FIDELITY NATIONAL FINANCIAL, INC. (FNF) FY2026 Q2 Statement of Cash Flows

Income StatementCash FlowBalance Sheet

Statement of Cash Flows

2026-04-01 to 2026-06-30

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FIDELITY NATIONAL FINANCIAL, INC. cash flow reconciliation, Apr 1, 2026 through Jun 30, 2026One connected Sankey reconciles operating, investing and financing net cash flows through a shared cash pool, from beginning cash to ending cash. Ribbons flow left to right on one dollar scale. Activity totals are dark gray; beginning and ending cash are blue. Cash basis for beginning and ending balances and net cash change: Cash, cash equivalents, and restricted cash. Intermediate calculation bars are lighter gray. Net income is green for profit and red for loss. Identified asset purchases, sales and maturities are blue in either cash direction. Purple identifies capital transactions such as borrowing, repayments, share issuance and dividends. Read chart description and values below for full signed amounts, including zero items.Net earnings → Net cash from operating activities: $276,000,000.00Interest credited/index credits to contractholder account balances → Operating adjustments reconciliation: $858,000,000.00Change in funds withheld from reinsurers → Operating adjustments reconciliation: $837,000,000.00Change in derivative collateral liabilities → Operating adjustments reconciliation: $319,000,000.00Depreciation and amortization → Operating adjustments reconciliation: $219,000,000.00Change in future policy benefits → Operating adjustments reconciliation: $98,000,000.00Net change in other assets and other liabilities → Operating adjustments reconciliation: $60,000,000.00Distributions from unconsolidated affiliates, return on investment → Operating adjustments reconciliation: $48,000,000.00Change in market risk benefits, net → Operating adjustments reconciliation: $32,000,000.00Non-cash lease costs → Operating adjustments reconciliation: $32,000,000.00Stock-based compensation cost → Operating adjustments reconciliation: $23,000,000.00Loss on sales of investments and other assets and asset impairments, net → Operating adjustments reconciliation: $22,000,000.00Net increase (decrease) in reserve for title claim losses → Operating adjustments reconciliation: $11,000,000.00Change in reinsurance recoverable → Operating adjustments reconciliation: $8,000,000.00Operating adjustments reconciliation → Net cash from operating activities: $1,595,000,000.00Operating adjustments reconciliation → Change in valuation of derivatives, equity securities, preferred securities, and other assets, net: $354,000,000.00Operating adjustments reconciliation → Deferred policy acquisition costs and deferred sales inducements: $292,000,000.00Operating adjustments reconciliation → Net increase in trade receivables: $98,000,000.00Operating adjustments reconciliation → Change in NAV of limited partnerships, net: $88,000,000.00Operating adjustments reconciliation → Net change in income taxes: $59,000,000.00Operating adjustments reconciliation → Charges assessed to contractholders for mortality and admin: $46,000,000.00Operating adjustments reconciliation → Operating lease payments: $34,000,000.00Operating adjustments reconciliation → Equity in earnings of unconsolidated affiliates: $1,000,000.00Proceeds from sales, calls and maturities of investment securities → investing reconciliation: $7,496,000,000.00Net proceeds from sales and maturities of short-term investment securities → investing reconciliation: $675,000,000.00Distributions from unconsolidated affiliates, return of investment → investing reconciliation: $221,000,000.00investing reconciliation → Net cash from investing activities: $29,000,000.00investing reconciliation → Purchases of investment securities: $8,007,000,000.00investing reconciliation → Additional investments in unconsolidated affiliates: $268,000,000.00investing reconciliation → Acquisitions and dispositions: $39,000,000.00investing reconciliation → Additions to property and equipment, capitalized software and title plants: $36,000,000.00investing reconciliation → Net other investing activities: $13,000,000.00Net cash used in financing activities → financing reconciliation: $785,000,000.00Contractholder account deposits → financing reconciliation: $1,768,000,000.00Net change in secured trust deposits → financing reconciliation: $214,000,000.00financing reconciliation → Contractholder account withdrawals: $2,447,000,000.00financing reconciliation → Dividends paid: $138,000,000.00financing reconciliation → Subsidiary repurchases of own equity: $93,000,000.00financing reconciliation → Purchases of treasury stock: $60,000,000.00financing reconciliation → Subsidiary dividends paid to non-controlling interest shareholders: $19,000,000.00financing reconciliation → Payment of contingent consideration for prior period acquisitions: $7,000,000.00financing reconciliation → Other financing activities: $3,000,000.00Beginning cash: Cash, cash equivalents, and restricted cash → Cash sources and uses: $2,467,000,000.00Net cash from operating activities → Cash sources and uses: $1,871,000,000.00Net cash from investing activities → Cash sources and uses: $29,000,000.00Cash sources and uses → Ending cash: Cash, cash equivalents, and restricted cash: $3,582,000,000.00Cash sources and uses → Net cash used in financing activities: $785,000,000.00Net earnings: $276,000,000.00Net earnings+$276.00 MDepreciation and amortization: $219,000,000.00Depreciation & amortization+$219.00 MEquity in earnings of unconsolidated affiliates: -$1,000,000.00Equity-method results−$1.00 MLoss on sales of investments and other assets and asset impairments, net: $22,000,000.00Investment & asset loss, net+$22.00 MInterest credited/index credits to contractholder account balances: $858,000,000.00Interest & index credits+$858.00 MChange in market risk benefits, net: $32,000,000.00Market risk benefits, net+$32.00 MDeferred policy acquisition costs and deferred sales inducements: -$292,000,000.00Deferred policy costs & inducements−$292.00 MCharges assessed to contractholders for mortality and admin: -$46,000,000.00Mortality & admin charges−$46.00 MNon-cash lease costs: $32,000,000.00Non-cash lease expense+$32.00 MOperating lease payments: -$34,000,000.00Operating lease payments−$34.00 MDistributions from unconsolidated affiliates, return on investment: $48,000,000.00Equity-method distributions+$48.00 MStock-based compensation cost: $23,000,000.00Stock-based compensation+$23.00 MChange in NAV of limited partnerships, net: -$88,000,000.00Limited partnership NAV, net−$88.00 MChange in valuation of derivatives, equity securities, preferred securities, and other assets, net: -$354,000,000.00Investment value change−$354.00 MChange in reinsurance recoverable: $8,000,000.00Reinsurance recoverables+$8.00 MChange in future policy benefits: $98,000,000.00Policy benefit reserves+$98.00 MChange in funds withheld from reinsurers: $837,000,000.00Reinsurance payables+$837.00 MNet increase in trade receivables: -$98,000,000.00Accounts receivable−$98.00 MNet increase (decrease) in reserve for title claim losses: $11,000,000.00Claims reserves+$11.00 MNet change in income taxes: -$59,000,000.00Income taxes payable−$59.00 MNet change in other assets and other liabilities: $60,000,000.00Other working capital, net+$60.00 MChange in derivative collateral liabilities: $319,000,000.00Derivative collateral liabilities+$319.00 MGain on the sale of businesses: $0.00Net cash from operating activities: $1,871,000,000.00Operating cash+$1.87 BOperating adjustments reconciliation: $2,567,000,000.00Debt offering: $0.00Debt service payments: $0.00Dividends paid: -$138,000,000.00Common dividends paid−$138.00 MSubsidiary dividends paid to non-controlling interest shareholders: -$19,000,000.00Noncontrolling dividends−$19.00 MNet change in secured trust deposits: $214,000,000.00Secured trust deposits, net+$214.00 MBorrowings: $0.00Payment of contingent consideration for prior period acquisitions: -$7,000,000.00Contingent consideration paid−$7.00 MContractholder account deposits: $1,768,000,000.00Contractholder deposits+$1.77 BContractholder account withdrawals: -$2,447,000,000.00Contractholder withdrawals−$2.45 BPurchases of treasury stock: -$60,000,000.00Common stock repurchases−$60.00 MF&G common stock offering: $0.00Other financing activities: -$3,000,000.00Other financing, net−$3.00 MSubsidiary repurchases of own equity: -$93,000,000.00Paid to noncontrolling interests−$93.00 MNet cash used in financing activities: -$785,000,000.00. Cash required to fund net payments.Financing cash−$785.00 Mfinancing reconciliation: $2,767,000,000.00Proceeds from sales, calls and maturities of investment securities: $7,496,000,000.00AFS securities maturities+$7.50 BAdditions to property and equipment, capitalized software and title plants: -$36,000,000.00PP&E, software & title plants−$36.00 MPurchases of investment securities: -$8,007,000,000.00AFS securities purchases−$8.01 BNet proceeds from sales and maturities of short-term investment securities: $675,000,000.00Short-term investment proceeds+$675.00 MAcquisitions and dispositions: -$39,000,000.00Acquisitions and dispositions−$39.00 MAdditional investments in unconsolidated affiliates: -$268,000,000.00Equity-method investments made−$268.00 MDistributions from unconsolidated affiliates, return of investment: $221,000,000.00Equity-method return of capital+$221.00 MNet other investing activities: -$13,000,000.00Other investing, net−$13.00 MNet cash from investing activities: $29,000,000.00Investing cash+$29.00 Minvesting reconciliation: $8,392,000,000.00Cash sources and uses: $4,367,000,000.00Beginning cash: Cash, cash equivalents, and restricted cash: $2,467,000,000.00Beginning cash$2.47 BEnding cash: Cash, cash equivalents, and restricted cash: $3,582,000,000.00Ending cash$3.58 BCASH RECONCILIATIONOperatingflowsInvestingflowsFinancingflowsFree cash flowNot availableCash flow / Net income6.78×Operating cash flow ÷ net incomeNet cash change+$1.12 BEnding cash − beginning cash
Chart details

FIDELITY NATIONAL FINANCIAL, INC. cash flow reconciliation, Apr 1, 2026 through Jun 30, 2026

Cash flows for Apr 1, 2026 through Jun 30, 2026. Cash basis: Cash, cash equivalents, and restricted cash. Beginning cash: Mar 31, 2026. Ending cash: Jun 30, 2026. Beginning and ending cash are dated balances. Positive cash flows add cash; negative cash flows reduce it.

Beginning cash on Mar 31, 2026
2,467,000,000 US dollars. Beginning cash: Cash, cash equivalents, and restricted cash
Operating activities
1,871,000,000 US dollars. Net cash provided.
Net earnings
276,000,000 US dollars
Depreciation and amortization
219,000,000 US dollars
Equity in earnings of unconsolidated affiliates
negative 1,000,000 US dollars
Loss on sales of investments and other assets and asset impairments, net
22,000,000 US dollars
Interest credited/index credits to contractholder account balances
858,000,000 US dollars
Change in market risk benefits, net
32,000,000 US dollars
Deferred policy acquisition costs and deferred sales inducements
negative 292,000,000 US dollars
Charges assessed to contractholders for mortality and admin
negative 46,000,000 US dollars
Non-cash lease costs
32,000,000 US dollars
Operating lease payments
negative 34,000,000 US dollars
Distributions from unconsolidated affiliates, return on investment
48,000,000 US dollars
Stock-based compensation cost
23,000,000 US dollars
Change in NAV of limited partnerships, net
negative 88,000,000 US dollars
Change in valuation of derivatives, equity securities, preferred securities, and other assets, net
negative 354,000,000 US dollars
Change in reinsurance recoverable
8,000,000 US dollars
Change in future policy benefits
98,000,000 US dollars
Change in funds withheld from reinsurers
837,000,000 US dollars
Net increase in trade receivables
negative 98,000,000 US dollars
Net increase (decrease) in reserve for title claim losses
11,000,000 US dollars
Net change in income taxes
negative 59,000,000 US dollars
Net change in other assets and other liabilities
60,000,000 US dollars
Change in derivative collateral liabilities
319,000,000 US dollars
Gain on the sale of businesses
0 US dollars
Investing activities
29,000,000 US dollars. Net cash provided.
Proceeds from sales, calls and maturities of investment securities
7,496,000,000 US dollars
Additions to property and equipment, capitalized software and title plants
negative 36,000,000 US dollars
Purchases of investment securities
negative 8,007,000,000 US dollars
Net proceeds from sales and maturities of short-term investment securities
675,000,000 US dollars
Acquisitions and dispositions
negative 39,000,000 US dollars
Additional investments in unconsolidated affiliates
negative 268,000,000 US dollars
Distributions from unconsolidated affiliates, return of investment
221,000,000 US dollars
Net other investing activities
negative 13,000,000 US dollars
Financing activities
negative 785,000,000 US dollars. Net cash used.
Debt offering
0 US dollars
Debt service payments
0 US dollars
Dividends paid
negative 138,000,000 US dollars
Subsidiary dividends paid to non-controlling interest shareholders
negative 19,000,000 US dollars
Net change in secured trust deposits
214,000,000 US dollars
Borrowings
0 US dollars
Payment of contingent consideration for prior period acquisitions
negative 7,000,000 US dollars
Contractholder account deposits
1,768,000,000 US dollars
Contractholder account withdrawals
negative 2,447,000,000 US dollars
Purchases of treasury stock
negative 60,000,000 US dollars
F&G common stock offering
0 US dollars
Other financing activities
negative 3,000,000 US dollars
Subsidiary repurchases of own equity
negative 93,000,000 US dollars
Operating adjustment reconciliation
2,567,000,000 US dollars. Intermediate calculation joining the operating reconciliation branches. Its gross amount includes any portion of net income routed through this junction. It is not an additional cash source or use.
financing gross reconciliation
2,767,000,000 US dollars. Gross amount at the activity's junction before offsetting its receipts and deductions. It is not an additional cash source or use.
investing gross reconciliation
8,392,000,000 US dollars. Gross amount at the activity's junction before offsetting its receipts and deductions. It is not an additional cash source or use.
Exchange-rate effect
0 US dollars
Ending cash on Jun 30, 2026
3,582,000,000 US dollars. Ending cash: Cash, cash equivalents, and restricted cash
Cash sources and uses
4,367,000,000 US dollars. Opening cash plus net sources, equal to net uses plus ending cash.
Net cash change
1,115,000,000 US dollars. Ending cash minus beginning cash.
Cash flow / Net income
6.78×. Operating cash flow divided by reconciliation net income for the same period. Black from 0.90× through 1.10×; green above 1.10×; red below 0.90×. Color uses the unrounded ratio.

Chart connections

  • Beginning cash plus operating, investing and financing cash flows plus the exchange-rate effect equals ending cash. Negative amounts reduce cash.
  • Financing contributions meet at a reconciliation junction before connecting to the net cash total.
  • Investing contributions meet at a reconciliation junction before connecting to the net cash total.
  • Operating reconciliation adjustments are not all independent cash receipts.
  • Net income enters operating cash directly in the reconciliation. The adjustment junction contributes the remaining $1.60B after reconciling the other positive and negative adjustments. These connections depict an accounting reconciliation, not traced cash receipts.
  • Each activity has one net cash bar connected to the shared cash pool. Positive activity totals enter the pool; negative activity totals leave the pool to fund that activity's net payments. The central pool does not assign a particular funding source to a particular payment.
  • The intermediate calculation bars include both sides of the displayed activity breakdowns; they are not additional cash flows.
FIDELITY NATIONAL FINANCIAL, INC. (FNF) FY2026 Q2 Statement of Cash Flows Sankey chart
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