<ARTICLE>      7
<CIK>          0000059558
<NAME>         Lincoln National Corporation
<MULTIPLIER>   1
       
                                
<PERIOD-TYPE>                      Year
<FISCAL-YEAR-END>                  Dec-31-1994
<PERIOD-START>                     Jan-01-1994
<PERIOD-END>                       Dec-31-1994
<DEBT-HELD-FOR-SALE>               21,644,154,000
<DEBT-CARRYING-VALUE>                           0
<DEBT-MARKET-VALUE>                             0
<EQUITIES>                          1,038,617,000
<MORTGAGE>                          2,853,083,000
<REAL-ESTATE>                         706,854,000
<TOTAL-INVEST>                     26,971,101,000
<CASH>                              1,041,583,000
<RECOVER-REINSURE>                  2,207,727,000
<DEFERRED-ACQUISITION>              2,444,215,000
<TOTAL-ASSETS>                     49,330,060,000
<POLICY-LOSSES>                    11,216,312,000
<UNEARNED-PREMIUMS>                   806,987,000
<POLICY-OTHER>                                  0
<POLICY-HOLDER-FUNDS>              17,025,623,000
<NOTES-PAYABLE>                       694,917,000
<COMMON>                              555,382,000
<PREFERRED-MANDATORY>                           0
<PREFERRED>                           311,333,000
<OTHER-SE>                          2,175,345,000
<TOTAL-LIABILITY-AND-EQUITY>       49,330,060,000
<PREMIUMS>                          4,893,791,000
<INVESTMENT-INCOME>                 2,011,351,000
<INVESTMENT-GAINS>                   (130,820,000)
<OTHER-INCOME>                        161,186,000
<BENEFITS>                          4,849,243,000
<UNDERWRITING-AMORTIZATION>           598,337,000
<UNDERWRITING-OTHER>                1,110,969,000
<INCOME-PRETAX>                       376,281,000
<INCOME-TAX>                           26,383,000
<INCOME-CONTINUING>                   349,898,000
<DISCONTINUED>                                  0
<EXTRAORDINARY>                                 0
<CHANGES>                                       0
<NET-INCOME>                          349,898,000
<EPS-PRIMARY>                                   3.37
<EPS-DILUTED>                                   3.37
<RESERVE-OPEN>                      2,584,600,000
<PROVISION-CURRENT>                 1,340,600,000
<PROVISION-PRIOR>                     (78,200,000)
<PAYMENTS-CURRENT>                    619,400,000
<PAYMENTS-PRIOR>                      728,200,000
<RESERVE-CLOSE>                     2,499,400,000
<CUMULATIVE-DEFICIENCY>                79,000,000