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Segment Information
6 Months Ended
Jun. 30, 2021
Segment Reporting [Abstract]  
Segment Information Segment Information
Summarized financial information concerning our reportable segments is shown in the following tables. On June 1, 2020, we completed our acquisition of F&G. As a result, the tables for the three and six months ended June 30, 2020 present one month of F&G activity.
As of and for the three months ended June 30, 2021:
 TitleF&GCorporate and OtherTotal
 (In millions)
Title premiums$2,160 $— $— $2,160 
Other revenues839 62 47 948 
Revenues from external customers2,999 62 47 3,108 
Interest and investment income, including recognized gains and losses, net(3)740 746 
Total revenues2,996 802 56 3,854 
Depreciation and amortization34 65 105 
Interest expense— 21 28 
Earnings (loss) from continuing operations before income taxes and equity in earnings (loss) of unconsolidated affiliates644 97 (28)713 
Income tax expense (benefit)160 21 (5)176 
Earnings (loss) from continuing operations before equity in earnings (loss) of unconsolidated affiliates484 76 (23)537 
Equity in earnings of unconsolidated affiliates14 — — 14 
Net earnings (loss) from continuing operations$498 $76 $(23)$551 
Assets$9,565 $43,206 $1,749 $54,520 
Goodwill2,484 1,756 266 4,506 
As of and for the three months ended June 30, 2020:
 TitleF&GCorporate and OtherTotal
 (In millions)
Title premiums$1,359 $— $— $1,359 
Other revenues655 20 72 747 
Revenues from external customers2,014 20 72 2,106 
Interest and investment income, including recognized gains and losses, net210 104 — 314 
Total revenues2,224 124 72 2,420 
Depreciation and amortization37 46 
Interest expense17 21 
Earnings (loss) from continuing operations before income taxes and equity in earnings of unconsolidated affiliates528 (58)(69)401 
Income tax expense (benefit)130 (14)(27)89 
Earnings (loss) from continuing operations before equity in earnings (loss) of unconsolidated affiliates398 (44)(42)312 
Equity in earnings (loss) of unconsolidated affiliates— (1)1 
Net earnings (loss) from continuing operations$400 $(44)$(43)$313 
Assets$8,875 $38,311 $815 $48,001 
Goodwill2,462 1,725 265 4,452 
As of and for the six months ended June 30, 2021:
 TitleF&GCorporate and OtherTotal
 (In millions)
Title premiums$3,964 $— $— $3,964 
Other revenues1,584 126 89 1,799 
Revenues from external customers5,548 126 89 5,763 
Interest and investment income, including recognized gains and losses, net(33)1,215 1,191 
Total revenues5,515 1,341 98 6,954 
Depreciation and amortization67 209 12 288 
Interest expense— 15 41 56 
Earnings (loss) from continuing operations before income taxes and equity in earnings (loss) of unconsolidated affiliates1,083 453 (66)1,470 
Income tax expense (benefit)263 93 (14)342 
Earnings (loss) from continuing operations before equity in earnings (loss) of unconsolidated affiliates820 360 (52)1,128 
Equity in earnings of unconsolidated affiliates22 — 27 
Net earnings (loss) from continuing operations$842 $360 $(47)$1,155 
Assets$9,565 $43,206 $1,749 $54,520 
Goodwill2,484 1,756 266 4,506 
As of and for the six months ended June 30, 2020:
 TitleF&GCorporate and OtherTotal
 (In millions)
Title premiums$2,637 $— $— $2,637 
Other revenues1,265 20 63 1,348 
Revenues from external customers3,902 20 63 3,985 
Interest and investment income, including recognized gains and losses, net(55)104 (2)47 
Total revenues3,847 124 61 4,032 
Depreciation and amortization74 12 89 
Interest expense29 33 
Earnings (loss) from continuing operations before income taxes and equity in earnings of unconsolidated affiliates475 (58)(102)315 
Income tax expense (benefit)111 (14)(36)61 
Earnings (loss) from continuing operations before equity in earnings (loss) of unconsolidated affiliates364 (44)(66)254 
Equity in earnings (loss) of unconsolidated affiliates— (1)2 
Net earnings (loss)$367 $(44)$(67)$256 
Assets$8,875 $38,311 $815 $48,001 
Goodwill2,462 1,725 265 4,452 

The activities in our segments include the following:
Title. This segment consists of the operations of our title insurance underwriters and related businesses. This segment provides core title insurance and escrow and other title-related services including trust activities, trustee sales guarantees, and home warranty products. This segment also includes our transaction services business, which includes other title-related services used in the production and management of mortgage loans, including mortgage loans that experience default.
F&G. This segment consists of operations of our annuities and life insurance related businesses. This segment issues a broad portfolio of deferred annuities (fixed index and fixed rate annuities), immediate annuities and indexed universal life insurance.
Corporate and Other. This segment consists of the operations of the parent holding company, our real estate technology subsidiaries and our remaining real estate brokerage businesses. This segment also includes certain other unallocated corporate overhead expenses and eliminations of revenues and expenses between it and our Title segment.