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Goodwill and Intangible Assets (Tables)
12 Months Ended
Dec. 31, 2024
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Goodwill [Table Text Block]
Changes in the carrying amount of Goodwill and Accumulated impairment losses by reportable segment is as follows:
Franchise GroupOwned Brokerage GroupTitle
Group
Total Company
Goodwill (gross) at December 31, 2022
$3,953 $1,088 $455 $5,496 
Goodwill acquired (a)— — 
Goodwill reduction— — — — 
Goodwill (gross) at December 31, 2023
3,953 1,089 455 5,497 
Accumulated impairment losses at December 31, 2022
(1,561)(1,088)(324)(2,973)
Goodwill impairment(25)— — (25)
Accumulated impairment losses at December 31, 2023
(1,586)(1,088)(324)(2,998)
Goodwill (net) at December 31, 2023
$2,367 $$131 $2,499 
Goodwill (gross) at December 31, 2023
$3,953 $1,089 $455 $5,497 
Goodwill acquired
— — — — 
Goodwill reduction— — — — 
Goodwill (gross) at December 31, 2024
3,953 1,089 455 5,497 
Accumulated impairment losses at December 31, 2023
(1,586)(1,088)(324)(2,998)
Goodwill impairment— — — — 
Accumulated impairment losses at December 31, 2024 (b)
(1,586)(1,088)(324)(2,998)
Goodwill (net) at December 31, 2024
$2,367 $$131 $2,499 
_______________
(a)Goodwill acquired during the year ended December 31, 2023 relates to the acquisition of one real estate brokerage operation.
(b)Includes impairment charges which reduced goodwill by $25 million during 2023, $394 million during 2022, $540 million during 2020, $253 million during 2019, $1,279 million during 2008 and $507 million during 2007.
Schedule of Finite-Lived and Indefinite-Lived Intangible Assets by Major Class [Table Text Block]
Intangible assets are as follows:
 As of December 31, 2024As of December 31, 2023
 Gross
Carrying
Amount
Accumulated
Amortization
Net
Carrying
Amount
Gross
Carrying
Amount
Accumulated
Amortization
Net
Carrying
Amount
Amortizable—Franchise agreements (a)$2,010 $1,189 $821 $2,010 $1,123 $887 
Indefinite life—Trademarks (b)$584 $584 $586 $586 
Other Intangibles
Amortizable—License agreements (c)$45 $17 $28 $45 $16 $29 
Amortizable—Customer relationships (d)449 401 48 454 385 69 
Indefinite life—Title plant shares (e)30 30 28 28 
Amortizable—Other (f) — 
Total Other Intangibles$528 $422 $106 $534 $407 $127 
_______________
(a)Generally amortized over a period of 30 years.
(b)Primarily related to real estate franchise, title and relocation trademarks which are expected to generate future cash flows for an indefinite period of time. The year ended December 31, 2024 includes $2 million reduction for the sale of a business.
(c)Relates to the Sotheby’s International Realty® and Better Homes and Gardens® Real Estate agreements which are being amortized over 50 years (the contractual term of the license agreements).
(d)Relates to the customer relationships which are being amortized over a period of 10 to 20 years.
(e)Ownership in a title plant is required to transact title insurance in certain states. The Company expects to generate future cash flows for an indefinite period of time.
(f)Consists of covenants not to compete which are amortized over their contract lives and other intangibles which are generally amortized over periods ranging from 3 to 5 years.
Schedule of Finite-Lived Intangible Assets, Amortization Expense [Table Text Block]
Intangible asset amortization expense is as follows:
 For the Year Ended December 31,
 202420232022
Franchise agreements$66 $67 $67 
License agreements
Customer relationships21 21 21 
Other
Total$89 $90 $96