10-Q Filing

LOEWS CORP CIK: 60086 Q2 2023

Filing Information

Form Type	10-Q
Accession Number	`0000060086-23-000134`
Period End Date	20230630
Filing Date	20230731
Fiscal Year	2023
Fiscal Period	Q2
XBRL Instance	l-20230630_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 102 Income Statement 96 Cash Flow Statement 70 Stockholders Equity 47 Comprehensive Income 48

Balance Sheet 102 line items

Line Item	Tag	Value	Unit	Period
Fixed maturities, amortized cost of $42,037 and $41,102, less allowance for credit loss of $22 and $1	`DebtSecuritiesAvailableForSaleExcludingAccruedInterest`	$38.93B	USD	Point-in-time
Fixed maturities, amortized cost	`DebtSecuritiesAvailableForSaleAmortizedCostExcludingAccruedInterestBeforeAllowanceForCreditLoss`	$42.04B	USD	Point-in-time
Fixed maturities, amortized cost of $42,037 and $41,102, less allowance for credit loss of $22 and $1	`DebtSecuritiesAvailableForSaleExcludingAccruedInterest`	$37.70B	USD	Point-in-time
Fixed maturities, amortized cost	`DebtSecuritiesAvailableForSaleAmortizedCostExcludingAccruedInterestBeforeAllowanceForCreditLoss`	$41.10B	USD	Point-in-time
Equity securities, cost of $1,063 and $1,161	`EquitySecuritiesFvNi`	$1.05B	USD	Point-in-time
Equity securities, cost of $1,063 and $1,161	`EquitySecuritiesFvNi`	$1.14B	USD	Point-in-time
Fixed maturities, allowance for credit loss	`DebtSecuritiesAvailableForSaleAmortizedCostAllowanceForCreditLossExcludingAccruedInterestCurrent`	$22.00M	USD	Point-in-time
Fixed maturities, allowance for credit loss	`DebtSecuritiesAvailableForSaleAmortizedCostAllowanceForCreditLossExcludingAccruedInterestCurrent`	$1.00M	USD	Point-in-time
Limited partnership investments	`InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures`	$2.02B	USD	Point-in-time
Limited partnership investments	`InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures`	$1.95B	USD	Point-in-time
Equity securities, cost	`EquitySecuritiesFvNiCost`	$1.06B	USD	Point-in-time
Equity securities, cost	`EquitySecuritiesFvNiCost`	$1.16B	USD	Point-in-time
Other invested assets, primarily mortgage loans, allowance for credit loss	`FinancingReceivableAllowanceForCreditLosses`	$30.00M	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 $30 and $24	`OtherInvestments`	$1.12B	USD	Point-in-time
Other invested assets, primarily mortgage loans, less allowance for credit loss of $30 and $24	`OtherInvestments`	$1.09B	USD	Point-in-time
Short term investments	`MarketableSecuritiesCurrent`	$4.48B	USD	Point-in-time
Short term investments	`MarketableSecuritiesCurrent`	$4.85B	USD	Point-in-time
Total investments	`Investments`	$46.77B	USD	Point-in-time
Total investments	`Investments`	$47.56B	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
Cash	`Cash`	$463.00M	USD	Point-in-time
Preferred stock, par value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.10	USD	Point-in-time
Receivables	`AccountsReceivableNet`	$9.40B	USD	Point-in-time
Preferred stock, shares authorized (in shares)	`PreferredStockSharesAuthorized`	100.00M	shares	Point-in-time
Receivables	`AccountsReceivableNet`	$9.93B	USD	Point-in-time
Preferred stock, shares authorized (in shares)	`PreferredStockSharesAuthorized`	100.00M	shares	Point-in-time
Property, plant and equipment	`PropertyPlantAndEquipmentNet`	$10.33B	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
Goodwill	`Goodwill`	$347.00M	USD	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	1.80B	shares	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
Deferred non-insurance warranty acquisition expenses	`CapitalizedContractCostNet`	$3.69B	USD	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	236.31M	shares	Point-in-time
Treasury stock, shares (in shares)	`TreasuryStockCommonShares`	10.19M	shares	Point-in-time
Deferred acquisition costs of insurance subsidiaries	`DeferredPolicyAcquisitionCosts`	$806.00M	USD	Point-in-time
Treasury stock, shares (in shares)	`TreasuryStockCommonShares`	198,875.00	shares	Point-in-time
Deferred acquisition costs of insurance subsidiaries	`DeferredPolicyAcquisitionCosts`	$885.00M	USD	Point-in-time
Other assets	`OtherAssets`	$4.15B	USD	Point-in-time
Other assets	`OtherAssets`	$4.01B	USD	Point-in-time
Total assets	`Assets`	$75.57B	USD	Point-in-time
Total assets	`Assets`	$77.35B	USD	Point-in-time
Claim and claim adjustment expense	`LiabilityForClaimsAndClaimsAdjustmentExpense`	$21.62B	USD	Point-in-time
Claim and claim adjustment expense	`LiabilityForClaimsAndClaimsAdjustmentExpense`	$22.80B	USD	Point-in-time
Claim and claim adjustment expense	`LiabilityForClaimsAndClaimsAdjustmentExpense`	$21.27B	USD	Point-in-time
Claim and claim adjustment expense	`LiabilityForClaimsAndClaimsAdjustmentExpense`	$22.12B	USD	Point-in-time
Future policy benefits	`LiabilityForFuturePolicyBenefits`	$13.67B	USD	Point-in-time
Future policy benefits	`LiabilityForFuturePolicyBenefits`	$13.48B	USD	Point-in-time
Future policy benefits	`LiabilityForFuturePolicyBenefits`	$14.16B	USD	Point-in-time
Future policy benefits	`LiabilityForFuturePolicyBenefits`	$19.13B	USD	Point-in-time
Unearned premiums	`UnearnedPremiums`	$6.98B	USD	Point-in-time
Unearned premiums	`UnearnedPremiums`	$6.37B	USD	Point-in-time
Total insurance reserves	`InsuranceReserves`	$41.97B	USD	Point-in-time
Total insurance reserves	`InsuranceReserves`	$43.45B	USD	Point-in-time
Payable to brokers	`PayablesToBrokerDealersAndClearingOrganizations`	$133.00M	USD	Point-in-time
Payable to brokers	`PayablesToBrokerDealersAndClearingOrganizations`	$191.00M	USD	Point-in-time
Short term debt	`LongTermDebtAndCapitalLeaseObligationsCurrent`	$961.00M	USD	Point-in-time
Short term debt	`LongTermDebtAndCapitalLeaseObligationsCurrent`	$854.00M	USD	Point-in-time
Long term debt	`LongTermDebtAndCapitalLeaseObligations`	$8.16B	USD	Point-in-time
Long term debt	`LongTermDebtAndCapitalLeaseObligations`	$8.09B	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxLiabilitiesNet`	$243.00M	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxLiabilitiesNet`	$257.00M	USD	Point-in-time
Deferred non-insurance warranty revenue	`ContractWithCustomerLiability`	$4.74B	USD	Point-in-time
Deferred non-insurance warranty revenue	`ContractWithCustomerLiability`	$4.71B	USD	Point-in-time
Other liabilities	`OtherLiabilities`	$4.19B	USD	Point-in-time
Other liabilities	`OtherLiabilities`	$4.28B	USD	Point-in-time
Total liabilities	`Liabilities`	$60.37B	USD	Point-in-time
Total liabilities	`Liabilities`	$61.88B	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 236,305,517 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 236,305,517 and 236,159,866 shares	`CommonStockValue`	$2.00M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$2.75B	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$2.73B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$15.64B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$14.93B	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-3.16B	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-3.32B	USD	Point-in-time
Shareholders' equity before treasury stock, total	`StockholdersEquityBeforeTreasuryStock`	$15.21B	USD	Point-in-time
Shareholders' equity before treasury stock, total	`StockholdersEquityBeforeTreasuryStock`	$14.36B	USD	Point-in-time
Less treasury stock, at cost (10,194,421 and 198,875 shares)	`TreasuryStockCommonValue`	$604.00M	USD	Point-in-time
Less treasury stock, at cost (10,194,421 and 198,875 shares)	`TreasuryStockCommonValue`	$12.00M	USD	Point-in-time
Total shareholders equity	`StockholdersEquity`	$14.60B	USD	Point-in-time
Total shareholders equity	`StockholdersEquity`	$14.35B	USD	Point-in-time
Noncontrolling interests	`MinorityInterest`	$867.00M	USD	Point-in-time
Noncontrolling interests	`MinorityInterest`	$852.00M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$17.47B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$16.58B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$15.31B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$15.20B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$15.47B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$15.71B	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$77.35B	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$75.57B	USD	Point-in-time

Income Statement 96 line items

Line Item	Tag	Value	Unit	Period
Re-measurement gain of insurance claims and policyholders benefits	`InsuranceClaimsAndPolicyholdersBenefitsIncludingPolicyholdersDividendsRemeasurementImpact`	$6.00M	USD	2 Qtrs
Re-measurement gain of insurance claims and policyholders benefits	`InsuranceClaimsAndPolicyholdersBenefitsIncludingPolicyholdersDividendsRemeasurementImpact`	$-34.00M	USD	2 Qtrs
Re-measurement gain of insurance claims and policyholders benefits	`InsuranceClaimsAndPolicyholdersBenefitsIncludingPolicyholdersDividendsRemeasurementImpact`	$-33.00M	USD	1 Quarter
Re-measurement gain of insurance claims and policyholders benefits	`InsuranceClaimsAndPolicyholdersBenefitsIncludingPolicyholdersDividendsRemeasurementImpact`	$1.00M	USD	1 Quarter
Insurance premiums	`PremiumsEarnedNet`	$4.59B	USD	2 Qtrs
Insurance premiums	`PremiumsEarnedNet`	$2.15B	USD	1 Quarter
Insurance premiums	`PremiumsEarnedNet`	$2.35B	USD	1 Quarter
Insurance premiums	`PremiumsEarnedNet`	$4.21B	USD	2 Qtrs
Net investment income	`NetInvestmentIncome`	$798.00M	USD	2 Qtrs
Net investment income	`NetInvestmentIncome`	$1.16B	USD	2 Qtrs
Net investment income	`NetInvestmentIncome`	$366.00M	USD	1 Quarter
Net investment income	`NetInvestmentIncome`	$592.00M	USD	1 Quarter
Investment gains (losses)	`GainLossOnInvestments`	$-59.00M	USD	1 Quarter
Investment gains (losses)	`GainLossOnInvestments`	$-21.00M	USD	2 Qtrs
Investment gains (losses)	`GainLossOnInvestments`	$14.00M	USD	1 Quarter
Investment gains (losses)	`GainLossOnInvestments`	$-70.00M	USD	2 Qtrs
Non-insurance warranty revenue	`NonInsuranceWarrantyRevenue`	$774.00M	USD	2 Qtrs
Non-insurance warranty revenue	`NonInsuranceWarrantyRevenue`	$407.00M	USD	1 Quarter
Non-insurance warranty revenue	`NonInsuranceWarrantyRevenue`	$814.00M	USD	2 Qtrs
Non-insurance warranty revenue	`NonInsuranceWarrantyRevenue`	$392.00M	USD	1 Quarter
Operating revenues and other	`RevenueFromContractWithCustomerExcludingAssessedTaxAndOther`	$574.00M	USD	1 Quarter
Operating revenues and other	`RevenueFromContractWithCustomerExcludingAssessedTaxAndOther`	$534.00M	USD	1 Quarter
Operating revenues and other	`RevenueFromContractWithCustomerExcludingAssessedTaxAndOther`	$1.07B	USD	2 Qtrs
Operating revenues and other	`RevenueFromContractWithCustomerExcludingAssessedTaxAndOther`	$1.17B	USD	2 Qtrs
Total	`Revenues`	$3.93B	USD	1 Quarter
Total	`Revenues`	$3.39B	USD	1 Quarter
Total	`Revenues`	$7.72B	USD	2 Qtrs
Total	`Revenues`	$6.79B	USD	2 Qtrs
Insurance claims and policyholders benefits (re-measurement gain (loss) of $(33), $1, $(34), and $6)	`PolicyholderBenefitsAndClaimsIncurredNet`	$1.78B	USD	1 Quarter
Insurance claims and policyholders benefits (re-measurement gain (loss) of $(33), $1, $(34), and $6)	`PolicyholderBenefitsAndClaimsIncurredNet`	$1.60B	USD	1 Quarter
Insurance claims and policyholders benefits (re-measurement gain (loss) of $(33), $1, $(34), and $6)	`PolicyholderBenefitsAndClaimsIncurredNet`	$3.43B	USD	2 Qtrs
Insurance claims and policyholders benefits (re-measurement gain (loss) of $(33), $1, $(34), and $6)	`PolicyholderBenefitsAndClaimsIncurredNet`	$3.08B	USD	2 Qtrs
Amortization of deferred acquisition costs	`DeferredPolicyAcquisitionCostAmortizationExpense`	$782.00M	USD	2 Qtrs
Amortization of deferred acquisition costs	`DeferredPolicyAcquisitionCostAmortizationExpense`	$718.00M	USD	2 Qtrs
Amortization of deferred acquisition costs	`DeferredPolicyAcquisitionCostAmortizationExpense`	$374.00M	USD	1 Quarter
Amortization of deferred acquisition costs	`DeferredPolicyAcquisitionCostAmortizationExpense`	$403.00M	USD	1 Quarter
Non-insurance warranty expense	`NonInsuranceWarrantyExpense`	$384.00M	USD	1 Quarter
Non-insurance warranty expense	`NonInsuranceWarrantyExpense`	$721.00M	USD	2 Qtrs
Non-insurance warranty expense	`NonInsuranceWarrantyExpense`	$367.00M	USD	1 Quarter
Non-insurance warranty expense	`NonInsuranceWarrantyExpense`	$768.00M	USD	2 Qtrs
Operating expenses and other	`OtherCostAndExpenseOperating`	$1.48B	USD	2 Qtrs
Operating expenses and other	`OtherCostAndExpenseOperating`	$1.59B	USD	2 Qtrs
Operating expenses and other	`OtherCostAndExpenseOperating`	$766.00M	USD	1 Quarter
Operating expenses and other	`OtherCostAndExpenseOperating`	$808.00M	USD	1 Quarter
Equity method income	`IncomeLossFromEquityMethodInvestments`	$51.00M	USD	1 Quarter
Equity method income	`IncomeLossFromEquityMethodInvestments`	$67.00M	USD	2 Qtrs
Equity method income	`IncomeLossFromEquityMethodInvestments`	$76.00M	USD	2 Qtrs
Equity method income	`IncomeLossFromEquityMethodInvestments`	$39.00M	USD	1 Quarter
Interest	`InterestExpense`	$186.00M	USD	2 Qtrs
Interest	`InterestExpense`	$192.00M	USD	2 Qtrs
Interest	`InterestExpense`	$91.00M	USD	1 Quarter
Interest	`InterestExpense`	$96.00M	USD	1 Quarter
Total	`BenefitsLossesAndExpenses`	$3.43B	USD	1 Quarter
Total	`BenefitsLossesAndExpenses`	$6.12B	USD	2 Qtrs
Total	`BenefitsLossesAndExpenses`	$3.15B	USD	1 Quarter
Total	`BenefitsLossesAndExpenses`	$6.69B	USD	2 Qtrs
Income before income tax	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$674.00M	USD	2 Qtrs
Income before income tax	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$235.00M	USD	1 Quarter
Income before income tax	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$508.00M	USD	1 Quarter
Income before income tax	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$1.03B	USD	2 Qtrs
Income tax expense	`IncomeTaxExpenseBenefit`	$235.00M	USD	2 Qtrs
Income tax expense	`IncomeTaxExpenseBenefit`	$135.00M	USD	2 Qtrs
Income tax expense	`IncomeTaxExpenseBenefit`	$48.00M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$120.00M	USD	1 Quarter
Net income	`ProfitLoss`	$187.00M	USD	1 Quarter
Net income	`ProfitLoss`	$539.00M	USD	2 Qtrs
Net income	`ProfitLoss`	$388.00M	USD	1 Quarter
Net income	`ProfitLoss`	$792.00M	USD	2 Qtrs
Amounts attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$20.00M	USD	1 Quarter
Amounts attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$28.00M	USD	1 Quarter
Amounts attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$50.00M	USD	2 Qtrs
Amounts attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$57.00M	USD	2 Qtrs
Net income attributable to Loews Corporation	`NetIncomeLoss`	$360.00M	USD	1 Quarter
Net income attributable to Loews Corporation	`NetIncomeLoss`	$167.00M	USD	1 Quarter
Net income attributable to Loews Corporation	`NetIncomeLoss`	$735.00M	USD	2 Qtrs
Net income attributable to Loews Corporation	`NetIncomeLoss`	$489.00M	USD	2 Qtrs
Basic net income per share (in dollars per share)	`EarningsPerShareBasic`	$1.98	USD	2 Qtrs
Basic net income per share (in dollars per share)	`EarningsPerShareBasic`	$3.19	USD	2 Qtrs
Basic net income per share (in dollars per share)	`EarningsPerShareBasic`	$0.68	USD	1 Quarter
Basic net income per share (in dollars per share)	`EarningsPerShareBasic`	$1.58	USD	1 Quarter
Diluted net income per share (in dollars per share)	`EarningsPerShareDiluted`	$3.19	USD	2 Qtrs
Diluted net income per share (in dollars per share)	`EarningsPerShareDiluted`	$0.68	USD	1 Quarter
Diluted net income per share (in dollars per share)	`EarningsPerShareDiluted`	$1.58	USD	1 Quarter
Diluted net income per share (in dollars per share)	`EarningsPerShareDiluted`	$1.98	USD	2 Qtrs
Shares of common stock (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	227.69M	shares	1 Quarter
Shares of common stock (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	230.48M	shares	2 Qtrs
Shares of common stock (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	245.45M	shares	1 Quarter
Shares of common stock (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	246.70M	shares	2 Qtrs
Dilutive potential shares of common stock (in shares)	`WeightedAverageNumberDilutedSharesOutstandingAdjustment`	500,000.00	shares	2 Qtrs
Dilutive potential shares of common stock (in shares)	`WeightedAverageNumberDilutedSharesOutstandingAdjustment`	280,000.00	shares	1 Quarter
Dilutive potential shares of common stock (in shares)	`WeightedAverageNumberDilutedSharesOutstandingAdjustment`	300,000.00	shares	2 Qtrs
Dilutive potential shares of common stock (in shares)	`WeightedAverageNumberDilutedSharesOutstandingAdjustment`	490,000.00	shares	1 Quarter
Total weighted average shares outstanding assuming dilution (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	227.97M	shares	1 Quarter
Total weighted average shares outstanding assuming dilution (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	245.94M	shares	1 Quarter
Total weighted average shares outstanding assuming dilution (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	230.78M	shares	2 Qtrs
Total weighted average shares outstanding assuming dilution (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	247.20M	shares	2 Qtrs

Cash Flow Statement 70 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$187.00M	USD	1 Quarter
Net income	`ProfitLoss`	$539.00M	USD	2 Qtrs
Net income	`ProfitLoss`	$388.00M	USD	1 Quarter
Net income	`ProfitLoss`	$792.00M	USD	2 Qtrs
Adjustments to reconcile net income to net cash provided by operating activities, net	`AdjustmentsNoncashItemsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities`	$300.00M	USD	2 Qtrs
Adjustments to reconcile net income to net cash provided by operating activities, net	`AdjustmentsNoncashItemsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities`	$497.00M	USD	2 Qtrs
Receivables	`IncreaseDecreaseInAccountsReceivable`	$456.00M	USD	2 Qtrs
Receivables	`IncreaseDecreaseInAccountsReceivable`	$634.00M	USD	2 Qtrs
Deferred acquisition costs	`IncreaseDecreaseInDeferredPolicyAcquisitionCosts`	$74.00M	USD	2 Qtrs
Deferred acquisition costs	`IncreaseDecreaseInDeferredPolicyAcquisitionCosts`	$63.00M	USD	2 Qtrs
Insurance reserves	`IncreaseDecreaseInInsuranceLiabilities`	$1.42B	USD	2 Qtrs
Insurance reserves	`IncreaseDecreaseInInsuranceLiabilities`	$1.17B	USD	2 Qtrs
Other assets	`IncreaseDecreaseInOtherOperatingAssets`	$173.00M	USD	2 Qtrs
Other assets	`IncreaseDecreaseInOtherOperatingAssets`	$360.00M	USD	2 Qtrs
Other liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$-139.00M	USD	2 Qtrs
Other liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$87.00M	USD	2 Qtrs
Trading securities	`IncreaseDecreaseInTradingSecurities`	$37.00M	USD	2 Qtrs
Trading securities	`IncreaseDecreaseInTradingSecurities`	$-738.00M	USD	2 Qtrs
Net cash flow provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$2.15B	USD	2 Qtrs
Net cash flow provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$1.45B	USD	2 Qtrs
Purchases of fixed maturities	`PaymentsToAcquireAvailableForSaleSecuritiesDebt`	$6.25B	USD	2 Qtrs
Purchases of fixed maturities	`PaymentsToAcquireAvailableForSaleSecuritiesDebt`	$3.51B	USD	2 Qtrs
Proceeds from sales of fixed maturities	`ProceedsFromSaleOfAvailableForSaleSecuritiesDebt`	$2.29B	USD	2 Qtrs
Proceeds from sales of fixed maturities	`ProceedsFromSaleOfAvailableForSaleSecuritiesDebt`	$3.29B	USD	2 Qtrs
Proceeds from maturities of fixed maturities	`ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities`	$613.00M	USD	2 Qtrs
Proceeds from maturities of fixed maturities	`ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities`	$1.72B	USD	2 Qtrs
Purchases of equity securities	`PaymentsToAcquireEquitySecurities`	$126.00M	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`	$121.00M	USD	2 Qtrs
Purchases of limited partnership investments	`PaymentsToAcquireLimitedPartnershipInterests`	$168.00M	USD	2 Qtrs
Purchases of limited partnership investments	`PaymentsToAcquireLimitedPartnershipInterests`	$245.00M	USD	2 Qtrs
Proceeds from sales of limited partnership investments	`ProceedsFromLimitedPartnershipInvestments`	$134.00M	USD	2 Qtrs
Proceeds from sales of limited partnership investments	`ProceedsFromLimitedPartnershipInvestments`	$132.00M	USD	2 Qtrs
Purchases of property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$299.00M	USD	2 Qtrs
Purchases of property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$312.00M	USD	2 Qtrs
Change in short term investments	`PaymentsForProceedsFromShortTermInvestments`	$322.00M	USD	2 Qtrs
Change in short term investments	`PaymentsForProceedsFromShortTermInvestments`	$-739.00M	USD	2 Qtrs
Other, net	`PaymentsForProceedsFromOtherInvestingActivities`	$-66.00M	USD	2 Qtrs
Other, net	`PaymentsForProceedsFromOtherInvestingActivities`	$120.00M	USD	2 Qtrs
Net cash flow used by investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-786.00M	USD	2 Qtrs
Net cash flow used by investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-1.47B	USD	2 Qtrs
Dividends paid	`PaymentsOfDividendsCommonStock`	$31.00M	USD	2 Qtrs
Dividends paid	`PaymentsOfDividendsCommonStock`	$29.00M	USD	2 Qtrs
Dividends paid to noncontrolling interests	`PaymentsOfDividendsMinorityInterest`	$79.00M	USD	2 Qtrs
Dividends paid to noncontrolling interests	`PaymentsOfDividendsMinorityInterest`	$55.00M	USD	2 Qtrs
Purchases of Loews Corporation treasury stock	`PaymentsForRepurchaseOfCommonStock`	$593.00M	USD	2 Qtrs
Purchases of Loews Corporation treasury stock	`PaymentsForRepurchaseOfCommonStock`	$380.00M	USD	2 Qtrs
Purchases of subsidiary stock from noncontrolling interests	`PaymentsForRepurchaseOfRedeemableNoncontrollingInterest`	$26.00M	USD	2 Qtrs
Purchases of subsidiary stock from noncontrolling interests	`PaymentsForRepurchaseOfRedeemableNoncontrollingInterest`	$21.00M	USD	2 Qtrs
Principal payments on debt	`RepaymentsOfDebt`	$502.00M	USD	2 Qtrs
Principal payments on debt	`RepaymentsOfDebt`	$301.00M	USD	2 Qtrs
Issuance of debt	`ProceedsFromIssuanceOfDebt`	$463.00M	USD	2 Qtrs
Issuance of debt	`ProceedsFromIssuanceOfDebt`	$498.00M	USD	2 Qtrs
Other, net	`ProceedsFromPaymentsForOtherFinancingActivities`	$-4.00M	USD	2 Qtrs
Other, net	`ProceedsFromPaymentsForOtherFinancingActivities`	$-17.00M	USD	2 Qtrs
Net cash flow used by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-318.00M	USD	2 Qtrs
Net cash flow used by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-759.00M	USD	2 Qtrs
Effect of foreign exchange rate on cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$4.00M	USD	2 Qtrs
Effect of foreign exchange rate on cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-12.00M	USD	2 Qtrs
Net change in cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$330.00M	USD	2 Qtrs
Net change in cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-69.00M	USD	2 Qtrs
Cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$532.00M	USD	Point-in-time
Cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$621.00M	USD	Point-in-time
Cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$463.00M	USD	Point-in-time
Cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$951.00M	USD	Point-in-time
Cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$532.00M	USD	Point-in-time
Cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$621.00M	USD	Point-in-time
Cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$463.00M	USD	Point-in-time
Cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$951.00M	USD	Point-in-time

Stockholders Equity 47 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`	$0.12	USD	2 Qtrs
Dividends paid (in dollars per share)	`CommonStockDividendsPerShareCashPaid`	$0.06	USD	1 Quarter
Balance at beginning of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$17.47B	USD	Point-in-time
Balance at beginning of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$16.58B	USD	Point-in-time
Balance at beginning of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$15.31B	USD	Point-in-time
Balance at beginning of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$15.20B	USD	Point-in-time
Balance at beginning of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$15.47B	USD	Point-in-time
Balance at beginning of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$15.71B	USD	Point-in-time
Net income	`ProfitLoss`	$187.00M	USD	1 Quarter
Net income	`ProfitLoss`	$539.00M	USD	2 Qtrs
Net income	`ProfitLoss`	$388.00M	USD	1 Quarter
Net income	`ProfitLoss`	$792.00M	USD	2 Qtrs
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$-1.78B	USD	2 Qtrs
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$180.00M	USD	2 Qtrs
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$-778.00M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$-109.00M	USD	1 Quarter
Dividends paid	`DividendsCash`	$84.00M	USD	2 Qtrs
Dividends paid	`DividendsCash`	$110.00M	USD	2 Qtrs
Dividends paid	`DividendsCash`	$26.00M	USD	1 Quarter
Dividends paid	`DividendsCash`	$25.00M	USD	1 Quarter
Purchase of subsidiary stock from noncontrolling interests	`MinorityInterestDecreaseFromRedemptions`	$26.00M	USD	2 Qtrs
Purchase of subsidiary stock from noncontrolling interests	`MinorityInterestDecreaseFromRedemptions`	$2.00M	USD	1 Quarter
Purchase of subsidiary stock from noncontrolling interests	`MinorityInterestDecreaseFromRedemptions`	$21.00M	USD	2 Qtrs
Purchases of Loews Corporation treasury stock	`TreasuryStockValueAcquiredCostMethod`	$593.00M	USD	2 Qtrs
Purchases of Loews Corporation treasury stock	`TreasuryStockValueAcquiredCostMethod`	$255.00M	USD	1 Quarter
Purchases of Loews Corporation treasury stock	`TreasuryStockValueAcquiredCostMethod`	$107.00M	USD	1 Quarter
Purchases of Loews Corporation treasury stock	`TreasuryStockValueAcquiredCostMethod`	$384.00M	USD	2 Qtrs
Stock-based compensation	`ShareBasedPaymentArrangementIncreaseDecreaseForCostRecognition`	$12.00M	USD	1 Quarter
Stock-based compensation	`ShareBasedPaymentArrangementIncreaseDecreaseForCostRecognition`	$5.00M	USD	2 Qtrs
Stock-based compensation	`ShareBasedPaymentArrangementIncreaseDecreaseForCostRecognition`	$9.00M	USD	1 Quarter
Stock-based compensation	`ShareBasedPaymentArrangementIncreaseDecreaseForCostRecognition`	$2.00M	USD	2 Qtrs
Other	`StockholdersEquityOther`	$3.00M	USD	2 Qtrs
Other	`StockholdersEquityOther`	$5.00M	USD	2 Qtrs
Other	`StockholdersEquityOther`	$-2.00M	USD	1 Quarter
Other	`StockholdersEquityOther`	$2.00M	USD	1 Quarter
Balance at end of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$17.47B	USD	Point-in-time
Balance at end of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$16.58B	USD	Point-in-time
Balance at end of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$15.31B	USD	Point-in-time
Balance at end of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$15.20B	USD	Point-in-time
Balance at end of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$15.47B	USD	Point-in-time
Balance at end of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$15.71B	USD	Point-in-time
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`	$0.12	USD	2 Qtrs
Dividends paid (in dollars per share)	`CommonStockDividendsPerShareCashPaid`	$0.06	USD	1 Quarter

Comprehensive Income 48 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$187.00M	USD	1 Quarter
Net income	`ProfitLoss`	$539.00M	USD	2 Qtrs
Net income	`ProfitLoss`	$388.00M	USD	1 Quarter
Net income	`ProfitLoss`	$792.00M	USD	2 Qtrs
Net unrealized losses on investments with an allowance for credit losses	`OCIDebtSecuritiesAvailableForSaleInvestmentsWithAllowanceForCreditLossesUnrealizedHoldingGainLossAfterAdjustmentAfterTax`	$-9.00M	USD	2 Qtrs
Net unrealized losses on investments with an allowance for credit losses	`OCIDebtSecuritiesAvailableForSaleInvestmentsWithAllowanceForCreditLossesUnrealizedHoldingGainLossAfterAdjustmentAfterTax`	$-6.00M	USD	2 Qtrs
Net unrealized losses on investments with an allowance for credit losses	`OCIDebtSecuritiesAvailableForSaleInvestmentsWithAllowanceForCreditLossesUnrealizedHoldingGainLossAfterAdjustmentAfterTax`	$-1.00M	USD	1 Quarter
Net unrealized losses on investments with an allowance for credit losses	`OCIDebtSecuritiesAvailableForSaleInvestmentsWithAllowanceForCreditLossesUnrealizedHoldingGainLossAfterAdjustmentAfterTax`	$-2.00M	USD	1 Quarter
Net unrealized gains (losses) on other investments	`OCIDebtSecuritiesAvailableForSaleOtherInvestmentsUnrealizedHoldingGainLossAfterAdjustmentAfterTax`	$-2.23B	USD	1 Quarter
Net unrealized gains (losses) on other investments	`OCIDebtSecuritiesAvailableForSaleOtherInvestmentsUnrealizedHoldingGainLossAfterAdjustmentAfterTax`	$257.00M	USD	2 Qtrs
Net unrealized gains (losses) on other investments	`OCIDebtSecuritiesAvailableForSaleOtherInvestmentsUnrealizedHoldingGainLossAfterAdjustmentAfterTax`	$-413.00M	USD	1 Quarter
Net unrealized gains (losses) on other investments	`OCIDebtSecuritiesAvailableForSaleOtherInvestmentsUnrealizedHoldingGainLossAfterAdjustmentAfterTax`	$-4.87B	USD	2 Qtrs
Total unrealized gains (losses) on investments	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$248.00M	USD	2 Qtrs
Total unrealized gains (losses) on investments	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$-414.00M	USD	1 Quarter
Total unrealized gains (losses) on investments	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$-4.88B	USD	2 Qtrs
Total unrealized gains (losses) on investments	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$-2.23B	USD	1 Quarter
Impact of changes in discount rates used to measure long-duration contract liabilities	`OciLiabilityForFuturePolicyBenefitGainLossAfterReclassificationAdjustmentAndTax`	$3.14B	USD	2 Qtrs
Impact of changes in discount rates used to measure long-duration contract liabilities	`OciLiabilityForFuturePolicyBenefitGainLossAfterReclassificationAdjustmentAndTax`	$256.00M	USD	1 Quarter
Impact of changes in discount rates used to measure long-duration contract liabilities	`OciLiabilityForFuturePolicyBenefitGainLossAfterReclassificationAdjustmentAndTax`	$-140.00M	USD	2 Qtrs
Impact of changes in discount rates used to measure long-duration contract liabilities	`OciLiabilityForFuturePolicyBenefitGainLossAfterReclassificationAdjustmentAndTax`	$1.51B	USD	1 Quarter
Unrealized gains on cash flow hedges	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	$6.00M	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`	$-6.00M	USD	1 Quarter
Pension and postretirement benefits	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$-15.00M	USD	2 Qtrs
Pension and postretirement benefits	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$-5.00M	USD	1 Quarter
Foreign currency translation	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-68.00M	USD	1 Quarter
Foreign currency translation	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$51.00M	USD	2 Qtrs
Foreign currency translation	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-83.00M	USD	2 Qtrs
Foreign currency translation	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$35.00M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$-1.78B	USD	2 Qtrs
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$180.00M	USD	2 Qtrs
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$-778.00M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$-109.00M	USD	1 Quarter
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$279.00M	USD	1 Quarter
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$-591.00M	USD	1 Quarter
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$-1.24B	USD	2 Qtrs
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$972.00M	USD	2 Qtrs
Amounts attributable to noncontrolling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$17.00M	USD	1 Quarter
Amounts attributable to noncontrolling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$-59.00M	USD	1 Quarter
Amounts attributable to noncontrolling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$-136.00M	USD	2 Qtrs
Amounts attributable to noncontrolling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$77.00M	USD	2 Qtrs
Total comprehensive income (loss) attributable to Loews Corporation	`ComprehensiveIncomeNetOfTax`	$-532.00M	USD	1 Quarter
Total comprehensive income (loss) attributable to Loews Corporation	`ComprehensiveIncomeNetOfTax`	$-1.10B	USD	2 Qtrs
Total comprehensive income (loss) attributable to Loews Corporation	`ComprehensiveIncomeNetOfTax`	$262.00M	USD	1 Quarter
Total comprehensive income (loss) attributable to Loews Corporation	`ComprehensiveIncomeNetOfTax`	$895.00M	USD	2 Qtrs

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