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Segment Information (Notes)
12 Months Ended
Dec. 31, 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)
 Year Ended December 31,
 202120202019
Realogy Franchise Group$1,249 $1,059 $1,158 
Realogy Brokerage Group6,189 4,742 4,409 
Realogy Title Group952 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.
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,
 202120202019
Net income (loss) attributable to Realogy Holdings and Realogy Group$343 $(360)$(188)
Income tax expense (benefit)133 (104)14 
Income (loss) before income taxes476 (464)(174)
Add: Depreciation and amortization204 186 195 
Interest expense, net190 246 250 
Restructuring costs, net (a)17 67 52 
Impairments (b)682 271 
Former parent legacy cost, net (c)
Loss (gain) on the early extinguishment of debt (c)21 (5)
Gain on the sale of business, net (d)(11)— — 
Operating EBITDA$902 $726 $590 

 Operating EBITDA
 Year Ended December 31,
 202120202019
Realogy Franchise Group$751 $594 $616 
Realogy Brokerage Group109 48 
Realogy Title Group200 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.
Depreciation and Amortization
 Year Ended December 31,
 202120202019
Realogy Franchise Group$112 $87 $104 
Realogy Brokerage Group56 59 54 
Realogy Title Group11 11 13 
Corporate and Other25 29 24 
Total Company$204 $186 $195 
Segment Assets
 As of December 31,
 20212020
Realogy Franchise Group$4,821 $4,896 
Realogy Brokerage Group1,021 932 
Realogy Title Group724 659 
Corporate and Other644 447 
Total Company$7,210 $6,934 
Capital Expenditures
 Year Ended December 31,
 202120202019
Realogy Franchise Group$29 $27 $32 
Realogy Brokerage Group43 39 56 
Realogy Title Group13 10 
Corporate and Other16 20 21 
Total Company$101 $95 $119 
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 assets7,157 53 7,210 
Net property and equipment309 310 
On or for the year ended December 31, 2020
Net revenues$6,145 $76 $6,221 
Total assets6,878 56 6,934 
Net property and equipment316 317 
On or for the year ended December 31, 2019
Net revenues$5,762 $108 $5,870 
Total assets7,470 73 7,543 
Net property and equipment341 342