Property, Plant and Equipment (Tables)

12 Months Ended

Dec. 31, 2020

Property, Plant and Equipment [Abstract]

Property, Plant and Equipment

December 31	2020		2019
(In millions)
Pipeline equipment (net of accumulated depreciation of $3,402 and $3,075)	$	8,368	$	8,229
Hotel properties (net of accumulated depreciation of $439 and $393)		1,083		839
Offshore drilling equipment (net of accumulated depreciation of $2,885) (a)				5,119
Other (net of accumulated depreciation of $688 and $721)		719		786
Construction in process		281		595
Property, plant and equipment	$	10,451	$	15,568

Depreciation expense and capital expenditures are as follows:

Year Ended December 31	2020				2019				2018
	Depre-		Capital		Depre-		Capital		Depre-		Capital
	ciation		Expend.		ciation		Expend.		ciation		Expend.
(In millions)
CNA Financial		56		25	$	64	$	26	$	76	$	99
Boardwalk Pipelines		361		415		348		418		346		487
Loews Hotels & Co		63		88		60		216		67		139
Corporate		74		90		70		53		59		48
Diamond Offshore (a)		119		52		356		345		332		222
Total	$	673	$	670	$	898	$	1,058	$	880		995

(a) Amounts presented for Diamond Offshore reflect the periods prior to deconsolidation. See Notes 2 and 20 for further discussion.