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Loews Corp$50.65$.20.40%

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Income Statement for Loews Corp
(Amounts are in millions) 12/2018 12/2017 12/2016
Press Release Press Release Press Release
Net Sales or Revenues $14,066.00 $13,735.00 $13,105.00
Cost of Goods Sold $5,572.00 $5,310.00 $5,283.00
Gross Profit $8,494.00 $8,425.00 $7,822.00
       
Research & Development Expense $0.00 $0.00 $0.00
Selling, General, & Admin. Expense $7,086.00 $6,197.00 $6,350.00
Income Before Depreciation $1,408.00 $2,228.00 $1,472.00
       
Depreciation, Depletion, Amortization $0.00 $0.00 $0.00
Non-Operating Income $0.00 $0.00 $0.00
Interest Expense $574.00 $646.00 $536.00
Pretax Income $834.00 $1,582.00 $936.00
       
Provision for Income Taxes $128.00 $170.00 $220.00
Minority Interest $70.00 $248.00 $62.00
Investment Gains (Losses) $0.00 $0.00 $0.00
Other Income $0.00 $0.00 $0.00
Income Before Extraordinaries $706.00 $1,412.00 $716.00
       
Extraordinary Items & Disc. Operations $0.00 $0.00 $0.00
Net Income $636.00 $1,164.00 $654.00
       
Basic Earnings Per Share $1.99 $3.46 $1.93
Diluted Earnings Per Share $1.99 $3.45 $1.93
       
Weighted Average Basic Shares Outstanding 319.93 337.50 338.31
Weighted Average Diluted Shares Outstanding 319.93 337.50 338.31
       
Income Before Non-Recurring Items $909.04 $964.00 $899.00
Income From Non-Recurring Items ($273.04) $200.00 ($267.00)
Diluted Earnings Per Share before extras $2.84 $2.86 $2.66
       
Dividend (preferred) N/A N/A N/A
Dividend (common) $78.55 $84.16 $84.24
Dividend Per Share (common) $0.25 $0.25 $0.25




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