LOEWS CORP
For the period ended Dec 31, 2024. Filed Feb 11, 2025.
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A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2024 · Filed Feb 11, 2025
L$109.94+0.2%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Consolidated 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, 2022, as reported | $19,175 | $2 | $2,885 | $14,776 | $186 | $(3) | $1,329 | |||||||
| Cumulative effect adjustments from changes in accounting standards (Note 1) | (1,704) | (22) | (1,506) | (176) | ||||||||||
| Balance, January 1, 2022, as adjusted | 17,471 | 2 | 2,885 | 14,754 | (1,320) | (3) | 1,153 | |||||||
| Net income | 891 | 822 | 69 | |||||||||||
| Other comprehensive loss | (2,219) | (2,000) | (219) | |||||||||||
| Dividends paid ($0.25 per share) | (159) | (61) | (98) | |||||||||||
| Purchase of subsidiary stock from noncontrolling interests | (66) | 4 | (70) | |||||||||||
| Purchases of Loews Corporation treasury stock | (738) | (738) | ||||||||||||
| Retirement of treasury stock | — | (146) | (583) | 729 | ||||||||||
| Stock-based compensation | 21 | 3 | 18 | |||||||||||
| Other | — | 2 | (1) | (1) | ||||||||||
| Balance, December 31, 2022 | $15,201 | $2 | $2,748 | $14,931 | $(3,320) | $(12) | $852 | |||||||
| Net income | 1,545 | 1,434 | 111 | |||||||||||
| Other comprehensive income | 961 | 884 | 77 | |||||||||||
| Dividends paid ($0.25 per share) | (131) | (57) | (74) | |||||||||||
| Purchase of subsidiary stock from noncontrolling interests | (202) | 27 | (61) | (168) | ||||||||||
| Purchases of Loews Corporation treasury stock | (852) | (852) | ||||||||||||
| Retirement of treasury stock | — | (164) | (693) | 857 | ||||||||||
| Stock-based compensation | 26 | 3 | 23 | |||||||||||
| Other | (23) | (25) | 2 | |||||||||||
| Balance, December 31, 2023 | $16,525 | $2 | $2,589 | $15,617 | $(2,497) | $(7) | $821 | |||||||
CONSOLIDATED 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, December 31, 2023 | $16,525 | $2 | $2,589 | $15,617 | $(2,497) | $(7) | $821 | |||||
| Net income | 1,494 | 1,414 | 80 | |||||||||
| Other comprehensive income | 687 | 630 | 57 | |||||||||
| Dividends paid ($0.25 per share) | (140) | (55) | (85) | |||||||||
| Purchase of subsidiary stock from noncontrolling interests | (20) | (20) | ||||||||||
| Purchases of Loews Corporation treasury stock | (617) | (617) | ||||||||||
| Retirement of treasury stock | — | (89) | (517) | 606 | ||||||||
| Stock-based compensation | 19 | (1) | 20 | |||||||||
| Other | (11) | (9) | (2) | |||||||||
| Balance, December 31, 2024 | $17,937 | $2 | $2,490 | $16,459 | $(1,867) | $(18) | $871 | |||||
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.