Business Segment Reporting (Tables)

9 Months Ended

12 Months Ended

Sep. 30, 2014

Dec. 31, 2013

Business Segment Reporting [Abstract]

Schedule of segment information for continuing operations

	Nine Months Ended September 30,
(In millions)	2014		2013
Revenue:
Terminix	$	1,049	$	1,012
American Home Shield		637		568
Franchise Services Group		189		175
Reportable Segment Revenue	$	1,875	$	1,754
Other Operations and Headquarters		5		6
Total Revenue	$	1,880	$	1,760

	Year Ended December 31,
(In millions)	2013		2012		2011
Revenue:
Terminix	$	1,309	$	1,265	$	1,193
American Home Shield		740		721		687
Franchise Services Group		236		221		220
Reportable Segment Revenue	$	2,285	$	2,207	$	2,100
Other Operations and Headquarters		8		7		5
Total Revenue	$	2,293	$	2,214	$	2,105
Reportable Segment Adjusted EBITDA:(1)
Terminix	$	266	$	266	$	249
American Home Shield		145		117		107
Franchise Services Group		78		70		75
Reportable Segment Adjusted EBITDA	$	489	$	453	$	431
Identifiable Assets:
Terminix	$	2,694	$	2,592	$	2,602
American Home Shield		1,000		976		955
Franchise Services Group		513		510		510
Reportable Segment Identifiable Assets	$	4,207	$	4,078	$	4,067
Other Operations and Headquarters		1,080		1,048		916
Total Identifiable Assets(2)	$	5,287	$	5,126	$	4,983
Depreciation & Amortization Expense:
Terminix	$	73	$	76	$	76
American Home Shield		8		8		27
Franchise Services Group		8		8		9
Reportable Segment Depreciation and Amortization Expense	$	89	$	92	$	112
Other Operations and Headquarters		10		8		9
Total Depreciation & Amortization Expense(3)	$	99	$	100	$	121
Capital Expenditures:
Terminix	$	11	$	14	$	23
American Home Shield		13		15		18
Franchise Services Group		3		2		2
Reportable Segment Capital Expenditures	$	27	$	31	$	43
Other Operations and Headquarters		12		13		9
Total Capital Expenditures	$	39	$	44	$	52

(1)

Presented below is a reconciliation of Adjusted EBITDA to Net (Loss) Income:

(2)      Assets of discontinued operations are not included in the business segment table.

(3)      There are no adjustments necessary to reconcile total depreciation and amortization as presented in the business segment table to the consolidated totals. Amortization of debt issue costs is not included in the business segment table.

Schedule of reconciliation of Adjusted EBITDA to Net (Loss) Income

	Nine Months Ended September 30,
(In millions)	2014		2013
Reportable Segment Adjusted EBITDA:(1)
Terminix	$	248	$	223
American Home Shield		144		114
Franchise Services Group		58		57
Reportable Segment Adjusted EBITDA	$	450	$	395

(1)

Presented below is a reconciliation of Reportable Segment Adjusted EBITDA to Net (Loss) Income:

	Nine Months Ended September 30,
(In millions)	2014			2013
Reportable Segment Adjusted EBITDA:
Terminix	$	248		$	223
American Home Shield		144			114
Franchise Services Group		58			57
Reportable Segment Adjusted EBITDA	$	450		$	395
Unallocated corporate expenses(a)	$	(7	)	$	(34	)
Depreciation and amortization expense		(76	)		(74	)
Non-cash impairment of software and other related costs		(47	)		—
Non-cash stock-based compensation expense		(5	)		(3	)
Restructuring charges		(7	)		(4	)
Management and consulting fees		(4	)		(5	)
Consulting agreement termination fees		(21	)		—
(Loss) income from discontinued operations, net of income taxes		(98	)		(533	)
Benefit (provision) for income taxes		(26	)		(43	)
Loss on extinguishment of debt		(65	)		—
Interest expense		(171	)		(186	)
Other		—			(1	)
Net (Loss) Income	$	(76	)	$	(488	)

(a)

Represents the unallocated corporate expenses of Other Operations and Headquarters.

	Year Ended December 31,
(In millions)	2013			2012			2011
Reportable Segment Adjusted EBITDA:
Terminix	$	266		$	266		$	249
American Home Shield		145			117			107
Franchise Services Group		78			70			75
Reportable Segment Adjusted EBITDA	$	489		$	453		$	431
Unallocated corporate expenses(a)	$	(39	)	$	(40	)	$	(34	)
Depreciation and amortization expense		(99	)		(100	)		(121	)
Non-cash impairment of property and equipment		—			(9	)		—
Non-cash stock-based compensation expense		(4	)		(7	)		(8	)
Restructuring charges		(6	)		(15	)		(7	)
Management and consulting fees		(7	)		(7	)		(8	)
(Loss) income from discontinued operations, net of income taxes		(549	)		(696	)		53
Benefit (provision) for income taxes		(43	)		8			6
Loss on extinguishment of debt		—			(55	)		—
Interest expense		(247	)		(245	)		(266	)
Other		(2	)		(1	)		—
Net (Loss) Income	$	(507	)	$	(714	)	$	46

(a)

Represents the unallocated corporate expenses of Other Operations and Headquarters.