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Segment Information
12 Months Ended
Dec. 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 year ended December 31, 2023:
 TitleF&GCorporate and OtherTotal
 (In millions)
Title premiums$4,592 $— $— $4,592 
Other revenues2,117 2,413 187 4,717 
Revenues from external customers6,709 2,413 187 9,309 
Interest and investment income, including recognized gains and losses329 2,087 27 2,443 
Total revenues7,038 4,500 214 11,752 
Depreciation and amortization154 412 27 593 
Interest expense— 97 77 174 
Earnings (loss) from continuing operations before income taxes and equity in earnings of unconsolidated affiliates883 (35)(155)693 
Income tax expense (benefit)181 23 (12)192 
Earnings (loss) before equity in earnings (loss) of unconsolidated affiliates702 (58)(143)501 
Equity in earnings of unconsolidated affiliates17 — — 17 
Net earnings (loss) from continuing operations$719 $(58)$(143)$518 
Assets$7,949 $70,186 $2,479 $80,614 
Goodwill$2,789 $1,749 $292 $4,830 

As of and for the year ended December 31, 2022:
 TitleF&GCorporate and OtherTotal
 (In millions)
Title premiums$6,834 $— $— $6,834 
Other revenues2,502 1,704 127 4,333 
Revenues from external customers9,336 1,704 127 11,167 
Interest and investment income, including recognized gains and losses(230)645 (17)398 
Total revenues9,106 2,349 110 11,565 
Depreciation and amortization142 324 25 491 
Interest expense— 29 86 115 
Earnings (loss) before income taxes and equity in earnings of unconsolidated affiliates1,090 793 (153)1,730 
Income tax expense (benefit)298 158 (17)439 
Earnings (loss) before equity in earnings of unconsolidated affiliates792 635 (136)1,291 
Equity in earnings of unconsolidated affiliates15 — — 15 
Net earnings (loss)$807 $635 $(136)$1,306 
Assets$8,295 $54,637 $2,211 $65,143 
Goodwill$2,620 $1,749 $266 $4,635 
As of and for the year ended December 31, 2021:
 TitleF&GCorporate and OtherTotal
 (In millions)
Title premiums$8,553 $— $— $8,553 
Other revenues3,228 1,407 172 4,807 
Revenues from external customers11,781 1,407 172 13,360 
Interest and investment income, including recognized gains and losses(284)2,567 12 2,295 
Total revenues11,497 3,974 184 15,655 
Depreciation and amortization138 271 23 432 
Interest expense— 29 85 114 
Earnings (loss) before income taxes and equity in earnings of unconsolidated affiliates2,136 1,552 (130)3,558 
Income tax expense (benefit)511 320 (18)813 
Earnings (loss) before equity in earnings of unconsolidated affiliates1,625 1,232 (112)2,745 
Equity in earnings of unconsolidated affiliates58 — 64 
Net earnings (loss)$1,683 $1,232 $(106)$2,809 
Assets$9,663 $49,371 $2,296 $61,330 
Goodwill$2,517 $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 trust activities, trustee sales guarantees, and home warranty products. This segment also includes our transaction services business, which includes other title-related services used in the production and management of mortgage loans, including mortgage loans that experience default.
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 (fixed indexed and fixed rate annuities), immediate annuities and indexed universal life insurance. This segment also provides funding agreements and pension risk transfer 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.
Refer to Note L Revenue Recognition for a description of our accounting for our various revenue streams.