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CONSOLIDATED STATEMENTS OF COMPREHENSIVE EARNINGS - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Statement of Comprehensive Income [Abstract]      
Net earnings $ 518 $ 1,306 $ 2,817
Other comprehensive earnings:      
Unrealized gain (loss) on investments and other financial instruments, net of adjustments to intangible assets and unearned revenue (excluding investments in unconsolidated affiliates) [1] 961 (4,783) (499)
Unrealized gain on investments in unconsolidated affiliates [2] 12 9 23
Unrealized gain (loss) on foreign currency translation [3] 6 (18) (6)
Reclassification adjustments for change in unrealized gains and losses included in net earnings [4] 126 173 (101)
Changes in current discount rate - future policy benefit [5] (189) 764 124
Changes in instrument-specific credit risk - market risk benefits [6] (34) 67 10
Change in reinsurance liabilities held at fair value resulting from a change in the instrument-specific credit risk 0 0 3
Other comprehensive (loss) earnings attributable to non-controlling interest [7] (134) 35 0
Minimum pension liability adjustment [8] 3 5 (7)
Other comprehensive earnings (loss) 751 (3,748) (453)
Comprehensive earnings (loss) 1,269 (2,442) 2,364
Less: Comprehensive earnings attributable to non-controlling interests 1 12 20
Comprehensive earnings (loss) attributable to Fidelity National Financial, Inc. common shareholders $ 1,268 $ (2,454) $ 2,344
[1] Net of income tax expense (benefit) of $238 million, $(1,246) million, and $(140) million for the years ended December 31, 2023, 2022, and 2021, respectively.
[2] Net of income tax expense of $3 million, $3 million, and $7 million for the years ended December 31, 2023, 2022, and 2021, respectively.
[3] Net of income tax expense (benefit) of $2 million and $(4) million, for the years ended December 31, 2023 and 2022, respectively.
[4] Net of income tax expense (benefit) of $34 million, $45 million and $(26) million for the years ended December 31, 2023, 2021 and 2021, respectively.
[5] Net of income tax (benefit) expense of $(50) million, $203 million and $33 million for the years ended December 31, 2023, 2021 and 2021, respectively
[6] Net of income tax (benefit) expense of $(9) million, $18 million and $3 million for the years ended December 31, 2023, 2021 and 2021, respectively.
[7] Net of income tax (benefit) expense of $(35) million and $9 million for the years ended December 31, 2023, and 2022, respectively.
[8] Net of income tax expense (benefit) of $2 million and $(2) million for the years ended December 31, 2022, and 2021, respectively.