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v3.25.2

Restructuring Costs (Details) - USD ($) $ in Millions | 3 Months Ended | 6 Months Ended
--- | --- | ---
Jun. 30, 2025 | Jun. 30, 2024 | Jun. 30, 2025 | Jun. 30, 2024
Restructuring Reserve [Roll Forward] |  |  |  |  |  |
Restructuring costs, net | [1] | $ 12 | $ 7 | $ 24 |  | $ 18
Reimagine25 Program |  |  |  |  |  |
Restructuring Reserve [Roll Forward] |  |  |  |  |  |
Balance at December 31, 2024 |  |  |  | 0 |  |
Restructuring costs, net |  | 11 |  | 19 | [2] |
Costs paid or otherwise settled |  |  |  | (9) |  |
Balance at June 30, 2025 |  | 10 |  | 10 |  |
Restructuring and Related Cost, Expected Cost [Abstract] |  |  |  |  |  |
Total amount expected to be incurred |  | 36 |  | 36 |  |
Amount incurred to date |  | 21 |  | 21 |  |
Total amount remaining to be incurred |  | 15 |  | 15 |  |
Reimagine25 Program | Segment Reporting, Reconciling Item, Corporate Non-Segment |  |  |  |  |  |
Restructuring and Related Cost, Expected Cost [Abstract] |  |  |  |  |  |
Total amount expected to be incurred |  | 10 |  | 10 |  |
Amount incurred to date |  | 9 |  | 9 |  |
Total amount remaining to be incurred |  | 1 |  | 1 |  |
Reimagine25 Program | Franchise Group |  |  |  |  |  |
Restructuring and Related Cost, Expected Cost [Abstract] |  |  |  |  |  |
Total amount expected to be incurred |  | 3 |  | 3 |  |
Amount incurred to date |  | 3 |  | 3 |  |
Total amount remaining to be incurred |  | 0 |  | 0 |  |
Reimagine25 Program | Owned Brokerage Group |  |  |  |  |  |
Restructuring and Related Cost, Expected Cost [Abstract] |  |  |  |  |  |
Total amount expected to be incurred |  | 20 |  | 20 |  |
Amount incurred to date |  | 8 |  | 8 |  |
Total amount remaining to be incurred |  | 12 |  | 12 |  |
Reimagine25 Program | Title Group |  |  |  |  |  |
Restructuring and Related Cost, Expected Cost [Abstract] |  |  |  |  |  |
Total amount expected to be incurred |  | 3 |  | 3 |  |
Amount incurred to date |  | 1 |  | 1 |  |
Total amount remaining to be incurred |  | 2 |  | 2 |  |
Prior restructuring programs |  |  |  |  |  |
Restructuring Reserve [Roll Forward] |  |  |  |  |  |
Balance at December 31, 2024 |  |  |  | 17 |  |
Restructuring costs, net |  | 1 | 7 | 5 |  | 18
Costs paid or otherwise settled |  |  |  | (14) |  |
Balance at June 30, 2025 |  | 8 |  | 8 |  |
Personnel Related |  |  |  |  |  |
Restructuring Reserve [Roll Forward] |  |  |  |  |  |
Restructuring costs, net | [3] | 5 | 5 | 8 |  | 10
Personnel Related | Reimagine25 Program |  |  |  |  |  |
Restructuring Reserve [Roll Forward] |  |  |  |  |  |
Balance at December 31, 2024 |  |  |  | 0 |  |
Restructuring costs, net | [2] |  |  | 8 |  |
Costs paid or otherwise settled |  |  |  | (2) |  |
Balance at June 30, 2025 |  | 6 |  | 6 |  |
Restructuring and Related Cost, Expected Cost [Abstract] |  |  |  |  |  |
Total amount expected to be incurred |  | 12 |  | 12 |  |
Amount incurred to date |  | 8 |  | 8 |  |
Total amount remaining to be incurred |  | 4 |  | 4 |  |
Facility Related |  |  |  |  |  |
Restructuring Reserve [Roll Forward] |  |  |  |  |  |
Restructuring costs, net | [4] | 4 | 2 | 11 |  | 8
Facility Related | Reimagine25 Program |  |  |  |  |  |
Restructuring Reserve [Roll Forward] |  |  |  |  |  |
Balance at December 31, 2024 |  |  |  | 0 |  |
Restructuring costs, net | [2] |  |  | 6 |  |
Costs paid or otherwise settled |  |  |  | (3) |  |
Balance at June 30, 2025 |  | 3 |  | 3 |  |
Other Asset Impairment Charges |  |  |  | 2 |  |
Restructuring and Related Cost, Expected Cost [Abstract] |  |  |  |  |  |
Total amount expected to be incurred |  | 16 |  | 16 |  |
Amount incurred to date |  | 6 |  | 6 |  |
Total amount remaining to be incurred |  | 10 |  | 10 |  |
Other Restructuring |  |  |  |  |  |
Restructuring Reserve [Roll Forward] |  |  |  |  |  |
Restructuring costs, net | [5] | 3 | $ 0 | 5 |  | $ 0
Other Restructuring | Reimagine25 Program |  |  |  |  |  |
Restructuring Reserve [Roll Forward] |  |  |  |  |  |
Balance at December 31, 2024 |  |  |  | 0 |  |
Restructuring costs, net | [2] |  |  | 5 |  |
Costs paid or otherwise settled |  |  |  | (4) |  |
Balance at June 30, 2025 |  | 1 |  | 1 |  |
Restructuring and Related Cost, Expected Cost [Abstract] |  |  |  |  |  |
Total amount expected to be incurred |  | 8 |  | 8 |  |
Amount incurred to date |  | 7 |  | 7 |  |
Total amount remaining to be incurred |  | $ 1 |  | $ 1 |  |
[1] | Restructuring charges for the three months ended June 30, 2025 include $11 million of expense related to Reimagine25 and $1 million of expense related to prior restructuring plans. Restructuring charges for the three months ended June 30, 2024 include $7 million of expense related to prior restructuring plans. Restructuring charges for the six months ended June 30, 2025 include $19 million of expense related to Reimagine25 and $5 million of expense related to prior restructuring plans. Restructuring charges for the six months ended June 30, 2024 include $18 million of expense related to prior restructuring plans.
[2] | In addition, the Company incurred $2 million of facility-related costs for lease asset impairments in connection with Reimagine25 during the six months ended June 30, 2025.
[3] | Personnel-related costs consist of severance costs provided to employees who have been terminated.
[4] | 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.
[5] | Other restructuring costs consist of costs related to professional fees, consulting fees and other costs associated with restructuring activities which are primarily recorded at Corporate.

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- Definition The increase (decrease) during the period in the carrying amount (including both current and noncurrent portions of the accrual) of the liability pertaining to the exit from or disposal of business activities or restructuring pursuant to a duly authorized plan, excluding costs or losses pertaining to an entity newly acquired in a business combination and to asset retirement obligations. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 230 -SubTopic 10 -Name Accounting Standards Codification -Section 45 -Paragraph 28 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482740/230-10-45-28 + Details
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- Definition Amount of costs incurred to date for the specified restructuring cost. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 420 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 2 -Subparagraph (SAB Topic 5.P.4.d) -Publisher FASB -URI https://asc.fasb.org/1943274/2147479823/420-10-S99-2 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 420 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 2 -Subparagraph (SAB Topic 5.P.4.b.1) -Publisher FASB -URI https://asc.fasb.org/1943274/2147479823/420-10-S99-2 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Topic 420 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (b)(1) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482017/420-10-50-1 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Topic 420 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (d) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482017/420-10-50-1 + Details
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