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we consider all highly liquid investments with a maturity of three months or less from the date of purchase to be cash equivalents . the cost of these investments approximates fair value . our equity investments are accounted for using three different methods depending on the type of equity investment : 2022 investmen...
Single_LLY/2018/page_63.pdf-1
5
2,393
2,926
281_6
2022 for equity investments that do not have readily determinable fair values , we measure these investments at cost , less any impairment , plus or minus changes resulting from observable price changes in orderly transactions for the identical or similar investment of the same issuer . any change in recorded value is...
Single_LLY/2018/page_63.pdf-1
6
2,926
3,559
281_7
our derivative activities are initiated within the guidelines of documented corporate risk-management policies and are intended to offset losses and gains on the assets , liabilities , and transactions being hedged . management reviews the correlation and effectiveness of our derivatives on a quarterly basis. .
Single_LLY/2018/page_63.pdf-1
7
3,559
3,872
282_0
edwards lifesciences corporation notes to consolidated financial statements ( continued ) 13 . common stock ( continued ) the company also maintains the nonemployee directors stock incentive compensation program ( the 2018 2018nonemployee directors program 2019 2019 ) . under the nonemployee directors program , upon a ...
Single_EW/2016/page_94.pdf-2
0
0
539
282_1
these grants vest over three years from the date of grant , subject to the director 2019s continued service . in addition , annually each nonemployee director may receive up to 40000 stock options or 16000 restricted stock units of the company 2019s common stock , or a combination thereof , provided that in no event m...
Single_EW/2016/page_94.pdf-2
1
539
996
282_2
under the nonemployee directors program , an aggregate of 2.8 million shares of the company 2019s common stock has been authorized for issuance . the company has an employee stock purchase plan for united states employees and a plan for international employees ( collectively 2018 2018espp 2019 2019 ) .
Single_EW/2016/page_94.pdf-2
2
996
1,300
282_3
under the espp , eligible employees may purchase shares of the company 2019s common stock at 85% ( 85 % ) of the lower of the fair market value of edwards lifesciences common stock on the effective date of subscription or the date of purchase . under the espp , employees can authorize the company to withhold up to 12%...
Single_EW/2016/page_94.pdf-2
3
1,300
1,713
282_4
the espp is available to all active employees of the company paid from the united states payroll and to eligible employees of the company outside the united states , to the extent permitted by local law . the espp for united states employees is qualified under section 423 of the internal revenue code . the number of s...
Single_EW/2016/page_94.pdf-2
4
1,713
2,335
282_5
the risk-free interest rate is estimated using the u.s . treasury yield curve and is based on the expected term of the award . expected volatility is estimated based on a blend of the weighted-average of the historical volatility of edwards lifesciences 2019 stock and the implied volatility from traded options on edwa...
Single_EW/2016/page_94.pdf-2
5
2,335
2,901
282_6
the company uses historical data to estimate forfeitures and has estimated an annual forfeiture rate of 6.0% ( 6.0 % ) . the black-scholes option pricing model was used with the following weighted-average assumptions for options granted during the following periods : option awards .
Single_EW/2016/page_94.pdf-2
6
2,901
3,185
282_7
the average risk-free interest rate of 2016 is 1.1% ( 1.1 % ) ; the average risk-free interest rate of 2015 is 1.4% ( 1.4 % ) ; the average risk-free interest rate of 2014 is 1.5% ( 1.5 % ) ; the expected dividend yield of 2016 is none ; the expected dividend yield of 2015 is none ; the expected dividend yield of 2014...
Single_EW/2016/page_94.pdf-2
7
3,185
3,546
282_8
6 is 33% ( 33 % ) ; the expected volatility of 2015 is 30% ( 30 % ) ; the expected volatility of 2014 is 31% ( 31 % ) ; the expected life ( years ) of 2016 is 4.5 ; the expected life ( years ) of 2015 is 4.6 ; the expected life ( years ) of 2014 is 4.6 ; the fair value per share of 2016 is $ 31.
Single_EW/2016/page_94.pdf-2
8
3,546
3,842
282_9
00 ; the fair value per share of 2015 is $ 18.13 ; the fair value per share of 2014 is $ 11.75 ; .
Single_EW/2016/page_94.pdf-2
9
3,842
3,940
288_0
international networks international networks generated revenues of $ 1637 million during 2012 , which represented 37% ( 37 % ) of our total consolidated revenues . our international networks segment principally consists of national and pan-regional television networks . this segment generates revenue from operations i...
Single_DISCA/2012/page_39.pdf-4
0
0
580
288_1
international networks has one of the largest international distribution platforms of networks with as many as fourteen networks in more than 200 countries and territories around the world . at december 31 , 2012 , international networks operated over 180 unique distribution feeds in over 40 languages with channel fee...
Single_DISCA/2012/page_39.pdf-4
1
580
1,122
288_2
our international networks segment owns and operates the following television networks which reached the following number of subscribers as of december 31 , 2012 : global networks international subscribers ( millions ) regional networks international subscribers ( millions ) .
Single_DISCA/2012/page_39.pdf-4
2
1,122
1,400
288_3
global networks discovery channel the animal planet of internationalsubscribers ( millions ) 246 is 183 ; the animal planet of regional networks dmax is discovery kids ; the animal planet of internationalsubscribers ( millions ) 90 is 61 ; global networks discovery channel the tlc real time and travel & living of inte...
Single_DISCA/2012/page_39.pdf-4
3
1,400
1,927
288_4
26 ; global networks discovery channel the discovery science of internationalsubscribers ( millions ) 246 is 75 ; the discovery science of regional networks dmax is discovery history ; the discovery science of internationalsubscribers ( millions ) 90 is 13 ; global networks discovery channel the investigation discovery...
Single_DISCA/2012/page_39.pdf-4
4
1,927
2,526
288_5
scribers ( millions ) 246 is 57 ; the discovery home & health of regional networks dmax is discovery en espanol ( u.s. ) ; the discovery home & health of internationalsubscribers ( millions ) 90 is 5 ; global networks discovery channel the turbo of internationalsubscribers ( millions ) 246 is 42 ; the turbo of regional...
Single_DISCA/2012/page_39.pdf-4
5
2,526
3,049
288_6
46 is 27 ; the discovery world of regional networks dmax is ; the discovery world of internationalsubscribers ( millions ) 90 is ; on december 21 , 2012 , our international networks segment acquired 20% ( 20 % ) equity ownership interests in eurosport , a european sports satellite and cable network , and a portfolio ...
Single_DISCA/2012/page_39.pdf-4
6
3,049
3,481
288_7
we have a call right that enables us to purchase a controlling interest in eurosport starting december 2014 and for one year thereafter . if we exercise our call right , tf1 will have the right to put its remaining interest to us for one year thereafter . the arrangement is intended to increase the growth of eurosport...
Single_DISCA/2012/page_39.pdf-4
7
3,481
3,957
288_8
on december 28 , 2012 , we acquired switchover media , a group of five italian television channels with children's and entertainment programming . ( see note 3 to the accompanying consolidated financial statements. ) education education generated revenues of $ 105 million during 2012 , which represented 2% ( 2 % ) of ...
Single_DISCA/2012/page_39.pdf-4
8
3,957
4,385
288_9
this segment generates revenues primarily from subscriptions charged to k-12 schools for access to an online suite of curriculum-based vod tools , professional development services , digital textbooks and , to a lesser extent , student assessments and publication of hardcopy curriculum-based content . our education bu...
Single_DISCA/2012/page_39.pdf-4
9
4,385
5,084
288_10
our content is sourced from a wide range of third-party producers , which include some of the world 2019s leading nonfiction production companies as well as independent producers . our production arrangements fall into three categories : produced , coproduced and licensed . substantially all produced content includes ...
Single_DISCA/2012/page_39.pdf-4
10
5,084
5,597
288_11
coproduced content refers to program rights that we have collaborated with third parties to finance and develop because at times world-wide rights are not available for acquisition or we save costs by collaborating with third parties . licensed content is comprised of films or series that have been previously produced...
Single_DISCA/2012/page_39.pdf-4
11
5,597
5,937
290_0
the future minimum lease commitments under these leases at december 31 , 2010 are as follows ( in thousands ) : years ending december 31: .
Single_LKQ/2010/page_84.pdf-1
0
0
139
290_1
2011 the 2012 of $ 62465 is 54236 ; 2011 the 2013 of $ 62465 is 47860 ; 2011 the 2014 of $ 62465 is 37660 ; 2011 the 2015 of $ 62465 is 28622 ; 2011 the thereafter of $ 62465 is 798
Single_LKQ/2010/page_84.pdf-1
1
139
321
290_2
00 ; 2011 the future minimum lease payments of $ 62465 is $ 310643 ; rental expense for operating leases was approximately $ 66.9 million , $ 57.2 million and $ 49.0 million during the years ended december 31 , 2010 , 2009 and 2008 , respectively .
Single_LKQ/2010/page_84.pdf-1
2
321
569
290_3
in connection with the acquisitions of several businesses , we entered into agreements with several sellers of those businesses , some of whom became stockholders as a result of those acquisitions , for the lease of certain properties used in our operations . typical lease terms under these agreements include an initi...
Single_LKQ/2010/page_84.pdf-1
3
569
1,115
290_4
lease payments to an employee who became an officer of the company after the acquisition of his business were approximately $ 1.0 million , $ 0.9 million and $ 0.9 million during each of the years ended december 31 , 2010 , 2009 and 2008 , respectively . we guarantee the residual values of the majority of our truck an...
Single_LKQ/2010/page_84.pdf-1
4
1,115
1,557
290_5
in the event the lessor does not realize the residual value when a piece of equipment is sold , we would be responsible for a portion of the shortfall . similarly , if the lessor realizes more than the residual value when a piece of equipment is sold , we would be paid the amount realized over the residual value . had...
Single_LKQ/2010/page_84.pdf-1
5
1,557
2,051
290_6
we have not recorded a liability for the guaranteed residual value of equipment under operating leases as the recovery on disposition of the equipment under the leases is expected to approximate the guaranteed residual value . litigation and related contingencies in december 2005 and may 2008 , ford global technologie...
Single_LKQ/2010/page_84.pdf-1
6
2,051
2,674
290_7
pursuant to the settlement , we ( and our designees ) became the sole distributor in the u.s . of aftermarket automotive parts that correspond to ford collision parts that are covered by a u.s . design patent . we have paid ford an upfront fee for these rights and will pay a royalty for each such part we sell . the am...
Single_LKQ/2010/page_84.pdf-1
7
2,674
3,140
290_8
we also have certain other contingencies resulting from litigation , claims and other commitments and are subject to a variety of environmental and pollution control laws and regulations incident to the ordinary course of business . we currently expect that the resolution of such contingencies will not materially affe...
Single_LKQ/2010/page_84.pdf-1
8
3,140
3,526
291_0
market street commitments by credit rating ( a ) december 31 , december 31 .
Single_PNC/2009/page_46.pdf-4
0
0
76
291_1
the aaa/aaa of december 31 2009 is 14% ( 14 % ) ; the aaa/aaa of december 312008 is 19% ( 19 % ) ; the aa/aa of december 31 2009 is 50 ; the aa/aa of december 312008 is 6 ; the a/a of december 31 2009 is 34 ; the a/a of december 312008 is 72 ; the b
Single_PNC/2009/page_46.pdf-4
1
76
326
291_2
bb/baa of december 31 2009 is 2 ; the bbb/baa of december 312008 is 3 ; the total of december 31 2009 is 100% ( 100 % ) ; the total of december 312008 is 100% ( 100 % ) ; ( a ) the majority of our facilities are not explicitly rated by the rating agencies . all facilities are structured to meet rating agency standards ...
Single_PNC/2009/page_46.pdf-4
2
326
676
291_3
we evaluated the design of market street , its capital structure , the note , and relationships among the variable interest holders . based on this analysis and under accounting guidance effective during 2009 and 2008 , we are not the primary beneficiary and therefore the assets and liabilities of market street are no...
Single_PNC/2009/page_46.pdf-4
3
676
1,310
291_4
we reviewed the activities of market street on at least a quarterly basis to determine if a reconsideration event has occurred . tax credit investments we make certain equity investments in various limited partnerships or limited liability companies ( llcs ) that sponsor affordable housing projects utilizing the low i...
Single_PNC/2009/page_46.pdf-4
4
1,310
1,967
291_5
the primary activities of the investments include the identification , development and operation of multi-family housing that is leased to qualifying residential tenants . generally , these types of investments are funded through a combination of debt and equity . we typically invest in these partnerships as a limited...
Single_PNC/2009/page_46.pdf-4
5
1,967
2,470
291_6
in these syndication transactions , we create funds in which our subsidiaries are the general partner or managing member and sell limited partnership or non-managing member interests to third parties , and in some cases may also purchase a limited partnership or non-managing member interest in the fund . the purpose o...
Single_PNC/2009/page_46.pdf-4
6
2,470
2,964
291_7
general partner or managing member activities include selecting , evaluating , structuring , negotiating , and closing the fund investments in operating limited partnerships , as well as oversight of the ongoing operations of the fund portfolio . we evaluate our interests and third party interests in the limited partn...
Single_PNC/2009/page_46.pdf-4
7
2,964
3,629
291_8
we have consolidated lihtc investments in which we absorb a majority of the variability and thus are considered the primary beneficiary . the assets are primarily included in equity investments and other assets on our consolidated balance sheet with the liabilities classified in other liabilities and third party inves...
Single_PNC/2009/page_46.pdf-4
8
3,629
4,135
291_9
the consolidated aggregate assets and liabilities of these lihtc investments are provided in the consolidated vies 2013 pnc is primary beneficiary table and reflected in the 201cother 201d business segment . we also have lihtc investments in which we are not the primary beneficiary , but are considered to have a signi...
Single_PNC/2009/page_46.pdf-4
9
4,135
4,687
291_10
our maximum exposure to loss is equal to our legally binding equity commitments adjusted for recorded impairment and partnership results . we use the equity and cost methods to account for our investment in these entities with the investments reflected in equity investments on our consolidated balance sheet . in addit...
Single_PNC/2009/page_46.pdf-4
10
4,687
5,335
291_11
in november 2009 ) sponsored a special purpose entity ( spe ) and concurrently entered into a credit risk transfer agreement with an independent third party to mitigate credit losses on a pool of nonconforming mortgage loans originated by its former first franklin business unit . the spe was formed with a small equity...
Single_PNC/2009/page_46.pdf-4
11
5,335
5,979
291_12
the spe was deemed to be a vie as its equity was not sufficient to finance its activities . we were determined to be the primary beneficiary of the spe as we would absorb the majority of the expected losses of the spe through our holding of the asset-backed securities . accordingly , this spe was consolidated and all ...
Single_PNC/2009/page_46.pdf-4
12
5,979
6,347
294_0
company has a contingent liability relating to proper disposition of these balances , which amounted to $ 1926.8 mil- lion at december 31 , 2007 . as a result of holding these customers 2019 assets in escrow , the company has ongoing programs for realizing economic benefits during the year through favorable borrowing a...
Single_FIS/2007/page_94.pdf-3
0
0
530
294_1
leases the company leases certain of its property under leases which expire at various dates . several of these agreements include escalation clauses and provide for purchases and renewal options for periods ranging from one to five years . future minimum operating lease payments for leases with remaining terms greate...
Single_FIS/2007/page_94.pdf-3
1
530
1,003
294_2
2008 the 2009 of 83382 is 63060 ; 2008 the 2010 of 83382 is 35269 ; 2008 the 2011 of 83382 is 21598 ; 2008 the 2012 of 83382 is 14860 ; 2008 the thereafter of 83382 is 30869 ; 2
Single_FIS/2007/page_94.pdf-3
2
1,003
1,181
294_3
008 the total of 83382 is $ 249038 ; in addition , the company has operating lease commitments relating to office equipment and computer hardware with annual lease payments of approximately $ 16.0 million per year which renew on a short-term basis . rent expense incurred under all operating leases during the years ende...
Single_FIS/2007/page_94.pdf-3
3
1,181
1,610
294_4
data processing and maintenance services agreements . the company has agreements with various vendors , which expire between 2008 and 2017 , for portions of its computer data processing operations and related functions . the company 2019s estimated aggregate contractual obligation remaining under these agreements was ...
Single_FIS/2007/page_94.pdf-3
4
1,610
2,195
294_5
( 17 ) employee benefit plans stock purchase plan prior to the certegy merger ( note 6 ) , fis employees participated in the fidelity national financial , inc . employee stock purchase plan ( espp ) . subsequent to the certegy merger , the company instituted its own plan with the same terms as the fidelity national fi...
Single_FIS/2007/page_94.pdf-3
5
2,195
2,537
294_6
under the terms of both plans and subsequent amendments , eligible employees may voluntarily purchase , at current market prices , shares of fnf 2019s ( prior to the certegy merger ) or fis 2019s ( post certegy merger ) common stock through payroll deductions . pursuant to the espp , employees may contribute an amount...
Single_FIS/2007/page_94.pdf-3
6
2,537
3,093
294_7
the company recorded an expense of $ 15.2 million , $ 13.1 million and $ 11.1 million , respectively , for the years ended december 31 , 2007 , 2006 and 2005 relating to the participation of fis employees in the espp . fidelity national information services , inc . and subsidiaries and affiliates notes to consolidated...
Single_FIS/2007/page_94.pdf-3
7
3,093
3,468
295_0
2022 a financial safeguard package for cleared over-the-counter credit default swap contracts , and 2022 a financial safeguard package for cleared over-the-counter interest rate swap contracts . in the unlikely event of a payment default by a clearing firm , we would first apply assets of the defaulting clearing firm t...
Single_CME/2012/page_70.pdf-1
0
0
557
295_1
in addition , we would make a demand for payment pursuant to any applicable guarantee provided to us by the parent company of the clearing firm . thereafter , if the payment default remains unsatisfied , we would use the corporate contributions designated for the respective financial safeguard package . we would then ...
Single_CME/2012/page_70.pdf-1
1
557
1,130
295_2
we maintain a $ 5.0 billion 364-day multi-currency line of credit with a consortium of domestic and international banks to be used in certain situations by cme clearing . we have the option to request an increase in the line from $ 5.0 billion to $ 7.0 billion .
Single_CME/2012/page_70.pdf-1
2
1,130
1,393
295_3
we may use the proceeds to provide temporary liquidity in the unlikely event of a clearing firm default , in the event of a liquidity constraint or default by a depositary ( custodian of the collateral ) , or in the event of a temporary disruption with the payments systems that would delay payment of settlement variat...
Single_CME/2012/page_70.pdf-1
3
1,393
1,979
295_4
treasury or agency securities , as well as select money market mutual funds approved for our select interest earning facility ( ief ) programs . performance bond collateral of a defaulting clearing firm may also be used to secure a draw on the line . in addition to the 364-day multi- currency line of credit , we also ...
Single_CME/2012/page_70.pdf-1
4
1,979
2,466
295_5
aggregate performance bond deposits for clearing firms for all three cme financial safeguard packages was $ 86.8 billion , including $ 5.6 billion of cash performance bond deposits and $ 4.2 billion of letters of credit . a defaulting firm 2019s performance bond deposits can be used in the event of default of that cle...
Single_CME/2012/page_70.pdf-1
5
2,466
2,798
295_6
the following shows the available assets at december 31 , 2012 in the event of a payment default by a clearing firm for the base financial safeguard package after first utilizing the defaulting firm 2019s available assets : ( in millions ) cme clearing available assets designated corporate contributions for futures an...
Single_CME/2012/page_70.pdf-1
6
2,798
3,236
295_7
. . . . . . . . . . 7973.6 minimum total assets available for default ( 4 ) . . . . . . . . . . . . . . . . . . . .
Single_CME/2012/page_70.pdf-1
7
3,236
3,352
295_8
$ 10973.1 ( 1 ) cme clearing designates $ 100.0 million of corporate contributions to satisfy a clearing firm default in the event that the defaulting clearing firm 2019s guaranty contributions and performance bonds do not satisfy the deficit . ( 2 ) guaranty fund contributions of clearing firms include guaranty fund ...
Single_CME/2012/page_70.pdf-1
8
3,352
3,801
295_9
( 3 ) in the event of a clearing firm default , if a loss continues to exist after the utilization of the assets of the defaulted firm , our designated working capital and the non-defaulting clearing firms 2019 guaranty fund contributions , we have the right to assess all non-defaulting clearing members as defined in ...
Single_CME/2012/page_70.pdf-1
9
3,801
4,365
295_10
( in millions ) the designated corporate contributions for futures and options ( 1 ) of cme clearingavailable assets is $ 100.0 ; ( in millions ) the guaranty fund contributions ( 2 ) of cme clearingavailable assets is 2899.5 ; ( in millions ) the assessment powers ( 3 ) of cme clearingavailable assets is 7973.6 ; ( i...
Single_CME/2012/page_70.pdf-1
10
4,365
4,814
295_11
safeguard package for cleared over-the-counter credit default swap contracts , and 2022 a financial safeguard package for cleared over-the-counter interest rate swap contracts . in the unlikely event of a payment default by a clearing firm , we would first apply assets of the defaulting clearing firm to satisfy its pa...
Single_CME/2012/page_70.pdf-1
11
4,814
5,355
295_12
in addition , we would make a demand for payment pursuant to any applicable guarantee provided to us by the parent company of the clearing firm . thereafter , if the payment default remains unsatisfied , we would use the corporate contributions designated for the respective financial safeguard package . we would then ...
Single_CME/2012/page_70.pdf-1
12
5,355
5,928
295_13
we maintain a $ 5.0 billion 364-day multi-currency line of credit with a consortium of domestic and international banks to be used in certain situations by cme clearing . we have the option to request an increase in the line from $ 5.0 billion to $ 7.0 billion .
Single_CME/2012/page_70.pdf-1
13
5,928
6,191
295_14
we may use the proceeds to provide temporary liquidity in the unlikely event of a clearing firm default , in the event of a liquidity constraint or default by a depositary ( custodian of the collateral ) , or in the event of a temporary disruption with the payments systems that would delay payment of settlement variat...
Single_CME/2012/page_70.pdf-1
14
6,191
6,777
295_15
treasury or agency securities , as well as select money market mutual funds approved for our select interest earning facility ( ief ) programs . performance bond collateral of a defaulting clearing firm may also be used to secure a draw on the line . in addition to the 364-day multi- currency line of credit , we also ...
Single_CME/2012/page_70.pdf-1
15
6,777
7,264
295_16
aggregate performance bond deposits for clearing firms for all three cme financial safeguard packages was $ 86.8 billion , including $ 5.6 billion of cash performance bond deposits and $ 4.2 billion of letters of credit . a defaulting firm 2019s performance bond deposits can be used in the event of default of that cle...
Single_CME/2012/page_70.pdf-1
16
7,264
7,596
295_17
the following shows the available assets at december 31 , 2012 in the event of a payment default by a clearing firm for the base financial safeguard package after first utilizing the defaulting firm 2019s available assets : ( in millions ) cme clearing available assets designated corporate contributions for futures an...
Single_CME/2012/page_70.pdf-1
17
7,596
8,034
295_18
. . . . . . . . . . 7973.6 minimum total assets available for default ( 4 ) . . . . . . . . . . . . . . . . . . . .
Single_CME/2012/page_70.pdf-1
18
8,034
8,150
295_19
$ 10973.1 ( 1 ) cme clearing designates $ 100.0 million of corporate contributions to satisfy a clearing firm default in the event that the defaulting clearing firm 2019s guaranty contributions and performance bonds do not satisfy the deficit . ( 2 ) guaranty fund contributions of clearing firms include guaranty fund ...
Single_CME/2012/page_70.pdf-1
19
8,150
8,599
295_20
( 3 ) in the event of a clearing firm default , if a loss continues to exist after the utilization of the assets of the defaulted firm , our designated working capital and the non-defaulting clearing firms 2019 guaranty fund contributions , we have the right to assess all non-defaulting clearing members as defined in ...
Single_CME/2012/page_70.pdf-1
20
8,599
9,163
298_0
mastercard incorporated notes to consolidated financial statements 2014 ( continued ) ( in thousands , except percent and per share data ) on june 24 , 2008 , mastercard entered into a settlement agreement ( the 201camerican express settlement 201d ) with american express company ( 201camerican express 201d ) relating ...
Single_MA/2008/page_126.pdf-1
0
0
507
298_1
under the terms of the american express settlement , mastercard is obligated to make 12 quarterly payments of up to $ 150000 per quarter beginning in the third quarter of 2008 . mastercard 2019s maximum nominal payments will total $ 1800000 . the amount of each quarterly payment is contingent on the performance of ame...
Single_MA/2008/page_126.pdf-1
1
507
887
298_2
the quarterly payments will be in an amount equal to 15% ( 15 % ) of american express 2019s u.s . global network services billings during the quarter , up to a maximum of $ 150000 per quarter . if , however , the payment for any quarter is less than $ 150000 , the maximum payment for subsequent quarters will be increa...
Single_MA/2008/page_126.pdf-1
2
887
1,329
298_3
mastercard assumes american express will achieve these financial hurdles . mastercard recorded the present value of $ 1800000 , at a 5.75% ( 5.75 % ) discount rate , or $ 1649345 for the year ended december 31 , 2008 . in 2003 , mastercard entered into a settlement agreement ( the 201cu.s . merchant lawsuit settlement...
Single_MA/2008/page_126.pdf-1
3
1,329
1,732
298_4
merchant and consumer litigations 201d in note 20 ( legal and regulatory proceedings ) and contract disputes with certain customers . under the terms of the u.s . merchant lawsuit settlement , the company was required to pay $ 125000 in 2003 and $ 100000 annually each december from 2004 through 2012 . in addition , in...
Single_MA/2008/page_126.pdf-1
4
1,732
2,194
298_5
the 201copt-out 201d merchant lawsuits were not covered by the terms of the u.s . merchant lawsuit settlement and all have been individually settled . we recorded liabilities for certain litigation settlements in prior periods . total liabilities for litigation settlements changed from december 31 , 2006 , as follows:...
Single_MA/2008/page_126.pdf-1
5
2,194
2,516
298_6
balance as of december 31 2006 the provision for litigation settlements ( note 20 ) of $ 476915 is 3400 ; balance as of december 31 2006 the interest accretion on u.s .
Single_MA/2008/page_126.pdf-1
6
2,516
2,685
298_7
merchant lawsuit of $ 476915 is 38046 ; balance as of december 31 2006 the payments of $ 476915 is -113925 ( 113925 ) ; balance as of december 31 2006 the balance as of december 31 2007 of $ 476915 is 404436 ; balance as of december 31 2006 the provision for discover settlement of $ 47
Single_MA/2008/page_126.pdf-1
7
2,685
2,972
298_8
6915 is 862500 ; balance as of december 31 2006 the provision for american express settlement of $ 476915 is 1649345 ; balance as of december 31 2006 the provision for other litigation settlements of $ 476915 is 6000 ; balance as of december 31 2006 the interest accretion on u.s .
Single_MA/2008/page_126.pdf-1
8
2,972
3,253
298_9
merchant lawsuit settlement of $ 476915 is 32879 ; balance as of december 31 2006 the interest accretion on american express settlement of $ 476915 is 44300 ; balance as of december 31 2006 the payments on american express settlement of $ 476915 is -300000 ( 300000 ) ; balance as of december 31 2006 the payments on di...
Single_MA/2008/page_126.pdf-1
9
3,253
3,598
298_10
6915 is -862500 ( 862500 ) ; balance as of december 31 2006 the payment on u.s .
Single_MA/2008/page_126.pdf-1
10
3,598
3,678
298_11
merchant lawsuit settlement of $ 476915 is -100000 ( 100000 ) ; balance as of december 31 2006 the other payments and accretion of $ 476915 is -662 ( 662 ) ; balance as of december 31 2006 the balance as of december 31 2008 of $ 476915 is $ 1736298 ; see note 20 ( legal and regulatory proceedings
Single_MA/2008/page_126.pdf-1
11
3,678
3,976
298_12
) for additional discussion regarding the company 2019s legal proceedings. .
Single_MA/2008/page_126.pdf-1
12
3,976
4,053
307_0
supplementary information on oil and gas producing activities ( unaudited ) c o n t i n u e d summary of changes in standardized measure of discounted future net cash flows relating to proved oil and gas reserves ( in millions ) 2007 2006 2005 sales and transfers of oil and gas produced , net of production , transporta...
Single_MRO/2007/page_149.pdf-2
0
0
502
307_1
2 ) 6648 .
Single_MRO/2007/page_149.pdf-2
1
502
512
307_2
( in millions ) the sales and transfers of oil and gas produced net of production transportation and administrative costs of 2007 is $ -4887 ( 4887 ) ; the sales and transfers of oil and gas produced net of production transportation and administrative costs of 2006 is $ -5312 ( 5312 ) ; the sales and transfers of oil ...
Single_MRO/2007/page_149.pdf-2
2
512
993
307_3
transportation and administrative costs related to future production of 2007 is 12845 ; the net changes in prices and production transportation and administrative costs related to future production of 2006 is -1342 ( 1342 ) ; the net changes in prices and production transportation and administrative costs related to f...
Single_MRO/2007/page_149.pdf-2
3
993
1,528
307_4
1290 ; the extensions discoveries and improved recovery less related costs of 2005 is 700 ; ( in millions ) the development costs incurred during the period of 2007 is 1654 ; the development costs incurred during the period of 2006 is 1251 ; the development costs incurred during the period of 2005 is 1030 ; ( in milli...
Single_MRO/2007/page_149.pdf-2
4
1,528
1,956
307_5
future development costs of 2006 is -527 ( 527 ) ; the changes in estimated future development costs of 2005 is -552 ( 552 ) ; ( in millions ) the revisions of previous quantity estimates of 2007 is 290 ; the revisions of previous quantity estimates of 2006 is 1319 ; the revisions of previous quantity estimates of 200...
Single_MRO/2007/page_149.pdf-2
5
1,956
2,370
307_6
is 23 ; the net changes in purchases and sales of minerals in place of 2006 is 30 ; the net changes in purchases and sales of minerals in place of 2005 is 4557 ; ( in millions ) the accretion of discount of 2007 is 1726 ; the accretion of discount of 2006 is 1882 ; the accretion of discount of 2005 is 1124 ; ( in mill...
Single_MRO/2007/page_149.pdf-2
6
2,370
2,733
307_7
07 is -6751 ( 6751 ) ; the net change in income taxes of 2006 is -660 ( 660 ) ; the net change in income taxes of 2005 is -6694 ( 6694 ) ; ( in millions ) the timing and other of 2007 is -12 ( 12 ) ; the timing and other of 2006 is -14 ( 14 ) ; the timing and other of 2005 is 307 ;
Single_MRO/2007/page_149.pdf-2
7
2,733
3,016
307_8
( in millions ) the net change for the year of 2007 is 4977 ; the net change for the year of 2006 is -2083 ( 2083 ) ; the net change for the year of 2005 is 4186 ; ( in millions ) the beginning of year of 2007 is 8518 ; the beginning of year of 2006 is 10601 ; the beginning of year of 2005 is 6415 ; ( in
Single_MRO/2007/page_149.pdf-2
8
3,016
3,321
307_9
millions ) the end of year of 2007 is $ 13495 ; the end of year of 2006 is $ 8518 ; the end of year of 2005 is $ 10601 ; ( in millions ) the net change for the year from discontinued operations of 2007 is $ 2013 ; the net change for the year from discontinued operations of 2006 is $ -216 ( 216 ) ; the net change for t...
Single_MRO/2007/page_149.pdf-2
9
3,321
3,684
307_10
5 is $ 162 ; .
Single_MRO/2007/page_149.pdf-2
10
3,684
3,698