10-Q Filing

LINCOLN NATIONAL CORP CIK: 59558 Q2 2023

Filing Information

Form Type	10-Q
Accession Number	`0000059558-23-000047`
Period End Date	20230630
Filing Date	20230803
Fiscal Year	2023
Fiscal Period	Q2
XBRL Instance	lnc-20230630x10q_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 91 Income Statement 130 Cash Flow Statement 85 Stockholders Equity 14

Balance Sheet 91 line items

Line Item	Tag	Value	Unit	Period
Fixed maturity available-for-sale securities, at fair value (amortized cost: 2023 - $111,354; 2022 - $111,707; allowance for credit losses: 2023 - $25; 2022 - $22)	`AvailableForSaleSecuritiesDebtSecurities`	$99.74B	USD	Point-in-time
Fixed maturity available-for-sale securities, at fair value (amortized cost: 2023 - $111,354; 2022 - $111,707; allowance for credit losses: 2023 - $25; 2022 - $22)	`AvailableForSaleSecuritiesDebtSecurities`	$100.89B	USD	Point-in-time
Trading securities	`TradingSecuritiesDebt`	$2.94B	USD	Point-in-time
Trading securities	`TradingSecuritiesDebt`	$3.50B	USD	Point-in-time
Fixed maturity securities (amortized cost)	`AvailableForSaleDebtSecuritiesAmortizedCostBasis`	$111.71B	USD	Point-in-time
Fixed maturity securities (amortized cost)	`AvailableForSaleDebtSecuritiesAmortizedCostBasis`	$111.35B	USD	Point-in-time
Fixed maturity, ACL	`DebtSecuritiesAvailableForSaleAllowanceForCreditLoss`	$12.00M	USD	Point-in-time
Fixed maturity, ACL	`DebtSecuritiesAvailableForSaleAllowanceForCreditLoss`	$22.00M	USD	Point-in-time
Fixed maturity, ACL	`DebtSecuritiesAvailableForSaleAllowanceForCreditLoss`	$19.00M	USD	Point-in-time
Fixed maturity, ACL	`DebtSecuritiesAvailableForSaleAllowanceForCreditLoss`	$39.00M	USD	Point-in-time
Fixed maturity, ACL	`DebtSecuritiesAvailableForSaleAllowanceForCreditLoss`	$25.00M	USD	Point-in-time
Equity securities	`EquitySecuritiesFvNi`	$427.00M	USD	Point-in-time
Equity securities	`EquitySecuritiesFvNi`	$403.00M	USD	Point-in-time
Fixed maturity, ACL	`DebtSecuritiesAvailableForSaleAllowanceForCreditLoss`	$20.00M	USD	Point-in-time
Mortgage loans on real estate, net of allowance for credit losses (portion at fair value: 2023 - $404; 2022 - $487)	`NotesReceivableNet`	$18.30B	USD	Point-in-time
Mortgage loans on real estate, fair value	`LoansReceivableFairValueDisclosure`	$487.00M	USD	Point-in-time
Mortgage loans on real estate, fair value	`LoansReceivableFairValueDisclosure`	$404.00M	USD	Point-in-time
Mortgage loans on real estate, net of allowance for credit losses (portion at fair value: 2023 - $404; 2022 - $487)	`NotesReceivableNet`	$18.46B	USD	Point-in-time
Policy loans	`LoansInsurancePolicy`	$2.36B	USD	Point-in-time
Policy loans	`LoansInsurancePolicy`	$2.42B	USD	Point-in-time
Derivative investments	`DerivativeAssets`	$3.59B	USD	Point-in-time
Derivative investments	`DerivativeAssets`	$5.16B	USD	Point-in-time
Other investments	`OtherInvestments`	$3.74B	USD	Point-in-time
Other investments	`OtherInvestments`	$4.20B	USD	Point-in-time
Preferred stock - shares authorized (in shares)	`PreferredStockSharesAuthorized`	10.00M	shares	Point-in-time
Preferred stock - shares authorized (in shares)	`PreferredStockSharesAuthorized`	10.00M	shares	Point-in-time
Preferred stock - shares issued (in shares)	`PreferredStockSharesIssued`	40,000.00	shares	Point-in-time
Total investments	`Investments`	$131.65B	USD	Point-in-time
Preferred stock - shares issued (in shares)	`PreferredStockSharesIssued`	40,000.00	shares	Point-in-time
Total investments	`Investments`	$134.47B	USD	Point-in-time
Preferred stock - shares outstanding (in shares)	`PreferredStockSharesOutstanding`	40,000.00	shares	Point-in-time
Cash and invested cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$3.77B	USD	Point-in-time
Cash and invested cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$2.61B	USD	Point-in-time
Preferred stock - shares outstanding (in shares)	`PreferredStockSharesOutstanding`	40,000.00	shares	Point-in-time
Cash and invested cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.57B	USD	Point-in-time
Cash and invested cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$3.34B	USD	Point-in-time
Deferred acquisition costs, value of business acquired and deferred sales inducements	`DeferredPolicyAcquisitionCostsAndValueOfBusinessAcquired`	$12.32B	USD	Point-in-time
Common stock - shares authorized (in shares)	`CommonStockSharesAuthorized`	800.00M	shares	Point-in-time
Deferred acquisition costs, value of business acquired and deferred sales inducements	`DeferredPolicyAcquisitionCostsAndValueOfBusinessAcquired`	$12.23B	USD	Point-in-time
Common stock - shares authorized (in shares)	`CommonStockSharesAuthorized`	800.00M	shares	Point-in-time
Reinsurance recoverables, net of allowance for credit losses	`ReinsuranceRecoverables`	$19.03B	USD	Point-in-time
Reinsurance recoverables, net of allowance for credit losses	`ReinsuranceRecoverables`	$19.44B	USD	Point-in-time
Common stock - shares issued (in shares)	`CommonStockSharesIssued`	169.22M	shares	Point-in-time
Common stock - shares issued (in shares)	`CommonStockSharesIssued`	169.63M	shares	Point-in-time
Common stock - shares outstanding (in shares)	`CommonStockSharesOutstanding`	169.63M	shares	Point-in-time
Market risk benefit assets	`MarketRiskBenefitAssetAmount`	$3.91B	USD	Point-in-time
Market risk benefit assets	`MarketRiskBenefitAssetAmount`	$2.81B	USD	Point-in-time
Common stock - shares outstanding (in shares)	`CommonStockSharesOutstanding`	169.22M	shares	Point-in-time
Accrued investment income	`AccruedInvestmentIncomeReceivable`	$1.25B	USD	Point-in-time
Accrued investment income	`AccruedInvestmentIncomeReceivable`	$1.28B	USD	Point-in-time
Goodwill	`Goodwill`	$1.14B	USD	Point-in-time
Goodwill	`Goodwill`	$1.14B	USD	Point-in-time
Other assets	`OtherAssets`	$18.80B	USD	Point-in-time
Other assets	`OtherAssets`	$19.46B	USD	Point-in-time
Separate account assets	`SeparateAccountAssets`	$143.54B	USD	Point-in-time
Separate account assets	`SeparateAccountAssets`	$153.25B	USD	Point-in-time
Total assets	`Assets`	$334.22B	USD	Point-in-time
Total assets	`Assets`	$348.61B	USD	Point-in-time
Policyholder account balances	`PolicyholderFunds`	$117.60B	USD	Point-in-time
Policyholder account balances	`PolicyholderFunds`	$114.44B	USD	Point-in-time
Future contract benefits	`LiabilityForFuturePolicyBenefits`	$39.71B	USD	Point-in-time
Future contract benefits	`LiabilityForFuturePolicyBenefits`	$38.83B	USD	Point-in-time
Market risk benefit liabilities	`MarketRiskBenefitLiabilityAmount`	$2.08B	USD	Point-in-time
Market risk benefit liabilities	`MarketRiskBenefitLiabilityAmount`	$1.55B	USD	Point-in-time
Deferred front-end loads	`DeferredFrontEndLoads`	$5.05B	USD	Point-in-time
Deferred front-end loads	`DeferredFrontEndLoads`	$5.45B	USD	Point-in-time
Payables for collateral on investments	`DepositsReceivedForSecuritiesLoanedAtCarryingValue`	$6.71B	USD	Point-in-time
Payables for collateral on investments	`DepositsReceivedForSecuritiesLoanedAtCarryingValue`	$7.06B	USD	Point-in-time
Short-term debt	`DebtCurrent`	$500.00M	USD	Point-in-time
Short-term debt	`DebtCurrent`	$500.00M	USD	Point-in-time
Long-term debt	`LongTermDebtAndFairValueHedges`	$5.95B	USD	Point-in-time
Long-term debt	`LongTermDebtAndFairValueHedges`	$5.96B	USD	Point-in-time
Other liabilities	`OtherLiabilities`	$11.72B	USD	Point-in-time
Other liabilities	`OtherLiabilities`	$12.02B	USD	Point-in-time
Separate account liabilities	`SeparateAccountsLiability`	$153.25B	USD	Point-in-time
Separate account liabilities	`SeparateAccountsLiability`	$143.54B	USD	Point-in-time
Total liabilities	`Liabilities`	$342.79B	USD	Point-in-time
Total liabilities	`Liabilities`	$329.12B	USD	Point-in-time
Contingencies and Commitments (See Note 14)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Contingencies and Commitments (See Note 14)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Common stock 800,000,000 shares authorized; 169,630,880 and 169,220,511 shares issued and outstanding as of June 30, 2023, and December 31, 2022, respectively	`CommonStockValueOutstanding`	$4.54B	USD	Point-in-time
Common stock 800,000,000 shares authorized; 169,630,880 and 169,220,511 shares issued and outstanding as of June 30, 2023, and December 31, 2022, respectively	`CommonStockValueOutstanding`	$4.58B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$5.36B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$5.92B	USD	Point-in-time
Accumulated other comprehensive income (loss)	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-6.35B	USD	Point-in-time
Accumulated other comprehensive income (loss)	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-5.10B	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$5.82B	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$5.10B	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$9.33B	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$334.22B	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$348.61B	USD	Point-in-time

Income Statement 130 line items

Line Item	Tag	Value	Unit	Period
Insurance premiums	`PremiumsEarnedNet`	$1.61B	USD	1 Quarter
Insurance premiums	`PremiumsEarnedNet`	$1.50B	USD	1 Quarter
Insurance premiums	`PremiumsEarnedNet`	$3.19B	USD	2 Qtrs
Insurance premiums	`PremiumsEarnedNet`	$2.98B	USD	2 Qtrs
Fee income	`InsuranceFees`	$1.36B	USD	1 Quarter
Fee income	`InsuranceFees`	$2.87B	USD	2 Qtrs
Fee income	`InsuranceFees`	$2.74B	USD	2 Qtrs
Fee income	`InsuranceFees`	$1.41B	USD	1 Quarter
Net investment income	`NetInvestmentIncome`	$1.51B	USD	1 Quarter
Net investment income	`NetInvestmentIncome`	$1.40B	USD	1 Quarter
Net investment income	`NetInvestmentIncome`	$2.81B	USD	2 Qtrs
Net investment income	`NetInvestmentIncome`	$2.97B	USD	2 Qtrs
Realized gain (loss)	`DebtAndEquitySecuritiesRealizedGainLoss`	$1.28B	USD	2 Qtrs
Realized gain (loss)	`DebtAndEquitySecuritiesRealizedGainLoss`	$-2.61B	USD	2 Qtrs
Realized gain (loss)	`DebtAndEquitySecuritiesRealizedGainLoss`	$1.10B	USD	1 Quarter
Realized gain (loss)	`DebtAndEquitySecuritiesRealizedGainLoss`	$-1.78B	USD	1 Quarter
Amortization of deferred gain on business sold through reinsurance	`AmortizationOfDeferredGainOnBusinessSoldThroughReinsurance`	$9.00M	USD	1 Quarter
Amortization of deferred gain on business sold through reinsurance	`AmortizationOfDeferredGainOnBusinessSoldThroughReinsurance`	$19.00M	USD	2 Qtrs
Amortization of deferred gain on business sold through reinsurance	`AmortizationOfDeferredGainOnBusinessSoldThroughReinsurance`	$11.00M	USD	1 Quarter
Amortization of deferred gain on business sold through reinsurance	`AmortizationOfDeferredGainOnBusinessSoldThroughReinsurance`	$22.00M	USD	2 Qtrs
Other revenues	`OtherIncome`	$342.00M	USD	2 Qtrs
Other revenues	`OtherIncome`	$427.00M	USD	2 Qtrs
Other revenues	`OtherIncome`	$219.00M	USD	1 Quarter
Other revenues	`OtherIncome`	$160.00M	USD	1 Quarter
Total revenues	`Revenues`	$5.58B	USD	1 Quarter
Total revenues	`Revenues`	$6.74B	USD	2 Qtrs
Total revenues	`Revenues`	$10.30B	USD	2 Qtrs
Total revenues	`Revenues`	$2.93B	USD	1 Quarter
Benefits	`PolicyholderBenefitsAndClaimsIncurredNet`	$1.95B	USD	1 Quarter
Benefits	`PolicyholderBenefitsAndClaimsIncurredNet`	$4.48B	USD	2 Qtrs
Benefits	`PolicyholderBenefitsAndClaimsIncurredNet`	$2.19B	USD	1 Quarter
Benefits	`PolicyholderBenefitsAndClaimsIncurredNet`	$4.11B	USD	2 Qtrs
Interest credited	`InterestCreditedToPolicyholdersAccountBalances`	$808.00M	USD	1 Quarter
Interest credited	`InterestCreditedToPolicyholdersAccountBalances`	$710.00M	USD	1 Quarter
Interest credited	`InterestCreditedToPolicyholdersAccountBalances`	$1.41B	USD	2 Qtrs
Interest credited	`InterestCreditedToPolicyholdersAccountBalances`	$1.59B	USD	2 Qtrs
Market risk benefit (gain) loss	`MarketRiskBenefitChangeInFairValueGainLoss`	$1.40B	USD	2 Qtrs
Market risk benefit (gain) loss	`MarketRiskBenefitChangeInFairValueGainLoss`	$2.02B	USD	1 Quarter
Market risk benefit (gain) loss	`MarketRiskBenefitChangeInFairValueGainLoss`	$-477.00M	USD	1 Quarter
Market risk benefit (gain) loss	`MarketRiskBenefitChangeInFairValueGainLoss`	$881.00M	USD	2 Qtrs
Policyholder liability remeasurement (gain) loss	`LiabilityForFuturePolicyBenefitRemeasurementGainLoss`	$-85.00M	USD	1 Quarter
Policyholder liability remeasurement (gain) loss	`LiabilityForFuturePolicyBenefitRemeasurementGainLoss`	$-126.00M	USD	2 Qtrs
Policyholder liability remeasurement (gain) loss	`LiabilityForFuturePolicyBenefitRemeasurementGainLoss`	$110.00M	USD	1 Quarter
Policyholder liability remeasurement (gain) loss	`LiabilityForFuturePolicyBenefitRemeasurementGainLoss`	$228.00M	USD	2 Qtrs
Commissions and other expenses	`OtherCostAndExpenseOperating`	$2.64B	USD	2 Qtrs
Commissions and other expenses	`OtherCostAndExpenseOperating`	$1.21B	USD	1 Quarter
Commissions and other expenses	`OtherCostAndExpenseOperating`	$2.46B	USD	2 Qtrs
Commissions and other expenses	`OtherCostAndExpenseOperating`	$1.33B	USD	1 Quarter
Interest and debt expense	`InterestExpenseDebt`	$84.00M	USD	1 Quarter
Interest and debt expense	`InterestExpenseDebt`	$68.00M	USD	1 Quarter
Interest and debt expense	`InterestExpenseDebt`	$166.00M	USD	2 Qtrs
Interest and debt expense	`InterestExpenseDebt`	$134.00M	USD	2 Qtrs
Spark program expense	`StrategicDigitizationExpense`	$64.00M	USD	2 Qtrs
Spark program expense	`StrategicDigitizationExpense`	$41.00M	USD	1 Quarter
Spark program expense	`StrategicDigitizationExpense`	$44.00M	USD	1 Quarter
Spark program expense	`StrategicDigitizationExpense`	$75.00M	USD	2 Qtrs
Total expenses	`BenefitsLossesAndExpenses`	$7.43B	USD	2 Qtrs
Total expenses	`BenefitsLossesAndExpenses`	$4.54B	USD	1 Quarter
Total expenses	`BenefitsLossesAndExpenses`	$7.31B	USD	2 Qtrs
Total expenses	`BenefitsLossesAndExpenses`	$2.33B	USD	1 Quarter
Income (loss) before taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$2.87B	USD	2 Qtrs
Income (loss) before taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-568.00M	USD	2 Qtrs
Income (loss) before taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$602.00M	USD	1 Quarter
Income (loss) before taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$1.03B	USD	1 Quarter
Federal income tax expense (benefit)	`IncomeTaxExpenseBenefit`	$192.00M	USD	1 Quarter
Federal income tax expense (benefit)	`IncomeTaxExpenseBenefit`	$545.00M	USD	2 Qtrs
Federal income tax expense (benefit)	`IncomeTaxExpenseBenefit`	$91.00M	USD	1 Quarter
Federal income tax expense (benefit)	`IncomeTaxExpenseBenefit`	$-198.00M	USD	2 Qtrs
Net income (loss)	`NetIncomeLoss`	$2.32B	USD	2 Qtrs
Net income (loss)	`NetIncomeLoss`	$511.00M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-370.00M	USD	2 Qtrs
Net income (loss)	`NetIncomeLoss`	$840.00M	USD	1 Quarter
Unrealized investment gain (loss)	`OtherComprehensiveIncomeLossUnrealizedInvesmentGainsLosses`	$-6.66B	USD	1 Quarter
Unrealized investment gain (loss)	`OtherComprehensiveIncomeLossUnrealizedInvesmentGainsLosses`	$1.26B	USD	2 Qtrs
Unrealized investment gain (loss)	`OtherComprehensiveIncomeLossUnrealizedInvesmentGainsLosses`	$-513.00M	USD	1 Quarter
Unrealized investment gain (loss)	`OtherComprehensiveIncomeLossUnrealizedInvesmentGainsLosses`	$-14.15B	USD	2 Qtrs
Market risk benefit non-performance risk gain (loss)	`OciMarketRiskBenefitInstrumentSpecificCreditRiskGainLossAfterAdjustmentsTax`	$-374.00M	USD	2 Qtrs
Market risk benefit non-performance risk gain (loss)	`OciMarketRiskBenefitInstrumentSpecificCreditRiskGainLossAfterAdjustmentsTax`	$924.00M	USD	1 Quarter
Market risk benefit non-performance risk gain (loss)	`OciMarketRiskBenefitInstrumentSpecificCreditRiskGainLossAfterAdjustmentsTax`	$-101.00M	USD	2 Qtrs
Market risk benefit non-performance risk gain (loss)	`OciMarketRiskBenefitInstrumentSpecificCreditRiskGainLossAfterAdjustmentsTax`	$-354.00M	USD	1 Quarter
Policyholder liability discount rate remeasurement gain (loss)	`OciLiabilityForFuturePolicyBenefitGainLossAfterReclassificationAdjustmentTaxParent`	$-112.00M	USD	1 Quarter
Policyholder liability discount rate remeasurement gain (loss)	`OciLiabilityForFuturePolicyBenefitGainLossAfterReclassificationAdjustmentTaxParent`	$-710.00M	USD	1 Quarter
Policyholder liability discount rate remeasurement gain (loss)	`OciLiabilityForFuturePolicyBenefitGainLossAfterReclassificationAdjustmentTaxParent`	$90.00M	USD	2 Qtrs
Policyholder liability discount rate remeasurement gain (loss)	`OciLiabilityForFuturePolicyBenefitGainLossAfterReclassificationAdjustmentTaxParent`	$-1.52B	USD	2 Qtrs
Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-14.00M	USD	1 Quarter
Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-19.00M	USD	2 Qtrs
Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$8.00M	USD	2 Qtrs
Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$5.00M	USD	1 Quarter
Funded status of employee benefit plans	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$32.00M	USD	2 Qtrs
Funded status of employee benefit plans	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$-13.00M	USD	2 Qtrs
Funded status of employee benefit plans	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$30.00M	USD	1 Quarter
Funded status of employee benefit plans	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$-10.00M	USD	1 Quarter
Total other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$-5.59B	USD	1 Quarter
Total other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$-1.35B	USD	1 Quarter
Total other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$1.25B	USD	2 Qtrs
Total other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$-12.26B	USD	2 Qtrs
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTax`	$-4.75B	USD	1 Quarter
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTax`	$-9.94B	USD	2 Qtrs
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTax`	$-839.00M	USD	1 Quarter
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTax`	$878.00M	USD	2 Qtrs
Net income (loss)	`NetIncomeLoss`	$2.32B	USD	2 Qtrs
Net income (loss)	`NetIncomeLoss`	$511.00M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-370.00M	USD	2 Qtrs
Net income (loss)	`NetIncomeLoss`	$840.00M	USD	1 Quarter
Preferred stock dividends declared	`PreferredStockDividendsAndOtherAdjustments`	$11.00M	USD	1 Quarter
Preferred stock dividends declared	`PreferredStockDividendsAndOtherAdjustments`	$36.00M	USD	2 Qtrs
Deferred units of LNC stock in our deferred compensation plans	`UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic`	$2.00M	USD	2 Qtrs
Deferred units of LNC stock in our deferred compensation plans	`UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic`	$7.00M	USD	2 Qtrs
Deferred units of LNC stock in our deferred compensation plans	`UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic`	$7.00M	USD	1 Quarter
Deferred units of LNC stock in our deferred compensation plans	`UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic`	$-2.00M	USD	1 Quarter
Net income (loss) available to common stockholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$833.00M	USD	1 Quarter
Net income (loss) available to common stockholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-408.00M	USD	2 Qtrs
Net income (loss) available to common stockholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$2.31B	USD	2 Qtrs
Net income (loss) available to common stockholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$502.00M	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$13.44	USD	2 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$2.95	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$-2.40	USD	2 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$4.91	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$13.25	USD	2 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$-2.41	USD	2 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$2.94	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$4.83	USD	1 Quarter
Cash Dividends Declared Per Preferred Share	`PreferredStockDividendsPerShareDeclared`	$1.82K	USD	2 Qtrs
Cash Dividends Declared Per Preferred Share	`PreferredStockDividendsPerShareDeclared`	-	USD	2 Qtrs
Cash Dividends Declared Per Preferred Share	`PreferredStockDividendsPerShareDeclared`	-	USD	1 Quarter
Cash Dividends Declared Per Preferred Share	`PreferredStockDividendsPerShareDeclared`	$562.50	USD	1 Quarter
Cash Dividends Declared Per Common Share	`CommonStockDividendsPerShareDeclared`	$0.90	USD	2 Qtrs
Cash Dividends Declared Per Common Share	`CommonStockDividendsPerShareDeclared`	$0.90	USD	2 Qtrs
Cash Dividends Declared Per Common Share	`CommonStockDividendsPerShareDeclared`	$0.45	USD	1 Quarter
Cash Dividends Declared Per Common Share	`CommonStockDividendsPerShareDeclared`	$0.45	USD	1 Quarter

Cash Flow Statement 85 line items

Line Item	Tag	Value	Unit	Period
Net income (loss)	`NetIncomeLoss`	$2.32B	USD	2 Qtrs
Net income (loss)	`NetIncomeLoss`	$511.00M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-370.00M	USD	2 Qtrs
Net income (loss)	`NetIncomeLoss`	$840.00M	USD	1 Quarter
Realized (gain) loss	`DebtAndEquitySecuritiesRealizedGainLoss`	$1.28B	USD	2 Qtrs
Realized (gain) loss	`DebtAndEquitySecuritiesRealizedGainLoss`	$-2.61B	USD	2 Qtrs
Realized (gain) loss	`DebtAndEquitySecuritiesRealizedGainLoss`	$1.10B	USD	1 Quarter
Realized (gain) loss	`DebtAndEquitySecuritiesRealizedGainLoss`	$-1.78B	USD	1 Quarter
Market risk benefit (gain) loss	`MarketRiskBenefitChangeInFairValueGainLoss`	$881.00M	USD	2 Qtrs
Market risk benefit (gain) loss	`MarketRiskBenefitChangeInFairValueGainLoss`	$-477.00M	USD	1 Quarter
Market risk benefit (gain) loss	`MarketRiskBenefitChangeInFairValueGainLoss`	$2.02B	USD	1 Quarter
Market risk benefit (gain) loss	`MarketRiskBenefitChangeInFairValueGainLoss`	$1.40B	USD	2 Qtrs
Sales and maturities (purchases) of trading securities, net	`ProceedsFromPaymentsForTradingSecurities`	$117.00M	USD	2 Qtrs
Sales and maturities (purchases) of trading securities, net	`ProceedsFromPaymentsForTradingSecurities`	$607.00M	USD	2 Qtrs
Amortization of deferred gain on business sold through reinsurance	`AmortizationOfDeferredGainOnBusinessSoldThroughReinsurance`	$11.00M	USD	1 Quarter
Amortization of deferred gain on business sold through reinsurance	`AmortizationOfDeferredGainOnBusinessSoldThroughReinsurance`	$22.00M	USD	2 Qtrs
Amortization of deferred gain on business sold through reinsurance	`AmortizationOfDeferredGainOnBusinessSoldThroughReinsurance`	$19.00M	USD	2 Qtrs
Amortization of deferred gain on business sold through reinsurance	`AmortizationOfDeferredGainOnBusinessSoldThroughReinsurance`	$9.00M	USD	1 Quarter
Deferred acquisition costs, value of business acquired, deferred sales inducements and deferred front-end loads	`DeferredAcquisitionCostsValueOfBusinessAcquiredDeferredSalesInducementsAndDeferredFrontEndLoadsDeferralsAndInterestNetOfAmortization`	$244.00M	USD	2 Qtrs
Deferred acquisition costs, value of business acquired, deferred sales inducements and deferred front-end loads	`DeferredAcquisitionCostsValueOfBusinessAcquiredDeferredSalesInducementsAndDeferredFrontEndLoadsDeferralsAndInterestNetOfAmortization`	$317.00M	USD	2 Qtrs
Accrued investment income	`IncreaseDecreaseInAccruedInvestmentIncomeReceivable`	$40.00M	USD	2 Qtrs
Accrued investment income	`IncreaseDecreaseInAccruedInvestmentIncomeReceivable`	$5.00M	USD	2 Qtrs
Insurance liabilities and reinsurance-related balances	`ChangeInInsuranceLiabilitiesAndReinsuranceRelatedBalance`	$-1.67B	USD	2 Qtrs
Insurance liabilities and reinsurance-related balances	`ChangeInInsuranceLiabilitiesAndReinsuranceRelatedBalance`	$1.58B	USD	2 Qtrs
Accrued expenses	`IncreaseDecreaseInAccruedLiabilities`	$-68.00M	USD	2 Qtrs
Accrued expenses	`IncreaseDecreaseInAccruedLiabilities`	$-375.00M	USD	2 Qtrs
Federal income tax accruals	`IncreaseDecreaseInIncomeTaxes`	$-198.00M	USD	2 Qtrs
Federal income tax accruals	`IncreaseDecreaseInIncomeTaxes`	$599.00M	USD	2 Qtrs
Other	`OtherNoncashIncomeExpense`	$146.00M	USD	2 Qtrs
Other	`OtherNoncashIncomeExpense`	$-14.00M	USD	2 Qtrs
Net cash provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-252.00M	USD	2 Qtrs
Net cash provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$2.37B	USD	2 Qtrs
Purchases of available-for-sale securities and equity securities	`PaymentsToAcquireInvestments`	$5.32B	USD	2 Qtrs
Purchases of available-for-sale securities and equity securities	`PaymentsToAcquireInvestments`	$8.20B	USD	2 Qtrs
Sales of available-for-sale securities and equity securities	`ProceedsFromSaleOfDebtSecuritiesAvailableForSaleAndEquitySecurities`	$2.40B	USD	2 Qtrs
Sales of available-for-sale securities and equity securities	`ProceedsFromSaleOfDebtSecuritiesAvailableForSaleAndEquitySecurities`	$308.00M	USD	2 Qtrs
Maturities of available-for-sale securities	`ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities`	$2.82B	USD	2 Qtrs
Maturities of available-for-sale securities	`ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities`	$3.23B	USD	2 Qtrs
Purchases of alternative investments	`PaymentsToAcquireAlternativeInvestments`	$329.00M	USD	2 Qtrs
Purchases of alternative investments	`PaymentsToAcquireAlternativeInvestments`	$322.00M	USD	2 Qtrs
Sales and repayments of alternative investments	`ProceedsFromSaleAndRepaymentOfAlternativeInvestments`	$183.00M	USD	2 Qtrs
Sales and repayments of alternative investments	`ProceedsFromSaleAndRepaymentOfAlternativeInvestments`	$64.00M	USD	2 Qtrs
Issuance of mortgage loans on real estate	`IssuanceOfMortgageLoansOnRealEstate`	$719.00M	USD	2 Qtrs
Issuance of mortgage loans on real estate	`IssuanceOfMortgageLoansOnRealEstate`	$1.37B	USD	2 Qtrs
Repayment and maturities of mortgage loans on real estate	`RepaymentAndMaturitiesOfMortgageLoansOnRealEstate`	$525.00M	USD	2 Qtrs
Repayment and maturities of mortgage loans on real estate	`RepaymentAndMaturitiesOfMortgageLoansOnRealEstate`	$1.43B	USD	2 Qtrs
Repayment (issuance) of policy loans, net	`PaymentsForProceedsFromPolicyLoans`	$67.00M	USD	2 Qtrs
Repayment (issuance) of policy loans, net	`PaymentsForProceedsFromPolicyLoans`	$5.00M	USD	2 Qtrs
Net change in collateral on investments, certain derivatives and related settlements	`NetChangeInCollateralOnInvestmentsDerivativesAndRelatedSettlements`	$-1.89B	USD	2 Qtrs
Net change in collateral on investments, certain derivatives and related settlements	`NetChangeInCollateralOnInvestmentsDerivativesAndRelatedSettlements`	$-401.00M	USD	2 Qtrs
Other	`PaymentsForProceedsFromOtherInvestingActivities`	$101.00M	USD	2 Qtrs
Other	`PaymentsForProceedsFromOtherInvestingActivities`	$161.00M	USD	2 Qtrs
Net cash provided by (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-1.18B	USD	2 Qtrs
Net cash provided by (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-6.75B	USD	2 Qtrs
Payment of long-term debt, including current maturities	`RepaymentsOfLongTermDebt`	$300.00M	USD	2 Qtrs
Issuance of long-term debt, net of issuance costs	`ProceedsFromIssuanceOfLongTermDebt`	$297.00M	USD	2 Qtrs
Payment related to sale-leaseback transactions	`PaymentsOfSaleLeasebackTransactions`	$47.00M	USD	2 Qtrs
Payment related to sale-leaseback transactions	`PaymentsOfSaleLeasebackTransactions`	$58.00M	USD	2 Qtrs
Proceeds from certain financing arrangements	`ProceedsFromFinancingLeasesAndOtherFinancingActivities`	$65.00M	USD	2 Qtrs
Proceeds from certain financing arrangements	`ProceedsFromFinancingLeasesAndOtherFinancingActivities`	$53.00M	USD	2 Qtrs
Payment related to certain financing arrangements	`PaymentRelatedToCertainFinancingArrangements`	$20.00M	USD	2 Qtrs
Deposits of fixed account balances	`DepositsOfFixedAccountValuesIncludingFixedPortionOfVariable`	$7.52B	USD	2 Qtrs
Deposits of fixed account balances	`DepositsOfFixedAccountValuesIncludingFixedPortionOfVariable`	$7.42B	USD	2 Qtrs
Withdrawals of fixed account balances	`WithdrawalsOfFixedAccountValuesIncludingFixedPortionOfVariable`	$3.56B	USD	2 Qtrs
Withdrawals of fixed account balances	`WithdrawalsOfFixedAccountValuesIncludingFixedPortionOfVariable`	$5.08B	USD	2 Qtrs
Transfers from (to) separate accounts, net	`TransfersToAndFromSeparateAccountsNet`	$381.00M	USD	2 Qtrs
Transfers from (to) separate accounts, net	`TransfersToAndFromSeparateAccountsNet`	$-142.00M	USD	2 Qtrs
Common stock issued for benefit plans	`CommonStockIssuedForBenefitPlans`	$6.00M	USD	2 Qtrs
Common stock issued for benefit plans	`CommonStockIssuedForBenefitPlans`	$14.00M	USD	2 Qtrs
Repurchase of common stock	`PaymentsForRepurchaseOfCommonStock`	$500.00M	USD	2 Qtrs
Dividends paid to preferred stockholders	`PaymentsOfDividendsPreferredStockAndPreferenceStock`	$36.00M	USD	2 Qtrs
Dividends paid to common stockholders	`PaymentsOfDividendsCommonStock`	$157.00M	USD	2 Qtrs
Dividends paid to common stockholders	`PaymentsOfDividendsCommonStock`	$153.00M	USD	2 Qtrs
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$3.34B	USD	2 Qtrs
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$1.86B	USD	2 Qtrs
Net increase (decrease) in cash, invested cash and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect`	$-1.04B	USD	2 Qtrs
Net increase (decrease) in cash, invested cash and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect`	$425.00M	USD	2 Qtrs
Cash, invested cash and restricted cash as of beginning-of-year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$2.61B	USD	Point-in-time
Cash, invested cash and restricted cash as of beginning-of-year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.57B	USD	Point-in-time
Cash, invested cash and restricted cash as of beginning-of-year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$3.34B	USD	Point-in-time
Cash, invested cash and restricted cash as of beginning-of-year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$3.77B	USD	Point-in-time
Cash, invested cash and restricted cash as of end-of-period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$3.34B	USD	Point-in-time
Cash, invested cash and restricted cash as of end-of-period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$3.77B	USD	Point-in-time
Cash, invested cash and restricted cash as of end-of-period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.57B	USD	Point-in-time
Cash, invested cash and restricted cash as of end-of-period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$2.61B	USD	Point-in-time

Stockholders Equity 14 line items

Line Item	Tag	Value	Unit	Period
Balance	`StockholdersEquity`	$5.82B	USD	Point-in-time
Balance	`StockholdersEquity`	$5.10B	USD	Point-in-time
Balance	`StockholdersEquity`	$9.33B	USD	Point-in-time
Net income (loss)	`NetIncomeLoss`	$2.32B	USD	2 Qtrs
Net income (loss)	`NetIncomeLoss`	$511.00M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-370.00M	USD	2 Qtrs
Net income (loss)	`NetIncomeLoss`	$840.00M	USD	1 Quarter
Other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$-5.59B	USD	1 Quarter
Other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$-1.35B	USD	1 Quarter
Other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$1.25B	USD	2 Qtrs
Other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$-12.26B	USD	2 Qtrs
Balance	`StockholdersEquity`	$5.82B	USD	Point-in-time
Balance	`StockholdersEquity`	$5.10B	USD	Point-in-time
Balance	`StockholdersEquity`	$9.33B	USD	Point-in-time

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.