Frontdoor (FTDR) 10-K 27 Feb 25 2024 FY Annual report Financial data

Document and Entity Information

Document and Entity Information - USD ($) $ in Billions	12 Months Ended
	Dec. 31, 2024	Feb. 20, 2025	Jun. 30, 2024
Document and Entity Information [Abstract]
Document Type	10-K
Document Annual Report	true
Document Period End Date	Dec. 31, 2024
Document Fiscal Period Focus	FY
Document Transition Report	false
Entity File Number	001-38617
Entity Registrant Name	Frontdoor, Inc.
Entity Incorporation, State or Country Code	DE
Entity Tax Identification Number	82-3871179
Entity Address, Address Line One	3400 Players Club Parkway
Entity Address, City or Town	Memphis
Entity Address, State or Province	TN
Entity Address, Postal Zip Code	38125
City Area Code	901
Local Phone Number	701-5000
Title of 12(b) Security	Common stock, par value $0.01 per share
Trading Symbol	FTDR
Security Exchange Name	NASDAQ
Entity Well-known Seasoned Issuer	Yes
Entity Voluntary Filers	No
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Large Accelerated Filer
Entity Small Business	false
Entity Emerging Growth Company	false
Entity Shell Company	false
ICFR Auditor Attestation Flag	true
Entity Common Stock, Shares Outstanding		74,745,629
Entity Public Float			$ 2.6
Current Fiscal Year End Date	--12-31
Amendment Flag	false
Document Fiscal Year Focus	2024
Entity Central Index Key	0001727263
Documents Incorporated by Reference	Documents incorporated by reference: Portions of the registrant’s proxy statement to be filed with the Securities and Exchange Commission in connection with the registrant’s 2025 annual meeting of stockholders (the “Proxy Statement”) are incorporated by reference into Part III hereof. Such Proxy Statement will be filed within 120 days of the registrant’s fiscal year ended December 31, 2024 .
Auditor Firm ID	34
Auditor Location	Memphis, Tennessee
Auditor Name	Deloitte & Touche LLP
Document Financial Statement Error Correction [Flag]	false
Auditor Opinion	Opinion on the Financial Statements We have audited the accompanying consolidated statements of financial position of Frontdoor, Inc. and subsidiaries (the “Company”) as of December 31, 2024 and 2023, and the related consolidated statements of operations and comprehensive income, statements of changes in total equity, and cash flows for each of the three years in the period ended December 31, 2024, and the related notes and the schedules listed in the Index at Item 15 (collectively referred to as the “financial statements”). In our opinion, the financial statements present fairly, in all material respects, the financial position of the Company as of December 31, 2024 and 2023, and the results of its operations and its cash flows for each of the three years in the period ended December 31, 2024, in conformity with accounting principles generally accepted in the United States of America. We have also audited, in accordance with the standards of the Public Company Accounting Oversight Board (United States) (PCAOB), the Company's internal control over financial reporting as of December 31, 2024, based on criteria established in Internal Control—Integrated Framework (2013) issued by the Committee of Sponsoring Organizations of the Treadway Commission and our report dated February 27, 2025, expressed an unqualified opinion on the Company's internal control over financial reporting.

Consolidated Statements of Oper

Consolidated Statements of Operations and Comprehensive Income - USD ($) shares in Millions, $ in Millions	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Consolidated Statements of Operations and Comprehensive Income [Abstract]
Revenue	$ 1,843	$ 1,780	$ 1,662
Cost of services rendered	852	895	952
Gross Profit	991	885	710
Selling and administrative expenses	612	581	521
Depreciation and amortization expense	39	37	34
Goodwill and intangibles impairment	0	0	14
Restructuring charges	8	16	20
Interest expense	40	40	31
Interest and net investment income	(20)	(16)	(4)
Loss on extinguishment of debt	3	0	0
Income before Income Taxes	309	229	93
Provision for income taxes	74	57	22
Net Income	235	171	71
Other Comprehensive (Loss) Income, Net of Income Taxes:
Unrealized (loss) gain on derivative instruments, net of income taxes	(6)	(3)	27
Total Other Comprehensive (Loss) Income, Net of Income Taxes	(6)	(3)	27
Comprehensive Income	$ 229	$ 169	$ 98
Earnings per Share:
Basic	$ 3.05	$ 2.13	$ 0.87
Diluted	$ 3.01	$ 2.12	$ 0.87
Weighted-average Common Shares Outstanding:
Basic	77	80.5	81.8
Diluted	78	80.9	82

Consolidated Statements of Fina

Consolidated Statements of Financial Position - USD ($) $ in Millions	Dec. 31, 2024	Dec. 31, 2023
Current Assets:
Cash and cash equivalents	$ 421	$ 325
Marketable securities	15	0
Receivables, less allowance of $4 and $5, respectively	10	6
Prepaid expenses and other current assets	42	32
Total Current Assets	488	363
Other Assets:
Property and equipment, net	73	60
Goodwill	967	503
Intangible assets, net	448	143
Operating lease right-of-use assets	8	3
Long-term marketable securities	38	0
Deferred Reinsurance	65	0
Reinsurance recoverables	9	0
Deferred customer acquisition costs	11	12
Other assets	2	5
Total Assets	2,107	1,089
Current Liabilities:
Accounts payable	71	76
Accrued liabilities:
Payroll and related expenses	44	38
Home warranty claims	74	76
Other	28	22
Deferred revenue	123	102
Current portion of long-term debt	29	17
Total Current Liabilities	369	331
Long-Term Debt	1,170	577
Other Long-Term Liabilities:
Deferred tax liabilities, net	49	25
Operating lease liabilities	20	16
Unearned insurance premium	233	0
Unpaid losses and loss adjustment reserves	12	0
Long-term deferred revenue	12	0
Other long-term liabilities	4	5
Total Other Long-Term liabilities	329	46
Commitments and Contingencies (Note 9)
Shareholders' Equity:
Common stock, $0.01 par value; 2,000,000,000 shares authorized; 87,434,468 shares issued and 75,314,243 shares outstanding as of December 31, 2024 and 86,553,387 shares issued and 78,378,511 shares outstanding as of December 31, 2023	1	1
Additional paid-in capital	152	117
Retained earnings	530	296
Accumulated other comprehensive (loss) income	0	6
Less treasury stock, at cost; 12,120,225 shares as of December 31, 2024 and 8,174,876 shares as of December 31, 2023	(444)	(283)
Total Shareholders' Equity	239	136
Total Liabilities and Shareholders' Equity	$ 2,107	$ 1,089

Consolidated Statements of Fi_2

Consolidated Statements of Financial Position (Parenthetical) - USD ($) $ in Millions	Dec. 31, 2024	Dec. 31, 2023
Consolidated Statements of Financial Position [Abstract]
Allowance for receivables (in dollars)	$ 4	$ 5
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)	87,434,468	86,553,387
Common stock, shares outstanding (in shares)	75,314,243	78,378,511
Treasury stock (in shares)	12,120,225	8,174,876

Consolidated Statements of Chan

Consolidated Statements of Changes in (Deficit) Equity - USD ($) shares in Millions, $ in Millions	Total	Common Stock [Member]	Additional Paid-in Capital [Member]	Retained Earnings [Member]	Accumulated Other Comprehensive Income (Loss) [Member]	Treasury Stock [Member]
Balance at beginning of period at Dec. 31, 2021	$ 2	$ 1	$ 70	$ 53	$ (18)	$ (103)
Balance, shares at Dec. 31, 2021		83
Net income	71			71
Stock-based compensation expense	22		22
Taxes paid related to net share settlement of equity awards	(3)		(3)
Issuance of common stock related to ESPP	1		1
Repurchases of common stock	(59)					(59)
Repurchases of common stock, shares		(2)
Other comprehensive income (loss), net of tax	27				27
Balance at end of period at Dec. 31, 2022	61	$ 1	90	124	8	(162)
Balance, shares at Dec. 31, 2022		82
Net income	171			171
Stock-based compensation expense	26		26
Exercise of stock options	4		4
Taxes paid related to net share settlement of equity awards	(4)		(4)
Issuance of common stock related to ESPP	1		1
Repurchases of common stock	(121)					(121)
Repurchases of common stock, shares		(4)
Other comprehensive income (loss), net of tax	(3)				(3)
Balance at end of period at Dec. 31, 2023	136	$ 1	117	296	6	(283)
Balance, shares at Dec. 31, 2023		78
Net income	235			235
Stock-based compensation expense	26		26
Exercise of stock options	14		14
Taxes paid related to net share settlement of equity awards	(6)		(6)
Issuance of common stock related to ESPP	1		1
Repurchases of common stock	(161)					(161)
Repurchases of common stock, shares		(4)
Other comprehensive income (loss), net of tax	(6)				(6)
Balance at end of period at Dec. 31, 2024	$ 239	$ 1	$ 152	$ 530	$ 0	$ (444)
Balance, shares at Dec. 31, 2024		75

Consolidated Statements of Cash

Consolidated Statements of Cash Flows - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Consolidated Statements of Cash Flows [Abstract]
Cash and Cash Equivalents at Beginning of Period	$ 325	$ 292	$ 262
Cash Flows from Operating Activities:
Net Income	235	171	71
Adjustments to reconcile net income to net cash provided from operating activities:
Depreciation and amortization expense	39	37	34
Deferred income tax benefit	0	(13)	(10)
Stock-based compensation expense	26	26	22
Goodwill and intangibles impairment	0	0	14
Restructuring charges	8	16	20
Payments for restructuring charges	(6)	(7)	(5)
Loss on extinguishment of debt	3	0	0
Other	1	6	1
Changes in working capital:
Receivables	1	0	2
Prepaid expenses and other current assets	(2)	(1)	(3)
Accounts payable	(7)	(4)	15
Deferred revenue	(9)	(19)	(35)
Accrued liabilities	(11)	(7)	10
Current income taxes	(8)	(1)	6
Net Cash Provided from Operating Activities	270	202	142
Cash Flows from Investing Activities:
Purchases of property and equipment	(39)	(32)	(40)
Business acquisitions, net of cash acquired	(583)	0	0
Other investing activities	0	0	4
Net Cash Used for Investing Activities	(622)	(32)	(35)
Cash Flows from Financing Activities:
Borrowings of debt, net of discount	1,216	0	0
Repayments of debt	(598)	(17)	(17)
Debt issuance costs paid	(18)	0	0
Repurchases of common stock	(161)	(121)	(59)
Other financing activities	9	1	(2)
Net Cash Provided from (Used for) Financing Activities	447	(137)	(77)
Cash Increase During the Period	96	34	29
Cash and Cash Equivalents at End of Period	$ 421	$ 325	$ 292

Cybersecurity Risk Management,

Cybersecurity Risk Management, Strategy and Governance	12 Months Ended
	Dec. 31, 2024
Cybersecurity Risk Management, Strategy, and Governance [Line Items]
Cybersecurity Risk Management Processes for Assessing, Identifying, and Managing Threats [Text Block]	ITEM 1C. CYBERSECUR ITY Risk Assessment, Identification and Management Processes We have implemented a cybersecurity risk management strategy to assess, identify and manage material risks from cybersecurity threats. This strategy is designed to protect our systems, data and operations from potential cyber threats and to ensure the continuity of our business operations. We conduct regular risk assessments to identify potential cybersecurity threats. These assessments involve evaluating our systems, networks and data for vulnerabilities that could be exploited by cyber threats through, among other things, vulnerability scanning and penetration testing. Once risks are identified, we implement measures to manage and mitigate these risks. This includes updating and patching our systems, implementing security controls and monitoring our networks for suspicious activity. We have a process in place to respond to any identified threats, which includes containment, eradication and recovery measures. We also monitor and update our cybersecurity risk management strategy to respond to the evolving cyber threat landscape. This includes staying abreast of the latest cybersecurity threats and trends and updating our systems and processes accordingly. Integration with Overall Risk Management. Our cybersecurity processes are integrated into our overall enterprise risk management program and business continuity processes. In this regard, we address cybersecurity risks through a comprehensive, cross-functional approach across our technology, legal, compliance, finance and other teams aimed at preserving the confidentiality, security and availability of the information that we collect and store by identifying, preventing and mitigating cybersecurity threats and effectively responding to cybersecurity incidents when they occur. This integration helps ensure that the breadth of potential impacts from cybersecurity risks are considered and that our approach to managing these risks is consistent and coordinated across teams within our business. Through our enterprise risk management program, our cybersecurity risk is regularly evaluated, and we regularly report this assessment of our cybersecurity risk to management and to the audit committee of our board of directors. We also periodically review our cybersecurity risk with our entire board of directors. Engaging Third Parties in Risk Management. We use a combination of internal resources and external assessors, consultants and auditors to conduct our cybersecurity risk assessments and identification. We periodically examine our cybersecurity program with these third parties, evaluating its effectiveness in part by considering industry standards and established frameworks, such as the National Institute of Standards and Technology, as guidelines, along with compliance with our internal cybersecurity controls. We also work with third parties to assess our incident response preparedness and to manage and track our risks. Overseeing Risks Associated with Third-Party Service Providers. We have established a third-party risk management program to evaluate new and existing third-party service providers for their security controls and processes; identify cyber risks associated to the third-party service providers requiring remediation tracking; and continuously monitor the cyber risk posture of third-party service providers. Where appropriate, our contracts with third-party service providers require agreement and adherence to security and privacy requirements, including: the proper access, use, retention and deletion of data; security awareness training; security incident response and breach notification; our rights to security assessment, testing and audits; compliance with laws and industry standards; and system and services requirements. For example, we require our business process outsourcers, which are providers that support certain customer services operations and other services, to complete security awareness training and payment card industry data security standards training. Risks from Cybersecurity Threats As of the date of this report, we are not aware of any cybersecurity threats that have materially affected or are reasonably likely to materially affect our business strategy, results of operations or financial condition ; however, see Item IA. Risk Factors in Part I of this Annual Report on Form 10-K for a discussion of effects that a cybersecurity threat or incident could have on our business strategy, results of operations or financial condition. We also maintain an incident response plan to respond to any cybersecurity incident. This plan outlines the steps we will take to respond to an incident, including identifying and containing the incident, eradicating the threat, recovering our systems and communicating with relevant stakeholders. Board of Directors Oversight of Cybersecurity Risk Our board of directors is responsible for oversight of our enterprise risk management program, which incorporates cybersecurity risk. The audit committee undertakes primary responsibility for assisting the board of directors in overseeing cybersecurity risk, including policies and procedures for assessing, managing and responding to cybersecurity risk. The audit committee meets with appropriate members of our management team at least quarterly—and third-party assessors, consultants and auditors as needed—to review and discuss cybersecurity risk. The full board of directors receives quarterly updates from the audit committee on its oversight of cybersecurity risk and engages in further review for the full board of directors from time to time as appropriate. Management’s Role in Assessing and Managing Material Risks Our technology team, and particularly our information security team, is actively involved in the development and implementation of policies and tools to assess risk and identify emergent risks, with cross-functional support from enterprise risk management, legal, compliance and finance, among other teams. We have established governance structures to increase the maturity of our cybersecurity program with a governance, risk and compliance approach. This includes the identification of internal weaknesses and the mitigation of information technology risks through training programs or new policies and internal controls. Management is also responsible for the testing of the overall security posture and the documentation of risk management and security for regulatory examinations and for regular review of security and privacy requirements. In addition to our internal cybersecurity team, our company has retained a third-party security firm to aid in the identification, containment, eradication and recovery of systems, data or both in the event of a material security incident. Risk Management Personnel. Among management, our Chief Information Security Officer (“CISO”), together with our Chief Operating Officer (“COO”), is responsible for leading efforts to assess and manage cybersecurity risks. Our CISO has over 20 years of experience assessing and managing cybersecurity risk, including leading information security teams at complex web-based businesses, and has a Master’s degree in Computer Information Systems and multiple professional and cybersecurity certifications, including CISM, CDPSE, CIPM, CIPT, and PMP. Our COO oversees, among other things, our company’s technology strategy and architecture and the integration and delivery of technology into our operations and service offerings. Our COO has over 10 years of experience supervising teams in implementations of key internal- and external-facing technology systems. Prior to joining the Company, our COO worked at a multinational public technology company and led teams in solving operations problems with technology. Our COO has a Bachelor’s degree in Chemical Engineering, a Master's degree in Business Administration and a Juris Doctorate. Monitoring Cybersecurity Incidents. On a daily basis, our information security team monitors, identifies and classifies potential cybersecurity events and is responsible for notifying the COO and CISO of such events as appropriate based on risk to our organization. Our COO and CISO are responsible for notifying executive leadership, other functional teams and our audit committee, as appropriate. Reporting to the Board of Directors. Our COO and CISO report to the audit committee at least quarterly about the detection, prevention, mitigation and remediation of cybersecurity events, including information about the latest cybersecurity threats, the status of our prevention and detection measures and the effectiveness of our mitigation and remediation efforts, as well as any other cybersecurity risk management activities and the progress of related projects. These briefings include updates on the formalized incident response plan, communications and escalation procedures. Management will apprise the board of directors of cybersecurity incidents deemed to have a moderate or higher business impact, even if immaterial to us.
Cybersecurity Risk Management Processes Integrated [Flag]	true
Cybersecurity Risk Management Processes Integrated [Text Block]	Integration with Overall Risk Management. Our cybersecurity processes are integrated into our overall enterprise risk management program and business continuity processes. In this regard, we address cybersecurity risks through a comprehensive, cross-functional approach across our technology, legal, compliance, finance and other teams aimed at preserving the confidentiality, security and availability of the information that we collect and store by identifying, preventing and mitigating cybersecurity threats and effectively responding to cybersecurity incidents when they occur. This integration helps ensure that the breadth of potential impacts from cybersecurity risks are considered and that our approach to managing these risks is consistent and coordinated across teams within our business. Through our enterprise risk management program, our cybersecurity risk is regularly evaluated, and we regularly report this assessment of our cybersecurity risk to management and to the audit committee of our board of directors. We also periodically review our cybersecurity risk with our entire board of directors.
Cybersecurity Risk Management Third Party Engaged [Flag]	true
Cybersecurity Risk Third Party Oversight and Identification Processes [Flag]	true
Cybersecurity Risk Materially Affected or Reasonably Likely to Materially Affect Registrant [Flag]	false
Cybersecurity Risk Board of Directors Oversight [Text Block]	Board of Directors Oversight of Cybersecurity Risk Our board of directors is responsible for oversight of our enterprise risk management program, which incorporates cybersecurity risk. The audit committee undertakes primary responsibility for assisting the board of directors in overseeing cybersecurity risk, including policies and procedures for assessing, managing and responding to cybersecurity risk. The audit committee meets with appropriate members of our management team at least quarterly—and third-party assessors, consultants and auditors as needed—to review and discuss cybersecurity risk. The full board of directors receives quarterly updates from the audit committee on its oversight of cybersecurity risk and engages in further review for the full board of directors from time to time as appropriate.
Cybersecurity Risk Board Committee or Subcommittee Responsible for Oversight [Text Block]	Our board of directors is responsible for oversight of our enterprise risk management program, which incorporates cybersecurity risk. The audit committee undertakes primary responsibility for assisting the board of directors in overseeing cybersecurity risk, including policies and procedures for assessing, managing and responding to cybersecurity risk. The audit committee meets with appropriate members of our management team at least quarterly—and third-party assessors, consultants and auditors as needed—to review and discuss cybersecurity risk.
Cybersecurity Risk Process for Informing Board Committee or Subcommittee Responsible for Oversight [Text Block]	The full board of directors receives quarterly updates from the audit committee on its oversight of cybersecurity risk and engages in further review for the full board of directors from time to time as appropriate.
Cybersecurity Risk Role of Management [Text Block]	Management’s Role in Assessing and Managing Material Risks Our technology team, and particularly our information security team, is actively involved in the development and implementation of policies and tools to assess risk and identify emergent risks, with cross-functional support from enterprise risk management, legal, compliance and finance, among other teams. We have established governance structures to increase the maturity of our cybersecurity program with a governance, risk and compliance approach. This includes the identification of internal weaknesses and the mitigation of information technology risks through training programs or new policies and internal controls. Management is also responsible for the testing of the overall security posture and the documentation of risk management and security for regulatory examinations and for regular review of security and privacy requirements. In addition to our internal cybersecurity team, our company has retained a third-party security firm to aid in the identification, containment, eradication and recovery of systems, data or both in the event of a material security incident. Risk Management Personnel. Among management, our Chief Information Security Officer (“CISO”), together with our Chief Operating Officer (“COO”), is responsible for leading efforts to assess and manage cybersecurity risks. Our CISO has over 20 years of experience assessing and managing cybersecurity risk, including leading information security teams at complex web-based businesses, and has a Master’s degree in Computer Information Systems and multiple professional and cybersecurity certifications, including CISM, CDPSE, CIPM, CIPT, and PMP. Our COO oversees, among other things, our company’s technology strategy and architecture and the integration and delivery of technology into our operations and service offerings. Our COO has over 10 years of experience supervising teams in implementations of key internal- and external-facing technology systems. Prior to joining the Company, our COO worked at a multinational public technology company and led teams in solving operations problems with technology. Our COO has a Bachelor’s degree in Chemical Engineering, a Master's degree in Business Administration and a Juris Doctorate. Monitoring Cybersecurity Incidents. On a daily basis, our information security team monitors, identifies and classifies potential cybersecurity events and is responsible for notifying the COO and CISO of such events as appropriate based on risk to our organization. Our COO and CISO are responsible for notifying executive leadership, other functional teams and our audit committee, as appropriate. Reporting to the Board of Directors. Our COO and CISO report to the audit committee at least quarterly about the detection, prevention, mitigation and remediation of cybersecurity events, including information about the latest cybersecurity threats, the status of our prevention and detection measures and the effectiveness of our mitigation and remediation efforts, as well as any other cybersecurity risk management activities and the progress of related projects. These briefings include updates on the formalized incident response plan, communications and escalation procedures. Management will apprise the board of directors of cybersecurity incidents deemed to have a moderate or higher business impact, even if immaterial to us.
Cybersecurity Risk Management Positions or Committees Responsible [Flag]	true
Cybersecurity Risk Management Positions or Committees Responsible [Text Block]	Among management, our Chief Information Security Officer (“CISO”), together with our Chief Operating Officer (“COO”), is responsible for leading efforts to assess and manage cybersecurity risks.
Cybersecurity Risk Management Expertise of Management Responsible [Text Block]	Our CISO has over 20 years of experience assessing and managing cybersecurity risk, including leading information security teams at complex web-based businesses, and has a Master’s degree in Computer Information Systems and multiple professional and cybersecurity certifications, including CISM, CDPSE, CIPM, CIPT, and PMP. Our COO oversees, among other things, our company’s technology strategy and architecture and the integration and delivery of technology into our operations and service offerings. Our COO has over 10 years of experience supervising teams in implementations of key internal- and external-facing technology systems. Prior to joining the Company, our COO worked at a multinational public technology company and led teams in solving operations problems with technology. Our COO has a Bachelor’s degree in Chemical Engineering, a Master's degree in Business Administration and a Juris Doctorate.
Cybersecurity Risk Process for Informing Management or Committees Responsible [Text Block]	On a daily basis, our information security team monitors, identifies and classifies potential cybersecurity events and is responsible for notifying the COO and CISO of such events as appropriate based on risk to our organization. Our COO and CISO are responsible for notifying executive leadership, other functional teams and our audit committee, as appropriate.
Cybersecurity Risk Management Positions or Committees Responsible Report to Board [Flag]	true

Pay vs Performance Disclosure

Pay vs Performance Disclosure - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Pay vs Performance Disclosure
Net Income (Loss)	$ 235	$ 171	$ 71

Insider Trading Arrangements

Insider Trading Arrangements	3 Months Ended
	Dec. 31, 2024
Trading Arrangements, by Individual
Rule 10b5-1 Arrangement Adopted	false
Non-Rule 10b5-1 Arrangement Adopted	false
Rule 10b5-1 Arrangement Terminated	false
Non-Rule 10b5-1 Arrangement Terminated	false

Description of Business

Description of Business	12 Months Ended
	Dec. 31, 2024
Description of Business [Abstract]
Description of Business	Note 1. Description of Business Frontdoor is the leading provider of home warranties and new home structural warranties in the United States, as measured by revenue, and operates primarily under the American Home Shield and 2-10 HBW brands. Our customizable home warranties help customers protect and maintain their homes, typically their most valuable asset, from costly and unplanned breakdowns of essential home systems and appliances. Our home warranty customers usually subscribe to an annual service plan agreement that covers the repair or replacement of major components of up to 29 home systems and appliances, including electrical, plumbing, HVAC systems, water heaters, refrigerators, dishwashers and ranges/ovens/cooktops, as well as optional coverages for electronics, pools, spas and pumps. Our new home structural warranty business provides value to home builders and owners of new homes by providing coverage, including insurance-backed coverage for workmanship, systems and/or structural failures, as well as other post-construction services. We also offer non-warranty home services via our website and app to our home warranty customers directly and others through partnerships and our subscription-based Frontdoor app. As of December 31, 2024, we had approximately 2.1 million active home warranties across all brands in the United States.

Significant Accounting Policies

Significant Accounting Policies	12 Months Ended
	Dec. 31, 2024
Significant Accounting Policies [Abstract]
Significant Accounting Policies	Note 2. Significant Accounting Policies Consolidation Our consolidated financial statements include all of our wholly-owned subsidiaries. All intercompany transactions and balances have been eliminated in consolidation. Use of Estimates The preparation of the consolidated financial statements requires management to make certain estimates and assumptions required under U.S. GAAP that may differ from actual results. The more significant areas requiring the use of management estimates relate to: revenue recognition; business combinations; home warranty claims accruals; the valuation of property and equipment, marketable securities, goodwill and intangible assets; useful lives for recognizing depreciation and amortization expense; accruals for current and deferred tax accounts; stock-based compensation expense; and litigation matters. Revenue The majority of our revenue is generated from home warranty contracts entered into with our customers. Home warranty contracts are typically one year in duration. Home warranty claims costs are expensed as incurred. We recognize revenue over the life of these contracts in proportion to the expected direct costs. Those costs bear a direct relationship to the fulfillment of our obligations under the contracts and are representative of the relative value provided to our customers. We regularly review our estimates of claims costs and adjust our estimates when appropriate. Revenues are presented net of sales taxes collected and remitted to government taxing authorities in the accompanying consolidated statements of operations and comprehensive income. We record a receivable due from customers once we have an unconditional right to invoice and receive payment in the future related to the services provided and anticipate the collection of amounts due to us. We invoice our monthly-pay customers on a straight-line basis over the contract term. As a result, contract assets arise when we recognize revenue for our home warranty contracts prior to a customer being invoiced. Deferred revenue represents a contract liability and is recognized when cash payments are received in advance of the performance of services, including when the amounts are refundable. Amounts are recognized as revenue in proportion to the costs expected to be incurred in performing services under our contracts. Property and Equipment, Goodwill and Intangible Assets Property and equipment consist of the following: As of Estimated (In millions) 2024 2023 (Years) Land $ 2 $ — Buildings and improvements 11 4 10 - 40 Technology and communications 139 159 3 - 7 Office equipment, furniture and fixtures, and vehicles 5 3 5 - 7 Property and equipment, gross 157 166 Less accumulated depreciation ( 84 ) ( 105 ) Property and equipment, net $ 73 $ 60 Depreciation of property and equipment wa s $ 35 million, $ 32 million and $ 27 million for the years ended December 31, 2024, 2023 and 2022, respectively. Property and equipment are recorded at cost. Property and equipment and intangible assets with finite lives are depreciated on a straight-line basis over their estimated useful lives. These lives are based on our previous experience for similar assets, potential market obsolescence and other industry and business data. Property and equipment and finite-lived intangible assets are tested for recoverability if circumstances indicate a potential impairment. If the carrying amount 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 could cause us to adjust the carrying values or future expense accordingly. Goodwill and indefinite-lived intangible assets are not amortized and are subject to assessment for impairment on an annual basis, or more frequently if circumstances indicate a potential impairment. We perform our annual assessment for impairment on October 1 of every year. Goodwill and indefinite-lived intangible assets are tested for impairment at the reporting unit level. The Company can elect to first perform a qualitative assessment to determine whether it is more likely than not that the fair value of the reporting unit is less than its carrying amount. If the reporting unit does not pass the qualitative assessment, or if the Company does not elect to perform the initial qualitative assessment, then the reporting unit’s carrying amount is compared to its fair value. The fair values of the reporting units are estimated using market and discounted cash flow approaches. The discounted cash flow approach uses expected future operating results. The market approach uses comparable company information to determine revenue and earnings multiples to value our reporting units. Failure to achieve these expected results or market multiples may cause a future impairment of goodwill at the reporting unit. Goodwill and indefinite-lived intangible assets are considered impaired if the carrying amount of the reporting unit exceeds its fair value. See Note 5 to the accompanying consolidated financial statements for information related to our goodwill and intangible assets. As part of business combination accounting, a value of business acquired ("VOBA") intangible asset is established upon the acquisition of blocks of contracts. This intangible represents the present value of estimated net cash flows for the in-force contracts as of the acquisition date. VOBA is amortized as a component of depreciation and amortization expense in the accompanying consolidated statements of operations and comprehensive income in relation to the profit emergence of the underlying acquired contracts. The valuation of VOBA is based on many factors including investment yields, expenses and discount rate. Advertising We expense advertising costs as incurred. Advertising expense for the years ended December 31, 2024, 2023 and 2022 was $ 170 million, $ 156 million and $ 115 million, respectively. Leases We determine if an arrangement is a lease at inception. We recognize a right-of-use (“ROU”) asset and lease liability for all leases with terms of 12 months or more. ROU assets represent our right to use an underlying asset for the lease term, and lease liabilities represent our obligation to make lease payments arising from the lease. ROU assets and lease liabilities are recognized at commencement date based on the present value of lease payments over the lease term. Our lease terms may include options to extend or terminate the lease when it is reasonably certain that we will exercise that option. As most of our leases do not provide an implicit rate, we use our incremental borrowing rate based on the information available at commencement date in determining the present value of lease payments. We use the implicit rate when readily determinable. Our incremental borrowing rate is determined based on our secured borrowing rating and the lease term. Our operating lease ROU assets are recorded net of lease incentives. Lease expense for operating lease payments is recognized on a straight-line basis over the lease term. We have lease agreements with lease and non-lease components, which are accounted for separately for our real estate leases. See Note 6 to the accompanying consolidated financial statements for information related to our leases. Restricted Net Assets There are regulatory restrictions on the ability of certain of our subsidiaries to transfer funds to us. The payments of ordinary and extraordinary dividends by our subsidiaries 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 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 make to us. As of December 31, 2024, the total net assets subject to these regulatory restrictions was $ 184 million. Statutory Financial Information A subsidiary of 2-10 Holdco, Inc., New Home Warranty Insurance Company, a risk retention group, (the "RRG") is required to prepare statutory financial statements in accordance with the laws and regulations in the state jurisdictions in which it operates. We apply the statutory accounting practices prescribed by the National Association of Insurance Commissioners (“NAIC”) as the basis for accounting in the RRG standalone statutory financial statements. These statutory financial statements are prepared on a calendar year basis. For the year ended December 31, 2024, the RRG reported a statutory net loss of $ 1 million and statutory capital and surplus of $ 5 million. No dividends were declared or paid by the RRG during 2024. As part of its regulatory filings and pursuant to the Risk-Based Capital (“RBC”) requirements of the NAIC, the RRG is required to maintain a minimum capitalization level, as determined based on formulas and other factors incorporating various business risks of the insurance subsidiary. As of December 31, 2024, the RRG’s statutory surplus exceeded the RBC requirement. Financial Instruments and Credit Risk We hedge the interest payments on a portion of our variable rate debt through the use of an interest rate swap contract. We have classified our interest rate swap contract as a cash flow hedge and recorded the hedging instrument in the consolidated statements of financial position as either an asset or liability at fair value. The effect of derivative financial instrument transactions could have a material impact on our financial statements. We do not hold or issue derivative financial instruments for trading or speculative purposes. Financial instruments, which potentially subject us to financial and credit risk, consist principally of investments and receivables. Investments consist primarily of certificates of deposit, corporate bonds, mortgage-backed securities and U.S. government obligations. 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 our receivables have little concentration of credit risk due to the large number of customers with relatively small balances and their dispersion across geographical areas. We maintain an allowance for losses based upon the expected collectability of receivables. See Note 18 to the accompanying consolidated financial statements for information relating to the fair value of financial instruments. Stock-Based Compensation Expense Stock-based compensation expense for non-qualified stock options 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 for future grants may differ materially from that recorded in the current period related to options granted to date. In addition, we estimate the expected forfeiture rate and only recognize expense for those shares expected to vest. We estimate the forfeiture rate based on historical experience. To the extent the actual forfeiture rate is different from the estimate, stock-based compensation expense is adjusted accordingly in the period the forfeiture occurs or the awards vest. See Note 10 to the accompanying consolidated financial statements for more details, including the calculation of stock-based compensation expense for stock options, performance options, RSUs, performance shares and RSAs. Income Taxes Frontdoor files a consolidated U.S. federal income tax return. State and local returns are filed both on a separate company basis and on a combined unitary basis with Frontdoor. Current and deferred income taxes are provided for on a separate company basis. We account for income taxes using an asset and liability approach for the expected future tax consequences of events that have been recognized in our financial statements or tax returns. Deferred tax assets and liabilities are recognized for the future tax consequences attributable to differences between the financial statement carrying amounts of existing assets and liabilities and their respective tax bases and operating loss carryforwards. Deferred tax assets and liabilities are measured using enacted tax rates expected to apply to taxable income during the years in which those temporary differences are expected to be recovered or settled. The effect on deferred tax assets and liabilities of a change in tax rates is recognized in operations in the period that includes the enactment date. Valuation allowances are established when management determines that it is more likely than not that some portion, or all, of the deferred tax asset will not be realized. The financial effect of changes in tax laws or rates is accounted for in the period of enactment. We record a liability for unrecognized tax benefits resulting from uncertain tax positions taken or expected to be taken in tax returns. We recognize potential interest and penalties related to unrecognized tax benefits as income tax expense. Newly Issued Accounting Standards In 2023, the FASB issued ASU 2023-07 , Segment Reporting (Topic 280), which improves reportable segment disclosure requirements, primarily through enhanced disclosures about significant segment expenses. ASU 2023-07 requires disclosure of this incremental segment information on an annual and interim basis. This guidance is effective for fiscal years beginning after December 15, 2023, and interim periods within fiscal years beginning after December 15, 2024. This guidance was applied retrospectively to all prior periods presented in the financial statements when we adopted the provisions of this ASU as of December 31, 2024 . See Note 13 for the required disclosures. In 2023, the FASB issued ASU 2023-09 , Income Taxes (Topic 740), which improves income tax disclosure requirements, primarily through enhanced disclosures related to the rate reconciliation and income taxes paid information. This guidance is effective for annual periods beginning after December 15, 2024. Early adoption is permitted, and the guidance should be applied on a prospective basis. Retrospective application is permitted. We are currently evaluating the impact of this ASU on our enhanced disclosures. In 2024, the FASB issues ASU 2024-03, Income Statement—Reporting Comprehensive Income—Expense Disaggregation Disclosures (Subtopic 220-40), which requires disclosure, in the notes to the financial statements, of specified information about certain costs and expenses on an annual and interim basis. This guidance is effective for annual periods beginning after December 15, 2026, and interim periods within fiscal years beginning after December 15, 2027. Early adoption is permitted, and the guidance can be applied either prospectively or retrospectively. We are currently evaluating the impact of this ASU on our enhanced disclosures.

Revenue

Revenue	12 Months Ended
	Dec. 31, 2024
Revenue [Abstract]
Revenue	Note 3. Revenue The majority of our revenue is generated from home warranty contracts entered into with our customers. Home warranty contracts are typically one year in duration. We derive substantially all of our revenue from customers in the United States. We disaggregate revenue from contracts with customers into major customer acquisition channels. We determined that disaggregating revenue into these categories depicts how the nature, amount, timing and uncertainty of revenue and cash flows are affected by economic factors. Revenue by major customer acquisition channel for our home warranties and other revenue is as follows: Year Ended (In millions) 2024 2023 2022 Renewals $ 1,437 $ 1,367 $ 1,203 Real estate (1) 125 141 184 Direct-to-consumer (1) 166 194 219 Other 116 77 56 Total $ 1,843 $ 1,780 $ 1,662 (1) First-year revenue only. Our home warranty contracts have one primary performance obligation, which is to provide for the repair or replacement of essential home systems and appliances, as applicable per the contract. We recognize revenue at the agreed upon contractual amount over time using the input method in proportion to the costs expected to be incurred in performing services under the contracts. Those costs bear a direct relationship to the fulfillment of our obligations under the contracts and are representative of the relative fair value of the services provided to the customer. As the costs to fulfill the obligations of the home warranties are incurred on an other-than-straight-line basis, we utilize historical evidence to estimate the expected claims expense and related timing of such costs and make a corresponding adjustment each period to the timing of our related revenue recognition. This adjustment to the straight-line revenue creates a contract asset or contract liability, as described under the heading “Contract Assets and Liabilities” below. We regularly review our estimates of claims costs and adjust these estimates when appropriate. Renewals Revenue from customer renewals of home warranty contracts, which were previously initiated in the real estate or direct-to-consumer channel are classified as renewal revenue above. Renewals relate to consecutive contract periods and take place at the end of the first year of a real estate or direct-to-consumer home warranty contract and continue to be categorized in our renewal channel thereafter. Customer payments for renewals are primarily received in installments over the new contract period. Real estate Real estate home warranties are sold through annual contracts that occur in connection with a real estate sale. These plans are typically paid in full at closing on the real estate transaction. First-year revenue from the real estate channel is classified as real estate above. At the option of the customer, upon renewal of the contract, the future revenue derived from home warranties sold in this channel is classified as renewal revenue as described above. Direct-to-consumer Direct-to-consumer home warranties are sold through annual contracts that occur in response to our marketing efforts. Customer payments for direct-to-consumer sales are primarily received in installments over the contract period. First-year revenue from the direct-to-consumer channel is classified as direct-to-consumer above. At the option of the customer, upon renewal of the contract, the future revenue derived from home warranties sold in this channel is classified as renewal revenue as described above. Other Other revenue primarily includes revenue generated by non-warranty home services and new home structural warranties, as well as ancillary services attributable to our home warranty contracts. Deferred Customer Acquisition Costs We capitalize the incremental costs of obtaining a contract with a customer and recognize the related expense using the input method in proportion to the costs expected to be incurred in performing services under the contract, over the expected customer relationship period. Deferred customer acquisition costs were $ 11 million and $ 12 million as of December 31, 2024 and 2023 , respectively. Amortization of deferred customer acquisition costs was $ 12 million, $ 16 million and $ 19 million for the years ended December 31, 2024, 2023 and 2022, respectively. There were no impairment losses related to these capitalized costs during the years ended December 31, 2024, 2023 and 2022. Deferred Policy Acquisition Costs We capitalize certain costs related to the issuance of insurance policies under the new home warranty program as deferred policy acquisition costs and amortize these costs over the contract period. We anticipate that all deferred policy acquisition costs will be recoverable. Deferred policy acquisition costs were less than $ 1 million as of December 31, 2024, as the acquired balance from 2-10 HBW was eliminated in purchase accounting. Receivables, Less Allowance We record a receivable due from customers once we have an unconditional right to invoice and receive payment in the future related to the services provided and anticipate the collection of amounts due to us. Contracts for home warranties may be invoiced upfront or monthly in straight-line installment payments over the contract period. The payment terms are determined prior to the execution of the contract. Contract Assets and Liabilities Contract assets arise when we recognize revenue for our home warranty contracts prior to a customer being invoiced. These timing differences are created when the recognition of revenue in proportion to the costs expected to be incurred in performing the services under the contract are accelerated as compared to the recognition of revenue on a straight-line basis over the contract period. There were no contract assets as of December 31, 2024 and 2023. Our contract liabilities consist of deferred revenue which is recognized when cash payments are received in advance of the performance of services, including when the amounts are refundable. Amounts are recognized as revenue in proportion to the costs expected to be incurred in performing services under our contracts. A summary of the changes in deferred revenue, including the long-term portion, for the year ended December 31, 2024 is as follows: (In millions) Balance as of December 31, 2023 $ 102 Deferral of revenue 199 Acquired revenue 41 Recognition of deferred revenue ( 208 ) Balance as of December 31, 2024 $ 135 There was approximately $ 98 million of revenue recognized during the year ended December 31, 2024 that was included in the deferred revenue balance as of December 31, 2023. Unearned Insurance Premium New home structural warranty revenue is recognized over the life of the contract in proportion to the costs expected to be incurred in performing services under the contract. Amounts not earned and recognized to date are recognized as unearned insurance premium on the consolidated statement of financial position. Deferred Reinsurance In the normal course of business, we seek to reduce our loss exposure in the new home warranty program by reinsuring certain levels of risk with reinsurers. Premiums ceded are expensed over the term of underlying insurance policies, and the unexpired portion of reinsurance is deferred and recognized as deferred reinsurance on the consolidated statement of financial position.

Goodwill and Intangible Assets

Goodwill and Intangible Assets	12 Months Ended
	Dec. 31, 2024
Goodwill and Intangible Assets [Abstract]
Goodwill and Intangible Assets	Note 4. Goodwill and Intangible Assets Goodwill and indefinite-lived intangible assets are not amortized and are subject to assessment for impairment on an annual basis, or more frequently if circumstances indicate a potential impairment. We perform our annual assessment for impairment on October 1 of every year. In connection with the preparation of our consolidated financial statements for the third quarter of 2022, we determined that indicators of a potential goodwill and intangible assets impairment were present for our Streem reporting unit. In particular, we began to shift the focus of our Streem technology platform to primarily concentrate on integrating the technology into our core product offerings. We continued to license this technology to third-party business-to-business customers as a software-as-a-service platform but discontinued this third-party business at the end of 2024. This shift in focus resulted in significantly lower projected revenue for Streem. We performed an interim impairment analysis of the Streem reporting unit as of September 30, 2022. In performing the discounted cash flow analysis, we determined that the carrying amount of the Streem reporting unit exceeded its fair value. An impairment charge of $ 14 million was recognized during the third quarter of 2022, which comprised the remaining net carrying amount of Streem’s goodwill of $ 9 million and intang ible assets of $ 5 million. The balance of goodwill was $ 967 million and $ 503 million as of December 31, 2024 and 2023, respectively. During the year ended December 31, 2024, we acquired $ 464 million of goodwill in connection with the 2-10 HBW Acquisition. See Note 7 for additional information on the 2-10 HBW Acquisition. There were no goodwill impairment charges recorded in the years ended December 31, 2024 and 2023. The following table provides a summary of the components of our intangible assets: As of December 31, 2024 2023 (In millions) Gross Accumulated Net Gross Accumulated Net Trade names (1) $ 141 $ — $ 141 $ 141 $ — $ 141 Value of business acquired 148 ( 1 ) 147 — — — Home warranty customer relationships 214 ( 173 ) 41 173 ( 173 ) — Builder relationships 73 — 72 — — — Developed technology 35 ( 19 ) 16 19 ( 17 ) 2 Other 63 ( 32 ) 31 32 ( 32 ) — Total $ 673 $ ( 225 ) $ 448 $ 365 $ ( 221 ) $ 143 (1) Not subject to amortization. During the year ended December 31, 2024, in connection with the 2-10 HBW Acquisition, we acquired the following intangible assets: Weighted Average (In millions) (Years) Value of business acquired $ 148 13 Home warranty customer relationships 41 7 Builder relationships 73 12 Developed technology 16 5 Other 31 13 Total $ 309 Amortization expense was $ 4 million, $ 4 million and $ 7 million for the years ended December 31, 2024, 2023 and 2022, respectively. As indicated above, an impairment charge of $ 5 million was recognized during the year ended December 31, 2022 related to Streem’s in tangible assets. There were no intangible asset impairment charges recorded in the years ended December 31, 2024 and 2023. The following table outlines expected amortization expense for existing intangible assets for the next five years: (In millions) 2025 $ 51 2026 42 2027 37 2028 34 2029 31 Total $ 195

Leases

Leases	12 Months Ended
	Dec. 31, 2024
Leases [Abstract]
Leases	Note 5. Leases We have operating leases for our corporate headquarters located in Memphis, Tennessee, a collaboration center located in Scottsdale, Arizona and a technology collaboration center in Pune, India. We also continue to lease certain office space in other geographies, which we have, as indicated below, either exited or subleased. Our leases have remaining lease terms ranging from three years to 10 years , some of which include options to extend the leases for up to five years . The weighted-average remaining lease term and weighted-average discount rate related to our operating leases are as follows: As of 2024 2023 Weighted-average remaining lease term (years) 9 9 Weighted-average discount rate 6.5 % 6.5 % We recognized operating lease expense of $ 1 million, $ 3 million and $ 4 million for the years ended December 31, 2024, 2023 and 2022, respectively. These expenses are included in selling and administrative expenses in the accompanying consolidated statements of operations and comprehensive income. Supplemental statement of financial position information related to our operating lease liabilities is as follows: As of (In millions) 2024 2023 Other accrued liabilities $ 2 $ 2 Operating lease liabilities 20 16 Total operating lease liabilities $ 22 $ 18 Supplemental cash flow information related to our operating leases is as follows: Year Ended (In millions) 2024 2023 2022 Cash paid on operating lease liabilities (1) $ 4 $ 4 $ 5 Right-of-use assets obtained in exchange for lease obligations 7 — 3 (1) Amount is presented net of cash provided from sublease income. In conjunction with the operating leases of our corporate headquarters located in Memphis, Tennessee, and our collaboration center located in Scottsdale, Arizona, we recognized $ 2 million in tenant improvement allowances during the year ended December 31, 2024, which is a non-cash investing activity. The following table presents the maturities of our operating lease liabilities as of December 31, 2024: (In millions) 2025 (1) $ 2 2026 (1) 3 2027 4 2028 3 2029 3 Thereafter 13 Total future lease payments (1) 28 Less imputed interest ( 7 ) Total operating lease liabilities (1) $ 21 (1) Amount is presented net of future sublease income totaling $ 2 million, which relates to the years ending December 31, 2025 and 2026 . Closure of Leased Facilities In August 2023, we entered into a new lease in Scottsdale, Arizona and subsequently decided to exit our leased facility in Phoenix, Arizona. Additionally, in November 2023, we decided to exit our leased facilities in Seattle, Washington, Portland, Oregon and Denver, Colorado. As a result of exiting these leased facilities during 2023, we incurred non-cash impairment charges of $ 5 million for the year ended December 31, 2023 relating to the corresponding operating lease right-of-use assets. Sublease of Prior Corporate Headquarters On August 10, 2022, we subleased our prior corporate headquarters facility in Memphis, Tennessee. As a result of us exiting the facility on June 27, 2022, we incurred a non-cash impairment charge of $ 11 million for the year ended December 31, 2022 .

Income Taxes

Income Taxes	12 Months Ended
	Dec. 31, 2024
Income Taxes [Abstract]
Income Taxes	Note 6. Income Taxes For the years ended December 31, 2024, 2023 and 2022 , we had $ 3 million, $ 5 million and $ 8 million of unrecognized tax benefits, respectively, all of which would impact the effective tax rate if recognized. The table below summarizes the changes in gross unrecognized tax benefits: (In millions) Balance as of December 31, 2022 $ 8 Decreases in tax positions for current year ( 2 ) Balance as of December 31, 2023 5 Decreases in tax positions for current year ( 2 ) Balance as of December 31, 2024 $ 3 Interest and penalties accrued on the liability for unrecognized tax benefits and recognized as income tax expense are less than $ 1 million as of December 31, 2024. We are subject to taxation in the United States, various states and foreign jurisdictions. Due to expired statutes, the majority of our U.S. federal, state and local income tax returns for the years prior to 2021 are no longer subject to examination by tax authorities. Substantially all of our income before income taxes for the years ended December 31, 2024, 2023 and 2022 was generated in the United States. The reconciliation of income tax computed at the U.S. federal statutory tax rate to our effective income tax rate is as follows: Year Ended 2024 2023 2022 Tax at U.S. federal statutory rate 21.0 % 21.0 % 21.0 % State and local income taxes, net of U.S. federal benefit 2.6 2.4 0.7 Other permanent items 0.8 0.9 ( 0.2 ) Stock-based compensation 0.3 1.2 2.2 Goodwill impairment — — 2.0 Tax credits ( 0.7 ) ( 0.7 ) ( 3.2 ) Uncertain tax positions — 0.2 1.3 Effective rate 24.1 % 25.0 % 23.8 % Income tax expense is as follows: Year Ended (In millions) 2024 2023 2022 Current: U.S. federal $ 63 $ 60 $ 28 State and local 10 10 4 Total current income taxes 74 70 32 Deferred: U.S. federal — ( 11 ) ( 7 ) State and local — ( 3 ) ( 2 ) Total deferred income taxes — ( 13 ) ( 10 ) Provision for income taxes $ 74 $ 57 $ 22 Significant components of our deferred tax balances are as follows: As of (In millions) 2024 2023 Long-term deferred tax assets (liabilities): Intangible assets $ ( 115 ) $ ( 45 ) Unearned Revenue 38 — Property and equipment 9 4 Deferred customer acquisition costs ( 3 ) ( 3 ) Prepaid expenses and other assets ( 2 ) ( 2 ) Operating lease right-of-use assets ( 2 ) ( 1 ) Receivables allowances 1 1 Accrued liabilities 9 9 Other long-term liabilities 4 7 Operating lease liabilities 6 4 Deferred interest expense 5 ( 2 ) Net operating loss and tax credit carryforwards 3 2 Valuation allowance ( 2 ) ( 1 ) Net long-term deferred tax liabilities $ ( 49 ) $ ( 25 )

Acquisition

Acquisition	12 Months Ended
	Dec. 31, 2024
Business Combinations [Abstract]
Acquisition	Note 7. Acquisition On December 19, 2024 , we completed the acquisition of all of the issued and outstanding common stock of 2-10 HBW pursuant to a purchase agreement dated June 3, 2024 for aggregate cash consideration of $ 585 million, subject to certain customary adjustments based on, among other things, the amount of cash, debt, transaction expenses, working capital and regulatory capital in the business of 2-10 HBW as of the closing of the transaction. 2-10 HBW is a leading provider of new home structural warranties that provide home builders insurance-backed coverage and/or administrative services for workmanship, systems and/or structural failures. 2-10 HBW is also a provider of home warranties. We entered into an amendment to our Credit Agreement, which also became effective on December 19, 2024, in part, to fund the 2-10 HBW Acquisition. See Note 12 for additional information on the debt refinancing transactions. Total consideration as of December 19, 2024, is as follows: (In millions) Cash consideration paid $ 425 Payment of 2-10 HBW indebtedness 157 Payment of 2-10 HBW transaction costs 15 Payment of escrow 10 Total purchase price consideration 607 Less: Acquired 2-10 HBW cash ( 24 ) Total purchase price consideration, net of cash acquired $ 583 A summary of the consideration paid and the amounts of identified assets acquired and liabilities assumed at the acquisition date, as determined based on management's preliminary assessment of the acquisition date fair value, is as follows: (In millions) Cash and cash equivalents $ 24 Marketable securities 15 Receivables 4 Prepaid expenses and other current assets 8 Property and equipment, net 6 Goodwill 464 Intangible assets 309 Long-term marketable securities 39 Deferred reinsurance 66 Reinsurance recoverables 9 Accounts payable ( 1 ) Accrued liabilities: Payroll and related expenses ( 8 ) Home warranty claims ( 7 ) Other ( 6 ) Deferred revenue ( 29 ) Deferred tax liabilities, net ( 25 ) Unearned insurance premium ( 234 ) Unpaid losses and loss adjustment reserves ( 12 ) Long-term deferred revenue ( 12 ) Other long-term liabilities ( 1 ) Total consideration paid $ 607 As of December 31, 2024, the purchase price allocation for this acquisition has not been finalized. In particular, we are still evaluating the fair value of certain intangible assets. As we finalize the fair value of assets acquired and liabilities assumed, additional purchase price adjustments may be recorded during the measurement period in 2025. We recognized $ 6 million of revenue and $ 2 million of net loss during the year ended December 31, 2024 related to the operations of 2-10 HBW for the period from December 19, 2024 through December 31, 2024. In conjunction with the 2-10 HBW Acquisition, we recognized acquisition-related costs of $ 17 million during the year ended December 31, 2024. These charges represent direct third-party costs, including legal, accounting and financial advisory fees and are included in selling and administrative expenses in the accompanying consolidated statements of operations and comprehensive income. A summary of unaudited pro forma financial information related to our consolidated operating results as if the 2-10 HBW Acquisition occurred as of January 1, 2023 is as follows: Year Ended (In millions) 2024 2023 Revenue $ 2,028 $ 1,967 Net Income $ 194 $ 131 The unaudited pro forma financial information reflects pro forma adjustments to give effect to certain events management believes to be directly attributable to the acquisition. These pro forma adjustments include amortization and depreciation on acquired property and equipment and intangible assets. Additionally, the debt refinancing transactions that occurred contemporaneously with the closing of the 2-10 HBW acquisition are assumed to have occurred on January 1, 2023 , and historical interest expense associated with repaid borrowings associated with the Prior Credit Facilities have been removed.

Restructuring Charges

Restructuring Charges	12 Months Ended
	Dec. 31, 2024
Restructuring Charges [Abstract]
Restructuring Charges	Note 8. Restructuring Charges We incurred restructuring charges of $ 8 million ($ 6 million, net of tax), $ 16 million ($ 12 million, net of tax) and $ 20 million ($ 15 million, net of tax) for the years ended December 31, 2024, 2023 and 2022, respectively. In 2024, restructuring charges included $ 7 million of severance costs and $ 1 million of expenses related to the exit of certain operating leases. In 2023, restructuring charges included $ 10 million in non-cash impairment charges related to the operating lease right-of-use assets and related property and equipment of certain of our leased and company-owned facilities as discussed further in Note 6 to the accompanying consolidated financial statements, $ 2 million of professional fees and $ 3 million of severance costs. The impairment charges were the result of our decision to exit the leased and company-owned properties. The severance costs related to our continued review and optimization of selling, general and administrative expenses. In 2022, restructuring charges included an $ 11 million impairment charge related to our prior corporate headquarters facility operating lease right-of-use asset and leasehold improvements, a $ 2 million impairment of certain internally developed software, $ 1 million of accelerated depreciation related to the early termination of a lease, and $ 6 million of severance and other costs. Severance costs of $ 2 million related to a reduction in workforce of seven percent as part of our completed strategic review of selling and administrative expenses. The pre-tax charges discussed above are included in restructuring charges in the accompanying consolidated statements of operations and comprehensive income. As of December 31, 2024 and 2023, there were $ 4 million and less than $1 million, respectively, of accrued restructuring charges on the accompanying consolidated balance sheets. During the year ended December 31, 2024, less than $ 1 million of the prior year accrued restructuring charges were paid or otherwise settled.

Commitments and Contingencies

Commitments and Contingencies	12 Months Ended
	Dec. 31, 2024
Commitments and Contingencies [Abstract]
Commitments and Contingencies	Note 9. Commitments and Contingencies Accruals for home warranty claims are made using internal actuarial projections, which are based on current claims and historical claims experience. Accruals are established based on estimates of the ultimate cost to settle claims. Home warranty claims take approximately three months to settle, on average, and substantially all claims are settled within six months of incurrence. The amount of time required to settle a claim can vary based on a number of factors, including whether a replacement is ultimately required. In addition to our estimates, we engage a third-party actuary to perform an accrual analysis utilizing generally accepted actuarial methods that incorporate cumulative historical claims experience and information provided by us. We regularly review our estimates of claims costs along with the third-party analysis and adjust our estimates when appropriate. We believe that utilizing actuarial methods in our estimation process to account for these liabilities provides a consistent and effective way to measure these judgmental accruals. Unpaid losses and loss adjustment reserves represent the estimated ultimate cost of settling all new home structural warranty claims and includes the estimated costs of claims incurred but not reported as of the balance sheet date. The reserve is based upon the facts of each case and the Company’s experience with similar cases. The establishment of appropriate reserves is an inherently uncertain and complex process. Reserve estimates are primarily derived using an actuarial estimation process in which historical loss patterns are applied to actual paid losses and reported losses (paid losses plus individual case reserves established by claim adjusters) to create an estimate of how losses are likely to develop over time. We regularly review our estimates of unpaid losses and adjust our estimates when appropriate. The Company reports its unpaid losses and loss adjustment reserves gross of the amounts related to unpaid losses recoverable from reinsurers and net of amounts ceded to reinsurers. We have certain liabilities with respect to existing or potential claims, lawsuits and other proceedings. We accrue 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. Due to the nature of our business activities, we are also at times subject to pending and threatened legal and regulatory actions that arise out of the ordinary course of business. In the opinion of management, based in part upon advice of legal counsel, the disposition of any such matters is not expected, individually or in the aggregate, to have a material adverse effect on our business, financial position, results of operations or cash flows. However, the results of legal actions cannot be predicted with certainty. Therefore, it is possible that our business, financial position, results of operations or cash flows could be materially adversely affected in any particular period by the unfavorable resolution of one or more legal actions.

Stock-Based Compensation

Stock-Based Compensation	12 Months Ended
	Dec. 31, 2024
Stock-Based Compensation [Abstract]
Stock-Based Compensation	Note 10. Stock-Based Compensation The Omnibus Plan permits the grant to certain employees, consultants and non-employee directors of Frontdoor different forms of awards, including non-qualified stock options, performance options, RSUs, performance shares, RSAs and deferred share equivalents. Upon adoption, 14,500,000 shares were reserved for grants under the Omnibus Plan. Our compensation committee determines the long-term incentive mix of awards to our employees and may authorize new grants annually. As of December 31, 2024, 8,761,706 shares remain available for future grants. Stock Options Stock options are exercisable based on the terms outlined in the applicable award agreement and have generally vested over a period of four years . The grant date fair value of stock options is determined using the Black-Scholes option pricing model with the assumptions noted in the following table. A historical daily measurement of volatility is determined based on our and our peer companies’ average volatility. The risk-free interest rate is determined by reference to the outstanding U.S. Treasury note with a term equal to the expected life of the option granted. The expected life represents the period of time that options are expected to be outstanding and was calculated using the simplified approach due to our lack of historical experience upon which to estimate the expected lives of the options. Year Ended Assumption 2024 2023 2022 Expected volatility 40.5 % 54.9 % 50.7 % Expected dividend yield 0.0 % 0.0 % 0.0 % Expected life (in years) 6.1 6.1 6.1 Risk-free interest rate 4.21 % 3.71 % 2.38 % During the years ended December 31, 2024, 2023 and 2022, we granted options to purchase 576,260 shares, 661,231 shares and 568,623 shares of our common stock, respectively, at weighted-average exercise prices of $ 31.94 per share, $ 26.67 per share and $ 28.64 per share, respectively. The weighted-average grant-date fair values of the options granted during the years ended December 31, 2024, 2023 and 2022 were $ 14.81 per share, $ 12.49 per share and $ 14.54 per share, respectively. During the year ended December 31, 2024, we applied a forfeiture assumption of 15 percent per annum in the recognition of the expense related to these options, with the exception of the options held by our CEO for which we applied a forfeiture rate of zero percent. The total intrinsic value of options exercised was $ 6 million, $ 1 million and less than $ 1 million for the years ended December 31, 2024, 2023 and 2022, respectively. A summary of option activity under the Omnibus Plan during the year ended December 31, 2024 is presented below: Stock Weighted- Aggregate Weighted- Outstanding as of December 31, 2023 1,327,338 $ 31.97 $ 7 7.79 Granted to employees 576,260 31.94 Exercised ( 352,903 ) 31.81 Forfeited ( 186,124 ) 30.47 Expired ( 34,540 ) 41.94 Outstanding as of December 31, 2024 1,330,031 $ 31.94 $ 30 7.65 Exercisable as of December 31, 2024 518,157 34.72 10 6.02 Performance Options Performance options are exercisable based on the terms outlined in the applicable award agreement. The grant date fair value of performance options is determined using a Monte Carlo simulation model. In addition to service conditions, the ultimate number of performance options to be earned depends on the achievement of a market condition prior to the fourth anniversary of the grant date, which is based on a share price target. Performance options granted during the years ended December 31, 2023 and 2022 have a weighted-average service period of approximately 0.8 years and 1.6 years, respectively, from the initial grant date. During the years ended December 31, 2023 and 2022 we granted options to purchase 652,004 and 272,503 shares of our common stock, respectively, with a weighted-average exercise price of $ 26.42 per share and $ 24.74 per share, respectively. We did no t issue any performance options under the Omnibus Plan during the year ended December 31, 2024. The weighted-average grant date fair values of the performance options granted during the years ended December 31, 2023 and 2022 were $ 10.40 per share and $ 11.50 per share, respectively. During the year ended December 31, 2024, we applied a forfeiture assumption of 15 percent per annum in the recognition of the expense related to these performance options, with the exception of the options held by our CEO for which we applied a forfeiture rate of zero percent. The total intrinsic value of options exercised was $ 3 million for the year ended December 31, 2024. No performance options were exercised during the years ended December 31, 2023 and 2022. A summary of performance options activity under the Omnibus Plan during the year ended December 31, 2024 is presented below: Performance Weighted- Outstanding as of December 31, 2023 767,144 $ 10.65 Granted to employees — — Exercised ( 121,950 ) 10.46 Forfeited — — Outstanding as of December 31, 2024 645,194 $ 10.69 RSUs RSUs vest based on the terms outlined in the applicable award agreement, which is generally over a period of three years . The grant date fair value of RSUs is determined using the closing market price of our common stock on the trading day that immediately precedes the grant date. During the years ended December 31, 2024, 2023 and 2022, we granted 812,939 RSUs, 920,369 RSUs and 1,146,733 RSUs, respectively, with weighted-average grant date fair values of $ 32.16 per unit, $ 26.60 per unit and $ 28.00 per unit, respectively. During the year ended December 31, 2024, we applied a forfeiture assumption of 15 percent per annum in the recognition of the expense related to these RSUs, with the exception of the awards held by our CEO for which we applied a forfeiture rate of zero percent. The total fair value of RSUs vested during the years ended December 31, 2024, 2023 and 2022 was $ 16 million, $ 13 million and $ 13 million, respectively. A summary of RSU activity under the Omnibus Plan during the year ended December 31, 2024 is presented below: RSUs Weighted- Outstanding as of December 31, 2023 1,286,173 $ 28.06 Granted to employees 812,939 32.16 Vested ( 541,799 ) 29.67 Forfeited ( 245,921 ) 29.47 Outstanding as of December 31, 2024 1,311,392 $ 29.68 Performance Shares Performance shares vest based on the terms outlined in the applicable award agreement, which is generally over a period of three years . The grant date fair value of performance shares is determined using the closing market price of our common stock on the trading day that immediately precedes the grant date. In addition to service conditions, the ultimate number of performance shares to be earned depends on the achievement of a performance condition, which is based on a revenue target. During the years ended December 31, 2024 and 2022, we granted 217,527 and 285,801 performance shares, respectively, with a weighted-average grant date fair value of $ 31.95 and $ 28.03 per share, respectively. We did not issue any performance shares under the Omnibus Plan during the year ended December 31, 2023. During the year ended December 31, 2024, we applied a forfeiture assumption of 15 percent per annum in the recognition of the expense related to these performance shares, with the exception of the awards held by our CEO for which we applied a forfeiture rate of zero percent. The total fair value of performance shares vested during the year ended December 31, 2024 was $ 1 million. No performance shares vested during the years ended December 31, 2023 and 2022. A summary of performance share activity under the Omnibus Plan during the year ended December 31, 2024 is presented below: Performance Weighted- Outstanding as of December 31, 2023 133,492 $ 33.01 Granted to employees 217,527 31.95 Vested ( 17,591 ) 51.07 Forfeited ( 60,221 ) 31.95 Outstanding as of December 31, 2024 273,207 $ 30.49 ESPP On March 21, 2019, our board of directors approved and recommended for approval by our stockholders the ESPP, which was approved by our stockholders on April 29, 2019 and became effective for offering periods commencing July 1, 2019. The ESPP is intended to qualify for favorable tax treatment under Section 423 of the Code. Under the plan, eligible employees may purchase common stock, subject to IRS limits, during pre-specified offering periods at a discount established by Frontdoor not to exceed 15 percent of the then current fair market value. A maximum of 1,250,000 shares of our common stock are authorized for sale under the plan. During the years ended December 31, 2024, 2023 and 2022, we issued 26,425 shares, 31,288 shares and 53,353 shares, respectively, under the ESPP. There were 1,048,057 shares available for issuance under the ESPP as of December 31, 2024. Stock-based compensation expense We recognized stock-based compensation expense of $ 26 million ($ 20 million, net of tax), $ 26 million ($ 22 million, net of tax) and $ 22 million ($ 19 million, net of tax) for the years ended December 31, 2024, 2023 and 2022, respectively. These charges are included in selling and administrative expenses in the accompanying consolidated statements of operations and comprehensive income. Stock-based compensation expense for stock options, RSUs and RSAs is recognized over the vesting period of the award using a straight-line vesting method, net of estimated forfeitures. In addition, for performance shares with a performance condition, we evaluate the probability of achieving the performance condition at the end of each reporting period and record the related stock-based compensation expense over the service period. For performance shares and performance options with a market condition, the related stock-based compensation expense is recognized regardless of whether the market condition is satisfied, provided that the requisite service has been provided. As of December 31, 2024, there was $ 35 million of total unrecognized compensation cost, net of estimated forfeitures, related to unvested stock options, performance options, RSUs, performance shares and RSAs. These costs are expected to be recognized over a weighted-average period of 2.06 years.

Employee Benefit Plans

Employee Benefit Plans	12 Months Ended
	Dec. 31, 2024
Employee Benefit Plans [Abstract]
Employee Benefit Plans	Note 11. Employee Benefit Plans We currently maintain a defined contribution plan for the benefit of our employees, the Frontdoor, Inc. 401(k) Plan. Discretionary contributions made on behalf of our employees were $ 5 million, $ 4 million and $ 4 million for the years ended December 31, 2024, 2023 and 2022, respectively. These charges are included in selling and administrative expenses in the accompanying consolidated statements of operations and comprehensive income.

Long-Term Debt

Long-Term Debt	12 Months Ended
	Dec. 31, 2024
Long-Term Debt [Abstract]
Long-Term Debt	Note 12. Long-Term Debt Long-term debt is summarized in the following table: As of (In millions) 2024 2023 Term Loan A maturing in 2029 (1) $ 412 $ — Term Loan B maturing in 2031 (2) 788 — Revolving Credit Facility maturing in 2029 — — Prior Term Loan A maturing in 2026 (3) — 226 Prior Term Loan B maturing in 2028 (4) — 367 Revolving Credit Facility maturing in 2026 — — Total debt 1,199 593 Less current portion ( 29 ) ( 17 ) Total long-term debt $ 1,170 $ 577 (1) Term Loan A maturing in 2029 is presented net of unamortized debt issuance costs of $ 6 million as of December 31, 2024 . (2) Term Loan B maturing in 2031 is presented net of unamortized debt issuance costs of $ 10 million as of December 31, 2024 and unamortized discount of $ 2 million as of December 31, 2024 . (3) Term Loan A maturing in 2026 is presented net of unamortized debt issuance costs of $ 1 million as of December 31, 2023 . (4) Term Loan B maturing in 2028 is presented net of unamortized debt issuance costs of $ 2 million as of December 31, 2023 and unamortized discount of $ 1 million as of December 31, 2023 . Credit Facilities On June 17, 2021, we entered into the Credit Agreement, which provided for a $ 260 million Prior Term Loan A maturing June 17, 2026 , a $ 380 million Prior Term Loan B maturing June 17, 2028 and a $ 250 million Prior Revolving Credit Facility terminating June 17, 2026 . On March 8, 2023, in connection with the planned phase-out of LIBOR, we entered into the first amendment to the Credit Agreement for the purpose of replacing LIBOR with SOFR as the benchmark rate under the Credit Agreement. This change was effective in March 2023 for the Prior Term Loan A and the Prior Revolving Credit Facility and effective in June 2023 for the Prior Term Loan B. On December 19, 2024, we entered into the second amendment to the Credit Agreement, which provides for a $ 418 million Term Loan A maturing December 19, 2029 , an $ 800 million Term Loan B maturing December 19, 2031 and a $ 250 million Revolving Credit Facility terminating December 19, 2029 . The net proceeds from the transaction were used to repay the Prior Term Loan Facilities, including accrued and unpaid interest, to fund the 2-10 HBW Acquisition, which also closed on December 19, 2024, and to pay related fees and expenses of all these transactions with the remainder designated to fund share repurchases or for other general corporate purposes. In connection with the second amendment to the Credit Agreement, we repaid all of the then current outstanding principal amounts of the Prior Term Loan Facilities, consisting of $ 218 million related to the Prior Term Loan A and $ 368 million related to the Prior Term Loan B, and recorded a loss on extinguishment of debt of $ 3 million, which included the write-off of unamortized debt issuance costs and original issue discount. Additionally, on December 19, 2024 , we amended and restated the Revolving Credit Facility, which carried, and continues to carry, a $ 2 million balance. We are required to make quarterly installment payments on Term Loan A equal to five percent per annum of the original principal amount commencing on the last day of each quarter beginning on March 31, 2025. The interest rates applicable to Term Loan A and the Revolving Credit Facility are based on a fluctuating rate of interest based on the Consolidated First Lien Leverage Ratio (as defined in the Amended Credit Agreement) and measured by reference to either, at our option, (i) an adjusted SOFR plus a margin range of 1.50 percent to 2.00 percent per annum or (ii) an alternate base rate plus a margin range of 0.50 percent to 1.00 percent per annum. We are required to make quarterly installment payments on Term Loan B equal to one percent per annum of the original principal amount commencing on the last day of each quarter beginning on March 31, 2025. The interest rates applicable to Term Loan B are based on a fluctuating rate of interest measured by reference to either, at our option, (i) an adjusted SOFR plus a margin of 2.25 percent per annum or (ii) an alternate base rate plus a margin of 1.25 percent per annum. The obligations under the Credit Agreement are guaranteed by certain subsidiaries (collectively, the “Guarantors”) and are secured by substantially all of the material tangible and intangible assets of Frontdoor and the Guarantors, subject to certain customary exceptions. The terms of the Revolving Credit Facility entered into on December 19, 2024 are substantially the same as the terms of the Prior Revolving Credit Facility, except for the extended maturity. The Revolving Credit Facility provides for senior secured revolving loans and stand-by and other letters of credit. As of December 31, 2024 , we had $ 2 million of letters of credit outstanding under the Revolving Credit Facility. The letters of credit are posted in lieu of cash to satisfy regulatory requirements in certain states in which we operate. The Credit Agreement contains covenants that limit or restrict our ability, including the ability of certain of our subsidiaries, to incur additional indebtedness, repurchase debt, incur liens, sell assets, make certain payments (including dividends) and enter into transactions with affiliates; therefore, from time to time, our ability to draw on the Revolving Credit Facility may be limited. As of December 31, 2024, the available borrowing capacity under the Revolving Credit Facility was $ 248 million. As of December 31, 2024, we were in compliance with the covenants under the Credit Agreement. Interest Rate Swaps On October 24, 2018, we entered into an interest rate swap contract effective October 31, 2018 that expires on August 16, 2025. The notional amount of the agreement is $ 350 million. Under the terms of the agreement, we will pay a fixed rate of interest of 3.028 percent on the notional amount, and we will receive a floating rate of interest (based on SOFR, subject to a floor of zero percent) on the notional amount. As a result, through August 16, 2025, $ 350 million of the Amended Term Loan Facilities is fixed at a rate of 3.028 percent, plus the incremental borrowing margin of 2.25 percent. In connection with the Amended Credit Facility, we entered into an additional interest rate swap contract effective December 19, 2024 that expires on December 31, 2029. The initial notional amount of the agreement is $ 299 million with additional step up and step down provisions embedded in the contract. The notional amount steps up in August 2025 by $ 350 million upon the expiration of the company's other interest rate swap contract. The notional amount steps down over the term of the agreement on a basis that correlates with the scheduled principal payments on the Amended Term Loan Facilities. Under the terms of the agreement, we will pay a fixed rate of interest of 4.140 percent on the notional amount, and we will receive a floating rate of interest (based on SOFR, subject to a floor of zero percent) on the notional amount. As a result, a portion of the outstanding principal balance on the Amended Term Loan Facilities in an amount that correlates with the then current notional amount of this interest rate swap contract is fixed at a rate of 4.140 percent, plus the incremental borrowing margin of 2.25 percent. Scheduled Debt Payments The following table presents future scheduled debt payments as of December 31, 2024: (In millions) 2025 $ 29 2026 29 2027 29 2028 29 2029 342 Thereafter 760 Total future scheduled debt payments 1,218 Less unamortized debt issuance costs ( 17 ) Less unamortized discount ( 2 ) Total debt $ 1,199

Segments

Segments	12 Months Ended
	Dec. 31, 2024
Segment Reporting [Abstract]
Segments	Note 13. Segments We operate as one operating and reportable segment, primarily under the American Home Shield brand. The majority of our revenue is generated from home warranty contracts entered into with our customers. The accounting policies applied to our one operating and reportable segment are described in Note 2. Our chief operating decision maker (“CODM”), who is our Chief Executive Officer, regularly evaluates financial information, primarily revenue, net income and other measures, on a consolidated basis in deciding how to allocate resources and in assessing performance. Additionally, consolidated revenue is one key component of our incentive compensation program. Information for our one operating and reportable segment is as follows: Year Ended (In millions) 2024 2023 2022 Revenue $ 1,843 $ 1,780 $ 1,662 Cost of services rendered 852 895 952 Sales and marketing costs 307 299 253 Customer service costs 104 106 112 General and administrative costs 201 176 157 Other segment items (1) 145 133 117 Net Income $ 235 $ 171 $ 71 Total Assets $ 2,107 $ 1,089 $ 1,082 (1) Other segment items include depreciation and amortization expense, goodwill and intangible impairment, restructuring charges, interest expense, interest and net investment income, loss on extinguishment of debt and provision for income taxes.

Supplemental Cash Flow Informat

Supplemental Cash Flow Information	12 Months Ended
	Dec. 31, 2024
Supplemental Cash Flow Information [Abstract]
Supplemental Cash Flow Information	Note 14. Supplemental Cash Flow Information Supplemental information relating to our accompanying consolidated statements of cash flows is as follows: Year Ended (In millions) 2024 2023 2022 Cash paid for (received from): Interest expense $ 39 $ 38 $ 29 Interest income ( 19 ) ( 16 ) ( 3 ) Income tax payments, net of refunds 82 72 26

Cash and Marketable Securities

Cash and Marketable Securities	12 Months Ended
	Dec. 31, 2024
Investments, Debt and Equity Securities [Abstract]
Cash and Marketable Securities	Note 15. 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 in the accompanying consolidated and combined statements of financial position. As of December 31, 2024, short- and long-term marketable securities primarily consisted of certificates of deposit, corporate bonds, mortgage-backed securities and U.S. government obligations and are classified as available-for-sale securities. As of December 31 2023, marketable securities were less than $ 1 million. The amortized cost, fair value and gross unrealized gains and losses of our marketable securities are as follows: (In millions) Amortized Cost Gross Unrealized Gain Gross Unrealized Losses Fair Value As of December 31, 2024 Certificates of deposit $ 12 $ — $ — $ 12 Corporate bonds 14 — — 14 Mortgage-backed securities 12 — — 12 U.S. government and municipal obligations 14 — — 14 Total assets $ 53 $ — $ — $ 53 There were no unrealized losses which had been in a loss position for more than one year as of December 31, 2024. 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. We periodically review our 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. There were no proceeds, maturities, 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 years ended December 31, 2024, 2023, and 2022. Expected maturities may differ from contractual maturities because borrowers may have the right to call or prepay obligations with or without call or prepayment penalties. The amortized cost, fair value and gross unrealized gains and losses of our marketable securities by contractual maturity are as follows: As of (In millions) Amortized Cost Fair Value Due to mature One year or less $ 15 $ 15 After one year through five years 16 16 After five years through ten years 8 8 After ten years 2 2 Mortgage-backed securities 12 12 Total marketable securities $ 53 $ 53

Comprehensive Income (Loss)

Comprehensive Income (Loss)	12 Months Ended
	Dec. 31, 2024
Comprehensive Income (Loss) [Abstract]
Comprehensive Income (Loss)	Note 16. Comprehensive Income (Loss) Comprehensive income (loss) consists of net income (loss), unrealized gains (losses) on derivative instruments and unrealized gains (losses) on marketable securities. We disclose comprehensive income (loss) in the accompanying consolidated statements of operations and comprehensive income and consolidated statements of changes in equity. A summary of the changes in AOCI is as follows: (In millions) Balance as of December 31, 2022 $ 8 Other comprehensive income (loss) before reclassifications: Pre-tax amount 4 Tax provision (benefit) 1 After-tax amount 3 Amounts reclassified from AOCI 1) ( 5 ) Net current period other comprehensive income (loss) ( 3 ) Balance as of December 31, 2023 $ 6 Other comprehensive income (loss) before reclassifications: Pre-tax amount — Tax provision (benefit) — After-tax amount — Amounts reclassified from AOCI (1) ( 6 ) Net current period other comprehensive income (loss) ( 6 ) Balance as of December 31, 2024 $ — (1) Amounts are net of income taxes. See the table below on reclassifications out of AOCI for additional information. A summary of reclassifications out of AOCI is as follows: Year Ended (In millions) 2024 2023 2022 Gain (loss) on interest rate swap contracts (1) $ 8 $ 7 $ ( 5 ) Impact of income taxes (2) ( 2 ) ( 2 ) 1 Total reclassifications during the period $ 6 $ 5 $ ( 4 ) (1) Included in interest expense in the accompanying consolidated statements of operations and comprehensive income. (2) Included in provision for income taxes in the accompanying consolidated statements of operations and comprehensive income.

Derivative Financial Instrument

Derivative Financial Instruments	12 Months Ended
	Dec. 31, 2024
Derivative Financial Instruments [Abstract]
Derivative Financial Instruments	Note 17. Derivative Financial Instruments We currently use a derivative financial instrument to manage risks associated with changes in interest rates by hedging the interest payments on a portion of our variable rate debt through the use of interest rate swap contracts. We do not hold or issue derivative financial instruments for trading or speculative purposes. In designating derivative financial instruments as hedging instruments under accounting standards for derivative instruments, we formally document 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. We assess at the time a derivative contract is entered into, and at least quarterly thereafter, whether the derivative item is effective in offsetting the projected cash flows of the associated forecasted transaction. Our interest rate swap contracts are classified as cash flow hedges, and, as such, are recorded in the accompanying consolidated statements of financial position on an individual basis as either an asset or liability at fair value, with changes in fair value recorded in AOCI. Cash flows related to the interest rate swap contracts are classified as operating activities in the accompanying consolidated statements of cash flows. The effective portion of the gain or loss on our interest rate swap contracts are recorded in AOCI. These amounts are reclassified into earnings in the same period or periods during which the hedged forecasted debt interest settlement affects earnings. See Note 15 to the accompanying consolidated financial statements for the effective portion of the gain or loss on derivative instruments recorded in AOCI and for the amounts reclassified out of AOCI and into earnings during the periods presented. As the underlying forecasted transactions occur during the next 12 months, we estimate the unrealized hedging gain in AOCI expected to be recognized in earnings is $ 2 million, net of tax, as of December 31, 2024. The amounts ultimately reclassified into earnings during the next 12 months will be determined based on the actual interest rates in effect at the time the positions are settled, and as a result, they could differ materially from our estimate noted above.

Fair Value Measurements

Fair Value Measurements	12 Months Ended
	Dec. 31, 2024
Fair Value Measurements [Abstract]
Fair Value Measurements	Note 18. Fair Value Measurements We estimate fair value at a price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants in the principal market for the asset or liability. The valuation techniques require inputs that we categorize into a three-level hierarchy, from highest to lowest level of observable inputs, as follows: unadjusted quoted prices for identical assets or liabilities in active markets ("Level 1"); direct or indirect observable inputs, including quoted prices or other market data, for similar assets or liabilities in active markets or identical assets or liabilities in less active markets ("Level 2"); and unobservable inputs that require significant judgment for which there is little or no market data ("Level 3"). When multiple input levels are required for a valuation, we categorize the entire fair value measurement according to the lowest level of input that is significant to the measurement, even though we may have also utilized significant inputs that are more readily observable. The period-end carrying amounts of cash and cash equivalents, receivables, accounts payable and accrued liabilities approximate their fair values due to the short-term maturities of these financial instruments. The period-end carrying amounts of short- and long-term marketable securities also approximate fair value and primarily consists of available-for-sale debt securities. Unrealized gains and losses are reported net of tax as a component of AOCI in the accompanying consolidated statements of financial position. Any unrealized losses where the decline in value is other than temporary are reported in interest and net investment income in the accompanying consolidated statements of operations and comprehensive income. There were no other than temporary declines in value for the periods ended December 31, 2024 and 2023. As of December 31, 2024 and 2023, the carrying amounts of our total debt were $ 1,199 million and $ 593 million, respectively, and the estimated fair values were $ 1,211 million and $ 598 million, respectively. The fair value of our debt was estimated based on available market prices for the same or similar instruments that are considered significant other observable inputs (Level 2) within the fair value hierarchy and was based on information available to us as of the respective period end dates. We determine the fair value of our interest rate swap contracts using a forward interest rate curve obtained from a third-party market data provider. 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 rates to the expected forward interest rate as of each settlement date and applying the difference between these two rates to the notional amounts of debt in the interest rate swap contracts. We did not change our valuation techniques for measuring the fair value of any financial assets and liabilities during the year ended December 31, 2024. Transfers between hierarchy levels, if any, are recognized at the end of the reporting period. There were no transfers between hierarchy levels during the year ended December 31, 2024. The carrying amount and estimated fair value of our financial instruments that are recorded at fair value on a recurring basis for the periods presented are as follows: Estimated Fair Value Measurements (In millions) Carrying Quote Significant Significant As of December 31, 2024: Marketable securities $ 15 $ 6 $ 9 $ — Other assets 3 — 3 — Long-term marketable securities 38 2 36 — Total assets $ 56 $ 8 $ 48 $ — Other long-term liabilities $ 3 $ — $ 3 $ — Total liabilities $ 3 $ — $ 3 $ — As of December 31, 2023: Prepaid expenses and other current assets $ 5 $ — $ 5 $ — Other assets 2 — 2 — Total assets $ 7 $ — $ 7 $ —

Capital Stock

Capital Stock	12 Months Ended
	Dec. 31, 2024
Capital Stock [Abstract]
Capital Stock	Note 19. Capital Stock We are authorized to issue 2,000,000,000 shares of common stock. As of December 31, 2024 , there were 87,434,468 shares of common stock issued and 75,314,243 shares of common stock outstanding. As of December 31, 2023, there were 86,553,387 shares of common stock issued and 78,378,511 shares of common stock outstanding. We have no other classes of equity securities issued or outstanding.

Share Repurchase Program

Share Repurchase Program	12 Months Ended
	Dec. 31, 2024
Share Repurchase Program [Abstract]
Share Repurchase Program	Note 20. Share Repurchase Program On July 26, 2024, our Board of Directors approved a new share repurchase authorization of up to $ 650 million of our common stock over the three-year period from September 4, 2024 through September 4, 2027. Purchases under this new repurchase program may be made from time to time by the company in the open market at prevailing market prices (including through a Rule 10b5-1 Plan), in privately negotiated transactions, or through any combination of these methods, through September 4, 2027. The actual timing, number, manner and value of any shares repurchased will depend on several factors, including the market price of the company’s stock, general market and economic conditions, the company’s liquidity requirements, applicable legal requirements and other business considerations. The repurchase program does not obligate us to acquire any number of shares in any specific period or at all and may be suspended or discontinued at any time at our discretion. As of December 31, 2024 , we repurchased a total of 709,077 outstanding shares at an aggregate cost of $ 41 million under this program, which is included in treasury stock on the accompanying consolidated statements of financial position. On September 3, 2024, our previous repurchase authorization of up to $ 400 million expired. We repurchased a total of 11,319,091 outstanding shares at an aggregate cost of $ 400 million under this previous program, which is included in treasury stock on the accompanying consolidated statements of financial position. A summary of repurchases of outstanding shares is as follows: Year Ended (In millions, except per share data) 2024 2023 2022 Number of shares purchased 3,945,349 3,604,625 1,917,350 Average price paid per share (1) $ 40.43 $ 33.29 $ 30.51 Cost of shares purchased (1) $ 160 $ 120 $ 59 (1) The average price paid per share and the cost of shares purchased are calculated on a trade date basis and exclude associated commissions and taxes of $ 2 million, $ 1 million and less than $ 1 million for the years ended December 31, 2024, 2023 and 2022, respectively .

Earnings Per Share

Earnings Per Share	12 Months Ended
	Dec. 31, 2024
Earnings Per Share [Abstract]
Earnings Per Share	Note 21. Earnings Per Share Basic earnings per share is computed by dividing net income by the weighted-average number of shares of common stock outstanding during the period. Diluted earnings per share is computed by dividing net income 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 potentially dilutive shares of common stock been issued. The dilutive effect of stock options, performance options, RSUs, performance shares and RSAs are reflected in diluted earnings per share by applying the treasury stock method. A summary of the calculations of our basic and diluted earnings per share is as follows: Year Ended (In millions, except per share data) 2024 2023 2022 Net Income $ 235 $ 171 $ 71 Weighted-average common shares outstanding 77.0 80.5 81.8 Effect of dilutive securities: RSUs (1) 0.6 0.3 0.1 Stock options (2) 0.2 — — Performance options (3) 0.2 — — Weighted-average common shares outstanding - assuming dilution: 78.0 80.9 82.0 Basic earnings per share $ 3.05 $ 2.13 $ 0.87 Diluted earnings per share $ 3.01 $ 2.12 $ 0.87 (1) RSUs of 384,580 shares, 507,005 shares and 769,704 shares for the years ended December 31, 2024, 2023 and 2022 , respectively, were not included in the diluted earnings per share calculation because their effect would have been anti-dilutive. (2) Stock options to purchase 657,029 shares, 1,276,776 shares and 1,357,963 shares for the years ended December 31, 2024, 2023 and 2022 , respectively, were not included in the diluted earnings per share calculation because their effect would have been anti-dilutive. (3) Performance options to purchase 646,230 shares and 159,769 shares for the years ended December 31, 2023 and 2022, respectively, were not included in the diluted earnings per share calculation because their effect would have been anti-dilutive. There were no anti-dilutive performance options for the year ended December 31, 2024 .

Schedule I Frontdoor, Inc (Pare

Schedule I Frontdoor, Inc (Parent Company Only)	12 Months Ended
	Dec. 31, 2024
Schedule I Frontdoor, Inc. (Parent Company Only) [Abstract]
Schedule I Frontdoor, Inc. (Parent Company Only)	SCHEDULE I Frontdoor, Inc. (Parent Company Only) Condensed Statements of Operations and Comprehensive Income (In millions) Year Ended 2024 2023 2022 Revenue $ — $ — $ — Selling and administrative expenses 17 — — Interest expense 40 40 31 Interest and net investment income ( 4 ) ( 4 ) — Loss on extinguishment of debt 3 — — Loss before Income Taxes ( 56 ) ( 35 ) ( 31 ) Provision for income taxes 1 2 1 Net Loss from Operations ( 57 ) ( 38 ) ( 32 ) Equity in earnings of subsidiaries (net of tax) 292 209 104 Net Income $ 235 $ 171 $ 71 Other Comprehensive (Loss) Income, Net of Income Taxes: Unrealized (loss) gain on derivative instruments, net of income taxes ( 6 ) ( 3 ) 27 Total Other Comprehensive (Loss) Income, Net of Income Taxes: ( 6 ) ( 3 ) 27 Comprehensive Income $ 229 $ 169 $ 98 Frontdoor, Inc. (Parent Company Only) Condensed Statements of Financial Position (In millions) As of 2024 2023 Assets: Current Assets: Cash and cash equivalents $ 11 $ 39 Prepaid expenses and other current assets 4 5 Total Current Assets 15 44 Other Assets: Investments in subsidiaries 1,772 874 Other assets 2 3 Total Assets $ 1,790 $ 921 Liabilities and Shareholders' Equity: Current Liabilities: Accrued liabilities: Other accrued liabilities $ 9 $ 11 Current portion of long-term debt 29 17 Total Current Liabilities 38 28 Long-Term Debt 1,170 577 Due to Subsidiaries 339 178 Other Long-Term Liabilities: Deferred tax liabilities, net — 2 Other long-term liabilities 4 2 Total Other Long-Term Liabilities 4 3 Shareholders' Equity 239 136 Total Liabilities and Shareholders' Equity $ 1,790 $ 921 Frontdoor, Inc. (Parent Company Only) Condensed Statements of Cash Flows (In millions) Year Ended 2024 2023 2022 Cash and Cash Equivalents at Beginning of Period $ 39 $ 1 $ 2 Net Cash Used for Operating Activities ( 56 ) ( 42 ) ( 25 ) Cash Flows from Investing Activities: Business acquisitions, net of cash acquired ( 583 ) — — Net Cash Used for Investing Activities ( 583 ) — — Cash Flows from Financing Activities: Borrowings of debt, net of discount 1,216 — — Repayments of debt ( 598 ) ( 17 ) ( 17 ) Debt issuance costs paid ( 18 ) — — Net transfers to Parent Company 164 216 102 Repurchases of common stock ( 161 ) ( 121 ) ( 59 ) Other financing activities 9 1 ( 2 ) Net Cash Provided from Financing Activities 611 80 24 Cash (Decrease) Increase During the Period ( 28 ) 38 ( 1 ) Cash and Cash Equivalents at End of Period $ 11 $ 39 $ 1 Note 1. Basis of Presentation The condensed financial statements of Frontdoor, Inc. (“Parent Company”) are required as a result of the restricted net assets of the Parent Company’s consolidated subsidiaries exceeding 25 percent of the Parent Company’s consolidated net assets as of December 31, 2024. All consolidated subsidiaries of the Parent Company are wholly owned. The primary source of income for the Parent Company is equity in its subsidiaries’ earnings. Pursuant to rules and regulations of the SEC, the unconsolidated condensed financial statements of the Parent Company do not reflect all of the information and notes normally included with financial statements prepared in accordance with GAAP. Therefore, these condensed financial statements should be read in conjunction with the audited consolidated financial statements and related notes thereto included in this Annual Report on Form 10-K. The Parent Company has accounted for its subsidiaries using the equity method of accounting in these condensed financial statements. Note 2. Long-Term Debt On June 17, 2021, we entered into the Credit Agreement, which provided for a $ 260 million Prior Term Loan A maturing June 17, 2026 , a $ 380 million Prior Term Loan B maturing June 17, 2028 and a $ 250 million Prior Revolving Credit Facility terminating June 17, 2026 . On March 8, 2023, in connection with the planned phase-out of LIBOR, we entered into the first amendment to the Credit Agreement for the purpose of replacing LIBOR with SOFR as the benchmark rate under the Credit Agreement. This change was effective in March 2023 for the Prior Term Loan A and the Prior Revolving Credit Facility and effective in June 2023 for the Prior Term Loan B. On December 19, 2024, we entered into the second amendment to the Credit Agreement, which provides for a $ 418 million Amended Term Loan A maturing December 31, 2029 , a $ 800 million Amended Term Loan B maturing December 31, 2031 and a $ 250 million Amended Revolving Credit Facility terminating December 31, 2029 . The net proceeds from the transaction were used to repay the Prior Term Loan Facilities, including accrued and unpaid interest, to fund the 2-10 HBW Acquisition, which also closed on December 19, 2024, and to pay related fees and expenses of all these transactions with the remainder has been designated to fund share repurchases or for other general corporate purposes. In connection with the second amendment to the Credit Agreement, we repaid all of the then current outstanding principal amounts of the Prior Term Loan Facilities, consisting of $ 218 million related to the Prior Term Loan A and $ 368 million related to the Prior Term Loan B, and recorded a loss on extinguishment of debt of $ 3 million, which included the write-off of unamortized debt issuance costs and original issue discount. Additionally, on December 19, 2024, we terminated the Prior Revolving Credit Facility, which carried a zero balance. For the years ended December 31, 2024, 2023 and 2022, Parent Company’s debt and corresponding interest expense were not allocated to its subsidiaries. American Home Shield is a co-obligor and/or guarantor of the debt, and interest expense has been pushed down to American Home Shield for income tax purposes. For further information on the Parent Company’s financing transactions, see Note 12 to the audited consolidated financial statements included in Item 8 of this Annual Report on Form 10-K. Note 3. Acquisition On December 19, 2024 , we completed the acquisition of all of the issued and outstanding common stock of 2-10 HBW pursuant to a purchase agreement dated June 3, 2024 for aggregate cash consideration of $ 585 million, subject to certain customary adjustments based on, among other things, the amount of cash, debt, transaction expenses, working capital and regulatory capital in the business of 2-10 HBW as of the closing of the transaction. 2-10 HBW is a leading provider of new home structural warranties that provide home builders insurance-backed coverage and/or administrative services for workmanship, systems and/or structural failures. 2-10 HBW is also a provider of home warranties. For further information on the 2-10 HBW Acquisition, see Note 7 to the audited consolidated financial statements included in Item 8 of this Annual Report on Form 10-K. Note 4. Supplemental Non-Cash Information The Parent Company entered into certain non-cash transactions with subsidiaries as follows, which have been excluded from the condensed statements of cash flows: Year Ended (In millions) 2024 2023 2022 Settlement of amounts due to subsidiaries $ — $ ( 605 ) $ — Dividend to subsidiaries — 605 — Note 5. Share Repurchase Program On July 26, 2024, our Board of Directors approved a new share repurchase authorization of up to $ 650 million of our common stock over the three-year period from September 4, 2024 through September 4, 2027. Purchases under this new $ 650 million repurchase program may be made from time to time by the company in the open market at prevailing market prices (including through a Rule 10b5-1 Plan), in privately negotiated transactions, or through any combination of these methods, through September 4, 2027. The actual timing, number, manner and value of any shares repurchased will depend on several factors, including the market price of the company’s stock, general market and economic conditions, the company’s liquidity requirements, applicable legal requirements and other business considerations. The repurchase program does not obligate us to acquire any number of shares in any specific period or at all and may be suspended or discontinued at any time at our discretion. As of December 31, 2024, we repurchased a total of 709,077 outstanding shares at an aggregate cost of $ 41 million, which is included in treasury stock on the accompanying consolidated statements of financial position. On September 3,2024, our previous repurchase authorization of up to $ 400 million expired. We repurchased a total of 11,319,091 outstanding shares at an aggregate cost of $ 400 million under this previous program, which is included in treasury stock on the accompanying condensed consolidated statements of financial position. For further information on the Parent Company’s share repurchases, see Note 19 to the audited consolidated financial statements included in Item 8 of this Annual Report on Form 10-K.

Schedule II Valuation and Quali

Schedule II Valuation and Qualifying Accounts	12 Months Ended
	Dec. 31, 2024
Schedule II Valuation and Qualifying Accounts [Abstract]
Schedule II Valuation and Qualifying Accounts	SCHEDULE II Frontdoor, Inc. Valuation and Qualifying Accounts (In millions ) Balance at Additions Deductions (1) Balance at As of and for the year ended December 31, 2024 Allowance for doubtful accounts: Accounts receivable $ 5 $ 20 $ 21 $ 4 Income tax valuation allowance 1 — — 1 As of and for the year ended December 31, 2023 Allowance for doubtful accounts: Accounts receivable $ 4 $ 22 $ 21 $ 5 Income tax valuation allowance — 1 — 1 As of and for the year ended December 31, 2022 Allowance for doubtful accounts: Accounts receivable $ 4 $ 19 $ 18 $ 4 Income tax valuation allowance 1 — 1 — (1) Deductions to the allowance for doubtful accounts for accounts receivable reflect write-offs of uncollectible accounts. Deductions to the income tax valuation allowance are primarily attributable to the reduction in net operating loss carryforwards and other deferred tax assets related to the uncertainty of future taxable income in certain jurisdictions.

Significant Accounting Polici_2

Significant Accounting Policies (Policies)	12 Months Ended
	Dec. 31, 2024
Significant Accounting Policies [Abstract]
Consolidation	Consolidation Our consolidated financial statements include all of our wholly-owned subsidiaries. All intercompany transactions and balances have been eliminated in consolidation.
Use of Estimates	Use of Estimates The preparation of the consolidated financial statements requires management to make certain estimates and assumptions required under U.S. GAAP that may differ from actual results. The more significant areas requiring the use of management estimates relate to: revenue recognition; business combinations; home warranty claims accruals; the valuation of property and equipment, marketable securities, goodwill and intangible assets; useful lives for recognizing depreciation and amortization expense; accruals for current and deferred tax accounts; stock-based compensation expense; and litigation matters.
Revenue	Revenue The majority of our revenue is generated from home warranty contracts entered into with our customers. Home warranty contracts are typically one year in duration. Home warranty claims costs are expensed as incurred. We recognize revenue over the life of these contracts in proportion to the expected direct costs. Those costs bear a direct relationship to the fulfillment of our obligations under the contracts and are representative of the relative value provided to our customers. We regularly review our estimates of claims costs and adjust our estimates when appropriate. Revenues are presented net of sales taxes collected and remitted to government taxing authorities in the accompanying consolidated statements of operations and comprehensive income. We record a receivable due from customers once we have an unconditional right to invoice and receive payment in the future related to the services provided and anticipate the collection of amounts due to us. We invoice our monthly-pay customers on a straight-line basis over the contract term. As a result, contract assets arise when we recognize revenue for our home warranty contracts prior to a customer being invoiced. Deferred revenue represents a contract liability and is recognized when cash payments are received in advance of the performance of services, including when the amounts are refundable. Amounts are recognized as revenue in proportion to the costs expected to be incurred in performing services under our contracts.
Property and Equipment, Goodwill and Intangible Assets	Property and Equipment, Goodwill and Intangible Assets Property and equipment consist of the following: As of Estimated (In millions) 2024 2023 (Years) Land $ 2 $ — Buildings and improvements 11 4 10 - 40 Technology and communications 139 159 3 - 7 Office equipment, furniture and fixtures, and vehicles 5 3 5 - 7 Property and equipment, gross 157 166 Less accumulated depreciation ( 84 ) ( 105 ) Property and equipment, net $ 73 $ 60 Depreciation of property and equipment wa s $ 35 million, $ 32 million and $ 27 million for the years ended December 31, 2024, 2023 and 2022, respectively. Property and equipment are recorded at cost. Property and equipment and intangible assets with finite lives are depreciated on a straight-line basis over their estimated useful lives. These lives are based on our previous experience for similar assets, potential market obsolescence and other industry and business data. Property and equipment and finite-lived intangible assets are tested for recoverability if circumstances indicate a potential impairment. If the carrying amount 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 could cause us to adjust the carrying values or future expense accordingly. Goodwill and indefinite-lived intangible assets are not amortized and are subject to assessment for impairment on an annual basis, or more frequently if circumstances indicate a potential impairment. We perform our annual assessment for impairment on October 1 of every year. Goodwill and indefinite-lived intangible assets are tested for impairment at the reporting unit level. The Company can elect to first perform a qualitative assessment to determine whether it is more likely than not that the fair value of the reporting unit is less than its carrying amount. If the reporting unit does not pass the qualitative assessment, or if the Company does not elect to perform the initial qualitative assessment, then the reporting unit’s carrying amount is compared to its fair value. The fair values of the reporting units are estimated using market and discounted cash flow approaches. The discounted cash flow approach uses expected future operating results. The market approach uses comparable company information to determine revenue and earnings multiples to value our reporting units. Failure to achieve these expected results or market multiples may cause a future impairment of goodwill at the reporting unit. Goodwill and indefinite-lived intangible assets are considered impaired if the carrying amount of the reporting unit exceeds its fair value. See Note 5 to the accompanying consolidated financial statements for information related to our goodwill and intangible assets. As part of business combination accounting, a value of business acquired ("VOBA") intangible asset is established upon the acquisition of blocks of contracts. This intangible represents the present value of estimated net cash flows for the in-force contracts as of the acquisition date. VOBA is amortized as a component of depreciation and amortization expense in the accompanying consolidated statements of operations and comprehensive income in relation to the profit emergence of the underlying acquired contracts. The valuation of VOBA is based on many factors including investment yields, expenses and discount rate.
Advertising	Advertising We expense advertising costs as incurred. Advertising expense for the years ended December 31, 2024, 2023 and 2022 was $ 170 million, $ 156 million and $ 115 million, respectively.
Leases	Leases We determine if an arrangement is a lease at inception. We recognize a right-of-use (“ROU”) asset and lease liability for all leases with terms of 12 months or more. ROU assets represent our right to use an underlying asset for the lease term, and lease liabilities represent our obligation to make lease payments arising from the lease. ROU assets and lease liabilities are recognized at commencement date based on the present value of lease payments over the lease term. Our lease terms may include options to extend or terminate the lease when it is reasonably certain that we will exercise that option. As most of our leases do not provide an implicit rate, we use our incremental borrowing rate based on the information available at commencement date in determining the present value of lease payments. We use the implicit rate when readily determinable. Our incremental borrowing rate is determined based on our secured borrowing rating and the lease term. Our operating lease ROU assets are recorded net of lease incentives. Lease expense for operating lease payments is recognized on a straight-line basis over the lease term. We have lease agreements with lease and non-lease components, which are accounted for separately for our real estate leases. See Note 6 to the accompanying consolidated financial statements for information related to our leases.
Restricted Net Assets	Restricted Net Assets There are regulatory restrictions on the ability of certain of our subsidiaries to transfer funds to us. The payments of ordinary and extraordinary dividends by our subsidiaries 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 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 make to us. As of December 31, 2024, the total net assets subject to these regulatory restrictions was $ 184 million.
Statutory Financial Information	Statutory Financial Information A subsidiary of 2-10 Holdco, Inc., New Home Warranty Insurance Company, a risk retention group, (the "RRG") is required to prepare statutory financial statements in accordance with the laws and regulations in the state jurisdictions in which it operates. We apply the statutory accounting practices prescribed by the National Association of Insurance Commissioners (“NAIC”) as the basis for accounting in the RRG standalone statutory financial statements. These statutory financial statements are prepared on a calendar year basis. For the year ended December 31, 2024, the RRG reported a statutory net loss of $ 1 million and statutory capital and surplus of $ 5 million. No dividends were declared or paid by the RRG during 2024. As part of its regulatory filings and pursuant to the Risk-Based Capital (“RBC”) requirements of the NAIC, the RRG is required to maintain a minimum capitalization level, as determined based on formulas and other factors incorporating various business risks of the insurance subsidiary. As of December 31, 2024, the RRG’s statutory surplus exceeded the RBC requirement.
Financial Instruments and Credit Risk	Financial Instruments and Credit Risk We hedge the interest payments on a portion of our variable rate debt through the use of an interest rate swap contract. We have classified our interest rate swap contract as a cash flow hedge and recorded the hedging instrument in the consolidated statements of financial position as either an asset or liability at fair value. The effect of derivative financial instrument transactions could have a material impact on our financial statements. We do not hold or issue derivative financial instruments for trading or speculative purposes. Financial instruments, which potentially subject us to financial and credit risk, consist principally of investments and receivables. Investments consist primarily of certificates of deposit, corporate bonds, mortgage-backed securities and U.S. government obligations. 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 our receivables have little concentration of credit risk due to the large number of customers with relatively small balances and their dispersion across geographical areas. We maintain an allowance for losses based upon the expected collectability of receivables. See Note 18 to the accompanying consolidated financial statements for information relating to the fair value of financial instruments.
Stock-Based Compensation Expense	Stock-Based Compensation Expense Stock-based compensation expense for non-qualified stock options 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 for future grants may differ materially from that recorded in the current period related to options granted to date. In addition, we estimate the expected forfeiture rate and only recognize expense for those shares expected to vest. We estimate the forfeiture rate based on historical experience. To the extent the actual forfeiture rate is different from the estimate, stock-based compensation expense is adjusted accordingly in the period the forfeiture occurs or the awards vest. See Note 10 to the accompanying consolidated financial statements for more details, including the calculation of stock-based compensation expense for stock options, performance options, RSUs, performance shares and RSAs.
Income Taxes	Income Taxes Frontdoor files a consolidated U.S. federal income tax return. State and local returns are filed both on a separate company basis and on a combined unitary basis with Frontdoor. Current and deferred income taxes are provided for on a separate company basis. We account for income taxes using an asset and liability approach for the expected future tax consequences of events that have been recognized in our financial statements or tax returns. Deferred tax assets and liabilities are recognized for the future tax consequences attributable to differences between the financial statement carrying amounts of existing assets and liabilities and their respective tax bases and operating loss carryforwards. Deferred tax assets and liabilities are measured using enacted tax rates expected to apply to taxable income during the years in which those temporary differences are expected to be recovered or settled. The effect on deferred tax assets and liabilities of a change in tax rates is recognized in operations in the period that includes the enactment date. Valuation allowances are established when management determines that it is more likely than not that some portion, or all, of the deferred tax asset will not be realized. The financial effect of changes in tax laws or rates is accounted for in the period of enactment. We record a liability for unrecognized tax benefits resulting from uncertain tax positions taken or expected to be taken in tax returns. We recognize potential interest and penalties related to unrecognized tax benefits as income tax expense.
Newly Adopted Accounting Standards	Newly Issued Accounting Standards In 2023, the FASB issued ASU 2023-07 , Segment Reporting (Topic 280), which improves reportable segment disclosure requirements, primarily through enhanced disclosures about significant segment expenses. ASU 2023-07 requires disclosure of this incremental segment information on an annual and interim basis. This guidance is effective for fiscal years beginning after December 15, 2023, and interim periods within fiscal years beginning after December 15, 2024. This guidance was applied retrospectively to all prior periods presented in the financial statements when we adopted the provisions of this ASU as of December 31, 2024 . See Note 13 for the required disclosures. In 2023, the FASB issued ASU 2023-09 , Income Taxes (Topic 740), which improves income tax disclosure requirements, primarily through enhanced disclosures related to the rate reconciliation and income taxes paid information. This guidance is effective for annual periods beginning after December 15, 2024. Early adoption is permitted, and the guidance should be applied on a prospective basis. Retrospective application is permitted. We are currently evaluating the impact of this ASU on our enhanced disclosures. In 2024, the FASB issues ASU 2024-03, Income Statement—Reporting Comprehensive Income—Expense Disaggregation Disclosures (Subtopic 220-40), which requires disclosure, in the notes to the financial statements, of specified information about certain costs and expenses on an annual and interim basis. This guidance is effective for annual periods beginning after December 15, 2026, and interim periods within fiscal years beginning after December 15, 2027. Early adoption is permitted, and the guidance can be applied either prospectively or retrospectively. We are currently evaluating the impact of this ASU on our enhanced disclosures.

Significant Accounting Polici_3

Significant Accounting Policies (Tables)	12 Months Ended
	Dec. 31, 2024
Significant Accounting Policies [Abstract]
Schedule of Property and Equipment	As of Estimated (In millions) 2024 2023 (Years) Land $ 2 $ — Buildings and improvements 11 4 10 - 40 Technology and communications 139 159 3 - 7 Office equipment, furniture and fixtures, and vehicles 5 3 5 - 7 Property and equipment, gross 157 166 Less accumulated depreciation ( 84 ) ( 105 ) Property and equipment, net $ 73 $ 60

Revenue (Tables)

Revenue (Tables)	12 Months Ended
	Dec. 31, 2024
Revenue [Abstract]
Disaggregation of Revenue from Contracts with Customers	Year Ended (In millions) 2024 2023 2022 Renewals $ 1,437 $ 1,367 $ 1,203 Real estate (1) 125 141 184 Direct-to-consumer (1) 166 194 219 Other 116 77 56 Total $ 1,843 $ 1,780 $ 1,662 (1) First-year revenue only.
Change in Deferred Revenue	A summary of the changes in deferred revenue, including the long-term portion, for the year ended December 31, 2024 is as follows: (In millions) Balance as of December 31, 2023 $ 102 Deferral of revenue 199 Acquired revenue 41 Recognition of deferred revenue ( 208 ) Balance as of December 31, 2024 $ 135

Goodwill and Intangible Assets

Goodwill and Intangible Assets (Tables)	12 Months Ended
	Dec. 31, 2024
Goodwill and Intangible Assets [Abstract]
Summary of Components of Intangible Assets	The following table provides a summary of the components of our intangible assets: As of December 31, 2024 2023 (In millions) Gross Accumulated Net Gross Accumulated Net Trade names (1) $ 141 $ — $ 141 $ 141 $ — $ 141 Value of business acquired 148 ( 1 ) 147 — — — Home warranty customer relationships 214 ( 173 ) 41 173 ( 173 ) — Builder relationships 73 — 72 — — — Developed technology 35 ( 19 ) 16 19 ( 17 ) 2 Other 63 ( 32 ) 31 32 ( 32 ) — Total $ 673 $ ( 225 ) $ 448 $ 365 $ ( 221 ) $ 143 (1) Not subject to amortization.
Summary of 2-10 HBW Acquisition Intangible Assets	During the year ended December 31, 2024, in connection with the 2-10 HBW Acquisition, we acquired the following intangible assets: Weighted Average (In millions) (Years) Value of business acquired $ 148 13 Home warranty customer relationships 41 7 Builder relationships 73 12 Developed technology 16 5 Other 31 13 Total $ 309
Schedule of Expected Amortization Expense for Intangible Assets	The following table outlines expected amortization expense for existing intangible assets for the next five years: (In millions) 2025 $ 51 2026 42 2027 37 2028 34 2029 31 Total $ 195

Leases (Tables)

Leases (Tables)	12 Months Ended
	Dec. 31, 2024
Leases [Abstract]
Weighted Average Remaining Lease Term and Discount Rate	The weighted-average remaining lease term and weighted-average discount rate related to our operating leases are as follows: As of 2024 2023 Weighted-average remaining lease term (years) 9 9 Weighted-average discount rate 6.5 % 6.5 %
Supplemental Statement of Financial Position Information Related to Leases	Supplemental statement of financial position information related to our operating lease liabilities is as follows: As of (In millions) 2024 2023 Other accrued liabilities $ 2 $ 2 Operating lease liabilities 20 16 Total operating lease liabilities $ 22 $ 18
Supplemental Cash Flow Related to Leases	Supplemental cash flow information related to our operating leases is as follows: Year Ended (In millions) 2024 2023 2022 Cash paid on operating lease liabilities (1) $ 4 $ 4 $ 5 Right-of-use assets obtained in exchange for lease obligations 7 — 3 (1) Amount is presented net of cash provided from sublease income.
Maturities of Lease Liabilities	The following table presents the maturities of our operating lease liabilities as of December 31, 2024: (In millions) 2025 (1) $ 2 2026 (1) 3 2027 4 2028 3 2029 3 Thereafter 13 Total future lease payments (1) 28 Less imputed interest ( 7 ) Total operating lease liabilities (1) $ 21 (1) Amount is presented net of future sublease income totaling $ 2 million, which relates to the years ending December 31, 2025 and 2026 .

Income Taxes (Tables)

Income Taxes (Tables)	12 Months Ended
	Dec. 31, 2024
Income Taxes [Abstract]
Reconciliation of Unrecognized Tax Benefits	The table below summarizes the changes in gross unrecognized tax benefits: (In millions) Balance as of December 31, 2022 $ 8 Decreases in tax positions for current year ( 2 ) Balance as of December 31, 2023 5 Decreases in tax positions for current year ( 2 ) Balance as of December 31, 2024 $ 3
Reconciliation of Effective Income Tax Rate	The reconciliation of income tax computed at the U.S. federal statutory tax rate to our effective income tax rate is as follows: Year Ended 2024 2023 2022 Tax at U.S. federal statutory rate 21.0 % 21.0 % 21.0 % State and local income taxes, net of U.S. federal benefit 2.6 2.4 0.7 Other permanent items 0.8 0.9 ( 0.2 ) Stock-based compensation 0.3 1.2 2.2 Goodwill impairment — — 2.0 Tax credits ( 0.7 ) ( 0.7 ) ( 3.2 ) Uncertain tax positions — 0.2 1.3 Effective rate 24.1 % 25.0 % 23.8 %
Income Tax Expense from Continuing Operations	Income tax expense is as follows: Year Ended (In millions) 2024 2023 2022 Current: U.S. federal $ 63 $ 60 $ 28 State and local 10 10 4 Total current income taxes 74 70 32 Deferred: U.S. federal — ( 11 ) ( 7 ) State and local — ( 3 ) ( 2 ) Total deferred income taxes — ( 13 ) ( 10 ) Provision for income taxes $ 74 $ 57 $ 22
Deferred Tax Balances	Significant components of our deferred tax balances are as follows: As of (In millions) 2024 2023 Long-term deferred tax assets (liabilities): Intangible assets $ ( 115 ) $ ( 45 ) Unearned Revenue 38 — Property and equipment 9 4 Deferred customer acquisition costs ( 3 ) ( 3 ) Prepaid expenses and other assets ( 2 ) ( 2 ) Operating lease right-of-use assets ( 2 ) ( 1 ) Receivables allowances 1 1 Accrued liabilities 9 9 Other long-term liabilities 4 7 Operating lease liabilities 6 4 Deferred interest expense 5 ( 2 ) Net operating loss and tax credit carryforwards 3 2 Valuation allowance ( 2 ) ( 1 ) Net long-term deferred tax liabilities $ ( 49 ) $ ( 25 )

Acquisition (Tables)

Acquisition (Tables)	12 Months Ended
	Dec. 31, 2024
Business Combinations [Abstract]
Summary of Total Considertaion	Total consideration as of December 19, 2024, is as follows: (In millions) Cash consideration paid $ 425 Payment of 2-10 HBW indebtedness 157 Payment of 2-10 HBW transaction costs 15 Payment of escrow 10 Total purchase price consideration 607 Less: Acquired 2-10 HBW cash ( 24 ) Total purchase price consideration, net of cash acquired $ 583
Summary of Consideration Paid and Identified Assets and Liabilities Assumed at Acquisition Date	A summary of the consideration paid and the amounts of identified assets acquired and liabilities assumed at the acquisition date, as determined based on management's preliminary assessment of the acquisition date fair value, is as follows: (In millions) Cash and cash equivalents $ 24 Marketable securities 15 Receivables 4 Prepaid expenses and other current assets 8 Property and equipment, net 6 Goodwill 464 Intangible assets 309 Long-term marketable securities 39 Deferred reinsurance 66 Reinsurance recoverables 9 Accounts payable ( 1 ) Accrued liabilities: Payroll and related expenses ( 8 ) Home warranty claims ( 7 ) Other ( 6 ) Deferred revenue ( 29 ) Deferred tax liabilities, net ( 25 ) Unearned insurance premium ( 234 ) Unpaid losses and loss adjustment reserves ( 12 ) Long-term deferred revenue ( 12 ) Other long-term liabilities ( 1 ) Total consideration paid $ 607
Summary of Unaudited Pro Forma Financial Information	A summary of unaudited pro forma financial information related to our consolidated operating results as if the 2-10 HBW Acquisition occurred as of January 1, 2023 is as follows: Year Ended (In millions) 2024 2023 Revenue $ 2,028 $ 1,967 Net Income $ 194 $ 131

Stock-Based Compensation (Table

Stock-Based Compensation (Tables)	12 Months Ended
	Dec. 31, 2024
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Schedule of Assumptions Used to Estimate Value of Each Option Award	The grant date fair value of stock options is determined using the Black-Scholes option pricing model with the assumptions noted in the following table. A historical daily measurement of volatility is determined based on our and our peer companies’ average volatility. The risk-free interest rate is determined by reference to the outstanding U.S. Treasury note with a term equal to the expected life of the option granted. The expected life represents the period of time that options are expected to be outstanding and was calculated using the simplified approach due to our lack of historical experience upon which to estimate the expected lives of the options. Year Ended Assumption 2024 2023 2022 Expected volatility 40.5 % 54.9 % 50.7 % Expected dividend yield 0.0 % 0.0 % 0.0 % Expected life (in years) 6.1 6.1 6.1 Risk-free interest rate 4.21 % 3.71 % 2.38 %
Summary of Option Activity under Omnibus Plan	A summary of option activity under the Omnibus Plan during the year ended December 31, 2024 is presented below: Stock Weighted- Aggregate Weighted- Outstanding as of December 31, 2023 1,327,338 $ 31.97 $ 7 7.79 Granted to employees 576,260 31.94 Exercised ( 352,903 ) 31.81 Forfeited ( 186,124 ) 30.47 Expired ( 34,540 ) 41.94 Outstanding as of December 31, 2024 1,330,031 $ 31.94 $ 30 7.65 Exercisable as of December 31, 2024 518,157 34.72 10 6.02
Summary of RSU Activity Under Omnibus Plan	A summary of RSU activity under the Omnibus Plan during the year ended December 31, 2024 is presented below: RSUs Weighted- Outstanding as of December 31, 2023 1,286,173 $ 28.06 Granted to employees 812,939 32.16 Vested ( 541,799 ) 29.67 Forfeited ( 245,921 ) 29.47 Outstanding as of December 31, 2024 1,311,392 $ 29.68
Performance Options [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Summary of Performance Activity under Omnibus Plan	A summary of performance options activity under the Omnibus Plan during the year ended December 31, 2024 is presented below: Performance Weighted- Outstanding as of December 31, 2023 767,144 $ 10.65 Granted to employees — — Exercised ( 121,950 ) 10.46 Forfeited — — Outstanding as of December 31, 2024 645,194 $ 10.69
Performance Shares [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Summary of Performance Activity under Omnibus Plan	A summary of performance share activity under the Omnibus Plan during the year ended December 31, 2024 is presented below: Performance Weighted- Outstanding as of December 31, 2023 133,492 $ 33.01 Granted to employees 217,527 31.95 Vested ( 17,591 ) 51.07 Forfeited ( 60,221 ) 31.95 Outstanding as of December 31, 2024 273,207 $ 30.49

Long-Term Debt (Tables)

Long-Term Debt (Tables)	12 Months Ended
	Dec. 31, 2024
Long-Term Debt [Abstract]
Schedule of Long-Term Debt	Long-term debt is summarized in the following table: As of (In millions) 2024 2023 Term Loan A maturing in 2029 (1) $ 412 $ — Term Loan B maturing in 2031 (2) 788 — Revolving Credit Facility maturing in 2029 — — Prior Term Loan A maturing in 2026 (3) — 226 Prior Term Loan B maturing in 2028 (4) — 367 Revolving Credit Facility maturing in 2026 — — Total debt 1,199 593 Less current portion ( 29 ) ( 17 ) Total long-term debt $ 1,170 $ 577 (1) Term Loan A maturing in 2029 is presented net of unamortized debt issuance costs of $ 6 million as of December 31, 2024 . (2) Term Loan B maturing in 2031 is presented net of unamortized debt issuance costs of $ 10 million as of December 31, 2024 and unamortized discount of $ 2 million as of December 31, 2024 . (3) Term Loan A maturing in 2026 is presented net of unamortized debt issuance costs of $ 1 million as of December 31, 2023 . (4) Term Loan B maturing in 2028 is presented net of unamortized debt issuance costs of $ 2 million as of December 31, 2023 and unamortized discount of $ 1 million as of December 31, 2023 .
Scheduled Debt Payments	The following table presents future scheduled debt payments as of December 31, 2024: (In millions) 2025 $ 29 2026 29 2027 29 2028 29 2029 342 Thereafter 760 Total future scheduled debt payments 1,218 Less unamortized debt issuance costs ( 17 ) Less unamortized discount ( 2 ) Total debt $ 1,199

Segments (Tables)

Segments (Tables)	12 Months Ended
	Dec. 31, 2024
Segment Reporting [Abstract]
Schedule of Operations Information of Operating Segment	Information for our one operating and reportable segment is as follows: Year Ended (In millions) 2024 2023 2022 Revenue $ 1,843 $ 1,780 $ 1,662 Cost of services rendered 852 895 952 Sales and marketing costs 307 299 253 Customer service costs 104 106 112 General and administrative costs 201 176 157 Other segment items (1) 145 133 117 Net Income $ 235 $ 171 $ 71 Total Assets $ 2,107 $ 1,089 $ 1,082 (1) Other segment items include depreciation and amortization expense, goodwill and intangible impairment, restructuring charges, interest expense, interest and net investment income, loss on extinguishment of debt and provision for income taxes.

Supplemental Cash Flow Inform_2

Supplemental Cash Flow Information (Tables)	12 Months Ended
	Dec. 31, 2024
Supplemental Cash Flow Information [Abstract]
Schedule of Supplemental Information Relating to the Accompanying Condensed Consolidated Statements of Cash Flows	Supplemental information relating to our accompanying consolidated statements of cash flows is as follows: Year Ended (In millions) 2024 2023 2022 Cash paid for (received from): Interest expense $ 39 $ 38 $ 29 Interest income ( 19 ) ( 16 ) ( 3 ) Income tax payments, net of refunds 82 72 26

Cash and Marketable Securities

Cash and Marketable Securities (Tables)	12 Months Ended
	Dec. 31, 2024
Investments, Debt and Equity Securities [Abstract]
Summary Of Amortized Cost Fair Value And Gross Unrealized Gains And Losses Of Marketable Securities	The amortized cost, fair value and gross unrealized gains and losses of our marketable securities are as follows: (In millions) Amortized Cost Gross Unrealized Gain Gross Unrealized Losses Fair Value As of December 31, 2024 Certificates of deposit $ 12 $ — $ — $ 12 Corporate bonds 14 — — 14 Mortgage-backed securities 12 — — 12 U.S. government and municipal obligations 14 — — 14 Total assets $ 53 $ — $ — $ 53
Summary OfAmortized Cost Fair Value And Gross Unrealized Gains And Losses Of Marketable Securities By Contractual Maturity	The amortized cost, fair value and gross unrealized gains and losses of our marketable securities by contractual maturity are as follows: As of (In millions) Amortized Cost Fair Value Due to mature One year or less $ 15 $ 15 After one year through five years 16 16 After five years through ten years 8 8 After ten years 2 2 Mortgage-backed securities 12 12 Total marketable securities $ 53 $ 53

Comprehensive Income (Loss) (Ta

Comprehensive Income (Loss) (Tables)	12 Months Ended
	Dec. 31, 2024
Comprehensive Income (Loss) [Abstract]
Summary of the Activity in AOCI, Net of the Related Tax Effects	A summary of the changes in AOCI is as follows: (In millions) Balance as of December 31, 2022 $ 8 Other comprehensive income (loss) before reclassifications: Pre-tax amount 4 Tax provision (benefit) 1 After-tax amount 3 Amounts reclassified from AOCI 1) ( 5 ) Net current period other comprehensive income (loss) ( 3 ) Balance as of December 31, 2023 $ 6 Other comprehensive income (loss) before reclassifications: Pre-tax amount — Tax provision (benefit) — After-tax amount — Amounts reclassified from AOCI (1) ( 6 ) Net current period other comprehensive income (loss) ( 6 ) Balance as of December 31, 2024 $ — (1) Amounts are net of income taxes. See the table below on reclassifications out of AOCI for additional information.
Schedule of Reclassifications Out of Accumulated Other Comprehensive Income (Loss)	A summary of reclassifications out of AOCI is as follows: Year Ended (In millions) 2024 2023 2022 Gain (loss) on interest rate swap contracts (1) $ 8 $ 7 $ ( 5 ) Impact of income taxes (2) ( 2 ) ( 2 ) 1 Total reclassifications during the period $ 6 $ 5 $ ( 4 ) (1) Included in interest expense in the accompanying consolidated statements of operations and comprehensive income. (2) Included in provision for income taxes in the accompanying consolidated statements of operations and comprehensive income.

Fair Value Measurements (Tables

Fair Value Measurements (Tables)	12 Months Ended
	Dec. 31, 2024
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 (In millions) Carrying Quote Significant Significant As of December 31, 2024: Marketable securities $ 15 $ 6 $ 9 $ — Other assets 3 — 3 — Long-term marketable securities 38 2 36 — Total assets $ 56 $ 8 $ 48 $ — Other long-term liabilities $ 3 $ — $ 3 $ — Total liabilities $ 3 $ — $ 3 $ — As of December 31, 2023: Prepaid expenses and other current assets $ 5 $ — $ 5 $ — Other assets 2 — 2 — Total assets $ 7 $ — $ 7 $ —

Share Repurchase Program (Table

Share Repurchase Program (Tables)	12 Months Ended
	Dec. 31, 2024
Share Repurchase Program [Abstract]
Repurchase of Outstanding Shares	A summary of repurchases of outstanding shares is as follows: Year Ended (In millions, except per share data) 2024 2023 2022 Number of shares purchased 3,945,349 3,604,625 1,917,350 Average price paid per share (1) $ 40.43 $ 33.29 $ 30.51 Cost of shares purchased (1) $ 160 $ 120 $ 59 (1) The average price paid per share and the cost of shares purchased are calculated on a trade date basis and exclude associated commissions and taxes of $ 2 million, $ 1 million and less than $ 1 million for the years ended December 31, 2024, 2023 and 2022, respectively .

Earnings Per Share (Tables)

Earnings Per Share (Tables)	12 Months Ended
	Dec. 31, 2024
Earnings Per Share [Abstract]
Schedule of Basic and Diluted Earnings Per Share	A summary of the calculations of our basic and diluted earnings per share is as follows: Year Ended (In millions, except per share data) 2024 2023 2022 Net Income $ 235 $ 171 $ 71 Weighted-average common shares outstanding 77.0 80.5 81.8 Effect of dilutive securities: RSUs (1) 0.6 0.3 0.1 Stock options (2) 0.2 — — Performance options (3) 0.2 — — Weighted-average common shares outstanding - assuming dilution: 78.0 80.9 82.0 Basic earnings per share $ 3.05 $ 2.13 $ 0.87 Diluted earnings per share $ 3.01 $ 2.12 $ 0.87 (1) RSUs of 384,580 shares, 507,005 shares and 769,704 shares for the years ended December 31, 2024, 2023 and 2022 , respectively, were not included in the diluted earnings per share calculation because their effect would have been anti-dilutive. (2) Stock options to purchase 657,029 shares, 1,276,776 shares and 1,357,963 shares for the years ended December 31, 2024, 2023 and 2022 , respectively, were not included in the diluted earnings per share calculation because their effect would have been anti-dilutive. (3) Performance options to purchase 646,230 shares and 159,769 shares for the years ended December 31, 2023 and 2022, respectively, were not included in the diluted earnings per share calculation because their effect would have been anti-dilutive. There were no anti-dilutive performance options for the year ended December 31, 2024 .

Description of Business (Narrat

Description of Business (Narrative) (Details)	12 Months Ended
	Dec. 31, 2024 Item
Number of active home service plans	2,100,000
Maximum [Member]
Number of systems or appliances covered under service plans	29

Significant Accounting Polici_4

Significant Accounting Policies (Narrative) (Details) - USD ($)	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Home service plans, typical term	1 year
Advertising expense	$ 170,000,000	$ 156,000,000	$ 115,000,000
Recognition requirements lease term	12 months
Depreciation of property and equipment, including depreciation of assets held under finance leases	$ 35,000,000	$ 32,000,000	$ 27,000,000
Amount of Restricted Net Assets for Consolidated and Unconsolidated Subsidiaries	$ 184,000,000
Change in accounting principle, accounting standards update, adopted [true false]	true
Change in accounting principle, accounting standards update, adoption date	Dec. 31, 2024
Accounting Standards Update [Extensible Enumeration]	us-gaap:AccountingStandardsUpdate202307Member
New Home Warranty Insurance Company [Member]
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Statutory capital and surplus	$ 5,000,000
Statutory net loss	1,000,000
Statutory dividend payments	$ 0

Significant Accounting Polici_5

Significant Accounting Policies (Schedule of Property and Equipment) (Details) - USD ($) $ in Millions	Dec. 31, 2024	Dec. 31, 2023
Property, Plant and Equipment [Line Items]
Property and equipment, gross	$ 157	$ 166
Less accumulated depreciation	(84)	(105)
Property and equipment, net	73	60
Land
Property, Plant and Equipment [Line Items]
Property and equipment, gross	2
Buildings and improvements
Property, Plant and Equipment [Line Items]
Property and equipment, gross	$ 11	4
Buildings and improvements | Minimum [Member]
Property, Plant and Equipment [Line Items]
Estimated Useful Lives	10 years
Buildings and improvements | Maximum [Member]
Property, Plant and Equipment [Line Items]
Estimated Useful Lives	40 years
Technology and communications
Property, Plant and Equipment [Line Items]
Property and equipment, gross	$ 139	159
Technology and communications | Minimum [Member]
Property, Plant and Equipment [Line Items]
Estimated Useful Lives	3 years
Technology and communications | Maximum [Member]
Property, Plant and Equipment [Line Items]
Estimated Useful Lives	7 years
Office Equipment, Furniture and Fixtures, and Vehicles [Member]
Property, Plant and Equipment [Line Items]
Property and equipment, gross	$ 5	$ 3
Office Equipment, Furniture and Fixtures, and Vehicles [Member] | Minimum [Member]
Property, Plant and Equipment [Line Items]
Estimated Useful Lives	5 years
Office Equipment, Furniture and Fixtures, and Vehicles [Member] | Maximum [Member]
Property, Plant and Equipment [Line Items]
Estimated Useful Lives	7 years

Revenue (Narrative) (Details)

Revenue (Narrative) (Details) - USD ($)	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Disaggregation of Revenue [Line Items]
Home service plans, typical term	1 year
Deferred customer acquisition costs	$ 11,000,000	$ 12,000,000
Amortization of deferred customer acquisition costs	12,000,000	16,000,000	$ 19,000,000
Impairment losses related to capitalized costs	0	0	$ 0
Contract assets	0	$ 0
Revenue recognized, opening balance	98,000,000
Maximum [Member]
Disaggregation of Revenue [Line Items]
Deferred policy acquisition cost	$ 1,000,000

Revenue (Disaggregation of Reve

Revenue (Disaggregation of Revenue from Contracts with Customers) (Details) - USD ($) $ in Millions		12 Months Ended
		Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Disaggregation of Revenue [Line Items]
Reportable segment revenues		$ 1,843	$ 1,780	$ 1,662
Renewals [Member]
Disaggregation of Revenue [Line Items]
Reportable segment revenues		1,437	1,367	1,203
Real Estate [Member]
Disaggregation of Revenue [Line Items]
Reportable segment revenues	[1]	125	141	184
Direct-To-Consumer [Member]
Disaggregation of Revenue [Line Items]
Reportable segment revenues	[1]	166	194	219
Revenue, Other [Member]
Disaggregation of Revenue [Line Items]
Reportable segment revenues		$ 116	$ 77	$ 56
[1] First-year revenue only.

Revenue (Change in Deferred Rev

Revenue (Change in Deferred Revenue) (Details) $ in Millions	12 Months Ended
	Dec. 31, 2024 USD ($)
Revenue [Abstract]
Balance at beginning of period	$ 102
Deferral of revenue	199
Acquired revenue	41
Recognition of deferred revenue	(208)
Balance at end of period	$ 135

Goodwill and Intangible Asset_2

Goodwill and Intangible Assets (Narrative) (Details) - USD ($)	3 Months Ended	12 Months Ended
	Sep. 30, 2022	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022	Dec. 19, 2024
Finite Lived and Indefinite Lived Intangible Assets by Major Class [Line Items]
Impairment charges	$ 14,000,000
Goodwill		$ 967,000,000	$ 503,000,000
Goodwill impairment charges	9,000,000	0	0
Intangible asset impairment charges	$ 5,000,000	0	0	$ 5,000,000
Amortization expense		4,000,000	$ 4,000,000	$ 7,000,000
2-10 HBW Acquisition [Member]
Finite Lived and Indefinite Lived Intangible Assets by Major Class [Line Items]
Goodwill		$ 464,000,000			$ 464,000,000

Goodwill and Intangible Asset_3

Goodwill and Intangible Assets (Summary of Components of Intangible Assets) (Details) - USD ($) $ in Millions		Dec. 31, 2024	Dec. 31, 2023
Finite Lived and Indefinite Lived Intangible Assets by Major Class [Line Items]
Gross		$ 673	$ 365
Accumulated Amortization		(225)	(221)
Net		448	143
Value of Business Acquired [Member]
Finite Lived and Indefinite Lived Intangible Assets by Major Class [Line Items]
Gross		148	0
Accumulated Amortization		(1)	0
Net		147	0
Home Warranty Customer Relationships [Member]
Finite Lived and Indefinite Lived Intangible Assets by Major Class [Line Items]
Gross		214	173
Accumulated Amortization		(173)	(173)
Net		41	0
Builder Relationships [Member]
Finite Lived and Indefinite Lived Intangible Assets by Major Class [Line Items]
Gross		73	0
Accumulated Amortization		0	0
Net		72	0
Developed Technology [Member]
Finite Lived and Indefinite Lived Intangible Assets by Major Class [Line Items]
Gross		35	19
Accumulated Amortization		(19)	(17)
Net		16	2
Other [Member]
Finite Lived and Indefinite Lived Intangible Assets by Major Class [Line Items]
Gross		63	32
Accumulated Amortization		(32)	(32)
Net		31	0
Trade Names [Member]
Finite Lived and Indefinite Lived Intangible Assets by Major Class [Line Items]
Gross	[1]	141	141
Accumulated Amortization	[1]	0	0
Net	[1]	$ 141	$ 141
[1] Not subject to amortization.

Goodwill and Intangible Asset_4

Goodwill and Intangible Assets (Summary of 2-10 HBW Acquisition Intangible Assets) (Details) - 2-10 HBW Acquisition [Member] $ in Millions	12 Months Ended
	Dec. 31, 2024 USD ($)
Finite Lived and Indefinite Lived Intangible Assets by Major Class [Line Items]
Intangible assets	$ 309
Value of Business Acquired [Member]
Finite Lived and Indefinite Lived Intangible Assets by Major Class [Line Items]
Intangible assets	$ 148
Weighted Average Useful Lives (Years)	13 years
Home Warranty Customer Relationships [Member]
Finite Lived and Indefinite Lived Intangible Assets by Major Class [Line Items]
Intangible assets	$ 41
Weighted Average Useful Lives (Years)	7 years
Builder Relationships [Member]
Finite Lived and Indefinite Lived Intangible Assets by Major Class [Line Items]
Intangible assets	$ 73
Weighted Average Useful Lives (Years)	12 years
Developed Technology [Member]
Finite Lived and Indefinite Lived Intangible Assets by Major Class [Line Items]
Intangible assets	$ 16
Weighted Average Useful Lives (Years)	5 years
Other [Member]
Finite Lived and Indefinite Lived Intangible Assets by Major Class [Line Items]
Intangible assets	$ 31
Weighted Average Useful Lives (Years)	13 years

Goodwill and Intangible Asset_5

Goodwill and Intangible Assets (Schedule of Expected Amortization Expense for Intangible Assets) (Details) $ in Millions	Dec. 31, 2024 USD ($)
Goodwill and Intangible Assets [Abstract]
2025	$ 51
2026	42
2027	37
2028	34
2029	31
Total	$ 195

Leases (Narrative) (Details)

Leases (Narrative) (Details) - USD ($) $ in Millions		12 Months Ended
		Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Lessee, Lease, Description [Line Items]
Leases, Renewal Term		5 years
Lease payments	[1]	$ 28
2025	[1]	2
Operating lease, impairment loss			$ 10	$ 11
Operating lease expense		1	3	4
Scottsdale, Arizona [Member]
Lessee, Lease, Description [Line Items]
Tenant improvement allowances		$ 2
Operating lease, impairment loss			$ 5
Memphis, Tennessee [Member]
Lessee, Lease, Description [Line Items]
Operating lease, impairment loss				$ 11
Maximum [Member]
Lessee, Lease, Description [Line Items]
Operating lease, remaining lease term years		10 years
Minimum [Member]
Lessee, Lease, Description [Line Items]
Operating lease, remaining lease term years		3 years
[1] Amount is presented net of future sublease income totaling $ 2 million, which relates to the years ending December 31, 2025 and 2026 .

Leases (Weighted Average Remain

Leases (Weighted Average Remaining Lease Term and Discount Rate) (Details)	Dec. 31, 2024	Dec. 31, 2023
Leases [Abstract]
Weighted-average remaining lease term (years)	9 years	9 years
Weighted-average discount rate	6.50%	6.50%

Leases (Supplemental Statement

Leases (Supplemental Statement of Financial Position Information Related to Leases) (Details) - USD ($) $ in Millions	Dec. 31, 2024	Dec. 31, 2023
Leases [Abstract]
Other accrued liabilities	$ 2	$ 2
Operating Lease, Liability, Current, Statement of Financial Position [Extensible Enumeration]	Other Accrued Liabilities, Current	Other Accrued Liabilities, Current
Operating lease liabilities	$ 20	$ 16
Total operating lease liabilities	$ 22	$ 18

Leases (Supplemental Cash Flow

Leases (Supplemental Cash Flow Related to Leases) (Details) - USD ($) $ in Millions		12 Months Ended
		Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Leases [Abstract]
Cash paid on operating lease liabilities	[1]	$ 4	$ 4	$ 5
Right-of-use assets obtained in exchange for lease obligations		$ 7	$ 0	$ 3
[1] Amount is presented net of cash provided from sublease income.

Leases (Maturities of Lease Lia

Leases (Maturities of Lease Liabilities) (Details) $ in Millions	Dec. 31, 2024 USD ($)
Leases [Abstract]
2025	$ 2	[1]
2026	3	[1]
2027	4
2028	3
2029	3
Thereafter	13
Total future lease payments	28	[1]
Less imputed interest	(7)
Total operating lease liabilities	21	[1]
Projected annual sublease income	$ 2
[1] Amount is presented net of future sublease income totaling $ 2 million, which relates to the years ending December 31, 2025 and 2026 .

Income Taxes (Narrative) (Detai

Income Taxes (Narrative) (Details) - USD ($) $ in Millions	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Tax Credit Carryforward [Line Items]
Unrecognized tax benefits	$ 3	$ 5	$ 8
Maximum [Member]
Tax Credit Carryforward [Line Items]
Accrued interest and penalties	$ 1

Income Taxes (Reconciliation of

Income Taxes (Reconciliation of Unrecognized Tax Benefits) (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023
Reconciliation of the beginning and ending amount of gross unrecognized tax benefits
Balance at beginning of year	$ 5	$ 8
Decrease in tax positions for current year	(2)	(2)
Balance at ending on year	$ 3	$ 5

Income Taxes (Reconciliation _2

Income Taxes (Reconciliation of Effective Income Tax Rate) (Details)	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Reconciliation of income tax computed at the U.S. federal statutory tax rate to the entity's effective income tax rate for continuing operations
Tax at U.S. federal statutory rate (as a percent)	21%	21%	21%
State and local income taxes, net of U.S. federal benefit (as a percent)	2.60%	2.40%	0.70%
Other permanent items	0.80%	0.90%	(0.20%)
Stock-based compensation (as a percent)	0.30%	1.20%	2.20%
Goodwill impairment (as a percent)	0%	0%	2%
Tax credits (as a percent)	(0.70%)	(0.70%)	(3.20%)
Uncertain tax positions (as a percent)	0%	0.20%	1.30%
Effective rate (as a percent)	24.10%	25%	23.80%

Income Taxes (Income Tax Expens

Income Taxes (Income Tax Expense from Continuing Operations) (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Current:
U.S. federal	$ 63	$ 60	$ 28
State and local	10	10	4
Total current income taxes	74	70	32
Deferred:
U.S. federal	0	(11)	(7)
State and local	0	(3)	(2)
Total deferred income taxes	0	(13)	(10)
Provision for income taxes	$ 74	$ 57	$ 22

Income Taxes (Deferred Tax Bala

Income Taxes (Deferred Tax Balances) (Details) - USD ($) $ in Millions	Dec. 31, 2024	Dec. 31, 2023
Long-term deferred tax assets (liabilities):
Intangible assets	$ (115)	$ (45)
Unearned Revenue	38	0
Property and equipment	9	4
Deferred customer acquisition costs	(3)	(3)
Prepaid expenses and other assets	(2)	(2)
Operating lease right-of-use assets	(2)	(1)
Receivables allowances	1	1
Accrued liabilities	9	9
Other long-term liabilities	4	7
Operating lease liabilities	6	4
Deferred interest expense	5	(2)
Net operating loss and tax credit carryforwards	3	2
Valuation allowance	(2)	(1)
Net long-term deferred tax liabilities	$ (49)	$ (25)

Acquisition (Narrative) (Detail

Acquisition (Narrative) (Details) - 2-10 HBW Acquisition [Member] - USD ($) $ in Millions			12 Months Ended
	Dec. 31, 2024	Dec. 19, 2024	Dec. 31, 2024
Business Acquisition [Line Items]
Aggregate cash consideration		$ 585
Date of acquisition completion		Dec. 19, 2024
Revenue	$ 6
Net loss	$ (2)
Acquisition-related costs			$ 17

Acquisition - Summary Of Total

Acquisition - Summary Of Total Consideration (Details) - USD ($) $ in Millions		12 Months Ended
	Dec. 19, 2024	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Business Acquisition [Line Items]
Total purchase price consideration, net of cash acquired		$ 583	$ 0	$ 0
2-10 HBW Acquisition [Member]
Business Acquisition [Line Items]
Cash consideration paid	$ 425
Payment of 2-10 HBW indebtedness	157
Payment of 2-10 HBW transaction costs	15
Payment of escrow	10
Total purchase price consideration	607
Less: Acquired 2-10 HBW cash	(24)
Total purchase price consideration, net of cash acquired	$ 583

Acquisition (Summary of Conside

Acquisition (Summary of Consideration Paid and Identified Assets and Liabilities Assumed at Acquisition Date) (Details) - USD ($) $ in Millions	Dec. 31, 2024	Dec. 19, 2024	Dec. 31, 2023
Business Acquisition [Line Items]
Goodwill	$ 967		$ 503
2-10 HBW Acquisition [Member]
Business Acquisition [Line Items]
Cash and cash equivalents		$ 24
Marketable securities		15
Receivables		4
Prepaid expenses and other current assets		8
Property and equipment, net		6
Goodwill	$ 464	464
Intangible assets		309
Long-term marketable securities		39
Deferred reinsurance		66
Reinsurance recoverables		9
Accounts payable		(1)
Accrued liabilities:
Payroll and related expenses		(8)
Home warranty claims		(7)
Other		(6)
Deferred revenue		(29)
Deferred tax liabilities, net		(25)
Unearned insurance premium		(234)
Unpaid losses and loss adjustment reserves		(12)
Long-term deferred revenue		(12)
Other long-term liabilities		(1)
Total consideration paid		$ 607

Acquisition (Summary of Unaudit

Acquisition (Summary of Unaudited Pro Forma Financial Information) (Details) - 2-10 HBW Acquisition [Member] - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023
Business Acquisition [Line Items]
Revenue	$ 2,028	$ 1,967
Net Income	$ 194	$ 131

Restructuring Charges (Narrativ

Restructuring Charges (Narrative) (Details) - USD ($)	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Restructuring Cost and Reserve [Line Items]
Restructuring charges	$ 8,000,000	$ 16,000,000	$ 20,000,000
Restructuring charges, net of tax	6,000,000	12,000,000	15,000,000
Operating lease, impairment loss		10,000,000	11,000,000
Lease termination and other costs			1,000,000
Professional fees		2,000,000
Severance costs	7,000,000	3,000,000	6,000,000
Expenses related to exit of certain operating leases	$ 1,000,000
Severance cost related to reduction in workforce percentage	7%
Restructuring charges accrued	$ 4,000,000
Payments for restructuring charges	6,000,000	$ 7,000,000	5,000,000
Maximum [Member]
Restructuring Cost and Reserve [Line Items]
Restructuring charges accrued	$ 1,000,000
Workforce Reduction [Member]
Restructuring Cost and Reserve [Line Items]
Severance costs			2,000,000
Developed Technology [Member]
Restructuring Cost and Reserve [Line Items]
Impairment charges			$ 2,000,000

Commitments and Contingencies (

Commitments and Contingencies (Narrative) (Details)	12 Months Ended
	Dec. 31, 2024
Maximum [Member]
Loss Contingencies [Line Items]
Home service plan claims settlement, term	6 months
Minimum [Member]
Loss Contingencies [Line Items]
Home service plan claims settlement, term	3 months

Stock-Based Compensation (Narra

Stock-Based Compensation (Narrative) (Details) - USD ($)		12 Months Ended
	Mar. 21, 2019	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Stock-Based Compensation [Line Items]
Number of shares of common stock authorized		14,500,000
Number of shares of common stock remaining for future grant		8,761,706
Stock-based compensation expense		$ 26,000,000	$ 26,000,000	$ 22,000,000
Stock-based compensation expense, net of tax		20,000,000	$ 22,000,000	$ 19,000,000
Total unrecognized compensation costs related to non-vested stock options, restricted share units and performance shares		$ 35,000,000
Weighted-average period of recognition of stock-based compensation cost		2 years 21 days
Employee Stock Purchase Plan [Member]
Stock-Based Compensation [Line Items]
Number of shares of common stock authorized	1,250,000
Number of shares of common stock remaining for future grant		1,048,057
Maximum percentage of current fair market value eligible employees may purchase	15%
Number of shares of common stock offered		26,425	31,288	53,353
Stock Options [Member]
Stock-Based Compensation [Line Items]
Vesting period		4 years
Stock Options [Member] | Omnibus Incentive Plan [Member]
Stock-Based Compensation [Line Items]
Grants (in shares)		576,260	661,231	568,623
Granted (in dollars per share)		$ 31.94	$ 26.67	$ 28.64
Weighted-average grant-date fair value (in dollars per share)		$ 14.81	$ 12.49	$ 14.54
Forfeiture rate (as a percent)		15%
Stock Options [Member] | Omnibus Incentive Plan [Member] | Chief Executive Officer [Member]
Stock-Based Compensation [Line Items]
Forfeiture rate (as a percent)		0%
Restricted Stock Units [Member]
Stock-Based Compensation [Line Items]
Vesting period		3 years
Restricted Stock Units [Member] | Omnibus Incentive Plan [Member]
Stock-Based Compensation [Line Items]
Forfeiture rate (as a percent)		15%
Total intrinsic value of stock options exercised		$ 16,000,000	$ 13,000,000	$ 13,000,000
Granted (in shares)		812,939	920,369	1,146,733
Granted, Weighted Average Grant Date Fair Value (in dollars per share)		$ 32.16	$ 26.6	$ 28
Vested (in shares)		541,799
Forfeited (in shares)		245,921
Unvested (in shares)		1,311,392	1,286,173
Restricted Stock Units [Member] | Omnibus Incentive Plan [Member] | Chief Executive Officer [Member]
Stock-Based Compensation [Line Items]
Forfeiture rate (as a percent)		0%
Performance Options [Member]
Stock-Based Compensation [Line Items]
Forfeiture rate (as a percent)		15%
Total intrinsic value of stock options exercised		$ 3,000,000
Granted (in shares)		0	652,004	272,503
Granted, weighted-average exercise price			26.42	24.74
Granted, Weighted Average Grant Date Fair Value (in dollars per share)			$ 10.4	$ 11.5
Unvested (in shares)		645,194	767,144
Vesting period			9 months 18 days	1 year 7 months 6 days
Performance Options [Member] | Chief Executive Officer [Member]
Stock-Based Compensation [Line Items]
Forfeiture rate (as a percent)		0%
Performance Shares [Member]
Stock-Based Compensation [Line Items]
Forfeiture rate (as a percent)		15%
Granted (in shares)		217,527		285,801
Granted, Weighted Average Grant Date Fair Value (in dollars per share)		$ 31.95		$ 28.03
Total fair value of performance shares vested		$ 1,000,000
Vested (in shares)		17,591	0	0
Forfeited (in shares)		60,221
Unvested (in shares)		273,207	133,492
Vesting period		3 years
Performance Shares [Member] | Chief Executive Officer [Member]
Stock-Based Compensation [Line Items]
Forfeiture rate (as a percent)		0%
Maximum [Member] | Stock Options [Member] | Omnibus Incentive Plan [Member]
Stock-Based Compensation [Line Items]
Total intrinsic value of stock options exercised		$ 6,000,000	$ 1,000,000	$ 1,000,000

Stock-Based Compensation (Sched

Stock-Based Compensation (Schedule of Assumptions Used to Estimate Value of Each Option Award) (Details) - Employee Stock Option	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Assumptions used to estimate value of each option award
Expected volatility	40.50%	54.90%	50.70%
Expected dividend yield	0%	0%	0%
Expected life (in years)	6 years 1 month 6 days	6 years 1 month 6 days	6 years 1 month 6 days
Risk-free interest rate	4.21%	3.71%	2.38%

Stock-Based Compensation (Summa

Stock-Based Compensation (Summary of Option Activity under Omnibus Plan) (Details) - Omnibus Incentive Plan [Member] - Employee Stock Option - USD ($) $ / shares in Units, $ in Millions	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Number of Awards Granted
Outstanding at the beginning of the period (in shares)	1,327,338
Granted to employees (in shares)	576,260	661,231	568,623
Exercised (in shares)	(352,903)
Forfeited (in shares)	(186,124)
Expired (in shares)	(34,540)
Outstanding at the end of the period (in shares)	1,330,031	1,327,338
Exercisable at the end of the period (in shares)	518,157
Weighted Avg. Exercise Price
Outstanding at the beginning of the period (in dollars per share)	$ 31.97
Granted (in dollars per share)	31.94	$ 26.67	$ 28.64
Exercised (in dollars per share)	31.81
Forfeited (in dollars per share)	30.47
Expired (in dollars per share)	41.94
Outstanding at the end of the period (in dollars per share)	31.94	$ 31.97
Exercisable at the end of the period (in dollars per share)	$ 34.72
Outstanding, end of period	$ 30	$ 7
Exercisable, end of period	$ 10
Weighted Average Remaining Contractual Term (in years)
Outstanding at the end of the period	7 years 7 months 24 days	7 years 9 months 14 days
Exercisable at the end of the period	6 years 7 days

Stock-Based Compensation (Sum_2

Stock-Based Compensation (Summary of RSU Activity Under Omnibus Plan) (Details) - Omnibus Incentive Plan [Member] - Restricted Stock Units [Member] - $ / shares	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
RSUs
Outstanding at the beginning of the period (in shares)	1,286,173
Granted (in shares)	812,939	920,369	1,146,733
Vested (in shares)	(541,799)
Forfeited (in shares)	(245,921)
Outstanding at the end of the period (in shares)	1,311,392	1,286,173
Weighted Average Grant Date Fair Value
Outstanding at the beginning of the period (in dollars per share)	$ 28.06
Granted, Weighted Average Grant Date Fair Value (in dollars per share)	32.16	$ 26.6	$ 28
Vested (in dollars per share)	29.67
Forfeited (in dollars per share)	29.47
Outstanding at the end of the period (in dollars per share)	$ 29.68	$ 28.06

Stock-Based Compensation (Sum_3

Stock-Based Compensation (Summary of Performance Activity under Omnibus Plan) (Details) - $ / shares	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Performance Options [Member]
Performance Shares
Outstanding at the beginning of the period (in shares)	767,144
Granted to executives (in shares)	0	652,004	272,503
Exercised (in shares)	(121,950)
Outstanding at the end of the period (in shares)	645,194	767,144
Weighted Average Grant Date Fair Value
Outstanding at the beginning of the period (in dollars per share)	$ 10.65
Granted to executives (in dollars per share)		$ 10.4	$ 11.5
Exercised (in dollars per share)	10.46
Outstanding at the end of the period (in dollars per share)	$ 10.69	$ 10.65
Performance Shares [Member]
Performance Shares
Outstanding at the beginning of the period (in shares)	133,492
Granted to executives (in shares)	217,527		285,801
Vested (in shares)	(17,591)	0	0
Forfeited (in shares)	(60,221)
Outstanding at the end of the period (in shares)	273,207	133,492
Weighted Average Grant Date Fair Value
Outstanding at the beginning of the period (in dollars per share)	$ 33.01
Granted to executives (in dollars per share)	31.95		$ 28.03
Vested (in dollars per share)	51.07
Forfeited (in dollars per share)	31.95
Outstanding at the end of the period (in dollars per share)	$ 30.49	$ 33.01

Employee Benefit Plans (Narrati

Employee Benefit Plans (Narrative) (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Employee Benefit Plans [Abstract]
Discretionary contributions to qualified profit sharing and non qualified deferred compensation plan	$ 5	$ 4	$ 4

Long-Term Debt (Schedule of Lon

Long-Term Debt (Schedule of Long-Term Debt) (Details) - USD ($) $ in Millions		Dec. 31, 2024	Dec. 31, 2023
Long-term debt [Line Items]
Long-term debt		$ 1,199	$ 593
Less current portion		(29)	(17)
Total long-term debt		1,170	577
Unamortized original issue discount		2
Term Loan A Maturing In 2029 [Member] | Loans Payable [Member]
Long-term debt [Line Items]
Long-term debt	[1]	412	0
Unamortized debt issuance costs		6
Term Loan B Maturing In 2031 [Member] | Loans Payable [Member]
Long-term debt [Line Items]
Long-term debt	[2]	788	0
Unamortized debt issuance costs		10
Unamortized original issue discount		2
Revolving Credit Facility Maturing In 2029 [Member]
Long-term debt [Line Items]
Long-term debt		0	0
Prior Term Loan A Maturing In 2026 [Member] | Loans Payable [Member]
Long-term debt [Line Items]
Long-term debt	[3]	0	226
Unamortized debt issuance costs			1
Prior Term Loan B Maturing In 2028 [Member] | Loans Payable [Member]
Long-term debt [Line Items]
Long-term debt	[4]	0	367
Unamortized debt issuance costs			2
Unamortized original issue discount			1
Revolving Credit Facility Maturing In 2026 [Member]
Long-term debt [Line Items]
Long-term debt		$ 0	$ 0
[1] Term Loan A maturing in 2029 is presented net of unamortized debt issuance costs of $ 6 million as of December 31, 2024 . Term Loan B maturing in 2031 is presented net of unamortized debt issuance costs of $ 10 million as of December 31, 2024 and unamortized discount of $ 2 million as of December 31, 2024 . Term Loan A maturing in 2026 is presented net of unamortized debt issuance costs of $ 1 million as of December 31, 2023 . Term Loan B maturing in 2028 is presented net of unamortized debt issuance costs of $ 2 million as of December 31, 2023 and unamortized discount of $ 1 million as of December 31, 2023 .

Long-Term Debt (Narrative) (Det

Long-Term Debt (Narrative) (Details) - USD ($) $ in Millions			12 Months Ended
	Dec. 19, 2024	Oct. 24, 2018	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022	Aug. 31, 2025	Jun. 17, 2021
Debt Instrument [Line Items]
Available borrowing capacity			$ 248
Loss on extinguishment of debt			(3)	$ 0	$ 0
Letter of Credit [Member]
Debt Instrument [Line Items]
Line of Credit Facility, Amount Outstanding			2
Credit Facilities [Member]
Debt Instrument [Line Items]
Write-off of unamortized debt issuance costs			3
Loss on extinguishment of debt			$ (3)
Credit Facilities [Member] | Maximum [Member] | Alternative Base Rate [Member]
Debt Instrument [Line Items]
Borrowing margin (as a percent)			1%
Credit Facilities [Member] | Maximum [Member] | SOFR [Member]
Debt Instrument [Line Items]
Borrowing margin (as a percent)			2%
Credit Facilities [Member] | Minimum [Member] | Alternative Base Rate [Member]
Debt Instrument [Line Items]
Borrowing margin (as a percent)			0.50%
Credit Facilities [Member] | Minimum [Member] | SOFR [Member]
Debt Instrument [Line Items]
Borrowing margin (as a percent)			1.50%
Term Loan A Maturing In 2026 [Member]
Debt Instrument [Line Items]
Cost of debt purchased			$ 218
Facility maturity date			Jun. 17, 2026
Maximum borrowing capacity							$ 260
Term Loan B Maturing In 2028 [Member]
Debt Instrument [Line Items]
Cost of debt purchased			$ 368
Facility maturity date			Jun. 17, 2028
Maximum borrowing capacity							380
Term Loan B Maturing In 2028 [Member] | Alternative Base Rate [Member]
Debt Instrument [Line Items]
Borrowing margin (as a percent)				1.25%
Term Loan B Maturing In 2028 [Member] | SOFR [Member]
Debt Instrument [Line Items]
Borrowing margin (as a percent)				2.25%
Term Loan A Maturing In 2029 [Member]
Debt Instrument [Line Items]
Facility maturity date			Dec. 19, 2029
Maximum borrowing capacity	$ 418
Term Loan B Maturing In 2031 [Member]
Debt Instrument [Line Items]
Facility maturity date			Dec. 19, 2031
Maximum borrowing capacity	800
Revolving Credit Facility Maturing In 2029 [Member]
Debt Instrument [Line Items]
Facility maturity date			Dec. 19, 2029
Maximum borrowing capacity	250
Term Loan A [Member]
Debt Instrument [Line Items]
Percentage of principal amount paid for quarterly installment payments			5%
Term Loan B [Member]
Debt Instrument [Line Items]
Percentage of principal amount paid for quarterly installment payments			1%
Revolving Credit Facility Maturing In 2026 [Member]
Debt Instrument [Line Items]
Facility maturity date			Jun. 17, 2026
Maximum borrowing capacity							$ 250
Line of Credit Facility, Amount Outstanding	$ 2
Interest rate swap contracts
Debt Instrument [Line Items]
Notional amount		$ 350	$ 299
Weighted Average Fixed Rate (as a percent)	4.14%	3.028%
Derivative, Basis Spread on Variable Rate	2.25%	2.25%
Derivative, basis spread floor percent	0%	0%
Interest rate swap contracts | Forecast [Member]
Debt Instrument [Line Items]
Notional amount						$ 350

Long-Term Debt (Scheduled Debt

Long-Term Debt (Scheduled Debt Payments) (Details) - USD ($) $ in Millions	Dec. 31, 2024	Dec. 31, 2023
Long-Term Debt [Abstract]
2025	$ 29
2026	29
2027	29
2028	29
2029	342
Thereafter	760
Total future scheduled debt payments	1,218
Less unamortized debt issuance costs	(17)
Less unamortized discount	(2)
Long-term debt	$ 1,199	$ 593

Segments (Narrative) (Details)

Segments (Narrative) (Details)	12 Months Ended
	Dec. 31, 2024 Segment
Segment Reporting [Abstract]
Number of operating segment	1
Number of reportable segment	1

Segments - Schedule of Operatio

Segments - Schedule of Operations Information of Operating Segment (Details) - USD ($) $ in Millions		12 Months Ended
		Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Segment Reporting Information [Line Items]
Revenue		$ 1,843	$ 1,780	$ 1,662
Cost of services rendered		852	895	952
Sales and marketing costs		307	299	253
Customer service costs		104	106	112
General and administrative costs		201	176	157
Other segment items	[1]	145	133	117
Net Income		235	171	71
Total Assets		$ 2,107	$ 1,089	$ 1,082
[1] Other segment items include depreciation and amortization expense, goodwill and intangible impairment, restructuring charges, interest expense, interest and net investment income, loss on extinguishment of debt and provision for income taxes.

Supplemental Cash Flow Inform_3

Supplemental Cash Flow Information (Schedule of Supplemental Information Relating to the Accompanying Condensed Consolidated Statements of Cash Flows) (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Cash paid for (received from):
Interest expense	$ 39	$ 38	$ 29
Interest income	(19)	(16)	(3)
Income tax payments, net of refunds	$ 82	$ 72	$ 26

Cash and Marketable Securitie_2

Cash and Marketable Securities (Narrative) (Details) - USD ($)	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Marketable Securities [Line Items]
Unrealized losses in loss position for more than one year	$ 0
Impairment charges due to other than temporary declines in value of certain investments	$ 0	$ 0	$ 0
Maximum [Member]
Marketable Securities [Line Items]
Marketable Securities		$ 1,000,000

Cash and Marketable Securitie_3

Cash and Marketable Securities (Summary Of Amortized Cost Fair Value And Gross Unrealized Gains And Losses Of Marketable Securities) (Details) $ in Millions	Dec. 31, 2024 USD ($)
Debt Securities, Available-for-Sale [Line Items]
Total Amortized Cost	$ 53
Gross Unrealized Gain	0
Gross Unrealized Losses	0
Fair Value	53
Certificates of deposit
Debt Securities, Available-for-Sale [Line Items]
Total Amortized Cost	12
Gross Unrealized Gain	0
Gross Unrealized Losses	0
Fair Value	12
Corporate bonds
Debt Securities, Available-for-Sale [Line Items]
Total Amortized Cost	14
Gross Unrealized Gain	0
Gross Unrealized Losses	0
Fair Value	14
Mortgage-backed securities
Debt Securities, Available-for-Sale [Line Items]
Total Amortized Cost	12
Gross Unrealized Gain	0
Gross Unrealized Losses	0
Fair Value	12
U.S. government and municipal obligations
Debt Securities, Available-for-Sale [Line Items]
Total Amortized Cost	14
Gross Unrealized Gain	0
Gross Unrealized Losses	0
Fair Value	$ 14

Cash and Marketable Securitie_4

Cash and Marketable Securities (Summary Of Amortized Cost Fair Value And Gross Unrealized Gains And Losses Of Marketable Securities By Contractual Maturity) (Details) $ in Millions	Dec. 31, 2024 USD ($)
Amortized Cost
One year or less	$ 15
After one year through five years	16
After five years through ten years	8
After ten years	2
Mortgage-backed securities	12
Total Amortized Cost	53
Fair Value
One year or less	15
After one year through five years	16
After five years through ten years	8
After ten years	2
Mortgage-backed securities	12
Total Fair Value	$ 53

Comprehensive Income (Loss) (Su

Comprehensive Income (Loss) (Summary of the Activity in AOCI, Net of the Related Tax Effects) (Details) - USD ($) $ in Millions		12 Months Ended
		Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Accumulated Other Comprehensive Income (Loss) [Line Items]
Balance at beginning of period		$ 6
Other comprehensive income (loss) before reclassifications:
Net current period other comprehensive income (loss)		(6)	$ (3)	$ 27
Balance at end of period		0	6
Unrealized Gain (Loss) On Derivatives [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Balance at beginning of period		6	8
Other comprehensive income (loss) before reclassifications:
Pre-tax amount		0	4
Tax provision (benefit)		0	1
After-tax amount		0	3
Amounts reclassified from AOCI	[1]	(6)	(5)
Net current period other comprehensive income (loss)		(6)	(3)
Balance at end of period		$ 0	$ 6	$ 8
[1] Amounts are net of income taxes. See the table below on reclassifications out of AOCI for additional information.

Comprehensive Income (Loss) (Sc

Comprehensive Income (Loss) (Schedule of Reclassifications Out of Accumulated Other Comprehensive Income (Loss)) (Details) - USD ($) $ in Millions		12 Months Ended
		Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Interest expense		$ (40)	$ (40)	$ (31)
Provision for income taxes		(74)	(57)	(22)
Net Income		235	171	71
Unrealized Gain (Loss) On Derivatives [Member] | Amount Reclassified From Accumulated Other Comprehensive Income (Loss) [Member]
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Interest expense	[1]	8	7	(5)
Provision for income taxes	[2]	(2)	(2)	1
Net Income		$ 6	$ 5	$ (4)
[1] Included in interest expense in the accompanying consolidated statements of operations and comprehensive income. Included in provision for income taxes in the accompanying consolidated statements of operations and comprehensive income.

Derivative Financial Instrume_2

Derivative Financial Instruments (Narrative) (Details) $ in Millions	12 Months Ended
	Dec. 31, 2024 USD ($)
Derivative Financial Instruments [Abstract]
Hedging loss in accumulated other comprehensive income expected to be recognized in earnings, net of tax	$ 2

Fair Value Measurements (Narrat

Fair Value Measurements (Narrative) (Details) - USD ($)	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023
Fair Value Measurements [Abstract]
Long-term Debt	$ 1,199,000,000	$ 593,000,000
Fair value of long-term debt	1,211,000,000	$ 598,000,000
Transfers between levels during period	$ 0

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) - Recurring [Member] - USD ($) $ in Millions	Dec. 31, 2024	Dec. 31, 2023
Carrying Value [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total assets	$ 56	$ 7
Total liabilities	3
Carrying Value [Member] | Marketable Securities [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total assets	15
Carrying Value [Member] | Prepaid Expenses And Other Current Assets [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total assets		5
Carrying Value [Member] | Other Assets [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total assets	3	2
Carrying Value [Member] | Long-term marketable securities [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total assets	38
Carrying Value [Member] | Other long-term liabilities [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total liabilities	3
Estimated Fair Value [Member] | Quoted Prices in Active Markets (Level 1) [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total assets	8	0
Total liabilities	0
Estimated Fair Value [Member] | Quoted Prices in Active Markets (Level 1) [Member] | Marketable Securities [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total assets	6
Estimated Fair Value [Member] | Quoted Prices in Active Markets (Level 1) [Member] | Prepaid Expenses And Other Current Assets [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total assets		0
Estimated Fair Value [Member] | Quoted Prices in Active Markets (Level 1) [Member] | Other Assets [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total assets	0	0
Estimated Fair Value [Member] | Quoted Prices in Active Markets (Level 1) [Member] | Long-term marketable securities [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total assets	2
Estimated Fair Value [Member] | Quoted Prices in Active Markets (Level 1) [Member] | Other long-term liabilities [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total liabilities	0
Estimated Fair Value [Member] | Significant Other Observable Inputs (Level 2) [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total assets	48	7
Total liabilities	3
Estimated Fair Value [Member] | Significant Other Observable Inputs (Level 2) [Member] | Marketable Securities [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total assets	9
Estimated Fair Value [Member] | Significant Other Observable Inputs (Level 2) [Member] | Prepaid Expenses And Other Current Assets [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total assets		5
Estimated Fair Value [Member] | Significant Other Observable Inputs (Level 2) [Member] | Other Assets [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total assets	3	2
Estimated Fair Value [Member] | Significant Other Observable Inputs (Level 2) [Member] | Long-term marketable securities [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total assets	36
Estimated Fair Value [Member] | Significant Other Observable Inputs (Level 2) [Member] | Other long-term liabilities [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total liabilities	3
Estimated Fair Value [Member] | Significant Unobservable Inputs (Level 3) [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total assets	0	0
Total liabilities	0
Estimated Fair Value [Member] | Significant Unobservable Inputs (Level 3) [Member] | Marketable Securities [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total assets	0
Estimated Fair Value [Member] | Significant Unobservable Inputs (Level 3) [Member] | Prepaid Expenses And Other Current Assets [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total assets		0
Estimated Fair Value [Member] | Significant Unobservable Inputs (Level 3) [Member] | Other Assets [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total assets	0	$ 0
Estimated Fair Value [Member] | Significant Unobservable Inputs (Level 3) [Member] | Long-term marketable securities [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total assets	0
Estimated Fair Value [Member] | Significant Unobservable Inputs (Level 3) [Member] | Other long-term liabilities [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total liabilities	$ 0

Capital Stock (Narrative) (Deta

Capital Stock (Narrative) (Details) - shares	Dec. 31, 2024	Dec. 31, 2023
Capital Stock [Abstract]
Common stock registered for offering and sale	2,000,000,000	2,000,000,000
Common stock, shares issued (in shares)	87,434,468	86,553,387
Shares of common stock outstanding	75,314,243	78,378,511

Share Repurchase Program (Narra

Share Repurchase Program (Narrative) (Details) - USD ($) $ in Millions		5 Months Ended	12 Months Ended			36 Months Ended
	Jul. 26, 2024	Dec. 31, 2024	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022	Sep. 03, 2024
Equity, Class of Treasury Stock [Line Items]
Number of shares purchased			3,945,349	3,604,625	1,917,350
Cost of share purchased			$ 161	$ 121	$ 59
July 26, 2024 Share Repurchase Authorization
Equity, Class of Treasury Stock [Line Items]
Repurchase authorized amount	$ 650
Repurchase authorized period	3 years
Number of shares purchased		709,077
Cost of share purchased		$ 41
September 7, 2021 Share Repurchase Authorization
Equity, Class of Treasury Stock [Line Items]
Repurchase authorized amount	$ 400
Number of shares purchased						11,319,091
Cost of share purchased						$ 400

Share Repurchase Program (Repur

Share Repurchase Program (Repurchase of Outstanding Shares) (Details) - USD ($) $ / shares in Units, $ in Millions		12 Months Ended
		Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Share Repurchase Program [Abstract]
Number of shares purchased		3,945,349	3,604,625	1,917,350
Average price paid per share	[1]	$ 40.43	$ 33.29	$ 30.51
Cost of share purchased	[1]	$ 160	$ 120	$ 59
Treasury stock acquired, trade fees and commissions costs		$ 2	$ 1	$ 1
[1] The average price paid per share and the cost of shares purchased are calculated on a trade date basis and exclude associated commissions and taxes of $ 2 million, $ 1 million and less than $ 1 million for the years ended December 31, 2024, 2023 and 2022, respectively .

Earnings Per Share (Schedule of

Earnings Per Share (Schedule of Basic and Diluted Earnings Per Share) (Details) - USD ($) $ / shares in Units, $ in Millions		12 Months Ended
		Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Net income		$ 235	$ 171	$ 71
Weighted-average common shares outstanding		77,000,000	80,500,000	81,800,000
Weighted-average common shares outstanding - assuming dilution		78,000,000	80,900,000	82,000,000
Basic earnings per share (in dollars per share)		$ 3.05	$ 2.13	$ 0.87
Diluted earnings per share (in dollars per share)		$ 3.01	$ 2.12	$ 0.87
Restricted Stock Units [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Effect of dilutive securities	[1]	600,000	300,000	100,000
Antidilutive securities excluded from computation of diluted earnings per share (in shares)		384,580	507,005	769,704
Stock Options [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Effect of dilutive securities	[2]	200,000	0	0
Antidilutive securities excluded from computation of diluted earnings per share (in shares)		657,029	1,276,776	1,357,963
Performance Options [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Effect of dilutive securities	[3]	200,000	0	0
Antidilutive securities excluded from computation of diluted earnings per share (in shares)		0	646,230	159,769
[1] RSUs of 384,580 shares, 507,005 shares and 769,704 shares for the years ended December 31, 2024, 2023 and 2022 , respectively, were not included in the diluted earnings per share calculation because their effect would have been anti-dilutive. Stock options to purchase 657,029 shares, 1,276,776 shares and 1,357,963 shares for the years ended December 31, 2024, 2023 and 2022 , respectively, were not included in the diluted earnings per share calculation because their effect would have been anti-dilutive. Performance options to purchase 646,230 shares and 159,769 shares for the years ended December 31, 2023 and 2022, respectively, were not included in the diluted earnings per share calculation because their effect would have been anti-dilutive. There were no anti-dilutive performance options for the year ended December 31, 2024 .

Schedule I Frontdoor, Inc Paren

Schedule I Frontdoor, Inc Parent Company Only (Condensed Statements of Operations and Comprehensive Income) (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Condensed Income Statements, Captions [Line Items]
Revenue	$ 1,843	$ 1,780	$ 1,662
Selling and administrative expenses	612	581	521
Interest expense	40	40	31
Interest and net investment income	(20)	(16)	(4)
Loss on extinguishment of debt	3	0	0
Income before Income Taxes	309	229	93
Provision for income taxes	74	57	22
Net Income	235	171	71
Total Other Comprehensive (Loss) Income, Net of Income Taxes	(6)	(3)	27
Comprehensive Income	229	169	98
Parent Company [Member]
Condensed Income Statements, Captions [Line Items]
Revenue	0	0	0
Selling and administrative expenses	17	0	0
Interest expense	40	40	31
Interest and net investment income	(4)	(4)	0
Loss on extinguishment of debt	3	0	0
Income before Income Taxes	(56)	(35)	(31)
Provision for income taxes	1	2	1
Net Loss from Operations	(57)	(38)	(32)
Equity in earnings of subsidiaries (net of tax)	292	209	104
Net Income	235	171	71
Unrealized (loss) gain on derivative instruments, net of income taxes	(6)	(3)	27
Total Other Comprehensive (Loss) Income, Net of Income Taxes	(6)	(3)	27
Comprehensive Income	$ 229	$ 169	$ 98

Schedule I Frontdoor, Inc Par_2

Schedule I Frontdoor, Inc Parent Company Only (Condensed Balance Sheets) (Details) - USD ($) $ in Millions	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Condensed Balance Sheet Statements, Captions [Line Items]
Cash and cash equivalents	$ 421	$ 325
Prepaid expenses and other current assets	42	32
Total Current Assets	488	363
Other assets	2	5
Total Assets	2,107	1,089	$ 1,082
Accrued liabilities:
Other accrued liabilities	28	22
Current portion of long-term debt	29	17
Total Current Liabilities	369	331
Long-Term Debt	1,170	577
Deferred tax liabilities, net	49	25
Other long-term liabilities	4	5
Total Other Long-Term liabilities	329	46
Stockholders' Equity	239	136	61	$ 2
Total Liabilities and Shareholders' Equity	2,107	1,089
Parent Company [Member]
Condensed Balance Sheet Statements, Captions [Line Items]
Cash and cash equivalents	11	39	$ 1	$ 2
Prepaid expenses and other current assets	4	5
Total Current Assets	15	44
Investments in subsidiaries	1,772	874
Other assets	2	3
Total Assets	1,790	921
Accrued liabilities:
Other accrued liabilities	9	11
Current portion of long-term debt	29	17
Total Current Liabilities	38	28
Long-Term Debt	1,170	577
Due to Subsidiaries	339	178
Deferred tax liabilities, net	0	2
Other long-term liabilities	4	2
Total Other Long-Term liabilities	4	3
Stockholders' Equity	239	136
Total Liabilities and Shareholders' Equity	$ 1,790	$ 921

Schedule I Frontdoor, Inc Par_3

Schedule I Frontdoor, Inc Parent Company Only (Condensed Statements of Cash Flows) (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Condensed Cash Flow Statements, Captions [Line Items]
Cash and Cash Equivalents at Beginning of Period	$ 325
Net Cash Used for Operating Activities	270	$ 202	$ 142
Cash Flows from Investing Activities:
Business acquisitions, net of cash acquired	(583)	0	0
Net Cash Used for Investing Activities	(622)	(32)	(35)
Cash Flows from Financing Activities:
Borrowings of debt, net of discount	1,216	0	0
Debt issuance costs paid	(18)	0	0
Repurchases of common stock	(161)	(121)	(59)
Other financing activities	9	1	(2)
Net Cash Provided from (Used for) Financing Activities	447	(137)	(77)
Cash Increase During the Period	96	34	29
Cash and Cash Equivalents at End of Period	421	325
Parent Company [Member]
Condensed Cash Flow Statements, Captions [Line Items]
Cash and Cash Equivalents at Beginning of Period	39	1	2
Net Cash Used for Operating Activities	(56)	(42)	(25)
Cash Flows from Investing Activities:
Business acquisitions, net of cash acquired	(583)	0	0
Net Cash Used for Investing Activities	(583)	0	0
Cash Flows from Financing Activities:
Borrowings of debt, net of discount	1,216	0	0
Repayments of debt	(598)	(17)	(17)
Debt issuance costs paid	(18)	0	0
Net transfers from Parent Company	164	216	102
Repurchases of common stock	(161)	(121)	(59)
Other financing activities	9	1	(2)
Net Cash Provided from (Used for) Financing Activities	611	80	24
Cash Increase During the Period	(28)	38	(1)
Cash and Cash Equivalents at End of Period	$ 11	$ 39	$ 1

Schedule I Frontdoor, Inc Par_4

Schedule I Frontdoor, Inc Parent Company Only (Notes to Parent Only) (Details) - USD ($)				5 Months Ended	12 Months Ended			36 Months Ended
	Dec. 19, 2024	Sep. 03, 2024	Jul. 26, 2024	Dec. 31, 2024	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022	Sep. 03, 2024	Jun. 17, 2021
Condensed Financial Statements, Captions [Line Items]
Loss on extinguishment of debt					$ (3,000,000)	$ 0	$ 0
Number of shares purchased					3,945,349	3,604,625	1,917,350
Cost of share purchased					$ 161,000,000	$ 121,000,000	$ 59,000,000
2-10 HBW Acquisition [Member]
Condensed Financial Statements, Captions [Line Items]
Date of acquisition completion	Dec. 19, 2024
Aggregate cash consideration	$ 585,000,000
September 7, 2021 Share Repurchase Authorization
Condensed Financial Statements, Captions [Line Items]
Repurchase authorized amount			$ 400,000,000
Number of shares purchased								11,319,091
Cost of share purchased								$ 400,000,000
July 26, 2024 Share Repurchase Authorization
Condensed Financial Statements, Captions [Line Items]
Repurchase authorized amount			$ 650,000,000
Number of shares purchased				709,077
Cost of share purchased				$ 41,000,000
Repurchase authorized period			3 years
Parent Company [Member]
Condensed Financial Statements, Captions [Line Items]
Threshold For Restricted Net Assets Of Subsidiaries					25%
Loss on extinguishment of debt					$ (3,000,000)	0	0
Settlement of amounts due To subsidiaries					0	(605,000,000)	0
Dividend from subsidiaries					0	$ 605,000,000	$ 0
Parent Company [Member] | 2-10 HBW Acquisition [Member]
Condensed Financial Statements, Captions [Line Items]
Date of acquisition completion	Dec. 19, 2024
Aggregate cash consideration	$ 585,000,000
Parent Company [Member] | September 7, 2021 Share Repurchase Authorization
Condensed Financial Statements, Captions [Line Items]
Repurchase authorized amount			$ 400,000,000
Number of shares purchased		11,319,091
Cost of share purchased		$ 400,000,000
Parent Company [Member] | July 26, 2024 Share Repurchase Authorization
Condensed Financial Statements, Captions [Line Items]
Repurchase authorized amount			$ 650,000,000
Number of shares purchased				709,077
Cost of share purchased				$ 41,000,000
Repurchase authorized period			3 years
Credit Facilities [Member]
Condensed Financial Statements, Captions [Line Items]
Loss on extinguishment of debt					(3,000,000)
Write-off of unamortized debt issuance costs					3,000,000
Credit Facilities [Member] | Parent Company [Member]
Condensed Financial Statements, Captions [Line Items]
Loss on extinguishment of debt					(3,000,000)
Write-off of unamortized debt issuance costs					$ 3,000,000
Prior Term Loan A Maturing In 2026 [Member]
Condensed Financial Statements, Captions [Line Items]
Maximum borrowing capacity									$ 260,000,000
Facility maturity date					Jun. 17, 2026
Cost of debt purchased					$ 218,000,000
Prior Term Loan A Maturing In 2026 [Member] | Parent Company [Member]
Condensed Financial Statements, Captions [Line Items]
Maximum borrowing capacity									260,000,000
Facility maturity date					Jun. 17, 2026
Cost of debt purchased					$ 218,000,000
Prior Term Loan B Maturing In 2028 [Member]
Condensed Financial Statements, Captions [Line Items]
Maximum borrowing capacity									380,000,000
Facility maturity date					Jun. 17, 2028
Cost of debt purchased					$ 368,000,000
Prior Term Loan B Maturing In 2028 [Member] | Parent Company [Member]
Condensed Financial Statements, Captions [Line Items]
Maximum borrowing capacity									380,000,000
Facility maturity date					Jun. 17, 2028
Cost of debt purchased					$ 368,000,000
Prior Revolving Credit Facility Maturing In 2026 [Member]
Condensed Financial Statements, Captions [Line Items]
Maximum borrowing capacity									250,000,000
Facility maturity date					Jun. 17, 2026
Line of Credit Facility, Amount Outstanding	2,000,000
Prior Revolving Credit Facility Maturing In 2026 [Member] | Parent Company [Member]
Condensed Financial Statements, Captions [Line Items]
Maximum borrowing capacity									$ 250,000,000
Facility maturity date					Jun. 17, 2026
Line of Credit Facility, Amount Outstanding	0
Amended Term Loan A Maturing In 2029 [Member]
Condensed Financial Statements, Captions [Line Items]
Maximum borrowing capacity	418,000,000
Facility maturity date					Dec. 19, 2029
Amended Term Loan A Maturing In 2029 [Member] | Parent Company [Member]
Condensed Financial Statements, Captions [Line Items]
Maximum borrowing capacity	418,000,000
Facility maturity date					Dec. 31, 2029
Amended Term Loan B Maturing In 2031 [Member]
Condensed Financial Statements, Captions [Line Items]
Maximum borrowing capacity	800,000,000
Facility maturity date					Dec. 19, 2031
Amended Term Loan B Maturing In 2031 [Member] | Parent Company [Member]
Condensed Financial Statements, Captions [Line Items]
Maximum borrowing capacity	800,000,000
Facility maturity date					Dec. 31, 2031
Amended Revolving Credit Facility Maturing In 2029 [Member]
Condensed Financial Statements, Captions [Line Items]
Maximum borrowing capacity	250,000,000
Facility maturity date					Dec. 19, 2029
Amended Revolving Credit Facility Maturing In 2029 [Member] | Parent Company [Member]
Condensed Financial Statements, Captions [Line Items]
Maximum borrowing capacity	$ 250,000,000
Facility maturity date					Dec. 31, 2029

Schedule II Valuation and Qua_2

Schedule II Valuation and Qualifying Accounts (Details) - USD ($) $ in Millions		12 Months Ended
		Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Allowance for doubtful accounts, Accounts receivable
Allowance for doubtful accounts
Balance at Beginning of Period		$ 5	$ 4	$ 4
Additions Charged to Costs and Expenses		20	22	19
Deductions	[1]	21	21	18
Balance at End of Period		4	5	4
Allowance for doubtful accounts ,Income tax valuation allowance
Allowance for doubtful accounts
Balance at Beginning of Period		1		1
Additions Charged to Costs and Expenses			1
Deductions	[1]			$ 1
Balance at End of Period		$ 1	$ 1
[1] Deductions to the allowance for doubtful accounts for accounts receivable reflect write-offs of uncollectible accounts. Deductions to the income tax valuation allowance are primarily attributable to the reduction in net operating loss carryforwards and other deferred tax assets related to the uncertainty of future taxable income in certain jurisdictions.