10-Q Filing

LOEWS CORP CIK: 60086 Q2 2020

Filing Information

Form Type	10-Q
Accession Number	`0001140361-20-017258`
Period End Date	20200630
Filing Date	20200803
Fiscal Year	2020
Fiscal Period	Q2
XBRL Instance	brhc10014003_10q_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 101 Income Statement 86 Cash Flow Statement 70 Stockholders Equity 46 Comprehensive Income 41

Balance Sheet 101 line items

Line Item	Tag	Value	Unit	Period
Fixed maturities, amortized cost of $38,414 and $38,157, less allowance for credit loss of $51 and $0	`AvailableForSaleSecuritiesDebtSecurities`	$42.24B	USD	Point-in-time
Fixed maturities, amortized cost	`AvailableForSaleDebtSecuritiesAmortizedCostBasis`	$38.41B	USD	Point-in-time
Fixed maturities, amortized cost of $38,414 and $38,157, less allowance for credit loss of $51 and $0	`AvailableForSaleSecuritiesDebtSecurities`	$42.80B	USD	Point-in-time
Fixed maturities, amortized cost	`AvailableForSaleDebtSecuritiesAmortizedCostBasis`	$38.16B	USD	Point-in-time
Equity securities, cost of $1,349 and $1,244	`EquitySecuritiesFvNi`	$1.30B	USD	Point-in-time
Fixed maturities, amortized cost, allowance for credit loss	`DebtSecuritiesAvailableForSaleAllowanceForCreditLoss`	-	USD	Point-in-time
Fixed maturities, amortized cost, allowance for credit loss	`DebtSecuritiesAvailableForSaleAllowanceForCreditLoss`	$49.00M	USD	Point-in-time
Fixed maturities, amortized cost, allowance for credit loss	`DebtSecuritiesAvailableForSaleAllowanceForCreditLoss`	$51.00M	USD	Point-in-time
Equity securities, cost of $1,349 and $1,244	`EquitySecuritiesFvNi`	$1.31B	USD	Point-in-time
Limited partnership investments	`InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures`	$1.74B	USD	Point-in-time
Equity securities, cost	`EquitySecuritiesFvNiCost`	$1.35B	USD	Point-in-time
Equity securities, cost	`EquitySecuritiesFvNiCost`	$1.24B	USD	Point-in-time
Limited partnership investments	`InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures`	$2.00B	USD	Point-in-time
Other invested assets, primarily mortgage loans, allowance for credit loss	`FinancingReceivableAllowanceForCreditLosses`	$20.00M	USD	Point-in-time
Other invested assets, primarily mortgage loans, allowance for credit loss	`FinancingReceivableAllowanceForCreditLosses`	-	USD	Point-in-time
Other invested assets, primarily mortgage loans, less allowance for credit loss of $20 and $0	`OtherInvestments`	$1.12B	USD	Point-in-time
Other invested assets, primarily mortgage loans, less allowance for credit loss of $20 and $0	`OtherInvestments`	$1.07B	USD	Point-in-time
Short term investments	`MarketableSecuritiesCurrent`	$4.63B	USD	Point-in-time
Short term investments	`MarketableSecuritiesCurrent`	$4.51B	USD	Point-in-time
Preferred stock, par value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.10	USD	Point-in-time
Preferred stock, par value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.10	USD	Point-in-time
Total investments	`Investments`	$51.49B	USD	Point-in-time
Total investments	`Investments`	$51.25B	USD	Point-in-time
Cash	`Cash`	$336.00M	USD	Point-in-time
Preferred stock, shares authorized (in shares)	`PreferredStockSharesAuthorized`	100.00M	shares	Point-in-time
Preferred stock, shares authorized (in shares)	`PreferredStockSharesAuthorized`	100.00M	shares	Point-in-time
Cash	`Cash`	$668.00M	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Receivables	`NotesReceivableNet`	$7.67B	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Receivables	`NotesReceivableNet`	$8.43B	USD	Point-in-time
Property, plant and equipment	`PropertyPlantAndEquipmentNet`	$10.47B	USD	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	1.80B	shares	Point-in-time
Property, plant and equipment	`PropertyPlantAndEquipmentNet`	$15.57B	USD	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	1.80B	shares	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	291.39M	shares	Point-in-time
Goodwill	`Goodwill`	$764.00M	USD	Point-in-time
Goodwill	`Goodwill`	$767.00M	USD	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	291.21M	shares	Point-in-time
Treasury stock, shares (in shares)	`TreasuryStockShares`	10.95M	shares	Point-in-time
Deferred non-insurance warranty acquisition expenses	`CapitalizedContractCostNet`	$2.92B	USD	Point-in-time
Deferred non-insurance warranty acquisition expenses	`CapitalizedContractCostNet`	$2.84B	USD	Point-in-time
Treasury stock, shares (in shares)	`TreasuryStockShares`	240,000.00	shares	Point-in-time
Deferred acquisition costs of insurance subsidiaries	`DeferredPolicyAcquisitionCosts`	$662.00M	USD	Point-in-time
Deferred acquisition costs of insurance subsidiaries	`DeferredPolicyAcquisitionCosts`	$699.00M	USD	Point-in-time
Other assets	`OtherAssets`	$3.00B	USD	Point-in-time
Other assets	`OtherAssets`	$3.15B	USD	Point-in-time
Total assets	`Assets`	$78.44B	USD	Point-in-time
Total assets	`Assets`	$82.24B	USD	Point-in-time
Claim and claim adjustment expense	`LiabilityForClaimsAndClaimsAdjustmentExpense`	$22.27B	USD	Point-in-time
Claim and claim adjustment expense	`LiabilityForClaimsAndClaimsAdjustmentExpense`	$21.98B	USD	Point-in-time
Claim and claim adjustment expense	`LiabilityForClaimsAndClaimsAdjustmentExpense`	$21.73B	USD	Point-in-time
Claim and claim adjustment expense	`LiabilityForClaimsAndClaimsAdjustmentExpense`	$21.72B	USD	Point-in-time
Future policy benefits	`LiabilityForFuturePolicyBenefits`	$12.31B	USD	Point-in-time
Future policy benefits	`LiabilityForFuturePolicyBenefits`	$12.60B	USD	Point-in-time
Unearned premiums	`UnearnedPremiums`	$5.00B	USD	Point-in-time
Unearned premiums	`UnearnedPremiums`	$4.58B	USD	Point-in-time
Total insurance reserves	`InsuranceReserves`	$38.61B	USD	Point-in-time
Total insurance reserves	`InsuranceReserves`	$39.86B	USD	Point-in-time
Payable to brokers	`PayablesToBrokerDealersAndClearingOrganizations`	$108.00M	USD	Point-in-time
Payable to brokers	`PayablesToBrokerDealersAndClearingOrganizations`	$985.00M	USD	Point-in-time
Short term debt	`ShortTermBorrowings`	$77.00M	USD	Point-in-time
Short term debt	`ShortTermBorrowings`	$47.00M	USD	Point-in-time
Long term debt	`LongTermDebt`	$11.46B	USD	Point-in-time
Long term debt	`LongTermDebt`	$9.96B	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxLiabilitiesNet`	$1.17B	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxLiabilitiesNet`	$875.00M	USD	Point-in-time
Deferred non-insurance warranty revenue	`ContractWithCustomerLiability`	$3.78B	USD	Point-in-time
Deferred non-insurance warranty revenue	`ContractWithCustomerLiability`	$3.85B	USD	Point-in-time
Other liabilities	`OtherLiabilities`	$5.11B	USD	Point-in-time
Other liabilities	`OtherLiabilities`	$4.45B	USD	Point-in-time
Total liabilities	`Liabilities`	$60.03B	USD	Point-in-time
Total liabilities	`Liabilities`	$60.31B	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 - 291,393,899 and 291,210,222 shares	`CommonStockValue`	$3.00M	USD	Point-in-time
Common stock, $0.01 par value: Authorized - 1,800,000,000 shares Issued - 291,393,899 and 291,210,222 shares	`CommonStockValue`	$3.00M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$3.37B	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$3.37B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$15.82B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$14.32B	USD	Point-in-time
Accumulated other comprehensive income (loss)	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-68.00M	USD	Point-in-time
Accumulated other comprehensive income (loss)	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$5.00M	USD	Point-in-time
Shareholders' equity before treasury stock, total	`StockholdersEquityBeforeTreasuryStock`	$19.13B	USD	Point-in-time
Shareholders' equity before treasury stock, total	`StockholdersEquityBeforeTreasuryStock`	$17.70B	USD	Point-in-time
Less treasury stock, at cost (10,949,702 and 240,000 shares)	`TreasuryStockValue`	$491.00M	USD	Point-in-time
Less treasury stock, at cost (10,949,702 and 240,000 shares)	`TreasuryStockValue`	$13.00M	USD	Point-in-time
Total shareholders' equity	`StockholdersEquity`	$17.20B	USD	Point-in-time
Total shareholders' equity	`StockholdersEquity`	$19.12B	USD	Point-in-time
Noncontrolling interests	`MinorityInterest`	$1.21B	USD	Point-in-time
Noncontrolling interests	`MinorityInterest`	$2.81B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$22.39B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$19.18B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$21.93B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$18.41B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$21.39B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$21.90B	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$78.44B	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$82.24B	USD	Point-in-time

Income Statement 86 line items

Line Item	Tag	Value	Unit	Period
Insurance premiums	`PremiumsEarnedNet`	$3.72B	USD	2 Qtrs
Insurance premiums	`PremiumsEarnedNet`	$1.82B	USD	1 Quarter
Insurance premiums	`PremiumsEarnedNet`	$3.63B	USD	2 Qtrs
Insurance premiums	`PremiumsEarnedNet`	$1.85B	USD	1 Quarter
Net investment income	`NetInvestmentIncome`	$1.21B	USD	2 Qtrs
Net investment income	`NetInvestmentIncome`	$551.00M	USD	1 Quarter
Net investment income	`NetInvestmentIncome`	$644.00M	USD	1 Quarter
Net investment income	`NetInvestmentIncome`	$807.00M	USD	2 Qtrs
Investment gains (losses) (Note 2)	`GainLossOnInvestments`	$-1.14B	USD	1 Quarter
Investment gains (losses) (Note 2)	`GainLossOnInvestments`	$2.00M	USD	1 Quarter
Investment gains (losses) (Note 2)	`GainLossOnInvestments`	$33.00M	USD	2 Qtrs
Investment gains (losses) (Note 2)	`GainLossOnInvestments`	$-1.36B	USD	2 Qtrs
Non-insurance warranty revenue	`NonInsuranceWarrantyRevenue`	$308.00M	USD	1 Quarter
Non-insurance warranty revenue	`NonInsuranceWarrantyRevenue`	$609.00M	USD	2 Qtrs
Non-insurance warranty revenue	`NonInsuranceWarrantyRevenue`	$566.00M	USD	2 Qtrs
Non-insurance warranty revenue	`NonInsuranceWarrantyRevenue`	$285.00M	USD	1 Quarter
Operating revenues and other	`RevenueFromContractWithCustomerExcludingAssessedTaxAndOther`	$1.63B	USD	2 Qtrs
Operating revenues and other	`RevenueFromContractWithCustomerExcludingAssessedTaxAndOther`	$1.95B	USD	2 Qtrs
Operating revenues and other	`RevenueFromContractWithCustomerExcludingAssessedTaxAndOther`	$961.00M	USD	1 Quarter
Operating revenues and other	`RevenueFromContractWithCustomerExcludingAssessedTaxAndOther`	$650.00M	USD	1 Quarter
Total	`Revenues`	$5.41B	USD	2 Qtrs
Total	`Revenues`	$2.31B	USD	1 Quarter
Total	`Revenues`	$7.38B	USD	2 Qtrs
Total	`Revenues`	$3.62B	USD	1 Quarter
Insurance claims and policyholders' benefits	`PolicyholderBenefitsAndClaimsIncurredNet`	$1.64B	USD	1 Quarter
Insurance claims and policyholders' benefits	`PolicyholderBenefitsAndClaimsIncurredNet`	$1.35B	USD	1 Quarter
Insurance claims and policyholders' benefits	`PolicyholderBenefitsAndClaimsIncurredNet`	$3.07B	USD	2 Qtrs
Insurance claims and policyholders' benefits	`PolicyholderBenefitsAndClaimsIncurredNet`	$2.71B	USD	2 Qtrs
Amortization of deferred acquisition costs	`DeferredPolicyAcquisitionCostAmortizationExpense`	$680.00M	USD	2 Qtrs
Amortization of deferred acquisition costs	`DeferredPolicyAcquisitionCostAmortizationExpense`	$686.00M	USD	2 Qtrs
Amortization of deferred acquisition costs	`DeferredPolicyAcquisitionCostAmortizationExpense`	$342.00M	USD	1 Quarter
Amortization of deferred acquisition costs	`DeferredPolicyAcquisitionCostAmortizationExpense`	$338.00M	USD	1 Quarter
Non-insurance warranty expense	`NonInsuranceWarrantyExpense`	$523.00M	USD	2 Qtrs
Non-insurance warranty expense	`NonInsuranceWarrantyExpense`	$263.00M	USD	1 Quarter
Non-insurance warranty expense	`NonInsuranceWarrantyExpense`	$285.00M	USD	1 Quarter
Non-insurance warranty expense	`NonInsuranceWarrantyExpense`	$566.00M	USD	2 Qtrs
Operating expenses and other	`OtherCostAndExpenseOperating`	$992.00M	USD	1 Quarter
Operating expenses and other	`OtherCostAndExpenseOperating`	$1.23B	USD	1 Quarter
Operating expenses and other	`OtherCostAndExpenseOperating`	$2.38B	USD	2 Qtrs
Operating expenses and other	`OtherCostAndExpenseOperating`	$3.02B	USD	2 Qtrs
Interest	`InterestExpense`	$305.00M	USD	2 Qtrs
Interest	`InterestExpense`	$123.00M	USD	1 Quarter
Interest	`InterestExpense`	$164.00M	USD	1 Quarter
Interest	`InterestExpense`	$267.00M	USD	2 Qtrs
Total	`BenefitsLossesAndExpenses`	$3.35B	USD	1 Quarter
Total	`BenefitsLossesAndExpenses`	$6.60B	USD	2 Qtrs
Total	`BenefitsLossesAndExpenses`	$3.38B	USD	1 Quarter
Total	`BenefitsLossesAndExpenses`	$7.60B	USD	2 Qtrs
Income (loss) before income tax	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$275.00M	USD	1 Quarter
Income (loss) before income tax	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$-1.07B	USD	1 Quarter
Income (loss) before income tax	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$-2.19B	USD	2 Qtrs
Income (loss) before income tax	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$783.00M	USD	2 Qtrs
Income tax (expense) benefit	`IncomeTaxExpenseBenefit`	$162.00M	USD	2 Qtrs
Income tax (expense) benefit	`IncomeTaxExpenseBenefit`	$-305.00M	USD	2 Qtrs
Income tax (expense) benefit	`IncomeTaxExpenseBenefit`	$-228.00M	USD	1 Quarter
Income tax (expense) benefit	`IncomeTaxExpenseBenefit`	$50.00M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$621.00M	USD	2 Qtrs
Net income (loss)	`ProfitLoss`	$-1.89B	USD	2 Qtrs
Net income (loss)	`ProfitLoss`	$225.00M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$-846.00M	USD	1 Quarter
Amounts attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$-423.00M	USD	2 Qtrs
Amounts attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$-22.00M	USD	2 Qtrs
Amounts attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$-24.00M	USD	1 Quarter
Amounts attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$-11.00M	USD	1 Quarter
Net income (loss) attributable to Loews Corporation	`NetIncomeLoss`	$-1.47B	USD	2 Qtrs
Net income (loss) attributable to Loews Corporation	`NetIncomeLoss`	$-835.00M	USD	1 Quarter
Net income (loss) attributable to Loews Corporation	`NetIncomeLoss`	$249.00M	USD	1 Quarter
Net income (loss) attributable to Loews Corporation	`NetIncomeLoss`	$643.00M	USD	2 Qtrs
Basic net income (loss) per share (in dollars per share)	`EarningsPerShareBasic`	$-2.96	USD	1 Quarter
Basic net income (loss) per share (in dollars per share)	`EarningsPerShareBasic`	$2.10	USD	2 Qtrs
Basic net income (loss) per share (in dollars per share)	`EarningsPerShareBasic`	$0.82	USD	1 Quarter
Basic net income (loss) per share (in dollars per share)	`EarningsPerShareBasic`	$-5.16	USD	2 Qtrs
Diluted net income (loss) per share (in dollars per share)	`EarningsPerShareDiluted`	$-2.96	USD	1 Quarter
Diluted net income (loss) per share (in dollars per share)	`EarningsPerShareDiluted`	$0.82	USD	1 Quarter
Diluted net income (loss) per share (in dollars per share)	`EarningsPerShareDiluted`	$-5.16	USD	2 Qtrs
Diluted net income (loss) per share (in dollars per share)	`EarningsPerShareDiluted`	$2.09	USD	2 Qtrs
Shares of common stock (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	281.48M	shares	1 Quarter
Shares of common stock (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	303.84M	shares	1 Quarter
Shares of common stock (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	306.82M	shares	2 Qtrs
Shares of common stock (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	284.26M	shares	2 Qtrs
Dilutive potential shares of common stock (in shares)	`WeightedAverageNumberDilutedSharesOutstandingAdjustment`	700,000.00	shares	1 Quarter
Dilutive potential shares of common stock (in shares)	`WeightedAverageNumberDilutedSharesOutstandingAdjustment`	620,000.00	shares	2 Qtrs
Total weighted average shares outstanding assuming dilution (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	304.54M	shares	1 Quarter
Total weighted average shares outstanding assuming dilution (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	307.44M	shares	2 Qtrs
Total weighted average shares outstanding assuming dilution (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	284.26M	shares	2 Qtrs
Total weighted average shares outstanding assuming dilution (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	281.48M	shares	1 Quarter

Cash Flow Statement 70 line items

Line Item	Tag	Value	Unit	Period
Net income (loss)	`ProfitLoss`	$621.00M	USD	2 Qtrs
Net income (loss)	`ProfitLoss`	$-1.89B	USD	2 Qtrs
Net income (loss)	`ProfitLoss`	$225.00M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$-846.00M	USD	1 Quarter
Adjustments to reconcile net income (loss) to net cash provided (used) by operating activities, net	`AdjustmentsNoncashItemsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities`	$2.43B	USD	2 Qtrs
Adjustments to reconcile net income (loss) to net cash provided (used) by operating activities, net	`AdjustmentsNoncashItemsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities`	$604.00M	USD	2 Qtrs
Receivables	`IncreaseDecreaseInReceivables`	$79.00M	USD	2 Qtrs
Receivables	`IncreaseDecreaseInReceivables`	$574.00M	USD	2 Qtrs
Deferred acquisition costs	`IncreaseDecreaseInDeferredPolicyAcquisitionCosts`	$47.00M	USD	2 Qtrs
Deferred acquisition costs	`IncreaseDecreaseInDeferredPolicyAcquisitionCosts`	$41.00M	USD	2 Qtrs
Insurance reserves	`IncreaseDecreaseInInsuranceLiabilities`	$203.00M	USD	2 Qtrs
Insurance reserves	`IncreaseDecreaseInInsuranceLiabilities`	$1.18B	USD	2 Qtrs
Other assets	`IncreaseDecreaseInOtherOperatingAssets`	$280.00M	USD	2 Qtrs
Other assets	`IncreaseDecreaseInOtherOperatingAssets`	$296.00M	USD	2 Qtrs
Other liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$-46.00M	USD	2 Qtrs
Other liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$73.00M	USD	2 Qtrs
Trading securities	`IncreaseDecreaseInTradingSecurities`	$605.00M	USD	2 Qtrs
Trading securities	`IncreaseDecreaseInTradingSecurities`	$340.00M	USD	2 Qtrs
Net cash flow provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$474.00M	USD	2 Qtrs
Net cash flow provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$440.00M	USD	2 Qtrs
Purchases of fixed maturities	`PaymentsToAcquireAvailableForSaleSecuritiesDebt`	$4.90B	USD	2 Qtrs
Purchases of fixed maturities	`PaymentsToAcquireAvailableForSaleSecuritiesDebt`	$5.36B	USD	2 Qtrs
Proceeds from sales of fixed maturities	`ProceedsFromSaleOfAvailableForSaleSecuritiesDebt`	$3.77B	USD	2 Qtrs
Proceeds from sales of fixed maturities	`ProceedsFromSaleOfAvailableForSaleSecuritiesDebt`	$3.86B	USD	2 Qtrs
Proceeds from maturities of fixed maturities	`ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities`	$1.37B	USD	2 Qtrs
Proceeds from maturities of fixed maturities	`ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities`	$1.62B	USD	2 Qtrs
Purchases of limited partnership investments	`PaymentsToAcquireLimitedPartnershipInterests`	$139.00M	USD	2 Qtrs
Purchases of limited partnership investments	`PaymentsToAcquireLimitedPartnershipInterests`	$90.00M	USD	2 Qtrs
Proceeds from sales of limited partnership investments	`ProceedsFromLimitedPartnershipInvestments`	$559.00M	USD	2 Qtrs
Proceeds from sales of limited partnership investments	`ProceedsFromLimitedPartnershipInvestments`	$259.00M	USD	2 Qtrs
Purchases of property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$440.00M	USD	2 Qtrs
Purchases of property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$505.00M	USD	2 Qtrs
Acquisitions	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$256.00M	USD	2 Qtrs
Dispositions	`ProceedsFromSaleOfProductiveAssets`	$136.00M	USD	2 Qtrs
Dispositions	`ProceedsFromSaleOfProductiveAssets`	$11.00M	USD	2 Qtrs
Deconsolidation of Diamond Offshore	`CashDivestedFromDeconsolidation`	$483.00M	USD	2 Qtrs
Change in short term investments	`IncreaseDecreaseInFinanceReceivables`	$-6.00M	USD	2 Qtrs
Change in short term investments	`IncreaseDecreaseInFinanceReceivables`	$-526.00M	USD	2 Qtrs
Other, net	`PaymentsForProceedsFromOtherInvestingActivities`	$93.00M	USD	2 Qtrs
Other, net	`PaymentsForProceedsFromOtherInvestingActivities`	$147.00M	USD	2 Qtrs
Net cash flow (used) provided by investing activities	`NetCashProvidedByUsedInInvestingActivities`	$44.00M	USD	2 Qtrs
Net cash flow (used) provided by investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-325.00M	USD	2 Qtrs
Dividends paid	`PaymentsOfDividendsCommonStock`	$36.00M	USD	2 Qtrs
Dividends paid	`PaymentsOfDividendsCommonStock`	$38.00M	USD	2 Qtrs
Dividends paid to noncontrolling interests	`PaymentsOfDividendsMinorityInterest`	$78.00M	USD	2 Qtrs
Dividends paid to noncontrolling interests	`PaymentsOfDividendsMinorityInterest`	$78.00M	USD	2 Qtrs
Purchases of Loews Corporation treasury stock	`PaymentsForRepurchaseOfCommonStock`	$478.00M	USD	2 Qtrs
Purchases of Loews Corporation treasury stock	`PaymentsForRepurchaseOfCommonStock`	$491.00M	USD	2 Qtrs
Purchases of subsidiary stock from noncontrolling interests	`PaymentsForRepurchaseOfRedeemableNoncontrollingInterest`	$16.00M	USD	2 Qtrs
Purchases of subsidiary stock from noncontrolling interests	`PaymentsForRepurchaseOfRedeemableNoncontrollingInterest`	$37.00M	USD	2 Qtrs
Principal payments on debt	`RepaymentsOfDebt`	$1.39B	USD	2 Qtrs
Principal payments on debt	`RepaymentsOfDebt`	$465.00M	USD	2 Qtrs
Issuance of debt	`ProceedsFromIssuanceOfDebt`	$1.53B	USD	2 Qtrs
Issuance of debt	`ProceedsFromIssuanceOfDebt`	$1.34B	USD	2 Qtrs
Other, net	`ProceedsFromPaymentsForOtherFinancingActivities`	$-15.00M	USD	2 Qtrs
Other, net	`ProceedsFromPaymentsForOtherFinancingActivities`	$-13.00M	USD	2 Qtrs
Net cash flow provided (used) by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-485.00M	USD	2 Qtrs
Net cash flow provided (used) by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$222.00M	USD	2 Qtrs
Effect of foreign exchange rate on cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$2.00M	USD	2 Qtrs
Effect of foreign exchange rate on cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-5.00M	USD	2 Qtrs
Net change in cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$35.00M	USD	2 Qtrs
Net change in cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$332.00M	USD	2 Qtrs
Cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$405.00M	USD	Point-in-time
Cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$668.00M	USD	Point-in-time
Cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$440.00M	USD	Point-in-time
Cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$336.00M	USD	Point-in-time
Cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$405.00M	USD	Point-in-time
Cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$668.00M	USD	Point-in-time
Cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$440.00M	USD	Point-in-time
Cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$336.00M	USD	Point-in-time

Stockholders Equity 46 line items

Line Item	Tag	Value	Unit	Period
Dividends paid per share (in dollars per share)	`CommonStockDividendsPerShareCashPaid`	$0.12	USD	2 Qtrs
Dividends paid per share (in dollars per share)	`CommonStockDividendsPerShareCashPaid`	$0.06	USD	1 Quarter
Dividends paid per share (in dollars per share)	`CommonStockDividendsPerShareCashPaid`	$0.06	USD	1 Quarter
Dividends paid per share (in dollars per share)	`CommonStockDividendsPerShareCashPaid`	$0.12	USD	2 Qtrs
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$22.39B	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$19.18B	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$21.93B	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$18.41B	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$21.39B	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$21.90B	USD	Point-in-time
Net income (loss)	`ProfitLoss`	$621.00M	USD	2 Qtrs
Net income (loss)	`ProfitLoss`	$-1.89B	USD	2 Qtrs
Net income (loss)	`ProfitLoss`	$225.00M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$-846.00M	USD	1 Quarter
Other comprehensive income	`OtherComprehensiveIncomeLossNetOfTax`	$84.00M	USD	2 Qtrs
Other comprehensive income	`OtherComprehensiveIncomeLossNetOfTax`	$1.23B	USD	1 Quarter
Other comprehensive income	`OtherComprehensiveIncomeLossNetOfTax`	$440.00M	USD	1 Quarter
Other comprehensive income	`OtherComprehensiveIncomeLossNetOfTax`	$989.00M	USD	2 Qtrs
Dividends paid	`DividendsCash`	$29.00M	USD	1 Quarter
Dividends paid	`DividendsCash`	$114.00M	USD	2 Qtrs
Dividends paid	`DividendsCash`	$116.00M	USD	2 Qtrs
Dividends paid	`DividendsCash`	$27.00M	USD	1 Quarter
Deconsolidation of Diamond Offshore	`NoncontrollingInterestDecreaseFromDeconsolidation`	$1.09B	USD	1 Quarter
Deconsolidation of Diamond Offshore	`NoncontrollingInterestDecreaseFromDeconsolidation`	$1.09B	USD	2 Qtrs
Purchases of Loews Corporation treasury stock	`TreasuryStockValueAcquiredCostMethod`	$473.00M	USD	2 Qtrs
Purchases of Loews Corporation treasury stock	`TreasuryStockValueAcquiredCostMethod`	$33.00M	USD	1 Quarter
Purchases of Loews Corporation treasury stock	`TreasuryStockValueAcquiredCostMethod`	$151.00M	USD	1 Quarter
Purchases of Loews Corporation treasury stock	`TreasuryStockValueAcquiredCostMethod`	$478.00M	USD	2 Qtrs
Purchases of subsidiary stock from noncontrolling interests	`NoncontrollingInterestIncreaseFromSubsidiaryEquityIssuance`	$2.00M	USD	1 Quarter
Purchases of subsidiary stock from noncontrolling interests	`NoncontrollingInterestIncreaseFromSubsidiaryEquityIssuance`	$16.00M	USD	2 Qtrs
Purchases of subsidiary stock from noncontrolling interests	`NoncontrollingInterestIncreaseFromSubsidiaryEquityIssuance`	$37.00M	USD	2 Qtrs
Purchases of subsidiary stock from noncontrolling interests	`NoncontrollingInterestIncreaseFromSubsidiaryEquityIssuance`	$19.00M	USD	1 Quarter
Stock-based compensation	`ShareBasedPaymentArrangementIncreaseDecreaseForCostRecognition`	$8.00M	USD	2 Qtrs
Stock-based compensation	`ShareBasedPaymentArrangementIncreaseDecreaseForCostRecognition`	$9.00M	USD	2 Qtrs
Stock-based compensation	`ShareBasedPaymentArrangementIncreaseDecreaseForCostRecognition`	$13.00M	USD	1 Quarter
Stock-based compensation	`ShareBasedPaymentArrangementIncreaseDecreaseForCostRecognition`	$7.00M	USD	1 Quarter
Other	`StockholdersEquityOther`	$-2.00M	USD	1 Quarter
Other	`StockholdersEquityOther`	$5.00M	USD	2 Qtrs
Other	`StockholdersEquityOther`	$-6.00M	USD	1 Quarter
Other	`StockholdersEquityOther`	$-1.00M	USD	2 Qtrs
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$22.39B	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$19.18B	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$21.93B	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$18.41B	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$21.39B	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$21.90B	USD	Point-in-time

Comprehensive Income 41 line items

Line Item	Tag	Value	Unit	Period
Net income (loss)	`ProfitLoss`	$621.00M	USD	2 Qtrs
Net income (loss)	`ProfitLoss`	$-1.89B	USD	2 Qtrs
Net income (loss)	`ProfitLoss`	$225.00M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$-846.00M	USD	1 Quarter
Net unrealized gains (losses) on investments with an allowance for credit losses	`OciDebtSecuritiesAvailableForSaleInvestmentsWithAllowanceForCreditLossesUnrealizedHoldingGainLossBeforeAdjustmentAfterTax`	$-9.00M	USD	2 Qtrs
Net unrealized gains (losses) on investments with an allowance for credit losses	`OciDebtSecuritiesAvailableForSaleInvestmentsWithAllowanceForCreditLossesUnrealizedHoldingGainLossBeforeAdjustmentAfterTax`	$2.00M	USD	1 Quarter
Net unrealized gains on other investments	`OciDebtSecuritiesAvailableForSaleOtherInvestmentsUnrealizedHoldingGainLossBeforeAdjustmentAfterTax`	$966.00M	USD	2 Qtrs
Net unrealized gains on other investments	`OciDebtSecuritiesAvailableForSaleOtherInvestmentsUnrealizedHoldingGainLossBeforeAdjustmentAfterTax`	$147.00M	USD	2 Qtrs
Net unrealized gains on other investments	`OciDebtSecuritiesAvailableForSaleOtherInvestmentsUnrealizedHoldingGainLossBeforeAdjustmentAfterTax`	$1.19B	USD	1 Quarter
Net unrealized gains on other investments	`OciDebtSecuritiesAvailableForSaleOtherInvestmentsUnrealizedHoldingGainLossBeforeAdjustmentAfterTax`	$436.00M	USD	1 Quarter
Total unrealized gains on investments	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$1.19B	USD	1 Quarter
Total unrealized gains on investments	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$966.00M	USD	2 Qtrs
Total unrealized gains on investments	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$436.00M	USD	1 Quarter
Total unrealized gains on investments	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$138.00M	USD	2 Qtrs
Unrealized losses on cash flow hedges	`OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax`	$-19.00M	USD	2 Qtrs
Unrealized losses on cash flow hedges	`OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax`	$-12.00M	USD	2 Qtrs
Unrealized losses on cash flow hedges	`OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax`	$-6.00M	USD	1 Quarter
Pension and postretirement benefits	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$-15.00M	USD	2 Qtrs
Pension and postretirement benefits	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$-6.00M	USD	1 Quarter
Pension and postretirement benefits	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$-7.00M	USD	1 Quarter
Pension and postretirement benefits	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$-20.00M	USD	2 Qtrs
Foreign currency translation	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$3.00M	USD	1 Quarter
Foreign currency translation	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$20.00M	USD	2 Qtrs
Foreign currency translation	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-55.00M	USD	2 Qtrs
Foreign currency translation	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$29.00M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$84.00M	USD	2 Qtrs
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$1.23B	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$440.00M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$989.00M	USD	2 Qtrs
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$1.61B	USD	2 Qtrs
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$382.00M	USD	1 Quarter
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$-1.81B	USD	2 Qtrs
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$665.00M	USD	1 Quarter
Amounts attributable to noncontrolling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$119.00M	USD	1 Quarter
Amounts attributable to noncontrolling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$-412.00M	USD	2 Qtrs
Amounts attributable to noncontrolling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$84.00M	USD	2 Qtrs
Amounts attributable to noncontrolling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$23.00M	USD	1 Quarter
Total comprehensive income (loss) attributable to Loews Corporation	`ComprehensiveIncomeNetOfTax`	$1.53B	USD	2 Qtrs
Total comprehensive income (loss) attributable to Loews Corporation	`ComprehensiveIncomeNetOfTax`	$642.00M	USD	1 Quarter
Total comprehensive income (loss) attributable to Loews Corporation	`ComprehensiveIncomeNetOfTax`	$-1.39B	USD	2 Qtrs
Total comprehensive income (loss) attributable to Loews Corporation	`ComprehensiveIncomeNetOfTax`	$263.00M	USD	1 Quarter

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