Consolidated Balance Sheets - USD ($) $ in Millions	Dec. 31, 2015	Dec. 31, 2014
Current assets:
Cash and cash equivalents	$ 415	$ 313
Trade receivables (net of allowance for doubtful accounts of $20 and $27)	141	116
Relocation receivables	279	297
Other current assets	126	120
Total current assets	961	846
Property and equipment, net	254	233
Goodwill	3,618	3,477
Trademarks	745	736
Franchise agreements, net	1,428	1,495
Other intangibles, net	316	341
Other non-current assets	209	176
Total assets	7,531	7,304
Current liabilities:
Accounts payable	139	128
Securitization obligations	247	269
Due to former parent	31	51
Current portion of long-term debt	740	19
Accrued expenses and other current liabilities	448	411
Total current liabilities	1,605	878
Long-term debt	2,962	3,836
Deferred income taxes	267	171
Other non-current liabilities	275	236
Total liabilities	$ 5,109	$ 5,121
Commitments and contingencies (Notes 13 and 14)
Equity:
Realogy Holdings preferred stock: $.01 par value; 50,000,000 shares authorized, none issued and outstanding at December 31, 2015 and December 31, 2014	$ 0	$ 0
Realogy Holdings common stock: $.01 par value; 400,000,000 shares authorized 146,746,537 shares outstanding at December 31, 2015 and 146,382,923 shares outstanding at December 31, 2014	1	1
Additional paid-in capital	5,733	5,677
Accumulated deficit	(3,280)	(3,464)
Accumulated other comprehensive loss	(36)	(35)
Total stockholders' equity	2,418	2,179
Noncontrolling interests	4	4
Total equity	2,422	2,183
Total liabilities and equity	$ 7,531	$ 7,304