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CONSOLIDATED STATEMENTS OF COMPREHENSIVE EARNINGS - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Jun. 30, 2020
Jun. 30, 2019
Statement of Comprehensive Income [Abstract]        
Net earnings $ 318 $ 270 $ 261 $ 476
Other comprehensive earnings:        
Unrealized gain on investments and other financial instruments, net of adjustments to intangible assets and unearned revenue (excluding investments in unconsolidated affiliates) [1] 389 20 380 43
Unrealized gain on investments in unconsolidated affiliates [2] 0 1 7 7
Unrealized gain (loss) on foreign currency translation [3] 5 2 (4) 4
Reclassification adjustments for change in unrealized gains and losses included in net earnings [4] 4 (1) 0 (5)
Change in reinsurance liabilities held at fair value resulting from a change in instrument-specific credit risk [5] 3 0 3 0
Other comprehensive earnings 401 22 386 49
Comprehensive earnings 719 292 647 525
Less: Comprehensive earnings attributable to non-controlling interests 9 4 13 4
Comprehensive earnings attributable to Fidelity National Financial, Inc. common shareholders $ 710 $ 288 $ 634 $ 521
[1] Net of income tax expense of $121 million and $6 million for the three-month periods ended June 30, 2020 and 2019, respectively, and $118 million and $14 million for the six-month periods ended June 30, 2020 and 2019, respectively.
[2] Net of income tax expense of $0 million and $1 million for the three-month periods ended June 30, 2020 and 2019, respectively, and $2 million and $2 million for the six-month periods ended June 30, 2020 and 2019, respectively.
[3] Net of income tax expense (benefit) of $2 million and $1 million for the three-month periods ended June 30, 2020 and 2019, respectively, and $(1) million and $1 million for the six-month periods ended June 30, 2020 and 2019, respectively.
[4] Net of income tax expense (benefit) of $1 million and $(1) million for the three-month periods ended June 30, 2020 and 2019, respectively, and $0 million and $(2) million for the six-month periods ended June 30, 2020 and 2019, respectively.(5)Net of income tax expense of $1 million for the three and six-month periods ended June 30, 2020.
[5] Net of income tax expense of $1 million for the three and six-month periods ended June 30, 2020.