text
stringlengths 833
15.3k
| output
stringlengths 2
16
| instruction
stringclasses 1
value |
|---|---|---|
royal caribbean cruises ltd . notes to the consolidated financial statements 2014 ( continued ) note 9 . stock-based employee compensation we have four stock-based compensation plans , which provide for awards to our officers , directors and key employees . the plans consist of a 1990 employee stock option plan , a 1995 incentive stock option plan , a 2000 stock award plan , and a 2008 equity plan . the 1990 stock option plan and the 1995 incentive stock option plan terminated by their terms in march 2000 and february 2005 , respectively . the 2000 stock award plan , as amended , and the 2008 equity plan provide for the issuance of ( i ) incentive and non-qualified stock options , ( ii ) stock appreciation rights , ( iii ) restricted stock , ( iv ) restricted stock units and ( v ) up to 13000000 performance shares of our common stock for the 2000 stock award plan and up to 5000000 performance shares of our common stock for the 2008 equity plan . during any calendar year , no one individual shall be granted awards of more than 500000 shares . options and restricted stock units outstanding as of december 31 , 2009 vest in equal installments over four to five years from the date of grant . generally , options and restricted stock units are forfeited if the recipient ceases to be a director or employee before the shares vest . options are granted at a price not less than the fair value of the shares on the date of grant and expire not later than ten years after the date of grant . we also provide an employee stock purchase plan to facilitate the purchase by employees of up to 800000 shares of common stock in the aggregate . offerings to employees are made on a quarterly basis . subject to certain limitations , the purchase price for each share of common stock is equal to 90% ( 90 % ) of the average of the market prices of the common stock as reported on the new york stock exchange on the first business day of the purchase period and the last business day of each month of the purchase period . shares of common stock of 65005 , 36836 and 20759 were issued under the espp at a weighted-average price of $ 12.78 , $ 20.97 and $ 37.25 during 2009 , 2008 and 2007 , respectively . under the chief executive officer 2019s employment agreement we contributed 10086 shares of our common stock quarterly , to a maximum of 806880 shares , to a trust on his behalf . in january 2009 , the employment agreement and related trust agreement were amended . consequently , 768018 shares were distributed from the trust and future quarterly share distributions are issued directly to the chief executive officer . total compensation expenses recognized for employee stock-based compensation for the year ended december 31 , 2009 was $ 16.8 million . of this amount , $ 16.2 million was included within marketing , selling and administrative expenses and $ 0.6 million was included within payroll and related expenses . total compensation expense recognized for employee stock-based compensation for the year ended december 31 , 2008 was $ 5.7 million . of this amount , $ 6.4 million , which included a benefit of approximately $ 8.2 million due to a change in the employee forfeiture rate assumption was included within marketing , selling and administrative expenses and income of $ 0.7 million was included within payroll and related expenses which also included a benefit of approximately $ 1.0 million due to the change in the forfeiture rate . total compensation expenses recognized for employee stock-based compensation for the year ended december 31 , 2007 was $ 19.0 million . of this amount , $ 16.3 million was included within marketing , selling and administrative expenses and $ 2.7 million was included within payroll and related expenses . the fair value of each stock option grant is estimated on the date of grant using the black-scholes option pricing model . the estimated fair value of stock options , less estimated forfeitures , is amortized over the vesting period using the graded-vesting method . the assumptions used in the black-scholes option-pricing model are as follows : expected volatility was based on a combination of historical and implied volatilities . the risk-free interest rate is based on united states treasury zero coupon issues with a remaining term equal to the expected option life assumed at the date of grant . the expected term was calculated based on historical experience and represents the time period options actually remain outstanding . we estimate forfeitures based on historical pre-vesting forfeiture rates and revise those estimates as appropriate to reflect actual experience . in 2008 , we increased our estimated forfeiture rate from 4% ( 4 % ) for options and 8.5% ( 8.5 % ) for restricted stock units to 20% ( 20 % ) to reflect changes in employee retention rates. . <table class='wikitable'><tr><td>1</td><td>-</td><td>2009</td><td>2008</td><td>2007</td></tr><tr><td>2</td><td>dividend yield</td><td>0.0% ( 0.0 % )</td><td>1.9% ( 1.9 % )</td><td>1.3% ( 1.3 % )</td></tr><tr><td>3</td><td>expected stock price volatility</td><td>55.0% ( 55.0 % )</td><td>31.4% ( 31.4 % )</td><td>28.0% ( 28.0 % )</td></tr><tr><td>4</td><td>risk-free interest rate</td><td>1.8% ( 1.8 % )</td><td>2.8% ( 2.8 % )</td><td>4.8% ( 4.8 % )</td></tr><tr><td>5</td><td>expected option life</td><td>5 years</td><td>5 years</td><td>5 years</td></tr></table> .
Question: what was the common stock issued during 2009?
Answer: 65005.0
Question: and the amount issued in 2008?
Answer: 36836.0
Question: so what was the difference between these two years?
| 28169.0 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
Organize your response with headings for the answer and reasons. |
table of contents other equity method investments infraservs . we hold indirect ownership interests in several german infraserv groups that own and develop industrial parks and provide on-site general and administrative support to tenants . our ownership interest in the equity investments in infraserv affiliates are as follows : as of december 31 , 2017 ( in percentages ) infraserv gmbh & co . gendorf kg ( 1 ) ................................................................................................... . 39 . <table class='wikitable'><tr><td>1</td><td>-</td><td>as of december 31 2017 ( in percentages )</td></tr><tr><td>2</td><td>infraserv gmbh & co . gendorf kg ( 1 )</td><td>39</td></tr><tr><td>3</td><td>infraserv gmbh & co . hoechst kg</td><td>32</td></tr><tr><td>4</td><td>infraserv gmbh & co . knapsack kg ( 1 )</td><td>27</td></tr></table> infraserv gmbh & co . knapsack kg ( 1 ) ................................................................................................ . 27 ______________________________ ( 1 ) see note 29 - subsequent events in the accompanying consolidated financial statements for further information . research and development our business models leverage innovation and conduct research and development activities to develop new , and optimize existing , production technologies , as well as to develop commercially viable new products and applications . research and development expense was $ 72 million , $ 78 million and $ 119 million for the years ended december 31 , 2017 , 2016 and 2015 , respectively . we consider the amounts spent during each of the last three fiscal years on research and development activities to be sufficient to execute our current strategic initiatives . intellectual property we attach importance to protecting our intellectual property , including safeguarding our confidential information and through our patents , trademarks and copyrights , in order to preserve our investment in research and development , manufacturing and marketing . patents may cover processes , equipment , products , intermediate products and product uses . we also seek to register trademarks as a means of protecting the brand names of our company and products . patents . in most industrial countries , patent protection exists for new substances and formulations , as well as for certain unique applications and production processes . however , we do business in regions of the world where intellectual property protection may be limited and difficult to enforce . confidential information . we maintain stringent information security policies and procedures wherever we do business . such information security policies and procedures include data encryption , controls over the disclosure and safekeeping of confidential information and trade secrets , as well as employee awareness training . trademarks . amcel ae , aoplus ae , ateva ae , avicor ae , celanese ae , celanex ae , celcon ae , celfx ae , celstran ae , celvolit ae , clarifoil ae , dur- o-set ae , ecomid ae , ecovae ae , forflex ae , forprene ae , frianyl ae , fortron ae , ghr ae , gumfit ae , gur ae , hostaform ae , laprene ae , metalx ae , mowilith ae , mt ae , nilamid ae , nivionplast ae , nutrinova ae , nylfor ae , pibiflex ae , pibifor ae , pibiter ae , polifor ae , resyn ae , riteflex ae , slidex ae , sofprene ae , sofpur ae , sunett ae , talcoprene ae , tecnoprene ae , thermx ae , tufcor ae , vantage ae , vectra ae , vinac ae , vinamul ae , vitaldose ae , zenite ae and certain other branded products and services named in this document are registered or reserved trademarks or service marks owned or licensed by celanese . the foregoing is not intended to be an exhaustive or comprehensive list of all registered or reserved trademarks and service marks owned or licensed by celanese . fortron ae is a registered trademark of fortron industries llc . hostaform ae is a registered trademark of hoechst gmbh . mowilith ae and nilamid ae are registered trademarks of celanese in most european countries . we monitor competitive developments and defend against infringements on our intellectual property rights . neither celanese nor any particular business segment is materially dependent upon any one patent , trademark , copyright or trade secret . environmental and other regulation matters pertaining to environmental and other regulations are discussed in item 1a . risk factors , as well as note 2 - summary of accounting policies , note 16 - environmental and note 24 - commitments and contingencies in the accompanying consolidated financial statements. .
Question: what was the research and development expense in 2017?
Answer: 72.0
Question: and what was it in 2016?
Answer: 78.0
Question: what was, then, the variation over the year?
Answer: -6.0
Question: and what is this variation as a percent of the 2016 expense?
| -0.07692 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
Organize your response with headings for the answer and reasons. |
the changes in the gross amount of unrecognized tax benefits for the year ended december 29 , 2007 are as follows: . <table class='wikitable'><tr><td>1</td><td>-</td><td>( in thousands )</td></tr><tr><td>2</td><td>balance as of december 31 2006</td><td>$ 337226</td></tr><tr><td>3</td><td>gross amount of the decreases in unrecognized tax benefits of tax positions taken during a prior year</td><td>-31608 ( 31608 )</td></tr><tr><td>4</td><td>gross amount of the increases in unrecognized tax benefits as a result of tax positions taken during the current year</td><td>7764</td></tr><tr><td>5</td><td>amount of decreases in unrecognized tax benefits relating to settlements with taxing authorities</td><td>-6001 ( 6001 )</td></tr><tr><td>6</td><td>reductions to unrecognized tax benefits resulting from the lapse of the applicable statute of limitations</td><td>-511 ( 511 )</td></tr><tr><td>7</td><td>balance as of december 29 2007</td><td>$ 306870</td></tr></table> as of december 29 , 2007 , $ 228.4 million of unrecognized tax benefits would , if recognized , reduce the effective tax rate , as compared to $ 232.1 million as of december 31 , 2006 , the first day of cadence 2019s fiscal year . the total amounts of interest and penalties recognized in the consolidated income statement for the year ended december 29 , 2007 resulted in net tax benefits of $ 11.1 million and $ 0.4 million , respectively , primarily due to the effective settlement of tax audits during the year . the total amounts of gross accrued interest and penalties recognized in the consolidated balance sheets as of december 29 , 2007 , were $ 47.9 million and $ 9.7 million , respectively as compared to $ 65.8 million and $ 10.1 million , respectively as of december 31 , 2006 . note 9 . acquisitions for each of the acquisitions described below , the results of operations and the estimated fair value of the assets acquired and liabilities assumed have been included in cadence 2019s consolidated financial statements from the date of the acquisition . comparative pro forma financial information for all 2007 , 2006 and 2005 acquisitions have not been presented because the results of operations were not material to cadence 2019s consolidated financial statements . 2007 acquisitions during 2007 , cadence acquired invarium , inc. , a san jose-based developer of advanced lithography-modeling and pattern-synthesis technology , and clear shape technologies , inc. , a san jose-based design for manufacturing technology company specializing in design-side solutions to minimize yield loss for advanced semiconductor integrated circuits . cadence acquired these two companies for an aggregate purchase price of $ 75.5 million , which included the payment of cash , the fair value of assumed options and acquisition costs . the $ 45.7 million of goodwill recorded in connection with these acquisitions is not expected to be deductible for income tax purposes . prior to acquiring clear shape technologies , inc. , cadence had an investment of $ 2.0 million in the company , representing a 12% ( 12 % ) ownership interest , which had been accounted for under the cost method of accounting . in accordance with sfas no . 141 , 201cbusiness combinations , 201d cadence accounted for this acquisition as a step acquisition . subsequent adjustments to the purchase price of these acquired companies are included in the 201cother 201d line of the changes of goodwill table in note 10 below . 2006 acquisition in march 2006 , cadence acquired a company for an aggregate initial purchase price of $ 25.8 million , which included the payment of cash , the fair value of assumed options and acquisition costs . the preliminary allocation of the purchase price was recorded as $ 17.4 million of goodwill , $ 9.4 million of identifiable intangible assets and $ ( 1.0 ) million of net liabilities . the $ 17.4 million of goodwill recorded in connection with this acquisition is not expected to be deductible for income tax purposes . subsequent adjustments to the purchase price of this acquired company are included in the 201cother 201d line of the changes of goodwill table in note 10 below. .
Question: what was the change in the gross accrued interest from 2006 to 2007?
Answer: -17.9
Question: and how much does this change represent in relation to the gross accrued interest in 2006, in percentage?
| -0.27204 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
Organize your response with headings for the answer and reasons. |
shareholder return performance presentation the graph presented below compares the cumulative total shareholder return on state street's common stock to the cumulative total return of the s&p 500 index , the s&p financial index and the kbw bank index over a five- year period . the cumulative total shareholder return assumes the investment of $ 100 in state street common stock and in each index on december 31 , 2008 at the closing price on the last trading day of 2008 , and also assumes reinvestment of common stock dividends . the s&p financial index is a publicly available measure of 81 of the standard & poor's 500 companies , representing 17 diversified financial services companies , 22 insurance companies , 19 real estate companies and 23 banking companies . 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. . <table class='wikitable'><tr><td>1</td><td>-</td><td>2008</td><td>2009</td><td>2010</td><td>2011</td><td>2012</td><td>2013</td></tr><tr><td>2</td><td>state street corporation</td><td>$ 100</td><td>$ 111</td><td>$ 118</td><td>$ 105</td><td>$ 125</td><td>$ 198</td></tr><tr><td>3</td><td>s&p 500 index</td><td>100</td><td>126</td><td>146</td><td>149</td><td>172</td><td>228</td></tr><tr><td>4</td><td>s&p financial index</td><td>100</td><td>117</td><td>132</td><td>109</td><td>141</td><td>191</td></tr><tr><td>5</td><td>kbw bank index</td><td>100</td><td>98</td><td>121</td><td>93</td><td>122</td><td>168</td></tr></table> .
Question: what was the kbw bank index in 2011?
Answer: 93.0
Question: and the starting value in 2008?
Answer: 100.0
Question: so what was the change in price during this time?
| -7.0 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
Organize your response with headings for the answer and reasons. |
federal realty investment trust schedule iii summary of real estate and accumulated depreciation 2014continued three years ended december 31 , 2006 reconciliation of accumulated depreciation and amortization ( in thousands ) . <table class='wikitable'><tr><td>1</td><td>balance december 31 2003</td><td>$ 514177</td></tr><tr><td>2</td><td>additions during period 2014depreciation and amortization expense</td><td>82551</td></tr><tr><td>3</td><td>deductions during period 2014disposition and retirements of property</td><td>-1390 ( 1390 )</td></tr><tr><td>4</td><td>balance december 31 2004</td><td>595338</td></tr><tr><td>5</td><td>additions during period 2014depreciation and amortization expense</td><td>83656</td></tr><tr><td>6</td><td>deductions during period 2014disposition and retirements of property</td><td>-15244 ( 15244 )</td></tr><tr><td>7</td><td>balance december 31 2005</td><td>663750</td></tr><tr><td>8</td><td>additions during period 2014depreciation and amortization expense</td><td>89564</td></tr><tr><td>9</td><td>deductions during period 2014disposition and retirements of property</td><td>-12807 ( 12807 )</td></tr><tr><td>10</td><td>balance december 31 2006</td><td>$ 740507</td></tr></table> .
Question: what were the deductions during 2004?
Answer: 1390.0
Question: what were the deductions during 2005?
Answer: 15244.0
Question: what is the sum of those deductions?
Answer: 16634.0
Question: what were the deductions during 2006?
Answer: 12807.0
Question: what is the total sum of deductions for the 3 years?
| 29441.0 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
Organize your response with headings for the answer and reasons. |
jpmorgan chase & co./2018 form 10-k 41 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 equity benchmark in the united states of america ( 201cu.s . 201d ) , 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 leading national money center and regional banks and thrifts . the s&p financial index is an index of 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 , 2013 , in jpmorgan chase common stock and in each of the above indices . the comparison assumes that all dividends are reinvested . december 31 , ( in dollars ) 2013 2014 2015 2016 2017 2018 . <table class='wikitable'><tr><td>1</td><td>december 31 ( in dollars )</td><td>2013</td><td>2014</td><td>2015</td><td>2016</td><td>2017</td><td>2018</td></tr><tr><td>2</td><td>jpmorgan chase</td><td>$ 100.00</td><td>$ 109.88</td><td>$ 119.07</td><td>$ 160.23</td><td>$ 203.07</td><td>$ 189.57</td></tr><tr><td>3</td><td>kbw bank index</td><td>100.00</td><td>109.36</td><td>109.90</td><td>141.23</td><td>167.49</td><td>137.82</td></tr><tr><td>4</td><td>s&p financial index</td><td>100.00</td><td>115.18</td><td>113.38</td><td>139.17</td><td>169.98</td><td>147.82</td></tr><tr><td>5</td><td>s&p 500 index</td><td>100.00</td><td>113.68</td><td>115.24</td><td>129.02</td><td>157.17</td><td>150.27</td></tr></table> december 31 , ( in dollars ) .
Question: what was the proportion of the price of jpmorgan chase in 2018 to 2017?
Answer: 0.93352
Question: and subtracted from 1?
Answer: 0.06648
Question: and the proportion of the s&p 500 index price in 2018 to 2017?
| 0.9561 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
Organize your response with headings for the answer and reasons. |
we cannot assure you that the gener restructuring will be completed or that the terms thereof will not be changed materially . in addition , gener is in the process of restructuring the debt of its subsidiaries , termoandes s.a . ( 2018 2018termoandes 2019 2019 ) and interandes , s.a . ( 2018 2018interandes 2019 2019 ) , and expects that the maturities of these obligations will be extended . under-performing businesses during 2003 we sold or discontinued under-performing businesses and construction projects that did not meet our investment criteria or did not provide reasonable opportunities to restructure . it is anticipated that there will be less ongoing activity related to write-offs of development or construction projects and impairment charges in the future . the businesses , which were affected in 2003 , are listed below . impairment project name project type date location ( in millions ) . <table class='wikitable'><tr><td>1</td><td>project name</td><td>project type</td><td>date</td><td>location</td><td>impairment ( in millions )</td></tr><tr><td>2</td><td>ede este ( 1 )</td><td>operating</td><td>december 2003</td><td>dominican republic</td><td>$ 60</td></tr><tr><td>3</td><td>wolf hollow</td><td>operating</td><td>december 2003</td><td>united states</td><td>$ 120</td></tr><tr><td>4</td><td>granite ridge</td><td>operating</td><td>december 2003</td><td>united states</td><td>$ 201</td></tr><tr><td>5</td><td>colombia i</td><td>operating</td><td>november 2003</td><td>colombia</td><td>$ 19</td></tr><tr><td>6</td><td>zeg</td><td>construction</td><td>december 2003</td><td>poland</td><td>$ 23</td></tr><tr><td>7</td><td>bujagali</td><td>construction</td><td>august 2003</td><td>uganda</td><td>$ 76</td></tr><tr><td>8</td><td>el faro</td><td>construction</td><td>april 2003</td><td>honduras</td><td>$ 20</td></tr></table> ( 1 ) see note 4 2014discontinued operations . improving credit quality our de-leveraging efforts reduced parent level debt by $ 1.2 billion in 2003 ( including the secured equity-linked loan previously issued by aes new york funding l.l.c. ) . we refinanced and paid down near-term maturities by $ 3.5 billion and enhanced our year-end liquidity to over $ 1 billion . our average debt maturity was extended from 2009 to 2012 . at the subsidiary level we continue to pursue limited recourse financing to reduce parent credit risk . these factors resulted in an overall reduced cost of capital , improved credit statistics and expanded access to credit at both aes and our subsidiaries . liquidity at the aes parent level is an important factor for the rating agencies in determining whether the company 2019s credit quality should improve . currency and political risk tend to be biggest variables to sustaining predictable cash flow . the nature of our large contractual and concession-based cash flow from these businesses serves to mitigate these variables . in 2003 , over 81% ( 81 % ) of cash distributions to the parent company were from u.s . large utilities and worldwide contract generation . on february 4 , 2004 , we called for redemption of $ 155049000 aggregate principal amount of outstanding 8% ( 8 % ) senior notes due 2008 , which represents the entire outstanding principal amount of the 8% ( 8 % ) senior notes due 2008 , and $ 34174000 aggregate principal amount of outstanding 10% ( 10 % ) secured senior notes due 2005 . the 8% ( 8 % ) senior notes due 2008 and the 10% ( 10 % ) secured senior notes due 2005 were redeemed on march 8 , 2004 at a redemption price equal to 100% ( 100 % ) of the principal amount plus accrued and unpaid interest to the redemption date . the mandatory redemption of the 10% ( 10 % ) secured senior notes due 2005 was being made with a portion of our 2018 2018adjusted free cash flow 2019 2019 ( as defined in the indenture pursuant to which the notes were issued ) for the fiscal year ended december 31 , 2003 as required by the indenture and was made on a pro rata basis . on february 13 , 2004 we issued $ 500 million of unsecured senior notes . the unsecured senior notes mature on march 1 , 2014 and are callable at our option at any time at a redemption price equal to 100% ( 100 % ) of the principal amount of the unsecured senior notes plus a make-whole premium . the unsecured senior notes were issued at a price of 98.288% ( 98.288 % ) and pay interest semi-annually at an annual .
Question: what is the sum of impairment projects in the construction of zeg and bujagali?
Answer: 99.0
Question: what is the sum including el faro?
| 119.0 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
Organize your response with headings for the answer and reasons. |
depending upon our senior unsecured debt ratings . the facilities require the maintenance of a minimum net worth and a debt to net worth coverage ratio . at december 31 , 2006 , we were in compliance with these covenants . the facilities do not include any other financial restrictions , credit rating triggers ( other than rating-dependent pricing ) , or any other provision that could require the posting of collateral . in addition to our revolving credit facilities , we had $ 150 million in uncommitted lines of credit available , including $ 75 million that expires in march 2007 and $ 75 million expiring in may 2007 . neither of these lines of credit were used as of december 31 , 2006 . we must have equivalent credit available under our five-year facilities to draw on these $ 75 million lines . dividend restrictions 2013 we are subject to certain restrictions related to the payment of cash dividends to our shareholders due to minimum net worth requirements under the credit facilities referred to above . the amount of retained earnings available for dividends was $ 7.8 billion and $ 6.2 billion at december 31 , 2006 and 2005 , respectively . we do not expect that these restrictions will have a material adverse effect on our consolidated financial condition , results of operations , or liquidity . we declared dividends of $ 323 million in 2006 and $ 316 million in 2005 . shelf registration statement 2013 under a current shelf registration statement , we may issue any combination of debt securities , preferred stock , common stock , or warrants for debt securities or preferred stock in one or more offerings . at december 31 , 2006 , we had $ 500 million remaining for issuance under the current shelf registration statement . we have no immediate plans to issue any securities ; however , we routinely consider and evaluate opportunities to replace existing debt or access capital through issuances of debt securities under this shelf registration , and , therefore , we may issue debt securities at any time . 6 . leases we lease certain locomotives , freight cars , and other property . 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 , 2006 were as follows : millions of dollars operating leases capital leases . <table class='wikitable'><tr><td>1</td><td>millions of dollars</td><td>operatingleases</td><td>capital leases</td></tr><tr><td>2</td><td>2007</td><td>$ 624</td><td>$ 180</td></tr><tr><td>3</td><td>2008</td><td>546</td><td>173</td></tr><tr><td>4</td><td>2009</td><td>498</td><td>168</td></tr><tr><td>5</td><td>2010</td><td>456</td><td>148</td></tr><tr><td>6</td><td>2011</td><td>419</td><td>157</td></tr><tr><td>7</td><td>later years</td><td>2914</td><td>1090</td></tr><tr><td>8</td><td>total minimum lease payments</td><td>$ 5457</td><td>$ 1916</td></tr><tr><td>9</td><td>amount representing interest</td><td>n/a</td><td>-680 ( 680 )</td></tr><tr><td>10</td><td>present value of minimum lease payments</td><td>n/a</td><td>$ 1236</td></tr></table> rent expense for operating leases with terms exceeding one month was $ 798 million in 2006 , $ 728 million in 2005 , and $ 651 million in 2004 . when cash rental payments are not made on a straight-line basis , we recognize variable rental expense on a straight-line basis over the lease term . contingent rentals and sub-rentals are not significant. .
Question: what is the total minimum payments for operating leases in 2006?
| 5457.0 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
Organize your response with headings for the answer and reasons. |
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 . <table class='wikitable'><tr><td>1</td><td>( in millions )</td><td>year ended september 30 , 2019</td><td>year ended september 30 , 2018</td></tr><tr><td>2</td><td>net cash provided by operating activities</td><td>$ 2310.2</td><td>$ 1931.2</td></tr><tr><td>3</td><td>net cash used for investing activities</td><td>$ -4579.6 ( 4579.6 )</td><td>$ -815.1 ( 815.1 )</td></tr><tr><td>4</td><td>net cash provided by ( used for ) financing activities</td><td>$ 1780.2</td><td>$ -755.1 ( 755.1 )</td></tr></table> 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: what is the net cash flow from operating and investing activities in 2019?
| -2269.4 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
Organize your response with headings for the answer and reasons. |
31mar201122064257 positions which were required to be capitalized . there are no positions which we anticipate could change materially within the next twelve months . liquidity and capital resources . <table class='wikitable'><tr><td>1</td><td>( dollars in thousands )</td><td>fiscal years ended october 1 2010</td><td>fiscal years ended october 2 2009</td><td>fiscal years ended october 3 2008</td></tr><tr><td>2</td><td>cash and cash equivalents at beginning of period</td><td>$ 364221</td><td>$ 225104</td><td>$ 241577</td></tr><tr><td>3</td><td>net cash provided by operating activities</td><td>222962</td><td>218805</td><td>182673</td></tr><tr><td>4</td><td>net cash used in investing activities</td><td>-95329 ( 95329 )</td><td>-49528 ( 49528 )</td><td>-94959 ( 94959 )</td></tr><tr><td>5</td><td>net cash used in financing activities</td><td>-38597 ( 38597 )</td><td>-30160 ( 30160 )</td><td>-104187 ( 104187 )</td></tr><tr><td>6</td><td>cash and cash equivalents at end of period ( 1 )</td><td>$ 453257</td><td>$ 364221</td><td>$ 225104</td></tr></table> ( 1 ) does not include restricted cash balances cash flow from operating activities : cash provided from operating activities is net income adjusted for certain non-cash items and changes in certain assets and liabilities . for fiscal year 2010 we generated $ 223.0 million in cash flow from operations , an increase of $ 4.2 million when compared to the $ 218.8 million generated in fiscal year 2009 . during fiscal year 2010 , net income increased by $ 42.3 million to $ 137.3 million when compared to fiscal year 2009 . despite the increase in net income , net cash provided by operating activities remained relatively consistent . this was primarily due to : 2022 fiscal year 2010 net income included a deferred tax expense of $ 38.5 million compared to a $ 24.9 million deferred tax benefit included in 2009 net income due to the release of the tax valuation allowance in fiscal year 2009 . 2022 during fiscal year 2010 , the company invested in working capital as result of higher business activity . compared to fiscal year 2009 , accounts receivable , inventory and accounts payable increased by $ 60.9 million , $ 38.8 million and $ 42.9 million , respectively . cash flow from investing activities : cash flow from investing activities consists primarily of capital expenditures and acquisitions . we had net cash outflows of $ 95.3 million in fiscal year 2010 , compared to $ 49.5 million in fiscal year 2009 . the increase is primarily due to an increase of $ 49.8 million in capital expenditures . we anticipate our capital spending to be consistent in fiscal year 2011 to maintain our projected growth rate . cash flow from financing activities : cash flows from financing activities consist primarily of cash transactions related to debt and equity . during fiscal year 2010 , we had net cash outflows of $ 38.6 million , compared to $ 30.2 million in fiscal year 2009 . during the year we had the following significant transactions : 2022 we retired $ 53.0 million in aggregate principal amount ( carrying value of $ 51.1 million ) of 2007 convertible notes for $ 80.7 million , which included a $ 29.6 million premium paid for the equity component of the instrument . 2022 we received net proceeds from employee stock option exercises of $ 40.5 million in fiscal year 2010 , compared to $ 38.7 million in fiscal year 2009 . skyworks / 2010 annual report 103 .
Question: what is the balance of cash and cash equivalents at the end of 2010?
Answer: 453257.0
Question: what about end of 2009?
| 364221.0 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
Organize your response with headings for the answer and reasons. |
common stock from time to time through open market purchases or privately negotiated transactions at prevailing prices as permitted by securities laws and other legal requirements , and subject to stock price , business and market conditions and other factors . we have been funding and expect to continue to fund stock repurchases through a combination of cash on hand and cash generated by operations . in the future , we may also choose to fund our stock repurchase program under our revolving credit facility or future financing transactions . there were no repurchases of our series a and b common stock during the three months ended december 31 , 2013 . the company first announced its stock repurchase program on august 3 , 2010 . 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. , time warner , inc. , 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 , 2008 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 , 2009 , 2010 , 2011 , 2012 and 2013 . december 31 , december 31 , december 31 , december 31 , december 31 , december 31 . <table class='wikitable'><tr><td>1</td><td>-</td><td>december 312008</td><td>december 312009</td><td>december 312010</td><td>december 312011</td><td>december 312012</td><td>december 312013</td></tr><tr><td>2</td><td>disca</td><td>$ 100.00</td><td>$ 216.60</td><td>$ 294.49</td><td>$ 289.34</td><td>$ 448.31</td><td>$ 638.56</td></tr><tr><td>3</td><td>discb</td><td>$ 100.00</td><td>$ 207.32</td><td>$ 287.71</td><td>$ 277.03</td><td>$ 416.52</td><td>$ 602.08</td></tr><tr><td>4</td><td>disck</td><td>$ 100.00</td><td>$ 198.06</td><td>$ 274.01</td><td>$ 281.55</td><td>$ 436.89</td><td>$ 626.29</td></tr><tr><td>5</td><td>s&p 500</td><td>$ 100.00</td><td>$ 123.45</td><td>$ 139.23</td><td>$ 139.23</td><td>$ 157.90</td><td>$ 204.63</td></tr><tr><td>6</td><td>peer group</td><td>$ 100.00</td><td>$ 151.63</td><td>$ 181.00</td><td>$ 208.91</td><td>$ 286.74</td><td>$ 454.87</td></tr></table> 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 2014 annual meeting of stockholders under the caption 201csecurities authorized for issuance under equity compensation plans , 201d which is incorporated herein by reference. .
Question: what was the last year for which there was still information about the performance of the s&p 500?
| 2013.0 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
Organize your response with headings for the answer and reasons. |
entergy new orleans , inc . management's financial discussion and analysis ( 1 ) includes approximately $ 30 million annually for maintenance capital , which is planned spending on routine capital projects that are necessary to support reliability of service , equipment or systems and to support normal customer growth . ( 2 ) purchase obligations represent the minimum purchase obligation or cancellation charge for contractual obligations to purchase goods or services . for entergy new orleans , almost all of the total consists of unconditional fuel and purchased power obligations , including its obligations under the unit power sales agreement , which is discussed in note 8 to the financial statements . in addition to the contractual obligations given above , entergy new orleans expects to make payments of approximately $ 113 million for the years 2009-2011 related to hurricane katrina and hurricane gustav restoration work and its gas rebuild project , of which $ 32 million is expected to be incurred in 2009 . also , entergy new orleans expects to contribute $ 1.7 million to its pension plan and $ 5.9 million to its other postretirement plans in 2009 . guidance pursuant to the pension protection act of 2006 rules , effective for the 2008 plan year and beyond , may affect the level of entergy new orleans' pension contributions in the future . also in addition to the contractual obligations , entergy new orleans has $ 26.1 million of unrecognized tax benefits and interest 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 . the planned capital investment estimate for entergy new orleans reflects capital required to support existing business . the estimated capital expenditures are subject to periodic review and modification and may vary based on the ongoing effects of regulatory constraints , environmental compliance , market volatility , economic trends , and the ability to access capital . management provides more information on long-term debt and preferred stock maturities in notes 5 and 6 and to the financial statements . sources of capital entergy new orleans' sources to meet its capital requirements include : internally generated funds ; cash on hand ; and debt and preferred stock issuances . entergy new orleans' receivables from or ( payables to ) the money pool were as follows as of december 31 for each of the following years: . <table class='wikitable'><tr><td>1</td><td>2008</td><td>2007</td><td>2006</td><td>2005</td></tr><tr><td>2</td><td>( in thousands )</td><td>( in thousands )</td><td>( in thousands )</td><td>( in thousands )</td></tr><tr><td>3</td><td>$ 60093</td><td>$ 47705</td><td>( $ 37166 )</td><td>( $ 37166 )</td></tr></table> see note 4 to the financial statements for a description of the money pool . as discussed above in "bankruptcy proceedings" , entergy new orleans issued notes due in three years in satisfaction of its affiliate prepetition accounts payable , including its indebtedness to the entergy system money pool of $ 37.2 million . entergy new orleans has obtained short-term borrowing authorization from the ferc under which it may borrow through march 2010 , up to the aggregate amount , at any one time outstanding , of $ 100 million . see note 4 to the financial statements for further discussion of entergy new orleans' short-term borrowing limits . the long- term securities issuances of entergy new orleans are limited to amounts authorized by the city council , and the current authorization extends through august 2010. .
Question: what is the net change in net receivables from the money pool between from 2007 to 2008?
| 12388.0 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
Organize your response with headings for the answer and reasons. |
other long term debt in december 2012 , the company entered into a $ 50.0 million recourse loan collateralized by the land , buildings and tenant improvements comprising the company 2019s corporate headquarters . the loan has a seven year term and maturity date of december 2019 . the loan bears interest at one month libor plus a margin of 1.50% ( 1.50 % ) , and allows for prepayment without penalty . the loan includes covenants and events of default substantially consistent with the company 2019s credit agreement discussed above . the loan also requires prior approval of the lender for certain matters related to the property , including transfers of any interest in the property . as of december 31 , 2017 and 2016 , the outstanding balance on the loan was $ 40.0 million and $ 42.0 million , respectively . the weighted average interest rate on the loan was 2.5% ( 2.5 % ) and 2.0% ( 2.0 % ) for the years ended december 31 , 2017 and 2016 , respectively . the following are the scheduled maturities of long term debt as of december 31 , 2017 : ( in thousands ) . <table class='wikitable'><tr><td>1</td><td>2018</td><td>$ 27000</td></tr><tr><td>2</td><td>2019</td><td>63000</td></tr><tr><td>3</td><td>2020</td><td>25000</td></tr><tr><td>4</td><td>2021</td><td>86250</td></tr><tr><td>5</td><td>2022</td><td>2014</td></tr><tr><td>6</td><td>2023 and thereafter</td><td>600000</td></tr><tr><td>7</td><td>total scheduled maturities of long term debt</td><td>$ 801250</td></tr><tr><td>8</td><td>current maturities of long term debt</td><td>$ 27000</td></tr></table> interest expense , net was $ 34.5 million , $ 26.4 million , and $ 14.6 million for the years ended december 31 , 2017 , 2016 and 2015 , respectively . interest expense includes the amortization of deferred financing costs , bank fees , capital and built-to-suit lease interest and interest expense under the credit and other long term debt facilities . amortization of deferred financing costs was $ 1.3 million , $ 1.2 million , and $ 0.8 million for the years ended december 31 , 2017 , 2016 and 2015 , respectively . the company monitors the financial health and stability of its lenders under the credit and other long term debt facilities , however during any period of significant instability in the credit markets lenders could be negatively impacted in their ability to perform under these facilities . 7 . commitments and contingencies obligations under operating leases the company leases warehouse space , office facilities , space for its brand and factory house stores and certain equipment under non-cancelable operating leases . the leases expire at various dates through 2033 , excluding extensions at the company 2019s option , and include provisions for rental adjustments . the table below includes executed lease agreements for brand and factory house stores that the company did not yet occupy as of december 31 , 2017 and does not include contingent rent the company may incur at its stores based on future sales above a specified minimum or payments made for maintenance , insurance and real estate taxes . the following is a schedule of future minimum lease payments for non-cancelable real property operating leases as of december 31 , 2017 as well as .
Question: what is the outstanding balance on the loan in 2017?
Answer: 42.0
Question: what about in 2016?
Answer: 40.0
Question: what is the change in the balance of outstanding loans?
Answer: 2.0
Question: what is the outstanding balance on the loan in 2016?
| 40.0 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
Organize your response with headings for the answer and reasons. |
the aeronautics segment generally includes fewer programs that have much larger sales and operating results than programs included in the other segments . due to the large number of comparatively smaller programs in the remaining segments , the discussion of the results of operations of those business segments focuses on lines of business within the segment rather than on specific programs . the following tables of financial information and related discussion of the results of operations of our business segments are consistent with the presentation of segment information in note 5 to the financial statements . we have a number of programs that are classified by the u.s . government and cannot be specifically described . the operating results of these classified programs are included in our consolidated and business segment results , and are subjected to the same oversight and internal controls as our other programs . aeronautics our aeronautics business segment is engaged in the research , design , development , manufacture , integration , sustainment , support , and upgrade of advanced military aircraft , including combat and air mobility aircraft , unmanned air vehicles , and related technologies . key combat aircraft programs include the f-35 lightning ii , f-16 fighting falcon , and f-22 raptor fighter aircraft . key air mobility programs include the c-130j super hercules and the c-5m super galaxy . aeronautics provides logistics support , sustainment , and upgrade modification services for its aircraft . aeronautics 2019 operating results included the following : ( in millions ) 2010 2009 2008 . <table class='wikitable'><tr><td>1</td><td>( in millions )</td><td>2010</td><td>2009</td><td>2008</td></tr><tr><td>2</td><td>net sales</td><td>$ 13235</td><td>$ 12201</td><td>$ 11473</td></tr><tr><td>3</td><td>operating profit</td><td>1502</td><td>1577</td><td>1433</td></tr><tr><td>4</td><td>operating margin</td><td>11.3% ( 11.3 % )</td><td>12.9% ( 12.9 % )</td><td>12.5% ( 12.5 % )</td></tr><tr><td>5</td><td>backlog at year-end</td><td>27500</td><td>26700</td><td>27200</td></tr></table> net sales for aeronautics increased by 8% ( 8 % ) in 2010 compared to 2009 . sales increased in all three lines of business during the year . the $ 800 million increase in air mobility primarily was attributable to higher volume on c-130 programs , including deliveries and support activities , as well as higher volume on the c-5 reliability enhancement and re-engining program ( rerp ) . there were 25 c-130j deliveries in 2010 compared to 16 in 2009 . the $ 179 million increase in combat aircraft principally was due to higher volume on f-35 production contracts , which partially was offset by lower volume on the f-35 sdd contract and a decline in volume on f-16 , f-22 and other combat aircraft programs . there were 20 f-16 deliveries in 2010 compared to 31 in 2009 . the $ 55 million increase in other aeronautics programs mainly was due to higher volume on p-3 and advanced development programs , which partially were offset by a decline in volume on sustainment activities . net sales for aeronautics increased by 6% ( 6 % ) in 2009 compared to 2008 . during the year , sales increased in all three lines of business . the increase of $ 296 million in air mobility 2019s sales primarily was attributable to higher volume on the c-130 programs , including deliveries and support activities . there were 16 c-130j deliveries in 2009 and 12 in 2008 . combat aircraft sales increased $ 316 million principally due to higher volume on the f-35 program and increases in f-16 deliveries , which partially were offset by lower volume on f-22 and other combat aircraft programs . there were 31 f-16 deliveries in 2009 compared to 28 in 2008 . the $ 116 million increase in other aeronautics programs mainly was due to higher volume on p-3 programs and advanced development programs , which partially were offset by declines in sustainment activities . operating profit for the segment decreased by 5% ( 5 % ) in 2010 compared to 2009 . a decline in operating profit in combat aircraft partially was offset by increases in other aeronautics programs and air mobility . the $ 149 million decrease in combat aircraft 2019s operating profit primarily was due to lower volume and a decrease in the level of favorable performance adjustments on the f-22 program , the f-35 sdd contract and f-16 and other combat aircraft programs in 2010 . these decreases more than offset increased operating profit resulting from higher volume and improved performance on f-35 production contracts in 2010 . the $ 35 million increase in other aeronautics programs mainly was attributable to higher volume and improved performance on p-3 and advanced development programs as well as an increase in the level of favorable performance adjustments on sustainment activities in 2010 . the $ 19 million increase in air mobility operating profit primarily was due to higher volume and improved performance in 2010 on c-130j support activities , which more than offset a decrease in operating profit due to a lower level of favorable performance adjustments on c-130j deliveries in 2010 . the remaining change in operating profit is attributable to an increase in other income , net between the comparable periods . aeronautics 2019 2010 operating margins have decreased when compared to 2009 . the operating margin decrease reflects the life cycles of our significant programs . specifically , aeronautics is performing more development and initial production work on the f-35 program and is performing less work on more mature programs such as the f-22 and f-16 . development and initial production contracts yield lower profits than mature full rate programs . accordingly , while net sales increased in 2010 relative to 2009 , operating profit decreased and consequently operating margins have declined. .
Question: what was the total of net sales in 2010?
Answer: 13235.0
Question: and what was the operating profit?
Answer: 1502.0
Question: what were, them, the total operating expenses in that year?
Answer: 11733.0
Question: and concerning that operating profit, what was the change since 2009?
Answer: -75.0
Question: and what is this change as a percent of the 2009 value?
| -0.04756 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
Organize your response with headings for the answer and reasons. |
transfer agent and registrar for common stock the transfer agent and registrar for our common stock is : computershare shareowner services llc 480 washington boulevard 29th floor jersey city , new jersey 07310 telephone : ( 877 ) 363-6398 sales of unregistered securities not applicable . repurchase of equity securities the following table provides information regarding our purchases of our equity securities during the period from october 1 , 2015 to december 31 , 2015 . total number of shares ( or units ) purchased 1 average price paid per share ( or unit ) 2 total number of shares ( or units ) purchased as part of publicly announced plans or programs 3 maximum number ( or approximate dollar value ) of shares ( or units ) that may yet be purchased under the plans or programs 3 . <table class='wikitable'><tr><td>1</td><td>-</td><td>total number ofshares ( or units ) purchased1</td><td>average price paidper share ( or unit ) 2</td><td>total number ofshares ( or units ) purchased as part ofpublicly announcedplans or programs3</td><td>maximum number ( or approximate dollar value ) of shares ( or units ) that may yet be purchased under the plans or programs3</td></tr><tr><td>2</td><td>october 1 - 31</td><td>2140511</td><td>$ 20.54</td><td>2139507</td><td>$ 227368014</td></tr><tr><td>3</td><td>november 1 - 30</td><td>1126378</td><td>$ 22.95</td><td>1124601</td><td>$ 201557625</td></tr><tr><td>4</td><td>december 1 - 31</td><td>1881992</td><td>$ 22.97</td><td>1872650</td><td>$ 158553178</td></tr><tr><td>5</td><td>total</td><td>5148881</td><td>$ 21.96</td><td>5136758</td><td>-</td></tr></table> 1 included shares of our common stock , par value $ 0.10 per share , withheld under the terms of grants under employee stock-based compensation plans to offset tax withholding obligations that occurred upon vesting and release of restricted shares ( the 201cwithheld shares 201d ) . we repurchased 1004 withheld shares in october 2015 , 1777 withheld shares in november 2015 and 9342 withheld shares in december 2015 . 2 the average price per share for each of the months in the fiscal quarter and for the three-month period was calculated by dividing the sum of the applicable period of the aggregate value of the tax withholding obligations and the aggregate amount we paid for shares acquired under our stock repurchase program , described in note 5 to the consolidated financial statements , by the sum of the number of withheld shares and the number of shares acquired in our stock repurchase program . 3 in february 2015 , the board authorized a share repurchase program to repurchase from time to time up to $ 300.0 million , excluding fees , of our common stock ( the 201c2015 share repurchase program 201d ) . on february 12 , 2016 , we announced that our board had approved a new share repurchase program to repurchase from time to time up to $ 300.0 million , excluding fees , of our common stock . the new authorization is in addition to any amounts remaining for repurchase under the 2015 share repurchase program . there is no expiration date associated with the share repurchase programs. .
Question: what were the total number of shares purchased in october?
Answer: 2140511.0
Question: what was the total number of shares purchased in november?
Answer: 1126378.0
Question: what is the sum value?
Answer: 3266889.0
Question: how many months are october and november?
Answer: 2.0
Question: what is the sum divided by 2?
| 1633444.5 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
Organize your response with headings for the answer and reasons. |
contracts as of december 31 , 2006 , which all mature in 2007 . forward contract notional amounts presented below are expressed in the stated currencies ( in thousands ) . forward currency contracts: . <table class='wikitable'><tr><td>1</td><td>-</td><td>( pay ) /receive</td></tr><tr><td>2</td><td>u.s . dollars</td><td>-114000 ( 114000 )</td></tr><tr><td>3</td><td>euros</td><td>-4472 ( 4472 )</td></tr><tr><td>4</td><td>singapore dollars</td><td>37180</td></tr><tr><td>5</td><td>canadian dollars</td><td>81234</td></tr><tr><td>6</td><td>malaysian ringgits</td><td>85963</td></tr></table> a movement of 10% ( 10 % ) in the value of the u.s . dollar against foreign currencies would impact our expected net earnings by approximately $ 0.1 million . item 8 . financial statements and supplementary data the financial statements and supplementary data required by this item are included herein , commencing on page f-1 . item 9 . changes in and disagreements with accountants on accounting and financial disclosure item 9a . controls and procedures ( a ) evaluation of disclosure controls and procedures our management , with the participation of our chief executive officer and chief financial officer , evaluated the effectiveness of our disclosure controls and procedures as of the end of the period covered by this report . based on that evaluation , the chief executive officer and chief financial officer concluded that our disclosure controls and procedures as of the end of the period covered by this report are functioning effectively to provide reasonable assurance that the information required to be disclosed by us in reports filed under the securities exchange act of 1934 is ( i ) recorded , processed , summarized and reported within the time periods specified in the sec 2019s rules and forms and ( ii ) accumulated and communicated to our management , including the chief executive officer and chief financial officer , as appropriate to allow timely decisions regarding disclosure . a controls system cannot provide absolute assurance , however , that the objectives of the controls system are met , and no evaluation of controls can provide absolute assurance that all control issues and instances of fraud , if any , within a company have been detected . ( b ) management 2019s report on internal control over financial reporting our management 2019s report on internal control over financial reporting is set forth on page f-2 of this annual report on form 10-k and is incorporated by reference herein . ( c ) change in internal control over financial reporting no change in our internal control over financial reporting occurred during our most recent fiscal quarter that has materially affected , or is reasonably likely to materially affect , our internal control over financial reporting . item 9b . other information .
Question: what was the positive value of united states securities?
Answer: 114000.0
Question: what is the positive value of euros?
Answer: 4472.0
Question: what is the sum?
| 118472.0 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
Organize your response with headings for the answer and reasons. |
part a0ii item a05 . market for registrant 2019s common equity , related stockholder matters and issuer purchases of equity securities our common stock is listed on the new york stock exchange under the symbol 201ctfx . 201d as of february 19 , 2019 , we had 473 holders of record of our common stock . a substantially greater number of holders of our common stock are beneficial owners whose shares are held by brokers and other financial institutions for the accounts of beneficial owners . stock performance graph the following graph provides a comparison of five year cumulative total stockholder returns of teleflex common stock , the standard a0& poor 2019s ( s&p ) 500 stock index and the s&p 500 healthcare equipment & supply index . the annual changes for the five-year period shown on the graph are based on the assumption that $ 100 had been invested in teleflex common stock and each index on december a031 , 2013 and that all dividends were reinvested . market performance . <table class='wikitable'><tr><td>1</td><td>company / index</td><td>2013</td><td>2014</td><td>2015</td><td>2016</td><td>2017</td><td>2018</td></tr><tr><td>2</td><td>teleflex incorporated</td><td>100</td><td>124</td><td>143</td><td>177</td><td>275</td><td>288</td></tr><tr><td>3</td><td>s&p 500 index</td><td>100</td><td>114</td><td>115</td><td>129</td><td>157</td><td>150</td></tr><tr><td>4</td><td>s&p 500 healthcare equipment & supply index</td><td>100</td><td>126</td><td>134</td><td>142</td><td>186</td><td>213</td></tr></table> s&p 500 healthcare equipment & supply index 100 126 134 142 186 213 .
Question: what was the price of teleflex in 2014?
Answer: 124.0
Question: what was the initial investment?
Answer: 100.0
Question: what is the difference of the price and initial investment?
Answer: 24.0
Question: what was the initial investment?
| 100.0 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
Organize your response with headings for the answer and reasons. |
the goldman sachs group , inc . and subsidiaries management 2019s discussion and analysis the risk committee of the board and the risk governance committee ( through delegated authority from the firmwide risk committee ) approve market risk limits and sub-limits at firmwide , business and product levels , consistent with our risk appetite statement . in addition , market risk management ( through delegated authority from the risk governance committee ) sets market risk limits and sub-limits at certain product and desk levels . the purpose of the firmwide limits is to assist senior management in controlling our overall risk profile . sub-limits are set below the approved level of risk limits . sub-limits set the desired maximum amount of exposure that may be managed by any particular business on a day-to-day basis without additional levels of senior management approval , effectively leaving day-to-day decisions to individual desk managers and traders . accordingly , sub-limits are a management tool designed to ensure appropriate escalation rather than to establish maximum risk tolerance . sub-limits also distribute risk among various businesses in a manner that is consistent with their level of activity and client demand , taking into account the relative performance of each area . our market risk limits are monitored daily by market risk management , which is responsible for identifying and escalating , on a timely basis , instances where limits have been exceeded . when a risk limit has been exceeded ( e.g. , due to positional changes or changes in market conditions , such as increased volatilities or changes in correlations ) , it is escalated to senior managers in market risk management and/or the appropriate risk committee . such instances are remediated by an inventory reduction and/or a temporary or permanent increase to the risk limit . model review and validation our var and stress testing models are regularly reviewed by market risk management and enhanced in order to incorporate changes in the composition of positions included in our market risk measures , as well as variations in market conditions . prior to implementing significant changes to our assumptions and/or models , model risk management performs model validations . significant changes to our var and stress testing models are reviewed with our chief risk officer and chief financial officer , and approved by the firmwide risk committee . see 201cmodel risk management 201d for further information about the review and validation of these models . systems we have made a significant investment in technology to monitor market risk including : 2030 an independent calculation of var and stress measures ; 2030 risk measures calculated at individual position levels ; 2030 attribution of risk measures to individual risk factors of each position ; 2030 the ability to report many different views of the risk measures ( e.g. , by desk , business , product type or entity ) ; 2030 the ability to produce ad hoc analyses in a timely manner . metrics we analyze var at the firmwide level and a variety of more detailed levels , including by risk category , business , and region . the tables below present average daily var and period-end var , as well as the high and low var for the period . diversification effect in the tables below represents the difference between total var and the sum of the vars for the four risk categories . this effect arises because the four market risk categories are not perfectly correlated . the table below presents average daily var by risk category. . <table class='wikitable'><tr><td>1</td><td>$ in millions</td><td>year ended december 2017</td><td>year ended december 2016</td><td>year ended december 2015</td></tr><tr><td>2</td><td>interest rates</td><td>$ 40</td><td>$ 45</td><td>$ 47</td></tr><tr><td>3</td><td>equity prices</td><td>24</td><td>25</td><td>26</td></tr><tr><td>4</td><td>currency rates</td><td>12</td><td>21</td><td>30</td></tr><tr><td>5</td><td>commodity prices</td><td>13</td><td>17</td><td>20</td></tr><tr><td>6</td><td>diversification effect</td><td>-35 ( 35 )</td><td>-45 ( 45 )</td><td>-47 ( 47 )</td></tr><tr><td>7</td><td>total</td><td>$ 54</td><td>$ 63</td><td>$ 76</td></tr></table> our average daily var decreased to $ 54 million in 2017 from $ 63 million in 2016 , due to reductions across all risk categories , partially offset by a decrease in the diversification effect . the overall decrease was primarily due to lower levels of volatility . our average daily var decreased to $ 63 million in 2016 from $ 76 million in 2015 , due to reductions across all risk categories , partially offset by a decrease in the diversification effect . the overall decrease was primarily due to reduced exposures . goldman sachs 2017 form 10-k 91 .
Question: what was the change in interest rates from 2016 to 2017?
| -5.0 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
Organize your response with headings for the answer and reasons. |
westrock company notes to consolidated financial statements 2014 ( continued ) consistent with prior years , we consider a portion of our earnings from certain foreign subsidiaries as subject to repatriation and we provide for taxes accordingly . however , we consider the unremitted earnings and all other outside basis differences from all other foreign subsidiaries to be indefinitely reinvested . accordingly , we have not provided for any taxes that would be due . as of september 30 , 2019 , we estimate our outside basis difference in foreign subsidiaries that are considered indefinitely reinvested to be approximately $ 1.6 billion . the components of the outside basis difference are comprised of purchase accounting adjustments , undistributed earnings , and equity components . except for the portion of our earnings from certain foreign subsidiaries where we provided for taxes , we have not provided for any taxes that would be due upon the reversal of the outside basis differences . however , in the event of a distribution in the form of dividends or dispositions of the subsidiaries , we may be subject to incremental u.s . income taxes , subject to an adjustment for foreign tax credits , and withholding taxes or income taxes payable to the foreign jurisdictions . as of september 30 , 2019 , the determination of the amount of unrecognized deferred tax liability related to any remaining undistributed foreign earnings not subject to the transition tax and additional outside basis differences is not practicable . a reconciliation of the beginning and ending amount of gross unrecognized tax benefits is as follows ( in millions ) : . <table class='wikitable'><tr><td>1</td><td>-</td><td>2019</td><td>2018</td><td>2017</td></tr><tr><td>2</td><td>balance at beginning of fiscal year</td><td>$ 127.1</td><td>$ 148.9</td><td>$ 166.8</td></tr><tr><td>3</td><td>additions related to purchase accounting ( 1 )</td><td>1.0</td><td>3.4</td><td>7.7</td></tr><tr><td>4</td><td>additions for tax positions taken in current year ( 2 )</td><td>103.8</td><td>3.1</td><td>5.0</td></tr><tr><td>5</td><td>additions for tax positions taken in prior fiscal years</td><td>1.8</td><td>18.0</td><td>15.2</td></tr><tr><td>6</td><td>reductions for tax positions taken in prior fiscal years</td><td>( 0.5 )</td><td>( 5.3 )</td><td>( 25.6 )</td></tr><tr><td>7</td><td>reductions due to settlement ( 3 )</td><td>( 4.0 )</td><td>( 29.4 )</td><td>( 14.1 )</td></tr><tr><td>8</td><td>( reductions ) additions for currency translation adjustments</td><td>-1.7 ( 1.7 )</td><td>-9.6 ( 9.6 )</td><td>2.0</td></tr><tr><td>9</td><td>reductions as a result of a lapse of the applicable statute oflimitations</td><td>( 3.2 )</td><td>( 2.0 )</td><td>( 8.1 )</td></tr><tr><td>10</td><td>balance at end of fiscal year</td><td>$ 224.3</td><td>$ 127.1</td><td>$ 148.9</td></tr></table> ( 1 ) amounts in fiscal 2019 relate to the kapstone acquisition . amounts in fiscal 2018 and 2017 relate to the mps acquisition . ( 2 ) additions for tax positions taken in current fiscal year includes primarily positions taken related to foreign subsidiaries . ( 3 ) amounts in fiscal 2019 relate to the settlements of state and foreign audit examinations . amounts in fiscal 2018 relate to the settlement of state audit examinations and federal and state amended returns filed related to affirmative adjustments for which there was a reserve . amounts in fiscal 2017 relate to the settlement of federal and state audit examinations with taxing authorities . as of september 30 , 2019 and 2018 , the total amount of unrecognized tax benefits was approximately $ 224.3 million and $ 127.1 million , respectively , exclusive of interest and penalties . of these balances , as of september 30 , 2019 and 2018 , if we were to prevail on all unrecognized tax benefits recorded , approximately $ 207.5 million and $ 108.7 million , respectively , would benefit the effective tax rate . we regularly evaluate , assess and adjust the related liabilities in light of changing facts and circumstances , which could cause the effective tax rate to fluctuate from period to period . resolution of the uncertain tax positions could have a material adverse effect on our cash flows or materially benefit our results of operations in future periods depending upon their ultimate resolution . see 201cnote 18 . commitments and contingencies 2014 brazil tax liability 201d we recognize estimated interest and penalties related to unrecognized tax benefits in income tax expense in the consolidated statements of income . as of september 30 , 2019 , we had liabilities of $ 80.0 million related to estimated interest and penalties for unrecognized tax benefits . as of september 30 , 2018 , we had liabilities of $ 70.4 million , related to estimated interest and penalties for unrecognized tax benefits . our results of operations for the fiscal year ended september 30 , 2019 , 2018 and 2017 include expense of $ 9.7 million , $ 5.8 million and $ 7.4 million , respectively , net of indirect benefits , related to estimated interest and penalties with respect to the liability for unrecognized tax benefits . as of september 30 , 2019 , it is reasonably possible that our unrecognized tax benefits will decrease by up to $ 8.7 million in the next twelve months due to expiration of various statues of limitations and settlement of issues. .
Question: what was the total balance in 2019?
Answer: 224.3
Question: and what was it in 2018?
| 127.1 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
Organize your response with headings for the answer and reasons. |
considered to be the primary beneficiary of either entity and have therefore deconsolidated both entities . at december 31 , 2010 , we held a 36% ( 36 % ) interest in juniperus which is accounted for using the equity method of accounting . our potential loss at december 31 , 2010 is limited to our investment of $ 73 million in juniperus , which is recorded in investments in the consolidated statements of financial position . we have not provided any financing to juniperus other than previously contractually required amounts . juniperus and jchl had combined assets and liabilities of $ 121 million and $ 22 million , respectively , at december 31 , 2008 . for the year ended december 31 , 2009 , we recognized $ 36 million of pretax income from juniperus and jchl . we recognized $ 16 million of after-tax income , after allocating the appropriate share of net income to the non-controlling interests . we previously owned an 85% ( 85 % ) economic equity interest in globe re limited ( 2018 2018globe re 2019 2019 ) , a vie , which provided reinsurance coverage for a defined portfolio of property catastrophe reinsurance contracts underwritten by a third party for a limited period which ended june 1 , 2009 . we consolidated globe re as we were deemed to be the primary beneficiary . in connection with the winding up of its operations , globe re repaid its $ 100 million of short-term debt and our equity investment from available cash in 2009 . we recognized $ 2 million of after-tax income from globe re in 2009 , taking into account the share of net income attributable to non-controlling interests . globe re was fully liquidated in the third quarter of 2009 . review by segment general we serve clients through the following segments : 2022 risk solutions ( formerly risk and insurance brokerage services ) 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 ( formerly consulting ) 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 . <table class='wikitable'><tr><td>1</td><td>years ended december 31,</td><td>2010</td><td>2009</td><td>2008</td></tr><tr><td>2</td><td>revenue</td><td>$ 6423</td><td>$ 6305</td><td>$ 6197</td></tr><tr><td>3</td><td>operating income</td><td>1194</td><td>900</td><td>846</td></tr><tr><td>4</td><td>operating margin</td><td>18.6% ( 18.6 % )</td><td>14.3% ( 14.3 % )</td><td>13.7% ( 13.7 % )</td></tr></table> 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 2010 we continued to see a 2018 2018soft market 2019 2019 , which began in 2007 , in our retail brokerage product line . 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 .
Question: what was the sum of revenues for 2009 and 2010?
Answer: 12728.0
Question: what were revenues in 2008?
Answer: 6197.0
Question: what is the total sum including 2008?
| 18925.0 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
Organize your response with headings for the answer and reasons. |
management 2019s discussion and analysis sensitivity measures certain portfolios and individual positions are not included in var because var is not the most appropriate risk measure . other sensitivity measures we use to analyze market risk are described below . 10% ( 10 % ) sensitivity measures . the table below presents market risk for inventory positions that are not included in var . the market risk of these positions is determined by estimating the potential reduction in net revenues of a 10% ( 10 % ) decline in the underlying asset value . equity positions below relate to private and restricted public equity securities , including interests in funds that invest in corporate equities and real estate and interests in hedge funds , which are included in 201cfinancial instruments owned , at fair value . 201d debt positions include interests in funds that invest in corporate mezzanine and senior debt instruments , loans backed by commercial and residential real estate , corporate bank loans and other corporate debt , including acquired portfolios of distressed loans . these debt positions are included in 201cfinancial instruments owned , at fair value . 201d see note 6 to the consolidated financial statements for further information about cash instruments . these measures do not reflect diversification benefits across asset categories or across other market risk measures . asset categories 10% ( 10 % ) sensitivity amount as of december in millions 2013 2012 equity 1 $ 2256 $ 2471 . <table class='wikitable'><tr><td>1</td><td>asset categories</td><td>asset categories</td><td>-</td></tr><tr><td>2</td><td>in millions</td><td>2013</td><td>2012</td></tr><tr><td>3</td><td>equity1</td><td>$ 2256</td><td>$ 2471</td></tr><tr><td>4</td><td>debt</td><td>1522</td><td>1676</td></tr><tr><td>5</td><td>total</td><td>$ 3778</td><td>$ 4147</td></tr></table> 1 . december 2012 includes $ 208 million related to our investment in the ordinary shares of icbc , which was sold in the first half of 2013 . credit spread sensitivity on derivatives and borrowings . var excludes the impact of changes in counterparty and our own credit spreads on derivatives as well as changes in our own credit spreads on unsecured borrowings for which the fair value option was elected . the estimated sensitivity to a one basis point increase in credit spreads ( counterparty and our own ) on derivatives was a gain of $ 4 million and $ 3 million ( including hedges ) as of december 2013 and december 2012 , respectively . in addition , the estimated sensitivity to a one basis point increase in our own credit spreads on unsecured borrowings for which the fair value option was elected was a gain of $ 8 million and $ 7 million ( including hedges ) as of december 2013 and december 2012 , respectively . however , the actual net impact of a change in our own credit spreads is also affected by the liquidity , duration and convexity ( as the sensitivity is not linear to changes in yields ) of those unsecured borrowings for which the fair value option was elected , as well as the relative performance of any hedges undertaken . interest rate sensitivity . as of december 2013 and december 2012 , the firm had $ 14.90 billion and $ 6.50 billion , respectively , of loans held for investment which were accounted for at amortized cost and included in 201creceivables from customers and counterparties , 201d substantially all of which had floating interest rates . as of december 2013 and december 2012 , the estimated sensitivity to a 100 basis point increase in interest rates on such loans was $ 136 million and $ 62 million , respectively , of additional interest income over a 12-month period , which does not take into account the potential impact of an increase in costs to fund such loans . see note 8 to the consolidated financial statements for further information about loans held for investment . goldman sachs 2013 annual report 95 .
Question: as of december 2013, what was the value of the total 10% ( 10 % ) sensitivity amount that was equity related?
Answer: 2256.0
Question: and what was that total 10% ( 10 % ) sensitivity amount?
| 3778.0 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
Organize your response with headings for the answer and reasons. |
system energy resources , inc . management's financial discussion and analysis with syndicated bank letters of credit . in december 2004 , system energy amended these letters of credit and they now expire in may 2009 . system energy may refinance or redeem debt prior to maturity , to the extent market conditions and interest and dividend rates are favorable . all debt and common stock issuances by system energy require prior regulatory approval . debt issuances are also subject to issuance tests set forth in its bond indentures and other agreements . system energy has sufficient capacity under these tests to meet its foreseeable capital needs . system energy has obtained a short-term borrowing authorization from the ferc under which it may borrow , through march 31 , 2010 , up to the aggregate amount , at any one time outstanding , of $ 200 million . see note 4 to the financial statements for further discussion of system energy's short-term borrowing limits . system energy has also obtained an order from the ferc authorizing long-term securities issuances . the current long- term authorization extends through june 2009 . system energy's receivables from the money pool were as follows as of december 31 for each of the following years: . <table class='wikitable'><tr><td>1</td><td>2008</td><td>2007</td><td>2006</td><td>2005</td></tr><tr><td>2</td><td>( in thousands )</td><td>( in thousands )</td><td>( in thousands )</td><td>( in thousands )</td></tr><tr><td>3</td><td>$ 42915</td><td>$ 53620</td><td>$ 88231</td><td>$ 277287</td></tr></table> in may 2007 , $ 22.5 million of system energy's receivable from the money pool was replaced by a note receivable from entergy new orleans . see note 4 to the financial statements for a description of the money pool . nuclear matters system energy owns and operates grand gulf . system energy is , therefore , subject to the risks related to owning and operating a nuclear plant . these include risks from the use , storage , handling and disposal of high-level and low-level radioactive materials , regulatory requirement changes , including changes resulting from events at other plants , limitations on the amounts and types of insurance commercially available for losses in connection with nuclear operations , and technological and financial uncertainties related to decommissioning nuclear plants at the end of their licensed lives , including the sufficiency of funds in decommissioning trusts . in the event of an unanticipated early shutdown of grand gulf , system energy may be required to provide additional funds or credit support to satisfy regulatory requirements for decommissioning . environmental risks system energy's facilities and operations are subject to regulation by various governmental authorities having jurisdiction over air quality , water quality , control of toxic substances and hazardous and solid wastes , and other environmental matters . management believes that system energy is in substantial compliance with environmental regulations currently applicable to its facilities and operations . because environmental regulations are subject to change , future compliance costs cannot be precisely estimated . critical accounting estimates the preparation of system energy's financial statements in conformity with generally accepted accounting principles requires management to apply appropriate accounting policies and to make estimates and judgments that .
Question: in 2007, what amount of system energy's receivable from the money pool was replaced by a note receivable from entergy new orleans?
Answer: 22.5
Question: and how much is that in thousands of dollars?
Answer: 22500.0
Question: how much, then, does this amount in thousands represent in relation to the total system energy's receivable from the money pool, in percentage?
| 0.41962 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
Organize your response with headings for the answer and reasons. |
mastercard incorporated notes to consolidated financial statements 2014 ( continued ) ( in thousands , except percent and per share data ) the following table summarizes expected benefit payments through 2019 for the pension plans , including those payments expected to be paid from the company 2019s general assets . since the majority of the benefit payments are made in the form of lump-sum distributions , actual benefit payments may differ from expected benefit payments. . <table class='wikitable'><tr><td>1</td><td>2010</td><td>$ 18181</td></tr><tr><td>2</td><td>2011</td><td>27090</td></tr><tr><td>3</td><td>2012</td><td>21548</td></tr><tr><td>4</td><td>2013</td><td>25513</td></tr><tr><td>5</td><td>2014</td><td>24002</td></tr><tr><td>6</td><td>2015-2019</td><td>128494</td></tr></table> substantially all of the company 2019s u.s . employees are eligible to participate in a defined contribution savings plan ( the 201csavings plan 201d ) sponsored by the company . the savings plan allows employees to contribute a portion of their base compensation on a pre-tax and after-tax basis in accordance with specified guidelines . the company matches a percentage of employees 2019 contributions up to certain limits . in 2007 and prior years , the company could also contribute to the savings plan a discretionary profit sharing component linked to company performance during the prior year . beginning in 2008 , the discretionary profit sharing amount related to prior year company performance was paid directly to employees as a short-term cash incentive bonus rather than as a contribution to the savings plan . in addition , the company has several defined contribution plans outside of the united states . the company 2019s contribution expense related to all of its defined contribution plans was $ 40627 , $ 35341 and $ 26996 for 2009 , 2008 and 2007 , respectively . note 13 . postemployment and postretirement benefits the company maintains a postretirement plan ( the 201cpostretirement plan 201d ) providing health coverage and life insurance benefits for substantially all of its u.s . employees hired before july 1 , 2007 . the company amended the life insurance benefits under the postretirement plan effective january 1 , 2007 . the impact , net of taxes , of this amendment was an increase of $ 1715 to accumulated other comprehensive income in 2007 . in 2009 , the company recorded a $ 3944 benefit expense as a result of enhanced postretirement medical benefits under the postretirement plan provided to employees that chose to participate in a voluntary transition program. .
Question: what is the total contribution expense related to all of its defined contribution plans in 2009 and 2008?
Answer: 75968.0
Question: what about the total including 2007?
Answer: 102964.0
Question: what is the average for three years?
| 34321.33333 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
Organize your response with headings for the answer and reasons. |
american tower corporation and subsidiaries notes to consolidated financial statements assessments in each of the tax jurisdictions resulting from these examinations . the company believes that adequate provisions have been made for income taxes for all periods through december 31 , 2010 . 12 . stock-based compensation the company recognized stock-based compensation of $ 52.6 million , $ 60.7 million and $ 54.8 million for the years ended december 31 , 2010 , 2009 and 2008 , respectively . stock-based compensation for the year ended december 31 , 2009 included $ 6.9 million related to the modification of the vesting and exercise terms for certain employee 2019s equity awards . the company did not capitalize any stock-based compensation during the years ended december 31 , 2010 and 2009 . summary of stock-based compensation plans 2014the company maintains equity incentive plans that provide for the grant of stock-based awards to its directors , officers and employees . under the 2007 equity incentive plan ( 201c2007 plan 201d ) , which provides for the grant of non-qualified and incentive stock options , as well as restricted stock units , restricted stock and other stock-based awards , exercise prices in the case of non-qualified and incentive stock options are not less than the fair market value of the underlying common stock on the date of grant . equity awards typically vest ratably over various periods , generally four years , and generally expire ten years from the date of grant . stock options 2014as of december 31 , 2010 , the company had the ability to grant stock-based awards with respect to an aggregate of 22.0 million shares of common stock under the 2007 plan . the fair value of each option grant is estimated on the date of grant using the black-scholes option pricing model based on the assumptions noted in the table below . the risk-free treasury rate is based on the u.s . treasury yield in effect at the accounting measurement date . the expected life ( estimated period of time outstanding ) was estimated using the vesting term and historical exercise behavior of company employees . the expected volatility was based on historical volatility for a period equal to the expected life of the stock options . key assumptions used to apply this pricing model are as follows: . <table class='wikitable'><tr><td>1</td><td>-</td><td>2010</td><td>2009</td><td>2008</td></tr><tr><td>2</td><td>range of risk-free interest rate</td><td>1.41% ( 1.41 % ) 2013 2.39% ( 2.39 % )</td><td>1.41% ( 1.41 % ) 2013 2.04% ( 2.04 % )</td><td>1.44% ( 1.44 % ) 2013 3.05% ( 3.05 % )</td></tr><tr><td>3</td><td>weighted average risk-free interest rate</td><td>2.35% ( 2.35 % )</td><td>1.71% ( 1.71 % )</td><td>1.89% ( 1.89 % )</td></tr><tr><td>4</td><td>expected life of option grants</td><td>4.60 years</td><td>4.00 years</td><td>4.00 years</td></tr><tr><td>5</td><td>range of expected volatility of underlying stock price</td><td>37.11% ( 37.11 % ) 2013 37.48% ( 37.48 % )</td><td>36.00% ( 36.00 % ) 2013 36.63% ( 36.63 % )</td><td>28.51% ( 28.51 % ) 2013 35.30% ( 35.30 % )</td></tr><tr><td>6</td><td>weighted average expected volatility of underlying stock price</td><td>37.14% ( 37.14 % )</td><td>36.23% ( 36.23 % )</td><td>29.10% ( 29.10 % )</td></tr><tr><td>7</td><td>expected annual dividends</td><td>n/a</td><td>n/a</td><td>n/a</td></tr></table> the weighted average grant date fair value per share during the years ended december 31 , 2010 , 2009 and 2008 was $ 15.03 , $ 8.90 and $ 9.55 , respectively . the intrinsic value of stock options exercised during the years ended december 31 , 2010 , 2009 and 2008 was $ 62.7 million , $ 40.1 million and $ 99.1 million , respectively . as of december 31 , 2010 , total unrecognized compensation expense related to unvested stock options was approximately $ 27.7 million and is expected to be recognized over a weighted average period of approximately two years . the amount of cash received from the exercise of stock options was approximately $ 129.1 million during the year ended december 31 , 2010 . during the year ended december 31 , 2010 , the company realized approximately $ 0.3 million of state tax benefits from the exercise of stock options. .
Question: what was the net change of the intrinsic value of stock options from 2009 to 2010?
Answer: 22.6
Question: what was this value in 2009?
Answer: 40.1
Question: what is the percent change?
| 0.56359 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
Organize your response with headings for the answer and reasons. |
item 7 . management 2019s discussion and analysis of financial condition and results of operations we are an international energy company with operations in the u.s. , canada , africa , the middle east and europe . our operations are organized into three reportable segments : 2022 e&p which explores for , produces and markets liquid hydrocarbons and natural gas on a worldwide basis . 2022 osm which mines , extracts and transports bitumen from oil sands deposits in alberta , canada , and upgrades the bitumen to produce and market synthetic crude oil and vacuum gas oil . 2022 ig which produces and markets products manufactured from natural gas , such as lng and methanol , in e.g . certain sections of management 2019s discussion and analysis of financial condition and results of operations include forward- looking statements concerning trends or events potentially affecting our business . these statements typically contain words such as "anticipates" "believes" "estimates" "expects" "targets" "plans" "projects" "could" "may" "should" "would" or similar words indicating that future outcomes are uncertain . in accordance with "safe harbor" provisions of the private securities litigation reform act of 1995 , these statements are accompanied by cautionary language identifying important factors , though not necessarily all such factors , which could cause future outcomes to differ materially from those set forth in forward-looking statements . for additional risk factors affecting our business , see item 1a . risk factors in this annual report on form 10-k . management 2019s discussion and analysis of financial condition and results of operations should be read in conjunction with the information under item 1 . business , item 1a . risk factors and item 8 . financial statements and supplementary data found in this annual report on form 10-k . spin-off downstream business on june 30 , 2011 , the spin-off of marathon 2019s downstream business was completed , creating two independent energy companies : marathon oil and mpc . marathon stockholders at the close of business on the record date of june 27 , 2011 received one share of mpc common stock for every two shares of marathon common stock held . a private letter tax ruling received in june 2011 from the irs affirmed the tax-free nature of the spin-off . activities related to the downstream business have been treated as discontinued operations in 2011 and 2010 ( see item 8 . financial statements and supplementary data 2013 note 3 to the consolidated financial statements for additional information ) . overview 2013 market conditions exploration and production prevailing prices for the various grades of crude oil and natural gas that we produce significantly impact our revenues and cash flows . the following table lists benchmark crude oil and natural gas price annual averages for the past three years. . <table class='wikitable'><tr><td>1</td><td>benchmark</td><td>2012</td><td>2011</td><td>2010</td></tr><tr><td>2</td><td>wti crude oil ( dollars per bbl )</td><td>$ 94.15</td><td>$ 95.11</td><td>$ 79.61</td></tr><tr><td>3</td><td>brent ( europe ) crude oil ( dollars per bbl )</td><td>$ 111.65</td><td>$ 111.26</td><td>$ 79.51</td></tr><tr><td>4</td><td>henry hub natural gas ( dollars per mmbtu ) ( a )</td><td>$ 2.79</td><td>$ 4.04</td><td>$ 4.39</td></tr></table> henry hub natural gas ( dollars per mmbtu ) ( a ) $ 2.79 $ 4.04 $ 4.39 ( a ) settlement date average . liquid hydrocarbon 2013 prices of crude oil have been volatile in recent years , but less so when comparing annual averages for 2012 and 2011 . in 2011 , crude prices increased over 2010 levels , with increases in brent averages outstripping those in wti . the quality , location and composition of our liquid hydrocarbon production mix will cause our u.s . liquid hydrocarbon realizations to differ from the wti benchmark . in 2012 , 2011 and 2010 , the percentage of our u.s . crude oil and condensate production that was sour averaged 37 percent , 58 percent and 68 percent . sour crude contains more sulfur and tends to be heavier than light sweet crude oil so that refining it is more costly and produces lower value products ; therefore , sour crude is considered of lower quality and typically sells at a discount to wti . the percentage of our u.s . crude and condensate production that is sour has been decreasing as onshore production from the eagle ford and bakken shale plays increases and production from the gulf of mexico declines . in recent years , crude oil sold along the u.s . gulf coast has been priced at a premium to wti because the louisiana light sweet benchmark has been tracking brent , while production from inland areas farther from large refineries has been at a discount to wti . ngls were 10 percent , 7 percent and 6 percent of our u.s . liquid hydrocarbon sales in 2012 , 2011 and 2010 . in 2012 , our sales of ngls increased due to our development of u.s . unconventional liquids-rich plays. .
Question: what was the brent crude oil price in 2012?
Answer: 111.65
Question: and in 2010?
Answer: 79.51
Question: so what was the change in price over these years?
| 32.14 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
Organize your response with headings for the answer and reasons. |
related employer payroll tax costs ) . the contributions of these amounts are due by march 15 of the calendar year following the year in which the company realizes the benefits of the deductions . this arrangement has been accounted for as contingent consideration . pre-2009 business combinations were accounted for under a former accounting standard which , among other aspects , precluded the recognition of certain contingent consideration as of the business combination date . instead , under the former accounting standard , contingent consideration is accounted for as additional purchase price ( goodwill ) at the time the contingency is resolved . as of december 31 , 2013 , the company accrued $ 20.9 million related to this arrangement within other current liabilities , as the company realized the tax benefit of the compensation deductions during the 2013 tax year . the company made the related cash contribution during the first quarter of 2014 . 11 . earnings per share the numerator for both basic and diluted earnings per share is net income . the denominator for basic earnings per share is the weighted-average number of common shares outstanding during the period . the 2013 denominator was impacted by the common shares issued during both the ipo and the underwriters' exercise in full of the overallotment option granted to them in connection with the ipo . because such common shares were issued on july 2 , 2013 and july 31 , 2013 , respectively , they are only partially reflected in the 2013 denominator . such shares are fully reflected in the 2014 denominator . see note 9 for additional discussion of the ipo . the dilutive effect of outstanding restricted stock , restricted stock units , stock options , coworker stock purchase plan units and mpk plan units is reflected in the denominator for diluted earnings per share using the treasury stock method . the following is a reconciliation of basic shares to diluted shares: . <table class='wikitable'><tr><td>1</td><td>( in millions )</td><td>years ended december 31 , 2014</td><td>years ended december 31 , 2013</td><td>years ended december 31 , 2012</td></tr><tr><td>2</td><td>weighted-average shares - basic</td><td>170.6</td><td>156.6</td><td>145.1</td></tr><tr><td>3</td><td>effect of dilutive securities</td><td>2.2</td><td>2.1</td><td>0.7</td></tr><tr><td>4</td><td>weighted-average shares - diluted</td><td>172.8</td><td>158.7</td><td>145.8</td></tr></table> there was an insignificant amount of potential common shares excluded from diluted earnings per share for the years ended december 31 , 2014 , 2013 and 2012 , as their inclusion would have had an anti-dilutive effect . 12 . deferred compensation plan on march 10 , 2010 , in connection with the company 2019s purchase of $ 28.5 million principal amount of its outstanding senior subordinated debt , the company established the restricted debt unit plan ( the 201crdu plan 201d ) , an unfunded nonqualified deferred compensation plan . the total number of rdus that could be granted under the rdu plan was 28500 . as of december 31 , 2014 , 28500 rdus were outstanding . rdus vested daily on a pro rata basis over the three-year period from january 1 , 2012 ( or , if later , the date of hire or the date of a subsequent rdu grant ) through december 31 , 2014 . all outstanding rdus were vested as of december 31 , 2014 . participants have no rights to the underlying debt . the total amount of compensation available to be paid under the rdu plan was initially to be based on two components , a principal component and an interest component . the principal component credits the rdu plan with a notional amount equal to the $ 28.5 million face value of the senior subordinated notes ( the "debt pool" ) , together with certain redemption premium equivalents as noted below . the interest component credited the rdu plan with amounts equal to the interest that would have been earned on the debt pool from march 10 , 2010 through maturity on october 12 , 2017 , except as discussed below . interest amounts for 2010 and 2011 were deferred until 2012 , and thereafter , interest amounts were paid to participants semi-annually on the interest payment due dates . the company used a portion of the ipo proceeds together with incremental borrowings to redeem $ 324.0 million of the total senior subordinated notes outstanding on august 1 , 2013 . in connection with the ipo and the partial redemption of the senior subordinated notes , the company amended the rdu plan to increase the retentive value of the plan . in accordance with the original terms of the rdu plan , the principal component of the rdus converted to a cash-denominated pool upon the redemption of the senior subordinated notes . in addition , the company added $ 0.1 table of contents cdw corporation and subsidiaries notes to consolidated financial statements .
Question: what is the sum of the value of weighted average diluted shares in 2013 and 2014?
| 331.5 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
Organize your response with headings for the answer and reasons. |
synopsys , inc . notes to consolidated financial statements 2014continued acquired identifiable intangible assets of $ 107.3 million , resulting in total goodwill of $ 257.6 million . identifiable intangible assets are being amortized over three to eight years . acquisition-related costs directly attributable to the business combination were $ 6.6 million for fiscal 2012 and were expensed as incurred in the consolidated statements of operations . these costs consisted primarily of employee separation costs and professional services . acquisition of magma design automation , inc . ( magma ) on february 22 , 2012 , the company acquired magma , a chip design software provider , at a per- share price of $ 7.35 . additionally , the company assumed unvested restricted stock units ( rsus ) and stock options , collectively called 201cequity awards . 201d the aggregate purchase price was approximately $ 550.2 million . this acquisition enables the company to more rapidly meet the needs of leading-edge semiconductor designers for more sophisticated design tools . the company allocated the total purchase consideration of $ 550.2 million ( including $ 6.8 million related to equity awards assumed ) to the assets acquired and liabilities assumed based on their respective fair values at the acquisition date , including acquired identifiable intangible assets of $ 184.3 million , resulting in total goodwill of $ 316.3 million . identifiable intangible assets are being amortized over three to ten years . acquisition-related costs directly attributable to the business combination totaling $ 33.5 million for fiscal 2012 were expensed as incurred in the consolidated statements of operations and consist primarily of employee separation costs , contract terminations , professional services , and facilities closure costs . other fiscal 2012 acquisitions during fiscal 2012 , the company acquired five other companies , including emulation & verification engineering , s.a . ( eve ) , for cash and allocated the total purchase consideration of $ 213.2 million to the assets acquired and liabilities assumed based on their respective fair values , resulting in total goodwill of $ 118.1 million . acquired identifiable intangible assets totaling $ 73.3 million were valued using appropriate valuation methods such as income or cost methods and are being amortized over their respective useful lives ranging from one to eight years . during fiscal 2012 , acquisition-related costs totaling $ 6.8 million were expensed as incurred in the consolidated statements of operations . fiscal 2011 acquisitions during fiscal 2011 , the company completed two acquisitions for cash and allocated the total purchase consideration of $ 37.4 million to the assets and liabilities acquired based on their respective fair values at the acquisition date resulting in goodwill of $ 30.6 million . acquired identifiable intangible assets of $ 9.3 million are being amortized over two to ten years . note 4 . goodwill and intangible assets goodwill: . <table class='wikitable'><tr><td>1</td><td>-</td><td>( in thousands )</td></tr><tr><td>2</td><td>balance at october 31 2011</td><td>$ 1289286</td></tr><tr><td>3</td><td>additions</td><td>687195</td></tr><tr><td>4</td><td>other adjustments ( 1 )</td><td>506</td></tr><tr><td>5</td><td>balance at october 31 2012</td><td>$ 1976987</td></tr><tr><td>6</td><td>additions</td><td>2014</td></tr><tr><td>7</td><td>other adjustments ( 1 )</td><td>-1016 ( 1016 )</td></tr><tr><td>8</td><td>balance at october 31 2013</td><td>$ 1975971</td></tr></table> .
Question: what was the balance in 2013?
Answer: 1975971.0
Question: what was the balance in 2012?
Answer: 1976987.0
Question: what is the net change in value?
| -1016.0 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
Organize your response with headings for the answer and reasons. |
abiomed , inc . and subsidiaries notes to consolidated financial statements 2014 ( continued ) note 8 . stock award plans and stock-based compensation ( continued ) restricted stock and restricted stock units the following table summarizes restricted stock and restricted stock unit activity for the fiscal year ended march 31 , 2012 : number of shares ( in thousands ) weighted average grant date fair value ( per share ) . <table class='wikitable'><tr><td>1</td><td>-</td><td>number of shares ( in thousands )</td><td>weighted average grant date fair value ( per share )</td></tr><tr><td>2</td><td>restricted stock and restricted stock units at beginning of year</td><td>407</td><td>$ 9.84</td></tr><tr><td>3</td><td>granted</td><td>607</td><td>18.13</td></tr><tr><td>4</td><td>vested</td><td>-134 ( 134 )</td><td>10.88</td></tr><tr><td>5</td><td>forfeited</td><td>-9 ( 9 )</td><td>13.72</td></tr><tr><td>6</td><td>restricted stock and restricted stock units at end of year</td><td>871</td><td>$ 15.76</td></tr></table> the remaining unrecognized compensation expense for outstanding restricted stock and restricted stock units , including performance-based awards , as of march 31 , 2012 was $ 7.1 million and the weighted-average period over which this cost will be recognized is 2.2 years . the weighted average grant-date fair value for restricted stock and restricted stock units granted during the years ended march 31 , 2012 , 2011 , and 2010 was $ 18.13 , $ 10.00 and $ 7.67 per share , respectively . the total fair value of restricted stock and restricted stock units vested in fiscal years 2012 , 2011 , and 2010 was $ 1.5 million , $ 1.0 million and $ 0.4 million , respectively . performance-based awards included in the restricted stock and restricted stock units activity discussed above are certain awards granted in fiscal years 2012 , 2011 and 2010 that vest subject to certain performance-based criteria . in june 2010 , 311000 shares of restricted stock and a performance-based award for the potential issuance of 45000 shares of common stock were issued to certain executive officers and members of senior management of the company , all of which would vest upon achievement of prescribed service milestones by the award recipients and performance milestones by the company . during the year ended march 31 , 2011 , the company determined that it met the prescribed performance targets and a portion of these shares and stock options vested . the remaining shares will vest upon satisfaction of prescribed service conditions by the award recipients . during the three months ended june 30 , 2011 , the company determined that it should have been using the graded vesting method instead of the straight-line method to expense stock-based compensation for the performance-based awards issued in june 2010 . this resulted in additional stock based compensation expense of approximately $ 0.6 million being recorded during the three months ended june 30 , 2011 that should have been recorded during the year ended march 31 , 2011 . the company believes that the amount is not material to its march 31 , 2011 consolidated financial statements and therefore recorded the adjustment in the quarter ended june 30 , 2011 . during the three months ended june 30 , 2011 , performance-based awards of restricted stock units for the potential issuance of 284000 shares of common stock were issued to certain executive officers and members of the senior management , all of which would vest upon achievement of prescribed service milestones by the award recipients and revenue performance milestones by the company . as of march 31 , 2012 , the company determined that it met the prescribed targets for 184000 shares underlying these awards and it believes it is probable that the prescribed performance targets will be met for the remaining 100000 shares , and the compensation expense is being recognized accordingly . during the year ended march 31 , 2012 , the company has recorded $ 3.3 million in stock-based compensation expense for equity awards in which the prescribed performance milestones have been achieved or are probable of being achieved . the remaining unrecognized compensation expense related to these equity awards at march 31 , 2012 is $ 3.6 million based on the company 2019s current assessment of probability of achieving the performance milestones . the weighted-average period over which this cost will be recognized is 2.1 years. .
Question: what was the total value of the granted shares in 2012, in thousands of dollars?
Answer: 11004.91
Question: and how much is that in dollars?
Answer: 11004910.0
Question: in that same year, what was the amount of the equity awards in which the prescribed performance milestones were achieved, also in dollars?
| 3300000.0 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
Organize your response with headings for the answer and reasons. |
american tower corporation and subsidiaries notes to consolidated financial statements ( 3 ) consists of customer-related intangibles of approximately $ 75.0 million and network location intangibles of approximately $ 72.7 million . the customer-related intangibles and network location intangibles are being amortized on a straight-line basis over periods of up to 20 years . ( 4 ) the company expects that the goodwill recorded will be deductible for tax purposes . the goodwill was allocated to the company 2019s international rental and management segment . on september 12 , 2012 , the company entered into a definitive agreement to purchase up to approximately 348 additional communications sites from telef f3nica mexico . on september 27 , 2012 and december 14 , 2012 , the company completed the purchase of 279 and 2 communications sites , for an aggregate purchase price of $ 63.5 million ( including value added tax of $ 8.8 million ) . the following table summarizes the preliminary allocation of the aggregate purchase consideration paid and the amounts of assets acquired and liabilities assumed based upon their estimated fair value at the date of acquisition ( in thousands ) : preliminary purchase price allocation . <table class='wikitable'><tr><td>1</td><td>-</td><td>preliminary purchase price allocation</td></tr><tr><td>2</td><td>current assets</td><td>$ 8763</td></tr><tr><td>3</td><td>non-current assets</td><td>2332</td></tr><tr><td>4</td><td>property and equipment</td><td>26711</td></tr><tr><td>5</td><td>intangible assets ( 1 )</td><td>21079</td></tr><tr><td>6</td><td>other non-current liabilities</td><td>-1349 ( 1349 )</td></tr><tr><td>7</td><td>fair value of net assets acquired</td><td>$ 57536</td></tr><tr><td>8</td><td>goodwill ( 2 )</td><td>5998</td></tr></table> ( 1 ) consists of customer-related intangibles of approximately $ 10.7 million and network location intangibles of approximately $ 10.4 million . the customer-related intangibles and network location intangibles are being amortized on a straight-line basis over periods of up to 20 years . ( 2 ) the company expects that the goodwill recorded will be deductible for tax purposes . the goodwill was allocated to the company 2019s international rental and management segment . on november 16 , 2012 , the company entered into an agreement to purchase up to 198 additional communications sites from telef f3nica mexico . on december 14 , 2012 , the company completed the purchase of 188 communications sites , for an aggregate purchase price of $ 64.2 million ( including value added tax of $ 8.9 million ) . .
Question: what was the total in acquired customer-related and network location intangibles, from american tower corporation and subsidiaries notes to consolidated financial statements, in millions?
Answer: 147.7
Question: and what is the expected period in which those location intangibles will be amortized, in years?
Answer: 20.0
Question: what is, then, the expected annual amortization expenses, in millions?
Answer: 7.385
Question: from that same company, what was the value of current assets, from preliminary allocation of the aggregate purchase consideration paid and the amounts of assets acquired and liabilities assumed based upon their estimated fair value at the date of acquisition?
Answer: 11095.0
Question: and what is the total sum of those current assets and the non-current ones?
Answer: 37806.0
Question: including property and equipment, what then becomes that sum?
Answer: 21079.0
Question: and including the intangible assets, what becomes this total?
Answer: 58885.0
Question: what was the fair value of net assets acquired?
| 57536.0 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
Organize your response with headings for the answer and reasons. |
system energy 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 stock issuances by system energy require prior regulatory approval . a0 a0debt issuances are also subject to issuance tests set forth in its bond indentures and other agreements . a0 a0system energy has sufficient capacity under these tests to meet its foreseeable capital needs . system energy 2019s receivables from the money pool were as follows as of december 31 for each of the following years. . <table class='wikitable'><tr><td>1</td><td>2017</td><td>2016</td><td>2015</td><td>2014</td></tr><tr><td>2</td><td>( in thousands )</td><td>( in thousands )</td><td>( in thousands )</td><td>( in thousands )</td></tr><tr><td>3</td><td>$ 111667</td><td>$ 33809</td><td>$ 39926</td><td>$ 2373</td></tr></table> see note 4 to the financial statements for a description of the money pool . the system energy nuclear fuel company variable interest entity has a credit facility in the amount of $ 120 million scheduled to expire in may 2019 . as of december 31 , 2017 , $ 17.8 million in letters of credit to support a like amount of commercial paper issued and $ 50 million in loans were outstanding under the system energy nuclear fuel company variable interest entity credit facility . see note 4 to the financial statements for additional discussion of the variable interest entity credit facility . system energy obtained authorizations from the ferc through october 2019 for the following : 2022 short-term borrowings not to exceed an aggregate amount of $ 200 million at any time outstanding ; 2022 long-term borrowings and security issuances ; and 2022 long-term borrowings by its nuclear fuel company variable interest entity . see note 4 to the financial statements for further discussion of system energy 2019s short-term borrowing limits . system energy resources , inc . management 2019s financial discussion and analysis federal regulation see the 201crate , cost-recovery , and other regulation 2013 federal regulation 201d section of entergy corporation and subsidiaries management 2019s financial discussion and analysis and note 2 to the financial statements for a discussion of federal regulation . complaint against system energy in january 2017 the apsc and mpsc filed a complaint with the ferc against system energy . the complaint seeks a reduction in the return on equity component of the unit power sales agreement pursuant to which system energy sells its grand gulf capacity and energy to entergy arkansas , entergy louisiana , entergy mississippi , and entergy new orleans . entergy arkansas also sells some of its grand gulf capacity and energy to entergy louisiana , entergy mississippi , and entergy new orleans under separate agreements . the current return on equity under the unit power sales agreement is 10.94% ( 10.94 % ) . the complaint alleges that the return on equity is unjust and unreasonable because current capital market and other considerations indicate that it is excessive . the complaint requests the ferc to institute proceedings to investigate the return on equity and establish a lower return on equity , and also requests that the ferc establish january 23 , 2017 as a refund effective date . the complaint includes return on equity analysis that purports to establish that the range of reasonable return on equity for system energy is between 8.37% ( 8.37 % ) and 8.67% ( 8.67 % ) . system energy answered the complaint in february 2017 and disputes that a return on equity of 8.37% ( 8.37 % ) to 8.67% ( 8.67 % ) is just and reasonable . the lpsc and the city council intervened in the proceeding expressing support for the complaint . system energy is recording a provision against revenue for the potential outcome of this proceeding . in september 2017 the ferc established a refund effective date of january 23 , 2017 , consolidated the return on equity complaint with the proceeding described in unit power sales agreement below , and directed the parties to engage in settlement .
Question: what is the balance of system energy 2019s receivables from the money pool in 2017?
Answer: 111667.0
Question: what about in 2016?
| 2373.0 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
Organize your response with headings for the answer and reasons. |
we believe that the presentation of adjusted diluted earnings per share , which excludes withdrawal costs 2013 multiemployer pension funds , restructuring charges , loss on extinguishment of debt , and ( gain ) loss on business dispositions and impairments , net , provides an understanding of operational activities before the financial effect of certain items . we use this measure , and believe investors will find it helpful , in understanding the ongoing performance of our operations separate from items that have a disproportionate effect on our results for a particular period . we have incurred comparable charges and costs in prior periods , and similar types of adjustments can reasonably be expected to be recorded in future periods . our definition of adjusted diluted earnings per share may not be comparable to similarly titled measures presented by other companies . property and equipment , net in 2017 , we anticipate receiving approximately $ 975 million of property and equipment , net of proceeds from sales of property and equipment , as follows: . <table class='wikitable'><tr><td>1</td><td>trucks and equipment</td><td>$ 350</td></tr><tr><td>2</td><td>landfill</td><td>330</td></tr><tr><td>3</td><td>containers</td><td>160</td></tr><tr><td>4</td><td>facilities and other</td><td>150</td></tr><tr><td>5</td><td>property and equipment received during 2017</td><td>990</td></tr><tr><td>6</td><td>proceeds from sales of property and equipment</td><td>-15 ( 15 )</td></tr><tr><td>7</td><td>property and equipment received net of proceeds during 2017</td><td>$ 975</td></tr></table> results of operations revenue we generate revenue primarily from our solid waste collection operations . our remaining revenue is from other services , including transfer station , landfill disposal , recycling , and energy services . our residential and small- container commercial collection operations in some markets are based on long-term contracts with municipalities . certain of our municipal contracts have annual price escalation clauses that are tied to changes in an underlying base index such as a consumer price index . we generally provide small-container commercial and large-container industrial collection services to customers under contracts with terms up to three years . our transfer stations , landfills and , to a lesser extent , our recycling facilities generate revenue from disposal or tipping fees charged to third parties . in general , we integrate our recycling operations with our collection operations and obtain revenue from the sale of recycled commodities . our revenue from energy services consists mainly of fees we charge for the treatment of liquid and solid waste derived from the production of oil and natural gas . other revenue consists primarily of revenue from national accounts , which represents the portion of revenue generated from nationwide or regional contracts in markets outside our operating areas where the associated waste handling services are subcontracted to local operators . consequently , substantially all of this revenue is offset with related subcontract costs , which are recorded in cost of operations. .
Question: what is the net of proceeds from sales of trucks and equipments?
| 350.0 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
Organize your response with headings for the answer and reasons. |
american tower corporation and subsidiaries notes to consolidated financial statements 2014 ( continued ) 7 . derivative financial instruments under the terms of the credit facility , the company is required to enter into interest rate protection agreements on at least 50% ( 50 % ) of its variable rate debt . under these agreements , the company is exposed to credit risk to the extent that a counterparty fails to meet the terms of a contract . such exposure is limited to the current value of the contract at the time the counterparty fails to perform . the company believes its contracts as of december 31 , 2004 are with credit worthy institutions . as of december 31 , 2004 , the company had two interest rate caps outstanding with an aggregate notional amount of $ 350.0 million ( each at an interest rate of 6.0% ( 6.0 % ) ) that expire in 2006 . as of december 31 , 2003 , the company had three interest rate caps outstanding with an aggregate notional amount of $ 500.0 million ( each at a rate of 5.0% ( 5.0 % ) ) that expired in 2004 . as of december 31 , 2004 and 2003 , there was no fair value associated with any of these interest rate caps . during the year ended december 31 , 2003 , the company recorded an unrealized loss of approximately $ 0.3 million ( net of a tax benefit of approximately $ 0.2 million ) in other comprehensive loss for the change in fair value of cash flow hedges and reclassified $ 5.9 million ( net of a tax benefit of approximately $ 3.2 million ) into results of operations . during the year ended december 31 , 2002 , the company recorded an unrealized loss of approximately $ 9.1 million ( net of a tax benefit of approximately $ 4.9 million ) in other comprehensive loss for the change in fair value of cash flow hedges and reclassified $ 19.5 million ( net of a tax benefit of approximately $ 10.5 million ) into results of operations . hedge ineffectiveness resulted in a gain of approximately $ 1.0 million for the year ended december 31 , 2002 , which is recorded in other expense in the accompanying consolidated statement of operations . the company records the changes in fair value of its derivative instruments that are not accounted for as hedges in other expense . the company did not reclassify any derivative losses into its statement of operations for the year ended december 31 , 2004 and does not anticipate reclassifying any derivative losses into its statement of operations within the next twelve months , as there are no amounts included in other comprehensive loss as of december 31 , 2004 . 8 . commitments and contingencies lease obligations 2014the company leases certain land , office and tower space under operating leases that expire over various terms . many of the leases contain renewal options with specified increases in lease payments upon exercise of the renewal option . escalation clauses present in operating leases , excluding those tied to cpi or other inflation-based indices , are straight-lined over the term of the lease . ( see note 1. ) future minimum rental payments under non-cancelable operating leases include payments for certain renewal periods at the company 2019s option because failure to renew could result in a loss of the applicable tower site and related revenues from tenant leases , thereby making it reasonably assured that the company will renew the lease . such payments in effect at december 31 , 2004 are as follows ( in thousands ) : year ending december 31 . <table class='wikitable'><tr><td>1</td><td>2005</td><td>$ 106116</td></tr><tr><td>2</td><td>2006</td><td>106319</td></tr><tr><td>3</td><td>2007</td><td>106095</td></tr><tr><td>4</td><td>2008</td><td>106191</td></tr><tr><td>5</td><td>2009</td><td>106214</td></tr><tr><td>6</td><td>thereafter</td><td>1570111</td></tr><tr><td>7</td><td>total</td><td>$ 2101046</td></tr></table> aggregate rent expense ( including the effect of straight-line rent expense ) under operating leases for the years ended december 31 , 2004 , 2003 and 2002 approximated $ 118741000 , $ 113956000 , and $ 109644000 , respectively. .
Question: what was the total rent expense in the years of 2004 and 2003?
Answer: 232697000.0
Question: and what was the rent expense in 2002?
| 109644000.0 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
Organize your response with headings for the answer and reasons. |
cross-border outstandings to countries in which we do business which amounted to at least 1% ( 1 % ) of our consolidated total assets were as follows as of december 31 : 2007 2006 2005 ( in millions ) . <table class='wikitable'><tr><td>1</td><td>( in millions )</td><td>2007</td><td>2006</td><td>2005</td></tr><tr><td>2</td><td>united kingdom</td><td>$ 5951</td><td>$ 5531</td><td>$ 2696</td></tr><tr><td>3</td><td>canada</td><td>4565</td><td>2014</td><td>1463</td></tr><tr><td>4</td><td>australia</td><td>3567</td><td>1519</td><td>1441</td></tr><tr><td>5</td><td>netherlands</td><td>2014</td><td>2014</td><td>992</td></tr><tr><td>6</td><td>germany</td><td>2944</td><td>2696</td><td>4217</td></tr><tr><td>7</td><td>total cross-border outstandings</td><td>$ 17027</td><td>$ 9746</td><td>$ 10809</td></tr></table> the total cross-border outstandings presented in the table represented 12% ( 12 % ) , 9% ( 9 % ) and 11% ( 11 % ) of our consolidated total assets as of december 31 , 2007 , 2006 and 2005 , respectively . there were no cross- border outstandings to countries which totaled between .75% ( .75 % ) and 1% ( 1 % ) of our consolidated total assets as of december 31 , 2007 . aggregate cross-border outstandings to countries which totaled between .75% ( .75 % ) and 1% ( 1 % ) of our consolidated total assets at december 31 , 2006 , amounted to $ 1.05 billion ( canada ) and at december 31 , 2005 , amounted to $ 1.86 billion ( belgium and japan ) . capital regulatory and economic capital management both use key metrics evaluated by management to ensure that our actual level of capital is commensurate with our risk profile , is in compliance with all regulatory requirements , and is sufficient to provide us with the financial flexibility to undertake future strategic business initiatives . regulatory capital our objective with respect to regulatory capital management is to maintain a strong capital base in order to provide financial flexibility for our business needs , including funding corporate growth and supporting customers 2019 cash management needs , and to provide protection against loss to depositors and creditors . we strive to maintain an optimal level of capital , commensurate with our risk profile , on which an attractive return to shareholders will be realized over both the short and long term , while protecting our obligations to depositors and creditors and satisfying regulatory requirements . our capital management process focuses on our risk exposures , our capital position relative to our peers , regulatory capital requirements and the evaluations of the major independent credit rating agencies that assign ratings to our public debt . the capital committee , working in conjunction with the asset and liability committee , referred to as 2018 2018alco , 2019 2019 oversees the management of regulatory capital , and is responsible for ensuring capital adequacy with respect to regulatory requirements , internal targets and the expectations of the major independent credit rating agencies . the primary regulator of both state street and state street bank for regulatory capital purposes is the federal reserve board . both state street and state street bank are subject to the minimum capital requirements established by the federal reserve board and defined in the federal deposit insurance corporation improvement act of 1991 . state street bank must meet the regulatory capital thresholds for 2018 2018well capitalized 2019 2019 in order for the parent company to maintain its status as a financial holding company. .
Question: what was the total of cross-border outstandings in the uk in 2007, in millions?
Answer: 5951.0
Question: and what was it in 2006, also in millions?
Answer: 5531.0
Question: what was, then, in millions, the change in cross-border outstandings in the uk from 2006 to 2007?
Answer: 420.0
Question: how much does that change represent, in percentage, in relation to the 2006 amount?
| 0.07594 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
Organize your response with headings for the answer and reasons. |
other expense , net : the company's other expense consists of the following: . <table class='wikitable'><tr><td>1</td><td>( in thousands )</td><td>year ended december 31 , 2013</td><td>year ended december 31 , 2012</td></tr><tr><td>2</td><td>foreign currency losses net</td><td>$ -1115 ( 1115 )</td><td>$ -1401 ( 1401 )</td></tr><tr><td>3</td><td>other income ( expense ) net</td><td>69</td><td>-4 ( 4 )</td></tr><tr><td>4</td><td>total other expense net</td><td>$ -1046 ( 1046 )</td><td>$ -1405 ( 1405 )</td></tr></table> income tax provision : the company recorded income tax expense of $ 77.2 million and had income before income taxes of $ 322.5 million for the year ended december 31 , 2013 , representing an effective tax rate of 23.9% ( 23.9 % ) . during the year ended december 31 , 2012 , the company recorded income tax expense of $ 90.1 million and had income before income taxes of $ 293.5 million , representing an effective tax rate of 30.7% ( 30.7 % ) . in december 2013 , the company received notice from the irs that the joint committee on taxation took no exception to the company's tax returns that were filed for 2009 and 2010 . an $ 11.0 million tax benefit was recognized in the company's 2013 financial results as the company had effectively settled uncertainty regarding the realization of refund claims filed in connection with the 2009 and 2010 returns . in the u.s. , which is the largest jurisdiction where the company receives such a tax credit , the availability of the research and development credit expired at the end of the 2011 tax year . in january 2013 , the u.s . congress passed legislation that reinstated the research and development credit retroactive to 2012 . the income tax provision for the year ended december 31 , 2013 includes approximately $ 2.3 million related to the reinstated research and development credit for 2012 activity . the decrease in the effective tax rate from the prior year is primarily due to the release of an uncertain tax position mentioned above , the reinstatement of the u.s . research and development credit mentioned above , and cash repatriation activities . when compared to the federal and state combined statutory rate , the effective tax rates for the years ended december 31 , 2013 and 2012 were favorably impacted by lower statutory tax rates in many of the company 2019s foreign jurisdictions , the domestic manufacturing deduction and tax benefits associated with the merger of the company 2019s japan subsidiaries in 2010 . net income : the company 2019s net income for the year ended december 31 , 2013 was $ 245.3 million as compared to net income of $ 203.5 million for the year ended december 31 , 2012 . diluted earnings per share was $ 2.58 for the year ended december 31 , 2013 and $ 2.14 for the year ended december 31 , 2012 . the weighted average shares used in computing diluted earnings per share were 95.1 million and 95.0 million for the years ended december 31 , 2013 and 2012 , respectively . table of contents .
Question: what was the net change in value of net income from 2012 to 2013?
| 41.8 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
Organize your response with headings for the answer and reasons. |
other taxes decreased in 2001 because its utility operations in virginia became subject to state income taxes in lieu of gross receipts taxes effective january 2001 . in addition , dominion recognized higher effective rates for foreign earnings and higher pretax income in relation to non-conventional fuel tax credits realized . dominion energy 2002 2001 2000 ( millions , except per share amounts ) . <table class='wikitable'><tr><td>1</td><td>( millions except pershare amounts )</td><td>2002</td><td>2001</td><td>2000</td></tr><tr><td>2</td><td>operating revenue</td><td>$ 5940</td><td>$ 6144</td><td>$ 4894</td></tr><tr><td>3</td><td>operating expenses</td><td>4520</td><td>4749</td><td>3939</td></tr><tr><td>4</td><td>net income contribution</td><td>770</td><td>723</td><td>489</td></tr><tr><td>5</td><td>earnings per share contribution</td><td>$ 2.72</td><td>$ 2.86</td><td>$ 2.07</td></tr><tr><td>6</td><td>electricity supplied* ( million mwhrs )</td><td>101</td><td>95</td><td>83</td></tr><tr><td>7</td><td>gas transmission throughput ( bcf )</td><td>597</td><td>553</td><td>567</td></tr></table> * amounts presented are for electricity supplied by utility and merchant generation operations . operating results 2014 2002 dominion energy contributed $ 2.72 per diluted share on net income of $ 770 million for 2002 , a net income increase of $ 47 million and an earnings per share decrease of $ 0.14 over 2001 . net income for 2002 reflected lower operating revenue ( $ 204 million ) , operating expenses ( $ 229 million ) and other income ( $ 27 million ) . interest expense and income taxes , which are discussed on a consolidated basis , decreased $ 50 million over 2001 . the earnings per share decrease reflected share dilution . regulated electric sales revenue increased $ 179 million . favorable weather conditions , reflecting increased cooling and heating degree-days , as well as customer growth , are estimated to have contributed $ 133 million and $ 41 million , respectively . fuel rate recoveries increased approximately $ 65 million for 2002 . these recoveries are generally offset by increases in elec- tric fuel expense and do not materially affect income . partially offsetting these increases was a net decrease of $ 60 million due to other factors not separately measurable , such as the impact of economic conditions on customer usage , as well as variations in seasonal rate premiums and discounts . nonregulated electric sales revenue increased $ 9 million . sales revenue from dominion 2019s merchant generation fleet decreased $ 21 million , reflecting a $ 201 million decline due to lower prices partially offset by sales from assets acquired and constructed in 2002 and the inclusion of millstone operations for all of 2002 . revenue from the wholesale marketing of utility generation decreased $ 74 million . due to the higher demand of utility service territory customers during 2002 , less production from utility plant generation was available for profitable sale in the wholesale market . revenue from retail energy sales increased $ 71 million , reflecting primarily customer growth over the prior year . net revenue from dominion 2019s electric trading activities increased $ 33 million , reflecting the effect of favorable price changes on unsettled contracts and higher trading margins . nonregulated gas sales revenue decreased $ 351 million . the decrease included a $ 239 million decrease in sales by dominion 2019s field services and retail energy marketing opera- tions , reflecting to a large extent declining prices . revenue associated with gas trading operations , net of related cost of sales , decreased $ 112 million . the decrease included $ 70 mil- lion of realized and unrealized losses on the economic hedges of natural gas production by the dominion exploration & pro- duction segment . as described below under selected information 2014 energy trading activities , sales of natural gas by the dominion exploration & production segment at market prices offset these financial losses , resulting in a range of prices contemplated by dominion 2019s overall risk management strategy . the remaining $ 42 million decrease was due to unfavorable price changes on unsettled contracts and lower overall trading margins . those losses were partially offset by contributions from higher trading volumes in gas and oil markets . gas transportation and storage revenue decreased $ 44 million , primarily reflecting lower rates . electric fuel and energy purchases expense increased $ 94 million which included an increase of $ 66 million associated with dominion 2019s energy marketing operations that are not sub- ject to cost-based rate regulation and an increase of $ 28 million associated with utility operations . substantially all of the increase associated with non-regulated energy marketing opera- tions related to higher volumes purchased during the year . for utility operations , energy costs increased $ 66 million for pur- chases subject to rate recovery , partially offset by a $ 38 million decrease in fuel expenses associated with lower wholesale mar- keting of utility plant generation . purchased gas expense decreased $ 245 million associated with dominion 2019s field services and retail energy marketing oper- ations . this decrease reflected approximately $ 162 million asso- ciated with declining prices and $ 83 million associated with lower purchased volumes . liquids , pipeline capacity and other purchases decreased $ 64 million , primarily reflecting comparably lower levels of rate recoveries of certain costs of transmission operations in the cur- rent year period . the difference between actual expenses and amounts recovered in the period are deferred pending future rate adjustments . other operations and maintenance expense decreased $ 14 million , primarily reflecting an $ 18 million decrease in outage costs due to fewer generation unit outages in the current year . depreciation expense decreased $ 11 million , reflecting decreases in depreciation associated with changes in the esti- mated useful lives of certain electric generation property , par- tially offset by increased depreciation associated with state line and millstone operations . other income decreased $ 27 million , including a $ 14 mil- lion decrease in net realized investment gains in the millstone 37d o m i n i o n 2019 0 2 a n n u a l r e p o r t .
Question: what was operating revenue in 2001?
Answer: 6144.0
Question: what was it in 2000?
| 4894.0 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
Organize your response with headings for the answer and reasons. |
stock performance graph : the graph below shows the cumulative total shareholder return assuming the investment of $ 100 , on december 31 , 2013 , and the reinvestment of dividends thereafter , if any , in the company 2019s common stock versus the standard and poor 2019s s&p 500 retail index ( 201cs&p 500 retail index 201d ) and the standard and poor 2019s s&p 500 index ( 201cs&p 500 201d ) . . <table class='wikitable'><tr><td>1</td><td>company/index</td><td>december 31 , 2013</td><td>december 31 , 2014</td><td>december 31 , 2015</td><td>december 31 , 2016</td><td>december 31 , 2017</td><td>december 31 , 2018</td></tr><tr><td>2</td><td>o 2019reilly automotive inc .</td><td>$ 100</td><td>$ 150</td><td>$ 197</td><td>$ 216</td><td>$ 187</td><td>$ 268</td></tr><tr><td>3</td><td>s&p 500 retail index</td><td>100</td><td>110</td><td>137</td><td>143</td><td>184</td><td>208</td></tr><tr><td>4</td><td>s&p 500</td><td>$ 100</td><td>$ 111</td><td>$ 111</td><td>$ 121</td><td>$ 145</td><td>$ 136</td></tr></table> .
Question: what was the value of s&p500 in 2017?
Answer: 145.0
Question: and what was it in 2013?
| 100.0 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
Organize your response with headings for the answer and reasons. |
expected durations of less than one year . the company generally offers a twelve-month warranty for its products . the company 2019s warranty policy provides for replacement of defective products . specific accruals are recorded forff known product warranty issues . transaction price : the transaction price reflects the company 2019s expectations about the consideration it will be entitled to receive from the customer and may include fixed or variable amounts . fixed consideration primarily includes sales to direct customers and sales to distributors in which both the sale to the distributor and the sale to the end customer occur within the same reporting period . variable consideration includes sales in which the amount of consideration that the company will receive is unknown as of the end of a reporting period . such consideration primarily includes credits issued to the distributor due to price protection and sales made to distributors under agreements that allow certain rights of return , referred to as stock rotation . price protection represents price discounts granted to certain distributors to allow the distributor to earn an appropriate margin on sales negotiated with certain customers and in the event of a price decrease subsequent to the date the product was shipped and billed to the distributor . stock rotation allows distributors limited levels of returns in order to reduce the amounts of slow-moving , discontinued or obsolete product from their inventory . a liability for distributor credits covering variable consideration is made based on the company's estimate of historical experience rates as well as considering economic conditions and contractual terms . to date , actual distributor claims activity has been materially consistent with the provisions the company has made based on its historical estimates . for the years ended november 2 , 2019 and november 3 , 2018 , sales to distributors were $ 3.4 billion in both periods , net of variable consideration for which the liability balances as of november 2 , 2019 and november 3 , 2018 were $ 227.0 million and $ 144.9 million , respectively . contract balances : accounts receivable represents the company 2019s unconditional right to receive consideration from its customers . payments are typically due within 30 to 45 days of invoicing and do not include a significant financing component . to date , there have been no material impairment losses on accounts receivable . there were no material contract assets or contract liabilities recorded on the consolidated balance sheets in any of the periods presented . the company generally warrants that products will meet their published specifications and that the company will repair or replace defective products for twelve-months from the date title passes to the customer . specific accruals are recorded for known product warranty issues . product warranty expenses during fiscal 2019 , fiscal 2018 and fiscal 2017 were not material . o . accumulated other compcc rehensive ( loss ) income accumulated other comprehensive ( loss ) income ( aoci ) includes certain transactions that have generally been reported in the consolidated statement of shareholders 2019 equity . the components of aoci at november 2 , 2019 and november 3 , 2018 consisted of the following , net of tax : foreign currency translation adjustment unrealized holding gains ( losses ) on available for sale securities unrealized holding ( losses ) on derivatives pension plans total . <table class='wikitable'><tr><td>1</td><td>-</td><td>foreign currency translation adjustment</td><td>unrealized holding gains ( losses ) on available for sale securities</td><td>unrealized holding gains ( losses ) on derivatives</td><td>pension plans</td><td>total</td></tr><tr><td>2</td><td>november 3 2018</td><td>$ -28711 ( 28711 )</td><td>$ -10 ( 10 )</td><td>$ -14355 ( 14355 )</td><td>$ -15364 ( 15364 )</td><td>$ -58440 ( 58440 )</td></tr><tr><td>3</td><td>other comprehensive ( loss ) income before reclassifications</td><td>-1365 ( 1365 )</td><td>10</td><td>-140728 ( 140728 )</td><td>-31082 ( 31082 )</td><td>-173165 ( 173165 )</td></tr><tr><td>4</td><td>amounts reclassified out of other comprehensive loss</td><td>2014</td><td>2014</td><td>9185</td><td>1004</td><td>10189</td></tr><tr><td>5</td><td>tax effects</td><td>2014</td><td>2014</td><td>27883</td><td>5734</td><td>33617</td></tr><tr><td>6</td><td>other comprehensive ( loss ) income</td><td>-1365 ( 1365 )</td><td>10</td><td>-103660 ( 103660 )</td><td>-24344 ( 24344 )</td><td>-129359 ( 129359 )</td></tr><tr><td>7</td><td>november 2 2019</td><td>$ -30076 ( 30076 )</td><td>$ 2014</td><td>$ -118015 ( 118015 )</td><td>$ -39708 ( 39708 )</td><td>$ -187799 ( 187799 )</td></tr></table> november 2 , 2019 $ ( 30076 ) $ 2014 $ ( 118015 ) $ ( 39708 ) $ ( 187799 ) ( ) ( ) ( ) ( ) ( ) ( ) ( ) ( ) analog devices , inc . notes to consolidated financial statements 2014 ( continued ) .
Question: what is the liability balance in 2019?
Answer: 227.0
Question: what about in 2018?
Answer: 144.9
Question: what is the net change?
Answer: 82.1
Question: what percentage change does this represent?
| 0.5666 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
Organize your response with headings for the answer and reasons. |
although many clients use both active and passive strategies , the application of these strategies differs greatly . for example , clients may use index products to gain exposure to a market or asset class pending reallocation to an active manager . this has the effect of increasing turnover of index aum . in addition , institutional non-etp 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 2012 equity aum of $ 1.845 trillion increased by $ 285.4 billion , or 18% ( 18 % ) , from the end of 2011 , largely due to flows into regional , country-specific and global mandates and the effect of higher market valuations . equity aum growth included $ 54.0 billion in net new business and $ 3.6 billion in new assets related to the acquisition of claymore . net new business of $ 54.0 billion was driven by net inflows of $ 53.0 billion and $ 19.1 billion into ishares and non-etp index accounts , respectively . passive inflows were offset by active net outflows of $ 18.1 billion , with net outflows of $ 10.0 billion and $ 8.1 billion from fundamental and scientific active equity products , respectively . passive strategies represented 84% ( 84 % ) of equity aum with the remaining 16% ( 16 % ) in active mandates . institutional investors represented 62% ( 62 % ) of equity aum , while ishares , and retail and hnw represented 29% ( 29 % ) and 9% ( 9 % ) , respectively . at year-end 2012 , 63% ( 63 % ) of equity aum was managed for clients in the americas ( defined as the united states , caribbean , canada , latin america and iberia ) compared with 28% ( 28 % ) and 9% ( 9 % ) managed for clients in emea and asia-pacific , respectively . blackrock 2019s effective fee rates fluctuate due to changes in aum mix . 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 tandem with u.s . markets , may have a greater impact on blackrock 2019s effective equity fee rates and revenues . fixed income fixed income aum ended 2012 at $ 1.259 trillion , rising $ 11.6 billion , or 1% ( 1 % ) , relative to december 31 , 2011 . growth in aum reflected $ 43.3 billion in net new business , excluding the two large previously mentioned low-fee outflows , $ 75.4 billion in market and foreign exchange gains and $ 3.0 billion in new assets related to claymore . net new business was led by flows into domestic specialty and global bond mandates , with net inflows of $ 28.8 billion , $ 13.6 billion and $ 3.1 billion into ishares , non-etp index and model-based products , respectively , partially offset by net outflows of $ 2.2 billion from fundamental strategies . fixed income aum was split between passive and active strategies with 48% ( 48 % ) and 52% ( 52 % ) , respectively . institutional investors represented 74% ( 74 % ) of fixed income aum while ishares and retail and hnw represented 15% ( 15 % ) and 11% ( 11 % ) , respectively . at year-end 2012 , 59% ( 59 % ) of fixed income aum was managed for clients in the americas compared with 33% ( 33 % ) and 8% ( 8 % ) managed for clients in emea and asia- pacific , respectively . multi-asset class component changes in multi-asset class aum ( dollar amounts in millions ) 12/31/2011 net new business acquired market /fx app ( dep ) 12/31/2012 . <table class='wikitable'><tr><td>1</td><td>( dollar amounts in millions )</td><td>12/31/2011</td><td>net new business</td><td>net acquired</td><td>market /fx app ( dep )</td><td>12/31/2012</td></tr><tr><td>2</td><td>asset allocation</td><td>$ 126067</td><td>$ 1575</td><td>$ 78</td><td>$ 12440</td><td>$ 140160</td></tr><tr><td>3</td><td>target date/risk</td><td>49063</td><td>14526</td><td>2014</td><td>6295</td><td>69884</td></tr><tr><td>4</td><td>fiduciary</td><td>50040</td><td>-284 ( 284 )</td><td>2014</td><td>7948</td><td>57704</td></tr><tr><td>5</td><td>multi-asset</td><td>$ 225170</td><td>$ 15817</td><td>$ 78</td><td>$ 26683</td><td>$ 267748</td></tr></table> multi-asset class aum totaled $ 267.7 billion at year-end 2012 , up 19% ( 19 % ) , or $ 42.6 billion , reflecting $ 15.8 billion in net new business and $ 26.7 billion in portfolio valuation gains . blackrock 2019s multi-asset class team manages a variety of 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 . at december 31 , 2012 , institutional investors represented 66% ( 66 % ) of multi-asset class aum , while retail and hnw accounted for the remaining aum . additionally , 58% ( 58 % ) of multi-asset class aum is managed for clients based in the americas with 37% ( 37 % ) and 5% ( 5 % ) managed for clients in emea and asia-pacific , respectively . flows reflected ongoing institutional demand for our advice in an increasingly .
Question: what was the multi-asset value in 2012?
| 267748.0 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
Organize your response with headings for the answer and reasons. |
american tower corporation and subsidiaries notes to consolidated financial statements 2014 ( continued ) the company has selected december 1 as the date to perform its annual impairment test . in performing its 2005 and 2004 testing , the company completed an internal appraisal and estimated the fair value of the rental and management reporting unit that contains goodwill utilizing future discounted cash flows and market information . based on the appraisals performed , the company determined that goodwill in its rental and management segment was not impaired . the company 2019s other intangible assets subject to amortization consist of the following as of december 31 , ( in thousands ) : . <table class='wikitable'><tr><td>1</td><td>-</td><td>2005</td><td>2004</td></tr><tr><td>2</td><td>acquired customer base and network location intangibles</td><td>$ 2606546</td><td>$ 1369607</td></tr><tr><td>3</td><td>deferred financing costs</td><td>65623</td><td>89736</td></tr><tr><td>4</td><td>acquired licenses and other intangibles</td><td>51703</td><td>43404</td></tr><tr><td>5</td><td>total</td><td>2723872</td><td>1502747</td></tr><tr><td>6</td><td>less accumulated amortization</td><td>-646560 ( 646560 )</td><td>-517444 ( 517444 )</td></tr><tr><td>7</td><td>other intangible assets net</td><td>$ 2077312</td><td>$ 985303</td></tr></table> the company amortizes its intangible assets over periods ranging from three to fifteen years . amortization of intangible assets for the years ended december 31 , 2005 and 2004 aggregated approximately $ 136.0 million and $ 97.8 million , respectively ( excluding amortization of deferred financing costs , which is included in interest expense ) . the company expects to record amortization expense of approximately $ 183.6 million , $ 178.3 million , $ 174.4 million , $ 172.7 million and $ 170.3 million , for the years ended december 31 , 2006 , 2007 , 2008 , 2009 and 2010 , respectively . these amounts are subject to changes in estimates until the preliminary allocation of the spectrasite purchase price is finalized . 6 . notes receivable in 2000 , the company loaned tv azteca , s.a . de c.v . ( tv azteca ) , the owner of a major national television network in mexico , $ 119.8 million . the loan , which initially bore interest at 12.87% ( 12.87 % ) , payable quarterly , was discounted by the company , as the fair value interest rate at the date of the loan was determined to be 14.25% ( 14.25 % ) . the loan was amended effective january 1 , 2003 to increase the original interest rate to 13.11% ( 13.11 % ) . as of december 31 , 2005 and 2004 , approximately $ 119.8 million undiscounted ( $ 108.2 million discounted ) under the loan was outstanding and included in notes receivable and other long-term assets in the accompanying consolidated balance sheets . the term of the loan is seventy years ; however , the loan may be prepaid by tv azteca without penalty during the last fifty years of the agreement . the discount on the loan is being amortized to interest income 2014tv azteca , net , using the effective interest method over the seventy-year term of the loan . simultaneous with the signing of the loan agreement , the company also entered into a seventy year economic rights agreement with tv azteca regarding space not used by tv azteca on approximately 190 of its broadcast towers . in exchange for the issuance of the below market interest rate loan discussed above and the annual payment of $ 1.5 million to tv azteca ( under the economic rights agreement ) , the company has the right to market and lease the unused tower space on the broadcast towers ( the economic rights ) . tv azteca retains title to these towers and is responsible for their operation and maintenance . the company is entitled to 100% ( 100 % ) of the revenues generated from leases with tenants on the unused space and is responsible for any incremental operating expenses associated with those tenants. .
Question: what was the total intangibles in 2005?
Answer: 2723872.0
Question: and in 2004?
| 1502747.0 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
Organize your response with headings for the answer and reasons. |
the graph below shows a five-year comparison of the cumulative shareholder return on our common stock with the cumulative total return of the standard & poor 2019s ( s&p ) mid cap 400 index and the russell 1000 index , both of which are published indices . comparison of five-year cumulative total return from december 31 , 2011 to december 31 , 2016 assumes $ 100 invested with reinvestment of dividends period indexed returns . <table class='wikitable'><tr><td>1</td><td>company/index</td><td>baseperiod 12/31/11</td><td>baseperiod 12/31/12</td><td>baseperiod 12/31/13</td><td>baseperiod 12/31/14</td><td>baseperiod 12/31/15</td><td>12/31/16</td></tr><tr><td>2</td><td>a . o . smith corporation</td><td>100.0</td><td>159.5</td><td>275.8</td><td>292.0</td><td>401.0</td><td>501.4</td></tr><tr><td>3</td><td>s&p mid cap 400 index</td><td>100.0</td><td>117.9</td><td>157.4</td><td>172.8</td><td>169.0</td><td>204.1</td></tr><tr><td>4</td><td>russell 1000 index</td><td>100.0</td><td>116.4</td><td>155.0</td><td>175.4</td><td>177.0</td><td>198.4</td></tr></table> 2011 2012 2013 2014 2015 2016 smith ( a o ) corp s&p midcap 400 index russell 1000 index .
Question: what was the net change in price for a.o. smith corp from 2011 to 2016?
| 401.4 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
Organize your response with headings for the answer and reasons. |
segment includes awe and our share of earnings for our investment in ula , which provides expendable launch services to the u.s . government . space systems 2019 operating results included the following ( in millions ) : . <table class='wikitable'><tr><td>1</td><td>-</td><td>2016</td><td>2015</td><td>2014</td></tr><tr><td>2</td><td>net sales</td><td>$ 9409</td><td>$ 9105</td><td>$ 9202</td></tr><tr><td>3</td><td>operating profit</td><td>1289</td><td>1171</td><td>1187</td></tr><tr><td>4</td><td>operating margin</td><td>13.7% ( 13.7 % )</td><td>12.9% ( 12.9 % )</td><td>12.9% ( 12.9 % )</td></tr><tr><td>5</td><td>backlog atyear-end</td><td>$ 18900</td><td>$ 17400</td><td>$ 20300</td></tr></table> 2016 compared to 2015 space systems 2019 net sales in 2016 increased $ 304 million , or 3% ( 3 % ) , compared to 2015 . the increase was attributable to net sales of approximately $ 410 million from awe following the consolidation of this business in the third quarter of 2016 ; and approximately $ 150 million for commercial space transportation programs due to increased launch-related activities ; and approximately $ 70 million of higher net sales for various programs ( primarily fleet ballistic missiles ) due to increased volume . these increases were partially offset by a decrease in net sales of approximately $ 340 million for government satellite programs due to decreased volume ( primarily sbirs and muos ) and the wind-down or completion of mission solutions programs . space systems 2019 operating profit in 2016 increased $ 118 million , or 10% ( 10 % ) , compared to 2015 . the increase was primarily attributable to a non-cash , pre-tax gain of approximately $ 127 million related to the consolidation of awe ; and approximately $ 80 million of increased equity earnings from joint ventures ( primarily ula ) . these increases were partially offset by a decrease of approximately $ 105 million for government satellite programs due to lower risk retirements ( primarily sbirs , muos and mission solutions programs ) and decreased volume . adjustments not related to volume , including net profit booking rate adjustments , were approximately $ 185 million lower in 2016 compared to 2015 . 2015 compared to 2014 space systems 2019 net sales in 2015 decreased $ 97 million , or 1% ( 1 % ) , compared to 2014 . the decrease was attributable to approximately $ 335 million lower net sales for government satellite programs due to decreased volume ( primarily aehf ) and the wind-down or completion of mission solutions programs ; and approximately $ 55 million for strategic missile and defense systems due to lower volume . these decreases were partially offset by higher net sales of approximately $ 235 million for businesses acquired in 2014 ; and approximately $ 75 million for the orion program due to increased volume . space systems 2019 operating profit in 2015 decreased $ 16 million , or 1% ( 1 % ) , compared to 2014 . operating profit increased approximately $ 85 million for government satellite programs due primarily to increased risk retirements . this increase was offset by lower operating profit of approximately $ 65 million for commercial satellite programs due to performance matters on certain programs ; and approximately $ 35 million due to decreased equity earnings in joint ventures . adjustments not related to volume , including net profit booking rate adjustments and other matters , were approximately $ 105 million higher in 2015 compared to 2014 . equity earnings total equity earnings recognized by space systems ( primarily ula ) represented approximately $ 325 million , $ 245 million and $ 280 million , or 25% ( 25 % ) , 21% ( 21 % ) and 24% ( 24 % ) of this business segment 2019s operating profit during 2016 , 2015 and backlog backlog increased in 2016 compared to 2015 primarily due to the addition of awe 2019s backlog . backlog decreased in 2015 compared to 2014 primarily due to lower orders for government satellite programs and the orion program and higher sales on the orion program . trends we expect space systems 2019 2017 net sales to decrease in the mid-single digit percentage range as compared to 2016 , driven by program lifecycles on government satellite programs , partially offset by the recognition of awe net sales for a full year in 2017 versus a partial year in 2016 following the consolidation of awe in the third quarter of 2016 . operating profit .
Question: what was net sales in 2015?
Answer: 9105.0
Question: and in 2014?
Answer: 9202.0
Question: what was the difference between these two years?
Answer: -97.0
Question: and the specific value for 2014 again?
Answer: 9202.0
Question: so what was the change as a percentage of the original value?
| -0.01054 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
Organize your response with headings for the answer and reasons. |
notes to consolidated financial statements sumitomo mitsui financial group , inc . ( smfg ) provides the firm with credit loss protection on certain approved loan commitments ( primarily investment-grade commercial lending commitments ) . the notional amount of such loan commitments was $ 29.24 billion and $ 32.41 billion as of december 2013 and december 2012 , respectively . the credit loss protection on loan commitments provided by smfg is generally limited to 95% ( 95 % ) of the first loss the firm realizes on such commitments , up to a maximum of approximately $ 950 million . in addition , subject to the satisfaction of certain conditions , upon the firm 2019s request , smfg will provide protection for 70% ( 70 % ) of additional losses on such commitments , up to a maximum of $ 1.13 billion , of which $ 870 million and $ 300 million of protection had been provided as of december 2013 and december 2012 , respectively . the firm also uses other financial instruments to mitigate credit risks related to certain commitments not covered by smfg . these instruments primarily include credit default swaps that reference the same or similar underlying instrument or entity , or credit default swaps that reference a market index . warehouse financing . the firm provides financing to clients who warehouse financial assets . these arrangements are secured by the warehoused assets , primarily consisting of corporate loans and commercial mortgage loans . contingent and forward starting resale and securities borrowing agreements/forward starting repurchase and secured lending agreements the firm enters into resale and securities borrowing agreements and repurchase and secured lending agreements that settle at a future date , generally within three business days . the firm also enters into commitments to provide contingent financing to its clients and counterparties through resale agreements . the firm 2019s funding of these commitments depends on the satisfaction of all contractual conditions to the resale agreement and these commitments can expire unused . investment commitments the firm 2019s investment commitments consist of commitments to invest in private equity , real estate and other assets directly and through funds that the firm raises and manages . these commitments include $ 659 million and $ 872 million as of december 2013 and december 2012 , respectively , related to real estate private investments and $ 6.46 billion and $ 6.47 billion as of december 2013 and december 2012 , respectively , related to corporate and other private investments . of these amounts , $ 5.48 billion and $ 6.21 billion as of december 2013 and december 2012 , respectively , relate to commitments to invest in funds managed by the firm . if these commitments are called , they would be funded at market value on the date of investment . leases the firm has contractual obligations under long-term noncancelable lease agreements , principally for office space , expiring on various dates through 2069 . certain agreements are subject to periodic escalation provisions for increases in real estate taxes and other charges . the table below presents future minimum rental payments , net of minimum sublease rentals . in millions december 2013 . <table class='wikitable'><tr><td>1</td><td>in millions</td><td>as of december 2013</td></tr><tr><td>2</td><td>2014</td><td>$ 387</td></tr><tr><td>3</td><td>2015</td><td>340</td></tr><tr><td>4</td><td>2016</td><td>280</td></tr><tr><td>5</td><td>2017</td><td>271</td></tr><tr><td>6</td><td>2018</td><td>222</td></tr><tr><td>7</td><td>2019 - thereafter</td><td>1195</td></tr><tr><td>8</td><td>total</td><td>$ 2695</td></tr></table> rent charged to operating expense was $ 324 million for 2013 , $ 374 million for 2012 and $ 475 million for 2011 . operating leases include office space held in excess of current requirements . rent expense relating to space held for growth is included in 201coccupancy . 201d the firm records a liability , based on the fair value of the remaining lease rentals reduced by any potential or existing sublease rentals , for leases where the firm has ceased using the space and management has concluded that the firm will not derive any future economic benefits . costs to terminate a lease before the end of its term are recognized and measured at fair value on termination . contingencies legal proceedings . see note 27 for information about legal proceedings , including certain mortgage-related matters . certain mortgage-related contingencies . there are multiple areas of focus by regulators , governmental agencies and others within the mortgage market that may impact originators , issuers , servicers and investors . there remains significant uncertainty surrounding the nature and extent of any potential exposure for participants in this market . 182 goldman sachs 2013 annual report .
Question: what was the sum of rent charged to operating expense for 2012 and 2013?
| 698.0 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
Organize your response with headings for the answer and reasons. |
the significant changes from december 31 , 2008 to december 31 , 2009 in level 3 assets and liabilities are due to : a net decrease in trading securities of $ 10.8 billion that was driven by : 2022 net transfers of $ 6.5 billion , due mainly to the transfer of debt 2013 securities from level 3 to level 2 due to increased liquidity and pricing transparency ; and net settlements of $ 5.8 billion , due primarily to the liquidations of 2013 subprime securities of $ 4.1 billion . the change in net trading derivatives driven by : 2022 a net loss of $ 4.9 billion relating to complex derivative contracts , 2013 such as those linked to credit , equity and commodity exposures . these losses include both realized and unrealized losses during 2009 and are partially offset by gains recognized in instruments that have been classified in levels 1 and 2 ; and net increase in derivative assets of $ 4.3 billion , which includes cash 2013 settlements of derivative contracts in an unrealized loss position , notably those linked to subprime exposures . the decrease in level 3 investments of $ 6.9 billion primarily 2022 resulted from : a reduction of $ 5.0 billion , due mainly to paydowns on debt 2013 securities and sales of private equity investments ; the net transfer of investment securities from level 3 to level 2 2013 of $ 1.5 billion , due to increased availability of observable pricing inputs ; and net losses recognized of $ 0.4 billion due mainly to losses on non- 2013 marketable equity securities including write-downs on private equity investments . the decrease in securities sold under agreements to repurchase of 2022 $ 9.1 billion is driven by a $ 8.6 billion net transfers from level 3 to level 2 as effective maturity dates on structured repos have shortened . the decrease in long-term debt of $ 1.5 billion is driven mainly by 2022 $ 1.3 billion of net terminations of structured notes . transfers between level 1 and level 2 of the fair value hierarchy the company did not have any significant transfers of assets or liabilities between levels 1 and 2 of the fair value hierarchy during 2010 . items measured at fair value on a nonrecurring basis certain assets and liabilities are measured at fair value on a nonrecurring basis and therefore are not included in the tables above . these include assets measured at cost that have been written down to fair value during the periods as a result of an impairment . in addition , these assets include loans held-for-sale that are measured at locom that were recognized at fair value below cost at the end of the period . the fair value of loans measured on a locom basis is determined where possible using quoted secondary-market prices . such loans are generally classified as level 2 of the fair value hierarchy given the level of activity in the market and the frequency of available quotes . if no such quoted price exists , the fair value of a loan is determined using quoted prices for a similar asset or assets , adjusted for the specific attributes of that loan . the following table presents all loans held-for-sale that are carried at locom as of december 31 , 2010 and 2009 : in billions of dollars aggregate cost fair value level 2 level 3 . <table class='wikitable'><tr><td>1</td><td>in billions of dollars</td><td>aggregate cost</td><td>fair value</td><td>level 2</td><td>level 3</td></tr><tr><td>2</td><td>december 31 2010</td><td>$ 3.1</td><td>$ 2.5</td><td>$ 0.7</td><td>$ 1.8</td></tr><tr><td>3</td><td>december 31 2009</td><td>$ 2.5</td><td>$ 1.6</td><td>$ 0.3</td><td>$ 1.3</td></tr></table> .
Question: what was the total of loans held-for-sale that are carried at locom in 2010?
Answer: 2.5
Question: and what was it in 2009?
Answer: 1.6
Question: how much, then, did the 2010 total represent in relation to this 2009 one?
| 1.5625 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
Organize your response with headings for the answer and reasons. |
new term loan a facility , with the remaining unpaid principal amount of loans under the new term loan a facility due and payable in full at maturity on june 6 , 2021 . principal amounts outstanding under the new revolving loan facility are due and payable in full at maturity on june 6 , 2021 , subject to earlier repayment pursuant to the springing maturity date described above . in addition to paying interest on outstanding principal under the borrowings , we are obligated to pay a quarterly commitment fee at a rate determined by reference to a total leverage ratio , with a maximum commitment fee of 40% ( 40 % ) of the applicable margin for eurocurrency loans . in july 2016 , breakaway four , ltd. , as borrower , and nclc , as guarantor , entered into a supplemental agreement , which amended the breakaway four loan to , among other things , increase the aggregate principal amount of commitments under the multi-draw term loan credit facility from 20ac590.5 million to 20ac729.9 million . in june 2016 , we took delivery of seven seas explorer . to finance the payment due upon delivery , we had export credit financing in place for 80% ( 80 % ) of the contract price . the associated $ 373.6 million term loan bears interest at 3.43% ( 3.43 % ) with a maturity date of june 30 , 2028 . principal and interest payments shall be paid semiannually . in december 2016 , nclc issued $ 700.0 million aggregate principal amount of 4.750% ( 4.750 % ) senior unsecured notes due december 2021 ( the 201cnotes 201d ) in a private offering ( the 201coffering 201d ) at par . nclc used the net proceeds from the offering , after deducting the initial purchasers 2019 discount and estimated fees and expenses , together with cash on hand , to purchase its outstanding 5.25% ( 5.25 % ) senior notes due 2019 having an aggregate outstanding principal amount of $ 680 million . the redemption of the 5.25% ( 5.25 % ) senior notes due 2019 was completed in january 2017 . nclc will pay interest on the notes at 4.750% ( 4.750 % ) per annum , semiannually on june 15 and december 15 of each year , commencing on june 15 , 2017 , to holders of record at the close of business on the immediately preceding june 1 and december 1 , respectively . nclc may redeem the notes , in whole or part , at any time prior to december 15 , 2018 , at a price equal to 100% ( 100 % ) of the principal amount of the notes redeemed plus accrued and unpaid interest to , but not including , the redemption date and a 201cmake-whole premium . 201d nclc may redeem the notes , in whole or in part , on or after december 15 , 2018 , at the redemption prices set forth in the indenture governing the notes . at any time ( which may be more than once ) on or prior to december 15 , 2018 , nclc may choose to redeem up to 40% ( 40 % ) of the aggregate principal amount of the notes at a redemption price equal to 104.750% ( 104.750 % ) of the face amount thereof with an amount equal to the net proceeds of one or more equity offerings , so long as at least 60% ( 60 % ) of the aggregate principal amount of the notes issued remains outstanding following such redemption . the indenture governing the notes contains covenants that limit nclc 2019s ability ( and its restricted subsidiaries 2019 ability ) to , among other things : ( i ) incur or guarantee additional indebtedness or issue certain preferred shares ; ( ii ) pay dividends and make certain other restricted payments ; ( iii ) create restrictions on the payment of dividends or other distributions to nclc from its restricted subsidiaries ; ( iv ) create liens on certain assets to secure debt ; ( v ) make certain investments ; ( vi ) engage in transactions with affiliates ; ( vii ) engage in sales of assets and subsidiary stock ; and ( viii ) transfer all or substantially all of its assets or enter into merger or consolidation transactions . the indenture governing the notes also provides for events of default , which , if any of them occurs , would permit or require the principal , premium ( if any ) , interest and other monetary obligations on all of the then-outstanding notes to become due and payable immediately . interest expense , net for the year ended december 31 , 2016 was $ 276.9 million which included $ 34.7 million of amortization of deferred financing fees and a $ 27.7 million loss on extinguishment of debt . interest expense , net for the year ended december 31 , 2015 was $ 221.9 million which included $ 36.7 million of amortization of deferred financing fees and a $ 12.7 million loss on extinguishment of debt . interest expense , net for the year ended december 31 , 2014 was $ 151.8 million which included $ 32.3 million of amortization of deferred financing fees and $ 15.4 million of expenses related to financing transactions in connection with the acquisition of prestige . certain of our debt agreements contain covenants that , among other things , require us to maintain a minimum level of liquidity , as well as limit our net funded debt-to-capital ratio , maintain certain other ratios and restrict our ability to pay dividends . substantially all of our ships and other property and equipment are pledged as collateral for certain of our debt . we believe we were in compliance with these covenants as of december 31 , 2016 . the following are scheduled principal repayments on long-term debt including capital lease obligations as of december 31 , 2016 for each of the next five years ( in thousands ) : . <table class='wikitable'><tr><td>1</td><td>year</td><td>amount</td></tr><tr><td>2</td><td>2017</td><td>$ 560193</td></tr><tr><td>3</td><td>2018</td><td>554846</td></tr><tr><td>4</td><td>2019</td><td>561687</td></tr><tr><td>5</td><td>2020</td><td>1153733</td></tr><tr><td>6</td><td>2021</td><td>2193823</td></tr><tr><td>7</td><td>thereafter</td><td>1490322</td></tr><tr><td>8</td><td>total</td><td>$ 6514604</td></tr></table> we had an accrued interest liability of $ 32.5 million and $ 34.2 million as of december 31 , 2016 and 2015 , respectively. .
Question: what is the balance of accrued interest liability in 2016?
Answer: 32.5
Question: what about in 2015?
Answer: 34.2
Question: what is the change in the balance of accrued interest liability?
Answer: -1.7
Question: what percentage change does this represent?
| -0.04971 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
Organize your response with headings for the answer and reasons. |
entergy arkansas , inc . management's financial discussion and analysis fuel and purchased power expenses increased primarily due to increased recovery of deferred fuel and purchased power costs primarily due to an increase in april 2004 in the energy cost recovery rider and the true-ups to the 2003 and 2002 energy cost recovery rider filings . other regulatory credits decreased primarily due to the over-recovery of grand gulf costs due to an increase in the grand gulf rider effective january 2004 . 2003 compared to 2002 net revenue , which is entergy arkansas' measure of gross margin , consists of operating revenues net of : 1 ) fuel , fuel-related , and purchased power expenses and 2 ) other regulatory credits . following is an analysis of the change in net revenue comparing 2003 to 2002. . <table class='wikitable'><tr><td>1</td><td>-</td><td>( in millions )</td></tr><tr><td>2</td><td>2002 net revenue</td><td>$ 1095.9</td></tr><tr><td>3</td><td>march 2002 settlement agreement</td><td>-154.0 ( 154.0 )</td></tr><tr><td>4</td><td>volume/weather</td><td>-7.7 ( 7.7 )</td></tr><tr><td>5</td><td>asset retirement obligation</td><td>30.1</td></tr><tr><td>6</td><td>net wholesale revenue</td><td>16.6</td></tr><tr><td>7</td><td>deferred fuel cost revisions</td><td>10.2</td></tr><tr><td>8</td><td>other</td><td>7.6</td></tr><tr><td>9</td><td>2003 net revenue</td><td>$ 998.7</td></tr></table> the march 2002 settlement agreement resolved a request for recovery of ice storm costs incurred in december 2000 with an offset of those costs for funds contributed to pay for future stranded costs . a 1997 settlement provided for the collection of earnings in excess of an 11% ( 11 % ) return on equity in a transition cost account ( tca ) to offset stranded costs if retail open access were implemented . in mid- and late december 2000 , two separate ice storms left 226000 and 212500 entergy arkansas customers , respectively , without electric power in its service area . entergy arkansas filed a proposal to recover costs plus carrying charges associated with power restoration caused by the ice storms . entergy arkansas' final storm damage cost determination reflected costs of approximately $ 195 million . the apsc approved a settlement agreement submitted in march 2002 by entergy arkansas , the apsc staff , and the arkansas attorney general . in the march 2002 settlement , the parties agreed that $ 153 million of the ice storm costs would be classified as incremental ice storm expenses that can be offset against the tca on a rate class basis , and any excess of ice storm costs over the amount available in the tca would be deferred and amortized over 30 years , although such excess costs were not allowed to be included as a separate component of rate base . the allocated ice storm expenses exceeded the available tca funds by $ 15.8 million which was recorded as a regulatory asset in june 2002 . in accordance with the settlement agreement and following the apsc's approval of the 2001 earnings review related to the tca , entergy arkansas filed to return $ 18.1 million of the tca to certain large general service class customers that paid more into the tca than their allocation of storm costs . the apsc approved the return of funds to the large general service customer class in the form of refund checks in august 2002 . as part of the implementation of the march 2002 settlement agreement provisions , the tca procedure ceased with the 2001 earnings evaluation . of the remaining ice storm costs , $ 32.2 million was addressed through established ratemaking procedures , including $ 22.2 million classified as capital additions , while $ 3.8 million of the ice storm costs was not recovered through rates . the effect on net income of the march 2002 settlement agreement and 2001 earnings review was a $ 2.2 million increase in 2003 , because the decrease in net revenue was offset by the decrease in operation and maintenance expenses discussed below. .
Question: what was the change in net revenue for entergy arkansas , inc. from 2002 to 2003, in millions?
| -97.2 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
Organize your response with headings for the answer and reasons. |
mastercard incorporated notes to consolidated financial statements 2014 ( continued ) ( in thousands , except percent and per share data ) upon termination of employment , excluding retirement , all of a participant 2019s unvested awards are forfeited . however , when a participant terminates employment due to retirement , the participant generally retains all of their awards without providing additional service to the company . eligible retirement is dependent upon age and years of service , as follows : age 55 with ten years of service , age 60 with five years of service and age 65 with two years of service . compensation expense is recognized over the shorter of the vesting periods stated in the ltip , or the date the individual becomes eligible to retire . there are 11550 shares of class a common stock reserved for equity awards under the ltip . although the ltip permits the issuance of shares of class b common stock , no such shares have been reserved for issuance . shares issued as a result of option exercises and the conversions of rsus are expected to be funded with the issuance of new shares of class a common stock . stock options the fair value of each option is estimated on the date of grant using a black-scholes option pricing model . the following table presents the weighted-average assumptions used in the valuation and the resulting weighted- average fair value per option granted for the years ended december 31: . <table class='wikitable'><tr><td>1</td><td>-</td><td>2009</td><td>2008</td><td>2007</td></tr><tr><td>2</td><td>risk-free rate of return</td><td>2.5% ( 2.5 % )</td><td>3.2% ( 3.2 % )</td><td>4.4% ( 4.4 % )</td></tr><tr><td>3</td><td>expected term ( in years )</td><td>6.17</td><td>6.25</td><td>6.25</td></tr><tr><td>4</td><td>expected volatility</td><td>41.7% ( 41.7 % )</td><td>37.9% ( 37.9 % )</td><td>30.9% ( 30.9 % )</td></tr><tr><td>5</td><td>expected dividend yield</td><td>0.4% ( 0.4 % )</td><td>0.3% ( 0.3 % )</td><td>0.6% ( 0.6 % )</td></tr><tr><td>6</td><td>weighted-average fair value per option granted</td><td>$ 71.03</td><td>$ 78.54</td><td>$ 41.03</td></tr></table> the risk-free rate of return was based on the u.s . treasury yield curve in effect on the date of grant . the company utilizes the simplified method for calculating the expected term of the option based on the vesting terms and the contractual life of the option . the expected volatility for options granted during 2009 was based on the average of the implied volatility of mastercard and a blend of the historical volatility of mastercard and the historical volatility of a group of companies that management believes is generally comparable to mastercard . the expected volatility for options granted during 2008 was based on the average of the implied volatility of mastercard and the historical volatility of a group of companies that management believes is generally comparable to mastercard . as the company did not have sufficient publicly traded stock data historically , the expected volatility for options granted during 2007 was primarily based on the average of the historical and implied volatility of a group of companies that management believed was generally comparable to mastercard . the expected dividend yields were based on the company 2019s expected annual dividend rate on the date of grant. .
Question: what was the risk free rate in 2009?
Answer: 2.5
Question: what was the risk free rate in 2008?
| 3.2 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
Organize your response with headings for the answer and reasons. |
flows of the company 2019s subsidiaries , the receipt of dividends and repayments of indebtedness from the company 2019s subsidiaries , compliance with delaware corporate and other laws , compliance with the contractual provisions of debt and other agreements , and other factors . the company 2019s dividend rate on its common stock is determined by the board of directors on a quarterly basis and takes into consideration , among other factors , current and possible future developments that may affect the company 2019s income and cash flows . when dividends on common stock are declared , they are typically paid in march , june , september and december . historically , dividends have been paid quarterly to holders of record less than 30 days prior to the distribution date . since the dividends on the company 2019s common stock are not cumulative , only declared dividends are paid . during 2018 , 2017 and 2016 , the company paid $ 319 million , $ 289 million and $ 261 million in cash dividends , respectively . the following table provides the per share cash dividends paid for the years ended december 31: . <table class='wikitable'><tr><td>1</td><td>-</td><td>2018</td><td>2017</td><td>2016</td></tr><tr><td>2</td><td>december</td><td>$ 0.455</td><td>$ 0.415</td><td>$ 0.375</td></tr><tr><td>3</td><td>september</td><td>$ 0.455</td><td>$ 0.415</td><td>$ 0.375</td></tr><tr><td>4</td><td>june</td><td>$ 0.455</td><td>$ 0.415</td><td>$ 0.375</td></tr><tr><td>5</td><td>march</td><td>$ 0.415</td><td>$ 0.375</td><td>$ 0.34</td></tr></table> on december 7 , 2018 , the company 2019s board of directors declared a quarterly cash dividend payment of $ 0.455 per share payable on march 1 , 2019 , to shareholders of record as of february 7 , 2019 . equity forward transaction see note 4 2014acquisitions and divestitures for information regarding the forward sale agreements entered into by the company on april 11 , 2018 , and the subsequent settlement of these agreements on june 7 , 2018 . regulatory restrictions the issuance of long-term debt or equity securities by the company or american water capital corp . ( 201cawcc 201d ) , the company 2019s wholly owned financing subsidiary , does not require authorization of any state puc if no guarantee or pledge of the regulated subsidiaries is utilized . however , state puc authorization is required to issue long-term debt at most of the company 2019s regulated subsidiaries . the company 2019s regulated subsidiaries normally obtain the required approvals on a periodic basis to cover their anticipated financing needs for a period of time or in connection with a specific financing . under applicable law , the company 2019s subsidiaries can pay dividends only from retained , undistributed or current earnings . a significant loss recorded at a subsidiary may limit the dividends that the subsidiary can distribute to american water . furthermore , the ability of the company 2019s subsidiaries to pay upstream dividends or repay indebtedness to american water is subject to compliance with applicable regulatory restrictions and financial obligations , including , for example , debt service and preferred and preference stock dividends , as well as applicable corporate , tax and other laws and regulations , and other agreements or covenants made or entered into by the company and its subsidiaries . note 10 : stock based compensation the company has granted stock options , stock units and dividend equivalents to non-employee directors , officers and other key employees of the company pursuant to the terms of its 2007 omnibus equity compensation plan ( the 201c2007 plan 201d ) . stock units under the 2007 plan generally vest based on ( i ) continued employment with the company ( 201crsus 201d ) , or ( ii ) continued employment with the company where distribution of the shares is subject to the satisfaction in whole or in part of stated performance-based goals ( 201cpsus 201d ) . the total aggregate number of shares of common stock that may be issued under the 2007 plan is 15.5 million . as of .
Question: during the year of 2018, how much did the company pay in cash dividends, in millions?
Answer: 319.0
Question: and how much was that during 2017, also in millions?
Answer: 289.0
Question: then, how much did the company pay in cash dividends during the years of 2018 and 2017 combined, in millions?
Answer: 608.0
Question: including the year of 2016, how much would then be the total of the payment in cash dividends during the three years?
| 869.0 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
Organize your response with headings for the answer and reasons. |
notes to consolidated financial statements ( continued ) note 8 2014commitments and contingencies ( continued ) the following table reconciles changes in the company 2019s accrued warranties and related costs ( in millions ) : . <table class='wikitable'><tr><td>1</td><td>-</td><td>2007</td><td>2006</td><td>2005</td></tr><tr><td>2</td><td>beginning accrued warranty and related costs</td><td>$ 284</td><td>$ 188</td><td>$ 105</td></tr><tr><td>3</td><td>cost of warranty claims</td><td>-281 ( 281 )</td><td>-267 ( 267 )</td><td>-188 ( 188 )</td></tr><tr><td>4</td><td>accruals for product warranties</td><td>227</td><td>363</td><td>271</td></tr><tr><td>5</td><td>ending accrued warranty and related costs</td><td>$ 230</td><td>$ 284</td><td>$ 188</td></tr></table> the company generally does not indemnify end-users of its operating system and application software against legal claims that the software infringes third-party intellectual property rights . other agreements entered into by the company sometimes include indemnification provisions under which the company could be subject to costs and/or damages in the event of an infringement claim against the company or an indemnified third-party . however , the company has not been required to make any significant payments resulting from such an infringement claim asserted against itself or an indemnified third-party and , in the opinion of management , does not have a potential liability related to unresolved infringement claims subject to indemnification that would have a material adverse effect on its financial condition or operating results . therefore , the company did not record a liability for infringement costs as of either september 29 , 2007 or september 30 , 2006 . concentrations in the available sources of supply of materials and product certain key components including , but not limited to , microprocessors , enclosures , certain lcds , certain optical drives , and application-specific integrated circuits ( 2018 2018asics 2019 2019 ) are currently obtained by the company from single or limited sources which subjects the company to supply and pricing risks . many of these and other key components that are available from multiple sources including , but not limited to , nand flash memory , dram memory , and certain lcds , are at times subject to industry-wide shortages and significant commodity pricing fluctuations . in addition , the company has entered into certain agreements for the supply of critical components at favorable pricing , and there is no guarantee that the company will be able to extend or renew these agreements when they expire . therefore , the company remains subject to significant risks of supply shortages and/or price increases that can adversely affect gross margins and operating margins . in addition , the company uses some components that are not common to the rest of the global personal computer , consumer electronics and mobile communication industries , and new products introduced by the company often utilize custom components obtained from only one source until the company has evaluated whether there is a need for and subsequently qualifies additional suppliers . if the supply of a key single-sourced component to the company were to be delayed or curtailed , or in the event a key manufacturing vendor delays shipments of completed products to the company , the company 2019s ability to ship related products in desired quantities and in a timely manner could be adversely affected . the company 2019s business and financial performance could also be adversely affected depending on the time required to obtain sufficient quantities from the original source , or to identify and obtain sufficient quantities from an alternative source . continued availability of these components may be affected if producers were to decide to concentrate on the production of common components instead of components customized to meet the company 2019s requirements . finally , significant portions of the company 2019s cpus , ipods , iphones , logic boards , and other assembled products are now manufactured by outsourcing partners , primarily in various parts of asia . a significant concentration of this outsourced manufacturing is currently performed by only a few of the company 2019s outsourcing partners , often in single locations . certain of these outsourcing partners are the sole-sourced supplier of components and manufacturing outsourcing for many of the company 2019s key products , including but not limited to , assembly .
Question: what is the ent change in accrued warranties and related costs from 2005 to 2006?
Answer: 96.0
Question: what percentage change does this represents?
Answer: 0.51064
Question: what about the ending accrued warranty and related costs in 2007?
| 230.0 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
Organize your response with headings for the answer and reasons. |
interest expense , net was $ 26.4 million , $ 14.6 million , and $ 5.3 million for the years ended december 31 , 2016 , 2015 and 2014 , respectively . interest expense includes the amortization of deferred financing costs , bank fees , capital and built-to-suit lease interest and interest expense under the credit and other long term debt facilities . amortization of deferred financing costs was $ 1.2 million , $ 0.8 million , and $ 0.6 million for the years ended december 31 , 2016 , 2015 and 2014 , respectively . the company monitors the financial health and stability of its lenders under the credit and other long term debt facilities , however during any period of significant instability in the credit markets lenders could be negatively impacted in their ability to perform under these facilities . 6 . commitments and contingencies obligations under operating leases the company leases warehouse space , office facilities , space for its brand and factory house stores and certain equipment under non-cancelable operating leases . the leases expire at various dates through 2033 , excluding extensions at the company 2019s option , and include provisions for rental adjustments . the table below includes executed lease agreements for brand and factory house stores that the company did not yet occupy as of december 31 , 2016 and does not include contingent rent the company may incur at its stores based on future sales above a specified minimum or payments made for maintenance , insurance and real estate taxes . the following is a schedule of future minimum lease payments for non-cancelable real property operating leases as of december 31 , 2016 as well as significant operating lease agreements entered into during the period after december 31 , 2016 through the date of this report : ( in thousands ) . <table class='wikitable'><tr><td>1</td><td>2017</td><td>$ 114857</td></tr><tr><td>2</td><td>2018</td><td>127504</td></tr><tr><td>3</td><td>2019</td><td>136040</td></tr><tr><td>4</td><td>2020</td><td>133092</td></tr><tr><td>5</td><td>2021</td><td>122753</td></tr><tr><td>6</td><td>2022 and thereafter</td><td>788180</td></tr><tr><td>7</td><td>total future minimum lease payments</td><td>$ 1422426</td></tr></table> included in selling , general and administrative expense was rent expense of $ 109.0 million , $ 83.0 million and $ 59.0 million for the years ended december 31 , 2016 , 2015 and 2014 , respectively , under non-cancelable operating lease agreements . included in these amounts was contingent rent expense of $ 13.0 million , $ 11.0 million and $ 11.0 million for the years ended december 31 , 2016 , 2015 and 2014 , respectively . sports marketing and other commitments within the normal course of business , the company enters into contractual commitments in order to promote the company 2019s brand and products . these commitments include sponsorship agreements with teams and athletes on the collegiate and professional levels , official supplier agreements , athletic event sponsorships and other marketing commitments . the following is a schedule of the company 2019s future minimum payments under its sponsorship and other marketing agreements as of december 31 .
Question: what is the interest expense in 2016?
| 26.4 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
Organize your response with headings for the answer and reasons. |
unusual , ( ii ) is material in amount , and ( iii ) varies significantly from the retirement profile identified through our depreciation studies . a gain or loss is recognized in other income when we sell land or dispose of assets that are not part of our railroad operations . when we purchase an asset , we capitalize all costs necessary to make the asset ready for its intended use . however , many of our assets are self-constructed . a large portion of our capital expenditures is for replacement of existing road infrastructure assets ( program projects ) , which is typically performed by our employees , and for track line expansion ( capacity projects ) . costs that are directly attributable or overhead costs that relate directly to capital projects are capitalized . direct costs that are capitalized as part of self-constructed assets include material , labor , and work equipment . indirect costs are capitalized if they clearly relate to the construction of the asset . these costs are allocated using appropriate statistical bases . general and administrative expenditures are expensed as incurred . normal repairs and maintenance are also expensed as incurred , while costs incurred that extend the useful life of an asset , improve the safety of our operations or improve operating efficiency are capitalized . assets held under capital leases are recorded at the lower of the net present value of the minimum lease payments or the fair value of the leased asset at the inception of the lease . amortization expense is computed using the straight-line method over the shorter of the estimated useful lives of the assets or the period of the related lease . 11 . accounts payable and other current liabilities dec . 31 , dec . 31 , millions of dollars 2009 2008 . <table class='wikitable'><tr><td>1</td><td>millions of dollars</td><td>dec . 31 2009</td><td>dec . 31 2008</td></tr><tr><td>2</td><td>accounts payable</td><td>$ 612</td><td>$ 629</td></tr><tr><td>3</td><td>accrued wages and vacation</td><td>339</td><td>367</td></tr><tr><td>4</td><td>accrued casualty costs</td><td>379</td><td>390</td></tr><tr><td>5</td><td>income and other taxes</td><td>224</td><td>207</td></tr><tr><td>6</td><td>dividends and interest</td><td>347</td><td>328</td></tr><tr><td>7</td><td>equipment rents payable</td><td>89</td><td>93</td></tr><tr><td>8</td><td>other</td><td>480</td><td>546</td></tr><tr><td>9</td><td>total accounts payable and other current liabilities</td><td>$ 2470</td><td>$ 2560</td></tr></table> 12 . financial instruments strategy and risk 2013 we may use derivative financial instruments in limited instances for other than trading purposes to assist in managing our overall exposure to fluctuations in interest rates and fuel prices . we are not a party to leveraged derivatives and , by policy , do not use derivative financial instruments for speculative purposes . derivative financial instruments qualifying for hedge accounting must maintain a specified level of effectiveness between the hedging instrument and the item being hedged , both at inception and throughout the hedged period . we formally document the nature and relationships between the hedging instruments and hedged items at inception , as well as our risk-management objectives , strategies for undertaking the various hedge transactions , and method of assessing hedge effectiveness . changes in the fair market value of derivative financial instruments that do not qualify for hedge accounting are charged to earnings . we may use swaps , collars , futures , and/or forward contracts to mitigate the risk of adverse movements in interest rates and fuel prices ; however , the use of these derivative financial instruments may limit future benefits from favorable interest rate and fuel price movements. .
Question: what is the difference in dividends and interest between 2008 and 2009?
| 19.0 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
Organize your response with headings for the answer and reasons. |
american tower corporation and subsidiaries notes to consolidated financial statements 2014 ( continued ) 7 . derivative financial instruments under the terms of the credit facility , the company is required to enter into interest rate protection agreements on at least 50% ( 50 % ) of its variable rate debt . under these agreements , the company is exposed to credit risk to the extent that a counterparty fails to meet the terms of a contract . such exposure is limited to the current value of the contract at the time the counterparty fails to perform . the company believes its contracts as of december 31 , 2004 are with credit worthy institutions . as of december 31 , 2004 , the company had two interest rate caps outstanding with an aggregate notional amount of $ 350.0 million ( each at an interest rate of 6.0% ( 6.0 % ) ) that expire in 2006 . as of december 31 , 2003 , the company had three interest rate caps outstanding with an aggregate notional amount of $ 500.0 million ( each at a rate of 5.0% ( 5.0 % ) ) that expired in 2004 . as of december 31 , 2004 and 2003 , there was no fair value associated with any of these interest rate caps . during the year ended december 31 , 2003 , the company recorded an unrealized loss of approximately $ 0.3 million ( net of a tax benefit of approximately $ 0.2 million ) in other comprehensive loss for the change in fair value of cash flow hedges and reclassified $ 5.9 million ( net of a tax benefit of approximately $ 3.2 million ) into results of operations . during the year ended december 31 , 2002 , the company recorded an unrealized loss of approximately $ 9.1 million ( net of a tax benefit of approximately $ 4.9 million ) in other comprehensive loss for the change in fair value of cash flow hedges and reclassified $ 19.5 million ( net of a tax benefit of approximately $ 10.5 million ) into results of operations . hedge ineffectiveness resulted in a gain of approximately $ 1.0 million for the year ended december 31 , 2002 , which is recorded in other expense in the accompanying consolidated statement of operations . the company records the changes in fair value of its derivative instruments that are not accounted for as hedges in other expense . the company did not reclassify any derivative losses into its statement of operations for the year ended december 31 , 2004 and does not anticipate reclassifying any derivative losses into its statement of operations within the next twelve months , as there are no amounts included in other comprehensive loss as of december 31 , 2004 . 8 . commitments and contingencies lease obligations 2014the company leases certain land , office and tower space under operating leases that expire over various terms . many of the leases contain renewal options with specified increases in lease payments upon exercise of the renewal option . escalation clauses present in operating leases , excluding those tied to cpi or other inflation-based indices , are straight-lined over the term of the lease . ( see note 1. ) future minimum rental payments under non-cancelable operating leases include payments for certain renewal periods at the company 2019s option because failure to renew could result in a loss of the applicable tower site and related revenues from tenant leases , thereby making it reasonably assured that the company will renew the lease . such payments in effect at december 31 , 2004 are as follows ( in thousands ) : year ending december 31 . <table class='wikitable'><tr><td>1</td><td>2005</td><td>$ 106116</td></tr><tr><td>2</td><td>2006</td><td>106319</td></tr><tr><td>3</td><td>2007</td><td>106095</td></tr><tr><td>4</td><td>2008</td><td>106191</td></tr><tr><td>5</td><td>2009</td><td>106214</td></tr><tr><td>6</td><td>thereafter</td><td>1570111</td></tr><tr><td>7</td><td>total</td><td>$ 2101046</td></tr></table> aggregate rent expense ( including the effect of straight-line rent expense ) under operating leases for the years ended december 31 , 2004 , 2003 and 2002 approximated $ 118741000 , $ 113956000 , and $ 109644000 , respectively. .
Question: what was the aggregate rent expense in 2003?
Answer: 113956000.0
Question: and what was it in 2002?
Answer: 109644000.0
Question: what was, then, the change over the year?
Answer: 4312000.0
Question: what was the aggregate rent expense in 2002?
Answer: 109644000.0
Question: and how much does that change represent in relation to this 2002 rent expense, in percentage?
| 0.03933 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
Organize your response with headings for the answer and reasons. |
the hartford financial services group , inc . notes to consolidated financial statements ( continued ) 10 . sales inducements accounting policy the company currently offers enhanced crediting rates or bonus payments to contract holders on certain of its individual and group annuity products . the expense associated with offering a bonus is deferred and amortized over the life of the related contract in a pattern consistent with the amortization of deferred policy acquisition costs . amortization expense associated with expenses previously deferred is recorded over the remaining life of the contract . consistent with the unlock , the company unlocked the amortization of the sales inducement asset . see note 7 for more information concerning the unlock . changes in deferred sales inducement activity were as follows for the years ended december 31: . <table class='wikitable'><tr><td>1</td><td>-</td><td>2011</td><td>2010</td><td>2009</td></tr><tr><td>2</td><td>balance beginning of year</td><td>$ 459</td><td>$ 438</td><td>$ 553</td></tr><tr><td>3</td><td>sales inducements deferred</td><td>20</td><td>31</td><td>59</td></tr><tr><td>4</td><td>amortization charged to income</td><td>-17 ( 17 )</td><td>-8 ( 8 )</td><td>-105 ( 105 )</td></tr><tr><td>5</td><td>amortization 2014 unlock</td><td>-28 ( 28 )</td><td>-2 ( 2 )</td><td>-69 ( 69 )</td></tr><tr><td>6</td><td>balance end of year</td><td>$ 434</td><td>$ 459</td><td>$ 438</td></tr></table> 11 . reserves for future policy benefits and unpaid losses and loss adjustment expenses life insurance products accounting policy liabilities for future policy benefits are calculated by the net level premium method using interest , withdrawal and mortality assumptions appropriate at the time the policies were issued . the methods used in determining the liability for unpaid losses and future policy benefits are standard actuarial methods recognized by the american academy of actuaries . for the tabular reserves , discount rates are based on the company 2019s earned investment yield and the morbidity/mortality tables used are standard industry tables modified to reflect the company 2019s actual experience when appropriate . in particular , for the company 2019s group disability known claim reserves , the morbidity table for the early durations of claim is based exclusively on the company 2019s experience , incorporating factors such as gender , elimination period and diagnosis . these reserves are computed such that they are expected to meet the company 2019s future policy obligations . future policy benefits are computed at amounts that , with additions from estimated premiums to be received and with interest on such reserves compounded annually at certain assumed rates , are expected to be sufficient to meet the company 2019s policy obligations at their maturities or in the event of an insured 2019s death . changes in or deviations from the assumptions used for mortality , morbidity , expected future premiums and interest can significantly affect the company 2019s reserve levels and related future operations and , as such , provisions for adverse deviation are built into the long-tailed liability assumptions . liabilities for the company 2019s group life and disability contracts , as well as its individual term life insurance policies , include amounts for unpaid losses and future policy benefits . liabilities for unpaid losses include estimates of amounts to fully settle known reported claims , as well as claims related to insured events that the company estimates have been incurred but have not yet been reported . these reserve estimates are based on known facts and interpretations of circumstances , and consideration of various internal factors including the hartford 2019s experience with similar cases , historical trends involving claim payment patterns , loss payments , pending levels of unpaid claims , loss control programs and product mix . in addition , the reserve estimates are influenced by consideration of various external factors including court decisions , economic conditions and public attitudes . the effects of inflation are implicitly considered in the reserving process. .
Question: what was the combined value of sales inducements deferred in 2010 and 2011?
Answer: 51.0
Question: and including 2009?
Answer: 110.0
Question: so what was the average value during this time?
| 36.66667 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
Organize your response with headings for the answer and reasons. |
table of contents research and development expense ( 201cr&d 201d ) r&d expense increased 34% ( 34 % ) or $ 449 million to $ 1.8 billion in 2010 compared to 2009 . this increase was due primarily to an increase in headcount and related expenses in the current year to support expanded r&d activities . also contributing to this increase in r&d expense in 2010 was the capitalization in 2009 of software development costs of $ 71 million related to mac os x snow leopard . although total r&d expense increased 34% ( 34 % ) during 2010 , it declined as a percentage of net sales given the 52% ( 52 % ) year-over-year increase in net sales in 2010 . the company continues to believe that focused investments in r&d are critical to its future growth and competitive position in the marketplace and are directly related to timely development of new and enhanced products that are central to the company 2019s core business strategy . as such , the company expects to make further investments in r&d to remain competitive . r&d expense increased 20% ( 20 % ) or $ 224 million to $ 1.3 billion in 2009 compared to 2008 . this increase was due primarily to an increase in headcount in 2009 to support expanded r&d activities and higher stock-based compensation expenses . additionally , $ 71 million of software development costs were capitalized related to mac os x snow leopard and excluded from r&d expense during 2009 , compared to $ 11 million of software development costs capitalized during 2008 . although total r&d expense increased 20% ( 20 % ) during 2009 , it remained relatively flat as a percentage of net sales given the 14% ( 14 % ) increase in revenue in 2009 . selling , general and administrative expense ( 201csg&a 201d ) sg&a expense increased $ 1.4 billion or 33% ( 33 % ) to $ 5.5 billion in 2010 compared to 2009 . this increase was due primarily to the company 2019s continued expansion of its retail segment , higher spending on marketing and advertising programs , increased stock-based compensation expenses and variable costs associated with the overall growth of the company 2019s net sales . sg&a expenses increased $ 388 million or 10% ( 10 % ) to $ 4.1 billion in 2009 compared to 2008 . this increase was due primarily to the company 2019s continued expansion of its retail segment in both domestic and international markets , higher stock-based compensation expense and higher spending on marketing and advertising . other income and expense other income and expense for the three years ended september 25 , 2010 , are as follows ( in millions ) : total other income and expense decreased $ 171 million or 52% ( 52 % ) to $ 155 million during 2010 compared to $ 326 million and $ 620 million in 2009 and 2008 , respectively . the overall decrease in other income and expense is attributable to the significant declines in interest rates on a year- over-year basis , partially offset by the company 2019s higher cash , cash equivalents and marketable securities balances . the weighted average interest rate earned by the company on its cash , cash equivalents and marketable securities was 0.75% ( 0.75 % ) , 1.43% ( 1.43 % ) and 3.44% ( 3.44 % ) during 2010 , 2009 and 2008 , respectively . additionally the company incurred higher premium expenses on its foreign exchange option contracts , which further reduced the total other income and expense . during 2010 , 2009 and 2008 , the company had no debt outstanding and accordingly did not incur any related interest expense . provision for income taxes the company 2019s effective tax rates were 24% ( 24 % ) , 32% ( 32 % ) and 32% ( 32 % ) for 2010 , 2009 and 2008 , respectively . the company 2019s effective rates for these periods differ from the statutory federal income tax rate of 35% ( 35 % ) due . <table class='wikitable'><tr><td>1</td><td>-</td><td>2010</td><td>2009</td><td>2008</td></tr><tr><td>2</td><td>interest income</td><td>$ 311</td><td>$ 407</td><td>$ 653</td></tr><tr><td>3</td><td>other income ( expense ) net</td><td>-156 ( 156 )</td><td>-81 ( 81 )</td><td>-33 ( 33 )</td></tr><tr><td>4</td><td>total other income and expense</td><td>$ 155</td><td>$ 326</td><td>$ 620</td></tr></table> .
Question: what was the change in total other income and expense from 2008 to 2009?
| 294.0 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
Organize your response with headings for the answer and reasons. |
the following table displays the expected benefit payments in the years indicated : ( dollars in thousands ) . <table class='wikitable'><tr><td>1</td><td>2007</td><td>$ 117</td></tr><tr><td>2</td><td>2008</td><td>140</td></tr><tr><td>3</td><td>2009</td><td>203</td></tr><tr><td>4</td><td>2010</td><td>263</td></tr><tr><td>5</td><td>2011</td><td>328</td></tr><tr><td>6</td><td>next 5 years</td><td>2731</td></tr></table> 1 4 . d i v i d e n d r e s t r i c t i o n s a n d s t a t u t o r y f i n a n c i a l i n f o r m a t i o n a . d i v i d e n d r e s t r i c t i o n s under bermuda law , group is prohibited from declaring or paying a dividend if such payment would reduce the realizable value of its assets to an amount less than the aggregate value of its liabilities and its issued share capital and share premium ( addi- tional paid-in capital ) accounts . group 2019s ability to pay dividends and its operating expenses is dependent upon dividends from its subsidiaries . the payment of such dividends by insurer subsidiaries is limited under bermuda law and the laws of the var- ious u.s . states in which group 2019s insurance and reinsurance subsidiaries are domiciled or deemed domiciled . the limitations are generally based upon net income and compliance with applicable policyholders 2019 surplus or minimum solvency margin and liquidity ratio requirements as determined in accordance with the relevant statutory accounting practices . under bermuda law , bermuda re is prohibited from declaring or making payment of a dividend if it fails to meet its minimum solvency margin or minimum liquidity ratio . as a long-term insurer , bermuda re is also unable to declare or pay a dividend to anyone who is not a policyholder unless , after payment of the dividend , the value of the assets in its long-term business fund , as certified by its approved actuary , exceeds its liabilities for long-term business by at least the $ 250000 minimum solvency margin . prior approval of the bermuda monetary authority is required if bermuda re 2019s dividend payments would reduce its prior year-end total statutory capital by 15.0% ( 15.0 % ) or more . delaware law provides that an insurance company which is a member of an insurance holding company system and is domi- ciled in the state shall not pay dividends without giving prior notice to the insurance commissioner of delaware and may not pay dividends without the approval of the insurance commissioner if the value of the proposed dividend , together with all other dividends and distributions made in the preceding twelve months , exceeds the greater of ( 1 ) 10% ( 10 % ) of statutory surplus or ( 2 ) net income , not including realized capital gains , each as reported in the prior year 2019s statutory annual statement . in addition , no dividend may be paid in excess of unassigned earned surplus . at december 31 , 2006 , everest re had $ 270.4 million available for payment of dividends in 2007 without the need for prior regulatory approval . b . s t a t u t o r y f i n a n c i a l i n f o r m a t i o n everest re prepares its statutory financial statements in accordance with accounting practices prescribed or permitted by the national association of insurance commissioners ( 201cnaic 201d ) and the delaware insurance department . prescribed statutory accounting practices are set forth in the naic accounting practices and procedures manual . the capital and statutory surplus of everest re was $ 2704.1 million ( unaudited ) and $ 2327.6 million at december 31 , 2006 and 2005 , respectively . the statutory net income of everest re was $ 298.7 million ( unaudited ) for the year ended december 31 , 2006 , the statutory net loss was $ 26.9 million for the year ended december 31 , 2005 and the statutory net income $ 175.8 million for the year ended december 31 , 2004 . bermuda re prepares its statutory financial statements in conformity with the accounting principles set forth in bermuda in the insurance act 1978 , amendments thereto and related regulations . the statutory capital and surplus of bermuda re was $ 1893.9 million ( unaudited ) and $ 1522.5 million at december 31 , 2006 and 2005 , respectively . the statutory net income of bermuda re was $ 409.8 million ( unaudited ) for the year ended december 31 , 2006 , the statutory net loss was $ 220.5 million for the year ended december 31 , 2005 and the statutory net income was $ 248.7 million for the year ended december 31 , 2004 . 1 5 . c o n t i n g e n c i e s in the ordinary course of business , the company is involved in lawsuits , arbitrations and other formal and informal dispute resolution procedures , the outcomes of which will determine the company 2019s rights and obligations under insurance , reinsur- ance and other contractual agreements . in some disputes , the company seeks to enforce its rights under an agreement or to collect funds owing to it . in other matters , the company is resisting attempts by others to collect funds or enforce alleged rights . these disputes arise from time to time and as they arise are addressed , and ultimately resolved , through both informal and formal means , including negotiated resolution , arbitration and litigation . in all such matters , the company believes that .
Question: what were the expected benefit payments in 2007 and 2008 combined?
Answer: 257.0
Question: and the value for 2009 specifically?
Answer: 203.0
Question: now combined with the other two years?
Answer: 460.0
Question: and now including 2010?
Answer: 723.0
Question: and also combined with 2011?
| 1051.0 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
Organize your response with headings for the answer and reasons. |
2016 compared with 2015 net gains on investments of $ 57 million in 2016 decreased $ 52 million from 2015 due to lower net gains in 2016 . net gains on investments in 2015 included a $ 40 million gain related to the bkca acquisition and a $ 35 million unrealized gain on a private equity investment . interest and dividend income increased $ 14 million from 2015 primarily due to higher dividend income in 2016 . 2015 compared with 2014 net gains on investments of $ 109 million in 2015 decreased $ 45 million from 2014 due to lower net gains in 2015 . net gains on investments in 2015 included a $ 40 million gain related to the bkca acquisition and a $ 35 million unrealized gain on a private equity investment . net gains on investments in 2014 included the positive impact of the monetization of a nonstrategic , opportunistic private equity investment . interest expense decreased $ 28 million from 2014 primarily due to repayments of long-term borrowings in the fourth quarter of 2014 . income tax expense . <table class='wikitable'><tr><td>1</td><td>( in millions )</td><td>gaap 2016</td><td>gaap 2015</td><td>gaap 2014</td><td>gaap 2016</td><td>gaap 2015</td><td>2014</td></tr><tr><td>2</td><td>operating income ( 1 )</td><td>$ 4570</td><td>$ 4664</td><td>$ 4474</td><td>$ 4674</td><td>$ 4695</td><td>$ 4563</td></tr><tr><td>3</td><td>total nonoperating income ( expense ) ( 1 ) ( 2 )</td><td>-108 ( 108 )</td><td>-69 ( 69 )</td><td>-49 ( 49 )</td><td>-108 ( 108 )</td><td>-70 ( 70 )</td><td>-56 ( 56 )</td></tr><tr><td>4</td><td>income before income taxes ( 2 )</td><td>$ 4462</td><td>$ 4595</td><td>$ 4425</td><td>$ 4566</td><td>$ 4625</td><td>$ 4507</td></tr><tr><td>5</td><td>income tax expense</td><td>$ 1290</td><td>$ 1250</td><td>$ 1131</td><td>$ 1352</td><td>$ 1312</td><td>$ 1197</td></tr><tr><td>6</td><td>effective tax rate</td><td>28.9% ( 28.9 % )</td><td>27.2% ( 27.2 % )</td><td>25.6% ( 25.6 % )</td><td>29.6% ( 29.6 % )</td><td>28.4% ( 28.4 % )</td><td>26.6% ( 26.6 % )</td></tr></table> ( 1 ) see non-gaap financial measures for further information on and reconciliation of as adjusted items . ( 2 ) net of net income ( loss ) attributable to nci . the company 2019s tax rate is affected by tax rates in foreign jurisdictions and the relative amount of income earned in those jurisdictions , which the company expects to be fairly consistent in the near term . the significant foreign jurisdictions that have lower statutory tax rates than the u.s . federal statutory rate of 35% ( 35 % ) include the united kingdom , channel islands , ireland and canada . u.s . income taxes were not provided for certain undistributed foreign earnings intended to be indefinitely reinvested outside the united states . 2016 . income tax expense ( gaap ) reflected : 2022 a net noncash benefit of $ 30 million , primarily associated with the revaluation of certain deferred income tax liabilities ; and 2022 a benefit from $ 65 million of nonrecurring items , including the resolution of certain outstanding tax matters . the as adjusted effective tax rate of 29.6% ( 29.6 % ) for 2016 excluded the net noncash benefit of $ 30 million mentioned above , as it will not have a cash flow impact and to ensure comparability among periods presented . 2015 . income tax expense ( gaap ) reflected : 2022 a net noncash benefit of $ 54 million , primarily associated with the revaluation of certain deferred income tax liabilities ; and 2022 a benefit from $ 75 million of nonrecurring items , primarily due to the realization of losses from changes in the company 2019s organizational tax structure and the resolution of certain outstanding tax matters . the as adjusted effective tax rate of 28.4% ( 28.4 % ) for 2015 excluded the net noncash benefit of $ 54 million mentioned above , as it will not have a cash flow impact and to ensure comparability among periods presented . 2014 . income tax expense ( gaap ) reflected : 2022 a $ 94 million tax benefit , primarily due to the resolution of certain outstanding tax matters related to the acquisition of bgi , including the previously mentioned $ 50 million tax benefit ( see executive summary for more information ) ; 2022 a $ 73 million net tax benefit related to several favorable nonrecurring items ; and 2022 a net noncash benefit of $ 9 million associated with the revaluation of deferred income tax liabilities . the as adjusted effective tax rate of 26.6% ( 26.6 % ) for 2014 excluded the $ 9 million net noncash benefit as it will not have a cash flow impact and to ensure comparability among periods presented and the $ 50 million tax benefit mentioned above . the $ 50 million general and administrative expense and $ 50 million tax benefit have been excluded from as adjusted results as there is no impact on blackrock 2019s book value . balance sheet overview as adjusted balance sheet the following table presents a reconciliation of the consolidated statement of financial condition presented on a gaap basis to the consolidated statement of financial condition , excluding the impact of separate account assets and separate account collateral held under securities lending agreements ( directly related to lending separate account securities ) and separate account liabilities and separate account collateral liabilities under securities lending agreements and consolidated sponsored investment funds , including consolidated vies . the company presents the as adjusted balance sheet as additional information to enable investors to exclude certain .
Question: what was the effective tax rate in 2016?
Answer: 0.289
Question: and what was it in 2015?
Answer: 0.272
Question: what was, then, the change over the year?
Answer: 0.017
Question: and in the last year of that period, what was the operating income?
Answer: 4570.0
Question: and what was the income tax expense?
| 1290.0 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
Organize your response with headings for the answer and reasons. |
individual loan before being modified as a tdr in the discounted cash flow analysis in order to determine that specific loan 2019s expected impairment . specifically , a loan that has a more severe delinquency history prior to modification will have a higher future default rate in the discounted cash flow analysis than a loan that was not as severely delinquent . for both of the one- to four-family and home equity loan portfolio segments , the pre- modification delinquency status , the borrower 2019s current credit score and other credit bureau attributes , in addition to each loan 2019s individual default experience and credit characteristics , are incorporated into the calculation of the specific allowance . a specific allowance is established to the extent that the recorded investment exceeds the discounted cash flows of a tdr with a corresponding charge to provision for loan losses . the specific allowance for these individually impaired loans represents the forecasted losses over the estimated remaining life of the loan , including the economic concession to the borrower . effects if actual results differ historic volatility in the credit markets has substantially increased the complexity and uncertainty involved in estimating the losses inherent in the loan portfolio . in the current market it is difficult to estimate how potential changes in the quantitative and qualitative factors , including the impact of home equity lines of credit converting from interest only to amortizing loans or requiring borrowers to repay the loan in full at the end of the draw period , might impact the allowance for loan losses . if our underlying assumptions and judgments prove to be inaccurate , the allowance for loan losses could be insufficient to cover actual losses . we may be required under such circumstances to further increase the provision for loan losses , which could have an adverse effect on the regulatory capital position and results of operations in future periods . during the normal course of conducting examinations , our banking regulators , the occ and federal reserve , continue to review our business and practices . this process is dynamic and ongoing and we cannot be certain that additional changes or actions will not result from their continuing review . valuation of goodwill and other intangible assets description goodwill and other intangible assets are evaluated for impairment on an annual basis as of november 30 and in interim periods when events or changes indicate the carrying value may not be recoverable , such as a significant deterioration in the operating environment or a decision to sell or dispose of a reporting unit . goodwill and other intangible assets net of amortization were $ 1.8 billion and $ 0.2 billion , respectively , at december 31 , 2013 . judgments goodwill is allocated to reporting units , which are components of the business that are one level below operating segments . reporting units are evaluated for impairment individually during the annual assessment . estimating the fair value of reporting units and the assets , liabilities and intangible assets of a reporting unit is a subjective process that involves the use of estimates and judgments , particularly related to cash flows , the appropriate discount rates and an applicable control premium . management judgment is required to assess whether the carrying value of the reporting unit can be supported by the fair value of the individual reporting unit . there are various valuation methodologies , such as the market approach or discounted cash flow methods , that may be used to estimate the fair value of reporting units . in applying these methodologies , we utilize a number of factors , including actual operating results , future business plans , economic projections , and market data . the following table shows the comparative data for the amount of goodwill allocated to our reporting units ( dollars in millions ) : . <table class='wikitable'><tr><td>1</td><td>reporting unit</td><td>december 31 , 2013</td><td>december 31 , 2012</td></tr><tr><td>2</td><td>retail brokerage</td><td>$ 1791.8</td><td>$ 1791.8</td></tr><tr><td>3</td><td>market making</td><td>2014</td><td>142.4</td></tr><tr><td>4</td><td>total goodwill</td><td>$ 1791.8</td><td>$ 1934.2</td></tr></table> .
Question: what is the amount of the goodwill in 2012 that is allocated to market making?
Answer: 142.4
Question: and what is that total goodwill?
| 1934.2 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
Organize your response with headings for the answer and reasons. |
entergy texas , inc . and subsidiaries management 2019s financial discussion and analysis gross operating revenues , fuel and purchased power expenses , and other regulatory charges gross operating revenues increased primarily due to the base rate increases and the volume/weather effect , as discussed above . fuel and purchased power expenses increased primarily due to an increase in demand coupled with an increase in deferred fuel expense as a result of lower fuel refunds in 2011 versus 2010 , partially offset by a decrease in the average market price of natural gas . other regulatory charges decreased primarily due to the distribution in the first quarter 2011 of $ 17.4 million to customers of the 2007 rough production cost equalization remedy receipts . see note 2 to the financial statements for further discussion of the rough production cost equalization proceedings . 2010 compared to 2009 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 2010 to 2009 . amount ( in millions ) . <table class='wikitable'><tr><td>1</td><td>-</td><td>amount ( in millions )</td></tr><tr><td>2</td><td>2009 net revenue</td><td>$ 485.1</td></tr><tr><td>3</td><td>net wholesale revenue</td><td>27.7</td></tr><tr><td>4</td><td>volume/weather</td><td>27.2</td></tr><tr><td>5</td><td>rough production cost equalization</td><td>18.6</td></tr><tr><td>6</td><td>retail electric price</td><td>16.3</td></tr><tr><td>7</td><td>securitization transition charge</td><td>15.3</td></tr><tr><td>8</td><td>purchased power capacity</td><td>-44.3 ( 44.3 )</td></tr><tr><td>9</td><td>other</td><td>-5.7 ( 5.7 )</td></tr><tr><td>10</td><td>2010 net revenue</td><td>$ 540.2</td></tr></table> the net wholesale revenue variance is primarily due to increased sales to municipal and co-op customers due to the addition of new contracts . the volume/weather variance is primarily due to increased electricity usage primarily in the residential and commercial sectors , resulting from a 1.5% ( 1.5 % ) increase in customers , coupled with the effect of more favorable weather on residential sales . billed electricity usage increased a total of 777 gwh , or 5% ( 5 % ) . the rough production cost equalization variance is due to an additional $ 18.6 million allocation recorded in the second quarter of 2009 for 2007 rough production cost equalization receipts ordered by the puct to texas retail customers over what was originally allocated to entergy texas prior to the jurisdictional separation of entergy gulf states , inc . into entergy gulf states louisiana and entergy texas , effective december 2007 , as discussed in note 2 to the financial statements . the retail electric price variance is primarily due to rate actions , including an annual base rate increase of $ 59 million beginning august 2010 as a result of the settlement of the december 2009 rate case . see note 2 to the financial statements for further discussion of the rate case settlement . the securitization transition charge variance is due to the issuance of securitization bonds . in november 2009 , entergy texas restoration funding , llc , a company wholly-owned and consolidated by entergy texas , issued securitization bonds and with the proceeds purchased from entergy texas the transition property , which is the right to recover from customers through a transition charge amounts sufficient to service the securitization bonds . the securitization transition charge is offset with a corresponding increase in interest on long-term debt with no impact on net income . see note 5 to the financial statements for further discussion of the securitization bond issuance. .
Question: what was the net change in value of net revenues from 2009 to 2010?
Answer: 55.1
Question: what were net revenues in 2009?
Answer: 485.1
Question: what was the percent change?
| 0.11358 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
Organize your response with headings for the answer and reasons. |
aeronautics business segment 2019s results of operations discussion . the increase in our consolidated net adjustments for 2011 as compared to 2010 primarily was due to an increase in profit booking rate adjustments at our is&gs and aeronautics business segments . aeronautics our aeronautics business segment is engaged in the research , design , development , manufacture , integration , sustainment , support , and upgrade of advanced military aircraft , including combat and air mobility aircraft , unmanned air vehicles , and related technologies . aeronautics 2019 major programs include the f-35 lightning ii joint strike fighter , f-22 raptor , f-16 fighting falcon , c-130 hercules , and the c-5m super galaxy . aeronautics 2019 operating results included the following ( in millions ) : . <table class='wikitable'><tr><td>1</td><td>-</td><td>2012</td><td>2011</td><td>2010</td></tr><tr><td>2</td><td>net sales</td><td>$ 14953</td><td>$ 14362</td><td>$ 13109</td></tr><tr><td>3</td><td>operating profit</td><td>1699</td><td>1630</td><td>1498</td></tr><tr><td>4</td><td>operating margins</td><td>11.4% ( 11.4 % )</td><td>11.3% ( 11.3 % )</td><td>11.4% ( 11.4 % )</td></tr><tr><td>5</td><td>backlog at year-end</td><td>30100</td><td>30500</td><td>27500</td></tr></table> 2012 compared to 2011 aeronautics 2019 net sales for 2012 increased $ 591 million , or 4% ( 4 % ) , compared to 2011 . the increase was attributable to higher net sales of approximately $ 745 million from f-35 lrip contracts principally due to increased production volume ; about $ 285 million from f-16 programs primarily due to higher aircraft deliveries ( 37 f-16 aircraft delivered in 2012 compared to 22 in 2011 ) partially offset by lower volume on sustainment activities due to the completion of modification programs for certain international customers ; and approximately $ 140 million from c-5 programs due to higher aircraft deliveries ( four c-5m aircraft delivered in 2012 compared to two in 2011 ) . partially offsetting the increases were lower net sales of approximately $ 365 million from decreased production volume and lower risk retirements on the f-22 program as final aircraft deliveries were completed in the second quarter of 2012 ; approximately $ 110 million from the f-35 development contract primarily due to the inception-to-date effect of reducing the profit booking rate in the second quarter of 2012 and to a lesser extent lower volume ; and about $ 95 million from a decrease in volume on other sustainment activities partially offset by various other aeronautics programs due to higher volume . net sales for c-130 programs were comparable to 2011 as a decline in sustainment activities largely was offset by increased aircraft deliveries . aeronautics 2019 operating profit for 2012 increased $ 69 million , or 4% ( 4 % ) , compared to 2011 . the increase was attributable to higher operating profit of approximately $ 105 million from c-130 programs due to an increase in risk retirements ; about $ 50 million from f-16 programs due to higher aircraft deliveries partially offset by a decline in risk retirements ; approximately $ 50 million from f-35 lrip contracts due to increased production volume and risk retirements ; and about $ 50 million from the completion of purchased intangible asset amortization on certain f-16 contracts . partially offsetting the increases was lower operating profit of about $ 90 million from the f-35 development contract primarily due to the inception- to-date effect of reducing the profit booking rate in the second quarter of 2012 ; approximately $ 50 million from decreased production volume and risk retirements on the f-22 program partially offset by a resolution of a contractual matter in the second quarter of 2012 ; and approximately $ 45 million primarily due to a decrease in risk retirements on other sustainment activities partially offset by various other aeronautics programs due to increased risk retirements and volume . operating profit for c-5 programs was comparable to 2011 . adjustments not related to volume , including net profit booking rate adjustments and other matters described above , were approximately $ 30 million lower for 2012 compared to 2011 . 2011 compared to 2010 aeronautics 2019 net sales for 2011 increased $ 1.3 billion , or 10% ( 10 % ) , compared to 2010 . the growth in net sales primarily was due to higher volume of about $ 850 million for work performed on the f-35 lrip contracts as production increased ; higher volume of about $ 745 million for c-130 programs due to an increase in deliveries ( 33 c-130j aircraft delivered in 2011 compared to 25 during 2010 ) and support activities ; about $ 425 million for f-16 support activities and an increase in aircraft deliveries ( 22 f-16 aircraft delivered in 2011 compared to 20 during 2010 ) ; and approximately $ 90 million for higher volume on c-5 programs ( two c-5m aircraft delivered in 2011 compared to one during 2010 ) . these increases partially were offset by a decline in net sales of approximately $ 675 million due to lower volume on the f-22 program and lower net sales of about $ 155 million for the f-35 development contract as development work decreased. .
Question: what was the difference in operating profit between 2011 and 2010?
Answer: 132.0
Question: and as a percentage of the original value?
| 0.08812 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
Organize your response with headings for the answer and reasons. |
advance auto parts , inc . schedule ii - valuation and qualifying accounts ( in thousands ) allowance for doubtful accounts receivable : balance at beginning of period charges to expenses deductions balance at end of period january 3 , 2015 $ 13295 $ 17182 $ ( 14325 ) ( 1 ) $ 16152 january 2 , 2016 16152 22067 ( 12461 ) ( 1 ) 25758 december 31 , 2016 25758 24597 ( 21191 ) ( 1 ) 29164 ( 1 ) accounts written off during the period . these amounts did not impact the company 2019s statement of operations for any year presented . note : other valuation and qualifying accounts have not been reported in this schedule because they are either not applicable or because the information has been included elsewhere in this report. . <table class='wikitable'><tr><td>1</td><td>allowance for doubtful accounts receivable:</td><td>balance atbeginningof period</td><td>charges toexpenses</td><td>deductions</td><td>-</td><td>balance atend ofperiod</td></tr><tr><td>2</td><td>january 3 2015</td><td>$ 13295</td><td>$ 17182</td><td>$ -14325 ( 14325 )</td><td>-1 ( 1 )</td><td>$ 16152</td></tr><tr><td>3</td><td>january 2 2016</td><td>16152</td><td>22067</td><td>-12461 ( 12461 )</td><td>-1 ( 1 )</td><td>25758</td></tr><tr><td>4</td><td>december 31 2016</td><td>25758</td><td>24597</td><td>-21191 ( 21191 )</td><td>-1 ( 1 )</td><td>29164</td></tr></table> advance auto parts , inc . schedule ii - valuation and qualifying accounts ( in thousands ) allowance for doubtful accounts receivable : balance at beginning of period charges to expenses deductions balance at end of period january 3 , 2015 $ 13295 $ 17182 $ ( 14325 ) ( 1 ) $ 16152 january 2 , 2016 16152 22067 ( 12461 ) ( 1 ) 25758 december 31 , 2016 25758 24597 ( 21191 ) ( 1 ) 29164 ( 1 ) accounts written off during the period . these amounts did not impact the company 2019s statement of operations for any year presented . note : other valuation and qualifying accounts have not been reported in this schedule because they are either not applicable or because the information has been included elsewhere in this report. .
Question: what was the balance for doubtful accounts receivables at the end of 2016?
Answer: 29164.0
Question: what was the balance at the end of 2015?
Answer: 13295.0
Question: what is the net change in value?
| 15869.0 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
Organize your response with headings for the answer and reasons. |
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. . <table class='wikitable'><tr><td>1</td><td>2016</td><td>2015</td><td>2014</td><td>2013</td></tr><tr><td>2</td><td>( in thousands )</td><td>( in thousands )</td><td>( in thousands )</td><td>( in thousands )</td></tr><tr><td>3</td><td>$ 681</td><td>( $ 22068 )</td><td>$ 306</td><td>$ 6287</td></tr></table> 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 was the drawn amount from the credit facility that was set to expire in august 2021?
Answer: 4.7
Question: and what was that credit facility?
Answer: 150.0
Question: what percentage, then, did that amount represent?
| 0.03133 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
Organize your response with headings for the answer and reasons. |
the following table sets forth the components of foreign currency translation adjustments for fiscal 2011 , 2010 and 2009 ( in thousands ) : beginning balance foreign currency translation adjustments income tax effect relating to translation adjustments for undistributed foreign earnings ending balance $ 7632 ( 2208 ) $ 10580 $ 10640 ( 4144 ) $ 7632 $ ( 431 ) 17343 ( 6272 ) $ 10640 stock repurchase program to facilitate our stock repurchase program , designed to return value to our stockholders and minimize dilution from stock issuances , we repurchase shares in the open market and also enter into structured repurchase agreements with third-parties . authorization to repurchase shares to cover on-going dilution was not subject to expiration . however , this repurchase program was limited to covering net dilution from stock issuances and was subject to business conditions and cash flow requirements as determined by our board of directors from time to time . during the third quarter of fiscal 2010 , our board of directors approved an amendment to our stock repurchase program authorized in april 2007 from a non-expiring share-based authority to a time-constrained dollar-based authority . as part of this amendment , the board of directors granted authority to repurchase up to $ 1.6 billion in common stock through the end of fiscal 2012 . this amended program did not affect the $ 250.0 million structured stock repurchase agreement entered into during march 2010 . as of december 3 , 2010 , no prepayments remain under that agreement . during fiscal 2011 , 2010 and 2009 , we entered into several structured repurchase agreements with large financial institutions , whereupon we provided the financial institutions with prepayments totaling $ 695.0 million , $ 850.0 million and $ 350.0 million , respectively . of the $ 850.0 million of prepayments during fiscal 2010 , $ 250.0 million was under the stock repurchase program prior to the program amendment and the remaining $ 600.0 million was under the amended $ 1.6 billion time-constrained dollar- based authority . we enter into these agreements in order to take advantage of repurchasing shares at a guaranteed discount to the volume weighted average price ( 201cvwap 201d ) of our common stock over a specified period of time . we only enter into such transactions when the discount that we receive is higher than the foregone return on our cash prepayments to the financial institutions . there were no explicit commissions or fees on these structured repurchases . under the terms of the agreements , there is no requirement for the financial institutions to return any portion of the prepayment to us . the financial institutions agree to deliver shares to us at monthly intervals during the contract term . the parameters used to calculate the number of shares deliverable are : the total notional amount of the contract , the number of trading days in the contract , the number of trading days in the interval and the average vwap of our stock during the interval less the agreed upon discount . during fiscal 2011 , we repurchased approximately 21.8 million shares at an average price of $ 31.81 through structured repurchase agreements entered into during fiscal 2011 . during fiscal 2010 , we repurchased approximately 31.2 million shares at an average price of $ 29.19 through structured repurchase agreements entered into during fiscal 2009 and fiscal 2010 . during fiscal 2009 , we repurchased approximately 15.2 million shares at an average price per share of $ 27.89 through structured repurchase agreements entered into during fiscal 2008 and fiscal 2009 . for fiscal 2011 , 2010 and 2009 , the prepayments were classified as treasury stock on our consolidated balance sheets at the payment date , though only shares physically delivered to us by december 2 , 2011 , december 3 , 2010 and november 27 , 2009 were excluded from the computation of earnings per share . as of december 2 , 2011 and december 3 , 2010 , no prepayments remained under these agreements . as of november 27 , 2009 , approximately $ 59.9 million of prepayments remained under these agreements . subsequent to december 2 , 2011 , as part of our $ 1.6 billion stock repurchase program , we entered into a structured stock repurchase agreement with a large financial institution whereupon we provided them with a prepayment of $ 80.0 million . this amount will be classified as treasury stock on our consolidated balance sheets . upon completion of the $ 80.0 million stock table of contents adobe systems incorporated notes to consolidated financial statements ( continued ) jarcamo typewritten text . <table class='wikitable'><tr><td>1</td><td>-</td><td>2011</td><td>2010</td><td>2009</td></tr><tr><td>2</td><td>beginning balance</td><td>$ 7632</td><td>$ 10640</td><td>$ -431 ( 431 )</td></tr><tr><td>3</td><td>foreign currency translation adjustments</td><td>5156</td><td>-4144 ( 4144 )</td><td>17343</td></tr><tr><td>4</td><td>income tax effect relating to translation adjustments forundistributed foreign earnings</td><td>-2208 ( 2208 )</td><td>1136</td><td>-6272 ( 6272 )</td></tr><tr><td>5</td><td>ending balance</td><td>$ 10580</td><td>$ 7632</td><td>$ 10640</td></tr></table> the following table sets forth the components of foreign currency translation adjustments for fiscal 2011 , 2010 and 2009 ( in thousands ) : beginning balance foreign currency translation adjustments income tax effect relating to translation adjustments for undistributed foreign earnings ending balance $ 7632 ( 2208 ) $ 10580 $ 10640 ( 4144 ) $ 7632 $ ( 431 ) 17343 ( 6272 ) $ 10640 stock repurchase program to facilitate our stock repurchase program , designed to return value to our stockholders and minimize dilution from stock issuances , we repurchase shares in the open market and also enter into structured repurchase agreements with third-parties . authorization to repurchase shares to cover on-going dilution was not subject to expiration . however , this repurchase program was limited to covering net dilution from stock issuances and was subject to business conditions and cash flow requirements as determined by our board of directors from time to time . during the third quarter of fiscal 2010 , our board of directors approved an amendment to our stock repurchase program authorized in april 2007 from a non-expiring share-based authority to a time-constrained dollar-based authority . as part of this amendment , the board of directors granted authority to repurchase up to $ 1.6 billion in common stock through the end of fiscal 2012 . this amended program did not affect the $ 250.0 million structured stock repurchase agreement entered into during march 2010 . as of december 3 , 2010 , no prepayments remain under that agreement . during fiscal 2011 , 2010 and 2009 , we entered into several structured repurchase agreements with large financial institutions , whereupon we provided the financial institutions with prepayments totaling $ 695.0 million , $ 850.0 million and $ 350.0 million , respectively . of the $ 850.0 million of prepayments during fiscal 2010 , $ 250.0 million was under the stock repurchase program prior to the program amendment and the remaining $ 600.0 million was under the amended $ 1.6 billion time-constrained dollar- based authority . we enter into these agreements in order to take advantage of repurchasing shares at a guaranteed discount to the volume weighted average price ( 201cvwap 201d ) of our common stock over a specified period of time . we only enter into such transactions when the discount that we receive is higher than the foregone return on our cash prepayments to the financial institutions . there were no explicit commissions or fees on these structured repurchases . under the terms of the agreements , there is no requirement for the financial institutions to return any portion of the prepayment to us . the financial institutions agree to deliver shares to us at monthly intervals during the contract term . the parameters used to calculate the number of shares deliverable are : the total notional amount of the contract , the number of trading days in the contract , the number of trading days in the interval and the average vwap of our stock during the interval less the agreed upon discount . during fiscal 2011 , we repurchased approximately 21.8 million shares at an average price of $ 31.81 through structured repurchase agreements entered into during fiscal 2011 . during fiscal 2010 , we repurchased approximately 31.2 million shares at an average price of $ 29.19 through structured repurchase agreements entered into during fiscal 2009 and fiscal 2010 . during fiscal 2009 , we repurchased approximately 15.2 million shares at an average price per share of $ 27.89 through structured repurchase agreements entered into during fiscal 2008 and fiscal 2009 . for fiscal 2011 , 2010 and 2009 , the prepayments were classified as treasury stock on our consolidated balance sheets at the payment date , though only shares physically delivered to us by december 2 , 2011 , december 3 , 2010 and november 27 , 2009 were excluded from the computation of earnings per share . as of december 2 , 2011 and december 3 , 2010 , no prepayments remained under these agreements . as of november 27 , 2009 , approximately $ 59.9 million of prepayments remained under these agreements . subsequent to december 2 , 2011 , as part of our $ 1.6 billion stock repurchase program , we entered into a structured stock repurchase agreement with a large financial institution whereupon we provided them with a prepayment of $ 80.0 million . this amount will be classified as treasury stock on our consolidated balance sheets . upon completion of the $ 80.0 million stock table of contents adobe systems incorporated notes to consolidated financial statements ( continued ) jarcamo typewritten text .
Question: what is the average price of repurchased shares in 2010?
Answer: 29.19
Question: what about in 2008?
Answer: 27.89
Question: what is the net change?
| 1.3 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
Organize your response with headings for the answer and reasons. |
112 / sl green realty corp . 2017 annual report 20 . commitments and contingencies legal proceedings as of december a031 , 2017 , the company and the operating partnership were not involved in any material litigation nor , to management 2019s knowledge , was any material litigation threat- ened against us or our portfolio which if adversely determined could have a material adverse impact on us . environmental matters our management believes that the properties are in compliance in all material respects with applicable federal , state and local ordinances and regulations regarding environmental issues . management is not aware of any environmental liability that it believes would have a materially adverse impact on our financial position , results of operations or cash flows . management is unaware of any instances in which it would incur significant envi- ronmental cost if any of our properties were sold . employment agreements we have entered into employment agreements with certain exec- utives , which expire between december a02018 and february a02020 . the minimum cash-based compensation , including base sal- ary and guaranteed bonus payments , associated with these employment agreements total $ 5.4 a0million for 2018 . in addition these employment agreements provide for deferred compen- sation awards based on our stock price and which were valued at $ 1.6 a0million on the grant date . the value of these awards may change based on fluctuations in our stock price . insurance we maintain 201call-risk 201d property and rental value coverage ( includ- ing coverage regarding the perils of flood , earthquake and terrorism , excluding nuclear , biological , chemical , and radiological terrorism ( 201cnbcr 201d ) ) , within three property insurance programs and liability insurance . separate property and liability coverage may be purchased on a stand-alone basis for certain assets , such as the development of one vanderbilt . additionally , our captive insurance company , belmont insurance company , or belmont , pro- vides coverage for nbcr terrorist acts above a specified trigger , although if belmont is required to pay a claim under our insur- ance policies , we would ultimately record the loss to the extent of belmont 2019s required payment . however , there is no assurance that in the future we will be able to procure coverage at a reasonable cost . further , if we experience losses that are uninsured or that exceed policy limits , we could lose the capital invested in the damaged properties as well as the anticipated future cash flows from those plan trustees adopted a rehabilitation plan consistent with this requirement . no surcharges have been paid to the pension plan as of december a031 , 2017 . for the pension plan years ended june a030 , 2017 , 2016 , and 2015 , the plan received contributions from employers totaling $ 257.8 a0million , $ 249.5 a0million , and $ 221.9 a0million . our contributions to the pension plan represent less than 5.0% ( 5.0 % ) of total contributions to the plan . the health plan was established under the terms of collective bargaining agreements between the union , the realty advisory board on labor relations , inc . and certain other employees . the health plan provides health and other benefits to eligible participants employed in the building service industry who are covered under collective bargaining agreements , or other writ- ten agreements , with the union . the health plan is administered by a board of trustees with equal representation by the employ- ers and the union and operates under employer identification number a013-2928869 . the health plan receives contributions in accordance with collective bargaining agreements or participa- tion agreements . generally , these agreements provide that the employers contribute to the health plan at a fixed rate on behalf of each covered employee . for the health plan years ended , june a030 , 2017 , 2016 , and 2015 , the plan received contributions from employers totaling $ 1.3 a0billion , $ 1.2 a0billion and $ 1.1 a0billion , respectively . our contributions to the health plan represent less than 5.0% ( 5.0 % ) of total contributions to the plan . contributions we made to the multi-employer plans for the years ended december a031 , 2017 , 2016 and 2015 are included in the table below ( in thousands ) : . <table class='wikitable'><tr><td>1</td><td>benefit plan</td><td>2017</td><td>2016</td><td>2015</td></tr><tr><td>2</td><td>pension plan</td><td>$ 3856</td><td>$ 3979</td><td>$ 2732</td></tr><tr><td>3</td><td>health plan</td><td>11426</td><td>11530</td><td>8736</td></tr><tr><td>4</td><td>other plans</td><td>1463</td><td>1583</td><td>5716</td></tr><tr><td>5</td><td>total plan contributions</td><td>$ 16745</td><td>$ 17092</td><td>$ 17184</td></tr></table> 401 ( k ) plan in august a01997 , we implemented a 401 ( k ) a0savings/retirement plan , or the 401 ( k ) a0plan , to cover eligible employees of ours , and any designated affiliate . the 401 ( k ) a0plan permits eligible employees to defer up to 15% ( 15 % ) of their annual compensation , subject to certain limitations imposed by the code . the employees 2019 elective deferrals are immediately vested and non-forfeitable upon contribution to the 401 ( k ) a0plan . during a02003 , we amended our 401 ( k ) a0plan to pro- vide for discretionary matching contributions only . for 2017 , 2016 and 2015 , a matching contribution equal to 50% ( 50 % ) of the first 6% ( 6 % ) of annual compensation was made . for the year ended december a031 , 2017 , we made a matching contribution of $ 728782 . for the years ended december a031 , 2016 and 2015 , we made matching contribu- tions of $ 566000 and $ 550000 , respectively. .
Question: what was the value of pension plans for 2017?
Answer: 3856.0
Question: and total plan contributions for that year?
Answer: 16745.0
Question: so what was the percentage of pension plan contributions out of the total?
Answer: 0.23028
Question: and converted to a percentage value?
| 23.02777 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
Organize your response with headings for the answer and reasons. |
part i berths at the end of 2011 . there are approximately 10 ships with an estimated 34000 berths that are expected to be placed in service in the north american cruise market between 2012 and 2016 . europe in europe , cruising represents a smaller but growing sector of the vacation industry . it has experienced a compound annual growth rate in cruise guests of approximately 9.6% ( 9.6 % ) from 2007 to 2011 and we believe this market has significant continued growth poten- tial . we estimate that europe was served by 104 ships with approximately 100000 berths at the beginning of 2007 and by 121 ships with approximately 155000 berths at the end of 2011 . there are approximately 10 ships with an estimated 28000 berths that are expected to be placed in service in the european cruise market between 2012 and 2016 . the following table details the growth in the global , north american and european cruise markets in terms of cruise guests and estimated weighted-average berths over the past five years : global cruise guests ( 1 ) weighted-average supply of berths marketed globally ( 1 ) north american cruise guests ( 2 ) weighted-average supply of berths marketed in north america ( 1 ) european cruise guests ( 3 ) weighted-average supply of berths marketed in europe ( 1 ) . <table class='wikitable'><tr><td>1</td><td>year</td><td>global cruiseguests ( 1 )</td><td>weighted-averagesupplyofberthsmarketedglobally ( 1 )</td><td>northamericancruiseguests ( 2 )</td><td>weighted-average supply ofberths marketedin northamerica ( 1 )</td><td>europeancruiseguests</td><td>weighted-averagesupply ofberthsmarketed ineurope ( 1 )</td></tr><tr><td>2</td><td>2007</td><td>16586000</td><td>327000</td><td>10247000</td><td>212000</td><td>4080000</td><td>105000</td></tr><tr><td>3</td><td>2008</td><td>17184000</td><td>347000</td><td>10093000</td><td>219000</td><td>4500000</td><td>120000</td></tr><tr><td>4</td><td>2009</td><td>17340000</td><td>363000</td><td>10198000</td><td>222000</td><td>5000000</td><td>131000</td></tr><tr><td>5</td><td>2010</td><td>18800000</td><td>391000</td><td>10781000</td><td>232000</td><td>5540000</td><td>143000</td></tr><tr><td>6</td><td>2011</td><td>20227000</td><td>412000</td><td>11625000</td><td>245000</td><td>5894000</td><td>149000</td></tr></table> ( 1 ) source : our estimates of the number of global cruise guests , and the weighted-average supply of berths marketed globally , in north america and europe are based on a combination of data that we obtain from various publicly available cruise industry trade information sources including seatrade insider and cruise line international association . in addition , our estimates incorporate our own statistical analysis utilizing the same publicly available cruise industry data as a base . ( 2 ) source : cruise line international association based on cruise guests carried for at least two consecutive nights for years 2007 through 2010 . year 2011 amounts represent our estimates ( see number 1 above ) . ( 3 ) source : european cruise council for years 2007 through 2010 . year 2011 amounts represent our estimates ( see number 1 above ) . other markets in addition to expected industry growth in north america and europe as discussed above , we expect the asia/pacific region to demonstrate an even higher growth rate in the near term , although it will continue to represent a relatively small sector compared to north america and europe . we compete with a number of cruise lines ; however , our principal competitors are carnival corporation & plc , which owns , among others , aida cruises , carnival cruise lines , costa cruises , cunard line , holland america line , iberocruceros , p&o cruises and princess cruises ; disney cruise line ; msc cruises ; norwegian cruise line and oceania cruises . cruise lines compete with other vacation alternatives such as land-based resort hotels and sightseeing destinations for consum- ers 2019 leisure time . demand for such activities is influ- enced by political and general economic conditions . companies within the vacation market are dependent on consumer discretionary spending . operating strategies our principal operating strategies are to : and employees and protect the environment in which our vessels and organization operate , to better serve our global guest base and grow our business , order to enhance our revenues while continuing to expand and diversify our guest mix through interna- tional guest sourcing , and ensure adequate cash and liquidity , with the overall goal of maximizing our return on invested capital and long-term shareholder value , our brands throughout the world , revitalization of existing ships and the transfer of key innovations across each brand , while expanding our fleet with the new state-of-the-art cruise ships recently delivered and on order , by deploying them into those markets and itineraries that provide opportunities to optimize returns , while continuing our focus on existing key markets , support ongoing operations and initiatives , and the principal industry distribution channel , while enhancing our consumer outreach programs. .
Question: what were the number of berths in 2011?
| 155000.0 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
Organize your response with headings for the answer and reasons. |
organizational structure a key enabler of the republic way operating model is our organizational structure that fosters a high performance culture by maintaining 360-degree accountability and full profit and loss responsibility with local management , supported by a functional structure to provide subject matter expertise . this structure allows us to take advantage of our scale by coordinating functionally across all of our markets , while empowering local management to respond to unique market dynamics . our senior management evaluates , oversees and manages the financial performance of our operations through two field groups , referred to as group 1 and group 2 . group 1 primarily consists of geographic areas located in the western united states , and group 2 primarily consists of geographic areas located in the southeastern and mid-western united states , and the eastern seaboard of the united states . each field group is organized into several areas and each area contains multiple business units or operating locations . each of our field groups and all of our areas provide collection , transfer , recycling and landfill services . see note 14 , segment reporting , to our consolidated financial statements in item 8 of this form 10-k for further discussion of our operating segments . through this operating model , we have rolled out several productivity and cost control initiatives designed to deliver the best service possible to our customers in an efficient and environmentally sound way . fleet automation approximately 75% ( 75 % ) of our residential routes have been converted to automated single-driver trucks . by converting our residential routes to automated service , we reduce labor costs , improve driver productivity , decrease emissions and create a safer work environment for our employees . additionally , communities using automated vehicles have higher participation rates in recycling programs , thereby complementing our initiative to expand our recycling capabilities . fleet conversion to compressed natural gas ( cng ) approximately 20% ( 20 % ) of our fleet operates on natural gas . we expect to continue our gradual fleet conversion to cng as part of our ordinary annual fleet replacement process . we believe a gradual fleet conversion is the most prudent approach to realizing the full value of our previous fleet investments . approximately 13% ( 13 % ) of our replacement vehicle purchases during 2018 were cng vehicles . we believe using cng vehicles provides us a competitive advantage in communities with strict clean emission initiatives that focus on protecting the environment . although upfront capital costs are higher , using cng reduces our overall fleet operating costs through lower fuel expenses . as of december 31 , 2018 , we operated 37 cng fueling stations . standardized maintenance based on an industry trade publication , we operate the seventh largest vocational fleet in the united states . as of december 31 , 2018 , our average fleet age in years , by line of business , was as follows : approximate number of vehicles approximate average age . <table class='wikitable'><tr><td>1</td><td>-</td><td>approximate number of vehicles</td><td>approximate average age</td></tr><tr><td>2</td><td>residential</td><td>7000</td><td>7.5</td></tr><tr><td>3</td><td>small-container</td><td>4700</td><td>7.0</td></tr><tr><td>4</td><td>large-container</td><td>4300</td><td>8.8</td></tr><tr><td>5</td><td>total</td><td>16000</td><td>7.7</td></tr></table> onefleet , our standardized vehicle maintenance program , enables us to use best practices for fleet management , truck care and maintenance . through standardization of core functions , we believe we can minimize variability .
Question: what is the approximate number of residential vehicles as of december 2008?
Answer: 7000.0
Question: what about large-container vehicles?
Answer: 4300.0
Question: what is the ratio of residential to large-container?
Answer: 1.62791
Question: what portion of total vehicles uses natural gas?
| 3200.0 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
Organize your response with headings for the answer and reasons. |
15 . leases in january 1996 , the company entered into a lease agreement with an unrelated third party for a new corporate office facility , which the company occupied in february 1997 . in may 2004 , the company entered into the first amendment to this lease agreement , effective january 1 , 2004 . the lease was extended from an original period of 10 years , with an option for five additional years , to a period of 18 years from the inception date , with an option for five additional years . the company incurred lease rental expense related to this facility of $ 1.3 million in 2008 , 2007 and 2006 . the future minimum lease payments are $ 1.4 million per annum from january 1 , 2009 to december 31 , 2014 . the future minimum lease payments from january 1 , 2015 through december 31 , 2019 will be determined based on prevailing market rental rates at the time of the extension , if elected . the amended lease also provided for the lessor to reimburse the company for up to $ 550000 in building refurbishments completed through march 31 , 2006 . these amounts have been recorded as a reduction of lease expense over the remaining term of the lease . the company has also entered into various noncancellable operating leases for equipment and office space . office space lease expense totaled $ 9.3 million , $ 6.3 million and $ 4.7 million for the years ended december 31 , 2008 , 2007 and 2006 , respectively . future minimum lease payments under noncancellable operating leases for office space in effect at december 31 , 2008 are $ 8.8 million in 2009 , $ 6.6 million in 2010 , $ 3.0 million in 2011 , $ 1.8 million in 2012 and $ 1.1 million in 2013 . 16 . royalty agreements the company has entered into various renewable , nonexclusive license agreements under which the company has been granted access to the licensor 2019s technology and the right to sell the technology in the company 2019s product line . royalties are payable to developers of the software at various rates and amounts , which generally are based upon unit sales or revenue . royalty fees are reported in cost of goods sold and were $ 6.3 million , $ 5.2 million and $ 3.9 million for the years ended december 31 , 2008 , 2007 and 2006 , respectively . 17 . geographic information revenue to external customers is attributed to individual countries based upon the location of the customer . revenue by geographic area is as follows: . <table class='wikitable'><tr><td>1</td><td>( in thousands )</td><td>year ended december 31 , 2008</td><td>year ended december 31 , 2007</td><td>year ended december 31 , 2006</td></tr><tr><td>2</td><td>united states</td><td>$ 151688</td><td>$ 131777</td><td>$ 94282</td></tr><tr><td>3</td><td>germany</td><td>68390</td><td>50973</td><td>34567</td></tr><tr><td>4</td><td>japan</td><td>66960</td><td>50896</td><td>35391</td></tr><tr><td>5</td><td>canada</td><td>8033</td><td>4809</td><td>4255</td></tr><tr><td>6</td><td>other european</td><td>127246</td><td>108971</td><td>70184</td></tr><tr><td>7</td><td>other international</td><td>56022</td><td>37914</td><td>24961</td></tr><tr><td>8</td><td>total revenue</td><td>$ 478339</td><td>$ 385340</td><td>$ 263640</td></tr></table> .
Question: what is the total future minimum lease payments under noncancellable operating leases for office space for 2009 and 2010?
Answer: 15.4
Question: what about if 2011 is added?
Answer: 18.4
Question: and if 2012 is added?
Answer: 20.2
Question: what about if 2013 is added
| 21.3 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
Organize your response with headings for the answer and reasons. |
republic services , inc . notes to consolidated financial statements 2014 ( continued ) charges or other amounts due that are probable at settlement . the aggregate cash surrender value of these life insurance policies was $ 90.5 million and $ 77.1 million as of december 31 , 2015 and 2014 , respectively , and is classified in other assets in our consolidated balance sheets . the dcp liability was $ 83.3 million and $ 76.3 million as of december 31 , 2015 and 2014 , respectively , and is classified in other long-term liabilities in our consolidated balance sheets . employee stock purchase plan republic employees are eligible to participate in an employee stock purchase plan . the plan allows participants to purchase our common stock for 95% ( 95 % ) of its quoted market price on the last day of each calendar quarter . for the years ended december 31 , 2015 , 2014 and 2013 , issuances under this plan totaled 141055 shares , 139941 shares and 142217 shares , respectively . as of december 31 , 2015 , shares reserved for issuance to employees under this plan totaled 0.6 million and republic held employee contributions of approximately $ 1.4 million for the purchase of common stock . 12 . stock repurchases and dividends stock repurchases stock repurchase activity during the years ended december 31 , 2015 and 2014 follows ( in millions except per share amounts ) : . <table class='wikitable'><tr><td>1</td><td>-</td><td>2015</td><td>2014</td></tr><tr><td>2</td><td>number of shares repurchased</td><td>9.8</td><td>11.1</td></tr><tr><td>3</td><td>amount paid</td><td>$ 404.7</td><td>$ 400.4</td></tr><tr><td>4</td><td>weighted average cost per share</td><td>$ 41.39</td><td>$ 35.92</td></tr></table> as of december 31 , 2015 , 0.1 million repurchased shares were pending settlement and $ 3.7 million were unpaid and included within our accrued liabilities . in october 2015 , our board of directors added $ 900.0 million to the existing share repurchase authorization , which now extends through december 31 , 2017 . share repurchases under the program may be made through open market purchases or privately negotiated transactions in accordance with applicable federal securities laws . while the board of directors has approved the program , the timing of any purchases , the prices and the number of shares of common stock to be purchased will be determined by our management , at its discretion , and will depend upon market conditions and other factors . the share repurchase program may be extended , suspended or discontinued at any time . as of december 31 , 2015 , the october 2015 repurchase program had remaining authorized purchase capacity of $ 855.5 million . in december 2015 , our board of directors changed the status of 71272964 treasury shares to authorized and unissued . in doing so , the number of our issued shares was reduced by the stated amount . our accounting policy is to deduct the par value from common stock and to reflect the excess of cost over par value as a deduction from additional paid-in capital . the change in unissued shares resulted in a reduction of $ 2295.3 million in treasury stock , $ 0.6 million in common stock , and $ 2294.7 million in additional paid-in capital . there was no effect on our total stockholders 2019 equity position as a result of the change . dividends in october 2015 , our board of directors approved a quarterly dividend of $ 0.30 per share . cash dividends declared were $ 404.3 million , $ 383.6 million and $ 357.3 million for the years ended december 31 , 2015 , 2014 and 2013 , respectively . as of december 31 , 2015 , we recorded a quarterly dividend payable of $ 103.7 million to shareholders of record at the close of business on january 4 , 2016. .
Question: what was the difference in weighted average cost per share between 2014 and 2015?
Answer: 5.47
Question: and the specific value for 2014 again?
| 35.92 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
Organize your response with headings for the answer and reasons. |
levels during 2008 , an indication that efforts to improve network operations translated into better customer service . 2022 fuel prices 2013 crude oil prices increased at a steady rate through the first seven months of 2008 , closing at a record high of $ 145.29 a barrel in early july . as the economy worsened during the third and fourth quarters , fuel prices dropped dramatically , hitting $ 33.87 per barrel in december , a near five-year low . despite these price declines toward the end of the year , our 2008 average fuel price increased by 39% ( 39 % ) and added $ 1.1 billion of operating expenses compared to 2007 . our fuel surcharge programs helped offset the impact of higher fuel prices . in addition , we reduced our consumption rate by 4% ( 4 % ) , saving approximately 58 million gallons of fuel during the year . the use of newer , more fuel efficient locomotives ; our fuel conservation programs ; improved network operations ; and a shift in commodity mix , primarily due to growth in bulk shipments , contributed to the improvement . 2022 free cash flow 2013 cash generated by operating activities totaled a record $ 4.1 billion , yielding free cash flow of $ 825 million in 2008 . free cash flow is defined as cash provided by operating activities , less cash used in investing activities and dividends paid . free cash flow is not considered a financial measure under accounting principles generally accepted in the united states ( gaap ) by sec regulation g and item 10 of sec regulation s-k . we believe free cash flow is important in evaluating our financial performance and measures our ability to generate cash without additional external financings . free cash flow should be considered in addition to , rather than as a substitute for , cash provided by operating activities . the following table reconciles cash provided by operating activities ( gaap measure ) to free cash flow ( non-gaap measure ) : millions of dollars 2008 2007 2006 . <table class='wikitable'><tr><td>1</td><td>millions of dollars</td><td>2008</td><td>2007</td><td>2006</td></tr><tr><td>2</td><td>cash provided by operating activities</td><td>$ 4070</td><td>$ 3277</td><td>$ 2880</td></tr><tr><td>3</td><td>cash used in investing activities</td><td>-2764 ( 2764 )</td><td>-2426 ( 2426 )</td><td>-2042 ( 2042 )</td></tr><tr><td>4</td><td>dividends paid</td><td>-481 ( 481 )</td><td>-364 ( 364 )</td><td>-322 ( 322 )</td></tr><tr><td>5</td><td>free cash flow</td><td>$ 825</td><td>$ 487</td><td>$ 516</td></tr></table> 2009 outlook 2022 safety 2013 operating a safe railroad benefits our employees , our customers , our shareholders , and the public . we will continue using a multi-faceted approach to safety , utilizing technology , risk assessment , quality control , and training and engaging our employees . we plan to continue implementation of total safety culture ( tsc ) throughout our operations . tsc , an employee-focused initiative that has helped improve safety , is a process designed to establish , maintain , and promote safety among co-workers . with respect to public safety , we will continue our efforts to maintain , upgrade , and close crossings , install video cameras on locomotives , and educate the public about crossing safety through various railroad and industry programs , along with other activities . 2022 transportation plan 2013 in 2009 , we will continue to evaluate traffic flows and network logistic patterns to identify additional opportunities to simplify operations and improve network efficiency and asset utilization . we plan to maintain adequate manpower and locomotives , and improve productivity using industrial engineering techniques . 2022 fuel prices 2013 on average , we expect fuel prices to decrease substantially from the average price we paid in 2008 . however , due to economic uncertainty , other global pressures , and weather incidents , fuel prices again could be volatile during the year . to reduce the impact of fuel price on earnings , we .
Question: what was free cash flow in 2008?
| 825.0 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
Organize your response with headings for the answer and reasons. |
2010 . on november 1 , 2010 , we redeemed all $ 400 million of our outstanding 6.65% ( 6.65 % ) notes due january 15 , 2011 . the redemption resulted in a $ 5 million early extinguishment charge . receivables securitization facility 2013 at december 31 , 2010 , we have recorded $ 100 million as secured debt under our receivables securitization facility . ( see further discussion of our receivables securitization facility in note 10. ) 15 . variable interest entities we have entered into various lease transactions in which the structure of the leases contain variable interest entities ( vies ) . these vies were created solely for the purpose of doing lease transactions ( principally involving railroad equipment and facilities ) and have no other activities , assets or liabilities outside of the lease transactions . within these lease arrangements , we have the right to purchase some or all of the assets at fixed prices . depending on market conditions , fixed-price purchase options available in the leases could potentially provide benefits to us ; however , these benefits are not expected to be significant . we maintain and operate the assets based on contractual obligations within the lease arrangements , which set specific guidelines consistent within the railroad industry . as such , we have no control over activities that could materially impact the fair value of the leased assets . we do not hold the power to direct the activities of the vies and , therefore , do not control the ongoing activities that have a significant impact on the economic performance of the vies . additionally , we do not have the obligation to absorb losses of the vies or the right to receive benefits of the vies that could potentially be significant to the we are not considered to be the primary beneficiary and do not consolidate these vies because our actions and decisions do not have the most significant effect on the vie 2019s performance and our fixed-price purchase price options are not considered to be potentially significant to the vie 2019s . the future minimum lease payments associated with the vie leases totaled $ 4.2 billion as of december 31 , 2010 . 16 . leases we lease certain locomotives , freight cars , and other property . the consolidated statement of financial position as of december 31 , 2010 and 2009 included $ 2520 million , net of $ 901 million of accumulated depreciation , and $ 2754 million , net of $ 927 million of accumulated depreciation , respectively , for properties held under capital leases . a charge to income resulting from the depreciation for assets held under capital leases is included within depreciation expense in our consolidated statements of income . future minimum lease payments for operating and capital leases with initial or remaining non-cancelable lease terms in excess of one year as of december 31 , 2010 , were as follows : millions operating leases capital leases . <table class='wikitable'><tr><td>1</td><td>millions</td><td>operatingleases</td><td>capitalleases</td></tr><tr><td>2</td><td>2011</td><td>$ 613</td><td>$ 311</td></tr><tr><td>3</td><td>2012</td><td>526</td><td>251</td></tr><tr><td>4</td><td>2013</td><td>461</td><td>253</td></tr><tr><td>5</td><td>2014</td><td>382</td><td>261</td></tr><tr><td>6</td><td>2015</td><td>340</td><td>262</td></tr><tr><td>7</td><td>later years</td><td>2599</td><td>1355</td></tr><tr><td>8</td><td>total minimum lease payments</td><td>$ 4921</td><td>$ 2693</td></tr><tr><td>9</td><td>amount representing interest</td><td>n/a</td><td>-784 ( 784 )</td></tr><tr><td>10</td><td>present value of minimum lease payments</td><td>n/a</td><td>$ 1909</td></tr></table> the majority of capital lease payments relate to locomotives . rent expense for operating leases with terms exceeding one month was $ 624 million in 2010 , $ 686 million in 2009 , and $ 747 million in 2008 . when cash rental payments are not made on a straight-line basis , we recognize variable rental expense on a straight-line basis over the lease term . contingent rentals and sub-rentals are not significant. .
Question: what is the difference in operating and capital leases for 2011?
| 302.0 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
Organize your response with headings for the answer and reasons. |
reinvested for continued use in foreign operations . if the total undistributed earnings of foreign subsidiaries were remitted , a significant amount of the additional tax would be offset by the allowable foreign tax credits . it is not practical for us to determine the additional tax of remitting these earnings . in september 2007 , we reached a settlement with the united states department of justice to resolve an investigation into financial relationships between major orthopaedic manufacturers and consulting orthopaedic surgeons . under the terms of the settlement , we paid a civil settlement amount of $ 169.5 million and we recorded an expense in that amount . at the time , no tax benefit was recorded related to the settlement expense due to the uncertainty as to the tax treatment . during the third quarter of 2008 , we reached an agreement with the u.s . internal revenue service ( irs ) confirming the deductibility of a portion of the settlement payment . as a result , during 2008 we recorded a current tax benefit of $ 31.7 million . in june 2006 , the financial accounting standards board ( fasb ) issued interpretation no . 48 , accounting for uncertainty in income taxes 2013 an interpretation of fasb statement no . 109 , accounting for income taxes ( fin 48 ) . fin 48 addresses the determination of whether tax benefits claimed or expected to be claimed on a tax return should be recorded in the financial statements . under fin 48 , we may recognize the tax benefit from an uncertain tax position only if it is more likely than not that the tax position will be sustained on examination by the taxing authorities , based on the technical merits of the position . the tax benefits recognized in the financial statements from such a position should be measured based on the largest benefit that has a greater than fifty percent likelihood of being realized upon ultimate settlement . fin 48 also provides guidance on derecognition , classification , interest and penalties on income taxes , accounting in interim periods and requires increased disclosures . we adopted fin 48 on january 1 , 2007 . prior to the adoption of fin 48 we had a long term tax liability for expected settlement of various federal , state and foreign income tax liabilities that was reflected net of the corollary tax impact of these expected settlements of $ 102.1 million , as well as a separate accrued interest liability of $ 1.7 million . as a result of the adoption of fin 48 , we are required to present the different components of such liability on a gross basis versus the historical net presentation . the adoption resulted in the financial statement liability for unrecognized tax benefits decreasing by $ 6.4 million as of january 1 , 2007 . the adoption resulted in this decrease in the liability as well as a reduction to retained earnings of $ 4.8 million , a reduction in goodwill of $ 61.4 million , the establishment of a tax receivable of $ 58.2 million , which was recorded in other current and non-current assets on our consolidated balance sheet , and an increase in an interest/penalty payable of $ 7.9 million , all as of january 1 , 2007 . therefore , after the adoption of fin 48 , the amount of unrecognized tax benefits is $ 95.7 million as of january 1 , 2007 . as of december 31 , 2008 , the amount of unrecognized tax benefits is $ 129.5 million . of this amount , $ 45.5 million would impact our effective tax rate if recognized . $ 38.2 million of the $ 129.5 million liability for unrecognized tax benefits relate to tax positions of acquired entities taken prior to their acquisition by us . under fas 141 ( r ) , if these liabilities are settled for different amounts , they will affect the income tax expense in the period of reversal or settlement . the following is a tabular reconciliation of the total amounts of unrecognized tax benefits ( in millions ) : . <table class='wikitable'><tr><td>1</td><td>-</td><td>2008</td><td>2007</td></tr><tr><td>2</td><td>balance at january 1</td><td>$ 135.2</td><td>$ 95.7</td></tr><tr><td>3</td><td>increases related to prior periods</td><td>12.1</td><td>27.4</td></tr><tr><td>4</td><td>decreases related to prior periods</td><td>-32.0 ( 32.0 )</td><td>-5.5 ( 5.5 )</td></tr><tr><td>5</td><td>increases related to current period</td><td>15.8</td><td>21.9</td></tr><tr><td>6</td><td>decreases related to settlements with taxing authorities</td><td>-1.3 ( 1.3 )</td><td>-1.3 ( 1.3 )</td></tr><tr><td>7</td><td>decreases related to lapse of statue of limitations</td><td>-0.3 ( 0.3 )</td><td>-3.0 ( 3.0 )</td></tr><tr><td>8</td><td>balance at december 31</td><td>$ 129.5</td><td>$ 135.2</td></tr></table> we recognize accrued interest and penalties related to unrecognized tax benefits in income tax expense in the consolidated statements of earnings , which is consistent with the recognition of these items in prior reporting periods . as of december 31 , 2007 , we recorded a liability of $ 19.6 million for accrued interest and penalties , of which $ 14.7 million would impact our effective tax rate , if recognized . the amount of this liability is $ 22.9 million as of december 31 , 2008 . of this amount , $ 17.1 million would impact our effective tax rate , if recognized . we expect that the amount of tax liability for unrecognized tax benefits will change in the next twelve months ; however , we do not expect these changes will have a significant impact on our results of operations or financial position . the u.s . federal statute of limitations remains open for the year 2003 and onward . the u.s . federal returns for years 2003 and 2004 are currently under examination by the irs . on july 15 , 2008 , the irs issued its examination report . we filed a formal protest on august 15 , 2008 and requested a conference with the appeals office regarding disputed issues . although the appeals process could take several years , we do not anticipate resolution of the audit will result in any significant impact on our results of operations , financial position or cash flows . in addition , for the 1999 tax year of centerpulse , which we acquired in october 2003 , one issue remains in dispute . state income tax returns are generally subject to examination for a period of 3 to 5 years after filing of the respective return . the state impact of any federal changes remains subject to examination by various states for a period of up to one year after formal notification to the states . we have various state income tax returns in the process of examination , administrative appeals or litigation . it is z i m m e r h o l d i n g s , i n c . 2 0 0 8 f o r m 1 0 - k a n n u a l r e p o r t notes to consolidated financial statements ( continued ) %%transmsg*** transmitting job : c48761 pcn : 057000000 ***%%pcmsg|57 |00010|yes|no|02/24/2009 06:10|0|0|page is valid , no graphics -- color : d| .
Question: what were unrecognized tax benefits in 2008?
Answer: 129.5
Question: what were they in 2007?
| 135.2 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
Organize your response with headings for the answer and reasons. |
changes in our performance retention awards during 2009 were as follows : shares ( thous. ) weighted-average grant-date fair value . <table class='wikitable'><tr><td>1</td><td>-</td><td>shares ( thous. )</td><td>weighted-averagegrant-date fair value</td></tr><tr><td>2</td><td>nonvested at january 1 2009</td><td>873</td><td>$ 50.70</td></tr><tr><td>3</td><td>granted</td><td>449</td><td>47.28</td></tr><tr><td>4</td><td>vested</td><td>-240 ( 240 )</td><td>43.23</td></tr><tr><td>5</td><td>forfeited</td><td>-22 ( 22 )</td><td>53.86</td></tr><tr><td>6</td><td>nonvested at december 31 2009</td><td>1060</td><td>$ 50.88</td></tr></table> at december 31 , 2009 , there was $ 22 million of total unrecognized compensation expense related to nonvested performance retention awards , which is expected to be recognized over a weighted-average period of 1.3 years . a portion of this expense is subject to achievement of the roic levels established for the performance stock unit grants . 5 . retirement plans pension and other postretirement benefits pension plans 2013 we provide defined benefit retirement income to eligible non-union employees through qualified and non-qualified ( supplemental ) pension plans . qualified and non-qualified pension benefits are based on years of service and the highest compensation during the latest years of employment , with specific reductions made for early retirements . other postretirement benefits ( opeb ) 2013 we provide defined contribution medical and life insurance benefits for eligible retirees . these benefits are funded as medical claims and life insurance premiums are plan amendment effective january 1 , 2010 , medicare-eligible retirees who are enrolled in the union pacific retiree medical program will receive a contribution to a health reimbursement account , which can be used to pay eligible out-of-pocket medical expenses . the impact of the plan amendment is reflected in the projected benefit obligation ( pbo ) at december 31 , 2009 . funded status we are required by gaap to separately recognize the overfunded or underfunded status of our pension and opeb plans as an asset or liability . the funded status represents the difference between the pbo and the fair value of the plan assets . the pbo is the present value of benefits earned to date by plan participants , including the effect of assumed future salary increases . the pbo of the opeb plan is equal to the accumulated benefit obligation , as the present value of the opeb liabilities is not affected by salary increases . plan assets are measured at fair value . we use a december 31 measurement date for plan assets and obligations for all our retirement plans. .
Question: as of december 31, 2009, what was the number of non-vested shares?
Answer: 1060000.0
Question: and what was the remaining compensation expense for the unvested awards?
| 22000000.0 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
Organize your response with headings for the answer and reasons. |
part i item 1 . business our company founded in 1886 , american water works company , inc. , ( the 201ccompany , 201d 201camerican water 201d or 201caww 201d ) is a delaware holding company . american water is the most geographically diversified , as well as the largest publicly-traded , united states water and wastewater utility company , as measured by both operating revenues and population served . as a holding company , we conduct substantially all of our business operations through our subsidiaries . our approximately 6400 employees provide an estimated 15 million people with drinking water , wastewater and/or other water-related services in 47 states and one canadian province . operating segments we report our results of operations in two operating segments : the regulated businesses and the market- based operations . additional information with respect to our operating segment results is included in the section entitled 201citem 7 2014management 2019s discussion and analysis of financial condition and results of operations , 201d and note 18 of the consolidated financial statements . regulated businesses our primary business involves the ownership of subsidiaries that provide water and wastewater utility services to residential , commercial , industrial and other customers , including sale for resale and public authority customers . we report the results of this business in our regulated businesses segment . our subsidiaries that provide these services are generally subject to economic regulation by certain state commissions or other entities engaged in economic regulation , hereafter referred to as public utility commissions , or 201cpucs , 201d of the states in which we operate . the federal and state governments also regulate environmental , health and safety , and water quality matters . our regulated businesses segment operating revenues were $ 2674.3 million for 2014 , $ 2539.9 for 2013 , $ 2564.4 million for 2012 , accounting for 88.8% ( 88.8 % ) , 90.1% ( 90.1 % ) and 89.9% ( 89.9 % ) , respectively , of total operating revenues for the same periods . the following table sets forth our regulated businesses operating revenues , number of customers and an estimate of population served as of december 31 , 2014 : operating revenues ( in millions ) % ( % ) of total number of customers % ( % ) of total estimated population served ( in millions ) % ( % ) of total . <table class='wikitable'><tr><td>1</td><td>new jersey</td><td>operatingrevenues ( in millions ) $ 652.3</td><td>% ( % ) of total 24.5% ( 24.5 % )</td><td>number ofcustomers 648066</td><td>% ( % ) of total 20.2% ( 20.2 % )</td><td>estimatedpopulationserved ( in millions ) 2.7</td><td>% ( % ) of total 22.7% ( 22.7 % )</td></tr><tr><td>2</td><td>pennsylvania</td><td>605.4</td><td>22.6% ( 22.6 % )</td><td>666415</td><td>20.7% ( 20.7 % )</td><td>2.2</td><td>18.5% ( 18.5 % )</td></tr><tr><td>3</td><td>missouri</td><td>270.2</td><td>10.1% ( 10.1 % )</td><td>464498</td><td>14.4% ( 14.4 % )</td><td>1.5</td><td>12.7% ( 12.7 % )</td></tr><tr><td>4</td><td>illinois ( a )</td><td>262.3</td><td>9.8% ( 9.8 % )</td><td>312017</td><td>9.7% ( 9.7 % )</td><td>1.3</td><td>10.9% ( 10.9 % )</td></tr><tr><td>5</td><td>california</td><td>209.8</td><td>7.8% ( 7.8 % )</td><td>174198</td><td>5.4% ( 5.4 % )</td><td>0.6</td><td>5.0% ( 5.0 % )</td></tr><tr><td>6</td><td>indiana</td><td>200.6</td><td>7.5% ( 7.5 % )</td><td>293666</td><td>9.1% ( 9.1 % )</td><td>1.2</td><td>10.1% ( 10.1 % )</td></tr><tr><td>7</td><td>west virginia ( b )</td><td>127.0</td><td>4.7% ( 4.7 % )</td><td>170371</td><td>5.3% ( 5.3 % )</td><td>0.6</td><td>5.0% ( 5.0 % )</td></tr><tr><td>8</td><td>subtotal ( top seven states )</td><td>2327.6</td><td>87.0% ( 87.0 % )</td><td>2729231</td><td>84.8% ( 84.8 % )</td><td>10.1</td><td>84.9% ( 84.9 % )</td></tr><tr><td>9</td><td>other ( c )</td><td>346.7</td><td>13.0% ( 13.0 % )</td><td>489961</td><td>15.2% ( 15.2 % )</td><td>1.8</td><td>15.1% ( 15.1 % )</td></tr><tr><td>10</td><td>total regulated businesses</td><td>$ 2674.3</td><td>100.0% ( 100.0 % )</td><td>3219192</td><td>100.0% ( 100.0 % )</td><td>11.9</td><td>100.0% ( 100.0 % )</td></tr></table> ( a ) includes illinois-american water company , which we refer to as ilawc and american lake water company , also a regulated subsidiary in illinois. .
Question: what is the estimated pennsylvania population?
Answer: 2.2
Question: what is that number times 1000000?
Answer: 2200000.0
Question: what is the total number of pennsylvania customers divided by the estimated population?
| 0.30292 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
Organize your response with headings for the answer and reasons. |
management 2019s discussion and analysis of financial condition and results of operations ( continued ) detail with respect to our investment portfolio as of december 31 , 2014 and 2013 is provided in note 3 to the consolidated financial statements included under item 8 of this form 10-k . loans and leases averaged $ 15.91 billion for the year ended 2014 , up from $ 13.78 billion in 2013 . the increase was mainly related to mutual fund lending and our continued investment in senior secured bank loans . mutual fund lending and senior secured bank loans averaged approximately $ 9.12 billion and $ 1.40 billion , respectively , for the year ended december 31 , 2014 compared to $ 8.16 billion and $ 170 million for the year ended december 31 , 2013 , respectively . average loans and leases also include short- duration advances . table 13 : u.s . and non-u.s . short-duration advances years ended december 31 . <table class='wikitable'><tr><td>1</td><td>( in millions )</td><td>2014</td><td>2013</td><td>2012</td></tr><tr><td>2</td><td>average u.s . short-duration advances</td><td>$ 2355</td><td>$ 2356</td><td>$ 1972</td></tr><tr><td>3</td><td>average non-u.s . short-duration advances</td><td>1512</td><td>1393</td><td>1393</td></tr><tr><td>4</td><td>average total short-duration advances</td><td>$ 3867</td><td>$ 3749</td><td>$ 3365</td></tr><tr><td>5</td><td>average short-durance advances to average loans and leases</td><td>24% ( 24 % )</td><td>27% ( 27 % )</td><td>29% ( 29 % )</td></tr></table> average u.s . short-duration advances $ 2355 $ 2356 $ 1972 average non-u.s . short-duration advances 1512 1393 1393 average total short-duration advances $ 3867 $ 3749 $ 3365 average short-durance advances to average loans and leases 24% ( 24 % ) 27% ( 27 % ) 29% ( 29 % ) the decline in proportion of the average daily short-duration advances to average loans and leases is primarily due to growth in the other segments of the loan and lease portfolio . short-duration advances provide liquidity to clients in support of their investment activities . although average short-duration advances for the year ended december 31 , 2014 increased compared to the year ended december 31 , 2013 , such average advances remained low relative to historical levels , mainly the result of clients continuing to hold higher levels of liquidity . average other interest-earning assets increased to $ 15.94 billion for the year ended december 31 , 2014 from $ 11.16 billion for the year ended december 31 , 2013 . the increased levels were primarily the result of higher levels of cash collateral provided in connection with our enhanced custody business . aggregate average interest-bearing deposits increased to $ 130.30 billion for the year ended december 31 , 2014 from $ 109.25 billion for year ended 2013 . the higher levels were primarily the result of increases in both u.s . and non-u.s . transaction accounts and time deposits . future transaction account levels will be influenced by the underlying asset servicing business , as well as market conditions , including the general levels of u.s . and non-u.s . interest rates . average other short-term borrowings increased to $ 4.18 billion for the year ended december 31 , 2014 from $ 3.79 billion for the year ended 2013 . the increase was the result of a higher level of client demand for our commercial paper . the decline in rates paid from 1.6% ( 1.6 % ) in 2013 to 0.1% ( 0.1 % ) in 2014 resulted from a reclassification of certain derivative contracts that hedge our interest-rate risk on certain assets and liabilities , which reduced interest revenue and interest expense . average long-term debt increased to $ 9.31 billion for the year ended december 31 , 2014 from $ 8.42 billion for the year ended december 31 , 2013 . the increase primarily reflected the issuance of $ 1.5 billion of senior and subordinated debt in may 2013 , $ 1.0 billion of senior debt issued in november 2013 , and $ 1.0 billion of senior debt issued in december 2014 . this is partially offset by the maturities of $ 500 million of senior debt in may 2014 and $ 250 million of senior debt in march 2014 . average other interest-bearing liabilities increased to $ 7.35 billion for the year ended december 31 , 2014 from $ 6.46 billion for the year ended december 31 , 2013 , primarily the result of higher levels of cash collateral received from clients in connection with our enhanced custody business . several factors could affect future levels of our net interest revenue and margin , including the mix of client liabilities ; actions of various central banks ; changes in u.s . and non-u.s . interest rates ; changes in the various yield curves around the world ; revised or proposed regulatory capital or liquidity standards , or interpretations of those standards ; the amount of discount accretion generated by the former conduit securities that remain in our investment securities portfolio ; and the yields earned on securities purchased compared to the yields earned on securities sold or matured . based on market conditions and other factors , we continue to reinvest the majority of the proceeds from pay-downs and maturities of investment securities in highly-rated securities , such as u.s . treasury and agency securities , municipal securities , federal agency mortgage-backed securities and u.s . and non-u.s . mortgage- and asset-backed securities . the pace at which we continue to reinvest and the types of investment securities purchased will depend on the impact of market conditions and other factors over time . we expect these factors and the levels of global interest rates to influence what effect our reinvestment program will have on future levels of our net interest revenue and net interest margin. .
Question: what was the average long-term debt in 2014, in billions?
Answer: 9.31
Question: and what was it in 2013, also in billions?
Answer: 8.42
Question: by how much, then, did it increase over the year, in billions?
| 0.89 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
Organize your response with headings for the answer and reasons. |
the segment had operating earnings of $ 709 million in 2007 , compared to operating earnings of $ 787 million in 2006 . the decrease in operating earnings was primarily due to a decrease in gross margin , driven by : ( i ) lower net sales of iden infrastructure equipment , and ( ii ) continued competitive pricing pressure in the market for gsm infrastructure equipment , partially offset by : ( i ) increased net sales of digital entertainment devices , and ( ii ) the reversal of reorganization of business accruals recorded in 2006 relating to employee severance which were no longer needed . sg&a expenses increased primarily due to the expenses from recently acquired businesses , partially offset by savings from cost-reduction initiatives . r&d expenditures decreased primarily due to savings from cost- reduction initiatives , partially offset by expenditures by recently acquired businesses and continued investment in digital entertainment devices and wimax . as a percentage of net sales in 2007 as compared to 2006 , gross margin , sg&a expenses , r&d expenditures and operating margin all decreased . in 2007 , sales to the segment 2019s top five customers represented approximately 43% ( 43 % ) of the segment 2019s net sales . the segment 2019s backlog was $ 2.6 billion at december 31 , 2007 , compared to $ 3.2 billion at december 31 , 2006 . in the home business , demand for the segment 2019s products depends primarily on the level of capital spending by broadband operators for constructing , rebuilding or upgrading their communications systems , and for offering advanced services . during the second quarter of 2007 , the segment began shipping digital set-tops that support the federal communications commission ( 201cfcc 201d ) 2014 mandated separable security requirement . fcc regulations mandating the separation of security functionality from set-tops went into effect on july 1 , 2007 . as a result of these regulations , many cable service providers accelerated their purchases of set-tops in the first half of 2007 . additionally , in 2007 , 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 hd/dvr devices . during 2007 , the segment completed the acquisitions of : ( i ) netopia , inc. , a broadband equipment provider for dsl customers , which allows for phone , tv and fast internet connections , ( ii ) tut systems , inc. , a leading developer of edge routing and video encoders , ( iii ) modulus video , inc. , a provider of mpeg-4 advanced coding compression systems designed for delivery of high-value video content in ip set-top devices for the digital video , broadcast and satellite marketplaces , ( iv ) terayon communication systems , inc. , a provider of real-time digital video networking applications to cable , satellite and telecommunication service providers worldwide , and ( v ) leapstone systems , inc. , a provider of intelligent multimedia service delivery and content management applications to networks operators . these acquisitions enhance our ability to provide complete end-to-end systems for the delivery of advanced video , voice and data services . in december 2007 , motorola completed the sale of ecc to emerson for $ 346 million in cash . enterprise mobility solutions segment the enterprise mobility solutions segment designs , manufactures , sells , installs and services analog and digital two-way radio , 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 enterprise markets , including government and public safety agencies ( which , together with all sales to distributors of two-way communication products , are referred to as the 201cgovernment and public safety market 201d ) , as well as retail , energy and utilities , transportation , manufacturing , healthcare and other commercial customers ( which , collectively , are referred to as the 201ccommercial enterprise market 201d ) . in 2008 , the segment 2019s net sales represented 27% ( 27 % ) of the company 2019s consolidated net sales , compared to 21% ( 21 % ) in 2007 and 13% ( 13 % ) in 2006 . ( dollars in millions ) 2008 2007 2006 2008 20142007 2007 20142006 years ended december 31 percent change . <table class='wikitable'><tr><td>1</td><td>( dollars in millions )</td><td>years ended december 31 2008</td><td>years ended december 31 2007</td><td>years ended december 31 2006</td><td>years ended december 31 2008 20142007</td><td>2007 20142006</td></tr><tr><td>2</td><td>segment net sales</td><td>$ 8093</td><td>$ 7729</td><td>$ 5400</td><td>5% ( 5 % )</td><td>43% ( 43 % )</td></tr><tr><td>3</td><td>operating earnings</td><td>1496</td><td>1213</td><td>958</td><td>23% ( 23 % )</td><td>27% ( 27 % )</td></tr></table> segment results 20142008 compared to 2007 in 2008 , the segment 2019s net sales increased 5% ( 5 % ) to $ 8.1 billion , compared to $ 7.7 billion in 2007 . the 5% ( 5 % ) increase in net sales reflects an 8% ( 8 % ) increase in net sales to the government and public safety market , partially offset by a 2% ( 2 % ) decrease in net sales to the commercial enterprise market . the increase in net sales to the government and public safety market was primarily driven by : ( i ) increased net sales outside of north america , and ( ii ) the net sales generated by vertex standard co. , ltd. , a business the company acquired a controlling interest of in january 2008 , partially offset by lower net sales in north america . on a geographic basis , the segment 2019s net sales were higher in emea , asia and latin america and lower in north america . 65management 2019s discussion and analysis of financial condition and results of operations %%transmsg*** transmitting job : c49054 pcn : 068000000 ***%%pcmsg|65 |00024|yes|no|02/24/2009 12:31|0|0|page is valid , no graphics -- color : n| .
Question: what was the amount of the reduction in the segment 2019s backlog in 2007?
Answer: 2.6
Question: what was the amount in 2006?
Answer: 3.2
Question: what is the net difference?
| -0.6 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
Organize your response with headings for the answer and reasons. |
human capital management strategic imperative entergy engaged in a strategic imperative intended to optimize the organization through a process known as human capital management . in july 2013 management completed a comprehensive review of entergy 2019s organization design and processes . this effort resulted in a new internal organization structure , which resulted in the elimination of approximately 800 employee positions . entergy incurred approximately $ 110 million in costs in 2013 associated with this phase of human capital management , primarily implementation costs , severance expenses , pension curtailment losses , special termination benefits expense , and corporate property , plant , and equipment impairments . in december 2013 , entergy deferred for future recovery approximately $ 45 million of these costs , as approved by the apsc and the lpsc . see note 2 to the financial statements for details of the deferrals and note 13 to the financial statements for details of the restructuring charges . liquidity and capital resources this section discusses entergy 2019s capital structure , capital spending plans and other uses of capital , sources of capital , and the cash flow activity presented in the cash flow statement . capital structure entergy 2019s capitalization is balanced between equity and debt , as shown in the following table. . <table class='wikitable'><tr><td>1</td><td>-</td><td>2013</td><td>2012</td></tr><tr><td>2</td><td>debt to capital</td><td>57.9% ( 57.9 % )</td><td>58.7% ( 58.7 % )</td></tr><tr><td>3</td><td>effect of excluding securitization bonds</td><td>( 1.6% ( 1.6 % ) )</td><td>( 1.8% ( 1.8 % ) )</td></tr><tr><td>4</td><td>debt to capital excluding securitization bonds ( a )</td><td>56.3% ( 56.3 % )</td><td>56.9% ( 56.9 % )</td></tr><tr><td>5</td><td>effect of subtracting cash</td><td>( 1.5% ( 1.5 % ) )</td><td>( 1.1% ( 1.1 % ) )</td></tr><tr><td>6</td><td>net debt to net capital excluding securitization bonds ( a )</td><td>54.8% ( 54.8 % )</td><td>55.8% ( 55.8 % )</td></tr></table> ( a ) calculation excludes the arkansas , louisiana , and texas securitization bonds , which are non-recourse to entergy arkansas , entergy louisiana , and entergy texas , respectively . net debt consists of debt less cash and cash equivalents . debt consists of notes payable and commercial paper , capital lease obligations , and long-term debt , including the currently maturing portion . capital consists of debt , common shareholders 2019 equity , and subsidiaries 2019 preferred stock without sinking fund . net capital consists of capital less cash and cash equivalents . entergy uses the debt to capital ratios excluding securitization bonds in analyzing its financial condition and believes they provide useful information to its investors and creditors in evaluating entergy 2019s financial condition because the securitization bonds are non-recourse to entergy , as more fully described in note 5 to the financial statements . entergy also uses the net debt to net capital ratio excluding securitization bonds in analyzing its financial condition and believes it provides useful information to its investors and creditors in evaluating entergy 2019s financial condition because net debt indicates entergy 2019s outstanding debt position that could not be readily satisfied by cash and cash equivalents on hand . long-term debt , including the currently maturing portion , makes up most of entergy 2019s total debt outstanding . following are entergy 2019s long-term debt principal maturities and estimated interest payments as of december 31 , 2013 . to estimate future interest payments for variable rate debt , entergy used the rate as of december 31 , 2013 . the amounts below include payments on the entergy louisiana and system energy sale-leaseback transactions , which are included in long-term debt on the balance sheet . entergy corporation and subsidiaries management's financial discussion and analysis .
Question: what was the debt-to-capital ratio in 2013?
Answer: 57.9
Question: and what was it in 2012?
Answer: 58.7
Question: what was, then, the change over the year?
| -0.8 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
Organize your response with headings for the answer and reasons. |
18 2015 annual report performance graph the following chart presents a comparison for the five-year period ended june 30 , 2015 , of the market performance of the company 2019s common stock with the s&p 500 index and an index of peer companies selected by the company : comparison of 5 year cumulative total return among jack henry & associates , inc. , the s&p 500 index , and a peer group the following information depicts a line graph with the following values: . <table class='wikitable'><tr><td>1</td><td>-</td><td>2010</td><td>2011</td><td>2012</td><td>2013</td><td>2014</td><td>2015</td></tr><tr><td>2</td><td>jkhy</td><td>100.00</td><td>127.44</td><td>148.62</td><td>205.60</td><td>263.21</td><td>290.88</td></tr><tr><td>3</td><td>peer group</td><td>100.00</td><td>136.78</td><td>148.10</td><td>174.79</td><td>239.10</td><td>301.34</td></tr><tr><td>4</td><td>s&p 500</td><td>100.00</td><td>130.69</td><td>137.81</td><td>166.20</td><td>207.10</td><td>222.47</td></tr></table> this comparison assumes $ 100 was invested on june 30 , 2010 , and assumes reinvestments of dividends . total returns are calculated according to market capitalization of peer group members at the beginning of each period . peer companies selected are in the business of providing specialized computer software , hardware and related services to financial institutions and other businesses . companies in the peer group are aci worldwide , inc. , bottomline technology , inc. , broadridge financial solutions , cardtronics , inc. , convergys corp. , corelogic , inc. , dst systems , inc. , euronet worldwide , inc. , fair isaac corp. , fidelity national information services , inc. , fiserv , inc. , global payments , inc. , heartland payment systems , inc. , moneygram international , inc. , ss&c technologies holdings , inc. , total systems services , inc. , tyler technologies , inc. , verifone systems , inc. , and wex , inc. . micros systems , inc . was removed from the peer group as it was acquired in september 2014. .
Question: what was the value of the jkhy stock in 2011?
Answer: 127.44
Question: and what was it in 2010?
| 100.0 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
Organize your response with headings for the answer and reasons. |
our operating cash flows are significantly impacted by the seasonality of our businesses . we typically generate most of our operating cash flow in the third and fourth quarters of each year . in june 2015 , we issued $ 900 million of senior notes in a registered public offering . the senior notes consist of two tranches : $ 400 million of five-year notes due 2020 with a coupon of 3% ( 3 % ) and $ 500 million of ten-year notes due 2025 with a coupon of 4% ( 4 % ) . we used the proceeds from the senior notes offering to pay down our revolving credit facility and for general corporate purposes . on december 31 , 2017 , the outstanding amount of the senior notes , net of underwriting commissions and price discounts , was $ 892.6 million . cash flows below is a summary of cash flows for the years ended december 31 , 2017 , 2016 and 2015 . ( in millions ) 2017 2016 2015 . <table class='wikitable'><tr><td>1</td><td>( in millions )</td><td>2017</td><td>2016</td><td>2015</td></tr><tr><td>2</td><td>net cash provided by operating activities</td><td>$ 600.3</td><td>$ 650.5</td><td>$ 429.2</td></tr><tr><td>3</td><td>net cash used in investing activities</td><td>-287.7 ( 287.7 )</td><td>-385.1 ( 385.1 )</td><td>-766.6 ( 766.6 )</td></tr><tr><td>4</td><td>net cash ( used in ) provided by financing activities</td><td>-250.1 ( 250.1 )</td><td>-250.4 ( 250.4 )</td><td>398.8</td></tr><tr><td>5</td><td>effect of foreign exchange rate changes on cash</td><td>9.0</td><td>-2.0 ( 2.0 )</td><td>-14.8 ( 14.8 )</td></tr><tr><td>6</td><td>net increase in cash and cash equivalents</td><td>$ 71.5</td><td>$ 13.0</td><td>$ 46.6</td></tr></table> net cash provided by operating activities was $ 600.3 million in 2017 compared to $ 650.5 million in 2016 and $ 429.2 million in 2015 . the $ 50.2 million decrease in cash provided by operating activities from 2017 to 2016 was primarily due to higher build in working capital , primarily driven by higher inventory purchases in 2017 , partially offset by a higher net income . the $ 221.3 million increase in cash provided by operating activities from 2015 to 2016 was primarily due to a reduction in working capital in 2016 compared to 2015 and higher net income . net cash used in investing activities was $ 287.7 million in 2017 compared to $ 385.1 million in 2016 and $ 766.6 million in 2015 . the decrease of $ 97.4 million from 2016 to 2017 was primarily due lower cost of acquisitions of $ 115.1 million , partially offset by $ 15.7 million of higher capital expenditures . the decrease of $ 381.5 million from 2015 to 2016 was primarily due the decrease in cost of acquisitions of $ 413.1 million , partially offset by $ 20.8 million of higher capital spending . net cash used in financing activities was $ 250.1 million in 2017 compared to net cash used in financing activities of $ 250.4 million in 2016 and net cash provided by in financing activities of $ 398.8 million in 2015 . the change of $ 649.2 million in 2016 compared to 2015 was primarily due to $ 372.8 million of higher share repurchases and lower net borrowings of $ 240.8 million . pension plans subsidiaries of fortune brands sponsor their respective defined benefit pension plans that are funded by a portfolio of investments maintained within our benefit plan trust . in 2017 , 2016 and 2015 , we contributed $ 28.4 million , zero and $ 2.3 million , respectively , to qualified pension plans . in 2018 , we expect to make pension contributions of approximately $ 12.8 million . as of december 31 , 2017 , the fair value of our total pension plan assets was $ 656.6 million , representing funding of 79% ( 79 % ) of the accumulated benefit obligation liability . for the foreseeable future , we believe that we have sufficient liquidity to meet the minimum funding that may be required by the pension protection act of 2006 . foreign exchange we have operations in various foreign countries , principally canada , china , mexico , the united kingdom , france , australia and japan . therefore , changes in the value of the related currencies affect our financial statements when translated into u.s . dollars. .
Question: in 6/15, what percentage of the five-year notes due in 2020 had a coupon of 3%?
| 0.44444 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
Organize your response with headings for the answer and reasons. |
2 0 0 8 a n n u a l r e p o r t stock performance graph the following graph sets forth the performance of our series a common , series b common stock , and series c common stock for the period september 18 , 2008 through december 31 , 2008 as compared with the performance of the standard and poor 2019s 500 index and a peer group index which consists of the walt disney company , time warner inc. , cbs corporation class b common stock , viacom , inc . class b common stock , news corporation class a common stock , and scripps network interactive , inc . the graph assumes $ 100 originally invested on september 18 , 2006 and that all subsequent dividends were reinvested in additional shares . september 18 , september 30 , december 31 , 2008 2008 2008 . <table class='wikitable'><tr><td>1</td><td>-</td><td>september 18 2008</td><td>september 30 2008</td><td>december 31 2008</td></tr><tr><td>2</td><td>disca</td><td>$ 100.00</td><td>$ 103.19</td><td>$ 102.53</td></tr><tr><td>3</td><td>discb</td><td>$ 100.00</td><td>$ 105.54</td><td>$ 78.53</td></tr><tr><td>4</td><td>disck</td><td>$ 100.00</td><td>$ 88.50</td><td>$ 83.69</td></tr><tr><td>5</td><td>s&p 500</td><td>$ 100.00</td><td>$ 96.54</td><td>$ 74.86</td></tr><tr><td>6</td><td>peer group</td><td>$ 100.00</td><td>$ 92.67</td><td>$ 68.79</td></tr></table> s&p 500 peer group .
Question: what is the change in value of an investment in disca from sep 18 to dec 31, 2008?
Answer: 2.53
Question: what return does this represent?
| 0.0253 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
Organize your response with headings for the answer and reasons. |
( 2 ) in 2013 , our principal u.k subsidiary agreed with the trustees of one of the u.k . plans to contribute an average of $ 11 million per year to that pension plan for the next three years . the trustees of the plan have certain rights to request that our u.k . subsidiary advance an amount equal to an actuarially determined winding-up deficit . as of december 31 , 2015 , the estimated winding-up deficit was a3240 million ( $ 360 million at december 31 , 2015 exchange rates ) . the trustees of the plan have accepted in practice the agreed-upon schedule of contributions detailed above and have not requested the winding-up deficit be paid . ( 3 ) purchase obligations are defined as agreements to purchase goods and services that are enforceable and legally binding on us , and that specifies all significant terms , including what is to be purchased , at what price and the approximate timing of the transaction . most of our purchase obligations are related to purchases of information technology services or other service contracts . ( 4 ) excludes $ 12 million of unfunded commitments related to an investment in a limited partnership due to our inability to reasonably estimate the period ( s ) when the limited partnership will request funding . ( 5 ) excludes $ 218 million of liabilities for uncertain tax positions due to our inability to reasonably estimate the period ( s ) when potential cash settlements will be made . financial condition at december 31 , 2015 , our net assets were $ 6.2 billion , representing total assets minus total liabilities , a decrease from $ 6.6 billion at december 31 , 2014 . the decrease was due primarily to share repurchases of $ 1.6 billion , dividends of $ 323 million , and an increase in accumulated other comprehensive loss of $ 289 million related primarily to an increase in the post- retirement benefit obligation , partially offset by net income of $ 1.4 billion for the year ended december 31 , 2015 . working capital increased by $ 77 million from $ 809 million at december 31 , 2014 to $ 886 million at december 31 , 2015 . accumulated other comprehensive loss increased $ 289 million at december 31 , 2015 as compared to december 31 , 2014 , which was primarily driven by the following : 2022 negative net foreign currency translation adjustments of $ 436 million , which are attributable to the strengthening of the u.s . dollar against certain foreign currencies , 2022 a decrease of $ 155 million in net post-retirement benefit obligations , and 2022 net financial instrument losses of $ 8 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 . <table class='wikitable'><tr><td>1</td><td>years ended december 31 ( millions except percentage data )</td><td>2015</td><td>2014</td><td>2013</td></tr><tr><td>2</td><td>revenue</td><td>$ 7426</td><td>$ 7834</td><td>$ 7789</td></tr><tr><td>3</td><td>operating income</td><td>1506</td><td>1648</td><td>1540</td></tr><tr><td>4</td><td>operating margin</td><td>20.3% ( 20.3 % )</td><td>21.0% ( 21.0 % )</td><td>19.8% ( 19.8 % )</td></tr></table> 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 .
Question: what was the sum of working capital in 2014 and 2015?
Answer: 1695.0
Question: what was the average value over those 2 years?
| 847.5 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
Organize your response with headings for the answer and reasons. |
the following table sets forth information concerning increases in the total number of our aap stores during the past five years : beginning stores new stores ( 1 ) stores closed ending stores ( 1 ) does not include stores that opened as relocations of previously existing stores within the same general market area or substantial renovations of stores . our store-based information systems , which are designed to improve the efficiency of our operations and enhance customer service , are comprised of a proprietary pos system and electronic parts catalog , or epc , system . information maintained by our pos system is used to formulate pricing , marketing and merchandising strategies and to replenish inventory accurately and rapidly . our pos system is fully integrated with our epc system and enables our store team members to assist our customers in their parts selection and ordering based on the year , make , model and engine type of their vehicles . our centrally-based epc data management system enables us to reduce the time needed to ( i ) exchange data with our vendors and ( ii ) catalog and deliver updated , accurate parts information . our epc system also contains enhanced search engines and user-friendly navigation tools that enhance our team members' ability to look up any needed parts as well as additional products the customer needs to complete an automotive repair project . if a hard-to-find part or accessory is not available at one of our stores , the epc system can determine whether the part is carried and in-stock through our hub or pdq ae networks or can be ordered directly from one of our vendors . available parts and accessories are then ordered electronically from another store , hub , pdq ae or directly from the vendor with immediate confirmation of price , availability and estimated delivery time . we also support our store operations with additional proprietary systems and customer driven labor scheduling capabilities . our store-level inventory management system provides real-time inventory tracking at the store level . with the store-level system , store team members can check the quantity of on-hand inventory for any sku , adjust stock levels for select items for store specific events , automatically process returns and defective merchandise , designate skus for cycle counts and track merchandise transfers . our stores use radio frequency hand-held devices to help ensure the accuracy of our inventory . our standard operating procedure , or sop , system is a web-based , electronic data management system that provides our team members with instant access to any of our standard operating procedures through a comprehensive on-line search function . all of these systems are tightly integrated and provide real-time , comprehensive information to store personnel , resulting in improved customer service levels , team member productivity and in-stock availability . purchasing for virtually all of the merchandise for our stores is handled by our merchandise teams located in three primary locations : 2022 store support center in roanoke , virginia ; 2022 regional office in minneapolis , minnesota ; and 2022 global sourcing office in taipei , taiwan . our roanoke team is primarily responsible for the parts categories and our minnesota team is primarily responsible for accessories , oil and chemicals . our global sourcing team works closely with both teams . in fiscal 2011 , we purchased merchandise from approximately 500 vendors , with no single vendor accounting for more than 9% ( 9 % ) of purchases . our purchasing strategy involves negotiating agreements with most of our vendors to purchase merchandise over a specified period of time along with other terms , including pricing , payment terms and volume . the merchandising team has developed strong vendor relationships in the industry and , in a collaborative effort with our vendor partners , utilizes a category management process where we manage the mix of our product offerings to meet customer demand . we believe this process , which develops a customer-focused business plan for each merchandise category , and our global sourcing operation are critical to improving comparable store sales , gross margin and inventory productivity. . <table class='wikitable'><tr><td>1</td><td>-</td><td>2011</td><td>2010</td><td>2009</td><td>2008</td><td>2007</td></tr><tr><td>2</td><td>beginning stores</td><td>3369</td><td>3264</td><td>3243</td><td>3153</td><td>2995</td></tr><tr><td>3</td><td>new stores ( 1 )</td><td>95</td><td>110</td><td>75</td><td>109</td><td>175</td></tr><tr><td>4</td><td>stores closed</td><td>-4 ( 4 )</td><td>-5 ( 5 )</td><td>-54 ( 54 )</td><td>-19 ( 19 )</td><td>-17 ( 17 )</td></tr><tr><td>5</td><td>ending stores</td><td>3460</td><td>3369</td><td>3264</td><td>3243</td><td>3153</td></tr></table> the following table sets forth information concerning increases in the total number of our aap stores during the past five years : beginning stores new stores ( 1 ) stores closed ending stores ( 1 ) does not include stores that opened as relocations of previously existing stores within the same general market area or substantial renovations of stores . our store-based information systems , which are designed to improve the efficiency of our operations and enhance customer service , are comprised of a proprietary pos system and electronic parts catalog , or epc , system . information maintained by our pos system is used to formulate pricing , marketing and merchandising strategies and to replenish inventory accurately and rapidly . our pos system is fully integrated with our epc system and enables our store team members to assist our customers in their parts selection and ordering based on the year , make , model and engine type of their vehicles . our centrally-based epc data management system enables us to reduce the time needed to ( i ) exchange data with our vendors and ( ii ) catalog and deliver updated , accurate parts information . our epc system also contains enhanced search engines and user-friendly navigation tools that enhance our team members' ability to look up any needed parts as well as additional products the customer needs to complete an automotive repair project . if a hard-to-find part or accessory is not available at one of our stores , the epc system can determine whether the part is carried and in-stock through our hub or pdq ae networks or can be ordered directly from one of our vendors . available parts and accessories are then ordered electronically from another store , hub , pdq ae or directly from the vendor with immediate confirmation of price , availability and estimated delivery time . we also support our store operations with additional proprietary systems and customer driven labor scheduling capabilities . our store-level inventory management system provides real-time inventory tracking at the store level . with the store-level system , store team members can check the quantity of on-hand inventory for any sku , adjust stock levels for select items for store specific events , automatically process returns and defective merchandise , designate skus for cycle counts and track merchandise transfers . our stores use radio frequency hand-held devices to help ensure the accuracy of our inventory . our standard operating procedure , or sop , system is a web-based , electronic data management system that provides our team members with instant access to any of our standard operating procedures through a comprehensive on-line search function . all of these systems are tightly integrated and provide real-time , comprehensive information to store personnel , resulting in improved customer service levels , team member productivity and in-stock availability . purchasing for virtually all of the merchandise for our stores is handled by our merchandise teams located in three primary locations : 2022 store support center in roanoke , virginia ; 2022 regional office in minneapolis , minnesota ; and 2022 global sourcing office in taipei , taiwan . our roanoke team is primarily responsible for the parts categories and our minnesota team is primarily responsible for accessories , oil and chemicals . our global sourcing team works closely with both teams . in fiscal 2011 , we purchased merchandise from approximately 500 vendors , with no single vendor accounting for more than 9% ( 9 % ) of purchases . our purchasing strategy involves negotiating agreements with most of our vendors to purchase merchandise over a specified period of time along with other terms , including pricing , payment terms and volume . the merchandising team has developed strong vendor relationships in the industry and , in a collaborative effort with our vendor partners , utilizes a category management process where we manage the mix of our product offerings to meet customer demand . we believe this process , which develops a customer-focused business plan for each merchandise category , and our global sourcing operation are critical to improving comparable store sales , gross margin and inventory productivity. .
Question: what was the change in number of stores from 2007 to 2011?
Answer: 307.0
Question: what was the number of stores in 2007?
| 3153.0 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
Organize your response with headings for the answer and reasons. |
long-term liabilities . the value of the company 2019s deferred compensation obligations is based on the market value of the participants 2019 notional investment accounts . the notional investments are comprised primarily of mutual funds , which are based on observable market prices . mark-to-market derivative asset and liability 2014the company utilizes fixed-to-floating interest-rate swaps , typically designated as fair-value hedges , to achieve a targeted level of variable-rate debt as a percentage of total debt . the company also employs derivative financial instruments in the form of variable-to-fixed interest rate swaps , classified as economic hedges , in order to fix the interest cost on some of its variable-rate debt . the company uses a calculation of future cash inflows and estimated future outflows , which are discounted , to determine the current fair value . additional inputs to the present value calculation include the contract terms , counterparty credit risk , interest rates and market volatility . other investments 2014other investments primarily represent money market funds used for active employee benefits . the company includes other investments in other current assets . note 18 : leases the company has entered into operating leases involving certain facilities and equipment . rental expenses under operating leases were $ 21 for 2015 , $ 22 for 2014 and $ 23 for 2013 . the operating leases for facilities will expire over the next 25 years and the operating leases for equipment will expire over the next five years . certain operating leases have renewal options ranging from one to five years . the minimum annual future rental commitment under operating leases that have initial or remaining non- cancelable lease terms over the next five years and thereafter are as follows: . <table class='wikitable'><tr><td>1</td><td>year</td><td>amount</td></tr><tr><td>2</td><td>2016</td><td>$ 13</td></tr><tr><td>3</td><td>2017</td><td>12</td></tr><tr><td>4</td><td>2018</td><td>11</td></tr><tr><td>5</td><td>2019</td><td>10</td></tr><tr><td>6</td><td>2020</td><td>8</td></tr><tr><td>7</td><td>thereafter</td><td>74</td></tr></table> the company has a series of agreements with various public entities ( the 201cpartners 201d ) to establish certain joint ventures , commonly referred to as 201cpublic-private partnerships . 201d under the public-private partnerships , the company constructed utility plant , financed by the company and the partners constructed utility plant ( connected to the company 2019s property ) , financed by the partners . the company agreed to transfer and convey some of its real and personal property to the partners in exchange for an equal principal amount of industrial development bonds ( 201cidbs 201d ) , issued by the partners under a state industrial development bond and commercial development act . the company leased back the total facilities , including portions funded by both the company and the partners , under leases for a period of 40 years . the leases related to the portion of the facilities funded by the company have required payments from the company to the partners that approximate the payments required by the terms of the idbs from the partners to the company ( as the holder of the idbs ) . as the ownership of the portion of the facilities constructed by the company will revert back to the company at the end of the lease , the company has recorded these as capital leases . the lease obligation and the receivable for the principal amount of the idbs are presented by the company on a net basis . the gross cost of the facilities funded by the company recognized as a capital lease asset was $ 156 and $ 157 as of december 31 , 2015 and 2014 , respectively , which is presented in property , plant and equipment in the accompanying consolidated balance sheets . the future payments under the lease obligations are equal to and offset by the payments receivable under the idbs. .
Question: from 2014 to 2015, what was the decline in the amortization expense for the operating leases for facility and equipment?
Answer: 1.0
Question: and from 2015 to 2016, what was that decline?
| 8.0 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
Organize your response with headings for the answer and reasons. |
we include here by reference additional information relating to pnc common stock under the common stock prices/ dividends declared section in the statistical information ( unaudited ) section of item 8 of this report . we include here by reference the information regarding our compensation plans under which pnc equity securities are authorized for issuance as of december 31 , 2015 in the table ( with introductory paragraph and notes ) that appears under the caption 201capproval of 2016 incentive award plan 2013 item 3 201d in our proxy statement to be filed for the 2016 annual meeting of shareholders and is incorporated by reference herein and in item 12 of this report . our stock transfer agent and registrar is : computershare trust company , n.a . 250 royall street canton , ma 02021 800-982-7652 registered shareholders may contact the above phone number regarding dividends and other shareholder services . we include here by reference the information that appears under the common stock performance graph caption at the end of this item 5 . ( a ) ( 2 ) none . ( b ) not applicable . ( c ) details of our repurchases of pnc common stock during the fourth quarter of 2015 are included in the following table : in thousands , except per share data 2015 period total shares purchased ( a ) average paid per total shares purchased as part of publicly announced programs ( b ) maximum number of shares that may yet be purchased under the programs ( b ) . <table class='wikitable'><tr><td>1</td><td>2015 period</td><td>total sharespurchased ( a )</td><td>averagepricepaid pershare</td><td>total sharespurchased aspartofpubliclyannouncedprograms ( b )</td><td>maximumnumberofshares thatmay yet bepurchasedunder theprograms ( b )</td></tr><tr><td>2</td><td>october 1 2013 31</td><td>2528</td><td>$ 89.24</td><td>2506</td><td>85413</td></tr><tr><td>3</td><td>november 1 2013 30</td><td>1923</td><td>$ 94.06</td><td>1923</td><td>83490</td></tr><tr><td>4</td><td>december 1 2013 31</td><td>1379</td><td>$ 95.20</td><td>1379</td><td>82111</td></tr><tr><td>5</td><td>total</td><td>5830</td><td>$ 92.24</td><td>-</td><td>-</td></tr></table> ( a ) includes pnc common stock purchased in connection with our various employee benefit plans generally related to forfeitures of unvested restricted stock awards and shares used to cover employee payroll tax withholding requirements . note 12 employee benefit plans and note 13 stock based compensation plans in the notes to consolidated financial statements in item 8 of this report include additional information regarding our employee benefit and equity compensation plans that use pnc common stock . ( b ) on march 11 , 2015 , we announced that our board of directors had approved the establishment of a new stock repurchase program authorization in the amount of 100 million shares of pnc common stock , effective april 1 , 2015 . repurchases are made in open market or privately negotiated transactions and the timing and exact amount of common stock repurchases will depend on a number of factors including , among others , market and general economic conditions , economic capital and regulatory capital considerations , alternative uses of capital , the potential impact on our credit ratings , and contractual and regulatory limitations , including the results of the supervisory assessment of capital adequacy and capital planning processes undertaken by the federal reserve as part of the ccar process . our 2015 capital plan , submitted as part of the ccar process and accepted by the federal reserve , included share repurchase programs of up to $ 2.875 billion for the five quarter period beginning with the second quarter of 2015 . this amount does not include share repurchases in connection with various employee benefit plans referenced in note ( a ) . in the fourth quarter of 2015 , in accordance with pnc 2019s 2015 capital plan and under the share repurchase authorization in effect during that period , we repurchased 5.8 million shares of common stock on the open market , with an average price of $ 92.26 per share and an aggregate repurchase price of $ .5 billion . 30 the pnc financial services group , inc . 2013 form 10-k .
Question: what was the total of shares purchased as part of publicly announced programs in the months of october and november?
| 4429.0 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
Organize your response with headings for the answer and reasons. |
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: . <table class='wikitable'><tr><td>1</td><td>-</td><td>2012</td><td>2011</td></tr><tr><td>2</td><td>statutory rate applied to income from continuing operations before income taxes</td><td>35% ( 35 % )</td><td>35% ( 35 % )</td></tr><tr><td>3</td><td>effects of foreign operations including foreign tax credits</td><td>18</td><td>6</td></tr><tr><td>4</td><td>change in permanent reinvestment assertion</td><td>2014</td><td>5</td></tr><tr><td>5</td><td>adjustments to valuation allowances</td><td>21</td><td>14</td></tr><tr><td>6</td><td>tax law changes</td><td>2014</td><td>1</td></tr><tr><td>7</td><td>effective income tax rate on continuing operations</td><td>74% ( 74 % )</td><td>61% ( 61 % )</td></tr></table> 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: what was the net change in the valuation allowances between 2011 and 2012?
Answer: 7.0
Question: what was the value of allowances in 2011?
| 14.0 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
Organize your response with headings for the answer and reasons. |
notes to consolidated financial statements ( continued ) | 72 snap-on incorporated following is a reconciliation of the beginning and ending amount of unrecognized tax benefits : ( amounts in millions ) amount . <table class='wikitable'><tr><td>1</td><td>( amounts in millions )</td><td>amount</td></tr><tr><td>2</td><td>unrecognized tax benefits as of december 31 2006</td><td>$ 21.3</td></tr><tr><td>3</td><td>gross increases 2013 tax positions in prior periods</td><td>0.5</td></tr><tr><td>4</td><td>gross decreases 2013 tax positions in prior periods</td><td>-0.4 ( 0.4 )</td></tr><tr><td>5</td><td>gross increases 2013 tax positions in the current period</td><td>0.5</td></tr><tr><td>6</td><td>settlements with taxing authorities</td><td>-3.0 ( 3.0 )</td></tr><tr><td>7</td><td>lapsing of statutes of limitations</td><td>-0.2 ( 0.2 )</td></tr><tr><td>8</td><td>unrecognized tax benefits as of december 29 2007</td><td>$ 18.7</td></tr></table> of the $ 18.7 million of unrecognized tax benefits at the end of 2007 , approximately $ 16.2 million would impact the effective income tax rate if recognized . interest and penalties related to unrecognized tax benefits are recorded in income tax expense . during the years ended december 29 , 2007 , december 30 , 2006 , and december 31 , 2005 , the company recognized approximately $ 1.2 million , $ 0.5 million and ( $ 0.5 ) million in net interest expense ( benefit ) , respectively . the company has provided for approximately $ 3.4 million , $ 2.2 million , and $ 1.7 million of accrued interest related to unrecognized tax benefits at the end of fiscal year 2007 , 2006 and 2005 , respectively . during the next 12 months , the company does not anticipate any significant changes to the total amount of unrecognized tax benefits , other than the accrual of additional interest expense in an amount similar to the prior year 2019s expense . with few exceptions , snap-on is no longer subject to u.s . federal and state/local income tax examinations by tax authorities for years prior to 2003 , and snap-on is no longer subject to non-u.s . income tax examinations by tax authorities for years prior to 2001 . the undistributed earnings of all non-u.s . subsidiaries totaled $ 338.5 million , $ 247.4 million and $ 173.6 million at the end of fiscal 2007 , 2006 and 2005 , respectively . snap-on has not provided any deferred taxes on these undistributed earnings as it considers the undistributed earnings to be permanently invested . determination of the amount of unrecognized deferred income tax liability related to these earnings is not practicable . the american jobs creation act of 2004 ( the 201cajca 201d ) created a one-time tax incentive for u.s . corporations to repatriate accumulated foreign earnings by providing a tax deduction of 85% ( 85 % ) of qualifying dividends received from foreign affiliates . under the provisions of the ajca , snap-on repatriated approximately $ 93 million of qualifying dividends in 2005 that resulted in additional income tax expense of $ 3.3 million for the year . note 9 : short-term and long-term debt notes payable and long-term debt as of december 29 , 2007 , was $ 517.9 million ; no commercial paper was outstanding at december 29 , 2007 . as of december 30 , 2006 , notes payable and long-term debt was $ 549.2 million , including $ 314.9 million of commercial paper . snap-on presented $ 300 million of the december 30 , 2006 , outstanding commercial paper as 201clong-term debt 201d on the accompanying december 30 , 2006 , consolidated balance sheet . on january 12 , 2007 , snap-on sold $ 300 million of unsecured notes consisting of $ 150 million of floating rate notes that mature on january 12 , 2010 , and $ 150 million of fixed rate notes that mature on january 15 , 2017 . interest on the floating rate notes accrues at a rate equal to the three-month london interbank offer rate plus 0.13% ( 0.13 % ) per year and is payable quarterly . interest on the fixed rate notes accrues at a rate of 5.50% ( 5.50 % ) per year and is payable semi-annually . snap-on used the proceeds from the sale of the notes , net of $ 1.5 million of transaction costs , to repay commercial paper obligations issued to finance the acquisition of business solutions . on january 12 , 2007 , the company also terminated a $ 250 million bridge credit agreement that snap-on established prior to its acquisition of business solutions. .
Question: what was the undistributed earnings of all non-u.s. subsidiaries totaled in 2007?
Answer: 338.5
Question: and for 2006?
Answer: 247.4
Question: and the combined value for these two years?
Answer: 585.9
Question: and for 2005?
Answer: 173.6
Question: combined, what was the total value for all three years?
| 759.5 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
Organize your response with headings for the answer and reasons. |