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Segment Information | 3 Months Ended
--- | ---
Mar. 31, 2024
Segment Reporting [Abstract] |
Segment Information | SEGMENT INFORMATION The reportable segments presented represent those for which the Company maintains separate financial information regularly reviewed and utilized by its chief operating decision maker for performance assessment and resource allocation. The classification of reportable segments also considers the distinctive nature of services offered by each segment. Management's evaluation of individual reportable segment performance centers on two key metrics: revenue and Operating EBITDA. Operating EBITDA is defined as net income (loss) adjusted for depreciation and amortization, interest expense, net (excluding relocation services interest for securitization assets and securitization obligations), income taxes, and certain non-core items. Non-core items include restructuring charges, former parent legacy items, gains or losses on the early extinguishment of debt, impairments, and gains or losses on discontinued operations or the sale of businesses, investments, or other assets. The Company’s presentation of Operating EBITDA may not align with similar measures employed by other entities. Variations may arise due to differences in the inclusion or exclusion of specific items and the interpretation of non-core elements within the calculation. This disclosure provides insight into the Company's approach to segment reporting and the metrics pivotal to its strategic decision-making processes.
| Revenues (a)
| Three Months Ended March 31,
| 2024 |  | 2023
Franchise Group | $ | 200 |  |  | $ | 207 |
Owned Brokerage Group | 919 |  |  | 915 |
Title Group | 71 |  |  | 72 |
Corporate and Other (b) | (64) |  |  | (63) |
Total Company | $ | 1,126 |  |  | $ | 1,131 |
_______________ (a)Transactions between segments are eliminated in consolidation. Revenues for Franchise Group include intercompany royalties and marketing fees paid by Owned Brokerage Group of $64 million and $63 million for the three months ended March 31, 2024 and 2023, respectively. Such amounts are eliminated through the Corporate and Other line. (b)Includes the elimination of transactions between segments. Set forth in the table below is Operating EBITDA presented by reportable segment and a reconciliation to Net loss attributable to Anywhere and Anywhere Group for the three months ended March 31, 2024 and 2023:
| Operating EBITDA
| Three Months Ended March 31,
| 2024 |  | 2023
Franchise Group | $ | 89 |  |  | $ | 97 |
Owned Brokerage Group | (59) |  |  | (75) |
Title Group | (15) |  |  | (17) |
Corporate and Other (a) | (32) |  |  | (57) |
Total Company | $ | (17) |  |  | $ | (52) |
Less: Depreciation and amortization | 55 |  |  | 50 |
Interest expense, net | 39 |  |  | 38 |
Income tax benefit | (28) |  |  | (46) |
Restructuring costs, net (b) | 11 |  |  | 25 |
Impairments (c) | 6 |  |  | 4 |
Former parent legacy cost, net (d) | 1 |  |  | 16 |
Gain on the sale of businesses, investments or other assets, net | — |  |  | (1) |
Net loss attributable to Anywhere and Anywhere Group | $ | (101) |  |  | $ | (138) |
_______________ (a)Includes the elimination of transactions between segments. (b)The three months ended March 31, 2024 includes restructuring charges of $1 million at Franchise Group, $6 million at Owned Brokerage Group and $4 million at Corporate and Other. The three months ended March 31, 2023 includes restructuring charges of $6 million at Franchise Group, $14 million at Owned Brokerage Group and $5 million at Corporate and Other. (c)Non-cash impairments primarily related to leases and other assets. (d)Former parent legacy cost is recorded in Corporate and Other and relates to a legacy tax matter.

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- Definition The entire disclosure for reporting segments including data and tables. Reportable segments include those that meet any of the following quantitative thresholds a) it's reported revenue, including sales to external customers and intersegment sales or transfers is 10 percent or more of the combined revenue, internal and external, of all operating segments b) the absolute amount of its reported profit or loss is 10 percent or more of the greater, in absolute amount of 1) the combined reported profit of all operating segments that did not report a loss or 2) the combined reported loss of all operating segments that did report a loss c) its assets are 10 percent or more of the combined assets of all operating segments. + References Reference 1: http://www.xbrl.org/2003/role/exampleRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 55 -Paragraph 48 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482785/280-10-55-48 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards 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