Terminix Global (TMX) 10-Q 3 Nov 15 2015 Q3 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	9 Months Ended
	Sep. 30, 2015	Oct. 30, 2015
Document and Entity Information [Abstract]
Entity Registrant Name	SERVICEMASTER GLOBAL HOLDINGS INC
Entity Central Index Key	1,428,875
Document Type	10-Q
Document Period End Date	Sep. 30, 2015
Amendment Flag	false
Current Fiscal Year End Date	--12-31
Entity Filer Category	Non-accelerated Filer
Entity Common Stock, Shares Outstanding		135,408,049
Document Fiscal Year Focus	2,015
Document Fiscal Period Focus	Q3

Condensed Consolidated Statemen

Condensed Consolidated Statements of Operations and Comprehensive Income - USD ($) shares in Millions, $ in Millions		3 Months Ended		9 Months Ended
		Sep. 30, 2015	Sep. 30, 2014	Sep. 30, 2015	Sep. 30, 2014
Condensed Consolidated Statements of Operations and Comprehensive Income
Revenue		$ 706	$ 664	$ 1,993	$ 1,880
Cost of services rendered and products sold		368	344	1,036	983
Selling and administrative expenses		178	176	512	505
Amortization expense		7	13	31	39
Impairment of software and other related costs					47
Consulting agreement termination fees			21		21
Restructuring charges		2	1	4	7
Gain on sale of Merry Maids branches		(3)		(5)
Interest expense		41	49	128	171
Interest and net investment income				(8)	(7)
Loss on extinguishment of debt		31	65	58	65
Income (Loss) from Continuing Operations before Income Taxes		83	(5)	237	48
Provision (benefit) for income taxes		32	(3)	91	26
Income (Loss) from Continuing Operations		50	(3)	145	22
Loss from discontinued operations, net of income taxes	[1]	(1)	(1)	(2)	(98)
Net Income (Loss)		49	(4)	144	(76)
Total Comprehensive Income (Loss)		$ 42	$ (8)	$ 130	$ (82)
Weighted average common shares outstanding - Basic		135.2	133.2	134.9	105.8
Weighted-average common shares outstanding - Diluted		136.8	133.2	136.5	106.7
Basic Earnings (Loss) Per Share:
Income (Loss) from Continuing Operations (in dollars per share)		$ 0.37	$ (0.02)	$ 1.08	$ 0.20
Loss from discontinued operations, net of income taxes (in dollars per share)		(0.01)	(0.01)	(0.01)	(0.93)
Net Income (Loss) (in dollars per share)		0.37	(0.03)	1.07	(0.72)
Diluted Earnings (Loss) Per Share:
Income (Loss) from Continuing Operations (in dollars per share)		0.37	(0.02)	1.07	0.20
Loss from discontinued operations, net of income taxes (in dollars per share)		(0.01)	(0.01)	(0.01)	(0.92)
Net Income (Loss) (in dollars per share)		$ 0.36	$ (0.03)	$ 1.05	$ (0.72)
[1]	In the nine months ended September 30, 2014, the Company recorded a pre-tax non-cash impairment charge of $139 million ($84 million, net of tax) associated with the trade name at its former TruGreen business, which is reported in Loss from discontinued operations, net of income taxes.

Condensed Consolidated Stateme3

Condensed Consolidated Statements of Financial Position - USD ($) $ in Millions	Sep. 30, 2015	Dec. 31, 2014
Current Assets:
Cash and cash equivalents	$ 260	$ 389
Marketable securities	23	19
Receivables, less allowances of $24 and $25, respectively	520	441
Inventories	36	42
Prepaid expenses and other assets	43	44
Deferred customer acquisition costs	34	35
Deferred taxes	51	76
Total Current Assets	967	1,044
Property and Equipment:
At cost	397	369
Less: accumulated depreciation	(247)	(233)
Net Property and Equipment	150	136
Other Assets:
Goodwill	2,086	2,069
Intangible assets, primarily trade names, service marks and trademarks, net	1,673	1,696
Notes receivable	32	26
Long-term marketable securities	58	88
Other assets	57	41
Debt issuance costs	24	34
Total Assets	5,046	5,134
Current Liabilities:
Accounts payable	110	84
Accrued liabilities:
Payroll and related expenses	69	82
Self-insured claims and related expenses	103	92
Accrued interest payable	3	34
Other	50	51
Deferred revenue	549	514
Liabilities of discontinued operations	1	9
Current portion of long-term debt	49	39
Total Current Liabilities	934	905
Long-Term Debt	2,702	3,017
Other Long-Term Liabilities:
Deferred taxes	718	715
Other long-term obligations, primarily self-insured claims	170	138
Total Other Long-Term Liabilities	$ 888	$ 854
Commitments and Contingencies (See Note 4)
Shareholders' Equity:
Common stock $0.01 par value (authorized 2,000,000,000 shares with 143,040,318 shares issued and 135,396,779 outstanding at September 30, 2015 and 141,731,682 shares issued and 134,092,335 outstanding at December 31, 2014)	$ 2	$ 2
Additional paid-in capital	2,240	2,207
Retained deficit	(1,576)	(1,720)
Accumulated other comprehensive loss	(22)	(8)
Less common stock held in treasury, at cost 7,643,539 shares at September 30, 2015 and 7,639,347 shares at December 31, 2014)	(122)	(122)
Total Shareholders' Equity	522	359
Total Liabilities and Shareholders' Equity	$ 5,046	$ 5,134

Condensed Consolidated Stateme4

Condensed Consolidated Statements of Financial Position (Parenthetical) - USD ($) $ in Millions	Sep. 30, 2015	Dec. 31, 2014
Condensed Consolidated Statements of Financial Position
Allowance for receivables (in dollars)	$ 24	$ 25
Common stock, par value (in dollars per share)	$ 0.01	$ 0.01
Common stock, shares authorized (in shares)	2,000,000,000	2,000,000,000
Common stock, shares issued (in shares)	143,040,318	141,731,682
Common stock, shares outstanding (in shares)	135,396,779	134,092,335
Treasury stock (in shares)	7,643,539	7,639,347

Condensed Consolidated Stateme5

Condensed Consolidated Statements of Cash Flows - USD ($) $ in Millions		9 Months Ended
		Sep. 30, 2015	Sep. 30, 2014
Condensed Consolidated Statements of Cash Flows
Cash and Cash Equivalents at Beginning of Period		$ 389	$ 484
Cash Flows from Operating Activities from Continuing Operations:
Net Income (Loss)		144	(76)
Adjustments to reconcile net income (loss) to net cash provided from operating activities:
Loss from discontinued operations, net of income taxes	[1]	2	98
Depreciation expense		35	36
Amortization expense		31	39
Amortization of debt issuance costs		4	6
Impairment of software and other related costs			47
Gain on sale of Merry Maids branches		(5)
Loss on extinguishment of debt		58	65
Call premium paid on retirement of debt		(49)	(35)
Deferred income tax provision		41	19
Stock-based compensation expense		8	5
Excess tax benefits from stock-based compensation		(12)
Gain on sales of marketable securities		(6)	(4)
Other		6	3
Change in working capital, net of acquisitions:
Receivables		(77)	(62)
Inventories and other current assets		3	(7)
Accounts payable		29	11
Deferred revenue		35	36
Accrued liabilities		5	(4)
Accrued interest payable		(31)	(40)
Accrued restructuring charges		(2)
Current income taxes		12	(5)
Net Cash Provided from Operating Activities from Continuing Operations		229	132
Cash Flows from Investing Activities from Continuing Operations:
Property additions		(30)	(29)
Sale of equipment and other assets		9	2
Other business acquisitions, net of cash acquired		(31)	(52)
Purchases of available-for-sale securities		(5)	(10)
Sales and maturities of available-for-sale securities		30	46
Origination of notes receivables		(77)	(64)
Collections on notes receivables		69	58
Net Cash Used for Investing Activities from Continuing Operations		(34)	(51)
Cash Flows from Financing Activities from Continuing Operations:
Borrowings of debt		578	1,825
Payments of debt		(911)	(2,687)
Discount paid on issuance of debt		(2)	(18)
Debt issuance costs paid		(5)	(24)
Contribution to TruGreen Holding Corporation			(35)
Repurchase of common stock and RSU vesting			(5)
Issuance of common stock		14	671
Excess tax benefits from stock-based compensation		12
Net Cash Used for Financing Activities from Continuing Operations		(314)	(274)
Cash Flows from Discontinued Operations:
Cash used for operating activities		(9)	(11)
Cash used for investing activities			(2)
Cash used for financing activities			(3)
Net Cash Used for Discontinued Operations		(9)	(15)
Effect of Exchange Rate on Cash		(1)
Cash Decrease During the Period		(129)	(208)
Cash and Cash Equivalents at End of Period		$ 260	$ 275
[1]	In the nine months ended September 30, 2014, the Company recorded a pre-tax non-cash impairment charge of $139 million ($84 million, net of tax) associated with the trade name at its former TruGreen business, which is reported in Loss from discontinued operations, net of income taxes.

Basis of Presentation

Basis of Presentation	9 Months Ended
	Sep. 30, 2015
Basis of Presentation [Abstract]
Basis of Presentation	Note 1. Basis of Presentation ServiceMaster Global Holdings, Inc. and its majority-owned subsidiary partnerships, limited liability companies and corporations (collectively, “ServiceMaster,” the “ Company,” “we,” “us, and “our”) is a leading provider of essential residential and commercial services. The Company’s services include termite and pest control, home warranties, disaster restoration, janitorial, residential cleaning, furniture repair and home inspection. The Company provides these services through an extensive service network of company-owned, franchised and licensed locations operating primarily under the following leading brands: Terminix, American Home Shield, ServiceMaster Restore, ServiceMaster Clean, Merry Maids, Furniture Medic and AmeriSpec. All consolidated Company subsidiaries are wholly-owned. Intercompany transactions and balances have been eliminated. The unaudited condensed consolidated financial statements have been prepared by the Company in accordance with generally accepted accounting principles in the United States (“GAAP”) and pursuant to the rules and regulations of the U.S. Securities and Exchange Commission (“SEC”). The Company recommends that the quarterly unaudited condensed consolidated financial statements be read in conjunction with the audited consolidated financial statements and the notes thereto included in the Company’s Annual Report on Form 10-K for the year ended December 31, 2014, as filed with the SEC (the “2014 Form 10-K”). The unaudited condensed consolidated financial statements reflect all normal and recurring adjustments that are, in the opinion of management, necessary for the fair presentation of the financial position, results of operations and cash flows for the interim periods presented. The results of operations for any interim period are not indicative of the results that might be achieved for a full year. Initial Public Offering On June 25, 2014, the Company’s registration statement on Form S-1 was declared effective by the SEC for an initial public offering of its common stock. The Company registered the offering and sale of 35,900,000 shares of its common stock and an additional 5,385,000 shares of its common stock sold to the underwriters pursuant to an option to purchase additional shares. On July 1, 2014, the Company completed the offering of 41,285,000 shares of its common stock at a price of $17.00 per share. Secondary Public Offerings On February 4, 2015, the Company’s registration statement on Form S-1 was declared effective by the SEC for a secondary offering of its common stock. The Company registered on behalf of certain stockholders the offering and sale of 25,000,000 shares of common stock and an additional 3,750,000 shares of common stock sold to the underwriters pursuant to an option to purchase additional shares. On February 10, 2015, the selling stockholders completed the offering of 25,000,000 shares of common stock at a price of $29.50 per share. On February 13, 2015, the selling stockholders completed the offering of an additional 3,750,000 shares of common stock at a price of $29.50 per share pursuant to the underwriters’ option to purchase additional shares. On May 27, 2015, the Company’s registration statement on Form S-1 was declared effective by the SEC for a secondary offering of its common stock. The Company registered on behalf of certain stockholders the offering and sale of 20,000,000 shares of common stock and an additional 3,000,000 shares of common stock sold to the underwriters pursuant to an option to purchase additional shares. On June 2, 2015, the selling stockholders completed the offering of 20,000,000 shares of common stock at a price of $34.00 per share. On June 12, 2015, the selling stockholders completed the offering of an additional 3,000,000 shares of common stock at a price of $34.00 per share pursuant to the underwriters’ option to purchase additional shares. The Company did not receive any of the proceeds from the aggregate 51,750,000 shares of common stock sold by the selling stockholders.

Significant Accounting Policies

Significant Accounting Policies	9 Months Ended
	Sep. 30, 2015
Significant Accounting Policies [Abstract]
Significant Accounting Policies	Note 2. Significant Accounting Policies The preparation of the unaudited condensed consolidated financial statements requires management to make certain estimates and assumptions required under GAAP which may differ from actual results. The more significant areas requiring the use of management estimates relate to revenue recognition; the allowance for uncollectible receivables; accruals for self-insured retention limits related to medical, workers’ compensation, auto and general liability insurance claims; accruals for home warranties and termite damage claims; the possible outcome of outstanding litigation; accruals for income tax liabilities as well as deferred tax accounts; the deferral and amortization of customer acquisition costs; share based compensation; useful lives for depreciation and amortization expense; the valuation of marketable securities; and the valuation of tangible and intangible assets. In 2015, there have been no changes in the significant areas that require estimates or in the underlying methodologies used in determining the amounts of these associated estimates. The allowance for receivables is developed based on several factors including overall customer credit quality, historical write-off experience and specific account analyses that project the ultimate collectability of the outstanding balances. As such, these factors may change over time causing the reserve level to vary. The Company carries insurance policies on insurable risks at levels which it believes to be appropriate, including workers’ compensation, auto and general liability risks. The Company purchases insurance policies from third-party insurance carriers, which typically incorporate significant deductibles or self-insured retentions. The Company is responsible for all claims that fall below the retention limits. In determining the Company’s accrual for self-insured claims, the Company uses historical claims experience to establish both the current year accrual and the underlying provision for future losses. This actuarially determined provision and related accrual include known claims, as well as incurred but not reported claims. The Company adjusts its estimate of accrued self-insured claims when required to reflect changes based on factors such as changes in health care costs, accident frequency and claim severity. The Company seeks to reduce the potential amount of loss arising from self-insured claims by insuring certain levels of risk. While insurance agreements are designed to limit the Company’s losses from large exposure and permit recovery of a portion of direct unpaid losses, insurance does not relieve the Company of its ultimate liability. Accordingly, the accruals for insured claims represent the Company’s total unpaid gross losses. Insurance recoverables, which are reported within Prepaid expenses and other assets and Other assets, relate to estimated insurance recoveries on the insured claims reserves. Accruals for home warranty claims in the American Home Shield business are made based on the Company’s claims experience and actuarial projections. Termite damage claim accruals in the Terminix business are recorded based on both the historical rates of claims incurred within a contract year and the cost per claim. Current activity could differ causing a change in estimates. The Company has certain liabilities with respect to existing or potential claims, lawsuits, and other proceedings. The Company accrues for these liabilities when it is probable that future costs will be incurred and such costs can be reasonably estimated. Any resulting adjustments, which could be material, are recorded in the period the adjustments are identified. The Company records deferred income tax balances based on the net tax effects of temporary differences between the carrying value of assets and liabilities for financial reporting purposes and income tax purposes. The Company records its deferred tax items based on the estimated value of the tax basis. The Company adjusts tax estimates when required to reflect changes based on factors such as changes in tax laws, relevant court decisions, results of tax authority reviews and statutes of limitations. The Company records a liability for unrecognized tax benefits resulting from uncertain tax positions taken or expected to be taken in a tax return. The Company recognizes potential interest and penalties related to its uncertain tax positions in income tax expense. Revenue Revenues from pest control services, as well as liquid and fumigation termite applications, are recognized as the services are provided. The Company eradicates termites through the use of non-baiting methods (e.g., fumigation or liquid treatments) and baiting systems. Termite services using baiting systems and termite inspection and protection contracts are frequently sold through annual contracts. Service costs for these contracts are expensed as incurred. The Company recognizes revenue over the life of these contracts in proportion to the expected direct costs. Those costs bear a direct relationship to the fulfillment of the Company’s obligations under the contracts and are representative of the relative value provided to the customer (proportional performance method). The Company regularly reviews its estimates of direct costs for its termite bait contracts and termite inspection and protection contracts and adjusts the estimates when appropriate. Home warranty contracts are typically one year in duration. Home warranty claims costs are expensed as incurred. The Company recognizes revenue over the life of these contracts in proportion to the expected direct costs. Those costs bear a direct relationship to the fulfillment of the Company’s obligations under the contracts and are representative of the relative value provided to the customer (proportional performance method). The Company regularly reviews its estimates of claims costs and adjusts the estimates when appropriate. The Company has franchise agreements in its Terminix, ServiceMaster Restore, ServiceMaster Clean, Merry Maids, Furniture Medic and AmeriSpec businesses. Franchise revenue (which in the aggregate represents approximately five p ercent of annual consolidated revenue from continuing operations) consists principally of continuing monthly fees based upon the franchisee’s customer-level revenue. Monthly fee revenue is recognized when the related customer-level revenue generating activity is performed by the franchisee and collectability is reasonably assured. Franchise revenue also includes initial fees resulting from the sale of a franchise or a license. These initial franchise or license fees are pre-established fixed amounts and are recognized as revenue when collectability is reasonably assured and all material services or conditions relating to the sale have been substantially performed. Total profits from the franchised operations were $20 million and $18 million for the three months ended September 30, 2015 and 2014 , respectively, and $56 million and $54 million for the nine months ended September 30, 2015 and 2014, respectively . The portion of total franchise fee income related to initial fees received from the sale of franchises was immaterial to the Company’s condensed consolidated financial statements for all periods. Revenues are presented net of sales taxes collected and remitted to government taxing authorities on the condensed consolidated statements of operations and comprehensive income (loss). The Company had $549 million and $514 million of deferred revenue as of September 30, 2015 and December 31, 2014, respectively. Deferred revenue consists primarily of payments received for annual contracts relating to home warranties, termite baiting, termite inspection and pest control services. Deferred Customer Acquisition Costs Customer acquisition costs, which are incremental and direct costs of obtaining a customer, are deferred and amortized over the life of the related contract in proportion to revenue recognized. These costs include sales commissions and direct selling costs which can be shown to have resulted in a successful sale. Deferred customer acquisition costs amounted to $34 million and $35 million as of September 30, 2015 and December 31, 2014, respectively. Advertising On an interim basis, certain advertising costs are deferred and recognized approximately in proportion to the revenue over the year and are not deferred beyond the calendar year-end. Certain other advertising costs are expensed when the advertising occurs. The cost of direct-response advertising at Terminix, consisting primarily of direct-mail promotions, is capitalized and amortized over its expected period of future benefits. Deferred advertising costs are included in Prepaid expenses and other assets on the condensed consolidated statements of financial position. Inventory Inventories are recorded at the lower of cost (primarily on a weighted average cost basis) or market. The Company’s inventory primarily consists of finished goods to be used on the customers’ premises or sold to franchisees. Property and Equipment, Intangible Assets and Goodwill Fixed assets and intangible assets with finite lives are depreciated and amortized on a straight-line basis over their estimated useful lives. These lives are based on the Company’s previous experience for similar assets, potential market obsolescence and other industry and business data. As required by accounting standards for the impairment or disposal of long-lived assets, the Company’s long-lived assets, including fixed assets and intangible assets (other than goodwill), are tested for recoverability whenever events or changes in circumstances indicate that their carrying amounts may not be recoverable. If the carrying value is no longer recoverable based upon the undiscounted future cash flows of the asset, an impairment loss would be recognized equal to the difference between the carrying amount and the fair value of the asset. Changes in the estimated useful lives or in the asset values could cause the Company to adjust its book value or future expense accordingly. Depreciation of property and equipment, including depreciation of assets held under capital leases, was $11 million and $12 million for the three months ended September 30, 2015 and 2014, respectively, and $ 35 million and $ 36 million for the nine months ended September 30, 2015 and 2014, respectively. The Company recorded an impairment charge of $47 million ( $28 million, net of tax) in the nine months ended September 30, 2014 relating to its decision in the first quarter of 2014 to abandon its efforts to deploy a new operating system at American Home Shield. This impairment represented an adjustment of the carrying value of the asset to its estimated fair value of zero on a non-recurring basis. The Company’s goodwill is assigned to four reporting units: Terminix, American Home Shield, ServiceMaster Clean and Merry Maids. The October 1, 2014 estimated fair values for all reporting units except Merry Maids were significantly in excess of their respective carrying values. The estimated fair value of the Merry Maids reporting unit exceeded its carrying value by 3 percent. As of October 1, 2014, the Company has assigned $54 million of the Company’s goodwill to the Merry Maids reporting unit. Key assumptions in determining the estimated fair value of the Merry Maids reporting unit include the assumed discount rate and expected future cash flows. Any increase in the assumed discount rate, decrease in expected future cash flows or adverse changes in any of the other assumptions used in the impairment test would result in a decline in the estimated fair value of the Merry Maids reporting unit and may result in an impairment. It is possible that such impairment, if required, could be material. Restricted Net Assets There are third-party restrictions on the ability of certain of the Company’s subsidiaries to transfer funds to the Company. These restrictions are related to regulatory requirements at American Home Shield and to a subsidiary borrowing arrangement at the ServiceMaster Acceptance Company Limited Partnership (“SMAC”), the Company’s financing subsidiary exclusively dedicated to providing financing to the Company’s franchisees and retail customers of the Company’s operating units. The payments of ordinary and extraordinary dividends by the Company’s home warranty and similar subsidiaries (through which the Company conducts its American Home Shield business) are subject to significant regulatory restrictions under the laws and regulations of the states in which they operate. Among other things, such laws and regulations require certain such subsidiaries to maintain minimum capital and net worth requirements and may limit the amount of ordinary and extraordinary dividends and other payments that these subsidiaries can pay to the Company. As of September 30, 2015, the total net assets subject to these third-party restrictions was $171 million. None of the Company’s subsidiaries are obligated to make funds available to the Company through the payment of dividends. Fair Value of Financial Instruments and Credit Risk See Note 16 for information relating to the fair value of financial instruments. Financial instruments, which potentially subject the Company to financial and credit risk, consist principally of investments and receivables. Investments consist primarily of publicly traded debt, certificates of deposit and common equity securities. The Company periodically reviews its portfolio of investments to determine whether there has been an other than temporary decline in the value of the investments from factors such as deterioration in the financial condition of the issuer or the market(s) in which the issuer competes. The majority of the Company’s receivables have little concentration of credit risk due to the large number of customers with relatively small balances and their dispersion across geographical areas. The Company maintains an allowance for losses based upon the expected collectability of receivables. Income Taxes The Company and its subsidiaries file consolidated U.S. federal income tax returns. State and local returns are filed both on a separate company basis and on a combined unitary basis with the Company. Current and deferred income taxes are provided for on a separate company basis. The Company accounts for income taxes using an asset and liability approach for the expected future tax consequences of events that have been recognized in the Company’s financial statements or tax returns. Deferred income taxes are provided to reflect the differences between the tax bases of assets and liabilities and their reported amounts in the financial statements. Valuation allowances are established when necessary to reduce deferred income tax assets to the amounts expected to be realized. The Company records a liability for unrecognized tax benefits resulting from uncertain tax positions taken or expected to be taken in its tax return. The Company recognizes potential interest and penalties related to its uncertain tax positions in income tax expense. Stock-Based Compensation S tock-based compensation expense is estimated at the grant date based on an award’s fair value as calculated by the Black-Scholes option-pricing model and is recognized as expense over the requisite service period. The Black-Scholes model requires various highly judgmental assumptions including expected volatility and option life. If any of the assumptions used in the Black-Scholes model change significantly, stock-based compensation expense may differ materially in the future from that recorded in the current period. In addition, the Company estimate s the expected forfeiture rate and only recognize s expense for those shares expected to vest. The Company estimate s the forfeiture rate based on historical experience. To the extent the actual for feiture rate is different from the estimate, stock-based compensation expense is adjusted accordingly. See Note 6 to the Company’s condensed consolidated financial statements. The Company ’ s board of directors and management intended all options granted to be exercisable, at a price per share not less than the per share fair value of the Company’s common stock on the date of grant. The Company grant s options to participants with an exercise price equal to the then current fair value of the common stock. Earnings Per Share Basic earnings (loss) per share is computed by dividing net income (loss) by the weighted average number of shares of common stock outstanding. Diluted earnings (loss) per share is computed by dividing net income (loss) by the weighted-average number of shares of common stock outstanding during the period, increased to include the number of shares of common stock that would have been outstanding had potential dilutive shares of common stock been issued. The dilutive effect of stock options and restricted stock units (“RSUs”) are reflected in diluted net income (loss) per share by applying the treasury stock method. See Note 17 to the Company’s condensed consolidated financial statements. Newly Issued Accounting Statements and Positions In April 2014, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) 2014-08, “Reporting Discontinued Operations and Disclosure of Disposals of Components of an Entity” to change the criteria for reporting discontinued operations and enhance the convergence of the FASB’s and the International Standard Board’s reporting requirements for discontinued operations. The changes in ASU 2014-08 amend the definition of discontinued operations by limiting discontinued operations reporting to disposals of components of an entity that represent strategic shifts that have or will have a major effect on an entity’s operations and financial results. ASU 2014-08 requires expanded disclosures for discontinued operations and also requires an entity to disclose the pretax profit or loss of an individually significant component of an entity that does not qualify for discontinued operations reporting. The amendments in ASU 2014-08 are effective for fiscal years, and interim periods within those years, beginning after December 15, 2014. The adoption of this standard did not have a material impact on the Company’s condensed consolidated financial statements. In May 2014, the FASB issued ASU 2014-09, “Revenue from Contracts with Customers” to provide a single comprehensive model for entities to use in accounting for revenue arising from contracts with customers. This model supersedes most current revenue recognition guidance, including industry-specific guidance. The core principle of the revenue model is that “an entity recognizes revenue to depict the transfer of promised goods or services to customers in an amount that reflects the consideration to which the entity expects to be entitled in exchange for those goods or services.” Entities have the option of using either a full retrospective or modified approach to adopt the guidance. The amendments in ASU 2014-09 must be applied using either the retrospective or cumulative effect transition method and are effective for fiscal years, and interim periods within those years, beginning after December 15, 2017. Early adoption is permitted for fiscal years, and interim period within those years, beginning after December 15, 2016. The Company is currently evaluating the impact of adopting ASU 2014-09. In April 2015, the FASB issued ASU 2015-03, “Simplifying the Presentation of Debt Issuance Costs” to change the presentation of debt issuance costs in financial statements as part of the FASB’s simplification initiative. Under current guidance, an entity reports debt issuance costs in the balance sheet as deferred charges (i.e., as an asset). The ASU specifies that now “debt issuance costs related to a note shall be reported in the balance sheet as a direct deduction from the face amount of that note” and that “amortization of debt issuance costs also shall be reported as interest expense.” The amendments in ASU 2015-03 are effective for fiscal years, and interim periods within those years, beginning after December 15, 2015. The adoption of ASU 2015-03 will result in the retrospective presentation of debt issuance costs as a direct deduction from the face amount of that note instead of the current presentation as an asset for each of the balance sheet periods presented. The Company currently reports the amortization of debt issuance costs as interest expense.

Restructuring Charges

Restructuring Charges	9 Months Ended
	Sep. 30, 2015
Restructuring Charges [Abstract]
Restructuring Charges	Note 3. Restructuring Charges The Company incurred restructuring charges of $2 million ( $1 million , net of tax) and $1 million ( $1 million, net of tax) for the three months ended September 30, 201 5 and 2014, respectively , and $4 million ($2 million , net of tax) and $7 million ($4 million, net of tax) for the nine months ended September 30, 2015 and 2014, respectively. Restructuring charges were comprised of the following: Three Months Ended Nine Months Ended September 30, September 30, (In millions) 2015 2014 2015 2014 Terminix branch optimization (1) $ $ — $ $ Franchise services group reorganization (2) — Corporate (3) — — — Total restructuring charges $ $ $ $ ___________________________________ (1) Represents lease termination and severance costs. (2) R epresents severance costs. (3) Represents restructuring charges related to an initiative to enhance capabilities and reduce costs in the Company’s headquarters functions that provide Company-wide administrative services for the Company’s operations. For the nine months ended September 30, 2014, these charges included professional fees of $1 million and severance and other costs of $3 million. The pretax charges discussed above are reported in Restructuring charges in the condensed consolidated statements of operations and comprehensive income (loss). A reconciliation of the beginning and ending balances of accrued restructuring charges, which are included in Accrued liabilities—Other on the condensed consolidated statements of financial position, is presented as follows: Accrued Restructuring (In millions) Charges Balance as of December 31, 2014 $ Costs incurred Costs paid or otherwise settled Balance as of September 30, 2015 $

Commitments and Contingencies

Commitments and Contingencies	9 Months Ended
	Sep. 30, 2015
Commitments and Contingencies [Abstract]
Commitments and Contingencies	Note 4. Commitments and Contingencies The Company carries insurance policies on insurable risks at levels that it believes to be appropriate, including workers’ compensation, auto and general liability risks. The Company purchases insurance policies from third-party insurance carriers, which typically incorporate significant deductibles or self-insured retentions. The Company is responsible for all claims that fall below the retention limits. In determining the Company’s accrual for self-insured claims, the Company uses historical claims experience to establish both the current year accrual and the underlying provision for future losses. This actuarially determined provision and related accrual include known claims, as well as incurred but not reported claims. The Company adjusts its estimate of accrued self-insured claims when required to reflect changes based on factors such as changes in health care costs, accident frequency and claim severity. A reconciliation of beginning and ending accrued self-insured claims, which are included in Accrued liabilities—Self-insured claims and related expenses and Other long-term obligations, primarily self-insured claims on the condensed consolidated statements of financial position, net of insurance recoverables, which are included in Prepaid expenses and other assets and Other assets on the condensed consolidated statements of financial position, is presented as follows: Accrued Self-insured (In millions) Claims, Net Balance as of December 31, 2014 $ Provision for self-insured claims Cash payments Balance as of September 30, 2015 $ Balance as of December 31, 2013 $ Provision for self-insured claims Cash payments Balance as of September 30, 2014 $ Accruals for home warranty claims in the American Home Shield business are made based on the Company’s claims experience and actuarial projections. Termite damage claim accruals in the Terminix business are recorded based on both the historical rates of claims incurred within a contract year and the cost per claim. Current activity could differ causing a change in estimates. The Company has certain liabilities with respect to existing or potential claims, lawsuits and other proceedings. The Company accrues for these liabilities when it is probable that future costs will be incurred and such costs can be reasonably estimated. Any resulting adjustments, which could be material, are recorded in the period the adjustments are identified. On March 25, 2015, the Company was informed that the United States Department of Justice initiated a criminal investigation into allegations that a local Terminix branch used methyl bromide as a fumigant at a resort in St. John, U.S. Virgin Islands, resulting in serious injuries to four members of a family vacationing there. The U.S. Virgin Islands government is also investigating the matter, as is the EPA. The EPA has also requested information concerning the possible distribution, sale or use of methyl bromide in Puerto Rico. The Company continues to investigate this matter and is fully cooperating with all relevant governmental authorities. In the nine months ended September 30, 2015, the Company recorded in its condensed consolidated statement of operations and comprehensive income (loss) a charge of $3 million in connection with civil claims related to the U.S. Virgin Islands matter, an amount equal to the Company’s insurance deductible under its general liability insurance program, although no assurance can be given regarding its insurance coverage or recoveries. The extent of any potential penalties, fines and other sanctions that the federal or other governmental authorities may impose, investigation costs and reputational harm, as well as the impact of any judicial, administrative or regulatory proceedings resulting from or related to the incident, which could be material, is not currently known or reasonably estimable, and any such penalties, fines or sanctions may not be covered under the Company’s general liability insurance program. The Company is aware of certain operational and administrative issues related to past enrollment that, if not corrected, could affect the tax qualified status of the Company’s 401(k) plan. The Company intends to take the appropriate actions to remediate these issues. The cost of remedying these issues, which could be material, is not currently known or reasonably estimable. In addition to the matter s discussed above, in the ordinary course of conducting business activities, the Company and its subsidiaries become involved in judicial, administrative and regulatory proceedings involving both private parties and governmental authorities. These proceedings include insured and uninsured matters that are brought on an individual, collective, representative and class action basis, or other proceedings involving regulatory, employment, general and commercial liability, automobile liability, wage and hour, environmental and other matters. The Company has entered into settlement agreements in certain cases, including with respect to putative collective and class actions, which are subject to court or other approvals. If one or more of the Company’s settlements are not finally approved, the Company could have additional or different exposure, which could be material. Subject to the paragraph s above, the Company does not expect any of these proceedings to have a material effect on its reputation, business, financial position, results of operations or cash flows; however, the Company can give no assurance that the results of any such proceedings will not materially affect its reputation, business, financial position, results of operations and cash flows.

Goodwill and Intangible Assets

Goodwill and Intangible Assets	9 Months Ended
	Sep. 30, 2015
Goodwill and Intangible Assets [Abstract]
Goodwill and Intangible Assets	Note 5. Goodwill and Intangible Assets Goodwill and indefinite-lived intangible assets are not amortized and are subject to assessment for impairment by applying a fair-value based test on an annual basis or more frequently if circumstances indicate a potential impairment. The Company’s annual assessment date is October 1. There were no goodwill or trade name impairment charges recorded in continuing operations in the three and nine months ended September 30, 2015 and 2014. There were no accumulated impairment losses from continuing operations as of September 30, 2015. The table below summarizes the goodwill balances for continuing operations by reportable segment: American Franchise (In millions) Terminix Home Shield Services Group Total Balance as of December 31, 2014 $ $ $ $ Acquisitions — — Disposals — — Other (1) — Balance as of September 30, 2015 $ $ $ $ ___________________________________ (1) Reflects the impact of foreign exchange rates. The table below summarizes the other intangible asset balances for continuing operations: Estimated Remaining As of September 30, 2015 As of December 31, 2014 Useful Lives Accumulated Accumulated (In millions) (Years) Gross Amortization Net Gross Amortization Net Trade names (1) N/A $ $ — $ $ $ — $ Customer relationships 3 - 10 Franchise agreements 20 - 25 Other 4 - 30 Total $ $ $ $ $ $ ___________________________________ (1) Not subject to amortization. For the existing intangible assets, the Company anticipates amortization expense for the remainder of 2015 and each of the next five years of $5 million, $16 million, $12 million, $8 million, $4 million and $3 million, respectively . During the nine months ended September 30, 2014 , the Company recorded a pre-tax non-cash impairment charge of $139 million ( $84 million, net of tax) associated with the trade name at its former TruGreen business, which is reported in Loss from discontinued operations, net of income taxes, within the condensed consolidated statements of operations and comprehensive income (loss).

Stock-Based Compensation

Stock-Based Compensation	9 Months Ended
	Sep. 30, 2015
Stock-Based Compensation [Abstract]
Stock-Based Compensation	Note 6. Stock-Based Compensation On February 24, 2015, the Company ’ s board of directors approved and recommended for approval by the Company’s stockholders the ServiceMaster Global Holdings, Inc. Employee Stock Purchase Plan (the "Employee Stock Purchase Plan"), which became effective for offering periods commencing July 1, 2015. The Employee Stock Purchase Plan is intended to qualify for the favorable tax treatment under Section 423 of the Internal Revenue Code of 1986, as amended (the “Code”). Under the plan, eligible employees of the Company may purchase common stock, subject to Internal Revenue Service limits, during pre-specified offering periods at a discount established by the Company not to exceed 10 percent of the then-current fair market value. On April 27, 2015, the Company’s stockholders approved the Employee Stock Purchase Plan with a maximum of one million shares of common stock authorized for sale under the plan. For the three months ended September 30, 2015 and 2014, the Company recognized stock-based compensation expense of $3 million ( $2 million, net of tax) and $2 million ( $1 million, net of tax), respectively. For the nine months ended September 30, 2015 and 2014, the Company recognized stock-based compensation expense of $8 million ($5 million, net of tax) and $5 million ($3 million, net of tax), respectively. As of September 30, 2015, there was $22 million of total unrecognized compensation costs related to non-vested stock options and RSUs granted under the Amended and Restated ServiceMaster Global Holdings , Inc. Stock Incentive Plan (“MSIP”) and the Amended and Restated ServiceMaster Global Holdings, Inc. 2014 Omnibus Incentive Plan (the “Omnibus Incentive Plan”) and discounts associated with the Employee Stock Purchase Plan . These remaining costs are expected to be recognized over a weighted-average period of 2.32 years.

Comprehensive Income (Loss)

Comprehensive Income (Loss)	9 Months Ended
	Sep. 30, 2015
Comprehensive Income (Loss) [Abstract]
Comprehensive Income (Loss)	Note 7. Comprehensive Income (Loss) Comprehensive income (loss), which primarily includes net income (loss), unrealized gain (loss) on marketable securities, unrealized gain (loss) on derivative instruments and the effect of foreign currency translation is disclosed in the condensed consolidated statements of operations and comprehensive income (loss). The following tables summarize the activity in accumulated other comprehensive income (loss), net of the related tax effects. Unrealized Gains on Unrealized Available Foreign Losses on -for-Sale Currency (In millions) Derivatives Securities Translation Total Balance as of December 31, 2014 $ $ $ $ Other comprehensive loss before reclassifications: Pre-tax amount — Tax benefit — — After-tax amount — Amounts reclassified from accumulated other comprehensive income (1) — Net current period other comprehensive loss Balance as of September 30, 2015 $ $ $ $ Balance as of December 31, 2013 $ $ $ $ Other comprehensive income before reclassifications: Pre-tax amount Tax (benefit) provision — — After-tax amount Amounts reclassified from accumulated other comprehensive income (1) — — Net current period other comprehensive loss Spin-off of the former TruGreen business — — Balance as of September 30, 2014 $ $ $ $ ___________________________________ (1) Amounts are net of tax. See reclassifications out of accumulated other comprehensive income (loss) below for further details. Reclassifications out of accumulated other comprehensive income (loss) included the following components for the periods indicated. Amounts Reclassified from Accumulated Other Comprehensive Income Three Months Ended Nine Months Ended Condensed Consolidated Statements of September 30, September 30, Operations and Comprehensive Income (Loss) (In millions) 2015 2014 2015 2014 Location Losses on derivatives: Fuel swap contracts $ $ — $ $ — Cost of services rendered and products sold Interest rate swap contracts — — Interest expense Net losses on derivatives — — Impact of income taxes — — Provision for income taxes Total reclassifications related to derivatives $ $ — $ $ — Gains on available-for-sale securities $ — $ — $ $ Interest and net investment income Impact of income taxes — — Provision for income taxes Total reclassifications related to securities $ — $ — $ $ Total reclassifications for the period $ $ $ $

Supplemental Cash Flow Informat

Supplemental Cash Flow Information	9 Months Ended
	Sep. 30, 2015
Supplemental Cash Flow Information [Abstract]
Supplemental Cash Flow Information	Note 8. Supplemental Cash Flow Information Supplemental information relating to the condensed consolidated statements of cash flows is presented in the following table: Nine Months Ended September 30, (In millions) 2015 2014 Cash paid for or (received from): Interest expense $ $ Interest and dividend income Income taxes, net of refunds The Company acquired $ 22 million and $12 million of property and equipment through capital leases and other non-cash financing transactions in the nine month s ended September 30, 2015 and 2014, respectively, which have been excluded from the condensed consolidated statements of cash flows as non-cash investing and financing activities. In the nine months ended September 30, 2015, the Company converted certain company-owned Merry Maids branches to franchises for a total purchase price of $12 million. The Company received cash of $9 million and provided financing of $3 million. This financed amount has been excluded from the condensed consolidated statements of cash flows as a non-cash investing activity.

Cash and Marketable Securities

Cash and Marketable Securities	9 Months Ended
	Sep. 30, 2015
Cash and Marketable Securities [Abstract]
Cash and Marketable Securities	Note 9. Cash and Marketable Securities Cash, money market funds and certificates of deposits with maturities of three months or less when purchased are included in Cash and cash equivalents on the condensed consolidated statements of financial position. As of September 30, 2015 and December 31, 2014, the Company’s investments consisted primarily of domestic publicly traded debt and certificates of deposit (”Debt securities”) and common equity securities (“Equity securities”). The amortized cost, fair value and gross unrealized gains and losses of the Company’s short- and long-term investments in Debt and Equity securities are as follows: Gross Gross Amortized Unrealized Unrealized Fair (In millions) Cost Gains Losses Value Available-for-sale and trading securities, September 30, 2015: Debt securities $ $ $ — $ Equity securities Total securities $ $ $ $ Available-for-sale and trading securities, December 31, 2014: Debt securities $ $ $ — $ Equity securities Total securities $ $ $ $ The portion of unrealized losses which had been in a loss position for more than one year was $1 million as of September 30, 2015. There were no unrealized losses which had been in a loss position for more than one year as of December 31, 2014. The aggregate fair value of the investments with unrealized losses was $9 million and $29 million as of September 30, 2015 and December 31, 2014, respectively. Gains and losses on sales of investments, as determined on a specific identification basis, are included in investment income in the period they are realized. The Company periodically reviews its portfolio of investments to determine whether there has been an other than temporary decline in the value of the investments from factors such as deterioration in the financial condition of the issuer or the market(s) in which the issuer competes. The table below summarizes proceeds, gross realized gains and gross realized losses resulting from sales of available-for-sale securities. There were no impairment charges due to other than temporary declines in the value of certain investments for the three and nine months ended September 30, 2015 and 2014. Three Months Ended Nine Months Ended September 30, September 30, (In millions) 2015 2014 2015 2014 Proceeds from sale of securities $ $ — $ $ Gross realized gains, pre-tax — — Gross realized gains, net of tax — — Gross realized losses, pre-tax — — — Gross realized losses, net of tax — — — —

Long-Term Debt

Long-Term Debt	9 Months Ended
	Sep. 30, 2015
Long-Term Debt [Abstract]
Long-Term Debt	Note 10. Long-Term Debt Long-term debt is summarized in the following table: As of As of September 30, December 31, (In millions) 2015 2014 Senior secured term loan facility maturing in 2021 (1) 7.00% senior notes maturing in 2020 — 8.00% senior notes maturing in 2020 (2) — Revolving credit facility maturing in 2019 — — 7.10% notes maturing in 2018 (3) 7.45% notes maturing in 2027 (3) 7.25% notes maturing in 2038 (3) Vehicle capital leases (4) Other Less current portion Total long-term debt $ $ ___________________________________ (1) As of September 30, 2015 and December 31, 2014, presented net of $17 million in unamortized original issue discount. (2) As of December 31, 2014, includes $1 million in unamortized premium received on the sale of $100 million aggregate principal amount of such notes. (3) As of September 30, 2015 and December 31, 2014, collectively presented net of $55 million and $59 million, respectively, of unamortized fair value adjustments related to purchase accounting, which increases the effective interest rate from the coupon rates shown above. (4) The Company has entered into a fleet management services agreement (the “Fleet Agreement”) which, among other things, allows the Company to obtain fleet vehicles through a leasing program. All leases under the Fleet Agreement are capital leases for accounting purposes. The lease rental payments include an interest component calculated using a variable rate based on one-month LIBOR plus other contractual adjustments and a borrowing margin totaling 2.45 percent. Refinancing of Indebtedness On February 17, 2015, the Company redeemed $190 million in aggregate principal amount of the outstanding 8 percent senior notes due February 15, 2020 (the “8% 2020 Notes”) at a redemption price of 106.0% of the principal amount using available cash. In connection with the partial redemption, the Company recorded a loss on extinguishment of debt of $13 million in the nine months ended September 30, 2015, which includes a pre-payment premium of $11 million and the write-off of $2 million of debt issuance costs. On April 1, 2015, the Company entered into a first amendment (the “First Term Loan Amendment”) which amends the Credit Agreement governing the $1,825 million term loan facility maturing July 1, 2021 (the “Term Loan Facility”) and the $300 million revolving credit facility maturing July 1, 2019 (the “Revolving Credit Facility”) (together with the Term Loan Facility, the “Credit Facilities”). The First Term Loan Amendment provides for incremental term loans (the “ April Incremental Term Loans”) under the Term Loan Facility in an aggregate principal amount of $175 million. On April 1, 2015, the Company used the net proceeds from the April Incremental Term Loans, together with cash on hand, to redeem the remaining outstanding $200 million in aggregate principal amount of the 8% 2020 Notes at a redemption price of 106.0% of the principal amount. In connection with the redemption, the Company recorded a loss on extinguishment of debt of $14 mil lion in the nine months ended September 30, 2015, which includes a pre ‑payment premium of $12 million and the write ‑off of $2 million of debt issuance costs. On August 1 7 , 2015, the Company entered into a second amendment (the “ Second Term Loan Amendment”) which amends the Credit Agreement governing the Credit Facilities. The Second Te rm Loan Amendment provides for i ncremental t erm l oans (the “August Incremental Term Loans”) in an aggregate principal amount of $400 million. On August 1 7 , 2015, the Company used the net proceeds from the August I ncremental Term L oans, together with cash on hand, to redeem the remaining outstanding $488 million in aggregate principal amount of the 7 percent senior notes due August 15, 2020 (the “7% 2020 Notes”) at a redemption price of 105.25% of the principal amount. In connection with the redemption, the Company recorded a loss on extinguishment of debt of $31 million in the three and nine months ended September 30, 2015 , which inclu des a pre ‑payment premium of $25 million and the write ‑off of $6 million of debt issuance costs. Interest Rate Swaps Interest rate swap agreements in effect as of September 30, 2015 are as follows: Trade Date Effective Date Expiration Date Notional Amount Fixed Rate(1) Floating Rate July 23, 2014 August 1, 2014 July 31, 2018 $300,000 1.786 % One month LIBOR July 23, 2014 March 1, 2015 July 31, 2018 $400,000 1.927 % One month LIBOR (1) Before the application of the applicable borrowing margin.

Acquisitions

Acquisitions	9 Months Ended
	Sep. 30, 2015
Acquisitions [Abstract]
Acquisitions	Note 11. Acquisitions Acquisitions have been accounted for using the acquisition method and, accordingly, the results of operations of the acquired businesses have been included in the Company’s condensed consolidated financial statements since their dates of acquisition. The assets and liabilities of these businesses were recorded in the financial statements at their estimated fair values as of the acquisition dates. During the nine months ended September 30, 2015, the Company completed several pest control and termite acquisitions. The total purchase price for these acquisitions was $37 million. The Company recorded goodwill of $26 million and other intangibles of $9 million related to these acquisitions. On February 28, 2014, the Company acquired Home Security of America, Inc. (“HSA”), based in Madison, Wisconsin. The total purchase price for this acquisition was $32 million. T he Company recorded goodwill of $34 million and other intangibles of $18 million related to this acquisition. During the nine months ended September 30, 2014, the Company completed several pest control, termite and franchise acquisitions. The total purchase price for these acquisitions was $25 million. The Company recorded goodwill of $16 million and other intangibles of $7 million related to these acquisitions. Supplemental cash flow information regarding the Company’s acquisitions is as follows: Nine Months Ended September 30, (In millions) 2015 2014 Assets acquired $ $ Liabilities assumed — Net assets acquired $ $ Net cash paid $ $ Seller financed debt Purchase price $ $

Discontinued Operations

Discontinued Operations	9 Months Ended
	Sep. 30, 2015
Discontinued Operations [Abstract]
Discontinued Operations	Note 12. Discontinued Operations Loss from discontinued operations, net of income taxes, for all periods presented includes the operating results of the previously sold businesses. The operating results of discontinued operations are as follows: Three Months Ended Nine Months Ended September 30, September 30, (In millions) 2015 2014 2015 2014 Revenue $ — $ — $ — $ Cost of services rendered and products sold — — — Selling and administrative expenses Goodwill and trade name impairment (1) — — — Restructuring charges — — — Loss before income taxes (1) Benefit for income taxes (1) — — Loss from discontinued operations, net of income taxes (1) $ $ $ $ ___________________________________ (1) In the nine months ended September 30, 2014, the Company recorded a pre-tax non-cash impairment charge of $139 million ( $84 million, net of tax) associated with the trade name at its former TruGreen business, which is reported in Loss from discontinued operations, net of income taxes. The table below summarizes the activity during the nine months ended September 30, 2015 for the remaining liabilities of previously sold businesses. The remaining obligations primarily relate to legal and other reserves. The Company believes that the remaining reserves continue to be adequate and reasonable. Liabilities of Discontinued (In millions) Operations Balance as of December 31, 2014 $ Costs incurred Costs paid or otherwise settled Balance as of September 30, 2015 $

Income Taxes

Income Taxes	9 Months Ended
	Sep. 30, 2015
Income Taxes [Abstract]
Income Taxes	Note 13. Income Taxes As of September 30, 2015 and December 31, 2014, the Company had $16 million and $13 million, respectively, of tax benefits primarily reflected in state tax returns that have not been recognized for financial reporting purposes (“unrecognized tax benefits”). The Company currently estimates that, as a result of pending tax settlements and expiration of statutes of limitations, the amount of unrecognized tax benefits could be reduced by approximately $1 million during the next 12 months. As required by Accounting Standard Codification (“ASC”) 740, “Income Taxes,” the Company computes interim period income taxes by applying an anticipated annual effective tax rate to the Company’s year-to-date income or loss from continuing operations before income taxes, except for significant unusual or infrequently occurring items. The Company’s estimated tax rate is adjusted each quarter in accordance with ASC 740. The effective tax rate on income (loss) from continuing operations was 39.3 percent for the three months ended September 30, 2015 compared to 56.5 percent for the three months ended September 30, 2014. The effective tax rate on income from continuing operations for the three months ended September 30, 2014 was affected by various discrete events, including an adjustment to deferred state t axes resulting from changes in the Company’s state apportionment factors. The effective tax rate on income from continuing operations was 38.6 percent for the nine months ended September 30, 2015 compared to 54.3 percent for the nine months ended September 30, 2014. The effective tax rate on income from continuing operations for the nine months ended September 30, 2014 was affected by various discrete events, including an adjustment to deferred state taxes resulting from changes in the Company’s state apportionment factors primarily attribu table to the TruGreen Spin-off.

Business Segment Reporting

Business Segment Reporting	9 Months Ended
	Sep. 30, 2015
Business Segment Reporting [Abstract]
Business Segment Reporting	Note 14. Business Segment Reporting The business of the Company is conducted through three reportable segments: Terminix, American Home Shield and Franchise Services Group. In accordance with accounting standards for segments, the Company’s reportable segments are strategic business units that offer different services. The Terminix segment provides termite and pest control services to residential and commercial customers and distributes pest control products. The American Home Shield segment provides home warranties for household systems and appliances. The Franchise Services Group segment provides residential and commercial disaster restoration, janitorial and cleaning services through franchises primarily under the ServiceMaster, ServiceMaster Restore and ServiceMaster Clean brand names, home cleaning services through franchises and Company-owned locations primarily under the Merry Maids brand name, on-site wood furniture repair and restoration services primarily under the Furniture Medic brand name and home inspection services primarily under the AmeriSpec brand name. Corporate includes SMAC and the Company’s headquarters operations (substantially all of which costs are allocated to the Company’s reportable segments), which provide various technology, human resources, finance, legal and other support services to the reportabl e segments. The composition of the Company’s reportable segments is consistent with that used by the Company’s chief operating decision maker (the “CODM”) to evaluate performance and allocate resources. Information regarding the accounting policies used by the Company is described in Note 2. The Company derives substantially all of its revenue from customers and franchisees in the United States with less than two percent generated in foreign markets. Operating expenses of the business units consist primarily of direct costs and indirect costs allocated from Corporate. Identifiable assets are those used in carrying out the operations of the business unit and include intangible assets directly related to its operations. The Company uses Reportable Segment Adjusted EBITDA as its measure of segment profitability. Accordingly, the CODM evaluates performance and allocates resources based primarily on Reportable Segment Adjusted EBITDA. Reportable Segment Adjusted EBITDA is defined as net income (loss) before: unallocated corporate expenses; income (loss) from discontinued operations, net of income taxes; provision (benefit) for income taxes; gain (loss) on extinguishment of debt; interest expense; depreciation and amortization expense; non-cash impairment of software and other related costs; non-cash impairment of property and equipment; non-cash stock-based compensation expense; restructuring charges; gain on sale of Merry Maids branches; management and consulting fees; consulting agreement termination fees; and other non-operating expenses. The Company’s definition of Reportable Segment Adjusted EBITDA may not be calculated or comparable to similarly titled measures of other companies. The Company believe s Reportable Segment Adjusted EBITDA is useful for investors, analysts and other interested parties as it facilitates company-to-company operating performance comparisons by excluding potential differences caused by variations in capital structures, taxation, the age and book depreciation of facilities and equipment, restructuring initiatives, consulting agreements and equity-based, long-term incentive plans. Information for continuing operations for each reportable segment and Corporate is presented below: Three Months Ended Nine Months Ended September 30, September 30, (In millions) 2015 2014 2015 2014 Revenue: Terminix $ $ $ $ American Home Shield Franchise Services Group Reportable Segment Revenue $ $ $ $ Corporate Total Revenue $ $ $ $ Three Months Ended Nine Months Ended September 30, September 30, (In millions) 2015 2014 2015 2014 Reportable Segment Adjusted EBITDA: (1) Terminix $ $ $ $ American Home Shield Franchise Services Group Reportable Segment Adjusted EBITDA $ $ $ $ ___________________________________ (1) Presented below is a reconciliation of Reportable Segment Adjusted EBITDA to Net Income (Loss): Three Months Ended Nine Months Ended September 30, September 30, (In millions) 2015 2014 2015 2014 Reportable Segment Adjusted EBITDA: Terminix $ $ $ $ American Home Shield Franchise Services Group Reportable Segment Adjusted EBITDA $ $ $ $ Unallocated corporate expenses $ $ $ $ Depreciation and amortization expense Non-cash impairment of software and other related costs — — — Non-cash stock-based compensation expense Restructuring charges Gain on sale of Merry Maids branches — — Management and consulting fees — — — Consulting agreement termination fees — — Loss from discontinued operations, net of income taxes (Provision) benefit for income taxes Loss on extinguishment of debt Interest expense Other — — Net Income (Loss) $ $ $ $

Related Party Transactions

Related Party Transactions	9 Months Ended
	Sep. 30, 2015
Related Party Transactions [Abstract]
Related Party Transactions	Note 15. Related Party Transactions On July 24, 2007, the Company was taken private pursuant to a merger transaction, and, following the completion of the merger and other subsequent transactions and prior to the Company’s initial public offering, the significant majority of the Company’s outstanding common stock was owned by investment funds managed by, or affiliated with, Clayton, Dubilier & Rice, LLC (“CD&R” or the “CD&R Funds”), JPMorgan Chase Funding Inc. (“JPMorgan”), StepStone Group LP (“StepStone”), the investment funds managed by StepStone (the “StepStone Funds”) and Ridgemont Partners Secondary Fund I, L.P. (“Ridgemont”) (collectively, the “Equity Sponsors”). As of September 30, 2015, the CD&R Funds and StepStone Funds hold approximately 21 percent of the Company’s common stock. Consulting Agreements The Company was a party to a consulting agreement with CD&R under which CD&R provided the Company with ongoing consulting and management advisory services. The annual consulting fee payable under the consulting agreement with CD&R was $6 million. The Company was also a party to consulting agreements with StepStone, JPMorgan and Ridgemont. Pursuant to the consulting agreements, the Company was required to pay aggregate annual consulting fees of $1 million to StepStone, JPMorgan and Ridgemont. Under these agreements, the Company recorded consulting fees of $4 million in the nine months ended September 30, 2014, which is included in Selling and administrative expenses in the condensed consolidated statements of operations and comprehensive income (loss). D ue to the termination of the consulting fee agreements in connection with the completion of the Company’s initial public offering on July 1, 2014, t here were no consulting fees recorded in the three and nine month periods ended September 30, 2015 and three months ended September 30, 2014. TruGreen Spin-off In connection with the TruGreen spin-off on January 14, 2014, the Company and TruGreen Holding Corporation (“New TruGreen”) entered into a transition services agreement pursuant to which the Company and its subsidiaries provide New TruGreen with specified communications, public relations, finance and accounting, tax, treasury, internal audit, human resources operations and benefits, risk management and insurance, supply management, real estate management, marketing, facilities, information technology and other support services. The charges for the transition services are designed to allow the Company to fully recover the direct costs of providing the services, plus specified margins and any out-of-pocket costs and expenses. The services provided under the transition services agreement will terminate at various specified times, and in no event later than January 14, 2016 (except certain information technology services, which the Company expects to provide to New TruGreen beyond the two -year period). New TruGreen may terminate the transition services agreement (or certain services under the transition services agreement) for convenience upon 90 days written notice, in which case New TruGreen will be required to reimburse the Company for early termination costs. Under this transition services agreement, the Company recorded $6 million and $8 million in the three months ended September 30, 2015 and 2014, respectively, and $21 million and $27 million in the nine months ended September 30, 2015 and 2014, respectively, of fees due from New TruGreen, which is included, net of costs incurred, in Selling and administrative expenses in the consolidated statement of operations and comprehensive income (loss). As of September 30, 2015, all amounts owed by New TruGreen under this agreement have been paid. In addition, the Company, New TruGreen and TruGreen Limited Partnership, an indirectly wholly-owned subsidiary of New TruGreen, entered into (1) a separation and distribution agreement containing key provisions relating to the separation of the former TruGreen business and the distribution of New TruGreen common stock to the Company’s stockholders (including relating to specified TruGreen legal matters with respect to which we have agreed to retain liability, as well as insurance coverage, non-competition, indemnification and other matters), (2) an employee matters agreement allocating liabilities and responsibilities relating to employee benefit plans and programs and other related matters and (3) a tax matters agreement governing the respective rights, responsibilities and obligations of the parties thereto with respect to taxes, including allocating liabilities for income taxes attributable to New TruGreen and its subsidiaries generally to the Company for tax periods (or portions thereof) ending on or before January 14, 2014 and generally to New TruGreen for tax periods (or portions thereof) beginning after that date.

Fair Value Measurements

Fair Value Measurements	9 Months Ended
	Sep. 30, 2015
Fair Value Measurements [Abstract]
Fair Value Measurements	Note 16. Fair Value Measurements The period-end carrying amounts of receivables, accounts payable and accrued liabilities approximate fair value because of the short maturity of these instruments. The period-end carrying amounts of long-term notes receivable approximate fair value as the effective interest rates for these instruments are comparable to period-end market rates. The period-end carrying amounts of short- and long-term marketable securities also approximate fair value, with unrealized gains and losses reported net of tax as a component of accumulated other comprehensive income (loss) on the condensed consolidated statements of financial position, or, for certain unrealized losses, reported in interest and net investment income in the condensed consolidated statements of operations and comprehensive income (loss) if the decline in value is other than temporary. The carrying amount of total debt was $2,751 million and $3,057 million and the estimated fair value was $2,817 million and $3,102 million as of Sept em ber 30, 2015 and December 31, 2014, respectively. The fair value of the Company’s debt is estimated based on available market prices for the same or similar instruments which are considered significant other observable inputs (Level 2) within the fair value hierarchy. The fair values presented reflect the amounts that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date (exit price). The fair value estimates presented in this report are based on information available to the Company as of September 30, 2015 and December 31, 2014. The Company has estimated the fair value of its financial instruments measured at fair value on a recurring basis using the market and income approaches. For investments in marketable securities, deferred compensation trust assets and derivative contracts, which are carried at their fair values, the Company’s fair value estimates incorporate quoted market prices, other observable inputs (for example, forward interest rates) and unobservable inputs (for example, forward commodity prices) at the balance sheet date. Interest rate swap contracts are valued using forward interest rate curves obtained from third-party market data providers. The fair value of each contract is the sum of the expected future settlements between the contract counterparties, discounted to present value. The expected future settlements are determined by comparing the contract interest rate to the expected forward interest rate as of each settlement date and applying the difference between the two rates to the notional amount of debt in the interest rate swap contracts. Fuel swap contracts are valued using forward fuel price curves obtained from third-party market data providers. The fair value of each contract is the sum of the expected future settlements between the contract counterparties, discounted to present value. The expected future settlements are determined by comparing the contract fuel price to the expected forward fuel price as of each settlement date and applying the difference between the contract and expected prices to the notional gallons in the fuel swap contracts. The Company regularly reviews the forward price curves obtained from third-party market data providers and related changes in fair value for reasonableness utilizing information available to the Company from other published sources. The Company has not changed its valuation techniques for measuring the fair value of any financial assets and liabilities during the year. Transfers between levels, if any, are recognized at the end of the reporting period. There were no significant transfers between levels during each of the nine month periods ended September 30, 2015 and 2014. The carrying amount and estimated fair value of the Company’s financial instruments that are recorded at fair value on a recurring basis for the periods presented are as follows: Estimated Fair Value Measurements Quoted Significant Prices In Other Significant Active Observable Unobservable Statement of Financial Carrying Markets Inputs Inputs (In millions) Position Location Value (Level 1) (Level 2) (Level 3) As of September 30, 2015: Financial Assets: Deferred compensation trust Long-term marketable securities $ $ $ — $ — Investments in marketable securities Marketable securities and Long-term marketable securities — Total financial assets $ $ $ $ — Financial Liabilities: Fuel swap contracts: Current Other accrued liabilities $ $ — $ — $ Interest rate swap contracts Other long-term liabilities — — Total financial liabilities $ $ — $ $ As of December 31, 2014: Financial Assets: Deferred compensation trust Long-term marketable securities $ $ $ — $ — Investments in marketable securities Marketable securities and Long-term marketable securities — Total financial assets $ $ $ $ — Financial Liabilities: Fuel swap contracts: Current Other accrued liabilities $ $ — $ — $ Interest rate swap contracts Other long-term liabilities — — Total financial liabilities $ $ — $ $ A reconciliation of the beginning and ending fair values of financial instruments valued using significant unobservable inputs (Level 3) on a recurring basis is presented as follows: Fuel Swap Contract Assets (In millions) (Liabilities) Location of Gain (Loss) included in Earnings Balance as of December 31, 2014 $ Total gains (realized and unrealized) Included in earnings Cost of services rendered and products sold Included in other comprehensive income Settlements Balance as of September 30, 2015 $ Balance as of December 31, 2013 $ Total gains (realized and unrealized) Included in earnings — Cost of services rendered and products sold Included in other comprehensive income Settlements — Balance as of September 30, 2014 $ The following tables present information relating to the significant unobservable inputs of the Company’s Level 3 financial instruments: Fair Value Valuation Weighted (in millions) Technique Unobservable Input Range Average As of September 30, 2015: Fuel swap contracts $ Discounted Cash Flows Forward Unleaded Price per Gallon (1) $2.00 - $2.53 $ As of December 31, 2014: Fuel swap contracts $ Discounted Cash Flows Forward Unleaded Price per Gallon (1) $2.06 - $2.71 $ ___________________________________ (1) Forward prices per gallon were derived from third-party market data providers. A decrease in the forward price would result in a decrease in the fair value of the fuel swap contracts. The Company uses derivative financial instruments to manage risks associated with changes in fuel prices and interest rates. The Company does not hold or issue derivative financial instruments for trading or speculative purposes. In designating its derivative financial instruments as hedging instruments under accounting standards for derivative instruments, the Company formally documents the relationship between the hedging instrument and the hedged item, as well as the risk management objective and strategy for the use of the hedging instrument. This documentation includes linking the derivatives to forecasted transactions. The Company assesses at the time a derivative contract is entered into, and at least quarterly thereafter, whether the derivative item is effective in offsetting the projected changes in cash flows of the associated forecasted transactions. All of the Company’s designated hedging instruments are classified as cash flow hedges. The Company has historically hedged a significant portion of its annual fuel consumption. The Company has also historically hedged the interest payments on a portion of its variable rate debt through the use of interest rate swap agreements. All of the Company’s fuel swap contracts and interest rate swap contracts are classified as cash flow hedges, and, as such, the hedging instruments are recorded on the condensed consolidated statements of financial position as either an asset or liability at fair value, with the effective portion of changes in the fair value attributable to the hedged risks recorded in accumulated other comprehensive income (loss). Any change in the fair value of the hedging instrument resulting from ineffectiveness, as defined by accounting standards, is recognized in current period earnings. Cash flows related to fuel and interest rate derivatives are classified as operating activities in the condensed consolidated statements of cash flows. Ineffective portions of derivative instruments designated in accordance with accounting standards as cash flow hedge relationships were insignificant during the nine months ended September 30, 2015. As of September 30, 2015, the Company had fuel swap contracts to pay fixed prices for fuel with an aggregate notional amount of $ 26 million , maturing through 2016. Under the terms of its fuel swap contracts, the Company is required to post collateral in the event that the fair value of the contracts exceeds a certain agreed upon liability level and in other circumstances required by the counterparty. As of September 30, 2015, the Company had posted $7 million in letters of credit as collateral under its fuel hedging program, which were issued under the Revolving Credit Facility. The effective portion of the gain or loss on derivative instruments designated and qualifying as cash flow hedging instruments is recorded in accumulated other comprehensive income (loss). These amounts are reclassified into earnings in the same period or periods during which the hedged forecasted debt interest settlement or the fuel settlement affects earnings. See Note 7 “Comprehensive Income (Loss)” for the effective portion of the gain or loss on derivative instruments recorded in accumulated other comprehensive income (loss) and for the amounts reclassified out of accumulated other comprehensive income (loss) and into earnings. The amount expected to be reclassified into earnings during the next 12 months includes unrealized gains and losses related to open fuel hedges and interest rate swaps. Specifically, as the underlying forecasted transactions occur during the next 12 months, the hedging gains and losses in accumulated other comprehensive income (loss) expected to be recognized in earnings is a loss of $6 million, net of tax, as of September 30, 2015. The amounts that are ultimately reclassified into earnings will be based on actual fuel prices and interest rates at the time the positions are settled and may differ materially from the amount noted above.

Earnings Per Share

Earnings Per Share	9 Months Ended
	Sep. 30, 2015
Earnings Per Share [Abstract]
Earnings Per Share	Note 17. Earnings Per Share Basic earnings (loss) per share is computed by dividing net income (loss) by the weighted average number of shares of common stock outstanding. Diluted earnings (loss) per share is computed by dividing net income (loss) by the weighted-average number of shares of common stock outstanding during the period, increased to include the number of shares of common stock that would have been outstanding had potential dilutive shares of common stock been issued. The dilutive effect of stock options and RSUs are reflected in diluted net income (loss) per share by applying the treasury stock method. A reconciliation of the amounts included in the computation of basic earnings (loss) per share from continuing operations and diluted earnings (loss) per share from continuing operations is as follows: Three Months Ended Nine Months Ended September 30, September 30, (In millions, except per share data) 2015 2014 2015 2014 Income (Loss) from continuing operations $ $ $ $ Weighted average common shares outstanding Effect of dilutive securities: (1) RSUs — Stock options (2) — Weighted average common share outstanding—assuming dilution Basic earnings (loss) per share from continuing operations $ $ $ $ Diluted earnings (loss) per share from continuing operations $ $ $ $ ___________________________________ (1) Securities are not included in the table in periods when antidilutive. For the three months ended September 30, 2014, weighted average potentially dilutive shares from RSUs of 0.3 million and weighted average potentially dilutive shares from stock options of 1.9 million with a weighted average exercise price per share of $11.98 were excluded from the diluted earnings per share calculation due to the antidilutive effect such shares would have on net loss per common share. (2) Options to purchase 0.3 million shares for the three months ended September 30, 2015 , and 0.3 million and 1.7 million shares for the shares for the nine months ended September 30, 2015 and 20 14, respectively, were not included in the diluted earnings per share calculation because either their exercise price or proceeds per share exceeded the average market price of the Company’s common stock for each respective reporting date. For the three months ended September 30, 2014, there were no options with an exercise price or proceeds per share that exceeded the average market price of the Company’s common stock. On June 25, 2014, the Company’s registration statement on Form S-1 was declared effective by the SEC for an initial public offering of its common stock, and, on July 1, 2014, the Company completed the offering of 41,285,000 shares of its common stock. For further details, see Note 1.

Significant Accounting Polici23

Significant Accounting Policies (Policy)	9 Months Ended
	Sep. 30, 2015
Significant Accounting Policies [Abstract]
Use Of Estimates	The preparation of the unaudited condensed consolidated financial statements requires management to make certain estimates and assumptions required under GAAP which may differ from actual results. The more significant areas requiring the use of management estimates relate to revenue recognition; the allowance for uncollectible receivables; accruals for self-insured retention limits related to medical, workers’ compensation, auto and general liability insurance claims; accruals for home warranties and termite damage claims; the possible outcome of outstanding litigation; accruals for income tax liabilities as well as deferred tax accounts; the deferral and amortization of customer acquisition costs; share based compensation; useful lives for depreciation and amortization expense; the valuation of marketable securities; and the valuation of tangible and intangible assets. In 2015, there have been no changes in the significant areas that require estimates or in the underlying methodologies used in determining the amounts of these associated estimates. The allowance for receivables is developed based on several factors including overall customer credit quality, historical write-off experience and specific account analyses that project the ultimate collectability of the outstanding balances. As such, these factors may change over time causing the reserve level to vary.
Commitments And Contingencies	The Company carries insurance policies on insurable risks at levels which it believes to be appropriate, including workers’ compensation, auto and general liability risks. The Company purchases insurance policies from third-party insurance carriers, which typically incorporate significant deductibles or self-insured retentions. The Company is responsible for all claims that fall below the retention limits. In determining the Company’s accrual for self-insured claims, the Company uses historical claims experience to establish both the current year accrual and the underlying provision for future losses. This actuarially determined provision and related accrual include known claims, as well as incurred but not reported claims. The Company adjusts its estimate of accrued self-insured claims when required to reflect changes based on factors such as changes in health care costs, accident frequency and claim severity. The Company seeks to reduce the potential amount of loss arising from self-insured claims by insuring certain levels of risk. While insurance agreements are designed to limit the Company’s losses from large exposure and permit recovery of a portion of direct unpaid losses, insurance does not relieve the Company of its ultimate liability. Accordingly, the accruals for insured claims represent the Company’s total unpaid gross losses. Insurance recoverables, which are reported within Prepaid expenses and other assets and Other assets, relate to estimated insurance recoveries on the insured claims reserves. Accruals for home warranty claims in the American Home Shield business are made based on the Company’s claims experience and actuarial projections. Termite damage claim accruals in the Terminix business are recorded based on both the historical rates of claims incurred within a contract year and the cost per claim. Current activity could differ causing a change in estimates. The Company has certain liabilities with respect to existing or potential claims, lawsuits, and other proceedings. The Company accrues for these liabilities when it is probable that future costs will be incurred and such costs can be reasonably estimated. Any resulting adjustments, which could be material, are recorded in the period the adjustments are identified. The Company records deferred income tax balances based on the net tax effects of temporary differences between the carrying value of assets and liabilities for financial reporting purposes and income tax purposes. The Company records its deferred tax items based on the estimated value of the tax basis. The Company adjusts tax estimates when required to reflect changes based on factors such as changes in tax laws, relevant court decisions, results of tax authority reviews and statutes of limitations. The Company records a liability for unrecognized tax benefits resulting from uncertain tax positions taken or expected to be taken in a tax return. The Company recognizes potential interest and penalties related to its uncertain tax positions in income tax expense.
Revenue	Revenue Revenues from pest control services, as well as liquid and fumigation termite applications, are recognized as the services are provided. The Company eradicates termites through the use of non-baiting methods (e.g., fumigation or liquid treatments) and baiting systems. Termite services using baiting systems and termite inspection and protection contracts are frequently sold through annual contracts. Service costs for these contracts are expensed as incurred. The Company recognizes revenue over the life of these contracts in proportion to the expected direct costs. Those costs bear a direct relationship to the fulfillment of the Company’s obligations under the contracts and are representative of the relative value provided to the customer (proportional performance method). The Company regularly reviews its estimates of direct costs for its termite bait contracts and termite inspection and protection contracts and adjusts the estimates when appropriate. Home warranty contracts are typically one year in duration. Home warranty claims costs are expensed as incurred. The Company recognizes revenue over the life of these contracts in proportion to the expected direct costs. Those costs bear a direct relationship to the fulfillment of the Company’s obligations under the contracts and are representative of the relative value provided to the customer (proportional performance method). The Company regularly reviews its estimates of claims costs and adjusts the estimates when appropriate. The Company has franchise agreements in its Terminix, ServiceMaster Restore, ServiceMaster Clean, Merry Maids, Furniture Medic and AmeriSpec businesses. Franchise revenue (which in the aggregate represents approximately five p ercent of annual consolidated revenue from continuing operations) consists principally of continuing monthly fees based upon the franchisee’s customer-level revenue. Monthly fee revenue is recognized when the related customer-level revenue generating activity is performed by the franchisee and collectability is reasonably assured. Franchise revenue also includes initial fees resulting from the sale of a franchise or a license. These initial franchise or license fees are pre-established fixed amounts and are recognized as revenue when collectability is reasonably assured and all material services or conditions relating to the sale have been substantially performed. Total profits from the franchised operations were $20 million and $18 million for the three months ended September 30, 2015 and 2014 , respectively, and $56 million and $54 million for the nine months ended September 30, 2015 and 2014, respectively . The portion of total franchise fee income related to initial fees received from the sale of franchises was immaterial to the Company’s condensed consolidated financial statements for all periods. Revenues are presented net of sales taxes collected and remitted to government taxing authorities on the condensed consolidated statements of operations and comprehensive income (loss). The Company had $549 million and $514 million of deferred revenue as of September 30, 2015 and December 31, 2014, respectively. Deferred revenue consists primarily of payments received for annual contracts relating to home warranties, termite baiting, termite inspection and pest control services.
Deferred Customer Acquisition Costs	Deferred Customer Acquisition Costs Customer acquisition costs, which are incremental and direct costs of obtaining a customer, are deferred and amortized over the life of the related contract in proportion to revenue recognized. These costs include sales commissions and direct selling costs which can be shown to have resulted in a successful sale. Deferred customer acquisition costs amounted to $34 million and $35 million as of September 30, 2015 and December 31, 2014, respectively.
Advertising	Advertising On an interim basis, certain advertising costs are deferred and recognized approximately in proportion to the revenue over the year and are not deferred beyond the calendar year-end. Certain other advertising costs are expensed when the advertising occurs. The cost of direct-response advertising at Terminix, consisting primarily of direct-mail promotions, is capitalized and amortized over its expected period of future benefits. Deferred advertising costs are included in Prepaid expenses and other assets on the condensed consolidated statements of financial position.
Inventory	Inventory Inventories are recorded at the lower of cost (primarily on a weighted average cost basis) or market. The Company’s inventory primarily consists of finished goods to be used on the customers’ premises or sold to franchisees.
Property And Equipment, Intangible Assets And Goodwill	Property and Equipment, Intangible Assets and Goodwill Fixed assets and intangible assets with finite lives are depreciated and amortized on a straight-line basis over their estimated useful lives. These lives are based on the Company’s previous experience for similar assets, potential market obsolescence and other industry and business data. As required by accounting standards for the impairment or disposal of long-lived assets, the Company’s long-lived assets, including fixed assets and intangible assets (other than goodwill), are tested for recoverability whenever events or changes in circumstances indicate that their carrying amounts may not be recoverable. If the carrying value is no longer recoverable based upon the undiscounted future cash flows of the asset, an impairment loss would be recognized equal to the difference between the carrying amount and the fair value of the asset. Changes in the estimated useful lives or in the asset values could cause the Company to adjust its book value or future expense accordingly. Depreciation of property and equipment, including depreciation of assets held under capital leases, was $11 million and $12 million for the three months ended September 30, 2015 and 2014, respectively, and $ 35 million and $ 36 million for the nine months ended September 30, 2015 and 2014, respectively. The Company recorded an impairment charge of $47 million ( $28 million, net of tax) in the nine months ended September 30, 2014 relating to its decision in the first quarter of 2014 to abandon its efforts to deploy a new operating system at American Home Shield. This impairment represented an adjustment of the carrying value of the asset to its estimated fair value of zero on a non-recurring basis. The Company’s goodwill is assigned to four reporting units: Terminix, American Home Shield, ServiceMaster Clean and Merry Maids. The October 1, 2014 estimated fair values for all reporting units except Merry Maids were significantly in excess of their respective carrying values. The estimated fair value of the Merry Maids reporting unit exceeded its carrying value by 3 percent. As of October 1, 2014, the Company has assigned $54 million of the Company’s goodwill to the Merry Maids reporting unit. Key assumptions in determining the estimated fair value of the Merry Maids reporting unit include the assumed discount rate and expected future cash flows. Any increase in the assumed discount rate, decrease in expected future cash flows or adverse changes in any of the other assumptions used in the impairment test would result in a decline in the estimated fair value of the Merry Maids reporting unit and may result in an impairment. It is possible that such impairment, if required, could be material.
Restricted Net Assets	Restricted Net Assets There are third-party restrictions on the ability of certain of the Company’s subsidiaries to transfer funds to the Company. These restrictions are related to regulatory requirements at American Home Shield and to a subsidiary borrowing arrangement at the ServiceMaster Acceptance Company Limited Partnership (“SMAC”), the Company’s financing subsidiary exclusively dedicated to providing financing to the Company’s franchisees and retail customers of the Company’s operating units. The payments of ordinary and extraordinary dividends by the Company’s home warranty and similar subsidiaries (through which the Company conducts its American Home Shield business) are subject to significant regulatory restrictions under the laws and regulations of the states in which they operate. Among other things, such laws and regulations require certain such subsidiaries to maintain minimum capital and net worth requirements and may limit the amount of ordinary and extraordinary dividends and other payments that these subsidiaries can pay to the Company. As of September 30, 2015, the total net assets subject to these third-party restrictions was $171 million. None of the Company’s subsidiaries are obligated to make funds available to the Company through the payment of dividends.
Fair Value Of Financial Instruments And Credit Risk	Fair Value of Financial Instruments and Credit Risk See Note 16 for information relating to the fair value of financial instruments. Financial instruments, which potentially subject the Company to financial and credit risk, consist principally of investments and receivables. Investments consist primarily of publicly traded debt, certificates of deposit and common equity securities. The Company periodically reviews its portfolio of investments to determine whether there has been an other than temporary decline in the value of the investments from factors such as deterioration in the financial condition of the issuer or the market(s) in which the issuer competes. The majority of the Company’s receivables have little concentration of credit risk due to the large number of customers with relatively small balances and their dispersion across geographical areas. The Company maintains an allowance for losses based upon the expected collectability of receivables.
Income Taxes	Income Taxes The Company and its subsidiaries file consolidated U.S. federal income tax returns. State and local returns are filed both on a separate company basis and on a combined unitary basis with the Company. Current and deferred income taxes are provided for on a separate company basis. The Company accounts for income taxes using an asset and liability approach for the expected future tax consequences of events that have been recognized in the Company’s financial statements or tax returns. Deferred income taxes are provided to reflect the differences between the tax bases of assets and liabilities and their reported amounts in the financial statements. Valuation allowances are established when necessary to reduce deferred income tax assets to the amounts expected to be realized. The Company records a liability for unrecognized tax benefits resulting from uncertain tax positions taken or expected to be taken in its tax return. The Company recognizes potential interest and penalties related to its uncertain tax positions in income tax expense.
Stock-Based Compensation	Stock-Based Compensation S tock-based compensation expense is estimated at the grant date based on an award’s fair value as calculated by the Black-Scholes option-pricing model and is recognized as expense over the requisite service period. The Black-Scholes model requires various highly judgmental assumptions including expected volatility and option life. If any of the assumptions used in the Black-Scholes model change significantly, stock-based compensation expense may differ materially in the future from that recorded in the current period. In addition, the Company estimate s the expected forfeiture rate and only recognize s expense for those shares expected to vest. The Company estimate s the forfeiture rate based on historical experience. To the extent the actual for feiture rate is different from the estimate, stock-based compensation expense is adjusted accordingly. See Note 6 to the Company’s condensed consolidated financial statements. The Company ’ s board of directors and management intended all options granted to be exercisable, at a price per share not less than the per share fair value of the Company’s common stock on the date of grant. The Company grant s options to participants with an exercise price equal to the then current fair value of the common stock.
Earnings Per Share	Earnings Per Share Basic earnings (loss) per share is computed by dividing net income (loss) by the weighted average number of shares of common stock outstanding. Diluted earnings (loss) per share is computed by dividing net income (loss) by the weighted-average number of shares of common stock outstanding during the period, increased to include the number of shares of common stock that would have been outstanding had potential dilutive shares of common stock been issued. The dilutive effect of stock options and restricted stock units (“RSUs”) are reflected in diluted net income (loss) per share by applying the treasury stock method. See Note 17 to the Company’s condensed consolidated financial statements.
Newly Issued Accounting Statements And Positions	Newly Issued Accounting Statements and Positions In April 2014, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) 2014-08, “Reporting Discontinued Operations and Disclosure of Disposals of Components of an Entity” to change the criteria for reporting discontinued operations and enhance the convergence of the FASB’s and the International Standard Board’s reporting requirements for discontinued operations. The changes in ASU 2014-08 amend the definition of discontinued operations by limiting discontinued operations reporting to disposals of components of an entity that represent strategic shifts that have or will have a major effect on an entity’s operations and financial results. ASU 2014-08 requires expanded disclosures for discontinued operations and also requires an entity to disclose the pretax profit or loss of an individually significant component of an entity that does not qualify for discontinued operations reporting. The amendments in ASU 2014-08 are effective for fiscal years, and interim periods within those years, beginning after December 15, 2014. The adoption of this standard did not have a material impact on the Company’s condensed consolidated financial statements. In May 2014, the FASB issued ASU 2014-09, “Revenue from Contracts with Customers” to provide a single comprehensive model for entities to use in accounting for revenue arising from contracts with customers. This model supersedes most current revenue recognition guidance, including industry-specific guidance. The core principle of the revenue model is that “an entity recognizes revenue to depict the transfer of promised goods or services to customers in an amount that reflects the consideration to which the entity expects to be entitled in exchange for those goods or services.” Entities have the option of using either a full retrospective or modified approach to adopt the guidance. The amendments in ASU 2014-09 must be applied using either the retrospective or cumulative effect transition method and are effective for fiscal years, and interim periods within those years, beginning after December 15, 2017. Early adoption is permitted for fiscal years, and interim period within those years, beginning after December 15, 2016. The Company is currently evaluating the impact of adopting ASU 2014-09. In April 2015, the FASB issued ASU 2015-03, “Simplifying the Presentation of Debt Issuance Costs” to change the presentation of debt issuance costs in financial statements as part of the FASB’s simplification initiative. Under current guidance, an entity reports debt issuance costs in the balance sheet as deferred charges (i.e., as an asset). The ASU specifies that now “debt issuance costs related to a note shall be reported in the balance sheet as a direct deduction from the face amount of that note” and that “amortization of debt issuance costs also shall be reported as interest expense.” The amendments in ASU 2015-03 are effective for fiscal years, and interim periods within those years, beginning after December 15, 2015. The adoption of ASU 2015-03 will result in the retrospective presentation of debt issuance costs as a direct deduction from the face amount of that note instead of the current presentation as an asset for each of the balance sheet periods presented. The Company currently reports the amortization of debt issuance costs as interest expense.

Restructuring Charges (Tables)

Restructuring Charges (Tables)	9 Months Ended
	Sep. 30, 2015
Restructuring Charges [Abstract]
Schedule Of Restructuring Charges	Three Months Ended Nine Months Ended September 30, September 30, (In millions) 2015 2014 2015 2014 Terminix branch optimization (1) $ $ — $ $ Franchise services group reorganization (2) — Corporate (3) — — — Total restructuring charges $ $ $ $ ___________________________________ (1) Represents lease termination and severance costs. (2) R epresents severance costs. (3) Represents restructuring charges related to an initiative to enhance capabilities and reduce costs in the Company’s headquarters functions that provide Company-wide administrative services for the Company’s operations. For the nine months ended September 30, 2014, these charges included professional fees of $1 million and severance and other costs of $3 million.
Schedule Of Reconciliation Of The Beginning And Ending Balances Of Accrued Restructuring Charges	Accrued Restructuring (In millions) Charges Balance as of December 31, 2014 $ Costs incurred Costs paid or otherwise settled Balance as of September 30, 2015 $

Commitments and Contingencies (

Commitments and Contingencies (Tables)	9 Months Ended
	Sep. 30, 2015
Accrued Self-Insured Claims, Net [Member]
Commitments and Contingencies [Line Items]
Schedule Of Reconciliation Of Beginning And Ending Accrued Self-Insured Claims	Accrued Self-insured (In millions) Claims, Net Balance as of December 31, 2014 $ Provision for self-insured claims Cash payments Balance as of September 30, 2015 $ Balance as of December 31, 2013 $ Provision for self-insured claims Cash payments Balance as of September 30, 2014 $

Goodwill and Intangible Assets

Goodwill and Intangible Assets (Tables)	9 Months Ended
	Sep. 30, 2015
Goodwill and Intangible Assets [Abstract]
Schedule Of Goodwill Balances For Continuing Operations By Reportable Segment And For Other Operations And Headquarters	American Franchise (In millions) Terminix Home Shield Services Group Total Balance as of December 31, 2014 $ $ $ $ Acquisitions — — Disposals — — Other (1) — Balance as of September 30, 2015 $ $ $ $ ___________________________________ (1) Reflects the impact of foreign exchange rates.
Schedule Of Other Intangible Asset Balances For Continuing Operations	Estimated Remaining As of September 30, 2015 As of December 31, 2014 Useful Lives Accumulated Accumulated (In millions) (Years) Gross Amortization Net Gross Amortization Net Trade names (1) N/A $ $ — $ $ $ — $ Customer relationships 3 - 10 Franchise agreements 20 - 25 Other 4 - 30 Total $ $ $ $ $ $ ___________________________________ (1) Not subject to amortization.

Comprehensive Income (Loss) (Ta

Comprehensive Income (Loss) (Tables)	9 Months Ended
	Sep. 30, 2015
Comprehensive Income (Loss) [Abstract]
Summary Of The Activity In Other Comprehensive Income (Loss), Net Of The Related Tax Effects	Unrealized Gains on Unrealized Available Foreign Losses on -for-Sale Currency (In millions) Derivatives Securities Translation Total Balance as of December 31, 2014 $ $ $ $ Other comprehensive loss before reclassifications: Pre-tax amount — Tax benefit — — After-tax amount — Amounts reclassified from accumulated other comprehensive income (1) — Net current period other comprehensive loss Balance as of September 30, 2015 $ $ $ $ Balance as of December 31, 2013 $ $ $ $ Other comprehensive income before reclassifications: Pre-tax amount Tax (benefit) provision — — After-tax amount Amounts reclassified from accumulated other comprehensive income (1) — — Net current period other comprehensive loss Spin-off of the former TruGreen business — — Balance as of September 30, 2014 $ $ $ $ ___________________________________ (1) Amounts are net of tax. See reclassifications out of accumulated other comprehensive income (loss) below for further details.
Schedule Of Reclassifications Out Of Accumulated Other Comprehensive Income (Loss)	Amounts Reclassified from Accumulated Other Comprehensive Income Three Months Ended Nine Months Ended Condensed Consolidated Statements of September 30, September 30, Operations and Comprehensive Income (Loss) (In millions) 2015 2014 2015 2014 Location Losses on derivatives: Fuel swap contracts $ $ — $ $ — Cost of services rendered and products sold Interest rate swap contracts — — Interest expense Net losses on derivatives — — Impact of income taxes — — Provision for income taxes Total reclassifications related to derivatives $ $ — $ $ — Gains on available-for-sale securities $ — $ — $ $ Interest and net investment income Impact of income taxes — — Provision for income taxes Total reclassifications related to securities $ — $ — $ $ Total reclassifications for the period $ $ $ $

Supplemental Cash Flow Inform28

Supplemental Cash Flow Information (Tables)	9 Months Ended
	Sep. 30, 2015
Supplemental Cash Flow Information [Abstract]
Schedule Of Supplemental Information Relating To The Unaudited Condensed Consolidated Statements Of Cash Flows	Nine Months Ended September 30, (In millions) 2015 2014 Cash paid for or (received from): Interest expense $ $ Interest and dividend income Income taxes, net of refunds

Cash and Marketable Securities

Cash and Marketable Securities (Tables)	9 Months Ended
	Sep. 30, 2015
Cash and Marketable Securities [Abstract]
Schedule Of Amortized Cost, Fair Value And Gross Unrealized Gains And Losses Of The Company's Short- And Long-Term Investments In Debt And Equity Securities	Gross Gross Amortized Unrealized Unrealized Fair (In millions) Cost Gains Losses Value Available-for-sale and trading securities, September 30, 2015: Debt securities $ $ $ — $ Equity securities Total securities $ $ $ $ Available-for-sale and trading securities, December 31, 2014: Debt securities $ $ $ — $ Equity securities Total securities $ $ $ $
Schedule Of Proceeds And Gross Realized Gains Resulting From Sales Of Available-For-Sale Securities And Gross Realized Losses Or Impairment Charges Due To Other Than Temporary Declines In The Value Of Certain Investments	Three Months Ended Nine Months Ended September 30, September 30, (In millions) 2015 2014 2015 2014 Proceeds from sale of securities $ $ — $ $ Gross realized gains, pre-tax — — Gross realized gains, net of tax — — Gross realized losses, pre-tax — — — Gross realized losses, net of tax — — — —

Long-Term Debt (Tables)

Long-Term Debt (Tables)	9 Months Ended
	Sep. 30, 2015
Long-Term Debt [Abstract]
Schedule Of Long-Term Debt	As of As of September 30, December 31, (In millions) 2015 2014 Senior secured term loan facility maturing in 2021 (1) 7.00% senior notes maturing in 2020 — 8.00% senior notes maturing in 2020 (2) — Revolving credit facility maturing in 2019 — — 7.10% notes maturing in 2018 (3) 7.45% notes maturing in 2027 (3) 7.25% notes maturing in 2038 (3) Vehicle capital leases (4) Other Less current portion Total long-term debt $ $ ___________________________________ (1) As of September 30, 2015 and December 31, 2014, presented net of $17 million in unamortized original issue discount. (2) As of December 31, 2014, includes $1 million in unamortized premium received on the sale of $100 million aggregate principal amount of such notes. (3) As of September 30, 2015 and December 31, 2014, collectively presented net of $55 million and $59 million, respectively, of unamortized fair value adjustments related to purchase accounting, which increases the effective interest rate from the coupon rates shown above. (4) The Company has entered into a fleet management services agreement (the “Fleet Agreement”) which, among other things, allows the Company to obtain fleet vehicles through a leasing program. All leases under the Fleet Agreement are capital leases for accounting purposes. The lease rental payments include an interest component calculated using a variable rate based on one-month LIBOR plus other contractual adjustments and a borrowing margin totaling 2.45 percent.
Schedule of Interest Rate Swap Agreements	Trade Date Effective Date Expiration Date Notional Amount Fixed Rate(1) Floating Rate July 23, 2014 August 1, 2014 July 31, 2018 $300,000 1.786 % One month LIBOR July 23, 2014 March 1, 2015 July 31, 2018 $400,000 1.927 % One month LIBOR (1) Before the application of the applicable borrowing margin.

Acquisitions (Tables)

Acquisitions (Tables)	9 Months Ended
	Sep. 30, 2015
Acquisitions [Abstract]
Schedule Of Supplemental Cash Flow Information Regarding Acquisitions	Nine Months Ended September 30, (In millions) 2015 2014 Assets acquired $ $ Liabilities assumed — Net assets acquired $ $ Net cash paid $ $ Seller financed debt Purchase price $ $

Discontinued Operations (Tables

Discontinued Operations (Tables)	9 Months Ended
	Sep. 30, 2015
Discontinued Operations [Abstract]
Schedule Of Operating Results Of Discontinued Operations	Three Months Ended Nine Months Ended September 30, September 30, (In millions) 2015 2014 2015 2014 Revenue $ — $ — $ — $ Cost of services rendered and products sold — — — Selling and administrative expenses Goodwill and trade name impairment (1) — — — Restructuring charges — — — Loss before income taxes (1) Benefit for income taxes (1) — — Loss from discontinued operations, net of income taxes (1) $ $ $ $ ___________________________________ (1) In the nine months ended September 30, 2014, the Company recorded a pre-tax non-cash impairment charge of $139 million ( $84 million, net of tax) associated with the trade name at its former TruGreen business, which is reported in Loss from discontinued operations, net of income taxes.
Schedule Of Assets And Liabilities Of Discontinued Operations	Liabilities of Discontinued (In millions) Operations Balance as of December 31, 2014 $ Costs incurred Costs paid or otherwise settled Balance as of September 30, 2015 $

Business Segment Reporting (Tab

Business Segment Reporting (Tables)	9 Months Ended
	Sep. 30, 2015
Business Segment Reporting [Abstract]
Schedule Of Information For Continuing Operations For Each Reportable Segment And Other Operations And Headquarters	Three Months Ended Nine Months Ended September 30, September 30, (In millions) 2015 2014 2015 2014 Revenue: Terminix $ $ $ $ American Home Shield Franchise Services Group Reportable Segment Revenue $ $ $ $ Corporate Total Revenue $ $ $ $ Three Months Ended Nine Months Ended September 30, September 30, (In millions) 2015 2014 2015 2014 Reportable Segment Adjusted EBITDA: (1) Terminix $ $ $ $ American Home Shield Franchise Services Group Reportable Segment Adjusted EBITDA $ $ $ $ ___________________________________ (1) Presented below is a reconciliation of Reportable Segment Adjusted EBITDA to Net Income (Loss):
Schedule Of Reconciliation Of Reportable Segment Adjusted EBITDA To Net Income (Loss)	Three Months Ended Nine Months Ended September 30, September 30, (In millions) 2015 2014 2015 2014 Reportable Segment Adjusted EBITDA: Terminix $ $ $ $ American Home Shield Franchise Services Group Reportable Segment Adjusted EBITDA $ $ $ $ Unallocated corporate expenses $ $ $ $ Depreciation and amortization expense Non-cash impairment of software and other related costs — — — Non-cash stock-based compensation expense Restructuring charges Gain on sale of Merry Maids branches — — Management and consulting fees — — — Consulting agreement termination fees — — Loss from discontinued operations, net of income taxes (Provision) benefit for income taxes Loss on extinguishment of debt Interest expense Other — — Net Income (Loss) $ $ $ $

Fair Value Measurements (Tables

Fair Value Measurements (Tables)	9 Months Ended
	Sep. 30, 2015
Fair Value Measurements [Abstract]
Schedule Of The Carrying Amount And Estimated Fair Value Of The Company's Financial Instruments That Are Recorded At Fair Value On A Recurring Basis	Estimated Fair Value Measurements Quoted Significant Prices In Other Significant Active Observable Unobservable Statement of Financial Carrying Markets Inputs Inputs (In millions) Position Location Value (Level 1) (Level 2) (Level 3) As of September 30, 2015: Financial Assets: Deferred compensation trust Long-term marketable securities $ $ $ — $ — Investments in marketable securities Marketable securities and Long-term marketable securities — Total financial assets $ $ $ $ — Financial Liabilities: Fuel swap contracts: Current Other accrued liabilities $ $ — $ — $ Interest rate swap contracts Other long-term liabilities — — Total financial liabilities $ $ — $ $ As of December 31, 2014: Financial Assets: Deferred compensation trust Long-term marketable securities $ $ $ — $ — Investments in marketable securities Marketable securities and Long-term marketable securities — Total financial assets $ $ $ $ — Financial Liabilities: Fuel swap contracts: Current Other accrued liabilities $ $ — $ — $ Interest rate swap contracts Other long-term liabilities — — Total financial liabilities $ $ — $ $
Schedule Of Reconciliation Of The Beginning And Ending Fair Values Of Financial Instruments Valued Using Significant Unobservable Inputs (Level 3) On A Recurring Basis	Fuel Swap Contract Assets (In millions) (Liabilities) Location of Gain (Loss) included in Earnings Balance as of December 31, 2014 $ Total gains (realized and unrealized) Included in earnings Cost of services rendered and products sold Included in other comprehensive income Settlements Balance as of September 30, 2015 $ Balance as of December 31, 2013 $ Total gains (realized and unrealized) Included in earnings — Cost of services rendered and products sold Included in other comprehensive income Settlements — Balance as of September 30, 2014 $
Schedule Of Level 3 Financial Instruments	Fair Value Valuation Weighted (in millions) Technique Unobservable Input Range Average As of September 30, 2015: Fuel swap contracts $ Discounted Cash Flows Forward Unleaded Price per Gallon (1) $2.00 - $2.53 $ As of December 31, 2014: Fuel swap contracts $ Discounted Cash Flows Forward Unleaded Price per Gallon (1) $2.06 - $2.71 $ ___________________________________ (1) Forward prices per gallon were derived from third-party market data providers. A decrease in the forward price would result in a decrease in the fair value of the fuel swap contracts.

Earnings Per Share (Tables)

Earnings Per Share (Tables)	9 Months Ended
	Sep. 30, 2015
Earnings Per Share [Abstract]
Schedule Of Reconciliation Of The Amounts Included In The Computation Of Basic Earnings Per Share From Continuing Operations And Diluted Earnings Per Share From Continuing Operations	Three Months Ended Nine Months Ended September 30, September 30, (In millions, except per share data) 2015 2014 2015 2014 Income (Loss) from continuing operations $ $ $ $ Weighted average common shares outstanding Effect of dilutive securities: (1) RSUs — Stock options (2) — Weighted average common share outstanding—assuming dilution Basic earnings (loss) per share from continuing operations $ $ $ $ Diluted earnings (loss) per share from continuing operations $ $ $ $ ___________________________________ (1) Securities are not included in the table in periods when antidilutive. For the three months ended September 30, 2014, weighted average potentially dilutive shares from RSUs of 0.3 million and weighted average potentially dilutive shares from stock options of 1.9 million with a weighted average exercise price per share of $11.98 were excluded from the diluted earnings per share calculation due to the antidilutive effect such shares would have on net loss per common share. (2) Options to purchase 0.3 million shares for the three months ended September 30, 2015 , and 0.3 million and 1.7 million shares for the shares for the nine months ended September 30, 2015 and 20 14, respectively, were not included in the diluted earnings per share calculation because either their exercise price or proceeds per share exceeded the average market price of the Company’s common stock for each respective reporting date. For the three months ended September 30, 2014, there were no options with an exercise price or proceeds per share that exceeded the average market price of the Company’s common stock.

Basis of Presentation (Narrativ

Basis of Presentation (Narrative) (Details) - $ / shares	Jun. 12, 2015	Jun. 02, 2015	Feb. 13, 2015	Feb. 10, 2015	Jul. 01, 2014	Sep. 30, 2015	May. 27, 2015	Feb. 04, 2015	Dec. 31, 2014	Jun. 25, 2014
Basis of Presentation [Abstract]
Common stock registered for offering and sale						2,000,000,000	20,000,000	25,000,000	2,000,000,000	35,900,000
Additional shares of Common Stock sold to the underwriters							3,000,000	3,750,000		5,385,000
Share price (in dollars per share)	$ 34	$ 34	$ 29.50	$ 29.50	$ 17
Number of shares of Common Stock offered	3,000,000	20,000,000	3,750,000	25,000,000	41,285,000	51,750,000

Significant Accounting Polici37

Significant Accounting Policies (Narrative) (Details) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2015USD ($)	Sep. 30, 2014USD ($)	Sep. 30, 2015USD ($)segment	Sep. 30, 2014USD ($)	Dec. 31, 2014USD ($)	Oct. 01, 2014USD ($)
Significant Accounting Policies [Line Items]
Home warranty contracts term			1 year
Franchise revenue as a percentage of consolidated revenue from continuing operations			5.00%
Total profits from the franchised operations	$ 20	$ 18	$ 56	$ 54
Deferred revenue	549		549		$ 514
Deferred customer acquisition costs	34		34		35
Depreciation of property and equipment, including depreciation of assets held under capital leases	11	12	$ 35	36
Impairment charge				47
Impairment charges, net of tax				28
Number of reportable segments | segment			3
Goodwill	2,086		$ 2,086		$ 2,069
Restricted net assets	$ 171		$ 171
Nonrecurring [Member]
Significant Accounting Policies [Line Items]
Fair value of capitalized software		$ 0		$ 0
Terminix, American Home Shield, ServiceMaster Clean and Merry Maids [Member]
Significant Accounting Policies [Line Items]
Number of reportable segments | segment			4
Merry Maids [Member]
Significant Accounting Policies [Line Items]
Goodwill						$ 54
estimated fair value of the Merry Maids reporting unit exceeded its carrying value						3.00%

Restructuring Charges (Narrativ

Restructuring Charges (Narrative) (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2015	Sep. 30, 2014	Sep. 30, 2015	Sep. 30, 2014
Restructuring Charges [Abstract]
Restructuring charges	$ 2	$ 1	$ 4	$ 7
Restructuring charges, net of tax	$ 1	$ 1	$ 2	$ 4

Restructuring Charges (Schedule

Restructuring Charges (Schedule Of Restructuring Charges) (Details) - USD ($) $ in Millions		3 Months Ended		9 Months Ended
		Sep. 30, 2015	Sep. 30, 2014	Sep. 30, 2015	Sep. 30, 2014
Restructuring Cost and Reserve [Line Items]
Restructuring charges		$ 2	$ 1	$ 4	$ 7
Franchise Services Group Reorganization [Member]
Restructuring Cost and Reserve [Line Items]
Restructuring charges			$ 1	1	1
Terminix [Member] | Branch Optimization [Member]
Restructuring Cost and Reserve [Line Items]
Restructuring charges	[1]	$ 2		$ 3	2
Corporate [Member]
Restructuring Cost and Reserve [Line Items]
Restructuring charges	[2]				4
Professional fees					1
Other costs					$ 3
[1]	Represents lease termination and severance costs.R
[2]	Represents severance costs.Represents restructuring charges related to an initiative to enhance capabilities and reduce costs in the Company's headquarters functions that provide Company-wide administrative services for the Company's operations. For the nine months ended September 30, 2014, these charges included professional fees of $1 million and severance and other costs of $3 million.

Restructuring Charges (Schedu40

Restructuring Charges (Schedule Of Reconciliation Of The Beginning And Ending Balances Of Accrued Restructuring Charges) (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2015	Sep. 30, 2014	Sep. 30, 2015	Sep. 30, 2014
Reconciliation of the beginning and ending balances of accrued restructuring charges
Balance at the beginning of the period			$ 4
Costs incurred	$ 2	$ 1	4	$ 7
Costs paid or otherwise settled			(6)
Balance at the end of the period	$ 2		$ 2

Commitments and Contingencies41

Commitments and Contingencies (Narrative) (Details) $ in Millions	9 Months Ended
	Sep. 30, 2015USD ($)
Commitments and Contingencies [Abstract]
Net charge related to unasserted civil claims	$ 3

Commitments and Contingencies42

Commitments and Contingencies (Details) - Accrued Self-Insured Claims, Net [Member] - USD ($) $ in Millions	9 Months Ended
	Sep. 30, 2015	Sep. 30, 2014
Reconciliation of beginning and ending accrued self-insured claims
Balance at the beginning of the period	$ 104	$ 101
Provision for self-insured claims	28	29
Cash payments	(22)	(26)
Balance at the end of the period	$ 110	$ 104

Goodwill and Intangible Asset43

Goodwill and Intangible Assets (Narrative) (Details) - USD ($) $ in Millions		3 Months Ended		9 Months Ended
		Sep. 30, 2015	Sep. 30, 2014	Sep. 30, 2015	Sep. 30, 2014
Indefinite-lived Intangible Assets [Line Items]
Amortization expense		$ 7	$ 13	$ 31	$ 39
Amortization expense, for the remainder of 2015		5		5
Amortization expense, 2016		16		16
Amortization expense, 2017		12		12
Amortization expense, 2018		8		8
Amortization expense, 2019		4		4
Amortization expense, Thereafter		3		3
Accumulated impairment losses recorded in continuing operations		0		0
Goodwill and trade name impairment	[1]				139
Goodwill and trade name impairment, net of tax					84
Trade Names [Member]
Indefinite-lived Intangible Assets [Line Items]
Goodwill and trade name impairment		$ 0	$ 0	$ 0	0
TruGreen [Member]
Indefinite-lived Intangible Assets [Line Items]
Goodwill and trade name impairment					139
Goodwill and trade name impairment, net of tax					$ 84
[1]	In the nine months ended September 30, 2014, the Company recorded a pre-tax non-cash impairment charge of $139 million ($84 million, net of tax) associated with the trade name at its former TruGreen business, which is reported in Loss from discontinued operations, net of income taxes.

Goodwill and Intangible Asset44

Goodwill and Intangible Assets (Schedule Of Goodwill Balances For Continuing Operations By Reportable Segment And For Other Operations And Headquarters) (Details) $ in Millions	9 Months Ended
	Sep. 30, 2015USD ($)
Goodwill balances by segment for continuing operations
Balance at the beginning of the period	$ 2,069
Acquisitions	26
Disposals	(6)
Other	(4)	[1]
Balance at the end of the period	2,086
Terminix [Member]
Goodwill balances by segment for continuing operations
Balance at the beginning of the period	1,497
Acquisitions	26
Other	(3)	[1]
Balance at the end of the period	1,520
American Home Shield [Member]
Goodwill balances by segment for continuing operations
Balance at the beginning of the period	381
Balance at the end of the period	381
Franchise Services Group [Member]
Goodwill balances by segment for continuing operations
Balance at the beginning of the period	191
Disposals	(6)
Other	(1)	[1]
Balance at the end of the period	$ 185
[1]	Reflects the impact of foreign exchange rates.

Goodwill and Intangible Asset45

Goodwill and Intangible Assets (Schedule Of Other Intangible Asset Balances For Continuing Operations) (Details) - USD ($) $ in Millions		9 Months Ended
		Sep. 30, 2015	Dec. 31, 2014
Finite Lived and Indefinite Lived Intangible Assets by Major Class [Line Items]
Intangible Assets Gross, Excluding Goodwill		$ 2,283	$ 2,277
Accumulated Amortization		(611)	(581)
Intangible Assets Net, Excluding Goodwill		1,673	1,696
Customer Relationships [Member]
Finite Lived and Indefinite Lived Intangible Assets by Major Class [Line Items]
Intangible Assets Gross, Excluding Goodwill		540	533
Accumulated Amortization		(514)	(489)
Intangible Assets Net, Excluding Goodwill		$ 26	44
Customer Relationships [Member] | Minimum [Member]
Finite Lived and Indefinite Lived Intangible Assets by Major Class [Line Items]
Estimated Remaining Useful Lives		3 years
Customer Relationships [Member] | Maximum [Member]
Finite Lived and Indefinite Lived Intangible Assets by Major Class [Line Items]
Estimated Remaining Useful Lives		10 years
Franchise Agreements [Member]
Finite Lived and Indefinite Lived Intangible Assets by Major Class [Line Items]
Intangible Assets Gross, Excluding Goodwill		$ 88	88
Accumulated Amortization		(62)	(59)
Intangible Assets Net, Excluding Goodwill		$ 26	29
Franchise Agreements [Member] | Minimum [Member]
Finite Lived and Indefinite Lived Intangible Assets by Major Class [Line Items]
Estimated Remaining Useful Lives		20 years
Franchise Agreements [Member] | Maximum [Member]
Finite Lived and Indefinite Lived Intangible Assets by Major Class [Line Items]
Estimated Remaining Useful Lives		25 years
Other [Member]
Finite Lived and Indefinite Lived Intangible Assets by Major Class [Line Items]
Intangible Assets Gross, Excluding Goodwill		$ 47	47
Accumulated Amortization		(35)	(32)
Intangible Assets Net, Excluding Goodwill		$ 12	15
Other [Member] | Minimum [Member]
Finite Lived and Indefinite Lived Intangible Assets by Major Class [Line Items]
Estimated Remaining Useful Lives		4 years
Other [Member] | Maximum [Member]
Finite Lived and Indefinite Lived Intangible Assets by Major Class [Line Items]
Estimated Remaining Useful Lives		30 years
Trade Names [Member]
Finite Lived and Indefinite Lived Intangible Assets by Major Class [Line Items]
Intangible Assets Gross, Excluding Goodwill	[1]	$ 1,608	1,608
Intangible Assets Net, Excluding Goodwill	[1]	$ 1,608	$ 1,608
[1]	Not subject to amortization.

Stock-Based Compensation (Detai

Stock-Based Compensation (Details) - USD ($) $ / shares in Units, $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2015	Sep. 30, 2014	Sep. 30, 2015	Sep. 30, 2014	Jun. 12, 2015	Jun. 02, 2015	Apr. 27, 2015	Feb. 13, 2015	Feb. 10, 2015	Jul. 01, 2014
Stock-Based Compensation [Abstract]
Share price (in dollars per share)					$ 34	$ 34		$ 29.50	$ 29.50	$ 17
Stock-based compensation expense	$ 3	$ 2	$ 8	$ 5
Stock-based compensation expense, net of tax	2	$ 1	5	$ 3
Total unrecognized compensation costs related to non-vested stock options and restricted share units	$ 22		$ 22
Weighted-average period of recognition of stock-based compensation cost			2 years 3 months 26 days
Employee Stock Purchase Plan, maximum number of shares of common stock authorized for sale							1,000,000

Comprehensive Income (Loss) (Su

Comprehensive Income (Loss) (Summary Of The Activity In Other Comprehensive Income (Loss), Net Of The Related Tax Effects) (Details) - USD ($) $ in Millions		9 Months Ended
		Sep. 30, 2015	Sep. 30, 2014
Accumulated Other Comprehensive Income (Loss)
Balance at the beginning of period		$ (8)	$ 7
Other comprehensive (loss) income before reclassifications:
Pre-tax amount		(20)	(3)
Tax (benefit) provision		(5)
After-tax amount		(15)	(3)
Amounts reclassified from accumulated other comprehensive income	[1]	1	(2)
Net current-period other comprehensive income (loss)		(14)	(6)
Spin-off of the former TruGreen business			(2)
Balance at the end of period		(22)	(1)
Unrealized Losses on Derivatives [Member]
Accumulated Other Comprehensive Income (Loss)
Balance at the beginning of period		(6)	1
Other comprehensive (loss) income before reclassifications:
Pre-tax amount		(14)	(2)
Tax (benefit) provision		(5)	(1)
After-tax amount		(9)	(2)
Amounts reclassified from accumulated other comprehensive income	[1]	5
Net current-period other comprehensive income (loss)		(4)	(1)
Balance at the end of period		(10)	(1)
Unrealized Gains on Available-for-Sale Securities [Member]
Accumulated Other Comprehensive Income (Loss)
Balance at the beginning of period		6	7
Other comprehensive (loss) income before reclassifications:
Pre-tax amount			2
Tax (benefit) provision			1
After-tax amount			1
Amounts reclassified from accumulated other comprehensive income	[1]	(4)	(2)
Net current-period other comprehensive income (loss)		(4)	(2)
Balance at the end of period		2	5
Foreign Currency Translation [Member]
Accumulated Other Comprehensive Income (Loss)
Balance at the beginning of period		(8)	(1)
Other comprehensive (loss) income before reclassifications:
Pre-tax amount		(6)	(2)
After-tax amount		(6)	(2)
Net current-period other comprehensive income (loss)		(6)	(2)
Spin-off of the former TruGreen business			(2)
Balance at the end of period		$ (14)	$ (5)
[1]	Amounts are net of tax. See reclassifications out of accumulated other comprehensive income (loss) below for further details.

Comprehensive Income (Loss) (Sc

Comprehensive Income (Loss) (Schedule Of Reclassifications Out Of Accumulated Other Comprehensive Income (Loss)) (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2015	Sep. 30, 2014	Sep. 30, 2015	Sep. 30, 2014
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Cost of services rendered and products sold	$ 368	$ 344	$ 1,036	$ 983
Interest expense	41	49	128	171
Interest and net investment income			(8)	(7)
Provision for income taxes	(32)	3	(91)	(26)
Total reclassifications for the period	(49)	4	(144)	76
Amount Reclassified from Accumulated Other Comprehensive Income [Member]
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Total reclassifications for the period	(2)	$ (1)	(1)	2
Unrealized Losses on Derivatives [Member] | Amount Reclassified from Accumulated Other Comprehensive Income [Member]
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Net losses on derivatives	(3)		(8)
Provision for income taxes	1		3
Total reclassifications for the period	(2)		(5)
Unrealized Losses on Derivatives [Member] | Amount Reclassified from Accumulated Other Comprehensive Income [Member] | Fuel Swap Contracts [Member]
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Cost of services rendered and products sold	(1)		(4)
Unrealized Losses on Derivatives [Member] | Amount Reclassified from Accumulated Other Comprehensive Income [Member] | Interest Rate Swap Contracts [Member]
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Interest expense	$ (2)		(4)
Unrealized Gains on Available-for-Sale Securities [Member] | Amount Reclassified from Accumulated Other Comprehensive Income [Member]
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Interest and net investment income			6	4
Provision for income taxes			(2)	(2)
Total reclassifications for the period			$ 4	$ 2

Supplemental Cash Flow Inform49

Supplemental Cash Flow Information (Details) - USD ($) $ in Millions	9 Months Ended
	Sep. 30, 2015	Sep. 30, 2014
Cash paid for or (received from):
Interest expense	$ 149	$ 199
Interest and dividend income	(2)	(3)
Income taxes, net of refunds	38	11
Capital lease and other non-cash financing transactions	22	12
Cash received for franchise	9	$ 2
Merry Maids [Member]
Cash paid for or (received from):
Total purchase price for conversion of certain company-owned Merry Maids branches to franchises	12
Cash received for franchise	9
Financing provided for franchsie	$ 3

Cash and Marketable Securitie50

Cash and Marketable Securities (Narrative) (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2015	Sep. 30, 2014	Sep. 30, 2015	Sep. 30, 2014	Dec. 31, 2014
Cash and Marketable Securities [Abstract]
Portion of unrealized losses in loss position for more than one year	$ 1		$ 1		$ 0
Aggregate fair value of investments with unrealized losses	9		9		$ 29
Gross realized losses or impairment charges due to other than temporary declines in the value of certain investments	$ 0	$ 0	$ 0	$ 0

Cash and Marketable Securitie51

Cash and Marketable Securities (Schedule Of Amortized Cost, Fair Value And Gross Unrealized Gains And Losses Of The Company's Short- And Long-Term Investments In Debt And Equity Securities) (Details) - USD ($) $ in Millions	Sep. 30, 2015	Dec. 31, 2014
Schedule of Available-for-sale Securities [Line Items]
Amortized cost of securities	$ 78	$ 98
Gross unrealized gains of securities	4	10
Gross unrealized losses of securities	(1)	(1)
Fair value of securities	81	107
Debt Securities [Member]
Schedule of Available-for-sale Securities [Line Items]
Amortized cost of debt securities	60	65
Gross unrealized gains on debt securities	1	1
Fair value of debt securities	61	66
Equity Securities [Member]
Schedule of Available-for-sale Securities [Line Items]
Amortized cost of equity securities	18	33
Gross unrealized gains of equity securities	3	9
Gross unrealized losses of equity securities	(1)	(1)
Fair value of equity securities	$ 20	$ 41

Cash and Marketable Securitie52

Cash and Marketable Securities (Schedule Of Proceeds And Gross Realized Gains Resulting From Sales Of Available-For-Sale Securities And Gross Realized Losses)(Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2015	Sep. 30, 2014	Sep. 30, 2015	Sep. 30, 2014
Cash and Marketable Securities [Abstract]
Proceeds from sale of securities	$ 1		$ 21	$ 43
Gross realized gains, pre-tax			7	5
Gross realized gains, net of tax			$ 4	3
Gross realized losses, pre-tax				$ (1)
Gross realized losses, net of tax

Long-Term Debt (Refinancing of

Long-Term Debt (Refinancing of Indebtedness Narrative) (Details) - USD ($)	Feb. 17, 2015	Jul. 16, 2015	Sep. 30, 2015	Sep. 30, 2014	Sep. 30, 2015	Sep. 30, 2014	Aug. 17, 2015	Apr. 01, 2015	Dec. 31, 2014
Debt Instrument [Line Items]
Loss on extinguishment of debt			$ 31,000,000	$ 65,000,000	$ 58,000,000	$ 65,000,000
Revolving Credit Facility [Member]
Debt Instrument [Line Items]
Maximum borrowings								$ 300,000,000
8% 2020 Notes [Member]
Debt Instrument [Line Items]
Interest rate (as a percent)			8.00%		8.00%
Repayment of principal amount	$ 190,000,000							200,000,000	$ 100,000,000
Loss on extinguishment of debt					$ 13,000,000
Pre-payment premium	11,000,000
Write-off of debt issuance costs	$ 2,000,000
Redemption percentage	106.00%
7% 2020 Notes [Member]
Debt Instrument [Line Items]
Interest rate (as a percent)			7.00%		7.00%
Repayment of principal amount							$ 488,000,000
Loss on extinguishment of debt					$ 31,000,000
7% 2020 Notes [Member] | Expect [Member]
Debt Instrument [Line Items]
Pre-payment premium					25,000,000
Write-off of debt issuance costs					6,000,000
7% 2020 Notes [Member] | Subsequent Event [Member]
Debt Instrument [Line Items]
Redemption percentage		105.25%
Term Loan Facility [Member]
Debt Instrument [Line Items]
Face amount of debt instrument								1,825,000,000
Incremental Term Loans [Member]
Debt Instrument [Line Items]
Loss on extinguishment of debt					14,000,000
Pre-payment premium					12,000,000
Write-off of debt issuance costs					$ 2,000,000
Face amount of debt instrument							$ 400,000,000	$ 175,000,000

Long-Term Debt (Schedule Of Lon

Long-Term Debt (Schedule Of Long-Term Debt) (Details) - USD ($) $ in Millions		9 Months Ended
		Sep. 30, 2015	Dec. 31, 2014
Long-term debt [Line Items]
Less current portion		$ (49)	$ (39)
Total long-term debt		$ 2,702	3,017
Variable rate basis		one-month LIBOR
Vehicle Capital Leases [Member]
Long-term debt [Line Items]
Vehicle capital leases	[1]	$ 46	39
Borrowing margin (as a percent)		2.45%
Senior Secured Term Loan Facility Maturing In 2021 [Member]
Long-term debt [Line Items]
Long-term debt	[2]	$ 2,363	1,803
Unamortized Original Issue Discount		$ 17
7% 2020 Notes [Member]
Long-term debt [Line Items]
Long-term debt			488
Interest rate (as a percent)		7.00%
8% 2020 Notes [Member]
Long-term debt [Line Items]
Long-term debt	[3]		391
Interest rate (as a percent)		8.00%
Unamortized Premium			$ 1
Revolving Credit Facility Maturing In 2019 [Member]
Long-term debt [Line Items]
Long-term debt
7.10% Maturing 2018, 7.45% Maturing 2027, 7.25% Maturing 2038 [Member]
Long-term debt [Line Items]
Unamortized fair value adjustments related to purchase accounting		$ 55	$ 59
7.10% Notes Maturing In 2018 [Member]
Long-term debt [Line Items]
Long-term debt	[4]	$ 75	73
Interest rate (as a percent)		7.10%
7.45% Notes Maturing In 2027 [Member]
Long-term debt [Line Items]
Long-term debt	[4]	$ 163	161
Interest rate (as a percent)		7.45%
7.25% Notes Maturing In 2038 [Member]
Long-term debt [Line Items]
Long-term debt	[4]	$ 64	64
Interest rate (as a percent)		7.25%
Other [Member]
Long-term debt [Line Items]
Long-term debt		$ 41	$ 37
[1]	The Company has entered into a fleet management services agreement (the "Fleet Agreement") which, among other things, allows the Company to obtain fleet vehicles through a leasing program. All leases under the Fleet Agreement are capital leases for accounting purposes. The lease rental payments include an interest component calculated using a variable rate based on one-month LIBOR plus other contractual adjustments and a borrowing margin totaling 2.45 percent.
[2]	As of September 30, 2015 and December 31, 2014, presented net of $17 million in unamortized original issue discount.
[3]	As of December 31, 2014, includes $1 million in unamortized premium received on the sale of $100 million aggregate principal amount of such notes.
[4]	As of September 30, 2015 and December 31, 2014, collectively presented net of $55 million and $59 million, respectively, of unamortized fair value adjustments related to purchase accounting, which increases the effective interest rate from the coupon rates shown above.

Long-Term Debt (Schedule of Int

Long-Term Debt (Schedule of Interest Rate Swap Agreements) (Details) $ in Thousands	9 Months Ended
	Sep. 30, 2015USD ($)
Floating Rate	one-month LIBOR
Interest rate swap agreements effective August 1, 2014 [Member]
Notional amount	$ 300,000
Fixed Rate (as a percent)	1.786%	[1]
Floating Rate	One month LIBOR
Interest rate swap agreements effective March 1, 2015 [Member]
Notional amount	$ 400,000
Fixed Rate (as a percent)	1.927%	[1]
Floating Rate	One month LIBOR
[1]	Before the application of the applicable borrowing margin.

Acquisitions (Narrative) (Detai

Acquisitions (Narrative) (Details) - USD ($) $ in Millions	Feb. 28, 2014	Sep. 30, 2015	Sep. 30, 2014	Dec. 31, 2014
Acquisitions [Line Items]
Net purchase price		$ 37	$ 57
Goodwill		2,086		$ 2,069
Home Security of America, Inc. (HSA) [Member]
Acquisitions [Line Items]
Net purchase price	$ 32
Goodwill			34
Other intangibles related to acquisitions			18
Pest control, termite and franchise acquisitions [Member]
Acquisitions [Line Items]
Net purchase price		37	25
Goodwill		26	16
Other intangibles related to acquisitions		$ 9	$ 7

Acquisitions (Schedule Of Suppl

Acquisitions (Schedule Of Supplemental Cash Flow Information Regarding Acquisitions) (Details) - USD ($) $ in Millions	9 Months Ended
	Sep. 30, 2015	Sep. 30, 2014
Supplemental cash flow information regarding acquisitions
Assets acquired	$ 37	$ 92
Liabilities assumed		(35)
Net assets acquired	37	57
Net cash paid	31	52
Seller financed debt	6	5
Purchase price	$ 37	$ 57

Discontinued Operations (Narrat

Discontinued Operations (Narrative) (Details) - USD ($) $ in Millions	9 Months Ended
	Sep. 30, 2015	Dec. 31, 2014
Discontinued Operations [Abstract]
Expected service period for certain information technology services	2 years
Written notice period for termination of service agreement	90 days
Goodwill	$ 2,086	$ 2,069

Discontinued Operations (Schedu

Discontinued Operations (Schedule Of Operating Results Of Discontinued Operations) (Details) - USD ($) $ in Millions		3 Months Ended		9 Months Ended
		Sep. 30, 2015	Sep. 30, 2014	Sep. 30, 2015	Sep. 30, 2014
Operating results of discontinued operations
Revenue					$ 6
Cost of services rendered and products sold					12
Selling and administrative expenses		$ 1	$ 1	$ 2	13
Goodwill and trade name impairment	[1]				139
Goodwill and trade name impairment, net of tax					84
Restructuring charges					3
Loss before income taxes	[1]	(1)	(1)	(2)	(160)
Benefit for income taxes	[1]			(1)	(62)
Loss from discontinued operations, net of income taxes	[1]	$ (1)	$ (1)	$ (2)	$ (98)
[1]	In the nine months ended September 30, 2014, the Company recorded a pre-tax non-cash impairment charge of $139 million ($84 million, net of tax) associated with the trade name at its former TruGreen business, which is reported in Loss from discontinued operations, net of income taxes.

Discontinued Operations (Sche60

Discontinued Operations (Schedule Of Assets And Liabilities Of Discontinued Operations) (Details) $ in Millions	9 Months Ended
	Sep. 30, 2015USD ($)
Discontinued Operations [Abstract]
Beginning Balance	$ 9
Costs incurred	2
Costs paid or otherwise settled	(9)
Ending Balance	$ 1

Income Taxes (Details)

Income Taxes (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2015	Sep. 30, 2014	Sep. 30, 2015	Sep. 30, 2014	Dec. 31, 2014
Income Taxes [Abstract]
Unrecognized tax benefits that would impact effective tax rate if recognized	$ 16		$ 16		$ 13
Estimated reduction in unrecognized tax benefits during the next 12 months	$ 1		$ 1
Effective tax rate on income from continuing operations (as a percent)	39.30%	56.50%	38.60%	54.30%

Business Segment Reporting (Nar

Business Segment Reporting (Narrative) (Details)	9 Months Ended
	Sep. 30, 2015segment
Business Segment Reporting [Abstract]
Number of reportable segments	3
Maximum percentage of revenue from customers and franchisees generated in foreign market	2.00%

Business Segment Reporting (Sch

Business Segment Reporting (Schedule Of Information For Continuing Operations For Each Reportable Segment And Other Operations And Headquarters) (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2015	Sep. 30, 2014	Sep. 30, 2015	Sep. 30, 2014	Dec. 31, 2014
Segment Reporting Information [Line Items]
Revenue	$ 706	$ 664	$ 1,993	$ 1,880
Reportable Segment Adjusted EBITDA	176	157	504	450
Identifiable Assets	5,046		5,046		$ 5,134
Depreciation & Amortization Expense	18	25	66	76
Capital Expenditures			30	29
Operating Segment [Member]
Segment Reporting Information [Line Items]
Revenue	705	662	1,992	1,875
Reportable Segment Adjusted EBITDA	176	157	504	450
Terminix [Member]
Segment Reporting Information [Line Items]
Reportable Segment Adjusted EBITDA	82	77	272	248
Terminix [Member] | Operating Segment [Member]
Segment Reporting Information [Line Items]
Revenue	372	353	1,103	1,049
Reportable Segment Adjusted EBITDA	82	77	272	248
American Home Shield [Member]
Segment Reporting Information [Line Items]
Reportable Segment Adjusted EBITDA	74	61	174	144
American Home Shield [Member] | Operating Segment [Member]
Segment Reporting Information [Line Items]
Revenue	275	245	711	637
Reportable Segment Adjusted EBITDA	74	61	174	144
Franchise Services Group [Member]
Segment Reporting Information [Line Items]
Reportable Segment Adjusted EBITDA	20	19	58	58
Franchise Services Group [Member] | Operating Segment [Member]
Segment Reporting Information [Line Items]
Revenue	58	64	178	189
Reportable Segment Adjusted EBITDA	20	19	58	58
Corporate [Member]
Segment Reporting Information [Line Items]
Revenue	$ 1	$ 2	$ 2	$ 5

Business Segment Reporting (S64

Business Segment Reporting (Schedule Of Reconciliation Of Reportable Segment Adjusted EBITDA To Net Income (Loss)) (Details) - USD ($) $ in Millions		3 Months Ended		9 Months Ended
		Sep. 30, 2015	Sep. 30, 2014	Sep. 30, 2015	Sep. 30, 2014
Reconciliation of Reportable Segment Adjusted EBITDA to Net Income (Loss)
Reportable Segment Adjusted EBITDA		$ 176	$ 157	$ 504	$ 450
Depreciation and amortization expense		(18)	(25)	(66)	(76)
Non-cash impairment of software and other related costs					(47)
Non-cash stock-based compensation expense		(3)	(2)	(8)	(5)
Restructuring charges		(2)	(1)	(4)	(7)
Gain on sale of Merry Maids branches		3		5
Management and consulting fees					(4)
Consulting agreement termination fees			(21)		(21)
Loss from discontinued operations, net of income taxes	[1]	(1)	(1)	(2)	(98)
Benefit (provision) for income taxes		(32)	3	(91)	(26)
Loss on extinguishment of debt		(31)	(65)	(58)	(65)
Interest expense		(41)	(49)	(128)	(171)
Other non-operating expenses			1	(3)
Net Income (Loss)		49	(4)	144	(76)
Operating Segment [Member]
Reconciliation of Reportable Segment Adjusted EBITDA to Net Income (Loss)
Reportable Segment Adjusted EBITDA		176	157	504	450
Terminix [Member]
Reconciliation of Reportable Segment Adjusted EBITDA to Net Income (Loss)
Reportable Segment Adjusted EBITDA		82	77	272	248
Terminix [Member] | Operating Segment [Member]
Reconciliation of Reportable Segment Adjusted EBITDA to Net Income (Loss)
Reportable Segment Adjusted EBITDA		82	77	272	248
American Home Shield [Member]
Reconciliation of Reportable Segment Adjusted EBITDA to Net Income (Loss)
Reportable Segment Adjusted EBITDA		74	61	174	144
American Home Shield [Member] | Operating Segment [Member]
Reconciliation of Reportable Segment Adjusted EBITDA to Net Income (Loss)
Reportable Segment Adjusted EBITDA		74	61	174	144
Franchise Services Group [Member]
Reconciliation of Reportable Segment Adjusted EBITDA to Net Income (Loss)
Reportable Segment Adjusted EBITDA		20	19	58	58
Franchise Services Group [Member] | Operating Segment [Member]
Reconciliation of Reportable Segment Adjusted EBITDA to Net Income (Loss)
Reportable Segment Adjusted EBITDA		20	19	58	58
Corporate [Member]
Reconciliation of Reportable Segment Adjusted EBITDA to Net Income (Loss)
Restructuring charges	[2]				(4)
Other Operations and Headquarters [Member]
Reconciliation of Reportable Segment Adjusted EBITDA to Net Income (Loss)
Reportable Segment Adjusted EBITDA		$ (1)	$ (1)	$ (6)	$ (7)
[1]	In the nine months ended September 30, 2014, the Company recorded a pre-tax non-cash impairment charge of $139 million ($84 million, net of tax) associated with the trade name at its former TruGreen business, which is reported in Loss from discontinued operations, net of income taxes.
[2]	Represents severance costs.Represents restructuring charges related to an initiative to enhance capabilities and reduce costs in the Company's headquarters functions that provide Company-wide administrative services for the Company's operations. For the nine months ended September 30, 2014, these charges included professional fees of $1 million and severance and other costs of $3 million.

Related Party Transactions (Con

Related Party Transactions (Consulting Agreement and TruGreen Spin-off Narrative) (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2015	Sep. 30, 2014	Sep. 30, 2015	Sep. 30, 2014
Related party transactions
Management fees recorded				$ 4
Expected service period for certain information technology services			2 years
Written notice period for termination of service agreement			90 days
CD&R [Member]
Related party transactions
Annual consulting fees			$ 6
Management fees recorded		$ 4	0
StepStone, JPMorgan and Ridgemont [Member]
Related party transactions
Annual consulting fees			1
New TruGreen's [Member]
Related party transactions
Fees due from New TruGreen	$ 6	$ 8	$ 21	$ 27

Fair Value Measurements (Narrat

Fair Value Measurements (Narrative) (Details)	Sep. 30, 2015USD ($)
Derivative Instruments, Gain (Loss) [Line Items]
Letters of credit posted as collateral under fuel hedging program	$ 7,000,000
Fuel Swap Contracts [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Aggregate notional amount	$ 26,000,000

Fair Value Measurements (Schedu

Fair Value Measurements (Schedule Of The Carrying Amount And Estimated Fair Value Of The Company's Financial Instruments That Are Recorded At Fair Value On A Recurring Basis) (Details) - USD ($) $ in Millions	9 Months Ended	12 Months Ended
	Sep. 30, 2015	Dec. 31, 2014
Recurring [Member] | Quoted Price In Active Markets (Level 1) [Member]
Financial Assets:
Deferred compensation trust assets	$ 7	$ 8
Investments in marketable securities	37	53
Total financial assets	44	62
Recurring [Member] | Significant Other Observable Inputs (Level 2) [Member]
Financial Assets:
Investments in marketable securities	37	45
Total financial assets	37	45
Derivative liability, Noncurrent		4
Total financial liabilities	11	4
Recurring [Member] | Significant Other Observable Inputs (Level 2) [Member] | Interest Rate Swap Contracts [Member]
Financial Assets:
Derivative liability, Noncurrent	11
Recurring [Member] | Significant Unobservable Inputs (Level 3) [Member]
Financial Assets:
Derivative liability, Current		6
Total financial liabilities	5	6
Recurring [Member] | Significant Unobservable Inputs (Level 3) [Member] | Fuel Swap Contracts [Member]
Financial Assets:
Derivative liability, Current	5
Carrying Value [Member]
Carrying amount and estimated fair value of the company's financial instrument
Total debt	2,751	3,057
Carrying Value [Member] | Recurring [Member]
Financial Assets:
Deferred compensation trust assets	7	8
Investments in marketable securities	74	99
Total financial assets	81	107
Derivative liability, Current		6
Derivative liability, Noncurrent		4
Total financial liabilities	16	10
Carrying Value [Member] | Recurring [Member] | Fuel Swap Contracts [Member]
Financial Assets:
Derivative liability, Current	5
Carrying Value [Member] | Recurring [Member] | Interest Rate Swap Contracts [Member]
Financial Assets:
Derivative liability, Noncurrent	11
Estimated Fair Value [Member]
Carrying amount and estimated fair value of the company's financial instrument
Fair value of total debt	$ 2,817	$ 3,102

Fair Value Measurements (Sche68

Fair Value Measurements (Schedule Of Reconciliation Of The Beginning And Ending Fair Values Of Financial Instruments Valued Using Significant Unobservable Inputs (Level 3) On A Recurring Basis) (Details) - Fuel Swap Contract Assets (Liabilities) [Member] - USD ($) $ in Millions	9 Months Ended
	Sep. 30, 2015	Sep. 30, 2014
Reconciliation of the beginning and ending fair values of financial instruments valued using significant unobservable inputs (Level 3)
Balance at the beginning of the period	$ (6)	$ 1
Total gains (realized and unrealized):
Included in earnings	(4)
Included in other comprehensive income	1	(2)
Settlements	4
Balance at the end of the period	$ (5)	$ (1)

Fair Value Measurements (Sche69

Fair Value Measurements (Schedule Of Level 3 Financial Instruments) (Details) - Fuel Swap Contract Assets (Liabilities) [Member] $ in Millions		Sep. 30, 2015USD ($)$ / gal	Dec. 31, 2014USD ($)$ / gal		Sep. 30, 2014USD ($)	Dec. 31, 2013USD ($)
Information relating to the significant unobservable inputs of Level 3 financial instruments
Fair value at the end of the period | $		$ (5)	$ (6)		$ (1)	$ 1
Discounted Cash Flows [Member] | Minimum [Member]
Information relating to the significant unobservable inputs of Level 3 financial instruments
Forward Unleaded Price per Gallon (in dollars per gallon)		2	2.06	[1]
Discounted Cash Flows [Member] | Maximum [Member]
Information relating to the significant unobservable inputs of Level 3 financial instruments
Forward Unleaded Price per Gallon (in dollars per gallon)		2.53	2.71	[1]
Discounted Cash Flows [Member] | Weighted Average [Member]
Information relating to the significant unobservable inputs of Level 3 financial instruments
Forward Unleaded Price per Gallon (in dollars per gallon)	[1]	2.29	2.39
[1]	Forward prices per gallon were derived from third-party market data providers. A decrease in the forward price would result in a decrease in the fair value of the fuel swap contracts.

Earnings Per Share (Narrative)

Earnings Per Share (Narrative) (Details) - $ / shares	Jun. 12, 2015	Jun. 02, 2015	Feb. 13, 2015	Feb. 10, 2015	Jul. 01, 2014	Sep. 30, 2015	Sep. 30, 2014	Sep. 30, 2015	Sep. 30, 2014
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Weighted average exercise price of stock options excluded from the computation of diluted earnings per share							$ 11.98		$ 11.98
Number of shares of Common Stock offered	3,000,000	20,000,000	3,750,000	25,000,000	41,285,000			51,750,000
RSUs [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Potentially dilutive securities excluded from the diluted earnings per share computation because a net loss was incurred							300,000
Stock Options [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Potentially dilutive securities excluded from the diluted earnings per share computation because a net loss was incurred							1,900,000
Antidilutive securities excluded from computation of diluted earnings per share (in shares)						300,000	0	300,000	1,700,000

Earnings Per Share (Schedule Of

Earnings Per Share (Schedule Of Reconciliation Of The Amounts Included In The Computation Of Basic Earnings Per Share From Continuing Operations And Diluted Earnings Per Share From Continuing Operations) (Details) - USD ($) $ / shares in Units, shares in Millions, $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2015	Sep. 30, 2014	Sep. 30, 2015	Sep. 30, 2014
Earnings Per Share [Abstract]
(Loss) Income from continuing operations	$ 50	$ (3)	$ 145	$ 22
Weighted average common shares outstanding	135.2	133.2	134.9	105.8
Effect of dilutive securities:
RSUs	0.2		0.2	0.1
Stock options	1.3		1.4	0.8
Weighted average common share outstanding-assuming dilution	136.8	133.2	136.5	106.7
Basic earnings per share from continuing operations (in dollars per share)	$ 0.37	$ (0.02)	$ 1.08	$ 0.20
Diluted earnings per share from continuing operations (in dollars per share)	$ 0.37	$ (0.02)	$ 1.07	$ 0.20