Property, Plant and Equipment (Tables)

12 Months Ended

Dec. 31, 2019

Property, Plant and Equipment [Abstract]

Components of Property, Plant and Equipment

December 31	2019		2018
(In millions)
Pipeline equipment (net of accumulated depreciation of $3,075 and $2,761)	$	8,229	$	8,238
Offshore drilling equipment (net of accumulated depreciation of $2,885 and $3,067)		5,119		5,144
Other (net of accumulated depreciation of $1,114 and $1,056)		1,625		1,812
Construction in process		595		317
Property, plant and equipment	$	15,568	$	15,511

Depreciation Expense and Capital Expenditures

Depreciation expense and capital expenditures are as follows:

Year Ended December 31	2019				2018				2017
	Depre-		Capital		Depre-		Capital		Depre-		Capital
	ciation		Expend.		ciation		Expend.		ciation		Expend.
(In millions)
CNA Financial	$	64	$	26	$	76	$	99	$	80	$	101
Diamond Offshore		356		345		332		222		349		113
Boardwalk Pipelines		348		418		346		487		325		689
Loews Hotels & Co		60		216		67		139		63		57
Corporate		70		53		59		48		37		30
Total	$	898	$	1,058	$	880	$	995	$	854	$	990