separation prices. . <table class='wikitable'><tr><td>1</td><td>quarter</td><td>2017 high</td><td>2017 low</td><td>2017 dividend</td><td>2017 high</td><td>2017 low</td><td>dividend</td></tr><tr><td>2</td><td>first</td><td>$ 30.69</td><td>$ 18.64</td><td>$ 0.06</td><td>$ 30.66</td><td>$ 18.42</td><td>$ 0.09</td></tr><tr><td>3</td><td>second</td><td>28.65</td><td>21.76</td><td>0.06</td><td>34.50</td><td>26.34</td><td>0.09</td></tr><tr><td>4</td><td>third</td><td>26.84</td><td>22.67</td><td>0.06</td><td>32.91</td><td>27.09</td><td>0.09</td></tr><tr><td>5</td><td>fourth ( separation occurred on november 1 2016 )</td><td>27.85</td><td>22.74</td><td>0.06</td><td>32.10</td><td>16.75</td><td>0.09</td></tr><tr><td>6</td><td>year</td><td>$ 30.69</td><td>$ 18.64</td><td>$ 0.24</td><td>$ 34.50</td><td>$ 16.75</td><td>$ 0.36</td></tr></table> the number of holders of record of common stock was approximately 12271 as of february 16 , 2018. . Conversations: q0: what is the highest stock price in the second quarter of 2017? {answer0} q1: what about the lowest stock price? {answer1} Question: what is the sum of these two? Answer:
50.41
2
407
convfinqa1436
In the context of this series of interconnected finance-related queries and the additional information provided by the pretext, table data, and posttext from a company's financial filings, please provide a response to the final question. This may require extracting information from the context and performing mathematical calculations. Please take into account the information provided in the preceding questions and their answers when formulating your response: Context: part ii item 5 . market for registrant 2019s common equity , related stockholder matters and issuer purchases of equity securities . the company 2019s common stock is listed on the new york stock exchange . prior to the separation of alcoa corporation from the company , the company 2019s common stock traded under the symbol 201caa . 201d in connection with the separation , on november 1 , 2016 , the company changed its stock symbol and its common stock began trading under the symbol 201carnc . 201d on october 5 , 2016 , the company 2019s common shareholders approved a 1-for-3 reverse stock split of the company 2019s outstanding and authorized shares of common stock ( the 201creverse stock split 201d ) . as a result of the reverse stock split , every three shares of issued and outstanding common stock were combined into one issued and outstanding share of common stock , without any change in the par value per share . the reverse stock split reduced the number of shares of common stock outstanding from approximately 1.3 billion shares to approximately 0.4 billion shares , and proportionately decreased the number of authorized shares of common stock from 1.8 billion to 0.6 billion shares . the company 2019s common stock began trading on a reverse stock split-adjusted basis on october 6 , 2016 . on november 1 , 2016 , the company completed the separation of its business into two independent , publicly traded companies : the company and alcoa corporation . the separation was effected by means of a pro rata distribution by the company of 80.1% ( 80.1 % ) of the outstanding shares of alcoa corporation common stock to the company 2019s shareholders . the company 2019s shareholders of record as of the close of business on october 20 , 2016 ( the 201crecord date 201d ) received one share of alcoa corporation common stock for every three shares of the company 2019s common stock held as of the record date . the company retained 19.9% ( 19.9 % ) of the outstanding common stock of alcoa corporation immediately following the separation . see disposition of retained shares in note c to the consolidated financial statements in part ii item 8 of this form 10-k . the following table sets forth , for the periods indicated , the high and low sales prices and quarterly dividend amounts per share of the company 2019s common stock as reported on the new york stock exchange , adjusted to take into account the reverse stock split effected on october 6 , 2016 . the prices listed below for those dates prior to november 1 , 2016 reflect stock trading prices of alcoa inc . prior to the separation of alcoa corporation from the company on november 1 , 2016 , and therefore are not comparable to the company 2019s post-separation prices. . <table class='wikitable'><tr><td>1</td><td>quarter</td><td>2017 high</td><td>2017 low</td><td>2017 dividend</td><td>2017 high</td><td>2017 low</td><td>dividend</td></tr><tr><td>2</td><td>first</td><td>$ 30.69</td><td>$ 18.64</td><td>$ 0.06</td><td>$ 30.66</td><td>$ 18.42</td><td>$ 0.09</td></tr><tr><td>3</td><td>second</td><td>28.65</td><td>21.76</td><td>0.06</td><td>34.50</td><td>26.34</td><td>0.09</td></tr><tr><td>4</td><td>third</td><td>26.84</td><td>22.67</td><td>0.06</td><td>32.91</td><td>27.09</td><td>0.09</td></tr><tr><td>5</td><td>fourth ( separation occurred on november 1 2016 )</td><td>27.85</td><td>22.74</td><td>0.06</td><td>32.10</td><td>16.75</td><td>0.09</td></tr><tr><td>6</td><td>year</td><td>$ 30.69</td><td>$ 18.64</td><td>$ 0.24</td><td>$ 34.50</td><td>$ 16.75</td><td>$ 0.36</td></tr></table> the number of holders of record of common stock was approximately 12271 as of february 16 , 2018. . Conversations: q0: what is the highest stock price in the second quarter of 2017? {answer0} q1: what about the lowest stock price? {answer1} q2: what is the sum of these two? {answer2} Question: what about the average? Answer:
25.205
3
407
convfinqa1437
In the context of this series of interconnected finance-related queries and the additional information provided by the pretext, table data, and posttext from a company's financial filings, please provide a response to the final question. This may require extracting information from the context and performing mathematical calculations. Please take into account the information provided in the preceding questions and their answers when formulating your response: Context: entergy corporation and subsidiaries notes to financial statements ( a ) consists of pollution control revenue bonds and environmental revenue bonds , some of which are secured by collateral first mortgage bonds . ( b ) these notes do not have a stated interest rate , but have an implicit interest rate of 4.8% ( 4.8 % ) . ( c ) pursuant to the nuclear waste policy act of 1982 , entergy 2019s nuclear owner/licensee subsidiaries have contracts with the doe for spent nuclear fuel disposal service . the contracts include a one-time fee for generation prior to april 7 , 1983 . entergy arkansas is the only entergy company that generated electric power with nuclear fuel prior to that date and includes the one-time fee , plus accrued interest , in long-term debt . ( d ) see note 10 to the financial statements for further discussion of the waterford 3 and grand gulf lease obligations . ( e ) the fair value excludes lease obligations of $ 109 million at entergy louisiana and $ 34 million at system energy , long-term doe obligations of $ 181 million at entergy arkansas , and the note payable to nypa of $ 35 million at entergy , and includes debt due within one year . fair values are classified as level 2 in the fair value hierarchy discussed in note 16 to the financial statements and are based on prices derived from inputs such as benchmark yields and reported trades . the annual long-term debt maturities ( excluding lease obligations and long-term doe obligations ) for debt outstanding as of december 31 , 2015 , for the next five years are as follows : amount ( in thousands ) . <table class='wikitable'><tr><td>1</td><td></td><td>amount ( in thousands )</td></tr><tr><td>2</td><td>2016</td><td>$ 204079</td></tr><tr><td>3</td><td>2017</td><td>$ 766451</td></tr><tr><td>4</td><td>2018</td><td>$ 822690</td></tr><tr><td>5</td><td>2019</td><td>$ 768588</td></tr><tr><td>6</td><td>2020</td><td>$ 1631181</td></tr></table> in november 2000 , entergy 2019s non-utility nuclear business purchased the fitzpatrick and indian point 3 power plants in a seller-financed transaction . entergy issued notes to nypa with seven annual installments of approximately $ 108 million commencing one year from the date of the closing , and eight annual installments of $ 20 million commencing eight years from the date of the closing . these notes do not have a stated interest rate , but have an implicit interest rate of 4.8% ( 4.8 % ) . in accordance with the purchase agreement with nypa , the purchase of indian point 2 in 2001 resulted in entergy becoming liable to nypa for an additional $ 10 million per year for 10 years , beginning in september 2003 . this liability was recorded upon the purchase of indian point 2 in september 2001 . as part of the purchase agreement with nypa , entergy recorded a liability representing the net present value of the payments entergy would be liable to nypa for each year that the fitzpatrick and indian point 3 power plants would run beyond their respective original nrc license expiration date . with the planned shutdown of fitzpatrick at the end of its current fuel cycle , entergy reduced this liability by $ 26.4 million in 2015 pursuant to the terms of the purchase agreement . under a provision in a letter of credit supporting these notes , if certain of the utility operating companies or system energy were to default on other indebtedness , entergy could be required to post collateral to support the letter of credit . entergy louisiana , entergy mississippi , entergy texas , and system energy have obtained long-term financing authorizations from the ferc that extend through october 2017 . entergy arkansas has obtained long-term financing authorization from the apsc that extends through december 2018 . entergy new orleans has obtained long-term financing authorization from the city council that extends through july 2016 . capital funds agreement pursuant to an agreement with certain creditors , entergy corporation has agreed to supply system energy with sufficient capital to: . Conversations: Question: what was the amount of long-term debt maturities in 2018? Answer:
822690.0
0
408
convfinqa1438
In the context of this series of interconnected finance-related queries and the additional information provided by the pretext, table data, and posttext from a company's financial filings, please provide a response to the final question. This may require extracting information from the context and performing mathematical calculations. Please take into account the information provided in the preceding questions and their answers when formulating your response: Context: entergy corporation and subsidiaries notes to financial statements ( a ) consists of pollution control revenue bonds and environmental revenue bonds , some of which are secured by collateral first mortgage bonds . ( b ) these notes do not have a stated interest rate , but have an implicit interest rate of 4.8% ( 4.8 % ) . ( c ) pursuant to the nuclear waste policy act of 1982 , entergy 2019s nuclear owner/licensee subsidiaries have contracts with the doe for spent nuclear fuel disposal service . the contracts include a one-time fee for generation prior to april 7 , 1983 . entergy arkansas is the only entergy company that generated electric power with nuclear fuel prior to that date and includes the one-time fee , plus accrued interest , in long-term debt . ( d ) see note 10 to the financial statements for further discussion of the waterford 3 and grand gulf lease obligations . ( e ) the fair value excludes lease obligations of $ 109 million at entergy louisiana and $ 34 million at system energy , long-term doe obligations of $ 181 million at entergy arkansas , and the note payable to nypa of $ 35 million at entergy , and includes debt due within one year . fair values are classified as level 2 in the fair value hierarchy discussed in note 16 to the financial statements and are based on prices derived from inputs such as benchmark yields and reported trades . the annual long-term debt maturities ( excluding lease obligations and long-term doe obligations ) for debt outstanding as of december 31 , 2015 , for the next five years are as follows : amount ( in thousands ) . <table class='wikitable'><tr><td>1</td><td></td><td>amount ( in thousands )</td></tr><tr><td>2</td><td>2016</td><td>$ 204079</td></tr><tr><td>3</td><td>2017</td><td>$ 766451</td></tr><tr><td>4</td><td>2018</td><td>$ 822690</td></tr><tr><td>5</td><td>2019</td><td>$ 768588</td></tr><tr><td>6</td><td>2020</td><td>$ 1631181</td></tr></table> in november 2000 , entergy 2019s non-utility nuclear business purchased the fitzpatrick and indian point 3 power plants in a seller-financed transaction . entergy issued notes to nypa with seven annual installments of approximately $ 108 million commencing one year from the date of the closing , and eight annual installments of $ 20 million commencing eight years from the date of the closing . these notes do not have a stated interest rate , but have an implicit interest rate of 4.8% ( 4.8 % ) . in accordance with the purchase agreement with nypa , the purchase of indian point 2 in 2001 resulted in entergy becoming liable to nypa for an additional $ 10 million per year for 10 years , beginning in september 2003 . this liability was recorded upon the purchase of indian point 2 in september 2001 . as part of the purchase agreement with nypa , entergy recorded a liability representing the net present value of the payments entergy would be liable to nypa for each year that the fitzpatrick and indian point 3 power plants would run beyond their respective original nrc license expiration date . with the planned shutdown of fitzpatrick at the end of its current fuel cycle , entergy reduced this liability by $ 26.4 million in 2015 pursuant to the terms of the purchase agreement . under a provision in a letter of credit supporting these notes , if certain of the utility operating companies or system energy were to default on other indebtedness , entergy could be required to post collateral to support the letter of credit . entergy louisiana , entergy mississippi , entergy texas , and system energy have obtained long-term financing authorizations from the ferc that extend through october 2017 . entergy arkansas has obtained long-term financing authorization from the apsc that extends through december 2018 . entergy new orleans has obtained long-term financing authorization from the city council that extends through july 2016 . capital funds agreement pursuant to an agreement with certain creditors , entergy corporation has agreed to supply system energy with sufficient capital to: . Conversations: q0: what was the amount of long-term debt maturities in 2018? {answer0} Question: and in 2019? Answer:
768588.0
1
408
convfinqa1439
In the context of this series of interconnected finance-related queries and the additional information provided by the pretext, table data, and posttext from a company's financial filings, please provide a response to the final question. This may require extracting information from the context and performing mathematical calculations. Please take into account the information provided in the preceding questions and their answers when formulating your response: Context: entergy corporation and subsidiaries notes to financial statements ( a ) consists of pollution control revenue bonds and environmental revenue bonds , some of which are secured by collateral first mortgage bonds . ( b ) these notes do not have a stated interest rate , but have an implicit interest rate of 4.8% ( 4.8 % ) . ( c ) pursuant to the nuclear waste policy act of 1982 , entergy 2019s nuclear owner/licensee subsidiaries have contracts with the doe for spent nuclear fuel disposal service . the contracts include a one-time fee for generation prior to april 7 , 1983 . entergy arkansas is the only entergy company that generated electric power with nuclear fuel prior to that date and includes the one-time fee , plus accrued interest , in long-term debt . ( d ) see note 10 to the financial statements for further discussion of the waterford 3 and grand gulf lease obligations . ( e ) the fair value excludes lease obligations of $ 109 million at entergy louisiana and $ 34 million at system energy , long-term doe obligations of $ 181 million at entergy arkansas , and the note payable to nypa of $ 35 million at entergy , and includes debt due within one year . fair values are classified as level 2 in the fair value hierarchy discussed in note 16 to the financial statements and are based on prices derived from inputs such as benchmark yields and reported trades . the annual long-term debt maturities ( excluding lease obligations and long-term doe obligations ) for debt outstanding as of december 31 , 2015 , for the next five years are as follows : amount ( in thousands ) . <table class='wikitable'><tr><td>1</td><td></td><td>amount ( in thousands )</td></tr><tr><td>2</td><td>2016</td><td>$ 204079</td></tr><tr><td>3</td><td>2017</td><td>$ 766451</td></tr><tr><td>4</td><td>2018</td><td>$ 822690</td></tr><tr><td>5</td><td>2019</td><td>$ 768588</td></tr><tr><td>6</td><td>2020</td><td>$ 1631181</td></tr></table> in november 2000 , entergy 2019s non-utility nuclear business purchased the fitzpatrick and indian point 3 power plants in a seller-financed transaction . entergy issued notes to nypa with seven annual installments of approximately $ 108 million commencing one year from the date of the closing , and eight annual installments of $ 20 million commencing eight years from the date of the closing . these notes do not have a stated interest rate , but have an implicit interest rate of 4.8% ( 4.8 % ) . in accordance with the purchase agreement with nypa , the purchase of indian point 2 in 2001 resulted in entergy becoming liable to nypa for an additional $ 10 million per year for 10 years , beginning in september 2003 . this liability was recorded upon the purchase of indian point 2 in september 2001 . as part of the purchase agreement with nypa , entergy recorded a liability representing the net present value of the payments entergy would be liable to nypa for each year that the fitzpatrick and indian point 3 power plants would run beyond their respective original nrc license expiration date . with the planned shutdown of fitzpatrick at the end of its current fuel cycle , entergy reduced this liability by $ 26.4 million in 2015 pursuant to the terms of the purchase agreement . under a provision in a letter of credit supporting these notes , if certain of the utility operating companies or system energy were to default on other indebtedness , entergy could be required to post collateral to support the letter of credit . entergy louisiana , entergy mississippi , entergy texas , and system energy have obtained long-term financing authorizations from the ferc that extend through october 2017 . entergy arkansas has obtained long-term financing authorization from the apsc that extends through december 2018 . entergy new orleans has obtained long-term financing authorization from the city council that extends through july 2016 . capital funds agreement pursuant to an agreement with certain creditors , entergy corporation has agreed to supply system energy with sufficient capital to: . Conversations: q0: what was the amount of long-term debt maturities in 2018? {answer0} q1: and in 2019? {answer1} Question: so what was the difference between these two years? Answer:
54102.0
2
408
convfinqa1440
In the context of this series of interconnected finance-related queries and the additional information provided by the pretext, table data, and posttext from a company's financial filings, please provide a response to the final question. This may require extracting information from the context and performing mathematical calculations. Please take into account the information provided in the preceding questions and their answers when formulating your response: Context: entergy corporation and subsidiaries notes to financial statements ( a ) consists of pollution control revenue bonds and environmental revenue bonds , some of which are secured by collateral first mortgage bonds . ( b ) these notes do not have a stated interest rate , but have an implicit interest rate of 4.8% ( 4.8 % ) . ( c ) pursuant to the nuclear waste policy act of 1982 , entergy 2019s nuclear owner/licensee subsidiaries have contracts with the doe for spent nuclear fuel disposal service . the contracts include a one-time fee for generation prior to april 7 , 1983 . entergy arkansas is the only entergy company that generated electric power with nuclear fuel prior to that date and includes the one-time fee , plus accrued interest , in long-term debt . ( d ) see note 10 to the financial statements for further discussion of the waterford 3 and grand gulf lease obligations . ( e ) the fair value excludes lease obligations of $ 109 million at entergy louisiana and $ 34 million at system energy , long-term doe obligations of $ 181 million at entergy arkansas , and the note payable to nypa of $ 35 million at entergy , and includes debt due within one year . fair values are classified as level 2 in the fair value hierarchy discussed in note 16 to the financial statements and are based on prices derived from inputs such as benchmark yields and reported trades . the annual long-term debt maturities ( excluding lease obligations and long-term doe obligations ) for debt outstanding as of december 31 , 2015 , for the next five years are as follows : amount ( in thousands ) . <table class='wikitable'><tr><td>1</td><td></td><td>amount ( in thousands )</td></tr><tr><td>2</td><td>2016</td><td>$ 204079</td></tr><tr><td>3</td><td>2017</td><td>$ 766451</td></tr><tr><td>4</td><td>2018</td><td>$ 822690</td></tr><tr><td>5</td><td>2019</td><td>$ 768588</td></tr><tr><td>6</td><td>2020</td><td>$ 1631181</td></tr></table> in november 2000 , entergy 2019s non-utility nuclear business purchased the fitzpatrick and indian point 3 power plants in a seller-financed transaction . entergy issued notes to nypa with seven annual installments of approximately $ 108 million commencing one year from the date of the closing , and eight annual installments of $ 20 million commencing eight years from the date of the closing . these notes do not have a stated interest rate , but have an implicit interest rate of 4.8% ( 4.8 % ) . in accordance with the purchase agreement with nypa , the purchase of indian point 2 in 2001 resulted in entergy becoming liable to nypa for an additional $ 10 million per year for 10 years , beginning in september 2003 . this liability was recorded upon the purchase of indian point 2 in september 2001 . as part of the purchase agreement with nypa , entergy recorded a liability representing the net present value of the payments entergy would be liable to nypa for each year that the fitzpatrick and indian point 3 power plants would run beyond their respective original nrc license expiration date . with the planned shutdown of fitzpatrick at the end of its current fuel cycle , entergy reduced this liability by $ 26.4 million in 2015 pursuant to the terms of the purchase agreement . under a provision in a letter of credit supporting these notes , if certain of the utility operating companies or system energy were to default on other indebtedness , entergy could be required to post collateral to support the letter of credit . entergy louisiana , entergy mississippi , entergy texas , and system energy have obtained long-term financing authorizations from the ferc that extend through october 2017 . entergy arkansas has obtained long-term financing authorization from the apsc that extends through december 2018 . entergy new orleans has obtained long-term financing authorization from the city council that extends through july 2016 . capital funds agreement pursuant to an agreement with certain creditors , entergy corporation has agreed to supply system energy with sufficient capital to: . Conversations: q0: what was the amount of long-term debt maturities in 2018? {answer0} q1: and in 2019? {answer1} q2: so what was the difference between these two years? {answer2} Question: and the value for 2019 specifically? Answer:
768588.0
3
408
convfinqa1441
In the context of this series of interconnected finance-related queries and the additional information provided by the pretext, table data, and posttext from a company's financial filings, please provide a response to the final question. This may require extracting information from the context and performing mathematical calculations. Please take into account the information provided in the preceding questions and their answers when formulating your response: Context: entergy corporation and subsidiaries notes to financial statements ( a ) consists of pollution control revenue bonds and environmental revenue bonds , some of which are secured by collateral first mortgage bonds . ( b ) these notes do not have a stated interest rate , but have an implicit interest rate of 4.8% ( 4.8 % ) . ( c ) pursuant to the nuclear waste policy act of 1982 , entergy 2019s nuclear owner/licensee subsidiaries have contracts with the doe for spent nuclear fuel disposal service . the contracts include a one-time fee for generation prior to april 7 , 1983 . entergy arkansas is the only entergy company that generated electric power with nuclear fuel prior to that date and includes the one-time fee , plus accrued interest , in long-term debt . ( d ) see note 10 to the financial statements for further discussion of the waterford 3 and grand gulf lease obligations . ( e ) the fair value excludes lease obligations of $ 109 million at entergy louisiana and $ 34 million at system energy , long-term doe obligations of $ 181 million at entergy arkansas , and the note payable to nypa of $ 35 million at entergy , and includes debt due within one year . fair values are classified as level 2 in the fair value hierarchy discussed in note 16 to the financial statements and are based on prices derived from inputs such as benchmark yields and reported trades . the annual long-term debt maturities ( excluding lease obligations and long-term doe obligations ) for debt outstanding as of december 31 , 2015 , for the next five years are as follows : amount ( in thousands ) . <table class='wikitable'><tr><td>1</td><td></td><td>amount ( in thousands )</td></tr><tr><td>2</td><td>2016</td><td>$ 204079</td></tr><tr><td>3</td><td>2017</td><td>$ 766451</td></tr><tr><td>4</td><td>2018</td><td>$ 822690</td></tr><tr><td>5</td><td>2019</td><td>$ 768588</td></tr><tr><td>6</td><td>2020</td><td>$ 1631181</td></tr></table> in november 2000 , entergy 2019s non-utility nuclear business purchased the fitzpatrick and indian point 3 power plants in a seller-financed transaction . entergy issued notes to nypa with seven annual installments of approximately $ 108 million commencing one year from the date of the closing , and eight annual installments of $ 20 million commencing eight years from the date of the closing . these notes do not have a stated interest rate , but have an implicit interest rate of 4.8% ( 4.8 % ) . in accordance with the purchase agreement with nypa , the purchase of indian point 2 in 2001 resulted in entergy becoming liable to nypa for an additional $ 10 million per year for 10 years , beginning in september 2003 . this liability was recorded upon the purchase of indian point 2 in september 2001 . as part of the purchase agreement with nypa , entergy recorded a liability representing the net present value of the payments entergy would be liable to nypa for each year that the fitzpatrick and indian point 3 power plants would run beyond their respective original nrc license expiration date . with the planned shutdown of fitzpatrick at the end of its current fuel cycle , entergy reduced this liability by $ 26.4 million in 2015 pursuant to the terms of the purchase agreement . under a provision in a letter of credit supporting these notes , if certain of the utility operating companies or system energy were to default on other indebtedness , entergy could be required to post collateral to support the letter of credit . entergy louisiana , entergy mississippi , entergy texas , and system energy have obtained long-term financing authorizations from the ferc that extend through october 2017 . entergy arkansas has obtained long-term financing authorization from the apsc that extends through december 2018 . entergy new orleans has obtained long-term financing authorization from the city council that extends through july 2016 . capital funds agreement pursuant to an agreement with certain creditors , entergy corporation has agreed to supply system energy with sufficient capital to: . Conversations: q0: what was the amount of long-term debt maturities in 2018? {answer0} q1: and in 2019? {answer1} q2: so what was the difference between these two years? {answer2} q3: and the value for 2019 specifically? {answer3} Question: and the percentage change during this time? Answer:
0.07039
4
408
convfinqa1442
In the context of this series of interconnected finance-related queries and the additional information provided by the pretext, table data, and posttext from a company's financial filings, please provide a response to the final question. This may require extracting information from the context and performing mathematical calculations. Please take into account the information provided in the preceding questions and their answers when formulating your response: Context: use of estimates the preparation of the financial statements requires management to make a number of estimates and assumptions that affect the reported amount of assets and liabilities and the disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the period . actual results could differ from those estimates . ( 3 ) significant acquisitions and dispositions acquisitions we acquired total income producing real estate related assets of $ 219.9 million , $ 948.4 million and $ 295.6 million in 2007 , 2006 and 2005 , respectively . in december 2007 , in order to further establish our property positions around strategic port locations , we purchased a portfolio of five industrial buildings , in seattle , virginia and houston , as well as approximately 161 acres of undeveloped land and a 12-acre container storage facility in houston . the total price was $ 89.7 million and was financed in part through assumption of secured debt that had a fair value of $ 34.3 million . of the total purchase price , $ 66.1 million was allocated to in-service real estate assets , $ 20.0 million was allocated to undeveloped land and the container storage facility , $ 3.3 million was allocated to lease related intangible assets , and the remaining amount was allocated to acquired working capital related assets and liabilities . this allocation of purchase price based on the fair value of assets acquired is preliminary . the results of operations for the acquired properties since the date of acquisition have been included in continuing rental operations in our consolidated financial statements . in february 2007 , we completed the acquisition of bremner healthcare real estate ( 201cbremner 201d ) , a national health care development and management firm . the primary reason for the acquisition was to expand our development capabilities within the health care real estate market . the initial consideration paid to the sellers totaled $ 47.1 million , and the sellers may be eligible for further contingent payments over the next three years . approximately $ 39.0 million of the total purchase price was allocated to goodwill , which is attributable to the value of bremner 2019s overall development capabilities and its in-place workforce . the results of operations for bremner since the date of acquisition have been included in continuing operations in our consolidated financial statements . in february 2006 , we acquired the majority of a washington , d.c . metropolitan area portfolio of suburban office and light industrial properties ( the 201cmark winkler portfolio 201d ) . the assets acquired for a purchase price of approximately $ 867.6 million are comprised of 32 in-service properties with approximately 2.9 million square feet for rental , 166 acres of undeveloped land , as well as certain related assets of the mark winkler company , a real estate management company . the acquisition was financed primarily through assumed mortgage loans and new borrowings . the assets acquired and liabilities assumed were recorded at their estimated fair value at the date of acquisition , as summarized below ( in thousands ) : . <table class='wikitable'><tr><td>1</td><td>operating rental properties</td><td>$ 602011</td></tr><tr><td>2</td><td>land held for development</td><td>154300</td></tr><tr><td>3</td><td>total real estate investments</td><td>756311</td></tr><tr><td>4</td><td>other assets</td><td>10478</td></tr><tr><td>5</td><td>lease related intangible assets</td><td>86047</td></tr><tr><td>6</td><td>goodwill</td><td>14722</td></tr><tr><td>7</td><td>total assets acquired</td><td>867558</td></tr><tr><td>8</td><td>debt assumed</td><td>-148527 ( 148527 )</td></tr><tr><td>9</td><td>other liabilities assumed</td><td>-5829 ( 5829 )</td></tr><tr><td>10</td><td>purchase price net of assumed liabilities</td><td>$ 713202</td></tr></table> purchase price , net of assumed liabilities $ 713202 . Conversations: Question: what was the value of liabilities assumed? Answer:
5829.0
0
409
convfinqa1443
In the context of this series of interconnected finance-related queries and the additional information provided by the pretext, table data, and posttext from a company's financial filings, please provide a response to the final question. This may require extracting information from the context and performing mathematical calculations. Please take into account the information provided in the preceding questions and their answers when formulating your response: Context: use of estimates the preparation of the financial statements requires management to make a number of estimates and assumptions that affect the reported amount of assets and liabilities and the disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the period . actual results could differ from those estimates . ( 3 ) significant acquisitions and dispositions acquisitions we acquired total income producing real estate related assets of $ 219.9 million , $ 948.4 million and $ 295.6 million in 2007 , 2006 and 2005 , respectively . in december 2007 , in order to further establish our property positions around strategic port locations , we purchased a portfolio of five industrial buildings , in seattle , virginia and houston , as well as approximately 161 acres of undeveloped land and a 12-acre container storage facility in houston . the total price was $ 89.7 million and was financed in part through assumption of secured debt that had a fair value of $ 34.3 million . of the total purchase price , $ 66.1 million was allocated to in-service real estate assets , $ 20.0 million was allocated to undeveloped land and the container storage facility , $ 3.3 million was allocated to lease related intangible assets , and the remaining amount was allocated to acquired working capital related assets and liabilities . this allocation of purchase price based on the fair value of assets acquired is preliminary . the results of operations for the acquired properties since the date of acquisition have been included in continuing rental operations in our consolidated financial statements . in february 2007 , we completed the acquisition of bremner healthcare real estate ( 201cbremner 201d ) , a national health care development and management firm . the primary reason for the acquisition was to expand our development capabilities within the health care real estate market . the initial consideration paid to the sellers totaled $ 47.1 million , and the sellers may be eligible for further contingent payments over the next three years . approximately $ 39.0 million of the total purchase price was allocated to goodwill , which is attributable to the value of bremner 2019s overall development capabilities and its in-place workforce . the results of operations for bremner since the date of acquisition have been included in continuing operations in our consolidated financial statements . in february 2006 , we acquired the majority of a washington , d.c . metropolitan area portfolio of suburban office and light industrial properties ( the 201cmark winkler portfolio 201d ) . the assets acquired for a purchase price of approximately $ 867.6 million are comprised of 32 in-service properties with approximately 2.9 million square feet for rental , 166 acres of undeveloped land , as well as certain related assets of the mark winkler company , a real estate management company . the acquisition was financed primarily through assumed mortgage loans and new borrowings . the assets acquired and liabilities assumed were recorded at their estimated fair value at the date of acquisition , as summarized below ( in thousands ) : . <table class='wikitable'><tr><td>1</td><td>operating rental properties</td><td>$ 602011</td></tr><tr><td>2</td><td>land held for development</td><td>154300</td></tr><tr><td>3</td><td>total real estate investments</td><td>756311</td></tr><tr><td>4</td><td>other assets</td><td>10478</td></tr><tr><td>5</td><td>lease related intangible assets</td><td>86047</td></tr><tr><td>6</td><td>goodwill</td><td>14722</td></tr><tr><td>7</td><td>total assets acquired</td><td>867558</td></tr><tr><td>8</td><td>debt assumed</td><td>-148527 ( 148527 )</td></tr><tr><td>9</td><td>other liabilities assumed</td><td>-5829 ( 5829 )</td></tr><tr><td>10</td><td>purchase price net of assumed liabilities</td><td>$ 713202</td></tr></table> purchase price , net of assumed liabilities $ 713202 . Conversations: q0: what was the value of liabilities assumed? {answer0} Question: what is the positive value of debt assumed? Answer:
148527.0
1
409
convfinqa1444
In the context of this series of interconnected finance-related queries and the additional information provided by the pretext, table data, and posttext from a company's financial filings, please provide a response to the final question. This may require extracting information from the context and performing mathematical calculations. Please take into account the information provided in the preceding questions and their answers when formulating your response: Context: use of estimates the preparation of the financial statements requires management to make a number of estimates and assumptions that affect the reported amount of assets and liabilities and the disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the period . actual results could differ from those estimates . ( 3 ) significant acquisitions and dispositions acquisitions we acquired total income producing real estate related assets of $ 219.9 million , $ 948.4 million and $ 295.6 million in 2007 , 2006 and 2005 , respectively . in december 2007 , in order to further establish our property positions around strategic port locations , we purchased a portfolio of five industrial buildings , in seattle , virginia and houston , as well as approximately 161 acres of undeveloped land and a 12-acre container storage facility in houston . the total price was $ 89.7 million and was financed in part through assumption of secured debt that had a fair value of $ 34.3 million . of the total purchase price , $ 66.1 million was allocated to in-service real estate assets , $ 20.0 million was allocated to undeveloped land and the container storage facility , $ 3.3 million was allocated to lease related intangible assets , and the remaining amount was allocated to acquired working capital related assets and liabilities . this allocation of purchase price based on the fair value of assets acquired is preliminary . the results of operations for the acquired properties since the date of acquisition have been included in continuing rental operations in our consolidated financial statements . in february 2007 , we completed the acquisition of bremner healthcare real estate ( 201cbremner 201d ) , a national health care development and management firm . the primary reason for the acquisition was to expand our development capabilities within the health care real estate market . the initial consideration paid to the sellers totaled $ 47.1 million , and the sellers may be eligible for further contingent payments over the next three years . approximately $ 39.0 million of the total purchase price was allocated to goodwill , which is attributable to the value of bremner 2019s overall development capabilities and its in-place workforce . the results of operations for bremner since the date of acquisition have been included in continuing operations in our consolidated financial statements . in february 2006 , we acquired the majority of a washington , d.c . metropolitan area portfolio of suburban office and light industrial properties ( the 201cmark winkler portfolio 201d ) . the assets acquired for a purchase price of approximately $ 867.6 million are comprised of 32 in-service properties with approximately 2.9 million square feet for rental , 166 acres of undeveloped land , as well as certain related assets of the mark winkler company , a real estate management company . the acquisition was financed primarily through assumed mortgage loans and new borrowings . the assets acquired and liabilities assumed were recorded at their estimated fair value at the date of acquisition , as summarized below ( in thousands ) : . <table class='wikitable'><tr><td>1</td><td>operating rental properties</td><td>$ 602011</td></tr><tr><td>2</td><td>land held for development</td><td>154300</td></tr><tr><td>3</td><td>total real estate investments</td><td>756311</td></tr><tr><td>4</td><td>other assets</td><td>10478</td></tr><tr><td>5</td><td>lease related intangible assets</td><td>86047</td></tr><tr><td>6</td><td>goodwill</td><td>14722</td></tr><tr><td>7</td><td>total assets acquired</td><td>867558</td></tr><tr><td>8</td><td>debt assumed</td><td>-148527 ( 148527 )</td></tr><tr><td>9</td><td>other liabilities assumed</td><td>-5829 ( 5829 )</td></tr><tr><td>10</td><td>purchase price net of assumed liabilities</td><td>$ 713202</td></tr></table> purchase price , net of assumed liabilities $ 713202 . Conversations: q0: what was the value of liabilities assumed? {answer0} q1: what is the positive value of debt assumed? {answer1} Question: what is the sum? Answer:
154356.0
2
409
convfinqa1445
In the context of this series of interconnected finance-related queries and the additional information provided by the pretext, table data, and posttext from a company's financial filings, please provide a response to the final question. This may require extracting information from the context and performing mathematical calculations. Please take into account the information provided in the preceding questions and their answers when formulating your response: Context: use of estimates the preparation of the financial statements requires management to make a number of estimates and assumptions that affect the reported amount of assets and liabilities and the disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the period . actual results could differ from those estimates . ( 3 ) significant acquisitions and dispositions acquisitions we acquired total income producing real estate related assets of $ 219.9 million , $ 948.4 million and $ 295.6 million in 2007 , 2006 and 2005 , respectively . in december 2007 , in order to further establish our property positions around strategic port locations , we purchased a portfolio of five industrial buildings , in seattle , virginia and houston , as well as approximately 161 acres of undeveloped land and a 12-acre container storage facility in houston . the total price was $ 89.7 million and was financed in part through assumption of secured debt that had a fair value of $ 34.3 million . of the total purchase price , $ 66.1 million was allocated to in-service real estate assets , $ 20.0 million was allocated to undeveloped land and the container storage facility , $ 3.3 million was allocated to lease related intangible assets , and the remaining amount was allocated to acquired working capital related assets and liabilities . this allocation of purchase price based on the fair value of assets acquired is preliminary . the results of operations for the acquired properties since the date of acquisition have been included in continuing rental operations in our consolidated financial statements . in february 2007 , we completed the acquisition of bremner healthcare real estate ( 201cbremner 201d ) , a national health care development and management firm . the primary reason for the acquisition was to expand our development capabilities within the health care real estate market . the initial consideration paid to the sellers totaled $ 47.1 million , and the sellers may be eligible for further contingent payments over the next three years . approximately $ 39.0 million of the total purchase price was allocated to goodwill , which is attributable to the value of bremner 2019s overall development capabilities and its in-place workforce . the results of operations for bremner since the date of acquisition have been included in continuing operations in our consolidated financial statements . in february 2006 , we acquired the majority of a washington , d.c . metropolitan area portfolio of suburban office and light industrial properties ( the 201cmark winkler portfolio 201d ) . the assets acquired for a purchase price of approximately $ 867.6 million are comprised of 32 in-service properties with approximately 2.9 million square feet for rental , 166 acres of undeveloped land , as well as certain related assets of the mark winkler company , a real estate management company . the acquisition was financed primarily through assumed mortgage loans and new borrowings . the assets acquired and liabilities assumed were recorded at their estimated fair value at the date of acquisition , as summarized below ( in thousands ) : . <table class='wikitable'><tr><td>1</td><td>operating rental properties</td><td>$ 602011</td></tr><tr><td>2</td><td>land held for development</td><td>154300</td></tr><tr><td>3</td><td>total real estate investments</td><td>756311</td></tr><tr><td>4</td><td>other assets</td><td>10478</td></tr><tr><td>5</td><td>lease related intangible assets</td><td>86047</td></tr><tr><td>6</td><td>goodwill</td><td>14722</td></tr><tr><td>7</td><td>total assets acquired</td><td>867558</td></tr><tr><td>8</td><td>debt assumed</td><td>-148527 ( 148527 )</td></tr><tr><td>9</td><td>other liabilities assumed</td><td>-5829 ( 5829 )</td></tr><tr><td>10</td><td>purchase price net of assumed liabilities</td><td>$ 713202</td></tr></table> purchase price , net of assumed liabilities $ 713202 . Conversations: q0: what was the value of liabilities assumed? {answer0} q1: what is the positive value of debt assumed? {answer1} q2: what is the sum? {answer2} Question: what is the sum over the value of total assets acquired? Answer:
0.17792
3
409
convfinqa1446
In the context of this series of interconnected finance-related queries and the additional information provided by the pretext, table data, and posttext from a company's financial filings, please provide a response to the final question. This may require extracting information from the context and performing mathematical calculations. Please take into account the information provided in the preceding questions and their answers when formulating your response: Context: in 2006 , our board of directors approved a projected $ 3.2 billion expansion of our garyville , louisiana refinery by 180 mbpd to 425 mbpd , which will increase our total refining capacity to 1.154 million barrels per day ( 2018 2018mmbpd 2019 2019 ) . we recently received air permit approval from the louisiana department of environmental quality for this project and construction is expected to begin in mid-2007 , with startup planned for the fourth quarter of 2009 . we have also commenced front-end engineering and design ( 2018 2018feed 2019 2019 ) for a potential heavy oil upgrading project at our detroit refinery , which would allow us to process increased volumes of canadian oil sands production , and are undertaking a feasibility study for a similar upgrading project at our catlettsburg refinery . marketing we are a supplier of gasoline and distillates to resellers and consumers within our market area in the midwest , the upper great plains and southeastern united states . in 2006 , our refined product sales volumes ( excluding matching buy/sell transactions ) totaled 21.5 billion gallons , or 1.401 mmbpd . the average sales price of our refined products in aggregate was $ 77.76 per barrel for 2006 . the following table sets forth our refined product sales by product group and our average sales price for each of the last three years . refined product sales ( thousands of barrels per day ) 2006 2005 2004 . <table class='wikitable'><tr><td>1</td><td>( thousands of barrels per day )</td><td>2006</td><td>2005</td><td>2004</td></tr><tr><td>2</td><td>gasoline</td><td>804</td><td>836</td><td>807</td></tr><tr><td>3</td><td>distillates</td><td>375</td><td>385</td><td>373</td></tr><tr><td>4</td><td>propane</td><td>23</td><td>22</td><td>22</td></tr><tr><td>5</td><td>feedstocks and special products</td><td>106</td><td>96</td><td>92</td></tr><tr><td>6</td><td>heavy fuel oil</td><td>26</td><td>29</td><td>27</td></tr><tr><td>7</td><td>asphalt</td><td>91</td><td>87</td><td>79</td></tr><tr><td>8</td><td>total ( a )</td><td>1425</td><td>1455</td><td>1400</td></tr><tr><td>9</td><td>average sales price ( $ per barrel )</td><td>$ 77.76</td><td>$ 66.42</td><td>$ 49.53</td></tr></table> ( a ) includes matching buy/sell volumes of 24 mbpd , 77 mbpd and 71 mbpd in 2006 , 2005 and 2004 . on april 1 , 2006 , we changed our accounting for matching buy/sell arrangements as a result of a new accounting standard . this change resulted in lower refined product sales volumes for the remainder of 2006 than would have been reported under the previous accounting practices . see note 2 to the consolidated financial statements . the wholesale distribution of petroleum products to private brand marketers and to large commercial and industrial consumers and sales in the spot market accounted for 71 percent of our refined product sales volumes in 2006 . we sold 52 percent of our gasoline volumes and 89 percent of our distillates volumes on a wholesale or spot market basis . half of our propane is sold into the home heating market , with the balance being purchased by industrial consumers . propylene , cumene , aromatics , aliphatics , and sulfur are domestically marketed to customers in the chemical industry . base lube oils , maleic anhydride , slack wax , extract and pitch are sold throughout the united states and canada , with pitch products also being exported worldwide . we market asphalt through owned and leased terminals throughout the midwest , the upper great plains and southeastern united states . our customer base includes approximately 800 asphalt-paving contractors , government entities ( states , counties , cities and townships ) and asphalt roofing shingle manufacturers . we blended 35 mbpd of ethanol into gasoline in 2006 . in 2005 and 2004 , we blended 35 mbpd and 30 mbpd of ethanol . the expansion or contraction of our ethanol blending program will be driven by the economics of the ethanol supply and changes in government regulations . we sell reformulated gasoline in parts of our marketing territory , primarily chicago , illinois ; louisville , kentucky ; northern kentucky ; and milwaukee , wisconsin , and we sell low-vapor-pressure gasoline in nine states . as of december 31 , 2006 , we supplied petroleum products to about 4200 marathon branded retail outlets located primarily in ohio , michigan , indiana , kentucky and illinois . branded retail outlets are also located in florida , georgia , minnesota , wisconsin , west virginia , tennessee , virginia , north carolina , pennsylvania , alabama and south carolina . sales to marathon brand jobbers and dealers accounted for 14 percent of our refined product sales volumes in 2006 . ssa sells gasoline and diesel fuel through company-operated retail outlets . sales of refined products through these ssa retail outlets accounted for 15 percent of our refined product sales volumes in 2006 . as of december 31 , 2006 , ssa had 1636 retail outlets in nine states that sold petroleum products and convenience store merchandise and services , primarily under the brand names 2018 2018speedway 2019 2019 and 2018 2018superamerica . 2019 2019 ssa 2019s revenues from the sale of non-petroleum merchandise totaled $ 2.7 billion in 2006 , compared with $ 2.5 billion in 2005 . profit levels from the sale . Conversations: Question: what is the buy/sell volume in 2006? Answer:
24.0
0
410
convfinqa1447
In the context of this series of interconnected finance-related queries and the additional information provided by the pretext, table data, and posttext from a company's financial filings, please provide a response to the final question. This may require extracting information from the context and performing mathematical calculations. Please take into account the information provided in the preceding questions and their answers when formulating your response: Context: in 2006 , our board of directors approved a projected $ 3.2 billion expansion of our garyville , louisiana refinery by 180 mbpd to 425 mbpd , which will increase our total refining capacity to 1.154 million barrels per day ( 2018 2018mmbpd 2019 2019 ) . we recently received air permit approval from the louisiana department of environmental quality for this project and construction is expected to begin in mid-2007 , with startup planned for the fourth quarter of 2009 . we have also commenced front-end engineering and design ( 2018 2018feed 2019 2019 ) for a potential heavy oil upgrading project at our detroit refinery , which would allow us to process increased volumes of canadian oil sands production , and are undertaking a feasibility study for a similar upgrading project at our catlettsburg refinery . marketing we are a supplier of gasoline and distillates to resellers and consumers within our market area in the midwest , the upper great plains and southeastern united states . in 2006 , our refined product sales volumes ( excluding matching buy/sell transactions ) totaled 21.5 billion gallons , or 1.401 mmbpd . the average sales price of our refined products in aggregate was $ 77.76 per barrel for 2006 . the following table sets forth our refined product sales by product group and our average sales price for each of the last three years . refined product sales ( thousands of barrels per day ) 2006 2005 2004 . <table class='wikitable'><tr><td>1</td><td>( thousands of barrels per day )</td><td>2006</td><td>2005</td><td>2004</td></tr><tr><td>2</td><td>gasoline</td><td>804</td><td>836</td><td>807</td></tr><tr><td>3</td><td>distillates</td><td>375</td><td>385</td><td>373</td></tr><tr><td>4</td><td>propane</td><td>23</td><td>22</td><td>22</td></tr><tr><td>5</td><td>feedstocks and special products</td><td>106</td><td>96</td><td>92</td></tr><tr><td>6</td><td>heavy fuel oil</td><td>26</td><td>29</td><td>27</td></tr><tr><td>7</td><td>asphalt</td><td>91</td><td>87</td><td>79</td></tr><tr><td>8</td><td>total ( a )</td><td>1425</td><td>1455</td><td>1400</td></tr><tr><td>9</td><td>average sales price ( $ per barrel )</td><td>$ 77.76</td><td>$ 66.42</td><td>$ 49.53</td></tr></table> ( a ) includes matching buy/sell volumes of 24 mbpd , 77 mbpd and 71 mbpd in 2006 , 2005 and 2004 . on april 1 , 2006 , we changed our accounting for matching buy/sell arrangements as a result of a new accounting standard . this change resulted in lower refined product sales volumes for the remainder of 2006 than would have been reported under the previous accounting practices . see note 2 to the consolidated financial statements . the wholesale distribution of petroleum products to private brand marketers and to large commercial and industrial consumers and sales in the spot market accounted for 71 percent of our refined product sales volumes in 2006 . we sold 52 percent of our gasoline volumes and 89 percent of our distillates volumes on a wholesale or spot market basis . half of our propane is sold into the home heating market , with the balance being purchased by industrial consumers . propylene , cumene , aromatics , aliphatics , and sulfur are domestically marketed to customers in the chemical industry . base lube oils , maleic anhydride , slack wax , extract and pitch are sold throughout the united states and canada , with pitch products also being exported worldwide . we market asphalt through owned and leased terminals throughout the midwest , the upper great plains and southeastern united states . our customer base includes approximately 800 asphalt-paving contractors , government entities ( states , counties , cities and townships ) and asphalt roofing shingle manufacturers . we blended 35 mbpd of ethanol into gasoline in 2006 . in 2005 and 2004 , we blended 35 mbpd and 30 mbpd of ethanol . the expansion or contraction of our ethanol blending program will be driven by the economics of the ethanol supply and changes in government regulations . we sell reformulated gasoline in parts of our marketing territory , primarily chicago , illinois ; louisville , kentucky ; northern kentucky ; and milwaukee , wisconsin , and we sell low-vapor-pressure gasoline in nine states . as of december 31 , 2006 , we supplied petroleum products to about 4200 marathon branded retail outlets located primarily in ohio , michigan , indiana , kentucky and illinois . branded retail outlets are also located in florida , georgia , minnesota , wisconsin , west virginia , tennessee , virginia , north carolina , pennsylvania , alabama and south carolina . sales to marathon brand jobbers and dealers accounted for 14 percent of our refined product sales volumes in 2006 . ssa sells gasoline and diesel fuel through company-operated retail outlets . sales of refined products through these ssa retail outlets accounted for 15 percent of our refined product sales volumes in 2006 . as of december 31 , 2006 , ssa had 1636 retail outlets in nine states that sold petroleum products and convenience store merchandise and services , primarily under the brand names 2018 2018speedway 2019 2019 and 2018 2018superamerica . 2019 2019 ssa 2019s revenues from the sale of non-petroleum merchandise totaled $ 2.7 billion in 2006 , compared with $ 2.5 billion in 2005 . profit levels from the sale . Conversations: q0: what is the buy/sell volume in 2006? {answer0} Question: what is the value in 2005? Answer:
77.0
1
410
convfinqa1448
In the context of this series of interconnected finance-related queries and the additional information provided by the pretext, table data, and posttext from a company's financial filings, please provide a response to the final question. This may require extracting information from the context and performing mathematical calculations. Please take into account the information provided in the preceding questions and their answers when formulating your response: Context: in 2006 , our board of directors approved a projected $ 3.2 billion expansion of our garyville , louisiana refinery by 180 mbpd to 425 mbpd , which will increase our total refining capacity to 1.154 million barrels per day ( 2018 2018mmbpd 2019 2019 ) . we recently received air permit approval from the louisiana department of environmental quality for this project and construction is expected to begin in mid-2007 , with startup planned for the fourth quarter of 2009 . we have also commenced front-end engineering and design ( 2018 2018feed 2019 2019 ) for a potential heavy oil upgrading project at our detroit refinery , which would allow us to process increased volumes of canadian oil sands production , and are undertaking a feasibility study for a similar upgrading project at our catlettsburg refinery . marketing we are a supplier of gasoline and distillates to resellers and consumers within our market area in the midwest , the upper great plains and southeastern united states . in 2006 , our refined product sales volumes ( excluding matching buy/sell transactions ) totaled 21.5 billion gallons , or 1.401 mmbpd . the average sales price of our refined products in aggregate was $ 77.76 per barrel for 2006 . the following table sets forth our refined product sales by product group and our average sales price for each of the last three years . refined product sales ( thousands of barrels per day ) 2006 2005 2004 . <table class='wikitable'><tr><td>1</td><td>( thousands of barrels per day )</td><td>2006</td><td>2005</td><td>2004</td></tr><tr><td>2</td><td>gasoline</td><td>804</td><td>836</td><td>807</td></tr><tr><td>3</td><td>distillates</td><td>375</td><td>385</td><td>373</td></tr><tr><td>4</td><td>propane</td><td>23</td><td>22</td><td>22</td></tr><tr><td>5</td><td>feedstocks and special products</td><td>106</td><td>96</td><td>92</td></tr><tr><td>6</td><td>heavy fuel oil</td><td>26</td><td>29</td><td>27</td></tr><tr><td>7</td><td>asphalt</td><td>91</td><td>87</td><td>79</td></tr><tr><td>8</td><td>total ( a )</td><td>1425</td><td>1455</td><td>1400</td></tr><tr><td>9</td><td>average sales price ( $ per barrel )</td><td>$ 77.76</td><td>$ 66.42</td><td>$ 49.53</td></tr></table> ( a ) includes matching buy/sell volumes of 24 mbpd , 77 mbpd and 71 mbpd in 2006 , 2005 and 2004 . on april 1 , 2006 , we changed our accounting for matching buy/sell arrangements as a result of a new accounting standard . this change resulted in lower refined product sales volumes for the remainder of 2006 than would have been reported under the previous accounting practices . see note 2 to the consolidated financial statements . the wholesale distribution of petroleum products to private brand marketers and to large commercial and industrial consumers and sales in the spot market accounted for 71 percent of our refined product sales volumes in 2006 . we sold 52 percent of our gasoline volumes and 89 percent of our distillates volumes on a wholesale or spot market basis . half of our propane is sold into the home heating market , with the balance being purchased by industrial consumers . propylene , cumene , aromatics , aliphatics , and sulfur are domestically marketed to customers in the chemical industry . base lube oils , maleic anhydride , slack wax , extract and pitch are sold throughout the united states and canada , with pitch products also being exported worldwide . we market asphalt through owned and leased terminals throughout the midwest , the upper great plains and southeastern united states . our customer base includes approximately 800 asphalt-paving contractors , government entities ( states , counties , cities and townships ) and asphalt roofing shingle manufacturers . we blended 35 mbpd of ethanol into gasoline in 2006 . in 2005 and 2004 , we blended 35 mbpd and 30 mbpd of ethanol . the expansion or contraction of our ethanol blending program will be driven by the economics of the ethanol supply and changes in government regulations . we sell reformulated gasoline in parts of our marketing territory , primarily chicago , illinois ; louisville , kentucky ; northern kentucky ; and milwaukee , wisconsin , and we sell low-vapor-pressure gasoline in nine states . as of december 31 , 2006 , we supplied petroleum products to about 4200 marathon branded retail outlets located primarily in ohio , michigan , indiana , kentucky and illinois . branded retail outlets are also located in florida , georgia , minnesota , wisconsin , west virginia , tennessee , virginia , north carolina , pennsylvania , alabama and south carolina . sales to marathon brand jobbers and dealers accounted for 14 percent of our refined product sales volumes in 2006 . ssa sells gasoline and diesel fuel through company-operated retail outlets . sales of refined products through these ssa retail outlets accounted for 15 percent of our refined product sales volumes in 2006 . as of december 31 , 2006 , ssa had 1636 retail outlets in nine states that sold petroleum products and convenience store merchandise and services , primarily under the brand names 2018 2018speedway 2019 2019 and 2018 2018superamerica . 2019 2019 ssa 2019s revenues from the sale of non-petroleum merchandise totaled $ 2.7 billion in 2006 , compared with $ 2.5 billion in 2005 . profit levels from the sale . Conversations: q0: what is the buy/sell volume in 2006? {answer0} q1: what is the value in 2005? {answer1} Question: what is the sum of those two years? Answer:
101.0
2
410
convfinqa1449
In the context of this series of interconnected finance-related queries and the additional information provided by the pretext, table data, and posttext from a company's financial filings, please provide a response to the final question. This may require extracting information from the context and performing mathematical calculations. Please take into account the information provided in the preceding questions and their answers when formulating your response: Context: in 2006 , our board of directors approved a projected $ 3.2 billion expansion of our garyville , louisiana refinery by 180 mbpd to 425 mbpd , which will increase our total refining capacity to 1.154 million barrels per day ( 2018 2018mmbpd 2019 2019 ) . we recently received air permit approval from the louisiana department of environmental quality for this project and construction is expected to begin in mid-2007 , with startup planned for the fourth quarter of 2009 . we have also commenced front-end engineering and design ( 2018 2018feed 2019 2019 ) for a potential heavy oil upgrading project at our detroit refinery , which would allow us to process increased volumes of canadian oil sands production , and are undertaking a feasibility study for a similar upgrading project at our catlettsburg refinery . marketing we are a supplier of gasoline and distillates to resellers and consumers within our market area in the midwest , the upper great plains and southeastern united states . in 2006 , our refined product sales volumes ( excluding matching buy/sell transactions ) totaled 21.5 billion gallons , or 1.401 mmbpd . the average sales price of our refined products in aggregate was $ 77.76 per barrel for 2006 . the following table sets forth our refined product sales by product group and our average sales price for each of the last three years . refined product sales ( thousands of barrels per day ) 2006 2005 2004 . <table class='wikitable'><tr><td>1</td><td>( thousands of barrels per day )</td><td>2006</td><td>2005</td><td>2004</td></tr><tr><td>2</td><td>gasoline</td><td>804</td><td>836</td><td>807</td></tr><tr><td>3</td><td>distillates</td><td>375</td><td>385</td><td>373</td></tr><tr><td>4</td><td>propane</td><td>23</td><td>22</td><td>22</td></tr><tr><td>5</td><td>feedstocks and special products</td><td>106</td><td>96</td><td>92</td></tr><tr><td>6</td><td>heavy fuel oil</td><td>26</td><td>29</td><td>27</td></tr><tr><td>7</td><td>asphalt</td><td>91</td><td>87</td><td>79</td></tr><tr><td>8</td><td>total ( a )</td><td>1425</td><td>1455</td><td>1400</td></tr><tr><td>9</td><td>average sales price ( $ per barrel )</td><td>$ 77.76</td><td>$ 66.42</td><td>$ 49.53</td></tr></table> ( a ) includes matching buy/sell volumes of 24 mbpd , 77 mbpd and 71 mbpd in 2006 , 2005 and 2004 . on april 1 , 2006 , we changed our accounting for matching buy/sell arrangements as a result of a new accounting standard . this change resulted in lower refined product sales volumes for the remainder of 2006 than would have been reported under the previous accounting practices . see note 2 to the consolidated financial statements . the wholesale distribution of petroleum products to private brand marketers and to large commercial and industrial consumers and sales in the spot market accounted for 71 percent of our refined product sales volumes in 2006 . we sold 52 percent of our gasoline volumes and 89 percent of our distillates volumes on a wholesale or spot market basis . half of our propane is sold into the home heating market , with the balance being purchased by industrial consumers . propylene , cumene , aromatics , aliphatics , and sulfur are domestically marketed to customers in the chemical industry . base lube oils , maleic anhydride , slack wax , extract and pitch are sold throughout the united states and canada , with pitch products also being exported worldwide . we market asphalt through owned and leased terminals throughout the midwest , the upper great plains and southeastern united states . our customer base includes approximately 800 asphalt-paving contractors , government entities ( states , counties , cities and townships ) and asphalt roofing shingle manufacturers . we blended 35 mbpd of ethanol into gasoline in 2006 . in 2005 and 2004 , we blended 35 mbpd and 30 mbpd of ethanol . the expansion or contraction of our ethanol blending program will be driven by the economics of the ethanol supply and changes in government regulations . we sell reformulated gasoline in parts of our marketing territory , primarily chicago , illinois ; louisville , kentucky ; northern kentucky ; and milwaukee , wisconsin , and we sell low-vapor-pressure gasoline in nine states . as of december 31 , 2006 , we supplied petroleum products to about 4200 marathon branded retail outlets located primarily in ohio , michigan , indiana , kentucky and illinois . branded retail outlets are also located in florida , georgia , minnesota , wisconsin , west virginia , tennessee , virginia , north carolina , pennsylvania , alabama and south carolina . sales to marathon brand jobbers and dealers accounted for 14 percent of our refined product sales volumes in 2006 . ssa sells gasoline and diesel fuel through company-operated retail outlets . sales of refined products through these ssa retail outlets accounted for 15 percent of our refined product sales volumes in 2006 . as of december 31 , 2006 , ssa had 1636 retail outlets in nine states that sold petroleum products and convenience store merchandise and services , primarily under the brand names 2018 2018speedway 2019 2019 and 2018 2018superamerica . 2019 2019 ssa 2019s revenues from the sale of non-petroleum merchandise totaled $ 2.7 billion in 2006 , compared with $ 2.5 billion in 2005 . profit levels from the sale . Conversations: q0: what is the buy/sell volume in 2006? {answer0} q1: what is the value in 2005? {answer1} q2: what is the sum of those two years? {answer2} Question: what is the total sum including the 2004 value? Answer:
172.0
3
410
convfinqa1450
In the context of this series of interconnected finance-related queries and the additional information provided by the pretext, table data, and posttext from a company's financial filings, please provide a response to the final question. This may require extracting information from the context and performing mathematical calculations. Please take into account the information provided in the preceding questions and their answers when formulating your response: Context: notes to consolidated financial statements 2013 ( continued ) ( amounts in millions , except per share amounts ) cash flows for 2010 , we expect to contribute $ 25.2 and $ 9.2 to our foreign pension plans and domestic pension plans , respectively . a significant portion of our contributions to the foreign pension plans relate to the u.k . pension plan . additionally , we are in the process of modifying the schedule of employer contributions for the u.k . pension plan and we expect to finalize this during 2010 . as a result , we expect our contributions to our foreign pension plans to increase from current levels in 2010 and subsequent years . during 2009 , we contributed $ 31.9 to our foreign pension plans and contributions to the domestic pension plan were negligible . the following estimated future benefit payments , which reflect future service , as appropriate , are expected to be paid in the years indicated below . domestic pension plans foreign pension plans postretirement benefit plans . <table class='wikitable'><tr><td>1</td><td>years</td><td>domestic pension plans</td><td>foreign pension plans</td><td>postretirement benefit plans</td></tr><tr><td>2</td><td>2010</td><td>$ 17.2</td><td>$ 23.5</td><td>$ 5.8</td></tr><tr><td>3</td><td>2011</td><td>11.1</td><td>24.7</td><td>5.7</td></tr><tr><td>4</td><td>2012</td><td>10.8</td><td>26.4</td><td>5.7</td></tr><tr><td>5</td><td>2013</td><td>10.5</td><td>28.2</td><td>5.6</td></tr><tr><td>6</td><td>2014</td><td>10.5</td><td>32.4</td><td>5.5</td></tr><tr><td>7</td><td>2015 2013 2019</td><td>48.5</td><td>175.3</td><td>24.8</td></tr></table> the estimated future payments for our postretirement benefit plans are before any estimated federal subsidies expected to be received under the medicare prescription drug , improvement and modernization act of 2003 . federal subsidies are estimated to range from $ 0.5 in 2010 to $ 0.6 in 2014 and are estimated to be $ 2.4 for the period 2015-2019 . savings plans we sponsor defined contribution plans ( the 201csavings plans 201d ) that cover substantially all domestic employees . the savings plans permit participants to make contributions on a pre-tax and/or after-tax basis and allows participants to choose among various investment alternatives . we match a portion of participant contributions based upon their years of service . amounts expensed for the savings plans for 2009 , 2008 and 2007 were $ 35.1 , $ 29.6 and $ 31.4 , respectively . expense includes a discretionary company contribution of $ 3.8 , $ 4.0 and $ 4.9 offset by participant forfeitures of $ 2.7 , $ 7.8 , $ 6.0 in 2009 , 2008 and 2007 , respectively . in addition , we maintain defined contribution plans in various foreign countries and contributed $ 25.0 , $ 28.7 and $ 26.7 to these plans in 2009 , 2008 and 2007 , respectively . deferred compensation and benefit arrangements we have deferred compensation arrangements which ( i ) permit certain of our key officers and employees to defer a portion of their salary or incentive compensation , or ( ii ) require us to contribute an amount to the participant 2019s account . the arrangements typically provide that the participant will receive the amounts deferred plus interest upon attaining certain conditions , such as completing a certain number of years of service or upon retirement or termination . as of december 31 , 2009 and 2008 , the deferred compensation liability balance was $ 100.3 and $ 107.6 , respectively . amounts expensed for deferred compensation arrangements in 2009 , 2008 and 2007 were $ 11.6 , $ 5.7 and $ 11.9 , respectively . we have deferred benefit arrangements with certain key officers and employees that provide participants with an annual payment , payable when the participant attains a certain age and after the participant 2019s employment has terminated . the deferred benefit liability was $ 178.2 and $ 182.1 as of december 31 , 2009 and 2008 , respectively . amounts expensed for deferred benefit arrangements in 2009 , 2008 and 2007 were $ 12.0 , $ 14.9 and $ 15.5 , respectively . we have purchased life insurance policies on participants 2019 lives to assist in the funding of the related deferred compensation and deferred benefit liabilities . as of december 31 , 2009 and 2008 , the cash surrender value of these policies was $ 119.4 and $ 100.2 , respectively . in addition to the life insurance policies , certain investments are held for the purpose of paying the deferred compensation and deferred benefit liabilities . these investments , along with the life insurance policies , are held in a separate revocable trust for the purpose of paying the deferred compensation and the deferred benefit . Conversations: Question: how much was contributed to defined contribution plans for foreign countries in 2008? Answer:
28.7
0
411
convfinqa1451
In the context of this series of interconnected finance-related queries and the additional information provided by the pretext, table data, and posttext from a company's financial filings, please provide a response to the final question. This may require extracting information from the context and performing mathematical calculations. Please take into account the information provided in the preceding questions and their answers when formulating your response: Context: notes to consolidated financial statements 2013 ( continued ) ( amounts in millions , except per share amounts ) cash flows for 2010 , we expect to contribute $ 25.2 and $ 9.2 to our foreign pension plans and domestic pension plans , respectively . a significant portion of our contributions to the foreign pension plans relate to the u.k . pension plan . additionally , we are in the process of modifying the schedule of employer contributions for the u.k . pension plan and we expect to finalize this during 2010 . as a result , we expect our contributions to our foreign pension plans to increase from current levels in 2010 and subsequent years . during 2009 , we contributed $ 31.9 to our foreign pension plans and contributions to the domestic pension plan were negligible . the following estimated future benefit payments , which reflect future service , as appropriate , are expected to be paid in the years indicated below . domestic pension plans foreign pension plans postretirement benefit plans . <table class='wikitable'><tr><td>1</td><td>years</td><td>domestic pension plans</td><td>foreign pension plans</td><td>postretirement benefit plans</td></tr><tr><td>2</td><td>2010</td><td>$ 17.2</td><td>$ 23.5</td><td>$ 5.8</td></tr><tr><td>3</td><td>2011</td><td>11.1</td><td>24.7</td><td>5.7</td></tr><tr><td>4</td><td>2012</td><td>10.8</td><td>26.4</td><td>5.7</td></tr><tr><td>5</td><td>2013</td><td>10.5</td><td>28.2</td><td>5.6</td></tr><tr><td>6</td><td>2014</td><td>10.5</td><td>32.4</td><td>5.5</td></tr><tr><td>7</td><td>2015 2013 2019</td><td>48.5</td><td>175.3</td><td>24.8</td></tr></table> the estimated future payments for our postretirement benefit plans are before any estimated federal subsidies expected to be received under the medicare prescription drug , improvement and modernization act of 2003 . federal subsidies are estimated to range from $ 0.5 in 2010 to $ 0.6 in 2014 and are estimated to be $ 2.4 for the period 2015-2019 . savings plans we sponsor defined contribution plans ( the 201csavings plans 201d ) that cover substantially all domestic employees . the savings plans permit participants to make contributions on a pre-tax and/or after-tax basis and allows participants to choose among various investment alternatives . we match a portion of participant contributions based upon their years of service . amounts expensed for the savings plans for 2009 , 2008 and 2007 were $ 35.1 , $ 29.6 and $ 31.4 , respectively . expense includes a discretionary company contribution of $ 3.8 , $ 4.0 and $ 4.9 offset by participant forfeitures of $ 2.7 , $ 7.8 , $ 6.0 in 2009 , 2008 and 2007 , respectively . in addition , we maintain defined contribution plans in various foreign countries and contributed $ 25.0 , $ 28.7 and $ 26.7 to these plans in 2009 , 2008 and 2007 , respectively . deferred compensation and benefit arrangements we have deferred compensation arrangements which ( i ) permit certain of our key officers and employees to defer a portion of their salary or incentive compensation , or ( ii ) require us to contribute an amount to the participant 2019s account . the arrangements typically provide that the participant will receive the amounts deferred plus interest upon attaining certain conditions , such as completing a certain number of years of service or upon retirement or termination . as of december 31 , 2009 and 2008 , the deferred compensation liability balance was $ 100.3 and $ 107.6 , respectively . amounts expensed for deferred compensation arrangements in 2009 , 2008 and 2007 were $ 11.6 , $ 5.7 and $ 11.9 , respectively . we have deferred benefit arrangements with certain key officers and employees that provide participants with an annual payment , payable when the participant attains a certain age and after the participant 2019s employment has terminated . the deferred benefit liability was $ 178.2 and $ 182.1 as of december 31 , 2009 and 2008 , respectively . amounts expensed for deferred benefit arrangements in 2009 , 2008 and 2007 were $ 12.0 , $ 14.9 and $ 15.5 , respectively . we have purchased life insurance policies on participants 2019 lives to assist in the funding of the related deferred compensation and deferred benefit liabilities . as of december 31 , 2009 and 2008 , the cash surrender value of these policies was $ 119.4 and $ 100.2 , respectively . in addition to the life insurance policies , certain investments are held for the purpose of paying the deferred compensation and deferred benefit liabilities . these investments , along with the life insurance policies , are held in a separate revocable trust for the purpose of paying the deferred compensation and the deferred benefit . Conversations: q0: how much was contributed to defined contribution plans for foreign countries in 2008? {answer0} Question: how much was contributed in 2007? Answer:
26.7
1
411
convfinqa1452
In the context of this series of interconnected finance-related queries and the additional information provided by the pretext, table data, and posttext from a company's financial filings, please provide a response to the final question. This may require extracting information from the context and performing mathematical calculations. Please take into account the information provided in the preceding questions and their answers when formulating your response: Context: notes to consolidated financial statements 2013 ( continued ) ( amounts in millions , except per share amounts ) cash flows for 2010 , we expect to contribute $ 25.2 and $ 9.2 to our foreign pension plans and domestic pension plans , respectively . a significant portion of our contributions to the foreign pension plans relate to the u.k . pension plan . additionally , we are in the process of modifying the schedule of employer contributions for the u.k . pension plan and we expect to finalize this during 2010 . as a result , we expect our contributions to our foreign pension plans to increase from current levels in 2010 and subsequent years . during 2009 , we contributed $ 31.9 to our foreign pension plans and contributions to the domestic pension plan were negligible . the following estimated future benefit payments , which reflect future service , as appropriate , are expected to be paid in the years indicated below . domestic pension plans foreign pension plans postretirement benefit plans . <table class='wikitable'><tr><td>1</td><td>years</td><td>domestic pension plans</td><td>foreign pension plans</td><td>postretirement benefit plans</td></tr><tr><td>2</td><td>2010</td><td>$ 17.2</td><td>$ 23.5</td><td>$ 5.8</td></tr><tr><td>3</td><td>2011</td><td>11.1</td><td>24.7</td><td>5.7</td></tr><tr><td>4</td><td>2012</td><td>10.8</td><td>26.4</td><td>5.7</td></tr><tr><td>5</td><td>2013</td><td>10.5</td><td>28.2</td><td>5.6</td></tr><tr><td>6</td><td>2014</td><td>10.5</td><td>32.4</td><td>5.5</td></tr><tr><td>7</td><td>2015 2013 2019</td><td>48.5</td><td>175.3</td><td>24.8</td></tr></table> the estimated future payments for our postretirement benefit plans are before any estimated federal subsidies expected to be received under the medicare prescription drug , improvement and modernization act of 2003 . federal subsidies are estimated to range from $ 0.5 in 2010 to $ 0.6 in 2014 and are estimated to be $ 2.4 for the period 2015-2019 . savings plans we sponsor defined contribution plans ( the 201csavings plans 201d ) that cover substantially all domestic employees . the savings plans permit participants to make contributions on a pre-tax and/or after-tax basis and allows participants to choose among various investment alternatives . we match a portion of participant contributions based upon their years of service . amounts expensed for the savings plans for 2009 , 2008 and 2007 were $ 35.1 , $ 29.6 and $ 31.4 , respectively . expense includes a discretionary company contribution of $ 3.8 , $ 4.0 and $ 4.9 offset by participant forfeitures of $ 2.7 , $ 7.8 , $ 6.0 in 2009 , 2008 and 2007 , respectively . in addition , we maintain defined contribution plans in various foreign countries and contributed $ 25.0 , $ 28.7 and $ 26.7 to these plans in 2009 , 2008 and 2007 , respectively . deferred compensation and benefit arrangements we have deferred compensation arrangements which ( i ) permit certain of our key officers and employees to defer a portion of their salary or incentive compensation , or ( ii ) require us to contribute an amount to the participant 2019s account . the arrangements typically provide that the participant will receive the amounts deferred plus interest upon attaining certain conditions , such as completing a certain number of years of service or upon retirement or termination . as of december 31 , 2009 and 2008 , the deferred compensation liability balance was $ 100.3 and $ 107.6 , respectively . amounts expensed for deferred compensation arrangements in 2009 , 2008 and 2007 were $ 11.6 , $ 5.7 and $ 11.9 , respectively . we have deferred benefit arrangements with certain key officers and employees that provide participants with an annual payment , payable when the participant attains a certain age and after the participant 2019s employment has terminated . the deferred benefit liability was $ 178.2 and $ 182.1 as of december 31 , 2009 and 2008 , respectively . amounts expensed for deferred benefit arrangements in 2009 , 2008 and 2007 were $ 12.0 , $ 14.9 and $ 15.5 , respectively . we have purchased life insurance policies on participants 2019 lives to assist in the funding of the related deferred compensation and deferred benefit liabilities . as of december 31 , 2009 and 2008 , the cash surrender value of these policies was $ 119.4 and $ 100.2 , respectively . in addition to the life insurance policies , certain investments are held for the purpose of paying the deferred compensation and deferred benefit liabilities . these investments , along with the life insurance policies , are held in a separate revocable trust for the purpose of paying the deferred compensation and the deferred benefit . Conversations: q0: how much was contributed to defined contribution plans for foreign countries in 2008? {answer0} q1: how much was contributed in 2007? {answer1} Question: what is the difference? Answer:
2.0
2
411
convfinqa1453
In the context of this series of interconnected finance-related queries and the additional information provided by the pretext, table data, and posttext from a company's financial filings, please provide a response to the final question. This may require extracting information from the context and performing mathematical calculations. Please take into account the information provided in the preceding questions and their answers when formulating your response: Context: notes to consolidated financial statements 2013 ( continued ) ( amounts in millions , except per share amounts ) cash flows for 2010 , we expect to contribute $ 25.2 and $ 9.2 to our foreign pension plans and domestic pension plans , respectively . a significant portion of our contributions to the foreign pension plans relate to the u.k . pension plan . additionally , we are in the process of modifying the schedule of employer contributions for the u.k . pension plan and we expect to finalize this during 2010 . as a result , we expect our contributions to our foreign pension plans to increase from current levels in 2010 and subsequent years . during 2009 , we contributed $ 31.9 to our foreign pension plans and contributions to the domestic pension plan were negligible . the following estimated future benefit payments , which reflect future service , as appropriate , are expected to be paid in the years indicated below . domestic pension plans foreign pension plans postretirement benefit plans . <table class='wikitable'><tr><td>1</td><td>years</td><td>domestic pension plans</td><td>foreign pension plans</td><td>postretirement benefit plans</td></tr><tr><td>2</td><td>2010</td><td>$ 17.2</td><td>$ 23.5</td><td>$ 5.8</td></tr><tr><td>3</td><td>2011</td><td>11.1</td><td>24.7</td><td>5.7</td></tr><tr><td>4</td><td>2012</td><td>10.8</td><td>26.4</td><td>5.7</td></tr><tr><td>5</td><td>2013</td><td>10.5</td><td>28.2</td><td>5.6</td></tr><tr><td>6</td><td>2014</td><td>10.5</td><td>32.4</td><td>5.5</td></tr><tr><td>7</td><td>2015 2013 2019</td><td>48.5</td><td>175.3</td><td>24.8</td></tr></table> the estimated future payments for our postretirement benefit plans are before any estimated federal subsidies expected to be received under the medicare prescription drug , improvement and modernization act of 2003 . federal subsidies are estimated to range from $ 0.5 in 2010 to $ 0.6 in 2014 and are estimated to be $ 2.4 for the period 2015-2019 . savings plans we sponsor defined contribution plans ( the 201csavings plans 201d ) that cover substantially all domestic employees . the savings plans permit participants to make contributions on a pre-tax and/or after-tax basis and allows participants to choose among various investment alternatives . we match a portion of participant contributions based upon their years of service . amounts expensed for the savings plans for 2009 , 2008 and 2007 were $ 35.1 , $ 29.6 and $ 31.4 , respectively . expense includes a discretionary company contribution of $ 3.8 , $ 4.0 and $ 4.9 offset by participant forfeitures of $ 2.7 , $ 7.8 , $ 6.0 in 2009 , 2008 and 2007 , respectively . in addition , we maintain defined contribution plans in various foreign countries and contributed $ 25.0 , $ 28.7 and $ 26.7 to these plans in 2009 , 2008 and 2007 , respectively . deferred compensation and benefit arrangements we have deferred compensation arrangements which ( i ) permit certain of our key officers and employees to defer a portion of their salary or incentive compensation , or ( ii ) require us to contribute an amount to the participant 2019s account . the arrangements typically provide that the participant will receive the amounts deferred plus interest upon attaining certain conditions , such as completing a certain number of years of service or upon retirement or termination . as of december 31 , 2009 and 2008 , the deferred compensation liability balance was $ 100.3 and $ 107.6 , respectively . amounts expensed for deferred compensation arrangements in 2009 , 2008 and 2007 were $ 11.6 , $ 5.7 and $ 11.9 , respectively . we have deferred benefit arrangements with certain key officers and employees that provide participants with an annual payment , payable when the participant attains a certain age and after the participant 2019s employment has terminated . the deferred benefit liability was $ 178.2 and $ 182.1 as of december 31 , 2009 and 2008 , respectively . amounts expensed for deferred benefit arrangements in 2009 , 2008 and 2007 were $ 12.0 , $ 14.9 and $ 15.5 , respectively . we have purchased life insurance policies on participants 2019 lives to assist in the funding of the related deferred compensation and deferred benefit liabilities . as of december 31 , 2009 and 2008 , the cash surrender value of these policies was $ 119.4 and $ 100.2 , respectively . in addition to the life insurance policies , certain investments are held for the purpose of paying the deferred compensation and deferred benefit liabilities . these investments , along with the life insurance policies , are held in a separate revocable trust for the purpose of paying the deferred compensation and the deferred benefit . Conversations: q0: how much was contributed to defined contribution plans for foreign countries in 2008? {answer0} q1: how much was contributed in 2007? {answer1} q2: what is the difference? {answer2} Question: what was the 2007 value? Answer:
26.7
3
411
convfinqa1454
In the context of this series of interconnected finance-related queries and the additional information provided by the pretext, table data, and posttext from a company's financial filings, please provide a response to the final question. This may require extracting information from the context and performing mathematical calculations. Please take into account the information provided in the preceding questions and their answers when formulating your response: Context: notes to consolidated financial statements 2013 ( continued ) ( amounts in millions , except per share amounts ) cash flows for 2010 , we expect to contribute $ 25.2 and $ 9.2 to our foreign pension plans and domestic pension plans , respectively . a significant portion of our contributions to the foreign pension plans relate to the u.k . pension plan . additionally , we are in the process of modifying the schedule of employer contributions for the u.k . pension plan and we expect to finalize this during 2010 . as a result , we expect our contributions to our foreign pension plans to increase from current levels in 2010 and subsequent years . during 2009 , we contributed $ 31.9 to our foreign pension plans and contributions to the domestic pension plan were negligible . the following estimated future benefit payments , which reflect future service , as appropriate , are expected to be paid in the years indicated below . domestic pension plans foreign pension plans postretirement benefit plans . <table class='wikitable'><tr><td>1</td><td>years</td><td>domestic pension plans</td><td>foreign pension plans</td><td>postretirement benefit plans</td></tr><tr><td>2</td><td>2010</td><td>$ 17.2</td><td>$ 23.5</td><td>$ 5.8</td></tr><tr><td>3</td><td>2011</td><td>11.1</td><td>24.7</td><td>5.7</td></tr><tr><td>4</td><td>2012</td><td>10.8</td><td>26.4</td><td>5.7</td></tr><tr><td>5</td><td>2013</td><td>10.5</td><td>28.2</td><td>5.6</td></tr><tr><td>6</td><td>2014</td><td>10.5</td><td>32.4</td><td>5.5</td></tr><tr><td>7</td><td>2015 2013 2019</td><td>48.5</td><td>175.3</td><td>24.8</td></tr></table> the estimated future payments for our postretirement benefit plans are before any estimated federal subsidies expected to be received under the medicare prescription drug , improvement and modernization act of 2003 . federal subsidies are estimated to range from $ 0.5 in 2010 to $ 0.6 in 2014 and are estimated to be $ 2.4 for the period 2015-2019 . savings plans we sponsor defined contribution plans ( the 201csavings plans 201d ) that cover substantially all domestic employees . the savings plans permit participants to make contributions on a pre-tax and/or after-tax basis and allows participants to choose among various investment alternatives . we match a portion of participant contributions based upon their years of service . amounts expensed for the savings plans for 2009 , 2008 and 2007 were $ 35.1 , $ 29.6 and $ 31.4 , respectively . expense includes a discretionary company contribution of $ 3.8 , $ 4.0 and $ 4.9 offset by participant forfeitures of $ 2.7 , $ 7.8 , $ 6.0 in 2009 , 2008 and 2007 , respectively . in addition , we maintain defined contribution plans in various foreign countries and contributed $ 25.0 , $ 28.7 and $ 26.7 to these plans in 2009 , 2008 and 2007 , respectively . deferred compensation and benefit arrangements we have deferred compensation arrangements which ( i ) permit certain of our key officers and employees to defer a portion of their salary or incentive compensation , or ( ii ) require us to contribute an amount to the participant 2019s account . the arrangements typically provide that the participant will receive the amounts deferred plus interest upon attaining certain conditions , such as completing a certain number of years of service or upon retirement or termination . as of december 31 , 2009 and 2008 , the deferred compensation liability balance was $ 100.3 and $ 107.6 , respectively . amounts expensed for deferred compensation arrangements in 2009 , 2008 and 2007 were $ 11.6 , $ 5.7 and $ 11.9 , respectively . we have deferred benefit arrangements with certain key officers and employees that provide participants with an annual payment , payable when the participant attains a certain age and after the participant 2019s employment has terminated . the deferred benefit liability was $ 178.2 and $ 182.1 as of december 31 , 2009 and 2008 , respectively . amounts expensed for deferred benefit arrangements in 2009 , 2008 and 2007 were $ 12.0 , $ 14.9 and $ 15.5 , respectively . we have purchased life insurance policies on participants 2019 lives to assist in the funding of the related deferred compensation and deferred benefit liabilities . as of december 31 , 2009 and 2008 , the cash surrender value of these policies was $ 119.4 and $ 100.2 , respectively . in addition to the life insurance policies , certain investments are held for the purpose of paying the deferred compensation and deferred benefit liabilities . these investments , along with the life insurance policies , are held in a separate revocable trust for the purpose of paying the deferred compensation and the deferred benefit . Conversations: q0: how much was contributed to defined contribution plans for foreign countries in 2008? {answer0} q1: how much was contributed in 2007? {answer1} q2: what is the difference? {answer2} q3: what was the 2007 value? {answer3} Question: what is the difference over the 2007 value? Answer:
0.07491
4
411
convfinqa1455
In the context of this series of interconnected finance-related queries and the additional information provided by the pretext, table data, and posttext from a company's financial filings, please provide a response to the final question. This may require extracting information from the context and performing mathematical calculations. Please take into account the information provided in the preceding questions and their answers when formulating your response: Context: table of contents adobe inc . notes to consolidated financial statements ( continued ) certain states and foreign jurisdictions to fully utilize available tax credits and other attributes . the deferred tax assets are offset by a valuation allowance to the extent it is more likely than not that they are not expected to be realized . we provide u.s . income taxes on the earnings of foreign subsidiaries unless the subsidiaries 2019 earnings are considered permanently reinvested outside the united states or are exempted from taxation as a result of the new territorial tax system . to the extent that the foreign earnings previously treated as permanently reinvested are repatriated , the related u.s . tax liability may be reduced by any foreign income taxes paid on these earnings . as of november 30 , 2018 , the cumulative amount of earnings upon which u.s . income taxes have not been provided is approximately $ 275 million . the unrecognized deferred tax liability for these earnings is approximately $ 57.8 million . as of november 30 , 2018 , we have net operating loss carryforwards of approximately $ 881.1 million for federal and $ 349.7 million for state . we also have federal , state and foreign tax credit carryforwards of approximately $ 8.8 million , $ 189.9 million and $ 14.9 million , respectively . the net operating loss carryforward assets and tax credits will expire in various years from fiscal 2019 through 2036 . the state tax credit carryforwards and a portion of the federal net operating loss carryforwards can be carried forward indefinitely . the net operating loss carryforward assets and certain credits are reduced by the valuation allowance and are subject to an annual limitation under internal revenue code section 382 , the carrying amount of which are expected to be fully realized . as of november 30 , 2018 , a valuation allowance of $ 174.5 million has been established for certain deferred tax assets related to certain state and foreign assets . for fiscal 2018 , the total change in the valuation allowance was $ 80.9 million . accounting for uncertainty in income taxes during fiscal 2018 and 2017 , our aggregate changes in our total gross amount of unrecognized tax benefits are summarized as follows ( in thousands ) : . <table class='wikitable'><tr><td>1</td><td></td><td>2018</td><td>2017</td></tr><tr><td>2</td><td>beginning balance</td><td>$ 172945</td><td>$ 178413</td></tr><tr><td>3</td><td>gross increases in unrecognized tax benefits 2013 prior year tax positions</td><td>16191</td><td>3680</td></tr><tr><td>4</td><td>gross decreases in unrecognized tax benefits 2013 prior year tax positions</td><td>-4000 ( 4000 )</td><td>-30166 ( 30166 )</td></tr><tr><td>5</td><td>gross increases in unrecognized tax benefits 2013 current year tax positions</td><td>60721</td><td>24927</td></tr><tr><td>6</td><td>settlements with taxing authorities</td><td>2014</td><td>-3876 ( 3876 )</td></tr><tr><td>7</td><td>lapse of statute of limitations</td><td>-45922 ( 45922 )</td><td>-8819 ( 8819 )</td></tr><tr><td>8</td><td>foreign exchange gains and losses</td><td>-3783 ( 3783 )</td><td>8786</td></tr><tr><td>9</td><td>ending balance</td><td>$ 196152</td><td>$ 172945</td></tr></table> the combined amount of accrued interest and penalties related to tax positions taken on our tax returns were approximately $ 24.6 million and $ 23.6 million for fiscal 2018 and 2017 , respectively . these amounts were included in long-term income taxes payable in their respective years . we file income tax returns in the united states on a federal basis and in many u.s . state and foreign jurisdictions . we are subject to the continual examination of our income tax returns by the irs and other domestic and foreign tax authorities . our major tax jurisdictions are ireland , california and the united states . for ireland , california and the united states , the earliest fiscal years open for examination are 2008 , 2014 and 2015 , respectively . we regularly assess the likelihood of outcomes resulting from these examinations to determine the adequacy of our provision for income taxes and have reserved for potential adjustments that may result from these examinations . we believe such estimates to be reasonable ; however , there can be no assurance that the final determination of any of these examinations will not have an adverse effect on our operating results and financial position . the timing of the resolution of income tax examinations is highly uncertain as are the amounts and timing of tax payments that are part of any audit settlement process . these events could cause large fluctuations in the balance of short-term and long- term assets , liabilities and income taxes payable . we believe that within the next 12 months , it is reasonably possible that either certain audits will conclude or statutes of limitations on certain income tax examination periods will expire , or both . given the uncertainties described above , we can only determine a range of estimated potential effect in underlying unrecognized tax benefits ranging from $ 0 to approximately $ 45 million. . Conversations: Question: between the years of 2017 and 2018, what was the variation observed in the total gross amount of unrecognized tax benefits? Answer:
23207.0
0
412
convfinqa1456
In the context of this series of interconnected finance-related queries and the additional information provided by the pretext, table data, and posttext from a company's financial filings, please provide a response to the final question. This may require extracting information from the context and performing mathematical calculations. Please take into account the information provided in the preceding questions and their answers when formulating your response: Context: table of contents adobe inc . notes to consolidated financial statements ( continued ) certain states and foreign jurisdictions to fully utilize available tax credits and other attributes . the deferred tax assets are offset by a valuation allowance to the extent it is more likely than not that they are not expected to be realized . we provide u.s . income taxes on the earnings of foreign subsidiaries unless the subsidiaries 2019 earnings are considered permanently reinvested outside the united states or are exempted from taxation as a result of the new territorial tax system . to the extent that the foreign earnings previously treated as permanently reinvested are repatriated , the related u.s . tax liability may be reduced by any foreign income taxes paid on these earnings . as of november 30 , 2018 , the cumulative amount of earnings upon which u.s . income taxes have not been provided is approximately $ 275 million . the unrecognized deferred tax liability for these earnings is approximately $ 57.8 million . as of november 30 , 2018 , we have net operating loss carryforwards of approximately $ 881.1 million for federal and $ 349.7 million for state . we also have federal , state and foreign tax credit carryforwards of approximately $ 8.8 million , $ 189.9 million and $ 14.9 million , respectively . the net operating loss carryforward assets and tax credits will expire in various years from fiscal 2019 through 2036 . the state tax credit carryforwards and a portion of the federal net operating loss carryforwards can be carried forward indefinitely . the net operating loss carryforward assets and certain credits are reduced by the valuation allowance and are subject to an annual limitation under internal revenue code section 382 , the carrying amount of which are expected to be fully realized . as of november 30 , 2018 , a valuation allowance of $ 174.5 million has been established for certain deferred tax assets related to certain state and foreign assets . for fiscal 2018 , the total change in the valuation allowance was $ 80.9 million . accounting for uncertainty in income taxes during fiscal 2018 and 2017 , our aggregate changes in our total gross amount of unrecognized tax benefits are summarized as follows ( in thousands ) : . <table class='wikitable'><tr><td>1</td><td></td><td>2018</td><td>2017</td></tr><tr><td>2</td><td>beginning balance</td><td>$ 172945</td><td>$ 178413</td></tr><tr><td>3</td><td>gross increases in unrecognized tax benefits 2013 prior year tax positions</td><td>16191</td><td>3680</td></tr><tr><td>4</td><td>gross decreases in unrecognized tax benefits 2013 prior year tax positions</td><td>-4000 ( 4000 )</td><td>-30166 ( 30166 )</td></tr><tr><td>5</td><td>gross increases in unrecognized tax benefits 2013 current year tax positions</td><td>60721</td><td>24927</td></tr><tr><td>6</td><td>settlements with taxing authorities</td><td>2014</td><td>-3876 ( 3876 )</td></tr><tr><td>7</td><td>lapse of statute of limitations</td><td>-45922 ( 45922 )</td><td>-8819 ( 8819 )</td></tr><tr><td>8</td><td>foreign exchange gains and losses</td><td>-3783 ( 3783 )</td><td>8786</td></tr><tr><td>9</td><td>ending balance</td><td>$ 196152</td><td>$ 172945</td></tr></table> the combined amount of accrued interest and penalties related to tax positions taken on our tax returns were approximately $ 24.6 million and $ 23.6 million for fiscal 2018 and 2017 , respectively . these amounts were included in long-term income taxes payable in their respective years . we file income tax returns in the united states on a federal basis and in many u.s . state and foreign jurisdictions . we are subject to the continual examination of our income tax returns by the irs and other domestic and foreign tax authorities . our major tax jurisdictions are ireland , california and the united states . for ireland , california and the united states , the earliest fiscal years open for examination are 2008 , 2014 and 2015 , respectively . we regularly assess the likelihood of outcomes resulting from these examinations to determine the adequacy of our provision for income taxes and have reserved for potential adjustments that may result from these examinations . we believe such estimates to be reasonable ; however , there can be no assurance that the final determination of any of these examinations will not have an adverse effect on our operating results and financial position . the timing of the resolution of income tax examinations is highly uncertain as are the amounts and timing of tax payments that are part of any audit settlement process . these events could cause large fluctuations in the balance of short-term and long- term assets , liabilities and income taxes payable . we believe that within the next 12 months , it is reasonably possible that either certain audits will conclude or statutes of limitations on certain income tax examination periods will expire , or both . given the uncertainties described above , we can only determine a range of estimated potential effect in underlying unrecognized tax benefits ranging from $ 0 to approximately $ 45 million. . Conversations: q0: between the years of 2017 and 2018, what was the variation observed in the total gross amount of unrecognized tax benefits? {answer0} Question: and what was that total gross amount in 2017? Answer:
172945.0
1
412
convfinqa1457
In the context of this series of interconnected finance-related queries and the additional information provided by the pretext, table data, and posttext from a company's financial filings, please provide a response to the final question. This may require extracting information from the context and performing mathematical calculations. Please take into account the information provided in the preceding questions and their answers when formulating your response: Context: table of contents adobe inc . notes to consolidated financial statements ( continued ) certain states and foreign jurisdictions to fully utilize available tax credits and other attributes . the deferred tax assets are offset by a valuation allowance to the extent it is more likely than not that they are not expected to be realized . we provide u.s . income taxes on the earnings of foreign subsidiaries unless the subsidiaries 2019 earnings are considered permanently reinvested outside the united states or are exempted from taxation as a result of the new territorial tax system . to the extent that the foreign earnings previously treated as permanently reinvested are repatriated , the related u.s . tax liability may be reduced by any foreign income taxes paid on these earnings . as of november 30 , 2018 , the cumulative amount of earnings upon which u.s . income taxes have not been provided is approximately $ 275 million . the unrecognized deferred tax liability for these earnings is approximately $ 57.8 million . as of november 30 , 2018 , we have net operating loss carryforwards of approximately $ 881.1 million for federal and $ 349.7 million for state . we also have federal , state and foreign tax credit carryforwards of approximately $ 8.8 million , $ 189.9 million and $ 14.9 million , respectively . the net operating loss carryforward assets and tax credits will expire in various years from fiscal 2019 through 2036 . the state tax credit carryforwards and a portion of the federal net operating loss carryforwards can be carried forward indefinitely . the net operating loss carryforward assets and certain credits are reduced by the valuation allowance and are subject to an annual limitation under internal revenue code section 382 , the carrying amount of which are expected to be fully realized . as of november 30 , 2018 , a valuation allowance of $ 174.5 million has been established for certain deferred tax assets related to certain state and foreign assets . for fiscal 2018 , the total change in the valuation allowance was $ 80.9 million . accounting for uncertainty in income taxes during fiscal 2018 and 2017 , our aggregate changes in our total gross amount of unrecognized tax benefits are summarized as follows ( in thousands ) : . <table class='wikitable'><tr><td>1</td><td></td><td>2018</td><td>2017</td></tr><tr><td>2</td><td>beginning balance</td><td>$ 172945</td><td>$ 178413</td></tr><tr><td>3</td><td>gross increases in unrecognized tax benefits 2013 prior year tax positions</td><td>16191</td><td>3680</td></tr><tr><td>4</td><td>gross decreases in unrecognized tax benefits 2013 prior year tax positions</td><td>-4000 ( 4000 )</td><td>-30166 ( 30166 )</td></tr><tr><td>5</td><td>gross increases in unrecognized tax benefits 2013 current year tax positions</td><td>60721</td><td>24927</td></tr><tr><td>6</td><td>settlements with taxing authorities</td><td>2014</td><td>-3876 ( 3876 )</td></tr><tr><td>7</td><td>lapse of statute of limitations</td><td>-45922 ( 45922 )</td><td>-8819 ( 8819 )</td></tr><tr><td>8</td><td>foreign exchange gains and losses</td><td>-3783 ( 3783 )</td><td>8786</td></tr><tr><td>9</td><td>ending balance</td><td>$ 196152</td><td>$ 172945</td></tr></table> the combined amount of accrued interest and penalties related to tax positions taken on our tax returns were approximately $ 24.6 million and $ 23.6 million for fiscal 2018 and 2017 , respectively . these amounts were included in long-term income taxes payable in their respective years . we file income tax returns in the united states on a federal basis and in many u.s . state and foreign jurisdictions . we are subject to the continual examination of our income tax returns by the irs and other domestic and foreign tax authorities . our major tax jurisdictions are ireland , california and the united states . for ireland , california and the united states , the earliest fiscal years open for examination are 2008 , 2014 and 2015 , respectively . we regularly assess the likelihood of outcomes resulting from these examinations to determine the adequacy of our provision for income taxes and have reserved for potential adjustments that may result from these examinations . we believe such estimates to be reasonable ; however , there can be no assurance that the final determination of any of these examinations will not have an adverse effect on our operating results and financial position . the timing of the resolution of income tax examinations is highly uncertain as are the amounts and timing of tax payments that are part of any audit settlement process . these events could cause large fluctuations in the balance of short-term and long- term assets , liabilities and income taxes payable . we believe that within the next 12 months , it is reasonably possible that either certain audits will conclude or statutes of limitations on certain income tax examination periods will expire , or both . given the uncertainties described above , we can only determine a range of estimated potential effect in underlying unrecognized tax benefits ranging from $ 0 to approximately $ 45 million. . Conversations: q0: between the years of 2017 and 2018, what was the variation observed in the total gross amount of unrecognized tax benefits? {answer0} q1: and what was that total gross amount in 2017? {answer1} Question: what percentage, then, of this amount did that variation represent? Answer:
0.13419
2
412
convfinqa1458
In the context of this series of interconnected finance-related queries and the additional information provided by the pretext, table data, and posttext from a company's financial filings, please provide a response to the final question. This may require extracting information from the context and performing mathematical calculations. Please take into account the information provided in the preceding questions and their answers when formulating your response: Context: table of contents adobe inc . notes to consolidated financial statements ( continued ) certain states and foreign jurisdictions to fully utilize available tax credits and other attributes . the deferred tax assets are offset by a valuation allowance to the extent it is more likely than not that they are not expected to be realized . we provide u.s . income taxes on the earnings of foreign subsidiaries unless the subsidiaries 2019 earnings are considered permanently reinvested outside the united states or are exempted from taxation as a result of the new territorial tax system . to the extent that the foreign earnings previously treated as permanently reinvested are repatriated , the related u.s . tax liability may be reduced by any foreign income taxes paid on these earnings . as of november 30 , 2018 , the cumulative amount of earnings upon which u.s . income taxes have not been provided is approximately $ 275 million . the unrecognized deferred tax liability for these earnings is approximately $ 57.8 million . as of november 30 , 2018 , we have net operating loss carryforwards of approximately $ 881.1 million for federal and $ 349.7 million for state . we also have federal , state and foreign tax credit carryforwards of approximately $ 8.8 million , $ 189.9 million and $ 14.9 million , respectively . the net operating loss carryforward assets and tax credits will expire in various years from fiscal 2019 through 2036 . the state tax credit carryforwards and a portion of the federal net operating loss carryforwards can be carried forward indefinitely . the net operating loss carryforward assets and certain credits are reduced by the valuation allowance and are subject to an annual limitation under internal revenue code section 382 , the carrying amount of which are expected to be fully realized . as of november 30 , 2018 , a valuation allowance of $ 174.5 million has been established for certain deferred tax assets related to certain state and foreign assets . for fiscal 2018 , the total change in the valuation allowance was $ 80.9 million . accounting for uncertainty in income taxes during fiscal 2018 and 2017 , our aggregate changes in our total gross amount of unrecognized tax benefits are summarized as follows ( in thousands ) : . <table class='wikitable'><tr><td>1</td><td></td><td>2018</td><td>2017</td></tr><tr><td>2</td><td>beginning balance</td><td>$ 172945</td><td>$ 178413</td></tr><tr><td>3</td><td>gross increases in unrecognized tax benefits 2013 prior year tax positions</td><td>16191</td><td>3680</td></tr><tr><td>4</td><td>gross decreases in unrecognized tax benefits 2013 prior year tax positions</td><td>-4000 ( 4000 )</td><td>-30166 ( 30166 )</td></tr><tr><td>5</td><td>gross increases in unrecognized tax benefits 2013 current year tax positions</td><td>60721</td><td>24927</td></tr><tr><td>6</td><td>settlements with taxing authorities</td><td>2014</td><td>-3876 ( 3876 )</td></tr><tr><td>7</td><td>lapse of statute of limitations</td><td>-45922 ( 45922 )</td><td>-8819 ( 8819 )</td></tr><tr><td>8</td><td>foreign exchange gains and losses</td><td>-3783 ( 3783 )</td><td>8786</td></tr><tr><td>9</td><td>ending balance</td><td>$ 196152</td><td>$ 172945</td></tr></table> the combined amount of accrued interest and penalties related to tax positions taken on our tax returns were approximately $ 24.6 million and $ 23.6 million for fiscal 2018 and 2017 , respectively . these amounts were included in long-term income taxes payable in their respective years . we file income tax returns in the united states on a federal basis and in many u.s . state and foreign jurisdictions . we are subject to the continual examination of our income tax returns by the irs and other domestic and foreign tax authorities . our major tax jurisdictions are ireland , california and the united states . for ireland , california and the united states , the earliest fiscal years open for examination are 2008 , 2014 and 2015 , respectively . we regularly assess the likelihood of outcomes resulting from these examinations to determine the adequacy of our provision for income taxes and have reserved for potential adjustments that may result from these examinations . we believe such estimates to be reasonable ; however , there can be no assurance that the final determination of any of these examinations will not have an adverse effect on our operating results and financial position . the timing of the resolution of income tax examinations is highly uncertain as are the amounts and timing of tax payments that are part of any audit settlement process . these events could cause large fluctuations in the balance of short-term and long- term assets , liabilities and income taxes payable . we believe that within the next 12 months , it is reasonably possible that either certain audits will conclude or statutes of limitations on certain income tax examination periods will expire , or both . given the uncertainties described above , we can only determine a range of estimated potential effect in underlying unrecognized tax benefits ranging from $ 0 to approximately $ 45 million. . Conversations: q0: between the years of 2017 and 2018, what was the variation observed in the total gross amount of unrecognized tax benefits? {answer0} q1: and what was that total gross amount in 2017? {answer1} q2: what percentage, then, of this amount did that variation represent? {answer2} Question: and concerning the valuation allowance in that last year, what was its change in the fiscal period? Answer:
80.9
3
412
convfinqa1459
In the context of this series of interconnected finance-related queries and the additional information provided by the pretext, table data, and posttext from a company's financial filings, please provide a response to the final question. This may require extracting information from the context and performing mathematical calculations. Please take into account the information provided in the preceding questions and their answers when formulating your response: Context: table of contents adobe inc . notes to consolidated financial statements ( continued ) certain states and foreign jurisdictions to fully utilize available tax credits and other attributes . the deferred tax assets are offset by a valuation allowance to the extent it is more likely than not that they are not expected to be realized . we provide u.s . income taxes on the earnings of foreign subsidiaries unless the subsidiaries 2019 earnings are considered permanently reinvested outside the united states or are exempted from taxation as a result of the new territorial tax system . to the extent that the foreign earnings previously treated as permanently reinvested are repatriated , the related u.s . tax liability may be reduced by any foreign income taxes paid on these earnings . as of november 30 , 2018 , the cumulative amount of earnings upon which u.s . income taxes have not been provided is approximately $ 275 million . the unrecognized deferred tax liability for these earnings is approximately $ 57.8 million . as of november 30 , 2018 , we have net operating loss carryforwards of approximately $ 881.1 million for federal and $ 349.7 million for state . we also have federal , state and foreign tax credit carryforwards of approximately $ 8.8 million , $ 189.9 million and $ 14.9 million , respectively . the net operating loss carryforward assets and tax credits will expire in various years from fiscal 2019 through 2036 . the state tax credit carryforwards and a portion of the federal net operating loss carryforwards can be carried forward indefinitely . the net operating loss carryforward assets and certain credits are reduced by the valuation allowance and are subject to an annual limitation under internal revenue code section 382 , the carrying amount of which are expected to be fully realized . as of november 30 , 2018 , a valuation allowance of $ 174.5 million has been established for certain deferred tax assets related to certain state and foreign assets . for fiscal 2018 , the total change in the valuation allowance was $ 80.9 million . accounting for uncertainty in income taxes during fiscal 2018 and 2017 , our aggregate changes in our total gross amount of unrecognized tax benefits are summarized as follows ( in thousands ) : . <table class='wikitable'><tr><td>1</td><td></td><td>2018</td><td>2017</td></tr><tr><td>2</td><td>beginning balance</td><td>$ 172945</td><td>$ 178413</td></tr><tr><td>3</td><td>gross increases in unrecognized tax benefits 2013 prior year tax positions</td><td>16191</td><td>3680</td></tr><tr><td>4</td><td>gross decreases in unrecognized tax benefits 2013 prior year tax positions</td><td>-4000 ( 4000 )</td><td>-30166 ( 30166 )</td></tr><tr><td>5</td><td>gross increases in unrecognized tax benefits 2013 current year tax positions</td><td>60721</td><td>24927</td></tr><tr><td>6</td><td>settlements with taxing authorities</td><td>2014</td><td>-3876 ( 3876 )</td></tr><tr><td>7</td><td>lapse of statute of limitations</td><td>-45922 ( 45922 )</td><td>-8819 ( 8819 )</td></tr><tr><td>8</td><td>foreign exchange gains and losses</td><td>-3783 ( 3783 )</td><td>8786</td></tr><tr><td>9</td><td>ending balance</td><td>$ 196152</td><td>$ 172945</td></tr></table> the combined amount of accrued interest and penalties related to tax positions taken on our tax returns were approximately $ 24.6 million and $ 23.6 million for fiscal 2018 and 2017 , respectively . these amounts were included in long-term income taxes payable in their respective years . we file income tax returns in the united states on a federal basis and in many u.s . state and foreign jurisdictions . we are subject to the continual examination of our income tax returns by the irs and other domestic and foreign tax authorities . our major tax jurisdictions are ireland , california and the united states . for ireland , california and the united states , the earliest fiscal years open for examination are 2008 , 2014 and 2015 , respectively . we regularly assess the likelihood of outcomes resulting from these examinations to determine the adequacy of our provision for income taxes and have reserved for potential adjustments that may result from these examinations . we believe such estimates to be reasonable ; however , there can be no assurance that the final determination of any of these examinations will not have an adverse effect on our operating results and financial position . the timing of the resolution of income tax examinations is highly uncertain as are the amounts and timing of tax payments that are part of any audit settlement process . these events could cause large fluctuations in the balance of short-term and long- term assets , liabilities and income taxes payable . we believe that within the next 12 months , it is reasonably possible that either certain audits will conclude or statutes of limitations on certain income tax examination periods will expire , or both . given the uncertainties described above , we can only determine a range of estimated potential effect in underlying unrecognized tax benefits ranging from $ 0 to approximately $ 45 million. . Conversations: q0: between the years of 2017 and 2018, what was the variation observed in the total gross amount of unrecognized tax benefits? {answer0} q1: and what was that total gross amount in 2017? {answer1} q2: what percentage, then, of this amount did that variation represent? {answer2} q3: and concerning the valuation allowance in that last year, what was its change in the fiscal period? {answer3} Question: what percent of this change was due to settlements with taxing authorities? Answer:
0.0
4
412
convfinqa1460
In the context of this series of interconnected finance-related queries and the additional information provided by the pretext, table data, and posttext from a company's financial filings, please provide a response to the final question. This may require extracting information from the context and performing mathematical calculations. Please take into account the information provided in the preceding questions and their answers when formulating your response: Context: the future minimum lease commitments under these leases at december 31 , 2010 are as follows ( in thousands ) : years ending december 31: . <table class='wikitable'><tr><td>1</td><td>2011</td><td>$ 62465</td></tr><tr><td>2</td><td>2012</td><td>54236</td></tr><tr><td>3</td><td>2013</td><td>47860</td></tr><tr><td>4</td><td>2014</td><td>37660</td></tr><tr><td>5</td><td>2015</td><td>28622</td></tr><tr><td>6</td><td>thereafter</td><td>79800</td></tr><tr><td>7</td><td>future minimum lease payments</td><td>$ 310643</td></tr></table> rental expense for operating leases was approximately $ 66.9 million , $ 57.2 million and $ 49.0 million during the years ended december 31 , 2010 , 2009 and 2008 , respectively . in connection with the acquisitions of several businesses , we entered into agreements with several sellers of those businesses , some of whom became stockholders as a result of those acquisitions , for the lease of certain properties used in our operations . typical lease terms under these agreements include an initial term of five years , with three to five five-year renewal options and purchase options at various times throughout the lease periods . we also maintain the right of first refusal concerning the sale of the leased property . lease payments to an employee who became an officer of the company after the acquisition of his business were approximately $ 1.0 million , $ 0.9 million and $ 0.9 million during each of the years ended december 31 , 2010 , 2009 and 2008 , respectively . we guarantee 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 guarantees at december 31 , 2010 , the guaranteed residual value would have totaled approximately $ 31.4 million . we have not recorded a liability for the guaranteed residual value of equipment under operating leases as the recovery on disposition of the equipment under the leases is expected to approximate the guaranteed residual value . litigation and related contingencies in december 2005 and may 2008 , ford global technologies , llc filed complaints with the international trade commission against us and others alleging that certain aftermarket parts imported into the u.s . infringed on ford design patents . the parties settled these matters in april 2009 pursuant to a settlement arrangement that expires in september 2011 . pursuant to the settlement , we ( and our designees ) became the sole distributor in the u.s . of aftermarket automotive parts that correspond to ford collision parts that are covered by a u.s . design patent . we have paid ford an upfront fee for these rights and will pay a royalty for each such part we sell . the amortization of the upfront fee and the royalty expenses are reflected in cost of goods sold on the accompanying consolidated statements of income . we also have certain other contingencies resulting from litigation , claims and other commitments and are subject to a variety of environmental and pollution control laws and regulations incident to the ordinary course of business . we currently expect that the resolution of such contingencies will not materially affect our financial position , results of operations or cash flows. . Conversations: Question: what was the lease payments to the employee who became an officer of the company following his business acquisition in 2008? Answer:
0.9
0
413
convfinqa1461
In the context of this series of interconnected finance-related queries and the additional information provided by the pretext, table data, and posttext from a company's financial filings, please provide a response to the final question. This may require extracting information from the context and performing mathematical calculations. Please take into account the information provided in the preceding questions and their answers when formulating your response: Context: the future minimum lease commitments under these leases at december 31 , 2010 are as follows ( in thousands ) : years ending december 31: . <table class='wikitable'><tr><td>1</td><td>2011</td><td>$ 62465</td></tr><tr><td>2</td><td>2012</td><td>54236</td></tr><tr><td>3</td><td>2013</td><td>47860</td></tr><tr><td>4</td><td>2014</td><td>37660</td></tr><tr><td>5</td><td>2015</td><td>28622</td></tr><tr><td>6</td><td>thereafter</td><td>79800</td></tr><tr><td>7</td><td>future minimum lease payments</td><td>$ 310643</td></tr></table> rental expense for operating leases was approximately $ 66.9 million , $ 57.2 million and $ 49.0 million during the years ended december 31 , 2010 , 2009 and 2008 , respectively . in connection with the acquisitions of several businesses , we entered into agreements with several sellers of those businesses , some of whom became stockholders as a result of those acquisitions , for the lease of certain properties used in our operations . typical lease terms under these agreements include an initial term of five years , with three to five five-year renewal options and purchase options at various times throughout the lease periods . we also maintain the right of first refusal concerning the sale of the leased property . lease payments to an employee who became an officer of the company after the acquisition of his business were approximately $ 1.0 million , $ 0.9 million and $ 0.9 million during each of the years ended december 31 , 2010 , 2009 and 2008 , respectively . we guarantee 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 guarantees at december 31 , 2010 , the guaranteed residual value would have totaled approximately $ 31.4 million . we have not recorded a liability for the guaranteed residual value of equipment under operating leases as the recovery on disposition of the equipment under the leases is expected to approximate the guaranteed residual value . litigation and related contingencies in december 2005 and may 2008 , ford global technologies , llc filed complaints with the international trade commission against us and others alleging that certain aftermarket parts imported into the u.s . infringed on ford design patents . the parties settled these matters in april 2009 pursuant to a settlement arrangement that expires in september 2011 . pursuant to the settlement , we ( and our designees ) became the sole distributor in the u.s . of aftermarket automotive parts that correspond to ford collision parts that are covered by a u.s . design patent . we have paid ford an upfront fee for these rights and will pay a royalty for each such part we sell . the amortization of the upfront fee and the royalty expenses are reflected in cost of goods sold on the accompanying consolidated statements of income . we also have certain other contingencies resulting from litigation , claims and other commitments and are subject to a variety of environmental and pollution control laws and regulations incident to the ordinary course of business . we currently expect that the resolution of such contingencies will not materially affect our financial position , results of operations or cash flows. . Conversations: q0: what was the lease payments to the employee who became an officer of the company following his business acquisition in 2008? {answer0} Question: and in 2009? Answer:
0.9
1
413
convfinqa1462
In the context of this series of interconnected finance-related queries and the additional information provided by the pretext, table data, and posttext from a company's financial filings, please provide a response to the final question. This may require extracting information from the context and performing mathematical calculations. Please take into account the information provided in the preceding questions and their answers when formulating your response: Context: the future minimum lease commitments under these leases at december 31 , 2010 are as follows ( in thousands ) : years ending december 31: . <table class='wikitable'><tr><td>1</td><td>2011</td><td>$ 62465</td></tr><tr><td>2</td><td>2012</td><td>54236</td></tr><tr><td>3</td><td>2013</td><td>47860</td></tr><tr><td>4</td><td>2014</td><td>37660</td></tr><tr><td>5</td><td>2015</td><td>28622</td></tr><tr><td>6</td><td>thereafter</td><td>79800</td></tr><tr><td>7</td><td>future minimum lease payments</td><td>$ 310643</td></tr></table> rental expense for operating leases was approximately $ 66.9 million , $ 57.2 million and $ 49.0 million during the years ended december 31 , 2010 , 2009 and 2008 , respectively . in connection with the acquisitions of several businesses , we entered into agreements with several sellers of those businesses , some of whom became stockholders as a result of those acquisitions , for the lease of certain properties used in our operations . typical lease terms under these agreements include an initial term of five years , with three to five five-year renewal options and purchase options at various times throughout the lease periods . we also maintain the right of first refusal concerning the sale of the leased property . lease payments to an employee who became an officer of the company after the acquisition of his business were approximately $ 1.0 million , $ 0.9 million and $ 0.9 million during each of the years ended december 31 , 2010 , 2009 and 2008 , respectively . we guarantee 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 guarantees at december 31 , 2010 , the guaranteed residual value would have totaled approximately $ 31.4 million . we have not recorded a liability for the guaranteed residual value of equipment under operating leases as the recovery on disposition of the equipment under the leases is expected to approximate the guaranteed residual value . litigation and related contingencies in december 2005 and may 2008 , ford global technologies , llc filed complaints with the international trade commission against us and others alleging that certain aftermarket parts imported into the u.s . infringed on ford design patents . the parties settled these matters in april 2009 pursuant to a settlement arrangement that expires in september 2011 . pursuant to the settlement , we ( and our designees ) became the sole distributor in the u.s . of aftermarket automotive parts that correspond to ford collision parts that are covered by a u.s . design patent . we have paid ford an upfront fee for these rights and will pay a royalty for each such part we sell . the amortization of the upfront fee and the royalty expenses are reflected in cost of goods sold on the accompanying consolidated statements of income . we also have certain other contingencies resulting from litigation , claims and other commitments and are subject to a variety of environmental and pollution control laws and regulations incident to the ordinary course of business . we currently expect that the resolution of such contingencies will not materially affect our financial position , results of operations or cash flows. . Conversations: q0: what was the lease payments to the employee who became an officer of the company following his business acquisition in 2008? {answer0} q1: and in 2009? {answer1} Question: so what was the total payment for these two years? Answer:
1.8
2
413
convfinqa1463
In the context of this series of interconnected finance-related queries and the additional information provided by the pretext, table data, and posttext from a company's financial filings, please provide a response to the final question. This may require extracting information from the context and performing mathematical calculations. Please take into account the information provided in the preceding questions and their answers when formulating your response: Context: the future minimum lease commitments under these leases at december 31 , 2010 are as follows ( in thousands ) : years ending december 31: . <table class='wikitable'><tr><td>1</td><td>2011</td><td>$ 62465</td></tr><tr><td>2</td><td>2012</td><td>54236</td></tr><tr><td>3</td><td>2013</td><td>47860</td></tr><tr><td>4</td><td>2014</td><td>37660</td></tr><tr><td>5</td><td>2015</td><td>28622</td></tr><tr><td>6</td><td>thereafter</td><td>79800</td></tr><tr><td>7</td><td>future minimum lease payments</td><td>$ 310643</td></tr></table> rental expense for operating leases was approximately $ 66.9 million , $ 57.2 million and $ 49.0 million during the years ended december 31 , 2010 , 2009 and 2008 , respectively . in connection with the acquisitions of several businesses , we entered into agreements with several sellers of those businesses , some of whom became stockholders as a result of those acquisitions , for the lease of certain properties used in our operations . typical lease terms under these agreements include an initial term of five years , with three to five five-year renewal options and purchase options at various times throughout the lease periods . we also maintain the right of first refusal concerning the sale of the leased property . lease payments to an employee who became an officer of the company after the acquisition of his business were approximately $ 1.0 million , $ 0.9 million and $ 0.9 million during each of the years ended december 31 , 2010 , 2009 and 2008 , respectively . we guarantee 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 guarantees at december 31 , 2010 , the guaranteed residual value would have totaled approximately $ 31.4 million . we have not recorded a liability for the guaranteed residual value of equipment under operating leases as the recovery on disposition of the equipment under the leases is expected to approximate the guaranteed residual value . litigation and related contingencies in december 2005 and may 2008 , ford global technologies , llc filed complaints with the international trade commission against us and others alleging that certain aftermarket parts imported into the u.s . infringed on ford design patents . the parties settled these matters in april 2009 pursuant to a settlement arrangement that expires in september 2011 . pursuant to the settlement , we ( and our designees ) became the sole distributor in the u.s . of aftermarket automotive parts that correspond to ford collision parts that are covered by a u.s . design patent . we have paid ford an upfront fee for these rights and will pay a royalty for each such part we sell . the amortization of the upfront fee and the royalty expenses are reflected in cost of goods sold on the accompanying consolidated statements of income . we also have certain other contingencies resulting from litigation , claims and other commitments and are subject to a variety of environmental and pollution control laws and regulations incident to the ordinary course of business . we currently expect that the resolution of such contingencies will not materially affect our financial position , results of operations or cash flows. . Conversations: q0: what was the lease payments to the employee who became an officer of the company following his business acquisition in 2008? {answer0} q1: and in 2009? {answer1} q2: so what was the total payment for these two years? {answer2} Question: and including the value for 2010? Answer:
2.8
3
413
convfinqa1464
In the context of this series of interconnected finance-related queries and the additional information provided by the pretext, table data, and posttext from a company's financial filings, please provide a response to the final question. This may require extracting information from the context and performing mathematical calculations. Please take into account the information provided in the preceding questions and their answers when formulating your response: Context: devon energy corporation and subsidiaries notes to consolidated financial statements 2013 ( continued ) asset divestitures in conjunction with the asset divestitures in 2013 and 2014 , devon removed $ 26 million and $ 706 million of goodwill , respectively , which were allocated to these assets . impairment devon 2019s canadian goodwill was originally recognized in 2001 as a result of a business combination consisting almost entirely of conventional gas assets that devon no longer owns . as a result of performing the goodwill impairment test described in note 1 , devon concluded the implied fair value of its canadian goodwill was zero as of december 31 , 2014 . this conclusion was largely based on the significant decline in benchmark oil prices , particularly after opec 2019s decision not to reduce its production targets that was announced in late november 2014 . consequently , in the fourth quarter of 2014 , devon wrote off its remaining canadian goodwill and recognized a $ 1.9 billion impairment . other intangible assets as of december 31 , 2014 , intangible assets associated with customer relationships had a gross carrying amount of $ 569 million and $ 36 million of accumulated amortization . the weighted-average amortization period for the customer relationships is 13.7 years . amortization expense for intangibles was approximately $ 36 million for the year ended december 31 , 2014 . other intangible assets are reported in other long-term assets in the accompanying consolidated balance sheets . the following table summarizes the estimated aggregate amortization expense for the next five years . year amortization amount ( in millions ) . <table class='wikitable'><tr><td>1</td><td>year</td><td>amortization amount ( in millions )</td></tr><tr><td>2</td><td>2015</td><td>$ 45</td></tr><tr><td>3</td><td>2016</td><td>$ 45</td></tr><tr><td>4</td><td>2017</td><td>$ 45</td></tr><tr><td>5</td><td>2018</td><td>$ 45</td></tr><tr><td>6</td><td>2019</td><td>$ 44</td></tr></table> . Conversations: Question: how much does the total of intangibles represent in relation to the total amortization in 2014? Answer:
0.8
0
414
convfinqa1465
In the context of this series of interconnected finance-related queries and the additional information provided by the pretext, table data, and posttext from a company's financial filings, please provide a response to the final question. This may require extracting information from the context and performing mathematical calculations. Please take into account the information provided in the preceding questions and their answers when formulating your response: Context: devon energy corporation and subsidiaries notes to consolidated financial statements 2013 ( continued ) asset divestitures in conjunction with the asset divestitures in 2013 and 2014 , devon removed $ 26 million and $ 706 million of goodwill , respectively , which were allocated to these assets . impairment devon 2019s canadian goodwill was originally recognized in 2001 as a result of a business combination consisting almost entirely of conventional gas assets that devon no longer owns . as a result of performing the goodwill impairment test described in note 1 , devon concluded the implied fair value of its canadian goodwill was zero as of december 31 , 2014 . this conclusion was largely based on the significant decline in benchmark oil prices , particularly after opec 2019s decision not to reduce its production targets that was announced in late november 2014 . consequently , in the fourth quarter of 2014 , devon wrote off its remaining canadian goodwill and recognized a $ 1.9 billion impairment . other intangible assets as of december 31 , 2014 , intangible assets associated with customer relationships had a gross carrying amount of $ 569 million and $ 36 million of accumulated amortization . the weighted-average amortization period for the customer relationships is 13.7 years . amortization expense for intangibles was approximately $ 36 million for the year ended december 31 , 2014 . other intangible assets are reported in other long-term assets in the accompanying consolidated balance sheets . the following table summarizes the estimated aggregate amortization expense for the next five years . year amortization amount ( in millions ) . <table class='wikitable'><tr><td>1</td><td>year</td><td>amortization amount ( in millions )</td></tr><tr><td>2</td><td>2015</td><td>$ 45</td></tr><tr><td>3</td><td>2016</td><td>$ 45</td></tr><tr><td>4</td><td>2017</td><td>$ 45</td></tr><tr><td>5</td><td>2018</td><td>$ 45</td></tr><tr><td>6</td><td>2019</td><td>$ 44</td></tr></table> . Conversations: q0: how much does the total of intangibles represent in relation to the total amortization in 2014? {answer0} Question: and how much is that in percentage? Answer:
80.0
1
414
convfinqa1466
In the context of this series of interconnected finance-related queries and the additional information provided by the pretext, table data, and posttext from a company's financial filings, please provide a response to the final question. This may require extracting information from the context and performing mathematical calculations. Please take into account the information provided in the preceding questions and their answers when formulating your response: Context: impairment the following table presents net unrealized losses on securities available for sale as of december 31: . <table class='wikitable'><tr><td>1</td><td>( in millions )</td><td>2011</td><td>2010</td></tr><tr><td>2</td><td>fair value</td><td>$ 99832</td><td>$ 81881</td></tr><tr><td>3</td><td>amortized cost</td><td>100013</td><td>82329</td></tr><tr><td>4</td><td>net unrealized loss pre-tax</td><td>$ -181 ( 181 )</td><td>$ -448 ( 448 )</td></tr><tr><td>5</td><td>net unrealized loss after-tax</td><td>$ -113 ( 113 )</td><td>$ -270 ( 270 )</td></tr></table> the net unrealized amounts presented above excluded the remaining net unrealized losses related to reclassifications of securities available for sale to securities held to maturity . these unrealized losses related to reclassifications totaled $ 303 million , or $ 189 million after-tax , and $ 523 million , or $ 317 million after-tax , as of december 31 , 2011 and 2010 , respectively , and were recorded in accumulated other comprehensive income , or oci . refer to note 12 to the consolidated financial statements included under item 8 . the decline in these remaining after-tax unrealized losses related to reclassifications from december 31 , 2010 to december 31 , 2011 resulted primarily from amortization . we conduct periodic reviews of individual securities to assess whether other-than-temporary impairment exists . to the extent that other-than-temporary impairment is identified , the impairment is broken into a credit component and a non-credit component . the credit component is recorded in our consolidated statement of income , and the non-credit component is recorded in oci to the extent that we do not intend to sell the security . our assessment of other-than-temporary impairment involves an evaluation , more fully described in note 3 , of economic and security-specific factors . such factors are based on estimates , derived by management , which contemplate current market conditions and security-specific performance . to the extent that market conditions are worse than management 2019s expectations , other-than-temporary impairment could increase , in particular , the credit component that would be recorded in our consolidated statement of income . given the exposure of our investment securities portfolio , particularly mortgage- and asset-backed securities , to residential mortgage and other consumer credit risks , the performance of the u.s . housing market is a significant driver of the portfolio 2019s credit performance . as such , our assessment of other-than-temporary impairment relies to a significant extent on our estimates of trends in national housing prices . generally , indices that measure trends in national housing prices are published in arrears . as of september 30 , 2011 , national housing prices , according to the case-shiller national home price index , had declined by approximately 31.3% ( 31.3 % ) peak-to-current . overall , management 2019s expectation , for purposes of its evaluation of other-than-temporary impairment as of december 31 , 2011 , was that housing prices would decline by approximately 35% ( 35 % ) peak-to-trough . the performance of certain mortgage products and vintages of securities continues to deteriorate . in addition , management continues to believe that housing prices will decline further as indicated above . the combination of these factors has led to an increase in management 2019s overall loss expectations . our investment portfolio continues to be sensitive to management 2019s estimates of future cumulative losses . ultimately , other-than- temporary impairment is based on specific cusip-level detailed analysis of the unique characteristics of each security . in addition , we perform sensitivity analysis across each significant product type within the non-agency u.s . residential mortgage-backed portfolio . we estimate , for example , that other-than-temporary impairment of the investment portfolio could increase by approximately $ 10 million to $ 50 million , if national housing prices were to decline by 37% ( 37 % ) to 39% ( 39 % ) peak-to-trough , compared to management 2019s expectation of 35% ( 35 % ) described above . this sensitivity estimate is based on a number of factors , including , but not limited to , the level of housing prices and the timing of defaults . to the extent that such factors differ substantially from management 2019s current expectations , resulting loss estimates may differ materially from those stated . excluding the securities for which other-than-temporary impairment was recorded in 2011 , management considers the aggregate decline in fair value of the remaining . Conversations: Question: what was the fair value in 2011? Answer:
99832.0
0
415
convfinqa1467
In the context of this series of interconnected finance-related queries and the additional information provided by the pretext, table data, and posttext from a company's financial filings, please provide a response to the final question. This may require extracting information from the context and performing mathematical calculations. Please take into account the information provided in the preceding questions and their answers when formulating your response: Context: impairment the following table presents net unrealized losses on securities available for sale as of december 31: . <table class='wikitable'><tr><td>1</td><td>( in millions )</td><td>2011</td><td>2010</td></tr><tr><td>2</td><td>fair value</td><td>$ 99832</td><td>$ 81881</td></tr><tr><td>3</td><td>amortized cost</td><td>100013</td><td>82329</td></tr><tr><td>4</td><td>net unrealized loss pre-tax</td><td>$ -181 ( 181 )</td><td>$ -448 ( 448 )</td></tr><tr><td>5</td><td>net unrealized loss after-tax</td><td>$ -113 ( 113 )</td><td>$ -270 ( 270 )</td></tr></table> the net unrealized amounts presented above excluded the remaining net unrealized losses related to reclassifications of securities available for sale to securities held to maturity . these unrealized losses related to reclassifications totaled $ 303 million , or $ 189 million after-tax , and $ 523 million , or $ 317 million after-tax , as of december 31 , 2011 and 2010 , respectively , and were recorded in accumulated other comprehensive income , or oci . refer to note 12 to the consolidated financial statements included under item 8 . the decline in these remaining after-tax unrealized losses related to reclassifications from december 31 , 2010 to december 31 , 2011 resulted primarily from amortization . we conduct periodic reviews of individual securities to assess whether other-than-temporary impairment exists . to the extent that other-than-temporary impairment is identified , the impairment is broken into a credit component and a non-credit component . the credit component is recorded in our consolidated statement of income , and the non-credit component is recorded in oci to the extent that we do not intend to sell the security . our assessment of other-than-temporary impairment involves an evaluation , more fully described in note 3 , of economic and security-specific factors . such factors are based on estimates , derived by management , which contemplate current market conditions and security-specific performance . to the extent that market conditions are worse than management 2019s expectations , other-than-temporary impairment could increase , in particular , the credit component that would be recorded in our consolidated statement of income . given the exposure of our investment securities portfolio , particularly mortgage- and asset-backed securities , to residential mortgage and other consumer credit risks , the performance of the u.s . housing market is a significant driver of the portfolio 2019s credit performance . as such , our assessment of other-than-temporary impairment relies to a significant extent on our estimates of trends in national housing prices . generally , indices that measure trends in national housing prices are published in arrears . as of september 30 , 2011 , national housing prices , according to the case-shiller national home price index , had declined by approximately 31.3% ( 31.3 % ) peak-to-current . overall , management 2019s expectation , for purposes of its evaluation of other-than-temporary impairment as of december 31 , 2011 , was that housing prices would decline by approximately 35% ( 35 % ) peak-to-trough . the performance of certain mortgage products and vintages of securities continues to deteriorate . in addition , management continues to believe that housing prices will decline further as indicated above . the combination of these factors has led to an increase in management 2019s overall loss expectations . our investment portfolio continues to be sensitive to management 2019s estimates of future cumulative losses . ultimately , other-than- temporary impairment is based on specific cusip-level detailed analysis of the unique characteristics of each security . in addition , we perform sensitivity analysis across each significant product type within the non-agency u.s . residential mortgage-backed portfolio . we estimate , for example , that other-than-temporary impairment of the investment portfolio could increase by approximately $ 10 million to $ 50 million , if national housing prices were to decline by 37% ( 37 % ) to 39% ( 39 % ) peak-to-trough , compared to management 2019s expectation of 35% ( 35 % ) described above . this sensitivity estimate is based on a number of factors , including , but not limited to , the level of housing prices and the timing of defaults . to the extent that such factors differ substantially from management 2019s current expectations , resulting loss estimates may differ materially from those stated . excluding the securities for which other-than-temporary impairment was recorded in 2011 , management considers the aggregate decline in fair value of the remaining . Conversations: q0: what was the fair value in 2011? {answer0} Question: what was it in 2010? Answer:
81881.0
1
415
convfinqa1468
In the context of this series of interconnected finance-related queries and the additional information provided by the pretext, table data, and posttext from a company's financial filings, please provide a response to the final question. This may require extracting information from the context and performing mathematical calculations. Please take into account the information provided in the preceding questions and their answers when formulating your response: Context: impairment the following table presents net unrealized losses on securities available for sale as of december 31: . <table class='wikitable'><tr><td>1</td><td>( in millions )</td><td>2011</td><td>2010</td></tr><tr><td>2</td><td>fair value</td><td>$ 99832</td><td>$ 81881</td></tr><tr><td>3</td><td>amortized cost</td><td>100013</td><td>82329</td></tr><tr><td>4</td><td>net unrealized loss pre-tax</td><td>$ -181 ( 181 )</td><td>$ -448 ( 448 )</td></tr><tr><td>5</td><td>net unrealized loss after-tax</td><td>$ -113 ( 113 )</td><td>$ -270 ( 270 )</td></tr></table> the net unrealized amounts presented above excluded the remaining net unrealized losses related to reclassifications of securities available for sale to securities held to maturity . these unrealized losses related to reclassifications totaled $ 303 million , or $ 189 million after-tax , and $ 523 million , or $ 317 million after-tax , as of december 31 , 2011 and 2010 , respectively , and were recorded in accumulated other comprehensive income , or oci . refer to note 12 to the consolidated financial statements included under item 8 . the decline in these remaining after-tax unrealized losses related to reclassifications from december 31 , 2010 to december 31 , 2011 resulted primarily from amortization . we conduct periodic reviews of individual securities to assess whether other-than-temporary impairment exists . to the extent that other-than-temporary impairment is identified , the impairment is broken into a credit component and a non-credit component . the credit component is recorded in our consolidated statement of income , and the non-credit component is recorded in oci to the extent that we do not intend to sell the security . our assessment of other-than-temporary impairment involves an evaluation , more fully described in note 3 , of economic and security-specific factors . such factors are based on estimates , derived by management , which contemplate current market conditions and security-specific performance . to the extent that market conditions are worse than management 2019s expectations , other-than-temporary impairment could increase , in particular , the credit component that would be recorded in our consolidated statement of income . given the exposure of our investment securities portfolio , particularly mortgage- and asset-backed securities , to residential mortgage and other consumer credit risks , the performance of the u.s . housing market is a significant driver of the portfolio 2019s credit performance . as such , our assessment of other-than-temporary impairment relies to a significant extent on our estimates of trends in national housing prices . generally , indices that measure trends in national housing prices are published in arrears . as of september 30 , 2011 , national housing prices , according to the case-shiller national home price index , had declined by approximately 31.3% ( 31.3 % ) peak-to-current . overall , management 2019s expectation , for purposes of its evaluation of other-than-temporary impairment as of december 31 , 2011 , was that housing prices would decline by approximately 35% ( 35 % ) peak-to-trough . the performance of certain mortgage products and vintages of securities continues to deteriorate . in addition , management continues to believe that housing prices will decline further as indicated above . the combination of these factors has led to an increase in management 2019s overall loss expectations . our investment portfolio continues to be sensitive to management 2019s estimates of future cumulative losses . ultimately , other-than- temporary impairment is based on specific cusip-level detailed analysis of the unique characteristics of each security . in addition , we perform sensitivity analysis across each significant product type within the non-agency u.s . residential mortgage-backed portfolio . we estimate , for example , that other-than-temporary impairment of the investment portfolio could increase by approximately $ 10 million to $ 50 million , if national housing prices were to decline by 37% ( 37 % ) to 39% ( 39 % ) peak-to-trough , compared to management 2019s expectation of 35% ( 35 % ) described above . this sensitivity estimate is based on a number of factors , including , but not limited to , the level of housing prices and the timing of defaults . to the extent that such factors differ substantially from management 2019s current expectations , resulting loss estimates may differ materially from those stated . excluding the securities for which other-than-temporary impairment was recorded in 2011 , management considers the aggregate decline in fair value of the remaining . Conversations: q0: what was the fair value in 2011? {answer0} q1: what was it in 2010? {answer1} Question: what is the net change? Answer:
17951.0
2
415
convfinqa1469
In the context of this series of interconnected finance-related queries and the additional information provided by the pretext, table data, and posttext from a company's financial filings, please provide a response to the final question. This may require extracting information from the context and performing mathematical calculations. Please take into account the information provided in the preceding questions and their answers when formulating your response: Context: impairment the following table presents net unrealized losses on securities available for sale as of december 31: . <table class='wikitable'><tr><td>1</td><td>( in millions )</td><td>2011</td><td>2010</td></tr><tr><td>2</td><td>fair value</td><td>$ 99832</td><td>$ 81881</td></tr><tr><td>3</td><td>amortized cost</td><td>100013</td><td>82329</td></tr><tr><td>4</td><td>net unrealized loss pre-tax</td><td>$ -181 ( 181 )</td><td>$ -448 ( 448 )</td></tr><tr><td>5</td><td>net unrealized loss after-tax</td><td>$ -113 ( 113 )</td><td>$ -270 ( 270 )</td></tr></table> the net unrealized amounts presented above excluded the remaining net unrealized losses related to reclassifications of securities available for sale to securities held to maturity . these unrealized losses related to reclassifications totaled $ 303 million , or $ 189 million after-tax , and $ 523 million , or $ 317 million after-tax , as of december 31 , 2011 and 2010 , respectively , and were recorded in accumulated other comprehensive income , or oci . refer to note 12 to the consolidated financial statements included under item 8 . the decline in these remaining after-tax unrealized losses related to reclassifications from december 31 , 2010 to december 31 , 2011 resulted primarily from amortization . we conduct periodic reviews of individual securities to assess whether other-than-temporary impairment exists . to the extent that other-than-temporary impairment is identified , the impairment is broken into a credit component and a non-credit component . the credit component is recorded in our consolidated statement of income , and the non-credit component is recorded in oci to the extent that we do not intend to sell the security . our assessment of other-than-temporary impairment involves an evaluation , more fully described in note 3 , of economic and security-specific factors . such factors are based on estimates , derived by management , which contemplate current market conditions and security-specific performance . to the extent that market conditions are worse than management 2019s expectations , other-than-temporary impairment could increase , in particular , the credit component that would be recorded in our consolidated statement of income . given the exposure of our investment securities portfolio , particularly mortgage- and asset-backed securities , to residential mortgage and other consumer credit risks , the performance of the u.s . housing market is a significant driver of the portfolio 2019s credit performance . as such , our assessment of other-than-temporary impairment relies to a significant extent on our estimates of trends in national housing prices . generally , indices that measure trends in national housing prices are published in arrears . as of september 30 , 2011 , national housing prices , according to the case-shiller national home price index , had declined by approximately 31.3% ( 31.3 % ) peak-to-current . overall , management 2019s expectation , for purposes of its evaluation of other-than-temporary impairment as of december 31 , 2011 , was that housing prices would decline by approximately 35% ( 35 % ) peak-to-trough . the performance of certain mortgage products and vintages of securities continues to deteriorate . in addition , management continues to believe that housing prices will decline further as indicated above . the combination of these factors has led to an increase in management 2019s overall loss expectations . our investment portfolio continues to be sensitive to management 2019s estimates of future cumulative losses . ultimately , other-than- temporary impairment is based on specific cusip-level detailed analysis of the unique characteristics of each security . in addition , we perform sensitivity analysis across each significant product type within the non-agency u.s . residential mortgage-backed portfolio . we estimate , for example , that other-than-temporary impairment of the investment portfolio could increase by approximately $ 10 million to $ 50 million , if national housing prices were to decline by 37% ( 37 % ) to 39% ( 39 % ) peak-to-trough , compared to management 2019s expectation of 35% ( 35 % ) described above . this sensitivity estimate is based on a number of factors , including , but not limited to , the level of housing prices and the timing of defaults . to the extent that such factors differ substantially from management 2019s current expectations , resulting loss estimates may differ materially from those stated . excluding the securities for which other-than-temporary impairment was recorded in 2011 , management considers the aggregate decline in fair value of the remaining . Conversations: q0: what was the fair value in 2011? {answer0} q1: what was it in 2010? {answer1} q2: what is the net change? {answer2} Question: what is the net change over the 2010 value? Answer:
0.21923
3
415
convfinqa1470
In the context of this series of interconnected finance-related queries and the additional information provided by the pretext, table data, and posttext from a company's financial filings, please provide a response to the final question. This may require extracting information from the context and performing mathematical calculations. Please take into account the information provided in the preceding questions and their answers when formulating your response: Context: used to refinance certain indebtedness which matured in the fourth quarter of 2014 . interest is payable semi-annually in arrears on march 18 and september 18 of each year , or approximately $ 35 million per year . the 2024 notes may be redeemed prior to maturity at any time in whole or in part at the option of the company at a 201cmake-whole 201d redemption price . the unamortized discount and debt issuance costs are being amortized over the remaining term of the 2024 notes . 2022 notes . in may 2012 , the company issued $ 1.5 billion in aggregate principal amount of unsecured unsubordinated obligations . these notes were issued as two separate series of senior debt securities , including $ 750 million of 1.375% ( 1.375 % ) notes , which were repaid in june 2015 at maturity , and $ 750 million of 3.375% ( 3.375 % ) notes maturing in june 2022 ( the 201c2022 notes 201d ) . net proceeds were used to fund the repurchase of blackrock 2019s common stock and series b preferred from barclays and affiliates and for general corporate purposes . interest on the 2022 notes of approximately $ 25 million per year is payable semi-annually on june 1 and december 1 of each year . the 2022 notes may be redeemed prior to maturity at any time in whole or in part at the option of the company at a 201cmake-whole 201d redemption price . the 201cmake-whole 201d redemption price represents a price , subject to the specific terms of the 2022 notes and related indenture , that is the greater of ( a ) par value and ( b ) the present value of future payments that will not be paid because of an early redemption , which is discounted at a fixed spread over a comparable treasury security . the unamortized discount and debt issuance costs are being amortized over the remaining term of the 2022 notes . 2021 notes . in may 2011 , the company issued $ 1.5 billion in aggregate principal amount of unsecured unsubordinated obligations . these notes were issued as two separate series of senior debt securities , including $ 750 million of 4.25% ( 4.25 % ) notes maturing in may 2021 and $ 750 million of floating rate notes , which were repaid in may 2013 at maturity . net proceeds of this offering were used to fund the repurchase of blackrock 2019s series b preferred from affiliates of merrill lynch & co. , inc . interest on the 4.25% ( 4.25 % ) notes due in 2021 ( 201c2021 notes 201d ) is payable semi-annually on may 24 and november 24 of each year , and is approximately $ 32 million per year . the 2021 notes may be redeemed prior to maturity at any time in whole or in part at the option of the company at a 201cmake-whole 201d redemption price . the unamortized discount and debt issuance costs are being amortized over the remaining term of the 2021 notes . 2019 notes . in december 2009 , the company issued $ 2.5 billion in aggregate principal amount of unsecured and unsubordinated obligations . these notes were issued as three separate series of senior debt securities including $ 0.5 billion of 2.25% ( 2.25 % ) notes , which were repaid in december 2012 , $ 1.0 billion of 3.50% ( 3.50 % ) notes , which were repaid in december 2014 at maturity , and $ 1.0 billion of 5.0% ( 5.0 % ) notes maturing in december 2019 ( the 201c2019 notes 201d ) . net proceeds of this offering were used to repay borrowings under the cp program , which was used to finance a portion of the acquisition of barclays global investors from barclays on december 1 , 2009 , and for general corporate purposes . interest on the 2019 notes of approximately $ 50 million per year is payable semi-annually in arrears on june 10 and december 10 of each year . these notes may be redeemed prior to maturity at any time in whole or in part at the option of the company at a 201cmake-whole 201d redemption price . the unamortized discount and debt issuance costs are being amortized over the remaining term of the 2019 notes . 13 . commitments and contingencies operating lease commitments the company leases its primary office spaces under agreements that expire through 2043 . future minimum commitments under these operating leases are as follows : ( in millions ) . <table class='wikitable'><tr><td>1</td><td>year</td><td>amount</td></tr><tr><td>2</td><td>2018</td><td>141</td></tr><tr><td>3</td><td>2019</td><td>132</td></tr><tr><td>4</td><td>2020</td><td>126</td></tr><tr><td>5</td><td>2021</td><td>118</td></tr><tr><td>6</td><td>2022</td><td>109</td></tr><tr><td>7</td><td>thereafter</td><td>1580</td></tr><tr><td>8</td><td>total</td><td>$ 2206</td></tr></table> in may 2017 , the company entered into an agreement with 50 hymc owner llc , for the lease of approximately 847000 square feet of office space located at 50 hudson yards , new york , new york . the term of the lease is twenty years from the date that rental payments begin , expected to occur in may 2023 , with the option to renew for a specified term . the lease requires annual base rental payments of approximately $ 51 million per year during the first five years of the lease term , increasing every five years to $ 58 million , $ 66 million and $ 74 million per year ( or approximately $ 1.2 billion in base rent over its twenty-year term ) . this lease is classified as an operating lease and , as such , is not recorded as a liability on the consolidated statements of financial condition . rent expense and certain office equipment expense under lease agreements amounted to $ 132 million , $ 134 million and $ 136 million in 2017 , 2016 and 2015 , respectively . investment commitments . at december 31 , 2017 , the company had $ 298 million of various capital commitments to fund sponsored investment funds , including consolidated vies . these funds include private equity funds , real assets funds , and opportunistic funds . this amount excludes additional commitments made by consolidated funds of funds to underlying third-party funds as third-party noncontrolling interest holders have the legal obligation to fund the respective commitments of such funds of funds . generally , the timing of the funding of these commitments is unknown and the commitments are callable on demand at any time prior to the expiration of the commitment . these unfunded commitments are not recorded on the consolidated statements of financial condition . these commitments do not include potential future commitments approved by the company that are not yet legally binding . the company intends to make additional capital commitments from time to time to fund additional investment products for , and with , its clients . contingencies contingent payments related to business acquisitions . in connection with certain acquisitions , blackrock is required to make contingent payments , subject to achieving specified performance targets , which may include revenue related to acquired contracts or new capital commitments for certain products . the fair value of the remaining aggregate contingent payments at december 31 , 2017 totaled $ 236 million , including $ 128 million related to the first reserve transaction , and is included in other liabilities on the consolidated statements of financial condition. . Conversations: Question: what was the difference in rent payment after 10 years compared to after five years? Answer:
8.0
0
416
convfinqa1471
In the context of this series of interconnected finance-related queries and the additional information provided by the pretext, table data, and posttext from a company's financial filings, please provide a response to the final question. This may require extracting information from the context and performing mathematical calculations. Please take into account the information provided in the preceding questions and their answers when formulating your response: Context: used to refinance certain indebtedness which matured in the fourth quarter of 2014 . interest is payable semi-annually in arrears on march 18 and september 18 of each year , or approximately $ 35 million per year . the 2024 notes may be redeemed prior to maturity at any time in whole or in part at the option of the company at a 201cmake-whole 201d redemption price . the unamortized discount and debt issuance costs are being amortized over the remaining term of the 2024 notes . 2022 notes . in may 2012 , the company issued $ 1.5 billion in aggregate principal amount of unsecured unsubordinated obligations . these notes were issued as two separate series of senior debt securities , including $ 750 million of 1.375% ( 1.375 % ) notes , which were repaid in june 2015 at maturity , and $ 750 million of 3.375% ( 3.375 % ) notes maturing in june 2022 ( the 201c2022 notes 201d ) . net proceeds were used to fund the repurchase of blackrock 2019s common stock and series b preferred from barclays and affiliates and for general corporate purposes . interest on the 2022 notes of approximately $ 25 million per year is payable semi-annually on june 1 and december 1 of each year . the 2022 notes may be redeemed prior to maturity at any time in whole or in part at the option of the company at a 201cmake-whole 201d redemption price . the 201cmake-whole 201d redemption price represents a price , subject to the specific terms of the 2022 notes and related indenture , that is the greater of ( a ) par value and ( b ) the present value of future payments that will not be paid because of an early redemption , which is discounted at a fixed spread over a comparable treasury security . the unamortized discount and debt issuance costs are being amortized over the remaining term of the 2022 notes . 2021 notes . in may 2011 , the company issued $ 1.5 billion in aggregate principal amount of unsecured unsubordinated obligations . these notes were issued as two separate series of senior debt securities , including $ 750 million of 4.25% ( 4.25 % ) notes maturing in may 2021 and $ 750 million of floating rate notes , which were repaid in may 2013 at maturity . net proceeds of this offering were used to fund the repurchase of blackrock 2019s series b preferred from affiliates of merrill lynch & co. , inc . interest on the 4.25% ( 4.25 % ) notes due in 2021 ( 201c2021 notes 201d ) is payable semi-annually on may 24 and november 24 of each year , and is approximately $ 32 million per year . the 2021 notes may be redeemed prior to maturity at any time in whole or in part at the option of the company at a 201cmake-whole 201d redemption price . the unamortized discount and debt issuance costs are being amortized over the remaining term of the 2021 notes . 2019 notes . in december 2009 , the company issued $ 2.5 billion in aggregate principal amount of unsecured and unsubordinated obligations . these notes were issued as three separate series of senior debt securities including $ 0.5 billion of 2.25% ( 2.25 % ) notes , which were repaid in december 2012 , $ 1.0 billion of 3.50% ( 3.50 % ) notes , which were repaid in december 2014 at maturity , and $ 1.0 billion of 5.0% ( 5.0 % ) notes maturing in december 2019 ( the 201c2019 notes 201d ) . net proceeds of this offering were used to repay borrowings under the cp program , which was used to finance a portion of the acquisition of barclays global investors from barclays on december 1 , 2009 , and for general corporate purposes . interest on the 2019 notes of approximately $ 50 million per year is payable semi-annually in arrears on june 10 and december 10 of each year . these notes may be redeemed prior to maturity at any time in whole or in part at the option of the company at a 201cmake-whole 201d redemption price . the unamortized discount and debt issuance costs are being amortized over the remaining term of the 2019 notes . 13 . commitments and contingencies operating lease commitments the company leases its primary office spaces under agreements that expire through 2043 . future minimum commitments under these operating leases are as follows : ( in millions ) . <table class='wikitable'><tr><td>1</td><td>year</td><td>amount</td></tr><tr><td>2</td><td>2018</td><td>141</td></tr><tr><td>3</td><td>2019</td><td>132</td></tr><tr><td>4</td><td>2020</td><td>126</td></tr><tr><td>5</td><td>2021</td><td>118</td></tr><tr><td>6</td><td>2022</td><td>109</td></tr><tr><td>7</td><td>thereafter</td><td>1580</td></tr><tr><td>8</td><td>total</td><td>$ 2206</td></tr></table> in may 2017 , the company entered into an agreement with 50 hymc owner llc , for the lease of approximately 847000 square feet of office space located at 50 hudson yards , new york , new york . the term of the lease is twenty years from the date that rental payments begin , expected to occur in may 2023 , with the option to renew for a specified term . the lease requires annual base rental payments of approximately $ 51 million per year during the first five years of the lease term , increasing every five years to $ 58 million , $ 66 million and $ 74 million per year ( or approximately $ 1.2 billion in base rent over its twenty-year term ) . this lease is classified as an operating lease and , as such , is not recorded as a liability on the consolidated statements of financial condition . rent expense and certain office equipment expense under lease agreements amounted to $ 132 million , $ 134 million and $ 136 million in 2017 , 2016 and 2015 , respectively . investment commitments . at december 31 , 2017 , the company had $ 298 million of various capital commitments to fund sponsored investment funds , including consolidated vies . these funds include private equity funds , real assets funds , and opportunistic funds . this amount excludes additional commitments made by consolidated funds of funds to underlying third-party funds as third-party noncontrolling interest holders have the legal obligation to fund the respective commitments of such funds of funds . generally , the timing of the funding of these commitments is unknown and the commitments are callable on demand at any time prior to the expiration of the commitment . these unfunded commitments are not recorded on the consolidated statements of financial condition . these commitments do not include potential future commitments approved by the company that are not yet legally binding . the company intends to make additional capital commitments from time to time to fund additional investment products for , and with , its clients . contingencies contingent payments related to business acquisitions . in connection with certain acquisitions , blackrock is required to make contingent payments , subject to achieving specified performance targets , which may include revenue related to acquired contracts or new capital commitments for certain products . the fair value of the remaining aggregate contingent payments at december 31 , 2017 totaled $ 236 million , including $ 128 million related to the first reserve transaction , and is included in other liabilities on the consolidated statements of financial condition. . Conversations: q0: what was the difference in rent payment after 10 years compared to after five years? {answer0} Question: and the specific rent value after five years? Answer:
58.0
1
416
convfinqa1472
In the context of this series of interconnected finance-related queries and the additional information provided by the pretext, table data, and posttext from a company's financial filings, please provide a response to the final question. This may require extracting information from the context and performing mathematical calculations. Please take into account the information provided in the preceding questions and their answers when formulating your response: Context: used to refinance certain indebtedness which matured in the fourth quarter of 2014 . interest is payable semi-annually in arrears on march 18 and september 18 of each year , or approximately $ 35 million per year . the 2024 notes may be redeemed prior to maturity at any time in whole or in part at the option of the company at a 201cmake-whole 201d redemption price . the unamortized discount and debt issuance costs are being amortized over the remaining term of the 2024 notes . 2022 notes . in may 2012 , the company issued $ 1.5 billion in aggregate principal amount of unsecured unsubordinated obligations . these notes were issued as two separate series of senior debt securities , including $ 750 million of 1.375% ( 1.375 % ) notes , which were repaid in june 2015 at maturity , and $ 750 million of 3.375% ( 3.375 % ) notes maturing in june 2022 ( the 201c2022 notes 201d ) . net proceeds were used to fund the repurchase of blackrock 2019s common stock and series b preferred from barclays and affiliates and for general corporate purposes . interest on the 2022 notes of approximately $ 25 million per year is payable semi-annually on june 1 and december 1 of each year . the 2022 notes may be redeemed prior to maturity at any time in whole or in part at the option of the company at a 201cmake-whole 201d redemption price . the 201cmake-whole 201d redemption price represents a price , subject to the specific terms of the 2022 notes and related indenture , that is the greater of ( a ) par value and ( b ) the present value of future payments that will not be paid because of an early redemption , which is discounted at a fixed spread over a comparable treasury security . the unamortized discount and debt issuance costs are being amortized over the remaining term of the 2022 notes . 2021 notes . in may 2011 , the company issued $ 1.5 billion in aggregate principal amount of unsecured unsubordinated obligations . these notes were issued as two separate series of senior debt securities , including $ 750 million of 4.25% ( 4.25 % ) notes maturing in may 2021 and $ 750 million of floating rate notes , which were repaid in may 2013 at maturity . net proceeds of this offering were used to fund the repurchase of blackrock 2019s series b preferred from affiliates of merrill lynch & co. , inc . interest on the 4.25% ( 4.25 % ) notes due in 2021 ( 201c2021 notes 201d ) is payable semi-annually on may 24 and november 24 of each year , and is approximately $ 32 million per year . the 2021 notes may be redeemed prior to maturity at any time in whole or in part at the option of the company at a 201cmake-whole 201d redemption price . the unamortized discount and debt issuance costs are being amortized over the remaining term of the 2021 notes . 2019 notes . in december 2009 , the company issued $ 2.5 billion in aggregate principal amount of unsecured and unsubordinated obligations . these notes were issued as three separate series of senior debt securities including $ 0.5 billion of 2.25% ( 2.25 % ) notes , which were repaid in december 2012 , $ 1.0 billion of 3.50% ( 3.50 % ) notes , which were repaid in december 2014 at maturity , and $ 1.0 billion of 5.0% ( 5.0 % ) notes maturing in december 2019 ( the 201c2019 notes 201d ) . net proceeds of this offering were used to repay borrowings under the cp program , which was used to finance a portion of the acquisition of barclays global investors from barclays on december 1 , 2009 , and for general corporate purposes . interest on the 2019 notes of approximately $ 50 million per year is payable semi-annually in arrears on june 10 and december 10 of each year . these notes may be redeemed prior to maturity at any time in whole or in part at the option of the company at a 201cmake-whole 201d redemption price . the unamortized discount and debt issuance costs are being amortized over the remaining term of the 2019 notes . 13 . commitments and contingencies operating lease commitments the company leases its primary office spaces under agreements that expire through 2043 . future minimum commitments under these operating leases are as follows : ( in millions ) . <table class='wikitable'><tr><td>1</td><td>year</td><td>amount</td></tr><tr><td>2</td><td>2018</td><td>141</td></tr><tr><td>3</td><td>2019</td><td>132</td></tr><tr><td>4</td><td>2020</td><td>126</td></tr><tr><td>5</td><td>2021</td><td>118</td></tr><tr><td>6</td><td>2022</td><td>109</td></tr><tr><td>7</td><td>thereafter</td><td>1580</td></tr><tr><td>8</td><td>total</td><td>$ 2206</td></tr></table> in may 2017 , the company entered into an agreement with 50 hymc owner llc , for the lease of approximately 847000 square feet of office space located at 50 hudson yards , new york , new york . the term of the lease is twenty years from the date that rental payments begin , expected to occur in may 2023 , with the option to renew for a specified term . the lease requires annual base rental payments of approximately $ 51 million per year during the first five years of the lease term , increasing every five years to $ 58 million , $ 66 million and $ 74 million per year ( or approximately $ 1.2 billion in base rent over its twenty-year term ) . this lease is classified as an operating lease and , as such , is not recorded as a liability on the consolidated statements of financial condition . rent expense and certain office equipment expense under lease agreements amounted to $ 132 million , $ 134 million and $ 136 million in 2017 , 2016 and 2015 , respectively . investment commitments . at december 31 , 2017 , the company had $ 298 million of various capital commitments to fund sponsored investment funds , including consolidated vies . these funds include private equity funds , real assets funds , and opportunistic funds . this amount excludes additional commitments made by consolidated funds of funds to underlying third-party funds as third-party noncontrolling interest holders have the legal obligation to fund the respective commitments of such funds of funds . generally , the timing of the funding of these commitments is unknown and the commitments are callable on demand at any time prior to the expiration of the commitment . these unfunded commitments are not recorded on the consolidated statements of financial condition . these commitments do not include potential future commitments approved by the company that are not yet legally binding . the company intends to make additional capital commitments from time to time to fund additional investment products for , and with , its clients . contingencies contingent payments related to business acquisitions . in connection with certain acquisitions , blackrock is required to make contingent payments , subject to achieving specified performance targets , which may include revenue related to acquired contracts or new capital commitments for certain products . the fair value of the remaining aggregate contingent payments at december 31 , 2017 totaled $ 236 million , including $ 128 million related to the first reserve transaction , and is included in other liabilities on the consolidated statements of financial condition. . Conversations: q0: what was the difference in rent payment after 10 years compared to after five years? {answer0} q1: and the specific rent value after five years? {answer1} Question: so what would be the growth rate over this time? Answer:
0.13793
2
416
convfinqa1473
In the context of this series of interconnected finance-related queries and the additional information provided by the pretext, table data, and posttext from a company's financial filings, please provide a response to the final question. This may require extracting information from the context and performing mathematical calculations. Please take into account the information provided in the preceding questions and their answers when formulating your response: Context: devon energy corporation and subsidiaries notes to consolidated financial statements 2013 ( continued ) asset divestitures in conjunction with the asset divestitures in 2013 and 2014 , devon removed $ 26 million and $ 706 million of goodwill , respectively , which were allocated to these assets . impairment devon 2019s canadian goodwill was originally recognized in 2001 as a result of a business combination consisting almost entirely of conventional gas assets that devon no longer owns . as a result of performing the goodwill impairment test described in note 1 , devon concluded the implied fair value of its canadian goodwill was zero as of december 31 , 2014 . this conclusion was largely based on the significant decline in benchmark oil prices , particularly after opec 2019s decision not to reduce its production targets that was announced in late november 2014 . consequently , in the fourth quarter of 2014 , devon wrote off its remaining canadian goodwill and recognized a $ 1.9 billion impairment . other intangible assets as of december 31 , 2014 , intangible assets associated with customer relationships had a gross carrying amount of $ 569 million and $ 36 million of accumulated amortization . the weighted-average amortization period for the customer relationships is 13.7 years . amortization expense for intangibles was approximately $ 36 million for the year ended december 31 , 2014 . other intangible assets are reported in other long-term assets in the accompanying consolidated balance sheets . the following table summarizes the estimated aggregate amortization expense for the next five years . year amortization amount ( in millions ) . <table class='wikitable'><tr><td>1</td><td>year</td><td>amortization amount ( in millions )</td></tr><tr><td>2</td><td>2015</td><td>$ 45</td></tr><tr><td>3</td><td>2016</td><td>$ 45</td></tr><tr><td>4</td><td>2017</td><td>$ 45</td></tr><tr><td>5</td><td>2018</td><td>$ 45</td></tr><tr><td>6</td><td>2019</td><td>$ 44</td></tr></table> . Conversations: Question: what was the total amortization amount in the years of 2015 to 2018? Answer:
180.0
0
417
convfinqa1474
In the context of this series of interconnected finance-related queries and the additional information provided by the pretext, table data, and posttext from a company's financial filings, please provide a response to the final question. This may require extracting information from the context and performing mathematical calculations. Please take into account the information provided in the preceding questions and their answers when formulating your response: Context: devon energy corporation and subsidiaries notes to consolidated financial statements 2013 ( continued ) asset divestitures in conjunction with the asset divestitures in 2013 and 2014 , devon removed $ 26 million and $ 706 million of goodwill , respectively , which were allocated to these assets . impairment devon 2019s canadian goodwill was originally recognized in 2001 as a result of a business combination consisting almost entirely of conventional gas assets that devon no longer owns . as a result of performing the goodwill impairment test described in note 1 , devon concluded the implied fair value of its canadian goodwill was zero as of december 31 , 2014 . this conclusion was largely based on the significant decline in benchmark oil prices , particularly after opec 2019s decision not to reduce its production targets that was announced in late november 2014 . consequently , in the fourth quarter of 2014 , devon wrote off its remaining canadian goodwill and recognized a $ 1.9 billion impairment . other intangible assets as of december 31 , 2014 , intangible assets associated with customer relationships had a gross carrying amount of $ 569 million and $ 36 million of accumulated amortization . the weighted-average amortization period for the customer relationships is 13.7 years . amortization expense for intangibles was approximately $ 36 million for the year ended december 31 , 2014 . other intangible assets are reported in other long-term assets in the accompanying consolidated balance sheets . the following table summarizes the estimated aggregate amortization expense for the next five years . year amortization amount ( in millions ) . <table class='wikitable'><tr><td>1</td><td>year</td><td>amortization amount ( in millions )</td></tr><tr><td>2</td><td>2015</td><td>$ 45</td></tr><tr><td>3</td><td>2016</td><td>$ 45</td></tr><tr><td>4</td><td>2017</td><td>$ 45</td></tr><tr><td>5</td><td>2018</td><td>$ 45</td></tr><tr><td>6</td><td>2019</td><td>$ 44</td></tr></table> . Conversations: q0: what was the total amortization amount in the years of 2015 to 2018? {answer0} Question: including 2019, what becomes this total? Answer:
224.0
1
417
convfinqa1475
In the context of this series of interconnected finance-related queries and the additional information provided by the pretext, table data, and posttext from a company's financial filings, please provide a response to the final question. This may require extracting information from the context and performing mathematical calculations. Please take into account the information provided in the preceding questions and their answers when formulating your response: Context: devon energy corporation and subsidiaries notes to consolidated financial statements 2013 ( continued ) asset divestitures in conjunction with the asset divestitures in 2013 and 2014 , devon removed $ 26 million and $ 706 million of goodwill , respectively , which were allocated to these assets . impairment devon 2019s canadian goodwill was originally recognized in 2001 as a result of a business combination consisting almost entirely of conventional gas assets that devon no longer owns . as a result of performing the goodwill impairment test described in note 1 , devon concluded the implied fair value of its canadian goodwill was zero as of december 31 , 2014 . this conclusion was largely based on the significant decline in benchmark oil prices , particularly after opec 2019s decision not to reduce its production targets that was announced in late november 2014 . consequently , in the fourth quarter of 2014 , devon wrote off its remaining canadian goodwill and recognized a $ 1.9 billion impairment . other intangible assets as of december 31 , 2014 , intangible assets associated with customer relationships had a gross carrying amount of $ 569 million and $ 36 million of accumulated amortization . the weighted-average amortization period for the customer relationships is 13.7 years . amortization expense for intangibles was approximately $ 36 million for the year ended december 31 , 2014 . other intangible assets are reported in other long-term assets in the accompanying consolidated balance sheets . the following table summarizes the estimated aggregate amortization expense for the next five years . year amortization amount ( in millions ) . <table class='wikitable'><tr><td>1</td><td>year</td><td>amortization amount ( in millions )</td></tr><tr><td>2</td><td>2015</td><td>$ 45</td></tr><tr><td>3</td><td>2016</td><td>$ 45</td></tr><tr><td>4</td><td>2017</td><td>$ 45</td></tr><tr><td>5</td><td>2018</td><td>$ 45</td></tr><tr><td>6</td><td>2019</td><td>$ 44</td></tr></table> . Conversations: q0: what was the total amortization amount in the years of 2015 to 2018? {answer0} q1: including 2019, what becomes this total? {answer1} Question: and what was the average amount between those five years? Answer:
44.8
2
417
convfinqa1476
In the context of this series of interconnected finance-related queries and the additional information provided by the pretext, table data, and posttext from a company's financial filings, please provide a response to the final question. This may require extracting information from the context and performing mathematical calculations. Please take into account the information provided in the preceding questions and their answers when formulating your response: Context: devon energy corporation and subsidiaries notes to consolidated financial statements 2013 ( continued ) asset divestitures in conjunction with the asset divestitures in 2013 and 2014 , devon removed $ 26 million and $ 706 million of goodwill , respectively , which were allocated to these assets . impairment devon 2019s canadian goodwill was originally recognized in 2001 as a result of a business combination consisting almost entirely of conventional gas assets that devon no longer owns . as a result of performing the goodwill impairment test described in note 1 , devon concluded the implied fair value of its canadian goodwill was zero as of december 31 , 2014 . this conclusion was largely based on the significant decline in benchmark oil prices , particularly after opec 2019s decision not to reduce its production targets that was announced in late november 2014 . consequently , in the fourth quarter of 2014 , devon wrote off its remaining canadian goodwill and recognized a $ 1.9 billion impairment . other intangible assets as of december 31 , 2014 , intangible assets associated with customer relationships had a gross carrying amount of $ 569 million and $ 36 million of accumulated amortization . the weighted-average amortization period for the customer relationships is 13.7 years . amortization expense for intangibles was approximately $ 36 million for the year ended december 31 , 2014 . other intangible assets are reported in other long-term assets in the accompanying consolidated balance sheets . the following table summarizes the estimated aggregate amortization expense for the next five years . year amortization amount ( in millions ) . <table class='wikitable'><tr><td>1</td><td>year</td><td>amortization amount ( in millions )</td></tr><tr><td>2</td><td>2015</td><td>$ 45</td></tr><tr><td>3</td><td>2016</td><td>$ 45</td></tr><tr><td>4</td><td>2017</td><td>$ 45</td></tr><tr><td>5</td><td>2018</td><td>$ 45</td></tr><tr><td>6</td><td>2019</td><td>$ 44</td></tr></table> . Conversations: q0: what was the total amortization amount in the years of 2015 to 2018? {answer0} q1: including 2019, what becomes this total? {answer1} q2: and what was the average amount between those five years? {answer2} Question: and in the first year of that period, how much was the amortization expense for intangibles of the previous year as a portion of that amortization amount? Answer:
0.8
3
417
convfinqa1477
In the context of this series of interconnected finance-related queries and the additional information provided by the pretext, table data, and posttext from a company's financial filings, please provide a response to the final question. This may require extracting information from the context and performing mathematical calculations. Please take into account the information provided in the preceding questions and their answers when formulating your response: Context: devon energy corporation and subsidiaries notes to consolidated financial statements 2013 ( continued ) asset divestitures in conjunction with the asset divestitures in 2013 and 2014 , devon removed $ 26 million and $ 706 million of goodwill , respectively , which were allocated to these assets . impairment devon 2019s canadian goodwill was originally recognized in 2001 as a result of a business combination consisting almost entirely of conventional gas assets that devon no longer owns . as a result of performing the goodwill impairment test described in note 1 , devon concluded the implied fair value of its canadian goodwill was zero as of december 31 , 2014 . this conclusion was largely based on the significant decline in benchmark oil prices , particularly after opec 2019s decision not to reduce its production targets that was announced in late november 2014 . consequently , in the fourth quarter of 2014 , devon wrote off its remaining canadian goodwill and recognized a $ 1.9 billion impairment . other intangible assets as of december 31 , 2014 , intangible assets associated with customer relationships had a gross carrying amount of $ 569 million and $ 36 million of accumulated amortization . the weighted-average amortization period for the customer relationships is 13.7 years . amortization expense for intangibles was approximately $ 36 million for the year ended december 31 , 2014 . other intangible assets are reported in other long-term assets in the accompanying consolidated balance sheets . the following table summarizes the estimated aggregate amortization expense for the next five years . year amortization amount ( in millions ) . <table class='wikitable'><tr><td>1</td><td>year</td><td>amortization amount ( in millions )</td></tr><tr><td>2</td><td>2015</td><td>$ 45</td></tr><tr><td>3</td><td>2016</td><td>$ 45</td></tr><tr><td>4</td><td>2017</td><td>$ 45</td></tr><tr><td>5</td><td>2018</td><td>$ 45</td></tr><tr><td>6</td><td>2019</td><td>$ 44</td></tr></table> . Conversations: q0: what was the total amortization amount in the years of 2015 to 2018? {answer0} q1: including 2019, what becomes this total? {answer1} q2: and what was the average amount between those five years? {answer2} q3: and in the first year of that period, how much was the amortization expense for intangibles of the previous year as a portion of that amortization amount? {answer3} Question: what is that in percentage? Answer:
80.0
4
417
convfinqa1478
In the context of this series of interconnected finance-related queries and the additional information provided by the pretext, table data, and posttext from a company's financial filings, please provide a response to the final question. This may require extracting information from the context and performing mathematical calculations. Please take into account the information provided in the preceding questions and their answers when formulating your response: Context: entergy texas , inc . management's financial discussion and analysis fuel and purchased power expenses increased primarily due to an increase in power purchases as a result of the purchased power agreements between entergy gulf states louisiana and entergy texas and an increase in the average market prices of purchased power and natural gas , substantially offset by a decrease in deferred fuel expense as a result of decreased recovery from customers of fuel costs . other regulatory charges increased primarily due to an increase of $ 6.9 million in the recovery of bond expenses related to the securitization bonds . the recovery became effective july 2007 . see note 5 to the financial statements for additional information regarding the securitization bonds . 2007 compared to 2006 net revenue consists of operating revenues net of : 1 ) fuel , fuel-related expenses , and gas purchased for resale , 2 ) purchased power expenses , and 3 ) other regulatory charges . following is an analysis of the change in net revenue comparing 2007 to 2006 . amount ( in millions ) . <table class='wikitable'><tr><td>1</td><td></td><td>amount ( in millions )</td></tr><tr><td>2</td><td>2006 net revenue</td><td>$ 403.3</td></tr><tr><td>3</td><td>purchased power capacity</td><td>13.1</td></tr><tr><td>4</td><td>securitization transition charge</td><td>9.9</td></tr><tr><td>5</td><td>volume/weather</td><td>9.7</td></tr><tr><td>6</td><td>transmission revenue</td><td>6.1</td></tr><tr><td>7</td><td>base revenue</td><td>2.6</td></tr><tr><td>8</td><td>other</td><td>-2.4 ( 2.4 )</td></tr><tr><td>9</td><td>2007 net revenue</td><td>$ 442.3</td></tr></table> the purchased power capacity variance is due to changes in the purchased power capacity costs included in the calculation in 2007 compared to 2006 used to bill generation costs between entergy texas and entergy gulf states louisiana . the securitization transition charge variance is due to the issuance of securitization bonds . as discussed above , in june 2007 , egsrf i , a company wholly-owned and consolidated by entergy texas , issued securitization bonds and with the proceeds purchased from entergy texas the transition property , which is the right to recover from customers through a transition charge amounts sufficient to service the securitization bonds . see note 5 to the financial statements herein for details of the securitization bond issuance . the volume/weather variance is due to increased electricity usage on billed retail sales , including the effects of more favorable weather in 2007 compared to the same period in 2006 . the increase is also due to an increase in usage during the unbilled sales period . retail electricity usage increased a total of 139 gwh in all sectors . see "critical accounting estimates" below and note 1 to the financial statements for further discussion of the accounting for unbilled revenues . the transmission revenue variance is due to an increase in rates effective june 2007 and new transmission customers in late 2006 . the base revenue variance is due to the transition to competition rider that began in march 2006 . refer to note 2 to the financial statements for further discussion of the rate increase . gross operating revenues , fuel and purchased power expenses , and other regulatory charges gross operating revenues decreased primarily due to a decrease of $ 179 million in fuel cost recovery revenues due to lower fuel rates and fuel refunds . the decrease was partially offset by the $ 39 million increase in net revenue described above and an increase of $ 44 million in wholesale revenues , including $ 30 million from the system agreement cost equalization payments from entergy arkansas . the receipt of such payments is being . Conversations: Question: what was the net revenue for entergy texas , inc . in 2007? Answer:
442.3
0
418
convfinqa1479
In the context of this series of interconnected finance-related queries and the additional information provided by the pretext, table data, and posttext from a company's financial filings, please provide a response to the final question. This may require extracting information from the context and performing mathematical calculations. Please take into account the information provided in the preceding questions and their answers when formulating your response: Context: entergy texas , inc . management's financial discussion and analysis fuel and purchased power expenses increased primarily due to an increase in power purchases as a result of the purchased power agreements between entergy gulf states louisiana and entergy texas and an increase in the average market prices of purchased power and natural gas , substantially offset by a decrease in deferred fuel expense as a result of decreased recovery from customers of fuel costs . other regulatory charges increased primarily due to an increase of $ 6.9 million in the recovery of bond expenses related to the securitization bonds . the recovery became effective july 2007 . see note 5 to the financial statements for additional information regarding the securitization bonds . 2007 compared to 2006 net revenue consists of operating revenues net of : 1 ) fuel , fuel-related expenses , and gas purchased for resale , 2 ) purchased power expenses , and 3 ) other regulatory charges . following is an analysis of the change in net revenue comparing 2007 to 2006 . amount ( in millions ) . <table class='wikitable'><tr><td>1</td><td></td><td>amount ( in millions )</td></tr><tr><td>2</td><td>2006 net revenue</td><td>$ 403.3</td></tr><tr><td>3</td><td>purchased power capacity</td><td>13.1</td></tr><tr><td>4</td><td>securitization transition charge</td><td>9.9</td></tr><tr><td>5</td><td>volume/weather</td><td>9.7</td></tr><tr><td>6</td><td>transmission revenue</td><td>6.1</td></tr><tr><td>7</td><td>base revenue</td><td>2.6</td></tr><tr><td>8</td><td>other</td><td>-2.4 ( 2.4 )</td></tr><tr><td>9</td><td>2007 net revenue</td><td>$ 442.3</td></tr></table> the purchased power capacity variance is due to changes in the purchased power capacity costs included in the calculation in 2007 compared to 2006 used to bill generation costs between entergy texas and entergy gulf states louisiana . the securitization transition charge variance is due to the issuance of securitization bonds . as discussed above , in june 2007 , egsrf i , a company wholly-owned and consolidated by entergy texas , issued securitization bonds and with the proceeds purchased from entergy texas the transition property , which is the right to recover from customers through a transition charge amounts sufficient to service the securitization bonds . see note 5 to the financial statements herein for details of the securitization bond issuance . the volume/weather variance is due to increased electricity usage on billed retail sales , including the effects of more favorable weather in 2007 compared to the same period in 2006 . the increase is also due to an increase in usage during the unbilled sales period . retail electricity usage increased a total of 139 gwh in all sectors . see "critical accounting estimates" below and note 1 to the financial statements for further discussion of the accounting for unbilled revenues . the transmission revenue variance is due to an increase in rates effective june 2007 and new transmission customers in late 2006 . the base revenue variance is due to the transition to competition rider that began in march 2006 . refer to note 2 to the financial statements for further discussion of the rate increase . gross operating revenues , fuel and purchased power expenses , and other regulatory charges gross operating revenues decreased primarily due to a decrease of $ 179 million in fuel cost recovery revenues due to lower fuel rates and fuel refunds . the decrease was partially offset by the $ 39 million increase in net revenue described above and an increase of $ 44 million in wholesale revenues , including $ 30 million from the system agreement cost equalization payments from entergy arkansas . the receipt of such payments is being . Conversations: q0: what was the net revenue for entergy texas , inc . in 2007? {answer0} Question: and what was it in 2006? Answer:
403.3
1
418
convfinqa1480
In the context of this series of interconnected finance-related queries and the additional information provided by the pretext, table data, and posttext from a company's financial filings, please provide a response to the final question. This may require extracting information from the context and performing mathematical calculations. Please take into account the information provided in the preceding questions and their answers when formulating your response: Context: entergy texas , inc . management's financial discussion and analysis fuel and purchased power expenses increased primarily due to an increase in power purchases as a result of the purchased power agreements between entergy gulf states louisiana and entergy texas and an increase in the average market prices of purchased power and natural gas , substantially offset by a decrease in deferred fuel expense as a result of decreased recovery from customers of fuel costs . other regulatory charges increased primarily due to an increase of $ 6.9 million in the recovery of bond expenses related to the securitization bonds . the recovery became effective july 2007 . see note 5 to the financial statements for additional information regarding the securitization bonds . 2007 compared to 2006 net revenue consists of operating revenues net of : 1 ) fuel , fuel-related expenses , and gas purchased for resale , 2 ) purchased power expenses , and 3 ) other regulatory charges . following is an analysis of the change in net revenue comparing 2007 to 2006 . amount ( in millions ) . <table class='wikitable'><tr><td>1</td><td></td><td>amount ( in millions )</td></tr><tr><td>2</td><td>2006 net revenue</td><td>$ 403.3</td></tr><tr><td>3</td><td>purchased power capacity</td><td>13.1</td></tr><tr><td>4</td><td>securitization transition charge</td><td>9.9</td></tr><tr><td>5</td><td>volume/weather</td><td>9.7</td></tr><tr><td>6</td><td>transmission revenue</td><td>6.1</td></tr><tr><td>7</td><td>base revenue</td><td>2.6</td></tr><tr><td>8</td><td>other</td><td>-2.4 ( 2.4 )</td></tr><tr><td>9</td><td>2007 net revenue</td><td>$ 442.3</td></tr></table> the purchased power capacity variance is due to changes in the purchased power capacity costs included in the calculation in 2007 compared to 2006 used to bill generation costs between entergy texas and entergy gulf states louisiana . the securitization transition charge variance is due to the issuance of securitization bonds . as discussed above , in june 2007 , egsrf i , a company wholly-owned and consolidated by entergy texas , issued securitization bonds and with the proceeds purchased from entergy texas the transition property , which is the right to recover from customers through a transition charge amounts sufficient to service the securitization bonds . see note 5 to the financial statements herein for details of the securitization bond issuance . the volume/weather variance is due to increased electricity usage on billed retail sales , including the effects of more favorable weather in 2007 compared to the same period in 2006 . the increase is also due to an increase in usage during the unbilled sales period . retail electricity usage increased a total of 139 gwh in all sectors . see "critical accounting estimates" below and note 1 to the financial statements for further discussion of the accounting for unbilled revenues . the transmission revenue variance is due to an increase in rates effective june 2007 and new transmission customers in late 2006 . the base revenue variance is due to the transition to competition rider that began in march 2006 . refer to note 2 to the financial statements for further discussion of the rate increase . gross operating revenues , fuel and purchased power expenses , and other regulatory charges gross operating revenues decreased primarily due to a decrease of $ 179 million in fuel cost recovery revenues due to lower fuel rates and fuel refunds . the decrease was partially offset by the $ 39 million increase in net revenue described above and an increase of $ 44 million in wholesale revenues , including $ 30 million from the system agreement cost equalization payments from entergy arkansas . the receipt of such payments is being . Conversations: q0: what was the net revenue for entergy texas , inc . in 2007? {answer0} q1: and what was it in 2006? {answer1} Question: what was, then, the change over the year? Answer:
39.0
2
418
convfinqa1481
In the context of this series of interconnected finance-related queries and the additional information provided by the pretext, table data, and posttext from a company's financial filings, please provide a response to the final question. This may require extracting information from the context and performing mathematical calculations. Please take into account the information provided in the preceding questions and their answers when formulating your response: Context: entergy texas , inc . management's financial discussion and analysis fuel and purchased power expenses increased primarily due to an increase in power purchases as a result of the purchased power agreements between entergy gulf states louisiana and entergy texas and an increase in the average market prices of purchased power and natural gas , substantially offset by a decrease in deferred fuel expense as a result of decreased recovery from customers of fuel costs . other regulatory charges increased primarily due to an increase of $ 6.9 million in the recovery of bond expenses related to the securitization bonds . the recovery became effective july 2007 . see note 5 to the financial statements for additional information regarding the securitization bonds . 2007 compared to 2006 net revenue consists of operating revenues net of : 1 ) fuel , fuel-related expenses , and gas purchased for resale , 2 ) purchased power expenses , and 3 ) other regulatory charges . following is an analysis of the change in net revenue comparing 2007 to 2006 . amount ( in millions ) . <table class='wikitable'><tr><td>1</td><td></td><td>amount ( in millions )</td></tr><tr><td>2</td><td>2006 net revenue</td><td>$ 403.3</td></tr><tr><td>3</td><td>purchased power capacity</td><td>13.1</td></tr><tr><td>4</td><td>securitization transition charge</td><td>9.9</td></tr><tr><td>5</td><td>volume/weather</td><td>9.7</td></tr><tr><td>6</td><td>transmission revenue</td><td>6.1</td></tr><tr><td>7</td><td>base revenue</td><td>2.6</td></tr><tr><td>8</td><td>other</td><td>-2.4 ( 2.4 )</td></tr><tr><td>9</td><td>2007 net revenue</td><td>$ 442.3</td></tr></table> the purchased power capacity variance is due to changes in the purchased power capacity costs included in the calculation in 2007 compared to 2006 used to bill generation costs between entergy texas and entergy gulf states louisiana . the securitization transition charge variance is due to the issuance of securitization bonds . as discussed above , in june 2007 , egsrf i , a company wholly-owned and consolidated by entergy texas , issued securitization bonds and with the proceeds purchased from entergy texas the transition property , which is the right to recover from customers through a transition charge amounts sufficient to service the securitization bonds . see note 5 to the financial statements herein for details of the securitization bond issuance . the volume/weather variance is due to increased electricity usage on billed retail sales , including the effects of more favorable weather in 2007 compared to the same period in 2006 . the increase is also due to an increase in usage during the unbilled sales period . retail electricity usage increased a total of 139 gwh in all sectors . see "critical accounting estimates" below and note 1 to the financial statements for further discussion of the accounting for unbilled revenues . the transmission revenue variance is due to an increase in rates effective june 2007 and new transmission customers in late 2006 . the base revenue variance is due to the transition to competition rider that began in march 2006 . refer to note 2 to the financial statements for further discussion of the rate increase . gross operating revenues , fuel and purchased power expenses , and other regulatory charges gross operating revenues decreased primarily due to a decrease of $ 179 million in fuel cost recovery revenues due to lower fuel rates and fuel refunds . the decrease was partially offset by the $ 39 million increase in net revenue described above and an increase of $ 44 million in wholesale revenues , including $ 30 million from the system agreement cost equalization payments from entergy arkansas . the receipt of such payments is being . Conversations: q0: what was the net revenue for entergy texas , inc . in 2007? {answer0} q1: and what was it in 2006? {answer1} q2: what was, then, the change over the year? {answer2} Question: what was the net revenue for entergy texas , inc . in 2006? Answer:
403.3
3
418
convfinqa1482
In the context of this series of interconnected finance-related queries and the additional information provided by the pretext, table data, and posttext from a company's financial filings, please provide a response to the final question. This may require extracting information from the context and performing mathematical calculations. Please take into account the information provided in the preceding questions and their answers when formulating your response: Context: entergy texas , inc . management's financial discussion and analysis fuel and purchased power expenses increased primarily due to an increase in power purchases as a result of the purchased power agreements between entergy gulf states louisiana and entergy texas and an increase in the average market prices of purchased power and natural gas , substantially offset by a decrease in deferred fuel expense as a result of decreased recovery from customers of fuel costs . other regulatory charges increased primarily due to an increase of $ 6.9 million in the recovery of bond expenses related to the securitization bonds . the recovery became effective july 2007 . see note 5 to the financial statements for additional information regarding the securitization bonds . 2007 compared to 2006 net revenue consists of operating revenues net of : 1 ) fuel , fuel-related expenses , and gas purchased for resale , 2 ) purchased power expenses , and 3 ) other regulatory charges . following is an analysis of the change in net revenue comparing 2007 to 2006 . amount ( in millions ) . <table class='wikitable'><tr><td>1</td><td></td><td>amount ( in millions )</td></tr><tr><td>2</td><td>2006 net revenue</td><td>$ 403.3</td></tr><tr><td>3</td><td>purchased power capacity</td><td>13.1</td></tr><tr><td>4</td><td>securitization transition charge</td><td>9.9</td></tr><tr><td>5</td><td>volume/weather</td><td>9.7</td></tr><tr><td>6</td><td>transmission revenue</td><td>6.1</td></tr><tr><td>7</td><td>base revenue</td><td>2.6</td></tr><tr><td>8</td><td>other</td><td>-2.4 ( 2.4 )</td></tr><tr><td>9</td><td>2007 net revenue</td><td>$ 442.3</td></tr></table> the purchased power capacity variance is due to changes in the purchased power capacity costs included in the calculation in 2007 compared to 2006 used to bill generation costs between entergy texas and entergy gulf states louisiana . the securitization transition charge variance is due to the issuance of securitization bonds . as discussed above , in june 2007 , egsrf i , a company wholly-owned and consolidated by entergy texas , issued securitization bonds and with the proceeds purchased from entergy texas the transition property , which is the right to recover from customers through a transition charge amounts sufficient to service the securitization bonds . see note 5 to the financial statements herein for details of the securitization bond issuance . the volume/weather variance is due to increased electricity usage on billed retail sales , including the effects of more favorable weather in 2007 compared to the same period in 2006 . the increase is also due to an increase in usage during the unbilled sales period . retail electricity usage increased a total of 139 gwh in all sectors . see "critical accounting estimates" below and note 1 to the financial statements for further discussion of the accounting for unbilled revenues . the transmission revenue variance is due to an increase in rates effective june 2007 and new transmission customers in late 2006 . the base revenue variance is due to the transition to competition rider that began in march 2006 . refer to note 2 to the financial statements for further discussion of the rate increase . gross operating revenues , fuel and purchased power expenses , and other regulatory charges gross operating revenues decreased primarily due to a decrease of $ 179 million in fuel cost recovery revenues due to lower fuel rates and fuel refunds . the decrease was partially offset by the $ 39 million increase in net revenue described above and an increase of $ 44 million in wholesale revenues , including $ 30 million from the system agreement cost equalization payments from entergy arkansas . the receipt of such payments is being . Conversations: q0: what was the net revenue for entergy texas , inc . in 2007? {answer0} q1: and what was it in 2006? {answer1} q2: what was, then, the change over the year? {answer2} q3: what was the net revenue for entergy texas , inc . in 2006? {answer3} Question: and how much does that change represent in relation to this 2006 net revenue? Answer:
0.0967
4
418
convfinqa1483
In the context of this series of interconnected finance-related queries and the additional information provided by the pretext, table data, and posttext from a company's financial filings, please provide a response to the final question. This may require extracting information from the context and performing mathematical calculations. Please take into account the information provided in the preceding questions and their answers when formulating your response: Context: abiomed , inc . and subsidiaries notes to consolidated financial statements 2014 ( continued ) note 14 . income taxes ( continued ) on april 1 , 2007 , the company adopted financial interpretation fin no . 48 , accounting for uncertainty in income taxes 2014an interpretation of fasb statement no . 109 ( 201cfin no . 48 201d ) , which clarifies the accounting for uncertainty in income taxes recognized in an enterprise 2019s financial statements in accordance with fasb statement no . 109 , accounting for income taxes . fin no . 48 prescribes a recognition threshold and measurement process for recording in the financial statements uncertain tax positions taken or expected to be taken in a tax return . fin no . 48 also provides guidance on derecognition , classification , interest and penalties , accounting in interim periods , disclosure , and transition and defines the criteria that must be met for the benefits of a tax position to be recognized . as a result of its adoption of fin no . 48 , the company recorded the cumulative effect of the change in accounting principle of $ 0.3 million as a decrease to opening retained earnings and an increase to other long-term liabilities as of april 1 , 2007 . this adjustment related to state nexus for failure to file tax returns in various states for the years ended march 31 , 2003 , 2004 , and 2005 . the company initiated a voluntary disclosure plan , which it completed in fiscal year 2009 . the company elected to recognize interest and/or penalties related to income tax matters in income tax expense in its consolidated statements of operations . as of march 31 , 2009 , the company had remitted all outstanding amounts owed to each of the states in connection with the outstanding taxes owed at march 31 , 2008 . as such , the company had no fin no . 48 liability at march 31 , 2009 . on a quarterly basis , the company accrues for the effects of uncertain tax positions and the related potential penalties and interest . it is reasonably possible that the amount of the unrecognized tax benefit with respect to certain of the unrecognized tax positions will increase or decrease during the next 12 months ; however , it is not expected that the change will have a significant effect on the company 2019s results of operations or financial position . a reconciliation of the beginning and ending balance of unrecognized tax benefits , excluding accrued interest recorded at march 31 , 2009 ( in thousands ) is as follows: . <table class='wikitable'><tr><td>1</td><td>balance at march 31 2008</td><td>$ 168</td></tr><tr><td>2</td><td>reductions for tax positions for closing of the applicable statute of limitations</td><td>-168 ( 168 )</td></tr><tr><td>3</td><td>balance at march 31 2009</td><td>$ 2014</td></tr></table> the company and its subsidiaries are subject to u.s . federal income tax , as well as income tax of multiple state and foreign jurisdictions . the company has accumulated significant losses since its inception in 1981 . all tax years remain subject to examination by major tax jurisdictions , including the federal government and the commonwealth of massachusetts . however , since the company has net operating loss and tax credit carry forwards which may be utilized in future years to offset taxable income , those years may also be subject to review by relevant taxing authorities if the carry forwards are utilized . note 15 . commitments and contingencies the company 2019s acquisition of impella provided that abiomed was required to make contingent payments to impella 2019s former shareholders as follows : 2022 upon fda approval of the impella 2.5 device , a payment of $ 5583333 2022 upon fda approval of the impella 5.0 device , a payment of $ 5583333 , and 2022 upon the sale of 1000 units of impella 2019s products worldwide , a payment of $ 5583334 . the two milestones related to sales and fda approval of the impella 2.5 device were achieved and paid prior to march 31 , 2009 . in april 2009 , the company received fda 510 ( k ) clearance of its impella 5.0 product , triggering an obligation to pay the milestone related to the impella 5.0 device . in may 2009 , the company paid $ 1.8 million of this final milestone in cash and elected to pay the remaining amount through the issuance of approximately 664612 shares of common stock. . Conversations: Question: what was the contingent payments to impella 2019s former shareholders if impella 2.5 and impella 5.0 are approved? Answer:
11166666.0
0
419
convfinqa1484
In the context of this series of interconnected finance-related queries and the additional information provided by the pretext, table data, and posttext from a company's financial filings, please provide a response to the final question. This may require extracting information from the context and performing mathematical calculations. Please take into account the information provided in the preceding questions and their answers when formulating your response: Context: abiomed , inc . and subsidiaries notes to consolidated financial statements 2014 ( continued ) note 14 . income taxes ( continued ) on april 1 , 2007 , the company adopted financial interpretation fin no . 48 , accounting for uncertainty in income taxes 2014an interpretation of fasb statement no . 109 ( 201cfin no . 48 201d ) , which clarifies the accounting for uncertainty in income taxes recognized in an enterprise 2019s financial statements in accordance with fasb statement no . 109 , accounting for income taxes . fin no . 48 prescribes a recognition threshold and measurement process for recording in the financial statements uncertain tax positions taken or expected to be taken in a tax return . fin no . 48 also provides guidance on derecognition , classification , interest and penalties , accounting in interim periods , disclosure , and transition and defines the criteria that must be met for the benefits of a tax position to be recognized . as a result of its adoption of fin no . 48 , the company recorded the cumulative effect of the change in accounting principle of $ 0.3 million as a decrease to opening retained earnings and an increase to other long-term liabilities as of april 1 , 2007 . this adjustment related to state nexus for failure to file tax returns in various states for the years ended march 31 , 2003 , 2004 , and 2005 . the company initiated a voluntary disclosure plan , which it completed in fiscal year 2009 . the company elected to recognize interest and/or penalties related to income tax matters in income tax expense in its consolidated statements of operations . as of march 31 , 2009 , the company had remitted all outstanding amounts owed to each of the states in connection with the outstanding taxes owed at march 31 , 2008 . as such , the company had no fin no . 48 liability at march 31 , 2009 . on a quarterly basis , the company accrues for the effects of uncertain tax positions and the related potential penalties and interest . it is reasonably possible that the amount of the unrecognized tax benefit with respect to certain of the unrecognized tax positions will increase or decrease during the next 12 months ; however , it is not expected that the change will have a significant effect on the company 2019s results of operations or financial position . a reconciliation of the beginning and ending balance of unrecognized tax benefits , excluding accrued interest recorded at march 31 , 2009 ( in thousands ) is as follows: . <table class='wikitable'><tr><td>1</td><td>balance at march 31 2008</td><td>$ 168</td></tr><tr><td>2</td><td>reductions for tax positions for closing of the applicable statute of limitations</td><td>-168 ( 168 )</td></tr><tr><td>3</td><td>balance at march 31 2009</td><td>$ 2014</td></tr></table> the company and its subsidiaries are subject to u.s . federal income tax , as well as income tax of multiple state and foreign jurisdictions . the company has accumulated significant losses since its inception in 1981 . all tax years remain subject to examination by major tax jurisdictions , including the federal government and the commonwealth of massachusetts . however , since the company has net operating loss and tax credit carry forwards which may be utilized in future years to offset taxable income , those years may also be subject to review by relevant taxing authorities if the carry forwards are utilized . note 15 . commitments and contingencies the company 2019s acquisition of impella provided that abiomed was required to make contingent payments to impella 2019s former shareholders as follows : 2022 upon fda approval of the impella 2.5 device , a payment of $ 5583333 2022 upon fda approval of the impella 5.0 device , a payment of $ 5583333 , and 2022 upon the sale of 1000 units of impella 2019s products worldwide , a payment of $ 5583334 . the two milestones related to sales and fda approval of the impella 2.5 device were achieved and paid prior to march 31 , 2009 . in april 2009 , the company received fda 510 ( k ) clearance of its impella 5.0 product , triggering an obligation to pay the milestone related to the impella 5.0 device . in may 2009 , the company paid $ 1.8 million of this final milestone in cash and elected to pay the remaining amount through the issuance of approximately 664612 shares of common stock. . Conversations: q0: what was the contingent payments to impella 2019s former shareholders if impella 2.5 and impella 5.0 are approved? {answer0} Question: and the payment amount if impella 2019s worldwide are approved? Answer:
5583334.0
1
419
convfinqa1485
In the context of this series of interconnected finance-related queries and the additional information provided by the pretext, table data, and posttext from a company's financial filings, please provide a response to the final question. This may require extracting information from the context and performing mathematical calculations. Please take into account the information provided in the preceding questions and their answers when formulating your response: Context: abiomed , inc . and subsidiaries notes to consolidated financial statements 2014 ( continued ) note 14 . income taxes ( continued ) on april 1 , 2007 , the company adopted financial interpretation fin no . 48 , accounting for uncertainty in income taxes 2014an interpretation of fasb statement no . 109 ( 201cfin no . 48 201d ) , which clarifies the accounting for uncertainty in income taxes recognized in an enterprise 2019s financial statements in accordance with fasb statement no . 109 , accounting for income taxes . fin no . 48 prescribes a recognition threshold and measurement process for recording in the financial statements uncertain tax positions taken or expected to be taken in a tax return . fin no . 48 also provides guidance on derecognition , classification , interest and penalties , accounting in interim periods , disclosure , and transition and defines the criteria that must be met for the benefits of a tax position to be recognized . as a result of its adoption of fin no . 48 , the company recorded the cumulative effect of the change in accounting principle of $ 0.3 million as a decrease to opening retained earnings and an increase to other long-term liabilities as of april 1 , 2007 . this adjustment related to state nexus for failure to file tax returns in various states for the years ended march 31 , 2003 , 2004 , and 2005 . the company initiated a voluntary disclosure plan , which it completed in fiscal year 2009 . the company elected to recognize interest and/or penalties related to income tax matters in income tax expense in its consolidated statements of operations . as of march 31 , 2009 , the company had remitted all outstanding amounts owed to each of the states in connection with the outstanding taxes owed at march 31 , 2008 . as such , the company had no fin no . 48 liability at march 31 , 2009 . on a quarterly basis , the company accrues for the effects of uncertain tax positions and the related potential penalties and interest . it is reasonably possible that the amount of the unrecognized tax benefit with respect to certain of the unrecognized tax positions will increase or decrease during the next 12 months ; however , it is not expected that the change will have a significant effect on the company 2019s results of operations or financial position . a reconciliation of the beginning and ending balance of unrecognized tax benefits , excluding accrued interest recorded at march 31 , 2009 ( in thousands ) is as follows: . <table class='wikitable'><tr><td>1</td><td>balance at march 31 2008</td><td>$ 168</td></tr><tr><td>2</td><td>reductions for tax positions for closing of the applicable statute of limitations</td><td>-168 ( 168 )</td></tr><tr><td>3</td><td>balance at march 31 2009</td><td>$ 2014</td></tr></table> the company and its subsidiaries are subject to u.s . federal income tax , as well as income tax of multiple state and foreign jurisdictions . the company has accumulated significant losses since its inception in 1981 . all tax years remain subject to examination by major tax jurisdictions , including the federal government and the commonwealth of massachusetts . however , since the company has net operating loss and tax credit carry forwards which may be utilized in future years to offset taxable income , those years may also be subject to review by relevant taxing authorities if the carry forwards are utilized . note 15 . commitments and contingencies the company 2019s acquisition of impella provided that abiomed was required to make contingent payments to impella 2019s former shareholders as follows : 2022 upon fda approval of the impella 2.5 device , a payment of $ 5583333 2022 upon fda approval of the impella 5.0 device , a payment of $ 5583333 , and 2022 upon the sale of 1000 units of impella 2019s products worldwide , a payment of $ 5583334 . the two milestones related to sales and fda approval of the impella 2.5 device were achieved and paid prior to march 31 , 2009 . in april 2009 , the company received fda 510 ( k ) clearance of its impella 5.0 product , triggering an obligation to pay the milestone related to the impella 5.0 device . in may 2009 , the company paid $ 1.8 million of this final milestone in cash and elected to pay the remaining amount through the issuance of approximately 664612 shares of common stock. . Conversations: q0: what was the contingent payments to impella 2019s former shareholders if impella 2.5 and impella 5.0 are approved? {answer0} q1: and the payment amount if impella 2019s worldwide are approved? {answer1} Question: combined, what would be paid to former shareholders if all targets are achieved? Answer:
16750000.0
2
419
convfinqa1486
In the context of this series of interconnected finance-related queries and the additional information provided by the pretext, table data, and posttext from a company's financial filings, please provide a response to the final question. This may require extracting information from the context and performing mathematical calculations. Please take into account the information provided in the preceding questions and their answers when formulating your response: Context: 28 2014 annual report performance graph the following chart presents a comparison for the five-year period ended june 30 , 2014 , of the market performance of the company 2019s common stock with the s & p 500 index and an index of peer companies selected by the company : comparison of 5 year cumulative total return among jack henry & associates , inc. , the s&p 500 index , and a peer group the following information depicts a line graph with the following values: . <table class='wikitable'><tr><td>1</td><td></td><td>2009</td><td>2010</td><td>2011</td><td>2012</td><td>2013</td><td>2014</td></tr><tr><td>2</td><td>jkhy</td><td>100.00</td><td>116.85</td><td>148.92</td><td>173.67</td><td>240.25</td><td>307.57</td></tr><tr><td>3</td><td>old peer group</td><td>100.00</td><td>112.45</td><td>150.77</td><td>176.12</td><td>220.42</td><td>275.73</td></tr><tr><td>4</td><td>new peer group</td><td>100.00</td><td>115.50</td><td>159.31</td><td>171.86</td><td>198.72</td><td>273.95</td></tr><tr><td>5</td><td>s & p 500</td><td>100.00</td><td>114.43</td><td>149.55</td><td>157.70</td><td>190.18</td><td>236.98</td></tr></table> this comparison assumes $ 100 was invested on june 30 , 2009 , and assumes reinvestments of dividends . total returns are calculated according to market capitalization of peer group members at the beginning of each period . peer companies selected are in the business of providing specialized computer software , hardware and related services to financial institutions and other businesses . in fiscal 2014 , we changed our peer group of companies used for this analysis to maintain alignment with peer companies selected by our compensation committee for use in determining compensation for executive management . companies in the new peer group are aci worldwide , inc. , bottomline technology , inc. , broadridge financial solutions , cardtronics , inc. , convergys corp. , corelogic , inc. , dst systems , inc. , euronet worldwide , inc. , fair isaac corp. , fidelity national information services , inc. , fiserv , inc. , global payments , inc. , heartland payment systems , inc. , micros systems , inc. , moneygram international , inc. , ss&c technologies holdings , inc. , total systems services , inc. , tyler technologies , inc. , verifone systems , inc. , and wex , inc. . companies in the old peer group are aci worldwide , inc. , bottomline technology , inc. , cerner corp. , dst systems , inc. , euronet worldwide , inc. , fair isaac corp. , fidelity national information services , inc. , fiserv , inc. , sei investments company , telecommunications systems , inc. , and tyler technologies corp. . Conversations: Question: what was the annual performance of the jkhy stock in 2010? Answer:
116.85
0
420
convfinqa1487
In the context of this series of interconnected finance-related queries and the additional information provided by the pretext, table data, and posttext from a company's financial filings, please provide a response to the final question. This may require extracting information from the context and performing mathematical calculations. Please take into account the information provided in the preceding questions and their answers when formulating your response: Context: 28 2014 annual report performance graph the following chart presents a comparison for the five-year period ended june 30 , 2014 , of the market performance of the company 2019s common stock with the s & p 500 index and an index of peer companies selected by the company : comparison of 5 year cumulative total return among jack henry & associates , inc. , the s&p 500 index , and a peer group the following information depicts a line graph with the following values: . <table class='wikitable'><tr><td>1</td><td></td><td>2009</td><td>2010</td><td>2011</td><td>2012</td><td>2013</td><td>2014</td></tr><tr><td>2</td><td>jkhy</td><td>100.00</td><td>116.85</td><td>148.92</td><td>173.67</td><td>240.25</td><td>307.57</td></tr><tr><td>3</td><td>old peer group</td><td>100.00</td><td>112.45</td><td>150.77</td><td>176.12</td><td>220.42</td><td>275.73</td></tr><tr><td>4</td><td>new peer group</td><td>100.00</td><td>115.50</td><td>159.31</td><td>171.86</td><td>198.72</td><td>273.95</td></tr><tr><td>5</td><td>s & p 500</td><td>100.00</td><td>114.43</td><td>149.55</td><td>157.70</td><td>190.18</td><td>236.98</td></tr></table> this comparison assumes $ 100 was invested on june 30 , 2009 , and assumes reinvestments of dividends . total returns are calculated according to market capitalization of peer group members at the beginning of each period . peer companies selected are in the business of providing specialized computer software , hardware and related services to financial institutions and other businesses . in fiscal 2014 , we changed our peer group of companies used for this analysis to maintain alignment with peer companies selected by our compensation committee for use in determining compensation for executive management . companies in the new peer group are aci worldwide , inc. , bottomline technology , inc. , broadridge financial solutions , cardtronics , inc. , convergys corp. , corelogic , inc. , dst systems , inc. , euronet worldwide , inc. , fair isaac corp. , fidelity national information services , inc. , fiserv , inc. , global payments , inc. , heartland payment systems , inc. , micros systems , inc. , moneygram international , inc. , ss&c technologies holdings , inc. , total systems services , inc. , tyler technologies , inc. , verifone systems , inc. , and wex , inc. . companies in the old peer group are aci worldwide , inc. , bottomline technology , inc. , cerner corp. , dst systems , inc. , euronet worldwide , inc. , fair isaac corp. , fidelity national information services , inc. , fiserv , inc. , sei investments company , telecommunications systems , inc. , and tyler technologies corp. . Conversations: q0: what was the annual performance of the jkhy stock in 2010? {answer0} Question: and what was it in 2009? Answer:
100.0
1
420
convfinqa1488
In the context of this series of interconnected finance-related queries and the additional information provided by the pretext, table data, and posttext from a company's financial filings, please provide a response to the final question. This may require extracting information from the context and performing mathematical calculations. Please take into account the information provided in the preceding questions and their answers when formulating your response: Context: 28 2014 annual report performance graph the following chart presents a comparison for the five-year period ended june 30 , 2014 , of the market performance of the company 2019s common stock with the s & p 500 index and an index of peer companies selected by the company : comparison of 5 year cumulative total return among jack henry & associates , inc. , the s&p 500 index , and a peer group the following information depicts a line graph with the following values: . <table class='wikitable'><tr><td>1</td><td></td><td>2009</td><td>2010</td><td>2011</td><td>2012</td><td>2013</td><td>2014</td></tr><tr><td>2</td><td>jkhy</td><td>100.00</td><td>116.85</td><td>148.92</td><td>173.67</td><td>240.25</td><td>307.57</td></tr><tr><td>3</td><td>old peer group</td><td>100.00</td><td>112.45</td><td>150.77</td><td>176.12</td><td>220.42</td><td>275.73</td></tr><tr><td>4</td><td>new peer group</td><td>100.00</td><td>115.50</td><td>159.31</td><td>171.86</td><td>198.72</td><td>273.95</td></tr><tr><td>5</td><td>s & p 500</td><td>100.00</td><td>114.43</td><td>149.55</td><td>157.70</td><td>190.18</td><td>236.98</td></tr></table> this comparison assumes $ 100 was invested on june 30 , 2009 , and assumes reinvestments of dividends . total returns are calculated according to market capitalization of peer group members at the beginning of each period . peer companies selected are in the business of providing specialized computer software , hardware and related services to financial institutions and other businesses . in fiscal 2014 , we changed our peer group of companies used for this analysis to maintain alignment with peer companies selected by our compensation committee for use in determining compensation for executive management . companies in the new peer group are aci worldwide , inc. , bottomline technology , inc. , broadridge financial solutions , cardtronics , inc. , convergys corp. , corelogic , inc. , dst systems , inc. , euronet worldwide , inc. , fair isaac corp. , fidelity national information services , inc. , fiserv , inc. , global payments , inc. , heartland payment systems , inc. , micros systems , inc. , moneygram international , inc. , ss&c technologies holdings , inc. , total systems services , inc. , tyler technologies , inc. , verifone systems , inc. , and wex , inc. . companies in the old peer group are aci worldwide , inc. , bottomline technology , inc. , cerner corp. , dst systems , inc. , euronet worldwide , inc. , fair isaac corp. , fidelity national information services , inc. , fiserv , inc. , sei investments company , telecommunications systems , inc. , and tyler technologies corp. . Conversations: q0: what was the annual performance of the jkhy stock in 2010? {answer0} q1: and what was it in 2009? {answer1} Question: what was, then, the change in that performance over the year? Answer:
16.85
2
420
convfinqa1489
In the context of this series of interconnected finance-related queries and the additional information provided by the pretext, table data, and posttext from a company's financial filings, please provide a response to the final question. This may require extracting information from the context and performing mathematical calculations. Please take into account the information provided in the preceding questions and their answers when formulating your response: Context: 28 2014 annual report performance graph the following chart presents a comparison for the five-year period ended june 30 , 2014 , of the market performance of the company 2019s common stock with the s & p 500 index and an index of peer companies selected by the company : comparison of 5 year cumulative total return among jack henry & associates , inc. , the s&p 500 index , and a peer group the following information depicts a line graph with the following values: . <table class='wikitable'><tr><td>1</td><td></td><td>2009</td><td>2010</td><td>2011</td><td>2012</td><td>2013</td><td>2014</td></tr><tr><td>2</td><td>jkhy</td><td>100.00</td><td>116.85</td><td>148.92</td><td>173.67</td><td>240.25</td><td>307.57</td></tr><tr><td>3</td><td>old peer group</td><td>100.00</td><td>112.45</td><td>150.77</td><td>176.12</td><td>220.42</td><td>275.73</td></tr><tr><td>4</td><td>new peer group</td><td>100.00</td><td>115.50</td><td>159.31</td><td>171.86</td><td>198.72</td><td>273.95</td></tr><tr><td>5</td><td>s & p 500</td><td>100.00</td><td>114.43</td><td>149.55</td><td>157.70</td><td>190.18</td><td>236.98</td></tr></table> this comparison assumes $ 100 was invested on june 30 , 2009 , and assumes reinvestments of dividends . total returns are calculated according to market capitalization of peer group members at the beginning of each period . peer companies selected are in the business of providing specialized computer software , hardware and related services to financial institutions and other businesses . in fiscal 2014 , we changed our peer group of companies used for this analysis to maintain alignment with peer companies selected by our compensation committee for use in determining compensation for executive management . companies in the new peer group are aci worldwide , inc. , bottomline technology , inc. , broadridge financial solutions , cardtronics , inc. , convergys corp. , corelogic , inc. , dst systems , inc. , euronet worldwide , inc. , fair isaac corp. , fidelity national information services , inc. , fiserv , inc. , global payments , inc. , heartland payment systems , inc. , micros systems , inc. , moneygram international , inc. , ss&c technologies holdings , inc. , total systems services , inc. , tyler technologies , inc. , verifone systems , inc. , and wex , inc. . companies in the old peer group are aci worldwide , inc. , bottomline technology , inc. , cerner corp. , dst systems , inc. , euronet worldwide , inc. , fair isaac corp. , fidelity national information services , inc. , fiserv , inc. , sei investments company , telecommunications systems , inc. , and tyler technologies corp. . Conversations: q0: what was the annual performance of the jkhy stock in 2010? {answer0} q1: and what was it in 2009? {answer1} q2: what was, then, the change in that performance over the year? {answer2} Question: and how much does this change represent in relation to the 2009 performance? Answer:
0.1685
3
420