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Segment Information
6 Months Ended
Jun. 30, 2024
Segment Reporting [Abstract]  
Segment Information Segment Information
Summarized financial information concerning our reportable segments is shown in the following tables.
As of and for the three months ended June 30, 2024:
 TitleF&GCorporate and OtherEliminationTotal
 (In millions)
Title premiums$1,348 $— $— $— $1,348 
Other revenues571 505 39 — 1,115 
Revenues from external customers1,919 505 39 — 2,463 
Interest and investment income, including recognized gains and losses, net12 667 43 (27)695 
Total revenues1,931 1,172 82 (27)3,158 
Depreciation and amortization35 147 — 189 
Interest expense— 28 19 — 47 
Earnings (loss) before income taxes and equity in earnings of unconsolidated affiliates235 254 (4)(27)458 
Income tax expense (benefit)72 50 (6)— 116 
Earnings (loss) before equity in earnings of unconsolidated affiliates163 204 (27)342 
Equity in earnings of unconsolidated affiliates— — — 1 
Net earnings (loss) from continuing operations$164 $204 $$(27)$343 
Assets$8,019 $78,493 $2,312 $— $88,824 
Goodwill2,797 2,017 293 — 5,107 

As of and for the three months ended June 30, 2023:
TitleF&GCorporate and OtherEliminationTotal
 (In millions)
Title premiums$1,254 $— $— $ $1,254 
Other revenues581 576 55  1,212 
Revenues from external customers1,835 576 55 — 2,466 
Interest and investment income, including recognized gains and losses, net29 592 (21)602 
Total revenues1,864 1,168 57 (21)3,068 
Depreciation and amortization39 104  151 
Interest expense— 25 18  43 
Earnings (loss) before income taxes and equity in earnings of unconsolidated affiliates233 163 (43)(21)332 
Income tax expense (benefit)65 33 (8) 90 
Earnings (loss) before equity in earnings of unconsolidated affiliates168 130 (35)(21)242 
Equity in earnings of unconsolidated affiliates— — 1 
Net earnings (loss) from continuing operations$169 $130 $(35)$(21)$243 
Assets$8,145 $62,564 $2,312 $ $73,021 
Goodwill2,770 1,749 292  4,811 

As of and for the six months ended June 30, 2024:
 TitleF&GCorporate and OtherEliminationTotal
 (In millions)
Title premiums$2,381 $— $— $— $2,381 
Other revenues1,055 1,246 95 — 2,396 
Revenues from external customers3,436 1,246 95 — 4,777 
Interest and investment income, including recognized gains and losses, net158 1,495 81 (54)1,680 
Total revenues3,594 2,741 176 (54)6,457 
Depreciation and amortization71 270 15 — 356 
Interest expense— 58 38 — 96 
Earnings (loss) from continuing operations before income taxes and equity in earnings of unconsolidated affiliates453 396 (6)(54)789 
Income tax expense (benefit)117 76 (14)— 179 
Earnings (loss) from continuing operations before equity in earnings (loss) of unconsolidated affiliates336 320 (54)610 
Equity in earnings of unconsolidated affiliates— — — 2 
Net earnings (loss) from continuing operations$338 $320 $$(54)$612 
Assets$8,019 $78,493 $2,312 $— $88,824 
Goodwill2,797 2,017 293 — 5,107 

As of and for the six months ended June 30, 2023:

 TitleF&GCorporate and OtherEliminationTotal
 (In millions)
Title premiums$2,232 $— $— $— $2,232 
Other revenues1,052 941 99 — 2,092 
Revenues from external customers3,284 941 99 — 4,324 
Interest and investment income, including recognized gains and losses, net132 1,096 11 (21)1,218 
Total revenues3,416 2,037 110 (21)5,542 
Depreciation and amortization76 194 15 — 285 
Interest expense— 47 38 — 85 
Earnings (loss) from continuing operations before income taxes and equity in earnings of unconsolidated affiliates390 (40)(71)(21)258 
Income tax expense (benefit)92 25 (13)— 104 
Earnings (loss) from continuing operations before equity in earnings of unconsolidated affiliates298 (65)(58)(21)154 
Equity in earnings of unconsolidated affiliates— — — 1 
Net earnings (loss) from continuing operations$299 $(65)$(58)$(21)$155 
Assets$8,145 $62,564 $2,312 $— $73,021 
Goodwill2,770 1,749 292 — 4,811 

The activities in our segments include the following:
Title. This segment consists of the operations of our title insurance underwriters and related businesses. This segment provides core title insurance and escrow and other title-related services including loan sub-servicing, valuations, default services, and home warranty.
F&G. This segment primarily consists of the operations of our annuities and life insurance related businesses. This segment issues a broad portfolio of annuity and life products, including deferred annuities (indexed annuities and fixed rate annuities), immediate annuities and IUL. This segment also provides funding agreements and PRT solutions.
Corporate and Other. This segment consists of the operations of the parent holding company, our real estate technology subsidiaries and our remaining real estate brokerage businesses. This segment also includes certain other unallocated corporate overhead expenses and eliminations of revenues and expenses between it and our Title segment.
Elimination. This segment consists of the elimination of dividends paid from F&G to FNF, which are included in the Corporate and Other segment.