2013 Form 10-K Financial Statement
#000005955814000011 Filed on February 25, 2014
Income Statement
| Concept | 2013 |
|---|---|
| Revenue | $12.04B |
| YoY Change | 4.4% |
| Cost Of Revenue | |
| YoY Change | |
| Gross Profit | |
| YoY Change | |
| Gross Profit Margin | |
| Selling, General & Admin | $2.079B |
| YoY Change | 5.05% |
| % of Gross Profit | |
| Research & Development | |
| YoY Change | |
| % of Gross Profit | |
| Depreciation & Amortization | $4.000M |
| YoY Change | 0.0% |
| % of Gross Profit | |
| Operating Expenses | $10.07B |
| YoY Change | 4.12% |
| Operating Profit | |
| YoY Change | |
| Interest Expense | -$265.0M |
| YoY Change | |
| % of Operating Profit | |
| Other Income/Expense, Net | |
| YoY Change | |
| Pretax Income | $1.631B |
| YoY Change | 4.02% |
| Income Tax | $387.0M |
| % Of Pretax Income | 23.73% |
| Net Earnings | $1.244B |
| YoY Change | -5.26% |
| Net Earnings / Revenue | 10.33% |
| Basic Earnings Per Share | |
| Diluted Earnings Per Share | $4.524M |
| COMMON SHARES | |
| Basic Shares Outstanding | 265.6M |
| Diluted Shares Outstanding |
Balance Sheet
| Concept | 2013 |
|---|---|
| SHORT-TERM ASSETS | |
| Cash & Short-Term Investments | |
| YoY Change | |
| Cash & Equivalents | $2.364B |
| Short-Term Investments | |
| Other Short-Term Assets | |
| YoY Change | |
| Inventory | |
| Prepaid Expenses | |
| Receivables | |
| Other Receivables | |
| Total Short-Term Assets | |
| YoY Change | |
| LONG-TERM ASSETS | |
| Property, Plant & Equipment | $47.00M |
| YoY Change | -27.69% |
| Goodwill | |
| YoY Change | |
| Intangibles | |
| YoY Change | |
| Long-Term Investments | $94.36B |
| YoY Change | -2.06% |
| Other Assets | |
| YoY Change | |
| Total Long-Term Assets | |
| YoY Change | |
| TOTAL ASSETS | |
| Total Short-Term Assets | |
| Total Long-Term Assets | |
| Total Assets | $236.9B |
| YoY Change | 8.26% |
| SHORT-TERM LIABILITIES | |
| YoY Change | |
| Accounts Payable | |
| YoY Change | |
| Accrued Expenses | |
| YoY Change | |
| Deferred Revenue | |
| YoY Change | |
| Short-Term Debt | $0.00 |
| YoY Change | |
| Long-Term Debt Due | $501.0M |
| YoY Change | 150.5% |
| Total Short-Term Liabilities | $3.739B |
| YoY Change | -14.65% |
| LONG-TERM LIABILITIES | |
| Long-Term Debt | $5.320B |
| YoY Change | -2.19% |
| Other Long-Term Liabilities | $4.525B |
| YoY Change | -18.47% |
| Total Long-Term Liabilities | $9.845B |
| YoY Change | -10.41% |
| TOTAL LIABILITIES | |
| Total Short-Term Liabilities | $3.739B |
| Total Long-Term Liabilities | $9.845B |
| Total Liabilities | $223.5B |
| YoY Change | 9.61% |
| SHAREHOLDERS EQUITY | |
| Retained Earnings | |
| YoY Change | |
| Common Stock | |
| YoY Change | |
| Preferred Stock | |
| YoY Change | |
| Treasury Stock (at cost) | |
| YoY Change | |
| Treasury Stock Shares | |
| Shareholders Equity | $13.45B |
| YoY Change | |
| Total Liabilities & Shareholders Equity | $236.9B |
| YoY Change | 8.26% |
Cashflow Statement
| Concept | 2013 |
|---|---|
| OPERATING ACTIVITIES | |
| Net Income | $1.244B |
| YoY Change | -5.26% |
| Depreciation, Depletion And Amortization | $4.000M |
| YoY Change | 0.0% |
| Cash From Operating Activities | $799.0M |
| YoY Change | -37.04% |
| INVESTING ACTIVITIES | |
| Capital Expenditures | |
| YoY Change | |
| Acquisitions | |
| YoY Change | |
| Other Investing Activities | -$4.710B |
| YoY Change | -2673.77% |
| Cash From Investing Activities | -$4.710B |
| YoY Change | 22.12% |
| FINANCING ACTIVITIES | |
| Cash Dividend Paid | |
| YoY Change | |
| Common Stock Issuance & Retirement, Net | |
| YoY Change | |
| Debt Paid & Issued, Net | |
| YoY Change | |
| Cash From Financing Activities | 2.045B |
| YoY Change | -11.4% |
| NET CHANGE | |
| Cash From Operating Activities | 799.0M |
| Cash From Investing Activities | -4.710B |
| Cash From Financing Activities | 2.045B |
| Net Change In Cash | -1.866B |
| YoY Change | 566.43% |
| FREE CASH FLOW | |
| Cash From Operating Activities | $799.0M |
| Capital Expenditures | |
| Free Cash Flow | |
| YoY Change |
Facts In Submission
| Frame | Concept Type | Concept / XBRL Key | Value | Unit |
|---|---|---|---|---|
| CY2013Q4 | lnc |
Collateral Payable Held For Derivative Investments Carrying Value
CollateralPayableHeldForDerivativeInvestmentsCarryingValue
|
638000000 | |
| CY2013 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
265631377 | |
| CY2013Q4 | lnc |
Securities Pledged For Federal Home Loan Bank Of Indianapolis Carrying Value
SecuritiesPledgedForFederalHomeLoanBankOfIndianapolisCarryingValue
|
1850000000 | |
| CY2013Q4 | lnc |
Securities Pledged Under Reverse Repurchase Agreements Fair Value
SecuritiesPledgedUnderReverseRepurchaseAgreementsFairValue
|
553000000 | |
| CY2013Q4 | lnc |
Securities Pledged Under Securities Lending Agreements Carrying Value
SecuritiesPledgedUnderSecuritiesLendingAgreementsCarryingValue
|
184000000 | |
| CY2013Q4 | lnc |
Securities Pledged For Federal Home Loan Bank Of Indianapolis Fair Value
SecuritiesPledgedForFederalHomeLoanBankOfIndianapolisFairValue
|
3127000000 | |
| CY2013Q4 | lnc |
Securities Pledged For Term Asset Backed Securities Loan Facility Carrying Value
SecuritiesPledgedForTermAssetBackedSecuritiesLoanFacilityCarryingValue
|
36000000 | |
| CY2013Q4 | lnc |
Securities Pledged For Term Asset Backed Securities Loan Facility Fair Value
SecuritiesPledgedForTermAssetBackedSecuritiesLoanFacilityFairValue
|
49000000 | |
| CY2013Q4 | lnc |
Securities Pledged Under Reverse Repurchase Agreements Carrying Value
SecuritiesPledgedUnderReverseRepurchaseAgreementsCarryingValue
|
530000000 | |
| CY2013Q4 | lnc |
Securities Pledged Under Securities Lending Agreements Fair Value
SecuritiesPledgedUnderSecuritiesLendingAgreementsFairValue
|
178000000 | |
| CY2013Q4 | lnc |
Collateral Payable Held For Derivative Investments Fair Value
CollateralPayableHeldForDerivativeInvestmentsFairValue
|
638000000 | |
| CY2011 | lnc |
Fair Value Measurement With Unobservable Inputsreconciliationrecurringbasisassetliabilitygainloss Included In Other Comprehensive Income And Other
FairValueMeasurementWithUnobservableInputsreconciliationrecurringbasisassetliabilitygainlossIncludedInOtherComprehensiveIncomeAndOther
|
446000000 | |
| CY2012 | lnc |
Fair Value Measurement With Unobservable Inputsreconciliationrecurringbasisassetliabilitygainloss Included In Other Comprehensive Income And Other
FairValueMeasurementWithUnobservableInputsreconciliationrecurringbasisassetliabilitygainlossIncludedInOtherComprehensiveIncomeAndOther
|
262000000 | |
| CY2013 | lnc |
Fair Value Measurement With Unobservable Inputsreconciliationrecurringbasisassetliabilitygainloss Included In Other Comprehensive Income And Other
FairValueMeasurementWithUnobservableInputsreconciliationrecurringbasisassetliabilitygainlossIncludedInOtherComprehensiveIncomeAndOther
|
109000000 | |
| CY2011 | lnc |
Fair Value Net Derivative Asset Liability Measured On Recurring Basis Unobservable Inputs Reconciliation Transfers Net
FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisUnobservableInputsReconciliationTransfersNet
|
112000000 | |
| CY2012 | lnc |
Fair Value Net Derivative Asset Liability Measured On Recurring Basis Unobservable Inputs Reconciliation Transfers Net
FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisUnobservableInputsReconciliationTransfersNet
|
-888000000 | |
| CY2012 | lnc |
Indexed Annuity And Universal Life Net Derivative Results Associated Amortization Income Expenses
IndexedAnnuityAndUniversalLifeNetDerivativeResultsAssociatedAmortizationIncomeExpenses
|
5000000 | |
| CY2011 | lnc |
Realized Gain Loss On Mark To Market On Certain Instruments
RealizedGainLossOnMarkToMarketOnCertainInstruments
|
-82000000 | |
| CY2011 | lnc |
Total Realized Gain Loss Related To Certain Investments
TotalRealizedGainLossRelatedToCertainInvestments
|
-148000000 | |
| CY2012 | lnc |
Total Realized Gain Loss Related To Certain Investments
TotalRealizedGainLossRelatedToCertainInvestments
|
-190000000 | |
| CY2012 | lnc |
Variable Annuity Net Derivatives Results Associated Amortization Income Expense
VariableAnnuityNetDerivativesResultsAssociatedAmortizationIncomeExpense
|
44000000 | |
| CY2013 | lnc |
Variable Annuity Net Derivatives Results Associated Amortization Income Expense
VariableAnnuityNetDerivativesResultsAssociatedAmortizationIncomeExpense
|
-5000000 | |
| CY2013 | lnc |
Variable Annuity Net Derivatives Results Gross Gain Loss
VariableAnnuityNetDerivativesResultsGrossGainLoss
|
-60000000 | |
| CY2011Q4 | us-gaap |
Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
|
-275000000 | |
| CY2012Q4 | us-gaap |
Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
|
-15000000 | |
| CY2013Q4 | us-gaap |
Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
|
||
| CY2012Q4 | us-gaap |
Deferred Compensation Liability Current And Noncurrent
DeferredCompensationLiabilityCurrentAndNoncurrent
|
386000000 | |
| CY2013Q4 | us-gaap |
Deferred Compensation Liability Current And Noncurrent
DeferredCompensationLiabilityCurrentAndNoncurrent
|
468000000 | |
| CY2012Q4 | us-gaap |
Deferred Compensation Plan Assets
DeferredCompensationPlanAssets
|
135000000 | |
| CY2013Q4 | us-gaap |
Deferred Compensation Plan Assets
DeferredCompensationPlanAssets
|
153000000 | |
| CY2011 | us-gaap |
Present Value Of Future Insurance Profits Interest Accrued
PresentValueOfFutureInsuranceProfitsInterestAccrued
|
78000000 | |
| CY2012 | us-gaap |
Present Value Of Future Insurance Profits Interest Accrued
PresentValueOfFutureInsuranceProfitsInterestAccrued
|
73000000 | |
| CY2013 | us-gaap |
Present Value Of Future Insurance Profits Interest Accrued
PresentValueOfFutureInsuranceProfitsInterestAccrued
|
68000000 | |
| CY2011 | us-gaap |
Supplementary Insurance Information Other Operating Expense
SupplementaryInsuranceInformationOtherOperatingExpense
|
2716000000 | |
| CY2012 | us-gaap |
Supplementary Insurance Information Other Operating Expense
SupplementaryInsuranceInformationOtherOperatingExpense
|
2917000000 | |
| CY2013 | us-gaap |
Supplementary Insurance Information Other Operating Expense
SupplementaryInsuranceInformationOtherOperatingExpense
|
3028000000 |
