The latest financial statement is for the year ending 2025-12-31.
| Cash Flow | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Net income | 1,772 | 1,494 | 1,545 | 1,103 |
| Investment losses | -81 | -81 | -53 | -199 |
| Equity method investees | -9 | 66 | -18 | -236 |
| Amortization of investments | 208 | 200 | 191 | 129 |
| Depreciation and amortization | 610 | 583 | 538 | 509 |
| Asset impairments | - | - | - | 33 |
| Provision for deferred income taxes | 112 | -45 | 127 | 5 |
| Other non-cash items | -122 | -98 | -109 | -57 |
| Receivables | 408 | 929 | 268 | 316 |
| Deferred acquisition costs | 17 | 69 | 85 | 79 |
| Insurance reserves | 1,670 | 2,365 | 1,667 | 1,791 |
| Other assets | -223 | -417 | 88 | 391 |
| Other liabilities | -274 | -9 | -95 | 137 |
| Trading securities | 413 | 695 | -577 | -159 |
| Net cash flow provided by operating activities | 3,279 | 3,025 | 3,907 | 3,314 |
| Purchases of fixed maturities | 7,118 | 6,353 | 6,616 | 9,821 |
| Proceeds from sales of fixed maturities | 2,946 | 2,793 | 4,029 | 5,909 |
| Proceeds from maturities of fixed maturities | 3,357 | 2,396 | 1,334 | 2,358 |
| Purchases of equity securities | 593 | 444 | 293 | 294 |
| Proceeds from sales of equity securities | 505 | 523 | 317 | 509 |
| Purchases of limited partnership investments | 447 | 335 | 402 | 337 |
| Proceeds from sales of limited partnership investments | 103 | 98 | 231 | 171 |
| Purchases of property, plant and equipment | 579 | 632 | 686 | 660 |
| Acquisitions | 0 | 0 | 401 | 0 |
| Dispositions | - | 23 | 0 | 16 |
| (investment in) sale of interest in altium packaging | - | - | - | 79 |
| Deconsolidation of diamond offshore | - | - | - | 0 |
| (investment in) sale of interest in altium packaging | - | - | 0 | - |
| Change in short term investments | - | - | - | 27 |
| Change in short-term investments | 920 | 30 | 80 | - |
| Other, net | 82 | 14 | 178 | 92 |
| Net cash flow used by investing activities | -2,828 | -1,975 | -2,745 | -2,347 |
| Dividends paid | 52 | 55 | 57 | 61 |
| Dividends paid to noncontrolling interests | 86 | 85 | 74 | 98 |
| Purchases of loews corporation treasury stock | 806 | 608 | 849 | 729 |
| Purchases of subsidiary stock from noncontrolling interests | 34 | 20 | 202 | 66 |
| Principal payments on debt | 869 | 1,366 | 878 | 640 |
| Issuance of debt | 1,401 | 1,294 | 778 | 573 |
| Other, net | -67 | -58 | -18 | -16 |
| Net cash flow used by financing activities | -513 | -898 | -1,300 | -1,037 |
| Effect of foreign exchange rate on cash | 16 | -10 | 5 | -19 |
| Net change in cash | -46 | 142 | -133 | -89 |
| Cash and cash equivalents at beginning of period | 541 | 399 | 532 | 621 |
| Cash and cash equivalents at end of period | 495 | 541 | 399 | 532 |
LOEWS CORP (L)
LOEWS CORP (L)