LINCOLN NATIONAL CORP
For the period ended Jun 30, 2026. Filed Jul 30, 2026.
View on SEC.govAbout this filing
A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Jun 30, 2026 · Filed Jul 30, 2026
LNC$40.05+2.3%Stored close · as of Nov 6, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Table of Contents
Lincoln National Corporation
| Page | ||
|---|---|---|
| PART I | ||
| Item 1. · Financial Statements: | ||
| Consolidated Balance Sheets as of June 30, 2026 (Unaudited) and December 31, 2025 | 1 | |
| Unaudited Consolidated Statements of Comprehensive Income (Loss) for the three and six months | ||
| ended June 30, 2026 and 2025 | 2 | |
| Unaudited Consolidated Statements of Stockholders’ Equity for the three and six months | ||
| ended June 30, 2026 and 2025 | 3 | |
| Unaudited Consolidated Statements of Cash Flows for the six months | ||
| ended June 30, 2026 and 2025 | 4 | |
| Notes to Unaudited Consolidated Financial Statements: | ||
| Note 1 – Nature of Operations and Basis of Presentation | 5 | |
| Note 2 – New Accounting Standards | 6 | |
| Note 3 – Investments | 6 | |
| Note 4 – Variable Interest Entities | 16 | |
| Note 5 – Derivative Instruments | 17 | |
| Note 6 – DAC, VOBA, DSI and DFEL | 26 | |
| Note 7 – Reinsurance | 29 | |
| Note 8 – MRBs | 30 | |
| Note 9 – Separate Accounts | 31 | |
| Note 10 – Policyholder Account Balances | 32 | |
| Note 11 – Future Contract Benefits | 36 | |
| Note 12 – Debt | 41 | |
| Note 13 – Fair Value of Financial Instruments | 43 | |
| Note 14 – Contingencies and Commitments | 58 | |
| Note 15 – Shares and Stockholders’ Equity | 63 | |
| Note 16 – Segment Information | 66 | |
| Note 17 – Realized Gain (Loss) | 74 | |
| Note 18 – Federal Income Taxes | 75 | |
| Note 19 – Subsequent Event | 75 | |
| Item 2. | Management’s Discussion and Analysis of Financial Condition and Results of Operations | 76 |
| Item 3. | Quantitative and Qualitative Disclosures About Market Risk | 128 |
| Item 4. | Controls and Procedures | 128 |
| PART II | ||
| Item 1. | Legal Proceedings | 129 |
| Item 1A. | Risk Factors | 129 |
| Item 2. | Unregistered Sales of Equity Securities and Use of Proceeds | 129 |
| Item 5. | Other Information | 129 |
| Item 6. | Exhibits | 129 |
| Exhibit Index for the Report on Form 10-Q | 130 | |
| Signatures | 131 | |
PART I – FINANCIAL INFORMATION
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.