Company: L
Filing Date: 2025-08-04
Form Type: 10-Q
Source: 0000060086-25-000166
Chunk: 2

Company: LOEWS CORP
Filing Date: 2025-08-04
Form: 10-Q
Item: Part I, Item 1
Chunk 2
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130.27Total weighted average shares outstanding assuming dilution209.36221.60210.97222.18

See accompanying Notes to Consolidated Condensed Financial Statements.

4

Loews Corporation and Subsidiaries

CONSOLIDATED CONDENSED STATEMENTS OF COMPREHENSIVE INCOME (LOSS)

(Unaudited)

Three Months EndedSix Months EndedJune 30,June 30,2025202420252024(In millions)     Net income$416 $395 $808 $880  Other comprehensive income (loss), after taxChanges in:Net unrealized gains (losses) on investments with an allowance for credit losses1 (2)2 Net unrealized gains (losses) on other investments74 (244)356 (461)Total unrealized gains (losses) on investments75 (244)354 (459)Impact of changes in discount rates used to measure long-duration contract liabilities(3)273 (117)614 Unrealized gains (losses) on cash flow hedges(3)(1)(6)1 Pension and postretirement benefits1 6 2 12 Foreign currency translation130 (10)167 (43) Other comprehensive income200 24 400 125 Comprehensive income616 419 1,208 1,005  Amounts attributable to noncontrolling interests(42)(29)(81)(65) Total comprehensive income attributable to Loews Corporation$574 $390 $1,127 $940 

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, April 1, 2024$16,998 $2 $2,547 $16,060 $(2,401)$(24)$814 Net income395 369 26 Other comprehensive income24 21 3 Dividends paid ($0.0625 per share)(23)(14)(9)Purchase of subsidiary stock from noncontrolling interests(20)  (20)Purchases of Loews Corporation treasury stock(182)(