XML 49 R41.htm IDEA: XBRL DOCUMENT
v3.23.1

DAC, VOBA, DSI and DFEL (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2022
DAC, VOBA, DSI and DFEL [Abstract] |
Reconciliation of DAC, VOBA and DSI |
| As of December 31, |  |
| 2022 |  |  | 2021 |  |
DAC, VOBA and DSI |  |  |  |  |  |  |  |
Traditional Life | $ | 1,383 |  |  | $ | 1,254 |  |
UL and Other |  | 6,100 |  |  |  | 5,902 |  |
Variable Annuities |  | 3,879 |  |  |  | 3,856 |  |
Fixed Annuities |  | 479 |  |  |  | 495 |  |
Group Protection |  | 141 |  |  |  | 140 |  |
Retirement Plan Services |  | 253 |  |  |  | 249 |  |
Total DAC, VOBA and DSI | $ | 12,235 |  |  | $ | 11,896 |  |
Reconciliation of DFEL |
| As of December 31, |  |
| 2022 |  |  | 2021 |  |
DFEL |  |  |  |  |  |  |  |
UL and Other | $ | 4,766 |  |  | $ | 3,934 |  |
Variable Annuities |  | 286 |  |  |  | 291 |  |
Total DFEL | $ | 5,052 |  |  | $ | 4,225 |  |
DAC |
| For the Year Ended December 31, 2022 |
|  |  |  |  |  |  |  |  |  |  |  | Retirement |
| Traditional |  | UL and |  | Variable |  | Fixed |  | Group |  | Plan |
| Life |  | Other |  | Annuities |  | Annuities |  | Protection |  | Services |
Balance as of beginning-of-year | $ | 1,195 |  | $ | 5,360 |  | $ | 3,717 |  | $ | 448 |  | $ | 140 |  | $ | 235 |
Deferrals |  | 266 |  |  | 539 |  |  | 391 |  |  | 60 |  |  | 98 |  |  | 20 |
Amortization |  | (128 | ) |  | (294 | ) |  | (357 | ) |  | (69 | ) |  | (97 | ) |  | (19 | )
Balance as of end-of-year | $ | 1,333 |  | $ | 5,605 |  | $ | 3,751 |  | $ | 439 |  | $ | 141 |  | $ | 236 |
| For the Year Ended December 31, 2021 |
|  |  |  |  |  |  |  |  |  |  |  | Retirement |
| Traditional |  | UL and |  | Variable |  | Fixed |  | Group |  | Plan |
| Life |  | Other |  | Annuities |  | Annuities |  | Protection |  | Services |
Balance as of beginning-of-year | $ | 1,082 |  | $ | 5,425 |  | $ | 3,570 |  | $ | 479 |  | $ | 187 |  | $ | 232 |
Business acquired (sold) through |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
reinsurance |  | - |  |  | (294 | ) |  | - |  |  | - |  |  | - |  |  | - |
Deferrals |  | 220 |  |  | 523 |  |  | 487 |  |  | 29 |  |  | 91 |  |  | 22 |
Amortization |  | (107 | ) |  | (294 | ) |  | (340 | ) |  | (60 | ) |  | (138 | ) |  | (19 | )
Balance as of end-of-year | $ | 1,195 |  | $ | 5,360 |  | $ | 3,717 |  | $ | 448 |  | $ | 140 |  | $ | 235 |
VOBA |
| For the Year Ended December 31, 2022 |  |
| Traditional |  | UL and |  | Fixed |  |
| Life |  | Other |  | Annuities |  |
Balance as of beginning-of-year | $ | 59 |  | $ | 511 |  | $ | 20 |  |
Deferrals |  | - |  |  | 2 |  |  | - |  |
Amortization |  | (9 | ) |  | (48 | ) |  | (3 | ) |
Balance as of end-of-year | $ | 50 |  | $ | 465 |  | $ | 17 |  |
| For the Year Ended December 31, 2021 |  |
| Traditional |  | UL and |  | Fixed |  |
| Life |  | Other |  | Annuities |  |
Balance as of beginning-of-year | $ | 67 |  | $ | 810 |  | $ | 23 |  |
Business acquired (sold) through |  |  |  |  |  |  |  |  |  |
reinsurance |  | - |  |  | (234 | ) |  | - |  |
Deferrals |  | 1 |  |  | - |  |  | - |  |
Amortization |  | (9 | ) |  | (65 | ) |  | (3 | ) |
Balance as of end-of-year | $ | 59 |  | $ | 511 |  | $ | 20 |  |
Estimated Future Amortization Of VOBA |
2023 | $ | 45 |
2024 |  | 41 |
2025 |  | 38 |
2026 |  | 35 |
2027 |  | 30 |
DSI |
| For the Year Ended December 31, 2022 |
|  |  |  |  |  |  | Retirement |
| UL and |  | Variable |  | Fixed |  | Plan |
| Other |  | Annuities |  | Annuities |  | Services |
Balance as of beginning-of-year | $ | 31 |  | $ | 139 |  | $ | 27 |  | $ | 14 |
Deferrals |  | 1 |  |  | 1 |  |  | - |  |  | 4 |
Amortization |  | (2 | ) |  | (12 | ) |  | (4 | ) |  | (1 | )
Balance as of end-of-year | $ | 30 |  | $ | 128 |  | $ | 23 |  | $ | 17 |
| For the Year Ended December 31, 2021 |
|  |  |  |  |  |  | Retirement |
| UL and |  | Variable |  | Fixed |  | Plan |
| Other |  | Annuities |  | Annuities |  | Services |
Balance as of beginning-of-year | $ | 35 |  | $ | 150 |  | $ | 30 |  | $ | 14 |
Deferrals |  | 1 |  |  | 3 |  |  | - |  |  | 1 |
Amortization |  | (5 | ) |  | (14 | ) |  | (3 | ) |  | (1 | )
Balance as of end-of-year | $ | 31 |  | $ | 139 |  | $ | 27 |  | $ | 14 |
DFEL |
| For the Year Ended |  | For the Year Ended |
| December 31, 2022 |  | December 31, 2021 |
| UL and |  |  | Variable |  | UL and |  |  | Variable |
| Other |  |  | Annuities |  | Other |  |  | Annuities |
Balance as of beginning-of-year | $ | 3,934 |  |  | $ | 291 |  | $ | 3,298 |  |  | $ | 293 |
Business acquired (sold) through |  |  |  |  |  |  |  |  |  |  |  |  |  |
reinsurance |  | - |  |  |  | - |  |  | (161 | ) |  |  | - |
Deferrals |  | 1,061 |  |  |  | 23 |  |  | 988 |  |  |  | 27 |
Amortization |  | (229 | ) |  |  | (28 | ) |  | (191 | ) |  |  | (29 | )
Balance as of end-of-year | $ | 4,766 |  |  | $ | 286 |  | $ | 3,934 |  |  | $ | 291 |

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
- Definition Reconcilation of DAC, VOBA and DSI [Table TextBlock]. + References No definition available. + Details
Name: | lnc_ReconcilationOfDacVobaAndDsiTableTextblock.
Namespace Prefix: | lnc_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Reconcilation of Deferred Front End Loads Disclosure [Table TextBlock]. + References No definition available. + Details
Name: | lnc_ReconcilationOfDeferredFrontEndLoadsDisclosureTableTextblock
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 Tabular disclosure of the movement in 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 -Section 50 -Paragraph 1 -URI https://asc.fasb.org/extlink&oid=35755530&loc=d3e11264-158415 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 944 -SubTopic 40 -Section 65 -Paragraph 2 -Subparagraph (g)(1) -URI https://asc.fasb.org/extlink&oid=124501264&loc=SL117420844-207641 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 944 -SubTopic 30 -Section 50 -Paragraph 2B -URI https://asc.fasb.org/extlink&oid=124505477&loc=SL117422543-158416 Reference 4: http://www.xbrl.org/2003/role/exampleRef -Publisher FASB -Name Accounting Standards Codification -Topic 944 -SubTopic 30 -Section 55 -Paragraph 2 -URI https://asc.fasb.org/extlink&oid=124504731&loc=d3e11522-158419 + Details
Name: | us-gaap_DeferredPolicyAcquisitionCostsTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of 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 20 -Section S99 -Paragraph 2 -URI https://asc.fasb.org/extlink&oid=122135039&loc=d3e569990-122904 + Details
Name: | us-gaap_PresentValueOfFutureInsuranceProfitsTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration