Company: L
Filing Date: 2025-11-03
Form Type: 10-Q
Source: 0000060086-25-000181
Chunk: 2

Company: LOEWS CORP
Filing Date: 2025-11-03
Form: 10-Q
Item: Part I, Item 1
Chunk 2
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.82 $6.03 $5.54 Weighted average shares outstanding:Shares of common stock207.57219.67209.74221.16Dilutive potential shares of common stock0.140.270.140.27Total weighted average shares outstanding assuming dilution207.71219.94209.88221.43

See accompanying Notes to Consolidated Condensed Financial Statements.

4

Loews Corporation and Subsidiaries

CONSOLIDATED CONDENSED STATEMENTS OF COMPREHENSIVE INCOME (LOSS)

(Unaudited)

Three Months EndedNine Months EndedSeptember 30,September 30,2025202420252024(In millions)     Net income$536 $425 $1,344 $1,305  Other comprehensive income (loss), after taxChanges in:Net unrealized gains (losses) on investments with an allowance for credit losses3 (3)1 (1)Net unrealized gains on other investments556 1,264 912 803 Total unrealized gains on investments559 1,261 913 802 Impact of changes in discount rates used to measure long-duration contract liabilities(150)(623)(267)(9)Unrealized losses on cash flow hedges(7)(6)(6)Pension and postretirement benefits1 9 3 21 Foreign currency translation(39)64 128 21  Other comprehensive income371 704 771 829 Comprehensive income907 1,129 2,115 2,134  Amounts attributable to noncontrolling interests(62)(83)(143)(148) Total comprehensive income attributable to Loews Corporation$845 $1,046 $1,972 $1,986 

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, July 1, 2024$17,201 $2 $2,556 $16,415 $(2,383)$(206)$817 Net income425 401 24 Other comprehensive income704 645 59