Loews Corp.
Cash Flow Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $1.67B | $1.41B | $1.43B | $822.0M | $1.56B | $-931.0M | $932.0M | $636.0M |
| Depreciation & Amortization | $607.0M | $580.0M | $534.0M | $509.0M | $503.0M | $673.0M | $898.0M | $880.0M |
| Depreciation | — | — | — | — | — | — | — | — |
| Amortization | — | $4.0M | $3.0M | $3.0M | $3.0M | $61.0M | $45.0M | $32.0M |
| Stock-Based Compensation | — | — | — | — | — | — | — | — |
| Net Cash from Operating Activities | $3.28B | $3.03B | $3.91B | $3.31B | $2.62B | $1.75B | $1.74B | $4.22B |
| Investing Activities | ||||||||
| Capital Expenditures | $579.0M | $632.0M | $686.0M | $660.0M | $482.0M | $710.0M | $1.04B | $995.0M |
| Business Acquisitions | — | — | $401.0M | — | — | $58.0M | $257.0M | $37.0M |
| Net Cash from Investing Activities | $-2.83B | $-1.98B | $-2.75B | $-2.35B | $-1.19B | $-1.41B | $-671.0M | $-1.44B |
| Financing Activities | ||||||||
| Dividends Paid | $52.0M | $55.0M | $57.0M | $61.0M | $65.0M | $70.0M | $76.0M | $80.0M |
| Stock Repurchases | $806.0M | $608.0M | $849.0M | $729.0M | $1.14B | $923.0M | $1.05B | $1.03B |
| Net Cash from Financing Activities | $-513.0M | $-898.0M | $-1.30B | $-1.04B | $-1.29B | $-198.0M | $-1.14B | $-2.84B |
| Net Change in Cash | $-46.0M | $142.0M | $-133.0M | $-89.0M | $143.0M | $142.0M | $-69.0M | $-67.0M |
| Free Cash Flow | $2.70B | $2.39B | $3.22B | $2.65B | $2.14B | $1.04B | $700.0M | $3.23B |