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Benefit Plans - Summary of Stock Options and SARs Outstanding by Exercise Price Range (Detail) (USD $)
12 Months Ended
Dec. 31, 2014
20.01 - 30.00 [Member]  
Share-based Compensation, Shares Authorized under Stock Option Plans, Exercise Price Range [Line Items]  
Awards Outstanding, Number of Shares 584,200us-gaap_ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeNumberOfOutstandingOptions
/ us-gaap_ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansByExercisePriceRangeAxis
= l_TwentyPointZeroOneToThirtyMember
Awards Outstanding, Weighted Average Remaining Contractual Life 2 years 8 months 16 days
Awards Outstanding, Weighted Average Exercise Price $ 25.207us-gaap_SharebasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeOutstandingOptionsWeightedAverageExercisePriceBeginningBalance1
/ us-gaap_ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansByExercisePriceRangeAxis
= l_TwentyPointZeroOneToThirtyMember
Awards Exercisable, Number of Shares 584,200us-gaap_ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeNumberOfExercisableOptions
/ us-gaap_ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansByExercisePriceRangeAxis
= l_TwentyPointZeroOneToThirtyMember
Awards Exercisable, Weighted Average Exercise Price $ 25.207us-gaap_SharebasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeExercisableOptionsWeightedAverageExercisePrice1
/ us-gaap_ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansByExercisePriceRangeAxis
= l_TwentyPointZeroOneToThirtyMember
Range of exercise prices, lower range limit $ 20.01us-gaap_ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeLowerRangeLimit
/ us-gaap_ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansByExercisePriceRangeAxis
= l_TwentyPointZeroOneToThirtyMember
Range of exercise prices, upper range limit $ 30.00us-gaap_ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeUpperRangeLimit
/ us-gaap_ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansByExercisePriceRangeAxis
= l_TwentyPointZeroOneToThirtyMember
30.01 - 40.00 [Member]  
Share-based Compensation, Shares Authorized under Stock Option Plans, Exercise Price Range [Line Items]  
Awards Outstanding, Number of Shares 2,674,903us-gaap_ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeNumberOfOutstandingOptions
/ us-gaap_ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansByExercisePriceRangeAxis
= l_ThirtyPointZeroOneToFortyMember
Awards Outstanding, Weighted Average Remaining Contractual Life 4 years 8 months 12 days
Awards Outstanding, Weighted Average Exercise Price $ 36.874us-gaap_SharebasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeOutstandingOptionsWeightedAverageExercisePriceBeginningBalance1
/ us-gaap_ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansByExercisePriceRangeAxis
= l_ThirtyPointZeroOneToFortyMember
Awards Exercisable, Number of Shares 2,284,666us-gaap_ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeNumberOfExercisableOptions
/ us-gaap_ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansByExercisePriceRangeAxis
= l_ThirtyPointZeroOneToFortyMember
Awards Exercisable, Weighted Average Exercise Price $ 36.567us-gaap_SharebasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeExercisableOptionsWeightedAverageExercisePrice1
/ us-gaap_ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansByExercisePriceRangeAxis
= l_ThirtyPointZeroOneToFortyMember
Range of exercise prices, lower range limit $ 30.01us-gaap_ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeLowerRangeLimit
/ us-gaap_ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansByExercisePriceRangeAxis
= l_ThirtyPointZeroOneToFortyMember
Range of exercise prices, upper range limit $ 40.00us-gaap_ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeUpperRangeLimit
/ us-gaap_ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansByExercisePriceRangeAxis
= l_ThirtyPointZeroOneToFortyMember
40.01 - 50.00 [Member]  
Share-based Compensation, Shares Authorized under Stock Option Plans, Exercise Price Range [Line Items]  
Awards Outstanding, Number of Shares 3,468,850us-gaap_ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeNumberOfOutstandingOptions
/ us-gaap_ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansByExercisePriceRangeAxis
= l_FortyPointZeroOneToFiftyMember
Awards Outstanding, Weighted Average Remaining Contractual Life 6 years 4 months 21 days
Awards Outstanding, Weighted Average Exercise Price $ 44.135us-gaap_SharebasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeOutstandingOptionsWeightedAverageExercisePriceBeginningBalance1
/ us-gaap_ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansByExercisePriceRangeAxis
= l_FortyPointZeroOneToFiftyMember
Awards Exercisable, Number of Shares 1,874,558us-gaap_ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeNumberOfExercisableOptions
/ us-gaap_ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansByExercisePriceRangeAxis
= l_FortyPointZeroOneToFiftyMember
Awards Exercisable, Weighted Average Exercise Price $ 44.419us-gaap_SharebasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeExercisableOptionsWeightedAverageExercisePrice1
/ us-gaap_ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansByExercisePriceRangeAxis
= l_FortyPointZeroOneToFiftyMember
Range of exercise prices, lower range limit $ 40.01us-gaap_ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeLowerRangeLimit
/ us-gaap_ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansByExercisePriceRangeAxis
= l_FortyPointZeroOneToFiftyMember
Range of exercise prices, upper range limit $ 50.00us-gaap_ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeUpperRangeLimit
/ us-gaap_ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansByExercisePriceRangeAxis
= l_FortyPointZeroOneToFiftyMember
50.01 - 60.00 [Member]  
Share-based Compensation, Shares Authorized under Stock Option Plans, Exercise Price Range [Line Items]  
Awards Outstanding, Number of Shares 180,825us-gaap_ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeNumberOfOutstandingOptions
/ us-gaap_ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansByExercisePriceRangeAxis
= l_FiftyPointZeroOneToSixtyMember
Awards Outstanding, Weighted Average Remaining Contractual Life 2 years 18 days
Awards Outstanding, Weighted Average Exercise Price $ 51.080us-gaap_SharebasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeOutstandingOptionsWeightedAverageExercisePriceBeginningBalance1
/ us-gaap_ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansByExercisePriceRangeAxis
= l_FiftyPointZeroOneToSixtyMember
Awards Exercisable, Number of Shares 180,825us-gaap_ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeNumberOfExercisableOptions
/ us-gaap_ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansByExercisePriceRangeAxis
= l_FiftyPointZeroOneToSixtyMember
Awards Exercisable, Weighted Average Exercise Price $ 51.080us-gaap_SharebasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeExercisableOptionsWeightedAverageExercisePrice1
/ us-gaap_ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansByExercisePriceRangeAxis
= l_FiftyPointZeroOneToSixtyMember
Range of exercise prices, lower range limit $ 50.01us-gaap_ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeLowerRangeLimit
/ us-gaap_ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansByExercisePriceRangeAxis
= l_FiftyPointZeroOneToSixtyMember
Range of exercise prices, upper range limit $ 60.00us-gaap_ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeUpperRangeLimit
/ us-gaap_ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansByExercisePriceRangeAxis
= l_FiftyPointZeroOneToSixtyMember