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