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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   40    
Net income (loss) $ (1,569)   (1,569)  
Dividends paid to Lincoln National Corporation     (365)  
Other comprehensive income (loss), net of tax 603     603
Balance as of end-of-period at Sep. 30, 2023 7,318 12,948 (520) (5,110)
Balance as of beginning-of-year at Jun. 30, 2023   12,935 (730) (1,804)
Increase (Decrease) in Stockholders' Equity [Roll Forward]        
Capital contribution from Lincoln National Corporation   0    
Stock compensation/issued for benefit plans   13    
Net income (loss) 315   315  
Dividends paid to Lincoln National Corporation     (105)  
Other comprehensive income (loss), net of tax (3,306)     (3,306)
Balance as of end-of-period at Sep. 30, 2023 7,318 12,948 (520) (5,110)
Balance as of beginning-of-year at Dec. 31, 2023 10,507 12,961 (869) (1,585)
Increase (Decrease) in Stockholders' Equity [Roll Forward]        
Capital contribution from Lincoln National Corporation   0    
Stock compensation/issued for benefit plans   43    
Net income (loss) 818   818  
Dividends paid to Lincoln National Corporation     (1,249)  
Other comprehensive income (loss), net of tax 664     664
Balance as of end-of-period at Sep. 30, 2024 10,783 13,004 (1,300) (921)
Balance as of beginning-of-year at Jun. 30, 2024   12,991 (575) (1,387)
Increase (Decrease) in Stockholders' Equity [Roll Forward]        
Capital contribution from Lincoln National Corporation   0    
Stock compensation/issued for benefit plans   13    
Net income (loss) (600)   (600)  
Dividends paid to Lincoln National Corporation     (125)  
Other comprehensive income (loss), net of tax 466     466
Balance as of end-of-period at Sep. 30, 2024 $ 10,783 $ 13,004 $ (1,300) $ (921)