Discontinued Operations and Disposal Groups (Tables)

3 Months Ended

Mar. 31, 2020

Discontinued Operations and Disposal Groups [Abstract]

Disposal Groups, Including Discontinued Operations

The following table summarizes the operating results of discontinued operations described above and reflected within "Net loss from discontinued operations" in the Company’s Condensed Consolidated Statements of Operations for each of the periods presented:

	Three Months Ended March 31,
	2020		2019
Net revenues	$	52	$	60
Total expenses	58		77
Loss from discontinued operations	(6)		(17)
Estimated loss on the sale of discontinued operations (a)	(30)		—
Income tax benefit from discontinued operations	(9)		(3)
Net loss from discontinued operations	$	(27)	$	(14)

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(a)Adjustment to record assets and liabilities held for sale at the lower of carrying value or fair value less any costs to sell based on the estimated net purchase price.

Assets and liabilities held for sale related to discontinued operations presented in the Condensed Consolidated Balance Sheets at March 31, 2020 and December 31, 2019 are as follows:

	March 31, 2020		December 31, 2019
Carrying amounts of the major classes of assets held for sale
Cash and cash equivalents	$	12	$	28
Restricted cash	4		3
Trade receivables	36		46
Relocation receivables	188		203
Other current assets	13		12
Property and equipment, net	37		36
Operating lease assets, net	36		36
Goodwill	176		176
Trademarks	76		76
Other intangibles, net	157		156
Allowance for reduction of assets held for sale (a)	(52)		(22)
Total assets classified as held for sale	$	683	$	750
Carrying amounts of the major classes of liabilities held for sale
Accounts payable	$	49	$	53
Securitization obligations	162		206
Current portion of operating lease liabilities	5		6
Accrued expenses and other current liabilities	51		62
Long-term operating lease liabilities	28		29
Total liabilities classified as held for sale	$	295	$	356

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(a)Adjustment to record assets and liabilities held for sale at the lower of carrying value or fair value less any costs to sell based on the Purchase Agreement.