Earnings (Loss) Per Share (Tables)

12 Months Ended

Dec. 31, 2021

Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]

The following table sets forth the computation of basic and diluted earnings (loss) per share:


	Year Ended December 31,
(in millions, except per share data)	2021		2020		2019
Numerator:
Net income (loss) attributable to Realogy Holdings shareholders	$	343	$	(360)	$	(188)
Denominator:
Weighted average common shares outstanding (denominator for basic earnings (loss) per share calculation)	116.4		115.2		114.2
Dilutive effect of stock-based compensation awards (a) (b)	3.8		—		—
Dilutive effect of Exchangeable Senior Notes and warrants (c)	—
Weighted average common shares outstanding (denominator for diluted earnings (loss) per share calculation)	120.2		115.2		114.2
Earnings (loss) per share attributable to Realogy Holdings shareholders:
Basic earnings (loss) per share	$	2.95	$	(3.13)	$	(1.65)
Diluted earnings (loss) per share	$	2.85	$	(3.13)	$	(1.65)

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(a)The year ended December 31, 2021 excludes 3.7 million shares of common stock issuable for incentive equity awards which includes performance share units based on the achievement of target amounts, that are anti-dilutive to the diluted earnings per share computation.

(b)The Company was in a net loss position for the years ended December 31, 2020 and December 31, 2019, and therefore the impact of incentive equity awards were excluded from the computation of dilutive loss per share as the inclusion of such amounts would be anti-dilutive.

(c)Shares to be provided to the Company from the exchangeable note hedge transactions purchased concurrently with its issuance of Exchangeable Senior Notes in June 2021 are anti-dilutive and therefore they are not treated as a reduction to its dilutive shares.