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Segments (Details)
$ in Millions
3 Months Ended
Mar. 31, 2021
USD ($)
Segment
Subsidiaries
Mar. 31, 2020
USD ($)
Segments [Abstract]    
Number of reportable segments | Segment 4  
Number of individual operating subsidiaries | Subsidiaries 3  
Revenues [Abstract]    
Insurance premiums $ 1,962 $ 1,869
Net investment income (loss) 550 163
Investment gains (losses) [1] 57 (216)
Non-insurance warranty revenue 338 301
Operating revenues and other 715 982
Total 3,622 3,099
Expenses [Abstract]    
Insurance claims and policyholders' benefits 1,506 1,425
Amortization of deferred acquisition costs 359 344
Non-insurance warranty expense 311 281
Operating expenses and other 914 2,026
Interest 125 144
Total 3,215 4,220
Income (loss) before income tax 407 (1,121)
Income tax (expense) benefit (114) 77
Net income (loss) 293 (1,044)
Amounts attributable to noncontrolling interests (32) 412
Net income (loss) attributable to Loews Corporation 261 (632)
Operating Segments [Member]    
Revenues [Abstract]    
Insurance premiums 1,962 1,869
Net investment income (loss) 550 163
Investment gains (losses) 57 (216)
Non-insurance warranty revenue 338 301
Operating revenues and other 715 982
Total 3,622 3,099
Expenses [Abstract]    
Insurance claims and policyholders' benefits 1,506 1,425
Amortization of deferred acquisition costs 359 344
Non-insurance warranty expense 311 281
Operating expenses and other 914 2,026
Interest 125 144
Total 3,215 4,220
Income (loss) before income tax 407 (1,121)
Income tax (expense) benefit (114) 77
Net income (loss) 293 (1,044)
Amounts attributable to noncontrolling interests (32) 412
Net income (loss) attributable to Loews Corporation 261 (632)
Operating Segments [Member] | CNA Financial [Member]    
Revenues [Abstract]    
Insurance premiums 1,962 1,869
Net investment income (loss) 504 329
Investment gains (losses) 57 (216)
Non-insurance warranty revenue 338 301
Operating revenues and other 5 8
Total 2,866 2,291
Expenses [Abstract]    
Insurance claims and policyholders' benefits 1,506 1,425
Amortization of deferred acquisition costs 359 344
Non-insurance warranty expense 311 281
Operating expenses and other 285 300
Interest 28 31
Total 2,489 2,381
Income (loss) before income tax 377 (90)
Income tax (expense) benefit (66) 28
Net income (loss) 311 (62)
Amounts attributable to noncontrolling interests (32) 7
Net income (loss) attributable to Loews Corporation 279 (55)
Operating Segments [Member] | Boardwalk Pipelines [Member]    
Revenues [Abstract]    
Operating revenues and other 372 341
Total 372 341
Expenses [Abstract]    
Operating expenses and other 217 211
Interest 41 42
Total 258 253
Income (loss) before income tax 114 88
Income tax (expense) benefit (29) (23)
Net income (loss) 85 65
Net income (loss) attributable to Loews Corporation 85 65
Operating Segments [Member] | Loews Hotels & Co [Member]    
Revenues [Abstract]    
Operating revenues and other 57 142
Total 57 142
Expenses [Abstract]    
Operating expenses and other 104 167
Interest 8 8
Total 112 175
Income (loss) before income tax (55) (33)
Income tax (expense) benefit 12 8
Net income (loss) (43) (25)
Net income (loss) attributable to Loews Corporation (43) (25)
Operating Segments [Member] | Corporate [Member]    
Revenues [Abstract]    
Net investment income (loss) 46 (166)
Operating revenues and other 281 257
Total 327 91
Expenses [Abstract]    
Operating expenses and other 308 268
Interest 48 31
Total 356 299
Income (loss) before income tax (29) (208)
Income tax (expense) benefit (31) 43
Net income (loss) (60) (165)
Net income (loss) attributable to Loews Corporation $ (60) (165)
Operating Segments [Member] | Diamond Offshore [Member]    
Revenues [Abstract]    
Operating revenues and other   234
Total   234
Expenses [Abstract]    
Operating expenses and other   1,080
Interest   32
Total   1,112
Income (loss) before income tax   (878)
Income tax (expense) benefit   21
Net income (loss)   (857)
Amounts attributable to noncontrolling interests   405
Net income (loss) attributable to Loews Corporation   $ (452)
[1] Gross investment gains on available-for-sale securities were $58 and $29 for the three months ended March 31, 2021 and 2020. Gross investment losses on available-for-sale securities were $20 and $104 for the three months ended March 31, 2021 and 2020. During the three months ended March 31, 2021 and 2020, $2 of investment gains and $133 of investment losses were recognized due to the change in fair value of non-redeemable preferred stock still held as of March 31, 2021 and 2020.