LINCOLN NATIONAL CORP

For the period ended Dec 31, 2023. Filed Feb 22, 2024.

About this filing

A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.

FY2023 · Filed Feb 22, 2024

LNC$42.77-0.5%Stored close · as of Nov 10, 2026

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Contents

Consolidated Statements of Stockholders’ Equity

	For the Years Ended December 31,
	2023	2022	2021
Preferred Stock
Balance as of beginning-of-year	$986	$–	$–
Issuance of Series C preferred stock	–	493	–
Issuance of Series D preferred stock	–	493	–
Balance as of end-of-year	986	986	–
Common Stock
Balance as of beginning-of-year	4,544	4,735	5,082
Stock compensation/issued for benefit plans	61	40	85
Retirement of common stock/cancellation of shares	–	(231)	(432)
Balance as of end-of-year	4,605	4,544	4,735
Retained Earnings
Balance as of beginning-of-year	5,924	5,196	8,686
Cumulative effect from adoption of new accounting standards	–	–	(6,273)
Net income (loss)	(752)	1,358	3,778
Retirement of common stock	–	(319)	(673)
Preferred stock dividends declared	(82)	–	–
Common stock dividends declared	(312)	(311)	(322)
Balance as of end-of-year	4,778	5,924	5,196
Accumulated Other Comprehensive Income (Loss)
Balance as of beginning-of-year	(6,352)	9,984	8,931
Cumulative effect from adoption of new accounting standards	–	–	4,627
Other comprehensive income (loss), net of tax	2,876	(16,336)	(3,574)
Balance as of end-of-year	(3,476)	(6,352)	9,984
Total stockholders’ equity as of end-of-year	$6,893	$5,102	$19,915

See accompanying Notes to Consolidated Financial Statements

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.