Debt (Tables)

12 Months Ended

Dec. 31, 2013

Debt Disclosure [Abstract]

Schedule of Long-Term Debt Instruments

December 31	2013		2012
(In millions)
Loews Corporation (Parent Company):
Senior:
5.3% notes due 2016 (effective interest rate of 5.4%) (authorized, $400)	$	400	$	400
2.6% notes due 2023 (effective interest rate of 2.8%) (authorized, $500)		500
6.0% notes due 2035 (effective interest rate of 6.2%) (authorized, $300)		300		300
4.1% notes due 2043 (effective interest rate of 4.3%) (authorized, $500)		500
CNA Financial:
Senior:
5.9% notes due 2014 (effective interest rate of 6.0%) (authorized, $549)		549		549
6.5% notes due 2016 (effective interest rate of 6.6%) (authorized, $350)		350		350
7.0% notes due 2018 (effective interest rate of 7.1%) (authorized, $150)		150		150
7.4% notes due 2019 (effective interest rate of 7.5%) (authorized, $350)		350		350
5.9% notes due 2020 (effective interest rate of 6.0%) (authorized, $500)		500		500
5.8% notes due 2021 (effective interest rate of 5.9%) (authorized, $400)		400		400
7.3% debentures due 2023 (effective interest rate of 7.3%) (authorized, $250)		243		243
Variable rate note due 2036 (effective interest rate of 3.5% and 3.7%)		30		30
Other senior debt (effective interest rates approximate 2.9%)				13
Diamond Offshore:
Senior:
5.2% notes due 2014 (effective interest rate of 5.2%) (authorized, $250)		250		250
4.9% notes due 2015 (effective interest rate of 5.0%) (authorized, $250)		250		250
5.9% notes due 2019 (effective interest rate of 6.0%) (authorized, $500)		500		500
3.5% notes due 2023 (effective interest rate of 3.6%) (authorized, $250)		250
5.7% notes due 2039 (effective interest rate of 5.8%) (authorized, $500)		500		500
4.9% notes due 2043 (effective interest rate of 5.0%) (authorized, $750)		750
Boardwalk Pipeline:
Senior:
Variable rate revolving credit facility due 2017 (effective interest rate of 1.3%)		175		302
Variable rate term loan due 2017 (effective interest rate of 1.9% and 2.0%)		225		225
4.6% notes due 2015 (effective interest rate of 5.1%) (authorized, $250)		250		250
5.1% notes due 2015 (effective interest rate of 5.2%) (authorized, $275)		275		275
5.9% notes due 2016 (effective interest rate of 6.0%) (authorized, $250)		250		250
5.5% notes due 2017 (effective interest rate of 5.6%) (authorized, $300)		300		300
6.3% notes due 2017 (effective interest rate of 6.4%) (authorized, $275)		275		275
5.2% notes due 2018 (effective interest rate of 5.4%) (authorized, $185)		185		185
5.8% notes due 2019 (effective interest rate of 5.9%) (authorized, $350)		350		350
4.5% notes due 2021 (effective interest rate of 5.0%) (authorized, $440)		440		440
4.0% notes due 2022 (effective interest rate of 4.4%) (authorized, $300)		300		300
3.4% notes due 2023 (effective interest rate of 3.5%) (authorized, $300)		300		300
7.3% debentures due 2027 (effective interest rate of 8.1%) (authorized, $100)		100		100
Capital lease obligation		10
HighMount:
Senior:
Variable rate credit facility due 2016 (effective interest rate of 3.4%)		500		710
Capital lease obligation		2
Loews Hotels:
Senior debt, principally mortgages (effective interest rates approximate 3.9%)		202		209
		10,911		9,256
Less unamortized discount		65		46
Debt	$	10,846	$	9,210

Schedule of Debt by Subsidiary

December 31, 2013	Principal		Unamortized Discount		Net		Short Term Debt		Long Term  Debt
(In millions)
Loews Corporation	$	1,700	$	22	$	1,678			$	1,678
CNA Financial		2,572		12		2,560	$	549		2,011
Diamond Offshore		2,500		20		2,480		250		2,230
Boardwalk Pipeline		3,435		11		3,424				3,424
HighMount		502				502		21		481
Loews Hotels		202				202		20		182
Total	$	10,911	$	65	$	10,846	$	840	$	10,006