2016 Q2 Form 10-Q Financial Statement
#000005955816000107 Filed on August 04, 2016
Income Statement
| Concept | 2016 Q2 | 2015 Q2 |
|---|---|---|
| Revenue | $3.346B | $3.396B |
| YoY Change | -1.47% | 3.38% |
| 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 | $2.828B | $2.862B |
| YoY Change | -1.19% | 6.87% |
| Operating Profit | ||
| YoY Change | ||
| Interest Expense | -$76.00M | -$78.00M |
| YoY Change | -2.56% | 16.42% |
| % of Operating Profit | ||
| Other Income/Expense, Net | ||
| YoY Change | ||
| Pretax Income | $414.0M | $449.0M |
| YoY Change | -7.8% | -16.39% |
| Income Tax | $89.00M | $105.0M |
| % Of Pretax Income | 21.5% | 23.39% |
| Net Earnings | $325.0M | $344.0M |
| YoY Change | -5.52% | -13.57% |
| Net Earnings / Revenue | 9.71% | 10.13% |
| Basic Earnings Per Share | $1.37 | |
| Diluted Earnings Per Share | $1.35 | $1.348M |
| COMMON SHARES | ||
| Basic Shares Outstanding | 236.5M | 251.8M |
| Diluted Shares Outstanding | 239.9M |
Balance Sheet
| Concept | 2016 Q2 | 2015 Q2 |
|---|---|---|
| SHORT-TERM ASSETS | ||
| Cash & Short-Term Investments | ||
| YoY Change | ||
| Cash & Equivalents | $4.113B | $2.327B |
| 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 | $21.00M | $24.00M |
| YoY Change | -12.5% | -25.0% |
| Goodwill | ||
| YoY Change | ||
| Intangibles | ||
| YoY Change | ||
| Long-Term Investments | $108.0B | $100.6B |
| YoY Change | 7.26% | 0.86% |
| Other Assets | ||
| YoY Change | ||
| Total Long-Term Assets | ||
| YoY Change | ||
| TOTAL ASSETS | ||
| Total Short-Term Assets | ||
| Total Long-Term Assets | ||
| Total Assets | $263.0B | $255.2B |
| YoY Change | 3.06% | 2.44% |
| 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 | $0.00 |
| YoY Change | -100.0% | |
| Total Short-Term Liabilities | $6.547B | $4.587B |
| YoY Change | 42.73% | 20.05% |
| LONG-TERM LIABILITIES | ||
| Long-Term Debt | $5.460B | $5.529B |
| YoY Change | -1.25% | 6.94% |
| Other Long-Term Liabilities | $9.412B | $6.228B |
| YoY Change | 51.12% | 16.8% |
| Total Long-Term Liabilities | $14.87B | $11.76B |
| YoY Change | 26.49% | 11.95% |
| TOTAL LIABILITIES | ||
| Total Short-Term Liabilities | $6.547B | $4.587B |
| Total Long-Term Liabilities | $14.87B | $11.76B |
| Total Liabilities | $247.1B | $240.5B |
| YoY Change | 2.74% | 2.93% |
| 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 | $15.92B | $14.70B |
| YoY Change | ||
| Total Liabilities & Shareholders Equity | $263.0B | $255.2B |
| YoY Change | 3.06% | 2.44% |
Cashflow Statement
| Concept | 2016 Q2 | 2015 Q2 |
|---|---|---|
| OPERATING ACTIVITIES | ||
| Net Income | $325.0M | $344.0M |
| YoY Change | -5.52% | -13.57% |
| Depreciation, Depletion And Amortization | ||
| YoY Change | ||
| Cash From Operating Activities | $238.0M | $286.0M |
| YoY Change | -16.78% | 164.81% |
| INVESTING ACTIVITIES | ||
| Capital Expenditures | ||
| YoY Change | ||
| Acquisitions | ||
| YoY Change | ||
| Other Investing Activities | $467.0M | -$1.099B |
| YoY Change | -142.49% | 50.96% |
| Cash From Investing Activities | $467.0M | -$1.099B |
| YoY Change | -142.49% | 50.96% |
| FINANCING ACTIVITIES | ||
| Cash Dividend Paid | ||
| YoY Change | ||
| Common Stock Issuance & Retirement, Net | ||
| YoY Change | ||
| Debt Paid & Issued, Net | ||
| YoY Change | ||
| Cash From Financing Activities | 231.0M | -347.0M |
| YoY Change | -166.57% | -223.93% |
| NET CHANGE | ||
| Cash From Operating Activities | 238.0M | 286.0M |
| Cash From Investing Activities | 467.0M | -1.099B |
| Cash From Financing Activities | 231.0M | -347.0M |
| Net Change In Cash | 936.0M | -1.160B |
| YoY Change | -180.69% | 241.18% |
| FREE CASH FLOW | ||
| Cash From Operating Activities | $238.0M | $286.0M |
| Capital Expenditures | ||
| Free Cash Flow | ||
| YoY Change |
Facts In Submission
| Frame | Concept Type | Concept / XBRL Key | Value | Unit |
|---|---|---|---|---|
| CY2016Q2 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
236463183 | |
| CY2016Q2 | lnc |
Collateral Payable Held For Derivative Investments Carrying Value
CollateralPayableHeldForDerivativeInvestmentsCarryingValue
|
3004000000 | |
| CY2015Q4 | lnc |
Collateral Payable Held For Derivative Investments Fair Value
CollateralPayableHeldForDerivativeInvestmentsFairValue
|
1387000000 | |
| CY2016Q2 | lnc |
Collateral Payable Held For Derivative Investments Fair Value
CollateralPayableHeldForDerivativeInvestmentsFairValue
|
3004000000 | |
| CY2015Q4 | lnc |
Securities Pledged For Federal Home Loan Bank Of Indianapolis Carrying Value
SecuritiesPledgedForFederalHomeLoanBankOfIndianapolisCarryingValue
|
2355000000 | |
| CY2016Q2 | lnc |
Securities Pledged For Federal Home Loan Bank Of Indianapolis Carrying Value
SecuritiesPledgedForFederalHomeLoanBankOfIndianapolisCarryingValue
|
2355000000 | |
| CY2015Q4 | lnc |
Securities Pledged For Federal Home Loan Bank Of Indianapolis Fair Value
SecuritiesPledgedForFederalHomeLoanBankOfIndianapolisFairValue
|
3391000000 | |
| CY2016Q2 | lnc |
Securities Pledged For Federal Home Loan Bank Of Indianapolis Fair Value
SecuritiesPledgedForFederalHomeLoanBankOfIndianapolisFairValue
|
3767000000 | |
| CY2015Q4 | lnc |
Securities Pledged Under Reverse Repurchase Agreements Carrying Value
SecuritiesPledgedUnderReverseRepurchaseAgreementsCarryingValue
|
673000000 | |
| CY2016Q2 | lnc |
Securities Pledged Under Reverse Repurchase Agreements Carrying Value
SecuritiesPledgedUnderReverseRepurchaseAgreementsCarryingValue
|
689000000 | |
| CY2015Q4 | lnc |
Securities Pledged Under Reverse Repurchase Agreements Fair Value
SecuritiesPledgedUnderReverseRepurchaseAgreementsFairValue
|
739000000 | |
| CY2016Q2 | lnc |
Securities Pledged Under Reverse Repurchase Agreements Fair Value
SecuritiesPledgedUnderReverseRepurchaseAgreementsFairValue
|
748000000 | |
| CY2015Q4 | lnc |
Securities Pledged Under Securities Lending Agreements Carrying Value
SecuritiesPledgedUnderSecuritiesLendingAgreementsCarryingValue
|
242000000 | |
| CY2016Q2 | lnc |
Securities Pledged Under Securities Lending Agreements Carrying Value
SecuritiesPledgedUnderSecuritiesLendingAgreementsCarryingValue
|
249000000 | |
| CY2015Q4 | lnc |
Securities Pledged Under Securities Lending Agreements Fair Value
SecuritiesPledgedUnderSecuritiesLendingAgreementsFairValue
|
231000000 | |
| CY2016Q2 | lnc |
Securities Pledged Under Securities Lending Agreements Fair Value
SecuritiesPledgedUnderSecuritiesLendingAgreementsFairValue
|
240000000 | |
| CY2015Q4 | lnc |
Unrealized Other Than Temporary Impairment Losses Investments Available For Sale Securities
UnrealizedOtherThanTemporaryImpairmentLossesInvestmentsAvailableForSaleSecurities
|
-30000000 | |
| CY2016Q2 | lnc |
Unrealized Other Than Temporary Impairment Losses Investments Available For Sale Securities
UnrealizedOtherThanTemporaryImpairmentLossesInvestmentsAvailableForSaleSecurities
|
1000000 | |
| us-gaap |
Fair Value Liabilities Measured On Recurring Basis Change In Unrealized Gain Loss
FairValueLiabilitiesMeasuredOnRecurringBasisChangeInUnrealizedGainLoss
|
447000000 | ||
| CY2015Q2 | us-gaap |
Fair Value Liabilities Measured On Recurring Basis Change In Unrealized Gain Loss
FairValueLiabilitiesMeasuredOnRecurringBasisChangeInUnrealizedGainLoss
|
721000000 | |
| us-gaap |
Fair Value Liabilities Measured On Recurring Basis Change In Unrealized Gain Loss
FairValueLiabilitiesMeasuredOnRecurringBasisChangeInUnrealizedGainLoss
|
-1436000000 | ||
| CY2016Q2 | us-gaap |
Fair Value Liabilities Measured On Recurring Basis Change In Unrealized Gain Loss
FairValueLiabilitiesMeasuredOnRecurringBasisChangeInUnrealizedGainLoss
|
-198000000 | |
| CY2015Q4 | lnc |
Collateral Payable Held For Derivative Investments Carrying Value
CollateralPayableHeldForDerivativeInvestmentsCarryingValue
|
1387000000 | |
| lnc |
Indexed Annuity And Universal Life Net Derivative Results Associated Amortization Income Expenses
IndexedAnnuityAndUniversalLifeNetDerivativeResultsAssociatedAmortizationIncomeExpenses
|
-6000000 | ||
| CY2015Q2 | lnc |
Indexed Annuity And Universal Life Net Derivative Results Associated Amortization Income Expenses
IndexedAnnuityAndUniversalLifeNetDerivativeResultsAssociatedAmortizationIncomeExpenses
|
-1000000 | |
| lnc |
Indexed Annuity And Universal Life Net Derivative Results Associated Amortization Income Expenses
IndexedAnnuityAndUniversalLifeNetDerivativeResultsAssociatedAmortizationIncomeExpenses
|
-6000000 | ||
| CY2016Q2 | lnc |
Indexed Annuity And Universal Life Net Derivative Results Associated Amortization Income Expenses
IndexedAnnuityAndUniversalLifeNetDerivativeResultsAssociatedAmortizationIncomeExpenses
|
-4000000 | |
| lnc |
Indexed Annuity And Universal Life Net Derivative Results Gross Gain Loss
IndexedAnnuityAndUniversalLifeNetDerivativeResultsGrossGainLoss
|
-31000000 | ||
| CY2015Q2 | lnc |
Indexed Annuity And Universal Life Net Derivative Results Gross Gain Loss
IndexedAnnuityAndUniversalLifeNetDerivativeResultsGrossGainLoss
|
-5000000 | |
| lnc |
Indexed Annuity And Universal Life Net Derivative Results Gross Gain Loss
IndexedAnnuityAndUniversalLifeNetDerivativeResultsGrossGainLoss
|
-33000000 | ||
| CY2016Q2 | lnc |
Indexed Annuity And Universal Life Net Derivative Results Gross Gain Loss
IndexedAnnuityAndUniversalLifeNetDerivativeResultsGrossGainLoss
|
-9000000 | |
| lnc |
Realized Gain Loss On Mark To Market On Certain Instruments
RealizedGainLossOnMarkToMarketOnCertainInstruments
|
-10000000 | ||
| CY2015Q2 | lnc |
Realized Gain Loss On Mark To Market On Certain Instruments
RealizedGainLossOnMarkToMarketOnCertainInstruments
|
-21000000 | |
| CY2016Q2 | lnc |
Realized Gain Loss On Mark To Market On Certain Instruments
RealizedGainLossOnMarkToMarketOnCertainInstruments
|
-8000000 | |
| lnc |
Total Realized Gain Loss Related To Certain Investments
TotalRealizedGainLossRelatedToCertainInvestments
|
-28000000 | ||
| CY2015Q2 | lnc |
Total Realized Gain Loss Related To Certain Investments
TotalRealizedGainLossRelatedToCertainInvestments
|
-1000000 | |
| lnc |
Total Realized Gain Loss Related To Certain Investments
TotalRealizedGainLossRelatedToCertainInvestments
|
-172000000 | ||
| CY2016Q2 | lnc |
Total Realized Gain Loss Related To Certain Investments
TotalRealizedGainLossRelatedToCertainInvestments
|
-65000000 | |
| lnc |
Variable Annuity Net Derivatives Results Associated Amortization Income Expense
VariableAnnuityNetDerivativesResultsAssociatedAmortizationIncomeExpense
|
3000000 | ||
| CY2015Q2 | lnc |
Variable Annuity Net Derivatives Results Associated Amortization Income Expense
VariableAnnuityNetDerivativesResultsAssociatedAmortizationIncomeExpense
|
7000000 | |
| lnc |
Variable Annuity Net Derivatives Results Associated Amortization Income Expense
VariableAnnuityNetDerivativesResultsAssociatedAmortizationIncomeExpense
|
8000000 | ||
| CY2016Q2 | lnc |
Variable Annuity Net Derivatives Results Associated Amortization Income Expense
VariableAnnuityNetDerivativesResultsAssociatedAmortizationIncomeExpense
|
4000000 | |
| lnc |
Variable Annuity Net Derivatives Results Gross Gain Loss
VariableAnnuityNetDerivativesResultsGrossGainLoss
|
30000000 | ||
| CY2015Q2 | lnc |
Variable Annuity Net Derivatives Results Gross Gain Loss
VariableAnnuityNetDerivativesResultsGrossGainLoss
|
44000000 | |
| lnc |
Variable Annuity Net Derivatives Results Gross Gain Loss
VariableAnnuityNetDerivativesResultsGrossGainLoss
|
48000000 | ||
| CY2016Q2 | lnc |
Variable Annuity Net Derivatives Results Gross Gain Loss
VariableAnnuityNetDerivativesResultsGrossGainLoss
|
37000000 | |
| us-gaap |
Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Gain Loss Included In Other Comprehensive Income Loss
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInOtherComprehensiveIncomeLoss
|
-156000000 | ||
| CY2015Q2 | us-gaap |
Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Gain Loss Included In Other Comprehensive Income Loss
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInOtherComprehensiveIncomeLoss
|
-185000000 | |
| us-gaap |
Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Gain Loss Included In Other Comprehensive Income Loss
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInOtherComprehensiveIncomeLoss
|
234000000 | ||
| CY2016Q2 | us-gaap |
Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Gain Loss Included In Other Comprehensive Income Loss
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInOtherComprehensiveIncomeLoss
|
124000000 | |
| us-gaap |
Fair Value Net Derivative Asset Liability Measured On Recurring Basis Unobservable Inputs Reconciliation Transfers Net
FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisUnobservableInputsReconciliationTransfersNet
|
112000000 | ||
| CY2015Q2 | us-gaap |
Fair Value Net Derivative Asset Liability Measured On Recurring Basis Unobservable Inputs Reconciliation Transfers Net
FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisUnobservableInputsReconciliationTransfersNet
|
13000000 | |
| us-gaap |
Fair Value Net Derivative Asset Liability Measured On Recurring Basis Unobservable Inputs Reconciliation Transfers Net
FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisUnobservableInputsReconciliationTransfersNet
|
-370000000 | ||
| CY2016Q2 | us-gaap |
Fair Value Net Derivative Asset Liability Measured On Recurring Basis Unobservable Inputs Reconciliation Transfers Net
FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisUnobservableInputsReconciliationTransfersNet
|
-509000000 | |
| us-gaap |
Gain Loss On Sale Of Other Assets
GainLossOnSaleOfOtherAssets
|
-2000000 | ||
| CY2015Q2 | us-gaap |
Gain Loss On Sale Of Other Assets
GainLossOnSaleOfOtherAssets
|
-1000000 |
