v3.26.1
CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE EARNINGS - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Statement of Comprehensive Income [Abstract]    
Net earnings $ 321 $ 83
Other comprehensive earnings (loss):    
Unrealized (loss) gain on investments and other financial instruments (excluding investments in unconsolidated affiliates) [1] (591) 267
Unrealized gain on investments in unconsolidated affiliates [2] 0 8
Unrealized (loss) gain on foreign currency translation [3] (11) 6
Reclassification adjustments for change in unrealized gains and losses included in net earnings [4] 25 (2)
Changes in current discount rate - future policy benefits [5] 162 (86)
Changes in instrument-specific credit risk - market risk benefits [6] 38 23
Other comprehensive loss attributable to non-controlling interest [7] 105 (30)
Change in F&G outside tax basis 55 0
Other comprehensive earnings (217) 186
Comprehensive earnings 104 269
Less: Comprehensive earnings attributable to non-controlling interests 78 0
Comprehensive earnings attributable to Fidelity National Financial, Inc. common shareholders $ 26 $ 269
[1] Net of income tax (benefit) expense of $(154) million and $63 million for the three months ended March 31, 2026 and 2025, respectively.
[2] Net of income tax expense of $2 million for the three months ended March 31, 2025.
[3] Net of income tax (benefit) expense of $(3) million and $1 million for the three months ended March 31, 2026 and 2025, respectively.
[4] Net of income tax expense of $6 million for the three months ended March 31, 2026.
[5] Net of income tax expense (benefit) of $43 million and $(21) million for the three months ended March 31, 2026 and 2025, respectively.
[6] Net of income tax expense of $10 million and $6 million for the three months ended March 31, 2026 and 2025, respectively.
[7] Net of income tax expense (benefit) of $29 million and $(8) million for the three months ended March 31, 2026 and 2025, respectively.