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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, 2024   $ 13,015 $ (173) $ (2,330)
Increase (Decrease) in Stockholders' Equity [Roll Forward]        
Capital contribution from Lincoln National Corporation   800    
Stock compensation/issued for benefit plans   38    
Net income (loss) $ 188   188  
Dividends paid to Lincoln National Corporation     (400)  
Other comprehensive income (loss), net of tax 376     376
Balance as of end-of-period at Jun. 30, 2025 11,514 13,853 (385) (1,954)
Balance as of beginning-of-year at Mar. 31, 2025   13,039 (842) (1,906)
Increase (Decrease) in Stockholders' Equity [Roll Forward]        
Capital contribution from Lincoln National Corporation   800    
Stock compensation/issued for benefit plans   14    
Net income (loss) 627   627  
Dividends paid to Lincoln National Corporation     (170)  
Other comprehensive income (loss), net of tax (48)     (48)
Balance as of end-of-period at Jun. 30, 2025 11,514 13,853 (385) (1,954)
Balance as of beginning-of-year at Dec. 31, 2025 11,986 14,041 (100) (1,955)
Increase (Decrease) in Stockholders' Equity [Roll Forward]        
Capital contribution from Lincoln National Corporation   0    
Stock compensation/issued for benefit plans   18    
Net income (loss) 806   806  
Dividends paid to Lincoln National Corporation     (580)  
Other comprehensive income (loss), net of tax (288)     (288)
Balance as of end-of-period at Jun. 30, 2026 11,942 14,059 126 (2,243)
Balance as of beginning-of-year at Mar. 31, 2026   14,046 (463) (1,799)
Increase (Decrease) in Stockholders' Equity [Roll Forward]        
Capital contribution from Lincoln National Corporation   0    
Stock compensation/issued for benefit plans   13    
Net income (loss) 899   899  
Dividends paid to Lincoln National Corporation     (310)  
Other comprehensive income (loss), net of tax (444)     (444)
Balance as of end-of-period at Jun. 30, 2026 $ 11,942 $ 14,059 $ 126 $ (2,243)