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Summary Of Investments-Other Than Investments In Related Parties
12 Months Ended
Dec. 31, 2021
Summary Of Investments Other Than Investments In Related Parties [Abstract]  
Summary of Investments-Other Than Investments in Related Parties

FIRST AMERICAN FINANCIAL CORPORATION

AND SUBSIDIARY COMPANIES

SUMMARY OF INVESTMENTS—OTHER THAN INVESTMENTS IN RELATED PARTIES

(in millions)

December 31, 2021

 

Column A

 

Column B

 

Column C

 

Column D

 

Type of investment

 

Cost

 

Market value

 

Amount at which
shown in the
balance sheet

 

Deposits with banks:

 

 

 

 

 

 

 

 

 

 

Consolidated

 

$

58

 

$

58

 

$

58

 

Debt securities:

 

 

 

 

 

 

 

 

 

 

U.S. Treasury bonds

 

 

 

 

 

 

 

 

 

 

Consolidated

 

$

123

 

$

123

 

$

123

 

Municipal bonds

 

 

 

 

 

 

 

 

 

 

Consolidated

 

$

1,607

 

$

1,649

 

$

1,649

 

Foreign government bonds

 

 

 

 

 

 

 

 

 

 

Consolidated

 

$

228

 

$

227

 

$

227

 

Governmental agency bonds

 

 

 

 

 

 

 

 

 

 

Consolidated

 

$

175

 

$

177

 

$

177

 

Governmental agency mortgage-backed securities

 

 

 

 

 

 

 

 

 

 

Consolidated

 

$

5,620

 

$

5,607

 

$

5,607

 

U.S. corporate debt securities

 

 

 

 

 

 

 

 

 

 

Consolidated

 

$

1,071

 

$

1,081

 

$

1,081

 

Foreign corporate debt securities

 

 

 

 

 

 

 

 

 

 

Consolidated

 

$

493

 

$

498

 

$

498

 

Total debt securities:

 

 

 

 

 

 

 

 

 

 

Consolidated

 

$

9,317

 

$

9,362

 

$

9,362

 

Equity securities:

 

 

 

 

 

 

 

 

 

 

Consolidated

 

$

728

 

$

1,176

(1)

$

1,176

 

Notes receivable, net:

 

 

 

 

 

 

 

 

 

 

Consolidated

 

$

32

 

$

32

 

$

32

 

Total investments:

 

 

 

 

 

 

 

 

 

 

Consolidated

 

$

10,135

 

$

10,628

 

$

10,628

 

 

(1)

Included in equity securities are non-marketable equity securities and equity method investments.  Estimates of fair value for these investments could not be made without incurring excessive costs.