Stock-Based Incentive Compensation Plans

12 Months Ended

Dec. 31, 2019

Stock-Based Incentive Compensation Plans [Abstract]

Stock-Based Incentive Compensation Plans

18. Stock-Based Incentive Compensation Plans

Our employees and agents are included in LNC’s various stock-based incentive compensation plans that provide for the issuance of stock options, performance shares, stock appreciation rights (“SARs”) and restricted stock units (“RSUs”). LNC issues new shares to satisfy option exercises and vested performance shares and RSUs.

Total compensation expense (in millions) by award type for stock-based incentive compensation plans was as follows:

	For the Years Ended December 31,
	2019		2018			2017
Stock options	$	8	$	5		$	9
Performance shares		16		14			12
SARs		-		(1	)		2
RSUs		35		30			24
Total	$	59	$	48		$	47
Recognized tax benefit	$	12	$	10		$	16