XML 23 R13.htm IDEA: XBRL DOCUMENT
v3.22.2.2

Shareholders' Equity | 9 Months Ended
--- | ---
Sep. 30, 2022
Equity [Abstract] |
Shareholders' Equity | Shareholders’ Equity Accumulated other comprehensive income (loss) The tables below present the changes in AOCI by component for the three and nine months ended September 30, 2021 and 2022:
| Net Unrealized Gains (Losses) on Investments with an Allowance for Credit Losses |  | Net Unrealized Gains (Losses) on Other Investments |  | Unrealized Gains (Losses) on Cash Flow Hedges |  | Pension and Postretirement Benefits |  | Foreign Currency Translation |  | Total Accumulated Other Comprehensive Income (Loss)
(In millions) |  |  |  |  |  |  |  |  |  |  |
Balance, July 1, 2021 | $ | — |  |  | $ | 1,271 |  |  | $ | (11) |  |  | $ | (863) |  |  | $ | (70) |  |  | $ | 327 |
Other comprehensive income (loss) before reclassifications, after tax of $0, $32, $0, $0 and $0 |  |  | (121) |  |  | 1 |  |  | 3 |  |  | (33) |  |  | (150) |
Reclassification of (gains) losses from accumulated other comprehensive income, after tax of $0, $5, $0, $(2) and $0 |  |  | (17) |  |  | 1 |  |  | 13 |  |  |  |  | (3) |
Other comprehensive income (loss) | — |  |  | (138) |  |  | 2 |  |  | 16 |  |  | (33) |  |  | (153) |
Amounts attributable to noncontrolling interests |  |  | 14 |  |  |  |  | (1) |  |  | 4 |  |  | 17 |
Balance, September 30, 2021 | $ | — |  |  | $ | 1,147 |  |  | $ | (9) |  |  | $ | (848) |  |  | $ | (99) |  |  | $ | 191 |
Balance, July 1, 2022 | $ | (7) |  |  | $ | (1,721) |  |  | $ | 18 |  |  | $ | (625) |  |  | $ | (175) |  |  | $ | (2,510) |
Other comprehensive income (loss) before reclassifications, after tax of $1, $381, $0, $0 and $0 |  |  | (1,429) |  |  | 6 |  |  |  |  | (106) |  |  | (1,529) |
Reclassification of (gains) losses from accumulated other comprehensive loss, after tax of $0, $(11), $(1), $(2) and $0 | (2) |  |  | 102 |  |  | (2) |  |  | 6 |  |  |  |  | 104 |
Other comprehensive income (loss) | (2) |  |  | (1,327) |  |  | 4 |  |  | 6 |  |  | (106) |  |  | (1,425) |
Amounts attributable to noncontrolling interests | (1) |  |  | 124 |  |  |  |  | (1) |  |  | 10 |  |  | 132 |
Balance, September 30, 2022 | $ | (10) |  |  | $ | (2,924) |  |  | $ | 22 |  |  | $ | (620) |  |  | $ | (271) |  |  | $ | (3,803) |
| Net Unrealized Gains (Losses) on Investments with an Allowance for Credit Losses |  | Net Unrealized Gains (Losses) on Other Investments |  | Unrealized Gains (Losses) on Cash Flow Hedges |  | Pension and Postretirement Benefits |  | Foreign Currency Translation |  | Total Accumulated Other Comprehensive Income (Loss)
(In millions) |  |  |  |  |  |  |  |  |  |  |
Balance, January 1, 2021 | $ | — |  |  | $ | 1,563 |  |  | $ | (23) |  |  | $ | (877) |  |  | $ | (82) |  |  | $ | 581 |
Other comprehensive income (loss) before reclassifications, after tax of $1, $104, $(3), $0 and $0 | (2) |  |  | (391) |  |  | 12 |  |  | 1 |  |  | (19) |  |  | (399) |
Reclassification of (gains) losses from accumulated other comprehensive income, after tax of $(1), $20, $(2), $(7) and $0 | 2 |  |  | (74) |  |  | 2 |  |  | 31 |  |  |  |  | (39) |
Other comprehensive income (loss) | — |  |  | (465) |  |  | 14 |  |  | 32 |  |  | (19) |  |  | (438) |
Amounts attributable to noncontrolling interests |  |  | 49 |  |  |  |  | (3) |  |  | 2 |  |  | 48 |
Balance, September 30, 2021 | $ | — |  |  | $ | 1,147 |  |  | $ | (9) |  |  | $ | (848) |  |  | $ | (99) |  |  | $ | 191 |
Balance, January 1, 2022 | $ | (2) |  |  | $ | 930 |  |  | $ | (6) |  |  | $ | (636) |  |  | $ | (100) |  |  | $ | 186 |
Other comprehensive income (loss) before reclassifications, after tax of $1, $1,165, $3, $0 and $0 | (5) |  |  | (4,401) |  |  | 27 |  |  |  |  | (189) |  |  | (4,568) |
Reclassification of (gains) losses from accumulated other comprehensive loss, after tax of $1, $(15), $0, $(5) and $0 | (3) |  |  | 117 |  |  | 1 |  |  | 18 |  |  |  |  | 133 |
Other comprehensive income (loss) | (8) |  |  | (4,284) |  |  | 28 |  |  | 18 |  |  | (189) |  |  | (4,435) |
Amounts attributable to noncontrolling interests |  |  | 430 |  |  |  |  | (2) |  |  | 18 |  |  | 446 |
Balance, September 30, 2022 | $ | (10) |  |  | $ | (2,924) |  |  | $ | 22 |  |  | $ | (620) |  |  | $ | (271) |  |  | $ | (3,803) |
Amounts reclassified from AOCI shown above are reported in Net income (loss) as follows:
Major Category of AOCI | Affected Line Item
Net unrealized gains (losses) on investments with an allowance for credit losses and Net unrealized gains (losses) on other investments | Investment gains (losses)
Unrealized gains (losses) on cash flow hedges | Operating revenues and other, Interest expense and Operating expenses and other
Pension and postretirement benefits | Operating expenses and other
Treasury Stock Loews Corporation repurchased 10.5 million and 15.7 million shares of its common stock at aggregate costs of $614 million and $826 million during the nine months ended September 30, 2022 and 2021. Loews Corporation purchased 0.7 million shares of CNA’s common stock at an aggregate cost of $26 million during the nine months ended September 30, 2022.

X
- References No definition available. + Details
Name: | us-gaap_EquityAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- 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 https://asc.fasb.org/topic&trid=2208762 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 13 -Subparagraph (b) -URI https://asc.fasb.org/extlink&oid=126973232&loc=SL123496158-112644 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 13 -URI https://asc.fasb.org/extlink&oid=126973232&loc=SL123496158-112644 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 14 -Subparagraph (c) -URI https://asc.fasb.org/extlink&oid=126973232&loc=SL123496171-112644 Reference 5: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 14 -Subparagraph (b) -URI https://asc.fasb.org/extlink&oid=126973232&loc=SL123496171-112644 Reference 6: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.3-04) -URI https://asc.fasb.org/extlink&oid=120397183&loc=d3e187085-122770 Reference 7: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 18 -Subparagraph (d) -URI https://asc.fasb.org/extlink&oid=126973232&loc=SL123496189-112644 Reference 8: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 13 -Subparagraph (g) -URI https://asc.fasb.org/extlink&oid=126973232&loc=SL123496158-112644 Reference 9: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 18 -Subparagraph (a) -URI https://asc.fasb.org/extlink&oid=126973232&loc=SL123496189-112644 Reference 10: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 13 -Subparagraph (h) -URI https://asc.fasb.org/extlink&oid=126973232&loc=SL123496158-112644 Reference 11: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 14 -Subparagraph (a) -URI https://asc.fasb.org/extlink&oid=126973232&loc=SL123496171-112644 Reference 12: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 18 -Subparagraph (b) -URI https://asc.fasb.org/extlink&oid=126973232&loc=SL123496189-112644 Reference 13: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 16 -Subparagraph (b) -URI https://asc.fasb.org/extlink&oid=126973232&loc=SL123496180-112644 Reference 14: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 13 -Subparagraph (i) -URI https://asc.fasb.org/extlink&oid=126973232&loc=SL123496158-112644 Reference 15: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 235 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.4-08(e)(1)) -URI https://asc.fasb.org/extlink&oid=120395691&loc=d3e23780-122690 Reference 16: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 40 -Section 50 -Paragraph 6 -Subparagraph (a) -URI https://asc.fasb.org/extlink&oid=126731327&loc=SL126733271-114008 + Details
Name: | us-gaap_StockholdersEquityNoteDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration