Income Taxes (Tables)

12 Months Ended

Dec. 31, 2019

Income Taxes [Abstract]

Reconciliation Of Unrecognized Tax Benefits

	Year Ended December 31,
(In millions)	2019		2018		2017
Gross unrecognized tax benefits at beginning of period	$	15	$	14	$	13
Increases in tax positions for current year		1		3		3
Settlements		(1)		—		—
Lapse in statute of limitations		(1)		(1)		(1)
Gross unrecognized tax benefits at end of period	$	14	$	15	$	14

Components Of Income (Loss) From Continuing Operations Before Income Taxes

	Year Ended December 31,
(In millions)	2019		2018		2017
U.S.	$	161	$	(130)	$	94
Foreign		(5)		4		5
Income from Continuing Operations before Income Taxes	$	156	$	(126)	$	99

Reconciliation Of Effective Income Tax Rate

	Year Ended December 31,
	2019		2018		2017
Tax at U.S. federal statutory rate	21.0	%	21.0	%	35.0	%
State and local income taxes, net of U.S. federal benefit	3.3		(7.1)		5.7
Tax credits	(1.5)		1.5		(1.3)
Investment in frontdoor, inc. mark-to-market adjustment	(5.5)		(41.5)		—
Other permanent items	1.0		(2.1)		1.8
U.S. Tax Reform rate change(1)	—		(2.7)		(273.6)
Remeasurement of prior year tax positions	—		(0.9)		—
Excess tax benefits from stock-based compensation	(0.8)		1.1		(14.5)
Other, including foreign rate differences and reserves	(0.5)		1.7		1.4
Effective rate	17.1	%	(29.1)	%	(245.6)	%

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(1)Deferred income taxes in the Consolidated Statements of Financial Position at December 31, 2018 and 2017, were remeasured as a result of U.S. Tax Reform.

Income Tax Expense From Continuing Operations

	Year Ended December 31,
(In millions )	2019		2018		2017
Current:
U.S. federal	$	11	$	23	$	(14)
Foreign		2		1		3
State and local		5		6		5
		17		29		(6)
Deferred:
U.S. federal		8		1		(242)
Foreign		—		1		2
State and local		2		6		4
		10		8		(235)
Provision (benefit) for income taxes	$	27	$	37	$	(242)

Deferred Tax Balances

	As of December 31,
(In millions)	2019		2018
Deferred tax assets (liabilities):
Intangible assets(1)	$	(499)	$	(471)
Property and equipment		(30)		(25)
Operating lease right-of-use assets		(30)		—
Prepaid expenses and deferred customer acquisition costs		(25)		(20)
Receivables allowances		6		5
Self-insured claims and related expenses		2		7
Accrued liabilities		35		22
Other long-term obligations		4		(6)
Current portion of lease liability and long-term lease liability		32		—
Net operating loss and tax credit carryforwards		16		15
Less valuation allowance		(12)		(11)
Net Deferred taxes	$	(501)	$	(484)

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(1)The deferred tax liability relates primarily to the difference in the tax versus book basis of intangible assets. As of both December 31, 2019 and December 31, 2018, we had $505 million of deferred tax liability included in this net deferred tax liability, that will not actually be paid unless certain business units of the Company are sold.