On January 4, 2010, we closed on the stock sale of Delaware Management Holdings, Inc. (“Delaware”), our subsidiary, which provided investment products and services to individuals and institutions, to Macquarie Bank Limited with net of tax proceeds of approximately $405 million.

We have reclassified the results of operations of Delaware into income (loss) from discontinued operations, net of federal income taxes, for all periods presented on our Consolidated Statements of Income (Loss), and selected amounts (in millions) were as follows:

				For the		For the
				Three		Six
				Months		Months
				Ended		Ended
				June 30,		June 30,
				2010		2010
Discontinued Operations Before Disposal
Revenues - gain (loss) on sale of business				$	4	$	4

Income (loss) from discontinued operations before disposal,
	before federal income taxes			$	4	$	(13)
Federal income tax expense (benefit)					1		(2)
		Income (loss) from discontinued operations before disposal			3		(11)

Disposal
Gain (loss) on disposal, before federal income taxes					-		37
Federal income tax expense (benefit)					-		13
		Gain (loss) on disposal			-		24
			Income (loss) from discontinued operations	$	3	$	13

The income (loss) from discontinued operations for the three and six months ended June 30, 2010, included final cash received toward the purchase price for certain institutional taxable fixed income business sold during the fourth quarter 2007. The income (loss) from discontinued operations for the six months ended June 30, 2010, also reflected stock compensation expense attributable to the acceleration of vesting of equity awards for certain Delaware employees upon the sale of Delaware.

On October 1, 2009, we closed on the stock sale of Lincoln National (UK) plc (“Lincoln UK”), our subsidiary, which focused primarily on providing life and retirement income products in the United Kingdom to SLF of Canada UK Limited, and we retained Lincoln UK's pension plan assets and liabilities.

We have reclassified the results of operations of Lincoln UK into income (loss) from discontinued operations, net of federal income taxes, for all periods presented on our Consolidated Statements of Income (Loss), and selected amounts (in millions) were as follows:

			For the		For the
			Three		Six
			Months		Months
			Ended		Ended
			June 30,		June 30,
			2010		2010
Disposal
Gain (loss) on disposal, before federal income taxes			$	-	$	27
Federal income tax expense (benefit)				-		9
	Gain (loss) on disposal			-		18
		Income (loss) from discontinued operations	$	-	$	18

The income (loss) from discontinued operations for the six months ended June 30, 2010, related to additional consideration received attributable to a post-closing adjustment of the purchase price based upon a final actuarial appraisal of the value of the business as set forth in the share purchase agreement.