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Condensed Consolidated Statements of Operations - USD ($)
shares in Millions, $ in Millions
 3 Months Ended
Mar. 31, 2017
Mar. 31, 2016
Revenues    
Gross commission income $ 881 $ 826
Service revenue 194 190
Franchise fees 75 69
Other 53 49
Net revenues [1],[2] 1,203 1,134
Expenses    
Commission and other agent-related costs 605 558
Operating 376 367
Marketing 62 58
General and administrative 96 86
Former parent legacy costs, net 0 1
Restructuring costs 5 9
Depreciation and amortization 50 [3] 48 [4]
Interest expense, net 39 [3] 73 [4]
Loss on the early extinguishment of debt [3] 4 0
Total expenses 1,237 1,200
Loss before income taxes, equity in losses and noncontrolling interests (34) (66)
Income tax benefit (9) [3] (24) [4]
Equity in losses of unconsolidated entities 3 0
Net loss (28) (42)
Less: Net income attributable to noncontrolling interests 0 0
Net loss attributable to Realogy Holdings and Realogy Group $ (28) [3] $ (42) [4]
Loss per share attributable to Realogy Holdings:    
Basic loss per share $ (0.20) $ (0.29)
Diluted loss per share $ (0.20) $ (0.29)
Weighted average common and common equivalent shares of Realogy Holdings outstanding:    
Basic 139.7 146.5
Diluted 139.7 146.5
Cash dividends declared per share (beginning in August 2016) $ 0.09 $ 0.00
[1] Revenues for the Relocation Services segment include intercompany referral commissions paid by the Company Owned Real Estate Brokerage Services segment of $8 million for both the three months ended March 31, 2017 and 2016. Such amounts are recorded as contra-revenues by the Company Owned Real Estate Brokerage Services segment. There are no other material intersegment transactions.
[2] 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 $61 million and $58 million for the three months ended March 31, 2017 and 2016, respectively. Such amounts are eliminated through the Corporate and Other line.
[3] Includes restructuring charges of $5 million in the Company Owned Real Estate Brokerage Services segment and $4 million related to the loss on the early extinguishment of debt for the three months ended March 31, 2017.
[4] Includes $9 million of restructuring charges as follows: $2 million in the Company Owned Real Estate Brokerage Services segment, $2 million in the Relocation Services segment and $5 million in Corporate and Other, and a net cost of $1 million of former parent legacy items for the three months ended March 31, 2016.