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Debt (Tables)
 12 Months Ended
Dec. 31, 2018
Debt Disclosure [Abstract]  
Schedule of Long-Term Debt Instruments
December 31    2018      2017  

 

  
(In millions)              

Loews Corporation (Parent Company):

      

Senior:

      

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              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:

                            

7.0% notes due 2018 (effective interest rate of 7.1%) (authorized, $150)

                    150        

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              500        

3.5% notes due 2027 (effective interest rate of 3.6%) (authorized, $500)

      500              500        

Variable rate note due 2036 (effective interest rate of 4.9%)

                    30        

Capital lease obligation

      1              3        

Diamond Offshore:

                            

Senior:

                            

3.5% notes due 2023 (effective interest rate of 3.6%) (authorized, $250)

      250              250        

7.9% notes due 2025 (effective interest rate of 8.0%) (authorized, $500)

      500              500        

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 2022 (effective interest rate of 3.7% and 2.7%)

      580              385        

5.2% notes due 2018 (effective interest rate of 5.4%) (authorized, $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)

      600              600        

6.0% notes due 2026 (effective interest rate of 6.2%) (authorized, $550)

      550              550        

4.5% notes due 2027 (effective interest rate of 4.6%) (authorized, $500)

      500              500        

7.3% debentures due 2027 (effective interest rate of 8.1%) (authorized, $100)

      100              100        

Capital lease obligation

      8              9        

Loews Hotels & Co:

                            

Senior debt, principally mortgages (effective interest rates approximate 4.4%)

      653              648        

Consolidated Container:

                            

Senior:

                            

Variable rate asset based lending facility due 2022 (effective interest rate of 5.5%)

      9                      

Variable rate term loan due 2024 (effective interest rate of 5.0% and 5.5%)

      597              604        

Capital lease obligation

      7              6        

 

  
     11,488              11,653        

Less unamortized discount and issuance costs

      112              120        

 

  

Debt

    $       11,376            $       11,533        

 
Schedule of Debt by Subsidiary
December 31, 2018    Principal      Unamortized
Discount and
Issuance
Costs		      Net      Short Term
Debt		      Long Term
Debt		  
   
(In millions)                                   

Loews Corporation

    $ 1,800      $ 22      $ 1,778         $     1,778      

CNA Financial

      2,694        13        2,681           2,681      

Diamond Offshore

      2,000        26        1,974           1,974      

Boardwalk Pipeline

      3,728        26        3,702      $ 1        3,701      

Loews Hotels & Co

      653        11        642           642      

Consolidated Container

      613        14        599        16        583      

Total

    $     11,488      $     112      $     11,376      $     17      $ 11,359