2014 Form 10-K Financial Statement
#000005955815000010 Filed on February 26, 2015
Income Statement
| Concept | 2014 |
|---|---|
| Revenue | $13.57B |
| YoY Change | 12.72% |
| Cost Of Revenue | |
| YoY Change | |
| Gross Profit | |
| YoY Change | |
| Gross Profit Margin | |
| Selling, General & Admin | $2.108B |
| YoY Change | 1.39% |
| % of Gross Profit | |
| Research & Development | |
| YoY Change | |
| % of Gross Profit | |
| Depreciation & Amortization | $4.000M |
| YoY Change | 0.0% |
| % of Gross Profit | |
| Operating Expenses | $11.29B |
| YoY Change | 12.08% |
| Operating Profit | |
| YoY Change | |
| Interest Expense | -$267.0M |
| YoY Change | 0.75% |
| % of Operating Profit | |
| Other Income/Expense, Net | |
| YoY Change | |
| Pretax Income | $1.997B |
| YoY Change | 22.44% |
| Income Tax | $483.0M |
| % Of Pretax Income | 24.19% |
| Net Earnings | $1.515B |
| YoY Change | 21.78% |
| Net Earnings / Revenue | 11.16% |
| Basic Earnings Per Share | |
| Diluted Earnings Per Share | $5.653M |
| COMMON SHARES | |
| Basic Shares Outstanding | 260.9M |
| Diluted Shares Outstanding |
Balance Sheet
| Concept | 2014 |
|---|---|
| SHORT-TERM ASSETS | |
| Cash & Short-Term Investments | |
| YoY Change | |
| Cash & Equivalents | $3.919B |
| 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 | $20.00M |
| YoY Change | -57.45% |
| Goodwill | |
| YoY Change | |
| Intangibles | |
| YoY Change | |
| Long-Term Investments | $101.1B |
| YoY Change | 7.13% |
| Other Assets | |
| YoY Change | |
| Total Long-Term Assets | |
| YoY Change | |
| TOTAL ASSETS | |
| Total Short-Term Assets | |
| Total Long-Term Assets | |
| Total Assets | $253.4B |
| YoY Change | 6.93% |
| 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 | $250.0M |
| YoY Change | -50.1% |
| Total Short-Term Liabilities | $4.659B |
| YoY Change | 24.61% |
| LONG-TERM LIABILITIES | |
| Long-Term Debt | $5.270B |
| YoY Change | -0.94% |
| Other Long-Term Liabilities | $5.960B |
| YoY Change | 31.71% |
| Total Long-Term Liabilities | $11.23B |
| YoY Change | 14.07% |
| TOTAL LIABILITIES | |
| Total Short-Term Liabilities | $4.659B |
| Total Long-Term Liabilities | $11.23B |
| Total Liabilities | $237.6B |
| YoY Change | 6.33% |
| 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 | $15.74B |
| YoY Change | |
| Total Liabilities & Shareholders Equity | $253.4B |
| YoY Change | 6.93% |
Cashflow Statement
| Concept | 2014 |
|---|---|
| OPERATING ACTIVITIES | |
| Net Income | $1.515B |
| YoY Change | 21.78% |
| Depreciation, Depletion And Amortization | $4.000M |
| YoY Change | 0.0% |
| Cash From Operating Activities | $2.526B |
| YoY Change | 216.15% |
| INVESTING ACTIVITIES | |
| Capital Expenditures | |
| YoY Change | |
| Acquisitions | |
| YoY Change | |
| Other Investing Activities | -$1.805B |
| YoY Change | -61.68% |
| Cash From Investing Activities | -$1.805B |
| YoY Change | -61.68% |
| FINANCING ACTIVITIES | |
| Cash Dividend Paid | |
| YoY Change | |
| Common Stock Issuance & Retirement, Net | |
| YoY Change | |
| Debt Paid & Issued, Net | |
| YoY Change | |
| Cash From Financing Activities | 834.0M |
| YoY Change | -59.22% |
| NET CHANGE | |
| Cash From Operating Activities | 2.526B |
| Cash From Investing Activities | -1.805B |
| Cash From Financing Activities | 834.0M |
| Net Change In Cash | 1.555B |
| YoY Change | -183.33% |
| FREE CASH FLOW | |
| Cash From Operating Activities | $2.526B |
| Capital Expenditures | |
| Free Cash Flow | |
| YoY Change |
Facts In Submission
| Frame | Concept Type | Concept / XBRL Key | Value | Unit |
|---|---|---|---|---|
| CY2012 | lnc |
Indexed Annuity And Universal Life Net Derivative Results Associated Amortization Income Expenses
IndexedAnnuityAndUniversalLifeNetDerivativeResultsAssociatedAmortizationIncomeExpenses
|
5000000 | |
| CY2013 | lnc |
Indexed Annuity And Universal Life Net Derivative Results Associated Amortization Income Expenses
IndexedAnnuityAndUniversalLifeNetDerivativeResultsAssociatedAmortizationIncomeExpenses
|
-9000000 | |
| CY2014 | lnc |
Indexed Annuity And Universal Life Net Derivative Results Associated Amortization Income Expenses
IndexedAnnuityAndUniversalLifeNetDerivativeResultsAssociatedAmortizationIncomeExpenses
|
-6000000 | |
| CY2013 | lnc |
Indexed Annuity And Universal Life Net Derivative Results Gross Gain Loss
IndexedAnnuityAndUniversalLifeNetDerivativeResultsGrossGainLoss
|
-39000000 | |
| CY2014 | lnc |
Indexed Annuity And Universal Life Net Derivative Results Gross Gain Loss
IndexedAnnuityAndUniversalLifeNetDerivativeResultsGrossGainLoss
|
-35000000 | |
| CY2014 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
260877533 | |
| 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 | |
| CY2014 | lnc |
Fair Value Measurement With Unobservable Inputsreconciliationrecurringbasisassetliabilitygainloss Included In Other Comprehensive Income And Other
FairValueMeasurementWithUnobservableInputsreconciliationrecurringbasisassetliabilitygainlossIncludedInOtherComprehensiveIncomeAndOther
|
403000000 | |
| CY2014 | lnc |
Realized Gain Loss On Mark To Market On Certain Instruments
RealizedGainLossOnMarkToMarketOnCertainInstruments
|
-54000000 | |
| CY2012 | lnc |
Variable Annuity Net Derivatives Results Associated Amortization Income Expense
VariableAnnuityNetDerivativesResultsAssociatedAmortizationIncomeExpense
|
44000000 | |
| CY2012 | lnc |
Variable Annuity Net Derivatives Results Gross Gain Loss
VariableAnnuityNetDerivativesResultsGrossGainLoss
|
164000000 | |
| CY2013 | lnc |
Variable Annuity Net Derivatives Results Gross Gain Loss
VariableAnnuityNetDerivativesResultsGrossGainLoss
|
-60000000 | |
| CY2012Q4 | us-gaap |
Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
|
-15000000 | |
| CY2013Q4 | us-gaap |
Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
|
||
| CY2014Q4 | us-gaap |
Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
|
||
| CY2013Q4 | us-gaap |
Deferred Compensation Plan Assets
DeferredCompensationPlanAssets
|
153000000 | |
| CY2014Q4 | us-gaap |
Deferred Compensation Plan Assets
DeferredCompensationPlanAssets
|
160000000 | |
| CY2012 | us-gaap |
Fair Value Net Derivative Asset Liability Measured On Recurring Basis Unobservable Inputs Reconciliation Transfers Net
FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisUnobservableInputsReconciliationTransfersNet
|
-888000000 | |
| CY2013 | us-gaap |
Fair Value Net Derivative Asset Liability Measured On Recurring Basis Unobservable Inputs Reconciliation Transfers Net
FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisUnobservableInputsReconciliationTransfersNet
|
-180000000 | |
| CY2014 | us-gaap |
Fair Value Net Derivative Asset Liability Measured On Recurring Basis Unobservable Inputs Reconciliation Transfers Net
FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisUnobservableInputsReconciliationTransfersNet
|
-340000000 | |
| CY2014 | us-gaap |
Gain Loss On Sale Of Other Assets
GainLossOnSaleOfOtherAssets
|
-46000000 | |
| CY2012 | us-gaap |
Present Value Of Future Insurance Profits Interest Accrued1
PresentValueOfFutureInsuranceProfitsInterestAccrued1
|
73000000 | |
| CY2013 | us-gaap |
Present Value Of Future Insurance Profits Interest Accrued1
PresentValueOfFutureInsuranceProfitsInterestAccrued1
|
68000000 | |
| CY2014 | us-gaap |
Present Value Of Future Insurance Profits Interest Accrued1
PresentValueOfFutureInsuranceProfitsInterestAccrued1
|
64000000 |
