Lincoln National Corporation (LNC)

Solvency & Capital Structure

Total Debt

$6.87B

Net Debt

-$3.30B

Lincoln National Corporation currently has $6.87B in total debt. Net debt is -$3.30B after cash offsets. This 'Net Cash' position indicates exceptional financial strength.

Financial Fundamentals

LNC • Quarterly Data • 5Y View

Date	Total Debt ($B)	Cash & Inv. ($B)	Net Debt ($B)	Total Assets	Debt/Assets
2026-06-30	6.87	10.16	-3.30Net Cash	429.80	1.6%
2026-03-31	6.37	44.66	-38.30Net Cash	406.16	1.6%
2025-12-31	6.43	46.40	-39.96Net Cash	417.20	1.5%
2025-09-30	5.77	46.19	-40.41Net Cash	415.27	1.4%
2025-06-30	5.77	40.34	-34.57Net Cash	399.06	1.4%
2025-03-31	5.87	26.63	-20.76Net Cash	382.90	1.5%
2024-12-31	6.36	26.72	-20.36Net Cash	390.83	1.6%
2024-09-30	5.98	27.68	-21.70Net Cash	396.84	1.5%
2024-06-30	6.17	26.61	-20.45Net Cash	384.53	1.6%
2024-03-31	6.23	24.29	-18.06Net Cash	383.38	1.6%
2023-12-31	6.12	92.10	-85.98Net Cash	372.41	1.6%
2023-09-30	5.69	22.47	-16.78Net Cash	338.41	1.7%
2023-06-30	6.45	22.76	-16.31Net Cash	348.61	1.9%
2023-03-31	6.47	105.70	-99.23Net Cash	343.14	1.9%
2022-12-31	6.61	103.08	-96.47Net Cash	334.22	2.0%
2022-09-30	6.46	99.04	-92.58Net Cash	324.68	2.0%
2022-06-30	6.50	104.93	-98.43Net Cash	335.77	1.9%
2022-03-31	6.56	112.66	-106.09Net Cash	365.93	1.8%
2021-12-31	6.65	121.32	-114.68Net Cash	386.94	1.7%
2021-09-30	6.62	124.70	-118.08Net Cash	377.05	1.8%
2021-06-30	6.63	124.60	-117.97Net Cash	380.15	1.7%
2021-03-31	6.59	118.66	-112.07Net Cash	366.76	1.8%
2020-12-31	6.66	124.75	-118.09Net Cash	365.95	1.8%
2020-09-30	6.71	120.85	-114.13Net Cash	347.80	1.9%
2020-06-30	6.74	117.72	-110.98Net Cash	339.66	2.0%
2020-03-31	6.75	108.81	-102.06Net Cash	318.65	2.1%
2019-12-31	6.21	107.76	-101.56Net Cash	334.76	1.9%
2019-09-30	5.80	94.62	-88.82Net Cash	303.85	1.9%
2019-06-30	5.92	103.05	-97.13Net Cash	322.26	1.8%
2019-03-31	5.87	99.64	-93.77Net Cash	314.30	1.9%
2018-12-31	5.84	96.37	-90.53Net Cash	298.15	2.0%
2018-09-30	5.80	94.62	-88.82Net Cash	303.85	1.9%
2018-06-30	5.83	94.83	-89.01Net Cash	298.83	1.9%
2018-03-31	5.90	94.43	-88.53Net Cash	279.24	2.1%
2017-12-31	5.34	96.71	-91.37Net Cash	281.76	1.9%
2017-09-30	5.35	96.03	-90.68Net Cash	276.79	1.9%
2017-06-30	5.35	95.27	-89.92Net Cash	271.65	2.0%
2017-03-31	5.33	93.30	-87.97Net Cash	267.47	2.0%
2016-12-31	5.34	92.21	-86.86Net Cash	261.63	2.0%
2016-09-30	5.71	96.95	-91.24Net Cash	266.61	2.1%
2016-06-30	5.71	96.45	-90.74Net Cash	263.03	2.2%
2016-03-31	5.65	92.08	-86.44Net Cash	255.72	2.2%
2015-12-31	5.58	88.94	-83.36Net Cash	251.94	2.2%
2015-09-30	5.60	90.12	-84.51Net Cash	249.53	2.2%
2015-06-30	5.53	88.57	-83.05Net Cash	255.21	2.2%
2015-03-31	5.88	93.11	-87.23Net Cash	258.49	2.3%
2014-12-31	5.52	90.99	-85.47Net Cash	253.38	2.2%
2014-09-30	5.44	88.00	-82.56Net Cash	248.45	2.2%
2014-06-30	5.42	87.87	-82.45Net Cash	249.13	2.2%
2014-03-31	5.38	85.64	-80.26Net Cash	241.95	2.2%
2013-12-31	5.82	83.34	-77.52Net Cash	236.94	2.5%
2013-09-30	5.87	83.67	-77.80Net Cash	229.92	2.6%
2013-06-30	5.56	83.72	-78.16Net Cash	223.32	2.5%
2013-03-31	5.59	86.67	-81.08Net Cash	224.34	2.5%
2012-12-31	5.64	87.13	-81.49Net Cash	218.87	2.6%
2012-09-30	5.69	5.50	0.20	215.46	2.6%
2012-06-30	6.02	5.26	0.76	211.11	2.9%
2012-03-31	5.91	4.56	1.35	208.02	2.8%
2011-12-31	5.69	5.58	0.11	202.91	2.8%
2011-09-30	5.90	4.83	1.07	197.75	3.0%
2011-06-30	5.98	3.91	2.07	201.55	3.0%
2011-03-31	5.72	3.25	2.48	198.32	2.9%
2010-12-31	5.75	3.78	1.97	193.82	3.0%
2010-09-30	6.04	4.64	1.40	190.49	3.2%
2010-06-30	5.96	4.84	1.13	180.13	3.3%
2010-03-31	5.16	4.49	0.67	181.62	2.8%
2009-12-31	5.40	5.08	0.32	177.43	3.0%
2009-09-30	5.19	4.24	0.95	181.49	2.9%
2009-06-30	5.23	3.73	1.50	167.04	3.1%
2009-03-31	5.78	7.09	-1.31Net Cash	157.43	3.7%
2008-12-31	5.55	7.55	-2.00Net Cash	163.14	3.4%
2008-09-30	5.20	3.35	1.85	173.27	3.0%
2008-06-30	5.00	3.08	1.92	184.28	2.7%
2008-03-31	5.04	2.45	2.59	185.35	2.7%
2007-12-31	5.17	2.74	2.43	191.44	2.7%
2007-09-30	4.73	1.33	3.41	192.22	2.5%
2007-06-30	4.34	0.99	3.35	187.65	2.3%
2007-03-31	4.70	0.90	3.80	181.33	2.6%
2006-12-31	4.12	1.62	2.50	178.49	2.3%
2006-09-30	4.29	1.11	3.19	171.73	2.5%
2006-06-30	3.22	1.50	1.72	167.38	1.9%
2006-03-31	1.34	1.97	-0.63Net Cash	128.39	1.0%
2005-12-31	1.45	2.76	-1.31Net Cash	124.79	1.2%
2005-09-30	1.50	1.60	-0.10Net Cash	122.10	1.2%
2005-06-30	1.56	1.66	-0.10Net Cash	118.95	1.3%
2005-03-31	1.58	1.50	0.08	116.35	1.4%
2004-12-31	1.60	2.05	-0.45Net Cash	116.22	1.4%
2004-09-30	1.66	2.00	-0.34Net Cash	110.38	1.5%
2004-06-30	1.68	2.21	-0.53Net Cash	109.32	1.5%
2004-03-31	1.70	2.64	-0.93Net Cash	109.87	1.5%
2003-12-31	1.16	2.09	-0.92Net Cash	106.74	1.1%
2003-09-30	1.53	2.36	-0.83Net Cash	100.83	1.5%
2003-06-30	1.20	2.35	-1.14Net Cash	99.53	1.2%
2003-03-31	1.24	2.02	-0.78Net Cash	92.50	1.3%
2002-12-31	1.27	2.07	-0.80Net Cash	93.13	1.4%
2002-09-30	1.24	1.98	-0.75Net Cash	90.44	1.4%
2002-06-30	1.32	2.67	-1.35Net Cash	95.07	1.4%
2002-03-31	1.37	2.11	-0.74Net Cash	97.85	1.4%
2001-12-31	1.21	3.60	-2.39Net Cash	98.00	1.2%
2001-09-30	1.25	2.42	-1.17Net Cash	90.21	1.4%
2001-06-30	1.06	1.92	-0.85Net Cash	96.43	1.1%
2001-03-31	1.13	2.43	-1.30Net Cash	94.12	1.2%
2000-12-31	1.03	2.39	-1.37Net Cash	99.84	1.0%
2000-09-30	1.04	1.91	-0.86Net Cash	103.24	1.0%
2000-06-30	1.07	2.06	-0.99Net Cash	103.85	1.0%
2000-03-31	1.19	1.94	-0.75Net Cash	106.34	1.1%
1999-12-31	1.17	2.30	-1.13Net Cash	103.10	1.1%
1999-09-30	1.08	2.34	-1.26Net Cash	96.50	1.1%
1999-06-30	1.09	2.15	-1.06Net Cash	98.26	1.1%
1999-03-31	0.99	2.33	-1.33Net Cash	95.35	1.0%
1998-12-31	1.03	2.87	-1.84Net Cash	93.84	1.1%
1998-09-30	1.07	2.73	-1.66Net Cash	84.61	1.3%
1998-06-30	1.09	2.41	-1.33Net Cash	88.36	1.2%
1998-03-31	1.18	2.64	-1.47Net Cash	87.88	1.3%
1997-12-31	0.81	4.26	-3.45Net Cash	77.17	1.0%
1997-09-30	0.98	1.25	-0.27Net Cash	79.96	1.2%
1997-06-30	0.87	1.27	-0.40Net Cash	76.79	1.1%
1997-03-31	0.82	1.21	-0.39Net Cash	72.00	1.1%
1996-12-31	0.82	1.69	-0.88Net Cash	71.71	1.1%
1996-09-30	0.88	1.44	-0.56Net Cash	67.24	1.3%