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Lincoln National (LNC) Annual Balance Sheets

Annual · GAAP · USD millions
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The balance sheet figures below highlight longer-term patterns in how Lincoln National finances operations and invests in assets.
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Annual Report, GAAP in USD millions
ITEM 		(Dec 31 2025)
(Dec 31 2024) (Dec 31 2023) (Dec 31 2022) (Dec 31 2021)
Assets
Deposit Assets33,690.00
Trading Securities, Debt TR1,676.00
Other Receivables1,122.00
Derivative Asset AS19,945.00
Loans, Gross, Insurance Policy LO2,626.00
Goodwill net1,144.00
Long-term investments8,105.00
Other longterm assets48,001.00
Separate Account Assets AS180,092.00
Total Assets417,204.00
Liabilities
Liability for Future Policy Benefits and Unpaid Claims and Claims Adjustment Expense LI42,077.00
Insurance Policy & Claims Liabilities42,077.00
Policyholder Funds136,245.00
Short-term Debt DE1400.00
Combined Long+Short Total Debt (filer-reported)5,866.00
Separate Accounts, Liability LI180,092.00
Other Liabilities 226,206.00
Long Term Debt And Fair Value Hedges5,866.00
Reinsurance Related Derivative Liabilities-
Funds Held Under Reinsurance Agreements Liability17,922.00
Total Liabilities406,298.00
Stockholders' Equity
Common Stock Value5,592.00
Retained Earnings / Accumulated Deficit8,386.00
Other Equity-3,565.00
Common Stockholder's Equity10,413.00
Preferred Stockholder's Equity493.00
Total Stockholder's Equity10,906.00
Liabilities & Stockholder's Equity417,204.00
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About Lincoln National Corp Annual Balance Sheet

What this statement shows

This page presents issuer-reported balance sheet data, detailing assets, liabilities, and stockholders equity as reported in SEC 10-K filings and standardized by CSIMarket. The balance sheet reflects the company's financial position at the end of each reporting period.

Source & verification

  • Form: 10-K (Period: 20251231)
  • Filed with the SEC: February 19, 2026
  • Source: lnc-20251231.htm

Last updated

  • Page updated:
  • Data lineage: SEC filings - XBRL extraction - balance-sheet normalization in the CSIMarket.com financial database.
  • Accession: 0000059558-26-000016

Balance sheet figures represent financial position at specific reporting dates and may be revised in subsequent filings.

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