XML 100 R87.htm IDEA: XBRL DOCUMENT
v3.24.3

Policyholder Account Balances - Summary of Balances and Changes in Policyholder Account Balances (Details) - USD ($) $ in Millions | 3 Months Ended | 9 Months Ended
--- | --- | ---
Sep. 30, 2024 | Sep. 30, 2023 | Sep. 30, 2024 | Sep. 30, 2023
Policyholder Account Balance [Roll Forward] |  |  |  |
Balance as of beginning-of-year |  |  | $ 120,737 |
Interest credited | $ 880 | $ 831 | 2,555 | $ 2,424
Balance as of end-of-period | 125,968 |  | 125,968 |
Variable Annuities |  |  |  |
Policyholder Account Balance [Roll Forward] |  |  |  |
Balance as of beginning-of-year |  |  | 29,141 | 22,184
Gross deposits |  |  | 3,391 | 3,626
Withdrawals |  |  | (726) | (508)
Policyholder assessments |  |  | (1) | (1)
Net transfers from (to) separate account |  |  | (241) | (311)
Interest credited |  |  | 506 | 391
Change in fair value of embedded derivative instrument and other |  |  | 2,274 | 1,391
Balance as of end-of-period | $ 34,344 | $ 26,772 | $ 34,344 | $ 26,772
Weighted-average crediting rate | 2.10% | 2.10% | 2.10% | 2.10%
Net amount at risk | $ 1,544 | $ 6,235 | $ 1,544 | $ 6,235
Cash surrender value | 33,107 | 25,629 | 33,107 | 25,629
Fixed Annuities |  |  |  |
Policyholder Account Balance [Roll Forward] |  |  |  |
Balance as of beginning-of-year |  |  | 25,355 | 23,365
Gross deposits |  |  | 3,663 | 2,698
Withdrawals |  |  | (3,724) | (2,863)
Policyholder assessments |  |  | (45) | (41)
Net transfers from (to) separate account |  |  | 0 | 0
Interest credited |  |  | 593 | 470
Change in fair value of embedded derivative instrument and other |  |  | 517 | 52
Balance as of end-of-period | $ 26,359 | $ 23,681 | $ 26,359 | $ 23,681
Weighted-average crediting rate | 3.10% | 2.60% | 3.10% | 2.60%
Net amount at risk | $ 231 | $ 188 | $ 231 | $ 188
Cash surrender value | 25,236 | 22,779 | 25,236 | 22,779
UL and Other |  |  |  |
Policyholder Account Balance [Roll Forward] |  |  |  |
Balance as of beginning-of-year |  |  | 37,180 | 37,694
Gross deposits |  |  | 2,641 | 2,749
Withdrawals |  |  | (1,122) | (1,095)
Policyholder assessments |  |  | (3,383) | (3,373)
Net transfers from (to) separate account |  |  | 143 | 90
Interest credited |  |  | 1,109 | 1,114
Change in fair value of embedded derivative instrument and other |  |  | 124 | 38
Balance as of end-of-period | $ 36,692 | $ 37,217 | $ 36,692 | $ 37,217
Weighted-average crediting rate | 4.00% | 4.00% | 4.00% | 4.00%
Net amount at risk | $ 298,334 | $ 303,628 | $ 298,334 | $ 303,628
Cash surrender value | 32,982 | 33,741 | 32,982 | 33,741
Retirement Plan Services |  |  |  |
Policyholder Account Balance [Roll Forward] |  |  |  |
Balance as of beginning-of-year |  |  | 23,784 | 25,138
Gross deposits |  |  | 2,580 | 2,026
Withdrawals |  |  | (3,370) | (3,262)
Policyholder assessments |  |  | (10) | (10)
Net transfers from (to) separate account |  |  | 230 | (297)
Interest credited |  |  | 513 | 504
Change in fair value of embedded derivative instrument and other |  |  | 0 | 0
Balance as of end-of-period | $ 23,727 | $ 24,099 | $ 23,727 | $ 24,099
Weighted-average crediting rate | 2.90% | 2.70% | 2.90% | 2.70%
Net amount at risk | $ 3 | $ 9 | $ 3 | $ 9
Cash surrender value | $ 23,697 | $ 24,094 | $ 23,697 | $ 24,094

X
- Definition Amount of cash to be paid to policyholder upon termination and surrender of long-duration contract issued by insurance entity. + References Reference 1: http://www.xbrl.org/2003/role/exampleRef -Topic 944 -SubTopic 40 -Name Accounting Standards Codification -Section 55 -Paragraph 29F -Publisher FASB -URI https://asc.fasb.org//1943274/2147480046/944-40-55-29F Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 944 -SubTopic 40 -Name Accounting Standards Codification -Section 50 -Paragraph 7A -Subparagraph (b)(3) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480081/944-40-50-7A + Details
Name: | us-gaap_CashSurrenderValueDuePolicyholdersAmount
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition Amount of interest expense for allocation to policyholder account balance. + References Reference 1: http://www.xbrl.org/2003/role/exampleRef -Topic 944 -SubTopic 40 -Name Accounting Standards Codification -Section 55 -Paragraph 29F -Publisher FASB -URI https://asc.fasb.org//1943274/2147480046/944-40-55-29F Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 944 -SubTopic 20 -Name Accounting Standards Codification -Section 45 -Paragraph 2 -Subparagraph (c) -Publisher FASB -URI https://asc.fasb.org//1943274/2147479868/944-20-45-2 Reference 3: http://www.xbrl.org/2003/role/exampleRef -Topic 944 -SubTopic 40 -Name Accounting Standards Codification -Section 55 -Paragraph 13J -Subparagraph (g) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480046/944-40-55-13J Reference 4: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 944 -SubTopic 220 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.7-04(6)) -Publisher FASB -URI https://asc.fasb.org//1943274/2147483586/944-220-S99-1 Reference 5: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 944 -SubTopic 40 -Name Accounting Standards Codification -Section 50 -Paragraph 7A -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480081/944-40-50-7A + Details
Name: | us-gaap_InterestCreditedToPolicyholdersAccountBalances
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition Amount of increase (decrease) in liability for policyholder account balance from change, classified as other. + References Reference 1: http://www.xbrl.org/2003/role/exampleRef -Topic 944 -SubTopic 40 -Name Accounting Standards Codification -Section 55 -Paragraph 29F -Publisher FASB -URI https://asc.fasb.org//1943274/2147480046/944-40-55-29F Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 944 -SubTopic 40 -Name Accounting Standards Codification -Section 50 -Paragraph 7A -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480081/944-40-50-7A + Details
Name: | us-gaap_PolicyholderAccountBalanceIncreaseDecreaseFromOtherChange
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition Amount of guaranteed benefit in excess of current account balance of policyholder account balance. + References Reference 1: http://www.xbrl.org/2003/role/exampleRef -Topic 944 -SubTopic 40 -Name Accounting Standards Codification -Section 55 -Paragraph 29F -Publisher FASB -URI https://asc.fasb.org//1943274/2147480046/944-40-55-29F Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 944 -SubTopic 40 -Name Accounting Standards Codification -Section 50 -Paragraph 7A -Subparagraph (b)(2) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480081/944-40-50-7A + Details
Name: | us-gaap_PolicyholderAccountBalanceNetAmountAtRisk
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition Amount of decrease in liability for policyholder account balance from policy charge. + References Reference 1: http://www.xbrl.org/2003/role/exampleRef -Topic 944 -SubTopic 40 -Name Accounting Standards Codification -Section 55 -Paragraph 29F -Publisher FASB -URI https://asc.fasb.org//1943274/2147480046/944-40-55-29F Reference 2: http://www.xbrl.org/2003/role/exampleRef -Topic 944 -SubTopic 40 -Name Accounting Standards Codification -Section 55 -Paragraph 13J -Subparagraph (c) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480046/944-40-55-13J Reference 3: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 944 -SubTopic 40 -Name Accounting Standards Codification -Section 50 -Paragraph 7A -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480081/944-40-50-7A + Details
Name: | us-gaap_PolicyholderAccountBalancePolicyCharge
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition Amount of cash inflow to policyholder account balance from premium received. + References Reference 1: http://www.xbrl.org/2003/role/exampleRef -Topic 944 -SubTopic 40 -Name Accounting Standards Codification -Section 55 -Paragraph 29F -Publisher FASB -URI https://asc.fasb.org//1943274/2147480046/944-40-55-29F Reference 2: http://www.xbrl.org/2003/role/exampleRef -Topic 944 -SubTopic 40 -Name Accounting Standards Codification -Section 55 -Paragraph 13J -Subparagraph (b) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480046/944-40-55-13J Reference 3: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 944 -SubTopic 40 -Name Accounting Standards Codification -Section 50 -Paragraph 7A -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480081/944-40-50-7A + Details
Name: | us-gaap_PolicyholderAccountBalancePremiumReceived
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition A roll forward is a reconciliation of a concept from the beginning of a period to the end of a period. + References No definition available. + Details
Name: | us-gaap_PolicyholderAccountBalanceRollForward
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Weighted-average crediting rate for liability for policyholder account balance, calculated at a point in time. + References Reference 1: http://www.xbrl.org/2003/role/exampleRef -Topic 944 -SubTopic 40 -Name Accounting Standards Codification -Section 55 -Paragraph 29F -Publisher FASB -URI https://asc.fasb.org//1943274/2147480046/944-40-55-29F Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 944 -SubTopic 40 -Name Accounting Standards Codification -Section 50 -Paragraph 7A -Subparagraph (b)(1) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480081/944-40-50-7A + Details
Name: | us-gaap_PolicyholderAccountBalanceWeightedAverageCreditingRate
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:percentItemType
Balance Type: | na
Period Type: | instant

X
- Definition Amount of decrease in liability for policyholder account balance from withdrawal of funds. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 944 -SubTopic 40 -Name Accounting Standards Codification -Section 50 -Paragraph 7A -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480081/944-40-50-7A + Details
Name: | us-gaap_PolicyholderAccountBalanceWithdrawal
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition Amount due to policyholder. Includes, but is not limited to, unpaid policy dividend, retrospective refund, and undistributed earnings on participating business. Excludes future policy benefit and claim expense. + References Reference 1: http://www.xbrl.org/2003/role/exampleRef -Topic 944 -SubTopic 40 -Name Accounting Standards Codification -Section 55 -Paragraph 29F -Publisher FASB -URI https://asc.fasb.org//1943274/2147480046/944-40-55-29F Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 944 -SubTopic 40 -Name Accounting Standards Codification -Section 50 -Paragraph 7A -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480081/944-40-50-7A Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Topic 944 -SubTopic 40 -Name Accounting Standards Codification -Section 50 -Paragraph 7A -Subparagraph (d) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480081/944-40-50-7A Reference 4: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 944 -SubTopic 210 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.7-03(14)(a)) -Publisher FASB -URI https://asc.fasb.org//1943274/2147479440/944-210-S99-1 Reference 5: http://www.xbrl.org/2003/role/disclosureRef -Topic 944 -SubTopic 40 -Name Accounting Standards Codification -Section 50 -Paragraph 7A -Subparagraph (c) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480081/944-40-50-7A + Details
Name: | us-gaap_PolicyholderFunds
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition Amount of transfer to (from) liability for policyholder account balance (to) from liability for separate account. + References Reference 1: http://www.xbrl.org/2003/role/exampleRef -Topic 944 -SubTopic 80 -Name Accounting Standards Codification -Section 55 -Paragraph 18 -Publisher FASB -URI https://asc.fasb.org//1943274/2147480078/944-80-55-18 Reference 2: http://www.xbrl.org/2003/role/exampleRef -Topic 944 -SubTopic 40 -Name Accounting Standards Codification -Section 55 -Paragraph 29F -Publisher FASB -URI https://asc.fasb.org//1943274/2147480046/944-40-55-29F Reference 3: http://www.xbrl.org/2003/role/exampleRef -Topic 944 -SubTopic 40 -Name Accounting Standards Codification -Section 55 -Paragraph 13J -Subparagraph (f) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480046/944-40-55-13J Reference 4: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 944 -SubTopic 40 -Name Accounting Standards Codification -Section 50 -Paragraph 7A -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480081/944-40-50-7A Reference 5: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 944 -SubTopic 80 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480109/944-80-50-2 + Details
Name: | us-gaap_TransferToFromPolicyholderAccountBalanceToFromSeparateAccount
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Details
Name: | srt_ProductOrServiceAxis=us-gaap_VariableAnnuityMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | srt_ProductOrServiceAxis=us-gaap_FixedAnnuityMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | srt_ProductOrServiceAxis=lnc_ULAndOtherMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | srt_ProductOrServiceAxis=lnc_RetirementPlanServicesSegmentMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |