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Revenue Recognition (Tables)

12 Months Ended

Dec. 31, 2021

Revenue from Contract with Customer [Abstract]

Disaggregation of Revenue

Our revenue consists of:

																								Year Ended December 31,
																														2021						2020						2019
Revenue Stream						Income Statement Classification						Segment																		Total Revenue
Revenue from insurance contracts:																														(in millions)
Direct title insurance premiums						Direct title insurance premiums						Title																		$	3,571					$	2,699					$	2,381
Agency title insurance premiums						Agency title insurance premiums						Title																		4,982						3,599						2,961
Life insurance premiums, insurance and investment product fees, and other (1)						Escrow, title-related and other fees						F&G																		1,395						138						—
Home warranty						Escrow, title-related and other fees						Title																		185						181						177
Total revenue from insurance contracts																														10,133						6,617						5,519
Revenue from contracts with customers:
Escrow fees						Escrow, title-related and other fees						Title																		1,395						1,170						899
Other title-related fees and income						Escrow, title-related and other fees						Title																		888						724						639
ServiceLink, excluding title premiums, escrow fees, and subservicing fees						Escrow, title-related and other fees						Title																		396						368						389
Real estate technology						Escrow, title-related and other fees						Corporate and other																		142						112						110
Real estate brokerage						Escrow, title-related and other fees						Corporate and other																		—						25						39
Other						Escrow, title-related and other fees						Corporate and other																		30						36						46
Total revenue from contracts with customers																														2,851						2,435						2,122
Other revenue:
Loan subservicing revenue						Escrow, title-related and other fees						Title																		364						338						285
Interest and investment income						Interest and investment income						Various																		1,961						900						225
Recognized gains and losses, net						Recognized gains and losses, net						Various																		334						488						318
Total revenues						Total revenues																								$	15,643					$	10,778					$	8,469
(1) Includes $1,146 of life-contingent pension risk transfer premiums in 2021

Information about Trade Receivables and Deferred Revenue

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

			December 31, 2021						December 31, 2020
			(In millions)
Trade receivables			$	524					$	404
Deferred revenue (contract liabilities)			144						117

Premium, Annuity Deposits and Funding Agreements (Net of Reinsurance) By Type

Premiums, annuity deposits (net of reinsurance) and funding agreements, which are not included as revenues in the accompanying Consolidated Statements of Earnings, collected by product type were as follows:

			Year ended						Seven months ended
			December 31, 2021						December 31, 2020
Product Type
Fixed indexed annuities			4,420						1,966
Fixed rate annuities			878						631
Funding agreements (FABN/FHLB)			2,658						100
Life insurance and other (a)			329						152
Total			$	8,285					$	2,849

(a) Life insurance and other primarily includes indexed universal life insurance.

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- 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

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-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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