XML 82 R65.htm IDEA: XBRL DOCUMENT
v3.25.1

Derivative Instruments - Effects of Qualifying and Non-Qualifying Hedges (Details) - USD ($) $ in Millions | 3 Months Ended
--- | ---
Mar. 31, 2025 | Mar. 31, 2024
Derivative Instruments, Gain (Loss) [Line Items] |  |
Realized gain (loss) | $ 11 | $ (434)
Net investment income | 1,457 | 1,346
Interest and debt expense | 80 | 81
Qualifying Hedges |  |
Derivative Instruments, Gain (Loss) [Line Items] |  |
Realized gain (loss) | 11 | (434)
Net investment income | 1,457 | 1,346
Interest and debt expense | 80 | 81
Realized Gain (Loss) | Qualifying Hedges |  |
Derivative Instruments, Gain (Loss) [Line Items] |  |
Interest rate contracts, amount of gain or (loss) reclassified from AOCI into income | 0 | 0
Foreign currency contracts, amount of gain or (loss) reclassified from AOCI into income | 3 | 0
Realized Gain (Loss) | Interest rate contracts | Non-Qualifying Hedges |  |
Derivative Instruments, Gain (Loss) [Line Items] |  |
Non-Qualifying Hedges | 82 | (163)
Realized Gain (Loss) | Foreign currency contracts | Non-Qualifying Hedges |  |
Derivative Instruments, Gain (Loss) [Line Items] |  |
Non-Qualifying Hedges | (1) | 0
Realized Gain (Loss) | Equity market contracts | Non-Qualifying Hedges |  |
Derivative Instruments, Gain (Loss) [Line Items] |  |
Non-Qualifying Hedges | (1,143) | 2,134
Realized Gain (Loss) | Credit contracts | Non-Qualifying Hedges |  |
Derivative Instruments, Gain (Loss) [Line Items] |  |
Non-Qualifying Hedges | 1 | 0
Realized Gain (Loss) | Reinsurance-related | Non-Qualifying Hedges |  |
Derivative Instruments, Gain (Loss) [Line Items] |  |
Non-Qualifying Hedges | (108) | 197
Realized Gain (Loss) | RILA, fixed indexed annuity and IUL contracts | Non-Qualifying Hedges |  |
Derivative Instruments, Gain (Loss) [Line Items] |  |
Non-Qualifying Hedges | 1,654 | (1,642)
Net Investment Income | Qualifying Hedges |  |
Derivative Instruments, Gain (Loss) [Line Items] |  |
Interest rate contracts, amount of gain or (loss) reclassified from AOCI into income | 0 | 0
Foreign currency contracts, amount of gain or (loss) reclassified from AOCI into income | 15 | 15
Net Investment Income | Interest rate contracts | Qualifying Hedges |  |
Derivative Instruments, Gain (Loss) [Line Items] |  |
Hedged items | 11 | (18)
Derivatives designated as hedging instruments | (11) | 18
Net Investment Income | Interest rate contracts | Non-Qualifying Hedges |  |
Derivative Instruments, Gain (Loss) [Line Items] |  |
Non-Qualifying Hedges | 0 | 0
Net Investment Income | Foreign currency contracts | Qualifying Hedges |  |
Derivative Instruments, Gain (Loss) [Line Items] |  |
Hedged items | 1 | (1)
Derivatives designated as hedging instruments | (1) | 1
Net Investment Income | Foreign currency contracts | Non-Qualifying Hedges |  |
Derivative Instruments, Gain (Loss) [Line Items] |  |
Non-Qualifying Hedges | 0 | 0
Net Investment Income | Equity market contracts | Non-Qualifying Hedges |  |
Derivative Instruments, Gain (Loss) [Line Items] |  |
Non-Qualifying Hedges | 0 | 0
Net Investment Income | Credit contracts | Non-Qualifying Hedges |  |
Derivative Instruments, Gain (Loss) [Line Items] |  |
Non-Qualifying Hedges | 0 | 0
Net Investment Income | Reinsurance-related | Non-Qualifying Hedges |  |
Derivative Instruments, Gain (Loss) [Line Items] |  |
Non-Qualifying Hedges | 0 | 0
Net Investment Income | RILA, fixed indexed annuity and IUL contracts | Non-Qualifying Hedges |  |
Derivative Instruments, Gain (Loss) [Line Items] |  |
Non-Qualifying Hedges | 0 | 0
Interest and Debt Expense | Qualifying Hedges |  |
Derivative Instruments, Gain (Loss) [Line Items] |  |
Interest rate contracts, amount of gain or (loss) reclassified from AOCI into income | 3 | 9
Foreign currency contracts, amount of gain or (loss) reclassified from AOCI into income | 0 | 0
Interest and Debt Expense | Interest rate contracts | Qualifying Hedges |  |
Derivative Instruments, Gain (Loss) [Line Items] |  |
Hedged items | (15) | 17
Derivatives designated as hedging instruments | 15 | (17)
Interest and Debt Expense | Interest rate contracts | Non-Qualifying Hedges |  |
Derivative Instruments, Gain (Loss) [Line Items] |  |
Non-Qualifying Hedges | 0 | 0
Interest and Debt Expense | Foreign currency contracts | Qualifying Hedges |  |
Derivative Instruments, Gain (Loss) [Line Items] |  |
Hedged items | 0 | 0
Derivatives designated as hedging instruments | 0 | 0
Interest and Debt Expense | Foreign currency contracts | Non-Qualifying Hedges |  |
Derivative Instruments, Gain (Loss) [Line Items] |  |
Non-Qualifying Hedges | 0 | 0
Interest and Debt Expense | Equity market contracts | Non-Qualifying Hedges |  |
Derivative Instruments, Gain (Loss) [Line Items] |  |
Non-Qualifying Hedges | 0 | 0
Interest and Debt Expense | Credit contracts | Non-Qualifying Hedges |  |
Derivative Instruments, Gain (Loss) [Line Items] |  |
Non-Qualifying Hedges | 0 | 0
Interest and Debt Expense | Reinsurance-related | Non-Qualifying Hedges |  |
Derivative Instruments, Gain (Loss) [Line Items] |  |
Non-Qualifying Hedges | 0 | 0
Interest and Debt Expense | RILA, fixed indexed annuity and IUL contracts | Non-Qualifying Hedges |  |
Derivative Instruments, Gain (Loss) [Line Items] |  |
Non-Qualifying Hedges | $ 0 | $ 0

X
- Definition Amount of gain (loss) from the increase (decrease) in fair value of derivative and nonderivative instruments designated as fair value hedging instruments recognized in the income statement. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 815 -SubTopic 25 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (a)(1) -Publisher FASB -URI https://asc.fasb.org/1943274/2147480238/815-25-50-1 + Details
Name: | us-gaap_ChangeInUnrealizedGainLossOnFairValueHedgingInstruments1
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition Amount of the increase (decrease) in fair value of the hedged item in a fair value hedge recognized in the income statement. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 815 -SubTopic 25 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (a)(1) -Publisher FASB -URI https://asc.fasb.org/1943274/2147480238/815-25-50-1 + Details
Name: | us-gaap_ChangeInUnrealizedGainLossOnHedgedItemInFairValueHedge1
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition Amount of realized gain (loss) on investment in debt and equity securities. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 220 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 2 -Subparagraph (SX 210.5-03(9)(a)) -Publisher FASB -URI https://asc.fasb.org/1943274/2147483621/220-10-S99-2 Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 220 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 2 -Subparagraph (SX 210.5-03(7)(c)) -Publisher FASB -URI https://asc.fasb.org/1943274/2147483621/220-10-S99-2 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Topic 946 -SubTopic 320 -Name Accounting Standards Codification -Section S99 -Paragraph 6 -Subparagraph (SX 210.12-14(Column C)(Footnote 4)) -Publisher FASB -URI https://asc.fasb.org/1943274/2147477271/946-320-S99-6 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Topic 946 -SubTopic 320 -Name Accounting Standards Codification -Section S99 -Paragraph 6 -Subparagraph (SX 210.12-14(Column C)(Footnote 6)(e)) -Publisher FASB -URI https://asc.fasb.org/1943274/2147477271/946-320-S99-6 Reference 5: http://www.xbrl.org/2003/role/disclosureRef -Topic 946 -SubTopic 320 -Name Accounting Standards Codification -Section S99 -Paragraph 6 -Subparagraph (SX 210.12-14(Column C)) -Publisher FASB -URI https://asc.fasb.org/1943274/2147477271/946-320-S99-6 Reference 6: http://www.xbrl.org/2003/role/disclosureRef -Topic 946 -SubTopic 220 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.6-07(7)(a)(1)) -Publisher FASB -URI https://asc.fasb.org/1943274/2147479134/946-220-S99-1 Reference 7: http://www.xbrl.org/2003/role/disclosureRef -Topic 946 -SubTopic 220 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.6-07(7)(a)(2)) -Publisher FASB -URI https://asc.fasb.org/1943274/2147479134/946-220-S99-1 + Details
Name: | us-gaap_DebtAndEquitySecuritiesRealizedGainLoss
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 815 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 4E -Publisher FASB -URI https://asc.fasb.org/1943274/2147480434/815-10-50-4E + Details
Name: | us-gaap_DerivativeInstrumentsGainLossLineItems
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Amount of realized and unrealized gain (loss) of derivative instruments not designated or qualifying as hedging instruments. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 4C -Subparagraph (e) -Publisher FASB -URI https://asc.fasb.org/1943274/2147480434/815-10-50-4C Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Name Accounting Standards Codification -Section 50 -Paragraph 4CC -SubTopic 10 -Topic 815 -Publisher FASB -URI https://asc.fasb.org/1943274/2147480434/815-10-50-4CC + Details
Name: | us-gaap_DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition The amount of net gains or losses on foreign currency cash flow hedges reclassified during the period to earnings from accumulated other comprehensive income upon the hedged transaction affecting earnings. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 815 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 4C -Subparagraph (c) -Publisher FASB -URI https://asc.fasb.org/1943274/2147480434/815-10-50-4C + Details
Name: | us-gaap_ForeignCurrencyCashFlowHedgeGainLossReclassifiedToEarningsNet
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition Amount of the cost of borrowed funds accounted for as interest expense for debt. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 220 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 2 -Subparagraph (SX 210.5-03(8)) -Publisher FASB -URI https://asc.fasb.org/1943274/2147483621/220-10-S99-2 Reference 2: http://www.xbrl.org/2003/role/exampleRef -Topic 470 -SubTopic 20 -Name Accounting Standards Codification -Section 55 -Paragraph 69E -Publisher FASB -URI https://asc.fasb.org/1943274/2147481568/470-20-55-69E Reference 3: http://www.xbrl.org/2003/role/exampleRef -Topic 470 -SubTopic 20 -Name Accounting Standards Codification -Section 55 -Paragraph 69F -Publisher FASB -URI https://asc.fasb.org/1943274/2147481568/470-20-55-69F Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Topic 470 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 1F -Subparagraph (b) -Publisher FASB -URI https://asc.fasb.org/1943274/2147481139/470-20-50-1F Reference 5: http://www.xbrl.org/2003/role/disclosureRef -Topic 470 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 6 -Subparagraph (b) -Publisher FASB -URI https://asc.fasb.org/1943274/2147481139/470-20-50-6 + Details
Name: | us-gaap_InterestExpenseDebt
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition The amount of net gains or losses on interest rate cash flow hedges reclassified during the period to earnings from accumulated other comprehensive income upon the hedged transaction affecting earnings. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 815 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 4C -Subparagraph (c) -Publisher FASB -URI https://asc.fasb.org/1943274/2147480434/815-10-50-4C + Details
Name: | us-gaap_InterestRateCashFlowHedgeGainLossReclassifiedToEarningsNet
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition Amount, after investment expense, of income earned from investments in securities and real estate. Includes, but is not limited to, real estate investment, policy loans, dividends, and interest. Excludes realized gain (loss) on investments. + References Reference 1: http://www.xbrl.org/2003/role/exampleRef -Topic 946 -SubTopic 830 -Name Accounting Standards Codification -Section 55 -Paragraph 10 -Publisher FASB -URI https://asc.fasb.org/1943274/2147479168/946-830-55-10 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 944 -SubTopic 220 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.7-04(2)(d)) -Publisher FASB -URI https://asc.fasb.org/1943274/2147477250/944-220-S99-1 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Topic 946 -SubTopic 220 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.6-07(4)) -Publisher FASB -URI https://asc.fasb.org/1943274/2147479134/946-220-S99-1 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Topic 944 -SubTopic 220 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.7-04(2)) -Publisher FASB -URI https://asc.fasb.org/1943274/2147477250/944-220-S99-1 Reference 5: http://www.xbrl.org/2003/role/disclosureRef -Name Accounting Standards Codification -Section 45 -Paragraph 5 -SubTopic 220 -Topic 946 -Publisher FASB -URI https://asc.fasb.org/1943274/2147479105/946-220-45-5 + Details
Name: | us-gaap_NetInvestmentIncome
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

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

X
- Details
Name: | us-gaap_IncomeStatementLocationAxis=lnc_DebtAndEquitySecuritiesRealizedGainLossMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_DerivativeInstrumentRiskAxis=us-gaap_InterestRateContractMember
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=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_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: |

X
- Details
Name: | us-gaap_IncomeStatementLocationAxis=lnc_NetInvestmentIncomeMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_IncomeStatementLocationAxis=us-gaap_InterestExpenseMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |