10-Q Filing

LOEWS CORP CIK: 60086 Q1 2023

Filing Information

Form Type	10-Q
Accession Number	`0000060086-23-000087`
Period End Date	20230331
Filing Date	20230501
Fiscal Year	2023
Fiscal Period	Q1
XBRL Instance	l-20230331_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 100 Income Statement 48 Cash Flow Statement 68 Stockholders Equity 24 Comprehensive Income 24

Balance Sheet 100 line items

Line Item	Tag	Value	Unit	Period
Fixed maturities, amortized cost	`DebtSecuritiesAvailableForSaleAmortizedCostExcludingAccruedInterestBeforeAllowanceForCreditLoss`	$41.90B	USD	Point-in-time
Fixed maturities, amortized cost of $41,899 and $41,102, less allowance for credit loss of $2 and $1	`DebtSecuritiesAvailableForSaleExcludingAccruedInterest`	$39.35B	USD	Point-in-time
Fixed maturities, amortized cost of $41,899 and $41,102, less allowance for credit loss of $2 and $1	`DebtSecuritiesAvailableForSaleExcludingAccruedInterest`	$37.70B	USD	Point-in-time
Fixed maturities, amortized cost	`DebtSecuritiesAvailableForSaleAmortizedCostExcludingAccruedInterestBeforeAllowanceForCreditLoss`	$41.10B	USD	Point-in-time
Equity securities, cost of $1,082 and $1,161	`EquitySecuritiesFvNi`	$1.14B	USD	Point-in-time
Fixed maturities, allowance for credit loss	`DebtSecuritiesAvailableForSaleAmortizedCostAllowanceForCreditLossExcludingAccruedInterestCurrent`	$1.00M	USD	Point-in-time
Fixed maturities, allowance for credit loss	`DebtSecuritiesAvailableForSaleAmortizedCostAllowanceForCreditLossExcludingAccruedInterestCurrent`	$2.00M	USD	Point-in-time
Equity securities, cost of $1,082 and $1,161	`EquitySecuritiesFvNi`	$1.06B	USD	Point-in-time
Limited partnership investments	`InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures`	$1.95B	USD	Point-in-time
Limited partnership investments	`InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures`	$2.01B	USD	Point-in-time
Equity securities, cost	`EquitySecuritiesFvNiCost`	$1.08B	USD	Point-in-time
Equity securities, cost	`EquitySecuritiesFvNiCost`	$1.16B	USD	Point-in-time
Other invested assets, primarily mortgage loans, less allowance for credit loss of $24 and $24	`OtherInvestments`	$1.12B	USD	Point-in-time
Other invested assets, primarily mortgage loans, allowance for credit loss	`FinancingReceivableAllowanceForCreditLosses`	$24.00M	USD	Point-in-time
Other invested assets, primarily mortgage loans, allowance for credit loss	`FinancingReceivableAllowanceForCreditLosses`	$24.00M	USD	Point-in-time
Other invested assets, primarily mortgage loans, less allowance for credit loss of $24 and $24	`OtherInvestments`	$1.09B	USD	Point-in-time
Short term investments	`MarketableSecuritiesCurrent`	$4.85B	USD	Point-in-time
Short term investments	`MarketableSecuritiesCurrent`	$4.08B	USD	Point-in-time
Total investments	`Investments`	$47.59B	USD	Point-in-time
Total investments	`Investments`	$46.77B	USD	Point-in-time
Preferred stock, par value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.10	USD	Point-in-time
Cash	`Cash`	$532.00M	USD	Point-in-time
Preferred stock, par value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.10	USD	Point-in-time
Cash	`Cash`	$594.00M	USD	Point-in-time
Preferred stock, shares authorized (in shares)	`PreferredStockSharesAuthorized`	100.00M	shares	Point-in-time
Receivables	`AccountsReceivableNet`	$9.42B	USD	Point-in-time
Preferred stock, shares authorized (in shares)	`PreferredStockSharesAuthorized`	100.00M	shares	Point-in-time
Receivables	`AccountsReceivableNet`	$9.40B	USD	Point-in-time
Property, plant and equipment	`PropertyPlantAndEquipmentNet`	$10.10B	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Property, plant and equipment	`PropertyPlantAndEquipmentNet`	$10.03B	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	1.80B	shares	Point-in-time
Goodwill	`Goodwill`	$346.00M	USD	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	1.80B	shares	Point-in-time
Goodwill	`Goodwill`	$346.00M	USD	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	236.27M	shares	Point-in-time
Deferred non-insurance warranty acquisition expenses	`CapitalizedContractCostNet`	$3.67B	USD	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	236.16M	shares	Point-in-time
Deferred non-insurance warranty acquisition expenses	`CapitalizedContractCostNet`	$3.67B	USD	Point-in-time
Treasury stock, shares (in shares)	`TreasuryStockCommonShares`	198,875.00	shares	Point-in-time
Deferred acquisition costs of insurance subsidiaries	`DeferredPolicyAcquisitionCosts`	$806.00M	USD	Point-in-time
Deferred acquisition costs of insurance subsidiaries	`DeferredPolicyAcquisitionCosts`	$852.00M	USD	Point-in-time
Treasury stock, shares (in shares)	`TreasuryStockCommonShares`	8.37M	shares	Point-in-time
Other assets	`OtherAssets`	$4.01B	USD	Point-in-time
Other assets	`OtherAssets`	$3.99B	USD	Point-in-time
Total assets	`Assets`	$75.57B	USD	Point-in-time
Total assets	`Assets`	$76.56B	USD	Point-in-time
Claim and claim adjustment expense	`LiabilityForClaimsAndClaimsAdjustmentExpense`	$21.41B	USD	Point-in-time
Claim and claim adjustment expense	`LiabilityForClaimsAndClaimsAdjustmentExpense`	$22.12B	USD	Point-in-time
Claim and claim adjustment expense	`LiabilityForClaimsAndClaimsAdjustmentExpense`	$22.41B	USD	Point-in-time
Claim and claim adjustment expense	`LiabilityForClaimsAndClaimsAdjustmentExpense`	$21.27B	USD	Point-in-time
Future policy benefits	`LiabilityForFuturePolicyBenefits`	$13.48B	USD	Point-in-time
Future policy benefits	`LiabilityForFuturePolicyBenefits`	$16.00B	USD	Point-in-time
Future policy benefits	`LiabilityForFuturePolicyBenefits`	$19.13B	USD	Point-in-time
Future policy benefits	`LiabilityForFuturePolicyBenefits`	$13.98B	USD	Point-in-time
Unearned premiums	`UnearnedPremiums`	$6.37B	USD	Point-in-time
Unearned premiums	`UnearnedPremiums`	$6.58B	USD	Point-in-time
Total insurance reserves	`InsuranceReserves`	$42.97B	USD	Point-in-time
Total insurance reserves	`InsuranceReserves`	$41.97B	USD	Point-in-time
Payable to brokers	`PayablesToBrokerDealersAndClearingOrganizations`	$133.00M	USD	Point-in-time
Payable to brokers	`PayablesToBrokerDealersAndClearingOrganizations`	$220.00M	USD	Point-in-time
Short term debt	`LongTermDebtAndCapitalLeaseObligationsCurrent`	$854.00M	USD	Point-in-time
Short term debt	`LongTermDebtAndCapitalLeaseObligationsCurrent`	$908.00M	USD	Point-in-time
Long term debt	`LongTermDebtAndCapitalLeaseObligations`	$8.15B	USD	Point-in-time
Long term debt	`LongTermDebtAndCapitalLeaseObligations`	$8.16B	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxLiabilitiesNet`	$251.00M	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxLiabilitiesNet`	$243.00M	USD	Point-in-time
Deferred non-insurance warranty revenue	`ContractWithCustomerLiability`	$4.71B	USD	Point-in-time
Deferred non-insurance warranty revenue	`ContractWithCustomerLiability`	$4.71B	USD	Point-in-time
Other liabilities	`OtherLiabilities`	$4.28B	USD	Point-in-time
Other liabilities	`OtherLiabilities`	$4.04B	USD	Point-in-time
Total liabilities	`Liabilities`	$61.25B	USD	Point-in-time
Total liabilities	`Liabilities`	$60.37B	USD	Point-in-time
Commitments and contingent liabilities	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingent liabilities	`CommitmentsAndContingencies`	-	USD	Point-in-time
Preferred stock, $0.10 par value: Authorized 100,000,000 shares	`PreferredStockValue`	-	USD	Point-in-time
Preferred stock, $0.10 par value: Authorized 100,000,000 shares	`PreferredStockValue`	-	USD	Point-in-time
Common stock, $0.01 par value, Authorized- 1,800,000,000 shares, Issued 236,270,711 and 236,159,866 shares	`CommonStockValue`	$2.00M	USD	Point-in-time
Common stock, $0.01 par value, Authorized- 1,800,000,000 shares, Issued 236,270,711 and 236,159,866 shares	`CommonStockValue`	$2.00M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$2.72B	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$2.75B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$15.29B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$14.93B	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-3.06B	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-3.32B	USD	Point-in-time
Shareholders' equity before treasury stock, total	`StockholdersEquityBeforeTreasuryStock`	$14.36B	USD	Point-in-time
Shareholders' equity before treasury stock, total	`StockholdersEquityBeforeTreasuryStock`	$14.95B	USD	Point-in-time
Less treasury stock, at cost (8,372,525 and 198,875 shares)	`TreasuryStockCommonValue`	$12.00M	USD	Point-in-time
Less treasury stock, at cost (8,372,525 and 198,875 shares)	`TreasuryStockCommonValue`	$498.00M	USD	Point-in-time
Total shareholders equity	`StockholdersEquity`	$14.35B	USD	Point-in-time
Total shareholders equity	`StockholdersEquity`	$14.45B	USD	Point-in-time
Noncontrolling interests	`MinorityInterest`	$863.00M	USD	Point-in-time
Noncontrolling interests	`MinorityInterest`	$852.00M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$16.58B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$15.20B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$17.47B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$15.31B	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$76.56B	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$75.57B	USD	Point-in-time

Income Statement 48 line items

Line Item	Tag	Value	Unit	Period
Re-measurement gain of insurance claims and policyholders benefits	`InsuranceClaimsAndPolicyholdersBenefitsIncludingPolicyholdersDividendsRemeasurementImpact`	$1.00M	USD	1 Quarter
Re-measurement gain of insurance claims and policyholders benefits	`InsuranceClaimsAndPolicyholdersBenefitsIncludingPolicyholdersDividendsRemeasurementImpact`	$5.00M	USD	1 Quarter
Insurance premiums	`PremiumsEarnedNet`	$2.25B	USD	1 Quarter
Insurance premiums	`PremiumsEarnedNet`	$2.06B	USD	1 Quarter
Net investment income	`NetInvestmentIncome`	$432.00M	USD	1 Quarter
Net investment income	`NetInvestmentIncome`	$569.00M	USD	1 Quarter
Investment losses	`GainLossOnInvestments`	$-35.00M	USD	1 Quarter
Investment losses	`GainLossOnInvestments`	$-11.00M	USD	1 Quarter
Non-insurance warranty revenue	`NonInsuranceWarrantyRevenue`	$407.00M	USD	1 Quarter
Non-insurance warranty revenue	`NonInsuranceWarrantyRevenue`	$382.00M	USD	1 Quarter
Operating revenues and other	`RevenueFromContractWithCustomerExcludingAssessedTaxAndOther`	$594.00M	USD	1 Quarter
Operating revenues and other	`RevenueFromContractWithCustomerExcludingAssessedTaxAndOther`	$540.00M	USD	1 Quarter
Total	`Revenues`	$3.40B	USD	1 Quarter
Total	`Revenues`	$3.78B	USD	1 Quarter
Insurance claims and policyholders benefits (re-measurement gain of $1 and $5)	`PolicyholderBenefitsAndClaimsIncurredNet`	$1.65B	USD	1 Quarter
Insurance claims and policyholders benefits (re-measurement gain of $1 and $5)	`PolicyholderBenefitsAndClaimsIncurredNet`	$1.48B	USD	1 Quarter
Amortization of deferred acquisition costs	`DeferredPolicyAcquisitionCostAmortizationExpense`	$344.00M	USD	1 Quarter
Amortization of deferred acquisition costs	`DeferredPolicyAcquisitionCostAmortizationExpense`	$379.00M	USD	1 Quarter
Non-insurance warranty expense	`NonInsuranceWarrantyExpense`	$384.00M	USD	1 Quarter
Non-insurance warranty expense	`NonInsuranceWarrantyExpense`	$354.00M	USD	1 Quarter
Operating expenses and other	`OtherCostAndExpenseOperating`	$781.00M	USD	1 Quarter
Operating expenses and other	`OtherCostAndExpenseOperating`	$716.00M	USD	1 Quarter
Equity method income	`IncomeLossFromEquityMethodInvestments`	$25.00M	USD	1 Quarter
Equity method income	`IncomeLossFromEquityMethodInvestments`	$28.00M	USD	1 Quarter
Interest	`InterestExpense`	$96.00M	USD	1 Quarter
Interest	`InterestExpense`	$95.00M	USD	1 Quarter
Total	`BenefitsLossesAndExpenses`	$3.26B	USD	1 Quarter
Total	`BenefitsLossesAndExpenses`	$2.96B	USD	1 Quarter
Income before income tax	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$519.00M	USD	1 Quarter
Income before income tax	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$439.00M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$87.00M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$115.00M	USD	1 Quarter
Net income	`ProfitLoss`	$352.00M	USD	1 Quarter
Net income	`ProfitLoss`	$404.00M	USD	1 Quarter
Amounts attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$30.00M	USD	1 Quarter
Amounts attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$29.00M	USD	1 Quarter
Net income attributable to Loews Corporation	`NetIncomeLoss`	$375.00M	USD	1 Quarter
Net income attributable to Loews Corporation	`NetIncomeLoss`	$322.00M	USD	1 Quarter
Basic net income per share (in dollars per share)	`EarningsPerShareBasic`	$1.30	USD	1 Quarter
Basic net income per share (in dollars per share)	`EarningsPerShareBasic`	$1.61	USD	1 Quarter
Diluted net income per share (in dollars per share)	`EarningsPerShareDiluted`	$1.29	USD	1 Quarter
Diluted net income per share (in dollars per share)	`EarningsPerShareDiluted`	$1.61	USD	1 Quarter
Shares of common stock (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	247.97M	shares	1 Quarter
Shares of common stock (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	233.30M	shares	1 Quarter
Dilutive potential shares of common stock (in shares)	`WeightedAverageNumberDilutedSharesOutstandingAdjustment`	320,000.00	shares	1 Quarter
Dilutive potential shares of common stock (in shares)	`WeightedAverageNumberDilutedSharesOutstandingAdjustment`	510,000.00	shares	1 Quarter
Total weighted average shares outstanding assuming dilution (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	248.48M	shares	1 Quarter
Total weighted average shares outstanding assuming dilution (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	233.62M	shares	1 Quarter

Cash Flow Statement 68 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$352.00M	USD	1 Quarter
Net income	`ProfitLoss`	$404.00M	USD	1 Quarter
Adjustments to reconcile net income to net cash provided by operating activities, net	`AdjustmentsNoncashItemsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities`	$204.00M	USD	1 Quarter
Adjustments to reconcile net income to net cash provided by operating activities, net	`AdjustmentsNoncashItemsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities`	$328.00M	USD	1 Quarter
Receivables	`IncreaseDecreaseInAccountsReceivable`	$28.00M	USD	1 Quarter
Receivables	`IncreaseDecreaseInAccountsReceivable`	$-5.00M	USD	1 Quarter
Deferred acquisition costs	`IncreaseDecreaseInDeferredPolicyAcquisitionCosts`	$45.00M	USD	1 Quarter
Deferred acquisition costs	`IncreaseDecreaseInDeferredPolicyAcquisitionCosts`	$31.00M	USD	1 Quarter
Insurance reserves	`IncreaseDecreaseInInsuranceLiabilities`	$432.00M	USD	1 Quarter
Insurance reserves	`IncreaseDecreaseInInsuranceLiabilities`	$512.00M	USD	1 Quarter
Other assets	`IncreaseDecreaseInOtherOperatingAssets`	$85.00M	USD	1 Quarter
Other assets	`IncreaseDecreaseInOtherOperatingAssets`	$134.00M	USD	1 Quarter
Other liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$-202.00M	USD	1 Quarter
Other liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$-238.00M	USD	1 Quarter
Trading securities	`IncreaseDecreaseInTradingSecurities`	$-42.00M	USD	1 Quarter
Trading securities	`IncreaseDecreaseInTradingSecurities`	$374.00M	USD	1 Quarter
Net cash flow provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$719.00M	USD	1 Quarter
Net cash flow provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$423.00M	USD	1 Quarter
Purchases of fixed maturities	`PaymentsToAcquireAvailableForSaleSecuritiesDebt`	$2.55B	USD	1 Quarter
Purchases of fixed maturities	`PaymentsToAcquireAvailableForSaleSecuritiesDebt`	$2.26B	USD	1 Quarter
Proceeds from sales of fixed maturities	`ProceedsFromSaleOfAvailableForSaleSecuritiesDebt`	$1.41B	USD	1 Quarter
Proceeds from sales of fixed maturities	`ProceedsFromSaleOfAvailableForSaleSecuritiesDebt`	$803.00M	USD	1 Quarter
Proceeds from maturities of fixed maturities	`ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities`	$916.00M	USD	1 Quarter
Proceeds from maturities of fixed maturities	`ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities`	$317.00M	USD	1 Quarter
Purchases of equity securities	`PaymentsToAcquireEquitySecurities`	$75.00M	USD	1 Quarter
Purchases of equity securities	`PaymentsToAcquireEquitySecurities`	$82.00M	USD	1 Quarter
Proceeds from sales of equity securities	`ProceedsFromSaleOfEquitySecuritiesFvNi`	$62.00M	USD	1 Quarter
Proceeds from sales of equity securities	`ProceedsFromSaleOfEquitySecuritiesFvNi`	$77.00M	USD	1 Quarter
Purchases of limited partnership investments	`PaymentsToAcquireLimitedPartnershipInterests`	$116.00M	USD	1 Quarter
Purchases of limited partnership investments	`PaymentsToAcquireLimitedPartnershipInterests`	$85.00M	USD	1 Quarter
Proceeds from sales of limited partnership investments	`ProceedsFromLimitedPartnershipInvestments`	$113.00M	USD	1 Quarter
Proceeds from sales of limited partnership investments	`ProceedsFromLimitedPartnershipInvestments`	$75.00M	USD	1 Quarter
Purchases of property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$121.00M	USD	1 Quarter
Purchases of property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$159.00M	USD	1 Quarter
Change in short term investments	`PaymentsForProceedsFromShortTermInvestments`	$-647.00M	USD	1 Quarter
Change in short term investments	`PaymentsForProceedsFromShortTermInvestments`	$-696.00M	USD	1 Quarter
Other, net	`PaymentsForProceedsFromOtherInvestingActivities`	$34.00M	USD	1 Quarter
Other, net	`PaymentsForProceedsFromOtherInvestingActivities`	$-36.00M	USD	1 Quarter
Net cash flow used by investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-134.00M	USD	1 Quarter
Net cash flow used by investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-187.00M	USD	1 Quarter
Dividends paid	`PaymentsOfDividendsCommonStock`	$16.00M	USD	1 Quarter
Dividends paid	`PaymentsOfDividendsCommonStock`	$15.00M	USD	1 Quarter
Dividends paid to noncontrolling interests	`PaymentsOfDividendsMinorityInterest`	$44.00M	USD	1 Quarter
Dividends paid to noncontrolling interests	`PaymentsOfDividendsMinorityInterest`	$68.00M	USD	1 Quarter
Purchases of Loews Corporation treasury stock	`PaymentsForRepurchaseOfCommonStock`	$462.00M	USD	1 Quarter
Purchases of Loews Corporation treasury stock	`PaymentsForRepurchaseOfCommonStock`	$132.00M	USD	1 Quarter
Purchases of subsidiary stock from noncontrolling interests	`PaymentsForRepurchaseOfRedeemableNoncontrollingInterest`	$24.00M	USD	1 Quarter
Purchases of subsidiary stock from noncontrolling interests	`PaymentsForRepurchaseOfRedeemableNoncontrollingInterest`	$21.00M	USD	1 Quarter
Principal payments on debt	`RepaymentsOfDebt`	$300.00M	USD	1 Quarter
Principal payments on debt	`RepaymentsOfDebt`	$1.00M	USD	1 Quarter
Issuance of debt	`ProceedsFromIssuanceOfDebt`	$37.00M	USD	1 Quarter
Issuance of debt	`ProceedsFromIssuanceOfDebt`	$495.00M	USD	1 Quarter
Other, net	`ProceedsFromPaymentsForOtherFinancingActivities`	$-14.00M	USD	1 Quarter
Other, net	`ProceedsFromPaymentsForOtherFinancingActivities`	$-15.00M	USD	1 Quarter
Net cash flow used by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-56.00M	USD	1 Quarter
Net cash flow used by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-524.00M	USD	1 Quarter
Effect of foreign exchange rate on cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-3.00M	USD	1 Quarter
Effect of foreign exchange rate on cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.00M	USD	1 Quarter
Net change in cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$62.00M	USD	1 Quarter
Net change in cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$177.00M	USD	1 Quarter
Cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$798.00M	USD	Point-in-time
Cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$594.00M	USD	Point-in-time
Cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$621.00M	USD	Point-in-time
Cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$532.00M	USD	Point-in-time
Cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$798.00M	USD	Point-in-time
Cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$594.00M	USD	Point-in-time
Cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$621.00M	USD	Point-in-time
Cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$532.00M	USD	Point-in-time

Stockholders Equity 24 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`	$0.06	USD	1 Quarter
Balance at beginning of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$16.58B	USD	Point-in-time
Balance at beginning of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$15.20B	USD	Point-in-time
Balance at beginning of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$17.47B	USD	Point-in-time
Balance at beginning of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$15.31B	USD	Point-in-time
Net income	`ProfitLoss`	$352.00M	USD	1 Quarter
Net income	`ProfitLoss`	$404.00M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$-1.00B	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$289.00M	USD	1 Quarter
Dividends paid	`DividendsCash`	$84.00M	USD	1 Quarter
Dividends paid	`DividendsCash`	$59.00M	USD	1 Quarter
Purchase of subsidiary stock from noncontrolling interests	`MinorityInterestDecreaseFromRedemptions`	$24.00M	USD	1 Quarter
Purchase of subsidiary stock from noncontrolling interests	`MinorityInterestDecreaseFromRedemptions`	$21.00M	USD	1 Quarter
Purchases of Loews Corporation treasury stock	`TreasuryStockValueAcquiredCostMethod`	$486.00M	USD	1 Quarter
Purchases of Loews Corporation treasury stock	`TreasuryStockValueAcquiredCostMethod`	$129.00M	USD	1 Quarter
Stock-based compensation	`ShareBasedPaymentArrangementIncreaseDecreaseForCostRecognition`	$-10.00M	USD	1 Quarter
Stock-based compensation	`ShareBasedPaymentArrangementIncreaseDecreaseForCostRecognition`	$-4.00M	USD	1 Quarter
Other	`StockholdersEquityOther`	$1.00M	USD	1 Quarter
Other	`StockholdersEquityOther`	$7.00M	USD	1 Quarter
Balance at end of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$16.58B	USD	Point-in-time
Balance at end of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$15.20B	USD	Point-in-time
Balance at end of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$17.47B	USD	Point-in-time
Balance at end of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$15.31B	USD	Point-in-time

Comprehensive Income 24 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$352.00M	USD	1 Quarter
Net income	`ProfitLoss`	$404.00M	USD	1 Quarter
Net unrealized losses on investments with an allowance for credit losses	`OCIDebtSecuritiesAvailableForSaleInvestmentsWithAllowanceForCreditLossesUnrealizedHoldingGainLossAfterAdjustmentAfterTax`	$-4.00M	USD	1 Quarter
Net unrealized losses on investments with an allowance for credit losses	`OCIDebtSecuritiesAvailableForSaleInvestmentsWithAllowanceForCreditLossesUnrealizedHoldingGainLossAfterAdjustmentAfterTax`	$-8.00M	USD	1 Quarter
Net unrealized gains (losses) on other investments	`OCIDebtSecuritiesAvailableForSaleOtherInvestmentsUnrealizedHoldingGainLossAfterAdjustmentAfterTax`	$670.00M	USD	1 Quarter
Net unrealized gains (losses) on other investments	`OCIDebtSecuritiesAvailableForSaleOtherInvestmentsUnrealizedHoldingGainLossAfterAdjustmentAfterTax`	$-2.64B	USD	1 Quarter
Total unrealized gains (losses) on investments	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$662.00M	USD	1 Quarter
Total unrealized gains (losses) on investments	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$-2.65B	USD	1 Quarter
Impact of changes in discount rates used to measure long-duration contract liabilities	`OciLiabilityForFuturePolicyBenefitGainLossAfterReclassificationAdjustmentAndTax`	$-396.00M	USD	1 Quarter
Impact of changes in discount rates used to measure long-duration contract liabilities	`OciLiabilityForFuturePolicyBenefitGainLossAfterReclassificationAdjustmentAndTax`	$1.64B	USD	1 Quarter
Unrealized gains (losses) on cash flow hedges	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	$-2.00M	USD	1 Quarter
Unrealized gains (losses) on cash flow hedges	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	$18.00M	USD	1 Quarter
Pension and postretirement benefits	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$-9.00M	USD	1 Quarter
Pension and postretirement benefits	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$-7.00M	USD	1 Quarter
Foreign currency translation	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-15.00M	USD	1 Quarter
Foreign currency translation	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$16.00M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$-1.00B	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$289.00M	USD	1 Quarter
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$693.00M	USD	1 Quarter
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$-650.00M	USD	1 Quarter
Amounts attributable to noncontrolling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$60.00M	USD	1 Quarter
Amounts attributable to noncontrolling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$-76.00M	USD	1 Quarter
Total comprehensive income (loss) attributable to Loews Corporation	`ComprehensiveIncomeNetOfTax`	$633.00M	USD	1 Quarter
Total comprehensive income (loss) attributable to Loews Corporation	`ComprehensiveIncomeNetOfTax`	$-574.00M	USD	1 Quarter

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