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Shareholders' Equity | 6 Months Ended
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Jun. 30, 2019
Equity [Abstract] |
Shareholders' Equity | 8. Shareholders’ Equity Accumulated other comprehensive income (loss) The tables below present the changes in AOCI by component for the three and six months ended June 30, 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, April 1, 2018 |  | $ | 18 |  |  | $ | 386 |  |  | $ | 10 |  |  | $ | (753 | ) |  | $ | (78 | ) |  | $ | (417 | )
Other comprehensive income (loss) before reclassifications, after tax of $1, $45, $0, $0 and $0 |  |  | (1 | ) |  |  | (156 | ) |  |  | 4 |  |  |  |  |  |  |  | (52 | ) |  |  | (205 | )
Reclassification of (gains) losses from accumulated other comprehensive income, after tax of $0, $1, $0, $(2) and $0 |  |  |  |  |  |  | (3 | ) |  |  |  |  |  |  | 9 |  |  |  |  |  |  |  | 6 |
Other comprehensive income (loss) |  |  | (1 | ) |  |  | (159 | ) |  |  | 4 |  |  |  | 9 |  |  |  | (52 | ) |  |  | (199 | )
Amounts attributable to noncontrolling interests |  |  |  |  |  |  | 17 |  |  |  |  |  |  |  | (2 | ) |  |  | 5 |  |  |  | 20 |
Purchase of Boardwalk Pipelines common units |  |  |  |  |  |  |  |  |  |  | (1 | ) |  |  | (28 | ) |  |  |  |  |  |  | (29 | )
Balance, June 30, 2018 |  | $ | 17 |  |  | $ | 244 |  |  | $ | 13 |  |  | $ | (774 | ) |  | $ | (125 | ) |  | $ | (625 | )
Balance, April 1, 2019 |  | $ | 18 |  |  | $ | 527 |  |  | $ | (1 | ) |  | $ | (786 | ) |  | $ | (148 | ) |  | $ | (390 | )
Other comprehensive income (loss) before reclassifications, after tax of $ (1) , $( 114) , $ 2 , $ 0 and $ 0 |  |  | (1 | ) |  |  | 434 |  |  |  | (6 | ) |  |  |  |  |  |  | 3 |  |  |  | 430 |
Reclassification of losses from accumulated other comprehensive income, after tax of $ 0 , $ 0 , $ 0 , $( 3) and $ 0 |  |  | 1 |  |  |  | 2 |  |  |  |  |  |  |  | 7 |  |  |  |  |  |  |  | 10 |
Other comprehensive income (loss) |  |  | — |  |  |  | 436 |  |  |  | (6 | ) |  |  | 7 |  |  |  | 3 |  |  |  | 440 |
Amounts attributable to noncontrolling interests |  |  |  |  |  |  | (46 | ) |  |  |  |  |  |  | (1 | ) |  |  |  |  |  |  | (47 | )
Balance, June 30, 2019 |  | $ | 18 |  |  | $ | 917 |  |  | $ | (7 | ) |  | $ | (780 | ) |  | $ | (145 | ) |  | $ | 3 |
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
|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 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 adjustment 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 $3, $150, $(2), $0 and $0 |  |  | (11 | ) |  |  | (570 | ) |  |  | 12 |  |  |  |  |  |  |  | (41 | ) |  |  | (610 | )
Reclassification of (gains) losses from accumulated other comprehensive income, after tax of $0, $5, $0, $(5) and $0 |  |  | 1 |  |  |  | (18 | ) |  |  | 2 |  |  |  | 19 |  |  |  |  |  |  |  | 4 |
Other comprehensive income (loss) |  |  | (10 | ) |  |  | (588 | ) |  |  | 14 |  |  |  | 19 |  |  |  | (41 | ) |  |  | (606 | )
Amounts attributable to noncontrolling interests |  |  | 1 |  |  |  | 61 |  |  |  |  |  |  |  | (2 | ) |  |  | 4 |  |  |  | 64 |
Purchase of Boardwalk Pipelines common units |  |  |  |  |  |  |  |  |  |  | (1 | ) |  |  | (28 | ) |  |  |  |  |  |  | (29 | )
Balance, June 30, 2018 |  | $ | 17 |  |  | $ | 244 |  |  | $ | 13 |  |  | $ | (774 | ) |  | $ | (125 | ) |  | $ | (625 | )
Balance, January 1, 2019 |  | $ | 14 |  |  | $ | 57 |  |  | $ | 5 |  |  | $ | (793 | ) |  | $ | (163 | ) |  | $ | (880 | )
Other comprehensive income (loss) before reclassifications, after tax of $(2), $( 254) , $ 4 , $ 0 and $ 0 |  |  | 3 |  |  |  | 955 |  |  |  | (12 | ) |  |  | (1 | ) |  |  | 20 |  |  |  | 965 |
Re classification of losses from accumulated other comprehensive incom e, after tax of $ 0 , $ (1) , $ 0 , $ (5) and $ 0 |  |  | 1 |  |  |  | 7 |  |  |  |  |  |  |  | 16 |  |  |  |  |  |  |  | 24 |
Other comprehensive income (loss) |  |  | 4 |  |  |  | 962 |  |  |  | (12 | ) |  |  | 15 |  |  |  | 20 |  |  |  | 989 |
Amounts attributable to noncontrolling interests |  |  |  |  |  |  | (102 | ) |  |  |  |  |  |  | (2 | ) |  |  | (2 | ) |  |  | (106 | )
Balance, June 30, 2019 |  | $ | 18 |  |  | $ | 917 |  |  | $ | (7 | ) |  | $ | (780 | ) |  | $ | (145 | ) |  | $ | 3 |
Treasury Stock The Company repurchased 9.8 million and 15.6 million shares of Loews common stock at an aggregate cost of $ 473 million and $ 788 million during the six months ended June 30, 2019 and 2018.

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- Definition The entire disclosure for shareholders' equity comprised of portions attributable to the parent entity and noncontrolling interest, including other comprehensive income. Includes, but is not limited to, balances of common stock, preferred stock, additional paid-in capital, other capital and retained earnings, accumulated balance for each classification of other comprehensive income and amount of comprehensive income. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -URI http://asc.fasb.org/topic&trid=2208762 + Details
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