Company: L
Filing Date: 2025-05-05
Form Type: 10-Q
Source: 0000060086-25-000091
Chunk: 2

Company: LOEWS CORP
Filing Date: 2025-05-05
Form: 10-Q
Item: Part I, Item 1
Chunk 2
---
 (215)Impact of changes in discount rates used to measure long-duration contract liabilities(114)341 Unrealized gains (losses) on cash flow hedges(3)2 Pension and postretirement benefits1 6 Foreign currency translation37 (33) Other comprehensive income200 101 Comprehensive income592 586  Amounts attributable to noncontrolling interests(39)(36) Total comprehensive income attributable to Loews Corporation$553 $550 

See accompanying Notes to Consolidated Condensed Financial Statements.

5

Loews Corporation and Subsidiaries

CONSOLIDATED CONDENSED STATEMENTS OF EQUITY

(Unaudited)

 Loews Corporation Shareholders   Total Common StockAdditional Paid-in Capital Retained Earnings Accumulated Other Comprehensive Income (Loss) Common Stock Held in Treasury Noncontrolling Interests (In millions)               Balance, January 1, 2024$16,525 $2 $2,589 $15,617 $(2,497)$(7)$821 Net income485 457 28 Other comprehensive income101 93 8 Dividends paid ($0.0625 per share)(70)(14)(56)Purchases of Loews Corporation treasury stock(17)(17)Stock-based compensation(14)(33)19 Other(12)(9)3 (6)Balance, March 31, 2024$16,998 $2 $2,547 $16,060 $(2,401)$(24)$814 Balance, December 31, 2024, as reported$17,937 $2 $2,490 $16,459 $(1,867)$(18)$871 Cumulative effect adjustments from changes in   accounting standards (Note 1)5 5 Balance, January 1, 2025, as adjusted17,942 2 2,490 16,464 (1,867)(18)871 Net income392 370 22 Other comprehensive income200 183 17 Dividends paid ($0.0625 per share)(68)(13)(55)Purchase of subsidiary stock from noncontrolling interests(34)(3)(1)(30)Purchases of Loews Corporation treasury stock(380)(380)Stock-based compensation(16)(34)18 Other(2)(2)