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CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE EARNINGS - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Statement of Comprehensive Income [Abstract]    
Net earnings (loss) $ 269 $ (88)
Other comprehensive earnings (loss):    
Unrealized (loss) gain on investments and other financial instruments, net of adjustments to intangible assets and unearned revenue (excluding investments in unconsolidated affiliates) [1] (5) 349
Other comprehensive earnings — unrealized gain on investments in unconsolidated affiliates [2] 13 11
Unrealized loss on foreign currency translation [3] (6) 1
Reclassification adjustments for change in unrealized gains and losses included in net earnings [4] 13 35
Changes in current discount rate - future policy benefits [5] 91 (100)
Change in instrument-specific credit risk - market risk benefits [6] 1 7
Other comprehensive loss attributable to non-controlling interest [7] (17) (43)
Other comprehensive earnings 90 260
Comprehensive earnings 359 172
Less: Comprehensive earnings (loss) attributable to non-controlling interests 21 (29)
Comprehensive earnings attributable to Fidelity National Financial, Inc. common shareholders $ 338 $ 201
[1] Net of income tax expense of $88 million for the three months ended March 31, 2023.
[2] Net of income tax expense of $4 million and $3 million for the three months ended March 31, 2024 and 2023, respectively.
[3] Net of income tax (benefit) expense of $(1) million and less than $1 million for the three months ended March 31, 2024 and 2023, respectively.
[4] Net of income tax expense of $4 million and $9 million for the three months ended March 31, 2024 and 2023, respectively.
[5] Net of income tax expense (benefit) of $24 million and $(27) million for the three months ended March 31, 2024 and 2023, respectively.
[6] Net of income tax expense of less than $1 million and $2 million for the three months ended March 31, 2024 and 2023, respectively.
[7] Net of income tax benefit of $5 million and $11 million for the three months ended March 31, 2024 and 2023, respectively.