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Schedule I - Condensed Financial Information of Registrant, Statements of Cash Flows (Details) - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Operating Activities:      
Net income $ 1,494 $ 1,545 $ 891
Adjustments to reconcile net income (loss) to net cash provided (used) by operating activities:      
Equity method investees (66) 18 236
Provision (benefit) for deferred income taxes (45) 127 (50)
Changes in operating assets and liabilities, net:      
Receivables (929) (268) (316)
Trading securities (695) 577 159
Net cash flow provided by operating activities 3,025 3,907 3,314
Investing Activities:      
Change in investments, primarily short-term (30) (80) (27)
Other (14) (178) (171)
Net cash flow used by investing activities (1,975) (2,745) (2,347)
Financing Activities:      
Dividends paid (55) (57) (61)
Purchases of treasury shares (608) (849) (729)
Payment of debt (1,366) (878) (640)
Other (58) (18) (16)
Net cash flow used by financing activities (898) (1,300) (1,037)
Net change in cash 142 (133) (89)
Cash, beginning of year 399 532 621
Cash, end of year 541 399 532
Loews Corporation      
Operating Activities:      
Net income 1,414 1,434 822
Adjustments to reconcile net income (loss) to net cash provided (used) by operating activities:      
Equity method investees (67) (512) (3)
Provision (benefit) for deferred income taxes 4 (4) (49)
Changes in operating assets and liabilities, net:      
Receivables (6) 10 (11)
Accounts payable and accrued liabilities (12) (9) (47)
Trading securities (695) 576 153
Other, net 2 109 39
Net cash flow provided by operating activities 640 1,604 904
Investing Activities:      
Investments in and advances to subsidiaries 2 (217) (137)
Change in investments, primarily short-term 27 29 30
Other (11) (9)
Net cash flow used by investing activities 29 (199) (116)
Financing Activities:      
Dividends paid (55) (57) (61)
Purchases of treasury shares (608) (849) (729)
Payment of debt (500)
Other (4) (5) (7)
Net cash flow used by financing activities (667) (1,411) (797)
Net change in cash 2 (6) (9)
Cash, beginning of year 4 10 19
Cash, end of year 6 4 10
Cash dividends paid to Company by affiliates $ 1,300 $ 1,000 $ 1,000