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finqa839
|
Please answer the given financial question based on the context.
Context: vornado realty trust notes to consolidated financial statements ( continued ) 9 . debt - continued our revolving credit facility and senior unsecured notes contain financial covenants which require us to maintain minimum interest coverage ratios and limit our debt to market capitalization ratios . we believe that we have complied with all of our financial covenants as of december 31 , 2007 . on may 9 , 2006 , we executed supplemental indentures with respect to our senior unsecured notes due 2007 , 2009 and 2010 ( collectively , the 201cnotes 201d ) , pursuant to our consent solicitation statement dated april 18 , 2006 , as amended . holders of approximately 96.7% ( 96.7 % ) of the aggregate principal amount of the notes consented to the solicitation . the supplemental indentures contain modifications of certain covenants and related defined terms governing the terms of the notes to make them consistent with corresponding provisions of the covenants and defined terms included in the senior unsecured notes due 2011 issued on february 16 , 2006 . the supplemental indentures also include a new covenant that provides for an increase in the interest rate of the notes upon certain decreases in the ratings assigned by rating agencies to the notes . in connection with the consent solicitation we paid an aggregate fee of $ 2241000 to the consenting note holders , which will be amortized into expense over the remaining term of the notes . in addition , we incurred advisory and professional fees aggregating $ 1415000 , which were expensed in 2006 . the net carrying amount of properties collateralizing the notes and mortgages payable amounted to $ 10.920 billion at december 31 , 2007 . as at december 31 , 2007 , the principal repayments required for the next five years and thereafter are as follows : ( amounts in thousands ) .
|year ending december 31,|amount|
|2008|$ 526768|
|2009|478269|
|2010|778320|
|2011|1071195|
|2012|609546|
|thereafter|5473734|
.
Question: for the year ending december 31 , 2008 , were principal payments greater than 2009?
Answer:
|
yes
|
for the year ending december 31 , 2008 , were principal payments greater than 2009?
|
{
"options": {
"A": "Yes",
"B": "No",
"C": "Cannot be determined",
"D": "Not mentioned in the context"
},
"goldenKey": "A"
}
|
{
"A": "Yes",
"B": "No",
"C": "Cannot be determined",
"D": "Not mentioned in the context"
}
|
A
|
finqa840
|
Please answer the given financial question based on the context.
Context: troubled debt restructurings ( tdrs ) a tdr is a loan whose terms have been restructured in a manner that grants a concession to a borrower experiencing financial difficulty . tdrs result from our loss mitigation activities , and include rate reductions , principal forgiveness , postponement/reduction of scheduled amortization , and extensions , which are intended to minimize economic loss and to avoid foreclosure or repossession of collateral . additionally , tdrs also result from borrowers that have been discharged from personal liability through chapter 7 bankruptcy and have not formally reaffirmed their loan obligations to pnc . in those situations where principal is forgiven , the amount of such principal forgiveness is immediately charged off . some tdrs may not ultimately result in the full collection of principal and interest , as restructured , and result in potential incremental losses . these potential incremental losses have been factored into our overall alll estimate . the level of any subsequent defaults will likely be affected by future economic conditions . once a loan becomes a tdr , it will continue to be reported as a tdr until it is ultimately repaid in full , the collateral is foreclosed upon , or it is fully charged off . we held specific reserves in the alll of $ .4 billion and $ .5 billion at december 31 , 2014 and december 31 , 2013 , respectively , for the total tdr portfolio . table 67 : summary of troubled debt restructurings in millions december 31 december 31 .
|in millions|december 312014|december 312013|
|total consumer lending|$ 2041|$ 2161|
|total commercial lending|542|578|
|total tdrs|$ 2583|$ 2739|
|nonperforming|$ 1370|$ 1511|
|accruing ( a )|1083|1062|
|credit card|130|166|
|total tdrs|$ 2583|$ 2739|
( a ) accruing tdr loans have demonstrated a period of at least six months of performance under the restructured terms and are excluded from nonperforming loans . loans where borrowers have been discharged from personal liability through chapter 7 bankruptcy and have not formally reaffirmed their loan obligations to pnc and loans to borrowers not currently obligated to make both principal and interest payments under the restructured terms are not returned to accrual status . table 68 quantifies the number of loans that were classified as tdrs as well as the change in the recorded investments as a result of the tdr classification during 2014 , 2013 , and 2012 , respectively . additionally , the table provides information about the types of tdr concessions . the principal forgiveness tdr category includes principal forgiveness and accrued interest forgiveness . these types of tdrs result in a write down of the recorded investment and a charge-off if such action has not already taken place . the rate reduction tdr category includes reduced interest rate and interest deferral . the tdrs within this category result in reductions to future interest income . the other tdr category primarily includes consumer borrowers that have been discharged from personal liability through chapter 7 bankruptcy and have not formally reaffirmed their loan obligations to pnc , as well as postponement/reduction of scheduled amortization and contractual extensions for both consumer and commercial borrowers . in some cases , there have been multiple concessions granted on one loan . this is most common within the commercial loan portfolio . when there have been multiple concessions granted in the commercial loan portfolio , the principal forgiveness concession was prioritized for purposes of determining the inclusion in table 68 . for example , if there is principal forgiveness in conjunction with lower interest rate and postponement of amortization , the type of concession will be reported as principal forgiveness . second in priority would be rate reduction . for example , if there is an interest rate reduction in conjunction with postponement of amortization , the type of concession will be reported as a rate reduction . in the event that multiple concessions are granted on a consumer loan , concessions resulting from discharge from personal liability through chapter 7 bankruptcy without formal affirmation of the loan obligations to pnc would be prioritized and included in the other type of concession in the table below . after that , consumer loan concessions would follow the previously discussed priority of concessions for the commercial loan portfolio . 138 the pnc financial services group , inc . 2013 form 10-k .
Question: what were total specific reserves in the alll in billions at december 31 , 2014 and december 31 , 2013 for the total tdr portfolio?
Answer:
|
0.9
|
what were total specific reserves in the alll in billions at december 31 , 2014 and december 31 , 2013 for the total tdr portfolio?
|
{
"options": {
"A": "0.4",
"B": "0.5",
"C": "0.9",
"D": "1.0"
},
"goldenKey": "C"
}
|
{
"A": "0.4",
"B": "0.5",
"C": "0.9",
"D": "1.0"
}
|
C
|
finqa841
|
Please answer the given financial question based on the context.
Context: as described above , the borrowings are extended on a non-recourse basis . as such , there is no credit or market risk exposure to us on the assets , and as a result the terms of the amlf permit exclusion of the assets from regulatory leverage and risk-based capital calculations . the interest rate on the borrowings is set by the federal reserve bank , and we earn net interest revenue by earning a spread on the difference between the yield we earn on the assets and the rate we pay on the borrowings . for 2008 , we earned net interest revenue associated with this facility of approximately $ 68 million . separately , we currently maintain a commercial paper program under which we can issue up to $ 3 billion with original maturities of up to 270 days from the date of issue . at december 31 , 2008 and 2007 , $ 2.59 billion and $ 2.36 billion , respectively , of commercial paper were outstanding . in addition , state street bank currently has board authority to issue bank notes up to an aggregate of $ 5 billion , including up to $ 2.48 billion of senior notes under the fdic 2019s temporary liquidity guarantee program , instituted by the fdic in october 2008 for qualified senior debt issued through june 30 , 2009 , and up to $ 1 billion of subordinated bank notes ( see note 10 ) . at december 31 , 2008 and 2007 , no notes payable were outstanding , and at december 31 , 2008 , all $ 5 billion was available for issuance . state street bank currently maintains a line of credit of cad $ 800 million , or approximately $ 657 million , to support its canadian securities processing operations . the line of credit has no stated termination date and is cancelable by either party with prior notice . at december 31 , 2008 , no balance was due on this line of credit . note 9 . restructuring charges in december 2008 , we implemented a plan to reduce our expenses from operations and support our long- term growth . in connection with this plan , we recorded aggregate restructuring charges of $ 306 million in our consolidated statement of income . the primary component of the plan was an involuntary reduction of approximately 7% ( 7 % ) of our global workforce , which reduction we expect to be substantially completed by the end of the first quarter of 2009 . other components of the plan included costs related to lease and software license terminations , restructuring of agreements with technology providers and other costs . of the aggregate restructuring charges of $ 306 million , $ 243 million related to severance , a portion of which will be paid in a lump sum or over a defined period , and a portion of which will provide related benefits and outplacement services for approximately 2100 employees identified for involuntary termination in connection with the plan ; $ 49 million related to future lease obligations and write-offs of capitalized assets , including $ 23 million for impairment of other intangible assets ; $ 10 million of costs associated with information technology and $ 4 million of other restructuring costs . the severance component included $ 47 million related to accelerated vesting of equity-based compensation . in december 2008 , approximately 620 employees were involuntarily terminated and left state street . the following table presents the activity in the related balance sheet reserve for 2008 . ( in millions ) severance lease and write-offs information technology other total .
|( in millions )|severance|lease and asset write-offs|information technology|other|total|
|initial accrual|$ 250|$ 42|$ 10|$ 4|$ 306|
|payments and adjustments|-20 ( 20 )|-25 ( 25 )|-10 ( 10 )|-1 ( 1 )|-56 ( 56 )|
|balance at december 31 2008|$ 230|$ 17|2014|$ 3|$ 250|
.
Question: what is the percentage change in the balance of the outstanding commercial papers from 2007 to 2008?
Answer:
|
0.09746
|
what is the percentage change in the balance of the outstanding commercial papers from 2007 to 2008?
|
{
"options": {
"A": "0.09746",
"B": "0.097",
"C": "0.0946",
"D": "0.094"
},
"goldenKey": "A"
}
|
{
"A": "0.09746",
"B": "0.097",
"C": "0.0946",
"D": "0.094"
}
|
A
|
finqa843
|
Please answer the given financial question based on the context.
Context: credit commitments and lines of credit the table below summarizes citigroup 2019s credit commitments : in millions of dollars u.s . outside of u.s . december 31 , december 31 .
|in millions of dollars|u.s .|outside ofu.s .|december 312018|december 31 2017|
|commercial and similar letters of credit|$ 823|$ 4638|$ 5461|$ 5000|
|one- to four-family residential mortgages|1056|1615|2671|2674|
|revolving open-end loans secured by one- to four-family residential properties|10019|1355|11374|12323|
|commercial real estate construction and land development|9565|1728|11293|11151|
|credit card lines|605857|90150|696007|678300|
|commercial and other consumer loan commitments|185849|102918|288767|272655|
|other commitments and contingencies|2560|761|3321|3071|
|total|$ 815729|$ 203165|$ 1018894|$ 985174|
the majority of unused commitments are contingent upon customers maintaining specific credit standards . commercial commitments generally have floating interest rates and fixed expiration dates and may require payment of fees . such fees ( net of certain direct costs ) are deferred and , upon exercise of the commitment , amortized over the life of the loan or , if exercise is deemed remote , amortized over the commitment period . commercial and similar letters of credit a commercial letter of credit is an instrument by which citigroup substitutes its credit for that of a customer to enable the customer to finance the purchase of goods or to incur other commitments . citigroup issues a letter on behalf of its client to a supplier and agrees to pay the supplier upon presentation of documentary evidence that the supplier has performed in accordance with the terms of the letter of credit . when a letter of credit is drawn , the customer is then required to reimburse citigroup . one- to four-family residential mortgages a one- to four-family residential mortgage commitment is a written confirmation from citigroup to a seller of a property that the bank will advance the specified sums enabling the buyer to complete the purchase . revolving open-end loans secured by one- to four-family residential properties revolving open-end loans secured by one- to four-family residential properties are essentially home equity lines of credit . a home equity line of credit is a loan secured by a primary residence or second home to the extent of the excess of fair market value over the debt outstanding for the first mortgage . commercial real estate , construction and land development commercial real estate , construction and land development include unused portions of commitments to extend credit for the purpose of financing commercial and multifamily residential properties as well as land development projects . both secured-by-real-estate and unsecured commitments are included in this line , as well as undistributed loan proceeds , where there is an obligation to advance for construction progress payments . however , this line only includes those extensions of credit that , once funded , will be classified as total loans , net on the consolidated balance sheet . credit card lines citigroup provides credit to customers by issuing credit cards . the credit card lines are cancelable by providing notice to the cardholder or without such notice as permitted by local law . commercial and other consumer loan commitments commercial and other consumer loan commitments include overdraft and liquidity facilities as well as commercial commitments to make or purchase loans , purchase third-party receivables , provide note issuance or revolving underwriting facilities and invest in the form of equity . other commitments and contingencies other commitments and contingencies include committed or unsettled regular-way reverse repurchase agreements and all other transactions related to commitments and contingencies not reported on the lines above . unsettled reverse repurchase and securities lending agreements and unsettled repurchase and securities borrowing agreements in addition , in the normal course of business , citigroup enters into reverse repurchase and securities borrowing agreements , as well as repurchase and securities lending agreements , which settle at a future date . at december 31 , 2018 , and 2017 , citigroup had $ 36.1 billion and $ 35.0 billion unsettled reverse repurchase and securities borrowing agreements , respectively , and $ 30.7 billion and $ 19.1 billion unsettled repurchase and securities lending agreements , respectively . for a further discussion of securities purchased under agreements to resell and securities borrowed , and securities sold under agreements to repurchase and securities loaned , including the company 2019s policy for offsetting repurchase and reverse repurchase agreements , see note 11 to the consolidated financial statements. .
Question: what percentage of total credit commitments as of december 31 , 2017 are credit card lines?
Answer:
|
0.68851
|
what percentage of total credit commitments as of december 31 , 2017 are credit card lines?
|
{
"options": {
"A": "0.06885%",
"B": "0.68851%",
"C": "6.8851%",
"D": "68.851%"
},
"goldenKey": "B"
}
|
{
"A": "0.06885%",
"B": "0.68851%",
"C": "6.8851%",
"D": "68.851%"
}
|
B
|
finqa845
|
Please answer the given financial question based on the context.
Context: entergy mississippi , inc . 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 $ 23.4 million primarily due to a lower effective income tax rate . 2010 compared to 2009 net income increased $ 6.0 million primarily due to higher net revenue and higher other income , partially offset by higher taxes other than income taxes , higher depreciation and amortization expenses , and higher interest expense . 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 charges ( credits ) . following is an analysis of the change in net revenue comparing 2011 to 2010 . amount ( in millions ) .
||amount ( in millions )|
|2010 net revenue|$ 555.3|
|volume/weather|-4.5 ( 4.5 )|
|transmission equalization|4.5|
|other|-0.4 ( 0.4 )|
|2011 net revenue|$ 554.9|
the volume/weather variance is primarily due to a decrease of 97 gwh in weather-adjusted usage in the residential and commercial sectors and a decrease in sales volume in the unbilled sales period . the transmission equalization variance is primarily due to the addition in 2011 of transmission investments that are subject to equalization . gross operating revenues and fuel and purchased power expenses gross operating revenues increased primarily due to an increase of $ 57.5 million in gross wholesale revenues due to an increase in sales to affiliated customers , partially offset by a decrease of $ 26.9 million in power management rider revenue . fuel and purchased power expenses increased primarily due to an increase in deferred fuel expense as a result of higher fuel revenues due to higher fuel rates , partially offset by a decrease in the average market prices of natural gas and purchased power. .
Question: based on the review of the net revenue changes what was ratio of the volume/weather to the transmission equalization
Answer:
|
-1.0
|
based on the review of the net revenue changes what was ratio of the volume/weather to the transmission equalization
|
{
"options": {
"A": "-0.4",
"B": "0.4",
"C": "-1.0",
"D": "1.0"
},
"goldenKey": "C"
}
|
{
"A": "-0.4",
"B": "0.4",
"C": "-1.0",
"D": "1.0"
}
|
C
|
finqa846
|
Please answer the given financial question based on the context.
Context: the discount rate used to measure pension obligations is determined by comparing the expected future benefits that will be paid under the plan with yields available on high quality corporate bonds of similar duration . the impact on pension expense of a .5% ( .5 % ) decrease in discount rate in the current environment is an increase of $ 18 million per year . this sensitivity depends on the economic environment and amount of unrecognized actuarial gains or losses on the measurement date . the expected long-term return on assets assumption also has a significant effect on pension expense . the expected return on plan assets is a long-term assumption established by considering historical and anticipated returns of the asset classes invested in by the pension plan and the asset allocation policy currently in place . for purposes of setting and reviewing this assumption , 201clong term 201d refers to the period over which the plan 2019s projected benefit obligations will be disbursed . we review this assumption at each measurement date and adjust it if warranted . our selection process references certain historical data and the current environment , but primarily utilizes qualitative judgment regarding future return expectations . to evaluate the continued reasonableness of our assumption , we examine a variety of viewpoints and data . various studies have shown that portfolios comprised primarily of u.s . equity securities have historically returned approximately 9% ( 9 % ) annually over long periods of time , while u.s . debt securities have returned approximately 6% ( 6 % ) annually over long periods . application of these historical returns to the plan 2019s allocation ranges for equities and bonds produces a result between 6.50% ( 6.50 % ) and 7.25% ( 7.25 % ) and is one point of reference , among many other factors , that is taken into consideration . we also examine the plan 2019s actual historical returns over various periods and consider the current economic environment . recent experience is considered in our evaluation with appropriate consideration that , especially for short time periods , recent returns are not reliable indicators of future returns . while annual returns can vary significantly ( actual returns for 2014 , 2013 and 2012 were +6.50% ( +6.50 % ) , +15.48% ( +15.48 % ) , and +15.29% ( +15.29 % ) , respectively ) , the selected assumption represents our estimated long-term average prospective returns . acknowledging the potentially wide range for this assumption , we also annually examine the assumption used by other companies with similar pension investment strategies , so that we can ascertain whether our determinations markedly differ from others . in all cases , however , this data simply informs our process , which places the greatest emphasis on our qualitative judgment of future investment returns , given the conditions existing at each annual measurement date . taking into consideration all of these factors , the expected long-term return on plan assets for determining net periodic pension cost for 2014 was 7.00% ( 7.00 % ) , down from 7.50% ( 7.50 % ) for 2013 . after considering the views of both internal and external capital market advisors , particularly with regard to the effects of the recent economic environment on long-term prospective fixed income returns , we are reducing our expected long-term return on assets to 6.75% ( 6.75 % ) for determining pension cost for under current accounting rules , the difference between expected long-term returns and actual returns is accumulated and amortized to pension expense over future periods . each one percentage point difference in actual return compared with our expected return can cause expense in subsequent years to increase or decrease by up to $ 9 million as the impact is amortized into results of operations . we currently estimate pretax pension expense of $ 9 million in 2015 compared with pretax income of $ 7 million in 2014 . this year-over-year expected increase in expense reflects the effects of the lower expected return on asset assumption , improved mortality , and the lower discount rate required to be used in 2015 . these factors will be partially offset by the favorable impact of the increase in plan assets at december 31 , 2014 and the assumed return on a $ 200 million voluntary contribution to the plan made in february 2015 . the table below reflects the estimated effects on pension expense of certain changes in annual assumptions , using 2015 estimated expense as a baseline . table 26 : pension expense 2013 sensitivity analysis change in assumption ( a ) estimated increase/ ( decrease ) to 2015 pension expense ( in millions ) .
|change in assumption ( a )|estimatedincrease/ ( decrease ) to 2015pensionexpense ( in millions )|
|.5% ( .5 % ) decrease in discount rate|$ 18|
|.5% ( .5 % ) decrease in expected long-term return on assets|$ 22|
|.5% ( .5 % ) increase in compensation rate|$ 2|
( a ) the impact is the effect of changing the specified assumption while holding all other assumptions constant . our pension plan contribution requirements are not particularly sensitive to actuarial assumptions . investment performance has the most impact on contribution requirements and will drive the amount of required contributions in future years . also , current law , including the provisions of the pension protection act of 2006 , sets limits as to both minimum and maximum contributions to the plan . notwithstanding the voluntary contribution made in february 2015 noted above , we do not expect to be required to make any contributions to the plan during 2015 . we maintain other defined benefit plans that have a less significant effect on financial results , including various nonqualified supplemental retirement plans for certain employees , which are described more fully in note 13 employee benefit plans in the notes to consolidated financial statements in item 8 of this report . 66 the pnc financial services group , inc . 2013 form 10-k .
Question: for pension expense , does a .5% ( .5 % ) decrease in discount rate have a greater impact than a .5% ( .5 % ) decrease in expected long-term return on assets?
Answer:
|
no
|
for pension expense , does a .5% ( .5 % ) decrease in discount rate have a greater impact than a .5% ( .5 % ) decrease in expected long-term return on assets?
|
{
"options": {
"A": "Yes",
"B": "No",
"C": "Cannot be determined",
"D": "Not enough information provided"
},
"goldenKey": "B"
}
|
{
"A": "Yes",
"B": "No",
"C": "Cannot be determined",
"D": "Not enough information provided"
}
|
B
|
finqa847
|
Please answer the given financial question based on the context.
Context: the following table sets forth our refined products sales by product group and our average sales price for each of the last three years . refined product sales ( thousands of barrels per day ) 2008 2007 2006 .
|( thousands of barrels per day )|2008|2007|2006|
|gasoline|756|791|804|
|distillates|375|377|375|
|propane|22|23|23|
|feedstocks and special products|100|103|106|
|heavy fuel oil|23|29|26|
|asphalt|76|87|91|
|total ( a )|1352|1410|1425|
|average sales price ( dollars per barrel )|$ 109.49|$ 86.53|$ 77.76|
total ( a ) 1352 1410 1425 average sales price ( dollars per barrel ) $ 109.49 $ 86.53 $ 77.76 ( a ) includes matching buy/sell volumes of 24 mbpd in 2006 . on april 1 , 2006 , we changed our accounting for matching buy/sell arrangements as a result of a new accounting standard . this change resulted in lower refined products sales volumes for 2008 , 2007 and the remainder of 2006 than would have been reported under our previous accounting practices . see note 2 to the consolidated financial statements . gasoline and distillates 2013 we sell gasoline , gasoline blendstocks and no . 1 and no . 2 fuel oils ( including kerosene , jet fuel , diesel fuel and home heating oil ) to wholesale marketing customers in the midwest , upper great plains , gulf coast and southeastern regions of the united states . we sold 47 percent of our gasoline volumes and 88 percent of our distillates volumes on a wholesale or spot market basis in 2008 . the demand for gasoline is seasonal in many of our markets , with demand typically being at its highest levels during the summer months . we have blended fuel ethanol into gasoline for over 15 years and began increasing our blending program in 2007 , in part due to federal regulations that require us to use specified volumes of renewable fuels . we blended 57 mbpd of ethanol into gasoline in 2008 , 41 mbpd in 2007 and 35 mbpd in 2006 . the future expansion or contraction of our ethanol blending program will be driven by the economics of the ethanol supply and by government regulations . we sell reformulated gasoline , which is also blended with ethanol , in parts of our marketing territory , including : chicago , illinois ; louisville , kentucky ; northern kentucky ; milwaukee , wisconsin and hartford , illinois . we also sell biodiesel-blended diesel in minnesota , illinois and kentucky . in 2007 , we acquired a 35 percent interest in an entity which owns and operates a 110-million-gallon-per-year ethanol production facility in clymers , indiana . we also own a 50 percent interest in an entity which owns a 110-million-gallon-per-year ethanol production facility in greenville , ohio . the greenville plant began production in february 2008 . both of these facilities are managed by a co-owner . propane 2013 we produce propane at all seven of our refineries . propane is primarily used for home heating and cooking , as a feedstock within the petrochemical industry , for grain drying and as a fuel for trucks and other vehicles . our propane sales are typically split evenly between the home heating market and industrial consumers . feedstocks and special products 2013 we are a producer and marketer of petrochemicals and specialty products . product availability varies by refinery and includes benzene , cumene , dilute naphthalene oil , molten maleic anhydride , molten sulfur , propylene , toluene and xylene . we market propylene , cumene and sulfur domestically to customers in the chemical industry . we sell maleic anhydride throughout the united states and canada . we also have the capacity to produce 1400 tons per day of anode grade coke at our robinson refinery , which is used to make carbon anodes for the aluminum smelting industry , and 2700 tons per day of fuel grade coke at the garyville refinery , which is used for power generation and in miscellaneous industrial applications . in september 2008 , we shut down our lubes facility in catlettsburg , kentucky , and sold from inventory through december 31 , 2008 ; therefore , base oils , aromatic extracts and slack wax are no longer being produced and marketed . in addition , we have recently discontinued production and sales of petroleum pitch and aliphatic solvents . heavy fuel oil 2013 we produce and market heavy oil , also known as fuel oil , residual fuel or slurry at all seven of our refineries . another product of crude oil , heavy oil is primarily used in the utility and ship bunkering ( fuel ) industries , though there are other more specialized uses of the product . we also sell heavy fuel oil at our terminals in wellsville , ohio , and chattanooga , tennessee . asphalt 2013 we have refinery based asphalt production capacity of up to 102 mbpd . we market asphalt through 33 owned or leased terminals throughout the midwest and southeast . we have a broad customer base , including .
Question: based on average sales price , how much refined product sales revenue did mro achieve in 2008?
Answer:
|
148030.48
|
based on average sales price , how much refined product sales revenue did mro achieve in 2008?
|
{
"options": {
"A": "1352",
"B": "1410",
"C": "1425",
"D": "148030.48"
},
"goldenKey": "D"
}
|
{
"A": "1352",
"B": "1410",
"C": "1425",
"D": "148030.48"
}
|
D
|
finqa848
|
Please answer the given financial question based on the context.
Context: application of specific accounting literature . for the nonconsolidated proprietary tob trusts and qspe tob trusts , the company recognizes only its residual investment on its balance sheet at fair value and the third-party financing raised by the trusts is off-balance sheet . the following table summarizes selected cash flow information related to municipal bond securitizations for the years 2008 , 2007 and 2006 : in billions of dollars 2008 2007 2006 .
|in billions of dollars|2008|2007|2006|
|proceeds from new securitizations|$ 1.2|$ 10.5|2014|
|cash flows received on retained interests and other net cash flows|0.5|2014|2014|
cash flows received on retained interests and other net cash flows 0.5 2014 2014 municipal investments municipal investment transactions represent partnerships that finance the construction and rehabilitation of low-income affordable rental housing . the company generally invests in these partnerships as a limited partner and earns a return primarily through the receipt of tax credits earned from the affordable housing investments made by the partnership . client intermediation client intermediation transactions represent a range of transactions designed to provide investors with specified returns based on the returns of an underlying security , referenced asset or index . these transactions include credit-linked notes and equity-linked notes . in these transactions , the spe typically obtains exposure to the underlying security , referenced asset or index through a derivative instrument , such as a total-return swap or a credit-default swap . in turn the spe issues notes to investors that pay a return based on the specified underlying security , referenced asset or index . the spe invests the proceeds in a financial asset or a guaranteed insurance contract ( gic ) that serves as collateral for the derivative contract over the term of the transaction . the company 2019s involvement in these transactions includes being the counterparty to the spe 2019s derivative instruments and investing in a portion of the notes issued by the spe . in certain transactions , the investor 2019s maximum risk of loss is limited and the company absorbs risk of loss above a specified level . the company 2019s maximum risk of loss in these transactions is defined as the amount invested in notes issued by the spe and the notional amount of any risk of loss absorbed by the company through a separate instrument issued by the spe . the derivative instrument held by the company may generate a receivable from the spe ( for example , where the company purchases credit protection from the spe in connection with the spe 2019s issuance of a credit-linked note ) , which is collateralized by the assets owned by the spe . these derivative instruments are not considered variable interests under fin 46 ( r ) and any associated receivables are not included in the calculation of maximum exposure to the spe . structured investment vehicles structured investment vehicles ( sivs ) are spes that issue junior notes and senior debt ( medium-term notes and short-term commercial paper ) to fund the purchase of high quality assets . the junior notes are subject to the 201cfirst loss 201d risk of the sivs . the sivs provide a variable return to the junior note investors based on the net spread between the cost to issue the senior debt and the return realized by the high quality assets . the company acts as manager for the sivs and , prior to december 13 , 2007 , was not contractually obligated to provide liquidity facilities or guarantees to the sivs . in response to the ratings review of the outstanding senior debt of the sivs for a possible downgrade announced by two ratings agencies and the continued reduction of liquidity in the siv-related asset-backed commercial paper and medium-term note markets , on december 13 , 2007 , citigroup announced its commitment to provide support facilities that would support the sivs 2019 senior debt ratings . as a result of this commitment , citigroup became the sivs 2019 primary beneficiary and began consolidating these entities . on february 12 , 2008 , citigroup finalized the terms of the support facilities , which took the form of a commitment to provide $ 3.5 billion of mezzanine capital to the sivs in the event the market value of their junior notes approaches zero . the mezzanine capital facility was increased by $ 1 billion to $ 4.5 billion , with the additional commitment funded during the fourth quarter of 2008 . the facilities rank senior to the junior notes but junior to the commercial paper and medium-term notes . the facilities were at arm 2019s-length terms . interest was paid on the drawn amount of the facilities and a per annum fee was paid on the unused portion . during the period to november 18 , 2008 , the company wrote down $ 3.3 billion on siv assets . in order to complete the wind-down of the sivs , the company , in a nearly cashless transaction , purchased the remaining assets of the sivs at fair value , with a trade date of november 18 , 2008 . the company funded the purchase of the siv assets by assuming the obligation to pay amounts due under the medium-term notes issued by the sivs , as the medium-term notes mature . the net funding provided by the company to fund the purchase of the siv assets was $ 0.3 billion . as of december 31 , 2008 , the carrying amount of the purchased siv assets was $ 16.6 billion , of which $ 16.5 billion is classified as htm assets . investment funds the company is the investment manager for certain investment funds that invest in various asset classes including private equity , hedge funds , real estate , fixed income and infrastructure . the company earns a management fee , which is a percentage of capital under management , and may earn performance fees . in addition , for some of these funds the company has an ownership interest in the investment funds . the company has also established a number of investment funds as opportunities for qualified employees to invest in private equity investments . the company acts as investment manager to these funds and may provide employees with financing on both a recourse and non-recourse basis for a portion of the employees 2019 investment commitments. .
Question: what was the difference in billions of proceeds from new securitizations from 2007 to 2008?
Answer:
|
-9.3
|
what was the difference in billions of proceeds from new securitizations from 2007 to 2008?
|
{
"options": {
"A": "-9.3",
"B": "1.2",
"C": "10.5",
"D": "2014"
},
"goldenKey": "A"
}
|
{
"A": "-9.3",
"B": "1.2",
"C": "10.5",
"D": "2014"
}
|
A
|
finqa849
|
Please answer the given financial question based on the context.
Context: stock performance graph the following graph sets forth the cumulative total shareholder return on our series a common stock , series b common stock and series c common stock as compared with the cumulative total return of the companies listed in the standard and poor 2019s 500 stock index ( 201cs&p 500 index 201d ) and a peer group of companies comprised of cbs corporation class b common stock , scripps network interactive , inc . ( acquired by the company in march 2018 ) , time warner , inc . ( acquired by at&t inc . in june 2018 ) , twenty-first century fox , inc . class a common stock ( news corporation class a common stock prior to june 2013 ) , viacom , inc . class b common stock and the walt disney company . the graph assumes $ 100 originally invested on december 31 , 2013 in each of our series a common stock , series b common stock and series c common stock , the s&p 500 index , and the stock of our peer group companies , including reinvestment of dividends , for the years ended december 31 , 2014 , 2015 , 2016 , 2017 and 2018 . two peer companies , scripps networks interactive , inc . and time warner , inc. , were acquired in 2018 . the stock performance chart shows the peer group including scripps networks interactive , inc . and time warner , inc . and excluding both acquired companies for the entire five year period . december 31 , december 31 , december 31 , december 31 , december 31 , december 31 .
||december 312013|december 312014|december 312015|december 312016|december 312017|december 312018|
|disca|$ 100.00|$ 74.58|$ 57.76|$ 59.34|$ 48.45|$ 53.56|
|discb|$ 100.00|$ 80.56|$ 58.82|$ 63.44|$ 53.97|$ 72.90|
|disck|$ 100.00|$ 80.42|$ 60.15|$ 63.87|$ 50.49|$ 55.04|
|s&p 500|$ 100.00|$ 111.39|$ 110.58|$ 121.13|$ 144.65|$ 135.63|
|peer group incl . acquired companies|$ 100.00|$ 116.64|$ 114.02|$ 127.96|$ 132.23|$ 105.80|
|peer group ex . acquired companies|$ 100.00|$ 113.23|$ 117.27|$ 120.58|$ 127.90|$ 141.58|
equity compensation plan information information regarding securities authorized for issuance under equity compensation plans will be set forth in our definitive proxy statement for our 2019 annual meeting of stockholders under the caption 201csecurities authorized for issuance under equity compensation plans , 201d which is incorporated herein by reference. .
Question: did the b series stock's 5 year performance beat the s&p 500?
Answer:
|
no
|
did the b series stock's 5 year performance beat the s&p 500?
|
{
"options": {
"A": "Yes",
"B": "No",
"C": "Cannot be determined",
"D": "Not enough information"
},
"goldenKey": "B"
}
|
{
"A": "Yes",
"B": "No",
"C": "Cannot be determined",
"D": "Not enough information"
}
|
B
|
finqa850
|
Please answer the given financial question based on the context.
Context: consolidated income statement review our consolidated income statement is presented in item 8 of this report . net income for 2012 was $ 3.0 billion compared with $ 3.1 billion for 2011 . revenue growth of 8 percent and a decline in the provision for credit losses were more than offset by a 16 percent increase in noninterest expense in 2012 compared to 2011 . further detail is included in the net interest income , noninterest income , provision for credit losses and noninterest expense portions of this consolidated income statement review . net interest income table 2 : net interest income and net interest margin year ended december 31 dollars in millions 2012 2011 .
|year ended december 31dollars in millions|2012|2011|
|net interest income|$ 9640|$ 8700|
|net interest margin|3.94% ( 3.94 % )|3.92% ( 3.92 % )|
changes in net interest income and margin result from the interaction of the volume and composition of interest-earning assets and related yields , interest-bearing liabilities and related rates paid , and noninterest-bearing sources of funding . see the statistical information ( unaudited ) 2013 average consolidated balance sheet and net interest analysis and analysis of year-to-year changes in net interest income in item 8 of this report and the discussion of purchase accounting accretion of purchased impaired loans in the consolidated balance sheet review in this item 7 for additional information . the increase in net interest income in 2012 compared with 2011 was primarily due to the impact of the rbc bank ( usa ) acquisition , organic loan growth and lower funding costs . purchase accounting accretion remained stable at $ 1.1 billion in both periods . the net interest margin was 3.94% ( 3.94 % ) for 2012 and 3.92% ( 3.92 % ) for 2011 . the increase in the comparison was primarily due to a decrease in the weighted-average rate accrued on total interest- bearing liabilities of 29 basis points , largely offset by a 21 basis point decrease on the yield on total interest-earning assets . the decrease in the rate on interest-bearing liabilities was primarily due to the runoff of maturing retail certificates of deposit and the redemption of additional trust preferred and hybrid capital securities during 2012 , in addition to an increase in fhlb borrowings and commercial paper as lower-cost funding sources . the decrease in the yield on interest-earning assets was primarily due to lower rates on new loan volume and lower yields on new securities in the current low rate environment . with respect to the first quarter of 2013 , we expect net interest income to decline by two to three percent compared to fourth quarter 2012 net interest income of $ 2.4 billion , due to a decrease in purchase accounting accretion of up to $ 50 to $ 60 million , including lower expected cash recoveries . for the full year 2013 , we expect net interest income to decrease compared with 2012 , assuming an expected decline in purchase accounting accretion of approximately $ 400 million , while core net interest income is expected to increase in the year-over-year comparison . we believe our net interest margin will come under pressure in 2013 , due to the expected decline in purchase accounting accretion and assuming that the current low rate environment continues . noninterest income noninterest income totaled $ 5.9 billion for 2012 and $ 5.6 billion for 2011 . the overall increase in the comparison was primarily due to an increase in residential mortgage loan sales revenue driven by higher loan origination volume , gains on sales of visa class b common shares and higher corporate service fees , largely offset by higher provision for residential mortgage repurchase obligations . asset management revenue , including blackrock , totaled $ 1.2 billion in 2012 compared with $ 1.1 billion in 2011 . this increase was primarily due to higher earnings from our blackrock investment . discretionary assets under management increased to $ 112 billion at december 31 , 2012 compared with $ 107 billion at december 31 , 2011 driven by stronger average equity markets , positive net flows and strong sales performance . for 2012 , consumer services fees were $ 1.1 billion compared with $ 1.2 billion in 2011 . the decline reflected the regulatory impact of lower interchange fees on debit card transactions partially offset by customer growth . as further discussed in the retail banking portion of the business segments review section of this item 7 , the dodd-frank limits on interchange rates were effective october 1 , 2011 and had a negative impact on revenue of approximately $ 314 million in 2012 and $ 75 million in 2011 . this impact was partially offset by higher volumes of merchant , customer credit card and debit card transactions and the impact of the rbc bank ( usa ) acquisition . corporate services revenue increased by $ .3 billion , or 30 percent , to $ 1.2 billion in 2012 compared with $ .9 billion in 2011 due to higher commercial mortgage servicing revenue and higher merger and acquisition advisory fees in 2012 . the major components of corporate services revenue are treasury management revenue , corporate finance fees , including revenue from capital markets-related products and services , and commercial mortgage servicing revenue , including commercial mortgage banking activities . see the product revenue portion of this consolidated income statement review for further detail . the pnc financial services group , inc . 2013 form 10-k 39 .
Question: dodd-frank was responsible for what time negative impact , in millions , on revenue in 2011 and 2012?
Answer:
|
389.0
|
dodd-frank was responsible for what time negative impact , in millions , on revenue in 2011 and 2012?
|
{
"options": {
"A": "314.0",
"B": "75.0",
"C": "389.0",
"D": "1.2"
},
"goldenKey": "C"
}
|
{
"A": "314.0",
"B": "75.0",
"C": "389.0",
"D": "1.2"
}
|
C
|
finqa851
|
Please answer the given financial question based on the context.
Context: page 78 of 98 notes to consolidated financial statements ball corporation and subsidiaries 17 . financial instruments and risk management ( continued ) at december 31 , 2006 , the company had outstanding interest rate swap agreements in europe with notional amounts of 20ac135 million paying fixed rates . approximately $ 4 million of net gain associated with these contracts is included in accumulated other comprehensive loss at december 31 , 2006 , of which $ 0.8 million is expected to be recognized in the consolidated statement of earnings during 2007 . approximately $ 1.1 million of net gain related to the termination or deselection of hedges is included in accumulated other comprehensive loss at december 31 , 2006 . the amount recognized in 2006 earnings related to terminated hedges was insignificant . the fair value of all non-derivative financial instruments approximates their carrying amounts with the exception of long-term debt . rates currently available to the company for loans with similar terms and maturities are used to estimate the fair value of long-term debt based on discounted cash flows . the fair value of derivatives generally reflects the estimated amounts that we would pay or receive upon termination of the contracts at december 31 , 2006 , taking into account any unrealized gains and losses on open contracts. .
|( $ in millions )|2006 carryingamount|2006 fairvalue|2006 carryingamount|fair value|
|long-term debt including current portion|$ 2311.6|$ 2314.1|$ 1482.9|$ 1496.6|
|unrealized gain ( loss ) on derivative contracts|2013|3.7|2013|-0.1 ( 0.1 )|
foreign currency exchange rate risk our objective in managing exposure to foreign currency fluctuations is to protect foreign cash flows and earnings from changes associated with foreign currency exchange rate changes through the use of cash flow hedges . in addition , we manage foreign earnings translation volatility through the use of foreign currency options . our foreign currency translation risk results from the european euro , british pound , canadian dollar , polish zloty , serbian dinar , brazilian real , argentine peso and chinese renminbi . we face currency exposures in our global operations as a result of purchasing raw materials in u.s . dollars and , to a lesser extent , in other currencies . sales contracts are negotiated with customers to reflect cost changes and , where there is not a foreign exchange pass-through arrangement , the company uses forward and option contracts to manage foreign currency exposures . such contracts outstanding at december 31 , 2006 , expire within four years and there are no amounts included in accumulated other comprehensive loss related to these contracts. .
Question: what is the unrealized gain ( in millions ) on the hedges of long-term debt for 2006?
Answer:
|
2.5
|
what is the unrealized gain ( in millions ) on the hedges of long-term debt for 2006?
|
{
"options": {
"A": "0.8",
"B": "1.1",
"C": "2.5",
"D": "3.7"
},
"goldenKey": "C"
}
|
{
"A": "0.8",
"B": "1.1",
"C": "2.5",
"D": "3.7"
}
|
C
|
finqa852
|
Please answer the given financial question based on the context.
Context: management 2019s discussion and analysis 74 jpmorgan chase & co./2017 annual report treasury and cio overview treasury and cio is predominantly responsible for measuring , monitoring , reporting and managing the firm 2019s liquidity , funding and structural interest rate and foreign exchange risks , as well as executing the firm 2019s capital plan . the risks managed by treasury and cio arise from the activities undertaken by the firm 2019s four major reportable business segments to serve their respective client bases , which generate both on- and off-balance sheet assets and liabilities . treasury and cio seek to achieve the firm 2019s asset-liability management objectives generally by investing in high- quality securities that are managed for the longer-term as part of the firm 2019s investment securities portfolio . treasury and cio also use derivatives to meet the firm 2019s asset- liability management objectives . for further information on derivatives , see note 5 . the investment securities portfolio primarily consists of agency and nonagency mortgage- backed securities , u.s . and non-u.s . government securities , obligations of u.s . states and municipalities , other abs and corporate debt securities . at december 31 , 2017 , the investment securities portfolio was $ 248.0 billion , and the average credit rating of the securities comprising the portfolio was aa+ ( based upon external ratings where available and where not available , based primarily upon internal ratings that correspond to ratings as defined by s&p and moody 2019s ) . see note 10 for further information on the details of the firm 2019s investment securities portfolio . for further information on liquidity and funding risk , see liquidity risk management on pages 92 201397 . for information on interest rate , foreign exchange and other risks , see market risk management on pages 121-128 . selected income statement and balance sheet data as of or for the year ended december 31 , ( in millions ) 2017 2016 2015 .
|as of or for the year ended december 31 ( in millions )|2017|2016|2015|
|securities gains/ ( losses )|$ -78 ( 78 )|$ 132|$ 190|
|afs investment securities ( average )|219345|226892|264758|
|htm investment securities ( average )|47927|51358|50044|
|investment securities portfolio ( average )|267272|278250|314802|
|afs investment securities ( period-end )|200247|236670|238704|
|htm investment securities ( period-end )|47733|50168|49073|
|investment securities portfolio ( period 2013end )|247980|286838|287777|
afs investment securities ( average ) 219345 226892 264758 htm investment securities ( average ) 47927 51358 50044 investment securities portfolio ( average ) 267272 278250 314802 afs investment securities ( period-end ) 200247 236670 238704 htm investment securities ( period-end ) 47733 50168 49073 investment securities portfolio ( period 2013end ) 247980 286838 287777 .
Question: for 2017 , were available for sale securities on average greater than held to maturity securities?
Answer:
|
yes
|
for 2017 , were available for sale securities on average greater than held to maturity securities?
|
{
"options": {
"A": "Yes",
"B": "No",
"C": "Cannot be determined",
"D": "Not mentioned in the context"
},
"goldenKey": "A"
}
|
{
"A": "Yes",
"B": "No",
"C": "Cannot be determined",
"D": "Not mentioned in the context"
}
|
A
|
finqa853
|
Please answer the given financial question based on the context.
Context: ( c ) effective january 1 , 2019 , these assets were transferred from the products pipelines business segment to the natural gas pipelines business segment . ( d ) effective january 1 , 2019 , a small number of terminals were transferred between the products pipelines and terminals business segments . competition our products pipelines 2019 pipeline operations compete against proprietary pipelines owned and operated by major oil companies , other independent products pipelines , trucking and marine transportation firms ( for short-haul movements of products ) and railcars . our products pipelines 2019 terminal operations compete with proprietary terminals owned and operated by major oil companies and other independent terminal operators , and our transmix operations compete with refineries owned by major oil companies and independent transmix facilities . terminals our terminals business 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 business segment ) and all of our petroleum coke , metal and ores 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 between u.s . ports . the following summarizes our terminals business segment assets , as of december 31 , 2018 : number capacity ( mmbbl ) .
||number|capacity ( mmbbl )|
|liquids terminals ( a )|52|89.6|
|bulk terminals|34|2014|
|jones act tankers|16|5.3|
_______ ( a ) effective january 1 , 2019 , a small number of terminals were transferred between the terminals and products pipelines business segments . 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 . our co2 business segment produces , transports , and markets co2 for use in enhanced oil recovery projects as a flooding medium for recovering crude oil from mature oil fields . our co2 pipelines and related assets allow us to market a complete package of co2 supply and transportation services to our customers . we also hold ownership interests in several oil-producing fields and own a crude oil pipeline , all located in the permian basin region of west texas. .
Question: what percent of storage facilities are liquid terminals
Answer:
|
0.5098
|
what percent of storage facilities are liquid terminals
|
{
"options": {
"A": "0.5098%",
"B": "5.098%",
"C": "50.98%",
"D": "509.8%"
},
"goldenKey": "A"
}
|
{
"A": "0.5098%",
"B": "5.098%",
"C": "50.98%",
"D": "509.8%"
}
|
A
|
finqa854
|
Please answer the given financial question based on the context.
Context: tax returns for 2001 and beyond are open for examination under statute . currently , unrecognized tax benefits are not expected to change significantly over the next 12 months . 19 . stock-based and other management compensation plans in april 2009 , the company approved a global incentive plan which replaces the company 2019s 2004 stock incentive plan . the 2009 global incentive plan ( 201cgip 201d ) enables the compensation committee of the board of directors to award incentive and nonqualified stock options , stock appreciation rights , shares of series a common stock , restricted stock , restricted stock units ( 201crsus 201d ) and incentive bonuses ( which may be paid in cash or stock or a combination thereof ) , any of which may be performance-based , with vesting and other award provisions that provide effective incentive to company employees ( including officers ) , non-management directors and other service providers . under the 2009 gip , the company no longer can grant rsus with the right to participate in dividends or dividend equivalents . the maximum number of shares that may be issued under the 2009 gip is equal to 5350000 shares plus ( a ) any shares of series a common stock that remain available for issuance under the 2004 stock incentive plan ( 201csip 201d ) ( not including any shares of series a common stock that are subject to outstanding awards under the 2004 sip or any shares of series a common stock that were issued pursuant to awards under the 2004 sip ) and ( b ) any awards under the 2004 stock incentive plan that remain outstanding that cease for any reason to be subject to such awards ( other than by reason of exercise or settlement of the award to the extent that such award is exercised for or settled in vested and non-forfeitable shares ) . as of december 31 , 2010 , total shares available for awards and total shares subject to outstanding awards are as follows : shares available for awards shares subject to outstanding awards .
||shares available for awards|shares subject to outstanding awards|
|2009 global incentive plan|2322450|2530454|
|2004 stock incentive plan|-|5923147|
upon the termination of a participant 2019s employment with the company by reason of death or disability or by the company without cause ( as defined in the respective award agreements ) , an award in amount equal to ( i ) the value of the award granted multiplied by ( ii ) a fraction , ( x ) the numerator of which is the number of full months between grant date and the date of such termination , and ( y ) the denominator of which is the term of the award , such product to be rounded down to the nearest whole number , and reduced by ( iii ) the value of any award that previously vested , shall immediately vest and become payable to the participant . upon the termination of a participant 2019s employment with the company for any other reason , any unvested portion of the award shall be forfeited and cancelled without consideration . there was $ 19 million and $ 0 million of tax benefit realized from stock option exercises and vesting of rsus during the years ended december 31 , 2010 and 2009 , respectively . during the year ended december 31 , 2008 the company reversed $ 8 million of the $ 19 million tax benefit that was realized during the year ended december 31 , 2007 . deferred compensation in april 2007 , certain participants in the company 2019s 2004 deferred compensation plan elected to participate in a revised program , which includes both cash awards and restricted stock units ( see restricted stock units below ) . based on participation in the revised program , the company expensed $ 9 million , $ 10 million and $ 8 million during the years ended december 31 , 2010 , 2009 and 2008 , respectively , related to the revised program and made payments of $ 4 million during the year ended december 31 , 2010 to participants who left the company and $ 28 million to active employees during december 2010 . as of december 31 , 2010 , $ 1 million remains to be paid during 2011 under the revised program . as of december 31 , 2009 , there was no deferred compensation payable remaining associated with the 2004 deferred compensation plan . the company recorded expense related to participants continuing in the 2004 deferred %%transmsg*** transmitting job : d77691 pcn : 132000000 ***%%pcmsg|132 |00011|yes|no|02/09/2011 18:22|0|0|page is valid , no graphics -- color : n| .
Question: what portion of the total shares subject to outstanding awards is under the 2004 stock incentive plan?
Answer:
|
0.29933
|
what portion of the total shares subject to outstanding awards is under the 2004 stock incentive plan?
|
{
"options": {
"A": "0.2322450",
"B": "0.2530454",
"C": "0.5923147",
"D": "0.29933"
},
"goldenKey": "D"
}
|
{
"A": "0.2322450",
"B": "0.2530454",
"C": "0.5923147",
"D": "0.29933"
}
|
D
|
finqa855
|
Please answer the given financial question based on the context.
Context: jpmorgan chase & co./2015 annual report 67 five-year stock performance the following table and graph compare the five-year cumulative total return for jpmorgan chase & co . ( 201cjpmorgan chase 201d or the 201cfirm 201d ) common stock with the cumulative return of the s&p 500 index , the kbw bank index and the s&p financial index . the s&p 500 index is a commonly referenced united states of america ( 201cu.s . 201d ) equity benchmark consisting of leading companies from different economic sectors . the kbw bank index seeks to reflect the performance of banks and thrifts that are publicly traded in the u.s . and is composed of 24 leading national money center and regional banks and thrifts . the s&p financial index is an index of 87 financial companies , all of which are components of the s&p 500 . the firm is a component of all three industry indices . the following table and graph assume simultaneous investments of $ 100 on december 31 , 2010 , in jpmorgan chase common stock and in each of the above indices . the comparison assumes that all dividends are reinvested . december 31 , ( in dollars ) 2010 2011 2012 2013 2014 2015 .
|december 31 ( in dollars )|2010|2011|2012|2013|2014|2015|
|jpmorgan chase|$ 100.00|$ 80.03|$ 108.98|$ 148.98|$ 163.71|$ 177.40|
|kbw bank index|100.00|76.82|102.19|140.77|153.96|154.71|
|s&p financial index|100.00|82.94|106.78|144.79|166.76|164.15|
|s&p 500 index|100.00|102.11|118.44|156.78|178.22|180.67|
december 31 , ( in dollars ) .
Question: what was the 5 year return of the s&p 500 index?
Answer:
|
0.8067
|
what was the 5 year return of the s&p 500 index?
|
{
"options": {
"A": "0.8067",
"B": "0.18067",
"C": "1.8067",
"D": "0.067"
},
"goldenKey": "A"
}
|
{
"A": "0.8067",
"B": "0.18067",
"C": "1.8067",
"D": "0.067"
}
|
A
|
finqa856
|
Please answer the given financial question based on the context.
Context: entergy corporation and subsidiaries management 2019s financial discussion and analysis palisades plants and related assets to their fair values . see note 14 to the financial statements for further discussion of the impairment and related charges . as a result of the entergy louisiana and entergy gulf states louisiana business combination , results of operations for 2015 also include two items that occurred in october 2015 : 1 ) a deferred tax asset and resulting net increase in tax basis of approximately $ 334 million and 2 ) a regulatory liability of $ 107 million ( $ 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 write-off . 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 includes 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 is 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 .
Question: what portion of the net change in net revenue is due to retail electric price?
Answer:
|
0.82571
|
what portion of the net change in net revenue is due to retail electric price?
|
{
"options": {
"A": "0.82571",
"B": "0.289",
"C": "0.107",
"D": "0.014"
},
"goldenKey": "A"
}
|
{
"A": "0.82571",
"B": "0.289",
"C": "0.107",
"D": "0.014"
}
|
A
|
finqa857
|
Please answer the given financial question based on the context.
Context: of sales , competitive supply gross margin declined in south america , europe/africa and the caribbean and remained relatively flat in north america and asia . large utilities gross margin increased $ 201 million , or 37% ( 37 % ) , to $ 739 million in 2001 from $ 538 million in 2000 . excluding businesses acquired or that commenced commercial operations during 2001 and 2000 , large utilities gross margin increased 10% ( 10 % ) to $ 396 million in 2001 . large utilities gross margin as a percentage of revenues increased to 30% ( 30 % ) in 2001 from 25% ( 25 % ) in 2000 . in the caribbean ( which includes venezuela ) , large utility gross margin increased $ 166 million and was due to a full year of contribution from edc which was acquired in june 2000 . also , in north america , the gross margin contributions from both ipalco and cilcorp increased . growth distribution gross margin increased $ 165 million , or 126% ( 126 % ) to $ 296 million in 2001 from $ 131 million in 2000 . excluding businesses acquired during 2001 and 2000 , growth distribution gross margin increased 93% ( 93 % ) to $ 268 million in 2001 . growth distribution gross margin as a percentage of revenue increased to 18% ( 18 % ) in 2001 from 10% ( 10 % ) in 2000 . growth distribution business gross margin , as well as gross margin as a percentage of sales , increased in south america and the caribbean , but decreased in europe/africa and asia . in south america , growth distribution margin increased $ 157 million and was 38% ( 38 % ) of revenues . the increase is due primarily to sul 2019s sales of excess energy into the southeast market where rationing was taking place . in the caribbean , growth distribution margin increased $ 39 million and was 5% ( 5 % ) of revenues . the increase is due mainly to lower losses at ede este and an increase in contribution from caess . in europe/africa , growth distribution margin decreased $ 10 million and was negative due to losses at sonel . in asia , growth distribution margin decreased $ 18 million and was negative due primarily to an increase in losses at telasi . the breakdown of aes 2019s gross margin for the years ended december 31 , 2001 and 2000 , based on the geographic region in which they were earned , is set forth below. .
|north america|2001 $ 912 million|% ( % ) of revenue 25% ( 25 % )|2000 $ 844 million|% ( % ) of revenue 25% ( 25 % )|% ( % ) change 8% ( 8 % )|
|south america|$ 522 million|30% ( 30 % )|$ 416 million|36% ( 36 % )|25% ( 25 % )|
|caribbean*|$ 457 million|25% ( 25 % )|$ 226 million|21% ( 21 % )|102% ( 102 % )|
|europe/africa|$ 310 million|22% ( 22 % )|$ 371 million|29% ( 29 % )|( 16% ( 16 % ) )|
|asia|$ 101 million|15% ( 15 % )|$ 138 million|22% ( 22 % )|( 27% ( 27 % ) )|
* includes venezuela and colombia . selling , general and administrative expenses selling , general and administrative expenses increased $ 38 million , or 46% ( 46 % ) , to $ 120 million in 2001 from $ 82 million in 2000 . selling , general and administrative expenses as a percentage of revenues remained constant at 1% ( 1 % ) in 2001 and 2000 . the overall increase in selling , general and administrative expenses is due to increased development activities . interest expense , net net interest expense increased $ 327 million , or 29% ( 29 % ) , to $ 1.5 billion in 2001 from $ 1.1 billion in 2000 . net interest expense as a percentage of revenues increased to 16% ( 16 % ) in 2001 from 15% ( 15 % ) in 2000 . net interest expense increased overall primarily due to interest expense at new businesses , additional corporate interest expense arising from senior debt issued during 2001 to finance new investments and mark-to-market losses on interest rate related derivative instruments. .
Question: 2001 north american revenues were what in millions?
Answer:
|
3648.0
|
2001 north american revenues were what in millions?
|
{
"options": {
"A": "912",
"B": "844",
"C": "457",
"D": "3648"
},
"goldenKey": "D"
}
|
{
"A": "912",
"B": "844",
"C": "457",
"D": "3648"
}
|
D
|
finqa858
|
Please answer the given financial question based on the context.
Context: commodity prices risk : the company manages commodity price risks through negotiated supply contracts , price protection agreements and forward contracts . 3m used commodity price swaps as cash flow hedges of forecasted commodity transactions to manage price volatility , but discontinued this practice in the first quarter of 2015 . the related mark-to-market gain or loss on qualifying hedges was included in other comprehensive income to the extent effective , and reclassified into cost of sales in the period during which the hedged transaction affected earnings . value at risk : the value at risk analysis is performed annually to assess the company 2019s sensitivity to changes in currency rates , interest rates , and commodity prices . a monte carlo simulation technique was used to test the impact on after-tax earnings related to financial instruments ( primarily debt ) , derivatives and underlying exposures outstanding at december 31 , 2015 . the model ( third-party bank dataset ) used a 95 percent confidence level over a 12-month time horizon . the exposure to changes in currency rates model used 18 currencies , interest rates related to three currencies , and commodity prices related to five commodities . this model does not purport to represent what actually will be experienced by the company . this model does not include certain hedge transactions , because the company believes their inclusion would not materially impact the results . the risk of loss or benefit associated with exchange rates was higher in 2015 due to a greater mix of floating rate debt and a rising interest rate environment in the u.s . interest rate volatility increased in 2015 , based on a higher mix of floating rate debt and the use of forward rates . the following table summarizes the possible adverse and positive impacts to after-tax earnings related to these exposures . adverse impact on after-tax positive impact on after-tax earnings earnings .
|( millions )|adverse impact on after-tax earnings 2015|adverse impact on after-tax earnings 2014|adverse impact on after-tax earnings 2015|2014|
|foreign exchange rates|$ -254 ( 254 )|$ -164 ( 164 )|$ 273|$ 173|
|interest rates|-13 ( 13 )|-4 ( 4 )|9|3|
|commodity prices|-1 ( 1 )|-1 ( 1 )|1|1|
in addition to the possible adverse and positive impacts discussed in the preceding table related to foreign exchange rates , recent historical information is as follows . 3m estimates that year-on-year currency effects , including hedging impacts , had the following effects on pre-tax income : 2015 ( $ 390 million decrease ) and 2014 ( $ 100 million decrease ) . this estimate includes the effect of translating profits from local currencies into u.s . dollars ; the impact of currency fluctuations on the transfer of goods between 3m operations in the united states and abroad ; and transaction gains and losses , including derivative instruments designed to reduce foreign currency exchange rate risks and the negative impact of swapping venezuelan bolivars into u.s . dollars . 3m estimates that year-on-year derivative and other transaction gains and losses had the following effects on pre-tax income : 2015 ( $ 180 million increase ) and 2014 ( $ 10 million increase ) . an analysis of the global exposures related to purchased components and materials is performed at each year-end . a one percent price change would result in a pre-tax cost or savings of approximately $ 70 million per year . the global energy exposure is such that a ten percent price change would result in a pre-tax cost or savings of approximately $ 40 million per year . global energy exposure includes energy costs used in 3m production and other facilities , primarily electricity and natural gas. .
Question: what was the net foreign exchange rate in 2015 in millions
Answer:
|
19.0
|
what was the net foreign exchange rate in 2015 in millions
|
{
"options": {
"A": "273",
"B": "-254",
"C": "19.0",
"D": "-164"
},
"goldenKey": "C"
}
|
{
"A": "273",
"B": "-254",
"C": "19.0",
"D": "-164"
}
|
C
|
finqa860
|
Please answer the given financial question based on the context.
Context: part ii , item 7 until maturity , effectively making this a us dollar denominated debt on which schlumberger will pay interest in us dollars at a rate of 4.74% ( 4.74 % ) . the proceeds from these notes were used to repay commercial paper borrowings . 0160 on april 20 , 2006 , the schlumberger board of directors approved a share repurchase program of up to 40 million shares of common stock to be acquired in the open market before april 2010 , subject to market conditions . this program was completed during the second quarter of 2008 . on april 17 , 2008 , the schlumberger board of directors approved an $ 8 billion share repurchase program for shares of schlumberger common stock , to be acquired in the open market before december 31 , 2011 , of which $ 1.43 billion had been repurchased as of december 31 , 2009 . the following table summarizes the activity under these share repurchase programs during 2009 , 2008 and ( stated in thousands except per share amounts and prices ) total cost of shares purchased total number of shares purchased average price paid per share .
||total cost of shares purchased|total number of shares purchased|average price paid per share|
|2009|$ 500097|7825.0|$ 63.91|
|2008|$ 1818841|21064.7|$ 86.35|
|2007|$ 1355000|16336.1|$ 82.95|
0160 cash flow provided by operations was $ 5.3 billion in 2009 , $ 6.9 billion in 2008 and $ 6.3 billion in 2007 . the decline in cash flow from operations in 2009 as compared to 2008 was primarily driven by the decrease in net income experienced in 2009 and the significant pension plan contributions made during 2009 , offset by an improvement in working capital requirements . the improvement in 2008 as compared to 2007 was driven by the net income increase experienced in 2008 offset by required investments in working capital . the reduction in cash flows experienced by some of schlumberger 2019s customers as a result of global economic conditions could have significant adverse effects on their financial condition . this could result in , among other things , delay in , or nonpayment of , amounts that are owed to schlumberger , which could have a material adverse effect on schlumberger 2019s results of operations and cash flows . at times in recent quarters , schlumberger has experienced delays in payments from certain of its customers . schlumberger operates in approximately 80 countries . at december 31 , 2009 , only three of those countries individually accounted for greater than 5% ( 5 % ) of schlumberger 2019s accounts receivable balance of which only one represented greater than 0160 during 2008 and 2007 , schlumberger announced that its board of directors had approved increases in the quarterly dividend of 20% ( 20 % ) and 40% ( 40 % ) , respectively . total dividends paid during 2009 , 2008 and 2007 were $ 1.0 billion , $ 964 million and $ 771 million , respectively . 0160 capital expenditures were $ 2.4 billion in 2009 , $ 3.7 billion in 2008 and $ 2.9 billion in 2007 . capital expenditures in 2008 and 2007 reflected the record activity levels experienced in those years . the decrease in capital expenditures in 2009 as compared to 2008 is primarily due to the significant activity decline during 2009 . oilfield services capital expenditures are expected to approach $ 2.4 billion for the full year 2010 as compared to $ 1.9 billion in 2009 and $ 3.0 billion in 2008 . westerngeco capital expenditures are expected to approach $ 0.3 billion for the full year 2010 as compared to $ 0.5 billion in 2009 and $ 0.7 billion in 2008. .
Question: by how much did the average price per share decrease from 2007 to 2009?
Answer:
|
-0.22954
|
by how much did the average price per share decrease from 2007 to 2009?
|
{
"options": {
"A": "-0.22954",
"B": "0.22954",
"C": "-0.22954%",
"D": "0.22954%"
},
"goldenKey": "A"
}
|
{
"A": "-0.22954",
"B": "0.22954",
"C": "-0.22954%",
"D": "0.22954%"
}
|
A
|
finqa861
|
Please answer the given financial question based on the context.
Context: reasonably possible that such matters will be resolved in the next twelve months , but we do not anticipate that the resolution of these matters would result in any material impact on our results of operations or financial position . foreign jurisdictions have statutes of limitations generally ranging from 3 to 5 years . years still open to examination by foreign tax authorities in major jurisdictions include australia ( 2003 onward ) , canada ( 2002 onward ) , france ( 2006 onward ) , germany ( 2005 onward ) , italy ( 2005 onward ) , japan ( 2002 onward ) , puerto rico ( 2005 onward ) , singapore ( 2003 onward ) , switzerland ( 2006 onward ) and the united kingdom ( 2006 onward ) . our tax returns are currently under examination in various foreign jurisdictions . the most significant foreign tax jurisdiction under examination is the united kingdom . it is reasonably possible that such audits will be resolved in the next twelve months , but we do not anticipate that the resolution of these audits would result in any material impact on our results of operations or financial position . 13 . capital stock and earnings per share we are authorized to issue 250 million shares of preferred stock , none of which were issued or outstanding as of december 31 , 2008 . the numerator for both basic and diluted earnings per share is net earnings available to common stockholders . the denominator for basic earnings per share is the weighted average number of common shares outstanding during the period . the denominator for diluted earnings per share is weighted average shares outstanding adjusted for the effect of dilutive stock options and other equity awards . the following is a reconciliation of weighted average shares for the basic and diluted share computations for the years ending december 31 ( in millions ) : .
||2008|2007|2006|
|weighted average shares outstanding for basic net earnings per share|227.3|235.5|243.0|
|effect of dilutive stock options and other equity awards|1.0|2.0|2.4|
|weighted average shares outstanding for diluted net earnings per share|228.3|237.5|245.4|
weighted average shares outstanding for basic net earnings per share 227.3 235.5 243.0 effect of dilutive stock options and other equity awards 1.0 2.0 2.4 weighted average shares outstanding for diluted net earnings per share 228.3 237.5 245.4 for the year ended december 31 , 2008 , an average of 11.2 million options to purchase shares of common stock were not included in the computation of diluted earnings per share as the exercise prices of these options were greater than the average market price of the common stock . for the years ended december 31 , 2007 and 2006 , an average of 3.1 million and 7.6 million options , respectively , were not included . during 2008 , we repurchased approximately 10.8 million shares of our common stock at an average price of $ 68.72 per share for a total cash outlay of $ 737.0 million , including commissions . in april 2008 , we announced that our board of directors authorized a $ 1.25 billion share repurchase program which expires december 31 , 2009 . approximately $ 1.13 billion remains authorized under this plan . 14 . segment data we design , develop , manufacture and market orthopaedic and dental reconstructive implants , spinal implants , trauma products and related surgical products which include surgical supplies and instruments designed to aid in orthopaedic surgical procedures and post-operation rehabilitation . we also provide other healthcare-related services . revenue related to these services currently represents less than 1 percent of our total net sales . we manage operations through three major geographic segments 2013 the americas , which is comprised principally of the united states and includes other north , central and south american markets ; europe , which is comprised principally of europe and includes the middle east and africa ; and asia pacific , which is comprised primarily of japan and includes other asian and pacific markets . this structure is the basis for our reportable segment information discussed below . management evaluates operating segment performance based upon segment operating profit exclusive of operating expenses pertaining to global operations and corporate expenses , share-based compensation expense , settlement , certain claims , acquisition , integration and other expenses , inventory step-up , in-process research and development write-offs and intangible asset amortization expense . global operations include research , development engineering , medical education , brand management , corporate legal , finance , and human resource functions , and u.s . and puerto rico-based manufacturing operations and logistics . intercompany transactions have been eliminated from segment operating profit . management reviews accounts receivable , inventory , property , plant and equipment , goodwill and intangible assets by reportable segment exclusive of u.s and puerto rico-based manufacturing operations and logistics and corporate assets . z i m m e r h o l d i n g s , i n c . 2 0 0 8 f o r m 1 0 - k a n n u a l r e p o r t notes to consolidated financial statements ( continued ) %%transmsg*** transmitting job : c48761 pcn : 058000000 ***%%pcmsg|58 |00011|yes|no|02/24/2009 19:25|0|0|page is valid , no graphics -- color : d| .
Question: percent change of average shares outstanding when taking dilution into consideration in 2008?
Answer:
|
0.0044
|
percent change of average shares outstanding when taking dilution into consideration in 2008?
|
{
"options": {
"A": "0.0044",
"B": "0.0092",
"C": "0.0136",
"D": "0.0188"
},
"goldenKey": "A"
}
|
{
"A": "0.0044",
"B": "0.0092",
"C": "0.0136",
"D": "0.0188"
}
|
A
|
finqa862
|
Please answer the given financial question based on the context.
Context: to determine stock-based compensation expense , the grant date fair value is applied to the options granted with a reduction for estimated forfeitures . we recognize compensation expense for stock options on a straight-line basis over the specified vesting period . at december 31 , 2012 and 2011 , options for 12759000 and 12337000 shares of common stock were exercisable at a weighted-average price of $ 90.86 and $ 106.08 , respectively . the total intrinsic value of options exercised during 2013 , 2012 and 2011 was $ 86 million , $ 37 million and $ 4 million , respectively . the total tax benefit recognized related to compensation expense on all share-based payment arrangements during 2013 , 2012 and 2011 was approximately $ 56 million , $ 37 million and $ 38 million , respectively . cash received from option exercises under all incentive plans for 2013 , 2012 and 2011 was approximately $ 208 million , $ 118 million and $ 41 million , respectively . the tax benefit realized from option exercises under all incentive plans for 2013 , 2012 and 2011 was approximately $ 31 million , $ 14 million and $ 1 million , respectively . shares of common stock available during the next year for the granting of options and other awards under the incentive plans were 24535159 at december 31 , 2013 . total shares of pnc common stock authorized for future issuance under equity compensation plans totaled 25712719 shares at december 31 , 2013 , which includes shares available for issuance under the incentive plans and the employee stock purchase plan ( espp ) as described below . during 2013 , we issued approximately 2.6 million shares from treasury stock in connection with stock option exercise activity . as with past exercise activity , we currently intend to utilize primarily treasury stock for any future stock option exercises . awards granted to non-employee directors in 2013 , 2012 and 2011 include 27076 , 25620 and 27090 deferred stock units , respectively , awarded under the outside directors deferred stock unit plan . a deferred stock unit is a phantom share of our common stock , which is accounted for as a liability until such awards are paid to the participants in cash . as there are no vesting or service requirements on these awards , total compensation expense is recognized in full for these awards on the date of grant . incentive/performance unit share awards and restricted stock/share unit awards the fair value of nonvested incentive/performance unit share awards and restricted stock/share unit awards is initially determined based on prices not less than the market value of our common stock on the date of grant . the value of certain incentive/performance unit share awards is subsequently remeasured based on the achievement of one or more financial and other performance goals , generally over a three-year period . the personnel and compensation committee ( 201cp&cc 201d ) of the board of directors approves the final award payout with respect to certain incentive/performance unit share awards . restricted stock/share unit awards have various vesting periods generally ranging from 3 years to 5 years . beginning in 2013 , we incorporated several enhanced risk- related performance changes to certain long-term incentive compensation programs . in addition to achieving certain financial performance metrics on both an absolute basis and relative to our peers , final payout amounts will be subject to reduction if pnc fails to meet certain risk-related performance metrics as specified in the award agreement . however , the p&cc has the discretion to waive any or all of this reduction under certain circumstances . these awards have either a three- year or a four-year performance period and are payable in either stock or a combination of stock and cash . additionally , performance-based restricted share units were granted in 2013 to certain executives as part of annual bonus deferral criteria . these units , payable solely in stock , vest ratably over a four-year period and contain the same risk- related discretionary criteria noted in the preceding paragraph . the weighted-average grant date fair value of incentive/ performance unit share awards and restricted stock/unit awards granted in 2013 , 2012 and 2011 was $ 64.77 , $ 60.68 and $ 63.25 per share , respectively . the total fair value of incentive/performance unit share and restricted stock/unit awards vested during 2013 , 2012 and 2011 was approximately $ 63 million , $ 55 million and $ 52 million , respectively . we recognize compensation expense for such awards ratably over the corresponding vesting and/or performance periods for each type of program . table 124 : nonvested incentive/performance unit share awards and restricted stock/share unit awards 2013 rollforward shares in thousands nonvested incentive/ performance unit shares weighted- average grant date fair value nonvested restricted stock/ weighted- average grant date fair value .
|shares in thousands december 31 2012|nonvested incentive/ performance unit shares 1119|weighted- average grant date fair value $ 61.14|nonvested restricted stock/ share units 3061|weighted- average grant date fair value $ 60.04|
|granted|926|64.36|1288|65.06|
|vested/released|-326 ( 326 )|58.26|-674 ( 674 )|55.22|
|forfeited|-72 ( 72 )|62.02|-192 ( 192 )|62.37|
|december 31 2013|1647|$ 63.49|3483|$ 62.70|
the pnc financial services group , inc . 2013 form 10-k 187 .
Question: for 2013 , what was the change in shares in thousands of nonvested incentive/ performance unit shares?
Answer:
|
528.0
|
for 2013 , what was the change in shares in thousands of nonvested incentive/ performance unit shares?
|
{
"options": {
"A": "1119",
"B": "926",
"C": "1647",
"D": "528"
},
"goldenKey": "D"
}
|
{
"A": "1119",
"B": "926",
"C": "1647",
"D": "528"
}
|
D
|
finqa863
|
Please answer the given financial question based on the context.
Context: notes to consolidated financial statements at december 31 , 2007 , future minimum rental payments required under operating leases for continuing operations that have initial or remaining noncancelable lease terms in excess of one year , net of sublease rental income , most of which pertain to real estate leases , are as follows : ( millions ) .
|2008|$ 317|
|2009|275|
|2010|236|
|2011|214|
|2012|191|
|later years|597|
|total minimum payments required|$ 1830|
aon corporation .
Question: what is the percentual decrease observed in the future minimum rental payments during 2008 and 2009?
Answer:
|
-0.13249
|
what is the percentual decrease observed in the future minimum rental payments during 2008 and 2009?
|
{
"options": {
"A": "-0.13249",
"B": "0.13249",
"C": "-13.249%",
"D": "13.249%"
},
"goldenKey": "A"
}
|
{
"A": "-0.13249",
"B": "0.13249",
"C": "-13.249%",
"D": "13.249%"
}
|
A
|
finqa864
|
Please answer the given financial question based on the context.
Context: adobe systems incorporated notes to consolidated financial statements ( continued ) note 8 . other assets other assets as of november 27 , 2009 and november 28 , 2008 consisted of the following ( in thousands ) : .
||2009|2008|
|acquired rights to use technology|$ 84313|$ 90643|
|investments|63526|76589|
|security and other deposits|11692|16087|
|prepaid royalties|12059|9026|
|deferred compensation plan assets|9045|7560|
|restricted cash|4650|7361|
|prepaid land lease|3209|3185|
|prepaid rent|1377|2658|
|other|1394|3420|
|other assets|$ 191265|$ 216529|
acquired rights to use technology purchased during fiscal 2009 and fiscal 2008 was $ 6.0 million and $ 100.4 million , respectively . of the cost for fiscal 2008 , an estimated $ 56.4 million was related to future licensing rights and has been capitalized and is being amortized on a straight-line basis over the estimated useful lives up to fifteen years . of the remaining costs for fiscal 2008 , we estimated that $ 27.2 million was related to historical use of licensing rights which was expensed as cost of sales and the residual of $ 16.8 million for fiscal 2008 was expensed as general and administrative costs . in connection with these licensing arrangements , we have the ability to acquire additional rights to use technology in the future . see note 17 for further information regarding our contractual commitments . in general , acquired rights to use technology are amortized over their estimated useful lives of 3 to 15 years . included in investments are our indirect investments through our limited partnership interest in adobe ventures of approximately $ 37.1 million and $ 39.0 million as of november 27 , 2009 and november 28 , 2008 , respectively , which is consolidated in accordance with the provisions for consolidating variable interest entities . the partnership is controlled by granite ventures , an independent venture capital firm and sole general partner of adobe ventures . we are the primary beneficiary of adobe ventures and bear virtually all of the risks and rewards related to our ownership . our investment in adobe ventures does not have a significant impact on our consolidated financial position , results of operations or cash flows . adobe ventures carries its investments in equity securities at estimated fair value and investment gains and losses are included in our consolidated statements of income . substantially all of the investments held by adobe ventures at november 27 , 2009 and november 28 , 2008 are not publicly traded and , therefore , there is no established market for these securities . in order to determine the fair value of these investments , we use the most recent round of financing involving new non-strategic investors or estimates of current market value made by granite ventures . it is our policy to evaluate the fair value of these investments held by adobe ventures , as well as our direct investments , on a regular basis . this evaluation includes , but is not limited to , reviewing each company 2019s cash position , financing needs , earnings and revenue outlook , operational performance , management and ownership changes and competition . in the case of privately-held companies , this evaluation is based on information that we request from these companies . this information is not subject to the same disclosure regulations as u.s . publicly traded companies and as such , the basis for these evaluations is subject to the timing and the accuracy of the data received from these companies . see note 4 for further information regarding adobe ventures . also included in investments are our direct investments in privately-held companies of approximately $ 26.4 million and $ 37.6 million as of november 27 , 2009 and november 28 , 2008 , respectively , which are accounted for based on the cost method . we assess these investments for impairment in value as circumstances dictate . see note 4 for further information regarding our cost method investments . we entered into a purchase and sale agreement , effective may 12 , 2008 , for the acquisition of real property located in waltham , massachusetts . we purchased the property upon completion of construction of an office building shell and core , parking structure , and site improvements . the purchase price for the property was $ 44.7 million and closed on june 16 , 2009 . we made an initial deposit of $ 7.0 million which was included in security and other deposits as of november 28 , 2008 and the remaining balance was paid at closing . this deposit was held in escrow until closing and then applied to the purchase price. .
Question: what is the growth rate in the other assets from 2008 to 2009?
Answer:
|
-0.11668
|
what is the growth rate in the other assets from 2008 to 2009?
|
{
"options": {
"A": "-0.11668",
"B": "0.11668",
"C": "-0.03497",
"D": "0.03497"
},
"goldenKey": "A"
}
|
{
"A": "-0.11668",
"B": "0.11668",
"C": "-0.03497",
"D": "0.03497"
}
|
A
|
finqa865
|
Please answer the given financial question based on the context.
Context: table of contents capital deployment program will be subject to market and economic conditions , applicable legal requirements and other relevant factors . our capital deployment program does not obligate us to continue a dividend for any fixed period , and payment of dividends may be suspended at any time at our discretion . stock performance graph the following stock performance graph and related information shall not be deemed 201csoliciting material 201d or 201cfiled 201d with the securities and exchange commission , nor shall such information be incorporated by reference into any future filings under the securities act of 1933 or the exchange act , each as amended , except to the extent that we specifically incorporate it by reference into such filing . the following stock performance graph compares our cumulative total stockholder return on an annual basis on our common stock with the cumulative total return on the standard and poor 2019s 500 stock index and the amex airline index from december 9 , 2013 ( the first trading day of aag common stock ) through december 31 , 2015 . the comparison assumes $ 100 was invested on december 9 , 2013 in aag common stock and in each of the foregoing indices and assumes reinvestment of dividends . the stock performance shown on the graph below represents historical stock performance and is not necessarily indicative of future stock price performance. .
||12/9/2013|12/31/2013|12/31/2014|12/31/2015|
|american airlines group inc .|$ 100|$ 103|$ 219|$ 175|
|amex airline index|100|102|152|127|
|s&p 500|100|102|114|113|
purchases of equity securities by the issuer and affiliated purchasers since july 2014 , our board of directors has approved several share repurchase programs aggregating $ 7.0 billion of authority of which , as of december 31 , 2015 , $ 2.4 billion remained unused under repurchase programs .
Question: by how much did american airlines group inc . common stock out preform the s&p 500 index over the 4 year period?
Answer:
|
0.48
|
by how much did american airlines group inc . common stock out preform the s&p 500 index over the 4 year period?
|
{
"options": {
"A": "0.03",
"B": "0.48",
"C": "0.99",
"D": "1.01"
},
"goldenKey": "B"
}
|
{
"A": "0.03",
"B": "0.48",
"C": "0.99",
"D": "1.01"
}
|
B
|
finqa866
|
Please answer the given financial question based on the context.
Context: long-term product offerings include active and index strategies . our active strategies seek to earn attractive returns in excess of a market benchmark or performance hurdle while maintaining an appropriate risk profile . we offer two types of active strategies : those that rely primarily on fundamental research and those that utilize primarily quantitative models to drive portfolio construction . in contrast , index strategies seek to closely track the returns of a corresponding index , generally by investing in substantially the same underlying securities within the index or in a subset of those securities selected to approximate a similar risk and return profile of the index . index strategies include both our non-etf index products and ishares etfs . althoughmany clients use both active and index strategies , the application of these strategies may differ . for example , clients may use index products to gain exposure to a market or asset class . in addition , institutional non-etf index assignments tend to be very large ( multi-billion dollars ) and typically reflect low fee rates . this has the potential to exaggerate the significance of net flows in institutional index products on blackrock 2019s revenues and earnings . equity year-end 2014 equity aum of $ 2.451 trillion increased by $ 133.4 billion , or 6% ( 6 % ) , from the end of 2013 due to net new business of $ 52.4 billion and net market appreciation and foreign exchange movements of $ 81.0 billion . net inflows were driven by $ 59.6 billion and $ 17.7 billion into ishares and non-etf index accounts , respectively . index inflows were offset by active net outflows of $ 24.9 billion , with outflows of $ 18.0 billion and $ 6.9 billion from fundamental and scientific active equity products , respectively . blackrock 2019s effective fee rates fluctuate due to changes in aummix . approximately half of blackrock 2019s equity aum is tied to international markets , including emerging markets , which tend to have higher fee rates than similar u.s . equity strategies . accordingly , fluctuations in international equity markets , which do not consistently move in tandemwith u.s . markets , may have a greater impact on blackrock 2019s effective equity fee rates and revenues . fixed income fixed income aum ended 2014 at $ 1.394 trillion , increasing $ 151.5 billion , or 12% ( 12 % ) , from december 31 , 2013 . the increase in aum reflected $ 96.4 billion in net new business and $ 55.1 billion in net market appreciation and foreign exchange movements . in 2014 , net new business was diversified across fixed income offerings , with strong flows into our unconstrained , total return and high yield products . flagship funds in these product areas include our unconstrained strategic income opportunities and fixed income global opportunities funds , with net inflows of $ 13.3 billion and $ 4.2 billion , respectively ; our total return fund with net inflows of $ 2.1 billion ; and our high yield bond fund with net inflows of $ 2.1 billion . fixed income net inflows were positive across investment styles , with ishares , non- etf index , and active net inflows of $ 40.0 billion , $ 28.7 billion and $ 27.7 billion , respectively . multi-asset class blackrock 2019s multi-asset class teammanages a variety of balanced funds and bespoke mandates for a diversified client base that leverages our broad investment expertise in global equities , currencies , bonds and commodities , and our extensive risk management capabilities . investment solutions might include a combination of long-only portfolios and alternative investments as well as tactical asset allocation overlays . component changes in multi-asset class aum for 2014 are presented below . ( in millions ) december 31 , 2013 net inflows ( outflows ) market change fx impact december 31 , 2014 .
|( in millions )|december 31 2013|net inflows ( outflows )|market change|fx impact|december 31 2014|
|asset allocation and balanced|$ 169604|$ 18387|$ -827 ( 827 )|$ -4132 ( 4132 )|$ 183032|
|target date/risk|111408|10992|7083|-872 ( 872 )|128611|
|fiduciary|60202|-474 ( 474 )|14788|-8322 ( 8322 )|66194|
|multi-asset|$ 341214|$ 28905|$ 21044|$ -13326 ( 13326 )|$ 377837|
flows reflected ongoing institutional demand for our solutions-based advice with $ 15.1 billion , or 52% ( 52 % ) , of net inflows coming from institutional clients . defined contribution plans of institutional clients remained a significant driver of flows , and contributed $ 12.8 billion to institutional multi- asset class net new business in 2014 , primarily into target date and target risk product offerings . retail net inflows of $ 13.4 billion were driven by particular demand for our multi- asset income fund , which raised $ 6.3 billion in 2014 . the company 2019s multi-asset strategies include the following : 2022 asset allocation and balanced products represented 48% ( 48 % ) of multi-asset class aum at year-end , with growth in aum driven by net new business of $ 18.4 billion . these strategies combine equity , fixed income and alternative components for investors seeking a tailored solution relative to a specific benchmark and within a risk budget . in certain cases , these strategies seek to minimize downside risk through diversification , derivatives strategies and tactical asset allocation decisions . flagship products in this category include our global allocation andmulti-asset income suites . 2022 target date and target risk products grew 10% ( 10 % ) organically in 2014 . institutional investors represented 90% ( 90 % ) of target date and target risk aum , with defined contribution plans accounting for over 80% ( 80 % ) of aum . the remaining 10% ( 10 % ) of target date and target risk aum consisted of retail client investments . flows were driven by defined contribution investments in our lifepath and lifepath retirement income ae offerings . lifepath products utilize a proprietary asset allocation model that seeks to balance risk and return over an investment horizon based on the investor 2019s expected retirement timing . 2022 fiduciary management services are complex mandates in which pension plan sponsors or endowments and foundations retain blackrock to assume responsibility for some or all aspects of planmanagement . these customized services require strong partnership with the clients 2019 investment staff and trustees in order to tailor investment strategies to meet client-specific risk budgets and return objectives. .
Question: in 2014 , what percent of the multi asset value was the value of of asset allocation and balanced?
Answer:
|
0.48442
|
in 2014 , what percent of the multi asset value was the value of of asset allocation and balanced?
|
{
"options": {
"A": "0.48442",
"B": "0.52158",
"C": "0.51558",
"D": "0.49842"
},
"goldenKey": "A"
}
|
{
"A": "0.48442",
"B": "0.52158",
"C": "0.51558",
"D": "0.49842"
}
|
A
|
finqa867
|
Please answer the given financial question based on the context.
Context: performance graph the following graph compares the cumulative five-year total return provided shareholders on our class a common stock relative to the cumulative total returns of the s&p 500 index and two customized peer groups . the old peer group includes intercontinentalexchange , inc. , nyse euronext and the nasdaq omx group inc . the new peer group is the same as the old peer group with the addition of cboe holdings , inc . which completed its initial public offering in june 2010 . an investment of $ 100 ( with reinvestment of all dividends ) is assumed to have been made in our class a common stock , in the peer groups and the s&p 500 index on december 31 , 2005 and its relative performance is tracked through december 31 , 2010 . comparison of 5 year cumulative total return* among cme group inc. , the s&p 500 index , an old peer group and a new peer group 12/05 12/06 12/07 12/08 12/09 12/10 cme group inc . s&p 500 old peer group *$ 100 invested on 12/31/05 in stock or index , including reinvestment of dividends . fiscal year ending december 31 . copyright a9 2011 s&p , a division of the mcgraw-hill companies inc . all rights reserved . new peer group the stock price performance included in this graph is not necessarily indicative of future stock price performance .
||2006|2007|2008|2009|2010|
|cme group inc .|$ 139.48|$ 188.81|$ 58.66|$ 96.37|$ 93.73|
|s&p 500|115.80|122.16|76.96|97.33|111.99|
|old peer group|155.58|190.78|72.25|76.11|87.61|
|new peer group|155.58|190.78|72.25|76.11|87.61|
.
Question: did the cme group outperform the new peer group?
Answer:
|
yes
|
did the cme group outperform the new peer group?
|
{
"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
|
finqa868
|
Please answer the given financial question based on the context.
Context: during 2012 , the company granted selected employees an aggregate of 139 thousand rsus with internal performance measures and , separately , certain market thresholds . these awards vested in january 2015 . the terms of the grants specified that to the extent certain performance goals , comprised of internal measures and , separately , market thresholds were achieved , the rsus would vest ; if performance goals were surpassed , up to 175% ( 175 % ) of the target awards would be distributed ; and if performance goals were not met , the awards would be forfeited . in january 2015 , an additional 93 thousand rsus were granted and distributed because performance thresholds were exceeded . in 2015 , 2014 and 2013 , the company granted rsus , both with and without performance conditions , to certain employees under the 2007 plan . the rsus without performance conditions vest ratably over the three- year service period beginning january 1 of the year of the grant and the rsus with performance conditions vest ratably over the three-year performance period beginning january 1 of the year of the grant ( the 201cperformance period 201d ) . distribution of the performance shares is contingent upon the achievement of internal performance measures and , separately , certain market thresholds over the performance period . during 2015 , 2014 and 2013 , the company granted rsus to non-employee directors under the 2007 plan . the rsus vested on the date of grant ; however , distribution of the shares will be made within 30 days of the earlier of : ( i ) 15 months after grant date , subject to any deferral election by the director ; or ( ii ) the participant 2019s separation from service . because these rsus vested on the grant date , the total grant date fair value was recorded in operation and maintenance expense included in the expense table above on the grant date . rsus generally vest over periods ranging from one to three years . rsus granted with service-only conditions and those with internal performance measures are valued at the market value of the closing price of the company 2019s common stock on the date of grant . rsus granted with market conditions are valued using a monte carlo model . expected volatility is based on historical volatilities of traded common stock of the company and comparative companies using daily stock prices over the past three years . the expected term is three years and the risk-free interest rate is based on the three-year u.s . treasury rate in effect as of the measurement date . the following table presents the weighted-average assumptions used in the monte carlo simulation and the weighted-average grant date fair values of rsus granted for the years ended december 31: .
||2015|2014|2013|
|expected volatility|14.93% ( 14.93 % )|17.78% ( 17.78 % )|19.37% ( 19.37 % )|
|risk-free interest rate|1.07% ( 1.07 % )|0.75% ( 0.75 % )|0.40% ( 0.40 % )|
|expected life ( years )|3.0|3.0|3.0|
|grant date fair value per share|$ 62.10|$ 45.45|$ 40.13|
the grant date fair value of restricted stock awards that vest ratably and have market and/or performance and service conditions are amortized through expense over the requisite service period using the graded-vesting method . rsus that have no performance conditions are amortized through expense over the requisite service period using the straight-line method and are included in operations expense in the accompanying consolidated statements of operations . as of december 31 , 2015 , $ 4 of total unrecognized compensation cost related to the nonvested restricted stock units is expected to be recognized over the weighted-average remaining life of 1.4 years . the total grant date fair value of rsus vested was $ 12 , $ 11 and $ 9 for the years ended december 31 , 2015 , 2014 and 2013. .
Question: what was the growth rate of the grant date fair value of rsus vested from 2013 to 2014
Answer:
|
0.22222
|
what was the growth rate of the grant date fair value of rsus vested from 2013 to 2014
|
{
"options": {
"A": "0.22222",
"B": "0.25",
"C": "0.33333",
"D": "0.5"
},
"goldenKey": "A"
}
|
{
"A": "0.22222",
"B": "0.25",
"C": "0.33333",
"D": "0.5"
}
|
A
|
finqa869
|
Please answer the given financial question based on the context.
Context: the agencies consider many factors in determining the final rating of an insurance company . one consideration is the relative level of statutory surplus necessary to support the business written . statutory surplus represents the capital of the insurance company reported in accordance with accounting practices prescribed by the applicable state insurance department . see part i , item 1a . risk factors 2014 201cdowngrades in our financial strength or credit ratings , which may make our products less attractive , could increase our cost of capital and inhibit our ability to refinance our debt , which would have a material adverse effect on our business , financial condition , results of operations and liquidity . 201d statutory surplus the table below sets forth statutory surplus for the company 2019s insurance companies as of december 31 , 2014 and 2013: .
||2014|2013|
|u.s . life insurance subsidiaries includes domestic captive insurance subsidiaries in 2013|$ 7157|$ 6639|
|property and casualty insurance subsidiaries|8069|8022|
|total|$ 15226|$ 14661|
statutory capital and surplus for the u.s . life insurance subsidiaries , including domestic captive insurance subsidiaries in 2013 , increased by $ 518 , primarily due to variable annuity surplus impacts of $ 788 , net income from non-variable annuity business of $ 187 , increases in unrealized gains from other invested assets carrying values of $ 138 , partially offset by returns of capital of $ 500 , and changes in reserves on account of change in valuation basis of $ 100 . effective april 30 , 2014 the last domestic captive ceased operations . statutory capital and surplus for the property and casualty insurance increased by $ 47 , primarily due to statutory net income of $ 1.1 billion , and unrealized gains on investments of $ 1.4 billion , largely offset by dividends to the hfsg holding company of $ 2.5 billion . the company also held regulatory capital and surplus for its former operations in japan until the sale of those operations on june 30 , 2014 . under the accounting practices and procedures governed by japanese regulatory authorities , the company 2019s statutory capital and surplus was $ 1.2 billion as of december 31 , 2013. .
Question: what portion of the total statutory surplus is related to property and casualty insurance subsidiaries in 2014?
Answer:
|
0.52995
|
what portion of the total statutory surplus is related to property and casualty insurance subsidiaries in 2014?
|
{
"options": {
"A": "0.52995",
"B": "0.47005",
"C": "0.552",
"D": "0.448"
},
"goldenKey": "A"
}
|
{
"A": "0.52995",
"B": "0.47005",
"C": "0.552",
"D": "0.448"
}
|
A
|
finqa870
|
Please answer the given financial question based on the context.
Context: in january 2016 , the company issued $ 800 million of debt securities consisting of a $ 400 million aggregate principal three year fixed rate note with a coupon rate of 2.00% ( 2.00 % ) and a $ 400 million aggregate principal seven year fixed rate note with a coupon rate of 3.25% ( 3.25 % ) . the proceeds were used to repay a portion of the company 2019s outstanding commercial paper , repay the remaining term loan balance , and for general corporate purposes . the company 2019s public notes and 144a notes may be redeemed by the company at its option at redemption prices that include accrued and unpaid interest and a make-whole premium . upon the occurrence of a change of control accompanied by a downgrade of the notes below investment grade rating , within a specified time period , the company would be required to offer to repurchase the public notes and 144a notes at a price equal to 101% ( 101 % ) of the aggregate principal amount thereof , plus any accrued and unpaid interest to the date of repurchase . the public notes and 144a notes are senior unsecured and unsubordinated obligations of the company and rank equally with all other senior and unsubordinated indebtedness of the company . the company entered into a registration rights agreement in connection with the issuance of the 144a notes . subject to certain limitations set forth in the registration rights agreement , the company has agreed to ( i ) file a registration statement ( the 201cexchange offer registration statement 201d ) with respect to registered offers to exchange the 144a notes for exchange notes ( the 201cexchange notes 201d ) , which will have terms identical in all material respects to the new 10-year notes and new 30-year notes , as applicable , except that the exchange notes will not contain transfer restrictions and will not provide for any increase in the interest rate thereon in certain circumstances and ( ii ) use commercially reasonable efforts to cause the exchange offer registration statement to be declared effective within 270 days after the date of issuance of the 144a notes . until such time as the exchange offer registration statement is declared effective , the 144a notes may only be sold in accordance with rule 144a or regulation s of the securities act of 1933 , as amended . private notes the company 2019s private notes may be redeemed by the company at its option at redemption prices that include accrued and unpaid interest and a make-whole premium . upon the occurrence of specified changes of control involving the company , the company would be required to offer to repurchase the private notes at a price equal to 100% ( 100 % ) of the aggregate principal amount thereof , plus any accrued and unpaid interest to the date of repurchase . additionally , the company would be required to make a similar offer to repurchase the private notes upon the occurrence of specified merger events or asset sales involving the company , when accompanied by a downgrade of the private notes below investment grade rating , within a specified time period . the private notes are unsecured senior obligations of the company and rank equal in right of payment with all other senior indebtedness of the company . the private notes shall be unconditionally guaranteed by subsidiaries of the company in certain circumstances , as described in the note purchase agreements as amended . other debt during 2015 , the company acquired the beneficial interest in the trust owning the leased naperville facility resulting in debt assumption of $ 100.2 million and the addition of $ 135.2 million in property , plant and equipment . certain administrative , divisional , and research and development personnel are based at the naperville facility . cash paid as a result of the transaction was $ 19.8 million . the assumption of debt and the majority of the property , plant and equipment addition represented non-cash financing and investing activities , respectively . the remaining balance on the assumed debt was settled in december 2017 and was reflected in the "other" line of the table above at december 31 , 2016 . covenants and future maturities the company is in compliance with all covenants under the company 2019s outstanding indebtedness at december 31 , 2017 . as of december 31 , 2017 , the aggregate annual maturities of long-term debt for the next five years were : ( millions ) .
|2018|$ 550|
|2019|397|
|2020|300|
|2021|1017|
|2022|497|
.
Question: is the long term debt maturing in 2021 greater than 2022?
Answer:
|
yes
|
is the long term debt maturing in 2021 greater than 2022?
|
{
"options": {
"A": "Yes",
"B": "No",
"C": "Cannot be determined",
"D": "Not mentioned in the context"
},
"goldenKey": "A"
}
|
{
"A": "Yes",
"B": "No",
"C": "Cannot be determined",
"D": "Not mentioned in the context"
}
|
A
|
finqa871
|
Please answer the given financial question based on the context.
Context: purchases of equity securities the following table provides information about our repurchases of our common stock registered pursuant to section 12 of the exchange act during the quarter ended december 31 , 2016 . period ( a ) number of shares purchased average price paid per share total number of shares purchased as part of publicly announced plans or programs ( b ) amount available for future share repurchases under the plans or programs ( b ) ( in millions ) .
|period ( a )|total number of shares purchased|average price paid per share|total number of shares purchased as part of publicly announced plans or programs ( b )|amount available for future share repurchases under the plans or programs ( b ) ( in millions )|
|september 26 2016 2013 october 30 2016|1294018|$ 235.56|1293734|$ 4015|
|october 31 2016 2013 november 27 2016|712100|$ 254.42|711974|$ 3834|
|november 28 2016 2013 december 31 2016|1281651|$ 259.81|1270668|$ 3504|
|total|3287769 ( c )|$ 249.09|3276376||
total 3287769 ( c ) $ 249.09 3276376 ( a ) we close our books and records on the last sunday of each month to align our financial closing with our business processes , except for the month of december , as our fiscal year ends on december 31 . as a result , our fiscal months often differ from the calendar months . for example , september 26 , 2016 was the first day of our october 2016 fiscal month . ( b ) in october 2010 , our board of directors approved a share repurchase program pursuant to which we are authorized to repurchase our common stock in privately negotiated transactions or in the open market at prices per share not exceeding the then-current market prices . on september 22 , 2016 , our board of directors authorized a $ 2.0 billion increase to the program . under the program , management has discretion to determine the dollar amount of shares to be repurchased and the timing of any repurchases in compliance with applicable law and regulation . this includes purchases pursuant to rule 10b5-1 plans . the program does not have an expiration date . ( c ) during the quarter ended december 31 , 2016 , the total number of shares purchased included 11393 shares that were transferred to us by employees in satisfaction of minimum tax withholding obligations associated with the vesting of restricted stock units . these purchases were made pursuant to a separate authorization by our board of directors and are not included within the program. .
Question: what was the average number of shares repurchased per month for the 3 months ending december 31 , 2016?
Answer:
|
1095923.0
|
what was the average number of shares repurchased per month for the 3 months ending december 31 , 2016?
|
{
"options": {
"A": "1294018",
"B": "712100",
"C": "1281651",
"D": "1095923.0"
},
"goldenKey": "D"
}
|
{
"A": "1294018",
"B": "712100",
"C": "1281651",
"D": "1095923.0"
}
|
D
|
finqa872
|
Please answer the given financial question based on the context.
Context: entergy corporation and subsidiaries management 2019s financial discussion and analysis 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 amortized over a nine-year period beginning december 2015 . see note 2 to the financial statements for further discussion of the business combination and customer credits . the volume/weather variance is primarily due to the effect of more favorable weather during the unbilled period and an increase in industrial usage , partially offset by the effect of less favorable weather on residential sales . the increase in industrial usage is primarily due to expansion projects , primarily in the chemicals industry , and increased demand from new customers , primarily in the industrial gases 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 results 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 . entergy wholesale commodities following is an analysis of the change in net revenue comparing 2016 to 2015 . amount ( in millions ) .
||amount ( in millions )|
|2015 net revenue|$ 1666|
|nuclear realized price changes|-149 ( 149 )|
|rhode island state energy center|-44 ( 44 )|
|nuclear volume|-36 ( 36 )|
|fitzpatrick reimbursement agreement|41|
|nuclear fuel expenses|68|
|other|-4 ( 4 )|
|2016 net revenue|$ 1542|
as shown in the table above , net revenue for entergy wholesale commodities decreased by approximately $ 124 million in 2016 primarily due to : 2022 lower realized wholesale energy prices and lower capacity prices , although the average revenue per mwh shown in the table below for the nuclear fleet is slightly higher because it includes revenues from the fitzpatrick reimbursement agreement with exelon , the amortization of the palisades below-market ppa , and vermont yankee capacity revenue . the effect of the amortization of the palisades below-market ppa and vermont yankee capacity revenue on the net revenue variance from 2015 to 2016 is minimal ; 2022 the sale of the rhode island state energy center in december 2015 . see note 14 to the financial statements for further discussion of the rhode island state energy center sale ; and 2022 lower volume in the entergy wholesale commodities nuclear fleet resulting from more refueling outage days in 2016 as compared to 2015 and larger exercise of resupply options in 2016 as compared to 2015 . see 201cnuclear .
Question: what would net revenue have been in 2016 if there wasn't a gain from the fitzpatrick reimbursement agreement?
Answer:
|
1501.0
|
what would net revenue have been in 2016 if there wasn't a gain from the fitzpatrick reimbursement agreement?
|
{
"options": {
"A": "1501.0",
"B": "1542.0",
"C": "1666.0",
"D": "None of the above"
},
"goldenKey": "A"
}
|
{
"A": "1501.0",
"B": "1542.0",
"C": "1666.0",
"D": "None of the above"
}
|
A
|
finqa873
|
Please answer the given financial question based on the context.
Context: other off-balance sheet commitments lease commitments the company leases various equipment and facilities , including retail space , under noncancelable operating lease arrangements . the company does not currently utilize any other off-balance sheet financing arrangements . the major facility leases are typically for terms not exceeding 10 years and generally provide renewal options for terms not exceeding five additional years . leases for retail space are for terms ranging from five to 20 years , the majority of which are for 10 years , and often contain multi-year renewal options . as of september 29 , 2012 , the company 2019s total future minimum lease payments under noncancelable operating leases were $ 4.4 billion , of which $ 3.1 billion related to leases for retail space . rent expense under all operating leases , including both cancelable and noncancelable leases , was $ 488 million , $ 338 million and $ 271 million in 2012 , 2011 and 2010 , respectively . future minimum lease payments under noncancelable operating leases having remaining terms in excess of one year as of september 29 , 2012 , are as follows ( in millions ) : .
|2013|$ 516|
|2014|556|
|2015|542|
|2016|513|
|2017|486|
|thereafter|1801|
|total minimum lease payments|$ 4414|
other commitments as of september 29 , 2012 , the company had outstanding off-balance sheet third-party manufacturing commitments and component purchase commitments of $ 21.1 billion . in addition to the off-balance sheet commitments mentioned above , the company had outstanding obligations of $ 988 million as of september 29 , 2012 , which were comprised mainly of commitments to acquire capital assets , including product tooling and manufacturing process equipment , and commitments related to advertising , research and development , internet and telecommunications services and other obligations . contingencies the company is subject to various legal proceedings and claims that have arisen in the ordinary course of business and have not been fully adjudicated , certain of which are discussed in part i , item 3 of this form 10-k under the heading 201clegal proceedings 201d and in part i , item 1a of this form 10-k under the heading 201crisk factors . 201d in the opinion of management , there was not at least a reasonable possibility the company may have incurred a material loss , or a material loss in excess of a recorded accrual , with respect to loss contingencies . however , the outcome of litigation is inherently uncertain . therefore , although management considers the likelihood of such an outcome to be remote , if one or more of these legal matters were resolved against the company in a reporting period for amounts in excess of management 2019s expectations , the company 2019s consolidated financial statements for that reporting period could be materially adversely affected . apple inc . vs samsung electronics co. , ltd , et al . on august 24 , 2012 , a jury returned a verdict awarding the company $ 1.05 billion in its lawsuit against samsung electronics and affiliated parties in the united states district court , northern district of california , san jose division . because the award is subject to entry of final judgment and may be subject to appeal , the company has not recognized the award in its consolidated financial statements for the year ended september 29 , 2012. .
Question: what was the percentage change in rent expense under operating leases from 2011 to 2012?
Answer:
|
0.44379
|
what was the percentage change in rent expense under operating leases from 2011 to 2012?
|
{
"options": {
"A": "0.44379%",
"B": "0.44379",
"C": "44.379%",
"D": "44.379"
},
"goldenKey": "A"
}
|
{
"A": "0.44379%",
"B": "0.44379",
"C": "44.379%",
"D": "44.379"
}
|
A
|
finqa874
|
Please answer the given financial question based on the context.
Context: contractual obligations significant contractual obligations as of december 30 , 2017 were as follows: .
|( in millions )|payments due by period total|payments due by period less than1 year|payments due by period 1 20133 years|payments due by period 3 20135 years|payments due by period more than5 years|
|operating lease obligations|$ 1245|$ 215|$ 348|$ 241|$ 441|
|capital purchase obligations1|12068|9689|2266|113|2014|
|other purchase obligations and commitments2|2692|1577|1040|55|20|
|tax obligations3|6120|490|979|979|3672|
|long-term debt obligations4|42278|1495|5377|8489|26917|
|other long-term liabilities5|1544|799|422|190|133|
|total6|$ 65947|$ 14265|$ 10432|$ 10067|$ 31183|
capital purchase obligations1 12068 9689 2266 113 2014 other purchase obligations and commitments2 2692 1577 1040 55 20 tax obligations3 6120 490 979 979 3672 long-term debt obligations4 42278 1495 5377 8489 26917 other long-term liabilities5 1544 799 422 190 133 total6 $ 65947 $ 14265 $ 10432 $ 10067 $ 31183 1 capital purchase obligations represent commitments for the construction or purchase of property , plant and equipment . they were not recorded as liabilities on our consolidated balance sheets as of december 30 , 2017 , as we had not yet received the related goods nor taken title to the property . 2 other purchase obligations and commitments include payments due under various types of licenses and agreements to purchase goods or services , as well as payments due under non-contingent funding obligations . 3 tax obligations represent the future cash payments related to tax reform enacted in 2017 for the one-time provisional transition tax on our previously untaxed foreign earnings . for further information , see 201cnote 8 : income taxes 201d within the consolidated financial statements . 4 amounts represent principal and interest cash payments over the life of the debt obligations , including anticipated interest payments that are not recorded on our consolidated balance sheets . debt obligations are classified based on their stated maturity date , regardless of their classification on the consolidated balance sheets . any future settlement of convertible debt would impact our cash payments . 5 amounts represent future cash payments to satisfy other long-term liabilities recorded on our consolidated balance sheets , including the short-term portion of these long-term liabilities . derivative instruments are excluded from the preceding table , as they do not represent the amounts that may ultimately be paid . 6 total excludes contractual obligations already recorded on our consolidated balance sheets as current liabilities , except for the short-term portions of long-term debt obligations and other long-term liabilities . the expected timing of payments of the obligations in the preceding table is estimated based on current information . timing of payments and actual amounts paid may be different , depending on the time of receipt of goods or services , or changes to agreed- upon amounts for some obligations . contractual obligations for purchases of goods or services included in 201cother purchase obligations and commitments 201d in the preceding table include agreements that are enforceable and legally binding on intel and that specify all significant terms , including fixed or minimum quantities to be purchased ; fixed , minimum , or variable price provisions ; and the approximate timing of the transaction . for obligations with cancellation provisions , the amounts included in the preceding table were limited to the non-cancelable portion of the agreement terms or the minimum cancellation fee . for the purchase of raw materials , we have entered into certain agreements that specify minimum prices and quantities based on a percentage of the total available market or based on a percentage of our future purchasing requirements . due to the uncertainty of the future market and our future purchasing requirements , as well as the non-binding nature of these agreements , obligations under these agreements have been excluded from the preceding table . our purchase orders for other products are based on our current manufacturing needs and are fulfilled by our vendors within short time horizons . in addition , some of our purchase orders represent authorizations to purchase rather than binding agreements . contractual obligations that are contingent upon the achievement of certain milestones have been excluded from the preceding table . most of our milestone-based contracts are tooling related for the purchase of capital equipment . these arrangements are not considered contractual obligations until the milestone is met by the counterparty . as of december 30 , 2017 , assuming that all future milestones are met , the additional required payments would be approximately $ 2.0 billion . for the majority of restricted stock units ( rsus ) granted , the number of shares of common stock issued on the date the rsus vest is net of the minimum statutory withholding requirements that we pay in cash to the appropriate taxing authorities on behalf of our employees . the obligation to pay the relevant taxing authority is excluded from the preceding table , as the amount is contingent upon continued employment . in addition , the amount of the obligation is unknown , as it is based in part on the market price of our common stock when the awards vest . md&a - results of operations consolidated results and analysis 38 .
Question: what percentage of total contractual obligations do capital purchase obligations make up as of december 30 2017?
Answer:
|
0.183
|
what percentage of total contractual obligations do capital purchase obligations make up as of december 30 2017?
|
{
"options": {
"A": "0.183",
"B": "0.146",
"C": "0.205",
"D": "0.221"
},
"goldenKey": "A"
}
|
{
"A": "0.183",
"B": "0.146",
"C": "0.205",
"D": "0.221"
}
|
A
|
finqa875
|
Please answer the given financial question based on the context.
Context: ( d ) securities authorized for issuance under equity compensation plans . except for the information concerning equity compensation plans below , the information required by item 12 is incorporated by reference to the company 2019s 2004 proxy statement under the caption 2018 2018security ownership of certain beneficial owners and management . 2019 2019 the following table provides information about shares of aes common stock that may be issued under aes 2019s equity compensation plans , as of december 31 , 2003 : securities authorized for issuance under equity compensation plans ( as of december 31 , 2003 ) ( a ) ( b ) ( c ) number of securities remaining available for number of securities future issuance under to be issued upon weighted-average equity compensation exercise of exercise price plans ( excluding outstanding options , of outstanding options , securities reflected plan category warrants and rights warrants and rights in column ( a ) ) equity compensation plans approved by security holders . . . 29061549 13.80 16720238 equity compensation plans not approved by security holders ( 1 ) . 11754222 13.09 225609 .
|plan category|( a ) number of securities to be issued upon exercise of outstanding options warrants and rights|( b ) weighted-average exercise price of outstanding options warrants and rights|( c ) number of securities remaining available for future issuance under equity compensation plans ( excluding securities reflected in column ( a ) )|
|equity compensation plans approved by security holders|29061549|13.80|16720238|
|equity compensation plans not approved by security holders ( 1 )|11754222|13.09|225609|
|total|40815771|13.59|16945847|
( 1 ) the aes corporation 2001 non-officer stock option plan ( the 2018 2018plan 2019 2019 ) was adopted by our board of directors on october 18 , 2001 . this plan did not require approval under either the sec or nyse rules and/or regulations . eligible participants under the plan include all of our non-officer employees . as of the end of december 31 , 2003 , approximately 13500 employees held options under the plan . the exercise price of each option awarded under the plan is equal to the fair market value of our common stock on the grant date of the option . options under the plan generally vest as to 50% ( 50 % ) of their underlying shares on each anniversary of the option grant date , however , grants dated october 25 , 2001 vest in one year . the plan shall expire on october 25 , 2011 . the board may amend , modify or terminate the plan at any time . item 13 . certain relationships and related transactions see the information contained under the caption 2018 2018related party transactions 2019 2019 of the proxy statement for the annual meeting of stockholders of the registrant to be held on april 28 , 2004 , which information is incorporated herein by reference . item 14 . principal accounting fees and services the information required by this item will be contained in our proxy statement for the annual meeting of shareholders to be held on april 28 , 2004 and is hereby incorporated by reference. .
Question: at the end of 2003 , what would total proceeds be for the company if all remaining shares in the plan were exercised?
Answer:
|
554686327.89
|
at the end of 2003 , what would total proceeds be for the company if all remaining shares in the plan were exercised?
|
{
"options": {
"A": "554686327.89",
"B": "40815771",
"C": "16945847",
"D": "11754222"
},
"goldenKey": "A"
}
|
{
"A": "554686327.89",
"B": "40815771",
"C": "16945847",
"D": "11754222"
}
|
A
|
finqa876
|
Please answer the given financial question based on the context.
Context: in december , our board of directors ratified its authorization of a stock repurchase program in the amount of 1.5 million shares of our common stock . as of december 31 , 2010 no shares had been repurchased . we have paid dividends for 71 consecutive years with payments increasing each of the last 19 years . we paid total dividends of $ .54 per share in 2010 compared with $ .51 per share in 2009 . aggregate contractual obligations a summary of our contractual obligations as of december 31 , 2010 , is as follows: .
|( dollars in millions ) contractual obligations|( dollars in millions ) total|( dollars in millions ) less than1 year|( dollars in millions ) 1 - 3years|( dollars in millions ) 3 - 5years|more than5 years|
|long-term debt|$ 261.0|$ 18.6|$ 181.2|$ 29.2|$ 32.0|
|fixed rate interest|22.4|6.1|9.0|5.1|2.2|
|operating leases|30.2|7.2|7.9|5.4|9.7|
|purchase obligations|45.5|45.5|-|-|-|
|total|$ 359.1|$ 77.4|$ 198.1|$ 39.7|$ 43.9|
as of december 31 , 2010 , the liability for uncertain income tax positions was $ 2.7 million . due to the high degree of uncertainty regarding timing of potential future cash flows associated with these liabilities , we are unable to make a reasonably reliable estimate of the amount and period in which these liabilities might be paid . we utilize blanket purchase orders to communicate expected annual requirements to many of our suppliers . requirements under blanket purchase orders generally do not become committed until several weeks prior to the company 2019s scheduled unit production . the purchase obligation amount presented above represents the value of commitments considered firm . results of operations our sales from continuing operations in 2010 were $ 1489.3 million surpassing 2009 sales of $ 1375.0 million by 8.3 percent . the increase in sales was due mostly to significantly higher sales in our water heater operations in china resulting from geographic expansion , market share gains and new product introductions as well as additional sales from our water treatment business acquired in november , 2009 . our sales from continuing operations were $ 1451.3 million in 2008 . the $ 76.3 million decline in sales from 2008 to 2009 was due to lower residential and commercial volume in north america , reflecting softness in the domestic housing market and a slowdown in the commercial water heater business and was partially offset by strong growth in water heater sales in china and improved year over year pricing . on december 13 , 2010 we entered into a definitive agreement to sell our electrical products company to regal beloit corporation for $ 700 million in cash and approximately 2.83 million shares of regal beloit common stock . the transaction , which has been approved by both companies' board of directors , is expected to close in the first half of 2011 . due to the pending sale , our electrical products segment has been accorded discontinued operations treatment in the accompanying financial statements . sales in 2010 , including sales of $ 701.8 million for our electrical products segment , were $ 2191.1 million . our gross profit margin for continuing operations in 2010 was 29.9 percent , compared with 28.7 percent in 2009 and 25.8 percent in 2008 . the improvement in margin from 2009 to 2010 was due to increased volume , cost containment activities and lower warranty costs which more than offset certain inefficiencies resulting from the may flood in our ashland city , tn water heater manufacturing facility . the increase in profit margin from 2008 to 2009 resulted from increased higher margin china water heater volume , aggressive cost reduction programs and lower material costs . selling , general and administrative expense ( sg&a ) was $ 36.9 million higher in 2010 than in 2009 . the increased sg&a , the majority of which was incurred in our china water heater operation , was associated with selling costs to support higher volume and new product lines . additional sg&a associated with our 2009 water treatment acquisition also contributed to the increase . sg&a was $ 8.5 million higher in 2009 than 2008 resulting mostly from an $ 8.2 million increase in our china water heater operation in support of higher volumes. .
Question: what percentage of total aggregate contractual obligations is composed of long-term debt?
Answer:
|
0.72682
|
what percentage of total aggregate contractual obligations is composed of long-term debt?
|
{
"options": {
"A": "0.0516",
"B": "0.0726",
"C": "0.7268",
"D": "0.8267"
},
"goldenKey": "C"
}
|
{
"A": "0.0516",
"B": "0.0726",
"C": "0.7268",
"D": "0.8267"
}
|
C
|
finqa877
|
Please answer the given financial question based on the context.
Context: the goldman sachs group , inc . and subsidiaries management 2019s discussion and analysis investing & lending investing & lending includes our investing activities and the origination of loans to provide financing to clients . these investments and loans are typically longer-term in nature . we make investments , some of which are consolidated , directly and indirectly through funds and separate accounts that we manage , in debt securities and loans , public and private equity securities , and real estate entities . the table below presents the operating results of our investing & lending segment. .
|$ in millions|year ended december 2015|year ended december 2014|year ended december 2013|
|equity securities|$ 3781|$ 4579|$ 4974|
|debt securities and loans|1655|2246|2044|
|total net revenues1|5436|6825|7018|
|operating expenses|2402|2819|2686|
|pre-tax earnings|$ 3034|$ 4006|$ 4332|
1 . net revenues related to our consolidated investments , previously reported in other net revenues within investing & lending , are now reported in equity securities and debt securities and loans , as results from these activities ( $ 391 million for 2015 ) are no longer significant principally due to the sale of metro in the fourth quarter of 2014 . reclassifications have been made to previously reported amounts to conform to the current presentation . 2015 versus 2014 . net revenues in investing & lending were $ 5.44 billion for 2015 , 20% ( 20 % ) lower than 2014 . this decrease was primarily due to lower net revenues from investments in equities , principally reflecting the sale of metro in the fourth quarter of 2014 and lower net gains from investments in private equities , driven by corporate performance . in addition , net revenues in debt securities and loans were significantly lower , reflecting lower net gains from investments . although net revenues in investing & lending for 2015 benefited from favorable company-specific events , including sales , initial public offerings and financings , a decline in global equity prices and widening high-yield credit spreads during the second half of the year impacted results . concern about the outlook for the global economy continues to be a meaningful consideration for the global marketplace . if equity markets continue to decline or credit spreads widen further , net revenues in investing & lending would likely continue to be negatively impacted . operating expenses were $ 2.40 billion for 2015 , 15% ( 15 % ) lower than 2014 , due to lower depreciation and amortization expenses , primarily reflecting lower impairment charges related to consolidated investments , and a reduction in expenses related to the sale of metro in the fourth quarter of 2014 . pre-tax earnings were $ 3.03 billion in 2015 , 24% ( 24 % ) lower than 2014 . 2014 versus 2013 . net revenues in investing & lending were $ 6.83 billion for 2014 , 3% ( 3 % ) lower than 2013 . net revenues from investments in equity securities were lower due to a significant decrease in net gains from investments in public equities , as movements in global equity prices during 2014 were less favorable compared with 2013 , as well as significantly lower net revenues related to our consolidated investments , reflecting a decrease in operating revenues from commodities-related consolidated investments . these decreases were partially offset by an increase in net gains from investments in private equities , primarily driven by company-specific events . net revenues from debt securities and loans were higher than 2013 , reflecting a significant increase in net interest income , primarily driven by increased lending , and a slight increase in net gains , primarily due to sales of certain investments during 2014 . during 2014 , net revenues in investing & lending generally reflected favorable company-specific events , including initial public offerings and financings , and strong corporate performance , as well as net gains from sales of certain investments . operating expenses were $ 2.82 billion for 2014 , 5% ( 5 % ) higher than 2013 , reflecting higher compensation and benefits expenses , partially offset by lower expenses related to consolidated investments . pre-tax earnings were $ 4.01 billion in 2014 , 8% ( 8 % ) lower than 2013 . 64 goldman sachs 2015 form 10-k .
Question: in millions for 2015 , 2014 , and 2013 , what were the largest amount of debt securities and loans?
Answer:
|
2246.0
|
in millions for 2015 , 2014 , and 2013 , what were the largest amount of debt securities and loans?
|
{
"options": {
"A": "1655",
"B": "2246",
"C": "2044",
"D": "2819"
},
"goldenKey": "B"
}
|
{
"A": "1655",
"B": "2246",
"C": "2044",
"D": "2819"
}
|
B
|
finqa878
|
Please answer the given financial question based on the context.
Context: 38 2015 ppg annual report and form 10-k notes to the consolidated financial statements 1 . summary of significant accounting policies principles of consolidation the accompanying consolidated financial statements include the accounts of ppg industries , inc . ( 201cppg 201d or the 201ccompany 201d ) and all subsidiaries , both u.s . and non-u.s. , that it controls . ppg owns more than 50% ( 50 % ) of the voting stock of most of the subsidiaries that it controls . for those consolidated subsidiaries in which the company 2019s ownership is less than 100% ( 100 % ) , the outside shareholders 2019 interests are shown as noncontrolling interests . investments in companies in which ppg owns 20% ( 20 % ) to 50% ( 50 % ) of the voting stock and has the ability to exercise significant influence over operating and financial policies of the investee are accounted for using the equity method of accounting . as a result , ppg 2019s share of the earnings or losses of such equity affiliates is included in the accompanying consolidated statement of income and ppg 2019s share of these companies 2019 shareholders 2019 equity is included in 201cinvestments 201d in the accompanying consolidated balance sheet . transactions between ppg and its subsidiaries are eliminated in consolidation . use of estimates in the preparation of financial statements the preparation of financial statements in conformity with u.s . generally accepted accounting principles requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and the disclosure of contingent assets and liabilities at the date of the financial statements , as well as the reported amounts of income and expenses during the reporting period . such estimates also include the fair value of assets acquired and liabilities assumed resulting from the allocation of the purchase price related to business combinations consummated . actual outcomes could differ from those estimates . revenue recognition the company recognizes revenue when the earnings process is complete . revenue from sales is recognized by all operating segments when goods are shipped and title to inventory and risk of loss passes to the customer or when services have been rendered . shipping and handling costs amounts billed to customers for shipping and handling are reported in 201cnet sales 201d in the accompanying consolidated statement of income . shipping and handling costs incurred by the company for the delivery of goods to customers are included in 201ccost of sales , exclusive of depreciation and amortization 201d in the accompanying consolidated statement of income . selling , general and administrative costs amounts presented as 201cselling , general and administrative 201d in the accompanying consolidated statement of income are comprised of selling , customer service , distribution and advertising costs , as well as the costs of providing corporate- wide functional support in such areas as finance , law , human resources and planning . distribution costs pertain to the movement and storage of finished goods inventory at company- owned and leased warehouses , terminals and other distribution facilities . advertising costs advertising costs are expensed as incurred and totaled $ 324 million , $ 297 million and $ 235 million in 2015 , 2014 and 2013 , respectively . research and development research and development costs , which consist primarily of employee related costs , are charged to expense as incurred. .
|( $ in millions )|2015|2014|2013|
|research and development 2013 total|$ 505|$ 509|$ 479|
|less depreciation on research facilities|19|17|16|
|research and development net|$ 486|$ 492|$ 463|
legal costs legal costs , primarily include costs associated with acquisition and divestiture transactions , general litigation , environmental regulation compliance , patent and trademark protection and other general corporate purposes , are charged to expense as incurred . foreign currency translation the functional currency of most significant non-u.s . operations is their local currency . assets and liabilities of those operations are translated into u.s . dollars using year-end exchange rates ; income and expenses are translated using the average exchange rates for the reporting period . unrealized foreign currency translation adjustments are deferred in accumulated other comprehensive loss , a separate component of shareholders 2019 equity . cash equivalents cash equivalents are highly liquid investments ( valued at cost , which approximates fair value ) acquired with an original maturity of three months or less . short-term investments short-term investments are highly liquid , high credit quality investments ( valued at cost plus accrued interest ) that have stated maturities of greater than three months to one year . the purchases and sales of these investments are classified as investing activities in the consolidated statement of cash flows . marketable equity securities the company 2019s investment in marketable equity securities is recorded at fair market value and reported in 201cother current assets 201d and 201cinvestments 201d in the accompanying consolidated balance sheet with changes in fair market value recorded in income for those securities designated as trading securities and in other comprehensive income , net of tax , for those designated as available for sale securities. .
Question: what were average advertising costs for the three year period , in millions?
Answer:
|
285.33333
|
what were average advertising costs for the three year period , in millions?
|
{
"options": {
"A": "324",
"B": "297",
"C": "235",
"D": "285.33333"
},
"goldenKey": "D"
}
|
{
"A": "324",
"B": "297",
"C": "235",
"D": "285.33333"
}
|
D
|
finqa879
|
Please answer the given financial question based on the context.
Context: our wholesale segment our wholesale segment sells our products to leading upscale and certain mid-tier department stores , specialty stores , and golf and pro shops , both domestically and internationally . we have continued to focus on elevating our brand by improving in- store product assortment and presentation , as well as full-price sell-throughs to consumers . as of the end of fiscal 2014 , our ralph lauren-branded products were sold through over 11000 doors worldwide and we invested $ 53 million of capital in related shop- within-shops primarily in domestic and international department and specialty stores . our products are also sold through the e- commerce sites of certain of our wholesale customers . the primary product offerings sold through our wholesale channels of distribution include menswear , womenswear , childrenswear , accessories , and home furnishings . our collection brands 2014 ralph lauren women's collection and black label and men's purple label and black label 2014 are distributed worldwide through a limited number of premier fashion retailers . department stores are our major wholesale customers in north america . in latin america , our wholesale products are sold in department stores and specialty stores . in europe , our wholesale sales are a varying mix of sales to both department stores and specialty stores , depending on the country . in japan , our wholesale products are distributed primarily through shop-within-shops at premier and top-tier department stores , and the mix of business is weighted to men's and women's blue label . in the greater china and southeast asia region and australia , our wholesale products are sold mainly at mid and top-tier department stores , and the mix of business is primarily weighted to men's and women's blue label . we also distribute product to certain licensed stores operated by our partners in latin america , europe , and asia . in addition , our club monaco products are distributed through select department stores and specialty stores in europe . we sell the majority of our excess and out-of-season products through secondary distribution channels worldwide , including our retail factory stores . worldwide distribution channels the following table presents the number of doors by geographic location in which ralph lauren-branded products distributed by our wholesale segment were sold to consumers in our primary channels of distribution as of march 29 , 2014: .
|location|number of doors|
|the americas ( a )|6459|
|europe|4864|
|asia ( b )|130|
|total|11453|
( a ) includes the u.s. , canada , and latin america . ( b ) includes australia , china , japan , the philippines , and thailand . in addition , chaps-branded products distributed by our wholesale segment were sold domestically through approximately 2800 doors as of march 29 , 2014 . we have three key wholesale customers that generate significant sales volume . for fiscal 2014 , these customers in the aggregate accounted for approximately 50% ( 50 % ) of our total wholesale revenues , with macy's , inc . ( "macy's" ) representing approximately 25% ( 25 % ) of our total wholesale revenues . our products are sold primarily through our own sales forces . our wholesale segment maintains its primary showrooms in new york city . in addition , we maintain regional showrooms in milan , paris , london , munich , madrid , stockholm , and panama . shop-within-shops . as a critical element of our distribution to department stores , we and our licensing partners utilize shop-within-shops to enhance brand recognition , to permit more complete merchandising of our lines by the department stores , and to differentiate the presentation of our products . as of march 29 , 2014 , we had approximately 22000 shop-within-shops in our primary channels of distribution dedicated to our ralph lauren-branded wholesale products worldwide . the size of our shop-within-shops ranges from approximately 100 to 9200 square feet . shop-within-shop fixed assets primarily include items such as customized freestanding fixtures , wall cases .
Question: what percentage of doors in the wholesale segment as of march 29 , 2014 where in asia ?
Answer:
|
0.01135
|
what percentage of doors in the wholesale segment as of march 29 , 2014 where in asia ?
|
{
"options": {
"A": "0.01135%",
"B": "0.1135%",
"C": "1.135%",
"D": "11.35%"
},
"goldenKey": "A"
}
|
{
"A": "0.01135%",
"B": "0.1135%",
"C": "1.135%",
"D": "11.35%"
}
|
A
|
finqa880
|
Please answer the given financial question based on the context.
Context: class a ordinary shares of aon plc are , at present , eligible for deposit and clearing within the dtc system . in connection with the closing of the merger , we entered into arrangements with dtc whereby we agreed to indemnify dtc for any stamp duty and/or sdrt that may be assessed upon it as a result of its service as a depository and clearing agency for our class a ordinary shares . in addition , we have obtained a ruling from hmrc in respect of the stamp duty and sdrt consequences of the reorganization , and sdrt has been paid in accordance with the terms of this ruling in respect of the deposit of class a ordinary shares with the initial depository . dtc will generally have discretion to cease to act as a depository and clearing agency for the class a ordinary shares . if dtc determines at any time that the class a ordinary shares are not eligible for continued deposit and clearance within its facilities , then we believe the class a ordinary shares would not be eligible for continued listing on a u.s . securities exchange or inclusion in the s&p 500 and trading in the class a ordinary shares would be disrupted . while we would pursue alternative arrangements to preserve our listing and maintain trading , any such disruption could have a material adverse effect on the trading price of the class a ordinary shares . item 1b . unresolved staff comments . item 2 . properties . we have offices in various locations throughout the world . substantially all of our offices are located in leased premises . we maintain our corporate headquarters at 8 devonshire square , london , england , where we occupy approximately 225000 square feet of space under an operating lease agreement that expires in 2018 . we own one building at pallbergweg 2-4 , amsterdam , the netherlands ( 150000 square feet ) . the following are additional significant leased properties , along with the occupied square footage and expiration . property : occupied square footage expiration .
|property:|occupiedsquare footage|leaseexpiration dates|
|4 overlook point and other locations lincolnshire illinois|1224000|2017 2013 2024|
|2601 research forest drive the woodlands texas|414000|2020|
|dlf city and unitech cyber park gurgaon india|413000|2014 2013 2015|
|200 e . randolph street chicago illinois|396000|2028|
|2300 discovery drive orlando florida|364000|2020|
|199 water street new york new york|319000|2018|
|7201 hewitt associates drive charlotte north carolina|218000|2015|
the locations in lincolnshire , illinois , the woodlands , texas , gurgaon , india , orlando , florida , and charlotte , north carolina , each of which were acquired as part of the hewitt acquisition in 2010 , are primarily dedicated to our hr solutions segment . the other locations listed above house personnel from both of our reportable segments . in november 2011 , aon entered into an agreement to lease 190000 square feet in a new building to be constructed in london , united kingdom . the agreement is contingent upon the completion of the building construction . aon expects to move into the new building in 2015 when it exercises an early break option at the devonshire square location . in september 2013 , aon entered into an agreement to lease up to 479000 square feet in a new building to be constructed in gurgaon , india . the agreement is contingent upon the completion of the building construction . aon expects to move into the new building in phases during 2014 and 2015 upon the expiration of the existing leases at the gurgaon locations . in general , no difficulty is anticipated in negotiating renewals as leases expire or in finding other satisfactory space if the premises become unavailable . we believe that the facilities we currently occupy are adequate for the purposes for which they are being used and are well maintained . in certain circumstances , we may have unused space and may seek to sublet such space to third parties , depending upon the demands for office space in the locations involved . see note 9 "lease commitments" of the notes to consolidated financial statements in part ii , item 8 of this report for information with respect to our lease commitments as of december 31 , 2013 . item 3 . legal proceedings . we hereby incorporate by reference note 16 "commitments and contingencies" of the notes to consolidated financial statements in part ii , item 8 of this report. .
Question: how many square feet of the occupied space will expire during 2020?
Answer:
|
778000.0
|
how many square feet of the occupied space will expire during 2020?
|
{
"options": {
"A": "1224000",
"B": "414000",
"C": "364000",
"D": "778000"
},
"goldenKey": "D"
}
|
{
"A": "1224000",
"B": "414000",
"C": "364000",
"D": "778000"
}
|
D
|
finqa881
|
Please answer the given financial question based on the context.
Context: american tower corporation and subsidiaries notes to consolidated financial statements 2014 ( continued ) the following table illustrates the effect on net loss and net loss per share if the company had applied the fair value recognition provisions of sfas no . 123 to stock-based compensation . the estimated fair value of each option is calculated using the black-scholes option-pricing model ( in thousands , except per share amounts ) : .
||2002|2001|2000|
|net loss as reported|$ -1141879 ( 1141879 )|$ -450094 ( 450094 )|$ -194628 ( 194628 )|
|less : total stock-based employee compensation expense determined under fair value basedmethod for all awards net of related tax effect|-38126 ( 38126 )|-50540 ( 50540 )|-51186 ( 51186 )|
|pro-forma net loss|$ -1180005 ( 1180005 )|$ -500634 ( 500634 )|$ -245814 ( 245814 )|
|basic and diluted net loss per share 2014as reported|$ -5.84 ( 5.84 )|$ -2.35 ( 2.35 )|$ -1.15 ( 1.15 )|
|basic and diluted net loss per share 2014pro-forma|$ -6.04 ( 6.04 )|$ -2.61 ( 2.61 )|$ -1.46 ( 1.46 )|
fair value of financial instruments 2014as of december 31 , 2002 , the carrying amounts of the company 2019s 5.0% ( 5.0 % ) convertible notes , the 2.25% ( 2.25 % ) convertible notes , the 6.25% ( 6.25 % ) convertible notes and the senior notes were approximately $ 450.0 million , $ 210.9 million , $ 212.7 million and $ 1.0 billion , respectively , and the fair values of such notes were $ 291.4 million , $ 187.2 million , $ 144.4 million and $ 780.0 million , respectively . as of december 31 , 2001 , the carrying amount of the company 2019s 5.0% ( 5.0 % ) convertible notes , the 2.25% ( 2.25 % ) convertible notes , the 6.25% ( 6.25 % ) convertible notes and the senior notes were approximately $ 450.0 million , $ 204.1 million , $ 212.8 million and $ 1.0 billion , respectively , and the fair values of such notes were $ 268.3 million , $ 173.1 million , $ 158.2 million and $ 805.0 million , respectively . fair values were determined based on quoted market prices . the carrying values of all other financial instruments reasonably approximate the related fair values as of december 31 , 2002 and 2001 . retirement plan 2014the company has a 401 ( k ) plan covering substantially all employees who meet certain age and employment requirements . under the plan , the company matches 35% ( 35 % ) of participants 2019 contributions up to a maximum 5% ( 5 % ) of a participant 2019s compensation . the company contributed approximately $ 979000 , $ 1540000 and $ 1593000 to the plan for the years ended december 31 , 2002 , 2001 and 2000 , respectively . recent accounting pronouncements 2014in june 2001 , the fasb issued sfas no . 143 , 201caccounting for asset retirement obligations . 201d this statement establishes accounting standards for the recognition and measurement of liabilities associated with the retirement of tangible long-lived assets and the related asset retirement costs . the requirements of sfas no . 143 are effective for the company as of january 1 , 2003 . the company will adopt this statement in the first quarter of 2003 and does not expect the impact of adopting this statement to have a material impact on its consolidated financial position or results of operations . in august 2001 , the fasb issued sfas no . 144 , 201caccounting for the impairment or disposal of long-lived assets . 201d sfas no . 144 supersedes sfas no . 121 , 201caccounting for the impairment of long-lived assets and for long-lived assets to be disposed of , 201d but retains many of its fundamental provisions . sfas no . 144 also clarifies certain measurement and classification issues from sfas no . 121 . in addition , sfas no . 144 supersedes the accounting and reporting provisions for the disposal of a business segment as found in apb no . 30 , 201creporting the results of operations 2014reporting the effects of disposal of a segment of a business and extraordinary , unusual and infrequently occurring events and transactions 201d . however , sfas no . 144 retains the requirement in apb no . 30 to separately report discontinued operations , and broadens the scope of such requirement to include more types of disposal transactions . the scope of sfas no . 144 excludes goodwill and other intangible assets that are not to be amortized , as the accounting for such items is prescribed by sfas no . 142 . the company implemented sfas no . 144 on january 1 , 2002 . accordingly , all relevant impairment assessments and decisions concerning discontinued operations have been made under this standard in 2002. .
Question: what is the percentage change in 401 ( k ) contributions from 2001 to 2002?
Answer:
|
-0.36429
|
what is the percentage change in 401 ( k ) contributions from 2001 to 2002?
|
{
"options": {
"A": "0.36429",
"B": "-0.36429",
"C": "36.429",
"D": "-36.429"
},
"goldenKey": "B"
}
|
{
"A": "0.36429",
"B": "-0.36429",
"C": "36.429",
"D": "-36.429"
}
|
B
|
finqa882
|
Please answer the given financial question based on the context.
Context: the goldman sachs group , inc . and subsidiaries management 2019s discussion and analysis investing & lending investing & lending includes our investing activities and the origination of loans to provide financing to clients . these investments and loans are typically longer-term in nature . we make investments , some of which are consolidated , directly and indirectly through funds and separate accounts that we manage , in debt securities and loans , public and private equity securities , and real estate entities . the table below presents the operating results of our investing & lending segment. .
|$ in millions|year ended december 2015|year ended december 2014|year ended december 2013|
|equity securities|$ 3781|$ 4579|$ 4974|
|debt securities and loans|1655|2246|2044|
|total net revenues1|5436|6825|7018|
|operating expenses|2402|2819|2686|
|pre-tax earnings|$ 3034|$ 4006|$ 4332|
1 . net revenues related to our consolidated investments , previously reported in other net revenues within investing & lending , are now reported in equity securities and debt securities and loans , as results from these activities ( $ 391 million for 2015 ) are no longer significant principally due to the sale of metro in the fourth quarter of 2014 . reclassifications have been made to previously reported amounts to conform to the current presentation . 2015 versus 2014 . net revenues in investing & lending were $ 5.44 billion for 2015 , 20% ( 20 % ) lower than 2014 . this decrease was primarily due to lower net revenues from investments in equities , principally reflecting the sale of metro in the fourth quarter of 2014 and lower net gains from investments in private equities , driven by corporate performance . in addition , net revenues in debt securities and loans were significantly lower , reflecting lower net gains from investments . although net revenues in investing & lending for 2015 benefited from favorable company-specific events , including sales , initial public offerings and financings , a decline in global equity prices and widening high-yield credit spreads during the second half of the year impacted results . concern about the outlook for the global economy continues to be a meaningful consideration for the global marketplace . if equity markets continue to decline or credit spreads widen further , net revenues in investing & lending would likely continue to be negatively impacted . operating expenses were $ 2.40 billion for 2015 , 15% ( 15 % ) lower than 2014 , due to lower depreciation and amortization expenses , primarily reflecting lower impairment charges related to consolidated investments , and a reduction in expenses related to the sale of metro in the fourth quarter of 2014 . pre-tax earnings were $ 3.03 billion in 2015 , 24% ( 24 % ) lower than 2014 . 2014 versus 2013 . net revenues in investing & lending were $ 6.83 billion for 2014 , 3% ( 3 % ) lower than 2013 . net revenues from investments in equity securities were lower due to a significant decrease in net gains from investments in public equities , as movements in global equity prices during 2014 were less favorable compared with 2013 , as well as significantly lower net revenues related to our consolidated investments , reflecting a decrease in operating revenues from commodities-related consolidated investments . these decreases were partially offset by an increase in net gains from investments in private equities , primarily driven by company-specific events . net revenues from debt securities and loans were higher than 2013 , reflecting a significant increase in net interest income , primarily driven by increased lending , and a slight increase in net gains , primarily due to sales of certain investments during 2014 . during 2014 , net revenues in investing & lending generally reflected favorable company-specific events , including initial public offerings and financings , and strong corporate performance , as well as net gains from sales of certain investments . operating expenses were $ 2.82 billion for 2014 , 5% ( 5 % ) higher than 2013 , reflecting higher compensation and benefits expenses , partially offset by lower expenses related to consolidated investments . pre-tax earnings were $ 4.01 billion in 2014 , 8% ( 8 % ) lower than 2013 . 64 goldman sachs 2015 form 10-k .
Question: what percentage of total net revenues in the investing & lending segment is attributable to equity securities in 2014?
Answer:
|
0.67092
|
what percentage of total net revenues in the investing & lending segment is attributable to equity securities in 2014?
|
{
"options": {
"A": "0.67092",
"B": "0.552",
"C": "0.243",
"D": "0.789"
},
"goldenKey": "A"
}
|
{
"A": "0.67092",
"B": "0.552",
"C": "0.243",
"D": "0.789"
}
|
A
|
finqa883
|
Please answer the given financial question based on the context.
Context: management 2019s discussion and analysis of financial condition and results of operations state street corporation | 90 table 30 : total deposits average balance december 31 years ended december 31 .
|( in millions )|december 31 2017|december 31 2016|december 31 2017|2016|
|client deposits|$ 180149|$ 176693|$ 158996|$ 156029|
|wholesale cds|4747|10470|4812|14456|
|total deposits|$ 184896|$ 187163|$ 163808|$ 170485|
short-term funding our on-balance sheet liquid assets are also an integral component of our liquidity management strategy . these assets provide liquidity through maturities of the assets , but more importantly , they provide us with the ability to raise funds by pledging the securities as collateral for borrowings or through outright sales . in addition , our access to the global capital markets gives us the ability to source incremental funding at reasonable rates of interest from wholesale investors . as discussed earlier under 201casset liquidity , 201d state street bank's membership in the fhlb allows for advances of liquidity with varying terms against high-quality collateral . short-term secured funding also comes in the form of securities lent or sold under agreements to repurchase . these transactions are short-term in nature , generally overnight , and are collateralized by high-quality investment securities . these balances were $ 2.84 billion and $ 4.40 billion as of december 31 , 2017 and december 31 , 2016 , respectively . state street bank currently maintains a line of credit with a financial institution of cad 1.40 billion , or approximately $ 1.11 billion as of december 31 , 2017 , to support its canadian securities processing operations . the line of credit has no stated termination date and is cancelable by either party with prior notice . as of december 31 , 2017 , there was no balance outstanding on this line of credit . long-term funding we have the ability to issue debt and equity securities under our current universal shelf registration to meet current commitments and business needs , including accommodating the transaction and cash management needs of our clients . in addition , state street bank , a wholly owned subsidiary of the parent company , also has authorization to issue up to $ 5 billion in unsecured senior debt and an additional $ 500 million of subordinated debt . agency credit ratings our ability to maintain consistent access to liquidity is fostered by the maintenance of high investment-grade ratings as measured by the major independent credit rating agencies . factors essential to maintaining high credit ratings include : 2022 diverse and stable core earnings ; 2022 relative market position ; 2022 strong risk management ; 2022 strong capital ratios ; 2022 diverse liquidity sources , including the global capital markets and client deposits ; 2022 strong liquidity monitoring procedures ; and 2022 preparedness for current or future regulatory developments . high ratings limit borrowing costs and enhance our liquidity by : 2022 providing assurance for unsecured funding and depositors ; 2022 increasing the potential market for our debt and improving our ability to offer products ; 2022 serving markets ; and 2022 engaging in transactions in which clients value high credit ratings . a downgrade or reduction of our credit ratings could have a material adverse effect on our liquidity by restricting our ability to access the capital markets , which could increase the related cost of funds . in turn , this could cause the sudden and large-scale withdrawal of unsecured deposits by our clients , which could lead to draw-downs of unfunded commitments to extend credit or trigger requirements under securities purchase commitments ; or require additional collateral or force terminations of certain trading derivative contracts . a majority of our derivative contracts have been entered into under bilateral agreements with counterparties who may require us to post collateral or terminate the transactions based on changes in our credit ratings . we assess the impact of these arrangements by determining the collateral that would be required assuming a downgrade by all rating agencies . the additional collateral or termination payments related to our net derivative liabilities under these arrangements that could have been called by counterparties in the event of a downgrade in our credit ratings below levels specified in the agreements is disclosed in note 10 to the consolidated financial statements included under item 8 , financial statements and supplementary data , of this form 10-k . other funding sources , such as secured financing transactions and other margin requirements , for which there are no explicit triggers , could also be adversely affected. .
Question: what is the percentage change in of total assets from 2016 to 2017?
Answer:
|
-0.01211
|
what is the percentage change in of total assets from 2016 to 2017?
|
{
"options": {
"A": "0.01211",
"B": "-0.01211",
"C": "0.08136",
"D": "-0.08136"
},
"goldenKey": "B"
}
|
{
"A": "0.01211",
"B": "-0.01211",
"C": "0.08136",
"D": "-0.08136"
}
|
B
|
finqa885
|
Please answer the given financial question based on the context.
Context: table of contents adobe inc . notes to consolidated financial statements ( continued ) goodwill , purchased intangibles and other long-lived assets goodwill is assigned to one or more reporting segments on the date of acquisition . we review our goodwill for impairment annually during our second quarter of each fiscal year and between annual tests if an event occurs or circumstances change that would more likely than not reduce the fair value of any one of our reporting units below its respective carrying amount . in performing our goodwill impairment test , we first perform a qualitative assessment , which requires that we consider events or circumstances including macroeconomic conditions , industry and market considerations , cost factors , overall financial performance , changes in management or key personnel , changes in strategy , changes in customers , changes in the composition or carrying amount of a reporting segment 2019s net assets and changes in our stock price . if , after assessing the totality of events or circumstances , we determine that it is more likely than not that the fair values of our reporting segments are greater than the carrying amounts , then the quantitative goodwill impairment test is not performed . if the qualitative assessment indicates that the quantitative analysis should be performed , we then evaluate goodwill for impairment by comparing the fair value of each of our reporting segments to its carrying value , including the associated goodwill . to determine the fair values , we use the equal weighting of the market approach based on comparable publicly traded companies in similar lines of businesses and the income approach based on estimated discounted future cash flows . our cash flow assumptions consider historical and forecasted revenue , operating costs and other relevant factors . we completed our annual goodwill impairment test in the second quarter of fiscal 2018 . we determined , after performing a qualitative review of each reporting segment , that it is more likely than not that the fair value of each of our reporting segments substantially exceeds the respective carrying amounts . accordingly , there was no indication of impairment and the quantitative goodwill impairment test was not performed . we did not identify any events or changes in circumstances since the performance of our annual goodwill impairment test that would require us to perform another goodwill impairment test during the fiscal year . we amortize intangible assets with finite lives over their estimated useful lives and review them for impairment whenever an impairment indicator exists . we continually monitor events and changes in circumstances that could indicate carrying amounts of our long-lived assets , including our intangible assets may not be recoverable . when such events or changes in circumstances occur , we assess recoverability by determining whether the carrying value of such assets will be recovered through the undiscounted expected future cash flows . if the future undiscounted cash flows are less than the carrying amount of these assets , we recognize an impairment loss based on any excess of the carrying amount over the fair value of the assets . we did not recognize any intangible asset impairment charges in fiscal 2018 , 2017 or 2016 . during fiscal 2018 , our intangible assets were amortized over their estimated useful lives ranging from 1 to 14 years . amortization is based on the pattern in which the economic benefits of the intangible asset will be consumed or on a straight-line basis when the consumption pattern is not apparent . the weighted average useful lives of our intangible assets were as follows : weighted average useful life ( years ) .
||weighted averageuseful life ( years )|
|purchased technology|6|
|customer contracts and relationships|9|
|trademarks|9|
|acquired rights to use technology|10|
|backlog|2|
|other intangibles|4|
income taxes we use the asset and liability method of accounting for income taxes . under this method , income tax expense is recognized for the amount of taxes payable or refundable for the current year . in addition , deferred tax assets and liabilities are recognized for expected future tax consequences of temporary differences between the financial reporting and tax bases of assets and liabilities , and for operating losses and tax credit carryforwards . we record a valuation allowance to reduce deferred tax assets to an amount for which realization is more likely than not. .
Question: what is the average yearly amortization expense related to purchased technology?
Answer:
|
16.66667
|
what is the average yearly amortization expense related to purchased technology?
|
{
"options": {
"A": "6",
"B": "9",
"C": "10",
"D": "16.66667"
},
"goldenKey": "D"
}
|
{
"A": "6",
"B": "9",
"C": "10",
"D": "16.66667"
}
|
D
|
finqa886
|
Please answer the given financial question based on the context.
Context: table of contents ( 4 ) the increase in cash flows was primarily due to the timing of inventory purchases and longer payment terms with certain vendors . in order to manage our working capital and operating cash needs , we monitor our cash conversion cycle , defined as days of sales outstanding in accounts receivable plus days of supply in inventory minus days of purchases outstanding in accounts payable , based on a rolling three-month average . components of our cash conversion cycle are as follows: .
|( in days )|december 31 , 2017|december 31 , 2016|december 31 , 2015|
|days of sales outstanding ( dso ) ( 1 )|52|51|48|
|days of supply in inventory ( dio ) ( 2 )|12|12|13|
|days of purchases outstanding ( dpo ) ( 3 )|-45 ( 45 )|-44 ( 44 )|-40 ( 40 )|
|cash conversion cycle|19|19|21|
( 1 ) represents the rolling three-month average of the balance of accounts receivable , net at the end of the period , divided by average daily net sales for the same three-month period . also incorporates components of other miscellaneous receivables . ( 2 ) represents the rolling three-month average of the balance of merchandise inventory at the end of the period divided by average daily cost of sales for the same three-month period . ( 3 ) represents the rolling three-month average of the combined balance of accounts payable-trade , excluding cash overdrafts , and accounts payable-inventory financing at the end of the period divided by average daily cost of sales for the same three-month period . the cash conversion cycle was 19 days at december 31 , 2017 and 2016 . the increase in dso was primarily driven by higher net sales and related accounts receivable for third-party services such as saas , software assurance and warranties . these services have an unfavorable impact on dso as the receivable is recognized on the consolidated balance sheet on a gross basis while the corresponding sales amount in the consolidated statement of operations is recorded on a net basis . this also results in a favorable impact on dpo as the payable is recognized on the consolidated balance sheet without a corresponding cost of sales in the statement of operations because the cost paid to the vendor or third-party service provider is recorded as a reduction to net sales . in addition , dpo also increased due to the mix of payables with certain vendors that have longer payment terms . the cash conversion cycle was 19 and 21 days at december 31 , 2016 and 2015 , respectively . the increase in dso was primarily driven by higher net sales and related accounts receivable for third-party services such as saas , software assurance and warranties . these services have an unfavorable impact on dso as the receivable is recognized on the balance sheet on a gross basis while the corresponding sales amount in the statement of operations is recorded on a net basis . these services have a favorable impact on dpo as the payable is recognized on the balance sheet without a corresponding cost of sale in the statement of operations because the cost paid to the vendor or third-party service provider is recorded as a reduction to net sales . in addition to the impact of these services on dpo , dpo also increased due to the mix of payables with certain vendors that have longer payment terms . investing activities net cash used in investing activities increased $ 15 million in 2017 compared to 2016 . capital expenditures increased $ 17 million to $ 81 million from $ 64 million for 2017 and 2016 , respectively , primarily related to improvements to our information technology systems . net cash used in investing activities decreased $ 289 million in 2016 compared to 2015 . the decrease in cash used was primarily due to the completion of the acquisition of cdw uk in 2015 . additionally , capital expenditures decreased $ 26 million to $ 64 million from $ 90 million for 2016 and 2015 , respectively , primarily due to spending for our new office location in 2015 . financing activities net cash used in financing activities increased $ 514 million in 2017 compared to 2016 . the increase was primarily driven by changes in accounts payable-inventory financing , which resulted in an increase in cash used for financing activities of $ 228 million and by share repurchases during 2017 , which resulted in an increase in cash used for financing activities of $ 167 million . for more information on our share repurchase program , see part ii , item 5 , 201cmarket for registrant 2019s common equity , related stockholder matters and issuer purchases of equity securities . 201d the increase in cash used for accounts payable-inventory financing was primarily driven by the termination of one of our inventory financing agreements in the fourth quarter of 2016 , with amounts .
Question: what was the average capital expenditures , in millions , for 2016 and 2015?
Answer:
|
77.0
|
what was the average capital expenditures , in millions , for 2016 and 2015?
|
{
"options": {
"A": "64.0",
"B": "81.0",
"C": "90.0",
"D": "77.0"
},
"goldenKey": "D"
}
|
{
"A": "64.0",
"B": "81.0",
"C": "90.0",
"D": "77.0"
}
|
D
|
finqa887
|
Please answer the given financial question based on the context.
Context: table of contents item 2 . properties flight equipment and fleet renewal as of december 31 , 2016 , american operated a mainline fleet of 930 aircraft . in 2016 , we continued our extensive fleet renewal program , which has provided us with the youngest fleet of the major u.s . network carriers . during 2016 , american took delivery of 55 new mainline aircraft and retired 71 aircraft . we are supported by our wholly-owned and third-party regional carriers that fly under capacity purchase agreements operating as american eagle . as of december 31 , 2016 , american eagle operated 606 regional aircraft . during 2016 , we increased our regional fleet by 61 regional aircraft , we removed and placed in temporary storage one embraer erj 140 aircraft and retired 41 other regional aircraft . mainline as of december 31 , 2016 , american 2019s mainline fleet consisted of the following aircraft : average seating capacity average ( years ) owned leased total .
||average seating capacity|average age ( years )|owned|leased|total|
|airbus a319|128|12.8|19|106|125|
|airbus a320|150|15.5|10|41|51|
|airbus a321|178|4.9|153|46|199|
|airbusa330-200|258|5.0|15|2014|15|
|airbusa330-300|291|16.4|4|5|9|
|boeing737-800|160|7.7|123|161|284|
|boeing757-200|179|17.9|39|12|51|
|boeing767-300er|211|19.5|28|3|31|
|boeing777-200er|263|16.0|44|3|47|
|boeing777-300er|310|2.8|18|2|20|
|boeing787-8|226|1.3|17|2014|17|
|boeing787-9|285|0.2|4|2014|4|
|embraer 190|99|9.2|20|2014|20|
|mcdonnell douglasmd-80|140|22.0|25|32|57|
|total||10.3|519|411|930|
.
Question: what was the net change in airliner count during 2016?
Answer:
|
-16.0
|
what was the net change in airliner count during 2016?
|
{
"options": {
"A": "-16.0",
"B": "55",
"C": "61",
"D": "71"
},
"goldenKey": "A"
}
|
{
"A": "-16.0",
"B": "55",
"C": "61",
"D": "71"
}
|
A
|
finqa888
|
Please answer the given financial question based on the context.
Context: .
||12/07|12/08|12/09|12/10|12/11|12/12|
|fidelity national information services inc .|100.00|70.08|101.93|120.01|117.34|157.38|
|s&p 500|100.00|63.00|79.67|91.67|93.61|108.59|
|s&p supercap data processing & outsourced services|100.00|68.26|99.41|97.33|118.68|151.90|
s&p supercap data processing & outsourced 100.00 68.26 99.41 97.33 118.68 151.90 item 6 . selected financial data . the selected financial data set forth below constitutes historical financial data of fis and should be read in conjunction with item 7 , management 2019s discussion and analysis of financial condition and results of operations , and item 8 , financial statements and supplementary data , included elsewhere in this report . on october 1 , 2009 , we completed the acquisition of metavante technologies , inc . ( "metavante" ) . the results of operations and financial position of metavante are included in the consolidated financial statements since the date of acquisition . on july 2 , 2008 , we completed the spin-off of lender processing services , inc. , which was a former wholly-owned subsidiary ( "lps" ) . for accounting purposes , the results of lps are presented as discontinued operations . accordingly , all prior periods have been restated to present the results of fis on a stand alone basis and include the results of lps up to july 2 , 2008 , as discontinued operations. .
Question: what was the percentage cumulative 5-year total shareholder return on common stock fidelity national information services , inc . for the period ending 12/12?
Answer:
|
0.5738
|
what was the percentage cumulative 5-year total shareholder return on common stock fidelity national information services , inc . for the period ending 12/12?
|
{
"options": {
"A": "0.1000",
"B": "0.1708",
"C": "0.5738",
"D": "0.1086"
},
"goldenKey": "C"
}
|
{
"A": "0.1000",
"B": "0.1708",
"C": "0.5738",
"D": "0.1086"
}
|
C
|
finqa889
|
Please answer the given financial question based on the context.
Context: equity equity at december 31 , 2014 was $ 6.6 billion , a decrease of $ 1.6 billion from december 31 , 2013 . the decrease resulted primarily due to share repurchases of $ 2.3 billion , $ 273 million of dividends to shareholders , and an increase in accumulated other comprehensive loss of $ 760 million , partially offset by net income of $ 1.4 billion . the $ 760 million increase in accumulated other comprehensive loss from december 31 , 2013 , primarily reflects the following : 2022 negative net foreign currency translation adjustments of $ 504 million , which are attributable to the strengthening of the u.s . dollar against certain foreign currencies , 2022 an increase of $ 260 million in net post-retirement benefit obligations , 2022 net derivative gains of $ 5 million , and 2022 net investment losses of $ 1 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 ( millions except percentage data )|2014|2013|2012|
|revenue|$ 7834|$ 7789|$ 7632|
|operating income|1648|1540|1493|
|operating margin|21.0% ( 21.0 % )|19.8% ( 19.8 % )|19.6% ( 19.6 % )|
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 most closely correlated with employment levels , corporate revenue and asset values . during 2014 , pricing was flat on average globally , and we would still consider this to be a "soft market." 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 . additionally , continuing through 2014 , we faced difficult conditions as a result of continued weakness in the global economy , the repricing of credit risk and the deterioration of the financial markets . weak economic conditions in many markets around the globe have reduced our customers' demand for our retail brokerage and reinsurance brokerage products , which have had a negative impact on our operational results . risk solutions generated approximately 65% ( 65 % ) of our consolidated total revenues in 2014 . 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' 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 .
Question: what is the difference between the average and the 2014's operating margin?
Answer:
|
0.00867
|
what is the difference between the average and the 2014's operating margin?
|
{
"options": {
"A": "0.00867",
"B": "0.012",
"C": "0.002",
"D": "0.004"
},
"goldenKey": "A"
}
|
{
"A": "0.00867",
"B": "0.012",
"C": "0.002",
"D": "0.004"
}
|
A
|
finqa891
|
Please answer the given financial question based on the context.
Context: advance auto parts , inc . and subsidiaries notes to the consolidated financial statements 2013 ( continued ) december 29 , 2007 , december 30 , 2006 and december 31 , 2005 ( in thousands , except per share data ) 11 . stock repurchase program : during fiscal 2007 , the company's board of directors authorized a new stock repurchase program of up to $ 500000 of the company's common stock plus related expenses . the new program cancelled and replaced the remaining portion of the previous $ 300000 stock repurchase program . the program allows the company to repurchase its common stock on the open market or in privately negotiated transactions from time to time in accordance with the requirements of the securities and exchange commission . during fiscal 2007 , the company repurchased 8341 shares of common stock at an aggregate cost of $ 285869 , or an average price of $ 34.27 per share , of which 1330 shares of common stock were repurchased under the previous $ 300000 stock repurchase program . as of december 29 , 2007 , 77 shares have been repurchased at an aggregate cost of $ 2959 and remained unsettled . during fiscal 2007 , the company retired 6329 shares previously repurchased under the stock repurchase programs . at december 29 , 2007 , the company had $ 260567 remaining under the current stock repurchase program . subsequent to december 29 , 2007 , the company repurchased 4563 shares of common stock at an aggregate cost of $ 155350 , or an average price of $ 34.04 per share . during fiscal 2006 , the company retired 5117 shares of common stock which were previously repurchased under the company 2019s prior stock repurchase program . these shares were repurchased during fiscal 2006 and fiscal 2005 at an aggregate cost of $ 192339 , or an average price of $ 37.59 per share . 12 . income taxes : as a result of the adoption of fin 48 on december 31 , 2006 , the company recorded an increase of $ 2275 to the liability for unrecognized tax benefits and a corresponding decrease in its balance of retained earnings . the following table summarizes the activity related to our unrecognized tax benefits for the fiscal year ended december 29 , 2007: .
|balance at december 31 2006|$ 16453|
|gross increases related to prior period tax positions|1279|
|gross decreases related to prior period tax positions|-1853 ( 1853 )|
|gross increases related to current period tax positions|5340|
|settlements|-539 ( 539 )|
|expiration of statute of limitations|-271 ( 271 )|
|balance at december 29 2007|$ 20409|
as of december 29 , 2007 the entire amount of unrecognized tax benefits , if recognized , would reduce the company 2019s annual effective tax rate . with the adoption of fin 48 , the company provides for interest and penalties as a part of income tax expense . during fiscal 2007 , the company accrued potential penalties and interest of $ 709 and $ 1827 , respectively , related to these unrecognized tax benefits . as of december 29 , 2007 , the company has recorded a liability for potential penalties and interest of $ 1843 and $ 4421 , respectively . prior to the adoption of fin 48 , the company classified interest associated with tax contingencies in interest expense . the company has not provided for any penalties associated with tax contingencies unless considered probable of assessment . the company does not expect its unrecognized tax benefits to change significantly over the next 12 months . during the next 12 months , it is possible the company could conclude on $ 2000 to $ 3000 of the contingencies associated with unrecognized tax uncertainties due mainly to settlements and expiration of statute of limitations ( including tax benefits , interest and penalties ) . the majority of these resolutions would be achieved through the completion of current income tax examinations. .
Question: what is the percentage change in the stock price from average price of 2005 and 2006 to the average price of 2007?
Answer:
|
-0.08832
|
what is the percentage change in the stock price from average price of 2005 and 2006 to the average price of 2007?
|
{
"options": {
"A": "-0.08832%",
"B": "0.08832%",
"C": "-8.832%",
"D": "8.832%"
},
"goldenKey": "A"
}
|
{
"A": "-0.08832%",
"B": "0.08832%",
"C": "-8.832%",
"D": "8.832%"
}
|
A
|
finqa892
|
Please answer the given financial question based on the context.
Context: welltower inc . notes to consolidated financial statements is no longer present ( and additional weight may be given to subjective evidence such as our projections for growth ) . the valuation allowance rollforward is summarized as follows for the periods presented ( in thousands ) : year ended december 31 , 2017 2016 2015 .
|2016|year ended december 31 2017 2016|year ended december 31 2017 2016|year ended december 31 2017|
|beginning balance|$ 96838|$ 98966|$ 85207|
|expense ( benefit )|30445|-2128 ( 2128 )|13759|
|ending balance|$ 127283|$ 96838|$ 98966|
as a result of certain acquisitions , we are subject to corporate level taxes for any related asset dispositions that may occur during the five-year period immediately after such assets were owned by a c corporation ( 201cbuilt-in gains tax 201d ) . the amount of income potentially subject to this special corporate level tax is generally equal to the lesser of ( a ) the excess of the fair value of the asset over its adjusted tax basis as of the date it became a reit asset , or ( b ) the actual amount of gain . some but not all gains recognized during this period of time could be offset by available net operating losses and capital loss carryforwards . during the year ended december 31 , 2016 , we acquired certain additional assets with built-in gains as of the date of acquisition that could be subject to the built-in gains tax if disposed of prior to the expiration of the applicable ten-year period . we have not recorded a deferred tax liability as a result of the potential built-in gains tax based on our intentions with respect to such properties and available tax planning strategies . under the provisions of the reit investment diversification and empowerment act of 2007 ( 201cridea 201d ) , for taxable years beginning after july 30 , 2008 , the reit may lease 201cqualified health care properties 201d on an arm 2019s-length basis to a trs if the property is operated on behalf of such subsidiary by a person who qualifies as an 201celigible independent contractor . 201d generally , the rent received from the trs will meet the related party rent exception and will be treated as 201crents from real property . 201d a 201cqualified health care property 201d includes real property and any personal property that is , or is necessary or incidental to the use of , a hospital , nursing facility , assisted living facility , congregate care facility , qualified continuing care facility , or other licensed facility which extends medical or nursing or ancillary services to patients . we have entered into various joint ventures that were structured under ridea . resident level rents and related operating expenses for these facilities are reported in the consolidated financial statements and are subject to federal , state and foreign income taxes as the operations of such facilities are included in a trs . certain net operating loss carryforwards could be utilized to offset taxable income in future years . given the applicable statute of limitations , we generally are subject to audit by the internal revenue service ( 201cirs 201d ) for the year ended december 31 , 2014 and subsequent years . the statute of limitations may vary in the states in which we own properties or conduct business . we do not expect to be subject to audit by state taxing authorities for any year prior to the year ended december 31 , 2011 . we are also subject to audit by the canada revenue agency and provincial authorities generally for periods subsequent to may 2012 related to entities acquired or formed in connection with acquisitions , and by the u.k . 2019s hm revenue & customs for periods subsequent to august 2012 related to entities acquired or formed in connection with acquisitions . at december 31 , 2017 , we had a net operating loss ( 201cnol 201d ) carryforward related to the reit of $ 448475000 . due to our uncertainty regarding the realization of certain deferred tax assets , we have not recorded a deferred tax asset related to nols generated by the reit . these amounts can be used to offset future taxable income ( and/or taxable income for prior years if an audit determines that tax is owed ) , if any . the reit will be entitled to utilize nols and tax credit carryforwards only to the extent that reit taxable income exceeds our deduction for dividends paid . the nol carryforwards generated through december 31 , 2017 will expire through 2036 . beginning with tax years after december 31 , 2017 , the tax cuts and jobs act ( 201ctax act 201d ) eliminates the carryback period , limits the nols to 80% ( 80 % ) of taxable income and replaces the 20-year carryforward period with an indefinite carryforward period. .
Question: what is the percentage change in the balance valuation allowance rollforward during 2017?
Answer:
|
0.31439
|
what is the percentage change in the balance valuation allowance rollforward during 2017?
|
{
"options": {
"A": "0.31439%",
"B": "3.1439%",
"C": "31.439%",
"D": "314.39%"
},
"goldenKey": "A"
}
|
{
"A": "0.31439%",
"B": "3.1439%",
"C": "31.439%",
"D": "314.39%"
}
|
A
|
finqa893
|
Please answer the given financial question based on the context.
Context: baker hughes , a ge company notes to consolidated and combined financial statements bhge 2017 form 10-k | 85 the total intrinsic value of rsus ( defined as the value of the shares awarded at the current market price ) vested and outstanding in 2017 was $ 17 million and $ 38 million , respectively . the total fair value of rsus vested in 2017 was $ 19 million . as of december 31 , 2017 , there was $ 98 million of total unrecognized compensation cost related to unvested rsus , which is expected to be recognized over a weighted average period of 2.5 years . note 12 . equity common stock we are authorized to issue 2 billion shares of class a common stock , 1.25 billion shares of class b common stock and 50 million shares of preferred stock each of which have a par value of $ 0.0001 per share . on july 3 , 2017 , each share of baker hughes common stock was converted into one share of class a common stock in the company . the number of class a common stock and class b common stock shares outstanding at december 31 , 2017 is 422 million and 707 million , respectively . we have not issued any preferred stock . ge owns all the issued and outstanding class b common stock . each share of class a and class b common stock and the associated membership interest in bhge llc form a paired interest . while each share of class b common stock has equal voting rights to a share of class a common stock , it has no economic rights , meaning holders of class b common stock have no right to dividends and any assets in the event of liquidation of the company . former baker hughes stockholders immediately after the completion of the transactions received a special one-time cash dividend of $ 17.50 per share paid by the company to holders of record of the company's class a common stock . in addition , during 2017 the company declared and paid regular dividends of $ 0.17 per share and $ 0.18 per share to holders of record of the company's class a common stock during the quarters ended september 30 , 2017 and december 31 , 2017 , respectively . the following table presents the changes in number of shares outstanding ( in thousands ) : class a common class b common .
||class a common stock|class b common stock|
|balance at december 31 2016|2014|2014|
|issue of shares on business combination at july 3 2017|427709|717111|
|issue of shares upon vesting of restricted stock units ( 1 )|290|2014|
|issue of shares on exercises of stock options ( 1 )|256|2014|
|stock repurchase program ( 2 ) ( 3 )|-6047 ( 6047 )|-10126 ( 10126 )|
|balance at december 31 2017|422208|706985|
( 1 ) share amounts reflected above are net of shares withheld to satisfy the employee's tax withholding obligation . ( 2 ) on november 2 , 2017 , our board of directors authorized bhge llc to repurchase up to $ 3 billion of its common units from the company and ge . the proceeds of this repurchase are to be used by bhge to repurchase class a common stock of the company on the open market , which if fully implemented would result in the repurchase of approximately $ 1.1 billion of class a common stock . the class b common stock of the company , that is paired with repurchased common units , was repurchased by the company at par value . the $ 3 billion repurchase authorization is the aggregate authorization for repurchases of class a and class b common stock together with its paired unit . bhge llc had authorization remaining to repurchase up to approximately $ 2.5 billion of its common units from bhge and ge at december 31 , 2017 . ( 3 ) during 2017 , we repurchased and canceled 6046735 shares of class a common stock for a total of $ 187 million . we also repurchased and canceled 10126467 shares of class b common stock from ge which is paired together with common units of bhge llc for $ 314 million. .
Question: what is the balance of class a common stock as a percentage of class b common stock?
Answer:
|
0.5972
|
what is the balance of class a common stock as a percentage of class b common stock?
|
{
"options": {
"A": "0.5972",
"B": "0.4028",
"C": "0.4222",
"D": "0.5778"
},
"goldenKey": "A"
}
|
{
"A": "0.5972",
"B": "0.4028",
"C": "0.4222",
"D": "0.5778"
}
|
A
|
finqa894
|
Please answer the given financial question based on the context.
Context: part i item 1 entergy corporation , utility operating companies , and system energy entergy new orleans provides electric and gas service in the city of new orleans pursuant to indeterminate permits set forth in city ordinances ( except electric service in algiers , which is provided by entergy louisiana ) . these ordinances contain a continuing option for the city of new orleans to purchase entergy new orleans 2019s electric and gas utility properties . entergy texas holds a certificate of convenience and necessity from the puct to provide electric service to areas within approximately 27 counties in eastern texas , and holds non-exclusive franchises to provide electric service in approximately 68 incorporated municipalities . entergy texas was typically granted 50-year franchises , but recently has been receiving 25-year franchises . entergy texas 2019s electric franchises expire during 2013-2058 . the business of system energy is limited to wholesale power sales . it has no distribution franchises . property and other generation resources generating stations the total capability of the generating stations owned and leased by the utility operating companies and system energy as of december 31 , 2011 , is indicated below: .
|company|owned and leased capability mw ( 1 ) total|owned and leased capability mw ( 1 ) gas/oil|owned and leased capability mw ( 1 ) nuclear|owned and leased capability mw ( 1 ) coal|owned and leased capability mw ( 1 ) hydro|
|entergy arkansas|4774|1668|1823|1209|74|
|entergy gulf states louisiana|3317|1980|974|363|-|
|entergy louisiana|5424|4265|1159|-|-|
|entergy mississippi|3229|2809|-|420|-|
|entergy new orleans|764|764|-|-|-|
|entergy texas|2538|2269|-|269|-|
|system energy|1071|-|1071|-|-|
|total|21117|13755|5027|2261|74|
( 1 ) 201cowned and leased capability 201d is the dependable load carrying capability as demonstrated under actual operating conditions based on the primary fuel ( assuming no curtailments ) that each station was designed to utilize . the entergy system's load and capacity projections are reviewed periodically to assess the need and timing for additional generating capacity and interconnections . these reviews consider existing and projected demand , the availability and price of power , the location of new load , and the economy . summer peak load in the entergy system service territory has averaged 21246 mw from 2002-2011 . in the 2002 time period , the entergy system's long-term capacity resources , allowing for an adequate reserve margin , were approximately 3000 mw less than the total capacity required for peak period demands . in this time period the entergy system met its capacity shortages almost entirely through short-term power purchases in the wholesale spot market . in the fall of 2002 , the entergy system began a program to add new resources to its existing generation portfolio and began a process of issuing requests for proposals ( rfp ) to procure supply-side resources from sources other than the spot market to meet the unique regional needs of the utility operating companies . the entergy system has adopted a long-term resource strategy that calls for the bulk of capacity needs to be met through long-term resources , whether owned or contracted . entergy refers to this strategy as the "portfolio transformation strategy" . over the past nine years , portfolio transformation has resulted in the addition of about 4500 mw of new long-term resources . these figures do not include transactions currently pending as a result of the summer 2009 rfp . when the summer 2009 rfp transactions are included in the entergy system portfolio of long-term resources and adjusting for unit deactivations of older generation , the entergy system is approximately 500 mw short of its projected 2012 peak load plus reserve margin . this remaining need is expected to be met through a nuclear uprate at grand gulf and limited-term resources . the entergy system will continue to access the spot power market to economically .
Question: what portion of the total capabilities is generated from nuclear station for entergy as a whole?
Answer:
|
0.23805
|
what portion of the total capabilities is generated from nuclear station for entergy as a whole?
|
{
"options": {
"A": "0.056",
"B": "0.102",
"C": "0.238",
"D": "0.426"
},
"goldenKey": "C"
}
|
{
"A": "0.056",
"B": "0.102",
"C": "0.238",
"D": "0.426"
}
|
C
|
finqa895
|
Please answer the given financial question based on the context.
Context: issuer purchases of equity securities the following table provides information about our repurchases of common stock during the three-month period ended december 31 , 2012 . period total number of shares purchased average price paid per total number of shares purchased as part of publicly announced program ( a ) amount available for future share repurchases the program ( b ) ( in millions ) .
|period|total number of shares purchased|average price paid per share|total number of shares purchased as part of publicly announced program ( a )|amount available for future share repurchases under the program ( b ) ( in millions )|
|october 1 2012 2013 october 28 2012|842445|$ 93.38|842445|$ 2522|
|october 29 2012 2013 november 25 2012|872973|90.86|872973|2443|
|november 26 2012 2013 december 31 2012|1395288|92.02|1395288|2315|
|total|3110706|$ 92.07|3110706|$ 2315|
( a ) we repurchased a total of 3.1 million shares of our common stock for $ 286 million during the quarter ended december 31 , 2012 under a share repurchase program that we announced in october 2010 . ( b ) our board of directors has approved a share repurchase program for the repurchase of our common stock from time-to-time , authorizing an amount available for share repurchases of $ 6.5 billion . under the program , management has discretion to determine the dollar amount of shares to be repurchased and the timing of any repurchases in compliance with applicable law and regulation . the program does not have an expiration date . as of december 31 , 2012 , we had repurchased a total of 54.3 million shares under the program for $ 4.2 billion. .
Question: what is the total value of repurchased shares during december 2012 , in millions?
Answer:
|
128.3944
|
what is the total value of repurchased shares during december 2012 , in millions?
|
{
"options": {
"A": "128.3944",
"B": "2315",
"C": "4.2",
"D": "6.5"
},
"goldenKey": "A"
}
|
{
"A": "128.3944",
"B": "2315",
"C": "4.2",
"D": "6.5"
}
|
A
|
finqa896
|
Please answer the given financial question based on the context.
Context: contractual obligations the following table summarizes our significant contractual obligations as of december 28 , 2013: .
|( in millions )|payments due by period total|payments due by period less than1 year|payments due by period 1 20133 years|payments due by period 3 20135 years|payments due by period more than5 years|
|operating lease obligations|$ 870|$ 208|$ 298|$ 166|$ 198|
|capital purchase obligations1|5503|5375|125|2014|3|
|other purchase obligations and commitments2|1859|772|744|307|36|
|long-term debt obligations3|22372|429|2360|3761|15822|
|other long-term liabilities4 5|1496|569|663|144|120|
|total6|$ 32100|$ 7353|$ 4190|$ 4378|$ 16179|
capital purchase obligations1 5503 5375 125 2014 3 other purchase obligations and commitments2 1859 772 744 307 36 long-term debt obligations3 22372 429 2360 3761 15822 other long-term liabilities4 , 5 1496 569 663 144 120 total6 $ 32100 $ 7353 $ 4190 $ 4378 $ 16179 1 capital purchase obligations represent commitments for the construction or purchase of property , plant and equipment . they were not recorded as liabilities on our consolidated balance sheets as of december 28 , 2013 , as we had not yet received the related goods or taken title to the property . 2 other purchase obligations and commitments include payments due under various types of licenses and agreements to purchase goods or services , as well as payments due under non-contingent funding obligations . funding obligations include agreements to fund various projects with other companies . 3 amounts represent principal and interest cash payments over the life of the debt obligations , including anticipated interest payments that are not recorded on our consolidated balance sheets . any future settlement of convertible debt would impact our cash payments . 4 we are unable to reliably estimate the timing of future payments related to uncertain tax positions ; therefore , $ 188 million of long-term income taxes payable has been excluded from the preceding table . however , long- term income taxes payable , recorded on our consolidated balance sheets , included these uncertain tax positions , reduced by the associated federal deduction for state taxes and u.s . tax credits arising from non- u.s . income taxes . 5 amounts represent future cash payments to satisfy other long-term liabilities recorded on our consolidated balance sheets , including the short-term portion of these long-term liabilities . expected required contributions to our u.s . and non-u.s . pension plans and other postretirement benefit plans of $ 62 million to be made during 2014 are also included ; however , funding projections beyond 2014 are not practicable to estimate . 6 total excludes contractual obligations already recorded on our consolidated balance sheets as current liabilities except for the short-term portions of long-term debt obligations and other long-term liabilities . contractual obligations for purchases of goods or services , included in other purchase obligations and commitments in the preceding table , include agreements that are enforceable and legally binding on intel and that specify all significant terms , including fixed or minimum quantities to be purchased ; fixed , minimum , or variable price provisions ; and the approximate timing of the transaction . for obligations with cancellation provisions , the amounts included in the preceding table were limited to the non-cancelable portion of the agreement terms or the minimum cancellation fee . we have entered into certain agreements for the purchase of raw materials that specify minimum prices and quantities based on a percentage of the total available market or based on a percentage of our future purchasing requirements . due to the uncertainty of the future market and our future purchasing requirements , as well as the non-binding nature of these agreements , obligations under these agreements are not included in the preceding table . our purchase orders for other products are based on our current manufacturing needs and are fulfilled by our vendors within short time horizons . in addition , some of our purchase orders represent authorizations to purchase rather than binding agreements . table of contents management 2019s discussion and analysis of financial condition and results of operations ( continued ) .
Question: what was the percent of the pension plans and other post retirement benefit plans included in the total other long-term liabilities as of december 28 , 2013
Answer:
|
0.04144
|
what was the percent of the pension plans and other post retirement benefit plans included in the total other long-term liabilities as of december 28 , 2013
|
{
"options": {
"A": "0.00414",
"B": "0.01444",
"C": "0.04144",
"D": "0.14444"
},
"goldenKey": "C"
}
|
{
"A": "0.00414",
"B": "0.01444",
"C": "0.04144",
"D": "0.14444"
}
|
C
|
finqa897
|
Please answer the given financial question based on the context.
Context: which , $ 44.9 million , or $ 38.2 million , net of taxes , is expected to be reclassified to earnings over the next twelve months . we also enter into foreign currency forward exchange contracts with terms of one month to manage currency exposures for assets and liabilities denominated in a currency other than an entity 2019s functional currency . as a result , any foreign currency translation gains/losses recognized in earnings under sfas no . 52 , 201cforeign currency translation 201d are generally offset with gains/losses on the foreign currency forward exchange contracts in the same reporting period . other comprehensive income 2013 other comprehensive income refers to revenues , expenses , gains and losses that under generally accepted accounting principles are included in comprehensive income but are excluded from net earnings as these amounts are recorded directly as an adjustment to stockholders 2019 equity . other comprehensive income is comprised of foreign currency translation adjustments , unrealized foreign currency hedge gains and losses , unrealized gains and losses on available-for-sale securities and amortization of prior service costs and unrecognized gains and losses in actuarial assumptions . the components of accumulated other comprehensive income are as follows ( in millions ) : balance at december 31 , comprehensive income ( loss ) balance at december 31 .
||balance at december 31 2006|other comprehensive income ( loss )|balance at december 31 2007|
|foreign currency translation|$ 267.7|$ 101.1|$ 368.8|
|foreign currency hedges|-22.6 ( 22.6 )|-22.8 ( 22.8 )|-45.4 ( 45.4 )|
|unrealized gains ( losses ) on securities|-0.5 ( 0.5 )|-1.4 ( 1.4 )|-1.9 ( 1.9 )|
|unrecognized prior service cost and unrecognized ( gain ) / loss in actuarial assumptions|-35.4 ( 35.4 )|4.2|-31.2 ( 31.2 )|
|accumulated other comprehensive income|$ 209.2|$ 81.1|$ 290.3|
treasury stock 2013 we account for repurchases of common stock under the cost method and present treasury stock as a reduction of shareholders equity . we may reissue common stock held in treasury only for limited purposes . accounting pronouncements 2013 in june 2006 , the fasb issued interpretation no . 48 , 201caccounting for uncertainty in income taxes , an interpretation of fas 109 , accounting for income taxes 201d ( fin 48 ) , to create a single model to address accounting for uncertainty in tax positions . see our income tax disclosures in note 11 for more information regarding the adoption of fin 48 . in september 2006 , the fasb issued sfas no . 158 , 201cemployers 2019 accounting for defined benefit pension and other postretirement plans 2013 an amendment of fasb statements no . 87 , 88 , 106 and 132 ( r ) . 201d this statement requires recognition of the funded status of a benefit plan in the statement of financial position . sfas no . 158 also requires recognition in other comprehensive income of certain gains and losses that arise during the period but are deferred under pension accounting rules , as well as modifies the timing of reporting and adds certain disclosures . the statement provides recognition and disclosure elements to be effective as of the end of the fiscal year after december 15 , 2006 and measurement elements to be effective for fiscal years ending after december 15 , 2008 . we adopted sfas no . 158 on december 31 , 2006 . see our pension and other postretirement disclosures in note 10 . in december 2004 , the fasb issued sfas no . 123 ( r ) , 201cshare-based payment 201d , which is a revision to sfas no . 123 . sfas 123 ( r ) requires all share-based payments to employees , including stock options , to be expensed based on their fair values . we adopted sfas 123 ( r ) on january 1 , 2006 using the modified prospective method and did not restate prior periods . in september 2006 , the fasb issued sfas no . 157 , 201cfair value measurements 201d , which defines fair value , establishes a framework for measuring fair value in generally accepted accounting principles and expands disclosures about fair value measurements . this statement does not require any new fair value measurements , but provides guidance on how to measure fair value by providing a fair value hierarchy used to classify the source of the information . sfas no . 157 is effective for financial statements issued for fiscal years beginning after november 15 , 2007 and interim periods within those fiscal years . in february 2008 , the fasb issued fasb staff position ( fsp ) no . sfas 157-2 , which delays the effective date of certain provisions of sfas no . 157 relating to non-financial assets and liabilities measured at fair value on a non-recurring basis until fiscal years beginning after november 15 , 2008 . the adoption of sfas no . 157 is not expected to have a material impact on our consolidated financial statements or results of operations . in february 2007 , the fasb issued sfas no . 159 , 201cthe fair value option for financial assets and financial liabilities 2013 including an amendment of fasb statement no . 115 201d ( sfas no . 159 ) . sfas no . 159 creates a 201cfair value option 201d under which an entity may elect to record certain financial assets or liabilities at fair value upon their initial recognition . subsequent changes in fair value would be recognized in earnings as those changes occur . the election of the fair value option would be made on a contract-by-contract basis and would need to be supported by concurrent documentation or a preexisting documented policy . sfas no . 159 requires an entity to separately disclose the fair z i m m e r h o l d i n g s , i n c . 2 0 0 7 f o r m 1 0 - k a n n u a l r e p o r t notes to consolidated financial statements ( continued ) .
Question: what percent of gains were lost due to foreign currency hedges?
Answer:
|
0.1231
|
what percent of gains were lost due to foreign currency hedges?
|
{
"options": {
"A": "12.31%",
"B": "1.231%",
"C": "0.1231%",
"D": "0.01231%"
},
"goldenKey": "C"
}
|
{
"A": "12.31%",
"B": "1.231%",
"C": "0.1231%",
"D": "0.01231%"
}
|
C
|
finqa899
|
Please answer the given financial question based on the context.
Context: management 2019s discussion and analysis supplemental financial information and disclosures income tax matters effective tax rate from continuing operations .
||2017|2016|2015|
|u.s . gaap|40.1% ( 40.1 % )|30.8% ( 30.8 % )|25.9% ( 25.9 % )|
|adjusted effective income taxrate 2014non-gaap1|30.8% ( 30.8 % )|31.6% ( 31.6 % )|32.3% ( 32.3 % )|
adjusted effective income tax rate 2014 non-gaap1 30.8% ( 30.8 % ) 31.6% ( 31.6 % ) 32.3% ( 32.3 % ) 1 . beginning in 2017 , income tax consequences associated with employee share-based awards are recognized in provision for income taxes in the income statements but are excluded from the intermittent net discrete tax provisions ( benefits ) adjustment as we anticipate conversion activity each year . see note 2 to the financial statements on the adoption of the accounting update improvements to employee share-based payment accounting . for 2015 , adjusted effective income tax rate also excludes dva . for further information on non-gaap measures , see 201cselected non-gaap financial information 201d herein . the effective tax rate from continuing operations for 2017 included an intermittent net discrete tax provision of $ 968 million , primarily related to the impact of the tax act , partially offset by net discrete tax benefits primarily associ- ated with the remeasurement of reserves and related interest due to new information regarding the status of multi-year irs tax examinations . the tax act , enacted on december 22 , 2017 , significantly revised u.s . corporate income tax law by , among other things , reducing the corporate income tax rate to 21% ( 21 % ) , and implementing a modified territorial tax system that includes a one-time transition tax on deemed repatriated earnings of non-u.s . subsidiaries ; imposes a minimum tax on global intangible low-taxed income ( 201cgilti 201d ) and an alternative base erosion and anti-abuse tax ( 201cbeat 201d ) on u.s . corpora- tions that make deductible payments to non-u.s . related persons in excess of specified amounts ; and broadens the tax base by partially or wholly eliminating tax deductions for certain historically deductible expenses ( e.g. , fdic premiums and executive compensation ) . we recorded an approximate $ 1.2 billion net discrete tax provision as a result of the enactment of the tax act , primarily from the remeasurement of certain deferred tax assets using the lower enacted corporate tax rate . this provi- sion incorporates the best available information as of the enactment date as well as assumptions made based upon our current interpretation of the tax act . our estimates may change as we receive additional clarification and implementa- tion guidance from the u.s . treasury department and as the interpretation of the tax act evolves over time . the ultimate impact of the income tax effects of the tax act will be deter- mined in connection with the preparation of our u.s . consoli- dated federal income tax return . taking into account our current assumptions , estimates and interpretations related to the tax act and other factors , we expect our effective tax rate from continuing operations for 2018 to be approximately 22% ( 22 % ) to 25% ( 25 % ) , depending on factors such as the geographic mix of earnings and employee share- based awards ( see 201cforward-looking statements 201d ) . subsequent to the release of the firm 2019s 2017 earnings on january 18 , 2018 , certain estimates related to the net discrete tax provision associated with the enactment of the tax act were revised , resulting in a $ 43 million increase in the provi- sion for income taxes and a reallocation of impacts among segments . this decreased diluted eps and diluted eps from continuing operations by $ 0.03 and $ 0.02 in the fourth quarter and year ended december 31 , 2017 , respectively . on a business segment basis , the change resulted in an $ 89 million increase in provision for income taxes for wealth management , a $ 45 million decrease for institutional securi- ties , and a $ 1 million decrease for investment management . the effective tax rate from continuing operations for 2016 included intermittent net discrete tax benefits of $ 68 million , primarily related to the remeasurement of reserves and related interest due to new information regarding the status of multi- year irs tax examinations , partially offset by adjustments for other tax matters . the effective tax rate from continuing operations for 2015 included intermittent net discrete tax benefits of $ 564 million , primarily associated with the repatriation of non-u.s . earn- ings at a cost lower than originally estimated due to an internal restructuring to simplify the legal entity organization in the u.k . u.s . bank subsidiaries we provide loans to a variety of customers , from large corpo- rate and institutional clients to high net worth individuals , primarily through our u.s . bank subsidiaries , morgan stanley bank n.a . ( 201cmsbna 201d ) and morgan stanley private bank , national association ( 201cmspbna 201d ) ( collectively , 201cu.s . bank subsidiaries 201d ) . the lending activities in the institutional securities business segment primarily include loans and lending commitments to corporate clients . the lending activ- ities in the wealth management business segment primarily include securities-based lending that allows clients to borrow december 2017 form 10-k 52 .
Question: what is the difference between u.s . gaap and adjusted effective income tax rate 2014non-gaap in 2017?
Answer:
|
9.3
|
what is the difference between u.s . gaap and adjusted effective income tax rate 2014non-gaap in 2017?
|
{
"options": {
"A": "10.1%",
"B": "9.3%",
"C": "8.5%",
"D": "7.7%"
},
"goldenKey": "B"
}
|
{
"A": "10.1%",
"B": "9.3%",
"C": "8.5%",
"D": "7.7%"
}
|
B
|
finqa900
|
Please answer the given financial question based on the context.
Context: during 2009 , the company extended the contractual life of 4 million fully vested share options held by 6 employees . as a result of that modification , the company recognized additional compensation expense of $ 1 million for the year ended december 31 , 2009 . restricted stock units ( 201crsus 201d ) performance-based rsus . the company grants performance-based rsus to the company 2019s executive officers and certain employees once per year . the company may also grant performance-based rsus to certain new employees or to employees who assume positions of increasing responsibility at the time those events occur . the number of performance-based rsus that ultimately vest is dependent on one or both of the following as per the terms of the specific award agreement : the achievement of 1 ) internal profitability targets ( performance condition ) and 2 ) market performance targets measured by the comparison of the company 2019s stock performance versus a defined peer group ( market condition ) . the performance-based rsus generally cliff-vest during the company 2019s quarter-end september 30 black-out period three years from the date of grant . the ultimate number of shares of the company 2019s series a common stock issued will range from zero to stretch , with stretch defined individually under each award , net of personal income taxes withheld . the market condition is factored into the estimated fair value per unit and compensation expense for each award will be based on the probability of achieving internal profitability targets , as applicable , and recognized on a straight-line basis over the term of the respective grant , less estimated forfeitures . for performance-based rsus granted without a performance condition , compensation expense is based on the fair value per unit recognized on a straight-line basis over the term of the grant , less estimated forfeitures . in april 2007 , the company granted performance-based rsus to certain employees that vest annually in equal tranches beginning october 1 , 2008 through october 1 , 2011 and include a market condition . the performance- based rsus awarded include a catch-up provision that provides for an additional year of vesting of previously unvested amounts , subject to certain maximums . compensation expense is based on the fair value per unit recognized on a straight-line basis over the term of the grant , less estimated forfeitures . a summary of changes in performance-based rsus outstanding is as follows : number of weighted average fair value ( in thousands ) ( in $ ) .
||number of units ( in thousands )|weighted average fair value ( in $ )|
|nonvested at december 31 2008|1188|19.65|
|granted|420|38.16|
|vested|-79 ( 79 )|21.30|
|forfeited|-114 ( 114 )|17.28|
|nonvested at december 31 2009|1415|25.24|
the fair value of shares vested for performance-based rsus during the years ended december 31 , 2009 and 2008 was $ 2 million and $ 3 million , respectively . there were no vestings that occurred during the year ended december 31 , 2007 . fair value for the company 2019s performance-based rsus was estimated at the grant date using a monte carlo simulation approach . monte carlo simulation was utilized to randomly generate future stock returns for the company and each company in the defined peer group for each grant based on company-specific dividend yields , volatilities and stock return correlations . these returns were used to calculate future performance-based rsu vesting percentages and the simulated values of the vested performance-based rsus were then discounted to present value using a risk-free rate , yielding the expected value of these performance-based rsus . %%transmsg*** transmitting job : d70731 pcn : 119000000 ***%%pcmsg|119 |00016|yes|no|02/10/2010 16:17|0|0|page is valid , no graphics -- color : n| .
Question: what was the value of the nonvested shares at december 31 2009
Answer:
|
35714.6
|
what was the value of the nonvested shares at december 31 2009
|
{
"options": {
"A": "1188",
"B": "420",
"C": "1415",
"D": "35714.6"
},
"goldenKey": "D"
}
|
{
"A": "1188",
"B": "420",
"C": "1415",
"D": "35714.6"
}
|
D
|
finqa901
|
Please answer the given financial question based on the context.
Context: do so , cme invests such contributions in assets that mirror the assumed investment choices . the balances in these plans are subject to the claims of general creditors of the exchange and totaled $ 38.7 million and $ 31.8 million at december 31 , 2012 and 2011 respectively . although the value of the plans is recorded as an asset in marketable securities in the consolidated balance sheets , there is an equal and offsetting liability . the investment results of these plans have no impact on net income as the investment results are recorded in equal amounts to both investment income and compensation and benefits expense . supplemental savings plan . cme maintains a supplemental plan to provide benefits for employees who have been impacted by statutory limits under the provisions of the qualified pension and savings plan . employees in this plan are subject to the vesting requirements of the underlying qualified plans . deferred compensation plan . a deferred compensation plan is maintained by cme , under which eligible officers and members of the board of directors may contribute a percentage of their compensation and defer income taxes thereon until the time of distribution . comex members 2019 retirement plan and benefits . comex maintains a retirement and benefit plan under the comex members 2019 recognition and retention plan ( mrrp ) . this plan provides benefits to certain members of the comex division based on long-term membership , and participation is limited to individuals who were comex division members prior to nymex 2019s acquisition of comex in 1994 . no new participants were permitted into the plan after the date of this acquisition . under the terms of the mrrp , the company is required to fund the plan with a minimum annual contribution of $ 0.8 million until it is fully funded . all benefits to be paid under the mrrp are based on reasonable actuarial assumptions which are based upon the amounts that are available and are expected to be available to pay benefits . total contributions to the plan were $ 0.8 million for each of 2010 through 2012 . at december 31 , 2012 and 2011 , the obligation for the mrrp totaled $ 22.7 million and $ 21.6 million , respectively . assets with a fair value of $ 18.4 million and $ 17.7 million have been allocated to this plan at december 31 , 2012 and 2011 , respectively , and are included in marketable securities and cash and cash equivalents in the consolidated balance sheets . the balances in these plans are subject to the claims of general creditors of comex . 13 . commitments operating leases . cme group has entered into various non-cancellable operating lease agreements , with the most significant being as follows : 2022 in april 2012 , the company sold two buildings in chicago at 141 w . jackson and leased back a portion of the property . the operating lease , which has an initial lease term ending on april 30 , 2027 , contains four consecutive renewal options for five years . 2022 in january 2011 , the company entered into an operating lease for office space in london . the initial lease term , which became effective on january 20 , 2011 , terminates on march 24 , 2026 , with an option to terminate without penalty in january 2021 . 2022 in july 2008 , the company renegotiated the operating lease for its headquarters at 20 south wacker drive in chicago . the lease , which has an initial term ending on november 30 , 2022 , contains two consecutive renewal options for seven and ten years and a contraction option which allows the company to reduce its occupied space after november 30 , 2018 . in addition , the company may exercise a lease expansion option in december 2017 . 2022 in august 2006 , the company entered into an operating lease for additional office space in chicago . the initial lease term , which became effective on august 10 , 2006 , terminates on november 30 , 2023 . the lease contains two 5-year renewal options beginning in 2023 . at december 31 , 2012 , future minimum payments under non-cancellable operating leases were payable as follows ( in millions ) : .
|2013|$ 28.7|
|2014|29.1|
|2015|28.9|
|2016|28.9|
|2017|29.3|
|thereafter|152.9|
|total|$ 297.8|
.
Question: at december 31 , 2012 , what was the percent of the future minimum payments under non-cancellable operating leases that was due in 2014
Answer:
|
0.09772
|
at december 31 , 2012 , what was the percent of the future minimum payments under non-cancellable operating leases that was due in 2014
|
{
"options": {
"A": "0.09772",
"B": "0.09782",
"C": "0.09762",
"D": "0.09792"
},
"goldenKey": "A"
}
|
{
"A": "0.09772",
"B": "0.09782",
"C": "0.09762",
"D": "0.09792"
}
|
A
|
finqa902
|
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 was the total number of equity compensation plans approved by security holders
Answer:
|
86676685.0
|
what was the total number of equity compensation plans approved by security holders
|
{
"options": {
"A": "34317386",
"B": "612500",
"C": "34929886",
"D": "86676685.0"
},
"goldenKey": "D"
}
|
{
"A": "34317386",
"B": "612500",
"C": "34929886",
"D": "86676685.0"
}
|
D
|
finqa903
|
Please answer the given financial question based on the context.
Context: 14 . leases we lease certain locomotives , freight cars , and other property . the consolidated statement of financial position as of december 31 , 2009 and 2008 included $ 2754 million , net of $ 927 million of accumulated depreciation , and $ 2024 million , net of $ 869 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 , 2009 were as follows : millions of dollars operating leases capital leases .
|millions of dollars|operatingleases|capital leases|
|2010|$ 576|$ 290|
|2011|570|292|
|2012|488|247|
|2013|425|256|
|2014|352|267|
|later years|2901|1623|
|total minimum lease payments|$ 5312|$ 2975|
|amount representing interest|n/a|-914 ( 914 )|
|present value of minimum lease payments|n/a|$ 2061|
the majority of capital lease payments relate to locomotives . rent expense for operating leases with terms exceeding one month was $ 686 million in 2009 , $ 747 million in 2008 , and $ 810 million in 2007 . 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 . 15 . commitments and contingencies asserted and unasserted claims 2013 various claims and lawsuits are pending against us and certain of our subsidiaries . we cannot fully determine the effect of all asserted and unasserted claims on our consolidated results of operations , financial condition , or liquidity ; however , to the extent possible , where asserted and unasserted claims are considered probable and where such claims can be reasonably estimated , we have recorded a liability . we do not expect that any known lawsuits , claims , environmental costs , commitments , contingent liabilities , or guarantees will have a material adverse effect on our consolidated results of operations , financial condition , or liquidity after taking into account liabilities and insurance recoveries previously recorded for these matters . personal injury 2013 the cost of personal injuries to employees and others related to our activities is charged to expense based on estimates of the ultimate cost and number of incidents each year . we use third-party actuaries to assist us in measuring the expense and liability , including unasserted claims . the federal employers 2019 liability act ( fela ) governs compensation for work-related accidents . under fela , damages are assessed based on a finding of fault through litigation or out-of-court settlements . we offer a comprehensive variety of services and rehabilitation programs for employees who are injured at .
Question: what portion of 2009 operating leases are current liabilities?
Answer:
|
0.10843
|
what portion of 2009 operating leases are current liabilities?
|
{
"options": {
"A": "0.10843",
"B": "0.10844",
"C": "0.10845",
"D": "0.10846"
},
"goldenKey": "A"
}
|
{
"A": "0.10843",
"B": "0.10844",
"C": "0.10845",
"D": "0.10846"
}
|
A
|
finqa904
|
Please answer the given financial question based on the context.
Context: hr solutions .
|years ended december 31,|2010|2009|2008|
|revenue|$ 2111|$ 1267|$ 1356|
|operating income|234|203|208|
|operating margin|11.1% ( 11.1 % )|16.0% ( 16.0 % )|15.3% ( 15.3 % )|
in october 2010 , we completed the acquisition of hewitt , one of the world 2019s leading human resource consulting and outsourcing companies . hewitt operates globally together with aon 2019s existing consulting and outsourcing operations under the newly created aon hewitt brand . hewitt 2019s operating results are included in aon 2019s results of operations beginning october 1 , 2010 . our hr solutions segment generated approximately 25% ( 25 % ) of our consolidated total revenues in 2010 and provides a broad range of human capital services , as follows : consulting services : 2022 health and benefits advises clients about how to structure , fund , and administer employee benefit programs that attract , retain , and motivate employees . benefits consulting includes health and welfare , executive benefits , workforce strategies and productivity , absence management , benefits administration , data-driven health , compliance , employee commitment , investment advisory and elective benefits services . 2022 retirement specializes in global actuarial services , defined contribution consulting , investment consulting , tax and erisa consulting , and pension administration . 2022 compensation focuses on compensatory advisory/counsel including : compensation planning design , executive reward strategies , salary survey and benchmarking , market share studies and sales force effectiveness , with special expertise in the financial services and technology industries . 2022 strategic human capital delivers advice to complex global organizations on talent , change and organizational effectiveness issues , including talent strategy and acquisition , executive on-boarding , performance management , leadership assessment and development , communication strategy , workforce training and change management . outsourcing services : 2022 benefits outsourcing applies our hr expertise primarily through defined benefit ( pension ) , defined contribution ( 401 ( k ) ) , and health and welfare administrative services . our model replaces the resource-intensive processes once required to administer benefit plans with more efficient , effective , and less costly solutions . 2022 human resource business processing outsourcing ( 2018 2018hr bpo 2019 2019 ) provides market-leading solutions to manage employee data ; administer benefits , payroll and other human resources processes ; and record and manage talent , workforce and other core hr process transactions as well as other complementary services such as absence management , flexible spending , dependent audit and participant advocacy . beginning in late 2008 , the disruption in the global credit markets and the deterioration of the financial markets created significant uncertainty in the marketplace . weak economic conditions globally continued throughout 2010 . the prolonged economic downturn is adversely impacting our clients 2019 financial condition and therefore the levels of business activities in the industries and geographies where we operate . while we believe that the majority of our practices are well positioned to manage through this time , these challenges are reducing demand for some of our services and putting .
Question: if hr solutions generated 25% ( 25 % ) of total revenues , what are the total revenue for aon in 2010 , ( in millions ) ?
Answer:
|
8444.0
|
if hr solutions generated 25% ( 25 % ) of total revenues , what are the total revenue for aon in 2010 , ( in millions ) ?
|
{
"options": {
"A": "2111.0",
"B": "1267.0",
"C": "1356.0",
"D": "8444.0"
},
"goldenKey": "D"
}
|
{
"A": "2111.0",
"B": "1267.0",
"C": "1356.0",
"D": "8444.0"
}
|
D
|
finqa905
|
Please answer the given financial question based on the context.
Context: notes receivable in 2014 , we entered into a $ 3.0 million promissory note with a privately held company which was recorded at cost . the interest rate on the promissory note is 8.0% ( 8.0 % ) per annum and is payable quarterly . all unpaid principal and accrued interest on the promissory note is due and payable on the earlier of august 26 , 2017 , or upon default . 5 . commitments and contingencies operating leases we lease various operating spaces in north america , europe , asia and australia under non-cancelable operating lease arrangements that expire on various dates through 2024 . these arrangements require us to pay certain operating expenses , such as taxes , repairs , and insurance and contain renewal and escalation clauses . we recognize rent expense under these arrangements on a straight-line basis over the term of the lease . as of december 31 , 2015 , the aggregate future minimum payments under non-cancelable operating leases consist of the following ( in thousands ) : years ending december 31 .
|2016|$ 6306|
|2017|6678|
|2018|6260|
|2019|5809|
|2020|5580|
|thereafter|21450|
|total minimum future lease payments|$ 52083|
rent expense for all operating leases amounted to $ 6.7 million , $ 3.3 million and $ 3.6 million for the years ended december 31 , 2015 , 2014 and 2013 , respectively . financing obligation 2014build-to-suit lease in august 2012 , we executed a lease for a building then under construction in santa clara , california to serve as our headquarters . the lease term is 120 months and commenced in august 2013 . based on the terms of the lease agreement and due to our involvement in certain aspects of the construction such as our financial involvement in structural elements of asset construction , making decisions related to tenant improvement costs and purchasing insurance not reimbursable by the buyer-lessor ( the landlord ) , we were deemed the owner of the building ( for accounting purposes only ) during the construction period . we continue to maintain involvement in the property post construction completion and lack transferability of the risks and rewards of ownership , due to our required maintenance of a $ 4.0 million letter of credit , in addition to our ability and option to sublease our portion of the leased building for fees substantially higher than our base rate . due to our continued involvement in the property and lack of transferability of related risks and rewards of ownership to the landlord post construction , we account for the building and related improvements as a lease financing obligation . accordingly , as of december 31 , 2015 and 2014 , we have recorded assets of $ 53.4 million , representing the total costs of the building and improvements incurred , including the costs paid by the lessor ( the legal owner of the building ) and additional improvement costs paid by us , and a corresponding financing obligation of $ 42.5 million and $ 43.6 million , respectively . as of december 31 , 2015 , $ 1.3 million and $ 41.2 million were recorded as short-term and long-term financing obligations , respectively . land lease expense under our lease financing obligation included in rent expense above , amounted to $ 1.3 million and $ 1.2 million for the years ended december 31 , 2015 and 2014 , respectively . there was no land lease expense for the year ended december 31 , 2013. .
Question: as of december 31 , 2015 what was the 2016 percent of non-cancelable operating leases as part of the total minimum future lease payments
Answer:
|
0.12108
|
as of december 31 , 2015 what was the 2016 percent of non-cancelable operating leases as part of the total minimum future lease payments
|
{
"options": {
"A": "0.12108",
"B": "0.1206",
"C": "0.1225",
"D": "0.123"
},
"goldenKey": "A"
}
|
{
"A": "0.12108",
"B": "0.1206",
"C": "0.1225",
"D": "0.123"
}
|
A
|
finqa906
|
Please answer the given financial question based on the context.
Context: ventas , inc . notes to consolidated financial statements 2014 ( continued ) if we experience certain kinds of changes of control , the issuers must make an offer to repurchase the senior notes , in whole or in part , at a purchase price in cash equal to 101% ( 101 % ) of the principal amount of the senior notes , plus any accrued and unpaid interest to the date of purchase ; provided , however , that in the event moody 2019s and s&p have confirmed their ratings at ba3 or higher and bb- or higher on the senior notes and certain other conditions are met , this repurchase obligation will not apply . mortgages at december 31 , 2006 , we had outstanding 53 mortgage loans that we assumed in connection with various acquisitions . outstanding principal balances on these loans ranged from $ 0.4 million to $ 114.4 million as of december 31 , 2006 . the loans bear interest at fixed rates ranging from 5.6% ( 5.6 % ) to 8.5% ( 8.5 % ) per annum , except with respect to eight loans with outstanding principal balances ranging from $ 0.4 million to $ 114.4 million , which bear interest at the lender 2019s variable rates , ranging from 3.6% ( 3.6 % ) to 8.5% ( 8.5 % ) per annum at of december 31 , 2006 . the fixed rate debt bears interest at a weighted average annual rate of 7.06% ( 7.06 % ) and the variable rate debt bears interest at a weighted average annual rate of 5.61% ( 5.61 % ) as of december 31 , 2006 . the loans had a weighted average maturity of eight years as of december 31 , 2006 . the $ 114.4 variable mortgage debt was repaid in january 2007 . scheduled maturities of borrowing arrangements and other provisions as of december 31 , 2006 , our indebtedness has the following maturities ( in thousands ) : .
|2007|$ 130206|
|2008|33117|
|2009|372725|
|2010|265915|
|2011|273761|
|thereafter|1261265|
|total maturities|2336989|
|less unamortized commission fees and discounts|-7936 ( 7936 )|
|senior notes payable and other debt|$ 2329053|
certain provisions of our long-term debt contain covenants that limit our ability and the ability of certain of our subsidiaries to , among other things : ( i ) incur debt ; ( ii ) make certain dividends , distributions and investments ; ( iii ) enter into certain transactions ; ( iv ) merge , consolidate or transfer certain assets ; and ( v ) sell assets . we and certain of our subsidiaries are also required to maintain total unencumbered assets of at least 150% ( 150 % ) of this group 2019s unsecured debt . derivatives and hedging in the normal course of business , we are exposed to the effect of interest rate changes . we limit these risks by following established risk management policies and procedures including the use of derivatives . for interest rate exposures , derivatives are used primarily to fix the rate on debt based on floating-rate indices and to manage the cost of borrowing obligations . we currently have an interest rate swap to manage interest rate risk ( the 201cswap 201d ) . we prohibit the use of derivative instruments for trading or speculative purposes . further , we have a policy of only entering into contracts with major financial institutions based upon their credit ratings and other factors . when viewed in conjunction with the underlying and offsetting exposure that the derivative is designed to hedge , we do not anticipate any material adverse effect on our net income or financial position in the future from the use of derivatives. .
Question: what percentage of total maturities were payable in 2011?
Answer:
|
0.11714
|
what percentage of total maturities were payable in 2011?
|
{
"options": {
"A": "11.714%",
"B": "1.1714%",
"C": "0.11714%",
"D": "0.011714%"
},
"goldenKey": "C"
}
|
{
"A": "11.714%",
"B": "1.1714%",
"C": "0.11714%",
"D": "0.011714%"
}
|
C
|
finqa907
|
Please answer the given financial question based on the context.
Context: 57management's discussion and analysis of financial condition and results of operations facility include covenants relating to net interest coverage and total debt-to-book capitalization ratios . the company was in compliance with the terms of the 3-year credit facility at december 31 , 2005 . the company has never borrowed under its domestic revolving credit facilities . utilization of the non-u.s . credit facilities may also be dependent on the company's ability to meet certain conditions at the time a borrowing is requested . contractual obligations , guarantees , and other purchase commitments contractual obligations summarized in the table below are the company's obligations and commitments to make future payments under debt obligations ( assuming earliest possible exercise of put rights by holders ) , lease payment obligations , and purchase obligations as of december 31 , 2005 . payments due by period ( 1 ) ( in millions ) total 2006 2007 2008 2009 2010 thereafter .
|( in millions )|payments due by period ( 1 ) total|payments due by period ( 1 ) 2006|payments due by period ( 1 ) 2007|payments due by period ( 1 ) 2008|payments due by period ( 1 ) 2009|payments due by period ( 1 ) 2010|payments due by period ( 1 ) thereafter|
|long-term debt obligations|$ 4033|$ 119|$ 1222|$ 200|$ 2|$ 529|$ 1961|
|lease obligations|1150|438|190|134|109|84|195|
|purchase obligations|992|418|28|3|2|2|539|
|total contractual obligations|$ 6175|$ 975|$ 1440|$ 337|$ 113|$ 615|$ 2695|
( 1 ) amounts included represent firm , non-cancelable commitments . debt obligations : at december 31 , 2005 , the company's long-term debt obligations , including current maturities and unamortized discount and issue costs , totaled $ 4.0 billion , as compared to $ 5.0 billion at december 31 , 2004 . a table of all outstanding long-term debt securities can be found in note 4 , ""debt and credit facilities'' to the company's consolidated financial statements . as previously discussed , the decrease in the long- term debt obligations as compared to december 31 , 2004 , was due to the redemptions and repurchases of $ 1.0 billion principal amount of outstanding securities during 2005 . also , as previously discussed , the remaining $ 118 million of 7.6% ( 7.6 % ) notes due january 1 , 2007 were reclassified to current maturities of long-term debt . lease obligations : the company owns most of its major facilities , but does lease certain office , factory and warehouse space , land , and information technology and other equipment under principally non-cancelable operating leases . at december 31 , 2005 , future minimum lease obligations , net of minimum sublease rentals , totaled $ 1.2 billion . rental expense , net of sublease income , was $ 254 million in 2005 , $ 217 million in 2004 and $ 223 million in 2003 . purchase obligations : the company has entered into agreements for the purchase of inventory , license of software , promotional agreements , and research and development agreements which are firm commitments and are not cancelable . the longest of these agreements extends through 2015 . total payments expected to be made under these agreements total $ 992 million . commitments under other long-term agreements : the company has entered into certain long-term agreements to purchase software , components , supplies and materials from suppliers . most of the agreements extend for periods of one to three years ( three to five years for software ) . however , generally these agreements do not obligate the company to make any purchases , and many permit the company to terminate the agreement with advance notice ( usually ranging from 60 to 180 days ) . if the company were to terminate these agreements , it generally would be liable for certain termination charges , typically based on work performed and supplier on-hand inventory and raw materials attributable to canceled orders . the company's liability would only arise in the event it terminates the agreements for reasons other than ""cause.'' in 2003 , the company entered into outsourcing contracts for certain corporate functions , such as benefit administration and information technology related services . these contracts generally extend for 10 years and are expected to expire in 2013 . the total payments under these contracts are approximately $ 3 billion over 10 years ; however , these contracts can be terminated . termination would result in a penalty substantially less than the annual contract payments . the company would also be required to find another source for these services , including the possibility of performing them in-house . as is customary in bidding for and completing network infrastructure projects and pursuant to a practice the company has followed for many years , the company has a number of performance/bid bonds and standby letters of credit outstanding , primarily relating to projects of government and enterprise mobility solutions segment and the networks segment . these instruments normally have maturities of up to three years and are standard in the .
Question: in 2007 what was the percent of the total long-term debt obligations
Answer:
|
0.303
|
in 2007 what was the percent of the total long-term debt obligations
|
{
"options": {
"A": "0.019",
"B": "0.197",
"C": "0.234",
"D": "0.303"
},
"goldenKey": "D"
}
|
{
"A": "0.019",
"B": "0.197",
"C": "0.234",
"D": "0.303"
}
|
D
|
finqa908
|
Please answer the given financial question based on the context.
Context: table of contents stock performance graph the following stock performance graph and related information shall not be deemed 201csoliciting material 201d or 201cfiled 201d with the securities and exchange commission , nor shall such information be incorporated by reference into any future filings under the securities act of 1933 or the exchange act , each as amended , except to the extent that we specifically incorporate it by reference into such filing . the following stock performance graph compares our cumulative total shareholder return on an annual basis on our common stock with the cumulative total return on the standard and poor 2019s 500 stock index and the amex airline index from december 9 , 2013 ( the first trading day of aag common stock ) through december 31 , 2014 . the comparison assumes $ 100 was invested on december 9 , 2013 in aag common stock and in each of the foregoing indices and assumes reinvestment of dividends . the stock performance shown on the graph below represents historical stock performance and is not necessarily indicative of future stock price performance. .
||12/9/2013|12/31/2013|12/31/2014|
|american airlines group inc .|$ 100|$ 103|$ 219|
|amex airline index|100|102|152|
|s&p 500|100|102|114|
.
Question: what was the growth rate on the amex airline index from 12/31/2013 to 12/31/2014
Answer:
|
0.4902
|
what was the growth rate on the amex airline index from 12/31/2013 to 12/31/2014
|
{
"options": {
"A": "0.0196",
"B": "0.4902",
"C": "0.4900",
"D": "0.0194"
},
"goldenKey": "B"
}
|
{
"A": "0.0196",
"B": "0.4902",
"C": "0.4900",
"D": "0.0194"
}
|
B
|
finqa909
|
Please answer the given financial question based on the context.
Context: part ii item 5 : market for registrant's common equity , related stockholder matters and issuer purchases of equity securities motorola's common stock is listed on the new york and chicago stock exchanges . the number of stockholders of record of motorola common stock on january 31 , 2006 was 80799 . the remainder of the response to this item incorporates by reference note 15 , ""quarterly and other financial data ( unaudited ) '' of the notes to consolidated financial statements appearing under ""item 8 : financial statements and supplementary data'' . the following table provides information with respect to acquisitions by the company of shares of its common stock during the quarter ended december 31 , 2005 . issuer purchases of equity securities ( d ) maximum number ( c ) total number ( or approximate dollar of shares purchased value ) of shares that ( a ) total number ( b ) average price as part of publicly may yet be purchased of shares paid per announced plans under the plans or period purchased ( 2 ) share ( 2 ) ( 3 ) or programs ( 1 ) programs ( 1 ) .
|period|( a ) total number of shares purchased ( 2 )|( b ) average price paid per share ( 2 ) ( 3 )|( c ) total number of shares purchased as part of publicly announced plans or programs ( 1 )|( d ) maximum number ( or approximate dollar value ) of shares that may yet be purchased under the plans or programs ( 1 )|
|10/2/05 to 10/29/05|5506400|$ 21.16|5506400|$ 3367111278|
|10/30/05 to 11/26/05|4968768|$ 22.59|4947700|$ 3257373024|
|11/27/05 to 12/31/05|5824970|$ 23.26|5503500|$ 3128512934|
|total|16300138|$ 22.26|15957600||
( 1 ) on may 18 , 2005 , the company announced that its board of directors authorized the company to repurchase up to $ 4.0 billion of its outstanding shares of common stock over a 36-month period ending on may 31 , 2008 , subject to market conditions ( the ""stock repurchase program'' ) . ( 2 ) in addition to purchases under the stock repurchase program , included in this column are transactions under the company's equity compensation plans involving the delivery to the company of 342415 shares of motorola common stock to satisfy tax withholding obligations in connection with the vesting of restricted stock granted to company employees and the surrender of 123 shares of motorola common stock to pay the option exercise price in connection with the exercise of employee stock options . ( 3 ) average price paid per share of stock repurchased under the stock repurchase program is execution price , excluding commissions paid to brokers. .
Question: what is the estimated value , in dollars , of the total number of shares purchased between 10/2/05 and 10/29/05?
Answer:
|
116515424.0
|
what is the estimated value , in dollars , of the total number of shares purchased between 10/2/05 and 10/29/05?
|
{
"options": {
"A": "116515424.0",
"B": "3367111278",
"C": "5506400",
"D": "21.16"
},
"goldenKey": "A"
}
|
{
"A": "116515424.0",
"B": "3367111278",
"C": "5506400",
"D": "21.16"
}
|
A
|
finqa910
|
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 vornado 2019s common shares are traded on the new york stock exchange under the symbol 201cvno . 201d quarterly high and low sales prices of the common shares and dividends paid per share for the years ended december 31 , 2011 and 2010 were as follows : year ended year ended december 31 , 2011 december 31 , 2010 .
|quarter|year ended december 31 2011 high|year ended december 31 2011 low|year ended december 31 2011 dividends|year ended december 31 2011 high|year ended december 31 2011 low|dividends|
|1st|$ 93.53|$ 82.12|$ 0.69|$ 78.40|$ 61.25|$ 0.65|
|2nd|98.42|86.85|0.69|86.79|70.06|0.65|
|3rd|98.77|72.85|0.69|89.06|68.59|0.65|
|4th|84.30|68.39|0.69|91.67|78.06|0.65|
as of february 1 , 2012 , there were 1230 holders of record of our common shares . recent sales of unregistered securities during the fourth quarter of 2011 , we issued 20891 common shares upon the redemption of class a units of the operating partnership held by persons who received units , in private placements in earlier periods , in exchange for their interests in limited partnerships that owned real estate . the common shares were issued without registration under the securities act of 1933 in reliance on section 4 ( 2 ) of that act . information relating to compensation plans under which our equity securities are authorized for issuance is set forth under part iii , item 12 of this annual report on form 10-k and such information is incorporated by reference herein . recent purchases of equity securities in december 2011 , we received 410783 vornado common shares at an average price of $ 76.36 per share as payment for the exercise of certain employee options. .
Question: was the quarterly high sales prices of the common shares and dividends paid per share for the first quarter of the year ended december 31 , 2011 higher than the fourth quarter of that period?
Answer:
|
yes
|
was the quarterly high sales prices of the common shares and dividends paid per share for the first quarter of the year ended december 31 , 2011 higher than the fourth quarter of that period?
|
{
"options": {
"A": "Yes",
"B": "No",
"C": "Cannot be determined",
"D": "Not mentioned in the context"
},
"goldenKey": "A"
}
|
{
"A": "Yes",
"B": "No",
"C": "Cannot be determined",
"D": "Not mentioned in the context"
}
|
A
|
finqa911
|
Please answer the given financial question based on the context.
Context: westrock company notes to consolidated financial statements fffd ( continued ) at september 30 , 2018 and september 30 , 2017 , gross net operating losses for foreign reporting purposes of approximately $ 698.4 million and $ 673.7 million , respectively , were available for carryforward . a majority of these loss carryforwards generally expire between fiscal 2020 and 2038 , while a portion have an indefinite carryforward . the tax effected values of these net operating losses are $ 185.8 million and $ 182.6 million at september 30 , 2018 and 2017 , respectively , exclusive of valuation allowances of $ 161.5 million and $ 149.6 million at september 30 , 2018 and 2017 , respectively . at september 30 , 2018 and 2017 , we had state tax credit carryforwards of $ 64.8 million and $ 54.4 million , respectively . these state tax credit carryforwards generally expire within 5 to 10 years ; however , certain state credits can be carried forward indefinitely . valuation allowances of $ 56.1 million and $ 47.3 million at september 30 , 2018 and 2017 , respectively , have been provided on these assets . these valuation allowances have been recorded due to uncertainty regarding our ability to generate sufficient taxable income in the appropriate taxing jurisdiction . the following table represents a summary of the valuation allowances against deferred tax assets for fiscal 2018 , 2017 and 2016 ( in millions ) : .
||2018|2017|2016|
|balance at beginning of fiscal year|$ 219.1|$ 177.2|$ 100.2|
|increases|50.8|54.3|24.8|
|allowances related to purchase accounting ( 1 )|0.1|12.4|63.0|
|reductions|-40.6 ( 40.6 )|-24.8 ( 24.8 )|-10.8 ( 10.8 )|
|balance at end of fiscal year|$ 229.4|$ 219.1|$ 177.2|
( 1 ) amounts in fiscal 2018 and 2017 relate to the mps acquisition . adjustments in fiscal 2016 relate to the combination and the sp fiber acquisition . consistent with prior years , we consider a portion of our earnings from certain foreign subsidiaries as subject to repatriation and we provide for taxes accordingly . however , we consider the unremitted earnings and all other outside basis differences from all other foreign subsidiaries to be indefinitely reinvested . accordingly , we have not provided for any taxes that would be due . as of september 30 , 2018 , we estimate our outside basis difference in foreign subsidiaries that are considered indefinitely reinvested to be approximately $ 1.5 billion . the components of the outside basis difference are comprised of purchase accounting adjustments , undistributed earnings , and equity components . except for the portion of our earnings from certain foreign subsidiaries where we provided for taxes , we have not provided for any taxes that would be due upon the reversal of the outside basis differences . however , in the event of a distribution in the form of dividends or dispositions of the subsidiaries , we may be subject to incremental u.s . income taxes , subject to an adjustment for foreign tax credits , and withholding taxes or income taxes payable to the foreign jurisdictions . as of september 30 , 2018 , the determination of the amount of unrecognized deferred tax liability related to any remaining undistributed foreign earnings not subject to the transition tax and additional outside basis differences is not practicable. .
Question: by what percent did the balance of deferred tax assets increase between 2016 and 2018?
Answer:
|
0.29458
|
by what percent did the balance of deferred tax assets increase between 2016 and 2018?
|
{
"options": {
"A": "29.458%",
"B": "2.9458%",
"C": "0.29458%",
"D": "0.029458%"
},
"goldenKey": "C"
}
|
{
"A": "29.458%",
"B": "2.9458%",
"C": "0.29458%",
"D": "0.029458%"
}
|
C
|
finqa912
|
Please answer the given financial question based on the context.
Context: skyworks solutions , inc . notes to consolidated financial statements 2014 ( continued ) maintained a valuation allowance of $ 47.0 million . this valuation allowance is comprised of $ 33.6 million related to u.s . state tax credits , of which $ 3.6 million are state tax credits acquired from aati in fiscal year 2012 , and $ 13.4 million related to foreign deferred tax assets . if these benefits are recognized in a future period the valuation allowance on deferred tax assets will be reversed and up to a $ 46.6 million income tax benefit , and up to a $ 0.4 million reduction to goodwill may be recognized . the company will need to generate $ 209.0 million of future united states federal taxable income to utilize our united states deferred tax assets as of september 28 , 2012 . deferred tax assets are recognized for foreign operations when management believes it is more likely than not that the deferred tax assets will be recovered during the carry forward period . the company will continue to assess its valuation allowance in future periods . as of september 28 , 2012 , the company has united states federal net operating loss carry forwards of approximately $ 74.3 million , including $ 29.5 million related to the acquisition of sige , which will expire at various dates through 2030 and $ 28.1 million related to the acquisition of aati , which will expire at various dates through 2031 . the utilization of these net operating losses is subject to certain annual limitations as required under internal revenue code section 382 and similar state income tax provisions . the company also has united states federal income tax credit carry forwards of $ 37.8 million , of which $ 30.4 million of federal income tax credit carry forwards have not been recorded as a deferred tax asset . the company also has state income tax credit carry forwards of $ 33.6 million , for which the company has provided a valuation allowance . the united states federal tax credits expire at various dates through 2032 . the state tax credits relate primarily to california research tax credits which can be carried forward indefinitely . the company has continued to expand its operations and increase its investments in numerous international jurisdictions . these activities will increase the company 2019s earnings attributable to foreign jurisdictions . as of september 28 , 2012 , no provision has been made for united states federal , state , or additional foreign income taxes related to approximately $ 371.5 million of undistributed earnings of foreign subsidiaries which have been or are intended to be permanently reinvested . it is not practicable to determine the united states federal income tax liability , if any , which would be payable if such earnings were not permanently reinvested . the company 2019s gross unrecognized tax benefits totaled $ 52.4 million and $ 32.1 million as of september 28 , 2012 and september 30 , 2011 , respectively . of the total unrecognized tax benefits at september 28 , 2012 , $ 38.8 million would impact the effective tax rate , if recognized . the remaining unrecognized tax benefits would not impact the effective tax rate , if recognized , due to the company 2019s valuation allowance and certain positions which were required to be capitalized . there are no positions which the company anticipates could change within the next twelve months . a reconciliation of the beginning and ending amount of gross unrecognized tax benefits is as follows ( in thousands ) : unrecognized tax benefits .
||unrecognized tax benefits|
|balance at september 30 2011|$ 32136|
|increases based on positions related to prior years|9004|
|increases based on positions related to current year|11265|
|decreases relating to settlements with taxing authorities|2014|
|decreases relating to lapses of applicable statutes of limitations|-25 ( 25 )|
|balance at september 28 2012|$ 52380|
page 114 annual report .
Question: in 2012 what was the percentage change in the gross unrecognized tax benefits
Answer:
|
0.62995
|
in 2012 what was the percentage change in the gross unrecognized tax benefits
|
{
"options": {
"A": "0.62995%",
"B": "6.2995%",
"C": "62.995%",
"D": "629.95%"
},
"goldenKey": "A"
}
|
{
"A": "0.62995%",
"B": "6.2995%",
"C": "62.995%",
"D": "629.95%"
}
|
A
|
finqa913
|
Please answer the given financial question based on the context.
Context: entergy texas , inc . and subsidiaries management 2019s financial discussion and analysis in addition to the contractual obligations given above , entergy texas expects to contribute approximately $ 17 million to its qualified pension plans and approximately $ 3.2 million to other postretirement health care and life insurance plans in 2017 , although the 2017 required pension contributions will be known with more certainty when the january 1 , 2017 valuations are completed , which is expected by april 1 , 2017 . see 201ccritical accounting estimates - qualified pension and other postretirement benefits 201d below for a discussion of qualified pension and other postretirement benefits funding . also in addition to the contractual obligations , entergy texas has $ 15.6 million of unrecognized tax benefits and interest net of unused tax attributes and payments for which the timing of payments beyond 12 months cannot be reasonably estimated due to uncertainties in the timing of effective settlement of tax positions . see note 3 to the financial statements for additional information regarding unrecognized tax benefits . in addition to routine capital spending to maintain operations , the planned capital investment estimate for entergy texas includes specific investments such as the montgomery county power station discussed below ; transmission projects to enhance reliability , reduce congestion , and enable economic growth ; distribution spending to enhance reliability and improve service to customers , including initial investment to support advanced metering ; system improvements ; and other investments . estimated capital expenditures are subject to periodic review and modification and may vary based on the ongoing effects of regulatory constraints and requirements , environmental compliance , business opportunities , market volatility , economic trends , business restructuring , changes in project plans , and the ability to access capital . management provides more information on long-term debt in note 5 to the financial statements . as discussed above in 201ccapital structure , 201d entergy texas routinely evaluates its ability to pay dividends to entergy corporation from its earnings . sources of capital entergy texas 2019s sources to meet its capital requirements include : 2022 internally generated funds ; 2022 cash on hand ; 2022 debt or preferred stock issuances ; and 2022 bank financing under new or existing facilities . entergy texas may refinance , redeem , or otherwise retire debt prior to maturity , to the extent market conditions and interest and dividend rates are favorable . all debt and common and preferred stock issuances by entergy texas require prior regulatory approval . debt issuances are also subject to issuance tests set forth in its bond indenture and other agreements . entergy texas has sufficient capacity under these tests to meet its foreseeable capital needs . entergy texas 2019s receivables from or ( payables to ) the money pool were as follows as of december 31 for each of the following years. .
|2016|2015|2014|2013|
|( in thousands )|( in thousands )|( in thousands )|( in thousands )|
|$ 681|( $ 22068 )|$ 306|$ 6287|
see note 4 to the financial statements for a description of the money pool . entergy texas has a credit facility in the amount of $ 150 million scheduled to expire in august 2021 . the credit facility allows entergy texas to issue letters of credit against 50% ( 50 % ) of the borrowing capacity of the facility . as of december 31 , 2016 , there were no cash borrowings and $ 4.7 million of letters of credit outstanding under the credit facility . in addition , entergy texas is a party to an uncommitted letter of credit facility as a means to post collateral .
Question: what is the dollar amount in millions of letters of credit that can be issued under the august 2021 credit facility?
Answer:
|
75.0
|
what is the dollar amount in millions of letters of credit that can be issued under the august 2021 credit facility?
|
{
"options": {
"A": "4.7",
"B": "50.0",
"C": "75.0",
"D": "150.0"
},
"goldenKey": "C"
}
|
{
"A": "4.7",
"B": "50.0",
"C": "75.0",
"D": "150.0"
}
|
C
|
finqa914
|
Please answer the given financial question based on the context.
Context: item 6 . selected financial data the following table represents our selected financial data . the table should be read in conjunction with item 7 and item 8 of this report . the table below reflects immaterial error corrections discussed in note 2 : summary of significant accounting policies in item 8. .
|( $ in millions except per share amounts )|year ended december 31 2012|year ended december 31 2011|year ended december 31 2010|year ended december 31 2009|year ended december 31 2008|
|sales and service revenues|$ 6708|$ 6575|$ 6723|$ 6292|$ 6189|
|goodwill impairment|2014|290|2014|2014|2465|
|operating income ( loss )|358|100|241|203|-2332 ( 2332 )|
|net earnings ( loss )|146|-100 ( 100 )|131|119|-2397 ( 2397 )|
|total assets|6392|6069|5270|5097|4821|
|long-term debt ( 1 )|1779|1830|105|283|283|
|total long-term obligations|4341|3838|1637|1708|1823|
|free cash flow ( 2 )|170|331|168|-269 ( 269 )|121|
|dividends declared per share|$ 0.10|$ 2014|$ 2014|$ 2014|$ 2014|
|basic earnings ( loss ) per share ( 3 )|$ 2.96|$ -2.05 ( 2.05 )|$ 2.68|$ 2.44|$ -49.14 ( 49.14 )|
|diluted earnings ( loss ) per share ( 3 )|$ 2.91|$ -2.05 ( 2.05 )|$ 2.68|$ 2.44|$ -49.14 ( 49.14 )|
basic earnings ( loss ) per share ( 3 ) $ 2.96 $ ( 2.05 ) $ 2.68 $ 2.44 $ ( 49.14 ) diluted earnings ( loss ) per share ( 3 ) $ 2.91 $ ( 2.05 ) $ 2.68 $ 2.44 $ ( 49.14 ) ( 1 ) long-term debt does not include amounts payable to our former parent as of and before december 31 , 2010 , as these amounts were due upon demand and included in current liabilities . ( 2 ) free cash flow is a non-gaap financial measure and represents cash from operating activities less capital expenditures . see liquidity and capital resources in item 7 for more information on this measure . ( 3 ) on march 30 , 2011 , the record date of the stock distribution associated with the spin-off from northrop grumman , approximately 48.8 million shares of $ 0.01 par value hii common stock were distributed to northrop grumman stockholders . this share amount was utilized for the calculation of basic and diluted earnings ( loss ) per share for the three months ended march 31 , 2011 , and all prior periods , as no common stock of the company existed prior to march 30 , 2011 , and the impact of dilutive securities in the three month period ended march 31 , 2011 , was not meaningful. .
Question: during 2010 , what was the return on assets?
Answer:
|
0.02486
|
during 2010 , what was the return on assets?
|
{
"options": {
"A": "0.00244",
"B": "0.02486",
"C": "0.00268",
"D": "0.00205"
},
"goldenKey": "B"
}
|
{
"A": "0.00244",
"B": "0.02486",
"C": "0.00268",
"D": "0.00205"
}
|
B
|
finqa915
|
Please answer the given financial question based on the context.
Context: page 20 of 100 segment sales were $ 100.7 million lower in 2009 than in 2008 , primarily as a result of the impact of lower aluminum prices partially offset by an increase in sales volumes . the higher sales volumes in 2009 were the result of incremental volumes from the four plants purchased from ab inbev , partially offset by certain plant closures and lower sales volumes in the existing business . segment earnings in 2010 were $ 122.3 million higher than in 2009 primarily due to a net $ 85 million impact related to the higher sales volumes and $ 45 million of product mix and improved manufacturing performance associated with higher production . also adding to the 2010 improvement was the effect of a $ 7 million out-of-period inventory charge in 2009 . the details of the out-of-period adjustment are included in note 7 to the consolidated financial statements included within item 8 of this report . segment earnings in 2009 were higher than in 2008 due to $ 12 million of earnings contribution from the four acquired plants and approximately $ 21 million of savings associated with plant closures . partially offsetting these favorable impacts were lower carbonated soft drink and beer can sales volumes ( excluding the newly acquired plants ) and approximately $ 25 million related to higher cost inventories in the first half of 2009 . metal beverage packaging , europe .
|( $ in millions )|2010|2009|2008|
|net sales|$ 1697.6|$ 1739.5|$ 1868.7|
|segment earnings|$ 212.9|$ 214.8|$ 230.9|
|business consolidation costs ( a )|-3.2 ( 3.2 )|2212|2212|
|total segment earnings|$ 209.7|$ 214.8|$ 230.9|
( a ) further details of these items are included in note 5 to the consolidated financial statements within item 8 of this report . the metal beverage packaging , europe , segment includes metal beverage packaging products manufactured in europe . ball packaging europe has manufacturing plants located in germany , the united kingdom , france , the netherlands , poland and serbia , and is the second largest metal beverage container business in europe . segment sales in 2010 decreased $ 41.9 million compared to 2009 , primarily due to unfavorable foreign exchange effects of $ 93 million and price and mix changes , partially offset by higher sales volumes . segment sales in 2009 as compared to 2008 were $ 129.2 million lower due to $ 110 million of unfavorable foreign exchange effects , partially offset by better commercial terms . sales volumes in 2009 were essentially flat compared to those in the prior year . segment earnings in 2010 decreased $ 1.9 million compared to 2009 , primarily the result of a $ 28 million increase related to higher sales volumes , offset by $ 18 million of negative effects from foreign currency translation and $ 12 million of higher inventory and other costs . while 2009 sales volumes were consistent with the prior year , the adverse effects of foreign currency translation , both within europe and on the conversion of the euro to the u.s . dollar , reduced segment earnings by $ 8 million . also contributing to lower segment earnings were higher cost inventory carried into 2009 and a change in sales mix , partially offset by better commercial terms in some of our contracts . on january 18 , 2011 , ball acquired aerocan s.a.s . ( aerocan ) , a leading european supplier of aluminum aerosol cans and bottles , for 20ac222.4 million ( approximately $ 300 million ) in cash and assumed debt . aerocan manufactures extruded aluminum aerosol cans and bottles , and the aluminum slugs used to make them , for customers in the personal care , pharmaceutical , beverage and food industries . it operates three aerosol can manufacturing plants 2013 one each in the czech republic , france and the united kingdom 2013 and is a 51 percent owner of a joint venture aluminum slug plant in france . the four plants employ approximately 560 people . the acquisition of aerocan will allow ball to enter a growing part of the metal packaging industry and to broaden the company 2019s market development efforts into a new customer base. .
Question: what would the increase in segment earnings for 2010 have been without the higher sales volumes ( in millions ) ?
Answer:
|
37.3
|
what would the increase in segment earnings for 2010 have been without the higher sales volumes ( in millions ) ?
|
{
"options": {
"A": "37.3",
"B": "85",
"C": "45",
"D": "7"
},
"goldenKey": "A"
}
|
{
"A": "37.3",
"B": "85",
"C": "45",
"D": "7"
}
|
A
|
finqa916
|
Please answer the given financial question based on the context.
Context: provision for income taxes increased $ 1791 million in 2012 from 2011 primarily due to the increase in pretax income from continuing operations , including the impact of the resumption of sales in libya in the first quarter of 2012 . the following is an analysis of the effective income tax rates for 2012 and 2011: .
||2012|2011|
|statutory rate applied to income from continuing operations before income taxes|35% ( 35 % )|35% ( 35 % )|
|effects of foreign operations including foreign tax credits|18|6|
|change in permanent reinvestment assertion|2014|5|
|adjustments to valuation allowances|21|14|
|tax law changes|2014|1|
|effective income tax rate on continuing operations|74% ( 74 % )|61% ( 61 % )|
the effective income tax rate is influenced by a variety of factors including the geographic sources of income and the relative magnitude of these sources of income . the provision for income taxes is allocated on a discrete , stand-alone basis to pretax segment income and to individual items not allocated to segments . the difference between the total provision and the sum of the amounts allocated to segments appears in the "corporate and other unallocated items" shown in the reconciliation of segment income to net income below . effects of foreign operations 2013 the effects of foreign operations on our effective tax rate increased in 2012 as compared to 2011 , primarily due to the resumption of sales in libya in the first quarter of 2012 , where the statutory rate is in excess of 90 percent . change in permanent reinvestment assertion 2013 in the second quarter of 2011 , we recorded $ 716 million of deferred u.s . tax on undistributed earnings of $ 2046 million that we previously intended to permanently reinvest in foreign operations . offsetting this tax expense were associated foreign tax credits of $ 488 million . in addition , we reduced our valuation allowance related to foreign tax credits by $ 228 million due to recognizing deferred u.s . tax on previously undistributed earnings . adjustments to valuation allowances 2013 in 2012 and 2011 , we increased the valuation allowance against foreign tax credits because it is more likely than not that we will be unable to realize all u.s . benefits on foreign taxes accrued in those years . see item 8 . financial statements and supplementary data - note 10 to the consolidated financial statements for further information about income taxes . discontinued operations is presented net of tax , and reflects our downstream business that was spun off june 30 , 2011 and our angola business which we agreed to sell in 2013 . see item 8 . financial statements and supplementary data 2013 notes 3 and 6 to the consolidated financial statements for additional information. .
Question: by what percentage did adjustments to valuation allowances increase from 2011 to 2012>
Answer:
|
0.5
|
by what percentage did adjustments to valuation allowances increase from 2011 to 2012>
|
{
"options": {
"A": "7%",
"B": "14%",
"C": "21%",
"D": "0.5%"
},
"goldenKey": "D"
}
|
{
"A": "7%",
"B": "14%",
"C": "21%",
"D": "0.5%"
}
|
D
|
finqa918
|
Please answer the given financial question based on the context.
Context: selling , general , and administrative expenses selling , general , and administrative expenses increased to $ 65.2 million in 2010 from $ 52.9 million in 2009 due primarily to increases in compensation expense and recruitment costs , principally in connection with higher headcount in 2010 , and an increase in non-cash compensation expense for the reasons described above . cost of goods sold cost of goods sold in 2010 and 2009 was $ 2.1 million and $ 1.7 million , respectively , and consisted primarily of royalties and other period costs related to arcalyst ae commercial supplies . to date , arcalyst ae shipments to our customers have primarily consisted of supplies of inventory manufactured and expensed as research and development costs prior to fda approval in 2008 ; therefore , the costs of these supplies were not included in costs of goods sold . other income and expense investment income decreased to $ 2.1 million in 2010 from $ 4.5 million in 2009 , due primarily to lower yields on , and lower average balances of , cash and marketable securities . interest expense increased to $ 9.1 million in 2010 from $ 2.3 million in 2009 . interest expense is primarily attributable to the imputed interest portion of payments to our landlord , commencing in the third quarter of 2009 , to lease newly constructed laboratory and office facilities in tarrytown , new york . income tax expense ( benefit ) in 2010 , we did not recognize any income tax expense or benefit . in 2009 , we recognized a $ 4.1 million income tax benefit , consisting primarily of ( i ) $ 2.7 million resulting from a provision in the worker , homeownership , and business assistance act of 2009 that allowed us to claim a refund of u.s . federal alternative minimum tax that we paid in 2008 , and ( ii ) $ 0.7 million resulting from a provision in the american recovery and reinvestment act of 2009 that allowed us to claim a refund for a portion of our unused pre-2006 research tax credits . years ended december 31 , 2009 and 2008 net loss regeneron reported a net loss of $ 67.8 million , or $ 0.85 per share ( basic and diluted ) , for the year ended december 31 , 2009 , compared to a net loss of $ 79.1 million , or $ 1.00 per share ( basic and diluted ) for 2008 . the decrease in our net loss in 2009 was principally due to higher collaboration revenue in connection with our antibody collaboration with sanofi-aventis , receipt of a $ 20.0 million substantive performance milestone payment in connection with our vegf trap-eye collaboration with bayer healthcare , and higher arcalyst ae sales , partly offset by higher research and development expenses , as detailed below . revenues revenues in 2009 and 2008 consist of the following: .
|( in millions )|2009|2008|
|collaboration revenue|||
|sanofi-aventis|$ 247.2|$ 154.0|
|bayer healthcare|67.3|31.2|
|total collaboration revenue|314.5|185.2|
|technology licensing revenue|40.0|40.0|
|net product sales|18.4|6.3|
|contract research and other revenue|6.4|7.0|
|total revenue|$ 379.3|$ 238.5|
.
Question: what percentage of total revenue was bayer healthcare in 2009?
Answer:
|
0.17743
|
what percentage of total revenue was bayer healthcare in 2009?
|
{
"options": {
"A": "0.043",
"B": "0.177",
"C": "0.17743",
"D": "0.314"
},
"goldenKey": "C"
}
|
{
"A": "0.043",
"B": "0.177",
"C": "0.17743",
"D": "0.314"
}
|
C
|
finqa919
|
Please answer the given financial question based on the context.
Context: commodities purchased for use in our supply chain . we manage our exposures through a combination of purchase orders , long-term contracts with suppliers , exchange-traded futures and options , and over-the-counter options and swaps . we offset our exposures based on current and projected market conditions and generally seek to acquire the inputs at as close to our planned cost as possible . we use derivatives to manage our exposure to changes in commodity prices . we do not perform the assessments required to achieve hedge accounting for commodity derivative positions . accordingly , the changes in the values of these derivatives are recorded currently in cost of sales in our consolidated statements of earnings . although we do not meet the criteria for cash flow hedge accounting , we believe that these instruments are effective in achieving our objective of providing certainty in the future price of commodities purchased for use in our supply chain . accordingly , for purposes of measuring segment operating performance these gains and losses are reported in unallocated corporate items outside of segment operating results until such time that the exposure we are managing affects earnings . at that time we reclassify the gain or loss from unallocated corporate items to segment operating profit , allowing our operating segments to realize the economic effects of the derivative without experiencing any resulting mark-to-market volatility , which remains in unallocated corporate items . unallocated corporate items for fiscal 2019 , 2018 and 2017 included: .
|in millions|fiscal year 2019|fiscal year 2018|fiscal year 2017|
|net gain ( loss ) onmark-to-marketvaluation of commodity positions|$ -39.0 ( 39.0 )|$ 14.3|$ -22.0 ( 22.0 )|
|net loss on commodity positions reclassified from unallocated corporate items to segmentoperating profit|10.0|11.3|32.0|
|netmark-to-marketrevaluation of certain grain inventories|-7.0 ( 7.0 )|6.5|3.9|
|netmark-to-marketvaluation of certain commodity positions recognized in unallocated corporate items|$ -36.0 ( 36.0 )|$ 32.1|$ 13.9|
net mark-to-market valuation of certain commodity positions recognized in unallocated corporate items $ ( 36.0 ) $ 32.1 $ 13.9 as of may 26 , 2019 , the net notional value of commodity derivatives was $ 312.5 million , of which $ 242.9 million related to agricultural inputs and $ 69.6 million related to energy inputs . these contracts relate to inputs that generally will be utilized within the next 12 months . interest rate risk we are exposed to interest rate volatility with regard to future issuances of fixed-rate debt , and existing and future issuances of floating-rate debt . primary exposures include u.s . treasury rates , libor , euribor , and commercial paper rates in the united states and europe . we use interest rate swaps , forward-starting interest rate swaps , and treasury locks to hedge our exposure to interest rate changes , to reduce the volatility of our financing costs , and to achieve a desired proportion of fixed rate versus floating-rate debt , based on current and projected market conditions . generally under these swaps , we agree with a counterparty to exchange the difference between fixed-rate and floating-rate interest amounts based on an agreed upon notional principal amount . floating interest rate exposures 2014 floating-to-fixed interest rate swaps are accounted for as cash flow hedges , as are all hedges of forecasted issuances of debt . effectiveness is assessed based on either the perfectly effective hypothetical derivative method or changes in the present value of interest payments on the underlying debt . effective gains and losses deferred to aoci are reclassified into earnings over the life of the associated debt . ineffective gains and losses are recorded as net interest . the amount of hedge ineffectiveness was less than $ 1 million in fiscal 2019 , a $ 2.6 million loss in fiscal 2018 , and less than $ 1 million in fiscal 2017 . fixed interest rate exposures 2014 fixed-to-floating interest rate swaps are accounted for as fair value hedges with effectiveness assessed based on changes in the fair value of the underlying debt and derivatives , using .
Question: what was the average net loss on commodity positions reclassified from unallocated corporate items to segment operating profit from 2017 to 2019
Answer:
|
17.76667
|
what was the average net loss on commodity positions reclassified from unallocated corporate items to segment operating profit from 2017 to 2019
|
{
"options": {
"A": "10.0",
"B": "11.3",
"C": "17.76667",
"D": "32.0"
},
"goldenKey": "C"
}
|
{
"A": "10.0",
"B": "11.3",
"C": "17.76667",
"D": "32.0"
}
|
C
|
finqa920
|
Please answer the given financial question based on the context.
Context: marathon oil corporation notes to consolidated financial statements ( g ) this obligation relates to a lease of equipment at united states steel 2019s clairton works cokemaking facility in pennsylvania . we are the primary obligor under this lease . under the financial matters agreement , united states steel has assumed responsibility for all obligations under this lease . this lease is an amortizing financing with a final maturity of 2012 . ( h ) these notes are senior secured notes of marathon oil canada corporation . the notes are secured by substantially all of marathon oil canada corporation 2019s assets . in january 2008 , we provided a full and unconditional guarantee covering the payment of all principal and interest due under the senior notes . ( i ) these obligations as of december 31 , 2009 include $ 36 million related to assets under construction at that date for which a capital lease will commence upon completion of construction . the amounts currently reported are based upon the percent of construction completed as of december 31 , 2009 and therefore do not reflect future minimum lease obligations of $ 164 million related to the asset . ( j ) payments of long-term debt for the years 2010 - 2014 are $ 102 million , $ 246 million , $ 1492 million , $ 287 million and $ 802 million . united steel is due to pay $ 17 million in 2010 , $ 161 million in 2011 , $ 19 million in 2012 , and $ 11 for year 2014 . ( k ) in the event of a change in control , as defined in the related agreements , debt obligations totaling $ 662 million at december 31 , 2009 , may be declared immediately due and payable . ( l ) see note 16 for information on interest rate swaps . 20 . asset retirement obligations the following summarizes the changes in asset retirement obligations : ( in millions ) 2009 2008 .
|( in millions )|2009|2008|
|asset retirement obligations as of january 1|$ 965|$ 1134|
|liabilities incurred including acquisitions|14|30|
|liabilities settled|-65 ( 65 )|-94 ( 94 )|
|accretion expense ( included in depreciation depletion and amortization )|64|66|
|revisions to previous estimates|124|24|
|held for sale|-|-195 ( 195 )|
|asset retirement obligations as of december 31 ( a )|$ 1102|$ 965|
asset retirement obligations as of december 31 ( a ) $ 1102 $ 965 ( a ) includes asset retirement obligation of $ 3 and $ 2 million classified as short-term at december 31 , 2009 , and 2008. .
Question: by what percentage did asset retirement obligations decrease from 2007 to 2008?
Answer:
|
-0.14903
|
by what percentage did asset retirement obligations decrease from 2007 to 2008?
|
{
"options": {
"A": "-0.14903%",
"B": "-0.14903",
"C": "0.14903%",
"D": "0.14903"
},
"goldenKey": "A"
}
|
{
"A": "-0.14903%",
"B": "-0.14903",
"C": "0.14903%",
"D": "0.14903"
}
|
A
|
finqa922
|
Please answer the given financial question based on the context.
Context: portion of the death benefits directly from the insurance company and the company receives the remainder of the death benefits . it is currently expected that minimal cash payments will be required to fund these policies . the net periodic pension cost for these split-dollar life insurance arrangements was $ 5 million for the years ended december 31 , 2013 , 2012 and 2011 . the company has recorded a liability representing the actuarial present value of the future death benefits as of the employees 2019 expected retirement date of $ 51 million and $ 58 million as of december 31 , 2013 and december 31 , 2012 , respectively . deferred compensation plan the company amended and reinstated its deferred compensation plan ( 201cthe plan 201d ) effective june 1 , 2013 to reopen the plan to certain participants . under the plan , participating executives may elect to defer base salary and cash incentive compensation in excess of 401 ( k ) plan limitations . participants under the plan may choose to invest their deferred amounts in the same investment alternatives available under the company's 401 ( k ) plan . the plan also allows for company matching contributions for the following : ( i ) the first 4% ( 4 % ) of compensation deferred under the plan , subject to a maximum of $ 50000 for board officers , ( ii ) lost matching amounts that would have been made under the 401 ( k ) plan if participants had not participated in the plan , and ( iii ) discretionary amounts as approved by the compensation and leadership committee of the board of directors . defined contribution plan the company and certain subsidiaries have various defined contribution plans , in which all eligible employees may participate . in the u.s. , the 401 ( k ) plan is a contributory plan . matching contributions are based upon the amount of the employees 2019 contributions . the company 2019s expenses for material defined contribution plans for the years ended december 31 , 2013 , 2012 and 2011 were $ 44 million , $ 42 million and $ 48 million , respectively . beginning january 1 , 2012 , the company may make an additional discretionary 401 ( k ) plan matching contribution to eligible employees . for the years ended december 31 , 2013 and 2012 , the company made no discretionary matching contributions . 8 . share-based compensation plans and other incentive plans stock options , stock appreciation rights and employee stock purchase plan the company grants options to acquire shares of common stock to certain employees and to existing option holders of acquired companies in connection with the merging of option plans following an acquisition . each option granted and stock appreciation right has an exercise price of no less than 100% ( 100 % ) of the fair market value of the common stock on the date of the grant . the awards have a contractual life of five to fifteen years and vest over two to four years . stock options and stock appreciation rights assumed or replaced with comparable stock options or stock appreciation rights in conjunction with a change in control of the company only become exercisable if the holder is also involuntarily terminated ( for a reason other than cause ) or quits for good reason within 24 months of a change in control . the employee stock purchase plan allows eligible participants to purchase shares of the company 2019s common stock through payroll deductions of up to 20% ( 20 % ) of eligible compensation on an after-tax basis . plan participants cannot purchase more than $ 25000 of stock in any calendar year . the price an employee pays per share is 85% ( 85 % ) of the lower of the fair market value of the company 2019s stock on the close of the first trading day or last trading day of the purchase period . the plan has two purchase periods , the first from october 1 through march 31 and the second from april 1 through september 30 . for the years ended december 31 , 2013 , 2012 and 2011 , employees purchased 1.5 million , 1.4 million and 2.2 million shares , respectively , at purchase prices of $ 43.02 and $ 50.47 , $ 34.52 and $ 42.96 , and $ 30.56 and $ 35.61 , respectively . the company calculates the value of each employee stock option , estimated on the date of grant , using the black-scholes option pricing model . the weighted-average estimated fair value of employee stock options granted during 2013 , 2012 and 2011 was $ 9.52 , $ 9.60 and $ 13.25 , respectively , using the following weighted-average assumptions: .
||2013|2012|2011|
|expected volatility|22.1% ( 22.1 % )|24.0% ( 24.0 % )|28.8% ( 28.8 % )|
|risk-free interest rate|0.9% ( 0.9 % )|0.8% ( 0.8 % )|2.1% ( 2.1 % )|
|dividend yield|2.4% ( 2.4 % )|2.2% ( 2.2 % )|0.0% ( 0.0 % )|
|expected life ( years )|5.9|6.1|6.0|
the company uses the implied volatility for traded options on the company 2019s stock as the expected volatility assumption required in the black-scholes model . the selection of the implied volatility approach was based upon the availability of .
Question: what was the average share price in 2012
Answer:
|
39.74
|
what was the average share price in 2012
|
{
"options": {
"A": "43.02",
"B": "50.47",
"C": "34.52",
"D": "39.74"
},
"goldenKey": "D"
}
|
{
"A": "43.02",
"B": "50.47",
"C": "34.52",
"D": "39.74"
}
|
D
|
finqa923
|
Please answer the given financial question based on the context.
Context: notes to consolidated financial statements ( continued ) note 2 2014financial instruments ( continued ) are not covered by collateral , third-party flooring arrangements , or credit insurance are outstanding with the company 2019s distribution and retail channel partners . no customer accounted for more than 10% ( 10 % ) of trade receivables as of september 24 , 2005 or september 25 , 2004 . the following table summarizes the activity in the allowance for doubtful accounts ( in millions ) : september 24 , september 25 , september 27 .
||september 24 2005|september 25 2004|september 27 2003|
|beginning allowance balance|$ 47|$ 49|$ 51|
|charged to costs and expenses|8|3|4|
|deductions ( a )|-9 ( 9 )|-5 ( 5 )|-6 ( 6 )|
|ending allowance balance|$ 46|$ 47|$ 49|
( a ) represents amounts written off against the allowance , net of recoveries . vendor non-trade receivables the company has non-trade receivables from certain of its manufacturing vendors resulting from the sale of raw material components to these manufacturing vendors who manufacture sub-assemblies or assemble final products for the company . the company purchases these raw material components directly from suppliers . these non-trade receivables , which are included in the consolidated balance sheets in other current assets , totaled $ 417 million and $ 276 million as of september 24 , 2005 and september 25 , 2004 , respectively . the company does not reflect the sale of these components in net sales and does not recognize any profits on these sales until the products are sold through to the end customer at which time the profit is recognized as a reduction of cost of sales . derivative financial instruments the company uses derivatives to partially offset its business exposure to foreign exchange and interest rate risk . foreign currency forward and option contracts are used to offset the foreign exchange risk on certain existing assets and liabilities and to hedge the foreign exchange risk on expected future cash flows on certain forecasted revenue and cost of sales . from time to time , the company enters into interest rate derivative agreements to modify the interest rate profile of certain investments and debt . the company 2019s accounting policies for these instruments are based on whether the instruments are designated as hedge or non-hedge instruments . the company records all derivatives on the balance sheet at fair value. .
Question: what was the change in non-trade receivables , which are included in the consolidated balance sheets in other current assets , between september 24 , 2005 and september 25 , 2004 , in millions?
Answer:
|
141.0
|
what was the change in non-trade receivables , which are included in the consolidated balance sheets in other current assets , between september 24 , 2005 and september 25 , 2004 , in millions?
|
{
"options": {
"A": "141.0",
"B": "276.0",
"C": "417.0",
"D": "49.0"
},
"goldenKey": "A"
}
|
{
"A": "141.0",
"B": "276.0",
"C": "417.0",
"D": "49.0"
}
|
A
|
finqa924
|
Please answer the given financial question based on the context.
Context: entergy louisiana , llc and subsidiaries 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 $ 242.5 million primarily due to a settlement with the irs related to the mark-to-market income tax treatment of power purchase contracts , which resulted in a $ 422 million income tax benefit . the net income effect was partially offset by a $ 199 million regulatory charge , which reduced net revenue , because a portion of the benefit will be shared with customers . see note 3 to the financial statements for additional discussion of the settlement and benefit sharing . 2010 compared to 2009 net income decreased slightly by $ 1.4 million primarily due to higher other operation and maintenance expenses , a higher effective income tax rate , and higher interest expense , almost entirely offset by higher net revenue . 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 charges ( credits ) . following is an analysis of the change in net revenue comparing 2011 to 2010 . amount ( in millions ) .
||amount ( in millions )|
|2010 net revenue|$ 1043.7|
|mark-to-market tax settlement sharing|-195.9 ( 195.9 )|
|retail electric price|32.5|
|volume/weather|11.6|
|other|-5.7 ( 5.7 )|
|2011 net revenue|$ 886.2|
the mark-to-market tax settlement sharing variance results from a regulatory charge because a portion of the benefits of a settlement with the irs related to the mark-to-market income tax treatment of power purchase contracts will be shared with customers , slightly offset by the amortization of a portion of that charge beginning in october 2011 . see notes 3 and 8 to the financial statements for additional discussion of the settlement and benefit sharing . the retail electric price variance is primarily due to a formula rate plan increase effective may 2011 . see note 2 to the financial statements for discussion of the formula rate plan increase. .
Question: in 2011 what was the ratio of the income tax benefit to the increase in the net income
Answer:
|
1.74021
|
in 2011 what was the ratio of the income tax benefit to the increase in the net income
|
{
"options": {
"A": "1.74021",
"B": "0.58007",
"C": "2.48028",
"D": "1.25974"
},
"goldenKey": "A"
}
|
{
"A": "1.74021",
"B": "0.58007",
"C": "2.48028",
"D": "1.25974"
}
|
A
|
finqa925
|
Please answer the given financial question based on the context.
Context: the contractual maturities of held-to-maturity securities as of january 30 , 2009 were in excess of three years and were $ 31.4 million at cost and $ 28.9 million at fair value , respectively . for the successor year ended january 30 , 2009 and period ended february 1 , 2008 , and the predecessor period ended july 6 , 2007 and year ended february 2 , 2007 , gross realized gains and losses on the sales of available-for-sale securities were not material . the cost of securities sold is based upon the specific identification method . merchandise inventories inventories are stated at the lower of cost or market with cost determined using the retail last-in , first-out ( 201clifo 201d ) method . under the company 2019s retail inventory method ( 201crim 201d ) , the calculation of gross profit and the resulting valuation of inventories at cost are computed by applying a calculated cost-to-retail inventory ratio to the retail value of sales at a department level . costs directly associated with warehousing and distribution are capitalized into inventory . the excess of current cost over lifo cost was approximately $ 50.0 million at january 30 , 2009 and $ 6.1 million at february 1 , 2008 . current cost is determined using the retail first-in , first-out method . the company 2019s lifo reserves were adjusted to zero at july 6 , 2007 as a result of the merger . the successor recorded lifo provisions of $ 43.9 million and $ 6.1 million during 2008 and 2007 , respectively . the predecessor recorded a lifo credit of $ 1.5 million in 2006 . in 2008 , the increased commodity cost pressures mainly related to food and pet products which have been driven by fruit and vegetable prices and rising freight costs . increases in petroleum , resin , metals , pulp and other raw material commodity driven costs also resulted in multiple product cost increases . the company intends to address these commodity cost increases through negotiations with its vendors and by increasing retail prices as necessary . on a quarterly basis , the company estimates the annual impact of commodity cost fluctuations based upon the best available information at that point in time . 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. .
Question: what is the percentage change in held-to-maturity securities at cost and at fair value as of january 30 , 2009?
Answer:
|
-0.07962
|
what is the percentage change in held-to-maturity securities at cost and at fair value as of january 30 , 2009?
|
{
"options": {
"A": "-0.07962%",
"B": "0.07962%",
"C": "-7.962%",
"D": "7.962%"
},
"goldenKey": "A"
}
|
{
"A": "-0.07962%",
"B": "0.07962%",
"C": "-7.962%",
"D": "7.962%"
}
|
A
|
finqa926
|
Please answer the given financial question based on the context.
Context: part ii , item 8 fourth quarter of 2007 : 0160 schlumberger sold certain workover rigs for $ 32 million , resulting in a pretax gain of $ 24 million ( $ 17 million after-tax ) which is classified in interest and other income , net in the consolidated statement of income . 4 . acquisitions acquisition of eastern echo holding plc on december 10 , 2007 , schlumberger completed the acquisition of eastern echo holding plc ( 201ceastern echo 201d ) for $ 838 million in cash . eastern echo was a dubai-based marine seismic company that did not have any operations at the time of acquisition , but had signed contracts for the construction of six seismic vessels . the purchase price has been allocated to the net assets acquired based upon their estimated fair values as follows : ( stated in millions ) .
|cash and short-term investments|$ 266|
|other current assets|23|
|fixed income investments held to maturity|54|
|vessels under construction|694|
|accounts payable and accrued liabilities|-17 ( 17 )|
|long-term debt|-182 ( 182 )|
|total purchase price|$ 838|
other acquisitions schlumberger has made other acquisitions and minority interest investments , none of which were significant on an individual basis , for cash payments , net of cash acquired , of $ 514 million during 2009 , $ 345 million during 2008 , and $ 281 million during 2007 . pro forma results pertaining to the above acquisitions are not presented as the impact was not significant . 5 . drilling fluids joint venture the mi-swaco drilling fluids joint venture is owned 40% ( 40 % ) by schlumberger and 60% ( 60 % ) by smith international , inc . schlumberger records income relating to this venture using the equity method of accounting . the carrying value of schlumberger 2019s investment in the joint venture on december 31 , 2009 and 2008 was $ 1.4 billion and $ 1.3 billion , respectively , and is included within investments in affiliated companies on the consolidated balance sheet . schlumberger 2019s equity income from this joint venture was $ 131 million in 2009 , $ 210 million in 2008 and $ 178 million in 2007 . schlumberger received cash distributions from the joint venture of $ 106 million in 2009 , $ 57 million in 2008 and $ 46 million in 2007 . the joint venture agreement contains a provision under which either party to the joint venture may offer to sell its entire interest in the venture to the other party at a cash purchase price per percentage interest specified in an offer notice . if the offer to sell is not accepted , the offering party will be obligated to purchase the entire interest of the other party at the same price per percentage interest as the prices specified in the offer notice. .
Question: what was vessels under construction as a percentage of total purchase price?
Answer:
|
0.82816
|
what was vessels under construction as a percentage of total purchase price?
|
{
"options": {
"A": "0.032",
"B": "0.082",
"C": "0.828",
"D": "0.008"
},
"goldenKey": "C"
}
|
{
"A": "0.032",
"B": "0.082",
"C": "0.828",
"D": "0.008"
}
|
C
|
finqa927
|
Please answer the given financial question based on the context.
Context: entergy texas , inc . and subsidiaries management 2019s financial discussion and analysis in addition to the contractual obligations given above , entergy texas expects to contribute approximately $ 17 million to its qualified pension plans and approximately $ 3.2 million to other postretirement health care and life insurance plans in 2017 , although the 2017 required pension contributions will be known with more certainty when the january 1 , 2017 valuations are completed , which is expected by april 1 , 2017 . see 201ccritical accounting estimates - qualified pension and other postretirement benefits 201d below for a discussion of qualified pension and other postretirement benefits funding . also in addition to the contractual obligations , entergy texas has $ 15.6 million of unrecognized tax benefits and interest net of unused tax attributes and payments for which the timing of payments beyond 12 months cannot be reasonably estimated due to uncertainties in the timing of effective settlement of tax positions . see note 3 to the financial statements for additional information regarding unrecognized tax benefits . in addition to routine capital spending to maintain operations , the planned capital investment estimate for entergy texas includes specific investments such as the montgomery county power station discussed below ; transmission projects to enhance reliability , reduce congestion , and enable economic growth ; distribution spending to enhance reliability and improve service to customers , including initial investment to support advanced metering ; system improvements ; and other investments . estimated capital expenditures are subject to periodic review and modification and may vary based on the ongoing effects of regulatory constraints and requirements , environmental compliance , business opportunities , market volatility , economic trends , business restructuring , changes in project plans , and the ability to access capital . management provides more information on long-term debt in note 5 to the financial statements . as discussed above in 201ccapital structure , 201d entergy texas routinely evaluates its ability to pay dividends to entergy corporation from its earnings . sources of capital entergy texas 2019s sources to meet its capital requirements include : 2022 internally generated funds ; 2022 cash on hand ; 2022 debt or preferred stock issuances ; and 2022 bank financing under new or existing facilities . entergy texas may refinance , redeem , or otherwise retire debt prior to maturity , to the extent market conditions and interest and dividend rates are favorable . all debt and common and preferred stock issuances by entergy texas require prior regulatory approval . debt issuances are also subject to issuance tests set forth in its bond indenture and other agreements . entergy texas has sufficient capacity under these tests to meet its foreseeable capital needs . entergy texas 2019s receivables from or ( payables to ) the money pool were as follows as of december 31 for each of the following years. .
|2016|2015|2014|2013|
|( in thousands )|( in thousands )|( in thousands )|( in thousands )|
|$ 681|( $ 22068 )|$ 306|$ 6287|
see note 4 to the financial statements for a description of the money pool . entergy texas has a credit facility in the amount of $ 150 million scheduled to expire in august 2021 . the credit facility allows entergy texas to issue letters of credit against 50% ( 50 % ) of the borrowing capacity of the facility . as of december 31 , 2016 , there were no cash borrowings and $ 4.7 million of letters of credit outstanding under the credit facility . in addition , entergy texas is a party to an uncommitted letter of credit facility as a means to post collateral .
Question: as of december 31 , 2016 , what percentage of the august 2021 credit facility was drawn?
Answer:
|
0.03133
|
as of december 31 , 2016 , what percentage of the august 2021 credit facility was drawn?
|
{
"options": {
"A": "0.03133%",
"B": "0.3133%",
"C": "3.133%",
"D": "31.33%"
},
"goldenKey": "A"
}
|
{
"A": "0.03133%",
"B": "0.3133%",
"C": "3.133%",
"D": "31.33%"
}
|
A
|
finqa928
|
Please answer the given financial question based on the context.
Context: devon energy corporation and subsidiaries notes to consolidated financial statements 2014 ( continued ) the following methods and assumptions were used to estimate the fair values in the tables above . fixed-income securities 2014 devon 2019s fixed-income securities consist of u.s . treasury obligations , bonds issued by investment-grade companies from diverse industries , and asset-backed securities . these fixed-income securities are actively traded securities that can be redeemed upon demand . the fair values of these level 1 securities are based upon quoted market prices . devon 2019s fixed income securities also include commingled funds that primarily invest in long-term bonds and u.s . treasury securities . these fixed income securities can be redeemed on demand but are not actively traded . the fair values of these level 2 securities are based upon the net asset values provided by the investment managers . equity securities 2014 devon 2019s equity securities include a commingled global equity fund that invests in large , mid and small capitalization stocks across the world 2019s developed and emerging markets . these equity securities can be redeemed on demand but are not actively traded . the fair values of these level 2 securities are based upon the net asset values provided by the investment managers . at december 31 , 2010 , devon 2019s equity securities consisted of investments in u.s . large and small capitalization companies and international large capitalization companies . these equity securities were actively traded securities that could be redeemed upon demand . the fair values of these level 1 securities are based upon quoted market prices . at december 31 , 2010 , devon 2019s equity securities also included a commingled fund that invested in large capitalization companies . these equity securities could be redeemed on demand but were not actively traded . the fair values of these level 2 securities are based upon the net asset values provided by the investment managers . other securities 2014 devon 2019s other securities include commingled , short-term investment funds . these securities can be redeemed on demand but are not actively traded . the fair values of these level 2 securities are based upon the net asset values provided by investment managers . devon 2019s hedge fund and alternative investments include an investment in an actively traded global mutual fund that focuses on alternative investment strategies and a hedge fund of funds that invests both long and short using a variety of investment strategies . devon 2019s hedge fund of funds is not actively traded and devon is subject to redemption restrictions with regards to this investment . the fair value of this level 3 investment represents the fair value as determined by the hedge fund manager . included below is a summary of the changes in devon 2019s level 3 plan assets ( in millions ) . .
|december 31 2009|$ 51|
|purchases|3|
|investment returns|4|
|december 31 2010|58|
|purchases|33|
|investment returns|-1 ( 1 )|
|december 31 2011|$ 90|
.
Question: what was the percentage change in devon 2019s level 3 plan assets from 2009 to 2010
Answer:
|
0.13725
|
what was the percentage change in devon 2019s level 3 plan assets from 2009 to 2010
|
{
"options": {
"A": "0.0588",
"B": "0.13725",
"C": "0.31373",
"D": "0.64706"
},
"goldenKey": "B"
}
|
{
"A": "0.0588",
"B": "0.13725",
"C": "0.31373",
"D": "0.64706"
}
|
B
|
finqa929
|
Please answer the given financial question based on the context.
Context: the goldman sachs group , inc . and subsidiaries management 2019s discussion and analysis equities . includes client execution activities related to making markets in equity products and commissions and fees from executing and clearing institutional client transactions on major stock , options and futures exchanges worldwide , as well as otc transactions . equities also includes our securities services business , which provides financing , securities lending and other prime brokerage services to institutional clients , including hedge funds , mutual funds , pension funds and foundations , and generates revenues primarily in the form of interest rate spreads or fees . the table below presents the operating results of our institutional client services segment. .
|$ in millions|year ended december 2015|year ended december 2014|year ended december 2013|
|fixed income currency and commodities client execution|$ 7322|$ 8461|$ 8651|
|equities client execution1|3028|2079|2594|
|commissions and fees|3156|3153|3103|
|securities services|1645|1504|1373|
|total equities|7829|6736|7070|
|total net revenues|15151|15197|15721|
|operating expenses|13938|10880|11792|
|pre-tax earnings|$ 1213|$ 4317|$ 3929|
1 . net revenues related to the americas reinsurance business were $ 317 million for 2013 . in april 2013 , we completed the sale of a majority stake in our americas reinsurance business and no longer consolidate this business . 2015 versus 2014 . net revenues in institutional client services were $ 15.15 billion for 2015 , essentially unchanged compared with 2014 . net revenues in fixed income , currency and commodities client execution were $ 7.32 billion for 2015 , 13% ( 13 % ) lower than 2014 . excluding a gain of $ 168 million in 2014 related to the extinguishment of certain of our junior subordinated debt , net revenues in fixed income , currency and commodities client execution were 12% ( 12 % ) lower than 2014 , reflecting significantly lower net revenues in mortgages , credit products and commodities . the decreases in mortgages and credit products reflected challenging market-making conditions and generally low levels of activity during 2015 . the decline in commodities primarily reflected less favorable market-making conditions compared with 2014 , which included a strong first quarter of 2014 . these decreases were partially offset by significantly higher net revenues in interest rate products and currencies , reflecting higher volatility levels which contributed to higher client activity levels , particularly during the first quarter of 2015 . net revenues in equities were $ 7.83 billion for 2015 , 16% ( 16 % ) higher than 2014 . excluding a gain of $ 121 million ( $ 30 million and $ 91 million included in equities client execution and securities services , respectively ) in 2014 related to the extinguishment of certain of our junior subordinated debt , net revenues in equities were 18% ( 18 % ) higher than 2014 , primarily due to significantly higher net revenues in equities client execution across the major regions , reflecting significantly higher results in both derivatives and cash products , and higher net revenues in securities services , reflecting the impact of higher average customer balances and improved securities lending spreads . commissions and fees were essentially unchanged compared with 2014 . the firm elects the fair value option for certain unsecured borrowings . the fair value net gain attributable to the impact of changes in our credit spreads on these borrowings was $ 255 million ( $ 214 million and $ 41 million related to fixed income , currency and commodities client execution and equities client execution , respectively ) for 2015 , compared with a net gain of $ 144 million ( $ 108 million and $ 36 million related to fixed income , currency and commodities client execution and equities client execution , respectively ) for 2014 . during 2015 , the operating environment for institutional client services was positively impacted by diverging central bank monetary policies in the united states and the euro area in the first quarter , as increased volatility levels contributed to strong client activity levels in currencies , interest rate products and equity products , and market- making conditions improved . however , during the remainder of the year , concerns about global growth and uncertainty about the u.s . federal reserve 2019s interest rate policy , along with lower global equity prices , widening high-yield credit spreads and declining commodity prices , contributed to lower levels of client activity , particularly in mortgages and credit , and more difficult market-making conditions . if macroeconomic concerns continue over the long term and activity levels decline , net revenues in institutional client services would likely be negatively impacted . operating expenses were $ 13.94 billion for 2015 , 28% ( 28 % ) higher than 2014 , due to significantly higher net provisions for mortgage-related litigation and regulatory matters , partially offset by decreased compensation and benefits expenses . pre-tax earnings were $ 1.21 billion in 2015 , 72% ( 72 % ) lower than 2014 . 62 goldman sachs 2015 form 10-k .
Question: what percentage of total net revenues in the institutional client services segment was due to fixed income currency and commodities client execution in 2014?
Answer:
|
0.55675
|
what percentage of total net revenues in the institutional client services segment was due to fixed income currency and commodities client execution in 2014?
|
{
"options": {
"A": "5.5675%",
"B": "55.675%",
"C": "0.55675%",
"D": "0.055675%"
},
"goldenKey": "C"
}
|
{
"A": "5.5675%",
"B": "55.675%",
"C": "0.55675%",
"D": "0.055675%"
}
|
C
|
finqa930
|
Please answer the given financial question based on the context.
Context: net cash used by investing activities in 2013 also included $ 38.2 million for the may 13 , 2013 acquisition of challenger . see note 2 to the consolidated financial statements for information on the challenger acquisition . capital expenditures in 2013 , 2012 and 2011 totaled $ 70.6 million , $ 79.4 million and $ 61.2 million , respectively . capital expenditures in 2013 included continued investments related to the company 2019s execution of its strategic value creation processes around safety , quality , customer connection , innovation and rci initiatives . capital expenditures in all three years included spending to support the company 2019s strategic growth initiatives . in 2013 , the company continued to invest in new product , efficiency , safety and cost reduction initiatives to expand and improve its manufacturing capabilities worldwide . in 2012 , the company completed the construction of a fourth factory in kunshan , china , following the 2011 construction of a new engineering and research and development facility in kunshan . capital expenditures in all three years also included investments , particularly in the united states , in new product , efficiency , safety and cost reduction initiatives , as well as investments in new production and machine tooling to enhance manufacturing operations , and ongoing replacements of manufacturing and distribution equipment . capital spending in all three years also included spending for the replacement and enhancement of the company 2019s global enterprise resource planning ( erp ) management information systems , as well as spending to enhance the company 2019s corporate headquarters and research and development facilities in kenosha , wisconsin . snap-on believes that its cash generated from operations , as well as its available cash on hand and funds available from its credit facilities will be sufficient to fund the company 2019s capital expenditure requirements in 2014 . financing activities net cash used by financing activities was $ 137.8 million in 2013 , $ 127.0 million in 2012 and $ 293.7 million in 2011 . net cash used by financing activities in 2011 reflects the august 2011 repayment of $ 200 million of unsecured 6.25% ( 6.25 % ) notes upon maturity with available cash . proceeds from stock purchase and option plan exercises totaled $ 29.2 million in 2013 , $ 46.8 million in 2012 and $ 25.7 million in 2011 . snap-on has undertaken stock repurchases from time to time to offset dilution created by shares issued for employee and franchisee stock purchase plans , stock options and other corporate purposes . in 2013 , snap-on repurchased 926000 shares of its common stock for $ 82.6 million under its previously announced share repurchase programs . as of 2013 year end , snap-on had remaining availability to repurchase up to an additional $ 191.7 million in common stock pursuant to its board of directors 2019 ( the 201cboard 201d ) authorizations . the purchase of snap-on common stock is at the company 2019s discretion , subject to prevailing financial and market conditions . snap-on repurchased 1180000 shares of its common stock for $ 78.1 million in 2012 ; snap-on repurchased 628000 shares of its common stock for $ 37.4 million in 2011 . snap-on believes that its cash generated from operations , available cash on hand , and funds available from its credit facilities , will be sufficient to fund the company 2019s share repurchases , if any , in 2014 . snap-on has paid consecutive quarterly cash dividends , without interruption or reduction , since 1939 . cash dividends paid in 2013 , 2012 and 2011 totaled $ 92.0 million , $ 81.5 million and $ 76.7 million , respectively . on november 8 , 2013 , the company announced that its board increased the quarterly cash dividend by 15.8% ( 15.8 % ) to $ 0.44 per share ( $ 1.76 per share per year ) . quarterly dividends declared in 2013 were $ 0.44 per share in the fourth quarter and $ 0.38 per share in the first three quarters ( $ 1.58 per share for the year ) . quarterly dividends declared in 2012 were $ 0.38 per share in the fourth quarter and $ 0.34 per share in the first three quarters ( $ 1.40 per share for the year ) . quarterly dividends in 2011 were $ 0.34 per share in the fourth quarter and $ 0.32 per share in the first three quarters ( $ 1.30 per share for the year ) . .
||2013|2012|2011|
|cash dividends paid per common share|$ 1.58|$ 1.40|$ 1.30|
|cash dividends paid as a percent of prior-year retained earnings|4.5% ( 4.5 % )|4.4% ( 4.4 % )|4.7% ( 4.7 % )|
cash dividends paid as a percent of prior-year retained earnings 4.5% ( 4.5 % ) 4.4% ( 4.4 % ) snap-on believes that its cash generated from operations , available cash on hand and funds available from its credit facilities will be sufficient to pay dividends in 2014 . off-balance-sheet arrangements except as included below in the section labeled 201ccontractual obligations and commitments 201d and note 15 to the consolidated financial statements , the company had no off-balance-sheet arrangements as of 2013 year end . 2013 annual report 49 .
Question: what was the average capital expenditures from 2011 to 2013 in millions
Answer:
|
107.1
|
what was the average capital expenditures from 2011 to 2013 in millions
|
{
"options": {
"A": "70.6",
"B": "79.4",
"C": "61.2",
"D": "107.1"
},
"goldenKey": "D"
}
|
{
"A": "70.6",
"B": "79.4",
"C": "61.2",
"D": "107.1"
}
|
D
|
finqa931
|
Please answer the given financial question based on the context.
Context: management 2019s discussion and analysis investing & lending investing & lending includes our investing activities and the origination of loans to provide financing to clients . these investments and loans are typically longer-term in nature . we make investments , some of which are consolidated , directly and indirectly through funds that we manage , in debt securities and loans , public and private equity securities , and real estate entities . the table below presents the operating results of our investing & lending segment. .
|$ in millions|year ended december 2014|year ended december 2013|year ended december 2012|
|equity securities|$ 3813|$ 3930|$ 2800|
|debt securities and loans|2165|1947|1850|
|other1|847|1141|1241|
|total net revenues|6825|7018|5891|
|operating expenses|2819|2686|2668|
|pre-tax earnings|$ 4006|$ 4332|$ 3223|
1 . includes net revenues of $ 325 million for 2014 , $ 329 million for 2013 and $ 362 million for 2012 related to metro international trade services llc . we completed the sale of this consolidated investment in december 2014 . 2014 versus 2013 . net revenues in investing & lending were $ 6.83 billion for 2014 , 3% ( 3 % ) lower than 2013 . net gains from investments in equity securities were slightly lower due to a significant decrease in net gains from investments in public equities , as movements in global equity prices during 2014 were less favorable compared with 2013 , partially offset by an increase in net gains from investments in private equities , primarily driven by company-specific events . net revenues from debt securities and loans were higher than 2013 , reflecting a significant increase in net interest income , primarily driven by increased lending , and a slight increase in net gains , primarily due to sales of certain investments during 2014 . other net revenues , related to our consolidated investments , were significantly lower compared with 2013 , reflecting a decrease in operating revenues from commodities-related consolidated investments . during 2014 , net revenues in investing & lending generally reflected favorable company-specific events , including initial public offerings and financings , and strong corporate performance , as well as net gains from sales of certain investments . however , concerns about the outlook for the global economy and uncertainty over the impact of financial regulatory reform continue to be meaningful considerations for the global marketplace . if equity markets decline or credit spreads widen , net revenues in investing & lending would likely be negatively impacted . operating expenses were $ 2.82 billion for 2014 , 5% ( 5 % ) higher than 2013 , reflecting higher compensation and benefits expenses , partially offset by lower expenses related to consolidated investments . pre-tax earnings were $ 4.01 billion in 2014 , 8% ( 8 % ) lower than 2013 . 2013 versus 2012 . net revenues in investing & lending were $ 7.02 billion for 2013 , 19% ( 19 % ) higher than 2012 , reflecting a significant increase in net gains from investments in equity securities , driven by company-specific events and stronger corporate performance , as well as significantly higher global equity prices . in addition , net gains and net interest income from debt securities and loans were slightly higher , while other net revenues , related to our consolidated investments , were lower compared with 2012 . during 2013 , net revenues in investing & lending generally reflected favorable company-specific events and strong corporate performance , as well as the impact of significantly higher global equity prices and tighter corporate credit spreads . operating expenses were $ 2.69 billion for 2013 , essentially unchanged compared with 2012 . operating expenses during 2013 included lower impairment charges and lower operating expenses related to consolidated investments , partially offset by increased compensation and benefits expenses due to higher net revenues compared with 2012 . pre-tax earnings were $ 4.33 billion in 2013 , 34% ( 34 % ) higher than 2012 . goldman sachs 2014 annual report 45 .
Question: in millions for 2014 2013 and 2012 , what was average equity securities?
Answer:
|
3514.33333
|
in millions for 2014 2013 and 2012 , what was average equity securities?
|
{
"options": {
"A": "3813",
"B": "3930",
"C": "2800",
"D": "3514.33333"
},
"goldenKey": "D"
}
|
{
"A": "3813",
"B": "3930",
"C": "2800",
"D": "3514.33333"
}
|
D
|
finqa932
|
Please answer the given financial question based on the context.
Context: fair value of financial instruments : the company 2019s financial instruments include cash and cash equivalents , marketable securities , accounts receivable , certain investments , accounts payable , borrowings , and derivative contracts . the fair values of cash and cash equivalents , accounts receivable , accounts payable , and short-term borrowings and current portion of long-term debt approximated carrying values because of the short-term nature of these instruments . available-for-sale marketable securities and investments , in addition to certain derivative instruments , are recorded at fair values as indicated in the preceding disclosures . for its long-term debt the company utilized third-party quotes to estimate fair values ( classified as level 2 ) . information with respect to the carrying amounts and estimated fair values of these financial instruments follow: .
|( millions )|december 31 2012 carrying value|december 31 2012 fair value|december 31 2012 carrying value|fair value|
|long-term debt excluding current portion|$ 4916|$ 5363|$ 4484|$ 5002|
the fair values reflected above consider the terms of the related debt absent the impacts of derivative/hedging activity . the carrying amount of long-term debt referenced above is impacted by certain fixed-to-floating interest rate swaps that are designated as fair value hedges and by the designation of fixed rate eurobond securities issued by the company as hedging instruments of the company 2019s net investment in its european subsidiaries . 3m 2019s fixed-rate bonds were trading at a premium at december 31 , 2012 and 2011 due to the low interest rates and tightening of 3m 2019s credit spreads. .
Question: in december 2012 what was the percentage difference in the carrying values of the long-term debt excluding current portion
Answer:
|
0.09634
|
in december 2012 what was the percentage difference in the carrying values of the long-term debt excluding current portion
|
{
"options": {
"A": "0.09634",
"B": "0.139",
"C": "0.124",
"D": "0.082"
},
"goldenKey": "A"
}
|
{
"A": "0.09634",
"B": "0.139",
"C": "0.124",
"D": "0.082"
}
|
A
|
finqa933
|
Please answer the given financial question based on the context.
Context: reporting unit 2019s related goodwill assets . in 2013 , we recorded a non-cash goodwill impairment charge of $ 195 million , net of state tax benefits . see 201ccritical accounting policies - goodwill 201d in management 2019s discussion and analysis of financial condition and results of operations and 201cnote 1 2013 significant accounting policies 201d for more information on this impairment charge . changes in u.s . or foreign tax laws , including possibly with retroactive effect , and audits by tax authorities could result in unanticipated increases in our tax expense and affect profitability and cash flows . for example , proposals to lower the u.s . corporate income tax rate would require us to reduce our net deferred tax assets upon enactment of the related tax legislation , with a corresponding material , one-time increase to income tax expense , but our income tax expense and payments would be materially reduced in subsequent years . actual financial results could differ from our judgments and estimates . refer to 201ccritical accounting policies 201d in management 2019s discussion and analysis of financial condition and results of operations , and 201cnote 1 2013 significant accounting policies 201d of our consolidated financial statements for a complete discussion of our significant accounting policies and use of estimates . item 1b . unresolved staff comments . item 2 . properties . at december 31 , 2013 , we owned or leased building space ( including offices , manufacturing plants , warehouses , service centers , laboratories , and other facilities ) at 518 locations primarily in the u.s . additionally , we manage or occupy various u.s . government-owned facilities under lease and other arrangements . at december 31 , 2013 , we had significant operations in the following locations : 2022 aeronautics 2013 palmdale , california ; marietta , georgia ; greenville , south carolina ; fort worth and san antonio , texas ; and montreal , canada . 2022 information systems & global solutions 2013 goodyear , arizona ; sunnyvale , california ; colorado springs and denver , colorado ; gaithersburg and rockville , maryland ; valley forge , pennsylvania ; and houston , texas . 2022 missiles and fire control 2013 camden , arkansas ; orlando , florida ; lexington , kentucky ; and grand prairie , texas . 2022 mission systems and training 2013 orlando , florida ; baltimore , maryland ; moorestown/mt . laurel , new jersey ; owego and syracuse , new york ; akron , ohio ; and manassas , virginia . 2022 space systems 2013 huntsville , alabama ; sunnyvale , california ; denver , colorado ; albuquerque , new mexico ; and newtown , pennsylvania . 2022 corporate activities 2013 lakeland , florida and bethesda , maryland . in november 2013 , we committed to a plan to vacate our leased facilities in goodyear , arizona and akron , ohio , and close our owned facility in newtown , pennsylvania and certain owned buildings at our sunnyvale , california facility . we expect these closures , which include approximately 2.5 million square feet of facility space , will be substantially complete by the middle of 2015 . for information regarding these matters , see 201cnote 2 2013 restructuring charges 201d of our consolidated financial statements . the following is a summary of our square feet of floor space by business segment at december 31 , 2013 , inclusive of the facilities that we plan to vacate as mentioned above ( in millions ) : owned leased u.s . government- owned total .
||owned|leased|u.s . government- owned|total|
|aeronautics|5.8|2.7|14.2|22.7|
|information systems & global solutions|2.5|5.7|2014|8.2|
|missiles and fire control|4.2|5.1|1.3|10.6|
|mission systems and training|5.8|5.3|0.4|11.5|
|space systems|8.5|1.6|7.9|18.0|
|corporate activities|3.0|0.9|2014|3.9|
|total|29.8|21.3|23.8|74.9|
we believe our facilities are in good condition and adequate for their current use . we may improve , replace , or reduce facilities as considered appropriate to meet the needs of our operations. .
Question: what percentage of total square feet of floor space by business segment at december 31 , 2013 is in aeronautics?
Answer:
|
0.30307
|
what percentage of total square feet of floor space by business segment at december 31 , 2013 is in aeronautics?
|
{
"options": {
"A": "0.0405",
"B": "0.30307",
"C": "0.15154",
"D": "0.4045"
},
"goldenKey": "B"
}
|
{
"A": "0.0405",
"B": "0.30307",
"C": "0.15154",
"D": "0.4045"
}
|
B
|
finqa934
|
Please answer the given financial question based on the context.
Context: notes to consolidated financial statements 2014 ( continued ) the following table summarizes the changes in non-vested restricted stock awards for the year ended may 31 , 2009 ( share awards in thousands ) : share awards weighted average grant-date fair value .
||share awards|weighted average grant-date fair value|
|non-vested at may 31 2007|278|$ 37|
|granted|400|38|
|vested|-136 ( 136 )|30|
|forfeited|-24 ( 24 )|40|
|non-vested at may 31 2008|518|39|
|granted|430|43|
|vested|-159 ( 159 )|39|
|forfeited|-27 ( 27 )|41|
|non-vested at may 31 2009|762|42|
the weighted average grant-date fair value of share awards granted in the years ended may 31 , 2008 and 2007 was $ 38 and $ 45 , respectively . the total fair value of share awards vested during the years ended may 31 , 2009 , 2008 and 2007 was $ 6.2 million , $ 4.1 million and $ 1.7 million , respectively . we recognized compensation expense for restricted stock of $ 9.0 million , $ 5.7 million , and $ 2.7 million in the years ended may 31 , 2009 , 2008 and 2007 . as of may 31 , 2009 , there was $ 23.5 million of total unrecognized compensation cost related to unvested restricted stock awards that is expected to be recognized over a weighted average period of 2.9 years . employee stock purchase plan we have an employee stock purchase plan under which the sale of 2.4 million shares of our common stock has been authorized . employees may designate up to the lesser of $ 25000 or 20% ( 20 % ) of their annual compensation for the purchase of stock . the price for shares purchased under the plan is 85% ( 85 % ) of the market value on the last day of the quarterly purchase period . as of may 31 , 2009 , 0.8 million shares had been issued under this plan , with 1.6 million shares reserved for future issuance . the weighted average grant-date fair value of each designated share purchased under this plan was $ 6 , $ 6 and $ 8 in the years ended may 31 , 2009 , 2008 and 2007 , respectively . these values represent the fair value of the 15% ( 15 % ) discount . note 12 2014segment information general information during fiscal 2009 , we began assessing our operating performance using a new segment structure . we made this change as a result of our june 30 , 2008 acquisition of 51% ( 51 % ) of hsbc merchant services llp in the united kingdom , in addition to anticipated future international expansion . beginning with the quarter ended august 31 , 2008 , the reportable segments are defined as north america merchant services , international merchant services , and money transfer . the following tables reflect these changes and such reportable segments for fiscal years 2009 , 2008 , and 2007. .
Question: what is the total value of non-vested shares as of may 31 , 2009 , ( in millions ) ?
Answer:
|
32.004
|
what is the total value of non-vested shares as of may 31 , 2009 , ( in millions ) ?
|
{
"options": {
"A": "32.004",
"B": "23.5",
"C": "9.0",
"D": "6.2"
},
"goldenKey": "A"
}
|
{
"A": "32.004",
"B": "23.5",
"C": "9.0",
"D": "6.2"
}
|
A
|
finqa935
|
Please answer the given financial question based on the context.
Context: credit facilities . as such , our foreign cash and cash equivalents are not expected to be a key source of liquidity to our domestic operations . at september 30 , 2019 , we had approximately $ 2.9 billion of availability under our committed credit facilities , primarily under our revolving credit facility , the majority of which matures on july 1 , 2022 . this liquidity may be used to provide for ongoing working capital needs and for other general corporate purposes , including acquisitions , dividends and stock repurchases . certain restrictive covenants govern our maximum availability under the credit facilities . we test and report our compliance with these covenants as required and we were in compliance with all of these covenants at september 30 , 2019 . at september 30 , 2019 , we had $ 129.8 million of outstanding letters of credit not drawn cash and cash equivalents were $ 151.6 million at september 30 , 2019 and $ 636.8 million at september 30 , 2018 . we used a significant portion of the cash and cash equivalents on hand at september 30 , 2018 in connection with the closing of the kapstone acquisition . primarily all of the cash and cash equivalents at september 30 , 2019 were held outside of the u.s . at september 30 , 2019 , total debt was $ 10063.4 million , $ 561.1 million of which was current . at september 30 , 2018 , total debt was $ 6415.2 million , $ 740.7 million of which was current . the increase in debt was primarily related to the kapstone acquisition . cash flow activity .
|( in millions )|year ended september 30 , 2019|year ended september 30 , 2018|
|net cash provided by operating activities|$ 2310.2|$ 1931.2|
|net cash used for investing activities|$ -4579.6 ( 4579.6 )|$ -815.1 ( 815.1 )|
|net cash provided by ( used for ) financing activities|$ 1780.2|$ -755.1 ( 755.1 )|
net cash provided by operating activities during fiscal 2019 increased $ 379.0 million from fiscal 2018 primarily due to higher cash earnings and a $ 340.3 million net decrease in the use of working capital compared to the prior year . as a result of the retrospective adoption of asu 2016-15 and asu 2016-18 ( each as hereinafter defined ) as discussed in 201cnote 1 . description of business and summary of significant accounting policies 201d of the notes to consolidated financial statements , net cash provided by operating activities for fiscal 2018 was reduced by $ 489.7 million and cash provided by investing activities increased $ 483.8 million , primarily for the change in classification of proceeds received for beneficial interests obtained for transferring trade receivables in securitization transactions . net cash used for investing activities of $ 4579.6 million in fiscal 2019 consisted primarily of $ 3374.2 million for cash paid for the purchase of businesses , net of cash acquired ( excluding the assumption of debt ) , primarily related to the kapstone acquisition , and $ 1369.1 million for capital expenditures that were partially offset by $ 119.1 million of proceeds from the sale of property , plant and equipment primarily related to the sale of our atlanta beverage facility , $ 33.2 million of proceeds from corporate owned life insurance benefits and $ 25.5 million of proceeds from property , plant and equipment insurance proceeds related to the panama city , fl mill . net cash used for investing activities of $ 815.1 million in fiscal 2018 consisted primarily of $ 999.9 million for capital expenditures , $ 239.9 million for cash paid for the purchase of businesses , net of cash acquired primarily related to the plymouth acquisition and the schl fcter acquisition , and $ 108.0 million for an investment in grupo gondi . these investments were partially offset by $ 461.6 million of cash receipts on sold trade receivables as a result of the adoption of asu 2016-15 , $ 24.0 million of proceeds from the sale of certain affiliates as well as our solid waste management brokerage services business and $ 23.3 million of proceeds from the sale of property , plant and equipment . in fiscal 2019 , net cash provided by financing activities of $ 1780.2 million consisted primarily of a net increase in debt of $ 2314.6 million , primarily related to the kapstone acquisition and partially offset by cash dividends paid to stockholders of $ 467.9 million and purchases of common stock of $ 88.6 million . in fiscal 2018 , net cash used for financing activities of $ 755.1 million consisted primarily of cash dividends paid to stockholders of $ 440.9 million and purchases of common stock of $ 195.1 million and net repayments of debt of $ 120.1 million. .
Question: in 2019 what was the net change in cash in millions
Answer:
|
-489.2
|
in 2019 what was the net change in cash in millions
|
{
"options": {
"A": "-379.0",
"B": "-379.2",
"C": "-489.0",
"D": "-489.2"
},
"goldenKey": "D"
}
|
{
"A": "-379.0",
"B": "-379.2",
"C": "-489.0",
"D": "-489.2"
}
|
D
|
finqa936
|
Please answer the given financial question based on the context.
Context: j.p . morgan chase & co . / 2003 annual report 33 corporate credit allocation in 2003 , tss was assigned a corporate credit allocation of pre- tax earnings and the associated capital related to certain credit exposures managed within ib 2019s credit portfolio on behalf of clients shared with tss . prior periods have been revised to reflect this allocation . for 2003 , the impact to tss of this change increased pre-tax operating results by $ 36 million and average allocated capital by $ 712 million , and it decreased sva by $ 65 million . pre-tax operating results were $ 46 million lower than in 2002 , reflecting lower loan volumes and higher related expenses , slightly offset by a decrease in credit costs . business outlook tss revenue in 2004 is expected to benefit from improved global equity markets and from two recent acquisitions : the november 2003 acquisition of the bank one corporate trust portfolio , and the january 2004 acquisition of citigroup 2019s electronic funds services business . tss also expects higher costs as it integrates these acquisitions and continues strategic investments to sup- port business expansion . by client segment tss dimensions of 2003 revenue diversification by business revenue by geographic region investor services 36% ( 36 % ) other 1% ( 1 % ) institutional trust services 23% ( 23 % ) treasury services 40% ( 40 % ) large corporations 21% ( 21 % ) middle market 18% ( 18 % ) banks 11% ( 11 % ) nonbank financial institutions 44% ( 44 % ) public sector/governments 6% ( 6 % ) europe , middle east & africa 27% ( 27 % ) asia/pacific 9% ( 9 % ) the americas 64% ( 64 % ) ( a ) includes the elimination of revenue related to shared activities with chase middle market in the amount of $ 347 million . year ended december 31 , operating revenue .
|year ended december 31 , ( in millions )|year ended december 31 , 2003|year ended december 31 , 2002|change|
|treasury services|$ 1927|$ 1818|6% ( 6 % )|
|investor services|1449|1513|-4 ( 4 )|
|institutional trust services ( a )|928|864|7|
|other ( a ) ( b )|-312 ( 312 )|-303 ( 303 )|-3 ( 3 )|
|total treasury & securities services|$ 3992|$ 3892|3% ( 3 % )|
( a ) includes a portion of the $ 41 million gain on sale of a nonstrategic business in 2003 : $ 1 million in institutional trust services and $ 40 million in other . ( b ) includes the elimination of revenues related to shared activities with chase middle market , and a $ 50 million gain on sale of a non-u.s . securities clearing firm in 2002. .
Question: how much was 2003 total treasury & securities services without the benefit of the special gain ( in us$ m ) ?
Answer:
|
3951.0
|
how much was 2003 total treasury & securities services without the benefit of the special gain ( in us$ m ) ?
|
{
"options": {
"A": "3992",
"B": "3892",
"C": "3951",
"D": "None of the above"
},
"goldenKey": "C"
}
|
{
"A": "3992",
"B": "3892",
"C": "3951",
"D": "None of the above"
}
|
C
|
finqa937
|
Please answer the given financial question based on the context.
Context: entergy arkansas , inc . management's financial discussion and analysis operating activities cash flow from operations increased $ 8.8 million in 2004 compared to 2003 primarily due to income tax benefits received in 2004 , and increased recovery of deferred fuel costs . this increase was substantially offset by money pool activity . in 2003 , the domestic utility companies and system energy filed , with the irs , a change in tax accounting method notification for their respective calculations of cost of goods sold . the adjustment implemented a simplified method of allocation of overhead to the production of electricity , which is provided under the irs capitalization regulations . the cumulative adjustment placing these companies on the new methodology resulted in a $ 1.171 billion deduction for entergy arkansas on entergy's 2003 income tax return . there was no cash benefit from the method change in 2003 . in 2004 , entergy arkansas realized $ 173 million in cash tax benefit from the method change . this tax accounting method change is an issue across the utility industry and will likely be challenged by the irs on audit . as of december 31 , 2004 , entergy arkansas has a net operating loss ( nol ) carryforward for tax purposes of $ 766.9 million , principally resulting from the change in tax accounting method related to cost of goods sold . if the tax accounting method change is sustained , entergy arkansas expects to utilize the nol carryforward through 2006 . cash flow from operations increased $ 80.1 million in 2003 compared to 2002 primarily due to income taxes paid of $ 2.2 million in 2003 compared to income taxes paid of $ 83.9 million in 2002 , and money pool activity . this increase was partially offset by decreased recovery of deferred fuel costs in 2003 . entergy arkansas' receivables from or ( payables to ) the money pool were as follows as of december 31 for each of the following years: .
|2004|2003|2002|2001|
|( in thousands )|( in thousands )|( in thousands )|( in thousands )|
|$ 23561|( $ 69153 )|$ 4279|$ 23794|
money pool activity used $ 92.7 million of entergy arkansas' operating cash flow in 2004 , provided $ 73.4 million in 2003 , and provided $ 19.5 million in 2002 . see note 4 to the domestic utility companies and system energy financial statements for a description of the money pool . investing activities the decrease of $ 68.1 million in net cash used in investing activities in 2004 compared to 2003 was primarily due to a decrease in construction expenditures resulting from less transmission upgrade work requested by merchant generators in 2004 combined with lower spending on customer support projects in 2004 . the increase of $ 88.1 million in net cash used in investing activities in 2003 compared to 2002 was primarily due to an increase in construction expenditures of $ 57.4 million and the maturity of $ 38.4 million of other temporary investments in the first quarter of 2002 . construction expenditures increased in 2003 primarily due to the following : 2022 a ferc ruling that shifted responsibility for transmission upgrade work performed for independent power producers to entergy arkansas ; and 2022 the ano 1 steam generator , reactor vessel head , and transformer replacement project . financing activities the decrease of $ 90.7 million in net cash used in financing activities in 2004 compared to 2003 was primarily due to the net redemption of $ 2.4 million of long-term debt in 2004 compared to $ 109.3 million in 2003 , partially offset by the payment of $ 16.2 million more in common stock dividends during the same period. .
Question: what portion of the increase in net cash used in investing activities in 2003 is due to an increase in construction expenditures?
Answer:
|
0.65153
|
what portion of the increase in net cash used in investing activities in 2003 is due to an increase in construction expenditures?
|
{
"options": {
"A": "0.65153",
"B": "0.4279",
"C": "0.23794",
"D": "0.2022"
},
"goldenKey": "A"
}
|
{
"A": "0.65153",
"B": "0.4279",
"C": "0.23794",
"D": "0.2022"
}
|
A
|
finqa938
|
Please answer the given financial question based on the context.
Context: eog resources , inc . supplemental information to consolidated financial statements ( continued ) capitalized costs relating to oil and gas producing activities . the following table sets forth the capitalized costs relating to eog's crude oil and natural gas producing activities at december 31 , 2018 and 2017: .
||2018|2017|
|proved properties|$ 53624809|$ 48845672|
|unproved properties|3705207|3710069|
|total|57330016|52555741|
|accumulated depreciation depletion and amortization|-31674085 ( 31674085 )|-29191247 ( 29191247 )|
|net capitalized costs|$ 25655931|$ 23364494|
costs incurred in oil and gas property acquisition , exploration and development activities . the acquisition , exploration and development costs disclosed in the following tables are in accordance with definitions in the extractive industries - oil and gas topic of the accounting standards codification ( asc ) . acquisition costs include costs incurred to purchase , lease or otherwise acquire property . exploration costs include additions to exploratory wells , including those in progress , and exploration expenses . development costs include additions to production facilities and equipment and additions to development wells , including those in progress. .
Question: considering the years 2017 and 2018 , what was the increase observed in the net capitalized costs?
Answer:
|
0.09807
|
considering the years 2017 and 2018 , what was the increase observed in the net capitalized costs?
|
{
"options": {
"A": "0.09807",
"B": "0.09809",
"C": "0.09811",
"D": "0.09813"
},
"goldenKey": "A"
}
|
{
"A": "0.09807",
"B": "0.09809",
"C": "0.09811",
"D": "0.09813"
}
|
A
|
finqa940
|
Please answer the given financial question based on the context.
Context: part a0iii item a010 . directors , executive officers and corporate governance for the information required by this item a010 with respect to our executive officers , see part a0i , item 1 . of this report . for the other information required by this item a010 , see 201celection of directors , 201d 201cnominees for election to the board of directors , 201d 201ccorporate governance 201d and 201csection a016 ( a ) beneficial ownership reporting compliance , 201d in the proxy statement for our 2019 annual meeting , which information is incorporated herein by reference . the proxy statement for our 2019 annual meeting will be filed within 120 a0days after the end of the fiscal year covered by this annual report on form 10-k . item a011 . executive compensation for the information required by this item a011 , see 201ccompensation discussion and analysis , 201d 201ccompensation committee report , 201d and 201cexecutive compensation 201d in the proxy statement for our 2019 annual meeting , which information is incorporated herein by reference . item a012 . security ownership of certain beneficial owners and management and related stockholder matters for the information required by this item a012 with respect to beneficial ownership of our common stock , see 201csecurity ownership of certain beneficial owners and management 201d in the proxy statement for our 2019 annual meeting , which information is incorporated herein by reference . the following table sets forth certain information as of december a031 , 2018 regarding our equity plans : plan category number of securities to be issued upon exercise of outstanding options , warrants and rights ( 1 ) weighted-average exercise price of outstanding options , warrants and rights number of securities remaining available for future issuance under equity compensation plans ( excluding securities reflected in column ( a ) ( b ) ( c ) equity compensation plans approved by security holders 1471449 $ 136.62 3578241 ( 1 ) the number of securities in column ( a ) include 22290 shares of common stock underlying performance stock units if maximum performance levels are achieved ; the actual number of shares , if any , to be issued with respect to the performance stock units will be based on performance with respect to specified financial and relative stock price measures . item a013 . certain relationships and related transactions , and director independence for the information required by this item a013 , see 201ccertain transactions 201d and 201ccorporate governance 201d in the proxy statement for our 2019 annual meeting , which information is incorporated herein by reference . item a014 . principal accounting fees and services for the information required by this item a014 , see 201caudit and non-audit fees 201d and 201caudit committee pre-approval procedures 201d in the proxy statement for our 2019 annual meeting , which information is incorporated herein by reference. .
|plan category|number of securitiesto be issued uponexercise ofoutstanding options warrants and rights ( 1 ) ( a ) ( b )|weighted-averageexercise price ofoutstanding options warrants and rights|number of securitiesremaining available forfuture issuance underequity compensationplans ( excludingsecurities reflected in column ( a ) ) ( c )|
|equity compensation plans approved by security holders|1471449|$ 136.62|3578241|
part a0iii item a010 . directors , executive officers and corporate governance for the information required by this item a010 with respect to our executive officers , see part a0i , item 1 . of this report . for the other information required by this item a010 , see 201celection of directors , 201d 201cnominees for election to the board of directors , 201d 201ccorporate governance 201d and 201csection a016 ( a ) beneficial ownership reporting compliance , 201d in the proxy statement for our 2019 annual meeting , which information is incorporated herein by reference . the proxy statement for our 2019 annual meeting will be filed within 120 a0days after the end of the fiscal year covered by this annual report on form 10-k . item a011 . executive compensation for the information required by this item a011 , see 201ccompensation discussion and analysis , 201d 201ccompensation committee report , 201d and 201cexecutive compensation 201d in the proxy statement for our 2019 annual meeting , which information is incorporated herein by reference . item a012 . security ownership of certain beneficial owners and management and related stockholder matters for the information required by this item a012 with respect to beneficial ownership of our common stock , see 201csecurity ownership of certain beneficial owners and management 201d in the proxy statement for our 2019 annual meeting , which information is incorporated herein by reference . the following table sets forth certain information as of december a031 , 2018 regarding our equity plans : plan category number of securities to be issued upon exercise of outstanding options , warrants and rights ( 1 ) weighted-average exercise price of outstanding options , warrants and rights number of securities remaining available for future issuance under equity compensation plans ( excluding securities reflected in column ( a ) ( b ) ( c ) equity compensation plans approved by security holders 1471449 $ 136.62 3578241 ( 1 ) the number of securities in column ( a ) include 22290 shares of common stock underlying performance stock units if maximum performance levels are achieved ; the actual number of shares , if any , to be issued with respect to the performance stock units will be based on performance with respect to specified financial and relative stock price measures . item a013 . certain relationships and related transactions , and director independence for the information required by this item a013 , see 201ccertain transactions 201d and 201ccorporate governance 201d in the proxy statement for our 2019 annual meeting , which information is incorporated herein by reference . item a014 . principal accounting fees and services for the information required by this item a014 , see 201caudit and non-audit fees 201d and 201caudit committee pre-approval procedures 201d in the proxy statement for our 2019 annual meeting , which information is incorporated herein by reference. .
Question: what portion of the securities approved by the security holders is issued?
Answer:
|
0.29139
|
what portion of the securities approved by the security holders is issued?
|
{
"options": {
"A": "0.1471449",
"B": "0.13662",
"C": "0.3578241",
"D": "0.29139"
},
"goldenKey": "D"
}
|
{
"A": "0.1471449",
"B": "0.13662",
"C": "0.3578241",
"D": "0.29139"
}
|
D
|
finqa941
|
Please answer the given financial question based on the context.
Context: year ended december 31 , 2004 compared to year ended december 31 , 2003 the historical results of operations of pca for the years ended december 31 , 2004 and 2003 are set forth below : for the year ended december 31 , ( in millions ) 2004 2003 change .
|( in millions )|for the year ended december 31 , 2004|for the year ended december 31 , 2003|change|
|net sales|$ 1890.1|$ 1735.5|$ 154.6|
|income before interest and taxes|$ 140.5|$ 96.9|$ 43.6|
|interest expense net|-29.6 ( 29.6 )|-121.8 ( 121.8 )|92.2|
|income ( loss ) before taxes|110.9|-24.9 ( 24.9 )|135.8|
|( provision ) benefit for income taxes|-42.2 ( 42.2 )|10.5|-52.7 ( 52.7 )|
|net income ( loss )|$ 68.7|$ -14.4 ( 14.4 )|$ 83.1|
net sales net sales increased by $ 154.6 million , or 8.9% ( 8.9 % ) , for the year ended december 31 , 2004 from the year ended december 31 , 2003 . net sales increased due to improved sales volumes and prices of corrugated products and containerboard compared to 2003 . total corrugated products volume sold increased 6.6% ( 6.6 % ) to 29.9 billion square feet in 2004 compared to 28.1 billion square feet in 2003 . on a comparable shipment-per-workday basis , corrugated products sales volume increased 7.0% ( 7.0 % ) in 2004 from 2003 . excluding pca 2019s acquisition of acorn in february 2004 , corrugated products volume was 5.3% ( 5.3 % ) higher in 2004 than 2003 and up 5.8% ( 5.8 % ) compared to 2003 on a shipment-per-workday basis . shipments-per-workday is calculated by dividing our total corrugated products volume during the year by the number of workdays within the year . the larger percentage increase was due to the fact that 2004 had one less workday ( 251 days ) , those days not falling on a weekend or holiday , than 2003 ( 252 days ) . containerboard sales volume to external domestic and export customers increased 6.8% ( 6.8 % ) to 475000 tons for the year ended december 31 , 2004 from 445000 tons in 2003 . income before interest and taxes income before interest and taxes increased by $ 43.6 million , or 45.1% ( 45.1 % ) , for the year ended december 31 , 2004 compared to 2003 . included in income before interest and taxes for the year ended december 31 , 2004 is income of $ 27.8 million , net of expenses , attributable to a dividend paid to pca by stv , the timberlands joint venture in which pca owns a 311 20443% ( 20443 % ) ownership interest . included in income before interest and taxes for the year ended december 31 , 2003 is a $ 3.3 million charge for fees and expenses related to the company 2019s debt refinancing which was completed in july 2003 , and a fourth quarter charge of $ 16.0 million to settle certain benefits related matters with pactiv corporation dating back to april 12 , 1999 when pca became a stand-alone company , as described below . during the fourth quarter of 2003 , pactiv notified pca that we owed pactiv additional amounts for hourly pension benefits and workers 2019 compensation liabilities dating back to april 12 , 1999 . a settlement of $ 16.0 million was negotiated between pactiv and pca in december 2003 . the full amount of the settlement was accrued in the fourth quarter of 2003 . excluding these special items , operating income decreased $ 3.4 million in 2004 compared to 2003 . the $ 3.4 million decrease in income before interest and taxes was primarily attributable to increased energy and transportation costs ( $ 19.2 million ) , higher recycled and wood fiber costs ( $ 16.7 million ) , increased salary expenses related to annual increases and new hires ( $ 5.7 million ) , and increased contractual hourly labor costs ( $ 5.6 million ) , which was partially offset by increased sales volume and sales prices ( $ 44.3 million ) . .
Question: what was the change in total corrugated products volume sold in billion square feet from 2004 compared to 2003?
Answer:
|
1.8
|
what was the change in total corrugated products volume sold in billion square feet from 2004 compared to 2003?
|
{
"options": {
"A": "1.8",
"B": "6.6",
"C": "5.3",
"D": "7.0"
},
"goldenKey": "A"
}
|
{
"A": "1.8",
"B": "6.6",
"C": "5.3",
"D": "7.0"
}
|
A
|
finqa942
|
Please answer the given financial question based on the context.
Context: table of contents other equity method investments infraservs . we hold indirect ownership interests in several german infraserv groups that own and develop industrial parks and provide on-site general and administrative support to tenants . our ownership interest in the equity investments in infraserv affiliates are as follows : as of december 31 , 2017 ( in percentages ) infraserv gmbh & co . gendorf kg ( 1 ) ................................................................................................... . 39 .
||as of december 31 2017 ( in percentages )|
|infraserv gmbh & co . gendorf kg ( 1 )|39|
|infraserv gmbh & co . hoechst kg|32|
|infraserv gmbh & co . knapsack kg ( 1 )|27|
infraserv gmbh & co . knapsack kg ( 1 ) ................................................................................................ . 27 ______________________________ ( 1 ) see note 29 - subsequent events in the accompanying consolidated financial statements for further information . research and development our business models leverage innovation and conduct research and development activities to develop new , and optimize existing , production technologies , as well as to develop commercially viable new products and applications . research and development expense was $ 72 million , $ 78 million and $ 119 million for the years ended december 31 , 2017 , 2016 and 2015 , respectively . we consider the amounts spent during each of the last three fiscal years on research and development activities to be sufficient to execute our current strategic initiatives . intellectual property we attach importance to protecting our intellectual property , including safeguarding our confidential information and through our patents , trademarks and copyrights , in order to preserve our investment in research and development , manufacturing and marketing . patents may cover processes , equipment , products , intermediate products and product uses . we also seek to register trademarks as a means of protecting the brand names of our company and products . patents . in most industrial countries , patent protection exists for new substances and formulations , as well as for certain unique applications and production processes . however , we do business in regions of the world where intellectual property protection may be limited and difficult to enforce . confidential information . we maintain stringent information security policies and procedures wherever we do business . such information security policies and procedures include data encryption , controls over the disclosure and safekeeping of confidential information and trade secrets , as well as employee awareness training . trademarks . amcel ae , aoplus ae , ateva ae , avicor ae , celanese ae , celanex ae , celcon ae , celfx ae , celstran ae , celvolit ae , clarifoil ae , dur- o-set ae , ecomid ae , ecovae ae , forflex ae , forprene ae , frianyl ae , fortron ae , ghr ae , gumfit ae , gur ae , hostaform ae , laprene ae , metalx ae , mowilith ae , mt ae , nilamid ae , nivionplast ae , nutrinova ae , nylfor ae , pibiflex ae , pibifor ae , pibiter ae , polifor ae , resyn ae , riteflex ae , slidex ae , sofprene ae , sofpur ae , sunett ae , talcoprene ae , tecnoprene ae , thermx ae , tufcor ae , vantage ae , vectra ae , vinac ae , vinamul ae , vitaldose ae , zenite ae and certain other branded products and services named in this document are registered or reserved trademarks or service marks owned or licensed by celanese . the foregoing is not intended to be an exhaustive or comprehensive list of all registered or reserved trademarks and service marks owned or licensed by celanese . fortron ae is a registered trademark of fortron industries llc . hostaform ae is a registered trademark of hoechst gmbh . mowilith ae and nilamid ae are registered trademarks of celanese in most european countries . we monitor competitive developments and defend against infringements on our intellectual property rights . neither celanese nor any particular business segment is materially dependent upon any one patent , trademark , copyright or trade secret . environmental and other regulation matters pertaining to environmental and other regulations are discussed in item 1a . risk factors , as well as note 2 - summary of accounting policies , note 16 - environmental and note 24 - commitments and contingencies in the accompanying consolidated financial statements. .
Question: what is the percentage change in research and development expense from 2015 to 2016?
Answer:
|
-0.34454
|
what is the percentage change in research and development expense from 2015 to 2016?
|
{
"options": {
"A": "0.34454",
"B": "-0.34454",
"C": "0.11111",
"D": "-0.11111"
},
"goldenKey": "B"
}
|
{
"A": "0.34454",
"B": "-0.34454",
"C": "0.11111",
"D": "-0.11111"
}
|
B
|
finqa943
|
Please answer the given financial question based on the context.
Context: management 2019s discussion and analysis 128 jpmorgan chase & co./2010 annual report year ended december 31 .
|( in millions )|2010|2009|2008|
|hedges of lending-related commitments ( a )|$ -279 ( 279 )|$ -3258 ( 3258 )|$ 2216|
|cva and hedges of cva ( a )|-403 ( 403 )|1920|-2359 ( 2359 )|
|net gains/ ( losses )|$ -682 ( 682 )|$ -1338 ( 1338 )|$ -143 ( 143 )|
( a ) these hedges do not qualify for hedge accounting under u.s . gaap . lending-related commitments jpmorgan chase uses lending-related financial instruments , such as commitments and guarantees , to meet the financing needs of its customers . the contractual amount of these financial instruments represents the maximum possible credit risk should the counterpar- ties draw down on these commitments or the firm fulfills its obliga- tion under these guarantees , and should the counterparties subsequently fail to perform according to the terms of these con- tracts . wholesale lending-related commitments were $ 346.1 billion at december 31 , 2010 , compared with $ 347.2 billion at december 31 , 2009 . the decrease reflected the january 1 , 2010 , adoption of accounting guidance related to vies . excluding the effect of the accounting guidance , lending-related commitments would have increased by $ 16.6 billion . in the firm 2019s view , the total contractual amount of these wholesale lending-related commitments is not representative of the firm 2019s actual credit risk exposure or funding requirements . in determining the amount of credit risk exposure the firm has to wholesale lend- ing-related commitments , which is used as the basis for allocating credit risk capital to these commitments , the firm has established a 201cloan-equivalent 201d amount for each commitment ; this amount represents the portion of the unused commitment or other contin- gent exposure that is expected , based on average portfolio histori- cal experience , to become drawn upon in an event of a default by an obligor . the loan-equivalent amounts of the firm 2019s lending- related commitments were $ 189.9 billion and $ 179.8 billion as of december 31 , 2010 and 2009 , respectively . country exposure the firm 2019s wholesale portfolio includes country risk exposures to both developed and emerging markets . the firm seeks to diversify its country exposures , including its credit-related lending , trading and investment activities , whether cross-border or locally funded . country exposure under the firm 2019s internal risk management ap- proach is reported based on the country where the assets of the obligor , counterparty or guarantor are located . exposure amounts , including resale agreements , are adjusted for collateral and for credit enhancements ( e.g. , guarantees and letters of credit ) pro- vided by third parties ; outstandings supported by a guarantor located outside the country or backed by collateral held outside the country are assigned to the country of the enhancement provider . in addition , the effect of credit derivative hedges and other short credit or equity trading positions are taken into consideration . total exposure measures include activity with both government and private-sector entities in a country . the firm also reports country exposure for regulatory purposes following ffiec guidelines , which are different from the firm 2019s internal risk management approach for measuring country expo- sure . for additional information on the ffiec exposures , see cross- border outstandings on page 314 of this annual report . several european countries , including greece , portugal , spain , italy and ireland , have been subject to credit deterioration due to weak- nesses in their economic and fiscal situations . the firm is closely monitoring its exposures to these five countries . aggregate net exposures to these five countries as measured under the firm 2019s internal approach was less than $ 15.0 billion at december 31 , 2010 , with no country representing a majority of the exposure . sovereign exposure in all five countries represented less than half the aggregate net exposure . the firm currently believes its exposure to these five countries is modest relative to the firm 2019s overall risk expo- sures and is manageable given the size and types of exposures to each of the countries and the diversification of the aggregate expo- sure . the firm continues to conduct business and support client activity in these countries and , therefore , the firm 2019s aggregate net exposures may vary over time . in addition , the net exposures may be impacted by changes in market conditions , and the effects of interest rates and credit spreads on market valuations . as part of its ongoing country risk management process , the firm monitors exposure to emerging market countries , and utilizes country stress tests to measure and manage the risk of extreme loss associated with a sovereign crisis . there is no common definition of emerging markets , but the firm generally includes in its definition those countries whose sovereign debt ratings are equivalent to 201ca+ 201d or lower . the table below presents the firm 2019s exposure to its top 10 emerging markets countries based on its internal measure- ment approach . the selection of countries is based solely on the firm 2019s largest total exposures by country and does not represent its view of any actual or potentially adverse credit conditions. .
Question: what was the ratio of the wholesale lending-related commitments in 2010 compared to 2009
Answer:
|
0.99683
|
what was the ratio of the wholesale lending-related commitments in 2010 compared to 2009
|
{
"options": {
"A": "0.99683",
"B": "0.953",
"C": "1.00317",
"D": "1.048"
},
"goldenKey": "A"
}
|
{
"A": "0.99683",
"B": "0.953",
"C": "1.00317",
"D": "1.048"
}
|
A
|
finqa944
|
Please answer the given financial question based on the context.
Context: 2015 compared to 2014 mfc 2019s net sales in 2015 decreased $ 322 million , or 5% ( 5 % ) , compared to the same period in 2014 . the decrease was attributable to lower net sales of approximately $ 345 million for air and missile defense programs due to fewer deliveries ( primarily pac-3 ) and lower volume ( primarily thaad ) ; and approximately $ 85 million for tactical missile programs due to fewer deliveries ( primarily guided multiple launch rocket system ( gmlrs ) ) and joint air-to-surface standoff missile , partially offset by increased deliveries for hellfire . these decreases were partially offset by higher net sales of approximately $ 55 million for energy solutions programs due to increased volume . mfc 2019s operating profit in 2015 decreased $ 62 million , or 5% ( 5 % ) , compared to 2014 . the decrease was attributable to lower operating profit of approximately $ 100 million for fire control programs due primarily to lower risk retirements ( primarily lantirn and sniper ) ; and approximately $ 65 million for tactical missile programs due to lower risk retirements ( primarily hellfire and gmlrs ) and fewer deliveries . these decreases were partially offset by higher operating profit of approximately $ 75 million for air and missile defense programs due to increased risk retirements ( primarily thaad ) . adjustments not related to volume , including net profit booking rate adjustments and other matters , were approximately $ 60 million lower in 2015 compared to 2014 . backlog backlog decreased in 2016 compared to 2015 primarily due to lower orders on pac-3 , hellfire , and jassm . backlog increased in 2015 compared to 2014 primarily due to higher orders on pac-3 , lantirn/sniper and certain tactical missile programs , partially offset by lower orders on thaad . trends we expect mfc 2019s net sales to increase in the mid-single digit percentage range in 2017 as compared to 2016 driven primarily by our air and missile defense programs . operating profit is expected to be flat or increase slightly . accordingly , operating profit margin is expected to decline from 2016 levels as a result of contract mix and fewer risk retirements in 2017 compared to 2016 . rotary and mission systems as previously described , on november 6 , 2015 , we acquired sikorsky and aligned the sikorsky business under our rms business segment . the 2015 results of the acquired sikorsky business have been included in our financial results from the november 6 , 2015 acquisition date through december 31 , 2015 . as a result , our consolidated operating results and rms business segment operating results for the year ended december 31 , 2015 do not reflect a full year of sikorsky operations . our rms business segment provides design , manufacture , service and support for a variety of military and civil helicopters , ship and submarine mission and combat systems ; mission systems and sensors for rotary and fixed-wing aircraft ; sea and land-based missile defense systems ; radar systems ; the littoral combat ship ( lcs ) ; simulation and training services ; and unmanned systems and technologies . in addition , rms supports the needs of government customers in cybersecurity and delivers communication and command and control capabilities through complex mission solutions for defense applications . rms 2019 major programs include black hawk and seahawk helicopters , aegis combat system ( aegis ) , lcs , space fence , advanced hawkeye radar system , tpq-53 radar system , ch-53k development helicopter , and vh-92a helicopter program . rms 2019 operating results included the following ( in millions ) : .
||2016|2015|2014|
|net sales|$ 13462|$ 9091|$ 8732|
|operating profit|906|844|936|
|operating margin|6.7% ( 6.7 % )|9.3% ( 9.3 % )|10.7% ( 10.7 % )|
|backlog atyear-end|$ 28400|$ 30100|$ 13300|
2016 compared to 2015 rms 2019 net sales in 2016 increased $ 4.4 billion , or 48% ( 48 % ) , compared to 2015 . the increase was primarily attributable to higher net sales of approximately $ 4.6 billion from sikorsky , which was acquired on november 6 , 2015 . net sales for 2015 include sikorsky 2019s results subsequent to the acquisition date , net of certain revenue adjustments required to account for the acquisition of this business . this increase was partially offset by lower net sales of approximately $ 70 million for training .
Question: what were average net sales for rms in millions between 2014 and 2016?
Answer:
|
10428.33333
|
what were average net sales for rms in millions between 2014 and 2016?
|
{
"options": {
"A": "8732",
"B": "9091",
"C": "10428.33333",
"D": "13462"
},
"goldenKey": "C"
}
|
{
"A": "8732",
"B": "9091",
"C": "10428.33333",
"D": "13462"
}
|
C
|
finqa945
|
Please answer the given financial question based on the context.
Context: item 1a . risk factors in addition to the other information provided in this report , the following risk factors should be considered when evaluating an investment in our securities . if the circumstances contemplated by the individual risk factors materialize , our business , financial condition and results of operations could be materially and adversely affected and the trading price of our common shares could decline significantly . risks relating to our business fluctuations in the financial markets could result in investment losses . prolonged and severe disruptions in the overall public debt and equity markets , such as occurred during 2008 , could result in significant realized and unrealized losses in our investment portfolio . although financial markets have significantly improved since 2008 , they could deteriorate in the future . there could also be disruption in individual market sectors , such as occurred in the energy sector in recent years . such declines in the financial markets could result in significant realized and unrealized losses on investments and could have a material adverse impact on our results of operations , equity , business and insurer financial strength and debt ratings . our results could be adversely affected by catastrophic events . we are exposed to unpredictable catastrophic events , including weather-related and other natural catastrophes , as well as acts of terrorism . any material reduction in our operating results caused by the occurrence of one or more catastrophes could inhibit our ability to pay dividends or to meet our interest and principal payment obligations . by way of illustration , during the past five calendar years , pre-tax catastrophe losses , net of reinsurance , were as follows: .
|calendar year:|pre-tax catastrophe losses|
|( dollars in millions )||
|2017|$ 1472.6|
|2016|301.2|
|2015|53.8|
|2014|56.3|
|2013|194.0|
our losses from future catastrophic events could exceed our projections . we use projections of possible losses from future catastrophic events of varying types and magnitudes as a strategic underwriting tool . we use these loss projections to estimate our potential catastrophe losses in certain geographic areas and decide on the placement of retrocessional coverage or other actions to limit the extent of potential losses in a given geographic area . these loss projections are approximations , reliant on a mix of quantitative and qualitative processes , and actual losses may exceed the projections by a material amount , resulting in a material adverse effect on our financial condition and results of operations. .
Question: what are the total pre-tax catastrophe losses for the company in the last three years?\\n
Answer:
|
1827.6
|
what are the total pre-tax catastrophe losses for the company in the last three years?\\n
|
{
"options": {
"A": "1472.6",
"B": "301.2",
"C": "53.8",
"D": "1827.6"
},
"goldenKey": "D"
}
|
{
"A": "1472.6",
"B": "301.2",
"C": "53.8",
"D": "1827.6"
}
|
D
|
finqa946
|
Please answer the given financial question based on the context.
Context: apple inc . | 2018 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 29 , 2018 . 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 27 , 2013 . note that historic stock price performance is not necessarily indicative of future stock price performance . * $ 100 invested on september 27 , 2013 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 2018 standard & poor 2019s , a division of s&p global . all rights reserved . copyright a9 2018 s&p dow jones indices llc , a division of s&p global . all rights reserved . september september september september september september .
||september2013|september2014|september2015|september2016|september2017|september2018|
|apple inc .|$ 100|$ 149|$ 173|$ 174|$ 242|$ 359|
|s&p 500 index|$ 100|$ 120|$ 119|$ 137|$ 163|$ 192|
|s&p information technology index|$ 100|$ 129|$ 132|$ 162|$ 209|$ 275|
|dow jones u.s . technology supersector index|$ 100|$ 130|$ 130|$ 159|$ 203|$ 266|
.
Question: what was the percentage cumulative total return for apple inc . for the five year period ended september 2018?
Answer:
|
2.59
|
what was the percentage cumulative total return for apple inc . for the five year period ended september 2018?
|
{
"options": {
"A": "1.49%",
"B": "2.59%",
"C": "3.59%",
"D": "4.59%"
},
"goldenKey": "B"
}
|
{
"A": "1.49%",
"B": "2.59%",
"C": "3.59%",
"D": "4.59%"
}
|
B
|
finqa947
|
Please answer the given financial question based on the context.
Context: management 2019s discussion and analysis of financial condition and results of operations in 2008 , sales to the segment 2019s top five customers represented approximately 45% ( 45 % ) of the segment 2019s net sales . the segment 2019s backlog was $ 2.3 billion at december 31 , 2008 , compared to $ 2.6 billion at december 31 , 2007 . in 2008 , our digital video customers significantly increased their purchases of the segment 2019s products and services , primarily due to increased demand for digital entertainment devices , particularly ip and hd/dvr devices . in february 2008 , the segment acquired the assets related to digital cable set-top products of zhejiang dahua digital technology co. , ltd and hangzhou image silicon ( known collectively as dahua digital ) , a developer , manufacturer and marketer of cable set-tops and related low-cost integrated circuits for the emerging chinese cable business . the acquisition helped the segment strengthen its position in the rapidly growing cable market in china . enterprise mobility solutions segment the enterprise mobility solutions segment designs , manufactures , sells , installs and services analog and digital two-way radios , wireless lan and security products , voice and data communications products and systems for private networks , wireless broadband systems and end-to-end enterprise mobility solutions to a wide range of customers , including government and public safety agencies ( which , together with all sales to distributors of two-way communication products , are referred to as the 2018 2018government and public safety market 2019 2019 ) , as well as retail , energy and utilities , transportation , manufacturing , healthcare and other commercial customers ( which , collectively , are referred to as the 2018 2018commercial enterprise market 2019 2019 ) . in 2009 , the segment 2019s net sales represented 32% ( 32 % ) of the company 2019s consolidated net sales , compared to 27% ( 27 % ) in 2008 and 21% ( 21 % ) in 2007 . years ended december 31 percent change ( dollars in millions ) 2009 2008 2007 2009 20142008 2008 20142007 .
|( dollars in millions )|years ended december 31 2009|years ended december 31 2008|years ended december 31 2007|years ended december 31 2009 20142008|2008 20142007|
|segment net sales|$ 7008|$ 8093|$ 7729|( 13 ) % ( % )|5% ( 5 % )|
|operating earnings|1057|1496|1213|( 29 ) % ( % )|23% ( 23 % )|
segment results 20142009 compared to 2008 in 2009 , the segment 2019s net sales were $ 7.0 billion , a decrease of 13% ( 13 % ) compared to net sales of $ 8.1 billion in 2008 . the 13% ( 13 % ) decrease in net sales reflects a 21% ( 21 % ) decrease in net sales to the commercial enterprise market and a 10% ( 10 % ) decrease in net sales to the government and public safety market . the decrease in net sales to the commercial enterprise market reflects decreased net sales in all regions . the decrease in net sales to the government and public safety market was primarily driven by decreased net sales in emea , north america and latin america , partially offset by higher net sales in asia . the segment 2019s overall net sales were lower in north america , emea and latin america and higher in asia the segment had operating earnings of $ 1.1 billion in 2009 , a decrease of 29% ( 29 % ) compared to operating earnings of $ 1.5 billion in 2008 . the decrease in operating earnings was primarily due to a decrease in gross margin , driven by the 13% ( 13 % ) decrease in net sales and an unfavorable product mix . also contributing to the decrease in operating earnings was an increase in reorganization of business charges , relating primarily to higher employee severance costs . these factors were partially offset by decreased sg&a expenses and r&d expenditures , primarily related to savings from cost-reduction initiatives . as a percentage of net sales in 2009 as compared 2008 , gross margin decreased and r&d expenditures and sg&a expenses increased . net sales in north america continued to comprise a significant portion of the segment 2019s business , accounting for approximately 58% ( 58 % ) of the segment 2019s net sales in 2009 , compared to approximately 57% ( 57 % ) in 2008 . the regional shift in 2009 as compared to 2008 reflects a 16% ( 16 % ) decline in net sales outside of north america and a 12% ( 12 % ) decline in net sales in north america . the segment 2019s backlog was $ 2.4 billion at both december 31 , 2009 and december 31 , 2008 . in our government and public safety market , we see a continued emphasis on mission-critical communication and homeland security solutions . in 2009 , we led market innovation through the continued success of our mototrbo line and the delivery of the apx fffd family of products . while spending by end customers in the segment 2019s government and public safety market is affected by government budgets at the national , state and local levels , we continue to see demand for large-scale mission critical communications systems . in 2009 , we had significant wins across the globe , including several city and statewide communications systems in the united states , and continued success winning competitive projects with our tetra systems in europe , the middle east .
Question: in 2007 what was the company 2019s consolidated net sales in millions
Answer:
|
36804.7619
|
in 2007 what was the company 2019s consolidated net sales in millions
|
{
"options": {
"A": "7729",
"B": "8093",
"C": "7008",
"D": "36804.7619"
},
"goldenKey": "D"
}
|
{
"A": "7729",
"B": "8093",
"C": "7008",
"D": "36804.7619"
}
|
D
|
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