Consolidated Condensed Statements of Cash Flows (USD $) In Millions, unless otherwise specified	9 Months Ended
	Sep. 30, 2014	Sep. 30, 2013
Operating Activities:
Net income	$ 668	$ 1,194
Adjustments to reconcile net income to net cash provided by operating activities, net	1,491	925
Changes in operating assets and liabilities, net:
Receivables	571	146
Deferred acquisition costs	14	(23)
Insurance reserves	(222)	(166)
Other assets	(127)	(64)
Other liabilities	(152)	215
Trading securities	(147)	(898)
Net cash flow operating activities	2,096	1,329
Investing Activities:
Purchases of fixed maturities	(7,457)	(8,205)
Proceeds from sales of fixed maturities	4,005	4,830
Proceeds from maturities of fixed maturities	2,901	2,496
Purchases of equity securities	(44)	(61)
Proceeds from sales of equity securities	23	82
Purchases of limited partnership investments	(218)	(263)
Proceeds from sales of limited partnership investments	133	187
Purchases of property, plant and equipment	(1,595)	(1,307)
Acquisitions	(180)	(235)
Dispositions	1,030	135
Change in short term investments	489	611
Other, net	(52)	(135)
Net cash flow investing activities	(965)	(1,865)
Financing Activities:
Dividends paid	(72)	(73)
Dividends paid to noncontrolling interests	(261)	(371)
Purchases of subsidiary stock from noncontrolling interests	(88)
Purchases of Loews treasury stock	(396)	(228)
Issuance of Loews common stock	5	4
Proceeds from sale of subsidiary stock	4	370
Principal payments on debt	(1,250)	(1,058)
Issuance of debt	1,259	1,953
Other, net	14	(29)
Net cash flow financing activities	(785)	568
Effect of foreign exchange rate on cash	(3)	(3)
Net change in cash	343	29
Cash, beginning of period	294	228
Cash, end of period	$ 637	$ 257