what was the percentage change in unrealized gains ( losses ) on afs securities from december 31 , 2006 to december 31 , 2007?
notes to consolidated financial statements jpmorgan chase & co . 162 jpmorgan chase & co . / 2007 annual report note 25 2013 accumulated other comprehensive income ( loss ) accumulated other comprehensive income ( loss ) includes the after-tax change in sfas 115 unrealized gains and losses on afs securities , sfas 52 foreign currency translation adjustments ( including the impact of related derivatives ) , sfas 133 cash flow hedging activities and sfas 158 net loss and prior service cost ( credit ) related to the firm 2019s defined benefit pension and opeb plans . net loss and accumulated translation prior service ( credit ) of other unrealized gains ( losses ) adjustments , cash defined benefit pension comprehensive ( in millions ) on afs securities ( a ) net of hedges flow hedges and opeb plans ( e ) income ( loss ) balance at december 31 , 2004 $ ( 61 ) $ ( 8 ) $ ( 139 ) $ 2014 $ ( 208 ) net change ( 163 ) ( b ) 2014 ( 255 ) 2014 ( 418 ) balance at december 31 , 2005 ( 224 ) ( 8 ) ( 394 ) 2014 ( 626 ) net change 253 ( c ) 13 ( 95 ) 2014 171 adjustment to initially apply sfas 158 , net of taxes 2014 2014 2014 ( 1102 ) ( 1102 ) .

| (in millions) | Unrealized gains (losses) on AFS securities<sup></sup><sup>(a)</sup><sup></sup> | Translation adjustments, net of hedges | Cash flow hedges | Net loss andprior service (credit) of defined benefit pension and OPEB plans<sup></sup><sup>(e)</sup><sup></sup> | Accumulated other comprehensive income (loss) |
| :--- | :--- | :--- | :--- | :--- | :--- |
| Balance at December 31, 2004 | $ (61) | $ (8) | $ (139) | $ — | $ (208) |
| Net change | (163)<sup></sup><sup>(b)</sup><sup></sup> | — | (255) | — | (418) |
| Balance at December 31, 2005 | (224) | (8) | (394) | — | (626) |
| Net change | 253<sup></sup><sup>(c)</sup><sup></sup> | 13 | (95) | — | 171 |
| Adjustment to initially apply SFAS 158, net of taxes | — | — | — | (1,102) | (1,102) |
| Balance at December 31, 2006 | 29 | 5 | (489) | (1,102) | (1,557) |
| Cumulative effect of changes in accounting principles (SFAS 159) | (1) | — | — | — | (1) |
| Balance at January 1, 2007, adjusted | 28 | 5 | (489) | (1,102) | (1,558) |
| Net change | 352<sup>(d)</sup> | 3 | (313) | 599 | 641 |
| Balance at December 31, 2007 | $ 380 | $ 8 | $ (802) | $ (503) | $ (917) |

net change 352 ( d ) 3 ( 313 ) 599 641 balance at december 31 , 2007 $ 380 $ 8 $ ( 802 ) $ ( 503 ) $ ( 917 ) ( a ) represents the after-tax difference between the fair value and amortized cost of the afs securities portfolio and retained interests in securitizations recorded in other assets . ( b ) the net change during 2005 was due primarily to higher interest rates , partially offset by the reversal of unrealized losses from securities sales . ( c ) the net change during 2006 was due primarily to the reversal of unrealized losses from securities sales . ( d ) the net change during 2007 was due primarily to a decline in interest rates . ( e ) for further discussion of sfas 158 , see note 9 on pages 124 2013130 of this annual report. .

unrealized_gains_2007 = 380
unrealized_gains_2006 = 29
change = unrealized_gains_2007 - unrealized_gains_2006
percent_change = change / unrealized_gains_2006
answer = percent_change * 100