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CONDENSED CONSOLIDATED STATEMENTS OF EARNINGS - USD ($)
shares in Millions, $ in Millions
3 Months Ended
Mar. 31, 2020
Mar. 31, 2019
Revenues:    
Direct title insurance premiums $ 546 $ 440
Agency title insurance premiums 732 552
Escrow, title-related and other fees 601 534
Interest and investment income 53 54
Realized gains and losses, net (320) 142
Total revenues 1,612 1,722
Expenses:    
Personnel costs 614 592
Agent commissions 560 421
Other operating expenses 411 344
Depreciation and amortization 43 44
Provision for title claim losses 58 45
Interest expense 12 12
Total expenses 1,698 1,458
(Loss) earnings from continuing operations before income taxes and equity in earnings of unconsolidated affiliates (86) 264
Income tax (benefit) expense (28) 65
(Loss) earnings before equity in earnings of unconsolidated affiliates (58) 199
Equity in earnings of unconsolidated affiliates 1 7
Net (loss) earnings (57) 206
Less: Net earnings attributable to non-controlling interests 4 0
Net earnings attributable to common shareholders $ (61) $ 206
Earnings per share    
Net earnings per share attributable to shareholders, basic (in usd per share) $ (0.22) $ 0.75
Net earnings per share attributable to shareholders, diluted (in usd per share) $ (0.22) $ 0.74
Weighted average shares outstanding, basic basis (in shares) 274 273
Weighted average shares outstanding, diluted basis (in shares) 274 277