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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Millions
 6 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Operating Activities    
Net (loss) income $ (475) $ (29)
Net loss from discontinued operations 68 13
Net income (loss) from continuing operations (407) (16)
Adjustments to reconcile net loss from continuing operations to net cash provided by operating activities:    
Depreciation and amortization 91 84
Deferred income taxes (117) (2)
Impairments [1] 454 3
Amortization of deferred financing costs and debt discount 5 5
Loss on the early extinguishment of debt 8 5
Equity in earnings of unconsolidated entities 45 8
Stock-based compensation 10 14
Mark-to-market adjustments on derivatives 59 38
Other adjustments to net loss 0 (2)
Net change in assets and liabilities, excluding the impact of acquisitions and dispositions:    
Trade receivables (13) (43)
Other assets (9) (13)
Accounts payable, accrued expenses and other liabilities (15) 48
Dividends received from unconsolidated entities 22 1
Other, net (8) (1)
Net cash provided by operating activities from continuing operations 35 113
Net cash used in operating activities from discontinued operations (2) (57)
Net cash provided by operating activities 33 56
Investing Activities    
Property and equipment additions (41) (50)
Payments for acquisitions, net of cash acquired (1) (1)
Investment in unconsolidated entities (2) (10)
Other, net (11) 3
Net cash used in investing activities from continuing operations (55) (58)
Net cash used in investing activities from discontinued operations (8) (4)
Net cash used in investing activities (63) (62)
Financing Activities    
Net change in Revolving Credit Facility 625 60
Proceeds from issuance of Senior Secured Second Lien Notes 550 0
Proceeds from issuance of Senior Notes 0 550
Redemption of Senior Notes (550) (450)
Amortization payments on term loan facilities (19) (15)
Debt issuance costs (8) (9)
Cash paid for fees associated with early extinguishment of debt (7) (4)
Repurchase of common stock 0 (20)
Dividends paid on common stock 0 (21)
Taxes paid related to net share settlement for stock-based compensation (5) (6)
Payments of contingent consideration related to acquisitions 0 (2)
Other, net (15) (13)
Net cash provided by financing activities from continuing operations 571 70
Net cash used in financing activities from discontinued operations (103) (24)
Net cash provided by financing activities 468 46
Effect of changes in exchange rates on cash, cash equivalents and restricted cash 0 0
Net increase in cash, cash equivalents and restricted cash 438 40
Cash, cash equivalents and restricted cash, beginning of period 266 238
Cash, cash equivalents and restricted cash, end of period 704 278
Less cash, cash equivalents and restricted cash of discontinued operations, end of period 18 18
Cash, cash equivalents and restricted cash of continuing operations, end of period 686 260
Supplemental Disclosure of Cash Flow Information    
Interest payments for continuing operations 102 95
Income tax payments for continuing operations, net $ 0 $ 6
[1] Impairments for the three months ended June 30, 2020 and for the three and six months ended June 30, 2019 relate to lease asset impairments.Impairments for the six months ended June 30, 2020 include a goodwill impairment charge of $413 million which reduced the net carrying value of Realogy Brokerage Group by $314 million after accounting for the related income tax benefit of $99 million, an impairment charge of $30 million which reduced the carrying value of trademarks at Realogy Franchise Group and $11 million related to lease asset impairments.