XML 49 R38.htm IDEA: XBRL DOCUMENT
v3.23.1

Revenue Recognition (Tables) | 3 Months Ended
--- | ---
Mar. 31, 2023
Revenue from Contract with Customer [Abstract] |
Disaggregation of Revenue | Our revenue consists of:
|  |  |  |  |  | Three months ended March 31, |  |
|  |  |  |  |  | 2023 |  | 2022 |  |  |  |
Revenue Stream |  | Income Statement Classification |  | Segment |  | Total Revenue
Revenue from insurance contracts: |  |  |  |  |  | (In millions)
Direct title insurance premiums |  | Direct title insurance premiums |  | Title |  | $ | 428 |  |  | $ | 767 |  |  |  |  |
Agency title insurance premiums |  | Agency title insurance premiums |  | Title |  | 550 |  |  | 1,099 |  |  |  |  |
Life insurance premiums, insurance and investment product fees, and other |  | Escrow, title-related and other fees |  | F&G |  | 365 |  |  | 596 |  |  |  |  |
Home warranty |  | Escrow, title-related and other fees |  | Title |  | 30 |  |  | 34 |  |  |  |  |
Total revenue from insurance contracts |  |  |  |  |  | 1,373 |  |  | 2,496 |  |  |  |  |
Revenue from contracts with customers: |  |  |  |  |  |  |  |  |  |  |  |
Escrow fees |  | Escrow, title-related and other fees |  | Title |  | 160 |  |  | 265 |  |  |  |  |
Other title-related fees and income |  | Escrow, title-related and other fees |  | Title |  | 146 |  |  | 196 |  |  |  |  |
ServiceLink, excluding title premiums, escrow fees, and subservicing fees |  | Escrow, title-related and other fees |  | Title |  | 75 |  |  | 94 |  |  |  |  |
Real estate technology |  | Escrow, title-related and other fees |  | Corporate and other |  | 37 |  |  | 38 |  |  |  |  |
Total revenue from contracts with customers |  |  |  |  |  | 418 |  |  | 593 |  |  |  |  |
Other revenue: |  |  |  |  |  |  |  |  |  |  |  |
Loan subservicing revenue |  | Escrow, title-related and other fees |  | Title |  | 60 |  |  | 76 |  |  |  |  |
Other |  | Escrow, title-related and other fees |  | Corporate and other |  | 7 |  |  | (7) |  |  |  |  |
Interest and investment income |  | Interest and investment income |  | Various |  | 611 |  |  | 478 |  |  |  |  |
Recognized gains and losses, net |  | Recognized gains and losses, net |  | Various |  | 5 |  |  | (469) |  |  |  |  |
Total revenues |  | Total revenues |  |  |  | $ | 2,474 |  |  | $ | 3,167 |  |  |  |  |
Information about Trade Receivables and Deferred Revenue | The following table provides information about trade receivables and deferred revenue:
| March 31, 2023 |  | December 31, 2022
| (In millions)
Trade receivables | $ | 309 |  |  | $ | 349 |
Deferred revenue (contract liabilities) | 285 |  |  | 271 |

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 + Details
Name: | us-gaap_ContractWithCustomerAssetAndLiabilityTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

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 + Details
Name: | us-gaap_DisaggregationOfRevenueTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_RevenueFromContractWithCustomerAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration