XML 117 R106.htm IDEA: XBRL DOCUMENT v3.25.3

Fair Value of Financial Instruments - Fair Value of Assets and Liabilities on a Recurring Basis (Details) - USD ($) $ in Millions	Sep. 30, 2025	Dec. 31, 2024
Fair Value Assets And Liabilities Measured On Recurring Basis [Line Items]
Assets	$ 296,727	$ 278,356
Liabilities	(23,836)	(18,301)
Corporate bonds
Fair Value Assets And Liabilities Measured On Recurring Basis [Line Items]
Assets	68,351	66,450
U.S. government bonds
Fair Value Assets And Liabilities Measured On Recurring Basis [Line Items]
Assets	619	391
State and municipal bonds
Fair Value Assets And Liabilities Measured On Recurring Basis [Line Items]
Assets	2,235	2,371
Foreign government bonds
Fair Value Assets And Liabilities Measured On Recurring Basis [Line Items]
Assets	244	237
RMBS
Fair Value Assets And Liabilities Measured On Recurring Basis [Line Items]
Assets	2,118	1,863
CMBS
Fair Value Assets And Liabilities Measured On Recurring Basis [Line Items]
Assets	2,150	1,665
ABS
Fair Value Assets And Liabilities Measured On Recurring Basis [Line Items]
Assets	14,706	13,880
Hybrid and redeemable preferred securities
Fair Value Assets And Liabilities Measured On Recurring Basis [Line Items]
Assets	257	254
Trading securities
Fair Value Assets And Liabilities Measured On Recurring Basis [Line Items]
Assets	1,853	2,025
Equity securities
Fair Value Assets And Liabilities Measured On Recurring Basis [Line Items]
Assets	542	294
Mortgage loans on real estate
Fair Value Assets And Liabilities Measured On Recurring Basis [Line Items]
Assets	230	232
Derivative investments
Fair Value Assets And Liabilities Measured On Recurring Basis [Line Items]
Assets	17,311	13,887
Other investments
Fair Value Assets And Liabilities Measured On Recurring Basis [Line Items]
Assets	222	392
MRB assets
Fair Value Assets And Liabilities Measured On Recurring Basis [Line Items]
Assets	4,694	4,860
Ceded MRBs
Fair Value Assets And Liabilities Measured On Recurring Basis [Line Items]
Assets	2	2
Liabilities	(349)	(381)
Indexed annuity ceded embedded derivatives
Fair Value Assets And Liabilities Measured On Recurring Basis [Line Items]
Assets	1,333	1,115
Separate account assets
Fair Value Assets And Liabilities Measured On Recurring Basis [Line Items]
Assets	179,860	168,438
RILA, fixed indexed annuity and IUL contracts
Fair Value Assets And Liabilities Measured On Recurring Basis [Line Items]
Liabilities	(14,918)	(12,449)
Reinsurance-related embedded derivatives
Fair Value Assets And Liabilities Measured On Recurring Basis [Line Items]
Liabilities	(354)	(30)
MRB liabilities
Fair Value Assets And Liabilities Measured On Recurring Basis [Line Items]
Liabilities	(1,190)	(1,046)
Derivative liabilities
Fair Value Assets And Liabilities Measured On Recurring Basis [Line Items]
Liabilities	(7,025)	(4,395)
Quoted Prices in Active Markets for Identical Assets (Level 1)
Fair Value Assets And Liabilities Measured On Recurring Basis [Line Items]
Assets	1,224	810
Liabilities	0	0
Quoted Prices in Active Markets for Identical Assets (Level 1) | Corporate bonds
Fair Value Assets And Liabilities Measured On Recurring Basis [Line Items]
Assets	0	0
Quoted Prices in Active Markets for Identical Assets (Level 1) | U.S. government bonds
Fair Value Assets And Liabilities Measured On Recurring Basis [Line Items]
Assets	599	371
Quoted Prices in Active Markets for Identical Assets (Level 1) | State and municipal bonds
Fair Value Assets And Liabilities Measured On Recurring Basis [Line Items]
Assets	0	0
Quoted Prices in Active Markets for Identical Assets (Level 1) | Foreign government bonds
Fair Value Assets And Liabilities Measured On Recurring Basis [Line Items]
Assets	0	0
Quoted Prices in Active Markets for Identical Assets (Level 1) | RMBS
Fair Value Assets And Liabilities Measured On Recurring Basis [Line Items]
Assets	0	0
Quoted Prices in Active Markets for Identical Assets (Level 1) | CMBS
Fair Value Assets And Liabilities Measured On Recurring Basis [Line Items]
Assets	0	0
Quoted Prices in Active Markets for Identical Assets (Level 1) | ABS
Fair Value Assets And Liabilities Measured On Recurring Basis [Line Items]
Assets	0	0
Quoted Prices in Active Markets for Identical Assets (Level 1) | Hybrid and redeemable preferred securities
Fair Value Assets And Liabilities Measured On Recurring Basis [Line Items]
Assets	35	48
Quoted Prices in Active Markets for Identical Assets (Level 1) | Trading securities
Fair Value Assets And Liabilities Measured On Recurring Basis [Line Items]
Assets	0	0
Quoted Prices in Active Markets for Identical Assets (Level 1) | Equity securities
Fair Value Assets And Liabilities Measured On Recurring Basis [Line Items]
Assets	205	0
Quoted Prices in Active Markets for Identical Assets (Level 1) | Mortgage loans on real estate
Fair Value Assets And Liabilities Measured On Recurring Basis [Line Items]
Assets	0	0
Quoted Prices in Active Markets for Identical Assets (Level 1) | Derivative investments
Fair Value Assets And Liabilities Measured On Recurring Basis [Line Items]
Assets	0	0
Quoted Prices in Active Markets for Identical Assets (Level 1) | Other investments
Fair Value Assets And Liabilities Measured On Recurring Basis [Line Items]
Assets	0	0
Quoted Prices in Active Markets for Identical Assets (Level 1) | MRB assets
Fair Value Assets And Liabilities Measured On Recurring Basis [Line Items]
Assets	0	0
Quoted Prices in Active Markets for Identical Assets (Level 1) | Ceded MRBs
Fair Value Assets And Liabilities Measured On Recurring Basis [Line Items]
Assets	0	0
Liabilities	0	0
Quoted Prices in Active Markets for Identical Assets (Level 1) | Indexed annuity ceded embedded derivatives
Fair Value Assets And Liabilities Measured On Recurring Basis [Line Items]
Assets	0	0
Quoted Prices in Active Markets for Identical Assets (Level 1) | Separate account assets
Fair Value Assets And Liabilities Measured On Recurring Basis [Line Items]
Assets	385	391
Quoted Prices in Active Markets for Identical Assets (Level 1) | RILA, fixed indexed annuity and IUL contracts
Fair Value Assets And Liabilities Measured On Recurring Basis [Line Items]
Liabilities	0	0
Quoted Prices in Active Markets for Identical Assets (Level 1) | Reinsurance-related embedded derivatives
Fair Value Assets And Liabilities Measured On Recurring Basis [Line Items]
Liabilities	0	0
Quoted Prices in Active Markets for Identical Assets (Level 1) | MRB liabilities
Fair Value Assets And Liabilities Measured On Recurring Basis [Line Items]
Liabilities	0	0
Quoted Prices in Active Markets for Identical Assets (Level 1) | Derivative liabilities
Fair Value Assets And Liabilities Measured On Recurring Basis [Line Items]
Liabilities	0	0
Significant Observable Inputs (Level 2)
Fair Value Assets And Liabilities Measured On Recurring Basis [Line Items]
Assets	282,068	265,955
Liabilities	(6,735)	(4,052)
Significant Observable Inputs (Level 2) | Corporate bonds
Fair Value Assets And Liabilities Measured On Recurring Basis [Line Items]
Assets	65,158	63,585
Significant Observable Inputs (Level 2) | U.S. government bonds
Fair Value Assets And Liabilities Measured On Recurring Basis [Line Items]
Assets	20	20
Significant Observable Inputs (Level 2) | State and municipal bonds
Fair Value Assets And Liabilities Measured On Recurring Basis [Line Items]
Assets	2,235	2,371
Significant Observable Inputs (Level 2) | Foreign government bonds
Fair Value Assets And Liabilities Measured On Recurring Basis [Line Items]
Assets	244	237
Significant Observable Inputs (Level 2) | RMBS
Fair Value Assets And Liabilities Measured On Recurring Basis [Line Items]
Assets	2,106	1,851
Significant Observable Inputs (Level 2) | CMBS
Fair Value Assets And Liabilities Measured On Recurring Basis [Line Items]
Assets	2,089	1,657
Significant Observable Inputs (Level 2) | ABS
Fair Value Assets And Liabilities Measured On Recurring Basis [Line Items]
Assets	11,317	11,781
Significant Observable Inputs (Level 2) | Hybrid and redeemable preferred securities
Fair Value Assets And Liabilities Measured On Recurring Basis [Line Items]
Assets	130	133
Significant Observable Inputs (Level 2) | Trading securities
Fair Value Assets And Liabilities Measured On Recurring Basis [Line Items]
Assets	1,550	1,760
Significant Observable Inputs (Level 2) | Equity securities
Fair Value Assets And Liabilities Measured On Recurring Basis [Line Items]
Assets	251	260
Significant Observable Inputs (Level 2) | Mortgage loans on real estate
Fair Value Assets And Liabilities Measured On Recurring Basis [Line Items]
Assets	0	0
Significant Observable Inputs (Level 2) | Derivative investments
Fair Value Assets And Liabilities Measured On Recurring Basis [Line Items]
Assets	17,279	13,884
Significant Observable Inputs (Level 2) | Other investments
Fair Value Assets And Liabilities Measured On Recurring Basis [Line Items]
Assets	214	369
Significant Observable Inputs (Level 2) | MRB assets
Fair Value Assets And Liabilities Measured On Recurring Basis [Line Items]
Assets	0	0
Significant Observable Inputs (Level 2) | Ceded MRBs
Fair Value Assets And Liabilities Measured On Recurring Basis [Line Items]
Assets	0	0
Liabilities	0	0
Significant Observable Inputs (Level 2) | Indexed annuity ceded embedded derivatives
Fair Value Assets And Liabilities Measured On Recurring Basis [Line Items]
Assets	0	0
Significant Observable Inputs (Level 2) | Separate account assets
Fair Value Assets And Liabilities Measured On Recurring Basis [Line Items]
Assets	179,475	168,047
Significant Observable Inputs (Level 2) | RILA, fixed indexed annuity and IUL contracts
Fair Value Assets And Liabilities Measured On Recurring Basis [Line Items]
Liabilities	0	0
Significant Observable Inputs (Level 2) | Reinsurance-related embedded derivatives
Fair Value Assets And Liabilities Measured On Recurring Basis [Line Items]
Liabilities	147	204
Significant Observable Inputs (Level 2) | MRB liabilities
Fair Value Assets And Liabilities Measured On Recurring Basis [Line Items]
Liabilities	0	0
Significant Observable Inputs (Level 2) | Derivative liabilities
Fair Value Assets And Liabilities Measured On Recurring Basis [Line Items]
Liabilities	(6,882)	(4,256)
Significant Unobservable Inputs (Level 3)
Fair Value Assets And Liabilities Measured On Recurring Basis [Line Items]
Assets	13,435	11,591
Liabilities	(17,101)	(14,249)
Significant Unobservable Inputs (Level 3) | Corporate bonds
Fair Value Assets And Liabilities Measured On Recurring Basis [Line Items]
Assets	3,193	2,865
Significant Unobservable Inputs (Level 3) | U.S. government bonds
Fair Value Assets And Liabilities Measured On Recurring Basis [Line Items]
Assets	0	0
Significant Unobservable Inputs (Level 3) | State and municipal bonds
Fair Value Assets And Liabilities Measured On Recurring Basis [Line Items]
Assets	0	0
Significant Unobservable Inputs (Level 3) | Foreign government bonds
Fair Value Assets And Liabilities Measured On Recurring Basis [Line Items]
Assets	0	0
Significant Unobservable Inputs (Level 3) | RMBS
Fair Value Assets And Liabilities Measured On Recurring Basis [Line Items]
Assets	12	12
Significant Unobservable Inputs (Level 3) | CMBS
Fair Value Assets And Liabilities Measured On Recurring Basis [Line Items]
Assets	61	8
Significant Unobservable Inputs (Level 3) | ABS
Fair Value Assets And Liabilities Measured On Recurring Basis [Line Items]
Assets	3,389	2,099
Significant Unobservable Inputs (Level 3) | Hybrid and redeemable preferred securities
Fair Value Assets And Liabilities Measured On Recurring Basis [Line Items]
Assets	92	73
Significant Unobservable Inputs (Level 3) | Trading securities
Fair Value Assets And Liabilities Measured On Recurring Basis [Line Items]
Assets	303	265
Significant Unobservable Inputs (Level 3) | Equity securities
Fair Value Assets And Liabilities Measured On Recurring Basis [Line Items]
Assets	86	34
Significant Unobservable Inputs (Level 3) | Mortgage loans on real estate
Fair Value Assets And Liabilities Measured On Recurring Basis [Line Items]
Assets	230	232
Significant Unobservable Inputs (Level 3) | Derivative investments
Fair Value Assets And Liabilities Measured On Recurring Basis [Line Items]
Assets	32	3
Significant Unobservable Inputs (Level 3) | Other investments
Fair Value Assets And Liabilities Measured On Recurring Basis [Line Items]
Assets	8	23
Significant Unobservable Inputs (Level 3) | MRB assets
Fair Value Assets And Liabilities Measured On Recurring Basis [Line Items]
Assets	4,694	4,860
Significant Unobservable Inputs (Level 3) | Ceded MRBs
Fair Value Assets And Liabilities Measured On Recurring Basis [Line Items]
Assets	2	2
Liabilities	(349)	(381)
Significant Unobservable Inputs (Level 3) | Indexed annuity ceded embedded derivatives
Fair Value Assets And Liabilities Measured On Recurring Basis [Line Items]
Assets	1,333	1,115
Significant Unobservable Inputs (Level 3) | Separate account assets
Fair Value Assets And Liabilities Measured On Recurring Basis [Line Items]
Assets	0	0
Significant Unobservable Inputs (Level 3) | RILA, fixed indexed annuity and IUL contracts
Fair Value Assets And Liabilities Measured On Recurring Basis [Line Items]
Liabilities	(14,918)	(12,449)
Significant Unobservable Inputs (Level 3) | Reinsurance-related embedded derivatives
Fair Value Assets And Liabilities Measured On Recurring Basis [Line Items]
Liabilities	(501)	(234)
Significant Unobservable Inputs (Level 3) | MRB liabilities
Fair Value Assets And Liabilities Measured On Recurring Basis [Line Items]
Liabilities	(1,190)	(1,046)
Significant Unobservable Inputs (Level 3) | Derivative liabilities
Fair Value Assets And Liabilities Measured On Recurring Basis [Line Items]
Liabilities	$ (143)	$ (139)

X

- Definition

Fair Value Assets And Liabilities Measured On Recurring Basis [Line Items]

+ References

No definition available.

+ Details

Name:	lnc_FairValueAssetsAndLiabilitiesMeasuredOnRecurringBasisLineItems
Namespace Prefix:	lnc_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Fair value portion of asset recognized for present right to economic benefit.

+ References

Reference 1: http://www.xbrl.org/2003/role/exampleRef
-Topic 820
-SubTopic 10
-Name Accounting Standards Codification
-Section 55
-Paragraph 100
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482078/820-10-55-100

Reference 2: http://www.xbrl.org/2003/role/disclosureRef
-Topic 820
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Subparagraph (b)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482106/820-10-50-2

Reference 3: http://www.xbrl.org/2003/role/disclosureRef
-Topic 820
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482106/820-10-50-2

+ Details

Name:	us-gaap_AssetsFairValueDisclosure
Namespace Prefix:	us-gaap_
Data Type:	xbrli:monetaryItemType
Balance Type:	debit
Period Type:	instant

X

- Definition

Fair value of financial and nonfinancial obligations.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 820
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482106/820-10-50-2

Reference 2: http://www.xbrl.org/2003/role/disclosureRef
-Topic 820
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Subparagraph (b)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482106/820-10-50-2

+ Details

Name:	us-gaap_LiabilitiesFairValueDisclosure
Namespace Prefix:	us-gaap_
Data Type:	xbrli:monetaryItemType
Balance Type:	credit
Period Type:	instant

X

- Details

Name:	us-gaap_FinancialInstrumentAxis=us-gaap_CorporateBondSecuritiesMember
Namespace Prefix:
Data Type:	na
Balance Type:
Period Type:

X

- Details

Name:	us-gaap_FinancialInstrumentAxis=us-gaap_USGovernmentDebtSecuritiesMember
Namespace Prefix:
Data Type:	na
Balance Type:
Period Type:

X

- Details

Name:	us-gaap_FinancialInstrumentAxis=us-gaap_USStatesAndPoliticalSubdivisionsMember
Namespace Prefix:
Data Type:	na
Balance Type:
Period Type:

X

- Details

Name:	us-gaap_FinancialInstrumentAxis=us-gaap_ForeignGovernmentDebtSecuritiesMember
Namespace Prefix:
Data Type:	na
Balance Type:
Period Type:

X

- Details

Name:	us-gaap_FinancialInstrumentAxis=us-gaap_ResidentialMortgageBackedSecuritiesMember
Namespace Prefix:
Data Type:	na
Balance Type:
Period Type:

X

- Details

Name:	us-gaap_FinancialInstrumentAxis=us-gaap_CommercialMortgageBackedSecuritiesMember
Namespace Prefix:
Data Type:	na
Balance Type:
Period Type:

X

- Details

Name:	us-gaap_FinancialInstrumentAxis=us-gaap_AssetBackedSecuritiesMember
Namespace Prefix:
Data Type:	na
Balance Type:
Period Type:

X

- Details

Name:	us-gaap_FinancialInstrumentAxis=lnc_HybridAndRedeemablePreferredSecuritiesMember
Namespace Prefix:
Data Type:	na
Balance Type:
Period Type:

X

- Details

Name:	us-gaap_FinancialInstrumentAxis=us-gaap_TradingAssetsExcludingDebtAndEquitySecuritiesMember
Namespace Prefix:
Data Type:	na
Balance Type:
Period Type:

X

- Details

Name:	us-gaap_FinancialInstrumentAxis=us-gaap_EquitySecuritiesMember
Namespace Prefix:
Data Type:	na
Balance Type:
Period Type:

X

- Details

Name:	us-gaap_FinancialInstrumentAxis=lnc_MortgageLoansOnRealEstateMember
Namespace Prefix:
Data Type:	na
Balance Type:
Period Type:

X

- Details

Name:	us-gaap_FinancialInstrumentAxis=us-gaap_DerivativeFinancialInstrumentsAssetsMember
Namespace Prefix:
Data Type:	na
Balance Type:
Period Type:

X

- Details

Name:	us-gaap_FinancialInstrumentAxis=us-gaap_OtherInvestmentsMember
Namespace Prefix:
Data Type:	na
Balance Type:
Period Type:

X

- Details

Name:	us-gaap_FinancialInstrumentAxis=lnc_MRBAssetsMember
Namespace Prefix:
Data Type:	na
Balance Type:
Period Type:

X

- Details

Name:	us-gaap_FinancialInstrumentAxis=lnc_CededMRBsMember
Namespace Prefix:
Data Type:	na
Balance Type:
Period Type:

X

- Details

Name:	us-gaap_FinancialInstrumentAxis=lnc_IndexedAnnuityCededEmbeddedDerivativesMember
Namespace Prefix:
Data Type:	na
Balance Type:
Period Type:

X

- Details

Name:	us-gaap_FinancialInstrumentAxis=lnc_SeperateAccountAssetsMember
Namespace Prefix:
Data Type:	na
Balance Type:
Period Type:

X

- Details

Name:	us-gaap_FinancialInstrumentAxis=lnc_IndexedAnnuityContractsMember
Namespace Prefix:
Data Type:	na
Balance Type:
Period Type:

X

- Details

Name:	us-gaap_FinancialInstrumentAxis=lnc_ReinsuranceRelatedEmbeddedDerivativesMember
Namespace Prefix:
Data Type:	na
Balance Type:
Period Type:

X

- Details

Name:	us-gaap_FinancialInstrumentAxis=lnc_MRBLiabilitiesMember
Namespace Prefix:
Data Type:	na
Balance Type:
Period Type:

X

- Details

Name:	us-gaap_FinancialInstrumentAxis=us-gaap_DerivativeFinancialInstrumentsLiabilitiesMember
Namespace Prefix:
Data Type:	na
Balance Type:
Period Type:

X

- Details

Name:	us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel1Member
Namespace Prefix:
Data Type:	na
Balance Type:
Period Type:

X

- Details

Name:	us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel2Member
Namespace Prefix:
Data Type:	na
Balance Type:
Period Type:

X

- Details

Name:	us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member
Namespace Prefix:
Data Type:	na
Balance Type:
Period Type: