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,
20232022
Revenue StreamIncome Statement ClassificationSegmentTotal Revenue
Revenue from insurance contracts:(In millions)
Direct title insurance premiumsDirect title insurance premiumsTitle$428 $767 
Agency title insurance premiumsAgency title insurance premiumsTitle550 1,099 
Life insurance premiums, insurance and investment product fees, and otherEscrow, title-related and other feesF&G365 596 
Home warrantyEscrow, title-related and other feesTitle30 34 
Total revenue from insurance contracts1,373 2,496 
Revenue from contracts with customers:
Escrow feesEscrow, title-related and other feesTitle160 265 
Other title-related fees and incomeEscrow, title-related and other feesTitle146 196 
ServiceLink, excluding title premiums, escrow fees, and subservicing feesEscrow, title-related and other feesTitle75 94 
Real estate technologyEscrow, title-related and other feesCorporate and other37 38 
Total revenue from contracts with customers418 593 
Other revenue:
Loan subservicing revenueEscrow, title-related and other feesTitle60 76 
OtherEscrow, title-related and other feesCorporate and other(7)
Interest and investment incomeInterest and investment incomeVarious611 478 
Recognized gains and losses, netRecognized gains and losses, netVarious(469)
Total revenuesTotal 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, 2023December 31, 2022
 (In millions)
Trade receivables$309 $349 
Deferred revenue (contract liabilities)285 271