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CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE EARNINGS - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2021
Sep. 30, 2020
Sep. 30, 2021
Sep. 30, 2020
Statement of Comprehensive Income [Abstract]        
Net earnings $ 737 $ 385 $ 1,903 $ 646
Other comprehensive earnings (loss):        
Unrealized gain (loss) on investments and other financial instruments, net of adjustments to intangible assets and unearned revenue (excluding investments in unconsolidated affiliates) [1] (65) 303 (232) 683
Unrealized gain on investments in unconsolidated affiliates [2] 8 (2) 18 5
Unrealized gain (loss) on foreign currency translation [3] (5) 5 (6) 1
Reclassification adjustments for change in unrealized gains and losses included in net earnings (30) [4] (11) [4] (82) (11)
Change in reinsurance liabilities held at fair value resulting from a change in the instrument-specific credit risk 3 (4) 3 (1)
Other comprehensive (loss) earnings (89) 291 (299) 677
Comprehensive earnings 648 676 1,604 1,323
Less: Comprehensive earnings attributable to non-controlling interests 5 7 14 20
Comprehensive earnings attributable to Fidelity National Financial, Inc. common shareholders $ 643 $ 669 $ 1,590 $ 1,303
[1] Net of income tax (benefit) expense of $(18) million and $81 million for the three-month periods ended September 30, 2021 and 2020, respectively, and $(64) million and $183 million for the nine-month periods ended September 30, 2021 and 2020, respectively.
[2] Net of income tax expense (benefit) of $3 million and $(1) million for the three-month periods ended September 30, 2021 and 2020, respectively, and $5 million and $1 million for the nine-month periods ended September 30, 2021 and 2020, respectively.
[3] Net of income tax (benefit) expense of less than $(1) million and $2 million for the three-month periods ended September 30, 2021 and 2020, respectively and less than $1 million for the nine-month periods ended September 30, 2021 and 2020.
[4] Net of income tax expense of $9 million and $3 million for the three-month periods ended September 30, 2021 and 2020, respectively, and $22 million and $3 million for the nine-month periods ended September 30, 2021 and 2020, respectively.(5)Net of income tax expense (benefit) of $1 million and $(1) million for the three-month periods ended September 30, 2021 and 2020, respectively, and $1 million and $(1) million for the nine-month periods ended September 30, 2021 and 2020, respectively.