Consolidated Condensed Statements of Income (USD $) In Millions, except Share data, unless otherwise specified	3 Months Ended				9 Months Ended
	Sep. 30, 2014		Sep. 30, 2013		Sep. 30, 2014		Sep. 30, 2013
Revenues:
Insurance premiums	$ 1,810		$ 1,825		$ 5,427		$ 5,389
Net investment income	451		605		1,625		1,739
Investment gains (losses):
Other-than-temporary impairment losses	(10)		(15)		(17)		(49)
Portion of other-than-temporary impairment losses recognized in Other comprehensive income (loss)			(1)				(1)
Net impairment losses recognized in earnings	(10)		(16)		(17)		(50)
Other net investment gains	47		18		82		57
Total investment gains	37	[1]	2	[1]	65	[1]	7	[1]
Contract drilling revenues	728		691		2,063		2,136
Other Revenues	497		474		1,624		1,560
Total	3,523		3,597		10,804		10,831
Expenses:
Insurance claims and policyholders' benefits	1,354		1,378		4,241		4,259
Amortization of deferred acquisition costs	332		341		996		1,004
Contract drilling expenses	400		420		1,165		1,164
Other operating expenses	977		777		2,634		2,309
Interest	121		105		369		316
Total	3,184		3,021		9,405		9,052
Income before income tax	339		576		1,399		1,779
Income tax expense	(99)		(155)		(347)		(478)
Income from continuing operations	240		421		1,052		1,301
Discontinued operations, net	29		(37)		(384)		(107)
Net income	269		384		668		1,194
Amounts attributable to noncontrolling interests	(61)		(102)		(285)		(401)
Net income	208		282		383		793
Net income attributable to Loews Corporation:
Income from continuing operations	179		318		747		901
Discontinued operations, net	29		(36)		(364)		(108)
Net income	$ 208		$ 282		$ 383		$ 793
Basic net income per share:
Income from continuing operations	$ 0.47		$ 0.82		$ 1.94		$ 2.32
Discontinued operations, net	$ 0.08		$ (0.09)		$ (0.94)		$ (0.28)
Net income	$ 0.55		$ 0.73		$ 1.00		$ 2.04
Diluted net income per share:
Income from continuing operations	$ 0.47		$ 0.82		$ 1.94		$ 2.31
Discontinued operations, net	$ 0.08		$ (0.09)		$ (0.94)		$ (0.28)
Net income	$ 0.55		$ 0.73		$ 1.00		$ 2.03
Dividends per share	$ 0.0625		$ 0.0625		$ 0.1875		$ 0.1875
Weighted average shares outstanding:
Shares of common stock	380.59		387.26		384.53		389.13
Dilutive potential shares of common stock	0.60		0.88		0.66		0.83
Total weighted average shares outstanding assuming dilution	381.19		388.14		385.19		389.96

[1] (a) Includes gross realized gains of $52, $50, $130 and $129 and gross realized losses of $16, $50, $70 and $124 on available-for-sale securities for the three and nine months ended September 30, 2014 and 2013.