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Revenue Recognition (Tables)

6 Months Ended

Jun. 30, 2021

Revenue from Contract with Customer [Abstract]

Disaggregation of Revenue

Our revenue consists of:

																		Three months ended June 30,												Six months ended June 30,
																		2021						2020						2021						2020
Revenue Stream						Income Statement Classification						Segment						Total Revenue
Revenue from insurance contracts:																		(in millions)
Direct title insurance premiums						Direct title insurance premiums						Title						$	904					$	575					$	1,650					$	1,121
Agency title insurance premiums						Agency title insurance premiums						Title						1,256						784						2,314						1,516
Life insurance premiums, insurance and investment product fees, and other						Escrow, title-related and other fees						F&G						62						20						126						20
Home warranty						Escrow, title-related and other fees						Title						48						46						87						89
Total revenue from insurance contracts																		2,270						1,425						4,177						2,746
Revenue from contracts with customers:
Escrow fees						Escrow, title-related and other fees						Title						374						259						698						480
Other title-related fees and income						Escrow, title-related and other fees						Title						232						168						437						327
ServiceLink, excluding title premiums, escrow fees, and subservicing fees						Escrow, title-related and other fees						Title						97						86						187						192
Real estate technology						Escrow, title-related and other fees						Corporate and other						24						24						56						51
Real estate brokerage						Escrow, title-related and other fees						Corporate and other						—						6						—						12
Other						Escrow, title-related and other fees						Corporate and other						23						42						33						—
Total revenue from contracts with customers																		750						585						1,411						1,062
Other revenue:
Loan subservicing revenue						Escrow, title-related and other fees						Title						88						96						175						177
Interest and investment income						Interest and investment income						Various						514						152						916						205
Recognized gains and losses, net						Recognized gains and losses, net						Various						232						162						275						(158)
Total revenues						Total revenues												$	3,854					$	2,420					$	6,954					$	4,032

Information about Trade Receivables and Deferred Revenue

The following table provides information about trade receivables and deferred revenue:

			June 30, 2021						December 31, 2020
			(In millions)
Trade receivables			$	462					$	404
Deferred revenue (contract liabilities)			119						117

X

- Definition

Tabular disclosure of receivable, contract asset, and contract liability from contract with customer. Includes, but is not limited to, change in contract asset and contract liability.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 606
-SubTopic 10
-Section 50
-Paragraph 10
-URI http://asc.fasb.org/extlink&oid=123351226&loc=SL49130551-203045

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X

- Definition

Tabular disclosure of disaggregation of revenue into categories depicting how nature, amount, timing, and uncertainty of revenue and cash flows are affected by economic factor.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 606
-SubTopic 10
-Section 50
-Paragraph 5
-URI http://asc.fasb.org/extlink&oid=123351226&loc=SL49130545-203045

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- References

No definition available.

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