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Segment Information (Tables) | 9 Months Ended
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Sep. 30, 2020
Segment Reporting [Abstract] |
Revenues |
| Revenues (a) (b)
| Three Months Ended September 30, |  | Nine Months Ended September 30,
| 2020 |  | 2019 |  | 2020 |  | 2019
Realogy Franchise Group | $ | 262 |  |  | $ | 240 |  |  | $ | 609 |  |  | $ | 679 |
Realogy Brokerage Group | 1,479 |  |  | 1,222 |  |  | 3,281 |  |  | 3,369 |
Realogy Title Group | 213 |  |  | 170 |  |  | 510 |  |  | 444 |
Corporate and Other (c) | (97) |  |  | (82) |  |  | (220) |  |  | (224) |
Total Company | $ | 1,857 |  |  | $ | 1,550 |  |  | $ | 4,180 |  |  | $ | 4,268 |
_______________ (a)Transactions between segments are eliminated in consolidation. Revenues for the Realogy Franchise Group include intercompany royalties and marketing fees paid by Realogy Brokerage Group of $97 million and $220 million for the three and nine months ended September 30, 2020, respectively, and $82 million and $224 million for the three and nine months ended September 30, 2019, respectively. Such amounts are eliminated through the Corporate and Other line. (b)Revenues for Realogy Franchise Group include intercompany referral commissions related to Realogy Advantage Broker Network paid by Realogy Brokerage Group of $3 million and $8 million for the three and nine months ended September 30, 2020, respectively, and $6 million and $14 million for the three and nine months ended September 30, 2019, respectively. Such amounts are recorded as contra-revenues by Realogy Brokerage Group. There are no other material intersegment transactions. (c)Includes the elimination of transactions between segments.
Operating EBITDA |
| Operating EBITDA
| Three Months Ended September 30, |  | Nine Months Ended September 30,
| 2020 |  | 2019 |  | 2020 |  | 2019
Realogy Franchise Group | $ | 196 |  |  | $ | 170 |  |  | $ | 419 |  |  | $ | 448 |
Realogy Brokerage Group | 61 |  |  | 31 |  |  | 25 |  |  | 16 |
Realogy Title Group | 95 |  |  | 31 |  |  | 168 |  |  | 54 |
Corporate and Other (a) | (43) |  |  | (26) |  |  | (94) |  |  | (75) |
Total continuing operations | 309 |  |  | 206 |  |  | 518 |  |  | 443 |
Less: Depreciation and amortization | 43 |  |  | 42 |  |  | 134 |  |  | 126 |
Interest expense, net | 48 |  |  | 66 |  |  | 208 |  |  | 209 |
Income tax expense (benefit) | 54 |  |  | (23) |  |  | (67) |  |  | (22) |
Restructuring costs, net (b) | 13 |  |  | 11 |  |  | 38 |  |  | 29 |
Impairments (c) | 6 |  |  | 240 |  |  | 460 |  |  | 243 |
Former parent legacy cost (d) | 1 |  |  | 1 |  |  | 1 |  |  | 1 |
(Gain) loss on the early extinguishment of debt (d) | — |  |  | (10) |  |  | 8 |  |  | (5) |
Net income (loss) from continuing operations attributable to Realogy Holdings and Realogy Group | 144 |  |  | (121) |  |  | (264) |  |  | (138) |
Net (loss) income from discontinued operations (e) | (46) |  |  | 8 |  |  | (114) |  |  | (5) |
Net income (loss) attributable to Realogy Holdings and Realogy Group | $ | 98 |  |  | $ | (113) |  |  | $ | (378) |  |  | $ | (143) |
_______________ (a)Includes the elimination of transactions between segments. (b)The three months ended September 30, 2020 includes restructuring charges of $11 million at Realogy Brokerage Group and $2 million at Corporate and Other. The three months ended September 30, 2019 includes restructuring charges of $2 million at Realogy Franchise Group, $8 million at Realogy Brokerage Group and $1 million at Corporate and Other. The nine months ended September 30, 2020 includes restructuring charges of $1 million at Realogy Franchise Group, $32 million at Realogy Brokerage Group, $3 million at Realogy Title Group and $2 million at Corporate and Other. The nine months ended September 30, 2019 includes restructuring charges of $3 million at Realogy Franchise Group, $18 million at Realogy Brokerage Group, $2 million at Realogy Title Group and $6 million at Corporate and Other. (c)Impairments for the three months ended September 30, 2020 relate to lease asset impairments. Impairments for the nine months ended September 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 $17 million related to lease asset impairments. Impairments for the three and nine months ended September 30, 2019 include a goodwill impairment charge of $237 million (which reduced the net carrying value of Realogy Brokerage Group by $180 million after accounting for the related income tax benefit of $57 million). In addition, the three and nine months ended September 30, 2019 include other impairment charges primarily related to lease asset impairments of $3 million and $6 million, respectively. (d)Former parent legacy items and (Gain) loss on the early extinguishment of debt are recorded in Corporate and Other. (e)Includes estimated loss on the sale of discontinued operations, net of tax of $43 million and $97 million for the three and nine months ended September 30, 2020, respectively.

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