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Segment Information (Tables)
9 Months Ended
Sep. 30, 2013
Segment Reporting [Abstract]  
Revenues
 
Revenues (a) (b)
 
Three Months Ended
September 30,
 
Nine Months Ended
September 30,
 
2013
 
2012
 
2013
 
2012
Real Estate Franchise Services
$
193

 
$
161

 
$
521

 
$
460

Company Owned Real Estate Brokerage Services
1,178

 
948

 
3,046

 
2,559

Relocation Services
127

 
124

 
322

 
321

Title and Settlement Services
134

 
114

 
364

 
308

Corporate and Other (c)
(79
)
 
(66
)
 
(210
)
 
(183
)
Total Company
$
1,553

 
$
1,281

 
$
4,043

 
$
3,465

_______________
 
 
(a)
Revenues for the Real Estate Franchise Services segment include intercompany royalties and marketing fees paid by the Company Owned Real Estate Brokerage Services segment of $79 million and $210 million for the three and nine months ended September 30, 2013, respectively, and $66 million and $183 million for the three and nine months ended September 30, 2012, respectively. Transactions between segments are eliminated in consolidation. Such amounts are eliminated through the Corporate and Other line.
(b)
Revenues for the Relocation Services segment include intercompany referral and relocation fees paid by the Company Owned Real Estate Brokerage Services segment of $14 million and $34 million for the three and nine months ended September 30, 2013, respectively, and $12 million and $30 million for the three and nine months ended September 30, 2012, respectively. Such amounts are recorded as contra-revenues by the Company Owned Real Estate Brokerage Services segment. There are no other material inter-segment transactions.
(c)
Includes the elimination of transactions between segments.
EBITDA
 
EBITDA (a) (b)
 
Three Months Ended
September 30,
 
Nine Months Ended
September 30,
 
2013
 
2012
 
2013
 
2012
Real Estate Franchise Services
$
133

 
$
107

 
$
338

 
$
267

Company Owned Real Estate Brokerage Services
91

 
67

 
185

 
128

Relocation Services
45

 
45

 
82

 
79

Title and Settlement Services
17

 
12

 
41

 
28

Corporate and Other
(50
)
 
(18
)
 
(143
)
 
(56
)
Total Company
$
236

 
$
213

 
$
503

 
$
446

Less:
 
 
 
 
 
 
 
Depreciation and amortization
44

 
42

 
130

 
131

Interest expense, net
74

 
187

 
230

 
533

Income tax expense
9

 
18

 
25

 
33

Net income (loss) attributable to Realogy Holdings and Realogy Group
$
109

 
$
(34
)
 
$
118

 
$
(251
)

_______________
(a)
Includes $22 million related to the loss on early extinguishment of debt, $19 million related to the Phantom Value Plan and a net cost of $1 million of former parent legacy items for the three months ended September 30, 2013 compared to $2 million of restructuring costs, partially offset by a net benefit of $1 million of former parent legacy items for the three months ended September 30, 2012.
(b)
Includes $68 million related to the loss on the early extinguishment of debt, $45 million related to the Phantom Value Plan and $4 million of restructuring costs for the nine months ended September 30, 2013 compared to $7 million of restructuring costs and a $6 million loss on the early extinguishment of debt, partially offset by a net benefit of $4 million of former parent legacy items for the nine months ended September 30, 2012.