Condensed Consolidated Balance Sheets - USD ($) $ in Millions	Jun. 30, 2015	Dec. 31, 2014
Current assets:
Cash and cash equivalents	$ 359	$ 313
Trade receivables (net of allowance for doubtful accounts of $24 and $27)	163	116
Relocation receivables	434	297
Deferred income taxes	210	180
Other current assets	136	120
Total current assets	1,302	1,026
Property and equipment, net	236	233
Goodwill	3,554	3,477
Trademarks	736	736
Franchise agreements, net	1,462	1,495
Other intangibles, net	325	341
Other non-current assets	231	230
Total assets	7,846	7,538
Current liabilities:
Accounts payable	154	128
Securitization obligations	389	269
Due to former parent	46	51
Current portion of long-term debt	519	19
Accrued expenses and other current liabilities	422	411
Total current liabilities	1,530	878
Long-term debt	3,383	3,891
Deferred income taxes	413	350
Other non-current liabilities	247	236
Total liabilities	$ 5,573	$ 5,355
Commitments and contingencies (Notes 7 and 9)
Equity:
Realogy Holdings preferred stock: $.01 par value; 50,000,000 shares authorized, none issued and outstanding at June 30, 2015 and December 31, 2014	$ 0	$ 0
Realogy Holdings common stock: $.01 par value; 400,000,000 shares authorized, 146,591,075 shares outstanding at June 30, 2015 and 146,382,923 shares outstanding at December 31, 2014	1	1
Additional paid-in capital	5,702	5,677
Accumulated deficit	(3,399)	(3,464)
Accumulated other comprehensive loss	(35)	(35)
Total stockholders' equity	2,269	2,179
Noncontrolling interests	4	4
Total equity	2,273	2,183
Total liabilities and equity	$ 7,846	$ 7,538