CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Millions	6 Months Ended
	Jun. 30, 2026	Jun. 30, 2025
Cash Flows from Operating Activities
Net income (loss)	$ 806	$ 188
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:
Realized (gain) loss	(269)	409
Market risk benefit (gain) loss	72	173
Sales and maturities (purchases) of trading securities, net	128	161
Change in:
Deferred acquisition costs, value of business acquired, deferred sales inducements and deferred front-end loads	422	330
Accrued investment income	(57)	(36)
Insurance liabilities and reinsurance-related balances	(14)	(258)
Accrued expenses	(128)	(134)
Federal income tax accruals	135	(48)
Cash management agreement	(676)	72
Other	(251)	(217)
Net cash provided by (used in) operating activities	168	640
Cash Flows from Investing Activities
Purchases of available-for-sale securities and equity securities	(9,348)	(6,791)
Sales and maturities of available-for-sale securities and equity securities	6,503	5,723
Purchases of other investments	(913)	(675)
Sales and repayments of other investments	446	551
Issuance of mortgage loans on real estate	(2,834)	(1,933)
Repayment and maturities of mortgage loans on real estate	1,644	1,072
Repayment (issuance) of policy loans, net	29	(77)
Net change in collateral on investments, certain derivatives and related settlements	2,680	(348)
Other	(98)	39
Net cash provided by (used in) investing activities	(1,891)	(2,439)
Cash Flows from Financing Activities
Capital contribution from Lincoln National Corporation	0	800
Issuance of long-term debt, net of issuance costs	100	0
Issuance (payment) of short-term debt	615	149
Payment related to sale-leaseback transactions	(2)	(4)
Proceeds from certain financing arrangements	0	33
Payment related to certain financing arrangements	(75)	(84)
Deposits	9,689	9,617
Withdrawals	(7,012)	(6,237)
Transfers from (to) separate accounts, net	(985)	(303)
Common stock issued for benefit plans	(29)	(9)
Dividends paid to Lincoln National Corporation	(580)	(400)
Net cash provided by (used in) financing activities	1,721	3,562
Net increase (decrease) in cash and invested cash	(2)	1,763
Cash and invested cash as of beginning-of-year	7,946	4,505
Cash and invested cash as of end-of-period	$ 7,944	$ 6,268