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Segment Information - Operating EBITDA (Details) - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Jun. 30, 2023
Jun. 30, 2022
Segment Reporting Information [Line Items]        
Operating EBITDA $ 126 $ 202 $ 74 $ 271
Depreciation and amortization 49 55 99 106
Interest expense, net 39 28 77 46
Income tax expense (benefit) 8 32 (38) 44
Restructuring costs, net [1],[2] 6 3 31 7
Impairments [3] 4 0 8 0
Former parent legacy cost, net [4] 1 0 17 0
Loss on the early extinguishment of debt [4] 0 0 0 92
Gain on the sale of businesses, investments or other assets, net [5] 0 (4) (1) (135)
Net income (loss) attributable to Anywhere and Anywhere Group 19 88 (119) 111
Franchise Group        
Segment Reporting Information [Line Items]        
Operating EBITDA 164 204 261 342
Restructuring costs, net   1 6 2
Owned Brokerage Group        
Segment Reporting Information [Line Items]        
Operating EBITDA (10) 11 (85) (29)
Restructuring costs, net 4 1 18 3
Title Group        
Segment Reporting Information [Line Items]        
Operating EBITDA 10 21 (7) 18
Restructuring costs, net 1   1  
Corporate and Other        
Segment Reporting Information [Line Items]        
Operating EBITDA [6] (38) (34) (95) (60)
Restructuring costs, net $ 1 $ 1 $ 6 $ 2
[1]
(b)The three months ended June 30, 2023 includes restructuring charges of $4 million at Owned Brokerage Group, $1 million at Title Group and $1 million at Corporate and Other.
The three months ended June 30, 2022 includes restructuring charges of $1 million at Franchise Group, $1 million at Owned Brokerage Group and $1 million at Corporate and Other.
The six months ended June 30, 2023 includes restructuring charges of $6 million at Franchise Group, $18 million at Owned Brokerage Group, $1 million at Title Group and $6 million at Corporate and Other.
The six months ended June 30, 2022 includes restructuring charges of $2 million at Franchise Group, $3 million at Owned Brokerage Group and $2 million at Corporate and Other.
[2] Restructuring charges for the three months ended June 30, 2023 include $5 million of expense related to the Operational Efficiencies Plan and $1 million of expense related to prior restructuring plans. Restructuring charges for the six months ended June 30, 2023 include $28 million of expense related to the Operational Efficiencies Plan and $3 million of expense related to prior restructuring plans. Restructuring charges for the three and six months ended June 30, 2022 related to prior restructuring plans.
[3] Impairments primarily relate to non-cash lease asset impairments.
[4] Former parent legacy items and Loss on the early extinguishment of debt are recorded in Corporate and Other. Former parent legacy cost relates to recent developments in a legacy tax matter in the first quarter of 2023.
[5] Gain on the sale of businesses, investments or other assets, net is recorded in Title Group and is related to the sale of the Title Underwriter and subsequent sales of a portion of the Company's ownership in the Title Insurance Underwriter Joint Venture.
[6] Includes the elimination of transactions between segments.