# LINCOLN NATIONAL CORPORATION (LNC) FY2026 Q2 Balance Sheet

- Company: LINCOLN NATIONAL CORPORATION (LNC)
- Period: As of 2026-06-30
- Filing: Q2 FY2026 10-Q, filed 2026-07-30, accession number 0000059558-26-000060
- Page: https://plicit.ai/financials/lnc/fy2026-q2-balance-sheet
- Chart image: https://plicit.ai/charts/lnc-fy2026-q2-balance-sheet-sankey.png

## Chart details

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.