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Segment Information (Tables)
9 Months Ended
Sep. 30, 2015
Segment Reporting [Abstract]  
Revenues
 
Revenues (a) (b)
 
Three Months Ended September 30,
 
Nine Months Ended September 30,
 
2015
 
2014
 
2015
 
2014
Real Estate Franchise Services
$
214

 
$
199

 
$
578

 
$
539

Company Owned Real Estate Brokerage Services
1,267

 
1,175

 
3,352

 
3,107

Relocation Services
124

 
125

 
317

 
318

Title and Settlement Services
147

 
111

 
362

 
300

Corporate and Other (c)
(84
)
 
(79
)
 
(228
)
 
(214
)
Total Company
$
1,668

 
$
1,531

 
$
4,381

 
$
4,050

_______________
 
 
(a)
Transactions between segments are eliminated in consolidation. Revenues for the Real Estate Franchise Services segment include intercompany royalties and marketing fees paid by the Company Owned Real Estate Brokerage Services segment of $84 million and $228 million for the three and nine months ended September 30, 2015, respectively, and $79 million and $214 million for the three and nine months ended September 30, 2014, respectively. Such amounts are eliminated through the Corporate and Other line.
(b)
Revenues for the Relocation Services segment include intercompany referral commissions paid by the Company Owned Real Estate Brokerage Services segment of $16 million and $39 million for the three and nine months ended September 30, 2015, respectively, and $13 million and $32 million for the three and nine months ended September 30, 2014, respectively. Such amounts are recorded as contra-revenues by the Company Owned Real Estate Brokerage Services segment. There are no other material intersegment transactions.
(c)
Includes the elimination of transactions between segments.
EBITDA
 
EBITDA (a) (b)
 
Three Months Ended September 30,
 
Nine Months Ended September 30,
 
2015
 
2014
 
2015
 
2014
Real Estate Franchise Services
$
152

 
$
136

 
$
384

 
$
352

Company Owned Real Estate Brokerage Services
96

 
93

 
177

 
164

Relocation Services
47

 
47

 
83

 
80

Title and Settlement Services
20

 
15

 
37

 
27

Corporate and Other (c)
(6
)
 
(18
)
 
(49
)
 
(76
)
Total Company
$
309

 
$
273

 
$
632

 
$
547

Less:
 
 
 
 
 
 
 
Depreciation and amortization
$
55

 
$
48

 
$
153

 
$
140

Interest expense, net
70

 
54

 
188

 
197

Income tax expense
74

 
71

 
116

 
88

Net income attributable to Realogy Holdings and Realogy Group
$
110

 
$
100

 
$
175

 
$
122


_______________
(a)
Includes a net benefit of $14 million of former parent legacy items for the three months ended September 30, 2015 compared to a net benefit of $2 million of former parent legacy items and the reversal of prior year restructuring of $1 million for the three months ended September 30, 2014.
(b)
Includes a net benefit of $15 million of former parent legacy items for the nine months ended September 30, 2015 compared to $27 million related to the loss on early extinguishment of debt, partially offset by a net benefit of $1 million of former parent legacy items and the reversal of prior year restructuring of $1 million for the nine months ended September 30, 2014.
(c)
Includes the elimination of transactions between segments.