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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, 2023   $ 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)  
Non-cash dividend to Lincoln National Corporation for settlement of an inter-company tax receivable 0   0  
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)  
Non-cash dividend to Lincoln National Corporation for settlement of an inter-company tax receivable     0  
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)
Balance as of beginning-of-year at Dec. 31, 2024 10,512 13,015 (173) (2,330)
Increase (Decrease) in Stockholders' Equity [Roll Forward]        
Capital contribution from Lincoln National Corporation   962    
Stock compensation/issued for benefit plans   51    
Net income (loss) 463   463  
Dividends paid to Lincoln National Corporation     (565)  
Non-cash dividend to Lincoln National Corporation for settlement of an inter-company tax receivable (207)   (207)  
Other comprehensive income (loss), net of tax 598     598
Balance as of end-of-period at Sep. 30, 2025 11,814 14,028 (482) (1,732)
Balance as of beginning-of-year at Jun. 30, 2025   13,853 (385) (1,954)
Increase (Decrease) in Stockholders' Equity [Roll Forward]        
Capital contribution from Lincoln National Corporation   162    
Stock compensation/issued for benefit plans   13    
Net income (loss) 275   275  
Dividends paid to Lincoln National Corporation     (165)  
Non-cash dividend to Lincoln National Corporation for settlement of an inter-company tax receivable     (207)  
Other comprehensive income (loss), net of tax 222     222
Balance as of end-of-period at Sep. 30, 2025 $ 11,814 $ 14,028 $ (482) $ (1,732)