Consolidated Statements of Income - USD ($) shares in Thousands, $ in Millions	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Revenues:
Insurance premiums	$ 6,921	$ 7,212	$ 7,271
Net investment income	1,866	2,163	2,425
Investment gains (losses):
Other-than-temporary impairment losses	(156)	(77)	(74)
Portion of other-than-temporary impairment losses recognized in Other comprehensive loss			(2)
Net impairment losses recognized in earnings	(156)	(77)	(76)
Other net investment gains	85	131	92
Total investment gains (losses)	(71)	54	16
Contract drilling revenues	2,360	2,737	2,844
Other revenues	2,339	2,159	2,057
Total	13,415	14,325	14,613
Expenses:
Insurance claims and policyholders' benefits	5,384	5,591	5,806
Amortization of deferred acquisition costs	1,540	1,317	1,362
Contract drilling expenses	1,228	1,524	1,573
Other operating expenses	4,499	3,585	3,170
Interest	520	498	425
Total	13,171	12,515	12,336
Income (loss) before income tax	244	1,810	2,277
Income tax (expense) benefit	43	(457)	(656)
Income from continuing operations	287	1,353	1,621
Discontinued operations, net		(391)	(552)
Net income	287	962	1,069
Amounts attributable to noncontrolling interests	(27)	(371)	(474)
Net income	260	591	595
Net income attributable to Loews Corporation:
Income from continuing operations	260	962	1,149
Discontinued operations, net		(371)	(554)
Net income	$ 260	$ 591	$ 595
Basic net income per common share:
Income from continuing operations	$ 0.72	$ 2.52	$ 2.96
Discontinued operations, net		(0.97)	(1.43)
Net income	0.72	1.55	1.53
Diluted net income per common share:
Income from continuing operations	0.72	2.52	2.95
Discontinued operations, net		(0.97)	(1.42)
Net income	0.72	1.55	1.53
Dividends per share	$ 0.25	$ 0.25	$ 0.25
Basic weighted average number of shares outstanding	362,430	381,920	388,640
Diluted weighted average number of shares outstanding	362,690	382,550	389,510