XML 193 R177.htm IDEA: XBRL DOCUMENT v3.24.0.1
Schedule II - Condensed Financial Information - Statement of Cash Flow (Parent Company) (Details) - USD ($)
$ in Millions
 12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Net Cash Provided by (Used in) Operating Activities [Abstract]      
Net earnings attributable to FNF common shareholders $ 517 $ 1,294 $ 2,797
Adjustments to reconcile net earnings to net cash provided by operating activities:      
Equity in earnings of unconsolidated affiliates (17) (15) (64)
Depreciation and amortization 593 491 432
Stock-based compensation cost 60 49 42
Net change in income taxes (50) 66 140
Net cash provided by (used in) operating activities 6,478 4,355 4,090
Cash Flows From Investing Activities:      
Purchases of investments available for sale (13,985) (13,148) (16,014)
Net purchases of short-term investment activities 340 (2,571) 266
Net cash used in investing activities (9,090) (10,524) (7,449)
Cash Flows From Financing Activities:      
Debt service payments 0 (400) 0
Dividends paid (500) (489) (446)
Purchases of treasury stock (6) (553) (463)
Exercise of stock options 15 39 48
Payment for shares withheld for taxes and in treasury (17) (15) (17)
Net cash provided by financing activities 3,093 4,095 5,000
Net change in cash and cash equivalents 481 (2,074) 1,641
Cash and cash equivalents at beginning of period 2,286 4,360 2,719
Cash and cash equivalents at end of period 2,767 2,286 4,360
Parent Company      
Net Cash Provided by (Used in) Operating Activities [Abstract]      
Net earnings attributable to FNF common shareholders 517 1,294 2,797
Adjustments to reconcile net earnings to net cash provided by operating activities:      
Equity in earnings of unconsolidated affiliates 0 0 (6)
Equity in earnings of subsidiaries (606) (1,393) (2,875)
Depreciation and amortization 1 1 1
Stock-based compensation cost 57 48 43
Net change in income taxes (262) 748 65
Net (increase) decrease in prepaid expenses and other assets (72) 41 (14)
Net increase in accounts payable and other accrued liabilities 70 (51) 36
Net cash provided by (used in) operating activities (295) 688 47
Cash Flows From Investing Activities:      
Purchases of investments available for sale 0 0 (52)
Net purchases of short-term investment activities 82 (509) (6)
Additions to notes receivable (12) (87) (400)
Collections of notes receivable 47 79 120
Net cash used in investing activities 117 (517) (338)
Cash Flows From Financing Activities:      
Borrowings 0 0 449
Debt service payments 0 (400) 0
Debt issuance costs 0 0 (6)
Dividends paid (500) (489) (446)
Purchases of treasury stock (6) (553) (463)
Exercise of stock options 15 39 48
Payment for shares withheld for taxes and in treasury (17) (15) (17)
Additional investments in non-controlling interests (12) (2) 0
Net dividends from subsidiaries 689 140 1,266
Net cash provided by financing activities 169 (1,280) 831
Net change in cash and cash equivalents (9) (1,109) 540
Cash and cash equivalents at beginning of period 406 1,515 975
Cash and cash equivalents at end of period $ 397 $ 406 $ 1,515