<SEC-DOCUMENT>0000060086-23-000013.txt : 20230206
<SEC-HEADER>0000060086-23-000013.hdr.sgml : 20230206
<ACCEPTANCE-DATETIME>20230206064749
ACCESSION NUMBER:		0000060086-23-000013
CONFORMED SUBMISSION TYPE:	8-K
PUBLIC DOCUMENT COUNT:		16
CONFORMED PERIOD OF REPORT:	20230206
ITEM INFORMATION:		Results of Operations and Financial Condition
ITEM INFORMATION:		Financial Statements and Exhibits
FILED AS OF DATE:		20230206
DATE AS OF CHANGE:		20230206

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			LOEWS CORP
		CENTRAL INDEX KEY:			0000060086
		STANDARD INDUSTRIAL CLASSIFICATION:	FIRE, MARINE & CASUALTY INSURANCE [6331]
		IRS NUMBER:				132646102
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		8-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-06541
		FILM NUMBER:		23588333

	BUSINESS ADDRESS:	
		STREET 1:		667 MADISON AVE
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10065-8087
		BUSINESS PHONE:		212-521-2000

	MAIL ADDRESS:	
		STREET 1:		667 MADISON AVE
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10065-8087
</SEC-HEADER>
<DOCUMENT>
<TYPE>8-K
<SEQUENCE>1
<FILENAME>l-20230206.htm
<DESCRIPTION>8-K
<TEXT>
<XBRL>
<?xml version="1.0" ?><!--XBRL Document Created with Wdesk from Workiva--><!--Copyright 2023 Workiva--><!--r:3bc4c168-cae6-4a50-bc83-5d1dd96a3a2e,g:40983e6a-920e-4349-830e-a45d2b591990,d:09a595e196484828903c68938e344d3a--><html xmlns="http://www.w3.org/1999/xhtml" xmlns:ix="http://www.xbrl.org/2013/inlineXBRL" xmlns:xbrli="http://www.xbrl.org/2003/instance" xmlns:ixt="http://www.xbrl.org/inlineXBRL/transformation/2020-02-12" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance" xmlns:ixt-sec="http://www.sec.gov/inlineXBRL/transformation/2015-08-31" xmlns:exch="http://xbrl.sec.gov/exch/2022" xmlns:link="http://www.xbrl.org/2003/linkbase" xmlns:xlink="http://www.w3.org/1999/xlink" xmlns:dei="http://xbrl.sec.gov/dei/2022" xmlns:l="http://loews.com/20230206" xmlns:us-gaap="http://fasb.org/us-gaap/2022" xml:lang="en-US"><head><meta http-equiv="Content-Type" content="text/html"/>


<title>l-20230206</title></head><body><div style="display:none"><ix:header><ix:hidden><ix:nonNumeric contextRef="i67003911b4c74e359fced5174d6dc8c4_D20230206-20230206" name="dei:EntityCentralIndexKey" id="id3VybDovL2RvY3MudjEvZG9jOjA5YTU5NWUxOTY0ODQ4Mjg5MDNjNjg5MzhlMzQ0ZDNhL3NlYzowOWE1OTVlMTk2NDg0ODI4OTAzYzY4OTM4ZTM0NGQzYV80L2ZyYWc6ZTE3MmI3OGVhOTJlNGMzNGI1ODgwMjE4MjcxN2JiZGEvdGFibGU6MGI5YTYzYmNlOTVjNGE5MTgwMjI0YjBhNzYxOWE5ZDcvdGFibGVyYW5nZTowYjlhNjNiY2U5NWM0YTkxODAyMjRiMGE3NjE5YTlkN18yLTEtMS0xLTExMDU2OQ_c7eeca43-d6df-4784-ab9b-7e17ff91cf6c">0000060086</ix:nonNumeric><ix:nonNumeric contextRef="i67003911b4c74e359fced5174d6dc8c4_D20230206-20230206" name="dei:AmendmentFlag" format="ixt:fixed-false" id="id3VybDovL2RvY3MudjEvZG9jOjA5YTU5NWUxOTY0ODQ4Mjg5MDNjNjg5MzhlMzQ0ZDNhL3NlYzowOWE1OTVlMTk2NDg0ODI4OTAzYzY4OTM4ZTM0NGQzYV80L2ZyYWc6ZTE3MmI3OGVhOTJlNGMzNGI1ODgwMjE4MjcxN2JiZGEvdGFibGU6MGI5YTYzYmNlOTVjNGE5MTgwMjI0YjBhNzYxOWE5ZDcvdGFibGVyYW5nZTowYjlhNjNiY2U5NWM0YTkxODAyMjRiMGE3NjE5YTlkN18zLTEtMS0xLTExMDU2OQ_ace3193c-c031-4c46-9600-8df6a5981d3b">FALSE</ix:nonNumeric></ix:hidden><ix:references xml:lang="en-US"><link:schemaRef xlink:type="simple" xlink:href="l-20230206.xsd"></link:schemaRef></ix:references><ix:resources><xbrli:context id="i67003911b4c74e359fced5174d6dc8c4_D20230206-20230206"><xbrli:entity><xbrli:identifier scheme="http://www.sec.gov/CIK">0000060086</xbrli:identifier></xbrli:entity><xbrli:period><xbrli:startDate>2023-02-06</xbrli:startDate><xbrli:endDate>2023-02-06</xbrli:endDate></xbrli:period></xbrli:context></ix:resources></ix:header></div><div id="i09a595e196484828903c68938e344d3a_1"></div><div style="min-height:21.6pt;width:100%"><div><span><br/></span></div></div><div><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"></td><td style="width:98.900%"></td><td style="width:0.1%"></td></tr><tr style="height:3pt"><td colspan="3" style="border-bottom:2.5pt double #000000;padding:0 1pt"></td></tr></table></div><div><span><br/></span></div><div style="text-align:center"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:18pt;font-weight:700;line-height:120%">UNITED STATES</span></div><div style="text-align:center"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:18pt;font-weight:700;line-height:120%">SECURITIES AND EXCHANGE COMMISSION</span></div><div style="text-align:center"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">WASHINGTON, D.C. 20549</span></div><div style="text-align:center"><span><br/></span></div><div style="text-align:center"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:18pt;font-weight:700;line-height:120%">FORM <ix:nonNumeric contextRef="i67003911b4c74e359fced5174d6dc8c4_D20230206-20230206" name="dei:DocumentType" id="id3VybDovL2RvY3MudjEvZG9jOjA5YTU5NWUxOTY0ODQ4Mjg5MDNjNjg5MzhlMzQ0ZDNhL3NlYzowOWE1OTVlMTk2NDg0ODI4OTAzYzY4OTM4ZTM0NGQzYV8xL2ZyYWc6ZTc4MDg4MmFmMDQ5NGIyNWE0NzA3ZTU5NjE0OTk4ZmQvdGV4dHJlZ2lvbjplNzgwODgyYWYwNDk0YjI1YTQ3MDdlNTk2MTQ5OThmZF8xNDM4_0443b1ae-076d-4ebb-8275-578ddf98d6b6">8-K</ix:nonNumeric></span></div><div style="text-align:center"><span><br/></span></div><div style="text-align:center"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">CURRENT REPORT</span></div><div style="text-align:center"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934</span></div><div><span><br/></span></div><div><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"></td><td style="width:39.910%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:30.103%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:26.687%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Date of Report (Date of earliest event reported)</span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#160;&#160;&#160;&#160;&#160;</span></td><td colspan="3" style="border-bottom:1pt solid #b6b6b6;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%"><ix:nonNumeric contextRef="i67003911b4c74e359fced5174d6dc8c4_D20230206-20230206" name="dei:DocumentPeriodEndDate" format="ixt:date-monthname-day-year-en" id="id3VybDovL2RvY3MudjEvZG9jOjA5YTU5NWUxOTY0ODQ4Mjg5MDNjNjg5MzhlMzQ0ZDNhL3NlYzowOWE1OTVlMTk2NDg0ODI4OTAzYzY4OTM4ZTM0NGQzYV8xL2ZyYWc6ZTc4MDg4MmFmMDQ5NGIyNWE0NzA3ZTU5NjE0OTk4ZmQvdGFibGU6ZDZmMWZlOGY3M2I5NGIyOTg4NTdmMTZjZmU4NGNlMTEvdGFibGVyYW5nZTpkNmYxZmU4ZjczYjk0YjI5ODg1N2YxNmNmZTg0Y2UxMV8wLTItMS0xLTExMDU2OQ_3e7d0d51-05d4-43c3-8e02-f6d48175384b">February 6, 2023</ix:nonNumeric></span></td></tr></table></div><div><span><br/></span></div><div><span><br/></span></div><div style="text-align:center"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:24pt;font-weight:700;line-height:120%"><ix:nonNumeric contextRef="i67003911b4c74e359fced5174d6dc8c4_D20230206-20230206" name="dei:EntityRegistrantName" id="id3VybDovL2RvY3MudjEvZG9jOjA5YTU5NWUxOTY0ODQ4Mjg5MDNjNjg5MzhlMzQ0ZDNhL3NlYzowOWE1OTVlMTk2NDg0ODI4OTAzYzY4OTM4ZTM0NGQzYV8xL2ZyYWc6ZTc4MDg4MmFmMDQ5NGIyNWE0NzA3ZTU5NjE0OTk4ZmQvdGV4dHJlZ2lvbjplNzgwODgyYWYwNDk0YjI1YTQ3MDdlNTk2MTQ5OThmZF8xNDQw_2d28a88a-e6e1-4f11-9a72-49efebe0b42a">LOEWS CORPORATION</ix:nonNumeric></span></div><div style="text-align:center"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:98.958%"><tr><td style="width:1.0%"></td><td style="width:98.900%"></td><td style="width:0.1%"></td></tr><tr style="height:3pt"><td colspan="3" style="border-bottom:0.5pt solid #000000;padding:0 1pt"></td></tr></table></div><div style="text-align:center"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">(Exact name of registrant as specified in its charter)</span></div><div><span><br/></span></div><div style="text-align:center"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"></td><td style="width:22.709%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:18.691%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:17.203%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:18.691%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:17.206%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%"><ix:nonNumeric contextRef="i67003911b4c74e359fced5174d6dc8c4_D20230206-20230206" name="dei:EntityIncorporationStateCountryCode" format="ixt-sec:stateprovnameen" id="id3VybDovL2RvY3MudjEvZG9jOjA5YTU5NWUxOTY0ODQ4Mjg5MDNjNjg5MzhlMzQ0ZDNhL3NlYzowOWE1OTVlMTk2NDg0ODI4OTAzYzY4OTM4ZTM0NGQzYV8xL2ZyYWc6ZTc4MDg4MmFmMDQ5NGIyNWE0NzA3ZTU5NjE0OTk4ZmQvdGFibGU6ZTdmNjk2NTBkY2JmNGFiMzllMjhjM2QwZjAwZGIyNjYvdGFibGVyYW5nZTplN2Y2OTY1MGRjYmY0YWIzOWUyOGMzZDBmMDBkYjI2Nl8wLTAtMS0xLTExMDU2OQ_a048dee1-947f-45d0-b18f-f75b22d9ed2c">Delaware</ix:nonNumeric></span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%"><ix:nonNumeric contextRef="i67003911b4c74e359fced5174d6dc8c4_D20230206-20230206" name="dei:EntityFileNumber" id="id3VybDovL2RvY3MudjEvZG9jOjA5YTU5NWUxOTY0ODQ4Mjg5MDNjNjg5MzhlMzQ0ZDNhL3NlYzowOWE1OTVlMTk2NDg0ODI4OTAzYzY4OTM4ZTM0NGQzYV8xL2ZyYWc6ZTc4MDg4MmFmMDQ5NGIyNWE0NzA3ZTU5NjE0OTk4ZmQvdGFibGU6ZTdmNjk2NTBkY2JmNGFiMzllMjhjM2QwZjAwZGIyNjYvdGFibGVyYW5nZTplN2Y2OTY1MGRjYmY0YWIzOWUyOGMzZDBmMDBkYjI2Nl8wLTItMS0xLTExMDU2OQ_8169ce43-4d80-4639-ba5b-c909bbccf1d4">1-6541</ix:nonNumeric></span></td><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#160;&#160;&#160;</span></td><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%"><ix:nonNumeric contextRef="i67003911b4c74e359fced5174d6dc8c4_D20230206-20230206" name="dei:EntityTaxIdentificationNumber" id="id3VybDovL2RvY3MudjEvZG9jOjA5YTU5NWUxOTY0ODQ4Mjg5MDNjNjg5MzhlMzQ0ZDNhL3NlYzowOWE1OTVlMTk2NDg0ODI4OTAzYzY4OTM4ZTM0NGQzYV8xL2ZyYWc6ZTc4MDg4MmFmMDQ5NGIyNWE0NzA3ZTU5NjE0OTk4ZmQvdGFibGU6ZTdmNjk2NTBkY2JmNGFiMzllMjhjM2QwZjAwZGIyNjYvdGFibGVyYW5nZTplN2Y2OTY1MGRjYmY0YWIzOWUyOGMzZDBmMDBkYjI2Nl8wLTQtMS0xLTExMDU2OQ_89e8d11f-d918-4429-8834-05ef15e4f96e">13-2646102</ix:nonNumeric></span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">(State or other jurisdiction of incorporation)</span></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">(Commission File Number)</span></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#160;&#160;&#160;</span></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">(I.R.S. Employer Identification No.)</span></td></tr></table></div><div><span><br/></span></div><div><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"></td><td style="width:82.703%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:15.097%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:top"><div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%"><ix:nonNumeric contextRef="i67003911b4c74e359fced5174d6dc8c4_D20230206-20230206" name="dei:EntityAddressAddressLine1" id="id3VybDovL2RvY3MudjEvZG9jOjA5YTU5NWUxOTY0ODQ4Mjg5MDNjNjg5MzhlMzQ0ZDNhL3NlYzowOWE1OTVlMTk2NDg0ODI4OTAzYzY4OTM4ZTM0NGQzYV8xL2ZyYWc6ZTc4MDg4MmFmMDQ5NGIyNWE0NzA3ZTU5NjE0OTk4ZmQvdGFibGU6Njc4MjNiOTEzMjhjNDcyZTg4ZWU3ZDc4YzZkYjk0ODEvdGFibGVyYW5nZTo2NzgyM2I5MTMyOGM0NzJlODhlZTdkNzhjNmRiOTQ4MV8wLTAtMS0xLTExMDU2OS90ZXh0cmVnaW9uOjEzNTU0ZWQwYjM0MDRjMTliZjIxNTEzZDViM2NlNjk0XzQ_375cabc2-7e3f-46a7-a8dc-c4b4b2113b21">667 Madison Avenue</ix:nonNumeric>, <ix:nonNumeric contextRef="i67003911b4c74e359fced5174d6dc8c4_D20230206-20230206" name="dei:EntityAddressCityOrTown" id="id3VybDovL2RvY3MudjEvZG9jOjA5YTU5NWUxOTY0ODQ4Mjg5MDNjNjg5MzhlMzQ0ZDNhL3NlYzowOWE1OTVlMTk2NDg0ODI4OTAzYzY4OTM4ZTM0NGQzYV8xL2ZyYWc6ZTc4MDg4MmFmMDQ5NGIyNWE0NzA3ZTU5NjE0OTk4ZmQvdGFibGU6Njc4MjNiOTEzMjhjNDcyZTg4ZWU3ZDc4YzZkYjk0ODEvdGFibGVyYW5nZTo2NzgyM2I5MTMyOGM0NzJlODhlZTdkNzhjNmRiOTQ4MV8wLTAtMS0xLTExMDU2OS90ZXh0cmVnaW9uOjEzNTU0ZWQwYjM0MDRjMTliZjIxNTEzZDViM2NlNjk0Xzg_22a1d173-6b15-41c2-9a31-e751b86c99ab">New York</ix:nonNumeric>, <ix:nonNumeric contextRef="i67003911b4c74e359fced5174d6dc8c4_D20230206-20230206" name="dei:EntityAddressStateOrProvince" id="id3VybDovL2RvY3MudjEvZG9jOjA5YTU5NWUxOTY0ODQ4Mjg5MDNjNjg5MzhlMzQ0ZDNhL3NlYzowOWE1OTVlMTk2NDg0ODI4OTAzYzY4OTM4ZTM0NGQzYV8xL2ZyYWc6ZTc4MDg4MmFmMDQ5NGIyNWE0NzA3ZTU5NjE0OTk4ZmQvdGFibGU6Njc4MjNiOTEzMjhjNDcyZTg4ZWU3ZDc4YzZkYjk0ODEvdGFibGVyYW5nZTo2NzgyM2I5MTMyOGM0NzJlODhlZTdkNzhjNmRiOTQ4MV8wLTAtMS0xLTExMDU2OS90ZXh0cmVnaW9uOjEzNTU0ZWQwYjM0MDRjMTliZjIxNTEzZDViM2NlNjk0XzEy_15591cde-7e4d-456c-afc7-fcfa3582bf9d">NY</ix:nonNumeric></span></div></td><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%"><ix:nonNumeric contextRef="i67003911b4c74e359fced5174d6dc8c4_D20230206-20230206" name="dei:EntityAddressPostalZipCode" id="id3VybDovL2RvY3MudjEvZG9jOjA5YTU5NWUxOTY0ODQ4Mjg5MDNjNjg5MzhlMzQ0ZDNhL3NlYzowOWE1OTVlMTk2NDg0ODI4OTAzYzY4OTM4ZTM0NGQzYV8xL2ZyYWc6ZTc4MDg4MmFmMDQ5NGIyNWE0NzA3ZTU5NjE0OTk4ZmQvdGFibGU6Njc4MjNiOTEzMjhjNDcyZTg4ZWU3ZDc4YzZkYjk0ODEvdGFibGVyYW5nZTo2NzgyM2I5MTMyOGM0NzJlODhlZTdkNzhjNmRiOTQ4MV8wLTEtMS0xLTExMDU2OQ_3c86bd30-9cef-465d-a7e9-3a79e89d3b63">10065-8087</ix:nonNumeric></span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000000;padding:2px 1pt;text-align:justify;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">(Address of principal executive offices) &#160;&#160;&#160;</span></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">(Zip Code)</span></td></tr></table></div><div><span><br/></span></div><div><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"></td><td style="width:71.113%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:26.687%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Registrant&#8217;s telephone number, including area code:&#160;&#160;&#160;</span></td><td colspan="3" style="border-bottom:0.5pt solid #000000;padding:2px 1pt;text-align:left;vertical-align:top"><div style="padding-right:-1.31pt;text-align:center"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">(<ix:nonNumeric contextRef="i67003911b4c74e359fced5174d6dc8c4_D20230206-20230206" name="dei:CityAreaCode" id="id3VybDovL2RvY3MudjEvZG9jOjA5YTU5NWUxOTY0ODQ4Mjg5MDNjNjg5MzhlMzQ0ZDNhL3NlYzowOWE1OTVlMTk2NDg0ODI4OTAzYzY4OTM4ZTM0NGQzYV8xL2ZyYWc6ZTc4MDg4MmFmMDQ5NGIyNWE0NzA3ZTU5NjE0OTk4ZmQvdGFibGU6MTMwMDhkZmJlOWViNDRlYzg1MTFmMTA2YjBhZGMwZjkvdGFibGVyYW5nZToxMzAwOGRmYmU5ZWI0NGVjODUxMWYxMDZiMGFkYzBmOV8wLTEtMS0xLTExMDU2OS90ZXh0cmVnaW9uOjIyZDU5MGQ3NGM5YTQzNDFiOWJkZmFmZDkwMDE1ZDE2XzU_db23edd1-ebbd-464f-bbf9-2ac494144763">212</ix:nonNumeric>) <ix:nonNumeric contextRef="i67003911b4c74e359fced5174d6dc8c4_D20230206-20230206" name="dei:LocalPhoneNumber" id="id3VybDovL2RvY3MudjEvZG9jOjA5YTU5NWUxOTY0ODQ4Mjg5MDNjNjg5MzhlMzQ0ZDNhL3NlYzowOWE1OTVlMTk2NDg0ODI4OTAzYzY4OTM4ZTM0NGQzYV8xL2ZyYWc6ZTc4MDg4MmFmMDQ5NGIyNWE0NzA3ZTU5NjE0OTk4ZmQvdGFibGU6MTMwMDhkZmJlOWViNDRlYzg1MTFmMTA2YjBhZGMwZjkvdGFibGVyYW5nZToxMzAwOGRmYmU5ZWI0NGVjODUxMWYxMDZiMGFkYzBmOV8wLTEtMS0xLTExMDU2OS90ZXh0cmVnaW9uOjIyZDU5MGQ3NGM5YTQzNDFiOWJkZmFmZDkwMDE1ZDE2Xzk_6ca1abd5-6deb-4c66-817d-8053c722fe7d">521-2000</ix:nonNumeric></span></div></td></tr></table></div><div><span><br/></span></div><div><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"></td><td style="width:98.900%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">NOT APPLICABLE</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(Former name or former address, if changed since last report.)</span></td></tr></table></div><div><span><br/></span></div><div style="text-align:justify;text-indent:18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):</span></div><div><span><br/></span></div><div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%"><ix:nonNumeric contextRef="i67003911b4c74e359fced5174d6dc8c4_D20230206-20230206" name="dei:WrittenCommunications" format="ixt:fixed-false" id="id3VybDovL2RvY3MudjEvZG9jOjA5YTU5NWUxOTY0ODQ4Mjg5MDNjNjg5MzhlMzQ0ZDNhL3NlYzowOWE1OTVlMTk2NDg0ODI4OTAzYzY4OTM4ZTM0NGQzYV8xL2ZyYWc6ZTc4MDg4MmFmMDQ5NGIyNWE0NzA3ZTU5NjE0OTk4ZmQvdGV4dHJlZ2lvbjplNzgwODgyYWYwNDk0YjI1YTQ3MDdlNTk2MTQ5OThmZF8xNDMz_3da9b54f-f8c4-4294-bc6e-2244e4bf607a">&#9744;</ix:nonNumeric>&#160;&#160;&#160;&#160;Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)</span></div><div><span><br/></span></div><div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%"><ix:nonNumeric contextRef="i67003911b4c74e359fced5174d6dc8c4_D20230206-20230206" name="dei:SolicitingMaterial" format="ixt:fixed-false" id="id3VybDovL2RvY3MudjEvZG9jOjA5YTU5NWUxOTY0ODQ4Mjg5MDNjNjg5MzhlMzQ0ZDNhL3NlYzowOWE1OTVlMTk2NDg0ODI4OTAzYzY4OTM4ZTM0NGQzYV8xL2ZyYWc6ZTc4MDg4MmFmMDQ5NGIyNWE0NzA3ZTU5NjE0OTk4ZmQvdGV4dHJlZ2lvbjplNzgwODgyYWYwNDk0YjI1YTQ3MDdlNTk2MTQ5OThmZF8xNDM0_793d6a71-337e-46e4-8334-8530ac6632fd">&#9744;</ix:nonNumeric>&#160;&#160;&#160;&#160;Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)</span></div><div><span><br/></span></div><div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%"><ix:nonNumeric contextRef="i67003911b4c74e359fced5174d6dc8c4_D20230206-20230206" name="dei:PreCommencementTenderOffer" format="ixt:fixed-false" id="id3VybDovL2RvY3MudjEvZG9jOjA5YTU5NWUxOTY0ODQ4Mjg5MDNjNjg5MzhlMzQ0ZDNhL3NlYzowOWE1OTVlMTk2NDg0ODI4OTAzYzY4OTM4ZTM0NGQzYV8xL2ZyYWc6ZTc4MDg4MmFmMDQ5NGIyNWE0NzA3ZTU5NjE0OTk4ZmQvdGV4dHJlZ2lvbjplNzgwODgyYWYwNDk0YjI1YTQ3MDdlNTk2MTQ5OThmZF8xNDM1_c11d8cb4-3349-473a-bd55-e0b7820f20de">&#9744;</ix:nonNumeric>&#160;&#160;&#160;&#160;Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))</span></div><div><span><br/></span></div><div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%"><ix:nonNumeric contextRef="i67003911b4c74e359fced5174d6dc8c4_D20230206-20230206" name="dei:PreCommencementIssuerTenderOffer" format="ixt-sec:boolballotbox" id="id3VybDovL2RvY3MudjEvZG9jOjA5YTU5NWUxOTY0ODQ4Mjg5MDNjNjg5MzhlMzQ0ZDNhL3NlYzowOWE1OTVlMTk2NDg0ODI4OTAzYzY4OTM4ZTM0NGQzYV8xL2ZyYWc6ZTc4MDg4MmFmMDQ5NGIyNWE0NzA3ZTU5NjE0OTk4ZmQvdGV4dHJlZ2lvbjplNzgwODgyYWYwNDk0YjI1YTQ3MDdlNTk2MTQ5OThmZF8xNDM2_8d55a9e3-3dbf-490c-b5a7-de0b74c1b77a">&#9744;</ix:nonNumeric>&#160;&#160;&#160;&#160;Pre-commencement communications pursuant to Rule 13e-4 (c) under the Exchange Act (17 CFR 240.13e-4(c))</span></div><div><span><br/></span></div><div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Securities registered pursuant to Section&#160;12(b) of the Act:</span></div><div><span><br/></span></div><div><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"></td><td style="width:33.075%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:19.999%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:43.626%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Title of each class</span></td><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Trading Symbol(s)</span></td><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Name of each exchange on which registered</span></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%"><ix:nonNumeric contextRef="i67003911b4c74e359fced5174d6dc8c4_D20230206-20230206" name="dei:Security12bTitle" id="id3VybDovL2RvY3MudjEvZG9jOjA5YTU5NWUxOTY0ODQ4Mjg5MDNjNjg5MzhlMzQ0ZDNhL3NlYzowOWE1OTVlMTk2NDg0ODI4OTAzYzY4OTM4ZTM0NGQzYV8xL2ZyYWc6ZTc4MDg4MmFmMDQ5NGIyNWE0NzA3ZTU5NjE0OTk4ZmQvdGFibGU6OGYzZDBhM2Y4ODJmNGZmOGJlYTMyMTVlYjc3NGZmMWQvdGFibGVyYW5nZTo4ZjNkMGEzZjg4MmY0ZmY4YmVhMzIxNWViNzc0ZmYxZF8xLTAtMS0xLTExMDU2OQ_6b5de117-2fb0-4de0-a661-80bb6b1f8297">Common stock, $0.01 par value</ix:nonNumeric></span></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%"><ix:nonNumeric contextRef="i67003911b4c74e359fced5174d6dc8c4_D20230206-20230206" name="dei:TradingSymbol" id="id3VybDovL2RvY3MudjEvZG9jOjA5YTU5NWUxOTY0ODQ4Mjg5MDNjNjg5MzhlMzQ0ZDNhL3NlYzowOWE1OTVlMTk2NDg0ODI4OTAzYzY4OTM4ZTM0NGQzYV8xL2ZyYWc6ZTc4MDg4MmFmMDQ5NGIyNWE0NzA3ZTU5NjE0OTk4ZmQvdGFibGU6OGYzZDBhM2Y4ODJmNGZmOGJlYTMyMTVlYjc3NGZmMWQvdGFibGVyYW5nZTo4ZjNkMGEzZjg4MmY0ZmY4YmVhMzIxNWViNzc0ZmYxZF8xLTEtMS0xLTExMDU2OQ_98a7bcad-93cc-4151-ad5a-7dab1a6000bb">L</ix:nonNumeric></span></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%"><ix:nonNumeric contextRef="i67003911b4c74e359fced5174d6dc8c4_D20230206-20230206" name="dei:SecurityExchangeName" format="ixt-sec:exchnameen" id="id3VybDovL2RvY3MudjEvZG9jOjA5YTU5NWUxOTY0ODQ4Mjg5MDNjNjg5MzhlMzQ0ZDNhL3NlYzowOWE1OTVlMTk2NDg0ODI4OTAzYzY4OTM4ZTM0NGQzYV8xL2ZyYWc6ZTc4MDg4MmFmMDQ5NGIyNWE0NzA3ZTU5NjE0OTk4ZmQvdGFibGU6OGYzZDBhM2Y4ODJmNGZmOGJlYTMyMTVlYjc3NGZmMWQvdGFibGVyYW5nZTo4ZjNkMGEzZjg4MmY0ZmY4YmVhMzIxNWViNzc0ZmYxZF8xLTItMS0xLTExMDU2OQ_e849c826-1247-4168-8f1f-3fc90b6533f3">New York Stock Exchange</ix:nonNumeric></span></td></tr></table></div><div><span><br/></span></div><div style="text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (&#167;230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (&#167;240.12b-2 of this chapter).</span></div><div style="text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"></td><td style="width:92.650%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.150%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Emerging growth company</span></td><td colspan="3" style="padding:0 1pt"><ix:nonNumeric contextRef="i67003911b4c74e359fced5174d6dc8c4_D20230206-20230206" name="dei:EntityEmergingGrowthCompany" format="ixt:fixed-false" id="id3VybDovL2RvY3MudjEvZG9jOjA5YTU5NWUxOTY0ODQ4Mjg5MDNjNjg5MzhlMzQ0ZDNhL3NlYzowOWE1OTVlMTk2NDg0ODI4OTAzYzY4OTM4ZTM0NGQzYV8xL2ZyYWc6ZTc4MDg4MmFmMDQ5NGIyNWE0NzA3ZTU5NjE0OTk4ZmQvdGFibGU6Y2FjOGE0NDRiYThlNDE5ODliODY5NTI2NDI1NzQxMTkvdGFibGVyYW5nZTpjYWM4YTQ0NGJhOGU0MTk4OWI4Njk1MjY0MjU3NDExOV8wLTEtMS0xLTExMDU2OQ_c44c36fc-b3b4-4838-836b-968137d164c5"></ix:nonNumeric></td></tr></table></div><div style="text-align:justify"><span><br/></span></div><div style="text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.  </span><span style="font-family:'Wingdings',sans-serif;font-size:10pt;font-weight:400;line-height:100%"></span></div><div style="text-align:justify"><span><br/></span></div><div style="text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.702%"><tr><td style="width:1.0%"></td><td style="width:18.900%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:18.900%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:18.900%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:18.900%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:18.900%"></td><td style="width:0.1%"></td></tr><tr style="height:3pt"><td colspan="15" style="border-bottom:3pt double #000;padding:0 1pt"></td></tr></table></div><div style="height:29.64pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div style="text-align:center"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1</span></div><div style="text-align:center"><span><br/></span></div></div></div><div id="i09a595e196484828903c68938e344d3a_7"></div><hr style="page-break-after:always"/><div style="min-height:36pt;width:100%"><div><span><br/></span></div></div><div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Item 2.02&#160;&#160;&#160;&#160;</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;text-decoration:underline">Results of Operations and Financial Condition</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">.</span></div><div style="text-align:justify"><span><br/></span></div><div style="text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#160;&#160;&#160;&#160;On <ix:nonNumeric contextRef="i67003911b4c74e359fced5174d6dc8c4_D20230206-20230206" name="dei:DocumentPeriodEndDate" format="ixt:date-monthname-day-year-en" id="id3VybDovL2RvY3MudjEvZG9jOjA5YTU5NWUxOTY0ODQ4Mjg5MDNjNjg5MzhlMzQ0ZDNhL3NlYzowOWE1OTVlMTk2NDg0ODI4OTAzYzY4OTM4ZTM0NGQzYV83L2ZyYWc6NmEyNTA0MWIzMjJlNDgxY2E0MTYyZGVmOTYyNjU5NjkvdGV4dHJlZ2lvbjo2YTI1MDQxYjMyMmU0ODFjYTQxNjJkZWY5NjI2NTk2OV82Nw_3e7d0d51-05d4-43c3-8e02-f6d48175384b">February&#160;6, 2023</ix:nonNumeric>, Loews Corporation issued a press release and posted on its website (www.loews.com) earnings remarks providing information on its results of operations for the fourth quarter and full year of 2022. The press release is furnished as Exhibit 99.1 and the earnings remarks are furnished as Exhibit 99.2 to this Form 8-K.</span></div><div style="text-align:justify"><span><br/></span></div><div style="text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#160;&#160;&#160;&#160;The information under Item 2.02 and in Exhibits 99.1 and 99.2 in this Current Report is being furnished and shall not be deemed &#8220;filed&#8221; for the purpose of Section 18 of the Securities Exchange Act of 1934, as amended, or otherwise subject to the liabilities of that Section. The information under Item 2.02 and in Exhibits 99.1 and 99.2 in this Current Report shall not be incorporated by reference into any registration statement or other document pursuant to the Securities Act of 1933, as amended.</span></div><div style="text-align:justify"><span><br/></span></div><div id="i09a595e196484828903c68938e344d3a_10"></div><div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Item 9.01&#160;&#160;&#160;&#160;</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;text-decoration:underline">Financial Statements and Exhibits</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">.</span></div><div><span><br/></span></div><div style="padding-left:27pt;text-indent:-27pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">(d)</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:15.34pt">Exhibits:</span></div><div><span><br/></span></div><div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">See Exhibit Index.</span></div><div style="height:18pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div style="text-align:center"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2</span></div></div></div><div id="i09a595e196484828903c68938e344d3a_13"></div><hr style="page-break-after:always"/><div style="min-height:36pt;width:100%"><div><span><br/></span></div></div><div style="-sec-extract:summary;text-align:center"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">EXHIBIT INDEX</span></div><div><span><br/></span></div><div><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"></td><td style="width:9.301%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:2.317%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:85.082%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Exhibit No.</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Description</span></td></tr><tr style="height:12pt"><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:top"><div><span style="color:#0000ff;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%;text-decoration:underline"><a style="-sec-extract:exhibit;color:#0000ff;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%;text-decoration:underline" href="exhibit991-q42022.htm">99.1</a></span></div></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:top"><div style="text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Loews Corporation press release, issued <ix:nonNumeric contextRef="i67003911b4c74e359fced5174d6dc8c4_D20230206-20230206" name="dei:DocumentPeriodEndDate" format="ixt:date-monthname-day-year-en" id="id3VybDovL2RvY3MudjEvZG9jOjA5YTU5NWUxOTY0ODQ4Mjg5MDNjNjg5MzhlMzQ0ZDNhL3NlYzowOWE1OTVlMTk2NDg0ODI4OTAzYzY4OTM4ZTM0NGQzYV8xMy9mcmFnOmMzOTJlZTZjNGRlODQ0ZWE5MzBkOGMxZmE5YzBiMzZhL3RhYmxlOmRkYWEwYzJkNTZiNzQ0NDZhMzFmOTM5YWJkZWRlMThiL3RhYmxlcmFuZ2U6ZGRhYTBjMmQ1NmI3NDQ0NmEzMWY5MzlhYmRlZGUxOGJfMi0yLTEtMS0xMTA1NjkvdGV4dHJlZ2lvbjozYTg4NGM1YjUzZDg0ZDY0OTI2NmIwM2ZmNWI5NzE3M180NA_3e7d0d51-05d4-43c3-8e02-f6d48175384b">February&#160;6, 2023</ix:nonNumeric>, providing information on its results of operations for the fourth quarter and full year of 2022.</span></div></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:top"><div><span style="color:#0000ff;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%;text-decoration:underline"><a style="-sec-extract:exhibit;color:#0000ff;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%;text-decoration:underline" href="exhibit992-q42022.htm">99.2</a></span></div></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:top"><div style="text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Loews Corporation earnings remarks, posted on its website <ix:nonNumeric contextRef="i67003911b4c74e359fced5174d6dc8c4_D20230206-20230206" name="dei:DocumentPeriodEndDate" format="ixt:date-monthname-day-year-en" id="id3VybDovL2RvY3MudjEvZG9jOjA5YTU5NWUxOTY0ODQ4Mjg5MDNjNjg5MzhlMzQ0ZDNhL3NlYzowOWE1OTVlMTk2NDg0ODI4OTAzYzY4OTM4ZTM0NGQzYV8xMy9mcmFnOmMzOTJlZTZjNGRlODQ0ZWE5MzBkOGMxZmE5YzBiMzZhL3RhYmxlOmRkYWEwYzJkNTZiNzQ0NDZhMzFmOTM5YWJkZWRlMThiL3RhYmxlcmFuZ2U6ZGRhYTBjMmQ1NmI3NDQ0NmEzMWY5MzlhYmRlZGUxOGJfMy0yLTEtMS0xMzI5MzEvdGV4dHJlZ2lvbjphYjM4YzRlZjlkNmU0M2JjODMwMGVjYjAyZTRhNzIyN180NA_3e7d0d51-05d4-43c3-8e02-f6d48175384b">February&#160;6, 2023</ix:nonNumeric>, providing information on its results of operations for the fourth quarter and full year of 2022.</span></div></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">104</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:justify;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Cover Page Interactive Data File (embedded within the Inline XBRL document)</span></td></tr></table></div><div style="height:18pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div style="-sec-extract:summary;text-align:center"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">3</span></div></div></div><div id="i09a595e196484828903c68938e344d3a_16"></div><hr style="page-break-after:always"/><div style="min-height:36pt;width:100%"><div><span><br/></span></div></div><div style="text-align:center"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">SIGNATURES</span></div><div><span><br/></span></div><div style="text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#160;&#160;&#160;&#160;Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.</span></div><div style="text-align:justify"><span><br/></span></div><div style="text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"></td><td style="width:69.479%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:3.357%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:23.864%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#160;&#160;&#160;</span></td><td colspan="6" style="border-bottom:0.5pt solid #000000;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">LOEWS CORPORATION</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#160;&#160;&#160;</span></td><td colspan="6" style="border-top:0.5pt solid #000000;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(Registrant)</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#160;&#160;&#160;</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#160;&#160;&#160;</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:top"><div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Dated:&#160;<ix:nonNumeric contextRef="i67003911b4c74e359fced5174d6dc8c4_D20230206-20230206" name="dei:DocumentPeriodEndDate" format="ixt:date-monthname-day-year-en" id="id3VybDovL2RvY3MudjEvZG9jOjA5YTU5NWUxOTY0ODQ4Mjg5MDNjNjg5MzhlMzQ0ZDNhL3NlYzowOWE1OTVlMTk2NDg0ODI4OTAzYzY4OTM4ZTM0NGQzYV8xNi9mcmFnOjg4NDgzMzUzZjBmODQ0N2ZiY2EzZDk4NzA0NzY5N2VhL3RhYmxlOjFhOTE2NzNjNTZjNzQxMTQ4NmViODI1NzBmYmJiYjAzL3RhYmxlcmFuZ2U6MWE5MTY3M2M1NmM3NDExNDg2ZWI4MjU3MGZiYmJiMDNfNC0wLTEtMS0xMTA1NjkvdGV4dHJlZ2lvbjphYmMyNWQzYTNmMjI0ZjJkOGI3MWJjMTU1ZDgxMjhhMF8xMg_3e7d0d51-05d4-43c3-8e02-f6d48175384b">February&#160;6, 2023</ix:nonNumeric></span></div></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">By:</span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">/s/ Marc A. Alpert</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#160;&#160;&#160;</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Marc A. Alpert</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#160;&#160;&#160;</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Senior Vice President,</span></td></tr><tr><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">General Counsel</span></td></tr><tr><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">and Secretary</span></td></tr></table></div><div style="height:18pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div style="text-align:center"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">4</span></div></div></div></body></html>
</XBRL>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99.1
<SEQUENCE>2
<FILENAME>exhibit991-q42022.htm
<DESCRIPTION>EX-99.1
<TEXT>
<!DOCTYPE html PUBLIC "-//W3C//DTD HTML 4.01 Transitional//EN" "http://www.w3.org/TR/html4/loose.dtd"><html><head>
<!-- Document created using Wdesk -->
<!-- Copyright 2023 Workiva -->
<title>Document</title></head><body><div id="i1b317c4be1ec4008baf94d00e38420c2_1"></div><div style="min-height:36pt;width:100%"><div><font><br></font></div></div><div style="padding-right:14.4pt;text-align:right"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Exhibit 99.1</font></div><div style="padding-right:18.9pt;text-align:right"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"></td><td style="width:6.318%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:6.318%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:6.318%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.418%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.946%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.946%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.946%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:1.963%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.946%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.946%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.418%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:6.937%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:6.937%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:6.943%"></td><td style="width:0.1%"></td></tr><tr style="height:111pt"><td colspan="12" style="padding:0 1pt"><div style="padding-left:7.2pt;padding-right:7.2pt;text-align:center"><img alt="image_0.jpg" src="image_0.jpg" style="height:135px;margin-bottom:5pt;vertical-align:text-bottom;width:135px"></div></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="6" style="padding:0 1pt"></td><td colspan="9" style="padding:0 1pt"><div style="padding-right:14.4pt;text-align:right"><font><br></font></div></td></tr></table></div><div style="padding-right:14.4pt;text-align:justify"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:120%">NEWS RELEASE</font></div><div style="text-align:center"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:700;line-height:115%;text-decoration:underline">LOEWS CORPORATION REPORTS NET INCOME OF $364 MILLION </font></div><div style="text-align:center"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:700;line-height:115%;text-decoration:underline">FOR THE FOURTH QUARTER OF 2022 AND $1.0 BILLION FOR THE FULL YEAR</font></div><div style="text-align:center"><font><br></font></div><div style="padding-right:-9pt;text-align:center;text-indent:-0.01pt"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:700;line-height:115%;text-decoration:underline">12.7 MILLION COMMON SHARES REPURCHASED IN 2022 FOR $738 MILLION</font></div><div><font><br></font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:115%">New York, NY, February&#160;6, 2023&#58; Loews Corporation (NYSE&#58; L) today released its fourth quarter 2022 financial results. </font></div><div><font><br></font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:700;line-height:115%">Fourth Quarter highlights&#58; </font></div><div style="text-align:justify"><font><br></font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:115%">Loews Corporation reported net income of $364 million, or $1.53 per share, compared to $343 million, or $1.36 per share, in the fourth quarter of 2021. The following are the key highlights&#58;</font></div><div style="text-align:justify"><font><br></font></div><div style="padding-left:18pt;text-align:justify;text-indent:-18.01pt"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:115%">&#8226;</font><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:115%;padding-left:14.51pt">The increase in net income was driven by improved results at Boardwalk Pipelines and higher investment returns at the parent company. </font></div><div style="padding-left:18pt;text-align:justify;text-indent:-18.01pt"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:115%">&#8226;</font><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:115%;padding-left:14.51pt">Net income at CNA declined compared to the fourth quarter of 2021 due to lower returns on limited partnership and common stock investments and higher net catastrophe losses, partially offset by improved underlying underwriting results and higher income from fixed income securities due to reinvesting at higher rates.</font></div><div style="padding-left:18pt;text-align:justify;text-indent:-18.01pt"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:115%">&#8226;</font><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:115%;padding-left:14.51pt">Operating results at Loews Hotels &#38; Co improved compared to the fourth quarter of 2021 due to higher occupancy, but net income was lower due to accelerated state and local government grant payments in last year&#8217;s comparable period.</font></div><div style="padding-left:18pt;text-align:justify;text-indent:-18.01pt"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:115%">&#8226;</font><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:115%;padding-left:14.51pt">Book value per share decreased to $61.86 at year-end 2022 from $71.84 at year-end 2021, driven by the unrealized loss position in CNA&#8217;s fixed income portfolio, as compared to a gain in the prior year.</font></div><div style="padding-left:18pt;text-align:justify;text-indent:-18.01pt"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:115%">&#8226;</font><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:115%;padding-left:14.51pt">Book value per share, excluding accumulated other comprehensive income (AOCI), increased to $75.78 at year-end 2022 from $71.09 at year-end 2021. </font></div><div style="padding-left:18pt;text-align:justify;text-indent:-18.01pt"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:115%">&#8226;</font><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:115%;padding-left:14.51pt">Loews had a cash and investments balance of $3.2 billion as of December&#160;31, 2022.</font></div><div><font><br></font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:700;line-height:115%">CEO commentary&#58;</font></div><div><font><br></font></div><div style="text-align:center"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:115%">&#8220;Loews Corporation had a strong fourth quarter, with stellar performance from our consolidated subsidiaries. We were also pleased with the December Delaware Supreme Court reversal of the state Chancery Court&#8217;s decision that had awarded former Boardwalk minority unitholders damages of just over $900 million, including interest.&#8221;</font></div><div style="padding-left:18pt;padding-right:18pt;text-align:center;text-indent:-18pt"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:112%">&#8211;</font><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:112%;padding-left:12.44pt">James S. Tisch, President and CEO, Loews Corporation</font></div><div><font><br></font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:700;line-height:115%">Consolidated highlights&#58;</font></div><div><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.968%"><tr><td style="width:1.0%"></td><td style="width:49.133%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:11.341%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:11.341%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:11.341%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:11.344%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:0 1pt"></td><td colspan="12" style="border-bottom:0.5pt solid #000;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:700;line-height:100%">December 31,</font></td></tr><tr><td colspan="3" style="padding:0 1pt"></td><td colspan="6" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Three Months Ended</font></td><td colspan="6" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Years Ended</font></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(In millions, except per share data)</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2022</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2021</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2022</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2021</font></td></tr><tr><td colspan="3" style="background-color:#cceeff;border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Income before net investment gains (losses)</font></td><td style="background-color:#cceeff;border-top:0.5pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td><td style="background-color:#cceeff;border-top:0.5pt solid #000000;padding:2px 0;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">387&#160;</font></td><td style="background-color:#cceeff;border-top:0.5pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td style="background-color:#cceeff;border-top:0.5pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td><td style="background-color:#cceeff;border-top:0.5pt solid #000000;padding:2px 0;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">341&#160;</font></td><td style="background-color:#cceeff;border-top:0.5pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td style="background-color:#cceeff;border-top:0.5pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td><td style="background-color:#cceeff;border-top:0.5pt solid #000000;padding:2px 0;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,150&#160;</font></td><td style="background-color:#cceeff;border-top:0.5pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td style="background-color:#cceeff;border-top:0.5pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td><td style="background-color:#cceeff;border-top:0.5pt solid #000000;padding:2px 0;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,066&#160;</font></td><td style="background-color:#cceeff;border-top:0.5pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000000;padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Net investment gains (losses)&#58;</font></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #000;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">CNA</font></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(23)</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(138)</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">86&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td></tr><tr><td colspan="3" style="padding:2px 1pt 2px 7pt;text-align:left;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Corporate</font></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">426&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td></tr><tr><td colspan="3" style="background-color:#cceeff;border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Net income attributable to Loews Corporation</font></td><td style="background-color:#cceeff;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td><td style="background-color:#cceeff;border-top:0.5pt solid #000;padding:2px 0;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">364&#160;</font></td><td style="background-color:#cceeff;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td style="background-color:#cceeff;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td><td style="background-color:#cceeff;border-top:0.5pt solid #000;padding:2px 0;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">343&#160;</font></td><td style="background-color:#cceeff;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td style="background-color:#cceeff;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td><td style="background-color:#cceeff;border-top:0.5pt solid #000;padding:2px 0;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,012&#160;</font></td><td style="background-color:#cceeff;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td style="background-color:#cceeff;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td><td style="background-color:#cceeff;border-top:0.5pt solid #000;padding:2px 0;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,578&#160;</font></td><td style="background-color:#cceeff;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td></tr><tr style="height:12pt"><td colspan="3" style="background-color:#ffffff;border-top:3pt double #000;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:3pt double #000;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:3pt double #000;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:3pt double #000;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:3pt double #000;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#cceeff;border-bottom:2pt double #000000;padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Net income per share</font></td><td style="background-color:#cceeff;border-bottom:2pt double #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td><td style="background-color:#cceeff;border-bottom:2pt double #000000;padding:2px 0;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1.53&#160;</font></td><td style="background-color:#cceeff;border-bottom:2pt double #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td style="background-color:#cceeff;border-bottom:2pt double #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td><td style="background-color:#cceeff;border-bottom:2pt double #000000;padding:2px 0;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1.36&#160;</font></td><td style="background-color:#cceeff;border-bottom:2pt double #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td style="background-color:#cceeff;border-bottom:2pt double #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td><td style="background-color:#cceeff;border-bottom:2pt double #000000;padding:2px 0;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">4.16&#160;</font></td><td style="background-color:#cceeff;border-bottom:2pt double #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td style="background-color:#cceeff;border-bottom:2pt double #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td><td style="background-color:#cceeff;border-bottom:2pt double #000000;padding:2px 0;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">6.07&#160;</font></td><td style="background-color:#cceeff;border-bottom:2pt double #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td></tr></table></div><div><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.968%"><tr><td style="width:1.0%"></td><td style="width:49.133%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:23.316%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.733%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:23.318%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:0 1pt"><div style="text-align:justify"><font><br></font></div></td><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:700;line-height:100%">December 31, 2022</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:700;line-height:100%">December 31, 2021</font></td></tr><tr style="height:3pt"><td colspan="3" style="padding:0 1pt"><div style="text-align:justify"><font><br></font></div></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"><div style="text-align:justify"><font><br></font></div></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"><div style="text-align:justify"><font><br></font></div></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Book value per share</font></td><td style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td><td style="background-color:#cceeff;padding:2px 0;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">61.86&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td><td style="background-color:#cceeff;padding:2px 0;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">71.84&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Book value per share excluding AOCI</font></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">75.78&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">71.09&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td></tr></table></div><div style="height:28.8pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div style="text-align:center"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Page 1 of 7</font></div></div></div><hr style="page-break-after:always"><div style="min-height:36pt;width:100%"><div><font><br></font></div></div><div><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:115%">Three months ended December&#160;31, 2022, compared to 2021</font></div><div><font><br></font></div><div><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:700;line-height:115%;text-decoration:underline">CNA&#58;</font></div><div style="padding-left:18pt;text-align:justify;text-indent:-18.01pt"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:115%">&#8226;</font><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:115%;padding-left:14.51pt">Net income attributable to Loews Corporation declined to $223 million from $239 million.</font></div><div style="padding-left:18pt;text-align:justify;text-indent:-18.01pt"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:115%">&#8226;</font><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:115%;padding-left:14.51pt">Core income increased to $274 million from $265 million.</font></div><div style="padding-left:18pt;text-align:justify;text-indent:-18.01pt"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:115%">&#8226;</font><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:115%;padding-left:14.51pt">Results include lower net investment income from limited partnership and common stock investments, partially offset by higher income from fixed income securities.</font></div><div style="padding-left:18pt;text-align:justify;text-indent:-18.01pt"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:115%">&#8226;</font><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:115%;padding-left:14.51pt">Underwriting results were lower due to higher net catastrophe losses related to Winter Storm Elliott, partially offset by improved underlying underwriting income and prior year development.</font></div><div style="padding-left:18pt;text-align:justify;text-indent:-18.01pt"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:115%">&#8226;</font><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:115%;padding-left:14.51pt">Non-economic charge related to asbestos and environmental pollution of $25 million after tax and noncontrolling interests compared favorably to $44 million after tax and noncontrolling interests in the prior year period.</font></div><div style="padding-left:18pt;text-align:justify;text-indent:-18.01pt"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:115%">&#8226;</font><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:115%;padding-left:14.51pt">Net income was also negatively impacted by the swing from net investment gains in the prior year period to net investment losses driven by sales of fixed income securities.</font></div><div style="padding-left:18pt;text-align:justify;text-indent:-18.01pt"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:115%">&#8226;</font><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:115%;padding-left:14.51pt">Property and Casualty combined ratio was 93.7% compared to 92.9% in the prior year period. The underlying combined ratio of 91.2% was consistent year-over-year.</font></div><div><font><br></font></div><div><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:700;line-height:115%;text-decoration:underline">Boardwalk&#58;</font></div><div style="padding-left:18pt;text-align:justify;text-indent:-18.01pt"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:115%">&#8226;</font><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:115%;padding-left:14.51pt">Net income increased $18 million to $83 million compared to $65 million.</font></div><div style="padding-left:18pt;text-align:justify;text-indent:-18.01pt"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:115%">&#8226;</font><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:115%;padding-left:14.51pt">EBITDA increased $41 million to $248 million compared to $207 million. </font></div><div style="padding-left:18pt;text-align:justify;text-indent:-18.01pt"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:115%">&#8226;</font><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:115%;padding-left:14.51pt">Net income and EBITDA increased due to higher revenues from recently completed growth projects, re-contracting at higher rates, and higher utilization-based revenues. Storage and parking and lending revenues also increased. </font></div><div style="padding-left:18pt;text-align:justify;text-indent:-18.01pt"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:115%">&#8226;</font><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:115%;padding-left:14.51pt">Higher revenues were slightly offset by higher expenses due to an increased asset base from recently completed growth projects.</font></div><div style="text-indent:-0.01pt"><font><br></font></div><div><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:700;line-height:115%;text-decoration:underline">Loews Hotels&#58;</font></div><div style="padding-left:18pt;text-align:justify;text-indent:-18.01pt"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:115%">&#8226;</font><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:115%;padding-left:14.51pt">Net income decreased $4 million to $33 million compared to $37 million.</font></div><div style="padding-left:18pt;text-align:justify;text-indent:-18.01pt"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:115%">&#8226;</font><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:115%;padding-left:14.51pt">Net income for the prior year period benefited from $26 million of accelerated state and local government grant payments used to retire outstanding debt. Excluding the grant payments, net income increased $22 million.</font></div><div style="padding-left:18pt;text-align:justify;text-indent:-18.01pt"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:115%">&#8226;</font><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:115%;padding-left:14.51pt">Adjusted EBITDA increased $21 million to $85 million compared to $64 million.</font></div><div style="padding-left:18pt;text-align:justify;text-indent:-18.01pt"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:115%">&#8226;</font><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:115%;padding-left:14.51pt">Revenues increased due to improved occupancy and higher average daily room rates.</font></div><div style="padding-left:18pt;text-align:justify;text-indent:-18.01pt"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:115%">&#8226;</font><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:115%;padding-left:14.51pt">Higher revenues were partially offset by an increase in operating expenses due to the higher demand levels and resumption of additional pre-pandemic services.</font></div><div><font><br></font></div><div><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:700;line-height:115%;text-decoration:underline">Corporate &#38; Other&#58;</font></div><div style="padding-left:18pt;text-align:justify;text-indent:-18.01pt"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:115%">&#8226;</font><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:115%;padding-left:14.51pt">Net income increased $23 million to $25 million from $2 million due to higher investment income. </font></div><div><font><br></font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:115%">Year ended December&#160;31, 2022, compared to 2021</font></div><div><font><br></font></div><div><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:115%">Loews reported net income of $1.0 billion, or $4.16 per share, compared to $1.6 billion, or $6.07 per share in 2021. The following are the key highlights&#58;</font></div><div><font><br></font></div><div style="padding-left:18pt;text-align:justify;text-indent:-18pt"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:115%">&#8226;</font><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:115%;padding-left:14.5pt">Net income for 2021 includes a gain of $438 million related to the sale of 47% of Altium Packaging and its deconsolidation on April 1, 2021. </font></div><div style="padding-left:18pt;text-align:justify;text-indent:-18pt"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:115%">&#8226;</font><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:115%;padding-left:14.5pt">Excluding the gain on sale of Altium Packaging, net income decreased $128 million, driven by lower investment income at CNA and the parent company, offset by improved results at Boardwalk and Loews Hotels.</font></div><div style="padding-left:18pt;text-indent:-18pt"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:115%">&#8226;</font><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:115%;padding-left:14.5pt">CNA reported a record low combined ratio of 93.2%, compared with 96.2% in the prior year. The underlying combined ratio was a record low 91.2%, compared with 91.4% in the prior year.</font></div><div style="padding-left:18pt;text-align:justify;text-indent:-18pt"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:115%">&#8226;</font><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:115%;padding-left:14.5pt">Loews Hotels results significantly improved due to higher occupancy and average daily room rates, as travel rebounded from the impacts of the pandemic.</font></div><div><font><br></font></div><div style="height:28.8pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div style="text-align:center"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Page 2 of 7</font></div></div></div><hr style="page-break-after:always"><div style="min-height:36pt;width:100%"><div><font><br></font></div></div><div><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:700;line-height:115%">Share Repurchases&#58;</font></div><div><font><br></font></div><div style="padding-left:18pt;text-align:justify;text-indent:-18.01pt"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:115%">&#8226;</font><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:115%;padding-left:14.51pt">On December&#160;31, 2022, there were 236 million shares of Loews common stock outstanding. </font></div><div style="padding-left:18pt;text-align:justify;text-indent:-18.01pt"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:115%">&#8226;</font><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:115%;padding-left:14.51pt">For the three months and year ended December&#160;31, 2022, Loews repurchased 2.2 million and 12.7 million shares of its common stock at an aggregate cost of $124 million and $738 million, respectively.</font></div><div style="padding-left:18pt;text-align:justify;text-indent:-18.01pt"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:115%">&#8226;</font><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:115%;padding-left:14.51pt">From January 1, 2023 to February 3, 2023, Loews repurchased an additional 1.0 million shares of its common stock at an aggregate cost of $58 million. </font></div><div style="padding-left:18pt;text-align:justify;text-indent:-18.01pt"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:115%">&#8226;</font><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:115%;padding-left:14.51pt">For the year ended December&#160;31, 2022, Loews purchased 0.7 million shares of CNA common stock for an aggregate cost of $26 million. </font></div><div style="padding-left:18pt;text-align:justify;text-indent:-18.01pt"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:115%">&#8226;</font><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:115%;padding-left:14.51pt">Depending on market conditions, Loews may from time-to-time purchase shares of its and its subsidiaries&#8217; outstanding common stock in the open market, in privately negotiated transactions or otherwise.</font></div><div style="text-align:justify;text-indent:-0.01pt"><font><br></font></div><div><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:700;line-height:115%">Reconciliation of GAAP Measures to Non-GAAP Measures</font></div><div style="text-align:justify"><font><br></font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:115%">This news release contains financial measures that are not in accordance with accounting principles generally accepted in the United States of America (&#34;GAAP&#34;). Management believes some investors may find these measures useful to evaluate our and our subsidiaries&#8217; financial performance. CNA utilizes core income, Boardwalk utilizes earnings before interest, income tax expense, depreciation and amortization (&#8220;EBITDA&#8221;), and Loews Hotels utilizes Adjusted EBITDA. These measures are defined and reconciled to the most comparable GAAP measures on pages 6 and 7 of this release.</font></div><div><font><br></font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:700;line-height:115%">Earnings Remarks and Conference Calls</font></div><div><font><br></font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:115%">For Loews Corporation</font></div><div style="text-align:justify"><font><br></font></div><div style="padding-left:36pt;text-align:justify;text-indent:-18pt"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:115%">&#8211;</font><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:115%;padding-left:12.44pt">Today, February&#160;6, 2023, earnings remarks will be available on our website.</font></div><div style="padding-left:36pt;text-align:justify;text-indent:-18pt"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:115%">&#8211;</font><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:115%;padding-left:12.44pt">Remarks will include commentary from Loews&#8217;s president and chief executive officer, and chief financial officer.</font></div><div><font><br></font></div><div><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:115%">For CNA </font></div><div><font><br></font></div><div style="padding-left:36pt;text-align:justify;text-indent:-18pt"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:115%">&#8211;</font><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:115%;padding-left:12.44pt">Today, February&#160;6, 2023 at 9&#58;00 a.m. ET. </font></div><div style="padding-left:36pt;text-align:justify;text-indent:-18pt"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:115%">&#8211;</font><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:115%;padding-left:12.44pt">A live webcast wil</font><font style="background-color:#ffffff;color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:115%">l be available via the Investor Relations section of www.cna.com. </font></div><div style="padding-left:36pt;text-align:justify;text-indent:-18pt"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:115%">&#8211;</font><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:115%;padding-left:12.44pt">To participate, </font><font style="background-color:#ffffff;color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:115%">dial 1-844-481-2830 (USA Toll Free) or +1-412-317-1850 (International).</font></div><div><font><br></font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:700;line-height:115%">About Loews Corporation </font></div><div><font><br></font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:115%">Loews Corporation is a diversified company with businesses in the insurance, energy, hospitality, and packaging industries. For more information, please visit www.loews.com.</font></div><div><font><br></font></div><div><font><br></font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:700;line-height:115%">Forward-Looking Statements</font></div><div><font><br></font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:115%">Statements contained in this news release which are not historical facts are &#8220;forward-looking statements&#8221; within the meaning of the federal securities laws. Forward-looking statements are inherently uncertain and subject to a variety of risks that could cause actual results to differ materially from those expected by management of the Company. A discussion of the important risk factors and other considerations that could materially impact these matters as well as the Company&#8217;s overall business and financial performance can be found in the Company&#8217;s reports filed with the Securities and Exchange Commission and readers of this release are urged to review those reports carefully when considering these forward-looking statements. Copies of these reports are available through the Company&#8217;s website (www.loews.com). Given these risk factors, investors and analysts should not place undue reliance on forward-looking statements. Any such forward-looking statements speak only as of the date of this press release. The Company expressly disclaims any obligation or undertaking to release publicly any updates or revisions to any forward-looking statement to reflect any change in the Company&#8217;s expectations with regard thereto or any change in events, conditions or circumstances on which any forward-looking statement is based.</font></div><div><font><br></font></div><div><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:700;line-height:115%">Investor relations and media relations contact&#58;</font></div><div><font><br></font></div><div><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:115%">Chris Nugent</font></div><div><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:115%">1-212-521-2403</font></div><div style="height:28.8pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div style="text-align:center"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Page 3 of 7</font></div></div></div><div id="i1b317c4be1ec4008baf94d00e38420c2_4"></div><hr style="page-break-after:always"><div style="min-height:36pt;width:100%"><div><font><br></font></div></div><div style="padding-right:14.4pt"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Loews Corporation and Subsidiaries</font></div><div style="padding-right:14.4pt"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Selected Financial Information</font></div><div style="padding-right:14.4pt"><font><br></font></div><div><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.968%"><tr><td style="width:1.0%"></td><td style="width:49.133%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:11.341%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:11.341%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:11.341%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:11.344%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:0 1pt"></td><td colspan="12" style="border-bottom:0.5pt solid #000;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:700;line-height:100%">December 31,</font></td></tr><tr><td colspan="3" style="padding:0 1pt"></td><td colspan="6" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Three Months Ended</font></td><td colspan="6" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Years Ended</font></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(In millions)</font></td><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2022</font></td><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2021</font></td><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2022</font></td><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2021</font></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Revenues&#58;</font></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">CNA Financial (a)</font></td><td style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td><td style="background-color:#cceeff;padding:2px 0;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">3,111&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td><td style="background-color:#cceeff;padding:2px 0;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">3,054&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td><td style="background-color:#cceeff;padding:2px 0;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">11,879&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td><td style="background-color:#cceeff;padding:2px 0;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">11,908&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td></tr><tr><td colspan="3" style="padding:2px 1pt 2px 13pt;text-align:left;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Boardwalk Pipelines</font></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">401&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">358&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,446&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,349&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Loews Hotels &#38; Co (b)</font></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">189&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">191&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">721&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">480&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td></tr><tr><td colspan="3" style="padding:2px 1pt 2px 13pt;text-align:left;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Investment income (loss) and other (c) (d)</font></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">92&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">58&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(2)</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">920&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td></tr><tr><td colspan="3" style="background-color:#cceeff;border-top:0.5pt solid #000000;padding:2px 1pt 2px 37pt;text-align:left;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Total</font></td><td style="background-color:#cceeff;border-top:0.5pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td><td style="background-color:#cceeff;border-top:0.5pt solid #000000;padding:2px 0;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">3,793&#160;</font></td><td style="background-color:#cceeff;border-top:0.5pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td style="background-color:#cceeff;border-top:0.5pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td><td style="background-color:#cceeff;border-top:0.5pt solid #000000;padding:2px 0;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">3,661&#160;</font></td><td style="background-color:#cceeff;border-top:0.5pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td style="background-color:#cceeff;border-top:0.5pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td><td style="background-color:#cceeff;border-top:0.5pt solid #000000;padding:2px 0;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">14,044&#160;</font></td><td style="background-color:#cceeff;border-top:0.5pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td style="background-color:#cceeff;border-top:0.5pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td><td style="background-color:#cceeff;border-top:0.5pt solid #000000;padding:2px 0;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">14,657&#160;</font></td><td style="background-color:#cceeff;border-top:0.5pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:2pt double #000000;padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Income (Loss) Before Income Tax&#58;</font></td><td colspan="3" style="background-color:#ffffff;border-top:2pt double #000000;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:2pt double #000000;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:2pt double #000000;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:2pt double #000000;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:120%">CNA Financial (a)</font></td><td style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td><td style="background-color:#cceeff;padding:2px 0;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">294&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td><td style="background-color:#cceeff;padding:2px 0;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">330&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td><td style="background-color:#cceeff;padding:2px 0;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,081&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td><td style="background-color:#cceeff;padding:2px 0;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,484&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Boardwalk Pipelines</font></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">109&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">74&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">330&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">303&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Loews Hotels &#38; Co (b)</font></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">41&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">52&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">161&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(12)</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Corporate&#58; (e)</font></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 25pt;text-align:left;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Investment income (loss), net</font></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">92&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">59&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(8)</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">99&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 25pt;text-align:left;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Other (d)</font></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(60)</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(56)</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(183)</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">308&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td></tr><tr><td colspan="3" style="background-color:#cceeff;border-top:0.5pt solid #000000;padding:2px 1pt 2px 37pt;text-align:left;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Total</font></td><td style="background-color:#cceeff;border-top:0.5pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td><td style="background-color:#cceeff;border-top:0.5pt solid #000000;padding:2px 0;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">476&#160;</font></td><td style="background-color:#cceeff;border-top:0.5pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td style="background-color:#cceeff;border-top:0.5pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td><td style="background-color:#cceeff;border-top:0.5pt solid #000000;padding:2px 0;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">459&#160;</font></td><td style="background-color:#cceeff;border-top:0.5pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td style="background-color:#cceeff;border-top:0.5pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td><td style="background-color:#cceeff;border-top:0.5pt solid #000000;padding:2px 0;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,381&#160;</font></td><td style="background-color:#cceeff;border-top:0.5pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td style="background-color:#cceeff;border-top:0.5pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td><td style="background-color:#cceeff;border-top:0.5pt solid #000000;padding:2px 0;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2,182&#160;</font></td><td style="background-color:#cceeff;border-top:0.5pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:2.5pt double #000000;padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Net Income (Loss) Attributable to Loews Corporation&#58;</font></td><td colspan="3" style="background-color:#ffffff;border-top:2.5pt double #000000;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:2.5pt double #000000;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:2.5pt double #000000;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:2.5pt double #000000;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:120%">CNA Financial (a)</font></td><td style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td><td style="background-color:#cceeff;padding:2px 0;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">223&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td><td style="background-color:#cceeff;padding:2px 0;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">239&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td><td style="background-color:#cceeff;padding:2px 0;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">802&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td><td style="background-color:#cceeff;padding:2px 0;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,077&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Boardwalk Pipelines</font></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">83&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">65&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">247&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">235&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Loews Hotels &#38; Co (b)</font></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">33&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">37&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">117&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(14)</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Corporate&#58; (e)</font></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 25pt;text-align:left;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Investment income (loss), net</font></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">72&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">46&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(6)</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">78&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td></tr><tr><td colspan="3" style="padding:2px 1pt 2px 25pt;text-align:left;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Other (d)</font></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(47)</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(44)</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(148)</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">202&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td></tr><tr><td colspan="3" style="background-color:#cceeff;border-bottom:2.5pt double #000000;border-top:0.5pt solid #000000;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Net income attributable to Loews Corporation</font></td><td style="background-color:#cceeff;border-bottom:2.5pt double #000000;border-top:0.5pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td><td style="background-color:#cceeff;border-bottom:2.5pt double #000000;border-top:0.5pt solid #000000;padding:2px 0;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">364&#160;</font></td><td style="background-color:#cceeff;border-bottom:2.5pt double #000000;border-top:0.5pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td style="background-color:#cceeff;border-bottom:2.5pt double #000000;border-top:0.5pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td><td style="background-color:#cceeff;border-bottom:2.5pt double #000000;border-top:0.5pt solid #000000;padding:2px 0;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">343&#160;</font></td><td style="background-color:#cceeff;border-bottom:2.5pt double #000000;border-top:0.5pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td style="background-color:#cceeff;border-bottom:2.5pt double #000000;border-top:0.5pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td><td style="background-color:#cceeff;border-bottom:2.5pt double #000000;border-top:0.5pt solid #000000;padding:2px 0;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,012&#160;</font></td><td style="background-color:#cceeff;border-bottom:2.5pt double #000000;border-top:0.5pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td style="background-color:#cceeff;border-bottom:2.5pt double #000000;border-top:0.5pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td><td style="background-color:#cceeff;border-bottom:2.5pt double #000000;border-top:0.5pt solid #000000;padding:2px 0;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,578&#160;</font></td><td style="background-color:#cceeff;border-bottom:2.5pt double #000000;border-top:0.5pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td></tr></table></div><div style="padding-right:14.4pt"><font><br></font></div><div style="padding-left:18pt;text-align:justify;text-indent:-18pt"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:120%">(a)</font><font style="color:#000000;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:120%;padding-left:7.02pt">The three months ended December&#160;31, 2022 includes net investment losses of $33 million ($23 million after tax and noncontrolling interests).</font></div><div style="padding-left:18pt;text-align:justify"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:120%">The three months ended December&#160;31, 2021 includes net investment gains of $3 million ($2 million after tax and noncontrolling interests).</font></div><div style="padding-left:18pt;text-align:justify"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:120%">The year ended December&#160;31, 2022 includes net investment losses of $199 million ($138 million after tax and noncontrolling interests).</font></div><div style="padding-left:18pt;text-align:justify"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:120%">The year ended December&#160;31, 2021 includes net investment gains of $120 million ($86 million after tax and noncontrolling interests).</font></div><div style="padding-left:18pt;text-align:justify;text-indent:-18pt"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:120%">(b)</font><font style="color:#000000;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:120%;padding-left:7.02pt">Includes $35 million ($26 million after tax) related to the acceleration of state and local government grant payments used to retire outstanding debt for the three months and year ended December 31, 2021.</font></div><div style="padding-left:18pt;text-align:justify;text-indent:-18pt"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:120%">(c)</font><font style="color:#000000;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:120%;padding-left:7.52pt">Includes parent company investment income (loss) and the financial results of Altium Packaging. On April 1, 2021, Loews sold 47% of Altium Packaging, which was then deconsolidated and subsequently recorded as an equity method investment.</font></div><div style="padding-left:18pt;text-align:justify;text-indent:-18pt"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:120%">(d)</font><font style="color:#000000;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:120%;padding-left:7.02pt">Includes an investment gain of $555 million ($438 million after tax) for the year ended December&#160;31, 2021 related to the sale of 47% of Altium Packaging and its deconsolidation on April 1, 2021.</font></div><div style="padding-left:18pt;text-align:justify;text-indent:-18pt"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:120%">(e)</font><font style="color:#000000;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:120%;padding-left:7.02pt">The Corporate segment consists of investment income (loss) from the parent company's cash and investments, interest expense, corporate expenses, the consolidated results of Altium Packaging through March 31, 2021 and the equity method of accounting for Altium Packaging subsequent to its deconsolidation on April 1, 2021, as well as the gain related to the deconsolidation of Altium Packaging.</font></div><div style="height:28.8pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div style="text-align:center"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Page 4 of 7</font></div></div></div><div id="i1b317c4be1ec4008baf94d00e38420c2_7"></div><hr style="page-break-after:always"><div style="min-height:36pt;width:100%"><div><font><br></font></div></div><div style="text-align:justify"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Loews Corporation and Subsidiaries</font></div><div style="padding-right:14.4pt"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Consolidated Financial Review</font></div><div style="padding-right:14.4pt"><font><br></font></div><div><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.968%"><tr><td style="width:1.0%"></td><td style="width:49.133%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:11.341%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:11.341%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:11.341%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:11.344%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:0 1pt"></td><td colspan="12" style="border-bottom:0.5pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:700;line-height:100%">December 31,</font></td></tr><tr><td colspan="3" style="padding:0 1pt"></td><td colspan="6" style="border-top:0.5pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Three Months Ended</font></td><td colspan="6" style="border-top:0.5pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Years Ended</font></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(In millions, except per share data)</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2022</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2021</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2022</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2021</font></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000000;padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Revenues&#58;</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Insurance premiums</font></td><td style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td><td style="background-color:#cceeff;padding:2px 0;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2,232&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td><td style="background-color:#cceeff;padding:2px 0;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2,119&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td><td style="background-color:#cceeff;padding:2px 0;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">8,667&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td><td style="background-color:#cceeff;padding:2px 0;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">8,175&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Net investment income</font></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">600&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">610&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,802&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2,259&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Investment gains (losses) (a)</font></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(33)</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">3&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(199)</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">660&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Operating revenues and other</font></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">994&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">929&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">3,774&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">3,563&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td></tr><tr><td colspan="3" style="background-color:#cceeff;border-top:0.5pt solid #000000;padding:2px 1pt 2px 37pt;text-align:left;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Total</font></td><td colspan="2" style="background-color:#cceeff;border-top:0.5pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">3,793&#160;</font></td><td style="background-color:#cceeff;border-top:0.5pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="2" style="background-color:#cceeff;border-top:0.5pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">3,661&#160;</font></td><td style="background-color:#cceeff;border-top:0.5pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="2" style="background-color:#cceeff;border-top:0.5pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">14,044&#160;</font></td><td style="background-color:#cceeff;border-top:0.5pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="2" style="background-color:#cceeff;border-top:0.5pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">14,657&#160;</font></td><td style="background-color:#cceeff;border-top:0.5pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td></tr><tr style="height:12pt"><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #000000;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Expenses&#58;</font></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Insurance claims and policyholders&#8217; benefits</font></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,683&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,665&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">6,386&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">6,349&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Operating expenses and other</font></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,634&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,537&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">6,277&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">6,126&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #000000;padding:2px 1pt 2px 37pt;text-align:left;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Total</font></td><td colspan="2" style="background-color:#ffffff;border-top:0.5pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">3,317&#160;</font></td><td style="background-color:#ffffff;border-top:0.5pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="2" style="background-color:#ffffff;border-top:0.5pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">3,202&#160;</font></td><td style="background-color:#ffffff;border-top:0.5pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="2" style="background-color:#ffffff;border-top:0.5pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">12,663&#160;</font></td><td style="background-color:#ffffff;border-top:0.5pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="2" style="background-color:#ffffff;border-top:0.5pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">12,475&#160;</font></td><td style="background-color:#ffffff;border-top:0.5pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td></tr><tr style="height:12pt"><td colspan="3" style="background-color:#cceeff;border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;border-top:0.5pt solid #000000;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Income before income tax</font></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">476&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">459&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,381&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2,182&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Income tax expense</font></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(88)</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(88)</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(278)</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(479)</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #000000;padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Net income</font></td><td colspan="2" style="background-color:#ffffff;border-top:0.5pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">388&#160;</font></td><td style="background-color:#ffffff;border-top:0.5pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="2" style="background-color:#ffffff;border-top:0.5pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">371&#160;</font></td><td style="background-color:#ffffff;border-top:0.5pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="2" style="background-color:#ffffff;border-top:0.5pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,103&#160;</font></td><td style="background-color:#ffffff;border-top:0.5pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="2" style="background-color:#ffffff;border-top:0.5pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,703&#160;</font></td><td style="background-color:#ffffff;border-top:0.5pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Amounts attributable to noncontrolling interests</font></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(24)</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(28)</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(91)</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(125)</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #000000;padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Net income attributable to Loews Corporation</font></td><td style="background-color:#ffffff;border-top:0.5pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td><td style="background-color:#ffffff;border-top:0.5pt solid #000000;padding:2px 0;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">364&#160;</font></td><td style="background-color:#ffffff;border-top:0.5pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td style="background-color:#ffffff;border-top:0.5pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td><td style="background-color:#ffffff;border-top:0.5pt solid #000000;padding:2px 0;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">343&#160;</font></td><td style="background-color:#ffffff;border-top:0.5pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td style="background-color:#ffffff;border-top:0.5pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td><td style="background-color:#ffffff;border-top:0.5pt solid #000000;padding:2px 0;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,012&#160;</font></td><td style="background-color:#ffffff;border-top:0.5pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td style="background-color:#ffffff;border-top:0.5pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td><td style="background-color:#ffffff;border-top:0.5pt solid #000000;padding:2px 0;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,578&#160;</font></td><td style="background-color:#ffffff;border-top:0.5pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td></tr><tr style="height:12pt"><td colspan="3" style="background-color:#cceeff;border-top:2.5pt double #000000;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;border-top:2.5pt double #000000;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;border-top:2.5pt double #000000;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;border-top:2.5pt double #000000;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;border-top:2.5pt double #000000;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 10pt;text-align:left;text-indent:-9.01pt;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Net income per share attributable to Loews Corporation</font></td><td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td><td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1.53&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td><td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1.36&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td><td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">4.16&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td><td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">6.07&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr style="height:12pt"><td colspan="3" style="background-color:#cceeff;border-top:2.5pt double #000000;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;border-top:2.5pt double #000000;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;border-top:2.5pt double #000000;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;border-top:2.5pt double #000000;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;border-top:2.5pt double #000000;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-bottom:2.5pt double #000000;padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Weighted average number of shares</font></td><td colspan="2" style="background-color:#ffffff;border-bottom:2.5pt double #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">238.08&#160;</font></td><td style="background-color:#ffffff;border-bottom:2.5pt double #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="2" style="background-color:#ffffff;border-bottom:2.5pt double #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">252.52&#160;</font></td><td style="background-color:#ffffff;border-bottom:2.5pt double #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="2" style="background-color:#ffffff;border-bottom:2.5pt double #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">243.28&#160;</font></td><td style="background-color:#ffffff;border-bottom:2.5pt double #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="2" style="background-color:#ffffff;border-bottom:2.5pt double #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">260.20&#160;</font></td><td style="background-color:#ffffff;border-bottom:2.5pt double #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td></tr></table></div><div style="padding-right:14.4pt"><font><br></font></div><div style="padding-left:18pt;text-align:justify;text-indent:-18pt"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:120%">(a)</font><font style="color:#000000;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:120%;padding-left:7.02pt">Includes an investment gain of $555 million ($438 million after tax) for the year ended December&#160;31, 2021 related to the sale of 47% of Altium Packaging and its deconsolidation on April 1, 2021.</font></div><div style="text-align:justify"><font><br></font></div><div style="text-align:justify"><font><br></font></div><div style="height:28.8pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div style="text-align:center"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Page 5 of 7</font></div></div></div><div id="i1b317c4be1ec4008baf94d00e38420c2_10"></div><hr style="page-break-after:always"><div style="min-height:36pt;width:100%"><div><font><br></font></div></div><div><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:700;line-height:115%">Definitions of Non-GAAP Measures and reconciliation of GAAP Measures to Non-GAAP Measures&#58;</font></div><div><font><br></font></div><div><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:700;line-height:115%">CNA Financial Corporation</font></div><div><font><br></font></div><div style="text-align:justify"><font style="background-color:#ffffff;color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:115%">Core income is calculated by excluding from CNA&#8217;s net income attributable to Loews Corporation the after-tax effects of investment gains (losses) and any cumulative effects of changes in accounting guidance. In addition, core income excludes the effects of noncontrolling interests. The calculation of core income excludes investment gains (losses) because these are generally driven by economic factors that are not necessarily reflective of CNA&#8217;s primary operations. The following table presents a reconciliation of CNA net income attributable to Loews Corporation to core income&#58;</font></div><div style="text-align:justify"><font><br></font></div><div style="padding-right:14.4pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.968%"><tr><td style="width:1.0%"></td><td style="width:49.133%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:11.341%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:11.341%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:11.341%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:11.344%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="12" style="border-bottom:0.5pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:700;line-height:100%">December 31,</font></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="6" style="border-top:0.5pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Three Months Ended</font></td><td colspan="6" style="border-top:0.5pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Years Ended</font></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(In millions)</font></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:700;line-height:114%">2022</font></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:700;line-height:114%">2021</font></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #000000;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="text-align:center"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:700;line-height:114%">2022</font></div></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #000000;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="text-align:center"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:700;line-height:114%">2021</font></div></td></tr><tr><td colspan="3" style="background-color:#cceeff;border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:114%">CNA net income attributable to Loews Corporation</font></td><td style="background-color:#cceeff;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:114%">$</font></td><td style="background-color:#cceeff;border-top:0.5pt solid #000;padding:2px 0;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:114%">223&#160;</font></td><td style="background-color:#cceeff;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td style="background-color:#cceeff;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:114%">$</font></td><td style="background-color:#cceeff;border-top:0.5pt solid #000;padding:2px 0;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:114%">239&#160;</font></td><td style="background-color:#cceeff;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td style="background-color:#cceeff;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:114%">$</font></td><td style="background-color:#cceeff;border-top:0.5pt solid #000;padding:2px 0;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:114%">802&#160;</font></td><td style="background-color:#cceeff;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td style="background-color:#cceeff;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:114%">$</font></td><td style="background-color:#cceeff;border-top:0.5pt solid #000;padding:2px 0;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:114%">1,077&#160;</font></td><td style="background-color:#cceeff;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:114%">Investment (gains) losses</font></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:114%">26&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:114%">(2)</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:114%">154&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:114%">(96)</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 10pt;text-align:left;text-indent:-9pt;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:114%">Consolidating adjustments including noncontrolling interests</font></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:114%">25&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:114%">28&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:114%">92&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:114%">125&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-bottom:3pt double #000;border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:114%">Core income</font></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:114%">$</font></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:0.5pt solid #000;padding:2px 0;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:114%">274&#160;</font></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:114%">$</font></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:0.5pt solid #000;padding:2px 0;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:114%">265&#160;</font></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:114%">$</font></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:0.5pt solid #000;padding:2px 0;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:114%">1,048&#160;</font></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:114%">$</font></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:0.5pt solid #000;padding:2px 0;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:114%">1,106&#160;</font></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td></tr></table></div><div style="text-align:justify"><font><br></font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:700;line-height:115%">Boardwalk Pipelines</font></div><div style="text-align:justify"><font><br></font></div><div style="text-align:justify"><font style="background-color:#ffffff;color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:115%">EBITDA is defined as </font><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:115%">earnings before interest, income tax expense, depreciation and amortization</font><font style="background-color:#ffffff;color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:115%">. The following table presents a reconciliation of Boardwalk net income attributable to Loews Corporation to EBITDA&#58;</font></div><div><font><br></font></div><div style="text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.968%"><tr><td style="width:1.0%"></td><td style="width:49.133%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:11.341%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:11.341%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:11.341%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:11.344%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="12" style="border-bottom:0.5pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:700;line-height:100%">December 31,</font></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="6" style="border-top:0.5pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Three Months Ended</font></td><td colspan="6" style="border-top:0.5pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Years Ended</font></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:114%">(In millions)</font></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:700;line-height:114%">2022</font></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:700;line-height:114%">2021</font></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #000000;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="text-align:center"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:700;line-height:114%">2022</font></div></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #000000;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="text-align:center"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:700;line-height:114%">2021</font></div></td></tr><tr><td colspan="3" style="background-color:#cceeff;border-top:0.5pt solid #000;padding:2px 1pt 2px 10pt;text-align:left;text-indent:-9.01pt;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:114%">Boardwalk net income attributable to Loews Corporation</font></td><td style="background-color:#cceeff;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td><td style="background-color:#cceeff;border-top:0.5pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">83&#160;</font></td><td style="background-color:#cceeff;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td style="background-color:#cceeff;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td><td style="background-color:#cceeff;border-top:0.5pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">65&#160;</font></td><td style="background-color:#cceeff;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td style="background-color:#cceeff;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td><td style="background-color:#cceeff;border-top:0.5pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">247&#160;</font></td><td style="background-color:#cceeff;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td style="background-color:#cceeff;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td><td style="background-color:#cceeff;border-top:0.5pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">235&#160;</font></td><td style="background-color:#cceeff;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:114%">Interest</font></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:114%">40&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:114%">40&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:114%">166&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:114%">161&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:114%">Income tax expense</font></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:114%">26&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:114%">9&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:114%">83&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:114%">68&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:114%">Depreciation and amortization</font></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:114%">99&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:114%">93&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:114%">396&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:114%">370&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td></tr><tr><td colspan="3" style="background-color:#cceeff;border-bottom:3pt double #000;border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:114%">EBITDA</font></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:114%">$</font></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:0.5pt solid #000;padding:2px 0;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:114%">248&#160;</font></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:114%">$</font></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:0.5pt solid #000;padding:2px 0;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:114%">207&#160;</font></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:114%">$</font></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:0.5pt solid #000;padding:2px 0;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:114%">892&#160;</font></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:114%">$</font></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:0.5pt solid #000;padding:2px 0;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:114%">834&#160;</font></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td></tr></table></div><div style="text-align:justify"><font><br></font></div><div style="height:28.8pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div style="text-align:center"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Page 6 of 7</font></div></div></div><hr style="page-break-after:always"><div style="min-height:36pt;width:100%"><div><font><br></font></div></div><div style="text-align:justify"><font><br></font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:700;line-height:115%">Loews Hotels &#38; Co</font></div><div style="text-align:justify"><font><br></font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:115%">Adjusted EBITDA is calculated by excluding from Loews Hotels &#38; Co&#8217;s EBITDA, state and local government development grants, gains or losses on dispositions, asset impairments, and equity method income from EBITDA and including Loews Hotels &#38; Co&#8217;s pro rata Adjusted EBITDA of equity method investments. Pro rata Adjusted EBITDA of equity method investments is calculated by applying Loews Hotels &#38; Co&#8217;s ownership percentage to the underlying equity method investment&#8217;s components of EBITDA and excluding distributions in excess of the basis in the equity method investment. See below for a reconciliation of net income (loss) attributable to Loews Corporation to Adjusted EBITDA and a reconciliation of pro rata Adjusted EBITDA of equity method investments. </font><font style="background-color:#ffffff;color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:115%">The following table presents a reconciliation of Loews Hotels &#38; Co net income (loss) attributable to Loews Corporation to Adjusted EBITDA&#58;</font></div><div><font><br></font></div><div style="text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.968%"><tr><td style="width:1.0%"></td><td style="width:49.133%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:11.341%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:11.341%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:11.341%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:11.344%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="12" style="border-bottom:0.5pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:700;line-height:100%">December 31,</font></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="6" style="border-top:0.5pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Three Months Ended</font></td><td colspan="6" style="border-top:0.5pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Years Ended</font></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:114%">(In millions)</font></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:700;line-height:114%">2022</font></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:700;line-height:114%">2021</font></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #000000;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="text-align:center"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:700;line-height:114%">2022</font></div></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #000000;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="text-align:center"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:700;line-height:114%">2021</font></div></td></tr><tr><td colspan="3" style="background-color:#cceeff;border-top:0.5pt solid #000;padding:2px 1pt 2px 10pt;text-align:left;text-indent:-9.01pt;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:114%">Loews Hotels &#38; Co net income (loss) attributable to Loews Corporation</font></td><td style="background-color:#cceeff;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td><td style="background-color:#cceeff;border-top:0.5pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">33&#160;</font></td><td style="background-color:#cceeff;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td style="background-color:#cceeff;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td><td style="background-color:#cceeff;border-top:0.5pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">37&#160;</font></td><td style="background-color:#cceeff;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td style="background-color:#cceeff;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td><td style="background-color:#cceeff;border-top:0.5pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">117&#160;</font></td><td style="background-color:#cceeff;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td style="background-color:#cceeff;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td><td style="background-color:#cceeff;border-top:0.5pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(14)</font></td><td style="background-color:#cceeff;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:114%">Interest</font></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:114%">4&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:114%">11&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:114%">11&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:114%">36&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:114%">Income tax expense</font></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:114%">8&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:114%">15&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:114%">44&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:114%">2&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:114%">Depreciation and amortization</font></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:114%">17&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:114%">16&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:114%">64&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:114%">63&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td></tr><tr><td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:114%">EBITDA</font></td><td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:114%">62&#160;</font></td><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:114%">79&#160;</font></td><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:114%">236&#160;</font></td><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:114%">87&#160;</font></td><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:114%">State and local government development grants</font></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:114%">&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:114%">(39)</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:114%">&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:114%">(39)</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:114%">Net gain on dispositions</font></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:114%">&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:114%">(8)</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:114%">&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:114%">(8)</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:114%">Asset impairments</font></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:114%">3&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:114%">10&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:114%">25&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:114%">10&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 10pt;text-align:left;text-indent:-9.01pt;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:114%">Equity investment adjustments&#58;</font></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 16pt;text-align:left;text-indent:-9.01pt;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:114%">Loews Hotels &#38; Co&#8217;s equity method income</font></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:114%">(33)</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:114%">(30)</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:114%">(148)</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:114%">(47)</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 15.99pt;text-align:left;text-indent:-9.01pt;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:114%">Pro rata Adjusted EBITDA of equity method investments</font></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:114%">54&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:114%">48&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:114%">234&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:114%">128&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:114%">Consolidating adjustments</font></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:114%">(1)</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:114%">4&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:114%">(2)</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:114%">4&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td></tr><tr><td colspan="3" style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:114%">Adjusted EBITDA</font></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:114%">$</font></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:114%">85&#160;</font></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:114%">$</font></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:114%">64&#160;</font></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:114%">$</font></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:114%">345&#160;</font></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:114%">$</font></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:114%">135&#160;</font></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td></tr></table></div><div style="text-align:justify"><font><br></font></div><div style="text-align:justify"><font style="background-color:#ffffff;color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:115%">The following table presents a reconciliation of Loews Hotels &#38; Co&#8217;s equity method income to Pro rata Adjusted EBITDA of equity method investments&#58;</font></div><div style="text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.968%"><tr><td style="width:1.0%"></td><td style="width:49.133%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:11.341%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:11.341%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:11.341%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:11.344%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="12" style="border-bottom:0.5pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:700;line-height:100%">December 31,</font></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="6" style="border-top:0.5pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Three Months Ended</font></td><td colspan="6" style="border-top:0.5pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Years Ended</font></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:114%">(In millions)</font></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:700;line-height:114%">2022</font></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:700;line-height:114%">2021</font></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #000000;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="text-align:center"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:700;line-height:114%">2022</font></div></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #000000;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="text-align:center"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:700;line-height:114%">2021</font></div></td></tr><tr><td colspan="3" style="background-color:#cceeff;border-top:0.5pt solid #000;padding:2px 1pt 2px 10pt;text-align:left;text-indent:-9.01pt;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:114%">Loews Hotels &#38; Co&#8217;s equity method income</font></td><td style="background-color:#cceeff;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td><td style="background-color:#cceeff;border-top:0.5pt solid #000;padding:2px 0;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">33&#160;</font></td><td style="background-color:#cceeff;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td style="background-color:#cceeff;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td><td style="background-color:#cceeff;border-top:0.5pt solid #000;padding:2px 0;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">30&#160;</font></td><td style="background-color:#cceeff;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td style="background-color:#cceeff;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td><td style="background-color:#cceeff;border-top:0.5pt solid #000;padding:2px 0;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">148&#160;</font></td><td style="background-color:#cceeff;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td style="background-color:#cceeff;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td><td style="background-color:#cceeff;border-top:0.5pt solid #000;padding:2px 0;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">47&#160;</font></td><td style="background-color:#cceeff;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 10pt;text-align:left;text-indent:-9.01pt;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:114%">Pro rata share of equity method investments&#58;</font></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:114%">Interest</font></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:114%">11&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:114%">9&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:114%">40&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:114%">36&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:114%">Income tax expense</font></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:114%">Depreciation and amortization</font></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:114%">12&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:114%">12&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:114%">50&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:114%">50&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 10pt;text-align:left;text-indent:-9.01pt;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:114%">Distributions in excess of the basis of equity method investment</font></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:114%">(3)</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:114%">(3)</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:114%">(4)</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:114%">(6)</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:114%">Consolidation adjustments</font></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:114%">1&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:114%">1&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 1pt 2px 10pt;text-align:left;text-indent:-9.01pt;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:114%">Pro rata Adjusted EBITDA of equity method investments</font></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:114%">$</font></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:114%">54&#160;</font></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:114%">$</font></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:114%">48&#160;</font></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:114%">$</font></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:114%">234&#160;</font></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:114%">$</font></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:114%">128&#160;</font></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr></table></div><div style="height:28.8pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div style="text-align:center"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Page 7 of 7</font></div></div></div></body></html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99.2
<SEQUENCE>3
<FILENAME>exhibit992-q42022.htm
<DESCRIPTION>EX-99.2
<TEXT>
<!DOCTYPE html PUBLIC "-//W3C//DTD HTML 4.01 Transitional//EN" "http://www.w3.org/TR/html4/loose.dtd"><html><head>
<!-- Document created using Wdesk -->
<!-- Copyright 2023 Workiva -->
<title>Document</title></head><body><div id="i5471feb54ec24d59876bfcd17d7d5859_33"></div><div style="min-height:36pt;width:100%"><div><font><br></font></div></div><div style="padding-right:14.4pt;text-align:right"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:150%">Exhibit 99.2</font></div><div style="text-align:center"><font><br></font></div><div style="text-align:center"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:700;line-height:150%;text-decoration:underline">Loews Corporation Fourth Quarter 2022 Earnings Remarks</font></div><div><font><br></font></div><div><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:700;line-height:150%">James Tisch, President &#38; CEO&#58;</font></div><div><font><br></font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:150%">Loews had a strong fourth quarter, finishing the year with our consolidated subsidiaries producing stellar results. Before discussing these financial results, however, I&#8217;d like to provide an update concerning the litigation related to our 2018 acquisition of the minority interest in Boardwalk Pipelines. We are pleased to report that in late December of 2022 the Delaware Supreme Court ruled in Loews&#8217;s favor, reversing the lower Court of Chancery&#8217;s ruling that had awarded former Boardwalk minority unitholders damages in the amount of $690 million, plus interest -- or just over $900 million in total. With the main issue settled and behind us, there remain three unresolved issues still under consideration in the litigation process. In December, the case was remanded to the Chancery Court so that the Court could rule on these three remaining items.</font></div><div style="text-align:justify"><font><br></font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:150%">Turning back to Loews&#8217;s financial results, let&#8217;s take a look at our property and casualty insurance subsidiary, CNA Financial.</font></div><div style="text-align:justify"><font><br></font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:150%">CNA&#8217;s performance was strong, with underwriting results at or near its top quartile peers. The company reported a fourth quarter and full year underlying combined ratio of 91.2%, which is in line with the company&#8217;s excellent performance in 2021.  CNA&#8217;s all-in combined ratio increased slightly in the fourth quarter to 93.7% due to higher catastrophe losses from winter storm Elliott. For the full year, however, the all-in combined ratio improved from the prior year by 3.0 points to 93.2% driven by lower catastrophes and more favorable prior year development. In more good news, net written premiums grew 9% in 2022, due to improved retention and strong new business, which grew by 13%.</font></div><div style="text-align:justify"><font><br></font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:150%">Last year&#8217;s substantial interest rate increase was also positive for CNA, since it is enabling the company to reinvest its cash flow at significantly higher yields. And while book value per share has suffered a decline due to those higher interest rates, this decline does not imply any deterioration in the credit quality of the portfolio. On average, CNA reinvests about $300 million a month in its fixed-income portfolio, and higher interest rates will improve that portfolio's yield over time. Higher rates are particularly helpful for CNA's long-term care book of business, which has longer duration liabilities than CNA's P&#38;C business. During 2022, the company was able to buy long-term securities at higher yields than it previously could, allowing it to advantageously lengthen the duration of this portion of its portfolio.</font></div><div style="text-align:justify"><font><br></font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:150%">Given the company&#8217;s strong underwriting performance, CNA raised its regular quarterly dividend from $0.40 per share to $0.42 per share.  Additionally, the company also announced a special dividend of $1.20 per share. Including regular dividends paid in 2022, these dividends represent about 85% of its net income, a percentage that is generally consistent with the last three-year average.</font></div><div style="text-align:justify"><font><br></font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:150%">Loews Hotels had a phenomenal year. The company reported full year adjusted EBITDA of $345 million, far exceeding its pre-pandemic 2019 results.  Several new resort and convention properties developed by Loews Hotels have opened over the past few years, and the company's favorable performance has certainly been positively impacted by the addition of these attractively situated properties. This past November, Loews Hotels expanded its presence in the South Florida market with the addition of the Loews Coral Gables Hotel. Loews Hotels owns a 20% interest in this 242-room property. The company now owns and&#47;or operates 26 hotels and resorts across the US and Canada. Construction also continues on the Loews Arlington Hotel, the company&#8217;s nearly 900-room property in Arlington, Texas, slated to open in the first quarter of 2024. With these additions, roughly 70% of the company&#8217;s over-16,000 rooms are at resort properties.</font></div><div style="height:28.8pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div style="text-align:center"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Page 1 of 11</font></div></div></div><hr style="page-break-after:always"><div style="min-height:36pt;width:100%"><div><font><br></font></div></div><div style="text-align:justify"><font><br></font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:150%">Boardwalk Pipelines also had a great year, reporting full year 2022 EBITDA of $892 million. The company benefited from stronger natural gas flows and improved pricing. Natural gas remains an essential part of our nation&#8217;s energy future because of its ability to fuel dispatchable electricity. We are happy that, over the course of the year, Boardwalk grew its revenue backlog by about $65 million to $9.1 billion, more than 70% of which is with investment grade customers. We also believe that Boardwalk has done an exceptional job of transforming its customer base from mostly marketers to mostly end users. In 2015, 36% of the company&#8217;s revenue was derived from end users&#59; today, approximately 70% of its customers are end users-- primarily power generators, LNG exporters and industrial companies.</font></div><div style="text-align:justify"><font><br></font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:150%">Next I&#8217;d like to provide a quick update on our capital allocation decisions during 2022. At Loews, one of our major capital allocation levers is investing in the companies we know best &#8211; namely, our subsidiaries. These companies tend to finance their own growth, but at times Loews invests in major projects, and in 2022 this was indeed the case. Last year our packaging subsidiary Altium completed a major acquisition and Loews provided $79 million of the $270 million purchase price.  Loews Corp. invested $33 million with Loews Hotels to fund new developments, primarily the construction of the Loews Arlington Hotel. This was only 10% of the $316 million invested by Hotels in its own growth in 2022. Boardwalk also made substantial investments in its own business this year, spending $344 million on capital projects to maintain and expand service to its customers. </font></div><div style="text-align:justify"><font><br></font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:150%">Share repurchases remained Loews&#8217;s largest capital allocation lever in 2022. We repurchased nearly 12.7 million shares for a total cost of about $738 million, which represents about 5% of the shares outstanding at the beginning of the year. We were conservative in the amount we allocated to share repurchases in 2022 in view of the judgment then pending against Loews in Delaware that was reversed in late December.</font></div><div style="text-align:justify"><font><br></font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:150%">Over the past five years, we have repurchased over 97 million shares of Loews stock and reduced our share count by about 29%. We feel that share repurchases are a great use of the company's capital and that they create value for our shareholders over the medium to long term. As long as our shares trade below our view of their intrinsic value, we will continue to repurchase them.</font></div><div style="text-align:justify"><font><br></font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:150%">In conclusion, let me emphasize that it is no accident that Loews and our subsidiaries have had such a good year, given the talent, hard work, and dedication of our employees. I am incredibly grateful for their contributions and look forward to another successful year of creating value for all our stakeholders.</font></div><div style="text-align:justify"><font><br></font></div><div style="height:28.8pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div style="text-align:center"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Page 2 of 11</font></div></div></div><hr style="page-break-after:always"><div style="min-height:36pt;width:100%"><div><font><br></font></div></div><div style="text-align:justify"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:700;line-height:150%">Jane Wang, Chief Financial Officer&#58;</font></div><div style="text-align:justify"><font><br></font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:150%">For the fourth quarter of 2022, Loews reported net income of $364 million or $1.53 per share, which compares favorably to net income of $343 million or $1.36 per share in last year's fourth quarter. This year-over-year increase was driven by higher investment income from the parent company and higher income from Boardwalk, partially offset by lower net income from CNA.</font></div><div style="text-align:justify"><font><br></font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:150%">For the full year, Loews reported net income of $1.012 billion or $4.16 per share compared to $1.578 billion or $6.07 per share in 2021. Last year&#8217;s results included a $438 million after-tax investment gain from the partial sale and deconsolidation of Altium Packaging. Putting aside lower investment income at both CNA and Loews, all of our subsidiaries posted strong growth in operating performance, which I will discuss in more detail later.</font></div><div style="text-align:justify"><font><br></font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:150%">Book value per share declined from $71.84 at the end of 2021 to $61.86 at the end of 2022 due to the effect of higher interest rates lowering the fair value of CNA&#8217;s fixed income investments.  Excluding accumulated other comprehensive income, where this unrealized loss sits, book value per share increased by nearly 7% from $71.09 to $75.78. The increase was driven by 2022&#8217;s earnings and accretive share repurchases.</font></div><div style="text-align:justify"><font><br></font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:150%">Turning to our insurance subsidiary&#58; CNA contributed net income of $223 million to Loews in the fourth quarter of 2022, compared to $239 million in 2021.  The slight year-over-year decrease was driven by lower investment results and higher catastrophes due to Winter Storm Elliott, partially offset by higher underlying underwriting income.  The fourth quarter of 2022 also benefited from lower adverse reserve development on CNA&#8217;s loss portfolio transfer related to asbestos and environmental liabilities.</font></div><div style="text-align:justify"><font><br></font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:150%">For the full year, CNA contributed net income of $802 million to Loews versus $1.077 billion in 2021. The decrease was driven by unfavorable results in the company&#8217;s LP and common stock portfolios, which masked a record year of P&#38;C underwriting income for CNA.</font></div><div style="text-align:justify"><font><br></font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:150%">For the year, LPs and common stocks in the CNA portfolio together posted a negative 1.4% return, versus a positive return of 22.3% in 2021. Additionally, in 2022, CNA experienced investment losses driven by unfavorable changes in the fair value of nonredeemable preferred stock and from realized losses on sales related to portfolio repositioning activities.  CNA was able to increase duration on its Life &#38; Group investment portfolio from 9.2 years at the end of 2021 to 9.9 years at the end of 2022.</font></div><div style="text-align:justify"><font><br></font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:150%">In 2022 CNA posted its highest year of P&#38;C underwriting income ever, up 93% from 2021. This increase was driven by continued profitable growth in this hard insurance market.</font></div><div style="text-align:justify"><font><br></font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:150%">Net written premiums grew by 9% in 2022, driven by three factors&#58;</font></div><div style="text-align:justify"><font><br></font></div><div style="padding-left:36pt;text-align:justify;text-indent:-18pt"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:150%">&#8226;</font><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:150%;padding-left:14.5pt">First, new business grew by 13%,</font></div><div style="text-align:justify"><font><br></font></div><div style="padding-left:36pt;text-align:justify;text-indent:-18pt"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:150%">&#8226;</font><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:150%;padding-left:14.5pt">Second, retention increased by 4pts to 86%, and </font></div><div style="text-align:justify"><font><br></font></div><div style="padding-left:36pt;text-align:justify;text-indent:-18pt"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:150%">&#8226;</font><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:150%;padding-left:14.5pt">Third, while net written rate increases decelerated to 5%, exposure growth increased to nearly 3%.</font></div><div style="text-align:justify"><font><br></font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:150%">The company&#8217;s 2022 combined ratio of 93.2% is a 3.0 point improvement over 2021, driven by 2.1 points of improvement in catastrophe losses and a 0.7-point improvement in favorable prior year development. Catastrophe losses in 2021 included both Hurricane Ida and Winter Storm Uri.</font></div><div style="height:28.8pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div style="text-align:center"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Page 3 of 11</font></div></div></div><hr style="page-break-after:always"><div style="min-height:36pt;width:100%"><div><font><br></font></div></div><div style="text-align:justify"><font><br></font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:150%">Beginning in Q1 2023, long-term care will be accounted for under the new GAAP accounting standard of &#8220;long duration targeted improvement&#8221;, otherwise known as LDTI.  Under this accounting, changes in discount rate and operating assumptions will decouple as discount rates will run through the balance sheet under AOCI, and changes in operating assumptions will run through the income statement. Discount rate assumptions will be based on single A-rated yields and updated on a quarterly basis.  Operating assumptions such as morbidity and persistency will be reviewed at least annually.  While the change is effective January 1, 2023, CNA, as well as Loews, will be applying these changes from the transition date of January 1, 2021. In other words, there will be one year of restated financial results in our quarterly reports and two years of restated financial results in our annual 10-K filing.  More to come on this topic next quarter, but the main point to note is that this change in accounting has no impact on the cash flows or underlying economics of CNA&#8217;s long-term care business, nor does it impact capital and surplus under statutory accounting practices.</font></div><div style="text-align:justify"><font><br></font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:150%">These are the highlights for CNA.  Please refer to CNA's Investor Relations website for more details on their results and further discussion on the LDTI accounting change.</font></div><div style="text-align:justify"><font><br></font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:150%">Moving to our natural gas pipeline business&#58; Boardwalk contributed EBITDA of $248 million in the fourth quarter compared to $207 million in the fourth quarter of 2021. For the full year, EBITDA increased from $834 million in 2021 to $892 million in 2022. As a reminder, EBITDA is defined and reconciled on page 10 of these remarks.</font></div><div style="text-align:justify"><font><br></font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:150%">This outstanding performance was driven by higher revenues from recently completed growth projects, higher recontracting rates and higher utilization of pipeline and storage assets. This revenue growth was partially offset by higher costs from maintenance projects due to revised pipeline safety requirements.</font></div><div style="text-align:justify"><font><br></font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:150%">Boardwalk&#8217;s 2022 fourth quarter and full year net income also increased by $18 million and $12 million to $83 million and $247 million, respectively. The positive change in net income was smaller than the increase in EBITDA due to higher depreciation expense from recently completed projects.</font></div><div style="text-align:justify"><font><br></font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:150%">Loews Hotels had a record year in 2022. The company contributed $117 million of net income to Loews in 2022 versus a $14 million loss in 2021. These improvements were driven by robust leisure travel demand, as well as a pickup in group travel.  For the fourth quarter of 2022, Hotels contributed $33 million of net income versus $37 million in the fourth quarter of 2021.  The negative comparison is due to the acceleration of a local government grant of $26 million in 2021&#8217;s fourth quarter, which was substantially offset by the company&#8217;s strong operating performance in 2022.</font></div><div style="text-align:justify"><font><br></font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:150%">The company posted Adjusted EBITDA of $85 million in the fourth quarter of 2022 versus $64 million in the fourth quarter of 2021. Full year Adjusted EBITDA improved by over $200 million from $135 million in 2021 to $345 million in 2022. As a reminder, Adjusted EBITDA is defined and reconciled on page 11 of these remarks.</font></div><div style="text-align:justify"><font><br></font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:150%">Occupancy increased from 55% in 2021 to 79% in 2022.</font></div><div style="text-align:justify"><font><br></font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:150%">Finally, turning to the corporate segment&#58; Loews recorded investment income of $72 million in the fourth quarter of 2022 compared to $46 million in the prior year&#8217;s quarter, driven by improvement in equity returns.  However, full year 2022 had lower investment returns compared to 2021.</font></div><div style="text-align:justify"><font><br></font></div><div style="height:28.8pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div style="text-align:center"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Page 4 of 11</font></div></div></div><hr style="page-break-after:always"><div style="min-height:36pt;width:100%"><div><font><br></font></div></div><div style="text-align:justify"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:150%">The corporate segment also includes our proportionate share of Altium&#8217;s earnings, which is accounted for under the equity method. Altium&#8217;s 2022 results improved year-over-year due to improvement in inflationary cost pressures and contribution from acquisitions, partially offset by volume declines.</font></div><div style="text-align:justify"><font><br></font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:150%">From a cash flow perspective, we received $97 million in dividends from CNA in the fourth quarter of 2022. For the full year 2022, CNA paid Loews $876 million,consisting of four regular quarterly dividends of $0.40 per share and a special dividend of $2 per share.  We also received $102 million in dividends from Boardwalk Pipelines.</font></div><div style="text-align:justify"><font><br></font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:150%">From October 31 through December 31, we repurchased 1.5 million shares of our common stock at a cost of $86 million. That brings our total 2022 share repurchases to 12.7 million shares at a total cost of $738 million. From January 1 through February 3 of 2023, Loews repurchased an additional 1.0 million shares for a total cost of $58 million.</font></div><div style="text-align:justify"><font><br></font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:150%">Loews ended the year with $3.2 billion in cash and short-term investments.</font></div><div style="text-align:justify"><font><br></font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:150%">Today, CNA announced that they increased their regular dividend to $0.42 and declared a special dividend of $1.20, which amounts to $395 million for Loews, which we expect to receive in March.</font></div><div style="text-align:justify"><font><br></font></div><div style="height:28.8pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div style="text-align:center"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Page 5 of 11</font></div></div></div><hr style="page-break-after:always"><div style="min-height:36pt;width:100%"><div><font><br></font></div></div><div style="text-align:center"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:700;line-height:150%">Investor Q&#38;A</font></div><div style="text-align:center"><font><br></font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:150%">Every quarter, we encourage shareholders to send us questions in advance of earnings that they would like us to answer in our remarks. Please see below for the questions we have received, along with some additional questions we found relevant.</font></div><div style="text-align:justify"><font><br></font></div><div><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:120%">CNA just declared a special dividend of $1.20 versus $2.00 last year. Does this change impact your outlook for the company&#63;</font></div><div style="text-align:justify"><font><br></font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:150%">This change is attributable to lower investment income from losses in the LP and common stock portfolios. The increase in the company&#8217;s regular quarterly dividend from $0.40 to $0.42 is a reflection of the CNA Board&#8217;s confidence in the future performance of CNA. The company remains operationally strong, and we are very bullish on the company&#8217;s prospects. Not only do we believe that CNA will benefit from higher interest rates,  we also believe the company will continue to produce strong underlying results. CNA&#8217;s management team has done a tremendous job over the past several years transforming CNA into a top quartile underwriter. Since Dino Robusto took over, the company&#8217;s underlying combined ratio has improved from 97.9% in 2016 to 91.2% in 2022.</font></div><div style="text-align:justify"><font><br></font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:150%">How will a potential recession impact your subsidiaries&#63;</font></div><div style="text-align:justify"><font><br></font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:150%">Overall, our subsidiaries operate in fairly recession-resilient industries. That said, we would expect a recession to have some impact, which we&#8217;ll outline subsidiary by subsidiary.</font></div><div style="text-align:justify"><font><br></font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:150%">Insurance is an essential service that businesses need regardless of the broader economic environment. In fact, a recession may benefit the insurance industry by bringing down loss cost inflation. The industry is currently feeling the effects of high inflation, which we would expect to moderate in a recession. However, growth in certain insurance lines may be impacted by a slowdown in business activity. For example, workers compensation premiums would likely be lower if there are fewer individuals in the workplace.</font></div><div style="text-align:justify"><font><br></font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:150%">Boardwalk is perhaps our most recession-resilient business, as its backlog primarily consists of firm contracts with investment-grade customers. Historically in recessions, there&#8217;s not a significant decline in demand for natural gas.  Boardwalk&#8217;s contracts are also take-or-pay so it would not be significantly impacted by lower throughput.</font></div><div style="text-align:justify"><font><br></font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:150%">Loews Hotels is the most likely to feel the impact of a recession. Although we have not seen any slowdown in demand yet, a recession would likely result in a reduction of both leisure and business travel.</font></div><div style="text-align:justify"><font><br></font></div><div><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:150%">Altium is also highly recession-resistant since most of the end markets that it serves are consumer staples. The company, and the manufacturing sector in general, may also benefit from a recession if the recession results in lower labor turnover.</font></div><div style="text-align:justify"><font><br></font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:150%">How have higher interest rates impacted your subsidiaries&#63;</font></div><div style="text-align:justify"><font><br></font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:150%">For the most part our subsidiaries have fixed rate debt. The one exception is Altium, which has some floating rate debt.  CNA has been positively impacted by higher rates as it is able to re-invest its portfolio at more attractive yields.</font></div><div style="text-align:justify"><font><br></font></div><div style="height:28.8pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div style="text-align:center"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Page 6 of 11</font></div></div></div><hr style="page-break-after:always"><div style="min-height:36pt;width:100%"><div><font><br></font></div></div><div style="text-align:justify"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:150%">How will the 1% tax on share repurchases impact your capital allocation strategy&#63;</font></div><div style="text-align:justify"><font><br></font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:150%">The share repurchase tax will go into effect for the 2023 taxable year and will levy a tax of 1% of the fair market value of any stock repurchased less the fair value of any stock issued during the year. This tax is estimated to raise $55 billion to over $100 billion of revenue over the next ten years. These estimates take into account a modest shift towards dividends in response to the tax.</font></div><div style="text-align:justify"><font><br></font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:150%">At 1%, this tax will not change our capital allocation strategy. However, at higher levels Loews and many other corporations may reevaluate their share repurchase allocations.</font></div><div style="text-align:justify"><font><br></font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:150%">Jim, would you like to share your latest thoughts on the economy, interest rates and inflation&#63;</font></div><div style="text-align:justify"><font><br></font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:150%">I looked back in my notes and saw that this is the eighth time I will have commented on the economy and interest rates over the past few years.  I'm pleased to say that &#8211; so far &#8211; I haven&#8217;t embarrassed myself with my forecasts.  I&#8217;ll quickly recap my remarks here to share how my thinking has evolved in response to the Fed&#8217;s actions.</font></div><div style="text-align:justify"><font><br></font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:150%">I started out in early May of 2021 by ringing the inflation alarm bell and talking about higher commodity prices along with cost-push and demand-pull inflationary warnings.  At that time, I said the Fed had their proverbial heads in the sand concerning inflation. I also said that politicians and economists were truly kidding themselves about Modern Monetary Theory (the notion that one can have unlimited federal spending </font><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:150%;text-decoration:underline">and</font><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:150%"> loose money with no adverse economic impacts).</font></div><div style="text-align:justify"><font><br></font></div><div><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:150%">In the next few calls, I went on to note that inflation warning signs were proliferating. I cited concerns about the cycle of inflation and the scarcity of employees. I warned against easy monetary policy in a strengthening economy and said that a near zero Fed funds rate was a danger. I stated that the squeeze on Treasuries brought about by quantitative easing -- resulting in ten-year notes trading between 50 basis points and 1.50% -- was a red flag, as was the dramatic rise in M2 at over a 20% rate of growth.</font></div><div style="text-align:justify"><font><br></font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:150%">In February of 2022, however, I started to change my tune as the Fed seemed finally to admit they had a problem. It was now abundantly clear that fiscal stimulus combined with easy monetary policy had brought year-over-year CPI to 7.5% (on its way to 9% in June of &#8217;22), and the Fed sat up and took notice.  In May of &#8217;22, I gave kudos to Chairman Powell for finally recognizing the problem.  I said that the age of yield curve intervention had ended.</font></div><div style="text-align:justify"><font><br></font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:150%">Fiscal stimulus, loose money, easing Covid and a high savings rate had combined to release the inflation genie from its bottle.  Gone were Modern Monetary Theory, the Fed put on the stock market (the notion that the Fed would not allow the stock market to decline significantly), and yield curve control by the Fed. At the time I said&#58; &#8220;The Fed imposing its judgment in place of the market's judgment, while sometimes necessary in a moment of crisis, is fraught with enormous danger as a long-term policy.&#8221;</font></div><div style="text-align:justify"><font><br></font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:150%">That brings us up to today. Until Friday&#8217;s blowout unemployment numbers, I would have said that it seems to me that the Fed is trying to atone for having been asleep at the switch for the past 15 years &#8211; and especially for the last two years &#8211; by being ultra-tight now.  If I were a member of the FOMC and had to decide last week on whether or not to tighten, I would have argued that the Fed should pause for three or four months in order to see whether they have already raised rates enough to slow the economy and bring inflation down. </font><font style="color:#ff0000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:150%"> </font><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:150%">Over-tightening has its risks, including possibly causing a calamity in the financial markets akin to what happened with the failure of Long Term Capital Management in 1998. In view of Friday&#8217;s numbers, however, </font></div><div style="height:28.8pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div style="text-align:center"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Page 7 of 11</font></div></div></div><hr style="page-break-after:always"><div style="min-height:36pt;width:100%"><div><font><br></font></div></div><div style="text-align:justify"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:150%">I&#8217;ve changed my mind and tip my hat to the Chairman for the continued tightening by the Fed. As for further tightening moves, I would monitor the data very closely and would err on the side of a pause to avoid the economic risks of overtightening.</font></div><div style="text-align:justify"><font><br></font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:150%">With regard to the possibility of a recession, my current forecast is for what I call a shallow full-employment recession in 2023 wherein unemployment stays below 5 percent.</font></div><div style="text-align:justify"><font><br></font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:150%">Notwithstanding my view that the Fed has gotten with the program in the past year, I am not yet bullish on term government securities. The ten-year Treasury note currently trades at a yield of approximately 3.55% percent, which means that even if inflation numbers get down to the Fed&#8217;s goal of 2 percent, the ten-year notes will still be trading with a 135 basis point real yield.  If you look at ten-year note yields over the past 40 years, you will see that until 2007 they traded with a real yield (vis-&#224;-vis the year-over-year CPI) of 200 to 400 basis points.   Since 2008 and the age of loose monetary policy by the Fed, real yields have oftentimes been zero or negative. I believe that those days are over, and that quantitative easing and ZIRP (zero interest rate policy) are now in the rear-view mirror.  Instead, last year, with the Fed increasing short rates and quantitative tightening, the Fed reintroduced policies that will result in positive real yields for investors. Instead of the Fed purchasing $1 trillion of term securities a year, they are now selling that amount every year. The bond market will need to reprice to accommodate that extra supply.</font></div><div style="text-align:justify"><font><br></font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:150%">Unless there is a catastrophe in the financial markets, I don&#8217;t expect that the Fed will go back to ZIRP or QE for a long while -- so my advice is for investors to go slowly investing in Treasuries. Treasuries are certainly a much better investment today than they were anytime in the past 15 years, but my guess is that over time, they will become a better and better investment since they will likely trade at higher real yields.</font></div><div style="text-align:justify"><font><br></font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:150%">And that&#8217;s the way I see the Fed and the fixed income investing environment at this moment.  Stay tuned in three months for another update!</font></div><div><font><br></font></div><div style="text-align:justify"><font><br></font></div><div style="height:28.8pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div style="text-align:center"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Page 8 of 11</font></div></div></div><hr style="page-break-after:always"><div style="min-height:36pt;width:100%"><div><font><br></font></div></div><div style="text-align:justify"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:700;line-height:150%">Reconciliation of GAAP Measures to Non-GAAP Measures</font></div><div style="text-align:justify"><font><br></font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:150%">These earnings remarks contain financial measures that are not in accordance with accounting principles generally accepted in the United States of America (&#34;GAAP&#34;). Management believes some investors may find these measures useful to evaluate our and our subsidiaries&#8217; financial performance. Boardwalk Pipelines utilizes earnings before interest, income tax expense, depreciation and amortization (&#8220;EBITDA&#8221;), and Loews Hotels utilizes Adjusted EBITDA. These measures are defined and reconciled to the most comparable GAAP measures on pages 10 and 11 of these remarks.</font></div><div style="text-align:justify"><font><br></font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:700;line-height:150%">About Loews Corporation</font></div><div style="text-align:justify"><font><br></font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:150%">Loews Corporation is a diversified company with businesses in the insurance, energy, hospitality and packaging industries. For more information, please visit www.loews.com.</font></div><div style="text-align:justify"><font><br></font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:700;line-height:150%">Forward-Looking Statements</font></div><div style="text-align:justify"><font><br></font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:150%">Statements contained in these earnings remarks which are not historical facts are &#34;forward-looking statements&#34; within the meaning of the federal securities laws. Forward-looking statements are inherently uncertain and subject to a variety of risks that could cause actual results to differ materially from those expected by management of the Company. A discussion of the important risk factors and other considerations that could materially impact these matters as well as the Company's overall business and financial performance can be found in the Company's reports filed with the Securities and Exchange Commission and readers of this release are urged to review those reports carefully when considering these forward-looking statements. Copies of these reports are available through the Company's website (www.loews.com). Given these risk factors, investors and analysts should not place undue reliance on forward-looking statements. Any such forward-looking statements speak only as of the date of these remarks. The Company expressly disclaims any obligation or undertaking to release publicly any updates or revisions to any forward-looking statement to reflect any change in the Company's expectations with regard thereto or any change in events, conditions or circumstances on which any forward-looking statement is based.</font></div><div style="text-align:justify"><font><br></font></div><div style="height:28.8pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div style="text-align:center"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Page 9 of 11</font></div></div></div><hr style="page-break-after:always"><div style="min-height:36pt;width:100%"><div><font><br></font></div></div><div><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:700;line-height:150%">Definitions of Non-GAAP Measures and Reconciliation of GAAP Measures to Non-GAAP Measures&#58;</font></div><div><font><br></font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:700;line-height:150%">Boardwalk Pipelines</font></div><div style="text-align:justify"><font><br></font></div><div style="text-align:justify"><font style="background-color:#ffffff;color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:150%">EBITDA is defined as </font><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:150%">earnings before interest, income tax expense, depreciation and amortization</font><font style="background-color:#ffffff;color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:150%">. The following table presents a reconciliation of Boardwalk net income attributable to Loews Corporation to EBITDA&#58;</font></div><div style="text-align:justify"><font><br></font></div><div style="text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.968%"><tr><td style="width:1.0%"></td><td style="width:49.133%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:11.341%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:11.341%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:11.341%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:11.344%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="12" style="border-bottom:0.5pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:700;line-height:100%">December 31,</font></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="6" style="border-top:0.5pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Three Months Ended</font></td><td colspan="6" style="border-top:0.5pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Years Ended</font></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:114%">(In millions)</font></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:700;line-height:114%">2022</font></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:700;line-height:114%">2021</font></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #000000;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="text-align:center"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:700;line-height:114%">2022</font></div></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #000000;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="text-align:center"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:700;line-height:114%">2021</font></div></td></tr><tr><td colspan="3" style="background-color:#cceeff;border-top:0.5pt solid #000;padding:2px 1pt 2px 10pt;text-align:left;text-indent:-9.01pt;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:114%">Boardwalk net income attributable to Loews Corporation</font></td><td style="background-color:#cceeff;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td><td style="background-color:#cceeff;border-top:0.5pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">83&#160;</font></td><td style="background-color:#cceeff;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td style="background-color:#cceeff;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td><td style="background-color:#cceeff;border-top:0.5pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">65&#160;</font></td><td style="background-color:#cceeff;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td style="background-color:#cceeff;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td><td style="background-color:#cceeff;border-top:0.5pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">247&#160;</font></td><td style="background-color:#cceeff;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td style="background-color:#cceeff;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td><td style="background-color:#cceeff;border-top:0.5pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">235&#160;</font></td><td style="background-color:#cceeff;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:114%">Interest</font></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:114%">40&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:114%">40&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:114%">166&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:114%">161&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:114%">Income tax expense</font></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:114%">26&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:114%">9&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:114%">83&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:114%">68&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:114%">Depreciation and amortization</font></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:114%">99&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:114%">93&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:114%">396&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:114%">370&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td></tr><tr><td colspan="3" style="background-color:#cceeff;border-bottom:3pt double #000;border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:114%">EBITDA</font></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:114%">$</font></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:0.5pt solid #000;padding:2px 0;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:114%">248&#160;</font></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:114%">$</font></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:0.5pt solid #000;padding:2px 0;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:114%">207&#160;</font></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:114%">$</font></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:0.5pt solid #000;padding:2px 0;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:114%">892&#160;</font></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:114%">$</font></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:0.5pt solid #000;padding:2px 0;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:114%">834&#160;</font></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td></tr></table></div><div style="text-align:justify"><font><br></font></div><div style="height:28.8pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div style="text-align:center"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Page 10 of 11</font></div></div></div><hr style="page-break-after:always"><div style="min-height:36pt;width:100%"><div><font><br></font></div></div><div style="text-align:justify"><font><br></font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:700;line-height:150%">Loews Hotels &#38; Co</font></div><div style="text-align:justify"><font><br></font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:150%">Adjusted EBITDA is calculated by excluding from Loews Hotels &#38; Co&#8217;s EBITDA, state and local government development grants, gains or losses on dispositions, asset impairments, and equity method income from EBITDA and including Loews Hotels &#38; Co&#8217;s pro rata Adjusted EBITDA of equity method investments. Pro rata Adjusted EBITDA of equity method investments is calculated by applying Loews Hotels &#38; Co&#8217;s ownership percentage to the underlying equity method investment&#8217;s components of EBITDA and excluding distributions in excess of the basis in the equity method investment. See below for a reconciliation of net income (loss) attributable to Loews Corporation to Adjusted EBITDA and a reconciliation of pro rata Adjusted EBITDA of equity method investments. </font><font style="background-color:#ffffff;color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:150%">The following table presents a reconciliation of Loews Hotels &#38; Co net income (loss) attributable to Loews Corporation to Adjusted EBITDA&#58;</font></div><div><font><br></font></div><div style="text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.968%"><tr><td style="width:1.0%"></td><td style="width:49.133%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:11.341%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:11.341%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:11.341%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:11.344%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="12" style="border-bottom:0.5pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:700;line-height:100%">December 31,</font></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="6" style="border-top:0.5pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Three Months Ended</font></td><td colspan="6" style="border-top:0.5pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Years Ended</font></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:114%">(In millions)</font></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:700;line-height:114%">2022</font></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:700;line-height:114%">2021</font></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #000000;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="text-align:center"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:700;line-height:114%">2022</font></div></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #000000;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="text-align:center"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:700;line-height:114%">2021</font></div></td></tr><tr><td colspan="3" style="background-color:#cceeff;border-top:0.5pt solid #000;padding:2px 1pt 2px 10pt;text-align:left;text-indent:-9.01pt;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:114%">Loews Hotels &#38; Co net income (loss) attributable to Loews Corporation</font></td><td style="background-color:#cceeff;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td><td style="background-color:#cceeff;border-top:0.5pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">33&#160;</font></td><td style="background-color:#cceeff;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td style="background-color:#cceeff;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td><td style="background-color:#cceeff;border-top:0.5pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">37&#160;</font></td><td style="background-color:#cceeff;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td style="background-color:#cceeff;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td><td style="background-color:#cceeff;border-top:0.5pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">117&#160;</font></td><td style="background-color:#cceeff;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td style="background-color:#cceeff;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td><td style="background-color:#cceeff;border-top:0.5pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(14)</font></td><td style="background-color:#cceeff;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:114%">Interest</font></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:114%">4&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:114%">11&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:114%">11&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:114%">36&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:114%">Income tax expense</font></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:114%">8&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:114%">15&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:114%">44&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:114%">2&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:114%">Depreciation and amortization</font></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:114%">17&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:114%">16&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:114%">64&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:114%">63&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td></tr><tr><td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:114%">EBITDA</font></td><td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:114%">62&#160;</font></td><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:114%">79&#160;</font></td><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:114%">236&#160;</font></td><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:114%">87&#160;</font></td><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:114%">State and local government development grants</font></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:114%">&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:114%">(39)</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:114%">&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:114%">(39)</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:114%">Net gain on dispositions</font></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:114%">&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:114%">(8)</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:114%">&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:114%">(8)</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:114%">Asset impairments</font></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:114%">3&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:114%">10&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:114%">25&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:114%">10&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 10pt;text-align:left;text-indent:-9.01pt;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:114%">Equity investment adjustments&#58;</font></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 16pt;text-align:left;text-indent:-9.01pt;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:114%">Loews Hotels &#38; Co&#8217;s equity method income</font></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:114%">(33)</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:114%">(30)</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:114%">(148)</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:114%">(47)</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 15.99pt;text-align:left;text-indent:-9.01pt;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:114%">Pro rata Adjusted EBITDA of equity method investments</font></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:114%">54&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:114%">48&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:114%">234&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:114%">128&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:114%">Consolidating adjustments</font></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:114%">(1)</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:114%">4&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:114%">(2)</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:114%">4&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td></tr><tr><td colspan="3" style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:114%">Adjusted EBITDA</font></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:114%">$</font></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:114%">85&#160;</font></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:114%">$</font></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:114%">64&#160;</font></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:114%">$</font></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:114%">345&#160;</font></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:114%">$</font></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:114%">135&#160;</font></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td></tr></table></div><div style="text-align:justify"><font><br></font></div><div style="text-align:justify"><font style="background-color:#ffffff;color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:150%">The following table presents a reconciliation of Loews Hotels &#38; Co&#8217;s equity method income to Pro rata Adjusted EBITDA of equity method investments&#58;</font></div><div style="text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.968%"><tr><td style="width:1.0%"></td><td style="width:49.133%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:11.341%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:11.341%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:11.341%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:11.344%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="12" style="border-bottom:0.5pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:700;line-height:100%">December 31,</font></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="6" style="border-top:0.5pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Three Months Ended</font></td><td colspan="6" style="border-top:0.5pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Years Ended</font></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:114%">(In millions)</font></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:700;line-height:114%">2022</font></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:700;line-height:114%">2021</font></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #000000;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="text-align:center"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:700;line-height:114%">2022</font></div></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #000000;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="text-align:center"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:700;line-height:114%">2021</font></div></td></tr><tr><td colspan="3" style="background-color:#cceeff;border-top:0.5pt solid #000;padding:2px 1pt 2px 10pt;text-align:left;text-indent:-9.01pt;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:114%">Loews Hotels &#38; Co&#8217;s equity method income</font></td><td style="background-color:#cceeff;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td><td style="background-color:#cceeff;border-top:0.5pt solid #000;padding:2px 0;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">33&#160;</font></td><td style="background-color:#cceeff;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td style="background-color:#cceeff;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td><td style="background-color:#cceeff;border-top:0.5pt solid #000;padding:2px 0;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">30&#160;</font></td><td style="background-color:#cceeff;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td style="background-color:#cceeff;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td><td style="background-color:#cceeff;border-top:0.5pt solid #000;padding:2px 0;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">148&#160;</font></td><td style="background-color:#cceeff;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td style="background-color:#cceeff;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td><td style="background-color:#cceeff;border-top:0.5pt solid #000;padding:2px 0;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">47&#160;</font></td><td style="background-color:#cceeff;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 10pt;text-align:left;text-indent:-9.01pt;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:114%">Pro rata share of equity method investments&#58;</font></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:114%">Interest</font></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:114%">11&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:114%">9&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:114%">40&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:114%">36&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:114%">Income tax expense</font></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:114%">Depreciation and amortization</font></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:114%">12&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:114%">12&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:114%">50&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:114%">50&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 10pt;text-align:left;text-indent:-9.01pt;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:114%">Distributions in excess of the basis of equity method investment</font></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:114%">(3)</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:114%">(3)</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:114%">(4)</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:114%">(6)</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:114%">Consolidation adjustments</font></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:114%">1&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:114%">1&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 1pt 2px 10pt;text-align:left;text-indent:-9.01pt;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:114%">Pro rata Adjusted EBITDA of equity method investments</font></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:114%">$</font></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:114%">54&#160;</font></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:114%">$</font></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:114%">48&#160;</font></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:114%">$</font></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:114%">234&#160;</font></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:114%">$</font></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:114%">128&#160;</font></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr></table></div><div style="height:28.8pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div style="text-align:center"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Page 11 of 11</font></div></div></div></body></html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-101.SCH
<SEQUENCE>4
<FILENAME>l-20230206.xsd
<DESCRIPTION>XBRL TAXONOMY EXTENSION SCHEMA DOCUMENT
<TEXT>
<XBRL>
<?xml version="1.0" encoding="UTF-8"?>

<!--XBRL Document Created with Wdesk from Workiva-->
<!--Copyright 2023 Workiva-->
<!--r:3bc4c168-cae6-4a50-bc83-5d1dd96a3a2e,g:40983e6a-920e-4349-830e-a45d2b591990-->
<xs:schema xmlns:xs="http://www.w3.org/2001/XMLSchema" xmlns:link="http://www.xbrl.org/2003/linkbase" xmlns:l="http://loews.com/20230206" xmlns:xbrli="http://www.xbrl.org/2003/instance" xmlns:dtr-types="http://www.xbrl.org/dtr/type/2020-01-21" attributeFormDefault="unqualified" elementFormDefault="qualified" targetNamespace="http://loews.com/20230206">
  <xs:import namespace="http://fasb.org/us-gaap/2022" schemaLocation="https://xbrl.fasb.org/us-gaap/2022/elts/us-gaap-2022.xsd"/>
  <xs:import namespace="http://www.w3.org/1999/xlink" schemaLocation="http://www.xbrl.org/2003/xlink-2003-12-31.xsd"/>
  <xs:import namespace="http://www.xbrl.org/2003/instance" schemaLocation="http://www.xbrl.org/2003/xbrl-instance-2003-12-31.xsd"/>
  <xs:import namespace="http://www.xbrl.org/2003/linkbase" schemaLocation="http://www.xbrl.org/2003/xbrl-linkbase-2003-12-31.xsd"/>
  <xs:import namespace="http://www.xbrl.org/dtr/type/2020-01-21" schemaLocation="https://www.xbrl.org/dtr/type/2020-01-21/types.xsd"/>
  <xs:import namespace="http://xbrl.sec.gov/dei/2022" schemaLocation="https://xbrl.sec.gov/dei/2022/dei-2022.xsd"/>
  <xs:import namespace="http://xbrl.sec.gov/exch/2022" schemaLocation="https://xbrl.sec.gov/exch/2022/exch-2022.xsd"/>
  <xs:annotation>
    <xs:appinfo>
      <link:linkbaseRef xmlns:xlink="http://www.w3.org/1999/xlink" xlink:arcrole="http://www.w3.org/1999/xlink/properties/linkbase" xlink:href="l-20230206_lab.xml" xlink:role="http://www.xbrl.org/2003/role/labelLinkbaseRef" xlink:type="simple"/>
      <link:linkbaseRef xmlns:xlink="http://www.w3.org/1999/xlink" xlink:arcrole="http://www.w3.org/1999/xlink/properties/linkbase" xlink:href="l-20230206_pre.xml" xlink:role="http://www.xbrl.org/2003/role/presentationLinkbaseRef" xlink:type="simple"/>
      <link:linkbaseRef xmlns:xlink="http://www.w3.org/1999/xlink" xlink:arcrole="http://www.w3.org/1999/xlink/properties/linkbase" xlink:href="l-20230206_def.xml" xlink:role="http://www.xbrl.org/2003/role/definitionLinkbaseRef" xlink:type="simple"/>
      <link:roleType id="Cover" roleURI="http://loews.com/role/Cover">
        <link:definition>0000001 - Document - Cover</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
    </xs:appinfo>
  </xs:annotation>
  <xs:element id="l_CommonStock001ParValueMember" abstract="true" name="CommonStock001ParValueMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
</xs:schema>
</XBRL>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-101.DEF
<SEQUENCE>5
<FILENAME>l-20230206_def.xml
<DESCRIPTION>XBRL TAXONOMY EXTENSION DEFINITION LINKBASE DOCUMENT
<TEXT>
<XBRL>
<?xml version="1.0" encoding="UTF-8"?>

<!--XBRL Document Created with Wdesk from Workiva-->
<!--Copyright 2023 Workiva-->
<!--r:3bc4c168-cae6-4a50-bc83-5d1dd96a3a2e,g:40983e6a-920e-4349-830e-a45d2b591990-->
<link:linkbase xmlns:link="http://www.xbrl.org/2003/linkbase" xmlns:xlink="http://www.w3.org/1999/xlink" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance" xmlns:xbrldt="http://xbrl.org/2005/xbrldt" xsi:schemaLocation="http://www.xbrl.org/2003/linkbase http://www.xbrl.org/2003/xbrl-linkbase-2003-12-31.xsd">
  <link:arcroleRef arcroleURI="http://xbrl.org/int/dim/arcrole/all" xlink:type="simple" xlink:href="http://www.xbrl.org/2005/xbrldt-2005.xsd#all"/>
  <link:arcroleRef arcroleURI="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:type="simple" xlink:href="http://www.xbrl.org/2005/xbrldt-2005.xsd#hypercube-dimension"/>
  <link:arcroleRef arcroleURI="http://xbrl.org/int/dim/arcrole/dimension-default" xlink:type="simple" xlink:href="http://www.xbrl.org/2005/xbrldt-2005.xsd#dimension-default"/>
  <link:arcroleRef arcroleURI="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:type="simple" xlink:href="http://www.xbrl.org/2005/xbrldt-2005.xsd#dimension-domain"/>
  <link:arcroleRef arcroleURI="http://xbrl.org/int/dim/arcrole/domain-member" xlink:type="simple" xlink:href="http://www.xbrl.org/2005/xbrldt-2005.xsd#domain-member"/>
  <link:roleRef roleURI="http://loews.com/role/Cover" xlink:type="simple" xlink:href="l-20230206.xsd#Cover"/>
  <link:definitionLink xlink:role="http://loews.com/role/Cover" xlink:type="extended" id="ie5c01a2950eb4e28ab5a9d37d27822d7_Cover">
    <link:loc xlink:type="locator" xlink:label="loc_dei_EntityInformationLineItems_270c1b3a-e514-4df2-ac43-117d767f23e9" xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_EntityInformationLineItems"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_DocumentType_fdb2959c-f6cc-4e5b-b303-db35b3e44fcc" xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_DocumentType"/>
    <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_dei_EntityInformationLineItems_270c1b3a-e514-4df2-ac43-117d767f23e9" xlink:to="loc_dei_DocumentType_fdb2959c-f6cc-4e5b-b303-db35b3e44fcc" xlink:type="arc" order="0"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_DocumentPeriodEndDate_dcd09a57-edc1-4c00-9f97-fad5b2ac9b29" xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_DocumentPeriodEndDate"/>
    <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_dei_EntityInformationLineItems_270c1b3a-e514-4df2-ac43-117d767f23e9" xlink:to="loc_dei_DocumentPeriodEndDate_dcd09a57-edc1-4c00-9f97-fad5b2ac9b29" xlink:type="arc" order="1"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_EntityRegistrantName_c427d830-76b6-407b-b3b3-382d072fce98" xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_EntityRegistrantName"/>
    <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_dei_EntityInformationLineItems_270c1b3a-e514-4df2-ac43-117d767f23e9" xlink:to="loc_dei_EntityRegistrantName_c427d830-76b6-407b-b3b3-382d072fce98" xlink:type="arc" order="2"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_EntityCentralIndexKey_509895cc-11ca-4492-89fb-fdfd613dd3c2" xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_EntityCentralIndexKey"/>
    <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_dei_EntityInformationLineItems_270c1b3a-e514-4df2-ac43-117d767f23e9" xlink:to="loc_dei_EntityCentralIndexKey_509895cc-11ca-4492-89fb-fdfd613dd3c2" xlink:type="arc" order="3"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_AmendmentFlag_ab8911f8-6d98-4bb1-bd7b-f9a3e006b941" xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_AmendmentFlag"/>
    <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_dei_EntityInformationLineItems_270c1b3a-e514-4df2-ac43-117d767f23e9" xlink:to="loc_dei_AmendmentFlag_ab8911f8-6d98-4bb1-bd7b-f9a3e006b941" xlink:type="arc" order="4"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_EntityIncorporationStateCountryCode_f83a9713-3c82-4a90-b430-ba8fc80c9a2a" xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_EntityIncorporationStateCountryCode"/>
    <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_dei_EntityInformationLineItems_270c1b3a-e514-4df2-ac43-117d767f23e9" xlink:to="loc_dei_EntityIncorporationStateCountryCode_f83a9713-3c82-4a90-b430-ba8fc80c9a2a" xlink:type="arc" order="5"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_EntityFileNumber_114b2129-e885-43b6-8e4e-fe163bf510db" xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_EntityFileNumber"/>
    <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_dei_EntityInformationLineItems_270c1b3a-e514-4df2-ac43-117d767f23e9" xlink:to="loc_dei_EntityFileNumber_114b2129-e885-43b6-8e4e-fe163bf510db" xlink:type="arc" order="6"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_EntityTaxIdentificationNumber_c866dfb1-c48d-4832-a86c-bf09c762fe19" xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_EntityTaxIdentificationNumber"/>
    <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_dei_EntityInformationLineItems_270c1b3a-e514-4df2-ac43-117d767f23e9" xlink:to="loc_dei_EntityTaxIdentificationNumber_c866dfb1-c48d-4832-a86c-bf09c762fe19" xlink:type="arc" order="7"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_EntityAddressAddressLine1_61879dbe-212c-412e-95f9-92f89393ae58" xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_EntityAddressAddressLine1"/>
    <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_dei_EntityInformationLineItems_270c1b3a-e514-4df2-ac43-117d767f23e9" xlink:to="loc_dei_EntityAddressAddressLine1_61879dbe-212c-412e-95f9-92f89393ae58" xlink:type="arc" order="8"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_EntityAddressCityOrTown_cb3914a7-021f-4c54-be01-fcd3334f6e0a" xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_EntityAddressCityOrTown"/>
    <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_dei_EntityInformationLineItems_270c1b3a-e514-4df2-ac43-117d767f23e9" xlink:to="loc_dei_EntityAddressCityOrTown_cb3914a7-021f-4c54-be01-fcd3334f6e0a" xlink:type="arc" order="9"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_EntityAddressStateOrProvince_4cfae55d-749e-4957-bd0f-557930957bb4" xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_EntityAddressStateOrProvince"/>
    <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_dei_EntityInformationLineItems_270c1b3a-e514-4df2-ac43-117d767f23e9" xlink:to="loc_dei_EntityAddressStateOrProvince_4cfae55d-749e-4957-bd0f-557930957bb4" xlink:type="arc" order="10"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_EntityAddressPostalZipCode_f4a262bc-948e-4af3-b926-d692af993bf6" xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_EntityAddressPostalZipCode"/>
    <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_dei_EntityInformationLineItems_270c1b3a-e514-4df2-ac43-117d767f23e9" xlink:to="loc_dei_EntityAddressPostalZipCode_f4a262bc-948e-4af3-b926-d692af993bf6" xlink:type="arc" order="11"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_CityAreaCode_299227e8-cab9-4390-9ccc-caf51aa87e29" xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_CityAreaCode"/>
    <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_dei_EntityInformationLineItems_270c1b3a-e514-4df2-ac43-117d767f23e9" xlink:to="loc_dei_CityAreaCode_299227e8-cab9-4390-9ccc-caf51aa87e29" xlink:type="arc" order="12"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_LocalPhoneNumber_431acb0a-f5cc-4ed9-872f-649bc74a838e" xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_LocalPhoneNumber"/>
    <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_dei_EntityInformationLineItems_270c1b3a-e514-4df2-ac43-117d767f23e9" xlink:to="loc_dei_LocalPhoneNumber_431acb0a-f5cc-4ed9-872f-649bc74a838e" xlink:type="arc" order="13"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_WrittenCommunications_8e849774-f147-4e71-b0d5-f06384cc65d4" xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_WrittenCommunications"/>
    <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_dei_EntityInformationLineItems_270c1b3a-e514-4df2-ac43-117d767f23e9" xlink:to="loc_dei_WrittenCommunications_8e849774-f147-4e71-b0d5-f06384cc65d4" xlink:type="arc" order="14"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_SolicitingMaterial_2b5d9c76-72e1-4ebe-abca-e57bc53759a3" xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_SolicitingMaterial"/>
    <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_dei_EntityInformationLineItems_270c1b3a-e514-4df2-ac43-117d767f23e9" xlink:to="loc_dei_SolicitingMaterial_2b5d9c76-72e1-4ebe-abca-e57bc53759a3" xlink:type="arc" order="15"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_PreCommencementTenderOffer_3914a0f5-2a3f-4e97-b5e8-0796a50918e1" xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_PreCommencementTenderOffer"/>
    <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_dei_EntityInformationLineItems_270c1b3a-e514-4df2-ac43-117d767f23e9" xlink:to="loc_dei_PreCommencementTenderOffer_3914a0f5-2a3f-4e97-b5e8-0796a50918e1" xlink:type="arc" order="16"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_PreCommencementIssuerTenderOffer_3bffb146-fdb0-48eb-8b89-5120832e38a5" xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_PreCommencementIssuerTenderOffer"/>
    <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_dei_EntityInformationLineItems_270c1b3a-e514-4df2-ac43-117d767f23e9" xlink:to="loc_dei_PreCommencementIssuerTenderOffer_3bffb146-fdb0-48eb-8b89-5120832e38a5" xlink:type="arc" order="17"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_Security12bTitle_55479752-82e1-4a72-a877-0397f944e882" xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_Security12bTitle"/>
    <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_dei_EntityInformationLineItems_270c1b3a-e514-4df2-ac43-117d767f23e9" xlink:to="loc_dei_Security12bTitle_55479752-82e1-4a72-a877-0397f944e882" xlink:type="arc" order="18"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_TradingSymbol_172c3440-a157-4a1e-bee4-ed31d127fe30" xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_TradingSymbol"/>
    <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_dei_EntityInformationLineItems_270c1b3a-e514-4df2-ac43-117d767f23e9" xlink:to="loc_dei_TradingSymbol_172c3440-a157-4a1e-bee4-ed31d127fe30" xlink:type="arc" order="19"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_SecurityExchangeName_bc944697-1fb7-4a0e-8c07-c469754f6e0e" xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_SecurityExchangeName"/>
    <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_dei_EntityInformationLineItems_270c1b3a-e514-4df2-ac43-117d767f23e9" xlink:to="loc_dei_SecurityExchangeName_bc944697-1fb7-4a0e-8c07-c469754f6e0e" xlink:type="arc" order="20"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_EntityEmergingGrowthCompany_b8ce6c83-89bf-4a42-9cb8-7085b26263df" xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_EntityEmergingGrowthCompany"/>
    <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_dei_EntityInformationLineItems_270c1b3a-e514-4df2-ac43-117d767f23e9" xlink:to="loc_dei_EntityEmergingGrowthCompany_b8ce6c83-89bf-4a42-9cb8-7085b26263df" xlink:type="arc" order="21"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_EntitiesTable_a17df1bb-9fbd-46f9-968d-dcc18d73f45e" xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_EntitiesTable"/>
    <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/all" xlink:from="loc_dei_EntityInformationLineItems_270c1b3a-e514-4df2-ac43-117d767f23e9" xlink:to="loc_dei_EntitiesTable_a17df1bb-9fbd-46f9-968d-dcc18d73f45e" xlink:type="arc" order="1" xbrldt:closed="true" xbrldt:contextElement="segment"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_EntityListingsExchangeAxis_6f5da6cb-fe40-4ce7-b5ac-86ef49a9e00c" xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_EntityListingsExchangeAxis"/>
    <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="loc_dei_EntitiesTable_a17df1bb-9fbd-46f9-968d-dcc18d73f45e" xlink:to="loc_dei_EntityListingsExchangeAxis_6f5da6cb-fe40-4ce7-b5ac-86ef49a9e00c" xlink:type="arc" order="1"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_ExchangeDomain_6f5da6cb-fe40-4ce7-b5ac-86ef49a9e00c_default" xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_ExchangeDomain"/>
    <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-default" xlink:from="loc_dei_EntityListingsExchangeAxis_6f5da6cb-fe40-4ce7-b5ac-86ef49a9e00c" xlink:to="loc_dei_ExchangeDomain_6f5da6cb-fe40-4ce7-b5ac-86ef49a9e00c_default" xlink:type="arc" order="1"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_ExchangeDomain_062932ec-9904-4cd5-b12c-9820522f5de2" xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_ExchangeDomain"/>
    <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="loc_dei_EntityListingsExchangeAxis_6f5da6cb-fe40-4ce7-b5ac-86ef49a9e00c" xlink:to="loc_dei_ExchangeDomain_062932ec-9904-4cd5-b12c-9820522f5de2" xlink:type="arc" order="1"/>
    <link:loc xlink:type="locator" xlink:label="loc_exch_XNYS_126aae9f-72b7-4ce5-ae5e-2357d15360ed" xlink:href="https://xbrl.sec.gov/exch/2022/exch-2022.xsd#exch_XNYS"/>
    <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_dei_ExchangeDomain_062932ec-9904-4cd5-b12c-9820522f5de2" xlink:to="loc_exch_XNYS_126aae9f-72b7-4ce5-ae5e-2357d15360ed" xlink:type="arc" order="0"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_StatementClassOfStockAxis_61f71aff-ccac-428c-9e27-6307f3a78269" xlink:href="https://xbrl.fasb.org/us-gaap/2022/elts/us-gaap-2022.xsd#us-gaap_StatementClassOfStockAxis"/>
    <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="loc_dei_EntitiesTable_a17df1bb-9fbd-46f9-968d-dcc18d73f45e" xlink:to="loc_us-gaap_StatementClassOfStockAxis_61f71aff-ccac-428c-9e27-6307f3a78269" xlink:type="arc" order="2"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_ClassOfStockDomain_61f71aff-ccac-428c-9e27-6307f3a78269_default" xlink:href="https://xbrl.fasb.org/us-gaap/2022/elts/us-gaap-2022.xsd#us-gaap_ClassOfStockDomain"/>
    <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-default" xlink:from="loc_us-gaap_StatementClassOfStockAxis_61f71aff-ccac-428c-9e27-6307f3a78269" xlink:to="loc_us-gaap_ClassOfStockDomain_61f71aff-ccac-428c-9e27-6307f3a78269_default" xlink:type="arc" order="1"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_ClassOfStockDomain_8c2ceb8b-14cb-405b-a494-54a406e822c4" xlink:href="https://xbrl.fasb.org/us-gaap/2022/elts/us-gaap-2022.xsd#us-gaap_ClassOfStockDomain"/>
    <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="loc_us-gaap_StatementClassOfStockAxis_61f71aff-ccac-428c-9e27-6307f3a78269" xlink:to="loc_us-gaap_ClassOfStockDomain_8c2ceb8b-14cb-405b-a494-54a406e822c4" xlink:type="arc" order="1"/>
    <link:loc xlink:type="locator" xlink:label="loc_l_CommonStock001ParValueMember_ef43edee-d26c-4e0e-b183-6cb6bb464fcb" xlink:href="l-20230206.xsd#l_CommonStock001ParValueMember"/>
    <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_us-gaap_ClassOfStockDomain_8c2ceb8b-14cb-405b-a494-54a406e822c4" xlink:to="loc_l_CommonStock001ParValueMember_ef43edee-d26c-4e0e-b183-6cb6bb464fcb" xlink:type="arc" order="0"/>
  </link:definitionLink>
</link:linkbase>
</XBRL>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-101.LAB
<SEQUENCE>6
<FILENAME>l-20230206_lab.xml
<DESCRIPTION>XBRL TAXONOMY EXTENSION LABEL LINKBASE DOCUMENT
<TEXT>
<XBRL>
<?xml version="1.0" encoding="UTF-8"?>

<!--XBRL Document Created with Wdesk from Workiva-->
<!--Copyright 2023 Workiva-->
<!--r:3bc4c168-cae6-4a50-bc83-5d1dd96a3a2e,g:40983e6a-920e-4349-830e-a45d2b591990-->
<link:linkbase xmlns:link="http://www.xbrl.org/2003/linkbase" xmlns:xlink="http://www.w3.org/1999/xlink" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance" xsi:schemaLocation="http://www.xbrl.org/2003/linkbase http://www.xbrl.org/2003/xbrl-linkbase-2003-12-31.xsd">
  <link:roleRef roleURI="http://www.xbrl.org/2009/role/negatedPeriodStartLabel" xlink:type="simple" xlink:href="http://www.xbrl.org/lrr/role/negated-2009-12-16.xsd#negatedPeriodStartLabel"/>
  <link:roleRef roleURI="http://www.xbrl.org/2009/role/netLabel" xlink:type="simple" xlink:href="http://www.xbrl.org/lrr/role/net-2009-12-16.xsd#netLabel"/>
  <link:roleRef roleURI="http://www.xbrl.org/2009/role/negatedNetLabel" xlink:type="simple" xlink:href="http://www.xbrl.org/lrr/role/negated-2009-12-16.xsd#negatedNetLabel"/>
  <link:roleRef roleURI="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="simple" xlink:href="http://www.xbrl.org/lrr/role/negated-2009-12-16.xsd#negatedTerseLabel"/>
  <link:roleRef roleURI="http://www.xbrl.org/2009/role/negatedPeriodEndLabel" xlink:type="simple" xlink:href="http://www.xbrl.org/lrr/role/negated-2009-12-16.xsd#negatedPeriodEndLabel"/>
  <link:roleRef roleURI="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="simple" xlink:href="http://www.xbrl.org/lrr/role/negated-2009-12-16.xsd#negatedLabel"/>
  <link:roleRef roleURI="http://www.xbrl.org/2009/role/negatedTotalLabel" xlink:type="simple" xlink:href="http://www.xbrl.org/lrr/role/negated-2009-12-16.xsd#negatedTotalLabel"/>
  <link:labelLink xlink:role="http://www.xbrl.org/2003/role/link" xlink:type="extended">
    <link:label id="lab_l_CommonStock001ParValueMember_4465399b-db82-4845-91fe-bc044c831911_terseLabel_en-US" xlink:label="lab_l_CommonStock001ParValueMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US">Common Stock, $0.01 Par Value</link:label>
    <link:label id="lab_l_CommonStock001ParValueMember_label_en-US" xlink:label="lab_l_CommonStock001ParValueMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US">Common Stock, $0.01 Par Value [Member]</link:label>
    <link:label id="lab_l_CommonStock001ParValueMember_documentation_en-US" xlink:label="lab_l_CommonStock001ParValueMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US">Common Stock, $0.01 Par Value</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_l_CommonStock001ParValueMember" xlink:href="l-20230206.xsd#l_CommonStock001ParValueMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_l_CommonStock001ParValueMember" xlink:to="lab_l_CommonStock001ParValueMember" xlink:type="arc" order="1"/>
    <link:label id="lab_dei_EntityCentralIndexKey_d634a88e-26eb-466e-b416-25996ff1c224_terseLabel_en-US" xlink:label="lab_dei_EntityCentralIndexKey" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US">Entity Central Index Key</link:label>
    <link:label id="lab_dei_EntityCentralIndexKey_label_en-US" xlink:label="lab_dei_EntityCentralIndexKey" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US">Entity Central Index Key</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_dei_EntityCentralIndexKey" xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_EntityCentralIndexKey"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_EntityCentralIndexKey" xlink:to="lab_dei_EntityCentralIndexKey" xlink:type="arc" order="1"/>
    <link:label id="lab_dei_EntityAddressAddressLine1_1ad3b01a-ab68-4b51-8d4b-bf0b861db9e7_terseLabel_en-US" xlink:label="lab_dei_EntityAddressAddressLine1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US">Entity Address, Address Line One</link:label>
    <link:label id="lab_dei_EntityAddressAddressLine1_label_en-US" xlink:label="lab_dei_EntityAddressAddressLine1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US">Entity Address, Address Line One</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_dei_EntityAddressAddressLine1" xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_EntityAddressAddressLine1"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_EntityAddressAddressLine1" xlink:to="lab_dei_EntityAddressAddressLine1" xlink:type="arc" order="1"/>
    <link:label id="lab_dei_TradingSymbol_4601b9ab-4106-4ff5-9638-ca0f7a37251f_terseLabel_en-US" xlink:label="lab_dei_TradingSymbol" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US">Trading Symbol</link:label>
    <link:label id="lab_dei_TradingSymbol_label_en-US" xlink:label="lab_dei_TradingSymbol" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US">Trading Symbol</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_dei_TradingSymbol" xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_TradingSymbol"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_TradingSymbol" xlink:to="lab_dei_TradingSymbol" xlink:type="arc" order="1"/>
    <link:label id="lab_dei_EntityFileNumber_5047ce10-95bf-40e0-9dfc-33f5330209f6_terseLabel_en-US" xlink:label="lab_dei_EntityFileNumber" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US">Entity File Number</link:label>
    <link:label id="lab_dei_EntityFileNumber_label_en-US" xlink:label="lab_dei_EntityFileNumber" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US">Entity File Number</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_dei_EntityFileNumber" xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_EntityFileNumber"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_EntityFileNumber" xlink:to="lab_dei_EntityFileNumber" xlink:type="arc" order="1"/>
    <link:label id="lab_dei_SolicitingMaterial_432006fd-7f6d-4f80-a80e-849314f124e1_terseLabel_en-US" xlink:label="lab_dei_SolicitingMaterial" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US">Soliciting Material</link:label>
    <link:label id="lab_dei_SolicitingMaterial_label_en-US" xlink:label="lab_dei_SolicitingMaterial" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US">Soliciting Material</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_dei_SolicitingMaterial" xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_SolicitingMaterial"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_SolicitingMaterial" xlink:to="lab_dei_SolicitingMaterial" xlink:type="arc" order="1"/>
    <link:label id="lab_dei_EntityIncorporationStateCountryCode_63240d65-24a1-4e32-80e4-138a4ec40a40_terseLabel_en-US" xlink:label="lab_dei_EntityIncorporationStateCountryCode" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US">Entity Incorporation, State or Country Code</link:label>
    <link:label id="lab_dei_EntityIncorporationStateCountryCode_label_en-US" xlink:label="lab_dei_EntityIncorporationStateCountryCode" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US">Entity Incorporation, State or Country Code</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_dei_EntityIncorporationStateCountryCode" xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_EntityIncorporationStateCountryCode"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_EntityIncorporationStateCountryCode" xlink:to="lab_dei_EntityIncorporationStateCountryCode" xlink:type="arc" order="1"/>
    <link:label id="lab_dei_EntityAddressPostalZipCode_30d16a01-b82a-4786-be4c-4ccf1e5a1148_terseLabel_en-US" xlink:label="lab_dei_EntityAddressPostalZipCode" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US">Entity Address, Postal Zip Code</link:label>
    <link:label id="lab_dei_EntityAddressPostalZipCode_label_en-US" xlink:label="lab_dei_EntityAddressPostalZipCode" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US">Entity Address, Postal Zip Code</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_dei_EntityAddressPostalZipCode" xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_EntityAddressPostalZipCode"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_EntityAddressPostalZipCode" xlink:to="lab_dei_EntityAddressPostalZipCode" xlink:type="arc" order="1"/>
    <link:label id="lab_us-gaap_ClassOfStockDomain_cca8218b-ec30-4d72-9bf2-95b9c0c68c13_terseLabel_en-US" xlink:label="lab_us-gaap_ClassOfStockDomain" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US">Class of Stock [Domain]</link:label>
    <link:label id="lab_us-gaap_ClassOfStockDomain_label_en-US" xlink:label="lab_us-gaap_ClassOfStockDomain" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US">Class of Stock [Domain]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_ClassOfStockDomain" xlink:href="https://xbrl.fasb.org/us-gaap/2022/elts/us-gaap-2022.xsd#us-gaap_ClassOfStockDomain"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ClassOfStockDomain" xlink:to="lab_us-gaap_ClassOfStockDomain" xlink:type="arc" order="1"/>
    <link:label id="lab_dei_CityAreaCode_17a27f48-1ee1-4c4b-a1a5-c6e60a92cf9e_terseLabel_en-US" xlink:label="lab_dei_CityAreaCode" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US">City Area Code</link:label>
    <link:label id="lab_dei_CityAreaCode_label_en-US" xlink:label="lab_dei_CityAreaCode" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US">City Area Code</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_dei_CityAreaCode" xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_CityAreaCode"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_CityAreaCode" xlink:to="lab_dei_CityAreaCode" xlink:type="arc" order="1"/>
    <link:label id="lab_dei_EntitiesTable_a07c374d-5fb0-4226-b845-09c83d4f8b73_terseLabel_en-US" xlink:label="lab_dei_EntitiesTable" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US">Entities [Table]</link:label>
    <link:label id="lab_dei_EntitiesTable_label_en-US" xlink:label="lab_dei_EntitiesTable" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US">Entities [Table]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_dei_EntitiesTable" xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_EntitiesTable"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_EntitiesTable" xlink:to="lab_dei_EntitiesTable" xlink:type="arc" order="1"/>
    <link:label id="lab_dei_Security12bTitle_348fa70f-cac3-428a-81a3-dcd901785d43_terseLabel_en-US" xlink:label="lab_dei_Security12bTitle" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US">Title of 12(b) Security</link:label>
    <link:label id="lab_dei_Security12bTitle_label_en-US" xlink:label="lab_dei_Security12bTitle" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US">Title of 12(b) Security</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_dei_Security12bTitle" xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_Security12bTitle"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_Security12bTitle" xlink:to="lab_dei_Security12bTitle" xlink:type="arc" order="1"/>
    <link:label id="lab_dei_ExchangeDomain_a7bb8822-481f-4e4f-8b53-73e6a25c8b7e_terseLabel_en-US" xlink:label="lab_dei_ExchangeDomain" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US">Exchange [Domain]</link:label>
    <link:label id="lab_dei_ExchangeDomain_label_en-US" xlink:label="lab_dei_ExchangeDomain" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US">Exchange [Domain]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_dei_ExchangeDomain" xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_ExchangeDomain"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_ExchangeDomain" xlink:to="lab_dei_ExchangeDomain" xlink:type="arc" order="1"/>
    <link:label id="lab_dei_AmendmentFlag_6962b10a-03a6-4904-886e-ef46f495c219_terseLabel_en-US" xlink:label="lab_dei_AmendmentFlag" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US">Amendment Flag</link:label>
    <link:label id="lab_dei_AmendmentFlag_label_en-US" xlink:label="lab_dei_AmendmentFlag" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US">Amendment Flag</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_dei_AmendmentFlag" xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_AmendmentFlag"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_AmendmentFlag" xlink:to="lab_dei_AmendmentFlag" xlink:type="arc" order="1"/>
    <link:label id="lab_dei_EntityInformationLineItems_557450c3-3ce9-48f1-a053-f57a3a26f3ab_terseLabel_en-US" xlink:label="lab_dei_EntityInformationLineItems" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US">Entity Information [Line Items]</link:label>
    <link:label id="lab_dei_EntityInformationLineItems_label_en-US" xlink:label="lab_dei_EntityInformationLineItems" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US">Entity Information [Line Items]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_dei_EntityInformationLineItems" xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_EntityInformationLineItems"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_EntityInformationLineItems" xlink:to="lab_dei_EntityInformationLineItems" xlink:type="arc" order="1"/>
    <link:label id="lab_dei_SecurityExchangeName_6d55886a-65a4-4967-b57b-72e781597730_terseLabel_en-US" xlink:label="lab_dei_SecurityExchangeName" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US">Security Exchange Name</link:label>
    <link:label id="lab_dei_SecurityExchangeName_label_en-US" xlink:label="lab_dei_SecurityExchangeName" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US">Security Exchange Name</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_dei_SecurityExchangeName" xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_SecurityExchangeName"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_SecurityExchangeName" xlink:to="lab_dei_SecurityExchangeName" xlink:type="arc" order="1"/>
    <link:label id="lab_dei_EntityRegistrantName_cdaddd3d-d1d3-4db4-9806-ed3e0e3c180d_terseLabel_en-US" xlink:label="lab_dei_EntityRegistrantName" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US">Entity Registrant Name</link:label>
    <link:label id="lab_dei_EntityRegistrantName_label_en-US" xlink:label="lab_dei_EntityRegistrantName" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US">Entity Registrant Name</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_dei_EntityRegistrantName" xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_EntityRegistrantName"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_EntityRegistrantName" xlink:to="lab_dei_EntityRegistrantName" xlink:type="arc" order="1"/>
    <link:label id="lab_dei_DocumentPeriodEndDate_ab1c5f9f-35bf-49d3-8814-235025897674_terseLabel_en-US" xlink:label="lab_dei_DocumentPeriodEndDate" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US">Document Period End Date</link:label>
    <link:label id="lab_dei_DocumentPeriodEndDate_label_en-US" xlink:label="lab_dei_DocumentPeriodEndDate" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US">Document Period End Date</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_dei_DocumentPeriodEndDate" xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_DocumentPeriodEndDate"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_DocumentPeriodEndDate" xlink:to="lab_dei_DocumentPeriodEndDate" xlink:type="arc" order="1"/>
    <link:label id="lab_dei_EntityListingsExchangeAxis_c0d9912c-7b20-421d-bfab-f448d6fcd131_terseLabel_en-US" xlink:label="lab_dei_EntityListingsExchangeAxis" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US">Entity Listings, Exchange [Axis]</link:label>
    <link:label id="lab_dei_EntityListingsExchangeAxis_label_en-US" xlink:label="lab_dei_EntityListingsExchangeAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US">Entity Listings, Exchange [Axis]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_dei_EntityListingsExchangeAxis" xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_EntityListingsExchangeAxis"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_EntityListingsExchangeAxis" xlink:to="lab_dei_EntityListingsExchangeAxis" xlink:type="arc" order="1"/>
    <link:label id="lab_dei_EntityTaxIdentificationNumber_f4d517ee-f7ce-454d-8033-39eaddb78924_terseLabel_en-US" xlink:label="lab_dei_EntityTaxIdentificationNumber" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US">Entity Tax Identification Number</link:label>
    <link:label id="lab_dei_EntityTaxIdentificationNumber_label_en-US" xlink:label="lab_dei_EntityTaxIdentificationNumber" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US">Entity Tax Identification Number</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_dei_EntityTaxIdentificationNumber" xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_EntityTaxIdentificationNumber"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_EntityTaxIdentificationNumber" xlink:to="lab_dei_EntityTaxIdentificationNumber" xlink:type="arc" order="1"/>
    <link:label id="lab_dei_PreCommencementIssuerTenderOffer_c59d2447-4c7c-4217-b9c9-dab4348081a2_terseLabel_en-US" xlink:label="lab_dei_PreCommencementIssuerTenderOffer" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US">Pre-commencement Issuer Tender Offer</link:label>
    <link:label id="lab_dei_PreCommencementIssuerTenderOffer_label_en-US" xlink:label="lab_dei_PreCommencementIssuerTenderOffer" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US">Pre-commencement Issuer Tender Offer</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_dei_PreCommencementIssuerTenderOffer" xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_PreCommencementIssuerTenderOffer"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_PreCommencementIssuerTenderOffer" xlink:to="lab_dei_PreCommencementIssuerTenderOffer" xlink:type="arc" order="1"/>
    <link:label id="lab_dei_EntityAddressCityOrTown_4091a580-4fa1-4637-a31c-e34e9fc71604_terseLabel_en-US" xlink:label="lab_dei_EntityAddressCityOrTown" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US">Entity Address, City or Town</link:label>
    <link:label id="lab_dei_EntityAddressCityOrTown_label_en-US" xlink:label="lab_dei_EntityAddressCityOrTown" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US">Entity Address, City or Town</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_dei_EntityAddressCityOrTown" xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_EntityAddressCityOrTown"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_EntityAddressCityOrTown" xlink:to="lab_dei_EntityAddressCityOrTown" xlink:type="arc" order="1"/>
    <link:label id="lab_us-gaap_StatementClassOfStockAxis_7836d870-cbf7-48dd-83fc-255e1951e478_terseLabel_en-US" xlink:label="lab_us-gaap_StatementClassOfStockAxis" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US">Class of Stock [Axis]</link:label>
    <link:label id="lab_us-gaap_StatementClassOfStockAxis_label_en-US" xlink:label="lab_us-gaap_StatementClassOfStockAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US">Class of Stock [Axis]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_StatementClassOfStockAxis" xlink:href="https://xbrl.fasb.org/us-gaap/2022/elts/us-gaap-2022.xsd#us-gaap_StatementClassOfStockAxis"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_StatementClassOfStockAxis" xlink:to="lab_us-gaap_StatementClassOfStockAxis" xlink:type="arc" order="1"/>
    <link:label id="lab_dei_LocalPhoneNumber_c75752c6-c0d2-4b4e-a58f-0ff147c2d4e9_terseLabel_en-US" xlink:label="lab_dei_LocalPhoneNumber" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US">Local Phone Number</link:label>
    <link:label id="lab_dei_LocalPhoneNumber_label_en-US" xlink:label="lab_dei_LocalPhoneNumber" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US">Local Phone Number</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_dei_LocalPhoneNumber" xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_LocalPhoneNumber"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_LocalPhoneNumber" xlink:to="lab_dei_LocalPhoneNumber" xlink:type="arc" order="1"/>
    <link:label id="lab_dei_WrittenCommunications_945a4739-90c6-4f78-adc6-29ea32b39f19_terseLabel_en-US" xlink:label="lab_dei_WrittenCommunications" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US">Written Communications</link:label>
    <link:label id="lab_dei_WrittenCommunications_label_en-US" xlink:label="lab_dei_WrittenCommunications" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US">Written Communications</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_dei_WrittenCommunications" xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_WrittenCommunications"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_WrittenCommunications" xlink:to="lab_dei_WrittenCommunications" xlink:type="arc" order="1"/>
    <link:label id="lab_dei_CoverAbstract_label_en-US" xlink:label="lab_dei_CoverAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US">Cover [Abstract]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_dei_CoverAbstract" xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_CoverAbstract"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_CoverAbstract" xlink:to="lab_dei_CoverAbstract" xlink:type="arc" order="1"/>
    <link:label id="lab_exch_XNYS_2650533b-4d1b-4fa0-bc3a-a718ca47ee89_terseLabel_en-US" xlink:label="lab_exch_XNYS" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US">NEW YORK STOCK EXCHANGE, INC.</link:label>
    <link:label id="lab_exch_XNYS_label_en-US" xlink:label="lab_exch_XNYS" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US">NEW YORK STOCK EXCHANGE, INC. [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_exch_XNYS" xlink:href="https://xbrl.sec.gov/exch/2022/exch-2022.xsd#exch_XNYS"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_exch_XNYS" xlink:to="lab_exch_XNYS" xlink:type="arc" order="1"/>
    <link:label id="lab_dei_DocumentType_33f4436c-af1a-4d8b-8a44-fc8483acb94f_terseLabel_en-US" xlink:label="lab_dei_DocumentType" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US">Document Type</link:label>
    <link:label id="lab_dei_DocumentType_label_en-US" xlink:label="lab_dei_DocumentType" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US">Document Type</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_dei_DocumentType" xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_DocumentType"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_DocumentType" xlink:to="lab_dei_DocumentType" xlink:type="arc" order="1"/>
    <link:label id="lab_dei_EntityEmergingGrowthCompany_93d5ab3f-f304-4c7d-a35d-a809d78074ef_terseLabel_en-US" xlink:label="lab_dei_EntityEmergingGrowthCompany" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US">Entity Emerging Growth Company</link:label>
    <link:label id="lab_dei_EntityEmergingGrowthCompany_label_en-US" xlink:label="lab_dei_EntityEmergingGrowthCompany" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US">Entity Emerging Growth Company</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_dei_EntityEmergingGrowthCompany" xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_EntityEmergingGrowthCompany"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_EntityEmergingGrowthCompany" xlink:to="lab_dei_EntityEmergingGrowthCompany" xlink:type="arc" order="1"/>
    <link:label id="lab_dei_EntityAddressStateOrProvince_e5c8b3a3-25d6-4715-bc25-6ecba080211b_terseLabel_en-US" xlink:label="lab_dei_EntityAddressStateOrProvince" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US">Entity Address, State or Province</link:label>
    <link:label id="lab_dei_EntityAddressStateOrProvince_label_en-US" xlink:label="lab_dei_EntityAddressStateOrProvince" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US">Entity Address, State or Province</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_dei_EntityAddressStateOrProvince" xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_EntityAddressStateOrProvince"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_EntityAddressStateOrProvince" xlink:to="lab_dei_EntityAddressStateOrProvince" xlink:type="arc" order="1"/>
    <link:label id="lab_dei_PreCommencementTenderOffer_c4939fa1-d2a0-41b3-a846-60f7a7819ef2_terseLabel_en-US" xlink:label="lab_dei_PreCommencementTenderOffer" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US">Pre-commencement Tender Offer</link:label>
    <link:label id="lab_dei_PreCommencementTenderOffer_label_en-US" xlink:label="lab_dei_PreCommencementTenderOffer" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US">Pre-commencement Tender Offer</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_dei_PreCommencementTenderOffer" xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_PreCommencementTenderOffer"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_PreCommencementTenderOffer" xlink:to="lab_dei_PreCommencementTenderOffer" xlink:type="arc" order="1"/>
  </link:labelLink>
</link:linkbase>
</XBRL>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-101.PRE
<SEQUENCE>7
<FILENAME>l-20230206_pre.xml
<DESCRIPTION>XBRL TAXONOMY EXTENSION PRESENTATION LINKBASE DOCUMENT
<TEXT>
<XBRL>
<?xml version="1.0" encoding="UTF-8"?>

<!--XBRL Document Created with Wdesk from Workiva-->
<!--Copyright 2023 Workiva-->
<!--r:3bc4c168-cae6-4a50-bc83-5d1dd96a3a2e,g:40983e6a-920e-4349-830e-a45d2b591990-->
<link:linkbase xmlns:link="http://www.xbrl.org/2003/linkbase" xmlns:xlink="http://www.w3.org/1999/xlink" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance" xsi:schemaLocation="http://www.xbrl.org/2003/linkbase http://www.xbrl.org/2003/xbrl-linkbase-2003-12-31.xsd">
  <link:roleRef roleURI="http://loews.com/role/Cover" xlink:type="simple" xlink:href="l-20230206.xsd#Cover"/>
  <link:presentationLink xlink:role="http://loews.com/role/Cover" xlink:type="extended">
    <link:loc xlink:type="locator" xlink:label="loc_dei_CoverAbstract_73f1c9a4-54f4-45ea-856a-22d471ce1f33" xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_CoverAbstract"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_EntitiesTable_a17df1bb-9fbd-46f9-968d-dcc18d73f45e" xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_EntitiesTable"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_CoverAbstract_73f1c9a4-54f4-45ea-856a-22d471ce1f33" xlink:to="loc_dei_EntitiesTable_a17df1bb-9fbd-46f9-968d-dcc18d73f45e" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_EntityListingsExchangeAxis_6f5da6cb-fe40-4ce7-b5ac-86ef49a9e00c" xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_EntityListingsExchangeAxis"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_EntitiesTable_a17df1bb-9fbd-46f9-968d-dcc18d73f45e" xlink:to="loc_dei_EntityListingsExchangeAxis_6f5da6cb-fe40-4ce7-b5ac-86ef49a9e00c" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_ExchangeDomain_062932ec-9904-4cd5-b12c-9820522f5de2" xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_ExchangeDomain"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_EntityListingsExchangeAxis_6f5da6cb-fe40-4ce7-b5ac-86ef49a9e00c" xlink:to="loc_dei_ExchangeDomain_062932ec-9904-4cd5-b12c-9820522f5de2" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_exch_XNYS_126aae9f-72b7-4ce5-ae5e-2357d15360ed" xlink:href="https://xbrl.sec.gov/exch/2022/exch-2022.xsd#exch_XNYS"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_ExchangeDomain_062932ec-9904-4cd5-b12c-9820522f5de2" xlink:to="loc_exch_XNYS_126aae9f-72b7-4ce5-ae5e-2357d15360ed" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_StatementClassOfStockAxis_61f71aff-ccac-428c-9e27-6307f3a78269" xlink:href="https://xbrl.fasb.org/us-gaap/2022/elts/us-gaap-2022.xsd#us-gaap_StatementClassOfStockAxis"/>
    <link:presentationArc order="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_EntitiesTable_a17df1bb-9fbd-46f9-968d-dcc18d73f45e" xlink:to="loc_us-gaap_StatementClassOfStockAxis_61f71aff-ccac-428c-9e27-6307f3a78269" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_ClassOfStockDomain_8c2ceb8b-14cb-405b-a494-54a406e822c4" xlink:href="https://xbrl.fasb.org/us-gaap/2022/elts/us-gaap-2022.xsd#us-gaap_ClassOfStockDomain"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_StatementClassOfStockAxis_61f71aff-ccac-428c-9e27-6307f3a78269" xlink:to="loc_us-gaap_ClassOfStockDomain_8c2ceb8b-14cb-405b-a494-54a406e822c4" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_l_CommonStock001ParValueMember_ef43edee-d26c-4e0e-b183-6cb6bb464fcb" xlink:href="l-20230206.xsd#l_CommonStock001ParValueMember"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_ClassOfStockDomain_8c2ceb8b-14cb-405b-a494-54a406e822c4" xlink:to="loc_l_CommonStock001ParValueMember_ef43edee-d26c-4e0e-b183-6cb6bb464fcb" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_EntityInformationLineItems_270c1b3a-e514-4df2-ac43-117d767f23e9" xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_EntityInformationLineItems"/>
    <link:presentationArc order="3" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_EntitiesTable_a17df1bb-9fbd-46f9-968d-dcc18d73f45e" xlink:to="loc_dei_EntityInformationLineItems_270c1b3a-e514-4df2-ac43-117d767f23e9" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_DocumentType_fdb2959c-f6cc-4e5b-b303-db35b3e44fcc" xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_DocumentType"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_EntityInformationLineItems_270c1b3a-e514-4df2-ac43-117d767f23e9" xlink:to="loc_dei_DocumentType_fdb2959c-f6cc-4e5b-b303-db35b3e44fcc" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_DocumentPeriodEndDate_dcd09a57-edc1-4c00-9f97-fad5b2ac9b29" xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_DocumentPeriodEndDate"/>
    <link:presentationArc order="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_EntityInformationLineItems_270c1b3a-e514-4df2-ac43-117d767f23e9" xlink:to="loc_dei_DocumentPeriodEndDate_dcd09a57-edc1-4c00-9f97-fad5b2ac9b29" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_EntityRegistrantName_c427d830-76b6-407b-b3b3-382d072fce98" xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_EntityRegistrantName"/>
    <link:presentationArc order="3" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_EntityInformationLineItems_270c1b3a-e514-4df2-ac43-117d767f23e9" xlink:to="loc_dei_EntityRegistrantName_c427d830-76b6-407b-b3b3-382d072fce98" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_EntityCentralIndexKey_509895cc-11ca-4492-89fb-fdfd613dd3c2" xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_EntityCentralIndexKey"/>
    <link:presentationArc order="4" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_EntityInformationLineItems_270c1b3a-e514-4df2-ac43-117d767f23e9" xlink:to="loc_dei_EntityCentralIndexKey_509895cc-11ca-4492-89fb-fdfd613dd3c2" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_AmendmentFlag_ab8911f8-6d98-4bb1-bd7b-f9a3e006b941" xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_AmendmentFlag"/>
    <link:presentationArc order="5" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_EntityInformationLineItems_270c1b3a-e514-4df2-ac43-117d767f23e9" xlink:to="loc_dei_AmendmentFlag_ab8911f8-6d98-4bb1-bd7b-f9a3e006b941" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_EntityIncorporationStateCountryCode_f83a9713-3c82-4a90-b430-ba8fc80c9a2a" xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_EntityIncorporationStateCountryCode"/>
    <link:presentationArc order="6" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_EntityInformationLineItems_270c1b3a-e514-4df2-ac43-117d767f23e9" xlink:to="loc_dei_EntityIncorporationStateCountryCode_f83a9713-3c82-4a90-b430-ba8fc80c9a2a" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_EntityFileNumber_114b2129-e885-43b6-8e4e-fe163bf510db" xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_EntityFileNumber"/>
    <link:presentationArc order="7" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_EntityInformationLineItems_270c1b3a-e514-4df2-ac43-117d767f23e9" xlink:to="loc_dei_EntityFileNumber_114b2129-e885-43b6-8e4e-fe163bf510db" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_EntityTaxIdentificationNumber_c866dfb1-c48d-4832-a86c-bf09c762fe19" xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_EntityTaxIdentificationNumber"/>
    <link:presentationArc order="8" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_EntityInformationLineItems_270c1b3a-e514-4df2-ac43-117d767f23e9" xlink:to="loc_dei_EntityTaxIdentificationNumber_c866dfb1-c48d-4832-a86c-bf09c762fe19" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_EntityAddressAddressLine1_61879dbe-212c-412e-95f9-92f89393ae58" xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_EntityAddressAddressLine1"/>
    <link:presentationArc order="9" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_EntityInformationLineItems_270c1b3a-e514-4df2-ac43-117d767f23e9" xlink:to="loc_dei_EntityAddressAddressLine1_61879dbe-212c-412e-95f9-92f89393ae58" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_EntityAddressCityOrTown_cb3914a7-021f-4c54-be01-fcd3334f6e0a" xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_EntityAddressCityOrTown"/>
    <link:presentationArc order="10" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_EntityInformationLineItems_270c1b3a-e514-4df2-ac43-117d767f23e9" xlink:to="loc_dei_EntityAddressCityOrTown_cb3914a7-021f-4c54-be01-fcd3334f6e0a" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_EntityAddressStateOrProvince_4cfae55d-749e-4957-bd0f-557930957bb4" xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_EntityAddressStateOrProvince"/>
    <link:presentationArc order="11" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_EntityInformationLineItems_270c1b3a-e514-4df2-ac43-117d767f23e9" xlink:to="loc_dei_EntityAddressStateOrProvince_4cfae55d-749e-4957-bd0f-557930957bb4" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_EntityAddressPostalZipCode_f4a262bc-948e-4af3-b926-d692af993bf6" xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_EntityAddressPostalZipCode"/>
    <link:presentationArc order="12" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_EntityInformationLineItems_270c1b3a-e514-4df2-ac43-117d767f23e9" xlink:to="loc_dei_EntityAddressPostalZipCode_f4a262bc-948e-4af3-b926-d692af993bf6" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_CityAreaCode_299227e8-cab9-4390-9ccc-caf51aa87e29" xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_CityAreaCode"/>
    <link:presentationArc order="13" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_EntityInformationLineItems_270c1b3a-e514-4df2-ac43-117d767f23e9" xlink:to="loc_dei_CityAreaCode_299227e8-cab9-4390-9ccc-caf51aa87e29" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_LocalPhoneNumber_431acb0a-f5cc-4ed9-872f-649bc74a838e" xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_LocalPhoneNumber"/>
    <link:presentationArc order="14" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_EntityInformationLineItems_270c1b3a-e514-4df2-ac43-117d767f23e9" xlink:to="loc_dei_LocalPhoneNumber_431acb0a-f5cc-4ed9-872f-649bc74a838e" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_WrittenCommunications_8e849774-f147-4e71-b0d5-f06384cc65d4" xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_WrittenCommunications"/>
    <link:presentationArc order="15" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_EntityInformationLineItems_270c1b3a-e514-4df2-ac43-117d767f23e9" xlink:to="loc_dei_WrittenCommunications_8e849774-f147-4e71-b0d5-f06384cc65d4" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_SolicitingMaterial_2b5d9c76-72e1-4ebe-abca-e57bc53759a3" xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_SolicitingMaterial"/>
    <link:presentationArc order="16" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_EntityInformationLineItems_270c1b3a-e514-4df2-ac43-117d767f23e9" xlink:to="loc_dei_SolicitingMaterial_2b5d9c76-72e1-4ebe-abca-e57bc53759a3" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_PreCommencementTenderOffer_3914a0f5-2a3f-4e97-b5e8-0796a50918e1" xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_PreCommencementTenderOffer"/>
    <link:presentationArc order="17" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_EntityInformationLineItems_270c1b3a-e514-4df2-ac43-117d767f23e9" xlink:to="loc_dei_PreCommencementTenderOffer_3914a0f5-2a3f-4e97-b5e8-0796a50918e1" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_PreCommencementIssuerTenderOffer_3bffb146-fdb0-48eb-8b89-5120832e38a5" xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_PreCommencementIssuerTenderOffer"/>
    <link:presentationArc order="18" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_EntityInformationLineItems_270c1b3a-e514-4df2-ac43-117d767f23e9" xlink:to="loc_dei_PreCommencementIssuerTenderOffer_3bffb146-fdb0-48eb-8b89-5120832e38a5" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_Security12bTitle_55479752-82e1-4a72-a877-0397f944e882" xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_Security12bTitle"/>
    <link:presentationArc order="19" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_EntityInformationLineItems_270c1b3a-e514-4df2-ac43-117d767f23e9" xlink:to="loc_dei_Security12bTitle_55479752-82e1-4a72-a877-0397f944e882" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_TradingSymbol_172c3440-a157-4a1e-bee4-ed31d127fe30" xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_TradingSymbol"/>
    <link:presentationArc order="20" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_EntityInformationLineItems_270c1b3a-e514-4df2-ac43-117d767f23e9" xlink:to="loc_dei_TradingSymbol_172c3440-a157-4a1e-bee4-ed31d127fe30" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_SecurityExchangeName_bc944697-1fb7-4a0e-8c07-c469754f6e0e" xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_SecurityExchangeName"/>
    <link:presentationArc order="21" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_EntityInformationLineItems_270c1b3a-e514-4df2-ac43-117d767f23e9" xlink:to="loc_dei_SecurityExchangeName_bc944697-1fb7-4a0e-8c07-c469754f6e0e" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_EntityEmergingGrowthCompany_b8ce6c83-89bf-4a42-9cb8-7085b26263df" xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_EntityEmergingGrowthCompany"/>
    <link:presentationArc order="22" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_EntityInformationLineItems_270c1b3a-e514-4df2-ac43-117d767f23e9" xlink:to="loc_dei_EntityEmergingGrowthCompany_b8ce6c83-89bf-4a42-9cb8-7085b26263df" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
  </link:presentationLink>
</link:linkbase>
</XBRL>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>8
<FILENAME>image_0.jpg
<TEXT>
begin 644 image_0.jpg
M_]C_X  02D9)1@ ! @$!] 'T  #_VP!#  (! 0$! 0(! 0$" @(" @0# @("
M @4$! ,$!@4&!@8%!@8&!PD(!@<)!P8&" L("0H*"@H*!@@+# L*# D*"@K_
MVP!# 0(" @(" @4# P4*!P8'"@H*"@H*"@H*"@H*"@H*"@H*"@H*"@H*"@H*
M"@H*"@H*"@H*"@H*"@H*"@H*"@H*"@K_P  1" +D N0# 2(  A$! Q$!_\0
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M %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444 (6 XH!!Z4C
MYSBE3('(H 6BBBAH JMJI_XE]Q@](&_D:LU6U7_CPN/^N#?^@FM*:U(GL?DQ
M_P %;;W7(O"VI&QU*6(_/@J?:OR[_9#U/QM+XZM//\0W3C^TQD%_^FE?J/\
M\%:#_P 4MJ0_WZ_,/]D+_D>;7_L)C_T97Z+E5&+P;;/"Q%9JK8_I"_8>>XD^
M >D-<R%VYR6Z_=6O9F7)SFO&OV(C_P 6%TC\?_05KV;K7P>.5L1)>9[5"7-3
M3#I1117$;!1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !11
M10 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%%
M !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444
M%%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%-9B#BG46;
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M072?I_[*M>RU^?X__>)>I[U#^$@HHHKA-@HHHH **** "BBB@ HHHH ****
M"BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH *
M*** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HH
MHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB
M@ HHHH ***0!LG)H6X&-X_/_ !2UT/\ 8K\:/^"UH4^&;K('^H;^M?LMX_\
M^17N_P#<K\:/^"UV?^$9N<?\\6_F:^JX;UQ*//QVE-GQ+^PTB_\ "[M'^4?>
M]/=:_HL_9E&/".E@?\^4?_H-?SJ?L-,H^-NC@^O]5K^BS]F,9\)Z7_UYQ_\
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M0 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%%
M!1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %
M%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1112;L
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M %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110
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M %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110
M4444 %%%% !1110 4444 %%%% !1114M, HHHJ@"BBB@ K%\<?\ (,_ UM5B
M^./^09^!KHPW\5&=3X3\/?\ @MY_R4F3_K];^M>&_P#!*_\ Y+@W_7RE>Y?\
M%O/^2DR?]?K?UKPW_@E?_P EP;_KY2OT^E_R*_D?._\ ,4?T$?L[_P#(O?\
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M1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444)V
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M !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444
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M@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH ****
M"BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH *
M*** "BBB@ K%\<?\@S\#6U6+XX_Y!GX&NC#?Q49U/A/P]_X+>?\ )29/^OUO
MZUX;_P $K_\ DN#?]?*5[E_P6\_Y*3)_U^M_6O#?^"5__)<&_P"OE*_3Z7_(
MK^1\[_S%']!'[.__ "+W_;(?TKT:O.?V=_\ D7O^V0_I7HU?FN+_ -XD?0TO
M@1B>/_\ D5[O_<K\:O\ @M9_R+%U_P!<&_K7[*^/_P#D5[O_ '*_&K_@M9_R
M+%U_UP;^M>[PW_O*./'_ ,,^)/V&O^2VZ/\ [W]5K^BS]F7_ )%'2_\ KRC_
M /0:_G3_ &&O^2VZ/_O?U6OZ+/V9?^11TO\ Z\H__0:]CB;^&<F6_$SUY/NB
MJ^J_\>%Q_P!<&_\ 035A/NBJ^J_\>%Q_UP;_ -!-?!Q^(]F>Q^3O_!6;_D5M
M2^KU^8/[(/\ R/%K_P!A0?\ H=?I]_P5F_Y%;4OJ]?F#^R#_ ,CQ:_\ 84'_
M *'7Z1E'^XL^>Q'\0_I$_8C_ .2"Z3]/_95KV6O&OV(_^2"Z3]/_ &5:]EK\
M_P ?_O$O4]ZA_"04445PFP4444 %%%% !1110 4444 %%%% !1110 4444 %
M%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 44
M44 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !111
M0 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !6+XX_Y!GX&MJL7Q
MQ_R#/P-=&&_BHSJ?"?A[_P %O/\ DI,G_7ZW]:\-_P""5_\ R7!O^OE*]R_X
M+>?\E)D_Z_6_K7AO_!*__DN#?]?*5^GTO^17\CYW_F*/Z"/V=_\ D7O^V0_I
M7HU><_L[_P#(O?\ ;(?TKT:OS7%_[Q(^AI? C$\?_P#(KW?^Y7XU?\%K/^18
MNO\ K@W]:_97Q_\ \BO=_P"Y7XU?\%K/^18NO^N#?UKW>&_]Y1QX_P#AGQ)^
MPU_R6W1_][^JU_19^S+_ ,BCI?\ UY1_^@U_.G^PU_R6W1_][^JU_19^S+_R
M*.E_]>4?_H->QQ-_#.3+?B9Z\GW15?5?^/"X_P"N#?\ H)JPGW15?5?^/"X_
MZX-_Z":^#C\1[,]C\G?^"LW_ "*VI?5Z_,']D'_D>+7_ +"@_P#0Z_3[_@K-
M_P BMJ7U>OS!_9!_Y'BU_P"PH/\ T.OTC*/]Q9\]B/XA_2)^Q'_R072?I_[*
MM>RUXU^Q'_R072?I_P"RK7LM?G^/_P!XEZGO4/X2"BBBN$V"BBB@ HHHH **
M** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHH
MH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@
M HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "
MBBB@ HHHH *Q?''_ "#/P-;58OCC_D&?@:Z,-_%1G4^$_#W_ (+>?\E)D_Z_
M6_K7AO\ P2O_ .2X-_U\I7N7_!;S_DI,G_7ZW]:\-_X)7_\ )<&_Z^4K]/I?
M\BOY'SO_ #%']!'[._\ R+W_ &R']*]&KSG]G?\ Y%[_ +9#^E>C5^:XO_>)
M'T-+X$8GC_\ Y%>[_P!ROQJ_X+6?\BQ=?]<&_K7[*^/_ /D5[O\ W*_&K_@M
M9_R+%U_UP;^M>[PW_O*./'_PSXD_8:_Y+;H_^]_5:_HL_9E_Y%'2_P#KRC_]
M!K^=/]AK_DMNC_[W]5K^BS]F7_D4=+_Z\H__ $&O8XF_AG)EOQ,]>3[HJOJO
M_'A<?]<&_P#035A/NBJ^J_\ 'A<?]<&_]!-?!Q^(]F>Q^3O_  5F_P"16U+Z
MO7Y@_L@_\CQ:_P#84'_H=?I]_P %9O\ D5M2^KU^8/[(/_(\6O\ V%!_Z'7Z
M1E'^XL^>Q'\0_I$_8C_Y(+I/T_\ 95KV6O&OV(_^2"Z3]/\ V5:]EK\_Q_\
MO$O4]ZA_"04445PFP4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !
M1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%
M%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 444
M4 %%%% !1110 4444 %%%% !1110 4444 %%%% !6+XX_P"09^!K:K%\<?\
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M **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@
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MTO@1B>/_ /D5[O\ W*_&K_@M9_R+%U_UP;^M?LKX_P#^17N_]ROQJ_X+6?\
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MZA_"04445PFP4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110
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M !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444
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M?C5_P6L_Y%BZ_P"N#?UKW>&_]Y1QX_\ AGQ)^PU_R6W1_P#>_JM?T6?LR_\
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M\<?\@S\#6U6+XX_Y!GX&NC#?Q49U/A/P]_X+>?\ )29/^OUOZUX;_P $K_\
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M&_\ 035A/NBJ^J_\>%Q_UP;_ -!-?!Q^(]F>Q^3O_!6;_D5M2^KU^8/[(/\
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M'_7!O_037P<?B/8GL?D[_P %9O\ D5M2^KU^8/[(/_(\6O\ V%!_Z'7Z??\
M!6;_ )%;4OJ]?F#^R#_R/%K_ -A0?^AU^D91_N+/GL1_$/Z1/V(_^2"Z3]/_
M &5:]EKQK]B/_D@ND_3_ -E6O9:_/\?_ +Q+U/>H?PD%%%%<)L%%%% !1110
M 4444[W ****0!1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%%
M !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444
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M#_7I_C7>>'_%%MKMFMU!<1N&[HP/\JPJ8:I!:HTC)26AJG ;(K(\<?\ (,_
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MT-^TCX=!P-=LO^_Z?XUR?4,0_LF_MX=SU:BO*A^TAX<Q_P AZS_\"$_QI?\
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M:(_Z&+_QYO\ &OOO_AQ5I'_/*+_O[1_PXJTC_GE%_P!_:/KV6^0>PQ!\"?\
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MYWR28W'\!7Q7X<_X(;Z5I6K6UZL40,-PC_ZWT8'UK]%OV9_@-%\)/!5IX?C
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M-???_#BK2/\ GE%_W]H_X<5:1_SRB_[^T?7LM\@]AB#X$_X;P_:(_P"AB_\
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M$S_^$8T?_GV_6C_A&-'_ .?;]:T**/:5.X<D3/\ ^$8T?_GV_6C_ (1C1_\
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MG\9P.-+U#\)%_P :0?\ !33XT]/[+U#_ +['^-'^K ?VA$_H,_X:U\#>J?\
M?VC_ (:U\"]BG_?P5_/H?^"F?QG)Q_9>H=/^>B_XTA_X*:?&CJ-*U#_OXO\
MC1_JQH"S!']!G_#6O@;U3_O[1_PUKX%[E/\ OX*_GT7_ (*:?&@GG2]0_P"^
MU_QH'_!3/XS]?[+U#_OXO^-'^K +,%<_H+_X:U\#>J?]_:/^&M? WJG_ ']K
M^?/_ (>:?&D<?V5J'_?P?XTI_P""FGQHQ_R"]0_[['^-'^K&@?V@D?T%_P##
M6O@7^\G_ '\H_P"&M? O]Y/^_M?SZ'_@IG\: /\ D%Z@?^VB_P"-*O\ P4S^
M,Y'.EZA_W\'^-'^K*0?V@C^@B3]KGP+&NXE/^_M;'AO]H[PGXCE2&T9"7Z8?
M-?SIZU_P4X^-$<&Y=*U#_OX/\:^FOV$?VZOB=XZ\1Z7;:G87BB650V]Q_C7+
MB.'_ &,'(UIXQ5&?NI9W27MJEU']UUR*<Y.<5@_"K49M5^'VE:A< AY;0,P/
MKDUT!4'FOE)QY9-'>G="(3G%.I H'2EJ!A11130!1113N@"@D X)HIK*2W2I
M =1110 5#>QF6 J*FILF3P1Q33<7<+7/BO\ X*/_ +'7B#]HF II4$C?*@^1
M,],5\'ZE_P $5OB+=:D9UL+C!_Z8C_"OV\GLH[CAZ@&B6V[( _*OH<)G=7#4
M[(YJN%A4>I^)A_X(J_$8  6-Q_WX'^%'_#E;XB?\^5Q_WX'^%?MM_8=MC^M-
M.BP X('Y5UKB7$',LOA<_$O_ (<K_$3_ )\KC_OR/\*/^'*_Q%[Z?<#_ +8?
M_6K]M1H<!YX_*@Z%;XX_E3_UEQ ?V? _$K_ARM\1/^?*X_[\_P#UJ/\ ARO\
M1?\ GQN#_P!L?_K5^V@T6 \#^5.&A6_<C\J/]9<0#R^F?B3_ ,.5_B+WL;@?
M]L/_ *U'_#E;XB?\^5Q_WY_^M7[:-HD /;\J!HD#>GY4?ZRX@?\ 9].Q^)?_
M  Y7^(O_ $#[C_OS_P#6H_X<K?$3_GRN/^_'_P!:OVV_L*WQU_2F_P!BP>GZ
M4?ZRX@2R^F?B7_PY7^(O_/C<'_MC_P#6H_X<K_$7O87 _P"V'_UJ_;4:' >N
M/RH;0[<<C^5'^LN(#^SZ=S\2O^'*WQ$_Y\KC_OS_ /6H_P"'*_Q%_P"?"X/_
M &Q_^M7[:#18"<#'Y4X:%;]S^E'^LN(!Y?3/Q)_X<K_$3_GQN!_VP_\ K4?\
M.5_B)_SY7'_?D?X5^VAT6 '!Q^5*-#@//'Y4?ZRX@?\ 9\#\2O\ ARO\1>^G
MW _[8?\ UJ/^'*WQ$_Y\KC_OS_\ 6K]M3H=N!Q_*D&BP'@?RH_UEQ EE\+'X
ME_\ #E?XB_\ /C<'_MC_ /6H_P"'*_Q$_P"?&X'_ &P_^M7[;#0K?N1^5-;1
M( >WY4?ZRX@%E\+GXE_\.5OB)_SY7'_?G_ZU'_#E?XB_] ^X/_;'_P"M7[:#
M1(&]/RIW]A6^.OZ4?ZRX@/[/IGXD_P##E;XB?\^5Q_WX_P#K4?\ #E?XBC_E
MPN/^_(_PK]M!H<!.,#\J<-#MN_\ *C_67$ \O@?B3_PY7^(O_/A<?]^?_K4\
M?\$5_B(!_P >-Q_WY'^%?MDVB6XY&*0:+ 3@8_*C_67$ LOA;4_$S_ARU\1A
M_P N%Q_WX'^%-D_X(L?$9UP;&X_[\#_"OVV_L&VZG'Y4S^PK:E_K)78++X7/
MQ8\+_P#!&'XAZ9K-K>-8W $5RCG]R.S ^E?J'^RA\$-1^%?@&RT*^C97@Z@K
MCL*]GCT6W!XQQ[5;CMEC7:/Y5YF+S6IB%9G72H*FA4(4<CM6-XW!_LS/KFME
MAM.,UC^-O^04/H:\[#O][$UG\+/P^_X+>?\ )29/^OUOZUX9_P $L2!\<&/?
M[2E>Y_\ !;S_ )*3)_U^M_6O#/\ @EB,_&]O^OE*_3J*OE?R/F_^8H_H(_9V
M;/A_C_GD/Z5Z/7G'[.RX\/\ '_/(?TKT>OS3&?QY'T5+X$9_BBP;4M$FLT'+
MKQ7P-^W[^P7XN^.VE36NDPS$NA'R1Y_I7Z$D9&*JW6GQ3_>J\%C)86=T*I35
M169^(-O_ ,$6?B9&@5K.Y_[\#_"IO^'+7Q&[V-Q_WX_^M7[8#0K;-2#0[;'(
MKWO]9:Z5CA>70O<_$P_\$6?B*!_QXW.?^N'_ -:F?\.6/B*<G[!<?]^1_A7[
M:'18 <<?E2KH=N>3C\J:XEQ ?V;3/Q*_X<K_ !%/_,/N/^_/_P!:C_ARM\1/
M^?*X_P"_/_UJ_;9M#M\< 4W^Q8/3]*/]9<0-9?"VI^)?_#E?XB_\^-P?^V/_
M -:C_ARO\1?^?&X'_;#_ .M7[:C0H.Y'Y4-HD __ %4?ZRX@/[/IW/Q*_P"'
M*WQ$_P"?*X_[\_\ UJ/^'*_Q%_Z!]P?^V/\ ]:OVT&B0'IC\J=_85OCK^E'^
MLN(!Y?3/Q)_X<K_$3_GRN/\ OQ_]:C_ARO\ $3_GRN/^_(_PK]M#HL X/\J4
M:' >N/RH_P!9<0/^SZ9^)7_#E?XB]["X'_;#_P"M1_PY6^(G_/E<?]^?_K5^
MVK:';CD?RI!HL!.!C\J/]9<0)9?"Q^)?_#E?XB_\^%P?^V/_ -:@_P#!%?XB
M?\^-P/\ MA_]:OVV&A6_<_I33HD /;\J/]9<0"R^%S\2_P#ARM\1/^?*X_[\
M_P#UJ!_P17^(O_0/N/\ OS_]:OVU71(#Z?E0="M\<?RH_P!9<0']GP/Q*_X<
MK?$3_GRN/^_'_P!:C_ARO\1?^?&X/_;'_P"M7[:?V+;],?I2C0H.Y'Y4?ZRX
M@;R^F?B5_P .5_B+WL+@?]L?_K4?\.5OB)_SY7'_ 'Y_^M7[:MHD Y[?2D&B
M0'IC\J/]9<0']GT['XE_\.5_B+_T#[@_]L?_ *U'_#E?XB?\^5Q_WX_^M7[;
M?V%;XZ_I33HL .#_ "H_UEQ EE],_$O_ (<K_$3_ )\KC_OR/\*/^'*_Q%[V
M%P/^V'_UJ_;4:' >>/RH;0[<<C^5'^LN(#^SX'XE?\.5OB)_SY7'_?G_ .M1
M_P .5_B+_P ^%P?^V/\ ]:OVT&BP$X'\J<-"M^Y_2C_67$ \O@?B2?\ @BO\
M1/\ GQN!_P!L/_K4?\.5OB)_SY7'_?G_ .M7[:'1( >WY4JZ) ?3\J/]9<0/
M^SZ=C\2A_P $5_B+_P! ^X_[\_\ UJ/^'*WQ$_Y\KC_OQ_\ 6K]MCH5OC@_I
M3?[%M^F/TH_UEQ EE],_$O\ X<K_ !%_Y\;@_P#;'_ZU'_#E?XB]["X'_;#_
M .M7[:C0H.Y'Y4-H=N.?Z4?ZRX@/[/IW/Q*_X<K?$3_GRN/^_/\ ]:@?\$5_
MB+VL+@_]L?\ ZU?MH-$@/3'Y4[^PK?'7]*/]9<0#R^F?B3_PY6^(G_/E<?\
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M3^T+\+/^AA7]/\:4?M!_"T_\S"OY#_&AT*CZ JJ.YHKA3^T)\+!_S,*_D/\
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MK_H5/_(9_P *UE_9LG>Z!.O%'FO_  ]=U'&/[6F_6A?^"KNHC_F+3?K7I/\
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MP<^M?L[^S1XK/B[X>1:HS$EMO)^E?DW^QG_P3:\2?#G6UN;GPV(P)]V=GO\
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M] &R_P# 9?\ "C_A%?#O_0!LO_ 9?\*T**/:R#DB9_\ PBOAW_H V7_@,O\
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M  H_X17P[_T ;+_P&7_"M"BCVL@Y(F?_ ,(KX=_Z -E_X#+_ (4?\(KX=_Z
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MX4?\(KX=_P"@#9?^ R_X5H44>UD')$S_ /A%?#O_ $ ;+_P&7_"C_A%?#O\
MT ;+_P !E_PK0HH]K(.2)G_\(KX=_P"@#9?^ R_X4?\ "*^'?^@#9?\ @,O^
M%:%%'M9!R1,__A%?#O\ T ;+_P !E_PH_P"$5\._] &R_P# 9?\ "M"BCVL@
MY(F?_P (KX=_Z 5E_P" R_X4G_"+>'O^@!9_^ R_X5HT4>UD)TXLSO\ A%O#
MW_0!L_\ P&7_  I?^$5\._\ 0!LO_ 9?\*T**/:R!0BC/_X17P[_ - &R_\
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M<C9/-$=13?,]J4..]/E:!23%HI P/0TM*S*"BBBA.P!1110W< HHHI %%(6
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M^#R'DM*HCSZF,3TB?M3X[_X*F6>ARR)8^*%;:>-LM<-<_P#!8*_CDVKX@?\
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M,<S6]KE) P_T?T/TK]%?[-L_^?=?R-.73K,#_CW7\JF6<SDMBX811/ ?V?\
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M_@IC\6%^'WA)YX;K83:YZU^ W[5OBM_&OQ3;5'?<#OYSZD5^IG_!;3XYQ?\
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ME;=\N_(3'4YKYR_99^)&K_#?XLVUY(QC,>.=V.]?N'_P5E^ -G\0M&E>RTM
M5MU)V)Z 5^$WQLT*7X;_ !1ELE#1F//3CO7Z3E6(>88?WCY[$TW0GH?T&?\
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MB?PG\7M3C6+;LD'\S7ZF_P#!%WXP+I_@RWL)KO!DMD7&[W%? G[?/P\D\/\
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MTY_NTT*3TJN9C20E/0$#FD5,')IU)NX.P4444A!1110 4444 %%%% !1110
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MG+\/?%D%J;ED_P")AMZ^LF*_HH_8K\9Q^(_@OI]V9U8MCG/L*KB/"\L%-(6
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MRDBM[JV:?7 XM,V33"BBBD,**** "BBB@ HHHH **** "BBB@ HHHH ****
M"BBB@ HHHH6X%?5_^09/_P!<C7YJ?\%>?^28W/\ N2?RK]*]7_Y!D_\ UR-?
MFI_P5Y_Y)C<_[DG\J^CR#_>D<&/_ (+/Q2\#?\E/T<_]/P_D:_?7_@FSQX3T
M@?\ 3-:_ KP-S\3]''_3\/Y&OWV_X)M ?\(GI&/^>:YKZSB/_=4>1ERO4/NB
M/O0I.XBB/O2A<$FOS*1])'86BBBI*"BBB@ JEX@ ?1;P#G-I)_Z":N]:JZM&
M&TRX0<[H''_CIK2G\1,U>)^(7_!5;1+E=:U*Y*?+\W/YU^>WP*O$MO'-@"?^
M8BO_ *'7ZP_\%7/AO)_8&HZJ+=N=_.VOR"\"WSZ'X\M"V1MU)>O^_7ZE@9*I
M@XKR/FZB<:US^D'_ ()]ZK'/\&]'C5NW]%KZIB^Y7P+_ ,$T/BG!J7@+2=)%
MTI( ^7</05]\PG*?A7Q&>0<,58]G"24H:#Z***\ [0HHHH ***0M@XQ233 6
MBBANA^E4E<#$\;3I'HEYD_\ +K)_Z":_GU_X*I:E#)\6=2B5^?G_ )U^Z_[0
M'CN'PCH5V9)U7-H_WC_LFOYX?^"D7Q!&O?&F_59-P;=T_P!ZON>%Z3YG+R/&
MS*22,3]A&PDN?$MHT8S_ *<.W^W7]%W[&\30_!'3D8=/_B17X)_\$OOA[+XI
MU>VN%MV;%R6X'HU?T _LSZ4='^%5E8E2"O;\!6/$TTZB0\OUC<]"!RAKQO\
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M]Z_?#]F3XR)\6=!_M%)0W[H-Q^%?%YQESP[YTM#V<+B%-<IZO10.1FBOFCT
MHHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBBA;@5]7_P"09/\
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M+UJ60<XV2_\ UZNGD&-E)*Q$\;3BC[W^,_[7W@#X5V<KZS,!M0_\M0*_)/\
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MG"U,/+EEN=-.HIDE%%%<IJ,)8M@&O&_VK/A[%XC^'&N3M;[C]C8@X]Q7LP4
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M7] /_#J7X6 \-:_]^C_A4@_X)5?"S&-]K_WY/^%?5_ZS0Y4CRWEJ3N?S\?\
M"F_CD>NO7/\ WQ1_PIGXX_\ 0=N?^^*_H%/_  2J^%H_CM?PA/\ A0O_  2J
M^%N/O6O_ 'Y/^%3_ *QTBOJ-D?S]GX-?'+OKUS_WQ2?\*:^./_0=N?\ OBOZ
M!C_P2J^%IXW6O_?G_P"M3?\ AU7\+?[]K_WY/^%+_6.D"P+/Y^_^%,_'+_H.
MW/\ WQ2/\&OCB 1_;UST_N5_0/\ \.J_A;_>M?\ OS_]:D?_ ()4?"UA]ZU_
M[\G_  I_ZQ4@^HNY^ 7PI^#7QPA^(4,L^O7)3OE/>OVZ_P""0OAOQ1H=C&-?
MNWD/D/\ >&.QKT72/^"5OPNTK4EU")K7<O\ TQ/^%>Y_!SX":#\(XPNDE,!2
M/D7%>-F.9PQ4+(ZZ-#V9Z O"TUB">!3\<8I-@KYYO4ZTM#/UOPWHOB*U^QZM
M9+,AZJPKY3_:V_8.\'_$F.ZDT3PI&&8$J53.#7UX% YI)(Q(I4CK77A<;5PU
M12BS.I2C-69^!7[3/_!)'XD:;>W6IZ78S1Q,24Q!TKY.\9?LD?%WX<7'EI?7
M$94_\\Z_I]\;?#+3/&=F;.]VX(/WAFO#O'W_  3<^''CAVFO3;9)SS$3_2OJ
M:'$C4;3/.GEZO='\Z N?C9X8D*+XHN5V'TJS#\6OC; OE'QA<BOW+\9?\$;O
MA/=JTBK:$MUQ ?\ "N&NO^",'PO^T#%O;$9_YX'_  KTJ>;4:JN8O#RB?C5/
MXR^..NC8OBZY/X5;T;X*_&;Q[=)#+K5Q(9/]C-?M9X2_X(R_"B.4&6.U S_S
MP/\ A7JG@O\ X)4_"WPQ*EQ;M:Y3IB$_X5E6SRCA]%N-8-U%J?CK\!_^"67Q
M9\:W<<LZ3R!V!_U.:_2']C__ ()D6?@;[+=^*/#0D:/&YGBQ7VQ\-_V<O#OP
M]V?V<8_DZ;4Q7HMI91VL?EITKQ\;Q!4K0Y8G32P,8,YWP7\+O!W@FQ@BT+18
M[=DB4$H.^*Z14VKP.*>0#P12U\Q.I*>YZ,4HH:@[TH4ALYI0 .E%9C;N!Y&*
M\?\ VQ=)N-4^'#06Y.[:^,?2O8*Q_&7A&S\8Z:=-O-NTY^\*WH3Y)J78SG%-
M'\X__!0[X!>+]=\=K/:.^/M9/"?6O$[+]GKXFV%JKZ=>S1MCJJ5_1'\1_P#@
MFY\-_B%J'V[4'M@P?=\T1_PK"3_@E5\+(U" VO'_ $Q/^%?9X7B.%&BHL\JI
MEZG.Y_/XWP?^/"<)XANO^^*!\(?CR.OB*Z_[XK^@,_\ !*SX7'JUK_WX/^%)
M_P .JOA;_>M?^_)_PJGQ'2;*6 LC^?\ _P"%0_'C_H8;G_OBE;X1?'@C_D8K
MK_OBOZ ?^'5?PM_O6O\ WY_^M0?^"5?PMQ]ZU_[\_P#UJ/\ 6.D+ZBS^?S_A
M4/QX_P"ABNO^^*/^%0_'C_H8KK_OBOZ A_P2K^%Q/WK7_OP?\*7_ (=5_"W^
M]:_]^?\ ZU+_ %CI?T@^HL_G\_X5#\>!_P S#=?]\5E:Q\'?CX^I6[+XANL"
M9,_N_<5_0NW_  2J^%O]ZU_[\G_"HY?^"4'PJFD65GM<JP(_<GM^%3+B"E)%
MPP36I\8_\$MO!'Q#TC4=..N:E-(!LW;EQ7[ Z8I73X W7R5_D*\@^%/['_A'
MX7RQOI9AS'C&Q,?TKV6-!'&L8Z*H%?,9CBHXFIS([Z5/D0 '=G/%+117FFPP
MY+8JIKUF;S1[BU*YWQD8JZ0!\PI"/,0J>]5!\LDQ-71^6W_!83]GJ\U7X?3W
M=A:E6>%SD+]:_'CPQ\"?%,/CRQTQV?#S8(VU_49\<?V>O#_QKT0Z-K1C\LH5
M^=<]:^>[?_@D!\(8-?@UX/9^9 ^Y<0'_  KZS"9ZZ-/E/.JX-3=SPO\ X)(_
MLX7?@75K'6K^T.'D1R2N/2OTZMX8X4VQK@5PGPM^!6A?#&V@M=+*8@4!=BXZ
M5WX&!@5X>8XQXNMSW.G#TE2C81@2, THR!R:**\TZ0HHHH BO(O.MGCQG<A&
M/J*^%_\ @J!\ T\1_":]O+2Q'F-O^8+STK[M(R,5R7Q4^%NE_$_P\_A_5-OE
MOG.]<CFO1P&,EA*G,C&K15169_*YXL^ GBO0_%J6Y9U#7V,;/]JOTL_X)/?L
M[WVC>,+'7;ZU)#&,DE?>OMWQ#_P2%^$6OZFNI7#V>Y9=XS >N<^E>Q_!S]D7
MPA\(1"NDM#^ZQC8F*]_$Y\JV'<#AC@8QJ7/7-.LX;2$+$F.!5BD4!1@4M?(R
MDY.YZ:5D%-?I3J:_3-);C(;FU@NXC#<1AE/4&O/?B?\ L_\ @'QQ:M%?^&XI
MMRX.X5Z,!G@4X(.]=%*O.C/F3)G%35C\M_VN/^"5TWB^ZN-0\*^'O*4[L;(L
MU^?_ ,:/^"6GQ=\(7$\]NL\8#$C$-?TAWUC'>V[6[GAO6O.O'_[-_ASQTC)?
MF/##^):^BPG$56FK3/.J8&$G<_F6UGX#?&SP)<&&/6KF,I_TSJI#KGQWT3Y6
M\77(V\=*_H/\7?\ !+CX8>)YVGN3;?-US$?\*\_\3?\ !&SX1SDL@M"3S_J#
M_A7IPSZE5=F<_P!3E$_#5_B1\<Y%\H>,[FJY3XZ>*I!&WBFZ?><?=K]LH?\
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M./BC9>#+%[RY*83^\:Z;SQ+I1N8S]ZWW _\  :^%/VTOBKXNLOM>F:0-Q&[
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M6?\ IG_(U[F92E]71Q4&G4/<;;1='M^;?3($/^S&!67X^1$T"144 >@^E;^
M.@K"^(/_ "+[_P">U>'2;=5'H/X3\WOV\54^*;,E1_Q_P?\ H:U]T?L=.!\%
M+# _SM%?#'[>'_(TV?\ U_P?^AK7W+^QW_R1.PQ_GY17J9BE[-&5)79QO[8/
MQK3P);W&D>:%:9#&/Q%?''[//PKU+QO^T'/XEO999H)VCPDC$K]X]OQKU?\
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M0]P/2O'_ /@GSX:U;0OAI';ZB,.%3M[5]21KF (PZK@UA7J.-7FB4EH?E/\
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MYZ4ZLHRE%@SYB^*/[ >E^/\ 49KTB)#+Z/BN!B_X)2:=%*'^TIP<_P#'P?\
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M*[ ****+, HHHHLP"BBBBS ****+, HHHHLP"BBBBS ****T **** "BBB@
MHHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "B
MBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH ***
M* "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH
K **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** /_V0$!

end
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>9
<FILENAME>R1.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="include/report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.22.4</span><table class="report" border="0" cellspacing="2" id="idm139728864809056">
<tr>
<th class="tl" colspan="1" rowspan="1"><div style="width: 200px;"><strong>Cover<br></strong></div></th>
<th class="th"><div>Feb. 06, 2023</div></th>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_EntityInformationLineItems', window );"><strong>Entity Information [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_DocumentType', window );">Document Type</a></td>
<td class="text">8-K<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_DocumentPeriodEndDate', window );">Document Period End Date</a></td>
<td class="text">Feb.  06,  2023<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_EntityRegistrantName', window );">Entity Registrant Name</a></td>
<td class="text">LOEWS CORPORATION<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_EntityCentralIndexKey', window );">Entity Central Index Key</a></td>
<td class="text">0000060086<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_AmendmentFlag', window );">Amendment Flag</a></td>
<td class="text">false<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_EntityIncorporationStateCountryCode', window );">Entity Incorporation, State or Country Code</a></td>
<td class="text">DE<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_EntityFileNumber', window );">Entity File Number</a></td>
<td class="text">1-6541<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_EntityTaxIdentificationNumber', window );">Entity Tax Identification Number</a></td>
<td class="text">13-2646102<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_EntityAddressAddressLine1', window );">Entity Address, Address Line One</a></td>
<td class="text">667 Madison Avenue<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_EntityAddressCityOrTown', window );">Entity Address, City or Town</a></td>
<td class="text">New York<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_EntityAddressStateOrProvince', window );">Entity Address, State or Province</a></td>
<td class="text">NY<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_EntityAddressPostalZipCode', window );">Entity Address, Postal Zip Code</a></td>
<td class="text">10065-8087<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_CityAreaCode', window );">City Area Code</a></td>
<td class="text">212<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_LocalPhoneNumber', window );">Local Phone Number</a></td>
<td class="text">521-2000<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_WrittenCommunications', window );">Written Communications</a></td>
<td class="text">false<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_SolicitingMaterial', window );">Soliciting Material</a></td>
<td class="text">false<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_PreCommencementTenderOffer', window );">Pre-commencement Tender Offer</a></td>
<td class="text">false<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_PreCommencementIssuerTenderOffer', window );">Pre-commencement Issuer Tender Offer</a></td>
<td class="text">false<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_Security12bTitle', window );">Title of 12(b) Security</a></td>
<td class="text">Common stock, $0.01 par value<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_TradingSymbol', window );">Trading Symbol</a></td>
<td class="text">L<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_SecurityExchangeName', window );">Security Exchange Name</a></td>
<td class="text">NYSE<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_EntityEmergingGrowthCompany', window );">Entity Emerging Growth Company</a></td>
<td class="text">false<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_AmendmentFlag">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Boolean flag that is true when the XBRL content amends previously-filed or accepted submission.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_AmendmentFlag</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:booleanItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_CityAreaCode">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Area code of city</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_CityAreaCode</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:normalizedStringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_DocumentPeriodEndDate">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>For the EDGAR submission types of Form 8-K: the date of the report, the date of the earliest event reported; for the EDGAR submission types of Form N-1A: the filing date; for all other submission types: the end of the reporting or transition period.  The format of the date is YYYY-MM-DD.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_DocumentPeriodEndDate</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:dateItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_DocumentType">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The type of document being provided (such as 10-K, 10-Q, 485BPOS, etc). The document type is limited to the same value as the supporting SEC submission type, or the word 'Other'.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_DocumentType</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dei:submissionTypeItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityAddressAddressLine1">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Address Line 1 such as Attn, Building Name, Street Name</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityAddressAddressLine1</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:normalizedStringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityAddressCityOrTown">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Name of the City or Town</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityAddressCityOrTown</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:normalizedStringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityAddressPostalZipCode">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Code for the postal or zip code</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityAddressPostalZipCode</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:normalizedStringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityAddressStateOrProvince">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Name of the state or province.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityAddressStateOrProvince</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dei:stateOrProvinceItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityCentralIndexKey">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>A unique 10-digit SEC-issued value to identify entities that have filed disclosures with the SEC. It is commonly abbreviated as CIK.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Exchange Act<br> -Number 240<br> -Section 12<br> -Subsection b-2<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityCentralIndexKey</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dei:centralIndexKeyItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityEmergingGrowthCompany">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Indicate if registrant meets the emerging growth company criteria.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Exchange Act<br> -Number 240<br> -Section 12<br> -Subsection b-2<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityEmergingGrowthCompany</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:booleanItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityFileNumber">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Commission file number. The field allows up to 17 characters. The prefix may contain 1-3 digits, the sequence number may contain 1-8 digits, the optional suffix may contain 1-4 characters, and the fields are separated with a hyphen.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityFileNumber</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dei:fileNumberItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityIncorporationStateCountryCode">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Two-character EDGAR code representing the state or country of incorporation.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityIncorporationStateCountryCode</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dei:edgarStateCountryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityInformationLineItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityInformationLineItems</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityRegistrantName">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The exact name of the entity filing the report as specified in its charter, which is required by forms filed with the SEC.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Exchange Act<br> -Number 240<br> -Section 12<br> -Subsection b-2<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityRegistrantName</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:normalizedStringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityTaxIdentificationNumber">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The Tax Identification Number (TIN), also known as an Employer Identification Number (EIN), is a unique 9-digit value assigned by the IRS.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Exchange Act<br> -Number 240<br> -Section 12<br> -Subsection b-2<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityTaxIdentificationNumber</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dei:employerIdItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_LocalPhoneNumber">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Local phone number for entity.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_LocalPhoneNumber</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:normalizedStringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_PreCommencementIssuerTenderOffer">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Exchange Act<br> -Number 240<br> -Section 13e<br> -Subsection 4c<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_PreCommencementIssuerTenderOffer</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:booleanItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_PreCommencementTenderOffer">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Exchange Act<br> -Number 240<br> -Section 14d<br> -Subsection 2b<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_PreCommencementTenderOffer</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:booleanItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_Security12bTitle">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Title of a 12(b) registered security.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Exchange Act<br> -Number 240<br> -Section 12<br> -Subsection b<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_Security12bTitle</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dei:securityTitleItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_SecurityExchangeName">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Name of the Exchange on which a security is registered.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Exchange Act<br> -Number 240<br> -Section 12<br> -Subsection d1-1<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_SecurityExchangeName</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dei:edgarExchangeCodeItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_SolicitingMaterial">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as soliciting material pursuant to Rule 14a-12 under the Exchange Act.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Exchange Act<br> -Section 14a<br> -Number 240<br> -Subsection 12<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_SolicitingMaterial</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:booleanItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_TradingSymbol">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Trading symbol of an instrument as listed on an exchange.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_TradingSymbol</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dei:tradingSymbolItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_WrittenCommunications">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as written communications pursuant to Rule 425 under the Securities Act.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Securities Act<br> -Number 230<br> -Section 425<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_WrittenCommunications</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:booleanItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>10
<FILENAME>l-20230206_htm.xml
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<XML>
<?xml version="1.0" encoding="utf-8"?>
<xbrl
  xml:lang="en-US"
  xmlns="http://www.xbrl.org/2003/instance"
  xmlns:dei="http://xbrl.sec.gov/dei/2022"
  xmlns:link="http://www.xbrl.org/2003/linkbase"
  xmlns:xlink="http://www.w3.org/1999/xlink">
    <link:schemaRef xlink:href="l-20230206.xsd" xlink:type="simple"/>
    <context id="i67003911b4c74e359fced5174d6dc8c4_D20230206-20230206">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0000060086</identifier>
        </entity>
        <period>
            <startDate>2023-02-06</startDate>
            <endDate>2023-02-06</endDate>
        </period>
    </context>
    <dei:EntityCentralIndexKey
      contextRef="i67003911b4c74e359fced5174d6dc8c4_D20230206-20230206"
      id="id3VybDovL2RvY3MudjEvZG9jOjA5YTU5NWUxOTY0ODQ4Mjg5MDNjNjg5MzhlMzQ0ZDNhL3NlYzowOWE1OTVlMTk2NDg0ODI4OTAzYzY4OTM4ZTM0NGQzYV80L2ZyYWc6ZTE3MmI3OGVhOTJlNGMzNGI1ODgwMjE4MjcxN2JiZGEvdGFibGU6MGI5YTYzYmNlOTVjNGE5MTgwMjI0YjBhNzYxOWE5ZDcvdGFibGVyYW5nZTowYjlhNjNiY2U5NWM0YTkxODAyMjRiMGE3NjE5YTlkN18yLTEtMS0xLTExMDU2OQ_c7eeca43-d6df-4784-ab9b-7e17ff91cf6c">0000060086</dei:EntityCentralIndexKey>
    <dei:AmendmentFlag
      contextRef="i67003911b4c74e359fced5174d6dc8c4_D20230206-20230206"
      id="id3VybDovL2RvY3MudjEvZG9jOjA5YTU5NWUxOTY0ODQ4Mjg5MDNjNjg5MzhlMzQ0ZDNhL3NlYzowOWE1OTVlMTk2NDg0ODI4OTAzYzY4OTM4ZTM0NGQzYV80L2ZyYWc6ZTE3MmI3OGVhOTJlNGMzNGI1ODgwMjE4MjcxN2JiZGEvdGFibGU6MGI5YTYzYmNlOTVjNGE5MTgwMjI0YjBhNzYxOWE5ZDcvdGFibGVyYW5nZTowYjlhNjNiY2U5NWM0YTkxODAyMjRiMGE3NjE5YTlkN18zLTEtMS0xLTExMDU2OQ_ace3193c-c031-4c46-9600-8df6a5981d3b">false</dei:AmendmentFlag>
    <dei:DocumentType
      contextRef="i67003911b4c74e359fced5174d6dc8c4_D20230206-20230206"
      id="id3VybDovL2RvY3MudjEvZG9jOjA5YTU5NWUxOTY0ODQ4Mjg5MDNjNjg5MzhlMzQ0ZDNhL3NlYzowOWE1OTVlMTk2NDg0ODI4OTAzYzY4OTM4ZTM0NGQzYV8xL2ZyYWc6ZTc4MDg4MmFmMDQ5NGIyNWE0NzA3ZTU5NjE0OTk4ZmQvdGV4dHJlZ2lvbjplNzgwODgyYWYwNDk0YjI1YTQ3MDdlNTk2MTQ5OThmZF8xNDM4_0443b1ae-076d-4ebb-8275-578ddf98d6b6">8-K</dei:DocumentType>
    <dei:DocumentPeriodEndDate
      contextRef="i67003911b4c74e359fced5174d6dc8c4_D20230206-20230206"
      id="id3VybDovL2RvY3MudjEvZG9jOjA5YTU5NWUxOTY0ODQ4Mjg5MDNjNjg5MzhlMzQ0ZDNhL3NlYzowOWE1OTVlMTk2NDg0ODI4OTAzYzY4OTM4ZTM0NGQzYV8xL2ZyYWc6ZTc4MDg4MmFmMDQ5NGIyNWE0NzA3ZTU5NjE0OTk4ZmQvdGFibGU6ZDZmMWZlOGY3M2I5NGIyOTg4NTdmMTZjZmU4NGNlMTEvdGFibGVyYW5nZTpkNmYxZmU4ZjczYjk0YjI5ODg1N2YxNmNmZTg0Y2UxMV8wLTItMS0xLTExMDU2OQ_3e7d0d51-05d4-43c3-8e02-f6d48175384b">2023-02-06</dei:DocumentPeriodEndDate>
    <dei:EntityRegistrantName
      contextRef="i67003911b4c74e359fced5174d6dc8c4_D20230206-20230206"
      id="id3VybDovL2RvY3MudjEvZG9jOjA5YTU5NWUxOTY0ODQ4Mjg5MDNjNjg5MzhlMzQ0ZDNhL3NlYzowOWE1OTVlMTk2NDg0ODI4OTAzYzY4OTM4ZTM0NGQzYV8xL2ZyYWc6ZTc4MDg4MmFmMDQ5NGIyNWE0NzA3ZTU5NjE0OTk4ZmQvdGV4dHJlZ2lvbjplNzgwODgyYWYwNDk0YjI1YTQ3MDdlNTk2MTQ5OThmZF8xNDQw_2d28a88a-e6e1-4f11-9a72-49efebe0b42a">LOEWS CORPORATION</dei:EntityRegistrantName>
    <dei:EntityIncorporationStateCountryCode
      contextRef="i67003911b4c74e359fced5174d6dc8c4_D20230206-20230206"
      id="id3VybDovL2RvY3MudjEvZG9jOjA5YTU5NWUxOTY0ODQ4Mjg5MDNjNjg5MzhlMzQ0ZDNhL3NlYzowOWE1OTVlMTk2NDg0ODI4OTAzYzY4OTM4ZTM0NGQzYV8xL2ZyYWc6ZTc4MDg4MmFmMDQ5NGIyNWE0NzA3ZTU5NjE0OTk4ZmQvdGFibGU6ZTdmNjk2NTBkY2JmNGFiMzllMjhjM2QwZjAwZGIyNjYvdGFibGVyYW5nZTplN2Y2OTY1MGRjYmY0YWIzOWUyOGMzZDBmMDBkYjI2Nl8wLTAtMS0xLTExMDU2OQ_a048dee1-947f-45d0-b18f-f75b22d9ed2c">DE</dei:EntityIncorporationStateCountryCode>
    <dei:EntityFileNumber
      contextRef="i67003911b4c74e359fced5174d6dc8c4_D20230206-20230206"
      id="id3VybDovL2RvY3MudjEvZG9jOjA5YTU5NWUxOTY0ODQ4Mjg5MDNjNjg5MzhlMzQ0ZDNhL3NlYzowOWE1OTVlMTk2NDg0ODI4OTAzYzY4OTM4ZTM0NGQzYV8xL2ZyYWc6ZTc4MDg4MmFmMDQ5NGIyNWE0NzA3ZTU5NjE0OTk4ZmQvdGFibGU6ZTdmNjk2NTBkY2JmNGFiMzllMjhjM2QwZjAwZGIyNjYvdGFibGVyYW5nZTplN2Y2OTY1MGRjYmY0YWIzOWUyOGMzZDBmMDBkYjI2Nl8wLTItMS0xLTExMDU2OQ_8169ce43-4d80-4639-ba5b-c909bbccf1d4">1-6541</dei:EntityFileNumber>
    <dei:EntityTaxIdentificationNumber
      contextRef="i67003911b4c74e359fced5174d6dc8c4_D20230206-20230206"
      id="id3VybDovL2RvY3MudjEvZG9jOjA5YTU5NWUxOTY0ODQ4Mjg5MDNjNjg5MzhlMzQ0ZDNhL3NlYzowOWE1OTVlMTk2NDg0ODI4OTAzYzY4OTM4ZTM0NGQzYV8xL2ZyYWc6ZTc4MDg4MmFmMDQ5NGIyNWE0NzA3ZTU5NjE0OTk4ZmQvdGFibGU6ZTdmNjk2NTBkY2JmNGFiMzllMjhjM2QwZjAwZGIyNjYvdGFibGVyYW5nZTplN2Y2OTY1MGRjYmY0YWIzOWUyOGMzZDBmMDBkYjI2Nl8wLTQtMS0xLTExMDU2OQ_89e8d11f-d918-4429-8834-05ef15e4f96e">13-2646102</dei:EntityTaxIdentificationNumber>
    <dei:EntityAddressAddressLine1
      contextRef="i67003911b4c74e359fced5174d6dc8c4_D20230206-20230206"
      id="id3VybDovL2RvY3MudjEvZG9jOjA5YTU5NWUxOTY0ODQ4Mjg5MDNjNjg5MzhlMzQ0ZDNhL3NlYzowOWE1OTVlMTk2NDg0ODI4OTAzYzY4OTM4ZTM0NGQzYV8xL2ZyYWc6ZTc4MDg4MmFmMDQ5NGIyNWE0NzA3ZTU5NjE0OTk4ZmQvdGFibGU6Njc4MjNiOTEzMjhjNDcyZTg4ZWU3ZDc4YzZkYjk0ODEvdGFibGVyYW5nZTo2NzgyM2I5MTMyOGM0NzJlODhlZTdkNzhjNmRiOTQ4MV8wLTAtMS0xLTExMDU2OS90ZXh0cmVnaW9uOjEzNTU0ZWQwYjM0MDRjMTliZjIxNTEzZDViM2NlNjk0XzQ_375cabc2-7e3f-46a7-a8dc-c4b4b2113b21">667 Madison Avenue</dei:EntityAddressAddressLine1>
    <dei:EntityAddressCityOrTown
      contextRef="i67003911b4c74e359fced5174d6dc8c4_D20230206-20230206"
      id="id3VybDovL2RvY3MudjEvZG9jOjA5YTU5NWUxOTY0ODQ4Mjg5MDNjNjg5MzhlMzQ0ZDNhL3NlYzowOWE1OTVlMTk2NDg0ODI4OTAzYzY4OTM4ZTM0NGQzYV8xL2ZyYWc6ZTc4MDg4MmFmMDQ5NGIyNWE0NzA3ZTU5NjE0OTk4ZmQvdGFibGU6Njc4MjNiOTEzMjhjNDcyZTg4ZWU3ZDc4YzZkYjk0ODEvdGFibGVyYW5nZTo2NzgyM2I5MTMyOGM0NzJlODhlZTdkNzhjNmRiOTQ4MV8wLTAtMS0xLTExMDU2OS90ZXh0cmVnaW9uOjEzNTU0ZWQwYjM0MDRjMTliZjIxNTEzZDViM2NlNjk0Xzg_22a1d173-6b15-41c2-9a31-e751b86c99ab">New York</dei:EntityAddressCityOrTown>
    <dei:EntityAddressStateOrProvince
      contextRef="i67003911b4c74e359fced5174d6dc8c4_D20230206-20230206"
      id="id3VybDovL2RvY3MudjEvZG9jOjA5YTU5NWUxOTY0ODQ4Mjg5MDNjNjg5MzhlMzQ0ZDNhL3NlYzowOWE1OTVlMTk2NDg0ODI4OTAzYzY4OTM4ZTM0NGQzYV8xL2ZyYWc6ZTc4MDg4MmFmMDQ5NGIyNWE0NzA3ZTU5NjE0OTk4ZmQvdGFibGU6Njc4MjNiOTEzMjhjNDcyZTg4ZWU3ZDc4YzZkYjk0ODEvdGFibGVyYW5nZTo2NzgyM2I5MTMyOGM0NzJlODhlZTdkNzhjNmRiOTQ4MV8wLTAtMS0xLTExMDU2OS90ZXh0cmVnaW9uOjEzNTU0ZWQwYjM0MDRjMTliZjIxNTEzZDViM2NlNjk0XzEy_15591cde-7e4d-456c-afc7-fcfa3582bf9d">NY</dei:EntityAddressStateOrProvince>
    <dei:EntityAddressPostalZipCode
      contextRef="i67003911b4c74e359fced5174d6dc8c4_D20230206-20230206"
      id="id3VybDovL2RvY3MudjEvZG9jOjA5YTU5NWUxOTY0ODQ4Mjg5MDNjNjg5MzhlMzQ0ZDNhL3NlYzowOWE1OTVlMTk2NDg0ODI4OTAzYzY4OTM4ZTM0NGQzYV8xL2ZyYWc6ZTc4MDg4MmFmMDQ5NGIyNWE0NzA3ZTU5NjE0OTk4ZmQvdGFibGU6Njc4MjNiOTEzMjhjNDcyZTg4ZWU3ZDc4YzZkYjk0ODEvdGFibGVyYW5nZTo2NzgyM2I5MTMyOGM0NzJlODhlZTdkNzhjNmRiOTQ4MV8wLTEtMS0xLTExMDU2OQ_3c86bd30-9cef-465d-a7e9-3a79e89d3b63">10065-8087</dei:EntityAddressPostalZipCode>
    <dei:CityAreaCode
      contextRef="i67003911b4c74e359fced5174d6dc8c4_D20230206-20230206"
      id="id3VybDovL2RvY3MudjEvZG9jOjA5YTU5NWUxOTY0ODQ4Mjg5MDNjNjg5MzhlMzQ0ZDNhL3NlYzowOWE1OTVlMTk2NDg0ODI4OTAzYzY4OTM4ZTM0NGQzYV8xL2ZyYWc6ZTc4MDg4MmFmMDQ5NGIyNWE0NzA3ZTU5NjE0OTk4ZmQvdGFibGU6MTMwMDhkZmJlOWViNDRlYzg1MTFmMTA2YjBhZGMwZjkvdGFibGVyYW5nZToxMzAwOGRmYmU5ZWI0NGVjODUxMWYxMDZiMGFkYzBmOV8wLTEtMS0xLTExMDU2OS90ZXh0cmVnaW9uOjIyZDU5MGQ3NGM5YTQzNDFiOWJkZmFmZDkwMDE1ZDE2XzU_db23edd1-ebbd-464f-bbf9-2ac494144763">212</dei:CityAreaCode>
    <dei:LocalPhoneNumber
      contextRef="i67003911b4c74e359fced5174d6dc8c4_D20230206-20230206"
      id="id3VybDovL2RvY3MudjEvZG9jOjA5YTU5NWUxOTY0ODQ4Mjg5MDNjNjg5MzhlMzQ0ZDNhL3NlYzowOWE1OTVlMTk2NDg0ODI4OTAzYzY4OTM4ZTM0NGQzYV8xL2ZyYWc6ZTc4MDg4MmFmMDQ5NGIyNWE0NzA3ZTU5NjE0OTk4ZmQvdGFibGU6MTMwMDhkZmJlOWViNDRlYzg1MTFmMTA2YjBhZGMwZjkvdGFibGVyYW5nZToxMzAwOGRmYmU5ZWI0NGVjODUxMWYxMDZiMGFkYzBmOV8wLTEtMS0xLTExMDU2OS90ZXh0cmVnaW9uOjIyZDU5MGQ3NGM5YTQzNDFiOWJkZmFmZDkwMDE1ZDE2Xzk_6ca1abd5-6deb-4c66-817d-8053c722fe7d">521-2000</dei:LocalPhoneNumber>
    <dei:WrittenCommunications
      contextRef="i67003911b4c74e359fced5174d6dc8c4_D20230206-20230206"
      id="id3VybDovL2RvY3MudjEvZG9jOjA5YTU5NWUxOTY0ODQ4Mjg5MDNjNjg5MzhlMzQ0ZDNhL3NlYzowOWE1OTVlMTk2NDg0ODI4OTAzYzY4OTM4ZTM0NGQzYV8xL2ZyYWc6ZTc4MDg4MmFmMDQ5NGIyNWE0NzA3ZTU5NjE0OTk4ZmQvdGV4dHJlZ2lvbjplNzgwODgyYWYwNDk0YjI1YTQ3MDdlNTk2MTQ5OThmZF8xNDMz_3da9b54f-f8c4-4294-bc6e-2244e4bf607a">false</dei:WrittenCommunications>
    <dei:SolicitingMaterial
      contextRef="i67003911b4c74e359fced5174d6dc8c4_D20230206-20230206"
      id="id3VybDovL2RvY3MudjEvZG9jOjA5YTU5NWUxOTY0ODQ4Mjg5MDNjNjg5MzhlMzQ0ZDNhL3NlYzowOWE1OTVlMTk2NDg0ODI4OTAzYzY4OTM4ZTM0NGQzYV8xL2ZyYWc6ZTc4MDg4MmFmMDQ5NGIyNWE0NzA3ZTU5NjE0OTk4ZmQvdGV4dHJlZ2lvbjplNzgwODgyYWYwNDk0YjI1YTQ3MDdlNTk2MTQ5OThmZF8xNDM0_793d6a71-337e-46e4-8334-8530ac6632fd">false</dei:SolicitingMaterial>
    <dei:PreCommencementTenderOffer
      contextRef="i67003911b4c74e359fced5174d6dc8c4_D20230206-20230206"
      id="id3VybDovL2RvY3MudjEvZG9jOjA5YTU5NWUxOTY0ODQ4Mjg5MDNjNjg5MzhlMzQ0ZDNhL3NlYzowOWE1OTVlMTk2NDg0ODI4OTAzYzY4OTM4ZTM0NGQzYV8xL2ZyYWc6ZTc4MDg4MmFmMDQ5NGIyNWE0NzA3ZTU5NjE0OTk4ZmQvdGV4dHJlZ2lvbjplNzgwODgyYWYwNDk0YjI1YTQ3MDdlNTk2MTQ5OThmZF8xNDM1_c11d8cb4-3349-473a-bd55-e0b7820f20de">false</dei:PreCommencementTenderOffer>
    <dei:PreCommencementIssuerTenderOffer
      contextRef="i67003911b4c74e359fced5174d6dc8c4_D20230206-20230206"
      id="id3VybDovL2RvY3MudjEvZG9jOjA5YTU5NWUxOTY0ODQ4Mjg5MDNjNjg5MzhlMzQ0ZDNhL3NlYzowOWE1OTVlMTk2NDg0ODI4OTAzYzY4OTM4ZTM0NGQzYV8xL2ZyYWc6ZTc4MDg4MmFmMDQ5NGIyNWE0NzA3ZTU5NjE0OTk4ZmQvdGV4dHJlZ2lvbjplNzgwODgyYWYwNDk0YjI1YTQ3MDdlNTk2MTQ5OThmZF8xNDM2_8d55a9e3-3dbf-490c-b5a7-de0b74c1b77a">false</dei:PreCommencementIssuerTenderOffer>
    <dei:Security12bTitle
      contextRef="i67003911b4c74e359fced5174d6dc8c4_D20230206-20230206"
      id="id3VybDovL2RvY3MudjEvZG9jOjA5YTU5NWUxOTY0ODQ4Mjg5MDNjNjg5MzhlMzQ0ZDNhL3NlYzowOWE1OTVlMTk2NDg0ODI4OTAzYzY4OTM4ZTM0NGQzYV8xL2ZyYWc6ZTc4MDg4MmFmMDQ5NGIyNWE0NzA3ZTU5NjE0OTk4ZmQvdGFibGU6OGYzZDBhM2Y4ODJmNGZmOGJlYTMyMTVlYjc3NGZmMWQvdGFibGVyYW5nZTo4ZjNkMGEzZjg4MmY0ZmY4YmVhMzIxNWViNzc0ZmYxZF8xLTAtMS0xLTExMDU2OQ_6b5de117-2fb0-4de0-a661-80bb6b1f8297">Common stock, $0.01 par value</dei:Security12bTitle>
    <dei:TradingSymbol
      contextRef="i67003911b4c74e359fced5174d6dc8c4_D20230206-20230206"
      id="id3VybDovL2RvY3MudjEvZG9jOjA5YTU5NWUxOTY0ODQ4Mjg5MDNjNjg5MzhlMzQ0ZDNhL3NlYzowOWE1OTVlMTk2NDg0ODI4OTAzYzY4OTM4ZTM0NGQzYV8xL2ZyYWc6ZTc4MDg4MmFmMDQ5NGIyNWE0NzA3ZTU5NjE0OTk4ZmQvdGFibGU6OGYzZDBhM2Y4ODJmNGZmOGJlYTMyMTVlYjc3NGZmMWQvdGFibGVyYW5nZTo4ZjNkMGEzZjg4MmY0ZmY4YmVhMzIxNWViNzc0ZmYxZF8xLTEtMS0xLTExMDU2OQ_98a7bcad-93cc-4151-ad5a-7dab1a6000bb">L</dei:TradingSymbol>
    <dei:SecurityExchangeName
      contextRef="i67003911b4c74e359fced5174d6dc8c4_D20230206-20230206"
      id="id3VybDovL2RvY3MudjEvZG9jOjA5YTU5NWUxOTY0ODQ4Mjg5MDNjNjg5MzhlMzQ0ZDNhL3NlYzowOWE1OTVlMTk2NDg0ODI4OTAzYzY4OTM4ZTM0NGQzYV8xL2ZyYWc6ZTc4MDg4MmFmMDQ5NGIyNWE0NzA3ZTU5NjE0OTk4ZmQvdGFibGU6OGYzZDBhM2Y4ODJmNGZmOGJlYTMyMTVlYjc3NGZmMWQvdGFibGVyYW5nZTo4ZjNkMGEzZjg4MmY0ZmY4YmVhMzIxNWViNzc0ZmYxZF8xLTItMS0xLTExMDU2OQ_e849c826-1247-4168-8f1f-3fc90b6533f3">NYSE</dei:SecurityExchangeName>
    <dei:EntityEmergingGrowthCompany
      contextRef="i67003911b4c74e359fced5174d6dc8c4_D20230206-20230206"
      id="id3VybDovL2RvY3MudjEvZG9jOjA5YTU5NWUxOTY0ODQ4Mjg5MDNjNjg5MzhlMzQ0ZDNhL3NlYzowOWE1OTVlMTk2NDg0ODI4OTAzYzY4OTM4ZTM0NGQzYV8xL2ZyYWc6ZTc4MDg4MmFmMDQ5NGIyNWE0NzA3ZTU5NjE0OTk4ZmQvdGFibGU6Y2FjOGE0NDRiYThlNDE5ODliODY5NTI2NDI1NzQxMTkvdGFibGVyYW5nZTpjYWM4YTQ0NGJhOGU0MTk4OWI4Njk1MjY0MjU3NDExOV8wLTEtMS0xLTExMDU2OQ_c44c36fc-b3b4-4838-836b-968137d164c5">false</dei:EntityEmergingGrowthCompany>
    <dei:DocumentPeriodEndDate
      contextRef="i67003911b4c74e359fced5174d6dc8c4_D20230206-20230206"
      id="id3VybDovL2RvY3MudjEvZG9jOjA5YTU5NWUxOTY0ODQ4Mjg5MDNjNjg5MzhlMzQ0ZDNhL3NlYzowOWE1OTVlMTk2NDg0ODI4OTAzYzY4OTM4ZTM0NGQzYV83L2ZyYWc6NmEyNTA0MWIzMjJlNDgxY2E0MTYyZGVmOTYyNjU5NjkvdGV4dHJlZ2lvbjo2YTI1MDQxYjMyMmU0ODFjYTQxNjJkZWY5NjI2NTk2OV82Nw_3e7d0d51-05d4-43c3-8e02-f6d48175384b">2023-02-06</dei:DocumentPeriodEndDate>
    <dei:DocumentPeriodEndDate
      contextRef="i67003911b4c74e359fced5174d6dc8c4_D20230206-20230206"
      id="id3VybDovL2RvY3MudjEvZG9jOjA5YTU5NWUxOTY0ODQ4Mjg5MDNjNjg5MzhlMzQ0ZDNhL3NlYzowOWE1OTVlMTk2NDg0ODI4OTAzYzY4OTM4ZTM0NGQzYV8xMy9mcmFnOmMzOTJlZTZjNGRlODQ0ZWE5MzBkOGMxZmE5YzBiMzZhL3RhYmxlOmRkYWEwYzJkNTZiNzQ0NDZhMzFmOTM5YWJkZWRlMThiL3RhYmxlcmFuZ2U6ZGRhYTBjMmQ1NmI3NDQ0NmEzMWY5MzlhYmRlZGUxOGJfMi0yLTEtMS0xMTA1NjkvdGV4dHJlZ2lvbjozYTg4NGM1YjUzZDg0ZDY0OTI2NmIwM2ZmNWI5NzE3M180NA_3e7d0d51-05d4-43c3-8e02-f6d48175384b">2023-02-06</dei:DocumentPeriodEndDate>
    <dei:DocumentPeriodEndDate
      contextRef="i67003911b4c74e359fced5174d6dc8c4_D20230206-20230206"
      id="id3VybDovL2RvY3MudjEvZG9jOjA5YTU5NWUxOTY0ODQ4Mjg5MDNjNjg5MzhlMzQ0ZDNhL3NlYzowOWE1OTVlMTk2NDg0ODI4OTAzYzY4OTM4ZTM0NGQzYV8xMy9mcmFnOmMzOTJlZTZjNGRlODQ0ZWE5MzBkOGMxZmE5YzBiMzZhL3RhYmxlOmRkYWEwYzJkNTZiNzQ0NDZhMzFmOTM5YWJkZWRlMThiL3RhYmxlcmFuZ2U6ZGRhYTBjMmQ1NmI3NDQ0NmEzMWY5MzlhYmRlZGUxOGJfMy0yLTEtMS0xMzI5MzEvdGV4dHJlZ2lvbjphYjM4YzRlZjlkNmU0M2JjODMwMGVjYjAyZTRhNzIyN180NA_3e7d0d51-05d4-43c3-8e02-f6d48175384b">2023-02-06</dei:DocumentPeriodEndDate>
    <dei:DocumentPeriodEndDate
      contextRef="i67003911b4c74e359fced5174d6dc8c4_D20230206-20230206"
      id="id3VybDovL2RvY3MudjEvZG9jOjA5YTU5NWUxOTY0ODQ4Mjg5MDNjNjg5MzhlMzQ0ZDNhL3NlYzowOWE1OTVlMTk2NDg0ODI4OTAzYzY4OTM4ZTM0NGQzYV8xNi9mcmFnOjg4NDgzMzUzZjBmODQ0N2ZiY2EzZDk4NzA0NzY5N2VhL3RhYmxlOjFhOTE2NzNjNTZjNzQxMTQ4NmViODI1NzBmYmJiYjAzL3RhYmxlcmFuZ2U6MWE5MTY3M2M1NmM3NDExNDg2ZWI4MjU3MGZiYmJiMDNfNC0wLTEtMS0xMTA1NjkvdGV4dHJlZ2lvbjphYmMyNWQzYTNmMjI0ZjJkOGI3MWJjMTU1ZDgxMjhhMF8xMg_3e7d0d51-05d4-43c3-8e02-f6d48175384b">2023-02-06</dei:DocumentPeriodEndDate>
</xbrl>
</XML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EXCEL
<SEQUENCE>11
<FILENAME>Financial_Report.xlsx
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
begin 644 Financial_Report.xlsx
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M]@'X?BVE^6C8\VKQ<\/@7U!+ P04    " #X-496GZ ;\+$"  #B#   #0
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M?P%02P$"% ,4    " #X-496!T%-8H$   "Q    $               @ $
M    9&]C4')O<',O87!P+GAM;%!+ 0(4 Q0    ( /@U1E;1P(G5[@   "L"
M   1              "  :\   !D;V-0<F]P<R]C;W)E+GAM;%!+ 0(4 Q0
M   ( /@U1E:97)PC$ 8  )PG   3              "  <P!  !X;"]T:&5M
M92]T:&5M93$N>&UL4$L! A0#%     @ ^#5&5B=9+C%(!   >A   !@
M         ("!#0@  'AL+W=O<FMS:&5E=',O<VAE970Q+GAM;%!+ 0(4 Q0
M   ( /@U1E:?H!OPL0(  .(,   -              "  8L,  !X;"]S='EL
M97,N>&UL4$L! A0#%     @ ^#5&5I>*NQS     $P(   L
M ( !9P\  %]R96QS+RYR96QS4$L! A0#%     @ ^#5&5JK$(A8S 0  (@(
M  \              ( !4!   'AL+W=O<FMB;V]K+GAM;%!+ 0(4 Q0    (
M /@U1E8D'INBK0   /@!   :              "  ; 1  !X;"]?<F5L<R]W
M;W)K8F]O:RYX;6PN<F5L<U!+ 0(4 Q0    ( /@U1E9ED'F2&0$  ,\#   3
M              "  942  !;0V]N=&5N=%]4>7!E<UTN>&UL4$L%!@     )
-  D /@(  -\3      $!

end
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>12
<FILENAME>Show.js
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
// Edgar(tm) Renderer was created by staff of the U.S. Securities and Exchange Commission.  Data and content created by government employees within the scope of their employment are not subject to domestic copyright protection. 17 U.S.C. 105.
var Show={};Show.LastAR=null,Show.showAR=function(a,r,w){if(Show.LastAR)Show.hideAR();var e=a;while(e&&e.nodeName!='TABLE')e=e.nextSibling;if(!e||e.nodeName!='TABLE'){var ref=((window)?w.document:document).getElementById(r);if(ref){e=ref.cloneNode(!0);
e.removeAttribute('id');a.parentNode.appendChild(e)}}
if(e)e.style.display='block';Show.LastAR=e};Show.hideAR=function(){Show.LastAR.style.display='none'};Show.toggleNext=function(a){var e=a;while(e.nodeName!='DIV')e=e.nextSibling;if(!e.style){}else if(!e.style.display){}else{var d,p_;if(e.style.display=='none'){d='block';p='-'}else{d='none';p='+'}
e.style.display=d;if(a.textContent){a.textContent=p+a.textContent.substring(1)}else{a.innerText=p+a.innerText.substring(1)}}}
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>13
<FILENAME>report.css
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
/* Updated 2009-11-04 */
/* v2.2.0.24 */

/* DefRef Styles */
..report table.authRefData{
	background-color: #def;
	border: 2px solid #2F4497;
	font-size: 1em;
	position: absolute;
}

..report table.authRefData a {
	display: block;
	font-weight: bold;
}

..report table.authRefData p {
	margin-top: 0px;
}

..report table.authRefData .hide {
	background-color: #2F4497;
	padding: 1px 3px 0px 0px;
	text-align: right;
}

..report table.authRefData .hide a:hover {
	background-color: #2F4497;
}

..report table.authRefData .body {
	height: 150px;
	overflow: auto;
	width: 400px;
}

..report table.authRefData table{
	font-size: 1em;
}

/* Report Styles */
..pl a, .pl a:visited {
	color: black;
	text-decoration: none;
}

/* table */
..report {
	background-color: white;
	border: 2px solid #acf;
	clear: both;
	color: black;
	font: normal 8pt Helvetica, Arial, san-serif;
	margin-bottom: 2em;
}

..report hr {
	border: 1px solid #acf;
}

/* Top labels */
..report th {
	background-color: #acf;
	color: black;
	font-weight: bold;
	text-align: center;
}

..report th.void	{
	background-color: transparent;
	color: #000000;
	font: bold 10pt Helvetica, Arial, san-serif;
	text-align: left;
}

..report .pl {
	text-align: left;
	vertical-align: top;
	white-space: normal;
	width: 200px;
	white-space: normal; /* word-wrap: break-word; */
}

..report td.pl a.a {
	cursor: pointer;
	display: block;
	width: 200px;
	overflow: hidden;
}

..report td.pl div.a {
	width: 200px;
}

..report td.pl a:hover {
	background-color: #ffc;
}

/* Header rows... */
..report tr.rh {
	background-color: #acf;
	color: black;
	font-weight: bold;
}

/* Calendars... */
..report .rc {
	background-color: #f0f0f0;
}

/* Even rows... */
..report .re, .report .reu {
	background-color: #def;
}

..report .reu td {
	border-bottom: 1px solid black;
}

/* Odd rows... */
..report .ro, .report .rou {
	background-color: white;
}

..report .rou td {
	border-bottom: 1px solid black;
}

..report .rou table td, .report .reu table td {
	border-bottom: 0px solid black;
}

/* styles for footnote marker */
..report .fn {
	white-space: nowrap;
}

/* styles for numeric types */
..report .num, .report .nump {
	text-align: right;
	white-space: nowrap;
}

..report .nump {
	padding-left: 2em;
}

..report .nump {
	padding: 0px 0.4em 0px 2em;
}

/* styles for text types */
..report .text {
	text-align: left;
	white-space: normal;
}

..report .text .big {
	margin-bottom: 1em;
	width: 17em;
}

..report .text .more {
	display: none;
}

..report .text .note {
	font-style: italic;
	font-weight: bold;
}

..report .text .small {
	width: 10em;
}

..report sup {
	font-style: italic;
}

..report .outerFootnotes {
	font-size: 1em;
}
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>14
<FILENAME>FilingSummary.xml
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<XML>
<?xml version='1.0' encoding='utf-8'?>
<FilingSummary>
  <Version>3.22.4</Version>
  <ProcessingTime/>
  <ReportFormat>html</ReportFormat>
  <ContextCount>1</ContextCount>
  <ElementCount>22</ElementCount>
  <EntityCount>1</EntityCount>
  <FootnotesReported>false</FootnotesReported>
  <SegmentCount>0</SegmentCount>
  <ScenarioCount>0</ScenarioCount>
  <TuplesReported>false</TuplesReported>
  <UnitCount>0</UnitCount>
  <MyReports>
    <Report instance="l-20230206.htm">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R1.htm</HtmlFileName>
      <LongName>0000001 - Document - Cover</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://loews.com/role/Cover</Role>
      <ShortName>Cover</ShortName>
      <MenuCategory>Cover</MenuCategory>
      <Position>1</Position>
    </Report>
    <Report>
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <LongName>All Reports</LongName>
      <ReportType>Book</ReportType>
      <ShortName>All Reports</ShortName>
    </Report>
  </MyReports>
  <InputFiles>
    <File doctype="8-K" original="l-20230206.htm">l-20230206.htm</File>
    <File>exhibit991-q42022.htm</File>
    <File>exhibit992-q42022.htm</File>
    <File>l-20230206.xsd</File>
    <File>l-20230206_def.xml</File>
    <File>l-20230206_lab.xml</File>
    <File>l-20230206_pre.xml</File>
  </InputFiles>
  <SupplementalFiles/>
  <BaseTaxonomies>
    <BaseTaxonomy items="26">http://xbrl.sec.gov/dei/2022</BaseTaxonomy>
  </BaseTaxonomies>
  <HasPresentationLinkbase>true</HasPresentationLinkbase>
  <HasCalculationLinkbase>false</HasCalculationLinkbase>
</FilingSummary>
</XML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>JSON
<SEQUENCE>16
<FILENAME>MetaLinks.json
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
{
 "instance": {
  "l-20230206.htm": {
   "axisCustom": 0,
   "axisStandard": 0,
   "baseTaxonomies": {
    "http://xbrl.sec.gov/dei/2022": 26
   },
   "contextCount": 1,
   "dts": {
    "definitionLink": {
     "local": [
      "l-20230206_def.xml"
     ]
    },
    "inline": {
     "local": [
      "l-20230206.htm"
     ]
    },
    "labelLink": {
     "local": [
      "l-20230206_lab.xml"
     ]
    },
    "presentationLink": {
     "local": [
      "l-20230206_pre.xml"
     ]
    },
    "schema": {
     "local": [
      "l-20230206.xsd"
     ],
     "remote": [
      "http://www.xbrl.org/2003/xbrl-instance-2003-12-31.xsd",
      "http://www.xbrl.org/2003/xbrl-linkbase-2003-12-31.xsd",
      "http://www.xbrl.org/2003/xl-2003-12-31.xsd",
      "http://www.xbrl.org/2003/xlink-2003-12-31.xsd",
      "http://www.xbrl.org/2005/xbrldt-2005.xsd",
      "http://www.xbrl.org/2006/ref-2006-02-27.xsd",
      "http://www.xbrl.org/lrr/role/negated-2009-12-16.xsd",
      "http://www.xbrl.org/lrr/role/net-2009-12-16.xsd",
      "https://www.xbrl.org/2020/extensible-enumerations-2.0.xsd",
      "https://www.xbrl.org/dtr/type/2020-01-21/types.xsd",
      "https://xbrl.fasb.org/srt/2022/elts/srt-2022.xsd",
      "https://xbrl.fasb.org/srt/2022/elts/srt-roles-2022.xsd",
      "https://xbrl.fasb.org/srt/2022/elts/srt-types-2022.xsd",
      "https://xbrl.fasb.org/us-gaap/2022/elts/us-gaap-2022.xsd",
      "https://xbrl.fasb.org/us-gaap/2022/elts/us-roles-2022.xsd",
      "https://xbrl.fasb.org/us-gaap/2022/elts/us-types-2022.xsd",
      "https://xbrl.sec.gov/country/2022/country-2022.xsd",
      "https://xbrl.sec.gov/dei/2022/dei-2022.xsd",
      "https://xbrl.sec.gov/exch/2022/exch-2022.xsd"
     ]
    }
   },
   "elementCount": 31,
   "entityCount": 1,
   "hidden": {
    "http://xbrl.sec.gov/dei/2022": 2,
    "total": 2
   },
   "keyCustom": 0,
   "keyStandard": 22,
   "memberCustom": 0,
   "memberStandard": 0,
   "nsprefix": "l",
   "nsuri": "http://loews.com/20230206",
   "report": {
    "R1": {
     "firstAnchor": {
      "ancestors": [
       "span",
       "div",
       "body",
       "html"
      ],
      "baseRef": "l-20230206.htm",
      "contextRef": "i67003911b4c74e359fced5174d6dc8c4_D20230206-20230206",
      "decimals": null,
      "first": true,
      "lang": "en-US",
      "name": "dei:DocumentType",
      "reportCount": 1,
      "unique": true,
      "unitRef": null,
      "xsiNil": "false"
     },
     "groupType": "document",
     "isDefault": "true",
     "longName": "0000001 - Document - Cover",
     "menuCat": "Cover",
     "order": "1",
     "role": "http://loews.com/role/Cover",
     "shortName": "Cover",
     "subGroupType": "",
     "uniqueAnchor": {
      "ancestors": [
       "span",
       "div",
       "body",
       "html"
      ],
      "baseRef": "l-20230206.htm",
      "contextRef": "i67003911b4c74e359fced5174d6dc8c4_D20230206-20230206",
      "decimals": null,
      "first": true,
      "lang": "en-US",
      "name": "dei:DocumentType",
      "reportCount": 1,
      "unique": true,
      "unitRef": null,
      "xsiNil": "false"
     }
    }
   },
   "segmentCount": 0,
   "tag": {
    "dei_AmendmentFlag": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "Boolean flag that is true when the XBRL content amends previously-filed or accepted submission.",
        "label": "Amendment Flag",
        "terseLabel": "Amendment Flag"
       }
      }
     },
     "localname": "AmendmentFlag",
     "nsuri": "http://xbrl.sec.gov/dei/2022",
     "presentation": [
      "http://loews.com/role/Cover"
     ],
     "xbrltype": "booleanItemType"
    },
    "dei_CityAreaCode": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "Area code of city",
        "label": "City Area Code",
        "terseLabel": "City Area Code"
       }
      }
     },
     "localname": "CityAreaCode",
     "nsuri": "http://xbrl.sec.gov/dei/2022",
     "presentation": [
      "http://loews.com/role/Cover"
     ],
     "xbrltype": "normalizedStringItemType"
    },
    "dei_CoverAbstract": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "Cover page.",
        "label": "Cover [Abstract]"
       }
      }
     },
     "localname": "CoverAbstract",
     "nsuri": "http://xbrl.sec.gov/dei/2022",
     "xbrltype": "stringItemType"
    },
    "dei_DocumentPeriodEndDate": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "For the EDGAR submission types of Form 8-K: the date of the report, the date of the earliest event reported; for the EDGAR submission types of Form N-1A: the filing date; for all other submission types: the end of the reporting or transition period.  The format of the date is YYYY-MM-DD.",
        "label": "Document Period End Date",
        "terseLabel": "Document Period End Date"
       }
      }
     },
     "localname": "DocumentPeriodEndDate",
     "nsuri": "http://xbrl.sec.gov/dei/2022",
     "presentation": [
      "http://loews.com/role/Cover"
     ],
     "xbrltype": "dateItemType"
    },
    "dei_DocumentType": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "The type of document being provided (such as 10-K, 10-Q, 485BPOS, etc). The document type is limited to the same value as the supporting SEC submission type, or the word 'Other'.",
        "label": "Document Type",
        "terseLabel": "Document Type"
       }
      }
     },
     "localname": "DocumentType",
     "nsuri": "http://xbrl.sec.gov/dei/2022",
     "presentation": [
      "http://loews.com/role/Cover"
     ],
     "xbrltype": "submissionTypeItemType"
    },
    "dei_EntitiesTable": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "Container to assemble all relevant information about each entity associated with the document instance",
        "label": "Entities [Table]",
        "terseLabel": "Entities [Table]"
       }
      }
     },
     "localname": "EntitiesTable",
     "nsuri": "http://xbrl.sec.gov/dei/2022",
     "presentation": [
      "http://loews.com/role/Cover"
     ],
     "xbrltype": "stringItemType"
    },
    "dei_EntityAddressAddressLine1": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "Address Line 1 such as Attn, Building Name, Street Name",
        "label": "Entity Address, Address Line One",
        "terseLabel": "Entity Address, Address Line One"
       }
      }
     },
     "localname": "EntityAddressAddressLine1",
     "nsuri": "http://xbrl.sec.gov/dei/2022",
     "presentation": [
      "http://loews.com/role/Cover"
     ],
     "xbrltype": "normalizedStringItemType"
    },
    "dei_EntityAddressCityOrTown": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "Name of the City or Town",
        "label": "Entity Address, City or Town",
        "terseLabel": "Entity Address, City or Town"
       }
      }
     },
     "localname": "EntityAddressCityOrTown",
     "nsuri": "http://xbrl.sec.gov/dei/2022",
     "presentation": [
      "http://loews.com/role/Cover"
     ],
     "xbrltype": "normalizedStringItemType"
    },
    "dei_EntityAddressPostalZipCode": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "Code for the postal or zip code",
        "label": "Entity Address, Postal Zip Code",
        "terseLabel": "Entity Address, Postal Zip Code"
       }
      }
     },
     "localname": "EntityAddressPostalZipCode",
     "nsuri": "http://xbrl.sec.gov/dei/2022",
     "presentation": [
      "http://loews.com/role/Cover"
     ],
     "xbrltype": "normalizedStringItemType"
    },
    "dei_EntityAddressStateOrProvince": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "Name of the state or province.",
        "label": "Entity Address, State or Province",
        "terseLabel": "Entity Address, State or Province"
       }
      }
     },
     "localname": "EntityAddressStateOrProvince",
     "nsuri": "http://xbrl.sec.gov/dei/2022",
     "presentation": [
      "http://loews.com/role/Cover"
     ],
     "xbrltype": "stateOrProvinceItemType"
    },
    "dei_EntityCentralIndexKey": {
     "auth_ref": [
      "r1"
     ],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "A unique 10-digit SEC-issued value to identify entities that have filed disclosures with the SEC. It is commonly abbreviated as CIK.",
        "label": "Entity Central Index Key",
        "terseLabel": "Entity Central Index Key"
       }
      }
     },
     "localname": "EntityCentralIndexKey",
     "nsuri": "http://xbrl.sec.gov/dei/2022",
     "presentation": [
      "http://loews.com/role/Cover"
     ],
     "xbrltype": "centralIndexKeyItemType"
    },
    "dei_EntityEmergingGrowthCompany": {
     "auth_ref": [
      "r1"
     ],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "Indicate if registrant meets the emerging growth company criteria.",
        "label": "Entity Emerging Growth Company",
        "terseLabel": "Entity Emerging Growth Company"
       }
      }
     },
     "localname": "EntityEmergingGrowthCompany",
     "nsuri": "http://xbrl.sec.gov/dei/2022",
     "presentation": [
      "http://loews.com/role/Cover"
     ],
     "xbrltype": "booleanItemType"
    },
    "dei_EntityFileNumber": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "Commission file number. The field allows up to 17 characters. The prefix may contain 1-3 digits, the sequence number may contain 1-8 digits, the optional suffix may contain 1-4 characters, and the fields are separated with a hyphen.",
        "label": "Entity File Number",
        "terseLabel": "Entity File Number"
       }
      }
     },
     "localname": "EntityFileNumber",
     "nsuri": "http://xbrl.sec.gov/dei/2022",
     "presentation": [
      "http://loews.com/role/Cover"
     ],
     "xbrltype": "fileNumberItemType"
    },
    "dei_EntityIncorporationStateCountryCode": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "Two-character EDGAR code representing the state or country of incorporation.",
        "label": "Entity Incorporation, State or Country Code",
        "terseLabel": "Entity Incorporation, State or Country Code"
       }
      }
     },
     "localname": "EntityIncorporationStateCountryCode",
     "nsuri": "http://xbrl.sec.gov/dei/2022",
     "presentation": [
      "http://loews.com/role/Cover"
     ],
     "xbrltype": "edgarStateCountryItemType"
    },
    "dei_EntityInformationLineItems": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table.",
        "label": "Entity Information [Line Items]",
        "terseLabel": "Entity Information [Line Items]"
       }
      }
     },
     "localname": "EntityInformationLineItems",
     "nsuri": "http://xbrl.sec.gov/dei/2022",
     "presentation": [
      "http://loews.com/role/Cover"
     ],
     "xbrltype": "stringItemType"
    },
    "dei_EntityListingsExchangeAxis": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "The axis of a table defines the relationship between the domain members or categories in the table and the line items or concepts that complete the table.",
        "label": "Entity Listings, Exchange [Axis]",
        "terseLabel": "Entity Listings, Exchange [Axis]"
       }
      }
     },
     "localname": "EntityListingsExchangeAxis",
     "nsuri": "http://xbrl.sec.gov/dei/2022",
     "presentation": [
      "http://loews.com/role/Cover"
     ],
     "xbrltype": "stringItemType"
    },
    "dei_EntityRegistrantName": {
     "auth_ref": [
      "r1"
     ],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "The exact name of the entity filing the report as specified in its charter, which is required by forms filed with the SEC.",
        "label": "Entity Registrant Name",
        "terseLabel": "Entity Registrant Name"
       }
      }
     },
     "localname": "EntityRegistrantName",
     "nsuri": "http://xbrl.sec.gov/dei/2022",
     "presentation": [
      "http://loews.com/role/Cover"
     ],
     "xbrltype": "normalizedStringItemType"
    },
    "dei_EntityTaxIdentificationNumber": {
     "auth_ref": [
      "r1"
     ],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "The Tax Identification Number (TIN), also known as an Employer Identification Number (EIN), is a unique 9-digit value assigned by the IRS.",
        "label": "Entity Tax Identification Number",
        "terseLabel": "Entity Tax Identification Number"
       }
      }
     },
     "localname": "EntityTaxIdentificationNumber",
     "nsuri": "http://xbrl.sec.gov/dei/2022",
     "presentation": [
      "http://loews.com/role/Cover"
     ],
     "xbrltype": "employerIdItemType"
    },
    "dei_ExchangeDomain": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "The set of all exchanges. MIC exchange codes are drawn from ISO 10383.",
        "label": "Exchange [Domain]",
        "terseLabel": "Exchange [Domain]"
       }
      }
     },
     "localname": "ExchangeDomain",
     "nsuri": "http://xbrl.sec.gov/dei/2022",
     "presentation": [
      "http://loews.com/role/Cover"
     ],
     "xbrltype": "domainItemType"
    },
    "dei_LocalPhoneNumber": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "Local phone number for entity.",
        "label": "Local Phone Number",
        "terseLabel": "Local Phone Number"
       }
      }
     },
     "localname": "LocalPhoneNumber",
     "nsuri": "http://xbrl.sec.gov/dei/2022",
     "presentation": [
      "http://loews.com/role/Cover"
     ],
     "xbrltype": "normalizedStringItemType"
    },
    "dei_PreCommencementIssuerTenderOffer": {
     "auth_ref": [
      "r3"
     ],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act.",
        "label": "Pre-commencement Issuer Tender Offer",
        "terseLabel": "Pre-commencement Issuer Tender Offer"
       }
      }
     },
     "localname": "PreCommencementIssuerTenderOffer",
     "nsuri": "http://xbrl.sec.gov/dei/2022",
     "presentation": [
      "http://loews.com/role/Cover"
     ],
     "xbrltype": "booleanItemType"
    },
    "dei_PreCommencementTenderOffer": {
     "auth_ref": [
      "r4"
     ],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act.",
        "label": "Pre-commencement Tender Offer",
        "terseLabel": "Pre-commencement Tender Offer"
       }
      }
     },
     "localname": "PreCommencementTenderOffer",
     "nsuri": "http://xbrl.sec.gov/dei/2022",
     "presentation": [
      "http://loews.com/role/Cover"
     ],
     "xbrltype": "booleanItemType"
    },
    "dei_Security12bTitle": {
     "auth_ref": [
      "r0"
     ],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "Title of a 12(b) registered security.",
        "label": "Title of 12(b) Security",
        "terseLabel": "Title of 12(b) Security"
       }
      }
     },
     "localname": "Security12bTitle",
     "nsuri": "http://xbrl.sec.gov/dei/2022",
     "presentation": [
      "http://loews.com/role/Cover"
     ],
     "xbrltype": "securityTitleItemType"
    },
    "dei_SecurityExchangeName": {
     "auth_ref": [
      "r2"
     ],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "Name of the Exchange on which a security is registered.",
        "label": "Security Exchange Name",
        "terseLabel": "Security Exchange Name"
       }
      }
     },
     "localname": "SecurityExchangeName",
     "nsuri": "http://xbrl.sec.gov/dei/2022",
     "presentation": [
      "http://loews.com/role/Cover"
     ],
     "xbrltype": "edgarExchangeCodeItemType"
    },
    "dei_SolicitingMaterial": {
     "auth_ref": [
      "r5"
     ],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as soliciting material pursuant to Rule 14a-12 under the Exchange Act.",
        "label": "Soliciting Material",
        "terseLabel": "Soliciting Material"
       }
      }
     },
     "localname": "SolicitingMaterial",
     "nsuri": "http://xbrl.sec.gov/dei/2022",
     "presentation": [
      "http://loews.com/role/Cover"
     ],
     "xbrltype": "booleanItemType"
    },
    "dei_TradingSymbol": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "Trading symbol of an instrument as listed on an exchange.",
        "label": "Trading Symbol",
        "terseLabel": "Trading Symbol"
       }
      }
     },
     "localname": "TradingSymbol",
     "nsuri": "http://xbrl.sec.gov/dei/2022",
     "presentation": [
      "http://loews.com/role/Cover"
     ],
     "xbrltype": "tradingSymbolItemType"
    },
    "dei_WrittenCommunications": {
     "auth_ref": [
      "r6"
     ],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as written communications pursuant to Rule 425 under the Securities Act.",
        "label": "Written Communications",
        "terseLabel": "Written Communications"
       }
      }
     },
     "localname": "WrittenCommunications",
     "nsuri": "http://xbrl.sec.gov/dei/2022",
     "presentation": [
      "http://loews.com/role/Cover"
     ],
     "xbrltype": "booleanItemType"
    },
    "exch_XNYS": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "label": "NEW YORK STOCK EXCHANGE, INC. [Member]",
        "terseLabel": "NEW YORK STOCK EXCHANGE, INC."
       }
      }
     },
     "localname": "XNYS",
     "nsuri": "http://xbrl.sec.gov/exch/2022",
     "presentation": [
      "http://loews.com/role/Cover"
     ],
     "xbrltype": "domainItemType"
    },
    "l_CommonStock001ParValueMember": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "Common Stock, $0.01 Par Value",
        "label": "Common Stock, $0.01 Par Value [Member]",
        "terseLabel": "Common Stock, $0.01 Par Value"
       }
      }
     },
     "localname": "CommonStock001ParValueMember",
     "nsuri": "http://loews.com/20230206",
     "presentation": [
      "http://loews.com/role/Cover"
     ],
     "xbrltype": "domainItemType"
    },
    "us-gaap_ClassOfStockDomain": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "label": "Class of Stock [Domain]",
        "terseLabel": "Class of Stock [Domain]"
       }
      }
     },
     "localname": "ClassOfStockDomain",
     "nsuri": "http://fasb.org/us-gaap/2022",
     "presentation": [
      "http://loews.com/role/Cover"
     ],
     "xbrltype": "domainItemType"
    },
    "us-gaap_StatementClassOfStockAxis": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "label": "Class of Stock [Axis]",
        "terseLabel": "Class of Stock [Axis]"
       }
      }
     },
     "localname": "StatementClassOfStockAxis",
     "nsuri": "http://fasb.org/us-gaap/2022",
     "presentation": [
      "http://loews.com/role/Cover"
     ],
     "xbrltype": "stringItemType"
    }
   },
   "unitCount": 0
  }
 },
 "std_ref": {
  "r0": {
   "Name": "Exchange Act",
   "Number": "240",
   "Publisher": "SEC",
   "Section": "12",
   "Subsection": "b",
   "role": "http://www.xbrl.org/2003/role/presentationRef"
  },
  "r1": {
   "Name": "Exchange Act",
   "Number": "240",
   "Publisher": "SEC",
   "Section": "12",
   "Subsection": "b-2",
   "role": "http://www.xbrl.org/2003/role/presentationRef"
  },
  "r2": {
   "Name": "Exchange Act",
   "Number": "240",
   "Publisher": "SEC",
   "Section": "12",
   "Subsection": "d1-1",
   "role": "http://www.xbrl.org/2003/role/presentationRef"
  },
  "r3": {
   "Name": "Exchange Act",
   "Number": "240",
   "Publisher": "SEC",
   "Section": "13e",
   "Subsection": "4c",
   "role": "http://www.xbrl.org/2003/role/presentationRef"
  },
  "r4": {
   "Name": "Exchange Act",
   "Number": "240",
   "Publisher": "SEC",
   "Section": "14d",
   "Subsection": "2b",
   "role": "http://www.xbrl.org/2003/role/presentationRef"
  },
  "r5": {
   "Name": "Exchange Act",
   "Number": "240",
   "Publisher": "SEC",
   "Section": "14a",
   "Subsection": "12",
   "role": "http://www.xbrl.org/2003/role/presentationRef"
  },
  "r6": {
   "Name": "Securities Act",
   "Number": "230",
   "Publisher": "SEC",
   "Section": "425",
   "role": "http://www.xbrl.org/2003/role/presentationRef"
  }
 },
 "version": "2.2"
}
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>ZIP
<SEQUENCE>17
<FILENAME>0000060086-23-000013-xbrl.zip
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
begin 644 0000060086-23-000013-xbrl.zip
M4$L#!!0    ( /@U1E92H3(9$BT  $,1 P 5    97AH:6)I=#DY,2UQ-#(P
M,C(N:'1M[5WKD]K&LO]^_XJYCI.SKLO*Z,%KUW'59KTYV5-^'7M3J7Q*#=(
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M)SMJNJ*K9932;94UV-TJ]&;,MLM9OVR'BJI53OE(YBJ2'3-=<A25/242I*;
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MI@$0]GW$')_5X([IB^./X%OXP 4YL4$PX4;CAOT!^4 ]D#0SO$VEVZ((@0?
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M.I29&22"@C):> 4&+\E7'.$5!?F+*ZA-/<1)>/D;]BY--1=K3N$9%^#=F8<
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MS[3/2 N-A]92'E'RWZYK3>#'(!C:;_\?4$L#!!0    ( /@U1E::$X 7RS(
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M4=BAC:;$Y:JQ*(=@,(0+Q.A@E8LIK/=]#(_@M*2_\0E:6QDF+!:ZA*-NMWX
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MA$<DQW/M1,9MCNAJE3%)W,8@WJ(L90\W!/5"E+O@KVS$9T&$$++0B&^S,AT
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MWDKF?+BHUR$A>Z-X?I;BN7<?%,\;GPJ"/&,=@_LO9Q(??[F1)[=!\R]/,1#
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M19QFP>\<^T$-%MJPVUD-ZZ ]>[(%]ER?X7!TT#&^VMX^%P_U.+_VWCIO+\Y
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MRI9M AM^-+UU6_6.NQR!F:-'F>[X_%B'&J3AI';DZ^A%K1;&?GVM1Z7)D;1
MD '(6YM6:EN'\]ZE=Q^GE#+JV_=U9\L"7< Y0KQ+'2ZWLXAC#K(+N)^[Q,9[
M>\KS2JN\\XE62AO$M(])S*D5IFR>:-RK-(U-=VE=3]D*0.G3%3RX!7N [>00
M,Q>]5AG\RDPL($,<-":UGI)<%YRBK5VP7"X["7;8H4WL&H+1^9&6W/Z53'[
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MCR39XY&#51_Y-=D1!$^CGN""YT@C,B,IO==DO)_!KZB:M[7P3VOA((@H0'=
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M)6()!V&W#76:O< RAY'1;,G=9A1TFY9LF!WHNX.-Y?$<\+A^KCRT^KIDF<>
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M8/5JL$^]?_C/?.@IQ%X-^8?3A^2<>9T.Q-;T.Q+E?5K@_=]!&./+H5D]KAB
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M8W=1T<.W&\,.[-Y=J>UZ>&=KUP)P1>_?<%56,IDMGB6W/ HG,0]A+ 20,1,
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MG <Y,2OW>[&>"61B]]:3:KU&6DH,KQ>+NAJZCLGID6O^[<H+> <+#TV.:Z:
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MW?[0_^G_+\&K9_\#4$L! A0#%     @ ^#5&5E*A,AD2+0  0Q$# !4
M         ( !     &5X:&EB:70Y.3$M<30R,#(R+FAT;5!+ 0(4 Q0    (
M /@U1E::$X 7RS(  )2< 0 5              "  44M  !E>&AI8FET.3DR
M+7$T,C R,BYH=&U02P$"% ,4    " #X-4960SP(K8P8  !JJ0  #@
M        @ %#8   ;"TR,#(S,#(P-BYH=&U02P$"% ,4    " #X-496P#H2
M."H#   ("P  #@              @ '[>   ;"TR,#(S,#(P-BYX<V102P$"
M% ,4    " #X-496^UI@[_((  !E00  $@              @ %1?   ;"TR
M,#(S,#(P-E]D968N>&UL4$L! A0#%     @ ^#5&5F)D%6B,#0  @7P  !(
M             ( !<X4  &PM,C R,S R,#9?;&%B+GAM;%!+ 0(4 Q0    (
M /@U1E8N9H=4:P@  &5"   2              "  2^3  !L+3(P,C,P,C V
>7W!R92YX;6Q02P4&      < !P"^ 0  RIL

end
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
