2024 Q4 Form 10-Q Financial Statement
#000095017024120674 Filed on November 04, 2024
Income Statement
Concept | 2024 Q4 | 2024 Q3 | 2023 Q4 |
---|---|---|---|
Revenue | $540.0M | $366.0M | |
YoY Change | 3.05% | 7.65% | |
Cost Of Revenue | $235.0M | $189.0M | |
YoY Change | -8.2% | -3.08% | |
Gross Profit | $306.0M | $177.0M | |
YoY Change | 14.18% | 22.07% | |
Gross Profit Margin | 56.67% | 48.36% | |
Selling, General & Admin | $154.0M | $142.0M | |
YoY Change | 1.32% | 20.34% | |
% of Gross Profit | 50.33% | 80.23% | |
Research & Development | |||
YoY Change | |||
% of Gross Profit | |||
Depreciation & Amortization | $10.00M | $9.000M | |
YoY Change | 0.0% | 0.0% | |
% of Gross Profit | 3.27% | 5.08% | |
Operating Expenses | $154.0M | $151.0M | |
YoY Change | 1.32% | 18.9% | |
Operating Profit | $152.0M | $26.00M | |
YoY Change | 31.03% | 44.44% | |
Interest Expense | $10.00M | -$6.000M | |
YoY Change | 0.0% | 0.0% | |
% of Operating Profit | 6.58% | -23.08% | |
Other Income/Expense, Net | $2.000M | ||
YoY Change | -200.0% | ||
Pretax Income | $134.0M | $12.00M | |
YoY Change | 39.58% | 50.0% | |
Income Tax | $34.00M | $3.000M | |
% Of Pretax Income | 25.37% | 25.0% | |
Net Earnings | $100.0M | $8.000M | |
YoY Change | 40.85% | 0.0% | |
Net Earnings / Revenue | 18.52% | 2.19% | |
Basic Earnings Per Share | $1.32 | ||
Diluted Earnings Per Share | $1.30 | $0.10 | |
COMMON SHARES | |||
Basic Shares Outstanding | 75.82M | 76.52M | 79.62M |
Diluted Shares Outstanding | 77.10M |
Balance Sheet
Concept | 2024 Q4 | 2024 Q3 | 2023 Q4 |
---|---|---|---|
SHORT-TERM ASSETS | |||
Cash & Short-Term Investments | $375.0M | $325.0M | |
YoY Change | 17.19% | 11.3% | |
Cash & Equivalents | $421.0M | $375.0M | $325.0M |
Short-Term Investments | |||
Other Short-Term Assets | $28.00M | $32.00M | |
YoY Change | -6.67% | -3.03% | |
Inventory | |||
Prepaid Expenses | |||
Receivables | $10.00M | $6.000M | $6.000M |
Other Receivables | $0.00 | $0.00 | |
Total Short-Term Assets | $488.0M | $484.0M | $363.0M |
YoY Change | 34.44% | 12.82% | 10.0% |
LONG-TERM ASSETS | |||
Property, Plant & Equipment | $73.00M | $68.00M | $60.00M |
YoY Change | 21.67% | 6.25% | -9.09% |
Goodwill | $967.0M | $503.0M | $503.0M |
YoY Change | 92.25% | 0.0% | 0.0% |
Intangibles | $448.0M | $141.0M | $143.0M |
YoY Change | 213.29% | -2.08% | -3.38% |
Long-Term Investments | |||
YoY Change | |||
Other Assets | $2.000M | $3.000M | $5.000M |
YoY Change | -60.0% | -62.5% | -37.5% |
Total Long-Term Assets | $1.619B | $733.0M | $726.0M |
YoY Change | 123.0% | -0.81% | -3.46% |
TOTAL ASSETS | |||
Total Short-Term Assets | $488.0M | $484.0M | $363.0M |
Total Long-Term Assets | $1.619B | $733.0M | $726.0M |
Total Assets | $2.107B | $1.217B | $1.089B |
YoY Change | 93.48% | 4.2% | 0.65% |
SHORT-TERM LIABILITIES | |||
YoY Change | |||
Accounts Payable | $71.00M | $91.00M | $76.00M |
YoY Change | -6.58% | 4.6% | -5.0% |
Accrued Expenses | $144.0M | $136.0M | |
YoY Change | -11.11% | -6.85% | |
Deferred Revenue | $123.0M | $89.00M | $102.0M |
YoY Change | 20.59% | -9.18% | -15.7% |
Short-Term Debt | $0.00 | $0.00 | |
YoY Change | |||
Long-Term Debt Due | $17.00M | $17.00M | |
YoY Change | 0.0% | 0.0% | |
Total Short-Term Liabilities | $369.0M | $341.0M | $331.0M |
YoY Change | 11.48% | -6.32% | -9.07% |
LONG-TERM LIABILITIES | |||
Long-Term Debt | $565.0M | $577.0M | |
YoY Change | -2.59% | -2.53% | |
Other Long-Term Liabilities | $4.000M | $6.000M | $5.000M |
YoY Change | -20.0% | -25.0% | -37.5% |
Total Long-Term Liabilities | $4.000M | $6.000M | $5.000M |
YoY Change | -20.0% | -25.0% | -37.5% |
TOTAL LIABILITIES | |||
Total Short-Term Liabilities | $369.0M | $341.0M | $331.0M |
Total Long-Term Liabilities | $4.000M | $6.000M | $5.000M |
Total Liabilities | $373.0M | $347.0M | $336.0M |
YoY Change | 11.01% | -6.72% | -9.68% |
SHAREHOLDERS EQUITY | |||
Retained Earnings | $530.0M | $522.0M | $296.0M |
YoY Change | 79.05% | 81.88% | 138.71% |
Common Stock | $1.000M | $1.000M | $1.000M |
YoY Change | 0.0% | 0.0% | 0.0% |
Preferred Stock | |||
YoY Change | |||
Treasury Stock (at cost) | $444.0M | $403.0M | $283.0M |
YoY Change | 56.89% | 69.33% | 74.69% |
Treasury Stock Shares | |||
Shareholders Equity | $239.0M | $261.0M | $136.0M |
YoY Change | |||
Total Liabilities & Shareholders Equity | $2.107B | $1.217B | $1.089B |
YoY Change | 93.48% | 4.2% | 0.65% |
Cashflow Statement
Concept | 2024 Q4 | 2024 Q3 | 2023 Q4 |
---|---|---|---|
OPERATING ACTIVITIES | |||
Net Income | $100.0M | $8.000M | |
YoY Change | 40.85% | 0.0% | |
Depreciation, Depletion And Amortization | $10.00M | $9.000M | |
YoY Change | 0.0% | 0.0% | |
Cash From Operating Activities | $26.00M | $64.00M | |
YoY Change | -7.14% | 4.92% | |
INVESTING ACTIVITIES | |||
Capital Expenditures | $9.000M | $9.000M | |
YoY Change | 12.5% | -10.0% | |
Acquisitions | |||
YoY Change | |||
Other Investing Activities | |||
YoY Change | |||
Cash From Investing Activities | -$9.000M | -$9.000M | |
YoY Change | 12.5% | -10.0% | |
FINANCING ACTIVITIES | |||
Cash Dividend Paid | |||
YoY Change | |||
Common Stock Issuance & Retirement, Net | |||
YoY Change | |||
Debt Paid & Issued, Net | |||
YoY Change | |||
Cash From Financing Activities | -60.00M | -49.00M | |
YoY Change | 36.36% | 1533.33% | |
NET CHANGE | |||
Cash From Operating Activities | 26.00M | 64.00M | |
Cash From Investing Activities | -9.000M | -9.000M | |
Cash From Financing Activities | -60.00M | -49.00M | |
Net Change In Cash | -43.00M | 6.000M | |
YoY Change | 79.17% | -87.5% | |
FREE CASH FLOW | |||
Cash From Operating Activities | $26.00M | $64.00M | |
Capital Expenditures | $9.000M | $9.000M | |
Free Cash Flow | $17.00M | $55.00M | |
YoY Change | -15.0% | 7.84% |
Facts In Submission
Frame | Concept Type | Concept / XBRL Key | Value | Unit |
---|---|---|---|---|
dei |
Amendment Flag
AmendmentFlag
|
false | ||
ecd |
Non Rule10b51 Arr Adopted Flag
NonRule10b51ArrAdoptedFlag
|
false | ||
ecd |
Rule10b51 Arr Adopted Flag
Rule10b51ArrAdoptedFlag
|
false | ||
dei |
Current Fiscal Year End Date
CurrentFiscalYearEndDate
|
--12-31 | ||
dei |
Entity Central Index Key
EntityCentralIndexKey
|
0001727263 | ||
dei |
Document Fiscal Period Focus
DocumentFiscalPeriodFocus
|
Q3 | ||
ecd |
Rule10b51 Arr Trmntd Flag
Rule10b51ArrTrmntdFlag
|
false | ||
ecd |
Non Rule10b51 Arr Trmntd Flag
NonRule10b51ArrTrmntdFlag
|
false | ||
CY2024Q3 | us-gaap |
Commitments And Contingencies
CommitmentsAndContingencies
|
||
CY2023Q4 | us-gaap |
Commitments And Contingencies
CommitmentsAndContingencies
|
||
CY2024Q3 | us-gaap |
Operating Lease Liability Current Statement Of Financial Position Extensible List
OperatingLeaseLiabilityCurrentStatementOfFinancialPositionExtensibleList
|
http://fasb.org/us-gaap/2024#OtherAccruedLiabilitiesCurrent | |
CY2023Q4 | us-gaap |
Operating Lease Liability Current Statement Of Financial Position Extensible List
OperatingLeaseLiabilityCurrentStatementOfFinancialPositionExtensibleList
|
http://fasb.org/us-gaap/2024#OtherAccruedLiabilitiesCurrent | |
dei |
Document Type
DocumentType
|
10-Q | ||
dei |
Document Quarterly Report
DocumentQuarterlyReport
|
true | ||
dei |
Document Period End Date
DocumentPeriodEndDate
|
2024-09-30 | ||
dei |
Document Fiscal Year Focus
DocumentFiscalYearFocus
|
2024 | ||
dei |
Document Transition Report
DocumentTransitionReport
|
false | ||
dei |
Entity File Number
EntityFileNumber
|
001-38617 | ||
dei |
Entity Registrant Name
EntityRegistrantName
|
Frontdoor, Inc. | ||
dei |
Entity Incorporation State Country Code
EntityIncorporationStateCountryCode
|
DE | ||
dei |
Entity Tax Identification Number
EntityTaxIdentificationNumber
|
82-3871179 | ||
dei |
Entity Address Address Line1
EntityAddressAddressLine1
|
3400 Players Club Parkway | ||
dei |
Entity Address City Or Town
EntityAddressCityOrTown
|
Memphis | ||
dei |
Entity Address State Or Province
EntityAddressStateOrProvince
|
TN | ||
dei |
Entity Address Postal Zip Code
EntityAddressPostalZipCode
|
38125 | ||
dei |
City Area Code
CityAreaCode
|
901 | ||
dei |
Local Phone Number
LocalPhoneNumber
|
701-5000 | ||
dei |
Security12b Title
Security12bTitle
|
Common stock, par value $0.01 per share | ||
dei |
Trading Symbol
TradingSymbol
|
FTDR | ||
dei |
Security Exchange Name
SecurityExchangeName
|
NASDAQ | ||
dei |
Entity Current Reporting Status
EntityCurrentReportingStatus
|
Yes | ||
dei |
Entity Interactive Data Current
EntityInteractiveDataCurrent
|
Yes | ||
dei |
Entity Filer Category
EntityFilerCategory
|
Large Accelerated Filer | ||
dei |
Entity Small Business
EntitySmallBusiness
|
false | ||
dei |
Entity Emerging Growth Company
EntityEmergingGrowthCompany
|
false | ||
dei |
Entity Shell Company
EntityShellCompany
|
false | ||
CY2024Q4 | dei |
Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
|
75824335 | |
CY2024Q3 | us-gaap |
Revenues
Revenues
|
540000000 | |
CY2023Q3 | us-gaap |
Revenues
Revenues
|
524000000 | |
us-gaap |
Revenues
Revenues
|
1461000000 | ||
us-gaap |
Revenues
Revenues
|
1414000000 | ||
CY2024Q3 | us-gaap |
Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
|
235000000 | |
CY2023Q3 | us-gaap |
Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
|
256000000 | |
us-gaap |
Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
|
655000000 | ||
us-gaap |
Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
|
706000000 | ||
CY2024Q3 | us-gaap |
Gross Profit
GrossProfit
|
306000000 | |
CY2023Q3 | us-gaap |
Gross Profit
GrossProfit
|
268000000 | |
us-gaap |
Gross Profit
GrossProfit
|
806000000 | ||
us-gaap |
Gross Profit
GrossProfit
|
708000000 | ||
CY2024Q3 | us-gaap |
Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
|
154000000 | |
CY2023Q3 | us-gaap |
Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
|
152000000 | |
us-gaap |
Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
|
456000000 | ||
us-gaap |
Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
|
439000000 | ||
CY2024Q3 | us-gaap |
Depreciation And Amortization
DepreciationAndAmortization
|
10000000 | |
CY2023Q3 | us-gaap |
Depreciation And Amortization
DepreciationAndAmortization
|
9000000 | |
us-gaap |
Depreciation And Amortization
DepreciationAndAmortization
|
28000000 | ||
us-gaap |
Depreciation And Amortization
DepreciationAndAmortization
|
28000000 | ||
CY2024Q3 | us-gaap |
Restructuring Charges
RestructuringCharges
|
3000000 | |
CY2023Q3 | us-gaap |
Restructuring Charges
RestructuringCharges
|
5000000 | |
us-gaap |
Restructuring Charges
RestructuringCharges
|
5000000 | ||
us-gaap |
Restructuring Charges
RestructuringCharges
|
6000000 | ||
CY2024Q3 | us-gaap |
Interest Expense
InterestExpense
|
10000000 | |
CY2023Q3 | us-gaap |
Interest Expense
InterestExpense
|
10000000 | |
us-gaap |
Interest Expense
InterestExpense
|
29000000 | ||
us-gaap |
Interest Expense
InterestExpense
|
30000000 | ||
CY2024Q3 | us-gaap |
Investment Income Nonoperating
InvestmentIncomeNonoperating
|
5000000 | |
CY2023Q3 | us-gaap |
Investment Income Nonoperating
InvestmentIncomeNonoperating
|
4000000 | |
us-gaap |
Investment Income Nonoperating
InvestmentIncomeNonoperating
|
15000000 | ||
us-gaap |
Investment Income Nonoperating
InvestmentIncomeNonoperating
|
12000000 | ||
CY2024Q3 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
134000000 | |
CY2023Q3 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
96000000 | |
us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
303000000 | ||
us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
217000000 | ||
CY2024Q3 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
34000000 | |
CY2023Q3 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
24000000 | |
us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
77000000 | ||
us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
54000000 | ||
CY2024Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
100000000 | |
CY2023Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
71000000 | |
us-gaap |
Net Income Loss
NetIncomeLoss
|
226000000 | ||
us-gaap |
Net Income Loss
NetIncomeLoss
|
163000000 | ||
CY2024Q3 | us-gaap |
Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax
|
-4000000 | |
CY2023Q3 | us-gaap |
Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax
|
0 | |
us-gaap |
Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax
|
-3000000 | ||
us-gaap |
Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax
|
2000000 | ||
CY2024Q3 | us-gaap |
Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
|
-4000000 | |
CY2023Q3 | us-gaap |
Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
|
0 | |
us-gaap |
Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
|
-3000000 | ||
us-gaap |
Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
|
2000000 | ||
CY2024Q3 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
97000000 | |
CY2023Q3 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
72000000 | |
us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
223000000 | ||
us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
164000000 | ||
CY2024Q3 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
1.32 | |
CY2023Q3 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.89 | |
us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
2.92 | ||
us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
2.01 | ||
CY2024Q3 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
1.3 | |
CY2023Q3 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.89 | |
us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
2.9 | ||
us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
2 | ||
CY2024Q3 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
76200000 | |
CY2023Q3 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
80100000 | |
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
77400000 | ||
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
81000000 | ||
CY2024Q3 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
77100000 | |
CY2023Q3 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
80600000 | |
us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
78000000 | ||
us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
81300000 | ||
CY2024Q3 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
375000000 | |
CY2023Q4 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
325000000 | |
CY2024Q3 | us-gaap |
Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
|
5000000 | |
CY2023Q4 | us-gaap |
Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
|
5000000 | |
CY2024Q3 | us-gaap |
Accounts Receivable Net Current
AccountsReceivableNetCurrent
|
6000000 | |
CY2023Q4 | us-gaap |
Accounts Receivable Net Current
AccountsReceivableNetCurrent
|
6000000 | |
CY2024Q3 | us-gaap |
Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
|
28000000 | |
CY2023Q4 | us-gaap |
Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
|
32000000 | |
CY2024Q3 | us-gaap |
Contract With Customer Asset Net Current
ContractWithCustomerAssetNetCurrent
|
75000000 | |
CY2023Q4 | us-gaap |
Contract With Customer Asset Net Current
ContractWithCustomerAssetNetCurrent
|
0 | |
CY2024Q3 | us-gaap |
Assets Current
AssetsCurrent
|
484000000 | |
CY2023Q4 | us-gaap |
Assets Current
AssetsCurrent
|
363000000 | |
CY2024Q3 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
68000000 | |
CY2023Q4 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
60000000 | |
CY2024Q3 | us-gaap |
Goodwill
Goodwill
|
503000000 | |
CY2023Q4 | us-gaap |
Goodwill
Goodwill
|
503000000 | |
CY2024Q3 | us-gaap |
Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
|
141000000 | |
CY2023Q4 | us-gaap |
Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
|
143000000 | |
CY2024Q3 | us-gaap |
Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
|
8000000 | |
CY2023Q4 | us-gaap |
Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
|
3000000 | |
CY2024Q3 | us-gaap |
Deferred Costs
DeferredCosts
|
10000000 | |
CY2023Q4 | us-gaap |
Deferred Costs
DeferredCosts
|
12000000 | |
CY2024Q3 | us-gaap |
Other Assets Noncurrent
OtherAssetsNoncurrent
|
3000000 | |
CY2023Q4 | us-gaap |
Other Assets Noncurrent
OtherAssetsNoncurrent
|
5000000 | |
CY2024Q3 | us-gaap |
Assets
Assets
|
1217000000 | |
CY2023Q4 | us-gaap |
Assets
Assets
|
1089000000 | |
CY2024Q3 | us-gaap |
Accounts Payable Current
AccountsPayableCurrent
|
91000000 | |
CY2023Q4 | us-gaap |
Accounts Payable Current
AccountsPayableCurrent
|
76000000 | |
CY2024Q3 | us-gaap |
Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
|
29000000 | |
CY2023Q4 | us-gaap |
Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
|
38000000 | |
CY2024Q3 | us-gaap |
Liability For Unpaid Claims And Claims Adjustment Expense Net
LiabilityForUnpaidClaimsAndClaimsAdjustmentExpenseNet
|
73000000 | |
CY2023Q4 | us-gaap |
Liability For Unpaid Claims And Claims Adjustment Expense Net
LiabilityForUnpaidClaimsAndClaimsAdjustmentExpenseNet
|
76000000 | |
CY2024Q3 | us-gaap |
Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
|
42000000 | |
CY2023Q4 | us-gaap |
Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
|
22000000 | |
CY2024Q3 | us-gaap |
Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
|
89000000 | |
CY2023Q4 | us-gaap |
Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
|
102000000 | |
CY2024Q3 | us-gaap |
Long Term Debt And Capital Lease Obligations Current
LongTermDebtAndCapitalLeaseObligationsCurrent
|
17000000 | |
CY2023Q4 | us-gaap |
Long Term Debt And Capital Lease Obligations Current
LongTermDebtAndCapitalLeaseObligationsCurrent
|
17000000 | |
CY2024Q3 | us-gaap |
Liabilities Current
LiabilitiesCurrent
|
341000000 | |
CY2023Q4 | us-gaap |
Liabilities Current
LiabilitiesCurrent
|
331000000 | |
CY2024Q3 | us-gaap |
Long Term Debt And Capital Lease Obligations
LongTermDebtAndCapitalLeaseObligations
|
565000000 | |
CY2023Q4 | us-gaap |
Long Term Debt And Capital Lease Obligations
LongTermDebtAndCapitalLeaseObligations
|
577000000 | |
CY2024Q3 | us-gaap |
Deferred Income Tax Liabilities Net
DeferredIncomeTaxLiabilitiesNet
|
24000000 | |
CY2023Q4 | us-gaap |
Deferred Income Tax Liabilities Net
DeferredIncomeTaxLiabilitiesNet
|
25000000 | |
CY2024Q3 | us-gaap |
Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
|
21000000 | |
CY2023Q4 | us-gaap |
Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
|
16000000 | |
CY2024Q3 | us-gaap |
Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
|
6000000 | |
CY2023Q4 | us-gaap |
Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
|
5000000 | |
CY2024Q3 | us-gaap |
Liabilities Other Than Longterm Debt Noncurrent
LiabilitiesOtherThanLongtermDebtNoncurrent
|
50000000 | |
CY2023Q4 | us-gaap |
Liabilities Other Than Longterm Debt Noncurrent
LiabilitiesOtherThanLongtermDebtNoncurrent
|
46000000 | |
CY2024Q3 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.01 | |
CY2023Q4 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.01 | |
CY2024Q3 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
2000000000 | |
CY2023Q4 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
2000000000 | |
CY2024Q3 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
87193682 | |
CY2024Q3 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
75782534 | |
CY2023Q4 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
86553387 | |
CY2023Q4 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
78378511 | |
CY2024Q3 | us-gaap |
Common Stock Value
CommonStockValue
|
1000000 | |
CY2023Q4 | us-gaap |
Common Stock Value
CommonStockValue
|
1000000 | |
CY2024Q3 | us-gaap |
Additional Paid In Capital
AdditionalPaidInCapital
|
139000000 | |
CY2023Q4 | us-gaap |
Additional Paid In Capital
AdditionalPaidInCapital
|
117000000 | |
CY2024Q3 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
522000000 | |
CY2023Q4 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
296000000 | |
CY2024Q3 | us-gaap |
Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
2000000 | |
CY2023Q4 | us-gaap |
Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
6000000 | |
CY2024Q3 | us-gaap |
Treasury Stock Common Shares
TreasuryStockCommonShares
|
11411148 | |
CY2023Q4 | us-gaap |
Treasury Stock Common Shares
TreasuryStockCommonShares
|
8174876 | |
CY2024Q3 | us-gaap |
Treasury Stock Value
TreasuryStockValue
|
403000000 | |
CY2023Q4 | us-gaap |
Treasury Stock Value
TreasuryStockValue
|
283000000 | |
CY2024Q3 | us-gaap |
Stockholders Equity
StockholdersEquity
|
261000000 | |
CY2023Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
136000000 | |
CY2024Q3 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
1217000000 | |
CY2023Q4 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
1089000000 | |
CY2024Q3 | us-gaap |
Stockholders Equity
StockholdersEquity
|
261000000 | |
CY2023Q3 | us-gaap |
Stockholders Equity
StockholdersEquity
|
171000000 | |
CY2024Q3 | us-gaap |
Stockholders Equity
StockholdersEquity
|
261000000 | |
CY2023Q3 | us-gaap |
Stockholders Equity
StockholdersEquity
|
171000000 | |
CY2023Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
325000000 | |
CY2022Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
292000000 | |
us-gaap |
Net Income Loss
NetIncomeLoss
|
226000000 | ||
us-gaap |
Net Income Loss
NetIncomeLoss
|
163000000 | ||
us-gaap |
Depreciation And Amortization
DepreciationAndAmortization
|
28000000 | ||
us-gaap |
Depreciation And Amortization
DepreciationAndAmortization
|
28000000 | ||
us-gaap |
Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
|
0 | ||
us-gaap |
Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
|
-12000000 | ||
us-gaap |
Share Based Compensation
ShareBasedCompensation
|
20000000 | ||
us-gaap |
Share Based Compensation
ShareBasedCompensation
|
21000000 | ||
us-gaap |
Restructuring Charges
RestructuringCharges
|
5000000 | ||
us-gaap |
Restructuring Charges
RestructuringCharges
|
6000000 | ||
us-gaap |
Payments For Restructuring
PaymentsForRestructuring
|
3000000 | ||
us-gaap |
Payments For Restructuring
PaymentsForRestructuring
|
3000000 | ||
us-gaap |
Other Noncash Income Expense
OtherNoncashIncomeExpense
|
-2000000 | ||
us-gaap |
Other Noncash Income Expense
OtherNoncashIncomeExpense
|
-5000000 | ||
us-gaap |
Increase Decrease In Receivables
IncreaseDecreaseInReceivables
|
0 | ||
us-gaap |
Increase Decrease In Receivables
IncreaseDecreaseInReceivables
|
1000000 | ||
us-gaap |
Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
74000000 | ||
us-gaap |
Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
70000000 | ||
us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
14000000 | ||
us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
7000000 | ||
us-gaap |
Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
|
-12000000 | ||
us-gaap |
Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
|
-22000000 | ||
us-gaap |
Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
|
-11000000 | ||
us-gaap |
Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
|
-2000000 | ||
us-gaap |
Increase Decrease In Accrued Income Taxes Payable
IncreaseDecreaseInAccruedIncomeTaxesPayable
|
18000000 | ||
us-gaap |
Increase Decrease In Accrued Income Taxes Payable
IncreaseDecreaseInAccruedIncomeTaxesPayable
|
22000000 | ||
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
212000000 | ||
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
139000000 | ||
us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
31000000 | ||
us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
23000000 | ||
us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-31000000 | ||
us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-23000000 | ||
us-gaap |
Repayments Of Debt And Capital Lease Obligations
RepaymentsOfDebtAndCapitalLeaseObligations
|
13000000 | ||
us-gaap |
Repayments Of Debt And Capital Lease Obligations
RepaymentsOfDebtAndCapitalLeaseObligations
|
13000000 | ||
us-gaap |
Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
|
120000000 | ||
us-gaap |
Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
|
76000000 | ||
us-gaap |
Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
|
2000000 | ||
us-gaap |
Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
|
0 | ||
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
-131000000 | ||
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
-88000000 | ||
us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
50000000 | ||
us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
28000000 | ||
CY2024Q3 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
375000000 | |
CY2023Q3 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
320000000 | |
CY2024Q3 | ftdr |
Number Of Active Home Service Plans
NumberOfActiveHomeServicePlans
|
2000000 | |
ftdr |
Home Service Plans Typical Term
HomeServicePlansTypicalTerm
|
P1Y | ||
CY2024Q3 | us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
540000000 | |
CY2023Q3 | us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
524000000 | |
us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
1461000000 | ||
us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
1414000000 | ||
CY2024Q3 | us-gaap |
Capitalized Contract Cost Net
CapitalizedContractCostNet
|
10000000 | |
CY2023Q4 | us-gaap |
Capitalized Contract Cost Net
CapitalizedContractCostNet
|
12000000 | |
CY2024Q3 | us-gaap |
Capitalized Contract Cost Amortization
CapitalizedContractCostAmortization
|
3000000 | |
CY2023Q3 | us-gaap |
Capitalized Contract Cost Amortization
CapitalizedContractCostAmortization
|
5000000 | |
us-gaap |
Capitalized Contract Cost Amortization
CapitalizedContractCostAmortization
|
10000000 | ||
us-gaap |
Capitalized Contract Cost Amortization
CapitalizedContractCostAmortization
|
13000000 | ||
us-gaap |
Capitalized Contract Cost Impairment Loss
CapitalizedContractCostImpairmentLoss
|
0 | ||
us-gaap |
Capitalized Contract Cost Impairment Loss
CapitalizedContractCostImpairmentLoss
|
0 | ||
CY2024Q3 | us-gaap |
Contract With Customer Asset Net Current
ContractWithCustomerAssetNetCurrent
|
75000000 | |
CY2023Q4 | us-gaap |
Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
|
102000000 | |
us-gaap |
Deferred Revenue Additions
DeferredRevenueAdditions
|
154000000 | ||
us-gaap |
Deferred Revenue Revenue Recognized1
DeferredRevenueRevenueRecognized1
|
167000000 | ||
CY2024Q3 | us-gaap |
Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
|
89000000 | |
CY2024Q3 | ftdr |
Deferred Revenue Revenue Recognized In Opening Balance
DeferredRevenueRevenueRecognizedInOpeningBalance
|
22000000 | |
ftdr |
Deferred Revenue Revenue Recognized In Opening Balance
DeferredRevenueRevenueRecognizedInOpeningBalance
|
102000000 | ||
CY2024Q3 | us-gaap |
Goodwill
Goodwill
|
503000000 | |
CY2023Q4 | us-gaap |
Goodwill
Goodwill
|
503000000 | |
us-gaap |
Goodwill Impairment Loss
GoodwillImpairmentLoss
|
0 | ||
us-gaap |
Goodwill Impairment Loss
GoodwillImpairmentLoss
|
0 | ||
CY2024Q3 | us-gaap |
Intangible Assets Gross Excluding Goodwill
IntangibleAssetsGrossExcludingGoodwill
|
365000000 | |
CY2024Q3 | us-gaap |
Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
|
223000000 | |
CY2024Q3 | us-gaap |
Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
|
141000000 | |
CY2023Q4 | us-gaap |
Intangible Assets Gross Excluding Goodwill
IntangibleAssetsGrossExcludingGoodwill
|
365000000 | |
CY2023Q4 | us-gaap |
Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
|
221000000 | |
CY2023Q4 | us-gaap |
Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
|
143000000 | |
CY2024Q3 | us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
1000000 | |
CY2023Q3 | us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
1000000 | |
us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
2000000 | ||
us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
3000000 | ||
us-gaap |
Impairment Of Intangible Assets Indefinitelived Excluding Goodwill
ImpairmentOfIntangibleAssetsIndefinitelivedExcludingGoodwill
|
0 | ||
us-gaap |
Impairment Of Intangible Assets Indefinitelived Excluding Goodwill
ImpairmentOfIntangibleAssetsIndefinitelivedExcludingGoodwill
|
0 | ||
ftdr |
Leases Renewal Term
LeasesRenewalTerm
|
P5Y | ||
CY2024Q3 | us-gaap |
Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
|
P9Y | |
CY2023Q4 | us-gaap |
Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
|
P9Y | |
CY2024Q3 | us-gaap |
Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
|
0.065 | |
CY2023Q4 | us-gaap |
Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
|
0.065 | |
CY2023Q3 | us-gaap |
Operating Lease Expense
OperatingLeaseExpense
|
1000000 | |
us-gaap |
Operating Lease Expense
OperatingLeaseExpense
|
1000000 | ||
us-gaap |
Operating Lease Expense
OperatingLeaseExpense
|
2000000 | ||
CY2024Q3 | us-gaap |
Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
|
2000000 | |
CY2023Q4 | us-gaap |
Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
|
2000000 | |
CY2024Q3 | us-gaap |
Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
|
21000000 | |
CY2023Q4 | us-gaap |
Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
|
16000000 | |
CY2024Q3 | ftdr |
Operating Lease Liability Gross
OperatingLeaseLiabilityGross
|
23000000 | |
CY2023Q4 | ftdr |
Operating Lease Liability Gross
OperatingLeaseLiabilityGross
|
18000000 | |
us-gaap |
Operating Lease Payments
OperatingLeasePayments
|
3000000 | ||
us-gaap |
Operating Lease Payments
OperatingLeasePayments
|
3000000 | ||
us-gaap |
Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
|
7000000 | ||
us-gaap |
Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
|
0 | ||
CY2024Q3 | us-gaap |
Lessee Operating Lease Liability Payments Remainder Of Fiscal Year
LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear
|
1000000 | |
CY2024Q3 | us-gaap |
Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
|
2000000 | |
CY2024Q3 | us-gaap |
Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
|
3000000 | |
CY2024Q3 | us-gaap |
Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
|
4000000 | |
CY2024Q3 | us-gaap |
Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
|
3000000 | |
CY2024Q3 | us-gaap |
Lessee Operating Lease Liability Payments Due Year Five
LesseeOperatingLeaseLiabilityPaymentsDueYearFive
|
3000000 | |
CY2024Q3 | us-gaap |
Lessee Operating Lease Liability Payments Due After Year Five
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive
|
13000000 | |
CY2024Q3 | us-gaap |
Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
|
28000000 | |
CY2024Q3 | us-gaap |
Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
|
7000000 | |
CY2024Q3 | us-gaap |
Operating Lease Liability
OperatingLeaseLiability
|
21000000 | |
CY2024Q3 | ftdr |
Future Minimum Sublease Rental Payments Receivable
FutureMinimumSubleaseRentalPaymentsReceivable
|
2000000 | |
CY2024Q3 | us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
0.251 | |
CY2023Q3 | us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
0.253 | |
us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
0.253 | ||
us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
0.251 | ||
CY2024Q3 | us-gaap |
Restructuring Charges
RestructuringCharges
|
3000000 | |
CY2024Q3 | ftdr |
Restructuring Charges Net Of Tax
RestructuringChargesNetOfTax
|
2000000 | |
CY2023Q3 | us-gaap |
Restructuring Charges
RestructuringCharges
|
5000000 | |
CY2023Q3 | ftdr |
Restructuring Charges Net Of Tax
RestructuringChargesNetOfTax
|
4000000 | |
us-gaap |
Restructuring Charges
RestructuringCharges
|
5000000 | ||
ftdr |
Restructuring Charges Net Of Tax
RestructuringChargesNetOfTax
|
3000000 | ||
us-gaap |
Restructuring Charges
RestructuringCharges
|
6000000 | ||
ftdr |
Restructuring Charges Net Of Tax
RestructuringChargesNetOfTax
|
5000000 | ||
CY2024Q3 | us-gaap |
Severance Costs1
SeveranceCosts1
|
3000000 | |
us-gaap |
Severance Costs1
SeveranceCosts1
|
4000000 | ||
us-gaap |
Business Exit Costs1
BusinessExitCosts1
|
1000000 | ||
CY2023Q3 | us-gaap |
Operating Lease Impairment Loss
OperatingLeaseImpairmentLoss
|
2000000 | |
us-gaap |
Operating Lease Impairment Loss
OperatingLeaseImpairmentLoss
|
2000000 | ||
CY2023Q3 | us-gaap |
Other Restructuring Costs
OtherRestructuringCosts
|
2000000 | |
us-gaap |
Other Restructuring Costs
OtherRestructuringCosts
|
2000000 | ||
CY2024Q3 | us-gaap |
Restructuring Reserve
RestructuringReserve
|
3000000 | |
CY2024Q3 | us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
6000000 | |
CY2024Q3 | us-gaap |
Allocated Share Based Compensation Expense Net Of Tax
AllocatedShareBasedCompensationExpenseNetOfTax
|
5000000 | |
CY2023Q3 | us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
8000000 | |
CY2023Q3 | us-gaap |
Allocated Share Based Compensation Expense Net Of Tax
AllocatedShareBasedCompensationExpenseNetOfTax
|
7000000 | |
us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
20000000 | ||
us-gaap |
Allocated Share Based Compensation Expense Net Of Tax
AllocatedShareBasedCompensationExpenseNetOfTax
|
17000000 | ||
us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
21000000 | ||
us-gaap |
Allocated Share Based Compensation Expense Net Of Tax
AllocatedShareBasedCompensationExpenseNetOfTax
|
18000000 | ||
CY2024Q3 | us-gaap |
Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized
|
40000000 | |
us-gaap |
Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Period For Recognition1
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1
|
P2Y2M23D | ||
CY2024Q3 | us-gaap |
Long Term Debt
LongTermDebt
|
582000000 | |
CY2023Q4 | us-gaap |
Long Term Debt
LongTermDebt
|
593000000 | |
CY2024Q3 | us-gaap |
Long Term Debt And Capital Lease Obligations Current
LongTermDebtAndCapitalLeaseObligationsCurrent
|
17000000 | |
CY2023Q4 | us-gaap |
Long Term Debt And Capital Lease Obligations Current
LongTermDebtAndCapitalLeaseObligationsCurrent
|
17000000 | |
CY2024Q3 | us-gaap |
Long Term Debt And Capital Lease Obligations
LongTermDebtAndCapitalLeaseObligations
|
565000000 | |
CY2023Q4 | us-gaap |
Long Term Debt And Capital Lease Obligations
LongTermDebtAndCapitalLeaseObligations
|
577000000 | |
CY2024Q3 | us-gaap |
Long Term Debt Maturities Repayments Of Principal Remainder Of Fiscal Year
LongTermDebtMaturitiesRepaymentsOfPrincipalRemainderOfFiscalYear
|
4000000 | |
CY2024Q3 | us-gaap |
Long Term Debt Maturities Repayments Of Principal In Next Twelve Months
LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths
|
17000000 | |
CY2024Q3 | us-gaap |
Long Term Debt Maturities Repayments Of Principal In Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo
|
205000000 | |
CY2024Q3 | us-gaap |
Long Term Debt Maturities Repayments Of Principal In Year Three
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree
|
4000000 | |
CY2024Q3 | us-gaap |
Long Term Debt Maturities Repayments Of Principal In Year Four
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour
|
355000000 | |
CY2024Q3 | us-gaap |
Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
|
585000000 | |
CY2024Q3 | us-gaap |
Deferred Finance Costs Net
DeferredFinanceCostsNet
|
3000000 | |
CY2024Q3 | us-gaap |
Debt Instrument Unamortized Discount
DebtInstrumentUnamortizedDiscount
|
1000000 | |
CY2024Q3 | us-gaap |
Long Term Debt
LongTermDebt
|
582000000 | |
us-gaap |
Interest Paid Net
InterestPaidNet
|
28000000 | ||
us-gaap |
Interest Paid Net
InterestPaidNet
|
28000000 | ||
us-gaap |
Proceeds From Interest And Dividends Received
ProceedsFromInterestAndDividendsReceived
|
15000000 | ||
us-gaap |
Proceeds From Interest And Dividends Received
ProceedsFromInterestAndDividendsReceived
|
12000000 | ||
us-gaap |
Income Taxes Paid Net
IncomeTaxesPaidNet
|
59000000 | ||
us-gaap |
Income Taxes Paid Net
IncomeTaxesPaidNet
|
44000000 | ||
CY2024Q3 | us-gaap |
Long Term Debt
LongTermDebt
|
582000000 | |
CY2023Q4 | us-gaap |
Long Term Debt
LongTermDebt
|
593000000 | |
CY2024Q3 | us-gaap |
Long Term Debt Fair Value
LongTermDebtFairValue
|
582000000 | |
CY2023Q4 | us-gaap |
Long Term Debt Fair Value
LongTermDebtFairValue
|
598000000 | |
CY2024Q3 | us-gaap |
Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
|
1475797 | |
CY2023Q3 | us-gaap |
Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
|
1241213 | |
us-gaap |
Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
|
3236272 | ||
us-gaap |
Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
|
2315072 | ||
CY2024Q3 | us-gaap |
Treasury Stock Acquired Average Cost Per Share
TreasuryStockAcquiredAverageCostPerShare
|
41.33 | |
CY2023Q3 | us-gaap |
Treasury Stock Acquired Average Cost Per Share
TreasuryStockAcquiredAverageCostPerShare
|
33.23 | |
us-gaap |
Treasury Stock Acquired Average Cost Per Share
TreasuryStockAcquiredAverageCostPerShare
|
36.62 | ||
us-gaap |
Treasury Stock Acquired Average Cost Per Share
TreasuryStockAcquiredAverageCostPerShare
|
32.39 | ||
CY2024Q3 | us-gaap |
Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
|
61000000 | |
CY2023Q3 | us-gaap |
Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
|
41000000 | |
us-gaap |
Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
|
119000000 | ||
us-gaap |
Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
|
75000000 | ||
CY2024Q3 | ftdr |
Treasury Stock Acquired Trade Fees And Commissions Costs
TreasuryStockAcquiredTradeFeesAndCommissionsCosts
|
1000000 | |
CY2023Q3 | ftdr |
Treasury Stock Acquired Trade Fees And Commissions Costs
TreasuryStockAcquiredTradeFeesAndCommissionsCosts
|
1000000 | |
ftdr |
Treasury Stock Acquired Trade Fees And Commissions Costs
TreasuryStockAcquiredTradeFeesAndCommissionsCosts
|
1000000 | ||
ftdr |
Treasury Stock Acquired Trade Fees And Commissions Costs
TreasuryStockAcquiredTradeFeesAndCommissionsCosts
|
1000000 | ||
CY2024Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
100000000 | |
CY2023Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
71000000 | |
us-gaap |
Net Income Loss
NetIncomeLoss
|
226000000 | ||
us-gaap |
Net Income Loss
NetIncomeLoss
|
163000000 | ||
CY2024Q3 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
76200000 | |
CY2023Q3 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
80100000 | |
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
77400000 | ||
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
81000000 | ||
CY2024Q3 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
77100000 | |
CY2023Q3 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
80600000 | |
us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
78000000 | ||
us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
81300000 | ||
CY2024Q3 | us-gaap |
Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
|
1.32 | |
CY2023Q3 | us-gaap |
Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
|
0.89 | |
us-gaap |
Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
|
2.92 | ||
us-gaap |
Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
|
2.01 | ||
CY2024Q3 | us-gaap |
Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
|
1.3 | |
CY2023Q3 | us-gaap |
Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
|
0.89 | |
us-gaap |
Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
|
2.9 | ||
us-gaap |
Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
|
2 |