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Revenue Recognition (Tables) | 6 Months Ended
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Jun. 30, 2022
Revenue from Contract with Customer [Abstract] |
Disaggregation of Revenue | Our revenue consists of:
|  |  |  |  |  | Three months ended June 30, |  | Six months ended June 30,
|  |  |  |  |  | 2022 |  | 2021 |  | 2022 |  | 2021
Revenue Stream |  | Income Statement Classification |  | Segment |  | Total Revenue
Revenue from insurance contracts: |  |  |  |  |  | (in millions)
Direct title insurance premiums |  | Direct title insurance premiums |  | Title |  | $ | 859 |  |  | $ | 904 |  |  | $ | 1,626 |  |  | $ | 1,650 |
Agency title insurance premiums |  | Agency title insurance premiums |  | Title |  | 1,203 |  |  | 1,256 |  |  | 2,302 |  |  | 2,314 |
Life insurance premiums, insurance and investment product fees, and other |  | Escrow, title-related and other fees |  | F&G |  | 68 |  |  | 62 |  |  | 662 |  |  | 126 |
Home warranty |  | Escrow, title-related and other fees |  | Title |  | 43 |  |  | 48 |  |  | 77 |  |  | 87 |
Total revenue from insurance contracts |  |  |  |  |  | 2,173 |  |  | 2,270 |  |  | 4,667 |  |  | 4,177 |
Revenue from contracts with customers: |  |  |  |  |  |  |  |  |  |  |  |
Escrow fees |  | Escrow, title-related and other fees |  | Title |  | 294 |  |  | 374 |  |  | 559 |  |  | 698 |
Other title-related fees and income |  | Escrow, title-related and other fees |  | Title |  | 210 |  |  | 232 |  |  | 406 |  |  | 437 |
ServiceLink, excluding title premiums, escrow fees, and subservicing fees |  | Escrow, title-related and other fees |  | Title |  | 92 |  |  | 97 |  |  | 186 |  |  | 187 |
Real estate technology |  | Escrow, title-related and other fees |  | Corporate and other |  | 41 |  |  | 24 |  |  | 79 |  |  | 56 |
Other |  | Escrow, title-related and other fees |  | Corporate and other |  | (33) |  |  | 23 |  |  | (40) |  |  | 33 |
Total revenue from contracts with customers |  |  |  |  |  | 604 |  |  | 750 |  |  | 1,190 |  |  | 1,411 |
Other revenue: |  |  |  |  |  |  |  |  |  |  |  |
Loan subservicing revenue |  | Escrow, title-related and other fees |  | Title |  | 67 |  |  | 88 |  |  | 143 |  |  | 175 |
Interest and investment income |  | Interest and investment income |  | Various |  | 463 |  |  | 514 |  |  | 941 |  |  | 916 |
Recognized gains and losses, net |  | Recognized gains and losses, net |  | Various |  | (676) |  |  | 232 |  |  | (1,145) |  |  | 275 |
Total revenues |  | Total revenues |  |  |  | $ | 2,631 |  |  | $ | 3,854 |  |  | $ | 5,796 |  |  | $ | 6,954 |
Information about Trade Receivables and Deferred Revenue | The following table provides information about trade receivables and deferred revenue:
| June 30, 2022 |  | December 31, 2021
| (In millions)
Trade receivables | $ | 497 |  |  | $ | 524 |
Deferred revenue (contract liabilities) | 257 |  |  | 144 |

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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 Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 606 -SubTopic 10 -Section 50 -Paragraph 10 -URI https://asc.fasb.org/extlink&oid=126920106&loc=SL49130551-203045 + Details
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- 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 https://asc.fasb.org/extlink&oid=126920106&loc=SL49130545-203045 + Details
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