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Restructuring Costs (Tables)

12 Months Ended

Dec. 31, 2020

Restructuring and Related Activities [Abstract]

Restructuring and Related Costs

The components of the restructuring charges for the years ended December 31, 2020, 2019 and 2018 were as follows:

			Years Ended December 31,
			2020						2019						2018
Personnel-related costs (1)			$	20					$	33					$	25
Facility-related costs (2)			47						18						22
Internal use software impairment (3)			—						—						11
Other restructuring costs (4)			—						1						—
Total restructuring charges (5)			$	67					$	52					$	58

_______________

(1)Personnel-related costs consist of severance costs provided to employees who have been terminated and duplicate payroll costs during transition.

(2)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.

(3)Internal use software impairment relates to development costs capitalized for a project that was determined to not meet the Company's strategic goals when analyzed by the Company's leadership team.

(4)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.

(5)Restructuring charges for the year ended December 31, 2020 include $65 million related to the Facility and Operational Efficiencies Program and $2 million related to the Leadership Realignment and Other Restructuring Activities Program. The year ended December 31, 2019 includes $47 million of expense related to the Facility and Operational Efficiencies Program and $5 million of expense primarily related to the Leadership Realignment and Other Restructuring Activities Program. The year ended December 31, 2018 includes costs primarily related to the Leadership Realignment and Other Restructuring Activities Program.

Schedule of Restructuring Reserve by Type of Cost

The following is a reconciliation of the beginning and ending reserve balances related to the Facility and Operational Efficiencies Program:

			Personnel-related costs						Facility-related costs						Total
Balance at December 31, 2019			$	9					$	5					$	14
Restructuring charges (1)			20						45						65
Costs paid or otherwise settled			(24)						(28)						(52)
Balance at December 31, 2020			$	5					$	22					$	27

_______________

(1)In addition, the Company incurred an additional $46 million of facility-related costs for lease asset impairments in connection with the Facility and Operational Efficiencies Program during the year ended December 31, 2020.

Schedule of Expected Restructuring Costs by Cost Type

The following table shows the total costs currently expected to be incurred by type of cost related to the Facility and Operational Efficiencies Program:

			Total amount expected to be incurred (1)						Amount incurred to date						Total amount remaining to be incurred (1)
Personnel-related costs			$	54					$	50					$	4
Facility-related costs			113						61						52
Other restructuring costs			1						1						—
Total			$	168					$	112					$	56

_______________

(1)Facility-related costs include potential lease asset impairments to be incurred under the Facility and Operational Efficiencies Program.

Schedule of Expected Restructuring Costs by Business Segment

The following table shows the total costs currently expected to be incurred by reportable segment related to the Facility and Operational Efficiencies Program:

			Total amount expected to be incurred						Amount incurred to date						Total amount remaining to be incurred
Realogy Franchise Group			$	31					$	28					$	3
Realogy Brokerage Group			83						60						23
Realogy Title Group			6						6						—
Corporate and Other			48						18						30
Total			$	168					$	112					$	56

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- Definition

Tabular disclosure of expected restructuring and related costs by business segment including expected costs to be incurred, the cumulative costs incurred as of the balance sheet date, and remaining costs to be incurred.

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- Definition

Tabular disclosure of costs incurred for restructuring including, but not limited to, exit and disposal activities, remediation, implementation, integration, asset impairment, and charges against earnings from the write-down of assets.

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Tabular disclosure of an entity's restructuring reserve that occurred during the period associated with the exit from or disposal of business activities or restructurings for each major type of cost. This element may also include a description of any reversal and other adjustment made during the period to the amount of an accrued liability for restructuring activities. This element may be used to encapsulate the roll forward presentations of an entity's restructuring reserve by type of cost and in total, and explanation of changes that occurred in the period.

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