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Revenue Recognition (Tables)

9 Months Ended

Sep. 30, 2021

Revenue from Contract with Customer [Abstract]

Disaggregation of Revenue

Our revenue consists of:

																		Three months ended September 30,												Nine months ended September 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						$	896					$	733					$	2,546					$	1,854
Agency title insurance premiums						Agency title insurance premiums						Title						1,318						981						3,632						2,497
Life insurance premiums, insurance and investment product fees, and other						Escrow, title-related and other fees						F&G						431						60						557						80
Home warranty						Escrow, title-related and other fees						Title						57						51						144						140
Total revenue from insurance contracts																		2,702						1,825						6,879						4,571
Revenue from contracts with customers:
Escrow fees						Escrow, title-related and other fees						Title						359						334						1,057						814
Other title-related fees and income						Escrow, title-related and other fees						Title						226						189						663						516
ServiceLink, excluding title premiums, escrow fees, and subservicing fees						Escrow, title-related and other fees						Title						108						92						295						284
Real estate technology						Escrow, title-related and other fees						Corporate and other						37						29						105						81
Real estate brokerage						Escrow, title-related and other fees						Corporate and other						—						7						—						19
Other						Escrow, title-related and other fees						Corporate and other						7						15						28						14
Total revenue from contracts with customers																		737						666						2,148						1,728
Other revenue:
Loan subservicing revenue						Escrow, title-related and other fees						Title						99						76						274						253
Interest and investment income						Interest and investment income						Various						508						336						1,424						541
Recognized gains and losses, net						Recognized gains and losses, net						Various						(154)						73						121						(85)
Total revenues						Total revenues												$	3,892					$	2,976					$	10,846					$	7,008

Information about Trade Receivables and Deferred Revenue

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

			September 30, 2021						December 31, 2020
			(In millions)
Trade receivables			$	484					$	404
Deferred revenue (contract liabilities)			108						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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