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CONSOLIDATED CONDENSED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Operating Activities:    
Net income $ 354 $ 392
Adjustments to reconcile net income to net cash provided by operating activities, net 200 180
Changes in operating assets and liabilities, net:    
Receivables 1 (246)
Deferred acquisition costs (24) (37)
Insurance reserves 446 656
Other assets 83 (92)
Other liabilities (406) 27
Trading securities (582) (144)
Net cash flow provided by operating activities 72 736
Investing Activities:    
Purchases of fixed maturities (1,502) (1,775)
Proceeds from sales of fixed maturities 364 643
Proceeds from maturities of fixed maturities 813 814
Purchases of equity securities (174) (124)
Proceeds from sales of equity securities 136 104
Purchases of limited partnership investments (83) (78)
Proceeds from sales of limited partnership investments 33 25
Purchases of property, plant and equipment (204) (98)
Change in short-term investments 1,576 330
Other, net 35 (45)
Net cash flow provided (used) by investing activities 994 (204)
Financing Activities:    
Dividends paid (13) (13)
Dividends paid to noncontrolling interests (55) (55)
Purchases of Loews Corporation treasury stock (31) (394)
Purchases of subsidiary stock from noncontrolling interests (36) (34)
Principal payments on debt (1,051) (1)
Issuance of debt 495
Other, net (23) (23)
Net cash flow used by financing activities (714) (520)
Effect of foreign exchange rate on cash (4) 7
Net change in cash 348 19
Cash, beginning of period 495 541
Cash, end of period $ 843 $ 560