XML 73 R56.htm IDEA: XBRL DOCUMENT v3.24.0.1
Segment Financial Information (Tables)
12 Months Ended
Dec. 31, 2023
Segment Reporting [Abstract]  
Schedule of Selected 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

 

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,

 

 

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