XML 75 R62.htm IDEA: XBRL DOCUMENT
v3.24.3

Derivative Instruments - Outstanding Derivative Instruments With Off-Balance-Sheet Risks (Details) - USD ($) $ in Millions | Sep. 30, 2024 | Dec. 31, 2023
--- | --- | ---
Outstanding derivative instruments with off-balance-sheet risks |  |
Notional Amounts | $ 327,512 | $ 324,318
Gross amount of recognized assets | 17,275 | 12,436
Gross amount of recognized liabilities | 19,645 | 15,006
Interest rate contracts |  |
Outstanding derivative instruments with off-balance-sheet risks |  |
Notional Amounts | 71,410 |
Foreign currency contracts |  |
Outstanding derivative instruments with off-balance-sheet risks |  |
Notional Amounts | 5,200 |
Equity market contracts |  |
Outstanding derivative instruments with off-balance-sheet risks |  |
Notional Amounts | 250,790 |
Credit contracts |  |
Outstanding derivative instruments with off-balance-sheet risks |  |
Notional Amounts | 112 |
Qualifying Hedges | Cash flow hedges |  |
Outstanding derivative instruments with off-balance-sheet risks |  |
Notional Amounts | 6,175 | 6,360
Gross amount of recognized assets | 538 | 604
Gross amount of recognized liabilities | 88 | 125
Qualifying Hedges | Cash flow hedges | Interest rate contracts |  |
Outstanding derivative instruments with off-balance-sheet risks |  |
Notional Amounts | 1,345 | 1,698
Gross amount of recognized assets | 106 | 181
Gross amount of recognized liabilities | 5 | 47
Qualifying Hedges | Cash flow hedges | Foreign currency contracts |  |
Outstanding derivative instruments with off-balance-sheet risks |  |
Notional Amounts | 4,830 | 4,662
Gross amount of recognized assets | 432 | 423
Gross amount of recognized liabilities | 83 | 78
Qualifying Hedges | Fair value hedges |  |
Outstanding derivative instruments with off-balance-sheet risks |  |
Notional Amounts | 1,091 | 1,106
Gross amount of recognized assets | 1 | 1
Gross amount of recognized liabilities | 51 | 40
Qualifying Hedges | Fair value hedges | Interest rate contracts |  |
Outstanding derivative instruments with off-balance-sheet risks |  |
Notional Amounts | 1,066 | 1,081
Gross amount of recognized assets | 1 | 1
Gross amount of recognized liabilities | 50 | 39
Qualifying Hedges | Fair value hedges | Foreign currency contracts |  |
Outstanding derivative instruments with off-balance-sheet risks |  |
Notional Amounts | 25 | 25
Gross amount of recognized assets | 0 | 0
Gross amount of recognized liabilities | 1 | 1
Non-Qualifying Hedges | Interest rate contracts |  |
Outstanding derivative instruments with off-balance-sheet risks |  |
Notional Amounts | 68,999 | 90,829
Gross amount of recognized assets | 54 | 636
Gross amount of recognized liabilities | 230 | 979
Non-Qualifying Hedges | Foreign currency contracts |  |
Outstanding derivative instruments with off-balance-sheet risks |  |
Notional Amounts | 345 | 306
Gross amount of recognized assets | 11 | 11
Gross amount of recognized liabilities | 6 | 6
Non-Qualifying Hedges | Equity market contracts |  |
Outstanding derivative instruments with off-balance-sheet risks |  |
Notional Amounts | 250,790 | 225,626
Gross amount of recognized assets | 15,539 | 10,244
Gross amount of recognized liabilities | 6,332 | 4,227
Non-Qualifying Hedges | Credit contracts |  |
Outstanding derivative instruments with off-balance-sheet risks |  |
Notional Amounts | 112 | 91
Gross amount of recognized assets | 0 | 0
Gross amount of recognized liabilities | 0 | 0
Non-Qualifying Hedges | Reinsurance-related |  |
Outstanding derivative instruments with off-balance-sheet risks |  |
Notional Amounts | 0 | 0
Gross amount of recognized assets | 0 | 0
Gross amount of recognized liabilities | 668 | 552
Non-Qualifying Hedges | RILA, fixed indexed annuity and IUL contracts |  |
Outstanding derivative instruments with off-balance-sheet risks |  |
Notional Amounts | 0 | 0
Gross amount of recognized assets | 1,132 | 940
Gross amount of recognized liabilities | $ 12,270 | $ 9,077

X
- Definition Fair value, before effects of master netting arrangements, of a financial asset or other contract with one or more underlyings, notional amount or payment provision or both, and the contract can be net settled by means outside the contract or delivery of an asset. Includes assets elected not to be offset. Excludes assets not subject to a master netting arrangement. + References Reference 1: http://www.xbrl.org/2003/role/exampleRef -Topic 210 -SubTopic 20 -Name Accounting Standards Codification -Section 55 -Paragraph 22 -Publisher FASB -URI https://asc.fasb.org//1943274/2147483444/210-20-55-22 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 210 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 3 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org//1943274/2147483466/210-20-50-3 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 210 -SubTopic 20 -Name Accounting Standards Codification -Section 55 -Paragraph 7 -Publisher FASB -URI https://asc.fasb.org//1943274/2147483444/210-20-55-7 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 4B -Subparagraph (a),(c) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480434/815-10-50-4B Reference 5: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Section 50 -Paragraph 4D -Subparagraph (c)(2) -SubTopic 20 -Topic 860 -Publisher FASB -URI https://asc.fasb.org//1943274/2147481326/860-20-50-4D + Details
Name: | us-gaap_DerivativeFairValueOfDerivativeAsset
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant

X
- Definition Fair value, before effects of master netting arrangements, of a financial liability or contract with one or more underlyings, notional amount or payment provision or both, and the contract can be net settled by means outside the contract or delivery of an asset. Includes liabilities elected not to be offset. Excludes liabilities not subject to a master netting arrangement. + References Reference 1: http://www.xbrl.org/2003/role/exampleRef -Topic 210 -SubTopic 20 -Name Accounting Standards Codification -Section 55 -Paragraph 22 -Publisher FASB -URI https://asc.fasb.org//1943274/2147483444/210-20-55-22 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 210 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 3 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org//1943274/2147483466/210-20-50-3 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 210 -SubTopic 20 -Name Accounting Standards Codification -Section 55 -Paragraph 7 -Publisher FASB -URI https://asc.fasb.org//1943274/2147483444/210-20-55-7 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 4B -Subparagraph (a),(c) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480434/815-10-50-4B Reference 5: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Section 50 -Paragraph 4D -Subparagraph (c)(2) -SubTopic 20 -Topic 860 -Publisher FASB -URI https://asc.fasb.org//1943274/2147481326/860-20-50-4D + Details
Name: | us-gaap_DerivativeFairValueOfDerivativeLiability
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

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

X
- Definition Nominal or face amount used to calculate payment on derivative. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 815 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 1B -Publisher FASB -URI https://asc.fasb.org//1943274/2147480434/815-10-50-1B Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 815 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 1A -Subparagraph (d) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480434/815-10-50-1A + Details
Name: | us-gaap_DerivativeNotionalAmount
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | na
Period Type: | instant

X
- Details
Name: | us-gaap_DerivativeInstrumentRiskAxis=us-gaap_InterestRateContractMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_DerivativeInstrumentRiskAxis=us-gaap_ForeignExchangeContractMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_DerivativeInstrumentRiskAxis=us-gaap_EquityContractMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_DerivativeInstrumentRiskAxis=us-gaap_CreditRiskContractMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_HedgingDesignationAxis=us-gaap_DesignatedAsHedgingInstrumentMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_DerivativeInstrumentsGainLossByHedgingRelationshipAxis=us-gaap_CashFlowHedgingMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_DerivativeInstrumentsGainLossByHedgingRelationshipAxis=us-gaap_FairValueHedgingMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_HedgingDesignationAxis=us-gaap_NondesignatedMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_DerivativeInstrumentRiskAxis=lnc_ReinsuranceRelatedMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_DerivativeInstrumentRiskAxis=lnc_IndexedAnnuityContractsMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |