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Debt (Tables)
12 Months Ended
Dec. 31, 2021
Debt Disclosure [Abstract]  
Long-term Debt
December 3120212020
(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 
3.2% notes due 2030 (effective interest rate of 3.3%) (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:
7.3% 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 3.5%) (authorized, $500)
500 500 
3.9% notes due 2029 (effective interest rate of 3.9%) (authorized, $500)
500 500 
2.1% notes due 2030 (effective interest rate of 2.1%) (authorized, $500)
500 500 
Boardwalk Pipelines:
Senior:
Variable rate revolving credit facility due 2026 (effective interest rate of 1.4%)
130 
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 
4.8% notes due 2029 (effective interest rate of 4.9%) (authorized, $500)
500 500 
3.4% notes due 2031 (effective interest rate of 3.5%) (authorized, $500)
500 500 
Finance lease obligation6 
Loews Hotels & Co:
Senior debt, principally mortgages (effective interest rates approximate 4.6% and 4.7%)
692 750 
Altium Packaging (a):
Senior:
Variable rate asset based lending facility due 2022 (effective interest rate of 3.5%)
10 
Variable rate term loan due 2024 (effective interest rate of 4.7%)
585 
Variable rate term loan due 2026 (effective interest rate of 4.1%)
246 
Finance lease obligation26 
 9,141 10,197 
Less unamortized discount and issuance costs62 88 
Debt$9,079 $10,109 

(a) Amounts presented for Altium Packaging reflect the period prior to the deconsolidation.
Summary of Long-term Debt
December 31, 2021PrincipalUnamortized Discount and Issuance CostsNetShort Term DebtLong Term Debt
(In millions)     
      
Loews Corporation$2,300 $22 $2,278 $2,278 
CNA Financial2,793 14 2,779 2,779 
Boardwalk Pipelines3,356 21 3,335 3,335 
Loews Hotels & Co692 5 687 $93 594 
Total$9,141 $62 $9,079 $93 $8,986