CONSOLIDATED CONDENSED STATEMENTS OF CASH FLOWS - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2021	Mar. 31, 2020
Operating Activities:
Net income (loss)	$ 293	$ (1,044)
Adjustments to reconcile net income (loss) to net cash provided by operating activities, net	257	1,363
Changes in operating assets and liabilities, net:
Receivables	(736)	(266)
Deferred acquisition costs	(32)	(27)
Insurance reserves	605	510
Other assets	(250)	(116)
Other liabilities	126	(288)
Trading securities	(129)	197
Net cash flow provided by operating activities	134	329
Investing Activities:
Purchases of fixed maturities	(2,203)	(1,818)
Proceeds from sales of fixed maturities	907	823
Proceeds from maturities of fixed maturities	1,084	799
Purchases of equity securities	(81)	(220)
Proceeds from sales of equity securities	119	98
Purchases of limited partnership investments	(61)	(32)
Proceeds from sales of limited partnership investments	49	204
Purchases of property, plant and equipment	(87)	(233)
Change in short term investments	569	837
Other, net	10	(31)
Net cash flow provided by investing activities	306	427
Financing Activities:
Dividends paid	(17)	(18)
Dividends paid to noncontrolling interests	(32)	(69)
Purchases of Loews Corporation treasury stock	(280)	(458)
Purchases of subsidiary stock from noncontrolling interests	(3)	(18)
Principal payments on debt	(1,073)	(223)
Issuance of debt	1,159	654
Other, net	(12)	(12)
Net cash flow used by financing activities	(258)	(144)
Effect of foreign exchange rate on cash		(9)
Net change in cash	182	603
Cash, beginning of period	478	336
Cash, end of period	$ 660	$ 939