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Condensed Consolidated Statements of Operations - USD ($)
shares in Millions, $ in Millions
 3 Months Ended 6 Months Ended
Jun. 30, 2018
Jun. 30, 2017
Jun. 30, 2018
Jun. 30, 2017
Revenues [Abstract]        
Net revenues [1],[2] $ 1,820 $ 1,793 [3] $ 3,049 $ 2,996 [3]
Expenses        
Commission and other agent-related costs 1,009 970 1,654 1,575
Operating 392 385 784 768
Marketing 69 70 136 132
General and administrative 75 98 164 187
Former parent legacy benefit, net [4] 0 (11) [5] 0 (11)
Restructuring costs, net [6],[7] 6 2 [5] 36 7
Depreciation and amortization 49 [5],[8] 49 [5],[8] 97 99 [8]
Interest expense, net 46 [5] 47 [5] 79 86
Loss on the early extinguishment of debt [4] 0 0 [5] 7 4
Total expenses 1,646 1,610 2,957 2,847
Income before income taxes, equity in (earnings) losses and noncontrolling interests 174 183 92 149
Income tax expense 52 [5] 73 [5] 33 64
Equity in (earnings) losses of unconsolidated entities (2) 0 2 3
Net income 124 110 57 82
Less: Net income attributable to noncontrolling interests (1) (1) (1) (1)
Net income attributable to Realogy Holdings and Realogy Group $ 123 $ 109 [5] $ 56 $ 81
Earnings per share attributable to Realogy Holdings:        
Basic earnings per share $ 0.97 $ 0.79 $ 0.44 $ 0.58
Diluted earnings per share $ 0.96 $ 0.78 $ 0.43 $ 0.58
Weighted average common and common equivalent shares of Realogy Holdings outstanding:        
Basic 126.5 137.6 128.4 138.6
Diluted 127.6 138.9 129.7 139.9
Cash dividends declared per share $ 0.09 $ 0.09 $ 0.18 $ 0.18
Gross commission income        
Revenues [Abstract]        
Net revenues [9] $ 1,388 $ 1,374 [3] $ 2,290 $ 2,255 [3]
Service revenue        
Revenues [Abstract]        
Net revenues [10] 263 255 [3] 460 449 [3]
Franchise fees        
Revenues [Abstract]        
Net revenues [11] 114 110 [3] 193 185 [3]
Other        
Revenues [Abstract]        
Net revenues [12] $ 55 $ 54 [3] $ 106 $ 107 [3]
[1] Revenues for the Relocation Services segment include intercompany referral commissions paid by the Company Owned Real Estate Brokerage Services segment of $12 million and $20 million for both the three and six months ended June 30, 2018 and 2017. 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 $92 million and $155 million for the three and six months ended June 30, 2018, respectively, and $95 million and $156 million for the three and six months ended June 30, 2017, respectively. Such amounts are eliminated through the Corporate and Other line.
[3] Prior period amounts have not been adjusted under the modified retrospective method.
[4] Former parent legacy items and loss on the early extinguishment of debt are recorded in the Corporate and Other segment.
[5] Includes an $8 million expense related to the settlement of the Strader legal matter in Corporate and Other.
[6] The three and six months ended June 30, 2018 includes $5 million and $34 million, respectively, of expense related to the Leadership Realignment and Other Restructuring Activities program and $1 million and $2 million, respectively, of expense related to the Business Optimization Initiative program.
[7] The three months ended June 30, 2018 includes restructuring charges of $4 million in the Company Owned Real Estate Brokerage Services segment, $1 million in the Relocation Services segment and $1 million at Title and Settlement Services segment.The three months ended June 30, 2017 includes restructuring charges of $1 million in the Real Estate Franchise Services segment and $1 million in the Company Owned Real Estate Brokerage Services segment.The six months ended June 30, 2018 includes restructuring charges of $2 million in the Real Estate Franchise Services segment, $21 million in the Company Owned Real Estate Brokerage Services segment, $9 million in the Relocation Services segment, $2 million at Title and Settlement Services segment and $2 million in the Corporate and Other segment.The six months ended June 30, 2017 includes restructuring charges of $1 million in the Real Estate Franchise Services segment and $6 million in the Company Owned Real Estate Brokerage Services segment.
[8] Depreciation and amortization for the six months ended June 30, 2018 includes $2 million of amortization expense related to Guaranteed Rate Affinity's purchase accounting included in the "Equity in (earnings) losses of unconsolidated entities" line on the Condensed Consolidated Statement of Operations.
[9] Approximately 75% of the Company's total net revenues related to gross commission income at the Company Owned Brokerage Services segment, which is recognized at a point in time at the closing of a homesale transaction.
[10] Approximately 15% of the Company's total net revenues related to service fees primarily consisting of title and escrow fees at the Title and Settlement Services segment, which are recognized at a point in time at the closing of a homesale transaction, and relocation fees at the Relocation Services segment, which are recognized as revenue when or as the related performance obligation is satisfied, which is dependent on the type of service performed. Relocation fees at the Relocation Services segment primarily include: (i) referral fees which are recognized at a point in time of the closing of a homesale transaction, (ii) outsourcing fees, which are management fees charged to clients frequently related to a bundle of relocation services performed and are recognized over the average time period to complete a move, and (iii) referral commissions from third party suppliers which are recognized at the time of the completion of the related service.
[11] Approximately 5% of the Company's total net revenues related to franchise fees at the Real Estate Franchise Services segment, primarily domestic royalties, which are recognized at a point in time when the underlying franchisee revenue is earned (upon close of the homesale transaction).
[12] Approximately 5% of the Company's total net revenues related to other revenue, which comprised of brand marketing funds received at the Real Estate Franchise Services segment from franchisees and other miscellaneous revenues across all of the business segments.