Consolidated Condensed Statements of Income (USD $) In Millions, except Share data, unless otherwise specified	3 Months Ended		6 Months Ended
	Jun. 30, 2014	Jun. 30, 2013	Jun. 30, 2014	Jun. 30, 2013
Revenues:
Insurance premiums	$ 1,811	$ 1,800	$ 3,617	$ 3,564
Net investment income	597	535	1,174	1,134
Investment gains (losses):
Other-than-temporary impairment losses	(5)	(16)	(7)	(34)
Portion of other-than-temporary impairment losses recognized in Other comprehensive income (loss)
Net impairment losses recognized in earnings	(5)	(16)	(7)	(34)
Other net investment gains (losses)	(9)	2	35	39
Total investment gains (losses)	(14)	(14)	28	5
Contract drilling revenues	650	745	1,335	1,445
Other	549	550	1,127	1,086
Total	3,593	3,616	7,281	7,234
Expenses:
Insurance claims and policyholders' benefits	1,441	1,485	2,887	2,881
Amortization of deferred acquisition costs	335	335	664	663
Contract drilling expenses	395	369	765	744
Other operating expenses	750	753	1,657	1,532
Interest	126	108	248	211
Total	3,047	3,050	6,221	6,031
Income before income tax	546	566	1,060	1,203
Income tax expense	(145)	(163)	(248)	(323)
Income from continuing operations	401	403	812	880
Discontinued operations, net of income tax	(186)	9	(413)	(70)
Net income	215	412	399	810
Amounts attributable to noncontrolling interests	(99)	(143)	(224)	(299)
Net income	116	269	175	511
Net income attributable to Loews Corporation:
Income from continuing operations	303	261	568	583
Discontinued operations, net	(187)	8	(393)	(72)
Net income	$ 116	$ 269	$ 175	$ 511
Basic and diluted net income per share:
Income from continuing operations	$ 0.79	$ 0.67	$ 1.47	$ 1.49
Discontinued operations, net	$ (0.49)	$ 0.02	$ (1.02)	$ (0.18)
Net income	$ 0.30	$ 0.69	$ 0.45	$ 1.31
Dividends per share	$ 0.0625	$ 0.0625	$ 0.1250	$ 0.1250
Weighted-average shares outstanding:
Shares of common stock	385.72	388.79	386.53	390.08
Dilutive potential shares of common stock	0.65	0.83	0.68	0.80
Total weighted-average shares outstanding assuming dilution	386.37	389.62	387.21	390.88