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Restructuring Costs (Details) - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Jun. 30, 2024
Jun. 30, 2023
Restructuring Reserve [Roll Forward]        
Restructuring costs, net [1],[2] $ 7 $ 6 $ 18 $ 31
Corporate, Non-Segment        
Restructuring Reserve [Roll Forward]        
Restructuring costs, net 3 1 7 6
Operational Efficiencies Program        
Restructuring Reserve [Roll Forward]        
Balance at December 31, 2023     14  
Restructuring costs, net 6 5 16 [3] 28
Costs paid or otherwise settled     (15)  
Balance at June 30, 2024 15   15  
Restructuring and Related Cost, Expected Cost [Abstract]        
Total amount expected to be incurred 88   88  
Amount incurred to date 79   79  
Total amount remaining to be incurred 9   9  
Operational Efficiencies Program | Corporate, Non-Segment        
Restructuring and Related Cost, Expected Cost [Abstract]        
Total amount expected to be incurred 12   12  
Amount incurred to date 12   12  
Total amount remaining to be incurred 0   0  
Operational Efficiencies Program | Franchise Group        
Restructuring and Related Cost, Expected Cost [Abstract]        
Total amount expected to be incurred 16   16  
Amount incurred to date 16   16  
Total amount remaining to be incurred 0   0  
Operational Efficiencies Program | Owned Brokerage Group        
Restructuring and Related Cost, Expected Cost [Abstract]        
Total amount expected to be incurred 54   54  
Amount incurred to date 46   46  
Total amount remaining to be incurred 8   8  
Operational Efficiencies Program | Title Group        
Restructuring and Related Cost, Expected Cost [Abstract]        
Total amount expected to be incurred 6   6  
Amount incurred to date 5   5  
Total amount remaining to be incurred 1   1  
Prior restructuring programs        
Restructuring Reserve [Roll Forward]        
Balance at December 31, 2023     9  
Restructuring costs, net 1 1 2 3
Costs paid or otherwise settled     (2)  
Balance at June 30, 2024 9   9  
Restructuring and Related Cost, Expected Cost [Abstract]        
Total amount remaining to be incurred 17   17  
Personnel Related        
Restructuring Reserve [Roll Forward]        
Restructuring costs, net [4] 5 2 10 13
Personnel Related | Operational Efficiencies Program        
Restructuring Reserve [Roll Forward]        
Balance at December 31, 2023     10  
Restructuring costs, net [3]     10  
Costs paid or otherwise settled     (8)  
Balance at June 30, 2024 12   12  
Restructuring and Related Cost, Expected Cost [Abstract]        
Total amount expected to be incurred 47   47  
Amount incurred to date 45   45  
Total amount remaining to be incurred 2   2  
Facility Related        
Restructuring Reserve [Roll Forward]        
Restructuring costs, net [5] 2 $ 4 8 $ 18
Facility Related | Operational Efficiencies Program        
Restructuring Reserve [Roll Forward]        
Balance at December 31, 2023     4  
Restructuring costs, net [3]     6  
Costs paid or otherwise settled     (7)  
Balance at June 30, 2024 3   3  
Other Asset Impairment Charges     6  
Restructuring and Related Cost, Expected Cost [Abstract]        
Total amount expected to be incurred 41   41  
Amount incurred to date 34   34  
Total amount remaining to be incurred $ 7   $ 7  
[1]
(b)The three months ended June 30, 2024 includes restructuring charges of $2 million at Franchise Group, $1 million at Owned Brokerage Group, $1 million at Title Group and $3 million at Corporate and Other.
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 six months ended June 30, 2024 includes restructuring charges of $3 million at Franchise Group, $7 million at Owned Brokerage Group, $1 million at Title Group and $7 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.
[2] Restructuring charges for the three months ended June 30, 2024 include $6 million of expense related to the Operational Efficiencies Plan and $1 million of expense related to prior restructuring plans.
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, 2024 include $16 million of expense related to the Operational Efficiencies Plan and $2 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.
[3] In addition, the Company incurred $6 million of facility-related costs for lease asset impairments in connection with the Plan during the six months ended June 30, 2024.
[4] Personnel-related costs consist of severance costs provided to employees who have been terminated.
[5] Facility-related costs consist of costs associated with planned facility closures such as contract termination costs, amortization of lease assets that will continue to be incurred under the contract for its remaining term without economic benefit to the Company, accelerated depreciation on asset disposals and other facility and employee relocation related costs.