2017 Q1 Form 10-Q Financial Statement
#000005955817000020 Filed on May 04, 2017
Income Statement
| Concept | 2017 Q1 | 2016 Q1 |
|---|---|---|
| Revenue | $3.500B | $3.286B |
| YoY Change | 6.51% | -1.35% |
| 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 | $1.000M | |
| YoY Change | ||
| % of Gross Profit | ||
| Operating Expenses | $2.962B | $2.939B |
| YoY Change | 0.78% | 2.08% |
| Operating Profit | ||
| YoY Change | ||
| Interest Expense | -$72.00M | -$76.00M |
| YoY Change | -5.26% | -1.3% |
| % of Operating Profit | ||
| Other Income/Expense, Net | -$9.000M | |
| YoY Change | ||
| Pretax Income | $475.0M | $235.0M |
| YoY Change | 102.13% | -35.08% |
| Income Tax | $40.00M | $27.00M |
| % Of Pretax Income | 8.42% | 11.49% |
| Net Earnings | $435.0M | $211.0M |
| YoY Change | 106.16% | -29.67% |
| Net Earnings / Revenue | 12.43% | 6.42% |
| Basic Earnings Per Share | $1.93 | $0.87 |
| Diluted Earnings Per Share | $1.89 | $0.83 |
| COMMON SHARES | ||
| Basic Shares Outstanding | 225.6M | 241.7M |
| Diluted Shares Outstanding | 230.1M | 245.1M |
Balance Sheet
| Concept | 2017 Q1 | 2016 Q1 |
|---|---|---|
| SHORT-TERM ASSETS | ||
| Cash & Short-Term Investments | ||
| YoY Change | ||
| Cash & Equivalents | $1.923B | $3.177B |
| 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 | $24.00M | $17.00M |
| YoY Change | 41.18% | -10.53% |
| Goodwill | ||
| YoY Change | ||
| Intangibles | ||
| YoY Change | ||
| Long-Term Investments | $107.6B | $104.3B |
| YoY Change | 3.21% | 0.35% |
| Other Assets | ||
| YoY Change | ||
| Total Long-Term Assets | ||
| YoY Change | ||
| TOTAL ASSETS | ||
| Total Short-Term Assets | ||
| Total Long-Term Assets | ||
| Total Assets | $267.5B | $255.7B |
| YoY Change | 4.59% | -1.07% |
| 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 | $200.0M | |
| YoY Change | ||
| Total Short-Term Liabilities | $5.286B | $5.017B |
| YoY Change | 5.36% | -5.27% |
| LONG-TERM LIABILITIES | ||
| Long-Term Debt | $5.133B | $5.650B |
| YoY Change | -9.15% | 0.41% |
| Other Long-Term Liabilities | $7.065B | $8.354B |
| YoY Change | -15.43% | 8.8% |
| Total Long-Term Liabilities | $12.20B | $14.00B |
| YoY Change | -12.9% | 5.25% |
| TOTAL LIABILITIES | ||
| Total Short-Term Liabilities | $5.286B | $5.017B |
| Total Long-Term Liabilities | $12.20B | $14.00B |
| Total Liabilities | $252.5B | $241.1B |
| YoY Change | 4.74% | -0.5% |
| 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 | $14.97B | $14.66B |
| YoY Change | ||
| Total Liabilities & Shareholders Equity | $267.5B | $255.7B |
| YoY Change | 4.59% | -1.07% |
Cashflow Statement
| Concept | 2017 Q1 | 2016 Q1 |
|---|---|---|
| OPERATING ACTIVITIES | ||
| Net Income | $435.0M | $211.0M |
| YoY Change | 106.16% | -29.67% |
| Depreciation, Depletion And Amortization | $1.000M | |
| YoY Change | ||
| Cash From Operating Activities | $109.0M | $295.0M |
| YoY Change | -63.05% | -0.34% |
| INVESTING ACTIVITIES | ||
| Capital Expenditures | ||
| YoY Change | ||
| Acquisitions | ||
| YoY Change | ||
| Other Investing Activities | -$1.499B | -$707.0M |
| YoY Change | 112.02% | -31.69% |
| Cash From Investing Activities | -$1.499B | -$707.0M |
| YoY Change | 112.02% | -31.69% |
| FINANCING ACTIVITIES | ||
| Cash Dividend Paid | ||
| YoY Change | ||
| Common Stock Issuance & Retirement, Net | ||
| YoY Change | ||
| Debt Paid & Issued, Net | ||
| YoY Change | ||
| Cash From Financing Activities | 591.0M | 443.0M |
| YoY Change | 33.41% | 44.3% |
| NET CHANGE | ||
| Cash From Operating Activities | 109.0M | 295.0M |
| Cash From Investing Activities | -1.499B | -707.0M |
| Cash From Financing Activities | 591.0M | 443.0M |
| Net Change In Cash | -799.0M | 31.00M |
| YoY Change | -2677.42% | -107.18% |
| FREE CASH FLOW | ||
| Cash From Operating Activities | $109.0M | $295.0M |
| Capital Expenditures | ||
| Free Cash Flow | ||
| YoY Change |
Facts In Submission
| Frame | Concept Type | Concept / XBRL Key | Value | Unit |
|---|---|---|---|---|
| CY2017Q1 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
225619803 | |
| CY2016Q1 | lnc |
Assumed Acquisition Of Shares With Assumed Proceeds And Benefits From Exercising Stock Options At Average Market Price
AssumedAcquisitionOfSharesWithAssumedProceedsAndBenefitsFromExercisingStockOptionsAtAverageMarketPrice
|
-1299510 | |
| CY2017Q1 | lnc |
Assumed Acquisition Of Shares With Assumed Proceeds And Benefits From Exercising Stock Options At Average Market Price
AssumedAcquisitionOfSharesWithAssumedProceedsAndBenefitsFromExercisingStockOptionsAtAverageMarketPrice
|
-1619156 | |
| CY2016Q4 | lnc |
Collateral Payable Held For Derivative Investments Carrying Value
CollateralPayableHeldForDerivativeInvestmentsCarryingValue
|
894000000 | |
| CY2017Q1 | lnc |
Collateral Payable Held For Derivative Investments Carrying Value
CollateralPayableHeldForDerivativeInvestmentsCarryingValue
|
923000000 | |
| CY2016Q4 | lnc |
Collateral Payable Held For Derivative Investments Fair Value
CollateralPayableHeldForDerivativeInvestmentsFairValue
|
894000000 | |
| CY2017Q1 | lnc |
Collateral Payable Held For Derivative Investments Fair Value
CollateralPayableHeldForDerivativeInvestmentsFairValue
|
923000000 | |
| CY2016Q1 | lnc |
Common Stock Diluted Basis
CommonStockDilutedBasis
|
242176232 | |
| CY2017Q1 | lnc |
Common Stock Diluted Basis
CommonStockDilutedBasis
|
228934631 | |
| CY2016Q4 | lnc |
Securities Pledged For Federal Home Loan Bank Of Indianapolis Carrying Value
SecuritiesPledgedForFederalHomeLoanBankOfIndianapolisCarryingValue
|
3350000000 | |
| CY2017Q1 | lnc |
Securities Pledged For Federal Home Loan Bank Of Indianapolis Carrying Value
SecuritiesPledgedForFederalHomeLoanBankOfIndianapolisCarryingValue
|
3500000000 | |
| CY2016Q4 | lnc |
Securities Pledged For Federal Home Loan Bank Of Indianapolis Fair Value
SecuritiesPledgedForFederalHomeLoanBankOfIndianapolisFairValue
|
4947000000 | |
| CY2017Q1 | lnc |
Securities Pledged For Federal Home Loan Bank Of Indianapolis Fair Value
SecuritiesPledgedForFederalHomeLoanBankOfIndianapolisFairValue
|
5205000000 | |
| CY2016Q4 | lnc |
Securities Pledged Under Reverse Repurchase Agreements Carrying Value
SecuritiesPledgedUnderReverseRepurchaseAgreementsCarryingValue
|
535000000 | |
| CY2017Q1 | lnc |
Securities Pledged Under Reverse Repurchase Agreements Carrying Value
SecuritiesPledgedUnderReverseRepurchaseAgreementsCarryingValue
|
536000000 | |
| CY2016Q4 | lnc |
Securities Pledged Under Reverse Repurchase Agreements Fair Value
SecuritiesPledgedUnderReverseRepurchaseAgreementsFairValue
|
589000000 | |
| CY2017Q1 | lnc |
Securities Pledged Under Reverse Repurchase Agreements Fair Value
SecuritiesPledgedUnderReverseRepurchaseAgreementsFairValue
|
588000000 | |
| CY2016Q4 | lnc |
Securities Pledged Under Securities Lending Agreements Carrying Value
SecuritiesPledgedUnderSecuritiesLendingAgreementsCarryingValue
|
216000000 | |
| CY2017Q1 | lnc |
Securities Pledged Under Securities Lending Agreements Carrying Value
SecuritiesPledgedUnderSecuritiesLendingAgreementsCarryingValue
|
127000000 | |
| CY2016Q4 | lnc |
Securities Pledged Under Securities Lending Agreements Fair Value
SecuritiesPledgedUnderSecuritiesLendingAgreementsFairValue
|
209000000 | |
| CY2017Q1 | lnc |
Securities Pledged Under Securities Lending Agreements Fair Value
SecuritiesPledgedUnderSecuritiesLendingAgreementsFairValue
|
123000000 | |
| CY2016Q4 | lnc |
Unrealized Other Than Temporary Impairment Losses Investments Available For Sale Securities
UnrealizedOtherThanTemporaryImpairmentLossesInvestmentsAvailableForSaleSecurities
|
-29000000 | |
| CY2017Q1 | lnc |
Unrealized Other Than Temporary Impairment Losses Investments Available For Sale Securities
UnrealizedOtherThanTemporaryImpairmentLossesInvestmentsAvailableForSaleSecurities
|
-36000000 | |
| CY2016Q1 | us-gaap |
Fair Value Liabilities Measured On Recurring Basis Change In Unrealized Gain Loss
FairValueLiabilitiesMeasuredOnRecurringBasisChangeInUnrealizedGainLoss
|
-1237000000 | |
| CY2017Q1 | us-gaap |
Fair Value Liabilities Measured On Recurring Basis Change In Unrealized Gain Loss
FairValueLiabilitiesMeasuredOnRecurringBasisChangeInUnrealizedGainLoss
|
659000000 | |
| CY2016Q1 | us-gaap |
Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Gain Loss Included In Other Comprehensive Income Loss
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInOtherComprehensiveIncomeLoss
|
110000000 | |
| CY2017Q1 | us-gaap |
Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Gain Loss Included In Other Comprehensive Income Loss
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInOtherComprehensiveIncomeLoss
|
97000000 | |
| CY2016Q1 | us-gaap |
Fair Value Net Derivative Asset Liability Measured On Recurring Basis Unobservable Inputs Reconciliation Transfers Net
FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisUnobservableInputsReconciliationTransfersNet
|
139000000 | |
| CY2017Q1 | us-gaap |
Fair Value Net Derivative Asset Liability Measured On Recurring Basis Unobservable Inputs Reconciliation Transfers Net
FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisUnobservableInputsReconciliationTransfersNet
|
147000000 | |
| CY2016Q1 | us-gaap |
Incremental Common Shares Attributable To Nonvested Shares With Forfeitable Dividends
IncrementalCommonSharesAttributableToNonvestedSharesWithForfeitableDividends
|
1063150 | |
| CY2017Q1 | us-gaap |
Incremental Common Shares Attributable To Nonvested Shares With Forfeitable Dividends
IncrementalCommonSharesAttributableToNonvestedSharesWithForfeitableDividends
|
1675799 | |
| CY2016Q1 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
245095900 | |
| CY2017Q1 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
230103505 |
