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Shareholders' Equity - Additional Information (Detail) (USD $)
In Millions, except Share data, unless otherwise specified
1 Months Ended 3 Months Ended
Mar. 31, 2015
Mar. 31, 2015
Mar. 31, 2014
Dec. 31, 2014
Shareholders Equity [Line Items]        
Increase (decrease) in Additional paid-in capital $ (2)us-gaap_AdjustmentsToAdditionalPaidInCapitalOther      
Common stock, shares issued 373,194,344us-gaap_CommonStockSharesIssued 373,194,344us-gaap_CommonStockSharesIssued   372,934,540us-gaap_CommonStockSharesIssued
Increase in accumulated other comprehensive income 1l_IncreaseDecreaseInAccumulatedOtherComprehensiveIncomeLoss 1l_IncreaseDecreaseInAccumulatedOtherComprehensiveIncomeLoss    
Treasury stock repurchased, shares   1,800,000us-gaap_TreasuryStockSharesAcquired 500,000us-gaap_TreasuryStockSharesAcquired  
Purchase of Loews treasury stock   71us-gaap_TreasuryStockValueAcquiredCostMethod 24us-gaap_TreasuryStockValueAcquiredCostMethod  
Diamond Offshore [Member]        
Shareholders Equity [Line Items]        
Purchase of common stock   900,000us-gaap_SaleOfStockNumberOfSharesIssuedInTransaction
/ dei_LegalEntityAxis
= l_DiamondOffshoreMember
   
Common stock, aggregate cost 24us-gaap_EquityMethodInvestmentAggregateCost
/ dei_LegalEntityAxis
= l_DiamondOffshoreMember
24us-gaap_EquityMethodInvestmentAggregateCost
/ dei_LegalEntityAxis
= l_DiamondOffshoreMember
   
Increase (decrease) in Additional paid-in capital   3us-gaap_AdjustmentsToAdditionalPaidInCapitalOther
/ dei_LegalEntityAxis
= l_DiamondOffshoreMember
   
Diamond Offshore [Member] | Minimum [Member]        
Shareholders Equity [Line Items]        
Subsidiary ownership percentage   52.50%us-gaap_SubsidiaryOrEquityMethodInvesteeCumulativePercentageOwnershipAfterAllTransactions
/ dei_LegalEntityAxis
= l_DiamondOffshoreMember
/ us-gaap_RangeAxis
= us-gaap_MinimumMember
   
Diamond Offshore [Member] | Maximum [Member]        
Shareholders Equity [Line Items]        
Subsidiary ownership percentage   53.10%us-gaap_SubsidiaryOrEquityMethodInvesteeCumulativePercentageOwnershipAfterAllTransactions
/ dei_LegalEntityAxis
= l_DiamondOffshoreMember
/ us-gaap_RangeAxis
= us-gaap_MaximumMember
   
Boardwalk Pipeline [Member]        
Shareholders Equity [Line Items]        
Common stock, shares issued 6,700,000us-gaap_CommonStockSharesIssued
/ dei_LegalEntityAxis
= l_BoardwalkPipelineMember
6,700,000us-gaap_CommonStockSharesIssued
/ dei_LegalEntityAxis
= l_BoardwalkPipelineMember
   
Proceeds from subsidiary public offering 109l_ProceedsFromSubsidiaryPublicOffering
/ dei_LegalEntityAxis
= l_BoardwalkPipelineMember
     
Contribution from the company $ 2us-gaap_ProceedsFromContributionsFromParent
/ dei_LegalEntityAxis
= l_BoardwalkPipelineMember
     
General partner interest 2.00%l_GeneralPartnerInterest
/ dei_LegalEntityAxis
= l_BoardwalkPipelineMember
2.00%l_GeneralPartnerInterest
/ dei_LegalEntityAxis
= l_BoardwalkPipelineMember
   
Boardwalk Pipeline [Member] | Minimum [Member]        
Shareholders Equity [Line Items]        
Subsidiary ownership percentage 51.00%us-gaap_SubsidiaryOrEquityMethodInvesteeCumulativePercentageOwnershipAfterAllTransactions
/ dei_LegalEntityAxis
= l_BoardwalkPipelineMember
/ us-gaap_RangeAxis
= us-gaap_MinimumMember
     
Boardwalk Pipeline [Member] | Maximum [Member]        
Shareholders Equity [Line Items]        
Subsidiary ownership percentage 53.00%us-gaap_SubsidiaryOrEquityMethodInvesteeCumulativePercentageOwnershipAfterAllTransactions
/ dei_LegalEntityAxis
= l_BoardwalkPipelineMember
/ us-gaap_RangeAxis
= us-gaap_MaximumMember