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CONSOLIDATED CONDENSED STATEMENTS OF EQUITY (Unaudited) - USD ($)
$ in Millions
Total
As Reported
Effect of Adoption
Common Stock
Common Stock
As Reported
Additional Paid-in Capital
Additional Paid-in Capital
As Reported
Retained Earnings
Retained Earnings
As Reported
Retained Earnings
Effect of Adoption
Accumulated Other Comprehensive Income (Loss)
Accumulated Other Comprehensive Income (Loss)
As Reported
Accumulated Other Comprehensive Income (Loss)
Effect of Adoption
Common Stock Held in Treasury
Common Stock Held in Treasury
As Reported
Noncontrolling Interests
Noncontrolling Interests
As Reported
Noncontrolling Interests
Effect of Adoption
Balance at beginning of period at Dec. 31, 2021 $ 17,471 $ 19,175 $ (1,704) $ 2 $ 2 $ 2,885 $ 2,885 $ 14,754 $ 14,776 $ (22) $ (1,320) $ 186 $ (1,506) $ (3) $ (3) $ 1,153 $ 1,329 $ (176)
Increase (Decrease) in Stockholders' Equity [Roll Forward]                                    
Net income 539 572 (33)         489               50    
Other comprehensive income (loss) (1,780) (3,010) 1,230               (1,594)         (186)    
Dividends paid (110)             (31)                    
Dividends paid                               (79)    
Purchase of subsidiary stock from noncontrolling interests (21)         (1)                   (20)    
Purchases of Loews Corporation treasury stock (384)                         (384)        
Stock-based compensation 2         (14)                   16    
Other (3)         (1)   (2)     1     1   (2)    
Balance at end of period at Jun. 30, 2022 $ 15,714     2   2,869   15,210     (2,913)     (386)   932    
Increase (Decrease) in Stockholders' Equity [Roll Forward]                                    
Dividends paid (in dollars per share) $ 0.125                                  
Balance at beginning of period at Mar. 31, 2022 $ 16,576 17,695 (1,119) 2 2 2,859 2,859 15,059 15,097 (38) (2,216) (1,251) (965) (132) (132) 1,004 1,120 (116)
Increase (Decrease) in Stockholders' Equity [Roll Forward]                                    
Net income 187 202 (15)         167               20    
Other comprehensive income (loss) (778) (1,405) 627               (699)         (79)    
Dividends paid (26)             (15)                    
Dividends paid                               (11)    
Purchases of Loews Corporation treasury stock (255)                         (255)        
Stock-based compensation 12         11                   1    
Other (2)         (1)   (1)     2     1   (3)    
Balance at end of period at Jun. 30, 2022 $ 15,714     2   2,869   15,210     (2,913)     (386)   932    
Increase (Decrease) in Stockholders' Equity [Roll Forward]                                    
Dividends paid (in dollars per share) $ 0.0625                                  
Balance at beginning of period at Dec. 31, 2022 $ 15,201 $ 15,478 $ (277) 2 $ 2 2,748 $ 2,748 14,931 $ 15,144 $ (213) (3,320) $ (3,284) $ (36) (12) $ (12) 852 $ 880 $ (28)
Increase (Decrease) in Stockholders' Equity [Roll Forward]                                    
Net income 792             735               57    
Other comprehensive income (loss) 180                   160         20    
Dividends paid (84)             (29)                    
Dividends paid                               (55)    
Purchase of subsidiary stock from noncontrolling interests (26)                             (26)    
Purchases of Loews Corporation treasury stock (593)                         (593)        
Stock-based compensation 5         (17)                   22    
Other (5)         (3)               1   (3)    
Balance at end of period at Jun. 30, 2023 $ 15,470     2   2,728   15,637     (3,160)     (604)   867    
Increase (Decrease) in Stockholders' Equity [Roll Forward]                                    
Dividends paid (in dollars per share) $ 0.125                                  
Balance at beginning of period at Mar. 31, 2023 $ 15,314     2   2,716   15,293     (3,062)     (498)   863    
Increase (Decrease) in Stockholders' Equity [Roll Forward]                                    
Net income 388             360               28    
Other comprehensive income (loss) (109)                   (98)         (11)    
Dividends paid (25)             (14)                    
Dividends paid                               (11)    
Purchase of subsidiary stock from noncontrolling interests (2)                             (2)    
Purchases of Loews Corporation treasury stock (107)                         (107)        
Stock-based compensation 9         9                        
Other 2         3   (2)           1        
Balance at end of period at Jun. 30, 2023 $ 15,470     $ 2   $ 2,728   $ 15,637     $ (3,160)     $ (604)   $ 867    
Increase (Decrease) in Stockholders' Equity [Roll Forward]                                    
Dividends paid (in dollars per share) $ 0.0625