Company: L
Filing Date: 2025-02-11
Form Type: 10-K
Source: 0000060086-25-000036
Chunk: 371

Company: LOEWS CORP
Filing Date: 2025-02-11
Form: 10-K
Item: Item 3
Chunk 371
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$(12)$(1,483)$(329)$9 $(533)$(149)$(2,497)Other comprehensive income (loss) before reclassifications, after tax of $9, $81, $(189), $(1), $(6) and $1(34)(309)712  22 (102)289 Reclassification of losses from accumulated other comprehensive loss, after tax of $(9), $(13), $0, $0, $(86) and $033 47   318  398 Other comprehensive income (loss)(1)(262)712 — 340 (102)687 Amounts attributable to noncontrolling interests 22 (59) (28)8 (57)Other 3   (3) — Balance, December 31, 2024$(13)$(1,720)$324 $9 $(224)$(243)$(1,867)

143

Amounts reclassified from AOCI shown above are reported in Net income (loss) as follows:Major Category of AOCIAffected Line Item  Net unrealized gains (losses) on investments with an allowance for credit losses and Net unrealized gains (losses) on other investmentsInvestment gains (losses)Unrealized gains (losses) on cash flow hedgesOperating revenues and other, Interest expense and Operating expenses and otherPension and postretirement benefitsOperating expenses and otherCommon Stock DividendsLoews Corporation declared and paid dividends of $0.25 per share in the aggregate on its common stock in each of 2024, 2023 and 2022.There are no restrictions on Loews Corporation’s retained earnings or net income with regard to payment of dividends. However, as a holding company, Loews Corporation relies upon invested cash balances and distributions from its subsidiaries to generate the funds necessary to declare and pay any dividends to holders of its common stock. The ability of Loews Corporation’s subsidiaries to pay dividends is subject to, among other things, the availability of sufficient earnings and funds in such subsidiaries, compliance with covenants in their respective credit agreements and applicable state laws, including in the case of the insurance subsidiaries of CNA, laws and rules governing the payment of dividends by regulated insurance companies. See Note 15 for a discussion of the regulatory restrictions on CNA’s availability to pay dividends.Stock PurchasesLoews Corporation repurchased 7.7 million, 14.0 million