consumer demand for packaged food products has been under pressure for over two years . this has put pressure on industry margins and asset utilization rates , which the company has been able to partially offset by pricing actions , asset consolidations , introduction of new products and synergies from acquisitions . during the first half of fiscal 2015 we received a favorable impact on cash from operating activities from the declining resin prices . as resin prices stabilize , we do not expect to receive this benefit from falling resin prices in fiscal 2016. additionally , our fiscal 2016 adjusted free cash flow guidance of $ 475 million assumes flat overall volumes , with our new health , hygiene and specialties division expected to grow above the overall company average . components of adjusted free cash flow include $ 817 million of cash flow from operations , less $ 285 million of additions to property , plant , and equipment and $ 57 million of payments under our tax receivable agreement . for further information related to adjusted free cash flow as a non-gaap financial measure , see “ liquidity and capital resources . ” recent developments revolving line of credit in may 2015 , the company amended the credit agreement relating to its existing $ 650 million secured revolving credit facility to extend the maturity date of the revolving credit facility from june 2016 to may 2020 and to reduce interest margins and certain commitment fees . 5 1 / 8 % second priority senior secured notes in june 2015 , the company issued $ 700 million of 5 1 / 8 % second priority senior secured notes due july 2023. interest on the 5 1 / 8 % second priority senior secured notes is due semi-annually on january 15 and july 15. proceeds from the issuance and existing liquidity were used to satisfy and discharge all of the outstanding 9¾ % second priority senior secured notes . the company recognized a $ 94 million loss on extinguishment of debt , including $ 83 million of early tender and redemption costs and an $ 11 million write-off of deferred financing fees . interest rate swap in september 2015 , the company entered into an interest rate swap transaction to protect $ 1 billion of outstanding variable rate term loan debt from future interest rate volatility . the agreement swapped the greater of a three-month variable libor contract or 1.00 % for a fixed annual rate of 1.7185 % , with an effective date in december 2015 and expiration in june 2019. recent acquisitions our acquisition strategy is focused on improving our long-term financial performance , enhancing our market positions , and expanding our existing and complementary product lines . we seek to obtain businesses for attractive post-synergy multiples , creating value for our stockholders from synergy realization , leveraging the acquired products across our customer base , creating new platforms for future growth , and assuming best practices from the businesses we acquire . the company has included the expected benefits of acquisition integrations and restructuring plans within our unrealized synergies , which are in turn recognized in earnings after an acquisition has been fully integrated or the restructuring plan is completed . while the expected benefits on earnings is estimated at the commencement of each transaction , once the execution of the plan and integration occur , we are generally unable to accurately estimate or track what the ultimate effects have been due to system integrations and movements of activities to multiple facilities . as historical business combinations and restructuring plans have not allowed us to accurately separate realized synergies compared to what was initially identified , we measure the synergy realization based on the overall segment profitability post integration . fiscal 2014 acquisitions in fiscal 2014 , the company completed 3 acquisitions which included the rexam healthcare containers and closures business ( “ c & c ” ) for a purchase price of $ 133 million , net of cash acquired , graphic flexible packaging llc 's flexible plastics and films business for a purchase price of $ 61 million , net of cash acquired , and a controlling interest ( 75 % ) in qingdao p & b co. , ltd. for a purchase price of $ 35 million , net of cash acquired . see note 2 to the consolidated financial statements for further discussion on the respective acquisitions . 11 avintiv inc. in october 2015 , the company acquired 100 % of the capital stock of “ avintiv ” for a purchase price of approximately $ 2.3 billion which is preliminary and subject to adjustment . avintiv is one of the world 's leading developers , producers , and marketers of nonwoven specialty materials used in hygiene , infection prevention , personal care , and high-performance solutions . with 23 locations in 14 countries , an employee base of over 4,500 people , and the broadest range of process technologies in the industry , avintiv 's strategically located manufacturing facilities position it as a global supplier to many of the same leading consumer and industrial product manufacturers that berry supplies and utilize similar key raw materials as berry 's existing business . to finance the purchase , the company issued $ 400 million aggregate principal amount of 6.0 % second priority senior secured notes due 2022 and entered into an incremental assumption agreement to increase the commitments under the company 's existing term loan credit agreement by $ 2.1 billion due 2022. see note 17 to the consolidated financial statements for further discussion on the avintiv acquisition . story_separator_special_tag net cash used in investing activities increased $ 175 million to $ 422 million in fiscal 2014 million primarily as a result of an increase in acquisition activity in the prior twelve months , offset by lower capital expenditures . cash flows from financing activities net cash used in financing activities increased $ 246 million to $ 365 million in fiscal 2015. the change is primarily attributed to an increase in long-term debt repayments and increased debt financing costs related to the discharge of the 9¾ % second priority senior secured notes . net cash used in financing activities decreased $ 45 million to $ 119 million in fiscal 2014. the change is primarily attributed to a decline in long-term repayments , net of proceeds from the initial public offering , partially offset by the $ 32 million of tax receivable agreement payments . liquidity outlook tax receivable agreement – in connection with the initial public offering , the company entered into an income tax receivable agreement ( “ tra ” ) that provides for the payment to pre-initial public offering stockholders , option holders and holders of our stock appreciation rights , 85 % of the amount of cash savings , if any , in u.s. federal , foreign , state and local income tax that are actually realized ( or are deemed to be realized in the case of a change of control ) as a result of the utilization of our and our subsidiaries ' net operating losses attributable to periods prior to the initial public offering . the total tra balance at the end of fiscal 2015 was $ 232 million , prior to the $ 57 million payment made in october of 2015 . 18 at the end of fiscal 2015 , our cash balance was $ 228 million , of which $ 65 million was located outside the u.s. the company has deemed cash located outside the u.s. to be indefinitely reinvested and we intend to use this to finance our foreign operations and for future international expansion . we believe our existing u.s. based cash and cash flow from u.s. operations , together with available borrowings under our senior secured credit facilities , will be adequate to meet our liquidity needs over the next twelve months . we do not expect our free cash flow to be sufficient to cover all long-term debt obligations and intend to refinance these obligations prior to maturity . however , we can not predict our future results of operations and our ability to meet our obligations involves numerous risks and uncertainties , including , but not limited to , those described in the “ risk factors ” section in this form 10-k. critical accounting policies and estimates we disclose those accounting policies that we consider to be significant in determining the amounts to be utilized for communicating our consolidated financial position , results of operations and cash flows in the first note to our consolidated financial statements included elsewhere herein . our discussion and analysis of our financial condition and results of operations are based on our consolidated financial statements , which have been prepared in accordance with accounting principles generally accepted in the united states . the preparation of financial statements in conformity with these principles requires management to make estimates and assumptions that affect amounts reported in the financial statements and accompanying notes . our estimates and judgments are based on historical experience and on various other factors that are believed to be reasonable under the circumstances . actual results may differ from these estimates under different assumptions or conditions . revenue recognition . revenue from the sales of products is recognized at the time title and risks and rewards of ownership pass to the customer ( either when the products reach the free-on-board shipping point or destination depending on the contractual terms ) , there is persuasive evidence of an arrangement , the sales price is fixed and determinable and collection is reasonably assured . accrued rebates . we offer various rebates to our customers in exchange for their purchases . these rebate programs are individually negotiated with our customers and contain a variety of different terms and conditions . certain rebates are calculated as flat percentages of purchases , while others include tiered volume incentives . these rebates may be payable monthly , quarterly , or annually . the calculation of the accrued rebate balance involves significant management estimates , especially where the terms of the rebate involve tiered volume levels that require estimates of expected annual sales . these provisions are based on estimates derived from current program requirements and historical experience . we use all available information when calculating these reserves . our accrual for customer rebates was $ 53 million and $ 50 million as of the end of fiscal 2015 and 2014 , respectively . impairments of long-lived assets . in accordance with the guidance from the fasb for the impairment or disposal of long-lived assets we review long-lived assets for impairment whenever events or changes in circumstances indicate the carrying amount of such assets may not be recoverable . impairment losses are recorded on long-lived assets used in operations when indicators of impairment are present and the undiscounted cash flows estimated to be generated by those assets are less than the assets ' carrying amounts . the impairment loss is measured by comparing the fair value of the asset to its carrying amount . we recognized non-cash asset impairment of long-lived assets of $ 2 million , $ 7 million and $ 5 million in fiscal 2015 , 2014 and 2013 , respectively . goodwill and other indefinite lived intangible assets . we evaluate goodwill using a qualitative assessment to determine whether it is more likely than not that the fair value of any reporting unit is less that the carrying amount . if we determine that the fair value of the reporting unit is more likely than

liquidity and capital resources senior secured credit facility we manage our global cash requirements considering ( i ) available funds among the many subsidiaries through which we conduct business , ( ii ) the geographic location of our liquidity needs , and ( iii ) the cost to access international cash balances . we have senior secured credit facilities consisting of $ 2.4 billion of term loans and a $ 650 million asset based revolving line of credit . the revolving credit facility matures in may 2020 , $ 1.0 billion of the term loans mature in january 2021 , and the remaining $ 1.4 billion of term loans mature in february 2020. the availability under the revolving line of credit is the lesser of $ 650 million amount determined by a defined borrowing base which is calculated based on available accounts receivable and inventory . the revolving line of credit allows up to $ 130 million of letters of credit to be issued instead of borrowings under the revolving line of credit . at the end of fiscal 2015 , the company had no outstanding balance on the revolving credit facility , $ 37 million of outstanding letters of credit and a $ 142 million borrowing base reserve , resulting in unused borrowing capacity of $ 471 million under the revolving line of credit . the company was in compliance with all covenants at the end of fiscal 2015. our fixed charge coverage ratio , as defined in the revolving credit facility , is calculated based on a numerator consisting of adjusted ebitda less pro forma adjustments , income taxes paid in cash and capital expenditures , and a denominator consisting of scheduled principal payments in respect of indebtedness for borrowed money , interest expense and certain distributions .


 Write a concise suspicious activity report of the following text delimited by triple backquotes. Return your response as a formal report which covers the key points highlighting the location,dates,entity names and account holder information in chronological order of the text.
     ```liquidity and capital resources senior secured credit facility we manage our global cash requirements considering ( i ) available funds among the many subsidiaries through which we conduct business , ( ii ) the geographic location of our liquidity needs , and ( iii ) the cost to access international cash balances . we have senior secured credit facilities consisting of $ 2.4 billion of term loans and a $ 650 million asset based revolving line of credit . the revolving credit facility matures in may 2020 , $ 1.0 billion of the term loans mature in january 2021 , and the remaining $ 1.4 billion of term loans mature in february 2020. the availability under the revolving line of credit is the lesser of $ 650 million amount determined by a defined borrowing base which is calculated based on available accounts receivable and inventory . the revolving line of credit allows up to $ 130 million of letters of credit to be issued instead of borrowings under the revolving line of credit . at the end of fiscal 2015 , the company had no outstanding balance on the revolving credit facility , $ 37 million of outstanding letters of credit and a $ 142 million borrowing base reserve , resulting in unused borrowing capacity of $ 471 million under the revolving line of credit . the company was in compliance with all covenants at the end of fiscal 2015. our fixed charge coverage ratio , as defined in the revolving credit facility , is calculated based on a numerator consisting of adjusted ebitda less pro forma adjustments , income taxes paid in cash and capital expenditures , and a denominator consisting of scheduled principal payments in respect of indebtedness for borrowed money , interest expense and certain distributions .
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 Suspicious Activity Report : consumer demand for packaged food products has been under pressure for over two years . this has put pressure on industry margins and asset utilization rates , which the company has been able to partially offset by pricing actions , asset consolidations , introduction of new products and synergies from acquisitions . during the first half of fiscal 2015 we received a favorable impact on cash from operating activities from the declining resin prices . as resin prices stabilize , we do not expect to receive this benefit from falling resin prices in fiscal 2016. additionally , our fiscal 2016 adjusted free cash flow guidance of $ 475 million assumes flat overall volumes , with our new health , hygiene and specialties division expected to grow above the overall company average . components of adjusted free cash flow include $ 817 million of cash flow from operations , less $ 285 million of additions to property , plant , and equipment and $ 57 million of payments under our tax receivable agreement . for further information related to adjusted free cash flow as a non-gaap financial measure , see “ liquidity and capital resources . ” recent developments revolving line of credit in may 2015 , the company amended the credit agreement relating to its existing $ 650 million secured revolving credit facility to extend the maturity date of the revolving credit facility from june 2016 to may 2020 and to reduce interest margins and certain commitment fees . 5 1 / 8 % second priority senior secured notes in june 2015 , the company issued $ 700 million of 5 1 / 8 % second priority senior secured notes due july 2023. interest on the 5 1 / 8 % second priority senior secured notes is due semi-annually on january 15 and july 15. proceeds from the issuance and existing liquidity were used to satisfy and discharge all of the outstanding 9¾ % second priority senior secured notes . the company recognized a $ 94 million loss on extinguishment of debt , including $ 83 million of early tender and redemption costs and an $ 11 million write-off of deferred financing fees . interest rate swap in september 2015 , the company entered into an interest rate swap transaction to protect $ 1 billion of outstanding variable rate term loan debt from future interest rate volatility . the agreement swapped the greater of a three-month variable libor contract or 1.00 % for a fixed annual rate of 1.7185 % , with an effective date in december 2015 and expiration in june 2019. recent acquisitions our acquisition strategy is focused on improving our long-term financial performance , enhancing our market positions , and expanding our existing and complementary product lines . we seek to obtain businesses for attractive post-synergy multiples , creating value for our stockholders from synergy realization , leveraging the acquired products across our customer base , creating new platforms for future growth , and assuming best practices from the businesses we acquire . the company has included the expected benefits of acquisition integrations and restructuring plans within our unrealized synergies , which are in turn recognized in earnings after an acquisition has been fully integrated or the restructuring plan is completed . while the expected benefits on earnings is estimated at the commencement of each transaction , once the execution of the plan and integration occur , we are generally unable to accurately estimate or track what the ultimate effects have been due to system integrations and movements of activities to multiple facilities . as historical business combinations and restructuring plans have not allowed us to accurately separate realized synergies compared to what was initially identified , we measure the synergy realization based on the overall segment profitability post integration . fiscal 2014 acquisitions in fiscal 2014 , the company completed 3 acquisitions which included the rexam healthcare containers and closures business ( “ c & c ” ) for a purchase price of $ 133 million , net of cash acquired , graphic flexible packaging llc 's flexible plastics and films business for a purchase price of $ 61 million , net of cash acquired , and a controlling interest ( 75 % ) in qingdao p & b co. , ltd. for a purchase price of $ 35 million , net of cash acquired . see note 2 to the consolidated financial statements for further discussion on the respective acquisitions . 11 avintiv inc. in october 2015 , the company acquired 100 % of the capital stock of “ avintiv ” for a purchase price of approximately $ 2.3 billion which is preliminary and subject to adjustment . avintiv is one of the world 's leading developers , producers , and marketers of nonwoven specialty materials used in hygiene , infection prevention , personal care , and high-performance solutions . with 23 locations in 14 countries , an employee base of over 4,500 people , and the broadest range of process technologies in the industry , avintiv 's strategically located manufacturing facilities position it as a global supplier to many of the same leading consumer and industrial product manufacturers that berry supplies and utilize similar key raw materials as berry 's existing business . to finance the purchase , the company issued $ 400 million aggregate principal amount of 6.0 % second priority senior secured notes due 2022 and entered into an incremental assumption agreement to increase the commitments under the company 's existing term loan credit agreement by $ 2.1 billion due 2022. see note 17 to the consolidated financial statements for further discussion on the avintiv acquisition . story_separator_special_tag net cash used in investing activities increased $ 175 million to $ 422 million in fiscal 2014 million primarily as a result of an increase in acquisition activity in the prior twelve months , offset by lower capital expenditures . cash flows from financing activities net cash used in financing activities increased $ 246 million to $ 365 million in fiscal 2015. the change is primarily attributed to an increase in long-term debt repayments and increased debt financing costs related to the discharge of the 9¾ % second priority senior secured notes . net cash used in financing activities decreased $ 45 million to $ 119 million in fiscal 2014. the change is primarily attributed to a decline in long-term repayments , net of proceeds from the initial public offering , partially offset by the $ 32 million of tax receivable agreement payments . liquidity outlook tax receivable agreement – in connection with the initial public offering , the company entered into an income tax receivable agreement ( “ tra ” ) that provides for the payment to pre-initial public offering stockholders , option holders and holders of our stock appreciation rights , 85 % of the amount of cash savings , if any , in u.s. federal , foreign , state and local income tax that are actually realized ( or are deemed to be realized in the case of a change of control ) as a result of the utilization of our and our subsidiaries ' net operating losses attributable to periods prior to the initial public offering . the total tra balance at the end of fiscal 2015 was $ 232 million , prior to the $ 57 million payment made in october of 2015 . 18 at the end of fiscal 2015 , our cash balance was $ 228 million , of which $ 65 million was located outside the u.s. the company has deemed cash located outside the u.s. to be indefinitely reinvested and we intend to use this to finance our foreign operations and for future international expansion . we believe our existing u.s. based cash and cash flow from u.s. operations , together with available borrowings under our senior secured credit facilities , will be adequate to meet our liquidity needs over the next twelve months . we do not expect our free cash flow to be sufficient to cover all long-term debt obligations and intend to refinance these obligations prior to maturity . however , we can not predict our future results of operations and our ability to meet our obligations involves numerous risks and uncertainties , including , but not limited to , those described in the “ risk factors ” section in this form 10-k. critical accounting policies and estimates we disclose those accounting policies that we consider to be significant in determining the amounts to be utilized for communicating our consolidated financial position , results of operations and cash flows in the first note to our consolidated financial statements included elsewhere herein . our discussion and analysis of our financial condition and results of operations are based on our consolidated financial statements , which have been prepared in accordance with accounting principles generally accepted in the united states . the preparation of financial statements in conformity with these principles requires management to make estimates and assumptions that affect amounts reported in the financial statements and accompanying notes . our estimates and judgments are based on historical experience and on various other factors that are believed to be reasonable under the circumstances . actual results may differ from these estimates under different assumptions or conditions . revenue recognition . revenue from the sales of products is recognized at the time title and risks and rewards of ownership pass to the customer ( either when the products reach the free-on-board shipping point or destination depending on the contractual terms ) , there is persuasive evidence of an arrangement , the sales price is fixed and determinable and collection is reasonably assured . accrued rebates . we offer various rebates to our customers in exchange for their purchases . these rebate programs are individually negotiated with our customers and contain a variety of different terms and conditions . certain rebates are calculated as flat percentages of purchases , while others include tiered volume incentives . these rebates may be payable monthly , quarterly , or annually . the calculation of the accrued rebate balance involves significant management estimates , especially where the terms of the rebate involve tiered volume levels that require estimates of expected annual sales . these provisions are based on estimates derived from current program requirements and historical experience . we use all available information when calculating these reserves . our accrual for customer rebates was $ 53 million and $ 50 million as of the end of fiscal 2015 and 2014 , respectively . impairments of long-lived assets . in accordance with the guidance from the fasb for the impairment or disposal of long-lived assets we review long-lived assets for impairment whenever events or changes in circumstances indicate the carrying amount of such assets may not be recoverable . impairment losses are recorded on long-lived assets used in operations when indicators of impairment are present and the undiscounted cash flows estimated to be generated by those assets are less than the assets ' carrying amounts . the impairment loss is measured by comparing the fair value of the asset to its carrying amount . we recognized non-cash asset impairment of long-lived assets of $ 2 million , $ 7 million and $ 5 million in fiscal 2015 , 2014 and 2013 , respectively . goodwill and other indefinite lived intangible assets . we evaluate goodwill using a qualitative assessment to determine whether it is more likely than not that the fair value of any reporting unit is less that the carrying amount . if we determine that the fair value of the reporting unit is more likely than

