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Revenue Recognition (Tables)

12 Months Ended

Dec. 31, 2022

Revenue from Contract with Customer [Abstract]

Disaggregation of Revenue

Our revenue consists of:

																								Year Ended December 31,
																														2022						2021						2020
Revenue Stream						Income Statement Classification						Segment																		Total Revenue
Revenue from insurance contracts:																														(In millions)
Direct title insurance premiums						Direct title insurance premiums						Title																		$	2,858					$	3,571					$	2,699
Agency title insurance premiums						Agency title insurance premiums						Title																		3,976						4,982						3,599
Life insurance premiums, insurance and investment product fees, and other (1)						Escrow, title-related and other fees						F&G																		1,695						1,395						138
Home warranty						Escrow, title-related and other fees						Title																		165						185						181
Total revenue from insurance contracts																														8,694						10,133						6,617
Revenue from contracts with customers:
Escrow fees						Escrow, title-related and other fees						Title																		980						1,395						1,170
Other title-related fees and income						Escrow, title-related and other fees						Title																		752						888						724
ServiceLink, excluding title premiums, escrow fees, and subservicing fees						Escrow, title-related and other fees						Title																		342						396						368
Real estate technology						Escrow, title-related and other fees						Corporate and other																		158						142						112
Real estate brokerage						Escrow, title-related and other fees						Corporate and other																		—						—						25
Total revenue from contracts with customers																														2,232						2,821						2,399
Other revenue:
Loan subservicing revenue						Escrow, title-related and other fees						Title																		263						364						338
Other						Escrow, title-related and other fees						Corporate and other																		(31)						30						36
Interest and investment income						Interest and investment income						Various																		1,891						1,961						900
Recognized gains and losses, net						Recognized gains and losses, net						Various																		(1,493)						334						488
Total revenues						Total revenues																								$	11,556					$	15,643					$	10,778
(1) Includes $1,362 and 1,146 of life-contingent pension risk transfer premiums in 2022 and 2021, respectively.

Information about Trade Receivables and Deferred Revenue

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

			December 31, 2022						December 31, 2021
			(In millions)
Trade receivables			$	349					$	524
Deferred revenue (contract liabilities)			296						144

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
			December 31, 2022						December 31, 2021						December 31, 2020
Product Type			(In millions)
Fixed indexed annuities			4,483						4,420						$	1,966
Fixed rate annuities			1,522						878						631
Funding agreements (FABN/FHLB)			1,891						2,658						100
Life insurance and other (a)			446						329						152
Total			$	8,342					$	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

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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+ References

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-Publisher SEC
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-Number 229
-Section 1406
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-Publisher SEC
-Name Regulation S-K (SK)
-Number 229
-Section 1406
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-Publisher SEC
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-Publisher FASB
-Name Accounting Standards Codification
-Topic 606
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-Section 50
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