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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Millions
 9 Months Ended
Sep. 30, 2019
Sep. 30, 2018
Operating Activities    
Net (loss) income $ (98) $ 161
Adjustments to reconcile net (loss) income to net cash provided by operating activities:    
Depreciation and amortization 149 146 [1]
Deferred income taxes (16) 59
Impairments [2] 186 0
Amortization of deferred financing costs and debt discount 7 11
(Gain) loss on the early extinguishment of debt (5) 7
Equity in (earnings) losses of unconsolidated entities (15) 3
Stock-based compensation 25 31
Mark-to-market adjustments on derivatives 49 (20)
Other adjustments to net income (4) (1)
Net change in assets and liabilities, excluding the impact of acquisitions and dispositions:    
Trade receivables (8) (26)
Relocation receivables (38) (112)
Other assets (4) (15)
Accounts payable, accrued expenses and other liabilities 2 (18)
Dividends received from unconsolidated entities 2 3
Increase (Decrease) in Other Operating Assets and Liabilities, Net (2) (5)
Net cash provided by operating activities 230 224
Investing Activities    
Property and equipment additions (78) (73)
Payments to Acquire Businesses, Net of Cash Acquired 1 1
Investment in unconsolidated entities (10) (15)
Proceeds from investments in unconsolidated entities 0 19
Other, net 3 10
Net cash used in investing activities (86) (60)
Financing Activities    
Net change in Revolving Credit Facility (5) 180
Payments for refinancing of Term Loan B 0 (4)
Proceeds from refinancing of Term Loan A & A-1 0 17
Proceeds from issuance of Senior Notes 550 0
Redemption and repurchases of Senior Notes 533 0
Amortization payments on term loan facilities (22) (17)
Net change in securitization obligations (3) 70
Debt issuance costs (9) (16)
Cash paid for fees associated with early extinguishment of debt (5) 0
Repurchase of common stock (20) (302)
Dividends paid on common stock (31) (34)
Taxes paid related to net share settlement for stock-based compensation (6) (10)
Payments of contingent consideration related to acquisitions (3) (21)
Other, net (17) (23)
Net cash used in financing activities (104) (160)
Effect of changes in exchange rates on cash, cash equivalents and restricted cash 0 (1)
Net increase in cash, cash equivalents and restricted cash 40 3
Cash, cash equivalents and restricted cash, beginning of period 238 234
Cash, cash equivalents and restricted cash, end of period 278 237
Supplemental Disclosure of Cash Flow Information    
Interest payments (including securitization interest of $6 for both periods presented) 130 118
Income tax payments, net 7 $ 10
Payments to Acquire Retained Interest in Securitized Receivables $ 6  
[1] Includes the elimination of transactions between segments.
[2] Impairments for the three and nine months ended September 30, 2019 includes a goodwill impairment charge of $180 million at the Company Owned Real Estate Brokerage Services segment. In addition, other impairment charges, primarily related to lease asset impairments, of $3 million and $6 million were incurred for the three and nine months ended September 30, 2019, respectively.