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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Millions
 9 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Operating Activities    
Net income (loss) $ (64) $ 10
Adjustments to reconcile net (loss) income to net cash provided by operating activities:    
Depreciation and amortization 151 149
Deferred income taxes (17) (30)
Impairments [1] 9 11
Amortization of deferred financing costs and debt premium 6 6
Gain on the early extinguishment of debt (7) (169)
Loss on the sale of businesses, investments or other assets, net 0 2
Equity in earnings of unconsolidated entities (8) (7)
Stock-based compensation 12 12
Other adjustments to net (loss) income (3) (3)
Net change in assets and liabilities, excluding the impact of acquisitions and dispositions:    
Trade receivables (19) 65
Relocation receivables (61) 6
Other assets 69 71
Accounts payable, accrued expenses and other liabilities (18) 12
Dividends received from unconsolidated entities 2 3
Other, net (15) (13)
Net cash provided by operating activities 37 125
Investing Activities    
Property and equipment additions (54) (52)
Payments for acquisitions, net of cash acquired 0 (1)
Net proceeds from the sale of businesses 0 8
Investment in unconsolidated entities 0 (1)
Proceeds from the sale of investments in unconsolidated entities 0 6
Other, net 0 1
Net cash used in investing activities (54) (39)
Financing Activities    
Net change in Revolving Credit Facility 215 (50)
Repayment of Term Loan A Facility (194) 0
Proceeds from issuance of Senior Secured Second Lien Notes 0 640
Repurchases and redemption of Senior Notes (19) (688)
Amortization payments on term loan facilities (12) (11)
Net change in securitization obligations 33 7
Debt issuance costs 0 (13)
Cash paid for fees associated with early extinguishment of debt 0 (2)
Taxes paid related to net share settlement for stock-based compensation (3) (4)
Other, net (17) (25)
Net cash provided by (used in) financing activities 3 (146)
Effect of changes in exchange rates on cash, cash equivalents and restricted cash 1 0
Net decrease in cash, cash equivalents and restricted cash (13) (60)
Cash, cash equivalents and restricted cash, beginning of period 119 218
Cash, cash equivalents and restricted cash, end of period 106 158
Supplemental Disclosure of Cash Flow Information    
Payments to Acquire Retained Interest in Securitized Receivables 8 10
Interest Paid, Excluding Capitalized Interest, Operating Activities 111 135
Income tax payments, net $ 1 $ 4
[1] Non-cash impairments primarily related to leases and other assets.