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Segment Information (Tables)

9 Months Ended

Sep. 30, 2024

Segment Reporting [Abstract]

Schedule of Segment Reporting 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:

			Title						F&G						Corporate and Other						Elimination						Total
			(In millions)
Title premiums			$	1,360					$	—					$	—					$	—					$	1,360
Other revenues			581						526						52						—						1,159
Revenues from external customers			1,941						526						52						—						2,519
Interest and investment income, including recognized gains and losses, net			155						918						37						(26)						1,084
Total revenues			2,096						1,444						89						(26)						3,603
Depreciation and amortization			35						147						7						—						189
Interest expense			—						36						20						—						56
Earnings (loss) before income taxes and equity in earnings of unconsolidated affiliates			372						(30)						(3)						(26)						313
Income tax expense (benefit)			73						(25)						(4)						—						44
Earnings (loss) before equity in earnings of unconsolidated affiliates			299						(5)						1						(26)						269
Equity in earnings of unconsolidated affiliates			2						—						—						—						2
Net earnings (loss) from continuing operations			$	301					$	(5)					$	1					$	(26)					$	271
Assets			$	8,046					$	84,110					$	2,516					$	—					$	94,672
Goodwill			2,800						2,179						293						—						5,272

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

			Title						F&G						Corporate and Other						Elimination						Total
			(In millions)
Title premiums			$	1,252					$	—					$	—					$	—					$	1,252
Other revenues			577						582						37						—						1,196
Revenues from external customers			1,829						582						37						—						2,448
Interest and investment income, including recognized gains and losses, net			46						269						37						(22)						330
Total revenues			1,875						851						74						(22)						2,778
Depreciation and amortization			39						108						6						—						153
Interest expense			—						24						20						—						44
Earnings (loss) before income taxes and equity in earnings of unconsolidated affiliates			248						380						(3)						(22)						603
Income tax expense (benefit)			73						74						(6)						—						141
Earnings (loss) before equity in earnings of unconsolidated affiliates			175						306						3						(22)						462
Equity in earnings of unconsolidated affiliates			15						—						—						—						15
Net earnings (loss) from continuing operations			$	190					$	306					$	3					$	(22)					$	477
Assets			$	8,136					$	63,596					$	2,270					$	—					$	74,002
Goodwill			2,789						1,749						292						—						4,830

As of and for the nine months ended September 30, 2024:

			Title						F&G						Corporate and Other						Elimination						Total
			(In millions)
Title premiums			$	3,741					$	—					$	—					$	—					$	3,741
Other revenues			1,636						1,772						147						—						3,555
Revenues from external customers			5,377						1,772						147						—						7,296
Interest and investment income, including recognized gains and losses, net			313						2,413						118						(80)						2,764
Total revenues			5,690						4,185						265						(80)						10,060
Depreciation and amortization			106						417						22						—						545
Interest expense			—						94						58						—						152
Earnings (loss) from continuing operations before income taxes and equity in earnings of unconsolidated affiliates			825						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 affiliates			635						315						9						(80)						879
Equity in earnings of unconsolidated affiliates			4						—						—						—						4
Net earnings (loss) from continuing operations			$	639					$	315					$	9					$	(80)					$	883
Assets			$	8,046					$	84,110					$	2,516					$	—					$	94,672
Goodwill			2,800						2,179						293						—						5,272

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

			Title						F&G						Corporate and Other						Elimination						Total
			(In millions)
Title premiums			$	3,484					$	—					$	—					$	—					$	3,484
Other revenues			1,629						1,523						136						—						3,288
Revenues from external customers			5,113						1,523						136						—						6,772
Interest and investment income, including recognized gains and losses, net			178						1,365						48						(43)						1,548
Total revenues			5,291						2,888						184						(43)						8,320
Depreciation and amortization			115						302						21						—						438
Interest expense			—						71						58						—						129
Earnings (loss) from continuing operations before income taxes and equity in earnings of unconsolidated affiliates			638						340						(74)						(43)						861
Income tax expense (benefit)			165						99						(19)						—						245
Earnings (loss) from continuing operations before equity in earnings of unconsolidated affiliates			473						241						(55)						(43)						616
Equity in earnings of unconsolidated affiliates			16						—						—						—						16
Net earnings (loss) from continuing operations			$	489					$	241					$	(55)					$	(43)					$	632
Assets			$	8,136					$	63,596					$	2,270					$	—					$	74,002
Goodwill			2,789						1,749						292						—						4,830

X

- Definition

Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 25
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-25

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 22
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-22

Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 30
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-30

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- References

No definition available.

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