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Discontinued Operations and Disposal Groups (Tables) | 12 Months Ended
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Dec. 31, 2019
Discontinued Operations and Disposal Groups [Abstract] |
Disposal Groups, Including Discontinued Operations | The following table summarizes the operating results of discontinued operations described above and reflected within "Net (loss) income from discontinued operations" in the Company’s Consolidated Statements of Operations for each of the periods presented:
| Year Ended December 31, |  |  |  |
| 2019 |  | 2018 |  | 2017
Net revenues | $ | 272 |  |  | $ | 297 |  |  | $ | 304 |
Total expenses | 281 |  |  | 305 |  |  | 297 |
(Loss) income from discontinued operations | (9) |  |  | (8) |  |  | 7 |
Estimated loss on the sale of discontinued operations (a) | (22) |  |  | — |  |  | — |
Income tax expense (benefit) from discontinued operations (b) | 36 |  |  | (2) |  |  | 1 |
Net (loss) income from discontinued operations | $ | (67) |  |  | $ | (6) |  |  | $ | 6 |
_______________ (a)Adjustment to record assets and liabilities held for sale at the lower of carrying value or fair value less any costs to sell based on the Purchase Agreement. (b)Income tax expense for the year ended December 31, 2019 relates to tax expense as a result of the expected taxable gain on the sale of Cartus Relocation Services, primarily as a result of the Company's low tax basis in goodwill, trademarks and other intangibles. Assets and liabilities held for sale related to discontinued operations presented in the Consolidated Balance Sheets at December 31, 2019 and 2018 are as follows:
| December 31, |  |
| 2019 (a) |  | 2018
Carrying amounts of the major classes of assets held for sale |  |  |
Cash and cash equivalents | $ | 28 |  |  | $ | 22 |
Restricted cash | 3 |  |  | 11 |
Trade receivables | 46 |  |  | 61 |
Relocation receivables | 203 |  |  | 231 |
Other current assets | 12 |  |  | 13 |
Total current assets |  |  |  | 338 |
Property and equipment, net | 36 |  |  | 31 |
Operating lease assets, net | 36 |  |  | — |
Goodwill | 176 |  |  | 176 |
Trademarks | 76 |  |  | 76 |
Other intangibles, net | 156 |  |  | 174 |
Other non-current assets | — |  |  | 4 |
Total non-current assets |  |  |  | 461 |
Allowance for reduction of assets held for sale (b) | (22) |  |  |
Total assets classified as held for sale | $ | 750 |  |  | $ | 799 |
Carrying amounts of the major classes of liabilities held for sale |  |  |
Accounts payable | $ | 53 |  |  | $ | 64 |
Securitization obligations | 206 |  |  | 231 |
Current portion of operating lease liabilities | 6 |  |  | — |
Accrued expenses and other current liabilities | 62 |  |  | 57 |
Total current liabilities |  |  |  | 352 |
Long-term operating lease liabilities | 29 |  |  | — |
Other non-current liabilities | — |  |  | 3 |
Total non-current liabilities |  |  |  | 3 |
Total liabilities classified as held for sale | $ | 356 |  |  | $ | 355 |
_______________ (a)The assets and liabilities of Cartus Relocation Services are classified as current on the December 31, 2019 balance sheet because it is probable that the sale will occur and proceeds will be collected within one year. (b)Adjustment to record assets and liabilities held for sale at the lower of carrying value or fair value less any costs to sell based on the Purchase Agreement.

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