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Revenue from Contracts with Customers (Details) - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2018
Disaggregation of Revenues [Abstract]      
Revenues from contracts with customers $ 2,820 $ 3,870 $ 3,886
Other revenues 113 68 101
Operating revenues and other 2,933 3,938 3,987
Deferred Revenue [Abstract]      
Deferred revenue 4,023 3,779  
Revenue recognized 1,100 1,000  
Contract Costs [Abstract]      
Contract costs 3,068 2,840  
Amortization of contract costs 907 912  
Adjustments to deferred costs 0 0  
Performance Obligations [Abstract]      
Remaining performance obligations 13,400    
Receivables [Member]      
Receivables from Contracts with Customers [Abstract]      
Receivables from contracts with customers 246 458  
Other Liabilities [Member]      
Deferred Revenue [Abstract]      
Deferred revenue 4,100 3,900  
Deferred Non-insurance Warranty Acquisition Expenses [Member]      
Contract Costs [Abstract]      
Contract costs 3,100 2,900  
CNA Financial [Member] | Non-Insurance Warranty [Member]      
Disaggregation of Revenues [Abstract]      
Revenues from contracts with customers 1,252 1,161 1,007
Boardwalk Pipelines [Member] | Transportation and Storage of Natural Gas and NGLs and Other Services [Member]      
Disaggregation of Revenues [Abstract]      
Revenues from contracts with customers 1,264 1,266 1,206
Loews Hotels & Co [Member] | Lodging and Related Services [Member]      
Disaggregation of Revenues [Abstract]      
Revenues from contracts with customers 234 691 730
Corporate [Member] | Rigid Plastic Packaging and Recycled Resin [Member]      
Disaggregation of Revenues [Abstract]      
Revenues from contracts with customers 1,022 932 867
Diamond Offshore [Member] | Contract Drilling [Member]      
Disaggregation of Revenues [Abstract]      
Revenues from contracts with customers [1] 300 $ 981 $ 1,083
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2021-01-01      
Performance Obligations [Abstract]      
Remaining performance obligations $ 2,400    
Expected timing of satisfaction 1 year    
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2022-01-01      
Performance Obligations [Abstract]      
Remaining performance obligations $ 2,000    
Expected timing of satisfaction 1 year    
[1] Revenues presented for Diamond Offshore reflect the periods prior to deconsolidation. See Notes 2 and 20 for further discussion