$L
LOEWS CORP

2015 Q4 Form 10-Q Financial Statement

#000119312515363726 Filed on November 03, 2015

View on sec.gov

Income Statement

Concept 2015 Q4 2015 Q3 2014 Q4
Revenue $3.333B $3.169B $3.521B
YoY Change -5.34% -10.05% -6.9%
Cost Of Revenue $1.200B
YoY Change -11.37%
Gross Profit $1.969B
YoY Change -9.22%
Gross Profit Margin 62.13%
Selling, General & Admin
YoY Change
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $955.0M $319.0M $899.0M
YoY Change 6.23% -3.92% 3.21%
% of Gross Profit 16.2%
Operating Expenses $3.710B $2.693B $2.952B
YoY Change 25.68% -12.08% 2.36%
Operating Profit -$724.0M
YoY Change -19.02%
Interest Expense -$127.0M $128.0M -$129.0M
YoY Change -1.55% 5.79% 18.35%
% of Operating Profit
Other Income/Expense, Net
YoY Change
Pretax Income -$504.0M $348.0M $411.0M
YoY Change -222.63% 2.65% -17.47%
Income Tax -$213.0M $66.00M $110.0M
% Of Pretax Income 18.97% 26.76%
Net Earnings -$201.0M $182.0M $208.0M
YoY Change -196.63% -12.5% -205.05%
Net Earnings / Revenue -6.03% 5.74% 5.91%
Basic Earnings Per Share $0.56
Diluted Earnings Per Share -$580.1K $504.0K $0.55
COMMON SHARES
Basic Shares Outstanding 354.3M shares 360.9M shares 374.1M shares
Diluted Shares Outstanding 361.1M shares

Balance Sheet

Concept 2015 Q4 2015 Q3 2014 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments
YoY Change
Cash & Equivalents $440.0M
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets
YoY Change
LONG-TERM ASSETS
Property, Plant & Equipment $15.48B $15.90B $15.61B
YoY Change -0.86% 10.35% 15.43%
Goodwill $351.0M $352.0M $374.0M
YoY Change -6.15% -0.28% 4.76%
Intangibles
YoY Change
Long-Term Investments $234.0M $50.55B $158.0M
YoY Change 48.1% -3.98% -34.71%
Other Assets $0.00
YoY Change -100.0%
Total Long-Term Assets
YoY Change
TOTAL ASSETS
Total Short-Term Assets
Total Long-Term Assets
Total Assets $76.01B $77.53B $78.37B
YoY Change -3.01% -1.27% -1.97%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable
YoY Change
Accrued Expenses
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $1.040B $1.278B $335.0M
YoY Change 210.45% 50.35% -59.1%
Total Short-Term Liabilities $1.040B $1.278B $335.0M
YoY Change 210.45% 50.35% -59.1%
LONG-TERM LIABILITIES
Long-Term Debt $9.520B $9.492B $10.33B
YoY Change -7.87% -5.56% 8.48%
Other Long-Term Liabilities $5.201B $4.987B $5.103B
YoY Change 1.92% 5.57% -3.06%
Total Long-Term Liabilities $14.72B $14.48B $15.44B
YoY Change -4.63% -2.0% 4.37%
TOTAL LIABILITIES
Total Short-Term Liabilities $1.040B $1.278B $335.0M
Total Long-Term Liabilities $14.72B $14.48B $15.44B
Total Liabilities $53.20B $53.38B $53.72B
YoY Change -0.97% -0.06% -2.39%
SHAREHOLDERS EQUITY
Retained Earnings $14.73B $15.91B $15.52B
YoY Change -5.05% 0.56% 0.05%
Common Stock $3.187B $3.494B $3.485B
YoY Change -8.55% -3.4% -3.49%
Preferred Stock
YoY Change
Treasury Stock (at cost) $633.0M
YoY Change 52.53%
Treasury Stock Shares 0.000 shares 16.32M shares 0.000 shares
Shareholders Equity $17.56B $18.74B $19.28B
YoY Change
Total Liabilities & Shareholders Equity $76.01B $77.53B $78.37B
YoY Change -3.01% -1.27% -1.97%

Cashflow Statement

Concept 2015 Q4 2015 Q3 2014 Q4
OPERATING ACTIVITIES
Net Income -$201.0M $182.0M $208.0M
YoY Change -196.63% -12.5% -205.05%
Depreciation, Depletion And Amortization $955.0M $319.0M $899.0M
YoY Change 6.23% -3.92% 3.21%
Cash From Operating Activities $1.352B $1.108B $894.0M
YoY Change 51.23% 21.09% 16.56%
INVESTING ACTIVITIES
Capital Expenditures -$108.0M -$220.0M -$1.158B
YoY Change -90.67% -50.34% 169.3%
Acquisitions $230.0M
YoY Change
Other Investing Activities -$240.0M -$333.0M $653.0M
YoY Change -136.75% -152.28% -165.1%
Cash From Investing Activities -$348.0M -$553.0M -$505.0M
YoY Change -31.09% -385.05% -64.76%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -887.0M -472.0M -657.0M
YoY Change 35.01% -36.56% -193.46%
NET CHANGE
Cash From Operating Activities 1.352B 1.108B 894.0M
Cash From Investing Activities -348.0M -553.0M -505.0M
Cash From Financing Activities -887.0M -472.0M -657.0M
Net Change In Cash 117.0M 83.00M -268.0M
YoY Change -143.66% -77.26% -824.32%
FREE CASH FLOW
Cash From Operating Activities $1.352B $1.108B $894.0M
Capital Expenditures -$108.0M -$220.0M -$1.158B
Free Cash Flow $1.460B $1.328B $2.052B
YoY Change -28.85% -2.21% 71.43%

Facts In Submission

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