XML 89 R50.htm IDEA: XBRL DOCUMENT v3.25.0.1

Derivative Financial Instruments (Tables)

12 Months Ended

Dec. 31, 2024

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Schedule of Derivative Instruments in Statement of Financial Position, Fair Value

The notional and carrying amounts of derivative instruments, including derivative instruments embedded in indexed annuities and IUL contracts, and reinsurance is as follows:

			December 31, 2024												December 31, 2023
			Notional Amount						Carrying Amount						Notional Amount						Carrying Amount
Assets:			(In millions)
Derivative investments:
Equity options			$	29,594					$	773					$	27,263					$	739
Interest rate swaps			2,445						19						2,705						57
Other derivative investments			157						3						137						1
Other long-term investments:
Other embedded derivatives									32												28
Prepaid expenses and other assets:
Reinsurance related embedded derivatives									109												152
Total									$	936											$	977

Liabilities:
Contractholder funds:
Indexed annuities/IUL embedded derivatives									$	5,220											$	4,258
Accounts payable and accrued liabilities:
Equity Options			—						1						—						1
Interest rate swaps			$	2,700					10												—
Total									$	5,231											$	4,259

Derivative Instruments, Gain (Loss)

The change in fair value of derivative instruments included within Recognized gains and losses, net, in the accompanying Consolidated Statements of Earnings is as follows:

			Year ended December 31,
			2024						2023						2022
Net investment gains (losses):			(In millions)
Equity options			$	153					$	98					$	(862)
Interest rate swaps			(103)						48						—
Futures contracts			18						9						(7)
Other derivative investments			10						(2)						12
Other embedded derivatives			4						5						(10)
Reinsurance related embedded derivatives			(32)						(128)						352
Total net investment gains (losses)			$	50					$	30					$	(515)
Benefits and other changes in policy reserves:
Indexed annuities/IUL embedded derivatives increase (decrease)			$	962					$	1,143					$	(768)

Information Regarding Exposure to Credit Loss on Call Options Held

Information regarding our exposure to credit loss on the derivative instruments we hold, excluding futures contracts, is presented below:

									Fair Value						Collateral						Net Credit Risk
						(In millions)
December 31, 2024									$	782					$	771					$	34
December 31, 2023									796						775						39

X

- Definition

Schedule of exposure to credit loss on derivative instrument.

+ References

No definition available.

+ Details

Name:	fnf_ScheduleOfExposureToCreditLossOnDerivativeInstrumentTableTableTextBlock
Namespace Prefix:	fnf_
Data Type:	dtr-types1:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- References

No definition available.

+ Details

Name:	us-gaap_DerivativeInstrumentsAndHedgingActivitiesDisclosureAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of the location and amount of derivative instruments and nonderivative instruments designated as hedging instruments reported before netting adjustments, and the amount of gain (loss) on derivative instruments and nonderivative instruments designated and qualified as hedging instruments.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Topic 815
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 4E
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480434/815-10-50-4E

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 815
-SubTopic 10
-Section 50
-Paragraph 4C
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480434/815-10-50-4C

Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 815
-SubTopic 10
-Section 50
-Paragraph 4A
-Subparagraph (b)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480434/815-10-50-4A

+ Details

Name:	us-gaap_ScheduleOfDerivativeInstrumentsGainLossInStatementOfFinancialPerformanceTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of the location and fair value amounts of derivative instruments (and nonderivative instruments that are designated and qualify as hedging instruments) reported in the statement of financial position.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 815
-SubTopic 10
-Section 50
-Paragraph 4B
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480434/815-10-50-4B

+ Details

Name:	us-gaap_ScheduleOfDerivativeInstrumentsInStatementOfFinancialPositionFairValueTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration