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Loews Corp$33.68$.14.42%

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Income Statement for Loews Corp
(Amounts are in millions) 12/2019 12/2018 12/2017
Press Release Press Release Press Release
Net Sales or Revenues $14,931.00 $14,066.00 $13,735.00
Cost of Goods Sold $5,806.00 $5,572.00 $5,310.00
Gross Profit $9,125.00 $8,494.00 $8,425.00
       
Research & Development Expense $0.00 $0.00 $0.00
Selling, General, & Admin. Expense $7,415.00 $7,086.00 $6,197.00
Income Before Depreciation $1,710.00 $1,408.00 $2,228.00
       
Depreciation, Depletion, Amortization $0.00 $0.00 $0.00
Non-Operating Income $0.00 $0.00 $0.00
Interest Expense $591.00 $574.00 $646.00
Pretax Income $1,119.00 $834.00 $1,582.00
       
Provision for Income Taxes $248.00 $128.00 $170.00
Minority Interest ($61.00) $70.00 $248.00
Investment Gains (Losses) $0.00 $0.00 $0.00
Other Income $0.00 $0.00 $0.00
Income Before Extraordinaries $871.00 $706.00 $1,412.00
       
Extraordinary Items & Disc. Operations $0.00 $0.00 $0.00
Net Income $932.00 $636.00 $1,164.00
       
Basic Earnings Per Share $3.08 $1.99 $3.46
Diluted Earnings Per Share $3.07 $1.99 $3.45
       
Weighted Average Basic Shares Outstanding 303.35 319.93 337.50
Weighted Average Diluted Shares Outstanding 303.35 319.93 337.50
       
Income Before Non-Recurring Items $1,083.00 $909.04 $964.00
Income From Non-Recurring Items ($151.00) ($273.04) $200.00
Diluted Earnings Per Share before extras $3.57 $2.84 $2.86
       
Dividend (preferred) N/A N/A N/A
Dividend (common) $74.36 $78.55 $84.16
Dividend Per Share (common) $0.25 $0.25 $0.25




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