Business Segments (Tables)

3 Months Ended

Mar. 31, 2015

Segment Reporting [Abstract]

Consolidated Revenues and Income (Loss) by Business Segment

The following tables set forth the Company’s consolidated revenues and income (loss) by business segment:

Three Months Ended March 31	2015		2014
(In millions)
Revenues (a):
CNA Financial:
Property and Casualty:
Specialty	$	917	$	915
Commercial		895		946
International		206		259
Other Non-Core		334		343
Total CNA Financial		2,352		2,463
Diamond Offshore		627		710
Boardwalk Pipeline		330		357
Loews Hotels		139		105
Corporate and other		30		53
Total	$	3,478	$	3,688
Income (loss) before income tax and noncontrolling interests (a):
CNA Financial:
Property and Casualty:
Specialty	$	207	$	203
Commercial		186		119
International		13		27
Other Non-Core		(92)		(48)
Total CNA Financial		314		301
Diamond Offshore		(287)		168
Boardwalk Pipeline (b)		77		23
Loews Hotels		10		5
Corporate and other		(9)		17
Total	$	105	$	514
Net income (loss) (a):
CNA Financial:
Property and Casualty:
Specialty	$	123	$	123
Commercial		110		73
International		9		15
Other Non-Core		(32)		(11)
Total CNA Financial		210		200
Diamond Offshore		(126)		69
Boardwalk Pipeline (b)		25		(18)
Loews Hotels		5		3
Corporate and other		(5)		11
Income from continuing operations		109		265
Discontinued operations, net				(206)
Total	$	109	$	59

(a) Investment gains (losses) included in Revenues, Income (loss) before income tax and noncontrolling interests and Net income (loss) are as follows:

Three Months Ended March 31	2015		2014
Revenues and Income (loss) before income tax and noncontrolling interests:
CNA Financial:
Property and Casualty:
Specialty	$	4	$	11
Commercial		4		10
International		1		3
Other Non-Core		1		18
Total	$	10	$	42
Net income (loss):
CNA Financial:
Property and Casualty:
Specialty	$	2	$	7
Commercial		3		7
International		1
Other Non-Core		2		10
Total	$	8	$	24

(b) As discussed in Note 2 of the Notes to Consolidated Financial Statements in the Company’s Annual Report on Form 10-K for the year ended December 31, 2014, a charge of $94 million ($55 million after tax and noncontrolling interests) was recorded in the first quarter of 2014 related to the Bluegrass Project.