Fidelity National Financial Inc
For the period ended Jun 30, 2024. Filed Aug 7, 2024.
View on SEC.govAbout this filing
A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Jun 30, 2024 · Filed Aug 7, 2024
FNF$44.17-1.9%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Condensed Consolidated Statements of Equity (unaudited)
CONDENSED CONSOLIDATED STATEMENTS OF EQUITY
(In millions, except per share data)
| Fidelity National Financial, Inc. Common Shareholders | |||||||||
|---|---|---|---|---|---|---|---|---|---|
| FNF · Accumulated | |||||||||
| Common · Additional · Other · Treasury · Non- | |||||||||
| Stock · Paid-in · Retained · Comprehensive · Stock · controlling · Total | |||||||||
| Shares | $ | Capital | Earnings | Loss | Shares | $ | Interests | Equity | |
| Balance, March 31, 2023 | 328 | $— | $5,871 | $5,044 | $(2,610) | 55 | $(2,113) | $456 | $6,648 |
| Other comprehensive loss - unrealized loss on investments and other financial instruments | — | — | — | — | (175) | — | — | — | (175) |
| Other comprehensive loss - unrealized loss on investments in unconsolidated affiliates | — | — | — | — | (5) | — | — | — | (5) |
| Other comprehensive earnings - unrealized gain on foreign currency translation | — | — | — | — | 4 | — | — | — | 4 |
| Reclassification adjustments for change in unrealized gains and losses included in net earnings | — | — | — | — | 42 | — | — | — | 42 |
| Change in instrument-specific credit risk - market risk benefits | — | — | — | — | (4) | — | — | — | (4) |
| Change in current discount rate - liability for future policy benefits | — | — | — | — | 57 | — | — | — | 57 |
| Stock-based compensation | — | — | 14 | — | — | — | — | — | 14 |
| F&G purchases of FG stock | — | — | (1) | — | — | — | — | (15) | (16) |
| Dividends declared, $0.45 per common share | — | — | — | (123) | — | — | — | — | (123) |
| Other comprehensive earnings associated with noncontrolling interests | — | — | (1) | — | 10 | — | — | (9) | — |
| Subsidiary dividends declared to non-controlling interests | — | — | — | — | — | — | — | (8) | (8) |
| Net earnings | — | — | — | 219 | — | — | — | 24 | 243 |
| Balance, June 30, 2023 | 328 | $— | $5,883 | $5,140 | $(2,681) | 55 | $(2,113) | $448 | $6,677 |
| Balance, March 31, 2024 | 329 | $— | $5,924 | $5,361 | $(2,029) | 56 | $(2,131) | $712 | $7,837 |
| Purchase of incremental share in consolidated subsidiaries | — | — | (8) | — | — | — | — | (6) | (14) |
| Exercise of stock options | — | — | 9 | — | — | — | — | — | 9 |
| Other comprehensive loss - unrealized loss on investments and other financial instruments | — | — | — | — | (163) | — | — | — | (163) |
| Other comprehensive earnings - unrealized gain on investments in unconsolidated affiliates | — | — | — | — | 5 | — | — | — | 5 |
| Other comprehensive loss - unrealized loss on foreign currency translation | — | — | — | — | (3) | — | — | — | (3) |
| Reclassification adjustments for change in unrealized gains and losses included in net earnings | — | — | — | — | (19) | — | — | — | (19) |
| Change in current discount rate — liability for future policy benefits | — | — | — | — | 92 | — | — | — | 92 |
| Change in instrument-specific credit risk - market risk benefits | — | — | — | — | 19 | — | — | — | 19 |
| Other comprehensive earnings associated with noncontrolling interests | — | — | — | — | 11 | — | — | (11) | — |
| Stock-based compensation | — | — | 16 | — | — | — | — | — | 16 |
| Dilution from share issuance by consolidated sub | — | — | 1 | — | — | — | — | — | 1 |
| Dividends declared, $0.48 per common share | — | — | — | (131) | — | — | — | — | (131) |
| Subsidiary dividends declared to non-controlling interests | — | — | — | — | — | — | — | (11) | (11) |
| Net earnings | — | — | — | 306 | — | — | — | 37 | 343 |
| Balance, June 30, 2024 | 329 | $— | $5,942 | $5,536 | $(2,087) | 56 | $(2,131) | $721 | $7,981 |
CONDENSED CONSOLIDATED STATEMENTS OF EQUITY
(In millions, except per share data)
| Fidelity National Financial, Inc. Common Shareholders | ||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| FNF · Accumulated | ||||||||||||||
| Common · Additional · Other · Treasury · Non- | ||||||||||||||
| Stock · Paid-in · Retained · Comprehensive · Stock · controlling · Total | ||||||||||||||
| Shares · $ · Capital · Earnings · (Loss) · Shares · $ · Interests · Equity | ||||||||||||||
| Balance, January 1, 2023 | 328 | $— | $5,870 | $5,225 | $(2,870) | 55 | $(2,109) | $453 | $6,569 | |||||
| Treasury stock repurchased | — | — | — | — | — | — | (4) | — | (4) | |||||
| Purchase of incremental share in consolidated subs | — | — | (12) | — | — | — | — | (8) | (20) | |||||
| Other comprehensive earnings - unrealized gain on investments and other financial instruments | — | — | — | — | 172 | — | — | — | 172 | |||||
| Other comprehensive earnings - unrealized gain on investments in unconsolidated affiliates | — | — | — | — | 6 | — | — | — | 6 | |||||
| Other comprehensive gain - unrealized gain on foreign currency translation | — | — | — | — | 6 | — | — | — | 6 | |||||
| Reclassification adjustments for change in unrealized gains and losses included in net earnings | — | — | — | — | 78 | — | — | — | 78 | |||||
| Change in current discount rate — liability for future policy benefits | — | — | — | — | (43) | — | — | — | (43) | |||||
| Change in instrument-specific credit risk - market risk benefits | — | — | — | — | 3 | — | — | — | 3 | |||||
| Other comprehensive loss associated with noncontrolling interests | — | — | (1) | — | (33) | — | — | 34 | — | |||||
| Stock-based compensation | — | — | 27 | — | — | — | — | 1 | 28 | |||||
| F&G purchases of treasury stock | — | — | (1) | — | — | — | — | (15) | (16) | |||||
| Dividends declared, $0.90 per common share | — | — | — | (245) | — | — | — | — | (245) | |||||
| Subsidiary dividends declared to non-controlling interests | — | — | — | — | — | — | — | (12) | (12) | |||||
| Net earnings | — | — | — | 160 | — | — | — | (5) | 155 | |||||
| Balance, June 30, 2023 | 328 | $— | $5,883 | $5,140 | $(2,681) | 55 | $(2,113) | $448 | $6,677 | |||||
| Balance, January 1, 2024 | 329 | $— | $5,913 | $5,244 | $(2,119) | 56 | $(2,130) | $552 | $7,460 | |||||
| Exercise of stock options | — | — | 10 | — | — | — | — | — | 10 | |||||
| Purchase of incremental share in consolidated subs | — | — | (12) | — | — | — | — | (9) | (21) | |||||
| Other comprehensive loss — unrealized loss on investments and other financial instruments | — | — | — | — | (168) | — | — | — | (168) | |||||
| Other comprehensive earnings — unrealized gain on investments in unconsolidated affiliates | — | — | — | — | 18 | — | — | — | 18 | |||||
| Other comprehensive loss — unrealized loss on foreign currency translation | — | — | — | — | (9) | — | — | — | (9) | |||||
| Reclassification adjustments for change in unrealized gains and losses included in net earnings | — | — | — | — | (6) | — | — | — | (6) | |||||
| Change in current discount rate - liability for future policy benefits | — | — | — | — | 183 | — | — | — | 183 | |||||
| Change in instrument-specific credit risk - market risk benefits | — | — | — | — | 20 | — | — | — | 20 | |||||
| Other comprehensive income (loss) associated with noncontrolling interests | (1) | — | (6) | 7 | — | |||||||||
| Stock-based compensation | — | — | 31 | — | — | — | — | 2 | 33 | |||||
| Dilution from share issuance by consolidated subsidiary | — | — | 1 | — | — | — | — | (1) | — | |||||
| Shares withheld for taxes and in treasury | — | — | — | — | — | — | (1) | (6) | (7) | |||||
| Noncontrolling interest associated with current period acquisitions | — | — | — | — | — | — | — | 136 | 136 | |||||
| Dividends declared, $0.96 per common share | — | — | — | (262) | — | — | — | — | (262) | |||||
| Subsidiary dividends declared to non-controlling interests | — | — | — | — | — | — | — | (18) | (18) | |||||
| Net earnings | — | — | — | 554 | — | — | — | 58 | 612 | |||||
| Balance, June 30, 2024 | 329 | $— | $5,942 | $5,536 | $(2,087) | 56 | $(2,131) | $721 | $7,981 | |||||
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.