← Fidelity National Financial, Inc.

Annual Trend FY 2016 FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 TTM
Cash flows from operating activities:
Adjustments to reconcile net income to net cash provided by operating activities:
Net Income (Loss) Attributable to Parent $650.0m
$771.0m +18.62%
$628.0m -18.55%
$1.1b +69.11%
$1.4b +34.37%
$2.4b +69.73%
$1.1b -53.10%
$517.0m -54.49%
$1.3b +145.65%
$602.0m -52.60%
—
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest $692.0m $794.0m $635.0m $1.1b $1.5b $2.4b $1.2b $518.0m $1.4b $679.0m —
Net Income (Loss) Attributable to Noncontrolling Interest $42.0m $23.0m $7.0m $14.0m $25.0m $20.0m $16.0m $1.0m $121.0m $77.0m —
Depreciation, Depletion and Amortization $431.0m $389.0m $182.0m $178.0m $296.0m $645.0m $496.0m $593.0m $739.0m $844.0m $882.0m
Amortization of Intangible Assets $187.0m $130.0m $119.0m $131.0m $138.0m $135.0m $133.0m $152.0m $187.0m $203.0m —
Capitalized Computer Software, Amortization $97.0m — — — — — — — — — —
Deferred Policy Acquisition Costs, Amortization Expense — — — — — — — $186.0m $280.0m $357.0m —
Deferred Policy Acquisition Costs and Present Value of Future Insurance Profits, Amortization — — — — $131.0m $517.0m $353.0m — — — —
Depreciation $117.0m $48.0m $46.0m $42.0m $48.0m $45.0m $59.0m $55.0m $53.0m $53.0m $882.0m
Amortization Of Securities — — — — — — ($814.0m) ($1.1b) ($1.4b) ($1.3b) ($1.2b)
Deferred Income Tax Expense (Benefit) ($20.0m) ($241.0m) $56.0m $40.0m ($57.0m) $57.0m $67.0m ($49.0m) $7.0m $638.0m —
Share-based Payment Arrangement, Noncash Expense $58.0m $44.0m $31.0m $38.0m — — — $60.0m $82.0m $88.0m $93.0m
Payment, Tax Withholding, Share-based Payment Arrangement $9.0m $18.0m $9.0m $15.0m $8.0m $17.0m $15.0m $17.0m $34.0m $27.0m —
Share-based Payment Arrangement, Expense — — — — $39.0m $43.0m $49.0m — — — $93.0m
Gain (Loss) on Sale of Assets and Asset Impairment Charges — — ($7.0m) ($8.0m) — — — — — — —
Goodwill, Impairment Loss $0 $0 $3.0m $0 — — — — — — —
Impairment of Intangible Assets (Excluding Goodwill) — — — $0 $0 $0 $14.0m — — — —
Equity Method Investment, Realized Gain (Loss) on Disposal — $276.0m — — — — — — — — —
Income (Loss) from Equity Method Investments ($8.0m) $10.0m $5.0m $15.0m $15.0m $64.0m $15.0m $17.0m $16.0m $35.0m —
Earnings (Loss)es From Equity Investments — — — — — — ($124.0m) ($237.0m) ($366.0m) ($384.0m) ($441.0m)
Changes in operating assets and liabilities:
Change In Working Capital — — — — — — $3.2b $4.7b $5.3b $5.4b $5.1b
Increase (Decrease) in Accounts Receivable $14.0m $11.0m ($15.0m) $36.0m $83.0m $120.0m ($178.0m) ($37.0m) $43.0m $14.0m ($70.0m)
Change In Receivables — — — — — — $454.0m $115.0m ($56.0m) ($15.0m) ($70.0m)
Changes In Account Receivables — — — — — — $454.0m $115.0m ($56.0m) ($15.0m) ($70.0m)
Liability for Unpaid Claims and Claims Adjustment Expense, Incurred Claims $157.0m $238.0m $221.0m $240.0m — — — — — — —
Net Cash Provided by (Used in) Operating Activities $1.2b
$737.0m -36.57%
$943.0m +27.95%
$1.1b +18.88%
$1.6b +40.77%
$4.1b +159.19%
$4.4b +6.48%
$6.5b +48.75%
$6.8b +5.20%
$5.8b -14.48%
$5.6b -4.55%
Cash flows from investing activities:
Gain (Loss) on Disposition of Property Plant Equipment — $2.0m $5.0m $11.0m — — — — — — ($227.0m)
Capital Expenditure — — — — — — ($138.0m) ($132.0m) ($146.0m) ($147.0m) ($135.0m)
Proceeds from Maturities, Prepayments and Calls of Debt Securities, Available-for-sale $452.0m $626.0m $517.0m $297.0m $3.6b $9.8b $6.3b $5.9b $12.3b $15.0b —
Debt Securities, Available-for-sale, Allowance for Credit Loss, Not Previously Recorded — — — — $7.0m $2.0m — — — — —
Debt Securities, Realized Gain (Loss) — — — — $102.0m $111.0m ($253.0m) ($155.0m) ($9.0m) ($10.0m) —
Unrealized Gain (Loss) on Investments — — — — $568.0m ($253.0m) ($947.0m) $388.0m ($189.0m) $160.0m —
Gain (Loss) on Investments — — ($109.0m) $318.0m $488.0m $334.0m ($1.5b) ($164.0m) $83.0m ($60.0m) $228.0m
Payments to Acquire Businesses, Net of Cash Acquired — $202.0m $0 $0 $1.1b $0 $0 — — — ($1.9b)
Payments for (Proceeds from) Other Investing Activities $7.0m $7.0m $1.0m $8.0m $4.0m $11.0m ($14.0m) ($3.0m) ($28.0m) ($5.0m) —
Net Other Investing Changes — — — — — — ($85.0m) ($16.0m) $7.0m ($11.0m) ($25.0m)
Net Cash Provided by (Used in) Investing Activities ($254.0m) ($95.0m) ($354.0m) ($520.0m) ($2.3b) ($7.4b) ($10.5b) ($9.1b) ($7.9b) ($8.9b) ($5.6b)
Cash flows from financing activities:
Repayments of Long-term Debt $200.0m $996.0m $370.0m $0 $1.0b $0 $404.0m $0 $250.0m — $0
Proceeds from Issuance of Long-term Debt $132.0m $785.0m $442.0m $0 — — — — — — $0
Gain (Loss) on Extinguishment of Debt — ($6.0m) — — — — — — — — —
Issuance Of Debt — — — — — — $550.0m $851.0m $1.1b $385.0m $0
Long Term Debt Issuance — — — — — — $550.0m $851.0m $1.1b $385.0m $0
Long Term Debt Payments — — — — — — ($400.0m) ($185.0m) ($615.0m) ($300.0m) $0
Net Issuance Payments Of Debt — — — — — — $150.0m $666.0m $453.0m $85.0m $0
Net Long Term Debt Issuance — — — — — — $150.0m $666.0m $453.0m $85.0m $231.0m
Repayment Of Debt — — — — — — ($400.0m) ($185.0m) ($615.0m) ($300.0m) $0
Payments for Repurchase of Common Stock $276.0m $23.0m $20.0m $86.0m $236.0m $463.0m $553.0m $6.0m $0 $251.0m —
Payments of Ordinary Dividends, Common Stock $239.0m $278.0m $328.0m $344.0m $389.0m $446.0m $489.0m $500.0m $532.0m $546.0m ($553.0m)
Proceeds from Issuance of Common Stock — — — — $1.2b $449.0m $0 $845.0m $1.1b $117.0m $0
Common Stock Dividend Paid — — — — — — ($489.0m) ($500.0m) ($532.0m) ($546.0m) ($553.0m)
Common Stock Issuance — — — — — — — $0 $0 $117.0m $0
Common Stock Payments — — — — — — ($553.0m) ($24.0m) $0 ($251.0m) ($211.0m)
Issuance Of Capital Stock — — — — — — — $0 $0 $117.0m $0
Net Common Stock Issuance — — — — — — ($553.0m) ($24.0m) $0 ($134.0m) ($211.0m)
Repurchase Of Capital Stock — — — — — — ($553.0m) ($24.0m) $0 ($251.0m) ($211.0m)
Cash Dividends Paid — — — — — — ($489.0m) ($500.0m) ($532.0m) ($546.0m) ($553.0m)
Dividend Received CFO — — — — — — $151.0m $122.0m $127.0m $196.0m $173.0m
Dividends Received CFI — — — — — — $335.0m $423.0m $621.0m $694.0m $857.0m
Proceeds from (Payments for) Other Financing Activities — — ($3.0m) ($10.0m) $0 $0 — — — — —
Net Other Financing Charges — — — — — — $4.9b $2.9b $1.8b $2.9b $1.1b
Net Cash Provided by (Used in) Financing Activities ($588.0m)
($999.0m) -69.90%
($442.0m) +55.76%
($482.0m) -9.05%
$2.1b +534.85%
$5.0b +138.55%
$4.1b -18.10%
$3.1b -24.47%
$1.8b -43.13%
$2.3b +28.65%
$329.0m -85.46%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect — — — $119.0m $1.3b $1.6b ($2.1b) $481.0m $712.0m ($843.0m) $3.6b
Beginning Cash Position — — — — — — $4.4b $2.3b $2.8b $3.5b $3.3b
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents — — — $1.4b $2.7b $4.4b $2.3b $2.8b $3.5b $2.6b $3.6b
Additional Supplementary Disclosures
Additional Supplementary Disclosures
Supplemental disclosure of cash flow information:
Interest Paid, Excluding Capitalized Interest, Operating Activities — — — $44.0m $73.0m $112.0m $125.0m $157.0m $200.0m $229.0m —
Income Taxes Paid, Net $367.0m — $204.0m $251.0m $315.0m $653.0m $387.0m $216.0m $237.0m $250.0m —
Additional Financial Items
Derivative, Gain (Loss) on Derivative, Net — — — — ($53.0m) $34.0m $352.0m ($128.0m) ($32.0m) $112.0m —
Disposal Group, Not Discontinued Operation, Gain (Loss) on Disposal — — $0 — — — — — — — —
Gain (Loss) on Disposition of Intangible Assets ($1.0m) ($1.0m) — — — — — — — — —
Gain (Loss) on Disposition of Business — — — — — — $0 $0 — — —
Gain (Loss) on Sale of Derivatives — — — — $76.0m $456.0m ($164.0m) ($211.0m) $254.0m ($62.0m) —
Goodwill $5.1b $2.7b $2.7b $2.7b $4.5b $4.5b $4.6b $4.8b $5.3b $5.3b —
Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest $692.0m $639.0m $635.0m $1.1b $1.5b $2.4b $1.2b $518.0m $1.4b $679.0m —
Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest $0 $155.0m $0 $0 ($25.0m) $8.0m $0 $0 — — —
Income Tax Expense (Benefit) $372.0m $235.0m $120.0m $308.0m $322.0m $713.0m $398.0m $192.0m $367.0m $753.0m —
Insurance Services Revenue — — $7.5b $7.9b $9.4b $13.3b $11.2b $9.3b — — —
Market Risk Benefit, Change in Fair Value, Gain (Loss) — — — — — — — ($95.0m) $25.0m ($167.0m) —
Operating Lease, Expense — — — $147.0m $150.0m $139.0m $142.0m $136.0m $132.0m $131.0m —
Proceeds from Stock Options Exercised $19.0m $31.0m $19.0m $39.0m $62.0m $48.0m $39.0m $15.0m $21.0m $4.0m —
Financing Receivable, Credit Loss, Expense (Reversal) — — — — $32.0m ($8.0m) $11.0m $27.0m $4.0m $16.0m —
Realized Investment Gains (Losses) — $9.0m $4.0m — — — — — — — —
Unrealized Gain (Loss) on Derivatives — — — — $161.0m $159.0m ($693.0m) $358.0m ($184.0m) $312.0m —
Cash Flow From Continuing Financing Activities — — — — — — $4.1b $3.1b $1.8b $2.3b $329.0m
Cash Flow From Continuing Investing Activities — — — — — — ($10.5b) ($9.1b) ($7.9b) ($8.9b) ($5.6b)
Change In Cash Supplemental As Reported — — — — — — ($2.1b) $481.0m $712.0m ($843.0m) —
Change In Other Working Capital — — — — — — ($319.0m) ($76.0m) ($211.0m) $393.0m $446.0m
Changes In Cash — — — — — — ($2.1b) $481.0m $712.0m ($843.0m) $310.0m
End Cash Position — — — — — — $2.3b $2.8b $3.5b $2.6b $3.6b
Financing Cash Flow — — — — — — $4.1b
$3.1b -24.47%
$1.8b -43.13%
$2.3b +28.65%
$329.0m -85.46%
Free Cash Flow — — — — — — $4.2b $6.3b $6.7b $5.7b $5.4b
Gain Loss On Investment Securities — — — — — — $533.0m $542.0m ($339.0m) $215.0m $228.0m
Gain Loss On Sale Of Business — — — — — $14.0m $0 $0 — — —
Investing Cash Flow — — — — — — ($10.5b) ($9.1b) ($7.9b) ($8.9b) ($5.6b)
Net Business Purchase And Sale — — — — — — ($1.3b) ($1.6b) ($1.7b) ($2.6b) ($2.0b)
Net Investment Purchase And Sale — — — — — — ($9.4b) ($7.8b) ($6.6b) ($6.9b) ($4.3b)
Net PPE Purchase And Sale — — — — — — ($138.0m) ($132.0m) ($146.0m) ($147.0m) ($135.0m)
Operating Gains Losses — — — — — — $409.0m $305.0m ($705.0m) ($169.0m) ($227.0m)
Other Non Cash Items — — — — — — ($415.0m) ($177.0m) ($331.0m) ($168.0m) —
Proceeds From Stock Option Exercised — — — — — — $39.0m $15.0m $21.0m $4.0m $4.0m
Purchase Of Business — — — — — — ($1.1b) ($1.3b) ($1.1b) ($2.5b) ($1.9b)
Purchase Of Investment — — — — — — ($15.7b) ($14.0b) ($18.9b) ($23.2b) ($23.8b)
Purchase Of PPE — — — — — — ($138.0m) ($132.0m) ($146.0m) ($147.0m) ($135.0m)
Sale Of Investment — — — — — — $6.3b $6.2b $12.3b $16.3b $19.5b
Stock Based Compensation — — — — — — $49.0m $60.0m $82.0m $88.0m $93.0m

Amounts are shown in USD as reported in each fiscal year filing.

Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.