Segment Financial Information

12 Months Ended

Dec. 31, 2023

Segment Reporting [Abstract]

Segment Financial Information

NOTE 22. Segment 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

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 home warranty 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,
	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