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Consolidated Statements Of Operations - USD ($)
shares in Millions, $ in Millions
12 Months Ended
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2014
Revenues      
Gross commission income $ 4,277 $ 4,288 $ 4,028
Service revenue 955 882 802
Franchise fees 372 353 333
Other 206 183 165
Net revenues 5,810 5,706 5,328
Expenses      
Commission and other agent-related costs 2,945 2,931 2,755
Operating 1,542 1,458 1,350
Marketing 241 226 214
General and administrative 321 337 293
Former parent legacy benefit, net (2) (15) (10)
Restructuring costs, net 39 10 (1)
Depreciation and amortization 202 201 190
Interest expense, net 174 231 267
Loss on the early extinguishment of debt 0 48 47
Other (income)/expense, net (1) (3) (2)
Total expenses 5,461 5,424 5,103
Income before income taxes, equity in earnings and noncontrolling interests 349 282 225
Income tax expense 144 110 87
Equity in earnings of unconsolidated entities (12) (16) (9)
Net income 217 188 147
Less: Net income attributable to noncontrolling interests (4) (4) (4)
Net income attributable to Realogy Holdings and Realogy Group $ 213 $ 184 $ 143
Earnings per share attributable to Realogy Holdings:      
Basic earnings per share $ 1.47 $ 1.26 $ 0.98
Diluted earnings per share $ 1.46 $ 1.24 $ 0.97
Weighted average common and common equivalent shares of Realogy Holdings outstanding:      
Basic 144.5 146.5 146.0
Diluted 145.8 148.1 147.2
Common Stock, Dividends, Per Share, Declared $ 0.18 $ 0.00 $ 0.00