XML 59 R2.htm IDEA: XBRL DOCUMENT v2.4.1.9
Consolidated Balance Sheets (USD $)
In Millions, unless otherwise specified
Mar. 31, 2015
Dec. 31, 2014
Available-for-sale securities, at fair value:    
Fixed maturity securities (amortized cost: 2015 - $80,230; 2014 - $78,609) $ 88,813us-gaap_AvailableForSaleSecuritiesDebtSecurities $ 86,240us-gaap_AvailableForSaleSecuritiesDebtSecurities
Variable interest entities' fixed maturity securities (amortized cost: 2015 - $588; 2014 - $587) 598lnc_VariableInterestEntitiesFixedMaturitySecurities 598lnc_VariableInterestEntitiesFixedMaturitySecurities
Equity securities (cost: 2015 - $192; 2014 - $216) 210us-gaap_AvailableForSaleSecuritiesEquitySecurities 231us-gaap_AvailableForSaleSecuritiesEquitySecurities
Trading securities 2,077us-gaap_TradingSecurities 2,065us-gaap_TradingSecurities
Mortgage loans on real estate 7,654us-gaap_MortgageLoansOnRealEstateCommercialAndConsumerNet 7,574us-gaap_MortgageLoansOnRealEstateCommercialAndConsumerNet
Real estate 19us-gaap_RealEstateInvestments 20us-gaap_RealEstateInvestments
Policy loans 2,664us-gaap_LoansInsurancePolicy 2,670us-gaap_LoansInsurancePolicy
Derivative investments 2,095us-gaap_DerivativeAssets 1,860us-gaap_DerivativeAssets
Other investments 1,885us-gaap_OtherInvestments 1,709us-gaap_OtherInvestments
Total investments 106,015us-gaap_Investments 102,967us-gaap_Investments
Cash and invested cash 3,487us-gaap_CashAndCashEquivalentsAtCarryingValue 3,919us-gaap_CashAndCashEquivalentsAtCarryingValue
Deferred acquisition costs and value of business acquired 8,156us-gaap_DeferredPolicyAcquisitionCostsAndValueOfBusinessAcquired 8,207us-gaap_DeferredPolicyAcquisitionCostsAndValueOfBusinessAcquired
Premiums and fees receivable 452us-gaap_PremiumsAndOtherReceivablesNet 473us-gaap_PremiumsAndOtherReceivablesNet
Accrued investment income 1,129us-gaap_AccruedInvestmentIncomeReceivable 1,049us-gaap_AccruedInvestmentIncomeReceivable
Reinsurance recoverables 5,598us-gaap_ReinsuranceRecoverables 5,730us-gaap_ReinsuranceRecoverables
Funds withheld reinsurance assets 646us-gaap_FundsHeldUnderReinsuranceAgreementsAsset 649us-gaap_FundsHeldUnderReinsuranceAgreementsAsset
Goodwill 2,273us-gaap_Goodwill 2,273us-gaap_Goodwill
Other assets 2,901us-gaap_OtherAssets 2,845us-gaap_OtherAssets
Separate account assets 127,828us-gaap_SeparateAccountAssets 125,265us-gaap_SeparateAccountAssets
Total assets 258,485us-gaap_Assets 253,377us-gaap_Assets
Liabilities    
Future contract benefits 20,468us-gaap_LiabilityForFuturePolicyBenefitsAndUnpaidClaimsAndClaimsAdjustmentExpense 20,057us-gaap_LiabilityForFuturePolicyBenefitsAndUnpaidClaimsAndClaimsAdjustmentExpense
Other contract holder funds 75,663us-gaap_PolicyholderFunds 75,512us-gaap_PolicyholderFunds
Short-term debt 250us-gaap_DebtCurrent 250us-gaap_DebtCurrent
Long-term debt 5,627lnc_LongTermDebtAndFairValueHedges 5,270lnc_LongTermDebtAndFairValueHedges
Reinsurance related embedded derivatives 165lnc_ReinsuranceRelatedDerivativeLiabilities 150lnc_ReinsuranceRelatedDerivativeLiabilities
Funds withheld reinsurance liabilities 717us-gaap_FundsHeldUnderReinsuranceAgreementsLiability 764us-gaap_FundsHeldUnderReinsuranceAgreementsLiability
Deferred gain on business sold through reinsurance 153lnc_DeferredGainOnBusinessSoldThroughReinsurance 171lnc_DeferredGainOnBusinessSoldThroughReinsurance
Payables for collateral on investments 5,046us-gaap_DepositsReceivedForSecuritiesLoanedAtCarryingValue 4,409us-gaap_DepositsReceivedForSecuritiesLoanedAtCarryingValue
Variable interest entities' liabilities 5us-gaap_VariableInterestEntityConsolidatedCarryingAmountLiabilities 13us-gaap_VariableInterestEntityConsolidatedCarryingAmountLiabilities
Other liabilities 6,340us-gaap_OtherLiabilities 5,776us-gaap_OtherLiabilities
Separate account liabilities 127,828us-gaap_SeparateAccountsLiability 125,265us-gaap_SeparateAccountsLiability
Total liabilities 242,262us-gaap_Liabilities 237,637us-gaap_Liabilities
Contingencies and Commitments (See Note 8)      
Stockholders Equity    
Preferred stock - 10,000,000 shares authorized 0us-gaap_PreferredStockValueOutstanding 0us-gaap_PreferredStockValueOutstanding
Common stock - 800,000,000 shares authorized; 252,928,502 and 256,551,440 shares issued and outstanding as of March 31, 2015, and December 31, 2014, respectively 6,493us-gaap_CommonStockValueOutstanding 6,622us-gaap_CommonStockValueOutstanding
Retained earnings 6,077us-gaap_RetainedEarningsAccumulatedDeficit 6,022us-gaap_RetainedEarningsAccumulatedDeficit
Accumulated other comprehensive income (loss) 3,653us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax 3,096us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax
Total stockholders' equity 16,223us-gaap_StockholdersEquity 15,740us-gaap_StockholdersEquity
Total liabilities and stockholders' equity $ 258,485us-gaap_LiabilitiesAndStockholdersEquity $ 253,377us-gaap_LiabilitiesAndStockholdersEquity