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Short And Long-Term Debt Senior Secured Credit Facility (Details) - USD ($) | 9 Months Ended |  |  |  |  |
--- | --- | --- | --- | --- | --- | ---
Sep. 30, 2021 | Sep. 16, 2021 | Apr. 28, 2021 | Feb. 05, 2021 | Dec. 31, 2020 | Feb. 28, 2018
Debt Instrument [Line Items] |  |  |  |  |  |  |  |
Long-term debt principal amount |  | $ 3,044,000,000 |  |  |  |  |  |
Letter of Credit, borrowing capacity |  | $ 125,000,000 |  |  |  |  |  |
Maximum | Required Covenant Ratio |  |  |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |  |  |
Senior secured leverage ratio |  | 4.75 |  |  |  |  |  |
Ratio of Indebtedness to Net Capital Denominator |  | 1.00 |  |  |  |  |  |
LIBOR |  |  |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |  |  |
Description of variable interest rate basis |  | LIBOR |  |  |  |  |  |
ABR |  |  |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |  |  |
Description of variable interest rate basis |  | ABR |  |  |  |  |  |
Term Loan B |  |  |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |  |  |
Debt Instrument, Repurchase Amount |  |  |  | $ (238,000,000) | $ (150) | $ (655,000,000) |  |
Term Loan B | LIBOR |  |  |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |  |  |
Debt Instrument, Basis Spread on Variable Rate |  | 2.25% |  |  |  |  |  |
Debt Instrument, Basis Spread on Variable Rate, Floor |  | 0.75% |  |  |  |  |  |
Term Loan B | ABR |  |  |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |  |  |
Debt Instrument, Basis Spread on Variable Rate |  | 1.25% |  |  |  |  |  |
Debt Instrument, Basis Spread on Variable Rate, Floor |  | 1.75% |  |  |  |  |  |
Line of Credit | Revolving Credit Facility |  |  |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |  |  |
Line of credit facility borrowing capacity |  | $ 1,425,000,000 |  |  |  |  |  |
Line of Credit | Revolving Credit Facility | LIBOR | Greater than 3.50 to 1.00 |  |  |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |  |  |
Debt Instrument, Basis Spread on Variable Rate |  | 2.50% |  |  |  |  |  |
Line of Credit | Revolving Credit Facility | LIBOR | Less than or equal to 3.50 to 1.00 but greater than or equal to 2.50 to 1.00 |  |  |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |  |  |
Debt Instrument, Basis Spread on Variable Rate |  | 2.25% |  |  |  |  |  |
Line of Credit | Revolving Credit Facility | LIBOR | Less than 2.50 to 1.00 but greater than or equal to 2.00 to 1.00 |  |  |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |  |  |
Debt Instrument, Basis Spread on Variable Rate |  | 2.00% |  |  |  |  |  |
Line of Credit | Revolving Credit Facility | LIBOR | Less than 2.00 to 1.00 |  |  |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |  |  |
Debt Instrument, Basis Spread on Variable Rate |  | 1.75% |  |  |  |  |  |
Line of Credit | Revolving Credit Facility | ABR | Greater than 3.50 to 1.00 |  |  |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |  |  |
Debt Instrument, Basis Spread on Variable Rate |  | 1.50% |  |  |  |  |  |
Line of Credit | Revolving Credit Facility | ABR | Less than or equal to 3.50 to 1.00 but greater than or equal to 2.50 to 1.00 |  |  |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |  |  |
Debt Instrument, Basis Spread on Variable Rate |  | 1.25% |  |  |  |  |  |
Line of Credit | Revolving Credit Facility | ABR | Less than 2.50 to 1.00 but greater than or equal to 2.00 to 1.00 |  |  |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |  |  |
Debt Instrument, Basis Spread on Variable Rate |  | 1.00% |  |  |  |  |  |
Line of Credit | Revolving Credit Facility | ABR | Less than 2.00 to 1.00 |  |  |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |  |  |
Debt Instrument, Basis Spread on Variable Rate |  | 0.75% |  |  |  |  |  |
Line of Credit | Non-extended Revolving Credit Commitment |  |  |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |  |  |
Line of credit facility borrowing capacity | [1] | $ 477,000,000 |  |  |  |  |  |
Line of Credit | Extended Revolving Credit Commitment |  |  |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |  |  |
Line of credit facility borrowing capacity |  | $ 948,000,000 |  |  |  |  |  |
Secured Debt | Term Loan A |  |  |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |  |  |
Debt Instrument, Repurchase Amount |  |  |  |  |  | (250,000,000) |  |
Long-term debt principal amount |  |  |  |  |  |  |  | $ 750,000,000
Secured Debt | Term Loan A | LIBOR | Greater than 3.50 to 1.00 |  |  |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |  |  |
Debt Instrument, Basis Spread on Variable Rate |  | 2.50% |  |  |  |  |  |
Secured Debt | Term Loan A | LIBOR | Less than or equal to 3.50 to 1.00 but greater than or equal to 2.50 to 1.00 |  |  |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |  |  |
Debt Instrument, Basis Spread on Variable Rate |  | 2.25% |  |  |  |  |  |
Secured Debt | Term Loan A | LIBOR | Less than 2.50 to 1.00 but greater than or equal to 2.00 to 1.00 |  |  |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |  |  |
Debt Instrument, Basis Spread on Variable Rate |  | 2.00% |  |  |  |  |  |
Secured Debt | Term Loan A | LIBOR | Less than 2.00 to 1.00 |  |  |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |  |  |
Debt Instrument, Basis Spread on Variable Rate |  | 1.75% |  |  |  |  |  |
Secured Debt | Term Loan A | ABR | Greater than 3.50 to 1.00 |  |  |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |  |  |
Debt Instrument, Basis Spread on Variable Rate |  | 1.50% |  |  |  |  |  |
Secured Debt | Term Loan A | ABR | Less than or equal to 3.50 to 1.00 but greater than or equal to 2.50 to 1.00 |  |  |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |  |  |
Debt Instrument, Basis Spread on Variable Rate |  | 1.25% |  |  |  |  |  |
Secured Debt | Term Loan A | ABR | Less than 2.50 to 1.00 but greater than or equal to 2.00 to 1.00 |  |  |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |  |  |
Debt Instrument, Basis Spread on Variable Rate |  | 1.00% |  |  |  |  |  |
Secured Debt | Term Loan A | ABR | Less than 2.00 to 1.00 |  |  |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |  |  |
Debt Instrument, Basis Spread on Variable Rate |  | 0.75% |  |  |  |  |  |
Secured Debt | Term Loan B |  |  |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |  |  |
Long-term debt principal amount |  | $ 0 | [2] |  |  |  | $ 1,048,000,000 | $ 1,080,000,000
Annual percentage of original principal amount for quarterly amortization payments |  | 1.00% |  |  |  |  |  |
Secured Debt | Non-extended Term Loan A |  |  |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |  |  |
Debt Instrument, Repurchase Amount |  |  |  | $ (197,000,000) |  |  |  |
Long-term debt principal amount |  | $ 0 | [3],[4] |  |  |  | 684,000,000 |
Senior Notes | 5.75% Senior Notes |  |  |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |  |  |
Long-term debt principal amount |  | $ 900,000,000 | [5] |  |  | $ 900,000,000 | $ 0 |
Interest Rate |  | 5.75% |  |  |  |  |  |
[1] | Interest rates with respect to revolving loans under the Senior Secured Credit Facility at September 30, 2021 are 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 September 30, 2021.
[2] | 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. In September 2021, the Company used cash on hand to repay approximately $238 million in principal amount of outstanding borrowings under the Term Loan B Facility, representing all of the remaining Term Loan B due 2025. The Term Loan B Facility provided 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 was 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%).
[3] | In September 2021, the Company used cash on hand to repay approximately $197 million in principal amount of outstanding borrowings under the Term Loan A Facility, representing all of the remaining Non-extended Term Loan A due 2023. The Company was not required to make amortization payments on the Non-extended Term Loan A.
[4] | 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 September 30, 2021.
[5] | 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 Notes | June 15, 2022
4.875% Senior Notes | March 1, 2023
9.375% Senior Notes | April 1, 2022
5.75% Senior Notes | January 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.

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