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Segment Financial Information (Tables)
12 Months Ended
Dec. 31, 2022
Segment Reporting [Abstract]  
Schedule of Selected Financial Information

Selected financial information about the Company’s operations, by segment, for the years ended December 31, 2022, 2021 and 2020, is as follows:

 

 

 

Revenues

 

 

Depreciation
and
amortization

 

 

Income (loss)
before
income taxes

 

 

Assets

 

 

Capital
expenditures

 

 

 

(in millions)

 

2022

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Title Insurance and Services

 

$

7,547

 

 

$

162

 

 

$

758

 

 

$

13,911

 

 

$

271

 

Specialty Insurance

 

 

437

 

 

 

5

 

 

 

27

 

 

 

461

 

 

 

4

 

Corporate and Eliminations

 

 

(379

)

 

 

 

 

 

(459

)

 

 

583

 

 

 

 

 

 

$

7,605

 

 

$

167

 

 

$

326

 

 

$

14,955

 

 

$

275

 

2021

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Title Insurance and Services

 

$

8,320

 

 

$

152

 

 

$

1,358

 

 

$

15,058

 

 

$

168

 

Specialty Insurance

 

 

541

 

 

 

6

 

 

 

36

 

 

 

557

 

 

 

4

 

Corporate and Eliminations

 

 

360

 

 

 

 

 

 

248

 

 

 

836

 

 

 

 

 

 

$

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 and Eliminations

 

 

19

 

 

 

 

 

 

(78

)

 

 

229

 

 

 

 

 

 

$

7,086

 

 

$

149

 

 

$

923

 

 

$

12,796

 

 

$

121

 

 

 

 

Direct premiums and escrow fees

 

 

Agent
premiums

 

 

Information
and other

 

 

Net investment income

 

 

Net investment
gains (losses)

 

 

Total
Revenues

 

 

 

(in millions)

 

2022

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Title Insurance and Services

 

$

2,663

 

 

$

3,548

 

 

$

1,127

 

 

$

359

 

 

$

(150

)

 

$

7,547

 

Specialty Insurance

 

 

422

 

 

 

 

 

 

22

 

 

 

6

 

 

 

(13

)

 

 

437

 

Corporate and Eliminations

 

 

 

 

 

 

 

 

(1

)

 

 

(25

)

 

 

(353

)

 

 

(379

)

 

 

$

3,085

 

 

$

3,548

 

 

$

1,148

 

 

$

340

 

 

$

(516

)

 

$

7,605

 

2021

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Title Insurance and Services

 

$

3,100

 

 

$

3,757

 

 

$

1,203

 

 

$

188

 

 

$

72

 

 

$

8,320

 

Specialty Insurance

 

 

498

 

 

 

 

 

 

13

 

 

 

7

 

 

 

23

 

 

 

541

 

Corporate and Eliminations

 

 

 

 

 

 

 

 

(1

)

 

 

20

 

 

 

341

 

 

 

360

 

 

 

$

3,598

 

 

$

3,757

 

 

$

1,215

 

 

$

215

 

 

$

436

 

 

$

9,221

 

2020

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Title Insurance and Services

 

$

2,490

 

 

$

2,759

 

 

$

1,001

 

 

$

199

 

 

$

86

 

 

$

6,535

 

Specialty Insurance

 

 

498

 

 

 

 

 

 

13

 

 

 

9

 

 

 

12

 

 

 

532

 

Corporate and Eliminations

 

 

 

 

 

 

 

 

(1

)

 

 

13

 

 

 

7

 

 

 

19

 

 

 

$

2,988

 

 

$

2,759

 

 

$

1,013

 

 

$

221

 

 

$

105

 

 

$

7,086

 

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,

 

 

 

2022

 

 

2021

 

 

2020

 

 

 

Domestic

 

 

Foreign

 

 

Domestic

 

 

Foreign

 

 

Domestic

 

 

Foreign

 

 

 

(in millions)

 

Revenues

 

$

7,131

 

 

$

416

 

 

$

7,872

 

 

$

448

 

 

$

6,193

 

 

$

342

 

 

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

 

 

 

December 31,

 

 

 

2022

 

 

2021

 

 

2020

 

 

 

Domestic

 

 

Foreign

 

 

Domestic

 

 

Foreign

 

 

Domestic

 

 

Foreign

 

 

 

(in millions)

 

Long-lived assets

 

$

1,001

 

 

$

51

 

 

$

945

 

 

$

51

 

 

$

957

 

 

$

60