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Segment Information
12 Months Ended
Dec. 31, 2022
Segment Reporting [Abstract]  
Segment Information Segment Information
Summarized financial information concerning our reportable segments is shown in the following tables. On June 1, 2020, we completed our acquisition of F&G. As a result, the year ended December 31, 2020 includes seven months of activity from our F&G segment.
As of and for the year ended December 31, 2022:
 TitleF&GCorporate and OtherTotal
 (In millions)
Title premiums$6,834 $— $— $6,834 
Other revenues2,502 1,695 127 4,324 
Revenues from external customers9,336 1,695 127 11,158 
Interest and investment income, including recognized gains and losses(230)645 (17)398 
Total revenues9,106 2,340 110 11,556 
Depreciation and amortization142 329 25 496 
Interest expense— 29 86 115 
Earnings (loss) from continuing operations before income taxes and equity in earnings of unconsolidated affiliates1,090 598 (153)1,535 
Income tax expense (benefit)298 117 (17)398 
Earnings (loss) before equity in earnings (loss) of unconsolidated affiliates792 481 (136)1,137 
Equity in earnings of unconsolidated affiliates15 — — 15 
Net earnings (loss) from continuing operations$807 $481 $(136)$1,152 
Assets$8,295 $55,077 $2,217 $65,589 
Goodwill2,620 1,756 266 4,642 

As of and for the year ended December 31, 2021:
 TitleF&GCorporate and OtherTotal
 (In millions)
Title premiums$8,553 $— $— $8,553 
Other revenues3,228 1,395 172 4,795 
Revenues from external customers11,781 1,395 172 13,348 
Interest and investment income, including recognized gains and losses(284)2,567 12 2,295 
Total revenues11,497 3,962 184 15,643 
Depreciation and amortization138 484 23 645 
Interest expense— 29 85 114 
Earnings (loss) before income taxes and equity in earnings of unconsolidated affiliates2,136 1,077 (130)3,083 
Income tax expense (benefit)511 220 (18)713 
Earnings (loss) before equity in earnings of unconsolidated affiliates1,625 857 (112)2,370 
Equity in earnings of unconsolidated affiliates58 — 64 
Net earnings (loss)$1,683 $857 $(106)$2,434 
Assets$9,663 $48,730 $2,297 $60,690 
Goodwill2,517 1,756 266 4,539 
As of and for the year ended December 31, 2020:
 TitleF&GCorporate and OtherTotal
 (In millions)
Title premiums$6,298 $— $— $6,298 
Other revenues2,782 138 172 3,092 
Revenues from external customers9,080 138 172 9,390 
Interest and investment income, including recognized gains and losses294 1,095 (1)1,388 
Total revenues9,374 1,233 171 10,778 
Depreciation and amortization149 123 24 296 
Interest expense18 71 90 
Earnings (loss) before income taxes and equity in earnings of unconsolidated affiliates1,878 86 (180)1,784 
Income tax expense (benefit)432 (75)(35)322 
Earnings (loss) before equity in earnings of unconsolidated affiliates1,446 161 (145)1,462 
Equity in earnings of unconsolidated affiliates14 — 15 
Net earnings (loss)$1,460 $161 $(144)$1,477 
Assets$9,211 $39,714 $1,530 $50,455 
Goodwill2,478 1,751 266 4,495 

The activities in our segments include the following:
Title. This segment consists of the operations of our title insurance underwriters and related businesses. This segment provides core title insurance and escrow and other title-related services including trust activities, trustee sales guarantees, and home warranty products. This segment also includes our transaction services business, which includes other title-related services used in the production and management of mortgage loans, including mortgage loans that experience default.
F&G. This segment primarily consists of the operations of our annuities and life insurance related businesses. This segment issues a broad portfolio of annuity and life products, including deferred annuities (fixed indexed and fixed rate annuities), immediate annuities and indexed universal life insurance. This segment also provides funding agreements and pension risk transfer solutions.
Corporate and Other. This segment consists of the operations of the parent holding company, our real estate technology subsidiaries and our remaining real estate brokerage businesses. This segment also includes certain other unallocated corporate overhead expenses and eliminations of revenues and expenses between it and our Title segment.
Refer to Note L Revenue Recognition for a description of our accounting for our various revenue streams.