2016 Q1 Form 10-Q Financial Statement
#000005955816000088 Filed on May 05, 2016
Income Statement
| Concept | 2016 Q1 | 2015 Q1 |
|---|---|---|
| Revenue | $3.286B | $3.331B |
| YoY Change | -1.35% | 4.78% |
| Cost Of Revenue | ||
| YoY Change | ||
| Gross Profit | ||
| YoY Change | ||
| Gross Profit Margin | ||
| Selling, General & Admin | ||
| YoY Change | ||
| % of Gross Profit | ||
| Research & Development | ||
| YoY Change | ||
| % of Gross Profit | ||
| Depreciation & Amortization | ||
| YoY Change | ||
| % of Gross Profit | ||
| Operating Expenses | $2.939B | $2.879B |
| YoY Change | 2.08% | 7.35% |
| Operating Profit | ||
| YoY Change | ||
| Interest Expense | -$76.00M | -$77.00M |
| YoY Change | -1.3% | 14.93% |
| % of Operating Profit | ||
| Other Income/Expense, Net | ||
| YoY Change | ||
| Pretax Income | $235.0M | $362.0M |
| YoY Change | -35.08% | -15.22% |
| Income Tax | $27.00M | $62.00M |
| % Of Pretax Income | 11.49% | 17.13% |
| Net Earnings | $211.0M | $300.0M |
| YoY Change | -29.67% | -8.81% |
| Net Earnings / Revenue | 6.42% | 9.01% |
| Basic Earnings Per Share | $0.87 | |
| Diluted Earnings Per Share | $0.83 | $1.151M |
| COMMON SHARES | ||
| Basic Shares Outstanding | 241.7M | 255.5M |
| Diluted Shares Outstanding | 245.1M |
Balance Sheet
| Concept | 2016 Q1 | 2015 Q1 |
|---|---|---|
| SHORT-TERM ASSETS | ||
| Cash & Short-Term Investments | ||
| YoY Change | ||
| Cash & Equivalents | $3.177B | $3.487B |
| 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 | $17.00M | $19.00M |
| YoY Change | -10.53% | -54.76% |
| Goodwill | ||
| YoY Change | ||
| Intangibles | ||
| YoY Change | ||
| Long-Term Investments | $104.3B | $103.9B |
| YoY Change | 0.35% | 6.98% |
| Other Assets | ||
| YoY Change | ||
| Total Long-Term Assets | ||
| YoY Change | ||
| TOTAL ASSETS | ||
| Total Short-Term Assets | ||
| Total Long-Term Assets | ||
| Total Assets | $255.7B | $258.5B |
| YoY Change | -1.07% | 6.83% |
| SHORT-TERM LIABILITIES | ||
| YoY Change | ||
| Accounts Payable | ||
| YoY Change | ||
| Accrued Expenses | ||
| YoY Change | ||
| Deferred Revenue | ||
| YoY Change | ||
| Short-Term Debt | $0.00 | $0.00 |
| YoY Change | ||
| Long-Term Debt Due | $250.0M | |
| YoY Change | ||
| Total Short-Term Liabilities | $5.017B | $5.296B |
| YoY Change | -5.27% | 50.5% |
| LONG-TERM LIABILITIES | ||
| Long-Term Debt | $5.650B | $5.627B |
| YoY Change | 0.41% | 4.59% |
| Other Long-Term Liabilities | $8.354B | $7.678B |
| YoY Change | 8.8% | 50.14% |
| Total Long-Term Liabilities | $14.00B | $13.31B |
| YoY Change | 5.25% | 26.79% |
| TOTAL LIABILITIES | ||
| Total Short-Term Liabilities | $5.017B | $5.296B |
| Total Long-Term Liabilities | $14.00B | $13.31B |
| Total Liabilities | $241.1B | $242.3B |
| YoY Change | -0.5% | 6.51% |
| 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 | $14.66B | $16.22B |
| YoY Change | ||
| Total Liabilities & Shareholders Equity | $255.7B | $258.5B |
| YoY Change | -1.07% | 6.83% |
Cashflow Statement
| Concept | 2016 Q1 | 2015 Q1 |
|---|---|---|
| OPERATING ACTIVITIES | ||
| Net Income | $211.0M | $300.0M |
| YoY Change | -29.67% | -8.81% |
| Depreciation, Depletion And Amortization | ||
| YoY Change | ||
| Cash From Operating Activities | $295.0M | $296.0M |
| YoY Change | -0.34% | 12.55% |
| INVESTING ACTIVITIES | ||
| Capital Expenditures | ||
| YoY Change | ||
| Acquisitions | ||
| YoY Change | ||
| Other Investing Activities | -$707.0M | -$1.035B |
| YoY Change | -31.69% | 174.54% |
| Cash From Investing Activities | -$707.0M | -$1.035B |
| YoY Change | -31.69% | 174.54% |
| FINANCING ACTIVITIES | ||
| Cash Dividend Paid | ||
| YoY Change | ||
| Common Stock Issuance & Retirement, Net | ||
| YoY Change | ||
| Debt Paid & Issued, Net | ||
| YoY Change | ||
| Cash From Financing Activities | 443.0M | 307.0M |
| YoY Change | 44.3% | -176.56% |
| NET CHANGE | ||
| Cash From Operating Activities | 295.0M | 296.0M |
| Cash From Investing Activities | -707.0M | -1.035B |
| Cash From Financing Activities | 443.0M | 307.0M |
| Net Change In Cash | 31.00M | -432.0M |
| YoY Change | -107.18% | -16.12% |
| FREE CASH FLOW | ||
| Cash From Operating Activities | $295.0M | $296.0M |
| Capital Expenditures | ||
| Free Cash Flow | ||
| YoY Change |
Facts In Submission
| Frame | Concept Type | Concept / XBRL Key | Value | Unit |
|---|---|---|---|---|
| CY2016Q1 | lnc |
Realized Gain Loss On Mark To Market On Certain Instruments
RealizedGainLossOnMarkToMarketOnCertainInstruments
|
8000000 | |
| CY2015Q1 | lnc |
Variable Annuity Net Derivatives Results Associated Amortization Income Expense
VariableAnnuityNetDerivativesResultsAssociatedAmortizationIncomeExpense
|
-4000000 | |
| CY2016Q1 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
241676363 | |
| CY2015Q4 | lnc |
Collateral Payable Held For Derivative Investments Carrying Value
CollateralPayableHeldForDerivativeInvestmentsCarryingValue
|
1387000000 | |
| CY2016Q1 | lnc |
Collateral Payable Held For Derivative Investments Carrying Value
CollateralPayableHeldForDerivativeInvestmentsCarryingValue
|
2159000000 | |
| CY2015Q4 | lnc |
Collateral Payable Held For Derivative Investments Fair Value
CollateralPayableHeldForDerivativeInvestmentsFairValue
|
1387000000 | |
| CY2016Q1 | lnc |
Collateral Payable Held For Derivative Investments Fair Value
CollateralPayableHeldForDerivativeInvestmentsFairValue
|
2159000000 | |
| CY2015Q1 | lnc |
Indexed Annuity And Universal Life Net Derivative Results Gross Gain Loss
IndexedAnnuityAndUniversalLifeNetDerivativeResultsGrossGainLoss
|
-26000000 | |
| CY2015Q4 | lnc |
Securities Pledged For Federal Home Loan Bank Of Indianapolis Carrying Value
SecuritiesPledgedForFederalHomeLoanBankOfIndianapolisCarryingValue
|
2355000000 | |
| CY2016Q1 | lnc |
Securities Pledged For Federal Home Loan Bank Of Indianapolis Carrying Value
SecuritiesPledgedForFederalHomeLoanBankOfIndianapolisCarryingValue
|
2105000000 | |
| CY2015Q4 | lnc |
Securities Pledged For Federal Home Loan Bank Of Indianapolis Fair Value
SecuritiesPledgedForFederalHomeLoanBankOfIndianapolisFairValue
|
3391000000 | |
| CY2016Q1 | lnc |
Securities Pledged For Federal Home Loan Bank Of Indianapolis Fair Value
SecuritiesPledgedForFederalHomeLoanBankOfIndianapolisFairValue
|
2978000000 | |
| CY2015Q4 | lnc |
Securities Pledged Under Reverse Repurchase Agreements Carrying Value
SecuritiesPledgedUnderReverseRepurchaseAgreementsCarryingValue
|
673000000 | |
| CY2016Q1 | lnc |
Securities Pledged Under Reverse Repurchase Agreements Carrying Value
SecuritiesPledgedUnderReverseRepurchaseAgreementsCarryingValue
|
507000000 | |
| CY2015Q4 | lnc |
Securities Pledged Under Reverse Repurchase Agreements Fair Value
SecuritiesPledgedUnderReverseRepurchaseAgreementsFairValue
|
739000000 | |
| CY2016Q1 | lnc |
Securities Pledged Under Reverse Repurchase Agreements Fair Value
SecuritiesPledgedUnderReverseRepurchaseAgreementsFairValue
|
562000000 | |
| CY2015Q4 | lnc |
Securities Pledged Under Securities Lending Agreements Carrying Value
SecuritiesPledgedUnderSecuritiesLendingAgreementsCarryingValue
|
242000000 | |
| CY2016Q1 | lnc |
Securities Pledged Under Securities Lending Agreements Carrying Value
SecuritiesPledgedUnderSecuritiesLendingAgreementsCarryingValue
|
246000000 | |
| CY2015Q4 | lnc |
Securities Pledged Under Securities Lending Agreements Fair Value
SecuritiesPledgedUnderSecuritiesLendingAgreementsFairValue
|
231000000 | |
| CY2016Q1 | lnc |
Securities Pledged Under Securities Lending Agreements Fair Value
SecuritiesPledgedUnderSecuritiesLendingAgreementsFairValue
|
237000000 | |
| CY2015Q4 | lnc |
Unrealized Other Than Temporary Impairment Losses Investments Available For Sale Securities
UnrealizedOtherThanTemporaryImpairmentLossesInvestmentsAvailableForSaleSecurities
|
-30000000 | |
| CY2016Q1 | lnc |
Unrealized Other Than Temporary Impairment Losses Investments Available For Sale Securities
UnrealizedOtherThanTemporaryImpairmentLossesInvestmentsAvailableForSaleSecurities
|
10000000 | |
| CY2015Q1 | us-gaap |
Fair Value Liabilities Measured On Recurring Basis Change In Unrealized Gain Loss
FairValueLiabilitiesMeasuredOnRecurringBasisChangeInUnrealizedGainLoss
|
-274000000 | |
| CY2016Q1 | us-gaap |
Fair Value Liabilities Measured On Recurring Basis Change In Unrealized Gain Loss
FairValueLiabilitiesMeasuredOnRecurringBasisChangeInUnrealizedGainLoss
|
-1237000000 | |
| CY2015Q1 | us-gaap |
Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Gain Loss Included In Other Comprehensive Income Loss
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInOtherComprehensiveIncomeLoss
|
30000000 | |
| CY2015Q1 | us-gaap |
Fair Value Net Derivative Asset Liability Measured On Recurring Basis Unobservable Inputs Reconciliation Transfers Net
FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisUnobservableInputsReconciliationTransfersNet
|
99000000 | |
| CY2016Q1 | us-gaap |
Fair Value Net Derivative Asset Liability Measured On Recurring Basis Unobservable Inputs Reconciliation Transfers Net
FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisUnobservableInputsReconciliationTransfersNet
|
139000000 | |
| CY2015Q1 | us-gaap |
Gain Loss On Sale Of Other Assets
GainLossOnSaleOfOtherAssets
|
-1000000 |
