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Segment Financial Information (Tables)
12 Months Ended
Dec. 31, 2021
Segment Reporting [Abstract]  
Schedule of Selected Financial Information

Selected financial information about the Company’s operations, by segment, for the years ended December 31, 2021, 2020 and 2019, is as follows:

 

Revenues

 

 

Depreciation
and
amortization

 

 

Income (loss)
before
income taxes

 

 

Assets

 

 

Capital
expenditures

 

 

(in millions)

 

2021

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Title Insurance and Services

$

8,320

 

 

$

152

 

 

$

1,358

 

 

$

15,058

 

 

$

168

 

Specialty Insurance

 

541

 

 

 

6

 

 

 

36

 

 

 

557

 

 

 

4

 

Corporate

 

362

 

 

 

 

 

 

248

 

 

 

1,829

 

 

 

 

Eliminations

 

(2

)

 

 

 

 

 

 

 

 

(993

)

 

 

 

 

$

9,221

 

 

$

158

 

 

$

1,642

 

 

$

16,451

 

 

$

172

 

2020

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Title Insurance and Services

$

6,535

 

 

$

141

 

 

$

1,026

 

 

$

11,922

 

 

$

117

 

Specialty Insurance

 

532

 

 

 

8

 

 

 

(25

)

 

 

645

 

 

 

4

 

Corporate

 

21

 

 

 

 

 

 

(78

)

 

 

737

 

 

 

 

Eliminations

 

(2

)

 

 

 

 

 

 

 

 

(508

)

 

 

 

 

$

7,086

 

 

$

149

 

 

$

923

 

 

$

12,796

 

 

$

121

 

2019

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Title Insurance and Services

$

5,676

 

 

$

122

 

 

$

912

 

 

$

10,349

 

 

$

101

 

Specialty Insurance

 

506

 

 

 

7

 

 

 

67

 

 

 

640

 

 

 

10

 

Corporate

 

22

 

 

 

 

 

 

(74

)

 

 

575

 

 

 

 

Eliminations

 

(2

)

 

 

 

 

 

 

 

 

(45

)

 

 

 

 

$

6,202

 

 

$

129

 

 

$

905

 

 

$

11,519

 

 

$

111

 

 

 

 

Direct

premiums

and escrow

fees

 

 

Agent

premiums

 

 

Information

and other

 

 

Net

investment

income

 

 

Net investment

gains (losses)

 

 

Total

Revenues

 

2021

(in millions)

 

Title Insurance and Services

$

3,100

 

 

$

3,757

 

 

$

1,203

 

 

$

188

 

 

$

72

 

 

$

8,320

 

Specialty Insurance

 

498

 

 

 

 

 

 

13

 

 

 

7

 

 

 

23

 

 

 

541

 

Corporate

 

 

 

 

 

 

 

 

 

 

21

 

 

 

341

 

 

 

362

 

 

$

3,598

 

 

$

3,757

 

 

$

1,216

 

 

$

216

 

 

$

436

 

 

$

9,223

 

2020

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Title Insurance and Services

$

2,490

 

 

$

2,759

 

 

$

1,001

 

 

$

199

 

 

$

86

 

 

$

6,535

 

Specialty Insurance

 

498

 

 

 

 

 

 

13

 

 

 

9

 

 

 

12

 

 

 

532

 

Corporate

 

 

 

 

 

 

 

 

 

 

14

 

 

 

7

 

 

 

21

 

 

$

2,988

 

 

$

2,759

 

 

$

1,014

 

 

$

222

 

 

$

105

 

 

$

7,088

 

2019

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Title Insurance and Services

$

2,188

 

 

$

2,373

 

 

$

776

 

 

$

284

 

 

$

55

 

 

$

5,676

 

Specialty Insurance

 

471

 

 

 

 

 

 

13

 

 

 

11

 

 

 

11

 

 

 

506

 

Corporate

 

 

 

 

 

 

 

 

 

 

22

 

 

 

 

 

 

22

 

 

$

2,659

 

 

$

2,373

 

 

$

789

 

 

$

317

 

 

$

66

 

 

$

6,204

 

Schedule Of Revenues From External Customers And Long-Lived Assets

Domestic and foreign revenues from external customers for the title insurance and services segment are as follows:

 

Year Ended December 31,

 

 

2021

 

 

2020

 

 

2019

 

 

Domestic

 

 

Foreign

 

 

Domestic

 

 

Foreign

 

 

Domestic

 

 

Foreign

 

 

(in millions)

 

Revenues

$

7,872

 

 

$

448

 

 

$

6,193

 

 

$

342

 

 

$

5,375

 

 

$

301

 

Domestic and foreign long-lived assets for the title insurance and services segment are as follows:

 

December 31,

 

 

2021

 

 

2020

 

 

2019

 

 

Domestic

 

 

Foreign

 

 

Domestic

 

 

Foreign

 

 

Domestic

 

 

Foreign

 

 

(in millions)

 

Long-lived assets

$

945

 

 

$

51

 

 

$

957

 

 

$

60

 

 

$

982

 

 

$

66