LINCOLN NATIONAL CORPORATION (LNC) FY2026 Q2 Balance Sheet

LINCOLN NATIONAL CORPORATION (LNC) FY2026 Q2 Balance Sheet

Balance sheet as of 2026-06-30. The chart shows assets, liabilities and equity at that date.

Assets

429,797,000,000 US dollars

Liabilities

418,448,000,000 US dollars

Equity

11,349,000,000 US dollars

Separate account assets

188,252,000,000 US dollars

Fixed maturity available-for-sale securities, at fair value (amortized cost: 2026 - $103,761; 2025 - $101,462 allowance for credit losses: 2026 - $139; 2025 - $110)

95,085,000,000 US dollars

Deposit assets, net of allowance for credit losses

33,619,000,000 US dollars

Reinsurance recoverables, net of allowance for credit losses

27,225,000,000 US dollars

Mortgage loans on real estate, net of allowance for credit losses

23,406,000,000 US dollars

Deferred acquisition costs, value of business acquired and deferred sales inducements

12,918,000,000 US dollars

Derivative investments

11,382,000,000 US dollars

Cash and invested cash

10,165,000,000 US dollars

Other investments

8,870,000,000 US dollars

Other assets

6,918,000,000 US dollars

Market risk benefit assets

5,077,000,000 US dollars

Policy loans

2,596,000,000 US dollars

Trading securities

1,515,000,000 US dollars

Accrued investment income

1,169,000,000 US dollars

Goodwill

1,144,000,000 US dollars

Equity securities

456,000,000 US dollars

Separate account liabilities

188,252,000,000 US dollars

Policyholder account balances

139,510,000,000 US dollars

Future contract benefits

42,177,000,000 US dollars

Funds withheld reinsurance liabilities

16,808,000,000 US dollars

Payables for collateral on investments

9,232,000,000 US dollars

Deferred front-end loads

8,059,000,000 US dollars

Other liabilities

6,650,000,000 US dollars

Long-term debt

6,465,000,000 US dollars

Market risk benefit liabilities

895,000,000 US dollars

Short-term debt

400,000,000 US dollars

Retained earnings

9,322,000,000 US dollars

Common stock

5,619,000,000 US dollars

Preferred stock - Series C Preferred Stock

493,000,000 US dollars

Preferred stock - Series D Preferred Stock

493,000,000 US dollars

Accumulated other comprehensive income (loss)

negative 4,578,000,000 US dollars

Gross equity (calculated)

15,927,000,000 US dollars. Net equity plus the magnitudes of its negative contributions equals gross positive equity. The negative contributions enter this reconciliation as add-backs; their filed signs stay negative.

Chart connections

• Assets equal liabilities plus consolidated equity. Consolidated equity includes noncontrolling interests when reported.
• Treasury shares and other negative equity contributions reduce equity.