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as of december 31 , 2017 , the aggregate future minimum payments under non-cancelable operating leases consist of the following ( in thousands ) : years ending december 31 . <table class='wikitable'><tr><td>1</td><td>2018</td><td>$ 9127</td></tr><tr><td>2</td><td>2019</td><td>8336</td></tr><tr><td>3</td><td>2020</td><td>8350</td></tr><tr><td>4</td><td>2021</td><td>7741</td></tr><tr><td>5</td><td>2022</td><td>7577</td></tr><tr><td>6</td><td>thereafter</td><td>9873</td></tr><tr><td>7</td><td>total minimum future lease payments</td><td>$ 51004</td></tr></table> rent expense for all operating leases amounted to $ 9.4 million , $ 8.1 million and $ 5.4 million for the years ended december 31 , 2017 , 2016 and 2015 , respectively . financing obligation 2014build-to-suit lease in august 2012 , we executed a lease for a building then under construction in santa clara , california to serve as our headquarters . the lease term is 120 months and commenced in august 2013 . based on the terms of the lease agreement and due to our involvement in certain aspects of the construction , we were deemed the owner of the building ( for accounting purposes only ) during the construction period . upon completion of construction in 2013 , we concluded that we had forms of continued economic involvement in the facility , and therefore did not meet with the provisions for sale-leaseback accounting . we continue to maintain involvement in the property post construction and lack transferability of the risks and rewards of ownership , due to our required maintenance of a $ 4.0 million letter of credit , in addition to our ability and option to sublease our portion of the leased building for fees substantially higher than our base rate . therefore , the lease is accounted for as a financing obligation and lease payments will be attributed to ( 1 ) a reduction of the principal financing obligation ; ( 2 ) imputed interest expense ; and ( 3 ) land lease expense , representing an imputed cost to lease the underlying land of the building . at the conclusion of the initial lease term , we will de-recognize both the net book values of the asset and the remaining financing obligation . as of december 31 , 2017 and 2016 , we have recorded assets of $ 53.4 million , representing the total costs of the building and improvements incurred , including the costs paid by the lessor ( the legal owner of the building ) and additional improvement costs paid by us , and a corresponding financing obligation of $ 39.6 million and $ 41.2 million , respectively . as of december 31 , 2017 , $ 1.9 million and $ 37.7 million were recorded as short-term and long-term financing obligations , respectively . land lease expense under our lease financing obligation amounted to $ 1.3 million for each of the years ended december 31 , 2017 , 2016 and 2015 respectively. .
Question: what was the total of future minimum payments under non-cancelable operating leases in 2018?
| 9127.0 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
|
as of december 31 , 2017 , the aggregate future minimum payments under non-cancelable operating leases consist of the following ( in thousands ) : years ending december 31 . <table class='wikitable'><tr><td>1</td><td>2018</td><td>$ 9127</td></tr><tr><td>2</td><td>2019</td><td>8336</td></tr><tr><td>3</td><td>2020</td><td>8350</td></tr><tr><td>4</td><td>2021</td><td>7741</td></tr><tr><td>5</td><td>2022</td><td>7577</td></tr><tr><td>6</td><td>thereafter</td><td>9873</td></tr><tr><td>7</td><td>total minimum future lease payments</td><td>$ 51004</td></tr></table> rent expense for all operating leases amounted to $ 9.4 million , $ 8.1 million and $ 5.4 million for the years ended december 31 , 2017 , 2016 and 2015 , respectively . financing obligation 2014build-to-suit lease in august 2012 , we executed a lease for a building then under construction in santa clara , california to serve as our headquarters . the lease term is 120 months and commenced in august 2013 . based on the terms of the lease agreement and due to our involvement in certain aspects of the construction , we were deemed the owner of the building ( for accounting purposes only ) during the construction period . upon completion of construction in 2013 , we concluded that we had forms of continued economic involvement in the facility , and therefore did not meet with the provisions for sale-leaseback accounting . we continue to maintain involvement in the property post construction and lack transferability of the risks and rewards of ownership , due to our required maintenance of a $ 4.0 million letter of credit , in addition to our ability and option to sublease our portion of the leased building for fees substantially higher than our base rate . therefore , the lease is accounted for as a financing obligation and lease payments will be attributed to ( 1 ) a reduction of the principal financing obligation ; ( 2 ) imputed interest expense ; and ( 3 ) land lease expense , representing an imputed cost to lease the underlying land of the building . at the conclusion of the initial lease term , we will de-recognize both the net book values of the asset and the remaining financing obligation . as of december 31 , 2017 and 2016 , we have recorded assets of $ 53.4 million , representing the total costs of the building and improvements incurred , including the costs paid by the lessor ( the legal owner of the building ) and additional improvement costs paid by us , and a corresponding financing obligation of $ 39.6 million and $ 41.2 million , respectively . as of december 31 , 2017 , $ 1.9 million and $ 37.7 million were recorded as short-term and long-term financing obligations , respectively . land lease expense under our lease financing obligation amounted to $ 1.3 million for each of the years ended december 31 , 2017 , 2016 and 2015 respectively. .
Question: what was the total of future minimum payments under non-cancelable operating leases in 2018?
Answer: 9127.0
Question: and what was it in 2019?
| 8336.0 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
|
as of december 31 , 2017 , the aggregate future minimum payments under non-cancelable operating leases consist of the following ( in thousands ) : years ending december 31 . <table class='wikitable'><tr><td>1</td><td>2018</td><td>$ 9127</td></tr><tr><td>2</td><td>2019</td><td>8336</td></tr><tr><td>3</td><td>2020</td><td>8350</td></tr><tr><td>4</td><td>2021</td><td>7741</td></tr><tr><td>5</td><td>2022</td><td>7577</td></tr><tr><td>6</td><td>thereafter</td><td>9873</td></tr><tr><td>7</td><td>total minimum future lease payments</td><td>$ 51004</td></tr></table> rent expense for all operating leases amounted to $ 9.4 million , $ 8.1 million and $ 5.4 million for the years ended december 31 , 2017 , 2016 and 2015 , respectively . financing obligation 2014build-to-suit lease in august 2012 , we executed a lease for a building then under construction in santa clara , california to serve as our headquarters . the lease term is 120 months and commenced in august 2013 . based on the terms of the lease agreement and due to our involvement in certain aspects of the construction , we were deemed the owner of the building ( for accounting purposes only ) during the construction period . upon completion of construction in 2013 , we concluded that we had forms of continued economic involvement in the facility , and therefore did not meet with the provisions for sale-leaseback accounting . we continue to maintain involvement in the property post construction and lack transferability of the risks and rewards of ownership , due to our required maintenance of a $ 4.0 million letter of credit , in addition to our ability and option to sublease our portion of the leased building for fees substantially higher than our base rate . therefore , the lease is accounted for as a financing obligation and lease payments will be attributed to ( 1 ) a reduction of the principal financing obligation ; ( 2 ) imputed interest expense ; and ( 3 ) land lease expense , representing an imputed cost to lease the underlying land of the building . at the conclusion of the initial lease term , we will de-recognize both the net book values of the asset and the remaining financing obligation . as of december 31 , 2017 and 2016 , we have recorded assets of $ 53.4 million , representing the total costs of the building and improvements incurred , including the costs paid by the lessor ( the legal owner of the building ) and additional improvement costs paid by us , and a corresponding financing obligation of $ 39.6 million and $ 41.2 million , respectively . as of december 31 , 2017 , $ 1.9 million and $ 37.7 million were recorded as short-term and long-term financing obligations , respectively . land lease expense under our lease financing obligation amounted to $ 1.3 million for each of the years ended december 31 , 2017 , 2016 and 2015 respectively. .
Question: what was the total of future minimum payments under non-cancelable operating leases in 2018?
Answer: 9127.0
Question: and what was it in 2019?
Answer: 8336.0
Question: how much, then, did the 2018 total represent in relation to the 2019 one?
| 1.09489 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
|
as of december 31 , 2017 , the aggregate future minimum payments under non-cancelable operating leases consist of the following ( in thousands ) : years ending december 31 . <table class='wikitable'><tr><td>1</td><td>2018</td><td>$ 9127</td></tr><tr><td>2</td><td>2019</td><td>8336</td></tr><tr><td>3</td><td>2020</td><td>8350</td></tr><tr><td>4</td><td>2021</td><td>7741</td></tr><tr><td>5</td><td>2022</td><td>7577</td></tr><tr><td>6</td><td>thereafter</td><td>9873</td></tr><tr><td>7</td><td>total minimum future lease payments</td><td>$ 51004</td></tr></table> rent expense for all operating leases amounted to $ 9.4 million , $ 8.1 million and $ 5.4 million for the years ended december 31 , 2017 , 2016 and 2015 , respectively . financing obligation 2014build-to-suit lease in august 2012 , we executed a lease for a building then under construction in santa clara , california to serve as our headquarters . the lease term is 120 months and commenced in august 2013 . based on the terms of the lease agreement and due to our involvement in certain aspects of the construction , we were deemed the owner of the building ( for accounting purposes only ) during the construction period . upon completion of construction in 2013 , we concluded that we had forms of continued economic involvement in the facility , and therefore did not meet with the provisions for sale-leaseback accounting . we continue to maintain involvement in the property post construction and lack transferability of the risks and rewards of ownership , due to our required maintenance of a $ 4.0 million letter of credit , in addition to our ability and option to sublease our portion of the leased building for fees substantially higher than our base rate . therefore , the lease is accounted for as a financing obligation and lease payments will be attributed to ( 1 ) a reduction of the principal financing obligation ; ( 2 ) imputed interest expense ; and ( 3 ) land lease expense , representing an imputed cost to lease the underlying land of the building . at the conclusion of the initial lease term , we will de-recognize both the net book values of the asset and the remaining financing obligation . as of december 31 , 2017 and 2016 , we have recorded assets of $ 53.4 million , representing the total costs of the building and improvements incurred , including the costs paid by the lessor ( the legal owner of the building ) and additional improvement costs paid by us , and a corresponding financing obligation of $ 39.6 million and $ 41.2 million , respectively . as of december 31 , 2017 , $ 1.9 million and $ 37.7 million were recorded as short-term and long-term financing obligations , respectively . land lease expense under our lease financing obligation amounted to $ 1.3 million for each of the years ended december 31 , 2017 , 2016 and 2015 respectively. .
Question: what was the total of future minimum payments under non-cancelable operating leases in 2018?
Answer: 9127.0
Question: and what was it in 2019?
Answer: 8336.0
Question: how much, then, did the 2018 total represent in relation to the 2019 one?
Answer: 1.09489
Question: and in the two years precedent to this period, what was the total rent expense, in millions?
| 17.5 | 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.
|
as of december 31 , 2017 , the aggregate future minimum payments under non-cancelable operating leases consist of the following ( in thousands ) : years ending december 31 . <table class='wikitable'><tr><td>1</td><td>2018</td><td>$ 9127</td></tr><tr><td>2</td><td>2019</td><td>8336</td></tr><tr><td>3</td><td>2020</td><td>8350</td></tr><tr><td>4</td><td>2021</td><td>7741</td></tr><tr><td>5</td><td>2022</td><td>7577</td></tr><tr><td>6</td><td>thereafter</td><td>9873</td></tr><tr><td>7</td><td>total minimum future lease payments</td><td>$ 51004</td></tr></table> rent expense for all operating leases amounted to $ 9.4 million , $ 8.1 million and $ 5.4 million for the years ended december 31 , 2017 , 2016 and 2015 , respectively . financing obligation 2014build-to-suit lease in august 2012 , we executed a lease for a building then under construction in santa clara , california to serve as our headquarters . the lease term is 120 months and commenced in august 2013 . based on the terms of the lease agreement and due to our involvement in certain aspects of the construction , we were deemed the owner of the building ( for accounting purposes only ) during the construction period . upon completion of construction in 2013 , we concluded that we had forms of continued economic involvement in the facility , and therefore did not meet with the provisions for sale-leaseback accounting . we continue to maintain involvement in the property post construction and lack transferability of the risks and rewards of ownership , due to our required maintenance of a $ 4.0 million letter of credit , in addition to our ability and option to sublease our portion of the leased building for fees substantially higher than our base rate . therefore , the lease is accounted for as a financing obligation and lease payments will be attributed to ( 1 ) a reduction of the principal financing obligation ; ( 2 ) imputed interest expense ; and ( 3 ) land lease expense , representing an imputed cost to lease the underlying land of the building . at the conclusion of the initial lease term , we will de-recognize both the net book values of the asset and the remaining financing obligation . as of december 31 , 2017 and 2016 , we have recorded assets of $ 53.4 million , representing the total costs of the building and improvements incurred , including the costs paid by the lessor ( the legal owner of the building ) and additional improvement costs paid by us , and a corresponding financing obligation of $ 39.6 million and $ 41.2 million , respectively . as of december 31 , 2017 , $ 1.9 million and $ 37.7 million were recorded as short-term and long-term financing obligations , respectively . land lease expense under our lease financing obligation amounted to $ 1.3 million for each of the years ended december 31 , 2017 , 2016 and 2015 respectively. .
Question: what was the total of future minimum payments under non-cancelable operating leases in 2018?
Answer: 9127.0
Question: and what was it in 2019?
Answer: 8336.0
Question: how much, then, did the 2018 total represent in relation to the 2019 one?
Answer: 1.09489
Question: and in the two years precedent to this period, what was the total rent expense, in millions?
Answer: 17.5
Question: including 2015, what then becomes this total?
| 22.9 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
|
the analysis of our depreciation studies . changes in the estimated service lives of our assets and their related depreciation rates are implemented prospectively . under group depreciation , the historical cost ( net of salvage ) of depreciable property that is retired or replaced in the ordinary course of business is charged to accumulated depreciation and no gain or loss is recognized . the historical cost of certain track assets is estimated using ( i ) inflation indices published by the bureau of labor statistics and ( ii ) the estimated useful lives of the assets as determined by our depreciation studies . the indices were selected because they closely correlate with the major costs of the properties comprising the applicable track asset classes . because of the number of estimates inherent in the depreciation and retirement processes and because it is impossible to precisely estimate each of these variables until a group of property is completely retired , we continually monitor the estimated service lives of our assets and the accumulated depreciation associated with each asset class to ensure our depreciation rates are appropriate . in addition , we determine if the recorded amount of accumulated depreciation is deficient ( or in excess ) of the amount indicated by our depreciation studies . any deficiency ( or excess ) is amortized as a component of depreciation expense over the remaining service lives of the applicable classes of assets . for retirements of depreciable railroad properties that do not occur in the normal course of business , a gain or loss may be recognized if the retirement meets each of the following three conditions : ( i ) is unusual , ( ii ) is material in amount , and ( iii ) varies significantly from the retirement profile identified through our depreciation studies . a gain or loss is recognized in other income when we sell land or dispose of assets that are not part of our railroad operations . when we purchase an asset , we capitalize all costs necessary to make the asset ready for its intended use . however , many of our assets are self-constructed . a large portion of our capital expenditures is for replacement of existing track assets and other road properties , which is typically performed by our employees , and for track line expansion and other capacity projects . costs that are directly attributable to capital projects ( including overhead costs ) are capitalized . direct costs that are capitalized as part of self- constructed assets include material , labor , and work equipment . indirect costs are capitalized if they clearly relate to the construction of the asset . general and administrative expenditures are expensed as incurred . normal repairs and maintenance , including rail grinding , are also expensed as incurred , while costs incurred that extend the useful life of an asset , improve the safety of our operations or improve operating efficiency are capitalized . these costs are allocated using appropriate statistical bases . total expense for repairs and maintenance incurred was $ 2.1 billion for 2012 , $ 2.2 billion for 2011 , and $ 2.0 billion for 2010 . assets held under capital leases are recorded at the lower of the net present value of the minimum lease payments or the fair value of the leased asset at the inception of the lease . amortization expense is computed using the straight-line method over the shorter of the estimated useful lives of the assets or the period of the related lease . 12 . accounts payable and other current liabilities dec . 31 , dec . 31 , millions 2012 2011 . <table class='wikitable'><tr><td>1</td><td>millions</td><td>dec . 31 2012</td><td>dec . 312011</td></tr><tr><td>2</td><td>accounts payable</td><td>$ 825</td><td>$ 819</td></tr><tr><td>3</td><td>accrued wages and vacation</td><td>376</td><td>363</td></tr><tr><td>4</td><td>income and other taxes</td><td>368</td><td>482</td></tr><tr><td>5</td><td>dividends payable</td><td>318</td><td>284</td></tr><tr><td>6</td><td>accrued casualty costs</td><td>213</td><td>249</td></tr><tr><td>7</td><td>interest payable</td><td>172</td><td>197</td></tr><tr><td>8</td><td>equipment rents payable</td><td>95</td><td>90</td></tr><tr><td>9</td><td>other</td><td>556</td><td>624</td></tr><tr><td>10</td><td>total accounts payable and othercurrent liabilities</td><td>$ 2923</td><td>$ 3108</td></tr></table> .
Question: what was the value of accrued wages and vacation in 2012?
| 376.0 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
|
the analysis of our depreciation studies . changes in the estimated service lives of our assets and their related depreciation rates are implemented prospectively . under group depreciation , the historical cost ( net of salvage ) of depreciable property that is retired or replaced in the ordinary course of business is charged to accumulated depreciation and no gain or loss is recognized . the historical cost of certain track assets is estimated using ( i ) inflation indices published by the bureau of labor statistics and ( ii ) the estimated useful lives of the assets as determined by our depreciation studies . the indices were selected because they closely correlate with the major costs of the properties comprising the applicable track asset classes . because of the number of estimates inherent in the depreciation and retirement processes and because it is impossible to precisely estimate each of these variables until a group of property is completely retired , we continually monitor the estimated service lives of our assets and the accumulated depreciation associated with each asset class to ensure our depreciation rates are appropriate . in addition , we determine if the recorded amount of accumulated depreciation is deficient ( or in excess ) of the amount indicated by our depreciation studies . any deficiency ( or excess ) is amortized as a component of depreciation expense over the remaining service lives of the applicable classes of assets . for retirements of depreciable railroad properties that do not occur in the normal course of business , a gain or loss may be recognized if the retirement meets each of the following three conditions : ( i ) is unusual , ( ii ) is material in amount , and ( iii ) varies significantly from the retirement profile identified through our depreciation studies . a gain or loss is recognized in other income when we sell land or dispose of assets that are not part of our railroad operations . when we purchase an asset , we capitalize all costs necessary to make the asset ready for its intended use . however , many of our assets are self-constructed . a large portion of our capital expenditures is for replacement of existing track assets and other road properties , which is typically performed by our employees , and for track line expansion and other capacity projects . costs that are directly attributable to capital projects ( including overhead costs ) are capitalized . direct costs that are capitalized as part of self- constructed assets include material , labor , and work equipment . indirect costs are capitalized if they clearly relate to the construction of the asset . general and administrative expenditures are expensed as incurred . normal repairs and maintenance , including rail grinding , are also expensed as incurred , while costs incurred that extend the useful life of an asset , improve the safety of our operations or improve operating efficiency are capitalized . these costs are allocated using appropriate statistical bases . total expense for repairs and maintenance incurred was $ 2.1 billion for 2012 , $ 2.2 billion for 2011 , and $ 2.0 billion for 2010 . assets held under capital leases are recorded at the lower of the net present value of the minimum lease payments or the fair value of the leased asset at the inception of the lease . amortization expense is computed using the straight-line method over the shorter of the estimated useful lives of the assets or the period of the related lease . 12 . accounts payable and other current liabilities dec . 31 , dec . 31 , millions 2012 2011 . <table class='wikitable'><tr><td>1</td><td>millions</td><td>dec . 31 2012</td><td>dec . 312011</td></tr><tr><td>2</td><td>accounts payable</td><td>$ 825</td><td>$ 819</td></tr><tr><td>3</td><td>accrued wages and vacation</td><td>376</td><td>363</td></tr><tr><td>4</td><td>income and other taxes</td><td>368</td><td>482</td></tr><tr><td>5</td><td>dividends payable</td><td>318</td><td>284</td></tr><tr><td>6</td><td>accrued casualty costs</td><td>213</td><td>249</td></tr><tr><td>7</td><td>interest payable</td><td>172</td><td>197</td></tr><tr><td>8</td><td>equipment rents payable</td><td>95</td><td>90</td></tr><tr><td>9</td><td>other</td><td>556</td><td>624</td></tr><tr><td>10</td><td>total accounts payable and othercurrent liabilities</td><td>$ 2923</td><td>$ 3108</td></tr></table> .
Question: what was the value of accrued wages and vacation in 2012?
Answer: 376.0
Question: what was the value in 2011?
| 363.0 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
|
the analysis of our depreciation studies . changes in the estimated service lives of our assets and their related depreciation rates are implemented prospectively . under group depreciation , the historical cost ( net of salvage ) of depreciable property that is retired or replaced in the ordinary course of business is charged to accumulated depreciation and no gain or loss is recognized . the historical cost of certain track assets is estimated using ( i ) inflation indices published by the bureau of labor statistics and ( ii ) the estimated useful lives of the assets as determined by our depreciation studies . the indices were selected because they closely correlate with the major costs of the properties comprising the applicable track asset classes . because of the number of estimates inherent in the depreciation and retirement processes and because it is impossible to precisely estimate each of these variables until a group of property is completely retired , we continually monitor the estimated service lives of our assets and the accumulated depreciation associated with each asset class to ensure our depreciation rates are appropriate . in addition , we determine if the recorded amount of accumulated depreciation is deficient ( or in excess ) of the amount indicated by our depreciation studies . any deficiency ( or excess ) is amortized as a component of depreciation expense over the remaining service lives of the applicable classes of assets . for retirements of depreciable railroad properties that do not occur in the normal course of business , a gain or loss may be recognized if the retirement meets each of the following three conditions : ( i ) is unusual , ( ii ) is material in amount , and ( iii ) varies significantly from the retirement profile identified through our depreciation studies . a gain or loss is recognized in other income when we sell land or dispose of assets that are not part of our railroad operations . when we purchase an asset , we capitalize all costs necessary to make the asset ready for its intended use . however , many of our assets are self-constructed . a large portion of our capital expenditures is for replacement of existing track assets and other road properties , which is typically performed by our employees , and for track line expansion and other capacity projects . costs that are directly attributable to capital projects ( including overhead costs ) are capitalized . direct costs that are capitalized as part of self- constructed assets include material , labor , and work equipment . indirect costs are capitalized if they clearly relate to the construction of the asset . general and administrative expenditures are expensed as incurred . normal repairs and maintenance , including rail grinding , are also expensed as incurred , while costs incurred that extend the useful life of an asset , improve the safety of our operations or improve operating efficiency are capitalized . these costs are allocated using appropriate statistical bases . total expense for repairs and maintenance incurred was $ 2.1 billion for 2012 , $ 2.2 billion for 2011 , and $ 2.0 billion for 2010 . assets held under capital leases are recorded at the lower of the net present value of the minimum lease payments or the fair value of the leased asset at the inception of the lease . amortization expense is computed using the straight-line method over the shorter of the estimated useful lives of the assets or the period of the related lease . 12 . accounts payable and other current liabilities dec . 31 , dec . 31 , millions 2012 2011 . <table class='wikitable'><tr><td>1</td><td>millions</td><td>dec . 31 2012</td><td>dec . 312011</td></tr><tr><td>2</td><td>accounts payable</td><td>$ 825</td><td>$ 819</td></tr><tr><td>3</td><td>accrued wages and vacation</td><td>376</td><td>363</td></tr><tr><td>4</td><td>income and other taxes</td><td>368</td><td>482</td></tr><tr><td>5</td><td>dividends payable</td><td>318</td><td>284</td></tr><tr><td>6</td><td>accrued casualty costs</td><td>213</td><td>249</td></tr><tr><td>7</td><td>interest payable</td><td>172</td><td>197</td></tr><tr><td>8</td><td>equipment rents payable</td><td>95</td><td>90</td></tr><tr><td>9</td><td>other</td><td>556</td><td>624</td></tr><tr><td>10</td><td>total accounts payable and othercurrent liabilities</td><td>$ 2923</td><td>$ 3108</td></tr></table> .
Question: what was the value of accrued wages and vacation in 2012?
Answer: 376.0
Question: what was the value in 2011?
Answer: 363.0
Question: what is the net change?
| 13.0 | 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.
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the analysis of our depreciation studies . changes in the estimated service lives of our assets and their related depreciation rates are implemented prospectively . under group depreciation , the historical cost ( net of salvage ) of depreciable property that is retired or replaced in the ordinary course of business is charged to accumulated depreciation and no gain or loss is recognized . the historical cost of certain track assets is estimated using ( i ) inflation indices published by the bureau of labor statistics and ( ii ) the estimated useful lives of the assets as determined by our depreciation studies . the indices were selected because they closely correlate with the major costs of the properties comprising the applicable track asset classes . because of the number of estimates inherent in the depreciation and retirement processes and because it is impossible to precisely estimate each of these variables until a group of property is completely retired , we continually monitor the estimated service lives of our assets and the accumulated depreciation associated with each asset class to ensure our depreciation rates are appropriate . in addition , we determine if the recorded amount of accumulated depreciation is deficient ( or in excess ) of the amount indicated by our depreciation studies . any deficiency ( or excess ) is amortized as a component of depreciation expense over the remaining service lives of the applicable classes of assets . for retirements of depreciable railroad properties that do not occur in the normal course of business , a gain or loss may be recognized if the retirement meets each of the following three conditions : ( i ) is unusual , ( ii ) is material in amount , and ( iii ) varies significantly from the retirement profile identified through our depreciation studies . a gain or loss is recognized in other income when we sell land or dispose of assets that are not part of our railroad operations . when we purchase an asset , we capitalize all costs necessary to make the asset ready for its intended use . however , many of our assets are self-constructed . a large portion of our capital expenditures is for replacement of existing track assets and other road properties , which is typically performed by our employees , and for track line expansion and other capacity projects . costs that are directly attributable to capital projects ( including overhead costs ) are capitalized . direct costs that are capitalized as part of self- constructed assets include material , labor , and work equipment . indirect costs are capitalized if they clearly relate to the construction of the asset . general and administrative expenditures are expensed as incurred . normal repairs and maintenance , including rail grinding , are also expensed as incurred , while costs incurred that extend the useful life of an asset , improve the safety of our operations or improve operating efficiency are capitalized . these costs are allocated using appropriate statistical bases . total expense for repairs and maintenance incurred was $ 2.1 billion for 2012 , $ 2.2 billion for 2011 , and $ 2.0 billion for 2010 . assets held under capital leases are recorded at the lower of the net present value of the minimum lease payments or the fair value of the leased asset at the inception of the lease . amortization expense is computed using the straight-line method over the shorter of the estimated useful lives of the assets or the period of the related lease . 12 . accounts payable and other current liabilities dec . 31 , dec . 31 , millions 2012 2011 . <table class='wikitable'><tr><td>1</td><td>millions</td><td>dec . 31 2012</td><td>dec . 312011</td></tr><tr><td>2</td><td>accounts payable</td><td>$ 825</td><td>$ 819</td></tr><tr><td>3</td><td>accrued wages and vacation</td><td>376</td><td>363</td></tr><tr><td>4</td><td>income and other taxes</td><td>368</td><td>482</td></tr><tr><td>5</td><td>dividends payable</td><td>318</td><td>284</td></tr><tr><td>6</td><td>accrued casualty costs</td><td>213</td><td>249</td></tr><tr><td>7</td><td>interest payable</td><td>172</td><td>197</td></tr><tr><td>8</td><td>equipment rents payable</td><td>95</td><td>90</td></tr><tr><td>9</td><td>other</td><td>556</td><td>624</td></tr><tr><td>10</td><td>total accounts payable and othercurrent liabilities</td><td>$ 2923</td><td>$ 3108</td></tr></table> .
Question: what was the value of accrued wages and vacation in 2012?
Answer: 376.0
Question: what was the value in 2011?
Answer: 363.0
Question: what is the net change?
Answer: 13.0
Question: what is the percent change?
| 0.03581 | 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.
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adobe systems incorporated notes to consolidated financial statements ( continued ) accounting for uncertainty in income taxes during fiscal 2013 and 2012 , our aggregate changes in our total gross amount of unrecognized tax benefits are summarized as follows ( in thousands ) : . <table class='wikitable'><tr><td>1</td><td>-</td><td>2013</td><td>2012</td></tr><tr><td>2</td><td>beginning balance</td><td>$ 160468</td><td>$ 163607</td></tr><tr><td>3</td><td>gross increases in unrecognized tax benefits 2013 prior year tax positions</td><td>20244</td><td>1038</td></tr><tr><td>4</td><td>gross increases in unrecognized tax benefits 2013 current year tax positions</td><td>16777</td><td>23771</td></tr><tr><td>5</td><td>settlements with taxing authorities</td><td>-55851 ( 55851 )</td><td>-1754 ( 1754 )</td></tr><tr><td>6</td><td>lapse of statute of limitations</td><td>-4066 ( 4066 )</td><td>-25387 ( 25387 )</td></tr><tr><td>7</td><td>foreign exchange gains and losses</td><td>-1474 ( 1474 )</td><td>-807 ( 807 )</td></tr><tr><td>8</td><td>ending balance</td><td>$ 136098</td><td>$ 160468</td></tr></table> as of november 29 , 2013 , the combined amount of accrued interest and penalties related to tax positions taken on our tax returns and included in non-current income taxes payable was approximately $ 11.4 million . we file income tax returns in the u.s . on a federal basis and in many u.s . state and foreign jurisdictions . we are subject to the continual examination of our income tax returns by the irs and other domestic and foreign tax authorities . our major tax jurisdictions are the u.s. , ireland and california . for california , ireland and the u.s. , the earliest fiscal years open for examination are 2005 , 2006 and 2010 , respectively . we regularly assess the likelihood of outcomes resulting from these examinations to determine the adequacy of our provision for income taxes and have reserved for potential adjustments that may result from the current examinations . we believe such estimates to be reasonable ; however , there can be no assurance that the final determination of any of these examinations will not have an adverse effect on our operating results and financial position . in july 2013 , a u.s . income tax examination covering our fiscal years 2008 and 2009 was completed . our accrued tax and interest related to these years was $ 48.4 million and was previously reported in long-term income taxes payable . we settled the tax obligation resulting from this examination with cash and income tax assets totaling $ 41.2 million , and the resulting $ 7.2 million income tax benefit was recorded in the third quarter of fiscal 2013 . the timing of the resolution of income tax examinations is highly uncertain as are the amounts and timing of tax payments that are part of any audit settlement process . these events could cause large fluctuations in the balance sheet classification of current and non-current assets and liabilities . we believe that within the next 12 months , it is reasonably possible that either certain audits will conclude or statutes of limitations on certain income tax examination periods will expire , or both . given the uncertainties described above , we can only determine a range of estimated potential decreases in underlying unrecognized tax benefits ranging from $ 0 to approximately $ 5 million . note 10 . restructuring fiscal 2011 restructuring plan in the fourth quarter of fiscal 2011 , we initiated a restructuring plan consisting of reductions in workforce and the consolidation of facilities in order to better align our resources around our digital media and digital marketing strategies . during fiscal 2013 , we continued to implement restructuring activities under this plan . total costs incurred to date and expected to be incurred for closing redundant facilities are $ 12.2 million as all facilities under this plan have been exited as of november 29 , 2013 . other restructuring plans other restructuring plans include other adobe plans and other plans associated with certain of our acquisitions that are substantially complete . we continue to make cash outlays to settle obligations under these plans , however the current impact to our consolidated financial statements is not significant . our other restructuring plans primarily consist of the 2009 restructuring plan , which was implemented in the fourth quarter of fiscal 2009 , in order to appropriately align our costs in connection with our fiscal 2010 operating plan. .
Question: what is the ending balance of the total gross amount of unrecognized tax benefits in 2013?
| 136098.0 | 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.
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adobe systems incorporated notes to consolidated financial statements ( continued ) accounting for uncertainty in income taxes during fiscal 2013 and 2012 , our aggregate changes in our total gross amount of unrecognized tax benefits are summarized as follows ( in thousands ) : . <table class='wikitable'><tr><td>1</td><td>-</td><td>2013</td><td>2012</td></tr><tr><td>2</td><td>beginning balance</td><td>$ 160468</td><td>$ 163607</td></tr><tr><td>3</td><td>gross increases in unrecognized tax benefits 2013 prior year tax positions</td><td>20244</td><td>1038</td></tr><tr><td>4</td><td>gross increases in unrecognized tax benefits 2013 current year tax positions</td><td>16777</td><td>23771</td></tr><tr><td>5</td><td>settlements with taxing authorities</td><td>-55851 ( 55851 )</td><td>-1754 ( 1754 )</td></tr><tr><td>6</td><td>lapse of statute of limitations</td><td>-4066 ( 4066 )</td><td>-25387 ( 25387 )</td></tr><tr><td>7</td><td>foreign exchange gains and losses</td><td>-1474 ( 1474 )</td><td>-807 ( 807 )</td></tr><tr><td>8</td><td>ending balance</td><td>$ 136098</td><td>$ 160468</td></tr></table> as of november 29 , 2013 , the combined amount of accrued interest and penalties related to tax positions taken on our tax returns and included in non-current income taxes payable was approximately $ 11.4 million . we file income tax returns in the u.s . on a federal basis and in many u.s . state and foreign jurisdictions . we are subject to the continual examination of our income tax returns by the irs and other domestic and foreign tax authorities . our major tax jurisdictions are the u.s. , ireland and california . for california , ireland and the u.s. , the earliest fiscal years open for examination are 2005 , 2006 and 2010 , respectively . we regularly assess the likelihood of outcomes resulting from these examinations to determine the adequacy of our provision for income taxes and have reserved for potential adjustments that may result from the current examinations . we believe such estimates to be reasonable ; however , there can be no assurance that the final determination of any of these examinations will not have an adverse effect on our operating results and financial position . in july 2013 , a u.s . income tax examination covering our fiscal years 2008 and 2009 was completed . our accrued tax and interest related to these years was $ 48.4 million and was previously reported in long-term income taxes payable . we settled the tax obligation resulting from this examination with cash and income tax assets totaling $ 41.2 million , and the resulting $ 7.2 million income tax benefit was recorded in the third quarter of fiscal 2013 . the timing of the resolution of income tax examinations is highly uncertain as are the amounts and timing of tax payments that are part of any audit settlement process . these events could cause large fluctuations in the balance sheet classification of current and non-current assets and liabilities . we believe that within the next 12 months , it is reasonably possible that either certain audits will conclude or statutes of limitations on certain income tax examination periods will expire , or both . given the uncertainties described above , we can only determine a range of estimated potential decreases in underlying unrecognized tax benefits ranging from $ 0 to approximately $ 5 million . note 10 . restructuring fiscal 2011 restructuring plan in the fourth quarter of fiscal 2011 , we initiated a restructuring plan consisting of reductions in workforce and the consolidation of facilities in order to better align our resources around our digital media and digital marketing strategies . during fiscal 2013 , we continued to implement restructuring activities under this plan . total costs incurred to date and expected to be incurred for closing redundant facilities are $ 12.2 million as all facilities under this plan have been exited as of november 29 , 2013 . other restructuring plans other restructuring plans include other adobe plans and other plans associated with certain of our acquisitions that are substantially complete . we continue to make cash outlays to settle obligations under these plans , however the current impact to our consolidated financial statements is not significant . our other restructuring plans primarily consist of the 2009 restructuring plan , which was implemented in the fourth quarter of fiscal 2009 , in order to appropriately align our costs in connection with our fiscal 2010 operating plan. .
Question: what is the ending balance of the total gross amount of unrecognized tax benefits in 2013?
Answer: 136098.0
Question: what about in 2012?
| 160468.0 | 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.
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adobe systems incorporated notes to consolidated financial statements ( continued ) accounting for uncertainty in income taxes during fiscal 2013 and 2012 , our aggregate changes in our total gross amount of unrecognized tax benefits are summarized as follows ( in thousands ) : . <table class='wikitable'><tr><td>1</td><td>-</td><td>2013</td><td>2012</td></tr><tr><td>2</td><td>beginning balance</td><td>$ 160468</td><td>$ 163607</td></tr><tr><td>3</td><td>gross increases in unrecognized tax benefits 2013 prior year tax positions</td><td>20244</td><td>1038</td></tr><tr><td>4</td><td>gross increases in unrecognized tax benefits 2013 current year tax positions</td><td>16777</td><td>23771</td></tr><tr><td>5</td><td>settlements with taxing authorities</td><td>-55851 ( 55851 )</td><td>-1754 ( 1754 )</td></tr><tr><td>6</td><td>lapse of statute of limitations</td><td>-4066 ( 4066 )</td><td>-25387 ( 25387 )</td></tr><tr><td>7</td><td>foreign exchange gains and losses</td><td>-1474 ( 1474 )</td><td>-807 ( 807 )</td></tr><tr><td>8</td><td>ending balance</td><td>$ 136098</td><td>$ 160468</td></tr></table> as of november 29 , 2013 , the combined amount of accrued interest and penalties related to tax positions taken on our tax returns and included in non-current income taxes payable was approximately $ 11.4 million . we file income tax returns in the u.s . on a federal basis and in many u.s . state and foreign jurisdictions . we are subject to the continual examination of our income tax returns by the irs and other domestic and foreign tax authorities . our major tax jurisdictions are the u.s. , ireland and california . for california , ireland and the u.s. , the earliest fiscal years open for examination are 2005 , 2006 and 2010 , respectively . we regularly assess the likelihood of outcomes resulting from these examinations to determine the adequacy of our provision for income taxes and have reserved for potential adjustments that may result from the current examinations . we believe such estimates to be reasonable ; however , there can be no assurance that the final determination of any of these examinations will not have an adverse effect on our operating results and financial position . in july 2013 , a u.s . income tax examination covering our fiscal years 2008 and 2009 was completed . our accrued tax and interest related to these years was $ 48.4 million and was previously reported in long-term income taxes payable . we settled the tax obligation resulting from this examination with cash and income tax assets totaling $ 41.2 million , and the resulting $ 7.2 million income tax benefit was recorded in the third quarter of fiscal 2013 . the timing of the resolution of income tax examinations is highly uncertain as are the amounts and timing of tax payments that are part of any audit settlement process . these events could cause large fluctuations in the balance sheet classification of current and non-current assets and liabilities . we believe that within the next 12 months , it is reasonably possible that either certain audits will conclude or statutes of limitations on certain income tax examination periods will expire , or both . given the uncertainties described above , we can only determine a range of estimated potential decreases in underlying unrecognized tax benefits ranging from $ 0 to approximately $ 5 million . note 10 . restructuring fiscal 2011 restructuring plan in the fourth quarter of fiscal 2011 , we initiated a restructuring plan consisting of reductions in workforce and the consolidation of facilities in order to better align our resources around our digital media and digital marketing strategies . during fiscal 2013 , we continued to implement restructuring activities under this plan . total costs incurred to date and expected to be incurred for closing redundant facilities are $ 12.2 million as all facilities under this plan have been exited as of november 29 , 2013 . other restructuring plans other restructuring plans include other adobe plans and other plans associated with certain of our acquisitions that are substantially complete . we continue to make cash outlays to settle obligations under these plans , however the current impact to our consolidated financial statements is not significant . our other restructuring plans primarily consist of the 2009 restructuring plan , which was implemented in the fourth quarter of fiscal 2009 , in order to appropriately align our costs in connection with our fiscal 2010 operating plan. .
Question: what is the ending balance of the total gross amount of unrecognized tax benefits in 2013?
Answer: 136098.0
Question: what about in 2012?
Answer: 160468.0
Question: what is the net change during 2013?
| -24370.0 | 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.
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adobe systems incorporated notes to consolidated financial statements ( continued ) accounting for uncertainty in income taxes during fiscal 2013 and 2012 , our aggregate changes in our total gross amount of unrecognized tax benefits are summarized as follows ( in thousands ) : . <table class='wikitable'><tr><td>1</td><td>-</td><td>2013</td><td>2012</td></tr><tr><td>2</td><td>beginning balance</td><td>$ 160468</td><td>$ 163607</td></tr><tr><td>3</td><td>gross increases in unrecognized tax benefits 2013 prior year tax positions</td><td>20244</td><td>1038</td></tr><tr><td>4</td><td>gross increases in unrecognized tax benefits 2013 current year tax positions</td><td>16777</td><td>23771</td></tr><tr><td>5</td><td>settlements with taxing authorities</td><td>-55851 ( 55851 )</td><td>-1754 ( 1754 )</td></tr><tr><td>6</td><td>lapse of statute of limitations</td><td>-4066 ( 4066 )</td><td>-25387 ( 25387 )</td></tr><tr><td>7</td><td>foreign exchange gains and losses</td><td>-1474 ( 1474 )</td><td>-807 ( 807 )</td></tr><tr><td>8</td><td>ending balance</td><td>$ 136098</td><td>$ 160468</td></tr></table> as of november 29 , 2013 , the combined amount of accrued interest and penalties related to tax positions taken on our tax returns and included in non-current income taxes payable was approximately $ 11.4 million . we file income tax returns in the u.s . on a federal basis and in many u.s . state and foreign jurisdictions . we are subject to the continual examination of our income tax returns by the irs and other domestic and foreign tax authorities . our major tax jurisdictions are the u.s. , ireland and california . for california , ireland and the u.s. , the earliest fiscal years open for examination are 2005 , 2006 and 2010 , respectively . we regularly assess the likelihood of outcomes resulting from these examinations to determine the adequacy of our provision for income taxes and have reserved for potential adjustments that may result from the current examinations . we believe such estimates to be reasonable ; however , there can be no assurance that the final determination of any of these examinations will not have an adverse effect on our operating results and financial position . in july 2013 , a u.s . income tax examination covering our fiscal years 2008 and 2009 was completed . our accrued tax and interest related to these years was $ 48.4 million and was previously reported in long-term income taxes payable . we settled the tax obligation resulting from this examination with cash and income tax assets totaling $ 41.2 million , and the resulting $ 7.2 million income tax benefit was recorded in the third quarter of fiscal 2013 . the timing of the resolution of income tax examinations is highly uncertain as are the amounts and timing of tax payments that are part of any audit settlement process . these events could cause large fluctuations in the balance sheet classification of current and non-current assets and liabilities . we believe that within the next 12 months , it is reasonably possible that either certain audits will conclude or statutes of limitations on certain income tax examination periods will expire , or both . given the uncertainties described above , we can only determine a range of estimated potential decreases in underlying unrecognized tax benefits ranging from $ 0 to approximately $ 5 million . note 10 . restructuring fiscal 2011 restructuring plan in the fourth quarter of fiscal 2011 , we initiated a restructuring plan consisting of reductions in workforce and the consolidation of facilities in order to better align our resources around our digital media and digital marketing strategies . during fiscal 2013 , we continued to implement restructuring activities under this plan . total costs incurred to date and expected to be incurred for closing redundant facilities are $ 12.2 million as all facilities under this plan have been exited as of november 29 , 2013 . other restructuring plans other restructuring plans include other adobe plans and other plans associated with certain of our acquisitions that are substantially complete . we continue to make cash outlays to settle obligations under these plans , however the current impact to our consolidated financial statements is not significant . our other restructuring plans primarily consist of the 2009 restructuring plan , which was implemented in the fourth quarter of fiscal 2009 , in order to appropriately align our costs in connection with our fiscal 2010 operating plan. .
Question: what is the ending balance of the total gross amount of unrecognized tax benefits in 2013?
Answer: 136098.0
Question: what about in 2012?
Answer: 160468.0
Question: what is the net change during 2013?
Answer: -24370.0
Question: what percentage change does this represent?
| -0.15187 | 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.
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kimco realty corporation and subsidiaries notes to consolidated financial statements , continued investment in retail store leases 2014 the company has interests in various retail store leases relating to the anchor store premises in neighborhood and community shopping centers . these premises have been sublet to retailers who lease the stores pursuant to net lease agreements . income from the investment in these retail store leases during the years ended december 31 , 2010 , 2009 and 2008 , was approximately $ 1.6 million , $ 0.8 million and $ 2.7 million , respectively . these amounts represent sublease revenues during the years ended december 31 , 2010 , 2009 and 2008 , of approximately $ 5.9 million , $ 5.2 million and $ 7.1 million , respectively , less related expenses of $ 4.3 million , $ 4.4 million and $ 4.4 million , respectively . the company 2019s future minimum revenues under the terms of all non-cancelable tenant subleases and future minimum obligations through the remaining terms of its retail store leases , assuming no new or renegotiated leases are executed for such premises , for future years are as follows ( in millions ) : 2011 , $ 5.2 and $ 3.4 ; 2012 , $ 4.1 and $ 2.6 ; 2013 , $ 3.8 and $ 2.3 ; 2014 , $ 2.9 and $ 1.7 ; 2015 , $ 2.1 and $ 1.3 , and thereafter , $ 2.8 and $ 1.6 , respectively . leveraged lease 2014 during june 2002 , the company acquired a 90% ( 90 % ) equity participation interest in an existing leveraged lease of 30 properties . the properties are leased under a long-term bond-type net lease whose primary term expires in 2016 , with the lessee having certain renewal option rights . the company 2019s cash equity investment was approximately $ 4.0 million . this equity investment is reported as a net investment in leveraged lease in accordance with the fasb 2019s lease guidance . as of december 31 , 2010 , 18 of these properties were sold , whereby the proceeds from the sales were used to pay down the mortgage debt by approximately $ 31.2 million and the remaining 12 properties were encumbered by third-party non-recourse debt of approximately $ 33.4 million that is scheduled to fully amortize during the primary term of the lease from a portion of the periodic net rents receivable under the net lease . as an equity participant in the leveraged lease , the company has no recourse obligation for principal or interest payments on the debt , which is collateralized by a first mortgage lien on the properties and collateral assignment of the lease . accordingly , this obligation has been offset against the related net rental receivable under the lease . at december 31 , 2010 and 2009 , the company 2019s net investment in the leveraged lease consisted of the following ( in millions ) : . <table class='wikitable'><tr><td>1</td><td>-</td><td>2010</td><td>2009</td></tr><tr><td>2</td><td>remaining net rentals</td><td>$ 37.6</td><td>$ 44.1</td></tr><tr><td>3</td><td>estimated unguaranteed residual value</td><td>31.7</td><td>31.7</td></tr><tr><td>4</td><td>non-recourse mortgage debt</td><td>-30.1 ( 30.1 )</td><td>-34.5 ( 34.5 )</td></tr><tr><td>5</td><td>unearned and deferred income</td><td>-34.2 ( 34.2 )</td><td>-37.0 ( 37.0 )</td></tr><tr><td>6</td><td>net investment in leveraged lease</td><td>$ 5.0</td><td>$ 4.3</td></tr></table> 10 . variable interest entities : consolidated operating properties 2014 included within the company 2019s consolidated operating properties at december 31 , 2010 are four consolidated entities that are vies and for which the company is the primary beneficiary . all of these entities have been established to own and operate real estate property . the company 2019s involvement with these entities is through its majority ownership of the properties . these entities were deemed vies primarily based on the fact that the voting rights of the equity investors are not proportional to their obligation to absorb expected losses or receive the expected residual returns of the entity and substantially all of the entity 2019s activities are conducted on behalf of the investor which has disproportionately fewer voting rights . the company determined that it was the primary beneficiary of these vies as a result of its controlling financial interest . during 2010 , the company sold two consolidated vie 2019s which the company was the primary beneficiary. .
Question: what was sublease revenue in 2010?
| 5.9 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
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kimco realty corporation and subsidiaries notes to consolidated financial statements , continued investment in retail store leases 2014 the company has interests in various retail store leases relating to the anchor store premises in neighborhood and community shopping centers . these premises have been sublet to retailers who lease the stores pursuant to net lease agreements . income from the investment in these retail store leases during the years ended december 31 , 2010 , 2009 and 2008 , was approximately $ 1.6 million , $ 0.8 million and $ 2.7 million , respectively . these amounts represent sublease revenues during the years ended december 31 , 2010 , 2009 and 2008 , of approximately $ 5.9 million , $ 5.2 million and $ 7.1 million , respectively , less related expenses of $ 4.3 million , $ 4.4 million and $ 4.4 million , respectively . the company 2019s future minimum revenues under the terms of all non-cancelable tenant subleases and future minimum obligations through the remaining terms of its retail store leases , assuming no new or renegotiated leases are executed for such premises , for future years are as follows ( in millions ) : 2011 , $ 5.2 and $ 3.4 ; 2012 , $ 4.1 and $ 2.6 ; 2013 , $ 3.8 and $ 2.3 ; 2014 , $ 2.9 and $ 1.7 ; 2015 , $ 2.1 and $ 1.3 , and thereafter , $ 2.8 and $ 1.6 , respectively . leveraged lease 2014 during june 2002 , the company acquired a 90% ( 90 % ) equity participation interest in an existing leveraged lease of 30 properties . the properties are leased under a long-term bond-type net lease whose primary term expires in 2016 , with the lessee having certain renewal option rights . the company 2019s cash equity investment was approximately $ 4.0 million . this equity investment is reported as a net investment in leveraged lease in accordance with the fasb 2019s lease guidance . as of december 31 , 2010 , 18 of these properties were sold , whereby the proceeds from the sales were used to pay down the mortgage debt by approximately $ 31.2 million and the remaining 12 properties were encumbered by third-party non-recourse debt of approximately $ 33.4 million that is scheduled to fully amortize during the primary term of the lease from a portion of the periodic net rents receivable under the net lease . as an equity participant in the leveraged lease , the company has no recourse obligation for principal or interest payments on the debt , which is collateralized by a first mortgage lien on the properties and collateral assignment of the lease . accordingly , this obligation has been offset against the related net rental receivable under the lease . at december 31 , 2010 and 2009 , the company 2019s net investment in the leveraged lease consisted of the following ( in millions ) : . <table class='wikitable'><tr><td>1</td><td>-</td><td>2010</td><td>2009</td></tr><tr><td>2</td><td>remaining net rentals</td><td>$ 37.6</td><td>$ 44.1</td></tr><tr><td>3</td><td>estimated unguaranteed residual value</td><td>31.7</td><td>31.7</td></tr><tr><td>4</td><td>non-recourse mortgage debt</td><td>-30.1 ( 30.1 )</td><td>-34.5 ( 34.5 )</td></tr><tr><td>5</td><td>unearned and deferred income</td><td>-34.2 ( 34.2 )</td><td>-37.0 ( 37.0 )</td></tr><tr><td>6</td><td>net investment in leveraged lease</td><td>$ 5.0</td><td>$ 4.3</td></tr></table> 10 . variable interest entities : consolidated operating properties 2014 included within the company 2019s consolidated operating properties at december 31 , 2010 are four consolidated entities that are vies and for which the company is the primary beneficiary . all of these entities have been established to own and operate real estate property . the company 2019s involvement with these entities is through its majority ownership of the properties . these entities were deemed vies primarily based on the fact that the voting rights of the equity investors are not proportional to their obligation to absorb expected losses or receive the expected residual returns of the entity and substantially all of the entity 2019s activities are conducted on behalf of the investor which has disproportionately fewer voting rights . the company determined that it was the primary beneficiary of these vies as a result of its controlling financial interest . during 2010 , the company sold two consolidated vie 2019s which the company was the primary beneficiary. .
Question: what was sublease revenue in 2010?
Answer: 5.9
Question: what was it in 2009?
| 5.2 | 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.
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kimco realty corporation and subsidiaries notes to consolidated financial statements , continued investment in retail store leases 2014 the company has interests in various retail store leases relating to the anchor store premises in neighborhood and community shopping centers . these premises have been sublet to retailers who lease the stores pursuant to net lease agreements . income from the investment in these retail store leases during the years ended december 31 , 2010 , 2009 and 2008 , was approximately $ 1.6 million , $ 0.8 million and $ 2.7 million , respectively . these amounts represent sublease revenues during the years ended december 31 , 2010 , 2009 and 2008 , of approximately $ 5.9 million , $ 5.2 million and $ 7.1 million , respectively , less related expenses of $ 4.3 million , $ 4.4 million and $ 4.4 million , respectively . the company 2019s future minimum revenues under the terms of all non-cancelable tenant subleases and future minimum obligations through the remaining terms of its retail store leases , assuming no new or renegotiated leases are executed for such premises , for future years are as follows ( in millions ) : 2011 , $ 5.2 and $ 3.4 ; 2012 , $ 4.1 and $ 2.6 ; 2013 , $ 3.8 and $ 2.3 ; 2014 , $ 2.9 and $ 1.7 ; 2015 , $ 2.1 and $ 1.3 , and thereafter , $ 2.8 and $ 1.6 , respectively . leveraged lease 2014 during june 2002 , the company acquired a 90% ( 90 % ) equity participation interest in an existing leveraged lease of 30 properties . the properties are leased under a long-term bond-type net lease whose primary term expires in 2016 , with the lessee having certain renewal option rights . the company 2019s cash equity investment was approximately $ 4.0 million . this equity investment is reported as a net investment in leveraged lease in accordance with the fasb 2019s lease guidance . as of december 31 , 2010 , 18 of these properties were sold , whereby the proceeds from the sales were used to pay down the mortgage debt by approximately $ 31.2 million and the remaining 12 properties were encumbered by third-party non-recourse debt of approximately $ 33.4 million that is scheduled to fully amortize during the primary term of the lease from a portion of the periodic net rents receivable under the net lease . as an equity participant in the leveraged lease , the company has no recourse obligation for principal or interest payments on the debt , which is collateralized by a first mortgage lien on the properties and collateral assignment of the lease . accordingly , this obligation has been offset against the related net rental receivable under the lease . at december 31 , 2010 and 2009 , the company 2019s net investment in the leveraged lease consisted of the following ( in millions ) : . <table class='wikitable'><tr><td>1</td><td>-</td><td>2010</td><td>2009</td></tr><tr><td>2</td><td>remaining net rentals</td><td>$ 37.6</td><td>$ 44.1</td></tr><tr><td>3</td><td>estimated unguaranteed residual value</td><td>31.7</td><td>31.7</td></tr><tr><td>4</td><td>non-recourse mortgage debt</td><td>-30.1 ( 30.1 )</td><td>-34.5 ( 34.5 )</td></tr><tr><td>5</td><td>unearned and deferred income</td><td>-34.2 ( 34.2 )</td><td>-37.0 ( 37.0 )</td></tr><tr><td>6</td><td>net investment in leveraged lease</td><td>$ 5.0</td><td>$ 4.3</td></tr></table> 10 . variable interest entities : consolidated operating properties 2014 included within the company 2019s consolidated operating properties at december 31 , 2010 are four consolidated entities that are vies and for which the company is the primary beneficiary . all of these entities have been established to own and operate real estate property . the company 2019s involvement with these entities is through its majority ownership of the properties . these entities were deemed vies primarily based on the fact that the voting rights of the equity investors are not proportional to their obligation to absorb expected losses or receive the expected residual returns of the entity and substantially all of the entity 2019s activities are conducted on behalf of the investor which has disproportionately fewer voting rights . the company determined that it was the primary beneficiary of these vies as a result of its controlling financial interest . during 2010 , the company sold two consolidated vie 2019s which the company was the primary beneficiary. .
Question: what was sublease revenue in 2010?
Answer: 5.9
Question: what was it in 2009?
Answer: 5.2
Question: what is the sum?
| 11.1 | 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.
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kimco realty corporation and subsidiaries notes to consolidated financial statements , continued investment in retail store leases 2014 the company has interests in various retail store leases relating to the anchor store premises in neighborhood and community shopping centers . these premises have been sublet to retailers who lease the stores pursuant to net lease agreements . income from the investment in these retail store leases during the years ended december 31 , 2010 , 2009 and 2008 , was approximately $ 1.6 million , $ 0.8 million and $ 2.7 million , respectively . these amounts represent sublease revenues during the years ended december 31 , 2010 , 2009 and 2008 , of approximately $ 5.9 million , $ 5.2 million and $ 7.1 million , respectively , less related expenses of $ 4.3 million , $ 4.4 million and $ 4.4 million , respectively . the company 2019s future minimum revenues under the terms of all non-cancelable tenant subleases and future minimum obligations through the remaining terms of its retail store leases , assuming no new or renegotiated leases are executed for such premises , for future years are as follows ( in millions ) : 2011 , $ 5.2 and $ 3.4 ; 2012 , $ 4.1 and $ 2.6 ; 2013 , $ 3.8 and $ 2.3 ; 2014 , $ 2.9 and $ 1.7 ; 2015 , $ 2.1 and $ 1.3 , and thereafter , $ 2.8 and $ 1.6 , respectively . leveraged lease 2014 during june 2002 , the company acquired a 90% ( 90 % ) equity participation interest in an existing leveraged lease of 30 properties . the properties are leased under a long-term bond-type net lease whose primary term expires in 2016 , with the lessee having certain renewal option rights . the company 2019s cash equity investment was approximately $ 4.0 million . this equity investment is reported as a net investment in leveraged lease in accordance with the fasb 2019s lease guidance . as of december 31 , 2010 , 18 of these properties were sold , whereby the proceeds from the sales were used to pay down the mortgage debt by approximately $ 31.2 million and the remaining 12 properties were encumbered by third-party non-recourse debt of approximately $ 33.4 million that is scheduled to fully amortize during the primary term of the lease from a portion of the periodic net rents receivable under the net lease . as an equity participant in the leveraged lease , the company has no recourse obligation for principal or interest payments on the debt , which is collateralized by a first mortgage lien on the properties and collateral assignment of the lease . accordingly , this obligation has been offset against the related net rental receivable under the lease . at december 31 , 2010 and 2009 , the company 2019s net investment in the leveraged lease consisted of the following ( in millions ) : . <table class='wikitable'><tr><td>1</td><td>-</td><td>2010</td><td>2009</td></tr><tr><td>2</td><td>remaining net rentals</td><td>$ 37.6</td><td>$ 44.1</td></tr><tr><td>3</td><td>estimated unguaranteed residual value</td><td>31.7</td><td>31.7</td></tr><tr><td>4</td><td>non-recourse mortgage debt</td><td>-30.1 ( 30.1 )</td><td>-34.5 ( 34.5 )</td></tr><tr><td>5</td><td>unearned and deferred income</td><td>-34.2 ( 34.2 )</td><td>-37.0 ( 37.0 )</td></tr><tr><td>6</td><td>net investment in leveraged lease</td><td>$ 5.0</td><td>$ 4.3</td></tr></table> 10 . variable interest entities : consolidated operating properties 2014 included within the company 2019s consolidated operating properties at december 31 , 2010 are four consolidated entities that are vies and for which the company is the primary beneficiary . all of these entities have been established to own and operate real estate property . the company 2019s involvement with these entities is through its majority ownership of the properties . these entities were deemed vies primarily based on the fact that the voting rights of the equity investors are not proportional to their obligation to absorb expected losses or receive the expected residual returns of the entity and substantially all of the entity 2019s activities are conducted on behalf of the investor which has disproportionately fewer voting rights . the company determined that it was the primary beneficiary of these vies as a result of its controlling financial interest . during 2010 , the company sold two consolidated vie 2019s which the company was the primary beneficiary. .
Question: what was sublease revenue in 2010?
Answer: 5.9
Question: what was it in 2009?
Answer: 5.2
Question: what is the sum?
Answer: 11.1
Question: what is the total sum including 2008?
| 18.2 | 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.
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adobe systems incorporated notes to consolidated financial statements ( continued ) accounting for uncertainty in income taxes during fiscal 2013 and 2012 , our aggregate changes in our total gross amount of unrecognized tax benefits are summarized as follows ( in thousands ) : . <table class='wikitable'><tr><td>1</td><td>-</td><td>2013</td><td>2012</td></tr><tr><td>2</td><td>beginning balance</td><td>$ 160468</td><td>$ 163607</td></tr><tr><td>3</td><td>gross increases in unrecognized tax benefits 2013 prior year tax positions</td><td>20244</td><td>1038</td></tr><tr><td>4</td><td>gross increases in unrecognized tax benefits 2013 current year tax positions</td><td>16777</td><td>23771</td></tr><tr><td>5</td><td>settlements with taxing authorities</td><td>-55851 ( 55851 )</td><td>-1754 ( 1754 )</td></tr><tr><td>6</td><td>lapse of statute of limitations</td><td>-4066 ( 4066 )</td><td>-25387 ( 25387 )</td></tr><tr><td>7</td><td>foreign exchange gains and losses</td><td>-1474 ( 1474 )</td><td>-807 ( 807 )</td></tr><tr><td>8</td><td>ending balance</td><td>$ 136098</td><td>$ 160468</td></tr></table> as of november 29 , 2013 , the combined amount of accrued interest and penalties related to tax positions taken on our tax returns and included in non-current income taxes payable was approximately $ 11.4 million . we file income tax returns in the u.s . on a federal basis and in many u.s . state and foreign jurisdictions . we are subject to the continual examination of our income tax returns by the irs and other domestic and foreign tax authorities . our major tax jurisdictions are the u.s. , ireland and california . for california , ireland and the u.s. , the earliest fiscal years open for examination are 2005 , 2006 and 2010 , respectively . we regularly assess the likelihood of outcomes resulting from these examinations to determine the adequacy of our provision for income taxes and have reserved for potential adjustments that may result from the current examinations . we believe such estimates to be reasonable ; however , there can be no assurance that the final determination of any of these examinations will not have an adverse effect on our operating results and financial position . in july 2013 , a u.s . income tax examination covering our fiscal years 2008 and 2009 was completed . our accrued tax and interest related to these years was $ 48.4 million and was previously reported in long-term income taxes payable . we settled the tax obligation resulting from this examination with cash and income tax assets totaling $ 41.2 million , and the resulting $ 7.2 million income tax benefit was recorded in the third quarter of fiscal 2013 . the timing of the resolution of income tax examinations is highly uncertain as are the amounts and timing of tax payments that are part of any audit settlement process . these events could cause large fluctuations in the balance sheet classification of current and non-current assets and liabilities . we believe that within the next 12 months , it is reasonably possible that either certain audits will conclude or statutes of limitations on certain income tax examination periods will expire , or both . given the uncertainties described above , we can only determine a range of estimated potential decreases in underlying unrecognized tax benefits ranging from $ 0 to approximately $ 5 million . note 10 . restructuring fiscal 2011 restructuring plan in the fourth quarter of fiscal 2011 , we initiated a restructuring plan consisting of reductions in workforce and the consolidation of facilities in order to better align our resources around our digital media and digital marketing strategies . during fiscal 2013 , we continued to implement restructuring activities under this plan . total costs incurred to date and expected to be incurred for closing redundant facilities are $ 12.2 million as all facilities under this plan have been exited as of november 29 , 2013 . other restructuring plans other restructuring plans include other adobe plans and other plans associated with certain of our acquisitions that are substantially complete . we continue to make cash outlays to settle obligations under these plans , however the current impact to our consolidated financial statements is not significant . our other restructuring plans primarily consist of the 2009 restructuring plan , which was implemented in the fourth quarter of fiscal 2009 , in order to appropriately align our costs in connection with our fiscal 2010 operating plan. .
Question: what was the gross amount of unrecognized tax benefits in 2012?
| 160468.0 | 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.
|
adobe systems incorporated notes to consolidated financial statements ( continued ) accounting for uncertainty in income taxes during fiscal 2013 and 2012 , our aggregate changes in our total gross amount of unrecognized tax benefits are summarized as follows ( in thousands ) : . <table class='wikitable'><tr><td>1</td><td>-</td><td>2013</td><td>2012</td></tr><tr><td>2</td><td>beginning balance</td><td>$ 160468</td><td>$ 163607</td></tr><tr><td>3</td><td>gross increases in unrecognized tax benefits 2013 prior year tax positions</td><td>20244</td><td>1038</td></tr><tr><td>4</td><td>gross increases in unrecognized tax benefits 2013 current year tax positions</td><td>16777</td><td>23771</td></tr><tr><td>5</td><td>settlements with taxing authorities</td><td>-55851 ( 55851 )</td><td>-1754 ( 1754 )</td></tr><tr><td>6</td><td>lapse of statute of limitations</td><td>-4066 ( 4066 )</td><td>-25387 ( 25387 )</td></tr><tr><td>7</td><td>foreign exchange gains and losses</td><td>-1474 ( 1474 )</td><td>-807 ( 807 )</td></tr><tr><td>8</td><td>ending balance</td><td>$ 136098</td><td>$ 160468</td></tr></table> as of november 29 , 2013 , the combined amount of accrued interest and penalties related to tax positions taken on our tax returns and included in non-current income taxes payable was approximately $ 11.4 million . we file income tax returns in the u.s . on a federal basis and in many u.s . state and foreign jurisdictions . we are subject to the continual examination of our income tax returns by the irs and other domestic and foreign tax authorities . our major tax jurisdictions are the u.s. , ireland and california . for california , ireland and the u.s. , the earliest fiscal years open for examination are 2005 , 2006 and 2010 , respectively . we regularly assess the likelihood of outcomes resulting from these examinations to determine the adequacy of our provision for income taxes and have reserved for potential adjustments that may result from the current examinations . we believe such estimates to be reasonable ; however , there can be no assurance that the final determination of any of these examinations will not have an adverse effect on our operating results and financial position . in july 2013 , a u.s . income tax examination covering our fiscal years 2008 and 2009 was completed . our accrued tax and interest related to these years was $ 48.4 million and was previously reported in long-term income taxes payable . we settled the tax obligation resulting from this examination with cash and income tax assets totaling $ 41.2 million , and the resulting $ 7.2 million income tax benefit was recorded in the third quarter of fiscal 2013 . the timing of the resolution of income tax examinations is highly uncertain as are the amounts and timing of tax payments that are part of any audit settlement process . these events could cause large fluctuations in the balance sheet classification of current and non-current assets and liabilities . we believe that within the next 12 months , it is reasonably possible that either certain audits will conclude or statutes of limitations on certain income tax examination periods will expire , or both . given the uncertainties described above , we can only determine a range of estimated potential decreases in underlying unrecognized tax benefits ranging from $ 0 to approximately $ 5 million . note 10 . restructuring fiscal 2011 restructuring plan in the fourth quarter of fiscal 2011 , we initiated a restructuring plan consisting of reductions in workforce and the consolidation of facilities in order to better align our resources around our digital media and digital marketing strategies . during fiscal 2013 , we continued to implement restructuring activities under this plan . total costs incurred to date and expected to be incurred for closing redundant facilities are $ 12.2 million as all facilities under this plan have been exited as of november 29 , 2013 . other restructuring plans other restructuring plans include other adobe plans and other plans associated with certain of our acquisitions that are substantially complete . we continue to make cash outlays to settle obligations under these plans , however the current impact to our consolidated financial statements is not significant . our other restructuring plans primarily consist of the 2009 restructuring plan , which was implemented in the fourth quarter of fiscal 2009 , in order to appropriately align our costs in connection with our fiscal 2010 operating plan. .
Question: what was the gross amount of unrecognized tax benefits in 2012?
Answer: 160468.0
Question: and what was it in 2011?
| 163607.0 | 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.
|
adobe systems incorporated notes to consolidated financial statements ( continued ) accounting for uncertainty in income taxes during fiscal 2013 and 2012 , our aggregate changes in our total gross amount of unrecognized tax benefits are summarized as follows ( in thousands ) : . <table class='wikitable'><tr><td>1</td><td>-</td><td>2013</td><td>2012</td></tr><tr><td>2</td><td>beginning balance</td><td>$ 160468</td><td>$ 163607</td></tr><tr><td>3</td><td>gross increases in unrecognized tax benefits 2013 prior year tax positions</td><td>20244</td><td>1038</td></tr><tr><td>4</td><td>gross increases in unrecognized tax benefits 2013 current year tax positions</td><td>16777</td><td>23771</td></tr><tr><td>5</td><td>settlements with taxing authorities</td><td>-55851 ( 55851 )</td><td>-1754 ( 1754 )</td></tr><tr><td>6</td><td>lapse of statute of limitations</td><td>-4066 ( 4066 )</td><td>-25387 ( 25387 )</td></tr><tr><td>7</td><td>foreign exchange gains and losses</td><td>-1474 ( 1474 )</td><td>-807 ( 807 )</td></tr><tr><td>8</td><td>ending balance</td><td>$ 136098</td><td>$ 160468</td></tr></table> as of november 29 , 2013 , the combined amount of accrued interest and penalties related to tax positions taken on our tax returns and included in non-current income taxes payable was approximately $ 11.4 million . we file income tax returns in the u.s . on a federal basis and in many u.s . state and foreign jurisdictions . we are subject to the continual examination of our income tax returns by the irs and other domestic and foreign tax authorities . our major tax jurisdictions are the u.s. , ireland and california . for california , ireland and the u.s. , the earliest fiscal years open for examination are 2005 , 2006 and 2010 , respectively . we regularly assess the likelihood of outcomes resulting from these examinations to determine the adequacy of our provision for income taxes and have reserved for potential adjustments that may result from the current examinations . we believe such estimates to be reasonable ; however , there can be no assurance that the final determination of any of these examinations will not have an adverse effect on our operating results and financial position . in july 2013 , a u.s . income tax examination covering our fiscal years 2008 and 2009 was completed . our accrued tax and interest related to these years was $ 48.4 million and was previously reported in long-term income taxes payable . we settled the tax obligation resulting from this examination with cash and income tax assets totaling $ 41.2 million , and the resulting $ 7.2 million income tax benefit was recorded in the third quarter of fiscal 2013 . the timing of the resolution of income tax examinations is highly uncertain as are the amounts and timing of tax payments that are part of any audit settlement process . these events could cause large fluctuations in the balance sheet classification of current and non-current assets and liabilities . we believe that within the next 12 months , it is reasonably possible that either certain audits will conclude or statutes of limitations on certain income tax examination periods will expire , or both . given the uncertainties described above , we can only determine a range of estimated potential decreases in underlying unrecognized tax benefits ranging from $ 0 to approximately $ 5 million . note 10 . restructuring fiscal 2011 restructuring plan in the fourth quarter of fiscal 2011 , we initiated a restructuring plan consisting of reductions in workforce and the consolidation of facilities in order to better align our resources around our digital media and digital marketing strategies . during fiscal 2013 , we continued to implement restructuring activities under this plan . total costs incurred to date and expected to be incurred for closing redundant facilities are $ 12.2 million as all facilities under this plan have been exited as of november 29 , 2013 . other restructuring plans other restructuring plans include other adobe plans and other plans associated with certain of our acquisitions that are substantially complete . we continue to make cash outlays to settle obligations under these plans , however the current impact to our consolidated financial statements is not significant . our other restructuring plans primarily consist of the 2009 restructuring plan , which was implemented in the fourth quarter of fiscal 2009 , in order to appropriately align our costs in connection with our fiscal 2010 operating plan. .
Question: what was the gross amount of unrecognized tax benefits in 2012?
Answer: 160468.0
Question: and what was it in 2011?
Answer: 163607.0
Question: what was, then, the change over the year?
| -3139.0 | 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.
|
adobe systems incorporated notes to consolidated financial statements ( continued ) accounting for uncertainty in income taxes during fiscal 2013 and 2012 , our aggregate changes in our total gross amount of unrecognized tax benefits are summarized as follows ( in thousands ) : . <table class='wikitable'><tr><td>1</td><td>-</td><td>2013</td><td>2012</td></tr><tr><td>2</td><td>beginning balance</td><td>$ 160468</td><td>$ 163607</td></tr><tr><td>3</td><td>gross increases in unrecognized tax benefits 2013 prior year tax positions</td><td>20244</td><td>1038</td></tr><tr><td>4</td><td>gross increases in unrecognized tax benefits 2013 current year tax positions</td><td>16777</td><td>23771</td></tr><tr><td>5</td><td>settlements with taxing authorities</td><td>-55851 ( 55851 )</td><td>-1754 ( 1754 )</td></tr><tr><td>6</td><td>lapse of statute of limitations</td><td>-4066 ( 4066 )</td><td>-25387 ( 25387 )</td></tr><tr><td>7</td><td>foreign exchange gains and losses</td><td>-1474 ( 1474 )</td><td>-807 ( 807 )</td></tr><tr><td>8</td><td>ending balance</td><td>$ 136098</td><td>$ 160468</td></tr></table> as of november 29 , 2013 , the combined amount of accrued interest and penalties related to tax positions taken on our tax returns and included in non-current income taxes payable was approximately $ 11.4 million . we file income tax returns in the u.s . on a federal basis and in many u.s . state and foreign jurisdictions . we are subject to the continual examination of our income tax returns by the irs and other domestic and foreign tax authorities . our major tax jurisdictions are the u.s. , ireland and california . for california , ireland and the u.s. , the earliest fiscal years open for examination are 2005 , 2006 and 2010 , respectively . we regularly assess the likelihood of outcomes resulting from these examinations to determine the adequacy of our provision for income taxes and have reserved for potential adjustments that may result from the current examinations . we believe such estimates to be reasonable ; however , there can be no assurance that the final determination of any of these examinations will not have an adverse effect on our operating results and financial position . in july 2013 , a u.s . income tax examination covering our fiscal years 2008 and 2009 was completed . our accrued tax and interest related to these years was $ 48.4 million and was previously reported in long-term income taxes payable . we settled the tax obligation resulting from this examination with cash and income tax assets totaling $ 41.2 million , and the resulting $ 7.2 million income tax benefit was recorded in the third quarter of fiscal 2013 . the timing of the resolution of income tax examinations is highly uncertain as are the amounts and timing of tax payments that are part of any audit settlement process . these events could cause large fluctuations in the balance sheet classification of current and non-current assets and liabilities . we believe that within the next 12 months , it is reasonably possible that either certain audits will conclude or statutes of limitations on certain income tax examination periods will expire , or both . given the uncertainties described above , we can only determine a range of estimated potential decreases in underlying unrecognized tax benefits ranging from $ 0 to approximately $ 5 million . note 10 . restructuring fiscal 2011 restructuring plan in the fourth quarter of fiscal 2011 , we initiated a restructuring plan consisting of reductions in workforce and the consolidation of facilities in order to better align our resources around our digital media and digital marketing strategies . during fiscal 2013 , we continued to implement restructuring activities under this plan . total costs incurred to date and expected to be incurred for closing redundant facilities are $ 12.2 million as all facilities under this plan have been exited as of november 29 , 2013 . other restructuring plans other restructuring plans include other adobe plans and other plans associated with certain of our acquisitions that are substantially complete . we continue to make cash outlays to settle obligations under these plans , however the current impact to our consolidated financial statements is not significant . our other restructuring plans primarily consist of the 2009 restructuring plan , which was implemented in the fourth quarter of fiscal 2009 , in order to appropriately align our costs in connection with our fiscal 2010 operating plan. .
Question: what was the gross amount of unrecognized tax benefits in 2012?
Answer: 160468.0
Question: and what was it in 2011?
Answer: 163607.0
Question: what was, then, the change over the year?
Answer: -3139.0
Question: what was the gross amount of unrecognized tax benefits in 2011?
| 163607.0 | 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.
|
adobe systems incorporated notes to consolidated financial statements ( continued ) accounting for uncertainty in income taxes during fiscal 2013 and 2012 , our aggregate changes in our total gross amount of unrecognized tax benefits are summarized as follows ( in thousands ) : . <table class='wikitable'><tr><td>1</td><td>-</td><td>2013</td><td>2012</td></tr><tr><td>2</td><td>beginning balance</td><td>$ 160468</td><td>$ 163607</td></tr><tr><td>3</td><td>gross increases in unrecognized tax benefits 2013 prior year tax positions</td><td>20244</td><td>1038</td></tr><tr><td>4</td><td>gross increases in unrecognized tax benefits 2013 current year tax positions</td><td>16777</td><td>23771</td></tr><tr><td>5</td><td>settlements with taxing authorities</td><td>-55851 ( 55851 )</td><td>-1754 ( 1754 )</td></tr><tr><td>6</td><td>lapse of statute of limitations</td><td>-4066 ( 4066 )</td><td>-25387 ( 25387 )</td></tr><tr><td>7</td><td>foreign exchange gains and losses</td><td>-1474 ( 1474 )</td><td>-807 ( 807 )</td></tr><tr><td>8</td><td>ending balance</td><td>$ 136098</td><td>$ 160468</td></tr></table> as of november 29 , 2013 , the combined amount of accrued interest and penalties related to tax positions taken on our tax returns and included in non-current income taxes payable was approximately $ 11.4 million . we file income tax returns in the u.s . on a federal basis and in many u.s . state and foreign jurisdictions . we are subject to the continual examination of our income tax returns by the irs and other domestic and foreign tax authorities . our major tax jurisdictions are the u.s. , ireland and california . for california , ireland and the u.s. , the earliest fiscal years open for examination are 2005 , 2006 and 2010 , respectively . we regularly assess the likelihood of outcomes resulting from these examinations to determine the adequacy of our provision for income taxes and have reserved for potential adjustments that may result from the current examinations . we believe such estimates to be reasonable ; however , there can be no assurance that the final determination of any of these examinations will not have an adverse effect on our operating results and financial position . in july 2013 , a u.s . income tax examination covering our fiscal years 2008 and 2009 was completed . our accrued tax and interest related to these years was $ 48.4 million and was previously reported in long-term income taxes payable . we settled the tax obligation resulting from this examination with cash and income tax assets totaling $ 41.2 million , and the resulting $ 7.2 million income tax benefit was recorded in the third quarter of fiscal 2013 . the timing of the resolution of income tax examinations is highly uncertain as are the amounts and timing of tax payments that are part of any audit settlement process . these events could cause large fluctuations in the balance sheet classification of current and non-current assets and liabilities . we believe that within the next 12 months , it is reasonably possible that either certain audits will conclude or statutes of limitations on certain income tax examination periods will expire , or both . given the uncertainties described above , we can only determine a range of estimated potential decreases in underlying unrecognized tax benefits ranging from $ 0 to approximately $ 5 million . note 10 . restructuring fiscal 2011 restructuring plan in the fourth quarter of fiscal 2011 , we initiated a restructuring plan consisting of reductions in workforce and the consolidation of facilities in order to better align our resources around our digital media and digital marketing strategies . during fiscal 2013 , we continued to implement restructuring activities under this plan . total costs incurred to date and expected to be incurred for closing redundant facilities are $ 12.2 million as all facilities under this plan have been exited as of november 29 , 2013 . other restructuring plans other restructuring plans include other adobe plans and other plans associated with certain of our acquisitions that are substantially complete . we continue to make cash outlays to settle obligations under these plans , however the current impact to our consolidated financial statements is not significant . our other restructuring plans primarily consist of the 2009 restructuring plan , which was implemented in the fourth quarter of fiscal 2009 , in order to appropriately align our costs in connection with our fiscal 2010 operating plan. .
Question: what was the gross amount of unrecognized tax benefits in 2012?
Answer: 160468.0
Question: and what was it in 2011?
Answer: 163607.0
Question: what was, then, the change over the year?
Answer: -3139.0
Question: what was the gross amount of unrecognized tax benefits in 2011?
Answer: 163607.0
Question: and how much does that change represent in relation to this 2011 gross amount, in percentage?
| -0.01919 | 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.
|
certain mortgage loans citigroup has elected the fair value option for certain purchased and originated prime fixed-rate and conforming adjustable-rate first mortgage loans held-for-sale . these loans are intended for sale or securitization and are hedged with derivative instruments . the company has elected the fair value option to mitigate accounting mismatches in cases where hedge . <table class='wikitable'><tr><td>1</td><td>in millions of dollars</td><td>december 31 2009</td><td>december 31 2008</td></tr><tr><td>2</td><td>carrying amount reported on the consolidated balance sheet</td><td>$ 3338</td><td>$ 4273</td></tr><tr><td>3</td><td>aggregate fair value in excess of unpaid principalbalance</td><td>55</td><td>138</td></tr><tr><td>4</td><td>balance of non-accrual loans or loans more than 90 days past due</td><td>4</td><td>9</td></tr><tr><td>5</td><td>aggregate unpaid principal balance in excess of fair value for non-accrualloans or loans more than 90 days past due</td><td>3</td><td>2</td></tr></table> the changes in fair values of these mortgage loans are reported in other revenue in the company 2019s consolidated statement of income . the changes in fair value during the years ended december 31 , 2009 and 2008 due to instrument-specific credit risk resulted in a $ 10 million loss and $ 32 million loss , respectively . related interest income continues to be measured based on the contractual interest rates and reported as such in the consolidated statement of income . mortgage servicing rights the company accounts for mortgage servicing rights ( msrs ) at fair value . fair value for msrs is determined using an option-adjusted spread valuation approach . this approach consists of projecting servicing cash flows under multiple interest-rate scenarios and discounting these cash flows using risk-adjusted rates . the model assumptions used in the valuation of msrs include mortgage prepayment speeds and discount rates . the fair value of msrs is primarily affected by changes in prepayments that result from shifts in mortgage interest rates . in managing this risk , the company hedges a significant portion of the values of its msrs through the use of interest-rate derivative contracts , forward-purchase commitments of mortgage-backed securities , and purchased securities classified as trading . see note 23 to the consolidated financial statements for further discussions regarding the accounting and reporting of msrs . these msrs , which totaled $ 6.5 billion and $ 5.7 billion as of december 31 , 2009 and 2008 , respectively , are classified as mortgage servicing rights on citigroup 2019s consolidated balance sheet . changes in fair value of msrs are recorded in commissions and fees in the company 2019s consolidated statement of income . certain structured liabilities the company has elected the fair value option for certain structured liabilities whose performance is linked to structured interest rates , inflation or currency risks ( 201cstructured liabilities 201d ) . the company elected the fair value option , because these exposures are considered to be trading-related positions and , therefore , are managed on a fair value basis . these positions will continue to be classified as debt , deposits or derivatives ( trading account liabilities ) on the company 2019s consolidated balance sheet according to their legal form . for those structured liabilities classified as long-term debt for which the fair value option has been elected , the aggregate unpaid principal balance exceeded the aggregate fair value by $ 125 million and $ 671 million as of december 31 , 2009 and 2008 , respectively . the change in fair value for these structured liabilities is reported in principal transactions in the company 2019s consolidated statement of income . related interest expense is measured based on the contractual interest rates and reported as such in the consolidated income statement . certain non-structured liabilities the company has elected the fair value option for certain non-structured liabilities with fixed and floating interest rates ( 201cnon-structured liabilities 201d ) . the company has elected the fair value option where the interest-rate risk of such liabilities is economically hedged with derivative contracts or the proceeds are used to purchase financial assets that will also be accounted for at fair value through earnings . the election has been made to mitigate accounting mismatches and to achieve operational simplifications . these positions are reported in short-term borrowings and long-term debt on the company 2019s consolidated balance sheet . for those non-structured liabilities classified as short-term borrowings for which the fair value option has been elected , the aggregate unpaid principal balance exceeded the aggregate fair value of such instruments by $ 220 million as of december 31 , 2008 . for non-structured liabilities classified as long-term debt for which the fair value option has been elected , the aggregate unpaid principal balance exceeded the aggregate fair value by $ 1542 million and $ 856 million as of december 31 , 2009 and 2008 , respectively . the change in fair value for these non-structured liabilities is reported in principal transactions in the company 2019s consolidated statement of income . related interest expense continues to be measured based on the contractual interest rates and reported as such in the consolidated income statement . accounting is complex and to achieve operational simplifications . the fair value option was not elected for loans held-for-investment , as those loans are not hedged with derivative instruments . the following table provides information about certain mortgage loans carried at fair value: .
Question: what was the percentage of the 2008 to 2009 unpaid principal balance exceeded the aggregate fair value non-structured liabilities classified as long-term debt for which the fair value option has been elected?
| 0.55512 | 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.
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certain mortgage loans citigroup has elected the fair value option for certain purchased and originated prime fixed-rate and conforming adjustable-rate first mortgage loans held-for-sale . these loans are intended for sale or securitization and are hedged with derivative instruments . the company has elected the fair value option to mitigate accounting mismatches in cases where hedge . <table class='wikitable'><tr><td>1</td><td>in millions of dollars</td><td>december 31 2009</td><td>december 31 2008</td></tr><tr><td>2</td><td>carrying amount reported on the consolidated balance sheet</td><td>$ 3338</td><td>$ 4273</td></tr><tr><td>3</td><td>aggregate fair value in excess of unpaid principalbalance</td><td>55</td><td>138</td></tr><tr><td>4</td><td>balance of non-accrual loans or loans more than 90 days past due</td><td>4</td><td>9</td></tr><tr><td>5</td><td>aggregate unpaid principal balance in excess of fair value for non-accrualloans or loans more than 90 days past due</td><td>3</td><td>2</td></tr></table> the changes in fair values of these mortgage loans are reported in other revenue in the company 2019s consolidated statement of income . the changes in fair value during the years ended december 31 , 2009 and 2008 due to instrument-specific credit risk resulted in a $ 10 million loss and $ 32 million loss , respectively . related interest income continues to be measured based on the contractual interest rates and reported as such in the consolidated statement of income . mortgage servicing rights the company accounts for mortgage servicing rights ( msrs ) at fair value . fair value for msrs is determined using an option-adjusted spread valuation approach . this approach consists of projecting servicing cash flows under multiple interest-rate scenarios and discounting these cash flows using risk-adjusted rates . the model assumptions used in the valuation of msrs include mortgage prepayment speeds and discount rates . the fair value of msrs is primarily affected by changes in prepayments that result from shifts in mortgage interest rates . in managing this risk , the company hedges a significant portion of the values of its msrs through the use of interest-rate derivative contracts , forward-purchase commitments of mortgage-backed securities , and purchased securities classified as trading . see note 23 to the consolidated financial statements for further discussions regarding the accounting and reporting of msrs . these msrs , which totaled $ 6.5 billion and $ 5.7 billion as of december 31 , 2009 and 2008 , respectively , are classified as mortgage servicing rights on citigroup 2019s consolidated balance sheet . changes in fair value of msrs are recorded in commissions and fees in the company 2019s consolidated statement of income . certain structured liabilities the company has elected the fair value option for certain structured liabilities whose performance is linked to structured interest rates , inflation or currency risks ( 201cstructured liabilities 201d ) . the company elected the fair value option , because these exposures are considered to be trading-related positions and , therefore , are managed on a fair value basis . these positions will continue to be classified as debt , deposits or derivatives ( trading account liabilities ) on the company 2019s consolidated balance sheet according to their legal form . for those structured liabilities classified as long-term debt for which the fair value option has been elected , the aggregate unpaid principal balance exceeded the aggregate fair value by $ 125 million and $ 671 million as of december 31 , 2009 and 2008 , respectively . the change in fair value for these structured liabilities is reported in principal transactions in the company 2019s consolidated statement of income . related interest expense is measured based on the contractual interest rates and reported as such in the consolidated income statement . certain non-structured liabilities the company has elected the fair value option for certain non-structured liabilities with fixed and floating interest rates ( 201cnon-structured liabilities 201d ) . the company has elected the fair value option where the interest-rate risk of such liabilities is economically hedged with derivative contracts or the proceeds are used to purchase financial assets that will also be accounted for at fair value through earnings . the election has been made to mitigate accounting mismatches and to achieve operational simplifications . these positions are reported in short-term borrowings and long-term debt on the company 2019s consolidated balance sheet . for those non-structured liabilities classified as short-term borrowings for which the fair value option has been elected , the aggregate unpaid principal balance exceeded the aggregate fair value of such instruments by $ 220 million as of december 31 , 2008 . for non-structured liabilities classified as long-term debt for which the fair value option has been elected , the aggregate unpaid principal balance exceeded the aggregate fair value by $ 1542 million and $ 856 million as of december 31 , 2009 and 2008 , respectively . the change in fair value for these non-structured liabilities is reported in principal transactions in the company 2019s consolidated statement of income . related interest expense continues to be measured based on the contractual interest rates and reported as such in the consolidated income statement . accounting is complex and to achieve operational simplifications . the fair value option was not elected for loans held-for-investment , as those loans are not hedged with derivative instruments . the following table provides information about certain mortgage loans carried at fair value: .
Question: what was the percentage of the 2008 to 2009 unpaid principal balance exceeded the aggregate fair value non-structured liabilities classified as long-term debt for which the fair value option has been elected?
Answer: 0.55512
Question: by how much did the aggregate fair value in excess of unpaid principal balance for the loans accounted for with the fair value option from 2008 to 2009?
| -83.0 | 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.
|
certain mortgage loans citigroup has elected the fair value option for certain purchased and originated prime fixed-rate and conforming adjustable-rate first mortgage loans held-for-sale . these loans are intended for sale or securitization and are hedged with derivative instruments . the company has elected the fair value option to mitigate accounting mismatches in cases where hedge . <table class='wikitable'><tr><td>1</td><td>in millions of dollars</td><td>december 31 2009</td><td>december 31 2008</td></tr><tr><td>2</td><td>carrying amount reported on the consolidated balance sheet</td><td>$ 3338</td><td>$ 4273</td></tr><tr><td>3</td><td>aggregate fair value in excess of unpaid principalbalance</td><td>55</td><td>138</td></tr><tr><td>4</td><td>balance of non-accrual loans or loans more than 90 days past due</td><td>4</td><td>9</td></tr><tr><td>5</td><td>aggregate unpaid principal balance in excess of fair value for non-accrualloans or loans more than 90 days past due</td><td>3</td><td>2</td></tr></table> the changes in fair values of these mortgage loans are reported in other revenue in the company 2019s consolidated statement of income . the changes in fair value during the years ended december 31 , 2009 and 2008 due to instrument-specific credit risk resulted in a $ 10 million loss and $ 32 million loss , respectively . related interest income continues to be measured based on the contractual interest rates and reported as such in the consolidated statement of income . mortgage servicing rights the company accounts for mortgage servicing rights ( msrs ) at fair value . fair value for msrs is determined using an option-adjusted spread valuation approach . this approach consists of projecting servicing cash flows under multiple interest-rate scenarios and discounting these cash flows using risk-adjusted rates . the model assumptions used in the valuation of msrs include mortgage prepayment speeds and discount rates . the fair value of msrs is primarily affected by changes in prepayments that result from shifts in mortgage interest rates . in managing this risk , the company hedges a significant portion of the values of its msrs through the use of interest-rate derivative contracts , forward-purchase commitments of mortgage-backed securities , and purchased securities classified as trading . see note 23 to the consolidated financial statements for further discussions regarding the accounting and reporting of msrs . these msrs , which totaled $ 6.5 billion and $ 5.7 billion as of december 31 , 2009 and 2008 , respectively , are classified as mortgage servicing rights on citigroup 2019s consolidated balance sheet . changes in fair value of msrs are recorded in commissions and fees in the company 2019s consolidated statement of income . certain structured liabilities the company has elected the fair value option for certain structured liabilities whose performance is linked to structured interest rates , inflation or currency risks ( 201cstructured liabilities 201d ) . the company elected the fair value option , because these exposures are considered to be trading-related positions and , therefore , are managed on a fair value basis . these positions will continue to be classified as debt , deposits or derivatives ( trading account liabilities ) on the company 2019s consolidated balance sheet according to their legal form . for those structured liabilities classified as long-term debt for which the fair value option has been elected , the aggregate unpaid principal balance exceeded the aggregate fair value by $ 125 million and $ 671 million as of december 31 , 2009 and 2008 , respectively . the change in fair value for these structured liabilities is reported in principal transactions in the company 2019s consolidated statement of income . related interest expense is measured based on the contractual interest rates and reported as such in the consolidated income statement . certain non-structured liabilities the company has elected the fair value option for certain non-structured liabilities with fixed and floating interest rates ( 201cnon-structured liabilities 201d ) . the company has elected the fair value option where the interest-rate risk of such liabilities is economically hedged with derivative contracts or the proceeds are used to purchase financial assets that will also be accounted for at fair value through earnings . the election has been made to mitigate accounting mismatches and to achieve operational simplifications . these positions are reported in short-term borrowings and long-term debt on the company 2019s consolidated balance sheet . for those non-structured liabilities classified as short-term borrowings for which the fair value option has been elected , the aggregate unpaid principal balance exceeded the aggregate fair value of such instruments by $ 220 million as of december 31 , 2008 . for non-structured liabilities classified as long-term debt for which the fair value option has been elected , the aggregate unpaid principal balance exceeded the aggregate fair value by $ 1542 million and $ 856 million as of december 31 , 2009 and 2008 , respectively . the change in fair value for these non-structured liabilities is reported in principal transactions in the company 2019s consolidated statement of income . related interest expense continues to be measured based on the contractual interest rates and reported as such in the consolidated income statement . accounting is complex and to achieve operational simplifications . the fair value option was not elected for loans held-for-investment , as those loans are not hedged with derivative instruments . the following table provides information about certain mortgage loans carried at fair value: .
Question: what was the percentage of the 2008 to 2009 unpaid principal balance exceeded the aggregate fair value non-structured liabilities classified as long-term debt for which the fair value option has been elected?
Answer: 0.55512
Question: by how much did the aggregate fair value in excess of unpaid principal balance for the loans accounted for with the fair value option from 2008 to 2009?
Answer: -83.0
Question: so what was the percentage decline during this time?
| -0.60145 | 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.
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each clearing firm is required to deposit and maintain balances in the form of cash , u.s . government securities , certain foreign government securities , bank letters of credit or other approved investments to satisfy performance bond and guaranty fund requirements . all non-cash deposits are marked-to-market and haircut on a daily basis . securities deposited by the clearing firms are not reflected in the consolidated financial statements and the clearing house does not earn any interest on these deposits . these balances may fluctuate significantly over time due to investment choices available to clearing firms and changes in the amount of contributions required . in addition , the rules and regulations of cbot require that collateral be provided for delivery of physical commodities , maintenance of capital requirements and deposits on pending arbitration matters . to satisfy these requirements , clearing firms that have accounts that trade certain cbot products have deposited cash , u.s . treasury securities or letters of credit . the clearing house marks-to-market open positions at least once a day ( twice a day for futures and options contracts ) , and require payment from clearing firms whose positions have lost value and make payments to clearing firms whose positions have gained value . the clearing house has the capability to mark-to-market more frequently as market conditions warrant . under the extremely unlikely scenario of simultaneous default by every clearing firm who has open positions with unrealized losses , the maximum exposure related to positions other than credit default and interest rate swap contracts would be one half day of changes in fair value of all open positions , before considering the clearing houses 2019 ability to access defaulting clearing firms 2019 collateral deposits . for cleared credit default swap and interest rate swap contracts , the maximum exposure related to cme 2019s guarantee would be one full day of changes in fair value of all open positions , before considering cme 2019s ability to access defaulting clearing firms 2019 collateral . during 2017 , the clearing house transferred an average of approximately $ 2.4 billion a day through the clearing system for settlement from clearing firms whose positions had lost value to clearing firms whose positions had gained value . the clearing house reduces the guarantee exposure through initial and maintenance performance bond requirements and mandatory guaranty fund contributions . the company believes that the guarantee liability is immaterial and therefore has not recorded any liability at december 31 , 2017 . at december 31 , 2016 , performance bond and guaranty fund contribution assets on the consolidated balance sheets included cash as well as u.s . treasury and u.s . government agency securities with maturity dates of 90 days or less . the u.s . treasury and u.s . government agency securities were purchased by cme , at its discretion , using cash collateral . the benefits , including interest earned , and risks of ownership accrue to cme . interest earned is included in investment income on the consolidated statements of income . there were no u.s . treasury and u.s . government agency securities held at december 31 , 2017 . the amortized cost and fair value of these securities at december 31 , 2016 were as follows : ( in millions ) amortized . <table class='wikitable'><tr><td>1</td><td>( in millions )</td><td>2016 amortizedcost</td><td>2016 fairvalue</td></tr><tr><td>2</td><td>u.s . treasury securities</td><td>$ 5548.9</td><td>$ 5549.0</td></tr><tr><td>3</td><td>u.s . government agency securities</td><td>1228.3</td><td>1228.3</td></tr></table> cme has been designated as a systemically important financial market utility by the financial stability oversight council and maintains a cash account at the federal reserve bank of chicago . at december 31 , 2017 and december 31 , 2016 , cme maintained $ 34.2 billion and $ 6.2 billion , respectively , within the cash account at the federal reserve bank of chicago . clearing firms , at their option , may instruct cme to deposit the cash held by cme into one of the ief programs . the total principal in the ief programs was $ 1.1 billion at december 31 , 2017 and $ 6.8 billion at december 31 .
Question: what was the balance within the cash account at the federal reserve bank of chicago at the end of 2017?
| 34.2 | 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.
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each clearing firm is required to deposit and maintain balances in the form of cash , u.s . government securities , certain foreign government securities , bank letters of credit or other approved investments to satisfy performance bond and guaranty fund requirements . all non-cash deposits are marked-to-market and haircut on a daily basis . securities deposited by the clearing firms are not reflected in the consolidated financial statements and the clearing house does not earn any interest on these deposits . these balances may fluctuate significantly over time due to investment choices available to clearing firms and changes in the amount of contributions required . in addition , the rules and regulations of cbot require that collateral be provided for delivery of physical commodities , maintenance of capital requirements and deposits on pending arbitration matters . to satisfy these requirements , clearing firms that have accounts that trade certain cbot products have deposited cash , u.s . treasury securities or letters of credit . the clearing house marks-to-market open positions at least once a day ( twice a day for futures and options contracts ) , and require payment from clearing firms whose positions have lost value and make payments to clearing firms whose positions have gained value . the clearing house has the capability to mark-to-market more frequently as market conditions warrant . under the extremely unlikely scenario of simultaneous default by every clearing firm who has open positions with unrealized losses , the maximum exposure related to positions other than credit default and interest rate swap contracts would be one half day of changes in fair value of all open positions , before considering the clearing houses 2019 ability to access defaulting clearing firms 2019 collateral deposits . for cleared credit default swap and interest rate swap contracts , the maximum exposure related to cme 2019s guarantee would be one full day of changes in fair value of all open positions , before considering cme 2019s ability to access defaulting clearing firms 2019 collateral . during 2017 , the clearing house transferred an average of approximately $ 2.4 billion a day through the clearing system for settlement from clearing firms whose positions had lost value to clearing firms whose positions had gained value . the clearing house reduces the guarantee exposure through initial and maintenance performance bond requirements and mandatory guaranty fund contributions . the company believes that the guarantee liability is immaterial and therefore has not recorded any liability at december 31 , 2017 . at december 31 , 2016 , performance bond and guaranty fund contribution assets on the consolidated balance sheets included cash as well as u.s . treasury and u.s . government agency securities with maturity dates of 90 days or less . the u.s . treasury and u.s . government agency securities were purchased by cme , at its discretion , using cash collateral . the benefits , including interest earned , and risks of ownership accrue to cme . interest earned is included in investment income on the consolidated statements of income . there were no u.s . treasury and u.s . government agency securities held at december 31 , 2017 . the amortized cost and fair value of these securities at december 31 , 2016 were as follows : ( in millions ) amortized . <table class='wikitable'><tr><td>1</td><td>( in millions )</td><td>2016 amortizedcost</td><td>2016 fairvalue</td></tr><tr><td>2</td><td>u.s . treasury securities</td><td>$ 5548.9</td><td>$ 5549.0</td></tr><tr><td>3</td><td>u.s . government agency securities</td><td>1228.3</td><td>1228.3</td></tr></table> cme has been designated as a systemically important financial market utility by the financial stability oversight council and maintains a cash account at the federal reserve bank of chicago . at december 31 , 2017 and december 31 , 2016 , cme maintained $ 34.2 billion and $ 6.2 billion , respectively , within the cash account at the federal reserve bank of chicago . clearing firms , at their option , may instruct cme to deposit the cash held by cme into one of the ief programs . the total principal in the ief programs was $ 1.1 billion at december 31 , 2017 and $ 6.8 billion at december 31 .
Question: what was the balance within the cash account at the federal reserve bank of chicago at the end of 2017?
Answer: 34.2
Question: what was it at the end of 2016?
| 6.2 | 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.
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each clearing firm is required to deposit and maintain balances in the form of cash , u.s . government securities , certain foreign government securities , bank letters of credit or other approved investments to satisfy performance bond and guaranty fund requirements . all non-cash deposits are marked-to-market and haircut on a daily basis . securities deposited by the clearing firms are not reflected in the consolidated financial statements and the clearing house does not earn any interest on these deposits . these balances may fluctuate significantly over time due to investment choices available to clearing firms and changes in the amount of contributions required . in addition , the rules and regulations of cbot require that collateral be provided for delivery of physical commodities , maintenance of capital requirements and deposits on pending arbitration matters . to satisfy these requirements , clearing firms that have accounts that trade certain cbot products have deposited cash , u.s . treasury securities or letters of credit . the clearing house marks-to-market open positions at least once a day ( twice a day for futures and options contracts ) , and require payment from clearing firms whose positions have lost value and make payments to clearing firms whose positions have gained value . the clearing house has the capability to mark-to-market more frequently as market conditions warrant . under the extremely unlikely scenario of simultaneous default by every clearing firm who has open positions with unrealized losses , the maximum exposure related to positions other than credit default and interest rate swap contracts would be one half day of changes in fair value of all open positions , before considering the clearing houses 2019 ability to access defaulting clearing firms 2019 collateral deposits . for cleared credit default swap and interest rate swap contracts , the maximum exposure related to cme 2019s guarantee would be one full day of changes in fair value of all open positions , before considering cme 2019s ability to access defaulting clearing firms 2019 collateral . during 2017 , the clearing house transferred an average of approximately $ 2.4 billion a day through the clearing system for settlement from clearing firms whose positions had lost value to clearing firms whose positions had gained value . the clearing house reduces the guarantee exposure through initial and maintenance performance bond requirements and mandatory guaranty fund contributions . the company believes that the guarantee liability is immaterial and therefore has not recorded any liability at december 31 , 2017 . at december 31 , 2016 , performance bond and guaranty fund contribution assets on the consolidated balance sheets included cash as well as u.s . treasury and u.s . government agency securities with maturity dates of 90 days or less . the u.s . treasury and u.s . government agency securities were purchased by cme , at its discretion , using cash collateral . the benefits , including interest earned , and risks of ownership accrue to cme . interest earned is included in investment income on the consolidated statements of income . there were no u.s . treasury and u.s . government agency securities held at december 31 , 2017 . the amortized cost and fair value of these securities at december 31 , 2016 were as follows : ( in millions ) amortized . <table class='wikitable'><tr><td>1</td><td>( in millions )</td><td>2016 amortizedcost</td><td>2016 fairvalue</td></tr><tr><td>2</td><td>u.s . treasury securities</td><td>$ 5548.9</td><td>$ 5549.0</td></tr><tr><td>3</td><td>u.s . government agency securities</td><td>1228.3</td><td>1228.3</td></tr></table> cme has been designated as a systemically important financial market utility by the financial stability oversight council and maintains a cash account at the federal reserve bank of chicago . at december 31 , 2017 and december 31 , 2016 , cme maintained $ 34.2 billion and $ 6.2 billion , respectively , within the cash account at the federal reserve bank of chicago . clearing firms , at their option , may instruct cme to deposit the cash held by cme into one of the ief programs . the total principal in the ief programs was $ 1.1 billion at december 31 , 2017 and $ 6.8 billion at december 31 .
Question: what was the balance within the cash account at the federal reserve bank of chicago at the end of 2017?
Answer: 34.2
Question: what was it at the end of 2016?
Answer: 6.2
Question: what is the sum value?
| 40.4 | 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.
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each clearing firm is required to deposit and maintain balances in the form of cash , u.s . government securities , certain foreign government securities , bank letters of credit or other approved investments to satisfy performance bond and guaranty fund requirements . all non-cash deposits are marked-to-market and haircut on a daily basis . securities deposited by the clearing firms are not reflected in the consolidated financial statements and the clearing house does not earn any interest on these deposits . these balances may fluctuate significantly over time due to investment choices available to clearing firms and changes in the amount of contributions required . in addition , the rules and regulations of cbot require that collateral be provided for delivery of physical commodities , maintenance of capital requirements and deposits on pending arbitration matters . to satisfy these requirements , clearing firms that have accounts that trade certain cbot products have deposited cash , u.s . treasury securities or letters of credit . the clearing house marks-to-market open positions at least once a day ( twice a day for futures and options contracts ) , and require payment from clearing firms whose positions have lost value and make payments to clearing firms whose positions have gained value . the clearing house has the capability to mark-to-market more frequently as market conditions warrant . under the extremely unlikely scenario of simultaneous default by every clearing firm who has open positions with unrealized losses , the maximum exposure related to positions other than credit default and interest rate swap contracts would be one half day of changes in fair value of all open positions , before considering the clearing houses 2019 ability to access defaulting clearing firms 2019 collateral deposits . for cleared credit default swap and interest rate swap contracts , the maximum exposure related to cme 2019s guarantee would be one full day of changes in fair value of all open positions , before considering cme 2019s ability to access defaulting clearing firms 2019 collateral . during 2017 , the clearing house transferred an average of approximately $ 2.4 billion a day through the clearing system for settlement from clearing firms whose positions had lost value to clearing firms whose positions had gained value . the clearing house reduces the guarantee exposure through initial and maintenance performance bond requirements and mandatory guaranty fund contributions . the company believes that the guarantee liability is immaterial and therefore has not recorded any liability at december 31 , 2017 . at december 31 , 2016 , performance bond and guaranty fund contribution assets on the consolidated balance sheets included cash as well as u.s . treasury and u.s . government agency securities with maturity dates of 90 days or less . the u.s . treasury and u.s . government agency securities were purchased by cme , at its discretion , using cash collateral . the benefits , including interest earned , and risks of ownership accrue to cme . interest earned is included in investment income on the consolidated statements of income . there were no u.s . treasury and u.s . government agency securities held at december 31 , 2017 . the amortized cost and fair value of these securities at december 31 , 2016 were as follows : ( in millions ) amortized . <table class='wikitable'><tr><td>1</td><td>( in millions )</td><td>2016 amortizedcost</td><td>2016 fairvalue</td></tr><tr><td>2</td><td>u.s . treasury securities</td><td>$ 5548.9</td><td>$ 5549.0</td></tr><tr><td>3</td><td>u.s . government agency securities</td><td>1228.3</td><td>1228.3</td></tr></table> cme has been designated as a systemically important financial market utility by the financial stability oversight council and maintains a cash account at the federal reserve bank of chicago . at december 31 , 2017 and december 31 , 2016 , cme maintained $ 34.2 billion and $ 6.2 billion , respectively , within the cash account at the federal reserve bank of chicago . clearing firms , at their option , may instruct cme to deposit the cash held by cme into one of the ief programs . the total principal in the ief programs was $ 1.1 billion at december 31 , 2017 and $ 6.8 billion at december 31 .
Question: what was the balance within the cash account at the federal reserve bank of chicago at the end of 2017?
Answer: 34.2
Question: what was it at the end of 2016?
Answer: 6.2
Question: what is the sum value?
Answer: 40.4
Question: what is the sum divided by 2?
| 20.2 | 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.
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our refining and wholesale marketing gross margin is the difference between the prices of refined products sold and the costs of crude oil and other charge and blendstocks refined , including the costs to transport these inputs to our refineries , the costs of purchased products and manufacturing expenses , including depreciation . the crack spread is a measure of the difference between market prices for refined products and crude oil , commonly used by the industry as an indicator of the impact of price on the refining margin . crack spreads can fluctuate significantly , particularly when prices of refined products do not move in the same relationship as the cost of crude oil . as a performance benchmark and a comparison with other industry participants , we calculate midwest ( chicago ) and u.s . gulf coast crack spreads that we feel most closely track our operations and slate of products . posted light louisiana sweet ( 201clls 201d ) prices and a 6-3-2-1 ratio of products ( 6 barrels of crude oil producing 3 barrels of gasoline , 2 barrels of distillate and 1 barrel of residual fuel ) are used for the crack spread calculation . the following table lists calculated average crack spreads by quarter for the midwest ( chicago ) and gulf coast markets in 2008 . crack spreads ( dollars per barrel ) 1st qtr 2nd qtr 3rd qtr 4th qtr 2008 . <table class='wikitable'><tr><td>1</td><td>crack spreads ( dollars per barrel )</td><td>1st qtr</td><td>2nd qtr</td><td>3rd qtr</td><td>4th qtr</td><td>2008</td></tr><tr><td>2</td><td>chicago lls 6-3-2-1</td><td>$ 0.07</td><td>$ 2.71</td><td>$ 7.81</td><td>$ 2.31</td><td>$ 3.27</td></tr><tr><td>3</td><td>us gulf coast lls 6-3-2-1</td><td>$ 1.39</td><td>$ 1.99</td><td>$ 6.32</td><td>( $ 0.01 )</td><td>$ 2.45</td></tr></table> in addition to the market changes indicated by the crack spreads , our refining and wholesale marketing gross margin is impacted by factors such as the types of crude oil and other charge and blendstocks processed , the selling prices realized for refined products , the impact of commodity derivative instruments used to mitigate price risk and the cost of purchased products for resale . we process significant amounts of sour crude oil which can enhance our profitability compared to certain of our competitors , as sour crude oil typically can be purchased at a discount to sweet crude oil . finally , our refining and wholesale marketing gross margin is impacted by changes in manufacturing costs , which are primarily driven by the level of maintenance activities at the refineries and the price of purchased natural gas used for plant fuel . our 2008 refining and wholesale marketing gross margin was the key driver of the 43 percent decrease in rm&t segment income when compared to 2007 . our average refining and wholesale marketing gross margin per gallon decreased 37 percent , to 11.66 cents in 2008 from 18.48 cents in 2007 , primarily due to the significant and rapid increases in crude oil prices early in 2008 and lagging wholesale price realizations . our retail marketing gross margin for gasoline and distillates , which is the difference between the ultimate price paid by consumers and the cost of refined products , including secondary transportation and consumer excise taxes , also impacts rm&t segment profitability . while on average demand has been increasing for several years , there are numerous factors including local competition , seasonal demand fluctuations , the available wholesale supply , the level of economic activity in our marketing areas and weather conditions that impact gasoline and distillate demand throughout the year . in 2008 , demand began to drop due to the combination of significant increases in retail petroleum prices and a broad slowdown in general activity . the gross margin on merchandise sold at retail outlets has historically been more constant . the profitability of our pipeline transportation operations is primarily dependent on the volumes shipped through our crude oil and refined products pipelines . the volume of crude oil that we transport is directly affected by the supply of , and refiner demand for , crude oil in the markets served directly by our crude oil pipelines . key factors in this supply and demand balance are the production levels of crude oil by producers , the availability and cost of alternative modes of transportation , and refinery and transportation system maintenance levels . the volume of refined products that we transport is directly affected by the production levels of , and user demand for , refined products in the markets served by our refined product pipelines . in most of our markets , demand for gasoline peaks during the summer and declines during the fall and winter months , whereas distillate demand is more ratable throughout the year . as with crude oil , other transportation alternatives and system maintenance levels influence refined product movements . integrated gas our integrated gas strategy is to link stranded natural gas resources with areas where a supply gap is emerging due to declining production and growing demand . our integrated gas operations include marketing and transportation of products manufactured from natural gas , such as lng and methanol , primarily in the u.s. , europe and west africa . our most significant lng investment is our 60 percent ownership in a production facility in equatorial guinea , which sells lng under a long-term contract at prices tied to henry hub natural gas prices . in 2008 , its .
Question: what was the total combined crack spread for us gulf coast in the first and second quarters of 2008?
| 3.38 | 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.
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our refining and wholesale marketing gross margin is the difference between the prices of refined products sold and the costs of crude oil and other charge and blendstocks refined , including the costs to transport these inputs to our refineries , the costs of purchased products and manufacturing expenses , including depreciation . the crack spread is a measure of the difference between market prices for refined products and crude oil , commonly used by the industry as an indicator of the impact of price on the refining margin . crack spreads can fluctuate significantly , particularly when prices of refined products do not move in the same relationship as the cost of crude oil . as a performance benchmark and a comparison with other industry participants , we calculate midwest ( chicago ) and u.s . gulf coast crack spreads that we feel most closely track our operations and slate of products . posted light louisiana sweet ( 201clls 201d ) prices and a 6-3-2-1 ratio of products ( 6 barrels of crude oil producing 3 barrels of gasoline , 2 barrels of distillate and 1 barrel of residual fuel ) are used for the crack spread calculation . the following table lists calculated average crack spreads by quarter for the midwest ( chicago ) and gulf coast markets in 2008 . crack spreads ( dollars per barrel ) 1st qtr 2nd qtr 3rd qtr 4th qtr 2008 . <table class='wikitable'><tr><td>1</td><td>crack spreads ( dollars per barrel )</td><td>1st qtr</td><td>2nd qtr</td><td>3rd qtr</td><td>4th qtr</td><td>2008</td></tr><tr><td>2</td><td>chicago lls 6-3-2-1</td><td>$ 0.07</td><td>$ 2.71</td><td>$ 7.81</td><td>$ 2.31</td><td>$ 3.27</td></tr><tr><td>3</td><td>us gulf coast lls 6-3-2-1</td><td>$ 1.39</td><td>$ 1.99</td><td>$ 6.32</td><td>( $ 0.01 )</td><td>$ 2.45</td></tr></table> in addition to the market changes indicated by the crack spreads , our refining and wholesale marketing gross margin is impacted by factors such as the types of crude oil and other charge and blendstocks processed , the selling prices realized for refined products , the impact of commodity derivative instruments used to mitigate price risk and the cost of purchased products for resale . we process significant amounts of sour crude oil which can enhance our profitability compared to certain of our competitors , as sour crude oil typically can be purchased at a discount to sweet crude oil . finally , our refining and wholesale marketing gross margin is impacted by changes in manufacturing costs , which are primarily driven by the level of maintenance activities at the refineries and the price of purchased natural gas used for plant fuel . our 2008 refining and wholesale marketing gross margin was the key driver of the 43 percent decrease in rm&t segment income when compared to 2007 . our average refining and wholesale marketing gross margin per gallon decreased 37 percent , to 11.66 cents in 2008 from 18.48 cents in 2007 , primarily due to the significant and rapid increases in crude oil prices early in 2008 and lagging wholesale price realizations . our retail marketing gross margin for gasoline and distillates , which is the difference between the ultimate price paid by consumers and the cost of refined products , including secondary transportation and consumer excise taxes , also impacts rm&t segment profitability . while on average demand has been increasing for several years , there are numerous factors including local competition , seasonal demand fluctuations , the available wholesale supply , the level of economic activity in our marketing areas and weather conditions that impact gasoline and distillate demand throughout the year . in 2008 , demand began to drop due to the combination of significant increases in retail petroleum prices and a broad slowdown in general activity . the gross margin on merchandise sold at retail outlets has historically been more constant . the profitability of our pipeline transportation operations is primarily dependent on the volumes shipped through our crude oil and refined products pipelines . the volume of crude oil that we transport is directly affected by the supply of , and refiner demand for , crude oil in the markets served directly by our crude oil pipelines . key factors in this supply and demand balance are the production levels of crude oil by producers , the availability and cost of alternative modes of transportation , and refinery and transportation system maintenance levels . the volume of refined products that we transport is directly affected by the production levels of , and user demand for , refined products in the markets served by our refined product pipelines . in most of our markets , demand for gasoline peaks during the summer and declines during the fall and winter months , whereas distillate demand is more ratable throughout the year . as with crude oil , other transportation alternatives and system maintenance levels influence refined product movements . integrated gas our integrated gas strategy is to link stranded natural gas resources with areas where a supply gap is emerging due to declining production and growing demand . our integrated gas operations include marketing and transportation of products manufactured from natural gas , such as lng and methanol , primarily in the u.s. , europe and west africa . our most significant lng investment is our 60 percent ownership in a production facility in equatorial guinea , which sells lng under a long-term contract at prices tied to henry hub natural gas prices . in 2008 , its .
Question: what was the total combined crack spread for us gulf coast in the first and second quarters of 2008?
Answer: 3.38
Question: and what was the average crack spread for us gulf coast lls 6-3-2-1 between those quarters?
| 1.69 | 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.
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2016 , as well as significant sponsorship and other marketing 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>$ 176138</td></tr><tr><td>2</td><td>2018</td><td>166961</td></tr><tr><td>3</td><td>2019</td><td>142987</td></tr><tr><td>4</td><td>2020</td><td>124856</td></tr><tr><td>5</td><td>2021</td><td>118168</td></tr><tr><td>6</td><td>2022 and thereafter</td><td>626495</td></tr><tr><td>7</td><td>total future minimum sponsorship and other payments</td><td>$ 1355605</td></tr></table> total future minimum sponsorship and other payments $ 1355605 the amounts listed above are the minimum compensation obligations and guaranteed royalty fees required to be paid under the company 2019s sponsorship and other marketing agreements . the amounts listed above do not include additional performance incentives and product supply obligations provided under certain agreements . it is not possible to determine how much the company will spend on product supply obligations on an annual basis as contracts generally do not stipulate specific cash amounts to be spent on products . the amount of product provided to the sponsorships depends on many factors including general playing conditions , the number of sporting events in which they participate and the company 2019s decisions regarding product and marketing initiatives . in addition , the costs to design , develop , source and purchase the products furnished to the endorsers are incurred over a period of time and are not necessarily tracked separately from similar costs incurred for products sold to customers . in connection with various contracts and agreements , the company has agreed to indemnify counterparties against certain third party claims relating to the infringement of intellectual property rights and other items . generally , such indemnification obligations do not apply in situations in which the counterparties are grossly negligent , engage in willful misconduct , or act in bad faith . based on the company 2019s historical experience and the estimated probability of future loss , the company has determined that the fair value of such indemnifications is not material to its consolidated financial position or results of operations . from time to time , the company is involved in litigation and other proceedings , including matters related to commercial and intellectual property disputes , as well as trade , regulatory and other claims related to its business . other than as described below , the company believes that all current proceedings are routine in nature and incidental to the conduct of its business , and that the ultimate resolution of any such proceedings will not have a material adverse effect on its consolidated financial position , results of operations or cash flows . on february 10 , 2017 , a shareholder filed a securities case in the united states district court for the district of maryland ( the 201ccourt 201d ) against the company , the company 2019s chief executive officer and the company 2019s former chief financial officer ( brian breece v . under armour , inc. ) . on february 16 , 2017 , a second shareholder filed a securities case in the court against the same defendants ( jodie hopkins v . under armour , inc. ) . the plaintiff in each case purports to represent a class of shareholders for the period between april 21 , 2016 and january 30 , 2017 , inclusive . the complaints allege violations of section 10 ( b ) ( and rule 10b-5 ) of the securities exchange act of 1934 , as amended ( the 201cexchange act 201d ) and section 20 ( a ) control person liability under the exchange act against the officers named in the complaints . in general , the allegations in each case concern disclosures and statements made by .
Question: as of 2016, how much did the future minimum sponsorship and other payments due in the next 12 months represent in relation to the total?
| 0.12993 | 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.
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2016 , as well as significant sponsorship and other marketing 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>$ 176138</td></tr><tr><td>2</td><td>2018</td><td>166961</td></tr><tr><td>3</td><td>2019</td><td>142987</td></tr><tr><td>4</td><td>2020</td><td>124856</td></tr><tr><td>5</td><td>2021</td><td>118168</td></tr><tr><td>6</td><td>2022 and thereafter</td><td>626495</td></tr><tr><td>7</td><td>total future minimum sponsorship and other payments</td><td>$ 1355605</td></tr></table> total future minimum sponsorship and other payments $ 1355605 the amounts listed above are the minimum compensation obligations and guaranteed royalty fees required to be paid under the company 2019s sponsorship and other marketing agreements . the amounts listed above do not include additional performance incentives and product supply obligations provided under certain agreements . it is not possible to determine how much the company will spend on product supply obligations on an annual basis as contracts generally do not stipulate specific cash amounts to be spent on products . the amount of product provided to the sponsorships depends on many factors including general playing conditions , the number of sporting events in which they participate and the company 2019s decisions regarding product and marketing initiatives . in addition , the costs to design , develop , source and purchase the products furnished to the endorsers are incurred over a period of time and are not necessarily tracked separately from similar costs incurred for products sold to customers . in connection with various contracts and agreements , the company has agreed to indemnify counterparties against certain third party claims relating to the infringement of intellectual property rights and other items . generally , such indemnification obligations do not apply in situations in which the counterparties are grossly negligent , engage in willful misconduct , or act in bad faith . based on the company 2019s historical experience and the estimated probability of future loss , the company has determined that the fair value of such indemnifications is not material to its consolidated financial position or results of operations . from time to time , the company is involved in litigation and other proceedings , including matters related to commercial and intellectual property disputes , as well as trade , regulatory and other claims related to its business . other than as described below , the company believes that all current proceedings are routine in nature and incidental to the conduct of its business , and that the ultimate resolution of any such proceedings will not have a material adverse effect on its consolidated financial position , results of operations or cash flows . on february 10 , 2017 , a shareholder filed a securities case in the united states district court for the district of maryland ( the 201ccourt 201d ) against the company , the company 2019s chief executive officer and the company 2019s former chief financial officer ( brian breece v . under armour , inc. ) . on february 16 , 2017 , a second shareholder filed a securities case in the court against the same defendants ( jodie hopkins v . under armour , inc. ) . the plaintiff in each case purports to represent a class of shareholders for the period between april 21 , 2016 and january 30 , 2017 , inclusive . the complaints allege violations of section 10 ( b ) ( and rule 10b-5 ) of the securities exchange act of 1934 , as amended ( the 201cexchange act 201d ) and section 20 ( a ) control person liability under the exchange act against the officers named in the complaints . in general , the allegations in each case concern disclosures and statements made by .
Question: as of 2016, how much did the future minimum sponsorship and other payments due in the next 12 months represent in relation to the total?
Answer: 0.12993
Question: and what percentage did the future minimum sponsorship and other payments scheduled for 2019 represent?
| 0.10548 | 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.
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foodservice sales volumes increased in 2012 compared with 2011 . average sales margins were higher reflecting the realization of sales price increases for the pass-through of earlier cost increases . raw material costs for board and resins were lower . operating costs and distribution costs were both higher . the u.s . shorewood business was sold december 31 , 2011 and the non-u.s . business was sold in january looking ahead to the first quarter of 2013 , coated paperboard sales volumes are expected to increase slightly from the fourth quarter of 2012 . average sales price realizations are expected to be slightly lower , but margins should benefit from a more favorable product mix . input costs are expected to be higher for energy and wood . no planned main- tenance outages are scheduled in the first quarter . in january 2013 the company announced the perma- nent shutdown of a coated paperboard machine at the augusta mill with an annual capacity of 140000 tons . foodservice sales volumes are expected to increase . average sales margins are expected to decrease due to the realization of sales price decreases effective with our january contract open- ers . input costs for board and resin are expected to be lower and operating costs are also expected to decrease . european consumer packaging net sales in 2012 were $ 380 million compared with $ 375 million in 2011 and $ 345 million in 2010 . operating profits in 2012 were $ 99 million compared with $ 93 million in 2011 and $ 76 million in 2010 . sales volumes in 2012 increased from 2011 . average sales price realizations were higher in russian markets , but were lower in european markets . input costs decreased , primarily for wood , and planned maintenance downtime costs were lower in 2012 than in 2011 . looking forward to the first quarter of 2013 , sales volumes are expected to decrease in both europe and russia . average sales price realizations are expected to be higher in russia , but be more than offset by decreases in europe . input costs are expected to increase for wood and chemicals . no maintenance outages are scheduled for the first quarter . asian consumer packaging net sales were $ 830 million in 2012 compared with $ 855 million in 2011 and $ 705 million in 2010 . operating profits in 2012 were $ 4 million compared with $ 35 million in 2011 and $ 34 million in 2010 . sales volumes increased in 2012 compared with 2011 partially due to the start-up of a new coated paperboard machine . average sales price realizations were significantly lower , but were partially offset by lower input costs for purchased pulp . start-up costs for a new coated paperboard machine adversely impacted operating profits in 2012 . in the first quarter of 2013 , sales volumes are expected to increase slightly . average sales price realizations for folding carton board and bristols board are expected to be lower reflecting increased competitive pressures and seasonally weaker market demand . input costs should be higher for pulp and chemicals . however , costs related to the ramp-up of the new coated paperboard machine should be lower . distribution xpedx , our distribution business , is one of north america 2019s leading business-to-business distributors to manufacturers , facility managers and printers , providing customized solutions that are designed to improve efficiency , reduce costs and deliver results . customer demand is generally sensitive to changes in economic conditions and consumer behavior , along with segment specific activity including corpo- rate advertising and promotional spending , government spending and domestic manufacturing activity . distribution 2019s margins are relatively stable across an economic cycle . providing customers with the best choice for value in both products and supply chain services is a key competitive factor . addition- ally , efficient customer service , cost-effective logis- tics and focused working capital management are key factors in this segment 2019s profitability . distribution . <table class='wikitable'><tr><td>1</td><td>in millions</td><td>2012</td><td>2011</td><td>2010</td></tr><tr><td>2</td><td>sales</td><td>$ 6040</td><td>$ 6630</td><td>$ 6735</td></tr><tr><td>3</td><td>operating profit</td><td>22</td><td>34</td><td>78</td></tr></table> distr ibut ion 2019s 2012 annual sales decreased 9% ( 9 % ) from 2011 , and decreased 10% ( 10 % ) from 2010 . operating profits in 2012 were $ 22 million ( $ 71 million exclud- ing reorganization costs ) compared with $ 34 million ( $ 86 million excluding reorganization costs ) in 2011 and $ 78 million in 2010 . annual sales of printing papers and graphic arts supplies and equipment totaled $ 3.5 billion in 2012 compared with $ 4.0 billion in 2011 and $ 4.2 billion in 2010 , reflecting declining demand and the exiting of unprofitable businesses . trade margins as a percent of sales for printing papers were relatively even with both 2011 and 2010 . revenue from packaging prod- ucts was flat at $ 1.6 billion in both 2012 and 2011 and up slightly compared to $ 1.5 billion in 2010 . pack- aging margins increased in 2012 from both 2011 and 2010 , reflecting the successful execution of strategic sourcing initiatives . facility supplies annual revenue was $ 0.9 billion in 2012 , down compared to $ 1.0 bil- lion in 2011 and 2010 . operating profits in 2012 included $ 49 million of reorganization costs for severance , professional services and asset write-downs compared with $ 52 .
Question: what was the total in annual sales of printing papers and graphic arts supplies and equipment in 2011, in millions?
| 4000.0 | 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.
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foodservice sales volumes increased in 2012 compared with 2011 . average sales margins were higher reflecting the realization of sales price increases for the pass-through of earlier cost increases . raw material costs for board and resins were lower . operating costs and distribution costs were both higher . the u.s . shorewood business was sold december 31 , 2011 and the non-u.s . business was sold in january looking ahead to the first quarter of 2013 , coated paperboard sales volumes are expected to increase slightly from the fourth quarter of 2012 . average sales price realizations are expected to be slightly lower , but margins should benefit from a more favorable product mix . input costs are expected to be higher for energy and wood . no planned main- tenance outages are scheduled in the first quarter . in january 2013 the company announced the perma- nent shutdown of a coated paperboard machine at the augusta mill with an annual capacity of 140000 tons . foodservice sales volumes are expected to increase . average sales margins are expected to decrease due to the realization of sales price decreases effective with our january contract open- ers . input costs for board and resin are expected to be lower and operating costs are also expected to decrease . european consumer packaging net sales in 2012 were $ 380 million compared with $ 375 million in 2011 and $ 345 million in 2010 . operating profits in 2012 were $ 99 million compared with $ 93 million in 2011 and $ 76 million in 2010 . sales volumes in 2012 increased from 2011 . average sales price realizations were higher in russian markets , but were lower in european markets . input costs decreased , primarily for wood , and planned maintenance downtime costs were lower in 2012 than in 2011 . looking forward to the first quarter of 2013 , sales volumes are expected to decrease in both europe and russia . average sales price realizations are expected to be higher in russia , but be more than offset by decreases in europe . input costs are expected to increase for wood and chemicals . no maintenance outages are scheduled for the first quarter . asian consumer packaging net sales were $ 830 million in 2012 compared with $ 855 million in 2011 and $ 705 million in 2010 . operating profits in 2012 were $ 4 million compared with $ 35 million in 2011 and $ 34 million in 2010 . sales volumes increased in 2012 compared with 2011 partially due to the start-up of a new coated paperboard machine . average sales price realizations were significantly lower , but were partially offset by lower input costs for purchased pulp . start-up costs for a new coated paperboard machine adversely impacted operating profits in 2012 . in the first quarter of 2013 , sales volumes are expected to increase slightly . average sales price realizations for folding carton board and bristols board are expected to be lower reflecting increased competitive pressures and seasonally weaker market demand . input costs should be higher for pulp and chemicals . however , costs related to the ramp-up of the new coated paperboard machine should be lower . distribution xpedx , our distribution business , is one of north america 2019s leading business-to-business distributors to manufacturers , facility managers and printers , providing customized solutions that are designed to improve efficiency , reduce costs and deliver results . customer demand is generally sensitive to changes in economic conditions and consumer behavior , along with segment specific activity including corpo- rate advertising and promotional spending , government spending and domestic manufacturing activity . distribution 2019s margins are relatively stable across an economic cycle . providing customers with the best choice for value in both products and supply chain services is a key competitive factor . addition- ally , efficient customer service , cost-effective logis- tics and focused working capital management are key factors in this segment 2019s profitability . distribution . <table class='wikitable'><tr><td>1</td><td>in millions</td><td>2012</td><td>2011</td><td>2010</td></tr><tr><td>2</td><td>sales</td><td>$ 6040</td><td>$ 6630</td><td>$ 6735</td></tr><tr><td>3</td><td>operating profit</td><td>22</td><td>34</td><td>78</td></tr></table> distr ibut ion 2019s 2012 annual sales decreased 9% ( 9 % ) from 2011 , and decreased 10% ( 10 % ) from 2010 . operating profits in 2012 were $ 22 million ( $ 71 million exclud- ing reorganization costs ) compared with $ 34 million ( $ 86 million excluding reorganization costs ) in 2011 and $ 78 million in 2010 . annual sales of printing papers and graphic arts supplies and equipment totaled $ 3.5 billion in 2012 compared with $ 4.0 billion in 2011 and $ 4.2 billion in 2010 , reflecting declining demand and the exiting of unprofitable businesses . trade margins as a percent of sales for printing papers were relatively even with both 2011 and 2010 . revenue from packaging prod- ucts was flat at $ 1.6 billion in both 2012 and 2011 and up slightly compared to $ 1.5 billion in 2010 . pack- aging margins increased in 2012 from both 2011 and 2010 , reflecting the successful execution of strategic sourcing initiatives . facility supplies annual revenue was $ 0.9 billion in 2012 , down compared to $ 1.0 bil- lion in 2011 and 2010 . operating profits in 2012 included $ 49 million of reorganization costs for severance , professional services and asset write-downs compared with $ 52 .
Question: what was the total in annual sales of printing papers and graphic arts supplies and equipment in 2011, in millions?
Answer: 4000.0
Question: and how much does this total represent in relation to the total distribution sales in that year, in percentage?
| 0.60332 | 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.
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jpmorgan chase & co./2017 annual report 53 net interest income excluding cib 2019s markets businesses in addition to reviewing net interest income on a managed basis , management also reviews net interest income excluding net interest income arising from cib 2019s markets businesses to assess the performance of the firm 2019s lending , investing ( including asset-liability management ) and deposit-raising activities . this net interest income is referred to as non-markets related net interest income . cib 2019s markets businesses are fixed income markets and equity markets . management believes that disclosure of non-markets related net interest income provides investors and analysts with another measure by which to analyze the non-markets-related business trends of the firm and provides a comparable measure to other financial institutions that are primarily focused on lending , investing and deposit-raising activities . the data presented below are non-gaap financial measures due to the exclusion of markets related net interest income arising from cib . year ended december 31 , ( in millions , except rates ) 2017 2016 2015 net interest income 2013 managed basis ( a ) ( b ) $ 51410 $ 47292 $ 44620 less : cib markets net interest income ( c ) 4630 6334 5298 net interest income excluding cib markets ( a ) $ 46780 $ 40958 $ 39322 average interest-earning assets $ 2180592 $ 2101604 $ 2088242 less : average cib markets interest-earning assets ( c ) 540835 520307 510292 average interest-earning assets excluding cib markets $ 1639757 $ 1581297 $ 1577950 net interest yield on average interest-earning assets 2013 managed basis 2.36% ( 2.36 % ) 2.25% ( 2.25 % ) 2.14% ( 2.14 % ) net interest yield on average cib markets interest-earning assets ( c ) 0.86 1.22 1.04 net interest yield on average interest-earning assets excluding cib markets 2.85% ( 2.85 % ) 2.59% ( 2.59 % ) 2.49% ( 2.49 % ) ( a ) interest includes the effect of related hedges . taxable-equivalent amounts are used where applicable . ( b ) for a reconciliation of net interest income on a reported and managed basis , see reconciliation from the firm 2019s reported u.s . gaap results to managed basis on page 52 . ( c ) the amounts in this table differ from the prior-period presentation to align with cib 2019s markets businesses . for further information on cib 2019s markets businesses , see page 65 . calculation of certain u.s . gaap and non-gaap financial measures certain u.s . gaap and non-gaap financial measures are calculated as follows : book value per share ( 201cbvps 201d ) common stockholders 2019 equity at period-end / common shares at period-end overhead ratio total noninterest expense / total net revenue return on assets ( 201croa 201d ) reported net income / total average assets return on common equity ( 201croe 201d ) net income* / average common stockholders 2019 equity return on tangible common equity ( 201crotce 201d ) net income* / average tangible common equity tangible book value per share ( 201ctbvps 201d ) tangible common equity at period-end / common shares at period-end * represents net income applicable to common equity . <table class='wikitable'><tr><td>1</td><td>year ended december 31 ( in millions except rates )</td><td>2017</td><td>2016</td><td>2015</td></tr><tr><td>2</td><td>net interest income 2013 managed basis ( a ) ( b )</td><td>$ 51410</td><td>$ 47292</td><td>$ 44620</td></tr><tr><td>3</td><td>less : cib markets net interest income ( c )</td><td>4630</td><td>6334</td><td>5298</td></tr><tr><td>4</td><td>net interest income excluding cib markets ( a )</td><td>$ 46780</td><td>$ 40958</td><td>$ 39322</td></tr><tr><td>5</td><td>average interest-earning assets</td><td>$ 2180592</td><td>$ 2101604</td><td>$ 2088242</td></tr><tr><td>6</td><td>less : average cib markets interest-earning assets ( c )</td><td>540835</td><td>520307</td><td>510292</td></tr><tr><td>7</td><td>average interest-earning assets excluding cib markets</td><td>$ 1639757</td><td>$ 1581297</td><td>$ 1577950</td></tr><tr><td>8</td><td>net interest yield on average interest-earning assets 2013 managed basis</td><td>2.36% ( 2.36 % )</td><td>2.25% ( 2.25 % )</td><td>2.14% ( 2.14 % )</td></tr><tr><td>9</td><td>net interest yield on average cib markets interest-earning assets ( c )</td><td>0.86</td><td>1.22</td><td>1.04</td></tr><tr><td>10</td><td>net interest yield on average interest-earning assets excluding cib markets</td><td>2.85% ( 2.85 % )</td><td>2.59% ( 2.59 % )</td><td>2.49% ( 2.49 % )</td></tr></table> jpmorgan chase & co./2017 annual report 53 net interest income excluding cib 2019s markets businesses in addition to reviewing net interest income on a managed basis , management also reviews net interest income excluding net interest income arising from cib 2019s markets businesses to assess the performance of the firm 2019s lending , investing ( including asset-liability management ) and deposit-raising activities . this net interest income is referred to as non-markets related net interest income . cib 2019s markets businesses are fixed income markets and equity markets . management believes that disclosure of non-markets related net interest income provides investors and analysts with another measure by which to analyze the non-markets-related business trends of the firm and provides a comparable measure to other financial institutions that are primarily focused on lending , investing and deposit-raising activities . the data presented below are non-gaap financial measures due to the exclusion of markets related net interest income arising from cib . year ended december 31 , ( in millions , except rates ) 2017 2016 2015 net interest income 2013 managed basis ( a ) ( b ) $ 51410 $ 47292 $ 44620 less : cib markets net interest income ( c ) 4630 6334 5298 net interest income excluding cib markets ( a ) $ 46780 $ 40958 $ 39322 average interest-earning assets $ 2180592 $ 2101604 $ 2088242 less : average cib markets interest-earning assets ( c ) 540835 520307 510292 average interest-earning assets excluding cib markets $ 1639757 $ 1581297 $ 1577950 net interest yield on average interest-earning assets 2013 managed basis 2.36% ( 2.36 % ) 2.25% ( 2.25 % ) 2.14% ( 2.14 % ) net interest yield on average cib markets interest-earning assets ( c ) 0.86 1.22 1.04 net interest yield on average interest-earning assets excluding cib markets 2.85% ( 2.85 % ) 2.59% ( 2.59 % ) 2.49% ( 2.49 % ) ( a ) interest includes the effect of related hedges . taxable-equivalent amounts are used where applicable . ( b ) for a reconciliation of net interest income on a reported and managed basis , see reconciliation from the firm 2019s reported u.s . gaap results to managed basis on page 52 . ( c ) the amounts in this table differ from the prior-period presentation to align with cib 2019s markets businesses . for further information on cib 2019s markets businesses , see page 65 . calculation of certain u.s . gaap and non-gaap financial measures certain u.s . gaap and non-gaap financial measures are calculated as follows : book value per share ( 201cbvps 201d ) common stockholders 2019 equity at period-end / common shares at period-end overhead ratio total noninterest expense / total net revenue return on assets ( 201croa 201d ) reported net income / total average assets return on common equity ( 201croe 201d ) net income* / average common stockholders 2019 equity return on tangible common equity ( 201crotce 201d ) net income* / average tangible common equity tangible book value per share ( 201ctbvps 201d ) tangible common equity at period-end / common shares at period-end * represents net income applicable to common equity .
Question: what was the net change in average interest-earning assets excluding cib markets in 2017?
| 58460.0 | 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.
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jpmorgan chase & co./2017 annual report 53 net interest income excluding cib 2019s markets businesses in addition to reviewing net interest income on a managed basis , management also reviews net interest income excluding net interest income arising from cib 2019s markets businesses to assess the performance of the firm 2019s lending , investing ( including asset-liability management ) and deposit-raising activities . this net interest income is referred to as non-markets related net interest income . cib 2019s markets businesses are fixed income markets and equity markets . management believes that disclosure of non-markets related net interest income provides investors and analysts with another measure by which to analyze the non-markets-related business trends of the firm and provides a comparable measure to other financial institutions that are primarily focused on lending , investing and deposit-raising activities . the data presented below are non-gaap financial measures due to the exclusion of markets related net interest income arising from cib . year ended december 31 , ( in millions , except rates ) 2017 2016 2015 net interest income 2013 managed basis ( a ) ( b ) $ 51410 $ 47292 $ 44620 less : cib markets net interest income ( c ) 4630 6334 5298 net interest income excluding cib markets ( a ) $ 46780 $ 40958 $ 39322 average interest-earning assets $ 2180592 $ 2101604 $ 2088242 less : average cib markets interest-earning assets ( c ) 540835 520307 510292 average interest-earning assets excluding cib markets $ 1639757 $ 1581297 $ 1577950 net interest yield on average interest-earning assets 2013 managed basis 2.36% ( 2.36 % ) 2.25% ( 2.25 % ) 2.14% ( 2.14 % ) net interest yield on average cib markets interest-earning assets ( c ) 0.86 1.22 1.04 net interest yield on average interest-earning assets excluding cib markets 2.85% ( 2.85 % ) 2.59% ( 2.59 % ) 2.49% ( 2.49 % ) ( a ) interest includes the effect of related hedges . taxable-equivalent amounts are used where applicable . ( b ) for a reconciliation of net interest income on a reported and managed basis , see reconciliation from the firm 2019s reported u.s . gaap results to managed basis on page 52 . ( c ) the amounts in this table differ from the prior-period presentation to align with cib 2019s markets businesses . for further information on cib 2019s markets businesses , see page 65 . calculation of certain u.s . gaap and non-gaap financial measures certain u.s . gaap and non-gaap financial measures are calculated as follows : book value per share ( 201cbvps 201d ) common stockholders 2019 equity at period-end / common shares at period-end overhead ratio total noninterest expense / total net revenue return on assets ( 201croa 201d ) reported net income / total average assets return on common equity ( 201croe 201d ) net income* / average common stockholders 2019 equity return on tangible common equity ( 201crotce 201d ) net income* / average tangible common equity tangible book value per share ( 201ctbvps 201d ) tangible common equity at period-end / common shares at period-end * represents net income applicable to common equity . <table class='wikitable'><tr><td>1</td><td>year ended december 31 ( in millions except rates )</td><td>2017</td><td>2016</td><td>2015</td></tr><tr><td>2</td><td>net interest income 2013 managed basis ( a ) ( b )</td><td>$ 51410</td><td>$ 47292</td><td>$ 44620</td></tr><tr><td>3</td><td>less : cib markets net interest income ( c )</td><td>4630</td><td>6334</td><td>5298</td></tr><tr><td>4</td><td>net interest income excluding cib markets ( a )</td><td>$ 46780</td><td>$ 40958</td><td>$ 39322</td></tr><tr><td>5</td><td>average interest-earning assets</td><td>$ 2180592</td><td>$ 2101604</td><td>$ 2088242</td></tr><tr><td>6</td><td>less : average cib markets interest-earning assets ( c )</td><td>540835</td><td>520307</td><td>510292</td></tr><tr><td>7</td><td>average interest-earning assets excluding cib markets</td><td>$ 1639757</td><td>$ 1581297</td><td>$ 1577950</td></tr><tr><td>8</td><td>net interest yield on average interest-earning assets 2013 managed basis</td><td>2.36% ( 2.36 % )</td><td>2.25% ( 2.25 % )</td><td>2.14% ( 2.14 % )</td></tr><tr><td>9</td><td>net interest yield on average cib markets interest-earning assets ( c )</td><td>0.86</td><td>1.22</td><td>1.04</td></tr><tr><td>10</td><td>net interest yield on average interest-earning assets excluding cib markets</td><td>2.85% ( 2.85 % )</td><td>2.59% ( 2.59 % )</td><td>2.49% ( 2.49 % )</td></tr></table> jpmorgan chase & co./2017 annual report 53 net interest income excluding cib 2019s markets businesses in addition to reviewing net interest income on a managed basis , management also reviews net interest income excluding net interest income arising from cib 2019s markets businesses to assess the performance of the firm 2019s lending , investing ( including asset-liability management ) and deposit-raising activities . this net interest income is referred to as non-markets related net interest income . cib 2019s markets businesses are fixed income markets and equity markets . management believes that disclosure of non-markets related net interest income provides investors and analysts with another measure by which to analyze the non-markets-related business trends of the firm and provides a comparable measure to other financial institutions that are primarily focused on lending , investing and deposit-raising activities . the data presented below are non-gaap financial measures due to the exclusion of markets related net interest income arising from cib . year ended december 31 , ( in millions , except rates ) 2017 2016 2015 net interest income 2013 managed basis ( a ) ( b ) $ 51410 $ 47292 $ 44620 less : cib markets net interest income ( c ) 4630 6334 5298 net interest income excluding cib markets ( a ) $ 46780 $ 40958 $ 39322 average interest-earning assets $ 2180592 $ 2101604 $ 2088242 less : average cib markets interest-earning assets ( c ) 540835 520307 510292 average interest-earning assets excluding cib markets $ 1639757 $ 1581297 $ 1577950 net interest yield on average interest-earning assets 2013 managed basis 2.36% ( 2.36 % ) 2.25% ( 2.25 % ) 2.14% ( 2.14 % ) net interest yield on average cib markets interest-earning assets ( c ) 0.86 1.22 1.04 net interest yield on average interest-earning assets excluding cib markets 2.85% ( 2.85 % ) 2.59% ( 2.59 % ) 2.49% ( 2.49 % ) ( a ) interest includes the effect of related hedges . taxable-equivalent amounts are used where applicable . ( b ) for a reconciliation of net interest income on a reported and managed basis , see reconciliation from the firm 2019s reported u.s . gaap results to managed basis on page 52 . ( c ) the amounts in this table differ from the prior-period presentation to align with cib 2019s markets businesses . for further information on cib 2019s markets businesses , see page 65 . calculation of certain u.s . gaap and non-gaap financial measures certain u.s . gaap and non-gaap financial measures are calculated as follows : book value per share ( 201cbvps 201d ) common stockholders 2019 equity at period-end / common shares at period-end overhead ratio total noninterest expense / total net revenue return on assets ( 201croa 201d ) reported net income / total average assets return on common equity ( 201croe 201d ) net income* / average common stockholders 2019 equity return on tangible common equity ( 201crotce 201d ) net income* / average tangible common equity tangible book value per share ( 201ctbvps 201d ) tangible common equity at period-end / common shares at period-end * represents net income applicable to common equity .
Question: what was the net change in average interest-earning assets excluding cib markets in 2017?
Answer: 58460.0
Question: what was the 2016 value?
| 1581297.0 | 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.
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jpmorgan chase & co./2017 annual report 53 net interest income excluding cib 2019s markets businesses in addition to reviewing net interest income on a managed basis , management also reviews net interest income excluding net interest income arising from cib 2019s markets businesses to assess the performance of the firm 2019s lending , investing ( including asset-liability management ) and deposit-raising activities . this net interest income is referred to as non-markets related net interest income . cib 2019s markets businesses are fixed income markets and equity markets . management believes that disclosure of non-markets related net interest income provides investors and analysts with another measure by which to analyze the non-markets-related business trends of the firm and provides a comparable measure to other financial institutions that are primarily focused on lending , investing and deposit-raising activities . the data presented below are non-gaap financial measures due to the exclusion of markets related net interest income arising from cib . year ended december 31 , ( in millions , except rates ) 2017 2016 2015 net interest income 2013 managed basis ( a ) ( b ) $ 51410 $ 47292 $ 44620 less : cib markets net interest income ( c ) 4630 6334 5298 net interest income excluding cib markets ( a ) $ 46780 $ 40958 $ 39322 average interest-earning assets $ 2180592 $ 2101604 $ 2088242 less : average cib markets interest-earning assets ( c ) 540835 520307 510292 average interest-earning assets excluding cib markets $ 1639757 $ 1581297 $ 1577950 net interest yield on average interest-earning assets 2013 managed basis 2.36% ( 2.36 % ) 2.25% ( 2.25 % ) 2.14% ( 2.14 % ) net interest yield on average cib markets interest-earning assets ( c ) 0.86 1.22 1.04 net interest yield on average interest-earning assets excluding cib markets 2.85% ( 2.85 % ) 2.59% ( 2.59 % ) 2.49% ( 2.49 % ) ( a ) interest includes the effect of related hedges . taxable-equivalent amounts are used where applicable . ( b ) for a reconciliation of net interest income on a reported and managed basis , see reconciliation from the firm 2019s reported u.s . gaap results to managed basis on page 52 . ( c ) the amounts in this table differ from the prior-period presentation to align with cib 2019s markets businesses . for further information on cib 2019s markets businesses , see page 65 . calculation of certain u.s . gaap and non-gaap financial measures certain u.s . gaap and non-gaap financial measures are calculated as follows : book value per share ( 201cbvps 201d ) common stockholders 2019 equity at period-end / common shares at period-end overhead ratio total noninterest expense / total net revenue return on assets ( 201croa 201d ) reported net income / total average assets return on common equity ( 201croe 201d ) net income* / average common stockholders 2019 equity return on tangible common equity ( 201crotce 201d ) net income* / average tangible common equity tangible book value per share ( 201ctbvps 201d ) tangible common equity at period-end / common shares at period-end * represents net income applicable to common equity . <table class='wikitable'><tr><td>1</td><td>year ended december 31 ( in millions except rates )</td><td>2017</td><td>2016</td><td>2015</td></tr><tr><td>2</td><td>net interest income 2013 managed basis ( a ) ( b )</td><td>$ 51410</td><td>$ 47292</td><td>$ 44620</td></tr><tr><td>3</td><td>less : cib markets net interest income ( c )</td><td>4630</td><td>6334</td><td>5298</td></tr><tr><td>4</td><td>net interest income excluding cib markets ( a )</td><td>$ 46780</td><td>$ 40958</td><td>$ 39322</td></tr><tr><td>5</td><td>average interest-earning assets</td><td>$ 2180592</td><td>$ 2101604</td><td>$ 2088242</td></tr><tr><td>6</td><td>less : average cib markets interest-earning assets ( c )</td><td>540835</td><td>520307</td><td>510292</td></tr><tr><td>7</td><td>average interest-earning assets excluding cib markets</td><td>$ 1639757</td><td>$ 1581297</td><td>$ 1577950</td></tr><tr><td>8</td><td>net interest yield on average interest-earning assets 2013 managed basis</td><td>2.36% ( 2.36 % )</td><td>2.25% ( 2.25 % )</td><td>2.14% ( 2.14 % )</td></tr><tr><td>9</td><td>net interest yield on average cib markets interest-earning assets ( c )</td><td>0.86</td><td>1.22</td><td>1.04</td></tr><tr><td>10</td><td>net interest yield on average interest-earning assets excluding cib markets</td><td>2.85% ( 2.85 % )</td><td>2.59% ( 2.59 % )</td><td>2.49% ( 2.49 % )</td></tr></table> jpmorgan chase & co./2017 annual report 53 net interest income excluding cib 2019s markets businesses in addition to reviewing net interest income on a managed basis , management also reviews net interest income excluding net interest income arising from cib 2019s markets businesses to assess the performance of the firm 2019s lending , investing ( including asset-liability management ) and deposit-raising activities . this net interest income is referred to as non-markets related net interest income . cib 2019s markets businesses are fixed income markets and equity markets . management believes that disclosure of non-markets related net interest income provides investors and analysts with another measure by which to analyze the non-markets-related business trends of the firm and provides a comparable measure to other financial institutions that are primarily focused on lending , investing and deposit-raising activities . the data presented below are non-gaap financial measures due to the exclusion of markets related net interest income arising from cib . year ended december 31 , ( in millions , except rates ) 2017 2016 2015 net interest income 2013 managed basis ( a ) ( b ) $ 51410 $ 47292 $ 44620 less : cib markets net interest income ( c ) 4630 6334 5298 net interest income excluding cib markets ( a ) $ 46780 $ 40958 $ 39322 average interest-earning assets $ 2180592 $ 2101604 $ 2088242 less : average cib markets interest-earning assets ( c ) 540835 520307 510292 average interest-earning assets excluding cib markets $ 1639757 $ 1581297 $ 1577950 net interest yield on average interest-earning assets 2013 managed basis 2.36% ( 2.36 % ) 2.25% ( 2.25 % ) 2.14% ( 2.14 % ) net interest yield on average cib markets interest-earning assets ( c ) 0.86 1.22 1.04 net interest yield on average interest-earning assets excluding cib markets 2.85% ( 2.85 % ) 2.59% ( 2.59 % ) 2.49% ( 2.49 % ) ( a ) interest includes the effect of related hedges . taxable-equivalent amounts are used where applicable . ( b ) for a reconciliation of net interest income on a reported and managed basis , see reconciliation from the firm 2019s reported u.s . gaap results to managed basis on page 52 . ( c ) the amounts in this table differ from the prior-period presentation to align with cib 2019s markets businesses . for further information on cib 2019s markets businesses , see page 65 . calculation of certain u.s . gaap and non-gaap financial measures certain u.s . gaap and non-gaap financial measures are calculated as follows : book value per share ( 201cbvps 201d ) common stockholders 2019 equity at period-end / common shares at period-end overhead ratio total noninterest expense / total net revenue return on assets ( 201croa 201d ) reported net income / total average assets return on common equity ( 201croe 201d ) net income* / average common stockholders 2019 equity return on tangible common equity ( 201crotce 201d ) net income* / average tangible common equity tangible book value per share ( 201ctbvps 201d ) tangible common equity at period-end / common shares at period-end * represents net income applicable to common equity .
Question: what was the net change in average interest-earning assets excluding cib markets in 2017?
Answer: 58460.0
Question: what was the 2016 value?
Answer: 1581297.0
Question: what is the percent change?
| 0.03697 | 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.
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interest rate derivatives . in connection with the issuance of floating rate debt in august and october 2008 , the company entered into three interest rate swap contracts , designated as cash flow hedges , for purposes of hedging against a change in interest payments due to fluctuations in the underlying benchmark rate . in december 2010 , the company approved a plan to refinance the term loan in january 2011 resulting in an $ 8.6 million loss on derivative instruments as a result of ineffectiveness on the associated interest rate swap contract . to mitigate counterparty credit risk , the interest rate swap contracts required collateralization by both counterparties for the swaps 2019 aggregate net fair value during their respective terms . collateral was maintained in the form of cash and adjusted on a daily basis . in february 2010 , the company entered into a forward starting interest rate swap contract , designated as a cash flow hedge , for purposes of hedging against a change in interest payments due to fluctuations in the underlying benchmark rate between the date of the swap and the forecasted issuance of fixed rate debt in march 2010 . the swap was highly effective . foreign currency derivatives . in connection with its purchase of bm&fbovespa stock in february 2008 , cme group purchased a put option to hedge against changes in the fair value of bm&fbovespa stock resulting from foreign currency rate fluctuations between the u.s . dollar and the brazilian real ( brl ) beyond the option 2019s exercise price . lehman brothers special financing inc . ( lbsf ) was the sole counterparty to this option contract . on september 15 , 2008 , lehman brothers holdings inc . ( lehman ) filed for protection under chapter 11 of the united states bankruptcy code . the bankruptcy filing of lehman was an event of default that gave the company the right to immediately terminate the put option agreement with lbsf . in march 2010 , the company recognized a $ 6.0 million gain on derivative instruments as a result of a settlement from the lehman bankruptcy proceedings . 21 . capital stock shares outstanding . the following table presents information regarding capital stock: . <table class='wikitable'><tr><td>1</td><td>( in thousands )</td><td>december 31 , 2010</td><td>december 31 , 2009</td></tr><tr><td>2</td><td>shares authorized</td><td>1000000</td><td>1000000</td></tr><tr><td>3</td><td>class a common stock</td><td>66847</td><td>66511</td></tr><tr><td>4</td><td>class b-1 common stock</td><td>0.6</td><td>0.6</td></tr><tr><td>5</td><td>class b-2 common stock</td><td>0.8</td><td>0.8</td></tr><tr><td>6</td><td>class b-3 common stock</td><td>1.3</td><td>1.3</td></tr><tr><td>7</td><td>class b-4 common stock</td><td>0.4</td><td>0.4</td></tr></table> cme group has no shares of preferred stock issued and outstanding . associated trading rights . members of cme , cbot , nymex and comex own or lease trading rights which entitle them to access the trading floors , discounts on trading fees and the right to vote on certain exchange matters as provided for by the rules of the particular exchange and cme group 2019s or the subsidiaries 2019 organizational documents . each class of cme group class b common stock is associated with a membership in a specific division for trading at cme . a cme trading right is a separate asset that is not part of or evidenced by the associated share of class b common stock of cme group . the class b common stock of cme group is intended only to ensure that the class b shareholders of cme group retain rights with respect to representation on the board of directors and approval rights with respect to the core rights described below . trading rights at cbot are evidenced by class b memberships in cbot , at nymex by class a memberships in nymex and at comex by comex division memberships in comex . members of the cbot , nymex and comex exchanges do not have any rights to elect members of the board of directors and are not entitled to receive dividends or other distributions on their memberships . the company is , however , required to have at least 10 cbot directors ( as defined by its bylaws ) until its 2012 annual meeting. .
Question: what was the price of class a common stock as of 12/31/10?
| 66847.0 | 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.
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interest rate derivatives . in connection with the issuance of floating rate debt in august and october 2008 , the company entered into three interest rate swap contracts , designated as cash flow hedges , for purposes of hedging against a change in interest payments due to fluctuations in the underlying benchmark rate . in december 2010 , the company approved a plan to refinance the term loan in january 2011 resulting in an $ 8.6 million loss on derivative instruments as a result of ineffectiveness on the associated interest rate swap contract . to mitigate counterparty credit risk , the interest rate swap contracts required collateralization by both counterparties for the swaps 2019 aggregate net fair value during their respective terms . collateral was maintained in the form of cash and adjusted on a daily basis . in february 2010 , the company entered into a forward starting interest rate swap contract , designated as a cash flow hedge , for purposes of hedging against a change in interest payments due to fluctuations in the underlying benchmark rate between the date of the swap and the forecasted issuance of fixed rate debt in march 2010 . the swap was highly effective . foreign currency derivatives . in connection with its purchase of bm&fbovespa stock in february 2008 , cme group purchased a put option to hedge against changes in the fair value of bm&fbovespa stock resulting from foreign currency rate fluctuations between the u.s . dollar and the brazilian real ( brl ) beyond the option 2019s exercise price . lehman brothers special financing inc . ( lbsf ) was the sole counterparty to this option contract . on september 15 , 2008 , lehman brothers holdings inc . ( lehman ) filed for protection under chapter 11 of the united states bankruptcy code . the bankruptcy filing of lehman was an event of default that gave the company the right to immediately terminate the put option agreement with lbsf . in march 2010 , the company recognized a $ 6.0 million gain on derivative instruments as a result of a settlement from the lehman bankruptcy proceedings . 21 . capital stock shares outstanding . the following table presents information regarding capital stock: . <table class='wikitable'><tr><td>1</td><td>( in thousands )</td><td>december 31 , 2010</td><td>december 31 , 2009</td></tr><tr><td>2</td><td>shares authorized</td><td>1000000</td><td>1000000</td></tr><tr><td>3</td><td>class a common stock</td><td>66847</td><td>66511</td></tr><tr><td>4</td><td>class b-1 common stock</td><td>0.6</td><td>0.6</td></tr><tr><td>5</td><td>class b-2 common stock</td><td>0.8</td><td>0.8</td></tr><tr><td>6</td><td>class b-3 common stock</td><td>1.3</td><td>1.3</td></tr><tr><td>7</td><td>class b-4 common stock</td><td>0.4</td><td>0.4</td></tr></table> cme group has no shares of preferred stock issued and outstanding . associated trading rights . members of cme , cbot , nymex and comex own or lease trading rights which entitle them to access the trading floors , discounts on trading fees and the right to vote on certain exchange matters as provided for by the rules of the particular exchange and cme group 2019s or the subsidiaries 2019 organizational documents . each class of cme group class b common stock is associated with a membership in a specific division for trading at cme . a cme trading right is a separate asset that is not part of or evidenced by the associated share of class b common stock of cme group . the class b common stock of cme group is intended only to ensure that the class b shareholders of cme group retain rights with respect to representation on the board of directors and approval rights with respect to the core rights described below . trading rights at cbot are evidenced by class b memberships in cbot , at nymex by class a memberships in nymex and at comex by comex division memberships in comex . members of the cbot , nymex and comex exchanges do not have any rights to elect members of the board of directors and are not entitled to receive dividends or other distributions on their memberships . the company is , however , required to have at least 10 cbot directors ( as defined by its bylaws ) until its 2012 annual meeting. .
Question: what was the price of class a common stock as of 12/31/10?
Answer: 66847.0
Question: and in 2009?
| 66511.0 | 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.
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interest rate derivatives . in connection with the issuance of floating rate debt in august and october 2008 , the company entered into three interest rate swap contracts , designated as cash flow hedges , for purposes of hedging against a change in interest payments due to fluctuations in the underlying benchmark rate . in december 2010 , the company approved a plan to refinance the term loan in january 2011 resulting in an $ 8.6 million loss on derivative instruments as a result of ineffectiveness on the associated interest rate swap contract . to mitigate counterparty credit risk , the interest rate swap contracts required collateralization by both counterparties for the swaps 2019 aggregate net fair value during their respective terms . collateral was maintained in the form of cash and adjusted on a daily basis . in february 2010 , the company entered into a forward starting interest rate swap contract , designated as a cash flow hedge , for purposes of hedging against a change in interest payments due to fluctuations in the underlying benchmark rate between the date of the swap and the forecasted issuance of fixed rate debt in march 2010 . the swap was highly effective . foreign currency derivatives . in connection with its purchase of bm&fbovespa stock in february 2008 , cme group purchased a put option to hedge against changes in the fair value of bm&fbovespa stock resulting from foreign currency rate fluctuations between the u.s . dollar and the brazilian real ( brl ) beyond the option 2019s exercise price . lehman brothers special financing inc . ( lbsf ) was the sole counterparty to this option contract . on september 15 , 2008 , lehman brothers holdings inc . ( lehman ) filed for protection under chapter 11 of the united states bankruptcy code . the bankruptcy filing of lehman was an event of default that gave the company the right to immediately terminate the put option agreement with lbsf . in march 2010 , the company recognized a $ 6.0 million gain on derivative instruments as a result of a settlement from the lehman bankruptcy proceedings . 21 . capital stock shares outstanding . the following table presents information regarding capital stock: . <table class='wikitable'><tr><td>1</td><td>( in thousands )</td><td>december 31 , 2010</td><td>december 31 , 2009</td></tr><tr><td>2</td><td>shares authorized</td><td>1000000</td><td>1000000</td></tr><tr><td>3</td><td>class a common stock</td><td>66847</td><td>66511</td></tr><tr><td>4</td><td>class b-1 common stock</td><td>0.6</td><td>0.6</td></tr><tr><td>5</td><td>class b-2 common stock</td><td>0.8</td><td>0.8</td></tr><tr><td>6</td><td>class b-3 common stock</td><td>1.3</td><td>1.3</td></tr><tr><td>7</td><td>class b-4 common stock</td><td>0.4</td><td>0.4</td></tr></table> cme group has no shares of preferred stock issued and outstanding . associated trading rights . members of cme , cbot , nymex and comex own or lease trading rights which entitle them to access the trading floors , discounts on trading fees and the right to vote on certain exchange matters as provided for by the rules of the particular exchange and cme group 2019s or the subsidiaries 2019 organizational documents . each class of cme group class b common stock is associated with a membership in a specific division for trading at cme . a cme trading right is a separate asset that is not part of or evidenced by the associated share of class b common stock of cme group . the class b common stock of cme group is intended only to ensure that the class b shareholders of cme group retain rights with respect to representation on the board of directors and approval rights with respect to the core rights described below . trading rights at cbot are evidenced by class b memberships in cbot , at nymex by class a memberships in nymex and at comex by comex division memberships in comex . members of the cbot , nymex and comex exchanges do not have any rights to elect members of the board of directors and are not entitled to receive dividends or other distributions on their memberships . the company is , however , required to have at least 10 cbot directors ( as defined by its bylaws ) until its 2012 annual meeting. .
Question: what was the price of class a common stock as of 12/31/10?
Answer: 66847.0
Question: and in 2009?
Answer: 66511.0
Question: so what was the proportion of the price in 2010 to the previous price?
| 1.00505 | 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.
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interest rate derivatives . in connection with the issuance of floating rate debt in august and october 2008 , the company entered into three interest rate swap contracts , designated as cash flow hedges , for purposes of hedging against a change in interest payments due to fluctuations in the underlying benchmark rate . in december 2010 , the company approved a plan to refinance the term loan in january 2011 resulting in an $ 8.6 million loss on derivative instruments as a result of ineffectiveness on the associated interest rate swap contract . to mitigate counterparty credit risk , the interest rate swap contracts required collateralization by both counterparties for the swaps 2019 aggregate net fair value during their respective terms . collateral was maintained in the form of cash and adjusted on a daily basis . in february 2010 , the company entered into a forward starting interest rate swap contract , designated as a cash flow hedge , for purposes of hedging against a change in interest payments due to fluctuations in the underlying benchmark rate between the date of the swap and the forecasted issuance of fixed rate debt in march 2010 . the swap was highly effective . foreign currency derivatives . in connection with its purchase of bm&fbovespa stock in february 2008 , cme group purchased a put option to hedge against changes in the fair value of bm&fbovespa stock resulting from foreign currency rate fluctuations between the u.s . dollar and the brazilian real ( brl ) beyond the option 2019s exercise price . lehman brothers special financing inc . ( lbsf ) was the sole counterparty to this option contract . on september 15 , 2008 , lehman brothers holdings inc . ( lehman ) filed for protection under chapter 11 of the united states bankruptcy code . the bankruptcy filing of lehman was an event of default that gave the company the right to immediately terminate the put option agreement with lbsf . in march 2010 , the company recognized a $ 6.0 million gain on derivative instruments as a result of a settlement from the lehman bankruptcy proceedings . 21 . capital stock shares outstanding . the following table presents information regarding capital stock: . <table class='wikitable'><tr><td>1</td><td>( in thousands )</td><td>december 31 , 2010</td><td>december 31 , 2009</td></tr><tr><td>2</td><td>shares authorized</td><td>1000000</td><td>1000000</td></tr><tr><td>3</td><td>class a common stock</td><td>66847</td><td>66511</td></tr><tr><td>4</td><td>class b-1 common stock</td><td>0.6</td><td>0.6</td></tr><tr><td>5</td><td>class b-2 common stock</td><td>0.8</td><td>0.8</td></tr><tr><td>6</td><td>class b-3 common stock</td><td>1.3</td><td>1.3</td></tr><tr><td>7</td><td>class b-4 common stock</td><td>0.4</td><td>0.4</td></tr></table> cme group has no shares of preferred stock issued and outstanding . associated trading rights . members of cme , cbot , nymex and comex own or lease trading rights which entitle them to access the trading floors , discounts on trading fees and the right to vote on certain exchange matters as provided for by the rules of the particular exchange and cme group 2019s or the subsidiaries 2019 organizational documents . each class of cme group class b common stock is associated with a membership in a specific division for trading at cme . a cme trading right is a separate asset that is not part of or evidenced by the associated share of class b common stock of cme group . the class b common stock of cme group is intended only to ensure that the class b shareholders of cme group retain rights with respect to representation on the board of directors and approval rights with respect to the core rights described below . trading rights at cbot are evidenced by class b memberships in cbot , at nymex by class a memberships in nymex and at comex by comex division memberships in comex . members of the cbot , nymex and comex exchanges do not have any rights to elect members of the board of directors and are not entitled to receive dividends or other distributions on their memberships . the company is , however , required to have at least 10 cbot directors ( as defined by its bylaws ) until its 2012 annual meeting. .
Question: what was the price of class a common stock as of 12/31/10?
Answer: 66847.0
Question: and in 2009?
Answer: 66511.0
Question: so what was the proportion of the price in 2010 to the previous price?
Answer: 1.00505
Question: so what was the estimated percentage increase in class a common stock during these years?
| 0.00505 | 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.
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competitive supply aes 2019s competitive supply line of business consists of generating facilities that sell electricity directly to wholesale customers in competitive markets . additionally , as compared to the contract generation segment discussed above , these generating facilities generally sell less than 75% ( 75 % ) of their output pursuant to long-term contracts with pre-determined pricing provisions and/or sell into power pools , under shorter-term contracts or into daily spot markets . the prices paid for electricity under short-term contracts and in the spot markets are unpredictable and can be , and from time to time have been , volatile . the results of operations of aes 2019s competitive supply business are also more sensitive to the impact of market fluctuations in the price of electricity , natural gas , coal and other raw materials . in the united kingdom , txu europe entered administration in november 2002 and is no longer performing under its contracts with drax and barry . as described in the footnotes and in other sections of the discussion and analysis of financial condition and results of operations , txu europe 2019s failure to perform under its contracts has had a material adverse effect on the results of operations of these businesses . two aes competitive supply businesses , aes wolf hollow , l.p . and granite ridge have fuel supply agreements with el paso merchant energy l.p . an affiliate of el paso corp. , which has encountered financial difficulties . the company does not believe the financial difficulties of el paso corp . will have a material adverse effect on el paso merchant energy l.p . 2019s performance under the supply agreement ; however , there can be no assurance that a further deterioration in el paso corp 2019s financial condition will not have a material adverse effect on the ability of el paso merchant energy l.p . to perform its obligations . while el paso corp 2019s financial condition may not have a material adverse effect on el paso merchant energy , l.p . at this time , it could lead to a default under the aes wolf hollow , l.p . 2019s fuel supply agreement , in which case aes wolf hollow , l.p . 2019s lenders may seek to declare a default under its credit agreements . aes wolf hollow , l.p . is working in concert with its lenders to explore options to avoid such a default . the revenues from our facilities that distribute electricity to end-use customers are generally subject to regulation . these businesses are generally required to obtain third party approval or confirmation of rate increases before they can be passed on to the customers through tariffs . these businesses comprise the large utilities and growth distribution segments of the company . revenues from contract generation and competitive supply are not regulated . the distribution of revenues between the segments for the years ended december 31 , 2002 , 2001 and 2000 is as follows: . <table class='wikitable'><tr><td>1</td><td>-</td><td>2002</td><td>2001</td><td>2000</td></tr><tr><td>2</td><td>large utilities</td><td>36% ( 36 % )</td><td>21% ( 21 % )</td><td>22% ( 22 % )</td></tr><tr><td>3</td><td>growth distribution</td><td>14% ( 14 % )</td><td>21% ( 21 % )</td><td>21% ( 21 % )</td></tr><tr><td>4</td><td>contract generation</td><td>29% ( 29 % )</td><td>32% ( 32 % )</td><td>27% ( 27 % )</td></tr><tr><td>5</td><td>competitive supply</td><td>21% ( 21 % )</td><td>26% ( 26 % )</td><td>30% ( 30 % )</td></tr></table> development costs certain subsidiaries and affiliates of the company ( domestic and non-u.s. ) are in various stages of developing and constructing greenfield power plants , some but not all of which have signed long-term contracts or made similar arrangements for the sale of electricity . successful completion depends upon overcoming substantial risks , including , but not limited to , risks relating to failures of siting , financing , construction , permitting , governmental approvals or the potential for termination of the power sales contract as a result of a failure to meet certain milestones . as of december 31 , 2002 , capitalized costs for projects under development and in early stage construction were approximately $ 15 million and capitalized costs for projects under construction were approximately $ 3.2 billion . the company believes .
Question: what was the total distribution of revenue to the large utilities segment in the years of 2002 and 2001?
| 0.57 | 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.
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competitive supply aes 2019s competitive supply line of business consists of generating facilities that sell electricity directly to wholesale customers in competitive markets . additionally , as compared to the contract generation segment discussed above , these generating facilities generally sell less than 75% ( 75 % ) of their output pursuant to long-term contracts with pre-determined pricing provisions and/or sell into power pools , under shorter-term contracts or into daily spot markets . the prices paid for electricity under short-term contracts and in the spot markets are unpredictable and can be , and from time to time have been , volatile . the results of operations of aes 2019s competitive supply business are also more sensitive to the impact of market fluctuations in the price of electricity , natural gas , coal and other raw materials . in the united kingdom , txu europe entered administration in november 2002 and is no longer performing under its contracts with drax and barry . as described in the footnotes and in other sections of the discussion and analysis of financial condition and results of operations , txu europe 2019s failure to perform under its contracts has had a material adverse effect on the results of operations of these businesses . two aes competitive supply businesses , aes wolf hollow , l.p . and granite ridge have fuel supply agreements with el paso merchant energy l.p . an affiliate of el paso corp. , which has encountered financial difficulties . the company does not believe the financial difficulties of el paso corp . will have a material adverse effect on el paso merchant energy l.p . 2019s performance under the supply agreement ; however , there can be no assurance that a further deterioration in el paso corp 2019s financial condition will not have a material adverse effect on the ability of el paso merchant energy l.p . to perform its obligations . while el paso corp 2019s financial condition may not have a material adverse effect on el paso merchant energy , l.p . at this time , it could lead to a default under the aes wolf hollow , l.p . 2019s fuel supply agreement , in which case aes wolf hollow , l.p . 2019s lenders may seek to declare a default under its credit agreements . aes wolf hollow , l.p . is working in concert with its lenders to explore options to avoid such a default . the revenues from our facilities that distribute electricity to end-use customers are generally subject to regulation . these businesses are generally required to obtain third party approval or confirmation of rate increases before they can be passed on to the customers through tariffs . these businesses comprise the large utilities and growth distribution segments of the company . revenues from contract generation and competitive supply are not regulated . the distribution of revenues between the segments for the years ended december 31 , 2002 , 2001 and 2000 is as follows: . <table class='wikitable'><tr><td>1</td><td>-</td><td>2002</td><td>2001</td><td>2000</td></tr><tr><td>2</td><td>large utilities</td><td>36% ( 36 % )</td><td>21% ( 21 % )</td><td>22% ( 22 % )</td></tr><tr><td>3</td><td>growth distribution</td><td>14% ( 14 % )</td><td>21% ( 21 % )</td><td>21% ( 21 % )</td></tr><tr><td>4</td><td>contract generation</td><td>29% ( 29 % )</td><td>32% ( 32 % )</td><td>27% ( 27 % )</td></tr><tr><td>5</td><td>competitive supply</td><td>21% ( 21 % )</td><td>26% ( 26 % )</td><td>30% ( 30 % )</td></tr></table> development costs certain subsidiaries and affiliates of the company ( domestic and non-u.s. ) are in various stages of developing and constructing greenfield power plants , some but not all of which have signed long-term contracts or made similar arrangements for the sale of electricity . successful completion depends upon overcoming substantial risks , including , but not limited to , risks relating to failures of siting , financing , construction , permitting , governmental approvals or the potential for termination of the power sales contract as a result of a failure to meet certain milestones . as of december 31 , 2002 , capitalized costs for projects under development and in early stage construction were approximately $ 15 million and capitalized costs for projects under construction were approximately $ 3.2 billion . the company believes .
Question: what was the total distribution of revenue to the large utilities segment in the years of 2002 and 2001?
Answer: 0.57
Question: including the year of 2000, what would then be the total distribution of revenue to the large utilities segment in the three years?
| 0.79 | 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.
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competitive supply aes 2019s competitive supply line of business consists of generating facilities that sell electricity directly to wholesale customers in competitive markets . additionally , as compared to the contract generation segment discussed above , these generating facilities generally sell less than 75% ( 75 % ) of their output pursuant to long-term contracts with pre-determined pricing provisions and/or sell into power pools , under shorter-term contracts or into daily spot markets . the prices paid for electricity under short-term contracts and in the spot markets are unpredictable and can be , and from time to time have been , volatile . the results of operations of aes 2019s competitive supply business are also more sensitive to the impact of market fluctuations in the price of electricity , natural gas , coal and other raw materials . in the united kingdom , txu europe entered administration in november 2002 and is no longer performing under its contracts with drax and barry . as described in the footnotes and in other sections of the discussion and analysis of financial condition and results of operations , txu europe 2019s failure to perform under its contracts has had a material adverse effect on the results of operations of these businesses . two aes competitive supply businesses , aes wolf hollow , l.p . and granite ridge have fuel supply agreements with el paso merchant energy l.p . an affiliate of el paso corp. , which has encountered financial difficulties . the company does not believe the financial difficulties of el paso corp . will have a material adverse effect on el paso merchant energy l.p . 2019s performance under the supply agreement ; however , there can be no assurance that a further deterioration in el paso corp 2019s financial condition will not have a material adverse effect on the ability of el paso merchant energy l.p . to perform its obligations . while el paso corp 2019s financial condition may not have a material adverse effect on el paso merchant energy , l.p . at this time , it could lead to a default under the aes wolf hollow , l.p . 2019s fuel supply agreement , in which case aes wolf hollow , l.p . 2019s lenders may seek to declare a default under its credit agreements . aes wolf hollow , l.p . is working in concert with its lenders to explore options to avoid such a default . the revenues from our facilities that distribute electricity to end-use customers are generally subject to regulation . these businesses are generally required to obtain third party approval or confirmation of rate increases before they can be passed on to the customers through tariffs . these businesses comprise the large utilities and growth distribution segments of the company . revenues from contract generation and competitive supply are not regulated . the distribution of revenues between the segments for the years ended december 31 , 2002 , 2001 and 2000 is as follows: . <table class='wikitable'><tr><td>1</td><td>-</td><td>2002</td><td>2001</td><td>2000</td></tr><tr><td>2</td><td>large utilities</td><td>36% ( 36 % )</td><td>21% ( 21 % )</td><td>22% ( 22 % )</td></tr><tr><td>3</td><td>growth distribution</td><td>14% ( 14 % )</td><td>21% ( 21 % )</td><td>21% ( 21 % )</td></tr><tr><td>4</td><td>contract generation</td><td>29% ( 29 % )</td><td>32% ( 32 % )</td><td>27% ( 27 % )</td></tr><tr><td>5</td><td>competitive supply</td><td>21% ( 21 % )</td><td>26% ( 26 % )</td><td>30% ( 30 % )</td></tr></table> development costs certain subsidiaries and affiliates of the company ( domestic and non-u.s. ) are in various stages of developing and constructing greenfield power plants , some but not all of which have signed long-term contracts or made similar arrangements for the sale of electricity . successful completion depends upon overcoming substantial risks , including , but not limited to , risks relating to failures of siting , financing , construction , permitting , governmental approvals or the potential for termination of the power sales contract as a result of a failure to meet certain milestones . as of december 31 , 2002 , capitalized costs for projects under development and in early stage construction were approximately $ 15 million and capitalized costs for projects under construction were approximately $ 3.2 billion . the company believes .
Question: what was the total distribution of revenue to the large utilities segment in the years of 2002 and 2001?
Answer: 0.57
Question: including the year of 2000, what would then be the total distribution of revenue to the large utilities segment in the three years?
Answer: 0.79
Question: and would be the average distribution of revenue to the large utilities segment between the three years?
| 0.26333 | 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.
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stock performance graph * $ 100 invested on december 31 , 2011 in our stock or in the relevant index , including reinvestment of dividends . fiscal year ended december 31 , 2016 . ( 1 ) delphi automotive plc ( 2 ) s&p 500 2013 standard & poor 2019s 500 total return index ( 3 ) automotive supplier peer group 2013 russell 3000 auto parts index , including american axle & manufacturing , borgwarner inc. , cooper tire & rubber company , dana inc. , delphi automotive plc , dorman products inc. , federal-mogul corp. , ford motor co. , general motors co. , gentex corp. , gentherm inc. , genuine parts co. , goodyear tire & rubber co. , johnson controls international plc , lear corp. , lkq corp. , meritor inc. , standard motor products inc. , stoneridge inc. , superior industries international , tenneco inc. , tesla motors inc. , tower international inc. , visteon corp. , and wabco holdings inc . company index december 31 , december 31 , december 31 , december 31 , december 31 , december 31 . <table class='wikitable'><tr><td>1</td><td>company index</td><td>december 31 2011</td><td>december 31 2012</td><td>december 31 2013</td><td>december 31 2014</td><td>december 31 2015</td><td>december 31 2016</td></tr><tr><td>2</td><td>delphi automotive plc ( 1 )</td><td>$ 100.00</td><td>$ 177.58</td><td>$ 283.02</td><td>$ 347.40</td><td>$ 414.58</td><td>$ 331.43</td></tr><tr><td>3</td><td>s&p 500 ( 2 )</td><td>100.00</td><td>116.00</td><td>153.58</td><td>174.60</td><td>177.01</td><td>198.18</td></tr><tr><td>4</td><td>automotive supplier peer group ( 3 )</td><td>100.00</td><td>127.04</td><td>188.67</td><td>203.06</td><td>198.34</td><td>202.30</td></tr></table> dividends the company has declared and paid cash dividends of $ 0.25 and $ 0.29 per ordinary share in each quarter of 2015 and 2016 , respectively . in addition , in january 2017 , the board of directors declared a regular quarterly cash dividend of $ 0.29 per ordinary share , payable on february 15 , 2017 to shareholders of record at the close of business on february 6 , 2017. .
Question: what was the dividend per share in 2016?
| 0.29 | 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.
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stock performance graph * $ 100 invested on december 31 , 2011 in our stock or in the relevant index , including reinvestment of dividends . fiscal year ended december 31 , 2016 . ( 1 ) delphi automotive plc ( 2 ) s&p 500 2013 standard & poor 2019s 500 total return index ( 3 ) automotive supplier peer group 2013 russell 3000 auto parts index , including american axle & manufacturing , borgwarner inc. , cooper tire & rubber company , dana inc. , delphi automotive plc , dorman products inc. , federal-mogul corp. , ford motor co. , general motors co. , gentex corp. , gentherm inc. , genuine parts co. , goodyear tire & rubber co. , johnson controls international plc , lear corp. , lkq corp. , meritor inc. , standard motor products inc. , stoneridge inc. , superior industries international , tenneco inc. , tesla motors inc. , tower international inc. , visteon corp. , and wabco holdings inc . company index december 31 , december 31 , december 31 , december 31 , december 31 , december 31 . <table class='wikitable'><tr><td>1</td><td>company index</td><td>december 31 2011</td><td>december 31 2012</td><td>december 31 2013</td><td>december 31 2014</td><td>december 31 2015</td><td>december 31 2016</td></tr><tr><td>2</td><td>delphi automotive plc ( 1 )</td><td>$ 100.00</td><td>$ 177.58</td><td>$ 283.02</td><td>$ 347.40</td><td>$ 414.58</td><td>$ 331.43</td></tr><tr><td>3</td><td>s&p 500 ( 2 )</td><td>100.00</td><td>116.00</td><td>153.58</td><td>174.60</td><td>177.01</td><td>198.18</td></tr><tr><td>4</td><td>automotive supplier peer group ( 3 )</td><td>100.00</td><td>127.04</td><td>188.67</td><td>203.06</td><td>198.34</td><td>202.30</td></tr></table> dividends the company has declared and paid cash dividends of $ 0.25 and $ 0.29 per ordinary share in each quarter of 2015 and 2016 , respectively . in addition , in january 2017 , the board of directors declared a regular quarterly cash dividend of $ 0.29 per ordinary share , payable on february 15 , 2017 to shareholders of record at the close of business on february 6 , 2017. .
Question: what was the dividend per share in 2016?
Answer: 0.29
Question: what was the dividend per share in 2015?
| 0.25 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
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stock performance graph * $ 100 invested on december 31 , 2011 in our stock or in the relevant index , including reinvestment of dividends . fiscal year ended december 31 , 2016 . ( 1 ) delphi automotive plc ( 2 ) s&p 500 2013 standard & poor 2019s 500 total return index ( 3 ) automotive supplier peer group 2013 russell 3000 auto parts index , including american axle & manufacturing , borgwarner inc. , cooper tire & rubber company , dana inc. , delphi automotive plc , dorman products inc. , federal-mogul corp. , ford motor co. , general motors co. , gentex corp. , gentherm inc. , genuine parts co. , goodyear tire & rubber co. , johnson controls international plc , lear corp. , lkq corp. , meritor inc. , standard motor products inc. , stoneridge inc. , superior industries international , tenneco inc. , tesla motors inc. , tower international inc. , visteon corp. , and wabco holdings inc . company index december 31 , december 31 , december 31 , december 31 , december 31 , december 31 . <table class='wikitable'><tr><td>1</td><td>company index</td><td>december 31 2011</td><td>december 31 2012</td><td>december 31 2013</td><td>december 31 2014</td><td>december 31 2015</td><td>december 31 2016</td></tr><tr><td>2</td><td>delphi automotive plc ( 1 )</td><td>$ 100.00</td><td>$ 177.58</td><td>$ 283.02</td><td>$ 347.40</td><td>$ 414.58</td><td>$ 331.43</td></tr><tr><td>3</td><td>s&p 500 ( 2 )</td><td>100.00</td><td>116.00</td><td>153.58</td><td>174.60</td><td>177.01</td><td>198.18</td></tr><tr><td>4</td><td>automotive supplier peer group ( 3 )</td><td>100.00</td><td>127.04</td><td>188.67</td><td>203.06</td><td>198.34</td><td>202.30</td></tr></table> dividends the company has declared and paid cash dividends of $ 0.25 and $ 0.29 per ordinary share in each quarter of 2015 and 2016 , respectively . in addition , in january 2017 , the board of directors declared a regular quarterly cash dividend of $ 0.29 per ordinary share , payable on february 15 , 2017 to shareholders of record at the close of business on february 6 , 2017. .
Question: what was the dividend per share in 2016?
Answer: 0.29
Question: what was the dividend per share in 2015?
Answer: 0.25
Question: what was the net difference?
| 0.04 | 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.
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stock performance graph * $ 100 invested on december 31 , 2011 in our stock or in the relevant index , including reinvestment of dividends . fiscal year ended december 31 , 2016 . ( 1 ) delphi automotive plc ( 2 ) s&p 500 2013 standard & poor 2019s 500 total return index ( 3 ) automotive supplier peer group 2013 russell 3000 auto parts index , including american axle & manufacturing , borgwarner inc. , cooper tire & rubber company , dana inc. , delphi automotive plc , dorman products inc. , federal-mogul corp. , ford motor co. , general motors co. , gentex corp. , gentherm inc. , genuine parts co. , goodyear tire & rubber co. , johnson controls international plc , lear corp. , lkq corp. , meritor inc. , standard motor products inc. , stoneridge inc. , superior industries international , tenneco inc. , tesla motors inc. , tower international inc. , visteon corp. , and wabco holdings inc . company index december 31 , december 31 , december 31 , december 31 , december 31 , december 31 . <table class='wikitable'><tr><td>1</td><td>company index</td><td>december 31 2011</td><td>december 31 2012</td><td>december 31 2013</td><td>december 31 2014</td><td>december 31 2015</td><td>december 31 2016</td></tr><tr><td>2</td><td>delphi automotive plc ( 1 )</td><td>$ 100.00</td><td>$ 177.58</td><td>$ 283.02</td><td>$ 347.40</td><td>$ 414.58</td><td>$ 331.43</td></tr><tr><td>3</td><td>s&p 500 ( 2 )</td><td>100.00</td><td>116.00</td><td>153.58</td><td>174.60</td><td>177.01</td><td>198.18</td></tr><tr><td>4</td><td>automotive supplier peer group ( 3 )</td><td>100.00</td><td>127.04</td><td>188.67</td><td>203.06</td><td>198.34</td><td>202.30</td></tr></table> dividends the company has declared and paid cash dividends of $ 0.25 and $ 0.29 per ordinary share in each quarter of 2015 and 2016 , respectively . in addition , in january 2017 , the board of directors declared a regular quarterly cash dividend of $ 0.29 per ordinary share , payable on february 15 , 2017 to shareholders of record at the close of business on february 6 , 2017. .
Question: what was the dividend per share in 2016?
Answer: 0.29
Question: what was the dividend per share in 2015?
Answer: 0.25
Question: what was the net difference?
Answer: 0.04
Question: what was the dividend per share in 2015?
| 0.25 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
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stock performance graph * $ 100 invested on december 31 , 2011 in our stock or in the relevant index , including reinvestment of dividends . fiscal year ended december 31 , 2016 . ( 1 ) delphi automotive plc ( 2 ) s&p 500 2013 standard & poor 2019s 500 total return index ( 3 ) automotive supplier peer group 2013 russell 3000 auto parts index , including american axle & manufacturing , borgwarner inc. , cooper tire & rubber company , dana inc. , delphi automotive plc , dorman products inc. , federal-mogul corp. , ford motor co. , general motors co. , gentex corp. , gentherm inc. , genuine parts co. , goodyear tire & rubber co. , johnson controls international plc , lear corp. , lkq corp. , meritor inc. , standard motor products inc. , stoneridge inc. , superior industries international , tenneco inc. , tesla motors inc. , tower international inc. , visteon corp. , and wabco holdings inc . company index december 31 , december 31 , december 31 , december 31 , december 31 , december 31 . <table class='wikitable'><tr><td>1</td><td>company index</td><td>december 31 2011</td><td>december 31 2012</td><td>december 31 2013</td><td>december 31 2014</td><td>december 31 2015</td><td>december 31 2016</td></tr><tr><td>2</td><td>delphi automotive plc ( 1 )</td><td>$ 100.00</td><td>$ 177.58</td><td>$ 283.02</td><td>$ 347.40</td><td>$ 414.58</td><td>$ 331.43</td></tr><tr><td>3</td><td>s&p 500 ( 2 )</td><td>100.00</td><td>116.00</td><td>153.58</td><td>174.60</td><td>177.01</td><td>198.18</td></tr><tr><td>4</td><td>automotive supplier peer group ( 3 )</td><td>100.00</td><td>127.04</td><td>188.67</td><td>203.06</td><td>198.34</td><td>202.30</td></tr></table> dividends the company has declared and paid cash dividends of $ 0.25 and $ 0.29 per ordinary share in each quarter of 2015 and 2016 , respectively . in addition , in january 2017 , the board of directors declared a regular quarterly cash dividend of $ 0.29 per ordinary share , payable on february 15 , 2017 to shareholders of record at the close of business on february 6 , 2017. .
Question: what was the dividend per share in 2016?
Answer: 0.29
Question: what was the dividend per share in 2015?
Answer: 0.25
Question: what was the net difference?
Answer: 0.04
Question: what was the dividend per share in 2015?
Answer: 0.25
Question: what was the percent change?
| 0.16 | 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.
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construction of cvn-79 john f . kennedy , construction of the u.s . coast guard 2019s fifth national security cutter ( unnamed ) , advance planning efforts for the cvn-72 uss abraham lincoln rcoh , and continued execution of the cvn-71 uss theodore roosevelt rcoh . 2010 2014the value of new contract awards during the year ended december 31 , 2010 , was approximately $ 3.6 billion . significant new awards during this period included $ 480 million for the construction of the u.s . coast guard 2019s fourth national security cutter hamilton , $ 480 million for design and long-lead material procurement activities for the cvn-79 john f . kennedy aircraft carrier , $ 377 million for cvn-78 gerald r . ford , $ 224 million for lha-7 ( unnamed ) , $ 184 million for lpd-26 john p . murtha , $ 114 million for ddg-114 ralph johnson and $ 62 million for long-lead material procurement activities for lpd-27 ( unnamed ) . liquidity and capital resources we endeavor to ensure the most efficient conversion of operating results into cash for deployment in operating our businesses and maximizing stockholder value . we use various financial measures to assist in capital deployment decision making , including net cash provided by operating activities and free cash flow . we believe these measures are useful to investors in assessing our financial performance . the table below summarizes key components of cash flow provided by ( used in ) operating activities: . <table class='wikitable'><tr><td>1</td><td>( $ in millions )</td><td>year ended december 31 2011</td><td>year ended december 31 2010</td><td>year ended december 31 2009</td></tr><tr><td>2</td><td>net earnings ( loss )</td><td>$ -94 ( 94 )</td><td>$ 135</td><td>$ 124</td></tr><tr><td>3</td><td>goodwill impairment</td><td>290</td><td>0</td><td>0</td></tr><tr><td>4</td><td>deferred income taxes</td><td>27</td><td>-19 ( 19 )</td><td>-98 ( 98 )</td></tr><tr><td>5</td><td>depreciation and amortization</td><td>190</td><td>183</td><td>186</td></tr><tr><td>6</td><td>stock-based compensation</td><td>42</td><td>0</td><td>0</td></tr><tr><td>7</td><td>retiree benefit funding less than ( in excess of ) expense</td><td>122</td><td>33</td><td>-28 ( 28 )</td></tr><tr><td>8</td><td>trade working capital decrease ( increase )</td><td>-49 ( 49 )</td><td>27</td><td>-272 ( 272 )</td></tr><tr><td>9</td><td>net cash provided by ( used in ) operating activities</td><td>$ 528</td><td>$ 359</td><td>$ -88 ( 88 )</td></tr></table> cash flows we discuss below our major operating , investing and financing activities for each of the three years in the period ended december 31 , 2011 , as classified on our consolidated statements of cash flows . operating activities 2011 2014cash provided by operating activities was $ 528 million in 2011 compared with $ 359 million in 2010 . the increase of $ 169 million was due principally to increased earnings net of impairment charges and lower pension contributions , offset by an increase in trade working capital . net cash paid by northrop grumman on our behalf for u.s . federal income tax obligations was $ 53 million . we expect cash generated from operations for 2012 to be sufficient to service debt , meet contract obligations , and finance capital expenditures . although 2012 cash from operations is expected to be sufficient to service these obligations , we may from time to time borrow funds under our credit facility to accommodate timing differences in cash flows . 2010 2014net cash provided by operating activities was $ 359 million in 2010 compared with cash used of $ 88 million in 2009 . the change of $ 447 million was due principally to a decrease in discretionary pension contributions of $ 97 million , a decrease in trade working capital of $ 299 million , and a decrease in deferred income taxes of $ 79 million . in 2009 , trade working capital balances included the unfavorable impact of delayed customer billings associated with the negative performance adjustments on the lpd-22 through lpd-25 contract due to projected cost increases at completion . see note 7 : contract charges in item 8 . the change in deferred taxes was due principally to the timing of contract related deductions . u.s . federal income tax payments made by northrop grumman on our behalf were $ 89 million in 2010. .
Question: what is the difference in net cash provided by operating activities between 2010 and 2011?
| 169.0 | 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.
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construction of cvn-79 john f . kennedy , construction of the u.s . coast guard 2019s fifth national security cutter ( unnamed ) , advance planning efforts for the cvn-72 uss abraham lincoln rcoh , and continued execution of the cvn-71 uss theodore roosevelt rcoh . 2010 2014the value of new contract awards during the year ended december 31 , 2010 , was approximately $ 3.6 billion . significant new awards during this period included $ 480 million for the construction of the u.s . coast guard 2019s fourth national security cutter hamilton , $ 480 million for design and long-lead material procurement activities for the cvn-79 john f . kennedy aircraft carrier , $ 377 million for cvn-78 gerald r . ford , $ 224 million for lha-7 ( unnamed ) , $ 184 million for lpd-26 john p . murtha , $ 114 million for ddg-114 ralph johnson and $ 62 million for long-lead material procurement activities for lpd-27 ( unnamed ) . liquidity and capital resources we endeavor to ensure the most efficient conversion of operating results into cash for deployment in operating our businesses and maximizing stockholder value . we use various financial measures to assist in capital deployment decision making , including net cash provided by operating activities and free cash flow . we believe these measures are useful to investors in assessing our financial performance . the table below summarizes key components of cash flow provided by ( used in ) operating activities: . <table class='wikitable'><tr><td>1</td><td>( $ in millions )</td><td>year ended december 31 2011</td><td>year ended december 31 2010</td><td>year ended december 31 2009</td></tr><tr><td>2</td><td>net earnings ( loss )</td><td>$ -94 ( 94 )</td><td>$ 135</td><td>$ 124</td></tr><tr><td>3</td><td>goodwill impairment</td><td>290</td><td>0</td><td>0</td></tr><tr><td>4</td><td>deferred income taxes</td><td>27</td><td>-19 ( 19 )</td><td>-98 ( 98 )</td></tr><tr><td>5</td><td>depreciation and amortization</td><td>190</td><td>183</td><td>186</td></tr><tr><td>6</td><td>stock-based compensation</td><td>42</td><td>0</td><td>0</td></tr><tr><td>7</td><td>retiree benefit funding less than ( in excess of ) expense</td><td>122</td><td>33</td><td>-28 ( 28 )</td></tr><tr><td>8</td><td>trade working capital decrease ( increase )</td><td>-49 ( 49 )</td><td>27</td><td>-272 ( 272 )</td></tr><tr><td>9</td><td>net cash provided by ( used in ) operating activities</td><td>$ 528</td><td>$ 359</td><td>$ -88 ( 88 )</td></tr></table> cash flows we discuss below our major operating , investing and financing activities for each of the three years in the period ended december 31 , 2011 , as classified on our consolidated statements of cash flows . operating activities 2011 2014cash provided by operating activities was $ 528 million in 2011 compared with $ 359 million in 2010 . the increase of $ 169 million was due principally to increased earnings net of impairment charges and lower pension contributions , offset by an increase in trade working capital . net cash paid by northrop grumman on our behalf for u.s . federal income tax obligations was $ 53 million . we expect cash generated from operations for 2012 to be sufficient to service debt , meet contract obligations , and finance capital expenditures . although 2012 cash from operations is expected to be sufficient to service these obligations , we may from time to time borrow funds under our credit facility to accommodate timing differences in cash flows . 2010 2014net cash provided by operating activities was $ 359 million in 2010 compared with cash used of $ 88 million in 2009 . the change of $ 447 million was due principally to a decrease in discretionary pension contributions of $ 97 million , a decrease in trade working capital of $ 299 million , and a decrease in deferred income taxes of $ 79 million . in 2009 , trade working capital balances included the unfavorable impact of delayed customer billings associated with the negative performance adjustments on the lpd-22 through lpd-25 contract due to projected cost increases at completion . see note 7 : contract charges in item 8 . the change in deferred taxes was due principally to the timing of contract related deductions . u.s . federal income tax payments made by northrop grumman on our behalf were $ 89 million in 2010. .
Question: what is the difference in net cash provided by operating activities between 2010 and 2011?
Answer: 169.0
Question: and the value specifically in 2010?
| 359.0 | 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.
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construction of cvn-79 john f . kennedy , construction of the u.s . coast guard 2019s fifth national security cutter ( unnamed ) , advance planning efforts for the cvn-72 uss abraham lincoln rcoh , and continued execution of the cvn-71 uss theodore roosevelt rcoh . 2010 2014the value of new contract awards during the year ended december 31 , 2010 , was approximately $ 3.6 billion . significant new awards during this period included $ 480 million for the construction of the u.s . coast guard 2019s fourth national security cutter hamilton , $ 480 million for design and long-lead material procurement activities for the cvn-79 john f . kennedy aircraft carrier , $ 377 million for cvn-78 gerald r . ford , $ 224 million for lha-7 ( unnamed ) , $ 184 million for lpd-26 john p . murtha , $ 114 million for ddg-114 ralph johnson and $ 62 million for long-lead material procurement activities for lpd-27 ( unnamed ) . liquidity and capital resources we endeavor to ensure the most efficient conversion of operating results into cash for deployment in operating our businesses and maximizing stockholder value . we use various financial measures to assist in capital deployment decision making , including net cash provided by operating activities and free cash flow . we believe these measures are useful to investors in assessing our financial performance . the table below summarizes key components of cash flow provided by ( used in ) operating activities: . <table class='wikitable'><tr><td>1</td><td>( $ in millions )</td><td>year ended december 31 2011</td><td>year ended december 31 2010</td><td>year ended december 31 2009</td></tr><tr><td>2</td><td>net earnings ( loss )</td><td>$ -94 ( 94 )</td><td>$ 135</td><td>$ 124</td></tr><tr><td>3</td><td>goodwill impairment</td><td>290</td><td>0</td><td>0</td></tr><tr><td>4</td><td>deferred income taxes</td><td>27</td><td>-19 ( 19 )</td><td>-98 ( 98 )</td></tr><tr><td>5</td><td>depreciation and amortization</td><td>190</td><td>183</td><td>186</td></tr><tr><td>6</td><td>stock-based compensation</td><td>42</td><td>0</td><td>0</td></tr><tr><td>7</td><td>retiree benefit funding less than ( in excess of ) expense</td><td>122</td><td>33</td><td>-28 ( 28 )</td></tr><tr><td>8</td><td>trade working capital decrease ( increase )</td><td>-49 ( 49 )</td><td>27</td><td>-272 ( 272 )</td></tr><tr><td>9</td><td>net cash provided by ( used in ) operating activities</td><td>$ 528</td><td>$ 359</td><td>$ -88 ( 88 )</td></tr></table> cash flows we discuss below our major operating , investing and financing activities for each of the three years in the period ended december 31 , 2011 , as classified on our consolidated statements of cash flows . operating activities 2011 2014cash provided by operating activities was $ 528 million in 2011 compared with $ 359 million in 2010 . the increase of $ 169 million was due principally to increased earnings net of impairment charges and lower pension contributions , offset by an increase in trade working capital . net cash paid by northrop grumman on our behalf for u.s . federal income tax obligations was $ 53 million . we expect cash generated from operations for 2012 to be sufficient to service debt , meet contract obligations , and finance capital expenditures . although 2012 cash from operations is expected to be sufficient to service these obligations , we may from time to time borrow funds under our credit facility to accommodate timing differences in cash flows . 2010 2014net cash provided by operating activities was $ 359 million in 2010 compared with cash used of $ 88 million in 2009 . the change of $ 447 million was due principally to a decrease in discretionary pension contributions of $ 97 million , a decrease in trade working capital of $ 299 million , and a decrease in deferred income taxes of $ 79 million . in 2009 , trade working capital balances included the unfavorable impact of delayed customer billings associated with the negative performance adjustments on the lpd-22 through lpd-25 contract due to projected cost increases at completion . see note 7 : contract charges in item 8 . the change in deferred taxes was due principally to the timing of contract related deductions . u.s . federal income tax payments made by northrop grumman on our behalf were $ 89 million in 2010. .
Question: what is the difference in net cash provided by operating activities between 2010 and 2011?
Answer: 169.0
Question: and the value specifically in 2010?
Answer: 359.0
Question: so what was the percentage change during this time?
| 0.47075 | 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.
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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 was the difference in accrued warranties and related costs between 2006 and 2007?
| -54.0 | 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.
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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 was the difference in accrued warranties and related costs between 2006 and 2007?
Answer: -54.0
Question: and the percentage change during this time?
| -0.19014 | 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.
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technical and research personnel and lab facilities , and significantly expanded the portfolio of patents available to us via license and through a cooperative development program . in addition , we have acquired a 20 percent interest in grt , inc . the gtftm technology is protected by an intellectual property protection program . the u.s . has granted 17 patents for the technology , with another 22 pending . worldwide , there are over 300 patents issued or pending , covering over 100 countries including regional and direct foreign filings . another innovative technology that we are developing focuses on reducing the processing and transportation costs of natural gas by artificially creating natural gas hydrates , which are more easily transportable than natural gas in its gaseous form . much like lng , gas hydrates would then be regasified upon delivery to the receiving market . we have an active pilot program in place to test and further develop a proprietary natural gas hydrates manufacturing system . the above discussion of the integrated gas segment contains forward-looking statements with respect to the possible expansion of the lng production facility . factors that could potentially affect the possible expansion of the lng production facility include partner and government approvals , access to sufficient natural gas volumes through exploration or commercial negotiations with other resource owners and access to sufficient regasification capacity . the foregoing factors ( among others ) could cause actual results to differ materially from those set forth in the forward-looking statements . refining , marketing and transportation we have refining , marketing and transportation operations concentrated primarily in the midwest , upper great plains , gulf coast and southeast regions of the u.s . we rank as the fifth largest crude oil refiner in the u.s . and the largest in the midwest . our operations include a seven-plant refining network and an integrated terminal and transportation system which supplies wholesale and marathon-brand customers as well as our own retail operations . our wholly-owned retail marketing subsidiary speedway superamerica llc ( 201cssa 201d ) is the third largest chain of company-owned and -operated retail gasoline and convenience stores in the u.s . and the largest in the midwest . refining we own and operate seven refineries with an aggregate refining capacity of 1.188 million barrels per day ( 201cmmbpd 201d ) of crude oil as of december 31 , 2009 . during 2009 , our refineries processed 957 mbpd of crude oil and 196 mbpd of other charge and blend stocks . the table below sets forth the location and daily crude oil refining capacity of each of our refineries as of december 31 , 2009 . crude oil refining capacity ( thousands of barrels per day ) 2009 . <table class='wikitable'><tr><td>1</td><td>( thousands of barrels per day )</td><td>2009</td></tr><tr><td>2</td><td>garyville louisiana</td><td>436</td></tr><tr><td>3</td><td>catlettsburg kentucky</td><td>212</td></tr><tr><td>4</td><td>robinson illinois</td><td>206</td></tr><tr><td>5</td><td>detroit michigan</td><td>106</td></tr><tr><td>6</td><td>canton ohio</td><td>78</td></tr><tr><td>7</td><td>texas city texas</td><td>76</td></tr><tr><td>8</td><td>st . paul park minnesota</td><td>74</td></tr><tr><td>9</td><td>total</td><td>1188</td></tr></table> our refineries include crude oil atmospheric and vacuum distillation , fluid catalytic cracking , catalytic reforming , desulfurization and sulfur recovery units . the refineries process a wide variety of crude oils and produce numerous refined products , ranging from transportation fuels , such as reformulated gasolines , blend- grade gasolines intended for blending with fuel ethanol and ultra-low sulfur diesel fuel , to heavy fuel oil and asphalt . additionally , we manufacture aromatics , cumene , propane , propylene , sulfur and maleic anhydride . our garyville , louisiana , refinery is located along the mississippi river in southeastern louisiana between new orleans and baton rouge . the garyville refinery predominantly processes heavy sour crude oil into products .
Question: what is the number of barrels per day generated in garyville louisiana?
| 436.0 | 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.
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technical and research personnel and lab facilities , and significantly expanded the portfolio of patents available to us via license and through a cooperative development program . in addition , we have acquired a 20 percent interest in grt , inc . the gtftm technology is protected by an intellectual property protection program . the u.s . has granted 17 patents for the technology , with another 22 pending . worldwide , there are over 300 patents issued or pending , covering over 100 countries including regional and direct foreign filings . another innovative technology that we are developing focuses on reducing the processing and transportation costs of natural gas by artificially creating natural gas hydrates , which are more easily transportable than natural gas in its gaseous form . much like lng , gas hydrates would then be regasified upon delivery to the receiving market . we have an active pilot program in place to test and further develop a proprietary natural gas hydrates manufacturing system . the above discussion of the integrated gas segment contains forward-looking statements with respect to the possible expansion of the lng production facility . factors that could potentially affect the possible expansion of the lng production facility include partner and government approvals , access to sufficient natural gas volumes through exploration or commercial negotiations with other resource owners and access to sufficient regasification capacity . the foregoing factors ( among others ) could cause actual results to differ materially from those set forth in the forward-looking statements . refining , marketing and transportation we have refining , marketing and transportation operations concentrated primarily in the midwest , upper great plains , gulf coast and southeast regions of the u.s . we rank as the fifth largest crude oil refiner in the u.s . and the largest in the midwest . our operations include a seven-plant refining network and an integrated terminal and transportation system which supplies wholesale and marathon-brand customers as well as our own retail operations . our wholly-owned retail marketing subsidiary speedway superamerica llc ( 201cssa 201d ) is the third largest chain of company-owned and -operated retail gasoline and convenience stores in the u.s . and the largest in the midwest . refining we own and operate seven refineries with an aggregate refining capacity of 1.188 million barrels per day ( 201cmmbpd 201d ) of crude oil as of december 31 , 2009 . during 2009 , our refineries processed 957 mbpd of crude oil and 196 mbpd of other charge and blend stocks . the table below sets forth the location and daily crude oil refining capacity of each of our refineries as of december 31 , 2009 . crude oil refining capacity ( thousands of barrels per day ) 2009 . <table class='wikitable'><tr><td>1</td><td>( thousands of barrels per day )</td><td>2009</td></tr><tr><td>2</td><td>garyville louisiana</td><td>436</td></tr><tr><td>3</td><td>catlettsburg kentucky</td><td>212</td></tr><tr><td>4</td><td>robinson illinois</td><td>206</td></tr><tr><td>5</td><td>detroit michigan</td><td>106</td></tr><tr><td>6</td><td>canton ohio</td><td>78</td></tr><tr><td>7</td><td>texas city texas</td><td>76</td></tr><tr><td>8</td><td>st . paul park minnesota</td><td>74</td></tr><tr><td>9</td><td>total</td><td>1188</td></tr></table> our refineries include crude oil atmospheric and vacuum distillation , fluid catalytic cracking , catalytic reforming , desulfurization and sulfur recovery units . the refineries process a wide variety of crude oils and produce numerous refined products , ranging from transportation fuels , such as reformulated gasolines , blend- grade gasolines intended for blending with fuel ethanol and ultra-low sulfur diesel fuel , to heavy fuel oil and asphalt . additionally , we manufacture aromatics , cumene , propane , propylene , sulfur and maleic anhydride . our garyville , louisiana , refinery is located along the mississippi river in southeastern louisiana between new orleans and baton rouge . the garyville refinery predominantly processes heavy sour crude oil into products .
Question: what is the number of barrels per day generated in garyville louisiana?
Answer: 436.0
Question: what about the total barrels per day?
| 1188.0 | 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.
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technical and research personnel and lab facilities , and significantly expanded the portfolio of patents available to us via license and through a cooperative development program . in addition , we have acquired a 20 percent interest in grt , inc . the gtftm technology is protected by an intellectual property protection program . the u.s . has granted 17 patents for the technology , with another 22 pending . worldwide , there are over 300 patents issued or pending , covering over 100 countries including regional and direct foreign filings . another innovative technology that we are developing focuses on reducing the processing and transportation costs of natural gas by artificially creating natural gas hydrates , which are more easily transportable than natural gas in its gaseous form . much like lng , gas hydrates would then be regasified upon delivery to the receiving market . we have an active pilot program in place to test and further develop a proprietary natural gas hydrates manufacturing system . the above discussion of the integrated gas segment contains forward-looking statements with respect to the possible expansion of the lng production facility . factors that could potentially affect the possible expansion of the lng production facility include partner and government approvals , access to sufficient natural gas volumes through exploration or commercial negotiations with other resource owners and access to sufficient regasification capacity . the foregoing factors ( among others ) could cause actual results to differ materially from those set forth in the forward-looking statements . refining , marketing and transportation we have refining , marketing and transportation operations concentrated primarily in the midwest , upper great plains , gulf coast and southeast regions of the u.s . we rank as the fifth largest crude oil refiner in the u.s . and the largest in the midwest . our operations include a seven-plant refining network and an integrated terminal and transportation system which supplies wholesale and marathon-brand customers as well as our own retail operations . our wholly-owned retail marketing subsidiary speedway superamerica llc ( 201cssa 201d ) is the third largest chain of company-owned and -operated retail gasoline and convenience stores in the u.s . and the largest in the midwest . refining we own and operate seven refineries with an aggregate refining capacity of 1.188 million barrels per day ( 201cmmbpd 201d ) of crude oil as of december 31 , 2009 . during 2009 , our refineries processed 957 mbpd of crude oil and 196 mbpd of other charge and blend stocks . the table below sets forth the location and daily crude oil refining capacity of each of our refineries as of december 31 , 2009 . crude oil refining capacity ( thousands of barrels per day ) 2009 . <table class='wikitable'><tr><td>1</td><td>( thousands of barrels per day )</td><td>2009</td></tr><tr><td>2</td><td>garyville louisiana</td><td>436</td></tr><tr><td>3</td><td>catlettsburg kentucky</td><td>212</td></tr><tr><td>4</td><td>robinson illinois</td><td>206</td></tr><tr><td>5</td><td>detroit michigan</td><td>106</td></tr><tr><td>6</td><td>canton ohio</td><td>78</td></tr><tr><td>7</td><td>texas city texas</td><td>76</td></tr><tr><td>8</td><td>st . paul park minnesota</td><td>74</td></tr><tr><td>9</td><td>total</td><td>1188</td></tr></table> our refineries include crude oil atmospheric and vacuum distillation , fluid catalytic cracking , catalytic reforming , desulfurization and sulfur recovery units . the refineries process a wide variety of crude oils and produce numerous refined products , ranging from transportation fuels , such as reformulated gasolines , blend- grade gasolines intended for blending with fuel ethanol and ultra-low sulfur diesel fuel , to heavy fuel oil and asphalt . additionally , we manufacture aromatics , cumene , propane , propylene , sulfur and maleic anhydride . our garyville , louisiana , refinery is located along the mississippi river in southeastern louisiana between new orleans and baton rouge . the garyville refinery predominantly processes heavy sour crude oil into products .
Question: what is the number of barrels per day generated in garyville louisiana?
Answer: 436.0
Question: what about the total barrels per day?
Answer: 1188.0
Question: what portion of total carrels per day is coming from garyville louisiana?
| 0.367 | 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.
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technical and research personnel and lab facilities , and significantly expanded the portfolio of patents available to us via license and through a cooperative development program . in addition , we have acquired a 20 percent interest in grt , inc . the gtftm technology is protected by an intellectual property protection program . the u.s . has granted 17 patents for the technology , with another 22 pending . worldwide , there are over 300 patents issued or pending , covering over 100 countries including regional and direct foreign filings . another innovative technology that we are developing focuses on reducing the processing and transportation costs of natural gas by artificially creating natural gas hydrates , which are more easily transportable than natural gas in its gaseous form . much like lng , gas hydrates would then be regasified upon delivery to the receiving market . we have an active pilot program in place to test and further develop a proprietary natural gas hydrates manufacturing system . the above discussion of the integrated gas segment contains forward-looking statements with respect to the possible expansion of the lng production facility . factors that could potentially affect the possible expansion of the lng production facility include partner and government approvals , access to sufficient natural gas volumes through exploration or commercial negotiations with other resource owners and access to sufficient regasification capacity . the foregoing factors ( among others ) could cause actual results to differ materially from those set forth in the forward-looking statements . refining , marketing and transportation we have refining , marketing and transportation operations concentrated primarily in the midwest , upper great plains , gulf coast and southeast regions of the u.s . we rank as the fifth largest crude oil refiner in the u.s . and the largest in the midwest . our operations include a seven-plant refining network and an integrated terminal and transportation system which supplies wholesale and marathon-brand customers as well as our own retail operations . our wholly-owned retail marketing subsidiary speedway superamerica llc ( 201cssa 201d ) is the third largest chain of company-owned and -operated retail gasoline and convenience stores in the u.s . and the largest in the midwest . refining we own and operate seven refineries with an aggregate refining capacity of 1.188 million barrels per day ( 201cmmbpd 201d ) of crude oil as of december 31 , 2009 . during 2009 , our refineries processed 957 mbpd of crude oil and 196 mbpd of other charge and blend stocks . the table below sets forth the location and daily crude oil refining capacity of each of our refineries as of december 31 , 2009 . crude oil refining capacity ( thousands of barrels per day ) 2009 . <table class='wikitable'><tr><td>1</td><td>( thousands of barrels per day )</td><td>2009</td></tr><tr><td>2</td><td>garyville louisiana</td><td>436</td></tr><tr><td>3</td><td>catlettsburg kentucky</td><td>212</td></tr><tr><td>4</td><td>robinson illinois</td><td>206</td></tr><tr><td>5</td><td>detroit michigan</td><td>106</td></tr><tr><td>6</td><td>canton ohio</td><td>78</td></tr><tr><td>7</td><td>texas city texas</td><td>76</td></tr><tr><td>8</td><td>st . paul park minnesota</td><td>74</td></tr><tr><td>9</td><td>total</td><td>1188</td></tr></table> our refineries include crude oil atmospheric and vacuum distillation , fluid catalytic cracking , catalytic reforming , desulfurization and sulfur recovery units . the refineries process a wide variety of crude oils and produce numerous refined products , ranging from transportation fuels , such as reformulated gasolines , blend- grade gasolines intended for blending with fuel ethanol and ultra-low sulfur diesel fuel , to heavy fuel oil and asphalt . additionally , we manufacture aromatics , cumene , propane , propylene , sulfur and maleic anhydride . our garyville , louisiana , refinery is located along the mississippi river in southeastern louisiana between new orleans and baton rouge . the garyville refinery predominantly processes heavy sour crude oil into products .
Question: what is the number of barrels per day generated in garyville louisiana?
Answer: 436.0
Question: what about the total barrels per day?
Answer: 1188.0
Question: what portion of total carrels per day is coming from garyville louisiana?
Answer: 0.367
Question: what about the portion coming from catlettsburg kentucky?
| 0.17845 | 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.
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sales of unregistered securities not applicable . repurchases of equity securities the following table provides information regarding our purchases of our equity securities during the period from october 1 , 2017 to december 31 , 2017 . 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 ( orapproximate dollar value ) of shares ( or units ) that may yet be purchasedunder the plans orprograms3</td></tr><tr><td>2</td><td>october 1 - 31</td><td>1231868</td><td>$ 20.74</td><td>1230394</td><td>$ 214001430</td></tr><tr><td>3</td><td>november 1 - 30</td><td>1723139</td><td>$ 18.89</td><td>1722246</td><td>$ 181474975</td></tr><tr><td>4</td><td>december 1 - 31</td><td>1295639</td><td>$ 20.25</td><td>1285000</td><td>$ 155459545</td></tr><tr><td>5</td><td>total</td><td>4250646</td><td>$ 19.84</td><td>4237640</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 1474 withheld shares in october 2017 , 893 withheld shares in november 2017 and 10639 withheld shares in december 2017 , for a total of 13006 withheld shares during the three-month period . 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 share 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 share repurchase program . 3 in february 2017 , 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 201c2017 share repurchase program 201d ) . on february 14 , 2018 , 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 2017 share repurchase program . there is no expiration date associated with the share repurchase programs. .
Question: what is the value of the total shares repurchased by the average price?
| 84332816.64 | 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.
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sales of unregistered securities not applicable . repurchases of equity securities the following table provides information regarding our purchases of our equity securities during the period from october 1 , 2017 to december 31 , 2017 . 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 ( orapproximate dollar value ) of shares ( or units ) that may yet be purchasedunder the plans orprograms3</td></tr><tr><td>2</td><td>october 1 - 31</td><td>1231868</td><td>$ 20.74</td><td>1230394</td><td>$ 214001430</td></tr><tr><td>3</td><td>november 1 - 30</td><td>1723139</td><td>$ 18.89</td><td>1722246</td><td>$ 181474975</td></tr><tr><td>4</td><td>december 1 - 31</td><td>1295639</td><td>$ 20.25</td><td>1285000</td><td>$ 155459545</td></tr><tr><td>5</td><td>total</td><td>4250646</td><td>$ 19.84</td><td>4237640</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 1474 withheld shares in october 2017 , 893 withheld shares in november 2017 and 10639 withheld shares in december 2017 , for a total of 13006 withheld shares during the three-month period . 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 share 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 share repurchase program . 3 in february 2017 , 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 201c2017 share repurchase program 201d ) . on february 14 , 2018 , 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 2017 share repurchase program . there is no expiration date associated with the share repurchase programs. .
Question: what is the value of the total shares repurchased by the average price?
Answer: 84332816.64
Question: what is that number simplified?
| 84.33282 | 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.
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substantially all of the goodwill and other intangible assets recorded related to the acquisition of allied are not deductible for tax purposes . pro forma information the consolidated financial statements presented for republic include the operating results of allied from the date of the acquisition . the following pro forma information is presented assuming the merger had been completed as of january 1 , 2007 . the unaudited pro forma information presented below has been prepared for illustrative purposes and is not intended to be indicative of the results of operations that would have actually occurred had the acquisition been consummated at the beginning of the periods presented or of future results of the combined operations ( in millions , except share and per share amounts ) . year ended december 31 , year ended december 31 , ( unaudited ) ( unaudited ) . <table class='wikitable'><tr><td>1</td><td>-</td><td>year ended december 31 2008 ( unaudited )</td><td>year ended december 31 2007 ( unaudited )</td></tr><tr><td>2</td><td>revenue</td><td>$ 9362.2</td><td>$ 9244.9</td></tr><tr><td>3</td><td>income from continuing operations available to common stockholders</td><td>285.7</td><td>423.2</td></tr><tr><td>4</td><td>basic earnings per share</td><td>.76</td><td>1.10</td></tr><tr><td>5</td><td>diluted earnings per share</td><td>.75</td><td>1.09</td></tr></table> the above unaudited pro forma financial information includes adjustments for amortization of identifiable intangible assets , accretion of discounts to fair value associated with debt , environmental , self-insurance and other liabilities , accretion of capping , closure and post-closure obligations and amortization of the related assets , and provision for income taxes . assets held for sale as a condition of the merger with allied in december 2008 , we reached a settlement with the doj requiring us to divest of certain operations serving fifteen metropolitan areas including los angeles , ca ; san francisco , ca ; denver , co ; atlanta , ga ; northwestern indiana ; lexington , ky ; flint , mi ; cape girardeau , mo ; charlotte , nc ; cleveland , oh ; philadelphia , pa ; greenville-spartanburg , sc ; and fort worth , houston and lubbock , tx . the settlement requires us to divest 87 commercial waste collection routes , nine landfills and ten transfer stations , together with ancillary assets and , in three cases , access to landfill disposal capacity . we have classified the assets and liabilities we expect to divest ( including accounts receivable , property and equipment , goodwill , and accrued landfill and environmental costs ) as assets held for sale in our consolidated balance sheet at december 31 , 2008 . the assets held for sale related to operations that were republic 2019s prior to the merger with allied have been adjusted to the lower of their carrying amounts or estimated fair values less costs to sell , which resulted in us recognizing an asset impairment loss of $ 6.1 million in our consolidated statement of income for the year ended december 31 , 2008 . the assets held for sale related to operations that were allied 2019s prior to the merger are recorded at their estimated fair values in our consolidated balance sheet as of december 31 , 2008 in accordance with the purchase method of accounting . in february 2009 , we entered into an agreement to divest certain assets to waste connections , inc . the assets covered by the agreement include six municipal solid waste landfills , six collection operations and three transfer stations across the following seven markets : los angeles , ca ; denver , co ; houston , tx ; lubbock , tx ; greenville-spartanburg , sc ; charlotte , nc ; and flint , mi . the transaction with waste connections is subject to closing conditions regarding due diligence , regulatory approval and other customary matters . closing is expected to occur in the second quarter of 2009 . republic services , inc . and subsidiaries notes to consolidated financial statements %%transmsg*** transmitting job : p14076 pcn : 106000000 ***%%pcmsg|104 |00046|yes|no|02/28/2009 21:07|0|0|page is valid , no graphics -- color : d| .
Question: in the year of 2008, what was the income from continuing operations available to common stockholders?
| 285.7 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
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substantially all of the goodwill and other intangible assets recorded related to the acquisition of allied are not deductible for tax purposes . pro forma information the consolidated financial statements presented for republic include the operating results of allied from the date of the acquisition . the following pro forma information is presented assuming the merger had been completed as of january 1 , 2007 . the unaudited pro forma information presented below has been prepared for illustrative purposes and is not intended to be indicative of the results of operations that would have actually occurred had the acquisition been consummated at the beginning of the periods presented or of future results of the combined operations ( in millions , except share and per share amounts ) . year ended december 31 , year ended december 31 , ( unaudited ) ( unaudited ) . <table class='wikitable'><tr><td>1</td><td>-</td><td>year ended december 31 2008 ( unaudited )</td><td>year ended december 31 2007 ( unaudited )</td></tr><tr><td>2</td><td>revenue</td><td>$ 9362.2</td><td>$ 9244.9</td></tr><tr><td>3</td><td>income from continuing operations available to common stockholders</td><td>285.7</td><td>423.2</td></tr><tr><td>4</td><td>basic earnings per share</td><td>.76</td><td>1.10</td></tr><tr><td>5</td><td>diluted earnings per share</td><td>.75</td><td>1.09</td></tr></table> the above unaudited pro forma financial information includes adjustments for amortization of identifiable intangible assets , accretion of discounts to fair value associated with debt , environmental , self-insurance and other liabilities , accretion of capping , closure and post-closure obligations and amortization of the related assets , and provision for income taxes . assets held for sale as a condition of the merger with allied in december 2008 , we reached a settlement with the doj requiring us to divest of certain operations serving fifteen metropolitan areas including los angeles , ca ; san francisco , ca ; denver , co ; atlanta , ga ; northwestern indiana ; lexington , ky ; flint , mi ; cape girardeau , mo ; charlotte , nc ; cleveland , oh ; philadelphia , pa ; greenville-spartanburg , sc ; and fort worth , houston and lubbock , tx . the settlement requires us to divest 87 commercial waste collection routes , nine landfills and ten transfer stations , together with ancillary assets and , in three cases , access to landfill disposal capacity . we have classified the assets and liabilities we expect to divest ( including accounts receivable , property and equipment , goodwill , and accrued landfill and environmental costs ) as assets held for sale in our consolidated balance sheet at december 31 , 2008 . the assets held for sale related to operations that were republic 2019s prior to the merger with allied have been adjusted to the lower of their carrying amounts or estimated fair values less costs to sell , which resulted in us recognizing an asset impairment loss of $ 6.1 million in our consolidated statement of income for the year ended december 31 , 2008 . the assets held for sale related to operations that were allied 2019s prior to the merger are recorded at their estimated fair values in our consolidated balance sheet as of december 31 , 2008 in accordance with the purchase method of accounting . in february 2009 , we entered into an agreement to divest certain assets to waste connections , inc . the assets covered by the agreement include six municipal solid waste landfills , six collection operations and three transfer stations across the following seven markets : los angeles , ca ; denver , co ; houston , tx ; lubbock , tx ; greenville-spartanburg , sc ; charlotte , nc ; and flint , mi . the transaction with waste connections is subject to closing conditions regarding due diligence , regulatory approval and other customary matters . closing is expected to occur in the second quarter of 2009 . republic services , inc . and subsidiaries notes to consolidated financial statements %%transmsg*** transmitting job : p14076 pcn : 106000000 ***%%pcmsg|104 |00046|yes|no|02/28/2009 21:07|0|0|page is valid , no graphics -- color : d| .
Question: in the year of 2008, what was the income from continuing operations available to common stockholders?
Answer: 285.7
Question: and what were the basic earnings per share?
| 0.76 | 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.
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substantially all of the goodwill and other intangible assets recorded related to the acquisition of allied are not deductible for tax purposes . pro forma information the consolidated financial statements presented for republic include the operating results of allied from the date of the acquisition . the following pro forma information is presented assuming the merger had been completed as of january 1 , 2007 . the unaudited pro forma information presented below has been prepared for illustrative purposes and is not intended to be indicative of the results of operations that would have actually occurred had the acquisition been consummated at the beginning of the periods presented or of future results of the combined operations ( in millions , except share and per share amounts ) . year ended december 31 , year ended december 31 , ( unaudited ) ( unaudited ) . <table class='wikitable'><tr><td>1</td><td>-</td><td>year ended december 31 2008 ( unaudited )</td><td>year ended december 31 2007 ( unaudited )</td></tr><tr><td>2</td><td>revenue</td><td>$ 9362.2</td><td>$ 9244.9</td></tr><tr><td>3</td><td>income from continuing operations available to common stockholders</td><td>285.7</td><td>423.2</td></tr><tr><td>4</td><td>basic earnings per share</td><td>.76</td><td>1.10</td></tr><tr><td>5</td><td>diluted earnings per share</td><td>.75</td><td>1.09</td></tr></table> the above unaudited pro forma financial information includes adjustments for amortization of identifiable intangible assets , accretion of discounts to fair value associated with debt , environmental , self-insurance and other liabilities , accretion of capping , closure and post-closure obligations and amortization of the related assets , and provision for income taxes . assets held for sale as a condition of the merger with allied in december 2008 , we reached a settlement with the doj requiring us to divest of certain operations serving fifteen metropolitan areas including los angeles , ca ; san francisco , ca ; denver , co ; atlanta , ga ; northwestern indiana ; lexington , ky ; flint , mi ; cape girardeau , mo ; charlotte , nc ; cleveland , oh ; philadelphia , pa ; greenville-spartanburg , sc ; and fort worth , houston and lubbock , tx . the settlement requires us to divest 87 commercial waste collection routes , nine landfills and ten transfer stations , together with ancillary assets and , in three cases , access to landfill disposal capacity . we have classified the assets and liabilities we expect to divest ( including accounts receivable , property and equipment , goodwill , and accrued landfill and environmental costs ) as assets held for sale in our consolidated balance sheet at december 31 , 2008 . the assets held for sale related to operations that were republic 2019s prior to the merger with allied have been adjusted to the lower of their carrying amounts or estimated fair values less costs to sell , which resulted in us recognizing an asset impairment loss of $ 6.1 million in our consolidated statement of income for the year ended december 31 , 2008 . the assets held for sale related to operations that were allied 2019s prior to the merger are recorded at their estimated fair values in our consolidated balance sheet as of december 31 , 2008 in accordance with the purchase method of accounting . in february 2009 , we entered into an agreement to divest certain assets to waste connections , inc . the assets covered by the agreement include six municipal solid waste landfills , six collection operations and three transfer stations across the following seven markets : los angeles , ca ; denver , co ; houston , tx ; lubbock , tx ; greenville-spartanburg , sc ; charlotte , nc ; and flint , mi . the transaction with waste connections is subject to closing conditions regarding due diligence , regulatory approval and other customary matters . closing is expected to occur in the second quarter of 2009 . republic services , inc . and subsidiaries notes to consolidated financial statements %%transmsg*** transmitting job : p14076 pcn : 106000000 ***%%pcmsg|104 |00046|yes|no|02/28/2009 21:07|0|0|page is valid , no graphics -- color : d| .
Question: in the year of 2008, what was the income from continuing operations available to common stockholders?
Answer: 285.7
Question: and what were the basic earnings per share?
Answer: 0.76
Question: what, then, can be concluded to be the number of shares available?
| 375.92105 | 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.
|
substantially all of the goodwill and other intangible assets recorded related to the acquisition of allied are not deductible for tax purposes . pro forma information the consolidated financial statements presented for republic include the operating results of allied from the date of the acquisition . the following pro forma information is presented assuming the merger had been completed as of january 1 , 2007 . the unaudited pro forma information presented below has been prepared for illustrative purposes and is not intended to be indicative of the results of operations that would have actually occurred had the acquisition been consummated at the beginning of the periods presented or of future results of the combined operations ( in millions , except share and per share amounts ) . year ended december 31 , year ended december 31 , ( unaudited ) ( unaudited ) . <table class='wikitable'><tr><td>1</td><td>-</td><td>year ended december 31 2008 ( unaudited )</td><td>year ended december 31 2007 ( unaudited )</td></tr><tr><td>2</td><td>revenue</td><td>$ 9362.2</td><td>$ 9244.9</td></tr><tr><td>3</td><td>income from continuing operations available to common stockholders</td><td>285.7</td><td>423.2</td></tr><tr><td>4</td><td>basic earnings per share</td><td>.76</td><td>1.10</td></tr><tr><td>5</td><td>diluted earnings per share</td><td>.75</td><td>1.09</td></tr></table> the above unaudited pro forma financial information includes adjustments for amortization of identifiable intangible assets , accretion of discounts to fair value associated with debt , environmental , self-insurance and other liabilities , accretion of capping , closure and post-closure obligations and amortization of the related assets , and provision for income taxes . assets held for sale as a condition of the merger with allied in december 2008 , we reached a settlement with the doj requiring us to divest of certain operations serving fifteen metropolitan areas including los angeles , ca ; san francisco , ca ; denver , co ; atlanta , ga ; northwestern indiana ; lexington , ky ; flint , mi ; cape girardeau , mo ; charlotte , nc ; cleveland , oh ; philadelphia , pa ; greenville-spartanburg , sc ; and fort worth , houston and lubbock , tx . the settlement requires us to divest 87 commercial waste collection routes , nine landfills and ten transfer stations , together with ancillary assets and , in three cases , access to landfill disposal capacity . we have classified the assets and liabilities we expect to divest ( including accounts receivable , property and equipment , goodwill , and accrued landfill and environmental costs ) as assets held for sale in our consolidated balance sheet at december 31 , 2008 . the assets held for sale related to operations that were republic 2019s prior to the merger with allied have been adjusted to the lower of their carrying amounts or estimated fair values less costs to sell , which resulted in us recognizing an asset impairment loss of $ 6.1 million in our consolidated statement of income for the year ended december 31 , 2008 . the assets held for sale related to operations that were allied 2019s prior to the merger are recorded at their estimated fair values in our consolidated balance sheet as of december 31 , 2008 in accordance with the purchase method of accounting . in february 2009 , we entered into an agreement to divest certain assets to waste connections , inc . the assets covered by the agreement include six municipal solid waste landfills , six collection operations and three transfer stations across the following seven markets : los angeles , ca ; denver , co ; houston , tx ; lubbock , tx ; greenville-spartanburg , sc ; charlotte , nc ; and flint , mi . the transaction with waste connections is subject to closing conditions regarding due diligence , regulatory approval and other customary matters . closing is expected to occur in the second quarter of 2009 . republic services , inc . and subsidiaries notes to consolidated financial statements %%transmsg*** transmitting job : p14076 pcn : 106000000 ***%%pcmsg|104 |00046|yes|no|02/28/2009 21:07|0|0|page is valid , no graphics -- color : d| .
Question: in the year of 2008, what was the income from continuing operations available to common stockholders?
Answer: 285.7
Question: and what were the basic earnings per share?
Answer: 0.76
Question: what, then, can be concluded to be the number of shares available?
Answer: 375.92105
Question: in that same year, what was the revenue?
| 9362.2 | 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.
|
substantially all of the goodwill and other intangible assets recorded related to the acquisition of allied are not deductible for tax purposes . pro forma information the consolidated financial statements presented for republic include the operating results of allied from the date of the acquisition . the following pro forma information is presented assuming the merger had been completed as of january 1 , 2007 . the unaudited pro forma information presented below has been prepared for illustrative purposes and is not intended to be indicative of the results of operations that would have actually occurred had the acquisition been consummated at the beginning of the periods presented or of future results of the combined operations ( in millions , except share and per share amounts ) . year ended december 31 , year ended december 31 , ( unaudited ) ( unaudited ) . <table class='wikitable'><tr><td>1</td><td>-</td><td>year ended december 31 2008 ( unaudited )</td><td>year ended december 31 2007 ( unaudited )</td></tr><tr><td>2</td><td>revenue</td><td>$ 9362.2</td><td>$ 9244.9</td></tr><tr><td>3</td><td>income from continuing operations available to common stockholders</td><td>285.7</td><td>423.2</td></tr><tr><td>4</td><td>basic earnings per share</td><td>.76</td><td>1.10</td></tr><tr><td>5</td><td>diluted earnings per share</td><td>.75</td><td>1.09</td></tr></table> the above unaudited pro forma financial information includes adjustments for amortization of identifiable intangible assets , accretion of discounts to fair value associated with debt , environmental , self-insurance and other liabilities , accretion of capping , closure and post-closure obligations and amortization of the related assets , and provision for income taxes . assets held for sale as a condition of the merger with allied in december 2008 , we reached a settlement with the doj requiring us to divest of certain operations serving fifteen metropolitan areas including los angeles , ca ; san francisco , ca ; denver , co ; atlanta , ga ; northwestern indiana ; lexington , ky ; flint , mi ; cape girardeau , mo ; charlotte , nc ; cleveland , oh ; philadelphia , pa ; greenville-spartanburg , sc ; and fort worth , houston and lubbock , tx . the settlement requires us to divest 87 commercial waste collection routes , nine landfills and ten transfer stations , together with ancillary assets and , in three cases , access to landfill disposal capacity . we have classified the assets and liabilities we expect to divest ( including accounts receivable , property and equipment , goodwill , and accrued landfill and environmental costs ) as assets held for sale in our consolidated balance sheet at december 31 , 2008 . the assets held for sale related to operations that were republic 2019s prior to the merger with allied have been adjusted to the lower of their carrying amounts or estimated fair values less costs to sell , which resulted in us recognizing an asset impairment loss of $ 6.1 million in our consolidated statement of income for the year ended december 31 , 2008 . the assets held for sale related to operations that were allied 2019s prior to the merger are recorded at their estimated fair values in our consolidated balance sheet as of december 31 , 2008 in accordance with the purchase method of accounting . in february 2009 , we entered into an agreement to divest certain assets to waste connections , inc . the assets covered by the agreement include six municipal solid waste landfills , six collection operations and three transfer stations across the following seven markets : los angeles , ca ; denver , co ; houston , tx ; lubbock , tx ; greenville-spartanburg , sc ; charlotte , nc ; and flint , mi . the transaction with waste connections is subject to closing conditions regarding due diligence , regulatory approval and other customary matters . closing is expected to occur in the second quarter of 2009 . republic services , inc . and subsidiaries notes to consolidated financial statements %%transmsg*** transmitting job : p14076 pcn : 106000000 ***%%pcmsg|104 |00046|yes|no|02/28/2009 21:07|0|0|page is valid , no graphics -- color : d| .
Question: in the year of 2008, what was the income from continuing operations available to common stockholders?
Answer: 285.7
Question: and what were the basic earnings per share?
Answer: 0.76
Question: what, then, can be concluded to be the number of shares available?
Answer: 375.92105
Question: in that same year, what was the revenue?
Answer: 9362.2
Question: and what was it in 2007?
| 9244.9 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
|
substantially all of the goodwill and other intangible assets recorded related to the acquisition of allied are not deductible for tax purposes . pro forma information the consolidated financial statements presented for republic include the operating results of allied from the date of the acquisition . the following pro forma information is presented assuming the merger had been completed as of january 1 , 2007 . the unaudited pro forma information presented below has been prepared for illustrative purposes and is not intended to be indicative of the results of operations that would have actually occurred had the acquisition been consummated at the beginning of the periods presented or of future results of the combined operations ( in millions , except share and per share amounts ) . year ended december 31 , year ended december 31 , ( unaudited ) ( unaudited ) . <table class='wikitable'><tr><td>1</td><td>-</td><td>year ended december 31 2008 ( unaudited )</td><td>year ended december 31 2007 ( unaudited )</td></tr><tr><td>2</td><td>revenue</td><td>$ 9362.2</td><td>$ 9244.9</td></tr><tr><td>3</td><td>income from continuing operations available to common stockholders</td><td>285.7</td><td>423.2</td></tr><tr><td>4</td><td>basic earnings per share</td><td>.76</td><td>1.10</td></tr><tr><td>5</td><td>diluted earnings per share</td><td>.75</td><td>1.09</td></tr></table> the above unaudited pro forma financial information includes adjustments for amortization of identifiable intangible assets , accretion of discounts to fair value associated with debt , environmental , self-insurance and other liabilities , accretion of capping , closure and post-closure obligations and amortization of the related assets , and provision for income taxes . assets held for sale as a condition of the merger with allied in december 2008 , we reached a settlement with the doj requiring us to divest of certain operations serving fifteen metropolitan areas including los angeles , ca ; san francisco , ca ; denver , co ; atlanta , ga ; northwestern indiana ; lexington , ky ; flint , mi ; cape girardeau , mo ; charlotte , nc ; cleveland , oh ; philadelphia , pa ; greenville-spartanburg , sc ; and fort worth , houston and lubbock , tx . the settlement requires us to divest 87 commercial waste collection routes , nine landfills and ten transfer stations , together with ancillary assets and , in three cases , access to landfill disposal capacity . we have classified the assets and liabilities we expect to divest ( including accounts receivable , property and equipment , goodwill , and accrued landfill and environmental costs ) as assets held for sale in our consolidated balance sheet at december 31 , 2008 . the assets held for sale related to operations that were republic 2019s prior to the merger with allied have been adjusted to the lower of their carrying amounts or estimated fair values less costs to sell , which resulted in us recognizing an asset impairment loss of $ 6.1 million in our consolidated statement of income for the year ended december 31 , 2008 . the assets held for sale related to operations that were allied 2019s prior to the merger are recorded at their estimated fair values in our consolidated balance sheet as of december 31 , 2008 in accordance with the purchase method of accounting . in february 2009 , we entered into an agreement to divest certain assets to waste connections , inc . the assets covered by the agreement include six municipal solid waste landfills , six collection operations and three transfer stations across the following seven markets : los angeles , ca ; denver , co ; houston , tx ; lubbock , tx ; greenville-spartanburg , sc ; charlotte , nc ; and flint , mi . the transaction with waste connections is subject to closing conditions regarding due diligence , regulatory approval and other customary matters . closing is expected to occur in the second quarter of 2009 . republic services , inc . and subsidiaries notes to consolidated financial statements %%transmsg*** transmitting job : p14076 pcn : 106000000 ***%%pcmsg|104 |00046|yes|no|02/28/2009 21:07|0|0|page is valid , no graphics -- color : d| .
Question: in the year of 2008, what was the income from continuing operations available to common stockholders?
Answer: 285.7
Question: and what were the basic earnings per share?
Answer: 0.76
Question: what, then, can be concluded to be the number of shares available?
Answer: 375.92105
Question: in that same year, what was the revenue?
Answer: 9362.2
Question: and what was it in 2007?
Answer: 9244.9
Question: what was, then, the change over the year?
| 117.3 | 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.
|
substantially all of the goodwill and other intangible assets recorded related to the acquisition of allied are not deductible for tax purposes . pro forma information the consolidated financial statements presented for republic include the operating results of allied from the date of the acquisition . the following pro forma information is presented assuming the merger had been completed as of january 1 , 2007 . the unaudited pro forma information presented below has been prepared for illustrative purposes and is not intended to be indicative of the results of operations that would have actually occurred had the acquisition been consummated at the beginning of the periods presented or of future results of the combined operations ( in millions , except share and per share amounts ) . year ended december 31 , year ended december 31 , ( unaudited ) ( unaudited ) . <table class='wikitable'><tr><td>1</td><td>-</td><td>year ended december 31 2008 ( unaudited )</td><td>year ended december 31 2007 ( unaudited )</td></tr><tr><td>2</td><td>revenue</td><td>$ 9362.2</td><td>$ 9244.9</td></tr><tr><td>3</td><td>income from continuing operations available to common stockholders</td><td>285.7</td><td>423.2</td></tr><tr><td>4</td><td>basic earnings per share</td><td>.76</td><td>1.10</td></tr><tr><td>5</td><td>diluted earnings per share</td><td>.75</td><td>1.09</td></tr></table> the above unaudited pro forma financial information includes adjustments for amortization of identifiable intangible assets , accretion of discounts to fair value associated with debt , environmental , self-insurance and other liabilities , accretion of capping , closure and post-closure obligations and amortization of the related assets , and provision for income taxes . assets held for sale as a condition of the merger with allied in december 2008 , we reached a settlement with the doj requiring us to divest of certain operations serving fifteen metropolitan areas including los angeles , ca ; san francisco , ca ; denver , co ; atlanta , ga ; northwestern indiana ; lexington , ky ; flint , mi ; cape girardeau , mo ; charlotte , nc ; cleveland , oh ; philadelphia , pa ; greenville-spartanburg , sc ; and fort worth , houston and lubbock , tx . the settlement requires us to divest 87 commercial waste collection routes , nine landfills and ten transfer stations , together with ancillary assets and , in three cases , access to landfill disposal capacity . we have classified the assets and liabilities we expect to divest ( including accounts receivable , property and equipment , goodwill , and accrued landfill and environmental costs ) as assets held for sale in our consolidated balance sheet at december 31 , 2008 . the assets held for sale related to operations that were republic 2019s prior to the merger with allied have been adjusted to the lower of their carrying amounts or estimated fair values less costs to sell , which resulted in us recognizing an asset impairment loss of $ 6.1 million in our consolidated statement of income for the year ended december 31 , 2008 . the assets held for sale related to operations that were allied 2019s prior to the merger are recorded at their estimated fair values in our consolidated balance sheet as of december 31 , 2008 in accordance with the purchase method of accounting . in february 2009 , we entered into an agreement to divest certain assets to waste connections , inc . the assets covered by the agreement include six municipal solid waste landfills , six collection operations and three transfer stations across the following seven markets : los angeles , ca ; denver , co ; houston , tx ; lubbock , tx ; greenville-spartanburg , sc ; charlotte , nc ; and flint , mi . the transaction with waste connections is subject to closing conditions regarding due diligence , regulatory approval and other customary matters . closing is expected to occur in the second quarter of 2009 . republic services , inc . and subsidiaries notes to consolidated financial statements %%transmsg*** transmitting job : p14076 pcn : 106000000 ***%%pcmsg|104 |00046|yes|no|02/28/2009 21:07|0|0|page is valid , no graphics -- color : d| .
Question: in the year of 2008, what was the income from continuing operations available to common stockholders?
Answer: 285.7
Question: and what were the basic earnings per share?
Answer: 0.76
Question: what, then, can be concluded to be the number of shares available?
Answer: 375.92105
Question: in that same year, what was the revenue?
Answer: 9362.2
Question: and what was it in 2007?
Answer: 9244.9
Question: what was, then, the change over the year?
Answer: 117.3
Question: and what is this change as a percentage of the 2007 revenue?
| 0.01269 | 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.
|
higher average borrowings . additionally , the recapitalization that occurred late in the first quarter of 2005 resulted in a full year of interest in 2006 as compared to approximately ten months in 2005 . the increase in interest expense in 2005 as compared to 2004 also resulted from the recapitalization in 2005 . income tax expense income tax expense totaled $ 150.2 million , $ 116.1 million and $ 118.3 million for 2006 , 2005 and 2004 , respectively . this resulted in an effective tax rate of 37.2% ( 37.2 % ) , 37.2% ( 37.2 % ) and 37.6% ( 37.6 % ) for 2006 , 2005 and 2004 , respectively . net earnings net earnings totaled $ 259.1 million , $ 196.6 and $ 189.4 million for 2006 , 2005 and 2004 , respectively , or $ 1.37 , $ 1.53 and $ 1.48 per diluted share , respectively . segment results of operations transaction processing services ( in thousands ) . <table class='wikitable'><tr><td>1</td><td>-</td><td>2006</td><td>2005</td><td>2004</td></tr><tr><td>2</td><td>processing and services revenues</td><td>$ 2458777</td><td>$ 1208430</td><td>$ 892033</td></tr><tr><td>3</td><td>cost of revenues</td><td>1914148</td><td>904124</td><td>667078</td></tr><tr><td>4</td><td>gross profit</td><td>544629</td><td>304306</td><td>224955</td></tr><tr><td>5</td><td>selling general and administrative expenses</td><td>171106</td><td>94889</td><td>99581</td></tr><tr><td>6</td><td>research and development costs</td><td>70879</td><td>85702</td><td>54038</td></tr><tr><td>7</td><td>operating income</td><td>$ 302644</td><td>$ 123715</td><td>$ 71336</td></tr></table> revenues for the transaction processing services segment are derived from three main revenue channels ; enterprise solutions , integrated financial solutions and international . revenues from transaction processing services totaled $ 2458.8 million , $ 1208.4 and $ 892.0 million for 2006 , 2005 and 2004 , respectively . the overall segment increase of $ 1250.4 million during 2006 , as compared to 2005 was primarily attributable to the certegy merger which contributed $ 1067.2 million to the overall increase . the majority of the remaining 2006 growth is attributable to organic growth within the historically owned integrated financial solutions and international revenue channels , with international including $ 31.9 million related to the newly formed business process outsourcing operation in brazil . the overall segment increase of $ 316.4 in 2005 as compared to 2004 results from the inclusion of a full year of results for the 2004 acquisitions of aurum , sanchez , kordoba , and intercept , which contributed $ 301.1 million of the increase . cost of revenues for the transaction processing services segment totaled $ 1914.1 million , $ 904.1 million and $ 667.1 million for 2006 , 2005 and 2004 , respectively . the overall segment increase of $ 1010.0 million during 2006 as compared to 2005 was primarily attributable to the certegy merger which contributed $ 848.2 million to the increase . gross profit as a percentage of revenues ( 201cgross margin 201d ) was 22.2% ( 22.2 % ) , 25.2% ( 25.2 % ) and 25.2% ( 25.2 % ) for 2006 , 2005 and 2004 , respectively . the decrease in gross profit in 2006 as compared to 2005 is primarily due to the february 1 , 2006 certegy merger , which businesses typically have lower margins than those of the historically owned fis businesses . incremental intangible asset amortization relating to the certegy merger also contributed to the decrease in gross margin . included in cost of revenues was depreciation and amortization of $ 272.4 million , $ 139.8 million , and $ 94.6 million for 2006 , 2005 and 2004 , respectively . selling , general and administrative expenses totaled $ 171.1 million , $ 94.9 million and $ 99.6 million for 2006 , 2005 and 2004 , respectively . the increase in 2006 compared to 2005 is primarily attributable to the certegy merger which contributed $ 73.7 million to the overall increase of $ 76.2 million . the decrease of $ 4.7 million in 2005 as compared to 2004 is primarily attributable to the effect of acquisition related costs in 2004 . included in selling , general and administrative expenses was depreciation and amortization of $ 11.0 million , $ 9.1 million and $ 2.3 million for 2006 , 2005 and 2004 , respectively. .
Question: what was the operating income in 2005?
| 123715.0 | 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.
|
higher average borrowings . additionally , the recapitalization that occurred late in the first quarter of 2005 resulted in a full year of interest in 2006 as compared to approximately ten months in 2005 . the increase in interest expense in 2005 as compared to 2004 also resulted from the recapitalization in 2005 . income tax expense income tax expense totaled $ 150.2 million , $ 116.1 million and $ 118.3 million for 2006 , 2005 and 2004 , respectively . this resulted in an effective tax rate of 37.2% ( 37.2 % ) , 37.2% ( 37.2 % ) and 37.6% ( 37.6 % ) for 2006 , 2005 and 2004 , respectively . net earnings net earnings totaled $ 259.1 million , $ 196.6 and $ 189.4 million for 2006 , 2005 and 2004 , respectively , or $ 1.37 , $ 1.53 and $ 1.48 per diluted share , respectively . segment results of operations transaction processing services ( in thousands ) . <table class='wikitable'><tr><td>1</td><td>-</td><td>2006</td><td>2005</td><td>2004</td></tr><tr><td>2</td><td>processing and services revenues</td><td>$ 2458777</td><td>$ 1208430</td><td>$ 892033</td></tr><tr><td>3</td><td>cost of revenues</td><td>1914148</td><td>904124</td><td>667078</td></tr><tr><td>4</td><td>gross profit</td><td>544629</td><td>304306</td><td>224955</td></tr><tr><td>5</td><td>selling general and administrative expenses</td><td>171106</td><td>94889</td><td>99581</td></tr><tr><td>6</td><td>research and development costs</td><td>70879</td><td>85702</td><td>54038</td></tr><tr><td>7</td><td>operating income</td><td>$ 302644</td><td>$ 123715</td><td>$ 71336</td></tr></table> revenues for the transaction processing services segment are derived from three main revenue channels ; enterprise solutions , integrated financial solutions and international . revenues from transaction processing services totaled $ 2458.8 million , $ 1208.4 and $ 892.0 million for 2006 , 2005 and 2004 , respectively . the overall segment increase of $ 1250.4 million during 2006 , as compared to 2005 was primarily attributable to the certegy merger which contributed $ 1067.2 million to the overall increase . the majority of the remaining 2006 growth is attributable to organic growth within the historically owned integrated financial solutions and international revenue channels , with international including $ 31.9 million related to the newly formed business process outsourcing operation in brazil . the overall segment increase of $ 316.4 in 2005 as compared to 2004 results from the inclusion of a full year of results for the 2004 acquisitions of aurum , sanchez , kordoba , and intercept , which contributed $ 301.1 million of the increase . cost of revenues for the transaction processing services segment totaled $ 1914.1 million , $ 904.1 million and $ 667.1 million for 2006 , 2005 and 2004 , respectively . the overall segment increase of $ 1010.0 million during 2006 as compared to 2005 was primarily attributable to the certegy merger which contributed $ 848.2 million to the increase . gross profit as a percentage of revenues ( 201cgross margin 201d ) was 22.2% ( 22.2 % ) , 25.2% ( 25.2 % ) and 25.2% ( 25.2 % ) for 2006 , 2005 and 2004 , respectively . the decrease in gross profit in 2006 as compared to 2005 is primarily due to the february 1 , 2006 certegy merger , which businesses typically have lower margins than those of the historically owned fis businesses . incremental intangible asset amortization relating to the certegy merger also contributed to the decrease in gross margin . included in cost of revenues was depreciation and amortization of $ 272.4 million , $ 139.8 million , and $ 94.6 million for 2006 , 2005 and 2004 , respectively . selling , general and administrative expenses totaled $ 171.1 million , $ 94.9 million and $ 99.6 million for 2006 , 2005 and 2004 , respectively . the increase in 2006 compared to 2005 is primarily attributable to the certegy merger which contributed $ 73.7 million to the overall increase of $ 76.2 million . the decrease of $ 4.7 million in 2005 as compared to 2004 is primarily attributable to the effect of acquisition related costs in 2004 . included in selling , general and administrative expenses was depreciation and amortization of $ 11.0 million , $ 9.1 million and $ 2.3 million for 2006 , 2005 and 2004 , respectively. .
Question: what was the operating income in 2005?
Answer: 123715.0
Question: what was it in 2004?
| 71336.0 | 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.
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higher average borrowings . additionally , the recapitalization that occurred late in the first quarter of 2005 resulted in a full year of interest in 2006 as compared to approximately ten months in 2005 . the increase in interest expense in 2005 as compared to 2004 also resulted from the recapitalization in 2005 . income tax expense income tax expense totaled $ 150.2 million , $ 116.1 million and $ 118.3 million for 2006 , 2005 and 2004 , respectively . this resulted in an effective tax rate of 37.2% ( 37.2 % ) , 37.2% ( 37.2 % ) and 37.6% ( 37.6 % ) for 2006 , 2005 and 2004 , respectively . net earnings net earnings totaled $ 259.1 million , $ 196.6 and $ 189.4 million for 2006 , 2005 and 2004 , respectively , or $ 1.37 , $ 1.53 and $ 1.48 per diluted share , respectively . segment results of operations transaction processing services ( in thousands ) . <table class='wikitable'><tr><td>1</td><td>-</td><td>2006</td><td>2005</td><td>2004</td></tr><tr><td>2</td><td>processing and services revenues</td><td>$ 2458777</td><td>$ 1208430</td><td>$ 892033</td></tr><tr><td>3</td><td>cost of revenues</td><td>1914148</td><td>904124</td><td>667078</td></tr><tr><td>4</td><td>gross profit</td><td>544629</td><td>304306</td><td>224955</td></tr><tr><td>5</td><td>selling general and administrative expenses</td><td>171106</td><td>94889</td><td>99581</td></tr><tr><td>6</td><td>research and development costs</td><td>70879</td><td>85702</td><td>54038</td></tr><tr><td>7</td><td>operating income</td><td>$ 302644</td><td>$ 123715</td><td>$ 71336</td></tr></table> revenues for the transaction processing services segment are derived from three main revenue channels ; enterprise solutions , integrated financial solutions and international . revenues from transaction processing services totaled $ 2458.8 million , $ 1208.4 and $ 892.0 million for 2006 , 2005 and 2004 , respectively . the overall segment increase of $ 1250.4 million during 2006 , as compared to 2005 was primarily attributable to the certegy merger which contributed $ 1067.2 million to the overall increase . the majority of the remaining 2006 growth is attributable to organic growth within the historically owned integrated financial solutions and international revenue channels , with international including $ 31.9 million related to the newly formed business process outsourcing operation in brazil . the overall segment increase of $ 316.4 in 2005 as compared to 2004 results from the inclusion of a full year of results for the 2004 acquisitions of aurum , sanchez , kordoba , and intercept , which contributed $ 301.1 million of the increase . cost of revenues for the transaction processing services segment totaled $ 1914.1 million , $ 904.1 million and $ 667.1 million for 2006 , 2005 and 2004 , respectively . the overall segment increase of $ 1010.0 million during 2006 as compared to 2005 was primarily attributable to the certegy merger which contributed $ 848.2 million to the increase . gross profit as a percentage of revenues ( 201cgross margin 201d ) was 22.2% ( 22.2 % ) , 25.2% ( 25.2 % ) and 25.2% ( 25.2 % ) for 2006 , 2005 and 2004 , respectively . the decrease in gross profit in 2006 as compared to 2005 is primarily due to the february 1 , 2006 certegy merger , which businesses typically have lower margins than those of the historically owned fis businesses . incremental intangible asset amortization relating to the certegy merger also contributed to the decrease in gross margin . included in cost of revenues was depreciation and amortization of $ 272.4 million , $ 139.8 million , and $ 94.6 million for 2006 , 2005 and 2004 , respectively . selling , general and administrative expenses totaled $ 171.1 million , $ 94.9 million and $ 99.6 million for 2006 , 2005 and 2004 , respectively . the increase in 2006 compared to 2005 is primarily attributable to the certegy merger which contributed $ 73.7 million to the overall increase of $ 76.2 million . the decrease of $ 4.7 million in 2005 as compared to 2004 is primarily attributable to the effect of acquisition related costs in 2004 . included in selling , general and administrative expenses was depreciation and amortization of $ 11.0 million , $ 9.1 million and $ 2.3 million for 2006 , 2005 and 2004 , respectively. .
Question: what was the operating income in 2005?
Answer: 123715.0
Question: what was it in 2004?
Answer: 71336.0
Question: what is the difference of 2005 less 2004?
| 52379.0 | 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.
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higher average borrowings . additionally , the recapitalization that occurred late in the first quarter of 2005 resulted in a full year of interest in 2006 as compared to approximately ten months in 2005 . the increase in interest expense in 2005 as compared to 2004 also resulted from the recapitalization in 2005 . income tax expense income tax expense totaled $ 150.2 million , $ 116.1 million and $ 118.3 million for 2006 , 2005 and 2004 , respectively . this resulted in an effective tax rate of 37.2% ( 37.2 % ) , 37.2% ( 37.2 % ) and 37.6% ( 37.6 % ) for 2006 , 2005 and 2004 , respectively . net earnings net earnings totaled $ 259.1 million , $ 196.6 and $ 189.4 million for 2006 , 2005 and 2004 , respectively , or $ 1.37 , $ 1.53 and $ 1.48 per diluted share , respectively . segment results of operations transaction processing services ( in thousands ) . <table class='wikitable'><tr><td>1</td><td>-</td><td>2006</td><td>2005</td><td>2004</td></tr><tr><td>2</td><td>processing and services revenues</td><td>$ 2458777</td><td>$ 1208430</td><td>$ 892033</td></tr><tr><td>3</td><td>cost of revenues</td><td>1914148</td><td>904124</td><td>667078</td></tr><tr><td>4</td><td>gross profit</td><td>544629</td><td>304306</td><td>224955</td></tr><tr><td>5</td><td>selling general and administrative expenses</td><td>171106</td><td>94889</td><td>99581</td></tr><tr><td>6</td><td>research and development costs</td><td>70879</td><td>85702</td><td>54038</td></tr><tr><td>7</td><td>operating income</td><td>$ 302644</td><td>$ 123715</td><td>$ 71336</td></tr></table> revenues for the transaction processing services segment are derived from three main revenue channels ; enterprise solutions , integrated financial solutions and international . revenues from transaction processing services totaled $ 2458.8 million , $ 1208.4 and $ 892.0 million for 2006 , 2005 and 2004 , respectively . the overall segment increase of $ 1250.4 million during 2006 , as compared to 2005 was primarily attributable to the certegy merger which contributed $ 1067.2 million to the overall increase . the majority of the remaining 2006 growth is attributable to organic growth within the historically owned integrated financial solutions and international revenue channels , with international including $ 31.9 million related to the newly formed business process outsourcing operation in brazil . the overall segment increase of $ 316.4 in 2005 as compared to 2004 results from the inclusion of a full year of results for the 2004 acquisitions of aurum , sanchez , kordoba , and intercept , which contributed $ 301.1 million of the increase . cost of revenues for the transaction processing services segment totaled $ 1914.1 million , $ 904.1 million and $ 667.1 million for 2006 , 2005 and 2004 , respectively . the overall segment increase of $ 1010.0 million during 2006 as compared to 2005 was primarily attributable to the certegy merger which contributed $ 848.2 million to the increase . gross profit as a percentage of revenues ( 201cgross margin 201d ) was 22.2% ( 22.2 % ) , 25.2% ( 25.2 % ) and 25.2% ( 25.2 % ) for 2006 , 2005 and 2004 , respectively . the decrease in gross profit in 2006 as compared to 2005 is primarily due to the february 1 , 2006 certegy merger , which businesses typically have lower margins than those of the historically owned fis businesses . incremental intangible asset amortization relating to the certegy merger also contributed to the decrease in gross margin . included in cost of revenues was depreciation and amortization of $ 272.4 million , $ 139.8 million , and $ 94.6 million for 2006 , 2005 and 2004 , respectively . selling , general and administrative expenses totaled $ 171.1 million , $ 94.9 million and $ 99.6 million for 2006 , 2005 and 2004 , respectively . the increase in 2006 compared to 2005 is primarily attributable to the certegy merger which contributed $ 73.7 million to the overall increase of $ 76.2 million . the decrease of $ 4.7 million in 2005 as compared to 2004 is primarily attributable to the effect of acquisition related costs in 2004 . included in selling , general and administrative expenses was depreciation and amortization of $ 11.0 million , $ 9.1 million and $ 2.3 million for 2006 , 2005 and 2004 , respectively. .
Question: what was the operating income in 2005?
Answer: 123715.0
Question: what was it in 2004?
Answer: 71336.0
Question: what is the difference of 2005 less 2004?
Answer: 52379.0
Question: what is that change over the 2004 value?
| 0.73426 | 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.
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table of contents the company concluded that the acquisition of sentinelle medical did not represent a material business combination , and therefore , no pro forma financial information has been provided herein . subsequent to the acquisition date , the company 2019s results of operations include the results of sentinelle medical , which is included within the company 2019s breast health reporting segment . the company accounted for the sentinelle medical acquisition as a purchase of a business under asc 805 . the purchase price was comprised of an $ 84.8 million cash payment , which was net of certain adjustments , plus three contingent payments up to a maximum of an additional $ 250.0 million in cash . the contingent payments are based on a multiple of incremental revenue growth during the two-year period following the completion of the acquisition as follows : six months after acquisition , 12 months after acquisition , and 24 months after acquisition . pursuant to asc 805 , the company recorded its estimate of the fair value of the contingent consideration liability based on future revenue projections of the sentinelle medical business under various potential scenarios and weighted probability assumptions of these outcomes . as of the date of acquisition , these cash flow projections were discounted using a rate of 16.5% ( 16.5 % ) . the discount rate is based on the weighted-average cost of capital of the acquired business plus a credit risk premium for non-performance risk related to the liability pursuant to asc 820 . this analysis resulted in an initial contingent consideration liability of $ 29.5 million , which will be adjusted periodically as a component of operating expenses based on changes in the fair value of the liability driven by the accretion of the liability for the time value of money and changes in the assumptions pertaining to the achievement of the defined revenue growth milestones . this fair value measurement was based on significant inputs not observable in the market and thus represented a level 3 measurement as defined in asc during each quarter in fiscal 2011 , the company has re-evaluated its assumptions and updated the revenue and probability assumptions for future earn-out periods and lowered its projections . as a result of these adjustments , which were partially offset by the accretion of the liability , and using a current discount rate of approximately 17.0% ( 17.0 % ) , the company recorded a reversal of expense of $ 14.3 million in fiscal 2011 to record the contingent consideration liability at fair value . in addition , during the second quarter of fiscal 2011 , the first earn-out period ended , and the company adjusted the fair value of the contingent consideration liability for actual results during the earn-out period . this payment of $ 4.3 million was made in the third quarter of fiscal 2011 . at september 24 , 2011 , the fair value of the liability is $ 10.9 million . the company did not issue any equity awards in connection with this acquisition . the company incurred third-party transaction costs of $ 1.2 million , which were expensed within general and administrative expenses in fiscal 2010 . the purchase price was as follows: . <table class='wikitable'><tr><td>1</td><td>cash</td><td>$ 84751</td></tr><tr><td>2</td><td>contingent consideration</td><td>29500</td></tr><tr><td>3</td><td>total purchase price</td><td>$ 114251</td></tr></table> source : hologic inc , 10-k , november 23 , 2011 powered by morningstar ae document research 2120 the information contained herein may not be copied , adapted or distributed and is not warranted to be accurate , complete or timely . the user assumes all risks for any damages or losses arising from any use of this information , except to the extent such damages or losses cannot be limited or excluded by applicable law . past financial performance is no guarantee of future results. .
Question: what is the maximum value of contingent plan payments?
| 250.0 | 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.
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table of contents the company concluded that the acquisition of sentinelle medical did not represent a material business combination , and therefore , no pro forma financial information has been provided herein . subsequent to the acquisition date , the company 2019s results of operations include the results of sentinelle medical , which is included within the company 2019s breast health reporting segment . the company accounted for the sentinelle medical acquisition as a purchase of a business under asc 805 . the purchase price was comprised of an $ 84.8 million cash payment , which was net of certain adjustments , plus three contingent payments up to a maximum of an additional $ 250.0 million in cash . the contingent payments are based on a multiple of incremental revenue growth during the two-year period following the completion of the acquisition as follows : six months after acquisition , 12 months after acquisition , and 24 months after acquisition . pursuant to asc 805 , the company recorded its estimate of the fair value of the contingent consideration liability based on future revenue projections of the sentinelle medical business under various potential scenarios and weighted probability assumptions of these outcomes . as of the date of acquisition , these cash flow projections were discounted using a rate of 16.5% ( 16.5 % ) . the discount rate is based on the weighted-average cost of capital of the acquired business plus a credit risk premium for non-performance risk related to the liability pursuant to asc 820 . this analysis resulted in an initial contingent consideration liability of $ 29.5 million , which will be adjusted periodically as a component of operating expenses based on changes in the fair value of the liability driven by the accretion of the liability for the time value of money and changes in the assumptions pertaining to the achievement of the defined revenue growth milestones . this fair value measurement was based on significant inputs not observable in the market and thus represented a level 3 measurement as defined in asc during each quarter in fiscal 2011 , the company has re-evaluated its assumptions and updated the revenue and probability assumptions for future earn-out periods and lowered its projections . as a result of these adjustments , which were partially offset by the accretion of the liability , and using a current discount rate of approximately 17.0% ( 17.0 % ) , the company recorded a reversal of expense of $ 14.3 million in fiscal 2011 to record the contingent consideration liability at fair value . in addition , during the second quarter of fiscal 2011 , the first earn-out period ended , and the company adjusted the fair value of the contingent consideration liability for actual results during the earn-out period . this payment of $ 4.3 million was made in the third quarter of fiscal 2011 . at september 24 , 2011 , the fair value of the liability is $ 10.9 million . the company did not issue any equity awards in connection with this acquisition . the company incurred third-party transaction costs of $ 1.2 million , which were expensed within general and administrative expenses in fiscal 2010 . the purchase price was as follows: . <table class='wikitable'><tr><td>1</td><td>cash</td><td>$ 84751</td></tr><tr><td>2</td><td>contingent consideration</td><td>29500</td></tr><tr><td>3</td><td>total purchase price</td><td>$ 114251</td></tr></table> source : hologic inc , 10-k , november 23 , 2011 powered by morningstar ae document research 2120 the information contained herein may not be copied , adapted or distributed and is not warranted to be accurate , complete or timely . the user assumes all risks for any damages or losses arising from any use of this information , except to the extent such damages or losses cannot be limited or excluded by applicable law . past financial performance is no guarantee of future results. .
Question: what is the maximum value of contingent plan payments?
Answer: 250.0
Question: what is that times 3?
| 750.0 | 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.
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table of contents the company concluded that the acquisition of sentinelle medical did not represent a material business combination , and therefore , no pro forma financial information has been provided herein . subsequent to the acquisition date , the company 2019s results of operations include the results of sentinelle medical , which is included within the company 2019s breast health reporting segment . the company accounted for the sentinelle medical acquisition as a purchase of a business under asc 805 . the purchase price was comprised of an $ 84.8 million cash payment , which was net of certain adjustments , plus three contingent payments up to a maximum of an additional $ 250.0 million in cash . the contingent payments are based on a multiple of incremental revenue growth during the two-year period following the completion of the acquisition as follows : six months after acquisition , 12 months after acquisition , and 24 months after acquisition . pursuant to asc 805 , the company recorded its estimate of the fair value of the contingent consideration liability based on future revenue projections of the sentinelle medical business under various potential scenarios and weighted probability assumptions of these outcomes . as of the date of acquisition , these cash flow projections were discounted using a rate of 16.5% ( 16.5 % ) . the discount rate is based on the weighted-average cost of capital of the acquired business plus a credit risk premium for non-performance risk related to the liability pursuant to asc 820 . this analysis resulted in an initial contingent consideration liability of $ 29.5 million , which will be adjusted periodically as a component of operating expenses based on changes in the fair value of the liability driven by the accretion of the liability for the time value of money and changes in the assumptions pertaining to the achievement of the defined revenue growth milestones . this fair value measurement was based on significant inputs not observable in the market and thus represented a level 3 measurement as defined in asc during each quarter in fiscal 2011 , the company has re-evaluated its assumptions and updated the revenue and probability assumptions for future earn-out periods and lowered its projections . as a result of these adjustments , which were partially offset by the accretion of the liability , and using a current discount rate of approximately 17.0% ( 17.0 % ) , the company recorded a reversal of expense of $ 14.3 million in fiscal 2011 to record the contingent consideration liability at fair value . in addition , during the second quarter of fiscal 2011 , the first earn-out period ended , and the company adjusted the fair value of the contingent consideration liability for actual results during the earn-out period . this payment of $ 4.3 million was made in the third quarter of fiscal 2011 . at september 24 , 2011 , the fair value of the liability is $ 10.9 million . the company did not issue any equity awards in connection with this acquisition . the company incurred third-party transaction costs of $ 1.2 million , which were expensed within general and administrative expenses in fiscal 2010 . the purchase price was as follows: . <table class='wikitable'><tr><td>1</td><td>cash</td><td>$ 84751</td></tr><tr><td>2</td><td>contingent consideration</td><td>29500</td></tr><tr><td>3</td><td>total purchase price</td><td>$ 114251</td></tr></table> source : hologic inc , 10-k , november 23 , 2011 powered by morningstar ae document research 2120 the information contained herein may not be copied , adapted or distributed and is not warranted to be accurate , complete or timely . the user assumes all risks for any damages or losses arising from any use of this information , except to the extent such damages or losses cannot be limited or excluded by applicable law . past financial performance is no guarantee of future results. .
Question: what is the maximum value of contingent plan payments?
Answer: 250.0
Question: what is that times 3?
Answer: 750.0
Question: what was the purchase price?
| 84.8 | 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.
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table of contents the company concluded that the acquisition of sentinelle medical did not represent a material business combination , and therefore , no pro forma financial information has been provided herein . subsequent to the acquisition date , the company 2019s results of operations include the results of sentinelle medical , which is included within the company 2019s breast health reporting segment . the company accounted for the sentinelle medical acquisition as a purchase of a business under asc 805 . the purchase price was comprised of an $ 84.8 million cash payment , which was net of certain adjustments , plus three contingent payments up to a maximum of an additional $ 250.0 million in cash . the contingent payments are based on a multiple of incremental revenue growth during the two-year period following the completion of the acquisition as follows : six months after acquisition , 12 months after acquisition , and 24 months after acquisition . pursuant to asc 805 , the company recorded its estimate of the fair value of the contingent consideration liability based on future revenue projections of the sentinelle medical business under various potential scenarios and weighted probability assumptions of these outcomes . as of the date of acquisition , these cash flow projections were discounted using a rate of 16.5% ( 16.5 % ) . the discount rate is based on the weighted-average cost of capital of the acquired business plus a credit risk premium for non-performance risk related to the liability pursuant to asc 820 . this analysis resulted in an initial contingent consideration liability of $ 29.5 million , which will be adjusted periodically as a component of operating expenses based on changes in the fair value of the liability driven by the accretion of the liability for the time value of money and changes in the assumptions pertaining to the achievement of the defined revenue growth milestones . this fair value measurement was based on significant inputs not observable in the market and thus represented a level 3 measurement as defined in asc during each quarter in fiscal 2011 , the company has re-evaluated its assumptions and updated the revenue and probability assumptions for future earn-out periods and lowered its projections . as a result of these adjustments , which were partially offset by the accretion of the liability , and using a current discount rate of approximately 17.0% ( 17.0 % ) , the company recorded a reversal of expense of $ 14.3 million in fiscal 2011 to record the contingent consideration liability at fair value . in addition , during the second quarter of fiscal 2011 , the first earn-out period ended , and the company adjusted the fair value of the contingent consideration liability for actual results during the earn-out period . this payment of $ 4.3 million was made in the third quarter of fiscal 2011 . at september 24 , 2011 , the fair value of the liability is $ 10.9 million . the company did not issue any equity awards in connection with this acquisition . the company incurred third-party transaction costs of $ 1.2 million , which were expensed within general and administrative expenses in fiscal 2010 . the purchase price was as follows: . <table class='wikitable'><tr><td>1</td><td>cash</td><td>$ 84751</td></tr><tr><td>2</td><td>contingent consideration</td><td>29500</td></tr><tr><td>3</td><td>total purchase price</td><td>$ 114251</td></tr></table> source : hologic inc , 10-k , november 23 , 2011 powered by morningstar ae document research 2120 the information contained herein may not be copied , adapted or distributed and is not warranted to be accurate , complete or timely . the user assumes all risks for any damages or losses arising from any use of this information , except to the extent such damages or losses cannot be limited or excluded by applicable law . past financial performance is no guarantee of future results. .
Question: what is the maximum value of contingent plan payments?
Answer: 250.0
Question: what is that times 3?
Answer: 750.0
Question: what was the purchase price?
Answer: 84.8
Question: what is the purchase price divided by the contingency payments?
| 834.8 | 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.
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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 accumulated amortization in 2005?
| 646560.0 | 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.
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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 accumulated amortization in 2005?
Answer: 646560.0
Question: and convert that into hundreds?
| 646.56 | 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.
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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 accumulated amortization in 2005?
Answer: 646560.0
Question: and convert that into hundreds?
Answer: 646.56
Question: combine that value with the amount of amortization expense recorded in 2006?
| 830.16 | 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.
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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 accumulated amortization in 2005?
Answer: 646560.0
Question: and convert that into hundreds?
Answer: 646.56
Question: combine that value with the amount of amortization expense recorded in 2006?
Answer: 830.16
Question: and combined with the amount in 2007 as well?
| 1008.46 | 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.
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liquidity and capital resources as of december 31 , 2006 , our principal sources of liquidity included cash , cash equivalents , the sale of receivables , and our revolving credit facilities , as well as the availability of commercial paper and other sources of financing through the capital markets . we had $ 2 billion of committed credit facilities available , of which there were no borrowings outstanding as of december 31 , 2006 , and we did not make any short-term borrowings under these facilities during the year . the value of the outstanding undivided interest held by investors under the sale of receivables program was $ 600 million as of december 31 , 2006 . the sale of receivables program is subject to certain requirements , including the maintenance of an investment grade bond rating . if our bond rating were to deteriorate , it could have an adverse impact on our liquidity . access to commercial paper is dependent on market conditions . deterioration of our operating results or financial condition due to internal or external factors could negatively impact our ability to utilize commercial paper as a source of liquidity . liquidity through the capital markets is also dependent on our financial stability . at both december 31 , 2006 and 2005 , we had a working capital deficit of approximately $ 1.1 billion . a working capital deficit is common in our industry and does not indicate a lack of liquidity . we maintain adequate resources to meet our daily cash requirements , and we have sufficient financial capacity to satisfy our current liabilities . financial condition cash flows millions of dollars 2006 2005 2004 . <table class='wikitable'><tr><td>1</td><td>cash flowsmillions of dollars</td><td>2006</td><td>2005</td><td>2004</td></tr><tr><td>2</td><td>cash provided by operating activities</td><td>$ 2880</td><td>$ 2595</td><td>$ 2257</td></tr><tr><td>3</td><td>cash used in investing activities</td><td>-2042 ( 2042 )</td><td>-2047 ( 2047 )</td><td>-1732 ( 1732 )</td></tr><tr><td>4</td><td>cash used in financing activities</td><td>-784 ( 784 )</td><td>-752 ( 752 )</td><td>-75 ( 75 )</td></tr><tr><td>5</td><td>net change in cash and cash equivalents</td><td>$ 54</td><td>$ -204 ( 204 )</td><td>$ 450</td></tr></table> cash provided by operating activities 2013 higher income in 2006 generated the increased cash provided by operating activities , which was partially offset by higher income tax payments , $ 150 million in voluntary pension contributions , higher material and supply inventories , and higher management incentive payments in 2006 . higher income , lower management incentive payments in 2005 ( executive bonuses , which would have been paid to individuals in 2005 , were not awarded based on company performance in 2004 and bonuses for the professional workforce that were paid out in 2005 were significantly reduced ) , and working capital performance generated higher cash from operating activities in 2005 . a voluntary pension contribution of $ 100 million in 2004 also augmented the positive year-over-year variance in 2005 as no pension contribution was made in 2005 . this improvement was partially offset by cash received in 2004 for income tax refunds . cash used in investing activities 2013 an insurance settlement for the 2005 january west coast storm and lower balances for work in process decreased the amount of cash used in investing activities in 2006 . higher capital investments and lower proceeds from asset sales partially offset this decrease . increased capital spending , partially offset by higher proceeds from asset sales , increased the amount of cash used in investing activities in 2005 compared to 2004 . cash used in financing activities 2013 the increase in cash used in financing activities primarily resulted from lower net proceeds from equity compensation plans ( $ 189 million in 2006 compared to $ 262 million in 2005 ) . the increase in 2005 results from debt issuances in 2004 and higher debt repayments in 2005 . we did not issue debt in 2005 versus $ 745 million of debt issuances in 2004 , and we repaid $ 699 million of debt in 2005 compared to $ 588 million in 2004 . the higher outflows in 2005 were partially offset by higher net proceeds from equity compensation plans ( $ 262 million in 2005 compared to $ 80 million in 2004 ) . .
Question: what was the amount of cash provided by operating activities in 2006?
| 2880.0 | 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.
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liquidity and capital resources as of december 31 , 2006 , our principal sources of liquidity included cash , cash equivalents , the sale of receivables , and our revolving credit facilities , as well as the availability of commercial paper and other sources of financing through the capital markets . we had $ 2 billion of committed credit facilities available , of which there were no borrowings outstanding as of december 31 , 2006 , and we did not make any short-term borrowings under these facilities during the year . the value of the outstanding undivided interest held by investors under the sale of receivables program was $ 600 million as of december 31 , 2006 . the sale of receivables program is subject to certain requirements , including the maintenance of an investment grade bond rating . if our bond rating were to deteriorate , it could have an adverse impact on our liquidity . access to commercial paper is dependent on market conditions . deterioration of our operating results or financial condition due to internal or external factors could negatively impact our ability to utilize commercial paper as a source of liquidity . liquidity through the capital markets is also dependent on our financial stability . at both december 31 , 2006 and 2005 , we had a working capital deficit of approximately $ 1.1 billion . a working capital deficit is common in our industry and does not indicate a lack of liquidity . we maintain adequate resources to meet our daily cash requirements , and we have sufficient financial capacity to satisfy our current liabilities . financial condition cash flows millions of dollars 2006 2005 2004 . <table class='wikitable'><tr><td>1</td><td>cash flowsmillions of dollars</td><td>2006</td><td>2005</td><td>2004</td></tr><tr><td>2</td><td>cash provided by operating activities</td><td>$ 2880</td><td>$ 2595</td><td>$ 2257</td></tr><tr><td>3</td><td>cash used in investing activities</td><td>-2042 ( 2042 )</td><td>-2047 ( 2047 )</td><td>-1732 ( 1732 )</td></tr><tr><td>4</td><td>cash used in financing activities</td><td>-784 ( 784 )</td><td>-752 ( 752 )</td><td>-75 ( 75 )</td></tr><tr><td>5</td><td>net change in cash and cash equivalents</td><td>$ 54</td><td>$ -204 ( 204 )</td><td>$ 450</td></tr></table> cash provided by operating activities 2013 higher income in 2006 generated the increased cash provided by operating activities , which was partially offset by higher income tax payments , $ 150 million in voluntary pension contributions , higher material and supply inventories , and higher management incentive payments in 2006 . higher income , lower management incentive payments in 2005 ( executive bonuses , which would have been paid to individuals in 2005 , were not awarded based on company performance in 2004 and bonuses for the professional workforce that were paid out in 2005 were significantly reduced ) , and working capital performance generated higher cash from operating activities in 2005 . a voluntary pension contribution of $ 100 million in 2004 also augmented the positive year-over-year variance in 2005 as no pension contribution was made in 2005 . this improvement was partially offset by cash received in 2004 for income tax refunds . cash used in investing activities 2013 an insurance settlement for the 2005 january west coast storm and lower balances for work in process decreased the amount of cash used in investing activities in 2006 . higher capital investments and lower proceeds from asset sales partially offset this decrease . increased capital spending , partially offset by higher proceeds from asset sales , increased the amount of cash used in investing activities in 2005 compared to 2004 . cash used in financing activities 2013 the increase in cash used in financing activities primarily resulted from lower net proceeds from equity compensation plans ( $ 189 million in 2006 compared to $ 262 million in 2005 ) . the increase in 2005 results from debt issuances in 2004 and higher debt repayments in 2005 . we did not issue debt in 2005 versus $ 745 million of debt issuances in 2004 , and we repaid $ 699 million of debt in 2005 compared to $ 588 million in 2004 . the higher outflows in 2005 were partially offset by higher net proceeds from equity compensation plans ( $ 262 million in 2005 compared to $ 80 million in 2004 ) . .
Question: what was the amount of cash provided by operating activities in 2006?
Answer: 2880.0
Question: what was the value in 2005?
| 2595.0 | 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.
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liquidity and capital resources as of december 31 , 2006 , our principal sources of liquidity included cash , cash equivalents , the sale of receivables , and our revolving credit facilities , as well as the availability of commercial paper and other sources of financing through the capital markets . we had $ 2 billion of committed credit facilities available , of which there were no borrowings outstanding as of december 31 , 2006 , and we did not make any short-term borrowings under these facilities during the year . the value of the outstanding undivided interest held by investors under the sale of receivables program was $ 600 million as of december 31 , 2006 . the sale of receivables program is subject to certain requirements , including the maintenance of an investment grade bond rating . if our bond rating were to deteriorate , it could have an adverse impact on our liquidity . access to commercial paper is dependent on market conditions . deterioration of our operating results or financial condition due to internal or external factors could negatively impact our ability to utilize commercial paper as a source of liquidity . liquidity through the capital markets is also dependent on our financial stability . at both december 31 , 2006 and 2005 , we had a working capital deficit of approximately $ 1.1 billion . a working capital deficit is common in our industry and does not indicate a lack of liquidity . we maintain adequate resources to meet our daily cash requirements , and we have sufficient financial capacity to satisfy our current liabilities . financial condition cash flows millions of dollars 2006 2005 2004 . <table class='wikitable'><tr><td>1</td><td>cash flowsmillions of dollars</td><td>2006</td><td>2005</td><td>2004</td></tr><tr><td>2</td><td>cash provided by operating activities</td><td>$ 2880</td><td>$ 2595</td><td>$ 2257</td></tr><tr><td>3</td><td>cash used in investing activities</td><td>-2042 ( 2042 )</td><td>-2047 ( 2047 )</td><td>-1732 ( 1732 )</td></tr><tr><td>4</td><td>cash used in financing activities</td><td>-784 ( 784 )</td><td>-752 ( 752 )</td><td>-75 ( 75 )</td></tr><tr><td>5</td><td>net change in cash and cash equivalents</td><td>$ 54</td><td>$ -204 ( 204 )</td><td>$ 450</td></tr></table> cash provided by operating activities 2013 higher income in 2006 generated the increased cash provided by operating activities , which was partially offset by higher income tax payments , $ 150 million in voluntary pension contributions , higher material and supply inventories , and higher management incentive payments in 2006 . higher income , lower management incentive payments in 2005 ( executive bonuses , which would have been paid to individuals in 2005 , were not awarded based on company performance in 2004 and bonuses for the professional workforce that were paid out in 2005 were significantly reduced ) , and working capital performance generated higher cash from operating activities in 2005 . a voluntary pension contribution of $ 100 million in 2004 also augmented the positive year-over-year variance in 2005 as no pension contribution was made in 2005 . this improvement was partially offset by cash received in 2004 for income tax refunds . cash used in investing activities 2013 an insurance settlement for the 2005 january west coast storm and lower balances for work in process decreased the amount of cash used in investing activities in 2006 . higher capital investments and lower proceeds from asset sales partially offset this decrease . increased capital spending , partially offset by higher proceeds from asset sales , increased the amount of cash used in investing activities in 2005 compared to 2004 . cash used in financing activities 2013 the increase in cash used in financing activities primarily resulted from lower net proceeds from equity compensation plans ( $ 189 million in 2006 compared to $ 262 million in 2005 ) . the increase in 2005 results from debt issuances in 2004 and higher debt repayments in 2005 . we did not issue debt in 2005 versus $ 745 million of debt issuances in 2004 , and we repaid $ 699 million of debt in 2005 compared to $ 588 million in 2004 . the higher outflows in 2005 were partially offset by higher net proceeds from equity compensation plans ( $ 262 million in 2005 compared to $ 80 million in 2004 ) . .
Question: what was the amount of cash provided by operating activities in 2006?
Answer: 2880.0
Question: what was the value in 2005?
Answer: 2595.0
Question: what is the net change in value?
| 285.0 | 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.
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liquidity and capital resources as of december 31 , 2006 , our principal sources of liquidity included cash , cash equivalents , the sale of receivables , and our revolving credit facilities , as well as the availability of commercial paper and other sources of financing through the capital markets . we had $ 2 billion of committed credit facilities available , of which there were no borrowings outstanding as of december 31 , 2006 , and we did not make any short-term borrowings under these facilities during the year . the value of the outstanding undivided interest held by investors under the sale of receivables program was $ 600 million as of december 31 , 2006 . the sale of receivables program is subject to certain requirements , including the maintenance of an investment grade bond rating . if our bond rating were to deteriorate , it could have an adverse impact on our liquidity . access to commercial paper is dependent on market conditions . deterioration of our operating results or financial condition due to internal or external factors could negatively impact our ability to utilize commercial paper as a source of liquidity . liquidity through the capital markets is also dependent on our financial stability . at both december 31 , 2006 and 2005 , we had a working capital deficit of approximately $ 1.1 billion . a working capital deficit is common in our industry and does not indicate a lack of liquidity . we maintain adequate resources to meet our daily cash requirements , and we have sufficient financial capacity to satisfy our current liabilities . financial condition cash flows millions of dollars 2006 2005 2004 . <table class='wikitable'><tr><td>1</td><td>cash flowsmillions of dollars</td><td>2006</td><td>2005</td><td>2004</td></tr><tr><td>2</td><td>cash provided by operating activities</td><td>$ 2880</td><td>$ 2595</td><td>$ 2257</td></tr><tr><td>3</td><td>cash used in investing activities</td><td>-2042 ( 2042 )</td><td>-2047 ( 2047 )</td><td>-1732 ( 1732 )</td></tr><tr><td>4</td><td>cash used in financing activities</td><td>-784 ( 784 )</td><td>-752 ( 752 )</td><td>-75 ( 75 )</td></tr><tr><td>5</td><td>net change in cash and cash equivalents</td><td>$ 54</td><td>$ -204 ( 204 )</td><td>$ 450</td></tr></table> cash provided by operating activities 2013 higher income in 2006 generated the increased cash provided by operating activities , which was partially offset by higher income tax payments , $ 150 million in voluntary pension contributions , higher material and supply inventories , and higher management incentive payments in 2006 . higher income , lower management incentive payments in 2005 ( executive bonuses , which would have been paid to individuals in 2005 , were not awarded based on company performance in 2004 and bonuses for the professional workforce that were paid out in 2005 were significantly reduced ) , and working capital performance generated higher cash from operating activities in 2005 . a voluntary pension contribution of $ 100 million in 2004 also augmented the positive year-over-year variance in 2005 as no pension contribution was made in 2005 . this improvement was partially offset by cash received in 2004 for income tax refunds . cash used in investing activities 2013 an insurance settlement for the 2005 january west coast storm and lower balances for work in process decreased the amount of cash used in investing activities in 2006 . higher capital investments and lower proceeds from asset sales partially offset this decrease . increased capital spending , partially offset by higher proceeds from asset sales , increased the amount of cash used in investing activities in 2005 compared to 2004 . cash used in financing activities 2013 the increase in cash used in financing activities primarily resulted from lower net proceeds from equity compensation plans ( $ 189 million in 2006 compared to $ 262 million in 2005 ) . the increase in 2005 results from debt issuances in 2004 and higher debt repayments in 2005 . we did not issue debt in 2005 versus $ 745 million of debt issuances in 2004 , and we repaid $ 699 million of debt in 2005 compared to $ 588 million in 2004 . the higher outflows in 2005 were partially offset by higher net proceeds from equity compensation plans ( $ 262 million in 2005 compared to $ 80 million in 2004 ) . .
Question: what was the amount of cash provided by operating activities in 2006?
Answer: 2880.0
Question: what was the value in 2005?
Answer: 2595.0
Question: what is the net change in value?
Answer: 285.0
Question: what was the 2005 value?
| 2595.0 | 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.
|
liquidity and capital resources as of december 31 , 2006 , our principal sources of liquidity included cash , cash equivalents , the sale of receivables , and our revolving credit facilities , as well as the availability of commercial paper and other sources of financing through the capital markets . we had $ 2 billion of committed credit facilities available , of which there were no borrowings outstanding as of december 31 , 2006 , and we did not make any short-term borrowings under these facilities during the year . the value of the outstanding undivided interest held by investors under the sale of receivables program was $ 600 million as of december 31 , 2006 . the sale of receivables program is subject to certain requirements , including the maintenance of an investment grade bond rating . if our bond rating were to deteriorate , it could have an adverse impact on our liquidity . access to commercial paper is dependent on market conditions . deterioration of our operating results or financial condition due to internal or external factors could negatively impact our ability to utilize commercial paper as a source of liquidity . liquidity through the capital markets is also dependent on our financial stability . at both december 31 , 2006 and 2005 , we had a working capital deficit of approximately $ 1.1 billion . a working capital deficit is common in our industry and does not indicate a lack of liquidity . we maintain adequate resources to meet our daily cash requirements , and we have sufficient financial capacity to satisfy our current liabilities . financial condition cash flows millions of dollars 2006 2005 2004 . <table class='wikitable'><tr><td>1</td><td>cash flowsmillions of dollars</td><td>2006</td><td>2005</td><td>2004</td></tr><tr><td>2</td><td>cash provided by operating activities</td><td>$ 2880</td><td>$ 2595</td><td>$ 2257</td></tr><tr><td>3</td><td>cash used in investing activities</td><td>-2042 ( 2042 )</td><td>-2047 ( 2047 )</td><td>-1732 ( 1732 )</td></tr><tr><td>4</td><td>cash used in financing activities</td><td>-784 ( 784 )</td><td>-752 ( 752 )</td><td>-75 ( 75 )</td></tr><tr><td>5</td><td>net change in cash and cash equivalents</td><td>$ 54</td><td>$ -204 ( 204 )</td><td>$ 450</td></tr></table> cash provided by operating activities 2013 higher income in 2006 generated the increased cash provided by operating activities , which was partially offset by higher income tax payments , $ 150 million in voluntary pension contributions , higher material and supply inventories , and higher management incentive payments in 2006 . higher income , lower management incentive payments in 2005 ( executive bonuses , which would have been paid to individuals in 2005 , were not awarded based on company performance in 2004 and bonuses for the professional workforce that were paid out in 2005 were significantly reduced ) , and working capital performance generated higher cash from operating activities in 2005 . a voluntary pension contribution of $ 100 million in 2004 also augmented the positive year-over-year variance in 2005 as no pension contribution was made in 2005 . this improvement was partially offset by cash received in 2004 for income tax refunds . cash used in investing activities 2013 an insurance settlement for the 2005 january west coast storm and lower balances for work in process decreased the amount of cash used in investing activities in 2006 . higher capital investments and lower proceeds from asset sales partially offset this decrease . increased capital spending , partially offset by higher proceeds from asset sales , increased the amount of cash used in investing activities in 2005 compared to 2004 . cash used in financing activities 2013 the increase in cash used in financing activities primarily resulted from lower net proceeds from equity compensation plans ( $ 189 million in 2006 compared to $ 262 million in 2005 ) . the increase in 2005 results from debt issuances in 2004 and higher debt repayments in 2005 . we did not issue debt in 2005 versus $ 745 million of debt issuances in 2004 , and we repaid $ 699 million of debt in 2005 compared to $ 588 million in 2004 . the higher outflows in 2005 were partially offset by higher net proceeds from equity compensation plans ( $ 262 million in 2005 compared to $ 80 million in 2004 ) . .
Question: what was the amount of cash provided by operating activities in 2006?
Answer: 2880.0
Question: what was the value in 2005?
Answer: 2595.0
Question: what is the net change in value?
Answer: 285.0
Question: what was the 2005 value?
Answer: 2595.0
Question: what is the net change over the 2005 value?
| 0.10983 | 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.
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35% ( 35 % ) due primarily to certain undistributed foreign earnings for which no u.s . taxes are provided because such earnings are intended to be indefinitely reinvested outside the u.s . as of september 29 , 2012 , the company had deferred tax assets arising from deductible temporary differences , tax losses , and tax credits of $ 4.0 billion , and deferred tax liabilities of $ 14.9 billion . management believes it is more likely than not that forecasted income , including income that may be generated as a result of certain tax planning strategies , together with future reversals of existing taxable temporary differences , will be sufficient to fully recover the deferred tax assets . the company will continue to evaluate the realizability of deferred tax assets quarterly by assessing the need for and amount of a valuation allowance . the internal revenue service ( the 201cirs 201d ) has completed its field audit of the company 2019s federal income tax returns for the years 2004 through 2006 and proposed certain adjustments . the company has contested certain of these adjustments through the irs appeals office . the irs is currently examining the years 2007 through 2009 . all irs audit issues for years prior to 2004 have been resolved . in addition , the company is subject to audits by state , local , and foreign tax authorities . management believes that adequate provisions have been made for any adjustments that may result from tax examinations . however , the outcome of tax audits cannot be predicted with certainty . if any issues addressed in the company 2019s tax audits are resolved in a manner not consistent with management 2019s expectations , the company could be required to adjust its provision for income taxes in the period such resolution occurs . liquidity and capital resources the following table presents selected financial information and statistics as of and for the years ended september 29 , 2012 , september 24 , 2011 , and september 25 , 2010 ( 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>cash cash equivalents and marketable securities</td><td>$ 121251</td><td>$ 81570</td><td>$ 51011</td></tr><tr><td>3</td><td>accounts receivable net</td><td>$ 10930</td><td>$ 5369</td><td>$ 5510</td></tr><tr><td>4</td><td>inventories</td><td>$ 791</td><td>$ 776</td><td>$ 1051</td></tr><tr><td>5</td><td>working capital</td><td>$ 19111</td><td>$ 17018</td><td>$ 20956</td></tr><tr><td>6</td><td>annual operating cash flow</td><td>$ 50856</td><td>$ 37529</td><td>$ 18595</td></tr></table> as of september 29 , 2012 , the company had $ 121.3 billion in cash , cash equivalents and marketable securities , an increase of $ 39.7 billion or 49% ( 49 % ) from september 24 , 2011 . the principal components of this net increase was the cash generated by operating activities of $ 50.9 billion , which was partially offset by payments for acquisition of property , plant and equipment of $ 8.3 billion , payments for acquisition of intangible assets of $ 1.1 billion and payments of dividends and dividend equivalent rights of $ 2.5 billion . the company 2019s marketable securities investment portfolio is invested primarily in highly-rated securities and its investment policy generally limits the amount of credit exposure to any one issuer . the policy requires investments generally to be investment grade with the objective of minimizing the potential risk of principal loss . as of september 29 , 2012 and september 24 , 2011 , $ 82.6 billion and $ 54.3 billion , respectively , of the company 2019s cash , cash equivalents and marketable securities were held by foreign subsidiaries and are generally based in u.s . dollar-denominated holdings . amounts held by foreign subsidiaries are generally subject to u.s . income taxation on repatriation to the u.s . the company believes its existing balances of cash , cash equivalents and marketable securities will be sufficient to satisfy its working capital needs , capital asset purchases , outstanding commitments , common stock repurchases , dividends on its common stock , and other liquidity requirements associated with its existing operations over the next 12 months . capital assets the company 2019s capital expenditures were $ 10.3 billion during 2012 , consisting of $ 865 million for retail store facilities and $ 9.5 billion for other capital expenditures , including product tooling and manufacturing process .
Question: what was the value of annual operating cash flow in 2011?
| 37529.0 | 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.
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35% ( 35 % ) due primarily to certain undistributed foreign earnings for which no u.s . taxes are provided because such earnings are intended to be indefinitely reinvested outside the u.s . as of september 29 , 2012 , the company had deferred tax assets arising from deductible temporary differences , tax losses , and tax credits of $ 4.0 billion , and deferred tax liabilities of $ 14.9 billion . management believes it is more likely than not that forecasted income , including income that may be generated as a result of certain tax planning strategies , together with future reversals of existing taxable temporary differences , will be sufficient to fully recover the deferred tax assets . the company will continue to evaluate the realizability of deferred tax assets quarterly by assessing the need for and amount of a valuation allowance . the internal revenue service ( the 201cirs 201d ) has completed its field audit of the company 2019s federal income tax returns for the years 2004 through 2006 and proposed certain adjustments . the company has contested certain of these adjustments through the irs appeals office . the irs is currently examining the years 2007 through 2009 . all irs audit issues for years prior to 2004 have been resolved . in addition , the company is subject to audits by state , local , and foreign tax authorities . management believes that adequate provisions have been made for any adjustments that may result from tax examinations . however , the outcome of tax audits cannot be predicted with certainty . if any issues addressed in the company 2019s tax audits are resolved in a manner not consistent with management 2019s expectations , the company could be required to adjust its provision for income taxes in the period such resolution occurs . liquidity and capital resources the following table presents selected financial information and statistics as of and for the years ended september 29 , 2012 , september 24 , 2011 , and september 25 , 2010 ( 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>cash cash equivalents and marketable securities</td><td>$ 121251</td><td>$ 81570</td><td>$ 51011</td></tr><tr><td>3</td><td>accounts receivable net</td><td>$ 10930</td><td>$ 5369</td><td>$ 5510</td></tr><tr><td>4</td><td>inventories</td><td>$ 791</td><td>$ 776</td><td>$ 1051</td></tr><tr><td>5</td><td>working capital</td><td>$ 19111</td><td>$ 17018</td><td>$ 20956</td></tr><tr><td>6</td><td>annual operating cash flow</td><td>$ 50856</td><td>$ 37529</td><td>$ 18595</td></tr></table> as of september 29 , 2012 , the company had $ 121.3 billion in cash , cash equivalents and marketable securities , an increase of $ 39.7 billion or 49% ( 49 % ) from september 24 , 2011 . the principal components of this net increase was the cash generated by operating activities of $ 50.9 billion , which was partially offset by payments for acquisition of property , plant and equipment of $ 8.3 billion , payments for acquisition of intangible assets of $ 1.1 billion and payments of dividends and dividend equivalent rights of $ 2.5 billion . the company 2019s marketable securities investment portfolio is invested primarily in highly-rated securities and its investment policy generally limits the amount of credit exposure to any one issuer . the policy requires investments generally to be investment grade with the objective of minimizing the potential risk of principal loss . as of september 29 , 2012 and september 24 , 2011 , $ 82.6 billion and $ 54.3 billion , respectively , of the company 2019s cash , cash equivalents and marketable securities were held by foreign subsidiaries and are generally based in u.s . dollar-denominated holdings . amounts held by foreign subsidiaries are generally subject to u.s . income taxation on repatriation to the u.s . the company believes its existing balances of cash , cash equivalents and marketable securities will be sufficient to satisfy its working capital needs , capital asset purchases , outstanding commitments , common stock repurchases , dividends on its common stock , and other liquidity requirements associated with its existing operations over the next 12 months . capital assets the company 2019s capital expenditures were $ 10.3 billion during 2012 , consisting of $ 865 million for retail store facilities and $ 9.5 billion for other capital expenditures , including product tooling and manufacturing process .
Question: what was the value of annual operating cash flow in 2011?
Answer: 37529.0
Question: what was the value in 2010?
| 18595.0 | 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.
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35% ( 35 % ) due primarily to certain undistributed foreign earnings for which no u.s . taxes are provided because such earnings are intended to be indefinitely reinvested outside the u.s . as of september 29 , 2012 , the company had deferred tax assets arising from deductible temporary differences , tax losses , and tax credits of $ 4.0 billion , and deferred tax liabilities of $ 14.9 billion . management believes it is more likely than not that forecasted income , including income that may be generated as a result of certain tax planning strategies , together with future reversals of existing taxable temporary differences , will be sufficient to fully recover the deferred tax assets . the company will continue to evaluate the realizability of deferred tax assets quarterly by assessing the need for and amount of a valuation allowance . the internal revenue service ( the 201cirs 201d ) has completed its field audit of the company 2019s federal income tax returns for the years 2004 through 2006 and proposed certain adjustments . the company has contested certain of these adjustments through the irs appeals office . the irs is currently examining the years 2007 through 2009 . all irs audit issues for years prior to 2004 have been resolved . in addition , the company is subject to audits by state , local , and foreign tax authorities . management believes that adequate provisions have been made for any adjustments that may result from tax examinations . however , the outcome of tax audits cannot be predicted with certainty . if any issues addressed in the company 2019s tax audits are resolved in a manner not consistent with management 2019s expectations , the company could be required to adjust its provision for income taxes in the period such resolution occurs . liquidity and capital resources the following table presents selected financial information and statistics as of and for the years ended september 29 , 2012 , september 24 , 2011 , and september 25 , 2010 ( 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>cash cash equivalents and marketable securities</td><td>$ 121251</td><td>$ 81570</td><td>$ 51011</td></tr><tr><td>3</td><td>accounts receivable net</td><td>$ 10930</td><td>$ 5369</td><td>$ 5510</td></tr><tr><td>4</td><td>inventories</td><td>$ 791</td><td>$ 776</td><td>$ 1051</td></tr><tr><td>5</td><td>working capital</td><td>$ 19111</td><td>$ 17018</td><td>$ 20956</td></tr><tr><td>6</td><td>annual operating cash flow</td><td>$ 50856</td><td>$ 37529</td><td>$ 18595</td></tr></table> as of september 29 , 2012 , the company had $ 121.3 billion in cash , cash equivalents and marketable securities , an increase of $ 39.7 billion or 49% ( 49 % ) from september 24 , 2011 . the principal components of this net increase was the cash generated by operating activities of $ 50.9 billion , which was partially offset by payments for acquisition of property , plant and equipment of $ 8.3 billion , payments for acquisition of intangible assets of $ 1.1 billion and payments of dividends and dividend equivalent rights of $ 2.5 billion . the company 2019s marketable securities investment portfolio is invested primarily in highly-rated securities and its investment policy generally limits the amount of credit exposure to any one issuer . the policy requires investments generally to be investment grade with the objective of minimizing the potential risk of principal loss . as of september 29 , 2012 and september 24 , 2011 , $ 82.6 billion and $ 54.3 billion , respectively , of the company 2019s cash , cash equivalents and marketable securities were held by foreign subsidiaries and are generally based in u.s . dollar-denominated holdings . amounts held by foreign subsidiaries are generally subject to u.s . income taxation on repatriation to the u.s . the company believes its existing balances of cash , cash equivalents and marketable securities will be sufficient to satisfy its working capital needs , capital asset purchases , outstanding commitments , common stock repurchases , dividends on its common stock , and other liquidity requirements associated with its existing operations over the next 12 months . capital assets the company 2019s capital expenditures were $ 10.3 billion during 2012 , consisting of $ 865 million for retail store facilities and $ 9.5 billion for other capital expenditures , including product tooling and manufacturing process .
Question: what was the value of annual operating cash flow in 2011?
Answer: 37529.0
Question: what was the value in 2010?
Answer: 18595.0
Question: what was the net change in value?
| 18934.0 | 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.
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35% ( 35 % ) due primarily to certain undistributed foreign earnings for which no u.s . taxes are provided because such earnings are intended to be indefinitely reinvested outside the u.s . as of september 29 , 2012 , the company had deferred tax assets arising from deductible temporary differences , tax losses , and tax credits of $ 4.0 billion , and deferred tax liabilities of $ 14.9 billion . management believes it is more likely than not that forecasted income , including income that may be generated as a result of certain tax planning strategies , together with future reversals of existing taxable temporary differences , will be sufficient to fully recover the deferred tax assets . the company will continue to evaluate the realizability of deferred tax assets quarterly by assessing the need for and amount of a valuation allowance . the internal revenue service ( the 201cirs 201d ) has completed its field audit of the company 2019s federal income tax returns for the years 2004 through 2006 and proposed certain adjustments . the company has contested certain of these adjustments through the irs appeals office . the irs is currently examining the years 2007 through 2009 . all irs audit issues for years prior to 2004 have been resolved . in addition , the company is subject to audits by state , local , and foreign tax authorities . management believes that adequate provisions have been made for any adjustments that may result from tax examinations . however , the outcome of tax audits cannot be predicted with certainty . if any issues addressed in the company 2019s tax audits are resolved in a manner not consistent with management 2019s expectations , the company could be required to adjust its provision for income taxes in the period such resolution occurs . liquidity and capital resources the following table presents selected financial information and statistics as of and for the years ended september 29 , 2012 , september 24 , 2011 , and september 25 , 2010 ( 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>cash cash equivalents and marketable securities</td><td>$ 121251</td><td>$ 81570</td><td>$ 51011</td></tr><tr><td>3</td><td>accounts receivable net</td><td>$ 10930</td><td>$ 5369</td><td>$ 5510</td></tr><tr><td>4</td><td>inventories</td><td>$ 791</td><td>$ 776</td><td>$ 1051</td></tr><tr><td>5</td><td>working capital</td><td>$ 19111</td><td>$ 17018</td><td>$ 20956</td></tr><tr><td>6</td><td>annual operating cash flow</td><td>$ 50856</td><td>$ 37529</td><td>$ 18595</td></tr></table> as of september 29 , 2012 , the company had $ 121.3 billion in cash , cash equivalents and marketable securities , an increase of $ 39.7 billion or 49% ( 49 % ) from september 24 , 2011 . the principal components of this net increase was the cash generated by operating activities of $ 50.9 billion , which was partially offset by payments for acquisition of property , plant and equipment of $ 8.3 billion , payments for acquisition of intangible assets of $ 1.1 billion and payments of dividends and dividend equivalent rights of $ 2.5 billion . the company 2019s marketable securities investment portfolio is invested primarily in highly-rated securities and its investment policy generally limits the amount of credit exposure to any one issuer . the policy requires investments generally to be investment grade with the objective of minimizing the potential risk of principal loss . as of september 29 , 2012 and september 24 , 2011 , $ 82.6 billion and $ 54.3 billion , respectively , of the company 2019s cash , cash equivalents and marketable securities were held by foreign subsidiaries and are generally based in u.s . dollar-denominated holdings . amounts held by foreign subsidiaries are generally subject to u.s . income taxation on repatriation to the u.s . the company believes its existing balances of cash , cash equivalents and marketable securities will be sufficient to satisfy its working capital needs , capital asset purchases , outstanding commitments , common stock repurchases , dividends on its common stock , and other liquidity requirements associated with its existing operations over the next 12 months . capital assets the company 2019s capital expenditures were $ 10.3 billion during 2012 , consisting of $ 865 million for retail store facilities and $ 9.5 billion for other capital expenditures , including product tooling and manufacturing process .
Question: what was the value of annual operating cash flow in 2011?
Answer: 37529.0
Question: what was the value in 2010?
Answer: 18595.0
Question: what was the net change in value?
Answer: 18934.0
Question: what was the 2010 value?
| 18595.0 | 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.
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35% ( 35 % ) due primarily to certain undistributed foreign earnings for which no u.s . taxes are provided because such earnings are intended to be indefinitely reinvested outside the u.s . as of september 29 , 2012 , the company had deferred tax assets arising from deductible temporary differences , tax losses , and tax credits of $ 4.0 billion , and deferred tax liabilities of $ 14.9 billion . management believes it is more likely than not that forecasted income , including income that may be generated as a result of certain tax planning strategies , together with future reversals of existing taxable temporary differences , will be sufficient to fully recover the deferred tax assets . the company will continue to evaluate the realizability of deferred tax assets quarterly by assessing the need for and amount of a valuation allowance . the internal revenue service ( the 201cirs 201d ) has completed its field audit of the company 2019s federal income tax returns for the years 2004 through 2006 and proposed certain adjustments . the company has contested certain of these adjustments through the irs appeals office . the irs is currently examining the years 2007 through 2009 . all irs audit issues for years prior to 2004 have been resolved . in addition , the company is subject to audits by state , local , and foreign tax authorities . management believes that adequate provisions have been made for any adjustments that may result from tax examinations . however , the outcome of tax audits cannot be predicted with certainty . if any issues addressed in the company 2019s tax audits are resolved in a manner not consistent with management 2019s expectations , the company could be required to adjust its provision for income taxes in the period such resolution occurs . liquidity and capital resources the following table presents selected financial information and statistics as of and for the years ended september 29 , 2012 , september 24 , 2011 , and september 25 , 2010 ( 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>cash cash equivalents and marketable securities</td><td>$ 121251</td><td>$ 81570</td><td>$ 51011</td></tr><tr><td>3</td><td>accounts receivable net</td><td>$ 10930</td><td>$ 5369</td><td>$ 5510</td></tr><tr><td>4</td><td>inventories</td><td>$ 791</td><td>$ 776</td><td>$ 1051</td></tr><tr><td>5</td><td>working capital</td><td>$ 19111</td><td>$ 17018</td><td>$ 20956</td></tr><tr><td>6</td><td>annual operating cash flow</td><td>$ 50856</td><td>$ 37529</td><td>$ 18595</td></tr></table> as of september 29 , 2012 , the company had $ 121.3 billion in cash , cash equivalents and marketable securities , an increase of $ 39.7 billion or 49% ( 49 % ) from september 24 , 2011 . the principal components of this net increase was the cash generated by operating activities of $ 50.9 billion , which was partially offset by payments for acquisition of property , plant and equipment of $ 8.3 billion , payments for acquisition of intangible assets of $ 1.1 billion and payments of dividends and dividend equivalent rights of $ 2.5 billion . the company 2019s marketable securities investment portfolio is invested primarily in highly-rated securities and its investment policy generally limits the amount of credit exposure to any one issuer . the policy requires investments generally to be investment grade with the objective of minimizing the potential risk of principal loss . as of september 29 , 2012 and september 24 , 2011 , $ 82.6 billion and $ 54.3 billion , respectively , of the company 2019s cash , cash equivalents and marketable securities were held by foreign subsidiaries and are generally based in u.s . dollar-denominated holdings . amounts held by foreign subsidiaries are generally subject to u.s . income taxation on repatriation to the u.s . the company believes its existing balances of cash , cash equivalents and marketable securities will be sufficient to satisfy its working capital needs , capital asset purchases , outstanding commitments , common stock repurchases , dividends on its common stock , and other liquidity requirements associated with its existing operations over the next 12 months . capital assets the company 2019s capital expenditures were $ 10.3 billion during 2012 , consisting of $ 865 million for retail store facilities and $ 9.5 billion for other capital expenditures , including product tooling and manufacturing process .
Question: what was the value of annual operating cash flow in 2011?
Answer: 37529.0
Question: what was the value in 2010?
Answer: 18595.0
Question: what was the net change in value?
Answer: 18934.0
Question: what was the 2010 value?
Answer: 18595.0
Question: what is the net change in value divided by the 2010 value?
| 1.01823 | 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.
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management 2019s discussion and analysis of financial condition and results of operations 2013 ( continued ) ( amounts in millions , except per share amounts ) operating income increased during 2017 when compared to 2016 , comprised of a decrease in revenue of $ 42.1 , as discussed above , a decrease in salaries and related expenses of $ 28.0 and a decrease in office and general expenses of $ 16.9 . the decrease in salaries and related expenses was primarily due to lower discretionary bonuses and incentive expense as well as a decrease in base salaries , benefits and tax . the decrease in office and general expenses was primarily due to decreases in adjustments to contingent acquisition obligations , as compared to the prior year . operating income increased during 2016 when compared to 2015 due to an increase in revenue of $ 58.8 , as discussed above , and a decrease in office and general expenses of $ 3.7 , partially offset by an increase in salaries and related expenses of $ 38.8 . the increase in salaries and related expenses was attributable to an increase in base salaries , benefits and tax primarily due to increases in our workforce to support business growth over the last twelve months . the decrease in office and general expenses was primarily due to lower production expenses related to pass-through costs , which are also reflected in revenue , for certain projects in which we acted as principal that decreased in size or did not recur during the current year . corporate and other certain corporate and other charges are reported as a separate line item within total segment operating income and include corporate office expenses , as well as shared service center and certain other centrally managed expenses that are not fully allocated to operating divisions . salaries and related expenses include salaries , long-term incentives , annual bonuses and other miscellaneous benefits for corporate office employees . office and general expenses primarily include professional fees related to internal control compliance , financial statement audits and legal , information technology and other consulting services that are engaged and managed through the corporate office . office and general expenses also include rental expense and depreciation of leasehold improvements for properties occupied by corporate office employees . a portion of centrally managed expenses are allocated to operating divisions based on a formula that uses the planned revenues of each of the operating units . amounts allocated also include specific charges for information technology-related projects , which are allocated based on utilization . corporate and other expenses decreased during 2017 by $ 20.6 to $ 126.6 compared to 2016 , primarily due to lower annual incentive expense . corporate and other expenses increased during 2016 by $ 5.4 to $ 147.2 compared to 2015 . liquidity and capital resources cash flow overview the following tables summarize key financial data relating to our liquidity , capital resources and uses of capital. . <table class='wikitable'><tr><td>1</td><td>cash flow data</td><td>years ended december 31 , 2017</td><td>years ended december 31 , 2016</td><td>years ended december 31 , 2015</td></tr><tr><td>2</td><td>net income adjusted to reconcile to net cash provided by operating activities1</td><td>$ 887.3</td><td>$ 1023.2</td><td>$ 848.8</td></tr><tr><td>3</td><td>net cash used in working capital2</td><td>-29.9 ( 29.9 )</td><td>-414.9 ( 414.9 )</td><td>-99.9 ( 99.9 )</td></tr><tr><td>4</td><td>changes in other non-current assets and liabilities</td><td>24.4</td><td>-95.5 ( 95.5 )</td><td>-60.4 ( 60.4 )</td></tr><tr><td>5</td><td>net cash provided by operating activities</td><td>$ 881.8</td><td>$ 512.8</td><td>$ 688.5</td></tr><tr><td>6</td><td>net cash used in investing activities</td><td>-196.2 ( 196.2 )</td><td>-263.9 ( 263.9 )</td><td>-199.7 ( 199.7 )</td></tr><tr><td>7</td><td>net cash used in financing activities</td><td>-1004.9 ( 1004.9 )</td><td>-666.4 ( 666.4 )</td><td>-490.9 ( 490.9 )</td></tr></table> 1 reflects net income adjusted primarily for depreciation and amortization of fixed assets and intangible assets , amortization of restricted stock and other non-cash compensation , net losses on sales of businesses and deferred income taxes . 2 reflects changes in accounts receivable , expenditures billable to clients , other current assets , accounts payable and accrued liabilities . operating activities due to the seasonality of our business , we typically use cash from working capital in the first nine months of a year , with the largest impact in the first quarter , and generate cash from working capital in the fourth quarter , driven by the seasonally strong media spending by our clients . quarterly and annual working capital results are impacted by the fluctuating annual media spending budgets of our clients as well as their changing media spending patterns throughout each year across various countries. .
Question: what was the sum of cash provided by operating activities and cash used in investing activities?
| 685.6 | 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.
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management 2019s discussion and analysis of financial condition and results of operations 2013 ( continued ) ( amounts in millions , except per share amounts ) operating income increased during 2017 when compared to 2016 , comprised of a decrease in revenue of $ 42.1 , as discussed above , a decrease in salaries and related expenses of $ 28.0 and a decrease in office and general expenses of $ 16.9 . the decrease in salaries and related expenses was primarily due to lower discretionary bonuses and incentive expense as well as a decrease in base salaries , benefits and tax . the decrease in office and general expenses was primarily due to decreases in adjustments to contingent acquisition obligations , as compared to the prior year . operating income increased during 2016 when compared to 2015 due to an increase in revenue of $ 58.8 , as discussed above , and a decrease in office and general expenses of $ 3.7 , partially offset by an increase in salaries and related expenses of $ 38.8 . the increase in salaries and related expenses was attributable to an increase in base salaries , benefits and tax primarily due to increases in our workforce to support business growth over the last twelve months . the decrease in office and general expenses was primarily due to lower production expenses related to pass-through costs , which are also reflected in revenue , for certain projects in which we acted as principal that decreased in size or did not recur during the current year . corporate and other certain corporate and other charges are reported as a separate line item within total segment operating income and include corporate office expenses , as well as shared service center and certain other centrally managed expenses that are not fully allocated to operating divisions . salaries and related expenses include salaries , long-term incentives , annual bonuses and other miscellaneous benefits for corporate office employees . office and general expenses primarily include professional fees related to internal control compliance , financial statement audits and legal , information technology and other consulting services that are engaged and managed through the corporate office . office and general expenses also include rental expense and depreciation of leasehold improvements for properties occupied by corporate office employees . a portion of centrally managed expenses are allocated to operating divisions based on a formula that uses the planned revenues of each of the operating units . amounts allocated also include specific charges for information technology-related projects , which are allocated based on utilization . corporate and other expenses decreased during 2017 by $ 20.6 to $ 126.6 compared to 2016 , primarily due to lower annual incentive expense . corporate and other expenses increased during 2016 by $ 5.4 to $ 147.2 compared to 2015 . liquidity and capital resources cash flow overview the following tables summarize key financial data relating to our liquidity , capital resources and uses of capital. . <table class='wikitable'><tr><td>1</td><td>cash flow data</td><td>years ended december 31 , 2017</td><td>years ended december 31 , 2016</td><td>years ended december 31 , 2015</td></tr><tr><td>2</td><td>net income adjusted to reconcile to net cash provided by operating activities1</td><td>$ 887.3</td><td>$ 1023.2</td><td>$ 848.8</td></tr><tr><td>3</td><td>net cash used in working capital2</td><td>-29.9 ( 29.9 )</td><td>-414.9 ( 414.9 )</td><td>-99.9 ( 99.9 )</td></tr><tr><td>4</td><td>changes in other non-current assets and liabilities</td><td>24.4</td><td>-95.5 ( 95.5 )</td><td>-60.4 ( 60.4 )</td></tr><tr><td>5</td><td>net cash provided by operating activities</td><td>$ 881.8</td><td>$ 512.8</td><td>$ 688.5</td></tr><tr><td>6</td><td>net cash used in investing activities</td><td>-196.2 ( 196.2 )</td><td>-263.9 ( 263.9 )</td><td>-199.7 ( 199.7 )</td></tr><tr><td>7</td><td>net cash used in financing activities</td><td>-1004.9 ( 1004.9 )</td><td>-666.4 ( 666.4 )</td><td>-490.9 ( 490.9 )</td></tr></table> 1 reflects net income adjusted primarily for depreciation and amortization of fixed assets and intangible assets , amortization of restricted stock and other non-cash compensation , net losses on sales of businesses and deferred income taxes . 2 reflects changes in accounts receivable , expenditures billable to clients , other current assets , accounts payable and accrued liabilities . operating activities due to the seasonality of our business , we typically use cash from working capital in the first nine months of a year , with the largest impact in the first quarter , and generate cash from working capital in the fourth quarter , driven by the seasonally strong media spending by our clients . quarterly and annual working capital results are impacted by the fluctuating annual media spending budgets of our clients as well as their changing media spending patterns throughout each year across various countries. .
Question: what was the sum of cash provided by operating activities and cash used in investing activities?
Answer: 685.6
Question: what was the value of cash used in financing activities?
| -1004.9 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
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management 2019s discussion and analysis of financial condition and results of operations 2013 ( continued ) ( amounts in millions , except per share amounts ) operating income increased during 2017 when compared to 2016 , comprised of a decrease in revenue of $ 42.1 , as discussed above , a decrease in salaries and related expenses of $ 28.0 and a decrease in office and general expenses of $ 16.9 . the decrease in salaries and related expenses was primarily due to lower discretionary bonuses and incentive expense as well as a decrease in base salaries , benefits and tax . the decrease in office and general expenses was primarily due to decreases in adjustments to contingent acquisition obligations , as compared to the prior year . operating income increased during 2016 when compared to 2015 due to an increase in revenue of $ 58.8 , as discussed above , and a decrease in office and general expenses of $ 3.7 , partially offset by an increase in salaries and related expenses of $ 38.8 . the increase in salaries and related expenses was attributable to an increase in base salaries , benefits and tax primarily due to increases in our workforce to support business growth over the last twelve months . the decrease in office and general expenses was primarily due to lower production expenses related to pass-through costs , which are also reflected in revenue , for certain projects in which we acted as principal that decreased in size or did not recur during the current year . corporate and other certain corporate and other charges are reported as a separate line item within total segment operating income and include corporate office expenses , as well as shared service center and certain other centrally managed expenses that are not fully allocated to operating divisions . salaries and related expenses include salaries , long-term incentives , annual bonuses and other miscellaneous benefits for corporate office employees . office and general expenses primarily include professional fees related to internal control compliance , financial statement audits and legal , information technology and other consulting services that are engaged and managed through the corporate office . office and general expenses also include rental expense and depreciation of leasehold improvements for properties occupied by corporate office employees . a portion of centrally managed expenses are allocated to operating divisions based on a formula that uses the planned revenues of each of the operating units . amounts allocated also include specific charges for information technology-related projects , which are allocated based on utilization . corporate and other expenses decreased during 2017 by $ 20.6 to $ 126.6 compared to 2016 , primarily due to lower annual incentive expense . corporate and other expenses increased during 2016 by $ 5.4 to $ 147.2 compared to 2015 . liquidity and capital resources cash flow overview the following tables summarize key financial data relating to our liquidity , capital resources and uses of capital. . <table class='wikitable'><tr><td>1</td><td>cash flow data</td><td>years ended december 31 , 2017</td><td>years ended december 31 , 2016</td><td>years ended december 31 , 2015</td></tr><tr><td>2</td><td>net income adjusted to reconcile to net cash provided by operating activities1</td><td>$ 887.3</td><td>$ 1023.2</td><td>$ 848.8</td></tr><tr><td>3</td><td>net cash used in working capital2</td><td>-29.9 ( 29.9 )</td><td>-414.9 ( 414.9 )</td><td>-99.9 ( 99.9 )</td></tr><tr><td>4</td><td>changes in other non-current assets and liabilities</td><td>24.4</td><td>-95.5 ( 95.5 )</td><td>-60.4 ( 60.4 )</td></tr><tr><td>5</td><td>net cash provided by operating activities</td><td>$ 881.8</td><td>$ 512.8</td><td>$ 688.5</td></tr><tr><td>6</td><td>net cash used in investing activities</td><td>-196.2 ( 196.2 )</td><td>-263.9 ( 263.9 )</td><td>-199.7 ( 199.7 )</td></tr><tr><td>7</td><td>net cash used in financing activities</td><td>-1004.9 ( 1004.9 )</td><td>-666.4 ( 666.4 )</td><td>-490.9 ( 490.9 )</td></tr></table> 1 reflects net income adjusted primarily for depreciation and amortization of fixed assets and intangible assets , amortization of restricted stock and other non-cash compensation , net losses on sales of businesses and deferred income taxes . 2 reflects changes in accounts receivable , expenditures billable to clients , other current assets , accounts payable and accrued liabilities . operating activities due to the seasonality of our business , we typically use cash from working capital in the first nine months of a year , with the largest impact in the first quarter , and generate cash from working capital in the fourth quarter , driven by the seasonally strong media spending by our clients . quarterly and annual working capital results are impacted by the fluctuating annual media spending budgets of our clients as well as their changing media spending patterns throughout each year across various countries. .
Question: what was the sum of cash provided by operating activities and cash used in investing activities?
Answer: 685.6
Question: what was the value of cash used in financing activities?
Answer: -1004.9
Question: what is the total sum?
| -319.3 | 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.
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zimmer holdings , inc . 2013 form 10-k annual report notes to consolidated financial statements ( continued ) fees paid to collaborative partners . where contingent milestone payments are due to third parties under research and development arrangements , the milestone payment obligations are expensed when the milestone results are achieved . litigation 2013 we record a liability for contingent losses , including future legal costs , settlements and judgments , when we consider it is probable that a liability has been incurred and the amount of the loss can be reasonably estimated . special items 2013 we recognize expenses resulting directly from our business combinations , employee termination benefits , certain r&d agreements , certain contract terminations , consulting and professional fees and asset impairment or loss on disposal charges connected with global restructuring , operational and quality excellence initiatives , and other items as 201cspecial items 201d in our consolidated statement of earnings . 201cspecial items 201d included ( in millions ) : . <table class='wikitable'><tr><td>1</td><td>for the years ended december 31,</td><td>2013</td><td>2012</td><td>2011</td></tr><tr><td>2</td><td>impairment/loss on disposal of assets</td><td>$ 10.9</td><td>$ 14.6</td><td>$ 8.4</td></tr><tr><td>3</td><td>consulting and professional fees</td><td>99.1</td><td>90.1</td><td>26.0</td></tr><tr><td>4</td><td>employee severance and retention including share-based compensation acceleration</td><td>14.2</td><td>8.2</td><td>23.1</td></tr><tr><td>5</td><td>dedicated project personnel</td><td>34.0</td><td>15.1</td><td>3.2</td></tr><tr><td>6</td><td>certain r&d agreements</td><td>0.8</td><td>2013</td><td>2013</td></tr><tr><td>7</td><td>relocated facilities</td><td>3.6</td><td>1.8</td><td>2013</td></tr><tr><td>8</td><td>distributor acquisitions</td><td>0.4</td><td>0.8</td><td>2.0</td></tr><tr><td>9</td><td>certain litigation matters</td><td>26.9</td><td>13.7</td><td>0.1</td></tr><tr><td>10</td><td>contract terminations</td><td>3.9</td><td>6.6</td><td>6.3</td></tr><tr><td>11</td><td>contingent consideration adjustments</td><td>9.0</td><td>-2.8 ( 2.8 )</td><td>2013</td></tr><tr><td>12</td><td>accelerated software amortization</td><td>6.0</td><td>4.5</td><td>2013</td></tr><tr><td>13</td><td>other</td><td>7.9</td><td>2.8</td><td>6.1</td></tr><tr><td>14</td><td>special items</td><td>$ 216.7</td><td>$ 155.4</td><td>$ 75.2</td></tr></table> impairment/ loss on disposal of assets relates to impairment of intangible assets that were acquired in business combinations or impairment of or a loss on the disposal of other assets . consulting and professional fees relate to third-party consulting , professional fees and contract labor related to our quality and operational excellence initiatives , third-party consulting fees related to certain information system implementations , third-party integration consulting performed in a variety of areas such as tax , compliance , logistics and human resources for our business combinations , third-party fees related to severance and termination benefits matters and legal fees related to certain product liability matters . our quality and operational excellence initiatives are company- wide and include improvements in quality , distribution , sourcing , manufacturing and information technology , among other areas . in 2013 , 2012 and 2011 , we eliminated positions as we reduced management layers , restructured certain areas , announced closures of certain facilities , and commenced initiatives to focus on business opportunities that best support our strategic priorities . in 2013 , 2012 and 2011 , approximately 170 , 400 and 500 positions , respectively , from across the globe were affected by these actions . as a result of these changes in our work force and headcount reductions in connection with acquisitions , we incurred expenses related to severance benefits , redundant salaries as we worked through transition periods , share-based compensation acceleration and other employee termination-related costs . the majority of these termination benefits were provided in accordance with our existing or local government policies and are considered ongoing benefits . these costs were accrued when they became probable and estimable and were recorded as part of other current liabilities . the majority of these costs were paid during the year they were incurred . dedicated project personnel expenses include the salary , benefits , travel expenses and other costs directly associated with employees who are 100 percent dedicated to our operational and quality excellence initiatives or integration of acquired businesses . certain r&d agreements relate to agreements with upfront payments to obtain intellectual property to be used in r&d projects that have no alternative future use in other projects . relocated facilities expenses are the moving costs and the lease expenses incurred during the relocation period in connection with relocating certain facilities . over the past few years we have acquired a number of u.s . and foreign-based distributors . we have incurred various costs related to the consummation and integration of those businesses . certain litigation matters relate to costs and adjustments recognized during the year for the estimated or actual settlement of various legal matters , including royalty disputes , patent litigation matters , commercial litigation matters and matters arising from our acquisitions of certain competitive distributorships in prior years . contract termination costs relate to terminated agreements in connection with the integration of acquired companies and changes to our distribution model as part of business restructuring and operational excellence initiatives . the terminated contracts primarily relate to sales agents and distribution agreements . contingent consideration adjustments represent the changes in the fair value of contingent consideration obligations to be paid to the prior owners of acquired businesses . accelerated software amortization is the incremental amortization resulting from a reduction in the estimated life of certain software . in 2012 , we approved a plan to replace certain software . as a result , the estimated economic useful life of the existing software was decreased to represent the period of time expected to implement replacement software . as a result , the amortization from the shortened life of this software is substantially higher than the previous amortization being recognized . cash and cash equivalents 2013 we consider all highly liquid investments with an original maturity of three months or less to be cash equivalents . the carrying amounts reported in the balance sheet for cash and cash equivalents are valued at cost , which approximates their fair value. .
Question: what was the net change in value of contract terminations from 2011 to 2012?
| 0.3 | 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.
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zimmer holdings , inc . 2013 form 10-k annual report notes to consolidated financial statements ( continued ) fees paid to collaborative partners . where contingent milestone payments are due to third parties under research and development arrangements , the milestone payment obligations are expensed when the milestone results are achieved . litigation 2013 we record a liability for contingent losses , including future legal costs , settlements and judgments , when we consider it is probable that a liability has been incurred and the amount of the loss can be reasonably estimated . special items 2013 we recognize expenses resulting directly from our business combinations , employee termination benefits , certain r&d agreements , certain contract terminations , consulting and professional fees and asset impairment or loss on disposal charges connected with global restructuring , operational and quality excellence initiatives , and other items as 201cspecial items 201d in our consolidated statement of earnings . 201cspecial items 201d included ( in millions ) : . <table class='wikitable'><tr><td>1</td><td>for the years ended december 31,</td><td>2013</td><td>2012</td><td>2011</td></tr><tr><td>2</td><td>impairment/loss on disposal of assets</td><td>$ 10.9</td><td>$ 14.6</td><td>$ 8.4</td></tr><tr><td>3</td><td>consulting and professional fees</td><td>99.1</td><td>90.1</td><td>26.0</td></tr><tr><td>4</td><td>employee severance and retention including share-based compensation acceleration</td><td>14.2</td><td>8.2</td><td>23.1</td></tr><tr><td>5</td><td>dedicated project personnel</td><td>34.0</td><td>15.1</td><td>3.2</td></tr><tr><td>6</td><td>certain r&d agreements</td><td>0.8</td><td>2013</td><td>2013</td></tr><tr><td>7</td><td>relocated facilities</td><td>3.6</td><td>1.8</td><td>2013</td></tr><tr><td>8</td><td>distributor acquisitions</td><td>0.4</td><td>0.8</td><td>2.0</td></tr><tr><td>9</td><td>certain litigation matters</td><td>26.9</td><td>13.7</td><td>0.1</td></tr><tr><td>10</td><td>contract terminations</td><td>3.9</td><td>6.6</td><td>6.3</td></tr><tr><td>11</td><td>contingent consideration adjustments</td><td>9.0</td><td>-2.8 ( 2.8 )</td><td>2013</td></tr><tr><td>12</td><td>accelerated software amortization</td><td>6.0</td><td>4.5</td><td>2013</td></tr><tr><td>13</td><td>other</td><td>7.9</td><td>2.8</td><td>6.1</td></tr><tr><td>14</td><td>special items</td><td>$ 216.7</td><td>$ 155.4</td><td>$ 75.2</td></tr></table> impairment/ loss on disposal of assets relates to impairment of intangible assets that were acquired in business combinations or impairment of or a loss on the disposal of other assets . consulting and professional fees relate to third-party consulting , professional fees and contract labor related to our quality and operational excellence initiatives , third-party consulting fees related to certain information system implementations , third-party integration consulting performed in a variety of areas such as tax , compliance , logistics and human resources for our business combinations , third-party fees related to severance and termination benefits matters and legal fees related to certain product liability matters . our quality and operational excellence initiatives are company- wide and include improvements in quality , distribution , sourcing , manufacturing and information technology , among other areas . in 2013 , 2012 and 2011 , we eliminated positions as we reduced management layers , restructured certain areas , announced closures of certain facilities , and commenced initiatives to focus on business opportunities that best support our strategic priorities . in 2013 , 2012 and 2011 , approximately 170 , 400 and 500 positions , respectively , from across the globe were affected by these actions . as a result of these changes in our work force and headcount reductions in connection with acquisitions , we incurred expenses related to severance benefits , redundant salaries as we worked through transition periods , share-based compensation acceleration and other employee termination-related costs . the majority of these termination benefits were provided in accordance with our existing or local government policies and are considered ongoing benefits . these costs were accrued when they became probable and estimable and were recorded as part of other current liabilities . the majority of these costs were paid during the year they were incurred . dedicated project personnel expenses include the salary , benefits , travel expenses and other costs directly associated with employees who are 100 percent dedicated to our operational and quality excellence initiatives or integration of acquired businesses . certain r&d agreements relate to agreements with upfront payments to obtain intellectual property to be used in r&d projects that have no alternative future use in other projects . relocated facilities expenses are the moving costs and the lease expenses incurred during the relocation period in connection with relocating certain facilities . over the past few years we have acquired a number of u.s . and foreign-based distributors . we have incurred various costs related to the consummation and integration of those businesses . certain litigation matters relate to costs and adjustments recognized during the year for the estimated or actual settlement of various legal matters , including royalty disputes , patent litigation matters , commercial litigation matters and matters arising from our acquisitions of certain competitive distributorships in prior years . contract termination costs relate to terminated agreements in connection with the integration of acquired companies and changes to our distribution model as part of business restructuring and operational excellence initiatives . the terminated contracts primarily relate to sales agents and distribution agreements . contingent consideration adjustments represent the changes in the fair value of contingent consideration obligations to be paid to the prior owners of acquired businesses . accelerated software amortization is the incremental amortization resulting from a reduction in the estimated life of certain software . in 2012 , we approved a plan to replace certain software . as a result , the estimated economic useful life of the existing software was decreased to represent the period of time expected to implement replacement software . as a result , the amortization from the shortened life of this software is substantially higher than the previous amortization being recognized . cash and cash equivalents 2013 we consider all highly liquid investments with an original maturity of three months or less to be cash equivalents . the carrying amounts reported in the balance sheet for cash and cash equivalents are valued at cost , which approximates their fair value. .
Question: what was the net change in value of contract terminations from 2011 to 2012?
Answer: 0.3
Question: what was the value of contract terminations in 2011?
| 6.3 | 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.
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zimmer holdings , inc . 2013 form 10-k annual report notes to consolidated financial statements ( continued ) fees paid to collaborative partners . where contingent milestone payments are due to third parties under research and development arrangements , the milestone payment obligations are expensed when the milestone results are achieved . litigation 2013 we record a liability for contingent losses , including future legal costs , settlements and judgments , when we consider it is probable that a liability has been incurred and the amount of the loss can be reasonably estimated . special items 2013 we recognize expenses resulting directly from our business combinations , employee termination benefits , certain r&d agreements , certain contract terminations , consulting and professional fees and asset impairment or loss on disposal charges connected with global restructuring , operational and quality excellence initiatives , and other items as 201cspecial items 201d in our consolidated statement of earnings . 201cspecial items 201d included ( in millions ) : . <table class='wikitable'><tr><td>1</td><td>for the years ended december 31,</td><td>2013</td><td>2012</td><td>2011</td></tr><tr><td>2</td><td>impairment/loss on disposal of assets</td><td>$ 10.9</td><td>$ 14.6</td><td>$ 8.4</td></tr><tr><td>3</td><td>consulting and professional fees</td><td>99.1</td><td>90.1</td><td>26.0</td></tr><tr><td>4</td><td>employee severance and retention including share-based compensation acceleration</td><td>14.2</td><td>8.2</td><td>23.1</td></tr><tr><td>5</td><td>dedicated project personnel</td><td>34.0</td><td>15.1</td><td>3.2</td></tr><tr><td>6</td><td>certain r&d agreements</td><td>0.8</td><td>2013</td><td>2013</td></tr><tr><td>7</td><td>relocated facilities</td><td>3.6</td><td>1.8</td><td>2013</td></tr><tr><td>8</td><td>distributor acquisitions</td><td>0.4</td><td>0.8</td><td>2.0</td></tr><tr><td>9</td><td>certain litigation matters</td><td>26.9</td><td>13.7</td><td>0.1</td></tr><tr><td>10</td><td>contract terminations</td><td>3.9</td><td>6.6</td><td>6.3</td></tr><tr><td>11</td><td>contingent consideration adjustments</td><td>9.0</td><td>-2.8 ( 2.8 )</td><td>2013</td></tr><tr><td>12</td><td>accelerated software amortization</td><td>6.0</td><td>4.5</td><td>2013</td></tr><tr><td>13</td><td>other</td><td>7.9</td><td>2.8</td><td>6.1</td></tr><tr><td>14</td><td>special items</td><td>$ 216.7</td><td>$ 155.4</td><td>$ 75.2</td></tr></table> impairment/ loss on disposal of assets relates to impairment of intangible assets that were acquired in business combinations or impairment of or a loss on the disposal of other assets . consulting and professional fees relate to third-party consulting , professional fees and contract labor related to our quality and operational excellence initiatives , third-party consulting fees related to certain information system implementations , third-party integration consulting performed in a variety of areas such as tax , compliance , logistics and human resources for our business combinations , third-party fees related to severance and termination benefits matters and legal fees related to certain product liability matters . our quality and operational excellence initiatives are company- wide and include improvements in quality , distribution , sourcing , manufacturing and information technology , among other areas . in 2013 , 2012 and 2011 , we eliminated positions as we reduced management layers , restructured certain areas , announced closures of certain facilities , and commenced initiatives to focus on business opportunities that best support our strategic priorities . in 2013 , 2012 and 2011 , approximately 170 , 400 and 500 positions , respectively , from across the globe were affected by these actions . as a result of these changes in our work force and headcount reductions in connection with acquisitions , we incurred expenses related to severance benefits , redundant salaries as we worked through transition periods , share-based compensation acceleration and other employee termination-related costs . the majority of these termination benefits were provided in accordance with our existing or local government policies and are considered ongoing benefits . these costs were accrued when they became probable and estimable and were recorded as part of other current liabilities . the majority of these costs were paid during the year they were incurred . dedicated project personnel expenses include the salary , benefits , travel expenses and other costs directly associated with employees who are 100 percent dedicated to our operational and quality excellence initiatives or integration of acquired businesses . certain r&d agreements relate to agreements with upfront payments to obtain intellectual property to be used in r&d projects that have no alternative future use in other projects . relocated facilities expenses are the moving costs and the lease expenses incurred during the relocation period in connection with relocating certain facilities . over the past few years we have acquired a number of u.s . and foreign-based distributors . we have incurred various costs related to the consummation and integration of those businesses . certain litigation matters relate to costs and adjustments recognized during the year for the estimated or actual settlement of various legal matters , including royalty disputes , patent litigation matters , commercial litigation matters and matters arising from our acquisitions of certain competitive distributorships in prior years . contract termination costs relate to terminated agreements in connection with the integration of acquired companies and changes to our distribution model as part of business restructuring and operational excellence initiatives . the terminated contracts primarily relate to sales agents and distribution agreements . contingent consideration adjustments represent the changes in the fair value of contingent consideration obligations to be paid to the prior owners of acquired businesses . accelerated software amortization is the incremental amortization resulting from a reduction in the estimated life of certain software . in 2012 , we approved a plan to replace certain software . as a result , the estimated economic useful life of the existing software was decreased to represent the period of time expected to implement replacement software . as a result , the amortization from the shortened life of this software is substantially higher than the previous amortization being recognized . cash and cash equivalents 2013 we consider all highly liquid investments with an original maturity of three months or less to be cash equivalents . the carrying amounts reported in the balance sheet for cash and cash equivalents are valued at cost , which approximates their fair value. .
Question: what was the net change in value of contract terminations from 2011 to 2012?
Answer: 0.3
Question: what was the value of contract terminations in 2011?
Answer: 6.3
Question: what is the percent change?
| 0.04762 | 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.
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future minimum lease commitments for office premises and equipment under non-cancelable leases , along with minimum sublease rental income to be received under non-cancelable subleases , are as follows : period rent obligations sublease rental income net rent . <table class='wikitable'><tr><td>1</td><td>period</td><td>rent obligations</td><td>sublease rental income</td><td>net rent</td></tr><tr><td>2</td><td>2008</td><td>$ 323.9</td><td>$ -40.9 ( 40.9 )</td><td>$ 283.0</td></tr><tr><td>3</td><td>2009</td><td>300.9</td><td>-37.5 ( 37.5 )</td><td>263.4</td></tr><tr><td>4</td><td>2010</td><td>267.7</td><td>-31.0 ( 31.0 )</td><td>236.7</td></tr><tr><td>5</td><td>2011</td><td>233.7</td><td>-25.7 ( 25.7 )</td><td>208.0</td></tr><tr><td>6</td><td>2012</td><td>197.9</td><td>-20.2 ( 20.2 )</td><td>177.7</td></tr><tr><td>7</td><td>2013 and thereafter</td><td>871.0</td><td>-33.1 ( 33.1 )</td><td>837.9</td></tr><tr><td>8</td><td>total</td><td>$ 2195.1</td><td>$ -188.4 ( 188.4 )</td><td>$ 2006.7</td></tr></table> guarantees we have certain contingent obligations under guarantees of certain of our subsidiaries ( 201cparent company guarantees 201d ) relating principally to credit facilities , guarantees of certain media payables and operating leases . the amount of such parent company guarantees was $ 327.1 and $ 327.9 as of december 31 , 2007 and 2006 , respectively . in the event of non-payment by the applicable subsidiary of the obligations covered by a guarantee , we would be obligated to pay the amounts covered by that guarantee . as of december 31 , 2007 , there are no material assets pledged as security for such parent company guarantees . contingent acquisition obligations we have structured certain acquisitions with additional contingent purchase price obligations in order to reduce the potential risk associated with negative future performance of the acquired entity . in addition , we have entered into agreements that may require us to purchase additional equity interests in certain consolidated and unconsolidated subsidiaries . the amounts relating to these transactions are based on estimates of the future financial performance of the acquired entity , the timing of the exercise of these rights , changes in foreign currency exchange rates and other factors . we have not recorded a liability for these items since the definitive amounts payable are not determinable or distributable . when the contingent acquisition obligations have been met and consideration is determinable and distributable , we record the fair value of this consideration as an additional cost of the acquired entity . however , we recognize deferred payments and purchases of additional interests after the effective date of purchase that are contingent upon the future employment of owners as compensation expense . compensation expense is determined based on the terms and conditions of the respective acquisition agreements and employment terms of the former owners of the acquired businesses . this future expense will not be allocated to the assets and liabilities acquired and is amortized over the required employment terms of the former owners . the following table details the estimated liability with respect to our contingent acquisition obligations and the estimated amount that would be paid under the options , in the event of exercise at the earliest exercise date . all payments are contingent upon achieving projected operating performance targets and satisfying other notes to consolidated financial statements 2014 ( continued ) ( amounts in millions , except per share amounts ) .
Question: what was the parent company gaurantees as of 12/31/07?
| 327.1 | 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.
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future minimum lease commitments for office premises and equipment under non-cancelable leases , along with minimum sublease rental income to be received under non-cancelable subleases , are as follows : period rent obligations sublease rental income net rent . <table class='wikitable'><tr><td>1</td><td>period</td><td>rent obligations</td><td>sublease rental income</td><td>net rent</td></tr><tr><td>2</td><td>2008</td><td>$ 323.9</td><td>$ -40.9 ( 40.9 )</td><td>$ 283.0</td></tr><tr><td>3</td><td>2009</td><td>300.9</td><td>-37.5 ( 37.5 )</td><td>263.4</td></tr><tr><td>4</td><td>2010</td><td>267.7</td><td>-31.0 ( 31.0 )</td><td>236.7</td></tr><tr><td>5</td><td>2011</td><td>233.7</td><td>-25.7 ( 25.7 )</td><td>208.0</td></tr><tr><td>6</td><td>2012</td><td>197.9</td><td>-20.2 ( 20.2 )</td><td>177.7</td></tr><tr><td>7</td><td>2013 and thereafter</td><td>871.0</td><td>-33.1 ( 33.1 )</td><td>837.9</td></tr><tr><td>8</td><td>total</td><td>$ 2195.1</td><td>$ -188.4 ( 188.4 )</td><td>$ 2006.7</td></tr></table> guarantees we have certain contingent obligations under guarantees of certain of our subsidiaries ( 201cparent company guarantees 201d ) relating principally to credit facilities , guarantees of certain media payables and operating leases . the amount of such parent company guarantees was $ 327.1 and $ 327.9 as of december 31 , 2007 and 2006 , respectively . in the event of non-payment by the applicable subsidiary of the obligations covered by a guarantee , we would be obligated to pay the amounts covered by that guarantee . as of december 31 , 2007 , there are no material assets pledged as security for such parent company guarantees . contingent acquisition obligations we have structured certain acquisitions with additional contingent purchase price obligations in order to reduce the potential risk associated with negative future performance of the acquired entity . in addition , we have entered into agreements that may require us to purchase additional equity interests in certain consolidated and unconsolidated subsidiaries . the amounts relating to these transactions are based on estimates of the future financial performance of the acquired entity , the timing of the exercise of these rights , changes in foreign currency exchange rates and other factors . we have not recorded a liability for these items since the definitive amounts payable are not determinable or distributable . when the contingent acquisition obligations have been met and consideration is determinable and distributable , we record the fair value of this consideration as an additional cost of the acquired entity . however , we recognize deferred payments and purchases of additional interests after the effective date of purchase that are contingent upon the future employment of owners as compensation expense . compensation expense is determined based on the terms and conditions of the respective acquisition agreements and employment terms of the former owners of the acquired businesses . this future expense will not be allocated to the assets and liabilities acquired and is amortized over the required employment terms of the former owners . the following table details the estimated liability with respect to our contingent acquisition obligations and the estimated amount that would be paid under the options , in the event of exercise at the earliest exercise date . all payments are contingent upon achieving projected operating performance targets and satisfying other notes to consolidated financial statements 2014 ( continued ) ( amounts in millions , except per share amounts ) .
Question: what was the parent company gaurantees as of 12/31/07?
Answer: 327.1
Question: and as of 12/31/06?
| 327.9 | Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.
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future minimum lease commitments for office premises and equipment under non-cancelable leases , along with minimum sublease rental income to be received under non-cancelable subleases , are as follows : period rent obligations sublease rental income net rent . <table class='wikitable'><tr><td>1</td><td>period</td><td>rent obligations</td><td>sublease rental income</td><td>net rent</td></tr><tr><td>2</td><td>2008</td><td>$ 323.9</td><td>$ -40.9 ( 40.9 )</td><td>$ 283.0</td></tr><tr><td>3</td><td>2009</td><td>300.9</td><td>-37.5 ( 37.5 )</td><td>263.4</td></tr><tr><td>4</td><td>2010</td><td>267.7</td><td>-31.0 ( 31.0 )</td><td>236.7</td></tr><tr><td>5</td><td>2011</td><td>233.7</td><td>-25.7 ( 25.7 )</td><td>208.0</td></tr><tr><td>6</td><td>2012</td><td>197.9</td><td>-20.2 ( 20.2 )</td><td>177.7</td></tr><tr><td>7</td><td>2013 and thereafter</td><td>871.0</td><td>-33.1 ( 33.1 )</td><td>837.9</td></tr><tr><td>8</td><td>total</td><td>$ 2195.1</td><td>$ -188.4 ( 188.4 )</td><td>$ 2006.7</td></tr></table> guarantees we have certain contingent obligations under guarantees of certain of our subsidiaries ( 201cparent company guarantees 201d ) relating principally to credit facilities , guarantees of certain media payables and operating leases . the amount of such parent company guarantees was $ 327.1 and $ 327.9 as of december 31 , 2007 and 2006 , respectively . in the event of non-payment by the applicable subsidiary of the obligations covered by a guarantee , we would be obligated to pay the amounts covered by that guarantee . as of december 31 , 2007 , there are no material assets pledged as security for such parent company guarantees . contingent acquisition obligations we have structured certain acquisitions with additional contingent purchase price obligations in order to reduce the potential risk associated with negative future performance of the acquired entity . in addition , we have entered into agreements that may require us to purchase additional equity interests in certain consolidated and unconsolidated subsidiaries . the amounts relating to these transactions are based on estimates of the future financial performance of the acquired entity , the timing of the exercise of these rights , changes in foreign currency exchange rates and other factors . we have not recorded a liability for these items since the definitive amounts payable are not determinable or distributable . when the contingent acquisition obligations have been met and consideration is determinable and distributable , we record the fair value of this consideration as an additional cost of the acquired entity . however , we recognize deferred payments and purchases of additional interests after the effective date of purchase that are contingent upon the future employment of owners as compensation expense . compensation expense is determined based on the terms and conditions of the respective acquisition agreements and employment terms of the former owners of the acquired businesses . this future expense will not be allocated to the assets and liabilities acquired and is amortized over the required employment terms of the former owners . the following table details the estimated liability with respect to our contingent acquisition obligations and the estimated amount that would be paid under the options , in the event of exercise at the earliest exercise date . all payments are contingent upon achieving projected operating performance targets and satisfying other notes to consolidated financial statements 2014 ( continued ) ( amounts in millions , except per share amounts ) .
Question: what was the parent company gaurantees as of 12/31/07?
Answer: 327.1
Question: and as of 12/31/06?
Answer: 327.9
Question: combined, what is the total value in these two years?
| 655.0 | 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.
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future minimum lease commitments for office premises and equipment under non-cancelable leases , along with minimum sublease rental income to be received under non-cancelable subleases , are as follows : period rent obligations sublease rental income net rent . <table class='wikitable'><tr><td>1</td><td>period</td><td>rent obligations</td><td>sublease rental income</td><td>net rent</td></tr><tr><td>2</td><td>2008</td><td>$ 323.9</td><td>$ -40.9 ( 40.9 )</td><td>$ 283.0</td></tr><tr><td>3</td><td>2009</td><td>300.9</td><td>-37.5 ( 37.5 )</td><td>263.4</td></tr><tr><td>4</td><td>2010</td><td>267.7</td><td>-31.0 ( 31.0 )</td><td>236.7</td></tr><tr><td>5</td><td>2011</td><td>233.7</td><td>-25.7 ( 25.7 )</td><td>208.0</td></tr><tr><td>6</td><td>2012</td><td>197.9</td><td>-20.2 ( 20.2 )</td><td>177.7</td></tr><tr><td>7</td><td>2013 and thereafter</td><td>871.0</td><td>-33.1 ( 33.1 )</td><td>837.9</td></tr><tr><td>8</td><td>total</td><td>$ 2195.1</td><td>$ -188.4 ( 188.4 )</td><td>$ 2006.7</td></tr></table> guarantees we have certain contingent obligations under guarantees of certain of our subsidiaries ( 201cparent company guarantees 201d ) relating principally to credit facilities , guarantees of certain media payables and operating leases . the amount of such parent company guarantees was $ 327.1 and $ 327.9 as of december 31 , 2007 and 2006 , respectively . in the event of non-payment by the applicable subsidiary of the obligations covered by a guarantee , we would be obligated to pay the amounts covered by that guarantee . as of december 31 , 2007 , there are no material assets pledged as security for such parent company guarantees . contingent acquisition obligations we have structured certain acquisitions with additional contingent purchase price obligations in order to reduce the potential risk associated with negative future performance of the acquired entity . in addition , we have entered into agreements that may require us to purchase additional equity interests in certain consolidated and unconsolidated subsidiaries . the amounts relating to these transactions are based on estimates of the future financial performance of the acquired entity , the timing of the exercise of these rights , changes in foreign currency exchange rates and other factors . we have not recorded a liability for these items since the definitive amounts payable are not determinable or distributable . when the contingent acquisition obligations have been met and consideration is determinable and distributable , we record the fair value of this consideration as an additional cost of the acquired entity . however , we recognize deferred payments and purchases of additional interests after the effective date of purchase that are contingent upon the future employment of owners as compensation expense . compensation expense is determined based on the terms and conditions of the respective acquisition agreements and employment terms of the former owners of the acquired businesses . this future expense will not be allocated to the assets and liabilities acquired and is amortized over the required employment terms of the former owners . the following table details the estimated liability with respect to our contingent acquisition obligations and the estimated amount that would be paid under the options , in the event of exercise at the earliest exercise date . all payments are contingent upon achieving projected operating performance targets and satisfying other notes to consolidated financial statements 2014 ( continued ) ( amounts in millions , except per share amounts ) .
Question: what was the parent company gaurantees as of 12/31/07?
Answer: 327.1
Question: and as of 12/31/06?
Answer: 327.9
Question: combined, what is the total value in these two years?
Answer: 655.0
Question: and the average?
| 327.5 | 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.
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