XML 57 R38.htm IDEA: XBRL DOCUMENT
v3.22.4

DAC, VOBA, DSI and DFEL (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2022
DAC, VOBA, DSI and DFEL [Abstract] |
DAC |
| For the Years Ended December 31, |
| 2022 |  | 2021 |  | 2020 |
Balance as of beginning-of-year | $ | 5,888 |  | $ | 5,565 |  | $ | 7,352 |
Cumulative effect from adoption of new accounting |  |  |  |  |  |  |  |  |
standard |  | - |  |  | - |  |  | 5 |
Business acquired (sold) through reinsurance |  | - |  |  | (362 | ) |  | (10 | )
Deferrals |  | 1,372 |  |  | 1,373 |  |  | 1,446 |
Amortization, net of interest: |  |  |  |  |  |  |  |  |
Amortization, excluding unlocking, net of interest |  | (811 | ) |  | (1,001 | ) |  | (796 | )
Unlocking |  | (210 | ) |  | (565 | ) |  | (231 | )
Adjustment related to realized (gains) losses |  | (129 | ) |  | 86 |  |  | (19 | )
Adjustment related to unrealized (gains) losses |  | 6,648 |  |  | 792 |  |  | (2,182 | )
Balance as of end-of-year | $ | 12,758 |  | $ | 5,888 |  | $ | 5,565 |
VOBA |
| For the Years Ended December 31, |
| 2022 |  | 2021 |  | 2020 |
Balance as of beginning-of-year | $ | 193 |  | $ | 247 |  | $ | 342 |
Business acquired (sold) through reinsurance |  | - |  |  | (288 | ) |  | - |
Deferrals |  | 2 |  |  | - |  |  | 3 |
Amortization: |  |  |  |  |  |  |  |  |
Amortization, excluding unlocking |  | (75 | ) |  | (94 | ) |  | (105 | )
Unlocking |  | 60 |  |  | (7 | ) |  | (205 | )
Accretion of interest (1) |  | 23 |  |  | 33 |  |  | 44 |
Adjustment related to realized (gains) losses |  | (2 | ) |  | (3 | ) |  | - |
Adjustment related to unrealized (gains) losses |  | 629 |  |  | 305 |  |  | 168 |
Balance as of end-of-year | $ | 830 |  | $ | 193 |  | $ | 247 |
(1)The interest accrual rates utilized to calculate the accretion of interest ranged from 4.2% to 6.9%.
Estimated Future Amortization Of VOBA |
2023 | $ | 33 |
2024 |  | 35 |
2025 |  | 34 |
2026 |  | 33 |
2027 |  | 31 |
DSI |
| For the Years Ended December 31, |
| 2022 |  | 2021 |  | 2020 |
Balance as of beginning-of-year | $ | 203 |  | $ | 213 |  | $ | 234 |
Deferrals |  | 6 |  |  | 5 |  |  | 7 |
Amortization, net of interest: |  |  |  |  |  |  |  |  |
Amortization, excluding unlocking, net of interest |  | (15 | ) |  | (26 | ) |  | (20 | )
Unlocking |  | 2 |  |  | - |  |  | (1 | )
Adjustment related to realized (gains) losses |  | (2 | ) |  | 3 |  |  | (1 | )
Adjustment related to unrealized (gains) losses |  | 21 |  |  | 8 |  |  | (6 | )
Balance as of end-of-year | $ | 215 |  | $ | 203 |  | $ | 213 |
DFEL |
| For the Years Ended December 31, |
| 2022 |  | 2021 |  | 2020 |
Balance as of beginning-of-year | $ | 415 |  | $ | 401 |  | $ | 650 |
Cumulative effect from adoption of new accounting |  |  |  |  |  |  |  |  |
standard |  | - |  |  | - |  |  | 4 |
Business acquired (sold) through reinsurance |  | - |  |  | (290 | ) |  | - |
Deferrals |  | 1,083 |  |  | 1,015 |  |  | 1,003 |
Amortization, net of interest: |  |  |  |  |  |  |  |  |
Amortization, excluding unlocking, net of interest |  | (565 | ) |  | (595 | ) |  | (538 | )
Unlocking |  | (49 | ) |  | (387 | ) |  | (275 | )
Adjustment related to realized (gains) losses |  | (35 | ) |  | (10 | ) |  | 25 |
Adjustment related to unrealized (gains) losses |  | 4,820 |  |  | 281 |  |  | (468 | )
Balance as of end-of-year | $ | 5,669 |  | $ | 415 |  | $ | 401 |

X
- Definition This element may be used as a single block of text to encapsulate the entire disclosure, including data and tables, pertaining to the nature and amount of deferred front end loads associated with insurance contracts. + References No definition available. + Details
Name: | lnc_DeferredFrontEndLoadsDisclosureTextBlock
Namespace Prefix: | lnc_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition This element may be used as a single block of text to encapsulate the entire disclosure, including data and tables, pertaining to the nature and amount of deferred sales inducements associated with insurance contracts. + References No definition available. + Details
Name: | lnc_DeferredSalesInducementsDisclosureTextBlock
Namespace Prefix: | lnc_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition This table presents the estimated future amortization of VOBA over the next five years, net of interest + References No definition available. + Details
Name: | lnc_EstimatedFutureAmortizationOfVobaTableTextBlock
Namespace Prefix: | lnc_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_DeferredPolicyAcquisitionCostsAndValueOfBusinessAcquiredAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for deferred policy acquisition costs. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 944 -SubTopic 30 -URI https://asc.fasb.org/subtopic&trid=4737841 + Details
Name: | us-gaap_DeferredPolicyAcquisitionCostsTextBlock1
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for present value of future profits of insurance contract acquired in business combination. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 944 -SubTopic 805 -URI https://asc.fasb.org/subtopic&trid=2560393 + Details
Name: | us-gaap_PresentValueOfFutureInsuranceProfitsTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration