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Segment Information
9 Months Ended
Sep. 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 nine months ended September 30, 2020 present four months of F&G activity.
As of and for the three months ended September 30, 2021:
 TitleF&GCorporate and OtherTotal
 (In millions)
Title premiums$2,214 $— $— $2,214 
Other revenues849 431 44 1,324 
Revenues from external customers3,063 431 44 3,538 
Interest and investment income, including recognized gains and losses, net(142)496 — 354 
Total revenues2,921 927 44 3,892 
Depreciation and amortization36 210 252 
Interest expense— 21 27 
Earnings (loss) from continuing operations before income taxes and equity in earnings (loss) of unconsolidated affiliates486 472 (32)926 
Income tax expense (benefit)126 96 (9)213 
Earnings (loss) from continuing operations before equity in earnings (loss) of unconsolidated affiliates360 376 (23)713 
Equity in earnings of unconsolidated affiliates26 — 27 
Net earnings (loss) from continuing operations$386 $376 $(22)$740 
Assets$9,994 $46,723 $1,789 $58,506 
Goodwill2,493 1,756 266 4,515 
As of and for the three months ended September 30, 2020:
 TitleF&GCorporate and OtherTotal
 (In millions)
Title premiums$1,714 $— $— $1,714 
Other revenues742 60 51 853 
Revenues from external customers2,456 60 51 2,567 
Interest and investment income, including recognized gains and losses, net28 382 (1)409 
Total revenues2,484 442 50 2,976 
Depreciation and amortization39 56 100 
Interest expense— 22 29 
Earnings (loss) from continuing operations before income taxes and equity in earnings of unconsolidated affiliates507 72 (40)539 
Income tax expense (benefit)129 (2)133 
Earnings (loss) from continuing operations before equity in earnings (loss) of unconsolidated affiliates378 66 (38)406 
Equity in earnings (loss) of unconsolidated affiliates— 7 
Net earnings (loss) from continuing operations$383 $66 $(36)$413 
Assets$9,107 $39,716 $1,062 $49,885 
Goodwill2,461 1,731 266 4,458 
As of and for the nine months ended September 30, 2021:
 TitleF&GCorporate and OtherTotal
 (In millions)
Title premiums$6,178 $— $— $6,178 
Other revenues2,433 557 133 3,123 
Revenues from external customers8,611 557 133 9,301 
Interest and investment income, including recognized gains and losses, net(175)1,711 1,545 
Total revenues8,436 2,268 142 10,846 
Depreciation and amortization103 419 18 540 
Interest expense— 21 62 83 
Earnings (loss) from continuing operations before income taxes and equity in earnings (loss) of unconsolidated affiliates1,569 925 (98)2,396 
Income tax expense (benefit)389 189 (23)555 
Earnings (loss) from continuing operations before equity in earnings (loss) of unconsolidated affiliates1,180 736 (75)1,841 
Equity in earnings of unconsolidated affiliates48 — 54 
Net earnings (loss) from continuing operations$1,228 $736 $(69)$1,895 
Assets$9,994 $46,723 $1,789 $58,506 
Goodwill2,493 1,756 266 4,515 
As of and for the nine months ended September 30, 2020:
 TitleF&GCorporate and OtherTotal
 (In millions)
Title premiums$4,351 $— $— $4,351 
Other revenues2,007 80 114 2,201 
Revenues from external customers6,358 80 114 6,552 
Interest and investment income, including recognized gains and losses, net(27)486 (3)456 
Total revenues6,331 566 111 7,008 
Depreciation and amortization113 59 17 189 
Interest expense10 51 62 
Earnings (loss) from continuing operations before income taxes and equity in earnings of unconsolidated affiliates982 14 (142)854 
Income tax expense (benefit)240 (8)(38)194 
Earnings (loss) from continuing operations before equity in earnings (loss) of unconsolidated affiliates742 22 (104)660 
Equity in earnings (loss) of unconsolidated affiliates— 9 
Net earnings (loss)$750 $22 $(103)$669 
Assets$9,107 $39,716 $1,062 $49,885 
Goodwill2,461 1,731 266 4,458 

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, indexed universal life insurance, funding agreements and PRT solutions.
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.