pre_text: notes to consolidated financial statements see notes 6 and 7 for further information about fair value measurements of cash instruments and derivatives , respectively , included in 201cfinancial instruments owned , at fair value 201d and 201cfinancial instruments sold , but not yet purchased , at fair value , 201d and note 8 for further information about fair value measurements of other financial assets and financial liabilities accounted for at fair value under the fair value option . the table below presents financial assets and financial liabilities accounted for at fair value under the fair value option or in accordance with other u.s . gaap . in the table below , cash collateral and counterparty netting represents the impact on derivatives of netting across levels of the fair value hierarchy . netting among positions classified in the same level is included in that level. .
post_text: 1 . includes approximately $ 890 billion and $ 915 billion as of december 2013 and december 2012 , respectively , that is carried at fair value or at amounts that generally approximate fair value . level 3 financial assets as of december 2013 decreased compared with december 2012 , primarily reflecting a decrease in derivative assets , bank loans and bridge loans , and loans and securities backed by commercial real estate . the decrease in derivative assets primarily reflected a decline in credit derivative assets , principally due to settlements and unrealized losses . the decrease in bank loans and bridge loans , and loans and securities backed by commercial real estate primarily reflected settlements and sales , partially offset by purchases and transfers into level 3 . level 3 financial liabilities as of december 2013 decreased compared with december 2012 , primarily reflecting a decrease in other liabilities and accrued expenses , principally due to the sale of a majority stake in the firm 2019s european insurance business in december 2013 . see notes 6 , 7 and 8 for further information about level 3 cash instruments , derivatives and other financial assets and financial liabilities accounted for at fair value under the fair value option , respectively , including information about significant unrealized gains and losses , and transfers in and out of level 3 . 124 goldman sachs 2013 annual report .
table: As of December
table: <i>$ in millions</i> 2013 2012
table: Total level 1 financial assets $156,030 $ 190,737
table: Total level 2 financial assets 499,480 502,293
table: Total level 3 financial assets 40,013 47,095
table: Cash collateral and counterparty netting (95,350) (101,612)
table: Total financial assets at fair value $600,173 $ 638,513
table: Total assets<sup>1</sup> $911,507 $ 938,555
table: Total level 3 financial assets as a percentage of Total assets 4.4% 5.0%
table: Total level 3 financial assets as a percentage of Total financial assets at fair value 6.7% 7.4%
table: Total level 1 financialliabilities $ 68,412 $ 65,994
table: Total level 2 financial liabilities 300,583 318,764
table: Total level 3 financial liabilities 12,046 25,679
table: Cash collateral and counterparty netting (25,868) (32,760)
table: Total financial liabilities at fair value $355,173 $ 377,677
table: Total level 3 financial liabilities as a percentage of Total financial liabilities at fairvalue 3.4% 6.8%
question: Analyse this data from a financial earnings document. what is the growth rate in total financial liabilities at fair value in 2013?