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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Millions
 3 Months Ended
Mar. 31, 2017
Mar. 31, 2016
Operating Activities    
Net loss $ (28) $ (42)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation and amortization 50 [1] 48 [2]
Deferred income taxes (10) (27)
Amortization of deferred financing costs and discount 4 4
Loss on the early extinguishment of debt 4 0
Equity in losses of unconsolidated entities 3 0
Stock-based compensation 12 12
Mark-to-market adjustments on derivatives (1) 31
Other adjustments to net loss (1) (1)
Net change in assets and liabilities, excluding the impact of acquisitions and dispositions:    
Trade receivables 4 3
Relocation receivables 22 (9)
Other assets (24) (10)
Accounts payable, accrued expenses and other liabilities (44) (71)
Due to former parent 0 1
Dividends received from unconsolidated entities 1 0
Other, net (4) (3)
Net cash used in operating activities (12) (64)
Investing Activities    
Property and equipment additions (28) (22)
Payments for acquisitions, net of cash acquired (1) (13)
Investment in unconsolidated entities (3) 0
Change in restricted cash 2 2
Other, net (1) (1)
Net cash used in investing activities (31) (34)
Financing Activities    
Net change in revolving credit facility 110 (200)
Amortization payments on term loan facilities (10) (10)
Proceeds from issuance of Senior Notes 0 250
Net change in securitization obligations (33) (27)
Debt issuance costs (6) (2)
Repurchase of common stock (57) (33)
Dividends paid on common stock (13) 0
Proceeds from exercise of stock options 1 0
Taxes paid related to net share settlement for stock-based compensation (10) (4)
Payments of contingent consideration related to acquisitions (4) (4)
Other, net (5) (4)
Net cash used in financing activities (27) (34)
Effect of changes in exchange rates on cash and cash equivalents 1 0
Net decrease in cash and cash equivalents (69) (132)
Cash and cash equivalents, beginning of period 274 415
Cash and cash equivalents, end of period 205 283
Supplemental Disclosure of Cash Flow Information    
Interest payments (including securitization interest of $1 for both periods presented) 24 28
Income tax payments, net 2 2
Securitization Interest $ 1 $ 1
[1] 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.
[2] 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.