| Cash Flow | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
| Net income | 354 | 428 | 536 | 416 |
| Investment losses | NaN | -81 | NaN | NaN |
| Equity method investees | NaN | -9 | NaN | NaN |
| Amortization of investments | NaN | 208 | NaN | NaN |
| Depreciation and amortization | NaN | 610 | NaN | NaN |
| Provision for deferred income taxes | NaN | 112 | NaN | NaN |
| Other non-cash items | NaN | -122 | NaN | NaN |
| Adjustments to reconcile net income to net cash provided by operating activities, net | -756 | NaN | 604 | 352 |
| Receivables | -1 | 65 | -330 | 427 |
| Deferred acquisition costs | 24 | 1 | -33 | 12 |
| Insurance reserves | 446 | 148 | 108 | 758 |
| Other assets | -83 | -237 | -132 | 54 |
| Other liabilities | -406 | -40 | -242 | -19 |
| Trading securities | 582 | 245 | 187 | -163 |
| Net cash flow provided by operating activities | 72 | 617 | 920 | 1,006 |
| Purchases of fixed maturities | 1,502 | 1,066 | 2,296 | 1,981 |
| Proceeds from sales of fixed maturities | 364 | 514 | 935 | 854 |
| Proceeds from maturities of fixed maturities | 813 | 790 | 954 | 799 |
| Purchases of equity securities | 174 | 164 | 133 | 172 |
| Proceeds from sales of equity securities | 136 | 109 | 135 | 157 |
| Purchases of limited partnership investments | 83 | 107 | 60 | 202 |
| Proceeds from sales of limited partnership investments | 33 | 14 | 38 | 26 |
| Purchases of property, plant and equipment | 204 | 191 | 156 | 134 |
| Dispositions | NaN | NaN | 1 | 0 |
| Acquisitions | NaN | 0 | NaN | NaN |
| Change in short-term investments | -1,576 | 472 | 611 | 167 |
| Other, net | -35 | 37 | 11 | -11 |
| Net cash flow provided (used) by investing activities | 994 | -611 | -1,204 | -809 |
| Dividends paid | 13 | 13 | 13 | 13 |
| Dividends paid to noncontrolling interests | 55 | 10 | 11 | 10 |
| Purchases of loews corporation treasury stock | 31 | 100 | 55 | 257 |
| Purchases of subsidiary stock from noncontrolling interests | 36 | 0 | 0 | 0 |
| Principal payments on debt | 1,051 | 865 | 1 | 2 |
| Issuance of debt | 495 | 907 | 494 | 0 |
| Other, net | -23 | 2 | -6 | -40 |
| Net cash flow used by financing activities | -714 | -79 | 408 | -322 |
| Effect of foreign exchange rate on cash | -4 | 1 | -4 | 12 |
| Net change in cash | 348 | -72 | 120 | -113 |
| Cash, beginning of period | 495 | 567 | 447 | 560 |
| Cash, end of period | 843 | 495 | 567 | 447 |
LOEWS CORP (L)
LOEWS CORP (L)