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Selected Quarterly Financial Data (Unaudited) (Tables) | 12 Months Ended
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Dec. 31, 2020
Quarterly Financial Information Disclosure [Abstract] |
Schedule of Unaudited Quarterly Financial Data | Provided below is selected unaudited quarterly financial data for 2020 and 2019.
| 2020
| First |  | Second |  | Third |  | Fourth
Net revenues |  |  |  |  |  |  |
Realogy Franchise Group | $ | 220 |  |  | $ | 227 |  |  | $ | 314 |  |  | $ | 298 |
Realogy Brokerage Group | 869 |  |  | 933 |  |  | 1,479 |  |  | 1,461 |
Realogy Title Group | 137 |  |  | 160 |  |  | 213 |  |  | 226
Corporate and Other (a) | (58) |  |  | (65) |  |  | (97) |  |  | (96) |
Total Company | $ | 1,168 |  |  | $ | 1,255 |  |  | $ | 1,909 |  |  | $ | 1,889 |
(Loss) income before income taxes, equity in earnings and noncontrolling interests (b)
Realogy Franchise Group | $ | 15 |  |  | $ | 42 |  |  | $ | 112 |  |  | $ | 84 |
Realogy Brokerage Group | (493) |  |  | (18) |  |  | 32 |  |  | 1 |
Realogy Title Group | (1) |  |  | 21 |  |  | 36 |  |  | 25 |
Corporate and Other | (133) |  |  | (99) |  |  | (98) |  |  | (117) |
Total Company | $ | (612) |  |  | $ | (54) |  |  | $ | 82 |  |  | $ | (7) |
Net (loss) income attributable to Realogy Holdings and Realogy Group | $ | (462) |  |  | $ | (14) |  |  | $ | 98 |  |  | $ | 18 |
(Loss) earnings per share attributable to Realogy Holdings (c): |  |  |  |  |  |  |
Basic (loss) earnings per share | $ | (4.03) |  |  | $ | (0.12) |  |  | $ | 0.85 |  |  | $ | 0.16 |
Diluted (loss) earnings per share | (4.03) |  |  | (0.12) |  |  | 0.84 |  |  | 0.15 |
_______________ (a)Represents the elimination of transactions primarily between Realogy Franchise Group and Realogy Brokerage Group. (b)The quarterly results include the following: •restructuring charges of $12 million, $18 million, $17 million and $20 million in the first, second, third and fourth quarters, respectively; •a goodwill impairment charge of $413 million related to Realogy Brokerage Group and an impairment charge of $30 million related to Realogy Franchise Group's trademarks during the first quarter; •$30 million, $44 million and $59 million of reserves recorded during the three months ended March 31, 2020, June 30, 2020 and September 30, 2020, respectively, (while Cartus Relocation Services was held for sale) to reduce the net assets to the estimated proceeds which were included in Impairments in connection with the reclassification of Cartus Relocation Services as continuing operations during the fourth quarter of 2020; •a goodwill impairment charge of $22 million related to Cartus Relocation Services and an impairment charge of $34 million related to Cartus Relocation Services' trademarks during the fourth quarter; •$4 million, $19 million, $11 million and $16 million of other impairment charges primarily related to lease asset impairments incurred in the first, second, third and fourth quarters, respectively; •former parent legacy net cost of $1 million in the third quarter; and •a loss on the early extinguishment of debt of $8 million in the second quarter. (c)Basic and diluted EPS amounts in each quarter are computed using the weighted-average number of shares outstanding during that quarter, while basic and diluted EPS for the full year is computed using the weighted-average number of shares outstanding during the year. Therefore, the sum of the four quarters’ basic or diluted EPS may not equal the full year basic or diluted EPS (see Note 16, "Earnings (Loss) Per Share", for further information).
| 2019
| First |  | Second |  | Third |  | Fourth
Net revenues |  |  |  |  |  |  |
Realogy Franchise Group | $ | 239 |  |  | $ | 331 |  |  | $ | 319 |  |  | $ | 269 |
Realogy Brokerage Group | 816 |  |  | 1,331 |  |  | 1,222 |  |  | 1,040 |
Realogy Title Group | 114 |  |  | 160 |  |  | 170 |  |  | 152 |
Corporate and Other (a) | (55) |  |  | (87) |  |  | (82) |  |  | (69) |
Total Company | $ | 1,114 |  |  | $ | 1,735 |  |  | $ | 1,629 |  |  | $ | 1,392 |
(Loss) income before income taxes, equity in earnings and noncontrolling interests (b)
Realogy Franchise Group | $ | 66 |  |  | $ | 165 |  |  | $ | 161 |  |  | $ | 94 |
Realogy Brokerage Group | (80) |  |  | 25 |  |  | (231) |  |  | (38) |
Realogy Title Group | (13) |  |  | 22 |  |  | 21 |  |  | 7 |
Corporate and Other | (108) |  |  | (115) |  |  | (92) |  |  | (73) |
Total Company | $ | (135) |  |  | $ | 97 |  |  | $ | (141) |  |  | $ | (10) |
Net (loss) income attributable to Realogy Holdings and Realogy Group | $ | (99) |  |  | $ | 69 |  |  | $ | (113) |  |  | $ | (45) |
(Loss) earnings per share attributable to Realogy Holdings (c): |  |  |  |  |  |  |
Basic (loss) earnings per share | $ | (0.87) |  |  | $ | 0.60 |  |  | $ | (0.99) |  |  | $ | (0.39) |
Diluted (loss) earnings per share | (0.87) |  |  | 0.60 |  |  | (0.99) |  |  | $ | (0.39) |
_______________ (a)Represents the elimination of transactions primarily between Realogy Franchise Group and Realogy Brokerage Group. (b)The quarterly results include the following: •restructuring charges of $12 million, $9 million, $11 million and $20 million in the first, second, third and fourth quarters, respectively; •a goodwill impairment charge of $237 million related to Realogy Brokerage Group during the third quarter; •a $22 million reduction to record net assets held for sale at the lower of carrying value or fair value, less costs to sell, for Cartus Relocations Services which was presented as held for sale at December 31, 2019; •$1 million, $2 million, $3 million and $6 million of other impairment charges primarily related to lease asset impairments incurred in the first, second, third and fourth quarters, respectively; •former parent legacy net cost of $1 million in the third quarter; and •a loss on the early extinguishment of debt of $5 million in the first quarter and a gain on the early extinguishment of debt of $10 million in the third quarter. (c)Basic and diluted EPS amounts in each quarter are computed using the weighted-average number of shares outstanding during that quarter, while basic and diluted EPS for the full year is computed using the weighted-average number of shares outstanding during the year. Therefore, the sum of the four quarters’ basic or diluted EPS may not equal the full year basic or diluted EPS.

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- Definition Tabular disclosure of quarterly financial data. Includes, but is not limited to, financial information for fiscal quarters, cumulative effect of a change in accounting principle and earnings per share data. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 270 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=121640914&loc=d3e1280-108306 + Details
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