Debt (Tables)

12 Months Ended

Dec. 31, 2016

Debt Disclosure [Abstract]

Schedule of Long-Term Debt Instruments

December 31	2016		2015
(In millions)
Loews Corporation (Parent Company):
Senior:
5.3% notes due 2016 (effective interest rate of 5.4%) (authorized, $400)			$	400
2.6% notes due 2023 (effective interest rate of 2.8%) (authorized, $500)	$	500		500
3.8% notes due 2026 (effective interest rate of 3.9%) (authorized, $500)		500
6.0% notes due 2035 (effective interest rate of 6.2%) (authorized, $300)		300		300
4.1% notes due 2043 (effective interest rate of 4.3%) (authorized, $500)		500		500
CNA Financial:
Senior:
6.5% notes due 2016 (effective interest rate of 6.6%) (authorized, $350)				350
7.0% notes due 2018 (effective interest rate of 7.1%) (authorized, $150)		150		150
7.4% notes due 2019 (effective interest rate of 7.5%) (authorized, $350)		350		350
5.9% notes due 2020 (effective interest rate of 6.0%) (authorized, $500)		500		500
5.8% notes due 2021 (effective interest rate of 5.9%) (authorized, $400)		400		400
7.3% debentures due 2023 (effective interest rate of 7.3%) (authorized, $250)		243		243
4.0% notes due 2024 (effective interest rate of 4.0%) (authorized, $550)		550		550
4.5% notes due 2026 (effective interest rate of 4.5%) (authorized, $500)		500
Variable rate note due 2036 (effective interest rate of 4.3% and 3.8%)		30		30
Capital lease obligation		5		4
Diamond Offshore:
Senior:
Commercial paper (weighted average interest rate of 0.9%)				287
Variable rate revolving credit facility due 2020 (effective interest rate of 1.9%)		104
5.9% notes due 2019 (effective interest rate of 6.0%) (authorized, $500)		500		500
3.5% notes due 2023 (effective interest rate of 3.6%) (authorized, $250)		250		250
5.7% notes due 2039 (effective interest rate of 5.8%) (authorized, $500)		500		500
4.9% notes due 2043 (effective interest rate of 5.0%) (authorized, $750)		750		750
Boardwalk Pipeline:
Senior:
Variable rate revolving credit facility due 2021 (effective interest rate of 2.0% and 1.7%)		180		375
5.9% notes due 2016 (effective interest rate of 6.0%) (authorized, $250)				250
5.5% notes due 2017 (effective interest rate of 5.6%) (authorized, $300)		300		300
6.3% notes due 2017 (effective interest rate of 6.4%) (authorized, $275)		275		275
5.2% notes due 2018 (effective interest rate of 5.4%) (authorized, $185)		185		185
5.8% notes due 2019 (effective interest rate of 5.9%) (authorized, $350)		350		350
4.5% notes due 2021 (effective interest rate of 5.0%) (authorized, $440)		440		440
4.0% notes due 2022 (effective interest rate of 4.4%) (authorized, $300)		300		300
3.4% notes due 2023 (effective interest rate of 3.5%) (authorized, $300)		300		300
5.0% notes due 2024 (effective interest rate of 5.2%) (authorized, $600 and $350)		600		600
6.0% notes due 2026 (effective interest rate of 6.2%) (authorized, $550)		550
7.3% debentures due 2027 (effective interest rate of 8.1%) (authorized, $100)		100		100
Capital lease obligation		9		10
Loews Hotels:
Senior debt, principally mortgages (effective interest rates approximate 4.1%)		650		598
		10,871		10,647
Less unamortized discount and issuance costs		93		87
Debt	$	10,778	$	10,560

Schedule of Debt by Subsidiary

December 31, 2016	Principal			Unamortized Discount and Issuance Costs			Net			Short Term Debt			Long Term   Debt
(In millions)
Loews Corporation		$	1,800		$	25		$	1,775					$	1,775
CNA Financial			2,728			13			2,715		$	2			2,713
Diamond Offshore			2,104			19			2,085			104			1,981
Boardwalk Pipeline			3,589			31			3,558			1			3,557
Loews Hotels			650			5			645			3			642
Total		$	10,871		$	93		$	10,778		$	110		$	10,668