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finqa1434
|
Please answer the given financial question based on the context.
Context: debt maturities 2013 the following table presents aggregate debt maturities as of december 31 , 2011 , excluding market value adjustments : millions .
|2012|$ 309|
|2013|636|
|2014|706|
|2015|467|
|2016|517|
|thereafter|6271|
|total debt|$ 8906|
as of both december 31 , 2011 and december 31 , 2010 , we have reclassified as long-term debt approximately $ 100 million of debt due within one year that we intend to refinance . this reclassification reflects our ability and intent to refinance any short-term borrowings and certain current maturities of long- term debt on a long-term basis . mortgaged properties 2013 equipment with a carrying value of approximately $ 2.9 billion and $ 3.2 billion at december 31 , 2011 and 2010 , respectively , served as collateral for capital leases and other types of equipment obligations in accordance with the secured financing arrangements utilized to acquire such railroad equipment . as a result of the merger of missouri pacific railroad company ( mprr ) with and into uprr on january 1 , 1997 , and pursuant to the underlying indentures for the mprr mortgage bonds , uprr must maintain the same value of assets after the merger in order to comply with the security requirements of the mortgage bonds . as of the merger date , the value of the mprr assets that secured the mortgage bonds was approximately $ 6.0 billion . in accordance with the terms of the indentures , this collateral value must be maintained during the entire term of the mortgage bonds irrespective of the outstanding balance of such bonds . credit facilities 2013 during the second quarter of 2011 , we replaced our $ 1.9 billion revolving credit facility , which was scheduled to expire in april 2012 , with a new $ 1.8 billion facility that expires in may 2015 ( the facility ) . the facility is based on substantially similar terms as those in the previous credit facility . on december 31 , 2011 , we had $ 1.8 billion of credit available under the facility , which is designated for general corporate purposes and supports the issuance of commercial paper . we did not draw on either facility during 2011 . commitment fees and interest rates payable under the facility are similar to fees and rates available to comparably rated , investment-grade borrowers . the facility allows for borrowings at floating rates based on london interbank offered rates , plus a spread , depending upon our senior unsecured debt ratings . the facility requires the corporation to maintain a debt-to-net-worth coverage ratio as a condition to making a borrowing . at december 31 , 2011 , and december 31 , 2010 ( and at all times during the year ) , we were in compliance with this covenant . the definition of debt used for purposes of calculating the debt-to-net-worth coverage ratio includes , among other things , certain credit arrangements , capital leases , guarantees and unfunded and vested pension benefits under title iv of erisa . at december 31 , 2011 , the debt-to-net-worth coverage ratio allowed us to carry up to $ 37.2 billion of debt ( as defined in the facility ) , and we had $ 9.5 billion of debt ( as defined in the facility ) outstanding at that date . under our current capital plans , we expect to continue to satisfy the debt-to-net-worth coverage ratio ; however , many factors beyond our reasonable control ( including the risk factors in item 1a of this report ) could affect our ability to comply with this provision in the future . the facility does not include any other financial restrictions , credit rating triggers ( other than rating-dependent pricing ) , or any other provision that could require us to post collateral . the facility also includes a $ 75 million cross-default provision and a change-of-control provision . during 2011 , we did not issue or repay any commercial paper and , at december 31 , 2011 , we had no commercial paper outstanding . outstanding commercial paper balances are supported by our revolving credit facility but do not reduce the amount of borrowings available under the facility . dividend restrictions 2013 our revolving credit facility includes a debt-to-net worth covenant ( discussed in the credit facilities section above ) that , under certain circumstances , restricts the payment of cash .
Question: at december 31 , 2011 , what is the additional borrowing capacity in billions pursuant to the current debt coverage restrictions?
Answer:
|
27.7
|
at december 31 , 2011 , what is the additional borrowing capacity in billions pursuant to the current debt coverage restrictions?
|
{
"options": {
"A": "9.5",
"B": "37.2",
"C": "27.7",
"D": "1.8"
},
"goldenKey": "C"
}
|
{
"A": "9.5",
"B": "37.2",
"C": "27.7",
"D": "1.8"
}
|
C
|
finqa1435
|
Please answer the given financial question based on the context.
Context: 2022 net derivative losses of $ 13 million . review by segment general we serve clients through the following segments : 2022 risk solutions acts as an advisor and insurance and reinsurance broker , helping clients manage their risks , via consultation , as well as negotiation and placement of insurance risk with insurance carriers through our global distribution network . 2022 hr solutions partners with organizations to solve their most complex benefits , talent and related financial challenges , and improve business performance by designing , implementing , communicating and administering a wide range of human capital , retirement , investment management , health care , compensation and talent management strategies . risk solutions .
|years ended december 31,|2011|2010|2009|
|revenue|$ 6817|$ 6423|$ 6305|
|operating income|1314|1194|900|
|operating margin|19.3% ( 19.3 % )|18.6% ( 18.6 % )|14.3% ( 14.3 % )|
the demand for property and casualty insurance generally rises as the overall level of economic activity increases and generally falls as such activity decreases , affecting both the commissions and fees generated by our brokerage business . the economic activity that impacts property and casualty insurance is described as exposure units , and is closely correlated with employment levels , corporate revenue and asset values . during 2011 we began to see some improvement in pricing ; however , we would still consider this to be a 2018 2018soft market , 2019 2019 which began in 2007 . in a soft market , premium rates flatten or decrease , along with commission revenues , due to increased competition for market share among insurance carriers or increased underwriting capacity . changes in premiums have a direct and potentially material impact on the insurance brokerage industry , as commission revenues are generally based on a percentage of the premiums paid by insureds . in 2011 , pricing showed signs of stabilization and improvement in both our retail and reinsurance brokerage product lines and we expect this trend to slowly continue into 2012 . additionally , beginning in late 2008 and continuing through 2011 , we faced difficult conditions as a result of unprecedented disruptions in the global economy , the repricing of credit risk and the deterioration of the financial markets . weak global economic conditions have reduced our customers 2019 demand for our brokerage products , which have had a negative impact on our operational results . risk solutions generated approximately 60% ( 60 % ) of our consolidated total revenues in 2011 . revenues are generated primarily through fees paid by clients , commissions and fees paid by insurance and reinsurance companies , and investment income on funds held on behalf of clients . our revenues vary from quarter to quarter throughout the year as a result of the timing of our clients 2019 policy renewals , the net effect of new and lost business , the timing of services provided to our clients , and the income we earn on investments , which is heavily influenced by short-term interest rates . we operate in a highly competitive industry and compete with many retail insurance brokerage and agency firms , as well as with individual brokers , agents , and direct writers of insurance coverage . specifically , we address the highly specialized product development and risk management needs of commercial enterprises , professional groups , insurance companies , governments , health care providers , and non-profit groups , among others ; provide affinity products for professional liability , life , disability .
Question: what is the increase observed in the operating margin during 2010 and 2011?
Answer:
|
0.007
|
what is the increase observed in the operating margin during 2010 and 2011?
|
{
"options": {
"A": "0.007",
"B": "0.007%",
"C": "7%",
"D": "7"
},
"goldenKey": "A"
}
|
{
"A": "0.007",
"B": "0.007%",
"C": "7%",
"D": "7"
}
|
A
|
finqa1438
|
Please answer the given financial question based on the context.
Context: third-party sales for the engineered products and solutions segment improved 7% ( 7 % ) in 2016 compared with 2015 , primarily attributable to higher third-party sales of the two acquired businesses ( $ 457 ) , primarily related to the aerospace end market , and increased demand from the industrial gas turbine end market , partially offset by lower volumes in the oil and gas end market and commercial transportation end market as well as pricing pressures in aerospace . third-party sales for this segment improved 27% ( 27 % ) in 2015 compared with 2014 , largely attributable to the third-party sales ( $ 1310 ) of the three acquired businesses ( see above ) , and higher volumes in this segment 2019s legacy businesses , both of which were primarily related to the aerospace end market . these positive impacts were slightly offset by unfavorable foreign currency movements , principally driven by a weaker euro . atoi for the engineered products and solutions segment increased $ 47 , or 8% ( 8 % ) , in 2016 compared with 2015 , primarily related to net productivity improvements across all businesses as well as the volume increase from both the rti acquisition and organic revenue growth , partially offset by a lower margin product mix and pricing pressures in the aerospace end market . atoi for this segment increased $ 16 , or 3% ( 3 % ) , in 2015 compared with 2014 , principally the result of net productivity improvements across most businesses , a positive contribution from acquisitions , and overall higher volumes in this segment 2019s legacy businesses . these positive impacts were partially offset by unfavorable price and product mix , higher costs related to growth projects , and net unfavorable foreign currency movements , primarily related to a weaker euro . in 2017 , demand in the commercial aerospace end market is expected to remain strong , driven by the ramp up of new aerospace engine platforms , somewhat offset by continued customer destocking and engine ramp-up challenges . demand in the defense end market is expected to grow due to the continuing ramp-up of certain aerospace programs . additionally , net productivity improvements are anticipated while pricing pressure across all markets is likely to continue . transportation and construction solutions .
||2016|2015|2014|
|third-party sales|$ 1802|$ 1882|$ 2021|
|atoi|$ 176|$ 166|$ 180|
the transportation and construction solutions segment produces products that are used mostly in the nonresidential building and construction and commercial transportation end markets . such products include integrated aluminum structural systems , architectural extrusions , and forged aluminum commercial vehicle wheels , which are sold both directly to customers and through distributors . a small part of this segment also produces aluminum products for the industrial products end market . generally , the sales and costs and expenses of this segment are transacted in the local currency of the respective operations , which are primarily the u.s . dollar , the euro , and the brazilian real . third-party sales for the transportation and construction solutions segment decreased 4% ( 4 % ) in 2016 compared with 2015 , primarily driven by lower demand from the north american commercial transportation end market , which was partially offset by rising demand from the building and construction end market . third-party sales for this segment decreased 7% ( 7 % ) in 2015 compared with 2014 , primarily driven by unfavorable foreign currency movements , principally caused by a weaker euro and brazilian real , and lower volume related to the building and construction end market , somewhat offset by higher volume related to the commercial transportation end market . atoi for the transportation and construction solutions segment increased $ 10 , or 6% ( 6 % ) , in 2016 compared with 2015 , principally driven by net productivity improvements across all businesses and growth in the building and construction segment , partially offset by lower demand in the north american heavy duty truck and brazilian markets. .
Question: considering the years 2015-2016 , what was the variation observed in the growth of the atoi in the transportation and construction solutions engineered products and solutions segments?
Answer:
|
0.02
|
considering the years 2015-2016 , what was the variation observed in the growth of the atoi in the transportation and construction solutions engineered products and solutions segments?
|
{
"options": {
"A": "0.02",
"B": "0.04",
"C": "0.06",
"D": "0.08"
},
"goldenKey": "A"
}
|
{
"A": "0.02",
"B": "0.04",
"C": "0.06",
"D": "0.08"
}
|
A
|
finqa1439
|
Please answer the given financial question based on the context.
Context: wrote-off debt issuance costs of $ 4 million , which resulted in an extraordinary loss for the early retirement of debt . net income net income decreased $ 522 million to $ 273 million in 2001 from $ 795 million in 2000 . the overall decrease in net income is due to decreased net income from competitive supply and large utility businesses offset slightly by increases in the contract generation and growth distribution businesses . the decreases are primarily due to lower market prices in the united kingdom and the decline in the brazilian real during 2001 resulting in foreign currency transaction losses of approximately $ 210 million . additionally the company recorded severance and transaction costs related to the ipalco pooling-of-interest transaction and a loss from discontinued operations of $ 194 million . our 10 largest contributors to net income in 2001 were as follows : lal pir/pak gen , shady point and thames from contract generation ; somerset from competitive supply ; edc , eletropaulo , ipalco , cilcorp and cemig from large utilities ; and sul from growth distribution . 2000 compared to 1999 revenues revenues increased $ 3.4 billion , or 83% ( 83 % ) , to $ 7.5 billion in 2000 from $ 4.1 billion in 1999 . the increase in revenues is due primarily to the acquisition of new businesses . excluding businesses acquired or that commenced commercial operations during 2000 or 1999 , revenues increased 6% ( 6 % ) to $ 3.6 billion. .
||2000|1999|% ( % ) change|
|contract generation|$ 1.7 billion|$ 1.3 billion|31% ( 31 % )|
|competitive supply|$ 2.4 billion|$ 873 million|175% ( 175 % )|
|large utilities|$ 2.1 billion|$ 992 million|112% ( 112 % )|
|growth distribution|$ 1.3 billion|$ 948 million|37% ( 37 % )|
contract generation revenues increased $ 400 million , or 31% ( 31 % ) , to $ 1.7 billion in 2000 from $ 1.3 billion in 1999 . excluding businesses acquired or that commenced commercial operations in 2000 or 1999 , contract generation revenues increased 4% ( 4 % ) to $ 1.3 billion in 2000 . the increase in contract generation segment revenues was due primarily to increases in south america , north america , caribbean and asia , offset by a slight decline in europe/africa . in south america , contract generation segment revenue increased $ 245 million , and this is due mainly to the acquisition of tiete . in north america , contract generation segment revenues increased $ 76 million due primarily to the start of commercial operations at warrior run in january 2000 . in the caribbean , contract generation segment revenues increased $ 92 million due primarily to the start of commercial operations at merida iii in june 2000 and increased revenues from los mina . in asia , contract generation segment revenue increased $ 41 million due primarily to increased operations at the ecogen peaking plant and lal pir and pak gen in pakistan . in europe/africa , contract generation segment revenues remained fairly constant with decreases at tisza ii in hungary being offset by the acquisition of a controlling interest at kilroot . competitive supply revenues increased $ 1.5 billion , or 175% ( 175 % ) , to $ 2.4 billion in 2000 from $ 873 million in 1999 . excluding businesses acquired or that commenced commercial operations in 2000 or 1999 , competitive supply revenues increased 25% ( 25 % ) to $ 477 million in 2000 . the most significant increases occurred within north america and europe/africa . slight increases occurred in south america and the caribbean . asia reported a slight decrease . in north america , competitive supply segment revenues increased $ 610 million due primarily to the new york plants and new energy .
Question: without foreign currency transaction losses , what would 2001 net income have been in millions?
Answer:
|
483.0
|
without foreign currency transaction losses , what would 2001 net income have been in millions?
|
{
"options": {
"A": "273.0",
"B": "483.0",
"C": "795.0",
"D": "1,005.0"
},
"goldenKey": "B"
}
|
{
"A": "273.0",
"B": "483.0",
"C": "795.0",
"D": "1,005.0"
}
|
B
|
finqa1440
|
Please answer the given financial question based on the context.
Context: in addition , included in the loan table are purchased distressed loans , which are loans that have evidenced significant credit deterioration subsequent to origination but prior to acquisition by citigroup . in accordance with sop 03-3 , the difference between the total expected cash flows for these loans and the initial recorded investments is recognized in income over the life of the loans using a level yield . accordingly , these loans have been excluded from the impaired loan information presented above . in addition , per sop 03-3 , subsequent decreases to the expected cash flows for a purchased distressed loan require a build of an allowance so the loan retains its level yield . however , increases in the expected cash flows are first recognized as a reduction of any previously established allowance and then recognized as income prospectively over the remaining life of the loan by increasing the loan 2019s level yield . where the expected cash flows cannot be reliably estimated , the purchased distressed loan is accounted for under the cost recovery method . the carrying amount of the purchased distressed loan portfolio at december 31 , 2009 was $ 825 million net of an allowance of $ 95 million . the changes in the accretable yield , related allowance and carrying amount net of accretable yield for 2009 are as follows : in millions of dollars accretable carrying amount of loan receivable allowance .
|in millions of dollars|accretable yield|carrying amount of loan receivable|allowance|
|beginning balance|$ 92|$ 1510|$ 122|
|purchases ( 1 )|14|329|2014|
|disposals/payments received|-5 ( 5 )|-967 ( 967 )|2014|
|accretion|-52 ( 52 )|52|2014|
|builds ( reductions ) to the allowance|-21 ( 21 )|1|-27 ( 27 )|
|increase to expected cash flows|10|2|2014|
|fx/other|-11 ( 11 )|-7 ( 7 )|2014|
|balance december 31 2009 ( 2 )|$ 27|$ 920|$ 95|
( 1 ) the balance reported in the column 201ccarrying amount of loan receivable 201d consists of $ 87 million of purchased loans accounted for under the level-yield method and $ 242 million under the cost-recovery method . these balances represent the fair value of these loans at their acquisition date . the related total expected cash flows for the level-yield loans were $ 101 million at their acquisition dates . ( 2 ) the balance reported in the column 201ccarrying amount of loan receivable 201d consists of $ 561 million of loans accounted for under the level-yield method and $ 359 million accounted for under the cost-recovery method. .
Question: what is the percent of the purchased loans accounted for under the level-yield method included in the carrying amount of loan receivable net of purchased loans accounted for under the under the cost-recovery method
Answer:
|
0.12832
|
what is the percent of the purchased loans accounted for under the level-yield method included in the carrying amount of loan receivable net of purchased loans accounted for under the under the cost-recovery method
|
{
"options": {
"A": "0.12832",
"B": "0.25664",
"C": "0.512",
"D": "0.76896"
},
"goldenKey": "A"
}
|
{
"A": "0.12832",
"B": "0.25664",
"C": "0.512",
"D": "0.76896"
}
|
A
|
finqa1441
|
Please answer the given financial question based on the context.
Context: 52 s&p global 2018 annual report cash consideration that would be received for instances when the service components are sold separately . if the fair value to the customer for each service is not objectively determinable , we make our best estimate of the services 2019 stand-alone selling price and record revenue as it is earned over the service period . receivables we record a receivable when a customer is billed or when revenue is recognized prior to billing a customer . for multi- year agreements , we generally invoice customers annually at the beginning of each annual period . the opening balance of accounts receivable , net of allowance for doubtful accounts , was $ 1319 million as of january 1 , 2018 . contract assets contract assets include unbilled amounts from when the company transfers service to a customer before a customer pays consideration or before payment is due . as of december 31 , 2018 and 2017 , contract assets were $ 26 million and $ 17 million , respectively , and are included in accounts receivable in our consolidated balance sheets . unearned revenue we record unearned revenue when cash payments are received or due in advance of our performance . the increase in the unearned revenue balance for the year ended december 31 , 2018 is primarily driven by cash payments received or due in advance of satisfying our performance obligations , offset by $ 1.5 billion of revenues recognized that were included in the unearned revenue balance at the beginning of the period . remaining performance obligations remaining performance obligations represent the transaction price of contracts for work that has not yet been performed . as of december 31 , 2018 , the aggregate amount of the transaction price allocated to remaining performance obligations was $ 1.4 billion . we expect to recognize revenue on approximately half and three-quarters of the remaining performance obligations over the next 12 and 24 months , respectively , with the remainder recognized thereafter . we do not disclose the value of unfulfilled performance obligations for ( i ) contracts with an original expected length of one year or less and ( ii ) contracts where revenue is a usage-based royalty promised in exchange for a license of intellectual property . costs to obtain a contract we recognize an asset for the incremental costs of obtaining a contract with a customer if we expect the benefit of those costs to be longer than one year . we have determined that certain sales commission programs meet the requirements to be capitalized . total capitalized costs to obtain a contract were $ 101 million as of december 31 , 2018 , and are included in prepaid and other current assets and other non-current assets on our consolidated balance sheets . the asset will be amortized over a period consistent with the transfer to the customer of the goods or services to which the asset relates , calculated based on the customer term and the average life of the products and services underlying the contracts . the expense is recorded within selling and general expenses . we expense sales commissions when incurred if the amortization period would have been one year or less . these costs are recorded within selling and general expenses . presentation of net periodic pension cost and net periodic postretirement benefit cost during the first quarter of 2018 , we adopted new accounting guidance requiring that net periodic benefit cost for our retirement and postretirement plans other than the service cost component be included outside of operating profit ; these costs are included in other income , net in our consolidated statements of income . the components of other income , net for the year ended december 31 are as follows : assets and liabilities held for sale and discontinued operations assets and liabilities held for sale we classify a disposal group to be sold as held for sale in the period in which all of the following criteria are met : management , having the authority to approve the action , commits to a plan to sell the disposal group ; the disposal group is available for immediate sale in its present condition subject only to terms that are usual and customary for sales of such disposal group ; an active program to locate a buyer and other actions required to complete the plan to sell the disposal group have been initiated ; the sale of the disposal group is probable , and transfer of the disposal group is expected to qualify for recognition as a completed sale within one year , except if events or circumstances beyond our control extend the period of time required to sell the disposal group beyond one year ; the disposal group is being actively marketed for sale at a price that is reasonable in relation to its current fair value ; and actions required to complete the plan indicate that it is unlikely that significant changes to the plan will be made or that the plan will be withdrawn . a disposal group that is classified as held for sale is initially measured at the lower of its carrying value or fair value less any costs to sell . any loss resulting from this measurement is recognized in the period in which the held for sale criteria are met . conversely , gains are not recognized on the sale of a disposal group until the date of sale . ( in millions ) 2018 2017 2016 other components of net periodic benefit cost $ ( 30 ) $ ( 27 ) $ ( 28 ) .
|( in millions )|2018|2017|2016|
|other components of net periodic benefit cost|$ -30 ( 30 )|$ -27 ( 27 )|$ -28 ( 28 )|
|net loss from investments|5|2014|2014|
|other income net|$ -25 ( 25 )|$ -27 ( 27 )|$ -28 ( 28 )|
.
Question: what was the decline in the other net income from 2016 to 2018
Answer:
|
-0.10714
|
what was the decline in the other net income from 2016 to 2018
|
{
"options": {
"A": "-0.10714",
"B": "-0.107",
"C": "-0.1075",
"D": "-0.106"
},
"goldenKey": "A"
}
|
{
"A": "-0.10714",
"B": "-0.107",
"C": "-0.1075",
"D": "-0.106"
}
|
A
|
finqa1442
|
Please answer the given financial question based on the context.
Context: aeronautics our aeronautics business segment is engaged in the research , design , development , manufacture , integration , sustainment , support , and upgrade of advanced military aircraft , including combat and air mobility aircraft , unmanned air vehicles , and related technologies . aeronautics 2019 major programs include the f-35 lightning ii joint strike fighter , c-130 hercules , f-16 fighting falcon , f-22 raptor , and the c-5m super galaxy . aeronautics 2019 operating results included the following ( in millions ) : .
||2013|2012|2011|
|net sales|$ 14123|$ 14953|$ 14362|
|operating profit|1612|1699|1630|
|operating margins|11.4% ( 11.4 % )|11.4% ( 11.4 % )|11.3% ( 11.3 % )|
|backlog at year-end|28000|30100|30500|
2013 compared to 2012 aeronautics 2019 net sales for 2013 decreased $ 830 million , or 6% ( 6 % ) , compared to 2012 . the decrease was primarily attributable to lower net sales of approximately $ 530 million for the f-16 program due to fewer aircraft deliveries ( 13 aircraft delivered in 2013 compared to 37 delivered in 2012 ) partially offset by aircraft configuration mix ; about $ 385 million for the c-130 program due to fewer aircraft deliveries ( 25 aircraft delivered in 2013 compared to 34 in 2012 ) partially offset by increased sustainment activities ; approximately $ 255 million for the f-22 program , which includes about $ 205 million due to decreased production volume as final aircraft deliveries were completed during the second quarter of 2012 and $ 50 million from the favorable resolution of a contractual matter during the second quarter of 2012 ; and about $ 270 million for various other programs ( primarily sustainment activities ) due to decreased volume . the decreases were partially offset by higher net sales of about $ 295 million for f-35 production contracts due to increased production volume and risk retirements ; approximately $ 245 million for the c-5 program due to increased aircraft deliveries ( six aircraft delivered in 2013 compared to four in 2012 ) and other modernization activities ; and about $ 70 million for the f-35 development contract due to increased volume . aeronautics 2019 operating profit for 2013 decreased $ 87 million , or 5% ( 5 % ) , compared to 2012 . the decrease was primarily attributable to lower operating profit of about $ 85 million for the f-22 program , which includes approximately $ 50 million from the favorable resolution of a contractual matter in the second quarter of 2012 and about $ 35 million due to decreased risk retirements and production volume ; approximately $ 70 million for the c-130 program due to lower risk retirements and fewer deliveries partially offset by increased sustainment activities ; about $ 65 million for the c-5 program due to the inception-to-date effect of reducing the profit booking rate in the third quarter of 2013 and lower risk retirements ; approximately $ 35 million for the f-16 program due to fewer aircraft deliveries partially offset by increased sustainment activity and aircraft configuration mix . the decreases were partially offset by higher operating profit of approximately $ 180 million for f-35 production contracts due to increased risk retirements and volume . operating profit was comparable for the f-35 development contract and included adjustments of approximately $ 85 million to reflect the inception-to-date impacts of the downward revisions to the profit booking rate in both 2013 and 2012 . adjustments not related to volume , including net profit booking rate adjustments and other matters , were approximately $ 75 million lower for 2013 compared to 2012 compared to 2011 aeronautics 2019 net sales for 2012 increased $ 591 million , or 4% ( 4 % ) , compared to 2011 . the increase was attributable to higher net sales of approximately $ 745 million from f-35 production contracts principally due to increased production volume ; about $ 285 million from f-16 programs primarily due to higher aircraft deliveries ( 37 f-16 aircraft delivered in 2012 compared to 22 in 2011 ) partially offset by lower volume on sustainment activities due to the completion of modification programs for certain international customers ; and approximately $ 140 million from c-5 programs due to higher aircraft deliveries ( four c-5m aircraft delivered in 2012 compared to two in 2011 ) . partially offsetting the increases were lower net sales of approximately $ 365 million from decreased production volume and lower risk retirements on the f-22 program as final aircraft deliveries were completed in the second quarter of 2012 ; approximately $ 110 million from the f-35 development contract primarily due to the inception-to-date effect of reducing the profit booking rate in the second quarter of 2012 and to a lesser extent lower volume ; and about $ 95 million from a decrease in volume on other sustainment activities partially offset by various other aeronautics programs due to higher volume . net sales for c-130 programs were comparable to 2011 as a decline in sustainment activities largely was offset by increased aircraft deliveries. .
Question: what was the average net sales from 2011 to 2013
Answer:
|
14479.33333
|
what was the average net sales from 2011 to 2013
|
{
"options": {
"A": "14123",
"B": "14953",
"C": "14362",
"D": "14479.33333"
},
"goldenKey": "D"
}
|
{
"A": "14123",
"B": "14953",
"C": "14362",
"D": "14479.33333"
}
|
D
|
finqa1443
|
Please answer the given financial question based on the context.
Context: masco corporation notes to consolidated financial statements ( continued ) m . employee retirement plans ( continued ) plan assets . our qualified defined-benefit pension plan weighted average asset allocation , which is based upon fair value , was as follows: .
||2018|2017|
|equity securities|34% ( 34 % )|55% ( 55 % )|
|debt securities|49% ( 49 % )|28% ( 28 % )|
|other|17% ( 17 % )|17% ( 17 % )|
|total|100% ( 100 % )|100% ( 100 % )|
for our qualified defined-benefit pension plans , we have adopted accounting guidance that defines fair value , establishes a framework for measuring fair value and prescribes disclosures about fair value measurements . accounting guidance defines fair value as "the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date." following is a description of the valuation methodologies used for assets measured at fair value . there have been no changes in the methodologies used at december 31 , 2018 compared to december 31 , 2017 . common and preferred stocks and short-term and other investments : valued at the closing price reported on the active market on which the individual securities are traded or based on the active market for similar securities . certain investments are valued based on net asset value ( "nav" ) , which approximates fair value . such basis is determined by referencing the respective fund's underlying assets . there are no unfunded commitments or other restrictions associated with these investments . private equity and hedge funds : valued based on an estimated fair value using either a market approach or an income approach , both of which require a significant degree of judgment . there is no active trading market for these investments and they are generally illiquid . due to the significant unobservable inputs , the fair value measurements used to estimate fair value are a level 3 input . certain investments are valued based on nav , which approximates fair value . such basis is determined by referencing the respective fund's underlying assets . there are no unfunded commitments or other restrictions associated with the investments valued at nav . corporate , government and other debt securities : valued based on either the closing price reported on the active market on which the individual securities are traded or using pricing models maximizing the use of observable inputs for similar securities . this includes basing value on yields currently available on comparable securities of issuers with similar credit ratings . certain investments are valued based on nav , which approximates fair value . such basis is determined by referencing the respective fund's underlying assets . there are unfunded commitments of $ 1 million and no other restrictions associated with these investments . common collective trust fund : valued based on an amortized cost basis , which approximates fair value . such basis is determined by reference to the respective fund's underlying assets , which are primarily cash equivalents . there are no unfunded commitments or other restrictions associated with this fund . buy-in annuity : valued based on the associated benefit obligation for which the buy-in annuity covers the benefits , which approximates fair value . such basis is determined based on various assumptions , including the discount rate , long-term rate of return on plan assets and mortality rate . the methods described above may produce a fair value calculation that may not be indicative of net realizable value or reflective of future fair values . furthermore , while we believe our valuation methods are appropriate and consistent with other market participants , the use of different methodologies or assumptions to determine the fair value of certain financial instruments could result in a different fair value measurement at the reporting date . the following tables set forth , by level within the fair value hierarchy , the qualified defined-benefit pension plan assets at fair value as of december 31 , 2018 and 2017 , as well as those valued at nav using the practical expedient , which approximates fair value , in millions. .
Question: in 2018 what was the debt to the equity ratio
Answer:
|
1.44118
|
in 2018 what was the debt to the equity ratio
|
{
"options": {
"A": "0.49",
"B": "1.44118",
"C": "1.78571",
"D": "2.33333"
},
"goldenKey": "B"
}
|
{
"A": "0.49",
"B": "1.44118",
"C": "1.78571",
"D": "2.33333"
}
|
B
|
finqa1445
|
Please answer the given financial question based on the context.
Context: notes to consolidated financial statements the table below presents information regarding group inc . 2019s regulatory capital ratios and tier 1 leverage ratio under basel i , as implemented by the federal reserve board . the information as of december 2013 reflects the revised market risk regulatory capital requirements . these changes resulted in increased regulatory capital requirements for market risk . the information as of december 2012 is prior to the implementation of these revised market risk regulatory capital requirements. .
|$ in millions|as of december 2013|as of december 2012|
|tier 1 capital|$ 72471|$ 66977|
|tier 2 capital|$ 13632|$ 13429|
|total capital|$ 86103|$ 80406|
|risk-weighted assets|$ 433226|$ 399928|
|tier 1 capital ratio|16.7% ( 16.7 % )|16.7% ( 16.7 % )|
|total capital ratio|19.9% ( 19.9 % )|20.1% ( 20.1 % )|
|tier 1 leverage ratio|8.1% ( 8.1 % )|7.3% ( 7.3 % )|
revised capital framework the u.s . federal bank regulatory agencies ( agencies ) have approved revised risk-based capital and leverage ratio regulations establishing a new comprehensive capital framework for u.s . banking organizations ( revised capital framework ) . these regulations are largely based on the basel committee 2019s december 2010 final capital framework for strengthening international capital standards ( basel iii ) and also implement certain provisions of the dodd-frank act . under the revised capital framework , group inc . is an 201cadvanced approach 201d banking organization . below are the aspects of the rules that are most relevant to the firm , as an advanced approach banking organization . definition of capital and capital ratios . the revised capital framework introduced changes to the definition of regulatory capital , which , subject to transitional provisions , became effective across the firm 2019s regulatory capital and leverage ratios on january 1 , 2014 . these changes include the introduction of a new capital measure called common equity tier 1 ( cet1 ) , and the related regulatory capital ratio of cet1 to rwas ( cet1 ratio ) . in addition , the definition of tier 1 capital has been narrowed to include only cet1 and instruments such as perpetual non- cumulative preferred stock , which meet certain criteria . certain aspects of the revised requirements phase in over time . these include increases in the minimum capital ratio requirements and the introduction of new capital buffers and certain deductions from regulatory capital ( such as investments in nonconsolidated financial institutions ) . in addition , junior subordinated debt issued to trusts is being phased out of regulatory capital . the minimum cet1 ratio is 4.0% ( 4.0 % ) as of january 1 , 2014 and will increase to 4.5% ( 4.5 % ) on january 1 , 2015 . the minimum tier 1 capital ratio increased from 4.0% ( 4.0 % ) to 5.5% ( 5.5 % ) on january 1 , 2014 and will increase to 6.0% ( 6.0 % ) beginning january 1 , 2015 . the minimum total capital ratio remains unchanged at 8.0% ( 8.0 % ) . these minimum ratios will be supplemented by a new capital conservation buffer that phases in , beginning january 1 , 2016 , in increments of 0.625% ( 0.625 % ) per year until it reaches 2.5% ( 2.5 % ) on january 1 , 2019 . the revised capital framework also introduces a new counter-cyclical capital buffer , to be imposed in the event that national supervisors deem it necessary in order to counteract excessive credit growth . risk-weighted assets . in february 2014 , the federal reserve board informed us that we have completed a satisfactory 201cparallel run , 201d as required of advanced approach banking organizations under the revised capital framework , and therefore changes to rwas will take effect beginning with the second quarter of 2014 . accordingly , the calculation of rwas in future quarters will be based on the following methodologies : 2030 during the first quarter of 2014 2014 the basel i risk-based capital framework adjusted for certain items related to existing capital deductions and the phase-in of new capital deductions ( basel i adjusted ) ; 2030 during the remaining quarters of 2014 2014 the higher of rwas computed under the basel iii advanced approach or the basel i adjusted calculation ; and 2030 beginning in the first quarter of 2015 2014 the higher of rwas computed under the basel iii advanced or standardized approach . goldman sachs 2013 annual report 191 .
Question: what was the percentage change in tier 2 capital between 2012 and 2013?
Answer:
|
0.01512
|
what was the percentage change in tier 2 capital between 2012 and 2013?
|
{
"options": {
"A": "0.01512",
"B": "0.015",
"C": "0.001512",
"D": "0.0015"
},
"goldenKey": "A"
}
|
{
"A": "0.01512",
"B": "0.015",
"C": "0.001512",
"D": "0.0015"
}
|
A
|
finqa1449
|
Please answer the given financial question based on the context.
Context: the goldman sachs group , inc . and subsidiaries management 2019s discussion and analysis 2030 total aus net inflows/ ( outflows ) for 2014 includes $ 19 billion of fixed income asset inflows in connection with our acquisition of deutsche asset & wealth management 2019s stable value business and $ 6 billion of liquidity products inflows in connection with our acquisition of rbs asset management 2019s money market funds . the table below presents our average monthly assets under supervision by asset class . average for the year ended december $ in billions 2016 2015 2014 .
|$ in billions|average for theyear ended december 2016|average for theyear ended december 2015|average for theyear ended december 2014|
|alternative investments|$ 149|$ 145|$ 145|
|equity|256|247|225|
|fixed income|578|530|499|
|total long-term assets under supervision|983|922|869|
|liquidity products|326|272|248|
|total assets under supervision|$ 1309|$ 1194|$ 1117|
operating environment . following a challenging first quarter of 2016 , market conditions continued to improve with higher asset prices resulting in full year appreciation in our client assets in both equity and fixed income assets . also , our assets under supervision increased during 2016 from net inflows , primarily in fixed income assets , and liquidity products . the mix of our average assets under supervision shifted slightly compared with 2015 from long- term assets under supervision to liquidity products . management fees have been impacted by many factors , including inflows to advisory services and outflows from actively-managed mutual funds . in the future , if asset prices decline , or investors continue the trend of favoring assets that typically generate lower fees or investors withdraw their assets , net revenues in investment management would likely be negatively impacted . during 2015 , investment management operated in an environment generally characterized by strong client net inflows , which more than offset the declines in equity and fixed income asset prices , which resulted in depreciation in the value of client assets , particularly in the third quarter of 2015 . the mix of average assets under supervision shifted slightly from long-term assets under supervision to liquidity products compared with 2014 . 2016 versus 2015 . net revenues in investment management were $ 5.79 billion for 2016 , 7% ( 7 % ) lower than 2015 . this decrease primarily reflected significantly lower incentive fees compared with a strong 2015 . in addition , management and other fees were slightly lower , reflecting shifts in the mix of client assets and strategies , partially offset by the impact of higher average assets under supervision . during the year , total assets under supervision increased $ 127 billion to $ 1.38 trillion . long-term assets under supervision increased $ 75 billion , including net inflows of $ 42 billion , primarily in fixed income assets , and net market appreciation of $ 33 billion , primarily in equity and fixed income assets . in addition , liquidity products increased $ 52 billion . operating expenses were $ 4.65 billion for 2016 , 4% ( 4 % ) lower than 2015 , due to decreased compensation and benefits expenses , reflecting lower net revenues . pre-tax earnings were $ 1.13 billion in 2016 , 17% ( 17 % ) lower than 2015 . 2015 versus 2014 . net revenues in investment management were $ 6.21 billion for 2015 , 3% ( 3 % ) higher than 2014 , due to slightly higher management and other fees , primarily reflecting higher average assets under supervision , and higher transaction revenues . during 2015 , total assets under supervision increased $ 74 billion to $ 1.25 trillion . long-term assets under supervision increased $ 51 billion , including net inflows of $ 71 billion ( which includes $ 18 billion of asset inflows in connection with our acquisition of pacific global advisors 2019 solutions business ) , and net market depreciation of $ 20 billion , both primarily in fixed income and equity assets . in addition , liquidity products increased $ 23 billion . operating expenses were $ 4.84 billion for 2015 , 4% ( 4 % ) higher than 2014 , due to increased compensation and benefits expenses , reflecting higher net revenues . pre-tax earnings were $ 1.37 billion in 2015 , 2% ( 2 % ) lower than 2014 . geographic data see note 25 to the consolidated financial statements for a summary of our total net revenues , pre-tax earnings and net earnings by geographic region . goldman sachs 2016 form 10-k 65 .
Question: in billions , for 2016 , 2015 , and 2014 , what are total alternative investments?
Answer:
|
439.0
|
in billions , for 2016 , 2015 , and 2014 , what are total alternative investments?
|
{
"options": {
"A": "149.0",
"B": "145.0",
"C": "439.0",
"D": "225.0"
},
"goldenKey": "C"
}
|
{
"A": "149.0",
"B": "145.0",
"C": "439.0",
"D": "225.0"
}
|
C
|
finqa1450
|
Please answer the given financial question based on the context.
Context: american tower corporation and subsidiaries notes to consolidated financial statements 2014 ( continued ) as of december 31 , 2006 , the company held a total of ten interest rate swap agreements to manage exposure to variable rate interest obligations under its amt opco and spectrasite credit facilities and four forward starting interest rate swap agreements to manage exposure to variability in cash flows relating to forecasted interest payments in connection with the securitization which the company designated as cash flow hedges . the eight american tower swaps had an aggregate notional amount of $ 450.0 million and fixed rates ranging between 4.63% ( 4.63 % ) and 4.88% ( 4.88 % ) and the two spectrasite swaps have an aggregate notional amount of $ 100.0 million and a fixed rate of 4.95% ( 4.95 % ) . the four forward starting interest rate swap agreements had an aggregate notional amount of $ 900.0 million , fixed rates ranging between 4.73% ( 4.73 % ) and 5.10% ( 5.10 % ) . as of december 31 , 2006 , the company also held three interest rate swap instruments and one interest rate cap instrument that were acquired in the spectrasite , inc . merger in august 2005 and were not designated as cash flow hedges . the three interest rate swaps , which had a fair value of $ 6.7 million at the date of acquisition , have an aggregate notional amount of $ 300.0 million , a fixed rate of 3.88% ( 3.88 % ) . the interest rate cap had a notional amount of $ 175.0 million , a fixed rate of 7.0% ( 7.0 % ) , and expired in february 2006 . as of december 31 , 2006 , other comprehensive income includes unrealized gains on short term available-for-sale securities of $ 10.4 million and unrealized gains related to the interest rate swap agreements in the table above of $ 5.7 million , net of tax . during the year ended december 31 , 2006 , the company recorded a net unrealized gain of approximately $ 6.5 million ( net of a tax provision of approximately $ 3.5 million ) in other comprehensive loss for the change in fair value of interest rate swaps designated as cash flow hedges and reclassified $ 0.7 million ( net of an income tax benefit of $ 0.2 million ) into results of operations during the year ended december 31 , 2006 . 9 . commitments and contingencies lease obligations 2014the company leases certain land , office and tower space under operating leases that expire over various terms . many of the leases contain renewal options with specified increases in lease payments upon exercise of the renewal option . escalation clauses present in operating leases , excluding those tied to cpi or other inflation-based indices , are recognized on a straight-line basis over the non-cancelable term of the lease . ( see note 1. ) future minimum rental payments under non-cancelable operating leases include payments for certain renewal periods at the company 2019s option because failure to renew could result in a loss of the applicable tower site and related revenues from tenant leases , thereby making it reasonably assured that the company will renew the lease . such payments in effect at december 31 , 2007 are as follows ( in thousands ) : year ending december 31 .
|2008|$ 217969|
|2009|215763|
|2010|208548|
|2011|199024|
|2012|190272|
|thereafter|2451496|
|total|$ 3483072|
aggregate rent expense ( including the effect of straight-line rent expense ) under operating leases for the years ended december 31 , 2007 , 2006 and 2005 approximated $ 246.4 million , $ 237.0 million and $ 168.7 million , respectively. .
Question: as of december 312007 what was the percentage of future minimum rental payments under non-cancelable operating leases in 2010
Answer:
|
0.05987
|
as of december 312007 what was the percentage of future minimum rental payments under non-cancelable operating leases in 2010
|
{
"options": {
"A": "0.05987",
"B": "0.06012",
"C": "0.05892",
"D": "0.06125"
},
"goldenKey": "A"
}
|
{
"A": "0.05987",
"B": "0.06012",
"C": "0.05892",
"D": "0.06125"
}
|
A
|
finqa1451
|
Please answer the given financial question based on the context.
Context: table of content part ii item 5 . market for the registrant's common equity , related stockholder matters and issuer purchases of equity securities our common stock is traded on the new york stock exchange under the trading symbol 201chfc . 201d in september 2018 , our board of directors approved a $ 1 billion share repurchase program , which replaced all existing share repurchase programs , authorizing us to repurchase common stock in the open market or through privately negotiated transactions . the timing and amount of stock repurchases will depend on market conditions and corporate , regulatory and other relevant considerations . this program may be discontinued at any time by the board of directors . the following table includes repurchases made under this program during the fourth quarter of 2018 . period total number of shares purchased average price paid per share total number of shares purchased as part of publicly announced plans or programs maximum dollar value of shares that may yet be purchased under the plans or programs .
|period|total number ofshares purchased|average pricepaid per share|total number ofshares purchasedas part of publicly announced plans or programs|maximum dollarvalue of sharesthat may yet bepurchased under the plans or programs|
|october 2018|1360987|$ 66.34|1360987|$ 859039458|
|november 2018|450000|$ 61.36|450000|$ 831427985|
|december 2018|912360|$ 53.93|810000|$ 787613605|
|total for october to december 2018|2723347||2620987||
during the quarter ended december 31 , 2018 , 102360 shares were withheld from certain executives and employees under the terms of our share-based compensation agreements to provide funds for the payment of payroll and income taxes due at vesting of restricted stock awards . as of february 13 , 2019 , we had approximately 97419 stockholders , including beneficial owners holding shares in street name . we intend to consider the declaration of a dividend on a quarterly basis , although there is no assurance as to future dividends since they are dependent upon future earnings , capital requirements , our financial condition and other factors. .
Question: of total repurchases in october to december 2018 , what percentage of shares purchased were part of publicly announced plans or programs?
Answer:
|
0.96241
|
of total repurchases in october to december 2018 , what percentage of shares purchased were part of publicly announced plans or programs?
|
{
"options": {
"A": "0.96241%",
"B": "9.6241%",
"C": "96.241%",
"D": "962.41%"
},
"goldenKey": "A"
}
|
{
"A": "0.96241%",
"B": "9.6241%",
"C": "96.241%",
"D": "962.41%"
}
|
A
|
finqa1452
|
Please answer the given financial question based on the context.
Context: in direct competition with other co2 pipelines . we also compete with other interest owners in the mcelmo dome unit and the bravo dome unit for transportation of co2 to the denver city , texas market area . terminals our terminals segment includes the operations of our refined petroleum product , crude oil , chemical , ethanol and other liquid terminal facilities ( other than those included in the products pipelines segment ) and all of our coal , petroleum coke , fertilizer , steel , ores and other dry-bulk terminal facilities . our terminals are located throughout the u.s . and in portions of canada . we believe the location of our facilities and our ability to provide flexibility to customers help attract new and retain existing customers at our terminals and provide expansion opportunities . we often classify our terminal operations based on the handling of either liquids or dry-bulk material products . in addition , terminals 2019 marine operations include jones act qualified product tankers that provide marine transportation of crude oil , condensate and refined petroleum products in the u.s . the following summarizes our terminals segment assets , as of december 31 , 2016 : number capacity ( mmbbl ) .
||number|capacity ( mmbbl )|
|liquids terminals|51|85.2|
|bulk terminals|37|2014|
|jones act tankers|12|4.0|
competition we are one of the largest independent operators of liquids terminals in north america , based on barrels of liquids terminaling capacity . our liquids terminals compete with other publicly or privately held independent liquids terminals , and terminals owned by oil , chemical , pipeline , and refining companies . our bulk terminals compete with numerous independent terminal operators , terminals owned by producers and distributors of bulk commodities , stevedoring companies and other industrial companies opting not to outsource terminaling services . in some locations , competitors are smaller , independent operators with lower cost structures . our jones act qualified product tankers compete with other jones act qualified vessel fleets. .
Question: what is the average capacity in mmbbl of liquids terminals?
Answer:
|
1.67059
|
what is the average capacity in mmbbl of liquids terminals?
|
{
"options": {
"A": "85.2 mmbbl",
"B": "51 mmbbl",
"C": "37 mmbbl",
"D": "1.67059 mmbbl"
},
"goldenKey": "D"
}
|
{
"A": "85.2 mmbbl",
"B": "51 mmbbl",
"C": "37 mmbbl",
"D": "1.67059 mmbbl"
}
|
D
|
finqa1455
|
Please answer the given financial question based on the context.
Context: adobe systems incorporated notes to consolidated financial statements ( continued ) note 15 . commitments and contingencies lease commitments we lease certain of our facilities and some of our equipment under non-cancellable operating lease arrangements that expire at various dates through 2028 . we also have one land lease that expires in 2091 . rent expense includes base contractual rent and variable costs such as building expenses , utilities , taxes , insurance and equipment rental . rent expense and sublease income for these leases for fiscal 2014 , 2013 and 2012 were as follows ( in thousands ) : .
||2014|2013|2012|
|rent expense|$ 111149|$ 118976|$ 105809|
|less : sublease income|1412|3057|2330|
|net rent expense|$ 109737|$ 115919|$ 103479|
we occupy three office buildings in san jose , california where our corporate headquarters are located . we reference these office buildings as the almaden tower and the east and west towers . in august 2014 , we exercised our option to purchase the east and west towers for a total purchase price of $ 143.2 million . upon purchase , our investment in the lease receivable of $ 126.8 million was credited against the total purchase price and we were no longer required to maintain a standby letter of credit as stipulated in the east and west towers lease agreement . we capitalized the east and west towers as property and equipment on our consolidated balance sheets at $ 144.1 million , the lesser of cost or fair value , which represented the total purchase price plus other direct costs associated with the purchase . see note 6 for discussion of our east and west towers purchase . the lease agreement for the almaden tower is effective through march 2017 . we are the investors in the lease receivable related to the almaden tower lease in the amount of $ 80.4 million , which is recorded as investment in lease receivable on our consolidated balance sheets . as of november 28 , 2014 , the carrying value of the lease receivable related to the almaden tower approximated fair value . under the agreement for the almaden tower , we have the option to purchase the building at any time during the lease term for $ 103.6 million . if we purchase the building , the investment in the lease receivable may be credited against the purchase price . the residual value guarantee under the almaden tower obligation is $ 89.4 million . the almaden tower lease is subject to standard covenants including certain financial ratios that are reported to the lessor quarterly . as of november 28 , 2014 , we were in compliance with all of the covenants . in the case of a default , the lessor may demand we purchase the building for an amount equal to the lease balance , or require that we remarket or relinquish the building . if we choose to remarket or are required to do so upon relinquishing the building , we are bound to arrange the sale of the building to an unrelated party and will be required to pay the lessor any shortfall between the net remarketing proceeds and the lease balance , up to the residual value guarantee amount less our investment in lease receivable . the almaden tower lease qualifies for operating lease accounting treatment and , as such , the building and the related obligation are not included in our consolidated balance sheets . see note 16 for discussion of our capital lease obligation . unconditional purchase obligations our purchase obligations consist of agreements to purchase goods and services entered into in the ordinary course of business. .
Question: what portion of the rent expense is covered through sublease income in 2014?
Answer:
|
0.0127
|
what portion of the rent expense is covered through sublease income in 2014?
|
{
"options": {
"A": "0.0127",
"B": "0.0273",
"C": "0.0221",
"D": "0.0178"
},
"goldenKey": "A"
}
|
{
"A": "0.0127",
"B": "0.0273",
"C": "0.0221",
"D": "0.0178"
}
|
A
|
finqa1456
|
Please answer the given financial question based on the context.
Context: item 2 . properties at december 31 , 2017 , we owned or leased building space ( including offices , manufacturing plants , warehouses , service centers , laboratories and other facilities ) at approximately 375 locations primarily in the u.s . additionally , we manage or occupy approximately 15 government-owned facilities under lease and other arrangements . at december 31 , 2017 , we had significant operations in the following locations : 2022 aeronautics - palmdale , california ; marietta , georgia ; greenville , south carolina ; and fort worth , texas . 2022 missiles and fire control - camdenarkansas ; ocala and orlando , florida ; lexington , kentucky ; and grand prairie , texas . 2022 rotary andmission systems - colorado springs , colorado ; shelton and stratford , connecticut ; orlando and jupiter , florida ; moorestown/mt . laurel , new jersey ; owego and syracuse , new york ; manassas , virginia ; and mielec , poland . 2022 space - sunnyvale , california ; denver , colorado ; valley forge , pennsylvania ; and reading , england . 2022 corporate activities - bethesda , maryland . the following is a summary of our square feet of floor space by business segment at december 31 , 2017 ( in millions ) : owned leased government- owned total .
||owned|leased|government-owned|total|
|aeronautics|5.0|2.1|14.4|21.5|
|missiles and fire control|6.3|2.8|1.8|10.9|
|rotary and mission systems|11.2|6.6|0.4|18.2|
|space|8.6|1.9|6.7|17.2|
|corporate activities|2.7|0.9|2014|3.6|
|total|33.8|14.3|23.3|71.4|
we believe our facilities are in good condition and adequate for their current use.wemay improve , replace or reduce facilities as considered appropriate to meet the needs of our operations . item 3 . legal proceedings we are a party to or have property subject to litigation and other proceedings that arise in the ordinary course of our business , including matters arising under provisions relating to the protection of the environment and are subject to contingencies related to certain businesses we previously owned . these types of matters could result in fines , penalties , compensatory or treble damages or non-monetary sanctions or relief . we believe the probability is remote that the outcome of each of these matters will have a material adverse effect on the corporation as a whole , notwithstanding that the unfavorable resolution of any matter may have a material effect on our net earnings in any particular interim reporting period . we cannot predict the outcome of legal or other proceedings with certainty . these matters include the proceedings summarized in 201cnote 14 2013 legal proceedings , commitments and contingencies 201d included in our notes to consolidated financial statements . we are subject to federal , state , local and foreign requirements for protection of the environment , including those for discharge ofhazardousmaterials and remediationof contaminated sites.due inpart to thecomplexity andpervasivenessof these requirements , we are a party to or have property subject to various lawsuits , proceedings and remediation obligations . the extent of our financial exposure cannot in all cases be reasonably estimated at this time . for information regarding these matters , including current estimates of the amounts that we believe are required for remediation or clean-up to the extent estimable , see 201ccriticalaccounting policies - environmental matters 201d in management 2019s discussion and analysis of financial condition and results of operations and 201cnote 14 2013 legal proceedings , commitments andcontingencies 201d included in ournotes to consolidated financial statements . as a u.s . government contractor , we are subject to various audits and investigations by the u.s . government to determine whetherouroperations arebeingconducted in accordancewith applicable regulatory requirements.u.s.government investigations of us , whether relating to government contracts or conducted for other reasons , could result in administrative , civil , or criminal liabilities , including repayments , fines or penalties being imposed upon us , suspension , proposed debarment , debarment from eligibility for future u.s . government contracting , or suspension of export privileges . suspension or debarment could have a material adverse effect on us because of our dependence on contracts with the u.s . government . u.s . government investigations often take years to complete and many result in no adverse action against us . we also provide products and services to customers outside of the u.s. , which are subject to u.s . and foreign laws and regulations and foreign procurement policies and practices . our compliance with local regulations or applicable u.s . government regulations also may be audited or investigated . item 4 . mine safety disclosures not applicable. .
Question: at december 31 , 2017 what was the percent of the total owned square feet applicable to aeronautics 5.0
Answer:
|
0.14793
|
at december 31 , 2017 what was the percent of the total owned square feet applicable to aeronautics 5.0
|
{
"options": {
"A": "0.14793%",
"B": "1.4793%",
"C": "14.793%",
"D": "147.93%"
},
"goldenKey": "A"
}
|
{
"A": "0.14793%",
"B": "1.4793%",
"C": "14.793%",
"D": "147.93%"
}
|
A
|
finqa1457
|
Please answer the given financial question based on the context.
Context: entergy louisiana , llc and subsidiaries management 2019s financial discussion and analysis in industrial usage is primarily due to increased demand from new customers and expansion projects , primarily in the chemicals industry . the louisiana act 55 financing savings obligation variance results from a regulatory charge for tax savings to be shared with customers per an agreement approved by the lpsc . the tax savings resulted from the 2010-2011 irs audit settlement on the treatment of the louisiana act 55 financing of storm costs for hurricane gustav and hurricane ike . see note 3 to the financial statements for additional discussion of the settlement and benefit sharing . included in other is a provision of $ 23 million recorded in 2016 related to the settlement of the waterford 3 replacement steam generator prudence review proceeding , offset by a provision of $ 32 million recorded in 2015 related to the uncertainty at that time associated with the resolution of the waterford 3 replacement steam generator prudence review proceeding . see note 2 to the financial statements for a discussion of the waterford 3 replacement steam generator prudence review proceeding . 2015 compared to 2014 net revenue consists of operating revenues net of : 1 ) fuel , fuel-related expenses , and gas purchased for resale , 2 ) purchased power expenses , and 3 ) other regulatory charges ( credits ) . following is an analysis of the change in net revenue comparing 2015 to 2014 . amount ( in millions ) .
||amount ( in millions )|
|2014 net revenue|$ 2246.1|
|retail electric price|180.0|
|volume/weather|39.5|
|waterford 3 replacement steam generator provision|-32.0 ( 32.0 )|
|miso deferral|-32.0 ( 32.0 )|
|other|7.2|
|2015 net revenue|$ 2408.8|
the retail electric price variance is primarily due to formula rate plan increases , as approved by the lpsc , effective december 2014 and january 2015 . entergy louisiana 2019s formula rate plan increases are discussed in note 2 to the financial statements . the volume/weather variance is primarily due to an increase of 841 gwh , or 2% ( 2 % ) , in billed electricity usage , as a result of increased industrial usage primarily due to increased demand for existing large refinery customers , new customers , and expansion projects primarily in the chemicals industry , partially offset by a decrease in demand in the chemicals industry as a result of a seasonal outage for an existing customer . the waterford 3 replacement steam generator provision is due to a regulatory charge of approximately $ 32 million recorded in 2015 related to the uncertainty associated with the resolution of the waterford 3 replacement steam generator project . see note 2 to the financial statements for a discussion of the waterford 3 replacement steam generator prudence review proceeding . the miso deferral variance is due to the deferral in 2014 of non-fuel miso-related charges , as approved by the lpsc . the deferral of non-fuel miso-related charges is partially offset in other operation and maintenance expenses . see note 2 to the financial statements for further discussion of the recovery of non-fuel miso-related charges. .
Question: what is the growth rate in net revenue in 2015 for entergy louisiana?
Answer:
|
0.07244
|
what is the growth rate in net revenue in 2015 for entergy louisiana?
|
{
"options": {
"A": "0.07244",
"B": "0.072",
"C": "0.074",
"D": "0.070"
},
"goldenKey": "A"
}
|
{
"A": "0.07244",
"B": "0.072",
"C": "0.074",
"D": "0.070"
}
|
A
|
finqa1461
|
Please answer the given financial question based on the context.
Context: own debt valuation adjustments ( dva ) own debt valuation adjustments are recognized on citi 2019s liabilities for which the fair value option has been elected using citi 2019s credit spreads observed in the bond market . effective january 1 , 2016 , changes in fair value of fair value option liabilities related to changes in citigroup 2019s own credit spreads ( dva ) are reflected as a component of aoci . see note 1 to the consolidated financial statements for additional information . among other variables , the fair value of liabilities for which the fair value option has been elected ( other than non-recourse and similar liabilities ) is impacted by the narrowing or widening of the company 2019s credit spreads . the estimated changes in the fair value of these liabilities due to such changes in the company 2019s own credit spread ( or instrument-specific credit risk ) were a gain of $ 1415 million and a loss of $ 680 million for the years ended december 31 , 2018 and 2017 , respectively . changes in fair value resulting from changes in instrument-specific credit risk were estimated by incorporating the company 2019s current credit spreads observable in the bond market into the relevant valuation technique used to value each liability as described above . the fair value option for financial assets and financial liabilities selected portfolios of securities purchased under agreements to resell , securities borrowed , securities sold under agreements to repurchase , securities loaned and certain non-collateralized short-term borrowings the company elected the fair value option for certain portfolios of fixed income securities purchased under agreements to resell and fixed income securities sold under agreements to repurchase , securities borrowed , securities loaned and certain non-collateralized short-term borrowings held primarily by broker-dealer entities in the united states , united kingdom and japan . in each case , the election was made because the related interest rate risk is managed on a portfolio basis , primarily with offsetting derivative instruments that are accounted for at fair value through earnings . changes in fair value for transactions in these portfolios are recorded in principal transactions . the related interest revenue and interest expense are measured based on the contractual rates specified in the transactions and are reported as interest revenue and interest expense in the consolidated statement of income . certain loans and other credit products citigroup has also elected the fair value option for certain other originated and purchased loans , including certain unfunded loan products , such as guarantees and letters of credit , executed by citigroup 2019s lending and trading businesses . none of these credit products are highly leveraged financing commitments . significant groups of transactions include loans and unfunded loan products that are expected to be either sold or securitized in the near term , or transactions where the economic risks are hedged with derivative instruments , such as purchased credit default swaps or total return swaps where the company pays the total return on the underlying loans to a third party . citigroup has elected the fair value option to mitigate accounting mismatches in cases where hedge accounting is complex and to achieve operational simplifications . fair value was not elected for most lending transactions across the company . the following table provides information about certain credit products carried at fair value: .
|in millions of dollars|december 31 2018 trading assets|december 31 2018 loans|december 31 2018 trading assets|loans|
|carrying amount reported on the consolidated balance sheet|$ 10108|$ 3224|$ 8851|$ 4374|
|aggregate unpaid principal balance in excess of fair value|435|741|623|682|
|balance of non-accrual loans or loans more than 90 days past due|2014|1|2014|1|
|aggregate unpaid principal balance in excess of fair value for non-accrual loans or loans more than 90 days past due|2014|2014|2014|1|
in addition to the amounts reported above , $ 1137 million and $ 508 million of unfunded commitments related to certain credit products selected for fair value accounting were outstanding as of december 31 , 2018 and 2017 , respectively. .
Question: what was the difference in millions of carrying amount reported on the consolidated balance sheet for loans between 2018 and the year prior?
Answer:
|
-1150.0
|
what was the difference in millions of carrying amount reported on the consolidated balance sheet for loans between 2018 and the year prior?
|
{
"options": {
"A": "-1150.0",
"B": "1150.0",
"C": "-2073.0",
"D": "2073.0"
},
"goldenKey": "A"
}
|
{
"A": "-1150.0",
"B": "1150.0",
"C": "-2073.0",
"D": "2073.0"
}
|
A
|
finqa1462
|
Please answer the given financial question based on the context.
Context: 10-k altria ar release tuesday , february 27 , 2018 10:00pm andra design llc performance stock units : in january 2017 , altria group , inc . granted an aggregate of 187886 performance stock units to eligible employees . the payout of the performance stock units requires the achievement of certain performance measures , which were predetermined at the time of grant , over a three-year performance cycle . these performance measures consist of altria group , inc . 2019s adjusted diluted earnings per share ( 201ceps 201d ) compounded annual growth rate and altria group , inc . 2019s total shareholder return relative to a predetermined peer group . the performance stock units are also subject to forfeiture if certain employment conditions are not met . at december 31 , 2017 , altria group , inc . had 170755 performance stock units remaining , with a weighted-average grant date fair value of $ 70.39 per performance stock unit . the fair value of the performance stock units at the date of grant , net of estimated forfeitures , is amortized to expense over the performance period . altria group , inc . recorded pre-tax compensation expense related to performance stock units for the year ended december 31 , 2017 of $ 6 million . the unamortized compensation expense related to altria group , inc . 2019s performance stock units was $ 7 million at december 31 , 2017 . altria group , inc . did not grant any performance stock units during 2016 and 2015 . note 12 . earnings per share basic and diluted eps were calculated using the following: .
|( in millions )|for the years ended december 31 , 2017|for the years ended december 31 , 2016|for the years ended december 31 , 2015|
|net earnings attributable to altria group inc .|$ 10222|$ 14239|$ 5241|
|less : distributed and undistributed earnings attributable to share-based awards|-14 ( 14 )|-24 ( 24 )|-10 ( 10 )|
|earnings for basic and diluted eps|$ 10208|$ 14215|$ 5231|
|weighted-average shares for basic and diluted eps|1921|1952|1961|
net earnings attributable to altria group , inc . $ 10222 $ 14239 $ 5241 less : distributed and undistributed earnings attributable to share-based awards ( 14 ) ( 24 ) ( 10 ) earnings for basic and diluted eps $ 10208 $ 14215 $ 5231 weighted-average shares for basic and diluted eps 1921 1952 1961 .
Question: what is the percent change in earnings for basic and diluted eps from 2016 to 2017?
Answer:
|
0.39254
|
what is the percent change in earnings for basic and diluted eps from 2016 to 2017?
|
{
"options": {
"A": "0.39254%",
"B": "3.9254%",
"C": "39.254%",
"D": "392.54%"
},
"goldenKey": "A"
}
|
{
"A": "0.39254%",
"B": "3.9254%",
"C": "39.254%",
"D": "392.54%"
}
|
A
|
finqa1463
|
Please answer the given financial question based on the context.
Context: in the fourth quarter of 2002 , aes lost voting control of one of the holding companies in the cemig ownership structure . this holding company indirectly owns the shares related to the cemig investment and indirectly holds the project financing debt related to cemig . as a result of the loss of voting control , aes stopped consolidating this holding company at december 31 , 2002 . other . during the fourth quarter of 2003 , the company sold its 25% ( 25 % ) ownership interest in medway power limited ( 2018 2018mpl 2019 2019 ) , a 688 mw natural gas-fired combined cycle facility located in the united kingdom , and aes medway operations limited ( 2018 2018aesmo 2019 2019 ) , the operating company for the facility , in an aggregate transaction valued at approximately a347 million ( $ 78 million ) . the sale resulted in a gain of $ 23 million which was recorded in continuing operations . mpl and aesmo were previously reported in the contract generation segment . in the second quarter of 2002 , the company sold its investment in empresa de infovias s.a . ( 2018 2018infovias 2019 2019 ) , a telecommunications company in brazil , for proceeds of $ 31 million to cemig , an affiliated company . the loss recorded on the sale was approximately $ 14 million and is recorded as a loss on sale of assets and asset impairment expenses in the accompanying consolidated statements of operations . in the second quarter of 2002 , the company recorded an impairment charge of approximately $ 40 million , after income taxes , on an equity method investment in a telecommunications company in latin america held by edc . the impairment charge resulted from sustained poor operating performance coupled with recent funding problems at the invested company . during 2001 , the company lost operational control of central electricity supply corporation ( 2018 2018cesco 2019 2019 ) , a distribution company located in the state of orissa , india . the state of orissa appointed an administrator to take operational control of cesco . cesco is accounted for as a cost method investment . aes 2019s investment in cesco is negative . in august 2000 , a subsidiary of the company acquired a 49% ( 49 % ) interest in songas for approximately $ 40 million . the company acquired an additional 16.79% ( 16.79 % ) of songas for approximately $ 12.5 million , and the company began consolidating this entity in 2002 . songas owns the songo songo gas-to-electricity project in tanzania . in december 2002 , the company signed a sales purchase agreement to sell 100% ( 100 % ) of our ownership interest in songas . the sale of songas closed in april 2003 ( see note 4 for further discussion of the transaction ) . the following tables present summarized comparative financial information ( in millions ) of the entities in which the company has the ability to exercise significant influence but does not control and that are accounted for using the equity method. .
|as of and for the years ended december 31,|2003|2002 ( 1 )|2001 ( 1 )|
|revenues|$ 2758|$ 2832|$ 6147|
|operating income|1039|695|1717|
|net income|407|229|650|
|current assets|1347|1097|3700|
|noncurrent assets|7479|6751|14942|
|current liabilities|1434|1418|3510|
|noncurrent liabilities|3795|3349|8297|
|stockholder's equity|3597|3081|6835|
( 1 ) includes information pertaining to eletropaulo and light prior to february 2002 . in 2002 and 2001 , the results of operations and the financial position of cemig were negatively impacted by the devaluation of the brazilian real and the impairment charge recorded in 2002 . the brazilian real devalued 32% ( 32 % ) and 19% ( 19 % ) for the years ended december 31 , 2002 and 2001 , respectively. .
Question: in 2003 what are net current assets for entities accounted for using the equity method , in millions?
Answer:
|
-87.0
|
in 2003 what are net current assets for entities accounted for using the equity method , in millions?
|
{
"options": {
"A": "1347",
"B": "1434",
"C": "-87.0",
"D": "407"
},
"goldenKey": "C"
}
|
{
"A": "1347",
"B": "1434",
"C": "-87.0",
"D": "407"
}
|
C
|
finqa1464
|
Please answer the given financial question based on the context.
Context: consolidated 2005 results of operations was an estimated reduction of gross profit and a corresponding decrease to inventory , at cost , of $ 5.2 million . store pre-opening costs pre-opening costs related to new store openings and the construction periods are expensed as incurred . property and equipment property and equipment are recorded at cost . the company provides for depreciation and amortization on a straight-line basis over the following estimated useful lives: .
|land improvements|20|
|buildings|39-40|
|furniture fixtures and equipment|3-10|
improvements of leased properties are amortized over the shorter of the life of the applicable lease term or the estimated useful life of the asset . impairment of long-lived assets when indicators of impairment are present , the company evaluates the carrying value of long-lived assets , other than goodwill , in relation to the operating performance and future cash flows or the appraised values of the underlying assets . in accordance with sfas 144 , 201caccounting for the impairment or disposal of long-lived assets , 201d the company reviews for impairment stores open more than two years for which current cash flows from operations are negative . impairment results when the carrying value of the assets exceeds the undiscounted future cash flows over the life of the lease . the company 2019s estimate of undiscounted future cash flows over the lease term is based upon historical operations of the stores and estimates of future store profitability which encompasses many factors that are subject to variability and difficult to predict . if a long-lived asset is found to be impaired , the amount recognized for impairment is equal to the difference between the carrying value and the asset 2019s fair value . the fair value is estimated based primarily upon future cash flows ( discounted at the company 2019s credit adjusted risk-free rate ) or other reasonable estimates of fair market value . assets to be disposed of are adjusted to the fair value less the cost to sell if less than the book value . the company recorded impairment charges , included in sg&a expense , of approximately $ 9.4 million in 2006 , $ 0.6 million in 2005 and $ 0.2 million in 2004 to reduce the carrying value of certain of its stores 2019 assets as deemed necessary due to negative sales trends and cash flows at these locations . the majority of the 2006 charges were recorded pursuant to certain strategic initiatives discussed in note 2 . other assets other assets consist primarily of long-term investments , qualifying prepaid expenses , debt issuance costs which are amortized over the life of the related obligations , utility and security deposits , life insurance policies and goodwill. .
Question: what is the total impairment charge recorded in the lat three years , in millions?
Answer:
|
10.2
|
what is the total impairment charge recorded in the lat three years , in millions?
|
{
"options": {
"A": "9.4",
"B": "0.6",
"C": "0.2",
"D": "10.2"
},
"goldenKey": "D"
}
|
{
"A": "9.4",
"B": "0.6",
"C": "0.2",
"D": "10.2"
}
|
D
|
finqa1465
|
Please answer the given financial question based on the context.
Context: average revenue per car 2010 2009 2008 % ( % ) change 2010 v 2009 % ( % ) change 2009 v 2008 .
|average revenue per car|2010|2009|2008|% ( % ) change 2010 v 2009|% ( % ) change 2009 v 2008|
|agricultural|$ 3286|$ 3080|$ 3352|7% ( 7 % )|( 8 ) % ( % )|
|automotive|2082|1838|2017|13|-9 ( 9 )|
|chemicals|2874|2761|2818|4|-2 ( 2 )|
|energy|1697|1543|1622|10|-5 ( 5 )|
|industrial products|2461|2388|2620|3|-9 ( 9 )|
|intermodal|974|896|955|9|-6 ( 6 )|
|average|$ 1823|$ 1718|$ 1848|6% ( 6 % )|( 7 ) % ( % )|
agricultural products 2013 higher volume , fuel surcharges , and price improvements increased agricultural freight revenue in 2010 versus 2009 . increased shipments from the midwest to export ports in the pacific northwest combined with heightened demand in mexico drove higher corn and feed grain shipments in 2010 . increased corn and feed grain shipments into ethanol plants in california and idaho and continued growth in ethanol shipments also contributed to this increase . in 2009 , some ethanol plants temporarily ceased operations due to lower ethanol margins , which contributed to the favorable year-over-year comparison . in addition , strong export demand for u.s . wheat via the gulf ports increased shipments of wheat and food grains compared to 2009 . declines in domestic wheat and food shipments partially offset the growth in export shipments . new business in feed and animal protein shipments also increased agricultural shipments in 2010 compared to 2009 . lower volume and fuel surcharges decreased agricultural freight revenue in 2009 versus 2008 . price improvements partially offset these declines . lower demand in both export and domestic markets led to fewer shipments of corn and feed grains , down 11% ( 11 % ) in 2009 compared to 2008 . weaker worldwide demand also reduced export shipments of wheat and food grains in 2009 versus 2008 . automotive 2013 37% ( 37 % ) and 24% ( 24 % ) increases in shipments of finished vehicles and automotive parts in 2010 , respectively , combined with core pricing gains and fuel surcharges , improved automotive freight revenue from relatively weak 2009 levels . economic conditions in 2009 led to poor auto sales and reduced vehicle production , which in turn reduced shipments of finished vehicles and parts during the declines in shipments of finished vehicles and auto parts and lower fuel surcharges reduced freight revenue in 2009 compared to 2008 . vehicle shipments were down 35% ( 35 % ) and parts were down 24% ( 24 % ) . core pricing gains partially offset these declines . these volume declines resulted from economic conditions that reduced sales and vehicle production . in addition , two major domestic automotive manufacturers declared bankruptcy in the second quarter of 2009 , affecting production levels . although the federal car allowance rebate system ( the 201ccash for clunkers 201d program ) helped stimulate vehicle sales and shipments in the third quarter of 2009 , production cuts and soft demand throughout the year more than offset the program 2019s benefits . 2010 agricultural revenue 2010 automotive revenue .
Question: in 2010 what was the average revenue per car for agriculture products compared to automotive
Answer:
|
1.57829
|
in 2010 what was the average revenue per car for agriculture products compared to automotive
|
{
"options": {
"A": "1.57829",
"B": "1.37829",
"C": "1.67829",
"D": "1.27829"
},
"goldenKey": "A"
}
|
{
"A": "1.57829",
"B": "1.37829",
"C": "1.67829",
"D": "1.27829"
}
|
A
|
finqa1466
|
Please answer the given financial question based on the context.
Context: a wholly-owned subsidiary of the company is a registered life insurance company that maintains separate account assets , representing segregated funds held for purposes of funding individual and group pension contracts , and equal and offsetting separate account liabilities . at decem - ber 31 , 2008 and 2007 , the level 3 separate account assets were approximately $ 4 and $ 12 , respectively . the changes in level 3 assets primarily relate to purchases , sales and gains/ ( losses ) . the net investment income and net gains and losses attributable to separate account assets accrue directly to the contract owner and are not reported as non-operating income ( expense ) on the consolidated statements of income . level 3 assets , which includes equity method investments or consolidated investments of real estate funds , private equity funds and funds of private equity funds are valued based upon valuations received from internal as well as third party fund managers . fair valuations at the underlying funds are based on a combination of methods which may include third-party independent appraisals and discounted cash flow techniques . direct investments in private equity companies held by funds of private equity funds are valued based on an assessment of each under - lying investment , incorporating evaluation of additional significant third party financing , changes in valuations of comparable peer companies and the business environment of the companies , among other factors . see note 2 for further detail on the fair value policies by the underlying funds . changes in level 3 assets measured at fair value on a recurring basis for the year ended december 31 , 2008 .
||investments|other assets|
|december 31 2007|$ 1240|$ 2014|
|realized and unrealized gains / ( losses ) net|-409 ( 409 )|-16 ( 16 )|
|purchases sales other settlements and issuances net|11|2|
|net transfers in and/or out of level 3|-29 ( 29 )|78|
|december 31 2008|$ 813|$ 64|
|total net ( losses ) for the period included in earnings attributable to the change in unrealized gains or ( losses ) relating to assets stillheld at the reporting date|$ -366 ( 366 )|$ -17 ( 17 )|
total net ( losses ) for the period included in earnings attributable to the change in unrealized gains or ( losses ) relating to assets still held at the reporting date $ ( 366 ) $ ( 17 ) realized and unrealized gains and losses recorded for level 3 assets are reported in non-operating income ( expense ) on the consolidated statements of income . non-controlling interest expense is recorded for consoli- dated investments to reflect the portion of gains and losses not attributable to the company . the company transfers assets in and/or out of level 3 as significant inputs , including performance attributes , used for the fair value measurement become observable . 6 . variable interest entities in the normal course of business , the company is the manager of various types of sponsored investment vehicles , including collateralized debt obligations and sponsored investment funds , that may be considered vies . the company receives management fees or other incen- tive related fees for its services and may from time to time own equity or debt securities or enter into derivatives with the vehicles , each of which are considered variable inter- ests . the company engages in these variable interests principally to address client needs through the launch of such investment vehicles . the vies are primarily financed via capital contributed by equity and debt holders . the company 2019s involvement in financing the operations of the vies is limited to its equity interests , unfunded capital commitments for certain sponsored investment funds and its capital support agreements for two enhanced cash funds . the primary beneficiary of a vie is the party that absorbs a majority of the entity 2019s expected losses , receives a major - ity of the entity 2019s expected residual returns or both as a result of holding variable interests . in order to determine whether the company is the primary beneficiary of a vie , management must make significant estimates and assumptions of probable future cash flows and assign probabilities to different cash flow scenarios . assumptions made in such analyses include , but are not limited to , market prices of securities , market interest rates , poten- tial credit defaults on individual securities or default rates on a portfolio of securities , gain realization , liquidity or marketability of certain securities , discount rates and the probability of certain other outcomes . vies in which blackrock is the primary beneficiary at december 31 , 2008 , the company was the primary beneficiary of three vies , which resulted in consolidation of three sponsored investment funds ( including two cash management funds and one private equity fund of funds ) . creditors of the vies do not have recourse to the credit of the company . during 2008 , the company determined it became the primary beneficiary of two enhanced cash management funds as a result of concluding that under various cash 177528_txt_59_96:layout 1 3/26/09 10:32 pm page 73 .
Question: what percent did the realized and unrealized losses effect the assets as of 2008?
Answer:
|
0.3347
|
what percent did the realized and unrealized losses effect the assets as of 2008?
|
{
"options": {
"A": "0.3347%",
"B": "3.347%",
"C": "33.47%",
"D": "334.7%"
},
"goldenKey": "A"
}
|
{
"A": "0.3347%",
"B": "3.347%",
"C": "33.47%",
"D": "334.7%"
}
|
A
|
finqa1467
|
Please answer the given financial question based on the context.
Context: changes in the fair value of funded and unfunded credit products are classified in principal transactions in citi 2019s consolidated statement of income . related interest revenue is measured based on the contractual interest rates and reported as interest revenue on trading account assets or loan interest depending on the balance sheet classifications of the credit products . the changes in fair value for the years ended december 31 , 2018 and 2017 due to instrument-specific credit risk totaled to a loss of $ 27 million and a gain of $ 10 million , respectively . certain investments in unallocated precious metals citigroup invests in unallocated precious metals accounts ( gold , silver , platinum and palladium ) as part of its commodity and foreign currency trading activities or to economically hedge certain exposures from issuing structured liabilities . under asc 815 , the investment is bifurcated into a debt host contract and a commodity forward derivative instrument . citigroup elects the fair value option for the debt host contract , and reports the debt host contract within trading account assets on the company 2019s consolidated balance sheet . the total carrying amount of debt host contracts across unallocated precious metals accounts was approximately $ 0.4 billion and $ 0.9 billion at december 31 , 2018 and 2017 , respectively . the amounts are expected to fluctuate based on trading activity in future periods . as part of its commodity and foreign currency trading activities , citi trades unallocated precious metals investments and executes forward purchase and forward sale derivative contracts with trading counterparties . when citi sells an unallocated precious metals investment , citi 2019s receivable from its depository bank is repaid and citi derecognizes its investment in the unallocated precious metal . the forward purchase or sale contract with the trading counterparty indexed to unallocated precious metals is accounted for as a derivative , at fair value through earnings . as of december 31 , 2018 , there were approximately $ 13.7 billion and $ 10.3 billion in notional amounts of such forward purchase and forward sale derivative contracts outstanding , respectively . certain investments in private equity and real estate ventures and certain equity method and other investments citigroup invests in private equity and real estate ventures for the purpose of earning investment returns and for capital appreciation . the company has elected the fair value option for certain of these ventures , because such investments are considered similar to many private equity or hedge fund activities in citi 2019s investment companies , which are reported at fair value . the fair value option brings consistency in the accounting and evaluation of these investments . all investments ( debt and equity ) in such private equity and real estate entities are accounted for at fair value . these investments are classified as investments on citigroup 2019s consolidated balance sheet . changes in the fair values of these investments are classified in other revenue in the company 2019s consolidated statement of income . citigroup also elected the fair value option for certain non-marketable equity securities whose risk is managed with derivative instruments that are accounted for at fair value through earnings . these securities are classified as trading account assets on citigroup 2019s consolidated balance sheet . changes in the fair value of these securities and the related derivative instruments are recorded in principal transactions . effective january 1 , 2018 under asu 2016-01 and asu 2018-03 , a fair value option election is no longer required to measure these non-marketable equity securities through earnings . see note 1 to the consolidated financial statements for additional details . certain mortgage loans held-for-sale citigroup has elected the fair value option for certain purchased and originated prime fixed-rate and conforming adjustable-rate first mortgage loans hfs . these loans are intended for sale or securitization and are hedged with derivative instruments . the company has elected the fair value option to mitigate accounting mismatches in cases where hedge accounting is complex and to achieve operational simplifications . the following table provides information about certain mortgage loans hfs carried at fair value: .
|in millions of dollars|december 312018|december 31 2017|
|carrying amount reported on the consolidated balance sheet|$ 556|$ 426|
|aggregate fair value in excess of ( less than ) unpaid principal balance|21|14|
|balance of non-accrual loans or loans more than 90 days past due|2014|2014|
|aggregate unpaid principal balance in excess of fair value for non-accrual loans or loans more than 90 days past due|2014|2014|
the changes in the fair values of these mortgage loans are reported in other revenue in the company 2019s consolidated statement of income . there was no net change in fair value during the years ended december 31 , 2018 and 2017 due to instrument-specific credit risk . related interest income continues to be measured based on the contractual interest rates and reported as interest revenue in the consolidated statement of income. .
Question: what was the change in millions in the carrying amount reported on the consolidate balance sheet from 2017 to 2018?
Answer:
|
130.0
|
what was the change in millions in the carrying amount reported on the consolidate balance sheet from 2017 to 2018?
|
{
"options": {
"A": "21.0",
"B": "14.0",
"C": "130.0",
"D": "2014.0"
},
"goldenKey": "C"
}
|
{
"A": "21.0",
"B": "14.0",
"C": "130.0",
"D": "2014.0"
}
|
C
|
finqa1468
|
Please answer the given financial question based on the context.
Context: of global business , there are many transactions and calculations where the ultimate tax outcome is uncertain . some of these uncertainties arise as a consequence of cost reimbursement arrangements among related entities . although the company believes its estimates are reasonable , no assurance can be given that the final tax outcome of these matters will not be different than that which is reflected in the historical income tax provisions and accruals . such differences could have a material impact on the company 2019s income tax provision and operating results in the period in which such determination is made . on november 4 , 2007 ( the first day of its 2008 fiscal year ) , the company adopted new accounting principles on accounting for uncertain tax positions . these principles require companies to determine whether it is 201cmore likely than not 201d that a tax position will be sustained upon examination by the appropriate taxing authorities before any benefit can be recorded in the financial statements . an uncertain income tax position will not be recognized if it has less than a 50% ( 50 % ) likelihood of being sustained . there were no changes to the company 2019s liabilities for uncertain tax positions as a result of the adoption of these provisions . as of october 30 , 2010 and october 31 , 2009 , the company had a liability of $ 18.4 million and $ 18.2 million , respectively , for gross unrealized tax benefits , all of which , if settled in the company 2019s favor , would lower the company 2019s effective tax rate in the period recorded . in addition , as of october 30 , 2010 and october 31 , 2009 , the company had a liability of approximately $ 9.8 million and $ 8.0 million , respectively , for interest and penalties . the total liability as of october 30 , 2010 and october 31 , 2009 of $ 28.3 million and $ 26.2 million , respectively , for uncertain tax positions is classified as non-current , and is included in other non-current liabilities , because the company believes that the ultimate payment or settlement of these liabilities will not occur within the next twelve months . prior to the adoption of these provisions , these amounts were included in current income tax payable . the company includes interest and penalties related to unrecognized tax benefits within the provision for taxes in the condensed consolidated statements of income , and as a result , no change in classification was made upon adopting these provisions . the condensed consolidated statements of income for fiscal years 2010 , 2009 and 2008 include $ 1.8 million , $ 1.7 million and $ 1.3 million , respectively , of interest and penalties related to these uncertain tax positions . due to the complexity associated with its tax uncertainties , the company cannot make a reasonably reliable estimate as to the period in which it expects to settle the liabilities associated with these uncertain tax positions . the following table summarizes the changes in the total amounts of uncertain tax positions for fiscal 2008 through fiscal 2010. .
|balance november 3 2007|$ 9889|
|additions for tax positions of 2008|3861|
|balance november 1 2008|13750|
|additions for tax positions of 2009|4411|
|balance october 31 2009|18161|
|additions for tax positions of 2010|286|
|balance october 30 2010|$ 18447|
fiscal years 2004 and 2005 irs examination during the fourth quarter of fiscal 2007 , the irs completed its field examination of the company 2019s fiscal years 2004 and 2005 . on january 2 , 2008 , the irs issued its report for fiscal 2004 and 2005 , which included proposed adjustments related to these two fiscal years . the company has recorded taxes and penalties related to certain of these proposed adjustments . there are four items with an additional potential total tax liability of $ 46 million . the company has concluded , based on discussions with its tax advisors , that these four items are not likely to result in any additional tax liability . therefore , the company has not recorded any additional tax liability for these items and is appealing these proposed adjustments through the normal processes for the resolution of differences between the irs and taxpayers . the company 2019s initial meetings with the appellate division of the irs were held during fiscal analog devices , inc . notes to consolidated financial statements 2014 ( continued ) .
Question: how is the net cash flow from operations affected by the change in liability of interest and penalties in 2010?
Answer:
|
1.8
|
how is the net cash flow from operations affected by the change in liability of interest and penalties in 2010?
|
{
"options": {
"A": "Increased by $1.8 million",
"B": "Decreased by $1.8 million",
"C": "Remained unchanged",
"D": "Cannot be determined"
},
"goldenKey": "A"
}
|
{
"A": "Increased by $1.8 million",
"B": "Decreased by $1.8 million",
"C": "Remained unchanged",
"D": "Cannot be determined"
}
|
A
|
finqa1469
|
Please answer the given financial question based on the context.
Context: 2010 . on november 1 , 2010 , we redeemed all $ 400 million of our outstanding 6.65% ( 6.65 % ) notes due january 15 , 2011 . the redemption resulted in a $ 5 million early extinguishment charge . receivables securitization facility 2013 at december 31 , 2010 , we have recorded $ 100 million as secured debt under our receivables securitization facility . ( see further discussion of our receivables securitization facility in note 10. ) 15 . variable interest entities we have entered into various lease transactions in which the structure of the leases contain variable interest entities ( vies ) . these vies were created solely for the purpose of doing lease transactions ( principally involving railroad equipment and facilities ) and have no other activities , assets or liabilities outside of the lease transactions . within these lease arrangements , we have the right to purchase some or all of the assets at fixed prices . depending on market conditions , fixed-price purchase options available in the leases could potentially provide benefits to us ; however , these benefits are not expected to be significant . we maintain and operate the assets based on contractual obligations within the lease arrangements , which set specific guidelines consistent within the railroad industry . as such , we have no control over activities that could materially impact the fair value of the leased assets . we do not hold the power to direct the activities of the vies and , therefore , do not control the ongoing activities that have a significant impact on the economic performance of the vies . additionally , we do not have the obligation to absorb losses of the vies or the right to receive benefits of the vies that could potentially be significant to the we are not considered to be the primary beneficiary and do not consolidate these vies because our actions and decisions do not have the most significant effect on the vie 2019s performance and our fixed-price purchase price options are not considered to be potentially significant to the vie 2019s . the future minimum lease payments associated with the vie leases totaled $ 4.2 billion as of december 31 , 2010 . 16 . leases we lease certain locomotives , freight cars , and other property . the consolidated statement of financial position as of december 31 , 2010 and 2009 included $ 2520 million , net of $ 901 million of accumulated depreciation , and $ 2754 million , net of $ 927 million of accumulated depreciation , respectively , for properties held under capital leases . a charge to income resulting from the depreciation for assets held under capital leases is included within depreciation expense in our consolidated statements of income . future minimum lease payments for operating and capital leases with initial or remaining non-cancelable lease terms in excess of one year as of december 31 , 2010 , were as follows : millions operating leases capital leases .
|millions|operatingleases|capitalleases|
|2011|$ 613|$ 311|
|2012|526|251|
|2013|461|253|
|2014|382|261|
|2015|340|262|
|later years|2599|1355|
|total minimum lease payments|$ 4921|$ 2693|
|amount representing interest|n/a|-784 ( 784 )|
|present value of minimum lease payments|n/a|$ 1909|
the majority of capital lease payments relate to locomotives . rent expense for operating leases with terms exceeding one month was $ 624 million in 2010 , $ 686 million in 2009 , and $ 747 million in 2008 . when cash rental payments are not made on a straight-line basis , we recognize variable rental expense on a straight-line basis over the lease term . contingent rentals and sub-rentals are not significant. .
Question: in 2010 what was the percent of the early extinguishment charge to the amount of the outstanding 6.65% ( 6.65 % ) notes due january 15 , 2011
Answer:
|
0.0125
|
in 2010 what was the percent of the early extinguishment charge to the amount of the outstanding 6.65% ( 6.65 % ) notes due january 15 , 2011
|
{
"options": {
"A": "0.0125",
"B": "0.025",
"C": "0.05",
"D": "0.1"
},
"goldenKey": "A"
}
|
{
"A": "0.0125",
"B": "0.025",
"C": "0.05",
"D": "0.1"
}
|
A
|
finqa1470
|
Please answer the given financial question based on the context.
Context: table of contents celanese purchases of its equity securities information regarding repurchases of our common stock during the three months ended december 31 , 2017 is as follows : period number of shares purchased ( 1 ) average price paid per share total number of shares purchased as part of publicly announced program approximate dollar value of shares remaining that may be purchased under the program ( 2 ) .
|period|totalnumberof sharespurchased ( 1 )|averageprice paidper share|total numberof sharespurchased aspart of publiclyannounced program|approximatedollarvalue of sharesremaining thatmay bepurchased underthe program ( 2 )|
|october 1 - 31 2017|10676|$ 104.10|2014|$ 1531000000|
|november 1 - 30 2017|924|$ 104.02|2014|$ 1531000000|
|december 1 - 31 2017|38605|$ 106.36|2014|$ 1531000000|
|total|50205||2014||
___________________________ ( 1 ) represents shares withheld from employees to cover their statutory minimum withholding requirements for personal income taxes related to the vesting of restricted stock units . ( 2 ) our board of directors has authorized the aggregate repurchase of $ 3.9 billion of our common stock since february 2008 , including an increase of $ 1.5 billion on july 17 , 2017 . see note 17 - stockholders' equity in the accompanying consolidated financial statements for further information. .
Question: what was the percent of the number of shares purchased in october 1 - 31 2017 as part of the 2017 total
Answer:
|
0.21265
|
what was the percent of the number of shares purchased in october 1 - 31 2017 as part of the 2017 total
|
{
"options": {
"A": "0.21265%",
"B": "2.1265%",
"C": "21.265%",
"D": "212.65%"
},
"goldenKey": "A"
}
|
{
"A": "0.21265%",
"B": "2.1265%",
"C": "21.265%",
"D": "212.65%"
}
|
A
|
finqa1471
|
Please answer the given financial question based on the context.
Context: hii expects to incur higher costs to complete ships currently under construction in avondale due to anticipated reductions in productivity . as a result , in the second quarter of 2010 , the company increased the estimates to complete lpd-23 and lpd-25 by approximately $ 210 million . the company recognized a $ 113 million pre-tax charge to operating income for these contracts in the second quarter of 2010 . hii is exploring alternative uses of the avondale facility , including alternative opportunities for the workforce . in connection with and as a result of the decision to wind down shipbuilding operations at the avondale , louisiana facility , the company began incurring and paying related employee severance and incentive compensation liabilities and expenditures , asset retirement obligation liabilities that became reasonably estimable , and amounts owed for not meeting certain requirements under its cooperative endeavor agreement with the state of louisiana . the company anticipates that it will incur substantial other restructuring and facilities shutdown related costs , including , but not limited to , severance expense , relocation expense , and asset write-downs related to the avondale facilities . these costs are expected to be allowable expenses under government accounting standards and thus should be recoverable in future years 2019 overhead costs . these future costs could approximate $ 271 million , based on management 2019s current estimate . such costs should be recoverable under existing flexibly priced contracts or future negotiated contracts in accordance with federal acquisition regulation ( 201cfar 201d ) provisions relating to the treatment of restructuring and shutdown related costs . the company is currently in discussions with the u.s . navy regarding its cost submission to support the recoverability of these costs under the far and applicable contracts , and this submission is subject to review and acceptance by the u.s . navy . the defense contract audit agency ( 201cdcaa 201d ) , a dod agency , prepared an initial audit report on the company 2019s cost proposal for restructuring and shutdown related costs of $ 310 million , which stated that the proposal was not adequately supported for the dcaa to reach a conclusion and questioned approximately $ 25 million , or 8% ( 8 % ) , of the costs submitted by the company . accordingly , the dcaa did not accept the proposal as submitted . the company has submitted a revised proposal to address the concerns of the dcaa and to reflect a revised estimated total cost of $ 271 million . should the company 2019s revised proposal be challenged by the u.s . navy , the company would likely pursue prescribed dispute resolution alternatives to resolve the challenge . that process , however , would create uncertainty as to the timing and eventual allowability of the costs related to the wind down of the avondale facility . ultimately , the company anticipates these discussions with the u.s . navy will result in an agreement that is substantially in accordance with management 2019s cost recovery expectations . accordingly , hii has treated these costs as allowable costs in determining the earnings performance on its contracts in process . the actual restructuring expenses related to the wind down may be greater than the company 2019s current estimate , and any inability to recover such costs could result in a material effect on the company 2019s consolidated financial position , results of operations or cash flows . the company also evaluated the effect that the wind down of the avondale facilities might have on the benefit plans in which hii employees participate . hii determined that the potential impact of a curtailment in these plans was not material to its consolidated financial position , results of operations or cash flows . the table below summarizes the company 2019s liability for restructuring and shutdown related costs associated with winding down the avondale facility . as of december 31 , 2011 and 2010 , these costs are comprised primarily of employee severance and retention and incentive bonuses . these amounts were capitalized in inventoried costs , and will be recognized as expenses in cost of product sales beginning in 2014 . ( $ in millions ) employee compensation other accruals total .
|( $ in millions )|employee compensation|other accruals|total|
|balance at january 1 2010|$ 0|$ 0|$ 0|
|accrual established|27|39|66|
|payments|0|0|0|
|adjustments|0|0|0|
|balance at december 31 2010|$ 27|$ 39|$ 66|
|accrual established|0|0|0|
|payments|-24 ( 24 )|-36 ( 36 )|-60 ( 60 )|
|adjustments|47|-3 ( 3 )|44|
|balance at december 31 2011|$ 50|$ 0|$ 50|
.
Question: what was the net adjustments as recorded in 2011 in millions
Answer:
|
23.0
|
what was the net adjustments as recorded in 2011 in millions
|
{
"options": {
"A": "47",
"B": "-3",
"C": "44",
"D": "23"
},
"goldenKey": "D"
}
|
{
"A": "47",
"B": "-3",
"C": "44",
"D": "23"
}
|
D
|
finqa1472
|
Please answer the given financial question based on the context.
Context: performance share awards the vesting of psas is contingent upon meeting various individual , divisional or company-wide performance conditions , including revenue generation or growth in revenue , pretax income or earnings per share over a one- to five-year period . the performance conditions are not considered in the determination of the grant date fair value for these awards . the fair value of psas is based upon the market price of the aon common stock at the date of grant . compensation expense is recognized over the performance period , and in certain cases an additional vesting period , based on management 2019s estimate of the number of units expected to vest . compensation expense is adjusted to reflect the actual number of shares issued at the end of the programs . the actual issuance of shares may range from 0-200% ( 0-200 % ) of the target number of psas granted , based on the plan . dividend equivalents are not paid on psas . information regarding psas granted during the years ended december 31 , 2011 , 2010 and 2009 follows ( shares in thousands , dollars in millions , except fair value ) : .
||2011|2010|2009|
|target psus granted|1715|1390|3754|
|fair value ( 1 )|$ 50|$ 39|$ 38|
|number of shares that would be issued based on current performance levels|1772|1397|2300|
|unamortized expense based on current performance levels|$ 60|$ 18|$ 4|
( 1 ) represents per share weighted average fair value of award at date of grant . during 2011 , the company issued approximately 1.2 million shares in connection with the 2008 leadership performance plan ( 2018 2018lpp 2019 2019 ) cycle and 0.3 million shares related to a 2006 performance plan . during 2010 , the company issued approximately 1.6 million shares in connection with the completion of the 2007 lpp cycle and 84000 shares related to other performance plans . stock options options to purchase common stock are granted to certain employees at fair value on the date of grant . commencing in 2010 , the company ceased granting new stock options with the exception of historical contractual commitments . generally , employees are required to complete two continuous years of service before the options begin to vest in increments until the completion of a 4-year period of continuous employment , although a number of options were granted that require five continuous years of service before the options are fully vested . options issued under the lpp program vest ratable over 3 years with a six year term . the maximum contractual term on stock options is generally ten years from the date of grant . aon uses a lattice-binomial option-pricing model to value stock options . lattice-based option valuation models use a range of assumptions over the expected term of the options . expected volatilities are based on the average of the historical volatility of aon 2019s stock price and the implied volatility of traded options and aon 2019s stock . the valuation model stratifies employees between those receiving lpp options , special stock plan ( 2018 2018ssp 2019 2019 ) options , and all other option grants . the company believes that this stratification better represents prospective stock option exercise patterns . the expected dividend yield assumption is based on the company 2019s historical and expected future dividend rate . the risk-free rate for periods within the contractual life of the option is based on the u.s . treasury yield curve in effect at the time of grant . the expected life of employee stock options represents the weighted-average period stock options are expected to remain outstanding and is a derived output of the lattice-binomial model. .
Question: what is the lowest value of unamortized expense during this period?
Answer:
|
4.0
|
what is the lowest value of unamortized expense during this period?
|
{
"options": {
"A": "18.0",
"B": "60.0",
"C": "4.0",
"D": "50.0"
},
"goldenKey": "C"
}
|
{
"A": "18.0",
"B": "60.0",
"C": "4.0",
"D": "50.0"
}
|
C
|
finqa1473
|
Please answer the given financial question based on the context.
Context: performance graph the following graph is a comparison of the five-year cumulative return of our common shares , the standard & poor 2019s 500 index ( the 201cs&p 500 index 201d ) and the national association of real estate investment trusts 2019 ( 201cnareit 201d ) all equity index ( excluding health care real estate investment trusts ) , a peer group index . the graph assumes that $ 100 was invested on december 31 , 2005 in our common shares , the s&p 500 index and the nareit all equity index and that all dividends were reinvested without the payment of any commissions . there can be no assurance that the performance of our shares will continue in line with the same or similar trends depicted in the graph below. .
||2005|2006|2007|2008|2009|2010|
|vornado realty trust|100|151|113|81|100|124|
|s&p 500 index|100|116|122|77|97|112|
|the nareit all equity index|100|135|114|71|91|116|
.
Question: what was the average price of the the nareit all equity index from 2005 to 2009
Answer:
|
258.0
|
what was the average price of the the nareit all equity index from 2005 to 2009
|
{
"options": {
"A": "151.0",
"B": "113.0",
"C": "100.0",
"D": "258.0"
},
"goldenKey": "D"
}
|
{
"A": "151.0",
"B": "113.0",
"C": "100.0",
"D": "258.0"
}
|
D
|
finqa1474
|
Please answer the given financial question based on the context.
Context: ( $ 66 million net-of-tax ) as a result of customer credits to be realized by electric customers of entergy louisiana , consistent with the terms of the stipulated settlement in the business combination proceeding . see note 2 to the financial statements for further discussion of the business combination and customer credits . results of operations for 2015 also include the sale in december 2015 of the 583 mw rhode island state energy center for a realized gain of $ 154 million ( $ 100 million net-of-tax ) on the sale and the $ 77 million ( $ 47 million net-of-tax ) write-off and regulatory charges to recognize that a portion of the assets associated with the waterford 3 replacement steam generator project is no longer probable of recovery . see note 14 to the financial statements for further discussion of the rhode island state energy center sale . see note 2 to the financial statements for further discussion of the waterford 3 replacement steam generator prudence review proceeding . net revenue utility following is an analysis of the change in net revenue comparing 2016 to 2015 . amount ( in millions ) .
||amount ( in millions )|
|2015 net revenue|$ 5829|
|retail electric price|289|
|louisiana business combination customer credits|107|
|volume/weather|14|
|louisiana act 55 financing savings obligation|-17 ( 17 )|
|other|-43 ( 43 )|
|2016 net revenue|$ 6179|
the retail electric price variance is primarily due to : 2022 an increase in base rates at entergy arkansas , as approved by the apsc . the new rates were effective february 24 , 2016 and began billing with the first billing cycle of april 2016 . the increase included an interim base rate adjustment surcharge , effective with the first billing cycle of april 2016 , to recover the incremental revenue requirement for the period february 24 , 2016 through march 31 , 2016 . a significant portion of the increase was related to the purchase of power block 2 of the union power station ; 2022 an increase in the purchased power and capacity acquisition cost recovery rider for entergy new orleans , as approved by the city council , effective with the first billing cycle of march 2016 , primarily related to the purchase of power block 1 of the union power station ; 2022 an increase in formula rate plan revenues for entergy louisiana , implemented with the first billing cycle of march 2016 , to collect the estimated first-year revenue requirement related to the purchase of power blocks 3 and 4 of the union power station ; and 2022 an increase in revenues at entergy mississippi , as approved by the mpsc , effective with the first billing cycle of july 2016 , and an increase in revenues collected through the storm damage rider . see note 2 to the financial statements for further discussion of the rate proceedings . see note 14 to the financial statements for discussion of the union power station purchase . the louisiana business combination customer credits variance is due to a regulatory liability of $ 107 million recorded by entergy in october 2015 as a result of the entergy gulf states louisiana and entergy louisiana business combination . consistent with the terms of the stipulated settlement in the business combination proceeding , electric customers of entergy louisiana will realize customer credits associated with the business combination ; accordingly , in october 2015 , entergy recorded a regulatory liability of $ 107 million ( $ 66 million net-of-tax ) . these costs are being entergy corporation and subsidiaries management 2019s financial discussion and analysis .
Question: what portion of the net change in net revenue during 2016 is related to the change in retail electric price?
Answer:
|
0.82571
|
what portion of the net change in net revenue during 2016 is related to the change in retail electric price?
|
{
"options": {
"A": "0.82571",
"B": "0.107",
"C": "0.289",
"D": "0.043"
},
"goldenKey": "A"
}
|
{
"A": "0.82571",
"B": "0.107",
"C": "0.289",
"D": "0.043"
}
|
A
|
finqa1477
|
Please answer the given financial question based on the context.
Context: aeronautics 2019 operating profit for 2012 increased $ 69 million , or 4% ( 4 % ) , compared to 2011 . the increase was attributable to higher operating profit of approximately $ 105 million from c-130 programs due to an increase in risk retirements ; about $ 50 million from f-16 programs due to higher aircraft deliveries partially offset by a decline in risk retirements ; approximately $ 50 million from f-35 production contracts due to increased production volume and risk retirements ; and about $ 50 million from the completion of purchased intangible asset amortization on certain f-16 contracts . partially offsetting the increases was lower operating profit of about $ 90 million from the f-35 development contract primarily due to the inception-to-date effect of reducing the profit booking rate in the second quarter of 2012 ; approximately $ 50 million from decreased production volume and risk retirements on the f-22 program partially offset by a resolution of a contractual matter in the second quarter of 2012 ; and approximately $ 45 million primarily due to a decrease in risk retirements on other sustainment activities partially offset by various other aeronautics programs due to increased risk retirements and volume . operating profit for c-5 programs was comparable to 2011 . adjustments not related to volume , including net profit booking rate adjustments and other matters described above , were approximately $ 30 million lower for 2012 compared to 2011 . backlog backlog decreased in 2013 compared to 2012 mainly due to lower orders on f-16 , c-5 , and c-130 programs , partially offset by higher orders on the f-35 program . backlog decreased in 2012 compared to 2011 mainly due to lower orders on f-35 and c-130 programs , partially offset by higher orders on f-16 programs . trends we expect aeronautics 2019 net sales to increase in 2014 in the mid-single digit percentage range as compared to 2013 primarily due to an increase in net sales from f-35 production contracts . operating profit is expected to increase slightly from 2013 , resulting in a slight decrease in operating margins between the years due to program mix . information systems & global solutions our is&gs business segment provides advanced technology systems and expertise , integrated information technology solutions , and management services across a broad spectrum of applications for civil , defense , intelligence , and other government customers . is&gs has a portfolio of many smaller contracts as compared to our other business segments . is&gs has been impacted by the continued downturn in federal information technology budgets . is&gs 2019 operating results included the following ( in millions ) : .
||2013|2012|2011|
|net sales|$ 8367|$ 8846|$ 9381|
|operating profit|759|808|874|
|operating margins|9.1% ( 9.1 % )|9.1% ( 9.1 % )|9.3% ( 9.3 % )|
|backlog at year-end|8300|8700|9300|
2013 compared to 2012 is&gs 2019 net sales decreased $ 479 million , or 5% ( 5 % ) , for 2013 compared to 2012 . the decrease was attributable to lower net sales of about $ 495 million due to decreased volume on various programs ( command and control programs for classified customers , ngi , and eram programs ) ; and approximately $ 320 million due to the completion of certain programs ( such as total information processing support services , the transportation worker identification credential ( twic ) , and odin ) . the decrease was partially offset by higher net sales of about $ 340 million due to the start-up of certain programs ( such as the disa gsm-o and the national science foundation antarctic support ) . is&gs 2019 operating profit decreased $ 49 million , or 6% ( 6 % ) , for 2013 compared to 2012 . the decrease was primarily attributable to lower operating profit of about $ 55 million due to certain programs nearing the end of their lifecycles , partially offset by higher operating profit of approximately $ 15 million due to the start-up of certain programs . adjustments not related to volume , including net profit booking rate adjustments and other matters , were comparable for 2013 compared to 2012 compared to 2011 is&gs 2019 net sales for 2012 decreased $ 535 million , or 6% ( 6 % ) , compared to 2011 . the decrease was attributable to lower net sales of approximately $ 485 million due to the substantial completion of various programs during 2011 ( primarily jtrs ; odin ; and u.k . census ) ; and about $ 255 million due to lower volume on numerous other programs ( primarily hanford; .
Question: what were average net sales for is&gs from 2011 to 2013 , in millions?
Answer:
|
8864.66667
|
what were average net sales for is&gs from 2011 to 2013 , in millions?
|
{
"options": {
"A": "8367",
"B": "8846",
"C": "9381",
"D": "8864.66667"
},
"goldenKey": "D"
}
|
{
"A": "8367",
"B": "8846",
"C": "9381",
"D": "8864.66667"
}
|
D
|
finqa1479
|
Please answer the given financial question based on the context.
Context: marathon oil corporation notes to consolidated financial statements been reported as discontinued operations in the consolidated statements of income and the consolidated statements of cash flows for all periods presented . discontinued operations 2014revenues and pretax income associated with our discontinued irish and gabonese operations are shown in the following table : ( in millions ) 2009 2008 2007 .
|( in millions )|2009|2008|2007|
|revenues applicable to discontinued operations|$ 188|$ 439|$ 456|
|pretax income from discontinued operations|$ 80|$ 221|$ 281|
angola disposition 2013 in july 2009 , we entered into an agreement to sell an undivided 20 percent outside- operated interest in the production sharing contract and joint operating agreement in block 32 offshore angola for $ 1.3 billion , excluding any purchase price adjustments at closing , with an effective date of january 1 , 2009 . the sale closed and we received net proceeds of $ 1.3 billion in february 2010 . the pretax gain on the sale will be approximately $ 800 million . we retained a 10 percent outside-operated interest in block 32 . gabon disposition 2013 in december 2009 , we closed the sale of our operated fields offshore gabon , receiving net proceeds of $ 269 million , after closing adjustments . a $ 232 million pretax gain on this disposition was reported in discontinued operations for 2009 . permian basin disposition 2013 in june 2009 , we closed the sale of our operated and a portion of our outside- operated permian basin producing assets in new mexico and west texas for net proceeds after closing adjustments of $ 293 million . a $ 196 million pretax gain on the sale was recorded . ireland dispositions 2013 in april 2009 , we closed the sale of our operated properties in ireland for net proceeds of $ 84 million , after adjusting for cash held by the sold subsidiary . a $ 158 million pretax gain on the sale was recorded . as a result of this sale , we terminated our pension plan in ireland , incurring a charge of $ 18 million . in june 2009 , we entered into an agreement to sell the subsidiary holding our 19 percent outside-operated interest in the corrib natural gas development offshore ireland . total proceeds were estimated to range between $ 235 million and $ 400 million , subject to the timing of first commercial gas at corrib and closing adjustments . at closing on july 30 , 2009 , the initial $ 100 million payment plus closing adjustments was received . the fair value of the proceeds was estimated to be $ 311 million . fair value of anticipated sale proceeds includes ( i ) $ 100 million received at closing , ( ii ) $ 135 million minimum amount due at the earlier of first gas or december 31 , 2012 , and ( iii ) a range of zero to $ 165 million of contingent proceeds subject to the timing of first commercial gas . a $ 154 million impairment of the held for sale asset was recognized in discontinued operations in the second quarter of 2009 ( see note 16 ) since the fair value of the disposal group was less than the net book value . final proceeds will range between $ 135 million ( minimum amount ) to $ 300 million and are due on the earlier of first commercial gas or december 31 , 2012 . the fair value of the expected final proceeds was recorded as an asset at closing . as a result of new public information in the fourth quarter of 2009 , a writeoff was recorded on the contingent portion of the proceeds ( see note 10 ) . existing guarantees of our subsidiaries 2019 performance issued to irish government entities will remain in place after the sales until the purchasers issue similar guarantees to replace them . the guarantees , related to asset retirement obligations and natural gas production levels , have been indemnified by the purchasers . the fair value of these guarantees is not significant . norwegian disposition 2013 on october 31 , 2008 , we closed the sale of our norwegian outside-operated e&p properties and undeveloped offshore acreage in the heimdal area of the norwegian north sea for net proceeds of $ 301 million , with a pretax gain of $ 254 million as of december 31 , 2008 . pilot travel centers disposition 2013 on october 8 , 2008 , we completed the sale of our 50 percent ownership interest in ptc . sale proceeds were $ 625 million , with a pretax gain on the sale of $ 126 million . immediately preceding the sale , we received a $ 75 million partial redemption of our ownership interest from ptc that was accounted for as a return of investment . this was an investment of our rm&t segment. .
Question: what was total pretax income from discontinued operations for the three year period?
Answer:
|
582.0
|
what was total pretax income from discontinued operations for the three year period?
|
{
"options": {
"A": "80.0",
"B": "221.0",
"C": "281.0",
"D": "582.0"
},
"goldenKey": "D"
}
|
{
"A": "80.0",
"B": "221.0",
"C": "281.0",
"D": "582.0"
}
|
D
|
finqa1480
|
Please answer the given financial question based on the context.
Context: 9 . junior subordinated debt securities payable in accordance with the provisions of the junior subordinated debt securities which were issued on march 29 , 2004 , holdings elected to redeem the $ 329897 thousand of 6.2% ( 6.2 % ) junior subordinated debt securities outstanding on may 24 , 2013 . as a result of the early redemption , the company incurred pre-tax expense of $ 7282 thousand related to the immediate amortization of the remaining capitalized issuance costs on the trust preferred securities . interest expense incurred in connection with these junior subordinated debt securities is as follows for the periods indicated: .
|( dollars in thousands )|years ended december 31 , 2014|years ended december 31 , 2013|years ended december 31 , 2012|
|interest expense incurred|$ -|$ 8181|$ 20454|
holdings considered the mechanisms and obligations relating to the trust preferred securities , taken together , constituted a full and unconditional guarantee by holdings of capital trust ii 2019s payment obligations with respect to their trust preferred securities . 10 . reinsurance and trust agreements certain subsidiaries of group have established trust agreements , which effectively use the company 2019s investments as collateral , as security for assumed losses payable to certain non-affiliated ceding companies . at december 31 , 2014 , the total amount on deposit in trust accounts was $ 322285 thousand . on april 24 , 2014 , the company entered into two collateralized reinsurance agreements with kilimanjaro re limited ( 201ckilimanjaro 201d ) , a bermuda based special purpose reinsurer , to provide the company with catastrophe reinsurance coverage . these agreements are multi-year reinsurance contracts which cover specified named storm and earthquake events . the first agreement provides up to $ 250000 thousand of reinsurance coverage from named storms in specified states of the southeastern united states . the second agreement provides up to $ 200000 thousand of reinsurance coverage from named storms in specified states of the southeast , mid-atlantic and northeast regions of the united states and puerto rico as well as reinsurance coverage from earthquakes in specified states of the southeast , mid-atlantic , northeast and west regions of the united states , puerto rico and british columbia . on november 18 , 2014 , the company entered into a collateralized reinsurance agreement with kilimanjaro re to provide the company with catastrophe reinsurance coverage . this agreement is a multi-year reinsurance contract which covers specified earthquake events . the agreement provides up to $ 500000 thousand of reinsurance coverage from earthquakes in the united states , puerto rico and canada . kilimanjaro has financed the various property catastrophe reinsurance coverage by issuing catastrophe bonds to unrelated , external investors . on april 24 , 2014 , kilimanjaro issued $ 450000 thousand of variable rate notes ( 201cseries 2014-1 notes 201d ) . on november 18 , 2014 , kilimanjaro issued $ 500000 thousand of variable rate notes ( 201cseries 2014-2 notes 201d ) . the proceeds from the issuance of the series 2014-1 notes and the series 2014-2 notes are held in reinsurance trust throughout the duration of the applicable reinsurance agreements and invested solely in us government money market funds with a rating of at least 201caaam 201d by standard & poor 2019s. .
Question: what is the percentage change in interest expense from 2012 to 2013?
Answer:
|
-0.60003
|
what is the percentage change in interest expense from 2012 to 2013?
|
{
"options": {
"A": "-0.60003%",
"B": "-0.6003%",
"C": "0.60003%",
"D": "0.6003%"
},
"goldenKey": "A"
}
|
{
"A": "-0.60003%",
"B": "-0.6003%",
"C": "0.60003%",
"D": "0.6003%"
}
|
A
|
finqa1481
|
Please answer the given financial question based on the context.
Context: leveraged performance units during the year ended may 31 , 2015 , certain executives were granted performance units that we refer to as 201cleveraged performance units , 201d or 201clpus . 201d lpus contain a market condition based on our relative stock price growth over a three-year performance period . the lpus contain a minimum threshold performance which , if not met , would result in no payout . the lpus also contain a maximum award opportunity set as a fixed dollar and fixed number of shares . after the three-year performance period , which concluded in october 2017 , one-third of the earned units converted to unrestricted common stock . the remaining two-thirds converted to restricted stock that will vest in equal installments on each of the first two anniversaries of the conversion date . we recognize share-based compensation expense based on the grant date fair value of the lpus , as determined by use of a monte carlo model , on a straight-line basis over the requisite service period for each separately vesting portion of the lpu award . the following table summarizes the changes in unvested restricted stock and performance awards for the year ended december 31 , 2017 , the 2016 fiscal transition period and for the years ended may 31 , 2016 and 2015 : shares weighted-average grant-date fair value ( in thousands ) .
||shares ( in thousands )|weighted-averagegrant-datefair value|
|unvested at may 31 2014|1754|$ 22.72|
|granted|954|36.21|
|vested|-648 ( 648 )|23.17|
|forfeited|-212 ( 212 )|27.03|
|unvested at may 31 2015|1848|28.97|
|granted|461|57.04|
|vested|-633 ( 633 )|27.55|
|forfeited|-70 ( 70 )|34.69|
|unvested at may 31 2016|1606|37.25|
|granted|348|74.26|
|vested|-639 ( 639 )|31.38|
|forfeited|-52 ( 52 )|45.27|
|unvested at december 31 2016|1263|49.55|
|granted|899|79.79|
|vested|-858 ( 858 )|39.26|
|forfeited|-78 ( 78 )|59.56|
|unvested at december 31 2017|1226|$ 78.29|
the total fair value of restricted stock and performance awards vested was $ 33.7 million for the year ended december 31 , 2017 , $ 20.0 million for the 2016 fiscal transition period and $ 17.4 million and $ 15.0 million , respectively , for the years ended may 31 , 2016 and 2015 . for restricted stock and performance awards , we recognized compensation expense of $ 35.2 million for the year ended december 31 , 2017 , $ 17.2 million for the 2016 fiscal transition period and $ 28.8 million and $ 19.8 million , respectively , for the years ended may 31 , 2016 and 2015 . as of december 31 , 2017 , there was $ 46.1 million of unrecognized compensation expense related to unvested restricted stock and performance awards that we expect to recognize over a weighted-average period of 1.8 years . our restricted stock and performance award plans provide for accelerated vesting under certain conditions . stock options stock options are granted with an exercise price equal to 100% ( 100 % ) of fair market value of our common stock on the date of grant and have a term of ten years . stock options granted before the year ended may 31 , 2015 vest in equal installments on each of the first four anniversaries of the grant date . stock options granted during the year ended may 31 , 2015 and thereafter vest in equal installments on each of the first three anniversaries of the grant date . our stock option plans provide for accelerated vesting under certain conditions . global payments inc . | 2017 form 10-k annual report 2013 91 .
Question: what was the change in millions in the total fair value of restricted stock and performance awards vested from 2016 to 2017?
Answer:
|
13.7
|
what was the change in millions in the total fair value of restricted stock and performance awards vested from 2016 to 2017?
|
{
"options": {
"A": "10.0",
"B": "17.4",
"C": "20.0",
"D": "13.7"
},
"goldenKey": "D"
}
|
{
"A": "10.0",
"B": "17.4",
"C": "20.0",
"D": "13.7"
}
|
D
|
finqa1482
|
Please answer the given financial question based on the context.
Context: entergy corporation and subsidiaries notes to financial statements entergy new orleans securitization bonds - hurricane isaac in may 2015 the city council issued a financing order authorizing the issuance of securitization bonds to recover entergy new orleans 2019s hurricane isaac storm restoration costs of $ 31.8 million , including carrying costs , the costs of funding and replenishing the storm recovery reserve in the amount of $ 63.9 million , and approximately $ 3 million of up-front financing costs associated with the securitization . in july 2015 , entergy new orleans storm recovery funding i , l.l.c. , a company wholly owned and consolidated by entergy new orleans , issued $ 98.7 million of storm cost recovery bonds . the bonds have a coupon of 2.67% ( 2.67 % ) and an expected maturity date of june 2024 . although the principal amount is not due until the date given above , entergy new orleans storm recovery funding expects to make principal payments on the bonds over the next five years in the amounts of $ 11.4 million for 2016 , $ 10.6 million for 2017 , $ 11 million for 2018 , $ 11.2 million for 2019 , and $ 11.6 million for 2020 . with the proceeds , entergy new orleans storm recovery funding purchased from entergy new orleans the storm recovery property , which is the right to recover from customers through a storm recovery charge amounts sufficient to service the securitization bonds . the storm recovery property is reflected as a regulatory asset on the consolidated entergy new orleans balance sheet . the creditors of entergy new orleans do not have recourse to the assets or revenues of entergy new orleans storm recovery funding , including the storm recovery property , and the creditors of entergy new orleans storm recovery funding do not have recourse to the assets or revenues of entergy new orleans . entergy new orleans has no payment obligations to entergy new orleans storm recovery funding except to remit storm recovery charge collections . entergy texas securitization bonds - hurricane rita in april 2007 the puct issued a financing order authorizing the issuance of securitization bonds to recover $ 353 million of entergy texas 2019s hurricane rita reconstruction costs and up to $ 6 million of transaction costs , offset by $ 32 million of related deferred income tax benefits . in june 2007 , entergy gulf states reconstruction funding i , llc , a company that is now wholly-owned and consolidated by entergy texas , issued $ 329.5 million of senior secured transition bonds ( securitization bonds ) as follows : amount ( in thousands ) .
||amount ( in thousands )|
|senior secured transition bonds series a:||
|tranche a-1 ( 5.51% ( 5.51 % ) ) due october 2013|$ 93500|
|tranche a-2 ( 5.79% ( 5.79 % ) ) due october 2018|121600|
|tranche a-3 ( 5.93% ( 5.93 % ) ) due june 2022|114400|
|total senior secured transition bonds|$ 329500|
although the principal amount of each tranche is not due until the dates given above , entergy gulf states reconstruction funding expects to make principal payments on the bonds over the next five years in the amounts of $ 26 million for 2016 , $ 27.6 million for 2017 , $ 29.2 million for 2018 , $ 30.9 million for 2019 , and $ 32.8 million for 2020 . all of the scheduled principal payments for 2016 are for tranche a-2 , $ 23.6 million of the scheduled principal payments for 2017 are for tranche a-2 and $ 4 million of the scheduled principal payments for 2017 are for tranche a-3 . all of the scheduled principal payments for 2018-2020 are for tranche a-3 . with the proceeds , entergy gulf states reconstruction funding 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 . the transition property is reflected as a regulatory asset on the consolidated entergy texas balance sheet . the creditors of entergy texas do not have recourse to the assets or revenues of entergy gulf states reconstruction funding , including the transition property , and the creditors of entergy gulf states reconstruction funding do not have recourse to the assets or revenues of entergy texas . entergy texas has no payment obligations to entergy gulf states reconstruction funding except to remit transition charge collections. .
Question: what is the principal payment in 2020 as a percentage of the total senior secured transition bonds?
Answer:
|
0.09954
|
what is the principal payment in 2020 as a percentage of the total senior secured transition bonds?
|
{
"options": {
"A": "0.09954",
"B": "0.099",
"C": "0.095",
"D": "0.090"
},
"goldenKey": "A"
}
|
{
"A": "0.09954",
"B": "0.099",
"C": "0.095",
"D": "0.090"
}
|
A
|
finqa1483
|
Please answer the given financial question based on the context.
Context: jpmorgan chase & co./2009 annual report consolidated results of operations this following section provides a comparative discussion of jpmorgan chase 2019s consolidated results of operations on a reported basis for the three-year period ended december 31 , 2009 . factors that related primarily to a single business segment are discussed in more detail within that business segment . for a discussion of the critical ac- counting estimates used by the firm that affect the consolidated results of operations , see pages 135 2013139 of this annual report . revenue year ended december 31 , ( in millions ) 2009 2008 2007 .
|year ended december 31 ( in millions )|2009|2008|2007|
|investment banking fees|$ 7087|$ 5526|$ 6635|
|principal transactions|9796|-10699 ( 10699 )|9015|
|lending- and deposit-related fees|7045|5088|3938|
|asset management administrationand commissions|12540|13943|14356|
|securities gains|1110|1560|164|
|mortgage fees and related income|3678|3467|2118|
|credit card income|7110|7419|6911|
|other income|916|2169|1829|
|noninterest revenue|49282|28473|44966|
|net interest income|51152|38779|26406|
|total net revenue|$ 100434|$ 67252|$ 71372|
2009 compared with 2008 total net revenue was $ 100.4 billion , up by $ 33.2 billion , or 49% ( 49 % ) , from the prior year . the increase was driven by higher principal transactions revenue , primarily related to improved performance across most fixed income and equity products , and the absence of net markdowns on legacy leveraged lending and mortgage positions in ib , as well as higher levels of trading gains and investment securities income in corporate/private equity . results also benefited from the impact of the washington mutual transaction , which contributed to increases in net interest income , lending- and deposit-related fees , and mortgage fees and related income . lastly , higher investment banking fees also contributed to revenue growth . these increases in revenue were offset partially by reduced fees and commissions from the effect of lower market levels on assets under management and custody , and the absence of proceeds from the sale of visa shares in its initial public offering in the first quarter of 2008 . investment banking fees increased from the prior year , due to higher equity and debt underwriting fees . for a further discussion of invest- ment banking fees , which are primarily recorded in ib , see ib segment results on pages 63 201365 of this annual report . principal transactions revenue , which consists of revenue from trading and private equity investing activities , was significantly higher com- pared with the prior year . trading revenue increased , driven by improved performance across most fixed income and equity products ; modest net gains on legacy leveraged lending and mortgage-related positions , compared with net markdowns of $ 10.6 billion in the prior year ; and gains on trading positions in corporate/private equity , compared with losses in the prior year of $ 1.1 billion on markdowns of federal national mortgage association ( 201cfannie mae 201d ) and fed- eral home loan mortgage corporation ( 201cfreddie mac 201d ) preferred securities . these increases in revenue were offset partially by an aggregate loss of $ 2.3 billion from the tightening of the firm 2019s credit spread on certain structured liabilities and derivatives , compared with gains of $ 2.0 billion in the prior year from widening spreads on these liabilities and derivatives . the firm 2019s private equity investments pro- duced a slight net loss in 2009 , a significant improvement from a larger net loss in 2008 . for a further discussion of principal transac- tions revenue , see ib and corporate/private equity segment results on pages 63 201365 and 82 201383 , respectively , and note 3 on pages 156 2013 173 of this annual report . lending- and deposit-related fees rose from the prior year , predomi- nantly reflecting the impact of the washington mutual transaction and organic growth in both lending- and deposit-related fees in rfs , cb , ib and tss . for a further discussion of lending- and deposit- related fees , which are mostly recorded in rfs , tss and cb , see the rfs segment results on pages 66 201371 , the tss segment results on pages 77 201378 , and the cb segment results on pages 75 201376 of this annual report . the decline in asset management , administration and commissions revenue compared with the prior year was largely due to lower asset management fees in am from the effect of lower market levels . also contributing to the decrease were lower administration fees in tss , driven by the effect of market depreciation on certain custody assets and lower securities lending balances ; and lower brokerage commis- sions revenue in ib , predominantly related to lower transaction vol- ume . for additional information on these fees and commissions , see the segment discussions for tss on pages 77 201378 , and am on pages 79 201381 of this annual report . securities gains were lower in 2009 and included credit losses related to other-than-temporary impairment and lower gains on the sale of mastercard shares of $ 241 million in 2009 , compared with $ 668 million in 2008 . these decreases were offset partially by higher gains from repositioning the corporate investment securities portfolio in connection with managing the firm 2019s structural interest rate risk . for a further discussion of securities gains , which are mostly recorded in corporate/private equity , see the corpo- rate/private equity segment discussion on pages 82 201383 of this annual report . mortgage fees and related income increased slightly from the prior year , as higher net mortgage servicing revenue was largely offset by lower production revenue . the increase in net mortgage servicing revenue was driven by growth in average third-party loans serviced as a result of the washington mutual transaction . mortgage production revenue declined from the prior year , reflecting an increase in esti- mated losses from the repurchase of previously-sold loans , offset partially by wider margins on new originations . for a discussion of mortgage fees and related income , which is recorded primarily in rfs 2019s consumer lending business , see the consumer lending discus- sion on pages 68 201371 of this annual report . credit card income , which includes the impact of the washington mutual transaction , decreased slightly compared with the prior year .
Question: what percent of total net revenue was noninterest revenue in 2009?
Answer:
|
0.49069
|
what percent of total net revenue was noninterest revenue in 2009?
|
{
"options": {
"A": "0.49069%",
"B": "4.9069%",
"C": "49.069%",
"D": "490.69%"
},
"goldenKey": "A"
}
|
{
"A": "0.49069%",
"B": "4.9069%",
"C": "49.069%",
"D": "490.69%"
}
|
A
|
finqa1484
|
Please answer the given financial question based on the context.
Context: stockholders 2019 equity derivative instruments activity , net of tax , included in non-owner changes to equity within the consolidated statements of stockholders 2019 equity for the years ended december 31 , 2008 , 2007 and 2006 is as follows: .
||2008|2007|2006|
|balance at january 1|$ 2014|$ 16|$ 2|
|increase ( decrease ) in fair value|-9 ( 9 )|-6 ( 6 )|75|
|reclassifications to earnings|2|-10 ( 10 )|-61 ( 61 )|
|balance at december 31|$ -7 ( 7 )|$ 2014|$ 16|
net investment in foreign operations hedge at december 31 , 2008 and 2007 , the company did not have any hedges of foreign currency exposure of net investments in foreign operations . investments hedge during the first quarter of 2006 , the company entered into a zero-cost collar derivative ( the 201csprint nextel derivative 201d ) to protect itself economically against price fluctuations in its 37.6 million shares of sprint nextel corporation ( 201csprint nextel 201d ) non-voting common stock . during the second quarter of 2006 , as a result of sprint nextel 2019s spin-off of embarq corporation through a dividend to sprint nextel shareholders , the company received approximately 1.9 million shares of embarq corporation . the floor and ceiling prices of the sprint nextel derivative were adjusted accordingly . the sprint nextel derivative was not designated as a hedge under the provisions of sfas no . 133 , 201caccounting for derivative instruments and hedging activities . 201d accordingly , to reflect the change in fair value of the sprint nextel derivative , the company recorded a net gain of $ 99 million for the year ended december 31 , 2006 , included in other income ( expense ) in the company 2019s consolidated statements of operations . in december 2006 , the sprint nextel derivative was terminated and settled in cash and the 37.6 million shares of sprint nextel were converted to common shares and sold . the company received aggregate cash proceeds of approximately $ 820 million from the settlement of the sprint nextel derivative and the subsequent sale of the 37.6 million sprint nextel shares . the company recognized a loss of $ 126 million in connection with the sale of the remaining shares of sprint nextel common stock . as described above , the company recorded a net gain of $ 99 million in connection with the sprint nextel derivative . fair value of financial instruments the company 2019s financial instruments include cash equivalents , sigma fund investments , short-term investments , accounts receivable , long-term receivables , accounts payable , accrued liabilities , derivatives and other financing commitments . the company 2019s sigma fund , available-for-sale investment portfolios and derivatives are recorded in the company 2019s consolidated balance sheets at fair value . all other financial instruments , with the exception of long-term debt , are carried at cost , which is not materially different than the instruments 2019 fair values . using quoted market prices and market interest rates , the company determined that the fair value of long- term debt at december 31 , 2008 was $ 2.8 billion , compared to a carrying value of $ 4.1 billion . since considerable judgment is required in interpreting market information , the fair value of the long-term debt is not necessarily indicative of the amount which could be realized in a current market exchange . equity price market risk at december 31 , 2008 , the company 2019s available-for-sale equity securities portfolio had an approximate fair market value of $ 128 million , which represented a cost basis of $ 125 million and a net unrealized loss of $ 3 million . these equity securities are held for purposes other than trading . %%transmsg*** transmitting job : c49054 pcn : 105000000 ***%%pcmsg|102 |00022|yes|no|02/23/2009 19:17|0|0|page is valid , no graphics -- color : n| .
Question: what was the change in the reclassification to earnings from 2007 to 2008
Answer:
|
12.0
|
what was the change in the reclassification to earnings from 2007 to 2008
|
{
"options": {
"A": "2",
"B": "-10",
"C": "10",
"D": "12"
},
"goldenKey": "D"
}
|
{
"A": "2",
"B": "-10",
"C": "10",
"D": "12"
}
|
D
|
finqa1485
|
Please answer the given financial question based on the context.
Context: for intangible assets subject to amortization , the estimated aggregate amortization expense for each of the five succeeding fiscal years is as follows : 2009 - $ 41.1 million , 2010 - $ 27.3 million , 2011 - $ 20.9 million , 2012 - $ 17.0 million , and 2013 - $ 12.0 million . fees and expenses related to the merger totaled $ 102.6 million , principally consisting of investment banking fees , legal fees and stock compensation ( $ 39.4 million as further discussed in note 10 ) , and are reflected in the 2007 results of operations . capitalized debt issuance costs as of the merger date of $ 87.4 million for merger-related financing were reflected in other long- term assets in the consolidated balance sheet . the following represents the unaudited pro forma results of the company 2019s consolidated operations as if the merger had occurred on february 3 , 2007 and february 4 , 2006 , respectively , after giving effect to certain adjustments , including the depreciation and amortization of the assets acquired based on their estimated fair values and changes in interest expense resulting from changes in consolidated debt ( in thousands ) : ( in thousands ) year ended february 1 , year ended february 2 .
|( in thousands )|year endedfebruary 12008|year endedfebruary 22007|
|revenue|$ 9495246|$ 9169822|
|net loss|-57939 ( 57939 )|( 156188 )|
the pro forma information does not purport to be indicative of what the company 2019s results of operations would have been if the acquisition had in fact occurred at the beginning of the periods presented , and is not intended to be a projection of the company 2019s future results of operations . subsequent to the announcement of the merger agreement , the company and its directors , along with other parties , were named in seven putative class actions filed in tennessee state courts alleging claims for breach of fiduciary duty arising out of the proposed merger , all as described more fully under 201clegal proceedings 201d in note 8 below . 3 . strategic initiatives during 2006 , the company began implementing certain strategic initiatives related to its historical inventory management and real estate strategies , as more fully described below . inventory management in november 2006 , the company undertook an initiative to discontinue its historical inventory packaway model for virtually all merchandise by the end of fiscal 2007 . under the packaway model , certain unsold inventory items ( primarily seasonal merchandise ) were stored on-site and returned to the sales floor until the items were eventually sold , damaged or discarded . through end-of-season and other markdowns , this initiative resulted in the elimination of seasonal , home products and basic clothing packaway merchandise to allow for increased levels of newer , current-season merchandise . in connection with this strategic change , in the third quarter of 2006 the company recorded a reserve for lower of cost or market inventory .
Question: what was the total estimated aggregate amortization expense for each of the five succeeding fiscal years from 2009 to 2013 in millions
Answer:
|
118.3
|
what was the total estimated aggregate amortization expense for each of the five succeeding fiscal years from 2009 to 2013 in millions
|
{
"options": {
"A": "118.3 million",
"B": "98.3 million",
"C": "82.3 million",
"D": "64.3 million"
},
"goldenKey": "A"
}
|
{
"A": "118.3 million",
"B": "98.3 million",
"C": "82.3 million",
"D": "64.3 million"
}
|
A
|
finqa1487
|
Please answer the given financial question based on the context.
Context: percent of the unpaid principal balance of its residential mortgage loans ; one percent of 30 percent of its total assets ; or one-twentieth of its outstanding fhlb advances . in addition , the company must maintain qualified collateral equal to 110 to 115 percent of its advances , depending on the collateral type . these advances are secured with specific mortgage loans and mortgage-backed securities . at december 31 , 2007 and 2006 , the company pledged $ 16.8 billion and $ 12.9 billion , respectively , of the one- to four-family and home equity loans as collateral . other 2014etbh raises capital through the formation of trusts , which sell trust preferred stock in the capital markets . the capital securities must be redeemed in whole at the due date , which is generally 30 years after issuance . each trust issued floating rate cumulative preferred securities , at par with a liquidation amount of $ 1000 per capital security . the trusts use the proceeds from the sale of issuances to purchase floating rate junior subordinated debentures issued by etbh , which guarantees the trust obligations and contributes proceeds from the sale of its subordinated debentures to e*trade bank in the form of a capital contribution . during 2007 , etbh formed three trusts , etbh capital trust xxviii , etbh capital trust xxix and etbh capital trust xxx . these trusts issued a total of 60000 shares of floating rate cumulative preferred securities for a total of $ 60.0 million . net proceeds from these issuances were invested in floating rate junior subordinated debentures that mature in 2037 and have variable rates of 1.90% ( 1.90 % ) , 1.95% ( 1.95 % ) , or 2.10% ( 2.10 % ) above the three- month libor , payable quarterly . during 2006 , etbh formed five trusts , etbh capital trust xxiii through etbh capital trust xxvii . these trusts issued a total of 95000 shares of floating rate cumulative preferred securities for a total of $ 95 million . net proceeds from these issuances were invested in floating rate junior subordinated debentures that mature in 2036 or 2037 and have variable rates of 1.95% ( 1.95 % ) or 2.10% ( 2.10 % ) above the three-month libor , payable quarterly . in april 2007 , etbh called etbh capital trust iv which had sold $ 10.0 million of trust preferred stock in the capital markets in 2002 and generated a loss of $ 0.3 million . in june 2007 , etbh called telebank capital trust i which had sold $ 9.0 million of trust preferred stock in the capital markets in 1997 , and generated a loss of $ 0.9 million . in december 2006 , etbh called etbh capital trust iii which had sold $ 15.0 million of trust preferred stock in the capital markets in 2001 , and generated a loss of $ 0.5 million . the face values of outstanding trusts at december 31 , 2007 are shown below ( dollars in thousands ) : trusts maturity date annual interest rate .
|trusts|face value|maturity date|annual interest rate|
|etbh capital trust ii|$ 5000|2031|10.25% ( 10.25 % )|
|etbh capital trust i|$ 20000|2031|3.75% ( 3.75 % ) above 6-month libor|
|etbh capital trust v vi viii|$ 51000|2032|3.25%-3.65% ( 3.25%-3.65 % ) above 3-month libor|
|etbh capital trust vii ix 2014xii|$ 65000|2033|3.00%-3.30% ( 3.00%-3.30 % ) above 3-month libor|
|etbh capital trust xiii 2014xviii xx|$ 77000|2034|2.45%-2.90% ( 2.45%-2.90 % ) above 3-month libor|
|etbh capital trust xix xxi xxii|$ 60000|2035|2.20%-2.40% ( 2.20%-2.40 % ) above 3-month libor|
|etbh capital trust xxiii 2014xxiv|$ 45000|2036|2.10% ( 2.10 % ) above 3-month libor|
|etbh capital trust xxv 2014xxx|$ 110000|2037|1.90%-2.00% ( 1.90%-2.00 % ) above 3-month libor|
the company also has multiple term loans from financial institutions . these loans are collateralized by equipment . borrowings under these term loans bear interest at 1% ( 1 % ) above libor , 0.68% ( 0.68 % ) above libor or 9.30% ( 9.30 % ) . the company had approximately $ 40 million of principal outstanding under these loans at december 31 , 2007 . other borrowings also includes $ 12.0 million of overnight and other short-term borrowings in connection with the federal reserve bank 2019s term investment option and treasury , tax and loan programs . the company pledged $ 12.0 million of securities to secure these borrowings from the federal reserve bank. .
Question: at december 31 , 2007 what was face values of outstanding trusts with maturity in 2037 to 2033
Answer:
|
1.69231
|
at december 31 , 2007 what was face values of outstanding trusts with maturity in 2037 to 2033
|
{
"options": {
"A": "1.69231",
"B": "1.65",
"C": "1.75",
"D": "1.80"
},
"goldenKey": "A"
}
|
{
"A": "1.69231",
"B": "1.65",
"C": "1.75",
"D": "1.80"
}
|
A
|
finqa1488
|
Please answer the given financial question based on the context.
Context: domestic utility companies and system energy notes to respective financial statements protested the disallowance of these deductions to the office of irs appeals . entergy expects to receive a notice of deficiency in 2005 for this item , and plans to vigorously contest this matter . entergy believes that the contingency provision established in its financial statements sufficiently covers the risk associated with this item . mark to market of certain power contracts in 2001 , entergy louisiana changed its method of accounting for tax purposes related to its wholesale electric power contracts . the most significant of these is the contract to purchase power from the vidalia hydroelectric project . the new tax accounting method has provided a cumulative cash flow benefit of approximately $ 790 million as of december 31 , 2004 . the related irs interest exposure is $ 93 million at december 31 , 2004 . this benefit is expected to reverse in the years 2005 through 2031 . the election did not reduce book income tax expense . the timing of the reversal of this benefit depends on several variables , including the price of power . due to the temporary nature of the tax benefit , the potential interest charge represents entergy's net earnings exposure . entergy louisiana's 2001 tax return is currently under examination by the irs , though no adjustments have yet been proposed with respect to the mark to market election . entergy believes that the contingency provision established in its financial statements will sufficiently cover the risk associated with this issue . cashpoint bankruptcy ( entergy arkansas , entergy gulf states , entergy louisiana , entergy mississippi , and entergy new orleans ) in 2003 the domestic utility companies entered an agreement with cashpoint network services ( cashpoint ) under which cashpoint was to manage a network of payment agents through which entergy's utility customers could pay their bills . the payment agent system allows customers to pay their bills at various commercial or governmental locations , rather than sending payments by mail . approximately one-third of entergy's utility customers use payment agents . on april 19 , 2004 , cashpoint failed to pay funds due to the domestic utility companies that had been collected through payment agents . the domestic utility companies then obtained a temporary restraining order from the civil district court for the parish of orleans , state of louisiana , enjoining cashpoint from distributing funds belonging to entergy , except by paying those funds to entergy . on april 22 , 2004 , a petition for involuntary chapter 7 bankruptcy was filed against cashpoint by other creditors in the united states bankruptcy court for the southern district of new york . in response to these events , the domestic utility companies expanded an existing contract with another company to manage all of their payment agents . the domestic utility companies filed proofs of claim in the cashpoint bankruptcy proceeding in september 2004 . although entergy cannot precisely determine at this time the amount that cashpoint owes to the domestic utility companies that may not be repaid , it has accrued an estimate of loss based on current information . if no cash is repaid to the domestic utility companies , an event entergy does not believe is likely , the current estimates of maximum exposure to loss are approximately as follows : amount ( in millions ) .
||amount ( in millions )|
|entergy arkansas|$ 1.8|
|entergy gulf states|$ 7.7|
|entergy louisiana|$ 8.8|
|entergy mississippi|$ 4.3|
|entergy new orleans|$ 2.4|
environmental issues ( entergy gulf states ) entergy gulf states has been designated as a prp for the cleanup of certain hazardous waste disposal sites . as of december 31 , 2004 , entergy gulf states does not expect the remaining clean-up costs to exceed its recorded liability of $ 1.5 million for the remaining sites at which the epa has designated entergy gulf states as a prp. .
Question: what is the maximum exposure to loss for entergy if no cash is repaid to domestic utility companies , in millions?
Answer:
|
25.0
|
what is the maximum exposure to loss for entergy if no cash is repaid to domestic utility companies , in millions?
|
{
"options": {
"A": "1.8",
"B": "7.7",
"C": "25.0",
"D": "4.3"
},
"goldenKey": "C"
}
|
{
"A": "1.8",
"B": "7.7",
"C": "25.0",
"D": "4.3"
}
|
C
|
finqa1489
|
Please answer the given financial question based on the context.
Context: related expenses incurred by our logistics subsidiaries for external transportation and increased crew transportation and lodging due to volumes and a slower network . in addition , higher consulting fees and higher contract expenses ( including equipment maintenance ) increased costs compared to 2013 . locomotive and freight car material expenses increased in 2014 compared to 2013 due to additional volumes , including the impact of activating stored equipment to address operational issues caused by demand and a slower network . expenses for purchased services increased 10% ( 10 % ) in 2013 compared to 2012 due to logistics management fees , an increase in locomotive overhauls and repairs on jointly owned property . depreciation 2013 the majority of depreciation relates to road property , including rail , ties , ballast , and other track material . depreciation was up 7% ( 7 % ) compared to 2013 . a higher depreciable asset base , reflecting higher ongoing capital spending drove the increase . depreciation was up 1% ( 1 % ) in 2013 compared to 2012 . recent depreciation studies allowed us to use longer estimated service lives for certain equipment , which partially offset the impact of a higher depreciable asset base resulting from larger capital spending in recent years . equipment and other rents 2013 equipment and other rents expense primarily includes rental expense that the railroad pays for freight cars owned by other railroads or private companies ; freight car , intermodal , and locomotive leases ; and office and other rent expenses . higher intermodal volumes and longer cycle times increased short-term freight car rental expense in 2014 compared to 2013 . lower equipment leases essentially offset the higher freight car rental expense , as we exercised purchase options on some of our leased equipment . additional container costs resulting from the logistics management arrangement , and increased automotive shipments , partially offset by lower cycle times drove a $ 51 million increase in our short-term freight car rental expense in 2013 versus 2012 . conversely , lower locomotive and freight car lease expenses partially offset the higher freight car rental expense . other 2013 other expenses include state and local taxes , freight , equipment and property damage , utilities , insurance , personal injury , environmental , employee travel , telephone and cellular , computer software , bad debt , and other general expenses . higher property taxes , personal injury expense and utilities costs partially offset by lower environmental expense and costs associated with damaged freight drove the increase in other costs in 2014 compared to 2013 . higher property taxes and costs associated with damaged freight and property increased other costs in 2013 compared to 2012 . continued improvement in our safety performance and lower estimated liability for personal injury , which reduced our personal injury expense year-over-year , partially offset increases in other costs . non-operating items millions 2014 2013 2012 % ( % ) change 2014 v 2013 % ( % ) change 2013 v 2012 .
|millions|2014|2013|2012|% ( % ) change 2014 v 2013|% ( % ) change2013 v 2012|
|other income|$ 151|$ 128|$ 108|18% ( 18 % )|19% ( 19 % )|
|interest expense|-561 ( 561 )|-526 ( 526 )|-535 ( 535 )|7|-2 ( 2 )|
|income taxes|-3163 ( 3163 )|-2660 ( 2660 )|-2375 ( 2375 )|19% ( 19 % )|12% ( 12 % )|
other income 2013 other income increased in 2014 versus 2013 due to higher gains from real estate sales and a sale of a permanent easement . these gains were partially offset by higher environmental costs on non-operating property in 2014 and lower lease income due to the $ 17 million settlement of a land lease contract in 2013 . other income increased in 2013 versus 2012 due to higher gains from real estate sales and increased lease income , including the favorable impact from the $ 17 million settlement of a land lease contract . these increases were partially offset by interest received from a tax refund in 2012. .
Question: assuming an average interest rate of 7% ( 7 % ) , what is the implied composite debt level for 2014 , in millions?
Answer:
|
8014.28571
|
assuming an average interest rate of 7% ( 7 % ) , what is the implied composite debt level for 2014 , in millions?
|
{
"options": {
"A": "8014.28571",
"B": "8050.00000",
"C": "7980.00000",
"D": "8100.00000"
},
"goldenKey": "A"
}
|
{
"A": "8014.28571",
"B": "8050.00000",
"C": "7980.00000",
"D": "8100.00000"
}
|
A
|
finqa1490
|
Please answer the given financial question based on the context.
Context: entergy corporation and subsidiaries notes to financial statements computed on a rolling 12 month basis . as of december 31 , 2008 , entergy louisiana was in compliance with these provisions . as of december 31 , 2008 , entergy louisiana had future minimum lease payments ( reflecting an overall implicit rate of 7.45% ( 7.45 % ) ) in connection with the waterford 3 sale and leaseback transactions , which are recorded as long-term debt , as follows : amount ( in thousands ) .
||amount ( in thousands )|
|2009|$ 32452|
|2010|35138|
|2011|50421|
|2012|39067|
|2013|26301|
|years thereafter|137858|
|total|321237|
|less : amount representing interest|73512|
|present value of net minimum lease payments|$ 247725|
grand gulf lease obligations in december 1988 , in two separate but substantially identical transactions , system energy sold and leased back undivided ownership interests in grand gulf for the aggregate sum of $ 500 million . the interests represent approximately 11.5% ( 11.5 % ) of grand gulf . the leases expire in 2015 . under certain circumstances , system entergy may repurchase the leased interests prior to the end of the term of the leases . at the end of the lease terms , system energy has the option to repurchase the leased interests in grand gulf at fair market value or to renew the leases for either fair market value or , under certain conditions , a fixed rate . in may 2004 , system energy caused the grand gulf lessors to refinance the outstanding bonds that they had issued to finance the purchase of their undivided interest in grand gulf . the refinancing is at a lower interest rate , and system energy's lease payments have been reduced to reflect the lower interest costs . system energy is required to report the sale-leaseback as a financing transaction in its financial statements . for financial reporting purposes , system energy expenses the interest portion of the lease obligation and the plant depreciation . however , operating revenues include the recovery of the lease payments because the transactions are accounted for as a sale and leaseback for ratemaking purposes . consistent with a recommendation contained in a ferc audit report , system energy initially recorded as a net regulatory asset the difference between the recovery of the lease payments and the amounts expensed for interest and depreciation and continues to record this difference as a regulatory asset or liability on an ongoing basis , resulting in a zero net balance for the regulatory asset at the end of the lease term . the amount of this net regulatory asset was $ 19.2 million and $ 36.6 million as of december 31 , 2008 and 2007 , respectively. .
Question: what is the growth rate in the net regulatory asset in 2008 compare 2007?
Answer:
|
-0.47541
|
what is the growth rate in the net regulatory asset in 2008 compare 2007?
|
{
"options": {
"A": "-0.47541",
"B": "0.47541",
"C": "0.0366",
"D": "-0.0366"
},
"goldenKey": "A"
}
|
{
"A": "-0.47541",
"B": "0.47541",
"C": "0.0366",
"D": "-0.0366"
}
|
A
|
finqa1491
|
Please answer the given financial question based on the context.
Context: shareowner return performance graph the following performance graph and related information shall not be deemed 201csoliciting material 201d or to be 201cfiled 201d with the sec , nor shall such information be incorporated by reference into any future filing under the securities act of 1933 or securities exchange act of 1934 , each as amended , except to the extent that the company specifically incorporates such information by reference into such filing . the following graph shows a five year comparison of cumulative total shareowners 2019 returns for our class b common stock , the standard & poor 2019s 500 index , and the dow jones transportation average . the comparison of the total cumulative return on investment , which is the change in the quarterly stock price plus reinvested dividends for each of the quarterly periods , assumes that $ 100 was invested on december 31 , 2010 in the standard & poor 2019s 500 index , the dow jones transportation average , and our class b common stock. .
||12/31/2010|12/31/2011|12/31/2012|12/31/2013|12/31/2014|12/31/2015|
|united parcel service inc .|$ 100.00|$ 103.88|$ 107.87|$ 158.07|$ 171.77|$ 160.61|
|standard & poor 2019s 500 index|$ 100.00|$ 102.11|$ 118.43|$ 156.77|$ 178.22|$ 180.67|
|dow jones transportation average|$ 100.00|$ 100.01|$ 107.49|$ 151.97|$ 190.08|$ 158.23|
.
Question: what was the difference in percentage total cumulative return on investment for united parcel service inc . compared to the standard & poor 2019s 500 index the for the five year period ending 12/31/2015?
Answer:
|
-0.2006
|
what was the difference in percentage total cumulative return on investment for united parcel service inc . compared to the standard & poor 2019s 500 index the for the five year period ending 12/31/2015?
|
{
"options": {
"A": "-0.2006",
"B": "0.2006",
"C": "-0.006",
"D": "0.006"
},
"goldenKey": "A"
}
|
{
"A": "-0.2006",
"B": "0.2006",
"C": "-0.006",
"D": "0.006"
}
|
A
|
finqa1492
|
Please answer the given financial question based on the context.
Context: $ 43.3 million in 2011 compared to $ 34.1 million in 2010 . the retail segment represented 13% ( 13 % ) and 15% ( 15 % ) of the company 2019s total net sales in 2011 and 2010 , respectively . the retail segment 2019s operating income was $ 4.7 billion , $ 3.2 billion , and $ 2.3 billion during 2012 , 2011 , and 2010 respectively . these year-over-year increases in retail operating income were primarily attributable to higher overall net sales that resulted in significantly higher average revenue per store during the respective years . gross margin gross margin for 2012 , 2011 and 2010 are as follows ( in millions , except gross margin percentages ) : .
||2012|2011|2010|
|net sales|$ 156508|$ 108249|$ 65225|
|cost of sales|87846|64431|39541|
|gross margin|$ 68662|$ 43818|$ 25684|
|gross margin percentage|43.9% ( 43.9 % )|40.5% ( 40.5 % )|39.4% ( 39.4 % )|
the gross margin percentage in 2012 was 43.9% ( 43.9 % ) , compared to 40.5% ( 40.5 % ) in 2011 . this year-over-year increase in gross margin was largely driven by lower commodity and other product costs , a higher mix of iphone sales , and improved leverage on fixed costs from higher net sales . the increase in gross margin was partially offset by the impact of a stronger u.s . dollar . the gross margin percentage during the first half of 2012 was 45.9% ( 45.9 % ) compared to 41.4% ( 41.4 % ) during the second half of 2012 . the primary drivers of higher gross margin in the first half of 2012 compared to the second half are a higher mix of iphone sales and improved leverage on fixed costs from higher net sales . additionally , gross margin in the second half of 2012 was also affected by the introduction of new products with flat pricing that have higher cost structures and deliver greater value to customers , price reductions on certain existing products , higher transition costs associated with product launches , and continued strengthening of the u.s . dollar ; partially offset by lower commodity costs . the gross margin percentage in 2011 was 40.5% ( 40.5 % ) , compared to 39.4% ( 39.4 % ) in 2010 . this year-over-year increase in gross margin was largely driven by lower commodity and other product costs . the company expects to experience decreases in its gross margin percentage in future periods , as compared to levels achieved during 2012 , and the company anticipates gross margin of about 36% ( 36 % ) during the first quarter of 2013 . expected future declines in gross margin are largely due to a higher mix of new and innovative products with flat or reduced pricing that have higher cost structures and deliver greater value to customers and anticipated component cost and other cost increases . future strengthening of the u.s . dollar could further negatively impact gross margin . the foregoing statements regarding the company 2019s expected gross margin percentage in future periods , including the first quarter of 2013 , are forward-looking and could differ from actual results because of several factors including , but not limited to those set forth above in part i , item 1a of this form 10-k under the heading 201crisk factors 201d and those described in this paragraph . in general , gross margins and margins on individual products will remain under downward pressure due to a variety of factors , including continued industry wide global product pricing pressures , increased competition , compressed product life cycles , product transitions and potential increases in the cost of components , as well as potential increases in the costs of outside manufacturing services and a potential shift in the company 2019s sales mix towards products with lower gross margins . in response to competitive pressures , the company expects it will continue to take product pricing actions , which would adversely affect gross margins . gross margins could also be affected by the company 2019s ability to manage product quality and warranty costs effectively and to stimulate demand for certain of its products . due to the company 2019s significant international operations , financial results can be significantly affected in the short-term by fluctuations in exchange rates. .
Question: what was the percentage change in net sales from 2010 to 2011?
Answer:
|
0.65962
|
what was the percentage change in net sales from 2010 to 2011?
|
{
"options": {
"A": "0.65962%",
"B": "0.65962",
"C": "65.962%",
"D": "65.962"
},
"goldenKey": "A"
}
|
{
"A": "0.65962%",
"B": "0.65962",
"C": "65.962%",
"D": "65.962"
}
|
A
|
finqa1493
|
Please answer the given financial question based on the context.
Context: the company will continue to rely upon debt and capital markets for the majority of any necessary long-term funding not provided by operating cash flows . funding decisions will be guided by our capital structure planning objectives . the primary goals of the company 2019s capital structure planning are to maximize financial flexibility and preserve liquidity while reducing interest expense . the majority of international paper 2019s debt is accessed through global public capital markets where we have a wide base of investors . maintaining an investment grade credit rating is an important element of international paper 2019s financing strategy . at december 31 , 2015 , the company held long-term credit ratings of bbb ( stable outlook ) and baa2 ( stable outlook ) by s&p and moody 2019s , respectively . contractual obligations for future payments under existing debt and lease commitments and purchase obligations at december 31 , 2015 , were as follows: .
|in millions|2015|2016|2017|2018|2019|thereafter|
|maturities of long-term debt ( a )|$ 426|$ 43|$ 811|$ 427|$ 183|$ 7436|
|lease obligations|118|95|72|55|41|128|
|purchase obligations ( b )|3001|541|447|371|358|1579|
|total ( c )|$ 3545|$ 679|$ 1330|$ 853|$ 582|$ 9143|
( a ) total debt includes scheduled principal payments only . ( b ) includes $ 2.1 billion relating to fiber supply agreements entered into at the time of the 2006 transformation plan forestland sales and in conjunction with the 2008 acquisition of weyerhaeuser company 2019s containerboard , packaging and recycling business . ( c ) not included in the above table due to the uncertainty as to the amount and timing of the payment are unrecognized tax benefits of approximately $ 101 million . we consider the undistributed earnings of our foreign subsidiaries as of december 31 , 2015 , to be indefinitely reinvested and , accordingly , no u.s . income taxes have been provided thereon . as of december 31 , 2015 , the amount of cash associated with indefinitely reinvested foreign earnings was approximately $ 600 million . we do not anticipate the need to repatriate funds to the united states to satisfy domestic liquidity needs arising in the ordinary course of business , including liquidity needs associated with our domestic debt service requirements . pension obligations and funding at december 31 , 2015 , the projected benefit obligation for the company 2019s u.s . defined benefit plans determined under u.s . gaap was approximately $ 3.5 billion higher than the fair value of plan assets . approximately $ 3.2 billion of this amount relates to plans that are subject to minimum funding requirements . under current irs funding rules , the calculation of minimum funding requirements differs from the calculation of the present value of plan benefits ( the projected benefit obligation ) for accounting purposes . in december 2008 , the worker , retiree and employer recovery act of 2008 ( wera ) was passed by the u.s . congress which provided for pension funding relief and technical corrections . funding contributions depend on the funding method selected by the company , and the timing of its implementation , as well as on actual demographic data and the targeted funding level . the company continually reassesses the amount and timing of any discretionary contributions and elected to make contributions totaling $ 750 million and $ 353 million for the years ended december 31 , 2015 and 2014 , respectively . at this time , we do not expect to have any required contributions to our plans in 2016 , although the company may elect to make future voluntary contributions . the timing and amount of future contributions , which could be material , will depend on a number of factors , including the actual earnings and changes in values of plan assets and changes in interest rates . international paper has announced a voluntary , limited-time opportunity for former employees who are participants in the retirement plan of international paper company ( the pension plan ) to request early payment of their entire pension plan benefit in the form of a single lump sum payment . eligible participants who wish to receive the lump sum payment must make an election between february 29 and april 29 , 2016 , and payment is scheduled to be made on or before june 30 , 2016 . all payments will be made from the pension plan trust assets . the target population has a total liability of $ 3.0 billion . the amount of the total payments will depend on the participation rate of eligible participants , but is expected to be approximately $ 1.5 billion . based on the expected level of payments , settlement accounting rules will apply in the period in which the payments are made . this will result in a plan remeasurement and the recognition in earnings of a pro-rata portion of unamortized net actuarial loss . ilim holding s.a . shareholder 2019s agreement in october 2007 , in connection with the formation of the ilim holding s.a . joint venture , international paper entered into a shareholder 2019s agreement that includes provisions relating to the reconciliation of disputes among the partners . this agreement was amended on may 7 , 2014 . pursuant to the amended agreement , beginning on january 1 , 2017 , either the company or its partners may commence certain procedures specified under the deadlock provisions . if these or any other deadlock provisions are commenced , the company may in certain situations , choose to purchase its partners 2019 50% ( 50 % ) interest in ilim . any such transaction would be subject to review and approval by russian and other relevant antitrust authorities . any such purchase by international paper would result in the consolidation of ilim 2019s financial position and results of operations in all subsequent periods. .
Question: what percentage of contractual obligations for future payments under existing debt and lease commitments and purchase obligations at december 31 , 2015 are due to maturities of long-term debt in 2016?
Answer:
|
0.06333
|
what percentage of contractual obligations for future payments under existing debt and lease commitments and purchase obligations at december 31 , 2015 are due to maturities of long-term debt in 2016?
|
{
"options": {
"A": "0.06333%",
"B": "0.00633%",
"C": "0.6333%",
"D": "0.0633%"
},
"goldenKey": "A"
}
|
{
"A": "0.06333%",
"B": "0.00633%",
"C": "0.6333%",
"D": "0.0633%"
}
|
A
|
finqa1494
|
Please answer the given financial question based on the context.
Context: in accordance with sfas no . 142 , goodwill and other intangible assets , the goodwill is not amortized , but will be subject to a periodic assessment for impairment by applying a fair-value-based test . none of this goodwill is expected to be deductible for tax purposes . the company performs its annual test for impairment of goodwill in may of each year . the company is required to perform a periodic assessment between annual tests in certain circumstances . the company has performed its annual test of goodwill as of may 1 , 2006 and has determined there was no impairment of goodwill during 2006 . the company allocated $ 15.8 million of the purchase price to in-process research and development projects . in-process research and development ( ipr&d ) represents the valuation of acquired , to-be- completed research projects . at the acquisition date , cyvera 2019s ongoing research and development initiatives were primarily involved with the development of its veracode technology and the beadxpress reader . these two projects were approximately 50% ( 50 % ) and 25% ( 25 % ) complete at the date of acquisition , respectively . as of december 31 , 2006 , these two projects were approximately 90% ( 90 % ) and 80% ( 80 % ) complete , respectively . the value assigned to purchased ipr&d was determined by estimating the costs to develop the acquired technology into commercially viable products , estimating the resulting net cash flows from the projects , and discounting the net cash flows to their present value . the revenue projections used to value the ipr&d were , in some cases , reduced based on the probability of developing a new technology , and considered the relevant market sizes and growth factors , expected trends in technology , and the nature and expected timing of new product introductions by the company and its competitors . the resulting net cash flows from such projects are based on the company 2019s estimates of cost of sales , operating expenses , and income taxes from such projects . the rates utilized to discount the net cash flows to their present value were based on estimated cost of capital calculations . due to the nature of the forecast and the risks associated with the projected growth and profitability of the developmental projects , discount rates of 30% ( 30 % ) were considered appropriate for the ipr&d . the company believes that these discount rates were commensurate with the projects 2019stage of development and the uncertainties in the economic estimates described above . if these projects are not successfully developed , the sales and profitability of the combined company may be adversely affected in future periods . the company believes that the foregoing assumptions used in the ipr&d analysis were reasonable at the time of the acquisition . no assurance can be given , however , that the underlying assumptions used to estimate expected project sales , development costs or profitability , or the events associated with such projects , will transpire as estimated . at the date of acquisition , the development of these projects had not yet reached technological feasibility , and the research and development in progress had no alternative future uses . accordingly , these costs were charged to expense in the second quarter of 2005 . the following unaudited pro forma information shows the results of the company 2019s operations for the years ended january 1 , 2006 and january 2 , 2005 as though the acquisition had occurred as of the beginning of the periods presented ( in thousands , except per share data ) : year ended january 1 , year ended january 2 .
||year ended january 1 2006|year ended january 2 2005|
|revenue|$ 73501|$ 50583|
|net loss|-6234 ( 6234 )|-9965 ( 9965 )|
|net loss per share basic and diluted|-0.15 ( 0.15 )|-0.27 ( 0.27 )|
illumina , inc . notes to consolidated financial statements 2014 ( continued ) .
Question: what was the percentage change in net loss between 2005 and 2006?
Answer:
|
0.37441
|
what was the percentage change in net loss between 2005 and 2006?
|
{
"options": {
"A": "0.15",
"B": "0.27",
"C": "0.37441",
"D": "0.6234"
},
"goldenKey": "C"
}
|
{
"A": "0.15",
"B": "0.27",
"C": "0.37441",
"D": "0.6234"
}
|
C
|
finqa1496
|
Please answer the given financial question based on the context.
Context: adobe systems incorporated notes to consolidated financial statements ( continued ) in the first quarter of fiscal 2013 , the executive compensation committee certified the actual performance achievement of participants in the 2012 performance share program ( the 201c2012 program 201d ) . based upon the achievement of specific and/or market- based performance goals outlined in the 2012 program , participants had the ability to receive up to 150% ( 150 % ) of the target number of shares originally granted . actual performance resulted in participants achieving 116% ( 116 % ) of target or approximately 1.3 million shares for the 2012 program . one third of the shares under the 2012 program vested in the first quarter of fiscal 2013 and the remaining two thirds vest evenly on the following two anniversaries of the grant , contingent upon the recipient's continued service to adobe . in the first quarter of fiscal 2012 , the executive compensation committee certified the actual performance achievement of participants in the 2011 performance share program ( the 201c2011 program 201d ) . based upon the achievement of goals outlined in the 2011 program , participants had the ability to receive up to 150% ( 150 % ) of the target number of shares originally granted . actual performance resulted in participants achieving 130% ( 130 % ) of target or approximately 0.5 million shares for the 2011 program . one third of the shares under the 2011 program vested in the first quarter of fiscal 2012 and the remaining two thirds vest evenly on the following two annual anniversary dates of the grant , contingent upon the recipient's continued service to adobe . in the first quarter of fiscal 2011 , the executive compensation committee certified the actual performance achievement of participants in the 2010 performance share program ( the 201c2010 program 201d ) . based upon the achievement of goals outlined in the 2010 program , participants had the ability to receive up to 150% ( 150 % ) of the target number of shares originally granted . actual performance resulted in participants achieving 135% ( 135 % ) of target or approximately 0.3 million shares for the 2010 program . one third of the shares under the 2011 program vested in the first quarter of fiscal 2012 and the remaining two thirds vest evenly on the following two annual anniversary dates of the grant , contingent upon the recipient's continued service to adobe . the following table sets forth the summary of performance share activity under our 2010 , 2011 and 2012 programs , based upon share awards actually achieved , for the fiscal years ended november 29 , 2013 , november 30 , 2012 and december 2 , 2011 ( in thousands ) : .
||2013|2012|2011|
|beginning outstanding balance|388|405|557|
|achieved|1279|492|337|
|released|-665 ( 665 )|-464 ( 464 )|-436 ( 436 )|
|forfeited|-141 ( 141 )|-45 ( 45 )|-53 ( 53 )|
|ending outstanding balance|861|388|405|
the total fair value of performance awards vested during fiscal 2013 , 2012 and 2011 was $ 25.4 million , $ 14.4 million and $ 14.8 million , respectively. .
Question: based upon the achievement of goals outlined in the 2011 program , what was the difference in percentage points between the maximum % ( % ) of the target number vs . actual performance % ( % ) for the 2011 program?
Answer:
|
20.0
|
based upon the achievement of goals outlined in the 2011 program , what was the difference in percentage points between the maximum % ( % ) of the target number vs . actual performance % ( % ) for the 2011 program?
|
{
"options": {
"A": "10.0",
"B": "15.0",
"C": "20.0",
"D": "25.0"
},
"goldenKey": "C"
}
|
{
"A": "10.0",
"B": "15.0",
"C": "20.0",
"D": "25.0"
}
|
C
|
finqa1497
|
Please answer the given financial question based on the context.
Context: vertex pharmaceuticals incorporated notes to consolidated financial statements ( continued ) o . significant revenue arrangements ( continued ) $ 7 million of development and commercialization milestone payments . additionally , kissei agreed to reimburse the company for certain development costs , including a portion of costs for phase 2 trials of vx-702 . research funding ended under this program in june 2000 , and the company has received the full amount of research funding specified under the agreement . kissei has exclusive rights to develop and commercialize vx-702 in japan and certain far east countries and co-exclusive rights in china , taiwan and south korea . the company retains exclusive marketing rights outside the far east and co-exclusive rights in china , taiwan and south korea . in addition , the company will have the right to supply bulk drug material to kissei for sale in its territory and will receive royalties or drug supply payments on future product sales , if any . in 2006 , 2005 and 2004 , approximately $ 6.4 million , $ 7.3 million and $ 3.5 million , respectively , was recognized as revenue under this agreement . the $ 7.3 million of revenue recognized in 2005 includes a $ 2.5 million milestone paid upon kissei 2019s completion of regulatory filings in preparation for phase 1 clinical development of vx-702 in japan . p . employee benefits the company has a 401 ( k ) retirement plan ( the 201cvertex 401 ( k ) plan 201d ) in which substantially all of its permanent employees are eligible to participate . participants may contribute up to 60% ( 60 % ) of their annual compensation to the vertex 401 ( k ) plan , subject to statutory limitations . the company may declare discretionary matching contributions to the vertex 401 ( k ) plan that are payable in the form of vertex common stock . the match is paid in the form of fully vested interests in a vertex common stock fund . employees have the ability to transfer funds from the company stock fund as they choose . the company declared matching contributions to the vertex 401 ( k ) plan as follows ( in thousands ) : q . related party transactions as of december 31 , 2006 , 2005 and 2004 , the company had a loan outstanding to a former officer of the company in the amount of $ 36000 , $ 36000 , $ 97000 , respectively , which was initially advanced in april 2002 . the loan balance is included in other assets on the consolidated balance sheets . in 2001 , the company entered into a four year consulting agreement with a director of the company for the provision of part-time consulting services over a period of four years , at the rate of $ 80000 per year commencing in january 2002 . the consulting agreement terminated in january 2006 . r . contingencies the company has certain contingent liabilities that arise in the ordinary course of its business activities . the company accrues a reserve for contingent liabilities when it is probable that future expenditures will be made and such expenditures can be reasonably estimated. .
||2006|2005|2004|
|discretionary matching contributions during the year ended december 31,|$ 3341|$ 2894|$ 2492|
|shares issued during the year ended december 31,|91|215|239|
|shares issuable as of the year ended december 31,|28|19|57|
discretionary matching contributions during the year ended december 31 , $ 3341 $ 2894 $ 2492 shares issued during the year ended december 31 , 91 215 239 shares issuable as of the year ended december 31 , 28 19 57 .
Question: what was the percent change in revenue recognized under the agreement between 2004and 2005?
Answer:
|
1.08571
|
what was the percent change in revenue recognized under the agreement between 2004and 2005?
|
{
"options": {
"A": "10.8571%",
"B": "8.5714%",
"C": "1.0857%",
"D": "0.10857%"
},
"goldenKey": "C"
}
|
{
"A": "10.8571%",
"B": "8.5714%",
"C": "1.0857%",
"D": "0.10857%"
}
|
C
|
finqa1498
|
Please answer the given financial question based on the context.
Context: notes to the consolidated financial statements union pacific corporation and subsidiary companies for purposes of this report , unless the context otherwise requires , all references herein to the 201ccorporation 201d , 201cupc 201d , 201cwe 201d , 201cus 201d , and 201cour 201d mean union pacific corporation and its subsidiaries , including union pacific railroad company , which will be separately referred to herein as 201cuprr 201d or the 201crailroad 201d . 1 . nature of operations operations and segmentation 2013 we are a class i railroad operating in the u.s . our network includes 31868 route miles , linking pacific coast and gulf coast ports with the midwest and eastern u.s . gateways and providing several corridors to key mexican gateways . we own 26020 miles and operate on the remainder pursuant to trackage rights or leases . we serve the western two-thirds of the country and maintain coordinated schedules with other rail carriers for the handling of freight to and from the atlantic coast , the pacific coast , the southeast , the southwest , canada , and mexico . export and import traffic is moved through gulf coast and pacific coast ports and across the mexican and canadian borders . the railroad , along with its subsidiaries and rail affiliates , is our one reportable operating segment . although we provide and review revenue by commodity group , we analyze the net financial results of the railroad as one segment due to the integrated nature of our rail network . the following table provides freight revenue by commodity group : millions 2012 2011 2010 .
|millions|2012|2011|2010|
|agricultural|$ 3280|$ 3324|$ 3018|
|automotive|1807|1510|1271|
|chemicals|3238|2815|2425|
|coal|3912|4084|3489|
|industrial products|3494|3166|2639|
|intermodal|3955|3609|3227|
|total freight revenues|$ 19686|$ 18508|$ 16069|
|other revenues|1240|1049|896|
|total operatingrevenues|$ 20926|$ 19557|$ 16965|
although our revenues are principally derived from customers domiciled in the u.s. , the ultimate points of origination or destination for some products transported by us are outside the u.s . each of our commodity groups includes revenue from shipments to and from mexico . included in the above table are revenues from our mexico business which amounted to $ 1.9 billion in 2012 , $ 1.8 billion in 2011 , and $ 1.6 billion in 2010 . basis of presentation 2013 the consolidated financial statements are presented in accordance with accounting principles generally accepted in the u.s . ( gaap ) as codified in the financial accounting standards board ( fasb ) accounting standards codification ( asc ) . 2 . significant accounting policies principles of consolidation 2013 the consolidated financial statements include the accounts of union pacific corporation and all of its subsidiaries . investments in affiliated companies ( 20% ( 20 % ) to 50% ( 50 % ) owned ) are accounted for using the equity method of accounting . all intercompany transactions are eliminated . we currently have no less than majority-owned investments that require consolidation under variable interest entity requirements . cash and cash equivalents 2013 cash equivalents consist of investments with original maturities of three months or less . accounts receivable 2013 accounts receivable includes receivables reduced by an allowance for doubtful accounts . the allowance is based upon historical losses , credit worthiness of customers , and current economic conditions . receivables not expected to be collected in one year and the associated allowances are classified as other assets in our consolidated statements of financial position. .
Question: revenues from mexico are how much of total operating revenues in 2012?
Answer:
|
0.0908
|
revenues from mexico are how much of total operating revenues in 2012?
|
{
"options": {
"A": "0.0908",
"B": "0.0861",
"C": "0.0915",
"D": "0.0873"
},
"goldenKey": "A"
}
|
{
"A": "0.0908",
"B": "0.0861",
"C": "0.0915",
"D": "0.0873"
}
|
A
|
finqa1499
|
Please answer the given financial question based on the context.
Context: the following tables present a reconciliation of the beginning and ending balances of the fair value measurements using significant unobservable inputs ( level 3 ) for 2017 and 2016 , respectively: .
||level 3|
|balance as of january 1 2017|$ 140|
|actual return on assets|2|
|purchases issuances and settlements net|136|
|balance as of december 31 2017|$ 278|
purchases , issuances and settlements , net . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ( 4 ) balance as of december 31 , 2016 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 140 the company 2019s postretirement benefit plans have different levels of funded status and the assets are held under various trusts . the investments and risk mitigation strategies for the plans are tailored specifically for each trust . in setting new strategic asset mixes , consideration is given to the likelihood that the selected asset allocation will effectively fund the projected plan liabilities and meet the risk tolerance criteria of the company . the company periodically updates the long-term , strategic asset allocations for these plans through asset liability studies and uses various analytics to determine the optimal asset allocation . considerations include plan liability characteristics , liquidity needs , funding requirements , expected rates of return and the distribution of returns . strategies to address the goal of ensuring sufficient assets to pay benefits include target allocations to a broad array of asset classes and , within asset classes , strategies are employed to provide adequate returns , diversification and liquidity . in 2012 , the company implemented a de-risking strategy for the american water pension plan after conducting an asset-liability study to reduce the volatility of the funded status of the plan . as part of the de-risking strategy , the company revised the asset allocations to increase the matching characteristics of fixed-income assets relative to liabilities . the fixed income portion of the portfolio was designed to match the bond-like and long-dated nature of the postretirement liabilities . in 2017 , the company further increased its exposure to liability-driven investing and increased its fixed-income allocation to 50% ( 50 % ) , up from 40% ( 40 % ) , in an effort to further decrease the funded status volatility of the plan and hedge the portfolio from movements in interest rates . in 2012 , the company also implemented a de-risking strategy for the medical bargaining trust within the plan to minimize volatility . in 2017 , the company conducted a new asset-liability study that indicated medical trend inflation that outpaced the consumer price index by more than 2% ( 2 % ) for the last 20 years . given continuously rising medical costs , the company decided to increase the equity exposure of the portfolio to 30% ( 30 % ) , up from 20% ( 20 % ) , while reducing the fixed-income portion of the portfolio from 80% ( 80 % ) to 70% ( 70 % ) . the company also conducted an asset-liability study for the post-retirement non-bargaining medical plan . its allocation was adjusted to make it more conservative , reducing the equity allocation from 70% ( 70 % ) to 60% ( 60 % ) and increasing the fixed- income allocation from 30% ( 30 % ) to 40% ( 40 % ) . the post-retirement medical non-bargaining plan 2019s equity allocation was reduced due to the cap on benefits for some non-union participants and resultant reduction in the plan 2019s liabilities . these changes will take place in 2018 . the company engages third party investment managers for all invested assets . managers are not permitted to invest outside of the asset class ( e.g . fixed income , equity , alternatives ) or strategy for which they have been appointed . investment management agreements and recurring performance and attribution analysis are used as tools to ensure investment managers invest solely within the investment strategy they have been provided . futures and options may be used to adjust portfolio duration to align with a plan 2019s targeted investment policy. .
Question: what was the actual return on assets as a percentage of beginning 2017 balance?
Answer:
|
0.01429
|
what was the actual return on assets as a percentage of beginning 2017 balance?
|
{
"options": {
"A": "0.01429%",
"B": "0.014%",
"C": "0.1429%",
"D": "0.14%"
},
"goldenKey": "A"
}
|
{
"A": "0.01429%",
"B": "0.014%",
"C": "0.1429%",
"D": "0.14%"
}
|
A
|
finqa1500
|
Please answer the given financial question based on the context.
Context: entergy gulf states louisiana , l.l.c . management 2019s financial discussion and analysis plan to spin off the utility 2019s transmission business see the 201cplan to spin off the utility 2019s transmission business 201d section of entergy corporation and subsidiaries management 2019s financial discussion and analysis for a discussion of this matter , including the planned retirement of debt and preferred securities . results of operations net income 2011 compared to 2010 net income increased $ 12.3 million primarily due to lower interest expense and lower other operation and maintenance expenses , offset by higher depreciation and amortization expenses and a higher effective income tax 2010 compared to 2009 net income increased $ 37.7 million primarily due to higher net revenue , a lower effective income tax rate , and lower interest expense , offset by higher other operation and maintenance expenses , lower other income , and higher taxes other than income taxes . net revenue 2011 compared to 2010 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 credits . following is an analysis of the change in net revenue comparing 2011 to 2010 . amount ( in millions ) .
||amount ( in millions )|
|2010 net revenue|$ 933.6|
|retail electric price|-20.1 ( 20.1 )|
|volume/weather|-5.2 ( 5.2 )|
|fuel recovery|14.8|
|transmission revenue|12.4|
|other|-2.1 ( 2.1 )|
|2011 net revenue|$ 933.4|
the retail electric price variance is primarily due to an increase in credits passed on to customers as a result of the act 55 storm cost financing . see 201cmanagement 2019s financial discussion and analysis 2013 hurricane gustav and hurricane ike 201d and note 2 to the financial statements for a discussion of the act 55 storm cost financing . the volume/weather variance is primarily due to less favorable weather on the residential sector as well as the unbilled sales period . the decrease was partially offset by an increase of 62 gwh , or 0.3% ( 0.3 % ) , in billed electricity usage , primarily due to increased consumption by an industrial customer as a result of the customer 2019s cogeneration outage and the addition of a new production unit by the industrial customer . the fuel recovery variance resulted primarily from an adjustment to deferred fuel costs in 2010 . see note 2 to the financial statements for a discussion of fuel recovery. .
Question: what as the percent of the net revenue from transmission in 2011
Answer:
|
0.01328
|
what as the percent of the net revenue from transmission in 2011
|
{
"options": {
"A": "0.00132",
"B": "0.01328",
"C": "0.1328",
"D": "1.328"
},
"goldenKey": "B"
}
|
{
"A": "0.00132",
"B": "0.01328",
"C": "0.1328",
"D": "1.328"
}
|
B
|
finqa1501
|
Please answer the given financial question based on the context.
Context: contributions and expected benefit payments the funding of our qualified defined benefit pension plans is determined in accordance with erisa , as amended by the ppa , and in a manner consistent with cas and internal revenue code rules . there were no contributions to our legacy qualified defined benefit pension plans during 2016 . we do not plan to make contributions to our legacy pension plans in 2017 because none are required using current assumptions including investment returns on plan assets . we made $ 23 million in contributions during 2016 to our newly established sikorsky pension plan and expect to make $ 45 million in contributions to this plan during 2017 . the following table presents estimated future benefit payments , which reflect expected future employee service , as of december 31 , 2016 ( in millions ) : .
||2017|2018|2019|2020|2021|2022 2013 2026|
|qualified defined benefit pension plans|$ 2260|$ 2340|$ 2420|$ 2510|$ 2590|$ 13920|
|retiree medical and life insurance plans|180|180|190|190|190|870|
defined contribution plans we maintain a number of defined contribution plans , most with 401 ( k ) features , that cover substantially all of our employees . under the provisions of our 401 ( k ) plans , we match most employees 2019 eligible contributions at rates specified in the plan documents . our contributions were $ 617 million in 2016 , $ 393 million in 2015 and $ 385 million in 2014 , the majority of which were funded in our common stock . our defined contribution plans held approximately 36.9 million and 40.0 million shares of our common stock as of december 31 , 2016 and 2015 . note 12 2013 stockholders 2019 equity at december 31 , 2016 and 2015 , our authorized capital was composed of 1.5 billion shares of common stock and 50 million shares of series preferred stock . of the 290 million shares of common stock issued and outstanding as of december 31 , 2016 , 289 million shares were considered outstanding for consolidated balance sheet presentation purposes ; the remaining shares were held in a separate trust . of the 305 million shares of common stock issued and outstanding as of december 31 , 2015 , 303 million shares were considered outstanding for consolidated balance sheet presentation purposes ; the remaining shares were held in a separate trust . no shares of preferred stock were issued and outstanding at december 31 , 2016 or 2015 . repurchases of common stock during 2016 , we repurchased 8.9 million shares of our common stock for $ 2.1 billion . during 2015 and 2014 , we paid $ 3.1 billion and $ 1.9 billion to repurchase 15.2 million and 11.5 million shares of our common stock . on september 22 , 2016 , our board of directors approved a $ 2.0 billion increase to our share repurchase program . inclusive of this increase , the total remaining authorization for future common share repurchases under our program was $ 3.5 billion as of december 31 , 2016 . as we repurchase our common shares , we reduce common stock for the $ 1 of par value of the shares repurchased , with the excess purchase price over par value recorded as a reduction of additional paid-in capital . due to the volume of repurchases made under our share repurchase program , additional paid-in capital was reduced to zero , with the remainder of the excess purchase price over par value of $ 1.7 billion and $ 2.4 billion recorded as a reduction of retained earnings in 2016 and 2015 . we paid dividends totaling $ 2.0 billion ( $ 6.77 per share ) in 2016 , $ 1.9 billion ( $ 6.15 per share ) in 2015 and $ 1.8 billion ( $ 5.49 per share ) in 2014 . we have increased our quarterly dividend rate in each of the last three years , including a 10% ( 10 % ) increase in the quarterly dividend rate in the fourth quarter of 2016 . we declared quarterly dividends of $ 1.65 per share during each of the first three quarters of 2016 and $ 1.82 per share during the fourth quarter of 2016 ; $ 1.50 per share during each of the first three quarters of 2015 and $ 1.65 per share during the fourth quarter of 2015 ; and $ 1.33 per share during each of the first three quarters of 2014 and $ 1.50 per share during the fourth quarter of 2014. .
Question: what is the change in millions of qualified defined benefit pension plans from 2018 to 2019 in estimated future benefit payments , which reflect expected future employee service , as of december 31 , 2016?
Answer:
|
80.0
|
what is the change in millions of qualified defined benefit pension plans from 2018 to 2019 in estimated future benefit payments , which reflect expected future employee service , as of december 31 , 2016?
|
{
"options": {
"A": "60.0",
"B": "70.0",
"C": "80.0",
"D": "90.0"
},
"goldenKey": "C"
}
|
{
"A": "60.0",
"B": "70.0",
"C": "80.0",
"D": "90.0"
}
|
C
|
finqa1502
|
Please answer the given financial question based on the context.
Context: remarketing proceeds and the lease balance , up to the maximum recourse amount of $ 90.8 million ( 201cresidual value guarantee 201d ) . in august 1999 , we entered into a five-year lease agreement for our other two office buildings that currently serve as our corporate headquarters in san jose , california . under the agreement , we have the option to purchase the buildings at any time during the lease term for the lease balance , which is approximately $ 142.5 million . the lease is subject to standard covenants including liquidity , leverage and profitability ratios that are reported to the lessor quarterly . as of november 28 , 2003 , we were in compliance with all covenants . in the case of a default , the lessor may demand we purchase the buildings for an amount equal to the lease balance , or require that we remarket or relinquish the buildings . the agreement qualifies for operating lease accounting treatment under sfas 13 and , as such , the buildings and the related obligation are not included on our balance sheet . we utilized this type of financing because it allows us to access bank-provided funding at the most favorable rates and allows us to maintain our cash balances for other corporate purposes . at the end of the lease term , we can purchase the buildings for the lease balance , remarket or relinquish the buildings . if we choose to remarket or are required to do so upon relinquishing the buildings , we are bound to arrange the sale of the buildings to an unrelated party and will be required to pay the lessor any shortfall between the net remarketing proceeds and the lease balance , up to the maximum recourse amount of $ 132.6 million ( 201cresidual value guarantee 201d ) . there were no changes in the agreement or level of obligations from the end of fiscal 2002 . we are in the process of evaluating alternative financing methods at expiration of the lease in fiscal 2004 and believe that several suitable financing options will be available to us . as of november 28 , 2003 , future minimum lease payments under noncancelable operating leases and future minimum sublease income under noncancelable subleases are as follows : fiscal year future minimum lease payments future minimum sublease income .
|fiscal year|future minimum lease payments|future minimum sublease income|
|2004|$ 29454|$ 5859|
|2005|20746|5798|
|2006|16796|5839|
|2007|12188|3819|
|2008|9596|1678|
|thereafter|20900|2811|
|total|$ 109680|$ 25804|
royalties we have certain royalty commitments associated with the shipment and licensing of certain products . royalty expense is generally based on a dollar amount per unit shipped or a percentage of the underlying revenue . royalty expense , which was recorded under our cost of products revenue on our consolidated statements of income , was approximately $ 14.5 million , $ 14.4 million and $ 14.1 million in fiscal 2003 , 2002 and 2001 , respectively . guarantees we adopted fin 45 at the beginning of our fiscal year 2003 . see 201cguarantees 201d and 201crecent accounting pronouncements 201d in note 1 of our notes to consolidated financial statements for further information regarding fin 45 . legal actions in early 2002 , international typeface corporation ( 201citc 201d ) and agfa monotype corporation ( 201camt 201d ) , companies which have common ownership and management , each charged , by way of informal letters to adobe , that adobe's distribution of font software , which generates itc and amt typefaces , breaches its contracts with itc and amt , respectively , pursuant to which adobe licensed certain rights with respect to itc and amt typefaces . amt and itc further charged that adobe violated the digital millennium copyright act ( 201cdmca 201d ) with respect to , or induced or contributed to , the infringement of copyrights in , itc 2019s and amt's truetype font software. .
Question: what is the net cash outflow related to future lease payments in 2005?
Answer:
|
14948.0
|
what is the net cash outflow related to future lease payments in 2005?
|
{
"options": {
"A": "20746",
"B": "5798",
"C": "14948",
"D": "25804"
},
"goldenKey": "C"
}
|
{
"A": "20746",
"B": "5798",
"C": "14948",
"D": "25804"
}
|
C
|
finqa1503
|
Please answer the given financial question based on the context.
Context: entergy corporation and subsidiaries notes to financial statements liability to $ 60 million , and recorded the $ 2.7 million difference as a credit to interest expense . the $ 60 million remaining liability was eliminated upon payment of the cash portion of the purchase price . as of december 31 , 2016 , entergy louisiana , in connection with the waterford 3 lease obligation , had a future minimum lease payment ( reflecting an interest rate of 8.09% ( 8.09 % ) ) of $ 57.5 million , including $ 2.3 million in interest , due january 2017 that is recorded as long-term debt . in february 2017 the leases were terminated and the leased assets were conveyed to entergy louisiana . grand gulf lease obligations in 1988 , in two separate but substantially identical transactions , system energy sold and leased back undivided ownership interests in grand gulf for the aggregate sum of $ 500 million . the initial term of the leases expired in july 2015 . system energy renewed the leases for fair market value with renewal terms expiring in july 2036 . at the end of the new lease renewal terms , system energy has the option to repurchase the leased interests in grand gulf or renew the leases at fair market value . in the event that system energy does not renew or purchase the interests , system energy would surrender such interests and their associated entitlement of grand gulf 2019s capacity and energy . system energy is required to report the sale-leaseback as a financing transaction in its financial statements . for financial reporting purposes , system energy expenses the interest portion of the lease obligation and the plant depreciation . however , operating revenues include the recovery of the lease payments because the transactions are accounted for as a sale and leaseback for ratemaking purposes . consistent with a recommendation contained in a ferc audit report , system energy initially recorded as a net regulatory asset the difference between the recovery of the lease payments and the amounts expensed for interest and depreciation and continues to record this difference as a regulatory asset or liability on an ongoing basis , resulting in a zero net balance for the regulatory asset at the end of the lease term . the amount was a net regulatory liability of $ 55.6 million and $ 55.6 million as of december 31 , 2016 and 2015 , respectively . as of december 31 , 2016 , system energy , in connection with the grand gulf sale and leaseback transactions , had future minimum lease payments ( reflecting an implicit rate of 5.13% ( 5.13 % ) ) that are recorded as long-term debt , as follows : amount ( in thousands ) .
||amount ( in thousands )|
|2017|$ 17188|
|2018|17188|
|2019|17188|
|2020|17188|
|2021|17188|
|years thereafter|257812|
|total|343752|
|less : amount representing interest|309393|
|present value of net minimum lease payments|$ 34359|
.
Question: what portion of the total future minimum lease payments is used for interest in connection with the grand gulf sale and leaseback transactions?
Answer:
|
0.90005
|
what portion of the total future minimum lease payments is used for interest in connection with the grand gulf sale and leaseback transactions?
|
{
"options": {
"A": "0.90005",
"B": "0.10005",
"C": "0.80000",
"D": "0.20000"
},
"goldenKey": "A"
}
|
{
"A": "0.90005",
"B": "0.10005",
"C": "0.80000",
"D": "0.20000"
}
|
A
|
finqa1504
|
Please answer the given financial question based on the context.
Context: host hotels & resorts , inc. , host hotels & resorts , l.p. , and subsidiaries notes to consolidated financial statements 2014 ( continued ) cash paid for income taxes , net of refunds received , was $ 40 million , $ 15 million , and $ 9 million in 2017 , 2016 , and 2015 , respectively . a reconciliation of the beginning and ending amount of unrecognized tax benefits is as follows ( in millions ) : .
||2017|2016|
|balance at january 1|$ 11|$ 11|
|balance at december 31|$ 11|$ 11|
all of such uncertain tax position amounts , if recognized , would impact our reconciliation between the income tax provision calculated at the statutory u.s . federal income tax rate of 35% ( 35 % ) ( 21% ( 21 % ) beginning with calendar year 2018 ) and the actual income tax provision recorded each year . as of december 31 , 2017 , the tax years that remain subject to examination by major tax jurisdictions generally include 2014-2017 . there were no material interest or penalties recorded for the years ended december 31 , 2017 , 2016 , and 2015 . 7 . leases taxable reit subsidiaries leases we lease substantially all of our hotels to a wholly owned subsidiary that qualifies as a taxable reit subsidiary due to federal income tax restrictions on a reit 2019s ability to derive revenue directly from the operation and management of a hotel . ground leases as of december 31 , 2017 , all or a portion of 26 of our hotels are subject to ground leases , generally with multiple renewal options , all of which are accounted for as operating leases . for lease agreements with scheduled rent increases , we recognize the lease expense ratably over the term of the lease . certain of these leases contain provisions for the payment of contingent rentals based on a percentage of sales in excess of stipulated amounts . other lease information we also have leases on facilities used in our former restaurant business , all of which we subsequently subleased . these leases and subleases contain one or more renewal options , generally for five- or ten-year periods . the restaurant leases are accounted for as operating leases . our contingent liability related to these leases is $ 9 million as of december 31 , 2017 . we , however , consider the likelihood of any material funding related to these leases to be remote . our leasing activity also includes those entered into by our hotels for various types of equipment , such as computer equipment , vehicles and telephone systems . equipment leases are accounted for either as operating or capital leases , depending upon the characteristics of the particular lease arrangement . equipment leases that are characterized as capital leases are classified as furniture and equipment and are depreciated over the life of the lease . the amortization expense applicable to capitalized leases is included in depreciation expense. .
Question: what was the percentage change in cash paid for income taxes , net of refunds received between 2015 and 2016?
Answer:
|
0.66667
|
what was the percentage change in cash paid for income taxes , net of refunds received between 2015 and 2016?
|
{
"options": {
"A": "0.66667",
"B": "0.375",
"C": "0.6",
"D": "0.4"
},
"goldenKey": "A"
}
|
{
"A": "0.66667",
"B": "0.375",
"C": "0.6",
"D": "0.4"
}
|
A
|
finqa1505
|
Please answer the given financial question based on the context.
Context: management 2019s discussion and analysis of financial condition and results of operations 2013 ( continued ) ( amounts in millions , except per share amounts ) liquidity and capital resources cash flow overview the following tables summarize key financial data relating to our liquidity , capital resources and uses of capital. .
|cash flow data|years ended december 31 , 2018|years ended december 31 , 2017|years ended december 31 , 2016|
|net income adjusted to reconcile to net cash provided by operating activities1|$ 1013.0|$ 852.1|$ 1018.6|
|net cash ( used in ) provided by working capital2|-431.1 ( 431.1 )|5.3|-410.3 ( 410.3 )|
|changes in other non-current assets and liabilities|-16.8 ( 16.8 )|24.4|-95.5 ( 95.5 )|
|net cash provided by operating activities|$ 565.1|$ 881.8|$ 512.8|
|net cash used in investing activities|-2491.5 ( 2491.5 )|-196.2 ( 196.2 )|-263.9 ( 263.9 )|
|net cash provided by ( used in ) financing activities|1853.2|-1004.9 ( 1004.9 )|-666.4 ( 666.4 )|
1 reflects net income adjusted primarily for depreciation and amortization of fixed assets and intangible assets , amortization of restricted stock and other non-cash compensation , net losses on sales of businesses and deferred income taxes . 2 reflects changes in accounts receivable , accounts receivable billable to clients , other current assets , accounts payable and accrued liabilities . operating activities due to the seasonality of our business , we typically use cash from working capital in the first nine months of a year , with the largest impact in the first quarter , and generate cash from working capital in the fourth quarter , driven by the seasonally strong media spending by our clients . quarterly and annual working capital results are impacted by the fluctuating annual media spending budgets of our clients as well as their changing media spending patterns throughout each year across various countries . the timing of media buying on behalf of our clients across various countries affects our working capital and operating cash flow and can be volatile . in most of our businesses , our agencies enter into commitments to pay production and media costs on behalf of clients . to the extent possible , we pay production and media charges after we have received funds from our clients . the amounts involved , which substantially exceed our revenues , primarily affect the level of accounts receivable , accounts payable , accrued liabilities and contract liabilities . our assets include both cash received and accounts receivable from clients for these pass-through arrangements , while our liabilities include amounts owed on behalf of clients to media and production suppliers . our accrued liabilities are also affected by the timing of certain other payments . for example , while annual cash incentive awards are accrued throughout the year , they are generally paid during the first quarter of the subsequent year . net cash provided by operating activities during 2018 was $ 565.1 , which was a decrease of $ 316.7 as compared to 2017 , primarily as a result of an increase in working capital usage of $ 436.4 . working capital in 2018 was impacted by the spending levels of our clients as compared to 2017 . the working capital usage in both periods was primarily attributable to our media businesses . net cash provided by operating activities during 2017 was $ 881.8 , which was an increase of $ 369.0 as compared to 2016 , primarily as a result of an improvement in working capital usage of $ 415.6 . working capital in 2017 benefited from the spending patterns of our clients compared to 2016 . investing activities net cash used in investing activities during 2018 consisted of payments for acquisitions of $ 2309.8 , related mostly to the acxiom acquisition , and payments for capital expenditures of $ 177.1 , related mostly to leasehold improvements and computer hardware and software. .
Question: what is the mathematical range for net cash provided by ( used in ) financing activities?
Answer:
|
2858.1
|
what is the mathematical range for net cash provided by ( used in ) financing activities?
|
{
"options": {
"A": "1853.2",
"B": "-1004.9 ( 1004.9 )",
"C": "-666.4 ( 666.4 )",
"D": "2858.1"
},
"goldenKey": "D"
}
|
{
"A": "1853.2",
"B": "-1004.9 ( 1004.9 )",
"C": "-666.4 ( 666.4 )",
"D": "2858.1"
}
|
D
|
finqa1506
|
Please answer the given financial question based on the context.
Context: notes to consolidated financial statements in march 2008 , the fasb issued guidance which requires entities to provide greater transparency about ( a ) how and why an entity uses derivative instruments , ( b ) how derivative instruments and related hedged items are accounted , and ( c ) how derivative instruments and related hedged items affect an entity 2019s financial position , results of operations , and cash flows . this guidance was effective on january 1 , 2009 . the adoption of this guidance did not have a material impact on our consolidated financial statements . in june 2009 , the fasb issued guidance on accounting for transfers of financial assets . this guidance amends various components of the existing guidance governing sale accounting , including the recog- nition of assets obtained and liabilities assumed as a result of a transfer , and considerations of effective control by a transferor over transferred assets . in addition , this guidance removes the exemption for qualifying special purpose entities from the consolidation guidance . this guidance is effective january 1 , 2010 , with early adoption prohibited . while the amended guidance governing sale accounting is applied on a prospec- tive basis , the removal of the qualifying special purpose entity exception will require us to evaluate certain entities for consolidation . while we are evaluating the effect of adoption of this guidance , we currently believe that its adoption will not have a material impact on our consolidated financial statement . in june 2009 , the fasb amended the guidance for determin- ing whether an entity is a variable interest entity , or vie , and requires the performance of a qualitative rather than a quantitative analysis to determine the primary beneficiary of a vie . under this guidance , an entity would be required to consolidate a vie if it has ( i ) the power to direct the activities that most significantly impact the entity 2019s economic performance and ( ii ) the obligation to absorb losses of the vie or the right to receive benefits from the vie that could be significant to the vie . this guidance is effective for the first annual reporting period that begins after november 15 , 2009 , with early adoption prohibited . while we are currently evaluating the effect of adoption of this guidance , we currently believe that its adoption will not have a material impact on our consoli- dated financial statements . note 3 / property acquisitions 2009 acquisitions during 2009 , we acquired the sub-leasehold positions at 420 lexington avenue for an aggregate purchase price of approximately $ 15.9 million . 2008 acquisitions in february 2008 , we , through our joint venture with jeff sutton , acquired the properties located at 182 broadway and 63 nassau street for approximately $ 30.0 million in the aggregate . these properties are located adjacent to 180 broadway which we acquired in august 2007 . as part of the acquisition we also closed on a $ 31.0 million loan which bears interest at 225 basis points over the 30-day libor . the loan has a three-year term and two one-year extensions . we drew down $ 21.1 mil- lion at the closing to pay the balance of the acquisition costs . during the second quarter of 2008 , we , through a joint ven- ture with nysters , acquired various interests in the fee positions at 919 third avenue for approximately $ 32.8 million . as a result , our joint venture controls the entire fee position . 2007 acquisitions in january 2007 , we acquired reckson for approximately $ 6.0 billion , inclusive of transaction costs . simultaneously , we sold approximately $ 2.0 billion of the reckson assets to an asset purchasing venture led by certain of reckson 2019s former executive management . the transaction included the acquisition of 30 properties encompassing approximately 9.2 million square feet , of which five properties encompassing approxi- mately 4.2 million square feet are located in manhattan . the following summarizes our allocation of the purchase price to the assets and liabilities acquired from reckson ( in thousands ) : .
|land|$ 766727|
|building|3724962|
|investment in joint venture|65500|
|structured finance investments|136646|
|acquired above-market leases|24661|
|other assets net of other liabilities|30473|
|acquired in-place leases|175686|
|assets acquired|4924655|
|acquired below-market leases|422177|
|minority interest|401108|
|liabilities acquired|823285|
|net assets acquired|$ 4101370|
.
Question: what is the available capacity of the 31.0 million acquisition loan as of august 2007 , in millions?
Answer:
|
9.9
|
what is the available capacity of the 31.0 million acquisition loan as of august 2007 , in millions?
|
{
"options": {
"A": "15.9",
"B": "21.1",
"C": "9.9",
"D": "31.0"
},
"goldenKey": "C"
}
|
{
"A": "15.9",
"B": "21.1",
"C": "9.9",
"D": "31.0"
}
|
C
|
finqa1507
|
Please answer the given financial question based on the context.
Context: issuer purchases of equity securities ( registered pursuant to section 12 of the exchange act ) period number of shares purchased average price paid per share number of shares purchased as part of publicly announced plans or programs maximum approximate dollar value of shares that may yet be purchased under the plans or programs ( 1 ) ( millions ) .
|period|total number of shares purchased ( 1 )|average price paid per share|total number of shares purchased as part of publicly announced plans or programs|maximum approximate dollar value of shares that may yet be purchased under the plans or programs ( millions )|
|january 1-31 2007|1311268|$ 76.33|1277200|$ 651|
|february 1-28 2007|6542591|$ 75.12|6522500|$ 6731|
|march 1-31 2007|8187472|$ 75.59|8151700|$ 6115|
|total january 1 2014 march 31 2007|16041331|$ 75.46|15951400|$ 6115|
|april 1-30 2007|3548221|$ 77.55|3476700|$ 5846|
|may 1-31 2007|4428219|$ 85.84|4202800|$ 5485|
|june 1-30 2007|3885033|$ 86.58|3810800|$ 5155|
|total april 1 2014 june 30 2007|11861473|$ 83.60|11490300|$ 5155|
|july 1-31 2007|1646251|$ 89.01|1510300|$ 5021|
|august 1-31 2007|2329478|$ 87.05|2247300|$ 4825|
|september 1-30 2007|2086564|$ 90.24|2029600|$ 4642|
|total july 1 2014 september 30 2007|6062293|$ 88.68|5787200|$ 4642|
|october 1-31 2007|2192302|$ 88.89|2178500|$ 4448|
|november 1-30 2007|1702375|$ 82.35|1692000|$ 4309|
|december 1-31 2007|1896612|$ 85.41|1873500|$ 4149|
|total october 1 2014 dec . 31 2007|5791289|$ 85.83|5744000|$ 4149|
|total january 1 2014 december 31 2007|39756386|$ 81.42|38972900|$ 4149|
( 1 ) the total number of shares purchased includes : ( i ) shares purchased under the board 2019s authorizations described above , and ( ii ) shares purchased in connection with the exercise of stock options ( which totaled 34068 shares in january 2007 , 20091 shares in february 2007 , 35772 shares in march 2007 , 71521 shares in april 2007 , 225419 shares in may 2007 , 74233 shares in june 2007 , 135951 shares in july 2007 , 82178 shares in august 2007 , 56964 shares in september 2007 , 13802 shares in october 2007 , 10375 shares in november 2007 , and 23112 shares in december 2007 ) . .
Question: what was the percent of the total tumber of shares purchased that was not of the shares purchased as part of publicly announced plans or programs
Answer:
|
0.0201
|
what was the percent of the total tumber of shares purchased that was not of the shares purchased as part of publicly announced plans or programs
|
{
"options": {
"A": "0.0201",
"B": "0.9799",
"C": "0.0801",
"D": "0.9199"
},
"goldenKey": "A"
}
|
{
"A": "0.0201",
"B": "0.9799",
"C": "0.0801",
"D": "0.9199"
}
|
A
|
finqa1508
|
Please answer the given financial question based on the context.
Context: item 4 . submission of matters to a vote of security holders no matters were submitted to a vote of security holders during the fourth quarter of 2005 . part ii item 5 . market for the registrant 2019s common equity , related stockholder matters and issuer purchases of equity securities market information our series a common stock has traded on the new york stock exchange under the symbol 2018 2018ce 2019 2019 since january 21 , 2005 . the closing sale price of our series a common stock , as reported by the new york stock exchange , on march 6 , 2006 was $ 20.98 . the following table sets forth the high and low intraday sales prices per share of our common stock , as reported by the new york stock exchange , for the periods indicated. .
|2005|pricerange high|pricerange low|
|quarterended march 312005|$ 18.65|$ 15.10|
|quarter endedjune 302005|$ 18.16|$ 13.54|
|quarter endedseptember 30 2005|$ 20.06|$ 15.88|
|quarter endeddecember 312005|$ 19.76|$ 15.58|
holders no shares of celanese 2019s series b common stock are issued and outstanding . as of march 6 , 2006 , there were 51 holders of record of our series a common stock , and one holder of record of our perpetual preferred stock . by including persons holding shares in broker accounts under street names , however , we estimate our shareholder base to be approximately 6800 as of march 6 , 2006 . dividend policy in july 2005 , our board of directors adopted a policy of declaring , subject to legally available funds , a quarterly cash dividend on each share of our common stock at an annual rate initially equal to approximately 1% ( 1 % ) of the $ 16 price per share in the initial public offering of our series a common stock ( or $ 0.16 per share ) unless our board of directors , in its sole discretion , determines otherwise , commencing the second quarter of 2005 . pursuant to this policy , the company paid the quarterly dividends of $ 0.04 per share on august 11 , 2005 , november 1 , 2005 and february 1 , 2006 . based on the number of outstanding shares of our series a common stock , the anticipated annual cash dividend is approximately $ 25 million . however , there is no assurance that sufficient cash will be available in the future to pay such dividend . further , such dividends payable to holders of our series a common stock cannot be declared or paid nor can any funds be set aside for the payment thereof , unless we have paid or set aside funds for the payment of all accumulated and unpaid dividends with respect to the shares of our preferred stock , as described below . our board of directors may , at any time , modify or revoke our dividend policy on our series a common stock . we are required under the terms of the preferred stock to pay scheduled quarterly dividends , subject to legally available funds . for so long as the preferred stock remains outstanding , ( 1 ) we will not declare , pay or set apart funds for the payment of any dividend or other distribution with respect to any junior stock or parity stock and ( 2 ) neither we , nor any of our subsidiaries , will , subject to certain exceptions , redeem , purchase or otherwise acquire for consideration junior stock or parity stock through a sinking fund or otherwise , in each case unless we have paid or set apart funds for the payment of all accumulated and unpaid dividends with respect to the shares of preferred stock and any parity stock for all preceding dividend periods . pursuant to this policy , the company paid the quarterly dividends of $ 0.265625 on its 4.25% ( 4.25 % ) convertible perpetual preferred stock on august 1 , 2005 , november 1 , 2005 and february 1 , 2006 . the anticipated annual cash dividend is approximately $ 10 million. .
Question: what is the estimated number of shares of series a common stock based on the approximate cash dividend in millions
Answer:
|
156.25
|
what is the estimated number of shares of series a common stock based on the approximate cash dividend in millions
|
{
"options": {
"A": "25",
"B": "10",
"C": "156.25",
"D": "6800"
},
"goldenKey": "C"
}
|
{
"A": "25",
"B": "10",
"C": "156.25",
"D": "6800"
}
|
C
|
finqa1509
|
Please answer the given financial question based on the context.
Context: the fair value of acquired property , plant and equipment , primarily network-related assets , was valued under the replacement cost method , which determines fair value based on the replacement cost of new property with similar capacity , adjusted for physical deterioration over the remaining useful life . goodwill is calculated as the excess of the consideration transferred over the net assets recognized and represents the future economic benefits arising from the other assets acquired that could not be individually identified and separately recognized . goodwill is not deductible for tax purposes . pro forma financial information the following table presents the unaudited pro forma combined results of operations of the company and gdcl for the years ended december 31 , 2016 and december 31 , 2015 as if the acquisition of gdcl had occurred on january 1 , 2016 and january 1 , 2015 , respectively , ( in millions , except per share amounts ) : .
|years ended december 31|2016|2015|
|revenues|$ 6109|$ 6239|
|earnings from continuing operations|586|-166 ( 166 )|
|basic earnings per share from continuing operations|3.46|-0.83 ( 0.83 )|
|diluted earnings per share from continuing operations|3.39|-0.82 ( 0.82 )|
the company did not adjust the effects of an $ 884 million goodwill impairment charge reported in the historic results of gdcl for the year ended december 31 , 2015 on the basis that the goodwill impairment charge was not directly attributable to the acquisition of gdcl by the company . however , this goodwill impairment charge should be highlighted as unusual and non- recurring . the pro forma results are based on estimates and assumptions , which the company believes are reasonable . they are not necessarily indicative of its consolidated results of operations in future periods or the results that actually would have been realized had we been a combined company during the periods presented . the pro forma results include adjustments primarily related to amortization of acquired intangible assets , depreciation , interest expense , and transaction costs expensed during the period . other acquisitions on november 18 , 2014 , the company completed the acquisition of an equipment provider for a purchase price of $ 22 million . during the year ended december 31 , 2015 , the company completed the purchase accounting for this acquisition , recognizing $ 6 million of goodwill and $ 12 million of identifiable intangible assets . these identifiable intangible assets were classified as completed technology to be amortized over five years . during the year ended december 31 , 2015 , the company completed the acquisitions of two providers of public safety software-based solutions for an aggregate purchase price of $ 50 million , recognizing an additional $ 31 million of goodwill , $ 22 million of identifiable intangible assets , and $ 3 million of acquired liabilities related to these acquisitions . the $ 22 million of identifiable intangible assets were classified as : ( i ) $ 11 million completed technology , ( ii ) $ 8 million customer-related intangibles , and ( iii ) $ 3 million of other intangibles . these intangible assets will be amortized over periods ranging from five to ten years . on november 10 , 2016 , the company completed the acquisition of spillman technologies , a provider of comprehensive law enforcement and public safety software solutions , for a gross purchase price of $ 217 million . as a result of the acquisition , the company recognized $ 140 million of goodwill , $ 115 million of identifiable intangible assets , and $ 38 million of acquired liabilities . the identifiable intangible assets were classified as $ 49 million of completed technology , $ 59 million of customer- related intangibles , and $ 7 million of other intangibles and will be amortized over a period of seven to ten years . as of december 31 , 2016 , the purchase accounting is not yet complete . the final allocation may include : ( i ) changes in fair values of acquired goodwill and ( ii ) changes to assets and liabilities . during the year ended december 31 , 2016 , the company completed the acquisition of several software and service-based providers for a total of $ 30 million , recognizing $ 6 million of goodwill , $ 15 million of intangible assets , and $ 9 million of tangible net assets related to the these acquisitions . the $ 15 million of identifiable intangible assets were classified as : ( i ) $ 7 million of completed technology and ( ii ) $ 8 million of customer-related intangibles and will be amortized over a period of five years . as of december 31 , 2016 , the purchase accounting has not been completed for one acquisition which was purchased in late 2016 . as such , an amount of $ 11 million has been recorded within other assets as of december 31 , 2016 . the purchase accounting is expected to be completed in the first quarter of 2017 . the results of operations for these acquisitions have been included in the company 2019s condensed consolidated statements of operations subsequent to the acquisition date . the pro forma effects of these acquisitions are not significant individually or in the aggregate. .
Question: as part of the company completed the acquisition of several software and service-based providers in december 31 , 2016 what was the percent of the goodwill recognized to the purchase price
Answer:
|
0.2
|
as part of the company completed the acquisition of several software and service-based providers in december 31 , 2016 what was the percent of the goodwill recognized to the purchase price
|
{
"options": {
"A": "0.1",
"B": "0.2",
"C": "0.3",
"D": "0.4"
},
"goldenKey": "B"
}
|
{
"A": "0.1",
"B": "0.2",
"C": "0.3",
"D": "0.4"
}
|
B
|
finqa1511
|
Please answer the given financial question based on the context.
Context: in accordance with sfas no . 142 , goodwill and other intangible assets , the goodwill is not amortized , but will be subject to a periodic assessment for impairment by applying a fair-value-based test . none of this goodwill is expected to be deductible for tax purposes . the company performs its annual test for impairment of goodwill in may of each year . the company is required to perform a periodic assessment between annual tests in certain circumstances . the company has performed its annual test of goodwill as of may 1 , 2006 and has determined there was no impairment of goodwill during 2006 . the company allocated $ 15.8 million of the purchase price to in-process research and development projects . in-process research and development ( ipr&d ) represents the valuation of acquired , to-be- completed research projects . at the acquisition date , cyvera 2019s ongoing research and development initiatives were primarily involved with the development of its veracode technology and the beadxpress reader . these two projects were approximately 50% ( 50 % ) and 25% ( 25 % ) complete at the date of acquisition , respectively . as of december 31 , 2006 , these two projects were approximately 90% ( 90 % ) and 80% ( 80 % ) complete , respectively . the value assigned to purchased ipr&d was determined by estimating the costs to develop the acquired technology into commercially viable products , estimating the resulting net cash flows from the projects , and discounting the net cash flows to their present value . the revenue projections used to value the ipr&d were , in some cases , reduced based on the probability of developing a new technology , and considered the relevant market sizes and growth factors , expected trends in technology , and the nature and expected timing of new product introductions by the company and its competitors . the resulting net cash flows from such projects are based on the company 2019s estimates of cost of sales , operating expenses , and income taxes from such projects . the rates utilized to discount the net cash flows to their present value were based on estimated cost of capital calculations . due to the nature of the forecast and the risks associated with the projected growth and profitability of the developmental projects , discount rates of 30% ( 30 % ) were considered appropriate for the ipr&d . the company believes that these discount rates were commensurate with the projects 2019stage of development and the uncertainties in the economic estimates described above . if these projects are not successfully developed , the sales and profitability of the combined company may be adversely affected in future periods . the company believes that the foregoing assumptions used in the ipr&d analysis were reasonable at the time of the acquisition . no assurance can be given , however , that the underlying assumptions used to estimate expected project sales , development costs or profitability , or the events associated with such projects , will transpire as estimated . at the date of acquisition , the development of these projects had not yet reached technological feasibility , and the research and development in progress had no alternative future uses . accordingly , these costs were charged to expense in the second quarter of 2005 . the following unaudited pro forma information shows the results of the company 2019s operations for the years ended january 1 , 2006 and january 2 , 2005 as though the acquisition had occurred as of the beginning of the periods presented ( in thousands , except per share data ) : year ended january 1 , year ended january 2 .
||year ended january 1 2006|year ended january 2 2005|
|revenue|$ 73501|$ 50583|
|net loss|-6234 ( 6234 )|-9965 ( 9965 )|
|net loss per share basic and diluted|-0.15 ( 0.15 )|-0.27 ( 0.27 )|
illumina , inc . notes to consolidated financial statements 2014 ( continued ) .
Question: what was the percentage change in revenues between 2005 and 2006?
Answer:
|
0.45308
|
what was the percentage change in revenues between 2005 and 2006?
|
{
"options": {
"A": "0.45308%",
"B": "4.5308%",
"C": "45.308%",
"D": "453.08%"
},
"goldenKey": "A"
}
|
{
"A": "0.45308%",
"B": "4.5308%",
"C": "45.308%",
"D": "453.08%"
}
|
A
|
finqa1514
|
Please answer the given financial question based on the context.
Context: management 2019s discussion and analysis 126 jpmorgan chase & co./2014 annual report while useful as a current view of credit exposure , the net fair value of the derivative receivables does not capture the potential future variability of that credit exposure . to capture the potential future variability of credit exposure , the firm calculates , on a client-by-client basis , three measures of potential derivatives-related credit loss : peak , derivative risk equivalent ( 201cdre 201d ) , and average exposure ( 201cavg 201d ) . these measures all incorporate netting and collateral benefits , where applicable . peak exposure to a counterparty is an extreme measure of exposure calculated at a 97.5% ( 97.5 % ) confidence level . dre exposure is a measure that expresses the risk of derivative exposure on a basis intended to be equivalent to the risk of loan exposures . the measurement is done by equating the unexpected loss in a derivative counterparty exposure ( which takes into consideration both the loss volatility and the credit rating of the counterparty ) with the unexpected loss in a loan exposure ( which takes into consideration only the credit rating of the counterparty ) . dre is a less extreme measure of potential credit loss than peak and is the primary measure used by the firm for credit approval of derivative transactions . finally , avg is a measure of the expected fair value of the firm 2019s derivative receivables at future time periods , including the benefit of collateral . avg exposure over the total life of the derivative contract is used as the primary metric for pricing purposes and is used to calculate credit capital and the cva , as further described below . the three year avg exposure was $ 37.5 billion and $ 35.4 billion at december 31 , 2014 and 2013 , respectively , compared with derivative receivables , net of all collateral , of $ 59.4 billion and $ 51.3 billion at december 31 , 2014 and 2013 , respectively . the fair value of the firm 2019s derivative receivables incorporates an adjustment , the cva , to reflect the credit quality of counterparties . the cva is based on the firm 2019s avg to a counterparty and the counterparty 2019s credit spread in the credit derivatives market . the primary components of changes in cva are credit spreads , new deal activity or unwinds , and changes in the underlying market environment . the firm believes that active risk management is essential to controlling the dynamic credit risk in the derivatives portfolio . in addition , the firm 2019s risk management process takes into consideration the potential impact of wrong-way risk , which is broadly defined as the potential for increased correlation between the firm 2019s exposure to a counterparty ( avg ) and the counterparty 2019s credit quality . many factors may influence the nature and magnitude of these correlations over time . to the extent that these correlations are identified , the firm may adjust the cva associated with that counterparty 2019s avg . the firm risk manages exposure to changes in cva by entering into credit derivative transactions , as well as interest rate , foreign exchange , equity and commodity derivative transactions . the accompanying graph shows exposure profiles to the firm 2019s current derivatives portfolio over the next 10 years as calculated by the dre and avg metrics . the two measures generally show that exposure will decline after the first year , if no new trades are added to the portfolio . the following table summarizes the ratings profile by derivative counterparty of the firm 2019s derivative receivables , including credit derivatives , net of other liquid securities collateral , for the dates indicated . the ratings scale is based on the firm 2019s internal ratings , which generally correspond to the ratings as defined by s&p and moody 2019s . ratings profile of derivative receivables rating equivalent 2014 2013 ( a ) december 31 , ( in millions , except ratios ) exposure net of all collateral % ( % ) of exposure net of all collateral exposure net of all collateral % ( % ) of exposure net of all collateral .
|rating equivalent december 31 ( in millions except ratios )|rating equivalent exposure net of all collateral|rating equivalent % ( % ) of exposure net of all collateral|exposure net of all collateral|% ( % ) of exposure net of all collateral|
|aaa/aaa to aa-/aa3|$ 19202|32% ( 32 % )|$ 12953|25% ( 25 % )|
|a+/a1 to a-/a3|13940|24|12930|25|
|bbb+/baa1 to bbb-/baa3|19008|32|15220|30|
|bb+/ba1 to b-/b3|6384|11|6806|13|
|ccc+/caa1 and below|837|1|3415|7|
|total|$ 59371|100% ( 100 % )|$ 51324|100% ( 100 % )|
( a ) the prior period amounts have been revised to conform with the current period presentation. .
Question: what percent of the ratings profile of derivative receivables were junk rated in 2013?
Answer:
|
20.0
|
what percent of the ratings profile of derivative receivables were junk rated in 2013?
|
{
"options": {
"A": "25.0%",
"B": "30.0%",
"C": "13.0%",
"D": "20.0%"
},
"goldenKey": "D"
}
|
{
"A": "25.0%",
"B": "30.0%",
"C": "13.0%",
"D": "20.0%"
}
|
D
|
finqa1515
|
Please answer the given financial question based on the context.
Context: item 7 . management 2019s discussion and analysis of financial condition and results of operations results of operations 2013 highmount 2013 ( continued ) highmount 2019s revenues , profitability and future growth depend substantially on natural gas and ngl prices and highmount 2019s ability to increase its natural gas and ngl production . in recent years , there has been significant price volatility in natural gas and ngl prices due to a variety of factors highmount cannot control or predict . these factors , which include weather conditions , political and economic events , and competition from other energy sources , impact supply and demand for natural gas , which determines the pricing . in recent months , natural gas prices decreased significantly due largely to increased onshore natural gas production , plentiful levels of working gas in storage and reduced commercial demand . the increase in the onshore natural gas production was due largely to increased production from 201cunconventional 201d sources of natural gas such as shale gas , coalbed methane , tight sandstones and methane hydrates , made possible in recent years by modern technology in creating extensive artificial fractures around well bores and advances in horizontal drilling technology . other key factors contributing to the softness of natural gas prices likely included a lower level of industrial demand for natural gas , as a result of the ongoing economic downturn , and relatively low crude oil prices . due to industry conditions , in february of 2009 highmount elected to terminate contracts for five drilling rigs at its permian basin property in the sonora , texas area . the estimated fee payable to the rig contractor for exercising this early termination right will be approximately $ 23 million . in light of these developments , highmount will reduce 2009 production volumes through decreased drilling activity . in addition , the price highmount realizes for its gas production is affected by highmount 2019s hedging activities as well as locational differences in market prices . highmount 2019s decision to increase its natural gas production is dependent upon highmount 2019s ability to realize attractive returns on its capital investment program . returns are affected by commodity prices , capital and operating costs . highmount 2019s operating income , which represents revenues less operating expenses , is primarily affected by revenue factors , but is also a function of varying levels of production expenses , production and ad valorem taxes , as well as depreciation , depletion and amortization ( 201cdd&a 201d ) expenses . highmount 2019s production expenses represent all costs incurred to operate and maintain wells and related equipment and facilities . the principal components of highmount 2019s production expenses are , among other things , direct and indirect costs of labor and benefits , repairs and maintenance , materials , supplies and fuel . in general , during 2008 highmount 2019s labor costs increased primarily due to higher salary levels and continued upward pressure on salaries and wages as a result of the increased competition for skilled workers . in response to these market conditions , in 2008 highmount implemented retention programs , including increases in compensation . production expenses during 2008 were also affected by increases in the cost of fuel , materials and supplies . the higher cost environment discussed above continued during all of 2008 . during the fourth quarter of 2008 the price of natural gas declined significantly while operating expenses remained high . this environment of low commodity prices and high operating expenses continued until december of 2008 when highmount began to see evidence of decreasing operating expenses and drilling costs . highmount 2019s production and ad valorem taxes increase primarily when prices of natural gas and ngls increase , but they are also affected by changes in production , as well as appreciated property values . highmount calculates depletion using the units-of-production method , which depletes the capitalized costs and future development costs associated with evaluated properties based on the ratio of production volumes for the current period to total remaining reserve volumes for the evaluated properties . highmount 2019s depletion expense is affected by its capital spending program and projected future development costs , as well as reserve changes resulting from drilling programs , well performance , and revisions due to changing commodity prices . presented below are production and sales statistics related to highmount 2019s operations: .
|year ended december 31|2008|2007 ( a )|
|gas production ( bcf )|78.9|34.0|
|gas sales ( bcf )|72.5|31.4|
|oil production/sales ( mbbls )|351.3|114.0|
|ngl production/sales ( mbbls )|3507.4|1512.9|
|equivalent production ( bcfe )|102.0|43.8|
|equivalent sales ( bcfe )|95.7|41.2|
|average realized prices without hedging results:|||
|gas ( per mcf )|$ 8.25|$ 5.95|
|ngl ( per bbl )|51.26|51.02|
|oil ( per bbl )|95.26|83.37|
|equivalent ( per mcfe )|8.48|6.65|
.
Question: if 2009 gas production increases at the same rate as 2008 , what would the approximate 2009 product be , in bcf?
Answer:
|
183.09441
|
if 2009 gas production increases at the same rate as 2008 , what would the approximate 2009 product be , in bcf?
|
{
"options": {
"A": "78.9 bcf",
"B": "102.0 bcf",
"C": "183.09441 bcf",
"D": "200.0 bcf"
},
"goldenKey": "C"
}
|
{
"A": "78.9 bcf",
"B": "102.0 bcf",
"C": "183.09441 bcf",
"D": "200.0 bcf"
}
|
C
|
finqa1516
|
Please answer the given financial question based on the context.
Context: icos corporation on january 29 , 2007 , we acquired all of the outstanding common stock of icos corporation ( icos ) , our partner in the lilly icos llc joint venture for the manufacture and sale of cialis for the treatment of erectile dysfunction . the acquisition brought the full value of cialis to us and enabled us to realize operational effi ciencies in the further development , marketing , and selling of this product . the aggregate cash purchase price of approximately $ 2.3 bil- lion was fi nanced through borrowings . the acquisition has been accounted for as a business combination under the purchase method of accounting , resulting in goodwill of $ 646.7 million . no portion of this goodwill was deductible for tax purposes . we determined the following estimated fair values for the assets acquired and liabilities assumed as of the date of acquisition . estimated fair value at january 29 , 2007 .
|cash and short-term investments|$ 197.7|
|developed product technology ( cialis ) 1|1659.9|
|tax benefit of net operating losses|404.1|
|goodwill|646.7|
|long-term debt assumed|-275.6 ( 275.6 )|
|deferred taxes|-583.5 ( 583.5 )|
|other assets and liabilities 2014 net|-32.1 ( 32.1 )|
|acquired in-process research and development|303.5|
|total purchase price|$ 2320.7|
1this intangible asset will be amortized over the remaining expected patent lives of cialis in each country ; patent expiry dates range from 2015 to 2017 . new indications for and formulations of the cialis compound in clinical testing at the time of the acquisition represented approximately 48 percent of the estimated fair value of the acquired ipr&d . the remaining value of acquired ipr&d represented several other products in development , with no one asset comprising a signifi cant por- tion of this value . the discount rate we used in valuing the acquired ipr&d projects was 20 percent , and the charge for acquired ipr&d of $ 303.5 million recorded in the fi rst quarter of 2007 was not deductible for tax purposes . other acquisitions during the second quarter of 2007 , we acquired all of the outstanding stock of both hypnion , inc . ( hypnion ) , a privately held neuroscience drug discovery company focused on sleep disorders , and ivy animal health , inc . ( ivy ) , a privately held applied research and pharmaceutical product development company focused on the animal health industry , for $ 445.0 million in cash . the acquisition of hypnion provided us with a broader and more substantive presence in the area of sleep disorder research and ownership of hy10275 , a novel phase ii compound with a dual mechanism of action aimed at promoting better sleep onset and sleep maintenance . this was hypnion 2019s only signifi cant asset . for this acquisi- tion , we recorded an acquired ipr&d charge of $ 291.1 million , which was not deductible for tax purposes . because hypnion was a development-stage company , the transaction was accounted for as an acquisition of assets rather than as a business combination and , therefore , goodwill was not recorded . the acquisition of ivy provides us with products that complement those of our animal health business . this acquisition has been accounted for as a business combination under the purchase method of accounting . we allocated $ 88.7 million of the purchase price to other identifi able intangible assets , primarily related to marketed products , $ 37.0 million to acquired ipr&d , and $ 25.0 million to goodwill . the other identifi able intangible assets are being amortized over their estimated remaining useful lives of 10 to 20 years . the $ 37.0 million allocated to acquired ipr&d was charged to expense in the second quarter of 2007 . goodwill resulting from this acquisition was fully allocated to the animal health business segment . the amount allocated to each of the intangible assets acquired , including goodwill of $ 25.0 million and the acquired ipr&d of $ 37.0 million , was deductible for tax purposes . product acquisitions in june 2008 , we entered into a licensing and development agreement with transpharma medical ltd . ( trans- pharma ) to acquire rights to its product and related drug delivery system for the treatment of osteoporosis . the product , which is administered transdermally using transpharma 2019s proprietary technology , was in phase ii clinical testing , and had no alternative future use . under the arrangement , we also gained non-exclusive access to trans- pharma 2019s viaderm drug delivery system for the product . as with many development-phase products , launch of the .
Question: what percentage of the total purchase price was comprised of goodwill?
Answer:
|
0.27867
|
what percentage of the total purchase price was comprised of goodwill?
|
{
"options": {
"A": "27.867%",
"B": "2.7867%",
"C": "0.27867%",
"D": "0.027867%"
},
"goldenKey": "C"
}
|
{
"A": "27.867%",
"B": "2.7867%",
"C": "0.27867%",
"D": "0.027867%"
}
|
C
|
finqa1517
|
Please answer the given financial question based on the context.
Context: part ii item 5 . market for registrant 2019s common equity , related stockholder matters and issuer purchases of equity securities . price range our common stock trades on the nasdaq global select market under the symbol 201cmktx 201d . the range of closing price information for our common stock , as reported by nasdaq , was as follows : on february 20 , 2015 , the last reported closing price of our common stock on the nasdaq global select market was $ 78.97 . holders there were 28 holders of record of our common stock as of february 20 , 2015 . dividend policy during 2014 , 2013 and 2012 , we paid quarterly cash dividends of $ 0.16 per share , $ 0.13 per share and $ 0.11 per share , respectively . on december 27 , 2012 , we paid a special cash dividend of $ 1.30 per share . in january 2015 , our board of directors approved a quarterly cash dividend of $ 0.20 per share payable on february 26 , 2015 to stockholders of record as of the close of business on february 12 , 2015 . any future declaration and payment of dividends will be at the sole discretion of our board of directors . the board of directors may take into account such matters as general business conditions , our financial results , capital requirements , contractual obligations , legal and regulatory restrictions on the payment of dividends to our stockholders or by our subsidiaries to their respective parent entities , and such other factors as the board of directors may deem relevant . recent sales of unregistered securities securities authorized for issuance under equity compensation plans please see the section entitled 201cequity compensation plan information 201d in item 12. .
|2014:|high|low|
|january 1 2014 to march 31 2014|$ 67.16|$ 57.99|
|april 1 2014 to june 30 2014|$ 59.65|$ 50.30|
|july 1 2014 to september 30 2014|$ 62.05|$ 47.50|
|october 1 2014 to december 31 2014|$ 73.25|$ 61.15|
|2013:|high|low|
|january 1 2013 to march 31 2013|$ 41.85|$ 34.79|
|april 1 2013 to june 30 2013|$ 47.80|$ 37.09|
|july 1 2013 to september 30 2013|$ 61.47|$ 47.59|
|october 1 2013 to december 31 2013|$ 70.60|$ 61.34|
.
Question: between july 1 2014 to september 30 2014 what was the spread between the high and low price per share?
Answer:
|
14.55
|
between july 1 2014 to september 30 2014 what was the spread between the high and low price per share?
|
{
"options": {
"A": "14.55",
"B": "15.55",
"C": "16.55",
"D": "17.55"
},
"goldenKey": "A"
}
|
{
"A": "14.55",
"B": "15.55",
"C": "16.55",
"D": "17.55"
}
|
A
|
finqa1518
|
Please answer the given financial question based on the context.
Context: dividends for a summary of the cash dividends paid on citi 2019s outstanding common stock during 2009 and 2010 , see note 33 to the consolidated financial statements . for so long as the u.s . government holds any citigroup trust preferred securities acquired pursuant to the exchange offers consummated in 2009 , citigroup has agreed not to pay a quarterly common stock dividend exceeding $ 0.01 per quarter , subject to certain customary exceptions . further , any dividend on citi 2019s outstanding common stock would need to be made in compliance with citi 2019s obligations to any remaining outstanding citigroup preferred stock . performance graph comparison of five-year cumulative total return the following graph and table compare the cumulative total return on citigroup 2019s common stock with the cumulative total return of the s&p 500 index and the s&p financial index over the five-year period extending through december 31 , 2010 . the graph and table assume that $ 100 was invested on december 31 , 2005 in citigroup 2019s common stock , the s&p 500 index and the s&p financial index and that all dividends were reinvested . citigroup s&p 500 index s&p financial index comparison of five-year cumulative total return for the years ended 2006 2007 2008 2009 2010 .
|december 31,|citigroup|s&p 500 index|s&p financial index|
|2006|119.55|115.79|119.19|
|2007|66.10|122.15|96.98|
|2008|15.88|76.96|43.34|
|2009|7.85|97.33|50.80|
|2010|11.22|111.99|56.96|
.
Question: what was the difference in percentage cumulative total return between cititgroup's common stock and the s&p 500 index for the five year period ending 2010?
Answer:
|
42.1522
|
what was the difference in percentage cumulative total return between cititgroup's common stock and the s&p 500 index for the five year period ending 2010?
|
{
"options": {
"A": "42.1522%",
"B": "36.77%",
"C": "25.67%",
"D": "18.91%"
},
"goldenKey": "A"
}
|
{
"A": "42.1522%",
"B": "36.77%",
"C": "25.67%",
"D": "18.91%"
}
|
A
|
finqa1519
|
Please answer the given financial question based on the context.
Context: except for long-term debt , the carrying amounts of the company 2019s other financial instruments are measured at fair value or approximate fair value due to the short-term nature of these instruments . asset retirement obligations 2014the company records all known asset retirement obligations within other current liabilities for which the liability 2019s fair value can be reasonably estimated , including certain asbestos removal , asset decommissioning and contractual lease restoration obligations . the changes in the asset retirement obligation carrying amounts during 2011 , 2010 and 2009 were as follows : ( $ in millions ) retirement obligations .
|( $ in millions )|asset retirement obligations|
|balance at january 1 2009|$ 3|
|accretion expense|0|
|payment of asset retirement obligation|0|
|balance at december 31 2009|3|
|obligation relating to the future retirement of a facility|17|
|accretion expense|0|
|payment of asset retirement obligation|0|
|balance at december 31 2010|20|
|obligation relating to the future retirement of a facility|5|
|accretion expense|0|
|payment of asset retirement obligation|0|
|balance at december 31 2011|$ 25|
the company also has known conditional asset retirement obligations related to assets currently in use , such as certain asbestos remediation and asset decommissioning activities to be performed in the future , that were not reasonably estimable as of december 31 , 2011 and 2010 , due to insufficient information about the timing and method of settlement of the obligation . accordingly , the fair value of these obligations has not been recorded in the consolidated financial statements . environmental remediation and/or asset decommissioning of the relevant facilities may be required when the company ceases to utilize these facilities . in addition , there may be conditional environmental asset retirement obligations that the company has not yet discovered . income taxes 2014income tax expense and other income tax related information contained in the financial statements for periods before the spin-off are presented as if the company filed its own tax returns on a stand-alone basis , while similar information for periods after the spin-off reflect the company 2019s positions to be filed in its own tax returns in the future . income tax expense and other related information are based on the prevailing statutory rates for u.s . federal income taxes and the composite state income tax rate for the company for each period presented . state and local income and franchise tax provisions are allocable to contracts in process and , accordingly , are included in general and administrative expenses . deferred income taxes are recorded when revenues and expenses are recognized in different periods for financial statement purposes than for tax return purposes . deferred tax asset or liability account balances are calculated at the balance sheet date using current tax laws and rates in effect . determinations of the expected realizability of deferred tax assets and the need for any valuation allowances against these deferred tax assets were evaluated based upon the stand-alone tax attributes of the company , and an $ 18 million valuation allowance was deemed necessary as of december 31 , 2011 . no valuation allowance was deemed necessary as of december 31 , 2010 . uncertain tax positions meeting the more-likely-than-not recognition threshold , based on the merits of the position , are recognized in the financial statements . we recognize the amount of tax benefit that is greater than 50% ( 50 % ) likely to be realized upon ultimate settlement with the related tax authority . if a tax position does not meet the minimum statutory threshold to avoid payment of penalties , we recognize an expense for the amount of the penalty in the period the tax position is claimed or expected to be claimed in our tax return . penalties , if probable and reasonably estimable , are recognized as a component of income tax expense . we also recognize accrued interest related to uncertain tax positions in income tax expense . the timing and amount of accrued interest is determined by the applicable tax law associated with an underpayment of income taxes . see note 12 : income taxes . under existing gaap , changes in accruals associated with uncertainties are recorded in earnings in the period they are determined. .
Question: now much of the net increase in aro during the period was due to accretion , in millions?
Answer:
|
0.0
|
now much of the net increase in aro during the period was due to accretion , in millions?
|
{
"options": {
"A": "0.0",
"B": "3.0",
"C": "5.0",
"D": "25.0"
},
"goldenKey": "A"
}
|
{
"A": "0.0",
"B": "3.0",
"C": "5.0",
"D": "25.0"
}
|
A
|
finqa1521
|
Please answer the given financial question based on the context.
Context: marathon oil corporation notes to consolidated financial statements stock-based performance unit awards 2013 during 2018 , 2017 and 2016 we granted 754140 , 563631 and 1205517 stock- based performance unit awards to officers . at december 31 , 2018 , there were 1196176 units outstanding . total stock-based performance unit awards expense was $ 13 million in 2018 , $ 8 million in 2017 and $ 6 million in 2016 . the key assumptions used in the monte carlo simulation to determine the fair value of stock-based performance units granted in 2018 , 2017 and 2016 were: .
||2018|2017|2016|
|valuation date stock price|$ 14.17|$ 14.17|$ 14.17|
|expected annual dividend yield|1.4% ( 1.4 % )|1.4% ( 1.4 % )|1.4% ( 1.4 % )|
|expected volatility|39% ( 39 % )|43% ( 43 % )|52% ( 52 % )|
|risk-free interest rate|2.5% ( 2.5 % )|2.6% ( 2.6 % )|2.4% ( 2.4 % )|
|fair value of stock-based performance units outstanding|$ 19.60|$ 19.45|$ 21.51|
18 . defined benefit postretirement plans and defined contribution plan we have noncontributory defined benefit pension plans covering substantially all domestic employees , as well as u.k . employees who were hired before april 2010 . certain employees located in e.g. , who are u.s . or u.k . based , also participate in these plans . benefits under these plans are based on plan provisions specific to each plan . for the u.k . pension plan , the principal employer and plan trustees reached a decision to close the plan to future benefit accruals effective december 31 , 2015 . we also have defined benefit plans for other postretirement benefits covering our u.s . employees . health care benefits are provided up to age 65 through comprehensive hospital , surgical and major medical benefit provisions subject to various cost- sharing features . post-age 65 health care benefits are provided to certain u.s . employees on a defined contribution basis . life insurance benefits are provided to certain retiree beneficiaries . these other postretirement benefits are not funded in advance . employees hired after 2016 are not eligible for any postretirement health care or life insurance benefits. .
Question: what was total stock-based performance unit awards expense in 2018 , 2017 , and 2016 , in millions?
Answer:
|
27.0
|
what was total stock-based performance unit awards expense in 2018 , 2017 , and 2016 , in millions?
|
{
"options": {
"A": "13.0",
"B": "8.0",
"C": "6.0",
"D": "27.0"
},
"goldenKey": "D"
}
|
{
"A": "13.0",
"B": "8.0",
"C": "6.0",
"D": "27.0"
}
|
D
|
finqa1522
|
Please answer the given financial question based on the context.
Context: f-772016 annual report the hartford financial services group , inc . notes to consolidated financial statements ( continued ) 13 . debt ( continued ) the 7.875% ( 7.875 % ) and 8.125% ( 8.125 % ) debentures may be redeemed in whole prior to the call date upon certain tax or rating agency events , at a price equal to the greater of 100% ( 100 % ) of the principal amount being redeemed and the applicable make-whole amount plus any accrued and unpaid interest . the company may elect to redeem the 8.125% ( 8.125 % ) debentures in whole or part at its option prior to the call date at a price equal to the greater of 100% ( 100 % ) of the principal amount being redeemed and the applicable make-whole amount plus any accrued and unpaid interest . the company may elect to redeem the 7.875% ( 7.875 % ) and 8.125% ( 8.125 % ) debentures in whole or in part on or after the call date for the principal amount being redeemed plus accrued and unpaid interest to the date of redemption . in connection with the offering of the 8.125% ( 8.125 % ) debentures , the company entered into a replacement capital covenant ( 201crcc 201d ) for the benefit of holders of one or more designated series of the company 2019s indebtedness , initially the company 2019s 6.1% ( 6.1 % ) notes due 2041 . under the terms of the rcc , if the company redeems the 8.125% ( 8.125 % ) debentures at any time prior to june 15 , 2048 it can only do so with the proceeds from the sale of certain qualifying replacement securities . on february 7 , 2017 , the company executed an amendment to the rcc to lengthen the amount of time the company has to issue qualifying replacement securities prior to the redemption of the 8.125% ( 8.125 % ) debentures and to amend the definition of certain qualifying replacement securities . long-term debt long-term debt maturities ( at par value ) as of december 31 , 2016 .
|2017 - current maturities|$ 416|
|2018|$ 320|
|2019|$ 413|
|2020|$ 500|
|2021|$ 2014|
|thereafter|$ 3525|
shelf registrations on july 29 , 2016 , the company filed with the securities and exchange commission ( the 201csec 201d ) an automatic shelf registration statement ( registration no . 333-212778 ) for the potential offering and sale of debt and equity securities . the registration statement allows for the following types of securities to be offered : debt securities , junior subordinated debt securities , preferred stock , common stock , depositary shares , warrants , stock purchase contracts , and stock purchase units . in that the hartford is a well- known seasoned issuer , as defined in rule 405 under the securities act of 1933 , the registration statement went effective immediately upon filing and the hartford may offer and sell an unlimited amount of securities under the registration statement during the three-year life of the registration statement . contingent capital facility the hartford is party to a put option agreement that provides the hartford with the right to require the glen meadow abc trust , a delaware statutory trust , at any time and from time to time , to purchase the hartford 2019s junior subordinated notes in a maximum aggregate principal amount not to exceed $ 500 . on february 8 , 2017 , the hartford exercised the put option resulting in the issuance of $ 500 in junior subordinated notes with proceeds received on february 15 , 2017 . under the put option agreement , the hartford had been paying the glen meadow abc trust premiums on a periodic basis , calculated with respect to the aggregate principal amount of notes that the hartford had the right to put to the glen meadow abc trust for such period . the hartford has agreed to reimburse the glen meadow abc trust for certain fees and ordinary expenses . the company holds a variable interest in the glen meadow abc trust where the company is not the primary beneficiary . as a result , the company does not consolidate the glen meadow abc trust . the junior subordinated notes have a scheduled maturity of february 12 , 2047 , and a final maturity of february 12 , 2067 . the company is required to use reasonable efforts to sell certain qualifying replacement securities in order to repay the debentures at the scheduled maturity date . the junior subordinated notes bear interest at an annual rate of three-month libor plus 2.125% ( 2.125 % ) , payable quarterly , and are unsecured , subordinated indebtedness of the hartford . the hartford will have the right , on one or more occasions , to defer interest payments due on the junior subordinated notes under specified circumstances . upon receipt of the proceeds , the company entered into a replacement capital covenant ( the 201crcc 201d ) for the benefit of holders of one or more designated series of the company 2019s indebtedness , initially the company 2019s 4.3% ( 4.3 % ) notes due 2043 . under the terms of the rcc , if the company redeems the debentures at any time prior to february 12 , 2047 ( or such earlier date on which the rcc terminates by its terms ) it can only do so with the proceeds from the sale of certain qualifying replacement securities . the rcc also prohibits the company from redeeming all or any portion of the notes on or prior to february 15 , 2022 . revolving credit facilities the company has a senior unsecured five-year revolving credit facility ( the 201ccredit facility 201d ) that provides for borrowing capacity up to $ 1 billion of unsecured credit through october 31 , 2019 available in u.s . dollars , euro , sterling , canadian dollars and japanese yen . as of december 31 , 2016 , no borrowings were outstanding under the credit facility . as of december 31 , 2016 , the company was in compliance with all financial covenants within the credit facility . commercial paper the hartford 2019s maximum borrowings available under its commercial paper program are $ 1 billion . the company is dependent upon market conditions to access short-term financing through the issuance of commercial paper to investors . as of december 31 , 2016 , there was no commercial paper outstanding. .
Question: as of december 2016 what was the average long-term debt maturities that was due between 2017 and 2020 in millions
Answer:
|
826.5
|
as of december 2016 what was the average long-term debt maturities that was due between 2017 and 2020 in millions
|
{
"options": {
"A": "416",
"B": "320",
"C": "500",
"D": "826.5"
},
"goldenKey": "D"
}
|
{
"A": "416",
"B": "320",
"C": "500",
"D": "826.5"
}
|
D
|
finqa1523
|
Please answer the given financial question based on the context.
Context: from time to time , we may elect to use foreign currency forward contracts to reduce the risk from exchange rate fluctuations on intercompany transactions and projected inventory purchases for our european and canadian subsidiaries . in addition , we may elect to enter into foreign currency forward contracts to reduce the risk associated with foreign currency exchange rate fluctuations on pound sterling denominated balance sheet items . we do not enter into derivative financial instruments for speculative or trading purposes . based on the foreign currency forward contracts outstanding as of december 31 , 2011 , we receive u.s . dollars in exchange for canadian dollars at a weighted average contractual forward foreign currency exchange rate of 1.03 cad per $ 1.00 , u.s . dollars in exchange for euros at a weighted average contractual foreign currency exchange rate of 20ac0.77 per $ 1.00 and euros in exchange for pounds sterling at a weighted average contractual foreign currency exchange rate of a30.84 per 20ac1.00 . as of december 31 , 2011 , the notional value of our outstanding foreign currency forward contracts for our canadian subsidiary was $ 51.1 million with contract maturities of 1 month or less , and the notional value of our outstanding foreign currency forward contracts for our european subsidiary was $ 50.0 million with contract maturities of 1 month . as of december 31 , 2011 , the notional value of our outstanding foreign currency forward contract used to mitigate the foreign currency exchange rate fluctuations on pound sterling denominated balance sheet items was 20ac10.5 million , or $ 13.6 million , with a contract maturity of 1 month . the foreign currency forward contracts are not designated as cash flow hedges , and accordingly , changes in their fair value are recorded in other expense , net on the consolidated statements of income . the fair values of our foreign currency forward contracts were liabilities of $ 0.7 million and $ 0.6 million as of december 31 , 2011 and 2010 , respectively , and were included in accrued expenses on the consolidated balance sheet . refer to note 10 to the consolidated financial statements for a discussion of the fair value measurements . included in other expense , net were the following amounts related to changes in foreign currency exchange rates and derivative foreign currency forward contracts: .
|year ended december 31 , ( in thousands )|year ended december 31 , 2011|year ended december 31 , 2010|2009|
|unrealized foreign currency exchange rate gains ( losses )|$ -4027 ( 4027 )|$ -1280 ( 1280 )|$ 5222|
|realized foreign currency exchange rate gains ( losses )|298|-2638 ( 2638 )|-261 ( 261 )|
|unrealized derivative losses|-31 ( 31 )|-809 ( 809 )|-1060 ( 1060 )|
|realized derivative gains ( losses )|1696|3549|-4412 ( 4412 )|
we enter into foreign currency forward contracts with major financial institutions with investment grade credit ratings and are exposed to credit losses in the event of non-performance by these financial institutions . this credit risk is generally limited to the unrealized gains in the foreign currency forward contracts . however , we monitor the credit quality of these financial institutions and consider the risk of counterparty default to be minimal . although we have entered into foreign currency forward contracts to minimize some of the impact of foreign currency exchange rate fluctuations on future cash flows , we cannot be assured that foreign currency exchange rate fluctuations will not have a material adverse impact on our financial condition and results of operations . inflation inflationary factors such as increases in the cost of our product and overhead costs may adversely affect our operating results . although we do not believe that inflation has had a material impact on our financial position or results of operations to date , a high rate of inflation in the future may have an adverse effect on our ability to maintain current levels of gross margin and selling , general and administrative expenses as a percentage of net revenues if the selling prices of our products do not increase with these increased costs. .
Question: as of december 312011 what was the percentage increase in the unrealized foreign currency exchange rate gains ( losses )
Answer:
|
2.14609
|
as of december 312011 what was the percentage increase in the unrealized foreign currency exchange rate gains ( losses )
|
{
"options": {
"A": "0.4027%",
"B": "0.1280%",
"C": "0.5222%",
"D": "2.14609%"
},
"goldenKey": "D"
}
|
{
"A": "0.4027%",
"B": "0.1280%",
"C": "0.5222%",
"D": "2.14609%"
}
|
D
|
finqa1524
|
Please answer the given financial question based on the context.
Context: measurement point december 31 booking holdings nasdaq composite index s&p 500 rdg internet composite .
|measurement pointdecember 31|booking holdings inc .|nasdaqcomposite index|s&p 500index|rdg internetcomposite|
|2012|100.00|100.00|100.00|100.00|
|2013|187.37|141.63|132.39|163.02|
|2014|183.79|162.09|150.51|158.81|
|2015|205.51|173.33|152.59|224.05|
|2016|236.31|187.19|170.84|235.33|
|2017|280.10|242.29|208.14|338.52|
sales of unregistered securities between october 1 , 2017 and december 31 , 2017 , we issued 103343 shares of our common stock in connection with the conversion of $ 196.1 million principal amount of our 1.0% ( 1.0 % ) convertible senior notes due 2018 . the conversions were effected in accordance with the indenture , which provides that the principal amount of converted notes be paid in cash and the conversion premium be paid in cash and/or shares of common stock at our election . in each case , we chose to pay the conversion premium in shares of common stock ( fractional shares are paid in cash ) . the issuances of the shares were not registered under the securities act of 1933 , as amended ( the "act" ) pursuant to section 3 ( a ) ( 9 ) of the act. .
Question: what was the percent of the growth in meausurement of the booking holdings inc.2016 to 2017
Answer:
|
43.79
|
what was the percent of the growth in meausurement of the booking holdings inc.2016 to 2017
|
{
"options": {
"A": "43.79%",
"B": "36.91%",
"C": "50.10%",
"D": "32.29%"
},
"goldenKey": "A"
}
|
{
"A": "43.79%",
"B": "36.91%",
"C": "50.10%",
"D": "32.29%"
}
|
A
|
finqa1525
|
Please answer the given financial question based on the context.
Context: packaging corporation of america notes to consolidated financial statements ( continued ) december 31 , 2006 4 . stock-based compensation ( continued ) as of december 31 , 2006 , there was $ 8330000 of total unrecognized compensation costs related to the restricted stock awards . the company expects to recognize the cost of these stock awards over a weighted-average period of 2.5 years . 5 . accrued liabilities the components of accrued liabilities are as follows: .
|( in thousands )|december 31 , 2006|december 31 , 2005|
|bonuses and incentives|$ 29822|$ 21895|
|medical insurance and workers 2019 compensation|18279|18339|
|vacation and holiday pay|14742|14159|
|customer volume discounts and rebates|13777|13232|
|franchise and property taxes|8432|8539|
|payroll and payroll taxes|5465|4772|
|other|9913|5889|
|total|$ 100430|$ 86825|
6 . employee benefit plans and other postretirement benefits in connection with the acquisition from pactiv , pca and pactiv entered into a human resources agreement which , among other items , granted pca employees continued participation in the pactiv pension plan for a period of up to five years following the closing of the acquisition for an agreed upon fee . effective january 1 , 2003 , pca adopted a mirror-image pension plan for eligible hourly employees to succeed the pactiv pension plan in which pca hourly employees had participated though december 31 , 2002 . the pca pension plan for hourly employees recognizes service earned under both the pca plan and the prior pactiv plan . benefits earned under the pca plan are reduced by retirement benefits earned under the pactiv plan through december 31 , 2002 . all assets and liabilities associated with benefits earned through december 31 , 2002 for hourly employees and retirees of pca were retained by the pactiv plan . effective may 1 , 2004 , pca adopted a grandfathered pension plan for certain salaried employees who had previously participated in the pactiv pension plan pursuant to the above mentioned human resource agreement . the benefit formula for the new pca pension plan for salaried employees is comparable to that of the pactiv plan except that the pca plan uses career average base pay in the benefit formula in lieu of final average base pay . the pca pension plan for salaried employees recognizes service earned under both the pca plan and the prior pactiv plan . benefits earned under the pca plan are reduced by retirement benefits earned under the pactiv plan through april 30 , 2004 . all assets and liabilities associated with benefits earned through april 30 , 2004 for salaried employees and retirees of pca were retained by the pactiv plan . pca maintains a supplemental executive retirement plan ( 201cserp 201d ) , which augments pension benefits for eligible executives ( excluding the ceo ) earned under the pca pension plan for salaried employees . benefits are determined using the same formula as the pca pension plan but in addition to counting .
Question: as of december 312006 what was the expected annual unrecognized compensation to be recognized in the future periods
Answer:
|
3332000.0
|
as of december 312006 what was the expected annual unrecognized compensation to be recognized in the future periods
|
{
"options": {
"A": "8330000.0",
"B": "6664000.0",
"C": "3332000.0",
"D": "1666000.0"
},
"goldenKey": "C"
}
|
{
"A": "8330000.0",
"B": "6664000.0",
"C": "3332000.0",
"D": "1666000.0"
}
|
C
|
finqa1526
|
Please answer the given financial question based on the context.
Context: other operating and administrative expenses increased slightly in 2015 due to increased expenses asso- ciated with our larger film slate . other operating and administrative expenses increased in 2014 primarily due to the inclusion of fandango , which was previously presented in our cable networks segment . advertising , marketing and promotion expenses advertising , marketing and promotion expenses consist primarily of expenses associated with advertising for our theatrical releases and the marketing of our films on dvd and in digital formats . we incur significant marketing expenses before and throughout the release of a film in movie theaters . as a result , we typically incur losses on a film prior to and during the film 2019s exhibition in movie theaters and may not realize profits , if any , until the film generates home entertainment and content licensing revenue . the costs associated with producing and marketing films have generally increased in recent years and may continue to increase in the future . advertising , marketing and promotion expenses increased in 2015 primarily due to higher promotional costs associated with our larger 2015 film slate and increased advertising expenses for fandango . advertising , marketing and promotion expenses decreased in 2014 primarily due to fewer major film releases compared to theme parks segment results of operations year ended december 31 ( in millions ) 2015 2014 2013 % ( % ) change 2014 to 2015 % ( % ) change 2013 to 2014 .
|year ended december 31 ( in millions )|2015|2014|2013|% ( % ) change 2014 to 2015|% ( % ) change 2013 to 2014|
|revenue|$ 3339|$ 2623|$ 2235|27.3% ( 27.3 % )|17.3% ( 17.3 % )|
|operating costs and expenses|1875|1527|1292|22.8|18.1|
|operating income before depreciation and amortization|$ 1464|$ 1096|$ 943|33.5% ( 33.5 % )|16.3% ( 16.3 % )|
operating income before depreciation and amortization $ 1464 $ 1096 $ 943 33.5% ( 33.5 % ) 16.3% ( 16.3 % ) theme parks segment 2013 revenue in 2015 , our theme parks segment revenue was generated primarily from ticket sales and guest spending at our universal theme parks in orlando , florida and hollywood , california , as well as from licensing and other fees . in november 2015 , nbcuniversal acquired a 51% ( 51 % ) interest in universal studios japan . guest spending includes in-park spending on food , beverages and merchandise . guest attendance at our theme parks and guest spending depend heavily on the general environment for travel and tourism , including consumer spend- ing on travel and other recreational activities . licensing and other fees relate primarily to our agreements with third parties that own and operate the universal studios singapore theme park , as well as from the universal studios japan theme park , to license the right to use the universal studios brand name and other intellectual property . theme parks segment revenue increased in 2015 and 2014 primarily due to increases in guest attendance and increases in guest spending at our orlando and hollywood theme parks . the increase in 2015 was pri- marily due to the continued success of our attractions , including the wizarding world of harry potter 2122 2014 diagon alley 2122 in orlando and the fast & furious 2122 2014 supercharged 2122 studio tour and the simpson 2019s springfield attraction in hollywood , both of which opened in 2015 . in addition , theme parks segment revenue in 2015 includes $ 169 million of revenue attributable to universal studios japan for the period from november 13 , 2015 to december 31 , 2015 . the increase in 2014 was primarily due to new attractions , such as the wizarding world of harry potter 2122 2014 diagon alley 2122 in orlando , which opened in july 2014 , and despicable me : minion mayhem in hollywood . 59 comcast 2015 annual report on form 10-k .
Question: what was the operating profit margin for the year of 2015?
Answer:
|
0.43845
|
what was the operating profit margin for the year of 2015?
|
{
"options": {
"A": "0.273",
"B": "0.228",
"C": "0.335",
"D": "0.43845"
},
"goldenKey": "D"
}
|
{
"A": "0.273",
"B": "0.228",
"C": "0.335",
"D": "0.43845"
}
|
D
|
finqa1528
|
Please answer the given financial question based on the context.
Context: our non-operating investment activity resulted in net losses of $ 12.7 million in 2009 and $ 52.3 million in 2008 . the improvement of nearly $ 40 million is primarily attributable to a reduction in the other than temporary impairments recognized on our investments in sponsored mutual funds in 2009 versus 2008 . the following table details our related mutual fund investment gains and losses ( in millions ) during the past two years. .
||2008|2009|change|
|other than temporary impairments recognized|$ -91.3 ( 91.3 )|$ -36.1 ( 36.1 )|$ 55.2|
|capital gain distributions received|5.6|2.0|-3.6 ( 3.6 )|
|net gain ( loss ) realized on fund dispositions|-4.5 ( 4.5 )|7.4|11.9|
|net loss recognized on fund holdings|$ -90.2 ( 90.2 )|$ -26.7 ( 26.7 )|$ 63.5|
lower income of $ 16 million from our money market holdings due to the significantly lower interest rate environment offset the improvement experienced with our fund investments . there is no impairment of any of our mutual fund investments at december 31 , 2009 . the 2009 provision for income taxes as a percentage of pretax income is 37.1% ( 37.1 % ) , down from 38.4% ( 38.4 % ) in 2008 and .9% ( .9 % ) lower than our present estimate of 38.0% ( 38.0 % ) for the 2010 effective tax rate . our 2009 provision includes reductions of prior years 2019 tax provisions and discrete nonrecurring benefits that lowered our 2009 effective tax rate by 1.0% ( 1.0 % ) . 2008 versus 2007 . investment advisory revenues decreased 6.3% ( 6.3 % ) , or $ 118 million , to $ 1.76 billion in 2008 as average assets under our management decreased $ 16 billion to $ 358.2 billion . the average annualized fee rate earned on our assets under management was 49.2 basis points in 2008 , down from the 50.2 basis points earned in 2007 , as lower equity market valuations resulted in a greater percentage of our assets under management being attributable to lower fee fixed income portfolios . continuing stress on the financial markets and resulting lower equity valuations as 2008 progressed resulted in lower average assets under our management , lower investment advisory fees and lower net income as compared to prior periods . net revenues decreased 5% ( 5 % ) , or $ 112 million , to $ 2.12 billion . operating expenses were $ 1.27 billion in 2008 , up 2.9% ( 2.9 % ) or $ 36 million from 2007 . net operating income for 2008 decreased $ 147.9 million , or 14.8% ( 14.8 % ) , to $ 848.5 million . higher operating expenses in 2008 and decreased market valuations during the latter half of 2008 , which lowered our assets under management and advisory revenues , resulted in our 2008 operating margin declining to 40.1% ( 40.1 % ) from 44.7% ( 44.7 % ) in 2007 . non-operating investment losses in 2008 were $ 52.3 million as compared to investment income of $ 80.4 million in 2007 . investment losses in 2008 include non-cash charges of $ 91.3 million for the other than temporary impairment of certain of the firm 2019s investments in sponsored mutual funds . net income in 2008 fell 27% ( 27 % ) or nearly $ 180 million from 2007 . diluted earnings per share , after the retrospective application of new accounting guidance effective in 2009 , decreased to $ 1.81 , down $ .59 or 24.6% ( 24.6 % ) from $ 2.40 in 2007 . a non-operating charge to recognize other than temporary impairments of our sponsored mutual fund investments reduced diluted earnings per share by $ .21 in 2008 . investment advisory revenues earned from the t . rowe price mutual funds distributed in the united states decreased 8.5% ( 8.5 % ) , or $ 114.5 million , to $ 1.24 billion . average mutual fund assets were $ 216.1 billion in 2008 , down $ 16.7 billion from 2007 . mutual fund assets at december 31 , 2008 , were $ 164.4 billion , down $ 81.6 billion from the end of 2007 . net inflows to the mutual funds during 2008 were $ 3.9 billion , including $ 1.9 billion to the money funds , $ 1.1 billion to the bond funds , and $ .9 billion to the stock funds . the value , equity index 500 , and emerging markets stock funds combined to add $ 4.1 billion , while the mid-cap growth and equity income stock funds had net redemptions of $ 2.2 billion . net fund inflows of $ 6.2 billion originated in our target-date retirement funds , which in turn invest in other t . rowe price funds . fund net inflow amounts in 2008 are presented net of $ 1.3 billion that was transferred to target-date trusts from the retirement funds during the year . decreases in market valuations and income not reinvested lowered our mutual fund assets under management by $ 85.5 billion during 2008 . investment advisory revenues earned on the other investment portfolios that we manage decreased $ 3.6 million to $ 522.2 million . average assets in these portfolios were $ 142.1 billion during 2008 , up slightly from $ 141.4 billion in 2007 . these minor changes , each less than 1% ( 1 % ) , are attributable to the timing of declining equity market valuations and cash flows among our separate account and subadvised portfolios . net inflows , primarily from institutional investors , were $ 13.2 billion during 2008 , including the $ 1.3 billion transferred from the retirement funds to target-date trusts . decreases in market valuations , net of income , lowered our assets under management in these portfolios by $ 55.3 billion during 2008 . management 2019s discussion & analysis 21 .
Question: what percentage of the net inflows primarily from institutional investors was due to the transfer from retirement funds to target-date trusts?
Answer:
|
0.09848
|
what percentage of the net inflows primarily from institutional investors was due to the transfer from retirement funds to target-date trusts?
|
{
"options": {
"A": "0.09848%",
"B": "0.9848%",
"C": "9.848%",
"D": "98.48%"
},
"goldenKey": "A"
}
|
{
"A": "0.09848%",
"B": "0.9848%",
"C": "9.848%",
"D": "98.48%"
}
|
A
|
finqa1529
|
Please answer the given financial question based on the context.
Context: holding other assumptions constant , the following table reflects what a one hundred basis point increase and decrease in our estimated long-term rate of return on plan assets would have on our estimated 2010 pension expense ( in millions ) : change in long-term rate of return on plan assets .
|increase ( decrease ) in expense|change in long-term rateof return on plan assets increase|change in long-term rateof return on plan assets decrease|
|u.s . plans|$ -13 ( 13 )|$ 13|
|u.k . plans|-32 ( 32 )|32|
|the netherlands plan|-5 ( 5 )|5|
|canada plans|-2 ( 2 )|2|
estimated future contributions we estimate contributions of approximately $ 381 million in 2010 as compared with $ 437 million in goodwill and other intangible assets goodwill represents the excess of cost over the fair market value of the net assets acquired . we classify our intangible assets acquired as either trademarks , client lists , non-compete agreements , or other purchased intangibles . our goodwill and other intangible balances at december 31 , 2009 were $ 6.1 billion and $ 791 million , respectively , compared to $ 5.6 billion and $ 779 million , respectively , at december 31 , 2008 . although goodwill is not amortized , we test it for impairment at least annually in the fourth quarter . beginning in 2009 , we also test trademarks ( which also are not amortized ) that were acquired in conjunction with the benfield merger for impairment . we test more frequently if there are indicators of impairment or whenever business circumstances suggest that the carrying value of goodwill or trademarks may not be recoverable . these indicators may include a sustained significant decline in our share price and market capitalization , a decline in our expected future cash flows , or a significant adverse change in legal factors or in the business climate , among others . no events occurred during 2009 or 2008 that indicate the existence of an impairment with respect to our reported goodwill or trademarks . we perform impairment reviews at the reporting unit level . a reporting unit is an operating segment or one level below an operating segment ( referred to as a 2018 2018component 2019 2019 ) . a component of an operating segment is a reporting unit if the component constitutes a business for which discrete financial information is available and segment management regularly reviews the operating results of that component . an operating segment shall be deemed to be a reporting unit if all of its components are similar , if none of its components is a reporting unit , or if the segment comprises only a single component . the goodwill impairment test is a two step analysis . step one requires the fair value of each reporting unit to be compared to its book value . management must apply judgment in determining the estimated fair value of the reporting units . if the fair value of a reporting unit is determined to be greater than the carrying value of the reporting unit , goodwill and trademarks are deemed not to be impaired and no further testing is necessary . if the fair value of a reporting unit is less than the carrying value , we perform step two . step two uses the calculated fair value of the reporting unit to perform a hypothetical purchase price allocation to the fair value of the assets and liabilities of the reporting unit . the difference between the fair value of the reporting unit calculated in step one and the fair value of the underlying assets and liabilities of the reporting unit is the implied fair value of .
Question: considering the year 2010 , what is the difference between the expected contributions and the goodwill and other intangible assets value , in millions?
Answer:
|
56.0
|
considering the year 2010 , what is the difference between the expected contributions and the goodwill and other intangible assets value , in millions?
|
{
"options": {
"A": "56.0",
"B": "381.0",
"C": "437.0",
"D": "791.0"
},
"goldenKey": "A"
}
|
{
"A": "56.0",
"B": "381.0",
"C": "437.0",
"D": "791.0"
}
|
A
|
finqa1530
|
Please answer the given financial question based on the context.
Context: entergy corporation and subsidiaries management 2019s financial discussion and analysis net revenue utility following is an analysis of the change in net revenue comparing 2014 to 2013 . amount ( in millions ) .
||amount ( in millions )|
|2013 net revenue|$ 5524|
|retail electric price|135|
|asset retirement obligation|56|
|volume/weather|36|
|miso deferral|16|
|net wholesale revenue|-29 ( 29 )|
|other|-3 ( 3 )|
|2014 net revenue|$ 5735|
the retail electric price variance is primarily due to : 2022 increases in the energy efficiency rider at entergy arkansas , as approved by the apsc , effective july 2013 and july 2014 . energy efficiency revenues are offset by costs included in other operation and maintenance expenses and have minimal effect on net income ; 2022 the effect of the apsc 2019s order in entergy arkansas 2019s 2013 rate case , including an annual base rate increase effective january 2014 offset by a miso rider to provide customers credits in rates for transmission revenue received through miso ; 2022 a formula rate plan increase at entergy mississippi , as approved by the mspc , effective september 2013 ; 2022 an increase in entergy mississippi 2019s storm damage rider , as approved by the mpsc , effective october 2013 . the increase in the storm damage rider is offset by other operation and maintenance expenses and has no effect on net income ; 2022 an annual base rate increase at entergy texas , effective april 2014 , as a result of the puct 2019s order in the september 2013 rate case ; and 2022 a formula rate plan increase at entergy louisiana , as approved by the lpsc , effective december 2014 . see note 2 to the financial statements for a discussion of rate proceedings . the asset retirement obligation affects net revenue because entergy records a regulatory debit or credit for the difference between asset retirement obligation-related expenses and trust earnings plus asset retirement obligation- related costs collected in revenue . the variance is primarily caused by increases in regulatory credits because of decreases in decommissioning trust earnings and increases in depreciation and accretion expenses and increases in regulatory credits to realign the asset retirement obligation regulatory assets with regulatory treatment . the volume/weather variance is primarily due to an increase of 3129 gwh , or 3% ( 3 % ) , in billed electricity usage primarily due to an increase in sales to industrial customers and the effect of more favorable weather on residential sales . the increase in industrial sales was primarily due to expansions , recovery of a major refining customer from an unplanned outage in 2013 , and continued moderate growth in the manufacturing sector . the miso deferral variance is primarily due to the deferral in 2014 of the non-fuel miso-related charges , as approved by the lpsc and the mpsc , partially offset by the deferral in april 2013 , as approved by the apsc , of costs incurred from march 2010 through december 2012 related to the transition and implementation of joining the miso .
Question: what is the retail electric price as a percentage of net revenue in 2013?
Answer:
|
0.02444
|
what is the retail electric price as a percentage of net revenue in 2013?
|
{
"options": {
"A": "0.00244",
"B": "0.02444",
"C": "0.2444",
"D": "2.444"
},
"goldenKey": "B"
}
|
{
"A": "0.00244",
"B": "0.02444",
"C": "0.2444",
"D": "2.444"
}
|
B
|
finqa1531
|
Please answer the given financial question based on the context.
Context: the following table summarizes the total contractual amount of credit-related , off-balance sheet financial instruments at december 31 . amounts reported do not reflect participations to independent third parties. .
|( in millions )|2008|2007|
|indemnified securities financing|$ 324590|$ 558368|
|liquidity asset purchase agreements|28800|35339|
|unfunded commitments to extend credit|20981|17533|
|standby letters of credit|6061|4711|
approximately 81% ( 81 % ) of the unfunded commitments to extend credit expire within one year from the date of issue . since many of the commitments are expected to expire or renew without being drawn upon , the total commitment amounts do not necessarily represent future cash requirements . securities finance : on behalf of our customers , we lend their securities to creditworthy brokers and other institutions . we generally indemnify our customers for the fair market value of those securities against a failure of the borrower to return such securities . collateral funds received in connection with our securities finance services are held by us as agent and are not recorded in our consolidated statement of condition . we require the borrowers to provide collateral in an amount equal to or in excess of 100% ( 100 % ) of the fair market value of the securities borrowed . the borrowed securities are revalued daily to determine if additional collateral is necessary . in this regard , we held , as agent , cash and u.s . government securities with an aggregate fair value of $ 333.07 billion and $ 572.93 billion as collateral for indemnified securities on loan at december 31 , 2008 and 2007 , respectively , presented in the table above . the collateral held by us is invested on behalf of our customers . in certain cases , the collateral is invested in third-party repurchase agreements , for which we indemnify the customer against loss of the principal invested . we require the repurchase agreement counterparty to provide collateral in an amount equal to or in excess of 100% ( 100 % ) of the amount of the repurchase agreement . the indemnified repurchase agreements and the related collateral are not recorded in our consolidated statement of condition . of the collateral of $ 333.07 billion at december 31 , 2008 and $ 572.93 billion at december 31 , 2007 referenced above , $ 68.37 billion at december 31 , 2008 and $ 106.13 billion at december 31 , 2007 was invested in indemnified repurchase agreements . we held , as agent , cash and securities with an aggregate fair value of $ 71.87 billion and $ 111.02 billion as collateral for indemnified investments in repurchase agreements at december 31 , 2008 and december 31 , 2007 , respectively . asset-backed commercial paper program : in the normal course of our business , we provide liquidity and credit enhancement to an asset-backed commercial paper program sponsored and administered by us , described in note 12 . the commercial paper issuances and commitments of the commercial paper conduits to provide funding are supported by liquidity asset purchase agreements and back-up liquidity lines of credit , the majority of which are provided by us . in addition , we provide direct credit support to the conduits in the form of standby letters of credit . our commitments under liquidity asset purchase agreements and back-up lines of credit totaled $ 23.59 billion at december 31 , 2008 , and are included in the preceding table . our commitments under standby letters of credit totaled $ 1.00 billion at december 31 , 2008 , and are also included in the preceding table . legal proceedings : several customers have filed litigation claims against us , some of which are putative class actions purportedly on behalf of customers invested in certain of state street global advisors 2019 , or ssga 2019s , active fixed-income strategies . these claims related to investment losses in one or more of ssga 2019s strategies that included sub-prime investments . in 2007 , we established a reserve of approximately $ 625 million to address legal exposure associated with the under-performance of certain active fixed-income strategies managed by ssga and customer concerns as to whether the execution of these strategies was consistent with the customers 2019 investment intent . these strategies were adversely impacted by exposure to , and the lack of liquidity in .
Question: what portion of the 2007 collateral was invested in indemnified repurchase agreements in 2007?
Answer:
|
0.18524
|
what portion of the 2007 collateral was invested in indemnified repurchase agreements in 2007?
|
{
"options": {
"A": "0.18524",
"B": "0.10613",
"C": "0.57293",
"D": "0.33307"
},
"goldenKey": "A"
}
|
{
"A": "0.18524",
"B": "0.10613",
"C": "0.57293",
"D": "0.33307"
}
|
A
|
finqa1532
|
Please answer the given financial question based on the context.
Context: z i m m e r h o l d i n g s , i n c . a n d s u b s i d i a r i e s 2 0 0 4 f o r m 1 0 - k notes to consolidated financial statements ( continued ) the components of accumulated other comprehensive income are as follows ( in millions ) : accumulated foreign foreign minimum unrealized other currency currency pension gains on comprehensive translation hedges liability securities income .
||foreign currency translation|foreign currency hedges|minimum pension liability|unrealized gains on securities|accumulated other comprehensive income|
|beginning balance at january 1 2004|$ 179.7|$ -40.4 ( 40.4 )|$ -0.6 ( 0.6 )|$ 2013|$ 138.7|
|other comprehensive income ( loss )|145.5|-33.0 ( 33.0 )|-0.3 ( 0.3 )|2.4|114.6|
|balance at december 31 2004|$ 325.2|$ -73.4 ( 73.4 )|$ -0.9 ( 0.9 )|$ 2.4|$ 253.3|
accounting pronouncements 2013 in november 2004 , the no . 123 ( r ) requires all share-based payments to employees , fasb issued fasb staff position ( 2018 2018fsp 2019 2019 ) 109-1 , 2018 2018application including stock options , to be expensed based on their fair of fasb statement no . 109 , accounting for income taxes , to values . the company has disclosed the effect on net earnings the tax deduction on qualified production activities and earnings per share if the company had applied the fair provided by the american jobs creation act of 2004 2019 2019 and value recognition provisions of sfas 123 . sfas 123 ( r ) fsp 109-2 , 2018 2018accounting and disclosure guidance for the contains three methodologies for adoption : 1 ) adopt foreign earnings repatriation provision within the american sfas 123 ( r ) on the effective date for interim periods jobs creation act of 2004 2019 2019 . fsp 109-1 states that a thereafter , 2 ) adopt sfas 123 ( r ) on the effective date for company 2019s deduction under the american jobs creation act interim periods thereafter and restate prior interim periods of 2004 ( the 2018 2018act 2019 2019 ) should be accounted for as a special included in the fiscal year of adoption under the provisions of deduction in accordance with sfas no . 109 and not as a tax sfas 123 , or 3 ) adopt sfas 123 ( r ) on the effective date for rate reduction . fsp 109-2 provides accounting and disclosure interim periods thereafter and restate all prior interim guidance for repatriation provisions included under the act . periods under the provisions of sfas 123 . the company has fsp 109-1 and fsp 109-2 were both effective upon issuance . not determined an adoption methodology . the company is in the adoption of these fsp 2019s did not have a material impact the process of assessing the impact that sfas 123 ( r ) will on the company 2019s financial position , results of operations or have on its financial position , results of operations and cash cash flows in 2004 . flows . sfas 123 ( r ) is effective for the company on july 1 , in november 2004 , the fasb issued sfas no . 151 , 2005 . 2018 2018inventory costs 2019 2019 to clarify the accounting for abnormal amounts of idle facility expense . sfas no . 151 requires that 3 . acquisitions fixed overhead production costs be applied to inventory at centerpulse ag and incentive capital ag 2018 2018normal capacity 2019 2019 and any excess fixed overhead production costs be charged to expense in the period in which they were on october 2 , 2003 ( the 2018 2018closing date 2019 2019 ) , the company incurred . sfas no . 151 is effective for fiscal years beginning closed its exchange offer for centerpulse , a global after june 15 , 2005 . the company does not expect sfas orthopaedic medical device company headquartered in no . 151 to have a material impact on its financial position , switzerland that services the reconstructive joint , spine and results of operations , or cash flows . dental implant markets . the company also closed its in december 2004 , the fasb issued sfas no . 153 , exchange offer for incentive , a company that , at the closing 2018 2018exchanges of nonmonetary assets 2019 2019 , which is effective for date , owned only cash and beneficially owned 18.3 percent of fiscal years beginning after june 15 , 2004 . the company does the issued centerpulse shares . the primary reason for not routinely engage in exchanges of nonmonetary assets ; as making the centerpulse and incentive exchange offers ( the such , sfas no . 153 is not expected to have a material impact 2018 2018exchange offers 2019 2019 ) was to create a global leader in the on the company 2019s financial position , results of operations or design , development , manufacture and marketing of cash flows . orthopaedic reconstructive implants , including joint and in may 2004 , the fasb issued fsp 106-2 2018 2018accounting dental , spine implants , and trauma products . the strategic and disclosure requirements related to the medicare compatibility of the products and technologies of the prescription drug , improvement and modernization act of company and centerpulse is expected to provide significant 2003 2019 2019 , which is effective for the first interim or annual period earnings power and a strong platform from which it can beginning after june 15 , 2004 . the company does not expect actively pursue growth opportunities in the industry . for the to be eligible for the federal subsidy available pursuant to the company , centerpulse provides a unique platform for growth medicare prescription drug improvement and modernization and diversification in europe as well as in the spine and act of 2003 ; therefore , this staff position did not have a dental areas of the medical device industry . as a result of the material impact on the company 2019s results of operations , exchange offers , the company beneficially owned financial position or cash flow . 98.7 percent of the issued centerpulse shares ( including the in december 2004 , the fasb issued sfas no . 123 ( r ) , centerpulse shares owned by incentive ) and 99.9 percent of 2018 2018share-based payment 2019 2019 , which is a revision to sfas no . 123 , the issued incentive shares on the closing date . 2018 2018accounting for stock based compensation 2019 2019 . sfas .
Question: what was the percentage change in accumulated other comprehensive income for 2004?
Answer:
|
0.82624
|
what was the percentage change in accumulated other comprehensive income for 2004?
|
{
"options": {
"A": "82.624%",
"B": "82.6244%",
"C": "8.2624%",
"D": "0.82624%"
},
"goldenKey": "D"
}
|
{
"A": "82.624%",
"B": "82.6244%",
"C": "8.2624%",
"D": "0.82624%"
}
|
D
|
finqa1536
|
Please answer the given financial question based on the context.
Context: through current cash balances and cash from oper- ations . additionally , the company has existing credit facilities totaling $ 2.5 billion . the company was in compliance with all its debt covenants at december 31 , 2012 . the company 2019s financial covenants require the maintenance of a minimum net worth of $ 9 billion and a total debt-to- capital ratio of less than 60% ( 60 % ) . net worth is defined as the sum of common stock , paid-in capital and retained earnings , less treasury stock plus any cumulative goodwill impairment charges . the calcu- lation also excludes accumulated other compre- hensive income/loss and nonrecourse financial liabilities of special purpose entities . the total debt- to-capital ratio is defined as total debt divided by the sum of total debt plus net worth . at december 31 , 2012 , international paper 2019s net worth was $ 13.9 bil- lion , and the total-debt-to-capital ratio was 42% ( 42 % ) . the company will continue to rely upon debt and capital markets for the majority of any necessary long-term funding not provided by operating cash flows . funding decisions will be guided by our capi- tal structure planning objectives . the primary goals of the company 2019s capital structure planning are to maximize financial flexibility and preserve liquidity while reducing interest expense . the majority of international paper 2019s debt is accessed through global public capital markets where we have a wide base of investors . maintaining an investment grade credit rating is an important element of international paper 2019s financing strategy . at december 31 , 2012 , the company held long-term credit ratings of bbb ( stable outlook ) and baa3 ( stable outlook ) by s&p and moody 2019s , respectively . contractual obligations for future payments under existing debt and lease commitments and purchase obligations at december 31 , 2012 , were as follows: .
|in millions|2013|2014|2015|2016|2017|thereafter|
|maturities of long-term debt ( a )|$ 444|$ 708|$ 479|$ 571|$ 216|$ 7722|
|debt obligations with right of offset ( b )|2014|2014|2014|5173|2014|2014|
|lease obligations|198|136|106|70|50|141|
|purchase obligations ( c )|3213|828|722|620|808|2654|
|total ( d )|$ 3855|$ 1672|$ 1307|$ 6434|$ 1074|$ 10517|
( a ) total debt includes scheduled principal payments only . ( b ) represents debt obligations borrowed from non-consolidated variable interest entities for which international paper has , and intends to effect , a legal right to offset these obligations with investments held in the entities . accordingly , in its con- solidated balance sheet at december 31 , 2012 , international paper has offset approximately $ 5.2 billion of interests in the entities against this $ 5.2 billion of debt obligations held by the entities ( see note 11 variable interest entities and preferred securities of subsidiaries on pages 69 through 72 in item 8 . financial statements and supplementary data ) . ( c ) includes $ 3.6 billion relating to fiber supply agreements entered into at the time of the 2006 transformation plan forest- land sales and in conjunction with the 2008 acquisition of weyerhaeuser company 2019s containerboard , packaging and recycling business . ( d ) not included in the above table due to the uncertainty as to the amount and timing of the payment are unrecognized tax bene- fits of approximately $ 620 million . we consider the undistributed earnings of our for- eign subsidiaries as of december 31 , 2012 , to be indefinitely reinvested and , accordingly , no u.s . income taxes have been provided thereon . as of december 31 , 2012 , the amount of cash associated with indefinitely reinvested foreign earnings was approximately $ 840 million . we do not anticipate the need to repatriate funds to the united states to sat- isfy domestic liquidity needs arising in the ordinary course of business , including liquidity needs asso- ciated with our domestic debt service requirements . pension obligations and funding at december 31 , 2012 , the projected benefit obliga- tion for the company 2019s u.s . defined benefit plans determined under u.s . gaap was approximately $ 4.1 billion higher than the fair value of plan assets . approximately $ 3.7 billion of this amount relates to plans that are subject to minimum funding require- ments . under current irs funding rules , the calcu- lation of minimum funding requirements differs from the calculation of the present value of plan benefits ( the projected benefit obligation ) for accounting purposes . in december 2008 , the worker , retiree and employer recovery act of 2008 ( wera ) was passed by the u.s . congress which provided for pension funding relief and technical corrections . funding contributions depend on the funding method selected by the company , and the timing of its implementation , as well as on actual demo- graphic data and the targeted funding level . the company continually reassesses the amount and timing of any discretionary contributions and elected to make voluntary contributions totaling $ 44 million and $ 300 million for the years ended december 31 , 2012 and 2011 , respectively . at this time , we expect that required contributions to its plans in 2013 will be approximately $ 31 million , although the company may elect to make future voluntary contributions . the timing and amount of future contributions , which could be material , will depend on a number of factors , including the actual earnings and changes in values of plan assets and changes in interest rates . ilim holding s.a . shareholder 2019s agreement in october 2007 , in connection with the for- mation of the ilim holding s.a . joint venture , international paper entered into a share- holder 2019s agreement that includes provisions relating to the reconciliation of disputes among the partners . this agreement provides that at .
Question: what percentage of contractual obligations for future payments under existing debt and lease commitments and purchase obligations at december 31 , 2012 is short term for the year 2013?
Answer:
|
0.88482
|
what percentage of contractual obligations for future payments under existing debt and lease commitments and purchase obligations at december 31 , 2012 is short term for the year 2013?
|
{
"options": {
"A": "88.482%",
"B": "8.482%",
"C": "0.88482%",
"D": "0.088482%"
},
"goldenKey": "C"
}
|
{
"A": "88.482%",
"B": "8.482%",
"C": "0.88482%",
"D": "0.088482%"
}
|
C
|
finqa1537
|
Please answer the given financial question based on the context.
Context: 2022 secondary market same store communities are generally communities in markets with populations of more than 1 million but less than 1% ( 1 % ) of the total public multifamily reit units or markets with populations of less than 1 million that we have owned and have been stabilized for at least a full 12 months . 2022 non-same store communities and other includes recent acquisitions , communities in development or lease-up , communities that have been identified for disposition , and communities that have undergone a significant casualty loss . also included in non-same store communities are non-multifamily activities . on the first day of each calendar year , we determine the composition of our same store operating segments for that year as well as adjust the previous year , which allows us to evaluate full period-over-period operating comparisons . an apartment community in development or lease-up is added to the same store portfolio on the first day of the calendar year after it has been owned and stabilized for at least a full 12 months . communities are considered stabilized after achieving 90% ( 90 % ) occupancy for 90 days . communities that have been identified for disposition are excluded from the same store portfolio . all properties acquired from post properties in the merger remained in the non-same store and other operating segment during 2017 , as the properties were recent acquisitions and had not been owned and stabilized for at least 12 months as of january 1 , 2017 . for additional information regarding our operating segments , see note 14 to the consolidated financial statements included elsewhere in this annual report on form 10-k . acquisitions one of our growth strategies is to acquire apartment communities that are located in various large or secondary markets primarily throughout the southeast and southwest regions of the united states . acquisitions , along with dispositions , help us achieve and maintain our desired product mix , geographic diversification and asset allocation . portfolio growth allows for maximizing the efficiency of the existing management and overhead structure . we have extensive experience in the acquisition of multifamily communities . we will continue to evaluate opportunities that arise , and we will utilize this strategy to increase our number of apartment communities in strong and growing markets . we acquired the following apartment communities during the year ended december 31 , 2017: .
|community|market|units|closing date|
|charlotte at midtown|nashville tn|279|march 16 2017|
|acklen west end|nashville tn|320|december 28 2017|
dispositions we sell apartment communities and other assets that no longer meet our long-term strategy or when market conditions are favorable , and we redeploy the proceeds from those sales to acquire , develop and redevelop additional apartment communities and rebalance our portfolio across or within geographic regions . dispositions also allow us to realize a portion of the value created through our investments and provide additional liquidity . we are then able to redeploy the net proceeds from our dispositions in lieu of raising additional capital . in deciding to sell an apartment community , we consider current market conditions and generally solicit competing bids from unrelated parties for these individual assets , considering the sales price and other key terms of each proposal . we also consider portfolio dispositions when such a structure is useful to maximize proceeds and efficiency of execution . during the year ended december 31 , 2017 , we disposed of five multifamily properties totaling 1760 units and four land parcels totaling approximately 23 acres . development as another part of our growth strategy , we invest in a limited number of development projects . development activities may be conducted through wholly-owned affiliated companies or through joint ventures with unaffiliated parties . fixed price construction contracts are signed with unrelated parties to minimize construction risk . we typically manage the leasing portion of the project as units become available for lease . we may also engage in limited expansion development opportunities on existing communities in which we typically serve as the developer . while we seek opportunistic new development investments offering attractive long-term investment returns , we intend to maintain a total development commitment that we consider modest in relation to our total balance sheet and investment portfolio . during the year ended december 31 , 2017 , we incurred $ 170.1 million in development costs and completed 7 development projects. .
Question: during the year ended december 31 , 2017 , what was the ratio of the units disposed to the units acquired
Answer:
|
2.93823
|
during the year ended december 31 , 2017 , what was the ratio of the units disposed to the units acquired
|
{
"options": {
"A": "1.760",
"B": "2.93823",
"C": "7.000",
"D": "23.000"
},
"goldenKey": "B"
}
|
{
"A": "1.760",
"B": "2.93823",
"C": "7.000",
"D": "23.000"
}
|
B
|
finqa1538
|
Please answer the given financial question based on the context.
Context: 12 . brokerage receivables and brokerage payables citi has receivables and payables for financial instruments sold to and purchased from brokers , dealers and customers , which arise in the ordinary course of business . citi is exposed to risk of loss from the inability of brokers , dealers or customers to pay for purchases or to deliver the financial instruments sold , in which case citi would have to sell or purchase the financial instruments at prevailing market prices . credit risk is reduced to the extent that an exchange or clearing organization acts as a counterparty to the transaction and replaces the broker , dealer or customer in question . citi seeks to protect itself from the risks associated with customer activities by requiring customers to maintain margin collateral in compliance with regulatory and internal guidelines . margin levels are monitored daily , and customers deposit additional collateral as required . where customers cannot meet collateral requirements , citi may liquidate sufficient underlying financial instruments to bring the customer into compliance with the required margin level . exposure to credit risk is impacted by market volatility , which may impair the ability of clients to satisfy their obligations to citi . credit limits are established and closely monitored for customers and for brokers and dealers engaged in forwards , futures and other transactions deemed to be credit sensitive . brokerage receivables and brokerage payables consisted of the following: .
|in millions of dollars|december 31 , 2017|december 31 , 2016|
|receivables from customers|$ 19215|$ 10374|
|receivables from brokers dealers and clearing organizations|19169|18513|
|total brokerage receivables ( 1 )|$ 38384|$ 28887|
|payables to customers|$ 38741|$ 37237|
|payables to brokers dealers and clearing organizations|22601|19915|
|total brokerage payables ( 1 )|$ 61342|$ 57152|
payables to brokers , dealers and clearing organizations 22601 19915 total brokerage payables ( 1 ) $ 61342 $ 57152 ( 1 ) includes brokerage receivables and payables recorded by citi broker- dealer entities that are accounted for in accordance with the aicpa accounting guide for brokers and dealers in securities as codified in asc 940-320. .
Question: as of december 31 2017 what is the ratio of receivables from brokers dealers and clearing organizations to payables to brokers dealers and clearing organizations?
Answer:
|
0.84815
|
as of december 31 2017 what is the ratio of receivables from brokers dealers and clearing organizations to payables to brokers dealers and clearing organizations?
|
{
"options": {
"A": "0.84815",
"B": "0.75234",
"C": "1.23456",
"D": "0.93210"
},
"goldenKey": "A"
}
|
{
"A": "0.84815",
"B": "0.75234",
"C": "1.23456",
"D": "0.93210"
}
|
A
|
finqa1539
|
Please answer the given financial question based on the context.
Context: adjusted net income of $ 4.6 billion translated into adjusted earnings of $ 5.79 per diluted share , a best- ever performance . f0b7 freight revenues 2013 our freight revenues increased 7% ( 7 % ) year-over-year to $ 19.8 billion driven by volume growth of 2% ( 2 % ) , higher fuel surcharge revenue , and core pricing gains . growth in frac sand , coal , and intermodal shipments more than offset declines in grain , crude oil , finished vehicles , and rock shipments . f0b7 fuel prices 2013 our average price of diesel fuel in 2017 was $ 1.81 per gallon , an increase of 22% ( 22 % ) from 2016 , as both crude oil and conversion spreads between crude oil and diesel increased in 2017 . the higher price resulted in increased operating expenses of $ 334 million ( excluding any impact from year- over-year volume growth ) . gross-ton miles increased 5% ( 5 % ) , which also drove higher fuel expense . our fuel consumption rate , computed as gallons of fuel consumed divided by gross ton-miles in thousands , improved 2% ( 2 % ) . f0b7 free cash flow 2013 cash generated by operating activities totaled $ 7.2 billion , yielding free cash flow of $ 2.2 billion after reductions of $ 3.1 billion for cash used in investing activities and $ 2 billion in dividends , which included a 10% ( 10 % ) increase in our quarterly dividend per share from $ 0.605 to $ 0.665 declared and paid in the fourth quarter of 2017 . free cash flow is defined as cash provided by operating activities less cash used in investing activities and dividends paid . free cash flow is not considered a financial measure under gaap by sec regulation g and item 10 of sec regulation s-k and may not be defined and calculated by other companies in the same manner . we believe free cash flow is important to management and investors in evaluating our financial performance and measures our ability to generate cash without additional external financings . free cash flow should be considered in addition to , rather than as a substitute for , cash provided by operating activities . the following table reconciles cash provided by operating activities ( gaap measure ) to free cash flow ( non-gaap measure ) : .
|millions|2017|2016|2015|
|cash provided by operating activities|$ 7230|$ 7525|$ 7344|
|cash used in investing activities|-3086 ( 3086 )|-3393 ( 3393 )|-4476 ( 4476 )|
|dividends paid|-1982 ( 1982 )|-1879 ( 1879 )|-2344 ( 2344 )|
|free cash flow|$ 2162|$ 2253|$ 524|
2018 outlook f0b7 safety 2013 operating a safe railroad benefits all our constituents : our employees , customers , shareholders and the communities we serve . we will continue using a multi-faceted approach to safety , utilizing technology , risk assessment , training and employee engagement , quality control , and targeted capital investments . we will continue using and expanding the deployment of total safety culture and courage to care throughout our operations , which allows us to identify and implement best practices for employee and operational safety . we will continue our efforts to increase detection of rail defects ; improve or close crossings ; and educate the public and law enforcement agencies about crossing safety through a combination of our own programs ( including risk assessment strategies ) , industry programs and local community activities across our network . f0b7 network operations 2013 in 2018 , we will continue to align resources with customer demand , maintain an efficient network , and ensure surge capability of our assets . f0b7 fuel prices 2013 fuel price projections for crude oil and natural gas continue to fluctuate in the current environment . we again could see volatile fuel prices during the year , as they are sensitive to global and u.s . domestic demand , refining capacity , geopolitical events , weather conditions and other factors . as prices fluctuate , there will be a timing impact on earnings , as our fuel surcharge programs trail increases or decreases in fuel price by approximately two months . lower fuel prices could have a positive impact on the economy by increasing consumer discretionary spending that potentially could increase demand for various consumer products that we transport . alternatively , lower fuel prices could likely have a negative impact on other commodities such as coal and domestic drilling-related shipments. .
Question: in 2017 what was the ratio of the cash provided by operating activities to the free cash flow
Answer:
|
0.29903
|
in 2017 what was the ratio of the cash provided by operating activities to the free cash flow
|
{
"options": {
"A": "0.29903",
"B": "0.3125",
"C": "0.275",
"D": "0.325"
},
"goldenKey": "A"
}
|
{
"A": "0.29903",
"B": "0.3125",
"C": "0.275",
"D": "0.325"
}
|
A
|
finqa1540
|
Please answer the given financial question based on the context.
Context: management 2019s discussion and analysis of financial condition and results of operations 2013 ( continued ) ( amounts in millions , except per share amounts ) corporate and other expenses decreased slightly during 2012 by $ 4.7 to $ 137.3 compared to 2011 , primarily due to lower office and general expenses , partially offset by an increase in temporary help to support our information-technology system-upgrade initiatives . liquidity and capital resources cash flow overview the following tables summarize key financial data relating to our liquidity , capital resources and uses of capital. .
|cash flow data|years ended december 31 , 2013|years ended december 31 , 2012|years ended december 31 , 2011|
|net income adjusted to reconcile net income to net cashprovided by operating activities1|$ 598.4|$ 697.2|$ 735.7|
|net cash used in working capital b2|-9.6 ( 9.6 )|-293.2 ( 293.2 )|-359.4 ( 359.4 )|
|changes in other non-current assets and liabilities using cash|4.1|-46.8 ( 46.8 )|-102.8 ( 102.8 )|
|net cash provided by operating activities|$ 592.9|$ 357.2|$ 273.5|
|net cash used in investing activities|-224.5 ( 224.5 )|-210.2 ( 210.2 )|-58.8 ( 58.8 )|
|net cash ( used in ) provided by financing activities|-1212.3 ( 1212.3 )|131.3|-541.0 ( 541.0 )|
1 reflects net income adjusted primarily for depreciation and amortization of fixed assets and intangible assets , amortization of restricted stock and other non-cash compensation , non-cash loss related to early extinguishment of debt , and deferred income taxes . 2 reflects changes in accounts receivable , expenditures billable to clients , other current assets , accounts payable and accrued liabilities . operating activities net cash provided by operating activities during 2013 was $ 592.9 , which was an increase of $ 235.7 as compared to 2012 , primarily as a result of an improvement in working capital usage of $ 283.6 , offset by a decrease in net income . due to the seasonality of our business , we typically generate cash from working capital in the second half of a year and use cash from working capital in the first half of a year , with the largest impacts in the first and fourth quarters . the improvement in working capital in 2013 was impacted by our media businesses and an ongoing focus on working capital management at our agencies . net cash provided by operating activities during 2012 was $ 357.2 , which was an increase of $ 83.7 as compared to 2011 , primarily as a result of a decrease in working capital usage of $ 66.2 . the net working capital usage in 2012 was primarily impacted by our media businesses . the timing of media buying on behalf of our clients affects our working capital and operating cash flow . in most of our businesses , our agencies enter into commitments to pay production and media costs on behalf of clients . to the extent possible we pay production and media charges after we have received funds from our clients . the amounts involved substantially exceed our revenues , and primarily affect the level of accounts receivable , expenditures billable to clients , accounts payable and accrued liabilities . our assets include both cash received and accounts receivable from clients for these pass-through arrangements , while our liabilities include amounts owed on behalf of clients to media and production suppliers . our accrued liabilities are also affected by the timing of certain other payments . for example , while annual cash incentive awards are accrued throughout the year , they are generally paid during the first quarter of the subsequent year . investing activities net cash used in investing activities during 2013 primarily relates to payments for capital expenditures and acquisitions . capital expenditures of $ 173.0 relate primarily to computer hardware and software and leasehold improvements . we made payments of $ 61.5 related to acquisitions completed during 2013. .
Question: what is the net change in cash in 2013?
Answer:
|
-843.9
|
what is the net change in cash in 2013?
|
{
"options": {
"A": "-224.5",
"B": "-210.2",
"C": "-58.8",
"D": "-843.9"
},
"goldenKey": "D"
}
|
{
"A": "-224.5",
"B": "-210.2",
"C": "-58.8",
"D": "-843.9"
}
|
D
|
finqa1541
|
Please answer the given financial question based on the context.
Context: off-balance-sheet arrangements we have a number of off-balance-sheet investments , including joint ven- tures and debt and preferred equity investments . these investments all have varying ownership structures . substantially all of our joint venture arrangements are accounted for under the equity method of accounting as we have the ability to exercise significant influence , but not control over the operating and financial decisions of these joint venture arrange- ments . our off-balance-sheet arrangements are discussed in note a0 5 , 201cdebt and preferred equity investments 201d and note a0 6 , 201cinvestments in unconsolidated joint ventures 201d in the accompanying consolidated finan- cial statements . additional information about the debt of our unconsoli- dated joint ventures is included in 201ccontractual obligations 201d below . capital expenditures we estimate that , for the year ending december a031 , 2011 , we will incur approximately $ 120.5 a0 million of capital expenditures , which are net of loan reserves ( including tenant improvements and leasing commis- sions ) , on existing wholly-owned properties , and that our share of capital expenditures at our joint venture properties , net of loan reserves , will be approximately $ 23.4 a0million . we expect to fund these capital expen- ditures with operating cash flow , additional property level mortgage financings and cash on hand . future property acquisitions may require substantial capital investments for refurbishment and leasing costs . we expect that these financing requirements will be met in a similar fashion . we believe that we will have sufficient resources to satisfy our capital needs during the next 12-month period . thereafter , we expect our capital needs will be met through a combination of cash on hand , net cash provided by operations , borrowings , potential asset sales or addi- tional equity or debt issuances . above provides that , except to enable us to continue to qualify as a reit for federal income tax purposes , we will not during any four consecu- tive fiscal quarters make distributions with respect to common stock or other equity interests in an aggregate amount in excess of 95% ( 95 % ) of funds from operations for such period , subject to certain other adjustments . as of december a0 31 , 2010 and 2009 , we were in compliance with all such covenants . market rate risk we are exposed to changes in interest rates primarily from our floating rate borrowing arrangements . we use interest rate derivative instruments to manage exposure to interest rate changes . a hypothetical 100 basis point increase in interest rates along the entire interest rate curve for 2010 and 2009 , would increase our annual interest cost by approximately $ 11.0 a0mil- lion and $ 15.2 a0million and would increase our share of joint venture annual interest cost by approximately $ 6.7 a0million and $ 6.4 a0million , respectively . we recognize all derivatives on the balance sheet at fair value . derivatives that are not hedges must be adjusted to fair value through income . if a derivative is a hedge , depending on the nature of the hedge , changes in the fair value of the derivative will either be offset against the change in fair value of the hedged asset , liability , or firm commitment through earnings , or recognized in other comprehensive income until the hedged item is recognized in earnings . the ineffective portion of a deriva- tive 2019s change in fair value is recognized immediately in earnings . approximately $ 4.1 a0billion of our long-term debt bore interest at fixed rates , and therefore the fair value of these instruments is affected by changes in the market interest rates . the interest rate on our variable rate debt and joint venture debt as of december a031 , 2010 ranged from libor plus 75 basis points to libor plus 400 basis points . contractual obligations combined aggregate principal maturities of mortgages and other loans payable , our 2007 unsecured revolving credit facility , senior unsecured notes ( net of discount ) , trust preferred securities , our share of joint venture debt , including as-of-right extension options , estimated interest expense ( based on weighted average interest rates for the quarter ) , and our obligations under our capital and ground leases , as of december a031 , 2010 , are as follows ( in thousands ) : .
||2011|2012|2013|2014|2015|thereafter|total|
|property mortgages|$ 246615|$ 143646|$ 656863|$ 208025|$ 260433|$ 1884885|$ 3400467|
|revolving credit facility|2014|650000|2014|2014|2014|2014|650000|
|trust preferred securities|2014|2014|2014|2014|2014|100000|100000|
|senior unsecured notes|84823|123171|2014|98578|657|793316|1100545|
|capital lease|1555|1555|1555|1555|1593|44056|51869|
|ground leases|28929|28179|28179|28179|28179|552421|694066|
|estimated interest expense|265242|245545|221161|197128|177565|355143|1461784|
|joint venture debt|207738|61491|41415|339184|96786|857305|1603919|
|total|$ 834902|$ 1253587|$ 949173|$ 872649|$ 565213|$ 4587126|$ 9062650|
48 sl green realty corp . 2010 annual report management 2019s discussion and analysis of financial condition and results of operations .
Question: what percentage of 2013 obligations was the 2013 capital lease obligation
Answer:
|
0.00164
|
what percentage of 2013 obligations was the 2013 capital lease obligation
|
{
"options": {
"A": "0.00164%",
"B": "0.0164%",
"C": "0.164%",
"D": "1.64%"
},
"goldenKey": "A"
}
|
{
"A": "0.00164%",
"B": "0.0164%",
"C": "0.164%",
"D": "1.64%"
}
|
A
|
finqa1545
|
Please answer the given financial question based on the context.
Context: dividends for a summary of the cash dividends paid on citi 2019s outstanding common stock during 2009 and 2010 , see note 33 to the consolidated financial statements . for so long as the u.s . government holds any citigroup trust preferred securities acquired pursuant to the exchange offers consummated in 2009 , citigroup has agreed not to pay a quarterly common stock dividend exceeding $ 0.01 per quarter , subject to certain customary exceptions . further , any dividend on citi 2019s outstanding common stock would need to be made in compliance with citi 2019s obligations to any remaining outstanding citigroup preferred stock . performance graph comparison of five-year cumulative total return the following graph and table compare the cumulative total return on citigroup 2019s common stock with the cumulative total return of the s&p 500 index and the s&p financial index over the five-year period extending through december 31 , 2010 . the graph and table assume that $ 100 was invested on december 31 , 2005 in citigroup 2019s common stock , the s&p 500 index and the s&p financial index and that all dividends were reinvested . citigroup s&p 500 index s&p financial index comparison of five-year cumulative total return for the years ended 2006 2007 2008 2009 2010 .
|december 31,|citigroup|s&p 500 index|s&p financial index|
|2006|119.55|115.79|119.19|
|2007|66.10|122.15|96.98|
|2008|15.88|76.96|43.34|
|2009|7.85|97.33|50.80|
|2010|11.22|111.99|56.96|
.
Question: what was the percentage cumulative total return for cititgroup's common stock for the five year period ending 2010?
Answer:
|
-0.8878
|
what was the percentage cumulative total return for cititgroup's common stock for the five year period ending 2010?
|
{
"options": {
"A": "-0.8878%",
"B": "0.8878%",
"C": "-88.78%",
"D": "88.78%"
},
"goldenKey": "A"
}
|
{
"A": "-0.8878%",
"B": "0.8878%",
"C": "-88.78%",
"D": "88.78%"
}
|
A
|
finqa1546
|
Please answer the given financial question based on the context.
Context: citigroup 2019s repurchases are primarily from government sponsored entities . the specific representations and warranties made by the company depend on the nature of the transaction and the requirements of the buyer . market conditions and credit-ratings agency requirements may also affect representations and warranties and the other provisions the company may agree to in loan sales . in the event of a breach of the representations and warranties , the company may be required to either repurchase the mortgage loans ( generally at unpaid principal balance plus accrued interest ) with the identified defects or indemnify ( 201cmake-whole 201d ) the investor or insurer . the company has recorded a repurchase reserve that is included in other liabilities in the consolidated balance sheet . in the case of a repurchase , the company will bear any subsequent credit loss on the mortgage loans . the company 2019s representations and warranties are generally not subject to stated limits in amount or time of coverage . however , contractual liability arises only when the representations and warranties are breached and generally only when a loss results from the breach . in the case of a repurchase , the loan is typically considered a credit- impaired loan and accounted for under sop 03-3 , 201caccounting for certain loans and debt securities , acquired in a transfer 201d ( now incorporated into asc 310-30 , receivables 2014loans and debt securities acquired with deteriorated credit quality ) . these repurchases have not had a material impact on nonperforming loan statistics , because credit-impaired purchased sop 03-3 loans are not included in nonaccrual loans . the company estimates its exposure to losses from its obligation to repurchase previously sold loans based on the probability of repurchase or make-whole and an estimated loss given repurchase or make-whole . this estimate is calculated separately by sales vintage ( i.e. , the year the loans were sold ) based on a combination of historical trends and forecasted repurchases and losses considering the : ( 1 ) trends in requests by investors for loan documentation packages to be reviewed ; ( 2 ) trends in recent repurchases and make-wholes ; ( 3 ) historical percentage of claims made as a percentage of loan documentation package requests ; ( 4 ) success rate in appealing claims ; ( 5 ) inventory of unresolved claims ; and ( 6 ) estimated loss given repurchase or make-whole , including the loss of principal , accrued interest , and foreclosure costs . the company does not change its estimation methodology by counterparty , but the historical experience and trends are considered when evaluating the overall reserve . the request for loan documentation packages is an early indicator of a potential claim . during 2009 , loan documentation package requests and the level of outstanding claims increased . in addition , our loss severity estimates increased during 2009 due to the impact of macroeconomic factors and recent experience . these factors contributed to a $ 493 million change in estimate for this reserve in 2009 . as indicated above , the repurchase reserve is calculated by sales vintage . the majority of the repurchases in 2009 were from the 2006 and 2007 sales vintages , which also represent the vintages with the largest loss- given-repurchase . an insignificant percentage of 2009 repurchases were from vintages prior to 2006 , and this is expected to decrease , because those vintages are later in the credit cycle . although early in the credit cycle , the company has experienced improved repurchase and loss-given-repurchase statistics from the 2008 and 2009 vintages . in the case of a repurchase of a credit-impaired sop 03-3 loan ( now incorporated into asc 310-30 ) , the difference between the loan 2019s fair value and unpaid principal balance at the time of the repurchase is recorded as a utilization of the repurchase reserve . payments to make the investor whole are also treated as utilizations and charged directly against the reserve . the provision for estimated probable losses arising from loan sales is recorded as an adjustment to the gain on sale , which is included in other revenue in the consolidated statement of income . a liability for representations and warranties is estimated when the company sells loans and is updated quarterly . any subsequent adjustment to the provision is recorded in other revenue in the consolidated statement of income . the activity in the repurchase reserve for the years ended december 31 , 2009 and 2008 is as follows: .
|in millions of dollars|2009|2008|
|balance beginning of the year|$ 75|$ 2|
|additions for new sales|33|23|
|change in estimate|493|59|
|utilizations|-119 ( 119 )|-9 ( 9 )|
|balance end of the year|$ 482|$ 75|
goodwill goodwill represents an acquired company 2019s acquisition cost over the fair value of net tangible and intangible assets acquired . goodwill is subject to annual impairment tests , whereby goodwill is allocated to the company 2019s reporting units and an impairment is deemed to exist if the carrying value of a reporting unit exceeds its estimated fair value . furthermore , on any business dispositions , goodwill is allocated to the business disposed of based on the ratio of the fair value of the business disposed of to the fair value of the reporting unit . intangible assets intangible assets 2014including core deposit intangibles , present value of future profits , purchased credit card relationships , other customer relationships , and other intangible assets , but excluding msrs 2014are amortized over their estimated useful lives . intangible assets deemed to have indefinite useful lives , primarily certain asset management contracts and trade names , are not amortized and are subject to annual impairment tests . an impairment exists if the carrying value of the indefinite-lived intangible asset exceeds its fair value . for other intangible assets subject to amortization , an impairment is recognized if the carrying amount is not recoverable and exceeds the fair value of the intangible asset . other assets and other liabilities other assets include , among other items , loans held-for-sale , deferred tax assets , equity-method investments , interest and fees receivable , premises and equipment , end-user derivatives in a net receivable position , repossessed assets , and other receivables. .
Question: what was the percent of the increase the additions for new sales of the repurchase reserve from 2008 to 2009
Answer:
|
0.43478
|
what was the percent of the increase the additions for new sales of the repurchase reserve from 2008 to 2009
|
{
"options": {
"A": "0.04348",
"B": "0.21739",
"C": "0.43478",
"D": "0.86957"
},
"goldenKey": "C"
}
|
{
"A": "0.04348",
"B": "0.21739",
"C": "0.43478",
"D": "0.86957"
}
|
C
|
finqa1547
|
Please answer the given financial question based on the context.
Context: marathon oil corporation notes to consolidated financial statements 7 . dispositions outside-operated norwegian properties 2013 on october 31 , 2008 , we closed the sale of our norwegian outside-operated properties and undeveloped offshore acreage in the heimdal area of the norwegian north sea for net proceeds of $ 301 million , with a pretax gain of $ 254 million as of december 31 , 2008 . pilot travel centers 2013 on october 8 , 2008 , we completed the sale of our 50 percent ownership interest in ptc . sale proceeds were $ 625 million , with a pretax gain on the sale of $ 126 million . immediately preceding the sale , we received a $ 75 million partial redemption of our ownership interest from ptc that was accounted for as a return of investment . operated irish properties 2013 on december 17 , 2008 , we agreed to sell our operated properties located in ireland for proceeds of $ 180 million , before post-closing adjustments and cash on hand at closing . closing is subject to completion of the necessary administrative processes . as of december 31 , 2008 , operating assets and liabilities were classified as held for sale , as disclosed by major class in the following table : ( in millions ) 2008 .
|( in millions )|2008|
|current assets|$ 164|
|noncurrent assets|103|
|total assets|267|
|current liabilities|62|
|noncurrent liabilities|199|
|total liabilities|261|
|net assets held for sale|$ 6|
8 . discontinued operations on june 2 , 2006 , we sold our russian oil exploration and production businesses in the khanty-mansiysk region of western siberia . under the terms of the agreement , we received $ 787 million for these businesses , plus preliminary working capital and other closing adjustments of $ 56 million , for a total transaction value of $ 843 million . proceeds net of transaction costs and cash held by the russian businesses at the transaction date totaled $ 832 million . a gain on the sale of $ 243 million ( $ 342 million before income taxes ) was reported in discontinued operations for 2006 . income taxes on this gain were reduced by the utilization of a capital loss carryforward . exploration and production segment goodwill of $ 21 million was allocated to the russian assets and reduced the reported gain . adjustments to the sales price were completed in 2007 and an additional gain on the sale of $ 8 million ( $ 13 million before income taxes ) was recognized . the activities of the russian businesses have been reported as discontinued operations in the consolidated statements of income and the consolidated statements of cash flows for 2006 . revenues applicable to discontinued operations were $ 173 million and pretax income from discontinued operations was $ 45 million for 2006. .
Question: for the russian businesses transaction , what was the tax effect of the gain on the sale of $ 243 million reported in discontinued operations for 2006?
Answer:
|
99.0
|
for the russian businesses transaction , what was the tax effect of the gain on the sale of $ 243 million reported in discontinued operations for 2006?
|
{
"options": {
"A": "No tax effect",
"B": "Tax expense of $99 million",
"C": "Tax benefit of $99 million",
"D": "Tax expense of $243 million"
},
"goldenKey": "B"
}
|
{
"A": "No tax effect",
"B": "Tax expense of $99 million",
"C": "Tax benefit of $99 million",
"D": "Tax expense of $243 million"
}
|
B
|
finqa1548
|
Please answer the given financial question based on the context.
Context: consumer foods net sales increased $ 303 million , or 5% ( 5 % ) , for the year to $ 6.8 billion . results reflect an increase of three percentage points from improved net pricing and product mix and two percentage points of improvement from higher volumes . net pricing and volume improvements were achieved in many of the company 2019s priority investment and enabler brands . the impact of product recalls partially offset these improvements . the company implemented significant price increases for many consumer foods products during the fourth quarter of fiscal 2008 . continued net sales improvements are expected into fiscal 2009 when the company expects to receive the benefit of these pricing actions for full fiscal periods . sales of some of the company 2019s most significant brands , including chef boyardee ae , david ae , egg beaters ae , healthy choice ae , hebrew national ae , hunt 2019s ae , marie callender 2019s ae , manwich ae , orville redenbacher 2019s ae , pam ae , ro*tel ae , rosarita ae , snack pack ae , swiss miss ae , wesson ae , and wolf ae grew in fiscal 2008 . sales of act ii ae , andy capp ae , banquet ae , crunch 2018n munch ae , kid cuisine ae , parkay ae , pemmican ae , reddi-wip ae , and slim jim ae declined in fiscal 2008 . net sales in the consumer foods segment are not comparable across periods due to a variety of factors . the company initiated a peanut butter recall in the third quarter of fiscal 2007 and reintroduced peter pan ae peanut butter products in august 2007 . sales of all peanut butter products , including both branded and private label , in fiscal 2008 were $ 14 million lower than comparable amounts in fiscal 2007 . consumer foods net sales were also adversely impacted by the recall of banquet ae and private label pot pies in the second quarter of fiscal 2008 . net sales of pot pies were lower by approximately $ 22 million in fiscal 2008 , relative to fiscal 2007 , primarily due to product returns and lost sales of banquet ae and private label pot pies . sales from alexia foods and lincoln snacks , businesses acquired in fiscal 2008 , totaled $ 66 million in fiscal 2008 . the company divested a refrigerated pizza business during the first half of fiscal 2007 . sales from this business were $ 17 million in fiscal food and ingredients net sales were $ 4.1 billion in fiscal 2008 , an increase of $ 706 million , or 21% ( 21 % ) . increased sales are reflective of higher sales prices in the company 2019s milling operations due to higher grain prices , and price and volume increases in the company 2019s potato and dehydrated vegetable operations . the fiscal 2007 divestiture of an oat milling operation resulted in a reduction of sales of $ 27 million for fiscal 2008 , partially offset by increased sales of $ 18 million from the acquisition of watts brothers in february 2008 . international foods net sales increased $ 65 million to $ 678 million . the strengthening of foreign currencies relative to the u.s . dollar accounted for approximately $ 36 million of this increase . the segment achieved a 5% ( 5 % ) increase in sales volume in fiscal 2008 , primarily reflecting increased unit sales in canada and mexico , and modest increases in net pricing . gross profit ( net sales less cost of goods sold ) ( $ in millions ) reporting segment fiscal 2008 gross profit fiscal 2007 gross profit % ( % ) increase/ ( decrease ) .
|reporting segment|fiscal 2008 gross profit|fiscal 2007 gross profit|% ( % ) increase/ ( decrease )|
|consumer foods|$ 1802|$ 1923|( 6 ) % ( % )|
|food and ingredients|724|590|23% ( 23 % )|
|international foods|190|180|6% ( 6 % )|
|total|$ 2716|$ 2693|1% ( 1 % )|
the company 2019s gross profit for fiscal 2008 was $ 2.7 billion , an increase of $ 23 million , or 1% ( 1 % ) , over the prior year . the increase in gross profit was largely driven by results in the food and ingredients segment , reflecting higher margins in the company 2019s milling and specialty potato operations , largely offset by reduced gross profits in the consumer foods segment . costs of implementing the company 2019s restructuring plans reduced gross profit by $ 4 million and $ 46 million in fiscal 2008 and fiscal 2007 , respectively. .
Question: what percent of total gross profit in fiscal 2008 was contributed by consumer foods?
Answer:
|
0.66348
|
what percent of total gross profit in fiscal 2008 was contributed by consumer foods?
|
{
"options": {
"A": "6%",
"B": "23%",
"C": "1%",
"D": "0.66348%"
},
"goldenKey": "D"
}
|
{
"A": "6%",
"B": "23%",
"C": "1%",
"D": "0.66348%"
}
|
D
|
finqa1549
|
Please answer the given financial question based on the context.
Context: sources and uses of cash ( in millions ) in summary , our cash flows for each period were as follows : years ended ( in millions ) dec 29 , dec 30 , dec 31 .
|years ended ( in millions )|dec 292018|dec 302017|dec 312016|
|net cash provided by operating activities|$ 29432|$ 22110|$ 21808|
|net cash used for investing activities|-11239 ( 11239 )|-15762 ( 15762 )|-25817 ( 25817 )|
|net cash provided by ( used for ) financing activities|-18607 ( 18607 )|-8475 ( 8475 )|-5739 ( 5739 )|
|net increase ( decrease ) in cash and cash equivalents|$ -414 ( 414 )|$ -2127 ( 2127 )|$ -9748 ( 9748 )|
md&a consolidated results and analysis 40 .
Question: as of december 292017 what was the percent of the net cash used for investing activities to the net cash provided by operating activities
Answer:
|
0.38186
|
as of december 292017 what was the percent of the net cash used for investing activities to the net cash provided by operating activities
|
{
"options": {
"A": "0.38186",
"B": "0.47814",
"C": "0.54321",
"D": "0.61987"
},
"goldenKey": "A"
}
|
{
"A": "0.38186",
"B": "0.47814",
"C": "0.54321",
"D": "0.61987"
}
|
A
|
finqa1550
|
Please answer the given financial question based on the context.
Context: stock performance graph : the graph below shows the cumulative total shareholder return assuming the investment of $ 100 , on december 31 , 2013 , and the reinvestment of dividends thereafter , if any , in the company 2019s common stock versus the standard and poor 2019s s&p 500 retail index ( 201cs&p 500 retail index 201d ) and the standard and poor 2019s s&p 500 index ( 201cs&p 500 201d ) . .
|company/index|december 31 , 2013|december 31 , 2014|december 31 , 2015|december 31 , 2016|december 31 , 2017|december 31 , 2018|
|o 2019reilly automotive inc .|$ 100|$ 150|$ 197|$ 216|$ 187|$ 268|
|s&p 500 retail index|100|110|137|143|184|208|
|s&p 500|$ 100|$ 111|$ 111|$ 121|$ 145|$ 136|
.
Question: did the five year return on o 2019reilly automotive inc . outperform the s&p 500 retail index?
Answer:
|
yes
|
did the five year return on o 2019reilly automotive inc . outperform the s&p 500 retail index?
|
{
"options": {
"A": "Yes",
"B": "No",
"C": "Cannot be determined",
"D": "Not enough information"
},
"goldenKey": "A"
}
|
{
"A": "Yes",
"B": "No",
"C": "Cannot be determined",
"D": "Not enough information"
}
|
A
|
finqa1551
|
Please answer the given financial question based on the context.
Context: the aeronautics segment generally includes fewer programs that have much larger sales and operating results than programs included in the other segments . due to the large number of comparatively smaller programs in the remaining segments , the discussion of the results of operations of those business segments focuses on lines of business within the segment rather than on specific programs . the following tables of financial information and related discussion of the results of operations of our business segments are consistent with the presentation of segment information in note 5 to the financial statements . we have a number of programs that are classified by the u.s . government and cannot be specifically described . the operating results of these classified programs are included in our consolidated and business segment results , and are subjected to the same oversight and internal controls as our other programs . aeronautics our aeronautics business segment is engaged in the research , design , development , manufacture , integration , sustainment , support , and upgrade of advanced military aircraft , including combat and air mobility aircraft , unmanned air vehicles , and related technologies . key combat aircraft programs include the f-35 lightning ii , f-16 fighting falcon , and f-22 raptor fighter aircraft . key air mobility programs include the c-130j super hercules and the c-5m super galaxy . aeronautics provides logistics support , sustainment , and upgrade modification services for its aircraft . aeronautics 2019 operating results included the following : ( in millions ) 2010 2009 2008 .
|( in millions )|2010|2009|2008|
|net sales|$ 13235|$ 12201|$ 11473|
|operating profit|1502|1577|1433|
|operating margin|11.3% ( 11.3 % )|12.9% ( 12.9 % )|12.5% ( 12.5 % )|
|backlog at year-end|27500|26700|27200|
net sales for aeronautics increased by 8% ( 8 % ) in 2010 compared to 2009 . sales increased in all three lines of business during the year . the $ 800 million increase in air mobility primarily was attributable to higher volume on c-130 programs , including deliveries and support activities , as well as higher volume on the c-5 reliability enhancement and re-engining program ( rerp ) . there were 25 c-130j deliveries in 2010 compared to 16 in 2009 . the $ 179 million increase in combat aircraft principally was due to higher volume on f-35 production contracts , which partially was offset by lower volume on the f-35 sdd contract and a decline in volume on f-16 , f-22 and other combat aircraft programs . there were 20 f-16 deliveries in 2010 compared to 31 in 2009 . the $ 55 million increase in other aeronautics programs mainly was due to higher volume on p-3 and advanced development programs , which partially were offset by a decline in volume on sustainment activities . net sales for aeronautics increased by 6% ( 6 % ) in 2009 compared to 2008 . during the year , sales increased in all three lines of business . the increase of $ 296 million in air mobility 2019s sales primarily was attributable to higher volume on the c-130 programs , including deliveries and support activities . there were 16 c-130j deliveries in 2009 and 12 in 2008 . combat aircraft sales increased $ 316 million principally due to higher volume on the f-35 program and increases in f-16 deliveries , which partially were offset by lower volume on f-22 and other combat aircraft programs . there were 31 f-16 deliveries in 2009 compared to 28 in 2008 . the $ 116 million increase in other aeronautics programs mainly was due to higher volume on p-3 programs and advanced development programs , which partially were offset by declines in sustainment activities . operating profit for the segment decreased by 5% ( 5 % ) in 2010 compared to 2009 . a decline in operating profit in combat aircraft partially was offset by increases in other aeronautics programs and air mobility . the $ 149 million decrease in combat aircraft 2019s operating profit primarily was due to lower volume and a decrease in the level of favorable performance adjustments on the f-22 program , the f-35 sdd contract and f-16 and other combat aircraft programs in 2010 . these decreases more than offset increased operating profit resulting from higher volume and improved performance on f-35 production contracts in 2010 . the $ 35 million increase in other aeronautics programs mainly was attributable to higher volume and improved performance on p-3 and advanced development programs as well as an increase in the level of favorable performance adjustments on sustainment activities in 2010 . the $ 19 million increase in air mobility operating profit primarily was due to higher volume and improved performance in 2010 on c-130j support activities , which more than offset a decrease in operating profit due to a lower level of favorable performance adjustments on c-130j deliveries in 2010 . the remaining change in operating profit is attributable to an increase in other income , net between the comparable periods . aeronautics 2019 2010 operating margins have decreased when compared to 2009 . the operating margin decrease reflects the life cycles of our significant programs . specifically , aeronautics is performing more development and initial production work on the f-35 program and is performing less work on more mature programs such as the f-22 and f-16 . development and initial production contracts yield lower profits than mature full rate programs . accordingly , while net sales increased in 2010 relative to 2009 , operating profit decreased and consequently operating margins have declined. .
Question: what are the total operating expenses for aeronautics in 2010?
Answer:
|
11733.0
|
what are the total operating expenses for aeronautics in 2010?
|
{
"options": {
"A": "13235.0",
"B": "12201.0",
"C": "11473.0",
"D": "11733.0"
},
"goldenKey": "D"
}
|
{
"A": "13235.0",
"B": "12201.0",
"C": "11473.0",
"D": "11733.0"
}
|
D
|
finqa1552
|
Please answer the given financial question based on the context.
Context: a valuation allowance has been established for certain deferred tax assets related to the impairment of investments . accounting for uncertainty in income taxes during fiscal 2011 and 2010 , our aggregate changes in our total gross amount of unrecognized tax benefits are summarized as follows ( in thousands ) : beginning balance gross increases in unrecognized tax benefits 2013 prior year tax positions gross decreases in unrecognized tax benefits 2013 prior year tax positions gross increases in unrecognized tax benefits 2013 current year tax positions settlements with taxing authorities lapse of statute of limitations foreign exchange gains and losses ending balance $ 156925 11901 ( 4154 ) 32420 ( 29101 ) ( 3825 ) $ 163607 $ 218040 ( 7104 ) 15108 ( 70484 ) ( 7896 ) $ 156925 as of december 2 , 2011 , the combined amount of accrued interest and penalties related to tax positions taken on our tax returns and included in non-current income taxes payable was approximately $ 12.3 million . we file income tax returns in the u.s . 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 the u.s. , ireland and california . for california , ireland and the u.s. , the earliest fiscal years open for examination are 2005 , 2006 and 2008 , 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 the current examination . 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 . in august 2011 , a canadian income tax examination covering our fiscal years 2005 through 2008 was completed . our accrued tax and interest related to these years was approximately $ 35 million and was previously reported in long-term income taxes payable . we reclassified approximately $ 17 million to short-term income taxes payable and decreased deferred tax assets by approximately $ 18 million in conjunction with the aforementioned resolution . the $ 17 million balance in short-term income taxes payable is partially secured by a letter of credit and is expected to be paid by the first quarter of fiscal 2012 . in october 2010 , a u.s . income tax examination covering our fiscal years 2005 through 2007 was completed . our accrued tax and interest related to these years was $ 59 million and was previously reported in long-term income taxes payable . we paid $ 20 million in conjunction with the aforementioned resolution . a net income statement tax benefit in the fourth quarter of fiscal 2010 of $ 39 million resulted . 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 sheet classification of current and non-current assets and liabilities . the company believes that before the end of fiscal 2012 , 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 decreases in underlying unrecognized tax benefits ranging from $ 0 to approximately $ 40 million . these amounts would decrease income tax expense under current gaap related to income taxes . note 11 . restructuring fiscal 2011 restructuring plan in the fourth quarter of fiscal 2011 , in order to better align our resources around our digital media and digital marketing strategies , we initiated a restructuring plan consisting of reductions of approximately 700 full-time positions worldwide and we recorded restructuring charges of approximately $ 78.6 million related to ongoing termination benefits for the position eliminated . table of contents adobe systems incorporated notes to consolidated financial statements ( continued ) .
||2011|2010|
|beginning balance|$ 156925|$ 218040|
|gross increases in unrecognized tax benefits 2013 prior year tax positions|11901|9580|
|gross decreases in unrecognized tax benefits 2013 prior year tax positions|-4154 ( 4154 )|-7104 ( 7104 )|
|gross increases in unrecognized tax benefits 2013 current year tax positions|32420|15108|
|settlements with taxing authorities|-29101 ( 29101 )|-70484 ( 70484 )|
|lapse of statute of limitations|-3825 ( 3825 )|-7896 ( 7896 )|
|foreign exchange gains and losses|-559 ( 559 )|-319 ( 319 )|
|ending balance|$ 163607|$ 156925|
a valuation allowance has been established for certain deferred tax assets related to the impairment of investments . accounting for uncertainty in income taxes during fiscal 2011 and 2010 , our aggregate changes in our total gross amount of unrecognized tax benefits are summarized as follows ( in thousands ) : beginning balance gross increases in unrecognized tax benefits 2013 prior year tax positions gross decreases in unrecognized tax benefits 2013 prior year tax positions gross increases in unrecognized tax benefits 2013 current year tax positions settlements with taxing authorities lapse of statute of limitations foreign exchange gains and losses ending balance $ 156925 11901 ( 4154 ) 32420 ( 29101 ) ( 3825 ) $ 163607 $ 218040 ( 7104 ) 15108 ( 70484 ) ( 7896 ) $ 156925 as of december 2 , 2011 , the combined amount of accrued interest and penalties related to tax positions taken on our tax returns and included in non-current income taxes payable was approximately $ 12.3 million . we file income tax returns in the u.s . 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 the u.s. , ireland and california . for california , ireland and the u.s. , the earliest fiscal years open for examination are 2005 , 2006 and 2008 , 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 the current examination . 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 . in august 2011 , a canadian income tax examination covering our fiscal years 2005 through 2008 was completed . our accrued tax and interest related to these years was approximately $ 35 million and was previously reported in long-term income taxes payable . we reclassified approximately $ 17 million to short-term income taxes payable and decreased deferred tax assets by approximately $ 18 million in conjunction with the aforementioned resolution . the $ 17 million balance in short-term income taxes payable is partially secured by a letter of credit and is expected to be paid by the first quarter of fiscal 2012 . in october 2010 , a u.s . income tax examination covering our fiscal years 2005 through 2007 was completed . our accrued tax and interest related to these years was $ 59 million and was previously reported in long-term income taxes payable . we paid $ 20 million in conjunction with the aforementioned resolution . a net income statement tax benefit in the fourth quarter of fiscal 2010 of $ 39 million resulted . 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 sheet classification of current and non-current assets and liabilities . the company believes that before the end of fiscal 2012 , 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 decreases in underlying unrecognized tax benefits ranging from $ 0 to approximately $ 40 million . these amounts would decrease income tax expense under current gaap related to income taxes . note 11 . restructuring fiscal 2011 restructuring plan in the fourth quarter of fiscal 2011 , in order to better align our resources around our digital media and digital marketing strategies , we initiated a restructuring plan consisting of reductions of approximately 700 full-time positions worldwide and we recorded restructuring charges of approximately $ 78.6 million related to ongoing termination benefits for the position eliminated . table of contents adobe systems incorporated notes to consolidated financial statements ( continued ) .
Question: what is the growth rate in the balance of unrecognized tax benefits during 2010?
Answer:
|
-0.28029
|
what is the growth rate in the balance of unrecognized tax benefits during 2010?
|
{
"options": {
"A": "0.28029",
"B": "-0.28029",
"C": "0.11901",
"D": "-0.4154"
},
"goldenKey": "B"
}
|
{
"A": "0.28029",
"B": "-0.28029",
"C": "0.11901",
"D": "-0.4154"
}
|
B
|
finqa1553
|
Please answer the given financial question based on the context.
Context: apple inc . | 2016 form 10-k | 20 company stock performance the following graph shows a comparison of cumulative total shareholder return , calculated on a dividend reinvested basis , for the company , the s&p 500 index , the s&p information technology index and the dow jones u.s . technology supersector index for the five years ended september 24 , 2016 . the graph assumes $ 100 was invested in each of the company 2019s common stock , the s&p 500 index , the s&p information technology index and the dow jones u.s . technology supersector index as of the market close on september 23 , 2011 . note that historic stock price performance is not necessarily indicative of future stock price performance . * $ 100 invested on 9/23/11 in stock or index , including reinvestment of dividends . data points are the last day of each fiscal year for the company 2019s common stock and september 30th for indexes . copyright a9 2016 s&p , a division of mcgraw hill financial . all rights reserved . copyright a9 2016 dow jones & co . all rights reserved . september september september september september september .
||september2011|september2012|september2013|september2014|september2015|september2016|
|apple inc .|$ 100|$ 166|$ 123|$ 183|$ 212|$ 213|
|s&p 500 index|$ 100|$ 130|$ 155|$ 186|$ 185|$ 213|
|s&p information technology index|$ 100|$ 132|$ 142|$ 183|$ 187|$ 230|
|dow jones u.s . technology supersector index|$ 100|$ 130|$ 137|$ 178|$ 177|$ 217|
.
Question: what was the 1 year return of apple inc . from 2013 to 2014?
Answer:
|
0.4878
|
what was the 1 year return of apple inc . from 2013 to 2014?
|
{
"options": {
"A": "0.4878",
"B": "0.183",
"C": "0.212",
"D": "0.166"
},
"goldenKey": "A"
}
|
{
"A": "0.4878",
"B": "0.183",
"C": "0.212",
"D": "0.166"
}
|
A
|
finqa1554
|
Please answer the given financial question based on the context.
Context: financial data supplement ( unaudited ) 2014 ( continued ) .
|country|at december 31 2011 banks|at december 31 2011 governments|at december 31 2011 other|at december 31 2011 total|
|united kingdom|$ 13852|$ 2|$ 89585|$ 103439|
|cayman islands|766|2014|31169|31935|
|france|23561|1096|4196|28853|
|japan|23542|436|2821|26799|
|germany|18674|3485|1859|24018|
|netherlands|3508|23|8826|12357|
|luxembourg|1619|94|6137|7850|
|brazil|149|3398|2165|5712|
|australia|2008|557|1414|3979|
|italy|881|1463|539|2883|
.
Question: are the japan banks larger than the german government?
Answer:
|
yes
|
are the japan banks larger than the german government?
|
{
"options": {
"A": "Yes",
"B": "No",
"C": "Cannot be determined",
"D": "Not enough information"
},
"goldenKey": "A"
}
|
{
"A": "Yes",
"B": "No",
"C": "Cannot be determined",
"D": "Not enough information"
}
|
A
|
finqa1555
|
Please answer the given financial question based on the context.
Context: the goldman sachs group , inc . and subsidiaries notes to consolidated financial statements in connection with the firm 2019s prime brokerage and clearing businesses , the firm agrees to clear and settle on behalf of its clients the transactions entered into by them with other brokerage firms . the firm 2019s obligations in respect of such transactions are secured by the assets in the client 2019s account as well as any proceeds received from the transactions cleared and settled by the firm on behalf of the client . in connection with joint venture investments , the firm may issue loan guarantees under which it may be liable in the event of fraud , misappropriation , environmental liabilities and certain other matters involving the borrower . the firm is unable to develop an estimate of the maximum payout under these guarantees and indemnifications . however , management believes that it is unlikely the firm will have to make any material payments under these arrangements , and no material liabilities related to these guarantees and indemnifications have been recognized in the consolidated statements of financial condition as of december 2016 and december 2015 . other representations , warranties and indemnifications . the firm provides representations and warranties to counterparties in connection with a variety of commercial transactions and occasionally indemnifies them against potential losses caused by the breach of those representations and warranties . the firm may also provide indemnifications protecting against changes in or adverse application of certain u.s . tax laws in connection with ordinary-course transactions such as securities issuances , borrowings or derivatives . in addition , the firm may provide indemnifications to some counterparties to protect them in the event additional taxes are owed or payments are withheld , due either to a change in or an adverse application of certain non-u.s . tax laws . these indemnifications generally are standard contractual terms and are entered into in the ordinary course of business . generally , there are no stated or notional amounts included in these indemnifications , and the contingencies triggering the obligation to indemnify are not expected to occur . the firm is unable to develop an estimate of the maximum payout under these guarantees and indemnifications . however , management believes that it is unlikely the firm will have to make any material payments under these arrangements , and no material liabilities related to these arrangements have been recognized in the consolidated statements of financial condition as of december 2016 and december 2015 . guarantees of subsidiaries . group inc . fully and unconditionally guarantees the securities issued by gs finance corp. , a wholly-owned finance subsidiary of the group inc . has guaranteed the payment obligations of goldman , sachs & co . ( gs&co. ) and gs bank usa , subject to certain exceptions . in addition , group inc . guarantees many of the obligations of its other consolidated subsidiaries on a transaction-by- transaction basis , as negotiated with counterparties . group inc . is unable to develop an estimate of the maximum payout under its subsidiary guarantees ; however , because these guaranteed obligations are also obligations of consolidated subsidiaries , group inc . 2019s liabilities as guarantor are not separately disclosed . note 19 . shareholders 2019 equity common equity dividends declared per common share were $ 2.60 in 2016 , $ 2.55 in 2015 and $ 2.25 in 2014 . on january 17 , 2017 , group inc . declared a dividend of $ 0.65 per common share to be paid on march 30 , 2017 to common shareholders of record on march 2 , 2017 . the firm 2019s share repurchase program is intended to help maintain the appropriate level of common equity . the share repurchase program is effected primarily through regular open-market purchases ( which may include repurchase plans designed to comply with rule 10b5-1 ) , the amounts and timing of which are determined primarily by the firm 2019s current and projected capital position , but which may also be influenced by general market conditions and the prevailing price and trading volumes of the firm 2019s common stock . prior to repurchasing common stock , the firm must receive confirmation that the federal reserve board does not object to such capital actions . the table below presents the amount of common stock repurchased by the firm under the share repurchase program. .
|in millions except per share amounts|year ended december 2016|year ended december 2015|year ended december 2014|
|common share repurchases|36.6|22.1|31.8|
|average cost per share|$ 165.88|$ 189.41|$ 171.79|
|total cost of common share repurchases|$ 6069|$ 4195|$ 5469|
172 goldman sachs 2016 form 10-k .
Question: what was the difference in millions between the total cost of common shares repurchases from 2015 to 2016?
Answer:
|
1874.0
|
what was the difference in millions between the total cost of common shares repurchases from 2015 to 2016?
|
{
"options": {
"A": "1874.0",
"B": "1869.0",
"C": "1880.0",
"D": "1870.0"
},
"goldenKey": "A"
}
|
{
"A": "1874.0",
"B": "1869.0",
"C": "1880.0",
"D": "1870.0"
}
|
A
|
finqa1557
|
Please answer the given financial question based on the context.
Context: entergy corporation and subsidiaries management's financial discussion and analysis the expenses related to the voluntary severance program offered to employees . approximately 200 employees from the non-utility nuclear business and 150 employees in the utility business accepted the voluntary severance program offers . net revenue utility following is an analysis of the change in net revenue comparing 2008 to 2007 . amount ( in millions ) .
||amount ( in millions )|
|2007 net revenue|$ 4618|
|purchased power capacity|-25 ( 25 )|
|volume/weather|-14 ( 14 )|
|retail electric price|9|
|other|1|
|2008 net revenue|$ 4589|
the purchased power capacity variance is primarily due to higher capacity charges . a portion of the variance is due to the amortization of deferred capacity costs and is offset in base revenues due to base rate increases implemented to recover incremental deferred and ongoing purchased power capacity charges . the volume/weather variance is primarily due to the effect of less favorable weather compared to the same period in 2007 and decreased electricity usage primarily during the unbilled sales period . hurricane gustav and hurricane ike , which hit the utility's service territories in september 2008 , contributed an estimated $ 46 million to the decrease in electricity usage . industrial sales were also depressed by the continuing effects of the hurricanes and , especially in the latter part of the year , because of the overall decline of the economy , leading to lower usage in the latter part of the year affecting both the large customer industrial segment as well as small and mid-sized industrial customers . the decreases in electricity usage were partially offset by an increase in residential and commercial customer electricity usage that occurred during the periods of the year not affected by the hurricanes . the retail electric price variance is primarily due to : an increase in the attala power plant costs recovered through the power management rider by entergy mississippi . the net income effect of this recovery is limited to a portion representing an allowed return on equity with the remainder offset by attala power plant costs in other operation and maintenance expenses , depreciation expenses , and taxes other than income taxes ; a storm damage rider that became effective in october 2007 at entergy mississippi ; and an energy efficiency rider that became effective in november 2007 at entergy arkansas . the establishment of the storm damage rider and the energy efficiency rider results in an increase in rider revenue and a corresponding increase in other operation and maintenance expense with no impact on net income . the retail electric price variance was partially offset by : the absence of interim storm recoveries through the formula rate plans at entergy louisiana and entergy gulf states louisiana which ceased upon the act 55 financing of storm costs in the third quarter 2008 ; and a credit passed on to customers as a result of the act 55 storm cost financings . refer to "liquidity and capital resources - hurricane katrina and hurricane rita" below and note 2 to the financial statements for a discussion of the interim recovery of storm costs and the act 55 storm cost financings. .
Question: how much lower was net revenue in 2008 than 2007 ? ( in million $ )
Answer:
|
29.0
|
how much lower was net revenue in 2008 than 2007 ? ( in million $ )
|
{
"options": {
"A": "25.0",
"B": "14.0",
"C": "9.0",
"D": "29.0"
},
"goldenKey": "D"
}
|
{
"A": "25.0",
"B": "14.0",
"C": "9.0",
"D": "29.0"
}
|
D
|
finqa1558
|
Please answer the given financial question based on the context.
Context: system energy resources , inc . management's financial discussion and analysis with syndicated bank letters of credit . in december 2004 , system energy amended these letters of credit and they now expire in may 2009 . system energy may refinance or redeem debt prior to maturity , to the extent market conditions and interest and dividend rates are favorable . all debt and common stock issuances by system energy require prior regulatory approval . debt issuances are also subject to issuance tests set forth in its bond indentures and other agreements . system energy has sufficient capacity under these tests to meet its foreseeable capital needs . system energy has obtained a short-term borrowing authorization from the ferc under which it may borrow , through march 31 , 2010 , up to the aggregate amount , at any one time outstanding , of $ 200 million . see note 4 to the financial statements for further discussion of system energy's short-term borrowing limits . system energy has also obtained an order from the ferc authorizing long-term securities issuances . the current long- term authorization extends through june 2009 . system energy's receivables from the money pool were as follows as of december 31 for each of the following years: .
|2008|2007|2006|2005|
|( in thousands )|( in thousands )|( in thousands )|( in thousands )|
|$ 42915|$ 53620|$ 88231|$ 277287|
in may 2007 , $ 22.5 million of system energy's receivable from the money pool was replaced by a note receivable from entergy new orleans . see note 4 to the financial statements for a description of the money pool . nuclear matters system energy owns and operates grand gulf . system energy is , therefore , subject to the risks related to owning and operating a nuclear plant . these include risks from the use , storage , handling and disposal of high-level and low-level radioactive materials , regulatory requirement changes , including changes resulting from events at other plants , limitations on the amounts and types of insurance commercially available for losses in connection with nuclear operations , and technological and financial uncertainties related to decommissioning nuclear plants at the end of their licensed lives , including the sufficiency of funds in decommissioning trusts . in the event of an unanticipated early shutdown of grand gulf , system energy may be required to provide additional funds or credit support to satisfy regulatory requirements for decommissioning . environmental risks system energy's facilities and operations are subject to regulation by various governmental authorities having jurisdiction over air quality , water quality , control of toxic substances and hazardous and solid wastes , and other environmental matters . management believes that system energy is in substantial compliance with environmental regulations currently applicable to its facilities and operations . because environmental regulations are subject to change , future compliance costs cannot be precisely estimated . critical accounting estimates the preparation of system energy's financial statements in conformity with generally accepted accounting principles requires management to apply appropriate accounting policies and to make estimates and judgments that .
Question: what percent of system energy's receivable from the money pool was replaced by a note receivable from entergy new orleans?
Answer:
|
0.41962
|
what percent of system energy's receivable from the money pool was replaced by a note receivable from entergy new orleans?
|
{
"options": {
"A": "0.04196%",
"B": "0.41962%",
"C": "4.1962%",
"D": "41.962%"
},
"goldenKey": "B"
}
|
{
"A": "0.04196%",
"B": "0.41962%",
"C": "4.1962%",
"D": "41.962%"
}
|
B
|
finqa1559
|
Please answer the given financial question based on the context.
Context: growth focused . for example , in december 2005 , 3m announced its intention to build an lcd optical film manufacturing facility in poland to support the fast-growing lcd-tv market in europe and to better serve its customers . the company expects 2006 capital expenditures to total approximately $ 1.1 billion , compared with $ 943 million in 2005 . in the third quarter of 2005 , 3m completed the acquisition of cuno . 3m acquired cuno for approximately $ 1.36 billion , including assumption of debt . this $ 1.36 billion included $ 1.27 billion of cash paid ( net of cash acquired ) and the assumption of $ 80 million of debt , most of which has been repaid . in 2005 , the company also entered into two additional business combinations for a total purchase price of $ 27 million . refer to note 2 to the consolidated financial statements for more information on these 2005 business combinations , and for information concerning 2004 and 2003 business combinations . purchases of investments in 2005 include the purchase from ti&m beteiligungsgesellschaft mbh of 19 percent of i&t innovation technology ( discussed previously under the transportation business segment ) . the purchase price of approximately $ 55 million is reported as 201cinvestments 201d in the consolidated balance sheet and as 201cpurchases of investments 201d in the consolidated statement of cash flows . other 201cpurchases of investments 201d and 201cproceeds from sale of investments 201d in 2005 are primarily attributable to auction rate securities , which are classified as available-for-sale . prior to 2005 , purchases of and proceeds from the sale of auction rate securities were classified as cash and cash equivalents . at december 31 , 2004 , the amount of such securities taken as a whole was immaterial to cash and cash equivalents , and accordingly were not reclassified for 2004 and prior . proceeds from the sale of investments in 2003 include $ 26 million of cash received related to the sale of 3m 2019s 50% ( 50 % ) ownership in durel corporation to rogers corporation . additional purchases of investments totaled $ 5 million in 2005 , $ 10 million in 2004 and $ 16 million in 2003 . these purchases include additional survivor benefit insurance and equity investments . the company is actively considering additional acquisitions , investments and strategic alliances . cash flows from financing activities : years ended december 31 .
|( millions )|2005|2004|2003|
|change in short-term debt 2014 net|$ -258 ( 258 )|$ 399|$ -215 ( 215 )|
|repayment of debt ( maturities greater than 90 days )|-656 ( 656 )|-868 ( 868 )|-719 ( 719 )|
|proceeds from debt ( maturities greater than 90 days )|429|358|494|
|total change in debt|$ -485 ( 485 )|$ -111 ( 111 )|$ -440 ( 440 )|
|purchases of treasury stock|-2377 ( 2377 )|-1791 ( 1791 )|-685 ( 685 )|
|reissuances of treasury stock|545|508|555|
|dividends paid to stockholders|-1286 ( 1286 )|-1125 ( 1125 )|-1034 ( 1034 )|
|distributions to minority interests and other 2014 net|-76 ( 76 )|-15 ( 15 )|-23 ( 23 )|
|net cash used in financing activities|$ -3679 ( 3679 )|$ -2534 ( 2534 )|$ -1627 ( 1627 )|
total debt at december 31 , 2005 , was $ 2.381 billion , down from $ 2.821 billion at year-end 2004 , with the decrease primarily attributable to the retirement of $ 400 million in medium-term notes . there were no new long- term debt issuances in 2005 . in 2005 , the cash flow decrease in net short-term debt of $ 258 million includes the portion of short-term debt with original maturities of 90 days or less . the repayment of debt of $ 656 million primarily related to the retirement of $ 400 million in medium-term notes and commercial paper retirements . proceeds from debt of $ 429 million primarily related to commercial paper issuances . total debt was 19% ( 19 % ) of total capital ( total capital is defined as debt plus equity ) , compared with 21% ( 21 % ) at year-end 2004 . debt securities , including the company 2019s shelf registration , its medium-term notes program , dealer remarketable securities and convertible note , are all discussed in more detail in note 8 to the consolidated financial statements . 3m has a shelf registration and medium-term notes program through which $ 1.5 billion of medium- term notes may be offered . in 2004 , the company issued approximately $ 62 million in debt securities under its medium-term notes program . no debt was issued under this program in 2005 . the medium-term notes program and shelf registration have remaining capacity of approximately $ 1.438 billion . the company 2019s $ 350 million of dealer remarketable securities ( classified as current portion of long-term debt ) were remarketed for one year in december 2005 . in addition , the company has convertible notes with a book value of $ 539 million at december 31 , 2005 . the next put option date for these convertible notes is november 2007 , thus at year-end 2005 this debt .
Question: what was the percentage change in the net cash used in financing activities from 2004 to 2005
Answer:
|
0.45185
|
what was the percentage change in the net cash used in financing activities from 2004 to 2005
|
{
"options": {
"A": "0.45185",
"B": "0.3679",
"C": "0.2534",
"D": "0.1627"
},
"goldenKey": "A"
}
|
{
"A": "0.45185",
"B": "0.3679",
"C": "0.2534",
"D": "0.1627"
}
|
A
|
finqa1560
|
Please answer the given financial question based on the context.
Context: edwards lifesciences corporation notes to consolidated financial statements ( continued ) 12 . employee benefit plans ( continued ) equity and debt securities are valued at fair value based on quoted market prices reported on the active markets on which the individual securities are traded . the insurance contracts are valued at the cash surrender value of the contracts , which is deemed to approximate its fair value . the following benefit payments , which reflect expected future service , as appropriate , at december 31 , 2016 , are expected to be paid ( in millions ) : .
|2017|$ 4.5|
|2018|4.0|
|2019|4.0|
|2020|4.6|
|2021|4.5|
|2021-2025|44.6|
as of december 31 , 2016 , expected employer contributions for 2017 are $ 6.1 million . defined contribution plans the company 2019s employees in the united states and puerto rico are eligible to participate in a qualified defined contribution plan . in the united states , participants may contribute up to 25% ( 25 % ) of their eligible compensation ( subject to tax code limitation ) to the plan . edwards lifesciences matches the first 3% ( 3 % ) of the participant 2019s annual eligible compensation contributed to the plan on a dollar-for-dollar basis . edwards lifesciences matches the next 2% ( 2 % ) of the participant 2019s annual eligible compensation to the plan on a 50% ( 50 % ) basis . in puerto rico , participants may contribute up to 25% ( 25 % ) of their annual compensation ( subject to tax code limitation ) to the plan . edwards lifesciences matches the first 4% ( 4 % ) of participant 2019s annual eligible compensation contributed to the plan on a 50% ( 50 % ) basis . the company also provides a 2% ( 2 % ) profit sharing contribution calculated on eligible earnings for each employee . matching contributions relating to edwards lifesciences employees were $ 17.3 million , $ 15.3 million , and $ 12.8 million in 2016 , 2015 , and 2014 , respectively . the company also has nonqualified deferred compensation plans for a select group of employees . the plans provide eligible participants the opportunity to defer eligible compensation to future dates specified by the participant with a return based on investment alternatives selected by the participant . the amount accrued under these nonqualified plans was $ 46.7 million and $ 35.5 million at december 31 , 2016 and 2015 , respectively . 13 . common stock treasury stock in july 2014 , the board of directors approved a stock repurchase program authorizing the company to purchase up to $ 750.0 million of the company 2019s common stock . in november 2016 , the board of directors approved a new stock repurchase program providing for an additional $ 1.0 billion of repurchases of our common stock . the repurchase programs do not have an expiration date . stock repurchased under these programs may be used to offset obligations under the company 2019s employee stock-based benefit programs and stock-based business acquisitions , and will reduce the total shares outstanding . during 2016 , 2015 , and 2014 , the company repurchased 7.3 million , 2.6 million , and 4.4 million shares , respectively , at an aggregate cost of $ 662.3 million , $ 280.1 million , and $ 300.9 million , respectively , including .
Question: what was the percent change in matching contributions between 2014 and 2016?
Answer:
|
0.35156
|
what was the percent change in matching contributions between 2014 and 2016?
|
{
"options": {
"A": "0.35156",
"B": "0.351",
"C": "0.35",
"D": "0.36"
},
"goldenKey": "A"
}
|
{
"A": "0.35156",
"B": "0.351",
"C": "0.35",
"D": "0.36"
}
|
A
|
finqa1561
|
Please answer the given financial question based on the context.
Context: part iii item 10 . directors , executive officers and corporate governance the information required by this item is incorporated by reference to the 201celection of directors 201d section , the 201cdirector selection process 201d section , the 201ccode of conduct 201d section , the 201cprincipal committees of the board of directors 201d section , the 201caudit committee 201d section and the 201csection 16 ( a ) beneficial ownership reporting compliance 201d section of the proxy statement for the annual meeting of stockholders to be held on may 27 , 2010 ( the 201cproxy statement 201d ) , except for the description of our executive officers , which appears in part i of this report on form 10-k under the heading 201cexecutive officers of ipg . 201d new york stock exchange certification in 2009 , our ceo provided the annual ceo certification to the new york stock exchange , as required under section 303a.12 ( a ) of the new york stock exchange listed company manual . item 11 . executive compensation the information required by this item is incorporated by reference to the 201ccompensation of executive officers 201d section , the 201cnon-management director compensation 201d section , the 201ccompensation discussion and analysis 201d section and the 201ccompensation committee report 201d section of the proxy statement . item 12 . security ownership of certain beneficial owners and management and related stockholder matters the information required by this item is incorporated by reference to the 201coutstanding shares 201d section of the proxy statement , except for information regarding the shares of common stock to be issued or which may be issued under our equity compensation plans as of december 31 , 2009 , which is provided in the following table . equity compensation plan information plan category number of shares of common stock to be issued upon exercise of outstanding options , warrants and rights ( a ) 12 weighted-average exercise price of outstanding stock options ( b ) number of securities remaining available for future issuance under equity compensation plans ( excluding securities reflected in column a ) ( c ) 3 equity compensation plans approved by security holders . . . . . . . . . 34317386 $ 16.11 52359299 equity compensation plans not approved by security holders 4 . . . . . 612500 $ 27.53 2014 .
|plan category|number of shares of common stock to be issued upon exercise of outstandingoptions warrants and rights ( a ) 12|weighted-average exercise price of outstanding stock options ( b )|number of securities remaining available for futureissuance under equity compensation plans ( excluding securities reflected in column a ) ( c ) 3|
|equity compensation plans approved by security holders|34317386|$ 16.11|52359299|
|equity compensation plans not approved by security holders4|612500|$ 27.53|2014|
|total|34929886|$ 16.31|52359299|
1 includes a total of 6058967 performance-based share awards made under the 2004 , 2006 and 2009 performance incentive plan representing the target number of shares to be issued to employees following the completion of the 2007-2009 performance period ( the 201c2009 ltip share awards 201d ) , the 2008- 2010 performance period ( the 201c2010 ltip share awards 201d ) and the 2009-2011 performance period ( the 201c2011 ltip share awards 201d ) respectively . the computation of the weighted-average exercise price in column ( b ) of this table does not take the 2009 ltip share awards , the 2010 ltip share awards or the 2011 ltip share awards into account . 2 includes a total of 3914804 restricted share unit and performance-based awards ( 201cshare unit awards 201d ) which may be settled in shares or cash . the computation of the weighted-average exercise price in column ( b ) of this table does not take the share unit awards into account . each share unit award actually settled in cash will increase the number of shares of common stock available for issuance shown in column ( c ) . 3 includes ( i ) 37885502 shares of common stock available for issuance under the 2009 performance incentive plan , ( ii ) 13660306 shares of common stock available for issuance under the employee stock purchase plan ( 2006 ) and ( iii ) 813491 shares of common stock available for issuance under the 2009 non-management directors 2019 stock incentive plan . 4 consists of special stock option grants awarded to certain true north executives following our acquisition of true north ( the 201ctrue north options 201d ) . the true north options have an exercise price equal to the fair market value of interpublic 2019s common stock on the date of the grant . the terms and conditions of these stock option awards are governed by interpublic 2019s 1997 performance incentive plan . generally , the options become exercisable between two and five years after the date of the grant and expire ten years from the grant date. .
Question: what percentage of remaining securities are available for issuance under the 2009 non-management directors 2019 stock incentive plan .
Answer:
|
1.55367
|
what percentage of remaining securities are available for issuance under the 2009 non-management directors 2019 stock incentive plan .
|
{
"options": {
"A": "1.55367%",
"B": "2.55367%",
"C": "3.55367%",
"D": "4.55367%"
},
"goldenKey": "A"
}
|
{
"A": "1.55367%",
"B": "2.55367%",
"C": "3.55367%",
"D": "4.55367%"
}
|
A
|
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