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Selected Quarterly Financial Data (Unaudited) (Tables)
 12 Months Ended
Dec. 31, 2016
Quarterly Financial Information Disclosure [Abstract]  
Schedule of Unaudited Quarterly Financial Data
Provided below is selected unaudited quarterly financial data for 2016 and 2015.
 
2016
 
First
 
Second
 
Third
 
Fourth
Net revenues
 
 
 
 
 
 
 
Real Estate Franchise Services
$
157

 
$
221

 
$
215

 
$
188

Company Owned Real Estate Brokerage Services
841

 
1,268

 
1,231

 
1,004

Relocation Services
83

 
109

 
116

 
97

Title and Settlement Services
111

 
149

 
164

 
149

Corporate and Other (a)
(58
)
 
(85
)
 
(82
)
 
(68
)
Total Company
$
1,134

 
$
1,662

 
$
1,644

 
$
1,370

Income (loss) before income taxes, equity in earnings and noncontrolling interests (b)
 
 
 
 
Real Estate Franchise Services
$
73

 
$
130

 
$
133

 
$
102

Company Owned Real Estate Brokerage Services
(32
)
 
63

 
55

 
(8
)
Relocation Services
(1
)
 
22

 
34

 
16

Title and Settlement Services
(5
)
 
21

 
17

 
6

Corporate and Other
(101
)
 
(83
)
 
(63
)
 
(30
)
Total Company
$
(66
)
 
$
153

 
$
176

 
$
86

Net income (loss) attributable to Realogy Holdings and Realogy Group
$
(42
)
 
$
92

 
$
106

 
$
57

Income (loss) per share attributable to Realogy Holdings (c):
 
 
 
 
 
 
 
Basic income (loss) per share
$
(0.29
)
 
$
0.63

 
$
0.74

 
$
0.40

Diluted income (loss) per share
$
(0.29
)
 
$
0.63

 
$
0.73

 
$
0.40

_______________
 
 
(a)
Represents the elimination of transactions primarily between the Real Estate Franchise Services segment and the Company Owned Real Estate Brokerage Services segment.
(b)
The quarterly results include the following:
•
former parent legacy cost of $1 million in the first quarter and former parent legacy benefit of $3 million in the fourth quarter; and
•
restructuring charges of $9 million, $12 million, $9 million and $9 million in the first, second, third and fourth quarters, respectively.
(c)
Basic and diluted EPS amounts in each quarter are computed using the weighted-average number of shares outstanding during that quarter, while basic and diluted EPS for the full year is computed using the weighted-average number of shares outstanding during the year. Therefore, the sum of the four quarters’ basic or diluted EPS may not equal the full year basic or diluted EPS (see Note 16 "Earnings Per Share" for further information).
 
2015
 
First
 
Second
 
Third
 
Fourth
Net revenues
 
 
 
 
 
 
 
Real Estate Franchise Services
$
151

 
$
213

 
$
214

 
$
177

Company Owned Real Estate Brokerage Services
796

 
1,289

 
1,267

 
992

Relocation Services
85

 
108

 
124

 
98

Title and Settlement Services
87

 
128

 
147

 
125

Corporate and Other (a)
(57
)
 
(87
)
 
(84
)
 
(67
)
Total Company
$
1,062

 
$
1,651

 
$
1,668

 
$
1,325

Income (loss) before income taxes, equity in earnings and noncontrolling interests (b)
 
 
Real Estate Franchise Services
$
67

 
$
127

 
$
133

 
$
92

Company Owned Real Estate Brokerage Services
(28
)
 
75

 
82

 
8

Relocation Services
(1
)
 
22

 
39

 
16

Title and Settlement Services
(7
)
 
16

 
9

 
5

Corporate and Other
(89
)
 
(83
)
 
(81
)
 
(120
)
Total Company
$
(58
)
 
$
157

 
$
182

 
$
1

Net income (loss) attributable to Realogy Holdings and Realogy Group
$
(32
)
 
$
97

 
$
110

 
$
9

Income (loss) per share attributable to Realogy Holdings (c):
 
 
 
 
 
 
 
Basic income (loss) per share
$
(0.22
)
 
$
0.66

 
$
0.75

 
$
0.06

Diluted income (loss) per share
$
(0.22
)
 
$
0.66

 
$
0.74

 
$
0.06


_______________
 
 
(a)
Represents the elimination of transactions primarily between the Real Estate Franchise Services segment and the Company Owned Real Estate Brokerage Services segment.
(b)
The quarterly results include the following:
•
a loss on the early extinguishment of debt of $48 million in the fourth quarter;
•
former parent legacy benefit of $1 million and $14 million in the second and third quarters, respectively; and
•
restructuring charges of $10 million in the fourth quarter.
(c)
Basic and diluted EPS amounts in each quarter are computed using the weighted-average number of shares outstanding during that quarter, while basic and diluted EPS for the full year is computed using the weighted-average number of shares outstanding during the year. Therefore, the sum of the four quarters’ basic or diluted EPS may not equal the full year basic or diluted EPS.