10-Q Filing

LOEWS CORP CIK: 60086 Q2 2022

Filing Information

Form Type	10-Q
Accession Number	`0000060086-22-000075`
Period End Date	20220630
Filing Date	20220801
Fiscal Year	2022
Fiscal Period	Q2
XBRL Instance	l-20220630_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 96 Income Statement 88 Cash Flow Statement 74 Stockholders Equity 43 Comprehensive Income 44

Balance Sheet 96 line items

Line Item	Tag	Value	Unit	Period
Fixed maturities, amortized cost	`AvailableForSaleDebtSecuritiesAmortizedCostBasis`	$39.95B	USD	Point-in-time
Fixed maturities, amortized cost of $41,261 and $39,952, less allowance for credit loss of $5 and $18	`AvailableForSaleSecuritiesDebtSecurities`	$39.43B	USD	Point-in-time
Fixed maturities, amortized cost of $41,261 and $39,952, less allowance for credit loss of $5 and $18	`AvailableForSaleSecuritiesDebtSecurities`	$44.38B	USD	Point-in-time
Fixed maturities, amortized cost	`AvailableForSaleDebtSecuritiesAmortizedCostBasis`	$41.26B	USD	Point-in-time
Equity securities, cost of $1,545 and $1,546	`EquitySecuritiesFvNi`	$1.36B	USD	Point-in-time
Equity securities, cost of $1,545 and $1,546	`EquitySecuritiesFvNi`	$1.67B	USD	Point-in-time
Fixed maturities, allowance for credit loss	`DebtSecuritiesAvailableForSaleAllowanceForCreditLoss`	$18.00M	USD	Point-in-time
Fixed maturities, allowance for credit loss	`DebtSecuritiesAvailableForSaleAllowanceForCreditLoss`	$5.00M	USD	Point-in-time
Limited partnership investments	`InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures`	$1.94B	USD	Point-in-time
Equity securities, cost	`EquitySecuritiesFvNiCost`	$1.55B	USD	Point-in-time
Equity securities, cost	`EquitySecuritiesFvNiCost`	$1.54B	USD	Point-in-time
Limited partnership investments	`InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures`	$1.93B	USD	Point-in-time
Other invested assets, primarily mortgage loans, allowance for credit loss	`FinancingReceivableAllowanceForCreditLosses`	$16.00M	USD	Point-in-time
Other invested assets, primarily mortgage loans, allowance for credit loss	`FinancingReceivableAllowanceForCreditLosses`	$16.00M	USD	Point-in-time
Other invested assets, primarily mortgage loans, less allowance for credit loss of $16 and $16	`OtherInvestments`	$1.09B	USD	Point-in-time
Other invested assets, primarily mortgage loans, less allowance for credit loss of $16 and $16	`OtherInvestments`	$1.05B	USD	Point-in-time
Short term investments	`MarketableSecuritiesCurrent`	$4.29B	USD	Point-in-time
Short term investments	`MarketableSecuritiesCurrent`	$4.86B	USD	Point-in-time
Total investments	`Investments`	$48.08B	USD	Point-in-time
Total investments	`Investments`	$53.94B	USD	Point-in-time
Preferred stock, par value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.10	USD	Point-in-time
Cash	`Cash`	$951.00M	USD	Point-in-time
Preferred stock, par value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.10	USD	Point-in-time
Cash	`Cash`	$621.00M	USD	Point-in-time
Preferred stock, shares authorized (in shares)	`PreferredStockSharesAuthorized`	100.00M	shares	Point-in-time
Receivables	`AccountsReceivableNet`	$9.70B	USD	Point-in-time
Receivables	`AccountsReceivableNet`	$9.27B	USD	Point-in-time
Preferred stock, shares authorized (in shares)	`PreferredStockSharesAuthorized`	100.00M	shares	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Property, plant and equipment	`PropertyPlantAndEquipmentNet`	$9.96B	USD	Point-in-time
Property, plant and equipment	`PropertyPlantAndEquipmentNet`	$9.89B	USD	Point-in-time
Goodwill	`Goodwill`	$346.00M	USD	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	1.80B	shares	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	1.80B	shares	Point-in-time
Goodwill	`Goodwill`	$349.00M	USD	Point-in-time
Deferred non-insurance warranty acquisition expenses	`CapitalizedContractCostNet`	$3.48B	USD	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	248.62M	shares	Point-in-time
Deferred non-insurance warranty acquisition expenses	`CapitalizedContractCostNet`	$3.59B	USD	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	248.47M	shares	Point-in-time
Deferred acquisition costs of insurance subsidiaries	`DeferredPolicyAcquisitionCosts`	$792.00M	USD	Point-in-time
Treasury stock, shares (in shares)	`TreasuryStockShares`	6.40M	shares	Point-in-time
Treasury stock, shares (in shares)	`TreasuryStockShares`	50,000.00	shares	Point-in-time
Deferred acquisition costs of insurance subsidiaries	`DeferredPolicyAcquisitionCosts`	$737.00M	USD	Point-in-time
Other assets	`OtherAssets`	$3.65B	USD	Point-in-time
Other assets	`OtherAssets`	$3.34B	USD	Point-in-time
Total assets	`Assets`	$81.63B	USD	Point-in-time
Total assets	`Assets`	$77.07B	USD	Point-in-time
Claim and claim adjustment expense	`LiabilityForClaimsAndClaimsAdjustmentExpense`	$22.71B	USD	Point-in-time
Claim and claim adjustment expense	`LiabilityForClaimsAndClaimsAdjustmentExpense`	$23.48B	USD	Point-in-time
Claim and claim adjustment expense	`LiabilityForClaimsAndClaimsAdjustmentExpense`	$24.56B	USD	Point-in-time
Claim and claim adjustment expense	`LiabilityForClaimsAndClaimsAdjustmentExpense`	$24.17B	USD	Point-in-time
Future policy benefits	`LiabilityForFuturePolicyBenefits`	$10.93B	USD	Point-in-time
Future policy benefits	`LiabilityForFuturePolicyBenefits`	$13.24B	USD	Point-in-time
Unearned premiums	`UnearnedPremiums`	$5.76B	USD	Point-in-time
Unearned premiums	`UnearnedPremiums`	$6.29B	USD	Point-in-time
Total insurance reserves	`InsuranceReserves`	$43.17B	USD	Point-in-time
Total insurance reserves	`InsuranceReserves`	$41.77B	USD	Point-in-time
Payable to brokers	`PayablesToBrokerDealersAndClearingOrganizations`	$90.00M	USD	Point-in-time
Payable to brokers	`PayablesToBrokerDealersAndClearingOrganizations`	$320.00M	USD	Point-in-time
Short term debt	`LongTermDebtAndCapitalLeaseObligationsCurrent`	$839.00M	USD	Point-in-time
Short term debt	`LongTermDebtAndCapitalLeaseObligationsCurrent`	$93.00M	USD	Point-in-time
Long term debt	`LongTermDebtAndCapitalLeaseObligations`	$8.99B	USD	Point-in-time
Long term debt	`LongTermDebtAndCapitalLeaseObligations`	$8.44B	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxLiabilitiesNet`	$350.00M	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxLiabilitiesNet`	$1.08B	USD	Point-in-time
Deferred non-insurance warranty revenue	`ContractWithCustomerLiability`	$4.50B	USD	Point-in-time
Deferred non-insurance warranty revenue	`ContractWithCustomerLiability`	$4.64B	USD	Point-in-time
Other liabilities	`OtherLiabilities`	$4.53B	USD	Point-in-time
Other liabilities	`OtherLiabilities`	$4.49B	USD	Point-in-time
Total liabilities	`Liabilities`	$60.85B	USD	Point-in-time
Total liabilities	`Liabilities`	$62.45B	USD	Point-in-time
Common stock, $0.01 par value, issued	`CommonStockValue`	$2.00M	USD	Point-in-time
Common stock, $0.01 par value, issued	`CommonStockValue`	$2.00M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$2.87B	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$2.88B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$15.26B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$14.78B	USD	Point-in-time
Accumulated other comprehensive income (loss)	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-2.51B	USD	Point-in-time
Accumulated other comprehensive income (loss)	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$186.00M	USD	Point-in-time
Shareholders' equity before treasury stock, total	`StockholdersEquityBeforeTreasuryStock`	$17.85B	USD	Point-in-time
Shareholders' equity before treasury stock, total	`StockholdersEquityBeforeTreasuryStock`	$15.62B	USD	Point-in-time
Less treasury stock, at cost (6,398,767 and 50,000 shares)	`TreasuryStockValue`	$386.00M	USD	Point-in-time
Less treasury stock, at cost (6,398,767 and 50,000 shares)	`TreasuryStockValue`	$3.00M	USD	Point-in-time
Total shareholders equity	`StockholdersEquity`	$17.85B	USD	Point-in-time
Total shareholders equity	`StockholdersEquity`	$15.24B	USD	Point-in-time
Noncontrolling interests	`MinorityInterest`	$985.00M	USD	Point-in-time
Noncontrolling interests	`MinorityInterest`	$1.33B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$16.22B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$18.54B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$19.18B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$17.70B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$19.18B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$19.40B	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$77.07B	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$81.63B	USD	Point-in-time

Income Statement 88 line items

Line Item	Tag	Value	Unit	Period
Insurance premiums	`PremiumsEarnedNet`	$4.00B	USD	2 Qtrs
Insurance premiums	`PremiumsEarnedNet`	$2.15B	USD	1 Quarter
Insurance premiums	`PremiumsEarnedNet`	$4.21B	USD	2 Qtrs
Insurance premiums	`PremiumsEarnedNet`	$2.04B	USD	1 Quarter
Net investment income	`NetInvestmentIncome`	$798.00M	USD	2 Qtrs
Net investment income	`NetInvestmentIncome`	$366.00M	USD	1 Quarter
Net investment income	`NetInvestmentIncome`	$616.00M	USD	1 Quarter
Net investment income	`NetInvestmentIncome`	$1.17B	USD	2 Qtrs
Investment losses	`GainLossOnInvestments`	$635.00M	USD	2 Qtrs
Investment losses	`GainLossOnInvestments`	$578.00M	USD	1 Quarter
Investment losses	`GainLossOnInvestments`	$-70.00M	USD	2 Qtrs
Investment losses	`GainLossOnInvestments`	$-59.00M	USD	1 Quarter
Non-insurance warranty revenue	`NonInsuranceWarrantyRevenue`	$359.00M	USD	1 Quarter
Non-insurance warranty revenue	`NonInsuranceWarrantyRevenue`	$392.00M	USD	1 Quarter
Non-insurance warranty revenue	`NonInsuranceWarrantyRevenue`	$697.00M	USD	2 Qtrs
Non-insurance warranty revenue	`NonInsuranceWarrantyRevenue`	$774.00M	USD	2 Qtrs
Operating revenues and other	`RevenueFromContractWithCustomerExcludingAssessedTaxAndOther`	$1.07B	USD	2 Qtrs
Operating revenues and other	`RevenueFromContractWithCustomerExcludingAssessedTaxAndOther`	$534.00M	USD	1 Quarter
Operating revenues and other	`RevenueFromContractWithCustomerExcludingAssessedTaxAndOther`	$415.00M	USD	1 Quarter
Operating revenues and other	`RevenueFromContractWithCustomerExcludingAssessedTaxAndOther`	$1.13B	USD	2 Qtrs
Total	`Revenues`	$4.00B	USD	1 Quarter
Total	`Revenues`	$6.79B	USD	2 Qtrs
Total	`Revenues`	$7.62B	USD	2 Qtrs
Total	`Revenues`	$3.39B	USD	1 Quarter
Insurance claims and policyholders benefits	`PolicyholderBenefitsAndClaimsIncurredNet`	$3.05B	USD	2 Qtrs
Insurance claims and policyholders benefits	`PolicyholderBenefitsAndClaimsIncurredNet`	$3.04B	USD	2 Qtrs
Insurance claims and policyholders benefits	`PolicyholderBenefitsAndClaimsIncurredNet`	$1.58B	USD	1 Quarter
Insurance claims and policyholders benefits	`PolicyholderBenefitsAndClaimsIncurredNet`	$1.55B	USD	1 Quarter
Amortization of deferred acquisition costs	`DeferredPolicyAcquisitionCostAmortizationExpense`	$374.00M	USD	1 Quarter
Amortization of deferred acquisition costs	`DeferredPolicyAcquisitionCostAmortizationExpense`	$357.00M	USD	1 Quarter
Amortization of deferred acquisition costs	`DeferredPolicyAcquisitionCostAmortizationExpense`	$716.00M	USD	2 Qtrs
Amortization of deferred acquisition costs	`DeferredPolicyAcquisitionCostAmortizationExpense`	$718.00M	USD	2 Qtrs
Non-insurance warranty expense	`NonInsuranceWarrantyExpense`	$367.00M	USD	1 Quarter
Non-insurance warranty expense	`NonInsuranceWarrantyExpense`	$721.00M	USD	2 Qtrs
Non-insurance warranty expense	`NonInsuranceWarrantyExpense`	$332.00M	USD	1 Quarter
Non-insurance warranty expense	`NonInsuranceWarrantyExpense`	$643.00M	USD	2 Qtrs
Operating expenses and other	`OtherCostAndExpenseOperating`	$1.41B	USD	2 Qtrs
Operating expenses and other	`OtherCostAndExpenseOperating`	$715.00M	USD	1 Quarter
Operating expenses and other	`OtherCostAndExpenseOperating`	$1.57B	USD	2 Qtrs
Operating expenses and other	`OtherCostAndExpenseOperating`	$656.00M	USD	1 Quarter
Interest	`InterestExpense`	$100.00M	USD	1 Quarter
Interest	`InterestExpense`	$96.00M	USD	1 Quarter
Interest	`InterestExpense`	$225.00M	USD	2 Qtrs
Interest	`InterestExpense`	$192.00M	USD	2 Qtrs
Total	`BenefitsLossesAndExpenses`	$6.21B	USD	2 Qtrs
Total	`BenefitsLossesAndExpenses`	$3.13B	USD	1 Quarter
Total	`BenefitsLossesAndExpenses`	$2.99B	USD	1 Quarter
Total	`BenefitsLossesAndExpenses`	$6.08B	USD	2 Qtrs
Income (loss) before income tax	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$253.00M	USD	1 Quarter
Income (loss) before income tax	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$1.42B	USD	2 Qtrs
Income (loss) before income tax	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$1.01B	USD	1 Quarter
Income (loss) before income tax	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$715.00M	USD	2 Qtrs
Income tax expense	`IncomeTaxExpenseBenefit`	$143.00M	USD	2 Qtrs
Income tax expense	`IncomeTaxExpenseBenefit`	$51.00M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$333.00M	USD	2 Qtrs
Income tax expense	`IncomeTaxExpenseBenefit`	$219.00M	USD	1 Quarter
Net income	`ProfitLoss`	$793.00M	USD	1 Quarter
Net income	`ProfitLoss`	$572.00M	USD	2 Qtrs
Net income	`ProfitLoss`	$1.09B	USD	2 Qtrs
Net income	`ProfitLoss`	$202.00M	USD	1 Quarter
Amounts attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$54.00M	USD	2 Qtrs
Amounts attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$22.00M	USD	1 Quarter
Amounts attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$71.00M	USD	2 Qtrs
Amounts attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$39.00M	USD	1 Quarter
Net income (loss) attributable to Loews Corporation	`NetIncomeLoss`	$1.01B	USD	2 Qtrs
Net income (loss) attributable to Loews Corporation	`NetIncomeLoss`	$180.00M	USD	1 Quarter
Net income (loss) attributable to Loews Corporation	`NetIncomeLoss`	$754.00M	USD	1 Quarter
Net income (loss) attributable to Loews Corporation	`NetIncomeLoss`	$518.00M	USD	2 Qtrs
Per share-basic (in dollars per share)	`EarningsPerShareBasic`	$2.10	USD	2 Qtrs
Per share-basic (in dollars per share)	`EarningsPerShareBasic`	$3.83	USD	2 Qtrs
Per share-basic (in dollars per share)	`EarningsPerShareBasic`	$0.73	USD	1 Quarter
Per share-basic (in dollars per share)	`EarningsPerShareBasic`	$2.87	USD	1 Quarter
Per share-diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.73	USD	1 Quarter
Per share-diluted (in dollars per share)	`EarningsPerShareDiluted`	$2.09	USD	2 Qtrs
Per share-diluted (in dollars per share)	`EarningsPerShareDiluted`	$2.86	USD	1 Quarter
Per share-diluted (in dollars per share)	`EarningsPerShareDiluted`	$3.82	USD	2 Qtrs
Shares of common stock (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	246.70M	shares	2 Qtrs
Shares of common stock (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	265.06M	shares	2 Qtrs
Shares of common stock (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	245.45M	shares	1 Quarter
Shares of common stock (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	262.76M	shares	1 Quarter
Dilutive potential shares of common stock (in shares)	`WeightedAverageNumberDilutedSharesOutstandingAdjustment`	580,000.00	shares	1 Quarter
Dilutive potential shares of common stock (in shares)	`WeightedAverageNumberDilutedSharesOutstandingAdjustment`	490,000.00	shares	2 Qtrs
Dilutive potential shares of common stock (in shares)	`WeightedAverageNumberDilutedSharesOutstandingAdjustment`	490,000.00	shares	1 Quarter
Dilutive potential shares of common stock (in shares)	`WeightedAverageNumberDilutedSharesOutstandingAdjustment`	500,000.00	shares	2 Qtrs
Total weighted average shares outstanding assuming dilution (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	247.20M	shares	2 Qtrs
Total weighted average shares outstanding assuming dilution (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	265.55M	shares	2 Qtrs
Total weighted average shares outstanding assuming dilution (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	263.34M	shares	1 Quarter
Total weighted average shares outstanding assuming dilution (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	245.94M	shares	1 Quarter

Cash Flow Statement 74 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$793.00M	USD	1 Quarter
Net income	`ProfitLoss`	$572.00M	USD	2 Qtrs
Net income	`ProfitLoss`	$1.09B	USD	2 Qtrs
Net income	`ProfitLoss`	$202.00M	USD	1 Quarter
Adjustments to reconcile net income to net cash provided by operating activities, net	`OtherNoncashIncomeExpense`	$-505.00M	USD	2 Qtrs
Adjustments to reconcile net income to net cash provided by operating activities, net	`OtherNoncashIncomeExpense`	$187.00M	USD	2 Qtrs
Receivables	`IncreaseDecreaseInAccountsReceivable`	$1.09B	USD	2 Qtrs
Receivables	`IncreaseDecreaseInAccountsReceivable`	$634.00M	USD	2 Qtrs
Deferred acquisition costs	`IncreaseDecreaseInDeferredPolicyAcquisitionCosts`	$12.00M	USD	2 Qtrs
Deferred acquisition costs	`IncreaseDecreaseInDeferredPolicyAcquisitionCosts`	$63.00M	USD	2 Qtrs
Insurance reserves	`IncreaseDecreaseInInsuranceLiabilities`	$1.37B	USD	2 Qtrs
Insurance reserves	`IncreaseDecreaseInInsuranceLiabilities`	$1.38B	USD	2 Qtrs
Other assets	`IncreaseDecreaseInOtherOperatingAssets`	$360.00M	USD	2 Qtrs
Other assets	`IncreaseDecreaseInOtherOperatingAssets`	$720.00M	USD	2 Qtrs
Other liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$87.00M	USD	2 Qtrs
Other liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$598.00M	USD	2 Qtrs
Trading securities	`IncreaseDecreaseInTradingSecurities`	$37.00M	USD	2 Qtrs
Trading securities	`IncreaseDecreaseInTradingSecurities`	$508.00M	USD	2 Qtrs
Net cash flow provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$1.45B	USD	2 Qtrs
Net cash flow provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$543.00M	USD	2 Qtrs
Purchases of fixed maturities	`PaymentsToAcquireAvailableForSaleSecuritiesDebt`	$4.62B	USD	2 Qtrs
Purchases of fixed maturities	`PaymentsToAcquireAvailableForSaleSecuritiesDebt`	$6.25B	USD	2 Qtrs
Proceeds from sales of fixed maturities	`ProceedsFromSaleOfAvailableForSaleSecuritiesDebt`	$1.85B	USD	2 Qtrs
Proceeds from sales of fixed maturities	`ProceedsFromSaleOfAvailableForSaleSecuritiesDebt`	$3.29B	USD	2 Qtrs
Proceeds from maturities of fixed maturities	`ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities`	$1.72B	USD	2 Qtrs
Proceeds from maturities of fixed maturities	`ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities`	$2.10B	USD	2 Qtrs
Purchases of equity securities	`PaymentsToAcquireEquitySecurities`	$181.00M	USD	2 Qtrs
Purchases of equity securities	`PaymentsToAcquireEquitySecurities`	$195.00M	USD	2 Qtrs
Proceeds from sales of equity securities	`ProceedsFromSaleOfEquitySecuritiesFvNi`	$193.00M	USD	2 Qtrs
Proceeds from sales of equity securities	`ProceedsFromSaleOfEquitySecuritiesFvNi`	$193.00M	USD	2 Qtrs
Purchases of limited partnership investments	`PaymentsToAcquireLimitedPartnershipInterests`	$169.00M	USD	2 Qtrs
Purchases of limited partnership investments	`PaymentsToAcquireLimitedPartnershipInterests`	$168.00M	USD	2 Qtrs
Proceeds from sales of limited partnership investments	`ProceedsFromLimitedPartnershipInvestments`	$185.00M	USD	2 Qtrs
Proceeds from sales of limited partnership investments	`ProceedsFromLimitedPartnershipInvestments`	$134.00M	USD	2 Qtrs
Purchases of property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$183.00M	USD	2 Qtrs
Purchases of property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$312.00M	USD	2 Qtrs
Dispositions	`ProceedsFromSaleOfProductiveAssets`	$52.00M	USD	2 Qtrs
Dispositions	`ProceedsFromSaleOfProductiveAssets`	-	USD	2 Qtrs
Sale of interest in Altium Packaging	`ProceedsFromDivestitureOfBusinesses`	$417.00M	USD	2 Qtrs
Sale of interest in Altium Packaging	`ProceedsFromDivestitureOfBusinesses`	-	USD	2 Qtrs
Change in short term investments	`IncreaseDecreaseInFinanceReceivables`	$-739.00M	USD	2 Qtrs
Change in short term investments	`IncreaseDecreaseInFinanceReceivables`	$-405.00M	USD	2 Qtrs
Other, net	`PaymentsForProceedsFromOtherInvestingActivities`	$-66.00M	USD	2 Qtrs
Other, net	`PaymentsForProceedsFromOtherInvestingActivities`	$-39.00M	USD	2 Qtrs
Net cash flow (used) provided by investing activities	`NetCashProvidedByUsedInInvestingActivities`	$93.00M	USD	2 Qtrs
Net cash flow (used) provided by investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-786.00M	USD	2 Qtrs
Dividends paid	`PaymentsOfDividendsCommonStock`	$33.00M	USD	2 Qtrs
Dividends paid	`PaymentsOfDividendsCommonStock`	$31.00M	USD	2 Qtrs
Dividends paid to noncontrolling interests	`PaymentsOfDividendsMinorityInterest`	$79.00M	USD	2 Qtrs
Dividends paid to noncontrolling interests	`PaymentsOfDividendsMinorityInterest`	$43.00M	USD	2 Qtrs
Purchases of Loews Corporation treasury stock	`PaymentsForRepurchaseOfCommonStock`	$484.00M	USD	2 Qtrs
Purchases of Loews Corporation treasury stock	`PaymentsForRepurchaseOfCommonStock`	$380.00M	USD	2 Qtrs
Purchases of subsidiary stock from noncontrolling interests	`PaymentsForRepurchaseOfRedeemableNoncontrollingInterest`	$18.00M	USD	2 Qtrs
Purchases of subsidiary stock from noncontrolling interests	`PaymentsForRepurchaseOfRedeemableNoncontrollingInterest`	$21.00M	USD	2 Qtrs
Principal payments on debt	`RepaymentsOfDebt`	$1.15B	USD	2 Qtrs
Principal payments on debt	`RepaymentsOfDebt`	$301.00M	USD	2 Qtrs
Issuance of debt	`ProceedsFromIssuanceOfDebt`	$498.00M	USD	2 Qtrs
Issuance of debt	`ProceedsFromIssuanceOfDebt`	$1.20B	USD	2 Qtrs
Other, net	`ProceedsFromPaymentsForOtherFinancingActivities`	$-4.00M	USD	2 Qtrs
Other, net	`ProceedsFromPaymentsForOtherFinancingActivities`	$-12.00M	USD	2 Qtrs
Net cash flow used by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-318.00M	USD	2 Qtrs
Net cash flow used by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-537.00M	USD	2 Qtrs
Effect of foreign exchange rate on cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.00M	USD	2 Qtrs
Effect of foreign exchange rate on cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-12.00M	USD	2 Qtrs
Net change in cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$100.00M	USD	2 Qtrs
Net change in cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$330.00M	USD	2 Qtrs
Cash, beginning of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$621.00M	USD	Point-in-time
Cash, beginning of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$478.00M	USD	Point-in-time
Cash, beginning of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$951.00M	USD	Point-in-time
Cash, beginning of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$578.00M	USD	Point-in-time
Cash, end of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$621.00M	USD	Point-in-time
Cash, end of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$478.00M	USD	Point-in-time
Cash, end of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$951.00M	USD	Point-in-time
Cash, end of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$578.00M	USD	Point-in-time

Stockholders Equity 43 line items

Line Item	Tag	Value	Unit	Period
Dividends paid (in dollars per share)	`CommonStockDividendsPerShareCashPaid`	$0.06	USD	1 Quarter
Dividends paid (in dollars per share)	`CommonStockDividendsPerShareCashPaid`	$0.12	USD	2 Qtrs
Dividends paid (in dollars per share)	`CommonStockDividendsPerShareCashPaid`	$0.06	USD	1 Quarter
Dividends paid (in dollars per share)	`CommonStockDividendsPerShareCashPaid`	$0.12	USD	2 Qtrs
Balance at beginning of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$16.22B	USD	Point-in-time
Balance at beginning of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$18.54B	USD	Point-in-time
Balance at beginning of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$19.18B	USD	Point-in-time
Balance at beginning of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$17.70B	USD	Point-in-time
Balance at beginning of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$19.18B	USD	Point-in-time
Balance at beginning of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$19.40B	USD	Point-in-time
Net income	`ProfitLoss`	$793.00M	USD	1 Quarter
Net income	`ProfitLoss`	$572.00M	USD	2 Qtrs
Net income	`ProfitLoss`	$1.09B	USD	2 Qtrs
Net income	`ProfitLoss`	$202.00M	USD	1 Quarter
Other comprehensive income	`OtherComprehensiveIncomeLossNetOfTax`	$326.00M	USD	1 Quarter
Other comprehensive income	`OtherComprehensiveIncomeLossNetOfTax`	$-285.00M	USD	2 Qtrs
Other comprehensive income	`OtherComprehensiveIncomeLossNetOfTax`	$-1.41B	USD	1 Quarter
Other comprehensive income	`OtherComprehensiveIncomeLossNetOfTax`	$-3.01B	USD	2 Qtrs
Dividends paid ($0.0625 per share)	`DividendsCash`	$27.00M	USD	1 Quarter
Dividends paid ($0.0625 per share)	`DividendsCash`	$26.00M	USD	1 Quarter
Dividends paid ($0.0625 per share)	`DividendsCash`	$76.00M	USD	2 Qtrs
Dividends paid ($0.0625 per share)	`DividendsCash`	$110.00M	USD	2 Qtrs
Purchase of subsidiary stock from noncontrolling interests	`MinorityInterestDecreaseFromRedemptions`	$15.00M	USD	1 Quarter
Purchase of subsidiary stock from noncontrolling interests	`MinorityInterestDecreaseFromRedemptions`	$18.00M	USD	2 Qtrs
Purchase of subsidiary stock from noncontrolling interests	`MinorityInterestDecreaseFromRedemptions`	$21.00M	USD	2 Qtrs
Purchases of Loews Corporation treasury stock	`TreasuryStockValueAcquiredCostMethod`	$255.00M	USD	1 Quarter
Purchases of Loews Corporation treasury stock	`TreasuryStockValueAcquiredCostMethod`	$384.00M	USD	2 Qtrs
Purchases of Loews Corporation treasury stock	`TreasuryStockValueAcquiredCostMethod`	$493.00M	USD	2 Qtrs
Purchases of Loews Corporation treasury stock	`TreasuryStockValueAcquiredCostMethod`	$219.00M	USD	1 Quarter
Stock-based compensation	`ShareBasedPaymentArrangementIncreaseDecreaseForCostRecognition`	$2.00M	USD	2 Qtrs
Stock-based compensation	`ShareBasedPaymentArrangementIncreaseDecreaseForCostRecognition`	$3.00M	USD	1 Quarter
Stock-based compensation	`ShareBasedPaymentArrangementIncreaseDecreaseForCostRecognition`	$7.00M	USD	2 Qtrs
Stock-based compensation	`ShareBasedPaymentArrangementIncreaseDecreaseForCostRecognition`	$12.00M	USD	1 Quarter
Other	`StockholdersEquityOther`	$3.00M	USD	2 Qtrs
Other	`StockholdersEquityOther`	$4.00M	USD	2 Qtrs
Other	`StockholdersEquityOther`	$2.00M	USD	1 Quarter
Other	`StockholdersEquityOther`	-	USD	1 Quarter
Balance at end of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$16.22B	USD	Point-in-time
Balance at end of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$18.54B	USD	Point-in-time
Balance at end of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$19.18B	USD	Point-in-time
Balance at end of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$17.70B	USD	Point-in-time
Balance at end of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$19.18B	USD	Point-in-time
Balance at end of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$19.40B	USD	Point-in-time

Comprehensive Income 44 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$793.00M	USD	1 Quarter
Net income	`ProfitLoss`	$572.00M	USD	2 Qtrs
Net income	`ProfitLoss`	$1.09B	USD	2 Qtrs
Net income	`ProfitLoss`	$202.00M	USD	1 Quarter
Net unrealized losses on investments with an allowance for credit losses	`OciDebtSecuritiesAvailableForSaleInvestmentsWithAllowanceForCreditLossesUnrealizedHoldingGainLossBeforeAdjustmentAfterTax`	$-6.00M	USD	2 Qtrs
Net unrealized losses on investments with an allowance for credit losses	`OciDebtSecuritiesAvailableForSaleInvestmentsWithAllowanceForCreditLossesUnrealizedHoldingGainLossBeforeAdjustmentAfterTax`	-	USD	1 Quarter
Net unrealized losses on investments with an allowance for credit losses	`OciDebtSecuritiesAvailableForSaleInvestmentsWithAllowanceForCreditLossesUnrealizedHoldingGainLossBeforeAdjustmentAfterTax`	$-2.00M	USD	1 Quarter
Net unrealized losses on investments with an allowance for credit losses	`OciDebtSecuritiesAvailableForSaleInvestmentsWithAllowanceForCreditLossesUnrealizedHoldingGainLossBeforeAdjustmentAfterTax`	-	USD	2 Qtrs
Net unrealized gains (losses) on other investments	`OciDebtSecuritiesAvailableForSaleOtherInvestmentsUnrealizedHoldingGainLossBeforeAdjustmentAfterTax`	$300.00M	USD	1 Quarter
Net unrealized gains (losses) on other investments	`OciDebtSecuritiesAvailableForSaleOtherInvestmentsUnrealizedHoldingGainLossBeforeAdjustmentAfterTax`	$-327.00M	USD	2 Qtrs
Net unrealized gains (losses) on other investments	`OciDebtSecuritiesAvailableForSaleOtherInvestmentsUnrealizedHoldingGainLossBeforeAdjustmentAfterTax`	$-1.35B	USD	1 Quarter
Net unrealized gains (losses) on other investments	`OciDebtSecuritiesAvailableForSaleOtherInvestmentsUnrealizedHoldingGainLossBeforeAdjustmentAfterTax`	$-2.96B	USD	2 Qtrs
Total unrealized gains (losses) on investments	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-327.00M	USD	2 Qtrs
Total unrealized gains (losses) on investments	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$300.00M	USD	1 Quarter
Total unrealized gains (losses) on investments	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-2.96B	USD	2 Qtrs
Total unrealized gains (losses) on investments	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-1.35B	USD	1 Quarter
Unrealized gains on cash flow hedges	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	$12.00M	USD	2 Qtrs
Unrealized gains on cash flow hedges	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	$8.00M	USD	1 Quarter
Unrealized gains on cash flow hedges	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	$24.00M	USD	2 Qtrs
Unrealized gains on cash flow hedges	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	$6.00M	USD	1 Quarter
Pension and postretirement benefits	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$-12.00M	USD	2 Qtrs
Pension and postretirement benefits	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$-5.00M	USD	1 Quarter
Pension and postretirement benefits	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$-16.00M	USD	2 Qtrs
Pension and postretirement benefits	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$-7.00M	USD	1 Quarter
Foreign currency translation	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-68.00M	USD	1 Quarter
Foreign currency translation	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-83.00M	USD	2 Qtrs
Foreign currency translation	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$14.00M	USD	2 Qtrs
Foreign currency translation	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$11.00M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$326.00M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$-285.00M	USD	2 Qtrs
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$-1.41B	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$-3.01B	USD	2 Qtrs
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$1.12B	USD	1 Quarter
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$-2.44B	USD	2 Qtrs
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$801.00M	USD	2 Qtrs
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$-1.20B	USD	1 Quarter
Amounts attributable to noncontrolling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$40.00M	USD	2 Qtrs
Amounts attributable to noncontrolling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$-124.00M	USD	1 Quarter
Amounts attributable to noncontrolling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$72.00M	USD	1 Quarter
Amounts attributable to noncontrolling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$-260.00M	USD	2 Qtrs
Total comprehensive income (loss) attributable to Loews Corporation	`ComprehensiveIncomeNetOfTax`	$-2.18B	USD	2 Qtrs
Total comprehensive income (loss) attributable to Loews Corporation	`ComprehensiveIncomeNetOfTax`	$761.00M	USD	2 Qtrs
Total comprehensive income (loss) attributable to Loews Corporation	`ComprehensiveIncomeNetOfTax`	$-1.08B	USD	1 Quarter
Total comprehensive income (loss) attributable to Loews Corporation	`ComprehensiveIncomeNetOfTax`	$1.05B	USD	1 Quarter

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.