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Workers’ compensation lifetime claim reserves are calculated using mortality assumptions determined through statutory regulation and economic factors. As of December 31, 2024 and 2023, workers’ compensation lifetime claim reserves are discounted at a 3.5 % interest rate. As of December 31, 2024 and 2023, the discounted reserves for workers’ compensation lifetime claim reserves were $ 179 million and $ 196 million, net of discount of $ 80 million and $ 88 million. For the years ended December 31, 2024, 2023 and 2022, the amount of interest accretion recognized on the discounted reserves of workers’ compensation lifetime claim reserves was $ 6 million, $ 9 million and $ 9 million. This interest accretion is presented as a component of Insurance claims and policyholders’ benefits on the Consolidated Statements of Operations, but is excluded from the disclosure of prior year loss reserve development. | text | 80 | monetaryItemType | text: <entity> 80 </entity> <entity type> monetaryItemType </entity type> <context> Workers’ compensation lifetime claim reserves are calculated using mortality assumptions determined through statutory regulation and economic factors. As of December 31, 2024 and 2023, workers’ compensation lifetime claim reserves are discounted at a 3.5 % interest rate. As of December 31, 2024 and 2023, the discounted reserves for workers’ compensation lifetime claim reserves were $ 179 million and $ 196 million, net of discount of $ 80 million and $ 88 million. For the years ended December 31, 2024, 2023 and 2022, the amount of interest accretion recognized on the discounted reserves of workers’ compensation lifetime claim reserves was $ 6 million, $ 9 million and $ 9 million. This interest accretion is presented as a component of Insurance claims and policyholders’ benefits on the Consolidated Statements of Operations, but is excluded from the disclosure of prior year loss reserve development. </context> | us-gaap:ShortDurationContractsDiscountedLiabilitiesAmount |
Workers’ compensation lifetime claim reserves are calculated using mortality assumptions determined through statutory regulation and economic factors. As of December 31, 2024 and 2023, workers’ compensation lifetime claim reserves are discounted at a 3.5 % interest rate. As of December 31, 2024 and 2023, the discounted reserves for workers’ compensation lifetime claim reserves were $ 179 million and $ 196 million, net of discount of $ 80 million and $ 88 million. For the years ended December 31, 2024, 2023 and 2022, the amount of interest accretion recognized on the discounted reserves of workers’ compensation lifetime claim reserves was $ 6 million, $ 9 million and $ 9 million. This interest accretion is presented as a component of Insurance claims and policyholders’ benefits on the Consolidated Statements of Operations, but is excluded from the disclosure of prior year loss reserve development. | text | 88 | monetaryItemType | text: <entity> 88 </entity> <entity type> monetaryItemType </entity type> <context> Workers’ compensation lifetime claim reserves are calculated using mortality assumptions determined through statutory regulation and economic factors. As of December 31, 2024 and 2023, workers’ compensation lifetime claim reserves are discounted at a 3.5 % interest rate. As of December 31, 2024 and 2023, the discounted reserves for workers’ compensation lifetime claim reserves were $ 179 million and $ 196 million, net of discount of $ 80 million and $ 88 million. For the years ended December 31, 2024, 2023 and 2022, the amount of interest accretion recognized on the discounted reserves of workers’ compensation lifetime claim reserves was $ 6 million, $ 9 million and $ 9 million. This interest accretion is presented as a component of Insurance claims and policyholders’ benefits on the Consolidated Statements of Operations, but is excluded from the disclosure of prior year loss reserve development. </context> | us-gaap:ShortDurationContractsDiscountedLiabilitiesAmount |
– Liabilities for insurance-related assessments are accrued when an assessment is probable, when it can be reasonably estimated and when the event obligating the entity to pay an imposed or probable assessment has occurred. Liabilities for insurance-related assessments are not discounted and are included as part of Other liabilities on the Consolidated Balance Sheets. As of December 31, 2024 and 2023, the liability balances were $ 86 million and $ 84 million. | text | 86 | monetaryItemType | text: <entity> 86 </entity> <entity type> monetaryItemType </entity type> <context> – Liabilities for insurance-related assessments are accrued when an assessment is probable, when it can be reasonably estimated and when the event obligating the entity to pay an imposed or probable assessment has occurred. Liabilities for insurance-related assessments are not discounted and are included as part of Other liabilities on the Consolidated Balance Sheets. As of December 31, 2024 and 2023, the liability balances were $ 86 million and $ 84 million. </context> | us-gaap:GuarantyLiabilities |
– Liabilities for insurance-related assessments are accrued when an assessment is probable, when it can be reasonably estimated and when the event obligating the entity to pay an imposed or probable assessment has occurred. Liabilities for insurance-related assessments are not discounted and are included as part of Other liabilities on the Consolidated Balance Sheets. As of December 31, 2024 and 2023, the liability balances were $ 86 million and $ 84 million. | text | 84 | monetaryItemType | text: <entity> 84 </entity> <entity type> monetaryItemType </entity type> <context> – Liabilities for insurance-related assessments are accrued when an assessment is probable, when it can be reasonably estimated and when the event obligating the entity to pay an imposed or probable assessment has occurred. Liabilities for insurance-related assessments are not discounted and are included as part of Other liabilities on the Consolidated Balance Sheets. As of December 31, 2024 and 2023, the liability balances were $ 86 million and $ 84 million. </context> | us-gaap:GuarantyLiabilities |
As of December 31, 2024 and 2023, an allowance for doubtful accounts of $ 21 million and | text | 21 | monetaryItemType | text: <entity> 21 </entity> <entity type> monetaryItemType </entity type> <context> As of December 31, 2024 and 2023, an allowance for doubtful accounts of $ 21 million and </context> | us-gaap:ReinsuranceRecoverablesAllowance |
For the years ended December 31, 2024, 2023 and 2022, approximately 0.3 million, 0.3 million and 0.4 million potential shares attributable to issuances and exercises under the Loews Corporation 2016 Incentive Compensation Plan and the prior plan were included in the calculation of diluted net income per share, and there were | text | 0.3 | sharesItemType | text: <entity> 0.3 </entity> <entity type> sharesItemType </entity type> <context> For the years ended December 31, 2024, 2023 and 2022, approximately 0.3 million, 0.3 million and 0.4 million potential shares attributable to issuances and exercises under the Loews Corporation 2016 Incentive Compensation Plan and the prior plan were included in the calculation of diluted net income per share, and there were </context> | us-gaap:IncrementalCommonSharesAttributableToShareBasedPaymentArrangements |
For the years ended December 31, 2024, 2023 and 2022, approximately 0.3 million, 0.3 million and 0.4 million potential shares attributable to issuances and exercises under the Loews Corporation 2016 Incentive Compensation Plan and the prior plan were included in the calculation of diluted net income per share, and there were | text | 0.4 | sharesItemType | text: <entity> 0.4 </entity> <entity type> sharesItemType </entity type> <context> For the years ended December 31, 2024, 2023 and 2022, approximately 0.3 million, 0.3 million and 0.4 million potential shares attributable to issuances and exercises under the Loews Corporation 2016 Incentive Compensation Plan and the prior plan were included in the calculation of diluted net income per share, and there were </context> | us-gaap:IncrementalCommonSharesAttributableToShareBasedPaymentArrangements |
– Foreign currency translation gains and losses are reflected in Shareholders’ equity as a component of AOCI. Foreign subsidiaries’ balance sheet accounts are translated at the exchange rates in effect at each reporting date and income statement accounts are translated at the average exchange rates during the reporting period. There were foreign currency transaction gains (losses) of $( 7 ) million, $ 8 million and $( 20 ) million for the years ended December 31, 2024, 2023 and 2022 included in the Consolidated Statements of Operations. | text | 7 | monetaryItemType | text: <entity> 7 </entity> <entity type> monetaryItemType </entity type> <context> – Foreign currency translation gains and losses are reflected in Shareholders’ equity as a component of AOCI. Foreign subsidiaries’ balance sheet accounts are translated at the exchange rates in effect at each reporting date and income statement accounts are translated at the average exchange rates during the reporting period. There were foreign currency transaction gains (losses) of $( 7 ) million, $ 8 million and $( 20 ) million for the years ended December 31, 2024, 2023 and 2022 included in the Consolidated Statements of Operations. </context> | us-gaap:ForeignCurrencyTransactionGainLossRealized |
– Foreign currency translation gains and losses are reflected in Shareholders’ equity as a component of AOCI. Foreign subsidiaries’ balance sheet accounts are translated at the exchange rates in effect at each reporting date and income statement accounts are translated at the average exchange rates during the reporting period. There were foreign currency transaction gains (losses) of $( 7 ) million, $ 8 million and $( 20 ) million for the years ended December 31, 2024, 2023 and 2022 included in the Consolidated Statements of Operations. | text | 8 | monetaryItemType | text: <entity> 8 </entity> <entity type> monetaryItemType </entity type> <context> – Foreign currency translation gains and losses are reflected in Shareholders’ equity as a component of AOCI. Foreign subsidiaries’ balance sheet accounts are translated at the exchange rates in effect at each reporting date and income statement accounts are translated at the average exchange rates during the reporting period. There were foreign currency transaction gains (losses) of $( 7 ) million, $ 8 million and $( 20 ) million for the years ended December 31, 2024, 2023 and 2022 included in the Consolidated Statements of Operations. </context> | us-gaap:ForeignCurrencyTransactionGainLossRealized |
– Foreign currency translation gains and losses are reflected in Shareholders’ equity as a component of AOCI. Foreign subsidiaries’ balance sheet accounts are translated at the exchange rates in effect at each reporting date and income statement accounts are translated at the average exchange rates during the reporting period. There were foreign currency transaction gains (losses) of $( 7 ) million, $ 8 million and $( 20 ) million for the years ended December 31, 2024, 2023 and 2022 included in the Consolidated Statements of Operations. | text | 20 | monetaryItemType | text: <entity> 20 </entity> <entity type> monetaryItemType </entity type> <context> – Foreign currency translation gains and losses are reflected in Shareholders’ equity as a component of AOCI. Foreign subsidiaries’ balance sheet accounts are translated at the exchange rates in effect at each reporting date and income statement accounts are translated at the average exchange rates during the reporting period. There were foreign currency transaction gains (losses) of $( 7 ) million, $ 8 million and $( 20 ) million for the years ended December 31, 2024, 2023 and 2022 included in the Consolidated Statements of Operations. </context> | us-gaap:ForeignCurrencyTransactionGainLossRealized |
– Cash payments made for interest on long-term debt, net of capitalized interest, amounted to $ 422 million, $ 385 million and $ 380 million for the years ended December 31, 2024, 2023 and 2022. Cash payments for federal, foreign, state and local income taxes amounted to $ 403 million, $ 304 million and $ 376 million for the years ended December 31, 2024, 2023 and 2022. Investing activities include $ 37 million of previously accrued capital expenditures for the year ended December 31, 2024 and exclude $ 9 million and $ 33 million of accrued capital expenditures for the years ended December 31, 2023 and 2022. | text | 422 | monetaryItemType | text: <entity> 422 </entity> <entity type> monetaryItemType </entity type> <context> – Cash payments made for interest on long-term debt, net of capitalized interest, amounted to $ 422 million, $ 385 million and $ 380 million for the years ended December 31, 2024, 2023 and 2022. Cash payments for federal, foreign, state and local income taxes amounted to $ 403 million, $ 304 million and $ 376 million for the years ended December 31, 2024, 2023 and 2022. Investing activities include $ 37 million of previously accrued capital expenditures for the year ended December 31, 2024 and exclude $ 9 million and $ 33 million of accrued capital expenditures for the years ended December 31, 2023 and 2022. </context> | us-gaap:InterestPaidNet |
– Cash payments made for interest on long-term debt, net of capitalized interest, amounted to $ 422 million, $ 385 million and $ 380 million for the years ended December 31, 2024, 2023 and 2022. Cash payments for federal, foreign, state and local income taxes amounted to $ 403 million, $ 304 million and $ 376 million for the years ended December 31, 2024, 2023 and 2022. Investing activities include $ 37 million of previously accrued capital expenditures for the year ended December 31, 2024 and exclude $ 9 million and $ 33 million of accrued capital expenditures for the years ended December 31, 2023 and 2022. | text | 385 | monetaryItemType | text: <entity> 385 </entity> <entity type> monetaryItemType </entity type> <context> – Cash payments made for interest on long-term debt, net of capitalized interest, amounted to $ 422 million, $ 385 million and $ 380 million for the years ended December 31, 2024, 2023 and 2022. Cash payments for federal, foreign, state and local income taxes amounted to $ 403 million, $ 304 million and $ 376 million for the years ended December 31, 2024, 2023 and 2022. Investing activities include $ 37 million of previously accrued capital expenditures for the year ended December 31, 2024 and exclude $ 9 million and $ 33 million of accrued capital expenditures for the years ended December 31, 2023 and 2022. </context> | us-gaap:InterestPaidNet |
– Cash payments made for interest on long-term debt, net of capitalized interest, amounted to $ 422 million, $ 385 million and $ 380 million for the years ended December 31, 2024, 2023 and 2022. Cash payments for federal, foreign, state and local income taxes amounted to $ 403 million, $ 304 million and $ 376 million for the years ended December 31, 2024, 2023 and 2022. Investing activities include $ 37 million of previously accrued capital expenditures for the year ended December 31, 2024 and exclude $ 9 million and $ 33 million of accrued capital expenditures for the years ended December 31, 2023 and 2022. | text | 380 | monetaryItemType | text: <entity> 380 </entity> <entity type> monetaryItemType </entity type> <context> – Cash payments made for interest on long-term debt, net of capitalized interest, amounted to $ 422 million, $ 385 million and $ 380 million for the years ended December 31, 2024, 2023 and 2022. Cash payments for federal, foreign, state and local income taxes amounted to $ 403 million, $ 304 million and $ 376 million for the years ended December 31, 2024, 2023 and 2022. Investing activities include $ 37 million of previously accrued capital expenditures for the year ended December 31, 2024 and exclude $ 9 million and $ 33 million of accrued capital expenditures for the years ended December 31, 2023 and 2022. </context> | us-gaap:InterestPaidNet |
– Cash payments made for interest on long-term debt, net of capitalized interest, amounted to $ 422 million, $ 385 million and $ 380 million for the years ended December 31, 2024, 2023 and 2022. Cash payments for federal, foreign, state and local income taxes amounted to $ 403 million, $ 304 million and $ 376 million for the years ended December 31, 2024, 2023 and 2022. Investing activities include $ 37 million of previously accrued capital expenditures for the year ended December 31, 2024 and exclude $ 9 million and $ 33 million of accrued capital expenditures for the years ended December 31, 2023 and 2022. | text | 403 | monetaryItemType | text: <entity> 403 </entity> <entity type> monetaryItemType </entity type> <context> – Cash payments made for interest on long-term debt, net of capitalized interest, amounted to $ 422 million, $ 385 million and $ 380 million for the years ended December 31, 2024, 2023 and 2022. Cash payments for federal, foreign, state and local income taxes amounted to $ 403 million, $ 304 million and $ 376 million for the years ended December 31, 2024, 2023 and 2022. Investing activities include $ 37 million of previously accrued capital expenditures for the year ended December 31, 2024 and exclude $ 9 million and $ 33 million of accrued capital expenditures for the years ended December 31, 2023 and 2022. </context> | us-gaap:IncomeTaxesPaid |
– Cash payments made for interest on long-term debt, net of capitalized interest, amounted to $ 422 million, $ 385 million and $ 380 million for the years ended December 31, 2024, 2023 and 2022. Cash payments for federal, foreign, state and local income taxes amounted to $ 403 million, $ 304 million and $ 376 million for the years ended December 31, 2024, 2023 and 2022. Investing activities include $ 37 million of previously accrued capital expenditures for the year ended December 31, 2024 and exclude $ 9 million and $ 33 million of accrued capital expenditures for the years ended December 31, 2023 and 2022. | text | 304 | monetaryItemType | text: <entity> 304 </entity> <entity type> monetaryItemType </entity type> <context> – Cash payments made for interest on long-term debt, net of capitalized interest, amounted to $ 422 million, $ 385 million and $ 380 million for the years ended December 31, 2024, 2023 and 2022. Cash payments for federal, foreign, state and local income taxes amounted to $ 403 million, $ 304 million and $ 376 million for the years ended December 31, 2024, 2023 and 2022. Investing activities include $ 37 million of previously accrued capital expenditures for the year ended December 31, 2024 and exclude $ 9 million and $ 33 million of accrued capital expenditures for the years ended December 31, 2023 and 2022. </context> | us-gaap:IncomeTaxesPaid |
– Cash payments made for interest on long-term debt, net of capitalized interest, amounted to $ 422 million, $ 385 million and $ 380 million for the years ended December 31, 2024, 2023 and 2022. Cash payments for federal, foreign, state and local income taxes amounted to $ 403 million, $ 304 million and $ 376 million for the years ended December 31, 2024, 2023 and 2022. Investing activities include $ 37 million of previously accrued capital expenditures for the year ended December 31, 2024 and exclude $ 9 million and $ 33 million of accrued capital expenditures for the years ended December 31, 2023 and 2022. | text | 376 | monetaryItemType | text: <entity> 376 </entity> <entity type> monetaryItemType </entity type> <context> – Cash payments made for interest on long-term debt, net of capitalized interest, amounted to $ 422 million, $ 385 million and $ 380 million for the years ended December 31, 2024, 2023 and 2022. Cash payments for federal, foreign, state and local income taxes amounted to $ 403 million, $ 304 million and $ 376 million for the years ended December 31, 2024, 2023 and 2022. Investing activities include $ 37 million of previously accrued capital expenditures for the year ended December 31, 2024 and exclude $ 9 million and $ 33 million of accrued capital expenditures for the years ended December 31, 2023 and 2022. </context> | us-gaap:IncomeTaxesPaid |
– Cash payments made for interest on long-term debt, net of capitalized interest, amounted to $ 422 million, $ 385 million and $ 380 million for the years ended December 31, 2024, 2023 and 2022. Cash payments for federal, foreign, state and local income taxes amounted to $ 403 million, $ 304 million and $ 376 million for the years ended December 31, 2024, 2023 and 2022. Investing activities include $ 37 million of previously accrued capital expenditures for the year ended December 31, 2024 and exclude $ 9 million and $ 33 million of accrued capital expenditures for the years ended December 31, 2023 and 2022. | text | 37 | monetaryItemType | text: <entity> 37 </entity> <entity type> monetaryItemType </entity type> <context> – Cash payments made for interest on long-term debt, net of capitalized interest, amounted to $ 422 million, $ 385 million and $ 380 million for the years ended December 31, 2024, 2023 and 2022. Cash payments for federal, foreign, state and local income taxes amounted to $ 403 million, $ 304 million and $ 376 million for the years ended December 31, 2024, 2023 and 2022. Investing activities include $ 37 million of previously accrued capital expenditures for the year ended December 31, 2024 and exclude $ 9 million and $ 33 million of accrued capital expenditures for the years ended December 31, 2023 and 2022. </context> | us-gaap:CapitalExpendituresIncurredButNotYetPaid |
– Cash payments made for interest on long-term debt, net of capitalized interest, amounted to $ 422 million, $ 385 million and $ 380 million for the years ended December 31, 2024, 2023 and 2022. Cash payments for federal, foreign, state and local income taxes amounted to $ 403 million, $ 304 million and $ 376 million for the years ended December 31, 2024, 2023 and 2022. Investing activities include $ 37 million of previously accrued capital expenditures for the year ended December 31, 2024 and exclude $ 9 million and $ 33 million of accrued capital expenditures for the years ended December 31, 2023 and 2022. | text | 9 | monetaryItemType | text: <entity> 9 </entity> <entity type> monetaryItemType </entity type> <context> – Cash payments made for interest on long-term debt, net of capitalized interest, amounted to $ 422 million, $ 385 million and $ 380 million for the years ended December 31, 2024, 2023 and 2022. Cash payments for federal, foreign, state and local income taxes amounted to $ 403 million, $ 304 million and $ 376 million for the years ended December 31, 2024, 2023 and 2022. Investing activities include $ 37 million of previously accrued capital expenditures for the year ended December 31, 2024 and exclude $ 9 million and $ 33 million of accrued capital expenditures for the years ended December 31, 2023 and 2022. </context> | us-gaap:CapitalExpendituresIncurredButNotYetPaid |
– Cash payments made for interest on long-term debt, net of capitalized interest, amounted to $ 422 million, $ 385 million and $ 380 million for the years ended December 31, 2024, 2023 and 2022. Cash payments for federal, foreign, state and local income taxes amounted to $ 403 million, $ 304 million and $ 376 million for the years ended December 31, 2024, 2023 and 2022. Investing activities include $ 37 million of previously accrued capital expenditures for the year ended December 31, 2024 and exclude $ 9 million and $ 33 million of accrued capital expenditures for the years ended December 31, 2023 and 2022. | text | 33 | monetaryItemType | text: <entity> 33 </entity> <entity type> monetaryItemType </entity type> <context> – Cash payments made for interest on long-term debt, net of capitalized interest, amounted to $ 422 million, $ 385 million and $ 380 million for the years ended December 31, 2024, 2023 and 2022. Cash payments for federal, foreign, state and local income taxes amounted to $ 403 million, $ 304 million and $ 376 million for the years ended December 31, 2024, 2023 and 2022. Investing activities include $ 37 million of previously accrued capital expenditures for the year ended December 31, 2024 and exclude $ 9 million and $ 33 million of accrued capital expenditures for the years ended December 31, 2023 and 2022. </context> | us-gaap:CapitalExpendituresIncurredButNotYetPaid |
In December of 2023, the FASB issued ASU 2023-08, “Intangibles-Goodwill and Other- Crypto Assets (Subtopic 350-60): Accounting for and Disclosure of Crypto Assets.” The updated accounting guidance requires that an entity measure crypto assets at fair value in the statement of financial position each reporting period and recognize changes from remeasurement in net income. The guidance is effective for fiscal years beginning after December 15, 2024, including interim periods within those fiscal years. The update requires a cumulative-effect adjustment to the opening balance at the date of adoption. At adoption on January 1, 2025, the Company estimates an increase to Retained earnings of $ 5 million. | text | 5 | monetaryItemType | text: <entity> 5 </entity> <entity type> monetaryItemType </entity type> <context> In December of 2023, the FASB issued ASU 2023-08, “Intangibles-Goodwill and Other- Crypto Assets (Subtopic 350-60): Accounting for and Disclosure of Crypto Assets.” The updated accounting guidance requires that an entity measure crypto assets at fair value in the statement of financial position each reporting period and recognize changes from remeasurement in net income. The guidance is effective for fiscal years beginning after December 15, 2024, including interim periods within those fiscal years. The update requires a cumulative-effect adjustment to the opening balance at the date of adoption. At adoption on January 1, 2025, the Company estimates an increase to Retained earnings of $ 5 million. </context> | us-gaap:StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest |
On September 29, 2023, Boardwalk Pipelines acquired 100 % of the equity interests of Williams Olefins Pipeline Holdco LLC (“Bayou Ethane”) from Williams Field Services Group, LLC for $ 355 million in cash. | text | 100 | percentItemType | text: <entity> 100 </entity> <entity type> percentItemType </entity type> <context> On September 29, 2023, Boardwalk Pipelines acquired 100 % of the equity interests of Williams Olefins Pipeline Holdco LLC (“Bayou Ethane”) from Williams Field Services Group, LLC for $ 355 million in cash. </context> | us-gaap:BusinessAcquisitionPercentageOfVotingInterestsAcquired |
On September 29, 2023, Boardwalk Pipelines acquired 100 % of the equity interests of Williams Olefins Pipeline Holdco LLC (“Bayou Ethane”) from Williams Field Services Group, LLC for $ 355 million in cash. | text | 355 | monetaryItemType | text: <entity> 355 </entity> <entity type> monetaryItemType </entity type> <context> On September 29, 2023, Boardwalk Pipelines acquired 100 % of the equity interests of Williams Olefins Pipeline Holdco LLC (“Bayou Ethane”) from Williams Field Services Group, LLC for $ 355 million in cash. </context> | us-gaap:PaymentsToAcquireBusinessesGross |
. Upon acquisition, $ 232 million | text | 232 | monetaryItemType | text: <entity> 232 </entity> <entity type> monetaryItemType </entity type> <context> . Upon acquisition, $ 232 million </context> | us-gaap:Assets |
Investment gains (losses) for the year ended December 31, 2022 in the table above include an $ 18 million net gain related to the novation of a coinsurance agreement on CNA’s legacy annuity business, which was transacted on a funds withheld basis and gave rise to an embedded derivative. The net gain of $ 18 million is comprised of a $ 62 million gain on the associated embedded derivative partially offset by a $ 44 million loss on fixed maturity securities supporting the funds withheld liability, transferred with the novation, to recognize unrealized losses which had been included in AOCI since the inception of the coinsurance agreement. Taken together, this net gain is the final recognition of changes in the valuation of the funds held assets and offsets previously recognized investment losses on the associated embedded derivative. The coinsurance agreement was novated in the fourth quarter of 2022. | text | 44 | monetaryItemType | text: <entity> 44 </entity> <entity type> monetaryItemType </entity type> <context> Investment gains (losses) for the year ended December 31, 2022 in the table above include an $ 18 million net gain related to the novation of a coinsurance agreement on CNA’s legacy annuity business, which was transacted on a funds withheld basis and gave rise to an embedded derivative. The net gain of $ 18 million is comprised of a $ 62 million gain on the associated embedded derivative partially offset by a $ 44 million loss on fixed maturity securities supporting the funds withheld liability, transferred with the novation, to recognize unrealized losses which had been included in AOCI since the inception of the coinsurance agreement. Taken together, this net gain is the final recognition of changes in the valuation of the funds held assets and offsets previously recognized investment losses on the associated embedded derivative. The coinsurance agreement was novated in the fourth quarter of 2022. </context> | us-gaap:EmbeddedDerivativeLossOnEmbeddedDerivative |
No losses were recognized on mortgage loans during the year ended December 31, 2024. For the years ended December 31, 2023 and 2022, there were $ 11 million and $ 8 million of losses related to mortgage loans primarily due to changes in expected credit losses. | text | No | monetaryItemType | text: <entity> No </entity> <entity type> monetaryItemType </entity type> <context> No losses were recognized on mortgage loans during the year ended December 31, 2024. For the years ended December 31, 2023 and 2022, there were $ 11 million and $ 8 million of losses related to mortgage loans primarily due to changes in expected credit losses. </context> | us-gaap:FinancingReceivableExcludingAccruedInterestCreditLossExpenseReversal |
No losses were recognized on mortgage loans during the year ended December 31, 2024. For the years ended December 31, 2023 and 2022, there were $ 11 million and $ 8 million of losses related to mortgage loans primarily due to changes in expected credit losses. | text | 11 | monetaryItemType | text: <entity> 11 </entity> <entity type> monetaryItemType </entity type> <context> No losses were recognized on mortgage loans during the year ended December 31, 2024. For the years ended December 31, 2023 and 2022, there were $ 11 million and $ 8 million of losses related to mortgage loans primarily due to changes in expected credit losses. </context> | us-gaap:FinancingReceivableExcludingAccruedInterestCreditLossExpenseReversal |
No losses were recognized on mortgage loans during the year ended December 31, 2024. For the years ended December 31, 2023 and 2022, there were $ 11 million and $ 8 million of losses related to mortgage loans primarily due to changes in expected credit losses. | text | 8 | monetaryItemType | text: <entity> 8 </entity> <entity type> monetaryItemType </entity type> <context> No losses were recognized on mortgage loans during the year ended December 31, 2024. For the years ended December 31, 2023 and 2022, there were $ 11 million and $ 8 million of losses related to mortgage loans primarily due to changes in expected credit losses. </context> | us-gaap:FinancingReceivableExcludingAccruedInterestCreditLossExpenseReversal |
The net change in unrealized gains (losses) on fixed maturity securities, was $( 352 ) million, $ 1.4 billion and $( 7.9 ) billion for the years ended December 31, 2024, 2023 and 2022. | text | 352 | monetaryItemType | text: <entity> 352 </entity> <entity type> monetaryItemType </entity type> <context> The net change in unrealized gains (losses) on fixed maturity securities, was $( 352 ) million, $ 1.4 billion and $( 7.9 ) billion for the years ended December 31, 2024, 2023 and 2022. </context> | us-gaap:DebtSecuritiesAvailableForSaleUnrealizedGainLoss |
The net change in unrealized gains (losses) on fixed maturity securities, was $( 352 ) million, $ 1.4 billion and $( 7.9 ) billion for the years ended December 31, 2024, 2023 and 2022. | text | 1.4 | monetaryItemType | text: <entity> 1.4 </entity> <entity type> monetaryItemType </entity type> <context> The net change in unrealized gains (losses) on fixed maturity securities, was $( 352 ) million, $ 1.4 billion and $( 7.9 ) billion for the years ended December 31, 2024, 2023 and 2022. </context> | us-gaap:DebtSecuritiesAvailableForSaleUnrealizedGainLoss |
The net change in unrealized gains (losses) on fixed maturity securities, was $( 352 ) million, $ 1.4 billion and $( 7.9 ) billion for the years ended December 31, 2024, 2023 and 2022. | text | 7.9 | monetaryItemType | text: <entity> 7.9 </entity> <entity type> monetaryItemType </entity type> <context> The net change in unrealized gains (losses) on fixed maturity securities, was $( 352 ) million, $ 1.4 billion and $( 7.9 ) billion for the years ended December 31, 2024, 2023 and 2022. </context> | us-gaap:DebtSecuritiesAvailableForSaleUnrealizedGainLoss |
The following tables present the activity related to the allowance on available-for-sale securities with credit impairments and purchased credit-deteriorated (“PCD”) assets. Accrued interest receivables on available-for-sale fixed maturity securities totaled $ 442 million and $ 435 million as of December 31, 2024 and 2023 and are excluded from the estimate of expected credit losses and the amortized cost basis in the tables within this Note. | text | 442 | monetaryItemType | text: <entity> 442 </entity> <entity type> monetaryItemType </entity type> <context> The following tables present the activity related to the allowance on available-for-sale securities with credit impairments and purchased credit-deteriorated (“PCD”) assets. Accrued interest receivables on available-for-sale fixed maturity securities totaled $ 442 million and $ 435 million as of December 31, 2024 and 2023 and are excluded from the estimate of expected credit losses and the amortized cost basis in the tables within this Note. </context> | us-gaap:DebtSecuritiesAvailableForSaleAccruedInterestAfterAllowanceForCreditLoss |
The following tables present the activity related to the allowance on available-for-sale securities with credit impairments and purchased credit-deteriorated (“PCD”) assets. Accrued interest receivables on available-for-sale fixed maturity securities totaled $ 442 million and $ 435 million as of December 31, 2024 and 2023 and are excluded from the estimate of expected credit losses and the amortized cost basis in the tables within this Note. | text | 435 | monetaryItemType | text: <entity> 435 </entity> <entity type> monetaryItemType </entity type> <context> The following tables present the activity related to the allowance on available-for-sale securities with credit impairments and purchased credit-deteriorated (“PCD”) assets. Accrued interest receivables on available-for-sale fixed maturity securities totaled $ 442 million and $ 435 million as of December 31, 2024 and 2023 and are excluded from the estimate of expected credit losses and the amortized cost basis in the tables within this Note. </context> | us-gaap:DebtSecuritiesAvailableForSaleAccruedInterestAfterAllowanceForCreditLoss |
The carrying value of limited partnerships as of December 31, 2024 and 2023 was approximately $ 2.5 billion and $ 2.2 billion, which includes net undistributed earnings of $ 334 million and $ 250 million. Limited partnerships comprising 14 % of the total carrying value are reported on a current basis through December 31, 2024 with no reporting lag, 3 % of the total carrying value are reported on a one month lag and the remainder are reported on more than a one month lag. The number of limited partnerships held and the strategies employed provide diversification to the limited partnership portfolio and the overall invested asset portfolio. | text | 2.5 | monetaryItemType | text: <entity> 2.5 </entity> <entity type> monetaryItemType </entity type> <context> The carrying value of limited partnerships as of December 31, 2024 and 2023 was approximately $ 2.5 billion and $ 2.2 billion, which includes net undistributed earnings of $ 334 million and $ 250 million. Limited partnerships comprising 14 % of the total carrying value are reported on a current basis through December 31, 2024 with no reporting lag, 3 % of the total carrying value are reported on a one month lag and the remainder are reported on more than a one month lag. The number of limited partnerships held and the strategies employed provide diversification to the limited partnership portfolio and the overall invested asset portfolio. </context> | us-gaap:InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures |
The carrying value of limited partnerships as of December 31, 2024 and 2023 was approximately $ 2.5 billion and $ 2.2 billion, which includes net undistributed earnings of $ 334 million and $ 250 million. Limited partnerships comprising 14 % of the total carrying value are reported on a current basis through December 31, 2024 with no reporting lag, 3 % of the total carrying value are reported on a one month lag and the remainder are reported on more than a one month lag. The number of limited partnerships held and the strategies employed provide diversification to the limited partnership portfolio and the overall invested asset portfolio. | text | 2.2 | monetaryItemType | text: <entity> 2.2 </entity> <entity type> monetaryItemType </entity type> <context> The carrying value of limited partnerships as of December 31, 2024 and 2023 was approximately $ 2.5 billion and $ 2.2 billion, which includes net undistributed earnings of $ 334 million and $ 250 million. Limited partnerships comprising 14 % of the total carrying value are reported on a current basis through December 31, 2024 with no reporting lag, 3 % of the total carrying value are reported on a one month lag and the remainder are reported on more than a one month lag. The number of limited partnerships held and the strategies employed provide diversification to the limited partnership portfolio and the overall invested asset portfolio. </context> | us-gaap:InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures |
The carrying value of limited partnerships as of December 31, 2024 and 2023 was approximately $ 2.5 billion and $ 2.2 billion, which includes net undistributed earnings of $ 334 million and $ 250 million. Limited partnerships comprising 14 % of the total carrying value are reported on a current basis through December 31, 2024 with no reporting lag, 3 % of the total carrying value are reported on a one month lag and the remainder are reported on more than a one month lag. The number of limited partnerships held and the strategies employed provide diversification to the limited partnership portfolio and the overall invested asset portfolio. | text | 334 | monetaryItemType | text: <entity> 334 </entity> <entity type> monetaryItemType </entity type> <context> The carrying value of limited partnerships as of December 31, 2024 and 2023 was approximately $ 2.5 billion and $ 2.2 billion, which includes net undistributed earnings of $ 334 million and $ 250 million. Limited partnerships comprising 14 % of the total carrying value are reported on a current basis through December 31, 2024 with no reporting lag, 3 % of the total carrying value are reported on a one month lag and the remainder are reported on more than a one month lag. The number of limited partnerships held and the strategies employed provide diversification to the limited partnership portfolio and the overall invested asset portfolio. </context> | us-gaap:UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic |
The carrying value of limited partnerships as of December 31, 2024 and 2023 was approximately $ 2.5 billion and $ 2.2 billion, which includes net undistributed earnings of $ 334 million and $ 250 million. Limited partnerships comprising 14 % of the total carrying value are reported on a current basis through December 31, 2024 with no reporting lag, 3 % of the total carrying value are reported on a one month lag and the remainder are reported on more than a one month lag. The number of limited partnerships held and the strategies employed provide diversification to the limited partnership portfolio and the overall invested asset portfolio. | text | 250 | monetaryItemType | text: <entity> 250 </entity> <entity type> monetaryItemType </entity type> <context> The carrying value of limited partnerships as of December 31, 2024 and 2023 was approximately $ 2.5 billion and $ 2.2 billion, which includes net undistributed earnings of $ 334 million and $ 250 million. Limited partnerships comprising 14 % of the total carrying value are reported on a current basis through December 31, 2024 with no reporting lag, 3 % of the total carrying value are reported on a one month lag and the remainder are reported on more than a one month lag. The number of limited partnerships held and the strategies employed provide diversification to the limited partnership portfolio and the overall invested asset portfolio. </context> | us-gaap:UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic |
The ten largest limited partnership positions held totaled $ 648 million and $ 622 million as of December 31, 2024 and 2023. Based on the most recent information available regarding percentage ownership of the individual limited partnerships, the carrying value reflected on the Consolidated Balance Sheets represents approximately 1 % of the aggregate partnership equity at December 31, 2024 and 2023, and the related income reflected on the Consolidated Statements of Operations represents approximately 1 %, 1 %, and 2 % of the changes in aggregate partnership equity for the years ended December 31, 2024, 2023 and 2022. | text | 648 | monetaryItemType | text: <entity> 648 </entity> <entity type> monetaryItemType </entity type> <context> The ten largest limited partnership positions held totaled $ 648 million and $ 622 million as of December 31, 2024 and 2023. Based on the most recent information available regarding percentage ownership of the individual limited partnerships, the carrying value reflected on the Consolidated Balance Sheets represents approximately 1 % of the aggregate partnership equity at December 31, 2024 and 2023, and the related income reflected on the Consolidated Statements of Operations represents approximately 1 %, 1 %, and 2 % of the changes in aggregate partnership equity for the years ended December 31, 2024, 2023 and 2022. </context> | us-gaap:InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures |
The ten largest limited partnership positions held totaled $ 648 million and $ 622 million as of December 31, 2024 and 2023. Based on the most recent information available regarding percentage ownership of the individual limited partnerships, the carrying value reflected on the Consolidated Balance Sheets represents approximately 1 % of the aggregate partnership equity at December 31, 2024 and 2023, and the related income reflected on the Consolidated Statements of Operations represents approximately 1 %, 1 %, and 2 % of the changes in aggregate partnership equity for the years ended December 31, 2024, 2023 and 2022. | text | 622 | monetaryItemType | text: <entity> 622 </entity> <entity type> monetaryItemType </entity type> <context> The ten largest limited partnership positions held totaled $ 648 million and $ 622 million as of December 31, 2024 and 2023. Based on the most recent information available regarding percentage ownership of the individual limited partnerships, the carrying value reflected on the Consolidated Balance Sheets represents approximately 1 % of the aggregate partnership equity at December 31, 2024 and 2023, and the related income reflected on the Consolidated Statements of Operations represents approximately 1 %, 1 %, and 2 % of the changes in aggregate partnership equity for the years ended December 31, 2024, 2023 and 2022. </context> | us-gaap:InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures |
the notional value of the credit default swap index is $ 2 billion and the fair value is less than $ 1 million which is recognized in Payable to brokers in the Consolidated Balance Sheets. The fair value of the position is measured using observable market inputs, including credit spreads. For the year ended | text | 2 | monetaryItemType | text: <entity> 2 </entity> <entity type> monetaryItemType </entity type> <context> the notional value of the credit default swap index is $ 2 billion and the fair value is less than $ 1 million which is recognized in Payable to brokers in the Consolidated Balance Sheets. The fair value of the position is measured using observable market inputs, including credit spreads. For the year ended </context> | us-gaap:DerivativeNotionalAmount |
the notional value of the credit default swap index is $ 2 billion and the fair value is less than $ 1 million which is recognized in Payable to brokers in the Consolidated Balance Sheets. The fair value of the position is measured using observable market inputs, including credit spreads. For the year ended | text | 1 | monetaryItemType | text: <entity> 1 </entity> <entity type> monetaryItemType </entity type> <context> the notional value of the credit default swap index is $ 2 billion and the fair value is less than $ 1 million which is recognized in Payable to brokers in the Consolidated Balance Sheets. The fair value of the position is measured using observable market inputs, including credit spreads. For the year ended </context> | us-gaap:DerivativeLiabilities |
, Net investment income related to the position was less than $ 1 million. | text | 1 | monetaryItemType | text: <entity> 1 </entity> <entity type> monetaryItemType </entity type> <context> , Net investment income related to the position was less than $ 1 million. </context> | us-gaap:NetInvestmentIncome |
As part of the overall investment strategy, investments are made in various assets which require future purchase, sale or funding commitments. These investments are recorded once funded, and the related commitments may include future capital calls from various third-party limited partnerships, signed and accepted mortgage loan applications and obligations related to private placement securities. As of December 31, 2024, commitments to purchase or fund were approximately $ 1.7 billion and to sell were approximately $ 30 million under the terms of these investments. | text | 1.7 | monetaryItemType | text: <entity> 1.7 </entity> <entity type> monetaryItemType </entity type> <context> As part of the overall investment strategy, investments are made in various assets which require future purchase, sale or funding commitments. These investments are recorded once funded, and the related commitments may include future capital calls from various third-party limited partnerships, signed and accepted mortgage loan applications and obligations related to private placement securities. As of December 31, 2024, commitments to purchase or fund were approximately $ 1.7 billion and to sell were approximately $ 30 million under the terms of these investments. </context> | us-gaap:PurchaseObligation |
Cash and securities with carrying values of approximately $ 0.7 billion and | text | 0.7 | monetaryItemType | text: <entity> 0.7 </entity> <entity type> monetaryItemType </entity type> <context> Cash and securities with carrying values of approximately $ 0.7 billion and </context> | us-gaap:CashAndSecuritiesSegregatedUnderSecuritiesExchangeCommissionRegulation |
Capitalized interest related to the construction and upgrade of qualifying assets amounted to approximately $ 27 million, $ 32 million and $ 17 million for the years ended December 31, 2024, 2023 and 2022. | text | 27 | monetaryItemType | text: <entity> 27 </entity> <entity type> monetaryItemType </entity type> <context> Capitalized interest related to the construction and upgrade of qualifying assets amounted to approximately $ 27 million, $ 32 million and $ 17 million for the years ended December 31, 2024, 2023 and 2022. </context> | us-gaap:InterestCostsCapitalized |
Capitalized interest related to the construction and upgrade of qualifying assets amounted to approximately $ 27 million, $ 32 million and $ 17 million for the years ended December 31, 2024, 2023 and 2022. | text | 32 | monetaryItemType | text: <entity> 32 </entity> <entity type> monetaryItemType </entity type> <context> Capitalized interest related to the construction and upgrade of qualifying assets amounted to approximately $ 27 million, $ 32 million and $ 17 million for the years ended December 31, 2024, 2023 and 2022. </context> | us-gaap:InterestCostsCapitalized |
Capitalized interest related to the construction and upgrade of qualifying assets amounted to approximately $ 27 million, $ 32 million and $ 17 million for the years ended December 31, 2024, 2023 and 2022. | text | 17 | monetaryItemType | text: <entity> 17 </entity> <entity type> monetaryItemType </entity type> <context> Capitalized interest related to the construction and upgrade of qualifying assets amounted to approximately $ 27 million, $ 32 million and $ 17 million for the years ended December 31, 2024, 2023 and 2022. </context> | us-gaap:InterestCostsCapitalized |
Loews Hotels & Co evaluates properties with indications that their carrying amounts may not be recoverable. It was determined that the carrying values of two properties in 2023 and two properties in 2022 were impaired. Loews Hotels & Co recorded aggregate impairment charges of $ 12 million ($ 9 million after tax) and $ 25 million ($ 19 million after tax) for the years ended December 31, 2023 and 2022, which are reported within Operating expenses and other on the Consolidated Statements of Operations. | text | 12 | monetaryItemType | text: <entity> 12 </entity> <entity type> monetaryItemType </entity type> <context> Loews Hotels & Co evaluates properties with indications that their carrying amounts may not be recoverable. It was determined that the carrying values of two properties in 2023 and two properties in 2022 were impaired. Loews Hotels & Co recorded aggregate impairment charges of $ 12 million ($ 9 million after tax) and $ 25 million ($ 19 million after tax) for the years ended December 31, 2023 and 2022, which are reported within Operating expenses and other on the Consolidated Statements of Operations. </context> | us-gaap:AssetImpairmentCharges |
Loews Hotels & Co evaluates properties with indications that their carrying amounts may not be recoverable. It was determined that the carrying values of two properties in 2023 and two properties in 2022 were impaired. Loews Hotels & Co recorded aggregate impairment charges of $ 12 million ($ 9 million after tax) and $ 25 million ($ 19 million after tax) for the years ended December 31, 2023 and 2022, which are reported within Operating expenses and other on the Consolidated Statements of Operations. | text | 25 | monetaryItemType | text: <entity> 25 </entity> <entity type> monetaryItemType </entity type> <context> Loews Hotels & Co evaluates properties with indications that their carrying amounts may not be recoverable. It was determined that the carrying values of two properties in 2023 and two properties in 2022 were impaired. Loews Hotels & Co recorded aggregate impairment charges of $ 12 million ($ 9 million after tax) and $ 25 million ($ 19 million after tax) for the years ended December 31, 2023 and 2022, which are reported within Operating expenses and other on the Consolidated Statements of Operations. </context> | us-gaap:AssetImpairmentCharges |
In 2010, Continental Casualty Company (“CCC”) together with several insurance subsidiaries completed a transaction with National Indemnity Company (“NICO”), a subsidiary of Berkshire Hathaway Inc., under which substantially all of their legacy A&EP liabilities were ceded to NICO through a loss portfolio transfer (“LPT”). At the effective date of the transaction, approximately $ 1.6 billion of net A&EP claim and allocated claim adjustment expense reserves were ceded to NICO under a retroactive reinsurance agreement with an aggregate limit of $ 4.0 billion. The $ 1.6 billion of claim and allocated claim adjustment expense reserves ceded to NICO was net of $ 1.2 billion of ceded claim and allocated claim adjustment expense reserves under existing third party reinsurance contracts. The NICO LPT aggregate reinsurance limit also covers credit risk on the existing third party reinsurance related to these liabilities. NICO was paid a reinsurance premium of $ 2.0 billion and billed third party reinsurance receivables related to A&EP claims with a net book value of $ 215 million were transferred to NICO, resulting in total consideration of $ 2.2 billion. | text | 1.6 | monetaryItemType | text: <entity> 1.6 </entity> <entity type> monetaryItemType </entity type> <context> In 2010, Continental Casualty Company (“CCC”) together with several insurance subsidiaries completed a transaction with National Indemnity Company (“NICO”), a subsidiary of Berkshire Hathaway Inc., under which substantially all of their legacy A&EP liabilities were ceded to NICO through a loss portfolio transfer (“LPT”). At the effective date of the transaction, approximately $ 1.6 billion of net A&EP claim and allocated claim adjustment expense reserves were ceded to NICO under a retroactive reinsurance agreement with an aggregate limit of $ 4.0 billion. The $ 1.6 billion of claim and allocated claim adjustment expense reserves ceded to NICO was net of $ 1.2 billion of ceded claim and allocated claim adjustment expense reserves under existing third party reinsurance contracts. The NICO LPT aggregate reinsurance limit also covers credit risk on the existing third party reinsurance related to these liabilities. NICO was paid a reinsurance premium of $ 2.0 billion and billed third party reinsurance receivables related to A&EP claims with a net book value of $ 215 million were transferred to NICO, resulting in total consideration of $ 2.2 billion. </context> | us-gaap:LiabilityForAsbestosAndEnvironmentalClaimsNet |
On February 5, 2021, CNA completed a transaction with Cavello Bay Reinsurance Limited (“Cavello”), a subsidiary of Enstar Group Limited, under which certain legacy excess workers’ compensation (“EWC”) liabilities were ceded to Cavello. Under the terms of the transaction, based on reserves in place as of January 1, 2020, approximately $ 690 million of net EWC claim and allocated claim adjustment expense reserves were ceded to Cavello under a loss portfolio transfer (“EWC LPT”) with an aggregate limit of $ 1.0 billion. Cavello was paid a reinsurance premium of $ 697 million, less claims paid between January 1, 2020 and the closing date of the agreement of $ 64 million. After transaction costs, a loss of approximately $ 11 million (after tax and noncontrolling interest) was recognized in Other Insurance Operations in the first quarter of 2021 related to the EWC LPT. | text | 690 | monetaryItemType | text: <entity> 690 </entity> <entity type> monetaryItemType </entity type> <context> On February 5, 2021, CNA completed a transaction with Cavello Bay Reinsurance Limited (“Cavello”), a subsidiary of Enstar Group Limited, under which certain legacy excess workers’ compensation (“EWC”) liabilities were ceded to Cavello. Under the terms of the transaction, based on reserves in place as of January 1, 2020, approximately $ 690 million of net EWC claim and allocated claim adjustment expense reserves were ceded to Cavello under a loss portfolio transfer (“EWC LPT”) with an aggregate limit of $ 1.0 billion. Cavello was paid a reinsurance premium of $ 697 million, less claims paid between January 1, 2020 and the closing date of the agreement of $ 64 million. After transaction costs, a loss of approximately $ 11 million (after tax and noncontrolling interest) was recognized in Other Insurance Operations in the first quarter of 2021 related to the EWC LPT. </context> | us-gaap:ReinsuranceRecoverables |
On February 5, 2021, CNA completed a transaction with Cavello Bay Reinsurance Limited (“Cavello”), a subsidiary of Enstar Group Limited, under which certain legacy excess workers’ compensation (“EWC”) liabilities were ceded to Cavello. Under the terms of the transaction, based on reserves in place as of January 1, 2020, approximately $ 690 million of net EWC claim and allocated claim adjustment expense reserves were ceded to Cavello under a loss portfolio transfer (“EWC LPT”) with an aggregate limit of $ 1.0 billion. Cavello was paid a reinsurance premium of $ 697 million, less claims paid between January 1, 2020 and the closing date of the agreement of $ 64 million. After transaction costs, a loss of approximately $ 11 million (after tax and noncontrolling interest) was recognized in Other Insurance Operations in the first quarter of 2021 related to the EWC LPT. | text | 1.0 | monetaryItemType | text: <entity> 1.0 </entity> <entity type> monetaryItemType </entity type> <context> On February 5, 2021, CNA completed a transaction with Cavello Bay Reinsurance Limited (“Cavello”), a subsidiary of Enstar Group Limited, under which certain legacy excess workers’ compensation (“EWC”) liabilities were ceded to Cavello. Under the terms of the transaction, based on reserves in place as of January 1, 2020, approximately $ 690 million of net EWC claim and allocated claim adjustment expense reserves were ceded to Cavello under a loss portfolio transfer (“EWC LPT”) with an aggregate limit of $ 1.0 billion. Cavello was paid a reinsurance premium of $ 697 million, less claims paid between January 1, 2020 and the closing date of the agreement of $ 64 million. After transaction costs, a loss of approximately $ 11 million (after tax and noncontrolling interest) was recognized in Other Insurance Operations in the first quarter of 2021 related to the EWC LPT. </context> | us-gaap:ReinsuranceRecoverables |
On February 5, 2021, CNA completed a transaction with Cavello Bay Reinsurance Limited (“Cavello”), a subsidiary of Enstar Group Limited, under which certain legacy excess workers’ compensation (“EWC”) liabilities were ceded to Cavello. Under the terms of the transaction, based on reserves in place as of January 1, 2020, approximately $ 690 million of net EWC claim and allocated claim adjustment expense reserves were ceded to Cavello under a loss portfolio transfer (“EWC LPT”) with an aggregate limit of $ 1.0 billion. Cavello was paid a reinsurance premium of $ 697 million, less claims paid between January 1, 2020 and the closing date of the agreement of $ 64 million. After transaction costs, a loss of approximately $ 11 million (after tax and noncontrolling interest) was recognized in Other Insurance Operations in the first quarter of 2021 related to the EWC LPT. | text | 64 | monetaryItemType | text: <entity> 64 </entity> <entity type> monetaryItemType </entity type> <context> On February 5, 2021, CNA completed a transaction with Cavello Bay Reinsurance Limited (“Cavello”), a subsidiary of Enstar Group Limited, under which certain legacy excess workers’ compensation (“EWC”) liabilities were ceded to Cavello. Under the terms of the transaction, based on reserves in place as of January 1, 2020, approximately $ 690 million of net EWC claim and allocated claim adjustment expense reserves were ceded to Cavello under a loss portfolio transfer (“EWC LPT”) with an aggregate limit of $ 1.0 billion. Cavello was paid a reinsurance premium of $ 697 million, less claims paid between January 1, 2020 and the closing date of the agreement of $ 64 million. After transaction costs, a loss of approximately $ 11 million (after tax and noncontrolling interest) was recognized in Other Insurance Operations in the first quarter of 2021 related to the EWC LPT. </context> | us-gaap:PaymentsForLossesAndLossAdjustmentExpense |
, the cumulative amount ceded under the EWC LPT was $ 690 million. | text | 690 | monetaryItemType | text: <entity> 690 </entity> <entity type> monetaryItemType </entity type> <context> , the cumulative amount ceded under the EWC LPT was $ 690 million. </context> | us-gaap:ReinsuranceRecoverables |
resulted in a $ 15 million pretax increase in the LFPB. Included in the assumption updates was a favorable impact from outperformance on premium rate assumptions and an unfavorable impact from higher cost of care inflation. The cash flow assumption updates completed in the third quarter of 2023 resulted in an $ 8 million pretax increase in the LFPB. Persistency updates were unfavorable due to revisions to lapse rates. Morbidity updates were favorable, driven by claim severity assumption updates, and there was a favorable impact from outperformance on premium rate assumptions. | text | 15 | monetaryItemType | text: <entity> 15 </entity> <entity type> monetaryItemType </entity type> <context> resulted in a $ 15 million pretax increase in the LFPB. Included in the assumption updates was a favorable impact from outperformance on premium rate assumptions and an unfavorable impact from higher cost of care inflation. The cash flow assumption updates completed in the third quarter of 2023 resulted in an $ 8 million pretax increase in the LFPB. Persistency updates were unfavorable due to revisions to lapse rates. Morbidity updates were favorable, driven by claim severity assumption updates, and there was a favorable impact from outperformance on premium rate assumptions. </context> | us-gaap:IncreaseDecreaseInLiabilityForClaimsAndClaimsAdjustmentExpenseReserve |
resulted in a $ 15 million pretax increase in the LFPB. Included in the assumption updates was a favorable impact from outperformance on premium rate assumptions and an unfavorable impact from higher cost of care inflation. The cash flow assumption updates completed in the third quarter of 2023 resulted in an $ 8 million pretax increase in the LFPB. Persistency updates were unfavorable due to revisions to lapse rates. Morbidity updates were favorable, driven by claim severity assumption updates, and there was a favorable impact from outperformance on premium rate assumptions. | text | 8 | monetaryItemType | text: <entity> 8 </entity> <entity type> monetaryItemType </entity type> <context> resulted in a $ 15 million pretax increase in the LFPB. Included in the assumption updates was a favorable impact from outperformance on premium rate assumptions and an unfavorable impact from higher cost of care inflation. The cash flow assumption updates completed in the third quarter of 2023 resulted in an $ 8 million pretax increase in the LFPB. Persistency updates were unfavorable due to revisions to lapse rates. Morbidity updates were favorable, driven by claim severity assumption updates, and there was a favorable impact from outperformance on premium rate assumptions. </context> | us-gaap:IncreaseDecreaseInLiabilityForClaimsAndClaimsAdjustmentExpenseReserve |
Discounted expected future gross premiums at the upper-medium grade fixed income instrument yield discount rate were $ 3.6 billion and $ 3.8 billion as of | text | 3.6 | monetaryItemType | text: <entity> 3.6 </entity> <entity type> monetaryItemType </entity type> <context> Discounted expected future gross premiums at the upper-medium grade fixed income instrument yield discount rate were $ 3.6 billion and $ 3.8 billion as of </context> | us-gaap:LiabilityForFuturePolicyBenefitExpectedFutureGrossPremiumDiscountedBeforeReinsurance |
Discounted expected future gross premiums at the upper-medium grade fixed income instrument yield discount rate were $ 3.6 billion and $ 3.8 billion as of | text | 3.8 | monetaryItemType | text: <entity> 3.8 </entity> <entity type> monetaryItemType </entity type> <context> Discounted expected future gross premiums at the upper-medium grade fixed income instrument yield discount rate were $ 3.6 billion and $ 3.8 billion as of </context> | us-gaap:LiabilityForFuturePolicyBenefitExpectedFutureGrossPremiumDiscountedBeforeReinsurance |
, immediate charges to net income resulting from adverse development in certain cohorts where the NPR exceeded 100% were $ 159 million and $ 164 million. For the years ended | text | 159 | monetaryItemType | text: <entity> 159 </entity> <entity type> monetaryItemType </entity type> <context> , immediate charges to net income resulting from adverse development in certain cohorts where the NPR exceeded 100% were $ 159 million and $ 164 million. For the years ended </context> | us-gaap:LiabilityForFuturePolicyBenefitAdverseDevelopmentExpense |
, immediate charges to net income resulting from adverse development in certain cohorts where the NPR exceeded 100% were $ 159 million and $ 164 million. For the years ended | text | 164 | monetaryItemType | text: <entity> 164 </entity> <entity type> monetaryItemType </entity type> <context> , immediate charges to net income resulting from adverse development in certain cohorts where the NPR exceeded 100% were $ 159 million and $ 164 million. For the years ended </context> | us-gaap:LiabilityForFuturePolicyBenefitAdverseDevelopmentExpense |
Operating lease right of use assets and lease liabilities are recognized at the lease commencement date based on the present value of lease payments over the lease term. The discount rate used to determine the commencement date present value of lease payments is typically the applicable secured borrowing rate, as most of the leases do not provide an implicit rate. The operating lease right of use asset was $ 320 million and $ 302 million and the operating lease liability was $ 406 million and $ 384 million at December 31, 2024 and 2023. | text | 320 | monetaryItemType | text: <entity> 320 </entity> <entity type> monetaryItemType </entity type> <context> Operating lease right of use assets and lease liabilities are recognized at the lease commencement date based on the present value of lease payments over the lease term. The discount rate used to determine the commencement date present value of lease payments is typically the applicable secured borrowing rate, as most of the leases do not provide an implicit rate. The operating lease right of use asset was $ 320 million and $ 302 million and the operating lease liability was $ 406 million and $ 384 million at December 31, 2024 and 2023. </context> | us-gaap:OperatingLeaseRightOfUseAsset |
Operating lease right of use assets and lease liabilities are recognized at the lease commencement date based on the present value of lease payments over the lease term. The discount rate used to determine the commencement date present value of lease payments is typically the applicable secured borrowing rate, as most of the leases do not provide an implicit rate. The operating lease right of use asset was $ 320 million and $ 302 million and the operating lease liability was $ 406 million and $ 384 million at December 31, 2024 and 2023. | text | 302 | monetaryItemType | text: <entity> 302 </entity> <entity type> monetaryItemType </entity type> <context> Operating lease right of use assets and lease liabilities are recognized at the lease commencement date based on the present value of lease payments over the lease term. The discount rate used to determine the commencement date present value of lease payments is typically the applicable secured borrowing rate, as most of the leases do not provide an implicit rate. The operating lease right of use asset was $ 320 million and $ 302 million and the operating lease liability was $ 406 million and $ 384 million at December 31, 2024 and 2023. </context> | us-gaap:OperatingLeaseRightOfUseAsset |
Operating lease right of use assets and lease liabilities are recognized at the lease commencement date based on the present value of lease payments over the lease term. The discount rate used to determine the commencement date present value of lease payments is typically the applicable secured borrowing rate, as most of the leases do not provide an implicit rate. The operating lease right of use asset was $ 320 million and $ 302 million and the operating lease liability was $ 406 million and $ 384 million at December 31, 2024 and 2023. | text | 406 | monetaryItemType | text: <entity> 406 </entity> <entity type> monetaryItemType </entity type> <context> Operating lease right of use assets and lease liabilities are recognized at the lease commencement date based on the present value of lease payments over the lease term. The discount rate used to determine the commencement date present value of lease payments is typically the applicable secured borrowing rate, as most of the leases do not provide an implicit rate. The operating lease right of use asset was $ 320 million and $ 302 million and the operating lease liability was $ 406 million and $ 384 million at December 31, 2024 and 2023. </context> | us-gaap:OperatingLeaseLiability |
Operating lease right of use assets and lease liabilities are recognized at the lease commencement date based on the present value of lease payments over the lease term. The discount rate used to determine the commencement date present value of lease payments is typically the applicable secured borrowing rate, as most of the leases do not provide an implicit rate. The operating lease right of use asset was $ 320 million and $ 302 million and the operating lease liability was $ 406 million and $ 384 million at December 31, 2024 and 2023. | text | 384 | monetaryItemType | text: <entity> 384 </entity> <entity type> monetaryItemType </entity type> <context> Operating lease right of use assets and lease liabilities are recognized at the lease commencement date based on the present value of lease payments over the lease term. The discount rate used to determine the commencement date present value of lease payments is typically the applicable secured borrowing rate, as most of the leases do not provide an implicit rate. The operating lease right of use asset was $ 320 million and $ 302 million and the operating lease liability was $ 406 million and $ 384 million at December 31, 2024 and 2023. </context> | us-gaap:OperatingLeaseLiability |
Total lease expense was $ 79 million, $ 87 million and $ 89 million for the years ended December 31, 2024, 2023 and 2022 which includes operating lease expense of $ 51 million, $ 58 million and $ 60 million, variable lease expense of $ 23 million, $ 24 million and $ 26 million and short-term lease expense of $ 5 million, $ 5 million and $ 3 million. Cash paid for amounts included in operating lease liabilities was $ 80 million, $ 60 million and $ 64 million for year ended December 31, | text | 79 | monetaryItemType | text: <entity> 79 </entity> <entity type> monetaryItemType </entity type> <context> Total lease expense was $ 79 million, $ 87 million and $ 89 million for the years ended December 31, 2024, 2023 and 2022 which includes operating lease expense of $ 51 million, $ 58 million and $ 60 million, variable lease expense of $ 23 million, $ 24 million and $ 26 million and short-term lease expense of $ 5 million, $ 5 million and $ 3 million. Cash paid for amounts included in operating lease liabilities was $ 80 million, $ 60 million and $ 64 million for year ended December 31, </context> | us-gaap:LeaseCost |
Total lease expense was $ 79 million, $ 87 million and $ 89 million for the years ended December 31, 2024, 2023 and 2022 which includes operating lease expense of $ 51 million, $ 58 million and $ 60 million, variable lease expense of $ 23 million, $ 24 million and $ 26 million and short-term lease expense of $ 5 million, $ 5 million and $ 3 million. Cash paid for amounts included in operating lease liabilities was $ 80 million, $ 60 million and $ 64 million for year ended December 31, | text | 87 | monetaryItemType | text: <entity> 87 </entity> <entity type> monetaryItemType </entity type> <context> Total lease expense was $ 79 million, $ 87 million and $ 89 million for the years ended December 31, 2024, 2023 and 2022 which includes operating lease expense of $ 51 million, $ 58 million and $ 60 million, variable lease expense of $ 23 million, $ 24 million and $ 26 million and short-term lease expense of $ 5 million, $ 5 million and $ 3 million. Cash paid for amounts included in operating lease liabilities was $ 80 million, $ 60 million and $ 64 million for year ended December 31, </context> | us-gaap:LeaseCost |
Total lease expense was $ 79 million, $ 87 million and $ 89 million for the years ended December 31, 2024, 2023 and 2022 which includes operating lease expense of $ 51 million, $ 58 million and $ 60 million, variable lease expense of $ 23 million, $ 24 million and $ 26 million and short-term lease expense of $ 5 million, $ 5 million and $ 3 million. Cash paid for amounts included in operating lease liabilities was $ 80 million, $ 60 million and $ 64 million for year ended December 31, | text | 89 | monetaryItemType | text: <entity> 89 </entity> <entity type> monetaryItemType </entity type> <context> Total lease expense was $ 79 million, $ 87 million and $ 89 million for the years ended December 31, 2024, 2023 and 2022 which includes operating lease expense of $ 51 million, $ 58 million and $ 60 million, variable lease expense of $ 23 million, $ 24 million and $ 26 million and short-term lease expense of $ 5 million, $ 5 million and $ 3 million. Cash paid for amounts included in operating lease liabilities was $ 80 million, $ 60 million and $ 64 million for year ended December 31, </context> | us-gaap:LeaseCost |
Total lease expense was $ 79 million, $ 87 million and $ 89 million for the years ended December 31, 2024, 2023 and 2022 which includes operating lease expense of $ 51 million, $ 58 million and $ 60 million, variable lease expense of $ 23 million, $ 24 million and $ 26 million and short-term lease expense of $ 5 million, $ 5 million and $ 3 million. Cash paid for amounts included in operating lease liabilities was $ 80 million, $ 60 million and $ 64 million for year ended December 31, | text | 51 | monetaryItemType | text: <entity> 51 </entity> <entity type> monetaryItemType </entity type> <context> Total lease expense was $ 79 million, $ 87 million and $ 89 million for the years ended December 31, 2024, 2023 and 2022 which includes operating lease expense of $ 51 million, $ 58 million and $ 60 million, variable lease expense of $ 23 million, $ 24 million and $ 26 million and short-term lease expense of $ 5 million, $ 5 million and $ 3 million. Cash paid for amounts included in operating lease liabilities was $ 80 million, $ 60 million and $ 64 million for year ended December 31, </context> | us-gaap:OperatingLeaseCost |
Total lease expense was $ 79 million, $ 87 million and $ 89 million for the years ended December 31, 2024, 2023 and 2022 which includes operating lease expense of $ 51 million, $ 58 million and $ 60 million, variable lease expense of $ 23 million, $ 24 million and $ 26 million and short-term lease expense of $ 5 million, $ 5 million and $ 3 million. Cash paid for amounts included in operating lease liabilities was $ 80 million, $ 60 million and $ 64 million for year ended December 31, | text | 58 | monetaryItemType | text: <entity> 58 </entity> <entity type> monetaryItemType </entity type> <context> Total lease expense was $ 79 million, $ 87 million and $ 89 million for the years ended December 31, 2024, 2023 and 2022 which includes operating lease expense of $ 51 million, $ 58 million and $ 60 million, variable lease expense of $ 23 million, $ 24 million and $ 26 million and short-term lease expense of $ 5 million, $ 5 million and $ 3 million. Cash paid for amounts included in operating lease liabilities was $ 80 million, $ 60 million and $ 64 million for year ended December 31, </context> | us-gaap:OperatingLeaseCost |
Total lease expense was $ 79 million, $ 87 million and $ 89 million for the years ended December 31, 2024, 2023 and 2022 which includes operating lease expense of $ 51 million, $ 58 million and $ 60 million, variable lease expense of $ 23 million, $ 24 million and $ 26 million and short-term lease expense of $ 5 million, $ 5 million and $ 3 million. Cash paid for amounts included in operating lease liabilities was $ 80 million, $ 60 million and $ 64 million for year ended December 31, | text | 60 | monetaryItemType | text: <entity> 60 </entity> <entity type> monetaryItemType </entity type> <context> Total lease expense was $ 79 million, $ 87 million and $ 89 million for the years ended December 31, 2024, 2023 and 2022 which includes operating lease expense of $ 51 million, $ 58 million and $ 60 million, variable lease expense of $ 23 million, $ 24 million and $ 26 million and short-term lease expense of $ 5 million, $ 5 million and $ 3 million. Cash paid for amounts included in operating lease liabilities was $ 80 million, $ 60 million and $ 64 million for year ended December 31, </context> | us-gaap:OperatingLeaseCost |
Total lease expense was $ 79 million, $ 87 million and $ 89 million for the years ended December 31, 2024, 2023 and 2022 which includes operating lease expense of $ 51 million, $ 58 million and $ 60 million, variable lease expense of $ 23 million, $ 24 million and $ 26 million and short-term lease expense of $ 5 million, $ 5 million and $ 3 million. Cash paid for amounts included in operating lease liabilities was $ 80 million, $ 60 million and $ 64 million for year ended December 31, | text | 23 | monetaryItemType | text: <entity> 23 </entity> <entity type> monetaryItemType </entity type> <context> Total lease expense was $ 79 million, $ 87 million and $ 89 million for the years ended December 31, 2024, 2023 and 2022 which includes operating lease expense of $ 51 million, $ 58 million and $ 60 million, variable lease expense of $ 23 million, $ 24 million and $ 26 million and short-term lease expense of $ 5 million, $ 5 million and $ 3 million. Cash paid for amounts included in operating lease liabilities was $ 80 million, $ 60 million and $ 64 million for year ended December 31, </context> | us-gaap:VariableLeaseCost |
Total lease expense was $ 79 million, $ 87 million and $ 89 million for the years ended December 31, 2024, 2023 and 2022 which includes operating lease expense of $ 51 million, $ 58 million and $ 60 million, variable lease expense of $ 23 million, $ 24 million and $ 26 million and short-term lease expense of $ 5 million, $ 5 million and $ 3 million. Cash paid for amounts included in operating lease liabilities was $ 80 million, $ 60 million and $ 64 million for year ended December 31, | text | 24 | monetaryItemType | text: <entity> 24 </entity> <entity type> monetaryItemType </entity type> <context> Total lease expense was $ 79 million, $ 87 million and $ 89 million for the years ended December 31, 2024, 2023 and 2022 which includes operating lease expense of $ 51 million, $ 58 million and $ 60 million, variable lease expense of $ 23 million, $ 24 million and $ 26 million and short-term lease expense of $ 5 million, $ 5 million and $ 3 million. Cash paid for amounts included in operating lease liabilities was $ 80 million, $ 60 million and $ 64 million for year ended December 31, </context> | us-gaap:VariableLeaseCost |
Total lease expense was $ 79 million, $ 87 million and $ 89 million for the years ended December 31, 2024, 2023 and 2022 which includes operating lease expense of $ 51 million, $ 58 million and $ 60 million, variable lease expense of $ 23 million, $ 24 million and $ 26 million and short-term lease expense of $ 5 million, $ 5 million and $ 3 million. Cash paid for amounts included in operating lease liabilities was $ 80 million, $ 60 million and $ 64 million for year ended December 31, | text | 26 | monetaryItemType | text: <entity> 26 </entity> <entity type> monetaryItemType </entity type> <context> Total lease expense was $ 79 million, $ 87 million and $ 89 million for the years ended December 31, 2024, 2023 and 2022 which includes operating lease expense of $ 51 million, $ 58 million and $ 60 million, variable lease expense of $ 23 million, $ 24 million and $ 26 million and short-term lease expense of $ 5 million, $ 5 million and $ 3 million. Cash paid for amounts included in operating lease liabilities was $ 80 million, $ 60 million and $ 64 million for year ended December 31, </context> | us-gaap:VariableLeaseCost |
Total lease expense was $ 79 million, $ 87 million and $ 89 million for the years ended December 31, 2024, 2023 and 2022 which includes operating lease expense of $ 51 million, $ 58 million and $ 60 million, variable lease expense of $ 23 million, $ 24 million and $ 26 million and short-term lease expense of $ 5 million, $ 5 million and $ 3 million. Cash paid for amounts included in operating lease liabilities was $ 80 million, $ 60 million and $ 64 million for year ended December 31, | text | 5 | monetaryItemType | text: <entity> 5 </entity> <entity type> monetaryItemType </entity type> <context> Total lease expense was $ 79 million, $ 87 million and $ 89 million for the years ended December 31, 2024, 2023 and 2022 which includes operating lease expense of $ 51 million, $ 58 million and $ 60 million, variable lease expense of $ 23 million, $ 24 million and $ 26 million and short-term lease expense of $ 5 million, $ 5 million and $ 3 million. Cash paid for amounts included in operating lease liabilities was $ 80 million, $ 60 million and $ 64 million for year ended December 31, </context> | us-gaap:ShortTermLeaseCost |
Total lease expense was $ 79 million, $ 87 million and $ 89 million for the years ended December 31, 2024, 2023 and 2022 which includes operating lease expense of $ 51 million, $ 58 million and $ 60 million, variable lease expense of $ 23 million, $ 24 million and $ 26 million and short-term lease expense of $ 5 million, $ 5 million and $ 3 million. Cash paid for amounts included in operating lease liabilities was $ 80 million, $ 60 million and $ 64 million for year ended December 31, | text | 3 | monetaryItemType | text: <entity> 3 </entity> <entity type> monetaryItemType </entity type> <context> Total lease expense was $ 79 million, $ 87 million and $ 89 million for the years ended December 31, 2024, 2023 and 2022 which includes operating lease expense of $ 51 million, $ 58 million and $ 60 million, variable lease expense of $ 23 million, $ 24 million and $ 26 million and short-term lease expense of $ 5 million, $ 5 million and $ 3 million. Cash paid for amounts included in operating lease liabilities was $ 80 million, $ 60 million and $ 64 million for year ended December 31, </context> | us-gaap:ShortTermLeaseCost |
Total lease expense was $ 79 million, $ 87 million and $ 89 million for the years ended December 31, 2024, 2023 and 2022 which includes operating lease expense of $ 51 million, $ 58 million and $ 60 million, variable lease expense of $ 23 million, $ 24 million and $ 26 million and short-term lease expense of $ 5 million, $ 5 million and $ 3 million. Cash paid for amounts included in operating lease liabilities was $ 80 million, $ 60 million and $ 64 million for year ended December 31, | text | 80 | monetaryItemType | text: <entity> 80 </entity> <entity type> monetaryItemType </entity type> <context> Total lease expense was $ 79 million, $ 87 million and $ 89 million for the years ended December 31, 2024, 2023 and 2022 which includes operating lease expense of $ 51 million, $ 58 million and $ 60 million, variable lease expense of $ 23 million, $ 24 million and $ 26 million and short-term lease expense of $ 5 million, $ 5 million and $ 3 million. Cash paid for amounts included in operating lease liabilities was $ 80 million, $ 60 million and $ 64 million for year ended December 31, </context> | us-gaap:OperatingLeasePayments |
Total lease expense was $ 79 million, $ 87 million and $ 89 million for the years ended December 31, 2024, 2023 and 2022 which includes operating lease expense of $ 51 million, $ 58 million and $ 60 million, variable lease expense of $ 23 million, $ 24 million and $ 26 million and short-term lease expense of $ 5 million, $ 5 million and $ 3 million. Cash paid for amounts included in operating lease liabilities was $ 80 million, $ 60 million and $ 64 million for year ended December 31, | text | 60 | monetaryItemType | text: <entity> 60 </entity> <entity type> monetaryItemType </entity type> <context> Total lease expense was $ 79 million, $ 87 million and $ 89 million for the years ended December 31, 2024, 2023 and 2022 which includes operating lease expense of $ 51 million, $ 58 million and $ 60 million, variable lease expense of $ 23 million, $ 24 million and $ 26 million and short-term lease expense of $ 5 million, $ 5 million and $ 3 million. Cash paid for amounts included in operating lease liabilities was $ 80 million, $ 60 million and $ 64 million for year ended December 31, </context> | us-gaap:OperatingLeasePayments |
Total lease expense was $ 79 million, $ 87 million and $ 89 million for the years ended December 31, 2024, 2023 and 2022 which includes operating lease expense of $ 51 million, $ 58 million and $ 60 million, variable lease expense of $ 23 million, $ 24 million and $ 26 million and short-term lease expense of $ 5 million, $ 5 million and $ 3 million. Cash paid for amounts included in operating lease liabilities was $ 80 million, $ 60 million and $ 64 million for year ended December 31, | text | 64 | monetaryItemType | text: <entity> 64 </entity> <entity type> monetaryItemType </entity type> <context> Total lease expense was $ 79 million, $ 87 million and $ 89 million for the years ended December 31, 2024, 2023 and 2022 which includes operating lease expense of $ 51 million, $ 58 million and $ 60 million, variable lease expense of $ 23 million, $ 24 million and $ 26 million and short-term lease expense of $ 5 million, $ 5 million and $ 3 million. Cash paid for amounts included in operating lease liabilities was $ 80 million, $ 60 million and $ 64 million for year ended December 31, </context> | us-gaap:OperatingLeasePayments |
2024, 2023 and 2022. Operating lease right of use assets obtained in exchange for lease obligations was $ 73 million, $ 39 million and $ 118 million for the years ended December 31, 2024, 2023 and 2022. | text | 73 | monetaryItemType | text: <entity> 73 </entity> <entity type> monetaryItemType </entity type> <context> 2024, 2023 and 2022. Operating lease right of use assets obtained in exchange for lease obligations was $ 73 million, $ 39 million and $ 118 million for the years ended December 31, 2024, 2023 and 2022. </context> | us-gaap:RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability |
2024, 2023 and 2022. Operating lease right of use assets obtained in exchange for lease obligations was $ 73 million, $ 39 million and $ 118 million for the years ended December 31, 2024, 2023 and 2022. | text | 39 | monetaryItemType | text: <entity> 39 </entity> <entity type> monetaryItemType </entity type> <context> 2024, 2023 and 2022. Operating lease right of use assets obtained in exchange for lease obligations was $ 73 million, $ 39 million and $ 118 million for the years ended December 31, 2024, 2023 and 2022. </context> | us-gaap:RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability |
2024, 2023 and 2022. Operating lease right of use assets obtained in exchange for lease obligations was $ 73 million, $ 39 million and $ 118 million for the years ended December 31, 2024, 2023 and 2022. | text | 118 | monetaryItemType | text: <entity> 118 </entity> <entity type> monetaryItemType </entity type> <context> 2024, 2023 and 2022. Operating lease right of use assets obtained in exchange for lease obligations was $ 73 million, $ 39 million and $ 118 million for the years ended December 31, 2024, 2023 and 2022. </context> | us-gaap:RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability |
Loews Corporation and its eligible subsidiaries file a consolidated federal income tax return. Loews Corporation has entered into a separate tax allocation agreement with CNA, a majority-owned subsidiary in which its ownership exceeds 80 %. | text | 80 | percentItemType | text: <entity> 80 </entity> <entity type> percentItemType </entity type> <context> Loews Corporation and its eligible subsidiaries file a consolidated federal income tax return. Loews Corporation has entered into a separate tax allocation agreement with CNA, a majority-owned subsidiary in which its ownership exceeds 80 %. </context> | us-gaap:EquityMethodInvestmentOwnershipPercentage |
expires in 2034. Net operating loss carryforwards in foreign tax jurisdictions of $ 138 million and tax credit carryforwards in such jurisdictions of | text | 138 | monetaryItemType | text: <entity> 138 </entity> <entity type> monetaryItemType </entity type> <context> expires in 2034. Net operating loss carryforwards in foreign tax jurisdictions of $ 138 million and tax credit carryforwards in such jurisdictions of </context> | us-gaap:DeferredTaxAssetsOperatingLossCarryforwardsNotSubjectToExpiration |
Although realization of deferred tax assets is not assured, management believes it is more likely than not that the recognized deferred tax assets will be realized through recoupment of ordinary and capital taxes paid in prior carryback years and through future earnings, reversal of existing temporary differences and available tax planning strategies. As of December 31, 2024, a valuation allowance of $ 19 million was recorded related to state net operating losses and disallowed business interest expense from joint ventures. | text | 19 | monetaryItemType | text: <entity> 19 </entity> <entity type> monetaryItemType </entity type> <context> Although realization of deferred tax assets is not assured, management believes it is more likely than not that the recognized deferred tax assets will be realized through recoupment of ordinary and capital taxes paid in prior carryback years and through future earnings, reversal of existing temporary differences and available tax planning strategies. As of December 31, 2024, a valuation allowance of $ 19 million was recorded related to state net operating losses and disallowed business interest expense from joint ventures. </context> | us-gaap:ValuationAllowanceDeferredTaxAssetChangeInAmount |
At December 31, 2024, the aggregate long-term debt maturing in each of the next five years is approximately as follows: $ 5 million in 2025, $ 1.9 billion in 2026, $ 1.1 billion in 2027, $ 56 million in 2028, $ 1.2 billion in 2029 and $ 4.8 billion thereafter. Long-term debt is generally redeemable in whole or in part at the greater of the principal amount or the net present value of remaining scheduled payments discounted at the specified treasury rate plus a margin. | text | 5 | monetaryItemType | text: <entity> 5 </entity> <entity type> monetaryItemType </entity type> <context> At December 31, 2024, the aggregate long-term debt maturing in each of the next five years is approximately as follows: $ 5 million in 2025, $ 1.9 billion in 2026, $ 1.1 billion in 2027, $ 56 million in 2028, $ 1.2 billion in 2029 and $ 4.8 billion thereafter. Long-term debt is generally redeemable in whole or in part at the greater of the principal amount or the net present value of remaining scheduled payments discounted at the specified treasury rate plus a margin. </context> | us-gaap:LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths |
At December 31, 2024, the aggregate long-term debt maturing in each of the next five years is approximately as follows: $ 5 million in 2025, $ 1.9 billion in 2026, $ 1.1 billion in 2027, $ 56 million in 2028, $ 1.2 billion in 2029 and $ 4.8 billion thereafter. Long-term debt is generally redeemable in whole or in part at the greater of the principal amount or the net present value of remaining scheduled payments discounted at the specified treasury rate plus a margin. | text | 1.9 | monetaryItemType | text: <entity> 1.9 </entity> <entity type> monetaryItemType </entity type> <context> At December 31, 2024, the aggregate long-term debt maturing in each of the next five years is approximately as follows: $ 5 million in 2025, $ 1.9 billion in 2026, $ 1.1 billion in 2027, $ 56 million in 2028, $ 1.2 billion in 2029 and $ 4.8 billion thereafter. Long-term debt is generally redeemable in whole or in part at the greater of the principal amount or the net present value of remaining scheduled payments discounted at the specified treasury rate plus a margin. </context> | us-gaap:LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo |
At December 31, 2024, the aggregate long-term debt maturing in each of the next five years is approximately as follows: $ 5 million in 2025, $ 1.9 billion in 2026, $ 1.1 billion in 2027, $ 56 million in 2028, $ 1.2 billion in 2029 and $ 4.8 billion thereafter. Long-term debt is generally redeemable in whole or in part at the greater of the principal amount or the net present value of remaining scheduled payments discounted at the specified treasury rate plus a margin. | text | 1.1 | monetaryItemType | text: <entity> 1.1 </entity> <entity type> monetaryItemType </entity type> <context> At December 31, 2024, the aggregate long-term debt maturing in each of the next five years is approximately as follows: $ 5 million in 2025, $ 1.9 billion in 2026, $ 1.1 billion in 2027, $ 56 million in 2028, $ 1.2 billion in 2029 and $ 4.8 billion thereafter. Long-term debt is generally redeemable in whole or in part at the greater of the principal amount or the net present value of remaining scheduled payments discounted at the specified treasury rate plus a margin. </context> | us-gaap:LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree |
At December 31, 2024, the aggregate long-term debt maturing in each of the next five years is approximately as follows: $ 5 million in 2025, $ 1.9 billion in 2026, $ 1.1 billion in 2027, $ 56 million in 2028, $ 1.2 billion in 2029 and $ 4.8 billion thereafter. Long-term debt is generally redeemable in whole or in part at the greater of the principal amount or the net present value of remaining scheduled payments discounted at the specified treasury rate plus a margin. | text | 56 | monetaryItemType | text: <entity> 56 </entity> <entity type> monetaryItemType </entity type> <context> At December 31, 2024, the aggregate long-term debt maturing in each of the next five years is approximately as follows: $ 5 million in 2025, $ 1.9 billion in 2026, $ 1.1 billion in 2027, $ 56 million in 2028, $ 1.2 billion in 2029 and $ 4.8 billion thereafter. Long-term debt is generally redeemable in whole or in part at the greater of the principal amount or the net present value of remaining scheduled payments discounted at the specified treasury rate plus a margin. </context> | us-gaap:LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour |
At December 31, 2024, the aggregate long-term debt maturing in each of the next five years is approximately as follows: $ 5 million in 2025, $ 1.9 billion in 2026, $ 1.1 billion in 2027, $ 56 million in 2028, $ 1.2 billion in 2029 and $ 4.8 billion thereafter. Long-term debt is generally redeemable in whole or in part at the greater of the principal amount or the net present value of remaining scheduled payments discounted at the specified treasury rate plus a margin. | text | 1.2 | monetaryItemType | text: <entity> 1.2 </entity> <entity type> monetaryItemType </entity type> <context> At December 31, 2024, the aggregate long-term debt maturing in each of the next five years is approximately as follows: $ 5 million in 2025, $ 1.9 billion in 2026, $ 1.1 billion in 2027, $ 56 million in 2028, $ 1.2 billion in 2029 and $ 4.8 billion thereafter. Long-term debt is generally redeemable in whole or in part at the greater of the principal amount or the net present value of remaining scheduled payments discounted at the specified treasury rate plus a margin. </context> | us-gaap:LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive |
At December 31, 2024, the aggregate long-term debt maturing in each of the next five years is approximately as follows: $ 5 million in 2025, $ 1.9 billion in 2026, $ 1.1 billion in 2027, $ 56 million in 2028, $ 1.2 billion in 2029 and $ 4.8 billion thereafter. Long-term debt is generally redeemable in whole or in part at the greater of the principal amount or the net present value of remaining scheduled payments discounted at the specified treasury rate plus a margin. | text | 4.8 | monetaryItemType | text: <entity> 4.8 </entity> <entity type> monetaryItemType </entity type> <context> At December 31, 2024, the aggregate long-term debt maturing in each of the next five years is approximately as follows: $ 5 million in 2025, $ 1.9 billion in 2026, $ 1.1 billion in 2027, $ 56 million in 2028, $ 1.2 billion in 2029 and $ 4.8 billion thereafter. Long-term debt is generally redeemable in whole or in part at the greater of the principal amount or the net present value of remaining scheduled payments discounted at the specified treasury rate plus a margin. </context> | us-gaap:LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive |
CNA is a member of the Federal Home Loan Bank of Chicago (“FHLBC”). FHLBC membership provides participants with access to additional sources of liquidity through various programs and services. As a requirement of membership in the FHLBC, CNA held $ 5 million of FHLBC stock as of December 31, 2024, giving it access to approximately $ 108 million of additional liquidity. As of December 31, 2024 and 2023, CNA had no outstanding borrowings from the FHLBC. | text | 5 | monetaryItemType | text: <entity> 5 </entity> <entity type> monetaryItemType </entity type> <context> CNA is a member of the Federal Home Loan Bank of Chicago (“FHLBC”). FHLBC membership provides participants with access to additional sources of liquidity through various programs and services. As a requirement of membership in the FHLBC, CNA held $ 5 million of FHLBC stock as of December 31, 2024, giving it access to approximately $ 108 million of additional liquidity. As of December 31, 2024 and 2023, CNA had no outstanding borrowings from the FHLBC. </context> | us-gaap:FederalHomeLoanBankStock |
CNA is a member of the Federal Home Loan Bank of Chicago (“FHLBC”). FHLBC membership provides participants with access to additional sources of liquidity through various programs and services. As a requirement of membership in the FHLBC, CNA held $ 5 million of FHLBC stock as of December 31, 2024, giving it access to approximately $ 108 million of additional liquidity. As of December 31, 2024 and 2023, CNA had no outstanding borrowings from the FHLBC. | text | 108 | monetaryItemType | text: <entity> 108 </entity> <entity type> monetaryItemType </entity type> <context> CNA is a member of the Federal Home Loan Bank of Chicago (“FHLBC”). FHLBC membership provides participants with access to additional sources of liquidity through various programs and services. As a requirement of membership in the FHLBC, CNA held $ 5 million of FHLBC stock as of December 31, 2024, giving it access to approximately $ 108 million of additional liquidity. As of December 31, 2024 and 2023, CNA had no outstanding borrowings from the FHLBC. </context> | us-gaap:FederalHomeLoanBankAdvancesGeneralDebtObligationsDisclosuresAmountOfAvailableUnusedFunds |
In 2023, CNA amended and restated its existing credit agreement with a syndicate of banks. The agreement provides a five-year $ 250 million senior unsecured revolving credit facility which is intended to be used for general corporate purposes. At CNA’s election, the commitments under the amended and restated credit agreement may be increased from time to time up to an additional aggregate amount of $ 100 million, and two one-year extensions are available prior to any anniversary of the closing date, each subject to applicable consents. As of December 31, 2024, CNA had no outstanding borrowings under the credit agreement and was in compliance with all covenants. | text | 250 | monetaryItemType | text: <entity> 250 </entity> <entity type> monetaryItemType </entity type> <context> In 2023, CNA amended and restated its existing credit agreement with a syndicate of banks. The agreement provides a five-year $ 250 million senior unsecured revolving credit facility which is intended to be used for general corporate purposes. At CNA’s election, the commitments under the amended and restated credit agreement may be increased from time to time up to an additional aggregate amount of $ 100 million, and two one-year extensions are available prior to any anniversary of the closing date, each subject to applicable consents. As of December 31, 2024, CNA had no outstanding borrowings under the credit agreement and was in compliance with all covenants. </context> | us-gaap:LineOfCreditFacilityMaximumBorrowingCapacity |
In 2023, CNA amended and restated its existing credit agreement with a syndicate of banks. The agreement provides a five-year $ 250 million senior unsecured revolving credit facility which is intended to be used for general corporate purposes. At CNA’s election, the commitments under the amended and restated credit agreement may be increased from time to time up to an additional aggregate amount of $ 100 million, and two one-year extensions are available prior to any anniversary of the closing date, each subject to applicable consents. As of December 31, 2024, CNA had no outstanding borrowings under the credit agreement and was in compliance with all covenants. | text | no | monetaryItemType | text: <entity> no </entity> <entity type> monetaryItemType </entity type> <context> In 2023, CNA amended and restated its existing credit agreement with a syndicate of banks. The agreement provides a five-year $ 250 million senior unsecured revolving credit facility which is intended to be used for general corporate purposes. At CNA’s election, the commitments under the amended and restated credit agreement may be increased from time to time up to an additional aggregate amount of $ 100 million, and two one-year extensions are available prior to any anniversary of the closing date, each subject to applicable consents. As of December 31, 2024, CNA had no outstanding borrowings under the credit agreement and was in compliance with all covenants. </context> | us-gaap:LineOfCredit |
$ 500 million of 5.1 % | text | 500 | monetaryItemType | text: <entity> 500 </entity> <entity type> monetaryItemType </entity type> <context> $ 500 million of 5.1 % </context> | us-gaap:DebtInstrumentFaceAmount |
$ 500 million of 5.1 % | text | 5.1 | percentItemType | text: <entity> 5.1 </entity> <entity type> percentItemType </entity type> <context> $ 500 million of 5.1 % </context> | us-gaap:DebtInstrumentInterestRateStatedPercentage |
outstanding aggregate principal amount of its 4.0 % senior notes. | text | 4.0 | percentItemType | text: <entity> 4.0 </entity> <entity type> percentItemType </entity type> <context> outstanding aggregate principal amount of its 4.0 % senior notes. </context> | us-gaap:DebtInstrumentInterestRateStatedPercentage |
Boardwalk Pipelines has a revolving credit facility with available borrowing capacity of $ 1 billion through May 27, 2027 and a borrowing capacity of $ 912 million from May 28, 2027 to May 26, 2028. Interest rates are based on the term Secured Overnight Financing Rate (“SOFR”). As of December 31, 2024, Boardwalk Pipelines had no outstanding borrowings under its revolving credit facility. As of December 31, 2024, Boardwalk Pipelines was in compliance with its covenants under the credit agreement. | text | 1 | monetaryItemType | text: <entity> 1 </entity> <entity type> monetaryItemType </entity type> <context> Boardwalk Pipelines has a revolving credit facility with available borrowing capacity of $ 1 billion through May 27, 2027 and a borrowing capacity of $ 912 million from May 28, 2027 to May 26, 2028. Interest rates are based on the term Secured Overnight Financing Rate (“SOFR”). As of December 31, 2024, Boardwalk Pipelines had no outstanding borrowings under its revolving credit facility. As of December 31, 2024, Boardwalk Pipelines was in compliance with its covenants under the credit agreement. </context> | us-gaap:LineOfCreditFacilityRemainingBorrowingCapacity |
Boardwalk Pipelines has a revolving credit facility with available borrowing capacity of $ 1 billion through May 27, 2027 and a borrowing capacity of $ 912 million from May 28, 2027 to May 26, 2028. Interest rates are based on the term Secured Overnight Financing Rate (“SOFR”). As of December 31, 2024, Boardwalk Pipelines had no outstanding borrowings under its revolving credit facility. As of December 31, 2024, Boardwalk Pipelines was in compliance with its covenants under the credit agreement. | text | 912 | monetaryItemType | text: <entity> 912 </entity> <entity type> monetaryItemType </entity type> <context> Boardwalk Pipelines has a revolving credit facility with available borrowing capacity of $ 1 billion through May 27, 2027 and a borrowing capacity of $ 912 million from May 28, 2027 to May 26, 2028. Interest rates are based on the term Secured Overnight Financing Rate (“SOFR”). As of December 31, 2024, Boardwalk Pipelines had no outstanding borrowings under its revolving credit facility. As of December 31, 2024, Boardwalk Pipelines was in compliance with its covenants under the credit agreement. </context> | us-gaap:LineOfCreditFacilityRemainingBorrowingCapacity |
Boardwalk Pipelines has a revolving credit facility with available borrowing capacity of $ 1 billion through May 27, 2027 and a borrowing capacity of $ 912 million from May 28, 2027 to May 26, 2028. Interest rates are based on the term Secured Overnight Financing Rate (“SOFR”). As of December 31, 2024, Boardwalk Pipelines had no outstanding borrowings under its revolving credit facility. As of December 31, 2024, Boardwalk Pipelines was in compliance with its covenants under the credit agreement. | text | no | monetaryItemType | text: <entity> no </entity> <entity type> monetaryItemType </entity type> <context> Boardwalk Pipelines has a revolving credit facility with available borrowing capacity of $ 1 billion through May 27, 2027 and a borrowing capacity of $ 912 million from May 28, 2027 to May 26, 2028. Interest rates are based on the term Secured Overnight Financing Rate (“SOFR”). As of December 31, 2024, Boardwalk Pipelines had no outstanding borrowings under its revolving credit facility. As of December 31, 2024, Boardwalk Pipelines was in compliance with its covenants under the credit agreement. </context> | us-gaap:LineOfCredit |
In December of 2024, Boardwalk Pipelines retired at maturity the $ 600 million outstanding aggregate principal amount of its 5.0 % senior notes. | text | 600 | monetaryItemType | text: <entity> 600 </entity> <entity type> monetaryItemType </entity type> <context> In December of 2024, Boardwalk Pipelines retired at maturity the $ 600 million outstanding aggregate principal amount of its 5.0 % senior notes. </context> | us-gaap:DebtInstrumentFaceAmount |
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