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

Amounts (in millions) reflected in income (loss) from discontinued operations on our Consolidated Statements of Comprehensive Income (Loss) were as follows:

			For the Three				For the Nine
			Months Ended				Months Ended
			September 30,				September 30,
			2012		2011		2012		2011
Disposal
Gain (loss) on disposal, before federal income taxes			$	-	$	(3)	$	(1)	$	(3)
Federal income tax expense (benefit)				(29)		5		(28)		5
	Gain (loss) on disposal			29		(8)		27		(8)
		Income (loss) from discontinued operations	$	29	$	(8)	$	27	$	(8)

The income from discontinued operations for the three and nine months ended September 30, 2012, related to the release of reserves associated with prior tax years that were closed out during the quarter associated with our former subsidiaries. In addition, the nine months ended September 30, 2012, included a purchase price adjustment associated with the termination of a portion of the investment advisory agreement with Delaware. The loss from discontinued operations for the three and nine months ended September 30, 2011, related to prior year tax return true-ups.