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Consolidated Statements Of Cash Flows - USD ($)
$ in Millions
 12 Months Ended
Dec. 31, 2018
Dec. 31, 2017
Dec. 31, 2016
Operating Activities      
Net income $ 140 $ 434 $ 217
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation and amortization 195 198 [1] 202 [2]
Deferred income taxes 71 (63) 124
Amortization of deferred financing costs and discount 15 16 16
Loss on the early extinguishment of debt 7 5 0
Equity in losses (earnings) of unconsolidated entities 4 (18) (12)
Stock-based compensation 40 52 57
Mark-to-market adjustments on derivatives 3 (2) 4
Other adjustments to net income 0 1 (4)
Net change in assets and liabilities, excluding the impact of acquisitions and dispositions:      
Trade receivables 7 (1) (10)
Relocation receivables (9) 23 31
Other assets (6) (25) (22)
Accounts payable, accrued expenses and other liabilities (71) 9 (17)
Dividends received from unconsolidated entities 3 52 11
Other, net (5) (14) (11)
Net cash provided by operating activities 394 667 586
Investing Activities      
Property and equipment additions (105) (99) (87)
Payments for acquisitions, net of cash acquired (1) (18) (95)
Investment in unconsolidated entities (15) (55) 0
Proceeds from investments in unconsolidated entities 19 11 0
Other, net 11 15 (9)
Net cash used in investing activities (91) (146) (191)
Financing Activities      
Net change in revolving credit facilities 200 (130) 0
Payments for refinancing of Term Loan B (4) 0 (758)
Proceeds from refinancing of Term Loan A & A-1 17 0 355
Amortization payments on term loan facilities (25) (42) (41)
Proceeds from issuance of Senior Notes 0 0 750
Redemption of Senior Notes 0 0 (500)
Net change in securitization obligations 38 (11) (40)
Debt issuance costs (16) (6) (16)
Cash paid for fees associated with early extinguishment of debt 0 (1) 0
Repurchase of common stock (402) (280) (195)
Dividends paid on common stock (45) (49) (26)
Proceeds from exercise of stock options 1 8 2
Taxes paid related to net share settlement for stock-based compensation (10) (11) (6)
Payments of contingent consideration related to acquisitions (22) (22) (25)
Other, net (29) (26) (34)
Net cash used in financing activities (297) (570) (534)
Effect of changes in exchange rates on cash, cash equivalents and restricted cash (2) 2 (3)
Net increase (decrease) in cash, cash equivalents and restricted cash 4 (47) (142)
Cash, cash equivalents and restricted cash, beginning of period 234 281 423
Cash, cash equivalents and restricted cash, end of period 238 234 281
Supplemental Disclosure of Cash Flow Information      
Interest payments (including securitization interest of $9, $7 and $6 respectively) 185 172 181
Income tax payments, net 7 12 24
Securitization Interest $ 9 $ 7 $ 6
[1] Includes $22 million and $8 million of equity earnings from PHH Home Loans for the years ended December 31, 2017 and 2016, respectively.
[2] Depreciation and amortization for the years ended December 31, 2018 and 2017 includes $2 million and $3 million, respectively, of amortization expense related to Guaranteed Rate Affinity's purchase accounting included in the "Equity in losses (earnings) of unconsolidated entities" line on the Consolidated Statement of Operations.