XML 47 R35.htm IDEA: XBRL DOCUMENT
v3.24.1.1.u2

Segment Information (Tables) | 3 Months Ended
--- | ---
Mar. 31, 2024
Segment Reporting [Abstract] |
Schedule of Segment Information | Summarized financial information concerning our reportable segments is shown in the following tables. As of and for the three months ended March 31, 2024:
| Title |  | F&G |  | Corporate and Other |  | Elimination |  | Total
| (In millions)
Title premiums | $ | 1,033 |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | 1,033 |
Other revenues | 484 |  |  | 741 |  |  | 56 |  |  | — |  |  | 1,281 |
Revenues from external customers | 1,517 |  |  | 741 |  |  | 56 |  |  | — |  |  | 2,314 |
Interest and investment income, including recognized gains and losses, net | 146 |  |  | 828 |  |  | 38 |  |  | (27) |  |  | 985 |
Total revenues | 1,663 |  |  | 1,569 |  |  | 94 |  |  | (27) |  |  | 3,299 |
Depreciation and amortization | 36 |  |  | 123 |  |  | 8 |  |  | — |  |  | 167 |
Interest expense | — |  |  | 30 |  |  | 19 |  |  | — |  |  | 49 |
Earnings (loss) from continuing operations before income taxes and equity in earnings of unconsolidated affiliates | 218 |  |  | 142 |  |  | (2) |  |  | (27) |  |  | 331 |
Income tax expense (benefit) | 45 |  |  | 26 |  |  | (8) |  |  | — |  |  | 63 |
Earnings (loss) from continuing operations before equity in earnings of unconsolidated affiliates | 173 |  |  | 116 |  |  | 6 |  |  | (27) |  |  | 268 |
Equity in earnings of unconsolidated affiliates | 1 |  |  | — |  |  | — |  |  | — |  |  | 1 |
Net earnings (loss) from continuing operations | $ | 174 |  |  | $ | 116 |  |  | $ | 6 |  |  | $ | (27) |  |  | $ | 269 |
Assets | $ | 7,905 |  |  | $ | 74,417 |  |  | $ | 2,174 |  |  | $ | — |  |  | $ | 84,496 |
Goodwill | 2,797 |  |  | 2,017 |  |  | 293 |  |  | — |  |  | 5,107 |
As of and for the three months ended March 31, 2023:
| Title |  | F&G |  | Corporate and Other |  |  |  | Total
| (In millions)
Title premiums | $ | 978 |  |  | $ | — |  |  | $ | — |  |  |  |  | $ | 978 |
Other revenues | 471 |  |  | 365 |  |  | 44 |  |  |  |  | 880 |
Revenues from external customers | 1,449 |  |  | 365 |  |  | 44 |  |  |  |  | 1,858 |
Interest and investment income, including recognized gains and losses, net | 103 |  |  | 504 |  |  | 9 |  |  |  |  | 616 |
Total revenues | 1,552 |  |  | 869 |  |  | 53 |  |  |  |  | 2,474 |
Depreciation and amortization | 37 |  |  | 90 |  |  | 7 |  |  |  |  | 134 |
Interest expense | — |  |  | 22 |  |  | 20 |  |  |  |  | 42 |
Earnings (loss) from continuing operations before income taxes and equity in earnings of unconsolidated affiliates | 157 |  |  | (203) |  |  | (28) |  |  |  |  | (74) |
Income tax expense (benefit) | 27 |  |  | (8) |  |  | (5) |  |  |  |  | 14 |
Earnings (loss) from continuing operations before equity in earnings of unconsolidated affiliates | 130 |  |  | (195) |  |  | (23) |  |  |  |  | (88) |
Net earnings (loss) from continuing operations | $ | 130 |  |  | $ | (195) |  |  | $ | (23) |  |  |  |  | $ | (88) |
Assets | $ | 8,017 |  |  | $ | 59,395 |  |  | $ | 2,242 |  |  |  |  | $ | 69,654 |
Goodwill | 2,766 |  |  | 1,749 |  |  | 276 |  |  |  |  | 4,791 |

X
- Definition Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 1 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482573/350-20-50-1 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 25 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-25 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-22 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-30 + Details
Name: | us-gaap_ScheduleOfSegmentReportingInformationBySegmentTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_SegmentReportingAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration