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We started to develop third-party business back in 2016, focusing in the Midland and the Delaware Basins. On the shelf offering that we have, obviously, that's the bestpractice to have a good chunk of offering for many reasons. We have come a long way with DKL. Delek Logistics started back in 2012 as a classic drop-down story.
We've made incredible progress on this top priority and have become a trusted and leading voice for security bestpractices in discussions with customers and prospects. Please see our Terms and Conditions for additional details, including our Obligatory Capitalized Disclaimers of Liability.
And in fact, we have taken all of our peak bestpractices from the United States, and we are expanding them around the world. Rajesh Subramaniam -- President and Chief Executive Officer And on the broader point here, you know, the trade as a percentage of GDP is essentially flatlined since about 2016.
My one ask of all businesses around the world, whether they're a Snowflake customer or not, is to enable and enforce multifactor authentication in your organization and ensure that you have network policies are as strong as possible, 2 things we at Snowflake have supported since 2016.There There are a lot of bright spots in the quarter.
Bringing people and process together drives further efficiency and enables us to scale bestpractices. And if you go back to 2016, we started with an amazing investment writing 601West at Aon. And it also gives our leaders -- client leaders and brokers the best insight of the market dynamics. Third, new products at scale.
We expect first production in early 2024 from Pad 267, our first new path since 2016, and we see debottlenecking potential at the facility to further improve our cash flows. You can match your assets and your liabilities pretty well with something like this. We also continue to progress our global LNG strategy.
and Canada property segment have expanded by over 440 basis points since 2016, the year following our Verizon transaction in the U.S. Please see our Terms and Conditions for additional details, including our Obligatory Capitalized Disclaimers of Liability. Notably, cash operating profit margins for our U.S. For example, in the U.S.,
The board has declared our next quarterly dividend payable in May and keeping consistent with industry bestpractices as we move through 2024, we will be shifting the declaration of the dividend to more closely align with the record dates. The Motley Fool recommends Hasbro. The Motley Fool has a disclosure policy.
This expectation includes another healthy year of colocation and amendment growth contributions of $180 million to $190 million, reflecting the expected step down from our record level achievement in 2023 though still approximately 20% higher than our 2016 to 2022 average. But we do feel good about the progress we've made there.
This is the kids brand that we launched in 2016. In total last year, our store teams rolled out new training on 25 separate bestpractices, and we've seen the benefit in our recent guest surveys. Please see our Terms and Conditions for additional details, including our Obligatory Capitalized Disclaimers of Liability.
And Canadian pensions have adopted some of their bestpractices and applied them to pension investment. At IMCO, we have 8 clients with very different liabilities. Investors with inflation-linked liabilities need to be much more careful about managing this risk. We have a utility scale battery company in the UK.
The reality is we have a strong portfolio that has been proven many times, and what matters is making sure that we have enough money all the time for the pension liabilities our clients need to deliver, and from that perspective we have very good starting point, he said. Emond said he expects U.S. Marc Cormier retired.
And Facebook had the same problem in 2016 to kind of 2019 or so, they removed over 2 billion fake accounts in a single quarter in 2019. We shared bestpractices in areas like digital marketing and search engine optimization, email marketing. And now obviously, YouTube is YouTube, right? The Motley Fool recommends Match Group.
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