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Lincoln National (Lincoln National) Long-Term Capital Lease Obligation : $0 Mil (As of Dec. 2023)


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What is Lincoln National Long-Term Capital Lease Obligation?

Lincoln National's Long-Term Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0 Mil.


Lincoln National Long-Term Capital Lease Obligation Historical Data

The historical data trend for Lincoln National's Long-Term Capital Lease Obligation can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Lincoln National Long-Term Capital Lease Obligation Chart

Lincoln National Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Long-Term Capital Lease Obligation
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Lincoln National Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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Lincoln National  (NYSE:LNC) Long-Term Capital Lease Obligation Explanation

Long-Term Capital Lease Obligation are the amount due for long-term asset lease agreements that are nearly equivalent to asset purchases. Capital lease obligations are installment payments that constitute a payment of principal plus interest for the capital lease. The Short-Term Capital Lease Obligation is the portion of a Long-Term Capital Lease Obligation that is due over the next year.

Under US Generally Accepted Accounting Principles (GAAP), a capital lease is essentially equivalent to a purchase by the lessee if it meets the following criteria:

1. Ownership of the asset is transferred to the lessee at the end of the lease term;
2. The lease contains a bargain purchase option to buy the equipment at less than fair market value;
3. The lease term equals or exceeds 75% of the asset's estimated useful life;
4. The present value of the lease payments equals or exceeds 90% of the total original cost of the equipment.

Lincoln National Long-Term Capital Lease Obligation Related Terms

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Lincoln National (Lincoln National) Business Description

Industry
Traded in Other Exchanges
Address
150 North Radnor-Chester Road, Suite A305, Radnor, PA, USA, 19087
Lincoln National Corp operates multiple insurance and retirement businesses. The company's operating segment includes Annuities; Retirement Plan Services; Life Insurance and Group Protection. Its products primarily include fixed and indexed annuities, variable annuities, universal life insurance (UL), variable universal life insurance (VUL), linked-benefit UL and VUL, indexed universal life insurance (IUL), term life insurance, employer-sponsored retirement plans and services, and group life, disability and dental.
Executives
Owen Ryan director C/O BLACKLINE INC, 21300 VICTORY BOULEVARD 12TH FLOOR, WOODLAND HILLS CA 91367
Andrew Rallis officer: EVP, Chief Risk Officer 150 N. RADNOR-CHESTER ROAD, RADNOR PA 19087
Sean Woodroffe officer: EVP, Ch Ppl Culture Comms Off 150 N. RADNOR-CHESTER ROAD, RADNOR PA 19087
John Christopher Kennedy officer: EVP, President LFD 150 N. RADNOR-CHESTER ROAD, RADNOR PA 19087
Deirdre P Connelly director C/O GLAXOSMITHKLINE, FIVE CRESCENT DRIVE, PHILADELPHIA PA 19112-1001
James Waltman Reid officer: EVP Head of Wrkplc Solutions 150 N. RADNOR-CHESTER ROAD, RADNOR PA 19087
Matthew Grove officer: EVP Head of Life Annuities LFN 150 N RADNOR-CHESTER ROAD, RADNOR PA 19087
Dennis R Glass officer: President & COO LINCOLN NATIONAL CORPORATION, 150 N. RADNOR CHESTER ROAD, RADNOR PA 19087
Christopher M Neczypor officer: EVP, Chief Strategy Officer 150 N RADNOR-CHESTER ROAD, RADNOR PA 19087
Jayson R Bronchetti officer: EVP, Chief Investment Officer 150 N RADNOR-CHESTER ROAD, RADNOR PA 19087
Adam M Cohen officer: CAO 150 N. RADNOR-CHESTER ROAD, RADNOR PA 19087
Randal J Freitag officer: EVP & CFO LINCOLN NATIONAL CORPORATION, 150 N. RADNOR CHESTER ROAD, RADNOR PA 19087
Janet Liang director 150 N. RADNOR-CHESTER ROAD, RADNOR PA 19087
Dale Lefebvre director 150 N. RADNOR-CHESTER ROAD, RADNOR PA 19087
Kenneth S. Solon officer: EVP & Chief Information Ofc.. 150 N. RADNOR CHESTER ROAD, RADNOR PA 19087