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Revenue Recognition (Tables)

6 Months Ended

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

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 https://asc.fasb.org/extlink&oid=126920106&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 https://asc.fasb.org/extlink&oid=126920106&loc=SL49130545-203045

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- References

No definition available.

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