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Property, Plant and Equipment (Tables)
12 Months Ended
Dec. 31, 2024
Property, Plant and Equipment [Abstract]  
Summary of Property, Plant and Equipment
December 3120242023
(In millions)  
   
Pipeline equipment (net of accumulated depreciation of $4,819 and $4,470)
$8,478 $8,421 
Hotel properties (net of accumulated depreciation of $646 and $560)
1,517 1,072 
Other (net of accumulated depreciation of $578 and $534)
496 461 
Construction in process247 764 
Property, plant and equipment$10,738 $10,718 

Depreciation expense and capital expenditures are as follows:

Year Ended December 31
202420232022
 Depre-ciationCapital Expend.Depre-ciationCapital
Expend.
Depre-ciationCapital Expend.
(In millions)      
       
CNA Financial$59 $105 $54 $97 $49 $50 
Boardwalk Pipelines426 365 410 383 394 352 
Loews Hotels & Co93 115 69 201 64 264 
Corporate2 12 
Total$580 $585 $534 $693 $509 $675