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Segment Financial Information | 12 Months Ended
--- | ---
Dec. 31, 2023
Segment Reporting [Abstract] |
Segment Financial Information | NOTE 22. Segment Financial Information: Selected financial information about the Company’s operations, by segment, for the years ended December 31, 2023, 2022 and 2021, is as follows:
|  | Revenues |  |  | Depreciation and amortization |  |  | Income (loss) before income taxes |  |  | Assets |  |  | Capital expenditures |
|  | (in millions) |
2023 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Title Insurance and Services |  | $ | 5,724.8 |  |  | $ | 183.6 |  |  | $ | 494.0 |  |  | $ | 15,768.2 |  |  | $ | 271.1 |
Home Warranty |  |  | 417.2 |  |  |  | 4.8 |  |  |  | 54.3 |  |  |  | 351.9 |  |  |  | 7.6 |
Corporate and Eliminations |  |  | (138.5 | ) |  |  | 0.1 |  |  |  | (273.9 | ) |  |  | 682.7 |  |  |  | — |
|  | $ | 6,003.5 |  |  | $ | 188.5 |  |  | $ | 274.4 |  |  | $ | 16,802.8 |  |  | $ | 278.7 |
2022 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Title Insurance and Services |  | $ | 7,546.9 |  |  | $ | 162.3 |  |  | $ | 757.4 |  |  | $ | 13,911.2 |  |  | $ | 271.3 |
Home Warranty |  |  | 419.0 |  |  |  | 5.1 |  |  |  | 44.6 |  |  |  | 389.7 |  |  |  | 3.6 |
Corporate and Eliminations |  |  | (360.7 | ) |  |  | 0.1 |  |  |  | (476.3 | ) |  |  | 654.4 |  |  |  | — |
|  | $ | 7,605.2 |  |  | $ | 167.5 |  |  | $ | 325.7 |  |  | $ | 14,955.3 |  |  | $ | 274.9 |
2021 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Title Insurance and Services |  | $ | 8,321.0 |  |  | $ | 152.5 |  |  | $ | 1,358.7 |  |  | $ | 15,058.8 |  |  | $ | 168.5 |
Home Warranty |  |  | 421.9 |  |  |  | 5.8 |  |  |  | 52.6 |  |  |  | 436.4 |  |  |  | 3.6 |
Corporate and Eliminations |  |  | 477.9 |  |  |  | 0.1 |  |  |  | 230.0 |  |  |  | 956.1 |  |  |  | — |
|  | $ | 9,220.8 |  |  | $ | 158.4 |  |  | $ | 1,641.3 |  |  | $ | 16,451.3 |  |  | $ | 172.1 |
|  | Direct premiums and escrow fees |  |  | Agent premiums |  |  | Information and other |  |  | Net investment income |  |  | Net investment gains (losses) |  |  | Total Revenues |
|  | (in millions) |
2023 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Title Insurance and Services |  | $ | 1,856.4 |  |  | $ | 2,449.3 |  |  | $ | 917.1 |  |  | $ | 540.2 |  |  | $ | (38.2 | ) |  | $ | 5,724.8 |
Home Warranty |  |  | 395.6 |  |  |  | — |  |  |  | 21.7 |  |  |  | 5.9 |  |  |  | (6.0 | ) |  |  | 417.2 |
Corporate and Eliminations |  |  | 0.1 |  |  |  | — |  |  |  | (0.3 | ) |  |  | 23.9 |  |  |  | (162.2 | ) |  |  | (138.5 | )
|  | $ | 2,252.1 |  |  | $ | 2,449.3 |  |  | $ | 938.5 |  |  | $ | 570.0 |  |  | $ | (206.4 | ) |  | $ | 6,003.5 |
2022 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Title Insurance and Services |  | $ | 2,662.9 |  |  | $ | 3,547.6 |  |  | $ | 1,127.1 |  |  | $ | 359.1 |  |  | $ | (149.8 | ) |  | $ | 7,546.9 |
Home Warranty |  |  | 413.1 |  |  |  | — |  |  |  | 13.3 |  |  |  | 5.1 |  |  |  | (12.5 | ) |  |  | 419.0 |
Corporate and Eliminations |  |  | 8.8 |  |  |  | — |  |  |  | 8.1 |  |  |  | (24.1 | ) |  |  | (353.5 | ) |  |  | (360.7 | )
|  | $ | 3,084.8 |  |  | $ | 3,547.6 |  |  | $ | 1,148.5 |  |  | $ | 340.1 |  |  | $ | (515.8 | ) |  | $ | 7,605.2 |
2021 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Title Insurance and Services |  | $ | 3,100.9 |  |  | $ | 3,757.1 |  |  | $ | 1,203.1 |  |  | $ | 188.3 |  |  | $ | 71.6 |  |  | $ | 8,321.0 |
Home Warranty |  |  | 399.8 |  |  |  | — |  |  |  | 10.9 |  |  |  | 4.1 |  |  |  | 7.1 |  |  |  | 421.9 |
Corporate and Eliminations |  |  | 97.7 |  |  |  | — |  |  |  | 0.9 |  |  |  | 22.4 |  |  |  | 356.9 |  |  |  | 477.9 |
|  | $ | 3,598.4 |  |  | $ | 3,757.1 |  |  | $ | 1,214.9 |  |  | $ | 214.8 |  |  | $ | 435.6 |  |  | $ | 9,220.8 |
The Company’s title insurance and services segment offers title insurance, closing services and similar or related products and services both domestically and internationally. The operations of the Company’s home warranty and corporate segments are entirely domestic. Domestic and foreign revenues from external customers for the title insurance and services segment are as follows:
|  | Year Ended December 31, |
|  | 2023 |  |  | 2022 |  |  | 2021 |
|  | Domestic |  |  | Foreign |  |  | Domestic |  |  | Foreign |  |  | Domestic |  |  | Foreign |
|  | (in millions) |
Revenues |  | $ | 5,351.6 |  |  | $ | 372.2 |  |  | $ | 7,128.4 |  |  | $ | 416.2 |  |  | $ | 7,871.7 |  |  | $ | 448.1 |
Domestic and foreign long-lived assets for the title insurance and services segment are as follows:
|  | December 31, |
|  | 2023 |  |  | 2022 |  |  | 2021 |
|  | Domestic |  |  | Foreign |  |  | Domestic |  |  | Foreign |  |  | Domestic |  |  | Foreign |
|  | (in millions) |
Long-lived assets |  | $ | 977.2 |  |  | $ | 53.0 |  |  | $ | 1,000.9 |  |  | $ | 51.0 |  |  | $ | 944.9 |  |  | $ | 51.1 |

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