Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.


we recorded liabilities for certain litigation settlements in prior periods . total liabilities for litigation settlements changed from december 31 , 2006 , as follows : ( in millions ) . <table class='wikitable'><tr><td>1</td><td>balance as of december 31 2006</td><td>$ 477</td></tr><tr><td>2</td><td>provision for litigation settlements ( note 20 )</td><td>3</td></tr><tr><td>3</td><td>interest accretion on u.s . merchant lawsuit</td><td>38</td></tr><tr><td>4</td><td>payments</td><td>-114 ( 114 )</td></tr><tr><td>5</td><td>balance as of december 31 2007</td><td>$ 404</td></tr><tr><td>6</td><td>provision for discover settlement</td><td>863</td></tr><tr><td>7</td><td>provision for american express settlement</td><td>1649</td></tr><tr><td>8</td><td>provision for other litigation settlements</td><td>6</td></tr><tr><td>9</td><td>interest accretion on u.s . merchant lawsuit</td><td>33</td></tr><tr><td>10</td><td>interest accretion on american express settlement</td><td>44</td></tr><tr><td>11</td><td>payments on american express settlement</td><td>-300 ( 300 )</td></tr><tr><td>12</td><td>payments on discover settlement</td><td>-863 ( 863 )</td></tr><tr><td>13</td><td>payment on u.s . merchant lawsuit</td><td>-100 ( 100 )</td></tr><tr><td>14</td><td>other payments and accretion</td><td>-1 ( 1 )</td></tr><tr><td>15</td><td>balance as of december 31 2008</td><td>$ 1736</td></tr></table> * note that table may not sum due to rounding . contribution expense 2014foundation in may 2006 , in conjunction with our initial public offering ( 201cipo 201d ) , we issued 13496933 shares of our class a common stock as a donation to the foundation that is incorporated in canada and controlled by directors who are independent of us and our customers . the foundation builds on mastercard 2019s existing charitable giving commitments by continuing to support programs and initiatives that help children and youth to access education , understand and utilize technology , and develop the skills necessary to succeed in a diverse and global work force . the vision of the foundation is to make the economy work for everybody by advancing innovative programs in areas of microfinance and youth education . in connection with the donation of the class a common stock , we recorded an expense of $ 395 million which was equal to the aggregate value of the shares we donated . in both 2007 and 2006 , we recorded expenses of $ 20 million for cash donations we made to the foundation , completing our intention , announced at the time of the ipo , to donate approximately $ 40 million in cash to the foundation in support of its operating expenses and charitable disbursements for the first four years of its operations . we may make additional cash contributions to the foundation in the future . the cash and stock donations to the foundation are generally not deductible by mastercard for tax purposes . as a result of this difference between the financial statement and tax treatments of the donations , our effective income tax rate for the year ended december 31 , 2006 is significantly higher than our effective income tax rates for 2007 and 2008 . depreciation and amortization depreciation and amortization expenses increased $ 14 million in 2008 and decreased $ 2 million in 2007 . the increase in depreciation and amortization expense in 2008 is primarily due to increased investments in leasehold and building improvements , data center equipment and capitalized software . the decrease in depreciation and amortization expense in 2007 was primarily related to certain assets becoming fully depreciated . depreciation and amortization will increase as we continue to invest in leasehold and building improvements , data center equipment and capitalized software. .
Question: what is the balance of total liabilities for litigation settlements in 2008?
Answer: 1736.0
Question: what about in 2007?
Answer: 404.0
Question: what is the net change?
Answer: 1332.0
Question: what about the net change during 2007?

-73.0