10-Q 1 fnf-20220331.htm 10-Q fnf-20220331
FALSEFALSE20222022Q100013318750001331875--12-31--12-31P1YP2YP3YP5Y00013318752022-01-012022-03-3100013318752022-04-30xbrli:shares00013318752022-03-31iso4217:USD00013318752021-12-310001331875us-gaap:PreferredStockMember2022-03-310001331875us-gaap:PreferredStockMember2021-12-310001331875us-gaap:EquitySecuritiesMember2022-03-310001331875us-gaap:EquitySecuritiesMember2021-12-31iso4217:USDxbrli:shares00013318752021-01-012021-03-310001331875us-gaap:CommonStockMember2020-12-310001331875us-gaap:AdditionalPaidInCapitalMember2020-12-310001331875us-gaap:RetainedEarningsMember2020-12-310001331875us-gaap:AccumulatedOtherComprehensiveIncomeMember2020-12-310001331875us-gaap:TreasuryStockMember2020-12-310001331875us-gaap:NoncontrollingInterestMember2020-12-3100013318752020-12-310001331875us-gaap:CommonStockMember2021-01-012021-03-310001331875us-gaap:AdditionalPaidInCapitalMember2021-01-012021-03-310001331875us-gaap:TreasuryStockMember2021-01-012021-03-310001331875us-gaap:AccumulatedOtherComprehensiveIncomeMember2021-01-012021-03-310001331875us-gaap:RetainedEarningsMember2021-01-012021-03-310001331875us-gaap:NoncontrollingInterestMember2021-01-012021-03-310001331875us-gaap:CommonStockMember2021-03-310001331875us-gaap:AdditionalPaidInCapitalMember2021-03-310001331875us-gaap:RetainedEarningsMember2021-03-310001331875us-gaap:AccumulatedOtherComprehensiveIncomeMember2021-03-310001331875us-gaap:TreasuryStockMember2021-03-310001331875us-gaap:NoncontrollingInterestMember2021-03-3100013318752021-03-310001331875us-gaap:CommonStockMember2021-12-310001331875us-gaap:AdditionalPaidInCapitalMember2021-12-310001331875us-gaap:RetainedEarningsMember2021-12-310001331875us-gaap:AccumulatedOtherComprehensiveIncomeMember2021-12-310001331875us-gaap:TreasuryStockMember2021-12-310001331875us-gaap:NoncontrollingInterestMember2021-12-310001331875us-gaap:CommonStockMember2022-01-012022-03-310001331875us-gaap:AdditionalPaidInCapitalMember2022-01-012022-03-310001331875us-gaap:TreasuryStockMember2022-01-012022-03-310001331875us-gaap:AccumulatedOtherComprehensiveIncomeMember2022-01-012022-03-310001331875us-gaap:RetainedEarningsMember2022-01-012022-03-310001331875us-gaap:NoncontrollingInterestMember2022-01-012022-03-310001331875us-gaap:CommonStockMember2022-03-310001331875us-gaap:AdditionalPaidInCapitalMember2022-03-310001331875us-gaap:RetainedEarningsMember2022-03-310001331875us-gaap:AccumulatedOtherComprehensiveIncomeMember2022-03-310001331875us-gaap:TreasuryStockMember2022-03-310001331875us-gaap:NoncontrollingInterestMember2022-03-310001331875fnf:FGMemberfnf:FidelityNationalFinancialIncMember2022-03-14xbrli:pure0001331875fnf:FGMembersrt:ScenarioForecastMemberfnf:FidelityNationalFinancialIncMemberus-gaap:SubsequentEventMember2022-12-310001331875fnf:TitleSegmentMember2021-12-310001331875fnf:TitleSegmentMember2020-12-310001331875fnf:TitleSegmentMember2022-01-012022-03-310001331875fnf:TitleSegmentMember2021-01-012021-03-310001331875fnf:TitleSegmentMember2022-03-310001331875fnf:TitleSegmentMember2021-03-310001331875us-gaap:PendingLitigationMemberfnf:KimFundingLLCKimHPetersonJosephJCohenAndABCFundingStrategiesLLCVChicagoTitleCoChicagoTitleInsCoThomasSchwiebertAdelleDucharmeAndBettyElixmanMember2019-12-132019-12-130001331875fnf:WakefieldCapitalLLCWakefieldInvestmentsLLC2BudzHoldingLLCDougAndKristineHeidrichAndJeffAndHeidiOrrVChicagoTitleCoAndChicagoTitleInsCoMemberus-gaap:PendingLitigationMember2020-03-062020-03-060001331875fnf:SusanHellerFenleySeparatePropertyTrustSusanHellerFenleyInheritedRothIRAShelleyLynnTarditiTrustAndROJLLCVChicagoTitleCoChicagoTitleInsCoMemberus-gaap:PendingLitigationMember2020-06-292020-06-290001331875fnf:BancOfCaliforniaNationalAssociationVLauriePetersonMemberus-gaap:PendingLitigationMember2020-07-072020-07-070001331875us-gaap:PendingLitigationMemberfnf:LauriePetersonVChicagoTitleCoChicagoTitleInsCoThomasSchwiebertAdelleDucharmeAndBettyElixmanMember2020-07-072020-07-070001331875fnf:CalPrivateBankVKimHPetersonTrusteeOfThePetersonFamilyTrustDatedApril141992Memberus-gaap:PendingLitigationMember2020-09-032020-09-030001331875fnf:KimHPetersonTrusteeOfThePetersonFamilyTrustDatedApril141992VChicagoTitleCoChicagoTitleInsCoThomasSchwiebertAdelleDucharmeAndBettyElixmanMemberus-gaap:PendingLitigationMember2020-09-032020-09-030001331875fnf:CalPrivateBankVChicagoTitleCoAndChicagoTitleInsCoMemberus-gaap:PendingLitigationMember2020-11-022020-11-020001331875us-gaap:FairValueInputsLevel1Member2022-03-310001331875us-gaap:FairValueInputsLevel2Member2022-03-310001331875us-gaap:FairValueInputsLevel3Member2022-03-310001331875us-gaap:EstimateOfFairValueFairValueDisclosureMember2022-03-310001331875us-gaap:CarryingReportedAmountFairValueDisclosureMember2022-03-310001331875us-gaap:FairValueInputsLevel1Memberus-gaap:AssetBackedSecuritiesMember2022-03-310001331875us-gaap:FairValueInputsLevel2Memberus-gaap:AssetBackedSecuritiesMember2022-03-310001331875us-gaap:FairValueInputsLevel3Memberus-gaap:AssetBackedSecuritiesMember2022-03-310001331875us-gaap:EstimateOfFairValueFairValueDisclosureMemberus-gaap:AssetBackedSecuritiesMember2022-03-310001331875us-gaap:CarryingReportedAmountFairValueDisclosureMemberus-gaap:AssetBackedSecuritiesMember2022-03-310001331875us-gaap:CommercialMortgageBackedSecuritiesMemberus-gaap:FairValueInputsLevel1Member2022-03-310001331875us-gaap:CommercialMortgageBackedSecuritiesMemberus-gaap:FairValueInputsLevel2Member2022-03-310001331875us-gaap:CommercialMortgageBackedSecuritiesMemberus-gaap:FairValueInputsLevel3Member2022-03-310001331875us-gaap:CommercialMortgageBackedSecuritiesMemberus-gaap:EstimateOfFairValueFairValueDisclosureMember2022-03-310001331875us-gaap:CommercialMortgageBackedSecuritiesMemberus-gaap:CarryingReportedAmountFairValueDisclosureMember2022-03-310001331875us-gaap:CorporateDebtSecuritiesMemberus-gaap:FairValueInputsLevel1Member2022-03-310001331875us-gaap:CorporateDebtSecuritiesMemberus-gaap:FairValueInputsLevel2Member2022-03-310001331875us-gaap:CorporateDebtSecuritiesMemberus-gaap:FairValueInputsLevel3Member2022-03-310001331875us-gaap:CorporateDebtSecuritiesMemberus-gaap:EstimateOfFairValueFairValueDisclosureMember2022-03-310001331875us-gaap:CorporateDebtSecuritiesMemberus-gaap:CarryingReportedAmountFairValueDisclosureMember2022-03-310001331875fnf:HybridsMemberus-gaap:FairValueInputsLevel1Member2022-03-310001331875fnf:HybridsMemberus-gaap:FairValueInputsLevel2Member2022-03-310001331875fnf:HybridsMemberus-gaap:FairValueInputsLevel3Member2022-03-310001331875fnf:HybridsMemberus-gaap:EstimateOfFairValueFairValueDisclosureMember2022-03-310001331875fnf:HybridsMemberus-gaap:CarryingReportedAmountFairValueDisclosureMember2022-03-310001331875us-gaap:FairValueInputsLevel1Memberus-gaap:USStatesAndPoliticalSubdivisionsMember2022-03-310001331875us-gaap:FairValueInputsLevel2Memberus-gaap:USStatesAndPoliticalSubdivisionsMember2022-03-310001331875us-gaap:FairValueInputsLevel3Memberus-gaap:USStatesAndPoliticalSubdivisionsMember2022-03-310001331875us-gaap:EstimateOfFairValueFairValueDisclosureMemberus-gaap:USStatesAndPoliticalSubdivisionsMember2022-03-310001331875us-gaap:CarryingReportedAmountFairValueDisclosureMemberus-gaap:USStatesAndPoliticalSubdivisionsMember2022-03-310001331875us-gaap:ResidentialMortgageBackedSecuritiesMemberus-gaap:FairValueInputsLevel1Member2022-03-310001331875us-gaap:ResidentialMortgageBackedSecuritiesMemberus-gaap:FairValueInputsLevel2Member2022-03-310001331875us-gaap:ResidentialMortgageBackedSecuritiesMemberus-gaap:FairValueInputsLevel3Member2022-03-310001331875us-gaap:ResidentialMortgageBackedSecuritiesMemberus-gaap:EstimateOfFairValueFairValueDisclosureMember2022-03-310001331875us-gaap:ResidentialMortgageBackedSecuritiesMemberus-gaap:CarryingReportedAmountFairValueDisclosureMember2022-03-310001331875us-gaap:USGovernmentAgenciesDebtSecuritiesMemberus-gaap:FairValueInputsLevel1Member2022-03-310001331875us-gaap:USGovernmentAgenciesDebtSecuritiesMemberus-gaap:FairValueInputsLevel2Member2022-03-310001331875us-gaap:USGovernmentAgenciesDebtSecuritiesMemberus-gaap:FairValueInputsLevel3Member2022-03-310001331875us-gaap:USGovernmentAgenciesDebtSecuritiesMemberus-gaap:EstimateOfFairValueFairValueDisclosureMember2022-03-310001331875us-gaap:USGovernmentAgenciesDebtSecuritiesMemberus-gaap:CarryingReportedAmountFairValueDisclosureMember2022-03-310001331875us-gaap:ForeignGovernmentDebtSecuritiesMemberus-gaap:FairValueInputsLevel1Member2022-03-310001331875us-gaap:ForeignGovernmentDebtSecuritiesMemberus-gaap:FairValueInputsLevel2Member2022-03-310001331875us-gaap:ForeignGovernmentDebtSecuritiesMemberus-gaap:FairValueInputsLevel3Member2022-03-310001331875us-gaap:ForeignGovernmentDebtSecuritiesMemberus-gaap:EstimateOfFairValueFairValueDisclosureMember2022-03-310001331875us-gaap:ForeignGovernmentDebtSecuritiesMemberus-gaap:CarryingReportedAmountFairValueDisclosureMember2022-03-310001331875us-gaap:FairValueInputsLevel1Memberus-gaap:PreferredStockMember2022-03-310001331875us-gaap:PreferredStockMemberus-gaap:FairValueInputsLevel2Member2022-03-310001331875us-gaap:FairValueInputsLevel3Memberus-gaap:PreferredStockMember2022-03-310001331875us-gaap:PreferredStockMemberus-gaap:EstimateOfFairValueFairValueDisclosureMember2022-03-310001331875us-gaap:PreferredStockMemberus-gaap:CarryingReportedAmountFairValueDisclosureMember2022-03-310001331875us-gaap:CommonStockMemberus-gaap:FairValueInputsLevel1Member2022-03-310001331875us-gaap:CommonStockMemberus-gaap:FairValueInputsLevel2Member2022-03-310001331875us-gaap:CommonStockMemberus-gaap:FairValueInputsLevel3Member2022-03-310001331875us-gaap:CommonStockMemberus-gaap:EstimateOfFairValueFairValueDisclosureMember2022-03-310001331875us-gaap:CommonStockMemberus-gaap:CarryingReportedAmountFairValueDisclosureMember2022-03-310001331875us-gaap:FairValueInputsLevel1Memberfnf:EmbeddedDerivativesAssetsInReinsuranceContractsMember2022-03-310001331875us-gaap:FairValueInputsLevel2Memberfnf:EmbeddedDerivativesAssetsInReinsuranceContractsMember2022-03-310001331875us-gaap:FairValueInputsLevel3Memberfnf:EmbeddedDerivativesAssetsInReinsuranceContractsMember2022-03-310001331875us-gaap:EstimateOfFairValueFairValueDisclosureMemberfnf:EmbeddedDerivativesAssetsInReinsuranceContractsMember2022-03-310001331875us-gaap:CarryingReportedAmountFairValueDisclosureMemberfnf:EmbeddedDerivativesAssetsInReinsuranceContractsMember2022-03-310001331875us-gaap:OtherLongTermInvestmentsMemberus-gaap:FairValueInputsLevel1Member2022-03-310001331875us-gaap:OtherLongTermInvestmentsMemberus-gaap:FairValueInputsLevel2Member2022-03-310001331875us-gaap:OtherLongTermInvestmentsMemberus-gaap:FairValueInputsLevel3Member2022-03-310001331875us-gaap:OtherLongTermInvestmentsMemberus-gaap:EstimateOfFairValueFairValueDisclosureMember2022-03-310001331875us-gaap:OtherLongTermInvestmentsMemberus-gaap:CarryingReportedAmountFairValueDisclosureMember2022-03-310001331875us-gaap:FairValueInputsLevel1Memberfnf:FixedAnnuityIULEmbeddedDerivativesLiabilitiesInContractHolderFundsMember2022-03-310001331875fnf:FixedAnnuityIULEmbeddedDerivativesLiabilitiesInContractHolderFundsMemberus-gaap:FairValueInputsLevel2Member2022-03-310001331875us-gaap:FairValueInputsLevel3Memberfnf:FixedAnnuityIULEmbeddedDerivativesLiabilitiesInContractHolderFundsMember2022-03-310001331875us-gaap:EstimateOfFairValueFairValueDisclosureMemberfnf:FixedAnnuityIULEmbeddedDerivativesLiabilitiesInContractHolderFundsMember2022-03-310001331875us-gaap:CarryingReportedAmountFairValueDisclosureMemberfnf:FixedAnnuityIULEmbeddedDerivativesLiabilitiesInContractHolderFundsMember2022-03-310001331875us-gaap:FairValueInputsLevel1Memberfnf:EmbeddedDerivativesLiabilitiesInReinsuranceContractsMember2022-03-310001331875fnf:EmbeddedDerivativesLiabilitiesInReinsuranceContractsMemberus-gaap:FairValueInputsLevel2Member2022-03-310001331875us-gaap:FairValueInputsLevel3Memberfnf:EmbeddedDerivativesLiabilitiesInReinsuranceContractsMember2022-03-310001331875us-gaap:EstimateOfFairValueFairValueDisclosureMemberfnf:EmbeddedDerivativesLiabilitiesInReinsuranceContractsMember2022-03-310001331875us-gaap:CarryingReportedAmountFairValueDisclosureMemberfnf:EmbeddedDerivativesLiabilitiesInReinsuranceContractsMember2022-03-310001331875us-gaap:FairValueInputsLevel1Member2021-12-310001331875us-gaap:FairValueInputsLevel2Member2021-12-310001331875us-gaap:FairValueInputsLevel3Member2021-12-310001331875us-gaap:EstimateOfFairValueFairValueDisclosureMember2021-12-310001331875us-gaap:CarryingReportedAmountFairValueDisclosureMember2021-12-310001331875us-gaap:FairValueInputsLevel1Memberus-gaap:AssetBackedSecuritiesMember2021-12-310001331875us-gaap:FairValueInputsLevel2Memberus-gaap:AssetBackedSecuritiesMember2021-12-310001331875us-gaap:FairValueInputsLevel3Memberus-gaap:AssetBackedSecuritiesMember2021-12-310001331875us-gaap:EstimateOfFairValueFairValueDisclosureMemberus-gaap:AssetBackedSecuritiesMember2021-12-310001331875us-gaap:CarryingReportedAmountFairValueDisclosureMemberus-gaap:AssetBackedSecuritiesMember2021-12-310001331875us-gaap:CommercialMortgageBackedSecuritiesMemberus-gaap:FairValueInputsLevel1Member2021-12-310001331875us-gaap:CommercialMortgageBackedSecuritiesMemberus-gaap:FairValueInputsLevel2Member2021-12-310001331875us-gaap:CommercialMortgageBackedSecuritiesMemberus-gaap:FairValueInputsLevel3Member2021-12-310001331875us-gaap:CommercialMortgageBackedSecuritiesMemberus-gaap:EstimateOfFairValueFairValueDisclosureMember2021-12-310001331875us-gaap:CommercialMortgageBackedSecuritiesMemberus-gaap:CarryingReportedAmountFairValueDisclosureMember2021-12-310001331875us-gaap:CorporateDebtSecuritiesMemberus-gaap:FairValueInputsLevel1Member2021-12-310001331875us-gaap:CorporateDebtSecuritiesMemberus-gaap:FairValueInputsLevel2Member2021-12-310001331875us-gaap:CorporateDebtSecuritiesMemberus-gaap:FairValueInputsLevel3Member2021-12-310001331875us-gaap:CorporateDebtSecuritiesMemberus-gaap:EstimateOfFairValueFairValueDisclosureMember2021-12-310001331875us-gaap:CorporateDebtSecuritiesMemberus-gaap:CarryingReportedAmountFairValueDisclosureMember2021-12-310001331875fnf:HybridsMemberus-gaap:FairValueInputsLevel1Member2021-12-310001331875fnf:HybridsMemberus-gaap:FairValueInputsLevel2Member2021-12-310001331875fnf:HybridsMemberus-gaap:FairValueInputsLevel3Member2021-12-310001331875fnf:HybridsMemberus-gaap:EstimateOfFairValueFairValueDisclosureMember2021-12-310001331875fnf:HybridsMemberus-gaap:CarryingReportedAmountFairValueDisclosureMember2021-12-310001331875us-gaap:FairValueInputsLevel1Memberus-gaap:USStatesAndPoliticalSubdivisionsMember2021-12-310001331875us-gaap:FairValueInputsLevel2Memberus-gaap:USStatesAndPoliticalSubdivisionsMember2021-12-310001331875us-gaap:FairValueInputsLevel3Memberus-gaap:USStatesAndPoliticalSubdivisionsMember2021-12-310001331875us-gaap:EstimateOfFairValueFairValueDisclosureMemberus-gaap:USStatesAndPoliticalSubdivisionsMember2021-12-310001331875us-gaap:CarryingReportedAmountFairValueDisclosureMemberus-gaap:USStatesAndPoliticalSubdivisionsMember2021-12-310001331875us-gaap:ResidentialMortgageBackedSecuritiesMemberus-gaap:FairValueInputsLevel1Member2021-12-310001331875us-gaap:ResidentialMortgageBackedSecuritiesMemberus-gaap:FairValueInputsLevel2Member2021-12-310001331875us-gaap:ResidentialMortgageBackedSecuritiesMemberus-gaap:FairValueInputsLevel3Member2021-12-310001331875us-gaap:ResidentialMortgageBackedSecuritiesMemberus-gaap:EstimateOfFairValueFairValueDisclosureMember2021-12-310001331875us-gaap:ResidentialMortgageBackedSecuritiesMemberus-gaap:CarryingReportedAmountFairValueDisclosureMember2021-12-310001331875us-gaap:USGovernmentAgenciesDebtSecuritiesMemberus-gaap:FairValueInputsLevel1Member2021-12-310001331875us-gaap:USGovernmentAgenciesDebtSecuritiesMemberus-gaap:FairValueInputsLevel2Member2021-12-310001331875us-gaap:USGovernmentAgenciesDebtSecuritiesMemberus-gaap:FairValueInputsLevel3Member2021-12-310001331875us-gaap:USGovernmentAgenciesDebtSecuritiesMemberus-gaap:EstimateOfFairValueFairValueDisclosureMember2021-12-310001331875us-gaap:USGovernmentAgenciesDebtSecuritiesMemberus-gaap:CarryingReportedAmountFairValueDisclosureMember2021-12-310001331875us-gaap:ForeignGovernmentDebtSecuritiesMemberus-gaap:FairValueInputsLevel1Member2021-12-310001331875us-gaap:ForeignGovernmentDebtSecuritiesMemberus-gaap:FairValueInputsLevel2Member2021-12-310001331875us-gaap:ForeignGovernmentDebtSecuritiesMemberus-gaap:FairValueInputsLevel3Member2021-12-310001331875us-gaap:ForeignGovernmentDebtSecuritiesMemberus-gaap:EstimateOfFairValueFairValueDisclosureMember2021-12-310001331875us-gaap:ForeignGovernmentDebtSecuritiesMemberus-gaap:CarryingReportedAmountFairValueDisclosureMember2021-12-310001331875us-gaap:FairValueInputsLevel1Memberus-gaap:PreferredStockMember2021-12-310001331875us-gaap:PreferredStockMemberus-gaap:FairValueInputsLevel2Member2021-12-310001331875us-gaap:FairValueInputsLevel3Memberus-gaap:PreferredStockMember2021-12-310001331875us-gaap:PreferredStockMemberus-gaap:EstimateOfFairValueFairValueDisclosureMember2021-12-310001331875us-gaap:PreferredStockMemberus-gaap:CarryingReportedAmountFairValueDisclosureMember2021-12-310001331875us-gaap:CommonStockMemberus-gaap:FairValueInputsLevel1Member2021-12-310001331875us-gaap:CommonStockMemberus-gaap:FairValueInputsLevel2Member2021-12-310001331875us-gaap:CommonStockMemberus-gaap:FairValueInputsLevel3Member2021-12-310001331875us-gaap:CommonStockMemberus-gaap:EstimateOfFairValueFairValueDisclosureMember2021-12-310001331875us-gaap:CommonStockMemberus-gaap:CarryingReportedAmountFairValueDisclosureMember2021-12-310001331875us-gaap:OtherLongTermInvestmentsMemberus-gaap:FairValueInputsLevel1Member2021-12-310001331875us-gaap:OtherLongTermInvestmentsMemberus-gaap:FairValueInputsLevel2Member2021-12-310001331875us-gaap:OtherLongTermInvestmentsMemberus-gaap:FairValueInputsLevel3Member2021-12-310001331875us-gaap:OtherLongTermInvestmentsMemberus-gaap:EstimateOfFairValueFairValueDisclosureMember2021-12-310001331875us-gaap:OtherLongTermInvestmentsMemberus-gaap:CarryingReportedAmountFairValueDisclosureMember2021-12-310001331875us-gaap:FairValueInputsLevel1Memberfnf:FixedAnnuityIULEmbeddedDerivativesLiabilitiesInContractHolderFundsMember2021-12-310001331875fnf:FixedAnnuityIULEmbeddedDerivativesLiabilitiesInContractHolderFundsMemberus-gaap:FairValueInputsLevel2Member2021-12-310001331875us-gaap:FairValueInputsLevel3Memberfnf:FixedAnnuityIULEmbeddedDerivativesLiabilitiesInContractHolderFundsMember2021-12-310001331875us-gaap:EstimateOfFairValueFairValueDisclosureMemberfnf:FixedAnnuityIULEmbeddedDerivativesLiabilitiesInContractHolderFundsMember2021-12-310001331875us-gaap:CarryingReportedAmountFairValueDisclosureMemberfnf:FixedAnnuityIULEmbeddedDerivativesLiabilitiesInContractHolderFundsMember2021-12-310001331875us-gaap:FairValueInputsLevel1Memberfnf:EmbeddedDerivativesLiabilitiesInReinsuranceContractsMember2021-12-310001331875fnf:EmbeddedDerivativesLiabilitiesInReinsuranceContractsMemberus-gaap:FairValueInputsLevel2Member2021-12-310001331875us-gaap:FairValueInputsLevel3Memberfnf:EmbeddedDerivativesLiabilitiesInReinsuranceContractsMember2021-12-310001331875us-gaap:EstimateOfFairValueFairValueDisclosureMemberfnf:EmbeddedDerivativesLiabilitiesInReinsuranceContractsMember2021-12-310001331875us-gaap:CarryingReportedAmountFairValueDisclosureMemberfnf:EmbeddedDerivativesLiabilitiesInReinsuranceContractsMember2021-12-310001331875fnf:CreditLinkedNoteMemberus-gaap:IncomeApproachValuationTechniqueMember2022-03-31iso4217:USDfnf:Contract0001331875us-gaap:MarketApproachValuationTechniqueMemberus-gaap:AssetBackedSecuritiesMember2022-03-310001331875srt:MinimumMemberus-gaap:MarketApproachValuationTechniqueMemberus-gaap:AssetBackedSecuritiesMember2022-01-012022-03-310001331875us-gaap:MarketApproachValuationTechniqueMemberus-gaap:AssetBackedSecuritiesMembersrt:MaximumMember2022-01-012022-03-310001331875us-gaap:MarketApproachValuationTechniqueMembersrt:WeightedAverageMemberus-gaap:AssetBackedSecuritiesMember2022-01-012022-03-310001331875fnf:ThirdPartyValuationTechniqueMemberus-gaap:AssetBackedSecuritiesMember2022-03-310001331875srt:MinimumMemberfnf:ThirdPartyValuationTechniqueMemberus-gaap:AssetBackedSecuritiesMember2022-01-012022-03-310001331875fnf:ThirdPartyValuationTechniqueMemberus-gaap:AssetBackedSecuritiesMembersrt:MaximumMember2022-01-012022-03-310001331875srt:WeightedAverageMemberfnf:ThirdPartyValuationTechniqueMemberus-gaap:AssetBackedSecuritiesMember2022-01-012022-03-310001331875us-gaap:CommercialMortgageBackedSecuritiesMemberus-gaap:MarketApproachValuationTechniqueMember2022-03-310001331875srt:MinimumMemberus-gaap:CommercialMortgageBackedSecuritiesMemberus-gaap:MarketApproachValuationTechniqueMember2022-01-012022-03-310001331875us-gaap:CommercialMortgageBackedSecuritiesMemberus-gaap:MarketApproachValuationTechniqueMembersrt:MaximumMember2022-01-012022-03-310001331875us-gaap:CommercialMortgageBackedSecuritiesMemberus-gaap:MarketApproachValuationTechniqueMembersrt:WeightedAverageMember2022-01-012022-03-310001331875us-gaap:CommercialMortgageBackedSecuritiesMemberfnf:ThirdPartyValuationTechniqueMember2022-03-310001331875us-gaap:CommercialMortgageBackedSecuritiesMemberfnf:ThirdPartyValuationTechniqueMembersrt:MaximumMember2022-01-012022-03-310001331875us-gaap:CommercialMortgageBackedSecuritiesMembersrt:WeightedAverageMemberfnf:ThirdPartyValuationTechniqueMember2022-01-012022-03-310001331875srt:MinimumMemberus-gaap:CommercialMortgageBackedSecuritiesMemberfnf:ThirdPartyValuationTechniqueMember2022-01-012022-03-310001331875us-gaap:CorporateDebtSecuritiesMemberus-gaap:MarketApproachValuationTechniqueMember2022-03-310001331875us-gaap:CorporateDebtSecuritiesMembersrt:MinimumMemberus-gaap:MarketApproachValuationTechniqueMember2022-01-012022-03-310001331875us-gaap:CorporateDebtSecuritiesMemberus-gaap:MarketApproachValuationTechniqueMembersrt:MaximumMember2022-01-012022-03-310001331875us-gaap:CorporateDebtSecuritiesMemberus-gaap:MarketApproachValuationTechniqueMembersrt:WeightedAverageMember2022-01-012022-03-310001331875us-gaap:CorporateDebtSecuritiesMemberus-gaap:ValuationTechniqueDiscountedCashFlowMember2022-03-310001331875us-gaap:CorporateDebtSecuritiesMembersrt:MinimumMemberus-gaap:ValuationTechniqueDiscountedCashFlowMember2022-03-310001331875us-gaap:CorporateDebtSecuritiesMemberus-gaap:ValuationTechniqueDiscountedCashFlowMembersrt:MaximumMember2022-03-310001331875us-gaap:CorporateDebtSecuritiesMemberus-gaap:ValuationTechniqueDiscountedCashFlowMembersrt:WeightedAverageMember2022-03-310001331875us-gaap:CorporateDebtSecuritiesMemberfnf:ThirdPartyValuationTechniqueMember2022-03-310001331875us-gaap:CorporateDebtSecuritiesMembersrt:MinimumMemberfnf:ThirdPartyValuationTechniqueMember2022-01-012022-03-310001331875us-gaap:CorporateDebtSecuritiesMemberfnf:ThirdPartyValuationTechniqueMembersrt:MaximumMember2022-01-012022-03-310001331875us-gaap:CorporateDebtSecuritiesMembersrt:WeightedAverageMemberfnf:ThirdPartyValuationTechniqueMember2022-01-012022-03-310001331875fnf:ThirdPartyValuationTechniqueMemberus-gaap:USStatesAndPoliticalSubdivisionsMember2022-03-310001331875srt:MinimumMemberfnf:ThirdPartyValuationTechniqueMemberus-gaap:USStatesAndPoliticalSubdivisionsMember2022-01-012022-03-310001331875fnf:ThirdPartyValuationTechniqueMembersrt:MaximumMemberus-gaap:USStatesAndPoliticalSubdivisionsMember2022-01-012022-03-310001331875srt:WeightedAverageMemberfnf:ThirdPartyValuationTechniqueMemberus-gaap:USStatesAndPoliticalSubdivisionsMember2022-01-012022-03-310001331875us-gaap:ForeignGovernmentDebtSecuritiesMemberfnf:ThirdPartyValuationTechniqueMember2022-03-310001331875srt:MinimumMemberus-gaap:ForeignGovernmentDebtSecuritiesMemberfnf:ThirdPartyValuationTechniqueMember2022-01-012022-03-310001331875us-gaap:ForeignGovernmentDebtSecuritiesMemberfnf:ThirdPartyValuationTechniqueMembersrt:MaximumMember2022-01-012022-03-310001331875us-gaap:ForeignGovernmentDebtSecuritiesMembersrt:WeightedAverageMemberfnf:ThirdPartyValuationTechniqueMember2022-01-012022-03-310001331875us-gaap:MarketApproachValuationTechniqueMemberus-gaap:ShortTermInvestmentsMember2022-03-310001331875srt:MinimumMemberus-gaap:MarketApproachValuationTechniqueMemberus-gaap:ShortTermInvestmentsMember2022-01-012022-03-310001331875us-gaap:MarketApproachValuationTechniqueMemberus-gaap:ShortTermInvestmentsMembersrt:MaximumMember2022-01-012022-03-310001331875us-gaap:MarketApproachValuationTechniqueMembersrt:WeightedAverageMemberus-gaap:ShortTermInvestmentsMember2022-01-012022-03-310001331875srt:AffiliatedEntityMemberus-gaap:PreferredStockMemberus-gaap:IncomeApproachValuationTechniqueMember2022-03-310001331875srt:AffiliatedEntityMemberus-gaap:PreferredStockMemberus-gaap:IncomeApproachValuationTechniqueMember2022-01-012022-03-310001331875fnf:BlackScholesModelMembersrt:AffiliatedEntityMemberus-gaap:EquitySecuritiesMember2022-03-310001331875srt:MinimumMemberfnf:BlackScholesModelMembersrt:AffiliatedEntityMemberus-gaap:MeasurementInputRiskFreeInterestRateMemberus-gaap:EquitySecuritiesMember2022-03-310001331875fnf:BlackScholesModelMembersrt:AffiliatedEntityMemberus-gaap:MeasurementInputRiskFreeInterestRateMembersrt:MaximumMemberus-gaap:EquitySecuritiesMember2022-03-310001331875fnf:BlackScholesModelMembersrt:AffiliatedEntityMembersrt:WeightedAverageMemberus-gaap:MeasurementInputRiskFreeInterestRateMemberus-gaap:EquitySecuritiesMember2022-03-310001331875srt:MinimumMemberfnf:BlackScholesModelMembersrt:AffiliatedEntityMemberus-gaap:MeasurementInputSharePriceMemberus-gaap:EquitySecuritiesMember2022-03-310001331875fnf:BlackScholesModelMembersrt:AffiliatedEntityMemberus-gaap:MeasurementInputSharePriceMembersrt:MaximumMemberus-gaap:EquitySecuritiesMember2022-03-310001331875fnf:BlackScholesModelMembersrt:AffiliatedEntityMemberus-gaap:MeasurementInputSharePriceMembersrt:WeightedAverageMemberus-gaap:EquitySecuritiesMember2022-03-310001331875srt:MinimumMemberfnf:BlackScholesModelMembersrt:AffiliatedEntityMemberus-gaap:MeasurementInputPriceVolatilityMemberus-gaap:EquitySecuritiesMember2022-03-310001331875fnf:BlackScholesModelMembersrt:AffiliatedEntityMemberus-gaap:MeasurementInputPriceVolatilityMembersrt:MaximumMemberus-gaap:EquitySecuritiesMember2022-03-310001331875fnf:BlackScholesModelMembersrt:AffiliatedEntityMemberus-gaap:MeasurementInputPriceVolatilityMembersrt:WeightedAverageMemberus-gaap:EquitySecuritiesMember2022-03-310001331875srt:MinimumMemberfnf:BlackScholesModelMembersrt:AffiliatedEntityMemberus-gaap:MeasurementInputExpectedDividendRateMemberus-gaap:EquitySecuritiesMember2022-03-310001331875fnf:BlackScholesModelMembersrt:AffiliatedEntityMemberus-gaap:MeasurementInputExpectedDividendRateMembersrt:MaximumMemberus-gaap:EquitySecuritiesMember2022-03-310001331875fnf:BlackScholesModelMembersrt:AffiliatedEntityMembersrt:WeightedAverageMemberus-gaap:MeasurementInputExpectedDividendRateMemberus-gaap:EquitySecuritiesMember2022-03-310001331875us-gaap:MarketApproachValuationTechniqueMembersrt:AffiliatedEntityMemberus-gaap:EquitySecuritiesMember2022-03-310001331875srt:MinimumMemberus-gaap:MarketApproachValuationTechniqueMembersrt:AffiliatedEntityMemberus-gaap:EquitySecuritiesMember2022-01-012022-03-310001331875us-gaap:MarketApproachValuationTechniqueMembersrt:AffiliatedEntityMembersrt:MaximumMemberus-gaap:EquitySecuritiesMember2022-01-012022-03-310001331875us-gaap:MarketApproachValuationTechniqueMembersrt:AffiliatedEntityMembersrt:WeightedAverageMemberus-gaap:EquitySecuritiesMember2022-01-012022-03-310001331875us-gaap:ValuationTechniqueDiscountedCashFlowMembersrt:AffiliatedEntityMemberus-gaap:EquitySecuritiesMember2022-03-310001331875srt:MinimumMemberus-gaap:MeasurementInputDiscountRateMemberus-gaap:ValuationTechniqueDiscountedCashFlowMembersrt:AffiliatedEntityMemberus-gaap:EquitySecuritiesMember2022-03-310001331875us-gaap:MeasurementInputDiscountRateMemberus-gaap:ValuationTechniqueDiscountedCashFlowMembersrt:AffiliatedEntityMembersrt:MaximumMemberus-gaap:EquitySecuritiesMember2022-03-310001331875us-gaap:MeasurementInputDiscountRateMemberus-gaap:ValuationTechniqueDiscountedCashFlowMembersrt:AffiliatedEntityMembersrt:WeightedAverageMemberus-gaap:EquitySecuritiesMember2022-03-310001331875srt:MinimumMemberfnf:EBITDAMultipleMemberus-gaap:MarketApproachValuationTechniqueMemberus-gaap:EquitySecuritiesMember2022-03-310001331875fnf:EBITDAMultipleMemberus-gaap:MarketApproachValuationTechniqueMembersrt:MaximumMemberus-gaap:EquitySecuritiesMember2022-03-310001331875fnf:EBITDAMultipleMemberus-gaap:MarketApproachValuationTechniqueMembersrt:WeightedAverageMemberus-gaap:EquitySecuritiesMember2022-03-310001331875fnf:BlackScholesModelMemberfnf:EmbeddedDerivativeOtherLongTermInvestmentsAvailableForSaleMember2022-03-310001331875fnf:BlackScholesModelMemberfnf:EmbeddedDerivativeOtherLongTermInvestmentsAvailableForSaleMember2022-01-012022-03-310001331875fnf:CreditLinkedNoteMemberus-gaap:MarketApproachValuationTechniqueMember2022-03-310001331875fnf:CreditLinkedNoteMemberus-gaap:MarketApproachValuationTechniqueMember2022-01-012022-03-310001331875fnf:FEGInvestmentMemberus-gaap:MarketApproachValuationTechniqueMember2022-03-310001331875srt:MinimumMemberfnf:FEGInvestmentMemberfnf:EBITDAMultipleMember2022-03-310001331875fnf:FEGInvestmentMemberfnf:EBITDAMultipleMembersrt:MaximumMember2022-03-310001331875us-gaap:ValuationTechniqueDiscountedCashFlowMemberfnf:FixedIndexAnnuityMember2022-03-310001331875srt:MinimumMemberus-gaap:ValuationTechniqueDiscountedCashFlowMemberfnf:FixedIndexAnnuityMember2022-01-012022-03-310001331875us-gaap:ValuationTechniqueDiscountedCashFlowMemberfnf:FixedIndexAnnuityMembersrt:MaximumMember2022-01-012022-03-310001331875us-gaap:ValuationTechniqueDiscountedCashFlowMembersrt:WeightedAverageMemberfnf:FixedIndexAnnuityMember2022-01-012022-03-310001331875us-gaap:MarketApproachValuationTechniqueMemberus-gaap:AssetBackedSecuritiesMember2021-12-310001331875srt:MinimumMemberus-gaap:MarketApproachValuationTechniqueMemberus-gaap:AssetBackedSecuritiesMember2021-01-012021-12-310001331875us-gaap:MarketApproachValuationTechniqueMemberus-gaap:AssetBackedSecuritiesMembersrt:MaximumMember2021-01-012021-12-310001331875us-gaap:MarketApproachValuationTechniqueMembersrt:WeightedAverageMemberus-gaap:AssetBackedSecuritiesMember2021-01-012021-12-310001331875fnf:ThirdPartyValuationTechniqueMemberus-gaap:AssetBackedSecuritiesMember2021-12-310001331875srt:MinimumMemberfnf:ThirdPartyValuationTechniqueMemberus-gaap:AssetBackedSecuritiesMember2021-01-012021-12-310001331875fnf:ThirdPartyValuationTechniqueMemberus-gaap:AssetBackedSecuritiesMembersrt:MaximumMember2021-01-012021-12-310001331875srt:WeightedAverageMemberfnf:ThirdPartyValuationTechniqueMemberus-gaap:AssetBackedSecuritiesMember2021-01-012021-12-310001331875us-gaap:CommercialMortgageBackedSecuritiesMemberus-gaap:MarketApproachValuationTechniqueMember2021-12-310001331875srt:MinimumMemberus-gaap:CommercialMortgageBackedSecuritiesMemberus-gaap:MarketApproachValuationTechniqueMember2021-01-012021-12-310001331875us-gaap:CommercialMortgageBackedSecuritiesMemberus-gaap:MarketApproachValuationTechniqueMembersrt:MaximumMember2021-01-012021-12-310001331875us-gaap:CommercialMortgageBackedSecuritiesMemberus-gaap:MarketApproachValuationTechniqueMembersrt:WeightedAverageMember2021-01-012021-12-310001331875us-gaap:CommercialMortgageBackedSecuritiesMemberfnf:ThirdPartyValuationTechniqueMember2021-12-310001331875srt:MinimumMemberus-gaap:CommercialMortgageBackedSecuritiesMemberfnf:ThirdPartyValuationTechniqueMember2021-01-012021-12-310001331875us-gaap:CommercialMortgageBackedSecuritiesMemberfnf:ThirdPartyValuationTechniqueMembersrt:MaximumMember2021-01-012021-12-310001331875us-gaap:CommercialMortgageBackedSecuritiesMembersrt:WeightedAverageMemberfnf:ThirdPartyValuationTechniqueMember2021-01-012021-12-310001331875us-gaap:CorporateDebtSecuritiesMemberus-gaap:MarketApproachValuationTechniqueMember2021-12-310001331875us-gaap:CorporateDebtSecuritiesMembersrt:MinimumMemberus-gaap:MarketApproachValuationTechniqueMember2021-01-012021-12-310001331875us-gaap:CorporateDebtSecuritiesMemberus-gaap:MarketApproachValuationTechniqueMembersrt:MaximumMember2021-01-012021-12-310001331875us-gaap:CorporateDebtSecuritiesMemberus-gaap:MarketApproachValuationTechniqueMembersrt:WeightedAverageMember2021-01-012021-12-310001331875us-gaap:CorporateDebtSecuritiesMemberfnf:ThirdPartyValuationTechniqueMember2021-12-310001331875us-gaap:CorporateDebtSecuritiesMembersrt:MinimumMemberfnf:ThirdPartyValuationTechniqueMember2021-01-012021-12-310001331875us-gaap:CorporateDebtSecuritiesMemberfnf:ThirdPartyValuationTechniqueMembersrt:MaximumMember2021-01-012021-12-310001331875us-gaap:CorporateDebtSecuritiesMembersrt:WeightedAverageMemberfnf:ThirdPartyValuationTechniqueMember2021-01-012021-12-310001331875us-gaap:CorporateDebtSecuritiesMemberus-gaap:ValuationTechniqueDiscountedCashFlowMember2021-12-310001331875us-gaap:CorporateDebtSecuritiesMembersrt:MinimumMemberus-gaap:MeasurementInputDiscountRateMemberus-gaap:ValuationTechniqueDiscountedCashFlowMember2021-12-310001331875us-gaap:CorporateDebtSecuritiesMemberus-gaap:MeasurementInputDiscountRateMemberus-gaap:ValuationTechniqueDiscountedCashFlowMembersrt:MaximumMember2021-12-310001331875us-gaap:CorporateDebtSecuritiesMemberus-gaap:MeasurementInputDiscountRateMemberus-gaap:ValuationTechniqueDiscountedCashFlowMembersrt:WeightedAverageMember2021-12-310001331875fnf:ThirdPartyValuationTechniqueMemberus-gaap:USStatesAndPoliticalSubdivisionsMember2021-12-310001331875srt:MinimumMemberfnf:ThirdPartyValuationTechniqueMemberus-gaap:USStatesAndPoliticalSubdivisionsMember2021-01-012021-12-310001331875fnf:ThirdPartyValuationTechniqueMembersrt:MaximumMemberus-gaap:USStatesAndPoliticalSubdivisionsMember2021-01-012021-12-310001331875srt:WeightedAverageMemberfnf:ThirdPartyValuationTechniqueMemberus-gaap:USStatesAndPoliticalSubdivisionsMember2021-01-012021-12-310001331875us-gaap:ForeignGovernmentDebtSecuritiesMemberfnf:ThirdPartyValuationTechniqueMember2021-12-310001331875srt:MinimumMemberus-gaap:ForeignGovernmentDebtSecuritiesMemberfnf:ThirdPartyValuationTechniqueMember2021-01-012021-12-310001331875us-gaap:ForeignGovernmentDebtSecuritiesMemberfnf:ThirdPartyValuationTechniqueMembersrt:MaximumMember2021-01-012021-12-310001331875us-gaap:ForeignGovernmentDebtSecuritiesMembersrt:WeightedAverageMemberfnf:ThirdPartyValuationTechniqueMember2021-01-012021-12-310001331875us-gaap:MarketApproachValuationTechniqueMemberus-gaap:ShortTermInvestmentsMember2021-12-310001331875srt:MinimumMemberus-gaap:MarketApproachValuationTechniqueMemberus-gaap:ShortTermInvestmentsMember2021-01-012021-12-310001331875us-gaap:MarketApproachValuationTechniqueMemberus-gaap:ShortTermInvestmentsMembersrt:MaximumMember2021-01-012021-12-310001331875us-gaap:MarketApproachValuationTechniqueMembersrt:WeightedAverageMemberus-gaap:ShortTermInvestmentsMember2021-01-012021-12-310001331875srt:AffiliatedEntityMemberus-gaap:PreferredStockMemberus-gaap:IncomeApproachValuationTechniqueMember2021-12-310001331875srt:AffiliatedEntityMemberus-gaap:PreferredStockMemberus-gaap:IncomeApproachValuationTechniqueMember2021-01-012021-12-310001331875us-gaap:MarketApproachValuationTechniqueMemberus-gaap:EquitySecuritiesMember2021-12-310001331875srt:MinimumMemberus-gaap:MarketApproachValuationTechniqueMemberus-gaap:EquitySecuritiesMember2021-01-012021-12-310001331875us-gaap:MarketApproachValuationTechniqueMembersrt:MaximumMemberus-gaap:EquitySecuritiesMember2021-01-012021-12-310001331875us-gaap:MarketApproachValuationTechniqueMembersrt:WeightedAverageMemberus-gaap:EquitySecuritiesMember2021-01-012021-12-310001331875fnf:BlackScholesModelMembersrt:AffiliatedEntityMemberus-gaap:EquitySecuritiesMember2021-12-310001331875srt:MinimumMemberfnf:BlackScholesModelMembersrt:AffiliatedEntityMemberus-gaap:MeasurementInputRiskFreeInterestRateMemberus-gaap:EquitySecuritiesMember2021-12-310001331875fnf:BlackScholesModelMembersrt:AffiliatedEntityMemberus-gaap:MeasurementInputRiskFreeInterestRateMembersrt:MaximumMemberus-gaap:EquitySecuritiesMember2021-12-310001331875fnf:BlackScholesModelMembersrt:AffiliatedEntityMembersrt:WeightedAverageMemberus-gaap:MeasurementInputRiskFreeInterestRateMemberus-gaap:EquitySecuritiesMember2021-12-310001331875srt:MinimumMemberfnf:BlackScholesModelMembersrt:AffiliatedEntityMemberus-gaap:MeasurementInputSharePriceMemberus-gaap:EquitySecuritiesMember2021-12-310001331875fnf:BlackScholesModelMembersrt:AffiliatedEntityMemberus-gaap:MeasurementInputSharePriceMembersrt:MaximumMemberus-gaap:EquitySecuritiesMember2021-12-310001331875fnf:BlackScholesModelMembersrt:AffiliatedEntityMemberus-gaap:MeasurementInputSharePriceMembersrt:WeightedAverageMemberus-gaap:EquitySecuritiesMember2021-12-310001331875srt:MinimumMemberfnf:BlackScholesModelMembersrt:AffiliatedEntityMemberus-gaap:MeasurementInputPriceVolatilityMemberus-gaap:EquitySecuritiesMember2021-12-310001331875fnf:BlackScholesModelMembersrt:AffiliatedEntityMemberus-gaap:MeasurementInputPriceVolatilityMembersrt:MaximumMemberus-gaap:EquitySecuritiesMember2021-12-310001331875fnf:BlackScholesModelMembersrt:AffiliatedEntityMemberus-gaap:MeasurementInputPriceVolatilityMembersrt:WeightedAverageMemberus-gaap:EquitySecuritiesMember2021-12-310001331875fnf:BlackScholesModelMembersrt:AffiliatedEntityMemberus-gaap:MeasurementInputExpectedDividendRateMemberus-gaap:EquitySecuritiesMember2021-12-310001331875us-gaap:ValuationTechniqueDiscountedCashFlowMembersrt:AffiliatedEntityMemberus-gaap:EquitySecuritiesMember2021-12-310001331875srt:MinimumMemberus-gaap:MeasurementInputDiscountRateMemberus-gaap:ValuationTechniqueDiscountedCashFlowMembersrt:AffiliatedEntityMember2021-12-310001331875us-gaap:MeasurementInputDiscountRateMemberus-gaap:ValuationTechniqueDiscountedCashFlowMembersrt:AffiliatedEntityMembersrt:MaximumMember2021-12-310001331875us-gaap:MeasurementInputDiscountRateMemberus-gaap:ValuationTechniqueDiscountedCashFlowMembersrt:AffiliatedEntityMembersrt:WeightedAverageMember2021-12-310001331875srt:MinimumMemberfnf:EBITDAMultipleMemberus-gaap:MarketApproachValuationTechniqueMemberus-gaap:EquitySecuritiesMember2021-12-310001331875fnf:EBITDAMultipleMemberus-gaap:MarketApproachValuationTechniqueMembersrt:MaximumMemberus-gaap:EquitySecuritiesMember2021-12-310001331875fnf:EBITDAMultipleMemberus-gaap:MarketApproachValuationTechniqueMembersrt:WeightedAverageMemberus-gaap:EquitySecuritiesMember2021-12-310001331875us-gaap:ValuationTechniqueDiscountedCashFlowMemberfnf:EmbeddedDerivativeOtherLongTermInvestmentsAvailableForSaleMembersrt:AffiliatedEntityMember2021-12-310001331875fnf:EmbeddedDerivativeOtherLongTermInvestmentsAvailableForSaleMemberfnf:ThirdPartyValuationTechniqueMember2021-01-012021-12-310001331875fnf:CreditLinkedNoteMemberus-gaap:ValuationTechniqueDiscountedCashFlowMembersrt:AffiliatedEntityMember2021-12-310001331875fnf:CreditLinkedNoteMemberus-gaap:MarketApproachValuationTechniqueMembersrt:AffiliatedEntityMember2021-01-012021-12-310001331875fnf:FEGInvestmentMemberus-gaap:ValuationTechniqueDiscountedCashFlowMembersrt:AffiliatedEntityMember2021-12-310001331875srt:MinimumMemberfnf:FEGInvestmentMemberfnf:EBITDAMultipleMember2021-12-310001331875fnf:FEGInvestmentMemberfnf:EBITDAMultipleMembersrt:MaximumMember2021-12-310001331875us-gaap:ValuationTechniqueDiscountedCashFlowMemberfnf:FuturePolicyBenefitsMember2021-12-310001331875srt:MinimumMemberus-gaap:ValuationTechniqueDiscountedCashFlowMemberfnf:FuturePolicyBenefitsMember2021-01-012021-12-310001331875us-gaap:ValuationTechniqueDiscountedCashFlowMemberfnf:FixedIndexAnnuityMember2021-12-310001331875srt:MinimumMemberus-gaap:ValuationTechniqueDiscountedCashFlowMemberfnf:FixedIndexAnnuityMember2021-01-012021-12-310001331875us-gaap:ValuationTechniqueDiscountedCashFlowMemberfnf:FixedIndexAnnuityMembersrt:MaximumMember2021-01-012021-12-310001331875us-gaap:ValuationTechniqueDiscountedCashFlowMembersrt:WeightedAverageMemberfnf:FixedIndexAnnuityMember2021-01-012021-12-310001331875us-gaap:AssetBackedSecuritiesMember2021-12-310001331875us-gaap:AssetBackedSecuritiesMember2022-01-012022-03-310001331875us-gaap:AssetBackedSecuritiesMember2022-03-310001331875us-gaap:CommercialMortgageBackedSecuritiesMember2021-12-310001331875us-gaap:CommercialMortgageBackedSecuritiesMember2022-01-012022-03-310001331875us-gaap:CommercialMortgageBackedSecuritiesMember2022-03-310001331875us-gaap:CorporateDebtSecuritiesMember2021-12-310001331875us-gaap:CorporateDebtSecuritiesMember2022-01-012022-03-310001331875us-gaap:CorporateDebtSecuritiesMember2022-03-310001331875us-gaap:USStatesAndPoliticalSubdivisionsMember2021-12-310001331875us-gaap:USStatesAndPoliticalSubdivisionsMember2022-01-012022-03-310001331875us-gaap:USStatesAndPoliticalSubdivisionsMember2022-03-310001331875us-gaap:ResidentialMortgageBackedSecuritiesMember2021-12-310001331875us-gaap:ResidentialMortgageBackedSecuritiesMember2022-01-012022-03-310001331875us-gaap:ResidentialMortgageBackedSecuritiesMember2022-03-310001331875us-gaap:ForeignGovernmentDebtSecuritiesMember2021-12-310001331875us-gaap:ForeignGovernmentDebtSecuritiesMember2022-01-012022-03-310001331875us-gaap:ForeignGovernmentDebtSecuritiesMember2022-03-310001331875us-gaap:ShortTermInvestmentsMember2021-12-310001331875us-gaap:ShortTermInvestmentsMember2022-01-012022-03-310001331875us-gaap:ShortTermInvestmentsMember2022-03-310001331875us-gaap:PreferredStockMember2022-01-012022-03-310001331875us-gaap:EquitySecuritiesMember2022-01-012022-03-310001331875fnf:AvailableForSaleEmbeddedDerivativesMember2021-12-310001331875fnf:AvailableForSaleEmbeddedDerivativesMember2022-01-012022-03-310001331875fnf:AvailableForSaleEmbeddedDerivativesMember2022-03-310001331875fnf:FEGInvestmentMember2021-12-310001331875fnf:FEGInvestmentMember2022-01-012022-03-310001331875fnf:FEGInvestmentMember2022-03-310001331875fnf:CreditLinkedNoteMember2021-12-310001331875fnf:CreditLinkedNoteMember2022-01-012022-03-310001331875fnf:CreditLinkedNoteMember2022-03-310001331875fnf:FixedAnnuityIULEmbeddedDerivativesLiabilitiesInContractHolderFundsMember2021-12-310001331875fnf:FixedAnnuityIULEmbeddedDerivativesLiabilitiesInContractHolderFundsMember2022-01-012022-03-310001331875fnf:FixedAnnuityIULEmbeddedDerivativesLiabilitiesInContractHolderFundsMember2022-03-310001331875us-gaap:AssetBackedSecuritiesMember2020-12-310001331875us-gaap:AssetBackedSecuritiesMember2021-01-012021-03-310001331875us-gaap:AssetBackedSecuritiesMember2021-03-310001331875us-gaap:CommercialMortgageBackedSecuritiesMember2020-12-310001331875us-gaap:CommercialMortgageBackedSecuritiesMember2021-01-012021-03-310001331875us-gaap:CommercialMortgageBackedSecuritiesMember2021-03-310001331875us-gaap:CorporateDebtSecuritiesMember2020-12-310001331875us-gaap:CorporateDebtSecuritiesMember2021-01-012021-03-310001331875us-gaap:CorporateDebtSecuritiesMember2021-03-310001331875fnf:HybridsMember2020-12-310001331875fnf:HybridsMember2021-01-012021-03-310001331875fnf:HybridsMember2021-03-310001331875us-gaap:USStatesAndPoliticalSubdivisionsMember2020-12-310001331875us-gaap:USStatesAndPoliticalSubdivisionsMember2021-01-012021-03-310001331875us-gaap:USStatesAndPoliticalSubdivisionsMember2021-03-310001331875us-gaap:ResidentialMortgageBackedSecuritiesMember2020-12-310001331875us-gaap:ResidentialMortgageBackedSecuritiesMember2021-01-012021-03-310001331875us-gaap:ResidentialMortgageBackedSecuritiesMember2021-03-310001331875us-gaap:ForeignGovernmentDebtSecuritiesMember2020-12-310001331875us-gaap:ForeignGovernmentDebtSecuritiesMember2021-01-012021-03-310001331875us-gaap:ForeignGovernmentDebtSecuritiesMember2021-03-310001331875us-gaap:EquitySecuritiesMember2020-12-310001331875us-gaap:EquitySecuritiesMember2021-01-012021-03-310001331875us-gaap:EquitySecuritiesMember2021-03-310001331875fnf:AvailableForSaleEmbeddedDerivativesMember2020-12-310001331875fnf:AvailableForSaleEmbeddedDerivativesMember2021-01-012021-03-310001331875fnf:AvailableForSaleEmbeddedDerivativesMember2021-03-310001331875fnf:CreditLinkedNoteMember2020-12-310001331875fnf:CreditLinkedNoteMember2021-01-012021-03-310001331875fnf:CreditLinkedNoteMember2021-03-310001331875fnf:FuturePolicyBenefitsMember2020-12-310001331875fnf:FuturePolicyBenefitsMember2021-01-012021-03-310001331875fnf:FuturePolicyBenefitsMember2021-03-310001331875fnf:FixedAnnuityIULEmbeddedDerivativesLiabilitiesInContractHolderFundsMember2020-12-310001331875fnf:FixedAnnuityIULEmbeddedDerivativesLiabilitiesInContractHolderFundsMember2021-01-012021-03-310001331875fnf:FixedAnnuityIULEmbeddedDerivativesLiabilitiesInContractHolderFundsMember2021-03-310001331875us-gaap:EquityMethodInvestmentNonconsolidatedInvesteeOrGroupOfInvesteesMember2022-03-310001331875us-gaap:EquityMethodInvestmentNonconsolidatedInvesteeOrGroupOfInvesteesMember2021-12-310001331875us-gaap:FairValueMeasuredAtNetAssetValuePerShareMember2022-03-310001331875us-gaap:FairValueMeasuredAtNetAssetValuePerShareMember2021-12-310001331875us-gaap:EquityMethodInvestmentNonconsolidatedInvesteeOrGroupOfInvesteesMemberus-gaap:FairValueMeasuredAtNetAssetValuePerShareMember2022-03-310001331875us-gaap:EquityMethodInvestmentNonconsolidatedInvesteeOrGroupOfInvesteesMemberus-gaap:FairValueMeasuredAtNetAssetValuePerShareMember2021-12-310001331875fnf:HybridsMember2022-03-310001331875fnf:MunicipalsMember2022-03-310001331875us-gaap:USGovernmentAgenciesDebtSecuritiesMember2022-03-310001331875fnf:HybridsMember2021-12-310001331875fnf:MunicipalsMember2021-12-310001331875us-gaap:USGovernmentAgenciesDebtSecuritiesMember2021-12-310001331875us-gaap:AvailableforsaleSecuritiesMember2022-03-310001331875us-gaap:AvailableforsaleSecuritiesMember2021-12-310001331875fnf:CorporatesNonStructuredHybridsMunicipalAndGovernmentSecuritiesMember2022-03-310001331875fnf:CorporatesNonStructuredHybridsMunicipalAndGovernmentSecuritiesMember2021-12-310001331875fnf:StructuredHybridsMember2022-03-310001331875fnf:StructuredHybridsMember2021-12-310001331875us-gaap:MortgageBackedSecuritiesIssuedByUSGovernmentSponsoredEnterprisesMember2022-03-310001331875us-gaap:MortgageBackedSecuritiesIssuedByUSGovernmentSponsoredEnterprisesMember2021-12-310001331875fnf:OtherSecuritiesThatProvidePeriodicPaymentsMember2022-03-310001331875fnf:OtherSecuritiesThatProvidePeriodicPaymentsMember2021-12-31fnf:security0001331875srt:HotelMemberus-gaap:CommercialPortfolioSegmentMember2022-03-310001331875srt:HotelMemberus-gaap:CommercialPortfolioSegmentMember2021-12-310001331875fnf:IndustrialGeneralMemberus-gaap:CommercialPortfolioSegmentMember2022-03-310001331875fnf:IndustrialGeneralMemberus-gaap:CommercialPortfolioSegmentMember2021-12-310001331875us-gaap:CommercialPortfolioSegmentMembersrt:WarehouseMember2022-03-310001331875us-gaap:CommercialPortfolioSegmentMembersrt:WarehouseMember2021-12-310001331875srt:MultifamilyMemberus-gaap:CommercialPortfolioSegmentMember2022-03-310001331875srt:MultifamilyMemberus-gaap:CommercialPortfolioSegmentMember2021-12-310001331875srt:OfficeBuildingMemberus-gaap:CommercialPortfolioSegmentMember2022-03-310001331875srt:OfficeBuildingMemberus-gaap:CommercialPortfolioSegmentMember2021-12-310001331875us-gaap:CommercialPortfolioSegmentMembersrt:RetailSiteMember2022-03-310001331875us-gaap:CommercialPortfolioSegmentMembersrt:RetailSiteMember2021-12-310001331875fnf:StudentHousingMemberus-gaap:CommercialPortfolioSegmentMember2022-03-310001331875fnf:StudentHousingMemberus-gaap:CommercialPortfolioSegmentMember2021-12-310001331875us-gaap:CommercialPortfolioSegmentMembersrt:OtherPropertyMember2022-03-310001331875us-gaap:CommercialPortfolioSegmentMembersrt:OtherPropertyMember2021-12-310001331875us-gaap:CommercialPortfolioSegmentMember2022-03-310001331875us-gaap:CommercialPortfolioSegmentMember2021-12-310001331875us-gaap:CommercialPortfolioSegmentMemberfnf:EastNorthCentralUSMember2022-03-310001331875us-gaap:CommercialPortfolioSegmentMemberfnf:EastNorthCentralUSMember2021-12-310001331875us-gaap:CommercialPortfolioSegmentMemberfnf:EastSouthCentralMember2022-03-310001331875us-gaap:CommercialPortfolioSegmentMemberfnf:EastSouthCentralMember2021-12-310001331875us-gaap:CommercialPortfolioSegmentMemberfnf:MiddleAtlanticUSMember2022-03-310001331875us-gaap:CommercialPortfolioSegmentMemberfnf:MiddleAtlanticUSMember2021-12-310001331875us-gaap:CommercialPortfolioSegmentMemberfnf:MountainMember2022-03-310001331875us-gaap:CommercialPortfolioSegmentMemberfnf:MountainMember2021-12-310001331875us-gaap:CommercialPortfolioSegmentMemberfnf:NewEnglandMember2022-03-310001331875us-gaap:CommercialPortfolioSegmentMemberfnf:NewEnglandMember2021-12-310001331875us-gaap:CommercialPortfolioSegmentMemberfnf:PacificUSMember2022-03-310001331875us-gaap:CommercialPortfolioSegmentMemberfnf:PacificUSMember2021-12-310001331875us-gaap:CommercialPortfolioSegmentMemberfnf:SouthAtlanticUSMember2022-03-310001331875us-gaap:CommercialPortfolioSegmentMemberfnf:SouthAtlanticUSMember2021-12-310001331875fnf:WestNorthCentralUSMemberus-gaap:CommercialPortfolioSegmentMember2022-03-310001331875fnf:WestNorthCentralUSMemberus-gaap:CommercialPortfolioSegmentMember2021-12-310001331875us-gaap:CommercialPortfolioSegmentMemberfnf:WestSouthCentralUSMember2022-03-310001331875us-gaap:CommercialPortfolioSegmentMemberfnf:WestSouthCentralUSMember2021-12-310001331875us-gaap:CommercialPortfolioSegmentMemberfnf:LTVLessThan50PercentMemberfnf:GreaterThanOnePointTwoFiveMember2022-03-310001331875fnf:GreaterThanOneButLessThanOnePointTwoFiveMemberus-gaap:CommercialPortfolioSegmentMemberfnf:LTVLessThan50PercentMember2022-03-310001331875us-gaap:CommercialPortfolioSegmentMemberfnf:GreaterThanOnePointZeroZeroMemberfnf:LTVLessThan50PercentMember2022-03-310001331875us-gaap:CommercialPortfolioSegmentMemberfnf:LTVLessThan50PercentMember2022-03-310001331875us-gaap:CommercialPortfolioSegmentMemberus-gaap:EstimateOfFairValueFairValueDisclosureMemberfnf:LTVLessThan50PercentMember2022-03-310001331875us-gaap:CommercialPortfolioSegmentMemberfnf:LTV50to60PercentMemberfnf:GreaterThanOnePointTwoFiveMember2022-03-310001331875fnf:GreaterThanOneButLessThanOnePointTwoFiveMemberus-gaap:CommercialPortfolioSegmentMemberfnf:LTV50to60PercentMember2022-03-310001331875us-gaap:CommercialPortfolioSegmentMemberfnf:GreaterThanOnePointZeroZeroMemberfnf:LTV50to60PercentMember2022-03-310001331875us-gaap:CommercialPortfolioSegmentMemberfnf:LTV50to60PercentMember2022-03-310001331875us-gaap:CommercialPortfolioSegmentMemberus-gaap:EstimateOfFairValueFairValueDisclosureMemberfnf:LTV50to60PercentMember2022-03-310001331875us-gaap:CommercialPortfolioSegmentMemberfnf:LTV60to75PercentMemberfnf:GreaterThanOnePointTwoFiveMember2022-03-310001331875fnf:GreaterThanOneButLessThanOnePointTwoFiveMemberus-gaap:CommercialPortfolioSegmentMemberfnf:LTV60to75PercentMember2022-03-310001331875us-gaap:CommercialPortfolioSegmentMemberfnf:GreaterThanOnePointZeroZeroMemberfnf:LTV60to75PercentMember2022-03-310001331875us-gaap:CommercialPortfolioSegmentMemberfnf:LTV60to75PercentMember2022-03-310001331875us-gaap:CommercialPortfolioSegmentMemberus-gaap:EstimateOfFairValueFairValueDisclosureMemberfnf:LTV60to75PercentMember2022-03-310001331875fnf:LTV75To85PercentMemberus-gaap:CommercialPortfolioSegmentMemberfnf:GreaterThanOnePointTwoFiveMember2022-03-310001331875fnf:LTV75To85PercentMemberfnf:GreaterThanOneButLessThanOnePointTwoFiveMemberus-gaap:CommercialPortfolioSegmentMember2022-03-310001331875fnf:LTV75To85PercentMemberus-gaap:CommercialPortfolioSegmentMemberfnf:GreaterThanOnePointZeroZeroMember2022-03-310001331875fnf:LTV75To85PercentMemberus-gaap:CommercialPortfolioSegmentMember2022-03-310001331875fnf:LTV75To85PercentMemberus-gaap:CommercialPortfolioSegmentMemberus-gaap:EstimateOfFairValueFairValueDisclosureMember2022-03-310001331875us-gaap:CommercialPortfolioSegmentMemberfnf:GreaterThanOnePointTwoFiveMember2022-03-310001331875fnf:GreaterThanOneButLessThanOnePointTwoFiveMemberus-gaap:CommercialPortfolioSegmentMember2022-03-310001331875us-gaap:CommercialPortfolioSegmentMemberfnf:GreaterThanOnePointZeroZeroMember2022-03-310001331875us-gaap:CommercialPortfolioSegmentMemberus-gaap:EstimateOfFairValueFairValueDisclosureMember2022-03-310001331875us-gaap:CommercialPortfolioSegmentMemberfnf:LTVLessThan50PercentMemberfnf:GreaterThanOnePointTwoFiveMember2021-12-310001331875fnf:GreaterThanOneButLessThanOnePointTwoFiveMemberus-gaap:CommercialPortfolioSegmentMemberfnf:LTVLessThan50PercentMember2021-12-310001331875us-gaap:CommercialPortfolioSegmentMemberfnf:GreaterThanOnePointZeroZeroMemberfnf:LTVLessThan50PercentMember2021-12-310001331875us-gaap:CommercialPortfolioSegmentMemberfnf:LTVLessThan50PercentMember2021-12-310001331875us-gaap:CommercialPortfolioSegmentMemberus-gaap:EstimateOfFairValueFairValueDisclosureMemberfnf:LTVLessThan50PercentMember2021-12-310001331875us-gaap:CommercialPortfolioSegmentMemberfnf:LTV50to60PercentMemberfnf:GreaterThanOnePointTwoFiveMember2021-12-310001331875fnf:GreaterThanOneButLessThanOnePointTwoFiveMemberus-gaap:CommercialPortfolioSegmentMemberfnf:LTV50to60PercentMember2021-12-310001331875us-gaap:CommercialPortfolioSegmentMemberfnf:GreaterThanOnePointZeroZeroMemberfnf:LTV50to60PercentMember2021-12-310001331875us-gaap:CommercialPortfolioSegmentMemberfnf:LTV50to60PercentMember2021-12-310001331875us-gaap:CommercialPortfolioSegmentMemberus-gaap:EstimateOfFairValueFairValueDisclosureMemberfnf:LTV50to60PercentMember2021-12-310001331875us-gaap:CommercialPortfolioSegmentMemberfnf:LTV60to75PercentMemberfnf:GreaterThanOnePointTwoFiveMember2021-12-310001331875fnf:GreaterThanOneButLessThanOnePointTwoFiveMemberus-gaap:CommercialPortfolioSegmentMemberfnf:LTV60to75PercentMember2021-12-310001331875us-gaap:CommercialPortfolioSegmentMemberfnf:GreaterThanOnePointZeroZeroMemberfnf:LTV60to75PercentMember2021-12-310001331875us-gaap:CommercialPortfolioSegmentMemberfnf:LTV60to75PercentMember2021-12-310001331875us-gaap:CommercialPortfolioSegmentMemberus-gaap:EstimateOfFairValueFairValueDisclosureMemberfnf:LTV60to75PercentMember2021-12-310001331875us-gaap:CommercialPortfolioSegmentMemberfnf:GreaterThanOnePointTwoFiveMember2021-12-310001331875fnf:GreaterThanOneButLessThanOnePointTwoFiveMemberus-gaap:CommercialPortfolioSegmentMember2021-12-310001331875us-gaap:CommercialPortfolioSegmentMemberfnf:GreaterThanOnePointZeroZeroMember2021-12-310001331875us-gaap:CommercialPortfolioSegmentMemberus-gaap:EstimateOfFairValueFairValueDisclosureMember2021-12-310001331875us-gaap:ResidentialMortgageMember2022-03-310001331875country:US2022-01-012022-03-310001331875stpr:FLus-gaap:ResidentialPortfolioSegmentMember2022-03-310001331875stpr:TXus-gaap:ResidentialPortfolioSegmentMember2022-03-310001331875stpr:NJus-gaap:ResidentialPortfolioSegmentMember2022-03-310001331875us-gaap:ResidentialPortfolioSegmentMemberstpr:CA2022-03-310001331875us-gaap:ResidentialPortfolioSegmentMemberstpr:PA2022-03-310001331875us-gaap:ResidentialPortfolioSegmentMemberstpr:NY2022-03-310001331875stpr:GAus-gaap:ResidentialPortfolioSegmentMember2022-03-310001331875us-gaap:ResidentialPortfolioSegmentMemberfnf:AllOtherStatesMember2022-03-310001331875fnf:TotalMortgageLoansMember2022-03-310001331875us-gaap:ResidentialPortfolioSegmentMember2022-03-310001331875stpr:FLus-gaap:ResidentialPortfolioSegmentMember2021-12-310001331875stpr:TXus-gaap:ResidentialPortfolioSegmentMember2021-12-310001331875stpr:NJus-gaap:ResidentialPortfolioSegmentMember2021-12-310001331875us-gaap:ResidentialPortfolioSegmentMemberfnf:AllOtherStatesMember2021-12-310001331875fnf:TotalMortgageLoansMember2021-12-310001331875us-gaap:ResidentialPortfolioSegmentMember2021-12-310001331875us-gaap:ResidentialPortfolioSegmentMemberus-gaap:PerformingFinancingReceivableMember2022-03-310001331875us-gaap:ResidentialPortfolioSegmentMemberus-gaap:PerformingFinancingReceivableMember2021-12-310001331875us-gaap:ResidentialPortfolioSegmentMemberus-gaap:NonperformingFinancingReceivableMember2022-03-310001331875us-gaap:ResidentialPortfolioSegmentMemberus-gaap:NonperformingFinancingReceivableMember2021-12-310001331875us-gaap:ResidentialPortfolioSegmentMemberus-gaap:FinancingReceivables1To29DaysPastDueMember2022-03-310001331875fnf:FinancialAsset30To89DaysPastDueMemberus-gaap:ResidentialPortfolioSegmentMember2022-03-310001331875us-gaap:ResidentialPortfolioSegmentMemberus-gaap:FinancingReceivablesEqualToGreaterThan90DaysPastDueMember2022-03-310001331875us-gaap:CommercialPortfolioSegmentMemberus-gaap:FinancingReceivables1To29DaysPastDueMember2022-03-310001331875fnf:FinancialAsset30To89DaysPastDueMemberus-gaap:CommercialPortfolioSegmentMember2022-03-310001331875us-gaap:CommercialPortfolioSegmentMemberus-gaap:FinancingReceivablesEqualToGreaterThan90DaysPastDueMember2022-03-310001331875us-gaap:ResidentialPortfolioSegmentMemberus-gaap:FinancingReceivables1To29DaysPastDueMember2021-12-310001331875fnf:FinancialAsset30To89DaysPastDueMemberus-gaap:ResidentialPortfolioSegmentMember2021-12-310001331875us-gaap:ResidentialPortfolioSegmentMemberus-gaap:FinancingReceivablesEqualToGreaterThan90DaysPastDueMember2021-12-310001331875us-gaap:CommercialPortfolioSegmentMemberus-gaap:FinancingReceivables1To29DaysPastDueMember2021-12-310001331875fnf:FinancialAsset30To89DaysPastDueMemberus-gaap:CommercialPortfolioSegmentMember2021-12-310001331875us-gaap:CommercialPortfolioSegmentMemberus-gaap:FinancingReceivablesEqualToGreaterThan90DaysPastDueMember2021-12-310001331875fnf:LessThanOnePointZeroZeroMemberus-gaap:CommercialPortfolioSegmentMember2022-03-310001331875fnf:LessThanOnePointZeroZeroMemberus-gaap:CommercialPortfolioSegmentMember2021-12-310001331875us-gaap:ResidentialPortfolioSegmentMember2022-01-012022-03-310001331875us-gaap:CommercialPortfolioSegmentMember2022-01-012022-03-310001331875us-gaap:ResidentialPortfolioSegmentMember2020-12-310001331875us-gaap:CommercialPortfolioSegmentMember2020-12-310001331875us-gaap:ResidentialPortfolioSegmentMember2021-01-012021-03-310001331875us-gaap:CommercialPortfolioSegmentMember2021-01-012021-03-310001331875us-gaap:ResidentialPortfolioSegmentMember2021-03-310001331875us-gaap:CommercialPortfolioSegmentMember2021-03-310001331875us-gaap:DebtSecuritiesMember2022-01-012022-03-310001331875us-gaap:DebtSecuritiesMember2021-01-012021-03-310001331875us-gaap:EquitySecuritiesMember2022-01-012022-03-310001331875us-gaap:EquitySecuritiesMember2021-01-012021-03-310001331875us-gaap:PreferredStockMember2022-01-012022-03-310001331875us-gaap:PreferredStockMember2021-01-012021-03-310001331875fnf:MortgageLoansMember2022-01-012022-03-310001331875fnf:MortgageLoansMember2021-01-012021-03-310001331875fnf:InvestedCashAndShortTermInvestmentsMember2022-01-012022-03-310001331875fnf:InvestedCashAndShortTermInvestmentsMember2021-01-012021-03-310001331875fnf:LimitedPartnershipMember2022-01-012022-03-310001331875fnf:LimitedPartnershipMember2021-01-012021-03-310001331875fnf:TaxDeferredPropertyExchangeMember2022-01-012022-03-310001331875fnf:TaxDeferredPropertyExchangeMember2021-01-012021-03-310001331875us-gaap:OtherInvestmentsMember2022-01-012022-03-310001331875us-gaap:OtherInvestmentsMember2021-01-012021-03-310001331875us-gaap:FixedMaturitiesMember2022-01-012022-03-310001331875us-gaap:FixedMaturitiesMember2021-01-012021-03-310001331875fnf:LimitedPartnershipsMember2022-03-310001331875fnf:LimitedPartnershipsMember2021-12-310001331875fnf:FixedMaturitySecuritiesMember2022-03-310001331875fnf:FixedMaturitySecuritiesMember2021-12-310001331875fnf:CannaeHoldingsInc.Memberus-gaap:CommonStockMember2022-03-310001331875fnf:CannaeHoldingsInc.Memberus-gaap:CommonStockMember2021-12-310001331875fnf:CannaeHoldingsInc.Memberus-gaap:CommonStockMember2022-01-012022-03-310001331875us-gaap:CallOptionMemberfnf:DerivativeInstrumentsMember2022-03-310001331875us-gaap:CallOptionMemberfnf:DerivativeInstrumentsMember2021-12-310001331875us-gaap:EmbeddedDerivativeFinancialInstrumentsMemberus-gaap:OtherLongTermInvestmentsMember2022-03-310001331875us-gaap:EmbeddedDerivativeFinancialInstrumentsMemberus-gaap:OtherLongTermInvestmentsMember2021-12-310001331875us-gaap:EmbeddedDerivativeFinancialInstrumentsMemberus-gaap:PrepaidExpensesAndOtherCurrentAssetsMember2022-03-310001331875us-gaap:EmbeddedDerivativeFinancialInstrumentsMemberus-gaap:PrepaidExpensesAndOtherCurrentAssetsMember2021-12-310001331875us-gaap:ContractHolderFundsMemberfnf:FixedAnnuityIULEmbeddedDerivativesLiabilitiesInContractHolderFundsMember2022-03-310001331875us-gaap:ContractHolderFundsMemberfnf:FixedAnnuityIULEmbeddedDerivativesLiabilitiesInContractHolderFundsMember2021-12-310001331875us-gaap:AccountsPayableAndAccruedLiabilitiesMemberfnf:EmbeddedDerivativesLiabilitiesInReinsuranceContractsMember2022-03-310001331875us-gaap:AccountsPayableAndAccruedLiabilitiesMemberfnf:EmbeddedDerivativesLiabilitiesInReinsuranceContractsMember2021-12-310001331875us-gaap:CallOptionMemberfnf:NetRealizedInvestmentGainsMember2022-01-012022-03-310001331875us-gaap:CallOptionMemberfnf:NetRealizedInvestmentGainsMember2021-01-012021-03-310001331875fnf:NetRealizedInvestmentGainsMemberus-gaap:FutureMember2022-01-012022-03-310001331875fnf:NetRealizedInvestmentGainsMemberus-gaap:FutureMember2021-01-012021-03-310001331875fnf:NetRealizedInvestmentGainsMemberus-gaap:ForeignExchangeForwardMember2022-01-012022-03-310001331875fnf:NetRealizedInvestmentGainsMemberus-gaap:ForeignExchangeForwardMember2021-01-012021-03-310001331875fnf:NetRealizedInvestmentGainsMemberus-gaap:EmbeddedDerivativeFinancialInstrumentsMember2022-01-012022-03-310001331875fnf:NetRealizedInvestmentGainsMemberus-gaap:EmbeddedDerivativeFinancialInstrumentsMember2021-01-012021-03-310001331875fnf:NetRealizedInvestmentGainsMemberfnf:EmbeddedDerivativesLiabilitiesInReinsuranceContractsMember2022-01-012022-03-310001331875fnf:NetRealizedInvestmentGainsMemberfnf:EmbeddedDerivativesLiabilitiesInReinsuranceContractsMember2021-01-012021-03-310001331875fnf:NetRealizedInvestmentGainsMember2022-01-012022-03-310001331875fnf:NetRealizedInvestmentGainsMember2021-01-012021-03-310001331875fnf:FixedAnnuityIULEmbeddedDerivativesMember2022-01-012022-03-310001331875fnf:FixedAnnuityIULEmbeddedDerivativesMember2021-01-012021-03-310001331875us-gaap:EmbeddedDerivativeFinancialInstrumentsMember2022-01-012022-03-310001331875us-gaap:CallOptionMemberfnf:MerrillLynchMemberus-gaap:NondesignatedMember2022-03-310001331875us-gaap:CallOptionMemberfnf:MorganStanleyMemberus-gaap:NondesignatedMember2022-03-310001331875us-gaap:CallOptionMemberfnf:BarclaysBankMemberus-gaap:NondesignatedMember2022-03-310001331875us-gaap:CallOptionMemberfnf:CanadianImperialBankofCommerceMemberus-gaap:NondesignatedMember2022-03-310001331875us-gaap:CallOptionMemberfnf:WellsFargoMemberus-gaap:NondesignatedMember2022-03-310001331875us-gaap:CallOptionMemberfnf:GoldmanSachsMemberus-gaap:NondesignatedMember2022-03-310001331875us-gaap:CallOptionMemberfnf:CreditSuisseMemberus-gaap:NondesignatedMember2022-03-310001331875us-gaap:CallOptionMemberfnf:TruistMemberus-gaap:NondesignatedMember2022-03-310001331875us-gaap:CallOptionMemberus-gaap:NondesignatedMember2022-03-310001331875us-gaap:CallOptionMemberfnf:MerrillLynchMemberus-gaap:NondesignatedMember2021-12-310001331875us-gaap:CallOptionMemberfnf:MorganStanleyMemberus-gaap:NondesignatedMember2021-12-310001331875us-gaap:CallOptionMemberfnf:BarclaysBankMemberus-gaap:NondesignatedMember2021-12-310001331875us-gaap:CallOptionMemberfnf:CanadianImperialBankofCommerceMemberus-gaap:NondesignatedMember2021-12-310001331875us-gaap:CallOptionMemberfnf:WellsFargoMemberus-gaap:NondesignatedMember2021-12-310001331875us-gaap:CallOptionMemberfnf:GoldmanSachsMemberus-gaap:NondesignatedMember2021-12-310001331875us-gaap:CallOptionMemberfnf:CreditSuisseMemberus-gaap:NondesignatedMember2021-12-310001331875us-gaap:CallOptionMemberfnf:TruistMemberus-gaap:NondesignatedMember2021-12-310001331875us-gaap:CallOptionMemberus-gaap:NondesignatedMember2021-12-310001331875us-gaap:CallOptionMemberfnf:DerivativesForTradingAndInvestmentMemberus-gaap:NondesignatedMember2022-03-310001331875us-gaap:CallOptionMemberfnf:DerivativesForTradingAndInvestmentMemberus-gaap:NondesignatedMember2021-12-310001331875us-gaap:CallOptionMemberus-gaap:CashAndCashEquivalentsMemberus-gaap:NondesignatedMember2022-03-310001331875us-gaap:CallOptionMemberus-gaap:CashAndCashEquivalentsMemberus-gaap:NondesignatedMember2021-12-310001331875us-gaap:FutureMember2022-03-31fnf:contract0001331875us-gaap:FutureMember2021-12-310001331875fnf:MatterOfFGLHoldingsMember2020-08-042020-08-04fnf:lawsuit00013318752020-08-04fnf:director0001331875fnf:MatterOfFGLHoldingsMember2020-08-172020-08-170001331875us-gaap:EquityMethodInvestmentsMemberfnf:CommitmenttoInvestMember2022-03-310001331875fnf:CommitmenttoInvestMemberfnf:WholeLoansMember2022-03-310001331875fnf:CommitmenttoInvestMemberfnf:FixedMaturitySecuritiesAssetBackedSecuritiesMember2022-03-310001331875fnf:FixedMaturitiesAvailableForSaleMemberfnf:CommitmenttoInvestMember2022-03-310001331875fnf:CommercialMortgageLoansMemberfnf:CommitmenttoInvestMember2022-03-310001331875fnf:OtherAssetCommitmentsMemberfnf:CommitmenttoInvestMember2022-03-310001331875fnf:CommitmenttoInvestMemberfnf:OtherInvestedAssetsMember2022-03-310001331875fnf:CommitmenttoInvestMember2022-03-310001331875us-gaap:SubsequentEventMember2022-05-102022-05-100001331875fnf:TitleSegmentMemberus-gaap:OperatingSegmentsMember2022-01-012022-03-310001331875fnf:FGSegmentMemberus-gaap:OperatingSegmentsMember2022-01-012022-03-310001331875us-gaap:CorporateAndOtherMember2022-01-012022-03-310001331875fnf:TitleSegmentMemberus-gaap:OperatingSegmentsMember2022-03-310001331875fnf:FGSegmentMemberus-gaap:OperatingSegmentsMember2022-03-310001331875us-gaap:CorporateAndOtherMember2022-03-310001331875fnf:TitleSegmentMemberus-gaap:OperatingSegmentsMember2021-01-012021-03-310001331875fnf:FGSegmentMemberus-gaap:OperatingSegmentsMember2021-01-012021-03-310001331875us-gaap:CorporateAndOtherMember2021-01-012021-03-310001331875fnf:TitleSegmentMemberus-gaap:OperatingSegmentsMember2021-03-310001331875fnf:FGSegmentMemberus-gaap:OperatingSegmentsMember2021-03-310001331875us-gaap:CorporateAndOtherMember2021-03-310001331875fnf:InsuranceContractsDirectTitleInsurancePremiumsMemberfnf:TitleSegmentMember2022-01-012022-03-310001331875fnf:InsuranceContractsDirectTitleInsurancePremiumsMemberfnf:TitleSegmentMember2021-01-012021-03-310001331875fnf:InsuranceContractsAgencyTitleInsurancePremiumsMemberfnf:TitleSegmentMember2022-01-012022-03-310001331875fnf:InsuranceContractsAgencyTitleInsurancePremiumsMemberfnf:TitleSegmentMember2021-01-012021-03-310001331875fnf:LifeInsurancePremiumsInsuranceAndInvestmentProductFeesOtherMemberfnf:FGSegmentMember2022-01-012022-03-310001331875fnf:LifeInsurancePremiumsInsuranceAndInvestmentProductFeesOtherMemberfnf:FGSegmentMember2021-01-012021-03-310001331875fnf:TitleSegmentMemberfnf:InsuranceContractsHomeWarrantyMember2022-01-012022-03-310001331875fnf:TitleSegmentMemberfnf:InsuranceContractsHomeWarrantyMember2021-01-012021-03-310001331875fnf:TitleSegmentMemberfnf:InsuranceContractsMember2022-01-012022-03-310001331875fnf:TitleSegmentMemberfnf:InsuranceContractsMember2021-01-012021-03-310001331875fnf:TitleSegmentMemberfnf:EscrowFeesMember2022-01-012022-03-310001331875fnf:TitleSegmentMemberfnf:EscrowFeesMember2021-01-012021-03-310001331875fnf:TitleSegmentMemberfnf:OtherTitleRelatedFeesAndIncomeMember2022-01-012022-03-310001331875fnf:TitleSegmentMemberfnf:OtherTitleRelatedFeesAndIncomeMember2021-01-012021-03-310001331875fnf:ServiceLinkExcludingTitlePremiumsEscrowFeesAndSubservicingFeesMemberfnf:TitleSegmentMember2022-01-012022-03-310001331875fnf:ServiceLinkExcludingTitlePremiumsEscrowFeesAndSubservicingFeesMemberfnf:TitleSegmentMember2021-01-012021-03-310001331875fnf:RealEstateTechnologyMemberfnf:CorporateAndReconcilingItemsMember2022-01-012022-03-310001331875fnf:RealEstateTechnologyMemberfnf:CorporateAndReconcilingItemsMember2021-01-012021-03-310001331875fnf:OtherProductsAndServicesMemberfnf:CorporateAndReconcilingItemsMember2022-01-012022-03-310001331875fnf:OtherProductsAndServicesMemberfnf:CorporateAndReconcilingItemsMember2021-01-012021-03-310001331875fnf:VobaMember2021-12-310001331875fnf:DacMember2021-12-310001331875fnf:DSIMember2021-12-310001331875fnf:VobaMember2022-01-012022-03-310001331875fnf:DacMember2022-01-012022-03-310001331875fnf:DSIMember2022-01-012022-03-310001331875fnf:VobaMember2022-03-310001331875fnf:DacMember2022-03-310001331875fnf:DSIMember2022-03-310001331875fnf:VobaMember2020-12-310001331875fnf:DacMember2020-12-310001331875fnf:DSIMember2020-12-310001331875fnf:VobaMember2021-01-012021-03-310001331875fnf:DacMember2021-01-012021-03-310001331875fnf:DSIMember2021-01-012021-03-310001331875fnf:VobaMember2021-03-310001331875fnf:DacMember2021-03-310001331875fnf:DSIMember2021-03-310001331875srt:MinimumMemberfnf:VobaMember2022-01-012022-03-310001331875fnf:VobaMembersrt:MaximumMember2022-01-012022-03-310001331875us-gaap:LifeInsuranceSegmentMember2022-01-012022-03-310001331875us-gaap:LifeInsuranceSegmentMember2020-01-012020-03-31fnf:policy00013318752021-01-152021-01-150001331875fnf:FixedIndexAnnuityMemberfnf:HannoverReMember2021-01-012021-03-310001331875fnf:FixedIndexAnnuityMemberfnf:HannoverReMember2022-01-012022-03-310001331875fnf:FixedIndexAnnuityMemberfnf:KuberaReassuranceCompanyMember2021-01-012021-09-300001331875fnf:FixedIndexAnnuityMemberfnf:KuberaReassuranceCompanyMember2021-10-312021-10-310001331875fnf:FixedIndexAnnuityMemberfnf:KuberaReassuranceCompanyMember2022-01-012022-03-310001331875fnf:FixedIndexAnnuityMemberfnf:KuberaReassuranceCompanyMember2021-01-012021-03-310001331875fnf:CanadaLifeAssuranceCompanyUSMember2022-01-012022-03-310001331875fnf:CanadaLifeAssuranceCompanyUSMember2021-01-012021-03-310001331875fnf:WiltonReassuranceCompanyMember2022-01-012022-03-310001331875fnf:AspidaReMember2022-01-012022-03-310001331875fnf:SomersetMember2022-01-012022-03-31
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Form 10-Q
(Mark One)
QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934
For the quarterly period ended March 31, 2022
OR
TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934
Commission File Number: 001-32630
fnf-20220331_g1.jpg
FIDELITY NATIONAL FINANCIAL, INC.
(Exact name of registrant as specified in its charter)
Delaware16-1725106
(State or other jurisdiction of
incorporation or organization)
(I.R.S. Employer
Identification No.)
601 Riverside Avenue
Jacksonville, Florida, 32204
(Address of principal executive offices, including zip code)

(904) 854-8100
(Registrant’s telephone number, including area code)

Securities registered pursuant to Section 12(b) of the Act:
Title of Each ClassTrading Symbol Name of Each Exchange on Which Registered
FNF Common Stock, $0.0001 par valueFNFNew York Stock Exchange
Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days. Yes     or    No
Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405 of Regulation S-T (§ 232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit such files).   Yes  or No¨
Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reporting company, or an emerging growth company. See the definitions of "large accelerated filer," "accelerated filer," "smaller reporting company," and “emerging growth company” in Rule 12b-2 of the Exchange Act.





Large Accelerated FilerAccelerated Filer
Non-accelerated Filer
Smaller reporting Company
Emerging growth company
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.
Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act). Yes     or    No  
The number of shares outstanding of the Registrant's common stock as of April 30, 2022 were:    
FNF Common Stock    280,703,586




FORM 10-Q
QUARTERLY REPORT
Quarter Ended March 31, 2022
TABLE OF CONTENTS

 
1

PART I: FINANCIAL INFORMATION
Item 1. Condensed Consolidated Financial Statements
2


FIDELITY NATIONAL FINANCIAL, INC. AND SUBSIDIARIES
CONDENSED CONSOLIDATED BALANCE SHEETS
(Dollars in millions, except share data)

 March 31,
2022
December 31,
2021
(Unaudited)
ASSETS
Investments:
Fixed maturity securities available for sale, at fair value, at March 31, 2022 and December 31, 2021, at an amortized cost of $32,508 and $30,705, respectively, net of allowance for credit losses of $11 and $8, respectively, and includes pledged fixed maturity securities of $450 and $460, respectively, related to secured trust deposits
$31,478 $31,990 
Preferred securities, at fair value1,283 1,401 
Equity securities, at fair value1,061 1,263 
Derivative investments487 816 
Mortgage loans, net of allowance for credit losses of $32 and $31 at March 31, 2022 and December 31, 2021, respectively
4,217 3,749 
Investments in unconsolidated affiliates2,849 2,486 
Other long-term investments606 579 
Short-term investments, at March 31, 2022 and December 31, 2021 includes pledged short-term investments of $1 related to secured trust deposits
1,746 491 
Total investments43,727 42,775 
Cash and cash equivalents, at March 31, 2022 and December 31, 2021 includes $521 and $480, respectively, of pledged cash related to secured trust deposits
2,793 4,360 
Trade and notes receivables, net of allowance of $32 at March 31, 2022 and December 31, 2021
529 557 
Reinsurance recoverable, net of allowance for credit losses of $20 at March 31, 2022 and December 31, 2021
3,918 3,738 
Goodwill4,539 4,539 
Prepaid expenses and other assets1,357 1,203 
Lease assets373 376 
Other intangible assets, net3,034 2,557 
Title plants400 400 
Property and equipment, net187 185 
Total assets$60,857 $60,690 
LIABILITIES AND EQUITY
Liabilities:  
Contractholder funds$36,237 $35,525 
Future policy benefits5,217 4,732 
Accounts payable and accrued liabilities2,769 2,696 
Notes payable3,095 3,096 
Reserve for title claim losses1,912 1,883 
Funds withheld for reinsurance liabilities1,852 1,676 
Secured trust deposits970 934 
Lease liabilities410 414 
Income taxes payable179 72 
Deferred tax liability98 205 
Total liabilities52,739 51,233 
Equity:  
FNF common stock, $0.0001 par value; authorized 600,000,000 shares as of March 31, 2022 and December 31, 2021; outstanding of 281,117,483 and 283,778,574 as of March 31, 2022 and December 31, 2021, respectively, and issued of 325,573,748 and 325,486,429 as of March 31, 2022 and December 31, 2021, respectively
  
Preferred stock, $0.0001 par value; authorized 50,000,000 shares; issued and outstanding, none
  
Additional paid-in capital5,826 5,811 
Retained earnings4,642 4,369 
Accumulated other comprehensive (loss) earnings(712)779 
Less: Treasury stock, 44,456,265 shares and 41,707,855 shares as of March 31, 2022 and December 31, 2021, respectively, at cost
(1,679)(1,545)
Total Fidelity National Financial, Inc. shareholders’ equity8,077 9,414 
Non-controlling interests41 43 
Total equity8,118 9,457 
Total liabilities and equity$60,857 $60,690 
See Notes to Condensed Consolidated Financial Statements
3


FIDELITY NATIONAL FINANCIAL, INC. AND SUBSIDIARIES
CONDENSED CONSOLIDATED STATEMENTS OF EARNINGS
(Dollars in millions, except per share data)

Three months ended March 31,
 20222021
(Unaudited)
Revenues:  
Direct title insurance premiums$767 $746 
Agency title insurance premiums1,099 1,058 
Escrow, title-related and other fees1,290 851 
Interest and investment income478 402 
Recognized gains and losses, net(469)43 
Total revenues3,165 3,100 
Expenses:  
Personnel costs823 812 
Agent commissions844 807 
Other operating expenses442 458 
Benefits and other changes in policy reserves208 (26)
Depreciation and amortization182 183 
Provision for title claim losses84 81 
Interest expense30 28 
Total expenses2,613 2,343 
Earnings from continuing operations before income taxes and equity in earnings of unconsolidated affiliates552 757 
Income tax expense155 166 
Earnings before equity in earnings of unconsolidated affiliates397 591 
Equity in earnings of unconsolidated affiliates2 13 
Net earnings from continuing operations399 604 
Net earnings from discontinued operations, net of tax 5 
Net earnings399 609 
Less: Net earnings attributable to non-controlling interests2 4 
Net earnings attributable to Fidelity National Financial, Inc. common shareholders$397 $605 
Earnings per share
Basic
Net earnings per share from continuing operations attributable to common shareholders$1.41 $2.07 
Net earnings per share from discontinued operations attributable to common shareholders 0.02 
Net earnings per share attributable to common shareholders, basic$1.41 $2.09 
Diluted
Net earnings per share from continuing operations attributable to common shareholders$1.40 $2.06 
Net earnings per share from discontinued operations attributable to common shareholders 0.02 
Net earnings per share attributable to common shareholders, diluted$1.40 $2.08 
Weighted average common shares outstanding - basic 281 289 
Weighted average common shares outstanding - diluted 283 291 
See Notes to Condensed Consolidated Financial Statements
4

FIDELITY NATIONAL FINANCIAL, INC. AND SUBSIDIARIES
CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE EARNINGS
(In millions)
Three months ended March 31,
 
 20222021
 (Unaudited)
Net earnings$399 $609 
Other comprehensive (loss) earnings: 
Unrealized loss on investments and other financial instruments, net of adjustments to intangible assets and unearned revenue (excluding investments in unconsolidated affiliates) (1)(1,528)(545)
Unrealized gain on investments in unconsolidated affiliates (2)6 9 
Unrealized loss on foreign currency translation (3)(2)(2)
Reclassification adjustments for change in unrealized gains and losses included in net earnings (4)33 (46)
Other comprehensive loss(1,491)(584)
Comprehensive (loss) earnings(1,092)25 
Less: Comprehensive earnings attributable to non-controlling interests2 4 
Comprehensive (loss) earnings attributable to Fidelity National Financial, Inc. common shareholders$(1,094)$21 
_______________________________________
 
(1)Net of income tax benefit of $291 million and $146 million for the three months ended March 31, 2022 and 2021, respectively.
(2)Net of income tax expense of $2 million and $3 million for the three months ended March 31, 2022 and 2021, respectively.
(3)Net of income tax benefit of less than $1 million for the three months ended March 31, 2022 and 2021.
(4)Net of income tax (benefit) expense of $(9) million and $12 million for the three months ended March 31, 2022 and 2021, respectively.
See Notes to Condensed Consolidated Financial Statements






5



FIDELITY NATIONAL FINANCIAL, INC. AND SUBSIDIARIES
CONDENSED CONSOLIDATED STATEMENTS OF EQUITY
(In millions, except per share data)
(Unaudited)
 Fidelity National Financial, Inc. Common Shareholders  
Accumulated
 FNF  Other  
 CommonAdditionalComprehensiveTreasuryNon- 
 StockPaid-inRetainedEarningsStockcontrollingTotal
 Shares$CapitalEarnings(Loss)Shares$InterestsEquity
Balance, January 1, 2021322 $ $5,720 $2,394 $1,304 31 $(1,067)$41 $8,392 
Exercise of stock options1 — 21 — — — — — 21 
Treasury stock repurchased— — — — — 3 (112)— (112)
Other comprehensive loss - unrealized loss on investments and other financial instruments— — — — (545)— — — (545)
Other comprehensive earnings - unrealized gain on investments in unconsolidated affiliates— — — — 9 — — — 9 
Other comprehensive loss - unrealized loss on foreign currency translation— — — — (2)— — — (2)
Reclassification adjustments for change in unrealized gains and losses included in net earnings— — — — (46)— — — (46)
Stock-based compensation— — 11 — — — — — 11 
Dividends declared, $0.36 per common share
— — — (106)— — — — (106)
Subsidiary dividends declared to non-controlling interests— — — — — — — (5)(5)
Net earnings— — — 605 — — — 4 609 
Balance, March 31, 2021323 $ $5,752 $2,893 $720 34 $(1,179)$40 $8,226 
Balance, January 1, 2022325 $ $5,811 $4,369 $779 42 $(1,545)$43 $9,457 
Exercise of stock options1 — 2 — — — — — 2 
Treasury stock repurchased— — — — — 3 (134)— (134)
Other comprehensive loss - unrealized loss on investments and other financial instruments— — — — (1,528)— — — (1,528)
Other comprehensive earnings - unrealized gain on investments in unconsolidated affiliates— — — — 6 — — — 6 
Other comprehensive loss - unrealized loss on foreign currency translation— — — — (2)— — — (2)
Reclassification adjustments for change in unrealized gains and losses included in net earnings— — — — 33 — — — 33 
Stock-based compensation— — 13 — — — — — 13 
Dividends declared, $0.44 per common share
— — — (124)— — — — (124)
Subsidiary dividends declared to non-controlling interests— — — — — — — (4)(4)
Net earnings— — — 397 — — — 2 399 
Balance, March 31, 2022326 $ $5,826 $4,642 $(712)45 $(1,679)$41 $8,118 
See Notes to Condensed Consolidated Financial Statements


6

FIDELITY NATIONAL FINANCIAL, INC. AND SUBSIDIARIES
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS
(In millions)
 For the three months ended March 31,
 
 20222021
 (Unaudited)
Cash flows from operating activities: 
Net earnings$399 $609 
Adjustments to reconcile net earnings to net cash provided by operating activities:
            Depreciation and amortization182 183 
            Equity in earnings of unconsolidated affiliates(2)(13)
            Gain on sales of investments and other assets and asset impairments, net(30)(71)
            Change in NAV of limited partnerships, net(112) 
            Interest credited/index credits to contractholder account balances(380)(62)
            Deferred policy acquisition costs and deferred sales inducements(169)(134)