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Revenue Recognition (Tables) - USD ($)
$ in Millions

3 Months Ended

9 Months Ended

Sep. 30, 2023

Sep. 30, 2022

Sep. 30, 2023

Sep. 30, 2022

Revenue from Contract with Customer [Abstract]

Disaggregation of Revenue

Our revenue consists of:

																		Three months ended September 30,												Nine months ended September 30,
																		2023						2022						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						$	524					$	688					$	1,493					$	2,314
Agency title insurance premiums						Agency title insurance premiums						Title						728						966						1,991						3,268
Life insurance premiums, insurance and investment product fees, and other						Escrow, title-related and other fees						F&G						582						702						1,523						1,369
Home warranty						Escrow, title-related and other fees						Title						43						52						110						129
Total revenue from insurance contracts																		1,877						2,408						5,117						7,080
Revenue from contracts with customers:
Escrow fees						Escrow, title-related and other fees						Title						211						239						590						798
Other title-related fees and income						Escrow, title-related and other fees						Title						167						187						482						593
ServiceLink, excluding title premiums, escrow fees, and subservicing fees						Escrow, title-related and other fees						Title						85						84						247						270
Real estate technology						Escrow, title-related and other fees						Corporate and other						38						41						114						120
Total revenue from contracts with customers																		501						551						1,433						1,781
Other revenue:
Loan subservicing revenue						Escrow, title-related and other fees						Title						71						61						200						204
Other						Escrow, title-related and other fees						Corporate and other						(1)						5						22						(34)
Interest and investment income						Interest and investment income						Various						686						411						1,915						1,352
Recognized gains and losses, net						Recognized gains and losses, net						Various						(356)						(230)						(367)						(1,375)
Total revenues						Total revenues												$	2,778					$	3,206					$	8,320					$	9,008

Information about Trade Receivables and Deferred Revenue

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

			September 30, 2023						December 31, 2022
			(In millions)
Trade receivables			$	317					$	349
Deferred revenue (contract liabilities)			336						271

Revenue from contract with customer

$ 501

$ 551

$ 1,433

$ 1,781

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

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-Name Accounting Standards Codification
-Section 50
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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.

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Amount, excluding tax collected from customer, of revenue from satisfaction of performance obligation by transferring promised good or service to customer. Tax collected from customer is tax assessed by governmental authority that is both imposed on and concurrent with specific revenue-producing transaction, including, but not limited to, sales, use, value added and excise.

+ References

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