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Lincoln National LNC Traditional Life — Expected future benefit payments

Other segment segments

Group Protection
$7.54B+1.7%
Payout Annuities
$3.24B-4.8%

Similar metrics at other companies

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FNFTraditional Life — Expected future benefit payments
$1.79B-7.4%
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FNFTraditional Life — Liability for Future Policy Benefit, Expected Future Policy Benefit, Benefit Payment
$50M-12.3%
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FNFTraditional Life — Future policy benefits
$1.23B-5.9%
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FNFTraditional Life — Liability for Future Policy Benefit, Expected Future Policy Benefit, before Reinsurance, after Discount Rate Change
$1.79B-7.2%
Fidelity National Financial logo
FNFTraditional Life — Liability for Future Policy Benefit, Expected Net Premium, Original Discount Rate, before Cash Flow and Reinsurance
$679M-10.5%
Fidelity National Financial logo
FNFTraditional Life — Liability for Future Policy Benefit, after Reinsurance
$735M-6.4%

Other financials

Income statement

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Revenue$5.3B+13.1%
Net income-$172.0M+76.2%
EPS (diluted)-$1.10+75.1%

Balance sheet

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Cash & equivalents$7.3B+71.5%
Total debt$6.4B+8.5%
Total equity$10.2B+24.6%
Total assets$406.16B+6.1%

Cash flow

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Operating cash flow$138.0M+151%

Valuation

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Market cap$7.11B+10.3%
Enterprise value$6.13B-25.1%
P/E4.1×-0.7×
P/S0.4×0.0×

Profitability

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Net margin9.2%+2.2pp

Returns & leverage

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Return on equity18.8%+1.8pp
Debt / equity0.6×-0.1×

Where this comes from

Reported directly by Lincoln National in its filing.

Tagged under the XBRL concept us-gaap:LiabilityForFuturePolicyBenefitExpectedFuturePolicyBenefitUndiscountedBeforeReinsurance.

The official record: Lincoln National’s 10-Q, filed May 7, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Lincoln National's traditional life — expected future benefit payments?
Lincoln National (LNC) reported traditional life — expected future benefit payments of $12.89B in Q1 2026.
How has Lincoln National's traditional life — expected future benefit payments changed year-over-year?
Lincoln National's traditional life — expected future benefit payments decreased by 8.8% year-over-year, from $14.13B to $12.89B.
What is the long-term trend for Lincoln National's traditional life — expected future benefit payments?
Over 2 years (2023 to 2025), Lincoln National's traditional life — expected future benefit payments has grown at a -2.9% compound annual growth rate (CAGR), from $57.51B to $54.25B.
What does traditional life — expected future benefit payments mean?
Reflects the estimated total future cash outflows required to satisfy policyholder claims and benefits for the traditional life insurance portfolio. Monitoring this helps investors evaluate the long-term liability obligations and the adequacy of reserves set aside for future payouts.