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Revenue Recognition (Tables)

6 Months Ended

Jun. 30, 2024

Revenue from Contract with Customer [Abstract]

Disaggregation of Revenue

Our revenue consists of:

																		Three months ended June 30,												Six months ended June 30,
																		2024						2023						2024						2023
Revenue Stream						Income Statement Classification						Segment						Total Revenue
Revenue from insurance contracts:																		(In millions)
Direct title insurance premiums						Direct title insurance premiums						Title						$	564					$	541					$	1,004					$	969
Agency title insurance premiums						Agency title insurance premiums						Title						784						713						1,377						1,263
Life insurance premiums, insurance and investment product fees, and other						Escrow, title-related and other fees						F&G						505						576						1,246						941
Home warranty						Escrow, title-related and other fees						Title						40						37						72						67
Total revenue from insurance contracts																		1,893						1,867						3,699						3,240
Revenue from contracts with customers:
Escrow fees						Escrow, title-related and other fees						Title						223						219						390						379
Other title-related fees and income						Escrow, title-related and other fees						Title						165						169						310						315
ServiceLink, excluding title premiums, escrow fees, and subservicing fees						Escrow, title-related and other fees						Title						80						87						154						162
Real estate technology						Escrow, title-related and other fees						Corporate and other						36						39						71						76
Total revenue from contracts with customers																		504						514						925						932
Other revenue:
Loan subservicing revenue						Escrow, title-related and other fees						Title						63						69						129						129
Other						Escrow, title-related and other fees						Corporate and other						3						16						24						23
Interest and investment income						Interest and investment income						Various						783						618						1,493						1,229
Recognized gains and losses, net						Recognized gains and losses, net						Various						(88)						(16)						187						(11)
Total revenues						Total revenues												$	3,158					$	3,068					$	6,457					$	5,542

Information about Trade Receivables and Deferred Revenue

The following table provides information about trade receivables and deferred revenue:

			June 30, 2024						December 31, 2023
			(In millions)
Trade receivables			$	333					$	317
Deferred revenue (contract liabilities)			95						91

X

- Definition

Tabular disclosure of receivable, contract asset, and contract liability from contract with customer. Includes, but is not limited to, change in contract asset and contract liability.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 606
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 10
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147479806/606-10-50-10

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X

- Definition

Tabular disclosure of disaggregation of revenue into categories depicting how nature, amount, timing, and uncertainty of revenue and cash flows are affected by economic factor.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 606
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 5
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147479806/606-10-50-5

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- References

No definition available.

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