Segments (Tables)

12 Months Ended

Dec. 31, 2018

Segment Reporting [Abstract]

Consolidating Statement of Income and Total Assets by Segment

Statements of Income and Total assets by segment are presented in the following tables.

	CNA		Diamond			Boardwalk			Loews
Year Ended December 31, 2018	Financial		Offshore			Pipeline			Hotels & Co			Corporate			Total
(In millions)
Revenues:
Insurance premiums	$	7,312													$	7,312
Net investment income (loss)		1,817	$	8					$	2		$	(10	)		1,817
Investment losses		(57)														(57)
Non-insurance warranty revenue (Notes 1 and 13)		1,007														1,007
Operating revenues and other		55		1,085		$	1,227			753			867			3,987
Total		10,134		1,093			1,227			755			857			14,066
Expenses:
Insurance claims and policyholders’ benefits		5,572														5,572
Amortization of deferred acquisition costs		1,335														1,335
Non-insurance warranty expense (Notes 1 and 13)		923														923
Operating expenses and other		1,203		1,196			820			653			956			4,828
Interest		138		123			176			29			108			574
Total		9,171		1,319			996			682			1,064			13,232
Income (loss) before income tax		963		(226	)		231			73			(207	)		834
Income tax (expense) benefit		(151)		30			(28	)		(25	)		46			(128)
Net income (loss)		812		(196	)		203			48			(161	)		706
Amounts attributable to noncontrolling interests		(86)		84			(68	)								(70)
Net income (loss) attributable to Loews Corporation	$	726	$	(112	)	$	135		$	48		$	(161	)	$	636
December 31, 2018
Total assets	$	57,123	$	6,036		$	9,131		$	1,812		$	4,214		$	78,316

	CNA			Diamond			Boardwalk			Loews
Year Ended December 31, 2017	Financial			Offshore			Pipeline			Hotels & Co			Corporate			Total
(In millions)
Revenues:
Insurance premiums	$	6,988														$	6,988
Net investment income		2,034		$	2								$	146			2,182
Investment gains		122															122
Non-insurance warranty revenue (Notes 1 and 13)		390															390
Operating revenues and other		49			1,498		$	1,325		$	682			499			4,053
Total		9,583			1,500			1,325			682			645			13,735
Expenses:
Insurance claims and policyholders’ benefits		5,310															5,310
Amortization of deferred acquisition costs		1,233															1,233
Non-insurance warranty expense (Notes 1 and 13)		299															299
Operating expenses and other		1,224			1,373			861			589			618			4,665
Interest		203			149			171			28			95			646
Total		8,269			1,522			1,032			617			713			12,153
Income (loss) before income tax		1,314			(22	)		293			65			(68	)		1,582
Income tax (expense) benefit		(419	)		4			232			(1	)		14			(170	)
Net income (loss)		895			(18	)		525			64			(54	)		1,412
Amounts attributable to noncontrolling interests		(94	)		(9	)		(145	)								(248	)
Net income (loss) attributable to Loews Corporation	$	801		$	(27	)	$	380		$	64		$	(54	)	$	1,164
December 31, 2017
Total assets	$	56,539		$	6,251		$	8,972		$	1,558		$	6,266		$	79,586

	CNA			Diamond			Boardwalk			Loews
Year Ended December 31, 2016	Financial			Offshore			Pipeline			Hotels & Co			Corporate			Total
(In millions)
Revenues:
Insurance premiums	$	6,924														$	6,924
Net investment income		1,988		$	1								$	146			2,135
Investment gains (losses)		62			(12	)											50
Non-insurance warranty revenue (Notes 1 and 13)		361															361
Operating revenues and other		49			1,600		$	1,316		$	667			3			3,635
Total		9,384			1,589			1,316			667			149			13,105
Expenses:
Insurance claims and policyholders’ benefits		5,283															5,283
Amortization of deferred acquisition costs		1,235															1,235
Non-insurance warranty expense (Notes 1 and 13)		271															271
Operating expenses and other		1,287			1,970			835			621			131			4,844
Interest		167			90			183			24			72			536
Total		8,243			2,060			1,018			645			203			12,169
Income (loss) before income tax		1,141			(471	)		298			22			(54	)		936
Income tax (expense) benefit		(279	)		111			(61	)		(10	)		19			(220	)
Net income (loss)		862			(360	)		237			12			(35	)		716
Amounts attributable to noncontrolling interests		(88	)		174			(148	)								(62	)
Net income (loss) attributable to Loews Corporation	$	774		$	(186	)	$	89		$	12		$	(35	)	$	654