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Segment Information
3 Months Ended
Mar. 31, 2023
Segment Reporting [Abstract]  
Segment Information Segment Information
Summarized financial information concerning our reportable segments is shown in the following tables.
As of and for the three months ended March 31, 2023:
 TitleF&GCorporate and OtherTotal
 (In millions)
Title premiums$978 $— $— $978 
Other revenues471 365 44 880 
Revenues from external customers1,449 365 44 1,858 
Interest and investment income, including recognized gains and losses, net103 504 616 
Total revenues1,552 869 53 2,474 
Depreciation and amortization37 90 134 
Interest expense— 22 20 42 
Earnings (loss) from continuing operations before income taxes and equity in earnings (loss) of unconsolidated affiliates157 (203)(28)(74)
Income tax expense (benefit)27 (8)(5)14 
Earnings (loss) from continuing operations before equity in earnings (loss) of unconsolidated affiliates130 (195)(23)(88)
Equity in loss of unconsolidated affiliates— — —  
Net earnings (loss) from continuing operations$130 $(195)$(23)$(88)
Assets$8,017 $59,395 $2,242 $69,654 
Goodwill2,766 1,749 276 4,791 
As of and for the three months ended March 31, 2022:
 TitleF&GCorporate and OtherTotal
 (In millions)
Title premiums$1,866 $— $— $1,866 
Other revenues665 596 31 1,292 
Revenues from external customers2,531 596 31 3,158 
Interest and investment income, including recognized gains and losses, net(148)154 9 
Total revenues2,383 750 34 3,167 
Depreciation and amortization33 76 115 
Interest expense— 22 30 
Earnings (loss) from continuing operations before income taxes and equity in earnings of unconsolidated affiliates249 345 (38)556 
Income tax expense (benefit)57 106 (7)156 
Earnings (loss) from continuing operations before equity in earnings (loss) of unconsolidated affiliates192 239 (31)400 
Equity in earnings of unconsolidated affiliates— — 2 
Net earnings (loss) from continuing operations$194 $239 $(31)$402 
Assets$9,478 $49,277 $2,271 $61,026 
Goodwill2,517 1,749 266 4,532 
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 loan sub-servicing, valuations, default services, and home warranty products.
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 (FIA and fixed rate annuities), immediate annuities and IUL. This segment also provides funding agreements and PRT 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.