UNITED STATES
                    SECURITIES AND EXCHANGE COMMISSION
                          Washington, D.C. 20549

                              SCHEDULE 13D/A

                Under the Securities Exchange Act of 1934
                           (Amendment No. 18)
                                         ---

                                 CBS Inc.
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                             (Name of Issuer)

                                Common Stock
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                       (Title of Class of Securities)

                                124845 10 8
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                               (CUSIP Number)

        Barry Hirsch, Senior Vice President and Secretary
                        Loews Corporation
   667 Madison Avenue, New York, New York 10021 (212) 545-2920  
- -----------------------------------------------------------------
          (Name, Address and Telephone Number of Person
         Authorized to Receive Notices and Communications)

                             August 31, 1994              
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     (Date of Event which Required Filing of this Statement)

If the filing person has previously filed a statement on Schedule
13G to report the acquisition which is the subject of this
Schedule 13D, and is filing this schedule because of Rule 13d-
1(b)(3) or (4), check the following box __.

Check the following box if a fee is being paid with the statement
__.

The information required on the remainder of this cover page
shall not be deemed to be "filed" for the purpose of Section 18
of the Securities Exchange Act of 1934 ("Act") or otherwise
subject to the liabilities of that section of the Act but shall
be subject to all other provisions of the Act (however, see the
Notes).

                             Page 1

                          SCHEDULE 13D/A
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CUSIP No. 124845 10 8
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1 NAME OF REPORTING PERSON
   S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON

   LOEWS CORPORATION
   IRS Identification No. 13-2646102                
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP         (a)/ /
     N/A                                                   (b)/ /
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3 SEC USE ONLY

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4 SOURCE OF FUNDS
         WC
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5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
   PURSUANT TO ITEMS 2(d) OR  2(e)                            / /
         N/A
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6 CITIZENSHIP OR PLACE OF ORGANIZATION
         Delaware
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   NUMBER OF    7 SOLE VOTING POWER
     SHARES          2,197,457
 BENEFICIALLY --------------------------------------------------- 
    OWNED BY    8 SHARED VOTING POWER
      EACH                   0
   REPORTING  ---------------------------------------------------
     PERSON     9 SOLE DISPOSITIVE POWER
      WITH           2,197,457
              --------------------------------------------------- 
               10 SHARED DISPOSITIVE POWER
                             0 
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11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
         2,197,457
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12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN 
    SHARES                                                    / /
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13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
        17.94%
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14 TYPE OF REPORTING PERSON
        HC
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                             Page 2

                      AMENDMENT NO. 18

                             to

                        SCHEDULE 13D

                    relating to CBS Inc.

  This Amendment No. 18 to Schedule 13D, as amended, filed by
Loews Corporation, a Delaware corporation, ("Loews"), relates to
the Common Stock, $2.50 par value per share (the "Shares"), of
CBS Inc., a New York corporation (the "Issuer"), and is being
filed pursuant to Rule 13d-2 under the Securities Exchange Act of
1934, as amended.  All of the Shares referred to herein as
beneficially owned by Loews are owned by L.T. Holding Corp., a
wholly-owned subsidiary of Loews ("Loews Holdings").

Item 5.  Interest in Securities of the Issuer
         ------------------------------------

  Item 5 is hereby supplemented as follows:
  "Effective August 22, 1994, the date on which the Issuer's
Offer to Purchase 3,500,000 Shares at $325 per Share, dated July
25, 1994 (the "Offer") expired, the Issuer purchased 831,918
Shares of the 3,029,375 Shares tendered by Loews Holding pursuant
to the Offer.  Accordingly, as of the date hereof Loews may be
deemed beneficially to own 2,197,457 Shares, which constitutes
approximately 17.94% of the total Shares outstanding as reported
by the Issuer.

                            SIGNATURE

  The undersigned certifies that after reasonable inquiry and to
the best of its knowledge and belief, the information set forth
in this Statement is true, complete and correct.


                                LOEWS CORPORATION




                            By: Barry Hirsch     
                                Senior Vice President
                                and Secretary

Dated:  September 1, 1994

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