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Segment Information (Tables) | 12 Months Ended
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Dec. 31, 2021
Segment Reporting [Abstract] |
Revenues |
| Revenues (a)
| Year Ended December 31,
| 2021 |  | 2020 |  | 2019
Realogy Franchise Group | $ | 1,249 |  |  | $ | 1,059 |  |  | $ | 1,158 |
Realogy Brokerage Group | 6,189 |  |  | 4,742 |  |  | 4,409 |
Realogy Title Group | 952 |  |  | 736 |  |  | 596 |
Corporate and Other (b) | (407) |  |  | (316) |  |  | (293) |
Total Company | $ | 7,983 |  |  | $ | 6,221 |  |  | $ | 5,870 |
_______________ (a)Transactions between segments are eliminated in consolidation. Revenues for Realogy Franchise Group include intercompany royalties and marketing fees paid by Realogy Brokerage Group of $407 million, $316 million and $293 million for the years ended December 31, 2021, 2020 and 2019, respectively. Such amounts are eliminated through the Corporate and Other line. (b)Includes the elimination of transactions between segments.
Reconciliation of Operating EBITDA by Business segment to Net Income (Loss) | Set forth in the tables below is a reconciliation of Net income (loss) to Operating EBITDA and Operating EBITDA presented by reportable segment for the years ended December 31, 2021, 2020 and 2019:
| Year Ended December 31,
| 2021 |  | 2020 |  | 2019
Net income (loss) attributable to Realogy Holdings and Realogy Group | $ | 343 |  |  | $ | (360) |  |  | $ | (188) |
Income tax expense (benefit) | 133 |  |  | (104) |  |  | 14 |
Income (loss) before income taxes | 476 |  |  | (464) |  |  | (174) |
Add: Depreciation and amortization | 204 |  |  | 186 |  |  | 195 |
Interest expense, net | 190 |  |  | 246 |  |  | 250 |
Restructuring costs, net (a) | 17 |  |  | 67 |  |  | 52 |
Impairments (b) | 4 |  |  | 682 |  |  | 271 |
Former parent legacy cost, net (c) | 1 |  |  | 1 |  |  | 1 |
Loss (gain) on the early extinguishment of debt (c) | 21 |  |  | 8 |  |  | (5) |
Gain on the sale of business, net (d) | (11) |  |  | — |  |  | — |
Operating EBITDA | $ | 902 |  |  | $ | 726 |  |  | $ | 590 |
| Operating EBITDA
| Year Ended December 31,
| 2021 |  | 2020 |  | 2019
Realogy Franchise Group | $ | 751 |  |  | $ | 594 |  |  | $ | 616 |
Realogy Brokerage Group | 109 |  |  | 48 |  |  | 4 |
Realogy Title Group | 200 |  |  | 226 |  |  | 68 |
Corporate and Other (c)(e) | (158) |  |  | (142) |  |  | (98) |
Total Company | $ | 902 |  |  | $ | 726 |  |  | $ | 590 |
______________ (a)The year ended December 31, 2021 includes restructuring charges of $5 million at Realogy Franchise Group, $7 million at Realogy Brokerage Group and $5 million at Corporate and Other. The year ended December 31, 2020 includes restructuring charges of $15 million at Realogy Franchise Group, $37 million at Realogy Brokerage Group, $4 million at Realogy Title Group and $11 million at Corporate and Other. The year ended December 31, 2019 includes restructuring charges of $14 million at Realogy Franchise Group, $25 million at Realogy Brokerage Group, $3 million at Realogy Title Group and $10 million at Corporate and Other. (b)Non-cash impairments for the year ended December 31, 2021 primarily relate to software and lease asset impairments. Non-cash impairments for the year ended December 31, 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; •$133 million of impairment charges during the nine months ended September 30, 2020 (while Cartus Relocation Services was held for sale) to reduce the net assets to the estimated proceeds; •a goodwill impairment charge of $22 million related to Cartus Relocation Services; •an impairment charge of $34 million related to Cartus Relocation Services' trademarks; and •other asset impairments of $50 million primarily related to lease asset impairments. Non-cash impairments for the year ended December 31, 2019 include a goodwill impairment charge of $237 million related to Realogy Brokerage Group, 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 Relocation Services which was presented as held for sale at December 31, 2019 and $12 million of other impairment charges primarily related to lease asset impairments. (c)Former parent legacy items and Loss (gain) on the early extinguishment of debt are recorded in Corporate and Other. (d)Gain on the sale of business, net is primarily recorded in Realogy Brokerage Group. (e)Includes the elimination of transactions between segments.
Reconciliation of Depreciation and Amortization from Segments to Consolidated | Depreciation and Amortization
| Year Ended December 31,
| 2021 |  | 2020 |  | 2019
Realogy Franchise Group | $ | 112 |  |  | $ | 87 |  |  | $ | 104 |
Realogy Brokerage Group | 56 |  |  | 59 |  |  | 54 |
Realogy Title Group | 11 |  |  | 11 |  |  | 13 |
Corporate and Other | 25 |  |  | 29 |  |  | 24 |
Total Company | $ | 204 |  |  | $ | 186 |  |  | $ | 195 |
Segment Assets | Segment Assets
| As of December 31,
| 2021 |  | 2020
Realogy Franchise Group | $ | 4,821 |  |  | $ | 4,896 |
Realogy Brokerage Group | 1,021 |  |  | 932 |
Realogy Title Group | 724 |  |  | 659 |
Corporate and Other | 644 |  |  | 447 |
Total Company | $ | 7,210 |  |  | $ | 6,934 |
Reconciliation of Capital Expenditures from Segments to Consolidated | Capital Expenditures
| Year Ended December 31,
| 2021 |  | 2020 |  | 2019
Realogy Franchise Group | $ | 29 |  |  | $ | 27 |  |  | $ | 32 |
Realogy Brokerage Group | 43 |  |  | 39 |  |  | 56 |
Realogy Title Group | 13 |  |  | 9 |  |  | 10 |
Corporate and Other | 16 |  |  | 20 |  |  | 21 |
Total Company | $ | 101 |  |  | $ | 95 |  |  | $ | 119 |
Geographic Segment Information | The geographic segment information provided below is classified based on the geographic location of the Company’s subsidiaries.
| United States |  | All Other Countries |  | Total
On or for the year ended December 31, 2021 |  |  |  |  |
Net revenues | $ | 7,919 |  |  | $ | 64 |  |  | $ | 7,983 |
Total assets | 7,157 |  |  | 53 |  |  | 7,210 |
Net property and equipment | 309 |  |  | 1 |  |  | 310 |
On or for the year ended December 31, 2020 |  |  |  |  |
Net revenues | $ | 6,145 |  |  | $ | 76 |  |  | $ | 6,221 |
Total assets | 6,878 |  |  | 56 |  |  | 6,934 |
Net property and equipment | 316 |  |  | 1 |  |  | 317 |
On or for the year ended December 31, 2019 |  |  |  |  |
Net revenues | $ | 5,762 |  |  | $ | 108 |  |  | $ | 5,870 |
Total assets | 7,470 |  |  | 73 |  |  | 7,543 |
Net property and equipment | 341 |  |  | 1 |  |  | 342 |

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