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Short And Long-Term Debt Indebtedness Table (Details) - USD ($)
 6 Months Ended
Jun. 30, 2021
Aug. 02, 2021
Jun. 02, 2021
Apr. 28, 2021
Feb. 05, 2021
Jan. 27, 2021
Jan. 11, 2021
Dec. 31, 2020
Feb. 28, 2018
Principal Amount                  
Long-term debt principal amount $ 3,480,000,000                
Securitization obligations 147,000,000             $ 106,000,000  
Unamortized Discount (Premium) and Debt Issuance Costs                  
Debt Instrument, Unamortized Discount (Premium) and Debt Issuance Costs, Net 105,000,000                
Net Amount                  
Outstanding borrowings, long-term debt 3,375,000,000                
Securitization obligations $ 147,000,000             106,000,000  
LIBOR                  
Net Amount                  
Description of variable interest rate basis LIBOR                
ABR                  
Net Amount                  
Description of variable interest rate basis ABR                
Term Loan B                  
Net Amount                  
Debt Instrument, Repurchase Amount       $ (150) $ (655,000,000)        
Term Loan B | LIBOR                  
Net Amount                  
Debt Instrument, Basis Spread on Variable Rate 2.25%                
Debt Instrument, Basis Spread on Variable Rate, Floor 0.75%                
Term Loan B | ABR                  
Net Amount                  
Debt Instrument, Basis Spread on Variable Rate 1.25%                
Debt Instrument, Basis Spread on Variable Rate, Floor 1.75%                
Secured Debt | Term Loan B                  
Principal Amount                  
Long-term debt principal amount $ 237,000,000 [1]             1,048,000,000 $ 1,080,000,000
Unamortized Discount (Premium) and Debt Issuance Costs                  
Debt Instrument, Unamortized Discount (Premium) and Debt Issuance Costs, Net [1] 2,000,000                
Net Amount                  
Outstanding borrowings, long-term debt $ 235,000,000 [1]             1,036,000,000  
Annual percentage of original principal amount for quarterly amortization payments 1.00%                
Secured Debt | Term Loan A                  
Principal Amount                  
Long-term debt principal amount             $ 434,000,000   $ 750,000,000
Net Amount                  
Debt Instrument, Repurchase Amount         (250,000,000)        
Secured Debt | Term Loan A | LIBOR | Less than 2.00 to 1.00                  
Net Amount                  
Debt Instrument, Basis Spread on Variable Rate 1.75%                
Secured Debt | Term Loan A | ABR | Less than 2.00 to 1.00                  
Net Amount                  
Debt Instrument, Basis Spread on Variable Rate 0.75%                
Secured Debt | Non-extended Term Loan A                  
Principal Amount                  
Long-term debt principal amount $ 197,000,000 [2],[3]             684,000,000  
Unamortized Discount (Premium) and Debt Issuance Costs                  
Debt Instrument, Unamortized Discount (Premium) and Debt Issuance Costs, Net [2],[3] 1,000,000                
Net Amount                  
Outstanding borrowings, long-term debt 196,000,000 [2],[3]             681,000,000  
Secured Debt | Extended Term Loan A                  
Principal Amount                  
Long-term debt principal amount 236,000,000 [2],[4],[5]         $ 237,000,000   0  
Unamortized Discount (Premium) and Debt Issuance Costs                  
Debt Instrument, Unamortized Discount (Premium) and Debt Issuance Costs, Net [2],[4],[5] 1,000,000                
Net Amount                  
Outstanding borrowings, long-term debt $ 235,000,000 [2],[4],[5]             0  
Secured Debt | Extended Term Loan A | June 2021 to March 2022                  
Net Amount                  
Quarterly percentage of original principal amount for quarterly amortization payments 0.625%                
Secured Debt | Extended Term Loan A | June 2022 to March 2023                  
Net Amount                  
Quarterly percentage of original principal amount for quarterly amortization payments 1.25%                
Secured Debt | Extended Term Loan A | June 2023 to March 2024                  
Net Amount                  
Quarterly percentage of original principal amount for quarterly amortization payments 1.875%                
Secured Debt | Extended Term Loan A | June 2024 and thereafter                  
Net Amount                  
Quarterly percentage of original principal amount for quarterly amortization payments 2.50%                
Secured Debt | 7.625% Senior Secured Second Lien Notes                  
Principal Amount                  
Long-term debt principal amount $ 550,000,000 [6]             550,000,000  
Unamortized Discount (Premium) and Debt Issuance Costs                  
Debt Instrument, Unamortized Discount (Premium) and Debt Issuance Costs, Net [6] 9,000,000                
Net Amount                  
Outstanding borrowings, long-term debt $ 541,000,000 [6]             540,000,000  
Interest Rate 7.625%                
Senior Notes | 4.875% Senior Notes                  
Principal Amount                  
Long-term debt principal amount $ 407,000,000 [6]             407,000,000  
Unamortized Discount (Premium) and Debt Issuance Costs                  
Debt Instrument, Unamortized Discount (Premium) and Debt Issuance Costs, Net [6] 1,000,000                
Net Amount                  
Outstanding borrowings, long-term debt $ 406,000,000 [6]             406,000,000  
Interest Rate 4.875%                
Senior Notes | 9.375% Senior Notes                  
Principal Amount                  
Long-term debt principal amount $ 550,000,000 [6]             550,000,000  
Unamortized Discount (Premium) and Debt Issuance Costs                  
Debt Instrument, Unamortized Discount (Premium) and Debt Issuance Costs, Net [6] 6,000,000                
Net Amount                  
Outstanding borrowings, long-term debt $ 544,000,000 [6]             544,000,000  
Interest Rate 9.375%                
Senior Notes | 5.75% Senior Notes                  
Principal Amount                  
Long-term debt principal amount $ 900,000,000 [6]       $ 900,000,000     0  
Unamortized Discount (Premium) and Debt Issuance Costs                  
Debt Instrument, Unamortized Discount (Premium) and Debt Issuance Costs, Net [6] 2,000,000                
Net Amount                  
Outstanding borrowings, long-term debt $ 898,000,000 [6]             0  
Interest Rate 5.75%                
Convertible Debt | 0.25% Exchangeable Senior Notes                  
Principal Amount                  
Long-term debt principal amount $ 403,000,000   $ 403,000,000         0  
Unamortized Discount (Premium) and Debt Issuance Costs                  
Debt Instrument, Unamortized Discount (Premium) and Debt Issuance Costs, Net 83,000,000                
Net Amount                  
Outstanding borrowings, long-term debt $ 320,000,000   $ 319,000,000         0  
Interest Rate 0.25%                
Line of Credit | Non-extended Revolving Credit Commitment                  
Principal Amount                  
Line of credit facility outstanding $ 0 [7],[8]             0  
Net Amount                  
Outstanding borrowings, short-term debt, line of credit facility 0 [7],[8]             0  
Total capacity, short-term debt, line of credit facility [7] 477,000,000                
Line of credit facility outstanding 0 [7],[8]             0  
Line of Credit | Extended Revolving Credit Commitment                  
Principal Amount                  
Line of credit facility outstanding 0 [5],[7],[8]             0  
Net Amount                  
Outstanding borrowings, short-term debt, line of credit facility 0 [5],[7],[8]             0  
Total capacity, short-term debt, line of credit facility 948,000,000         $ 948,000,000      
Line of credit facility outstanding 0 [5],[7],[8]             0  
Line of Credit | Revolving Credit Facility                  
Net Amount                  
Total capacity, short-term debt, line of credit facility $ 1,425,000,000                
Line of Credit | Revolving Credit Facility | LIBOR | Less than 2.00 to 1.00                  
Net Amount                  
Debt Instrument, Basis Spread on Variable Rate 1.75%                
Line of Credit | Revolving Credit Facility | ABR | Less than 2.00 to 1.00                  
Net Amount                  
Debt Instrument, Basis Spread on Variable Rate 0.75%                
Letter of Credit | Revolving Credit Facility                  
Principal Amount                  
Line of credit facility outstanding $ 42,000,000                
Net Amount                  
Outstanding borrowings, short-term debt, line of credit facility 42,000,000                
Line of credit facility outstanding 42,000,000                
Securitization obligation                  
Unamortized Discount (Premium) and Debt Issuance Costs                  
Debt Instrument, Unamortized Discount (Premium) and Debt Issuance Costs, Net 0                
Securitization obligation | Apple Ridge Funding LLC                  
Principal Amount                  
Securitization obligations 145,000,000 [9],[10]             102,000,000  
Net Amount                  
Securitization obligations 145,000,000 [9],[10]             102,000,000  
Total capacity, securitization obligations 200,000,000                
Debt Instrument, Unused Borrowing Capacity, Amount 55,000,000                
Securitization obligation | Cartus Financing Limited                  
Principal Amount                  
Securitization obligations 2,000,000 [9],[11]             4,000,000  
Net Amount                  
Securitization obligations 2,000,000 [9],[11]             $ 4,000,000  
Total capacity, securitization obligations 21,000,000                
Debt Instrument, Unused Borrowing Capacity, Amount $ 19,000,000                
Subsequent Event | Line of Credit | Revolving Credit Facility                  
Principal Amount                  
Line of credit facility outstanding [7]   $ 0              
Net Amount                  
Outstanding borrowings, short-term debt, line of credit facility [7]   0              
Line of credit facility outstanding [7]   0              
Subsequent Event | Letter of Credit | Revolving Credit Facility                  
Principal Amount                  
Line of credit facility outstanding   42,000,000              
Net Amount                  
Outstanding borrowings, short-term debt, line of credit facility   42,000,000              
Line of credit facility outstanding   $ 42,000,000              
[1] In January and February 2021, we used a portion of the proceeds from the issuance of 5.75% Senior Notes to pay down $655 million of outstanding borrowings under the Term Loan B Facility. In April 2021, the Company used cash on hand to pay down $150 million of outstanding borrowings under the Term Loan B Facility. The Term Loan B Facility provides for quarterly amortization payments totaling 1% per annum of the $1,080 million original principal amount. The interest rate with respect to term loans under the Term Loan B Facility is based on, at the Company’s option, (a) adjusted LIBOR plus 2.25% (with a LIBOR floor of 0.75%) or (b) ABR plus 1.25% (with an ABR floor of 1.75%).
[2] In January 2021, prior to the effective date of the 2021 Amendments, we used a portion of the proceeds from the issuance of 5.75% Senior Notes to pay down $250 million of outstanding borrowings under the Term Loan A Facility. The interest rates with respect to each of the Non-extended Term Loan A and Extended Term Loan A are based on, at the Company's option, (a) adjusted LIBOR plus an additional margin or (b) ABR plus an additional margin, in each case subject to adjustment based on the then current senior secured leverage ratio. Based on the previous quarter's senior secured leverage ratio, the LIBOR margin was 1.75% and the ABR margin was 0.75% for the three months ended June 30, 2021.
[3] The Company is not required to make amortization payments on the Non-extended Term Loan A. The balance of the Non-Extended Term Loan A is due at maturity on February 8, 2023.
[4] The Extended Term Loan A has quarterly amortization payments, commencing with the quarter ending June 30, 2021, equal to a percentage per quarter of the $237 million principal amount of the Extended Term Loan A outstanding on January 27, 2021 (the effective date of the 2021 Amendments), as follows: 0.625% per quarter from June 30, 2021 to March 31, 2022; 1.25% per quarter from June 30, 2022 to March 31, 2023; 1.875% per quarter from June 30, 2023 to March 31, 2024; and 2.50% per quarter for periods ending on or after June 30, 2024, with the balance of the Extended Term Loan A due at maturity on February 8, 2025.
[5] The maturity date of each of the Extended Revolving Credit Commitment and Extended Term Loan A may spring forward to a date prior to February 2025 as follows: (i) if on or before March 2, 2023, the 4.875% Senior Notes have not been extended, refinanced or replaced to have a maturity date after May 10, 2025 (or are not otherwise discharged, defeased or repaid by March 2, 2023), the maturity date of the Extended Revolving Credit Commitment and Extended Term Loan A Facility will be March 2, 2023; and (ii) if on or before November 9, 2024, the Term Loan B Facility under the Senior Secured Credit Agreement is not extended, refinanced or replaced to have a maturity date after May 10, 2025 (or otherwise repaid prior to November 9, 2024), the maturity date of the Extended Revolving Credit Commitment and Extended Term Loan A Facility will be November 9, 2024
[6] Realogy Group may redeem all or a portion of the Unsecured Notes or 7.625% Senior Secured Second Lien Notes, as applicable, at the redemption price set forth in the applicable indenture governing such notes, commencing on the following dates:
Date
7.625% Senior Secured Second Lien NotesJune 15, 2022
4.875% Senior NotesMarch 1, 2023
9.375% Senior NotesApril 1, 2022
5.75% Senior NotesJanuary 15, 2024
Prior to the dates noted above, Realogy Group may redeem the applicable notes at their option, in whole or in part, at a redemption price equal to 100% of the principal amount of such notes redeemed plus a "make-whole" premium as set forth in the applicable indenture governing such notes. In addition, prior to the dates noted above, we may redeem up to 40% of the notes (other than the 4.875% Senior Notes) from the proceeds of certain equity offerings as set forth in the applicable indenture governing such notes. See below under the header "Exchangeable Senior Notes" for information on certain redemption features of the Exchangeable Senior Notes.
[7] Interest rates with respect to revolving loans under the Senior Secured Credit Facility at June 30, 2021 were based on, at the Company's option, (a) adjusted London Interbank Offering Rate ("LIBOR") plus an additional margin or (b) JP Morgan Chase Bank, N.A.'s prime rate ("ABR") plus an additional margin, in each case subject to adjustment based on the then current senior secured leverage ratio. Based on the previous quarter's senior secured leverage ratio, the LIBOR margin was 1.75% and the ABR margin was 0.75% for the three months ended June 30, 2021.
[8] The available capacity under the Non-extended Revolving Credit Commitment is $477 million, while the available capacity under the Extended Revolving Credit Commitment is $948 million. As of June 30, 2021, there were no outstanding borrowings under either the Non-extended Revolving Credit Commitment or Extended Revolving Credit Commitment and $42 million of outstanding undrawn letters of credit. The Non-extended Revolving Credit Commitment expires in February 2023 and, subject to earlier spring maturity described in footnote (3), the Extended Revolving Credit Commitment expires in February 2025, but in each instance, amounts outstanding would be classified on the balance sheet as current due to the revolving nature and terms and conditions of the facilities. On August 2, 2021, the Company had no outstanding borrowings under the Revolving Credit Facility and $42 million of outstanding undrawn letters of credit
[9] Available capacity is subject to maintaining sufficient relocation related assets to collateralize these securitization obligations.
[10] In June 2021, Realogy Group extended the existing Apple Ridge Funding LLC securitization program utilized by Cartus until June 2022. As of June 30, 2021, the Company had $200 million of borrowing capacity under the Apple Ridge Funding LLC securitization program leaving $55 million of available capacity.
[11] Consists of a £10 million revolving loan facility and a £5 million working capital facility. As of June 30, 2021, the Company had $21 million of borrowing capacity under the Cartus Financing Limited securitization program leaving $19 million of available capacity