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Schedule I - Condensed Financial Information of Registrant, Statements of Cash Flows (Details) - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2018
Operating Activities:        
Net income (loss) $ 1,103 $ 1,703 $ (1,291)  
Adjustments to reconcile net income (loss) to net cash provided (used) by operating activities:        
Equity method investees 236 (74) 102  
Provision for deferred income taxes 5 213 (235)  
Changes in operating assets and liabilities, net:        
Receivables (316) (1,409) (425)  
Trading securities 159 (49) (571)  
Net cash flow provided by operating activities 3,314 2,623 1,745  
Investing Activities:        
Change in investments, primarily short term (27) (141) 427  
Other (92) 87 (127)  
Net cash flow used by investing activities (2,347) (1,187) (1,414)  
Financing Activities:        
Dividends paid (61) (65) (70)  
Purchases of treasury shares (729) (1,136) (923)  
Issuance of debt 573 1,199 2,659  
Other (16) (12) (2)  
Net cash flow used by financing activities (1,037) (1,289) (198)  
Net change in cash (89) 143 142  
Cash, beginning of year 621 478 336  
Cash, end of year 532 621 478  
Loews Corporation        
Operating Activities:        
Net income (loss) 1,012 1,578 (931)  
Adjustments to reconcile net income (loss) to net cash provided (used) by operating activities:        
Equity method investees (193) (820) 834  
Loss on deconsolidation 15 1,211  
Provision for deferred income taxes (49) 7 (196)  
Changes in operating assets and liabilities, net:        
Receivables (11)  
Accounts payable and accrued liabilities (47) (48) (38)  
Trading securities 153 (69) (566)  
Other, net 39 82 44  
Net cash flow provided by operating activities 904 745 358  
Investing Activities:        
Investments in and advances to subsidiaries (137) 385 (169)  
Change in investments, primarily short term 30 72 326  
Other (9)  
Net cash flow used by investing activities (116) 457 157  
Financing Activities:        
Dividends paid (61) (65) (70)  
Purchases of treasury shares (729) (1,136) (923)  
Issuance of debt 495  
Other (7) (4) (5)  
Net cash flow used by financing activities (797) (1,205) (503)  
Net change in cash (9) (3) 12  
Cash, beginning of year 19 22 10  
Cash, end of year 10 19 22  
Cash dividends paid to Company by affiliates $ 978 $ 853 $ 947