In FY2017, our total revenue was $69.7 billion and total expenses were $72.4 billion, resulting in a net loss of $2.7 billion. This was $1.5 billion less than the $4.2 billion net loss planned in the FY2017 IFP. The lower-than-anticipated net loss was primarily due to a $2.2 billion reduction in workers’ compensation liability (mostly caused by an increase in interest rates), which was partially offset by a revenue shortfall of $1.0 billion.