Why is Panthenol listed so high in some Aveeno products like this?

Aveeno is using Panthenol in some of their products at very high amount (maybe 4-5%). Does it have any special benefit at such high level compared to low levels?

Ingredients list: Water; Glycerin; Panthenol; Distearyldimonium Chloride; Petrolatum; Isopropyl Palmitate; Cetyl Alcohol; Dimethicone; Avena Sativa (Oat) Kernel Oil; Steareth-20; Benzalkonium Chloride; Ceramide NP; Sodium Chloride; Avena Sativa (Oat) Kernel Extract

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