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CONDENSED CONSOLIDATED STATEMENTS OF EARNINGS - USD ($)
shares in Millions, $ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Sep. 30, 2024
Sep. 30, 2023
Revenues:        
Direct title insurance premiums $ 571 $ 524 $ 1,575 $ 1,493
Agency title insurance premiums 789 728 2,166 1,991
Escrow, title-related and other fees 1,159 1,196 3,555 3,288
Interest and investment income 815 686 2,308 1,915
Recognized gains and losses, net 269 (356) 456 (367)
Total revenues 3,603 2,778 10,060 8,320
Expenses:        
Personnel costs 810 734 2,316 2,166
Agent commissions 612 564 1,681 1,534
Other operating expenses 396 380 1,152 1,134
Benefits and other changes in policy reserves 1,095 292 2,864 1,921
Market risk benefit losses (gains) 71 (49) 80 (20)
Depreciation and amortization 189 153 545 438
Provision for title claim losses 61 57 168 157
Interest expense 56 44 152 129
Total expenses 3,290 2,175 8,958 7,459
Earnings before income taxes and equity in earnings of unconsolidated affiliates 313 603 1,102 861
Income tax expense 44 141 223 245
Earnings before equity in earnings of unconsolidated affiliates 269 462 879 616
Equity in earnings of unconsolidated affiliates 2 15 4 16
Net earnings 271 477 883 632
Less: Net earnings attributable to non-controlling interests 5 51 63 46
Net earnings attributable to Fidelity National Financial, Inc. common shareholders $ 266 $ 426 $ 820 $ 586
Earnings per share        
Net earnings per share attributable to common shareholders, basic (in usd per share) $ 0.98 $ 1.58 $ 3.03 $ 2.17
Net earnings per share attributable to common shareholders, diluted (in usd per share) $ 0.97 $ 1.57 $ 3.00 $ 2.16
Weighted average common shares outstanding - basic (in shares) 272 270 271 270
Weighted average common shares outstanding - diluted (in shares) 273 271 273 271