Company: L
Filing Date: 2025-08-04
Form Type: 10-Q
Source: 0000060086-25-000166
Chunk: 4

Company: LOEWS CORP
Filing Date: 2025-08-04
Form: 10-Q
Item: Part I, Item 1
Chunk 4
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517,942 2 2,490 16,464 (1,867)(18)871 Net income808 761 47 Other comprehensive income400 366 34 Dividends paid ($0.125 per share)(91)(26)(65)Purchase of subsidiary stock from noncontrolling interests(34)(3)(1)(30)Purchases of Loews Corporation treasury stock(633)(633)Stock-based compensation(5)(24)19 Other2 4 (1) (1)Balance, June 30, 2025$18,389 $2 $2,467 $17,198 $(1,502)$(651)$875 

See accompanying Notes to Consolidated Condensed Financial Statements.

7

Loews Corporation and Subsidiaries

CONSOLIDATED CONDENSED STATEMENTS OF CASH FLOWS

(Unaudited)

Six Months Ended June 3020252024(In millions)Operating Activities:Net income$808 $880 Adjustments to reconcile net income to net cash provided by operating activities, net361 250 Changes in operating assets and liabilities, net:Receivables(673)(599)Deferred acquisition costs(49)(55)Insurance reserves1,414 1,255 Other assets(146)(172)Other liabilities8 83 Trading securities19 (492)Net cash flow provided by operating activities1,742 1,150  Investing Activities: Purchases of fixed maturities(3,756)(3,338)Proceeds from sales of fixed maturities1,497 1,611 Proceeds from maturities of fixed maturities1,613 1,109 Purchases of equity securities(296)(246)Proceeds from sales of equity securities261 288 Purchases of limited partnership investments(280)(140)Proceeds from sales of limited partnership investments51 30 Purchases of property, plant and equipment(232)(318)Dispositions 23 Change in short-term investments163 (338)Other, net(34)43 Net cash flow used by investing activities(1,013)(1,276) Financing Activities: Dividends paid(26)(28)Dividends paid to noncontrolling interests(65)(65)Purchases of Loews Corporation treasury stock(651)(203)Purchases of subsidiary stock from noncontrolling interests(34)(