Consolidated Condensed Statements of Income (USD $) In Millions, except Share data, unless otherwise specified	3 Months Ended
	Mar. 31, 2015		Mar. 31, 2014
Revenues:
Insurance premiums	$ 1,687		$ 1,806
Net investment income	588		577
Investment gains (losses):
Other-than-temporary impairment losses	(12)		(2)
Portion of other-than-temporary impairment losses recognized in Other comprehensive income (loss)	0		0
Net impairment losses recognized in earnings	(12)		(2)
Other net investment gains	22		44
Total investment gains	10	[1]	42	[1]
Contract drilling revenues	600		685
Other revenues	593		578
Total	3,478		3,688
Expenses:
Insurance claims and policyholders' benefits	1,339		1,446
Amortization of deferred acquisition costs	303		329
Contract drilling expenses	351		370
Other operating expenses (Note 4)	1,249		907
Interest	131		122
Total	3,373		3,174
Income (loss) before income tax	105		514
Income tax expense	(56)		(103)
Income from continuing operations	49		411
Discontinued operations, net			(227)
Net income	49		184
Amounts attributable to noncontrolling interests	60		(125)
Net income	109		59
Net income attributable to Loews Corporation:
Income from continuing operations	109		265
Discontinued operations, net			(206)
Net income	$ 109		$ 59
Basic and diluted net income per share:
Income from continuing operations	$ 0.29		$ 0.68
Discontinued operations, net			$ (0.53)
Net income	$ 0.29		$ 0.15
Dividends per share	$ 0.0625		$ 0.0625
Weighted average shares outstanding:
Shares of common stock	372.83		387.34
Dilutive potential shares of common stock	0.36		0.73
Total weighted average shares outstanding assuming dilution	373.19		388.07

[1] Includes gross realized gains of $34 and $58 and gross realized losses of $22 and $15 on available-for-sale securities for the three months ended March 31, 2015 and 2014.