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CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE EARNINGS (LOSS) - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2023
Mar. 31, 2022
Statement of Comprehensive Income [Abstract]    
Net (loss) earnings $ (88) $ 402
Other comprehensive earnings (loss):    
Unrealized (loss) gain on investments and other financial instruments, net of adjustments to intangible assets and unearned revenue (excluding investments in unconsolidated affiliates) [1] 349 (1,904)
Unrealized gain on investments in unconsolidated affiliates [2] 11 7
Unrealized (loss) gain on foreign currency translation [3] 1 (2)
Reclassification adjustments for change in unrealized gains and losses included in net earnings [4] 35 25
Changes in current discount rate - future policy benefits (100) 292
Change in instrument-specific credit risk - market risk benefits 7 33
Other comprehensive earnings attributable to non-controlling interest (43) 0
Other comprehensive earnings (loss) 260 (1,549)
Comprehensive earnings (loss) 172 (1,147)
Less: Comprehensive (loss) earnings attributable to non-controlling interests (29) 2
Comprehensive earnings (loss) attributable to Fidelity National Financial, Inc. common shareholders $ 201 $ (1,149)
[1] Net of income tax expense (benefit) of $88 million and $(387) million for the three months ended March 31, 2023 and 2022, respectively.
[2] Net of income tax expense of $3 million and $2 million for the three months ended March 31, 2023 and 2022, respectively.
[3] Net of income tax expense of less than $1 million for the three months ended March 31, 2023 and 2022.
[4] Net of income tax expense of $9 million and $7 million for the three months ended March 31, 2023 and 2022, respectively.
(5)Net of income tax (benefit) expense of $(27) million and $78 million for the three months ended March 31, 2023 and 2022, respectively.
(6)Net of income tax expense of $2 million and $9 million for the three months ended March 31, 2023 and 2022, respectively.
(7)Net of income tax benefit of $11 million for the three months ended March 31, 2023.