the three month simple average price per pound , as published by market indexes , were as follows : replace_table_token_3_th due to differences in the timing of passing through resin cost changes to our customers on escalator/de-escalator programs , segments are negatively impacted in the short term when plastic resin costs increase and are positively impacted in the short term when plastic resin costs decrease . this timing lag in passing through raw material cost changes could affect our results as plastic resin costs fluctuate . outlook . the company is impacted by general economic and industrial growth , plastic resin availability and affordability , and general industrial production . our business has both geographic and end-market diversity , which reduces the effect of any one of these factors on our overall performance . our results are affected by our ability to pass through raw material cost changes to our customers , improve manufacturing productivity and adapt to volume changes of our customers . historically , there has been a very tight correlation between oil prices and the cost of our key raw materials , polyethylene and polypropylene . during fiscal 2016 , capacity expansions in polyethylene in north america have benefited the company . overall , we continue to believe that these current trends in global oil and resin markets will be positive for the company . we believe the fiscal 2017 volume environment in the markets we serve will remain consistent with fiscal 2016 which will be partially offset by one less week of operations in fiscal 2017 compared to fiscal 2016. additionally , we believe there are growth opportunities within the health , pharmaceuticals , personal care and food packaging markets existing outside of north america , especially in asia , where expected per capita consumption increases should result in organic market growth . for fiscal 2017 , we project cash flow from operations and adjusted free cash flow of $ 925 million and $ 550 million , respectively , assuming the aep transaction is completed on february 1 , 2017. these estimates assume $ 80 million of tax payments , $ 60 million of business integration costs , constant currency rates , no impact to working capital , and no change in short term interest rates . the aep transaction is subject to a number of closing conditions , and may not be completed as of such time or at all . the $ 550 million of adjusted free cash flow includes $ 315 million of additions to property , plant and equipment and $ 60 million of payments under our tax receivable agreement . for the definition of adjusted free cash flow and further information related to adjusted free cash flow as a non-gaap financial measure , see `` liquidity and capital resources . `` recent developments term loans in june 2016 , the company entered into an incremental assumption agreement and amendment to lower the interest rates under certain of the existing term loans . the term loan maturing in january 2021 now bears interest at libor plus 2.50 % per annum with a libor floor of 1.00 % . the term loan maturing in october 2022 now bears interest at libor plus 2.75 % per annum with a libor floor of 1.00 % . additionally , if the company is able to achieve a net first lien secured leverage ratio below 3.0 to 1.0 , the interest rate on the term loan maturing in october 2022 will be reduced to libor plus 2.50 % . all other terms remain unchanged . the term loans are considered to be a loan syndication and as a result , a portion of the existing term loans were modified and a portion were considered to be extinguished . the company recorded $ 4 million to loss on debt extinguishment , reflecting the write-off of deferred financing fees and debt discounts , net of amortization associated with the portion of the debt that was considered extinguished . the company also capitalized an incremental $ 2 million of debt discount related to this assumption agreement . 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 . 15 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 . the company acquired the remaining non-controlling interest in fiscal 2016. fiscal 2016 acquisitions avintiv inc. story_separator_special_tag replace_table_token_15_th debt extinguishment increase of $ 59 million from fiscal 2014 primarily due to tender and redemption costs associated with the discharge of the 9¾ % second priority senior secured notes in fiscal 2015 compared to the various costs related to the discharge of the 9½ % second priority senior secured notes in fiscal 2014. replace_table_token_16_th the other expense ( income ) increase of $ 8 million from fiscal 2014 is primarily the result of losses realized on the sale and disposal of assets in fiscal 2015 compared to gains on the sale of assets in fiscal 2014. replace_table_token_17_th interest expense decreased $ 30 million from fiscal 2014 primarily as the result of the retirement of the 9 3 / 4 % second priority senior secured notes and corresponding issuance of the 5 1 / 8 % second priority senior secured notes in june 2015 as well as the retirement of the 9½ % second priority senior secured notes and corresponding issuance of the 5½ % second priority senior secured notes in may 2014. replace_table_token_18_th we recorded an income tax expense of $ 36 million in fiscal 2015. the effective tax rate for fiscal 2015 compared to fiscal 2014 is impacted by discrete items , the inclusion of certain international entities for which a full valuation allowance is recognized , and $ 20 million of federal and state research and development tax credits recognized in fiscal 2014. changes in comprehensive income the $ 27 million decrease in comprehensive income from fiscal 2014 is primarily attributed to a $ 29 million increase in currency translation losses and a $ 19 million unfavorable change in the fair value of interest rate hedges , net of tax partially offset by a $ 24 million increase in net income . currency translation losses are primarily related to non-u.s. subsidiaries with a functional currency other than the u.s. dollar whereby assets and liabilities are translated from the respective functional currency into u.s. dollars using period-end exchange rates . the change in currency translation losses were primarily attributed to locations utilizing the euro , canadian dollar , mexican peso , and brazilian real as their functional currency . as part of the overall risk management , the company uses derivative instruments to reduce exposure to changes in interest rates attributed to the company 's floating-rate borrowings and records changes to the fair value of these instruments in accumulated other comprehensive income . the change in fair value of these instruments in fiscal 2015 versus fiscal 2014 is primarily attributed to a change in the forward interest curve between measurement dates . 20 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 $ 4.1 billion of term loans and a $ 650 million asset based revolving line of credit . the revolving credit facility matures in may 2020 , $ 1.9 billion of the term loans mature in october 2022 , $ 814 million 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 or an amount determined by a defined borrowing base which is calculated based on net eligible amounts of accounts receivable and inventory . at the end of fiscal 2016 , the company had no outstanding balance on the revolving credit facility and unused borrowing capacity of $ 536 million under the revolving line of credit . the company was in compliance with all covenants at the end of fiscal 2016. despite not having financial maintenance covenants , our debt agreements contain certain negative covenants . the failure to comply with these negative covenants could restrict our ability to incur additional indebtedness , effect acquisitions , enter into certain significant business combinations , make distributions or redeem indebtedness . the term loan facility contains a negative covenant first lien secured leverage ratio covenant of 4.0 to 1.0 on a pro forma basis for a proposed transaction , such as an acquisition or incurrence of additional first lien debt . as of october 1 , 2016 , our first lien debt of $ 4.2 billion less domestic cash and cash equivalents of $ 108 million divided by our four quarters ended adjusted ebitda resulted in a first lien secured leverage ratio of 3.4 to 1.0. a key financial metric utilized in the calculation of the first lien leverage ratio is adjusted ebitda ( defined as `` ebitda `` in the company 's senior secured credit facilities , but referred to herein as adjusted ebitda ) . the following table reconciles ( i ) our adjusted ebitda to net income and ( ii ) our adjusted free cash flow to cash flow from operating activities for fiscal 2016 : replace_table_token_19_th ( a ) includes business optimization and integration expenses adjusted ebitda and adjusted free cash flow , as presented in this document , are supplemental financial measures that are not required by , or presented in accordance with , generally accepted accounting principles in the united states ( `` gaap `` ) . adjusted ebitda and adjusted free cash flow are not gaap financial measures and should not be considered as an alternative to operating or net income or cash flows from operating activities , in each case determined in accordance with gaap . adjusted ebitda is used by our lenders for debt covenant compliance . we define `` adjusted free cash flow `` as cash flow from operating activities less additions to property , plant and equipment and payments under the tax receivable agreement . we believe adjusted free cash flow is useful to an investor

cash flows from investing activities net cash used in investing activities increased $ 2,414 million from fiscal 2015 primarily attributed to the avintiv acquisition and higher capital expenditures to support the larger consolidated business . net cash used in investing activities decreased $ 257 million to $ 165 million in fiscal 2015 primarily as a result of decreased acquisition activity and lower capital expenditures . cash flows from financing activities net cash provided by financing activities increased $ 2,182 million from fiscal 2015 primarily attributed to incremental financing related to the avintiv acquisition , partially offset by the $ 78 million purchase of non-controlling interest and repayment of $ 524 million on long-term borrowings . 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 . 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 2016 was $ 174 million , prior to the $ 60 million payment made in october of 2016 .


 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.
     ```cash flows from investing activities net cash used in investing activities increased $ 2,414 million from fiscal 2015 primarily attributed to the avintiv acquisition and higher capital expenditures to support the larger consolidated business . net cash used in investing activities decreased $ 257 million to $ 165 million in fiscal 2015 primarily as a result of decreased acquisition activity and lower capital expenditures . cash flows from financing activities net cash provided by financing activities increased $ 2,182 million from fiscal 2015 primarily attributed to incremental financing related to the avintiv acquisition , partially offset by the $ 78 million purchase of non-controlling interest and repayment of $ 524 million on long-term borrowings . 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 . 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 2016 was $ 174 million , prior to the $ 60 million payment made in october of 2016 .
```    
 Suspicious Activity Report : the three month simple average price per pound , as published by market indexes , were as follows : replace_table_token_3_th due to differences in the timing of passing through resin cost changes to our customers on escalator/de-escalator programs , segments are negatively impacted in the short term when plastic resin costs increase and are positively impacted in the short term when plastic resin costs decrease . this timing lag in passing through raw material cost changes could affect our results as plastic resin costs fluctuate . outlook . the company is impacted by general economic and industrial growth , plastic resin availability and affordability , and general industrial production . our business has both geographic and end-market diversity , which reduces the effect of any one of these factors on our overall performance . our results are affected by our ability to pass through raw material cost changes to our customers , improve manufacturing productivity and adapt to volume changes of our customers . historically , there has been a very tight correlation between oil prices and the cost of our key raw materials , polyethylene and polypropylene . during fiscal 2016 , capacity expansions in polyethylene in north america have benefited the company . overall , we continue to believe that these current trends in global oil and resin markets will be positive for the company . we believe the fiscal 2017 volume environment in the markets we serve will remain consistent with fiscal 2016 which will be partially offset by one less week of operations in fiscal 2017 compared to fiscal 2016. additionally , we believe there are growth opportunities within the health , pharmaceuticals , personal care and food packaging markets existing outside of north america , especially in asia , where expected per capita consumption increases should result in organic market growth . for fiscal 2017 , we project cash flow from operations and adjusted free cash flow of $ 925 million and $ 550 million , respectively , assuming the aep transaction is completed on february 1 , 2017. these estimates assume $ 80 million of tax payments , $ 60 million of business integration costs , constant currency rates , no impact to working capital , and no change in short term interest rates . the aep transaction is subject to a number of closing conditions , and may not be completed as of such time or at all . the $ 550 million of adjusted free cash flow includes $ 315 million of additions to property , plant and equipment and $ 60 million of payments under our tax receivable agreement . for the definition of adjusted free cash flow and further information related to adjusted free cash flow as a non-gaap financial measure , see `` liquidity and capital resources . `` recent developments term loans in june 2016 , the company entered into an incremental assumption agreement and amendment to lower the interest rates under certain of the existing term loans . the term loan maturing in january 2021 now bears interest at libor plus 2.50 % per annum with a libor floor of 1.00 % . the term loan maturing in october 2022 now bears interest at libor plus 2.75 % per annum with a libor floor of 1.00 % . additionally , if the company is able to achieve a net first lien secured leverage ratio below 3.0 to 1.0 , the interest rate on the term loan maturing in october 2022 will be reduced to libor plus 2.50 % . all other terms remain unchanged . the term loans are considered to be a loan syndication and as a result , a portion of the existing term loans were modified and a portion were considered to be extinguished . the company recorded $ 4 million to loss on debt extinguishment , reflecting the write-off of deferred financing fees and debt discounts , net of amortization associated with the portion of the debt that was considered extinguished . the company also capitalized an incremental $ 2 million of debt discount related to this assumption agreement . 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 . 15 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 . the company acquired the remaining non-controlling interest in fiscal 2016. fiscal 2016 acquisitions avintiv inc. story_separator_special_tag replace_table_token_15_th debt extinguishment increase of $ 59 million from fiscal 2014 primarily due to tender and redemption costs associated with the discharge of the 9¾ % second priority senior secured notes in fiscal 2015 compared to the various costs related to the discharge of the 9½ % second priority senior secured notes in fiscal 2014. replace_table_token_16_th the other expense ( income ) increase of $ 8 million from fiscal 2014 is primarily the result of losses realized on the sale and disposal of assets in fiscal 2015 compared to gains on the sale of assets in fiscal 2014. replace_table_token_17_th interest expense decreased $ 30 million from fiscal 2014 primarily as the result of the retirement of the 9 3 / 4 % second priority senior secured notes and corresponding issuance of the 5 1 / 8 % second priority senior secured notes in june 2015 as well as the retirement of the 9½ % second priority senior secured notes and corresponding issuance of the 5½ % second priority senior secured notes in may 2014. replace_table_token_18_th we recorded an income tax expense of $ 36 million in fiscal 2015. the effective tax rate for fiscal 2015 compared to fiscal 2014 is impacted by discrete items , the inclusion of certain international entities for which a full valuation allowance is recognized , and $ 20 million of federal and state research and development tax credits recognized in fiscal 2014. changes in comprehensive income the $ 27 million decrease in comprehensive income from fiscal 2014 is primarily attributed to a $ 29 million increase in currency translation losses and a $ 19 million unfavorable change in the fair value of interest rate hedges , net of tax partially offset by a $ 24 million increase in net income . currency translation losses are primarily related to non-u.s. subsidiaries with a functional currency other than the u.s. dollar whereby assets and liabilities are translated from the respective functional currency into u.s. dollars using period-end exchange rates . the change in currency translation losses were primarily attributed to locations utilizing the euro , canadian dollar , mexican peso , and brazilian real as their functional currency . as part of the overall risk management , the company uses derivative instruments to reduce exposure to changes in interest rates attributed to the company 's floating-rate borrowings and records changes to the fair value of these instruments in accumulated other comprehensive income . the change in fair value of these instruments in fiscal 2015 versus fiscal 2014 is primarily attributed to a change in the forward interest curve between measurement dates . 20 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 $ 4.1 billion of term loans and a $ 650 million asset based revolving line of credit . the revolving credit facility matures in may 2020 , $ 1.9 billion of the term loans mature in october 2022 , $ 814 million 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 or an amount determined by a defined borrowing base which is calculated based on net eligible amounts of accounts receivable and inventory . at the end of fiscal 2016 , the company had no outstanding balance on the revolving credit facility and unused borrowing capacity of $ 536 million under the revolving line of credit . the company was in compliance with all covenants at the end of fiscal 2016. despite not having financial maintenance covenants , our debt agreements contain certain negative covenants . the failure to comply with these negative covenants could restrict our ability to incur additional indebtedness , effect acquisitions , enter into certain significant business combinations , make distributions or redeem indebtedness . the term loan facility contains a negative covenant first lien secured leverage ratio covenant of 4.0 to 1.0 on a pro forma basis for a proposed transaction , such as an acquisition or incurrence of additional first lien debt . as of october 1 , 2016 , our first lien debt of $ 4.2 billion less domestic cash and cash equivalents of $ 108 million divided by our four quarters ended adjusted ebitda resulted in a first lien secured leverage ratio of 3.4 to 1.0. a key financial metric utilized in the calculation of the first lien leverage ratio is adjusted ebitda ( defined as `` ebitda `` in the company 's senior secured credit facilities , but referred to herein as adjusted ebitda ) . the following table reconciles ( i ) our adjusted ebitda to net income and ( ii ) our adjusted free cash flow to cash flow from operating activities for fiscal 2016 : replace_table_token_19_th ( a ) includes business optimization and integration expenses adjusted ebitda and adjusted free cash flow , as presented in this document , are supplemental financial measures that are not required by , or presented in accordance with , generally accepted accounting principles in the united states ( `` gaap `` ) . adjusted ebitda and adjusted free cash flow are not gaap financial measures and should not be considered as an alternative to operating or net income or cash flows from operating activities , in each case determined in accordance with gaap . adjusted ebitda is used by our lenders for debt covenant compliance . we define `` adjusted free cash flow `` as cash flow from operating activities less additions to property , plant and equipment and payments under the tax receivable agreement . we believe adjusted free cash flow is useful to an investor

