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.


our consolidated net cash flows used for investing activities were $ 4.2 billion in 2010 , compared with $ 3.2 billion in 2009 . net investing activities for the indicated periods were related primarily to net purchases of fixed maturities and for 2010 included the acquisitions of rain and hail and jerneh insurance berhad . our consolidated net cash flows from financing activities were $ 732 million in 2010 , compared with net cash flows used for financing activities of $ 321 million in 2009 . net cash flows from/used for financing activities in 2010 and 2009 , included dividends paid on our common shares of $ 435 million and $ 388 million , respectively . net cash flows from financing activ- ities in 2010 , included net proceeds of $ 699 million from the issuance of long-term debt , $ 1 billion in reverse repurchase agreements , and $ 300 million in credit facility borrowings . this was partially offset by repayment of $ 659 million in debt and share repurchases settled in 2010 of $ 235 million . for 2009 , net cash flows used for financing activities included net pro- ceeds from the issuance of $ 500 million in long-term debt and the net repayment of debt and reverse repurchase agreements of $ 466 million . both internal and external forces influence our financial condition , results of operations , and cash flows . claim settle- ments , premium levels , and investment returns may be impacted by changing rates of inflation and other economic conditions . in many cases , significant periods of time , ranging up to several years or more , may lapse between the occurrence of an insured loss , the reporting of the loss to us , and the settlement of the liability for that loss . from time to time , we utilize reverse repurchase agreements as a low-cost alternative for short-term funding needs . we use these instruments on a limited basis to address short-term cash timing differences without disrupting our investment portfolio holdings and settle the transactions with future operating cash flows . at december 31 , 2010 , there were $ 1 billion in reverse repurchase agreements outstanding ( refer to short-term debt ) . in addition to cash from operations , routine sales of investments , and financing arrangements , we have agreements with a bank provider which implemented two international multi-currency notional cash pooling programs to enhance cash management efficiency during periods of short-term timing mismatches between expected inflows and outflows of cash by currency . in each program , participating ace entities establish deposit accounts in different currencies with the bank provider and each day the credit or debit balances in every account are notionally translated into a single currency ( u.s . dollars ) and then notionally pooled . the bank extends overdraft credit to any participating ace entity as needed , provided that the overall notionally-pooled balance of all accounts in each pool at the end of each day is at least zero . actual cash balances are not physically converted and are not co-mingled between legal entities . ace entities may incur overdraft balances as a means to address short-term timing mismatches , and any overdraft balances incurred under this program by an ace entity would be guaranteed by ace limited ( up to $ 150 million in the aggregate ) . our revolving credit facility allows for same day drawings to fund a net pool overdraft should participating ace entities withdraw contributed funds from the pool . capital resources capital resources consist of funds deployed or available to be deployed to support our business operations . the following table summarizes the components of our capital resources at december 31 , 2010 , and 2009. . <table class='wikitable'><tr><td>1</td><td>( in millions of u.s . dollars except for percentages )</td><td>2010</td><td>2009</td></tr><tr><td>2</td><td>short-term debt</td><td>$ 1300</td><td>$ 161</td></tr><tr><td>3</td><td>long-term debt</td><td>3358</td><td>3158</td></tr><tr><td>4</td><td>total debt</td><td>4658</td><td>3319</td></tr><tr><td>5</td><td>trust preferred securities</td><td>309</td><td>309</td></tr><tr><td>6</td><td>total shareholders 2019 equity</td><td>22974</td><td>19667</td></tr><tr><td>7</td><td>total capitalization</td><td>$ 27941</td><td>$ 23295</td></tr><tr><td>8</td><td>ratio of debt to total capitalization</td><td>16.7% ( 16.7 % )</td><td>14.2% ( 14.2 % )</td></tr><tr><td>9</td><td>ratio of debt plus trust preferred securities to total capitalization</td><td>17.8% ( 17.8 % )</td><td>15.6% ( 15.6 % )</td></tr></table> our ratios of debt to total capitalization and debt plus trust preferred securities to total capitalization have increased temporarily due to the increase in short-term debt , as discussed below . we expect that these ratios will decline over the next six to nine months as we repay the short-term debt . we believe our financial strength provides us with the flexibility and capacity to obtain available funds externally through debt or equity financing on both a short-term and long-term basis . our ability to access the capital markets is dependent on , among other things , market conditions and our perceived financial strength . we have accessed both the debt and equity markets from time to time. .
Question: what was the value of total debt in 2010?
Answer: 4658.0
Question: what was total shareholder equity in 2010?
Answer: 22974.0
Question: what is the sum of debt and equity?
Answer: 27632.0
Question: what is the value of debt of the sum of debt and equity?

0.16857