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Shareholders' Equity
 3 Months Ended
Mar. 31, 2019
Equity [Abstract]  
Shareholders' Equity
6.
Shareholders’ Equity
Accumulated other comprehensive income (loss)
The tables below present the changes in AOCI by component for the three months ended March 31, 2018 and 2019:
 
                 Total
                 Accumulated
  OTTI  Unrealized        Foreign  Other
  Gains  Gains (Losses)  Cash Flow  Pension  Currency  Comprehensive
  (Losses)  on Investments  Hedges  Liability  Translation  Income (Loss)
(In millions)
                        
       
Balance, January 1, 2018, as reported
 $22  $673  $-  $(633)  $(88)  $(26) 
Cumulative effect adjustments from changes in accounting standards, after tax of $0, $8, $0, $0 and $0
  4   98       (130)       (28) 
Balance, January 1, 2018, as adjusted
  26   771   -   (763)   (88)   (54) 
Other comprehensive income (loss) before reclassifications, after tax of $2, $105, $(2), $0 and $0
  (10)   (414)   8       11   (405) 
Reclassification of (gains) losses from accumulated other comprehensive income, after tax of $0, $4, $0, $(3) and $0
  1   (15)   2   10       (2) 
Other comprehensive income (loss)
  (9)   (429)   10   10   11   (407) 
Amounts attributable to noncontrolling interests
  1   44           (1)   44 
Balance, March 31, 2018
 $18  $386  $10  $(753)  $(78)  $(417) 
                         
       
Balance, January 1, 2019
 
$
14
  
$
57
  
$
5
  
$
(793
) 
 
$
(163
) 
 
$
(880
) 
Other comprehensive income (loss) before reclassifications, after tax of $(1), $(140), $2, $0 and $0
  
4
   
521
   
(6
) 
  
(1
) 
  
17
   
535
 
Reclassification of losses from accumulated other comprehensive income, after tax of $0, $(1), $0, $(2) and $0
      
5
       
9
       
14
 
Other comprehensive income (loss)
  
4
   
526
   
(6
) 
  
8
   
17
   
549
 
Amounts attributable to noncontrolling interests
      
(56
) 
      
(1
) 
  
(2
) 
  
(59
) 
Balance, March 31, 2019
 
$
18
  
$
527
  
$
(1
) 
 
$
(786
) 
 
$
(148
) 
 
$
(390
) 
                         
Amounts reclassified from AOCI shown above are reported in Net income as follows:
 
Major Category of AOCI
 
Affected Line Item
  
OTTI gains (losses)
 
Investment gains (losses)
Unrealized gains (losses) on investments
 
Investment gains (losses)
Cash flow hedges
 
Operating revenues and other and Operating expenses and other
Pension liability
 
Operating expenses and other
 
 
Treasury Stock
The Company repurchased 6.8 million and 9.9 million shares of Loews common stock at an aggregate cost of $322 and $497 million during the three months ended March 31, 2019 and 2018.