XML 75 R52.htm IDEA: XBRL DOCUMENT v3.20.2
Restructuring Costs Facility and Operational Efficiencies Program (Details) - USD ($)
$ in Millions
 3 Months Ended 9 Months Ended
Sep. 30, 2020
Sep. 30, 2019
Sep. 30, 2020
Sep. 30, 2019
Restructuring Reserve [Roll Forward]        
Restructuring costs, net [1],[2] $ 13 $ 11 $ 38 $ 29
Other Asset Impairment Charges   3 17 6
Realogy Franchise Group        
Restructuring Reserve [Roll Forward]        
Restructuring costs, net   2 1 3
Realogy Brokerage Group        
Restructuring Reserve [Roll Forward]        
Restructuring costs, net 11 8 32 18
Realogy Title Group        
Restructuring Reserve [Roll Forward]        
Restructuring costs, net     3 2
Corporate and Other        
Restructuring Reserve [Roll Forward]        
Restructuring costs, net 2 1 2 6
Personnel Related        
Restructuring Reserve [Roll Forward]        
Restructuring costs, net [3] 3 4 10 17
Facility Related        
Restructuring Reserve [Roll Forward]        
Restructuring costs, net [4] 10 6 28 11
Other Restructuring        
Restructuring Reserve [Roll Forward]        
Restructuring costs, net [5] 0 1 0 1
Operational Efficiencies Program        
Restructuring Reserve [Roll Forward]        
Balance at December 31, 2019     11  
Restructuring costs, net   $ 10 36 [6] $ 25
Costs paid or otherwise settled     (33)  
Balance at September 30, 2020 14   14  
Restructuring and Related Cost, Expected Cost [Abstract]        
Restructuring and Related Cost, Expected Cost [7] 108   108  
Restructuring and Related Cost, Cost Incurred to Date 74   74  
Restructuring and Related Cost, Expected Cost Remaining [7] 34   34  
Operational Efficiencies Program | Realogy Franchise Group        
Restructuring and Related Cost, Expected Cost [Abstract]        
Restructuring and Related Cost, Expected Cost 5   5  
Restructuring and Related Cost, Cost Incurred to Date 5   5  
Restructuring and Related Cost, Expected Cost Remaining 0   0  
Operational Efficiencies Program | Realogy Brokerage Group        
Restructuring and Related Cost, Expected Cost [Abstract]        
Restructuring and Related Cost, Expected Cost 84   84  
Restructuring and Related Cost, Cost Incurred to Date 55   55  
Restructuring and Related Cost, Expected Cost Remaining 29   29  
Operational Efficiencies Program | Realogy Title Group        
Restructuring and Related Cost, Expected Cost [Abstract]        
Restructuring and Related Cost, Expected Cost 5   5  
Restructuring and Related Cost, Cost Incurred to Date 5   5  
Restructuring and Related Cost, Expected Cost Remaining 0   0  
Operational Efficiencies Program | Corporate and Other        
Restructuring and Related Cost, Expected Cost [Abstract]        
Restructuring and Related Cost, Expected Cost 14   14  
Restructuring and Related Cost, Cost Incurred to Date 9   9  
Restructuring and Related Cost, Expected Cost Remaining 5   5  
Operational Efficiencies Program | Personnel Related        
Restructuring Reserve [Roll Forward]        
Balance at December 31, 2019     6  
Restructuring costs, net [6]     10  
Costs paid or otherwise settled     (14)  
Balance at September 30, 2020 2   2  
Restructuring and Related Cost, Expected Cost [Abstract]        
Restructuring and Related Cost, Expected Cost [7] 34   34  
Restructuring and Related Cost, Cost Incurred to Date 31   31  
Restructuring and Related Cost, Expected Cost Remaining [7] 3   3  
Operational Efficiencies Program | Facility Related        
Restructuring Reserve [Roll Forward]        
Balance at December 31, 2019     5  
Restructuring costs, net [6]     26  
Costs paid or otherwise settled     (19)  
Balance at September 30, 2020 12   12  
Restructuring and Related Cost, Expected Cost [Abstract]        
Restructuring and Related Cost, Expected Cost [7] 73   73  
Restructuring and Related Cost, Cost Incurred to Date 42   42  
Restructuring and Related Cost, Expected Cost Remaining [7] 31   31  
Operational Efficiencies Program | Other Restructuring        
Restructuring and Related Cost, Expected Cost [Abstract]        
Restructuring and Related Cost, Expected Cost [7] 1   1  
Restructuring and Related Cost, Cost Incurred to Date 1   1  
Restructuring and Related Cost, Expected Cost Remaining [7] $ 0   $ 0  
[1] Restructuring charges for the three months ended September 30, 2020 relate to the Facility and Operational Efficiencies Program. Restructuring charges for the nine months ended September 30, 2020 include $36 million related to the Facility and Operational Efficiencies Program and $2 million related to the Leadership Realignment and Other Restructuring Activities Program. Restructuring charges for the three and nine months ended September 30, 2019 include $10 million and $25 million, respectively, related to the Facility and Operational Efficiencies Program and $1 million and $4 million, respectively, related to prior restructuring programs.
[2] 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.
[3] Personnel-related costs consist of severance costs provided to employees who have been terminated and duplicate payroll costs during transition.
[4] Facility-related costs consist of costs associated with planned facility closures such as contract termination costs, amortization of lease assets that will continue to be incurred under the contract for its remaining term without economic benefit to the Company, accelerated depreciation on asset disposals and other facility and employee relocation related costs.
[5] Other restructuring costs consist of costs related to professional fees, consulting fees and other costs associated with restructuring activities which are primarily included in the Corporate and Other business segment.
[6] In addition, the Company incurred an additional $17 million of facility-related costs for lease asset impairments in connection with the Facility and Operational Efficiencies Program during the nine months ended September 30, 2020.
[7] Facility-related costs include potential lease asset impairments to be incurred under the Facility and Operational Efficiencies Program.