Consolidated Condensed Statements of Income - USD ($) shares in Thousands, $ in Millions	3 Months Ended
	Mar. 31, 2017	Mar. 31, 2016
Revenues:
Insurance premiums	$ 1,645	$ 1,699
Net investment income	604	422
Investment gains (losses):
Other-than-temporary impairment losses	(2)	(23)
Other net investment gains (losses)	36	(5)
Total investment gains (losses)	34	(28)
Contract drilling revenues	364	444
Other revenues	653	636
Total	3,300	3,173
Expenses:
Insurance claims and policyholders' benefits	1,293	1,408
Amortization of deferred acquisition costs	305	307
Contract drilling expenses	204	213
Other operating expenses	846	907
Interest	142	143
Total	2,790	2,978
Income before income tax	510	195
Income tax (expense) benefit	(119)	4
Net income	391	199
Amounts attributable to noncontrolling interests	(96)	(97)
Net income attributable to Loews Corporation	$ 295	$ 102
Basic net income per share	$ 0.88	$ 0.30
Diluted net income per share	0.87	0.30
Dividends per share	$ 0.0625	$ 0.0625
Weighted average shares outstanding:
Shares of common stock	336,880	339,100
Dilutive potential shares of common stock	800	150
Total weighted average shares outstanding assuming dilution	337,680	339,250