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Short And Long-Term Debt Indebtedness Table (Details) - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2025
Jun. 30, 2024
Aug. 06, 2025
Mar. 31, 2025
Dec. 31, 2024
Principal Amount              
Long-term debt principal amount $ 2,816   $ 2,816        
Securitization obligations 180   180       $ 140
Unamortized Premium and Debt Issuance Costs              
Debt Instrument, Unamortized Discount (Premium) and Debt Issuance Costs, Net 23   23        
Net Amount              
Outstanding borrowings, long-term debt 2,793   2,793        
Securitization obligations 180   $ 180       140
SOFR              
Net Amount              
Description of variable interest rate basis     SOFR        
ABR              
Net Amount              
Description of variable interest rate basis     ABR        
Securitization obligation              
Net Amount              
Relocation receivables and other related relocation assets that collateralize securitization obligations 263   $ 263       156
Interest Expense, Debt $ 3 $ 2 $ 5 $ 4      
Weighted average interest rate, securitization obligations 6.90% 8.40% 6.90% 8.40%      
Revolving Credit Facility | Line of Credit              
Principal Amount              
Line of credit facility outstanding $ 610 [1],[2],[3]   $ 610 [1],[2],[3]       490
Net Amount              
Outstanding borrowings, short-term debt, line of credit facility 610 [1],[2],[3]   610 [1],[2],[3]       490
Total capacity, short-term debt, line of credit facility 1,100   1,100        
Line of credit facility outstanding 610 [1],[2],[3]   $ 610 [1],[2],[3]       490
Revolving Credit Facility | Line of Credit | SOFR | Less than 2.00 to 1.00              
Net Amount              
Debt Instrument, Basis Spread on Variable Rate     1.75%        
Revolving Credit Facility | Line of Credit | ABR | Less than 2.00 to 1.00              
Net Amount              
Debt Instrument, Basis Spread on Variable Rate     0.75%        
Revolving Credit Facility | Line of Credit | Subsequent Event              
Principal Amount              
Line of credit facility outstanding         $ 445    
Net Amount              
Outstanding borrowings, short-term debt, line of credit facility         445    
Line of credit facility outstanding         445    
Revolving Credit Facility | Letter of Credit              
Principal Amount              
Line of credit facility outstanding 32   $ 32        
Net Amount              
Outstanding borrowings, short-term debt, line of credit facility 32   32        
Line of credit facility outstanding 32   32        
Revolving Credit Facility | Letter of Credit | Subsequent Event              
Principal Amount              
Line of credit facility outstanding         32    
Net Amount              
Outstanding borrowings, short-term debt, line of credit facility         32    
Line of credit facility outstanding         $ 32    
9.75% Senior Secured Second Lien Notes | Secured Debt              
Principal Amount              
Long-term debt principal amount 500 [4]   500 [4]       0
Unamortized Premium and Debt Issuance Costs              
Debt Instrument, Unamortized Discount (Premium) and Debt Issuance Costs, Net [4] 9   9        
Net Amount              
Outstanding borrowings, long-term debt $ 491 [4]   $ 491 [4]       0
Interest Rate 9.75%   9.75%        
7.00% Senior Secured Second Lien Notes | Secured Debt              
Principal Amount              
Long-term debt principal amount $ 640   $ 640       640
Unamortized Premium and Debt Issuance Costs              
Debt Instrument, Unamortized Discount (Premium) and Debt Issuance Costs, Net 9   9        
Net Amount              
Outstanding borrowings, long-term debt $ 631   $ 631       630
Interest Rate 7.00%   7.00%        
5.75% Senior Notes | Senior Notes              
Principal Amount              
Long-term debt principal amount $ 559   $ 559       558
Unamortized Premium and Debt Issuance Costs              
Debt Instrument, Unamortized Discount (Premium) and Debt Issuance Costs, Net 0   0        
Net Amount              
Outstanding borrowings, long-term debt $ 559   $ 559       558
Interest Rate 5.75%   5.75%        
5.25% Senior Notes | Senior Notes              
Principal Amount              
Long-term debt principal amount $ 449   $ 449       449
Unamortized Premium and Debt Issuance Costs              
Debt Instrument, Unamortized Discount (Premium) and Debt Issuance Costs, Net 5   5        
Net Amount              
Outstanding borrowings, long-term debt $ 444   $ 444       444
Interest Rate 5.25%   5.25%        
0.25% Exchangeable Senior Notes | Convertible Debt              
Principal Amount              
Long-term debt principal amount $ 58 [4]   $ 58 [4]       403
Unamortized Premium and Debt Issuance Costs              
Debt Instrument, Unamortized Discount (Premium) and Debt Issuance Costs, Net [4] 0   0        
Net Amount              
Outstanding borrowings, long-term debt $ 58 [4]   $ 58 [4]       399
Interest Rate 0.25%   0.25%        
Apple Ridge Funding LLC | Securitization obligation              
Principal Amount              
Securitization obligations $ 180 [5]   $ 180 [5]       140
Net Amount              
Securitization obligations 180 [5]   180 [5]       $ 140
Total capacity, securitization obligations 180   180     $ 200  
Debt Instrument, Unused Borrowing Capacity, Amount $ 0   $ 0        
[1] The maturity date of the Revolving Credit Facility is July 27, 2027; however, it may spring forward to March 16, 2026 if the Exchangeable Senior Notes have not been extended, refinanced or replaced to have a maturity date after October 26, 2027 (or are not otherwise discharged, defeased or repaid by March 16, 2026).
[2] The interest rate with respect to revolving loans under the Revolving Credit Facility at June 30, 2025 is based on, at the Company's option, Term Secured Overnight Financing Rate ("SOFR") plus a 10 basis point credit spread adjustment or JP Morgan Chase Bank, N.A.'s prime rate ("ABR") plus (in each case) an additional margin subject to adjustment based on the then current senior secured leverage ratio. Based on the previous quarter's senior secured leverage ratio, the SOFR margin was 1.75% and the ABR margin was 0.75% for the three months ended June 30, 2025.
[3] As of June 30, 2025, the Company had $1,100 million of borrowing capacity under its Revolving Credit Facility. As of June 30, 2025, there were $610 million of outstanding borrowings under the Revolving Credit Facility and $32 million of outstanding undrawn letters of credit. On August 6, 2025, the Company had $445 million of outstanding borrowings under the Revolving Credit Facility and $32 million of outstanding undrawn letters of credit.
[4] See below under the header "Issuance of 9.75% Senior Secured Second Lien Notes due 2030 and Partial Repurchase of Exchangeable Senior Notes" for additional information related to the debt transactions during the second quarter of 2025.
[5] In May 2025, Anywhere Group entered into an amendment of the Apple Ridge Funding LLC securitization program that reduced the size of the facility to $180 million (from $200 million) and extended the securitization program until January 15, 2026, which may, upon mutual agreement of the parties, be extended to May 29, 2026. As of June 30, 2025, the Company had $180 million of borrowing capacity under the Apple Ridge Funding LLC securitization program with $180 million being utilized, leaving no available capacity. Any capacity in the future will be subject to maintaining sufficient relocation related assets to collateralize the securitization obligation. Certain of the funds that Anywhere Group receives from relocation receivables and related assets are required to be utilized to repay securitization obligations. These obligations are collateralized by $263 million and $156 million of underlying relocation receivables and other related relocation assets at June 30, 2025 and December 31, 2024, respectively. Substantially all relocation related assets are realized in less than twelve months from the transaction date. Accordingly, all of
Anywhere Group's securitization obligations are classified as current in the accompanying Condensed Consolidated Balance Sheets. Interest incurred in connection with borrowings under the facility amounted to $3 million and $2 million for the three months ended June 30, 2025 and 2024, respectively, as well as $5 million and $4 million for the six months ended June 30, 2025 and 2024, respectively. This interest is recorded within net revenues in the accompanying Condensed Consolidated Statements of Operations as related borrowings are utilized to fund Anywhere Group's relocation operations where interest is generally earned on such assets. The securitization obligations represent floating rate debt for which the average weighted interest rate was 6.9% and 8.4% for the six months ended June 30, 2025 and 2024, respectively.