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Segment Information
9 Months Ended
Sep. 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 September 30, 2024:
 TitleF&GCorporate and OtherEliminationTotal
 (In millions)
Title premiums$1,360 $— $— $— $1,360 
Other revenues581 526 52 — 1,159 
Revenues from external customers1,941 526 52 — 2,519 
Interest and investment income, including recognized gains and losses, net155 918 37 (26)1,084 
Total revenues2,096 1,444 89 (26)3,603 
Depreciation and amortization35 147 — 189 
Interest expense— 36 20 — 56 
Earnings (loss) before income taxes and equity in earnings of unconsolidated affiliates372 (30)(3)(26)313 
Income tax expense (benefit)73 (25)(4)— 44 
Earnings (loss) before equity in earnings of unconsolidated affiliates299 (5)(26)269 
Equity in earnings of unconsolidated affiliates— — — 2 
Net earnings (loss) from continuing operations$301 $(5)$$(26)$271 
Assets$8,046 $84,110 $2,516 $— $94,672 
Goodwill2,800 2,179 293 — 5,272 

As of and for the three months ended September 30, 2023:
TitleF&GCorporate and OtherEliminationTotal
 (In millions)
Title premiums$1,252 $— $— $ $1,252 
Other revenues577 582 37  1,196 
Revenues from external customers1,829 582 37 — 2,448 
Interest and investment income, including recognized gains and losses, net46 269 37 (22)330 
Total revenues1,875 851 74 (22)2,778 
Depreciation and amortization39 108  153 
Interest expense— 24 20  44 
Earnings (loss) before income taxes and equity in earnings of unconsolidated affiliates248 380 (3)(22)603 
Income tax expense (benefit)73 74 (6) 141 
Earnings (loss) before equity in earnings of unconsolidated affiliates175 306 (22)462 
Equity in earnings of unconsolidated affiliates15 — —  15 
Net earnings (loss) from continuing operations$190 $306 $$(22)$477 
Assets$8,136 $63,596 $2,270 $ $74,002 
Goodwill2,789 1,749 292  4,830 

As of and for the nine months ended September 30, 2024:
 TitleF&GCorporate and OtherEliminationTotal
 (In millions)
Title premiums$3,741 $— $— $— $3,741 
Other revenues1,636 1,772 147 — 3,555 
Revenues from external customers5,377 1,772 147 — 7,296 
Interest and investment income, including recognized gains and losses, net313 2,413 118 (80)2,764 
Total revenues5,690 4,185 265 (80)10,060 
Depreciation and amortization106 417 22 — 545 
Interest expense— 94 58 — 152 
Earnings (loss) from continuing operations before income taxes and equity in earnings of unconsolidated affiliates825 366 (9)(80)1,102 
Income tax expense (benefit)190 51 (18)— 223 
Earnings (loss) from continuing operations before equity in earnings (loss) of unconsolidated affiliates635 315 (80)879 
Equity in earnings of unconsolidated affiliates— — — 4 
Net earnings (loss) from continuing operations$639 $315 $$(80)$883 
Assets$8,046 $84,110 $2,516 $— $94,672 
Goodwill2,800 2,179 293 — 5,272 

As of and for the nine months ended September 30, 2023:

 TitleF&GCorporate and OtherEliminationTotal
 (In millions)
Title premiums$3,484 $— $— $— $3,484 
Other revenues1,629 1,523 136 — 3,288 
Revenues from external customers5,113 1,523 136 — 6,772 
Interest and investment income, including recognized gains and losses, net178 1,365 48 (43)1,548 
Total revenues5,291 2,888 184 (43)8,320 
Depreciation and amortization115 302 21 — 438 
Interest expense— 71 58 — 129 
Earnings (loss) from continuing operations before income taxes and equity in earnings of unconsolidated affiliates638 340 (74)(43)861 
Income tax expense (benefit)165 99 (19)— 245 
Earnings (loss) from continuing operations before equity in earnings of unconsolidated affiliates473 241 (55)(43)616 
Equity in earnings of unconsolidated affiliates16 — — — 16 
Net earnings (loss) from continuing operations$489 $241 $(55)$(43)$632 
Assets$8,136 $63,596 $2,270 $— $74,002 
Goodwill2,789 1,749 292 — 4,830 

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.