XML 58 R45.htm IDEA: XBRL DOCUMENT v3.22.4

Segment Information and Revenue (Tables)

12 Months Ended

Dec. 31, 2022

Segment Reporting [Abstract]

Revenue Categories

			Year Ended December 31, 2022																		Year Ended December 31, 2021																		Year Ended December 31, 2020
			IMT						Mortgages						Homes						IMT						Mortgages						Homes						IMT						Mortgages						Homes
Revenue:
Premier Agent			$	1,291					$	—					$	—					$	1,396					$	—					$	—					$	1,047					$	—					$	—
Rentals			274						—						—						264						—						—						222						—						—
Other			274						—						—						226						—						—						181						—						—
Mortgages			—						119						—						—						246						—						—						174						—
Total revenue			1,839						119						—						1,886						246						—						1,450						174						—
Cost of revenue (1)			275						68						24						203						84						36						193						39						23
Gross profit (loss)			1,564						51						(24)						1,683						162						(36)						1,257						135						(23)
Operating expenses (1):
Sales and marketing			572						79						13						552						109						54						441						60						34
Technology and development			438						50						10						318						32						71						260						23						41
General and administrative			375						85						38						258						72						84						225						44						55
Impairment and restructuring costs			12						4						8						—						1						9						74						3						—
Acquisition-related costs			—						—						—						9						—						—						—						—						—
Integration costs			—						—						—						1						—						—						—						—						—
Total operating expenses			1,397						218						69						1,138						214						218						1,000						130						130
Income (loss) from continuing operations			167						(167)						(93)						545						(52)						(254)						257						5						(153)
Segment other income (expense), net			(7)						3						—						—						5						—						5						2						—
Segment interest expense			—						(3)						—						—						(5)						—						—						(2)						—
Income (loss) from continuing operations before income taxes (2)			$	160					$	(167)					$	(93)					$	545					$	(52)					$	(254)					$	262					$	5					$	(153)

(1) The following table presents depreciation and amortization expense and share-based compensation expense for each of our segments for the periods presented (in millions):

			Year Ended December 31, 2022																		Year Ended December 31, 2021																		Year Ended December 31, 2020
			IMT						Mortgages						Homes						IMT						Mortgages						Homes						IMT						Mortgages						Homes
Depreciation and amortization expense			$	137					$	11					$	2					$	99					$	8					$	13					$	90					$	7					$	8
Share-based compensation expense			$	356					$	60					$	17					$	201					$	34					$	41					$	135					$	15					$	20

Reconciliation of Segment Gross Profit and Loss

(2) The following table presents the reconciliation of total segment income (loss) from continuing operations before income taxes to consolidated income (loss) from continuing operations before income taxes for the periods presented (in millions):

			Year Ended December 31,
			2022						2021						2020
Total segment income (loss) from continuing operations before income taxes			$	(100)					$	239					$	114
Corporate interest expense			(32)						(123)						(136)
Corporate other income, net			47						2						18
Gain (loss) on extinguishment of debt			—						(17)						1
Consolidated income (loss) from continuing operations before income taxes			$	(85)					$	101					$	(3)

X

- Definition

Tabular disclosure of the reconciliation of profit (loss) from reportable segments to the consolidated income (loss) before income tax expense (benefit) and discontinued operations. Includes, but is not limited to, reconciliation after income tax if income tax is allocated to the reportable segment.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 31
-URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8924-108599

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 30
-Subparagraph (b)
-URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8906-108599

+ Details

Name:	us-gaap_ReconciliationOfOperatingProfitLossFromSegmentsToConsolidatedTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 22
-URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8736-108599

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 25
-URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8813-108599

Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 350
-SubTopic 20
-Section 50
-Paragraph 1
-URI https://asc.fasb.org/extlink&oid=121556970&loc=d3e13816-109267

Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 30
-URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8906-108599

+ Details

Name:	us-gaap_ScheduleOfSegmentReportingInformationBySegmentTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- References

No definition available.

+ Details

Name:	us-gaap_SegmentReportingAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration