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Segment Information | 6 Months Ended
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Jun. 30, 2021
Segment Reporting [Abstract] |
Segment Information | SEGMENT INFORMATION The reportable segments presented below represent the Company’s segments for which separate financial information is available and which is utilized on a regular basis by its chief operating decision maker to assess performance and to allocate resources. In identifying its reportable segments, the Company also considers the nature of services provided by its segments. Management evaluates the operating results of each of its reportable segments based upon revenue and Operating EBITDA. Operating EBITDA is defined by us as net income (loss) before depreciation and amortization, interest expense, net (other than relocation services interest for securitization assets and securitization obligations), income taxes, and other items that are not core to the operating activities of the Company such as restructuring charges, former parent legacy items, gains or losses on the early extinguishment of debt, impairments, gains or losses on discontinued operations and gains or losses on the sale of investments or other assets. The Company’s presentation of Operating EBITDA may not be comparable to similar measures used by other companies.
| Revenues (a)
| Three Months Ended June 30, |  | Six Months Ended June 30,
| 2021 |  | 2020 |  | 2021 |  | 2020
Realogy Franchise Group | $ | 347 |  |  | $ | 227 |  |  | $ | 601 |  |  | $ | 447 |
Realogy Brokerage Group | 1,791 |  |  | 933 |  |  | 2,962 |  |  | 1,802 |
Realogy Title Group | 255 |  |  | 160 |  |  | 456 |  |  | 297 |
Corporate and Other (b) | (117) |  |  | (65) |  |  | (196) |  |  | (123) |
Total Company | $ | 2,276 |  |  | $ | 1,255 |  |  | $ | 3,823 |  |  | $ | 2,423 |
_______________ (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 $117 million and $196 million for the three and six months ended June 30, 2021, respectively, and $65 million and $123 million for the three and six months ended June 30, 2020, respectively. Such amounts are eliminated through the Corporate and Other line. (b)Includes the elimination of transactions between segments.
| Operating EBITDA
| Three Months Ended June 30, |  | Six Months Ended June 30,
| 2021 |  | 2020 |  | 2021 |  | 2020
Realogy Franchise Group | $ | 224 |  |  | $ | 125 |  |  | $ | 365 |  |  | $ | 221 |
Realogy Brokerage Group | 70 |  |  | 15 |  |  | 65 |  |  | (36) |
Realogy Title Group | 55 |  |  | 61 |  |  | 116 |  |  | 73 |
Corporate and Other (a) | (39) |  |  | (26) |  |  | (74) |  |  | (51) |
Total Company | $ | 310 |  |  | $ | 175 |  |  | $ | 472 |  |  | $ | 207 |
Less: Depreciation and amortization | 51 |  |  | 46 |  |  | 102 |  |  | 91 |
Interest expense, net | 57 |  |  | 59 |  |  | 95 |  |  | 160 |
Income tax expense (benefit) | 60 |  |  | (5) |  |  | 77 |  |  | (146) |
Restructuring costs, net (b) | 5 |  |  | 18 |  |  | 10 |  |  | 30 |
Impairments (c) | 1 |  |  | 63 |  |  | 2 |  |  | 540 |
Former parent legacy cost, net (d) | 1 |  |  | — |  |  | 1 |  |  | — |
Loss on the early extinguishment of debt (d) | 1 |  |  | 8 |  |  | 18 |  |  | 8 |
Gain on the sale of a business (e) | (15) |  |  | — |  |  | (15) |  |  | — |
Net income (loss) attributable to Realogy Holdings and Realogy Group | $ | 149 |  |  | $ | (14) |  |  | $ | 182 |  |  | $ | (476) |
_______________ (a)Includes the elimination of transactions between segments. (b)The three months ended June 30, 2021 includes restructuring charges of $1 million at Realogy Franchise Group, $2 million at Realogy Brokerage Group and $2 million at Corporate and Other. The three months ended June 30, 2020 includes restructuring charges of $4 million at Realogy Franchise Group, $12 million at Realogy Brokerage Group and $2 million at Realogy Title Group. The six months ended June 30, 2021 includes restructuring charges of $3 million at Realogy Franchise Group, $4 million at Realogy Brokerage Group and $3 million at Corporate and Other. The six months ended June 30, 2020 includes restructuring charges of $6 million at Realogy Franchise Group, $21 million at Realogy Brokerage Group and $3 million at Realogy Title Group. (c)Impairments for the three and six months ended June 30, 2021 primarily relate to lease asset and software impairments. Non-cash impairments for the three months ended June 30, 2020 include $44 million of impairment charges during the three months ended June 30, 2020 (while Cartus Relocation Services was held for sale) to reduce the net assets to the estimated proceeds and other asset impairments of $19 million primarily related to lease asset impairments. Non-cash impairments for the six months ended June 30, 2020 include: •a goodwill impairment charge of $413 million related to Realogy Brokerage Group; •an impairment charge of $30 million related to Realogy Franchise Group's trademarks; •$74 million of impairment charges during the six months ended June 30, 2020 (while Cartus Relocation Services was held for sale) to reduce the net assets to the estimated proceeds; and •other asset impairments of $23 million primarily related to lease asset impairments. (d)Former parent legacy items and Loss on the early extinguishment of debt are recorded in Corporate and Other. (e)Gain on the sale of a business is recorded in Realogy Brokerage Group.

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- Definition The entire disclosure for reporting segments including data and tables. Reportable segments include those that meet any of the following quantitative thresholds a) it's reported revenue, including sales to external customers and intersegment sales or transfers is 10 percent or more of the combined revenue, internal and external, of all operating segments b) the absolute amount of its reported profit or loss is 10 percent or more of the greater, in absolute amount of 1) the combined reported profit of all operating segments that did not report a loss or 2) the combined reported loss of all operating segments that did report a loss c) its assets are 10 percent or more of the combined assets of all operating segments. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 31 -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8924-108599 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 34 -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8981-108599 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 21 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8721-108599 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 40 -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e9031-108599 Reference 5: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 32 -Subparagraph (f) -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8933-108599 Reference 6: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 32 -Subparagraph (e) -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8933-108599 Reference 7: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 26 -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8844-108599 Reference 8: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 41 -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e9038-108599 Reference 9: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 32 -Subparagraph (d) -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8933-108599 Reference 10: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8736-108599 Reference 11: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 42 -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e9054-108599 Reference 12: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 15 -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8657-108599 Reference 13: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 21 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8721-108599 Reference 14: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -URI http://asc.fasb.org/topic&trid=2134510 + Details
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