Frontdoor (FTDR) 10-Q 6 Nov 19 2019 Q3 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	9 Months Ended
	Sep. 30, 2019	Nov. 01, 2019
Document and Entity Information [Abstract]
Entity Registrant Name	frontdoor, inc.
Entity Central Index Key	0001727263
Document Type	10-Q
Document Period End Date	Sep. 30, 2019
Amendment Flag	false
Document Quarterly Report	true
Document Transition Report	false
Entity Incorporation, State or Country Code	DE
Current Fiscal Year End Date	--12-31
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Non-accelerated Filer
Entity Common Stock, Shares Outstanding		84,663,282
Document Fiscal Year Focus	2019
Document Fiscal Period Focus	Q3
Title of 12(b) Security	Common stock, par value $0.01 per share
Trading Symbol	FTDR
Security Exchange Name	NASDAQ
Entity Small Business	false
Entity Emerging Growth Company	false
Entity Shell Company	false
Entity Address, Address Line One	150 Peabody Place
Entity Address, City or Town	Memphis
Entity Address, State or Province	TN
Entity Address, Postal Zip Code	38103
Entity File Number	001-36507
Entity Tax Identification Number	82-3871179
City Area Code	901
Local Phone Number	701-5002

Condensed Consolidated and Comb

Condensed Consolidated and Combined Statements of Operations and Comprehensive Income - USD ($) shares in Millions, $ in Millions		3 Months Ended		9 Months Ended
		Sep. 30, 2019	Sep. 30, 2018	Sep. 30, 2019	Sep. 30, 2018
Condensed Consolidated and Combined Statements of Operations and Comprehensive Income [Abstract]
Revenue		$ 407	$ 377	$ 1,065	$ 979
Cost of services rendered		201	202	526	532
Gross Profit		206	176	539	448
Selling and administrative expenses		104	90	297	259
Depreciation and amortization expense		6	5	18	14
Restructuring charges		0	0	0	3
Spin-off charges		0	8	1	23
Affiliate royalty expense		0	1	0	1
Interest expense		16	7	47	7
Interest income from affiliate		0	0	0	(2)
Interest and net investment income		(2)	0	(5)	(1)
Income before Income Taxes		82	65	180	143
Provision for income taxes		21	16	46	36
Net Income		61	49	134	108
Other Comprehensive Income (Loss), Net of Income Taxes:
Net unrealized gain on securities		0	0	0	0
Net unrealized loss on derivative instruments		(3)	0	(16)	0
Other Comprehensive Loss, Net of Income Taxes:		(3)	0	(15)	0
Total Comprehensive Income		$ 57	$ 49	$ 119	$ 108
Earnings per Share:
Basic		$ 0.72	$ 0.58	$ 1.59	$ 1.28
Diluted		$ 0.72	$ 0.58	$ 1.58	$ 1.28
Weighted-average Common Shares Outstanding:
Basic	[1]	84.7	84.5	84.6	84.5
Diluted		84.9	84.5	84.8	84.5
[1]	For the three and nine months ended September 30, 2018, earnings per share was calculated based on the 84,515,619 shares of Frontdoor stock that were outstanding at the date of the Spin-off.

Condensed Consolidated Statemen

Condensed Consolidated Statements of Financial Position - USD ($) $ in Millions	Sep. 30, 2019	Dec. 31, 2018
Current Assets:
Cash and cash equivalents	$ 425	$ 296
Marketable securities	7	9
Receivables, less allowance of $2 in each period	8	12
Contract asset	37	0
Prepaid expenses and other assets	12	13
Total Current Assets	489	330
Other Assets:
Property and equipment, net	49	47
Goodwill	477	476
Intangible assets, net	155	158
Operating lease right-of-use assets	17	0
Deferred customer acquisition costs	18	21
Other assets	11	10
Total Assets	1,217	1,041
Current Liabilities:
Accounts payable	55	41
Accrued liabilities:
Payroll and related expenses	15	10
Home service plan claims	78	67
Interest payable	3	9
Other	35	26
Deferred revenue	180	185
Current portion of long-term debt	7	7
Total Current Liabilities	373	345
Long-Term Debt	974	977
Other Long-Term Liabilities:
Deferred taxes	37	39
Operating lease liabilities	20	0
Other long-term obligations	31	24
Total Other Long-Term Liabilities	89	63
Commitments and Contingencies (Note 8)
Shareholders' Equity:
Common stock, $.01 par value; 2,000,000,000 shares authorized; 84,657,602 shares issued and outstanding at September 30, 2019 and 84,545,152 shares issued and outstanding at December 31, 2018.	1	1
Additional paid-in capital	8	1
Accumulated deficit	(202)	(336)
Accumulated other comprehensive loss	(25)	(9)
Total Deficit	(219)	(344)
Total Liabilities and Shareholders' Equity	$ 1,217	$ 1,041

Condensed Consolidated Statem_2

Condensed Consolidated Statements of Financial Position (Parenthetical) - USD ($) $ in Millions	Sep. 30, 2019	Dec. 31, 2018
Condensed Consolidated Statements of Financial Position [Abstract]
Allowance for receivables (in dollars)	$ 2	$ 2
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)	84,657,602	84,545,152
Common stock, shares outstanding (in shares)	84,657,602	84,545,152

Condensed Consolidated and Co_2

Condensed Consolidated and Combined Statements of Changes in (Deficit) Equity - USD ($) $ in Millions	Net Parent Investment [Member]	Common Stock [Member]	Additional Paid-in Capital [Member]	Accumulated Deficit [Member]	Accumulated Other Comprehensive Loss [Member]	Total
Balance at beginning of period at Dec. 31, 2017	$ 661
Net income	108					$ 108
Stock-based employee compensation	3
Adoption of ASC 606	2
Net transfers to Parent	(213)
Non-cash debt exchange with Parent	(1,000)
Other comprehensive loss, net of tax						0
Balance at end of period at Sep. 30, 2018	(439)					(439)
Balance at beginning of period at Jun. 30, 2018	657
Net income	49					49
Stock-based employee compensation	1
Net transfers to Parent	(147)
Non-cash debt exchange with Parent	(1,000)
Balance at end of period at Sep. 30, 2018	$ (439)					(439)
Balance at beginning of period at Dec. 31, 2018		$ 1	$ 1	$ (336)	$ (9)	(344)
Net income				134		134
Stock-based employee compensation			7
Other comprehensive loss, net of tax					(15)	(15)
Balance at end of period at Sep. 30, 2019		1	8	(202)	(25)	(219)
Balance at beginning of period at Jun. 30, 2019		1	6	(263)	(21)
Net income				61		61
Stock-based employee compensation			2
Other comprehensive loss, net of tax					(3)
Balance at end of period at Sep. 30, 2019		$ 1	$ 8	$ (202)	$ (25)	$ (219)

Condensed Consolidated and Co_3

Condensed Consolidated and Combined Statements of Cash Flows - USD ($) $ in Millions	9 Months Ended
	Sep. 30, 2019	Sep. 30, 2018
Condensed Consolidated and Combined Statements of Cash Flows [Abstract]
Cash and Cash Equivalents at Beginning of Period	$ 296	$ 282
Cash Flows from Operating Activities:
Net Income	134	108
Adjustments to reconcile net income to net cash provided from operating activities:
Depreciation and amortization expense	18	14
Deferred income tax provision	3	5
Stock-based compensation expense	7	3
Restructuring charges	0	3
Payments for restructuring charges	0	(6)
Spin-off charges	1	23
Payments for spin-off charges	(1)	(22)
Other	4	0
Change in working capital, net of acquisitions:
Receivables	3	5
Prepaid expenses and other current assets	(32)	(28)
Accounts payable	14	13
Deferred revenue	(5)	(8)
Accrued liabilities	10	12
Accrued interest payable	(6)	3
Current income taxes	4	0
Net Cash Provided from Operating Activities	154	126
Cash Flows from Investing Activities:
Purchases of property and equipment	(15)	(21)
Business acquisitions, net of cash received	(3)	0
Purchases of available-for-sale securities	(7)	(16)
Sales and maturities of available-for-sale securities	9	33
Other investing activities	(3)	0
Net Cash Used for Investing Activities	(19)	(4)
Cash Flows from Financing Activities:
Payments of debt and finance lease obligations	(5)	(6)
Net transfers to Parent	0	(74)
Discount paid on issuance of debt	0	(2)
Debt issuance costs paid	0	(16)
Net Cash Used for Financing Activities	(6)	(98)
Cash Increase During the Period	129	23
Cash and Cash Equivalents at End of Period	$ 425	$ 305

Basis of Presentation

Basis of Presentation	9 Months Ended
	Sep. 30, 2019
Basis of Presentation [Abstract]
Basis of Presentation	Note 1. Basis of Presentation References in this Quarterly Report on Form 10-Q to “Frontdoor,” “we,” “our,” or “us” refer to frontdoor, inc. and all of its subsidiaries. Frontdoor is a Delaware corporation with its principal executive offices in Memphis, Tennessee. Certain amounts presented in the tables in this report are subject to rounding adjustments and, as a result, the totals in such tables may not sum. We are the largest provider of home service plans in the United States, as measured by revenue, and operate under the American Home Shield, HSA, OneGuard and Landmark brands. Our customizable home service plans 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 service plans cover the repair or replacement of major components of up to 21 household systems and appliances, including electrical, plumbing, central HVAC systems, water heaters, refrigerators, dishwashers and ranges/ovens/cooktops. We serve customers across all 50 states and the District of Columbia. On October 1, 2018, ServiceMaster completed the spin-off of its businesses operated under the American Home Shield, HSA, OneGuard and Landmark brand names (the “Separated Business”) into a stand-alone publicly traded company (the “Spin-off”). Frontdoor was formed as a wholly-owned subsidiary of ServiceMaster on January 2, 2018 for the purpose of holding the Separated Business in connection with the Spin-off. During 2018, ServiceMaster contributed the Separated Business to Frontdoor. The Spin-off was completed by a pro rata distribution to ServiceMaster’s stockholders of approximately 80.2 % of our common stock. Each holder of ServiceMaster common stock received one share of our common stock for every two shares of ServiceMaster common stock held at the close of business on September 14, 2018, the record date of the distribution. The Spin-off was completed pursuant to a separation and distribution agreement and other agreements with ServiceMaster related to the Spin-off, including a transition services agreement, a tax matters agreement, an employee matters agreement and a stockholder and registration rights agreement. On March 20, 2019, ServiceMaster agreed to transfer its remaining 16,734,092 shares of Frontdoor stock to a financial institution pursuant to an exchange agreement. Subsequent to that date, the financial institution conducted a secondary offering of those shares. The transfer was completed on March 27, 2019, resulting in the full separation of Frontdoor from ServiceMaster and the disposal of ServiceMaster's entire ownership and voting interest in Frontdoor. Prior to the Spin-off, we did not operate as a separate company, and stand-alone financial statements were not historically prepared. The accompanying condensed consolidated and combined financial statements reflect the combined operations of the Separated Business for periods prior to the completion of the Spin-off and reflect our consolidated operations for the period after the completion of the Spin-off. These condensed consolidated and combined financial statements reflect our financial position, results of operations and cash flows in conformity with U.S. GAAP. Our financial position, results of operations and cash flows may not be indicative of our condition had we been a separate stand-alone entity during the periods presented, nor are the results stated herein necessarily indicative of our financial position, results of operations and cash flows had we operated as a separate, independent company during the periods presented. The accompanying condensed consolidated and combined financial statements include all revenues, costs, assets and liabilities directly attributable to us. ServiceMaster’s debt and corresponding interest expense were not allocated to us for periods prior to the Spin-off since we were not the obligor of the debt. The accompanying condensed consolidated and combined statements of operations and comprehensive income include allocations of certain costs from ServiceMaster incurred on our behalf. Such corporate-level costs were allocated to us using methods based on proportionate formulas such as revenue, headcount and others. Such corporate costs include costs pertaining to: accounting and finance; legal; human resources; technology; insurance; marketing; tax services; procurement services and other costs. We consider the expense allocation methodology and results to be reasonable for all periods presented. However, these allocations may not be indicative of the actual level of expense that we would have incurred if we had operated as a separate stand-alone, publicly traded company during the periods presented nor are these costs necessarily indicative of costs we may incur in the future. See Note 9 to the accompanying condensed consolidated and combined financial statements for information regarding allocations from ServiceMaster. Prior to the Spin-off, current and deferred income taxes and related tax expense were determined based on our stand-alone results by applying ASC 740 as if we were a separate taxpayer, following the separate return methodology. Our portion of current income taxes payable was deemed to have been remitted to ServiceMaster in the period the related tax expense was recorded. Our portion of current income taxes receivable was deemed to have been remitted to us by ServiceMaster in the period to which the receivable applies only to the extent that we could have recognized a refund of such taxes on a stand-alone basis under the law of the relevant taxing jurisdiction. See Note 6 to the accompanying condensed consolidated and combined financial statements for additional information. We recommend that the accompanying condensed consolidated and combined financial statements be read in conjunction with the audited consolidated and combined financial statements and the notes thereto included in our 2018 Form 10-K. The accompanying condensed consolidated and combined financial statements reflect all normal and recurring adjustments that are, in the opinion of management, necessary for the fair presentation of the financial position, results of operations and cash flows for the interim periods presented. The results of operations for any interim period are not indicative of the results that might be achieved for a full year.

Significant Accounting Policies

Significant Accounting Policies	9 Months Ended
	Sep. 30, 2019
Significant Accounting Policies [Abstract]
Significant Accounting Policies	Note 2. Significant Accounting Policies Our significant accounting policies are described in Note 2 to the audited consolidated and combined financial statements included in our 2018 Form 10-K. There have been no material changes to the significant accounting policies for the three and nine months ended September 30, 2019, other than the adoption of ASC 842, which became effective January 1, 2019. Leases We determine if an arrangement is a lease at inception. We recognize an 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. The operating lease ROU asset is 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 5 to the accompanying condensed consolidated and combined financial statements for information related to our leases. Adoption of New Accounting Standards In February 201 6, the FASB issued ASU 2016-02, which is the final standard on accounting for leases. While both lessees and lessors are affected by the new guidance, the effects on lessees are much more significant. The most significant change for lessees is the requirement under the new guidance to recognize ROU assets and lease liabilities for all leases. The lease liability represents the lessee’s obligation to make lease payments arising from a lease and is measured as the present value of the lease payments. The ROU asset represents the lessee’s right to use a specified asset for the lease term and will be measured at the lease liability amount, adjusted for lease prepayment, lease incentives received and the lessee’s initial direct costs. We adopted ASC 842 effective January 1, 2019. We utilized the permitted alternative transition method, which removed the requirement that the financial statements of prior periods be restated. There was no cumulative effect adjustment recorded to beginning equity as a result of our adoption of this standard. We also elected the package of practical expedients permitted under the transition guidance, which allowed us to carry forward our historical lease classification, our assessment on whether expired or existing contracts were or contained a lease and our initial direct costs for any leases that existed prior to adoption of the new standard. In addition, we have elected the practical expedients that allow us, by class of underlying asset, to not separate lease and non-lease components and to not recognize ROU assets and lease liabilities for leases with lease terms of 12 months or less. This standard had a material impact on our condensed consolidated statements of financial position but did not have an impact on our condensed consolidated and combined statements of operations and comprehensive income or condensed consolidated and combined statements of cash flows. The most significant impact was the recognition of ROU assets and lease liabilities of approximately $ 24 million for operating leases, while our accounting for finance leases remained unchanged. Accounting Standards Issued but Not Yet Effective In June 2016, the FASB issued ASU 2016-13, which requires earlier recognition of credit losses while also providing additional transparency about credit risk. Further, the new credit loss model utilizes a lifetime expected credit loss measurement objective for the recognition of credit losses at the time the financial asset is originated or acquired. The expected credit losses are adjusted each period for changes in expected lifetime credit losses. We plan to adopt this standard and related amendments on its effective date of January 1, 2020 and are currently evaluating its impact on our consolidated financial statements and related disclosures. In August 2018, the FASB issued ASU 2018-15, which aligns the requirements for capitalizing implementation costs incurred in a hosting arrangement that is a service contract with the requirements for capitalizing implementation costs incurred to develop or obtain internal-use software. We plan to adopt this standard on its effective date of January 1, 2020 and are currently evaluating its impact on our consolidated financial statements and related disclosures.

Revenue

Revenue	9 Months Ended
	Sep. 30, 2019
Revenue [Abstract]
Revenue	Note 3. Revenue We enter into yearly service plan agreements with our customers. We have one 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 value provided to the customer. As the costs to fulfill the obligations of the home service plans 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. This adjustment to the straight-line revenue creates a contract asset or contract liability, as described under the heading “Contract balances” below. We regularly review our estimates of claims costs and adjust the estimates when appropriate. We derive 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 achieves the disclosure objective to depict how the nature, amount, timing, and uncertainty of revenue and cash flows are affected by economic factors. Revenue by major customer acquisition channel is as follows: ___ Three Months Ended Nine Months Ended September 30, September 30, (In millions) 2019 2018 2019 2018 Renewals $ 278 $ 251 $ 722 $ 648 Real estate 77 78 206 205 Direct-to-consumer 50 47 131 122 Other 2 1 6 4 Total $ 407 $ 377 $ 1,065 $ 979 Renewals Revenue from all customer renewals, whether initiated via the real estate or direct-to-consumer channel, are classified as renewals above. Customer payments for renewals are received either at the commencement of the renewal period or in installments over the contract period. Real estate Real estate home service plans are sold through annual contracts in connection with a real estate sale, and payments are typically paid in full at closing. First-year revenue from the real estate channel is classified as real estate above. Direct- to-consumer Direct-to-consumer home service plans are sold through annual contracts when customers request a service plan in response to marketing efforts or when third-party resellers make a sale. Customer payments are received either at the commencement of the contract or in installments over the contract period. First-year revenue from the direct-to-consumer channel is classified as direct-to-consumer above. Costs to obtain a contract with a customer We capitalize the incremental costs of obtaining a contract with a customer, primarily commissions, and recognize the expense using the input method in proportion to the costs expected to be incurred in performing services under the contracts, over the expected customer relationship period. As of September 30, 2019 and December 31, 2018, deferred customer acquisition costs were $ 18 million and $ 21 million, respectively. Amortization of these deferred acquisition costs was $ 6 million for each of the three months ended September 30, 2019 and 2018, and $ 16 million and $ 17 million for the nine months ended September 30, 2019 and 2018, respectively. There was no impairment loss in relation to these capitalized costs. Contract balances Timing of revenue recognition may differ from the timing of invoicing to customers. Contracts with customers, including contracts resulting from customer renewals, are generally for a period of one year. We record a receivable related to revenue recognized on services once we have an unconditional right to invoice and receive payment in the future related to the services provided. All accounts receivable are recorded within Receivables, less allowances, in the accompanying condensed consolidated statements of financial position. We invoice our monthly-pay customers on a straight-line basis over the contract term. As a result, a contract asset is created when revenue is recognized on monthly-pay customers before being billed. As of September 30, 2019, a contract asset of $ 37 million was recorded related to the recognition of monthly-pay customer revenue on an other-than-straight-line basis to match the timing of cost recognition. 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. Deferred revenue was $ 180 million and $ 185 million as of September 30, 2019 and December 31, 2018, respectively. Changes in deferred revenue for the nine months ended September 30, 2019 were as follows: (In millions) Deferred revenue Balance as of December 31, 2018 $ 185 Deferral of revenue 309 Recognition of deferred revenue ( 314 ) Balance as of September 30, 2019 $ 180 Of the $ 185 million that was included in the deferred revenue balance as of December 31, 2018, t here was approximately $ 40 million and $ 184 million of revenue recognized in the three and nine months ended September 30, 2019, respectively.

Goodwill and Intangible Assets

Goodwill and Intangible Assets	9 Months Ended
	Sep. 30, 2019
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 by applying a fair-value-based test on an annual basis or more frequently if circumstances indicate a potential impairment. An assessment for impairment is performed on October 1 of every year. The balance of goodwill was $ 477 million and $ 476 million as of September 30, 2019 and December 31, 2018, respectively. There were no goodwill or trade name impairment charges recorded in the three and nine months ended September 30, 2019 and 2018. There were no accumulated impairment losses recorded as of September 30, 2019 and December 31, 2018. During the second quarter of 2019, we completed a business acquisition for $ 3 million in cash, which was primarily allocated to other intangible assets and goodwill. The table below summarizes the other intangible asset balances: As of September 30, 2019 As of December 31, 2018 (In millions) Gross Accumulated Amortization Net Gross Accumulated Amortization Net Trade name (1) $ 140 $ — $ 140 $ 140 $ — $ 140 Customer relationships 173 ( 167 ) 5 173 ( 165 ) 7 Other 34 ( 25 ) 9 32 ( 22 ) 10 Total $ 347 $ ( 192 ) $ 155 $ 345 $ ( 187 ) $ 158 ___________________________________ (1) Not subject to amortization. Amortization expense was $ 1 million and $ 2 million for the three months ended September 30, 2019 and 2018, respectively, and $ 5 million and $ 6 million for the nine months ended September 30, 2019 and 2018, respectively. The following table outlines expected amortization expense for existing intangible assets for the remainder of 2019 and future years: (In millions) 2019 (remainder) $ 1 2020 6 2021 4 2022 1 2023 1 Total $ 14

Leases

Leases	9 Months Ended
	Sep. 30, 2019
Leases [Abstract]
Leases	Note 5. Leases We have operating leases primarily for corporate offices and call centers and finance leases for vehicles. Our leases have remaining lease terms of one year to 1 5 years, some of which include options to extend the leases for up to five years . Renewal options that are reasonably certain to be exercised are included in the lease term. An incremental borrowing rate is used in determining the present value of lease payments unless an implicit rate is readily determinable. Incremental borrowing rates are determined based on our secured borrowing rating and the lease term. Disclosures related to finance lease obligations are immaterial and, as such, are not included in the discussion below. The weighted average remaining lease term and weighted average discount rate is as follows: As of September 30, 2019 Weighted average remaining lease term (years): Operating leases 10 Weighted average discount rate: Operating leases 6.2 % We recognized operating lease expense, including allocated corporate rent for the period prior to the Spin-off, of $ 1 million and $ 2 million for the three months ended September 30, 2019 and 2018, respectively, and $ 3 million and $ 4 million for the nine months ended September 30, 2019 and 2018, respectively. These expenses are included in Selling and administrative expenses in the accompanying condensed consolidated and combined statements of operations and comprehensive income. Supplemental cash flow information related to operating leases is as follows: Nine Months Ended (In millions) September 30, 2019 Cash paid for amounts included in the measurement of lease liabilities $ 3 Leased assets obtained in exchange for new lease liabilities 1 As a result of our adoption of ASC 842, we recognized ROU assets and lease liabilities of approximately $ 24 million for operating leases as of January 1, 2019. These amounts are excluded from the accompanying condensed consolidated and combined statements of cash flows as non-cash operating activities. Our accounting for finance leases remained unchanged. Supplemental balance sheet information related to operating leases is as follows: (In millions) As of September 30, 2019 Operating lease right-of-use assets $ 23 Less lease incentives ( 6 ) Operating lease right-of-use assets, net $ 17 Other accrued liabilities $ 3 Operating lease liabilities 20 Total operating lease liabilities $ 23 The following table presents maturities of our operating lease liabilities as of September 30, 2019. Operating (In millions) Leases 2019 (remainder) $ 1 2020 4 2021 4 2022 4 2023 3 2024 2 Thereafter 13 Total lease payments 32 Less imputed interest ( 9 ) Total $ 23 As previously disclosed in our 2018 Form 10-K, based on leases in place as of December 31, 2018, future long-term noncancelable operating lease payments were expected to be approximately $ 4 million in 2019, $ 4 million in 2020, $ 4 million in 2021, $ 3 million in 2022, $ 3 million in 2023 and $ 12 million in 2024 and thereafter. These amounts exclude the impact of lease incentives of $ 5 million.

Income Taxes

Income Taxes	9 Months Ended
	Sep. 30, 2019
Income Taxes [Abstract]
Income Taxes	Note 6. Income Taxes As discussed above, although we were historically included in the consolidated income tax returns of ServiceMaster, our income taxes prior to the Spin-off were computed and are reported herein under the “separate return method.” Use of the separate return method may result in differences when the sum of the amounts allocated to stand-alone provisions are compared with amounts presented in financial statements. In that event, the related deferred tax assets and liabilities could be significantly different from those presented herein. Certain tax attributes, e.g., net operating loss carryforwards, which were reflected in ServiceMaster’s consolidated financial statements may or may not exist at the stand-alone Frontdoor level. As required by ASC 740, we compute interim period income taxes by applying an anticipated annual effective tax rate to our year-to-date income or loss from operations before income taxes, except for significant unusual or infrequently occurring items. Our estimated tax rate is adjusted each quarter in accordance with ASC 740. The effective tax rate on income was 25.7 percent and 24.5 percent for the three months ended September 30, 2019 and 2018, respectively, and 25.5 percent and 24.8 percent for the nine months ended September 30, 2019 and 2018, respectively. We are subject to taxation in the United States and various states. Pursuant to the terms of the tax matters agreement entered into with ServiceMaster in connection with the Spin-off, we are not subject to federal examination by the IRS or examination by state taxing authorities where a unitary or combined state income tax return is filed for the years prior to 2018. We are not subject to state and local income tax examinations by tax authorities in jurisdictions where separate income tax returns are filed for the years prior to 2014. All of our income before income taxes for the three and nine months ended September 30, 2019 and 2018 was generated in the United States. Our policy is to recognize potential interest and penalties related to our tax positions within the tax provision. Total interest and penalties included in the accompanying condensed consolidated and combined statements of operations and comprehensive income are immaterial.

Spin-Off Charges

Spin-Off Charges	9 Months Ended
	Sep. 30, 2019
Spin-Off Charges [Abstract]
Spin-Off Charges	Note 7. Spin-off Charges We incurred Spin-off charges of less than $ 1 million (less than $ 1 million, net of tax) and $ 8 million ($ 6 million, net of tax) for the three months ended September 30, 2019 and 2018, respectively, and $ 1 million ($ 1 million, net of tax) and $ 23 million ($ 18 million, net of tax) for the nine months ended September 30, 2019 and 2018, respectively. These charges include nonrecurring costs incurred to evaluate, plan and execute the Spin-off. For the three months ended September 30, 2018, Spin-off charges primarily comprised $ 7 million of third-party consulting fees and $ 1 million of other incremental costs directly related to the Spin-off process. For the nine months ended September 30, 2019, Spin-off charges were primarily comprised of third-party consulting fees. For the nine months ended September 30, 2018, Spin-off charges primarily comprised $ 19 million of third-party consulting fees and $ 4 million of other incremental costs directly related to the Spin-off process. The pre-tax charges discussed above are reported in “Spin-off charges” in the accompanying condensed consolidated and combined statements of operations and comprehensive income. A reconciliation of the beginning and ending balances of accrued Spin-off charges, which are included in "Accrued liabilities—other" on the accompanying condensed consolidated statements of financial position, is presented as follows: (In millions) Accrued Spin-off Charges Balance as of December 31, 2018 $ — Costs incurred 1 Costs paid or otherwise settled ( 1 ) Balance as of September 30, 2019 $ — Balance as of December 31, 2017 $ 1 Costs incurred (1) 21 Costs paid or otherwise settled ( 22 ) Balance as of September 30, 2018 $ — ___________________________________ (1) An additional $ 2 million of Spin-off charges were pre-paid in 2017 and subsequently expensed during the nine months ended September 30, 2018. For the nine months ended September 30, 2019 and 2018, we incurred incremental capital expenditures required to effect the Spin-off of $ 2 million and $ 13 million, respectively, principally reflecting costs to replicate technology systems historically shared with ServiceMaster.

Commitments and Contingencies

Commitments and Contingencies	9 Months Ended
	Sep. 30, 2019
Commitments and Contingencies [Abstract]
Commitments and Contingencies	Note 8. Commitments and Contingencies Accruals for home service plan claims are made based on claims experience and actuarial projections. Accruals are established based on estimates of the ultimate cost to settle claims. Home service plan 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 the estimates when appropriate. We believe the use of actuarial methods to account for these liabilities provides a consistent and effective way to measure these judgmental accruals. 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 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 results of operations, financial condition or cash flows. However, the results of legal actions cannot be predicted with certainty. Therefore, it is possible that our results of operations, financial condition or cash flows could be materially adversely affected in any particular period by the unfavorable resolution of one or more legal actions.

Related Party Transactions

Related Party Transactions	9 Months Ended
	Sep. 30, 2019
Related Party Transactions [Abstract]
Related Party Transactions	Note 9. Related Party Transactions ServiceMaster was a related party to Frontdoor prior to the Spin-off. The significant transactions and balances with ServiceMaster prior to the Spin-off are described below. Separation from ServiceMaster Prior to the Spin-off, we were managed and operated in the normal course of business by ServiceMaster along with other businesses . Accordingly, certain shared costs were allocated to us and are reflected as expenses in the accompanying condensed consolidated and combined financial statements. Our management considers the expenses included and the allocation methodologies used to be reasonable and appropriate reflections of the historical ServiceMaster expenses attributable to us for purposes of the accompanying condensed consolidated and combined financial statements; however, the expenses reflected in the accompanying condensed consolidated and combined financial statements may not be indicative of the actual expenses that would have been incurred during the periods presented if we historically operated as a separate, stand-alone entity. In addition, the expenses reflected in the accompanying condensed consolidated and combined financial statements may not be indicative of related expenses that we could incur in the future. Corporate expenses The accompanying condensed consolidated and combined financial statements include transactions with ServiceMaster for services (such as executive functions, information systems, accounting and finance, human resources, legal and general corporate expenses) that were provided to us by the centralized ServiceMaster organization. Corporate-level items also include personnel-related expenses of corporate employees (such as salaries, insurance coverage, stock-based compensation costs, etc.). Throughout the period covered by the accompanying condensed consolidated and combined financial statements, the costs of such functions, services and items were directly charged or allocated to us using methods management believes are reasonable. The methods for allocating functions, services and items to us were based on proportional allocation bases which include revenue, headcount and others. All such costs were deemed to have been incurred and settled in the period in which the costs were recorded. For the three and nine months ended September 30, 2018, directly charged corporate expenses are included in Selling and administrative expenses in the accompanying condensed consolidated and combined statements of operations and comprehensive income in the amounts of $ 7 million and $ 14 million, respectively. For the three and nine months ended September 30, 2018, allocated corporate expenses are included in Selling and administrative expenses in the accompanying condensed consolidated and combined statements of operations and comprehensive income in the amounts of $ 11 million and $ 35 million, respectively. ServiceMaster trade and service marks We had a trademark license agreement with ServiceMaster in which we were charged a royalty fee for the use of ServiceMaster-owned trade and service marks. The royalty fee was 0.175 percent of our customer revenues for the period. The royalty fee is included within Affiliate royalty expense in the accompanying condensed consolidated and combined statements of operations and comprehensive income in the amounts $ 1 million for each of the three and nine months ended September 30, 2018. The trademark license agreement with ServiceMaster was terminated in connection with the Spin-off. Health insurance coverage Our employees participated in a self-insured health insurance program administered by ServiceMaster through June 30, 2018. We paid premiums to ServiceMaster for this coverage, which were based on the number of our employees in the medical plan. These premiums are reflected in the accompanying condensed consolidated and combined statements of operations and comprehensive income in the amount of $ 6 million for the nine months ended September 30, 2018. As we entered into a separate health insurance program effective July 1, 2018, there are no premiums associated with ServiceMaster’s program recorded in the three months ended September 30, 2018. In addition to these costs, a portion of medical insurance costs for corporate employees were allocated to us through the corporate expense allocation discussed under the heading “Corporate expenses” above. Risk management Prior to the Spin-off, ServiceMaster carried insurance policies on insurable risks related to our business at levels which it believed to be appropriate, including workers’ compensation, automobile and general liability risks. These insurance policies were purchased from third-party insurance carriers, which typically incorporated significant deductibles or self-insured retentions. We paid a premium to ServiceMaster in exchange for the coverage provided. Expenses related to coverage provided by ServiceMaster and changes in ultimate losses relating to self-insured programs are reflected in the accompanying condensed consolidated and combined statements of operations and comprehensive income in the amounts of $ 1 million and $ 2 million for the three and nine months ended September 30, 2018, respectively. Our coverage under these self-insured programs was terminated in connection with the Spin-off.

Stock-Based Compensation

Stock-Based Compensation	9 Months Ended
	Sep. 30, 2019
Stock-Based Compensation [Abstract]
Stock-Based Compensation	Note 10. Stock-Based Compensation We recognized stock-based compensation expense of $ 2 million ($ 2 million, net of tax) and $ 1 million ($ 1 million, net of tax) for the three months ended September 30, 2019 and 2018, respectively, and $ 7 million ($ 5 million, net of tax) and $ 3 million ($ 2 million, net of tax) for the nine months ended September 30, 2019 and 2018, respectively. These charges are included in Selling and administrative expenses in the accompanying condensed consolidated and combined statements of operations and comprehensive income. As of September 30, 2019, there was $ 20 million of total unrecognized compensation costs related to unvested stock options, restricted stock units (“RSUs”) and performance shares granted under the Omnibus Plan. These remaining costs are expected to be recognized over a weighted-average period of 2.72 years. 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 of the Company 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.

Long-Term Debt

Long-Term Debt	9 Months Ended
	Sep. 30, 2019
Long-Term Debt [Abstract]
Long-Term Debt	Note 11. Long-Term Debt Long-term debt is summarized in the following table: As of September 30, December 31, (In millions) 2019 2018 Term Loan Facility maturing in 2025 (1) $ 635 $ 639 Revolving Credit Facility maturing in 2023 — — 2026 Notes (2) 345 344 Other 1 1 Less current portion ( 7 ) ( 7 ) Total long-term debt $ 974 $ 977 ___________________________________ (1) As of September 30, 2019 and December 31, 2018, presented net of $ 7 million and $ 8 million, respectively, in unamortized debt issuance costs and $ 1 million and $ 2 million, respectively, in unamortized original issue discount paid. (2) As of September 30, 2019 and December 31, 2018, presented net of $ 5 million and $ 6 million, respectively, in unamortized debt issuance costs.

Supplemental Cash Flow Informat

Supplemental Cash Flow Information	9 Months Ended
	Sep. 30, 2019
Supplemental Cash Flow Information [Abstract]
Supplemental Cash Flow Information	Note 12. Supplemental Cash Flow Information Supplemental information relating to the accompanying condensed consolidated and combined statements of cash flows is presented in the following table: Nine Months Ended September 30, (In millions) 2019 2018 Cash paid for or (received from): Interest expense $ 51 $ 4 Income tax payments, net of refunds (1) 39 — Interest and dividend income ( 4 ) ( 1 ) ___________________________________ (1) Prior to the Spin-off, all income tax payments and refunds were paid and received by ServiceMaster on our behalf.

Cash and Marketable Securities

Cash and Marketable Securities	9 Months Ended
	Sep. 30, 2019
Cash and Marketable Securities [Abstract]
Cash and Marketable Securities	Note 13. Cash and Marketable Securities Cash, money market funds and certificates of deposit with maturities of three months or less when purchased are included in Cash and cash equivalents in the accompanying condensed consolidated statements of financial position. As of September 30, 2019 and December 31, 2018, marketable securities primarily consisted of treasury bills with maturities of less than one year and are classified as available-for-sale securities. The amortized cost, fair value and gross unrealized gains and losses of our short-term investments are as follows: Gross Gross Amortized Unrealized Unrealized Fair (In millions) Cost Gains Losses Value Available-for-sale securities, September 30, 2019 Debt securities $ 7 $ — $ — $ 7 Available-for-sale securities, December 31, 2018 Debt securities $ 9 $ — $ — $ 9 There were no unrealized losses which had been in a loss position for more than one year as of September 30, 2019 and December 31, 2018. 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. For the three and nine months ended September 30, 2019 and 2018, there were no gross realized gains or losses resulting from sales of available-for-sale securities. The table below summarizes proceeds and maturities for the periods indicated. Three Months Ended Nine Months Ended September 30, September 30, (In millions) 2019 2018 2019 2018 Proceeds from sale of securities $ — $ 16 $ — $ 17 Maturities of securities 5 6 9 15 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 impairment charges due to declines in the value of these investments for the three and nine months ended September 30, 2019 and 2018.

Comprehensive Income (Loss)

Comprehensive Income (Loss)	9 Months Ended
	Sep. 30, 2019
Comprehensive Income (Loss) [Abstract]
Comprehensive Income (Loss)	Note 14. Comprehensive Income (Loss) Comprehensive income (loss), which includes net income (loss), unrealized gain (loss) on derivative instruments and unrealized gain (loss) on marketable securities, is disclosed in the accompanying condensed consolidated and combined statements of operations and comprehensive income and condensed consolidated and combined statements of changes in equity. The following tables summarize the activity in AOCI, net of the related tax effects. Unrealized Gains (Losses) Unrealized on Available Loss -for-Sale (In millions) on Derivatives Securities Total Balance as of December 31, 2018 $ ( 9 ) $ — $ ( 9 ) Other comprehensive income (loss) before reclassifications: Pre-tax amount ( 22 ) — ( 22 ) Tax provision (benefit) ( 5 ) — ( 5 ) After-tax amount ( 17 ) — ( 17 ) Amounts reclassified from accumulated other comprehensive income (loss) (1) 1 — 1 Net current period other comprehensive income (loss) ( 16 ) — ( 15 ) Balance as of September 30, 2019 $ ( 25 ) $ — $ ( 25 ) Balance as of December 31, 2017 $ — $ — $ — Net current period other comprehensive income (loss) — — — Balance as of September 30, 2018 $ — $ — $ — ___________________________________ (1) Amounts are net of tax. See reclassifications out of AOCI below for further details. Reclassifications out of AOCI included the following components for the periods indicated. Amounts Reclassified from Accumulated Other Comprehensive Income (Loss) As of September 30, Consolidated and Combined Statements of (In millions) 2019 2018 Operations and Comprehensive Income Location Loss on interest rate swap contract $ ( 2 ) $ — Interest expense Impact of income taxes — — Provision for income taxes Total reclassifications related to derivatives $ ( 1 ) $ — Total reclassifications for the period $ ( 1 ) $ —

Derivative Financial Instrument

Derivative Financial Instruments	9 Months Ended
	Sep. 30, 2019
Derivative Financial Instruments [Abstract]
Derivative Financial Instruments	Note 15. Derivative Financial Instruments We currently use a derivative financial instrument to manage risks associated with changes in interest rates. 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. We hedge the interest payments on a portion of our variable rate debt through the use of an interest rate swap agreement. Our interest rate swap contract is classified as a cash flow hedge, and, as such, it is recorded on the accompanying condensed consolidated statements of financial position as either an asset or liability at fair value, with the effective portion of changes in the fair value attributable to the hedged risks recorded in AOCI. Any change in the fair value of the hedging instrument resulting from ineffectiveness, as defined by accounting standards, is recognized in current period earnings. Cash flows related to the interest rate swap contract are classified as operating activities in the accompanying condensed consolidated and combined statements of cash flows. The effective portion of the gain or loss on our interest rate swap contract is 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 14 to the accompanying condensed consolidated and combined 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. As the underlying forecasted transactions occur during the next 12 months, the unrealized hedging loss in AOCI expected to be recognized in earnings is $ 4 million, net of tax, as of September 30, 2019. The amounts that are ultimately reclassified into earnings will be based on actual interest rates at the time the positions are settled and may differ materially from the amount noted above.

Fair Value Measurements

Fair Value Measurements	9 Months Ended
	Sep. 30, 2019
Fair Value Measurements [Abstract]
Fair Value Measurements	Note 16. 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 the business categorizes using 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 fair value because of the short maturity of these instruments. The period-end carrying amount of short-term marketable securities also approximates fair value and consists of available-for-sale debt securities. Unrealized gains and losses are reported net of tax as a component of AOCI in the accompanying condensed 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 condensed consolidated and combined statements of operations and comprehensive income. There were no other-than-temporary declines in value for the periods ended September 30, 2019 and 2018. The carrying amount of total debt was $ 981 million and $ 984 million, and the estimated fair value was $ 1,029 million and $ 958 million as of September 30, 2019 and December 31, 2018, respectively. The fair value of our debt is 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. The fair values presented reflect the amounts that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date (exit price). The fair value estimates presented in this report are based on information available to us as of September 30, 2019 and December 31, 2018. We value our interest rate swap contract using a forward interest rate curve obtained from a third-party market data provider. The fair value of the contract is the sum of the expected future settlements between the contract counterparties, discounted to present value. The expected future settlements are determined by comparing the contract interest rate to the expected forward interest rate as of each settlement date and applying the difference between the two rates to the notional amount of debt in the interest rate swap contract. We did not change our valuation techniques for measuring the fair value of any financial assets and liabilities during the year. Transfers between levels, if any, are recognized at the end of the reporting period. There were no transfers between levels during each of the nine months ended September 30, 2019 and 2018. 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) Statement of Financial Position Location Carrying Value Quoted Prices In Active Markets (Level 1) Significant Other Observable Inputs (Level 2) Significant Unobservable Inputs (Level 3) As of September 30, 2019: Financial Assets: Investments in marketable securities Marketable securities $ 7 $ 7 $ — $ — Total financial assets $ 7 $ 7 $ — $ — Financial Liabilities: Interest rate swap contract Other accrued liabilities $ 5 $ — $ 5 $ — Other long-term obligations 27 — 27 — Total financial liabilities $ 32 $ — $ 32 $ — As of December 31, 2018: Financial Assets: Investments in marketable securities Marketable securities $ 9 $ 9 $ — $ — Total financial assets $ 9 $ 9 $ — $ — Financial Liabilities: Interest rate swap contract Other accrued liabilities $ 2 $ — $ 2 $ — Other long-term obligations 10 — 10 — Total financial liabilities $ 12 $ — $ 12 $ —

Earnings Per Share

Earnings Per Share	9 Months Ended
	Sep. 30, 2019
Earnings Per Share [Abstract]
Earnings Per Share	Note 17. 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 potential dilutive shares of common stock been issued. The dilutive effect of stock options, RSUs and performance shares are reflected in diluted net income per share by applying the treasury stock method. There were no Frontdoor equity awards outstanding prior to the Spin-off. Basic and diluted earnings per share are calculated as follows: Three Months Ended Nine Months Ended September 30, September 30, (In millions, except per share data) 2019 2018 2019 2018 Net Income $ 61 $ 49 $ 134 $ 108 Weighted-average common shares outstanding (1) 84.7 84.5 84.6 84.5 Effect of dilutive securities: RSUs 0.2 — 0.1 — Stock options (2) 0.1 — 0.1 — Weighted-average common shares outstanding - assuming dilution 84.9 84.5 84.8 84.5 Basic earnings per share $ 0.72 $ 0.58 $ 1.59 $ 1.28 Diluted earnings per share $ 0.72 $ 0.58 $ 1.58 $ 1.28 ___________________________________ (1) For the three and nine months ended September 30, 2018, earnings per share was calculated based on the 84,515,619 shares of Frontdoor stock that were outstanding at the date of the Spin-off. (2) Options to purchase 0.3 million shares and 0.5 million shares for the three and nine months ended September 30, 2019, respectively, were not included in the diluted earnings per share calculation because their effect would have been anti-dilutive.

Significant Accounting Polici_2

Significant Accounting Policies (Policy)	9 Months Ended
	Sep. 30, 2019
Significant Accounting Policies [Abstract]
Leases	Leases We determine if an arrangement is a lease at inception. We recognize an 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. The operating lease ROU asset is 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 5 to the accompanying condensed consolidated and combined financial statements for information related to our leases.
Adoption Of New Accounting Standards	Adoption of New Accounting Standards In February 201 6, the FASB issued ASU 2016-02, which is the final standard on accounting for leases. While both lessees and lessors are affected by the new guidance, the effects on lessees are much more significant. The most significant change for lessees is the requirement under the new guidance to recognize ROU assets and lease liabilities for all leases. The lease liability represents the lessee’s obligation to make lease payments arising from a lease and is measured as the present value of the lease payments. The ROU asset represents the lessee’s right to use a specified asset for the lease term and will be measured at the lease liability amount, adjusted for lease prepayment, lease incentives received and the lessee’s initial direct costs. We adopted ASC 842 effective January 1, 2019. We utilized the permitted alternative transition method, which removed the requirement that the financial statements of prior periods be restated. There was no cumulative effect adjustment recorded to beginning equity as a result of our adoption of this standard. We also elected the package of practical expedients permitted under the transition guidance, which allowed us to carry forward our historical lease classification, our assessment on whether expired or existing contracts were or contained a lease and our initial direct costs for any leases that existed prior to adoption of the new standard. In addition, we have elected the practical expedients that allow us, by class of underlying asset, to not separate lease and non-lease components and to not recognize ROU assets and lease liabilities for leases with lease terms of 12 months or less. This standard had a material impact on our condensed consolidated statements of financial position but did not have an impact on our condensed consolidated and combined statements of operations and comprehensive income or condensed consolidated and combined statements of cash flows. The most significant impact was the recognition of ROU assets and lease liabilities of approximately $ 24 million for operating leases, while our accounting for finance leases remained unchanged.
Accounting Standards Issued But Not Yet Effective	Accounting Standards Issued but Not Yet Effective In June 2016, the FASB issued ASU 2016-13, which requires earlier recognition of credit losses while also providing additional transparency about credit risk. Further, the new credit loss model utilizes a lifetime expected credit loss measurement objective for the recognition of credit losses at the time the financial asset is originated or acquired. The expected credit losses are adjusted each period for changes in expected lifetime credit losses. We plan to adopt this standard and related amendments on its effective date of January 1, 2020 and are currently evaluating its impact on our consolidated financial statements and related disclosures. In August 2018, the FASB issued ASU 2018-15, which aligns the requirements for capitalizing implementation costs incurred in a hosting arrangement that is a service contract with the requirements for capitalizing implementation costs incurred to develop or obtain internal-use software. We plan to adopt this standard on its effective date of January 1, 2020 and are currently evaluating its impact on our consolidated financial statements and related disclosures.

Revenue (Tables)

Revenue (Tables)	9 Months Ended
	Sep. 30, 2019
Revenue [Abstract]
Disaggregation of Revenue	___ Three Months Ended Nine Months Ended September 30, September 30, (In millions) 2019 2018 2019 2018 Renewals $ 278 $ 251 $ 722 $ 648 Real estate 77 78 206 205 Direct-to-consumer 50 47 131 122 Other 2 1 6 4 Total $ 407 $ 377 $ 1,065 $ 979
Movement In Deferred Revenue	(In millions) Deferred revenue Balance as of December 31, 2018 $ 185 Deferral of revenue 309 Recognition of deferred revenue ( 314 ) Balance as of September 30, 2019 $ 180

Goodwill and Intangible Assets

Goodwill and Intangible Assets (Tables)	9 Months Ended
	Sep. 30, 2019
Goodwill and Intangible Assets [Abstract]
Schedule Of Other Intangible Asset Balances For Continuing Operations	As of September 30, 2019 As of December 31, 2018 (In millions) Gross Accumulated Amortization Net Gross Accumulated Amortization Net Trade name (1) $ 140 $ — $ 140 $ 140 $ — $ 140 Customer relationships 173 ( 167 ) 5 173 ( 165 ) 7 Other 34 ( 25 ) 9 32 ( 22 ) 10 Total $ 347 $ ( 192 ) $ 155 $ 345 $ ( 187 ) $ 158 ___________________________________ (1) Not subject to amortization.
Schedule Of Expected Amortization Expense For Intangible Assets	(In millions) 2019 (remainder) $ 1 2020 6 2021 4 2022 1 2023 1 Total $ 14

Leases (Tables)

Leases (Tables)	9 Months Ended
	Sep. 30, 2019
Leases [Abstract]
Weighted Average Remainig Lease Term And Discount Rate	As of September 30, 2019 Weighted average remaining lease term (years): Operating leases 10 Weighted average discount rate: Operating leases 6.2 %
Supplemental Cash Flow Related To Leases	Nine Months Ended (In millions) September 30, 2019 Cash paid for amounts included in the measurement of lease liabilities $ 3 Leased assets obtained in exchange for new lease liabilities 1
Supplemental Balance Sheet Information Related To Leases	(In millions) As of September 30, 2019 Operating lease right-of-use assets $ 23 Less lease incentives ( 6 ) Operating lease right-of-use assets, net $ 17 Other accrued liabilities $ 3 Operating lease liabilities 20 Total operating lease liabilities $ 23
Maturities Of Lease Liabilities	Operating (In millions) Leases 2019 (remainder) $ 1 2020 4 2021 4 2022 4 2023 3 2024 2 Thereafter 13 Total lease payments 32 Less imputed interest ( 9 ) Total $ 23

Spin-Off Charges (Tables)

Spin-Off Charges (Tables)	9 Months Ended
	Sep. 30, 2019
Spin-Off Charges [Abstract]
Reconciliation Of Accrued Spin-off Charges	(In millions) Accrued Spin-off Charges Balance as of December 31, 2018 $ — Costs incurred 1 Costs paid or otherwise settled ( 1 ) Balance as of September 30, 2019 $ — Balance as of December 31, 2017 $ 1 Costs incurred (1) 21 Costs paid or otherwise settled ( 22 ) Balance as of September 30, 2018 $ — ___________________________________ (1) An additional $ 2 million of Spin-off charges were pre-paid in 2017 and subsequently expensed during the nine months ended September 30, 2018.

Long-Term Debt (Tables)

Long-Term Debt (Tables)	9 Months Ended
	Sep. 30, 2019
Long-Term Debt [Abstract]
Schedule Of Long-Term Debt	As of September 30, December 31, (In millions) 2019 2018 Term Loan Facility maturing in 2025 (1) $ 635 $ 639 Revolving Credit Facility maturing in 2023 — — 2026 Notes (2) 345 344 Other 1 1 Less current portion ( 7 ) ( 7 ) Total long-term debt $ 974 $ 977 ___________________________________ (1) As of September 30, 2019 and December 31, 2018, presented net of $ 7 million and $ 8 million, respectively, in unamortized debt issuance costs and $ 1 million and $ 2 million, respectively, in unamortized original issue discount paid. (2) As of September 30, 2019 and December 31, 2018, presented net of $ 5 million and $ 6 million, respectively, in unamortized debt issuance costs.

Supplemental Cash Flow Inform_2

Supplemental Cash Flow Information (Tables)	9 Months Ended
	Sep. 30, 2019
Supplemental Cash Flow Information [Abstract]
Schedule Of Supplemental Information Relating To The Accompanying Condensed Consolidated Statements Of Cash Flows	Nine Months Ended September 30, (In millions) 2019 2018 Cash paid for or (received from): Interest expense $ 51 $ 4 Income tax payments, net of refunds (1) 39 — Interest and dividend income ( 4 ) ( 1 ) ___________________________________ (1) Prior to the Spin-off, all income tax payments and refunds were paid and received by ServiceMaster on our behalf.

Cash and Marketable Securities

Cash and Marketable Securities (Tables)	9 Months Ended
	Sep. 30, 2019
Cash and Marketable Securities [Abstract]
Schedule Of Amortized Cost, Fair Value And Gross Unrealized Gains And Losses Of The Company's Short- And Long-Term Investments	Gross Gross Amortized Unrealized Unrealized Fair (In millions) Cost Gains Losses Value Available-for-sale securities, September 30, 2019 Debt securities $ 7 $ — $ — $ 7 Available-for-sale securities, December 31, 2018 Debt securities $ 9 $ — $ — $ 9
Schedule Of Proceeds From Sale Of Securities, Maturities Of Available-for-sale Securities And Gross Realized (Gains) Losses	Three Months Ended Nine Months Ended September 30, September 30, (In millions) 2019 2018 2019 2018 Proceeds from sale of securities $ — $ 16 $ — $ 17 Maturities of securities 5 6 9 15

Comprehensive Income (Loss) (Ta

Comprehensive Income (Loss) (Tables)	9 Months Ended
	Sep. 30, 2019
Comprehensive Income (Loss) [Abstract]
Summary Of The Activity In Other Comprehensive Income (Loss), Net Of The Related Tax Effects	Unrealized Gains (Losses) Unrealized on Available Loss -for-Sale (In millions) on Derivatives Securities Total Balance as of December 31, 2018 $ ( 9 ) $ — $ ( 9 ) Other comprehensive income (loss) before reclassifications: Pre-tax amount ( 22 ) — ( 22 ) Tax provision (benefit) ( 5 ) — ( 5 ) After-tax amount ( 17 ) — ( 17 ) Amounts reclassified from accumulated other comprehensive income (loss) (1) 1 — 1 Net current period other comprehensive income (loss) ( 16 ) — ( 15 ) Balance as of September 30, 2019 $ ( 25 ) $ — $ ( 25 ) Balance as of December 31, 2017 $ — $ — $ — Net current period other comprehensive income (loss) — — — Balance as of September 30, 2018 $ — $ — $ — ___________________________________ (1) Amounts are net of tax. See reclassifications out of AOCI below for further details.
Schedule Of Reclassifications Out Of Accumulated Other Comprehensive Income (Loss)	Amounts Reclassified from Accumulated Other Comprehensive Income (Loss) As of September 30, Consolidated and Combined Statements of (In millions) 2019 2018 Operations and Comprehensive Income Location Loss on interest rate swap contract $ ( 2 ) $ — Interest expense Impact of income taxes — — Provision for income taxes Total reclassifications related to derivatives $ ( 1 ) $ — Total reclassifications for the period $ ( 1 ) $ —

Fair Value Measurements (Tables

Fair Value Measurements (Tables)	9 Months Ended
	Sep. 30, 2019
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) Statement of Financial Position Location Carrying Value Quoted Prices In Active Markets (Level 1) Significant Other Observable Inputs (Level 2) Significant Unobservable Inputs (Level 3) As of September 30, 2019: Financial Assets: Investments in marketable securities Marketable securities $ 7 $ 7 $ — $ — Total financial assets $ 7 $ 7 $ — $ — Financial Liabilities: Interest rate swap contract Other accrued liabilities $ 5 $ — $ 5 $ — Other long-term obligations 27 — 27 — Total financial liabilities $ 32 $ — $ 32 $ — As of December 31, 2018: Financial Assets: Investments in marketable securities Marketable securities $ 9 $ 9 $ — $ — Total financial assets $ 9 $ 9 $ — $ — Financial Liabilities: Interest rate swap contract Other accrued liabilities $ 2 $ — $ 2 $ — Other long-term obligations 10 — 10 — Total financial liabilities $ 12 $ — $ 12 $ —

Earnings Per Share (Tables)

Earnings Per Share (Tables)	9 Months Ended
	Sep. 30, 2019
Earnings Per Share [Abstract]
Schedule Of Basic And Diluted Earnings Per Share	Three Months Ended Nine Months Ended September 30, September 30, (In millions, except per share data) 2019 2018 2019 2018 Net Income $ 61 $ 49 $ 134 $ 108 Weighted-average common shares outstanding (1) 84.7 84.5 84.6 84.5 Effect of dilutive securities: RSUs 0.2 — 0.1 — Stock options (2) 0.1 — 0.1 — Weighted-average common shares outstanding - assuming dilution 84.9 84.5 84.8 84.5 Basic earnings per share $ 0.72 $ 0.58 $ 1.59 $ 1.28 Diluted earnings per share $ 0.72 $ 0.58 $ 1.58 $ 1.28 ___________________________________ (1) For the three and nine months ended September 30, 2018, earnings per share was calculated based on the 84,515,619 shares of Frontdoor stock that were outstanding at the date of the Spin-off. (2) Options to purchase 0.3 million shares and 0.5 million shares for the three and nine months ended September 30, 2019, respectively, were not included in the diluted earnings per share calculation because their effect would have been anti-dilutive.

Basis of Presentation (Narrativ

Basis of Presentation (Narrative) (Details)	Mar. 20, 2019shares	Oct. 01, 2018	Sep. 30, 2019itemstate
Basis of Presentation [Abstract]
Number of systems or appliances covered under service plans | item			21
Number of States in which Entity Operates | state			50
Common stock, percentage held by stockholders		80.20%
Number Of Common Stock Received, From Spin-Off Transaction, Conversion		1
Number Of Common Stock From Previous Parent Company Held, Spin Off Transaction, Conversion		2
Number of shares transferred to financial institution, pursuant to exchange agreement | shares	16,734,092

Significant Accounting Polici_3

Significant Accounting Policies (Narrative) (Details) - USD ($)	9 Months Ended
	Sep. 30, 2019	Jan. 01, 2019	Dec. 31, 2018
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Operating lease right-of-use assets	$ 17,000,000		$ 0
Operating lease liabilities	$ 23,000,000
Minimum [Member]
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Recognition requirements lease term	12 months
Accounting Standards Update 2016-02 [Member]
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Cumulative Effect of New Accounting Principle in Period of Adoption		$ 0
Operating lease right-of-use assets		24,000,000
Operating lease liabilities		$ 24,000,000
Accounting Standards Update 2016-02 [Member] | Maximum [Member]
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Recognition requirements lease term	12 months

Revenue (Narrative) (Details)

Revenue (Narrative) (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2019	Sep. 30, 2018	Sep. 30, 2019	Sep. 30, 2018	Dec. 31, 2018
Revenue [Abstract]
Capitalized Contract Cost, Net	$ 18		$ 18		$ 21
Capitalized Contract Cost, Amortization	6	$ 6	16	$ 17
Capitalized Contract Cost, Impairment Loss			0
Deferred revenue	180		180		185
Contract asset	37		37		$ 0
Revenue recognized	$ 40		$ 184

Revenue (Disaggregation of Reve

Revenue (Disaggregation of Revenue) (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2019	Sep. 30, 2018	Sep. 30, 2019	Sep. 30, 2018
Disaggregation of Revenue [Line Items]
Reportable segment revenues	$ 407	$ 377	$ 1,065	$ 979
Renewals [Member]
Disaggregation of Revenue [Line Items]
Reportable segment revenues	278	251	722	648
Real Estate [Member]
Disaggregation of Revenue [Line Items]
Reportable segment revenues	77	78	206	205
Direct To Consumer [Member]
Disaggregation of Revenue [Line Items]
Reportable segment revenues	50	47	131	122
Service, Other [Member]
Disaggregation of Revenue [Line Items]
Reportable segment revenues	$ 2	$ 1	$ 6	$ 4

Revenue (Movement In Deferred R

Revenue (Movement In Deferred Revenue) (Details) $ in Millions	9 Months Ended
	Sep. 30, 2019USD ($)
Revenue [Abstract]
Balance as of December 31, 2018	$ 185
Deferral of revenue	309
Recognition of deferred revenue	(314)
Balance as of September 30, 2019	$ 180

Goodwill and Intangible Asset_2

Goodwill and Intangible Assets (Narrative) (Details) - USD ($)	3 Months Ended		9 Months Ended
	Sep. 30, 2019	Sep. 30, 2018	Sep. 30, 2019	Sep. 30, 2018	Dec. 31, 2018
Indefinite-lived Intangible Assets [Line Items]
Goodwill	$ 477,000,000		$ 477,000,000		$ 476,000,000
Goodwill impairment charges	0	$ 0	0	$ 0
Accumulated impairment loss	0		0		$ 0
Amortization expense	1,000,000	2,000,000	5,000,000	6,000,000
Net cash paid	3,000,000
Trade names [Member]
Indefinite-lived Intangible Assets [Line Items]
Intangible asset impairment charges	$ 0	$ 0	$ 0	$ 0

Goodwill and Intangible Asset_3

Goodwill and Intangible Assets (Schedule Of Other Intangible Asset Balances For Continuing Operations) (Details) - USD ($) $ in Millions		Sep. 30, 2019	Dec. 31, 2018
Finite Lived and Indefinite Lived Intangible Assets by Major Class [Line Items]
Gross		$ 347	$ 345
Accumulated Amortization		(192)	(187)
Net		155	158
Customer relationships [Member]
Finite Lived and Indefinite Lived Intangible Assets by Major Class [Line Items]
Gross		173	173
Accumulated Amortization		(167)	(165)
Net		5	7
Other [Member]
Finite Lived and Indefinite Lived Intangible Assets by Major Class [Line Items]
Gross		34	32
Accumulated Amortization		(25)	(22)
Net		9	10
Trade names [Member]
Finite Lived and Indefinite Lived Intangible Assets by Major Class [Line Items]
Gross	[1]	140	140
Accumulated Amortization	[1]
Net	[1]	$ 140	$ 140
[1]	Not subject to amortization.

Goodwill and Intangible Asset_4

Goodwill and Intangible Assets (Schedule Of Expected Amortization Expense For Intangible Assets) (Details) $ in Millions	Sep. 30, 2019USD ($)
Goodwill and Intangible Assets [Abstract]
2019 (remainder)	$ 1
2020	6
2021	4
2022	1
2023	1
Total	$ 14

Leases (Narrative) (Details)

Leases (Narrative) (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2019	Sep. 30, 2018	Sep. 30, 2019	Sep. 30, 2018	Jan. 01, 2019	Dec. 31, 2018
Lessee, Lease, Description [Line Items]
Operating lease expense	$ 1	$ 2	$ 3	$ 4
Operating Lease, Liability	23		23
Operating Lease, Right-of-Use Asset	$ 17		$ 17			$ 0
Operating Leases, Future Minimum Payments Due, Next Twelve Months						4
Operating Leases, Future Minimum Payments, Due in Two Years						4
Operating Leases, Future Minimum Payments, Due in Three Years						4
Operating Leases, Future Minimum Payments, Due in Four Years						3
Operating Leases, Future Minimum Payments, Due in Five Years						3
Operating Leases, Future Minimum Payments, Due Thereafter						12
Operating Leases, Lease Incentives						$ 5
Maximum [Member]
Lessee, Lease, Description [Line Items]
Leases, Remaining Lease Term Years			15 years
Leases, Renewal Term			5 years
Minimum [Member]
Lessee, Lease, Description [Line Items]
Leases, Remaining Lease Term Years			1 year
Accounting Standards Update 2016-02 [Member]
Lessee, Lease, Description [Line Items]
Operating Lease, Liability					$ 24
Operating Lease, Right-of-Use Asset					$ 24

Leases (Weighted Average Remain

Leases (Weighted Average Remainig Lease Term And Discount Rate) (Details)	Sep. 30, 2019
Leases [Abstract]
Weighted average remaining lease term: Operating leases	10 years
Weighted average discount rate: Operating leases	6.20%

Leases (Supplemental Cash Flow

Leases (Supplemental Cash Flow Related To Leases) (Details) $ in Millions	9 Months Ended
	Sep. 30, 2019USD ($)
Leases [Abstract]
Cash paid for amounts included in the measurement of lease liabilities	$ 3
Leased assets obtained in exchange for new lease liabilities	$ 1

Leases (Supplemental Balance Sh

Leases (Supplemental Balance Sheet Information Related To Lease) (Details) - USD ($) $ in Millions	Sep. 30, 2019	Dec. 31, 2018
Leases [Abstract]
Operating lease right-of-use assets	$ 23
Less lease incentives	(6)
Operating lease right-of-use asset, net	17	$ 0
Other accrued liabilities	3
Operating lease liabilities	20	$ 0
Total operating lease liabilities	$ 23

Leases (Maturities Of Lease Lia

Leases (Maturities Of Lease Liabilities) (Details) $ in Millions	Sep. 30, 2019USD ($)
Leases [Abstract]
2019 (remainder)	$ 1
2020	4
2021	4
2022	4
2023	3
2024	2
Thereafter	13
Total lease payments	32
Less imputed interest	(9)
Total	$ 23

Income Taxes (Narrative) (Detai

Income Taxes (Narrative) (Details)	3 Months Ended		9 Months Ended
	Sep. 30, 2019	Sep. 30, 2018	Sep. 30, 2019	Sep. 30, 2018
Income Taxes [Abstract]
Effective tax rate on income from continuing operations (as a percent)	25.70%	24.50%	25.50%	24.80%

Spin-Off Charges (Narrative) (D

Spin-Off Charges (Narrative) (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2019	Sep. 30, 2018	Sep. 30, 2019	Sep. 30, 2018
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Restructuring charges	$ 0	$ 0	$ 0	$ 3
Discontinued Operations, Disposed of by Means Other than Sale, Spinoff [Member]
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Restructuring charges	1	8	1	23
Restructuring charges, net of tax		6	1	18
Spin-off [Member]
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Restructuring charges			1	21	[1]
Incremental capital expenditures required to effect the spin-off			$ 2	13
Spin-off [Member] | Discontinued Operations, Disposed of by Means Other than Sale, Spinoff [Member] | Third-Party Consulting Fees [Member]
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Restructuring charges		7		19
Spin-off [Member] | Discontinued Operations, Disposed of by Means Other than Sale, Spinoff [Member] | Other Incremental Costs [Member]
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Restructuring charges		$ 1		$ 4
Maximum [Member] | Discontinued Operations, Disposed of by Means Other than Sale, Spinoff [Member]
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Restructuring charges, net of tax	$ 1
[1]	An additional $ 2 million of Spin-off charges were pre-paid in 2017 and subsequently expensed during the nine months ended September 30, 2018.

Spin-Off Charges (Reconciliatio

Spin-Off Charges (Reconciliation Of Accrued Spin-off Charges) (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2019	Sep. 30, 2018	Sep. 30, 2019	Sep. 30, 2018
Restructuring and Related Cost [Abstract]
Costs incurred	$ 0	$ 0	$ 0	$ 3
Costs paid or otherwise settled			0	(6)
Spin-off [Member]
Restructuring and Related Cost [Abstract]
Balance at the beginning of the period			0	1
Costs incurred			1	21	[1]
Costs paid or otherwise settled			(1)	(22)
Balance at the end of the period	$ 0	0	$ 0	0
Prepaid Spin-off charges		$ 2		$ 2
[1]	An additional $ 2 million of Spin-off charges were pre-paid in 2017 and subsequently expensed during the nine months ended September 30, 2018.

Related Party Transactions (Nar

Related Party Transactions (Narrative) (Details) - USD ($)	3 Months Ended		9 Months Ended
	Sep. 30, 2019	Sep. 30, 2018	Sep. 30, 2019	Sep. 30, 2018
Related Party Transactions [Line Items]
Royalty expense	$ 0	$ 1,000,000	$ 0	$ 1,000,000
Directly Charged Corporate Expenses [Member]
Related Party Transactions [Line Items]
Corporate expenses		7,000,000		14,000,000
Allocated Corporate Expenses [Member]
Related Party Transactions [Line Items]
Corporate expenses		11,000,000		35,000,000
Health Insurance Coverage Premiums [Member]
Related Party Transactions [Line Items]
Insurance expense		0		6,000,000
Risk Management Insurance Policies [Member]
Related Party Transactions [Line Items]
Insurance expense		1,000,000		$ 2,000,000
ServiceMaster [Member]
Related Party Transactions [Line Items]
Royalty fee as a percent of customer revenues				0.175%
Royalty expense		$ 1,000,000		$ 1,000,000

Stock-Based Compensation (Narra

Stock-Based Compensation (Narrative) (Details) - USD ($) $ in Millions	Mar. 21, 2019	Sep. 30, 2019	Sep. 30, 2018	Sep. 30, 2019	Sep. 30, 2018
Stock-Based Compensation [Line Items]
Stock-based compensation expense		$ 2	$ 1	$ 7	$ 3
Stock-based compensation expense, net of tax		2	$ 1	5	$ 2
Total unrecognized compensation costs related to non-vested stock options, restricted share units and performance shares		$ 20		$ 20
Weighted-average period of recognition of stock-based compensation cost				2 years 8 months 19 days
Employee Stock Purchase Plan [Member]
Stock-Based Compensation [Line Items]
Maximum Percentage Of Current Fair Market Value Eligible Employees May Purchase	15.00%
Number of shares of common stock authorized	1,250,000

Long-Term Debt (Schedule Of Lon

Long-Term Debt (Schedule Of Long-Term Debt) (Details) - USD ($) $ in Millions		Sep. 30, 2019	Dec. 31, 2018
Long-term debt [Line Items]
Less current portion		$ (7)	$ (7)
Total long-term debt		974	977
Term Loan Facility Maturing In 2025 [Member] | Secured Debt [Member]
Long-term debt [Line Items]
Long-term debt	[1]	635	639
Unamortized debt issuance costs		7	8
Unamortized original issue discount		1	2
Revolving Credit Facility Maturing In 2023 [Member]
Long-term debt [Line Items]
Long-term debt		0	0
2026 Notes [Member] | Loans Payable [Member]
Long-term debt [Line Items]
Long-term debt	[2]	345	344
Unamortized debt issuance costs		5	6
Other [Member]
Long-term debt [Line Items]
Long-term debt		$ 1	$ 1
[1]	As of September 30, 2019 and December 31, 2018, presented net of $ 7 million and $ 8 million, respectively, in unamortized debt issuance costs and $ 1 million and $ 2 million, respectively, in unamortized original issue discount paid.
[2]	As of September 30, 2019 and December 31, 2018, presented net of $ 5 million and $ 6 million, respectively, in unamortized debt issuance costs.

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		9 Months Ended
		Sep. 30, 2019	Sep. 30, 2018
Cash paid for or (received from):
Interest expense		$ 51	$ 4
Income tax payments, net of refunds	[1]	39	0
Interest and dividend income		$ (4)	$ (1)
[1]	Prior to the Spin-off, all income tax payments and refunds were paid and received by ServiceMaster on our behalf.

Cash and Marketable Securitie_2

Cash and Marketable Securities (Narrative) (Details) - USD ($)	3 Months Ended		9 Months Ended		12 Months Ended
	Sep. 30, 2019	Sep. 30, 2018	Sep. 30, 2019	Sep. 30, 2018	Dec. 31, 2018
Cash and Marketable Securities [Abstract]
Marketable Securities, Realized Gain (Loss)	$ 0	$ 0	$ 0	$ 0
Impairment charges due to declines in the vale of debt securities	$ 0	$ 0	0	$ 0
Unrealized losses on marketable securities			$ 0		$ 0

Cash and Marketable Securitie_3

Cash and Marketable Securities (Schedule Of Amortized Cost, Fair Value And Gross Unrealized Gains And Losses Of The Company's Short- And Long-Term Investments) (Details) - USD ($) $ in Millions	Sep. 30, 2019	Dec. 31, 2018
Cash and Marketable Securities [Abstract]
Amortized cost of debt securities	$ 7	$ 9
Gross unrealized gains on debt securities	0	0
Gross unrealized losses on debt securities	0	0
Fair value of debt securities	$ 7	$ 9

Cash and Marketable Securitie_4

Cash and Marketable Securities (Schedule Of Proceeds From Sale Of Securities, Maturities Of Available-for-sale Securities And Gross Realized (Gains) Losses) (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2019	Sep. 30, 2018	Sep. 30, 2019	Sep. 30, 2018
Cash and Marketable Securities [Abstract]
Proceeds from sale of securities	$ 0	$ 16	$ 0	$ 17
Maturities of securities	$ 5	$ 6	$ 9	$ 15

Comprehensive Income (Loss) (Su

Comprehensive Income (Loss) (Summary Of The Activity In Other Comprehensive Income (Loss), Net Of The Related Tax Effects) (Details) - USD ($) $ in Millions		9 Months Ended
		Sep. 30, 2019	Sep. 30, 2018
Accumulated Other Comprehensive Income (Loss) [Line Items]
Balance at the beginning of period		$ (9)	$ 0
Other comprehensive income (loss) before reclassifications:
Pre-tax amount		(22)
Tax provision (benefit)		(5)
After-tax amount		(17)
Amounts reclassified from accumulated other comprehensive income (loss)	[1]	1
Net current period other comprehensive income (loss)		(15)	0
Balance at the end of period		(25)	0
Unrealized Loss on Derivatives [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Balance at the beginning of period		(9)	0
Other comprehensive income (loss) before reclassifications:
Pre-tax amount		(22)
Tax provision (benefit)		(5)
After-tax amount		(17)
Amounts reclassified from accumulated other comprehensive income (loss)	[1]	1
Net current period other comprehensive income (loss)		(16)	0
Balance at the end of period		(25)	0
Unrealized Gains (Losses) on Available-for-Sale Securities [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Balance at the beginning of period		0	0
Other comprehensive income (loss) before reclassifications:
Pre-tax amount		0
Tax provision (benefit)		0
After-tax amount		0
Amounts reclassified from accumulated other comprehensive income (loss)	[1]
Net current period other comprehensive income (loss)		0	0
Balance at the end of period		$ 0	$ 0
[1]	Amounts are net of tax. See reclassifications out of AOCI below for further details.

Comprehensive Income (Loss) (Sc

Comprehensive Income (Loss) (Schedule Of Reclassifications Out Of Accumulated Other Comprehensive Income (Loss)) (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2019	Sep. 30, 2018	Sep. 30, 2019	Sep. 30, 2018
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Interest expense	$ (16)	$ (7)	$ (47)	$ (7)
Provision for income taxes	(21)	(16)	(46)	(36)
Net Income	$ 61	$ 49	134	108
Amount Reclassified from Accumulated Other Comprehensive Income (Loss)
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Net Income			(1)	0
Unrealized Loss on Derivatives [Member] | Amount Reclassified from Accumulated Other Comprehensive Income (Loss)
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Interest expense			(2)	0
Provision for income taxes			0	0
Net Income			$ (1)	$ 0

Derivative Financial Instrume_2

Derivative Financial Instruments (Details) $ in Millions	9 Months Ended
	Sep. 30, 2019USD ($)
Derivative Financial Instruments [Abstract]
Hedging loss in accumulated other comprehensive income expected to be recognized in earnings, net of tax	$ 4

Fair Value Measurements (Narrat

Fair Value Measurements (Narrative) (Details) - USD ($) $ in Millions	9 Months Ended
	Sep. 30, 2019	Sep. 30, 2018	Dec. 31, 2018
Fair Value Measurements [Abstract]
Carrying amount of total debt	$ 981		$ 984
Fair value of total debt	1,029		$ 958
Fair Value, Assets, Level 1 to Level 2 Transfers, Amount	0	$ 0
Fair Value, Assets, Level 2 to Level 1 Transfers, Amount	0	0
Fair Value, Liabilities, Level 1 to Level 2 Transfers, Amount	0	0
Fair Value, Liabilities, Level 2 to Level 1 Transfers, Amount	0	0
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Transfers, Net	0	0
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Liability, Transfers, Net	$ 0	$ 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	Sep. 30, 2019	Dec. 31, 2018
Carrying Value [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investments in marketable securities	$ 7	$ 9
Total financial assets	7	9
Total financial liabilities	32	12
Carrying Value [Member] | Other Accrued Liabilities [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Interest rate swap contracts	5	2
Carrying Value [Member] | Other Long-Term Obligation [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Interest rate swap contracts	27	10
Estimated Fair Value [Member] | Quoted Price In Active Markets (Level 1) [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investments in marketable securities	7	9
Total financial assets	7	9
Total financial liabilities	0	0
Estimated Fair Value [Member] | Quoted Price In Active Markets (Level 1) [Member] | Other Accrued Liabilities [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Interest rate swap contracts	0	0
Estimated Fair Value [Member] | Quoted Price In Active Markets (Level 1) [Member] | Other Long-Term Obligation [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Interest rate swap contracts	0	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]
Investments in marketable securities	0	0
Total financial assets	0	0
Total financial liabilities	32	12
Estimated Fair Value [Member] | Significant Other Observable Inputs (Level 2) [Member] | Other Accrued Liabilities [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Interest rate swap contracts	5	2
Estimated Fair Value [Member] | Significant Other Observable Inputs (Level 2) [Member] | Other Long-Term Obligation [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Interest rate swap contracts	27	10
Estimated Fair Value [Member] | Significant Unobservable Inputs (Level 3) [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investments in marketable securities	0	0
Total financial assets	0	0
Total financial liabilities	0	0
Estimated Fair Value [Member] | Significant Unobservable Inputs (Level 3) [Member] | Other Accrued Liabilities [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Interest rate swap contracts	0	0
Estimated Fair Value [Member] | Significant Unobservable Inputs (Level 3) [Member] | Other Long-Term Obligation [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Interest rate swap contracts	$ 0	$ 0

Earnings Per Share (Schedule Of

Earnings Per Share (Schedule Of Basic And Diluted Earnings Per Share) (Details) - USD ($) $ / shares in Units, $ in Millions		3 Months Ended		9 Months Ended
		Sep. 30, 2019	Sep. 30, 2018	Sep. 30, 2019	Sep. 30, 2018	Dec. 31, 2018
Earnings Per Share, Basic, by Common Class, Including Two Class Method [Line Items]
Net income		$ 61	$ 49	$ 134	$ 108
Weighted-average common shares outstanding	[1]	84,700,000	84,500,000	84,600,000	84,500,000
Weighted average common shares outstanding-assuming dilution		84,900,000	84,500,000	84,800,000	84,500,000
Basic earnings per share (in dollars per share)		$ 0.72	$ 0.58	$ 1.59	$ 1.28
Diluted earnings per share (in dollars per share)		$ 0.72	$ 0.58	$ 1.58	$ 1.28
Shares of common stock outstanding		84,657,602	84,515,619	84,657,602	84,515,619	84,545,152
Antidilutive securities excluded from computation of diluted earnings per share (in shares)		300,000		500,000
RSU [Member]
Earnings Per Share, Basic, by Common Class, Including Two Class Method [Line Items]
Effect of dilutive securities		200,000	0	100,000	0
Stock options [Member]
Earnings Per Share, Basic, by Common Class, Including Two Class Method [Line Items]
Effect of dilutive securities	[2]	100,000	0	100,000	0
[1]	For the three and nine months ended September 30, 2018, earnings per share was calculated based on the 84,515,619 shares of Frontdoor stock that were outstanding at the date of the Spin-off.
[2]	Options to purchase 0.3 million shares and 0.5 million shares for the three and nine months ended September 30, 2019, respectively, were not included in the diluted earnings per share calculation because their effect would have been anti-dilutive.