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CONSOLIDATED STATEMENTS OF STOCKHOLDER’S EQUITY - USD ($)
$ in Millions
Total
Common Stock
Retained Earnings (Deficit)
Accumulated Other Comprehensive Income (Loss)
Balance as of beginning-of-year at Dec. 31, 2022   $ 12,903 $ 1,414 $ (5,713)
Increase (Decrease) in Stockholders' Equity [Roll Forward]        
Capital contribution from Lincoln National Corporation   5    
Stock compensation/issued for benefit plans   14    
Net income (loss) $ (928)   (928)  
Dividends paid to Lincoln National Corporation     (105)  
Other comprehensive income (loss), net of tax 2,613     2,613
Balance as of end-of-period at Mar. 31, 2023 10,203 12,922 381 (3,100)
Balance as of beginning-of-year at Dec. 31, 2023 10,507 12,961 (869) (1,585)
Increase (Decrease) in Stockholders' Equity [Roll Forward]        
Stock compensation/issued for benefit plans   17    
Net income (loss) 657   657  
Dividends paid to Lincoln National Corporation     (180)  
Other comprehensive income (loss), net of tax 174     174
Balance as of end-of-period at Mar. 31, 2024 $ 11,175 $ 12,978 $ (392) $ (1,411)