Loews corp (L)
Income statement / TTM
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14Dec'13Sep'13Jun'13Mar'13Dec'12Sep'12Jun'12Mar'12Dec'11Sep'11Jun'11Mar'11Dec'10Sep'10Jun'10Mar'10Dec'09Sep'09Jun'09Mar'09Sep'08
Revenues:
Insurance premiums

7,494

7,428

7,376

7,339

7,330

7,312

7,256

7,209

7,128

6,988

6,913

6,874

6,870

6,924

6,944

6,928

6,933

6,921

6,958

7,017

7,093

7,212

7,309

7,324

7,313

7,271

7,172

7,128

6,996

6,881

6,759

6,710

6,637

6,603

6,589

6,502

6,515

6,515

6,554

6,616

6,664

6,721

6,834

0

0

0

Net investment income

1,861

2,355

1,999

1,968

1,968

1,817

2,094

2,157

2,084

2,182

2,204

2,208

2,317

2,135

2,017

1,777

1,700

1,866

1,957

2,087

2,174

2,163

2,311

2,465

2,403

2,425

2,122

2,199

2,050

2,177

2,344

1,995

2,128

2,063

2,224

2,545

2,552

2,508

2,388

2,460

2,669

2,499

2,263

0

0

0

Investment gains (losses):
Other-than-temporary impairment losses

-

-

46

35

-

21

14

16

18

14

34

47

60

81

113

151

167

156

159

113

87

77

42

47

58

74

87

134

130

127

128

141

170

175

201

167

184

254

-43

-568

0

-

0

0

-

-

Other net investment gains (losses)

-

-

9

5

-

-36

64

67

115

136

159

201

172

131

102

45

58

85

106

147

109

131

117

88

99

92

82

135

176

198

142

121

159

164

228

284

271

288

525

467

497

499

163

0

0

0

Investment gains (losses)

-198

49

-37

-30

-35

-57

50

51

97

122

125

154

112

50

-11

-106

-109

-71

-53

34

22

54

74

39

39

16

-4

1

35

48

-8

-42

-43

-52

-23

66

58

56

169

7

-301

-853

-1,578

0

0

0

Amount of revenue recognized from non-insurance warranty before deduction of interest expense when recognized as a component of revenue, and sales and trading gain (loss).

1,181

1,161

1,121

1,087

1,050

1,007

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Portion of other-than-temporary impairment losses recognized in Other comprehensive loss

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1

2

2

2

-1

0

11

23

22

22

32

41

-12

-11

-31

-22

118

204

0

-

0

0

-

0

Net impairment losses recognized in earnings

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

43

49

60

76

86

134

141

150

150

163

202

216

251

218

213

232

356

460

798

1,352

1,741

0

0

0

Contract drilling revenues

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,685

1,944

2,204

2,360

2,490

2,619

2,652

2,737

2,771

2,734

2,829

2,844

2,877

2,900

2,881

2,936

2,929

3,076

3,220

3,254

3,345

3,233

3,175

3,230

3,278

3,414

3,525

3,537

3,546

0

0

0

Gain on issuance of subsidiary stock

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

Operating revenues and other

3,935

3,938

3,883

3,911

3,929

3,987

3,800

3,954

4,079

4,053

5,056

4,488

4,016

3,635

2,465

2,439

2,382

2,339

2,251

2,200

2,174

2,159

2,053

2,030

2,031

2,057

1,957

2,014

2,052

2,030

2,304

2,312

2,263

2,261

2,228

2,280

2,270

2,306

2,333

2,262

2,250

2,213

2,200

0

0

0

Total

14,273

14,931

14,342

14,275

14,242

14,066

14,334

14,247

14,016

13,735

13,518

13,284

13,232

13,105

13,100

12,982

13,110

13,415

13,603

13,957

14,115

14,325

14,518

14,592

14,615

14,613

14,124

14,242

14,014

14,072

14,328

14,051

14,205

14,129

14,363

14,626

14,570

14,615

14,722

14,759

14,807

14,117

13,265

0

0

0

Expenses:
Insurance claims and policyholders' benefits

5,874

5,806

5,917

5,615

5,590

5,572

5,235

5,403

5,356

5,310

5,387

5,109

5,168

5,283

5,325

5,323

5,453

5,384

5,358

5,512

5,484

5,591

5,788

5,812

5,856

5,806

5,824

5,881

5,744

5,729

5,522

5,487

5,506

5,489

5,318

5,261

5,041

4,985

5,169

5,108

5,256

5,290

5,438

0

0

0

Amortization of deferred acquisition costs

1,385

1,383

1,368

1,360

1,381

1,335

1,299

1,271

1,224

1,233

1,235

1,240

1,233

1,235

1,530

1,535

1,544

1,540

1,257

1,270

1,291

1,317

1,354

1,363

1,363

1,362

1,341

1,333

1,307

1,274

1,233

1,197

1,174

1,176

1,010

1,064

1,123

1,168

1,392

1,406

1,410

1,417

1,418

0

0

0

Amount of expenses recognized from non-insurance warranty.

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Non-insurance warranty expense

-

-

1,048

1,005

-

923

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Contract drilling expenses

-

-

-

-

-

-

-

-

-

-

-

-

-

-

855

944

1,090

1,228

1,330

1,454

1,505

1,524

1,574

1,594

1,568

1,573

1,541

1,479

1,515

1,537

1,567

1,601

1,584

1,549

1,525

1,484

1,448

1,391

1,325

1,281

1,235

1,224

1,221

0

0

0

Impairment of natural gas and oil properties

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,036

1,036

0

0

0

Operating expenses and other

5,827

4,950

4,805

4,795

4,793

4,828

4,726

4,747

4,799

4,665

5,004

4,657

4,987

4,844

4,889

4,889

4,157

4,499

3,977

4,056

3,927

3,585

3,293

3,093

3,096

3,170

2,704

2,998

3,246

3,084

3,713

3,426

3,249

3,167

3,282

3,769

3,657

3,652

3,484

2,922

2,928

2,972

2,944

0

0

0

Interest

594

591

593

595

574

574

572

649

645

646

637

544

535

536

530

528

532

520

522

515

507

498

473

457

439

425

416

420

423

426

447

464

482

522

539

540

538

517

511

501

484

448

403

0

0

0

Total

14,783

13,812

13,731

13,370

13,305

13,232

12,807

12,810

12,539

12,153

11,936

11,410

11,981

12,169

13,129

13,219

12,776

13,171

12,444

12,807

12,714

12,515

12,482

12,319

12,322

12,336

11,826

12,111

12,235

12,050

12,482

12,175

11,995

11,903

11,674

12,118

11,807

11,713

11,881

11,218

11,313

12,387

12,460

0

0

0

Income (loss) before income tax

-510

1,119

611

905

937

834

1,527

1,437

1,477

1,582

1,582

1,874

1,251

936

-29

-237

334

244

1,159

1,150

1,401

1,810

2,036

2,273

2,293

2,277

2,298

2,131

1,779

2,022

1,846

1,876

2,210

2,226

2,689

2,508

2,763

2,902

2,841

3,541

3,494

1,730

805

0

0

0

Income tax (expense) benefit

59

248

162

206

215

128

79

66

76

170

289

400

343

220

-42

-139

-103

-43

280

313

410

457

576

632

650

656

603

547

400

513

407

431

559

532

737

698

816

894

896

1,078

1,013

345

12

0

0

0

Income from continuing operations

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,353

1,460

1,641

1,643

1,621

0

0

0

-

-

-

-

-

-

-

-

-

0

-

-

-

0

-

-

0

Discontinued operations, net

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-391

-917

-983

-788

-552

0

0

0

-

-

-

-

-

-

-

-

-

0

-

-

-

0

-

-

-

Results of operations

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

Gain on disposal

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

Net income (loss)

-569

871

449

699

722

706

1,448

1,371

1,401

1,412

1,293

1,474

908

716

13

-98

437

287

872

859

827

962

543

658

855

1,069

1,277

1,203

989

1,110

1,439

1,445

1,651

1,694

1,954

1,790

1,927

1,988

1,922

2,461

2,479

1,383

799

0

0

0

Amounts attributable to noncontrolling interests

-475

-61

-101

-57

-15

70

166

210

239

248

320

331

61

62

-150

-116

184

27

203

164

186

371

358

399

443

474

516

547

546

542

568

589

601

632

696

658

679

699

697

804

848

819

775

0

0

0

Net income (loss) attributable to Loews Corporation

-94

932

550

756

737

636

1,282

1,161

1,162

1,164

973

1,143

847

654

163

18

253

260

669

695

641

591

185

259

412

595

761

656

443

568

871

856

1,050

1,062

1,258

1,132

1,248

1,289

1,225

1,657

1,631

564

24

0

0

0

Basic net income per common share:
Income from continuing operations

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0.82

-

-

-

-

-

-

-

-

-

-

-

0.13

-

-

-

-

0.78

-

-

Discontinued operations, net

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-0.09

-

-

-

-

-

-

-

-

-

-

-

-0.04

-

-

-

-

-

-

-

Basic net income per common share

-

-

0.24

0.82

-

-

0.88

0.72

-

1.43

0.46

0.69

0.88

-

0.97

-

0.30

-

-

-

-

-

-

-

-

-

0.73

-

-

-0.08

0.45

0.14

0.93

0.68

0.41

0.61

0.92

-

0.09

0.88

-

-

-

-

-

-

Diluted net income per common share:
Income from continuing operations

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0.82

-

-

-

-

-

-

-

-

-

-

-

0.13

-

-

-

-

0.78

-

-

Discontinued operations, net

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-0.09

-

-

-

-

-

-

-

-

-

-

-

-0.04

-

-

-

-

-

-

-

Diluted net income per common share

-

-

0.24

0.82

-

-

0.88

0.72

-

1.43

0.46

0.69

0.87

-

0.97

-

0.30

-

-

-

-

-

-

0.30

0.15

-

0.73

-

-

-0.08

0.45

0.14

0.92

0.69

0.40

0.61

0.92

-

0.09

0.87

-

-

-

-

-

-

Net income attributable to Loews Corporation:
Income from continuing operations

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

962

1,083

1,222

1,180

1,149

0

0

0

-

-

-

-

-

-

-

-

-

0

-

-

-

0

-

-

-

Discontinued operations, net

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-371

-898

-963

-768

-554

0

0

0

-

-

-

-

-

-

-

-

-

0

-

-

-

0

-

-

-

Net income

-94

932

550

756

737

636

1,282

1,161

1,162

1,164

973

1,143

847

654

163

18

253

260

669

695

641

591

185

259

412

595

761

656

443

568

871

856

1,050

1,062

1,258

1,132

1,248

1,289

1,225

1,657

1,631

564

24

0

0

0

Basic and diluted net income per common share:
Income from continuing operations

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0.58

0.47

0.79

0.68

-

-

0.67

0.60

-

-

-

-

-

-

-

-

-

-

-

-

-

1.08

-

-

-

Discontinued operations, net

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-0.03

0.08

-0.49

-0.53

-

-

0.02

0.02

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Basic and diluted net income (loss) per share (in dollars per share)

-2.20

-

-

-

1.27

-

-

-

0.89

-

-

-

-

-

-

-0.19

-

-

0.50

0.46

0.29

-

0.55

-

-

-

-

0.69

0.62

-

-

-

-

-

-

-

-

-

-

-

0.99

-

1.08

-

-1.49

-

Dividends per share

-

-

-

-

-

-

-

-

-

-

0.06

0.06

0.06

-

0.06

0.06

0.06

0.06

0.06

0.06

0.06

0.06

0.06

0.06

0.06

0.06

0.06

0.06

0.06

0.06

0.06

0.06

0.06

0.06

0.06

0.06

0.06

0.06

0.06

0.06

0.06

0.06

0.06

0.06

0.06

-

Weighted average shares outstanding:
Shares of common stock (in shares)

287

295

301

303

309

313

315

318

327

335

336

336

336

336

337

338

339

346

360

369

372

1,147

380

0

0

1,554

0

0

0

392

394

396

396

396

401

407

412

1,257

417

0

0

428

432

435

435

-

Dilutive potential shares of common stock (in shares)

-

-

0

0

0

-

0

0

0

-

0

0

0

-

0

0

0

-

0

0

0

-

0

0

0

1,558

0

0

0

1,581

0

0

0

1,618

0

0

0

-

0

0

0

-

0

0

-

-

Total weighted average shares outstanding assuming dilution (in shares)

287

296

302

304

310

314

316

319

328

336

337

337

337

337

337

338

339

346

361

369

373

1,149

381

0

0

-

0

0

0

-

395

397

397

-

401

408

413

1,259

418

0

0

429

433

435

435

-