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CONSOLIDATED STATEMENTS OF EQUITY - USD ($)
$ in Millions
Total
Common Stock
Additional Paid-in Capital
Retained Earnings
Accumulated Other Comprehensive Income (Loss)
Common Stock Held in Treasury
Noncontrolling Interests
Cumulative Effect, Period of Adoption, Adjustment
Cumulative Effect, Period of Adoption, Adjustment
Retained Earnings
Cumulative Effect, Period of Adoption, Adjusted Balance
Cumulative Effect, Period of Adoption, Adjusted Balance
Common Stock
Cumulative Effect, Period of Adoption, Adjusted Balance
Additional Paid-in Capital
Cumulative Effect, Period of Adoption, Adjusted Balance
Retained Earnings
Cumulative Effect, Period of Adoption, Adjusted Balance
Accumulated Other Comprehensive Income (Loss)
Cumulative Effect, Period of Adoption, Adjusted Balance
Common Stock Held in Treasury
Cumulative Effect, Period of Adoption, Adjusted Balance
Noncontrolling Interests
Balance at beginning of period at Dec. 31, 2018 $ 21,386 $ 3 $ 3,627 $ 15,773 $ (880) $ (5) $ 2,868                  
Increase (Decrease) in Stockholders' Equity [Roll Forward]                                
Net income 871     932     (61)                  
Other comprehensive income 911       812   99                  
Dividends paid ($0.25 per share) (174)     (76)                        
Dividends paid ($0.25 per share)             (98)                  
Purchase of subsidiary stock from noncontrolling interests (23)           (23)                  
Purchases of Loews Corporation treasury stock (1,059)         (1,059)                    
Retirement of treasury stock 0   (248) (803)   1,051                    
Stock-based compensation 27   4       23                  
Other (9)   (9) (3)     3                  
Balance at end of period at Dec. 31, 2019 21,930 3 3,374 15,823 (68) (13) 2,811 $ (5) $ (5) $ 21,925 $ 3 $ 3,374 $ 15,818 $ (68) $ (13) $ 2,811
Increase (Decrease) in Stockholders' Equity [Roll Forward]                                
Net income (1,291)     (931)     (360)                  
Other comprehensive income 727       649   78                  
Dividends paid ($0.25 per share) (169)     (70)                        
Dividends paid ($0.25 per share)             (99)                  
Purchase of subsidiary stock from noncontrolling interests (37)   5       (42)                  
Deconsolidation of Diamond Offshore (1,087)           (1,087)                  
Purchases of Loews Corporation treasury stock (917)         (917)                    
Retirement of treasury stock 0   (256) (667)   923                  
Stock-based compensation 26   8       18                  
Other 4   2     2                  
Balance at end of period at Dec. 31, 2020 19,181 3 3,133 14,150 581 (7) 1,321                  
Increase (Decrease) in Stockholders' Equity [Roll Forward]                                
Net income 1,703     1,578     125                  
Other comprehensive income (445)       (395)   (50)                  
Dividends paid ($0.25 per share) (129)     (65)                        
Dividends paid ($0.25 per share)             (64)                  
Purchase of subsidiary stock from noncontrolling interests (18)           (18)                  
Purchases of Loews Corporation treasury stock (1,132)         (1,132)                    
Retirement of treasury stock 0 (1) (246) (889)   1,136                    
Stock-based compensation 15   (2)       17                  
Other 0     2     (2)                  
Balance at end of period at Dec. 31, 2021 $ 19,175 $ 2 $ 2,885 $ 14,776 $ 186 $ (3) $ 1,329