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CONSOLIDATED STATEMENTS OF EQUITY - USD ($)
$ in Millions
Total
Cumulative Effect, Period of Adoption, Adjusted Balance
Common Stock
Common Stock
Cumulative Effect, Period of Adoption, Adjusted Balance
Additional Paid-in Capital
Additional Paid-in Capital
Cumulative Effect, Period of Adoption, Adjusted Balance
Retained Earnings
Retained Earnings
Cumulative Effect, Period of Adoption, Adjusted Balance
Accumulated Other Comprehensive Income (Loss)
Accumulated Other Comprehensive Income (Loss)
Cumulative Effect, Period of Adoption, Adjusted Balance
Common Stock Held in Treasury
Common Stock Held in Treasury
Cumulative Effect, Period of Adoption, Adjusted Balance
Noncontrolling Interests
Noncontrolling Interests
Cumulative Effect, Period of Adoption, Adjusted Balance
Balance at beginning of period at Dec. 31, 2019   $ 21,925   $ 3   $ 3,374   $ 15,818   $ (68)   $ (13)   $ 2,811
Increase (Decrease) in Stockholders' Equity [Roll Forward]                            
Net income (loss) $ (1,291)           $ (931)           $ (360)  
Other comprehensive income (loss) 727               $ 649       78  
Dividends paid ($0.25 per share) (169)           (70)              
Dividends paid ($0.25 per share)                         (99)  
Deconsolidation of Diamond Offshore (1,087)                       (1,087)  
Purchase of subsidiary stock from noncontrolling interests (37)       $ 5               (42)  
Purchases of Loews Corporation treasury stock (917)                   $ (917)      
Retirement of treasury stock 0       (256)   (667)       923      
Stock-based compensation 26       8               18  
Other 4       2               2  
Balance at end of period at Dec. 31, 2020 19,181   $ 3   3,133   14,150   581   (7)   1,321  
Increase (Decrease) in Stockholders' Equity [Roll Forward]                            
Net income (loss) 1,703           1,578           125  
Other comprehensive income (loss) (445)               (395)       (50)  
Dividends paid ($0.25 per share) (129)           (65)              
Dividends paid ($0.25 per share)                         (64)  
Purchase of subsidiary stock from noncontrolling interests (18)                       (18)  
Purchases of Loews Corporation treasury stock (1,132)                   (1,132)      
Retirement of treasury stock 0   (1)   (246)   (889)       1,136      
Stock-based compensation 15       (2)               17  
Other 0           2           (2)  
Balance at end of period at Dec. 31, 2021 19,175   2   2,885   14,776   186   (3)   1,329  
Increase (Decrease) in Stockholders' Equity [Roll Forward]                            
Net income (loss) 1,103           1,012           91  
Other comprehensive income (loss) (3,858)               (3,470)       (388)  
Dividends paid ($0.25 per share) (159)           (61)              
Dividends paid ($0.25 per share)                         (98)  
Purchase of subsidiary stock from noncontrolling interests (66)       4               (70)  
Purchases of Loews Corporation treasury stock (738)                   (738)      
Retirement of treasury stock 0       (146)   (583)       729      
Stock-based compensation 21       3               18  
Other 0       2               (2)  
Balance at end of period at Dec. 31, 2022 $ 15,478   $ 2   $ 2,748   $ 15,144   $ (3,284)   $ (12)   $ 880