confronting apc's on.

actuary, janet, who is doing an amazing job in making sure to work hi ron and we also worked with an apc so that we have good estimates of what to expect in terms of our pension obligations i will have a few slides on that , but we've collected a lot more details, and there's also been a presentation on the trust , and their scenarios these are why we are here and why our biggest obligation here is to make sure we continue paying the benefits that are promised. so that is the first pillar, in the first input of the liquidity profile. the second is on the left-hand side, and we will spend a lot of time today analysing and understanding how we estimate and this is the cash flow forecast for our private investments. we have considerable allocation to private investment, and the asset allocation that we reviewed last month, we have 45% of total plan assets dedicated to private investments. these are draw down vehicles. they draw capital and opportunistically distribute it, and it's hard for us to estimate what the calls are, and what the liquidity profile is, but it doesn't mean we wouldn't

. >> he is speaking his incident two here's apc's kenneth moten. >> reporter: in this morning's gma first look, we are hearing for the first time a man pulled from a flight in 2017, the video financial viral. >> he busted his lip. >> o my god, look what you did to him. >> reporter: it left him with a concussion, broken knees and two missing teeth. >> you had paid for that seat? >> yes. >> you were sitting in that seat? >> yes. and then my seatbelt tied it up. >> have you watched the video? >> later on. >> what's that like to watch? >> i just cry. >> you can hear you screaming in pain. >> i don't know how to cry. >> reporter: coming up atp:00. a. a, we will learn more of the settlement he received from the airline. >> coming up, history on "american idol". the first time ever. >>> also why one avengers star ended up at an lapd station on jimmy kimmel live. >> a restaurant suddenly closed after two decades in business, what the owners plan to focus on now. >> could you make money with your home without signing up with airbnb? i'm michael finney. this is 57 on your side quick tip. the answer

do you believe it's possible somebody out there could come in with a higher bid for apc? >> i think it is possible, but it probably wouldn't be a great idea the chevron anadarko deal is almost perfect in a lot of ways. it's a smart deal. it's not just a multiple slapped on the number. a lot of simulation models it's possible. this is a really good emp. >> i want to make it clear that just because that arbitrage spread is negative, it doesn't mean -- it simply means that if you were long one stock and short the other, that bid has flipped, and reversed. it's fairly rare in a deal like this that's why we're paying attention to it. >> that's right. >> what makes the permian so attractive right now >> a lot of the economics have changed. we've seen a lot of hard work on the cost side. you probably saw even on this channel the exxon ceo said they're going to move in the permian and be able to make double digit returns on $35 oil. i think that the -- when you are -- especially when you are in houston, you see daily hard work on efficiency cost, every day people trying to find a

. >> apache's symbol should be apc, but it's not. mentioned another name -- >> eog. >> eog >> okay, all right, joe. stay with us mike, you're stuck, so i don't have to ask you. >> yeah. >> okay. >>> we'll get back to deals and earnings in jua little bit first, rochester drug cooperative and two former executives have been charged in the nation's ongoing opioid crisis rdc, one of the top ten pharmaceutical distributors in the country, is accused of not reporting suspicious orders for opioids in what could be the first of many cases to come. joining us right now is former fda commissioner dr. scott gottlieb and dr. gottlieb, thank you for being here. >> thanks a lot. >> first time we've sat down with you since you left the post. >> that's right, thank you. >> again, we appreciate the work you did there and thank you for joining us this morning. >> thanks. >> this story i think is really interesting on many levels first of all, it's the first of many cases that could come like it, but i was kind of shocked at the low number they talked

you can talk about the chevron numbers all you want, but will they have to overpay for apc i think that'sust wondering, if this is in the middle of trade tensions and in the middle of, you know, everything, slowdown in europe and draghi and all these things, what happens if something good happens for the rest of the year >> well, i think that is right. >> it just offsets headwinds that you see coming anyway, and -- >> well, it looks -- >> would we be lucky to do 3.2% every quarter? >> we would. i don't think the growth trend rate in the u.s. economy is 3.2% -- >> would we be wrong about that? we keep hearing from people like kudlow that it's possible to go back to the haasan days of these -- >> yeah, i think the problem with that argument is it depends on this view that the tax cut caused a massive investment boom in the united states -- >> and we haven't seen that yet. >> and it just didn't happen so you're not getting that capacity addition from massive investment boom. so, that's why i think -- >> you need the productivity -- >> -- have been skeptical -- >> i know they have been they d