Segment Financial Information

12 Months Ended

Dec. 31, 2022

Segment Reporting [Abstract]

Segment Financial Information

NOTE 23. Segment 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

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 specialty insurance 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,
	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