Others have it correct, as the datasheet says. It may be worth pointing out that the LM337 is exactly analogous to the more popular LM317. The LM317 takes a positive voltage as input and outputs a lower magnitude, but regulated, positive voltage. The LM337 takes a negative voltage as input and outputs a lower magnitude, but regulated, negative voltage.
Both of them behave as though they are "smart" variable resistors between Vin and Vout, as though there's a magical elf inside watching a voltmeter and quickly dialing in just the right amount of resistance to drop the voltage to exactly the desired value. I don't think they really put elves inside, but the point is that, as a linear device, the current in is equal to the current out (with a small correction factor due to the current through the ADJ pin), and there is no voltage boosting nor polarity reversing.