what portion of the total capital expenditures is related to redevelopment?
Important information:
text_11: 2022 we spent $ 701.4 million for capital expenditures , as follows ( in millions ) : .
table_3: discretionary capital projects ( 1 ) the redevelopment of $ 149.7 is 147.4 ;
table_5: discretionary capital projects ( 1 ) the total capital expenditures of $ 149.7 is $ 701.4 ;
Reasoning Steps:
Step: divide1-1(147.4, 701.4) = 21.0%
Program:
divide(147.4, 701.4)
Program (Nested):
divide(147.4, 701.4)

Please answer the following financial question based on the context provided. Make sure to give the answer in raw number, not in percentage and without any units. If the question asks for percentage the value should be less than 1
Context:
as of december 31 , 2016 , we had total outstanding indebtedness of $ 18.7 billion , with a current portion of $ 238.8 million . during the year ended december 31 , 2016 , we generated sufficient cash flow from operations to fund our capital expenditures and debt service obligations , as well as our required distributions . we believe the cash generated by operating activities during the year ending december 31 , 2017 will be sufficient to fund our required distributions , capital expenditures , debt service obligations ( interest and principal repayments ) and signed acquisitions . as of december 31 , 2016 , we had $ 423.0 million of cash and cash equivalents held by our foreign subsidiaries , of which $ 183.9 million was held by our joint ventures . while certain subsidiaries may pay us interest or principal on intercompany debt , it has not been our practice to repatriate earnings from our foreign subsidiaries primarily due to our ongoing expansion efforts and related capital needs . however , in the event that we do repatriate any funds , we may be required to accrue and pay taxes . cash flows from operating activities for the year ended december 31 , 2016 , cash provided by operating activities increased $ 520.6 million as compared to the year ended december 31 , 2015 . the primary factors that impacted cash provided by operating activities as compared to the year ended december 31 , 2015 , include : 2022 an increase in our operating profit of $ 490.8 million ; 2022 an increase of approximately $ 67.1 million in cash paid for interest ; and 2022 a decrease of approximately $ 60.8 million in cash paid for taxes . for the year ended december 31 , 2015 , cash provided by operating activities increased $ 48.5 million as compared to the year ended december 31 , 2014 . the primary factors that impacted cash provided by operating activities as compared to the year ended december 31 , 2014 , include : 2022 an increase in our operating profit of $ 433.3 million ; 2022 an increase of approximately $ 87.8 million in cash paid for taxes , driven primarily by the mipt one-time cash tax charge of $ 93.0 million ; 2022 a decrease in capital contributions , tenant settlements and other prepayments of approximately $ 99.0 million ; 2022 an increase of approximately $ 29.9 million in cash paid for interest ; 2022 a decrease of approximately $ 34.9 million in termination and decommissioning fees ; 2022 a decrease of approximately $ 49.0 million in tenant receipts due to timing ; and 2022 a decrease due to the non-recurrence of a 2014 value added tax refund of approximately $ 60.3 million . cash flows from investing activities our significant investing activities during the year ended december 31 , 2016 are highlighted below : 2022 we spent approximately $ 1.1 billion for the viom acquisition . 2022 we spent $ 701.4 million for capital expenditures , as follows ( in millions ) : .
Table
discretionary capital projects ( 1 )                  | $ 149.7
ground lease purchases                                | 153.3  
capital improvements and corporate expenditures ( 2 ) | 126.7  
redevelopment                                         | 147.4  
start-up capital projects                             | 124.3  
total capital expenditures                            | $ 701.4
_______________ ( 1 ) includes the construction of 1869 communications sites globally . ( 2 ) includes $ 18.9 million of capital lease payments included in repayments of notes payable , credit facilities , term loan , senior notes and capital leases in the cash flow from financing activities in our consolidated statement of cash flows . our significant investing transactions in 2015 included the following : 2022 we spent $ 5.059 billion for the verizon transaction . 2022 we spent $ 796.9 million for the acquisition of 5483 communications sites from tim in brazil . 2022 we spent $ 1.1 billion for the acquisition of 4716 communications sites from certain of airtel 2019s subsidiaries in nigeria. .
Question: 
what portion of the total capital expenditures is related to redevelopment?
Important information:
text_11: 2022 we spent $ 701.4 million for capital expenditures , as follows ( in millions ) : .
table_3: discretionary capital projects ( 1 ) the redevelopment of $ 149.7 is 147.4 ;
table_5: discretionary capital projects ( 1 ) the total capital expenditures of $ 149.7 is $ 701.4 ;
Reasoning Steps:
Step: divide1-1(147.4, 701.4) = 21.0%
Program:
divide(147.4, 701.4)
Program (Nested):
divide(147.4, 701.4)
