Free signup for more
- Track your favorite companies
- Receive email alerts for new filings
- Personalized dashboard of news and more
- Access all data and search results
Content analysis
?Positive | ||
Negative | ||
Uncertain | ||
Constraining | ||
Legalese | ||
Litigous | ||
Readability |
H.S. freshman Avg
|
New words:
Abnormal, Abnormally, ACSM, admitted, affirmed, AFS, APB, ARB, area, arose, ARRA, ascertain, assert, audited, Automotive, baseline, basket, beneficiary, bifurcating, bifurcation, BOA, buyout, capture, carryback, chapter, character, chose, CLN, CMO, collar, commitment, committed, Commonwealth, conservatism, construction, counter, CPP, customary, debenture, depository, depressed, drawn, efficiently, electronically, EngineTM, equivalent, essentially, extraordinary, field, foreseeable, FPP, frequency, FSB, Gaming, goal, harm, highlight, horizon, implicit, Indenture, ineffective, intermittent, jointly, lean, lender, leveraged, light, LP, LPs, matrix, MBS, mechanism, Mellon, midstream, moderate, monetize, monetizing, monthly, Newton, nonactive, noncredit, nonderivative, nonperformance, nonrecurring, notably, older, OTTI, pandemic, panel, pose, predetermined, preserve, prioritized, realistic, receipt, receivership, reclaim, reevaluate, referenced, remove, removed, risen, run, satisfaction, sentence, shrinking, simultaneously, site, slice, staffing, step, stimulate, storage, strain, stream, streamline, substitute, substituting, substitution, sum, suspension, threat, tighter, uncorrelated, unplanned, unused, upside, upward, vehicle, vendor, VI, VIE, Web, weight, weighted, workforce, wrote
Removed:
Absent, accuracy, advisor, afford, announcement, annuitization, arbitration, arrangement, arrive, assignment, assist, August, band, blend, branding, breadth, broken, bundle, California, clarification, Code, collectively, comparability, comparison, contemplation, contemporaneously, contracted, controlling, convert, core, coveringLincoln, cyclical, dealer, decided, deconsolidated, deconsolidation, decreasing, designation, devote, DIG, disposed, disposition, disputing, distinct, diversify, diversifying, divest, divestiture, domiciled, education, elevated, eligibility, embed, evolving, exercised, expansion, expired, extend, extending, extension, extensive, fill, finalized, finance, footnote, formal, format, framework, freeze, frozen, fulfilling, gap, gas, geographically, gradually, grew, grouped, guarantor, honor, Household, improved, IncomeSMAdvantage, initially, investee, irrevocable, IRS, labeled, laddered, lag, launch, lessened, LFD, license, liquidate, locating, location, match, matured, maturing, mixture, modifying, narrow, occasional, oldest, ourLincoln, outlined, owner, paragraph, participating, permanently, predictor, President, principle, profitable, projection, ratably, ratified, reached, regaining, region, reinsure, reinsuring, renew, renewed, renewing, repaid, repeal, role, roughly, safer, scenario, Scottish, shortcut, simulating, SmartFutureSM, stochastic, Subsequently, successfully, suitable, sustain, tabular, technology, theLincoln, timeframe, transferee, transferor, transferring, transitioning, transparency, typical, unearned, upfront, USD, utilization, utilizing, valid, varying, vest, VIP, weaker, wholesaling, write
Filing tables
Filing exhibits
Related press release
LNC similar filings
Filing view
External links
Exhibit 12.1 |
LINCOLN NATIONAL CORPORATION AND SUBSIDIARIES
HISTORICAL RATIO OF EARNINGS TO FIXED CHARGES
(dollars in millions)
For the Three Months Ended | ||||||||
Ended March 31, | ||||||||
2009 | 2008 | |||||||
Income (loss) from continuing operations before taxes | $ | (649 | ) | $ | 418 | |||
Sub-total of fixed charges | 71 | 87 | ||||||
Sub-total of adjusted income (loss) | (578 | ) | 505 | |||||
Interest on annuities and financial products | 638 | 548 | ||||||
Adjusted income base | $ | 60 | $ | 1,053 | ||||
Fixed Charges | ||||||||
Interest and debt expense (1) | $ | 64 | $ | 76 | ||||
Interest expense related to uncertain tax positions | 3 | 5 | ||||||
Portion of rent expense representing interest | 4 | 6 | ||||||
Sub-total of fixed charges excluding interest on annuities and financial products | 71 | 87 | ||||||
Interest on annuities and financial products | 638 | 548 | ||||||
Total fixed charges | $ | 709 | $ | 635 | ||||
Ratio of sub-total of adjusted income to sub-total of fixed charges excluding interest on | ||||||||
annuities and financial products (2) | NM | 5.80 | ||||||
Ratio of adjusted income base tototal fixed charges (2) | NM | 1.66 |
(1) | Interest and debt expense excludes a $64 million gain related to the early retirement of debt in the first quarter 2009. |
(2) | The ratios of earnings to fixed charges, for the three months ended March 31, 2009, indicated less than one-to-one coverage and are therefore not presented. Additional earnings of $649 million would have been required for the three months ended March 31, 2009, to achieve ratios of one-to-one coverage. |