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Revenue Recognition (Tables) - USD ($) $ in Millions | 12 Months Ended
--- | ---
Dec. 31, 2023 | Dec. 31, 2022 | Dec. 31, 2021
Revenue from Contract with Customer [Abstract] |  |  |
Disaggregation of Revenue | Our revenue consists of:
|  |  |  |  |  |  |  | Year Ended December 31, |  |
|  |  |  |  |  |  |  |  |  | 2023 |  | 2022 |  | 2021 |  |
Revenue Stream |  | Income Statement Classification |  | Segment |  |  |  |  |  | Total Revenue |  |
Revenue from insurance contracts: |  |  |  |  |  |  |  |  |  | (In millions) |  |
Direct title insurance premiums |  | Direct title insurance premiums |  | Title |  |  |  |  |  | $ | 1,982 |  |  | $ | 2,858 |  |  | $ | 3,571 |  |  |
Agency title insurance premiums |  | Agency title insurance premiums |  | Title |  |  |  |  |  | 2,610 |  |  | 3,976 |  |  | 4,982 |  |  |
Life insurance premiums, insurance and investment product fees, and other (1) |  | Escrow, title-related and other fees |  | F&G |  |  |  |  |  | 2,413 |  |  | 1,704 |  |  | 1,407 |  |  |
Home warranty |  | Escrow, title-related and other fees |  | Title |  |  |  |  |  | 143 |  |  | 165 |  |  | 185 |  |  |
Total revenue from insurance contracts |  |  |  |  |  |  |  |  |  | 7,148 |  |  | 8,703 |  |  | 10,145 |  |  |
Revenue from contracts with customers: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Escrow fees |  | Escrow, title-related and other fees |  | Title |  |  |  |  |  | 766 |  |  | 980 |  |  | 1,395 |  |  |
Other title-related fees and income |  | Escrow, title-related and other fees |  | Title |  |  |  |  |  | 633 |  |  | 752 |  |  | 888 |  |  |
ServiceLink, excluding title premiums, escrow fees, and subservicing fees |  | Escrow, title-related and other fees |  | Title |  |  |  |  |  | 313 |  |  | 342 |  |  | 396 |  |  |
Real estate technology |  | Escrow, title-related and other fees |  | Corporate and other |  |  |  |  |  | 151 |  |  | 158 |  |  | 142 |  |  |
Total revenue from contracts with customers |  |  |  |  |  |  |  |  |  | 1,863 |  |  | 2,232 |  |  | 2,821 |  |  |
Other revenue: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Loan subservicing revenue |  | Escrow, title-related and other fees |  | Title |  |  |  |  |  | 262 |  |  | 263 |  |  | 364 |  |  |
Other |  | Escrow, title-related and other fees |  | Corporate and other |  |  |  |  |  | 36 |  |  | (31) |  |  | 30 |  |  |
Interest and investment income |  | Interest and investment income |  | Various |  |  |  |  |  | 2,607 |  |  | 1,891 |  |  | 1,961 |  |  |
Recognized gains and losses, net |  | Recognized gains and losses, net |  | Various |  |  |  |  |  | (164) |  |  | (1,493) |  |  | 334 |  |  |
Total revenues |  | Total revenues |  |  |  |  |  |  |  | $ | 11,752 |  |  | $ | 11,565 |  |  | $ | 15,655 |  |  |
(1) Includes $1,964, $1,362 and 1,146 of life-contingent pension risk transfer premiums in 2023, 2022 and 2021, respectively. |  |
Information about Trade Receivables and Deferred Revenue | The following table provides information about trade receivables and deferred revenue:
| December 31, 2023 |  | December 31, 2022
| (In millions)
Trade receivables | $ | 317 |  |  | $ | 349 |
Deferred revenue (contract liabilities) | 91 |  |  | 93 |
Premium, Annuity Deposits and Funding Agreements (Net of Reinsurance) By Type | Premiums, annuity deposits (net of reinsurance and reinsurance recoverable) and funding agreements, which are not included as revenues in the accompanying Consolidated Statements of Earnings, collected by product type were as follows:
| Year ended
| December 31, 2023 |  | December 31, 2022 |  | December 31, 2021
Product Type | (In millions)
Fixed indexed annuities | $ | 4,738 |  |  | $ | 4,483 |  |  | $ | 4,420 |
Fixed rate annuities | 1,147 |  |  | 1,522 |  |  | 878 |
Funding agreements (FABN/FHLB) | 1,256 |  |  | 1,891 |  |  | 2,658 |
Life insurance and other (a) | 646 |  |  | 446 |  |  | 329 |
Total | $ | 7,787 |  |  | $ | 8,342 |  |  | $ | 8,285 |
(a) Life insurance and other primarily includes indexed universal life insurance. |  |
Revenue from contract with customer | $ 1,863 | $ 2,232 | $ 2,821

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