LOEWS CORP
For the period ended Jun 30, 2024. Filed Jul 29, 2024.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Jun 30, 2024 · Filed Jul 29, 2024
L$110.93+0.9%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Condensed Statements of Equity
| Loews Corporation Shareholders | |||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total · Common Stock · Additional Paid-in Capital · Retained Earnings · Accumulated Other Comprehensive Income (Loss) · Common Stock Held in Treasury · Noncontrolling Interests | |||||||||||||
| (In millions) | |||||||||||||
| Balance, April 1, 2023 | $15,314 | $2 | $2,716 | $15,293 | $(3,062) | $(498) | $863 | ||||||
| Net income | 388 | 360 | 28 | ||||||||||
| Other comprehensive loss | (109) | (98) | (11) | ||||||||||
| Dividends paid ($0.0625 per share) | (25) | (14) | (11) | ||||||||||
| Purchase of subsidiary stock from noncontrolling interests | (2) | (2) | |||||||||||
| Purchases of Loews Corporation treasury stock | (107) | (107) | |||||||||||
| Stock-based compensation | 9 | 9 | |||||||||||
| Other | 2 | 3 | (2) | 1 | |||||||||
| Balance, June 30, 2023 | $15,470 | $2 | $2,728 | $15,637 | $(3,160) | $(604) | $867 | ||||||
| Balance, April 1, 2024 | $16,998 | $2 | $2,547 | $16,060 | $(2,401) | $(24) | $814 | ||||||
| Net income | 395 | 369 | 26 | ||||||||||
| Other comprehensive income | 24 | 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) | (182) | |||||||||||
| Stock-based compensation | 11 | 11 | |||||||||||
| Other | (2) | (2) | (3) | 3 | |||||||||
| Balance, June 30, 2024 | $17,201 | $2 | $2,556 | $16,415 | $(2,383) | $(206) | $817 | ||||||
CONSOLIDATED CONDENSED STATEMENTS OF EQUITY
| Loews Corporation Shareholders | |||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total · Common Stock · Additional Paid-in Capital · Retained Earnings · Accumulated Other Comprehensive Income (Loss) · Common Stock Held in Treasury · Noncontrolling Interests | |||||||||||||
| (In millions) | |||||||||||||
| Balance, January 1, 2023, as reported | $15,478 | $2 | $2,748 | $15,144 | $(3,284) | $(12) | $880 | ||||||
| Cumulative effect adjustments from changes in accounting standards | (277) | (213) | (36) | (28) | |||||||||
| Balance, January 1, 2023, as adjusted | 15,201 | 2 | 2,748 | 14,931 | (3,320) | (12) | 852 | ||||||
| Net income | 792 | 735 | 57 | ||||||||||
| Other comprehensive income | 180 | 160 | 20 | ||||||||||
| Dividends paid ($0.125 per share) | (84) | (29) | (55) | ||||||||||
| Purchase of subsidiary stock from noncontrolling interests | (26) | (26) | |||||||||||
| Purchases of Loews Corporation treasury stock | (593) | (593) | |||||||||||
| Stock-based compensation | 5 | (17) | 22 | ||||||||||
| Other | (5) | (3) | 1 | (3) | |||||||||
| Balance, June 30, 2023 | $15,470 | $2 | $2,728 | $15,637 | $(3,160) | $(604) | $867 | ||||||
| Balance, January 1, 2024 | $16,525 | $2 | $2,589 | $15,617 | $(2,497) | $(7) | $821 | ||||||
| Net income | 880 | 826 | 54 | ||||||||||
| Other comprehensive income | 125 | 114 | 11 | ||||||||||
| Dividends paid ($0.125 per share) | (93) | (28) | (65) | ||||||||||
| Purchase of subsidiary stock from noncontrolling interests | (20) | (20) | |||||||||||
| Purchases of Loews Corporation treasury stock | (199) | (199) | |||||||||||
| Stock-based compensation | (3) | (22) | 19 | ||||||||||
| Other | (14) | (11) | (3) | ||||||||||
| Balance, June 30, 2024 | $17,201 | $2 | $2,556 | $16,415 | $(2,383) | $(206) | $817 | ||||||
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.