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Schedule I - Condensed Financial Information of Registrant, Statements of Cash Flows (Details) - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Operating Activities:      
Net income (loss) $ 1,545 $ 891 $ 1,685
Adjustments to reconcile net income (loss) to net cash provided (used) by operating activities:      
Equity method investees 18 236 (74)
Investment loss 53 199 (660)
Provision for deferred income taxes 127 (50) 209
Changes in operating assets and liabilities, net:      
Trading securities 577 159 (49)
Net cash flow provided by operating activities 3,907 3,314 2,623
Investing Activities:      
Change in investments, primarily short-term (80) (27) (141)
Other (178) (92) 87
Net cash flow used by investing activities (2,745) (2,347) (1,187)
Financing Activities:      
Dividends paid (57) (61) (65)
Purchases of treasury shares (849) (729) (1,136)
Payment of debt (878) (640) (1,193)
Other (18) (16) (12)
Net cash flow used by financing activities (1,300) (1,037) (1,289)
Net change in cash (133) (89) 143
Cash, beginning of year 532 621 478
Cash, end of year 399 532 621
Loews Corporation      
Operating Activities:      
Net income (loss) 1,434 822 1,562
Adjustments to reconcile net income (loss) to net cash provided (used) by operating activities:      
Equity method investees (512) (3) (804)
Investment loss 15
Provision for deferred income taxes (4) (49) 7
Changes in operating assets and liabilities, net:      
Receivables 10 (11)
Accounts payable and accrued liabilities (9) (47) (48)
Trading securities 576 153 (69)
Other, net 109 39 82
Net cash flow provided by operating activities 1,604 904 745
Investing Activities:      
Investments in and advances to subsidiaries (217) (137) 385
Change in investments, primarily short-term 29 30 72
Other (11) (9)
Net cash flow used by investing activities (199) (116) 457
Financing Activities:      
Dividends paid (57) (61) (65)
Purchases of treasury shares (849) (729) (1,136)
Payment of debt (500)
Other (5) (7) (4)
Net cash flow used by financing activities (1,411) (797) (1,205)
Net change in cash (6) (9) (3)
Cash, beginning of year 10 19 22
Cash, end of year 4 10 19
Cash dividends paid to Company by affiliates $ 1,006 $ 978 $ 853