XML 14 R2.htm IDEA: XBRL DOCUMENT v3.22.2
Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Millions
Jun. 30, 2022
Dec. 31, 2021
Assets    
Cash and cash equivalents $ 1,745 $ 1,228
Accounts and accrued income receivable, less allowances of $16 and $14 418 441
Income taxes receivable 248 11
Investments:    
Deposits with banks 67 58
Debt securities, includes pledged securities of $76 and $91 (amortized cost of$9,257 and $9,317) 8,450 9,362
Equity securities 969 1,176
Investments, Total 9,486 10,596
Secured financings receivable 505 565
Property and equipment, net 562 506
Operating lease assets 262 249
Title plants and other indexes 608 587
Deferred income taxes 14 14
Goodwill 1,802 1,588
Other intangible assets, net 221 218
Other assets 391 448
Total assets 16,262 16,451
Liabilities and Equity    
Deposits 6,127 5,069
Accounts payable and accrued liabilities 1,015 1,262
Deferred revenue 202 224
Reserve for known and incurred but not reported claims 1,308 1,284
Income taxes payable 4 24
Deferred income taxes 314 345
Operating lease liabilities 284 274
Secured financings payable 429 538
Notes and contracts payable 1,646 1,648
Total liabilities 11,329 10,668
Commitments and contingencies (Note 16) 0 0
Stockholders’ equity:    
Preferred stock, $0.00001 par value; Authorized—0.5 shares; Outstanding—none 0 0
Common stock, $0.00001 par value; Authorized—300.0 shares; Outstanding—105.0 shares and 109.7 shares 0 0
Additional paid-in capital 1,891 2,179
Retained earnings 3,775 3,680
Accumulated other comprehensive loss (750) (92)
Total stockholders’ equity 4,916 5,767
Noncontrolling interests 17 16
Total equity 4,933 5,783
Total liabilities and equity $ 16,262 $ 16,451